BIBLICAL COUNSELLING UK FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 CHARITY NUMBER: 1164965
BIBLICAL COUNSELLING UK FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 AUGUST2023 Content5 Pages TrustÈe5' Annual Report Independent Examiners Report Statement of Flnanclal Activities io Balance Sheet li Statement of Cash Flows 12 Notes to the Financial Statements 13-20 Prlnclpal Addre55 Christ Church Christchurch Street Cambridge CBI IHT Principal Bankers Barclays Bank PLC 9-11 St Andrew's Street Cambridge CB2 3AA Independent Examlnei N J Hedger BFP FCA CTA Chater Allan LLP 7 Quy Court Colliers Lane Stow-cum-Quy Cambridgeshire CB25 9AU
BIBLICAL COUNSELLING UK TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST2023 Purposes of the Charity Biblical Counselling UK IBCUKI exlsts so that people, whatever their struggle, receive wise. biblical conversational ministry in their local church. To achieve that, BCUK'S mission 15 to partner with local churches by providing trainirbg and resources that envision and equip interpersonal ministry of the word which Is both deep in wisdom and broad in reach. Structure Biblical Counselling UK is a Charitable Incorporated Organisation I'Foundation' model constitution), charity number 1164965. The Biblical Counselling movement began in the USA and is much more developed there than it is In the UK. BCUK benefits from strong Ilrbks with two 'not for profit, biblical counselling organisations in the US. These are CCEF (The Christian Counseling and Educational Foundation) and the BCC (The Biblical Counseling Coalition). Our executive director, Steve Midgley, is a member of the board of CCEF and a Director of the Biblical Counselling Coalition. Both of these roles are voluntary. Public Benefit BCUK has considered the Charity Commission's guidance on public benefit and is committed to the following Objerts.. l. The advancement of the Christian religion by the promotion of the understanding and practice of biblical coun5elling and establishing and carrying out mlnistrles related thereto,. 2. The relief of need, hardship, physical or mental distress among any persons without limitation; 3. In furtherance of the above Objects but not further or otherwise: a. The support by donation5, subscriptions or in any other manner anybody which 15 charitable in law and the objects of which include the advancement of the Christian religion or the relief of hardship or physical or emotional distress. b. The support of Christians who are engaged full-time or part-time in Biblical counselling ministries. Strategic plannlng Conscious of the many opportunities the Lord was placing before us to equip local church leaders and members in pastoral care we embarked upon a period of strategic review and planning over the last year. This led to a reshaping of our staff team and operations to ensure BCUK is best positioned to respond to these opportunities going forward.
BCUK'S vision and mi55ion are likely to remain constant in the longer term Isee 'Purposes of the Charity, above). Over the next five years, however, we have identified four key aims to help direct how we use our time and resources and the strategic goals that will be our priority over these five years.. l. Pastors and people are envisioned and equlpped for pastoral care This means: Supporting and resourcing church leaders to help them build church communit1È5 which embrace one-anothering. Providing training and resources to entourage personal growth and skills in conversational ministry. 2. Experienced carers deepen their wlsdom and sklll This means.. Developing, and supportingi consultation and supervlsion for vocational counsellors. Contributing to higher level training in pastoral care and biblical counsel. 3. Individual strugglers can attess relevant help This means.. Producing biblically faithful resources for a wide range of difficultie5. Increasing awareness of vocational counsellors who use a biblical counselllng approach. These three ministry aims will be underpinned by the following operational aim and goals.. 4. Organisatlonal infrastructure enables sustalnable growth of the ministry ot BCUK This means.. Pursuing lonB-term financial sustainability through sound financial management. Expanding our development programme to effectively resource BCUK'S vision. Establishing a robust operational infrastructure that underpins the next 5 years of growth. Strengthenlng our communications and marketing. Strengthening our HR management to nurture employees and optimise organisational performance. Charitable Activitie5 and Main Achievements During 2022-23, BCUK continued to deliver training in the principles and practice of biblical coun5elling through its Certificate Course in London, Edinburgh, Liverpool, Bath, Belfast and Sheffield, and the Online cohorts. In total, 203 students enrolled in the autumn term, 162 in the spring term and 70 in the summer term. BCUK was able to offer the one-week summer intensive in three venues.. London112 students), Liverpool110 students) and Belfast110 student51- 32 students in total. 10 student5 benefitted from reduced course fees via BCUK'S Bursary Scheme. BCUK offered the Dynamlcs of Blbllcal Change for Leaders course in January 2023, with 66 students enrolled. 20 students enrolled in the follow-on course, Helping Relationships for Leaders During the year we launched DBC for SabbatScals which has proved popular with church pastors. 6 people have taken the Coufse so far.
