OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

Page
Trustees'
report		 1-40
Independent
auditors'		 report on the financial statements 41 -46
Statement offinancial activities
Balance sheet
Statement ofcash flows 48
Notes to the financial statements 49 - 62

Objoctlties ahd ActMtiss Objoctlties ahd ActMtiss
x Poficlas wld ohhrctknm
In salting ObieCtiVea and pl«ming
fcr aCtlVitiee, Iho Trueleoe hera
giVOn		 due Consideraacn to general
guidance published
blr Ihe Chaff
Commtmkkn
relating		 lo pubth bsnsfil, including
tha guidsnco 'Pubic
benefit: nmnmg s charily (PB2l'.
Asaeckdad
blecgvas
Fwnfiy
Fedoragcn
nxmgnxes
that		 Care FFW
afi humsnkks!
aro chfirktm
ol lhe sane
0«ins parent and ihwofonk
¹
harsh aa
bmlhws
and
deters.
Through
ils
teactings
snd
sofivlgm.
Ihe
Fmnlty
Federsbon seeks to sweat irxfividu¹s In
Ihmr
spkitual
dmelcpment,
heft btild		 Promodcn
ol Ihe Mwriage giessktg snd
peatoral support ii glossed Fsmiaes.
PrcVleicn
Or
Womiht
Seneces
lor
Unfikwaonf¹ bsliaism.
oov¹ogmenl
ol
yot¹t
oducatkm
pnfipanw
and acfivges
laving
fsmiTies,
iostw
nwporsible
¹tmanhth»
Ol lho Workrs
kiofiadual
and mal«tat
eeourcee,
and confreule
lc the evolution
ol s unlfied
world thol		 Ptfikcaficn
and
dsswninaticn
Ol
mal«isle
based
on
Un»cafioni¹ pdnciples.
gteyng snd psrfi¹paang
in~
hanscends
refigicus, naknnel
and ra»at
oundaries.		 and swnlners
through
wifich Un»cation
prln¹plea can bo advanced.
Saakktg
syrmgies
with
twisting
with avms tc engaging in
co-operakve venhses.
I,
Pmmotkm
ol peace, non.vtokmcs
and
tmdeiehmtfing
beaVeen
pecph
Ol
tfigaiwo
mfigcne,
isaums,
riloae
Wid
naecns
and the pnxrmfion
Of mfigkfue
harmony
generafiy;
2
Promofkm
of moml
and
spkfiual
Welf«a
ktcksatg
gml
nol
hnikxl
lo)
gaad Cnaraoler,
the value ot the i«nay
and
good
stewertkmip
of
the
environment;
3, Advancwnent
of dw stkwauon
ol the
pubkc, ssfiudng
tbtd not hnfied tot n mo
subIects
nl hwnan
rights,
dsmccisW,
gcnd cia«nab» and good govwnwxo'I
4
Suppcrfing
per«ms
«ho
have
antis ed
kec
crr~
their
manisge
«wording
to universal
spkiiual
prinapkw
in cider
lo be goad
role
models as wei as yrsmg people in Ihwr
character edxaficn;

5. Such other 5. Such other 5. Such other purposes as are currently purposes as are currently
recognised as exclusively
chantable.
Obj 3 To
support		 those
people
who		 have ~ Weekly
local
religious
services		 and study
adopted
the		 teachings
of the Unification		 meetings.
movement to apply
these
pnnciples
in		 ~ Many types of conferences
and seminars
their own lives in society at large ~
~		 Interfaith peace meetings
Peace missions
~ Pastoral care
~ Youth
ro'sets
Obj 3 To gain
adequate
funds
to be		 able to ~ Appropriate
management
of		 available
finance
such		 Impoitant
work
in		 the
UK		 resources to provide funds
and to support protects abroad ~ Establishing
adequate
reserves
unforeseen
special
financing
tasks		 to
meet
~ Ex loitin
all reasonable
sources		 of funds
Obj 4 To
have		 a capable
professional		 ~ Production
of
professional
and		 correct
management of the
Movement,		 both accounts
spirituel
and		 external ~ Adherence
to all legal requirements		 upon a
charity Iemployer
~ Havin
ade
uatel
trained
astors
Obj 5 To
support		 humanitanan and Supporting
FFWPU projects
in South		 Korea and
educaconal projects
which
are
in		 other regions ofthe world where there is aneed.
accordance
the		 with the original
objects of
charity,		 Supporting
affiliate
organisations
and
that ars in line with FFWPU's charitable		 projects
objects.

