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||`Page`|
|---|---|
|`Trustees'report`|`1-10`|
|`Independentauditor'sreport`|`11-14`|
|`Statementoffinancialactivities`|`15`|
|`Balancesheet`|`16`|
|`Statementofcashflows`|`17`|
|`Notestothefinancialstatements`|`18-27`|





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## 29 March 2023 



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||||`Unrestricted`|`Unrestricted`|
|---|---|---|---|---|
||||`funds`|`funds`|
||||`2022`|`2021`|
|||`Notes`|`£`|`£`|
|`Incomefrom:`|||||
|`Donationsandlegacies`|||`1,057,870`|`3,540`|
|`Charitableactivities`|||`4,495,712`|`3,506,374`|
|`Investments`|||`1,565`|`240`|
|`OtherIncome`|||`43,037`|`1,395`|
|`Totalincome`|||<br>`5,598,184`|<br>`3,511,549`|
|`Expenditureon:`|||||
|`Charitableactivities`||`3`|<br>`5,361,911`|<br>`5,651,570`|
|`Netincome/(expenditure)fortheyear/`|||||
|`Netmovementin`|`funds`||`236,273`|`(2,140,021)`|
|`Fundbalancesat`|`1July2021`||`9,651,274`|`11,791,295`|
|`Fundbalancesat`|`30June2022`||<br>`9,887,547`<br> <br>|<br>`9,651,274`<br> <br>|





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||||`2022`|||`2021`|||
|---|---|---|---|---|---|---|---|---|
||`Notes`|`£`||`£`|`£`|||`£`|
|`Fixedassets`|||||||||
|`Intangibleassets`<br>`Tangibleassets`|`9`<br>`10`|||`108,168`<br>`6,028,175`|||`5,703,931`|`-`<br>|
|||||`6,136,343`|||`5,703,931`||
|`Currentassets`|||||||||
|`Stocks`<br>`Debtors`|`11`<br>`12`|`1,130,640`<br>`963,180`|||`1,250,540`<br>`609,528`||||
|`Cashatbankandinhand`||`2,412,845`|||`2,433,238`||||
|`Creditors:amountsfallingduewithin`||`4,506,665`|||`4,293,306`||||
|`oneyear`|`13`|`(755,461)`|||`(345,963)`||||
|`Netcurrentassets`||||`3,751,204`|||`3,947343`||
|`Totalassetslesscurrentliabilities`||||`9,887,547`|||`9,651,274`||
|`Incomefunds`|||||||||
|`Unrestrictedfunds- general`||||`9,887,547`|||`9,651,274`||
|||||`9,887,547`|||`9,651,274`||





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||`Notes`|`£`|`2022`<br>|<br>`£`|`£`|`2021`<br>|<br>`£`|
|---|---|---|---|---|---|---|---|
|`Cashflowsfromoperatingactivities`||||||||
|`Cashgeneratedfrom/(absorbedby)`<br>`operations`|`15`|||`1,124,981`|||`(3,123,045)`|
|`Investingactivities`||||||||
|`Purchaseofintangibleassets`<br>`Purchaseoftangiblefixedassets`<br>`Proceedsfromdisposaloftangiblefixed`<br>`assets`<br>`Investmentincomereceived`||`(144,224)`<br>`(1,134,750)`<br>`132,035`<br>`1,565`|<br>||`(16,211)`<br>`572`<br>`240`|||
|`Netcashusedininvestingactivities`||||`(1,145,374)`|||`(15,399)`|
|`Netcashusedinfinancingactivities`||||||||
|`Netdecreaseincashandcashequivalents`||||`(20,393)`|||`(3,138,444)`|
|`Cashandcashequivalentsatbeginningofyear`||||`2,433,238`|||`5,571,682`|
|`Cashandcashequivalentsatendofyear`||||`2,412,845`|||`2,433,238`|





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|`Freeholdlandandbuildings`<br>`Plantandequipment`<br>`Fixturesandfittings`|`Freeholdlandisnotdepreciated,buildingsaredepreciatedat`<br>`2%`<br>`10/20/33.33%straightlinedependantontheexpectedlifeof`<br>`theasset`<br>`10/20/33.33%straightlinedependantontheexpectedlifeof`<br>`theasset`|
|---|---|
|`Motorvehicles`|`20%straightline`|





