Charity number: 1121552
Company number.. 6347617
CHRISTIANITY EXPLORED
(A company Ilmlted by guarantee)
Report and Financlal Statements
For the year to 31 December 2022
IIJlNii￿lil
2eI0812023
COMPANIES HOUSE
#154

CHRISTIANITY EXPLORED
Financial statements for the
ear to 31 December 2022
Contents
Pages
Legal and adminislr8tive infomiation
Report of the trustees
Independent Auditors. report
ststement of financial activities
Balance sheet
Cash Flow Statement
10
Notes f￿MIng part of the financial statements
11-17

CHRISTIANITY EXPLORED
al and administrative information
Reglsterod Charlty Number". 1121552
Company Number:
6347617
Trustees
Revd R l Tice
Mr J McDowell
Mr J Marshall Irelired 10th February 2022)
Revd H Palmer {retired 10th February 2022)
Revd T Archer
Mr J Ibbett
Mrs Y Ibbett (retired 9th Fetyuary 20231
Mr W King
Mr K Appleton
Mr A Gordon (appointed 17th May 2022)
Ms S Dawkins lappoinled 12th September 2022)
Mr N Houghton lappointed 12th September 20221
Ms R Fadipe lappointed 1 st December 2022)
Company Secretary
Mr l Roberts
Bankers
Barclays Bank pl
1 Churchill Place
London
E14 SHP
R•gl$t•rèd offlce
86-90 Paul Street
London
EC2A 4NE
Audltors
Jacob Cavenagh & Skeel
5 Robin Hood Lane
Sutton
Surrey
SM12SW
Key Management Personnoj
The Trustees
Mr l Roberts
Mrs K Carter

CHRISTIANITY EXPLORED
Report of the trustees for the year to 31 December 2022
Includln
Re
ort of the dlrectors
Thè Trustees are pleased lo present their rewrt together with the financial statements of the charity for the
year to 31 December 2022.
Legal and administrative information set out on page 1 forms part of this report. The financial statements
comply with the Memofandum of Association. the Compan*s Act 2006. The Charities Act 2011. the Charities
Slalemenl of Recommended Practice (Charitses SORP (FRS 102}l and Financial Repo￿.ng Standard 102
IFRS 102)
Structuro, Govoman¢o and Manogernent
The charity 15 a company limited by guarantee and govemed by ils Memorandum and Articles of Association;
il was incorporated on 20th August 2007 and commenced its aclivities on 1st January 2008. 11 wa5 also
registered with the Char￿Y Commission on 9th November 2007. The Trustees who served during the period
a￿ listed on page 1 ofthis report. The power lo appoint further Trustees is vested by the Art1'c￿S of Association
in the oxisting Trustees.
The Trustees mel four times during the Per￿￿.
New Trustees undergo an induction programme where they are briefed on their legal obligats'ons under charity
and company law, the content of the Memorandum and Articles. the committee and decision-making
processes and other areas of imwjrtance lo the charity. They meel key employees and the other Trustees.
Oblectlvfrs and Activities
The objective, as set out in the MemoraThYum and Afticles of Assxiation is lo advance the Christian faith in.
aeeordance with the slalement of beliefs in¢cwirated within rts C4)nstitution. particularly by:
The worldwide promotion of the Christian faith according to the Bible:
The worldwide promolion and leachirwj of all asFects of the Gospel of Jesus Christ and Christian living.,
and
The worldwide kyomotion of evangelism.
Ils major activities to achieve Ihese objectives indude
lal arrange. prc*Juce. promote and assist in any way in the arrangernent. production and promotion of
Iraining courses. c(￿ferences. Wofkstws. restyjrce cenlres arHJ ￿CtureS and related materials:
Ibl produce. arrange. commission, Pfocure. print, publish, distribute, give and sell Iwhelher in the name
of °Chri5tianity Explored- or otheTh￿se) leaflets. books. magazines. articles. videos. DVDS. CD
roms, films. computer programmes. audio visual aids. and any other multimedia or other
information materials relating lo the Objects of the charity..
(GI to contract publishers to publish and distritmjte resources around the wodd.
Idl to train representatives in the UK and abroad who train others to use the resources:
Achlevements and Perforn)an¢e
Major accomplishments durin9 Ihs period R)cluded:
•Successful launch and marketing of new three-week Hope Explored course. whtch achieved over 23.000
handbook sales in the first year
•High response rale to a user survey the results of which will inform product development Ihroughoul the
next five years
•Well-re¢eived pilot of a new youth resource b¥thich is scheduled for launch in 2023
•Our team joined the Prison Fellowship Intemational conference in Nairobi. Kenya in September 2022 as
11 new countries received training lo implement The Prfsoner'$ Journey. Colleclively these new
ministn'es have pledged to reach into 718 prisons and invtte 279.026 prisoners lo me81 Jesus in the
pages of Mark's Gospel over the next three years.
•Wiva a EsperanGa. the Portuguese version of Hope Expkned. was introduced to pastors al the Pregue
a Palavra {P￿ach the Word) conference in Atibia. Brazil in October 2022.
•Countries of operation pass the 140 mark. New translati￿S are undemay in Amharic. Faroese, Latvian,
and Ormoro.

