Company registration number. 2674042 Charity registration number. 1013276 Rudolf Steiner Press {A company limited by guarnntee) Annual Pwrt and FiMKial Swements for the Year Ended 31 December 2023 Manningtons Chartered Accountants 39 High Street Batile Fast Sussex TN33 OEE
Rudolf Steiner Press Contents TnLStees' Report I to3 Staternent ofResponsibilities Independent Examinevs Report Statement ofFinancial Activities 6t07 Balance Sheet 8109 Notes to the finan¢ial Ststemenls IOto21
Rudolf Steiner Press Trustees, Report The trusteL'S, who ure direclors lor IhL purp05cs of compuny law, prcsenl thL unnual repon together with Ihe financial statLmenis of¢he ¢haritablL' Lompllny lor ihL yror LrtdLxI 31 December 2023. Trustees and offieers The trUceS and oificers serving during the yeur and since ihL J"¢ar end iiEre as lolloii's: Trusiees: Anne Damerell Angus Jenkinson Mur¥arL?i Jonas Andrcii, Scoti Simon Blaxland de LangL Secreiary: Scvuk Gulbekian Referen¢e and Admlntstratlve Detalls Charity R¢8isirolion Number: Compan), R¥gistrnlion Number: 1013276 2674042 'Ih¢ ¢haril)' is incorporated in Lngland and WalL5. Regisiered OllicL: l-lillsidL House 'rhe Square rurLSI Roil, l..asl Susse R11185ES Independent I'.xaminer: Manningions ChartLrcd Accounlonts 39 I-ligh Str¢LI Ilatile r.&sl Susscx TN33 OEE Bankers: Saniander BBAM Bridl¥ Road Ilooile MLrsLyside GIR OAA Structiirey govern4n¢e find management Nalure ofgovernlng documenl Rudoll. SILinLr Press is a company limiiLd bj" gullraniLe and gov¥rned by ils memorandum and articles of Ssocialion. It is rc8iStered a5 a charily iviih the Chariiy Cnmmission.
Rudolf Steiner Press Trustees, Report Reer#llmen¢ and appolnlmenl ollrM5¢ee$ Truslees are appointed by the truSeS and serve for ihr¢'e years. being th¢n cligible for reappointment. A guardian trust¢¢ is nominated by Ihe coun¢il of ihe Anihroposophical Societ), in Great Briiain (ASinGB) in agreement ii'iih the Irustees. Induclion and lrnlnlng oflruslees Trnsiees are selected for their knowledge of Rudolf Sieiner's works and their commiiment to book5 and publishing. They are educated as to Ihe practical ivork of ihe company and their responsibilitie5 as truslees ofihe charity through prIVe briefings and group meetings. I'hey are conversant ivith the Memorandum and Articles of Association and receive regular accounts. financial reports and altend meelings for full updales on slrate8ic editorial and busine55 developmenls. Organisarlondl structure The charity employs Sevak Gulbekian as manager, editor and publisher. Lee Hannam is the part-time (self-employed) administrator. The Board of Trustees meeis iwice a year 10 discuss progress. Relatlonshlps wlth related partles Temple Lodge Publishing Limited Rudolf Steiner Press is ¢onnecied io Temple Lodge Publishing Limited by lh¢ facl ihat the companies share a common manager, office and a trusiee (Margaret Jona5}. They also have similar objectives. Major rlsks and managemetti ofthose rlsks Risk managemeni slralegv The trusiccs have a risk managcmcnl straiegy which comprises an ongoing reviei%' of the risks the chariiy may face. the esiablishment of sysiems and procedures to mitigale ihe identified risks. and the implemenlalion of pro¢edures designed ¢0 minimise any poniial impact on the charity should those risks malcrialise. Objeetlves and activities Objects qnd aln The objects of ihe charity are io publish works eonnccied dir¢ctly w'iih ihL conlcnt of anthroposophy and arising therefrom. lo rnake such work5 available to the gencral public Ihrough as many channels as practicable. io Main1n as comprehensive a cataloguc of Rudolf Steiner's works as possible. lo promote the w'ork of anthroposophical authors and to make available specilllist liierature required by groups and inilialives in order lo facilitate their work. Public benefll Rudolf steiner Press provides public benefii by fulfilling