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|Company
Information||
|---|---|
|Report ofthe Trustees||
|Statement of Financial Activities|23|
|Balance Sheet||
|Cash Flow Statement|25|
|Notes to the Financial Statements||
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||||||||Unrestricted|Restricted|Total funds|Total funds|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||funds|funds|2022|2021|
|||||||Notes|E|E|E|E|
|INCOME AND|ENDOWMENTS||||FROM:||||||
|Donations
and|Legacies||||||4,106,741|120,403|4,227,144|3,584,949|
|Charitable
Activities|||||||6,607||6,607|1,129|
|Other trading
activities|||||||17,401||17,401|11,692|
|Investments|||||||479||479|1,774|
|TOTAL INCOMING||RESOURCES||||2|4,131,228|120,403|4,251,631|3,599,544|
|EXPENDITURE|ON:||||||||||
|Raising funds||||||3|16,931||16,931|70,364|
|Charitable
activities||||||5|4,146,560|97,199|4,243,759|3,660,992|
|Other||||||4|16,956|7,097|24,053|20,765|
|TOTAL|||||||4,180,447|104,296|4,284,743|3,752,121|
|Net (loss)/gain|on investments|||||12|(5,432)||(5,432)|3,356|
|NET (EXPENDITURE)/|||INCOME||||(54,651)|16,107|(38,544)|(149,221)|
|Transfer between||funds||||17|16,736|(16,736)|||
|Net movement|in|funds|||||(37,915)|(629)|(38,544)|(149,221)|
|Fund Balances|at Beginning|||ofYear|||1,335,303|332,112|1,667,415|1,816,636|
|FUND BALANCES||AT|END|OF YEAR|||1,297,388|331,483|1,628,871|1,667,415|
##
##
|Company
number 00949989|Company
number 00949989|Notes|2022|2021|
|---|---|---|---|---|
||||6|E|
|FIXEDASSETS|||||
|Intangible
fixed assets||10|15,962|58,493|
|Tangible assets||11|647,834|652,045|
||||663,796|710,538|
|CURRENT ASSETS|||||
|Investments||12|64,907|70,339|
|Term deposits||13|614,021|613,659|
|Stocks||14|10,934|1,155|
|Debtors||15|154,565|82,000|
|Cash at bank and in hand|||223,162|251,346|
||||1,067,589|1,018,499|
|CREDITORS: AMOUNTS|FALLING DUE||||
|WITHIN ONE YEAR||16|(102,514)|(61,622)|
|NET CURRENT ASSETS|||965,074|956,877|
|NET ASSETS|||1,628,871|1,667,415|
|Unrestricted
funds||19|1,297,388|1,335,303|
|Restricted
funds||20|331,483|332,112|
|TOTAL NET ASSETS|||1,628,871|1,667,415|
##
|||||Notes|2022|2021|
|---|---|---|---|---|---|---|
||||||6|f|
|Cash flows from operating||activities:||21|(10,167)|(116,002)|
|Cash flows from investing||activities:|||||
|Investment
income|||||117||
|Net purchase
of property,|plant, and||||||
|equipment,
including
intangibles|||||(18,133)|(54,699)|
|Change
in cash and cash|equivalents||in||||
|the reporting
period|||||(28,183)|(170,692)|
|Cash and cash equivalents||at the|||||
|beginning
of the year||||22|251,345|422,037|
|Cash and cash equivalents||at the end|||||
|of the year||||22|223,162|251,345|
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|each asset on a straight-line
b|asis over its|expected
|
|---|---|---|
|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|331/3%|perannum|
|Intangible
Fixed Assets|||
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||E|6|
|Staff costs (note 8)||||||2,908,269|2,600,971|
|Depreciation
of intangible|||and|tangible|fixed assets|64,873|72,597|
|Hire of equipment|—operation|||leases||6,904|3,976|
|Rent and Rates||||||9,341|9,818|
|Auditor's
remuneration||—for audit||||10,500|9,500|
##
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|INTANGIBLE FIXEDASSETS||||
|---|---|---|---|
||Toucan App|Website|Total|
||6|E|6|
