NETWORK IBCM NETWORK A Charitable Incorporated Organisation Charity Registration Number. 1182514 Report and Flnanclal Statements For the perlod l January 2014 - 31 Dec¢mb¢r 2024
IBCM NETWORK Report and Financbal Statements Contents Paze L•8al & Admlnlstratlve Inforniation R•port ofth• T¢5 Ind•p•b)d•nt Examlnerfs Reffi to the Trustees Statement ol Flnancial Activi Balanc¢ 5h•¢t Notss to th Flnanclal Statem•nts
IBCM NETWORK Legal & Admlnlstratlve Infom)atlon For the p¢riod ended 31 December 2024 Chw4ty name Gov•rTrlng Docum•nt IBCM NeThY wa> rets¢ered as a charitable I010rated ¢)rrdfftisawn (CK)) ty the CF4rTty Comryussion for England and Wale$ I 18 Marth 2019. and ¢an k)ro beSng by thai acL Iu docUAt is based ¢)n the Charity Cornmissi model cortswvon f¢x •'FrlI0n. type ofao. with a Ilmid nmber of mod30t)n$ To $4wr the CIO'S posiOon as a chariy whlth adwan¢e5 ChristRnity accwthng co thE obiert 5perified con51iiution. The CIO was ftYffd w rake over tht work olthe InrnatIonal Brtthren ckneS Mitsion 118CM), between 1993 and 2019 operared on an irknNI and ad hoc basis to arrdnp internatit)nal Charlty R•ilstratlon No. 1182514 Prlnclpl Addr•ss GLO 78 Strttk MotlwwdL UK MLI 3HE Trust••s strved durfng the finanual year of rep)rt andlor * co the da of this report were {v•ith their ctsuw of r¢5id•Ke).' Phikp Barntt (Canada) until 12 December 2024 JO Hwwy rnesS {UKI 7 May 2024 Jotl Anthew Hernandez IUSAI Hadyn Marshall (St vCent & Grenadlnes) until 26 luty X124 CVO Qter0$ {AryeThonal since 4 November 2024 N1 snn¥¢nOTh {UK) Un 17June 2024 Awom ThoYr4s Ilnd4) Frédénc Wakaven {Nether&nds) K•y Mn4¢m•nt Personnel Those Perso hain¥ reSpN1b1rty for cry*rollI directi and the attNI1 of the ch¥ity. havlnz sigfirficant reSp¢)n$l11ry for the dar¢daY running of the charlty. are the ustees for the tim2 being ind in additIL Dr Dayid smith in h1$ executive capacity as In¢¥nari1 Threcror of the tharrty. 8athk• rdays 8aftk London W2 4QG
IBCM NETWORK Report of the Trustees For the perlod ended 31 December 2024 The truK¢es sd>mit ther report and firarK41 Materntr for IBCM Netsvork fthe thirity, or"18CMN') kr the period I january 2024 to 31 Decerrthr 1014. The wustees have ads)wd the W0$1•n$ of kcounnI and Reponing by Charities: Statemetsr ol RecorThnended PrattKe appjicabk to tharltles preparlThg their accounts in accordance vrith the Financial Refftng Srandard apFIKablt in the UK and Rtpublc of Iretsnd (FRS 1021 effe¢dve I nary 20191- l. Strurtur•. Gov•rnanr• & M•naz•m•nt 1.1 Th• GOrnIng Docum•nt Thé governlng document Is a CIO 'fouThlaiioD' consuD (based on the Charity Commlssion's model text) which came into force with the re8i5trat)n of the CIO by the Chariry Commlon for Enoand Wales L 18 Marth 2019. The tharity was lorrned to take lepl and managerial resPN for the work of tha¢ had until then bert * Inform Intwnatyonal youp initialOrmed in 1991 to arranze glob tlerent¢S for nadonil leader5 in the Chriswl Brethren movemenL a network o( now. some 40.CQO independent evangellul con8rèrdtsons to be frfid In at least 160 <ountrie5 in theworld. 