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2021-12-31-accounts

Contents
Trustees' Annual Report.
Company
Information		 ...16
Independent
Auditor's
Report		 .....21
Statement of Financial Activities for year ended 31"December 2021..25
Balance Sheet at31"December 2021.. .....26
Statement ofCashflows for year ended 31"December 2021... ...27
Notes tothe Financial Statements .......................................... ...28

2021 2020
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds Funds funds funds Funds
Notes 6 6 6
Income from
Donations
and legacies		 3 1,640,492 1,450,408 3,090,900 1,579,778 1,340,582 2,920,360
Charitable
activities
Literature
and Events		 19,633 248 19,881 23,737 611 24,348
Interest receivable 1,352 1,352 3,199 3,199
Other 11,752 11,752 30,279 30,279
Total income 1,673,229 1,450,656 3,123,885 1,636,993 1,341,193 2,978,186
Expenditure
on
Costs of raising funds
Fundraising 234,948 33,579 268,527 222,658 35,297 257,955
Charitable
activities
Providing
them the TOOLS
Raising their VOICE		 388,303
931,478		 1,249,025
28,258		 1,637,328
959,736		 370,154
919,395		 1,090,477
32,452		 1,460,631
951,847
Total expenditure 1,554,729 1,310,862 2,865,591 1,512,207 1,158,226 2,670,433
Net incomel (expenditure) 118,500 139,794 258,294 124,786 182,967 307,753
Transfers 177,801 (177,801)
Net incomel (expenditure)
after transfers		 296,301 (38,007) 258,294 124,786 182,967 307,753
Total funds brought
forward
at 1 January 2021		 724,836 1,651,219 801,597 541,869 1,343,466
Total funds carried forward
at 31December 2021 686,829 1,909,513 926,383 724,836 1,651,219

Balance Sheet at 31"Dece mber 2021
For Release International —Company Number 01506576
2021 2020
Notes 8
Fixed assets
Tangible assets 257,185 28,045
Intangible Assets 4,150 2,537
Current assets
Debtors 12 72,965 91,690
Cash at bank and in hand 1,655,054 1,613,543
1,728,019 1,705,233
Creditors —Amounts
one year		 falling due within 13 (79,841) (84,596)
Net current assets 1,648,178 1,620,637
Total assets less current liabilities 1,909,513 1,651,219
Reserves
Unrestricted
funds
General Fund 16 602,684 726,383
Designated
Fund		 16 620,000 200,000
Restricted funds 17 686,829 724,836
Total funds 1,909,513 1,651,219

2021 2020
,E E
Notes
Net cash used in operating
activities		 zo 296,119 683,512
Cashflows
from Investing		 Activities
Purchase ofproperty
plant
Purchase ofintangible
fixed
Proceeds from sale offixed
Interest received		 and equipment
assets
assets		 (251,760)
(4,200)
1,352		 4,801
3,199
Net cash used by investing
activites		 (254,608) 8,000
Net increase/(decrease) in cash 41,511 691,512
Cash at the beginning
ofthe year		 1,613,543 922,031
Cash at the end ofthe year 1,655,054 1,613,543
Reconciliation ofnet movement in funds to net cash flow from operating in funds to net cash flow from operating activities
2021 2020
6 6
Net Income
/ (Expenditure)
Adjusted for		 258,294 307,753
Depreciation
charge		 15,383 16,246
Amortisation
charge
(Profit)/Loss
on disposal ofassets
Interest from deposits
(Increase)/decrease
in debtors
Increase/(decrease)
in creditors
Net cash used in operating
activities		 2,587
7,237
(1,352)
18,725
(4,755)
296,119		 3,286
(4,801)
(3,199)
367,812
(3,585)
683,512

