Cliarit), Retsistrmtton No. 1189461 The El'angelical Felloivship in the Anglican Communion (EFAC) Annual Report aDd Financial Statements 31 December 2023
The Evangelical Felloiyship in the Anglican Conjmunion .4nnuxl report and financiAI Statements 2023 Contents Page Trust¢es' report IBd¢pett4leiit ciamlner's report Siat¢ment or ring¢[#1 JcliviÉie5 Balllnee sheet Cgsh t701%' statetn¢ni 'ote5 to tlie attount5
The Ei'angelical f4ellowship in the Anglican Communion Ti'ustccs, rcporl 31. Decembei- 21)23 Objt¢l Tlie obj¢ci of The Evdllgeliol Felloil-sliip 111 Llie Aiiglican Conimunion I'EF.4C' or'th¢ charit) ) is to luriher Constitutiojj ni*0 alins EFAC %va5 Tegi5Èered as p churiry on 12 Noveinber 196? a5 all unincorpoTated asso¢iaiion goveTnLd by a EFAC ivas re-regisiered a5 a charitable incorporated OanISlI0n (-cro'i iyiih Ihe Cliaril}, Cornmisslon on l) Ma!, ?O?O Iie£istr&iioii Duinber 11894611. Trit 8sseis, liabiliiies aiid ociivi(ie.% of F.FAC {reoistered charilv nuThbcr l?i141 %vLrn Ir<in51crrLd ro Ihc CIO 1117 cneci Iroiii J l Dicember ?O?O. EfAC Ircgi51trcd cliarii}' niJmb¢r ? l ?i141 Il'as l-tiiioi'ed fiom Ilie Chai'iry Comniission regisier during ?0?? C51ablished in 1961 by Ilic lil (e Revd DF lohii Sivii CBE, soiiieiiii?e Recicir or All Suul s LaTihatn Placc. Lon(Ton. ClTraplaiD 10 14M ThL QIiLen and leadiiig evangelical IliLologian. Ihi purpose or £rAC ivds. and ANolican CDnTrinuiiion. EFAC'S aims resi on tlie conviction that a %trang biblical ii'iitiCS5 15 esscniial for rhe life and heallli of the A5101i¢an Coniniunion. Iviihin the wider conte.xi of seeliing first God'5 kinoLtom and the buildino up of His people. Mie cliarity's airn5, ak sei oul in ils Coiisiiiulioi), dre as follo'S.. 10 pronioie trie Cjospel of our Lord Jesus Clirisl Ihrougli upllolding tlie Sup me duthori, of Sciiprure irj niaiTers of boili fdiili I51d coDducl Ihroughoul Il?t Aiiolican Cuminiiiiion dt everv lek-el of ils life aiid wilnc5S; 10 S(and wilh rncinbers of ihe AnDlicaii CoiiiniuiiioD iry coiniiiiiiiitnl 10 biblical obcditnc= particul¢irl in Ilie clreas of Cki'isiian discipleship. servani leadei-#liip. faTihful conduct. cliiirch rEncM'al. and migsion in Ihe ivorld.. of life, eswciallj bi,. takinu counsel tooeiher OTr iinporL•nL l?sues, and articulatiiio riospel ds[lncties in rhe areas of faiih. ol'der, life and rnission by publicaiions and oihcr Diedia. Public beiiefil Thc TTU51eLS recottnise iheir responsibilitie< loiiiar pu,blic benefit linder rhe requirements of the Ch8TiIit5 Ac4 O I l and liavt had iegard 10 Ilie guidiiiice froin Ili¥ CliJriis Comtiiissioii oil public benefit. Th- frusiees bLlIti'c its vision ol-a ITansfoThned and peace-filled i¥'oild ana tlie flourishing of Iiliinaiikind undei. Gad. to seri'¢ God and lov- their neighbour5. To th15 end. EFAC Éldvaiic-s Ilie Chrisii&ili relinion by enabling and supporting biblicallv faitliful (Lllo%i ship. ieacliing and Mission Ihrou&ihour the Anglieai) Cunimunion. Goi'e1-nl nce and orgaiii5alion Trusioe.¥ Tlie ¢liJrily ha5 3 boÉird of tr1151ee5 iiplii¢h e115ures thai li) th¢ cliariry 1% caryir,g out ili PIITP05e$ ior Ili¢ public benefii In accordaD¢e w'ith ils C0115tiiution, lill tlie cliaYiN is ID. eoiilpliance M'ith the cop.siiiiiiioll aDd UK chariry laiv, (i.,.) tlie Cliaiity's assets and resources are appropriaiely safegu8rded and only Uied ro support or Gany out EFAL-"s piirpo5e$, and lil,) Ilitre is approptiait oversiglil and aLLUiiIILabilini of st8fland comtniiiees ii'iihin EFAC T¢gi1rdiiiu Ih¢ir mana£emenl, activiiics and decisioiis.
