Charity registration number 1182111
NAYBA
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR EI%DED 31 MARCH 2023

NAYBA
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
David Wcsilake
Bonnie Yule-Kuehne
Bishop Dr Wayne Malcol
Dr Shola Adeaga
Dr Mike Kelly
Charity number
1182111
Principal address
5 The Square
Bagshot
Surrey
GU19 SAX
Independent examiner
Siobhan Glenister, ACA
5 The Square
Bagshot
Surrey
United Kingdom
GU19 SAX

NAYBA
CONTENTS
Page
Trustees report
Independent examinefs report
Sialemenl of financial activities
Balance sheet
Notes lo the financial stalements
7-14

NAYBA
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MARCH 2023
The Truslees present their annual report and financial statements for the year ended 31 March 2023.
The financial siatemenis have been prepared in accordance with the accounting policies set out in note I to
the financial statements and comply with the NAYBA Charity's CIO Foundation, Ihe Charities Act 2011
and "Accouniing and Reporting by Charilies= Sthtemeni ol Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 102)" (as amended for accouniing periods commencing from l January 2019).
Objectives and activities
The objectives of the charity are for the public benefit.. to advance education. trdining and development
particularly but not exclusively by providing skills and knowledge lo church and community leaders and
volunteers to enable them lo better serve their communities. to promote the e￿icIencY and effectiveness of
chariiable organisalions by: seeking to build the capacity of the christian community through the facilitation
of collaborative networks, measuring siKial and economic impact. promoting best practice and effective
use of resources,. and the provision of grani funding to lacilithie churches and charities in effecting
ommunity transf0m￿tion.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what
activitlC5 thc Charity should undcrtake.
Achievements and performance
NAYBA helps local churches around the world better love iheir neighbours and transfonn iheir
ncighbourhi)ods. Bascd on more than a dccadc of cxpcricncc in the UK, NAYBA achicvc5 this by."
Helping to identify a community's needs and assets.
Providing a menu of proven Church-led projects to match those needs and assets.
Mcasuring and communicating thc cconomic and social impact ￿la NAYBA Impact Audits.
Supporting the development of enterprise Initiati￿e$ ihrough ihe Spirii of Enierprise course and
hubs.
Helping Churches better engage with their civic, comrnunity and commercial sectors.
NAYBA addresses the need increasingly felt by local churches to be more relevant and impactful in their
communities by serving people expericncing dcspair, vulnerability and isolation. OUT experience has been
that for every local Church ￿'e help, 100 beneficiaries are impacted for good. W]at started in the UK now
has a truly global and growing impact.
Financial review
During the period the charity had incorne resources of £358,402 and a lolal expenditure of £348,613
rcsulting in ncl resources of £9.789.
It IS thc policy aim of thc Charity that unrestrictcd funds which havc not been designated for a specific use
should be maintained at a level to three month's expenditure. The Trustees considers that reserves at this
level will ensure ihai. in the event of a Significant drop in funding. they will be able io continue the
Charity's Current activities while consideration is given to ways in which additional funds may be raised.
This Icvcl of rcserves has bccn Tnaintaincd throughout thc year.
The Trustees have assessed the major risks to which the Charity is exposed, and are satisfied that systems
are in place lo mitigate exposure to the major risks.

NAYBA
TRUSTEES REPORT (CONTILYUED)
FOR THE YEAR ENDED 31 MARCH 2023
Strueture, goTr'ernance and management
The Charity is a charitable incorporated organisation.
The Trustees who Served during the year and up to the date of signature of the financial statements were-.
David Westlake
Bonnie Yule-Kuehne
Bishop Dr Waync MalcolTn
Dr Shola Adeaga
Dr Mike Kelly
New trustees are aptK)inted by the existing trustees and serve for five years after which they may put
themselves forward for re-appointment. The Trust Deed provides for a minimum of three trustees, lo a
maximum of nine trustees, with no more than three trustees due for re-appointment in any one year. The
Charity Governing document allows the Iruslees to meel and conduct meetings virtually which the Irnstees
have done this year in line with Goi'ernment restrictions and recommendations.
Truslccs delegate the day-to-day operation to the CEO who attends Trustee meetings.
The CEO meets weekly with the NAYBA Global Team encompassing programme areas as well as
operations and communications.
The Global Team meels ternily wilh a NAYBA Global Leadership Council made up of key leaders
from eight primary nations in which we arc cll￿Cnt1y active.
A NAYBA Global Team member atiends Board or Executive meetings in each of the nations where
we are active.
The wider NAYBA family meels Iwice each year.

