##
#
#
##
|**INDEX**||
|---|---|
||**Page**|
|Annual Report|1-12|
|Independent Auditors' Report|13-15|
|StatementofFinancial Activities|16|
|Balance Sheet|`17`|
|Statement of Cash Flows|18|
|Notes to theAccounts|19-33|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||**Unrestricted**|**Restricted**|**Endowment**|**2022**|**2021**|
|---|---|---|---|---|---|---|
|||**Funds**|**Funds **|**Funds**|**Total**|**Total**|
||**Notes **|£|£|f|£|£|
|**INCOME FROM:**|||||||
|Donations and legacies||1,101,303|240,031||**1,341,334**|**1,540,745**|
|Charitable activities||77,920|||**77,920**|**71,009**|
|Other trading activities||11,241|||**11,241 **|**2,660 **|
|Investments|4|18,427|476|4,230|**23,133 **|**22,714 **|
|Total Income||1,208,891|240,507|4 230|**1,453,628 **|**1,637,128**|
|**EXPENDITURE ON:**|||||||
|Raising Funds|5|96,807|||**96,807 **|**48,232**|
|Charitable Activities|6|1,293,903|246,841||**1,540,744 **|**1,453,135**|
|Total Expenditure||1,390,710|246,841||**1,637,551**|**1,501,367 **|
|NetIncome/(Expenditure)|||||||
|before gains/(losses) on|||||||
|Investments|9|(181,819)|(6,334)|4,230|**(183,923) **|**135,761**|
|**Other Recognised Gains**|||||||
|**and Losses**|||||||
|Netgains/(losses)on|||||||
|Investments|13|97,005|1,004|8,919|**106,928 **|**177,184 **|
|NetIncome/(Expenditure)||(84,814)|(5,330)|13,149|**(76,995)**|**312,945**|
|Transfersbetweenfunds|||||||
|NetMovementinFunds||(84,814)|(5,330)|13,149|**(76,995) **|**312,945**|
|Fundbalancesbrought|||||||
|forward||1,289,884|93,886|70,583|**1,454,353 **|**1,141,408 **|
|Fund balancescarried|||||||
|forward||£1,205,070|£88,556|£83/32|**£1,377,358**|**£1,454,353 **|
##
##
|||**`2022`**|**`2022 `**|**`2021`**|**`2021 `**|
|---|---|---|---|---|---|
||**Notes **|£|£|£|£|
|**FIXED ASSETS**||||||
|Tangible Assets|11||14,792||11,994|
|Intangible Assets|12||26,981||38,949|
|Investments|13||8991698||7861512|
||||941,471||837,455|
|**CURRENT ASSETS**||||||
|Stocks||29,050||29,966||
|Debtors|14|66,087||79,372||
|Cash Deposits||194,502||194,103||
|CashatBank and in Hand||2711942||4091442||
|||561,581||712,883||
|**Creditors: Amountsfalling **||||||
|**duewithinoneyear **|15|(125,694)||(95,985)||
|**NetCurrent Assets **|||435,887||616,898|
|**Total Assetsless Current **
**Liabilities **|||£1,377,358||£1,454,353|
|**Funds**||||||
|CapitalFunds||||||
|Endowments|17||83,732||70,583|
|IncomeFunds||||||
|RestrictedFunds|18||88,556||93,886|
|Unrestricted
Funds:||||||
|Designated
Fund|19|669,790||691,994||
|General
Fund||5351280||5971890||
||||1,205,070||1,289,884|
||||£1,377,358||£1,454,353|
##
##
||**`2022`**|**`2022`**|**`2022`**|**`2021 `**|**`2021`**|
|---|---|---|---|---|---|
||£||£|£|£|
|**CASHFLOWSFROM OPERATING**||||||
|**ACTIVITIES**||||||
|Net income/( expenditure) for the year|(76,995)|||312,945||
|Adjustments for:||||||
|Depreciation charges|7,658|||7,285||
|Loss on disposal of fixed assets||25||||
|Amortisation charges|11,969|||11,969||
|Interest|(23,|133)||(22,714)||
|Accumulated income|{6,258)|||(5,801)||
|(Gains)/losses on investments|(106,928)|||(177,184)||
|(Increase)/decreaseinstocks||916||3,245||
|(Increase)/decreaseindebtors|13,285|||(30,148)||
|Increase/(decrease)increditors|29,709|||(30!979)||
|**NET CASH PROVIDEDBY(USED **|||(149,752)||68,618|
|**IN)OPERATING ACTIVITIES**||||||
|**CASH FLOWS FROM INVESTING**||||||
|**ACTIVITIES**||||||
