Charity registration number 1044539 (England and Wales)
Charity registration number SC041111 Iscouand)
BCM INTERNATIONAL UK (ANCHOR) TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

BCM INTERNATIONAL UK (ANCHOR) TRUST
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
Mr S Paget
MrA Thomas {Treasurer)
Mrs J Girvan (Chairperson)
Mrs J Rogers
Mr B Abercrombie (Vice Chairperson)
Charity number (England and Wales) 1044539
Charity number (Scotland)
SC041111
Principal address
BCM Intemational UK (Anchor) Trust
214 Church Drive
Quedgeley
Gloucester
Gloucestershire
GL2 4US
Independent examiner
GMCG LISBURN
Century House
40 Crescent Business Park
Lisburn
BT28 2GN
Bankers
Santander
Bridle Road
Bootle
Merseyside
L30 4GB
Solicitor5
Ellis-Fermor & Negus
Market Place
Ripley
Derbyshire
DE5 3BS

BCM INTERNATIONAL UK (ANCHOR) TRUST
CONTENTS
Page
Trustees, report
Independent examinerfs report
Statement of financial activities
statement of financial position
10
Notes to the financial slatements

BCM INTERNATIONAL UK (ANCHOR) TRUST
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees present their report and financial statements for the year ended 31 December 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the Trust's Deed, the Charities and Trustee Investment (Scolland) Act 2005,
the Charities Accounts (Scotland) Regulations 2006 (as amended), the Charities Act 2011 Accounting and
Reporting by Chartties.. Statement of Recommended Practice applicable to charities preparing thèir accounts in
accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
(effective 1 January 2019)
Objectives and activities
The Trust Deed sets out the following charitable objects- which the Gharity undertakes in England, Wales, Scotland
and Northern Ireland..
to proclaim the Gospel in order that children, teenagers and adults come to faith in Jesus Christ as Sawour and
Lord.,
to establish believers in the Christian life and in service through constructive, consistent teaching of the Word of
- to encourage attendance al, involvement in. and loyalty to a local Bible-believing church-
- to serve the local Bible-believing church-
to maintain fellowship with all sections of BCM International and the advancement of fellowship with any group of
believers having similar purpose and activity, in any part of the United Kingdom or overseas-,
the provision of financial support for any minister, evangelist, missionary or other worker engaged in the spread of
the Christian Gospel, whether directly by or through any Church. Mission or Charity by whom such person is
supported", and.
- the relief of povety or suffering.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
trust should undertake.
AGhievements and performance
In 2024 the Trustees continued to build on the previous year in their fatthfulness to God's call in fulfilling their role
and responsibilities with respect to the objectives of BCM Intemational UK in Scotland and Northem Ireland. The
building of closer relationship wlth the Republic of Ireland continues to grow.
We have been building on our vision and purpose statement..
"For more and more children and young people to know. love and obey God"
The following is a summary of our work during 2024 in the different parts ofthe Uniled Kingdom.

