REGISTERED COMPANI. NUhlBF.R: 07431.528 (F.ngl&nd and lTrales} REGISTERED CHARITY NUMBER: J139276 rt of the Tw%tees and UnalldilLd FinanLial Staicmcnis for thc Ycar EndLxl i I Ikccmbcr 2023 for Mediaserve Lid Chri5 ￿aVE￿an Accounianis 195 Erniin StrcL"I Swindon 'iltshire SN3 4NA Mediaserve Ltd Contents of ihe FinanLial Siatemen fur tht Yeur Ended 3 1 DeLernbLr 2023 Report of the Trustec5 Independent Examinels Repon Siateinent ol-Financial Activities Balance Sheet Cash Flow St&ement Notes to the Cash Flow Statement Noieb 10 Financial Siai¢menis 10 10 17 Mediaserve Ltd (Re isttrtd number.. t174_115)8) Re on of Ilie Trustees ftsr thL YLar EndLd 3 1 DcLLrnbLr 2023 The Iru51e¢s who a￿ also directors of Ihe ¢haiity for the puwtK)5t5 of Compani&% Act "IM)6. present their report with the fin3n¢ial staleinenls of the knharity for ihe year e￿Ied _3 l Decembtr ?O?_l. The Irusiecs have adopted the provisions of Accounting and RLPUrting bv Chuntie%'. StstttnLllt vf RLcoiIimtnd.d PtULiiCC ￿￿p[iLUb￿. to chatitlLs prLparing their ULLuunts in uccordanLK' with the Financial Reportin￿ Stsndard applicable ir tht UK and Republic of Irrland IFRS 10?) (etTecrive l January 2019). OBJECTIVES AND .AcT[￿'1TTEs ObjeetSves and aims Thc objLLts of thc chatity #rc its ad￿anCe tbc Chn'siian rLlidts ￿ for the lthcfit of thL publiL in suLh parts of the Unitcd Kintsdoin aiid Ihe world as the irusiees rnay trom lime to lime think tit in accordance with ilie iea¢hing8 of ihe Chrisiiall taith as expressed in the Bibl¢, partiiularly. bui not exclusively arnimg Jews. Public benefit In plannillg our aLlivitics for thc pcri(￿l WL kcpt in mind the Lharity Con)mission gllidancc ot) public bcnLfJt, al t￿￿teC mcctings. In view of the charity's objectivei to adi'ance the Chrislian Telinion foT ihe benefil ot. the public in accordance with tlie teaching5 of the Chnsiian faith as expressed in the Bible. parti¢ulJrly. but not exclusively arni￿g Je￿.5. The work of the ehJrit! hai continued lo w'ork in accordance with tbese aim%. seekin¥ to proM￿e the public benetit throu￿ the chanty's work. Th15 has been done through the dislnbulion of Iiterdlure lo the public which fonTrards these aJTTr5. ACHIEVEMENT AND PERFORIIANCE Charitable artlvlties The charity hd% continued to raise lunds from generou5 don01￿ and tur￿% have been di%peTred successtully in order Io Tnake signifiLaTri piogress wiib lis objetiives. A new w'ebsLie foi the Bible sityjs. niaietial "Bibl¢Kevs" (18 languages) along th'iih addiiiunal lessons fjnalistd in •021. Tbe Lhariiv has also w'orked with Partner oroanisalions who have raised signifiLanl funding for key scripture projects in Iiidia, China. Ethiopia. and several oiher nations. FINANCIAL REVIEW Investment policy and objectives The charity's excess fund5. are ￿&Ined LD aIi interest betsring a¢£ount with the clmrity's banke￿. Reserves poliry ie tru%tee% L'un4idei that the Lharitv'& ￿e4eTr.