**Charity registration number 327522**
## **CHRIST FOR ALL NATIONS (UK)**
**ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **CHRIST FOR ALL NATIONS (UK)**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**Trustees** Reverend D Kolenda Reverend P van den Berg Reverend I Pettie Reverend R Benson Reverend S Uppal Reverend J Mitchell **Charity number** 327522 **Principal address** Highway House 250 Coombs Road Halesowen West Midlands B62 8AA **Auditors** M T Manley & Co Limited 696 Yardley Wood Road Billesley Birmingham B13 0HY **Bankers** TSB Bank plc Henry Duncan House 120 George Street Edinburgh EH2 4LH Lloyds Bank plc 25 Gresham Street LONDON EC2V 7HN **Solicitors** Pearcelegal Limited 2 The Square Solihull West Midlands B91 3RB
## **CHRIST FOR ALL NATIONS (UK)**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 3|
|Statement of trustees' responsibilities|4|
|Independent auditor's report|5 to 7|
|Statement of financial activities|8|
|Statement of financial position|9|
|Statement of cash flows|10|
|Notes to the financial statements|11 - 20|
## **CHRIST FOR ALL NATIONS (UK)**
## **TRUSTEES' REPORT** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
The trustees present their report and financial statements for the year ended 31 December 2021.
The accounts have been prepared in accordance with the accounting policies set out in note 2 to the accounts and comply with the trust's governing d eed , the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)”
## **Structure, governance and management**
The trust was established by a charitable trust deed on 24 June 1987, and registered as a charity with the Charity Commissioners under the above name.
The trustees who served during the year were: Reverend D Kolenda Reverend P van den Berg Reverend I Pettie Reverend R Benson Reverend S Uppal Reverend J Mitchell
New trustees are recognised and appointed by the current board of trustees in recognition of their contribution and value to the charity. The board collectively, on an ongoing basis, reviews its trustees. The board is in regular communication with each other and with the chairman and vice-chairman on all matters concerning the charity. The trustees share major decisions that are noted in the minutes of the annual general meetings, and when required consult with a specialist charity solicitor. These decisions are passed to the UK Director, Mr L. Cartwright, and his staff for day to day execution.
Because new trustees are appointed from the ranks of those who are already familiar with the charity's objectives, methods and systems, little formal induction or training is required upon their appointment.
The trust currently employs the following 16 staff (13 full-time and 3 part-time):
- UK Director
- Finance Manager
- Marketing Manager
- Events Manager
- Operations Manager
- Operations assistant
- 2 Finance assistants
- 2 Relationship Directors
- Communications co-ordinator
- Marketing assistant
- 3 Administration assistants - Cleaner
The trust is affiliated to:
- Christus Fur Alle Nationen EV in Frankfurt, Germany
- Christ for All Nations in Florida, USA
- Christ for All Nations in London, Ontario, Canada
- Christ for All Nations in Parklands, South Africa
- Christ for All Nations, Singapore
- Christ for All Nations in Lagos, Nigeria
- Christ for All Nations, Queensland, Australia
- Christ for All Nations, Hong Kong
- Christ for All Nations, Brazil
All of which are operated under similar systems and objectives, and linked by a Global Cooperation Agreement.
- 1 -
## **CHRIST FOR ALL NATIONS (UK)**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **Public Benefit**
The trustees have had regard to the Charities Commission statement on public benefit. In this respect we see many lives changed when the Christian message is proclaimed and people take it on board. When communities and areas in Africa live out Christian values and ethos we have often heard reports of reduced crime and how living and life has materially improved. Communities are formed and strengthened and many people benefit from having been involved with Christ for all Nations.
We teach and equip people to help them develop personally in their own faith.
## Objectives and activities
The objectives of the Christ for all Nations trust are the advancement of the Christian Faith , the worship of God , the relief of persons in need, hardship, distress or who are aged or sick.
Primarily we carr y out e vangelistic c ampaigns in Africa.
