2020-12-31-accounts - Friends World Committee For Consultation

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			Unrestricted	Restricted	Endowment	Total	Total
		Notes	Funds	Fundsf	Funds E	2021	2020 F
Income and endowments	from:
Donations and legacies		2	164,630	19,731		184,361	259,951
Charitable activities		3
Investments Total		4	4,756	7,818	3,124	15,698	9,223
			169,386	27,549	3,124	200,059	269,174
Expenditure on:
Raising funds			20,050			20,050	12,447
Charitable activities			191,918	9,372	3,113	204,403	220,775
Total		5	211,968	9,372	3,113	224,453	233,222
Net (expenditure)l income
before investment gains			(42,582)	18,177	11	(24,394)	35,952
Net gains on investments		8	36,320	26,091	17,578	79,989	53,018
Net income/(expenditure)			(6,262)	44,268	17,589	55,595	88,970
Transfer between funds		14	(1,755)	1,755
Net movement in funds			(8,017)	46,023	17,589	55,595	88,970
Reconciliation offunds:
Total funds brought forward		12	401,164	236,409	183,199	820,772	731,802
Toad funds carried forward		12	F393,147	2282,432	6200,788	EB76,367	E820,772

FOR THE YEAR	ENDED 31 D /contd. ..	ECEIII	IBER2021
DONATIONS AND LEGACIES
		2021			2020
Unresb icted
Section ofthe Americas:
Operating Fund Friends and Meetings	51,683 3,725			76,236 13,026
			55,408			89,262
Asia-West PaciTic Section			11,923			8,787
Europe and Middle East Section: Britain Yearly Meeting Friends and Meetings Trust Funds (Great Britain)	63,701 31,998 1,600			69,393 35,628 1,000
			97,299			106,021
Job Retention Scheme Grant						7,189
			164,630			211,259
Restdcted
Quaker United Nations Work Travel and Accommodation						485 170
Sustainability Ofgcer (BYM gift in kind) World Plenary Relief Fund Appeals			13,456 4,394 1,881			15,276 19,418 13,343
			19,731			48,692
TOTAL			6184,361			6259,951

cluded within donation 021:	legacies are	the following gra	nts received fr	om charitable	organisation
				Total	Total
		General	Restricted	Funds	Funds
		Funds	Funds	2021	2020
		E	8	8	E
Britain Yearly Meeting (main William P Bancroft Charitable	grant) Trust	63,701 1,765	13,456	77,157 1,765	84,669 1,000
Westcroft Trust		1,600		1,600
		f67,066	F13,456	f80,522	F85,669


3.	INCOME FROM CHARITABLE	Unrestricted		Restricted	Endowment		Total	Total
	ACTIVITIES		Funds	Funds	Funds		2021	2020
	Sales ofpublications (calendars)
	All the loss from 2020 related to unrestricted		funds.
4.	INVESTMENT INCOME	Unrestricted		Restricted	Endowment		Total	Total
			Funds	Funds	Funds		2021	2020
	Dividends and interest		64,756	67,818	f3,124		F15,698	K9,223
	Ofthe K9,223 recognised in 2020, f4,565	related to unrestricted funds,			E2,092to restricted		funds and	K2,586to
	endowmentfunds.
5.	TOTAL RESOURCES EXPENDED		Raising	Charitable	Governance		2021	2020
			Funds E	Activities f	Costs E		Total F	Total
	Salaries and Related Costs		6,613	115,151	3,306		125,070	126,154
	Office Management			34,823	—		34,823	24,176
	information Technology and Communications			17,090			17,090	2,890
	Travel in the Ministry			3,303			3,303	5,445
	Sustainability Project International Membership Committee Literature and Publications			2,800 10,158			2,800 10,158	6,262 2635 6,049
	Quaker United Nations Committees Grants to Institutions			2,148 13,500			2,148 13,500	1,897 13,994
	Central Executive Committee				416		416	1,633
	Investment Management Charges		4,136				4,136	3,578
	Auditors' Remuneration -Audit services				3,660		3,660	3,150
	-Non-audit							650
	Legal Fees Consultancy Fees Foreign Exchange (Gain) ILoss Relief Fund Appeals		9,301	(3,408) 1,421			35 9,301 (3,408) 1,421	156 3,167 17,635 13,751
	Total 2021		620,050	6197,021	E7,382	6224,453		E233,222
	Total 2020		F12,447	6212,491	F8,284	f233,222