￿ should be suificient to cover the fullowin¥ LontiTr8enL'ie4 In oidei to facilitate the winding down of its operatlOll5 whilst mitiLn115irio the incoTrNenience lo beneficiaiies in the ekent of the chatity ceasLTrg lo operate on a ptnnantnl b2SIS'. Sutfieient funds to meet any liabilities arising froffl redundaffcies- - Th￿ months non-siatring costs 10 enable ierniinaiion o(coniracts wilh suppliets Orgo￿ts alld sen'ices. Financial review The charity conrinues to function sucies5fully with funds irin8 Utilised to fulfil the iharity's objectives.The Trusiees have used FeneFal trunds to cotnplde or expand ctrtain projects where restlict￿ funds We￿ in5u(fJciet]t. FUTURE PLANS The ITU5tees intend to continue focussing on developing Tjew and innoi'ative ways of Usi￿(1 objects. literalure and other means to achieve it5 STRIICTLIRE, GOIIERN.QNCE.4ND mANAGE￿IENT GoverninE d￿￿ment The cliaritv is controlled by its governing documemo a deed of ttwi, and constitutes a limited cornpany, limiied by guaTant¢e, as defined by the Companies Aci 2￿6. Medias¢rve Limiied is a Charity established 011 8ih Deccrnber 1980. The ciwiiy ivas esrablish¢d under a Declaraiion of Trnsi. wliich sct l)Llt ihc objccts alld powcrs ol- Ihc charily aDd w2s go¥'crncd bv its Trusi Dccd ￿hich was ct)icrcd on ihL Qharily Conimission's central register on 8th December 1980. On 5th Noi'eniber ?010 Ihe chatity Was incorwraled under tlie C.ornpanies Act 2006 and its objects and wiwers are now delineaied b). its Memorandum and Articles of Assixiaiion. The charity is managed by the Board of Trnsiee%. Mediaserve Ltd (Re isttrtd number.. t174_115)8) Re on of Ilie Trustees ftsr thL YLar EndLd 3 1 DcLLrnbLr 2023 STRUCTURE. GOVERNANCE AND MANAGEMEiwr Recruitment and appointment of new trustees Tru%ieL% urL' ICLruitLd llLeded trom tt divcrtie of th"fftrent biLk¥rounl%. EuLh Iru&tee rLle%'ant experiLllL'L and ￿ widt skillR base which thev bnng lo ilrir service a5 tTUStees. JN the el'ent of particular skills beiTrE 1051 due to retlTement5. Individuals are approacheL1 to offer themselves for election to the Board of Tmsitts. They are elected to the B(wd of Trustees by a vote taken by the ¢urreni truste¢¥. Or2#nis#tional strutture MediaseThe Limited has a Board ot'Trystees ot up to six tn￿lee$ who ft￿[ a minimum ot-two lim&s a year and are responsible for the sli'alegic direilion and poliii, of the clwity. At presttlt the cor]n]iiiee cornprises four truslees. The rhitrity'.s Iru4l¢e% havE control of th¢ chantv aDL5 Ils prop¢rty avd fund%. Exi%ling tru%¢ees may Jppoint ddditional twstees to their number, at anj lime, providing Ihe total number of rnjstees is a minimum number of ihree. Induction aThd traiDing of new tru5tee5 Once trustees are appoinied, time LS taken 10 familiarise ihem wilh the praciices and requ1￿Men¢S ihey iieed &$ tnjsiees. They are also made fainiliar willi all a%peet% of the chdriry's work and fina￿la1 4ituation. Any fvrther trdinin8 or inductloll Idkes pldce d% the need anses. REFERENCE