##
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##
||||Page|
|---|---|---|---|
|Trustees and Directors|Annual|Report|1-5|
|Report of the Auditors|||6-7|
|Statement
of Financial|Activities and Income and Expenditure||8|
|Balance Sheet|||9|
|Notes to the Accounts|||10-21|
##
##
##
|Chair||||Louise Mackenzie|||resigned||26.5.2021|||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Stephanie
Holloway|||appointed||26.9.2021 resigned||21.12.2021|
|||||Conrad Aldridge|||appointed||13.2.2022 resigned||27.7.2022|
|||||Lorna Dowson-Collins|||appointed||29.7.2022|||
|Regional|chairs|||||||||||
|||South East||Noura
Hardy|||resigned||30.8.2021|||
|||||Lorna Dowson-Collins|||appointed||22.9.2021|||
|||East Anglia||Hassanah
Wilson|||appointed||17.3.2021|||
|||South West||Elissa Mood|||appointed||17.1.2021|||
|||North||Renee Santosa|||resigned||26.9.2021|||
|||Scotland||Morgan
Petrie|||resigned||2.8.2021|||
|||Scotland|3, NE England|Mirabelle
Viviana|Scott||appointed||27.11.2021|||
|||London||||||||||
|||Thames|Valley|John Michell|||resigned|27.11 2021||||
|The Trustees||comprise|the National|Council Chair and the Regional Chairs.
All|||||Trustees are members||of National|
|Council and||are also|the Directors ofthe company.|||||||||
|The National||Executive officers during the year and in the|||period||to the date ofapprove of the accounts were:|||||
|Executive|Chair|||Susannah
Bolt|||resigned|28.2.2022||||
|National|secretary|||Magda Salem|||resigned|31.10.2021||||
|National|secretary|||Donald
Rust|||appointed||19.10.2021 resigned||18.04.2022|
|National|secretary|||Magda Salem|||appointed||1.6.2022|||
|National|treasurer|||Aleena
Flanders||||||||
|Other officers during|||the year were:|||||||||
|Committee||Councillor||Lucy Houbart|||appointed||9.1.2021 resigned|1.3.2022||
|Committee||Councillor||Rashid Rogers|||appointed||1.4.2022|||
|Archivist||||Solihin Garrard||||||||
|BANKERS||||CAF Bank Ltd||||||||
|||||25 Kings
I lill Avenue,||Kings|Hill, West Mailing,
Kent ME19 4JQ|||||
|AUDITORS||||Thomas Westcott|LLP|||||||
|||||Timberly,
South Street, Axminster,
Devon, EX135AD||||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Restricted|Total Funds|Tota|I Funds|
|---|---|---|---|---|---|---|---|---|
||||Note|Funds|Funds|2021||2020|
|INCOME AND ENDOWMENTS|||||||||
|Incoming resources
from generated||funds|||||||
|Donations and legacies||||182,566|182,000|364,566|346,408||
|Other trading
activities||||0||0||160|
|Investment
income||||676||676||1,794|
|Incoming
resources
from charitable||activities||159,489|-1,970|157,519||147,227|
|Total incoming
resources||||342,731|180,030|522,761|495,589||
|EXPENDITURE|||||||||
|Charitable
activities||||358,796|20,754|379,550|323,074||
|Total resources expended||||358,796|20,754|379,550|323,074||
|Net incoming
resources before transfers||||-16,065|159,276|143,211||172,515|
|TRANSFERS|||||||||
|Gross transfer between
funds||||5.015|-5,015||||
|NET INCOME (EXPENDITURE) FOR THE||YEAR||-I 1,050|154,261|143,211||172,515|
|OTHER RECOGNISED GAINS|||||||||
|Gains (losses) on investment|assets|||-1,470|4,700|3,230||-311|
|NET MOVEMENT
IN FUNDS||||-I2,520|158,961|146,441||172,204|
|RECONCILIATION
OF FUNDS|||||||||
|Total funds brought
forward||||960,937|1,580,342|2,541,279|2,369,075||
|Total funds carried forward|||18|f948,417|E1,739,303|K2,687,720|Z2,541,279||
||||Note|2021|2020|
|---|---|---|---|---|---|
|FIXED ASSETS||||||
|Tangible assets|||10|1,901,479|1,923,454|
|Investments|||11|52,989|49,759|
|||||1,954,468|1,973,213|
|CURRENT ASSETS||||||
|Debtors|||13||700|
|Cash at bank and|in|hand|14|775,930|630,762|
|||||775,930|631,462|
|CREDITORS: amounts||falling due||||
|within one year|||15|-i 1,062|-29,809|
|NET CURRENT ASSETS||||764.868|601,653|
|TOTAL ASSETS I.ESS|CURRENT|||||
|LIA BILITIES||||2,719,336|2,574,866|
|CREDITORS: amounts||falling due||||
|after more than one||year|16|-31,616|-33,587|
|NET ASSETS||||2,687,720|2,541,279|
|THE FUNDS OF THE|CHARITY|||||
|Unrestricted
income||funds||948,417|960,937|
|Restricted income|funds|||1,739,303|1,580.342|
||||18|2,687,720|2,541,279|
|1.|GENERAL INFORMATION|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||The charity
isa private company
limited
by guarantee,
registered
in England
8, Wales|||||and||a|registered|||charity|in|
||England
Ik Wales as well as Scotland.|||||||||||||
||The address of the registered
office is:|||||||||||||
||51 High Street, Arundel.
