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2022-12-31-accounts

Charity Registration No. 1191045

PLATFORM 67 CIO

ANNUAL REPORT AND INDEPENDENTLY EXAMINED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

PLATFORM 67 CIO

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mrs Rachel Iley (Chair)
Dr Thomas Thorp
Mr Michael Cornall
Key Management Personnel Mr Andrew Dudgeon
Mr Martin Dudgeon
Mrs Pamela Dudgeon
Charity number 1191045
Registered office 89 Worden Lane
Leyland
PR25 3BD
Independent examiner Oliver Grills FCA
J A Fell & Company
40 Hoghton Street
Southport
PR9 0PQ
Bankers Reliance Bank Limited
Faith House
23-24 Lovat Lane
London
EC3R 8EB
Bankers Santander UK Plc
Bridle Road
Bootle
Liverpool
L30 4GM

PLATFORM 67 CIO

CONTENTS

Page
Trustees' report 1 - 7
Independent examiner's report 8
Statement of financial activities 9
Balance sheet 10
Notes to the financial statements 11 - 16

PLATFORM 67 CIO

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

The trustees present their annual report and financial statements for the year ended 31 December 2022.

The activities of the charity were transferred from a charitable trust to a Charitable Incorporated Organisation ( a 'CIO') on 1st January 2022.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).

Objectives and activities

The charity's objects are:

The Charity carries out these objects by proclaiming, teaching and informing the Christian public, investing resources in helping churches in their Biblical understanding of mission. In addition, the Charity makes grants to appropriate institutions to achieve its objects especially among those with least Christian awareness.

The aims of the Charity are:

The key areas of interest to the Charity includes peoples who have no Bibles, ether because a translation is not yet available, or because one is available but not in appropriate format. In addition, to encourage culturally appropriate theological education, supporting the development of new gospel workers, strengthening churches, and relieving the impact of poverty, are all important areas of concern.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the

charity should undertake.

Platform 67 remains an active member of Global Connections, the body providing oversight for Christian agencies in the UK as well as training seminars and networking opportunities. Staff of Platform 67 participated in training opportunities provided.

Platform 67 has worked towards its charitable objects during the year and the following summaries of achievements indicate the work we have carried out in 2022.

PLATFORM 67 CIO

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

a) To ensure the Good News of the Christian message reaches those who have least opportunity to hear it

As a means to fulfilling its charitable objects, the Charity enjoys partnerships with other charities and non-profits with similar objectives.

In 2022, we were pleased to support humanitarian efforts from the effects of the war in Ukraine through the provision of basic medicines and food supplies to people who were unable to care for themselves. The charity supported efforts by various partners operating both within Ukraine as well as in bordering countries ensuring that collaboration at an organisational level limited administrative costs and facilitated both a rapid and informed response.

The effects of deep poverty are felt in many places. Platform 67 supported efforts to relieve its terrible effects

through the provision of water filtration systems in Cambodia.

Many from Myanmar face a similarly difficult situation but for very different reasons. War has created a largescale human tragedy with people now both internally displaced and others having to leave the country altogether. Our partners are working among refugees from Myanmar who cross into Thailand where the challenge is to provide the basics of food but there are also ways to help through soap production, daily soy milk drinks, school materials and simple human care to people in need of relief. The trustees are extremely grateful both for the work of our partners in SE Asia as well as for the generous-hearted donations that directly impact lives.

As a means of developing and encouraging the Christian faith, several ministries were helped.

Not everyone can read and we were delighted to use technology to help support the provision of solar-powered Bibles that have allowed Christian teaching to parts of the world where access to both electricity and/or Christian teaching is limited, including among those who are oral learners.

In addition to Bibles, Platform 67 has supported the provision of Christian books to help develop the Christian faith and instruct preachers and lay workers in Christian teaching. The printing of three titles in Spanish was supported, including a daily Bible readings devotional aid. All three books were chosen to help local Spanish congregations develop in their faith.