1.2.1 Each Each community community community 3.1.4 Resources
are		 Resources
are		 Resources
are		 Resources
are
develops a culture of pastoral available on True
care Parents, their teachings
and work
1.2.2 People are provided 2.2.1 Young people are 3.2.1 Targeted,
with ths means to heal and supported to receive the identifiable snd relevant
grow Marriage
Blessing		 service is offered
to our
communities
2,2.2 Support and resources
to
share		 the Marriage
Blessing are provided
2.2.3 Marriage Blessing
Ceremonies are organised
2.2.4.
Marnage		 support is
n all situations
1,3.1 (combined with 2.3,1) 2.3,1 Embrace God through 3.3.1
HTM		 and blessing
active and inspiring worship in activities are supported
our families and communltlss overseas
1.3.2 Gultwate a personal hfe 2.3.2 Inclusive community 3.3.2 Qblsctives
of
of prayer snd connection with events
are		 organised that foreign events
are
God nurture people's spintual supported through
hves. participation and
follow-
u
2.3.3 Small groups are
created and su orted
1.4.1 Youth programmes 2.4.1 People are empowered 3.4.1 Society's
provide fellowship, direction to be Heavenly Tribal institutions including
and meaning to young Messiahs schools and government
people's lives support a
culture
of
integrity,
interdependence, mutual
prosperity and unwersal
values
1.4.2 Young people take 2.4.2 Key persons and 3.4.2
Society's		 popular
responsibihty to improve members are aware about the culture including media
society through being active in HTM process and arts support integrity,
church leadership and interdependence, mutual
advocacy to government and prosperity and universal
arliamentarians values
1.4.3 Provide young children 2.4.3 HTM families go through 3.5.1 People from
with an understanding ot the all
steps		 of receiving the different faiths, ethnicities
Principle and their identity blessing and
backgrounds
are
brought together
to
enhance mutual
understanding and
acceptance and to further
common oats
2.4.4 HTM families receive 3.5.2 Constructive
care and education on the dialogue and respect
is
providence of restoration fostered by leaders
and
people of influence
from
communities
in		 conflict

ReferenCe ReferenCe and adminlatratlVe and adminlatratlVe detailS Of the Charity,
lte		 truSteeS and adVlaera truSteeS and adVlaera truSteeS and adVlaera truSteeS and adVlaera
Trustees A Rsi, Chair (appointed on 25June 2023)
(Updated up to date of signing) H 6 Fisher, Treasurer
T P Reed, Trustee (Chair up to 25June 2023)
C Jones, Trustee (appointed on 13March 2023)
K T Hoyte, Trustee (appointed on 23 September 2022)
J C M Hsrtl, Trustee (pessed away on 30 May 2022)
G M A Leonard-Schroder, Trustee (resigned on 13lvlarch 2023)
Charity registered numbers 267917and Scottish Charity Number: SC041240
Principal offic 43 Lancaster Gate
London
W2 3NA
Independent auditors Axis Accountants
Ltd
Chartered
Certified Accountants
and Registered		 Auditors
8 Deer Park Road
London
SW193GY
Bankers Royal Bank of Scotland
78 Notting
Hill Gate
London
W11 3HS
Solicitors Russell-Cooke
LLP
2 Putney
Hill
London
SW15 6AU

Unrestricted Restricted Total Total
funds funds funds funds
2022 2022 2022 2021
Note 8 8 8
Income from:
Donations
and legacies		 3 278,670 2,100 280,770 507,209
Investments 4 716,428 716,428 578,452
Other income 5 148,631 148,631 135,932
Total income 1,143,'729 2,100 1,146,629 1,221,593
Expenditure
on:
Charitable
activities		 6 970,133 60,293 1,020,426 950,924
Total expenditure 970,133 60,293 1,020,426 950,924
Net income/(expenditure) before net
gains on investments 173,696 (48,193) 126,403 270,689
Net gains on investments 49,293 49,293
Total transfers
Net movement
in		 funds before other
recognised
gains/(losses)		 222,889 (46,193) 174,696 270,689
Other recognised galnsl(losses):
Gsinsi(losses)
on revaluation		 offixed
assets 12 3,466,192 3,465,192 (2,150,000)
Net movement
In		 funds 3,688,081 (48,193) 3,639,888 (1,879,331)
Reconciliation
of		 funds;
Total funds brought forward 32,130,389 92,331 32,222,720 34,102,051
Net movement
in funds		 3,688,081 (48,193) 3,639,888 (1,879,331)
Total funds carried forward 35,818,470 44,138 35,862,608 32,222,720

