Registered Charity No. 1154646 EVANGELICAL PRESS MISSIONARY TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 IUNE 2025 Contents: Pagel-3 Trustees Report Page 4 Independent Examiner's Report Page 5 Statement of Financial Activities Page 6 Balance Sheet Page7-9 Notes to the Accounts David Cooke & Co Chartered Accountants 5 Briar Close Banbury Oxon OX16 9DS Page I EVANGELICAL PRESS MISSIONARY TRUST TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees have pleasure in presenting their report and the Financial Statements of the charity for the year ended 30 June 2025. Objectives and Activities Ob'ectives and aim The objects of the Charity are to advance the Evangelical Christian Faith through the preparation, printing. publishing and distribution of Christian literature with the exception of any such literature published in the English language. nificant activities Evangelical Press Missionary Trust carries out its core mission by means of literature, radio broadcasting, television, audio visual materials, leadership training and elertronic media to communicate the gospel of the Lord Jesus Christ Public benefit The trustees have complied with the duty under Section 4 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission, and the trustees have paid due regard to this guidance in deciding what activities the Charity should undertake, Public benefit is seen in the publishing and promoting of Christian literature and educations materials for the public in different countries and in different languages, primarily but not exclusively Russian 2nd French. Achievements and Performance The principal activity of the Charity is the publication and sale of Christian literature in the French and Russian languages. This literature has been distributed to many countries through the Charity's representation in France, Ivory Coast, Benin Republic and other French speaking countries in the world. Translation and production of literature in the Russian language is centred in the Charity's subsidiary in Minsk, Belarus. The literature work of the Charity is supported by regular training and educational conferences held in a number of French speaking African countries. The speakers at these conferences are drawn from indigenous personnel augmented by those from France and elsewhere. The ChariWs activities in Eastern Europe were managed by a wholly owned subsidiary in Belarus, Faverdale Limited Liability Company. Faverdale LLC helps to facilitate the distribution of the Charl￿S Russian literature in Belarus and other Russian speaking countries. An annual Summer School of study is sponsored to help train and educate local pastors and church workers. In light of the continuing war in Ukraine and the economic sanctions against Belarus and Russia, distribution of Russian literature has been severely restricted. Nevertheless, Faverdale LLC has been able to continue to trade, in part sustained by translation work Page 2 EVANGELICAL PRESS MISSIONARYTRUST TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 (Continued) Financial Review Princi al fundin sources The principal sources of funding are gifts and grants made by individuals, other trusts and charities, together with the sale of books produced by the Charity. A major part of the direct costs of the Charity relates to the production and distribution of these books. Investment olic The Trustees have the power to invest in any investment they see fit, subject to conditions imposed or required by law. Reserves The Charity holds unrestricted funds to cover ongoing costs in relation to the running of the Charity. The level of reserves is reviewed by the trustees regularly throughout the year, and the minimum level of reserves required is reviewed on an annual basis. This review encompasses the nature of income and expenditure streams, the need to match income with commitments, and the nature of the reserves. The trustees therefore consider it prudent to hold unrestricted free reserves (total funds less the amount held as fixed assets) which amount to at least 6 months. running costs. Reserves as at 30 June 2025 amounted to £30,056 (2024: £33,064). Future plans The Charity continues to seek sponsors to fund the translation and printing of further Christian literature in the key areas of activity. Structure, Governance and Management Governin Document The Charity is controlled by its governing document, a deed of trust, and constitutes a Charitable Incorporated Organisation. It was registered with the Charity Commission on 19 November 2013, registration number 1154646. in inin The trustees have the power to appoint any other person as a trustee, subject to a maximum of 12 trustees. New trustees will be invited and encouraged to attend a training session at the charity's registered office to familiarise themselves with the charity and the context in which it operates. They will be provided with a copy of the Constitution and of the Charity's latest Trustees, Annual Report and statement of accounts. Page 3 EVANGELICAL PRESS MISSIONARY TRUST TRUSTEES REPORT FOR THEYEAR ENDED 31 MARCH 2025 (Continued) Structure, Governance and Management (cont.) an i.$2ti I tructure The trustees are responsible for all decisions and activities within the organisation. Specialised committees are responsible to the Board for the operations of the French language work, and for the Russian language work through Faverdale LLC. Related artie The Evangelical Times Limited is considered to be a related party. Details of related party transactions are shown in note 10 to the accounts. Reference and Administrative Details The principal address is: 89 Brentry Lane, Brentry. BRISTOL, BSIO 6RH The trustees are as follows: R WFay J H Rubens J D Norris J D Stobbs T Yates (appointed 2 December 2024) The independent examiner is: David Cooke MA (Oxon) FCA FCIE, David Cooke & Co, Chartered Accountants. 5 Briar Close, Banbury, Oxon. OX16 9DS. Approved by order ofthe board of trustees onl and signed on its behalf by: D Stobbs Trustee 141 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EVANGELICAL PRESS MISSIONARY TRUST I report on the accounts of the charity for the year ended 30 June 2025 set out on pages 5 to 9. Respertive responsibilities of trustees and independent examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the Act)) and that an independent examination is needed. It is my responsibility to.. Examine the accounts under section 145 of the Act; To follow the procedures laid down in the General Directions given by the Charity Commissioners under sertion 145 (5) (b) of the Act; and To state whether particular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts. and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below. Independent examinerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act,. or the accounts did not accord with the accounting records,. or the accounts did not COTnply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. D C S Cooke. MA (Oxon), FCA FCIE Chartered Accountant David Cooke & Co. 5 Briar Close Banbury, Oxon. OX16 9DS Date: 15 January 2026 EVANGELICAL PRESS MISSIONARY TRUST Pagc 5 SFATEME￿f OF FINANCIALACTlVtTI&S FOR THE YEAR ENDED 30 IUNE 2025 Unrestrfjrted Re$￿tted 2025 Unrestri¢ted Restritted 2024 ote Incoming Resources Voluntary income- Donatlolls & Collections Charitable Activities 31,795 5,805 46,877 78,672 5,805 36,283 29,978 25,467 61,750 29,978 Total intorning resources 37.600 46.877 84.477 66,261 25.467 91,728 Resources expended Charitable Activities 9.704 69.680 79,384 73,581 5,256 78,837 Total Resources Expended 9,704 69,680 79.384 73,581 5,256 78,837 Net Movement ofResources 27.896 122.803) 5,093 (7,3201 20.211 12,891 Transfers between Funds {30.904) 30.904 (3,008) 8.101 5.093 (7,3201 20.211 12,891 General Fund brought fornrd 34.564 20.211 54.775 41,884 41,884 General Fund carried forward 31.556 28.312 59.868 34,564 20.211 54,775 Tlie note5 on page5 7 to 9 form part of these financial statemen 7￿& IA*￿￿H£￿ A5AV ¥tb ZDLS inLd 2,9¢8 2Q.211 Tarknrl1￿ Td 769 5*7fj8 ZDZ-_ [7