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|General<br>Information||page 2|
|---|---|---|
|Chairman<br>ofTrustees'|Report|page 3-4|
|Statement ofTrustees'|Responsibilities|page S|
|Independent<br>Examiner's<br>Report to the Trustees||page 6|
|Statement of Financial|Activities|page 7|
|Balance Sheet||page 8|
|Notes to the Financial|Statements|pages 9 -12|





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|STATEMENT OF FINANCIAL ACTIVITIES||||||
|---|---|---|---|---|---|
|For the year ended 31st December 2020||||||
||Note|Unrestricted|Funds|TOTAL|FUNDS|
|||Hospitality|General|2020|2019|
|||Ministries||||
|INCOMING<br>RESOURCES||||||
|Incoming<br>resources from donors|2(a)|27,677|101,595|129,272|200,002|
|Other voluntary<br>incoming<br>resources|2(b)|164,961|45,400|210,361|326,535|
|Income from charitable<br>and ancillary trading|2(c)|906|4,997|5,903|13,521|
|Other ordinary<br>incoming<br>resources||||||
|Income from investments|2(d)||3,563|3,563|3,201|
|TOTAL INCOMING<br>RESOURCES||193,544|155,555|349,099|543,259|
|RESOURCES USED||||||
|Grants|3(a)|||||
|Activities directly relating to the work ofthe mission|3(b)|206,232|59,189|265,420|302,772|
|Management<br>and administration|3(c)|15,691|45,751|61,442|65,038|
|TOTAL RESOURCES USED||221,923|104,939|326,862|367,810|
|NET INCOMING<br>(OUTGOING)<br>RESOURCES||(28,379)|50,616|22,237|175,449|
|OTHER RECOGNISED GAINS & LOSSES||||||
|Unrealised<br>gains (losses) on sales offixed assets||||||
|Realised gains (losses) on sales offixed assets||||||
|Realised gains (losses) on sales of investments||||||
|Unrealised<br>gains (losses) on investments|||4,734|4,734|9,040|
|NET MOVEMENT<br>IN FUNDS||(28,379)|55,349|26,970|184,489|
|Transfer between<br>funds||105,993|(105,993)|||
|Balances brought<br>forward at 1stJanuary||(77,614)|642,290|564,676|380,187|
|BALANCES CARRIED FORWARD AT 31STDECEMBER 2020||0|591,646|591,646|564,676|





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|BALANCE SHEET|BALANCE SHEET||||
|---|---|---|---|---|
|as at 31st December|2020||||
|||Note|2020|2019|
||||E|f|
|Fixed Assets|||||
|Tangible<br>Fixed Assets|||230,000|230,493|
|Investments|||100,040|95,307|
|Total Fixed Assets|||330,040|325,800|
|Current Assets|||||
|Debtors|||||
|Short term deposits|||200,195|139,632|
|Cash at bank and in|hand||61,411|99,245|
|Total Current Assets|||261,606|238,876|
|Liabilities: amounts|falling due within one year||||
|NET CURRENT ASSETS|||261,606|238,876|
|NET ASSETS|||591,646|564,676|
|FUNDS|||||
|Unrestricted|||587,313|551,388|
|Restricted|||4,333|13,288|
|Total Funds|||591,646|564,676|



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|NO|TES TO THE FI|NANCIAL STATEMENTS (Cont|NANCIAL STATEMENTS (Cont|jnue|d)|||||
|---|---|---|---|---|---|---|---|---|---|
|For|the year ended 31st|December 2020||||||||
||||||Note|Unrestricted|Funds|TOTAL|FUNDS|
|||||||Hospitality|General|2020|2019|
|||||||Ministries||||
|||||||||6|E|
|2|INCOMING<br>RESOURCES|||||||||
|a|Incoming resources from donors|||||||||
||Subscriptlons<br>and|Donations||||27,677|101,595|129,272|200,002|
|b|Other voluntary<br>incoming<br>resources|||||||||
||Grants|||||164,961|10,400|175,361|325,149|
||Appeals|||||||||
||Legacies||||||35,000|35,000|1,386|
|||||||164,961|45,400|210,361|326,535|
|c|Income from charitable||and ancillary trading|||||||
||Rental Income|||||826|1,284|2,110|7,654|
||Sundry income|||||80|3,713|3,793|5,867|
|||||||906|4,997|5,903|13,521|
|d|Income from Investments|||||||||
||Interest<br>&dividends<br>received Unrestricted||||||3,563|3,563|3,201|
|3|RESOURCES USED|||||||||
|a|Grants|||||||||
||Missionary<br>&Charitable||giving|||||||
|b|Activities directly|relating tothe work ofthe mission||||||||
||Project Staff costs|||4||180,807|42,112|222,919|227,992|
||Project Resources|||||7,295|1,636|8,931|17,070|
||Project Literature|& Publicity||||3,423|3,535|6,959|4,213|
||Project Travel|||||488|548|1,035|2,398|
||Property expenses|&depreciation||||11,453|8,098|19,551|45,233|
||Insurance|||||2,767|2,767|5,534|5,742|
||Depreciation||||||493|493|123|
||Miscellaneous|||||||||
|||||||206,232|59,189|265,420|302,773|
|c|Management<br>and|administmtlon||||||||
||Administration<br>Salaries|||||11,210|26,156|37,366|40,508|
||Administrative<br>costs|||||4,481|15,476|19,957|22,253|
||Pensions<br>payable to former staff||||||536|536|536|
||Independent<br>Examiner||||||600|600||
||Legal & Professional||||||2,982|2,982|1,740|
|||||||15,691|45,751|61,442|65,038|