the objecis of ihc charity defined as: 'The m¢nlal, moral and 5pirilual improvement of (he human race by means of Ihc production ond dislribution of books and other publi¢alions relaling to anthmposophy and 5piriiual science as expounded by ihe late Rudolf steiner and in particular of ihe work5 of Rudolf stLiner himself.. The purpose of our books is lo help give readers meaning and purpose in Iheir life and to add to their spiritual well-bcin The iruslees conlinn that they have complied with the requirements of section 17 of the Charilics A¢1 2011 to have due gard to Ihe public benefit guidance published by th¢ Charity Commission for England and Wales. Pagc 2
Rudolf Sleiner Press Trustees, Report Aehievements 2nd perforniAnce In pursuance ofthe above objecis, in 2023 th¢ company published 14 neil. prinied books, editions and reprints {iYith ci)ooks in addition) by Rudolf Sieiner and oihLr anthroposophiLal authors. The compan>, also dislributed 13 neil, titles from Sieinerllooks, USA. Work conlinucil io dL'velop thL charity"s links ¢0 the meilia and book Irade. Finaneial revlew A lolal of 28,356 books ii'ere sold. of ii,hi¢h 4.322 11'ere ebooks. Ebook and print SdlLS Iv¥fL' marginally from 2022 and ovLrall 5alLS inLomL doii'n by 4Yo. l-lowevcr, no new titles iyere publi5h¢d in Aulumn 2023 lin order 10 lacilitale ihe manager s IrJvc15 to Vi5il Llienis and collLagues around ihc ivorldl, and the company's YouTube ehannel (Rudolf Sieiner Press Audio) and other streaming of audio conient (via Spotily) remained buoyant. Sales income. ¢oupl¢d ii'ith grants and sponsorship rais¢d, ensures that Ihe charil}' remains in a good financial position and Ivith health) rcscrves. Pollcy on reserves 'I'he Iruslees resL'rves policy rL'quirL'S a minimum ofsii months running cosis to be retained at any one time. Ai the year end daiL IK'L. fL'SCIVLS amounied 10 £289,334 (2022 - £292.936) ii,hich ihe Iruslees consider to be satisfactory. Plans for futurn perlods Alms and kej? objeclive5forfuiureperlods Building on ihe charity s consisteni groiith over Ihe past yettr& Rudoll" SILiner Pre55 SLKS lo develop salLS and lo scek neiv marklts ivorldwidL in order help disseminatc thL ideas in our books. We plan io continue irnnslaiing and publishing prcviou51y-unlrdn8laled Ivorks by Rudolf stLinLr l in the Collecled Works of Eiudolf Sieincr series) and rc-editing and updaiing exisiing volumes, creating neil, anihologies of his lirkS ihat ar¢ accessible 10 the genernl r¢ad¢r, making available neil research b}, coniemporary ii'riiers, and publishing introductory ii'orks Ihai explatn Sieiner's philosophs, and leaching to the public.
Rudolf Sleiner Press Statement of Responsibilities The ICeS (Ivho are also ihe direciors of ROIrstL1nCr Pres5 for the purposes of¢ompan}' laii.) are responsiblL for prcparing Ihe trus. report and the financtal SthiLmenLS in accorilanLL i%'ith applicable laii. and United Kingdom Accounling Standards (Uniled Kingdom Generall). Accewed Accounting PrdcliceL including FRS 102 "Th¢ Financial RertIng Siandard applicable in the UK and Rewblic ofircland". Company la, requires the irustCL% lo prcparc linancial atements for L¥¢h financial year. Under company luiv Ihc Iruslees musl nol approve ¢he financial sotemcnL8 they are satisfied that they give a true Imd fair vieiv ofihe sthte of afTairs of the charitable company and of thc incoming resources and application of resources, including its income and e¥pendIlU of lh¢ charithle ¢ompany for wiod. In preparing these financial stalemenls, Ihe iruslees are required io- seleci suitable accounting FK)licics and appl), Ih¢m consistenil),: observe the mhOdS aThJ principles in the Charities SORP: rnake judgements and Ihat arc rcasonable and prudenL slat¢ i*heiher applicable a¢Lounling 5thnd mprising FRS 102 have been folloived. subject lo any rnat¢rial departures di105ed and explained in