2021-12-31-accounts - Christian Publishing And Outreach

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		Page
Reference and administrative details ofthe Charity,	its Trustees and advisers
Trustees' report		2-8
Trustees' responsibilities statement
Independent auditors' report on the financial statements		10 - 14
Consolidated statement offinancial activities		15
Consolidated balance sheet		16
Charity balance sheet		17-18
Consolidated statement ofcash flows		19
Notes to the financial statements		20-38

Trustees		Mr M Elms, Chair
		Mrs CJ Breuning	(resigned				25 October 2022)
		Rev TW Russoff	(resigned			25 October 2022)
		Rev SAllaby
		Mrs RJ Steeden	(resigned			22 October 2021)
		Mrs ASAllchorn	(appointed				17June 2021,			resigned 25		October 2022)
		Mr RJames (appointed			4 October			2021)
		Mr T H Rayner (resigned 31					January		2022)
		Mr SSmith (appointed			8June 2022)
Charity registered
number		221462
Principal office		BizSpace Littlehampton
		50 Courtwick Lane
		Littlehampton
		West Sussex
		BN17 7TL
Registered		Suite 1 Branbridges		Industrial			Estate
office		Branbridges Road
		East Peckham
		Tonbridge
		TN12 5HF
Chief executive officer		Mr AJ Hare (resigned			31 October			2022)
Other key management		Mr P TArkinstall,	Chief		Partnership				Officer	(transferred		to Yeomans Press Ltd
personnel		1 July 2022)
		Mr SSmith, Chief	Creative			Officer		(transferred			to Yeomans Press Ltd		1 May 2022)
Independent	auditors	Kreston Reeves LLP
		Chartered Accountants
		9 Donnington Park
		85 Birdham Road
		Chichester
		West Sussex
		PO20 7AJ
Bankers		Barclays Corporate
		PO Box165
		Crawley
		West Sussex
		RH10 1YX
Solicitors (Property)		Bate 8 Albon Solicitors
		4-8 Broadwater Street			East
		Worthing
		West Sussex
		BN14 9AA
Solicitors (General)		Edward Connor Solicitors
		39The Point
		Market Harborough
		Leicestershire
		LE167QU

						Total
				Unrestricted	Total	funds
				funds	funds	2 months
				Year ended	Year ended	ended
				31 December	31 December	31 December
				2021	2021	2020
			Note
Income from:
Donations and	legacies			7,096	7,096	1,878
Charitable activities				1,603,977	1,603,977	310,784
Total income				1,611,073	1,611,073	312,662
Expenditure on:
Raising funds				38,226	38,226	6,403
Charitable activities				1,703,705	1,703,705	241,939
Total expenditure				1,741,931	1,741,931	248,342
Net movement	in funds			(130,858)	(130,858)	64,320
Reconciliation	offunds:
Total funds brought		forward		187,595	187,595	123,275
Net movement	in funds			(130,858)	(130,858)	64,320
Total funds carried forward				56,737	56,737	187,595

										2021		2020
							Mote
Fixed assets
Tangible assets										111,263		170,871
										111,263		170,871
Current assets
Stocks							14	41,723			30,653
Debtors							15	178,426			105,398
Cash at bank and in hand								44,599			243,357
								264,748			379,408
Creditors: amounts	falling	due within one
year							16	(252,402)			(274,922)
Net current assets										12,346		104,486
Total assets less current		liabilities										275,357
Creditors: amounts	falling	due after more
than one year							17			(66,872)		(87,762)
Net assets excluding pension asset										56,737		187,595
Total net assets										56,737		187,595
Charity funds
Restricted funds							19
Unrestricted funds							19			56,737		187,595
Total funds										56,737		187,595
The Trustees consider that			the company	is entitles to exemption					from the requirement		to have an audit	under the
provisions ofsection 477		ofthe Companies			Act		2006 ("the Act") and members have				not required the company to
obtain an audit for	the 12month period			in	question			in accordance with section 476 ofthe Act. However,				an audit
is required in accordance		with section 151			of	the Charities Act2011.The				company's	financial statements were
prepared in accordance		with the provisions				applicable to companies subject to the small companies regime.
The Trustees acknowledge			their responsibilties				for	complying	with the	requirements	of the Act with respect ta
aocounting records	and the		preparation	of	financial statements.