Europe has become an increasingly post-Christian society in many parts. Platform 67 has been keen to support ministries serving at grassroots level and accordingly was able to help in several opportunities throughout the year, including evangelistic efforts among Icelandic students. We were pleased too to hear that Icelandiclanguage gatherings are growing in their understanding of the Christian faith and also that non-Icelanders have started attending churches and been baptized. Further afield, as well as among Jewish people in Brazil and the Netherlands, Christian teaching has also been made known in eastern Spain and in rural Nepal where full time work is supported.

Social media continues to provide opportunities for Christian witness and radio ministry and was supported in North Africa.

In 2023, the trustees anticipate continuing to support many of the current projects and expanding into new areas where Platform 67 support can be beneficial.

PLATFORM 67 CIO

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

b) To emphasize Bible teaching in churches

The trustees believe that the provision of Bible teaching to churches across the UK is the best way to generate long-term advocates for the purposes of the Charity.

Given that one of the Charity’s desires is for more people to live their lives in the UK with a broad worldview, with better understanding of the many nations in the world, and how the Christian faith impacts on everyone’s life and the complex issues they face, we continued to provide short videos and online meetings wherever suitable as well as an extensive diary of in-person church meetings.

In addition, in 2022 the Charity increased its advertising on social media page to provide regular news and encourage Christian faith on a much wider scale than had previously been possible.

Plans for 2023 include further work on the charity’s social media presence to develop new contacts and opportunities. Materials and communications appropriate to new followers of the charity will be provided.

c) To make grants to ministry partners with whom we can best work for the sake of the gospel

We are grateful to God for His provision and to so many who have exercised confidence in the work of Platform 67. Each partner receiving funding undergoes a process of due diligence to ensure accountability and given the network of existing relationships and partners, the Charity was able to respond with speed and efficiency to local needs.

Plans for 2023 include follow-up with partners where charity funds have been expended.

d) To generate informed prayer for missionary endeavour

Platform 67’s regular magazine was issued three times in 2022 and sent to all subscribers. The magazine is the primary vehicle for reporting on activities and encouraging prayer and support. Each edition contains a lead article explaining the challenges faced by those living out their Christian faith in cultures other than in the United Kingdom. It also provides feedback from beneficiaries as well as informed ways to engage in prayer.

In 2022, the Charity sent out more weekly emails detailing prayer news to subscribers. These are an important means of providing informed news from around the world and detailed ways to help people pray.

Plans are in place for a significant advertising campaign in 2023 in an effort to attract new people to use our resources. It is hoped that a digital version of the Platform 67 magazine will be trialled mid-year. The Charity feels it has quality materials to help people in their Christian duties and wishes to make those available on as wide a scale as possible

PLATFORM 67 CIO

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

Grant making policy

The trustees have agreed that the current priorities for funding are:

a) The advancement of the Christian faith within local communities and across the world, but particularly where the Gospel is least known;

b) The relief of poverty within local communities and among the world’s deprived and needy peoples, with particular focus on where the Gospel is least known.

When gifts are made to external organisations, extensive research is undertaken to ensure the Charity knows its partners and beneficiaries. All due diligence procedures were reviewed in 2022. The criteria considered by staff and trustees include:

Reliability of reporting mechanisms

The Charity does not invite applications for grants but grants are one of the means by which its objectives are achieved when working alongside partner agencies. There are no upper or lower limits of support

Achievements and performance

Some of the highlights of the Charity’s work in 2022 are:

PLATFORM 67 CIO

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

Financial review

The trustees set the reserves policy should such funds ever be needed, maintaining a prudent level of reserves to ensure stability and flexibility.

It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to six months expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised.

Income for the Trust is generated almost entirely from voluntary donations from members of the public together with a small amount of bank interest earned on retained funds. The attached accounts show that donations received amounted to £305,048 during the year (2021: £289,837) while the expenditure total £312,123 (2021: £296,149).

