REGISTF.RED COMPANY NUMBER: 07431528 (ENOand Wales) RLGISTEKb.D CHAIUTY NLMBER: 1139276 in forthey Chti5 Vaughan Acc4)unrants 195 Innin Str¢ Swindo Wilishire SN3 4NA
Medi85erve Limitcd ontents of the FID the Year Ended 3 Stal r 2020 Rewrt of ihe TTU5tees llldq)cndcni Examinerfs Rewrt StatemeBt of FinaDcial Activtiies Balance SI Notcs to the Fi]Jati¢ial StatLYu¢nts 7 to 14 Detailed Sthterne of Fillanciai Activilie5 15 to 16
Mediaserve Limited rt i)f ibe Trustees for th¢ YE3[ End ¢Enber20? The tsust¢e5 who ar¢ 50 directors of the charity for tbe pur of the Companies Aet 2(K>6, psellt their report the fat)Ll2[ Siatemcllts ofthe clwiLy for the year ended 31 Deccllthr 2020. lThc truslee5 adopied the provisions or Accounting and ReFM)rting by Chari(ies_' of Recommend1 Practice applicable lo cbariliL% preparing ihcir aCLoUts in aLLordancL Wlth the Trinaneial R¢irtIng Srxtmlard applieable in thc UK and R¢publiL of Ir¥land (FRS 1021 leffeetive l January 20191. OBJEcfii'Es AND AcfiviTILS Qbfjectives and 4tm5 The objec1% tsf Ihe chariiy are to advance th¢ (]]ri5rian teli8ion for the benefit of the public such Pths of the United Kin8dom and the world os th¢ trusiee5 Tnay from iillje to timc think fit (thLL with th¢ l¢achings of the Chrisrian faith a5 ¢xpressed iti the Bible. paiiicularly. noi exclusively among Jews. PMbli¢ beThefit In planning our acliviiies for th¢ period we kepi ia mind the Charity COMM$1¢) 8uidaDce on publi¢ b¢nefi¢ al our trusiety m¢xting5. In view of lh¢ ¢haTiiy'S ObjethiC$ kn advance ihe f.hrisiian tcligion for thc benefli of the puhltc in a¢¢ordancc witb th¢ teachings of the Christian faiih as CXPTess¢d in ihe Bible. particularly. bui exclusively among J¢ws. 'rhe w'vrk of thi chaTity has continued to w'ork in accordar ivith Ihesc airns. 5tiking promot¢ thL public ben¢fst IhTough the charily's work. This been th)ne through the distributi¢)n of lituzlure to the publie which forwd$ these aims. ACIIIF.VD:M.N'f AND Pw.RoRIAlic Cbritabl¢ a¢t5vltlt5 'I'hL Lharity h8$ Lontinued to rais¢ ndS from generous donors and futMLs hai'L di8pcr5LYI su¢¢¥s¥fully in ord¥r lo mJkL 42BnifiLani pr()¥rc%% wilh its [J¢C(l¥5. Thc chorii). has ilso w(Kked wilh Parthcr or¥ani%alion& who havL rai1 Sl8nifi¢4D¢ fundift8 for key 5criwure projects in Chim. Burrna. Ethi(yia and several other nations. FINANCIAL RF.VIF.W InveNtmtnt pnllcy and nbjfttfvts "rh¥ ¢hariils LXLL%8 arl rctainL.d in intercst bearing accourrt the chariws FAnk¢rs. ReservLY pollo. The Irubl¢CS con%tder th&1 the chariiy's reservc5 Should be SUle1Cl to ¥¢[ thc lollowin8 ¢onlingencies in ord¢r to facililaic lhe witLdin¥ down of it5 upcfdiions whilsi minirnising the inconvenience to nerCl8n¢s in the eveni ¢)r the charity Lca$ing to opcrdte ot> a pcrrnanenl b&8is'. SulTicienl fund.% 10 meet any liabilitFe5 aristn8 frnm redundanci¢s- - Thr<¢ non-stsffing costs to enabl¢ lerminalion of with suFyli¢ts of go8 alld S¢ryL¢¢5. Financial review 'I'hL Lhariry iontillU¢5 to function su¢thlty W7th fimds iKiD8 Vtilisd to fvlfil the chariiYs objertives. TrUTURF. PI.AN.S Thc Iruslcc% intend to continue on d'Clop1g new and innovative ways of using li*ratur¢ and other mcans lo achieve its objects. STRucfuRF.. GOIT.RJ¥ANCE AND MAIAGEMF.h'T fJDI'¢rnlng document The Lhdrity 15 controlled by its governing do¢umLrt a dced T)f tsitsL 8j ¢oDstitst¢s a limstcd cornpany. limittd by ¥uaranlee, as defined by ihe Companics Arl 21X)6. Media5LY¥e Limitsj charity rsablishcd on 8th tkx¢mber 1980. The ¢hartty ethlished wi(kr a Declaration of Trust. wbich scl oui the objects ld er5 of thc chariiy aThJ was governcd by ILS TLu5t Dccd which cTrlered on the Charity CoTllrntssion's central Tewstcr on 8th D¢¢ctnbcr 1980. (h) 5th Novembcr 2010 the charity was incorpornled under thc COMpaTC5 Act 2(KJ6 and lis objccts and delineat bv its Memorandum and Articlcs of Association. Thc charity 15 maDaged by the B08rd of TrIe¢S.