icontd. .	.
STAFF COSTS AND NUMBERS	2021	2020
	6	F
Salaries and Wages Social Security Costs Employer Pension Contributions Pension Deficit Adjustment Fixed Contract Staff (Freelancers)	114,424 6,955 5,276 (9,853) 10,708	111,458 1,939 5,051 9,092
	6127,510	F127,540

The average number of employees duding the year, calculated 2.7(2020:2.8).	on the basis of full time equivalents,
FIXEDASSETS	Office
	Equipment
	2021
	8
Cost
At 1 January 2021	3,247
Additions in year
At December 2021	3,247
~D
At 1 January 2021 Charge forthe year	812 812
At December 2021	1,624
Net book value at 31 December 2021	1,623
Net book value at 31 December 2020	2,435

INVESTMENTS	2021	2020
	E
Listed Investments:
Market value brought forward	585,173	478,611
Additions at cost	441,918	156,710
Disposals at opening market value	(305,657)	(91,589)
Foreign exchange gains/(losses)	7,003	(8,865)
Unrealised gains on revaluation	62,734	50,306
Market value carried forward	791,171	585,173
Cash held for investment	6,096	16,254
Total market value ofinvestments	F797,267	F601,427
Historical cost cerned forward	F645,558	5425,290
t t
Unrealised gains on revaluation Realised gains on disposal	62,734 17,255	50,306 2,712
	879,989	E53,018

	Ofthe F53,018recognised	Ofthe F53,018recognised	in 2020, F31,323 related to unrestricted	in 2020, F31,323 related to unrestricted	funds, F10,195to restricted	funds, F10,195to restricted	funds and
	511,500to endowment funds.
9.	DEBTORS				2021		2020
					5
	Amounts fallin	due within one	ear:
	Section accounts				25,077		18,781
	Other debtors				2,490		5,009
					27,567		23,790
	Amounts fallin	due after more	than one	ear:
	Section ofthe Americas				3,710		10,990
					F31,277	F34,780
10.	CREDITORS				2021		2020
	Amountsfallin	due within one	ear:
	Taxation and social security				6,769		12,159
	Other creditors	and accruals			7,260		7,287
					514,029	F19,446
	Amounts fallin	due aiter more	than one	ean
	Pension deficit	liability			F16,588	F32,352

ANALYSIS	OF NETASSETS BETWEEN	FUNDS
		Unrestricted	Restricted	Endowment	Total
		Funds	Funds	Funds	Funds
		F	6		F
Tangible fixed assets Fixed asset investments		1,623 258,388	338,090	200,789	1,623 797,267
Net current	assets	149,724	(55,659)		94,065
Non-current	liabilities	(16,588)			(16,588)
Net assets	at 31 December 2021	6393,147	E282,431	6200,789	6876,367

Comparative	information forthe net asset	s between funds in th	e previous ye	ar is as follows:
		Unrestricted	Restricted	Endowment	Total
		Funds	Funds	Funds	Funds
		F	F	6	6
Tangible fixed assets Fixed asset investments		2,435 310,215	108,013	183,199	2,435 601,427
Net current	assets	120,866	128,396		249,262
Non-current	liabilities	(32,352)			(32,352)
Net assets	at 31 December 2020	6401,164	f236,409	6183,199	F820,772

