Universities & Colleges Christian
Fellowship
Company limited by guarantee and not having share capital
Company Registration No. 387932
Registered Charity No. 306137 in England and Wales
Scottish Charity Registration No. SC038499
Report and Financial Statements
for the year ended
th
30 April 2022
Universities an(1 Colleges
Christian Fellowship
(UCCF)
Blue Boar House
5 Blue Boar Street
Oxford OX14EE
T: 01865 253678
E: info@u¢cf.org.uk
W: www.uccf.org.uk
Christian
Unions

UCCF Trustees Report and Financial Statomonts 2022
CONTENTS
REPORT OF THE UCCF TRUST
BOARD
INDEPENDENT AUDITORS,
REPORT
10
STATEMENT OF FINANCIAL
ACTNITIES
14
BALANCE SHEET
15
CASH FLOW STATEMENT
16
NOTES TO THE FINANCIAL
STATEMENTS
17
PROFESSIONAL ADVISERS
Maln bankers
Solicitors
Audltors
HSBC Bank plc
The Clock Tower
2-6 Gallowtre8 Gate
Leicester
LE11DA
Anthony Collins Solicitors
St Philips Gate
5 Waterloo Street
Bimiingham
B2 5PG
Mazars LLP
Park View House
58 The Ropewalk
Nottingham
NG15DW
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UCCF Trustees Report and Financial Stat•ments 2022
REPORT OF THE UCCF TRUST BOARD (Incorporating the Trustees.
Report)
For the year ended 31yts Aprll 2022
The Trustees of the Universtties and Colleges Christian Fellowship (°The Fellowship? present thelr
Annual Report and the Financial Statements for the year ended 30° April 2022.
CONSTITUTION
The Fellowship is a registered charity {No. 3061371 which is a federation of evangelical Chrlsllan
Unions governed by a constitutlon dated January 1999 and subsequently revised in 2003.
OBJECTIVES & PRINCIPAL ACTIVITIES
The pollcles of The Fellowship remain those contained in Its constitution. In summary this is to bear
witness to Jesus Chrfst as Saviour, Lord and God in the student world of England, Scotland and
W81es in accordance wlth the doctrinal basis of The Fellowship. The Fellowship is committed to
evangelism, wodd mission, Biblical tnrth and spiritual growih.
The principal activrties are-
To co-ordinate the wotk and to unite the members of the Christian Unions ('CUsl in their
witnes5 to the Christian faith in accordance wth the doctrinal basis of The Fellowship.
To advise or assist Christian Unions in the Work and to help creats Christlan Unions where
they do not yet exlst.
To produ￿ and Circulate literature and materials designed to advance the Christian faith.
To help CU members to appty Chrfstlan falth Intelligenly to their thinking and behaviour in all
areas of life including th￿r academic studies.
To mentor key undergraduates and hèlp them transition well to work after graduation.
To stimulate amongst students and fomier students an interest and adlve participation in
home and overseas missions and in the work of the churches.
Publlc Banèfit
The Trustees are rnlndful of the Charty Commission's guidance on "Charities and Publlc Benefir
and have embraced it. As ststed above, UCCF'S overall objective is to help stud6nts bèar witness to
Christ and his teaching. This includes equipping them to demonstrate the love of God in practical
ways. This r6POrt seeks to give examples of that public benefrt in action.
Achlevements & Perforniance
K•y achievements during the year have included:
In September, over 1,000 CU leadÈrs trained at in-person Forum training conference in
Shropshire, which included demonstrations of in-person evangelism events.
Resumption of in-per80n regional Forums to train new CU leaders. held In the Sprlng-
around 800 leaders attended in person.
Many Cus were able to resume holding in-person events, Indudlng Carol Services before
Christmas. and outreach weeks in the spring.
Where restrictions perslsted, CU Impact Groups (small groups) have proven essential to
keep Cus healthy and thriving in a very changeable context.
We have produced besF(sk8 content for Impact Groups, which ensures they are accesslble
for bolh established member8 and those relatively new to Christianty-
Students continuing to be equipping through online resour￿8, including a monthly email wf(h
1,482 subscribers
48.329 page views per monlh to bethinking.org
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UCCF Trustees Report and Flnanclal SLqtements 2022
Future Plans
UCCF has just completed its first (largety} post-covid year and has effectively pivoted back to
(largely) in-person national, regional, and local training and mentoring. The Institutional memory has
been well preserved and passed on as evidenced by the health and vibrancy of our campus groups
and nationallreglonal events and mentoring schemes. We have deliberately retsined the more
effective elements of online ministy both to use resources well and extend our reach.
Impact Groups wlll once again become the enty point for the new generation of students
coming up to university this year. Impact Groups across GB will be strengthened with new,
high quality video and writtèn matsrials that will enable these groups to impact the spiritual
and emotional well-being of the members and gafvanise them to Impact the wider campus
th the good news of the gospel of Jesus.
The Leadership Nthork (Arts, Apologetics, Music, Politics, Science. Teaching, Theology
and Law) will continue to develop new firstvclass (ligital resources across the discipllnes and
will combine its growing online presence at two national residential gatherings and week to
week mentoting at a local level. Combined wf(h our Intem scheme (Relay). the Leader3hip
Nthork programme enables us to identrfy, mentor, and traln a new generation of thought
leader8.
In the wake of Covid- we are more activety equipping our staff to be 'first responders. when
CU students appear to present wilh mental health and other p8Stor81 struggles. Thls
equlpplng is being woven into our trdining and Invofves the bringing in of specialists to t8a¢h
senior field staff as well as our CU Staff Work8rs.
Creating and curating cuttlng edge on-line resources fcK Chrlstlan Unlons to use 88 Part of a
creative, blended approach to Carol Services. Fresherfs Welcomes, Events weeks and
regular lunch time dialogue events.
Continuing to update our websites and sofiware systemslfunctions to enable the core
minlstry to be more effectively supported. A brand new CRM sofhvare pL8tform has just been
put in place and will be used to support and grow our development capacity and lo seN8 our
cx)nstituency more effectively.
Our research department will ¢onttnue to develop a niche work key Graduates and
Postgraduates in partnership with other organlsations and will help to identfy arKI mentor a
new generation of emerging Christian academics.
Additionally, The Fellowship continues its ongoing ministy of building both national and (in
partnership with IFES) International outreach, expanding strategic partnerships and providing
support struclures that are relevant to the constsntly changing context of universities in Great
Brltaln.
FINANCIAL REVIEW
The result for the year was a net decrease in funds of {£171,799).
Incom• & Eynditure
Income, excluding the CJRS grants, decreased by (£64,591), 1.6% year on year. Thls was primarily
due to a large decrease in legacy income and a 4.1010 decrease in donation income. Legacy income
was half of the level of the previous year and the decrease In donation income wa$ due to a fall in
income from churches and trusts. Th8nl(fully the income from individual supporters remained steady
and accounted for over 63Yo of our totsl income.
