| Unrestricted | Restricted | Endowment | Total | Total | ||
|---|---|---|---|---|---|---|
| Notes | Funds | Funds | Funds | 2022 | 2021 | |
| Income and endowments from: | ||||||
| Donations and legacies | 2 | 182,706 | 19,458 | 202,164 | 184,361 | |
| Charitable activities | ||||||
| Investments | 3 | 7,492 | 12,502 | 2,775 | 22,769 | 15,698 |
| Total | 190,198 | 31 ,960 | 2,775 | 224,933 | 200,059 | |
| Expenditureon: | ||||||
| Raising funds | 8,694 | 8,694 | 20,050 | |||
| Charitable activities | 173,423 | 18,352 | 27,562 | 219,337 | 211,117 | |
| Total | 4 | 182,117 | 18,352 | 27,562 | 228,031 | 231,167 |
| Net (expenditure)/income | ||||||
| beforeinvestmentgains | 8,081 | 13,608 | (24,787) | (3,098) | (31,108) | |
| Net (loss)/gains on investments | 7 | (42,988) | (35,826) | (31 ,232) | (1 10,046) | 86,703 |
| Net income/(expenditure) | (34,907) | (22,218) | (56,019) | (1 13,144) | 55,595 | |
| Transfer between funds | 13 | (1 ,512) | 1,512 | |||
| Net movement in funds | (36,419) | (20,706) | (56,019) | (113,144) | 55,595 | |
| Reconciliation of funds: | ||||||
| Total funds brought forward | 11 | 393,147 | 282,431 | 200,789 | 876,367 | 820,772 |
| Total funds carried forw•ard | 11 | E356,728 | 261,725 | E144,770 | €763,223 | €876,367 |
| Notes | 2022 | 2021 | |||
|---|---|---|---|---|---|
| FIXEDASSETS | |||||
| Tangible fixed assets | 6 | 811 | 1 ,623 | ||
| Investments | 7 | 681 ,691 | 797,267 | ||
| 682,502 | 798,890 | ||||
| CURRENT ASSETS | |||||
| Debtors | 8 | 18,209 | 31 ,277 | ||
| Cash at bank and in hand | 89,657 | 76,817 | |||
| 107 ,866 | 108,094 | ||||
| CREDITORS: Amounts falling due |
|||||
| within one year | 9 | 21,004 | 14,029 | ||
| NET CURRENT ASSETS | 86,862 | 94,065 | |||
| TOTALASSETS LESS CURRENT | |||||
| LIABILITIES | 769,364 | 892,955 | |||
| CREDITORS: Amounts falling due after | |||||
| more than one year | 9 | 6,141 | 16,588 | ||
| NET ASSETS | 10 | E763,223 | E876,367 | ||
| FUNDS | |||||
| Unrestricted General |
11 | 244,160 | 280,579 | ||
| Unrestricted Designated |
11 | 112,568 | 112,568 | ||
| 356,728 | 393, 147 | ||||
| Restricted Funds | 11 | 261,725 | 282,431 | ||
| Endowment Funds | 11 | 144,770 | 200,789 | ||
| TOTAL FUNDS | 11 | €763,223 | 2876,367 |
| DONATIONS AND LEGACIES | ||||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Unrestricted | ||||||
| Section of the Americas: | ||||||
| Operating Fund | 73,976 | 51 ,683 | ||||
| Friends and Meetings | 5,608 | 3,725 | ||||
| 79,584 | 55,408 | |||||
| Asia-West Pacific Section | 12,176 | 11 ,923 | ||||
| Europe and Middle East Section: Britain Yearly Meeting |
63,701 | 63,701 | ||||
| Friends and Meetings | 25,205 | 31 ,998 | ||||
| Trust Funds (Great Britain) | 2,040 | 1 ,600 | ||||
| 90,946 | 97,299 | |||||
| 182,706 | 164,630 | |||||
| Restricted | ||||||
| Sustainability Officer (BYM gift in kind) | 7,906 | 13,456 | ||||
| World Plenary | 9,587 | 4,394 | ||||
| Relief Fund Appeals | 1 ,965 | 1,881 | ||||
| 19,458 | 19,731 | |||||
| TOTAL | 202,164 | El 84,361 |
