2022-12-31-accounts - Fellowship Of St John (UK) Trust Association

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			Page
Trustees' report			1-7
Independent	auditor's	report	8 -10
Statement of	financial	activities
Balance sheet			12
Notes to the accounts			13-19

Trustees			Revd. A. Malcolm
			Revd. Canon C.Card-Reynolds
			Revd. S.Anderson
			Baroness A. Harris
			Revd. Canon J. Chambers
			Revd. G. Naylor
			David Ballance
Administrative		Support	Linden Sheffield
Charity number			289862
Company	number		01830397
Mailing Address			348 Hughenden Gardens Village,		Hughenden		Boulevard,		High Wycombe	HP13 SGH
Registered	Office		65-68 Leadenhall Street, London		EC3A	2AD
Auditors			Knox Cropper LLP Chartered	Accountants
			65-68 Leadenhall Street, London		EC3A	2AD
Bankers			Reliance Bank Ltd
			Faith House, 23-24 Lovat Lane, London			EC3R	BEB
Solicitors			HMG Law LLP
			126 High Street, Oxford, OX	4DG
			Wedlake Bell
			71Queen Victoria Street, London		EC4V	4AY
Investment	Managers		Investec Wealth & Investment
			30Gresham Street, London	EC2V 7QP
			Rathbone Investment Management,
			8 Finsbury Circus, London EC2M		7AZ
			Sarasin 8 Partners,
			Juxon House, 100St Paul's Churchyard,			London		EC4M	8BIJ

				2021
Income from:
Donations and legacies			44	1,694
Investments			243,978	217,419
Surplus on sale ofleasehold	property			1,145
Total			244,022	220,258
Expenditure on:
Raising funds			22,540	47,091
Charitable Activities			417,803	406,398
Total			440,343	453,489
Net gains and losses on investments		10	(1,343,229)	1,032,583
Net income/(expenditure) in funds	and net movement		(1,539,550)	799,352
Fund balances at 1January	2022		9,929,223	9,129,871
Fund balances at31December 2022			68,389,673	69,929,223

				31December 2022	31December 2022	31December 2021	31December 2021
			Note	E	E	E	E
Investment	assets		10		8,930,595		10,460,480
					8,930,595		10,460,480
Current assets
Debtors				59,387		97,014
Cash at bank and in hand				106,696		76,024
				166,083		173,038
Creditors
Amounts falling due within one year			12	(707,005)		(704,295)
Net current	assets
					(540,922)		(531,257)
Total assets	less current	liabilities			f8,389,67K		E9,929,223
Unrestricted	funds
Unrestricted	income funds		13		6,034,035		6,179,741
Designated Revaluation	funds Reserve		14 13		36,340 2,319,298		86,955 3,662,527
TOTAL FUNDS					E8,389,673		E9,929,223

2	Voluntary	income	income
					2022	2021
					E	E
	Other Donations				44	1,694
					E44	E1,694
3	Investment	income
					2022	2021
					E	E
	Dividends				238,452	201,752
	Income from fixed interest and cash deposits				5,526	15,667
	Fellowship	ofSt	John (UK) Trust Association	share	E'243,978	E217,419
	Total investment		income from portfolios		319,909	285,085
	Transferred	to SGT, SHC and SSJE(see below)			(75,931)	(67,666)
	Fellowship	ofSt	John (UK) Trust Association	share	E243,978	E217,419


4	Surplus on sale	ofleasehold		property				E1,145
5	Total resources	expended
				Administrator	Other
				costs	costs	2022	2021
				E	E	E	E
	Charitable activities
	Grants (Note 6)				340,926	340,926	285,362
	Mizeki Festival Project						27,810
	SSJECambridge	Links
	Support costs			22,884	38,482	61,366	51,141
	Governance costs				15,511	15,511	42,085
	Investment management		fee		22,540	22,540	47,091
	Total resources	expended		E22,884	E417,459	E440,343	E453,489

