Charity number.. 1121552
Company number.. 6347617
CHRISTIANITY EXPLORED
(A company limited by guarantee)
Report and Financial Statements
For the year to 31 December 2024

CHRISTIANITY EXPLORED
Financial statements for the
ear to 31 December 2024
Contents
Pages
Legal and administrative infomiation
Report of the truslees
Independent Auditors. report
Statement of financial activities
6-8
Balance sheet
10
Cash Flow Statement
Notes fomiing part of the financial statements
12-18

CHRISTIANITY EXPLORED
al and administrative information
Registered Charity Number: 1121552
Company Number:
6347617
Trustees
Mr J McDowell (retired 14 February 20241
Revd T Archer
Mr J Ibbett
Mr W King
Mr K Appleton
Mr A Gordon
Ms S Dawkins
Mr N Houghton
Ms R Fadipe
Mr L 8rereton
Company Secretary
Mr l Roberts
Bankers
Barclays Bank plc
1 Churchill Place
London
E14 5HP
Registered office
St, Paul's Church,
Robert Adam Street,
London,
W1U3HW
Auditors
Xeinadin Audil Limited
5 Robin Hood Lane
Sutton
Surrey
SM12SW
Key Management Personnel
The Trustees
Mr l Roberts
Mrs K Carter
Revd R Tice

CHRISTIANITY EXPLORED
Report of the trustees for the year to 31 December 2024
includin
ort of the directors
The Trustees are pleased to present their report together with the financial statements of the charity for the
year to 31 December 2024.
Legal and adminislralive information set out on page 1 forms part of this report. The financial statements
comply with the Memorandum of Association, the Companies Act 2006, The Charities Act 2011, the Charities
Statement of Recommended Practice (Charities SORP IFRS 10211 and Financial Reporting Standard 102
(FRS 1021.
Structure. Govemance and Management
The charily is a company limited by guaranlee and governed by its Memorandum and Articles of Association",
il was incorporated on 20th August 2007 and ComMen￿d its activities on 191 January 2008. 11 was also
registered with the Charity Commission on 9th November 2007. The Trustees who served during the period
are listed on page 1 of this report. The power to appoint further Trustees is vested by the Articles of Association
in the existing Trustees.
The Trustèes met four times during the p8riod.
New Trustees are briefed on their legal obligations under charity and company law, the ¢ontenl of the
Memorandum and Articles, the committee and decision-making processes and other areas of importance to
the charity. They meel key employees and the other Trustees.
Objectives and Activities
The objective, as set out in the Memorandum and Articles of Association is to advance the Christian faith in
accordance with the slat6ment of beliefs incorporated within its Constitution. particularly by..
The worldwide promotion of the Christian faith according lo the Bible.,
The worldwide promotion and teaching of all aspects of the Gosp81 of Jasus Christ and Christian living.,
and
The worldwide promotion of evangelism.
Its major activities to achieve these objectives include
lal arrange, produce, promote and assist in any way in thè arrangement, production and promotion of
trainin9 courses, conferences, workshops, resource cenlres and lectures and related materials.,
Ibl produce, arrange, commission, procure, print, publish, distribute, give and sell Iwhether in the name
of Christianity Explored" or olhemisel leaflets, books, magazines, articlès, videos, DVDS, CD
roms, films, computer pro9rammes, audio visual aids, and any other multimedia or oth8r
information materials relating to the Objects of the charity;
Icl to contract publishers to publish and distribute resources around the world.,
Idl to train representatives in the UK and abroad who train others to use the resources.,
Achievements and Performance
Major accomplishments during this period included..
The organisation made significant progress on recruitment. and on SU￿$S1on planning for our CEO
role. We hired a new Director of Product Development lo implement a programme to refresh all of our
courses on a rolling basis, as well as oversee marketing. We also hired a new Finance and Operations
Manager to tske responsibility for finance, HR and IT infrastructure. In Northern Ireland we employed
an Engagement Officer to reach out to churches and Christian organisations in the province.
The pilot was completed of a new image-based adaptation of Christianity Explored for people who
don't enjoy reading or have low literacy. The plan is lo launch the course alongside the new version
of the mainstream Christianity Explored course.
Afler just over a year in our temporary office we have secured a long-term Workspa￿ which we will
move into in early 2025.
Working in partnership wilh Prison Fellowship International, our Discipleship Explored material was
co-branded as a follow-on lo prisoners in +35 countries who complete The Prisonels Journey lan
adaptation of Christianity Explored). This material will be available for use in English-speaking prisons
by Summer 2025. There are thousands of prisoners who could grow in Iheir failh as a result of this
opportunity.

