2022-08-31-accounts - The Kingdom Hall Trust

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			Page
Report ofthe Trustees		1	to	5
Report ofthe independent	Auditors	6	to	7
Statement ofFiaancial Activities
Balance Sheet
Cash Flow Statemeat			10
Notes tothe Finaacial Statements		11	to	16

				Carbon
				Tonnes	KwH
Quantity	ofemissions in tonnes ofcarbon dioxide equivalent
resulting	from activities for which the		company isresponsible	2,3S4
Quantity	ofenergy	consumed resulting	from activities for
which the company		is responsible			12,745,042

for the Y	ear Ended 31	st August 20	22
						2022	2021
						Unrestricted	Total
					Notes	fundf	funds
INCOME	AND ENDOWMENTS		FROM
Donations	and legacies					30,916,771	133,228,025
EXPENDITURE ON
Charitable activities
Providing	places ofworship for Jehovah's			Witnesses		4,236,329	1,727,892
Donations	to other charities with similar aims and
objectives						14,250,000	21,150,000
Assisting	congregations	ofJehovah's	Witnesses			6,345,969	4,438,517
Total						24,832,298	27,316,409
NET INCOME						6,084,473	105,911,616
RECONCILIATION		OF FUNDS
Total funds brought forward						215,905,357	109,993,741
TOTAL	FUNDS CARRIED FORWARD					221 989830	2 5905 357

Balance Sheet 31stAugust 2022
		2022	2021
		Unrestricted	Total
		fund	fllflds
	Notes	f.	8
FIXEDASSETS
Tangible assets		212,707,328	203,666,333
Social investments		445,705	445,705
		213,153,033	204,112,038
CURRENT ASSETS
Debtors		651,628	632,138
Cash at bank		8591.435	11,485,491
		9,243,063	12,117,629
CREDITORS
Amounts falling due within one year	10	(406,266)	(324,310)
NET CURRENT ASSETS		8836797	11.793.319
TOTAL ASSETSLESSCURRENT	LIABILITIES	221,989,830	215,905,357
NET ASSETS		221.989 830	2 5.905 357
FUNDS
Unrestricted funds		22,989,830	215905357
TOTAL FUNDS		221,989830	2 5.905.357

			Notes	2022f	2021f
Cash flows from operating activities Cash generated from operations			13	~980.270)	5,166,992
Net cash (used in)/provided	by operating	activities		~1.980.270)	5 166,992
Cash flows from iavesting	activities
Purchase oftangible fixed assets				(1,916,796)	(647,704)
Saleoftangible fixed assets				1,003,010	356662
Net cash used in investing	activities			~93.786)	~29) 042)
Change in cash and cash	equivalents	in the
reporting period				(2,894,056)	4,875,950
Cash and cash equivalents	at the begianing		of
the reporting period				))485 491	6609541
Cash and cash equivalents	at the end	ofthe
reporting period				8,591,435	11485 9

DONATI	ONS AND L	EG	ACIES
						2022	2021
						f,	f.
Donated Assets						12,136,476	102,059,932
Donations						17,247,271	29,545,930
Gift aid						1 533024	1 622 163
						30,916771	133220 025
CHARITABLE ACTIVITIES COSTS
						Support
					Direct	costs (see
					Costs f	note 4) f	Totalsf
Providing	places ofworship		for Jehovah's
Witnesses					4,162,763	73,566	4,236,329
Donations	to other charities		with similar
aims and	objectives				14,250,000		14,250,000
Assisting	congregations	of	Jehovah's
Witnesses					6 272 403	73566	63 5.969
					24,685,166	147,132	24,832,298
SUPPORT COSTS
						Governance
					Finance	costs	Totals
						f	f
Providing	places ofworship		for Jehovah's
Witnesses					37,704	35,862	73,566
Assisting	congregations	of	Jehovah's	Witnesses	37,703	35,863	73,566
					75,407	~71 725	147,132

		2022	2021f
Auditors'	remuneration	48,000	22,080
Depreciation -owned assets Surplus on disposal offixed assets		3,060,697 ~43,175)	1,642,898 ~3224)

TANGIBLE FIXEDASSETS
	Freehold
	property
COST
At 1st September 2021	205,719,317
Additions Disposals	13,061,527 ~960427)
At 31stAugust 2022	217,812,417
DEPRECIATION
At 1st September 2021	2,052,984
Charge for year Eliminated on disposal	3,060,697 ~8592)
At 31stAugust 2022	5.105089
NET BOOK VALUE
At 31stAugust 2022	212707 328
At 31stAugust 2021	203.666333
SOCIAL INVESTMENTS
	Programme
	related
	investments
	equity f
MARKET VALUE
At 1stSeptember 2021 and 31stAugust 2022	445,705
NET BOOK VALUE
At 31st August 2022	445,705
At 31stAugust 2021	445,705

					Incoming		Resources	Movement
					resources		expended f.	in funds f
Unrestricted		funds
General	fund			133,228,025		(27,316,409)		105,911,616
TOTAL	FUNDS			)33228 025		~2376409)		05 911616
A current	year	12months	and prior year 12months combined	position is as	follows:
							Net
							movement	At
					At 1.9.20		in funds	31.8.22
					f		f	f
Unrestricted		funds
General	fund			109,993,741		111,996,089		221,989,830
TOTAL	FUNDS			109993741		111996089		221989830
A current	year	12months	and prior year 12months combined	net movement	in funds,	included	in the above	are as follows:
					Incoming		Resources	Movement
					resources		expended f	in funds
Unrestricted		funds
General	fund			164,144,796		(52,148,707)		111,996,089
TOTAL	FUNDS			104144796		~52, 48707)		ll)996089

RECONCILIATION	OF NET INCOME TO NET CASH FLOW FROM	OPERATING ACTIVITIES
		2022	2021
		f	f
Net income for the reporting	period (as per the Statement ofFinancial
Activities)		6,084,473	105,911,616
Adjustments for:
Depreciation charges		3,060,697	1,642,898
Profit on disposal offixed assets		(43,175)	(3,224)
Donated Assets		(11,144,731)	(99,000,000)
Donated Assets			(3,059,932)
Increase in debtors		(19,490)	(405,995)
Increase in creditors		81,956	8 629
Net cash (used in)/provided	by operations	~1,980.270)	5166.9 2

14.	ANALYSIS OF CHANGES IN NET FUNDS
		At 1.9.21	Cash tlow	At 31.8.22
		f
	Net cash Cash at bank	85. 9	~2.89 .056	8.591	35
		17485491	~2894056	859	.435
	Total	li. 85491	~2894056	8. 9	.435
15.	FINANCIAL INSTRUMENTS

	2022	2021
Debt instruments at cost
Other debtors	519,117	629 18
Total	5 91	6294 8
Financial Liabilities at cost
Trade creditors	4,043	1,863
Other creditors	126,368	153,447
Accrued expenses	275 855	69 0110
Total	406 266	324 310