2021 2020
Unrestricted Restricted Total Unrestricted Restricted Total
funds
f		 funds
f		 fundsf fundsf funds
f		 fundsf
Individuals 1,344,773 657,827 2,002,600 1,318,938 688,616 2,007,554
Churches
8
other groups		 151,706 86,557 238,263 153,991 141,897 295,888
Trusts 24,006 5,110 29,116 62,690 14,160 76,850
ICA partner 700,914 700,914 5,300 495,909 501,209
ministries
Legacies 120,007 120,007 38,859 38,85=
1,640,492 1,450,408 3,090,900 1,579,778 1,340,582 2,920,360

ere were no gifts in kind in 2021
Expenditure		 (2020:E5,300bo oks donated
by		 an ICA Partner Min istry).
2021
Grantsf Direct costs
f		 Support costs
f		 Totalf
(see note 5) (see note 6) (eee note 7)
Costs ofraising funds
Fundraising		 224,448 44,080 268,527
Charitable
activities
Providing
them the TOOLS
Raising their VOICE		 1,185,981 362,480
784,976		 88,867
174,759		 1,637,328
959,736
1,185,981 1,371,904 307,706 2,865,591
2020
Grantsf Direct costs
f		 Support costs
f		 Totalf
Costs ofraising funds (see note 5) (see nots 6) (see note 7)
Fundraisina 220,213 37,742 257,955
Charitable
activities
Providing
them the TOOLS		 1,036,165 346,746 77,720 1,460,631
Raising their VOICE 796,004 155,843 951,847
1,036,165 1,362,963 271,305 2,670,433

The Ministry
has taken advantage
of the exemption
available
in the Charity
SORP not to disclose
specific information
in relation to grant
making,
on the grounds
that the disclosure
could result
in
serious
prejudice to the grant
maker
and/or
the recipient
institution,
individuals
working
for the
recipient
institution
or individuals.		 The Ministry
has taken advantage
of the exemption
available
in the Charity
SORP not to disclose
specific information
in relation to grant
making,
on the grounds
that the disclosure
could result
in
serious
prejudice to the grant
maker
and/or
the recipient
institution,
individuals
working
for the
recipient
institution
or individuals.		 The Ministry
has taken advantage
of the exemption
available
in the Charity
SORP not to disclose
specific information
in relation to grant
making,
on the grounds
that the disclosure
could result
in
serious
prejudice to the grant
maker
and/or
the recipient
institution,
individuals
working
for the
recipient
institution
or individuals.		 The Ministry
has taken advantage
of the exemption
available
in the Charity
SORP not to disclose
specific information
in relation to grant
making,
on the grounds
that the disclosure
could result
in
serious
prejudice to the grant
maker
and/or
the recipient
institution,
individuals
working
for the
recipient
institution
or individuals.		 The Ministry
has taken advantage
of the exemption
available
in the Charity
SORP not to disclose
specific information
in relation to grant
making,
on the grounds
that the disclosure
could result
in
serious
prejudice to the grant
maker
and/or
the recipient
institution,
individuals
working
for the
recipient
institution
or individuals.		 The Ministry
has taken advantage
of the exemption
available
in the Charity
SORP not to disclose
specific information
in relation to grant
making,
on the grounds
that the disclosure
could result
in
serious
prejudice to the grant
maker
and/or
the recipient
institution,
individuals
working
for the
recipient
institution
or individuals.		 The Ministry
has taken advantage
of the exemption
available
in the Charity
SORP not to disclose
specific information
in relation to grant
making,
on the grounds
that the disclosure
could result
in
serious
prejudice to the grant
maker
and/or
the recipient
institution,
individuals
working
for the
recipient
institution
or individuals.		 The Ministry
has taken advantage
of the exemption
available
in the Charity
SORP not to disclose
specific information
in relation to grant
making,
on the grounds
that the disclosure
could result
in
serious
prejudice to the grant
maker
and/or
the recipient
institution,
individuals
working
for the
recipient
institution
or individuals.		 The Ministry
has taken advantage
of the exemption
available
in the Charity
SORP not to disclose
specific information
in relation to grant
making,
on the grounds
that the disclosure
could result
in
serious
prejudice to the grant
maker
and/or
the recipient
institution,
individuals
working
for the
recipient
institution
or individuals.		 The Ministry
has taken advantage
of the exemption
available
in the Charity
SORP not to disclose
specific information
in relation to grant
making,
on the grounds
that the disclosure
could result
in
serious
prejudice to the grant
maker
and/or
the recipient
institution,
individuals
working
for the
recipient
institution
or individuals.		 The Ministry
has taken advantage
of the exemption
available
in the Charity
SORP not to disclose
specific information
in relation to grant
making,
on the grounds
that the disclosure
could result
in
serious
prejudice to the grant
maker
and/or
the recipient
institution,
individuals
working
for the
recipient
institution
or individuals.		 The Ministry
has taken advantage
of the exemption
available
in the Charity
SORP not to disclose
specific information
in relation to grant
making,
on the grounds
that the disclosure
could result
in
serious
prejudice to the grant
maker
and/or
the recipient
institution,
individuals
working
for the
recipient
institution
or individuals.		 The Ministry
has taken advantage
of the exemption
available
in the Charity
SORP not to disclose
specific information
in relation to grant
making,
on the grounds
that the disclosure
could result
in
serious
prejudice to the grant
maker
and/or
the recipient
institution,
individuals
working
for the
recipient
institution
or individuals.
Included
in the table below were 5
f13,420 (2020:5grants South and		 grants
South		 to individuals
in South, South
East Asia totalling f14,986).		 East Asia and Other totalling
No support costs have been allocated to the total amount ofthe grants.
Total 2021 Total 2020
No. No. f
Central Asia 54,330 5 38,558
Middle East/Gulf 17 220,680 33 316,863
North East Africa 25 425,201 24 357,357
West Africa 17 125,635 16 113,434
South Asia 40 219,499 39 120,222
South East Asia 23 139,636 22 88,973
Other 1,000 1 758
131 1,185,981 140 1,036,165
6. Direct costs
*Seenote 8 Staff costs*
f		 Other costs
6		 2021
Total costs
6
Staff costs*
6		 Other 2020
costs
Total costs
6
Costs ofraising funds
Fundraising 106,390 116,056 224,448 100,656 119,555
220,213
Charitable
activities
Providing
them the TOOLS		 226,626 135,654 362,480 211,016 135,728
346,746
Raising their VOICE 522,669 262,387 784,976 466,675 309,129
796,004
657,605 514,299 1,371,904 796,550 664,413
1,362,963