CHRISTIANITY EXPLORED
Report of the trustees for the year to 31 December 2024
includin
Re
rt of the directors
In Autumn 2024, Turkish translations of Christ12nity Explored resources were successfully launched.
A local ministry has agreed to host the resources, and we continue to seek ways to support and train
pastors as they begin lo use the malerial.
A strategic partnership introducing our Portuguese resources into a Brazilian-based pastors training
ministry was developed during the year. Pregue a Palavra is currently present in 6 countries (Brazil,
Portugal, Angola, Mozambique, Venezuela and USA), running 90+ groups and reaching 2,000+
pastors.
We continue to support our Arabic ministry partners seNing pastors and Christians in the MENA
region.
Financial Review
In the period under review, the charity had nel income of £327,17812023'. £146,243), ofwhich nat income of
£335,147 related to restriGted funds12023.' £8,913). The net funds carried forward al 31 December 2024
amounted to unrestricted funds of £699,658 12023.. £707,627} and restricted funds of £576,035 12023.
£240,888).
The prlmary reason for the surplus during the year was due to a high amounl in 9rants received, which is due
lo cover planned expenditure spanning 2023 to 2025.
Going concem
The Trustees considar that there are no material uncertainties relating to whether thè charity can continue as
going concern.
Investment policy
Under the Memorandum and Articles ofAssociation the charity hasthe powerto invest in any waythe Truste8S
think fit. The charity has made such investments to generate a return and has made no social investments.
Reserves poliGy
The Charity has moderate reserves built up from previous surpluses. These are held for the following reasons..
Primarily to undèrwrite years where Cou￿e5 are filmed and released which can more than double our
annual expenditure.,
To fund working capital and non-current assets.,
To covar three lo six months of core expenditure to insulate against Ihe volatility of income.
Risks
The charity has a risk management policy and a risk register ratified by the Board which reflects major risks
prevailing and systems and procedures designed to manage them. Risks are classified under 5 headings..
governance, operational, financial, external, and compliance. Whilst a regular r6vièw is conducted on all, none
are deemed to be significantly high al this moment in time.
Fundraising
The charity raises funds through liaison, promotion and correspondence Within its own ne￿OrkS and currently
uses no third parties. No complaints were received during the year.
PubliG benefit
The Trustees confirm that Ihey have had due regard to tha guidanc6 issued by the Charity Commission wilh
respect to the public benefit when planning their activities for the year. Christianily Explored exists to provide
educational and apologetic material lo explain the Christian faith to Ihe general public. As noted below this is
very often free, or heavily subsidised and there is a particular focus on developing countries where users
ability to pay is very often absent or severely constrained.
Resources produced by the Charity are determined by Ministerial considerations rather than commercial.
Video resources, in particular, are hugely subsidised trom donations, and returns from royalties fall well short
of covering costs. The website and app for those wanting lo investigate Christianity pnor lo coming on a course
are also made available free of charge. Furthermore the network of regional training available is entirely free.
Christianity Explored was formally published in 2012 and Discipleship Explored in 2014. Minimal royalties are
received from sales. A partnership with Prison Fellowship was agreed in 2014 whereby Christianity Explored
forms the heart ofa programme called"The Prisoners Joumey" Since The Prisoner's Journey@was launched
in 2014, 1,531,800 prisoners in 874 prisons have been invited to explore who Jesus is, why He came and
what it means to follow Him through an interactive study of Mark's gospel tailored specifically for those in