AND ADM1Tr41STRA T[￿E DETAILS Registered Companv number 07431528 Wales) Registered Charity number 139276 Registered Iniemational House 12 Collstance Street London E169DQ Trustees Faulds B Kalliinel DLGunn A LiljLhall Independent Examiner Christopher Vaugha Cliri8 laughan ALLuuntani 195 Ermin Street SWi￿10n Wiltshire SNA 4NA Bankers National Wesimintiter Bank PLC 84 C()mtneicial Road Swii)don Wiltshiri SNI 5NW Approved by order of tbe board oftrustees on 8 July 2024 dnd Sibyned on ILS behalf by: Mediaserve Ltd (Re isttrtd number.. t174_115)8) Re on of Ilie Trustees ftsr thL YLar EndLd 3 1 DcLLrnbLr 2023 l Faulds- Ttusiee Indc endent EA￿li￿le@S Re Mcdiasirve Ltd on to the Trustees ol Independent tx&minerf5 ￿pOrt to thv trustees of Nledi85eTh'e Ltd I'lhe Compani.) report io rhe uharii>' Irusie¢s on m}. examination of the aicoimts of the Compani" for ihe ￿r ended 31 D¢¢ember 2023. ReSPOT15ibilities bw515 Dr report As the charil}'s In151ees of the Company land al￿ its direeiors for the purposes of company lawl you are responsible for tlie prtpurlltion uf tht ￿L'cuU11t￿ ￿ accord4LllCe with tht rtsiiiiremLllt4 uf tht con1p4￿1￿ Aci 2O(kn i*he 20D6 Ac¢l. Hjving satisfied my>elf that the a¢¢ounts of the Company are noi requiryd to be audiied under Part 16 of the 20U6 Act and are ¢libpible for independent examination. I report in respect of mv eyamination of i'our charity's accounts as ¢arried out under Section 145 of the C'harities Aci 2011 I'the 2011 Aci'l. In catTving oui m)" examinaiion I have followed iht Dire¢iions given bs, the Chaniy Commission undcr Sc¢tion 145{51 Ibl of t}￿ 2011 Abt. Independent exatniner 5 5taternent Sinc¢ your charily's IncTrtne eKce¢deil £2!0.(KM) your txamiTJeT b¢ a metnber of a listed Ex)dy. I can ct>nliTrn Ihilt l qualified to undenak¢ th¢ examination because l am a member of ik Insiiwie of Chanered Accountanis in England and ￿lales, whiLh is onc ot thc lisicd bodics. have completed my examination. I confirni ihai no matters have come to my attentlon in ioiinectim willi th¢ exaininaiion giving me cau%e lo belIe￿e.. acLoullting ieioids were Trot kept Iti reJPCLI of ihe Company &% rtquifftl by Section 386 of the 21x16 Act: or the accounts do not accord with those recor(ts." or the accounts do not compl). ￿'1th the accouniing require]nents of Section 396 of the 2￿6 Act other than any requirement that the dccoiint% give * true aTrd tair i'i¢w which 15 nol il rnart¢i Con￿ldered ab part of an independent exarnin￿tioll. or Th¢ a¢¢ounTS hal'e noi been piepared in ac¢ordance Wilh The meihods and ptin¥ipIts of ihe Siaietneni of Re¢omtnended PraLtice for aLLounting and rewrtirtg by charities lapplieable io Lhariiits preparing their acLounls in acconlance with the Fiiiancial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I h￿ve no Concerns and hai'e Lome aLri)$8 no other matter8 in connectiun w'irh the examination to which attentiLFn %hould be drawn in this Teport in order to enable o proper Vnde￿thnding of ihe acwunis to be reached. Chri¥iophcr Vau¥hu The Insiiwte of Chanered Accountants in England and Wales Chns VaubThart Accountanis 195 Ermin StrLYt swi￿10￿ Wiltshire SN3 4NA 8 July 2024 Mediaserve Ltd Siaiemeni of FinanLial Aciivities ftsr thL YLar EndLd 3 1 DLLLmbLr 2023 31.1? 