BCM INTERNATIONAL UK (ANCHOR) TRUST
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Northern Ireland
Summer Camps- 8 Six-day residential camps were hosted at Mullartown House, Annalong during July & August. 4
of these were children's camps. 1 pre-teen, 1 junior teen, 1 senior teen and 1 family week camp. A total of 583
ampers attended and 251 volunteers were involved. One of the children's camps is targeted towards
disadvantaged young people from the Belfast area, some of whom have been referred to us by Social Services. We
also ran an additional 4-day residential summer camp at Kilbroney Centre for teens., 34 campers and 10 volunteers
were involved.
Bible Clubs
These Clubs are held during tenn time and enable us to reach children and encourage them to
pursue a deeper relationship with God. The weekly Bible Clubs were run in Stoneyford, Ballygowan and the
Springfield Road, attracting 9-15 children each week in each area. The Bible Club in Lisburn ran from January to
March attracting similar numbers. We also ran shorter spells of Bible Clubs in various areas of Belfast during term-
time.. 8 clubs in the Markets area, 2 in Turf Lodge, 2 in Rose Street.
BCM Residential Weekends - In 2024 we hosted 4 weekend reunions at Mullartown house from the summer
camps- Kidslmerge, Family Camp, Junior Teenslmerge and Senior Teens. There were also 2 City Kids, residential
weekends and 3 Ctty Teens, residential weekends, primarily attracting children and young people from inner city
areas of Belfast. In addition, we had a Summer Camp Volunteer Training Weekend and a Ladies, weekend, at
Mullartown House, both run by our BCM Nl Team.
Supporting local churches
Residential weekends.. Our propetty in Annalong hosts weekends for church-based groups and school and
university Christian Unions, enable us to serve the local Bible believing Church. In 2024, 26 different residential
groups used our facilities, mpaning we welcomed over 1370 visitors to Mullartown House over the course of the
year. These visitors were served by around 100 volunteers.
The BCM Centre in Lisburn hosted 3 parachurch groups for Bible studies and prayer meetings until September
2024, 2 Dfthese groups met for the remainder ofthe year in our temporary premises in Railway Street.
Summer Outreach:
Hello Life - seeks lo reach local communtties through differenl foms of outreach including Bible Clubs, visitation.
practical help and family fun days. 5 teams worked during July and August, each made up of an average of 10 -
12 volunteers; in Lurgan, Lisburn, Downpatrick, Belfast and Ballinderry. 3 of the teams were residential. For
several of the volunteers this was the first time they had participated in this type of outreach
3 Day to 5 Day Clubs- During ihe Hello Lrfe weeks 63 individual Bible Clubs took place, mostly as part of 3-day,
day, or 5-day series in various housing estates, with attendance ranging from 8 to over 30 children, averaging 15
per club. In addition, the teams ran some youth events in Downpatrick and Ballinderry.
Other activities.. A number of other activities are held throughout the year to reach children, young people and
adults with the gospel and to encourage them in their faith. These included missionaries speaking at schools on
over 20 occasions. We also ran a 4-week mentoring programme for some of our summer volunteers.

BCM INTERNATIONAL UK (ANCHOR) TRUST
TRUSTEES, REPORT ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Scoljand
2024 wa5 a year Df contrasts for the work in Scotland. This did not quench the enthusiasm from the many
volunteers who gave their time to help us.
We continued to work in areas East Dunbartonshire and North Lanarkshire.
Children and Teen's work.
Each week the children attending the various clubs showed much enthusiasm. They loved the games, Bible stories.
competitions and all we had to offer. The staff were a listening ear for some and good role models for all.
The teens continued to meet monthly for various afternoon activities e.g. Qutdoor challenges, 10 pin Bowling and
Ice skating, followed by a 'carry out, tea and an evening club-time together.
We hosted 3 separate camps at the Windmill Christian cenlre in Arbroath with a great staff team who gave their all
for the youngsters to have a superb holiday. The teens had their usual weekend in October which they really
enjoyed.
Our missionaries from Brazil Settled in and gavè support to the current staff. Junior and Luana Pereira were a real
encouragemenl. They fascinated the children with their 'foreign' accent.
Adult Ministries
Every Thursday aftemoon ourAlsortz group attracted folks of'Alsortz' of ages and, Alsortz, of interests. This popular
group is mainly attended by seniors, some of whom have dementia. It is greatly appreoiated and 15 naturally
providing much needed support for those who come.
The ladies who attended the annual weekends benefited from the break in their normal life routines. and from
the ex￿lIent teaching. The numbers were down a little this year. Largely, we suspect, due to the increase in price
which reflected the increased chargès by the hotel. A new payment scheme was started which allowed the ladies to
spread the cost of the weekend over several months.
Financially
The Clyde Valley team are coping as best they can with rising costs and making necessary adjustments and
planning to apply to some trusts for help in 2025.
The Breakout holidays, the teen and ladies. weekends have seen massive increase in costs of accommodation and
transport. This has somewhat affected the numbers attending. We do not see these increases will stop any time
soon.
Our eyes are still on the future as we anti¢ipate seeing God working through us as we bless thè children and young
people we serve.

