REGISTERED CHARITY NUMBER: 1039484
REPORT OF THE TRUSTEES AND
UNAUDrrED FINANCIAL STATEMEWTS
FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
BOOK AID
Berringers LLP
Lygon House
50 London Road
Bromley
Kent
BRI 3BA

BOOK AID
COI¥TENfs QF THE FINANCIAL STATEMENTS
for the year ended 31 December 21J24
Page
Referenc¢ and administrative d¢tsil$
Report of the trnstees
2 to 5
Indepefjdent ¢xamlner'8 report
ststement of financlal activitlL4
Balance sheet
Notes to th¢ flnanclal ststsmtnts
9 to 15

BOOK AID
REFERENCE AND ADMtNISTRATIVE DETAILS
for the year ended 31 December 2024
TRUSTEES
A Quinney
R Bradshaw
Mrs S Bonwick
Dr P Bellingham
A Paddo¢k
PRINCIPAL ADDRESS
Bromley House
Kangley Bridge Ro&d
Sydenham
London
SE26 5AQ
REGISTERED CHARITY NUMBER 1039484
INDEPENDENT EXAMINER
Be￿ingerS LLP
Lygon House
50 London Road
Bromley
Kent
BRI 3BA
Page I

BOOK AID
REPORT OF THE TRUSTEES
for the year ended 31 December 2024
The trustees present their report with the flnancial staternents of the charity for the year ended 31 December 2024. The
truste&s have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities prewaring their accounts in ac¢ordance with the Financial Reporting Standard applicable in the UK
and Republio of Ireland (FRS 102) (effective l January 2019).
OWEcfivES AND ACTIVITIES
Objectives and Alms
As stated in the Declaration of Tru5L the objectives of the chv4rity are the advancement of the Christian religion, the
advanGement for the public benefit of religious or other education and the relief of the aged, poor, sick or disabled.
Book Aid's main work 15 to send second hand at]d some new books Éo overseas Christian Bookshops to help them keep a
Christian prescn¢e in their countries and to allow the advancement of the Christian faith by selling books at locally
affordable prices. This helps to make books available more widely and to advance the Christian religion. Contacts have
been est&blished overseas by the Trustees over many years for the books to be sent out and distributed to Christi¥n
Bookshops in a number of countries. cU￿entlY the majority of partsiers are in Afri¢a.
Book Aid also meets its aims and objectives by selling books in the UK through its books1￿pS and online using the same
prinGipl¢ that they are sold at locally affordable prices,
Slgnificant aclivities
At the stRrt of 2024 there were four main centres operating throughout the Unitrd Kingdom: in London, Ranskill (Notts),
Barnard Castle and Northern Ireland. The Ranskill centre was closed in 2024. In these centres books are sold i
srfond-hand bookthL)ps and on-line to aid general cxpense5 and shipping costs as wL.11 &8 meeting ihe Charity's pU￿oSe$ in
the UK. Ihere are 3 warehouses - in Londo￿ Ranskill (Notts) And Templ¢patricK NI. A network of locaL and regional
volunteer collectors nationwide acts as links betw¢en donors and the Trust.
Publlc benefit
The Trus*tss have had regard to the Charity Commission guidance on public knefit and Consider that the objectives. aims
and achievements of the charity described in the report enable it meet its duty to th¢ Charity Commission as per Section 17
of the Charities Act 2011 and to the benefit of the public.
Volunteers
The work of the Charity would not be possible without the support of dedicAt¢d and Committed voluntcers. Volunteers in the
UK provide the backbone to the work by acting as collection points for donated books ￿rOsS thc UK, or drivers who bring
book8 into Book Aid warehouse8. or those who sort the bonks in-house and those who run the Barnard Castle and Northern
Ireland bases entirely on a voluiitary basis. Their contribution to the work 15 Outstandimg and invaluable. Others commit to
financially supporting the work of the Trust and prayin8 for it.
Page 2