Media5erve Limited for the Ytar EDded 31 DecemEet2020 STRLTcfbRE, GOITRliANCE AliD hLLl.4cEfv11T RecruitThent and appointment of trustees Tru%tees recruited as Dccdcd fJ¥)m a divcrs¢ number of different back_qrouBds. tach tntsiee has levant experitnL¢ and a wide skills base whicb the} bring to t seTh'ice as ttustees. In the evcni of particular sktlls being 1051 due to TetlTemLllts, Indivjduals ar< approached to offcr thenk8elves foi ¢lcctioD lo the Board of Tn]sices. They aT¢ elect to the BoardofTru5tres by a vote takell by the CUEM truskees. Organi58tionAI strll£mr¢ Mtdiaservt LimitLMI hds a Board of Tt¢S of up to sii trllSte w'ho ML¥ a of tw'o times a ytar and ar¢ rcspoti&ible for lhc strateC directiou al polic) ofthe chatily. At pre5eut the conllllittee coinprists ftsur ttus'ie¢s. The thatii) S tru5tccs bave control of the chatiry and its protthy and funds. ExL81ing trnstee5 Y appoini addilion81 tryses to their nuTnber. at atly tim¢ proi"iding thL nUMb0f t[sLee5 is a rninimwn numbei of thiee. lTrdLtction and trninirtg Of trustees Once Iruslees are ap5x)inied. lime ts takell to familiaTise them with the Pi¢e5 al Tequirements they rd as trustees. They are a150 m8de familiar M'ith all d5pts of the clwitys work attd fin3llcial 5ituatLOtL. Any fillthcr trdining vr iTKluction take5 place as thc arises. RktrEKEIYCE ADMINISTRATIVE DETAILS Rtgi51tred Cotnpan}" Humber 07431528 (Lngland and Wales) Restered Charity number I l J9?76 Registered offiee IniLYn&iional House 12 Constance Street LA)ndon E162DQ l Faulds B Kallimel DLGurni A Liljehall (appOted 13.8 ?0) Itsdeptlldent F.xamiTrer Chriblopher VaughaD lllstitutc of Chartered A¢¢owitans in Engbod and Wales Chris Vaughan Accountants 195 Emjin Street Sw'indon Wiltsbire SN3 4NA Bankers NatIts[ west[nister Bank PLC 84 Ci)mmcrcial Road s'indn Wiltshire SNI 5NW Approved by orderof th¢ boord of tsiLMe¢s 26 July 2021 aTMi sId on its behalf by:
Mediascrve Limit rtor Year Ended for l DccembEI 2020 l Fauld5- Trusl¢e
Jnde elldent Exatxtinerfs Re rt to the Tn]stces f Tve Limited tlltlepelldent examiner'5 report to tht trustees of Media5erve Limited {'tbe coPaRV,) I rew)rt 10 the chatit). Iruslccs on my examltiati0 ofthe atcouDts of the Company for the Jear ¢nd¢d 31 Dtternber 2020. Re5pollsibtlitl¢s xnd basis •freport As th¢ charitrj S tn]stces of the Company (and also its dtrtttors for the pry of company lawl you Ète Er5151b1£ for the preparaiioll of the accouDts ID accordat ryth th¢ of thecwies Aa ?006 fthe ?(M>6Act'). Hai'ifig saitsfied m)'s¢lf that the accounts of the Comparty aTE not YWUiTed to k audited wxler Part 16 of the 2006 Act alld are eligible fot illdet exatnination. I rerffi in respe¢i ofTny eXaMinlOn of s.otsr charity's a¢counts as carried out under Section 145 of the CbaTiiies Art 2011 {'the 2011 Act'l. In ing out my oxamitLation I have ftsllvw¢d th¢ trections given by th¢ Chaty Cornrni&sion under section 14515) Ib) of thc ?01 l A. IDdepeDdeut examiner's ststeme*t I have completed my ex2miTr3lioll. I CODfirm thai no mallas hav¢ come my atle&)uon in co11(lon Ivith the examination vINr me cause to klieve". ac¢ountittg ffcords wcrc not kept in reSct of the Cornpally a5 reqllid by seclion 386 of tbe 2(M)6 Act; or