## **CONGO CHURCH ASSOCIATION** REGISTERED CHARITY NO. 285760 ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 30TH JUNE 2022 **CONGO CHURCH ASSOCIATION YEAR ENDED 30TH JUNE 2022 ANNUAL REPORT AND FINANCIAL STATEMENTS** ## **Page Description** - **1 - 4 Trustees’ Report, including:** - **1 Trustees’ Information, Bankers and Independent Examiner;** - **2 Objects of the Association, Report from the Secretary;** - **3 - 4 Treasurer's Commentary on the Accounts.** - **5 Independent Examiner's Report.** - **6 Statement of Financial Activities.** - **7 Balance Sheet.** - **8 Accounting policies** - **9 - 11 Notes to the Accounts.** ## **TRUSTEES' REPORT FOR THE CONGO CHURCH ASSOCIATION (CCA) REGISTERED CHARITY NO 285760, OCTOBER 2022** The Congo Church Association, registered charity number 285760, is an unincorporated association governed by a written constitution. ## **Trustees** The Association's Chairman is appointed by the Archbishop of the Anglican Church of Congo (Eglise Anglicane du Congo). Other trustees are appointed by the members at its Annual General Meeting. None of the officers or other trustees receives a salary or any other benefits from the Association. The principal officers of the Association and their addresses are as follows: |**Chairman**|**Honorary Secretary**|**Honorary Treasurer**| |---|---|---| |The role became vacant|Mrs. Julia Dickens|Mr. Paul Dickens| |on 11thJanuary when|Hockliffe Grange|Hockliffe Grange| |Judy Rous retired to take up|Hockliffe|Hockliffe| |a post in Aru, DR Congo|Bedfordshire LU7 9NL|Bedfordshire LU7 9NL| Since the Association does not have a principal or registered office, all correspondence should be addressed to one of the above persons. The other trustees who served during the year were: **Elected (at 2021 AGM):** Revd. Tim Naish, Revd. Matthew Grayshon, Martin Jennings, Julia Dickens. ## **Co-opted during the year:** None **Bankers:** Bank accounts are held with Santander, 2 Triton Square, Regent's Place, London, NW1 3AN and with CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, Kent ME19 4JQ **Independent Examiner:** Mr Anthony Williams, A J Carter and Co, Chartered Accountants, 22b High Street, Witney, Oxon OX28 6RB The Association’s objects are: 1 a) To advance the Christian Religion in the Democratic Republic of the Congo; b) In partnership with the Anglican Church in the Democratic Republic of Congo to relieve poverty and to provide for the needs of refugees and the displaced; c) In partnership with the Anglican Church in the DRC and civil society there to promote and sustain schemes for peace and reconciliation, health, education and community development for the welfare and benefit of the population; d) To relieve poverty among the clergy and former clergy of the Anglican Church and the widows and dependents of any such persons. ## **There being no Chairman at present, this report is from the Secretary** The Committee of the Association, who are also the Trustees, met 6 times during the year, rather more frequently than normal, as trustees came to terms with Judy Rous’s departure. All committee meetings were held on Zoom. The Annual General Meeting 2021 took place on 16[th] October 2021, both face to face and on Zoom. Presentations included updates from various church leaders in DRC, both live and pre-recorded, as well as a photo presentation covering every diocese and national ministry. More people than normal were able to attend the gathering because it was online. Peter Wood was appointed as a trustee. The Trustees have had regard to the guidance issued by the Charity Commission in relation to public benefit in executing the activities of the Congo Church Association (CCA). CCA has disbursed grants from the General Fund and the Restricted Funds for purposes that are in line with the Objects of the Association. The same pattern of disbursing funds has continued, notably awarding equal grants to the dioceses, to the Provincial Department for Mission and Evangelism and to the Provincial Youth and Children’s Department as well as 7 bursaries for theological education at the Anglican University of Congo (UAC). CCA’s grants support a wide range of activities undertaken by the Anglican Church of Congo (EAC). Despite the challenges caused by Covid-19, ongoing serious insecurity, population displacement and violence, a remarkable number of ordinary activities have continued. For instance, CCA grants have supported the following: - _continuing construction of MU duplex for income generating in Beni_ - _help for displaced clergy and families following attacks May/June 21 in Boga_ - _2 week training retreat for 25 ordinands and their wives in Bukavu_ - _building a house for a theology student who will later church plant in the area in Goma_ - _school fees for clergy children; purchase Bibles and hymn books in Kamango_ - _church-planting initiative in Kasai_ - _purchase of roofing sheets and Bibles for new churches in Katanga_ - _purchase & distribution of bibles & hymn/song books for parishes & bible institute students in_ - _Kisangani_ - _support for 8 theology students in the university in North Kivu_ The remaining funds from the UAC Theology Faculty Endowment were released to complete the electrical installation in the new house. This is now let for income generation. The third and final tranche of money from a generous legacy saw the completion of William Technical School in Kindu. Project reporting is essential before a new proposal can be considered; each proposal must be in line with the Objects of the Association. Sometimes recipients choose to carry over their grant so that a bigger sum is available in a subsequent year. Restricted gifts provided, amongst other things, support for particular dioceses and ministries; for the Peace Centre at Rwampara; for the orphanage at Butembo, both for building work and school fees for the children; support for clergy families and orphans; youth ministry; and palliative care work in Aru Diocese. Chief among the challenges for trustees in the year to June 2022 has been coming to terms with Judy Rous’s retirement from her role as chairman. We all knew there would be a void when she left; none of us quite appreciated the scale of the chasm that her departure would create. Her 2 depth of knowledge, her ability to distil information, and to understand the nuances of life in DRC; to communicate with all people at all levels, and to keep all this information in her head … has brought CCA and our colleagues in DRC more benefit than any of us will ever understand. And we know that it will never be equalled. We are truly in awe of what she was able to do; and miss her beyond words. We were also considerably exercised in the planning of the celebrations for the 40[th] Anniversary of CCA, taking advantage of the fact that Archbishop Ande and so many of DRC’s bishops would already be here in the UK for the Lambeth Conference. Preparations for this event were in full swing by the financial year end of 30[th] June 2022, and the event itself – on 8[th] August 2022 – does not properly fit into this report. Suffice it to say it was wonderful to renew friendships, meet new people, and hear stories first hand. For many of those who came on the day, or who met bishops as they went on to meet other communities around the UK, in Ireland, and on Jersey, this was the first opportunity to meet Congolese people and hear their stories direct. This experience has had a profound effect on many people. For example Oxford diocese has been inspired to launch a diocese-wide Harvest Appeal for the Anglican Church in DRC. We are reporting this here, and will discuss the implications at the AGM and in the coming weeks, in the hope of harnessing this energy and building better for the future. CCA will continue to work in close partnership with the Anglican Church of Congo, encouraging prayer, interest and support for their vital ministries from our supporters. We know that EAC leaders will steward well the resources given by overseas friends, whether large or small. CCA Trustees are very appreciative of the ongoing generous financial support and interest shown by many over the past year, especially in the current challenging circumstances of the Covid-19 pandemic, and we look forward to continuing this further in the coming year. ## **Treasurer’s commentary on the accounts – Paul Dickens (Hon Treasurer)** ## **Introduction** The purpose of this commentary is to explain and to amplify the Congo Church Association’s accounts for the year ended 30th June 2022. These accounts, which follow on pages 6 to 11, show the Association’s activities over the last year and its assets at the end of June 2022. At the year end the balance of our General Fund, representing money which the trustees can use to further the Association’s objects, stood at about £28,696.29. £9,000 of this is earmarked for unpaid diocesan grants and we keep a reserve of £5,000 for emergencies. We are immensely grateful to all our donors. The Association’s other funds can only be used for pre-determined purposes. A surplus or deficit on these funds, and changes in the value of our total net assets, will often result from timing differences between receipt and distribution of income. ## **Income** Almost all of the Association’s income (99%) comes from donations, with the remainder coming from investments and interest. As in previous years, our donations fell into 2 main categories. Specific donations are those which can only be used for a pre-determined purpose which the donor has identified. Where there are no restrictions upon how a donation may be used, it is classed as general. General donations (£26,715) are quite a bit lower than the last two years (c. £33,000 - ignoring the £12,000 legacy in 2019/20). However, those two years were considerably higher than previous years. It should also be noted that the Association regularly receives relatively large donations from two or three individuals. 