the finala7 SthiernenL> and prepare ihe finaKial statements on the going concern ba515 unless li is inappropriate io presume ihal ihe haritablc companv ii'ill LX)nlinue in busine5S. The trustees are responsible far keeping wopcr accounting records thai can disLlose ii'ith reasonable accurdcy at ony time lh¢ linancial position of th¢ charitable company and enable them io cnsure thai the linan¢ial semCnts comply Yith the Companies Aci 2006. ThL)' arc also rLsponsible for safeguarding ik. asseis of ihe charitable company and hcnce for wk'ing reasonablc sliVS for the prevcniion and dtheaion orrrnud and other iTrcgulariiic Approv by the IrUeeS of Ihe Lhariiy on ...... .... and si8d on its behaifby: Angus Jcnkinson Trusice Page 4
Rudolf Steiner Press Independent Examlner's Report to the trnstees of Rudolf Sleiner PreM ('the Company,) I rewrt to ihc charity InteeS on my Lxaminaiion of thL' accounls of the ComtKmy for the year ended 31 1)ecember 2023. Responslbllitles and bgsts of report As th¢ chariiy"$ Irustccs of IIK. Complln) (and also its dirLxlors for the purpos¢s of company laii) you are responsible for th¢ preparalion ofthL acLounts in accordance ii'ith ihc rcquirL'mLnis ofihe Companies Ad 20061"Ih¢ 2006 Act'l. Having satisfied myself ihal the accounls of the Company are nol required lo IK. audiied under Part 16 01. Ihe 2006 Aa and ar¢ eligible for independent ¥xaminaiion. I report in rL'spect orm} examination of vour charity's COUntS as ¢arri¢d oul under seciion 145 of Charilies Ath 2011 ('Ihe ?0 I l Acl"). In ¢arr)'inB out m), examinlOn I have folloived the Directions given b), th¢ Chorii), Commission unts section 14515Xbl of the 2011 Ath. Independent ¢xgmlDer's slalement I have completed my examination. l ¢onfim? ihai no muiiers have come 10 my al(LtiOn in cOnnli0n with the ex&min81ion giving me cause believe: l. ac¢ounltn8 rordS M'ere kco in respeci of Rudoll. Sieincr Press as required by seclion 386 01. I. 2006 Acl. the accounts do not accord ii'ith Ihose OrdS. or 3. lh¢ accounts do nol comply iviih Ihe a¢countinB requiK'menis of liOn 396 of thc 2006 Aci oih¥'r Ihan any requirL'mcn¢ thai the accounts givc a 'lrue and fair vi¢iV which is nol a Mler considcrL us port of an independcnl examinatirin: or 4. thL IICLounls have rtoi bL'¥n prLyarL'd in aLxordancL iviih Ihc mL%huds und principles of ihe Siaiement of ReLomm¢nded Practice for ucLvuniin8 and reportin8 by charities ltsppliLablL' lo Charities prLporing Iheir accounls in accordance i4.iih thc l.inwicial Reporting Sthndard appli¢abl¥ in ihL' UK and Republic of Ireland (FRS 10211. I have no conccms and have comL rO$S no other moltcrs in connection ii'ith ihe Lxaminalion io ivhi¢h Qiienlion should be drnivn irt ihis report in ordcr lo enable a proper undcrstanding ol'¢hc a¢¢ounts lo be rtached. R T K Wulsh FCCA ChancrLxl ALrountanis ManninRlons 39 High Streei Baiilc Easi SussL'X rN33 OEC Daie:.... ISl.aG Pagu 5
Rudolf Steiner Press Statement of Financlal Activities for the Year Ended 31 December 2023 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestricted funds Restrl¢ted funds Total 2023 Note Income and Endowments from: Donaiions and legacies Charitsble activities Investmeni income 3,876 229,931 2,641 7,876 11,752 229,931 2,641 Tolal Sncome 236.448 7.876 244,324 Expendliure on: Charilable activitie5 (240,467) 15,000) (245,467) Total Fxpendilure (240,467) 15,000) (245,467) Net moi'anLni in funds {4.0191 2.876 {1.143) ReconeiliAtion of funds Tothl funds brought fonvard 220,496 ?7,465 247,961 Tothl funds carrted forw&rd 21 216,477 30,341 246.818 The notes on pages IU 10 21 lomi an irticgrnl part ofth¢%' linwiL'ial slalcmcnts. Page 6
