| Trustees | Mr David Megarry | |||
|---|---|---|---|---|
| Dr Cherith Semple | ||||
| Rev Stephen Richmond |
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| Key Management | Personnel | |||
| Directors | Rev. Gordon Stewart | |||
| MrAlex Hays |
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| Charity number | 327165 | |||
| Principal address | Northwich Business Centre |
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| Meadow Street | ||||
| Northwich | ||||
| Cheshire | ||||
| CW9 5BF | ||||
| Auditor | Riverside Accountancy | Lancaster | Limited | |
| Statutory Auditor | ||||
| 26 StGeorges Quay | ||||
| Lancaster | ||||
| LA1 1RD | ||||
| Bankers | NatWest Bank |
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| Western Avenue | ||||
| Waterside Court |
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| Chatham Marine |
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| Chatham | ||||
| ME4 4RL | ||||
| Accountant | JA Fell and Co | |||
| 40 Hoghton Street |
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| Southport | ||||
| Merseyside | ||||
| PR9 OPQ |
| Page | ||
|---|---|---|
| Trustees' report |
1-7 | |
| Independent auditor's |
report | 8- 11 |
| Statement offinancial | activities | 12 |
| Balance sheet | 13 | |
| Statement ofcash flows | 14 | |
| Notes to the financial | statements | 15-24 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| Notes | 2022 f |
2022 | 2021f | 2021f | 2021f | |||
| Income from: | ||||||||
| Donations and legacies |
2 | 707,861 | 425,047 | 1,132,908 | 765,458 | 605,558 | 1,371,016 | |
| Investments | 3 | 313 | 313 | 612 | 612 | |||
| Total income | 708,174 | 425,047 | 1,133,221 | 766,070 | 605,558 | 1,371,628 | ||
| ~ECht | ||||||||
| Raising funds | 4 | 59,663 | 59,663 | 55,789 | 55,789 | |||
| Charitable activities |
6 | 745,084 | 528,158 | 1,273,242 | 660,778 | 336,794 | 997,572 | |
| Total expenditure | 804,747 | 528,158 | 1,332,905 | 716,567 | 336,794 | 1,053,361 | ||
| Net (outgoing)/incoming | ||||||||
| resources before transfem | (96,573) | (103,111) | (199,684) | 49,503 | 268,764 | 318,267 | ||
| Gross transfers | between | |||||||
| funds | (23,788) | 23,788 | (11,347) | 11,347 | ||||
| Net (expenditure)/income | for | |||||||
| the year/ | ||||||||
| Net movement | in funds | (120,361) | (79,323) | (199,684) | 38,156 | 280,111 | 318,267 | |
| Fund balances at 1 January | ||||||||
| 2022 | 187,488 | 439,495 | 626,983 | 149,332 | 159,384 | 308,716 | ||
| Fund balances | at 31 | |||||||
| December 2022 | 67,127 | 360,172 | 427,299 | 187,488 | 439,495 | 626,983 |
| 2022 | 2021 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Notes | 8 | 6 | ||||||||
| Current assets | ||||||||||
| Debtors | 8,207 | 10,522 | ||||||||
| Cash at bank and | in | hand | 439,624 | 635,139 | ||||||
| 447,831 | 645,661 | |||||||||
| Creditors: | amounts | falling due within | ||||||||
| one year | 12 | (20,532) | (18,678) | |||||||
| Net current | assets | 427,299 | 626,983 | |||||||
| Income funds | ||||||||||
| Restricted | funds | 14 | 360,172 | 439,495 | ||||||
| Unrestricted | funds | 67,127 | 187,488 | |||||||
| 427,299 | 626,983 | |||||||||
| The financial | statements | w re approved | by the Trustees on ...2Z .9/..+ /~ g |
| 2022 | 2021 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Notes | 8 | 8 | ||||||||
| Cash flows from operating | activities | |||||||||
| Cash (absorbed | by)/generated | from | 20 | |||||||
| operations | (195,828) | 328,667 | ||||||||
| Investing activities |
||||||||||
| Interest received | 313 | 612 | ||||||||
| Net cash generated from |
investing | |||||||||
| activities | 313 | 612 | ||||||||