Balance sheet Balance sheet
as at 31 December 2022
Note 2022
5		 2021f
Fixed assets
Tangible assets 11 774,581 625,731
Investment
property		 12 33,790,192 30,420,000
34,664,773 31,045,731
Current assets
Debtors 13 24,068 19,591
Cash at bank and in hand 1,343,060 1,224,372
1,367,126 1,243,963
Creditors: amounts falling due within one
year 14 (69,291) (65,974)
Net current assets 1,297,836 1,175,989
Total assets less current liabilities 36,862,608 32,222,720
Net assets excluding pension asset 36,862,608 32,222,720
Total net assets 36,862,608 32,222,720
Charity funds
Restricted funds 16 44,138 92,331
Unrestricted
funds		 16 35,818,470 32,130,389
Total funds 35,862,608 32,222,720

2022 2021f
Cash flows from operating activities
Nei cash used
in operating		 activities 118,690 288,184
Cash flows from investing activities
Net cash provided
by investing
activities
Cash flows from financing activities
Net cash provided
by financing
activities
Change
in cash and cash		 equivalents In the year 118,690 288,164
Cash and cash equivalents at the beginning ofthe year 1,224,871 936,187
Cash and cash equivalents at the end of the year 1,848,061 1,224,371

Freehold
property		 - 2% on rost
Improvements
to property		 - 2% on cost
Plant and machinery - 25% on cost
iylotor vehicles - 20% on cost
Fixtures and fittings - 15%on cost

Unrestricted Total Total
funds funds funds
2022
6		 2022f 2021f
Other income 144,131 144,131 119,732
Government grants 4,500 4,600 16,200
148,631 148,631 135,932

Unrestricted Restricted Total Total
funds funds funds funds
2022 2022 2022 2021
f. f.
Donations/Grants 57,925 67,926 66,200
Overseas Missions and Conferences 50,134 50,293 100,427 215,742
UK Conferences and Seminars 7,418 7,418 14,441
Supporting Community Activities 554,940 664,940 339,196
Rental Costs 299,718 299,716 315,345
970,133 50,293 1,020,426 950,924
Total 2021 775,183 175,741 950,924

Total Total
Staff costs Depreciation Other costs funds funds
2022 2022
f		 2022
6		 2022 2021
Donations/Grants 57,925 67,926 66,200
Overseas
Missions and
Conferences 100,427 100,427 215,742
UK Conferences snd Seminars 7,418 7,418 14,441
Supporting
Community
Activities 233,452 29,724 291,764 554,940 339,196
Rental Costs 56,205 243,511 299,716 315,345
289,657 29,724 701,045 1,020,426 950,924
Total 2021 216,412 26,019 /06, 493 950,924

Activities
undertaken Support Total Tolel
directly costs funds funds
2022
8		 2022
6		 2022
6		 202 If
Donations/Grants 57,925 57,925 65,200
Overseas Missions and Conferences 67,670 32,758 100,428 215,742
UK Conferences and Seminars 7,418 7,416 14,441
Supporting Community Activities 27,195 527,745 664,940 339,196
Rental Costs 232,204 67,510 299,714 315,345
392,412 628,013 1,020,426 950,924
Tolel 2021 540,563 410,361 950,924

2022 2021
Fees payable to the Charity's auditor for the audit ofthe Charity's annual
accounts 9,000 9,000
Fees payable to the Charity's auditor in respect of:
All non-audit services not included
above		 9,360 9,360

Staff costs
2022 2021
Wages and salaries 269,671 206,497
Social secvrity costs 16,617 8,495
Contribution to defined contribution pension schemes 3,669 3,420
289,657 218,412
2022 2021
No. No.
Full-time staff 5
Part-time staff 10
14 15

Improveme
Freehold nts to Plant and Motor Fixtures and
property property
2		 machinery
6		 vehicles
6		 fittings
f		 Total
Cost or valuation
At 1 January 2022 602,138 551,119 44,385 3,320 262,364 1,463,326
Additions 1r4,eer 2,604 1,412 178,573
At 31 Derember 2022 776,795 661,119 46,889 3,320 253,776 1,631,899
Depreciation
At 1 January 2022 302,191 238,304 42,268 3,319 241,513 627,695
Charge for the year 15,536 11,022 704 2,462 29,724
At 31 December 2022 317,727 249,326 42,972 3,319 243,975 867,319
Net book value
At 31 December 2022 459,068 301,793 3,917 1 9,801 774,680
At 31December 2021 299,947 312,815 2,117 1 10,851 625,731
Investment
property
Freehold
investment
properties
5
Valuation
At 1 January 2022 30,420,000
Disposals (96,000)
Surplus/(Deficit) on revaluation 3,465,192
At 31 December 2022 33,790,192

