**Charity no. 1096249**
# **Rickfords Hill Publishing Ltd. Trustees’ Annual Report 30/09/2021**
## **A) Charity information**
**Other names:** Charity also known as RHP, RHP Ltd., RHPBOOKS.
**Registered Charity no.** 1096249 Registered in England and Wales
**Registered Company no.** 4500076 Registered in England and Wales
**Principal address and registered office:** 24 High Street, Winslow, Buckingham MK18 3HF.
**Incorporated:** 31[st] July, 2002
**Bank:** HSBC, 8 Market Square, Aylesbury, Buckinghamshire, HP20 1TW
## **Charity Trustees (all Trustees are also Company Directors):**
**1.** Paul Victor Fellows of 70 Sutherland Road, London N9 7QG
**2.** Daniel Peter Harrison of 24 High Street, Winslow, Buckingham MK18 3HF.
**3.** Thomas Edward George Harrison of 124 High Street, Winslow, Buckingham MK18 3DQ.
**Appointment of Trustees:** Trustees are appointed by a vote of the membership.
**Charity objects:** The Charity’s objects are (1) To advance and maintain the Christian Religion through the production and distribution of Christian literature, the provision of Christian instruction and the provision of buildings and equipment for Christian instruction and worship; (2) The relief of the sick, infirm and poor living in undeveloped countries either generally or individually through the provision of grants, goods or services.
## **— B) Report of Activities and progress for the period 01/10/2020**
## **30/09/2021**
## **Part 1 – Objectives for the period**
## **The objectives for the year ahead were**
## **a. Publishing**
- **i.** to continue the process of marketing and distributing the titles already published;
- **ii.** to reprint any titles with low stocks
## **b. Retail**
- **i.** to continue to maintain the retail side of the company including continuing to produce publish the Source catalogue.
## **b. Ministry**
- **i.** to continue the visits to Uganda to provide teaching to pastors and church members;
- **ii.** to continue to provide funding for church buildings and other projects in Uganda.
- **iii.** To continue to work with Zerubbabel Ministries, building up a team of young people and supporting them through education and in their personal lives.
## **Part 2 – Strategy**
- **i.** The work of distribution of published books was to continue to be done through bookshops.
- **ii.** The staff would continue to seek to find ways to increase retail sales by promoting the website and catalogue
- **iii.** The staff would make visits to Uganda to give teaching and financial help.
- **iv.** The directors would be open to further ways to alleviate hardship etc. in Uganda.
## **Part 3 – Activities, progress and results**
Work was somewhat impeded by the covid pandemic which resulted in some reduced sales from the closure of shops etc.
## **a) Publishing: Distribution of books**
- **i. Distribution.** Distribution through CLC continues to be effective.
- **ii. Marketing.** Our books being well established no new marketing was undertaken.
**By the end of the year, 17,049 (previous: 19,571, 27,636 32,677, 27,396 , 44,936, 55,630) items had been sold. Total sales for retail and publishing came to £28,259.74.**
## **b) Publications**
No new books were published but work was begun on three new titles.
## **d) RHP Ministries**
Work continued with Vision Uganda. £3859 was given to help with church construction etc. and £22608 was given to our partner organization Zerubbabel Ministries Uganda supporting children and young adults through education. One of our Directors spent 6 months in Uganda and set up a home for street children.
## **e) Tabernacle Books**
Tabernacle Books continued to trade and build up its customer base. A charity shop was established within Tabernacle Books to help provide funds for the Ugandan work.
## **f) The Source**
The catalogue continued to generate sales..
## **g) Staff**
No paid staff were employed during this period.
## **Part 4 – The future**
**Rickfords Hill Publishing** continues to meet an important need in providing excellent Christian literature at affordable prices and providing assistance to needy Christians in Africa. This should continue.
## **a) Reprinting**
Work should continue on new publications, some of which are in the pipeline.
## **b) Tabernacle Books**
Work should continue to make the shop known to local Christians.
## **c) Uganda**
The work in Uganda should expand as opportunities arise and support for Subi House for former street children should continue.
## **d) The Source**
The catalogue should continue to be published.
