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2021-09-30-accounts

Legal and Administrative Legal and Administrative Details
2-7 Report ofthe Trustees
8- 10 Auditors'
Report
Statement ofFinancial Activities
12 Balance Sheet
13 —19 Notes to the Financial Statements

Notes 2021 2020
Income and endowments from:
Interest received lrom deposits 434 1,256
Investments 301,180 317,297
Other Income 595
Total incoming
resources
arising
during the year 301,614 319,148
Expenditure
on:
Charitable
activities
203,556 (3,809)
Administration 18,692 16,867
Total 222,248 13,058
Net operating
surplus
79,366 306,090
Net gains on investments 826,552 353,566
Net movements
in funds
905,918 659,656
Reconciliation offunds:
Balance brought
forward
10,366,063 9,706,407
Balance carried forward 11,271,981 10366063

Notes 2021 2020
FIXEDASSETS
Investments 10,551,323 9,724,410
CURRENT ASSETS
Debtors 7 600
Cash at bank 8 1,030,068 1,009,556
1,030,668 1,009,556
CREDITORS
Amounts
falling due within
one year
9 209760 223 438
NET CURRENT ASSETS 820,908 788,118
TOTAL ASSETSLESS 11,372,231 10,512,528
CURRENT LIABILITIES
CREDITORS
Amounts
falling due after
more than one year
100,250 146,465
NET ASSETS 11,271,981 10+66,063
Represented
by:
FUNDS
Unrestricted
funds
10 11,271,981 10,366,063
TOTAL FUNDS 11,271,981 10/66,063

2021 2020
Deposit account interest receivable 434 1,256
Distributions from the Alpha Charity Fund and
fees refunded 301,180 317,297
Other Income 595
301,614 319,148

Grants Awarde d
in Year to 3
0September 2021
Degrees in
Theology
Innovation Scholarslnps Fellowships Discretionary
Grants
Total
UK 20,000 20,000
TanzaI11a 338 4,000 4,338
Uganda (12,553) 14,732 2,179
Kenya (3,621) (3,621)
SSudan (263) (263)
Angola 8,086 8,086
Brazil 20,193 20,193
DRCongo 33,493 33,517 67,010
Myanmar 11,812 11,812
Sri Lanka 9,260 9,260
Costa Rica 12,398 12,398
North India 50,000 50,000
Argentina 2,000 2,000
South Africa 164 164
15,935 97,576 95,915 6,000 20,000 203,556

Grants Award ed
in Year t
o30Septem ber 2020
Degrees
in
Theology
Seminaries
colleges
and Non-
residential
Programmes
Short
Courses
Discretionary
Grants
Total
UK 2,100 2,000 4,100
Kenya 642 642
Zimbabwe (3,333) (3,333)
Uganda (4,964) (4,964)
Mozambique (7,316) (7,316)
Tanzania 622 6,440 7,062
1 600 7316 3,107 2 000 3,809

2021 2020
Fees to Dean & Chapter ofCanterbury 4,800 4,200
Administration costs 9,377 5,478
Trustees'
expenses —reimbursement
ofexpenses 73 463
Other expenses 1,192 3,916
Audit Fee 3250 2,810
18,692 16,867

Unrestricted Totals Totals
Funds 2021 2020
Market value at 1 October 9,724,410 9,724,410 9,369,563
Income reinvested 361 361 1,281
Additions
Unrealised
gains
826,552 826,552 353,566
Market value at 30 September 10,551,323 10,551,323 9,724,410

DE BTORS:AMOUNTS FALLING DU E WITHIN ONE YEAR
2021 2020
Prep ayments 600

8. CASH A T BANK
2021 2020
Child k Co High Interest and Current accounts 735,269 715,121
CCLA Deposit and Rebate accounts 13,844 13,831
Scottish Widows 280,955 280,604
1,030,068 1,009,556
9. CREDITORS
2021 2020
Amounts falling due within one year:
Accruals: Audit Fees 3,000 5,330
Other 5,277 4,200
Charitable Activities 194,853 172,281
Lambeth 2020/2022 6,630 39,627
209,760 221,438
Amounts falling due after one year:
Charitable Activities 80,250 146,465
Lambeth 2030 20,000
100,250 146,465

MOVEME NT IN FUNDS
Balance Balance
brought Movement Transfers carried
forward forward
Unrestricted Funds
Income Fund 10,353,892 904,504 11,258,396
Lambeth Fund 2030 12,171 1,414 13 585
10,366,063 905,918 11,271,981