Grant-making support continued to be strong, reflecting the commitment of supporters who have generously given to meet the needs of others in the face of enormous global challenges.

The Charity takes great care to ensure funds are used in accordance with the stated aims and objectives.

At 31st December 2022, unrestricted funds amounted to £91,751 which includes £60,000 reserves. It is intended that the excess funds will be distributed in the year ahead.

Risk policy

The trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. The Leadership Team regularly reviews the systems and procedures which are in place to manage those risks and reports to the board of trustees.

The main risks faced by the trust remain with the grant-making process and with the threat of cybercrime.

In order to address these risks, procedures have been put in place to ensure the effective use of grants. Efforts are made to know well the potential recipients of grants, and to ensure they possess the skills, systems and character to make proper use of grants and to cooperate and communicate with the Charity as required.

Practical steps have been taken to reduce the threat of cyber-attacks.

Efforts are made to ensure that staff do not travel to dangerous areas and that a strong travel insurance package covers all staff travel. All other major insurable risks are subject to normal insurance coverage, including office equipment.

Efforts are made to ensure that staff do not travel to dangerous areas and that a strong travel insurance package covers all staff travel. All other major insurable risks are subject to normal insurance coverage, including office equipment.

Data protection

Platform 67 recognises that personal data of our supporters is valuable. The Trust seeks to embody best practice in the way we gather, store and use personal data.

Platform 67’s Finance Manager is responsible for data protection and for keeping up to date with guidelines as well as ensuring all response devices and data capture forms comply with the spirit and letter of data protection guidelines.

PLATFORM 67 CIO

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

Structure, governance and management

The charity is governed by the constitution establishing the charity dated 27th August 2020. The trustees who served during the year of the financial statements were: Mrs Rachel Iley (Chair). Dr Thomas Thorp, Mr Michael Cornall.

The trustees who served during the year of the financial statements were :

Mrs Rachel Iley (Chair) Dr Thomas Thorp Mr Michael Cornall

Trustees are selected on the basis of the mix of leadership skills, missionary awareness, experience and diversity that they bring to the trustee body, as well as the time they have to perform their functions as trustees.

All Trustees must be fully supportive of the ethos and values of the organisation.

All appropriate checks are taken to ensure that a prospective trustee is both eligible and suitable to act in this capacity. All trustees receive background information on the work of charity, its policies and practices. New trustees are also encouraged to use the Charity Commission publication “How to be an Effective Charity Trustee”.

The board of trustees is required by the trust deed to be between three and five in number. The trustees delegate the day-to-day management of the charity to the three senior staff, who report regularly to the trustees.

The day to day operations of the charity is under the control of its leadership team. The leadership team reports to the chair of trustees on a regular basis, and full meetings of the trustees take place regularly throughout the year.

Key management personnel remuneration

The trustees consider the board of trustees and the senior staff to be the key management personnel of the charity, responsible for directing and controlling the charity. No remuneration was paid to the trustees. The remuneration of the staff is reviewed annually by the trustees.

The trustees' report was approved by the Board of Trustees.

Dissolution

Following the successful registration of a new charity having the same name, trustees, aims and objects as this Trust, the activities of this Charitable Trust ceased on 31.12.21. All assets were transferred to Platform 67, a Charitable Incorporated Organisation with registered number 1191045 with the change to be recorded in the Charity Commission’s Register of Mergers.

PLATFORM 67 CIO

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

Key management personnel remuneration

The trustees consider the board of trustees and the senior staff to be the key management personnel of the charity, responsible for directing and control-ling the charity. No remuneration was paid to the trustees. The remuneration of the staff is reviewed annually and is normally increased at a rate consistent with the growth in Average UK earnings.

The trustees' report was approved by the Board of Trustees.

..............................

Mrs. R. Iley Trustee Dated: .........................