Rudolf Steiner Pr Statement of Financial Activities for the Year Ended 31 December 2023 (Including Income and Expenditure Account and Statement of Total Recognised Gains and LoMes) Unrestricted funds Restricted fund5 Totsl 2022 Note Intome and Endowmtnts from: Donations and legacies Charitable aaivities Investment income 1.936 23&004 483 46.465 48,401 238,004 483 'rothl inwme 240.423 46.465 286,888 Expendlture on: Charitable aciivilies (195.583) {41,801) (237,384) Total expendilurL' Nei income (195.5831 141.801) (237,384) 49.504 Net movffliLnt in funds 49.504 ReeonciliAtion of funds Toial funds broughi foniard l otal funds carried forwar(I 175.656 198,457 21 220.496 27,465 247,961 All of the charity's activities derive from coniinuing 0rnI10n5 during thL' above Iiiy) PLriods. The funds break.doi¥n for 2022 and 2023 is 5hoiifft in note 21. The notes on pages 10 21 forn an inlegrdl part of ihLX linan¢ial staiemen Page 7
Rudolf Stelner Press (Registrntion number: 2674042) Balance Sheet as at 31 December 2023 2023 2022 Nole Flxed assets Tangible assLIs 13 1,248 1,665 Current assets Stocks Debtor5 C&sh at bank and in hand 14 15 16 113,252 57.557 177.41 86,398 76.798 200,499 348,220 363.695 Creditors: Amounts falling due wilhin on¢ year 17 {28,545) 43,294} Net curr¢nt assets 319,67) 320,401 Total asse¢$ less eurrent Ilabllltles 320.923 322,066 Credl¢ors: Amounts falling due after mor¢ than one year (74.IOil (74.105) 247.961 Net assets 246.818 Funds of the ¢harlty: Restrlctsd Income funds Restricted lunds 21 30.341 27.465 Unrestrl¢t¢d Income funds Unttstricied funds 216,477 220,496 Total funds 21 246,818 247.961 For the financial year ending 311)CL'LmbLr 2023 the charily entitled io ¢x¢mption from audit under 'tion 477 of Ihe Companies Aci 2006 relaiing Lo small companie5. Directors, responsibilities: The members have noi requircd ihe charily io obtsin an audil of its accounts for the year in queslion in accordance ivith section 476; and The dirciiors acknowlcdgL thcir rcsponsibilities for complying with thc rLNuirL'ments ol"Ihe Acl iviih re4)e¢t lo a¢¢ounting records and Ihe prLparalion ofaccounts. The noles on pagc$ 10 tc) 21 forni an iniegral part of Ihese financial siaiements. Page 8
Rudolf Steiner Press (Registration number: 2674042) Balance Sheet as at 31 December 2023 The financial statemLnts on pages 6 10 21 iverL' approved b>, the tNstees. and auihorised for issue on and signed on ih¢ir behalf by: Angus Jenkinson Truslee "rhe notes on pagcs l O to 21 forni an intLgral part ofihe5e finan¢ial staiemLnls.
Rudolf Steiner Press Notes to the Fillancial Statements for the Year Ended 31 December 2023 I Charlty status The chority is limited by guardnlLe, incorpornted in England and Wales, and consequenily does not have share apilal. Each of ihe irustees is liable lo contribute an amouni not exceeding £1 iowards the assets of the charity in the evenl of liquidaiion. The address ofits regi5trred 01¢. is: Hillside House The Square Fore51 Row Easl Sussex RH185ES 2 Accounting polltles Summary of $ignificint a¢eounilng pollcles and key 2tcountlng estlmates The principal accounting policies applied in the preparalion of these financial staiements are set out below. These policies have been consistenily applied all the yeats presented, unless oiheThYise stated. ststement of ¢ompllanee Th¢ financial statements have bcen prepared in accordance with Accounling and Reporting by Chariiies: Staternent of Recommended Prdctice (appliiablc lo charities preparing their accounts in accordance ivith Ihe Financial Reporting Standard applicable in Ihe UK and Republic of Ireland (FRS 102)) (issued in Ociober 20191 (Charities SORP (FRS 1021). th¢ Financial Rcporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Compani¢s Ad 2006. Ba$1$ of prepar4110 Rudolf Sieiner Pre55 Meets the definilion ora public b¢nelit enlily under FRS 102. Assets and liabilities are initially recognised ai historical cosl or Iransa¢tion value unless oihenvise stated in IhL' relevant COUn11n8 policy noies. Going eon¢ern The trusiees consider ihat th¢rc are no mateTial uncertainiies about the charily's ability to coniinue as a going ncern nor any significanl areas ofunceriainty thal affect Ihe caryin8 value ofassets held by the charily. Exemptlon from preparlng a eAsh flow statement The charily Opted lo adopl Bullelin I published on 2 Fcbruary 2016 and have ¢herelore nol included a cash flow slatemenl in these financial siatemeni& Intomt and endowments All income is recognised onLL IhL Lharity has entiilemenl to the income, il is probable that the income will be received and the arnouni of Ihc income receivable can be measured reliably. Page 10