thL accounts do not arcord 7th thosc reconts". or the accounts do noi comply with the accounLtng reqU1me' ol 5ectioll 396 of the 2Th)6 Aci other tltan any requircnLcnl that the ac¢ounts give a true alld fair iiew which is a rnauer cousideted &s part oran ependent ¢xwnination- or the accounts h¥i"e noi be£ll prepared in e0rdance with the methods and principle5 of the Sthtemeni of Relmmended Practiec aLLouni]ng and Etpvrting by charities lapplicablt to chaTiti¢s preparing thrit accounts In a¢l[danCe vlith the I,inancial Re[lg Stsryjatd applicablc in the UK aEJd Rcpublic of Ireland (I,"RS 102)). I bave llo concL7DS bave come artV55 W otber n]atters eonlle£tion with the cxamiBation to whtth att¢ution should be drawTr in this rep)rt iti ordeTio enabk a prowundetstathg ofthe accou io be ched. Christopher V8U8han Insiilute of Charterd Accovntallts in F.ng]and alld Wale5 C.hn5 Vaughan ActountalltS 195 Em)in Slreet Sinon IVili%bire SN3 4NA 26 July 2021
Mcdtaserve Limited .Sialemeni o Financial ctieS forthcy JrEnd. l Deccm o?0 )1.12.?0 Toral fun(ts 31.12_19 Total lund5 Unre5tsicted Restricted fi]nd funds No ENCOiWE AIYD ENIK)WhlLNTS FROM DonalioDS and Ic8actcs 29.397 132,748 162.145 148,113 Other tradfftnE activities Investment Income 559 11.351 8.244 8244 Total i7.641 132.748 170.389 160.023 EXPENDTfLRE ON Raising fiu 1237 Chxritable a¢tivilies Gospel Propagatio 31.207 145.3Th) 17Q507 188.877 Tolal 31207 145J 176.507 190,114 NE'f IP4COMKI(IXPEIYDITUREI 434 (12.5521 (6,118) {30.n911 RECONCILIATION OF Fi+]Ds Total funds brougki rorn•rd 123.013 269.508 397,521 422,h12 TOTAL FUNDS CARRIED FORIVARD 129.447 256.956 386.403 392.521 The notts for part of thesc finallcial staiements
Medi35eTve Limited Balallce Sheet 31_12.20 Total funds 31.12.19 Total run(ts lund FIXED ASSETS Tanble assets 10 1230 1.447 CURRENT ASSETS Debt(ys Cabh at bauk and ill hd 3.780 124,437 3.780 385,845 7.139 389.631 261.408 128,217 261,408 389,625 396,770 CRLDITOR fallÈn8 th]e withinone yfdr 12 {4.452) (4,452) (5.696) NET CURRENT ASSETS 128217 256.956 385,173 391,074 TOTAL ASSETS LESS CURRE LIABILITIE% 129.447 256.956 386.403 392,521 NET ASSETS 129.447 256.956 386.403 392,521 FUiYDS Untebltictcd fidS Resirtcted nd% 14 129.447 256.956 1?3.013 269,508 TOTAL FUNDS 386,403 392,521 The chan"tabl¢ comp2nv is entitl to ¢xwnption from alit Section 477 of the Cowanie5 Act 2(M)6 foi the year ¢T)d¢d 31 1k¢mr 2020. The ebe have not requId thE compw to obtatn an awlit of its fmancial statenKtts for th¢ year enaed 31 December 2020 iD accorda Scdion 476 of the Companie5 A¢t ?(X)6. The tnjstees acknowlÉxlgc t1r rcsp>n511)ilitiesfor la) ensuring that the clwitable collydlly xcounling re¢A)Tds ¢omply with Secuon$ 386 and 3x7 of the Companie5 Act 2(M)6 and ptrpaTing fillanciai s¢m¢ts whi¢h give a tme and fair view of the sialc of affai of charitablc cornpany as at the end of ch financial year and o( its surplus or deficit for each financial in accordance wilh the requirernents of Sectio 394 atKI 395 and which othctwise cotnply with the llrtMents of the Comparties Act 21Y)6 relating to financial stateTTn£& so fdF &$ applioble to the thtsb]e company. (b) These fanCIal staÈ¢ents bave been prepaffd itt a¢¢ordance with the proirysions applicthle to charitsble companie5 subjcct to stnall companies giMe. The FanCIal51at£[nenl5 were approv by the Board of Tntt8 aTKI auth(Kised for IUe OD 26 July 2021 aDd were signed on its bEhalf by- I raulds- Trustee The I1 CO part ofthe5e 5cCts