MOVEMENT IN FUNDS				Income		Transfers
			At 1.1.21 f	(Inch gains) 6	Expenditure 6	(Note 14)	At31.12.21
Unrestricted Funds
General Funds			249,871	205,706	185,970	10,972	280,579
Designated Funds (unrestricted) World Plenary			50,000				50,000
Carbon Offset
International Membership	Ministry
Fund
UN Conferences Attendance		Fund	5,967				5,967
Conference and Travel Fund			30,122				30,122
Young Adult Friends Fund ITand Office Refurbishment		Fund	26,479 15,000		13,756	(1,244)	26,479
Senior Staff Leave and
Replacement Fund			23,725		12,242	(11,483)
Total Designated Funds			151,293		25,998	(12,727)	112,568
Restricted Funds
Quaker United Nations Work-Geneva World Plenary Travel and Accommodation			393 21,619 670	6,260	2,148 (866)	1,755	28,745 670
Quaker Online Sustainability Conference			5,478				5,478
Young Adult Friends Development Fund			202,063	32,042	(6,786)		240,891
Sustainability Officer Future WGYF Fund			5,000	13,456	13,456		5,000
Relief and Peace Making	Fund		1,186	1,881	1,420		1,647
Total Restricted Funds			236,409	53,639	9,372	1,755	282,431
Endowment Funds
Expendable Endowments: C.B.Taylor Travel Bursary Committee Travel			123,229 59,970	13,926 6,777	2,697 416		134,458 66,331
TotaIEndowment Funds			183,199	20,703	3,113		200,789
TotalFunds			6820,772	6280,048	E224,453		F876,367

Comparative information fo	r t	he movem	ent in funds	in the previou	s year isas f	ollows:
				Income		Transfers
			At 1.1.20 F	(Incl. gains) 5	Expenditure 6	(Note 14) F	At31.12.20 f
Unresb icted Funds
General Funds			224,942	245,647	183,085	(37,633)	249,871
Designated Funds (unrestricted) World Plenary Carbon Offset			35,000 1,700		3,467	15,000 1,767	50,000
International Membership	Ministry
Fund			46			(46)
UN Conferences Attendance		Fund	4,467	1,500			5,967
Conference and Travel Fund			30,122				30,122
Young Adult Fdends Fund ITand Office Refurbishment		Fund	31,973 1,843		5,494	13,157	26,479 15,000
Senior Staff Leave and
Replacement Fund			12,000		275	12,000	23,725
Total Designated Funds			117,151	1,500	9,236	41,878	151,293
Restricted Funds
Quaker United Nations Work-Geneva World Plenary Travel and Accommodation			1,805 2,709 500	485 21,402 170	1,897 2,492		393 21,619 670
Quaker Online Sustainability Conference			8,273		2,795		5,478
Quaker Youth Pilgrimage Susiainability Officer Future WGYF Fund			196,450 5,000	10,303 15,276	4,690 15,276		202,063 5,000
Relief and Peace Making	Fund		1,594	13,343	13,751		1,186
Total Restricted Funds			216,331	60,979	40,901		236,409
Endowment Funds
Expendable Endowments: C.B.Taylor Travel Bursary Committee Travel			117,908 55,470	9,566 4,500		(4,245)	123,229 59,970
Total Endowment Funds			173,378	14,066		(4,245)	183,199
TotalFunds			9731,802	5322,192	5233,222	FNil	F820,772

he total minimum	lease payments due	under non-cancell	able	operating le	ases are as f	ollows:
			2021			2020
		Land and			Land and
		Buildings E		Other 6	Buildings		Otherf
Due within:
One year One to five years		13,628		1,477	13,628		2,995 1,477
Total minimum	lease payments	F13,628		F1,477	f13,628		f4,432

					Total
					Unrestricted
			General	Designated	Funds
			Fundsf	Funds	2021f
Income and endowments	from:
Donations and legacies			164,630		164,630
Charitable activities
Investments			4,756		4,756
Total			169,386		169,386
Expenditure on:
Raising funds			20,050		20,050
Charitable activities			165,920	25,998	191,918
Total			185,970	25,998	211,968
Net income/(expenditure)	before investment	gains	(16,584)	(25,998)	(42,582)
Net gains on investments			36,320		36,320
Net income/(expenditure)	before transfers		19,736	(25,998)	(6,262)
Transfers bebveen funds			10,972	(12,727)	(1,755)
Net movement in funds			30,708	(38,725)	(8,017)
Total funds brought forward			249,871	151,293	401,164
Total funds carried forward			f280,579	f112,568	f393,147