Rudolf Steiner Press Notes to the Financial Siatements for the Year Ended 31 December 2023 Donailons and leg4cles DonlOnS orc rccognised when ihc charily has been nolified in iiTlting of iKJih the amouni and seltlemeTrl dgle. In the eveni Ihat a donalion is subjcct Io Londilions that requirL' a I¢v¥l ol. rroMIrtL. bi, IhL' Lharii}' beforc thL Lhurily is entitled to ihe lunds ihe incomL is dcferred and noi rognIsed unlil either ihosL' condilions arc fully MLI. or ihc ruifilmeni of those condiii¢Ms is ii,holl)' Iviihin ihe conlToI ofthe charily and li is proboble Ihai these ¢ondill(S ii'ill be fulfilled in ihe reporiing lOd. InvestnnI Income Invesiment incL)me Comprises ofbank inw'rL%t and is recognised on a receivable bos)& Chorliable acilvlile5 In¢om¢ from Chunble aciivilies include5 inc(ffie reco8nisLxI as ewned (os the rL'lai goods or smicl arc provided) undcr ronlrncl. Expendl¢ure All expLndilurL' 15 fL'cogni5eil once Ire is a legal or conslnjctive obligation lo ihai ¢xpendiiure, il is probable seltlemeni is required and thc amount can bc measured rL'liably. All ¢osis are alloc lo the applicable expenditure heading that a8grL'galc similar cosls 10 Ihat caiegory. Wherc costs cannoi be direcily attributed to particular headings Ihey havc bccn allo¢aicd on a b&sis consicni ii'ith Ihc usc of tr50urtts. i%ith ¢enirnl statr costs allocaled on lh¢ basis of limc spent, and depreCI1n charges allocaied on ihe ponion of the assel"s use. Oiher support costs are allocaied bascd on ihe spread OfarrloS Charliable acNvliles Charitable Lxpendilure comprises thosL' LOSIS incurred by the chority in the dclivLry ol. its aLlivili¢s and 5erYices for ils beneficiaries. It includes both c051s Ihoi can be allocaled directly 10 such aciiviiies and Ihose costs of an indirL'LI nature necessary 10 SUPP)rt ihem. CovernAnce eo$ts These inLludL thL COMS atlributablL' 10 ihL chariiy's complian iviih n511(Ul)0nal and slaiutory r¢quircmenls. including audit. Siralegic mana8emL7JI and irust¢es meelings and weimbursed exr¢nses. Taxatlon 'rhe chklriiy is considered lo pas5 Ihe ILls s oui in Paragrnph I Schedule 6 of ihc I. inance A¢1 2010 and Iherefore it meels ihc dLfinilion of a charilablc compllny for UK corporniion t&x purpose& Accordingly. thL' chariiy is tK)tLntially exernpt from Lixaiion in reSt of income or ¢apiial gains LiVed 14'ithin calcgorics covcred by Chapter 3 Pan I I of the Corpordtion Aa 2010 or SLYiion 256 of the 'f&xaiion of Chafgeablc Gains Ath 1992, 10 ihe cxleni thai such income or gains are applied exclusively io charithblc purp05CS. T8nglble fixed lsstts Individual fixed assels cosling £ I00.(M) or MOTC art initially rLi'ordcd ai co. Pdgell
Rudolf Steiner Press Notes to Ihe Flnanclal Statements for the Year Ended 31 December 2023 Amorthatlon Amortisation is providcd on intangitilL fixed ass¢ts so ILS to ivritL oll'thc cost, Icss any ¢slimaied residual value, over their expccicd usL'ful iionomic life folloivs: Asset ¢liss Websile Amortlsatlon method and rate slraighi line Depreclltlon and amortl$4tlon Depreciation is provided on ngibIC fixed as5els so as io ivrile on. the Losl or v#luation,1¢5s any ¢siimai¢d residual value, ovLr IhLif Lxpl-ctL uscful cYonomi¢ li f¢ as follows: Asset clAss Furnitur¢ and cquipmLni D¢preclAtlon meihod and rnte 25%-33% r¢ducin8 balan¢ Stoek Stock is valued a( ihe loiver of ¢051 gnd estimaied selling price ILSS cosis lo ¥omplctL and scll, all¢r duc rL'8ard lor obsolele and sloiy moi'ing siocks. Cost is deterniined using Ihe firs1.in, firsl-uul (FIFO). TrAde debtors I'rade dcbiors are amounis due from customers for M¢handl5. sold or servi¢LS perfornid in the ordinary course or business. I'rade debiors are recognised inilially ai the Iransailion price. 