1.1 Trustee5 Whlle the th¥ywas lormed With the ¢harlyhrbdia1 ofEnnd and W the charitable worklor which it is responslble is ine¥itably8lobal in reath. the trustee boty necessarily be rwe5entative of the work worldwide. so (ar as 15 Possible %4xhlTr a yn•M board of tru5w also account of the need trusiees to bt famlliar +•Ath the charity system Entsnd and Wale5. They continue to make sui¢•ble appointmerrt& to achieve the newsary 8eograF&ic and skll represefiufiw th15 xcounts for In tr compo$irion of the board oftrustees since the charity's es¢ablishmenL The nber of trusrees nwjsr be not k53 thin threa and thtre Is no upper IMThL Thè truste envlsale rPAt orn)ally the ch3fiLy wll oppratr vAth a number in the range ol sevem to ten. The ffirst tharity trustees we appolnted lor varying periods of ytars as spttffied in the ctim10. $0 as ro pro¥ide satisfactory rotation of new aPpOlmen Further charity trustees are awinted fDr a term ol three years by re501uiion paised by a niority ol the tru5tee5. With four trustees re5i8nwi and one new hoirw the board is cwrentty In the process of strenyhtniy the number of to the above mEntioned range. None ofthe trustees receNes remun¥w)n. As Permitted by ¢onsotution. Meet oftht tyusteesare I$11y£0nrt¢d by electr¢IC rnea, excepr to the extenr that they can o¢<asionaly meet in person at evenu org•ntsed by the duity. The Indurtlon prK•ts for any newty alted tru5tt tonylses an inJal me¢ting with the existinE trust to give rhe latter the opportunity to expla the rOUnd and evolurion of the aCtIe5 of the tharity and expetted fuwre developrnents. Those appointed nom4ly Pri1MIllnty with the aaivrues ofthe ¢harfy. Infom)ation to joining trwtee5 induths.. Copfes of ihe mosr rKent ret#)ns and financi Matements a copy of thè constiwvt)n direction the Ch¥Ky COMM10n.$ tJidarK< Tr EsseNiiS Truxee. ICC3} the Comm15slon'$ webs direcJon ¢0 rdeyant guidance Irom the Chariy ConyntssiM on puL4ic benefK particulady that relating w public benefit and the athancement of rion (also aval&tAe on the Comm559,$ web51} face-w-face VLdU¢r1t the chairnun andlor other trustees and the Inrernaiional Dlrecior. The TXUStees, the InternaDOn Director and the AdrThnis(ra are $w(d both aft International Athsory Group and by a Youth Advisory Conwnittee. The underlying pursM)se of rhese bodies is w ensure rhar IBCM