The following grants were award	ed during the year:
Grants awarded outside the UK
Holy Name Church St Vincent	Refurbishment of church following volcanic eruption				31,296
Hope for Youth in Zimbabwe	Arable and livestock farming project in Tariro				30,000
StPatrick Grenada	Mission space for activities and income				23,990
Accomplish Children's Trust	Education and farming for disabled young people				6,000
Grenada Mothers' Union	Parenting training programme				4,720
Kathryn's Mercy Horne, India	Educational sponsorship forten village girls				1,800
CSLFriends ofStJames Zimbabwe	Secondary school bursaries in rural Zimbabwe				3,320
Major grants awarded (Skand over)
Freedom Church Mereside	Part funding for Centre Manager				15,000
StMatthew's Carver Street	Nursing Project				15,000
St Catherine Burnley	Funding for Centre Manager				11,640
StBarnabas Orpington	Youth Worker funding				11,000
All Saints South Lynn	Installation oftoilets and kitchen	to facilitate	Mission		10,000
Save The Parish	Funding to educate parishioners	on the importance		ofthe
	local parish				10,000
St Philip &StJames Doncaster	Children and Families Worker				10,000
All Saints New Longton	Youth Worker				10,000
St Mary East Grinstead	Parish Development Worker				10,000
StMatthew Sheffield	Development Worker and Musical Director				6,900
Christ Church Heeley	Children and Families Worker				7,063
StPeter lk StJohn Horbury	Children and Families Worker				7,000
Ollerton &Boughton PCC	Youth and Schools Worker for the Parish				7,000
St Helen Auckland	Youth and Community Worker for Parish Groups				6,667
StJohn Chester	Funding for Administrator				6,000
StCatherine Burnley	Vital remedial work tothe church				5,000
St Helen Barnsley	Upgrading ofchurch hall and child friendly facilities				5,000
Other grants
StJohn Leamington Spa	Christian children and youth work in deprived		area		4,419
Erith Deanery Youth Trust	Children's Christian Ministry Work				4,000
The Family Trust	Wellbeing in collective worship and Kingsquad		Clubs		2,7B1
StCatherine Burnley	Tutor and co-ordinator for church	choir			2,720
ROOT Monastic Trust	Funding for Annual Taster Day				2,500
St Mary Willesden	Walsingham Youth Pilgrimage				1,400
Archdeacon Luke Miller	Funding assistance for book launch				750
Richard Keeble	Pastoral placement in St Vincent				750
Scholarships and Bursaries
University ofthe Western Cape	Scholarships and Book Grants				14,140
StStephen's House	Benson Scholarship				12,000
Grants awarded from the Bernard Mizeki	Trust
North London Pastoral Assistants	Funding for pastoral assistant				18,000
Pusey House, Oxford	Funding for pasta ra I assistants				13,500
St Michael & All Angels	Funding for a 7-month pastoral placement				7,550
					E340,926

Trustees Trustees are not remunerated.
Five trustees were reimbursed	travel	and subsistence	expenses that			they personally incurred		or which were
incurred by the charity for inspection		trips and meetings		of E20,752 (2021:E9,054).			During	the year the
charity paid 6667 for trustee	indemnity insurance		(2021:f667).			Good governance	obliges trustees to
periodically visit foreign locations to assess new grant			applications		and review the usage		ofgrants awarded.
Fixed asset investments
						2022 f		2021f
Market value at 1January 2022						13,444,285		11,924,976
Additions						6,582,069		2,243,312
Disposals at book value						(6,681,889)		(2,077,947)
Movement in Market Value of	Investments					(1,761,268)		1,353,944
						11,583,197		13,444,285
Cash held for Investment						126,779		271,705
Less: Share ofinvestments held	on behalf ofSGT, SHC and			SSJE		(2,779,381)		(3,255,510)
						E8,930,595		E10,460,480

11	Debtors
							2022	2021
	Owed by	Sisterhood	ofthe Holy Childhood				57,174	67,019
	Sundry debtors							9,539
	Prepayments and accrued income						2213	20,456
							f59,387	f97,014
12	Creditors:	amounts	falling due within	one	year
							2022	2021
							f	f
	Amounts	owed to StGeorge's Trust					30,617	14,908
	Amounts	owed to Society ofStJohn the Evangelist					642,215	622,862
	Accruals						19,173	29,628
	Grants payable						15,000	36,897
							f707,005	f704,295
13	Fund movements
				Designated		Income	Revaluation
					Funds	Funds	Reserves	Total
	At 1January 2022				86,955	6,179,741	3,662,527	9,929,223
	Incoming	resources				244,022		244,022
	Resources	expended			(50,615)	(389,728)		(440,343)
	Loss on investments						(1,343,229)	(1,343,229)
	At 31December 2022				f36,340	f6,034,035	f2,319,298	f8,389,673
	Prior year
				Designated		Income	Revaluation
					Funds	Funds	Reserves	Total
	At 1January 2021				236,955	6,262,972	2,629,944	9,129,871
	Incoming	resources				220,258		220,258
	Resources	expended				(453,489)		(453,489)
	Transfer			(150,000)		150,000
	Gain on investments						1,032,583	1,032,583
	At 31December 2021				f86,955	f6,179,741	63,662,527	f'9,929,223

Designated
	1January	Transfers	Resources	31
	2022		expended	December
				2022
			E	E
Claudia Severn Legacy	86,955		(50,615)	36,340
	E86,955		E(50,615)	E36,340

Claudia Severn Legacy	Claudia Severn Legacy	Claudia Severn Legacy	Claudia Severn Legacy	Claudia Severn Legacy
The funds from the Claudia Severn legacy have been designated by the					trustees to honour the ministry of
SSJEand for religious education		and	ministry to children.
Analysis ofnet assets between		funds
			Designated	Income	Revaluation
			Funds	Funds	Reserves	Total
Investments				6,611,297	2,319,298	8,930,595
Net Current	Liabilities		36,340	(577,262)		(540,922)
At 31December 2022			E36,340	E6,034,035	E2,319,298	E8,389,673
Prior year
			Designated	Income	Revaluation
			Funds	Funds	Reserves	Total
Investments				6,797,953	3,662,527	10,460,480
Net Current	Liabilities		86,955	(618,212)		(531,257)
At 31December 2021			E86,955	E6,179,741	E3,662,527	E9,929,223