Media rve Litnated Notes 10 the Financial Siaiemtnts for the yL. F.nded 31 D b¢1 2020 ACCObN1'1NG POLICIES Basi5 of prep4rirtg thc fiThaDciai ststements Tht financial Sthiem¢nts of the eharitable companj) whith is a public IeSi entiry under FRS 102. Iiave be¢n prcpaod ill accordartce with the Cljaritjes SORP {FRS 102) 'Accoullting Retrf)rting by Charili¢5.' StafrmetLt of Recommended Pra¢ii¢e applicablc to charitits pwng their aceourtrs in accordan¢c the Financial Reporttkng Sndard applicable in the 3JKI Republit of Ireland (FRS 11)21 {effedive l JaDuat)' 20191,. Findnciaj RqKJrtittg Stsndard 10? The Finallcial Reporting Stsndard 4)pIiL41blc in thc UK and Republic of ITclan& and the com[nieS Alt 2(KhS. Thc fiFwK7al 5thteme¥tts have pwed under the h15tOTical cost eonventioll. Income All IllLome is recognised in the Ststemcnt of Financial Activttics the charity. ha5 entitlement to the fiJnd5. it is Probable thal tbe will be ¢1b'¢d aDd thc bc rtitasutrd reliably. ExpeDditure LiabitstlES are re¢owt as ¢Xndiare a5 soon as Ihcrc is 8 l¢¥a] or consiruclive obligation cuEnmiltiEJ¥ the charit). to that expendinire. it 15 PTobabk that a transfer of &onornic benefjts WEII be Te4uir¢d in SLttleTneni and the amount of the obligatioll can be measuted reliably. EKpellditure is account lor on an a¢¢tuals basis and bas been classificd undL'I headin¥ that aggreJte 811 LY)St relaied to the catrgory. Whcre ¢(ts catukff bc diEctly attribUd to Particul headigS they hai"e all01j io actii'irtts a basis consigient thc USL l)f Allocaliott altd apportionment of costs All costs. ate all(Katcd the ¢irKnditLEte cateoories of the softl on a basi$ drsiglled to rcflLci th¢ use of thi resource. co5 to a particu]ar aclivÉty are allated direcily. othtts 3re apporttonid on all appropriaiL basis c.g. are4 capita oresiiumted usage. TangIble fised assets Depreciation is provided at the following annual T in orthr wtite off each assd <>ver its csttmattd wscful lile. Fixtwes alld fittings 15 /(* onmJu¢ing Ihthnct TAxatio The charity is exempt trom ¢otFthlion tax on its chari(able activities. FuDd actountin UnresthLled lijnds can used in accordance 7th charittble objcctiv&s the d]"Sc¢t0 of the tn1st. licstrtcted funds can only be usd for partiLular re5trtcteAI purptsses 1th1n the f>bj¢cts of the cljarity. Restricltons atise wben ycified by the donoroT when fu are raiscd forparticutarrestyirted purtKtses. Further exp1attiO of atUre ar putP05e of fimd is IlUded in the notes to the financiat ststrments. Hire prya$¢ and leasing RetJtsl% paid lllldcr operdting le&%es arc Lharged to the sta( of FRDancial Activities on a straighi line basis over the perithj of the Ivase. Pertsllltt C115ts and •th¢r porf-retiremeot benefrts The clwiiable operatcs a defined contribution p¢Jsion schane. Colltn7>uiii)n$ PaN7ble to the charitsble Ctstnpany's pension schetne are charged ts) the Sthiemertt of FtDaneial Attivilies ill the wiod ¢0 u'hich they relate. ODtinued_.