With the lifting of the Covid-19 restrictlons, most of our regular conferenc￿ and events took place in
person and were chargeable givlng a large increasa in our charitable activities, incoffle
Our expenditure incr8as8d by £497,980 from the previous financial year of whlch £397.818 was an
increase in direct ministry costs for equipping and training students. Thls addttlonal expenditure
re11ects our commitment to continue lo spend and invest in essent181 technology for virtual initiatives,
thus enabling remote contact wllh students in addition to the much-welcom6d retum of fac8-to face
mlnisty.
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UCCF Trustees Report and Flnancial Statements 2022
Our fundraising c08ts increased in the year due to a on&off Investment in a new contsct
management system to allow us to better support donor relatlonshlps and to ensure that we can
meet GDPR requirements. This n6W System is a long-tenn investment and will help us to sustain
and grow our income streams intelligently and thoughtfully. This in turn will increase and grow our
ministry over the coming years.
Unrestricted funds..
Net outgolng resourtss of (£70,048)12021 corresponding net in(x)ming resourc8s of £1,244.2571.
Restricted funds:
Net outgoing resources of (£101,751}12021 cOr￿pOndIng net outgoing resources of (£69.961).
UCCF Job Rotontion Fund
Lasl year we set aside £1.100.000 into a "Job Retention. fund. This was to protect the jobs for Ihree
years of the 19 new Staff W0￿er$ who joined us in August 2021 and to maintain the jobs of those
Staff Workers who were already in post in April 2021. Without this fund, we would not have had the
confidence to staff up fully and to offer this level of guarantee lo staff. We hav8 used £366,667 of the
fund this year. leaving a balance of £733,333 in the fijnd to cover the next 2 years. Allhough our
Staff Workers raise funds towards thelr own costs, th8re is on average a shortfall of around £17.000
per Staff Wother every year, which 13 usualty balan￿d by UCCF ￿ntral funds.
Budget 2022123
An operating deficf( of {£504,000) is budgeted for the next ffinancial year. Thls deflcit is due in part to
a known and notrfied reduction in Income from somè trusts together with in¢r0a$ed staffing costs.
The budget includes the 1.25 /0 increase in National Insurance rates for the 'health and social care.
levy together with the cost of a 6°A pay rise awarded by the Trust Board lo all staff in May 2022.
Th8 decision for the pay rise was taken in the light of the prevailing economic challenges that the UK
is facing with rising inflatlon and rising fuel and energy costs. The pay award has added £200.000 to
our annual slaffing costs.
The budget includes a fully staffed fellowship to allow us to continue our vital work with thls
generation of students, many of whom have experienced a very challenging and difficult few years
due to the impact of CovKI-19. The budgeted defictt will be funded from the Job Retention fund and
from our general reserves and reflects our commitment to maintain them per our Job Retention
Fund.
Th8 Fellowship is extremely grateful to all the individuals, churches, and trusts who have mad8
donations towards the wotk.
PRINCIPAL RISKS & UNCERTAINTIES
Risk Managemenl
The Trustees have sought to identify Ihe major risks to which The Fellowship is exposed and have
established controls and actions to minimise potential adverse outcomes. These risks and mttigating
aclions are set oul in a comprehensive and detailed rlsk register.
The slrategic and operational risks are idenllfied for each area, tog6ther with an explanation of how
they arè being or will be managed. The r8gister is reviewed formally by the Truslees on an annual
basis but is kept up to date with regular input from the Executive team to identify emerglng or
escalating risks. Risks are scored against probabilty and impact criteria with mitigating controls,
monitoriro proce8888. and actlon plans considered for all risk areas.
The Trusteés also review on a regular basis the major financial risks that The Fellowship faces. By
maintaining free reseryes at the target18vels, and regulady rev￿WIng the controls over key financial
systems. The Fellowship will ensure that it has sufficient resources in the event of adversa
conditlons.
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UCCF Trustees Report and Flnanclal Statements 2022
Prlnclpal Risks
The principal risks are those which ￿Uld affecl our financial position, our fundrdising capabilities, or
our IT systems and include-
Risk of corruption of IT systems or dats and unauthorised access to central IT systems.
Reputational risk due to adverse publicty and fear of rellglous extremism.
Risk of a targeted attack on UCCF'S Christian values.
Volalilty of income received from individual donors and trusts which 1$ diFfKult to predict.
The Trust8es' assessmenl is that adequate control measures are in place for the identffied risks and
that the ongoing moniloring process and review by the senlor management team is sufficient to
ensure that any new risks are identrfied.
WAR IN UKRAINE
The Fellowship does not operate in either Ukraine or Russia and no key 8uppllers are located In
either country. The Board's assessment of this highty tfagic geopolilical situation is that The
Fellowshlp Is not impacted direcuy at present, and the situation will remain under review.
STRUCTURE, GOVERNANCE & MANAGEMENT
Structuro
UCCF exists to engage In evangelical and evangelistic Christian work In tertlary education
institutions.
The UCCF Trust Board is the primary ¢ommtttee within The Fellowship having ful
vested powers of govemance as fijrther set out In The Fellowshlp's Memorandum and
Artlcles of Association.
The UCCF Trust Board continues to devolve certain levels and types of executive
authority to The Fellowship's various operating dNisions, but it retains uttimate
r8sporisibility for all the work of The Fellowship.
The Fellowship is affili8ted to the Internatlonal Fellowship of Evangelical Students (IFES)
and is thereby identified with other member movements around the world.
All Trustees give their lime voluntarily and do not receive any personal flnancial benefrt from The
Fellowship.
Compo8ltlon of the Board
The membership of the UCCF Trus1 Board at 30 April 2022 was:
1. Dr Christopher Willmott (Chair)
2. Rev Raymond Brown
3. Ms Jenny Brown
4. Mrs Jenny Charterls
S. Prof Glynn Harrison
6. Mrs Abigail Marthin8t-Glover (Chair of Student Council)
7. Mr Stephen Rigby
8. Rev John Stevens
ointm•nts durln
None.
the 1" Ma
2021-
Ih
rll 2022
•riod boin
orted
Retlrements durin tha 1" Ma
2021_301hA rf12022 orlod bèin rè orted
Mr David Lilley resigned on 24th March 2022.
Miss Mary Currie resigned on 25tr November 2021.
ointm•nls and Rotlrgments after 30 A rf12022 bul
authorisatio
Mrs Abigail Marthinet-Glover finished her temi as Chair of Student Council on 30 June 2022. She
was then apFX)inted as a trustee in herown right on 7 JU￿ 2022.
nor to financlal slalement
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UCCF Trustee5 Report and Flnanclal Ststoments 2022
Appolntment, Induction and Tralnlng of Trustees
Trustees are elected. or if agreed re-elected. on a defined rotstional basis and new Trustees are
provided with a suitable induction into The Fellowship's objects arKI ways of working from
governance perspective.
