REGISTERED CHARITY NUMBER: 1039484
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023
FOR
BOOK AID
Berringers LLP
Lygon Hou
50 London Road
Brornley
Kent
BRI 3RA

BOOK AID
CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 Deeember 2023
Page
Reference and admfinistrative details
Report of the trnstees
2 to 4
Independent examlner's report
Statement of flnancial aetivitles
Balance sheet
Note5 to the flnancial Jtatements
8 to 13

BOOK AID
REFERENCE AND ADMINISTRATIVE DETAILS
ror the year ended 31 December 2023
TRUSTEES
A Quinney
R Bradshaw
Mrs S Bonwick
Dr P Bellingham
A Paddock
PRINCIPAL ADDRESS
BTomley House
Kangley Bridge Road
Sydenham
London
SE26 5AQ
REGISTERED CHARITY
NUMBER
1039484
INDEPENDENT EXAMINER
Berringers LLP
Lygon House
50 London Road
Brornley
Kent
BRI 3RA
Page I

BOOK AID
REPORT OF THE TRUSTEES
ror the year ended 31 Dttember 2023
The trustees present their report with the fllthncial statements of the cbarity for the year ended 31 December 2023. The
trustees have adopted the provisions of Accounting and Reporting by Charities: Ststement of Recomtnend¢d P￿tIre
applicable to charities prepariJ)g their accounts in accordance with the Financial Reporting Standard applicable in th¢
UK and Republic of treland (FRS 102) (effectiv¢ l January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
As stated in the Declaration of Trust, the objectives of the charity are the advancenent of th¢ Christian religion, the
advancement for the public benefit of religious or other education and the reli¢f of the agel poor, sick or disabled.
Book Aid's main work is to send second hand and some new book5 to overseas C1￿1311an Bookshops to help them keep a
Christian prcscnce in their countries and to allow the advancement of thc Christian faith by selling books at locally
affordablc prices. This helps to make b(Joks available more widely and io advance the Chrigtian religion. Contacts have
been established overseas by the Trustees over many years for the books to be sent out and distribut¢d to Christian
Bookshops in a number of countries. Currently the majority of partners are in Africa.
Book Aid also meets its aims and objectives by selling books in the UK through its bookshops and online using the same
pi'inciple that they are sold at locally affordable prices.
Significant actlvities
In 2023 th¢rc were four main centres operating throughout the United Kingdom: in London, Ranskill (Notts), Bamard
Castle and Northern Ireland. In these centres books arc buld in second-hand bookshops and on-line to aid general
expenses and shipping costs as well ag meeting the Charity's pU￿oseS in the UK. There are 3 warehouses - in London,
Ranskill (Notts) and Templepatrick, Nl. A network of local and regiona] volunteer collectors nationwide act5 as links
between donors and the Trust.
Public benefit
Tbe Trustees have had regard to the Charity Commission guidance on public benefit and consider that the objectives,
alms and achievements of th¢ charity described in the report enable it meet its duty to the Charity Commission as per
Sectton 17 of the Charities Act 201 l and to th¢ benefit of the public.
Volunteers
The work of the Charity would not be possible without the %upport of dedicated and committed volunteers. Volunteers in
the UK provide the backbone to the work by acting as collection points for donated books across the UK, or drivers who
bring books into Book Aid warehouses, or those who sort the books in-house and thosc who the Barnard Castle and
Northern Ireland bases entirely on a voluntary basis. Their contribution to the work is outstanding and invaluable.
Others commit to fmancially supporting the work of th¢ Trust and praying for it.
ACHIEVEMENT AND PERFORMANCE
Charltable activities
An ever-increasing iiumber of UK ChTiStian bookshops are Glosing down, and Book Aid has been grateful to continue to
receive some of thcir closing stock and b(K)kshelves to re-use for its programme. Book Aid is approached ￿gUlarlY to
assist in these situations. Another incruasing source of books continues to be the libraries of retiring or deceased
ministers. There is a ￿eat demand from the public for ways to recycle their Christian books and Bibles and the Charity
helps meets that demand from the public. Many donors are deeply gratefiEI at having found a way to recycle good
quality books that would otherwise have been thrown away. Every week tons of book donations are reGeived by the
Charity. As a result uf these donations in the UK the Charity is able to help needs acTOSS the world, and in the UK as
well, by providing good quality Christian books and Bibles at locally affordable pri¢e5.
During late 2022r2023 Book Aid was able to dispatch 4 shipping Containers thll of selected and suitable books to
partners in Kenya, India and Ghana. Bi>oks shipped out are in the fonn of direct grdnts or donations, plus free
shipment, worth £6,000 for the year. In addition to these large donations of books Book Aid has pioneered new ways of
engaging with partheT5 in Nigeria and Kenya. Theology books have been selected from Book Aid's Northern Ireland
b&se and shipped by the pallet in co-ordinatÉon with 2 other Charities.
The Trustees are grate￿1 to supporters and donors in the United Kingdom for Éheir continued identification with the
Trust, which helps fillfil the pU￿oseS of Book Aid Charitabl¢ TNst.
Page 2

