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|Contents||
|---|---|
|Trustees'
Annual
Report||
|Company
Information|.24|
|Independent
Auditor's
Report.|...26|
|Statement of Financial Activities for year ended 31"December 2022..30||
|Balance Sheet at31"December 2022.||
|Statement ofCashflows for year ended 31"December 2022...............32||
|Notes to the Financial Statements . .||
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|(Incorporating
an Inco|me an|d Expendit|ure
Accou|nt)|||||
|---|---|---|---|---|---|---|---|---|
||||||2022|||2021|
|||Unreetdcted|Designated|Restricted|Total|Unrestricted|Restricted|Total|
|||funds|funds|funds|Funds|funds|funds|Funds|
||Notes|6||6|s|t|6||
|Income from|||||||||
|Donations
and legacies|3|1,828,566||1,200,279|3,028,845|1,640,492|1,450,408|3,090,900|
|Charitable
activities|||||||||
|Literature
and Events||22,534||283|22,817|19,633|248|19,881|
|Interest receivable||18,460|||18,460|1,352||1,352|
|Other||14,378|||14,378|11,752||11,752|
|Total income||1,883,938||1,200,562|3,084,500|1,673,229|1,450,656|3,123,885|
|Expenditure
on|||||||||
|Costs of raising funds|||||||||
|Fundraising||252,528||29,391|281,919|234,948|33,579|268,527|
|Charitable
activities|||||||||
|Providing
them the TOOLS||518,779|21,792|1,412,527|1,953,098|388,304|1,249,024|1,637,328|
|Raising their VOCE||1,010,950||24,114|1,035,064|931,478|28,258|959,736|
|Total expenditure||1,782,257|21,792|1,466,032|3,270,081|1,554,730|1,310,861|2,865,591|
|Net incomei
(expenditure)||101,682|(21,792)|(265,470)|(185,580)|118,499|139,795|258,294|
|Transfers||(20,000)|(98,083)|118,083||177,801|(177,801)||
|after transfers||81,682|(119,875)|(147,387)|(185,580)|296,300|(38,006)|258,294|
|at 1 January 2022|16&17|602,684|620,000|686,830|1,909,514|926,383|724,836|1,651,219|
|Total funds carried|||||||||
|forward at 31 December|1661r|664,366|500,125|539,443|1,723,934|1,222,663|686,830|1,909,513|
|2022|||||||||
##
||||2022||2021|
|---|---|---|---|---|---|
|||Notes|f|||
|Fixed assets||||||
|Tangible assets||||250,865|257,185|
|Intangible Assets||||2,100|4,150|
|Current assets||||||
|Investments
held for|resale|20|4,876|||
|Debtors||12|105,620||72,965|
|Cash at bank and in|hand||1,453,092||1,655,054|
||||1,563,588||1,728,019|
|Creditors —Amounts|falling due|13||||
|within one year|||(92,619)||(79,841)|
|Net current assets||||1,470,969|1,648,178|
|Total assets less current liabilities||||1,723,934|1,909,513|
|Reserves||||||
|Unrestricted
funds||||||
|General Fund||16||684,366|602,684|
|Designated
Funds||16||500,125|620,000|
|Restricted funds||17||539,443|686,829|
|Total funds||||1,723,934|1,909,513|
|Statement ofCashflows|Statement ofCashflows|for year ended|31"December|2022||
|---|---|---|---|---|---|
|||||2022|2021|
||||||E|
||||Notes|||
|Net cash (used in)/generated
by operating|||activities|(215,157)|296,119|
|Cashflows from Investing||Activities||||
|Purchase
of property|plant|and equipment||(5,265)|(251,760)|
|Purchase
of intangible|fixed assets||||(4,200)|
|Interest received||||18,460|1,352|
|Net cash generated|by/(used
in) investing||activites|13,195|(254,608)|
|Net (decrease)/increase||in cash|10|(201,962)|41,511|
|Cash at the beginning|ofthe year|||1,655,054|1,613,543|
|Cash at the end ofthe|year|||1,453,092|1,655,054|
##
|Reconciliation ofnet m|ovement
in f|unds to net cash|flow from|
|---|---|---|---|
|||2022|2021|
|||8||
|Net income
/ (Expenditure)||(185,580)|258,294|
|Adjusted for||||
|Depreciation
charge||11,586|15,383|
|Amortisation
charge||2,050|2,587|
|(Profit)/Loss
on disposal ofassets|||7,237|
|Receipt ofgifi of invsstmenl|for resale|(4,875)||
|Interest
from deposits||(18,460)|(1,352)|
|(Increase)/decrease
in debtors||(32,655)|18,725|
|Increase/(decrease)
in creditors||12,778|(4,755)|
|Net cash used in operating|activities|(215,157)|296,119|
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|3.