| Net cash used | in financing | activities | ||||||||
| Net (decrease)/increase | in | cash and | cash | |||||||
| equivalents | (195,515) | 329,279 | ||||||||
| Cash and cash equivalents | at | beginning | ofyear | 635,139 | 305,861 | |||||
| Cash and cash | equivalents | at end of | year | 439,624 | 635,139 |
| Donations | and legacies | ||||||
|---|---|---|---|---|---|---|---|
| Unresbdicted | Restricted | Total | Unrestricted | Restricted | Total | ||
| funds | funds | funds | funds | ||||
| 2022f | 2022f | 2022f | 2021f | 2021 | 2021f | ||
| Donations | and gifts | 707,861 | 425,047 | 1,132,908 | 742,108 | 605,558 | 1,347,666 |
| Job Retention Scheme | |||||||
| Grants receivable | 23,350 | 23,350 | |||||
| 707,861 | 425,047 | 1,132,908 | 765,458 | 605,558 | 1,371,016 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2022f | 2021 f |
||
| Interest | receivable | 313 | 612 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2021 | |||
| g | 6 | |||
| Fundraisin | and | ublici | ||
| Seeking donations, | grants and legacies | 59,663 | 55,789 | |
| 59,663 | 55,789 |
| Grant | Ministry | Total | Total | |||
|---|---|---|---|---|---|---|
| funded | work | 2022 | 2021 | |||
| activity | ||||||
| f | ||||||
| Staff costs | 50,835 | 219,472 | 270,307 | 235,970 | ||
| Grant funding | ofactivities (see note 7) | 833,926 | 833,926 | 670,033 | ||
| Share of support costs (see note 8) | 102,346 | 59,543 | 161,889 | 83,949 | ||
| Share ofgovernance | costs (see note 8) | 3,560 | 3,560 | 7,120 | 7,620 | |
| 990,667 | 282,575 | 1,273,242 | 997,572 | |||
| Analysis by |
fund | |||||
| Unrestricted | funds | 462,509 | 282,575 | 745,084 | ||
| Restricted funds | 528,158 | 528,158 | ||||
| 990,667 | 282,575 | 1,273,242 | ||||
| Forthe year | ended | 31 December 2021 | ||||
| Unrestricted | funds | 330,845 | 223,557 | 536,960 | ||
| Restdcted funds | 361,565 | 361,565 | ||||
| 774,015 | 223,557 | 997,572 |
| 2022 | 2021 | |
|---|---|---|
| 8 | 8 | |
| Grants to institutions: | ||
| Asia Harvest | 109,212 | 101,526 |
| Run Ministries | 15,000 | 9,569 |
| Genesis NGO | 60,094 | 50,067 |
| Global Impact | 32,037 | 18,700 |
| India Village Ministries | 15,000 | 43,484 |
| Impact Middle East | 64,700 | 67,210 |
| MCCP | 11,756 | 14,318 |
| Pars Theological | 31,000 | 25,000 |
| LIFM | 30,000 | 25,868 |
| New Life | 1,649 | |
| Salt and Light | 16,074 | 8,000 |
| Christian Far East Ministry | 40,000 | 6,000 |
| Al Massira | 15,000 | |
| Shelter Asia | 24,000 | |
| Dula International | 5,000 | |
| ICI | 48,118 | 20,420 |
| PGM | 100,820 | 62,335 |
| Delhi Bible Institute | 38,900 | 20,000 |
| Laos Fish Farms | 83,685 | 46,223 |
| Samaritan Creations |
9,268 | 9,272 |
| OMF International | 12,355 | |
| MMC | 4,800 | 8,747 |
| Chisel | 13,737 | 9,070 |
| Backto the Bible | 15,000 | 9,000 |
| Life4Bangladesh | 17,580 | 10,043 |
| Other | 51,496 | 72,826 |
| 833,926 | 670,033 |
| 8 | Support costs | Support costs | ||||||
|---|---|---|---|---|---|---|---|---|
| Support | Governance | 2022Support costs | Governance | 2021 | ||||
| costs 6 |
costs | costsf | ||||||
| Staff costs | 33,865 | 33,865 | 31,976 | 31,976 | ||||
| Exchange | (gains)/losses | (1,035) | (1,035) | 801 | 801 | |||
| Overheads | 31,841 | 31,841 | 29,237 | 29,237 | ||||
| Overseas | travel costs | 45,179 | 45,179 | (255) | (255) | |||
| UK travel costs | 10,213 | 10,213 | 6,411 | 6,411 | ||||
| UK motor | expenses | 20,460 | 20,460 | 10,454 | 10,454 | |||
| Resources | 17,996 | 17,996 | 4,020 | 4,020 | ||||
| Bank charges | 3,370 | 3,370 | 1,305 | 1,305 | ||||
| Audit fees | 3,820 | 3,820 | 3,540 | 3,540 | ||||
| Accountancy fees |
3,300 | 3,300 | 4,080 | 4,080 | ||||