23 Total Thds 31.12.22 Tot31 fun Unteslii¢led fund Re5tTiCted funds Nvtes INCOME AND ENDOM'MENTS FROL¥I Dongtioiis and legaLies 15,603 234.347 249,95(> 856,712 Invegimeni income 'I'ot*l -3.067 85Y 779 17.536 2J4.347 251883 EXPENDITLTRE ON Charitable artii'ities Gospel Piopagutiv 148.021 32i.666 415.213 IYET INCOMEI(EXPENDITURE) 1130.485 99.li4 (30.731) 8.702 W,754 (41.0521 171.783) 444,566 TraDsfers be￿"een fuDds Nel movtmenl in fund$ 14 171.7831 444566 RECONCILIATION OF FUNDS Toial funds brvughi foTivard 434.705 445.940 880,645 436,079 TOTAL FUNDS CARRIED FORWARD 404.888 808 862 880.645 The notes lorni part of these fuk￿claI siatements Mediaserve Ltd (Re isttrtd number.. t174_115)8) Balance Sheet 31 DLLLmbLr 31.1? 23 Total Thds 31.12.22 Tot31 fun Unteslii¢led fund Re5tTiCted funds Nvtes FIXED ASSETS Tangible assets 10 755 755 888 CIIRRENT ASSETS Dcbtors Cash ai bank and in hand 2.672 805.435 808,107 416.03 467.?71) 883_317 403.?19 4fy1.¥88 CREDITORS Atnount4 falling duL within one year 12 (3.560 NET CURRENT A.SSETS 403.?19 4C4,888 80¥.107 879,757 TOTAL ASSETS LE.S8 CURRENT LIABILITIES 403.974 4C4.888 808,862 s80.￿5 NET ASSETS FLNDS Unrestricted funds RL¥tsiLtLd tund. TOTAL FUNtYS 808 862 14 401.974 404 8¥8 808 862 434.705 445 940 880.645 The chariiable coinpanv is entitled to exeryiion audit under Settiott 477 of the Cornpanjes Act 2006 for the year ended _I I Dccctnbcr 2023. The rntniber5 havt not required the company lo ohtain an a￿111 of its financial %latements for the year endd 31 Decemher 2023 in accordance wilh Seciion 476 of Ihe Companies Aci (KJ6. The M￿reeS a¢kno￿ledge their responsibilities for ensuring that the charitable company keeps accountin¥ rttordts thdt comply with SeciiorL% 386 and 387 of the Compdnie% A¢t 2006 and prcparing finthncial statcrncnts. which qii'e a truc and fair i'icw of ihc ststc of affair5 of the charitablc conipany as at the elld of ea¢h tinancial year and of its surplus or deficit lor each fiiiancial *e¥r In accordance with the requireinents of Sections 394 alld 395 and which otherwise comply with Ihe requirerneDts of the Companies Act 2(K)b relaiing to financial statements, so tar applicable tn the clk11itable Ciimpany. (b) The notes lorni part of these fuk￿claI siatements continued... Mediaserve Ltd (Re isttrtd number.. t174_115)8) Balance Sheet- ¥onlinued 31 DLLLmbLr These financial s1Qi¢m￿lS have been prepared in accordanie wilh the provisions applicable to clwitable Companies subject to the small companie5 re&Fimt. Th¢ financial 5ts1eTThents weTe approved by the Board of TTuslees and authori5ed for issue on 8 July 2024 and were signed on its behalf by.. l Fiiulds- Trus¢Ee