CHRISTIANITY EXPLORED
Report of the trustees for the year to 31 December 2024
includin
Re
ort of the directors
prison. 8ythe end of2024, over736,676 prisoners have comploted the programme, which runs in 36 countries
around the world and is available in 26 languages and dialects.
Internationally, subsidies are often provided for translations of material and production runs into the developing
world with little or no royalties being recèived. We believe thal something like 500,000 people a year use our
series in over 140 countries worldwide.
Remuneration of key management personnel
The Chief Executive, lan Roberts, started the year responsible for overall management of the charity including
international operations. Half way through the year he transitionèd to a Joint CEO role alongside Kay Carter,
previously UK our National Director. Kay also has responsibility for day-to4ay management including product
development. The pay of senior staff - lan Roberts, Kay Carter. and Rico Tice (the co-founder of Christianity
Explored)
is reviewed annually and normally increases in accordance with average earnings bearing in
mind charities of similar size and activity.
Plans for the future
In the coming year we will be focusing on filming and editing the next version of our flagship Christianity
Explored course, and creating the right infrastructure to market it. This will include hiring a UK National Director
to focus on engagement with UK churches, and a Fundraising Diredor lo increasè our annual general fund
giving as we expand the staff team. We will also be putting in place succession plans as lan Roberts {our
current CEO) anticipates retirement in the coming few years, with Kay Carter stepping into the Global CEO
role and lan taking responsibility for developing new global hubs across the world. In 2025, we are focussing
on increasing our capacity throughout North and Latin America, as well as taking opportunities in East Asia
and Africa.
Trustees, responsibilities in relation to the flnancSal statements
The Trustees (who are also directors for the purposes of company lawl are responsible for preparing the
Trustees, Report and the financial statements in accordance with applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requirès the Trustees lo prepare financial statements for each financial y8ar which give a true
and fair view of the state of affairs of the charitable company and of the incoming resources and application
of resources, including the income and expenditure, of the Gharitable company for that period. In preparing
Ihese financial statements, the Trustees are requirèd to..
Select suitable accounting policies and apply them consist8nlly',
observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent.,
stsle whether applicable UK Accounting Standards have been followed, subject lo any material
departures disclosed and explained in the financial statements.,
prepare the financial statements on the going concern basis unless it is inappropriate lo presume that
the charilable company will continue ils operations.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy
at any lime the financial position of the charitable company and enable them to ensure that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of
the charitable company and hence for taking reasonable steps for the prevenlion of fraud and other
irregularities.
Auditors
A resolution will be proposed at thé Annual General Meeting that Jacob Cavenagh & Skeet bo re-appointed
auditors to the charity.
Disclosure of information to auditors
To the knowledge and belief of the Trustees in their capacity as direclors of the company, there is no relevant
information that the company's auditors are not aware of, and the Trustees have taken all the steps necessary
to ensure they are aware of any relevant information, and to establish that the Gompany's auditors are aware
of the information.

CHRISTIANITY EXPLORED
Report of the trustees for the year to 31 December 2024
includin
ort of the directors
The Trustee5' Report was prepared in accordance with the special provisions relating to small companies.
Approved by the Trustees on and signed on its behalf by..
Mr K Appleton
Trustee
Mr J Ibbett
Trustee