West Sussex, 8N18 9AJ|||||||||||||
||ACCOUNTING
POLICIES|||||||||||||
||Accounting
conventions
and basis of preparation|||||||||||||
||The accounts have been prepared
in accordance
with:|||||||||||||
||(a) FRS102, 'The Financial Reporting Standard
applicable
in the UK and the|Republic||of Ireland',||||||the Statement|||of|
||Recommended
Practice applicable
to charities
preparing
their accounts|in accordance||||||with Financial||||Reporting||
||Standard
in the
UK and Republic of Ireland
(FRS 102) (Charities
SORP (FRS102))|||||||||||||
||(b) The Charities Act 2011|||||||||||||
||(c) the historic cost basis ofaccounting,
as modified
by the revaluation
of|certain|financial|||||assets|||and liabilities|||
||measured
at fair value through
income and expenditure.|||||||||||||
||The financial statements
are prepared
in Sterling which
is the functional
currency||of|the entity.||||||||||
||Fund accounting|||||||||||||
||Unrestricted
funds are available
for use at the discretion ofthe Trustees
in furtherance|||||of|the|||||||
||general objectives of the charity.|||||||||||||
||Designated
funds are unrestricted
funds earmarked
by the Trustees for particular||purposes.|||||||||||
||Restricted
funds are subjected to restrictions
on their expenditure
imposed|by the|donor||||or through|||||||
||the terms of an appeal.|||||||||||||
||Incoming
resources|||||||||||||
||All incoming
resources are included
in the Statement
of Financial
Activities|when|the||charity||||is|||||
||legally entitled
to the income and the amount can be quantified
with reasonable||accuracy.||||||The|||||
||following specific policies are applied
to particular
categories ofincome:|||||||||||||
||-Voluntary
income
is received
by way of donations,
gifts and grants and
is included||||in full|||in||||||
||the Statement
of Financial
Activities. Grants where entitlement
is not conditional||on|the delivery||||||||||
||ofa specific performance
ofthe charity are recognised
when the charity becomes|||||||||||||
||unconditionally
entitled to the grant.|||||||||||||
||—Investment
income
is included
when receivable.|||||||||||||
||—No amounts
are included
in the financial statements
for services donated|by volunteers.||||||||||||
||Resources expended|||||||||||||
||All expenditure
is accounted
for on an accrual basis. Expenditure
includes|any VAT||which||||||||||
||cannot be recovered,
and
is reported
as part of the expenditure
to which|it relates.||The||||||||||
||following
specific policies are applied
to particular categories of expenditure:|||||||||||||
||—Charitable
expenditure
comprises those costs incuned
by the charity in the delivery|||||of|its|||||||
||activities and services for its beneficiaries.
