**Charity no. 1096249**
# **Rickfords Hill Publishing Ltd. Trustees’ Annual Report 30/09/2025**
## **A) Charity information B)**
**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 01/10/2024 30/09/2025**
## **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
- **iii.** to continue work on the new Christian song book
- **iv.** To continue work on a series of new books that would be guides to different aspects of the Christian life
- **v.** to re-obtain book rights as necessary
## **b. Retail**
- **i.** to continue to maintain the retail side of the company including continuing to 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 work with Zerubbabel Ministries (Uganda), building up a team of young people and supporting them through education and in their personal lives; supporting the Zerubbabel home for former street children and the other Zerubbabel activities.
## **Part 2 – Strategy**
- **i.** The work of distribution of published books was to continue to be done through bookshops.
- **ii.** Publishing staff would continue to work on the new titles and rights issues.
- **iii.** The staff would continue to seek to find ways to increase retail sales by promoting the website and catalogue
- **iv.** The staff would make visits to Uganda to give teaching and monitor the projects receiving grants.
- **v.** The directors would seek to raise funds to support the projects in Uganda.
## **– Part 3 Activities, progress and results**
## **a) Publishing: Distribution of books**
- **i. Distribution.** Distribution through Kingsway CLC continues to be effective.
- **ii. Marketing.** Our books being well established no new marketing was undertaken.
**By the end of the year, 23,896 (previous: 22,356 28,468, 28,617, 17,049, 19,571, 27,636 32,677, 27,396, 44,936, 55,630) items had been sold through the wholesaler. Total sales for retail and publishing came to £32,682 (previous £29,678 £30,156).**
## **b) Publications**
More work was done on the new song book with two thirds of the music resetting done.
## **d) RHP Ministries**
Work continued with Vision Uganda. £91,589 (previous years: £60,391 £69,715) was given to our partner organization Zerubbabel Ministries Uganda, rescuing street children and supporting children and young adults through education. A new project was started by Zerubbabel Ministries working in a slum area of Jinja City, sponsoring many young children in school and starting a church.
## **e) Tabernacle Books**
Tabernacle Books continued to trade.
## **f) The Source**
A catalogue was not sent out during this period due to time constraints.
## **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 young people and churches in Africa. This should continue.
## **a) New publications**
Work should continue on new publications, some of which are in the pipeline.
## **b) Tabernacle Books**
The shop should continue to be open on a daily basis.
## **c) Uganda**
The work in Uganda should expand as opportunities arise and support for Zerubbabel Ministries 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 £250,000, an independent examination of accounts was arranged.**
TEG Harrison Signed on behalf of the Trustees
Date 01/07/2026
## **Financial Report 30 September, 2024**
## **Period 1/10/2023 to 30/09/2024**
## **A. Income and expenditure:**
## **1/10/2023 ‒ 30/09/2024**
**Publishing and Retail** Income: 32,682 Expense: 18,395 Overheads: 5,469
**RHP Ministries** Income (gifts): £116,863 Expenses and grants: £91,589
## **Whole Charity**
Total Income: £150,047 Total Expenses: £115,454
## **B. Balance sheet: notable figures**
Current loans: £105,131.14
Publishing Bank account: £6,330.63 Ministry Bank Account: £402.28 Tabernacle Books: £4000.58 Stock assets of books at cost price: £116,376.94 Equipment (computers, forklift, etc.): £1634.37
Projected value of stock at sale price: circa £163,000
