2021-04-05-accounts - Sean International

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					SORP reference
Summary the charity governing		ofthe purposes as set out in its document		of		The objects ofthe charity are to advance the Christian faith and ministry for the benefit of the public by deveioping theological education, principally by extension, sothat it is accessible
						by a wide range ofpeople including those who
						cannot afford other types ofeducation. The
						charity is involved with the publication and
						distribution of Christian literature and
						materials throughout the world. The charity's
						ministry is independent, interdenominational
						and international and so benefits a wide
						section ofthe public.
Summary ofthe main activities in relation to those					Para 1.17and 1.19	The charity has continued to produce, distribute and facilitate the production and
purposes benefit,	in	for the public particular, the				distribution of extension education materials. has also developed and revised some of its	It
activities,		projects or				publications in response to the need for
services	identified in		the			accessible Christian educational resources for
accounts.						both Christian and non-Christian cultures.
						The charity has co-operated with other
						Christian extension learning organisations
						and Christian broadcasting organisations	to
						further its objects and to ensure that as
						many people as possible benefit from its
						activities.
						The trustees have undertaken a review of
						the charity and are planning for the future
						to ensure that the SEAN courses maintain
						their quality and availability, throughout the
						world, in many languages and in a range	of
						media formats, as communications
						technology continues to provide more
						opportunities to serve and benefit the
						public.

Statement	confirming		Para 1.18	The trustees	have considered the	have considered the	have considered the	have considered the	Charity
whether the trustees have				Commission's		guidance		on public	benefit and,
had regard to the guidance				in particular,	the specific guidance				on charities
issued by	the Charity			for the advancement			of	religion.
Commission on public
benefit
Additional	information	(optional)
You ma choose to include			further statements	where relevant		about:
			SORP reference
			Para 1.38
Policy on	grant making
			Para 1.38
Policy on	social investment
including	program related
investment
			Para 1.38
Contribution made by
volunteers

chieve	men	ts	formance
			SQRP reference
				During the year we have continued to develop
				our contact with a wide network of
				organizations committed to education by
Summary	ofthe main		Para 1.20	extension. Many ofthese organisations, and
achievements		ofthe charity,		their students, who are often from very poor
identifying	the	difference the		areas, benefit from the use ofour courses.	We
charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.				have also worked, and provided input to training, with other organisations involved Theological Education by Extension (TEE). We have gained further information about	with
				those distributing and using courses and
				materials developed by our charity, which	will
				assist us in revising and developing our
				courses. We have continued our research	and
				developed our knowledge as we progress	the
				possibility of providing courses via digital
				platforms and mobile devices, which will
				benefit a wider section ofsociety.

Achievements	Achievements	Para 1.41
objectives set
Performance of fundraising activities against objectives		Para 1.41
set
Investment	performance	Para 1.41
against objectives
			The charity has	prepared its accounts on
Other			the basis of being a going concern, having both considered and assessed the normal
			risks the charity	faces,	plus the additional
			challenges caused by		the current
			coronavirus pandemic,		and resultant
			economic recessionary		environment	in
			which the charit	o crates.

inanc	ial Review	ial Review	ial Review	ial Review	ial Review
Review financial ofthe	of the charity's position at the end eriod						The net assets of the charity at 5th April 2021 were 6165,973, being 3k more than at 5'" A ril 2020 f160,791 .
Statement explaining				the			The trustees aim to hold a minimum	ofthe
policy for holding		reserves					previous year's payments as unrestricted
stating	why they	are held					undesignat. ed reserves at the beginning ofeach
							financial year and to maintain no more than
							twice that amount as unrestricted
							undesignated reserves. The reserves	position		is
							reviewed annually.
Amount	of reserves		held			Para 1.22	F165,973
Reasons for holding			zero			Para 1.22	NIA
reserves
Details	offund materially				in	Para 1.24
deficit
Explanation of any						Para 1.23	The charity has prepared its accounts		on a
uncertainties about			the				going concern basis, having both
charity	continuing	as		a going			considered and assessed the normal		risks
concern							the charity faces, plus additional	risks
							caused by the current eoronavirus
							pandemic. The trustees continue	to assess
							this ongoing situation and folio~	guidance
							issued b the relevant authorities.