BOOK AID
REPORT OF THE TRUSTEES
for the yegr ended 31 December 2023
FINANCIAL REVIEW
Finaneial position
The fmancial statements show a deficit of £62,589, The total net a&gets of the Trust now stand at £1,265,638 compared
to £1,328,277 in 2022. The total net assets are based on valuations as at 2016. During 2023 it became evident that the
income of the Iwst was decreasing significantly. Donations in the year had derreased from the previous year, the
withdrawal of all government covtD grants left a big hol¢ in the fmances and the increasing costs of energy and wages
was taking a big toll on the Chgritys cashflow. Whilst the Charity w35 not in doubt as to its ability to continue as a
going concern because of the capital position, the downturn in cashflow was serious and prompted an urgent focus on
the ChaTity's ability to stabilise fmalleially.
Reserves policy and loan
The Trust holds reserves as shown in the fmancial statements for the purpose of fulfilling the objectives of the Trust, and
tlie Trustees have discretion as to the value to be retained. The Trustees Iwf reviewed the reserves policy during 2022
and revised the amount of the rcscrves up to £50,000, considering that this a more appropriate level taking into account
the period of rapidly rising costs. During 2023 the Trnstees had Lo make serious decisions about the Charity's financial
position, and this included approving the use of the Charity's reserves to restructure the UK work. The reserves were
needed to start implementing the restructure.
FUTURE PLANS
In 2024 the sale of the Ranskill property did not proceed to completion and a new buyer was sOU￿t. A new buyer
wanted only the shop and not the warehouse, so a decision was made to split the property and retain the warehouse.
That sale coinpleted in the second half of the year with the approval of the Charity's Surveyor. The completion released
the necessary limds for Book Aid to restore the cashflow for the immLJiate future. The fwst half ot"2024 was focussed
on moving out of the Ranskill shop and transferring stock to Swindon while books continued to be donated from all over
the UK. This rcquired a lot of effort and energy from the staff team and oth¢r voluntsers who rallied to assist. The
containcr .8hipments were only able to resume in the second half of the year when staff were abl¢ to refocus efforts
towards shipments,
Requests for academic libraries increased in 2024 and a partnership with a mid-Asian county was developed with a
view to shipping 10,000 theological library standard books for a university campus. This project was sponsored by a
team of aciidemics and theological librarians in the UK and USA. With the expertise of one of Book Aid's tnistee5 this
work is being carried out ready for intended shipping in 2024.
Maintaining the Chai'ity's airns and objectives throughout the restrucluying process has been the focus of 2024. While
fimds decreased steadily and rapidly during the year the completion of the sale of the Ran5kill property wa$ successful.
There is ne¢d for much careful decision-making in the m<)nths ahead to avert a similar cashflow crisis.
Looking ahead the Charity will be making inajor efforts to recover the online sales. The Charity h&s much donated stock
of go¢)d quality that needs to be sorted and distributed to continue to fulfil its charitable purposes. The Charity continues
to have good established relationships with a number of overse&s partners and works to maintain those relationships.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing doeument
Th¢ Charity is Lontrolled by its governing documenL a deed of t￿st and constitutes an unincorporated charity.
Recruitment and appointment of new trustees
Continued consideration is given at Truste¢s Meetings to the appointment of new Trustees. The Trust seeks to appoint
new trustees who are knoNvn to the Charity and who understand and accept the vision of the founders. The latest trugtee
appointment was in 2022 to bring incr¢a5ed financial oversight to the Board.
Organisational structure
The trustees have legal responsibility for the Charity. They have appointed a Director, Mrs Clwistine Pulsford a fornier
solicitor to manage the Charity. The Trust currendy ernploys 13 members of staff (6.8 FTE). These include an
Operations Director, a Warehouse Manager and tealn in London, Online Sales t¢am, a Finance Manager and accounts
t¢am. and a PA to the Director. The work is supported by a large team of volunteers.
Key management remuneration
No member of staff received remuneratÈon in excess of £60,000.
Page 3