BOOK AID
REPORT OF THE TRUSTEES
for the year ended 31 December 2024
ACHIEVEMENT AND PERFORMANCE
Charitable 2ttiviÉies
An ever-increasing number of UK Christian bookshops are closing down, and Book Aid has been gr&tefvl to Continue to
receive some of their closing stock and bookshelves to re-use for its programme. Book Aid is approached regularly to asslst
in these situations. Another increasing source of books continues to be the librdri¢s of retiring or deceased ministers. There
is a great detnand 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 grateful at having found a way to recycle go(￿ qualty books that would
othe￿Ise have been thrown away. Every week ions of book donations are received by the Charity. As a result of these
donations in the UK the Charity is able to help needs across the world, and in the UK as well, by providing good qualty
Christian books and Bibles at loc￿lY affordable prices.
During 2024 Book Aid was able to dispatch 2 shipping containers fjjll of selected and 5uitsble books to partners in. Books
shipped out are in the form of direct grants or donations, plus free shipment. worth £5.000 for the year. In addition to these
large donations of books Book Aid has pioneered new ways of engaging with partners in Nigeria and Kenya. Theology
books have again been selected from Book Aid'8 Northem treland base and shipp¢d by the pall¢t in Cowordination with 2
other charities.
The Trustees are grateful to supporters and donors in the United Kingdom for their continued identification with the TrusL
which helps fijlfil the purposes of Book Aid Charitsble Trust.
FINANCIAL REVIEW
FinanciAI position
Th¢ financial .8latements show a 8urplu8 of £344,449 including Ilie revaluation of the properties. The total net assets of the
Trust TIOW stand at £1,610,087 comp¢ircd to £1,265,638 in 2023. Whilst the Charity was not in doubt as to its ability to
Continue as a going concern because of the Capital position. the downtum in cash flow was serious and 2024 continued an
ur8ent focus on the Charity's ability to stabilise financially,
Reserves policy
The Trust holds reserves as shown in the financial statements for the purpose of fulfilling the objectives of the TrusL and the
Trustees have discretion a$ to the value to be retained, During 2023 the Trustees had to make serious decisions about the
Chhrity's financial position, and this included approving the use of the Charity's reserves to restru¢ture the UK wort(. The
reserves were needgj to start implementing Phase l of the restructure which continued through to the middle of 2024. There
were no cash reserves at the point of the sale of the Ranskill shop which came just in lime,
Page 3

BOOK AID
REPORT OF THE TRUSTEES
for the year ended 31 December 2024
FINANCIAL REVIEW
REVIEW OF 2024
URGENT ACTION AND RESTRUCTURE
In early 2024 the remaining Ranskill redundancies were completed following stage l of the Restwcturing Programme
to reduce overheads. A buyer had been found for the Ranskill property in late 2023, but the sale of the Ranskill
propety did not proceed to completion and a new buyer was sOu￿t in February. The new buyer wanted only the shop
and not the warehouse, so a decision was made to split the propety and retain the warehouse. That sale completed in
the second half of the year with the approval of the Charity's Surveyor. The completion released the nece&8ary funds
for Book Aid to restore th¢ cash flow for the immediate ￿tUre and tt also had the ben¢fit of enabling the online stock
stored in the warehouse to remain active, albeit at a much reduced level.
The first half of 2024 was focussed OD moving out of the Ranskill shop and transfe￿il]g m{￿Y pallets of stock to
storage, offered freely to the Charity, in Swindon. Throughout this period books continued to bc dundted from all over
the UK and this created a large backlog of stock. Onlinc sales were maintained as best as the Charity could with the
remaininby staff for as long as was possible.
This iequired a lot of effort and energy from the small staff team and
other volunteers who rallied to assist, with many miles being covered and many boxes needing to be packed and
transported. The costs of moving were not insi&Fnificant. Work had to be ¢arried out in Ran5kill to separate the
property and these costy were higher than anticipated due to the rapidly increasfftng costs of labour and materials.
OVERSEAS WORK
The container shipments were only able to resume in th¢ second half of the year when staff were able to refocus efforts
towards Shipments. The charity was then able to ship 2 containers. Both containers w¢nt to Kenya to the
well-establishcd Partner who was able to work in ronjunction with the UK team. This was a very satisfactory end to
the year and over 40,000 selected books left the UK to fulfil the mission's purposes in spite of the challenges of the
FUTURE PLANS
By the end of 2024 it was necessary to start Restructuring Phase 2 to avert a similar cash flow crisis. More radical
¢hange was necessary to secure the future of the Charity fmancially and at the bcginning of 2025 the Thistees resolved
to seek a buyer for the London property to release a substantial amount of capital assets. The propety was sol
completing in August 2025, with the charity being able to remain in the propcrty until the end of Oct 2025. The
London bookshop was closed in April and virtually all the books (approx. 40,000) were packed and shipped lo 2
partners by the middle of September 2025. Another 3 containers were dispitchcd during 2025 which was a remarkable
achi¢vem¢nt amidst so much change.
Work continued in Ranskill to install facilities for staff in th¢ remaining warehouse, and the separation of utilities.
With the sale of the London Headquarters progressing more extensive warehouse accornmodation was sought in that
r¢gion. Currently plans to purchase one are under way n¢ar Ranskill - a propety that is bigger than the London
premises and more up-to-date.
Looking ahead the Charity will be making major efforts to recover the online sales, the updating of all IT equipment 18
needed in October 2025 and overhaul of the Charity's systern5 are part of Phase 3 of the restructuring plan.
The Ch￿lty Continues to have good establishcd relationships with a number of vverseas partner5 and works to maintain
those relationships. The L'harity will bc sccking to extend th¢s¢ partn¢rships in 2026.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing dfjcument
The charity is controlled by tts governing documenL a deed of trust and con8titutes an unincorporated charity.
Page 4

