## ## ## |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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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| ## ## ## ##