CHRISTIANITY EXPLORED
Report of the trustees for the year to 31 December 2022
Includin
Rg
ort of th• director5
Flnanclal R¢vlew
In the period under review. the charty had nel expenditure of £128.982 (2021= net income of £69.9961, of
which net expenditure of £66.056 related to restricted funds (2021-. nel income of £4.4851. The nel funds
carried forward al 31 December 2022 amounted to unrestritxed fund5 of £570.297 12021.. £633,223) and
restricted funds of £231.97512021: £298.0311.
Going concem
The Trustees consider that there are no material uncertainties relats'ng to whether the charity can continue as
going concem.
Inveslmenlwlicy
Under the Memorandum and Articles of Association the charity has the powerlo invest in any way the Trustees
think fil. The charity has made such inveslmenls to generate a return and has made no social inveslmenls.
Reservespolicy
The Charity has mcderate reserves built up from previou5 surpluses. These are held for Ihe following reasons..
Primarity to undenyrile years where courses are filmed and Teleased which can more than double our
annual expenditure..
To fvnd working caprtal and non-currenl assets;
To cover three to six months of wre expenditure to insulate against the volatility of ing?me.
Risks
The charty has a risk managemenl policy and a iisk register ratified by the Board which reflects major risks
prevailing and systems and procedures designed to manage them. Risks are classified under 5 headings..
vernance. operalional, financial. external. and compliance. Whilst a walching eye is being kepl on all, none
are deemed lo be significantly high al this momenl in lime.
Fundraising
The charity raises funds through liaison, promoti￿ and correSpc￿dence within its own nehvorks and uses no
third parties. No complaint5 were received during the year.
PubliG benefit
The Trustees confirrn that they have had due regard to the guhlance issued by the Charity Commission with
respect lo the public benefit when planning Iheii activities for the year. Christianity Explored exists lo provide
educational and apologetic material lo explain the Christian faith lo the general public. As noted below this is
very often free. or heavily subsidised and there is a particuLgr fc￿$ on developing countries where users
ability to pay is very often absent or severety constrained.
Resources produced by the Charity are delemiined by Ministerial considerations rather than commercial.
Video resources. in particular. are hugely subsidised from donations, and returns from royalties fall well short
of covering costs. The website and app for those wanting to investigate Chrisb'anity prKJr lo corning on a course
are a150 made available free of charge. Furthermore the network of regK)nal training available is entirely free.
Prison work also conlinues to grow. Chrislianity Explored was formally published in 2013 and Discipleship
Explored in 2014. Minimal royalties are received from sales_ A partnership with Prison Fellowship was agreed
in 2015 whereby Christianity Explored forms the heart of a projramme called "The Prisoners Journey.. By the
end of 2022, over 655,4CQ prisoners had completed the programme. which is available in 36 countries aiound
the worfd.
Internationally. subsidies are often provided lor translations of material and pr&Juclion runs into the developing
world with little or no royalties being received. We believe that somethiThJ like 500,000 people a year use our
series in over 140 countries Wofldwide.
Remuner8tson of k&ymgnagementpersonnel
The Chief Executive. lan Roberts, is responsible for overall management of the charity including international
operations. In the UK our National DIr￿lOr. Kay. Carter. has responsibility for day-tt>day management
including product development. The pay of sen￿r staff is reviewed arsnually and normally increases in
accort1ance with average eamings bearing in mind charities of similar size and activity-
Rico Tice. the evangelist of Al Souls Langham Place. is also a director of the chanty. Payment is made lo All
Souls for his services and those of Grace McDowell. his Personal Assistant. No director rvetved remuneration