The F,vangelieal Felloivship in the Angliean Communion Trusiecs, I'epoi-t 31 Decen?ber 2023 Croveriiaiicc organESdtioTr (conrdl During )0?) and ED Ihe daic of Iliis repon. Ihe Ti'usiees of EFAC i4'ere as tolloivs.. 1<1 Revd IKcirli Sinclaii- Ichairl foJ'RJisi'lJ, Ilisliop ofBii'kg&ik&'ii£l Ann'_io-day rnanaoemeni of ÈFAC'i4 affai. as delegated io li by Ilic Tius1¢¢5 ond Ib.c Council. Tlie Executiv¢ C.oniniitlee COT15151S oftlie officcri aiiwini¢d b} Ilie Coiincil. Lunipribing a Prcsident. an EKccu(ie Coininiiicc Lliaim)an. a Gentral %b¢fL>tary'. a Trcasurer and up Io 5.'X iiirfividiil£ Is repre%eniinp far po%siblc. .4nnlican evanoelic11s in all retiion% of the ii'orld. 5 at i l December 20?3, Ilic Executive Coinliiitiet compi'is¥d the lolloii'iiig.. Ri Red SicphLlI Halc (Llidirl f¢JJ'iJiei.li.' Bi.¥liop (fj Ilie Fo.¥lLJiit RegioiT. Illelbntij'iie. AiisÉi'uliil i Rewd Sell) Ndayiruki}'L Ri Rei'd Saiiiuel Ejtofor Rr Revd l-leniN Scriven BiJ"hop ofAsiiL71a. Al:. Ri Revd Keith Sinclair Siephen HofRie!'r kc Ivrtllolliil DirecKor. CEEL,. fwiiiei'lv BiJhup uf LlirkcyFliid, bK .S¥cr¥taJ-i-'
I'he Eirangelical f4ellowship in the Anglic2n Co(nniunion Ti'usteos, I'epnrt 3 1" Deceml)et' 2n23 Goverijaihce alsd oi'gAiJi5Jtioii {coiitdl Bisliop Hcnr¥' Scriven iN'a5 appoinlcd as Genci'al Secretary of EfAC durinn ?019. Bishop HenTh- iva5 ordaincd in 1975 and. afiLr Pdrisli min15try' Englaiid gnd ii-.oi'k'inu a5 d Illlsiion wrtner in ArgentTna and Spatn. IIL se1..¢d as Suffr4gaii Bi51i1)p in Eurupi and Assislani Bisliop in Ilie Episcopal Diocesc ()r ptiisburgli. He y¢rved Lic lin Amei ica Mission Dirccloi- for Ilic Cliuicli Miisioll Sc>cielv itnd oli Ill boards orscr(i1 uiher Cliiisiian grDaniialions -Iiili*i C.amtron ivas appoinlcd as F.FAC's Dirccior nf Publisliinp dLifi518 7019 Juliil brinns oi'ci ?) Jears or Key 4lCtsNilics and outeomc5 F.FAC.%cck.s, Ihroiithli Ili 101] felloivship%, (Trrn 1¢ nd re%ources. ro equip ev¢intrrlital Annlicaiis ID proinotE th.e n05pel <11 ei'erj, I¢vci lo¢allv globally. and 10 build upon the i I4aik'i of Mission the Aiiftlican CoTriniunioTI-. To proclaiiii Ilik Good N'eiv5 of IhE Kinndiji To leach. baptise aiid nurlul-e iieii. btlieveTS To r-spond to liuinan need bi, ILTrving 5cI'%'ice To tra115FoiTh unjust