BCUK provided speakers for training event5 held by 50 local churches, 9 para-church organisations and 3 theological colleges. Staff also spoke at 12 regional conferences, 3 national conferences (including Word Alive) and 3 overseas conferences hosted in Australia, Germany and Zambia. Across these events over 10,000 people were taught and encouraged through teaching on the principles and practices of biblical counselling and pastoral care within the local church, as well as topical issue5 such as anger, anxiety, depression, domestic abuse, emotions and identity. 'Mentol Health andyour Church,, written by Steve Midgley and Helen Thorne, was published in March 2023 - a book that has proven immensely popular with approximately 5,000 sold during the vear. The book is currently on its third print run and has been the inspiration for various training events held in the UK and overseas. Our website received 45% more visitors than last year, with people also returning more frequently to find out about the Ceitificate Course and annual conference, and to access our resource5. Our social media posts reached over 20,000 people. Over 1,800 people received our fortnightly news and blog mailing. 900 received our prayer and financial news bi-monthly mailing. 5 interns graduated from BCUK'S Intern Scheme at the end of their second year and 4 interns completed their first year. The Scheme partners with local churches wishing to develop biblical counselling by providing support and mentoring. The 9 irbterns received training through monthly seminars via conference call, three half day training sessions and regular meetings with their mentors and local supervisors. 11 new Interns selected from a total of 14 applications from churches were accepted to join the programme in September 2023, representing all four countries of the UK for the first time. The new intake have been accepted onto a newly developed version of the Intern Scheme which will see Interns choose between a church growth track or a counselling track for their second year. This will allow more tailored training and mentoring depending on the experience and giftings of the Intern and the opportunities available within their church. Interns have worked with their church leadership to develop the pastoral tare structures that undergird wise care, led groups like Real Change or seminars on a variety of topics and met with individuals for l..1 conversation5. All these activities have helped whole churches grow in wise conversations with one another and establish deeper confidence that there is help and hope to be found in the wisdom of God for all of life's experiences. Summer 2023 saw the culmination of the two-year family care research project. This reviewed the support received by Christian parents of fostered and adopted children. Rachel Maclure was employed to undertake this research, having gained a unique insight into the challenge5 and joys faced by parents of care-experienced children in her previous role at the charity Home for Good. We are thankful to God for the generosity of donors who made this project Possible. The report is available to download on our website and offers insights for parentslcarers of care-experience children and their supporters, and makes recommendations for future research and practice. Flnanclal Revlew Income The start of the year Saw a significant reshaping of our staff team to create a new senior leadership team, and the recruitment of additional ministry and support st?ff'. a new Director of the Certificate Course, Head of Communications, Finance & Operations Administrator and Executive Assistant. Most signlficantlyl Steve Midgley IExecutive Director). stepped down from his position as Vicar of
Christ Church Cambridge to take up employment with BCUK and devote almost all his time to its leadership. We do thank the Lord for the way the prayers and generosity of our Partners has made these appointments possible. We are especially thankful for a one-off donation of £200k via Stewardship Ireceived In 2021-221 and a grant of £230k over 3 years from The Lauderdale Trust. This financSal support has enabled us to bring about this Step-change in BCUK'S staffing and ministry. The family care research project also received £17.6k of restricted donations during the year to fund the salary of Rachel Maclure. For the reasons outlined above, our donation and grant income continues to be significantly higher than prior to September 2021, at £202k12021-22'. £398kl. Regular giving grew by IO%12021-22.. 