**Total Assets: £130,092.23 Total current liabilities: £104,837.33 Total equity: -£25,254.90**
## **Rickfords Hill Publishing**
## **Profit and Loss Report**
_01 October, 2024 - 30 September, 2025_
|**Sales**|||
|---|---|---|
|4000 - Sales Type A|55,142.42||
|4009 - Sales Discounts|-23,778.78||
|4900 - Other income|72.56||
|10210 - Leaflets|1,051.90||
|10211 - Posters|193.96||
|10305 - Uganda Donations|116,863.00||
|102224 - VAT|502.27||
||**Total Sales**|**£150,047.33**|
|**Direct Expenses**|||
|5000 - Cost of sales - goods|6,938.00||
|5010 - Cost of sales - materials|1,968.00||
|5015 - Cost of sales - delivery|1,316.34||
|5100 - Carriage on Purchases|5.84||
|5201 - Change in stock value|7,382.77||
|10206 - Printing|511.43||
|10303 - Transaction Charges|107.25||
|10304 - PayPal Fees|165.67||
|102212 - Card Charges|0.07||
|102226 - Grants|91,589.17||
||**Total Direct Expenses**|**£109,984.54**|
||**GROSS PROFIT / LOSS**|**£40,062.79**|
|**Overheads**|||
|7100 - Rates|304.39||
||||
24 Jul 2026 10:39
Page 1 of 2
|7500 - Office costs
666.72||
|---|---|
|7600 - Legal and Professional
699.62||
|7610 - Insurance
691.20||
|7800 - Repairs and renewals
310.05||
|7900 - Bank charges and interest
245.69||
|8000 - Depreciation
198.30||
|8200 - General Expenses
198.00||
|9999 - Corrections
249.37||
|10202 - Telephone/Broadband
839.72||
|10203 - EposNow
487.40||
|10205 - Website
274.89||
|10209 - Graphics
112.00||
|10302 - Merchant Terminal
191.88||
|**Total Overheads**|**£5,469.23**|
|**NET PROFIT / LOSS**|**£34,593.56**|
24 Jul 2026 10:39
Page 2 of 2
## **Rickfords Hill Publishing**
## **Balance Sheet Report**
_To: 30 September, 2025_
|**ASSETS**|**ASSETS**||
|---|---|---|
|**Fixed Assets**|||
|0030 - Office equipment and IT - Cost
256.29|||
|0031 - Office equipment and IT - Accumulated Depreciation
1,167.39|||
|0040 - Fixtures and fittings - Cost|210.69||
||**Total Fixed Assets**|**£1,634.37**|
|**Current Assets**|||
|1000 - Stock|116,376.94||
|1100 - Trade Debtors|1,194.47||
|1200 - Current|4,000.58||
|1210 - Cash|94.93||
|1220 - PayPal|58.03||
|1230 - RickfordHill|6,330.63||
|1260 - RHP Ministries|402.28||
||**Total Current Assets**|**£128,457.86**|
||||
||**TOTAL ASSETS**|**£130,092.23**|
||||
|**LIABILITIES**|||
|**Current Liabilities**|||
|1240 - Loan DH|61,550.00||
|1250 - Loan TH|43,581.14||
|2100 - Trade Creditors|358.70||
|VAT|-652.51||
||||
24 Jul 2026 10:37
Page 1 of 2
|_2200 - VAT on Sales_
-153.98||
|---|---|
|_2201 - VAT on Purchases_
4.32||
|_2202 - VAT Liability_
-502.85||
|**Total Current Liabilities**|**£104,837.33**|
|**Future Liabilities**||
|||
|**Total Future Liabilities**|**£0.00**|
|||
|**TOTAL LIABILITIES**|**£104,837.33**|
|||
|**TOTAL NET ASSETS**|**£25,254.90**|
|||
|**EQUITY**||
|Net Profit / Loss
25,254.90||
|_Net Profit / Loss (prior year(s))_
25,615.34||
|_Net Profit / Loss (current year)_
-360.44||
|**TOTAL EQUITY**|**£25,254.90**|
24 Jul 2026 10:37
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 thè trustees
Rickfords Hill Publishing Ltd
On accounts for the year130th September 2025
ended
Charity no
lif any)
1096249
1ty5Z49
Set out on pages
I report to the trustees on my examination of the accounts of the above
charity {'the Trust") for the year ended 3010912025
Responsibilities and
basis of report
As the charity's trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011
{"the Act.).
I report in respect of my examination of the Trust's accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, I
have followeé all the applicable Direclions given by the Chariiy Commission
under section 14515)(b) of the Act.
Independent tThe charity's gross income exeded £250,000 and l am qualified to
examiner's statement undertake the examination by being a qualrfied member of linsert name of
applicable listed bodyll. Delete I l rfnot appliGable.
