| Notes | Restricted | Unrestricted | Total | Total | |||
|---|---|---|---|---|---|---|---|
| Funds | Funds | 2023 | 2022 | ||||
| Income and endowments: | |||||||
| Donations and legacies |
725,000 | 725,000 | 656,250 | ||||
| Investment income |
1,841 | 1,841 | 263 | ||||
| Other income | 16 | 16 | 6 | ||||
| Total income and endowments | 726,857 | 726,857 | 656,5/9 | ||||
| Expenditure: | |||||||
| Raising funds | (5,060) | (5,060) | (9,881) | ||||
| Charitable activities |
(348,700) | (348,700) | (301,200) | ||||
| Total expenditure | (353,760) | (353,760) | (3/1,08/) | ||||
| Net realised gains/(losses) | on investments | (22,009) | (22,009) | (17,977) | |||
| Net income/(expenditure) | 351,088 | 351,088 | 327,461 | ||||
| Transfers between funds |
|||||||
| Other recognised gains/(losses) |
|||||||
| Net unrealised gains/(losses) |
on investments | (20,734) | (20,734) | (10,982) | |||
| Net movement in funds |
330,354 | 330,354 | 3/6,479 | ||||
| Reconciliation offunds: |
|||||||
| Totalfund balances brought | forward | 960,498 | 960,498 | 644,0/9 | |||
| Total fund balances carried | forward | 1,290,852 | 1,290,852 | 960,498 |
| Notes | Restricted | Unrestricted | Total | Total | |||
|---|---|---|---|---|---|---|---|
| Funds | Funds | 2023 | 2022 | ||||
| Fixed assets: | |||||||
| Investments | 540,400 | 540,400 | 586,362 | ||||
| Current assets: | |||||||
| Debtors | 145,000 | 145,000 | 131,250 | ||||
| Cash at bank | 606,652 | 606,652 | 244,086 | ||||
| 751,652 | 751,652 | 373,336 | |||||
| Liabilities: | |||||||
| Creditors falling due | within one year | (1,200) | (1,200) | (1,200) | |||
| Net current assets | 750,452 | 750,452 | 374,136 | ||||
| Total assets less current | liabilities | / Net assets | 1,290,852 | 1,290,852 | 960,498 | ||
| Total charity funds | 1,290,852 | 1,290,852 | 960,498 |
| Notes | 2023 | 2022 | |||||
|---|---|---|---|---|---|---|---|
| 6 | |||||||
| Cash flow from operating | activities | 362,566 | 312,026 | ||||
| Net cash flow from | operating | activities | 362,566 | 312,026 | |||
| Cash flow from investing | activities | ||||||
| Payments to acquire |
investments | (222,115) | (787,9/7) | ||||
| Receipts from sales of | investments | 225,334 | 172,596 | ||||
| Interest received | 4 | 60 | |||||
| Dividends received |
1,837 | 203 | |||||
| Investment management |
fees | (5,060) | (9,881) | ||||
| Net cash flow from | investing | activities | (624,939) | ||||
| Net increase/(decrease) | in | cash and cash equivalents | 362,566 | (312,913) | |||
| Cash and cash equivalents | at 1April | ZOZZ | 244,086 | 556,999 | |||
| Cash and cash equivalents | at 31March 2023 | 606,652 | 244,086 | ||||
| Cash and cash equivalents | consist | of: | |||||
| Cash at bank and in hand | 606,652 | 244,086 | |||||
| 606,652 | 244,086 |
| INCOME | AND END | OWMENTS | ||||
|---|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | Total | |||
| Funds | Funds | 2023 | 2022 | |||
| Donations | and legacies: | |||||
| Gifts and donations | (includes gift aid) | 725,000 | 725000 | 656,250 | ||
| 725 000 | 725000 | 656250 |
| Restricted | Unrestricted | Total | Total | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2023 | 2022 | |||||||
| Investment | income: | |||||||||
| Dividends | 1,837 | 1,837 | 203 | |||||||
| Bank interest | 4 | 4 | 60 | |||||||
| I 841 | I 841 | 263 | ||||||||
| All 'investment' | and 'other' income relate to unrestricted | funds for | both 2023 and | 2022. | ||||||
| EXPENDITURE | ||||||||||
| Restricted | Unrestricted | Total | Total | |||||||
| Funds | Funds | 2023 | 2022 | |||||||
| E | ||||||||||
| Raising funds: | ||||||||||
| Portfolio | investment | management | costs | 5,060 | 5,060 | 9,88t | ||||
| 5 060 | 5060 | 9881 | ||||||||
| All 'portfolio | investment | management | costs' relate to unrestricted | funds for 2022 | and 2023. | |||||
| Restricted | Unrestricted | Total | Total | |||||||
| Funds | Funds | 2023 | 2022 | |||||||
