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2021-12-31-accounts

Company
information
Report of the Trustees 15
Statement of Financial Activities 22
Balance Sheet 23
Cash Flow Statement 24
Notes to the Financial Statements 25

Unrestricted Restricted Total funds Total funds
funds funds 2021 2020
Notes f f f f
INCOME
AND ENDOWMENTS		 FROM:
Donations
and Legacies		 3,572,658 12,291 3,584,949 3,651,531
Charitable
Activities		 1,129 1,129 1,525
Other trading
activities		 11,692 11,692 12,480
Investments 1,774 1,774 4,618
TOTAL INCOMING RESOURCES 2 3,587,253 12,291 3,599,544 3,670,154
EXPENDITURE ON:
Raising
funds		 3 70,364 70,364 88,693
Charitable
activities		 5 3,646,199 14,793 3,660,992 3,511,960
Other 4 14,035 6,730 20,765 21,727
TOTAL 3,730,598 21,523 3,752,121 3,622,380
Net gains on investments 12 3,356 3,356 2,347
NET (EXPENDITURE)/ INCOME (139,989) (9,232) (149,221) 50,121
Transfer between funds 17
Net movement
in		 funds (139,989) (9,232) (149,221) 50,121
Fund
Balances at Beginning		 ofYear 1,475,292 341,344 1,816,636 1,766,515
FUND
BALANCES		 AT END OF YEAR 1,335,303 332,112 1,667,415 1,816,636

Notes 2021 2020
E E
FIXED ASSETS
Intangible
fixed assets		 10 58,493 97,426
Tangible assets 11 652,045 630,363
710,538 727,789
CURRENT ASSETS
Investments 12 70,339 66,983
Stocks 13 1,155 4,788
Debtors 14 82,000 75,980
Cash at bank and in hand 865,005 1,033,930
1,018,499 1,181,681
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR 15 (61,622) (92,834)
NET CURRENT ASSETS 956,877 1,088,847
NET ASSETS 1,667,415 1,816,636
Unrestricted
funds		 18 1,335,303 1,475,292
Restricted
funds		 19 332,112 341,344
TOTAL NET ASSETS 1,667,415 1,816,636

Notes 2021 2020
6 f.
Cash flows from operating activities: 20 (116,000) 153,085
Cash flows from investing activities:
Investment
income		 1,774 4,618
Net purchase
of property,		 plant, and
equipment,
including
intangibles		 (54,699) (67,144)
Change
in cash and cash		 equivalents in
the reporting
period		 (168,925) 90,559
Cash and cash equivalents at the
beginning
ofthe year		 21 1,033,930 943,371
Cash and cash equivalents at the end
of the year 21 865,005 1,033,930

sset on a straight-line
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Freehold
land		 0% per annum
Freehold
property		 2% per annum
Computer
equipment		 33 1/3% per annum
Office equipment 33 1/3% per annum
Motor vehicle 33 1/3% per annum

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2021 2020
E 6
Staff costs (note 8) 2,600,971 2,693,667
Depreciation
of intangible		 and tangible fixed assets 72,697 75,109
Hire of equipment —operation leases 3,976 3,976
Rent and Rates 9,818 7,689
Auditor's
remuneration		 —for audit 9,000 9,000

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INTANGIBLE
FIX		 EDASSETS
Toucan App Website Total
E E E
COST
At 1 January 2021 244,109 37,387 281,496
Additions 12,893 1,651 14,544
Disposals
At 31 December 2021 257,002 39,038 296,040
DEPRECIATION
At 1 January 2021 171,608 12,462 184,070
Charge for the year 40,556 12,921 53,477
Disposals
At 31 December 2021 212,164 25,383 237,547
NET BOOK VALUE
At 31 December 2021 44,838 13,655 58,493
At 31 December 2020 72,501 24,925 97,426

11. TANGIBLE FIXED ASSETS
Fixtures
Freehold Freehold fittings
Bt
Land Property equipment Total
E E E E
COST
At 1 January 2021 125,000 588,220 159,327 872,547
Additions 32,474 8,483 40,957
Disposals (802) (802)
At 31 December 2021 125,000 620,694 167,008 912,702
ACCUMULATED
DEPRECIATION
At 1 January 2021 94,338 147,846 242,184
Charge for the year 11,764 7,356 19,120
Disposals (647) (647)
At 31 December 2021 106,102 154,555 260,657
NET BOOK VALUE
At 31 December 2021 125,000 514,592 12,453 652,045
At 31 December 2020 125,000 493,882 11,481 630,363
12. CURRENT ASSET INVESTMENTS
2021
E
Market Value as at 31 December 2020 66,983
Gains on disposal
Unrealised
gain		 3,356
Net gains/(losses) for year 3,356
Market value at 31 December 2021 70,339

