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|||Page|
|---|---|---|
|Legal and administration|information||
|Trustees'
report||2 to 4|
|Independent
examiner's|report||
|Statement
of financial activites|||
|Balance sheet|||
|Notes to the accounts||8 to 12|
|Trustees'|||Mr, M. B.Hinton|||
|---|---|---|---|---|---|
||||Rev. Dr. R.C. I. Ward|||
||||Mrs. S.A. Tan|||
||||Mr. D. Hinton|||
||||Mr. E. Hinton|||
||||Rev. L. Goodhew|||
|Independent|examiner||Mrs. L. Armstrong|||
||||Armstrong
Accountancy|||
||||68 Leander
Drive|||
||||Boldon|||
||||Tyne and Wear|||
||||NE35 9LS|||
|Bankers|||CAF Bank Ltd|||
||||25 Kings
Hill Avenue|||
||||Kings
Hill|||
||||West Mailing|||
||||Kent|||
||||ME194JQ|||
|Investment|advisors||Maunby
Investments|Management|Limited|
||||The Exchange|||
||||Station Parade|||
||||Harrogate|||
||||North Yorkshire|||
||||HG1 1TJ|||
|Principal address|||PO Box615|||
||||North Shields|||
||||Tyne and Wear|||
||||United
Kingdom|||
||||NE29 1AP|||
|Charity registration||number|235252|||
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||||2022|2021|
|---|---|---|---|---|
|Overseas||Mission|11,000|5,000|
|North|East|England|44,500|43,000|
|United|Kingdom||9,500|12,000|
||||65,000|60,000|
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|For the year end|ed 31 Dcember 2022||||
|---|---|---|---|---|
||||Unrestricted|Unrestricted|
|Income|||funds|funds|
|||Notes|2022|2021|
|Investments|||26,952|27,648|
|Expenditure|||||
|Expenditure
on raising funds|||10,970|11,826|
|Charitable
activities|||67,089|61,385|
|Total resources expended|||78,059|73211|
|Net gains/(losses)|on investments|10|-200,039|162,111|
|Net movement
in funds|||-251,146|116,547|
|Fund balance at 1|January 2022||1,528,162|1,411,615|
|Fund balance at 31 December 2022|||1,277,016|1,528,162|
##
|as at 31 Decem|ber|2022||||
|---|---|---|---|---|---|
|||||Total Funds|Total Funds|
||||Notes|2022|2021|
|Fixed Assets||||||
|Investment||||1,247,979|1,507,066|
|Current Assets||||||
|Cash at Bank and|in Hand|||32,637|24,696|
|Debtors||||||
|Creditors: amounts||falling due within one year||||
|Accruals and deferred||income||-3,600|-3,600|
|Total assets less current liabilites||||1,277,016|1,528,162|
|Income funds||||||
|Unrestricted
funds||||1,277,016|1,528,162|
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|3|Investments|||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted||Unrestricted|
||||||||funds||funds|
||||||||2022||2021|
||||||||E|||
||Income from listed investments||||||26,875||27,646|
||Interest received||||||77||2|
||||||||26,952||27,648|
|4|Expenditure|on|raising|funds||||||
||||||||Unrestricted|Unrestricted||
||||||||funds||funds|
||||||||2022||2021|
||||||||||F|
||Investment|management||fees|||10,970||11,826|
|5|Charitable|activities||||||||
||||||Overseas|North East|Rest|Total|Total|
|||||||England|of UK|2022|2021f|
||Grant funding|ofactivities||(see note 6)|11,000|44,500|9,500|65,000|60,000|
||Share ofgovernance|||(see note 7)|354|1,430|305|2,089|1,385|
||||||11,354|45,930|9,805|67,089|61,385|
|6|Grants payable||||Overseas|North East|Rest|Total|Total|
|||||||England|of UK|2022|2021|
||Grants to institutions||||11,000|44,500|9,500|65,000|60,000|
||by geographical||location|||||||
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|the year ended 31|December 2022|||||
|---|---|---|---|---|---|
|Support costs||Support|Governance|Total|Total|
|||Costs
f|Costs
f|2022f|2021f|
|Trustees expenses|||189|189|160|
|Other administration|costs||871|871|518|
|Bank charges|||82|82|107|
|Accountancy
costs|||948|948|600|
||||2,089|2,089|1,385|
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|10|Net gains/(-losses)|Net gains/(-losses)|on investments||Unrestricted||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|---|---|
||||||funds|||funds|
||||||2022|||2021f|
||Revaluation|of investments|||-200,039|||162,111|
|11|Fixed asset|investments|||||||
|||||Investments||i|Cash in|Total|
|||||Listed|Unlisted||Portfolio||
|||||f|f||f|f|
||Cost||||||||
||At 1 January|2022||1,458,945|7,490||40,631|1,507,066|
||Additions|||146,584|||247,120|393,704|
||Revaluation|||-197,776|-2,263|||-200,039|
||Disposals|||-207,358|||-245,394|-452 752|
||At 31 December 2022|||1,200,395|5,227||42,357|1,247,979|
||Carrying
amount||||||||
||At 31 December 2022|||1,200,395|5,227||42,357|1,247,979|
||At 31 December 2021|||1,458,945|7,490||40,631|1,507,066|
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|For|the year|ended 31 Dec|e|mber|2022|||||
|---|---|---|---|---|---|---|---|---|---|
|12|Financial|instruments||||||2022|2021|
|||||||||E|E|
||Carrying|amount offinancial|||assets|||||
||Measured|at transaction||price||||47,686|70,240|
||Measured|at fair value|through||income and expenditure|||1,247,979|1,507,066|
|||||||||2022|2021|
|||||||||E|E|
||Carrying|amount offinancial|||liabilities|||||
||measured|at transaction||price||||3,600|3,6OO|
|13|Debtors|||||||2022|2021|
|||||||||E|E|
||Amounts|falling due within one|||year|||||
||Other debtors|||||||||
|14|Creditors: amounts
falling due within one year|||||||2022|2021|
|||||||||E|E|
||Accruals|and deferred|income|||||3,600|3,600|
|||||||||3,600|3,600|
|15|Related party transactions|||||||||
||Remuneration
of key||management|||personnel||||
||The remuneration
of key|||management||personnel|is as follows.|||
|||||||||2022|2021|
|||||||||E|E|
||Aggregate|compensation||||||||
##
|||Grant|Overseas|NE||
|---|---|---|---|---|---|
|Description||amount|mission|England|UK|
|Grant - Newcastle
Reformed
Evangelical|Church|1000||1000||
|Grant - Dnipro Hope Mission||7000|7000|||
|Grant - Friends
International||2500|||2500|
|Grant - Icthus Christian
Fellowship||1000|||1000|
|Grant - Emerge Advocacy||1500|||1500|
|Grant - Guildford
Baptist Church||1000|||1000|
|Grant - Latin Link||1000|1000|||
|Grant - Starfish Asia||2000|2000|||
|Grant - Sowing Seeds Ministries||12500||12500||
|Grant - Open Door (North East)||6000||6000||
|Grant - Tees Valley Youth for Christ||7000||7000||
|Grant - Premier Christian
Media Trust||1000||1000||
|Grant - North East Youth for Christ||1000||1000||
|Grant - New Routes UK||1000|1000|||
|Grant - Hope Church Chesterton||3500|||3500|
|Grant - New Life Church
Middlesbrough||3000||3000||
|Grant - St Barnabas,
Linthorpe||3000||3000||
|Grant - St Luke's Spital Tongues||10000||10000||
|Total||65000|11000|44500|9500|