|COST||||
|At 1 lanua ry 2022|257,002|39,038|296,040|
|Additions||845|845|
|Disposais||||
|At 31 December 2022|257,002|39,883|296,885|
|DEPRECIATION||||
|At 1 January 2022|212,164|25,383|237,547|
|Charge for the year|30,104|13,272|43,376|
|Disposais||||
|At 31 December 2022|242,268|38,655|280,923|
|NET BOOK VALUE||||
|At 31 December 2022|14,734|1,228|15,962|
|At 31 December Z021|44,838|13,655|58,493|
##
##
##
|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
||||Fixtures||
||Freehold|Freehold|fittings &||
||Land|Property|equipment|Total|
||6|6|E|6|
|COST|||||
|At I January
2022|125,000|620,694|167,008|912.702|
|Additions|||17,288|17,288|
|Disposals|||||
|At 31 December 2022|125,000|620,694|184,296|929,990|
|ACCUMULATED
DEPRECIATION|||||
|At 1 January 2022||106,102|154,555|260,657|
|Charge for the year||12,414|9,085|21,499|
|Disposals|||||
|At 31 December 2022||118,516|163,640|282, '156|
|NET BOOK VALUE|||||
|At 31December 2022|125,000|502,178|20,656|647,834|
|At 31 December 2021|125,000|514,592|12,453|652,045|
##
|CURRENT ASSET INVESTMENTS||
|---|---|
||2022|
||6|
|Market Value as at 31 December 2021|70,339|
|Unrealised
gain/(loss)|(5,432)|
|Net gains/(losses)
for year|(5,432)|
|Market value at 31 December 202Z|64,907|
##
|TERM DEPOSITS||
|---|---|
||2022|
||E|
|Value at 31n December 2021|613,659|
|Interest earned|362|
|Value at 31st December 2022|614,021|
##
||||2022|2021|
|---|---|---|---|---|
||||E|6|
|Goods|for|resale|10,934|1,155|
|DEBTORS||||
|---|---|---|---|
|||2022|2021|
|||6|E|
|Due within one year:||||
|Trade debtors||250|18|
|Tax due as Gift|Aid|19|54|
|Other Debtors||9,956|14,401|
|Other Campus|Crusade Debtors|118,940|50,187|
|Prepayments||23,547|15,809|
|VAT||1,853|1,531|
|||154,565|82,000|
##
##
|WITHIN ONE|YEAR|||
|---|---|---|---|
|||2022|2021|
|||E|E|
|Trade creditors||15,663|5,104|
|Other taxation|and social security costs|48,044|37,137|
|Pensions||543|0|
|Accruals||13,090|10,590|
|Deferred income||4,195|7,789|
|Other Campus|Crusade Creditors|3,001|750|
|Other Current|Liabilities|17,978|252|
|||102,514|61,622|
##
##
|||General|Designated|Restricted|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||6|E|E|6|
|Balance|at 1 January 2022|180,736|1,154,567|332,112|1,667,415|
|(Deficit)|for the year|(12,932)|(41,719)|16,107|(38,544)|
|Transfers|||16,736|(16,736)||
|Balance|at 31 December 2022|167,804|1,129,584|331,483|1,628,871|
##
##
|19.|UNRESTRICTED FUNDS|UNRESTRICTED FUNDS|UNRESTRICTED FUNDS|||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Balance at 1|Net|Unrealised||Balance at|
||||||lanuary|Incoming|Gains on|Transfers|3'I|
||||||2022|Resources|Investments||December|
||||||E|E|6||2022|
||||||||||6|
||Designated|Staff|||653,416|26,581|||679,997|
||Designated|Student|||30,340|(2,861)|||27,479|
||Designated|Non Campus|||63,381|(4,042)||16,736|76,075|
||Designated|Projects and|Events||49,496|(41,887)|||7,609|
||Designated|Fund Development|||20,219|(10.939)|||9,280|
||Designated|Urgent
Needs||Fund|24,141|1,832|||25,973|
||Designated|Conference|Fund||0|0||17,742|17,742|
||Designated|International||Mission||||||
||Projects||||12,486|(8,805)|||3,681|
||Designated|Funds for other CCC|||0|23,107|||23,107|
||Designated|(Fund Based)||Total|853,479|(17,014)||34,478|870,943|
||Designated|Premises|||245,190|(5,317)|||239,873|
||Designated|Equipment|Fund||3,043|604|||3,647|