CHRISTIANITY EXPLORED
Report of the trustees for the year to 31 December 2022
Includln
Re
ort of thg directors
during the year. Detai15 of directors. expenses and related paty transactions are disclosed in notes 4 and 13
lo the accounts.
Plans for th• futuro
In the coming year we will focus on launching tyjr new cwrse for the Youlh market. called Vox. This will follow
group of six young people who escape the distractions of modern life to contemplate questions of faith. We
will also rebuild our web portal to provide better delivery of our cknurses and restyjrces. and continue script
development for a new version of our flagship Christianity Explored course. which is due for launch in early
2025.
In 2023, we are expanding our partnership with Prison Fellowship Intematr'onal to provide DI￿lPIeshiP
Explored materials as a follow-up course for The Prisoner's Journey. Over 70% of prisoners who complete
TPJ desire to continue lo a discipleship course. We are also working to introduce Christianity Explored
materials lo churches in the countries where PFI have esta￿l$hed networks.
The next phase of development for Christianity Exp￿￿ed globally is to twild a network of reghjnal offices to
support growth. In 2023. we aim lo increase our capaoty thrcwhout North and Latin America, as well as East
Asia and Africa.
Trustefrs. responsibilities in relation to tho financial statements
The Trustees Iwho are also directors for Ihe purposes of company law) are responsit4e for preparing the
Trustees, Report and the financial slalemenls in accordance with applicable law and United Kingdom
-Accounting Stondards (United Kingdom Generally A￿pted A¢￿Unting Practice).
Company law requires the Tnjslees lo prepare financial ststemenls for each financial year which give a true
and fair view of Ihe stale of affairs of the charitable company and of the incoming resources and application
of resources. including the income and expendilure. of the charitable company for that ￿riod. In preparing
these finanGial slalements, the Trustees are requifed to..
Select suitable accounting policies and apply them consistently-.
obseThe the methods and principles in the Charrties SORP-
make judgements and estimates that are reasonable and piudent:
state whether applicable UK Accounting Standards have been folk)wed. subject to any materi81
departures disclosed and explained in the financial statements..
prepare the financial slatemenls on the going concern basis unless it is inappropriate to presume that
the eharilable company will ¢￿tinUe its operations.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy
al any time the financial position of the charitsble company and enable them lo ensure that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of
the chari18Ne conyany arbd hence for taking reasonable steps for the prevents.on of fraud and other
irregularities.
Audltors
A resolution will be proF4)sed at the Annual General Meeting that Jacob Cavenagh & Skeet be re•appointed
auditors lo the charity-
Dl$¢losure of infomiation to audltors
To the knowledge and belief of the Trustees in their ¢apa¢ty as direclors of the compary, there is no relevant
information that the company's audrtors are not aware of. and the Trustees have taken all the steps necessary
lo ensure they are aware of any relevant information, army to establish that the comp8nls auditors are aware
of the information.
Approved by Ihe Trustees on 15 June 2023 and signed on tts behalf by:
Mr K Appleton
Trust90
MrJ Ibbett
Trustee