| Charitable | activities - cost of | grant | making: | |||||||
| Grants payable | (see note 4) | 347,500 | 347,500 | 300,000 | ||||||
| Governance | costs - examiner's | fees | 1,200 | 1,200 | 1,200 | |||||
| Total cost ofgrant making | 348,700 | 348,700 | 30J,200 |
| GRANTS PAYABLE | Number | 2023 | 2022 | |||
| Grants paid to institutions: | ||||||
| Tosupport ongoing work and speciJicproj ectst | ||||||
| Arab Vision | 10,000 | I0,000 | ||||
| Binscombe Church | 40,000 | i5,000 | ||||
| Brighton and Hove City Mission | 10,000 | i0,000 | ||||
| Christians in Sport |
10,000 | i0,000 | ||||
| Christian Solidarity Worldwide |
i0,000 | |||||
| Friends International | 10,000 | I0,000 | ||||
| Friends ofSt Ebbe's Trust | 10,000 | |||||
| Grace Church Greenwich | 30,000 | 20,000 | ||||
| Haggai Institute |
10,000 | 5,000 | ||||
| Holy Trinity Clapham | Church | 20,000 | ||||
| Home Leone | 5,000 | |||||
| Jews for Jesus | i0,000 | |||||
| Latin Link | 10,000 | I0,000 | ||||
| Lawyers' Christian Fellowship |
10,000 | i0,000 | ||||
| London City Mission | 20,000 | 20,000 | ||||
| London Institute for Contemporary | Christianity | 10,000 | i0,000 | |||
| Newquay Evangelical |
Church | 5,000 | ||||
| OICCU | 5,000 | |||||
| OMF International | 10,000 | i0,000 | ||||
| Proclamation Zambia |
5,000 | |||||
| Samaritan's Purse |
25,000 | |||||
| SAT-7 UK Trust | 5,000 | |||||
| Scripture Union |
10,000 | |||||
| Spurgeon's College |
7,000 | |||||
| Tear Fund | 15,000 | i0,000 | ||||
| Titus Trust | 15,000 | I0,000 | ||||
| The Ditch Foundation | 15,000 | i0,000 | ||||
| The Bible Network | 10,000 | i0,000 | ||||
| UCCF | 10,000 | i0,000 | ||||
| Warbleton Parish Church Council |
20,000 | 20,000 | ||||
| Wycliffe Bible Transistors | 15,000 | 20,000 | ||||
| Total grants payable | to institutions | 327,000 | 300,000 | |||
| Grants payable to 'two' | individuals | (2022:0) | 20,500 | |||
| Total grants payable | 347,500 | 300,000 | ||||
| As at March 2023 there were no grant | commitments | (2022:nil). |
| 5. | FIXEDASSETSINVE | STMENTS | Unrestricted | Income | |
|---|---|---|---|---|---|
| Cost | Market | ||||
| Value | |||||
| At / April 2022 | 397,344 | 586,362 | |||
| Additions | 222,115 | 222,115 | |||
| Disposals at cost/market | value | (252,952) | (247,343) | ||
| Unrealised gains/(losses) |
on revaluation | (20,734) | |||
| At 31March 2023 | 566,507 | 540,400 | |||
| Total portfolio spilt - market value: | Cost | Market | |||
| Value | |||||
| Cash | 4,946 | 4,946 | |||
| Listed investments | 561,561 | 535,454 | |||
| 566,507 | 540,400 | ||||
| 6. | CURRENT ASSETS | 2023 | 2022 | ||
| Other debtors (gift aid) | 145,000 | /3/, 250 | |||
| 145,000 | /3/, 250 | ||||
| All 'other debtors' relate | to unrestricted | funds both in 2023 and 2022. | |||
| All 'cash at bank' relate | to unrestricted | funds both in 2023 and 2022. | |||
| 7. | CREDITORS | 2023 | 2022 | ||
| Accruals | 1,200 | /,200 | |||
| 1,200 | /,200 |
| UNRESTRICTED | FUNDS | 01/04/2022 | Income | Expenditure | Gains / | 31/03/2023 |
|---|---|---|---|---|---|---|
| (losses) | ||||||
| General Fund | 960,498 | 726 857 | (353,760) | (42,743) | 1,290,852 | |
| Total Unrestricted | Funds | 960,498 | 726 857 | (353,760) | (42,743) | I 290852 |
| 01/04/2021 | Income | Expenditure | Gains/ | 3//03/2022 | ||
| (/osses) | ||||||
| General Fund | 644,019 | 656,519 | (311,081) | (28,959) | 960,498 | |
| Total Unrestricted | Funds | 644,0/9 | 656,519 | 311,081) | (28,959) | 960498 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| 8 | E | ||||
| Net income/(expenditure) | for | the year | 351,088 | 327,461 | |
| Dividends received |
(1,837) | (203) | |||
| Interest received | (4) | (60) | |||
| Investment management |
fees | 5,060 | 9,881 | ||
| Gains/(losses) on sale of |
investments | 22,009 | 17,977 | ||
| (increase)/decrease | in debtors | (13,750) | (43,750) | ||
| Increase/(decrease) | in creditors | 720 | |||
| Net cash flow from | operating | activities | 362,566 | 312,026 |