**Since Rickfords Hill Publishing Ltd. is a charitable company with a gross income of less than £90,000, an independent examination of accounts was arranged.**
TEG Harrison Date 18/08/2022 Signed on behalf of the Trustees
## **Financial Report 30 September, 2021 Period 1/10/2020 to 30/09/2021**
## **A. Income and expenditure:**
**1/10/2020 - 30/09/2021 Publishing and Retail** Income: 41683.92 Expense: 22,725.37
## **RHP Ministries**
Income (gifts): £23,050 Expenses and grants: £26,467.93
## **Whole Charity**
Total Income: 64734.27 Total Expenses: £49,193.30
## **B. Balance sheet: notable figures**
Current loans: £149840.13
Publishing Bank account: £8930.76 Ministry Bank Account: £1353.45 Tabernacle Books: 6636.99 Stock assets of books at cost price: £107,681.81 Equipment (computers, forklift, etc.): £1178.49
Projected value of stock at sale price: circa £213,000
**Total Assets: £129,295.39 Total current liabilities: £148,843.43 Total equity: -£19,548.04**
## **Rickfords Hill Publishing**
## **Balance Sheet Report**
_To: 30 September, 2021_
|**ASSETS**|**ASSETS**||
|---|---|---|
|**Fixed Assets**|||
|0031 - Office equipment and IT - Accumulated Depreciation
967.80|||
|0040 - Fixtures and fittings - Cost|210.69||
||**Total Fixed Assets**|**£1,178.49**|
|**Current Assets**|||
|1000 - Stock|107,681.81||
|1100 - Trade Debtors|639.32||
|1200 - Current|6,636.99||
|1210 - Cash|2,505.67||
|1220 - PayPal|368.90||
|1230 - RickfordHill|8,930.76||
|1260 - RHP Ministries|1,353.45||
||**Total Current Assets**|**£128,116.90**|
||||
||**TOTAL ASSETS**|**£129,295.39**|
||||
|**LIABILITIES**|||
|**Current Liabilities**|||
|1240 - Loan DH|79,250.00||
|1250 - Loan TH|70,590.13||
|2100 - Trade Creditors|155.34||
|2211 - Other taxes to pay to HMRC|-954.01||
|10301 - Evo|3.04||
|VAT|-201.07||
|_2200 - VAT on Sales_|37.39||
||||
03 Aug 2022 17:14
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|_2201 - VAT on Purchases_
-238.46||
|---|---|
|**Total Current Liabilities**|**£148,843.43**|
|**Future Liabilities**||
|||
|**Total Future Liabilities**|**£0.00**|
|||
|**TOTAL LIABILITIES**|**£148,843.43**|
|||
|**TOTAL NET ASSETS**|**-£19,548.04**|
|||
|**EQUITY**||
|Net Profit / Loss
-19,548.04||
|_Net Profit / Loss (prior year(s))_
-139,112.80||
|_Net Profit / Loss (current year)_
119,564.76||
|**TOTAL EQUITY**|**-£19,548.04**|
03 Aug 2022 17:14
Page 2 of 2
## **Rickfords Hill Publishing**
## **Profit and Loss Report**
_01 October, 2020 - 30 September, 2021_
|**Sales**|||
|---|---|---|
|4000 - Sales Type A|41,967.66||
|4009 - Sales Discounts|-13,707.92||
|4900 - Other income|14,099.15||
|10305 - Uganda Gift|23,050.35||
|102224 - VAT|-674.97||
||**Total Sales**|**£64,734.27**|
|**Direct Expenses**|||
|5000 - Cost of sales - goods|3,294.03||
|5015 - Cost of sales - delivery|204.55||
|5100 - Carriage on Purchases|13.76||
|5201 - Change in stock value|10,359.82||
|10000 - Ebay Fees|14.41||
|10206 - Printing|428.14||
|10304 - PayPal Fees|88.38||
|10306 - Grants to Uganda Churches|3,859.59||
|102212 - Card Charges|79.74||
|102226 - Zerubbabel|22,608.34||
||**Total Direct Expenses**|**£40,950.76**|
||**GROSS PROFIT / LOSS**|**£23,783.51**|
|**Overheads**|||
|2300 - AVDC Business|240.64||
|6200 - Marketing|4,956.92||
|7500 - Office costs|310.20||
|7600 - Legal and Professional|13.00||
|7610 - Insurance|618.68||
||||
03 Aug 2022 17:14
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|7800 - Repairs and renewals
486.36||
|---|---|
|7900 - Bank charges and interest
396.60||
|8000 - Depreciation
228.43||
|8200 - General Expenses
170.00||
|9999 - Corrections
-674.97||
|10202 - Telephone/Broadband
620.86||
|10203 - EposNow
425.00||
|10205 - Website
274.93||
|10302 - Merchant Terminal
175.89||
|**Total Overheads**|**£8,242.54**|
|**NET PROFIT / LOSS**|**£15,540.97**|
03 Aug 2022 17:14
Page 2 of 2
CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's report
on the accounts
Section A
Independent Examiner's Report
Report to the
trusteesldirectorsl
members of
Rickfords Hill Publishing Ltd.
On accounts for the year
ended
30 September 2021
Charity no.:
1096249
Company no.:
4500076
Set out on pages
I report to Ihe char'rty trustees on my examination of the accounts of the
Company for the year ended 3010912021.
As the charrty's trustees of the Company (who are also the directors of the
company for the purposes of company lawl, you are responsible for the
preparation of the accounts in accordan with the requirements of the
Companies Act 2006 ("the 2006 Act").
Having satisfied myself that the accounts of the Company are not required
lo be audited for this year under Part 16 of the 2006 Act and are eligible for
independent examination, I report in respect of my examinalion of your
charity'5 accounts as Carried out under section 145 of the Charities Act 2011
{'the 2011 Act"). In carrying out my examination. I have followed the
Directions given by the Charity Commission {under section 145{5llb) of Ihe
2011 Act.
Responsibilities and
basis of report
Independent
examiner's statement
I have completed my examination. I confirm Ihat no material matters have
come to my attention which gives me cause to believe that..
accounting records were not kept in accordance with section 386 of the
Companies Act 2006., or
the accounts do not accord wth such records., or
the accounts do not comply with relevant accounting requirements under
section 396 of the Companies Act 2006 other than any requifemenl that the
accounts give a 'tnJe and fair. view which is not a matter considered as part
of an independent examination., or
.Ihe accounts have not been prepared in accordance with the Charities
SORP (FRS102)
I have no concerns 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 proper understanding of the accounts to be reached.
Please delete the words in the brackets if they do not apply.
Signed:
Date:
IER
October 2018
Name:
Michael Scott Hotard
Relevant professional
qualification{sl or body
Ilf any):
MIMI
Address:
85 Spring Lane
Great Horwood
Milton Keynes, MK17 OQP
Section B
Disclosure
Only complete if the examiner needs to highlight material matters of conrn
(see CC32, Independent examination of charity accounts.. directions and
guidance for examiners).
Give here brief details of
any items that the
examiner wishes to
disclose.
IER
October 2018