NETWORK 18CM NETWORK A Charitable Incorporated Organisation Charlty Registralion Number: 1182514 Report and Financial Statements For the perlod 1 January 2025 - 31 December 2025
IBCM NETWORK Report and Financial Slatements Contents dep•nd•nt Exanlnefs Report to tho Trust••s stat•nw of Flnanclal A¢Uvlllo0 11 B•lanc• Sh•¢t 12 Not•s to the Flnanclal Stat•nonl8 13 2 IPaE¥
IBCM NETWORK Legal & Administralive InfornMtion For the period ended 31 December 2025 Charlty narn• IBCM Netwc# Governlng Document IBCM Netfjrk was registered as a tharitable incorporated organisatron {CIO) by the Charity Commiss)n for England and Wales on 18 ma 2019. and came Into being by that act. Its govemirKJ ent is based the Chwty ComrrissM)n's model c(¥)stilLrtion for a 'Foundation' type of CIO. with a bmited nunkn of rrKKIrfKatwMs to refte¢l the CIO'S stslus as a charity that alvances Christwity w) accordan with the object Specifi in its c4¥nstitution. The CIO vtas lormed to take over the th of the Intemational Brethren Conferences on Mission {18CM), whth, beiween 1993 and 2019. (yrated on an Infom1, ad IMX basis to arrange intematiorkil o)nferen5 Charlty Reglslralkn N 1182514 Prfnclpal Addrws 78 Muir Strrt Lan$hire. ML11BN. UK TTrts The trustees served durng the a[al year of the port andlor up to the dale of Ihis report were (wilh tsir country of resMlen¢e)'. Mulugets Ashw Ende$h (Ethioixa). since 27 May 2025 Jcd Andrew Hemandez (USA) ()Jwrteros {W'na) Pder Tan {Mia), siTh> 27 May 2025 Abfaham TtrKlW IlrKJia) Koy ManageThnt Personn Those ton$ ha¥w weSkN)nSibty tr controlling, directing, KI annIng the &li¥is of the charity, andlor having swthant reskN)nsibilty for the daY-ldaY runrmng of the charty. are Ihe IwstS for Ihe time b&"n9. and in addrlion, Dr. Day Smih in his execulNe catA• as Intemational Director of the charity his departure in November 2025. Bankers Barclays B*k pk 31 Page
IBCM NETWORK Rèport of the TAte•S For the period ended 31 December 2025 The trustees subrrit thw report and finla1 Statem IBCM Netwth chaiilf or"IBCMN'> for the ped 1 JaNary 2025 to 31 December 2025. The trustee5 have Jopled the provisions of Accwnting and Reporbng by Chwilies. Stmt of Recommended Practice appltsbbe to charities preparing ther xcounts vi accordan with the Finan(aal RewrbThJ Standard applKable in the UK and Republtc of Iland (FRS 102) leffthe 1 January 20191. 1.1 Th8 Governing Document The goveming document is a CIO Yndlon. constittth {based on the Charity Commission's model text). which came into for with the CIO'S registratKJn wrth the Charity Com$S1On for England and Wales on 18 March 2019. The dwrty was fOrnd to take IW and managerial )nsIbl1ty for the work of what had until then been 1nfofftI irtemational grt)w InitllY lond in 1991 to aThange global conferences for national leadws in the ChrK8tian Brethren movement, a net•DTk of. now, some 40.000 ITdent &gelical cryegakn kj be lowNJ in at Ist 160 countrw li the wortd. 1.2 TnJst••s ille the charity was fmned within th8 charty jurisdttr)n ol EThJland and Wales, charrlable work for which rt is responsible is i1 ghthl n reach. trustee necessarily be representative of the woth worthtde, so f as is p)s&ble within a small trt)ard of trustees. but also taknng &ccwnt of the need trustees to be famili wrth the charity system in England and Ws. Tt conts'nue to make suitable appointm&nts to athieve the necessary ge0wap and skill k¥eSentation", this accounts for chaftges in Ihe cornpo of Ihe tMHd of trustees Sin the ctsity's establlshrrtL The numbw oftrustees must tr Mt less than three. and there is no rnIL The Irustees envisage that, nonnally, the charty will operate wh a nuth in the lange of 7 to 10. The fitst chty