Fundraising for evangelistic campaigns in Africa is vitally important to the charity, and the trustees take their duties and responsibilities in this respect very seriously. To this end the charity complies with the Code of Fundraising Practice issued by the Fundraising Regulator. All of our fundraising is conducted by our own staff under the guidance and control of the UK Director, and systems are in place to ensure that all mailing and e-mail communications are approved and signed off before release. To protect donors, anyone may request removal from our mailing list at any time and in any event will be removed after two months of not responding. We have received no complaints to date about our fundraising activities.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the trust should undertake.
## **Review of year**
A great year for Christ for all Nations with all its challenges. We would like to express our sincere thanks to all those who continue to pray with us and for us and stand financially in these incredible days of Harvest.
The charity participated in 3 major gospel campaigns throughout the year of 2021. 2 of them were held in the nation of Tanzania and 1 in Nigeria. Christ for all Nations has been instrumental in reaching over 84 million people with the Gospel in its 40 years of existence.
We are grateful to all staff members who have served during this season. The hard work from every member culminates in a good result. Many of our team go the extra mile in their responsibilities and duties and this helps us to propel forward and achieve great things.
We continue to remember and celebrate evangelist Reinhard Bonnke who passed away in December 2019.
## **Achievements and performance**
Monthly Partner programme has continued year on year and currently we have over 2300 people regularly contributing on a monthly basis. This enables people to regularly support the charity from a financial perspective.
Since covid we began a monthly event for Staff and Supporters called Fuel. This has at times gathered over 400 people for inspirational teaching and continued communication about our outreaches in Africa and across the world.
A new venture that has proved very fruitful in terms of building Church relationships and growing a new younger demographic of partner are Fire Camps. These are 10 day evangelistic training courses that include working with local churches and doing outreach and tend to end with a crusade. Its part of the vision of Daniel Kolenda to see evangelists raised up across the globe to see a multiplying of evangelism.
- 2 -
CHRIST FOR ALL NATIONS (UK)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Financial review
The trustees consider the financial situation of the charity to be satisfactory.
We have sufficient 'Trustee Indemnity Insuran, in place.
Most of CfaN's funding is by way of voluntary giving and it is clear that this years support has remained strong
and continual. Income in 2021 rose by 150/0 to £1,493,714. Expenditure this year included £806,843 on overseas
campaigns and a further £287,674 on other charitable activities, (a total of 73 % of the. income). Full details can
be seen in the financial statements and the accompanying notes.
Plans for the future
We see the continued growth of partner Zoom events as a low cost way to increase the awareness of what we
are doing. This also combines with the Fire Camps and we have had an increased opportunity to carry out
evangelism training with churches that has proved fruitful.
The African crusades will not just continue but will increase with Evangelist Daniel Kolenda's vision for a 'Decade
of Double Harvest, where in the next 10 years we plan to provide the training and equipping of an army of
evangelists around the world giving an increase in the amount of African Crusades that we are able to carry out.
In relation to our trustees structure we continue to look for potential additions who can add to the already strong
contributions that we have.
The report was approved for and on behalf of the trustees on 2s/I 0 /20ZI and signed on its behalf by
Reverend R Benson
Trustee
## **CHRIST FOR ALL NATIONS (UK)**
## **TRUSTEES' RESPONSIBILITIES STATEMENT**
## _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the trust and of the incoming resources and application of resources of the trust for that year.
In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the trust and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
- 4 -
## **CHRIST FOR ALL NATIONS (UK)**
## **INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF CHRIST FOR ALL NATIONS (UK)**
## **Opinion**
We have audited the financial statements of Christ for All Nations (UK) (the ‘trust’) for the year ended 31 December 2021 which comprise the statement of financial activities, the statement of financial position, the statement of cash flows and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 _The Financial Reporting Standard applicable in the UK and Republic of Ireland_ (United Kingdom Generally Accepted Accounting Practice).