BOOK AID
REPORT OF THE TRUSTEES
for the year ended 31 December 21J24
STRUCTURE, GOVERNANCE AND MANAGEMENT
Recrnitment aDd appointmeDt of new trustees
Continued consideration is given at Trustee5 Meetings to the appointment of new Trustees. The Trust seeks to appoint new
trustees who are known to the Charity and who understand and a¢cept the vision of the founders. The latsst trustee
ppointhient was 2022 to bring increased financial oversight to the Board.
Organl$ational $trn¢ture
The trustees have legal responsibility for the Clwity. They have appointed a Director, Mrs Christine Pulsford a former
solicitor to manage the Charity. The TNst current]y employs 13 members of staff (7,1 FfE). These include an Operations
Director, a Warehouse Manager and team in London, Online Salw team, a Fijwice Manager and acwunts kn and a PA to
the Director. The work 15 SUPWrted by a large team of volunteers.
Key management remuneratlon
No mernb¢r of staff receiva rcmuneration in ¢x¢ess of £60,0(M).
It....l.9... 202g
Approved by order ofthe board of trustees on ... ... ..
. and SI￿}ed on its behalf by:
A QUiT￿eY - Trustee
Pag¢ 5

IIWEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
BOOK AID
Independent examiner s report to the trustees of Book Aid
I report to the charity trustees on my examination of the ￿￿oUnt$ of Book Aid (the Trust) for the year ended
31 December 2024.
Responsibllities and basRs of report
As the charity trnstees of the Trust you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 ('the Act?.
I report in respe￿ of Tny examination of the Trust's accounts carried out under Section 145 of the Act and in carying out my
examination I have followed all applicable Directions given by the Charity Commission under Section 145(5Xb) of the ACL
Independent examiner's statement
I have completed my examination. I confirni that no material matte[3 have come to my attention in conT]¢thion with the
¢xaminatiott giving me cause to believe that in any material respect,.
aecounting records Were not kept in resp¢¢t ofthe Trust as required by Section 130 of the Act, or
the accounts do not accord with those records. or
the accounts do not Coniply with the applicable requir¢ments conceming the form and content of accounts set out in
the Charitie5 (Accounts and R¢ports) Regulations 2008 other than any requirement that th¢ accounts giv¢ a true and
fair view which is not a matter considered as part of an independent examination.
I have no ¢oncems and have Come across no other matters in connection with the examination to which attention should be
drawn in this report in order to enable a propcr understanding of the accounts to be reaclied.
Paul Allan Bsocsc FCA
The Institute of Charter￿j Accountants in England and Wales
Berringet3 LLP
Lygon House
50 London Road
Bromley
Kent
BRI 3RA
Date..
Page 6

BOOK AfD
STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 December 2024
2024
Total
nds
2023
Totsl
funds
Unrestricted
nd
Restricted
fijnds
Notes
INCOME AIYD ENDOWMENTS FROM
Donations and lega¢ie5
3S138
33,612
68,750
64,382
Sale of books
Rent& interest received
117,732
47,588
117,732
47,588
170,112
48,174
Tot81
200,458
612
234,070
282,668
EXPENDllURE ON
Charltable activitles
Sale of books
Online sales costs
20S,074
33,612
238,686
248,283
22,738
Other
50,935
50,935
74,236
Totsl
256,009
33,612
289,621
345,257
NET llYCOMEI{EXPENDITURE)
Other recognlsed g•in¥l(losses)
Gains on maluation of fixed assets
(55,551)
(S5￿51)
(62,589)
400,000
41Xb.(100
N¢t movernent in fund$
344,449
344,449
(62,589)
RECONCILIATION OF FifNDS
Total funds brought forward
1,265,638
1,265,638
1,328,227
TOTAL FUNDS CARRIED FORWARD
1,610,087
1,610,087
1,265,638
The notes form part of these financial statements
Page 7