CHRISTIANITY EXPLORED
Inde
endent auditors, re
ort to the members of Christiani
Ex
lored
Oplnlon
We have audited the financial stalemenls of Chriskn"anity Explored lthe'charity'l the year ended 31 December
2022 which comprise the Statement of Financial Activibes. the Balance Sheet. the Staternenl of Cash Flows
and the notes to the financial stalemenls. including a summary of significant accL)unting policies. The financial
reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Standards. including Financial Repjrting Standard 102 The Financi8lReporting Standard4wIKable in rhe UK
andRepUbl￿ of Irelsndlunrted Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements..
give a true and fair view of the stale of Ihe charilable tharity's affairs as al 31 December 2022 and of
its incoming resources and application of rv60urces for the year then ended-
have been properly prepared in accordance with Uniled Kingdom GeAerally Accepted Accounting
Practice,. arKI
have been prepared in acCOrdar￿ with the requiremenls of the Companies Act 2006.
Ba$ls for oplnlon
We conducted our audtt in aceordancewth Intemational Slandards on Auditing IUKI (ISAS IUKII and applicable
law. Our responsibilities under those stsndards are further described in th& Audilorfs responsibilities for the
audit of the financial statements secb.on of our report. We are independent of the tharitable gjmpany in
accordance with the ethical requirements that are relevant to our audrt of the financial statements in the UK,
including the FRC'S Ethical Standard. and we have fulfilled our other ethical reswnsibililies in accordance with
these requirements. We believe that the audit evidence we have ob18ined is sufficienl and appropriate lo provide
a basis for our opinion.
Concluslons relatlng to golng concern
In auditing the financial slalements. we have concluded that the Iruslees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have perfom)ed. we have not idenlthed any material uncertainties relating lo events or
conditions Ihal. individually or collectsvely. may (asl signrficanl doubl on the charity's ability to continue as a
going concern for a peric4J of al least 12 months from when the financial statements are aulhorised for issue.
Our responsibilities and the responsibilrties of the trustees with respect to gO￿g concern are described in the
relevant sections of this report.
Othèr infomiation
The other infomation comprises the infomiation included in the annual report. including the trustees. report,
other than the financial statements and our audilor's report thereon. The trustees are responsible for Ihe other
information contained wrthin the annual reF)Ort. Our opinion on the financial statements does not cover the other
information and. except to the extent olheThvise explicidy stated in (yJr report. we do not express any form of
assurance condusion thereon.
Our resFJonsibilty 1$ to read the other infomiation and, in doing so. consider whether the ¢)Iher information is
materially inconsistent with the financial slatements or our kno%￿edge oblained in the wurse of the audit. or
otherwise appears to be materialty misstated. If we identify such material inconsistencies or appafenl material
misstatements. we are required to delermine whether this gives rise lo a malerial misstatement in the financial
s18lements themselves. If. based on the work we have performed. we conclude that there is a material
misslalement of this other infomalion, we are required to report that facL
We have nolhing to rep¢)rt in this regard.
Oplnlons on other matters prescrlbed by tho Companles Act 2006
In our opinion. based on Ihe work undertaken in the cOu￿e of our audit=
the information given in the Tnjstees, Rep￿. which includes the tru5tees' report prepared for the
PUfF(Jses of company law. for the financial year for which the financial statements are prepared is
COll51slent with the financial statements. and
the directors, report included within Ihe Trustees. ReFX)rt has been prepared in accordance with
applicable legal requirements.
Mattors on which wo are requlred to report by exception