The notes lorni part of these fuk￿claI siatements Mediaserve Ltd Cash Flow. Siaiemeni ftsr thL YLar EndLd 3 1 DcLLrnbLr 2023 31.12.23 31.12.22 No C*$h flovis from operating *¢tiviti¢s Cash generated froni operations Net cash provided by OFCrnting activities 341.716 i41.710 Change In e*sh cash equlvalents the reporting period C*sh and Cash equivalents It the beginning of ihe rewbrting period Cash and cash equivalents at the eTrd of the reportlng perlod 341.716 26,389 463.719 437 330 805.415 463 719 The notes lorni part of these fuk￿claI siatements Mediaserve Ltd Noieb 10 ihe Cash Flow Siatemenl ftsr thL YLar EndLd 3 1 DLLLmbLr 2023 RECONCILIATIOP4 OF NET lE.¥PE￿DlTLREIQNc0.￿1E TO NET CASH FLOM. FROM OPERATING ACTIWITIES 31.1223 31.12.22 et {expenditureVincome for the reporting period {as per the Slatement Df Fillallcial Activitie51 Adjustments for: Depretsiaiion chl< rges Vecreas&{Increase) in debtors DeLrtrasc in creditors iyet cash provided b). operation5 (71,7831 444.566 133 413J6( 157 1413.4861 341716 ANALYSIS OF CASH AND CASH EQLIVALENrs 31.1223 31.12.22 Cash in hand NTrtict deposits {le*S thav 3 months) Oi'crdrafis in¢ludLd in bonk loan5 and ovcrdrafts falling duc within ODC ycar Total c￿h and cash cquiNalcnts 352 8n5.O83 249 467.030 805 435 46.1719 ANALYSIS OF CHANGES IN IIET FI[￿"Ds Ai 1.1.23 Cash flow Ai31.12.2.1 Net cash Cash ai bank atKI in hand Bank UWLrdrdll 467279 3.38.156 3,560 341716 341716 805.435 461.719 461 719 805.4.35 8Uj 43 Tot#l The notes lorni part of these fuk￿claI siatements Mediaserve Ltd Noieb 10 ihe Financial Siatemenls ftsr thL YLar EndLd 3 1 DLLLrnbLr 2023 ACCOUNTING POLICIES Basi5 of prep3Ting the financial statemeDts The finuncial %tdtemLllt% uf thc Lharitsble companv. ￿hiL￿ is a public ￿nefit tnlity under FRS 102, b￿n prepdiLd in accordance wilh the ChaTilies SORP (FRS 1021 'AccountiDg and Reportino by C.harities= SiateilleTrt of Recownrnended Practi¢e applicable to chari¢]e> preparing their *¢counis in a¥cordan¢e w'ith the Finan¢i*l Reporting Stsndard appli¢Jble in the UK and Republic of Ireland IFRS 102) letTeciive l Januarv ?019I'. Financial Reporting Standard 102 The Financial Reptsriing Siandaid appliiable in Ibe UK and Republic ol Ireland, and the c.ompanies A¢t 2006. The financial siaiemenis havL IKcn prlP￿Ld under thc histOriLal cosi LonventLOn. Incojne All Income 1.4 rec(Ign15ed in tht Staletntnt of Financial Ac¢ii'itie5 once the charity enti¢lernEnt to ihe funds, it 15 probable that ihe incom¢ will be re£el￿'¢d and Ihe amouni can be Measur￿ reliably. Expenditure Liabililies are recognised as expeThJiiure as swn as there is a legal or constsuctive obligation commiiting the charity to thai expenditure. il 1% probable that a transfer of economic benefits will be required in settlemenl and the amount of the obligation can be Tneasured reliably. Expenditure is xcounied for on an accruals ba51s and has been classified under heading5 that agoregute all Lost ieldted tts the care8Ot%'. Where costs Lannot be directly attribllted to particul￿ ￿ddingS they have been allocated io actI￿ltIeS on a basis consi£ieni with ihe use ot resowces. Allocation #lld apportlonThe￿¢ vf ¢05t5 All ar¢ allfftaied Tht ¢xpendiiure caiegories ol SOFA on a basis designed 10 refle¢1 Ihe use of Ihe resource. Costs relating io a partiLular actlvlly are all(xated direcily* others art ap￿rtiOned on an appropriale basis e.