BOOK AID
BALANCE SHEET
31 December 2024
2024
Total
nds
2023
Total
funds
Unrestricted
fund
Restricted
fijnds
Notes
FIXED ASSETS
Tangible assets
10
lJ14,616
1,504,616
1.205,770
Delxors
Cash at bank and in hand
1&825
95,221
18,825
95,221
14.329
55.900
114,046
114,046
70,229
CREDrroRS
Amounts falling due within one year
12
(8A75)
(8,575)
(10,361)
NET CURRENT ASSETS
105,471
105,471
59,868
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,610,087
1,610,087
1,265,638
NET ASSETS
1,610,087
1,610,087
1,265,638
13
Unrestricted funds
1,610,087
1,265,638
TOTAL FUNDS
1,610,087
1,265.638
The financial stattments were approved by the Board of Trustees and authorised for issue on
and were signed on its behalf by:
J.t.:..J.,o.., 2¥
A Quinney - Trustee
R Bradshaw- Trustee
The notes forni part of these fman¢ial staternents
Page 8

BOOK AID
IYOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2024
AccouKfING POLICIES
Basis of preparillg the finallcial stalements
The financial statements of the charity. which is a public benefit entity under FRS 101 hav¢ been p￿pared in
accordance with the Charities SORP (FRS 102) 'Accountin8 and Reportin8 by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial R¢porttn8
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 ftnd Republic of Ireland, and the Charities Act
2011. The financial statements have Ixen prepared under the historical ¢ost convention, as modified by the
r¢valuation of certain assets.
Income
All income is reCO￿lSed in the Statement of Financial Activities once the charity has ¢ntitl¢ment to the funds, it is
probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there TS a legal or constructive obligation committing the charity
to that exp¢nditure, it is probable that a transfer of economic benefits will be required in settlement and the amount
of the obligation can be measured reliably. Exp¢nditure is accounted for on an accruals basis and has been classified
under headings that agg￿gate all cort related to the category. Where Costs canmot be di￿tlY attributed to particular
headings they have been allocatrd to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estirnated useful life.
Fixtures and fittings
OffirK equipment
20 % on reducing batance
200/0 on reducing balance
The freehold properties have not been deprecated, as they are maintained to a standard thal in the opinion of the
trustee5, p￿cludeS the need to provide depreciation. This departure from aGcountin8 Standards is deemed necessary
for a true and fair representation of the propertie5 in the financial statemetrts.
Taxation
The ¢harity is exempt from tax on its charitable octivities.
Fund Aceollnting
Unrestricted fullds can be used in a￿OrdanCe with the charitable objectives at the discretion of the truste08.
Restricted fimds can only be used for particular ￿$trIcted purposes within the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted piirposes.
Further explanation of the nature and purpose of each ￿nd is included in the notes to the financial statements.
Hire purchase and leasing commitments
Ren&ls paid under operating l¢ases are charged to the Statement of financial activities on a straight Ilne basls over
the Feriod of the lease.
Pase 9
continued...

BOOK AID
NOTES TO THE FINANCtAL STATEMENTS- Continued
for the year ended 31 December 2024
SALE OF BOOKS
2024
2023
Book sales
117,732
170 112
RENT & IWTEREST RECEIVED
2024
2023
Rents received
Deposit account interest
46,800
788
46,800
CHARITABLE ACTIVITIES COSTS
2024
Direct
Costs (see
note 5)
Sale of book5
238 686
DIRECT COSTS OF CHARITABLE ACTIVITIES
2024
2023
Staff costs
Postage & stationery
Shipping costs
Amazon & Paypal fees
Donations
197,502
17,912
4,999
17,996
277
218,797
22,9(K)
5,541
22,738
238 686
271021
SUPPORT COSTS
General
support
Governance
costs
Totals
Other resources expended
Page 9
continued...

BOOK AID
NOTES TO THE FINANCL4L STATEMENTS- ¢ontinued
for the year ended 31 December 2024
SUPPORT COSTS- continued
Support costs, included in the above, are as follows:
Cenernl support
2024
2023
resour¢¢s
expended
Total
activities
Rent
Rates & water
Insurance
Light & heat
Telephone
Motor, trdvel & moving costs
Mainlenance & repairs
Bank Gharges
Legal & professional fees
Offiie costs
Depretsiation of tsngible and heritage assets
(Profit)/Loss on disposal fixed assets
5,608
10266
4ffj00
7,026
S007
li
7,749
2,979
47,558
35,8A9
262
1,040
8,539
9,359
1262
27,618
10,023
325
6,287
1,443
{I664)
(78,052)
47,522
70,986
GovernAnce eost$
2024
Other
resources
expended
2023
Total
activities
Independent examiner
3,413
3350
OTHER
2024
2023
Support costs
50,935
74,236
Pagell
continued...