CHRISTIANITY EXPLORED
Inde
endent auditors. re
ort to the members of Christianit Ex
lored
In the light of the knowledge and understanding of Ihe charity and its enwronment obtained in the cours8 of the
audit. we have not identified material misstatements in the trustees. report included with the Iruslees. repo
We have nothing lo report in respect of the following matters in relation to which the Companies Act 2006
requires us lo report to you if, in our opinion-
adequate and proper accounting records have not been kept, or relums adequate for our audit have
I been received from branches not visited by us.. or
the financial slalements are not in agreement with the accounting record5 and relums- or
certain disclosures of trustees. remunerab.on specified by law are not made," or
we have not received all the Informal￿)n arKI explanations we require for our aydil.. or
the trustees were not entitled lo prepare the financial statements in accordance with the small
companies regime and take advantsge of th8 small companies exemptions in Preparing the trustees,
report and from the requirement io prepare a strategic reporL
Rèsponslbllltles of trustees
As explained more fulty in the tnJstees' responsibilities ststement. the trustees (who are also tho directors of
the charitable company for the pU￿oSe$ of company lawl are responsible for the pfeparalion of the financial
statements and for being salisfied that they gwe a true and fair view. and for such inlemal control as the trustees
determine is necessary lo enable the preparation of financial stalernents that are free from material
misstatement. whether due to fraud or error.
In preparing the finanual statements. the Injstees are responsit4e fc￿ assessing the charity's ability to continue
a5 a going concern. disclosing. as applicable. matters relaled to going concern and using the going concern
basis of accounting unless the trustees erther intend to Liqu￿aLe the charity or to cease operations. or have no
realistic alternative but to do so.
Auditorfs responslblllties for Ihe audlt of the financial ststements
Our obje¢ts'ves are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement. whether due to fraud or error. and to issue an audil0rf5 report that includes our
opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in
accordance with ISAS (UK) will always detect a malerial misstatement when il exists. Misstatements can arise
from fraud or error and are considered material rf. individually or in the aggregate. they could reasonably be
expected to influence the economic decisions of users tsken on the basis of these financial stalements.
The extent lo which our procedures are capable of detecting irregularities. including fraLEd is detailed below:
Based on our underslanding of the charity. we identified that the prirKipal risks of nor¢thcompliance with laws
and regulalions relaled to employment and financial reporting legislation and we considered the extent lo which
non-compliance might have a malerial effect on the financial statements_ We also consklered those laws and
regulations that have a direct impael on the preparats.on of the financial statements such as the ComPan￿S Act.
We assessed the susceptibility of the chari￿$ financial slaternents lo malerial misslatemenl, including obtaining
an understanding of how ffaud might occur. by making enquirtes of management. considering the intemal
controls in place and discussion amongst the engagement team.
We determined thal the principal risks were rélated to.. payments to third parties. management override of
controls and presentstion of separately disck)sed r(ems.
In response to the risks identified we designed procedures which included. but were not limited to=
verifying payments lo third parn.es on a sample basis
reviewing trustee meeting minutes
evaluating the charity's intemal controbs
identifying and testing joumal entries
agreeing financial statefflent disdosures to underlyir¥J supporting dotsjmentation
There are inherent limitations in the audit prcKedures described above. The more removed that laws and
regulations are from financial transactions. the less likely it is that we would become aware of non-compliance.
Material misstalemenls that arise due lo fraud can be harder to detect than those that arise from error as they
may involve deliberate concealment or collusion.

CHRISTIANITY EXPLORED
Inde
endent auditors, re
ort to the members of Christiani
lored
A further description of our resFX)nsibilities for the audit of the financial statements is located on the Finanelal
Reporting Council's website at: htty):Ilw*w.frc.L¥g.uklaudilorsresFonsibilities. This description forms part of our
auditorfs report.
Uso of our roport
This report is made solely to the charitable CoMpan￿S members. as a b(xJy, in accordance with Chapter 3 of
Part 16 of the Companies Acl 2006 and regulations made under Ihal Act. Our audit work has been undertaken
so that we might stale lo the chartlable companvs members those matters we are required to stale to them in
an auditors. report and for no other purpose. To the fvllest extent permitted by law, we do not accept or assume
responsibility lo anyone other than the charilaue company. and its members as a body. for our audit work, for
Ihis report, or for the opinions we have formed.
Rlchard Haffondgn MA{Canlab) FCA Isonlor Statutory Audltorl
for and on bèhalf of Jacob Cavenagh & Skeel
ststutory Audltor
Chartered Accountants
5 Robin Hood Lane
Sutton
Surrey
SM1 2SW
Dated: l*...
&2Z

CHRISTIANITY EXPLORED
Statemént of financial activities for the year to 31 Decembgr 2022
inco
oratln
Income and Ex endithre Account
rnMm• trom:
tknalK)ns and
Investments.. UK bank inteiest
Chantable actiwbp5." rDyalty in￿[￿8
Ottw In¢ome". Surrender wÈmiLim
on operatirs base
(Xher trad￿￿3dbylbes'.
Sa￿5 ol resQUt* m•i¢rhal
Totsi In¢om•
YJI.951
1￿.85?
2.545
291.610
647.998
$0.725
90.725
26.000
793 246
ExpBndthre un:
CharitabtoacliwbÈS
Total expendtturn
268 rM17
1*￿23
855 423
Not lèxptrndlwr•￿￿¢fjM1
166.CO61
1128.9821
85￿11
4.485
69.
Tr8n$fers t*fy¥een funds
Not mo¥•m•nl
162.
166.0561
1128982)
65.511
4.485
69.996
Total frJnd$ brought for•Ar
298
931254
Tot•1 fvndi urrl•d for*•r
JI ofthe results r8l*trb) O￿t￿ul￿g athtss.
Th r8ges 11 to 17f&Tm partd1hesefffiaTh)￿