## In our opinion, the financial statements:
- give a true and fair view of the state of the charity’s affairs as at 31 December 2021 and of its incoming resources and application of resources, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Charities Act 2011.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the trust in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
## **Other information**
The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
## **Matters on which we are required to report by exception**
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:
- the information given in the financial statements is inconsistent in any material respect with the trustees' r eport; or
- sufficient accounting records have not been kept; or
- the financial statements are not in agreement with the accounting records; or
- we have not received all the information and explanations we require for our audit.
- 5 -
## **CHRIST FOR ALL NATIONS (UK)**
## **INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF CHRIST FOR ALL NATIONS (UK)**
## **Responsibilities of trustees**
As explained more fully in the s tatement of trustees' r esponsibilities, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the trust’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to cease operations, or have no realistic alternative but to do so.
## **Auditor's responsibilities for the audit of the financial statements**
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
## **Extent to which the audit was capable of detecting irregularities, including fraud**
We design our procedures so as to obtain sufficient appropriate audit evidence that the financial statements are not materially misstated due to non-compliance with laws and regulations or due to fraud or error.
We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations – this responsibility lies with management with the oversight of the trustees.
Based on our understanding of the charity and industry and discussions with management we identified financial reporting standards, Companies Act 2006 and Charities Act as having a direct effect on the amounts and disclosures in the financial statements.
As part of the engagement team discussion about how and where the charity's financial statements may be materially misstated due to fraud, we did not identify any areas with an increased risk of fraud.
Our audit procedures included:
- enquiry of management about the charity's policies, procedures and related controls regarding compliance with laws and regulations and if there are any known instances of non-compliance;
- examining supporting documents for all material balances, transactions and disclosures;
- review of the Board of trustees minutes;
- enquiry of management and review and inspection of relevant correspondence with any legal firms;
- evaluation of the selection and application of accounting policies related to subjective measurements and complex transactions;
- analytical procedures to identify any unusual or unexpected relationships;
- testing the appropriateness of journal entries recorded in the general ledger and other adjustments made in the preparation of the financial statements;
- review of accounting estimates for biases;
Owing to the inherent limitations of an audit, there is an unavoidable risk that some material misstatements of the financial statements may not be detected, even though the audit is properly planned and performed in accordance with the ISAs (UK).
The potential effects of inherent limitations are particularly significant in the case of misstatement resulting from fraud because fraud may involve sophisticated and carefully organized schemes designed to conceal it, including deliberate failure to record transactions, collusion or intentional misrepresentations being made to us.
- 6 -
CHRIST FOR ALL NATIONS (UK)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF CHRIST FOR ALL NATIONS (UK)
A fvrtheT description of our responsibiliiies for the audit ol the finaral statsments is located on the Flnanclal
Reportirg Coun¢iYs website at. w.fr¢.0lg.ukJaUdrt0r81e$p¢nSib[1lti8s. This descriptson forn part of our auditovs
report.
Uso ot our reFX>rt
Th15 report Is Inade solely to the companls memberg, as a body, In 8ccordan¢e wRh yedlon 391 ofthe Companles
Act 2014. Our auditwotk has been undertaken so that we might slate lo the company'$ members those rnotters w8
are requlred to state to them in an auditovs report and for no other purpose. To the fullest extent pemitted by law,
we do not accept Of assume responsibilty to anyone other than the company and the tompanls member5 as
body, for *JJravdit worK forthls report. or for the oplnlons we have formed.