| ncluded within donations and legacies are | the following gran | ts received from | charitable or | ganisation |
|---|---|---|---|---|
| Total | Total | |||
| General | Restricted | Funds | Funds | |
| Funds | Funds | 2022 | 2021 | |
| Britain Yearly Meeting (main grant) William P Bancroft Charitable Trust |
63,701 2,040 |
63,701 2,040 |
77,157 1,765 |
|
| Westcroft Trust | 1 ,600 | |||
| €65,741 | ENil | €65,741 | E80,522 |
| 3. | INVESTMENT INCOME | Unrestricted | Restricted | Endowment | Total | Total |
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2022 | 2021 | ||
| Dividends and interest | ,492 | E12,502 | 2,775 | 22,769 | El 5,698 |
| Of the E 15,698 recognised in 2021, E4,75 endowment funds. |
Of the E 15,698 recognised in 2021, E4,75 endowment funds. |
6 related to | unrestricted fun | ds, E7,818 to r | estricted fund | s and E3, 1 | |
|---|---|---|---|---|---|---|---|
| 4. | TOTAL RESOURCES EXPENDED | Raising | Charitable | Governance | 2022 | 2021 | |
| Funds | Activities | Costs | Total | Total | |||
| Salaries and Related Costs | 5,434 | 107,324 | 2,717 | 115,475 | 125,070 | ||
| Office Management | 22,042 | 22,042 | 34,823 | ||||
| Information Technology and | |||||||
| Communications | 6,390 | 6,390 | 17,090 | ||||
| Travel in the Ministry | 11,010 | 11,010 | 3,303 | ||||
| International Membership | Committee | 2,126 | 2,126 | 2,800 | |||
| Literature and Publications | 12,190 | 12,190 | 10,158 | ||||
| Quaker United Nations Committees | 2,328 | 2,328 | 2,148 | ||||
| Grants to Institutions | 16,772 | 16,772 | 13,500 | ||||
| Central Executive Committee | 32,938 | 32,938 | 416 | ||||
| Investment Management | Charges | 3,260 | 3,260 | 4, 136 | |||
| Auditors' Remuneration- | Audit services | 3,660 | 3,660 | 3,660 | |||
| - | Non-audit | ||||||
| Legal Fees | 35 | ||||||
| Consultancy Fees | 9,301 | ||||||
| Foreign Exchange (Gain) | / Loss | (3,146) | (3,146) | (3,306) | |||
| Relief Fund Appeals | 1 ,986 | 1 ,986 | 1 ,421 | ||||
| Total 2022 | E8,694 | E180,022 | €39,315 | E228,031 | E231 , 167 |
||
| Total 2021 | E20,050 | 203,735 | E7,382 | 231,167 |
| restricted funds and E3,113 was charged to endowment f | unds. | |
|---|---|---|
| STAFF COSTS AND NUMBERS | 2022 | 2021 |
| Salaries and Wages | 92,720 | 114,424 |
| Social Security Costs | 4,111 | 6,955 |
| Employer Pension Contributions | 7,070 | 5,276 |
| Pension DeficitAdjustment | (3,694) | (9,853) |
| Fixed Contract Staff (Freelancers) | 10,488 | 10,708 |
| EIIO,695 | E127,510 |
| The average number of employees during the year, calculated was 2.6 (2021: 2.7). |
on the basis of full time equivalents, |
|---|---|
| FIXED ASSETS | Office |
| Equipment | |
| 2022 | |
| Cost | |
| At 1 January 2022 | 3,247 |
| Additions in year | |
| At December2022 | 3,247 |
| Depreciation At 1 January 2022 |
1 ,624 |
| Charge for the year | 812 |
| At December2022 | 2,436 |
| Net bookvalue at 31 December2022 | 811 |
| Net book value at 31 December2021 | 1 ,623 |
| 7. | INVESTMENTS | 2022 | 2021 | Of the |
