## # ## |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|| ## ## ## ## ##