& Iloor are￿. per capiia or esiimaied usaL)e. T&ngible fixed 8$s¢ts Depreciation is proi'ided ai the following arujual rdies in OTder io wri* off each a55¢t over lis ¢stimatal useful life. Fixtures ajid fittings 15Q/o on reducing balance Taxatio The charity is exempt from corwration on its ch￿l￿ble activities. Fund *ceountAmg UnrLStiirtcd fun￿5 bL' uKd xrorthdncc with ihc Lharitabl¥ ubjcLriv&% 4tt thL dI￿TL[lOn ofthL mi4tcc%. Rebtricted funds can Ot]l} be used for particular restricted purw>5es witbin ihe objects of the Lharily. Restrictions aribe when specilitd by the donor 01 when futwjs rai5¢d IDr particular r￿tricted putP05¢5. FurthLY cxplanation of thc ￿t￿re 4Lnd putY0￿ uf cach fund is includcd in thL notcs to thc financial staicmcnL%. Hire purehose and le45ing eommitments Rental% paid under operaiin(v leases are charged io the Statetnenr of Financial A¢tiwities oil a strainht lin¢ basis ov¢r the penthd of the leAge. Pension Costs and oiher post-retirement benefits The iharitable compaiiy operate5 a defined contribution pension scheme. Contributions pavable to the charitsble coinpany's 4chtrne are chargrd lo ihe Stalemevr of Financial Activilies in th¢ peri(￿ tsi which they relate. 10 continued... Mediaserve Ltd Noieb 10 ihe Financial SiatemenlS- contin￿1 ftsr thL YLar EndLd 3 1 DLLLmbLr 2023 DONATIONS.4ND LEG.4CIES 31.1223 31 12.22 DoThlltLUnS 249 950 856 712 INVESTMENT If4COME 31.1223 31.12.22 Rent% reLeived Bank Inietesi 728 2,84 I 216 CHARITABLE ACflVITIES COSTS SupTX)rt costs (see ote 51 Direct Totals Gospel Propagation 30i 189 SUPPORT COSTS Governance COST5 Managemeni Finan¢e OLher 2 Totals Go5￿[ Propa(tation l %.(Tr87 133 ?546 NIT INCOMEI(EXPENDITLRE) Nct inLom&{cxpcndiiurel is siatcd aficr chargingl(crcditing)= -11.12.21 31.12.22 DrprrLl&iLlOll Other operating leases 133 157 10.249 TRUSTEES, REMUNERATION AND BENEFITS There were no tru5tee5' remuneration or other beDefils for tIK year ended 31 Dectrnber 202_1 nor for the year ellded .1 I Dccembcr 2V22. continued... Mediaserve Ltd Noieb 10 ihe Financial SiatemenlS- contin￿1 ftsr thL YLar EndLd 3 1 DLLLmbLr 2023 STAFF COSTS 31.1223 31 12.22 WJ¥L% %ularit Other pellsion costs 100,557 100,386 10? 857 The aierage monthly number of ernployees duting the year was as follows: 31.12.23 Administrdtion No employees received emoluments. in excess of £tk).¢)(K). COMPAIUTIVES FOR THE STATE￿IENT OF FINANCIAL ACtl￿.1T1Es Rc4trictcd fun Total funds nd INCO￿lE AND ENDOII'MENTS FRO￿1 DO￿liOnS and legaLI¢s 21.557 835.155 856.712 Invesirnent incame Total ?4.