13. STOCK
2021 2020
f I
Goods for resale 1,155 4,788
14. DEBTORS
2021 2020
f f
Due within
one year:
Trade debtors 18
Tax due as Gift Aid 54 10,539
Other Debtors 14,401 20,589
Other Campus Crusade Debtors 50,187 27,081
Prepayments 15,809 17,096
Pensions 448
VAT 1,531 227
82,000 75,980
15. CREDITORS: AMOUNT FALLING DUE
WITHIN ONE YEAR
2021 2020
f f
Trade creditors 5,104 9,541
Other taxation and social security costs 37,137 39,850
Accruals 10,590 10,418
Deferred income 7,789 28,200
Other Campus Crusade Creditors 750 3,306
Other Current Liabilities 252 1,519
61,622 92,834

General Designated Designated Restricted Total
funds funds funds funds
E E E E
Balance at 1 January 2021 195,652 1,279,640 341,344 1,816,636
(Deficit) for the year (14,916) (125,073) (9,232) (149,221)
Balance at 31 December 2021 180,736 1,154,567 332,112 1,667,415
UNRESTRICTED
FUNDS
Balance at Net Unrealised Balance at 31
1 January Incoming Gains on December
2021 Resources Investment 2021
E 6 5 6
E
Designated Staff 687,471 (34,055) 653,416
Designated Student 32,695 (2,355) 30,340
Designated Non Campus 93,885 (30,504) 63,381
Designated Projects and 64,195 (14,699) 49,496
Events
Designated 20,219 20,219
Development
Designated Urgent Needs 23,349 792 24,141
Fund
Designated International 12,940 (454) 12,486
Mission Projects
Designated Funds
for other		 16,605 (16,605)
CCC
Designated (Fund Based) 931,140 (77,661) 853,479
Total
Designated Premises 250,225 (5,035) 245,190
Designated Equipment Fund 4,836 (1,793) 3,043
Designated Toucan Fund 72,501 (27,663) 44,838
Designated Website Fund 20,938 (12,921) 8,017
348,500 (47,412) 301,088
General
Funds		 195,652 (18,272) 3,356 180,736
Unrestricted Funds 1,475,292 (143,345) 3,356 1,335,303

Fund raised
for
international
Property development
Fund projects Total
E E
Balance at 1 January 2021 317,408 23,936 341,344
Net incoming
resources		 (6,730) (2,502) (9,232)
Balance at 31 December
2021		 310,678 21,434 332,112
RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES
2021 2020
E 6
Net
income/(expenditure)
for the		 reporting period (as per the
statement
offinancial
activities)		 (149,221) 50,121
Adjustments
for:
Interest
Receivable		 (1,774) (4,618)
Depreciation
charges		 71,950 75,109
(Gains)/losses
on investments		 (3,356) (2,347)
Loss/(profit)
on the		 sale offixed assets
(increase)/decrease in stocks 3,633 3,586
(increase)/decrease) in debtors (6,020) 33,352
Increase/(decrease) in creditors (31,212) (2,118)
Net cash provided by (used in) operating activities (116,000) 153,085
ANALYSIS OF CASH AND CASH EQUIVALENTS
2021 2020
E I
Cash in hand 283 235
Notice deposits
(less than
3		 months) 251,063 421,802
Notice deposits
(greater than 3 months)		 613,659 611,893
Total cash and cash equivalents 865,005 1,033,930

22. OTHER FINANCIAL OTHER FINANCIAL COMMITMENTS COMMITMENTS
Land Et buildings Other
2021 2020 2021 2020
Amounts
payable on leases which expire:
Within
one		 year 3,976 3,976
Within
two		 to five years 1,738 5,714
5,714 9,690
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted funds
General Designated Restricted
funds funds funds Total
f f f f.
Fund balances
at 31 December 2021 are
represented by:
Fixed assets 98,772 301,088 310,678 710,538
Net Current Assets 81,964 853,479 21,434 956,877
Balance at 31 December 2021 180,736 1,154,567 332,112 1,667,415