Mediaserve Limtted te for the Year Fnded StatemeE- co 020 OTHER TIL4Dlh'G ACTIVITIES 31_12.20 31.12.19 Pr(xluct SalG 559 INVESThlENT INCOI4IE 31.12.20 31.12.19 Rents rec%.ed Bank knierest 8.153 91 11.153 198 8244 11.351 RAisifiG FUNDS Raising don%tion$ and iydes 31.12.20 31.1? 19 FundrdiSin8 Support costs 78 1.1.59 1,237 SLPPORT COSTS Governance costs Totals Gospel Ptopagats"on 15,552 217 19 1,625 17.413 NET INCOMEIIEXPENDITLRE) Ntl lll¢(>mell¢x1IUre) is sta*d aftLTcbaTgingl{¢reditingl". 31.12.20 31.12.19 Depreciation- owned a&8ets Other operating leases 217 18.553 255 19.439 TRUSTEES. RElUr4ERAT1oN AND BEYEFfIs TILe were no tru5tees' remunerduon or other bellefits for the year cllded 31 Ikcemkr 2020 not foi the yr ended 31 December 2019. continued...
aserye Limit the Fi]JaThcikj.%ta(eellts- contin forthey nded 31 DeLetnbtr2020 STAFF COSTS 31.1220 31.12.19 Wages and.lri Other pC$tn L05t5 76.299 1.737 103,462 78.036 103,462 Thr aTr'wdge monthly nwnlxr of employ during the yearwas a5 folk)7.. 31.12.20 31.12.19 Admittiswton No employees received emolwll¢llts ID exce&s of ffiJ.(AKI. co[PARATIN.s FOR THE STATEIENT OF FIryAP4CIAL ACTIVITIES Untestricied fund Rd%tiicted fim(ts Total fun(Ls INCoTE AND ENDOWMF.Y13 FROM Donatious and legacies 50,171 97.942 148.113 (hher trhll8 activiti¢s Jnvesttnent inoome 559 559 11.351 Total 61081 97.942 160,023 EXPETr4DITURE O Raising Funds 1.237 1.237 Cbgritbl¢ #divities Gospcl PropagatiOTt 59.835 129,1)42 188.877 Total 61.072 IW.114 NET INCOMEIIEXPEYDITLRK) (31.1) {30,091) Trdnsfers belweth funds 29J83 (29J83) et movtnTrent trt hnds 30J92 (60.483) (30,091) RECONCII,IATION OF FUNDS T¢#1 funds brought fvnyard 329.991 422,612 TOTAL FLNDS CARRIED FORWARD 123,013 269.508 392.5?1 conlitiued..
edia5erve Limited ¢ Finallcial Stateme for ib¢ Yeat Ended 31 Deceffllxr 2020 inued io. 'rANGIHI.Tr. Tr IXED ASSET5 Fixtffts fittings COST At l Janw 20?0 and 31 Detember2020 14.205 DEPRECIATION At l January 2020 Charge foryear 12,758 217 At 31 December 2020 12.975 PIET BOOK VALLE At i l December ?020 1230 Ai 31 DeceTnbEf 2019 1.447 DEBTORS: AMOUNTS FALLING DUE WITHIN YEAR 31.12.20 31.12.19 Trade debtors Other deor& 3.780 2,126 3.780 7,139 12. cREDoRs.. AMOUP*TS FALLIliG DUE WITHIi% ONF. YEAR 31.19_20 31.12.19 Bank loan¥ and ovetthafts (see Dote 13) Trade creditots 4,452 4.565 4,452 5,696 13. LOATriS An analysi5 of tbe jnatiwity of loaDS is given belo.. 31.12.20 31.12.19 Amoullts fallittg wxthin oue yr4r dell. Bank ovttdrafts 4.452 4,565 10 continued...
