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2022-06-30-accounts

Global Recordings Global Recordings Network UK
266476 (England 8 Wales) &SC050331(Scotland)
Contents
Trustees'
Annual
Report .....
.....2 - 4
Independent
Examiner's
Report......
Receipts & Payments
account ...
Statement of Balances......
Notes to the financial statements. ..... .....8-10

Unrestricted Restricted 2022 2021 2020
Total Total Total
( 8 8 6
RECEIPTS
Donations
(iran)i
Note
5
6
23,388
0
8,018 31.406
0
0
154,503
5,000
0
35733
10,000
14,572
Legacies 0 0 218
Fundraising
Charitable
activities
Investment
income
Total Receipts
7 0
23,388
9
8,8018
0
9
31,406
9
159,512
5
60,528
PAYMENTS
Charitable
Activities
Grants & Donations
8
9
45,604
7.855
7,283
0
52,887
7,855
47,460
22,761
35 921
11,970
Governance
Costs
Fundraising
Activities
0 3,610
Purchase ofFixed Assets
Total Payments
53,459 7,283 0
60,742
70,221 51,501
Surpius I(dencit) before transfers (30.07i) 735 (29.330) 89,29) 9,028
Transfers 21,000 (21,000)
Surplus /(deficit) after (9,071) (20,265) (29,336) 89,291 9,028
transfers

STATEMENT OF BALANCES
AS AT30JUNE 2022
Unrestricted Restricted 2022 2021 2020
Bank and Cash in Hand
Opening
balances
Surplus/(deficit)
for the year
Closing balances
f.
10,800
(8,368)
2,432
f
118,381
(20,968)
97,413
Tots I
f
129,180
(29.336)
99,845
Total
f
39,890
89,291
129,180
Totalf
30,861
9,027
39,888
Other Assets
Gih Aid Tax Rebate 0 0 5,716 2,286
Office Equipment
Recording
Jb editing equipment
1,100
3,500
1,100
3,500
I, IOO
3,500
1,100
3,500
Stock ofresources 500 500 500 500
Total other Assets 5,100 0 5,100 10,8 i6 7,386
Liabilities
Independent
Examiner's Fee
500 500 500
Total Liabilities 500 0 500 500 0

Unrestricted Restricted 2022 2021 2020
Total Tolal Total
f f f f
Gih Aid Tax Rebate 1,546 1,546 5,716 2,160
GRN UK Staff 4,444 4,444 2,172 1,802
Kosovo Victory Church 1,443 1,443 2,760 3,095
Kosovo Ladies Holiday 201872019 0 590
King USA 600 600 600 600
Projects 1,500 1,500 10,942 2,350
Other general donations 21,842 32 21,874 132,314 25,135
Total Donations received 23,388 8,018 31,406 154,503 35,732
Unrestricted Restricted 2022 2021 2020
Total Total Total
f f. f
Ardbarron
Trust Limited
0 5,000 8,000
TBFgc KL Thomson Tmst 0 0 1,500
Bcrakah Charity Trust Fund 0 0 500
Total Grant Income 0 0 0 5,000 10,000

.
Investment
income
Unrestricted Restricted 2022 2021 2020
Total Total Total
f f f f E
Bank interest 32 32 9 5
Total investment
income
0 32 32 9 5
Chadttable
Activities Payments
Unrestricted Restricted 2022 2021 2020
Total Total Tots I
f f f f
Office - Rent 4,471 4,471 3,563 5,089
Oftice - Telephone 265 265 419 408
Office - Computer
/ internet
824 824 976 147
OtTice - Stationery
/ Postage
65 (350) (285) (249) 204
Oflice - Printing 42 42 326 705
Office - General 21,141 348 21,489 3,503 1,090
Total Office Costs 26,808 (2) 26,806 8,538 7,643
StaffCosts - Home Rent t,900 1,900 9,500 7,833
Sta/f Costs - Council Tsx 458 458 2,283 1,852
StaffCosts - Utilities I IS 118 1,457 1,546
StaffCosts - Csr I Mileage 572 572 419 1,041
StaffCosts - General 70 354 424 4,243 4,475
StaffCosts - Directof s Pension 231 231 5,570 4,971
Total StaffCosts 1,449 2,254 3,704 23,471 21,718
Mission Trips - Recording trips 278 278 0 810
Mission Trips - Conferences 5,410 5,410 498 4,535
Mission Trips - Travel 794 794 0 14
Total Mission Trips 6,481 0 6,481 498 5,359
Relocation Costs 0 0 1,000
Education - Fees 3,024 3,024 0 24
Kosovo Victory Church 0 5,031 5,031 7,407
King USA 0 771
Other charitable
activities
7,842 7,842 6,777 178
Total charitable
activities
45,604 7,283 52,887 47,460 35,922

Unresiricied Restricted 2022 2021 2020
f Totalf Total
f
Total
f
Tithe Spending - GRN 6,202 6,202 11,183 3,643
Tithe Spending - Oihers 422 422 3,531 2,122
Other rants Jt donations 1,231 1,231 8,047 6,204
Total Grants & Donations 7,855 0 7,855 22,761 ,969
11

for the purposes ofspeci fic projects and locations
JOJun xi Incoming Outgoing Transfers 30Jun
f r. sa
s.
Restricted Funds 81,322 8,018 7,283 (21,000) 61,057
Total Restricted Funds 81,322 8,018 7,283 (21,000) 6i,057

activities ofthe charity, o ther than those for which f unding
is re
stricted or d esignated.
30Jun 21 Incoming Outgoing Transfers 30Jun
f f f f 22
Tithe Fund (Designated)
General
Funds
47,856 23,388 53,459 21,000 38,786
Total Unrestricted Funds 47,856 23,388 53,459 21,000 38,786