PLATFORM 67 CIO

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF PLATFORM 67 CIO

I report to the trustees on my examination of the financial statements of Platform 67 CIO (the charity) for the year ended 31 December 2022.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Oliver Grills FCA

Chartered Accountant

J A Fell & Company 40 Hoghton Street Southport PR9 0PQ

Dated: .........................

PLATFORM 67 CIO

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2022

Unrestricted
Restricted
funds
funds
2022
2022
Notes
£
£
Income from:
Donations and legacies
3
242,051
62,997
Investments
4
493
-
Total income
242,544
62,997
Expenditure on:
Charitable activities
5
248,731
63,392
Net expenditure for the year/
Net movement in funds
(6,187)
(395)
Fund balances at 1 January
2022
97,938
688
Fund balances at 31
December 2022
91,751
293		 Total Unrestricted
Restricted
funds
funds
2022
2021
2021
£
£
£
305,048
234,081
55,756
493
59
-
305,541
234,140
55,756
312,123
241,041
55,108
(6,582)
(6,901)
648
98,626
104,839
40
92,044
97,938
688		 Total
2021
£
289,837
59
289,896
296,149
(6,253)
104,879
98,626

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

PLATFORM 67 CIO

BALANCE SHEET

AS AT 31 DECEMBER 2022

2022
Notes
£
Current assets
Debtors
10
2,888
Cash at bank and in hand
91,076
93,964
Creditors: amounts falling due within
one year
11
(1,920)
Net current assets
Income funds
Restricted funds
12
Unrestricted funds
The financial statements were approved by the Trustees on .........................
..............................
..............................
Mrs Rachel Iley (Chair)
Dr Thomas Thorp
Trustee
Trustee		 £
92,044
293
91,751
92,044		 2021
£
2,608
97,878
100,486
(1,860)		 £
98,626
688
97,938
98,626

PLATFORM 67 CIO

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

1 Accounting policies

Charity information

Platform 67 CIO is a Charitable Incorporated Organisation governed by its constitution dated 27th August 2020.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's trust deed, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

On 1st January 2022 the Charity transferred all its activities from a charitable trust to a Charitable Incorporated Organisation. The accounts comparative figures for the year ended 31st December 2021 are those of the charitable trust.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

PLATFORM 67 CIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

1 Accounting policies

(Continued)

Government Grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

1.5 Expenditure

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be reliably measured.

Grants payable are payments made to third parties in furtherance of the charitable objects of the trust. Grants payable are recognised when the offer of the grant has been made and the amount determined.

Support costs and governance costs have been apportioned to charitable activities on the basis of usage.

1.6 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.8 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

PLATFORM 67 CIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

3 Donations and legacies

Unrestricted
Restricted
funds
funds
2022
2022
£
£
Donations and gifts
242,051
62,997
Job Retention Scheme
grants receivable
-
-
242,051
62,997		 Total
Unrestricted
Restricted
funds
funds
2022
2021
2021
£
£
£
305,048
216,950
55,756
-
17,131
-
305,048
234,081
55,756		 Total
2021
£
272,706
17,131
289,837

4 Investments

Interest receivable
Charitable activities
Staff costs
Publishing costs
Travel costs
Resources
Grant funding of activities (see note 6)
Share of support costs (see note 7)
Share of governance costs (see note 7)
Analysis by fund
Unrestricted funds
Restricted funds		 Grant
making
£
-
-
-
-
-
141,600
25,686
990
168,276
104,884
63,392
168,276		 Unrestricted
Unrestricted
funds
funds
2022
2021
£
£
493
59
Ministry
work
Total
2022
Total
2021
£
£
£
87,178
87,178
83,865
7,008
7,008
9,195
7,970
7,970
5,296
15,015
15,015
2,485
117,171
117,171
100,841
-
141,600
144,750
25,686
51,372
48,638
990
1,980
1,920
143,847
312,123
296,149
143,847
248,731
-
63,392
143,847
312,123		 Unrestricted
Unrestricted
funds
funds
2022
2021
£
£
493
59
Ministry
work
Total
2022
Total
2021
£
£
£
87,178
87,178
83,865
7,008
7,008
9,195
7,970
7,970
5,296
15,015
15,015
2,485
117,171
117,171
100,841
-
141,600
144,750
25,686
51,372
48,638
990
1,980
1,920
143,847
312,123
296,149
143,847
248,731
-
63,392
143,847
312,123
Total
2021
£
83,865
9,195
5,296
2,485
100,841
144,750
48,638
1,920
296,149