The charity*s principal sources offunds (including	Para 1.47
any fundraising)
investment policy and objectives including any	Para 1.46
social investment policy
adopted
A description ofthe principal	Para 1.46
risks facing the charity
Other

tructure, Governance	and Man	agement
Description of charity's		Trust Deed dated O'" April 1982
trusts:
Type of governing document	Para 1.25	Trust Deed
How is the charity	Para 1.25	Unincorporated
constituted'
Trustee selection methods	Para 1.25	Election by existing trustees
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees

Policies and procedures adopted for the induction	Policies and procedures adopted for the induction	Para 1.51
and training oftrustees
The charity's structure and	organisational any wider	Para 1.51
network with	which the
charity works
Relationship	with any related	Para1.51
parties
Other

	Trustee name		ONce {ifany)	Oates acted ifnot for whole ear
1	Rev DrAR	Angel	Chair
2	Rev Dr GP	Aylett	Vice Chair
3	Rev TJ Barratt
4	Or C Brassett
5	Mrs C Freeman
6	Rev Dr TMW Green
7	Rev TP Subedi
8	Canon AE Thompson			Retired 14/09/2021
9	Rev N Woodbury
10
11
12
13
14
15
16
18
19
20

D rHA(tin rol~iiwss)ON Foit FXCLAhi0 Ahio WALES	D rHA(tin rol~iiwss)ON Foit FXCLAhi0 Ahio WALES	D rHA(tin rol~iiwss)ON Foit FXCLAhi0 Ahio WALES		SEAN	international
					Receipts and		payments			accounts
				For	the period from	06/04/2020			To		05/04/2021
' - -
e		~	e	~.
				Unrestricted funds		Restricted funds			Endowment funds		Totalfunds			Last year
				to the nearest		to the nearest		K	to the nearest 6		to the nearest 6		to	the nearest K
A1 Receipts
Donations from churchesicharities					19,002							19,002		7,717
Donations from Individuals					6,&91							6,&91		4,336
Tax repayments					1,407							1,40T
Other income/grants														1,859
Royalty income					32,049							32,049		32,536
Investment income					2,529							2,529		2,556
Legacy income														1,000
Sub total(Gross income for AR)					61,&77							8'l,877		50,591
A2 Asset and investment		sales,
(see table).
	Sub total
Total		receipts			61,877							61,&T/		50,591
A3 Payments
Direct support for users ofcourses					T32							732
Office admin and personnel					14,684							14,864		14,102
Operations management					32,90T							32,907
Editorial 8 Translation support					11,500							11,60D
Publicity/Newsletters					350							35D
Website and Digital development					1,698	10,000						11,698		'I5,023
Governance					1,788							1,78S		10,97S
	Sub total				53,639	10,000								81,211
A4 Asset and investment
purchases, (see table)
	Sub total
Total payments					63,639	1D,ODO						73,639		81,211
Net ofreceiptsl(payments)					1,762	10,000						11,782	-	30,820
A5 Transfers between	funds
AS Cash funds last year		end			70,946	14,949						85,895		118,515
Cash funds this	year end				69,184		4,949					74,133		85,895

~	I			~		~	e ~	~	~ ~	~ ~
							Unrestricted	Restricted			Endowment
							funds		funds		funds
							to nearest 6	to	nearest	6	to nearest F
B1Cash	funds		Petty cash/floats				4,811
			CAF Current Account				3,644		4,949
			CAF Deposit Account				60,729
				Total		cash funds	69,184		4,949
			(agree balances	with	receipts and payments
						account(s))
							Unrestricted	Restricted			Endowment
							funds		funds		funds
			L)etails				to nearest f	to	nearest	5	to nearest 6
B2Other	monetary assets		Debtor. Tax repayment		due		539
			Debtor; PICI				6,086
			Debtor: other
			Details				Fund to which asset belon s	Cost (optional)			Current value o tional
B3Investment		assets	CCLA Investment	Fund	Units		Unrestricted		50,000		85,297		C =
			Details				Fund to which asset belon s	Cost (optional)			Current value o tional
B4Assets retained for the			Fixed Assets (IT Equipment)				Unrestricted			3,490
charity's	own	use
							Fund to which	Amount due			When due
			Details				liabili relates		o tional		o tional
85 Liabilities			Creditors/Commitments				Unrestricted			82
Signed by one or two trustees on behalf of all the trustees			Signature				Print Name				Date of approval
						~1-cP	TEn,atC K' ~ g		AX fa	6 T~'	M .4I), E3
CCXXR2accounts (SS)											06/09/2021
											/	-	ir"