Nerwork remalns In d05e t(MKh with repreSenU¥e$ of the 8rethren acr055 the world takes accounr of thelr advlce in shaping the work of IBCMN. ThJ zood corrt3Ct v•ith the Churthes in dllferent lo¢avs)n$ and with young people who felovAINp in Churches connected the Brethren community. l.J R15k Man•8•m•nt The main heads of risk ar154frOM or in the course of the acty¥itses of the chary are.. Ilnanclal.. the charity 15 de1 for sohency on inctyne from fets dthr8ed for major events. zrants from othw charltks ¥ross the world whith are interested In the 5ucce5s ol IBCMN'S acuwves and work an¢J donations from iTrJMskn15 persofial lounllations {awi those yh an terest in the (les}. A5 is usual in the coarttl0 ol congregation5 wthich are 5efftd the trustees have the expecration arKI confidente that the Lord ill yovkle the financ1 nee& ofthe charrty to the ex(ent that he intends. The trustee5 are neverthe wudent not to irKur financial oblirdtion5 that they do nor have reasonable ¢xpectsDon of the means ro meeL' they mike applications to foundatlons in 8¢)od time for lorward lunthn& and the programnx of xtivme5 and work w the resources expecre¢J to be availab pérson.. $taff parriculady. and tntstees as necessary. freweAdy ty7vel to a rdnge ol couftthes to accomplish the purpose5 of the (harity. Tlw are required to en5we that vacanaOn$ aftd irK•culavon5 for the partknr CJntry to b vtsrted are up to tkn are enjoined to tske rtasonabie c¥e at all ¢irrs. eSPecity ai)ui road uansport wTr¥ch is a frequ1 srMJrce of risk in mY countries, thouth they armt IyS with dIOrntY re1 risks of this kThL The trustees have wepared a 1¢Y1 asses%[ fty the dxrlty. folknving the 8uldelnes of the Charity C4)rrl$S1on{2o17),. have established a ccJe of conthKc lor srafl and ¢rwtee5 vthith aleS especlalty ro rravel: and have adopted a safe8uarikn8 policy and a pcAiry for the prorecwn ol 1 wts)m the chartty comes Into contsrt through its wor 2. Strat•gr. A¢tl¥1¢5. and Publk B•nefit 2.1 Obl•rt The obj'ettofthe charity i5.to advance thE Chriswi faith for th benefitinxcordancewth the statement of belief5 . vltth particular re2ard ro the lrfe and m155ion of the thurches of the Open or Chrisvan Brethren movemMt In the Vni¢ed and ¥thIde as the thariry trus$ may from time w tkne thknk IlL' 2.3 Strat•8y afftd Artlvltl At pre5enL the chariry seeks ro pro5etvte ifs obiert by sengto the retworkofChr15tlan Brethren con8regatK•ll5 WOrfdde, suMtTry detah of vh¥th ¥¢ been in 5ecucm 1.1 above. As with the work of Intemational Brethren Conferences on MwJn %nce 1993. tAhkh the tharity has taken omtr. ¢ therefore aims co $rrenJhen connection across the bknbal network of churcw to encowale kol congrez4Tlon5 t10&h encouwng nat)nal Itaders ar other key worker5. to srrenxthen l¢ad¥s ar eTrcoura8e r4ining for them, to laclliute outreach {inthjd4 mission) from the nerrtork of thurches both partywkr counvles and bety4¢¢n countriE5, and ro inyo¥e c<xnmunation bet*w the national bodi25 of churthes In Encourn&ng churche5 Faciktatwy missKJn pracCal. 1¢ doe5 du3.. thr a quadrenThal 0b11 confererrt the which Twa5 h&J In Lwnpur. M4aysla in June 2023,. by enttyjrazing shmir CO[rf #cr$ the wor&1 at yrn¥ inter¥al& The exisring regional activities lithd io 18CMN are..