CHRISTIANITY EXPLORED
Balance Sheet at 31 December 2022
Notes
2022
202f
Flxed assets
Tangible assets
5.961
5.137
Curront assets
Stock
Debtors
Cash al bank and in hand
1.241
115.605
829 181
100.380
724 035
824,415
946.027
Credltorn: amounts falling due within one
year
Not current assets
796 311
926 117
Total assots l•ss cu￿ent IlabllitiOS
802 272
Funds
Unrestricted funds..
570,297
633.223
Restricted funds
10
29
Total funds carri￿ forward
Approved by the Twstees on 15 June 2023 and signed on their behalf by:
Mr K Appleton
Trustee
Mr J Ibbett
Trusteo
Ch8rily number.. 1121552
Company number: 6347617
The Th)les on pages 11 to 17 form part of Ihese financial statements.

CHRISTIANITY EXPLORED
Statement of cash flows for the
ear to 31 December 2022
2022
2021
Cash lusgd inllprovlded by
op¢rating activitios (see below)
(103.989)
43,713
Interest received
Payments to acquire tangible fixed assets
Cash (used Inl Snvesllng activlties
2.545
13,702)
696
{6.376)
(1.1571
{5.680}
Net cash loutflowlllnflow
(105.146)
38.033
Cash and cash equivalents at 1 January 2022
829,181
791,148
Cash and cash equivalents at 31 D•cember 2022
724.035
829,181
Cash flows from operaling activities
Net lèxpenditurollincom&
Interest received shown in invests'ng ￿tMtieS
Depreciation
De¢reasellincrease) in debtors
Increasel{decrease) ryeditors
Decrease in stock
(128.9821
(2,5451
2,878
15.225
8,194
1.241
(103,989)
69.996
(696)
3.080
(23.191)
(6,015}
539
43.713
Cash {used Inllprovlded by opgraiing activities
10

CHRISTIANITY EXPLORED
Notes to the financial statements
for the
ear to 31 December 2022
1 Accountlng pollcles
The principal accA)unting poliues which are adopted c4)nsislently in the preparation of the financlal
statements are sel out bekjw.
a) Basls of accountlng
The financial statements have been prepared under the Companies Act 2￿6. the Charitie5 Act 2011
and in accordance wilh the Charities Slalemenl of Recommended Practice (Charities SORP {FRS
10211 and Financial Reporting Stsndard 102 IFRS 102}. The financial sl8temenls are dfawn up on
the historical c05t basis of accounting and prepared in slerling. which is the financial currency of the
charity. rounded to the nearest £.
Christs'anity Explored is a private company limited by guarantee incorporated in England and Wales.
The fegislered office is Basemenl Flat. 14 Harley Streel. London. W1 G 9PQ. The charity meets the
definition of a public benefft entity under FRS 102.
Al the lime of approving the financial statements. the Trustees have a reasonable expectatson that the
charity has adequate resources lo continue in operational existence for the foreseeable future. Thus
the Tiuslees continue to adopt the gI￿n9 concern basis of accounting in preparing Ihe financial
stslemenls.
b) Income
Voluntary income and donations (including legacies and grants) are accounted for once the charity
has enlillemenl to the income. it is probable the income will be received and the amount of income
receivable can be reliabty measured.
c) Expenditure
Expenditure is accrued as ￿KIn a5 a liabl￿ty is considered probable. discounted lo present value for
longer term liabilities.
Support costs are included in chantable aCIN￿"eS. These represent expenditure incurred in support of
the sole aclivily of the charity and include govemance costs which comprise expenditure incU￿ed in
the charity's compliance with legal and regulatory obligations.
d) Tanglble Ilxed assets and depreclatlon
Tangible fixed assets are included in the balance sheet at cost or al market value at the dale of the
Depwialion is provided on all tsngible ffixed assets at rates calculated to write off the full cost or
valuation less estimated residual value of eath asset over its estimated useful lrfe. The principal rates
in use are..
Fixtures, ffftings and equipment
e) Sto¢k$
25% on cost
Stock and work in progress is valued al the h)wer of cost and estimated net realisat￿& value.
Q VAT
The charity is Th)t registered for VAT and accordingly expenditure i￿ludeS VAT where appropriate.