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|For the year ended 3|1st December 2020|||||||
|---|---|---|---|---|---|---|---|
||||Unrestricted|Funds|TOTAL|FUNDS||
||||Hospitality|General|2020|2019||
||||Ministries|||||
||||f|f||||
|4<br>STAFF COSTS||||||||
|Mission Staff Salaries|||161,213|36,517|197,730|205,021||
|Employers<br>NIC|||6,705|1,950|8,655|8,490||
|Training costs|||1,368|554|1,922||912|
|Pension<br>Fund Contributions|||11,520|3,092|14,612|13,569||
||Mission StaffCasts||180,807|42,112|222,919|227,991||
|Administrative<br>Salaries|||9,867|23,023|32,890|35,983||
|Employers<br>NIC|||490|1,144|1,635|1,543||
|Pension<br>Fund Contributions|||852|1,989|2,841|2,982||
||||11,210|26,156|37366|40|508|
|Pensions to former|staff|||536|536||536|
||||192,016|68,805|260,821|269,035||
|No employee<br>earned f40,000p.a.or more||||||||
|The average number ofemployees<br>analysed||by function was||||||
|Mission staff|||||||12|
|Administrative<br>staff|||||||5|
||||||||17|
|5<br>FIXEDASSETS|||Freehold<br>land|Equipment||||
||||and buildings|&Furniture|TOTAL|||
||||f||E|||
|Tangible Fixed Assets||||||||
|Cost (or valuation)|at 1stJanuary 2020||230,000|4,572|234,572|||
|Additions||||||||
|Disposals||||||||
|Revaluation||||||||
|Cost (or valuation)|at 31stDecember 2020||230,000|4,572|234,572|||
|Depreciation<br>at 1st|January 2020|||4,079|4,079|||
|Charge for the year||||493|493|||
|Charge on disposal||||||||
|Depredation<br>at 31st December 2020||||4,572|4,572|||
|Net book value as at 31st December 2020|||230,000||230,000|||
|Net book value as at 31st December 2019|||230,000|493|230,493|||





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|6<br>INVESTMENTS||||||||||
|---|---|---|---|---|---|---|---|---|---|
||||Market value|Additions|&|Change|in|Market val||
||||31Dec '19|(Disposals)||Value||31|Dec '20|
||||E|f||6|||E|
|COIF Shares|||95,307|||4,734|||100,040|
||||95,307|||4,734|||100,040|
|||||||2020||2019||
|7<br>DEBTORS||||||E|||E|
|Income tax recoverable||||||||||
|Prepayments||||||||||
|8<br>LIABILITIES:AMOUNTS||FALLING DUE WITHIN ONE YEAR||||||||
|Accruals||||||||||
|||||||TOTALFUNDS||||
||||Funds|||2020||2019||
||||E|||E|||E|
|9<br>FUNDS||||||||||
|Analysis ofnet assets by fund||||||||||
|Tangible<br>Fixed Assets|||230,000|||230,000|||230,493|
|Investments|||100,040|||100,040|||95,307|
|Current Assets|||261,606|||261,606|||238,877|
|Liabilities; amounts|falling due within one year|||||||||
||||591,646|||591,646|||564,676|
|The funds are made up as||follows:||||||||
|Hospitality<br>Ministries|||0|||||0|(77,614)|
|General fund|||591,646|||591,646|||642,290|
||||591,646|||591,646|||564,676|