BCM INTERNATIONAL UK (ANCHOR) TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Future Minis
Develo
ment- En
land & Wales
We were really pleased that our first new Regional Development Missionary Eric Richardson was able to join the
BCM Team. Eric, Kristsnna and the family were finally able to join us in January 2025, serving in the London area
of West Finchley. He has already started building new contacls with local pastors and churches in the area. He
also has already visited the team in Scotland for their Easter break camp and will be visiting Northern Ireland and
Republic of Ireland as an opportunity to find out and experien￿ the work of BCM in the different areas. We look to
the Lord to open up the doors for developing new Children's ministry in London and in other parts of England &
Wales, as he calls new missionaries to setve with us.
BCM Candidate Orientation School
From 11 15 November a number of our new missionaries Jason Nicholl, Anne Martin, Junior Periera and Eric
Richardson travelled to the Netherlands for a candidate orientation week. This was a unique opportunity to learn
more about the work and history of BCM Intemational and a chan￿ to meet other missionaries from across Europe
and members of the BCM International leadership ieam from the USA. It's main purpose is to prepare our
missionaries to serve more effectively in the mission field and to equip them with the tools and knowledge
necessary to make a difference in the various contexts where they work.
2024 UK & Ireland Conference
We were able to hold our first fa￿t0-face conference since Covid, from 24 - 26 January 2025 at Mullartown
House. Although this coincided with Storm Eowyn, which caused serious disruption to travel and power supplies.
parti¢ularEy around Mullartown House, we had a great time together. Around 45 adults were able to come, along
with their families. Garrett Lowe the Vice President of Personnel from BCM US was our guest speaker, as he spoke
on God's calling and our response. We are very grateful to the BCM Nl Team for hosting and organising things for
us and for the techniGal support provided by BCM Scotland and for recording the sessions for us.
U.K. Oversi
ht
As a Trust Board we have continued to meet regularly over Zoom, which has helped redu￿ travelling costs and the
need for trustees having to spend weekends away to attend meetings. However, we did meet in October at a hotel
at Bristol Airport. This enabled our teams from Belfast and Glasgow to fly in and meet with Alan from Gloucester. It
was a good opportunty for us to meet to consider our passion for mission, as we looked together at the life and
ministry of George Muller, who served the Lord in Bristol during the nineteen century. It was also an opportunity to
review the applicants which had come forward, following our advertising between August to September.
Unfortunately. it was not felt that the applicants were suited for the new roles in England and Wales.
The Trustees continue to be responsible for keeping BCM Intemalional UK up to date wilh regulalions and legal
requirernents. They continue to be actively involved in monitoring and reviewing of all our policies. They provide
pastoral care for thè BCM Intemational UK missionaries and volunteers as they seNe the children and young
people.
The Trustees are also keeping under review the financial support nèeds of our missionaries, as our missionaries are
a vital part of our ministry.
Financial review
The results for the year are as set out on pages 9 to 18. The Trust returned net incoming resources of £12,229 of
which there were unrestricted net incoming resources of £10,918 and restricted net incoming resources of £1,311.
At 31 December 2024 the balance of unrestricted reserves was £905,890 (2023 - £894,972).
The results of the Trust have been impacted greatly in recent years by net gains and losses on investment
valuations. In the year ended 31 De￿mber 2024, included in the statement of financial activtties is a gain on
investments of £43,813 (2023 £57,242). Excluding these gains and losses the Trust would have returned net
outgoing resources of £32,164 (2023 - £30,648).
The policies adopted in furtherance of these objects are detsiled below and there has been no change in these
during the year.