Donati|ons
and Gifts||||||
|---|---|---|---|---|---|---|
||||2022|||2021|
||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||funds|funds|funds|funds|funds|funds|
||g|F|6|6|6|f|
|Individuals|1,407,981|581,246|1,989,227|1,344,773|657,827|2,002,600|
|Churches 8
other groups|132,082|130,075|262,157|151,706|86,557|238,263|
|Trusts|30,802|18,991|49,793|24,006|5,110|29,116|
|ICA partner
ministries||469,967|469,967||700,914|700,914|
|Legacies|257,701||257,701|120,007||120,007|
||1,828,566|1,200,279|3,028,845|1,640,492|1,450,408|3,090,900|
##
||||||2022|
|---|---|---|---|---|---|
|||Grants|Direct costs|Support costs|Total|
|||g|g||F|
|||(see note 5)|(see note 6)|(see note 7)||
|Costs of|raising funds|||||
|Fundraising|||245,288|36,631|281,919|
|Charitable|activities|||||
|Providing|them the TOOLS|1,420,508|423,855|108,735|1,953,098|
|Raising their VOICE|||888,419|146,645|1,035,064|
|||1,420,508|1,557,562|292,011|3,270,081|
||||||2021|
|||Grants|Direct costs|Support costs|Total|
|Costs of|raising funds|||||
|Fundraising||(see note 5)|(see note 6)|(see note 7)||
|Charitable|activities||224,448|44,080|268,528|
|Providing|them the TOOLS|1,185,981|362,480|88,867|1,637,328|
|Raising their VOICE|||784,976|174,759|959,735|
|||1,185,981|1,371,904|307,706|2,865,591|
##
##
||Tots I 2022|Tots I 2022|Total|2021|
|---|---|---|---|---|
||No.||No.||
|Central Asia|10|66,426||54,330|
|Middle East/Gulf||318,483|17|220,680|
|North East Afnca|22|409,450|26|426,201|
|West Africa|27|151,768|17|125,635|
|South Asia|118|258,675||219,499|
|South East Asia|19|144,763|23|139,636|
|Other|13|70,943|||
||243|1,420,508|131|1,185,981|
##
|||||2022|||2021|
|---|---|---|---|---|---|---|---|
|*Seenote|8|Staff costs'|Other costs|Total costs|Staff costs'|Other cosba|Total costs|
|||f|f|f|f|f|f|
|Costs ofraising funds||||||||
|Fundrais|ing|117,316|127,972|245,288|108,390|116,058|224,448|
|Charitable|activities|||||||
|Providing|them the TOOLS|244,774|179,081|423,855|226,626|135,854|362,480|
|Raising their VOICE||564,182|324,237|888,419|522,589|262,387|784,976|
|||926,272|631,290|1,557,562|857,605|514,299|1,371,904|
##
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|||||||2022|2022|||||2021|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|*Seenote 8||Staff costs"|Other|costs||Total costs||Staff costs'
Other||costs|Total costs||
|||8|8||||||K
f|||f|
|Costs ofraising|funds||||||||||||
|Fundrais ing||28,986|||7,645||36,631||28,076
16,004|||44,080|
|Charitable
activities|||||||||||||
|Providing
them|the TOOLS|68,797||18,145|||86,943||56,602
32,265|||88,867|
|Raising their VOICE||116,039||30,606|||146,645||111,308
63,451|||174,759|
|||213,823||56,396|||270,219||195,986
111,720|||307,706|
|8.