IBCM.Hispano (Brethren in Spanith Sp CtrIeS} Pan-Afrion Brethren ConfererKe on Mi55hXS Asla-Pacbfic (Parmers in the Harvest) confer¢¢ Porru8uese Regional Conference (Brethren Chrd kn Portyww Speaking Countries Caribbean Bretlnn Assemblies Conkr¥Ke IBCM Ewope Rtponal Conftrence IBCM Ewope Youth Conference IBCM Centftl kneri¢a Youth Conlw Wrth the exrepti oflllcm Net4th- Eurw these bothesare leDIty IrePendent of18CM Network and are responsible lor luntng their actsvine5. the Inrernèrjonal Dirertor and the Administrator ve time to a5¥5tyng them Wh judFd apprwace to do x. The boies reCo1ze that thelr acti¥iue5 were origlnally 50mulated throuth IBCM slobal conferences wish to continue their links th 18 IBCMN. throub •)couffjng the es¢aWis1¥Thl de)pnl and twtyk of valnkng operation5 in a Y+idt rafige of countries., the Brethren Ne)rk operates as part of 18CMN', and 18CM Nemrk gNes particular support to rming adiviiies Nthich are bein¥ developed. pnicuL4rly in Eas¢ kn¢kn, and South East Asia. by the Ausrralkn Colkge of Oistian Stude5 {ACCg. by Seeking to improve commurntakn arnj mu£1 kno across the movement of church4 and between countries, by providit)g rdevanr inforniation and a150 by attention to PArticular needs whin or of concern to thJrd5 are IrMrnte Ix n1. Prep¥ation fw the next0 conf¥efi(e IBCM9 hith be hehl •1 Rwanda In June 2027. 19 countries were ¥isited. 3 Go-Ser¥¢ ml55ion opportuniiies fftre offered.. Italy. Cambodii Rwandi AthniAiSfdthe. promotional and comunkauon Sort was giwèn t0rd ¢he weparatw)n of a nurthr of conferences. parrialarty for bjrope and Asia-Pacrflc. The iacm Netstyk App continuès w be and used for workjwth commyniration and as a speclfic communicatJn tocd at and lobal confereo The Go Dtyople projett ha5 been deveh)ping under the dershiP oftt Internaoonal Director. supported by i team from ithfferenr artas of the IrkI ¥¥hts are T•rtfjdnz and Produci di5CiF4e5hip rnatErAls which are a150 translated knro a numter of nIUagES. The Inlernatft Training ProjetL a ¢ollaboratloA betw IBCM Nemrk and Australian College of Christian Swdles IACCSI has 5yord the theological tftinMi¥ of 192 sru¢Jents bised in six (nS.. Zambla. KY3. Ethp1a. ular RvAnda and Philippne Preparnuon5 ¢0 Indude Malay51a, INdi& and Nigerta in thi5 gmwing pr0rdM ha¥t been made. Meetinp ol 8k&l youth imbassadors were hdd reguPdrty the year. Face to face meÈtlngs ol African and European Youth Amba5sador5 vfft hekl in POnd and Kenya. The first Keyonal Youth Conference was hdd wL? Poland in September 2024 with 22 countles presenL The the Central knerica yCrth Cortstnce was held in San Jose, Costa Rica in D¢¢etr, ith 9 CotrieS acttndk To meer the 0tr4ectfve offacAitating comnmffikakn within the Brethren woddthd< the website rryularty upaated. a lobal new51rfr crnikted electronKallyfrom me to time, and other key corrrfnunications were ar£u&t The ¢rns¢ees believe thai the work dexribet1 cannot be mamitained on the scale needed with¢yrt maifttaining a perniaThenT knternational staff and increasrtrd the tirnt they can commlt to ¢he work a5 funding permlts. Part of their role is to work ne of KIlteerS from dlfferent countries 50 a5 to ai¢oura8e them and to develop activiue5 01 the 50rts lisced abo The stAff is small. c¢)mprisiTh8 ac present an International Llirector based in AUS11 who rtow rkS two ènd a haK days a Eek lor IBCMN, an Adminlsrrator based In Italy who works lull.time for IBCMN. and a pan-rkne FIrKe OffKer based in kodand While the trustee5 believe thar the work ol18CMN ryll continue io ¢pend on inplrt from a whle range ol yo1er$ from across the wor14 pernunent staff are tssential to de¥elotro wry