BOOK AID
REPORT OF THE TRUSTEES
for the year ended 31 Deeember 2023
REVIEW OF 2023
OVERSEAS WORK
The charity w&s able to ship 4 containers between the very end of 2022 and 2023. One of these was a rellewal of an old
parthership with a partner in tndia. A lot of difficulties have been ¢n¢ountered with this partn¢r who received the books
Suppli￿ but no funds have been transfe￿ed to Book Aid still from this shipment. Partners in Africa are stsuggling
fmaucially as well so it is very good news that approx. 400,000 books were able to be shipped during 2023. tn addition
to the container sbipmeiits a new arrangement has developed through Book Aid's Northern treland base enabling
shipment of pallets of specially sel¢cted books for academic Chrtstian bookshops in Nigeria and Kenya.
Thig
relationship continues to develop and is beneficial to the Northern freland part of Book Aid's operation. Books are
leaving for Africa directly from Nortlwll ￿eland now in smaller quantities than by the container load This porticularly
suits the Charity's operation in Northern Ireland. Many requests for book3 continue to be rrfeived although fimding for
this is very often a cballenge.
REFURBISHMENT OF THE BARNARD CASTLE BOOKSHOP
Serious refvrbishrnent of the Barnard Castl¢ Bookshop w&8 necess&ry at the begiDlling of the year due to the poor
condition of the building. Negotiations with the landlord resulted in the leaks being repaired and th¢ property being
upgraded And refurbished to a much better standard. A new kit¢hene(te and staff facilities were installe¢ and the
shelving I
flooring refreshed and renewed. This was a good opportunity to encourage and build up the volunte¢r t¢am
who sell books to raise funds for the ministy of Book Aid. The team has expanded during the yvdr which is ex¢¢llenL
STAFFtNG AND BOOKSALES
Book Aid continues to staff the Charity with a majority of part- time staff. The main member of Stsff involved in onlime
sales w&5 on Maternity leave during 2023 which involved reorganising the staffing in Rallskill and talang on new staff to
assist. The (kclin¢ in online sales througb the year was in part due to the loss of expertise and also due to Ihe use of an
electronic repricing tool which coincided with the ebange in staff roles. By the mi&point in the year it was clear that
footfall was decreasing in the bookshops in Ranskill and London and that thc online sat¢s were not recovering
sufficiently.
URCENT ACTEON AND RESTRUCTURF PLANS
Trustees contimued to monitor the downturn and the cashfiow through the fwst 6 nonths of th¢ ye￿. Advl¢e Nvas sought
from a number of other bodies/¢xpert$ about how to respond to the situation by using grants or ieleasing funds from the
Capit￿ in prop¢rty owned by the Charity. It was agreed that one of the Charitys properties would need to be sold alld
the work consolidated i￿ one warehouse to save overheads and slaifingy costs as well as rele&8ing essential cash to
ontinue the Charity's aijns. Notice of redundancy was given t() the staff at Ranskill and the shop was closed in Nov
2023. The propety was nwketed for sale and a sale was agreed, Work started to ¢mpty the premises, and the Clwity
was offered, free of charge, a barn near SwindoD to store the many pallets of books from the Ranskill Bookshop. Online
sales were n￿IntaI]led as best as the Charitv could with the remaining staff for as long &8 was possible.
App¢0V￿by orde¥of the boardof tswtt¢soD... ..... .. . . ...... ,. .
on its kbalfty.
Page 4