15%1 and one-off gifts were larger than prior year at £56k 12021-22.. £30kl. It Is envisioned this donor base will steadily grow over the coming years. Expendlture The significant increase in staffing costs to £389k12021-22.' £166kl accounts for the majority of the increase in expenditure this year. A one-off payment of £74k was made to the Christian Counselling & Educational Foundation ICCEFI to cover fees relating to the Certificate Course for 2021-22 whi15t negotiations on the purchase of the course licenses finalised. We are grateful to CCEF for their kindness in allowing us to use their course material for a much reduced fee going-forwards, and adapt it to suit a UK audience. Our belief is that this material will better equip people to give wise, biblical counsel to others in their local church. In the Autumn of 2023 BCUK will launch its new website and branding, which we pray will enable users to more easily identify us, and access our resources and training. This will Integrate with our new CRM bringing efficiencies to our workflows. The cost of the new website and branding is reflected in Support Costs and accounts for the increase on prior year. Reserve5 The reserves that have accumulated at year-end will be used to fund the increased staff costs whilst a growing donor base is established and hopefully applications to grant-fundinE bodies are successful. The significantly reduced fee for Certificate Course material from CCEF will also help us to achieve financial sustainability over the coming years.'A proportion of our capital is held back in line with our resewes pollcy. Grant Making Policies BCUK'S Church-based Intern Scheme seeks to assist churches who want to develop a biblical counselling approach to ministry. Where a local church ha5 identified an individual with training and gifting in biblical counselling, this scheme provides a framework to support that person's development and the development of their ministrv. All the grants and other assistar*ce provided as part of the Internship Scheme are awarded on an objective basis in accordance with the criteria detailed in the application form and accompanying leaflet which is found on the BCUK website. This include5. but is not limited to, the appllcanvs
previous relevant training and experience, and how the local church intends to use the applicant to develop a biblical counselling approach to ministry. The David Powlison Memorial Grant scheme which, twice a year, offers a small lup to £2,5001 studv grant to an indivldual who has completed the certificate course, is active in biblical counselling ministry and who wishes to undertake advanced study in fields that will promote thought leadership within the UK. Governance and ManaEÈment Tmstees From I September 2022 to the time at which these accounts were approved the following people served as Trustees of Biblical Counselling UK.. Mike Warren (Chairl Allan Beckett Katherine Cornes Joanna Jackson Sally Orwin Lee Fred Paton (Treasurer) Abigail Richardson lappointed 22 November 20221 Christine Robinson Roxana Stanciu Tarita Smallwood served as Secretary during the year. She is a staff member of 8CUK and not a Trustee. NÈW Trustees must be appointed by a resolution passed at a properly convened meeting of the charity trustees. Individua15 selected for appointment as charity trustees, will be required to have the skills, knowledge and experience needed for the effective administrètion of the charity. They are appointed for 3 years in the first instance. There is no limit on the number of time5 they may be reappointed as a Trustee but a review is undertaken by the Board after 9 consecutive years to determine whether reappointment is in the best interest5 of the charity. The Trustees delegate the day-to-day management of the charity to the Executive Director, Steve Midglev. Plans for Future Periods The certificate course that we offer is central to the way we support churches and help them improve the pastoral care they provide to their congregations and communities. In the coming year5 we will be revising several of our exlsting modules and writing some entirely new courses to provide more introductory material and to extend the range of issues our courses address. We also intend to open 2-3 new regional training centre5 in September 2024. In March 2023, we published a book focussing on Mental Health and the Church. It has generated considerable interest and we have plans for further church-based training over the coming year. 2023-24 will also see the launch of our new website with an increase in the range of information and resources available.
The residential conference in 2024 will focus on the issue of loss- not only addressing bereavement but also other ways that people experience105s in their lives. New resources specific to the conference theme will be made available. A new addition for 2024 will be three regional conferences to supplement the main national residential conference. Regular'roundtable, consultations will continue twice a year. These Serve as a forum where pastoral provision is discussed and serve as a stimulus to the creatlon of future resoLtrces and training. Rev'd Mike Warren Chair Date..