'fhey are subsLquLnily mL'usurL'd at cosl, Il'ss provision for impairnien(. A provision for IhL impairnienl of Irade debiors is LslablishLd ivhLn IhLfL is obj¢ctiV¥ Lvidence Ihul Ihe charily will nol b¢ ablc io coIIL¢l ull amounis duL aLcording lo Ihc original l¥mis ofthL rec¢ivablLS. Cash and eash equlvAlen¢s Cash and cash equivalenls compris¢' cash on hund and call deposiis, and othLf 5hort-iemi highly liquid investments Ihal are readily convertiblc lo a knoiyn amount ol'cosh and arc. subject 10 an insignificanl risk ol'change in value. Trade ¢redltors Tradc crL'ditors are ohligulions to pa), lor 8oods or scrvicL's Ihai have hL'Ln acquir¢d in ihe ordinar). coufsL ol" business from suppliers. Ac¢oun15 pu)'ablL arL Llussified as LurrL'ni liiibiliiiLs it. th¥ chariiy doL'S nol have an un¢ondiiional righi, al Ihe end ol. IhL reporting p¢riod. to deler SLiIILmLnl ol. IhL' ¥rLMliior lor ui l¢asl liyelve rnonihs after the reporting dale. Ir there is on uncondilional ri8hi 10 d¢ler seit1¢mLI lor ai ILJsi twelve months atier Ihe reportinB dale, they are prL'senled as non-currenl liabilities. Page 12
Rudoifsteiner Press
Notes to the Financial Statements for the Year Ended 31 December 2023
Forelgn ex¢hangt
Trdnsaclions in foreign currtn¢i¢s drL' rL'Lorded al ihL fdlL ol'exchange ai ihL" dale ofihe Irans£Il0n. Monetary assets
and liabililies dcnomin&Ld in l(Kcign currL'ncies at IhL balancc shLel date are reported at the rales of exchange
prevailing al ihai date.
The N'bults ofovcrsLas OPL'fsilions arc trnnslaled al ihe ffjlVLrage rates afexchange during the period and (heir balance
sheets al Ihe rates ruling ai IhL balance sheel dal¢. ExLhange diffL'fL'nc¢5 arising on translation of th¢ opening nei
assels and $IlS of overseas operalions are reported in oiher COMphn$11,L in¢omL ansj aLcumul&ed in equilv
(attribuled to non
Rudolf Steiner Press Notes to the Financial Statements for the Year Ended 31 December 2023 Recognltlon nKasuremeni All linunLial assL'lS and liabilit1L arL' initially measured al lrnnsaclion price (including lrnn$ai0n COS), except for Ihose fin&nLial assels classified as ai lair value through prolil ()r loss. ii'hi¢h are inilially measured ai fair valuL {ii,hi¢h is nornially ihe transa¢iion pricL' eicluding transaLlion costs), unless the orrangLmcni ¢onsiiiuies a linancing Iransaction. I I'an arran8cm¢nt ¢onsiitUlL% a linancing trnnsftLlion, IhL' financial assei or linancial liabilil). is mLasurL.d at ihe present vuluc ofihe future paymenis discounled ai a markei rale of interest for u similar debt inslrumcnt. Financial assLIs und liabiliiiLs arL l)nly 01l5¢'l in the siatLmenl uf linunLiul posilion ivh¥n, und only Ivhen ihLre exists a legally cnlorcLabl¢ righi lo sel oll"IhL fLognIs¢.d amounls and the Lharity intends Lilhlr lo setile on a nei basis. or lo realise Ihe assel and settle the liubilily simultaneously. Financial assets arc derecognis¢d i%,hen and only 14,hen al thL Lonlrnclual righis 10 IhL' ¢ash Iloivs Irom the linon¥iul assel expire or are seiiled. bl Ihe Lharit), irnnsfers 10 anothcr pari}, subst&nliull)' all ol. Ihe risks and reii'ords or oivnership of IhL' financial assel. or c) IhL charity, d¢spiie having retained some. bul not all. significant risks and rewards ol'oivnership, has iransferrL'd control of (he wel to anothcr party. Financial liabililies are derecognisL'd ()nly i¥h¢n Ihe obli&>Jiion sp¢cifiLd in thL LontruLI IS disL'harged. cuncelled or expires. 3 Income from donatlons and le84¢1¢5 Unres¢rleted fund5 Gen¢r41 Restrlcted fund$ Total 2023 Total 2022 Dona(ions and legacies; Donations 3,876 7,876 11.752 48,401 3,876 7.876 11,752 48,401 4 In¢om¢ from charl¢abl¢ Ietlvltles Unrestrlc¢td funds General Total 2023 Total 2022 Book publishin8 229.931 229.931 238,004 5 Investmeni Ineorne Unrestrlcted funds GenerAI Total 2023 Total 2022 Interesl receivable and similar incomc: Inierest r¢c¢ivablc on bank deposits 2,641 2.641 483 Page 14