NAYBA
TRUSTEES REPORT (CONTILYUED)
FOR THE YEAR ENDED 31 MARCH 2023
Statement of Trustees responsibilities
The Trusiees are responsible for prLparing the Tn￿teeS Report and the financial staiements in accordance
with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepled
Accounting Practice).
The law applicable to charities in England and Wales requires ihe Tn￿leeS to prepare financial slaiements
for each financial year which give a true and fair view of the state of affairs of the Charity and of th¢
incoming resources and application of resources of ihe Charity for thai year.
In preparing these financial slalemenis, the T￿￿teeS are required io:
select suitable accouniing policies and ihen apply them consistently.
- observe the methods and principles in the Charities SORP.
make judgements and esiimales that are reasonable and prudeni:
slate whether applicable accounting standards have been followed, subject lo any material departures
disclosed and explained in the financial statements- and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charity will continue in operation.
The Ttustees are responsible for keeping suificienl accounting reconls that disclose with reasonable
accuracy at any time the financial position of the Charity and enable them to ensure that the financial
statements comply with the Charities Act 2011. the Charity (Accounts and Reports) Regulations 2008 and
the provisions of the trust deed. They are also restK)nsible for safeguarding the assets of the Charity and
hence for taking reasonable steps for the prevention and detection ol fraud and other irregularities.
The Truslees report was approved by the Board of T￿￿tees.
David Westlake
Trustee

NAYBA
INDEPENDENT EK4MINER'S REPORT
TO THE TRUSTEES OF NAYBA
I report to the Trustees on my examination of thc financial statements of NAYBA (the Charity) for the
year ended 31 March 2023, which are set out on pages 4 10 14.
Responsibilities and basis of report
As ihe Trustees of the Charity you are responsible for the prepardtion of the financial statements in
accordance with the requirements of the Chariiies Aci 2011 (the 2011 Aci).
I Icporl in rcspect of my examination of the Charity'5 financial slatemcnts carried out undcr section 145
of th¢ 2011 Act. In carrying out my examination I hav¢ followed all the applicable Directions given by
the Charity Commission under scction 145(5)(b) of thc 201 l Act.
Independent examiner'5 Statement
Since the Charity's gross income exceeded £250.000 your examiner must be a member of a body listed in
section 145 of the 201 l Act. I confirm that l am qualified to undertake the examination because l am a
member of The Association of Chartered Accountants, which is one of the listed bodies.
Your aitention is drnwn lo the facl that the chariiy has prepared financial S￿leMentS in accordance with
Accounting and Reporting by Charities preparing their accounts in accordance with the Financial
Reporting Siandard applicable in the UK and Republic of Ireland (FRS 102) in preference to the
Accounting and Reporting by Charities.. Statement of Recommended Practice issued on l April 2005
which is referred to in the exthnl regulaiions bui has now been withdrawn.
l understand that thi5 ha5 been done in order for financial sthtements to provide a true and fair view in
accordance with Generally Accepted Accounting Prdctice effective for reporting periods beginning on or
after l January 2015.
I have completed my examination. I confirni that no matters have corne to my attention in connection
with the examination giving me cause lo believe that in any material respect-
accounting record5 were noi kept in rcspect of the Charity as required by section 130 of the 2011
Act- or
the financial statements do not accord with those records- or
the financial siaicmenls do not comply wilh ihc applicable rcquiremcnls conccming ihc fomi and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the accounis give a irue 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 matteTS in connection with the examination to which
attention should bc drawn in this report in ordcr to enable a pro￿ undcrsianding of the financial
statements to be reached.
Siobhan Glcnister, ACA
5 The Square
Bagshot
Surrey
GU19 SAX
United Kingdom
0810312024

NAYBA
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
Unrestricted Restricled
funds
funds
2023
2023
Totalunrestricted
funds
2022
2023
Notes
Income and endowment5 from:
Donations and legacies
Charitable activities
Other income
268.787
9.469
146
80,000
348,787
9,469
146
224,518
34,100
Total income
278,402
80.000
358,402
258,618
enditure on:
Charitable activities
283.513
65,100
348,613
257,374
INet (e%pendi¢ure)lincome for the )e4rl
Net movemellt in fullds
14.91)0
9,789
1,244
Fund balances at l April 2022
20.336
20,336
19.092
Fund balances at 31 March 2023
15.225
14,900
30.125
20,336
The stalement of financial a¢livities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.