Lhl
Gr•ham Collln¥ (Senlor St•tutory Audltor)
M T Manley & Co Lirnited Istatutory Audltor)
Chartered A¢¢outhtants
ZS,I
696 Yardley Wood Road
Billesl•y
Birmingham
813 OHY
M T ManlEy & Co Llmlted is elglblE foi appolntment as auditor ofthe trust by rtu8 of ts ellglbility foi appolntment
s auditor of a ¢f)mp&ny under of 8ection 1212 of the ConyniesAct 20C6
## **CHRIST FOR ALL NATIONS (UK)**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**3**
1,376,028
94,539
Charitable activities
**4**
4,298
-
Other trading activities
**5**
18,849
-
**Total income**
1,399,175
94,539
**Expenditure on:**
Raising funds
**6**
419,833
-
Charitable activities
**7**
999,978
94,539
**Total resources expended**
1,419,811
94,539
**Net (outgoing)/incoming resources before**
**transfers**
(20,636)
-
Charitable activities transfers between funds
277,577
(277,577)
**Net income/(expenditure) for the year/**
**Net movement in funds**
256,941
(277,577)
Fund balances at 1 January 2021
290,676
308,359
**Fund balances at 31 December 2021**
547,617
30,782|**Total**
**2021**
**£**
1,470,567
4,298
18,849
1,493,714
419,833
1,094,517
1,514,350
(20,636)
-
(20,636)
599,035
578,399|**Total**
**2020**
**£**
1,266,946
12,188
16,677|
|---|---|---|
|||1,295,811|
|||391,000|
|||898,884|
|||1,289,884|
|||5,927
-|
|||5,927
593,107|
|||599,034|
- 8 -
CHRIST FOR ALL NATIONS (UK)
STATEMENT OF FINANCIAL POSITION
AS A T31 DECEMBER 2021
2021
Notes
2020
Fixed assets
Property, plant and equipment
Current assets
Inventories
Trade and other receivables
Cash at bank and in hand
11
220,923
232,172
12
13
42,646
25,330
338,265
43,300
15,045
341,457
406,241
(48,765)
Current liabilities
399,802
(32,940)
14
Net current assets
357,476
366,862
Total assets less current liabilities
578,399
599,034
Income funds
Restricted funds
Unrestricted funds
16
30,782
547,617
308,359
290,675
578,399
599,034
The financial statements were approved by the board of trustees who authorise their issue on
are signed on their behalf by.
Reverend
Trustee
Benson
## **CHRIST FOR ALL NATIONS (UK)**
## **STATEMENT OF CASH FLOWS**
## _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
|**Notes**
**Cash flows from operating activities**
Cash generated from/(absorbed by)
operations
**20**
**Investing activities**
Purchase of property, plant and equipment
**Net cash used in investing activities**
**Net decrease in cash and cash equivalents**
Cash and cash equivalents at beginning of year
**Cash and cash equivalents at end of year**|**2021**
**£**
(3,413)|**£**
221
(3,413)
(3,192)
341,457
338,265|**2020**
**£**
(955)|**£**
(8,409)
(955)
(9,364)
350,821
341,457|
|---|---|---|---|---|
- 10 -
**CHRIST FOR ALL NATIONS (UK)**
## **STATEMENT OF CASH FLOWS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **1 Critical accounting estimates and judgements**
In the application of the trust’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **2 Accounting policies**
## **Charity information**
Christ for All Nations (UK) is a charitable trust.
## **2.1 Accounting convention**
The financial statements have been prepared in accordance with the trust's governing document, the Charities Act 2011, Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (as updated through Update Bulletin 1 published on 2 February 2016), Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland, and UK Generally Accepted Accounting Practice. The trust is a Public Benefit Entity as defined by FRS 102.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling , which is the functional currency of the trust. Monetary a mounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **2.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the trust has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **2.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **2.4 Incoming resources**
Income is recognised when the trust is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the trust has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
- 11 -
## **CHRIST FOR ALL NATIONS (UK)**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **2 Accounting policies**
**(Continued)**
Legacies are recognised on receipt or otherwise if the trust has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
## **2.5 Resources expended**
Basic financial liabilities, including trade and other payables are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Any apportionments of costs are based on an appropriate split of each cost on an item by item basis as approved by the UK Director.
## **2.6 Property, plant and equipment**
Property, plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings 2% reducing balance Technical equipment 25% reducing balance Computers & office equipment 10% to 100% reducing balance Fixtures, fittings & equipment 10% reducing balance Motor vehicles 25% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.