The procedures and training In place for new trustses are detailed below.
The new Trustee is sent:
°The Essential TnJstee- What you need to knO￿- Charty Commission publication
Memorandurn & Artides
The ConsUtution 2004
Govemance Manual 2006
List of Trustees & Members
The new Trustee signs:
Doclrinal Basis - re-svJned if and when thelr Tru8teeshlp Is exlended beyond three years.
ststement of obligatKsns as a Trustee.
Declaration of Interest and then signed at every subsequent AGM.
Various members of Staff 8180 routinely attend the Trust Board ex-officio Inon-voting). These
parttculady include the Director of Christian Unions. the Company Secretsry, the Field Director, arKJ
the Head of Finance.
statement of Trustees, Responslbilities
The Trustees are respjnsible for preparing the annual report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards {Unil8d Kingdom
Generally Accepted Accounting Ptacllce).
Company law appllcable to charf(ies in England and Wales requires the Truslees to prepare
financial statements for each financial year that give a true and fail view of the charity's financial
actÈvities during the year and of its financial position at Ihe end of the year.
In preparing the financlal statemants. giving a true and fair view, the Trustees should follow bast
practi￿ and..
Select suitable accounting policios and apply them consistently.
Make Judgements and estimates that are reasonable and prudent.
State whether appllcable accounting standard$ and $tatements of recommended practi¢e
have been followed. subject to any material departures disclosed and explained in the
financial statements.
Prepare the financial statements on the golng concem basis unless it is inappropriate to
presume that the charity will continue in operation.
The Trustees are responsible for keeplng proper accounting r8cords which disclose. with reasonable
accur8Cy, the financial FQSition of The Fellowshlp and which enables thern to ascertain the financial
position of The Fellowship and ensure th81 the finandal statements comply with applicable law. They
are also responsible for safeguarding the a$$ets of The Fellowship and hence for taking reasonable
stsps for th8 detection and prevenlion of fraud and other irregularities.
UCCF has Directors and Offi￿r8 Insuran(* which Cove￿ trustees for claims first made against
UCCF or a named trustee.
RESERVES POLICY
NOTE- in this sedion the temi °msgNes° is taken to mean ￿n￿Stricted, free cash reserves that a
readlly available for use and thus excludes reserves taking the lorm of fixed assets or olherrestncled
reserves wh￿h we funds recewed specific project work.
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UCCF Trustees Roport and Financial Ststements 2022
The Trustees recognise that reserves are essential In order to ensure that fluctuations in income do
not have a detrlmentsl knock-on effect on the work. They have adopted a5 a that a cash reserve
equating to elghi weeks of operating costs should bè maintained. calculated on the basis of an annu81
budget. The Trustees belleve that this balanc8S the need to appty funds to the mission whilst ensuring
that there are sufficient funds available to run the day to day ￿tiVitIeS and manage any financial risks
or any shcrt-temi inwme volatilty.
At the end of the financial year, free cash reserves totalled £494.331 and represented lust over 6
weeks of operatlng costs.
INVESTMENT POLICY
The 'growth' portfolio strategy Seeks to generats a retum above inflatlon over Ihe long tem, bLrt
a level of risk that is acceptable wlthln the volatility of the market. The wrtfolio 18 structured as
capital for the long temi. but none of It is illiquid, meaning rt can be readity accessed shouKI the need
arise. Income generated from the capital is paid into a cash account, allowing tha Trust88s to decide
annually on whelher to spend the cash, cary it fO￿ard or increase the capital.
REMUNERATION POLICY
UCCF seeks to be a go¢)d employer, both stewarding 5UPPOrter$' money and providing staff with a
realistic salary so they (2n afford necessities such as rent. food. and other living costs. as well as
leisure activrti88. In this regard. UCCF seeks to be an attractive employer trj Kx)terrtial candidates
and to retain excellent personnel whether slngle. married. or with a family lo support.
A f8llowship-wide pay increase is considered on an annual basis and Is primarily dependent on
UCCF'S income. The pay Increase is based on a range of indices such as the Retsll Price Index
Consumer Price Index. Consideration of what other organisations are doiro regarding salary
increases is made on a semi regular basls. This OA pay increase applied to all staff is recommended
as part of the budget and this is then reviewed and approved by the Twstees as part of the overall
budget raview.
Salary benchmarking for certain roles is carried out when recommended by the Trust Board. The
last review for senior staff was completed In September 2015 wllh the co￿lusion that no adjustment
was required at that time.
All staff are paid above the recommended living wage and those working in London are paid an
additional Lon¢Jon allowance. In addition to salary and employee p8nsion, UCCF provldes life
insurance for staff who have a financlal responsibility to a farnity member while they are working for
The Fellowship.
CONTRIBUTION OF VOLUNTEERS
Some sixty volunteers (kn¢)wn as 'Relay Work8rs') work closely alongside our own CU Stsff Workers
as part of their training on ihe Relay scheme. Relay Workers stay Wlth UCCF for ten months, usually
joining the scheme shortly after graduating. This scheme is a significant part of th8 work of The
F611owship. A number of volunteer Assoaate Staff Workers contribLrte to our work locally in vamus
ways.
AUDITORS
A resolution to r8apF#)int Mazars LLP as auditors to the Company and to authorlse the Trustees to
fix their remuneration was approved at the Annual General Meetlng held on 24 November 2021.
Mazars LLP have eXp￿SSed their willingness to continue in office as audtlors and this wll be
submttted to the Annual Gener81 Meeting in November 2022.
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UCCF Trustees Report and Flnanclal Statements 2022
CHARITY FUNDRAISING
UCCF is a Fellowship of students, staff, and supporters. All three groups are needed to achleve our
vision of giving every student in Great Brilaln an opportunty to hear and respond to the gospel of
Jesus Christ. Therefore, tl is important to us that We are good gospel p8rtners and communicate well
with our supporters. The Development and Communication5 Team support and train all stsff and
volunteers in fundraislng best practice so that togèther we effectively resource this ministry through
financial and prayer Suppo￿ We do not use any professional fundralsers or commercial
participators.
As an organlsation registered with the Fundraislng Regulator we are commttted to best practtce and
uphokding the Fundraising Promise of legal. open. honest and respectful fundraising. We pay the
voluntary levy, and w8 abide by the Code of Fundraising Practice. The relevant members of Ihe
Development and Communicatlons T8am are members of the Inslituie of Fundraising.
In the 2021-22 financial year UCCF r8CeIv￿ O fundrnising complaints. Policies are In place to
handle and investigate fundraising complaints should they arise.