BCM INTERNATIONAL UK (ANCHOR) TRUST
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Unreslricted funds are needed:
a) to provide funds which can be designated to specific activities to enable these activities to be undertaken at short
notice and
b} lo cover administration. fund-raising and support costs without whi¢h the charity could not fvnction.
The Trustees consider it prudent that unrestricted res&rves should be sufficient..
a) to avoid the ne￿SSIty of realising fE(ed assets held for the charity's use,.
b) to cover direct and indirect expenses.
Unrestricted funds currently meet this requirement.
The level of reserves is monttored by the Trustees on a regular basis.
Restricted funds are restricted donalions held on trust for specific purposes. Al 31 December 2024 the balance of
restricted funds totslled £11,44312023- £10,132>.
The trustees have a risk management stralegy which comprises-
An annual review of the principal risks and uncertainties that Ihe charity fa￿s.
The establishment of policies, systems, and procedures to mitigate those risks identified in the annual
revièw., and
The implementation of procedures designed to minimise or manage any potential impact on the charity
should those risks malerialise.
This work has identified that financial sustainability is a major financial risk for the charity. As a result, an Investment
Policy has been produced to ensure that sufficient liquid funds are held in the Trusts bank accounts to settle debts
as they fall due. The liquid funds are regularly reviewed by thè Finance Officer and Trustees and investments are
periodically sold to boost the liquid funds held.
structure, governance and management
The Trust is unincorporated and governed by Trust Deed.
The Trustees who served during the year and up to the date of signature of the financial statements were..
Mr S Paget
Mr A Thomas (Treasurer)
Mrs J Girvan (Chairperson)
Mrs J Rogers
Mr BAbercrombie (Wice Chairperson)
The existing Trustees have the power and responsibility of appointing new Trustees.
As much of the charities work is involved in working with Ghildren and young people the trust carries Out DBS
checks of all our workers and volunteers in accordance wilh our Child Protection & Safeguarding Policy.
We continue lo look at the strengthening of the Trust Board to help us develop a fresh vision for our ministry in the
UK and to oversee the govemance and ministry of the mission.
Mr A Thomas, continues to seNe as our Finance Officer and therefore receives remuneration from the charity for
providing these professional service5, as permitted by the Trust Deed.
None of the other Trustees receive any remuneration from their work with the charity, atthough reasonable travelling
expenses are reimbursed for attending Ihe formal meetings.

BCM INTERNATIONAL UK (ANCHOR) TRUST
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
In addition. Mr & Mrs S Paget are receiving the retirement allowance, which is currently paid to our retired
missionaries, on a discretionary basis. However, Mr Paget does not participate in the annual review of the
allowance, Carried out by the Trustees.
Any connection, or contractual relationship, between a trustee and another organisation which might lead to a
conflict of interest, musl be disclosed to the full board of trustees. In the current year no such relatèd paty
transactions were reported.
The Trustees, report was approved by the Board of Trustèe5.
J Girvan
Mrs J Girvan (nee Reid) (Chairperson}
Trustee
Date..

BCM INTERNATIONAL UK (ANCHOR) TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF BCM INTERNATIONAL UK (ANCHOR) TRUST
We report on the financial statements of the trust for the year ended 31 De￿mber 2024, which are set out on
pages 9 to 18.
Respective responsibilities of Trustees and examiner
The charity's Trustees are responsible for the preparation of the accounts in accordance with the lemis of the
Charities and Trustee Investments Iscodand) Act 2005, the Charities Accounts ISctsUand) Regulations 2006 and
the Charities Act 2011. The charity's Trustees consider that the audit requirements of Regulation 10(1){a) to (c) of
the Charities Accounts (Scotland) Regulations 2006 and section 144 of the Charities Act 2011 do not apply. The
charity is prèparing accrued accounts and we are qualified to undertake the examination being qualified members
of Chartered Accountants Ireland.
It is our responsibility lo=
examine the financial ststements under section 44(11(cl of the Charities and Trustee Investment (Scotland)
Act 2005 and the Charities Act 2011.,
(li) to follow the Pro￿dureS laid down in the general Directions given by the Charity Commission under section
145(5)Ib) of the 2011 Act., and
lili) lo state whether partiGular matters have come to our attention.
Basis of independent examinerfs statement
Our examination is carried out in accordan￿ with Regulation 11 of the Charities Accounts (Scotland) Regulation5
2006 (the 2006 Accounts Regulations) and the general Directions given by the Charity Commission. An
examination includes a review of the accounting records kept by the charity and a comparison of the financial
statements presented with those records. It also includes consideration of any unusual items or disclosures in the
financial statements, and seeks explanations from the trustees concerning any such matters. The Pro￿dureS
undertaken do not provide all the eviden￿ that would be required in an audit and consequentty w& do not
express an audit opinion on the view given by the financial statements.