Staff costs|||||||||||||
||||||||2022||2021||||
|||Notes|||||||||||
|Wages and salaries||||||942,604|||838,864||||
|Social security|costs|||||94,255|||79,758||||
|Pension costs||||||93,810|||96,054||||
|Redundancy|||||||||29,246||||
|Group
Life policy|||||||9,425||9,668||||
|||||||1,140,094|||1,053,590||||
|Total split asfollows:||||||||2022||||2021|
||||Direct||Support||Tots I|staff|Direct|**S**
upport||Tots I staff|
|||(note 6)|||(note|7)|||(note 6)|(note|7)||
|Costs of raising funds|||117,316||28,986||146,302||108,390|28,076||136,466|
|Charitable|activities||||||||||||
|Providing
them the TOOLS|||244,774||68,798||313,571||226,626|56,602||283,228|
|Raising their VOICE|||564,182||116,039
680,221||||522,589|111,308||633,897|
||||926,271||213,823||1,140,094||857,605|195,986||1,053,591|
##
|(20|21:f17k).|21:f17k).|21:f17k).||||
|---|---|---|---|---|---|---|
||The average
number ofemployees|||was:|2022|2021|
||Management||||||
||Administration
and|support|||||
||Overseas
project|management|and UK||18|17|
||information
and education||||||
||||||29|26|
|Net|Income/Expenditure|forthe Year|||||
|||2022|2021|
|---|---|---|---|
|||f|f|
|Depreciation
ofassets|(see note 11)|13,635|17,970|
|Auditors'
remuneration||15,990|14,019|
|Hire ofequipment||6,794|6,674|
##
||||Non cash||
|---|---|---|---|---|
|2022|As at 1 Jan 2022|Cash flows|movements|As at 31 Dec 2022|
|Cash at bank|665,179|(427,413)||237,766|
|Cash on deposit|989,875|225,451||1,215,326|
|Net Cash|1,655,054|(201,962)||1,453,092|
||||Non cash||
|2021|As at 1Jan 2021|Cash flows|movements|Asat 31Dec 2021|
|Cash at bank|522,684|142,495||665,179|
|Cash on deposit|1,090,860|(100,985)||989,875|
|Net cash|1,613,544|41,510||1,655,054|
##
||||Property|Computer
Equipment|Ofsce
Equipment|Leasehold
Improvements|Total|
|---|---|---|---|---|---|---|---|
|Cost||||||||
|At 1st January
2022|||250,000|77,517|33,338||360,855|
|Additions||||5,265|||5,265|
|Disposals||||||||
|At 31st December|2022||250,000|82,782|33,338||366,120|
|Depreciation||||||||
|At 1st January
2022|||1,140|70,027|32,503||103,670|
|Charge for year|||3,420|7,330|835||11,585|
|Disposals||||||||
|At 31st December|2022||4,560|77,357|||115,255|
|Net book values||||||||
|At 31st December|2022||245,440|5,425|(0)||250,865|
|At 31st December|2021||248,860|7,490|835||257,185|
|Depreciation
rates: Straight-line||||||||
|Property-
remainder||oflease||||||
|Computers- 33.3% per annum||||||||
|Oece equipment-|25% per annum|||||||
|Intangible
Assets||||||||
|||||||Softvrare
Development|Total|
|Cost||||||||
|At 1st January 2022||||||25,345|25,345|
|Additions||||||||
|Disposals||||||||
|At 31st December|2022|||||25,345|25,345|
|Depreciation||||||||
|At 1st January
2022||||||21,195|21,195|
|Charge for year||||||2,050|2,050|
|Disposals||||||||
|At 31st December|2022|||||23,245|23,245|
|Net book values||||||||
|At 31st December|2022|||||2,100|2,100|
|At 31st December|2021|||||4,150|4,150|
##
|||2022|2021|
|---|---|---|---|
|||6|8|
|Due within|one year|||
|Other debtors||54,068|27,954|
|Prepayments||25,852|29,271|
|Accrued legacies||25,700|15,740|
|||105,620|72,965|
##
##
||2022|2021|
|---|---|---|
||f|6|
|Trade creditors|28,504|24,912|
|Other creditors|18,725|19,201|
|Accruals|45,390|35,728|
||92,619|79,841|
##
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||||||Balance|Income|Expenditure|Transfers|Balance|
|---|---|---|---|---|---|---|---|---|---|