CHRISTIANITY EXPLORED
Inde
endent auditors, re
ort to the members of Christianit Ex
lored
Opinion
We have audited the financial statements of Christianity Explored (the 'charity'l for the year ended 31 December
2024 which comprise the Statement of Financial Aclivilies, Ihe Balance Sheet, the Statement of Cash Flows
and the notes to the financial staternenls, including a summary of significanl accounting policies. The financial
reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK
and RepubliG of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements..
give a true and fair view of the state of the Charitable Gharity's affairs as at 31 December 2024 and of
its incoming resOUr￿S and application of resources for the year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice., and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable
law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the
audit of the financial statements section of our report. We are independent of the charitable company in
accordan￿ with the ethical requirements that are relevant to our audit of the financial slalemenls in the UK,
including the FRC'S Ethical Stsndard, and we have fulfilled our other ethical responsibilities in accordance with
these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide
a basis for our opinion.
Conclusions relating to going conc8rn
In auditing the financial statements, we have concluded that the trustees, use of the going concem basis of
accounting in the preparation of the financial stslements 1$ appropriate.
Based on the work we hav6 pérformed, we have not identified any material uncertainties relating to evenls or
conditions that, individually or collectively, may cast significant doubt on the charity's ability lo continue as
going concern for a period of at least 12 months from when the financial statements are authorised for issue.
Our responsibilitiès and the rèsF)onsibililies of the trustees with respect to going concem are described in the
relevant sections of this report.
Other information
The other information comprisés the information included in the annual report, including the trustees, report,
other than the financial statements and our auditor's report thereon. The Irustees are responsible for the other
information contained within the annual report. Our opinion on the financial slatemenls does not cover the other
information and, except to the exlenl olhernise explicitly stated in our report, we do not express any form of
assurance conclusion Ihereon.
Our responsibiliiy is lo read Ihe other information and, in doing $0, Consider whether the other infomiation is
matenally inconsistent with the financial statements or our knowledge obtained in the course of the audit, or
otherwise appears to be malenally misstated. If we identify such material inconsistencies or apparent matérial
misstatements, we are required to determine whether this gives rise lo a malorial misstatement in the financial
statements themselves. If, based on the work we have performed, we conclude that there is a material
misslatement of this other information, we are required to report Ihat fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our audit..
the information given in the Trustees. Report, which includes the trustees, report prepared for the
purposes of company law, for the financial year for which the financial statements are prepared is
consistent with the financial stalements,. and
the directors, report included within the Trustees, Report has been prepared in accordance with
applicable legal requirements.

CHRISTIANITY EXPLORED
Inde
endent auditors, re
ort to the members of Christianit Ex
lored
Matters on which we are required to report by exception
In the light of Ihe knowledge and understanding of the charity and ils environment oblained in the course af the
audit, we have not identified material misstatements in the Irustees, report included with the trustees, report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006
requires us to report to you if, in our opinion..
adequate and proper accounting records have not been kept, or returns adequate for our audit have
not been received from branches not visiled by us., or
the financial statements are not in agreement with the accounting records and returns., or
certain disclosures of trustees, remuneration specified by law are not made., or
we have not received all the information and explanations we require for our audit., or
the trustees were not entitled to prepare the financial statements in accordance with the small
companies regime and take advantage of the small companies exernplions in preparing the Iruslees,
report and from the requirement to prepare a strategic report.
Responsibilities of trustees
As explained more fully in the trustees. responsibilities statement, th6 trustees (who are also the directors of
the charitable company for the purposes of company lawl are responsible for the preparation of the financial
statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees
determine is necessary lo enable the preparation of financial slalements that are free from material
misstatement, whether due lo fraud or arror.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continu8
as a going concern, disclosing, as applicable. matters related lo going concern and using the going concern
basis of accounting unless the trustees either intend to liquidate the charity or to cease opèrations, or havè no
realistic alternative bul to do so.
Audltorfs responsibilitles for tho audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial stat6mènts as a who16 are frèe
from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS {UKI will always delect a malerial misstatement when il exists. Misslatemenls can arise
from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be
expected to influence th6 economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below..
Based on our understanding of the charity, we id8nlified that th8 principal risks of non-compliance with laws
and regulations related lo employment and financial reporting legislation and we considered the extent to which
non-compliance might have a material 8ffecl on the financial statements. We also considered those laws and
regulations that have a direct impact on the preparation of the financial statements such as the Companies Act.
We assessed the susceptibility of the charity's financial statements lo material misstatement, including obtsining
an understanding of how fraud might occur, by making enquiries of management, considering the internal
Controls in place and discussion amongst Ihe engagement team.
We dètermined that th8 principal risks were related to.. payments to third parties, management override of
controls and presentation of separalely disclosed items.
In response lo the risks identified we designed procedures which included, but were not limited to..
verifying payments to third parties on a sample basis
reviewing trustee meeting minutes
evaluating the charity's internal controls
identifying and testing joumal entries
agreeing financial statement disclosures to underlying supporting documentation
There are inherent limitalions in the audit procedures 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 rnisslatements thal arise due to fraud can be harder to detect than those that arise from error as they
may involve deliberate COn￿alment or collusion.