siructure5 of 50CiCty, io Cla11017(pc i'iolence ofei'ery kind aiid pursue pcacc To SErive 10 safe¥L12E r(5 Ilie inie?rirJ' of creaiion lind Suitain and reneii- rhe life ol-llic eartli. l jiJJiié& di1r18 ?n-.3 Folloii, up froiTi ihB Lambeih Corifcrcncc ?0?2 in pa.:ticulai- prepdrino for EFAC'S presLncc ai the G,IFCOFi %tru¢turc and tiind oijr opcrat10115 thai i¥'e are in a posi110n 10 1tr5pon(I favorabl!, t¢) ilic5¢ reques15. In addiiioD t¢ ii'orkinuj i}itli liFIFCON Ihe bFAC Ic(ITn. incliidiTru 8i5hop.R keitli Sinclair. Sieplien Halc and Heiii)- ScriK'eTh. contiIiu¢d adoise Ili¢ Global Souili Felloiiiliip ofAiiglican ChLirchcb iGSFAI ii'iili special rocus oli piepdf&LiOn for IliL isi GsfA Assemblv iii Eg}'pi iii Jiine ?0:.4. WL. hJwe coiiiis1l 10 up(tOlk our mailingF list in Ol-der lo b¢iiei' folloii. up eipr¥ssions of inieresT in cstsblishih local EFAC vYoup5 in Illalaivi. ZinibDbii--e. Mll d¢igras¢ai Tid re-tsiablisli IfAC iii uanda aiid o)IliLr placÈ5. Odr coll8bor4Tr1ion ii-lih GAfcoN and GSFA is ongoinip _% i.licv seek. lo serve Ihc orthLido.x province.s And diDCL5e5 in LfAC parfT¢lllarl}' soiittht 10 SUPPOrt GAFCON and Globgl Soiith bishop5 and 10 help rhcir i'oiccs be heard and li¢lped 10 ensure rljai Resolution 1.10 passed ai l.arr.berli 1998 ¢OT)Liiiue5 lis the otfitial ieachin<p ot the Coinmuniun Diii'jiift fjO?i EFAC lias LUDiinu¢d lo ivurk. on Ilie objecrives tor tlic neNr four vears as folloivs.. I'o e51ablTsh neiv EFAC felloiYship5 in 10 ai'cas To pi'oinote cros5-ner¥i'orking ainoiioqi c.Kisiin8 EF,IC groups To Trdtntifv and draii looctliLr FFAC )'ouil) globallv Tts facilitate gailiei'ing% of EFAC rhcolooians. IliroLJsli ihc TRN To support those %4.hose TIL 111iful Clirisii41n profe.5Sion is linder thi-eai To use all ai'ailable Inedia io facililate Ilie aboi'e
The Evangelical fielloii'ship in tlie Anglican Commullion
Ti'ustees. rcport
31sT ])ecembcr 2023
In particuldf d key focu5 foi ?O?i and ?0?4 ivas IliL preparalion of in EF,IC con5ulialion on 15, :16 Jiine ?0?4
in Cairo folloivii)¢ on (roin die GsfA Asseinblv iviih menibcrs of Ilic F.Kecutivc CDIMmittee and polelIa1
paitiJers iiirluding SOMA (Sharing of fvlini5try Abroad). BLIILD (Biblical Undersrandinn for In-service
oITcaii Lead¢rsl)ip InstEwiel and oiher>.