I have completed my examination. I confim that no material matters have
come to my attention in connection wth the examinalion (other than that
disclosed below") which gives me cause to believe that in, any material
respect"
the accounting records were not kept in accordance wilh section 130
of the Charities Act, or
the accounts did not accord with the accounting records., or
the accounts did not comply with the applicable requirements
conceming the fomi and content of accounts set out in the Charities
(Accounts and Reports) Regulations 2008 other than any requirement
thal the accounts give a Irue and fair, view which is not a matter
considered as part of an independent examination.
I have no concems and have come across no other matters in connection
wrth the examination to which attention should be drawn in Ihis report in
order to enable a proper understanding of the accounts to be reached.
Please delete the words in the brackets rf they do not apply.
Signed:
Date:
2810712026
Name:
Mike Hotard
Relevant professional
qualification{s> or body
IER
Oct 2018
## Independent Examination of Rickfords Hill Charity Accounts
## – For the period 1[st] Oct 2024 30[th] Sep 2025
For the purposes of the examination, I have used the following guidance document:
CC32_independent_examination_of_charity_accounts_Version_June_2021.pdf
A copy of the document can be found at:
https://www.gov.uk/government/publications/independent-examination-of-charityaccounts-examiners-cc32
Rickfords Hill Publishing (RHP) is registered with the Charities Commission
Rickfords Hill Publishing Trustees have elected to prepare accounts on a Receipts and Payments basis as required under section 133 of the Charities Act 2011
Section 145(1) of the Charities Act 2011 requires an annual examination of the RHP accounts
RHP accounts have been prepared on a ‘Receipts and Payments basis, using Sage accounting software
The Charity Commission requires that the examiner must keep a record of their examination and the conclusions reached which is sufficient to allow a third party unconnected with their work to conclude that they have followed the Directions
This document is the record of the examination and the conclusions reached
I have been approached by the Treasurer of RHP and have accepted to undertake an Independent Examination of the accounts.
I have previous experience as a member of a Winslow Christian Fellowship, of undertaking their Treasurer role for 2 years.
Michael Hotard 85 Spring Lane Great Horwood Milton Keynes, MK17 0QP
IE Report of RHP Accounts 2024-25
Page 2 of 8
8 July 2026
Table of Contents
|1.|Charity Commission Independent Examination Direction|Page 3 - 4|
|---|---|---|
|2.|Approach|Page 5|
|3.|Review of Accounts, Transactions and Reporting|Page 6 - 7|
|4.|Independent Examiners Report|Page 8|
IE Report of RHP Accounts 2024-25
Page 3 of 8
8 July 2026
## **1. Charity Commission Independent Examination Direction**
|Direction 1|Check whether the charity,
RHP, is eligible to have an
independent examination|RHP does not have gross
income above £250,000 and the
aggregate value of assets
(before deduction of liabilities)
does not exceed £3.26 million|Confirmed|
|---|---|---|---|
|Direction 2|Check for any conflict of
interest that prevents the
examiner from carrying out
their independent
examination|As the Independent Examiner of
the accounts:
I am not associated with RHP.
I am not a donor to RHP.
I am known to the RHP
Treasurer but do not have close
personal relationships with the
Treasurer or the Trustees.
There are no matters that would
reasonably give rise to a
perception of my independence
that would affect my ability to
carry out the examination in a
wholly objective manner.|Conflict of
Interest
checked|
|Direction 3|The examiner must keep a
record of their examination
and the conclusions reached|The examiner’s working papers
must provide details of the work
undertaken and support any
conclusions reached|This document|
|Direction 4|Obtain an understanding of
the charity’s constitution,
objectives, organisational
structure, the funds
managed, its activities and
accounting records and
systems|Charity documents reviewed
and a familiarisation meeting
held with the Charities’
Treasurer to gain an
understanding of RHP and its
accounting records and systems.