## **CHRISTIANITY EXPLORED** 

## **Independent auditors’ report to the members of Christianity Explored** 

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: http://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report. 

## **Use of our report** 

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and regulations made under that Act. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members as a body, for our audit work, for this report, or for the opinions we have formed. 


**Richard Haffenden MA(Cantab) FCA (Senior Statutory Auditor) for and on behalf of Xeinadin Audit Limited Statutory Auditor** 5 Robin Hood Lane **Chartered Accountants** Sutton Surrey SM1 2SW 

2 September 2025 

_8_ 



CHRISTIANITY EXPLORED
Statement of financial activities for the year to 31 December 2024
incor
oratin
Income and Ex
enditure Account
Un￿stricted
Funds
Restricted
Funds
Unrestricted
Funds
Restricted
Funds
Notes
2024
2023
Income from:
Donations and legacies
Investments.. UK bank interest
Charitable activities.. royalty income
Other Irading activities..
Sales of resource material
Total income
670.104
27.469
29.531
695,262
1,365.366
27,469
29,531
594,218
16,370
25,451
551,037
1,145,255
16,370
25,451
38
38
1 187 114
695 262
1422 366
551037
Expendlture on:
Charitable activities
Totsl expenditure
735 073
735 073
1 095 188
1095 188
498 747
498 747
542 124
1040 871
1 040 871
Net incomel{expenditure)
(7,969)
335.147
327,178
137.330
8,913
146.243
Transfers between funds
Net movement in funds
(7.969)
335,147
327.178
137,330
8.913
146,243
Total funds brought forward
707 627
570 297
231975
802 272
Total funds carried forward
All of the results relate to continuing activities.
There were no recognised gains and losses in the year other than as stated above.
The notes on pages 12 to 18 form part of these financial slaternents.

CHRISTIANITY EXPLORED
Balance Sheet at 31 December 2024
Notes
2024
2023
Fixed assets
Tangible assets
5,386
4,564
Current assets
Debtors
Cash at bank and in hand
67,108
1226 398
77,092
1,293,506
1,001,938
Creditors: amounts falling due within one
year
Net current assets
1270 307
943 951
Total assets less current liabilities
Funds
Unrestricted funds:
699.658
707,627
Restricted funds
10
Total funds carried forward
The financial ststements have been prepared in accordance with the provisions applicable lo entities subject
to the small companies regime.
Approved by the Trustees on i I
06
LL and si9ned on their behalf by..
Mr K Appleton
Trustee
MrJ Ibbett
Trustee
Charity number.. 1121552
Company number.. 6347617
The notes on pages 12 to 18 form part of these financial statements.
10

CHRISTIANITY EXPLORED
Statement of cash flows for the
ear to 31 December 2024
2024
2023
Cash provided by operating activities
{see below)
279,036
185.939
Interest received
Payments to acquire tangible fixed assets
Cash provided by investing activities
27.469
14.9531
16,370
11.4981
22,516
14,872
Net cash inflow
301,552
200,811
Cash and cash equivalents at 1 January 2024
924,846
724,035
Cash and cash equivalents at 31 December 2024
1,226,398
924,846
Cash flows from operating activities
Net income
Interest received shown in investing activities
Depreciation
Decrease in debtors
(Decreasellincrease creditors
Cash provided by operating actlvltles
327,178
127,469)
4,131
9,984
134.788)
279,036
146,243
{16,3701
2,895
23,288
29,883
185,939
11