2021 2020
*Seenote 8 Stsifcosts"
Other		 costs Total costs Stair costs' Other costs
Total costs
E E E E E E
Costs ofraising funds
Fundrsising 28,076 16,004 44,080 25,063 12,679 37,742
Charitable activities
Providing them the TOOLS 56,602 32,265 ee,e67 51,611 26,108 77,719
Raising their VOICE 111,308 63,451 174,759 103,492 52352 155844
195,986 111,720 307,706 180,166 91,139 271,305
Staff costs
2021 2020
E
Wages and salaries 838,864 808,386
Social security costs 79,758 76,176
Pension costs 96,054 85,025
Redundancy 29,246
Group Life policy 9,668
1,053,590		 9,130
978,716
Total split as follows: Direct Support 2021
Total stalf
costs		 Direct Support 2020
Total staff
costs
(note 6) (note 7) (note 6) (note 7)
Costs ofraising funds 108,390 28,076 136,465 100,658 25,063 125,72
Charitable
activities
Providing them the TOOLS 226,626 56,602 283,227 211,018 51,611 262,629
Raising their VOICE 522,589 111,308 633,898 486,875 103,492 590,366
857,605 195,986 1,053,590 798,550 180,166 978,716

The average
number ofemployees		 The average
number ofemployees		 was: 2021 2020
Management
Administration
and support
Overseas
project management
information
and education		 and UK 18 17
26 26
Net Income/Expenditure
for the		 Year
The net income/ expenditure
for		 the year is stated after charging:
2021 2020
E E
Deprecia0on ofassets (see note t1) 17,970 19,532
Auditors' remuneration 14,019 14,587
Hire of equipment 6,674 3,584
10. Analysis ofcash, cash equivalents and net debt
Non cash
2021 As at 1Jan 2021 Cash flows movements As at 31Dec 2021
Cash at bank 522,683 142,495 665,178
Cash on deposit 1,090,860 (100,985) 989,875
Net Cash 1,613,543 41,511 1,655,054
Non cash
2020 As at 1Jan 2020 Cash flows movements As at 31Dec 2020
Cash at bank 298,970 223,713 522,683
Cash on deposit 623,061 467,799 1,090,860
Nst cash 922,031 691,512 1,613,543