|Interestanddividendsreceived|23,133|||22,714||
|Purchaseoftangiblefixedassets|(10,482)|||(7,434)||
|Purchaseofintangible fixedassets||||||
|Purchaseofinvestments||||||
|**NET CASH(USED IN)PROVIDED**|||12,651|||
|**BY INVESTING ACTIVITIES **|||||15,280|
|Changeincashandcash equivalentsin|||(137, 101)|||
|theyear|||||83,898|
|Cashandcashequivalentsat the||||||
|beginningoftheyear|||603,545||519,647|
|Cash andcashequivalentsattheend
oftheyear|||£466,444||£603,545|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||**Total**|**Total **|
|---|---|---|
||**2022**|**2021**|
||£|£|
|BankInterest|730|1,575|
|IncomefromFixedAssetInvestments|221403|21£139|
||£23)33|£22£714|
|**AISING FUNDS**|||
||**Total **|**Total**|
||**2022**|**2021**|
||£|£|
|DirectStaffCosts|62,748|27,308|
|OtherDirectCosts|4,454|3,175|
|SupportCosts (SeeNote 7)|29,605|17749|
||£96,807|£48,232|
|Allcostsofraisingfundsareunrestricted.|||
##
||||||**Total**|**Total**|
|---|---|---|---|---|---|---|
||||||**`2022 `**|**`2021`**|
||||||£|£|
||Direct Staff Costs||||906,067|771,664|
||Other Direct Costs||||207,190|179,937|
||Support Costs (See Note 7)||||427,487|501,534|
||||||£1,540,744||
|7.|**SUPPORT COSTS**||||||
||||**Raising**|**Charitable**|**Total**|**Total**|
||||**Funds**|**Activities **|**`2022`**|**`2021`**|
||||£|£|f|£|
||StaffCosts||11,882|171,581|183,463|219,827|
||Premises Costs||6,674|96,367|103,041|108,648|
||OfficeCosts||2,421|34,951|37,372|38,623|
||Governance||275|3,975|4,250|4,249|
||OtherCosts||8,353|120,613|128,966|1471936|
||||£29,605|£427,487|£457,092|£519,283|
|8.|**STAFFCOSTS **||||||
||||||**Total **|**Total**|
||||||**`2022`**|**`2021 `**|
||||||£|f|
||GrossSalaryCosts||||960,067|854,471|
||NICEmployer's||||101,169|83,953|
||PensionEmployer's||||91,042|80 374|
||||||£1,152,278|£1,018,798|
||The averageheadcount|duringtheyearwas:|||22.5|21.3|
||Theaveragenumber|ofstaff(fulltimeequivalent)duringthe|||||
||yearwas:||||20.4|19.3|
||ThetotalemployeebenefitsoftheKeyManagementPersonnelof||||||
||theCharity,defined|as|theSeniorManagementTeam as||||
||identifiedintheTrusteeReportwere:||||£553,954||
##
##
##
||||**Total **|**Total**|
|---|---|---|---|---|
||||**`2022`**|**`2021`**|
|£60,001|-|£70,000|2|1|
|£70,001|-|£80,000|1||
|£80,001|-|£90,000||1|
|£90,001|-|£100,000|1||
##
|hisisstated after charging:|||
|---|---|---|
||**Total **|**Total**|
||**`2022`**|**`2021`**|
||£|£|
|Auditors'remuneration|||
|Statutoryaudit-currentyear|3,650|3,350|
|Depreciation|7,658|7,285|
|Amortisation|11,969|11l969|
##
##
##
||**Fixtures **&|**Office**|**Computer**||
|---|---|---|---|---|
||**Fittings**|**Equipment**|**Equipment **|**Total**|
||£|£|£|£|
|**_Cost _**|||||
|At start of year|17,586|35,003|30,251|82,840|
|Additions||3,492|6,990|10,482|
|Disposals|||(505}|{505}|
|At31stMarch2022|17,586|38,495|36,736|92,817|
|**_Depreciation_**|||||
|At start of year|16,945|34,261|19,640|70,846|
|Charge for the year|135|619|6,904|7,658|
|Disposals|||(479}|{479}|
|At3ptMarch2022|17,080|34,880|26,065|78,025|
|**Net Book Values **|||||
|At31stMarch2022|£506|£3,615|£10,671|£14,792|
|At1stApril2021|£641|£742|£10,611|£11,994|
##
||**CRM System**|
|---|---|
||£|
|**_Cost_**||
|Atstartofyear|59,843|
|Additions||
|Disposals||
|At31stMarch2022|59 843|
|**_Amortisation_**||
|At startofyear|20,893|
|Chargefortheyear|11,969|
|Disposals||
|At3ptMarch2022|32,862|
|**NetBookValues**||