3 Income includes tax both recovered and recoverable from the Inland Revenue for the current financial year. Since we rely far more on donations than on investment income, the Gift Aid Regulations have proved very beneficial to the Association. ## **Expenditure** Almost all of our expenditure relates directly to the Association's objectives. A few specific items (such as payments of bursaries to the Theological Faculty at UAC (“UACThF”, previously known as “ISThA”)) are separately identified in the Income and Expenditure account. The remainder is analysed in Notes 2 and 6, which splits it between that which was met from the General Fund (Note 2) and that funded by specific donations or income from restricted funds (Note 6). Where a donor has specified a purpose for which their donation should be used, then, so long as it is within the Association’s objects, it will be accepted and allocated to that cause. The largest item met from our General Fund is support for UACThF. We continue to apply the scheme agreed by the AGM in November 2012, as amended from time to time at subsequent AGMs. After keeping a £5,000 reserve, the funds available in General Fund will be applied as follows:- firstly to pay for 7 bursaries at the UACThF; secondly to be divided into a number of equal portions (the exact number has changed from year to year) and allocated in equal shares to the dioceses and certain Provincial Departments, who will be invited to submit proposals for projects where the funds available might be spent. The committee has discretion to include Congo Brazzaville and other areas as separate dioceses and to “tweak” the number and destination of provincial grants where appropriate. In this way, the dioceses are treated equally and the Association can better monitor the use of its funds. Administrative and financial expenses remain at a very low level (under 1% of total income). The key items included under this heading are the fee charged by our independent examiner, and the costs of producing and distributing the newsletter. The newsletter is a vital part of the Association’s work, being one of the few means people have of finding out about the church in the Congo. ## **Assets** Investments are stated at their market value on the balance sheet date (30[th] June 2022). The only investments which have to be valued as a result of this policy are those in the CBFCE Investment Fund. These investments have decreased in value by about £1,033 as share prices have moved downwards. ## **Reserves** The statement of funds (note 6) shows how our assets may be used, the General Fund representing that portion which can be used for any purpose which falls within the Association’s objects. The Kisangani Clergy Children’s Fund represents shares and moneys deposited in CBF Funds on behalf of the Diocese of Kisangani, together with income on these investments. Income from the General Endowment is credited to the General Fund as in previous years. Interest received on the UACThF Endowment is used as a contribution towards our UACThF bursaries. Poverty in the Congo makes it vital that the Church gives support to retired clergy. Until recently, the Association held two pension funds. Firstly, one for the ordinary clergy (Clergy Pension Fund) which is funded both by special donations and from general funds. By agreement with Archbishop Masimango and the House of Bishops, this fund was distributed to Province in June 2020 to enable a house to be purchased in Goma, the income from which will be used to support retired clergy. The second pension fund is for three bishops, who have themselves contributed to it – one bishop took his entitlement during 2015/16 and one during 2016/17. This Trustees’ Report was approved by the Trustees on 15[th] October, 2022 and signed on their behalf by: Julia Dickens (Hon Secretary) 4 ## **CONGO CHURCH ASSOCIATION YEAR ENDED 30[TH] JUNE 2022 INDEPENDENT EXAMINER’S REPORT** I report to the Trustees on my examination of the accounts of the Congo Church Association for the year ended 30[th ] June 2022. ## **Responsibilities and Basis of Report** As the charity’s trustees you are responsible for the preparation in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent Examiner’s Statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the charity as required by section 130 of the Act: or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. A P Williams FCCA CTA A J Carter & Co Chartered Accountants 22b High Street Witney Oxon OX28 6RB …………………………………………….. 2022 5 ## **CONGO CHURCH ASSOCIATION ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2022 STATEMENT OF FINANCIAL ACTIVITIES** |
Notes
**INCOMING RESOURCES**