NAYBA
BALANCE SHEET
ASA T31 MARCH 2023
2023
2022
LYote5
Current assets
Debtors
Cash at bank and in hand
io
10.O(K>
25,585
10,000
11,776
35,585
21,776
Creditors: amounts falling due within
one )'ear
li
(5,460)
(1.440)
Net ¢urrent assets
30,125
20,336
Income funds
Restricted funds
Unrestricted funds
12
14,900
15,225
20,336
30,125
20,336
The financial statements were approved by the Trustees on .........................
David Westlake
Trustee

NAYBA
NOTES TO THE FINANCIAL STATEMEIYTS
FOR THE YEAR ENDED 31 MARCH 2023
Accounting polieies
Charity information
NAYBA was regislered as a Charitsble Incorporation Organisation on 19 February 2019 and is governed
by its conslitution fornied under an association miKlel.
.1 Accounting convention
The financial statements have been prepared in accordance with the Charity'5 CIO Foundation, the
Charities Act 201 l and "Accounling and Reponing by Charities- Siaiement of Recommended Praclice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102}" (as amended for accounling periods
commencing from l January 2019). The Charity is a Public Benefit Entity as defined by FRS 102.
The Charity has taken advantage of the provisions in the SORP for charitics applying FRS 102 Update
Bulletin I not lo prepare a Sialemenl of Cash Flows.
The financial slaiemenis are prepared in sterling. which is the fvnciional currency of the Charity.
Monetary amounts in these financial statements are rounded to the nearest £.
The financial slaiemenis have been prepared under ihe hisiorical cosi convcntion, Imodificd io include
the revaluation of freehold properties and to include investment properties and certain financial
instruments al fair value]. The principal accouniing policies adopted are set out below.
.2 Going concern
At the time of approving the financial statements. the Trnstee5 have a reasonable expectation that the
Charity has adequaie resources to coniinue in operational exisience for the foreseeable fulure. Thus the
Trustees continue to adopt the going concern basis of accounting in preparing the r]nancial statements.
1.3 Charitable funds
Unrestricted tunds are available for use at the discretion of the T￿￿teeS in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes
and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subjeci to specific conditions by donors that the capital musl be maintained by the
Charity.
1.4 Income
Income is recognised when ihe Charity is legally eniiiled io li afier any performance conditions have
been mel, the amounts can be measured reliably. and it is probable that income will be received.
Cash donations are recognised on receipl. Other donalions are recognised once the Charity has been
notified of the donation, unless performance conditions require deferral of the amount. Income tax
recovernble in relaiion to donalions received under Gift Aid or deeds of covenant is recognised al the
time of the donation.

