| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Total | ||||
| fund | funds | ||||
| Notes | E | E | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Investment income |
53,940 | 51,875 | |||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Support for the work | ofthe Episcopal/Anglican | ||||
| Province ofAlexandria | 51,748 | 52,011 | |||
| Net gains/(losses) on |
investments | (57,359) | 220,410 | ||
| NET INCOME/(EXPENDITURE) | (55,167) | 220,274 | |||
| RECONCILIATION OF |
FUNDS | ||||
| Total funds brought | forward | 1,993,411 | 1,773,137 | ||
| TOTAL FUNDS CARRIED FORWARD | 1,938,244 | 1,993,411 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Unrestricted | Total | |||
| fund | funds | |||
| Notes | f | E | ||
| FIXEDASSETS | ||||
| Investments | 1,921,572 | 1,978,931 | ||
| CURRENT ASSETS | ||||
| Debtors | 15,147 | 57,017 | ||
| Cash at bank | 1,525 | 963 | ||
| 16,672 | 57,980 | |||
| CREDITORS | ||||
| Amounts falling due within one year |
(43,500) | |||
| NET CURRENT ASSETS | 16,672 | 14,480 | ||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 1,938,244 | 1,993,411 | ||
| NET ASSETS | 1,938,244 | 1,993,411 | ||
| FUNDS | ||||
| Unrestricted | funds | 1,938,244 | 1,993,411 | |
| TOTAL FUNDS | 1,938,244 | 1,993,411 |
| INVESTMENT IN | COME | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||||||
| f | f | |||||||||||
| Income from listed investments | 53,863 | 51,849 | ||||||||||
| Deposit account | interest | 77 | 26 | |||||||||
| 53,940 | 51,875 | |||||||||||
| All investment income derives from |
listed | investments | in The CBF Church | of England | Funds. | |||||||
| CHARITABLE ACTIVITIES COSTS | ||||||||||||
| Grant | ||||||||||||
| funding | of | |||||||||||
| activities | ||||||||||||
| (see note | Support | |||||||||||
| 4) | costs | Totals | ||||||||||
| f | f | f | ||||||||||
| Support for the work | ofthe | |||||||||||
| Episcopal/Anglican | Province ofAlexandria | 43,300 | 8,448 | 51,748 | ||||||||
| One grant was made |
to an organisation. | Support | costs comprise | the | management | service | charge which |
has been tak | ||||
| entirely to charitable | expenditure. | |||||||||||
| GRANTS PAYABLE | ||||||||||||
| 2022 | 2021 | |||||||||||
| f | f | |||||||||||
| Support for the work | of the Episcopal/Anglican | Province ofAlexandria | 43,300 | 43,500 | ||||||||
| The total grants | paid | to institutions | during | the | year | was as follows: | ||||||
| 2022 | 2021 | |||||||||||
| f | f | |||||||||||
| Diocese of Egypt | 10,825 | 10,875 | ||||||||||
| Diocese ofthe Horn of Africa | 6,495 | 6,525 | ||||||||||
| Diocese of North | Africa | 4,330 | 4,350 | |||||||||
| Diocese of Gambella | 21,650 | 21,750 | ||||||||||
| 43,300 | 43,500 |
| FIXEDASSET INVESTMENTS | ||
|---|---|---|
| 2022 | 2021 | |
| f | f | |
| Shares | 1,761,572 | 1,818,931 |
| Loans | 160,000 | 160,000 |
| 1,921,572 | 1,978,931 |
| Listed | |
|---|---|
| investments | |
| f | |
| MARKET VALUE | |
| At 1st July 2021 | 1,818,931 |
| Revaluations | (57,359) |
| At 30th June 2022 | 1,761,572 |
| NET BOOK VALUE | |
| At 30th June 2022 | 1,761,572 |
| At 30th June 2021 | 1,818,931 |
| DEBTORS:AM | OUNTS FALLING DUE WITHIN ONE YEAR |
||
|---|---|---|---|
| 2022 | 2021 | ||
| f | f | ||
| Debtors | 1,743 | 541 | |
| The Jerusalem | and The East Mission Trust Limited | 43,500 | |
| Prepayments | and accrued income | 13,404 | 12,976 |
| 15,147 | 57,017 |
| 9. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| E | E | |||
| Grants payable | 43,500 |