						2021		2020
				Note
Fixed assets
Tangible assets				12		111,263		170,871
Investments				13		1		1
						111,264		170,872
Current assets
Stocks				14	41,723		30,653
Debtors				15	111,555		63,158
Cash at bank and	in hand				38,576		202,427
					191,854		296,238
Creditors: amounts	falling		due within one
year				16	(217,074)		(254,247)
Net current liabilities		Iassets				(25,220)		41,991
Total assets less	current		liabilities			86,044		212,863
Creditors: amounts	falling		due after more
than one year				17		(66,872)		(87,762)
Net assets excluding		pension asset				19,172		125,101
Total net assets						19,172		125,101
Charity funds
Restricted funds				19
Unrestricted funds				19		19,172		125,101
Total funds						19,172		125,101

For the year ended 31 De	cember 2021
				2 months
			Year ended	ended
			31	31
			December	December
			2021	2020
				F
Cash flows from operating	activities
Net cash used in operating	activities		(163,911)	79,978
Cash flows from investing	activities
Purchase oftangible fixed assets			(5,916)
Net cash (used in)/provided by investing		activities	(5,916)
Cash flows from financing	activities
Repayments of borrowing			(3,333)
Repayments offinance leases			(25,598)	(6,118)
Net cash used in financing	activities		(28,931)	(6,118)
Change in cash and cash	equivalents in	the year	(198,758)	73,860
Cash and cash equivalents	at the beginning	ofthe year	243,357	169,497
Cash and cash equivalents	at the end of	the year	44,599	243,357
The notes on pages 20 to 38 form part ofthese financial statements

			Total
	Unrestricted	Total	funds
	funds	funds	2 months
	Year ended	Year ended	ended
	31	31	31
	December	December	December
	2021	2021	2020
			F
Donations	7,096	7,096	1,878
Total 2020	1,878	1,878

						Total
				Unrestricted	Total	funds
				funds	funds	2 months
				Year ended	Year ended	ended
				31	31	31
				December	December	December
				2021	2021f	2020
Income from charitable	activities -Printing,	publishing,	digital
and creative				1,603,977	1,603,977	310,784
Total 2020				310,784	310,784

			Total
	Unrestricted	Total	funds
	funds	funds	2 months
	Year ended	Year ended	ended
	31	31	31
	December	December	December
	2021	2021	2020
			F
Marketing	38,226	38,226	6,403
Total 2020	6,403	6,403

			Unrestricted		Total
			funds	Total	2 months
			Year ended	Year ended	ended
			31	31	31
			December	December	December
			2021	2021	2020
Printing,	publishing,	digital and creative	1,700,972	1,700,972	241,939
Direct costs - Activity		3	2,733	2,733
			1,703,705	1,703,705	241,939
Total 20	20		241,939	241,939

							Total
			Staff costs	Depreciation	Other costs	Total	2 months
			Year ended	Year ended	Year ended	Year ended	ended
			31	31	31	31	31
			December	December	December	December	December
			2021	2021	2021	2021	2020
							F
Printing,	publishing,	digital and
creative			565,969	65,525	1,069,478	1,700,972	241,939
Direct costs - Activity		3			2,733	2,733
			565,969	65,525	1,072,211	1,703,705	241,939
Total 2020			90,280	10,832	140,827	241,939

			Activities			Total
			undertaken	Support	Total	funds
			directly	costs	funds	2 months
			Year ended	Year ended	Year ended	ended
			31	31	31	31
			December	December	December	December
			2021	2021	2021	2020
Printing,	publishing,	digital and creative	1,263,253	437,719	1,700,972	241,939
Direct costs - Activity		3	2,733		2,733
			1,265,986	437,719	1,703,705	241,939
Total 2020			164,540	77,399	241,939

		Printing,
		publishing,
		digital and			Total
		creative-		Total	funds
		Direct costs	Activity 3	funds	2 months
		Year ended	Year ended	Year ended	ended
		31	31	31	31
		December	December	December	December
		2021	2021	2021	2020
					F
Staff costs		476,565		476,565	79,176
Other direct costs		786,477		786,477	85,364
Charitable	Donations	211	2,733	2,944
		1,263,253	2,733	1,265,986	164,540
Total 2020		164,540		164,540