INDEPENJ)EiYf EXAMINLR'S REPORT TO ThE TRUSTEES OF
BOOK AID
Ind¢pendeMt 0x2w1ne￿5 report to the trustees of Book Ald
I report to the charity tru5Èe¢s on my examination of the accounts of Book Aid (the TNst) for the year ¢aded
31 Decerabcr 2023.
ResponsAbilitie5 and basis of report
As the cbarity trustees of the Trust you are reswrA8iblo for the PTeparatiOll of the aLxouDts ill accordanG¢ wftth the
requiremeDts oftbe Charities Act 2011 (tbe Ac￿.
I report In respect of my examinatAon of the Tn]st's accounts carriqd out Utmjer Section 145 of the Act and in canyiDg out
my ¢xamination I have followed all appli￿*1¢ DireGtiolls given by tkn Charity ConuDission under Section 145(5Xi)) of
theA
tnd¢pendent uamlneV$ statsment
Sitice your charity's ￿0￿9 incume exceeded £250.000 your examiner rnust b¢ a rnefflber of a listed body. I can eonfll
that l am qU￿]fied to llnd¢rtak¢ the examimatian b¢cau8e I am a m¢mber of the tnstit¢rf¢ of Cbartered Ac¢owthnts in
England aDd Walea, whioh is one of the listed bodies.
I have ￿MPleted my exwnination. I confmn that no Materi￿ conw to my attentlDn In cotméction wttb the
examinakn giving m¢ cause to believe that in any m&t¢rial rgspect:
aGGounting records woro not kept In respect of the as requred by Section130 of th¢ Act; or
the acCO￿ts do not aecord with those records. or
the accounts do not comply with the app]I￿bIe requirements concttning Ihe fomi and content of accouTts set out
in the Charities (Accounts and Reports) Rcgulations 2008 other than aty requir¢ment that the attouats glv¢ a
ljuq and fair vi¢w which is not a mattcr considercd as part of an IDdepthd¢nt examinatioll.
I have no concems and have Come acm.88 no olber mafl¢rs in ¢ornoction wlth the examination to which attsution should
b¢ drawn in thisIcport in order to ￿able a proper undorstandiog of the aKounts to be reach￿.
Paul Allan Bs(￿sC PCA
The Instituts of Chartered Accountants in England and Wales
B¢ningcrs LLI
Lygon Howc
50 London Road
Brom]ey
BKI 3RA
8 Odobor 2V24
Page 5

BOOK AID
STATEMENT OF FINANCIAL ACTivrrLES
for the year ended 31 Deeember 2023
2023
Total
funds
2022
Tota]
funds
Unrestricted
fimd
Restricted
funds
Notss
INCOME AND ENDOWMENTS FROM
Donations and legacies
37,727
26,655
64,382
56,760
Sale of books
Rent & lliterest received
170,112
4&174
170.112
48,174
188,823
46,996
Total
256,013
26,655
282,068
292,579
EXPENDITURE ON
Ch8ritable aetivities
Sale of books
Online sales costs
221,628
22,738
26,655
24&283
22,738
230,500
25,931
Other
74336
74,236
61,609
Total
318,602
26,655
345,257
318,040
NET INcOME1(EXPEND￿uRE)
(62J89)
(62,589)
(25,461)
RECONCILIATION OF FUNDS
Total funds brought forward
1,328,227
1,328227
1,353,688
TOTAL FUIYDS CARRIED FORWARD
1,265,638
1,265,638
1,328,227
The notes fonn part of these fmancial statements
Page 6

BOOK AID
BALANCE SHEET
31 Deeember 2023
2023
Total
fuDdJ
2022
Total
fimds
Unr¢stricted
fund
Restricted
fimds
Notes
FIXED ASSETS
TaDgible assets
io
1205,770
1205,770
1,205.762
CURRENT ASSETS
Debtors
Cash at bank and in hand
14329
5&900
14a29
55,900
14,577
125,648
70,229
70,229
140225
CREDITORS
Amoi]nts falling due within one year
12
{IOJ61)
(10,361)
{17,760)
NET CURRENT ASSETS
59,868
59,868
122.465
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,265,638
1363,638
1,328.227
NET ASSETS
1,265,638
126S,638
1,328,227
FULYDS
Unrestricted funds
13
1,265.638
1,328,227
TOTAL FUNDS .
1,26S638
1,328,227
Yhe th>%w'41 •pprov¢d ty the BothThl of TnTSte4y and wthorised ftsr iwu¢
..g.Q6Èf&xK.2044 and wer¢ $i8o¢d on behalf by..
R klthw. T¥u*t¢
The notes forni part of these financial ststements
Page 7