We are Gommitted to treating our supwrters well and being gcM)d gospel partners. We have signed
up to receiv6 suppression$ under the Fundraising Preference SeTViC8. We have also followed
guidan¢e from both the Fundraising Regulator and the Institute of Fundraising on how to ensure wè
protect vulnerabl8 w)ple and others in connecting w￿h our fvndraising.
We recognise that some of the people that we engage with through our fundraising activty will not
alwayg have the capacty. al Ihe point of the interaction. to fully understand the nature of the
donation thgy are being asked to give to UCCF or the (X)nSequen￿8 of making that donation. UCCF
also understands that people in vulner8bie circumstances may need further support before making 8
decision about whether to make a donation.
We therefore hava a pollcy which provides a foundation of awareness and knowledge which enables
all UCCF fundraisers to respond appropri8lely to people in vulnerable circumstances. puttlng the
needs of the individual first. atK)ve and beyond securing a donatlon. It applies to all UCCF slaff and
volunteers who urxlertake fvndralslng on behaw of UCCF. Ihat Includes the Development and
Communicalions Team as they fundrai58 centrally, and Staff Workers and Relay Workers 88 they
raise personal suppM)rt.
OTHER INFORMATION
The principal and reglstered address of The Fellowship is Blue Boar House. 5 Blue Boar StreeL
Oxford OX1 4EE.
This report has been prepared in accordance with the Statement of Recommended Practice aTr
Accounting by Chartlies (revised 2019). So far as the Trustees are aware, there is no relevant audit
infomation of which the company's auditors are unaware, and they have taken all the steps that
they ought to have tsken as Trustees in order to make themselves aware of any relevant audit
information and to establlsh that the company's auditors are aware of that information, and th6y
have made such enquir￿$ of their fellow Trustees and of the company's audttors for that purpose,
and taken such other steps (If any) for that purpose, as w8re required by their duty as Trustees of
the company to exer¢is8 due care, sknll. and diligerKe.
The T ustees Report was approved by the Board on and signed on its behalf by:
ris Wlllmott
CHAIR of TRUST BOAR
Date:
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UCCF Trustges Report and Financial Statements 2022
Independent auditorfs report to the members of Universities & Colleges
Christian Fellowship
Opinion
We hav8 audited the finandal ststements of Unfversitles & Colleges Christian Fellowship (the
'charity') for the year ended 30 April 2022 wthich comprise the Statement of Financlal Activities. the
Balance Sheet. the Cash Flow Ststement 8nd notes to the financi81 statements, including a
summary ot significant accounting policies. The financial ￿porting framework thal has been applied
in their preparatK)n is applicable law and United Kingdom Accounting Standard5, including FRS 102
The Financial Reporting Standard appllcable In the UK and Republic of Ireland. (United Kingdom
Generally Accepted Accounting Pradice).
In our opinion, the financial stst8ments:
give a true and fair view of the state of the charity's affairs as at 30 April 2022 and of its
Income and expenditure for the year then ended.
have been properly prepared in accordance y￿th Uniled Kingdom Generdlly AGG8Pted
A￿Unting Practice" and
have been p￿pa￿d in accordance with th8 requir8ments of the Companies Art 2006, the
Charities and Trustee Investment {ScoUand) Acl 2005 and regulation 8 of the Charitie5
Accounts (Scotland) Regulatlons 2006.
Basis for oplnlon
We conducted our audit in acLordance with Intemational Standards on Auditing {UK) IISAS (UK))
and applicable law. Our responsibilities under Ihose standards are further described in Ihe Audf(orf$
responsibilities for the audil of the ffinancial statements section of our report. We 8re independent of
the Gharity in accordance with the ethical requirements that are relevant to our audit of the financtal
statements in the UK, induding the FRC'S Ethical Standard and we have frjlfilled our other ethical
responsibilities in accordance with the8e requirements. W8 believe that the audit evldence we have
obtalned Is sufficient and appropriatè to provide a basis for our opinion.
Conclusions relatlng to golng ¢onc•m
In auditing Ihe financial statements, we have conduded that the trustees, use of the going concem
basis of accounting in the preparation of the financial statements is appropriale.
Based on the worf( we have perfomied, Y￿ have not identrf*d any material uncertainties relating to
events or conditions that. individually or collectivety, may cast significant doubt on the charws abS11ty
to continue as a going con￿rn for a pemd of at least thlve months from when the financial
statements are authorised for issue.
Our responsibilities and the reswns1bil￿eS of the trustees with respectto going co￿eM are described
in the relevant sectlons of thls retM)rt.
Other Informatlon
The other infomiatKJn comprises the infomation included in the Truste8s report, other than th
financial statements and our audrtorfs report ther￿n. The trustees are responsible for the oth8r
infomiati?n. Our opinion on the financial ststements does not cover the other information and,
except to the extent otherwise explicitly stated in our rerx)rt, we do not express any fonn of
assurance conclusion thereon.
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VCCF Trustees Report and Financial SL*ements 2022
In connection with our aud￿ of the financial statements. our responsibility is to r6ad the other
infomiation and, In doing $0, Consider vthether the other information is materially In￿nSiStent with
the financial statements or our knowledge obtsined in the Course of the audlt, or otherwise appears
to be materially misstated. If we identify such material Incon$istencles or apparent matsrlal
mlsslalements, we are raquired lo determine whether the￿ is a material rnisststernent in the
financial statements or a material misstatement of the other inform8tion. If, based on the work w6
have performed. we conclude that there is a material misstatement of this other infomation, we are
required to report that fad.
We have nothing lo ￿pOrt in this regard.
Opinlons on other matters prn8crfbed by the Companies Act 2006
In our opin￿n. based on the work undertaken in the course of the audit:
the inforrrtation given in the Trustees. Report which includes the Directors. Report prepared for
the purposes of company law, for the financial year for which the financial statements are
prepared is consistent with the financial statements: and
th8 Directors, Report included within th8 Trustees, Report ha5 been prepared in ac￿jrdSnce
with appl￿ble legal requirements.
Matters on which we are requlred to report by exception
In liqht of the knowledge and understsnding of the charty and its environment obtained in the
course of the audit, we have not identified material misstatements in the Directors, Report included
bwthin the Trustees, ReporL
We have nothing to report in reswct of the following matters in relation to which the Companies Act
2006 and Charities Accounts (Sco￿and) Regulations 2006 requires us to Trport to you if. in our
oplnion..
adequate and proper accounting records have rK)t been kept, or reiums adequate for our audit
have nol been received from branches not visited by us: or
the financlal statements are not in ag￿ement with th8 accounting record$ and returns; or
certain disdosures of trustees, remunetation specified by law are nol made,. or
we have not recefved all the Infomation and explanations we require for our aud¢ or
the trustees were not entitled to prepare the financial staternents in accordance with the small
companles regime and take advantage of the small companies. exemplion from the requirement
to prepare a Strategic Report.
