2023-04-05-accounts - Sean International

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Objecti	v	e	s	and A	ctiv	iti	es
							SORP reference
Summary			of the purposes			of		The objects ofthe charity are to advance the
the charity			as set out		in its			Christian faith and ministry for the benefit of
governing			document					the public by developing theological education,
								principally by extension, so that it is accessible
								by a wide range ofpeople including those who
								cannot afford other types of education. The
								charity is involved with the publication and
								distribution ofChristian literature and
								materials throughout the world. The charity's
								ministry is independent, interdenominational
								and international and so benefits a wide
								section ofthe public.
Summary activities		of the main in relation tothose					Para 1.17and 1,19	The charity has continued to produce, promote, distribute and facilitate the
purposes		for the public						production and distribution ofextension
benefit,	in		particular,		the			education materials. It has also developed and
activities,			projects or					revised many ofits publications in response to
services		identified in			the			the need for accessible Christian educational
accounts.								resources for both Christian and non-Christian
								cultures. The courses are also promoted via the
								website and social media.
								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 regularly review the charity
								activities and make plans for the future, to
								ensure that the SEAN courses maintain their
								quality and availability, throughout the world,
								in many languages and in a range ofmedia
								formats, as communications and digital
								technology continues to provide more
								opportunities to serve and benefit the public.
Statement				confirming			Para 1.18	The trustees have considered the Charity
whether		the trustees			have			Commission's guidance on public benefit, as
had regard				to the guidance				well asthe specific guidance for charities on
issued	by the Charity							the advancement ofreligion.

Commission	Commission	on public	on public
benefit
Additional	information			(optional)
You ma choose to			include		further statements	where relevant	about:
					SORP reference
Policy on	grant making				Para 1.38
Policy on	social investment				Para 1.38
including	program		related
investment
Contribution		made	by		Para 1.38
volunteers
						The charity is	called SEAN International	as it
Other						seeks to produce study materials to enable
						Study by Extension for All Nations

chieve	formance
	SORP reference
		During the year we have developed our
		contact with a wide network oforganizations
		committed to education by extension. Many	of
Summary ofthe main achievements ofthe charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1,20	these organisations, and their students, who are often from very poor areas, benefit from the use ofour courses. We have also worked, and provided input at training opportunities, with other organisations involved with Theological Education by Extension (TEE). We have gained further information about
		those distributing and using courses and
		materials developed by our charity, which will
		assist us in future revision and development	of
		our courses. We have continued our research
		and deepened our knowledge as we progress
		the possibility of more providing courses via
		digital platforms and mobile devices, which	will
		benefit a wider section ofsociety.

Achievements	against
objectives set		Para 1.41
Performance	offundraising
activities against objectives
set

Investment
against objectives	Para 1,41
		The charity has prepared its accounts on the
Other		basis of being a going concern,	having both
		considered and assessed the normal risks the
		charity faces, plus the additional	challenges
		caused by world news events, serious conflicts
		in the world, and the resultant	economic and
		environmental impacts in which	the charity
		operates.

inancial Review	inancial Review	inancial Review	inancial Review
Review ofthe charity's					Para 1.21	The net assets ofthe charity at 5th April 2023
financial position		at	the end			were E214,094, being 14%more than at S'"
of the period						April 2022 (E186,616).
Statement	explaining		the		Para 1.22	The trustees aim to hold a minimum ofthe
policy for holding		reserves				previous year's payments as unrestricted
stating why	they	are held				undesignated 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	6214,094 (including 812,724 restricted funds
						(2022:E7,376 restricted funds)
Reasons for holding			zero		Para 1.22	N/A
reserves
Details offund materially				in	Para 1,24
deficit
Explanation	ofany				Para 1.23	The charity has prepared its accounts on a
uncertainties about			the			going concern basis, having both considered
charity continuing		as a going				and assessed the normal risks the charity faces,
concern						plus additional risks caused world news events
						and conflicts in some parts ofthe world. The
						trustees regularly assess the ongoing situations
						and follow guidance issued by the relevant
						authorities.