**Voluntary income**

General Donations & Subscriptions
Other Specific Donations
**Total voluntary income**
Investment income – bank interest/dividends
**Total incoming resources**
1

**RESOURCES EXPENDED**

**Charitable activities**
Project grants to the Dioceses and
Province
UACThF Bursaries
Other UACThF support
Other donations
Admin/publicity/governance costs
3
**Total charitable activities**
2 & 6

**Net incoming resources**
**Transfers**
2
**Increase in value of Investments**
**Total Funds brought forward**
**Total Funds carried forward**|**2021 - 2022**
2020-2021| |---|---| ||**General**
**Restricted**
**Total**
**Funds**
**Funds**
**£**
**£**
**£**
£
**26,715.30**
**0.00**
**26,715.30**
33,275.33
**0.00**
**82,199.00**
**82,199.00**
116,397.18| ||**26,715.30**
**82,199.00 108,914.30**
149,672.51
**242.30**
**570.85**
**813.15**
1,220.40| ||**26,957.60**
**82,769.85 109,727.45**
150,892.91| ||**8,200.00**
**0.00**
**8,200.00**
6,800.00
**12,193.23**
**0.00**
**12,193.23**
11,713.00
**0.00**
**2,750.00**
**2,750.00**
5,500.00
**1,950.00**
**97,041.67**
**98,991.67**
123,210.12
**1,336.48**
**0.00**
**1,336.48**
975.77| ||**23,679.71**
**99,791.67 123,471.38**
148,198.89| ||**3,277.89**
**(17,021.82) (13,743.93)**
2,694.02
**289.54**
**(289.54)**
**0.00**
0.00
**0.00**
**(1,033.62)**
**(1,033.62)**
2,581.69
**25,128.86**
**68,386.91**
**93,515.77**
88,240.06| ||**28,696.29**
**50,041.93**
**78,738.22**
93,515.77| 6 ## **CONGO CHURCH ASSOCIATION ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2022 BALANCE SHEET** |

**ASSETS**
Investments
4


Cash at Bank and in hand
Current (Santander & CAFCash)
Deposit (CAFGold)
Debtors
5

Creditors - (independent examiners)
TOTAL NET ASSETS

**STATEMENT OF FUNDS**
Kisangani Clergy Children's Fund
UACThF Endowment
Bishops’ Pensions
Gen. Endowment
Other restricted funds
General fund *
TOTAL
6|**30/06/2022**
**29,436.53**


