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2022-12-31-accounts

Page
Officers and Advisers
Report ofthe Trustees 2-3
Independent
Examiner's
Report
Statement
of Financial
Activity
Balance Sheet
Notes to the Accounts 7-10

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2022f 2021f
Distributions
on COIF Income Units
61,405 60,543
Interest on COIF Charities Deposit 63 3
61,468 60,546
CHARITABLE ACTIVITIES
2022 2021f
Grants to Charitable Institutions
Overseas
Missionary
Fellowship 2,500 4,000
CHAT 1,500 10,000
St Francis 5,000 5,000
Tiverton
Vineyard
Church
4,000 11,500
Bible Society 2,500 4,000
Palm Tree Associates 2,500 7,000
Life Words 2,500 4,000
Encounter
Christianity
5,000 5,000
SEAN UK 6,500
Pinhoe
PCC
6,000
Karis Kids 9,144
Tidcombe Community Church 750
Lamps 10,000
Share Christian
Fellowship
7,900
SWYM 1,0OO
Open Doors Exmouth 2,000
All Nations Christian College 5,000
Seaway Trust 5,000
Hoveraid 3,000
Alive in the Spirit 1,000
Choices Pregnancy
Centre
11,260
Care for the Family 9,000
66,794 86,760
Support Costs
Independent
Examination
Fee 1,192 1,212
67,986 87,972

4. INVESTMENTS
2022f 2021
719,036 COIF Ethical investment Fund
Income units: cost 239,330 239,330
Market Value as at 1 January 2,246,778 1,979,368
Unrealised
(loss)/gain
arising in year (278,987) 267,41 0
Market Value as at 31 December 1,967,791 2,246,778
These investments
are held
in the United Kingdom
5. BANK
2022f 2021
COIF Charities Deposit Fund 7,367 15,898
Barclays Community
Account
11,957 9,924
19,324 25,822
6. ACCRUALS
2022 2021f
Independent
Examiner
1,230 1,210
7. FUND MOVEMENT
2022 Unrestricted Restricted Total Funds
Funds 2022f Funds 2022 2022f
Balance brought
forward
24,612 2,246,778 2,271,390
Incoming
Resources
61,468 61,468
Outgoing
Resources
(67,966) (67,986)
Net Gains/(Losses)
on
Investments (278,987) (278,987)
Balance carried forward 18,094 1,967,791 1,985,885

FOR THE YEAR END ED 31 DECEMBER 2 022
FUND MOVEMENT (CONTINUED)
2021 Unrestricted Restricted Total Funds
Funds 2021 Funds 2021f 2021f
Balance brought forward 52,038 1,979,368 2,031,406
Incoming
Resources
60,546 60,546
Outgoing
Resources
(87,972) (87,972)
Net Gains/(Losses) on Investments 267,410 267,410
Balance carried forward 24,612 2,246,778 2,271,390
NET ASSETS BETWEEN FUNDS
2022 Unrestricted Restricted Total Funds
Funds 2022f Funds 2022 2022
Investments 1,967,791 1,967,791
Cash at Bank 19,324 19,324
Accruals (1,230) (1,230)
Net Assets 18,094 1,967,791 1,985,885
2021 Unrestricted Restricted Total Funds
Funds 2021 Funds 2021 2021f
Investments 2,246,778 2,246,788
Cash at Bank 25,822 25,822
Accruals (1,210) (1,210)
Net Assets 24,612 2,246,778 2,271,390