Sound systems and equipment for handling and moving such systems, which are intended for use at campaign events in Africa, are not capitalised but treated as a campaign expense in the year of purchase.
## **2.7 Impairment of non-current assets**
At each reporting end date, the trust reviews the carrying amounts of its tangible a ssets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss if any.
## **2.8 Inventories**
Inventories are stated at the lower of cost and estimated selling price less costs to complete and sell . Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.
- 12 -
## **CHRIST FOR ALL NATIONS (UK)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **2 Accounting policies**
## **(Continued)**
## **2.9 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the trust is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **2.10 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
## **3 Donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2021**
**2021**
**£**
**£**
Donations and gifts
1,338,508
94,539
Legacies receivable
37,520
-
1,376,028
94,539|**Total**Unrestricted
funds
**2021**
2020
**£**
£
1,433,047
1,024,565
37,520
102,088
1,470,567
1,126,653|Restricted
funds
2020
£
140,293
-
140,293|Total
2020
£
1,164,858
102,088
1,266,946|
|---|---|---|---|
## **4 Charitable activities**
||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds 2021**|**funds 2020**|
||**£**|**£**|
|Event sponsorship and ticket sales|4,298|12,188|
|**Other trading activities**|||
||**Unrestricted**|Unrestricted|
||**funds**|funds|
||**2021**|2020|
||**£**|£|
|Non-charitable trading activities|18,849|16,677|
## **5 Other trading activities**
- 13 -
## **CHRIST FOR ALL NATIONS (UK)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **6 Raising funds**
|Fundraising and publicity
Staging fundraising events
Staff costs
Fundraising and publicity
Trading costs
Other trading activities
**Charitable activities**
Staff costs
Depreciation and impairment
The advancement of the Christian Faith
Share of support costs
Share of governance costs
**Analysis by fund**
Unrestricted funds
Restricted funds
**For the year ended 31 December 2020**
Unrestricted funds|**Unrestricted**Unrestricted
**funds**
funds
**2021**
2020
**£**
£
132,682
122,577
272,530
251,096
405,212
373,673
14,621
17,327
419,833
391,000
**2021**
**2020**
**£**
**£**
345,212
333,191
14,662
16,868
734,643
548,825
1,094,517
898,884
210,676
264,249
76,998
72,093
806,843
562,542
712,304
94,539
806,843
562,542
562,542|
|---|---|
## **7 Charitable activities**
- 14 -
## **CHRIST FOR ALL NATIONS (UK)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
|**8**
**Support costs**
**Support**
**costs**
**Governance**
**costs**
**£**
**£**
Staff costs
86,671
70,114
Depreciation
14,662
-
Travel and
accommodation costs
404
Su ndry other costs
109,343
-
Audit fees
-
6,480
210,676
76,998
Analysed between
Charitable activities
210,676
76,998|**2021**
**£**
156,785
14,662
404
109,343
6,480
287,674|**2020 Basis of allocation**
**£**
150,889
16,868
1,580
160,645
6,360 Governance
336,342
336,342|
|---|---|---|
## **9 Trustees**
None of the trustees (or any persons connected with them) received any remuneration during the year, and none were reimbursed expenses (2020- £Nil ).
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## **CHRIST FOR ALL NATIONS (UK)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **10 Employees**
The average monthly number of employees during the year was:
|UK Director
Other personnel
Total
**Employment costs**
Wages and salaries
Social security costs
Other pension costs
The number of employees whose annual remuneration was £60,000 or more
were:
£60,000 - £70,000
£70,000 - £80,000|**2021**
**Number**
1
16
17
**2021**
**£**
525,578
50,890
41,274
617,742
**2021**
**Number**
-
2|**2020**
**Number**
1
16
17
**2020**
**£**
489,116
45,455
49,716
584,287
**2020**
**Number**
1
1|
|---|---|---|
Contributions totalling £ 11,177 (2020: £12,504) were made to defined contribution pension schemes on behalf of employees whose emoluments exceed £60,000.