It includes
both costs that can be allocated|||||||||||||
||directly to such activities and those costs ofan indirect nature necessary to support|||them.||||||||||
||—Governance
costs include those costs associated
with meeting
the constitutional|||and||||||||||
||statutory
requirements
of the charity and include
the audit fees and costs linked to the|||||||||||||
||strategic management
of the charity.|||||||||||||
||Operating
leases|||||||||||||
||Rentals payable
under operating
leases are charged against income on a straight
line basis||||||||over the|||||
||lease term.|||||||||||||
||Consolidation|||||||||||||
||The company and
its subsidiary
comprise a small group. The company
has|therefore|||taken|||advantage||||||
||of the exemption
conferred
by S248 of the Companies
Act 1985not to prepare group|||||accounts.||||||||
||Cash flow|||||||||||||
||The accounts do not include a cash flow statement
because the company,|as a|small|||reporting|||||entity,|||
||is exempt
from the requirements
to prepare
such a statement
under Financial
Reporting||||||Standard|||||||
||102Section
IA for smaller entities.|||||||||||||
|Tangible fixed assets||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Depreciation
is provided
at rates calculated
to write off the cost less residual value of||||each|||asset|over its||||
|expected
useful life. Depreciation
of freehold
properties
is provided
at
I'7o of the cost.||||||||||||
|Amortisation
calculated
by reference
to the unexpired|portion of|leases of the|leasehold||properties||||is|||
|charged
to the property
fund.||||||||||||
|Tax recoverable||||||||||||
|Tax recoverable
relating to Gift Aid income
is taken into account||in the year in|which|it is|received.|||||||
|Valuation
of investments||||||||||||
|Investments
held as fixed assets are shown at current valuation:||||||||||||
|Going concern||||||||||||
|There are no material
uncertainties
about the charity's|ability to continue.|||||||||||
|Judgements
and key sources of estimation
uncertainty||||||||||||
|The preparation
of the financial statements
requires management||to make judgements,|||estimates.||||and assumptions|||
|that affect the amounts
reported.
These estimates and|judgements|are continually
reviewed|||||and|are based on||||
|experience
and other factors, including
expectations|of future events that are||believed
to|||be reasonable||||under the||
|circumstances.||||||||||||
|Accounting
estimates
and assumptions
are made concerning
the||future and,|by their|very||nature||will rarely equal||||
|the related actual outcome.||||||||||||
|Financial
instruments||||||||||||
|A financial asset ora financial
liability
is recognised
only when the||company
becomes a|||party to|||the contractual||||
|provisions
of the instrument.||||||||||||
|Basic financial
instruments
are initially recognised at the transaction
price, unless the arrangement||||||||constitutes a financing||||
|transaction,
where
it is recognised at the present value|ofthe future payments||discounted|||at a market rate of||||||
|interest
for a similar debt instrument.||||||||||||
|Debt instruments
are subsequently
measured
at amortised
cost.||||||||||||
|Financial assets that are measured
at cost or amortised|cost are reviewed
for objective evidence|||||||of impairment||||
|at the end ofeach reporting date. Ifthere
is objective|evidence of impairment.||an impairment
loss||||||is recognised||in|
|profit or loss immediately.||||||||||||
|Limited by Guarantee||||||||||||
|Subud
Britain is a company
limited
by guarantee
and|accordingly|does not hove any||share|||capital.|||||
|Every member ofthe company
undertakes
to contribute
such amount
as may|||be required||||not exceeding|||F.I, to the||
|assets of the charitable
company
in the event of it being wound