BIBLICAL COUNSELLING UK INDEPENDENT EXAMINER'S REPORT Independent Examiner's Report to the Trustees of BIBLICAL COUNSELLING UK I report to the charity trustees on my examination of the accounts of the tharity for the year ended 31 August 2023. Responsibilitle5 and bas15 of report As the charitvs trustees you ère responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent examiner's statemènt Slnce the charity's gross income exceeded £250,000 your examiner must be a member of a body Ilsted in section 145 of the Act. I confirrn that l am qualified to undertake the examination because l am a member of The Institute of Chartered Accountants in England and Wale5. I have completed my eKamination. I confirm that no materlal matters have come to frty attentlon in connection with the examlnation giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the Acl; or the accounts do not accord with those records,. or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities IActounts and Reports) Regulation5 2008 other than any requirement that the account5 give 8'true and fairview, which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matter5 in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. NJ Hedger BFP FCA cfA Choter All¢yn LLP 7 Quy Court Colliers Lone Stow-cum-Quy Combridgeshire Cb25 9AU Date.. 16 November 2023
BIBLICAL COUNSELLING UK STATEMENT OF FINANCIALACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2023 Note Unrestrlcted Funds Restrlcted Total Funds 2022-23 Total 2021-22 Income Donations and legacies Charitable activity Advancement of Christian gospel Investment Income 138.315 63.617 201,932 398,186 403,202 24 403,202 44 406,367 Total Income 541,541 63,617 605,158 804.561 Expenditure Charitable activity Advancement of Christlan Eospel Fundraising Total Expenditure 523,047 8,068 531,115 149,372 672,419 8,068 149,372 680,487 420,556 5,367 425,913 Net Income/{Expendlturel IOA25 {85,7551 175,300) 378.638 Total Funds Brought Forward Total Funds Carrled Forward 532,340 542,766 85,755 618,095 542,766 239,457 618,095 Income and expenditure is derived solely from continuing operations. io
BIBLICAL COUNSELLING UK BALANCE SHEET AS AT 31 AUGUST 2023 2023 2022 Note Current Assets Oebtors Cash at Bank and In Hand 39,285 607,726 647,011 27,280 698,047 725,327 Current Liabilities Creditors Due Within One Year 104,245 107,232 NET CURRENT ASSETS 542,766 618,095 TOTAL ASSETS LESS CURRENT LIABILITIES 542,766 618,095 NET ASSETS 542,766 618,095 FUNDS Unrestricted Restricted li 542,766 532,340 85,755 618.095 542.766 Approved by the Tru5tee5 on and signed on its behalf bv.. Rev'd Mike Warren Ichalrl li
BIBLICAL COUNSELLING UK STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2023 2023 20?2 Note Cash flow5 from operatinE adlvltles Net cash provided by lused in) operating activities 13 190,3211 378,018 Change In cash and cash equivalent5 in the reporting period 14 190,3211 378,018 Cash and cash equivalents at the beglnnlng of the reportlng period 698,047 320,029 Cash and cash equivalents at the end of the reportlng perlod 607.726 698,047 12
BIBLICAL COUNSELLING UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 I BASIS OF ACCOUNTING The financial statements have been prepared under the historical cost convention The charity constitutes a public benetit entitv as defined by FRS 102 The firbar)cial statements have been prepared in accordance with Accounting and Reporting by Charities Statement of Recommended Practice applicable to charities preparing their accounts In accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 102 the Charities Act 2011 the Companies Act 2006 and UK Generally Accepted Accounting Practice. 2 STATEMENT OF ACCOUNTING POLICIES The accounts have been prepared using the accruals basis of accounting. The accounts present a true and fair view and the accounting policies adopted are those outlined below. No changes to accounting estimates have occurred in the reporting period and no material prior year errors have been identified. The Trustees consider that the adoption of the golng concern basis continues to be appropriate in light of= the Significant cash reserves,. and, the fact that the Certificate Course expenses are highly correlated with course income and are funded through advance payment by course participants. 2.1 INCOME Recognition of Income These are included in the Statemer)t of Financial Activlties ISOFAI when- the charity becomes entitled to the re50urces,' it is more likely thall not that the trustees will receive the resources,. and the monetary value can be measured with sufficient reliability. Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. Grants and donations Grants and donations are only included in the SOFA when the general income recognition criteria are met15.10 to 5.12 FRS 102 SORPI. Donations and honorariums are reported gross and any related payment processin8 Costs are reported in expenditure. Donations receivable for the general purposes of the charity are credited to Unrestricted Funds. Donations for purposes restricted by the wishes of the donor are taken to Restricted Funds where these wishes are legally binding on the Trustees of 8iblical Counselling UK. Royalties from book sales that are given dlrectly to BCUK from the publisher, on the instruction of the authorlsl, are treated as donations receivable. 13