(Tr24 83$ 145 859.779 EXPENDITI'RE ON Charitablt 41c¢ii'ities Cjnspel Pry)pagalion 146.Rnl 26R410 41.5 211 IYET INCOfvIEI{EXPEf4DITURE) Transfers l)etMeen funds r4et movement In funds {1?2,1791 ?SO.675 2fi￿.496 566,745 380 6751 186.070 444566 444.566 RECONCILIATIOP* OF FUNDS Total lund% brought forward 259.870 43f*.079 TOTAL FUNDS CARRIED FORW'ARD continued... Mediaserve Ltd Noieb 10 ihe Financial SiatemenlS- contin￿1 ftsr thL YLar EndLd 3 1 DLLLmbLr 2023 TANGIBLE FLXED ASSETS Fixtures and tittin¥4 COST At l January ?027 and 31 December 2023 DEPRECIATIOP4 Al I laTh￿￿ 2U23 CharEe for year Ai 31 Dectmber ?023 NET BOOK I'.4LUE Ai 31 Deiembtr ?013 Ai 31 December 2022 13.317 11,450 755 888 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.1223 31.12.22 Other debtors Frepayrnents and accrued income 2,672 2,402 413.636 416 03[4 12. CREDITORS: AMOUNTS FALLING DUE ITr'ITHIN OP*E I'EAR 31.12.23 31 12.22 Bank loans and overdrafts Is¢e note 131 13. LOANS An atjalysis of the maturily of10￿5 Is given below.. -31.1223 31.12.22 Amounts falling due within one year on d¢rnand.. Ballk overdrafts continued... Mediaserve Ltd Noieb 10 ihe Financial SiatemenlS- contin￿1 ftsr thL YLar EndLd 3 1 DLLLmbLr 2023 14. MOVEi¥IENT IN FUTrIDS Net movement In funds TTansfers between funds At 1.1.23 31.12.23 Unrestrlcted funds Gen¢rnl lund 434.705 (130,4851 99.754 403.974 Restrieted funds Bibles Omega Project (JJ26) 5.842 6.701 {2.2141 2.74 2,516 32,070 2.821 {2.0521 (2,1451 Scrip￿r¢s for Jews Ethiopia China Ukraine Bllmia Other 1234) 78.3?4 (6.814fi1 17.3ii) {7,2641 94,106 148.844 913 30,995 18,981 73.442 22,935 -1.65.1 4.$24 30.995 24.604 147 ?U8 44£.940 8x0.645 {5.1751 3.8£9 (4481 73.6?51 99.7541 TOTAL FUNDS 71.7x3) XOX X()2 Nei mLiv¢ment in lunds. included in the above ar¢ as tolk)ws= Incoming re%ollrL Resources expeimled Moveinent in tunds. Unrestricted funds G¢ntral lund 17,536 (148,0211 1130,4851 Restricted funds Bibles Omega Project India SLripiures for Jews Ethiupia China Ukraille Other Farsi 5.842 11381 (9,3631 234 1831 5,842 6,701 12,2141 234 22,867 0.839 7.149 22,950 24.450 {20,5621 (fi,6691 143..1911 175,fv1.5) 321.6661 3,653 15,1751 1,494 147,240 ?14.147 ?51883 -5¥.70? 7178Jl TOTAL FUNDS 14 continued... Mediaserve Ltd Noieb 10 ihe Financial SiatemenlS- contin￿1 ftsr thL YLar EndLd 3 1 DLLLmbLr 2023 14. MOVEi¥IENT IN FUTrIDS- continued Comparatives for movement in fuDds Net movement in fund% Tran5feT5 between At 1.1.22 31.12.22 Unrestrieted funds General tund {122.179) 380,675 434,705 Rv5tricted funds Biblc% OmLga Projcct India Scriptures for Jews Ethiopid China Uktaitte Bumia Other Farsi {3J26) 23.fxl 5.979 1214) 13,126) 27,42 1 7.180 6,632 26,1195 (2,7921 {24.894) 67,571 6,178 7.892 121 ?881 {1.8￿) {2.4¥11 78,324 1_33,244 4.524 30.995 24,604 143208 130,965 1887) 30.995 28.5?4 {_1,9:01 45fi 197 560,745 444.5CIfi 249.870 -380,6751 TOTAL FUNDS 88Q.645 Compardtive nei moverneni in funds, inLllldd in the aFM)ve