up while he or she is a member,||||||||or|within|one year||
|after he or she ceased to be a member.||||||||||||
##
|3.|INCOMING
AND ENDOWMENTS|INCOMING
AND ENDOWMENTS|INCOMING
AND ENDOWMENTS|INCOMING
AND ENDOWMENTS|||||
|---|---|---|---|---|---|---|---|---|
||2021|||||Unrestricted|Restricted|Total Funds|
|||||||Funds|Funds|2021|
||Incoming resources|||from generated|funds||||
||Donations and||legacies||||||
||Gift Aid donations|||||105,515||105,515|
||Other donations|||||46,428|182,000|228,428|
||Grants|||||30,623||30,623|
|||||||182,566|182,000|364,566|
||Other trading|activities|||||||
||Fund raising||||||||
||Investment
income||||||||
||Interest|||||676||676|
|||||||676||676|
||Incoming
resources|||from charitable|activities||||
||Congress|||||4,483||4.483|
||Hall letting|||||140,402||140,402|
||Other income|||||14.604|-1,970|12,634|
|||||||159,489|-1,970|157,519|
||Totallncoming||Resources|||2342,731|EI80,030|E522,761|
||2020|||||Unrestricted|Restricted|Total Funds|
|||||||Funds|Funds|2020|
||Incoming
resources|||from geneFated|funds||||
||Donations and||legacies||||||
||Giff Aid donations|||||I 16,475||116,475|
||Other donations|||||194,599||194,599|
||Grants|||||35,334||35,334|
|||||||346,408||346.408|
||Other trading|aciivities|||||||
||Fund raising|||||160||160|
|||||||160||160|
||Investment
income||||||||
||Interest|||||1,176|618|1,794|
|||||||1,176|618|1,794|
||Incoming
resources|||from charitable|activities||||
||Congress|||||||0|
||Hall letting|||||141,180||141,180|
||Other income|||||5,245||6,047|
|||||||I46,425||147,227|
||Total Incoming|Resources||||2494,169|E1,420|E495,589|
|4.|CHARITABLE ACTIVITIES|CHARITABLE ACTIVITIES||||||
|---|---|---|---|---|---|---|---|
||2021|||Notes|Unrestricted|Restricted|Total Funds|
||||||Funds|Funds|2021|
||Donations:|||||||
||World Subud Association||8, Zonal|||||
||contributions||||44,500||44,500|
||Susila Dharma||||250||250|
||||||44,750||44,750|
||Property;|||||||
||Insurance||||14,528||14,528|
||Repairs
8, maintenance||||88,352||88,352|
||Professional
fees||||8,367||8,367|
||Cleaning||||7,090||7,090|
||Light 8, heat||||26,818||26,818|
||Rent||||49,980||49,980|
||Rates||||2,914||2,914|
||Water||||4,502||4,502|
||Household
8,garden||||2,383||2.383|
||Interest paid||||1,354||1,354|
||||||206,288||206,288|
||Other direct charitable||expenditure:|||||
||Bookkeeping||||765||765|
||Management
Fees||||16,069||16,069|
||Helper expenses||||3,888||3,888|
||Publications||||4,619||4,619|
||Archives||||6,163||6,163|
||Other charitable|costs|||2,488||2,488|
||Groups to Regions||||4,295||4,295|
||Groups to National||||-1,208||-1,208|
||National
office||||974||974|
||Committee
expenses||||20,648||20,648|
||Telephone||||2,774||2,774|
||Bank charges||||1,900||1,900|
||Gift Aid administration||||1,293||1,293|
||Accountancy||||9,582||9,582|
||Computer
costs||||714||714|
||Charitable
contributions||||3i5||315|
||Congress costs||||14.928||I4,928|
||SICA activities|||||352|352|
||SYA activities|||||185|185|
||SYFA activities|||||281|281|
||Depreciation
of|freehold|property|||19,936|19,936|
||||||90,207|20,754|110,961|
||Other costs||||17,551||17,551|
||Total charitable|activities|||E358.796|E20,754|E379,550|
|4.|CHARITABLE|ACTIVITIES continued|ACTIVITIES continued|ACTIVITIES continued|||||
|---|---|---|---|---|---|---|---|---|
||2020||||Notes|Unrestricted|Restricted|Total Funds|
|||||||Funds|Funds|2020|
||Donations:||||||||
||World Subud|Association||IL Zonal|||||
||contributions|||||44,500||44,500|
|||||||44,500||44,500|
||Property:||||||||
||Insurance|||||14,347||14,347|
||Repairs 8, maintenance|||||55,721||55,721|
||Professional|fees||||990||990|
||Cleaning|||||4,945||4,945|
||Light 8, heat|||||23,857||23,857|
||Rent|||||47,537||47,537|
||Rates|||||3.390||3,390|
||Water|||||6,209||6,209|
||Household
8,garden|||||2,561||2.561|