CHRISTIANITY EXPLORED
Notes to the financial statements
for the
ear to 31 December 2024
1 Accountlng policies
The principal accounting policies which are adopted consistently in the preparation of the financial
statements are set out below.
a) Basis of accounting
The financial ststgments have been prepared under the Companies Act 2006, the Charities Ad 2011
and in accordance with the Charities Slatement of Recommended Practice (Charities SORP {FRS
1021} and Financial Reporting Standard 102 {FRS 1021. The financial statements are drawn up on
the historical cost basis of accounting and prepared in sterling, which is the financial currency of the
charily, rounded to the nearest £.
Christianity Explored is a private company limited by guarantee incorporated in England and Wales.
The registered office 15 St. Paul's Church, Robert Adam Street, London, W1 U 3HW. The charity meets
the definition of a public benefit entity under FRS 102.
At the time of approving the financial statements, the Trustees have a reasonable expectation that the
charity has adequate résources to continue in operational éxistence for the foreseeable future. Thus
the Trustees continue to adopt the going concern basis of accounting in preparing the financial
statements.
b) Income
Voluntary income and donations (including legacies and grantsl are accounted for once th8 charity
has entitlement to the income, il is probable the inwme will be received and the amount of income
receivable can be r81iably measured.
) Expendlture
Expenditure is accrued as soon as a liability is considered probabl8, discounted to present value for
longer term liabiliti6S.
SupkKJrt costs are includ8d in charitable activities. These r6present expenditure incurred in support of
Ihe sole activity of the charity and include governance costs which comprise expendilure incurred in
the charity's compliance with legal and regulatory obligations.
d) Tangible fixed assets and depreciation
Tangible fixed assets are included in the balance sheel at cost or at market value at the dat8 of the
gift.
Depreciation is provided on all tangible fixed assets at rates calculated to write off the full cost or
valuation less estimated residual value of each asset over ils estimated useful life. The principal rates
in use are..
Fixtures, fittings and equipment
25.10 on cost
e) VAT
The charity is not registèred for VAT and accordingly expenditure includes VAT where appropriate.
12

CHRISTIANITY EXPLORED
Notes to the financial statements
for the
ear to 31 December 2024
1 Accounting policies (contlnued)
Q Debtors
Staff loans and other debtors are included at the settlement amount due. Prepayments are valued at
the amount prepaid.
g) Cash and bank
Cash at bank and in hand includes cash and short term highly liquid inveslmenls with a short maturity
of three months or less from the date of opening of the deposit.
h) Credltors and pmvisions
Creditors and provisions are recognised where the charity has a present obligation arising from a past
event that will probably result in the transfer of funds lo a third paty and the amount due to settle the
obligation can be measured or éstimated reliably. Creditors and provisions are recognised at their
settlement amount.
i) Financlal instruments
The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments.
Basic financial instruments are initially reco9nised at transaction value and subsequently measurèd
al their settlement value.
J) Fund accounting
Unrestricted funds are expendable at the discretion of th8 Trustees in furtherance of the objects of
th8 charity.
Reslricled funds are funds subjed to specific trusts, which may be declared by the donor or with their
authority but still within the objects of the charity. The restricled funds relevant to Christianity Explored
are restricted income funds, which are expendable at the discretion of the Trustees in furtherance of
some particular aspects of the objects of the charity.
k) Foreign currency transactions
Assets and liabilities in foreign currencies are translated into sterling al Ihe rates of ex¢hangè ruling
at the balance sheet dale. Transactions in foreign currencies are translated into sterling at the rale
ruling on thè date of the transaction. Exchange differencès are taken into account in arriving at the
net incomelexpenditure for the year.
13

CHRISTIANITY EXPLORED
Notes to the financial statements
for the
ear to 31 December 2024
2 Donations and legacies
Unrestricted Restricted
funds
funds
Total
2024
Tofal
2023
Donations..
Gift Aided
Non Gift Aided
166,678
265,086
44,185
194 155
70,583
206,405
15.674
402 600
69
237.261
471,491
59,859
251,560
429.926
63,769
Gift Aid recoverable
Donations from trusts
65
3 Expendlture on charitable activities
Unrestricted Restrict8d
funds
funds
Total
2024
Total
2023
Direct costs
Staff costs. including social security
Pension costs
Resources purchased
Film production
Translation and Consultancy
Advertisin9 and promotion
Advocates, costs
Confer6nces and resource printing
Donor relations
410,268
109,497
331
159,710
569,978
109,497
2,988
67,534
86,346
8,155
503,838
69,520
61
199,366
88,491
802
205
77,250
2,657
67,534
44,560
41,786
8,155
46,938
78,094
125,032
3859
Support Costs
Office costs..
Rent and rates
Insurance
Cleaning, repairs and maintenanc8
Telephone and IT
Printing, postage and stationery
Other office costs
Travel
Depreciation
Bank charges
Exchange Igainslllosses
37,975
3,344
630
19,894
1,819
10,079
10,088
4,131
1,448
24
37,975
3,344
630
27.094
1,819
10.079
10,448
4,131
1,448
24
27,178
4,544
45
24,539
707
13,532
6,353
2,895
998
74
86
7,200
360
89
Governance Costs
Audil fees
Accountancy fees
Legal and professional
5,560
1,912
5,560
1,912
5,000
1,493
Total expenditure
735 073
360115
1095 188
1040 871
14