||||||01dsn-22||||31-Dec-22|
||||||f|f||||
|General Resene||Fund|||602,684|1,883,938|(1,782,256)|(20,000)|684,366|
|Designated|Fund|- Grant Reponse||Fund|200,000|||(198,083)|1,917|
|Designated|Fund|- Property|resene||250,000||||250,000|
|Designated|Fund-|Property|repairs||170,000||(21,791)||148,209|
|Designated|Fund-|new property||||||100,000|100,000|
||||||1,222,684|1,883,938|(1,804,047)|(118,083)|1,184,492|
||||||Balance|Income|Expenditure|Transfers|Balance|
||||||014an-21||||31-Dec-21|
||||||f||f|f|f|
|General Resene||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|resene|||||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|
##
|within our obj|e|ctives|as described
o|n page 5.|||||
|---|---|---|---|---|---|---|---|---|
|||||Balance|Income|Expenditure|Transfers|Balance|
|||||01Jan-22||||31-Dec-22|
|||||6|||||
|Christians
forced to|iles|||2,023|169,322|(87,895)|(62,359)|21,091|
|Families ofChristian||martyrs||93,108|32,736|(113,220)|(12,624)|0|
|Prisoners offaith and||their families||45,901|100,876|(106,991)||39,786|
|Christians
su6ering|oppression||and uiolence|78,702|78,221|(223,622)|66,699|(0)|
|Central
Asia||||1,898|37,215|(64,750)|27,501|1,864|
|Middle EasUGulf||||12,286|83,402|(102,993)|12,538|5,233|
|Norlh East Africa||||329,112|445,672|(376,971)|462|398,275|
|West Africa||||13,199|11,175|(37,548)|22,543|9,369|
|South Asia||||46,496|71,025|(140,148)|58,673|36,046|
|South East Asia||||18,183|19,211|(12,118)|113|25,389|
|Personal
Support||||195|38,907|(37,915)||1,187|
|Generic funds
and other||||45,726|32,206|(81,268)|4,539|1,203|
|||||686,829|1,119,968|(1,385,439)|118,085|539,443|
|||||Balance|Income|Expenditure|Transfers|Balance|
|||||01Jan-21||||31-Dec-21|
|||||||||6|
|Families ofChristian||martyrs||51,208|143,198|(101,298)||93,108|
|Prisoners
offaith and||their families||78,369|74,031|(106,499)||45,901|
|Christians
sullering|oppression||and uolence|38,629|90,165|(126,771)||2,023|
|Christians
forced to|lice|||26,981|203,584|(151,863)||78,702|
|Central Asia||||7,193|18,233|(23,528)||1,898|
|Middle East/Gulf||||25,602|119,340|(132,656)||12,286|
|North and East Africa||||329,774|383,489|(384,151)||329,112|
|West Africa||||28,321|55,420|(70,542)||13,199|
|South Asia||||65,798|91,152|(110,454)||46,496|
|South East Asia||||34,166|23,735|(39,718)||18,183|
|Pemonal
Support||||196|43,354|(43,355)||195|
|Generic funds and other||||38,599|204,955|(20,027)|(177,801)|45,726|
|||||724,836|1,450,656|(1,310,862)|(177,801)|686,829|
##
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|18.
An|alysis of Net A|ssets Between Funds||||
|---|---|---|---|---|---|
|||Fixed assets|Cash|Net Current
assets|Totals|
|||||f||
|Restricted|funds||529,198|10,245|539,443|
|Unrestricted|funds|252,965|923,893|7,632|1,184,491|
|||252,965|1,453,091|17,877|1,723,934|
|2021||Fixed assets|Cash|Net Current
assets|Totals|
||||f|f|f|
|Restricted|funds||678,742|8,068|686,829|
|Unrestricted|funds|261,335|976,312|(14,964)|1,222,684|
|||261,335|1,655,054|(6,896)|1,909,513|
##
|19.
O|the|r Financial Com|mitments||||
|---|---|---|---|---|---|---|
||||2022||2021||
||||Office|Premises|Office|Premises|
|Operating|Leases||Equipmentf|Rentalf|Equipmentf|Rents If|
|Due under|1|year|6,674|225|6,674|225|
|Due between||2 lo 5years|13,348|900|18,353|900|
|Due aRer|more than 5years|||15,019||15,007|
||||20,022|16,144|25,027|16,132|
##
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