NAYBA
NOTES TO THE FINANCIAL STATEMEIYTS (CONTIIYUED)
FOR THE YEAR ENDED 31 MARCH 2023
Accounting policies
(Continued)
Legacies are recognised on rcceipt or othcrwi5e if the Charity has been notified of an impcnding
distribution, the amount is known. and receipt is expected. If the amount is not known, the legacy is
treated as a contingeni asset.
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to
a third party, it is probablc that a transfer of cconornic bcncfits will be requircd in settlemcnt, and the
amount of the obligation Can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs
and sharcd costs, including support costs involved in undertaking cach activity. Direct costs attributable
to a single activity are allo¢ated directly to that activity. Shared costs which Contribute to more than one
activity and support costs which arc noi attributable io a single activity are apportioncd bctwccn those
activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of
time spcnl. and dcprcciation chargcs are allocated on the w)rtion of thc as5el's usc.
Expenditure is recognised on an accruals basis when incurred. It is rep)rted in the Statement of Financial
Acliviiics as follows..
Direct Charitable Expenditure - Ihese are costs incurred by ihe charity in the delivery of its activities and
scrviccs for it5 bcncficiaric5.
Support costs include oiher running costs and governance costs. These are incurred by the charity and
are necessary to aid and support the running of the charity and are included within expendilure on
charitable activities.
All costs are allocated io charitable activities of the SOFA on a basis designed io reflecl Ihe use of the
resource.
Support Costs relating to a panicular fvnd are allocated directly, others are apportioned on an appropriate
basis when applicable. Th¢ Charity has identified one direct charitable activity.
1.6 Cash and eash equivalents
Cash and cash equivalents include cash in hand, deFK)Sits held at call with banks, other short-terni liquid
investments with original maturities of ihree months or less. and bank overdrafts. Bank overdrafts are
shown within borrowings in current liabilities.
1.7 FinAncial in5trument5
The Charity has elected to apply ihe provisions of Section I I 'Basic Financial Instruments. and Section
12 '0ther Financial Instruments Issues. of FRS 102 to all of its fu￿1claI instruments.
Financial instrumenls are recognised in the Charity's balance sheet when the Charity becomes party to
the contractual provisions of the instrument.
Financial assets and liabililies are offsel, with Ihe net amounts presented in the financial statements,
when there is a legally enforceable righi to set off the recognised amounts and ihere is an intention to
settle on a nei basis or io realise the assei and seiile ihe liability Simul￿neoUSly.

NAYBA
NOTES TO THE FINANCIAL STATEMEIYTS (CONTIIYUED)
FOR THE YEAR ENDED 31 MARCH 2023
Accounting policies
(Continued)
Basicfinancial assets
Basic financial assets. which include debtOTS and cash and bank balances. are initially measured al
transaction price including transaction costs and arc sub5equenily carried at amortised cosl using the
effective interest method unless the arrnngement consiituies a financing transaction, where the
transaction is measured at the presenl value ol the future receipts discounted at a market rate of interest.
Financial assets classified as receivable within one year are not amortised.
Basicfinanc'ial liabilities
Basic financial liabilities. including creditor5 and bank loans arc initially recogni5ed at transaction price
unless the arrdngement constitutes a financing iransaction, where the debt instrnment is measured at the
present value of the future payments discounted ai a market rnte of interest. Financial liabilities
classified as payable within one year are not amortised.
Debt instruments are subsequently carried at arnortised cost. using the effective interest rdte method.
Trade creditors are obligations to pay for g(KKls or services that have been acquired in the ordinary
course of opcrntions from supplicrs. Amounts payablc arc classificd as currcnt liabilitics if payment is
due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are
reco¥ni5ed initially at transaction price and subsequently measured at arnorti5ed cost using the effective
interest m¢thiKI.
Derecognlfton offinancial liabilities
Financial liabilities are derecognised when ihe Charity's contractual obligaiions expire or are discharged
or cancelled.
1.8 Employee benefits
The cost of any unused holiday enliilement is recognised in the period in which the employee's services
are received.
Terniination benefits are recognised immediately as an expense when the Charity is demonstrably
committed lo lemiinale the employment olan employee or to provide tenninalion benefits.
1.9 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
Critical accounting estimates and judgements
In the application of the Charity's accounting policies, the Trustees are required to make judgements.
estimates and assumptions about the carrying amount of assets and liabilities that are not readily
apparent from other sources. The estimates and associated assumptions are based on historical
cxpLricncc and othcr factors ihal arc considcrcd ts) bc rclcvani. Actual rcsults may ditTcr from thcse
estimates.
The estimates and underlying assumptions are revtewed on an ongoing basts. Revisions to accounting
cslimatcs arc rccogniscd in the pcriod in which ihc Csiimaic is rcviscd whcrc thc rcvision affccts only
that period, or in the period of the revision and future periods where the revision affects both current and
future pellods.