Responsibilitles of Trusto•s
As explained more fully in the trustees. responsibilities statement set out on page 7, the trustees
(who are also the directors of the ch8ritsble company for the purposes of company W) 8re
responsible for the preparation of the financial statements and for being satisth'ed that they give a
true and fair view. and for such intsrnal control as the trustees detemiine is necessary to 8nabl8 the
pr8paration of financial ststemenls that are free from material misstatement, whether due to fraud or
error.
In pieparing the financial statements. the trustees are responsible for assessing the charity's ability
to contlnue as a going concem, disclosing, as applicable. matters related to going concèm and
using the going concem basis of accounting unless the trustees either Intend to liquidate the charty
or to cease operations, or have no realistic alternative but to do $0.
Page 11 of 25
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UCCF Trustees Report and Financial Statements 2022
Audltorfs re8pon8ibilitles for the audlt of the financlal ststements
We have been appointed as auditors under Section 4411)(Cl of the Charities and Trustee
Investment (Scotland) Act 2005 and under the Companles Act 2006 and report In accordance wlth
regulations made under those Acts.
Our objectives arg to obtain reasonable assurance about whether the finan¢tal ststements as a
ole are free from material misstatement, whether due to fraud or error. and to issue an auditor's
report that includes our ¢Jpinion. Reasonable assur8nce is a high level of assurance but is not a
guarantee that an audit o)nducted in accordance wtth ISAS (UK) will always detect a material
misstatement when it exists. Misstatements can arise from fraud or error and are considered
material if. individualty or in the aggregate. they could reasonably be eX￿ted to it)fluence the
ecor￿Mic decisions of users taken on the basis of th8 financial slatemenls.
The extent to which our procedures are capable of detecting irregularftles, Including fraud Is detailed
below.
Irregularities, induding fraud, are instancas of non-cDmpllance wlth laws and regulations. We deslgn
procedurès in line with our reswnsibilities. outlined above, to detect material misststements in
respect of irregularfties, including fraud. Based on our understanding of the charity and its 8CtNitie$.
we identified that the Pri￿1paI risks of non-compliance wilh laws and regulations related to the
Charilies Act 2011. the Charities Ststement of Recommended Practice, UK tax legislation, pensKtns
legislation. employment regulation and health and safety regulation, a￿t￿bribery, corruption and
fraud, money laundering. non-O)mpliance with Implementstion of govemment support schemes
relatlng to COVID-19.
To help us identify instsnces of non-compliance with these laws and regulations. and in identfying
and assessing the risks of m8lerial misstatsmgnt in respect to nOn￿OmplianCe, our procedures
included, but were not limited to..
Inquiring of m8nagement and, where appropriate, those charged with governance. as to
whether the charty is in compliance wf(h laws and ￿gUlatiOns, and discussing their policies
and procedures regarding compliance with laws and regulations"
Inspecting correspondence, if any, with relevanl licensing or regulatory authorities,.
Communicating idenlrfiÈd laws and regulations to the engagement team and remaining alert
to any indications of non-compliance throughout our aLKlit.' and
Considering the rfsk of acts by the charity which were contrary to applicable laws and
regulations. induding fraud.
We also considered those laws and regulations that have a direct effect on the prepara￿On of the
financial slatem6nts, such as tax legislation. pension legislation, the Companies Act 2006 and the
Charities Statement of Recomm8nded Practi¢e.
In addition, we evaluated the tnjstees, and management's incentives and opportunities for fraudulènt
manipulation of the financial statements lincludlng the rlsk of ovethde of controls) and dÈt8rmined
that the wincipal risks V￿re relaled to posting manual journal entriès to manipulate financial
performance, management bias through judgements and assumptions in significant accounting
estimates, in particular in relation to income re¢ognitK)n (which w8 pinpointed to the cut off
assertion) and signiflcant one-off or unusual transactions.
Page 12 of 25
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UCCF Trustees Report and Flnancial Statements 2022
Our aLKJit tKocedures in relalion to fraud included but were not limtted to..
Making enquiries of the trustees and management on whether they had knowledge of any
actual, suspected or alleged fraud;
Gaining an understsnding of the internal controls eslablished to mitigate risks related tr)
fraud;
Discussing amongst the engagefflent team the risks of fraud,. and
Addressing the risks of fraud through management override of controls by perfomiing joumal
entry testing.
There are inherent limttalions in the audit procedures described above and the primary responsibility
for the prevenuon and detection of irregulartti8s including fraud rests wth management. As with any
audit. there remained a risk of non-detection of irregularities, as these may involve collusion. forgery,
intentional omlssions, mtsrepresentations or the override of Intemal controls.
A further descrlptSon of our resFonsibilities for the audit of the financi81 slatements is located on the
Financial Reporting Council's website at www.fir.org.uklauditorsre$pon$ibilities. Thi$ dO￿nptiOn
fomis part of our auditor's Teport.
Uso of the audit report
This report is made solety to the charitys members as a body in accordance with Chapter 3 of Part
16 of the Companies Act 20Q6. Our audit worf( has been undertaken 80 that we might state to the
charity's member$ thosé matters we are required to state to them in an auditorfs report and for no
other purwse. To the fullest extent pamiltted by law, we (Jo not accept or assume responsibilty to
anyone other than the charity and th8 charity's M￿berS as a body for our audit work, for this report,
or for the opinions we have formed.
Signed
David Hoose
(Senlor Statutory Audltor)
for and on behalf of Mazars LLP
Chartered Accountants and Statutory Audltor
Park Vlew Hous•
58 The Ropewalk
Nottlngham
NG1 5DW
Date: Nov 25, 2022
The
Christian
nions
Page 13 of25

UCCF Trustees Report and Financial Statements 2022
Statement of Financial Activities
For the year ended 301h Apiil 2022 (incorrK)raling an income and expendibjre account)
2022
Total Unffjstr¢ted Restrctsd
Funds
FurKI3
2021
Total
Fund$
F￿d
Fwds
INCOME frony
3.254,171
211,685
35,238
40S,810
199.746 3A53.917 3,272,553
211.685
447.364
35,238
840,736
410,202
328.541
3,fj01,094
447,364
640.736
91626
Legg¢ies
Grant Income
Charitat4ektMbes
Other Trading
Inv8stm¢nts
4.392
27.041
1,428
1,890
3,910,202
1828
1,494
1WO
214
214
204.138 4114340 4.428.846 355.582 4784A27
EXPENDrruRE on:
Rasing FuTrJs
Charilabje kbvthe$
Total Expendiiur•
382.750
3.$57.o¢f2
3.939.752
1.888
3H619
282,791
382.571
3939.672 3,103,105
3M439 4324191 1384896
438,649 3,641.764
440,315 4826,211
Net I￿0￿￿1(EXpen(1it￿re}
B•fore Galnl{Lo8s) on
InvgStn*nt
129.550) 1180.301) I2￿851) 1.042.949
1847331
951216
gdnl{ltssse81 on knvestsnent
N•t Incom•llExp•ndKur•}
31052
216,080
(180.301Tr {171.799I 1.259.029
216,080
(847331 1,174296
8,102
Transfers Beknn FLmd8
N•t MovgThTrt In Funds
78.5501
70,048
78.550
14,772
1101,7511 {171,7991 1.244.25T
14,772
{69.961) 1.174296
RECONCILIATbON of Funds:
Total FLmds Bro￿ht Forward
Total FLmds Carried Fotward
2,748,
2,676.019
1,758,974 4505,041
1,501,810 1,828,935 3,330.745
1657.223 4,333,242 2.746 067 1,758.974 4f4)S,041
The Notes on pages 17 to 25 form part of these flnan¢ial statements.