LcadcTship Developmenrl.. Al.1 (An.
Tlidve kejy ucin'iiies o17douicoA)Te5 l'eiiiaiii afocii.i'fni' ERAC'S }IlOI'k.
r.ot1ppin
Scripture is ¢liallLnned, and {Iiil Ivhere faith11 Christian profess10 15 undct Ihredt:
Offering re.%ourcEs and srraie8ie5 for EFAC clei-gy and la), le8dcr5 to Preach Ihr 11,'oiil of God faiilifull}'
EnTrauing )'oung pL'ople In Ilie ivork or ErAC l?oili lotiilly a'.Id nloball).;
Using all aalIable media Ii) facililaic the aboire-.
DevelopiT)o financicil %irRtegies to siiiipori Ihc ?¢ bavc.
Coniiiiuinn lo provide SLippoI12nd resources tor evangelical bishops aroiind the Ivorld lind enGouragin"
felloik511ip arnon851 ebanuelical bisliDps'
-.] e55ing IhL dtvelopnieiil ol. EfAC'5 1%'eb511c )nd databa5C.
Fknaxicial rci'iciN'
The tinaDci121 rL5uIts for thL EfAC ¢harii&blc Incorporjied organisalioii are sei out in Il)e Staiernent of Fiiiancial
Actl¥rities on pae 7.
During ?07-
EFklC had incoiiic of £?0:6i7 (?0??
£7.0041, coTr.prising dOatiOnS of £18.118 {70?2
r49,6781 aiid Tlllresinieni income of £? jl 9 (70?? £? J?6}. OFtlie5E dondtions, £6.000170?7 . #6,0001 Ivas
received specificall). 10 support Ihe ivurk of Ilie Direcior ofpublisliiiig and il'as, aceordiii8ly, accounted lor as
part vfreslricied furidb.
Of Ilit tvial expeiid'.ILire of£18.6651?09? £59,468), r18.0491?D12 . £48.7801 Ivas e.xpbiided on charitabl¢
activi11¢5, as dctailcd in noic t lo ihe finlf ncial %iateincni%. F.ipcndilure pi'iniarilTr- ioiMpris¢d honoraria pai'meiils
.Tade 10 tlic GiTICnLI Secrciarj, and Ihe DiFe¢ior of Publi511inrt
,Ifrer iakiiig aiiouni of iiiovcincnis 011
ini'cstincnis. Ilie chllrir) 5 net oiirgoing fuTids foi. Ib.t )Jeknor H'ere £7)) l?0?? £19.?6? nci outqoing funds)
Ai rhc £iid Of ?0?3. F.FklC liad nei dsseis of F55,J261-0??_ £i6,OS I l. as detailed ill Iht balnce.h¢LhI sel oiji on
Page S. llie principal assets oi the charity ii'ere iniieslrncnls of £i1.870 PO?2 £5?.6941 and cash of £4:300
17022- £J.i871.
RtrseJ?IB.F polic),
EFAC'S free res¢npe% #i i l D:ectnbeF 20?i ioialled £)? l j? l?0?? _ ri? j97} coiiiprising Iht ¢harifv-5 loral
Iinrcsrricled fund5. The Trusie-5 Tevieived tlit Iti'cl of fr¢ reseri'es reqiiiycd bv thc charily. iaking
particular note of the cti1-reI iin¢ertaiiil)-- of future 1ncomc slreJ111s froni donor5. Lonsequ¢ntls', Ilie Irustees liav¢
SEI on objcciivc ofTndiiiiaiilin o level of fr¢e r¥iei'i'es ofiioi Icss Ili£l11 .iO.000. 'I'lie Tru51tcs kt¥p this rcscrve¥
polic}-' uIideF fe&JDlar review.