2022 2021
Due within one year
Other debtors 18,088 17,659
Prepayments
and accrued income		 5,978 1,932
24,066 19,591
14. Creditors: Amounts falling due within one year
2022f 2021f
Trade creditors 3,202 3,955
Other taxation
and social security		 4,896 4,423
Other creditors 50,153 45,482
Accruals and deferred income 11,041 13,114
69,291 66,974
16, Financial instruments
2022
f		 2021
Financial assets
Financial assets measured
at fair valve through		 income and expenditure 1,343,061 1,224,371

Balance at
Balance at 1 31
January Transfers Gains/ December
2022 Income
5		 Expenditure f In/out
6		 (Losses) 2022
Unrestricted
funds
General Funds 1,061,459 1,143,729 (970,133) 64,293 1,299,348
Investment
Reserve 30,420,000 3,450,192 33,870,192
Fixed Asset
Reserve 648,930 648,930
32,130,389 1,143,729 (970,133) 3,514,485 35,818,470
Restricted
funds
Balkan Fund
(Albania) 213 (213)
Brazil Missions 18 (1$)
Seong Hwa
Anniversary
Fund 2,701 2,701
Holy day 4,032 2,100 (5,988) 144
Ancestor
Liberation 86,367 (44+05) 231 41,293
92,331 2,100 (60,293) 44,138
Total offunds 32&222&720 1&146829 (1,020,426) 3,514,485 35,862,608

16. Statement offunds (continued) (continued)
Statement of funds - prior year
8aience at
Balance et tvet 31
1January movement
in		 Gainer December
2021
f		 funds Expenditure (Losses)f 2021f
Unrestricted funds
General Funds 603,152 1,033,490 (775,183) 1,061,459
Investment Reserve 32,570,000 (2,150,000) 30,420,000
Fixed Asset Reserve 646,930 648,930
34,022,082 1,033,490 (775,183) (2,150,000) 32.130,389
Restricted funds
Balkan Fund (Albania) 213 213
Brazil Missions 35 200 (217) 18
Seong Hwa Anniversary Fund 2,311 7,430 (7,040) 2,701
Holy day 1,517 13,T81 (11,266) 4,032
Ancestor Liberation 75,893 166,692 (157,218) 85,367
79,969 188,103 (175,741) 92,331
Total offunds 34,102,051 1,221,593 (950,924) (2,150,000) 32,222, T20
17. Summary
offunds
Summary
offunds		 - current year
Balance at
Balance at 1 31
January Transfers Gains/ December
2022 Income
f.		 Expenditure
f		 in/outf (Losses) 2022
8
General funds 32,130,3$9 1,143,729 (970,133) 3,614,466 36,$18,470
Restncted
funds		 92,331 2,100 (60,293) 44,138
32,222,720 1,14$,$29 (1,020,426) 3,614,4I}6 35,862,608

Analysis of net assets between funds
-current year
Unrestricted Restricted Total
funds funds funds
2022 2022 2022
6
Tangible fixed assets 774,581 774,681
Investment property 33,790,192 33,790,192
Current assets 1,322,989 44,138 1,367,127
Creditors due within one year (69,291) (89,291)
Other (1) 1
Total 35,818,470 44,138 36,862,608
Analysis ofnet assets between funds - prior year
Unrestricted Rsstdcted Total
funds 1'unds funds
2021 2021 2021
Tangible fixed assets 625,731 625,731
Investment property 30,420,000 30,420,000
Current assets 1,151,532 92,331 1,243,963
Creditors due within one year (66,974) (66,974)
32,130,389 92,331 32,222,720

2022f 2021
Net income for the year (as per Statement of Financial Activities) 174,696 270,669
Adjustments
for:
Depreciation
charges		 29,724 26,019
Profit on the sale offixed assets (49,293) (2,818)
Decrease/(increase) in debtors (4,476) 1,351
Increase/(decrease) in creditors 2,317 (7,037)
Net cash provided by operating activities 162,969 286,184
21. Analysis ofcash and cash equivalents
2022 2021
F E
Cash in hand 1,343,061 1,224,371
Total cash and cash equivalents 1,S43,061 1,224,371
22. Analysis
ofchanges		 in net debt
At 1 At 31
January December
2022
f.		 Cash flowsf 2022f
Cash at bank and in hand 1,224,371 118,690 1,343,061
1,224,371 118,690 1,343,061