BCM INTERNATIONAL UK (ANCHOR) TRUST
INDEPENDENT EXAMINER'S REPORT (CONTINUED)
TO THE TRUSTEES OF BCM INTERNATIONAL UK (ANCHOR) TRUST
Independent examinerfs ststement
In connection with our examination, no matter ha5 come to Dur attention:
la) which gives us reasonable cause to believe that in any material respect the requirements..
to keep accounting records in accordance with section 44(11 (al of the 2005 Act, and Regulation 4 of
the 2006 Accounts Regulations and section 130 of the 2011 Act. and
(li) to prepare financial statements which accord with the accounting records and comply with Regulation
8 of the 2006 Accounts Regulations and the requirements of the Charities (Accounts and Reports)
Regulations 2008.,
have not been met or
(b) to which. in our opinion, attention should be drawn in order to enable a proper underslanding of the
financial statements to be reached.
GMCG LISBURN
Century House
40 Crescent Business Park
Lisbum
BT28 2GN

BCM INTERNATIONAL UK (ANCHOR) TRUST
STATEMENT OF FINANCtALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted Restrictsd
funds
funds
2024
2024
Totsl Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Notes
Income and endowments from:
Donalions and legaoies
Charitable activities
Investments
Other income
4,568
16,463
6,813
161
59,614
64,182
16,463
6,813
161
5,020
14,341
6.942
178
41,460
46,480
14,341
6,942
178
Totsl income
28,005
59,614
87,619
26,481
41,460
67,941
Expenditure on:
Charilable activities
60,900
58,303
119,203
57,489
41,100
98.589
Total expenditure
60,900
58,303
119.203
57,489
41,100
98,589
Net gainsl(losses) on
inveslments
10
43,813
43,813
57,242
57.242
Net income and movement in
funds
10.918
1,311
12.229
26,234
360
26,594
Reconciliation of funds:
Fund balances at 1 January
2024
894,972
10.132
905,104
868,738
9,772
878.510
Fund balances at 31
December 2024
905.890
11,443
917,333
894,972
10,132
905,104
The statement of financial aclivities includes all gains and losses recognised in the year. All income and expendtture
derive from continuing activilies.

BCM INTERNATIONAL UK (ANCHOR) TRUST
STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024
2024
2023
Notes
Fixed assets
Investments
11
868,017
849,813
Current assets
Debtors
Cash at bank and in hand
12
445
57,544
2,908
57,900
57,989
60,808
Creditors: amounts falling due within
one year
13
(8,673)
{5,51n
Net current assets
49,316
55,291
Total assets less current liabilities
917.333
905.104
Income funds
Restricted funds
Unrestricted funds
15
16
11,443
905,890
10,132
894,972
917,333
905,104
The financial Statements were approved by the Trustees on .
and signed on their behalf by..
A J Thomas
Mr A Thomas (Treasurer)
Trustse
10

BCM INTERNATIONAL UK (ANCHOR) TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies
Charity information
BCM International UK (Anchor) Trust is an unincorporated charty, registered with the Charity Commission for
England and Wales and the offi￿ of the Scottish Charity Regulator. The charity opèrates from 214 Church
Drive, Quedgeley, GIOU￿Ster, Gloucestershire, GL2 4US.
1.1 Accounting convention
The financial statements have been prepared in accordance with the Trusvs goveming document, the
Charitiès and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006
(as amended), the Charities AGt 2011 and "Accounting and Reporting by Charities: Stslement 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 2019)" The
trust is a Public Benefit Entity as defined by FRS 102.
The Trust has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1
not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling. which is the functional currency of the Trust. Monetary
amounts 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.
1.2 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 adopl the going con￿rn basi5 of accounting in preparing the financial statements.
1.3 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 or grantors as to how they may be used. The
purposes and uses of the restricted ftjnds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the trust is legally entitled to tt 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 ccinditions 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.
Legacies are recognised on receipt or othetwise if the trust has been nottfied of an impending distribution, the
amount is known, and receipl is èxpected. If the amount is not known, Ihe legacy is treated as a contingent
asset.
Invèslment income is recognised when re￿iVable.
11