14 Publk b¢n¢frt The tharity IT pubk benefit by adyanong Chmrmnity fvouzh the strenenIng of a worlthide ne¢work ol lo¢al conire8ation& in p¥(i¢ular enc¢)way'ng and seeking to iryjrove th 4ty of natlonal and local leaderships. Not onty 15 public benefir gi¥en where more effecti Chr11 experierKe and prncllce is encovraged (thu5 rai5iry the o¥¢rall quality of life for rnany pttsp and rhose they In¢ernc¢ wthl, bui as has been the case throughout Chri5tAn hKitory, local coryerdiions and wM4er christi netwfrts are key t11 In5tkntlons In relief and d¢vek>prnent in rnany countries across rhe worl4 and in others Nke often unseen and unvalued contylbudons ro qualiry oflrfe local eommufti¢s. The charity's work kry leaders and acrmsrs encourages their efftttiveness ITh thr role5 in these conuega1i3 and rth¥orkk As re50urce5 PErnMC relief IJ given in coune5 vth¢re Brethren thUrd afflicred by naunl tha#er5. The (rus¢ees recwize their duty under ETh45h aThl We15h law to have re8ard w the Chartty Cornmissn.S ldance on the publit btsefit whKh charities n¥J5t we rf aaiviiies are to be Charitab They are Satisfied ¢haL In the way5 explained above. thwr ittmties 5ub5tsnval public benefit and do noc glve rlse to coynter-balancin8 harm. The atten0 of trustee5 has betn called co the Comnwssion's revised 8uidance of 2019 on public benefrt and they had reprd to 5hapng the woth of the CharY. 3. FSMnclal Aevlew 3.1 Flnandal A¢tlvlty Flnanclal Pothl•)n The Statement of nancial Acti¥w and Baknce Sheet ol the charity for the period from l January 2024 . 31 December 2024 are at Pages I l and 12 respe¢tiveFy below. T¢xal Income tr the period of operndon w £145.696 and expendirure £141,051 ylelthnz ¥ swtAu5 of £4.644. The balmce (arried for¥wdrd on 31December 2024 was £50NZ. 1¢ should be noted thaL for praeDol reasons the International txrector arbd the Adrinlstrat4y are each (lirecdy employed by bodle5 ID the countrie5 where they are and are seconded to IBCM Network which meets ¢he full c05ts of thelr empbymemt under vrtitten a8reements t•ith the errployn8 bodie5 In Australia and IDty respéetively. The Fthan Officer provides ser¥Ke5 to IKM Netw Cont as p#t p¢ytfoiio of contratts to proylde fin>id1 5eTritts w thfferent bodiE5. 3.1 R•%erve> polScy On basil ol their several expthence5 in ChriMHn str¥ice many aT5. the vus¢ees believe thar In the grace ol God the financial needs of the will be provided as thry ari5È In ylnd. the trustees believe thai monles received by the charity should be used in fwtherance of the charity's o¥ect5 as soon as k% prnaical and 15 constent wth tht orderty and 5tewardthp of the aydilthle Wbth irs strategic plans. The ¢ruxee5 ttntinue ro monbtor bts aAd ash Ilows carelulty, and adlust Irom period to perlod, to fit the ro¢al lunds availabte or promwd The tru5tee5' wm 1% to hold ) operarln8 reserve equivalent to six months budgeted expenditure. 3.3 Grant Maklng Polity The acti¥ityes whKh the charity ha5 taken over consisod prinapalx of a glow qtsadrennitl conference. Key to the 5uc¢ess of this confre•ce has been ha¥iTr¥ the re50ur¢es to make to indfvlduals to cover sorne ol the substanti costs vthich they incur In attending the 8lobal conference Funds granred to 18CMN by bodie5 in a limtted range of tountries have been alocated to th. w cover Cler¢e fees and m*e a partial Contribu0 ro the varying travel 4thkh it was known wodd incw. Without such thiWburn% aderS from IA p•r¢i¢ Africa South and Solrtheast Asia, Latln Amerfca. and Oceania would be uNt4e to attend the tonftrence. The charity expecrs thaL as in thE Case of the 18CM8 onference in lune 2013. ir wll bE nete55ary to contmue to ke ffor fv¢ure events. The charlty 11 also conslder whether. rf lund5 are availatA¢ grants should be made for other purposes f%ilitarlng achlvement ol its objett Pohcy on granr m•knnz will therefore be kept under rtvitw as theworkolthe charity. and a¥allablefund develop.