				Printing and		Total
				publishing-	Total	funds
				Direct costs	funds	2 months
				Year ended	Year ended	ended
				31	31	31
				December	December	December
				2021	2021	2020
						F
Staff costs				89,404	89,404	11,104
Depreciation				65,525	65,525	10,832
Office costs				174,932	174,932	31,782
Repairs, renewals		and equipment	hire	5,149	5,149	1,255
Finance costs				24,812	24,812	10,245
Legal and professional				62,354	62,354	8,830
Marketing				49	49	49
Governance	costs			15,494	15,494	3,302
				437,719	437,719	77,399
Total 2020				77,399	77,399

								2 months
							Year ended	ended
							31	31
							December	December
							2021	2020
								F
Fees payable	to the	Charity's		auditor	for the audit ofthe Charity's	annual
accounts							11,000
Fees payable	to the	Charity's		auditor	in respect of:
Independent	examination		services					2,260
Other accountancy		services					4,494	1,000

					Group		Charity
				Group	2 months	Charity	2 months
				Year ended	ended	Year ended	ended
				31	31	31	31
				December	December	December	December
				2021	2020	2021	2020
							F
Wages and	salaries			496,430	79,447	453,845	72,298
Social security costs				41,067	6,533	41,067	6,533
Contribution	to defined	contribution	pension
schemes				28,472	4,300	28,472	4,300
				565,969	90,280	523,384	83,131

		Group		Charity
	Group	2 months	Charity	2 months
	Year ended	ended	Year ended	ended
	31	31	31	31
	December	December	December	December
	2021	2020	2021	2020
	No.	No.	No.	No.
Total	21	21	21	21

	Long-term
	leasehold	Plant and	Fixtures and	Computer
	property	machinery	fittings	equipment	Totalf
Cost or valuation
At 1 January 2021	76,406	430,229	5,214	44,061	555,910
Additions		5,150		766	5,916
At 31 December 2021	76,406	435,379	5,214	44,827	561,826
Depreciation
At 1 January 2021	17,395	338,662	4,197	24,785	385,039
Charge for the year	7,696	43,785	502	13,541	65,524
At 31 December 2021	25,091	382,447	4,699	38,326	450,563
Net book value
At 31 December 2021	51,315	52,932	515	6,501	111,263
At 31 December 2020	59,011	91,567	1,017	19,276	170,871

	The financial	results ofth	e subsidiary for t	he year were:
	Name			Income	Expenditure Profit/(Loss) / Surplus/			Net assetsf
							(Deficit) for
							the year
	Funeral Service Journal		Ltd (Formerly	239,373		(202,245)	37,128	37,566
	Heritage Studios Limited)
14.	Stocks
				Group		Group	Charity	Charity
					2021	2020	2021	2020
								F
	Finished goods and goods for resale			41,723		30,653	41,723	30,653
15.	Debtors
				Group		Group	Charity	Charity
					2021	2020	2021f	2020
	Due within one year
	Trade debtors			146,883		70,407	95,196	29,553
	Other debtors					20,413		20,413
	Prepayments	and accrued income		31,543		14,578	16,359	13,192
				178,426		105,398	111,555	63,158

				Group	Group	Charity	Charity
				2021	2020	2021	2020
					E		F
Bank loans				10,000	10,000	10,000	10,000
Trade creditors				111,509	58,152	99,972	55,953
Amounts owed to group undertakings						8,245	32,094
Other taxation and	social security			34,470	27,067	28,527	24,009
Obligations under finance lease and hire
purchase contracts				17,556	25,597	17,556	25,597
Other creditors				160	2,000		1,744
Accruals and deferred income				78,707	152,106	52,774	104,850
				252,402	274,922	217,074	254,247
				Group	Group	Charity	Charity
				2021	2020	2021f	2020
Deferred income at		1 January 2021		50,258	50,020	23,880	23,880
Resources deferred		during the year		24,755	238
Amounts released	from previous		periods	(50,258)		(23,880)
				24,755	50,258		23,880