Rudolf Steiner Press Notes lo the Flnanclal Statements for the Year Ended 31 December 2023 6 Expendlture on eharltable *etfvltles Unrestrlcted funds Cenernl Rostrlcied nd$ Total 2023 Total 2022 Note Book publishing Depreciaiion. amortisalion and other similar cosis Siaff Cosis Governance St$ 142.280 147.280 144,032 625 95.282 2,280 625 95.282 2.280 947 90.355 2,050 240,467 245.467 237.384 7 Analysls of governance and support eosts Governance tosts UnrerIc¢ed funds GenerAI Total 2023 Total 2022 Indepcndcnt cxaMir f¢¥ Examination ol'ihL linan¢ial siatemenLs Acwunlancy SCTvices 515 1,7(15 515 1.765 500 1.550 2.280 2.280 2,050 8 i¥et Incomlnyjoutgolng resources (oulgoingyincomin¥ rL'Soufcc5 for IIK y¢ar in¢ludL: 2023 2022 Loss on dispo1 ol. fIxL asscts hcld for thL Lharily's oivn use l)epreciaiion OrrlxL as5els Amortisation ofgoodivill Foreign currenc) (gainsvlosses 69 556 43 671 233 102 Pag¢ 15
Rudolf Steiner Press Notes to the Financlal Statements for the Year Ended 31 December 2023 9 Trustees remuneratlon and expenses No IruslcL's, nor uny pcrsons LonnLxILd ii'ith them, havL f¢L¢ivcd an} remuniration Irom ihe charit), during ihL year. No irnslecs have reccivcd any r¢'imbursed expenses or Jny othLr benLfiis from thL chorily during thL ycilr. 10 Staff costs The aggregale poyroll cosis ivere as folloivs: 2023 2022 St*ff costs durln@ ¢h¢ year were: Wagcs and salaries SociNI sccurily cosls Pension ¢osts 82,397 7216 5,669 77,090 7.596 5.669 95,282 90.355 The monthly aV¢rnKL' numbL'r ol. PLYions (including s¥nior management I l¥'adLrship team) emplo}'Ld by the charily during tk. y¥ur L'xprL'ssed as full limL L4uivalcnis was a5 lolloivs: 2023 No 2022 No Charilabl¢ a1vill¢S The nurnr ofemployees ii,hose emolument5 fell ii'ithin IhL' folloii'ing bands il'as: 2023 2022 £90,001 . £1.000 I l Taxa¢lon The chorily is a rc8isiered ¢harily ond is theref(Yc exempl Irom Corporation l LI. Page 16
Rudolf Steiner Press Notes to the Financial Statements for the Year Ended 31 December 2023 12 Intnglble fixed assets Webslte Total Cost A( l January 2023 1,400 1.400 Ai 31 December 2023 1,400 1,400 Amortlsatlon Ai l January 2Q23 1,400 Al 31 December 2023 1.400 Nel book vlu¢ Ai 31 December 2023 Ai 31 December 2022 13 Tanglble fixed •sgels Furniture and equlpm¢nt Tot41 Cost Ai l January 2023 Addiiions Disposals 8.651 8.651 209 209 1132) 132} 8,728 8,728 AI 31 DLccmb¢r 2023 Depr¢¢latlon At l January 2023 Char8c for thi y¢ar ElIminad on disposals 6,986 556 (62) 6.986 556 162) Ai 31 DeccmbLr 2023 7,480 7.480 Nel book vilut Ai 31 DecembLr 2023 1.248 1.248 Ai 31 December 2022 1,665 1,665 Page 17
Rudolf Stelner Press Notes to the Fillancial Statements for the Year Ended 31 December 2023 14 Stock 2023 2022 Siocks 113.252 86.398 IS Debtors 2023 2022 Trnde debtors 51,242 1.208 828 2214 2,065 71,163 Prepayments Accn*d income VAT rccoverdbl¢ Other debtors 715 1.821 2,114 57.557 76.798 16 Cash and cash ¢qufvalents 2023 2022 Cash on hand Cash at bank 15 200,484 177.409 177,411 200.499 17 Credltors: amounts falling due within one year 2023 2022 Trade crcdilors Other iaxalion and social security Other credilor5 Accrua15 4.734 1&604 6.058 1.149 20.345 16261 5265 ,423 28,545 43.294 Page 18