**46,113.88**


**3,865.81**
**79,416.22**
**(678.00) **
**78,738.22**
**16,438.55**
**0.00**
**732.04**
**16,786.30**
**16,085.04**
**28,696.29**
**78,738.22**|30/06/2021
74,638.25
10,608.27
8,947.25| |---|---|---| |||94,193.77
(678.00)| |||93,515.77| |||16,667.54
949.91
722.60
17,319.06
32,727.80
25,128.86| |||93,515.77| Approved by the Trustees on 15[th] October, 2022 and signed on their behalf by: Martin Jennings (Trustee) * Our reserves policy is to keep back £5,000 for emergencies and winding-up costs. The Association has virtually no running costs and does not, therefore, need to identify any particular period for which reserves are kept for the purpose of covering such costs. > [The notes on pages 9 to 11 form part of these accounts ] 7 **ACCOUNTING POLICIES for the year ended 30[th] June 2022** The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows: ## a) Basis of Preparation The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102. b) Income Recognition Policies Items of income are recognised and included in the accounts when all of the following criteria are met: - The charity has entitlement to the funds; - any performance conditions attached to the items of income have been met or are fully within the control of the charity; - there is sufficient certainty that receipt of the income is considered probable; and - the amount can be measured reliably. c) Interest Receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the bank. ## d) Fund Accounting Unrestricted funds are available to spend on activities that further any of the purposes of the Charity. Designated funds are unrestricted funds of the Charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for the particular areas of the Charity’s work or for specific projects being undertaken by the Charity. e) Expenditure and Irrecoverable VAT Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. ## f) Stock Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised in income when the items are sold. ## g) Debtors Debtors and prepayments are recognised at the settlement amounts. h) Cash at Bank and in Hand Cash at bank and cash in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. ## i) Creditors and Provisions Creditors and provisions are recognised where the Charity has an obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. 8 **CONGO CHURCH ASSOCIATION ACCOUNTS FOR THE YEAR ENDED 30[TH] JUNE 2022 NOTES TO THE ACCOUNTS** ## **1. INCOMING RESOURCES** Income includes tax recoverable (but not recovered) from the Inland Revenue for the current year ( **£3,865.81** ). The aggregate of donations made to the Association during 2021/22 by its Trustees is **£2,975.00** . |**2. CHARITABLE ACTIVITIES - GENERAL FUND**|| |---|---| |Grants for Diocesan and Provincial projects (new system)|**8,200.00**| |UACThF – student bursaries and other support|**12,193.23**| |Emergency funds for Diocese of Kamango to cross border|**1,950.00**| |**TOTAL**|**22,343.23**| |**Transfers from restricted/designated funds to General Fund:**|| |Interest from General Endowment|**289.54**| 9 ## **CONGO CHURCH ASSOCIATION ACCOUNTS FOR THE YEAR ENDED 30[TH] JUNE 2022 NOTES TO THE ACCOUNTS** ## **3. GOVERNANCE AND ADMINISTRATION COSTS** |AGM costs
Financial/Independent Examiner’s fees payable (2020/21 year)
40thAnniversary event & Bishops’ UK travel
Newsletters and postage
Bank charges
Internet service provider|**2021-2022**

**130.49**
**678.00**
**150.00**
**219.75**
**96.00**
**62.24**
**1,336.48**|2020-2021
0.00
678.00
0.00
170.05
78.00
49.72| |---|---|---| |||975.77| ## **4. INVESTMENTS** |CBF Church of England Deposit Fund
United Trust Bank
Cambridge & Counties BS
CBF Church of England Investment Fund|**2021-2022**
**£**
**10,226.54**
**0.00**
**0.00**
**19,209.99**
**29,436.53**|10,217.10
38,735.98
5,441.56
20,243.61| |---|---|---| |||74,638.25| Our investment in the CBF Church of England Investment Fund includes **£9,308.53** held on behalf of the Kisangani Clergy Children’s Fund. The remainder is allocated to our General Endowment. ## **5. DEBTORS** |**5. DEBTORS**||| |---|---|---| |Owed by Stewardship
Taxation recoverable
FY 20-21
Taxation recoverable
FY 21-22|**30/06/2022**
**0.00**
**0.00**
**3,865.81 **
**3,865.81**|30/06/2021
970.00
7,977.25
0.00| |||8,947.25| 10 ## **CONGO CHURCH ASSOCIATION ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2022 NOTES TO THE ACCOUNTS** |**NOTES TO THE ACCOUNTS**|| |---|---| |**6. STATEMENT OF FUNDS**
**Restricted and Designated funds**
Kisangani Clergy Children's Fund
UACThF Endowment
Bishops’ Pensions
Gen. Endowment
**Other restricted funds**
Aru Diocese Gifts
Aru Theological Resources_(Note A)_
Boga Diocese Gifts
Boga Displaced People
Rev. Bisoke personal support
Rev. Bisoke Peace Centre
Rev. Bisoke Displaced People
Rev. Bisoke student studies_(Note A)_
Goma Gifts
Bp’s orphaned children education
_(Note A)_
Bp’s widow & children gen. support
_(Note A)_
Bp’s widow provision for car
UACThF Gifts
Kisangani Diocese Gifts_(Note B)_
Province Gifts
Rev. Barozi studies
Rev. Gisore student studies
Bukavu Asst. Bishop support
Provincial Youth Office
Kindu Diocese Gifts
Kalima church (Kindu)
Katanga Diocese Gifts_(Note A)_
Aru Archdeacon’s grandchildren
Chantal (Aru)
Aru Palliative Care_(Note A)_
Aru Medical Resources_(Note A)_
Aru Service Medical Palliative care
Aru Covid Fund
Aru Hospital fence
Piriya medical
Draru studies_(Note A)_
Service Medical (Aru)
Compassion Orphanage General
Compassion Orph’ge Building
Chester Crisis Appeal (Note A)
**General Fund**_(Note C)_|Opening
**Gain/**
**Closing**
Balance at
**Incoming**
**Expended**
**GF T/F out**
**loss**
**Balance at**
01/07/21
**30/06/2022**
£
**£**
**£**
**£**
**£**
**£**
16,667.54
**271.87**
**0.00**
**(500.86)**
**16,438.55**
949.91
**0.00**
**949.91**
**0.00**
722.60
**9.44**
**0.00**
**732.04**
17,319.06
**289.54**
**0.00**
**(289.54)**
**(532.76)**
**16,786.30**