5 Charitable activities

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

PLATFORM 67 CIO

6 Grants payable

Grants to institutions:
Crosslinks
Deaf Bible Society
EMF
Evangelisk Mission
Feba
Frontlines
Global Grace Fellowship
International Mission Board
Increase Trust
MediaServe
Megavoice
Mission to Jews
Mission to India
Nation2Nation
Peregrino
Pioneers
Radstock
Starfish
Organisations <£1,500 each
-
Support costs
Staff costs
Overheads
Travel
Bank charges
Independent examination
fees
Analysed between
Charitable activities		 Support
costs
Governance
costs
£
£
43,589
-
5,452
-
1,992
-
339
-
-
1,980
51,372
1,980
51,372
1,980		 2022
£
2,500
-
14,000
-
-
18,000
1,500
25,000
5,000
-
23,500
5,000
15,000
5,000
1,600
-
5,000
19,500
1,000
141,600
2022Support costs Governance
costs
£
£
£
43,589
41,933
-
5,452
4,747
-
1,992
1,324
-
339
634
-
1,980
-
1,920
53,352
48,638
1,920
53,352
48,638
1,920		 2021
£
2,500
-
5,000
5,000
5,000
5,000
10,000
55,000
-
5,000
10,000
1,500
17,800
7,000
3,000
5,000
5,000
-
2,950
144,750
2021
£
41,933
4,747
1,324
634
1,920
50,558
50,558

7 Support costs

PLATFORM 67 CIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

8 Trustees

During the year none of the trustees received any payments from the charity.

9 Employees

The average monthly number of employees during the year was:

Employment costs
Wages and salaries
Social security costs
Other pension costs
There were no employees whose annual remuneration was more than £60,000.
10
Debtors
Amounts falling due within one year:
Trade debtors
11
Creditors: amounts falling due within one year
Accruals and deferred income		 2022
Number
3
2022
£
107,853
6,732
16,182
130,767
2022
£
2,888
2022
£
1,920		 2021
Number
3
2021
£
103,604
6,642
15,552
125,798
2021
£
2,608
2021
£
1,860

PLATFORM 67 CIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

12 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

Movement in Movement in Movement in funds
Balance at Incoming Resources Designated Designated Fund Balance at
1
resources		 expended funds funds Transfers 31
January incoming expended December
2022
£		 £ £ £ £ £ 2022
£
Bible Fund 168 2,530 (2,530) 12,303 (12,303) (79) 89
Frontiers Fund 38 9,155 (9,155) 36,407 (36,407) 95 133
Show and Tell Fund 470 21,996 (21,997) 15,033 (15,033) (404) 67
On the Move - 21,828 (21,828) 2,453 (2,453) - -
Technology Fund 12 3,821 (3,821) 6,167 (6,167) (12) 12
Love Europe Fund - 719 (719) - - - -
Pakistan Schools Fund - 3,343 (3,343) 5,157 (5,157) 5 5
688 63,392 (63,393) 77,520 (77,520) (395) 293
13 Analysis of net assets between funds
Unrestricted Restricted
Total		 Unrestricted
Restricted		 Total
funds funds
2022 2022 2022 2021 2021 2021
£ £ £ £ £ £
Fund balances at 31
December 2022 are
represented by:
Current assets/(liabilities) 91,751 293 92,044 97,938 688 98,626
91,751 293 92,044 97,938 688 98,626