||Designated|Toucan
Fund|||44,838|(30,103)|||14,735|
||Designated|Website Fund|||8,017|(7,631)|||386|
||||||301,088|(42,447)|||258,641|
||General
Funds||||180,736|10,242|(5,432)|(17,742)|167,804|
||Unrestricted|Funds|||1,335,303|(49,219)|(5,432)|16,736|1,297,388|
##
##
|FINANCIAL
|RESTRICTED FUNDS||||
|---|---|---|---|---|
||||Fund raised for||
||||international||
|||Property|development||
|||Fund|projects|Total|
|||6|6|6|
|Balance at 1 January 2022||310,678|21,434|332,112|
|Net incoming|resources|(7,097)|23,204|16,107|
|Transfers|||(16,736)|(16,736)|
|Balance at 31 December 2022||303,581|27,902|331,483|
|21.|RECONCILIATION
OF NET|INCOME/(EXPENDITURE)|INCOME/(EXPENDITURE)|INCOME/(EXPENDITURE)|INCOME/(EXPENDITURE)|TO NET CASH|FLOW FROM|OPERATING ACTIVITIES|
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||6|f.|
||Net income/(expenditure)|for the|reporting||period|(as per the|||
||statement
of financial
activities)||||||(38,544)|(149,221)|
||Adjustments
for.||||||||
||Interest Receivable||||||(116)|(11)|
||Depreciation
charges||||||64,875|71,950|
||(Gains)/losses
on investments||||||5,432|(3,356)|
||Interest on term deposits||||||(362)|(1765)|
||(increase)/decrease
in stocks||||||(9,779)|3,633|
||(increase)/decrease)
in debtors||||||(72,565)|(6,020)|
||Increase/(decrease)
in creditors||||||40,892|(31,121)|
||Net cash provided
by (used|in) operating||activities|||(10,167)|(116,002)|
|22.|ANALYSIS OF CASH AND|CASH|EQUIVALENTS||||||
||||||||2022|2021|
||||||||6|E|
||Cash in hand||||||633|283|
||Notice deposits
(less than|3 months)|||||222,529|251,063|
||Total cash and cash equivalents||||||223,162|251,346|
##
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##
|OTHER FINANCIAL COMMITMENTS|OTHER FINANCIAL COMMITMENTS||||||
|---|---|---|---|---|---|---|
|||Land &|buildings||Other||
|||2022||2021|2022|2021|
|Amounts
payable on leases which expire:|||||||
|Within one|year||||3,400|3,976|
|Within two|to five years||||4,700|1,738|
||||||8,100|5,714|
|ANALYSIS|OF NET ASSE1'S BETWEEN FUNDS||||||
|||Unrestricted||funds|||
|||General|Designated||Restricted||
|||funds||funds|funds|Total|
||||||E|E|
|Fund balances at 31December 2022 are|||||||
|represented|by:||||||
|Fixed assets||101,576||258,641|303,581|663,798|
|Net Current|Assets|66,228||870,943|27,902|965,073|
|Balance at 31 December 2022||167,804||1,1?9,584|331,483|1,628,871|
##
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##
||||||Unrestricted|Restricted|Total funds|
|---|---|---|---|---|---|---|---|
||||||funds|funds|2021|
|||||Notes|E|E|E|
|INCOME AND ENDOWMENTS|||FROM:|||||
|Donations
and Legacies|||||3,572,658|12,291|3,584,949|
|Charitable
Activities|||||1,129||1,129|
|Other trading
activities|||||11,692||11,692|
|Investments|||||1.774||1,774|
|TOTAL INCOMING|RESOURCES|||2|3,587,253|12,291|3,599,544|
|EXPENDITURE ON:||||||||
|Raising funds||||3|70,364||70,364|
|Chantable
activities||||5|3,646,199|14,793|3,660,992|
|Other||||4|14,035|6,730|20,765|
|TOTAL|||||3,730,598|21,523|3,752,121|
|Net gains on investments||||12|3,356||3,356|
|NET (EXPENDITURE)/||INCOME|||(139,989)|(9,232)|(149,221)|
|Transfer between|funds|||17||||
|Net movement
in|funds||||(139,989)|(9,232)|(149,221)|
|Fund Balances at Beginning of Year|||||1,475,292|341,344|1,816,636|
|FUND BALANCES|AT|END OF|YEAR||1,335,303|332,112|1,667,415|