NAYBA
NOTES TO THE FINANCIAL STATEMEIYTS (CONTIIYUED)
FOR THE YEAR ENDED 31 MARCH 2023
Donations and legacies
Unrestricted Restricted
funds
fund5
Total
Total
2023
2023
2023
2022
Donations and gifts
Granls receivable
248,787
20,(KJO
248,787
I00,(K)O
188,619
35,899
80,000
268,787
80.000
348,787
224,518
Chgritable gctivities
2023
2022
Payment for services
9,469
34,100
Other income
2023
2022
Other income
146
10-

NAYBA
NOTES TO THE FINANCIAL STATEMEIYTS (CONTIIYUED)
FOR THE YEAR ENDED 31 MARCH 2023
Cbaritable activities
2023
2022
Staff costs
Communications
Country development
Reseawh and development
Service providers
Team
Contractor costs
Donations
85,780
24,842
56,945
33,000
80,801
46,108
595
474
88,736
22,604
23,312
23,563
74,310
328,545
232.525
Share of support costs (5cc notc 7)
Share of governance costs {see note 7)
17.848
2,220
22,629
2,220
348,613
257,374
Analvsis bv fund
Unrestricted funds
Restricted funds
283.513
65.100
257.374
348,613
257,374
11

NAYBA
NOTES TO THE FINANCIAL STATEMEIYTS (CONTIIYUED)
FOR THE YEAR ENDED 31 MARCH 2023
Support costs
Support Governance
eosts
costs
2023
2022
Advertising
Insurance
Legal and professional fees
2.346
1,268
14,234
2,346
,268
14,234
22,629
Independent exaTnination fee5
2.220
2,220
2.220
17.848
2,220
20,068
24,849
Analysed between
Charitable activities
17.848
2.220
20.068
24.849
Govemance costs includes payments to the independent examiner of £2.220 (2022- £2.220) for
examination fees.
Trustees
None of the Trustec5 (or any person5 connected with them) received any remuneration or benefit5 from
the Charity during the year.
Employees
The average monthly nuvnber of evnployees during the year wa5:
2023
Number
2022
Number
Employment costs
2023
2022
Wages and salaries
Social security costs
Oiher pension costs
77.704
4,968
3,108
77,704
5,503
5,529
85.780
88,736
The key managemeni personnel of the charity comprise of the Trusiees and the Chief Executive OtTicer.
The total remuneration of the Chief Executive Officer during the year was £77,704 (2022.. £77.704).
12-

NAYBA
NOTES TO THE FINANCIAL STATEMEIYTS (CONTIIYUED)
FOR THE YEAR ENDED 31 MARCH 2023
Employees
(Continued)
There was l employee whose annual remuneration was more than £70,(K)O.
10 Debtors
2023
2022
Amounts falling due Hrythin one )e4r:
Other debtors
10,000
10,000
I I Creditor5: gmounts fglling due Thrythin one year
2023
2022
Accruals and deferred income
5,460
1,440
12 Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances
of donations and grants held on for S￿lfIC purp05CS=
Movement
in funds
Movement in funds
IrKoming
B8Lqnce at
r•sourctr$ 1 April 2022
Incomlng
Resources
Balance at
¢xpgnd¢d 31 Mar¢h 2023
Benefact
80.(K)O
{65,100)
14,900
Benefact
The Benefact funding has enabled NAYBA io support local churches io develop NAYBA Enterprise
Hubs at scale to transform local communities by addressin£ l(Kal needs and supporting local people with
a focus on those living in areas of deprivaiion. The funding has also been used lo develop a community
app for course access and ongoing Sllp￿rt.
13-

NAYBA
NOTES TO THE FINANCIAL STATEMEIYTS (CONTIIYUED)
FOR THE YEAR ENDED 31 MARCH 2023
13 Analysis of llet Assets behveen funds
UDre5tricte Restricted
d funds
funds
2023
2023
Total Unrcstrictcd
funds
2022
2023
Fund balances al 31 March 2023 are
represented by=
Current asselsl{liabilities)
15.225
14.91X)
30.125
20,336
15,225
14,900
30,125
20,336
14 Related partv tran5actioDS
There were no disclosable related party transactions during the year (2022 - none).
15 Outstanding Guarantees Given bi the Charity
There were no guardntees given by the charity during the year.
16 Outst8nding Debt
There is no outstanding debt at the end of the year which is subject to a charge on the Charity's assels.
14-