||Page|| |---|---|---| |Report ofthe Trustees|1 to|4| |Independent
Examiner's Report||| |Statement of Financial Activities||| |Balance Sheet|7 to|8| |Notes to the Financial Statements|9 to|14| |Detailed Statement of Financial Activities|15 to|16| ## ## ## ## ## ## ## |Registered office|||| |---|---|---|---| |V/ayside|||| |Church Lane|||| |Lower Moor|||| |Pershore|||| |VJorcestershire|||| |V/R10 2Pi|||| |Tr'ustees|||| |G V/orden|||| |H Leighton
Rev D Bolton {resigned 7.11.22)
P Bishop {resigned 7.11.22)
T Sanders {resigned 7.11.22)
N Durden {appointed 7.11.22)
D Njoroge {appointed 7.11.22)|||| |Mi Getley|||| |Company Secretary|||| |H Holmes|||| |Independent
Examiner|||| |Garbetts {IGW) Limited|||| |Exchange House|||| |St Cross Lane|||| |Newport|||| |Isle of V/lght|||| |PO30 58Z
The trustees present their|report with the financial statements
.and signed on its behalf by:|ofthe charity for the year ended 31December|2022.| ## |||||||2022|2021| |---|---|---|---|---|---|---|---| |||||Unrestricted|Endowment|Total|Total| ||||Notes|fund
E|fund
E|funds
E|funcls
f| |INCOME AND ENDOWMENTS
Donations
and legacies||FROM||159,123||159,123|65,006| |Investment
income||||1,000||1,000|| |Total||||160,123||160,123|65,494| |EXPENDITURE ON|||||||| |Charita ble activities
Advancing
the Gospel|ofJesus|Christ||68,318||68,318|74,124| |Other||||770||770|1,026| |Total||||69,088||69,088|75,150| |Net gains/(losses)
on|investments||||(2,189)|(2,189)|2,338| |NET INCOME/(EXPENDITURE)||||91,035|(2,189)|88,846|(7,318)| |RECONCILIATION
OF FUNDS
Total funds brought
forward||||298,776|18,825|317,601|324,919| |TOTAL FUNDS CARRIED FORWARD||||389,811|16,636|406,447|317,601| ## |||||2022|2021| |---|---|---|---|---|---| |||Unrestricted|Endowment|Total|Total| |||fund|fund|funds|funds| ||Notes|E|E|E|E| |FIXEDASSETS
Tangible assets
Investments||2,309|16,636|2,309
16,636|3,079
18,825| |||2,309|16,636|18,945|21,904| |CURRENT ASSETS
Debtors
Cash at bank||203,148
186,039||203,148
186,039|203,612
95,222| |||389,187||389,187|298,834| |CREDITORS
Amounts
falling due within one year||(1,685)||(1,685)|(3,137)| |NET CURRENT ASSETS||387,502||387,502|295,697| |TOTAL ASSETS LESS CURRENT LIABILITIES||389,811|16,636|406,447|317,601| |NET ASSETS||389,811|16,636|406,447|317,601| |FUNDS
Unrestricted
funds
Endowment
funds|10|||389,811
16,636|298,776
18,825| |TOTAL FUNDS||||406,447|317,601| ## ## ## ## ## ## ## ## ||||| |---|---|---|---| |INVESTMENT INCOME||2022|2021| |||f|E| |Deposit account interest||1,000|488| |NET INCOME/(EXPENDITURE)|||| |Net income/(expenditure)|is stated after charging/(crediting):||| |||2022|2021| |||E|E| |Depreciation
—owned assets||770|1,026| ## ## ## ## |OMPARA|IVES||Unrestricted|Endowment|Total| |---|---|---|---|---|---| ||||fund|fund|funds| ||||E|E|E| |INCOME AND ENDOWMENTS
Donations
and legacies||FROM|65,006||65,006| |Investment|income||488||488| |Total|||65,494||65,494| |EXPENDITURE ON|||||| |Charitable
Advancing|activities
the Gospel ofJesus|Christ|74,124||74,124| |Other|||1,026||1,026| |Total|||75,150||75,150| |Net gains|on investments|||2,338|2,338| |NET INCOME/(EXPENDITURE)|||(9,656)|2,338|(7,318)| ||COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES -continued
Unrestricted|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES -continued
Unrestricted|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES -continued
Unrestricted|Endowment|Total| |---|---|---|---|---|---| ||||fund
f|fund
f|funds
f| ||RECONCILIATION
OF FUNDS
Total funds brought forward||308,432|16,487|324,919| ||TOTAL FUNDS CARRIED FORWARD||298,776|18,825|317,601| |6.|TANGIBLE FIXED ASSETS||||Plant and| ||||||machinery| ||||||f| ||COST
At 1January 2022 and 31December 2022||||9,729| ||DEPRECIATION
At 1January 2022||||6,650