Fi&iiiiiLtolpLCllJ.¥ [
Tke Ei'angelic21 Felloivsliip iii the Anoliean Communion Trustecs, repor 3 1 ' Decembei- 2023 Ic frusie¢s have id¢niifi¢d dly d r¥viewed tliL ijiajor J'isl&S 10 ii'liich ilie EPAC Is e.Kposed aiid 2re 5arislied Iliai appiopriille PIOf¥55¢5 are iii pldcL operJiion5. Trustees, rcspi)nsihiliÈies r¢lAtion to (he financi£il statements The ¢haril)' IFUSICL'S are itiponsibl¢ foF preparing a Iru.Iiccs' annual repori and finTri nci11 I siatcmL'iiis in accord4lnce ii'itli applitsble laiv and Unii¢&' Kinrpdom Ac¢ounring Sian6'ard% Iu'niied Kinodain Generall}. Accepred AccoLinliiirp Pnrtice) Th¢ law applicable In chaiities iii Englanui 2nd Wales requ5res rhe tliai-ip triistccs to preparc financial itaietnenls for eacli vear i'hicli iiive a ITiie aDd fair I'lLiY of rhe slate of affaiii of Ilie chdrih, and of Ihc incomifjg r=sources and 14 pplic.iiioii of refoiirces, of Ihe chryriii, f(Il' ihar p¢riod In prepai'jTr obseFI'e the nietliods aiid pi iiicipl¢$ ln tlie applicable Cli&i-Ili¢s' StarcinenT of Recoiiiniended Praciice ISORP}', • niak'e jtid(pement.% and esrinTriile5 that are reasonable 3nd pi'udeiii-, siatc ii'hether applicable accounlinu standard8 hove be¢n follo1¢0. subjeci lo ani maieri81 éepartures ihar tnust be dis¢losed and e.xplained in Ilie financial 5taiements', prepare Ilie tinancial 51aleineiiLS on tlie going Loiicern basis Ltnless ir is inappropriate 10 prtsumc that iht The tru51ees are respO51b1¢ tor keepiiio proper accountin(T recordi tliai disclose ii'ith reasonable accurac). ai aTrJ' riEne the finaiici21 Poiilion otr Ili¢ ¢liai ily ond 10 enablL IhLm tLI LllSLire L for ihe pre-l'enlion aiid delecilon of ftaud and other irreoulariiit5. Tlie trusiees are regponsible foi rhe mai.4lenance and integriiv of Ilie chLifily ond fini?ncial infollnalion included on the chaiiN'.% ivebsiie in ac¢ordanct iyiih le£isltsiioD in the United kingdoni goveming Ilie preparation and di5seiniDation or rinancial slllt¢ments. .4di'i5ers Bankeys Invcstiiieni fvlaiiaoei's Llo>ds BaiiK. Biitler Place. l Legg Streei. Chelmsford CMI IJS IK 2lkil Crips, Old Cliaiige House. l ?8 ()ueeii Vicloi'ia Sircel. London LC4V 4BI Fl L fanihorne r.c.A.. King l.oD%¢ & Lo. 5 Soiiili Pilrade. Oxfard OX? 7JL Indepeiideiir ENamiiieT Cori'cspondcnec Corre5pondeiice concLniinn ill ch2rii)' should be direcitd to. EFAC ? All Sou55' Place London WIB ?DG Signed. Dli behlllfot'thc TTU51ces. on 711 2074 Ri Rei,d Kc Chai Sr¢pli¢n Hornie