Page 14of25
Christian
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UCCF Trustees Report and Flnancial Statements 2022
Balance Sheet
As at 30" April 2022
Company RegistTrtion No. 387932
2022
2021
Flxed Assets
Tangible A856ts
Investments
Note
1,520,279
2,125,545
3,645,824
1,548,944
2,087,493
3,636,437
Current knsets
Debtors
Cash at bank and in hand
323,453
740,209
1,063.662
312,806
983,932
1,296,738
Creditors
ounts falling due within 1 year
{376,245)
376,245
428,134
428,134
Not Current knets
687.417
868,604
TOT￿ NET ASSETS
4,333.241
4,505,041
Funds of the charity
Restricted
Design*&
General
TOTAL FUNDS
11
13
1.657.223
848.961
1.827.057
1.758,974
1.238,660
1,507,407
The Notes on pages 17 to 25 fomi part of these financial statements
The Financial Stataments were a
ved by the Twstses on
z*
and signed on its behalf by Christopher Willmott (Chalr and Truste8)
2022
Page 15 of25
Christian
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UCCF Trustees Report and Flnanclal SL2toments 2022
Cash Flow Statement
For the year 8nded 301h AprS12022
Note
2022
2021
Cash Flows from operating actlvities
Net income lexFWKlitur• the wiod
adjustments for..
Depreciation chargas
{Increase)Idecr8a$a in debtors
hcreasel(decrease) in creditors
Unrealised (Gain)ILoss on investments
Investrnent income and interesl
(Profft)lloss on disposal of fixed assets
Net Cash provSded by operatlng activitios
(171,799)
1,174.
57,629
{10.647}
{51,886)
(38,0531
{1,4281
{122)
55,485
1169,8551
1216,080)
(1.494)
(125)
1216,306)
880,893
Cash Flows from investlng actlvllles
hcome from investments
Tangible assets: addttKJns
Tangible assets: sale Fxtteeds
Investments.. addtiions
Inveslments.. salo proceeds
Net Cash provided by investing activities
1.428
(29,319)
474
1.494
{36.089)
125
<700.000)
27,41n
(74470)
Moven*nt in cash and cash
e ulvalents in the re
rtin
(243.723)
1*423
Cash and cash equlva￿nts at 1st Vay
983,932
837,509
Cash and cash e
uivalents at 30th
740,209
983.932
alysls of cash and eash equivalonts
Cash at bank and In hand
740,209
983,932
Th• Notss on pages 17 to 25 forni part of these financial ststements
The
Christian
nions
Page 16 of25

UCCF Trustees Report and Financial Statements 2022
NOTES to the Financial Statements
For the year ended 30 April 2022
ACCOUNTING POLICIES
Basls of accounting
These financial statements have been prepared In accordance with Accounting and Rèporting by
Chartties: Statement of Recommended Practlce applicable to charities preparing their accounts in
accordance with the Financial Reporting St8ndard applicable In the UK and Republlc of Ireland
(FRS 102) (effective 151 January 20191- (Chartties SORP {FRS 10211, the Financial R8Wrting
Standard appli(2ble in the UK and Republic of Ireland IFRS 102) and the Companies Act 2008.
Assets and Ilabilities are initially recognised at historical cost or transadion value unles8 Othe￿iS8
stated in the relevant accK)unting poI￿Y or note.
UCCF meets the definltion of a public benefft entity under FRS 102.
Golng Concern
The financial statements have been prepared on a going concem basis as the Trustees believe that
there are no material uncertainlies about The Fellowship's ability to continue as a going concern.
The Trustees have considered the level of funds held and the expected level of incom8 and
expenditure for the nexi 12 months and Ihe budgeted income and expenditure is SLrfficient wilh the
level of reserves for Tha Fellowship to be able to conlnue as a going concem.
Funds Accountlng
The Fellowship's reserves are classffj￿d in the following three ways..
General Funds-These are unrestricted funds available for use at th8 discretion of the Trustees to
use in the normal activity of The Fellowship in furtherance of its gèneral charitable obje¢tive$ and
which have not b6en designated for other purposes.
Designated Funds- These are unrestricted funds that have been Set aside by the Trustees for a
particular purpose.
Restricted Funds- These are funds that are to be used in accordance with specific restrfclk)ns
Imposed by donors or which have been ralsed by Th8 Fellowship for particular purposes. Th8 costs
of raising and administering these restricted funds are charged against the specific fund.
Income and eXFend￿Ure relatlng to restricted andlor designated purrK)ses are reflected In the
Statement of Financial A￿1vr(leS ('SOFA°). with the resultant net in¢omingl(outgoing) resources
thereon being approwiated each year to separate funds in the balan￿ sheeL
Tangible fixed assets
Tanglble fixed assets costing more than £500 are capitalised and included at cosL including any
i￿Idents1 8xpenses of acquisition to bring the asset into working condition for its Intended use.
Assets are reviewed for impairmenl by the Trustees if circumstances indi￿e their c8rylng value
may exceed their net realisable value and value In use.
Depreciation of leasehold property is provided at a rate cAlculated to wrlte oll the cost over not
long8r than the rgmainlng period of the lease.
Realised gains and losses are shown In the appropriate section of the SOFA.
Page 17 of 25
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UCCF Trustees Report and Financlal Stataments 2022
NOTES to the Financial Statements (continued)
For the year ended 30Lh April 2022
Depreciatlon Is provided at rates calculated to write off the C￿$t of those assets on a straight-line
basis over their expect8d useful Irves.
The principal annual rates used are..
Freehold buildings
Computsr and other shorter life equipment
Fixiures and flttings
2.0010
33.0/.
12.5%
Stock and work In progress
Stock and work in progress is Statsd at the lower of Gost and net realisable value.