CHRISTIANITY EXPLORED
Notes to the financial statements
for the
ear to 31 December 2024
4 Staff numbers and costs
2024
2023
Staff costs..
Wages and salanes
Social security costs
Pension costs
530.442
39,536
109497
679 475
465,425
38,413
69 520
The average number of employees during the period was 16 {2023'. 131.
The number of employees with emoluments above £60,000 was 1 {2023.' none) with emoluments in the
range of £60,000 to £65,000.
None of th8 trustées have received any remuneration or other benefits during the year. Two Irustees
re￿iVed reimbursement of travellin9 expenses from the charity during the year tolalling £999 12023..
£9331. No other trustees received reimbursement of expenses during the year and no expensas were paid
to third parties on behalf of the trustees.
5 Net income
This is stated after charging..
2024
2023
Depreciation
Rent of properties
Auditors, remuneration..
external audil
other services
4,131
20,000
2,895
3,332
5.400
1,470
5,000
1,493
6 Tangible fixed assets
Fixtures.
Fittings &
Equipment
Cost
Al 1 January 2024
Additions
Disposals
Al 31 December 2024
19,282
4,953
Depreciation
At 1 January 2024
Provision for the year
Adjustrnents for disposals
At 31 December 2024
14,718
4,131
Net book value
At 31 December 2024
At 31 December 2023
15

**CHRISTIANITY EXPLORED Notes to the financial statements for the year to 31 December 2024** 

## **7 Debtors** 

|**7**|**Debtors**||||||||
|---|---|---|---|---|---|---|---|---|
|||||||**_2024_**||_2023_|
||||||||**_£_**|_£_|
||Prepaid expenses and accrued|income|||||**-**|4,919|
||Other debtors|||||**67,108**||72,173|
|||||||**67,108**||77,092|
|**8**|**Creditors: amounts falling due within one year**||||||||
|||||||**_2024_**||_2023_|
||||||||**_£_**|_£_|
||Taxation and social security|||||**11,883**||12,754|
||Accruals|||||**11,316**||45,233|
|||||||**23,199**||57,987|
|**9**|**Unrestricted funds**||||||||
|||_Balance at_||||||**_Balance at_**|
|||_1 January_||||||**_31 December_**|
|||_2024_|_Income_|_Expenditure_||_Transfers_||**_2024_**|
|||_£_|_£_|_£_|||_£_|<br>**_£_**|
||General fund|707,627|727,104|(735,073)|||-|**699,658**|
|||_Balance at_||||||**_Balance at_**|
|||_1 January_||||||**_31 December_**|
|||_2023_|_Income Expenditure_|||_Transfers_||**_2023_**|
|||_£_|_£_|_£_|||_£_|**_£_**|
||General fund|570,297|636,077|(498,747)|||-|**707,627**|
|**10**|**Restricted funds**||||||||
|||_Balance at_||||||**_Balance at_**|
|||_1 January_||||||**_31 December_**|
|||_2024_|_Income_|_Expenditure_||_Transfers_||**_2024_**|
|||_£_|_£_||_£_||_£_|**_£_**|
||Match fund plan|26,636|-|(  21,346)|||-|**5,290**|
||Prisons|-|9,460|(    2,549)|||-|**6,911**|
||Translations|193,034|83,788|(  98,351)|||-|**178,471**|
||Communication|4,144|-|(       768)||||**3,376**|
||Evangelism|-|16,050|(  13,707)|||-|**2,343**|
||Film projects|17,074|585,964|(223,394)|||-|**379,644**|
|||240,888|695,262|(360,115)|||-|**576,035**|