3.4 Value of Inpyt by volurteeys Consisfent the tr4thuon ofthe Brethren neTh¥orkvthith the serw muth oftht work ofthe charity Is carried ou¢ by volunteern Whk the trusrees cwider thaL rfthe is io develop e1fettiv, it is essentlal tha[ some ol it shouhj be Caled our ty pernunent Pa errployees. nevertheless 1¢ viN remain irryonartt thai there should be considerablt input co the work olthe charxy by ¥thJrbteers. both trustee5 and other5. That h•$ been the case ower the reF8 period Thls w(rt has siKnific3nt morley 5 worth to the tharity. bu[ k would be of qUesti)Ible accurary. to sefk to e5ubkth any [eaSe monwary fye vAth respett to it. 4. Responslbllitl¢s of trtht•s for ¢h• FIn(la1 Statsments The wus¢ees are resp)nsible for preparing the report aNJ the financAt 5¢•t¢ments in aceordancewlth appli¢ablt law and Unlted Kingdom Generally Ac(ewed Ac(Jtry Pr3aice. Chrfry law r4uires the trustees to prepare finantial statements for eath ffinancial year whKh ghe i tyu¢ and fair wiew olthe sts¢e of affair5 of the charity and of its financi fcf that FerJd In prparww those fift£111 statementy th tyusrees ire rwmrtd tty. selecr accountini poli•es and thèm constsreAty. rrrdke ludgements and estwnatES thar are reasorubl and prepare the flnandal s¢atements on the golng concern trAsis thless it 15 inappropriate ro presume tlHt the aule5 of the ch will cantinue. The trustee5 are responslble for keepwi8 proper atcountwry records VhKh th5dose reasortable ac¢uraey ar any time theclaI poyvon ofthecharityand enable them to ensure tha¢the financial statEmenu comply th the Charities Att 2011. The tru5tee5 ¥e akn respgnsible lor *rding the assers of the th¥ity and hence for reasonable steps the yebEntioti and detectitin of fraud and other rre8ularitles. 5. Approval The ryort of the trustees was by the trustees on 3 February 2015 and w8ned on rts be1 ty. Trustee- Fr•d•rlc W4kaven (thalr)
IBCM Network Indep¢ndent Examlnerfs wort to the Trustees of IBCM Network (Trhe ¢h41rty) for the Peri<¥d endlng 31" D¢¢¢mber 2024 CharityNo 1182514 I rert on the a((oynts of the ch¥iw fw the pd thjed 31" De¢ethr 2024. thith are out on pays 11 to 18. The trustees are responsible for the prepaMioD of ts acojunts in Icctyd ¥Ath the requireftwu of the Charides Art 2011 (the 2011 kn>. The chary'5 trustees conskler that an audit is no¢ reyed for thh >w sectiDn 14412) of the 201 I Att and thar an Ind¢ptyE examina11r 15 netded. As Independ¢ enrniner. it is my resPthI tth. examine the acammts sectsn 145 ofthe 2011 ¢0 follow the prrKetses hid down in the General Dre¢¢W &Y¥en ty the Chuiry Commlssion un¢kr settitin 145{5)Ib> of the 2011 Acc and My eXamInatN was Caled out In actordance with the GeTwal DSrecti¢xts ¥iYen by the Chty Commlss5on. An examination includes ¥ rvMewoftheac¢ourrtkng record$ kepr ty the charity and a comp¥i50n ofthtaccoLtnts presented with those reths. Italso includes Conshkntion ofany unusual item5 or dhsclosures in the accounts. and che seeknng ol explanations from you as wy such Maer$. The procedures undertakerb do noc prwde all the thdence that would be requred in an audit and. con5equen. no opinK*n is jven as to whether tht accounts present a 'true and lair view. and the report is limited to thtsst matters out In the staterneni below.