Investments
Investrnents and loans held as fixed assets include listed investments. Listed investmants are held
at market value with any gain or loss belng taken to the SOFA.
Incoma
Income is included in the SOFA when The Fellowship is entitled to the income after any
performanGe wndilions attached to the income have been rnet, the amounts can be measured
reliably, and it is probable that the income will be received.
Donations - Donations are recognised when th8 receipts hav8 been deposited Into the bank. The tax
recoverable under Gtft Aid is recognised as income when il becomes receivable.
LegaGies- Legacies are recognised vthen probate is gNen and there is sufficient information to
value them.
Grants- Grants ar8 recognised using the accrual model arKI are recognised In the accounts once all
criteria for grant has been met.
Expenditure
All expenditure is accounted on an 8¢cruals basis. Expenditure is recognised when there is a legal
or constructive obligation committing The Fellowship to the expenditure. Costs reported under each
heading in the SOFA reflect the allo(*tions of activities directly attributable to that heading together
wtth an apportionment of support and govem8nce costs {see below).
Raising Funds represent the expendtture incurred on generating funds from all the possible sources
of income.
Charitable actwitie8 represent the expenditure incurred on sludent mlnlsty.
Supwt costs include expenditur6 on office costs. govem8n1￿, payroll adrninistration, infonnation
technok)gy, human resources and financing. Together with govemance costs they are allocated
be￿een the cost of raising funds and charitable actlvf(ies a8 shown in note 3.
Foreign currency
Transactions in for&ign curroncies are translated Into stertlng at rates of exchartge ruling at the date
on which transactions occur.
All foreign currency balances a￿ translated at the rate wling at the balanc8 sheet date.
Leaslng and hlre purchase ¢omm5tments
Rentals payable under operating leases are charged against income on a 5traight-line basis over the
lease tenm.
Page 18 of 25
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UCCF Trustees Report and Financial Statements 2022
NOTES to the Financial Statements {continued)
For the year ended 30th April 2022
Taxation
As 8 registered charity and in accordance with Section 505 ICTA 1988 Ihere Is no taxallon ch8rge
arfsing from the result for the year.
Irrecoverable VAT is treated as a cost to The Felk)wship and Is Included vthhln the relevant
expense.
Penslons
The Fellowshlp uses a d6fined contribution pension scheme Tun by The People PenS￿n (TPP).
Employer contributions into the scheme and contributions payable to the pension 8cheme are
charged to the SOFA in the period to which they relale.
Flnancial instruments
The Fellowship onty holds bas￿ financlal Instruments as defined in FRS 102. The financial assets
and financial liabilities of the academy trust and their measurement basis are 88 follows..
Fin8ncial assets- trade. other debtors, accrued legacy incom8 and gtft aid recoverable are baslc
financial instruments and are debt instruments measured at amortised cost as detail8d in note 8.
Prepayments are not financial instruments.
Cash at bank-18 ¢18ssified as a basic financial instrument and is measured at face value.
Financial liabilit￿S- trade creditors, accrnals and other credf(ors are financial instruments, and are
measured 8t amortised cost as detailed in note g. Taxation and soual security aro not included in
the financial instruments disclosure definition. Deferred income is not deemed to be a financial
liablllty, as the ￿sh settlement has already taken place and there Is an obligation lo deliver services
rather than cash or another financial instrument.
Critical Estimatos and Area5 of Judgement
In the application of the charivs accounting policies, the trustee$ are required to make Judgements,
estimates and a8$umplons about the carrying amount of assets and liabilities that are not readily
apparent from olher sources. The estimatss and associated assumptions are based on historical
experience and other factor5 that are considered to be relevanl. Actual results may differ from the8e
estlmates.
The estimates and undertying assumptions are reviewed on an ongoing basis. Revisions to
accounting estimates are recognised in the period in which the estimate is revised. rf the revision
affects only that period. or in the period of the revision and future perit)ds rf the revSsion affects both
current and future p8riods.
The trustees do not consider that there a￿ any estimates and assumptions which have a signrficant
risk of causing a material adjustment to the carrying amount of assets and liabililles.
Page 19 of25
Christian
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UCCF Trustees Report and Flnancial Statements 2022
NOTES to the Financial Statements (continued)
For the year ended 301h April 2022
2. EXPENDITURE
Stsff Support
Other
Costs Costs Costs
TOT￿ TOT
2022
2021
Deprn
Expernyiture on Raising Funds
184,814
35,107 162.263
Charitable ktivities
2,687,128 430,287 794,853
Total Expenditurè 1871,942 465,394 957,116
1435 384619 284,457
27,304 3,939,572 3.541.754
29,739 4324.191 3.826.211
3. SUPPORT COSTS
Facilities
&HR
Finance
IT Gov'nce
TOTAL TOTPL
2022
2021
Raising Fund8
14,464 13,700
Student Mnisty
177,276 167,909
Total Support costs 191,739 181.609
5,398
66.162
71,560
1,545 35,107
30,658
18 941 430.287 425 190
20,486 465.394 455,848
Dq)reciation costs of £27,890 and staff costs of £279.381 are included wthin support costs.
Support Costs are allocated to actwities cffl the basis of headcount.
4. NET INCOMEI(EXPENDITURE)
2022
Thk8 is stated after charging..
Auditors. remunération
Depreciation
Gift Aid (income)
(9,360)
(57,629)
305,249
(8,750)
(55,485)
236.718
Page 20 of 25
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UCCF Trustees Report and Flnanclal Statements 2022
NOTES to the Financial Statements (continued)
For the year ended 30th April 2022
5. EMPLOYEES and TRUSTEES
a) EMPLOYEES
2022
2021
Salarles
s￿la1 securty costs
Penslon Contributions
2.782.884
2,751,210
248,7
248,168
119,649
121.305
Total 3,151,323
3.120.682
The staff costs shown at*)ve differ from ttThe s170Kn in note 2 by the amount
of staff cos¢s included 8S SUPPtyt costs.
Average staff nunknrs bydlvlslon
Sludent Mnisty
2022
2021
113
113
113
Total
Number of 0￿10￿09 whose total renwneratlon
{oxcl penslons contrlbution & Nl) falls between
the followlng range
£60.000 - £69,999
2022
2021
Key n•nagoThnl ￿rsOnn•1 ronwneralion
The key management personnel of the charity comprisea of the Student Mnk8ty
Leadership Team and the Trustees. The StLKlent Mnisty Leadership Team 18 the
Director. the FI&￿ Director. the Director of Crealive Evangelism, 4 Office Team
Le&J8r8, 4 F￿ld Team Leaders and ts EA to the director.
Total r•trwnoration {in¢l pension contribution)
2022
2021
Student Mnistry
654.536
618,676
In 2022 there were O Studenl Mnislry Lethship Team vacancie5.
b) TRUSTEES
> Trustee received remuneratM)n from the charity during the year (2021,. £ nil).