| Listed Investments: Market value brought forward |
791,171 | 585,173 | €86,7 03 |
|
| Additions at cost Disposals at opening market value |
151,967 (168,382) |
441 ,918 (305,657) |
recog nised in |
|
| Foreign exchange gains/(losses) Unrealised (loss)/gains on revaluation |
53,100 (150,195) |
7,003 62,734 |
2021, €35,8 |
|
| Market value carried forward Cash held for investment |
677,661 4,030 |
791,171 6,096 |
53 relate d to |
|
| Total market value of investments | €681 ,691 | E797,267 | unres tricted |
|
| funds, | ||||
| Historical cost carried forward | E683,624 | E645,558 | E33,2 | |
| Investment (loss)/qains: Unrealised (loss)/gains on revaluation |
(150,195) | 62,734 | 72 to restric ted |
|
| Realised (loss)/gains on disposal | (13,557) | 17,255 | funds | |
| Foreign exchange gain | 53,706 | 6,714 | and | |
| E86,703 | E17,5 78 to |
|||
| endo | ||||
| wment funds. | ||||
| 8. | DEBTORS | 2022 | 2021 | |
| Amounts falling due within one year: | ||||
| Section accounts | 17,608 | 25,077 | ||
| Other debtors | 601 | 2,490 | ||
| 18,209 | 27,567 | |||
| Amounts falling due after more than one year: | ||||
| Section of theAmericas | 3,710 | |||
| El 8,209 | €31 ,277 | |||
| 9. | CREDITORS | 2022 | 2021 | |
| Amounts falling due within oneyear: | ||||
| Taxation and social security | 9,402 | 6,769 | ||
| Other creditors and accruals | 11,602 | 7,260 | ||
| €21,004 | E14,029 | |||
| Amounts falling due aftermorethan one year: | ||||
| Pension deficit liability | €6,141 | €16,588 |
| Unrestricted | Restricted | Endowment | Total | |
|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |
| Tangible fixed assets | 811 | 811 | ||
| Fixed asset investments | 237,317 | 299,604 | 144,770 | 681 ,691 |
| Net current assets | 124, | (37 ,879) | 88,862 | |
| Non-current liabilities | (6,141) | (6,141) | ||
| Net assets at 31 December 2022 | E356,728 | €261 ,725 | E144,770 | E765,223 |
| Unrestricted | Restricted | Endowment | Total | |
|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |
| 1 ,623 | 1 ,623 | |||
| Fixed asset investments | 258,388 | 338,090 | 200,789 | 797,267 |
| Net current assets | 149,724 | (55,659) | 94,065 | |
| Non-current liabilities | (16,588) | (16,588) | ||
| Net assets at 31 December 2021 | E393,147 | 282,431 | E200,789 | E876,367 |
| 11. | MOVEMENT IN FUNDS |
Income | Transfers | |||
|---|---|---|---|---|---|---|
| At 1.1.22 | (Incl. inv | Expenditure | (Note 13) | At 31.12.22 | ||
| loss) | ||||||
| Unrestricted Funds | ||||||
| General Funds | 280,579 | 147,210 | 182,117 | (1,512) | 244,160 | |
| Designated Funds (unrestricted) | ||||||
| World Plenary | 50,000 | 50,000 | ||||
| UN Conferences Attendance Fund | 5,967 | 5,967 | ||||
| Conference and Travel Fund | 30,122 | 30,122 | ||||
| Young Adult Friends Fund | 26,479 | 26,479 | ||||
| Total Designated Funds | 112,568 | 112,568 | ||||
| Restricted Funds | ||||||
| Quaker United Nations Work-Geneva | 1,512 | 1,512 | ||||
| World Plenary | 28,745 | 8,376 | 2,148 | 34,973 | ||