are follow& Incoming resources Resi)urces peTMJed Movement ex In Unrestricted funds General fund 24.624 (146,80.AI 1122,1791 Restricted funds Omega Project {2 r)761 {56.8841 (.4.3891 (6,g171 13781 6.632 26,095 (i7.571 6,178 7,R92 11,9201 45(? ?97 566.745 444 i()6 82.979 70.9ti0 12,995 8270 Eihiopia Chit Ukraine Other Fdrsi 650.643 835.1 i5 859 779 194 3461 1?68 4101 415 2131 TOTAL FUNDS continued... Mediaserve Ltd Noieb 10 ihe Financial SiatemenlS- contin￿1 ftsr thL YLar EndLd 3 1 DLLLmbLr 2023 14. MOVEi¥IENT IN FUTrIDS- continued A eutTent year 12 months and prior year 12 months combined p)sition isas lollow3'. Net movement in fund% Tran5feT5 between At 1.1.22 31.12.23 Unrestrieted funds General tund 52.664) 480,429 403,974 Rv5tricted funds Biblc% OmLga Projcct India Scriptures for Jews Ethiopid China Uktaitte Bumia Other Farsi {3J26) 23.fxl 5.979 1214) 5,841 13,333 23,881 234 ),438 ?9,113 11.545 2,516 32,07 2.821 (4,8441 {27.Oi9) 128,1731 94,306 148,844 913 30.995 18,981 130,965 1887) 30.995 28.5?4 {9.7451 {9,0951 (4481 39R.9461 480,4?91 249.870 f> 5,447 i72 7S3 TOTAL FUNDS 8(b8.8()? A ¢urrent year 12 month% and prior year 12 month% ¢umbineJ net moi'ement in funJ%. included in the abowe è￿e ab foll¢)ws'. Incoming resources Resi)urces peTMJed Movement ex In Unrestricted funds General fund 42.160 (294,8941 952.6641 Restricted funds Bibles Otnegj PrujeLt India Scriptures for Jews Ethiopia China Ukrainc Other Farsi 5.842 12.8141 16(i.)471 274 (3,4721 18,.1321 {20,9401 {10,%891 (317.1171 444.0551 738 $791 5.842 13,333 23.881 234 90,438 29,11.1 11,545 19,0951 4￿).156 62$ 447 372 781 16,147 90.128 9i,910 37,445 39.485 1.494 797.893 1.069.£02 1.111662 TOTAL FUNDS 16 continued... Mediaserve Ltd Noieb 10 ihe Financial SiatemenlS- contin￿1 ftsr thL YLar EndLd 3 1 DLLLmbLr 2023 RELATED PARTY DISCLOSURES There were no relaied paty transactions for Ihe y&qrtnded 31 December 2023. 16. ULTIMATE CONTROLLtNG PARTY The charity eofitrolled by its tru5t¢e% who are named on page l. No iiidividual exercibes overdll conirol. 17. DEPRECIATION Fixed assets cosling mor¢ thatl £I(MNI are capitalised at cost. J8. RESTRICTED FUNDS The charity's restiicted fi￿￿ have Ihe follow'ing pll1rrf￿s= il Bible% Fund ulilised lo provide bibles lo the beneficiarjes of the clkuiij. ill Oniega Prvjeci A proFci aimed ai Providingi a t￿ Bible io Jewish h(mies in Ukraine, Igrnel and Ethiopia. iii) India Fund.% utilised foi printlD¥ and dI.￿tributI￿¥ Yhe Secret ot TTue Lif¢- ITr 5ei.en Indian lan(Fuageq {Inore tran%ldtiOllS ktre in progress}. They are also used in Ihe iatnt cvnne¢iion for ihe b(￿kIe1 -The King, New Tt51am¥nis and "The Gale 10 Life" Biblt study material. iv) Jewish Scripture5 Funds used for priiiiing and disinL￿tillg New Testhmeni edilions for je￿,1$h people which include an introduciory seciion on how to 4Jevelop a perwna] relationship with God. vl Ethiopia Fund us¢d fur printing dnd disliibilting Bibles an41 New Testalnents ivritt