Trustees are reimbLrsed for out of p)ckel travel and subsistence eypertses.
2021
Trustees recemng r&imbursement
Total amount of reimbursement
£799
£169
Total (￿a￿OnS recefved from trustees and k8y management person￿1 dudng the
year wa$ £1,315 {2021: £2,750)
¢) RELATED PARTY TRANSACTIONS
Th￿e were no related part transactions during the {2021" non8).
The
Christian
nions
Page 21 of 25

UCCF Trustees Report and Financial Ststements 2022
NOTES to the Financial Statements (continued)
For the year ended 30th April 2022
6. TANGIBLE FIXED ASSETS
Leasehold Computer,
Property Fixtures &
Fittings
Total
1st 2021
th11ti¢￿$
Disposals
1.735,010
335,875 2.070.885
29,319
29.319
9.522
{9,5221
355,671 2,090,681
301h Wl 2022 1,735,010
Depreclatlon
At 1st ￿￿Y 2021
Charge for year
On diskN)sals
235,287
24.768
286,654
32,861
9,167
310,347
521,941
57,629
{9.167}
510,402
30th 4)rf12022 260,056
Net Book Value
At 30th Ppril 2021
At 30th Pprfl 2022
1.499.723
1,474,954
49.221 1,548.944
45.325 1,520,279
7. INVESTMENTS
Costlmarket Value
2022
2021
krket value at start of
dithjns at cost
Disposals at caryir¥J valug
Change in market val
38.052
216,081
Mark•t valuo at end of >Tar 2,125,$45 2,087,493
Flstorical cost at 30th 1,864,939 1,664,939
2,087,493 1.171,412
700,000
Investment Comprlses:
2022
2021
Cash
stsd Investments
57,402
437.624
2,068,143 1,649,869
Total 2,12&545 2.087,493
Page 22 of 25
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UCCF Trustees Report and Flnanclal Statements 2022
NOTES to the Financial Statements (continued)
For the year ended 30th April 2022
8. DEBTORS: Amounts falllng due wlthln one year
2022
2021
Trade debtors
£crued legacy Income
Prepayments
Gtft Aid recoverable
Other debtors
7.763
183,508
66,772
12,925
52,485
Total 323,463
150,542
52,780
49,142
60,341
312,806
9. CREDITORS: Amounts falling due within one year
2022
2021
Trade creditots
ALcruals
Taxation and social seLurity
Deferred Income
Other creditors and accruals
67,500
170,332
25.885
158.953
84,233
54.180
Total 376,245
178,816
428,134
Deferred Income
Conferencelsummer Team income received in advanoe
Relay training fees & deposits received in thance
Donations ft)r new staff post received in athnce
62.405
15,380
6,448
84233
155,666
14,990
Total
178,816
10. ANALYSIS of NET ASSETS BETVVEEN FUNDS
Unrestricted Restricted
Funds
Funds
2022
Total
Funds
2021
Total
Funds
Tangible fLxed assets
hvestrnents
Current assets
Current liabilities
45,325 1,474,954 1,520,279
2.125,545
2,125,$45
833.787
229,875 1,CF)3,662
328,639
47,606
376,245
2.676,018 1,657,223 4,333,241
1.548.944
2,087.493
1,296,738
428,134
4,505.041
Total funds
The
Christian
nions
Page 23 of 25

UCCF Trustees Report and Financial Statements 2022
NOTES to the Financial Statements (continued)
For the year ended 30 April 2022
11. RESTRICTED FUNDS
Restricted funds are funds donated or allocated for restrict￿ purwses.
Balance
at1stMay
2021
Balance at
30th *•r
2022
Incom• Expenditure
Transfers
New Buitding Fund
Vardy NE CUSW Fund
RW Assistance Fund
Exeter Uni CU Fund
GosFel Project
Leadership Netsvork
1,634,454
5,333
43.250
3,177
<24,768)
1,809,686
5,333
39,027
3,177
(6,309)
6.612
195.439
204,137
{6.612)
346,750
{384,440)
72.760
Total 1.758,974
78,551
78,551
1,657,223
The total transfer betsveen unrestricted and restricted funds of £78,551 in the year relates to income
transfe￿￿1 fri)m General Funds to the Leadership Nthork project to cover the direct costs incurred
in the year. The balanGe represents a grant which was r¢ceN¢d at the end of 4)ril to cover project
8Ctivrty in 2021122.
12. UNRESTRICTED FUNDS
Balanca
at1st May
2021
Balance at
301h *Jr
2022
Income Expenditure
Transfers
General Funds
Deswjnated Funds
1,507,407
1,238,660
Totsl 2.746,067
3,830,698 (3,799,316)
117,555
140,436
3.948.253 (3,939,752)
288,268
366,819
(78,5511
1,827.057
848.961
2.676,018
The
Christian
Unions
Page 24 of 25

UCCF Trustees Report and Flnanclal Statements 2022
NOTES to the Financial Statements (continued)
For the year ended 30th April 2022
13. DESIGNATED FUNDS
The income funds of the charty include the following designated funds wh￿h have been set
asid8 out of unrestricted fijnds for S￿lf￿ wrposes:
Balance
at 1st May
2021
Balanco at
30th
2022
Incom• Exponditurn
Transfors
)b R8t8ntKsn Fund
staff Worker Posts
Strategic Research
SE CU Big Weekend
Summer Tearn5
London Mssion & Training
Hardship Fund
R8s8rva Fund
1.11X).Th
97.723
{6,025)
(366,667)
(15,1521
15,OtXI
733,333
51.181
13,699
26.106
(57,4961
(75,180)
(7,760)
7.760
3,786
1160
3,000
4,302
37,500
Total 1238.660
5,946
3,000
4,302
117,555
(140A36) (361819)
848,961
14. UNDISCLOSED INCOME & EXPENDITURE
At 3¢Jh April 2022 The Fellowship had no undisclosed income arKJ exwThJilure (2021; £0)
15. PENSIONS
The Fellowship operates a workplace pension scheme whose assels are held separately
from those of The Fellowship in an irMJeFendently administered fijnd. Al digible stsff a￿ aut
enrolled Into the scheme. The Felbwship makes contributions into their scheme of 3¥0, 50h
or 7.50/0. At 30th April 2022, there were contributions totslling £0 whlch were outstanding to
the scheme. (2021. £0)
16 CAPITAL COMMITMEMrs
30th 4Drd 2022 there was no contract8d or authorised capital expeThditure {2021,' £0)
17 FINANCIAL COMMITMEKrs
At 30th April 2022 The Fellowship had m commitments for payments under nonwcancdlable
operating leases. (2021., £ nil)
The
Christian
nions
Page 25 of 25