| Travel and Accommodation | 670 | 670 | ||||
| Quaker Online Sustainability | ||||||
| Conference | 5,478 | 5,478 | ||||
| Young Adult Friends Development | ||||||
| Fund | 240,891 | (22,113) | 4,800 | 213,978 | ||
| Sustainability Officer | 7,906 | 7,906 | ||||
| Future WGYF Fund | 5,000 | 5,000 | ||||
| Relief and Peace Making Fund | 1 ,647 | 1 ,965 | 1 ,986 | 1 ,626 | ||
| Total Restricted Funds | 282,431 | (3,866) | 18,352 | 1,512 | 261,725 | |
| Endowment Funds | ||||||
| Expendable Endowments: | ||||||
| C.B. TaylorTravel Bursary | 134,458 | (19,056) | 115,402 | |||
| Committee Travel | 66,331 | (9,401) | 27,562 | 29,368 | ||
| Total EndowmentFunds | 200,789 | (28,457) | 27,562 | 144,770 | ||
| Total Funds | €876,367 | El 14,887 | €228,031 | ENil | E763,223 |
| Comparative information for t | he move | ment in fun | ds in the prev | ious year is as | follows: | follows: | |
|---|---|---|---|---|---|---|---|
| Income | Transfers | ||||||
| At 1.1.21 | (Incl. gains) | Expenditure | (Note | 14) | At 31.12.21 | ||
| Unrestricted Funds | |||||||
| General Funds | 249,871 | 205,238 | 185,502 | 10,972 | 280,579 | ||
| Designated Funds (unrestricted) | |||||||
| World Plenary | 50,000 | 50,000 | |||||
| Carbon Offset | |||||||
| International Membership Ministry | |||||||
| Fund | |||||||
| IJN Conferences Attendance | Fund | 5,967 | 5,967 | ||||
| Conference and Travel Fund | 30,122 | 30,122 | |||||
| Young Adult Friends Fund | 26,479 | 26,479 | |||||
| IT and Office Refurbishment | Fund | 15,000 | 13,756 | (1 | ,244) | ||
| SeniorStaff Leave and | |||||||
| Replacement Fund | 23,725 | 12,242 | (1 1 | ,483) | |||
| Total Designated Funds | 151 ,293 | 25,998 | (12,727) | 112,568 | |||
| Restricted Funds | |||||||
| Quaker United Nations |
Work- | 393 | 2,148 | 1,755 | |||
| Geneva | |||||||
| World Plenary | 21,619 | 6,656 | (470) | 28,745 | |||
| Travel and Accommodation | 670 | 670 | |||||
| QuakerOnline Sustainability | |||||||
| Conference | 5,478 | 5,478 | |||||
| Young Adult Friends Development | |||||||
| Fund | 202,063 | 38,828 | 240,891 | ||||
| SustainabilityOfficer | 13,456 | 13,456 | |||||
| Future WGYF Fund | 5,000 | 5,000 | |||||
| Relief and Peace Making Fund | 1,186 | 1 ,881 | 1 ,420 | 1 ,647 | |||
| TotalRestricted Funds | 236,409 | 60,821 | 16,554 | 1 | ,755 | 282,431 | |
| Endowment Funds | |||||||
| Expendable Endowments: | |||||||
| C.B. Taylor Travel Bursary | 123,229 | 1 3,926 | 2,697 | 134,458 | |||
| Committee Travel | 59,970 | 6,777 | 416 | 66,331 | |||
| Total Endowment Funds | 183,199 | 20,703 | 3,113 | 200,789 | |||
| Total Funds | €820,772 | E286, 762 | €231,167 | 2876,367 |
| The total minimum lease payments due | under non-canc | ellable | operating l | eases are as | follows | : |
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Land and | Land and | |||||
| Buildings | Other | Buildings | Other | |||
| Due within: | ||||||
| One year One to five years |
13,628 | 1 3,628 | 1 ,477 | |||
| Total minimum lease payments | El 3,628 | ENil | E13,628 | El ,477 |