Rudolf Steiner Press Notes to the Financial Statements for the Year Ended 31 December 2023 18 Creditors: amollnts falllng due after one year 2023 2022 Other loans 74,105 74.105 Included in the crediiors are the folloiving amounts due allcr more than five years: 2023 2022 After more than five yew5 noi b), insidments 74.105 74,105 Other loans after frye years Creditors due after five }'ears comprises of a I(% of £74.105 from ihe Anihrop)sophical &Kieiy in Great Brilain, which is long lern. inieresi free and Unsecu and repayable only in the evenl ofthe company being ivound up. 19 Oblieatlons under leases and hire putthase eontrn¢ts Operating le¥st commitments Total future minimum lease payments under non-cancellable Opeing leaSL are as folloils: 2023 2022 Land And buildinES Within onc ycar Between one and five years 8.748 12.393 8.748 21.141 21.141 29.889 20 Pension and oiher 5chem¢s Defined eontrlbution pension seheme The ¢harity operaies a defined contribution pension schcmc. The pension Cosi chae for the yL4f Tepresen15 contributions payable by the charily 10 the s¢hem¢ and amounted 10 £5.669 (2022 - £5.669). Pagc 19
Rudolf Steiner Pr$ Notes lo the FiDancial Statements for the YeAr Ended 31 Deeember 2023 21 Funds Balance At 31 December 2023 Balanee at I January 2023 Incomlpg resources Resources exptndtd Unrestrlcted fund$ General Gener81 fund 220.496 236.448 (240.467) 216.477 Re5trlcted fund$ Anthrosophical soci¢ly . Switzerland R S Foundalion Anihrosophical socicly in GIJ Shipman 7.1176 7.876 13,965 8.500 13.965 8.51x1 (5.000) Total restrl¢t¢d funds 27.465 7.876 5.000) 30,341 Total fvnds 247.961 244,3?4 (245,467) 246,818 Balance at 31 December 2022 Balance at I January 2022 Ineomlng re50ur¢¢s Resources expend¢d Unrestrleted fund$ General General fund 175.656 240.423 {195,583) 220.496 Restricled R S Foundotion AnthrosophiLal SOLiL>ly in GB Hennc5 Mohel Artists Proj¥¥ls Shipman M&8i¢rs Dance 10.998 3,053 13.965 12,51Y) (10.998) {7,053) {7,OWI (5,O¢J)) (3,000} 13.965 8.500 (5.000) (3,750) 3.750 Total restrltted funds 22.801 46,465 41,801) 27.465 Total funds 198.457 286.888 (237.384) 247.961 Page 20
Rudolf Stelner Press Notes to the Financi21 Statements for the Year Ended 31 December 2023 The specific purposes for ivhich the funds A to b¢ applied arL' &s lollows: Restrictcd lunds arise from donaiions reLe1VL io fund th¥ publicaiion ol'¢¥¥rtain book%. 22 Analysls of Thel assets between funds Unrestrleted Total funds at 31 December 2023 General Re$trleted Tangible fixLTrd JssLsts Current Sets Curr¢'nl liabilities Cr¥'ditors over l year 1.248 317,879 (28.5451 {74,1051 1,248 348,220 (28,545) 74,105) 30,341 Total net assc 216,477 30,341 246,818 Unrestrlcted funds General Total tknnds at 31 December 2022 Restrlcted funds Tangible fixed asseis CurrL'nt as15 CurrL'nt liabililies Crl1(0r5 over l year 1.665 336,230 (43,294> (74,1051 1,665 363.695 (43,2941 (74,1051 27,465 Total nei assets 220,496 247.961 23 Related party transactlons During ihe year the ¢harily made the folloiving relaled purty IransaLiions: Tru$t¢es Servlces TrusiL'LS Margarei Jonus has rec¢ived £880 12022 - £740) for proofreading iiilLs and Simon Blaxland de Lan8¢ £4.58012022 £7,054) ror Ifdnslaling litles, boLh prL'publiLation ai rnies comparable iviih oihLr providers usLxl. Ai Ihe balance shccl date Ihe umouni due toifrom TrusteLS SL'rviccs ilias £Nil (2022 - £Nil). T¢mple Lodge Publhhln8 Llmlted Rudolf steincr PrL'55 Limited is connected lo 'fcmplc Lodge Publishing LimilLd by the laci that thc companies sharc a common manuger in SL'vak GulbLkian. onicc and assoLialed Losts (provided frL'L' ol. chargL lo TemplL Lod8L Publishing Limited) and irusiee {Margarel jon). The), also have similar objectives. Al Ihe balance shed date Ihe amouni due to Temple ldge Publishing LimitLd M'as £61512022 - £8741. R Far4m R Faram is the partner of Scvak GullK.kian {company s¢creiaryi and proi'id¢Yl proof reading sen'ices in the year £nil (2022 - £205 1 at the same agreed rdlLS as othLr proof r¢adLfs USLd. Ai the balunLL' 5hccl dale the amount du¢ tolfrom R farnm was £Nil {2022- £Nil). 21