In the case of performante related grants, income is only recognised to the extent that the charity has provided the speclfied goods or services as entitlement to the grant only occurs when the performance related conditions are met15.16 FRS 102 SORPI. Tax reclaims on donatlons and gifts Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation 15 corisidered to be part of that gift and 15 treated as an addition to the same fund as the Inltlal donation unless the donor or the terms of the appeal have specified otheiwise. Support costs The charity has incurred expenditure on support costs. Investment income This is income from interest and is included in the accounts when receipt is probably and the amount receivable can be measured reliably. 2.2 EXPENDITURE AND LIABILITIES Liablllty recognltlon Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Fundraising cost5 Expenditure on raising funds includes all expenditure incurred by the charlty to raise funds for its charitable purposes and includes the proportion of salary costs lallocated according to staff timel that relates to fundraising and development work. Governance and Support costs Support Costs have been allocated between governance costs and other sUPPOrt. Governance costs comprise all costs involving public accountability of the charity and it5 compliance with regulation and good practice. Grants with performance tonditlons Liabillties arising from legal or constructive obllgations that commlt the charity to expenditure are recognised in the accounts in full when all of the following criteria are met.. Obligation- a present legal or constructive obligation exists at the balance sheet date as a result of a past event. Probable- it is more likely than not that a transfer of economlc benefits, often cash, will be required in settlement. Mea5urement- the amount of the obligation can be measured or estimated reliablv. 14
Deferred Income Termly fees for the Certificate Course are received from students in advance and accounted for as a liability and shown on the balance sheet as deferred income. Deferred income is released to income in the reporting period in which the course takes place. Provisions for Liabilities A liability is measured on recognition at its historical tost and then subsequently measured at the best estlmate of the amount required to settle the obligation at the reporting date. 3 ANALYSIS OF INCOME Unrestrlcted Funds Restricted Funds Total 2022-23 Total 2021-22 Donations and legacies: Donations and gifts Grants Gift Aid 105,840 24,820 7,655 138,315 17,617 46,000 123,457 70,820 7,655 201,932 91,755 293,390 13,041 398,186 63,617 Charitable Activitie5: Certificate course Conferences/Honorariums Other income 264,596 135,700 2,906 403,202 264,596 135,700 2,906 403,202 287,234 118,533 600 406,367 Investment income: Interest 24 24 24 24 15
4 ANALYSIS OF EXPENDITURE Unrestrlcted Funds Restrlrted Funds Total 2022-23 Total 2021-22 Charitable Activities.. Certificate course Conferences Intern scheme- grants Intern scheme - other Staff expenditure Grants Other Support costs Fundraising 143,858 91,472 17,900 686 239,247 5,075 1,368 23,441 8,068 531,115 143,858 91,472 17,900 686 388,523 5,075 1,464 23,441 8,068 680,487 96,334 90,391 30,572 2,378 166,466 20,812 655 12,948 5.367 425.923 149,276 96 149,372 5 STAFF EXPENDITURE 2022-23 2021-22 Wage5 and salaries Social security costs Pension costs 330,910 23,561 33,092 387,563 144,489 6,114 15,271 165,874 There were eleven employees during the year12021-22'. seven). These costs are included in staff expenditure above in 2022-23. The difference between the staff expenditure analysed in this note and the total staff expenditure given in note 4 relates to.. al staff training, expenses and relocation costs not included in this note, and bl £7,686 of salary costs included above, but classified separately in note 4 as fundraising costs, as they relate to employee time spent orb fundraising and development work. 6 SUPPORT COSTS A breakdown of support costs showing the amount Spent on governante is detailed below: 2022-23 2021-22 Governance: Legal fees Committee meeting costs and training Independent examiners fee5 for reporting on the accounts Other support costs 858 4,692 780 16,762 23,441 783 600 11,565 12,948 16