BCM INTERNATIONAL UK (ANCHOR) TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies {Continued)
1.5 Expenditure
Eypendilure is recognised once there is a legal or constructive obligation to transfer economic benefft to a
third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligation can be measured reliably.
Eypènditure is classified by activity. The costs of each activty are made up of the total of direcl costs and
shared costs, including support costs involved in undertaking each actlvlty. Direct costs attributable to a single
activity are allocated directly to that activity- Shared costs which contribute to more than one activity and
support costs which are not attributable to a single activity are apportioned betweèn those activitiès on a basis
consistent with the use of resources. Central staff Gosls are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of thè asset's use.
Charitablè expenditure comprises those costs incurred by the charity in the delivery of its activities and
ServI￿S for its beneficiaries. It includes both costs that can be allocaled directly to such activities and those
costs of an indirect nature necessary to support them.
Support costs are those that assist the work of the charity but do not directly represent charitable activtties
and include office costs, governance costs, depreciation costs and administrative payroll costs. They are
incurred directly in support of expenditure on the objects of the charity and include project management
carried out at the office. OfFice cosls. depreciation costs, govemance wsts and payroll costs are allocated to
charitable activities based on useage. The allocation of the support costs is anatysed in note 7.
1.6 Fixed asset investments
Fixed asset investments are stated at market value.
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.8 Financial instruments
The trust has elected to apply the provisions of Section 11 'Basic Financial Instruments. and Section 12 '0ther
Financial Instruments Issues, of FRS 102 to all of its finanGial instruments.
Financial instrumenls are recogni5ed in the Irusvs balance sheet when the trust become5 paty to the
contractual provisions of the instrument.
Financial assets and liabililies are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to sel off the recognised amount5 and there is an intention to settle on a net
basis or to realise the asset and settle the liability 5imult8neously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amorbsed cost using the effective
interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the future re￿iptS discounted at a market rate of interest. Financial assets
lassified as receivable within one year are not amortised.
12-

BCM INTERNATIONAL UK (ANCHOR) TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies (Continued)
Basic financial liabilities
Basic finanGial liabilities, including creditors and bank loans are inttially recognised at transaction price unless
the arrangement constttutes a financing transaction, where Ihe debt instrument is measured at the present
value of the future paymenls discounted at a market rale of interest. Financial liabililies classrfied as payable
within one year are not amortised.
Debt instruments are subsequenlly carried at amortisèd cost, using the effective interest rate method.
Trade creditors 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 Gurrent liabilities if payment is due within one
year or lèss. If not, Ihey are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using thè effective interest method.
Derecognition of r
Inancial liabilities
Financial liabililies are derecognised when the trusys contractual obligations expire or are discharged or
cancelled.
Income from donations and legacies
Unrestricted Restrictsd
funds
funds
2024
2024
Total Unrestricted RestrTCted
funds
funds
2023
2023
Total
2024
2023
Donations and gifts
4,568
59.614
64,182
5,020
41,460
46,480
Donations and gifts
Missionary donations and
gifts
Gifts for general work
Camp donations and gifts
58,614
58,614
4,568
1,000
41,460
41,460
5,020
4,568
5,020
1,000
4,568
59.614
64,182
5,020
41,460
46,480
Income from charitable activities
Camps and
conferences
Camps and
conferences
2024
2023
Donations and gifts
Donations received for charitable activities
Other income
15,441
1,022
13,198
1,143
16,463
14,341
13-

BCM INTERNATIONAL UK (ANCHOR) TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from investments
Unrestricted Unrestrictsd
funds
funds
2024
2023
Income from listed investments
Inlerest receivable
4,519
2,294
4,592
2,350
6,813
6,942
Other income
Unrestricted Unrestricted
funds
funds
2024
2023
Other income
161
178
Expenditure on charitable activities
Missionary Camps and
expenses conferences
2024
2024
Total Missionary Camps and
expenses conferences
2023
2023
Total
2024
2023
Direct costs
Missionary cost5
Retirement allowance
Camp and conferen
expenses
58.303
27,237
58,303
27,237
41,099
25,753
41,099
25,753
16,062
16,062
14.581
14,581
85.540
16.062
101,602
66,852
14,581
81,433
Share of support and governance costs (see note 7)
Support
10,924
Governance
6,677
10,924
6,677
9,405
7,751
9,405
7,751
103,141
16,062
119,203
84,008
14.581
98.589
Anal￿1$ by fund
Unrèstricted funds
Rèstricted funds
44,838
58,303
16,062
60,900
58,303
42,908
41,100
14,581
57,489
41,100
103,141
16,062
119,203
84,008
14,581
98,589
14-