|At3ptMarch2022|£26,981|
|AtptApril2021|£38,949|
##
##
##
|**IXED ASSETS- INVESTMENTS **||||||
|---|---|---|---|---|---|
|||||**Total**|**Total **|
|||||**`2022`**|**2021**|
|||||£|£|
|**Market Value**||||||
|At151April 2021||||786,512|603,527|
|Purchases||||6,258|5,801|
|Disposals||||||
|Gains_I_(Losses)||||106,928|1771184|
|At3!51March 2022||||£899,698|£786,512|
|||**2022**||**2021**||
||||**Market**||**Market**|
||**Cost**||**Value **|**Cost**|**Value**|
||f||£|f|£|
|BlackRock Charites UKEquity|89,133||144,787|89,133|134,451|
|M&GCharifund|144,826||157,054|138,568|139,461|
|CCLACOIF|126,500||190,859|126,500|175,633|
|Epworth AIF|78,986||86,646|78,986|80,553|
|SarasinAlphaCIF|126,500||168,411|126,500|164,019|
|Endava pie|31,723||151,941|31£723|92£395|
||£597,668||£899,698|£591!410|£786£512|
##
|**DEBTORS**|||
|---|---|---|
||**Total**|**Total**|
||**`2022`**|**`2021`**|
||£|f|
|**DueWithinOneYear **|||
|TradeDebtors|19,400|200|
|Prepaymentsandaccruedincome|39,504|74,988|
|OtherDebtors|7,183|4184|
||£66,087|£79,372|
##
##
##
||**Total **|**Total **|
|---|---|---|
||**2022**|**2021 **|
||£|£|
|Trade Creditors|28, 191|7,705|
|PAYEand Social Security costs|29,150|26,896|
|Accruals andDeferredIncome|68,353|61,384|
||£125,694|£95,985|
##
||£|
|---|---|
|Asatt5tApril2021|10,487|
|Released to the StatementofFinancial Activities|(10,487)|
|Deferred in thecurrentyear|32,083|
|Asat31stMarch2022|£32,083|
##
##
##
##
|**2022**|||**Movement**|**in Funds**|||
|---|---|---|---|---|---|---|
|||**Balanceat**1st||||**Balanceat**31st|
|||**April2021**|**Income **|**Gains/**||**March2022 **|
|||||**(Losses)**|**on **||
|||||**Investments **|||
|||£|£||£|£|
|Endowment|Fund&Legacy||||||
|Contingency|Fund|70,583|4,230|8,919||83,732|
|||£70,583|£4,230|£8,919||£83,732|
|**2021**|||**Movement**|**in Funds**|||
|||**Balanceat**1st||||**Balanceat**31st|
|||**April2020**|Income|**Gains/**||**March 2021**|
|||||**(Losses)**|**on**||
|||||**Investments **|||
|||£|£||£|£|
|Endowment|Fund&Legacy||||||
|Contingency|Fund|49,904|3,172|17,507||70,583|
|||£49,904|£3,172|£17,507||£70,583|
##
##
##
|`2022`||||||
|---|---|---|---|---|---|
||Balanceat|Income|Expenditure|Transfers/|Balanceat|
||`1st`April|||Gains on|`31st`March|
||`2021`|||Investments|`2022`|
||£|£|£|£|£|
|Principaltrustfunds||||||
|Dick Bird Fund|71948|476|(41919)|11004|41509|
||7,948|476|(4,919)|1,004|4,509|
|Otherfunds||||||
|Imagine Project||7,681|(7,681)|||
|The Workplace||24,630|(24,630)|||
|Bible&Culture||17,150|(17,150)|||
|CRMSystem|26,503||(26,503)|||
|SustainingTransformative
Disciples|40,265|156,200|(155,640)||40,825|
|GrowingontheFrontline|191170|34,370|(10,318~||43,222|
||85,938|240,031|(241,922)||84,047|
||£93,886|£240,507|£(2461841)|£1,004|£88,556|
|`2021`||||||
|---|---|---|---|---|---|
||Balanceat|Income|Expenditur|Transfers/|Balanceat|
||`1st`April||e|Gainson|`31st`March|
||`2020 `|||Investments|`2021`|
||£|£|£|£|£|
|Principaltrustfunds||||||
|DickBirdFund|91140|581|(41979)|31206|7!948|
||9,140|581|(4,979)|3,206|7,948|
|Otherfunds||||||
|ImagineProject||27,926|(27,926)|||
|TheWorkplace||18,353|(18,353)|||
|Bible&Culture||18,215|(18,215)|||
|CRMSystem|56,524||(30,021)||26,503|
|SustainingTransformative
Disciples|57,430|135,310|(152,475)||40,265|
|GrowingontheFrontline||35/12|(161542}||191170|
||113,954|235,516|(263,532)||85,938|
||£1231094|£236,097|£(268!511)|£3£206|£931886|