7 GRANTMAKING BCUK partners with local churches in providing a grant to fund an 'lntern' for one year in the first instance. Following an annual review of proEress and receipt of a wrltten report from the Intern's mentor and local supervisor confirming their satisfactory participation in the Scheme, it is at the sole discretion of BCUK that the internship is extended for a second year, along with any associated grant. The David Powlison Memorial Grant scheme pald grants during the year to 3 individuals. Details of the grants made in 2022-23 are below.. 2022-23 Church Cornerstone Free Church Edinburgh Hope Community Church Cambridge 7,000 6,900 Individuals 5 Individual recipients 9,075 22,975 8 DEBTORS AND PREPAYMENT5 Amounts falling due within one year: 2022-23 2021-22 Atcounts receivable Gift aid recoverable Prepayments and accrued income loo 404 26,776 27,280 1,095 38,190 39,285 Prepayments of £15,073 relate to deposits paid to the venue where our annual conference will be held in March 2024 and 2025. 9 CREDITORS AND ACCRUAL5 Amounts falling due within one year.. 2022-23 2021-22 Accounts payable Accrua15 and deferred income Credit card provision Credit note provisiori PAYE payable 126 103,436 683 101,821 2,689 495 2,227 107,232 104,245 10 DEFERRED INCOME Termly fees for the Certlfitate Course are received from students in advance and accounted for as a liability and shown on the balance sheet as deferred income. Deferred income is released to income in the reporting period in which the course takes place. 17
Movement in deferred income account- 2022-23 2021-22 Balance at the start of the reporting period Amount5 added in current periods Amounts released to income from previous periods Balance at the end of the reporting period 96,812 99,289 196,8121 99,289 ICK),007 96,812 1100,0071 96,812 11 FUNDS Unrestrlcted 2022-23 Balance at I September 2022 Income Expenditure Transfer Itol/from Restricted Funds Balance at 31 AuEUSt 2023 532,340 541,541 1531,1151 542,766 Family Care Research Total Restricted 2022-23 Lauderdale Trust Balance at I September 2022 Income Expenditure Transfer Itol/from Unrestricted Funds Balance at 31 August 2023 83,884 46,000 1129,8841 1,871 17,617 119,4881 85,755 63,617 1149,3721 During the year the Lauderdale Trust kindly awarded £46,000. This grant is to help BCUK bring about a 'step change, in ministry activities through the Increase In senior staff time and adminlstrative support. £17,617 in donations was generously given in 2022-23 towards the salary of one of our staff members who was appointed for two years from I September 2021 to research into the support offered to Christian parents of fostered and adopted children. The research project concluded on 31 August 2023. The report offers insights for parent5lcarers of care-experience chlldren and their supporters, and makes recommendations for future research and practice. The report can be found on the BCUK website. 18
12 OUTSTANDING GUARANTEES AND DEBTS SECURED ON ASSETS The trustees confirm, in accordance with the Charitable Incorporated Organisations IGenerall Regulations 2012, that at year end the CIO did not have any outstanding guarantees to thirLI partie5 nor any debts secured on assets of the CIO. 13 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING AcfiviTES 2022-23 2021-22 Net incomellexpenditurel for the reporting period Adjustments for: Decreaselllncreasel in debtors IDecreasel/lncrease in creditors Net cash provided by (used inl operating activities 17S,3291 378,638 112,0051 12,9871 190,3211 11,2341 614 378,018 14 ANALYSIS OF CASH AND CASH EQUIVALENTS 2023 Cashflow 2022 Cash at bank and in hand 607,726 607,726 190,3211 190,3211 698,047 698,047 15 TRANSACTIOWS WITH TRUSTEES AND RELATED PARTIES During the year two of the trustees were paid for service5 provided to the charitv.. 2022-23 Sally Orwin Lee Joann3 Jackson 2,495 425 2,920 Payments to Sally were for teaching and tutoring services provided on the Certificate Course. Payment5 to Joanna were for speaking at the annual conference. Addltlonally, a trustee received reimbursement of expenses totalling £163 and a trustee received a discounted ticket pri for speaking at the annual conference totalling £215. The wife of Steve Midgley recelved payment for servlces amounting to £1,925 for her role as a recitation tutor during the year. Hi5 daijghter was also a recitation tutor during the year and received £925 as payment for services. During the year Christ Church Cambridge received a payment of £l.000 for room hire as one member of BCUK staff works at this location. The Executive Director, Steve Midgley, is employed part time by Christ Church Cambridge. When BCUK wishes to engage the seNices of any close relation of a trustee or the Executive Director in return *or payment, thls arrangement must be approved by the trustees to ensure It Is in the charity's interests. 19
16 COMPARATIVE5 FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted Funds Funds Total 2021-22 Inrome Donations and legacies Charitable activitv Advancement of Christian gospel Investment Income 287,856 110,330 398,186 406,367 406,367 Total Income 694,231 110,330 804,561 Expenditure Charitable activity Advancement of Christian gospel Fundraising 395,981 5,367 24,575 420,556 5,367 Total Expendlture 401,348 24,575 425,923 Net IncomellExpenditurel 292,883 85,755 378,638 Total Funds Brought Forward Total Funds Carried Forward 239,457 532,340 239,457 618,095 85,755 20