| 161,889 | 7,120 | 169,009 | 83,949 | 7,620 | 91,569 | |||
| Analysed | between | |||||||
| Charitable | activities | 161,889 | 7,120 | 169,009 | 83,949 | 7,620 | 91,569 |
| The average | monthly numb |
er ofemployees during the year |
was: | |
|---|---|---|---|---|
| 2022 | 2021 | |||
| Number | Number | |||
| Administration | and governance | 2 | 2 | |
| Fundraising | and charitable | work | 12 | 11 |
| Total | 14 | 13 | ||
| Employment | costs | 2022 | 2021 6 |
|
| Wages and salaries Social security costs |
269,585 17,542 |
237,040 15,280 |
||
| Other pension costs | 17,045 | 15,626 | ||
| 304,172 | 267,946 |
| There wer | e no emplo | yees whose annual remuneration was more tha |
n f60,000. | ||
|---|---|---|---|---|---|
| 11 | Debtors | ||||
| 2022 | 2021 | ||||
| Amounts | falling due | within one year: | E | 8 | |
| Other debtors | 8,207 | 10,522 | |||
| 12 | Creditors: | amounts | falling due within one year | ||
| 2022 | 2021 | ||||
| 6 | 8 | ||||
| Other taxation and social security | 5,995 | 5,125 | |||
| Trade creditors | 824 | ||||
| Accruals | 13,713 | 13,553 | |||
| 20,532 | 18,678 |
| Movement in funds |
Movement in funds |
|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Resources | Transfers | Balance et | ||||||
| 1 January | resources | expended | 31 December | |||||||
| 2022f | 2022 f |
|||||||||
| Asia General | Fund | 46,602 | 131,673 | (146,701) | 31,574 | |||||
| Bhutan | 2,170 | 3,971 | (2,643) | 252 | 3,750 | |||||
| Burma | 5,886 | 8,157 | (13,904) | 268 | 407 | |||||
| Central Asia | 1,328 | 38,394 | (35,915) | 3,807 | ||||||
| China | 15,451 | 26,841 | (27,597) | 50 | 14,745 | |||||
| Disaster | 49,831 | 13,427 | (64,285) | 1,027 | ||||||
| India | 7,012 | 10,708 | (7,157) | 134 | 10,697 | |||||
| Restricted | Countries | 53,223 | 40,013 | (61,553) | 1,969 | 33,652 | ||||
| Mongolia | 56,253 | 11,915 | (35,047) | 33,121 | ||||||
| Nepal | 130,888 | 14,671 | (34,831) | 110,728 | ||||||
| Sri Lanka | 11,940 | 3,998 | (4,377) | 11,561 | ||||||
| Vietnam | 376 | 150 | (567) | 88 | 47 | |||||
| Digital ministries | 1,622 | 3,883 | (25,379) | 20,000 | 126 | |||||
| Widows | Fund | 46,441 | 26,010 | (22,899) | 49,552 | |||||
| Scripture | 10,472 | 11,230 | (13,463) | 8,239 | ||||||
| Bangladesh | 1,213 | (1,213) | ||||||||
| Easter appeal | 42,756 | (30,627) | 12,129 | |||||||
| Christmas | appeal | 36,037 | 36,037 | |||||||
| 439,495 | 425,047 | (528,158) | 23,788 | 360,172 | ||||||
| 15 | Analysis | of | net assets | between funds | ||||||
| Restricted | Unrestricted | Total | Restricted | Unrestricted | Total | |||||
| 2022 | 2022 | 2022 | 2021 | 2021 | 2021 | |||||
| f | f | f | f | f | ||||||
| Fund balances at 31 | ||||||||||
| December | 2022 are | |||||||||
| represented | by: | |||||||||
| Current | assets/(liabilities) | 67,127 | 360,172 | 427,299 | 439,495 | 187,488 | 626,983 | |||
| 67,127 | 360,172 | 427,299 | 439,495 | 187,488 | 626,983 |
| non-cancellable operating leases, which fall due as follow |
s: | |
|---|---|---|
| 2022f | 2021f | |
| Within one year | 14,000 | 5,359 |
| Between two and five years | 14,000 | 7,431 |
| 28,000 | 12,790 |
| Cash generated from |
operations | operations | 2022f | 2021 f |
||
|---|---|---|---|---|---|---|
| (Deficit)/surplus for the |
year | (199,684) | 318,267 | |||
| Adjustments for: |
||||||
| Investment income recognised |
in statement | offinancial | activities | (313) | (612) | |
| Movements in working |
capital: | |||||
| Decrease in debtors |
2,315 | 13,271 | ||||
| Increase/(decrease) in |
creditors | 1,854 | (2,259) | |||
| Cash (absorbed by)/generated |
from operations | (195,828) | 328,667 |