Medi3serve Limited Notes io the FtnaDcial St2 forthcy arEn3{ D - conlinu&J ber20?0 14. MOV£MLNT IN FLJ¥DS Nd TrdnsfeES bettveen funds vemeni in thds Al 31.12.20 At 1.1.20 ureStricted fudS (Tene fwid 6,4.14 129,447 Restricted funds Biblts olne Projrft India ScripnJr¢s forjews Ethiopia China Uklr Bum)a Other (3.418} 13.926 (3.i26) 28,1)42 5.918 1234) 19.421 123.255 18921 30.934 53,838 4.804 (7580) 9J12 3,868 (2341 13.521 137.032 (913) 39.669 60295 7.119 {16.4311 2.654 21 (1.572) (9.7521 17.163 3295 269508 11?55 256,Y56 TOTAL FTIDs 39?5?1 16.118) 386,40.3 Net movement in fi15. included in ibe above are as follows: Incorning Resources Movemcnl eKpcnd in fillHIs unrestrict fuThds GLneral fund 37,641 (31,2071 6,434 Restrirted fund5 Bibles Otn¢ga Project llldia Ethiopia 725 34.351 10.774 8.488 11.572 30 1633) (29.5471 (18.3541 (9.707) {8,918} 191 (1.5721 176,5601 92 4,8(H (7.580 {1.219) 2,654 21 (1.57?) (9.7521 UkTain¢ Buttlla Other 66.808 132,748 {145.3() 112 5521 TOTAL FUNDS 170,389 (176.5071 (6.1181 onlinued...
Mcdia oi 10 the F" - Continued for the Year Ended 31 Dc¢cr2020 14. MOVEMENT IJ¥ FUJIDS- C4bBtinlled Comparatives for mfyveme•* In f¥nds Net Transfe[5 twecn At 31.12.19 At l.l.T9 in lun&$ Lnrestricted funds Genlral nd 91621 29.383 123.013 Restricted fvnds Bibles Omega Projcct IT1& Scriptures ForJew5 F.Ihtopia China Uthine Burll Other (878) &470 43.020 98 23341 148.962 1?.4981 8.269 {33J81) 1272) 2223 (7.879) 1421 (2.813) (91 1601 (12,0431 (4.051) {J,4181 13,926 9.630 1234) li,521 137.032 {913} 39.669 60,295 54.741 53.150 (13.980) 16_4l8 (1.092) (9.273) (31.IIKP) (29.383) 269.508 TOTAL FUNDS 422.612 (.i0.091) 392,521 CompardliNe net To.eM1t in fids. iwluded in the akne are as follows.. laeomittg Mow¢ment in fimds Lnrestricted funds Cicneral fund 61081 {61.072) Rcstricted funds Bibl¢5 Olnega Project India Scriptures for Jews Ethiopia 139 9.377 30 2(N) 40_142 13.504 (2,6J71 11,1081 (33.4111 {472) (37.919) (21.383) (17,620) 114.49? (1498) 8269 (33,381 } {2721 2,223 {7.8791 113.9801 16,418 Burnia Other 30.910 97.942 IE29,0421 131,1001 TOT.4L FUNDS (190,1141 {30,0911 C4)ntinued...