BOOK AID
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2023
ACCOUNTING POLICIES
Basis of preparing the financial statements
The fman¢ial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in
accordartce with the Charities SORP (FRS 102) 'Accountirtg and Reporting by Charities: Statement of
Recommended Practic¢ applicable to charities preparing their acwunts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),.
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Charities Act 2011. The fmancial statements have been prepared under the historical cost
convention, as modified by the revaluation of certain assets.
Ineome
All income is recognised in the Statemcnt of Financial Activities once thc charity has entitlement to the fi￿ds, it
is probable that the income will bc TLi¢iv¢d and the amount can be mcasur¢d r¢liably.
Expenditure
Liabilities are rccognised as expenditure as soon as there is a legal or constructive obligation committing the
charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is a¢counted for on an accruals basis and has
been classified under headings that aggregate all cost related to the category. Where costs cannot be directly
attributed to particular headings they have been allocated to activities on a basis consistent with the use of
resources.
Tangible fixed as5Cts
Depreciation is provided at the following annual rates in order to write off each asset over its estimated usefi
life.
Fixtures and fittings
Motor vehicles
OtTice equipment
200/0 on reducing balance
25 % on reducing balance
200/0 on reducing balance
The freehold properties have not been deprecated, as they are maintsined to a standard thaL in the opinion of the
trustees, precludes the need to provide depreciation. This departure from accounting standards is deemed
necessary for a true and fair representation of the properties in the fmancial statements.
Taxation
The ¢harity is exempt frorn tax on its charitable activities.
Fund accounting
Unrestrlcted funds can be used in accordance with the charitable objeclives at the disrtion of the trustees.
Restricted fimds can only be used for particular restricted purposes wiihtn the objects of the charity. Restrictions
arise when sp¢Gificd by the donor or when funds are rdised for particular restricted purposes.
Further explanation of the nat￿¢ and purpose of each fund is included in the notes to the fmancial statements.
Hire purchase and lea$ing eommitments
Rentals paid under operating leases are charged to the Statement of fmancial activities on a straight line basis
over the period of the lease.
Page 8
continued...

BOOK AID
NOTES TO THE FINANCIAL STATEMENTS - eontinued
for the year ended 31 Deeember 2023
SALE OF BOOKS
2023
2022
Book sales
170,112
188,823
RENT & INTEREST RECEIVED
2023
2022
Rents received
Deposit account interest
46,800
la74
46,800
196
48,174
46,996
CHARITABLE ACTIVITIES C()STS
Direct
Costs (see
note 5)
Sale of books
Online sales Costs
248,283
22,738
271,021
DIRECT COSTS OF CHARITABLE ACTIVITIES
2023
2022
Staff costs
Postage & srationery
Shipping costs
Aniazon & Paypal fe¢5
Donations
218,797
22,900
S,541
22,738
1,045
189,002
24,617
16,151
25,931
730
271,021
256,431
SUPPORT COSTS
General
support
Governance
costs
Totals
Other resources expended
70,986
3250
74236
Page 9
continued..

BOOK All)
NOTES TO THE FINANCIAL STATEMENTS- eontinued
for the year ended 31 December 2023
SUPPORT COSTS - continued
Support costg, included in the above, are as follows."
General support
2023
Other
sources
expended
2022
Total
activities
Rent
Rat¢s & watsr
Insurance
5,100
7,026
5,100
4,135
i li
Lighi & heat
Telephone
Motor & travel
Maiiitenance & repairs
Bank charges
Legal & professional fees
Office costs
Dep￿CiatIon of tangible and heritsge assets
Profit on disposal of tangible fixed assets
5,007
9J59
2,262
27.618
111023
325
1,200
6,287
1,443
(4,664)
5,347
5,230
2,294
17,763
4￿72
186
2,573
9,791
1,468
70,986
58,459
Governance eogty
2023
Other
resources
expended
2022
Total
activities
Independent examiner
3,250
3,150
OTHER
2023
2022
Support costs
74,236
61,609
TRUSTEES, REMUNERATIOIY AND BENEFITS
There were no tru5tees' remuneration or other benefit5 for th¢ year ended 31 December 2023 nor for the year
ended 31 December 2022.
Pagelo
¢onttnue&..