##
##
##
|**`2022`**|**Balanceat **|**Income**|**Utilised**|**Transfers/**|**Balance at**|
|---|---|---|---|---|---|
||31st**March**|**And New**|**During**|**Gains on**|31st**March**|
||**`2021`**|**Allocations **|**Year**|**Investments**|**`2022`**|
||£|£|£|£|£|
|ResourceDevelopment
&Infrastructure|375,000|125,000|||500,000|
|SettingGod'sPeople
Free Project|150,000||(150,000)|||
|PremisesReserve|125,000||||125,000|
|StaffRecruitment|30,000||||30,000|
|FixedAssetFund|11,994|2,796|||14,790|
||£691,994|£127,796|£(150,000)||£669,790|
##
##
##
|`2021 `|Balanceat|Income|Utilised|Transfers/|Balance at|
|---|---|---|---|---|---|
||ptApril|AndNew|During|Gainson|31stMarch|
||`2020 `|Allocations|Year|Investments|`2021`|
||£|£|£|£|£|
|Baker Fund|10,007|`636`|(14,154)|3,511||
|Resource Development&
Infrastructure|250,000|125,000|||375,000|
|Setting God's People Free
Project|150,000||||150,000|
|Premises Reserve|125,000||||125,000|
|Staff Recruitment|60,000||(30,000)||30,000|
|Fixed Asset Fund|111845|149|||111994|
||£6061852|£1251785|£{44(154)|£31511|£6911994|
||Unrestricted|Restricted|Endowment||
|---|---|---|---|---|
||Funds|Funds|Funds|Total|
||£|£|£|£|
|Fundbalancesat31stMarch|||||
|2022are representedby|||||
|TangibleFixedAssets|14,792|||14,792|
|IntangibleFixedAssets|26,981|||26,981|
|Investments|811,457|4,509|83,732|899,698|
|NetCurrentAssets|351,840|84,047||435,887|
|NetTotalNetAssets|£1,205,070|£88,556|£83,732|£1,377,358|
##
##
##
||**Unrestricted **|**Restricted**|**Endowment **||
|---|---|---|---|---|
||**Funds**|**Funds**|**Funds **|**Total **|
||£|£|£|£|
|**Fundbalancesat **31st**March**|||||
|**2021 arerepresented by**|||||
|Tangible Fixed Assets|11,994|||11,994|
|Intangible Fixed Assets|38,949|||38,949|
|Investments|707,981|7,948|70,583|786,512|
|NetCurrentAssets|5301960|85!938||616l898|
|**NetTotal NetAssets**|fll289l884|£93,886|£70,583|£1,454,353|
##
||**Land and**|**Buildings**||
|---|---|---|---|
||**2022 **|**2021 **||
||`£`|`£`||
|£|**Nil**|£|Nil|
##
##
##
##
|||**Unrestricted **|**Restricted**|**Endowment **|**2021**|**2020**|
|---|---|---|---|---|---|---|
|||**Funds**|**Funds **|**Funds **|**Total**|**Total **|
||**Notes **|f|f|f|f|£|
|**INCOME FROM:**|||||||
|Donations and legacies||1,305,229|235,516||**1,540,745**|**1,306,887**|
|Charitable activities||71,009|||**71,009 **|**152,942**|
|Other trading activities||2,660|||**2,660**|**39,779**|
|Investments|4|18,961|581|3,172|**22,714**|**24,396**|
|Total Income||1,397,859|236,097|3172|**1,637,128**|**1,524,004**|
|**EXPENDITUREON:**|||||||
|Raising Funds|5|48,232|||**48,232**|**98,129**|
|Charitable Activities|6|1,184,624|268,511||**1,453,135**|**1,407,645 **|
|TotalExpenditure||1,232,856|268,511||**1,501,367 **|**1,505,774**|
|NetIncome/(Expenditure)|||||||
|beforegains/(losses)on|||||||
|Investments|9|165,003|{32,414)|3,172|**135,761**|**18,230**|
|**OtherRecognised Gains**|||||||
|**and Losses **|||||||
|Netgains/(losses)on|||||||
|Investments|13|156,471|3,206|17,507|**177,184 **|**(66,087)**|
|NetIncome/(Expenditure)||321,474|{29,208)|20,679|**312,945**|**(47,857) **|
|Transfersbetweenfunds|||||||
|NetMovementinFunds||321,474|(29)08)|20,679|**312,945 **|**(47,857) **|
|Fundbalancesbrought
forward||968,410|123,094|49,904|**1,141,408**|**1,189,265 **|
|Fundbalancescarried
forward||£1,289,884|£93,886|£70,583|**H,454,353 **|**£1,141,408**|