0.00
**7,104.54**
**7,104.54**
**0.00**
2,018.31
**1,880.00**
**2,043.32**
**1,854.99**
0.00
**7,884.55**
**7,884.55**
**0.00**
0.00
**1,105.56**
**1,105.56**
**0.00**
0.00
**1,985.00**
**1,985.00**
**0.00**
0.00
**3,000.00**
**3,000.00**
**0.00**
0.00
**60.31**
**60.31**
**0.00**
1,530.00
**0.00**
**1,530.00**
**0.00**
0.00
**16,094.61**
**16,094.61**
**0.00**
500.00
**1,650.00**
**2,000.00**
**150.00**
5,338.75
**7,000.00**
**10,071.73**
**2,267.02**
0.00
**1,807.10**
**1,807.10**
**0.00**
0.00
**2,750.00**
**2,750.00**
**0.00**
500.00
**0.00**
**0.00**
**500.00**
0.00
**125.00**
**125.00**
**0.00**
0.00
**298.00**
**274.00**
**24.00**
0.00
**790.00**
**790.00**
**0.00**
93.75
**1,056.25**
**1,150.00**
**0.00**
0.00
**5,507.38**
**5,507.38**
**0.00**
0.00
**2,394.00**
**2,394.00**
**0.00**
0.00
**226.00**
**226.00**
**0.00**
7,702.50
**450.00**
**8,115.00**
**37.50**
0.00
**300.00**
**300.00**
**0.00**
0.00
**200.00**
**200.00**
**0.00**
10,196.48
**1,322.50**
**2,588.75**
**8,930.23**
98.83
**0.00**
**11.00**
**87.83**
362.50
**475.00**
**837.50**
**0.00**
0.00
**637.50**
**637.50**
**0.00**
0.00
**11,191.39**
**11,191.39**
**0.00**
365.35
**0.00**
**365.35**
**0.00**
0.00
**468.75**
**0.00**
**468.75**
1,705.50
**2,817.00**
**4,426.00**
**96.50**
562.50
**1,618.56**
**1,761.06**
**420.00**
505.11
**0.00**
**505.11**
**0.00**
1,248.22
**0.00**
**0.00**
**1,248.22**
25,128.86
**26,957.60**
**23,679.71**
**289.54**
**28,696.29**| ||93,515.77
**109,727.45**
**123,471.38**
**0.00**
**(1,033.62)**
**78,738.22**| _Note A Funds held back at donor’s and/or donee’s request_ _Note B Retained pending decision by donor as to how the money is to be used . Note C General Fund balance of_ _**£28,696.29** includes £5,000 reserves and £9,000 in agreed but as yet unpaid grants._ 11