BOOK AID
NOTES TO THE FINANCIAL STATEMEIYTS - continued
for the year ended 31 December 2023
STAFF COSTS
The average monthly number of ernployees during the year was as follows:
2023
14
2022
15
Staff
No employees received emoluments in excess of £60,000.
The I￿st employs 14 part time staff which is equivalent to 7.4 full time employees.
TANGIBLE FIXED ASSETS
io.
Fixtures
and
fittings
Freehold
property
Motor
vehicles
Office
equipment
Totals
COST
At l January 2023
Additions
Disp05als
1,21MI,000
21,923
7,950
17,112
1,787
1246,985
1,787
(7,950)
(7,950)
At 31 December 2023
1,200,000
21,923
18,899
1,240,822
DLPRECJA TION
At l January 2023
Charge for year
Elirninated on disposal
20,079
369
7,614
13,530
1,074
41,223
1,443
(7,614)
(7,614)
At 31 December 2023
20,448
14,604
3SO52
NET BOOK VALUE
At 31 December 2023
1,21KI,000
1,475
4,295
1,205,770
At 31 December 2022
1200,000
1,844
336
3,582
1,205.762
The property at Ranskill wa$ revalued in February 2016 by PD White MRtCS of Brom & Co at a value of
00,000, and the property at Kangley Bridge Road was revalued in September 2016 by JA Byrne (Hons)
MRICS of Howell Brooks at a V4ilue of £1 million.
The original cost of the properties above is £859,546.
11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Other debtors
Prepayments
11,719
2,610
12,159
2,418
14,329
14,577
Pagell
eontinued...

BOOK AID
NOTES TO THE FINANCIAL STATEMENTS- eontinued
for the year ended 31 December 2023
12.
CREDrroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Taxation and social security
Other creditors
3,542
6,819
4,834
12,926
10,361
17,760
13.
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.12.23
At 1.1.23
Unrestrictsd funds
General fund
lJ28,227
(62,589)
1,265,638
TOTAL FUNDS
lJ28327
(62,589)
1265,638
Net movement in funds, included in the above are as follows:
Incomimg
resources
Resources
expend¢d
Movement
in fi￿dS
Unrestricted funds
General fund
256,013
(318,602)
(62,589)
Re¥tric¢ed fund$
Bibl¢$
Overseas distribution
5,755
20,900
(5,755)
(20,900)
26,655
(26,655)
TOTAL FUNDS
282,668
(345,257)
{62,589)
Comparatives for movement in funds
Net
movement
in fimds
At
31.12.22
At 1.1.22
Unrestrleted funds
General ￿lld
1,347,600
(19,373)
J,328,227
Restricted funds
Bibles
6,088
(6,088)
TOTAL FUNDS
1,353.688
(25,461)
1,328,227
Page 12
continued...

BOOK AID
NOTES TO THE FINANCIAL STATEMENTS- eontinued
for the year ellded 31 December 2023
13.
MOVEIKENT IN FUNDS- continued
Comparative net movement in fimds. included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in fijnds
Unrestricted tknnds
General fund
269,581
(288.954)
(19,373)
Re5trict¢d funds
Bibles
Overseas distribution
7.148
15,850
(13,236)
(15,850)
(6,088)
22,998
(29,086)
(6,088)
TOT AL FUIYDS
292,579
(318,040)
(25,461)
The Bibl¢ fund is where donations have been received specifically to purchase Bibles to send ov¢rseas. The
overseas distribution fund is where donations were re¢¢ived specifically towards the costs associated with the
overseas distribution. Both of these funds was ￿llY utilised in the year,
14. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2023.
Page 13