IBCM Netw¢Yk Independert Exon8 report to the Tee$ of IBCM Network fvr the perlod eftdlng 31" December 2024 Indep¢ndent Examin¢r's StatemeTrt In connettion vith my exaftynawK no mauer come to my attentio l. me reasonaNe cause to bef4e ttr4L in ¥y Materi respecL the requirtr))enrs'. keep aCcOtin8 records In acconla•Ke vAth section 130 of the 2011 kn. ¢0 prepare accounts %Nthich accord the xcountrq rect)rds aThJ coftwy the appli¢able requlrements c¢)ntemin¥ the form and cty)cenr olaccourts Set out in the chare$ Ikcounts and Reports) Regulations ILW)B (other than any requrement thac the accounts yve a'true and fair. ¥i¢w. which is not a mat¢er Cold as pm d an indepentht examination) have noi been me or I to vANth kn my OpinTr. atten& to be reathed. Edra¥hm in 4)rder to erHWe a FYOW undersw olthe accounts NAME: Kenne t Ondependent Exarniner} ADDRESS: I Campbell Lane ADDRESS: Hamllton ML3 60B
IBCM Network STATEMENT OF FINANCIAL ACTivrriES Includlng income and expenditure FOR THE PERIOD ENDING JI DECEMBER 2024 Unrnstrictsd R•gtrfrted funth Totsl Futhds Prlor p•rlod INCOME FROM: (Nots 3) DonatiOll5 and leD¢ies Charitable activities 48.707 4I70Y 82.310 96.9•9 94981 487.270 Investment I)Me Total (ome 48.707 94.91? 569.586 EXPENDITURE ON: (No¢• 4) Raising funtjs Charitable actyities Total expenditure 71166 71866 141.OS2 141.052 633.462 633.462 116 Net Income (Expenditure) <24,159) 24.OJ• 21.103 (63.876) Transfer5 (24.031) Net movement in Funds (121) 4.765 4.644 {63,876) R•tonclllatkm of funds Funds brought forw¥d Bahnce Cled forward S.171 4•.228 45.399 109.27S 5.050 44.992 SlJ.042 45,399 All of the activities of the drItY are ckssed as conuNi
IBCM Network BALANCE SHEET As at 31" DECEMBER 2024 31 December 2024 Prlor period CURRENT ASSETS Debtors Cash at bank and in hand 50,042 45.399 CREDITORS Amounts fling due within one year NET ASSETS RESERVES UnrestricTrd fuThJs 5.050 5.171 Restricted fund$ All of the ac¢iviDes of the dri are dassed as c(wrtinuin& The thariry has no reco8nlsed zains or losses othw than the rewhs for the yEar as se¢ ou¢ abov There are no mxtertal diffwffKes bet*rnen the 5pS on ordinary actlviw and the swplus for the financial year stated above. and ther historical cosc equivalents. The notes on page$ 13 to 16 fom) part of these financlal statements
IBCM Network Not•s to the Finandal Statements for the perkxl ending 31" Decémber 2024 I STATUTORY INFORIIATION IBCM Network h a charity. established as a Charirybk Incorpornted Orzani5atK)n, regifftred in England and Wales. The charity's rewstered nwnber and reBi5tered offtt address Can be found in the Report of the Truxee& 2 ACCOUNTING POUCIES Basis of accountlnz The financial $tttemen have been tryared in accordance wtth •c¢¢un¢inz policies set out in the now to the accounrs and ¢¢>mpty with the tharity's governN)g 0men( the Chariues Art 2011 aThl Accounting and Reporring by Charities: StatemwK of Recommended Pra¢¢ice 3ppli¢able to charities preparing their accJunts in accordance with the Ffftancral Reporting Standard applicable in the UK and Republic of Ireland publshed on 16 July 2014 (as amended by Update Bulletin I published on 2 February 2016). The charity is a pubhc benefrt Thwe are no matWAI uncenaintiEs affectiry the abuity of the dwity ro continue as a going concern. In adopting FRS102 for the firs¢ tthi)e no wior >Ear rberS have t•een affected. Income Income is recognlsed in the StstwnpJrt of FwwKial Act1¥it when the ¢hari¢y becomes entitled to the resources the trustees believe the rttpt of the resourres is wobable ar the monetary ¥e can be measured with suffKient reliibikty. Expenditur• Expendlwre is recognised on an acuuals sIS as and Yknen a lerdl or constructive Oblt arises. Governance Costs wude tlw cosrs associated with meeung the constituknal and statutory requirements of the tharty and inde ar¥J costs lired to the strathlic Manent of the charity. Goverrrdnce cos¢s are indth within Supw¢ cost& Fixed ass•ts Fixed a55ets are ststed al cort and new itwns ¢osting more than £i,fJY) are capitsknsed. Depredation 15 calculated $0 as to wrire off the cost of te assets on a 5tra¢ht hne basis over th e5timared useful lives. Taxation The charity 15 not Ilable to tax on it5 tharitable income as k)ng a5 it 15 applled for charboble purposes. It b not considered there are any xthttrs gi¥xry rise to a rax liability. Fund accounting Unrestricted funds can be used n accordan with the ¢hari¢able oblecdves at the discretlon of the ustee5. Re5tritted funds can only be used for par¢raJtsr restricted purposes within the obie¢ts of the charity. Re5trittions arise when $pecrfd by the donor or vh*n funds are raised for particular re5trirted purpose&
A full descrlption of each the is mcluded under Nore IQ 3 INCOME Analysis of Income Unrestrirted Fund5 Reglonal Conferences IBCM 819 Disarter Relief Prior Year Donations Lezacies Donations & Gifts Grants from Other Charities 1.063 5,395 47.644 76,921 Total 48.707 81316 Charltabl• Activitles Donations &Grfts Conference Fees 9.828 41252 371,354 Total 54.737 42.252 371.354 4 EXPENDITURE Analys15 of Expenditurn Charitabl¢ Acdvlti•s Staff & Contrattor Costs Conference Costs BTN ReOon•l Conferences IBCM 819 Funds Relief Year 65.143 126.059 5Q.641 483.383 Disaster Relief Grfts 17.54S Other Admin Total 7.n3 71866 24,020 633.462 50,641 17.545
5 PEOPLE RESOURCES There were no employees for the period covered by this report however the service5 of an internauonal directtt and an adminisrdtor were seconded to the charrty. 6 CREDITORS 2024 Pr•or period Accruals 7 MOVEMENT IN FUNDS The movements in Funds in the period to 31° December 2024 as follovn:. At I Income January 2024 5.171 4&707 Expenses Transfers At31 funds 24.038 1024 5.050 Unrescrirted (ll866) Restricted Brethren Trainin8 Ne¢work Disas¢er Relief IBCM 819 Europe & Rew'onal Total Fund5 3.665 3.665 24,707 41252 (17.545) 35.838 0 (35.838) ns 54.737 (50.641) 45.399 145.696 (141.052) 16.620 50,042 De$¢rlptlon and purpose of (unds and trnn5fÈrs Unrestricted Fund5 These are funds thac may be used for any purpose that lie5 within the aim5 and objects of the chariry as the trustees deode. Restrlrt¢d Fund5 Brethren Training Network This fund supports training initiatives on an internationa] IMSIS. a key parc of which a regular conference Inded by delegaS from many countrie5. Dlsaster Relief This fijnd is for gifts that have come in for dirett trdnsfer to disasw relief projects that we are associated with. Reglonal Conference5 Thi5 fund comprises in¢ome for re8ional conferences. 18CM 819
This fund holds grants and grf¢s rKyed for administrnve costs and sponsorship of delegatss to attend our main global ccffiferences. 8 TRANSACTIONS WITH TRUSTEES xpenditure There were no payments w trusrees in the period for their services to the charity apart from the reimbursement of out of p(xket expenses incurred by trusrees on behalf of the chariw.