CHRISTIANITY EXPLORED
Notes to the financial statements
for the
ear to 31 December 2022
l Accountlng policies {continued)
g) Debtors
Staff loans and other debtors are included at the setuement amount due. Prepayments are valued at
the amount prepa￿.
h) Cash and bank
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturlty
of three months or less from the dale of opening of the deposit.
l) Creditors andprovislons
Creditors and provisions are recognised where the charity has a present obligation arising from a past
event that will probabty result in the transfer of funds to a third paty and the amount due to sellle the
obligation can be measured or estimated reliably. Credrfiors and provisions are recognised al their
setttemenl amount.
Flnanclal Instruments
The charity onty has financial assets and liabilities of a kind that qualify as basic financial instruments.
Basic financial instruments are initially recognised al transadion value and subsequently measured
al their settlement value.
k) Fund accounting
Unrestricted fvnds are expendatje al the discretion of the Trustees in furtherance of the objects of
the charity.
Reslricled funds are funds subjecl lo speCT￿C trusts, which may be declared by the donor or with their
authority but stsll wrthin the objects of the charity- The restricted funds relevant to Christianity Explored
are restricled income funds. which are expendable at the dtscretion of the Trustees in furtherance of
some parlicular aspects of the objecls of the charity-
l) Forelgn currency transactions
Assets and liabilities in foreign ￿rrenCieS are translated into sterting at the rates of exchange njling
al the balance sheet dale. Transactions in foreign currencies are translated into slerling al the rate
ruling on the dale of the transaction. Exchange differences are taken into aw)unl in arriving al the
net incomeleXpe￿1rtUre for the year.
12

CHRISTIANITY EXPLORED
Notes to the financial statements
for the
ear to 31 December 2022
2 Donatlons and legacles
Unreslncled Reslncted
filnds
nds
Total
2022
Tolal
2021
Donations=
Gift Mded
Non Gift ￿ded
131,394
246,048
32,864
25.100
159,576
6,275
156.494
405.624
39.139
330,330
303,332
66,736
147 600
Gift Aid recoverable
Donations from trusts
548 9)
201 951
750 857
3 Expenditure on charitable activities
Unrestncled Reslncled
fvnds
funds
Total
2022
Total
2021
Direct costs
Stsff costs, including social security
Pension costs
Resources purchased
Film production
Translation and Consultancy
Advertising and promotion
Advocales, costs
Conferences and resource printing
Donor relations
450.157
54.119
313
47.805
18.016
3.491
109
11.469
461.626
54.119
313
110,305
115.641
3.491
109
106.297
433.577
51,566
62.5
97.625
113.763
70.884
1.104
360
112,952
523
96,413
588 569
856 576
Support Costs
offi￿ costs:
Rent and rates
Insurance
Light and heat
Cleaning. repairs and maintenance
Telephone and IT
Printing. wstage and stationery
Other office costs
Travel
Depreciation
Bank charges
Exchange Igainsylosses
3.797
2.973
3.797
2,973
24,782
2,980
326
622
12,731
1,272
3.849
3.724
3,080
1.213
36.782
77
4.330
4.977
2.878
632
156
36.782
77
4,330
4.977
2.878
632
156
Govemance Costs
Audit fees
Accountsncy fees for audrtor
Legal and professional
4.860
1.636
4,860
1.636
4.620
1.068
Totsl expenditure
922 228
855 423
13

CHRISTIANITY EXPLORED
Notes to the financial statements
for the
ear to 31 December 2022
4 Slaff numbers and costs
2022
2021
Staff co$ts.'
Wages and salaries
So¢￿1 security costs
Pension costs
425,960
35,666
398.320
35.257
485 143
The average number of employees during the peric#J was 1112021: 12).
There were no employees with emolufnenls above £60.000 (2021.. none).
Ir￿luded in lotal staff costs is a figure of £48.945 (2021= £43.631) paid to ChurGhes whose Staff provided
services to the Company.
None of the Iruslees have received any remuneration or other benefrts dur￿9 Ihe year. One trustee
received reimbursement of travelling expenses from the charity durirvJ the year tolalling £1.90412021:
£7911. No other trustees received reimbursement of expenses during the year and no expenses were paid
lo third parties on behalf of the trustees.
5 Net {expenditureVincome
This is stated after charging=
2022
2021
Depreciation
Rent of properties
Auditors, remuneration=
external audit
other services
2,878
3,080
13.361)
4.860
1.636
4.620
1,086
6 Tangible fixed assets
Flxtures.
Fittings &
Equipment
Cost
Al 1 January 2022
Additions
Disposals
At 31 January 2022
15,410
3.702
11 328)
Depreciation
At 1 January 2022
Provision for the year
Adjustments for dispx)sals
Al 31 December 2022
10.273
2.878
Net book value
At 31 December 2022
At 31 December 2021
14