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||`Production`|`Production`|
|---|---|---|
||`ofBibles`|`ofBibles`|
||`and`|`and`|
||`Christian`|`Christian`|
||`Literature`|`Literature`|
||`2022`|`2021`|
||`£`|`£`|
|`Staffcosts`<br>`Depreciationandimpairment`<br>`ProductionofBiblesandChristianLiterature`<br>`Lossondisposaloffixedassets`<br>`Foreignexchangelosses`|`1,817,768`<br>`603,843`<br>`2,617,070`<br>`110,488`<br>`7,481`|`2,019,825`<br>`567,949`<br>`2,883,515`<br>`-`<br>`-`|
||<br>`5,156,650`|<br>`5,471,289`|
|`Shareofgovernancecosts(seenote4)`|`205,261`|`180,281`|
||<br>`5,361,911`|<br>`5,651,570`|



|||`2022`|`2021`|
|---|---|---|---|
|||`£`|`£`|
||`Auditfees- Auditservices`<br>`Auditfees- Otherservices`<br>`Accountancyfees`<br>`Legalandprofessional`<br>`Consulting`|`16,500`<br>`-`<br>`70,093`<br>`39,727`<br>`78,941`|`16,675`<br>`1,175`<br>`71,998`<br>`42,117`<br>`48,316`|
|||<br>`205,261`|<br>`180,281`|
||`Analysedbetween`|<br>|<br>|
||`Charitableactivities`|<br> <br>`205,261`|<br> <br>`180,281`|
|`Governancecostsincludespaymentstotheauditorsof£16,500(2021-`||<br> `£17,850)forauditfees.`||
|`5`|`Netexpenditure`|`2022`|`2021`|
||`Netexpenditurefortheyearincludes:`|`£`|`£`|
||`Auditfees`<br>`Depreciationoffixedassets`<br>`Amortisationofintangibleassets`<br>`Netexpenditurestockrecognisedasexpense`|`16,500`<br>`567,983`<br>`36,056`<br>`2,355,128`|`16,750`<br>`567,949`<br>`-`<br>`2,752,279`|





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|`Theaveragemonthlynumberofemployeesduringt `|`heyearwas:`||
|---|---|---|
||`2022`|`2021`|
||`Number`|`Number`|
||<br> <br>`29`|<br> <br>`28`|
|`Employmentcosts`|`2022`|`2021`|
||`£`|`£`|
|`Wagesandsalaries`<br>`Socialsecuritycosts`<br>`Otherpensioncosts`|`1,597,400`<br>`206,831`<br>`13,537`|`1,796,501`<br>`208,567`<br>`14,757`|
||<br>`1,817,768`|<br>`2,019,825`|



|`Thenumberofemployeeswhoseannualremunerationwasmorethan£60,000`<br>`isasfollows:`|||
|---|---|---|
||`2022`|`2021`|
||`Number`|`Number`|
|`£70,001`<br>`-£80,000`<br>`£80,001`<br>`-£90,000`<br>`£90,001`<br>`-£100,000`<br>`£100,001`<br>`-£110,000`<br>`£110,001`<br>`-£120,000`<br>`£120,001`<br>`-£130,000`<br>`£130,001`<br>`-£140,000`<br>`£140,001`<br>`-£150,000`|`1`<br>`5`<br>`1`<br>`2`<br>`1`<br>`2`<br>`1`|`1`<br>`4`<br>`5`<br>`2`<br>`1`<br>`-`<br>`1`|





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|`Intangiblefixedassets`||
|---|---|
||`Websitedevelopmentcosts`|
||`£`|
|`Cost`||
|`At`<br>`1July2021`||
|`Additions- separatelyacquired`|`144,224`|
|`At30June2022`|`144,224`|
|`Amortisationandimpairment`||
|`At1 July2021`||
|`Amortisationchargedfortheyear`|`36,056`|
|`At30June2022`|`36,056`|
|`Carryingamount`||
|`At30June2022`|`108,168`|
|`At30June2021`||