||Interest paid|||||1,486||1,486|
|||||||161,043||161,043|
||Other direct|charitable||expenditure:|||||
||Group, Regional||8, National||||||
||Committee|expenses||||13,855||13,855|
||Helper expenses|||||36||36|
||Nati on a I0f|fice||||491||491|
||Telephone|||||2,433||2,433|
||Computer
costs|||||2,514||2,514|
||Bank charges|||||1,230|60|1,290|
||Gift Aid administration|||||1,428||1,428|
||Accountancy|||||9,504||9,504|
||Bookkeeping|||||735||735|
||Congress|||||2,115||2,115|
||SICA activities|||||0|315|315|
||SYFA activities|||||0|845|845|
||SYA activities|||||0|298|298|
||SIHA grant|||||500||500|
||Publications|||||4,/71||4,971|
||Management|Fees||||28,121||28,121|
||Archives|||||6,570||6,570|
||Sundry|||||4,937|0|4,937|
||Depreciation|of|freehold|property||0|19,936|19,936|
|||||||79,440|21,454|100,894|
||Other costs|||||16,637||16,637|
||Total charitable||activities|||E301,620|E21,454|E323,074|
##
##
##
|5.|OTHER COSTS||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|||Restricted||Total Funds|Total Funds|
||||||||Funds|||Funds|2021|2020|
||Audit||||||4,429||||4,429|5,520|
||Legal and professional
fees||||||3,434||||3,434|10,254|
||Trustee meetings||||||9,687||||9,687|863|
||||||||E17,551|||EO|E17,551|Kl6,637|
|6.|TRUSTEES REMUNERATION||AND EXPENSES||||||||||
||There is no remuneration||paid to the Trustees.||||||||||
||Trustee expenses were paid where appropriate||||and|if|claimed|by individual||Trustees.|||
||During the year expenses||were paid|to 3Trustees (2020- 5)|||||||||
||||||||||||2021|2020|
||Expenses comprised:||||||||||||
||Travel||||||||||851|380|
||Meetings accommodation||||||||||160|224|
||Subud
Britain|Congress fees|||||||||||
||Other||||||||||||
||||||||||||EI,011|E604|
||||||||||||2021|2021|
|7.|STAFF COSTS||||||||||||
||Gross salaries||||||||||15,372|11,220|
||Employers
National
Insurance||||||||||0|8|
||||||||||||E15,372|E I 1,228|
||The average|number
of part time staff during|||the year||||||||
||No employees|received employee||benefits exceeding|||F60,000 during||the|year.|||
||||||||||||2021|2021|
|B.|AUDITORS REMUNERATION||||||||||||
||Fees payable|for the audit of the financial statements|||||||||5,520|5,520|
||Fees payable|to the charity's
auditor||for other|services||||||Enil|Enil|
|9.|GROSS TRANSFER BETWEEN FUNDS (see also Note IBj||||||||||||
||General
Fund||||||||||-3,411||
||Congress||||||||||8,426||
||||||||||||5,015||
##
|Summary:||||||||
|---|---|---|---|---|---|---|---|
|Freehold|property|||||1,891,929|1,913,904|
|Leasehold|property|||||9,550|9,550|
|||||||1,901.479|1,923,454|
|Freehold|property|Net book|Accumulated||Disposals|Net book|Net book|
|||value|Depreciation|Depreciation|at NBV in|value|value|
|||31-Dec-20|31-Dec-20|2021|2021|31-Dec-21|31-Dec-20|
|||b/f||||c/f|c/f|
|Barnet||12,230||-122||11,620|12,230|
|Bradford||19,246||-192||18,286|19,246|
|Canterbury||62,564|-2,504|-626||59,434|62,564|
|Central London||797,777|-31,916|-7,979||757,882|797,777|
|Hull||2,150||-22|-2,040||2,150|
|Lewes||196,945|-7,876|-1,969||187,100|196,945|
|Liverpool||5,648|-224|-56||5,368|5,648|
|Manchester||439,541|-17,580|-4,395||417,566|439,541|
|Perth||340,128|-13,604|-3,401||323,123|340,128|
|Reigate||13,862|-556|-139||13,167|13,862|
|Sheffield||2,420|-96|-24||2,300|2,420|
|Tunbridge|Wells|101,138|-4,044|-1,011||96,083|101,138|
|||1,993,649|-79,744|-19,936|-2,040|i,891,929|1,993,649|
|Leasehold
property|||||
|---|---|---|---|---|
||Bristol|Norwich|Loudwater|Total|
|Cost at 31-Dec-2020|9,549|27,700||37,249|
|Disposals|||||
|Cost at 31-Dec-2021|9,549|27,700||37,249|
|Amortisation
at 31-Dec-2020||27,699||27,699|
|Disposals|||||
|Amortisation
at 31-Dec-2021||27,699||27,699|
|Net book value at 31-Dec-2021|9,549|||9,550|
|Net book value at 31-Dec-2020|9,549|||9,550|
##
|||||2021|2020|
|---|---|---|---|---|---|
