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2023-08-31-accounts

		Page
Charity information
Report ofthe Trustees
Independent examiner's	report
Statement of Financial	Activities
Balance sheet
Accounting policies
Notes to the accounts		10

Trustees		Dr Donald John MacLean	Dr Donald John MacLean
		Rev. Jon David Payne
		Rev. Benjamin Wontrop
Charity number		1189657
Charity address		Alderman Fenwick's	House
		98-100Pilgrim Street
		Newcastle
		NE1 6SX
Independent	examiner	Kinnair and Company	Limited
		Aston House
		Redburn Road
		Newcastle Upon Tyne
		NE5 1NB

as at 31August 2	023
		Notes		2023		2022f
Fixed assets
Tangible assets				13,230		13,862
Current assets
Debtors		10	31,370		31,666
Cash at bank and in	hand		231,778		156,083
			263,148		187,749
Creditors: amounts	falling due within one year	11	(2,527)		(2,006)
Net current assets				260,621		185,743
Net assets				273,851		199804
Funds
Unrestricted funds:
-General Fund		13		194,209		120,404
				194,209		120,404
Restricted funds:
-Restricted fixed asset funds		14		79,642		79,200
				79,642		79,200
Total Trust funds				273851		199804

		2023	2023	2023	2022
		Unrestrictedf	Restrictedf	Totalf	Totalf
UK Gifts and donations		6,907		6,907	45,040
Stewardship		1,144	11,752	12,896
MTW USA			3,202	3,202	30,061
Shepherds	Fund		38,036	38,036	11,000
		8051	52,990	61 041	86,101

				2023	2023	2023	2022
				Unrestrictedf	Restrictedf	Totalf	Totalf
US Donors				297,041		297,041	2,286
Other income				1,536		1,536	10,566
CAF				7,461		7,461	4,523
				306,038		306,038	17,375
Income	from		activities
				2023	2023	2023	2022
				Unrestrictedf	Restrictedf	Totalf	Totalf
Tuition	and audit fees			26,415		26,415	12,745
School	ofTheology			2,593		2,593	1,006
Conference		income		17,509		17,509	14,456
				46511		46517	28,207
Expenditure:			Staff
				2023	2023	2023	2022
				Unrestrictedf	Restricted	Totalf	Totalf
Staffwages				144,419	11,862	156,281	183,558
Intern wages					22,912	22,912	23,228
Student	stipend				19,384	19,384	49,090
				144,419	54,158	198,577	255,876

		2023	2023	2023	2022
		Unrestrictedf	Restrictedf	Totalf	Totalf
Library		2,208		2,208	1,844
Seminary costs		6,357		6,357
Faculty costs		33,437		33.437	42,350
School ofTheology		2,972		2,972	5,314
Conference attendance		16,241		16,241	11,688
US Fundraising	conference	1,625		1,625	5,706
Advertising		20,694		20,694	3,159
		83,534		83534	70,289

6	Expenditure:		Indirect expenditure
					2023	2023	2023	2022
					Unrestrictedf	Restrictedf	Totalf	Totalf
	Rent and rates				28,860		28,860	24,691
	Refreshments				1,547		1,547	1,637
	Stationery and		office consumables		624		624	1,043
	Furniture and	equipment			601		601	1,238
	Telephone				50		50	255
	Software licences				5,845		5,845	4,597
	Cleaning				1,227		1,227	1007
	Consultancy	fees			6,884		6,884	1,146
	Disposal ofassets				1,342		1,342	0
	Insurance				459		459	556
	Training				2,137		2,137	564
	Postage				52		52	175
					49828		49628	40,612
7	Expenditure:		Legal and professional	fees
					2023	2023	2023	2022
					Unrestrictedf	Restricted	Totalf	Totalf
	Accountancy				1,860		1,860	1,170
	ITconsultancy				3,223		3,223	2400
					5,083		5083	4,095
8	Staff costs
					2023	2023	2023	2022
					Unrestricted	Restrictedf	Totalf	Totalf
	Gross wages				142,123		142,123	163,247
	Employers NIC				8,615		8,615	15,390
	Pension costs				2,318		2,318	2,021
	Knox Interns							23,228
	Student stipend				19,384		19,384	49,090
					172440		172,440	252,976

Average number ofstaff during the year	2023	2022
	Number	Number
Staff- part-time
Staff- full-time

									Plant and
									equipment
									R
	Cost
	At 1 September 2022 Additions Disposals								18,485 3,303 ~1,877
	At 31 August 2023								19,911
	Depreciation
	At 1 September 2022								4,623
	Charge for the year On disposals								2,527 ~469
	At 31 August 2023								6681
	Net book value
	At 31August 2023								13,230
	At 31 August 2022								13,862
10	Debtors								2023	2022f
	GiR Aid Debtor								28,000	28,000
	Prepayments and accrued income								3,370
									31,370	31,666
	Creditors: amounts		falling due within		one year				2023	2022
									R	R
	Other taxes and social security costs								667	986
	Accruals and deferred		income						1,860	1,020
									2,527	2,006
13	General fund								2023	2022
	Net incoming (outgoing) resources								75,415	(241,959)
	Brought forward								120,404	441,563
	Transfer to restricted Prior period transfer	funds from general adjusted for			fund				(1,610)	(41,061) ~38,139
	Carried forward								194,209	120,404
										Balance
						Balance at				at
	Restricted funds					31.08.22	Rec'd in yr E	Paid in yr R	Transfer E	31.08.23f
	Knox Scholarship					31,500				31,500
	Shepherds Fund 1					22,300				22,300
	Shepherds Fund 2						23,000			23,000
	Ambassadors Fund	1				12,700		12,700
	Ambassadors Fund	2				12,700		12,700
	Community Bible Church,
	Savannah, Georgia						24,600	24,600
	Hoist Balance						1,550		(1,550)
	James Fund						5,450	4,158	1,550	2,842
	Total					79,200	54,600	54,158		79,642

Restricted funds are	Restricted funds are	ringfenced	scholarships	as follows:	2023	2022
						R
Ambassadors Fund		1				12,700
Ambassadors Fund		2				12,700
Knox Scholarship					31,500	31,500
The James Fund					2,842
Shepherds Fund					45,300	22,300
					79642	79,20D
Ambassador Fund	1