## 

|`Tangiblefixedassets`||||||
|---|---|---|---|---|---|
||`Freeholdland`<br>`andbuildings`|`Plantand`<br>`equipment`|`FixturesandMotorvehicles`<br>`fittings`||`Total`|
|`Cost`|`£`|`£`|`£`|`£`|`£`|
|`At1 July2021`<br>`Prioryearadjustment`<br>`At`<br>`1July2021`<br>`-asrestated`<br>`Additions`<br>`Disposals`|`6,916,239`<br>`-`<br>`6,916,239`<br>`19,573`<br>`-`|`3,838,897`<br>`(227,800)`<br>`3,611,097`<br>`1,115,177`<br>`(504,295)`|`644,815`<br>`(2,914)`<br>`641,901`<br>`-`<br>`(10,000)`|`56,985`<br>`71,318`<br>`128,303`<br>`-`<br>`-`|`11,456,936`<br>`(159,396)`<br>`11,297,540`<br>`1,134,750`<br>`(514,295)`|
|`At30June2022`|<br>`6,935,812`|<br>`4,221,979`|<br>`631,901`|<br>`128,303`|<br>`11,917,995`|
|`Depreciationandimpairment`||||||
|`At1 July2021`<br>`Prioryearadjustment`<br>`At1 July2021`<br>`-asrestated`<br>`Depreciationchargedintheyear`<br>`Eliminatedinrespectofdisposals`|`2,037,279`<br>`-`<br>`2,037,279`<br>`272,875`<br>`-`|`3,129,865`<br>`(227,800)`<br>`2,902,065`<br>`244,868`<br>`(271,772)`|`568,916`<br>`(2,914)`<br>`566,002`<br>`28,814`<br>`-`|`16,945`<br>`71,318`<br>`88,263`<br>`21,426`<br>`-`|`5,753,005`<br>`159,396`<br>`5,593,609`<br>`567,983`<br>`(271,772)`|
|`At30June2022`|<br>`2,310,154`|<br>`2,875,161`|<br>`594,816`|<br>`109,689`|<br>`5,889,820`|
|`Carryingamount`||||||
|`At30June 2022`|`4,625,658`|`1,346,818`|`37,085`|`18,614`|`6,028,175`|
|`At30June2021`|<br>`4,878,960`|<br>`709,032`|<br>`75,899`|<br>`40,040`|<br>`5,703,931`|





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|||`2022`|`2021`|
|---|---|---|---|
|||`£`|`£`|
||`Rawmaterialsandconsumables`<br>`Workinprogress`<br>`Finishedgoodsandgoodsforresale`|`176,336`<br>`15,005`<br>`939,299`|`158,170`<br>`20,892`<br>`1,071,478`|
|||<br> <br> <br>`1,130,640`|<br> <br> <br>`1,250,540`|
|`12`|`Debtors`|||
||`Amountsfallingduewithinoneyear:`|`2022`<br>`£`|`2021`<br>`£`|
||`Tradedebtors`<br>`Otherdebtors`<br>`Prepaymentsandaccruedincome`|<br>`124,829`<br>`571,945`<br>`266,406`|<br>`275,212`<br>`165,162`<br>`169,154`|
|||<br> <br> <br>`963,180`|<br> <br> <br>`609,528`|
|`3`|`Creditors:amountsfallingduewithinoneyear`|||
|||`2022`|`2021`|
|||`£`|`£`|
||`Othertaxationandsocialsecurity`<br>`Deferredincome`<br>`Tradecreditors`<br>`Othercreditors`<br>`Accrualsanddeferredincome`|`25,226`<br>`384,215`<br>`192,707`<br>`11,727`<br>`141,586`|`-`<br>`6,523`<br>`203,656`<br>`3,476`<br>`132,308`|
|||<br>`755,461`<br> <br>|<br>`345,963`<br> <br>|





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|`14`|`Deferredincomereconciliation`|||
|---|---|---|---|
|||`2022`|`2021`|
|||`£`|`£`|
||`Broughtforward`<br>`Newincomedeferred`<br>`Releasedtoincome`|`6,523`<br>`384,215`<br>`(6,523)`|`1,608,559`<br>`6,523`<br>`(1,608,559)`|
||`Carriedforward`|<br> <br> <br>`384,215`|<br> <br> <br>`6,523`|
|`15`|`Cashgeneratedfromoperations`|`2022`|`2021`|
|||`£`|`£`|
||`Surplus/(deficit)fortheyear`|`236,273`|`(2,140,021)`|
||`Adjustmentsfor:`|||
||`Investmentincomerecognisedinstatementoffinancialactivities`<br>`Lossondisposaloftangiblefixedassets`<br>`Depreciationandimpairmentoftangiblefixedassets`|`(1,565)`<br>`110,488`<br>`604,039`|`(240)`<br>`-`<br>`567,949`|
||`Movementsinworkingcapital:`|||
||`Decrease/(increase)instocks`<br>`(Increase)/decreaseindebtors`<br>`Increaseincreditors`<br>`Increase/(decrease)indeferredincome`|`119,900`<br>`(353,652)`<br>`31,806`<br>`377,692`|`(141,767)`<br>`160,586`<br>`32,484`<br>`(1,602,036)`|
||`Cashgeneratedfrom/(absorbedby)operations`|<br>`1,124,981`|<br>`(3,123,045)`|



## 

||`2022`|`2021`|
|---|---|---|
||`£`|`£`|
|`Withinoneyear`<br>`Betweentwoandfiveyears`<br>|`38,482`<br>`-`<br> <br>|`48,600`<br>`3,784`<br> <br>|





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