CHRISTIANITY EXPLORED
Notes to the financial statements
for the
ear to 31 December 2022
7 Debtors
2022
2021
Prepaid expenses and accrued income
Staff loan
Other debtors
389
35,000
35.000
100 380
8 Credltors: amounts falllng due wlthln one year
2022
2021
Taxaliori and social securty
Accruals
Deferred income
16,956
11,148
9,073
6,337
During 2020, £14.500 was receNed from Prison Fellowship International. £9.500 of this was intended for
training that was put on hold due to COVID. £5,C￿0 was taken to income in 2021 and the final £4.500 in
2022.
9 Unrestrlcted funds
Balance 81
l January
2022
Balan¢e at
31 December
2022
Income Expendifure Transfers
General lund
633 223
591295
570 297
Balance 8t
l January
Balance at
31 L)ecember
2021
IncL>m& Expendith fransfels
General fund
567 712
10 Restrlcted funds
Balance at
l January
2022 Income Expendilure Transfers
Balance at
31 December
2022
Match fund plan
Pnsons
Translations
Film projects
72.833
( 27.649}
3601
(177.4981
45.184
193.948
170.341
186,791
15

CHRISTIANITY EXPLORED
Notes to the financial statements
for the
ear to 31 December 2022
10 Restricted funds {continued)
8818nce at
l January
2021
8alan¢e at
31 December
2021
Inc￿ Expendilure Transfers
Match fund plan
Prisons
TranslalKsns
Film projects
91.598
{ 18.765}
360)
1127.000)
(141 0001
72,833
185,948
16
135.000
193,948
R8slri¢ted fvnds in use in the year were for the following purposes:
Match Fund..
Donations towards international work received in respeci of a 2019 rnatch funding campai￿.
PrisonS/franslst￿￿slE1Irn projects..
Grants and donations received lo support Prisons￿ranslatE0ns1Filrnlng operations and development
expenditure respeclivety.
11 Analysls of nel assets among funds
Unreslncled Reslncted
funds
2022
Fund balances are represented by
Tangible fixed assets
Net current assets
5.961
5.961
796311
802 272
231 975
570 297
Unresfncted Reslncled
fvnds
fvnds
2021
Fund balances are reprv6enled by=
Tangible fixed assets
Net current assets
5.137
628 086
&137
926 117
12 Penslon commitments and other post4etiremenl benefits
D•flned contrlbutlon $¢hom¢
The charity operates a defined contribution pensK)n scheme and ￿ntributeS to employees, personal
schemes. The assets of the schemes are held separately from Ihose of the charity in independently
administered funds. The pension cost and charge represents contributions payable by the charity to the
funds and amounted to £54.11912021.. £51.566).
16

CHRISTIANITY EXPLORED
Notes to the financial statements
for the
ear to 31 December 2022
13 Related party transactlons
During the year the charity had transactions with All Souls Church. Langham Place where Rev H Palmer
was formedy a trustee. These were".
Reimbursed staff costs paid £39,183 {2021: £38.591)
Grant 01 £5.0￿ received12021: £5,Tr)0)
During the year trustees gave a lotal of £97,095 (2021: £121.500) in unrestricted donations and £150,000
{2021'. £130.000} to Bursary and Translation fvnds.
Total remuneration of key management personnel amounted to £141.351 (2021.. £108,736).
14 Flnanclal commltments
The total luture minimum lease payments urKler rKJn-cancellable operating leases are'payable:
Land and Buildings
2022
2021
Within one year
In one to five years
The operating lease charges for the year wefe..
Hire of premises
The 2021 charge exdudes a premium of £26.0￿ received from the landlord in respect of the
surrender of the lease in December 2021.
17