The charity's principal sources offunds (including	Para 1.47
any fundraising)
Investment policy and
objectives including any social investment policy	Para 1.46
adopted

&HABITS CONlNMlON	&HABITS CONlNMlON	&HABITS CONlNMlON	&HABITS CONlNMlON	&HABITS CONlNMlON	&HABITS CONlNMlON
FOR	ENGLAND		AND		Ih/Al 55	SEAN International
						Receipts and			payments		accounts			CC16a
						Forthe period from		06/04/2022		To		05/04/2023
~ i	~ a	*		~	~	~
						Unrestricted funds		Restricted funds		Endowment funds		Total	funds	Last year
						tothe nearest E		tothe nearest 6		tothe nearest 6		tothe nearest 6		tothe nearest 6
A1 Receipts
Donations from churches/charities							21,159						21 159	141088
Donations from Individuals							3281		3,400				8,581	18,007
Tax repayments							3,615						3,615	1 321
Other income/grants									9,448				9,448	3Ooo
Itoyalty income							43479						43,479	43,183
Investment income							3,184						3,164	2,556
Legacy Income
Sub total	(Gross	income for AR)					74,697	12,848					87,546	80,155
A2 Asset and	investment			sales,
(see table).
			Sub		total
	Total			receipts			74,697	12,848					87,546	80,155
A3 Payments
Direct s k for	users ofcourses						4,370						4,370	12,562
ONce admin and	personnel						13&750						13,750	13,480
Operations management							22,347						22,347	25,474
Editorial a TranSlatian Support													298	5,326
Publici /Newsletters							313		7,500				7,813
Website and Digital develo		ment					2,075						2,075	7,903
Governance							4,254						4,254	2,765
			Sub		total		47,407		7,500				54,907	68,175
A4 Asset and	investment
rchases, (see table)
			Sub		total
	Total	payments					47,407		7,500				54,907	68,175
Net ofreceiptsl(payments)							27,281		5,348				32,638	11,880
A5 Transfers	between		funds
A6 Cash funds last year				end			78,737		7,376				86,113	74,133
Cash funds this			year end				106,028		12,724				118,752	86,113

~				~	~	~ ~	~		~	~	~
						Unrestricted	Restricted					Endowment
		Details				funds		funds				funds
						to nearest 8	to	nearest			6	to nearest K
81Cash funds		Petty cash/floats				4,582
		CAF Current Account				3,890
		CAF Deposit Account				sr,asr				12,724
				7otal cash funrfs		106,026			12,724
		(agree balances		with	receipts and payments
					account(s))
						Unrestricted	Restricted					Endowment
						funds		funds				funds
		Details				to nearest 6	to	nearest			6	to nearest 8
82Other monetary assets		Debtor.	Tax repayment		due
		Debtor.	PICI			12,714
		Debtor,	other
		Details				Fund to which asset belon s		(	ti		ii	Current value o lonal
83investment	assets	CCLA investment		Fund	Units	UnrestrIcted				50,000		88,raa
						Fund to which						Current value
		Details				asset belon s						o tional
84Assets retained for the		Fixed Assets (IT Equipment)				Unrestricted				4,290
charity's own	use
						Fund towhich	Amount			due		When due
		Details				liebill relates		o	lonal			o lonal
85 Liabilities		Re debtors/commitments				Unrestricted					6,171
Signed by one or two trustees on behalf ofall the trustees			Signature			Print	Name					Date of a roval
						/'.6/ «/$ 8yA4Z(			rV			if)7m &oi
CCXX R2 accounts (SS)												18/12/2023

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		Only	complete		ifthe examiner needs to highlight		matters	ofconcern (see CC32,
		Independent		examination		of charity accounts; directions		and guidance for
		examiners).
Give here brief details of
any items that the
examiner	wishes to
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