The Evrfinoeliclll b-elloii'bli ip iii tlic Anglican Coiiimunion IndepeDdent Ei Yaininer's report -11 Deceniber 2023 l¢liai-ily nunibei. 1189461 I for tlie period ciidcd .1 l Deceinbei. 202i, i%'liich are set out on pa¢Tes 7 to l J. Rtspc£li¥c rcspon%ibilitits of trrt5tecs nd Cxii Tniner Bxsis of opinio exairinulioii cai-ried our in uccoi'dance ii'itli rlie GLIILral Di&Tcii01i5 uiven by Ilie Chui'ity CosniiiissiillL An eianiinaiion inclu(5es a i-eviLlI' of Ilic accouiitin: I¥idS kepi bi, 11?e charil) dnd li LOlllPal'lbOiJ vf IliL acLou11L Indeptndettl ex14 miner'5 St(Cmellt jiia Loose & Co f Souiii P<iro(Jc Oxfoi'd OX? 7JL
The ETr'angelical Felloivship ID thL. .4nglican Commijnion Statement of flnancial activities Year ended 31 Deceniber 2023 -year enrfe(J 31 DLCLnibtr 20?3- 202? Unre.4trit¢Ld Re51J'icled Fuiid5 Fuii(S5 {Goncrnll Totdl Funds Total 'otcs Incoille Dnnaiions aiid l¢gacic5 Ini'csiincnl in¢omt Tfltal income 6.208 ?0.6i7 EYT)eRditure (0.5731 118.a491 ()8 7801 16881 nK'e51llienl fce% nd cosis Total LX[?¢ndiliJrt 118,6651 (.i9.4681 Net incO1¢pCndttrcI 1,97? (7.4641 ef 105S¢S Ort ini'esttncnli ?71 1? 7?71 l'et oultsts jJi4y lulld5 for Ye?r (J401 {19?611 ruiids at bcginninrt ct'jear i6,081 Funds at end 01. i'¢ar i6.081 l-liere ii'ere iio oilier I'e¢ttgnised gains or1055e5 ITI rcspect ol-:fl? J yi. ?O?l other thèn lIse refltcied in thc sta4Ctnenl Coniparalive figures are rtsfl¢¢ted In note 8 to ili¢se accuuni5. Tl)e iioies on paqes 10 10 l i lonn parl of thes£ atcounl5.
'% iir. i.-AiigLIic¢il FL.IloM'slkip in the C.oynmunion lice shLel -1 l .l)oec'inber ?023 011 I;Ik)tr.. la lo
The EvanGelical Felloivsliip in the Angliean Comjnunion Cash floiv statement 31 Decembei- 2023 Ye31" ended 31 Dectnit)ei' '¢¥r eiid¢d.11 Dctcm bL'r 20?? Ca$lJ t7ois I'roni oiJerati#o atlivitF¢S I Ict niob'ciKenl in funds for Ilib vear Adjusinienis for-. {7551 119."6?1 {2,i191 616 2.727 904 Invcslnicnl c0515 688 Ini'esimeni Ioises liicrLaiLI'ldtCF¢asel in cicdi1015 11.5601 Nci ¢asli Lr¢rserat¢d byi (used 51)) operating activilse5 97) Cash lloii's frow ini'csting 2ctivElie5 Purcha5- of investmen1< ProceLds from sale ofinvcstmenrs et eash used in fiiiJnctng 3ctii'itios Chtsn2t io cabli #nd cash ¢quivl¢iilS durijie tlic )'¢ar 97i 110.66)? C#sli and td?sh e4llti'altiilS ai (hL begEiiniiig of Iljt vear 3.i87 cx.sh arid caslb touiYalL'nl% at IliL' ttt(S of illl }'e2r 4.ioo
The EvaDgelic21 Felloii'ship in the Anglican Communion
otes to the accou lit5
Period ended 31 December 2023
.4ecouJiling policies
(21
Basis of pi"ei)2r2lion and ss5es5ment of going eunLL'I'll
l-h¥ finii nLJ&I SialIlleIS liai'L beeii piepaied 1}der tlie hi510rical cosi Loni'eniiDn ivith Iieiiis re£oenised
siaieiiicnls liave lie¢Tr prepared in aecord