Mediaserve Limited Notcs to the Finantial Stskll]enis- conli fvi the Year End l D"ember 20?0 14. MOVEMENT FLNDS- continued A currcnt year 12 moNth$ 8j wior year 12 cothsned t#)sition is as follows.. Net nM)vetnent Transfers iween funds Atl.l.l9 31.12.20 Unrestricted fund$ Getter rEd 91621 7.443 29383 129.447 Restricted funds (878} 8.470 4i.020 98 3.341 148.962 (913} 54.741 53.150 (2,4(kn) 13,073 140.961) (272} 1421 6,499 3,859 (60) 14.924} (2O,4¥2) (3.326) 28,04? 5,918 (2341 19.4*1 123255 1892} Omega Project India Scripture5 for Jcws Etbii)pi3 China UkTainE Burnia Oihcr (5225) 21 I 15.55? 6.666 18,2551 1S,978) 53,838 (43.65? {29,383) 256.956 TOTAL FUP4DS 4??.612 (36.209} 386,40_3 .1 cutrelli year 12 mooth5 alld prior year 12 months ¢OllLbined na movement in funds. included in the alK)ve arc Resources expeIL%1 Movcmcnt tE50Utce5 UrestrICted funds General fimd 99.722 {92279) 7,443 Restricted luNd5 Bible5 Omega Project India ScTiPtures forJews Ethiopia 864 13.2701 130.6551 151.7651 (4791 {47.6261 (30,301) 191 119.19 191.0521 (2.406) 13.073 {40.961 } 1272} 1,004 10_804 48.630 25,076 30 Ukraine Bumia Other 21 {l5,552) 97.718 230,690 (274,3421 143,6521 TOTAL FLryDS 330.412 (366.621) (36,2091 13 cotlÈinued...
Mediasctve Limjied Oks (o the - coniin ded 311)¢ber2020 15. REI.ATED PARTY DISCLOSURES There were no Eelated prty tsansactiot15 forthe year ended 31 DeceEnber 2020. J6. LLTIMATE COTr4ryROLLING PARTY The chity is Controlled by its tTU5ttts who are page l. No individual eAt]seS overall control. 17. DEPRECIATION Fixed costing more tbalt £l(KKJ are capxtalised at co. 18. RESTRICTED FUYDS The Lharity's restricted fimds hai'r thE followng pur[.. il Bibles Fund utilid to provjde biTrle5 to the efiCialES 0(the clwity. ii) Omega Project A project aimed at pTh>vidin8 a free bthle to every jewith home Ru55Éa and Ukrain -) India Funds utili5ed forpnniitig and d¥strilMrting-The STet 0fTn Life. seven Indian langa¢s. They are also used ID tbe skme ColeCtiOn forNew Testsments aDd-The Ga of Life- bible study znareriai. iv) Jewish Scriptres Funds uscd for priniing 2nd distrbj uLtng Ne Testarn¢ni cditions for Jewish IpIe which include an introdllctorv scrtion OTt ho. to deTr"clop &Ettbonal relatiOEJship with Go(L v) Ethiopia Fund 115cd forpriniing and distributing bibles wntten in the An)hari¢ laoguage. This bible coth(ain% special feathre5 for Jeu's and MusliEfL5 Thell as for general distribution. vi) China Fund employed for prin18 atmj distnknutiDg scriptuEes ChÉD4 incI}ingbiljlC keys. vii) UkniTSC Distribution of Ru&%iall KiDg aTLd Jewish bilTrles UkraÈlle. Yiul Burma Di5tributi¢m of ButTTKse bibles. ix) Otber Stnall fulld5 to advance the chatity's objectives ID locatio. 14
rve Ljmiled Detailed. ent of Financial Activities f r the Y ar Endvj 31 Ikc¢tllber2020 31_12_20 31.12.19 INCOME MD EYDOWTrILYrs Doogtion5 ad legacie5 Dottations 162.145 148,113 Other tr3diThg ¥ctivitie5 Product 8al¢s 559 Inve$tEllettt RltS reLtivcd Bank Inieresi 8.153 91 198 8,244 11,351 Total incvming resources 170.389 160,023 EXPENDITURE Rxising don4tiODs and leg*ties l.'undTaising 78 Charitable acti)Trttes Wages Pensions Rellt Uiilities Insurnncr SundTie5 Projeci Costs Forcign exchange differenc Professiona] Ice% Royalties 76.299 1.737 18.553 592 1.386 ?.098 58,042 (905) 129 103.462 19,439 713 1.362 314 99,820 161,220 1.289 391 159.094 165.570 Sllpport costs Mana%ement Ad]nistratiOn Offite Costs 6.59? 8.960 6,013 11,031 15.552 17.(144 Deprlation of lan1¢ fixc4] &&sets 217 255 Other confenCe costs 1.024 Other 2 Trd&ellin 19 This page d0¢5 nOtf part of the staw fill¢131 stsÈements 15