BCM INTERNATIONAL UK (ANCHOR) TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Support costs
Support Governance
costs
costs
2024
Support Governance
costs
costs
2023
Insurance
Postage and office
Telephone
Travel
Donations
Sundry expenses
Publication costs
546
1.555
269
1,334
2,672
4,276
270
548
1,236
261
563
3,508
3,085
204
548
1,236
261
563
3,508
3,085
204
1,555
269
1,334
2,672
4,276
270
Accountancy and
Bookkeeping
6,677
6,677
7,751
7,751
10.924
6,677
17,601
9,405
7,751
17,156
Analysed between
Charitsble activities
10,924
6.677
17,601
9,405
7,751
17,156
Governance costs includes payments lo the indÈpendent examiners of £1,380 (2023 £1,320) for
accountancy services.
Trustees
During the year retirement allowances were paid to Mr Slan Paget and Mrs Irene Paget, as retired
missionaries of £5,18412023- £4,884).
Mr Alan Thomas re￿iVed £5,297 12023 - £6,431) during the year for the provision of book-keeping &
administrative sèrvices to the charity.
Employees
2024
Number
2023
Number
Total
There were no employees whose annual remuneration was more than £60,000.
15-

BCM INTERNATIONAL UK (ANCHOR) TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
10 Gains and losses on investments
Unrestricted Unrestricted
funds
funds
2024
2023
Gains/(losses) arising on..
Revaluation of investments
43,813
57,242
11 Fixed asset investments
Unlisted
investments
Cost or valuation
At 1 January 2024
Valuation changes
Disposals
849,813
43,813
125,609)
At 31 December 2024
868,017
Carrying amount
At 31 December 2024
868,017
At 31 December 2023
849,813
12 Debtors
2024
2023
Amounts falling due within one year:
Other debtors
Prepayments and accrued income
204
241
2,740
168
445
2,908
13 Creditors: amounts falling due within one year
2024
2023
Notes
Deferred income
Trade credilors
Accruals
14
6,790
563
1,320
3,499
758
1,260
8,673
5,517
16-

BCM INTERNATIONAL UK (ANCHOR) TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
14 Deferred income
2024
2023
Arising from deposits held for Conferences
6,790
3,499
15 Restrictsd funds
The restricted funds of the chartty comprise the unexpended balan￿S of donations and grants held on trust
subject to specific conditions by donors as to how they may be used.
At 1 January
2024
Incoming Resources
resources
expended
At31
December
2024
Missionary Fund
Conference Fund
Camp Fund
10,057
75
58,614
(57,883)
10,788
75
580
1,000
(420)
10,132
59.614
(58,3031
11,443
Previous year:
At 1 January
2023
Incoming
resources
Resources
expended
At31
December
2023
Missionary Fund
Conference Fund
9,697
75
41,460
(41.100)
10,057
75
9,772
41,460
141,100)
10,132
Missiona
Fund
The Missionary Fund represents funds received for the benefit of the work of specific missionaries.
17

BCM INTERNATIONAL UK (ANCHOR) TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
16 Unrestricted funds
At 1 January
2024
Incoming
resources
Resources
expended
Gains and
losses
At31
December
2024
General funds
894,972
28,005
(60,900)
43,813
905,890
Previous year:
At 1 January
2023
Incoming Resources
resources
expended
Gains and
losses
At31
December
2023
General funds
868,738
26,481
(57,489)
57,242
894,972
17 Analysis of net assets bel)Neen funds
Unrestricted
funds
2024
Restricted
funds
2024
Totsl
2024
At 31 December 2024:
Investments
Current assetsl(liabilities)
868,017
37.873
868,017
49,316
11,443
905.890
11,443
917,333
Unrestricted
funds
2023
Restricted
funds
2023
Totsl
2023
At 31 December 2023:
Investments
Current assetsllliabiltties)
849,813
45,159
849,813
55,291
10,132
894,972
10.132
905,104
18 Related party transactions
There were no disclosable related party transactions during the year other than those with Trustees disclosed
in Note 9.
18-

Signature:
Email: judith.girvan@bcm.org.uk
Signature: rAIwAk
Email: finance@bcm.org.uk