770| ||Charge for year||||| ||At 31December 2022||||7,420| ||NET BOOK VALUE||||2,309| ||At 31 December 2022||||| ||At 31 December 2021||||3,079| |7.|FIXEDASSET INVESTMENTS|||2022|2021| |||||f|f| ||Other|||16,636|18,825| ||There were no investment|assets outside the UK.|||| ||Investments
(neither listed|nor unlisted) were as follows:|||| |||||2022|2021| |||||f|f.| ||COIF Investment
fund|||16,636|18,825| |8.|DEBTORS: AMOUNTS|FALLING DUE|FALLING DUE|WITHIN ONE YEAR|||2022|2021| |---|---|---|---|---|---|---|---|---| ||||||||f|'f| ||Gift aid reclaimable
Other debtors||||||4,148
199,000|4,612
199,000| ||||||||203,148|203,612| |9.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||||2022|2021| ||||||||f|f| ||Accrued expenses||||||1,685|3,137| |10.|MOVEMENT
IN FUNDS||||||Net|| ||||||||movement|At| |||||||At 1.1.22
f|&n funds
f|31.12.22
f| ||Unrestricted
funds
General fund|||||298,776|91,035|389,811| ||Endowment
funds
Endowment
fund|||||18,825|(2,189)|16,636| ||TOTAL FUNDS|||||317,601|88,846|406,447| ||Net movement
in funds, included|||in the above are as|follows:|||| |||||Incoming
resources
f||Resources
expended
f|Gains and
losses
f|Movement
in funds| ||Unrestricted
funds
General fund|||160,123||(69,088)||91,035| ||Endowment
funds
Endowment
fund||||||(2,189)|(2,189}| ||TOTAL FUNDS|||160,123||(69,088)|(2,189)|88,846| ## ## |Comparatives|for movement
in funds|||| |---|---|---|---|---| ||||Net|| ||||movement|At| |||At 1.1.21|in funds|31.12.21| |||f||| |Unrestricted
General fund|funds|308,432|(9,656)|298,776| |Endowment
Endowment|funds
fund|16,487|2,338|18,825| |TOTAL FUNDS||324,919|(7,318)|317,601| |Comparative|net movement
in fund|s, included
in the above are|as follows:||| |---|---|---|---|---|---| |||incoming
resources
f|Resources
expended
f|Gains and
losses
f|Movement
in funds| |Unrestricted
General
fund|funds|65,494|(75,150)||(9,656)| |Endowment
Endowment|funds
fund|||2,338|2,338| |TOTALFUN|S|65,494|(75,150)|2,338|(7,318)| |A current yea|r 12months
and prior year 12|months combined
position is as follo|ws:|| |---|---|---|---|---| ||||Net|| ||||movement|At| |||At 1.1.21
f|in funds|31.12.22
f| |Unrestricted
General fund|funds|308,432|81,379|389,811| |Endowment
Endowment|funds
fund|16,487|149|16,636| |TOTAL FUNDS||324,919|81,528|406,447| ## |are as follows|:|||||| |---|---|---|---|---|---|---| |||Incoming
resources
E|Resources
expended
f|Gains and
losses
E||Movement
in funds
f| |Unrestricted
General fund|funds|225,617|(144,238)|||81,379| |Endowment|funds||||149|149| |Endowment|fund|||||| |TOTAL FUNDS||225,617|(144,238)||149|81,528| ## |||2022|2021| |---|---|---|---| ||||E| |INCOME AND ENDOWMENTS|||| |Donations
and legacies||140,374|47,834| |Gifts
Gift aid||6,944|12,371
20| |Sales of non-assets
Building fund - Romania
Conference fee income||3,742
7,852
211|4,411
370| |Misc income|||| |||159,123|65,006| |Investment
income
Deposit account interest||1,000|488| |Total incoming resources||160,123|65,494| |EXPENDITURE|||| |Charitable
activities
Insurance
Postage and stationery||1,418
930|1,398
2,118
71| |Advertising||390|| |Sundries
Consultancy
fees
General Secretary fees||35,388
3,000|38,290
3,000
3,125| |Motor costs
Conference 8 transport
Mission overseas
Travel 5 subsistence
Grants to other OACs|GB|8,185
2,839
514
4,914|5,081
6,650
305
4,439
750| |Gifts made||228|435| |Subscriptions||875|| |Training grants
Other grants||4,125|3,236| |||62,806|68,898| |Other||770|1,026| |Plant and machinery|||| |Support costs|||| |Finance||232|219| |Bank charges|||| ## ||||2022|2021| |---|---|---|---|---| ||||E|E| |Finance||||| |Governance
costs
Accountancy
costs|||1,662
375|1,482
535| |Charity admin costs
National
account manager fees|||3,243|2,990| ||||5,280|5,007| |Total resources expended|||69,088|75,150| |Net income/(expenditure)
losses||before gains and|91,035|(9,656)| |Realised recognised|gains|and losses||| |Realised gains/(losses)
investments|on|fixed asset|(2,189)|2,338| |Net income/(expenditure)|||88,846|(7,318)|