||||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| ## ## ## ## |||||||2022|2021| |---|---|---|---|---|---|---|---| |Other debtors||||||519,117|629,418| |Prepayments|and accrued income|||||132,511|2,720| |||||||651,628|~632 138| |CREDITORS:||AMOUNTS|FALLING DUE WITHIN ONE YEAR||||| |||||||2022
f|2021f| |Trade creditors||||||4,043|1,863| |Other creditors||||||126,368|153,447| |Accrued expenses||||||275,855|~169000| |||||||406,266|~324310| |MOVEMENT||IN FUNDS|||||| |||||||Net|| |||||||movement|At| ||||||At 1.9.21|in funds|31.8.22| ||||||f|f|f| |Unrestricted|funds||||||| |General fund|||||215,905,357|6,084,473|221,989,830| |TOTAL FUNDS|||||215.905 357|6,084,473|221,989,830| |Net movement||in funds, included||in the above are as follows:|||| ||||||Incoming|Resources|Movement| ||||||resources
f|expended|in funds
f| |Unrestricted|funds||||||| |General fund|||||30,916,771|(24,832,298)|6,084,473| |TOTAL FUNDS|||||3091677|~248322987|6084473| |Comparatives||for movement|in|funds|||| |||||||Net|| |||||||movement|At| ||||||At 1.9.20|in funds|31.8.21| ||||||f|f|f| |Unrestricted|funds||||||| |General fund|||||109,993,741|105,911,616|215,905,357| |TOTAL FUNDS|||||09993741|705917616|215905357| ## ## ||||||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| ## |13.|RECONCILIATION|OF NET INCOME TO NET CASH FLOW FROM|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|