An approach to the Examination
is considered in section 2 of this
document|Completed|
|Direction 5|Check that accounting
records are kept to the
required standard|All checks made of the accounts
have been accurate|Confirmed|
|Direction 6|Check that the accounts are
consistent with the
accounting records|The Charity Commission
report document for 2024-25
has been reviewed and is
confirmed as accurate|Checked|
|Direction 7|Applies to Accrual accounts
only.||Not applicable|
IE Report of RHP Accounts 2024-25
Page 4 of 8
8 July 2026
|Direction 8|Check the reasonableness of
the significant estimates and
judgments and accounting
policies used in accounting
for the types of fund held
and in the preparation of the
accounts|The accounts contain no
estimates. Judgments are made
as to which category a receipt
or payment should be allocated,
however these are clearly
assigned within the Sage
accounting system and
considered reasonable.|No Issues|
|---|---|---|---|
|Direction 9|Consider thefinancial
circumstances of the charity
at the end of the reporting
period.|RHP accounts show the charity
operates with a comfortable
surplus.|No concern|
|Direction 10|Check the form and content
of the accounts|The accounts are reported and
have been checked for
completeness and accuracy|Completed|
|Direction 11|Identify items from the
analytical review of the
accounts that need to be
followed up for further
explanation or evidence|There are no issues arising
which require follow-up|Completed|
|Direction 12|Compare the trustees’
annual report with the
accounts|The annual report is generated
by Sage software therefore the
figures used in the report will be
identical and no comparison is
necessary||
|Direction 13|Write and sign the
independent examination
report|
Page 8 of this document|Completed|
IE Report of RHP Accounts 2024-25
Page 5 of 8
8 July 2026
## **2. Approach**
Given that all transactions are recorded using the Sage accounting system, the examination will focus on testing a sample of each category for both receipts and payments. The checks will include:
- Comparison of the account records against bank statements
- Comparison of annual totals against the previous year
- The consistency of regular payments
- Consideration whether payments are judged to be normal/appropriate/complete/valid
- Checks that invoices are correctly recorded against payments
- Identifying any payments not consistent with RHP activities
- Review of the reasonableness of large payments
- Confirmation that the End of Year account statement reflects the accounting records
The checks will be made against Receipts and Purchases :
For RECEIPTS, these will be from sales invoices generated and recorded in Sage
For PAYMENTS, these will be against suppliers documentation against purchases recorded in Sage
IE Report of RHP Accounts 2024-25
Page 6 of 8
8 July 2026
## **3. Review of Accounts, Transactions and Reporting**
|Confirm opening and closing
bank balances tally with
Sage|The opening1st October 2024 and
closing 30thSeptember 2025 three
bank statements balances matches
onSage. Accounts ending:
112 – £3088.96 / £6330.63
490 - £286.54 / £402.28
173 - £5386.77 / £3754.05|Confirmed|
|---|---|---|
|Confirm income is greater
then previous year|2024-25 income is over 61% higher
than the previous year.|Gifts for Uganda
work up
significantly|
## Comparison of annual income
|mparison of annual income|||
|---|---|---|
||**2024-25**|**2023-24**|
|Receipts|**150,047**|**92960**|
|Direct Expenses|**109,984**|**83650**|
|Overheads|**5469**|**8243**|
||||
||||
|GROSS INCOME|**34,593**|**1066**|
||||
||||
||||
|Confirm income is matched
by a similar sum of
payments|Annual Income and Donations
reviewed|Confirmed|
|---|---|---|
|Confirm sales and
invoices match|Receipts have been clearly defined
and correctly accounted.|Reviewed and
appear complete
and valid|
||||
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8 July 2026
IE Report of RHP Accounts 2024-25
|Direct expenditure|Comprising of: Cost of Sales goods
and materials, delivery, purchases
carriage, Stock value changes,
printing, transaction charges,
PayPal fees andgrants.|Reviewed and all
appear ‘normal and
appropriate’|
|---|---|---|
||||
|Overheads|Comprising of: Office costs, Legal
and professional, Insurance, Repairs
and renewals, Bank charges and
interest, Depreciation, General
expenses, Corrections, Telephone,
Broadband, EposNow, Website,
Graphics, Merchant terminal|Reviewed and
considered
appropriate|
|Review Large payments|Large payments over £1000.
Checked payments have appropriate
invoice images correctly recorded in
the accounts system|Reviewed and
considered ‘normal’|
|Confirm GROSS PAYMENTS
is similar to previous years|There were no payments considered
to be ‘not appropriate’|Confirmed|
|Check that a sample of
payments have invoices
correctly recorded against
them||Confirmed|
|Compare sample of banking
transactions with Sage||Checked random
sales and purchase
transactions all
correctly recorded|
|Identifying any payments
not consistent with RHP
activities||None|
IE Report of RHP Accounts 2024-25
Page 8 of 8