BOOK AID
1¥4OTES TO THE FINANCIAL STATEMENTS- continued
for the yeAr ended 31 Deeember 2024
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 December 2024 nor for the year ended
31 December 2023.
STAFF COSTS
The averdge rnonthly number of employees during the year was as follow5:
2024
13
2023
14
No employees received emoluments in excess of £60,000.
The trust employs 13 slaff (3 ￿1[ time and l O part time). Full time equivalentr. 7.1.
io.
TANGIBLE FIXED ASSETS
Fixtures
Freehold
prop
otyice
equipment
fittings
Totals
COST OR VALUATION
Ai l January 2024
Disposals
Revaluations
1,20O.IJOO
(ioo.000)
400,1K)O
21,Y23
18099
(493)
1240,822
(100,493)
400,1)00
Al 31 Dettmber 2024
iJoo,(M)o
21,923
18,406
IA40J29
DEPRECJATION
At l January 2024
Charge foT year
Eliminated on disposal
20,448
295
14ffj04
858
(492)
35,052
1,153
(492)
At 31 December 2024
20,743
14,970
35,713
NET BOOK VALUE
At 31 December 2024
1000,000
3A36
1,$04,616
At 31 December 2023
1,200,000
1,475
4,295
1,205.770
Cost or valuation at 31 December 2024 is represented by:
Fixtures
and
fittlngs
Freehold
property
Office
equipment
Totals
Valuation in 2016
Valuation in 2024
Cost
340,054
400,000
759,946
340,054
400,000
800275
21,923
1&406
i.5(￿,000
21,923
1&406
IJ40J29
Page 12
continued...

BOOKAID
NOTES TO THE FINANCIAL STATEMENTS- eontinued
for the year ended 31 December 2024
io.
TANGIBLE FIXED ASSETS - Continued
The property at Ranskill was revalued in February 2016 by PD White MRICS of Brom & Co at a value of £200.000,
This property was part-disposed off in July 2024,
Thc property at Kangley Bridge Road was revalued in September 2016 by JA Byrne Bs¢ (Hons) MRICS of Howell
Brooks at a value of £1 million.
Both properties have been revalued in the 31n125 financial statements based on estale agent valuations and property
sale activity. during and post year end.
li.
DEBTORS: AMOUNTS FALLiNG DUE WITHtN ONE YEAR
2024
2023
Other debtors
Prepayments
13,831
4,994
11,719
1610
18025
14,329
12.
CREDJTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Taxation and social security
Other ¢reditors
3J99
5,176
3,542
6,819
8,575
10,361
13.
MOVEMENT IN FUNDS
Net
movement
in fjjnds
At
31.12.24
At 1.1.24
Unrestricted funds
General fimd
136S638
344,449
1,610,087
TOTAL FUNDS
1,265,638
344449
1,61&,087
Page 13
continued..

BOOK AID
NOTES TO THE FINANCIAL STATEMENfs- fontinued
for the year ended 31 December 2024
MOVEMENT IN FU￿rDs - continued
Net rnovement in fijnds. included in the aknve are as follows:
Incoming
resourc&8
Resour¢es
expended
Gains and
losse5
Movement
in funds
Unrestricted funds
General fund
200,458
(256,IX)9)
400,000
344849
Restricted funds
Bibles
erseas distribution
9,588
24,024
{9J88)
(24,024)
33,612
(33,612)
TOTAL FUNDS
234,070
1289,621)
400,000
344,449
Comparatlves for movement in funds
Net
movement
in fimds
At
31.12.23
1.1,23
Unrestricted fund$
Gen¢rnl fund
1,328,227
(62589)
1,265,638
TOTAL FUNDS
1,328,227
(62,589)
1,265,638
CoTnpardtive net movement in funds. included in the above are as follows..
Incoming
8ource$
Resources
expended
Movement
in funds
Unr&8liicted fiinds
G¢n¢ral fund
256,013
(318,602)
(62,589)
Restricted funds
Bibles
Overse&8 distribution
5,755
20,900
(5,755)
(20,900)
26,655
{26,655)
TOTAL FUNDS
282,668
(345,257)
(61589)
The Bible fund is where donations have bgen received specifically to purchase Bibles to send overseas. The overseas
distribution fund is where donations were re¢¢ived specifically towards the costs a￿oCIated with the overseas
distribution. Both of these funds was fully utilised in the year.
Page 14
continu￿...

BOOK AID
NOTES TO THE FtNANCIAL STATEMENTS- continued
for the year ended 31 December 2024
14.
RELATED PARTY DISCLOSURES
There were no related party trdnsa¢tions for the year ended 31 D￿ember 2024.
Page 15