|INVESTMENTS||||||
|Unlisted
investments:||||||
|Oakenhall
Ltd||||||
|ordinary
E I shares||||15,385|15,385|
|||||15,385|15,385|
|Listed investments:||||||
|CAF Balanced|Growth||Fund|36,011|31,311|
|Asiamet Resources||Ltd||1,591|3.061|
|||||37,602|34,372|
|Subsidiary
undertaking:||||||
|The Amadeus|Centre||Ltd|||
|ordinary
E1 shares||||||
|||||52,989|49,759|
|Overall total:||||||
|Market Value|at 31-Dec-2020|||49,758|49,451|
|Additions||||556|618|
|Disposals||||||
|Net investment|gain (loss)|||2,675|-311|
|Market Value|at 31-Dec-2021|||52,989|49,758|
|Historical cost|ai 31-Dec-2021|||41,823|41,823|
##
||||||2021|2020|
|---|---|---|---|---|---|---|
|13.|DEBTORS||||||
||Trade|debtors|||||
||Other|debtors||||700|
|||||||700|
|i4.|CASH|AT BANK AND|IN HAND||||
||National accounts and Restricted|||Funds|378,407|254,772|
||Group|8, Regional accounts|||397.523|375,990|
||||||775,930|630,762|
##
|||||2021|2020|
|---|---|---|---|---|---|
|15.|CREDITORS: AMOUNTS|FALLING DUE WITHIN|ONE YEAR|||
||Bank loans (secured)|||3,324|3,324|
||Trade creditors|||1,500||
||Taxation and social security|||||
||Other creditors|||6,238|26,485|
|||||11,062|29.809|
|16.|CREDITORS: AMOUNTS|FALLING DUE AFTER MORE THAN ONE YEAR||||
||Bank loans (secured)|||31,616|33.587|
||Total Bank loans outstanding|||||
||—repayable
between|2-5years||13,296|13,301|
||—repayable
over 5years|||18,320|20,286|
|||||31,616|33,587|
||The bank loan
is secured on the Canterbury||property.|||
||||Total funds|||Transfers|Gain|Total funds|
|---|---|---|---|---|---|---|---|---|
||||brought|Incoming|Outgoing|between|(Loss) on|carried|
||||forward|resources|resources|funds|investments|forward|
|Unrestricted||funds:|||||||
|General|fund||851,152|338,225|-294,587|-3,411|-1,470|889,909|
|Congress||||4,484|-14,928|8,426||-2,0i8|
|PPMF|||109.785|23|-49,282|||60,526|
||||960,937|342,732|-358.797|5,015|-1,470|948,417|
|Restricted|funds:||||||||
|SYA|||9,475||-186|||9,289|
|SYFA|||4,457|70|-280|||4,247|
|SICA|||1,424||-352|||1.072|
|Archives|||9,823|||||9,823|
|Glansevin|Kejiwaan||5,015|||-5.015|||
|Permanent||Endowment|31,311||||4,700|36,011|
|Property|||1,518.837|-2,040|-19,936|||1,496,861|
|Lewes New||School||182,000||||182,000|
||||1,580.342|180,030|-20.754|-5,015|4,700|1,739,303|
|Total funds|||E2,541,279|522,762|-379,551||3,230|2,687,720|
|||SUBUD BRITAIN||||||
|---|---|---|---|---|---|---|---|
|||NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2021||||||
|I|9|RESERVES / FUNDS INFORMATION||||||
|||Properly
Purchase
8.Management
Fund (previously
called Capital
Fund)||||||
|||Bequests received
by Subud
Britain are placed
in the Fund. The fund
is used|to assist with|the purchase||||
|||or major repair of properties
either as a direct contribution
to the cost or as|a loan.|||||
|||Congress||||||
|||Any surplus made on Congress
may be carried forward towards to the cost|of the following||year's Congress.|||
|||EA Regional
Properly||||||
|||East Anglia Region established
a fund to raise money towards
the purchase|ofa property||for a|||
|||Regional Centre.||||||
|||Permanent
Endowment||||||
|||This fund was established
by the Trustees and
is invested
in a charity investment
fund. The||purpose of||||
|||the Permanent
Endowment
fund
is to provide
investment
income for the use ofSubud Britain.||||||
|||Property||||||
|||Funds raised for the purchase
of property.
These funds have all been used for that purpose|||and|the||
|||fund balance
is held
in property and not in available cash. As the purpose|of these funds|has been||||
|||fulfilled. the proceeds of any property
sale are placed
in the General fund.|It isa policy of||Subud|||
|||Britain that these proceeds
will then be available
to the Group or Region who were using||the property||||
|||to enable them to buy another property.