Fixed Assets
Property Computer
Equipment		 Office
Equipment		 Leasehold
Improvements		 Total
Cost
At 1stJanuary
2021		 77,842 34,076 30,476 142,394
Addisons 250,000 1,760 251,760
Disposals (2,085) (738) (30,476) (33,299)
At 31stDecember 2021 250,000 77,517 33,338 360,855
Depreciation
At 1stJanuary
2021		 61,879 31,298 21,172 114,350
Charge for year 1,140 10,233 1,942 2,068 15,383
Disposals (2,085) (738) (23,240) (26,06'.
At 31stDecember 2021 1,140 70,027 32,503 103,670
Net book values
At 31stDecember 2021 248,860 7,490 835 257,185
At 31st December 2020 15,963 2,777 9,304 28,044
Depreciation
rates:
Straight-line Remainder of lease 25% p.a. 20% p.a. Remainder of lease
Intangible Assets
Software Total
Development
Cost
At 1stJanuary
2021		 21,145 21,14
Additions 4,200 4,200
Disposals
At 31stDecember 2021		 25,345 25,345
Depreciation
At 1stJanuary
2021		 18,608 18,608
Charge for year 2,587 2,587
Disposals
At 31st December 2021 21,195 21,195
Net book values
At 31st December 2021 4,150 4,150
At 31stDecember 2020 2,537 2,537
Depreciation
rates:
Straight-line		 25% p.a.

2021 2020
g
Due within one year
Olher debtors 27,954 60,829
Prepaymsnts 29,271 30,361
Accrued legacies 15,740 500
72,965 91,690

2021 2020
8
Trade creditors 24,912 37,406
Other creditors 19,201 13,662
Accruals 35,728 33,527
79,841 84,596

Balance Income Expenditure Transfers Balance
01-Jan-21 31-Dec-21
6 6 f
General Reserve Fund 726,383 1,608,729 (1,490,229) (242,199) 602,684
Designated Fund —Grant Reponse Fund 200,000 64,500 (64,500) 200,000
Designated Fund - Property reserve 250,000 250,000
Designated Fund - Property repairs 170,000 170,000
926,383 1,673,229 (1,554,729) 177,801 1,222,684
Balance Income Expenditure Transfers Balance
01-Jan-20 31-Dec-20
6 6
General Reserve Fund 801,597 1,636,993 (1,512,207) (200,000) 726,3i
Designated Fund - Grant Reponse Fund 200,000 200,000
801,597 1,636,993 (1,512,207) 926,383

Balance Income Expenditure Transfers Balance
01-Jan-21 31-Dec-21
Families of Chrisgan
martyrs
Prisoners of faith and their families
Christians
forced lo flee
Chrisgans
suffering
oppression
and violence		 51,208
78,369
38,629
26,981		 8
143,198
74,031
90,165
203,584		 (101,298)
(106,499)
(126,771)
(151,863)		 6
93,108
45,901
2,023
78,702
Central Asia
Middle East/Gulf
North East Africa
West Africa
South Asia
South East Asia		 7,193
25,602
329,774
28,321
65,798
34,166		 18,233
119,340
383,489
55,420
91,152
23,735		 (23,528)
(132,656)
(384,151)
(70,543)
(110,454)
(39,718)		 1,898
12,286
329,112
13,198
46,496
18,183
Purchase of long lease ofoffice building
Personal Support
Generic funds and other		 196
38,599		 177,801
43,354
27,154		 (43,355) (177,801) 196
45,726
724,836 1,450,656 (1,310,862) ~177,801 686,829
Balance Income Expenditure Balance
01-Jan-20 31-Dec-20
6
Families of Christian
martyrs
Prisoners of faith and their families
Christians
suffering
oppression
and violence
Christians
forced to flee		 29,316
42,079
7,020		 104,005
169,843
77,568
159,942		 (82,112)
(133,553)
(57,607)
(121,312)		 51,208
78,369
26,981
38,629
Central Asia
twaddle East/Gulf
North and East Africa
West Afnca
South Asia
South East Asia
Personal Support
Generic funds and other		 1,935
35,171
283,355
44,081
44,484
19,540		 12,526
158,899
365,034
42,842
92,542
20,694
50,221
87074		 (7,268)
(168,468)
(318,616)
(58,603)
(71,228}
(6,069)
(50,025)
~384		 7,193
25,602
329,774
28,321
65,798
34,166
196
38,599
.836