The Evangelical Fellowship in the Anglican Communion Notes to the 2ccounts Pei'iod end¢d 31 DLcetnber 2023 DoB#tiot15 and Icg2Cits -YesJr ended 31 Decembcr 20?3__._ Uiirestricied RestrtcÉed Total Funds Fiinds Icenerall 20?2 To121 Fun$ FFAC gTOUP Inembui Cliurcli¥% and iillsl Individiil¢ 15- donalions Gift Aid 10.000 i 0.000 6,000 10,000 6,000 ?08 1,897 6,208 49,678 Ol'doiialiaiis 2d lcgxS receiVLd in 2012. £13.-149 '1S unrc%ificiLd {I1[J.O rioni EFIIC. 8roup minibcr5.- £3.?99 Irorn Individuals.. SXO Expettdlture on charitgble a¢tiv5ties -year ettded 31 Decenibcr 2023-__ Unrestricted Re5tricfo(J Tot41 Funds 2022 Total Fund.% (Generall Honoraria Adminisii-atii'e. Iveb51te * office costs ProfeE5ional fees Travcl Accomniodaiion * subsistence Publisliinth r¢lat¢d costs Lambcih Conf¢rLnt¢ aiid Fel%ied costs Jes115 Ivfflp projecl 6.noo 9.ioo .,l.i43 i.083 1.776 7) 1.776 75 1.7)) i94 8.99:, 6,)? J 18.049 Prior j'ur ¢omp#rAiji"ts for?QL -li'Jf 31 Dcc¢TnbtT2077 Vtyreilrrtled TDtJl 6.000 6.OOCI 3n.329 i?, l_ainb¥tsi ConferL'nCe llnd rc1471cd cn%15 pldniinl#raivt. wcbsiic ' o(rt¢C Costs 3.083 i.0É3 394 Il-o'prajcci Honoraria re13ted to p2ymenis made to rhe General SecTetèrY aiTrd Direclor ofpublishing.
The Eirangelical Fellowship in the Angliean Communion Notes to the accounts Period ended 31 Deeeniber 2023 ITiYesttncTrfS - Llstcd 2022 Al besiiiiiino of }'ear Ilei'aluaEion 105se5 durinu the ycar In¥t%tnitint Incoinc reinvc5tcd Inesei fee5 aiid cosis jl.(194 (?.7?71 ?.3?7 16S8) 1616) Ai end ofycar 41,870 TrSlee5 None ol. Ilic lISIee$ received IIOF li'as due any remunemlion in respcct ofthe year or Ilic pi'ior ycJr. No exp¢n5es are paid 10 any trusiee". o¢¢asional, low-value rciTnbursemenis ale made i¥h¢rL' o%'erliead iiems are tncurjed b), Trustees. Stxff c05t5 ThL' ¢118riiy hd5 no emplo)'ees, aiid thu5 no einploiee rcL=ivcd ¢ii?oluFllCnts abvve (60.000. FuH(J5 31 DeceiTh17tr 2a?I *t123 Intnme F.xpcndstiirc Invc&tEllCllt £ IossLs L'nre5trictLLI fuiid5 General fund 1? 7?71 Rcslrietcd funds DIre10T of Publislline Diieiior of Ille RL51)iiILL.% N'er%voi"k -.Jes11.F l.y, projecr 3.46) 6,000 ?08 16, j?31 0.637 118.6641 12.7?7j 35,3?6
The Evangelical Felloivship in the Anglican Commiinion 'otes to tlie aecounts Period ended 31 December 2023 Prior I'car StiThtement of Finiinci'il Actii'itie5 Ye21" endcd 31 D¢Leniber 102? Unresti'ictcd UDrc&tricted Il¢stri¢tcd T(>1121 Fyiirf.8 Funds Fuijds Fuiids IG¢norill (Designli teijl TolAI ineomc 15.675 59.004 ExpcEJdilure 1?0.34?) {688} li8,4J81 151. 1801 16881 Inves1171eiit fee8 aiid costs Tot31 e.Ipenditui'c l? I,OJO li8.4381 li9.4681 Net L Yiiejidilui-e 15,i551 11.4641 'et11055es)/gL?ins iiii'estin¢iits 'ct {oulgoriig)1SllCOliiiikg ftstids for Illt Funds.It beginning of)'eii r 69,745 -5.598 Funds i?t cnd of i'etst j? 51)2