If no property
has been purchased|within
2years||of the sale|||
|||then a review
is carried out with the Group or Region to determine
if the funds are still required||||for||
|||that purpose.||||||
|||SICA||||||
|||SICA is the Subud International
Cultural
Association,
in Britain. SICA encourages,
facilitates|||and|||
|||co-ordinates
the inner creative ability of all Subud
Britain members
and
is one of the vehicles for||||||
|||taking Subud into the world. SICA raises its funds
from donations
ancl cultural|activities.|||||
|||Subud Youth||||||
|||Subud Youth organises activities and events
for young people
in Subud
Britain.||||||
|||Archives||||||
|||This fund
is to support
the work of the Subud
Britain archives
to collate and preserve the history||||ofthe||
|||development
of Subud
in this country for future generations.||||||
|||SYFA||||||
|||Subud Youth
8, Families Association
organises
activities and events for youth|and families|in Subud|||Britain.|
|||WSA||||||
|||The World Subud Association
is the umbrella
organisation
for the world wide Subud community,||||which includes 54||
|||member countries. Subud
Britain
is a member
country of the World Subud Association.||||||
|||Fund transfers||||||
|||The Glansevin
Kejiwaan
fund was a donation
restricted to Kejiwaan Weekends
run at a venue||||Glansevin||
|||Mansion
in 20i9.The donor agreed that unused
funds could be taken to general
funds after that year.||||||
|||Lewes New School||||||
|||The Lewes New School is a property
that the charity hopes to purchase
in Lewes. An appeal was||||||
|||made for donations
toward the purchase
or refurbishment
of the property,|returnable
if the|||||
|||purchase does not complete. The donors are aware of this.||||||
||||||||||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|20.|NATIONAL||CONTRIBUTIONS||||||||||||||||
||Contributions|||by|the Regions to the National
funds were as||||||||||follows:||||
||Region:|||||||||South East|||||||30,300|36.550|
|||||||||||East Anglia|||||||9,600|10,500|
|||||||||||South West|||||||19,000|16,000|
|||||||||||North|||||||7,000|6,000|
|||||||||||Scotland|||||||2.160|9,160|
|||||||||||London|||||||10,000|12,000|
|||||||||||Thames Valley|||||||13,000|16,200|
||||||||||||||||||E91,060|K106,410|
|21.|NATIONAL||CONGRESS||||||||||||||||
||Receipts||||||||||||||||4,484||
||Costs|||||||||Fees paid||by|National.|Groups and||Regions|2,753||
|||||||||||Cost of Congress
8, Gathering|||||||7,904||
|||||||||||Officer's|fees||and expenses||||2,253||
||||||||||||||||||12,910||
||Net cost to|||Subud||Britain|||||||||||E8,426|KO|
||The 2021|Congress||||was|held at Loudwater|||||(2020 online||due|to Covid-19).||||
|22.|ANALYSIS|OF NET|||ASSETS|||BETWEEN FUNDS|||||||||||
|||||||||||||||||Unrestricted|Restricted|Total|
|||||||||||||||||funds|funds|funds|
||Tangible|assets||||||||||||||404,618|1,496,861|1,901,479|
||Investments|||||||||||||||16,978|36,011|52,989|
||Net current|||assets||||||||||||558,437|206,431|764,868|
||Creditors|falling due after|||||||more than one||year|||||-31,616|0|-31,616|
|||||||||||||||||E948,417|K1,739,303|E2,687,720|
|23.|CONTROLLING
PARTY||||||||||||||||||
||The charity|||is controlled||||by the Board of Trustees.|||||||||||
|24.|OPERATING|||IEASE||COMMITMENTS|||||||||||||
||At 31 December||||2021 the||||charity|had annual|||commitments||||||
||under a 9-year operating||||||||lease at Loudwater||||Farm as follows:||||||
||||||||||||||||||Land and|buildings|
||From 22 May 2020||||||||||||||||2021|2020|
||Expiry date:|||30September|||||2029||||||||||
||Within one||year||||||||||||||27,000||
||Between|one and||||five|years||||||||||108,000|0|
||Over five|years|||||||||||||||81,000|26,000|
||||||||||||||||||K216,000|K26,000|
||The total|commitment|||||over the life of the||||lease is K216,000 (2020:F243.000)||||||||
||There
is a|3||year break|||clause, available||||on 30September||||2023and|2026.|||