			Group	Group	Charity	Charity
			2021	2020	2021	2020
				E		F
Bank loans			36,667	40,000	36,667	40,000
Net obligations		under finance lease and	hire
purchase	contracts		30,205	47,762	30,205	47,762
			66,872	87,762	66,872	87,762
Included within		the above are amounts	falling due as follows:

Included within the above are amounts fal	ling due as follows:
	Group	Group	Charity	Charity
	2021	2020	2021f	2020
Between one and two years
Bank loans	10,000	10,000	10,000	10,000
Between two and five years
Bank loans	26,667	30,000	26,667	30,000

						Group	Group	Charity	Charity
						2021	2020	2021	2020
									F
Financial	assets
Financial	assets	measured	at	amortised	cost	44,599	243,357	38,576	202,427

Statemen	t of	funds	-current year
							Balance at
				Balance at 1			31
				January			December
				2021	Income	Expenditure	2021f
Unrestricted		funds
General	Funds - all		funds	187,595	1,611,073	(1,741,931)	56,737
Statement of		funds	- prior year
							Balance at
				Balance at			31
				1 November			December
				2020	Income	Expenditure	2020
						F
Unrestricted		funds
Reserves				123,275	312,662	(248,342)	187,595

Summary	offunds	-current year
						Balance at
			Balance at 1			31
			January			December
			2021	Income	Expenditure	2021
General funds			187,595	1,611,073	(1,741,931)	56,737
Summary	offunds	-prior year
						Balance at
			Balance at			31
			1 November			December
			2020	Income	Expenditure	2020
					F	F
General funds			123,275	312,662	(248,342)	187,595

Analysis	ofn	et assets between funds - current year
			Unrestricted	Total
			funds	funds
			2021	2021f
Tangible	fixed	assets	111,263	111,263
Current	assets		264,748	264,748
Creditors	due	within one year	(282,607)	(282,607)
Creditors	due	in more than one year	(36,667)	(36,667)
Total			56,737	56,737

Analysis	ofn	et assets between funds -prior year
			Unrestricted	Total
			funds	funds
			2020	2020
			F
Tangible	fixed	assets	170,871	170,871
Current	assets		379,408	379,408
Creditors	due	within one year	(274,922)	(274,922)
Creditors	due	in more than one year	(87,762)	(87,762)
			187,595	187,595

For t	he year ended 31	Dece	Dece	mber 2021	mber 2021	mber 2021
22.	Reconciliation of	net		movement			in funds		to	net	cash	flow	from operating		activities
																Group
															Group	2 months
															Year ended	ended
															2021	2020
																F
	Net income/expenditure				for	the	year	(as		per	Statement		of	Financial
	Activities)														(130,858)	64,320
	Adjustments for:
	Depreciation charges														65,524	10,833
	Increase in stocks														(13,803)	(346)
	Decrease/(increase)		in debtors												(89,245)	66,138
	Increase/(decrease)		in	creditors											1,738	(60,966)
	Net cash provided	by/(used				in)	operating		activities						(166,644)	79,979
23.	Analysis ofcash	and		cash equivalents
															Group	Group
															2021f	2020
	Cash in hand														44,599	243,357
	Total cash and cash equivalents														44,599	243,357
24.	Analysis ofchanges			in	net debt
												At 1			Other non-	At 31
											January				cash	December
												2021	Cash flows		changes	2021
	Cash at bank and	in	hand								243,357			(198,758)		44,599
	Debt due within 1 year										(10,000)			3,333	(3,333)	(10,000)
	Debt due after 1 year										(40,000)				3,333	(36,667)
	Finance leases										(73,359)			25,598		(47,761)
											119,998			(169,827)		(49,829)

Operating lease commitments	Operating lease commitments
At 31 December 2021 the Group		and the	Charity	had no commitments to make future minimum				lease
payments	under non-cancellable	operating	leases	as follows:
				Group	Group	Charity		Charity
				2021	2020	2021		2020
								F
Not later than 1 year				24,193	50,000	24,193		50,000
Later than	1 year and not later than 5years				75,000			75,000
				24,193	125,000	24,193	125,000