_16_ 



**CHRISTIANITY EXPLORED** 

**Notes to the financial statements for the year to 31 December 2024** 

## **10 Restricted funds (continued)** 

|_Balance at_<br>_1 January_<br>_2023_<br>_£_<br>Match fund plan<br>45,184<br>Prisons<br>-<br>Translations<br>181,791<br>Communication<br>5,000<br>Evangelism<br>-<br>Film projects<br> -<br>231,975|**_Balance at_**<br>**_31 December_**<br>_Income_<br>_Expenditure_<br>_Transfers_<br>**_2023_**<br>_£_<br>_£_<br>_£_<br>**_£_**<br>-<br>(   18,548)<br>-<br>**26,636**<br>360<br>(        360)<br>-<br>**-**<br>143,132<br>(131,889)<br>-<br>**193,034**<br>-<br>(856)<br>**4,144**<br>7,545<br>(7,545)<br>-<br>**-**<br>400,000<br>(382,926)<br> -<br>**17,074**<br>551,037<br>(542,124)<br> -<br>**240,888**|**_Balance at_**<br>**_31 December_**<br>_Income_<br>_Expenditure_<br>_Transfers_<br>**_2023_**<br>_£_<br>_£_<br>_£_<br>**_£_**<br>-<br>(   18,548)<br>-<br>**26,636**<br>360<br>(        360)<br>-<br>**-**<br>143,132<br>(131,889)<br>-<br>**193,034**<br>-<br>(856)<br>**4,144**<br>7,545<br>(7,545)<br>-<br>**-**<br>400,000<br>(382,926)<br> -<br>**17,074**<br>551,037<br>(542,124)<br> -<br>**240,888**|
|---|---|---|
|||<br>**240,888**|



Restricted funds in use in the year were for the following purposes: 

## _Match Fund plan:_ 

Donations towards international work received in respect of a 2019 match funding campaign. 

## _Prisons /Translations/Film projects:_ 

Grants and donations received to support Prisons/Translations/Filming operations and development expenditure respectively. 

## _Communications:_ 

A restricted donation received to fund networking and training opportunities for communications professionals from Christian organisations. 

## _Evangelism:_ 

Donations received to support the growth of our evangelism profile. 

## **11 Analysis of net assets among funds** 

|**Analysis of net assets among funds**||
|---|---|
|_Unrestricted_<br>_Restricted_<br>_funds_<br>_funds_<br>_£_<br>_£_<br>Fund balances are represented by:<br>Tangible fixed assets<br>5,386<br>-<br>Net current assets<br>694,272<br>576,035<br>699,658<br>576,035<br>_Unrestricted_<br>_Restricted_<br>_funds_<br>_funds_<br>_£_<br>_£_<br>Fund balances are represented by:<br>Tangible fixed assets<br>4,564<br>-<br>Net current assets<br>703,063<br>240,888<br>707,627<br>240,888|**_2024_**<br>**_£_**<br>**5,386**<br>**1,270,307**<br>**1,275,693**<br> **_2023_**<br>**_£_**<br>**4,564**<br>**943,951**<br>**948,515**|
|||



_17_ 



CHRISTIANITY EXPLORED
Notes to the financial statements
for the
ear to 31 December 2024
12 Pension commitments and other post-retirement benefits
Defined contribution scheme
The charity operates a defined contribution pension scheme and contributes to employees, personal
schemes. The assets of the schemes are held separately from those of the charity in independently
administered funds. The pension cost and charge represents contributions payable by the charily to the
funds and amounted to £109,49712023'. £69,520).
13 Related party transactions
During the year trustees gave a total of £17,12012023. £100,510) in unrestricted donations and £13,888
(2023.. £120,000} lo Bursary and Translation funds.
Total remuneration of key management personnel amounted to £250,43612023'. £177,387).
14 Flnancial commitments
The total future minimum lease payments under non-cancellable operating leases are payable..
Land and Buildings
2024
2023
Within one year
In one to five years
16,660
The operating lease charges for the year were..
Hire of premises
18