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## **CHRIST FOR ALL NATIONS (UK)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **11 Property, plant and equipment**
|**Cost**
At 1 January 2021
Additions
At 31 December 2021
**Depreciation**
At 1 January 2021
Depreciation charged in the year
At 31 December 2021
**Carrying amount**
At 31 December 2021
At 31 December 2020|**Land and**
**buildings**
**Technical**
**equipment**
**Computers &**
**office**
**equipment**
**Fixtures,**
**fittings &**
**equipment**
**Motor vehicles**
**£**
**£**
**£**
**£**
**£**
263,398
225,901
341,462
108,211
53,418
-
-
3,413
-
-
263,398
225,901
344,875
108,211
53,418
83,687
199,875
341,462
86,986
48,208
3,594
6,506
1,137
2,122
1,303
87,281
206,381
342,599
89,108
49,511
176,117
19,520
2,276
19,103
3,907
179,711
26,026
-
21,225
5,210|**Total**
**£**
992,390
3,413
995,803
760,218
14,662
774,880
220,923
232,172|
|---|---|---|
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## **CHRIST FOR ALL NATIONS (UK)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
|**12**
**Inventories**
Finished goods and goods for resale
**13**
**Trade and other receivables**
**Amounts falling due within one year:**
Prepayments and accrued income
**14**
**Current liabilities**
Other taxation and social security
Trade payables
Other payables
Accruals and deferred income|**2021**
**£**
42,647
**2021**
**£**
25,330
**2021**
**£**
20,075
16,299
5,911
6,480
48,765|**2020**
**£**
43,300
**2020**
**£**
15,046
**2020**
**£**
21,033
1,284
4,143
6,480
32,940|
|---|---|---|
## **15 Retirement benefit schemes**
## **Defined contribution schemes**
The trust operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the trust in an independently administered fund.
The charge to profit and loss in respect of defined contribution schemes was £41,274 (2020 - £49,716).
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## **CHRIST FOR ALL NATIONS (UK)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **16 Restricted funds**
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
|||**Movement**|**in funds**||
|---|---|---|---|---|
||**Balance at 1**|**Incoming**|**Resources**|**Balance at 31**|
||**January**|**resources**|**expended**|**December**|
||**2021**|||**2021**|
||**£**|**£**|**£**|**£**|
|Audio/Visual Systems|36,238|-|(36,238)|
-|
|Campaigns|241,339|94,539|(335,878)|
-|
|Screens|30,782|-|-|30,782|
||308,359|94,539|(372,116)|
30,782|
Resources expended of £372,116 include £94,539 of campaign expenses incurred in the year and payable from restricted funds received in the year, and £277,577 of campaign expenses incurred in 2019 and 2020 that should have been paid from restricted funds received.
## **17 Analysis of net assets between funds**
|**Unrestricted**
**funds**
**Restricted**
**funds**
**£**
**£**
Fund balances at 31 December 2021 are represented by:
Property, plant and equipment
220,923
-
Current assets/(liabilities)
326,694
30,782
547,617
30,782|**Total**
**£**
220,923
357,476
578,399|
|---|---|
## **18 Related party transactions**
There were no disclosable related party transactions during the year (2020 - none). There are no amounts owed to/from related parties at the year end.
## **19 Analysis of changes in net funds**
The trust had no debt during the year.
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## **CHRIST FOR ALL NATIONS (UK)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
|**20**|**Cash generated from operations**|**2021**|**2020**|
|---|---|---|---|
|||**£**|**£**|
||(Deficit)/surplus for the year|(20,636)|5,927|
||Adjustments for:|||
||Depreciation and impairment of property, plant and equipment|14,662|16,868|
||Movements in working capital:|||
||Decrease/(increase) in inventories|655|(5,248)|
||(Increase)/decrease in trade and other receivables|(10,285)|14,172|
||Increase/(decrease) in trade and other payables|15,825|(40,128)|
||**Cash generated from/(absorbed by) operations**|221|(8,409)|
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