trustees were appomtted for varying of years. as specified in the ojnslitubon, to prOe satisfactory rotation of new appowfftnts. Further charity trustees a appointed for a te of three years by resolut passed by a rrHjonty ol the trustees. Wllh iwo r lJuste8s ioiniw. the ad cx)ntwiues to aim at achieving the alx)Ve-rnenned range. As permilled by the constitut. meeiings (A Iwstees are necessarity conducted by electronr means. except to Ihe extent that they can My1a #i person at events orgarsed ty the chanty. The Inductkn proc•ss winled trustee Convi • niitBI ryth the existing trustees, to allowthe latterto explain the background and evolulK)n ofthe ac1rrfit. as well as expe¢led future developnwts. Those appointed norrrolty prKY fanitharly with the xbviti'es of thp chity. InfOrntion wovMYed to joining trustees ncludes.. The Trustee Mar91, wPi¢h incluts a f>)py of the CSlItutI". copies of the st recent ft19 and firCial statements,. directi to the Charity CorNYi'S Wn. 'The Essential TNstee' (CC3) on the Corywr¥53w)n's websrte." • dirtion to relevant guKlano trn the Ct• ComrrwssK)n public benefft. particulaty that relating to Wb1 I)6r and Ihe thanceffert of rdgion (also available the Commission's websrte).. l*frttFface induction wilh the thawrvBn andlor other trustees the Intemational Dir10T. 4 | Pdt
IJ Rlsk knagomort The main heads of risk wisir#J from rx in the coutse of th8 aA1vitS of the chwity arn: fmanclal: the chanty is depwKknt sol¥w on iKome fr(¥n Ipes charged for Major events. grants from other ¢haritres across the Yr1d whth we interested in the succes5 of IBCM'S xb¥itses arml rKk, arthy donatK)ns from indNidu personal fourKlatK)n5 (again. Ihose wAh an interest in the athits). As is usual in tt c4>nnectKsn 0fngWatiOnS which are served, the truslees have the expectatw cC¥ffider that tt Lord ryll provmje the financial needs oflhe thaTity to tr oxtent that he intends. Tr tNstees we nevertrseless pnjdent not to incw finala1 obligrons they not ha¥8 a rfrasonab expectation of liThJ: they make apall$ to foundations in good time for foThYard ldIng, teff the programme of aclNilies arthj to the resowces expd to be availabb. pornonal: staff, pul¥ty. and trustees. as rsY. frequenty travel lo a range of (xwnls to accomplish the wrFrf)ses ol the chty. They a required to ensure thal vaccinatrS and inoculations the pthlar (nty to be vi8ttd are up to date and are enjoined to take reasonable care al all Itn. espe¢iaMy knut road trS)rt, which is a frequent source of risk in many cthmtries. though tlw canmt ahYay$. wilh diplomaoy, ulate risks of this kind. Charity Commission {2017); have established a code of conduct for skff arml trustees wlHch applies especialty to travel: and have adopted a safeguarding f#y a policy for the pCtIOn of all wtth whom the charity comes into ttyough its wThk. 2.1 ObJ•¢l The obi8¢t ofthe charity is'to att¥arKe Ihe ChrBliw laith fiy tr wbk knefrt in ¢xrdanc• with the Statement of behefs . . . wth pathular W lo the lrfe mission Oft churches of the Open OT Christian Brethren nKJvement in the Unrted Korn and as the ch¥ity trustees may from time to time think fit. 2.2 Stratagy and A¥111? At presenl the chity seeks to furlher its obJerA ty streryOlj Ihe retwork of ChIlIan Brethren Conga.0ns worldwide. Summary detals ofvthth have ten given in se¢IN 1.1 above. As with the woth of Intemational Brethren Conferences on MlDn sce 1993. whtch the Charity has taken over, it Iherefore ams to Strengt connection across the global netth of¢hurclEs, to encourage local (xgregatIOnS through encowaging nattonal knjers aftd other key TK)Fers, to strengthen leaders and encourage training for therry to frdcikntate outreach (induding uoss-culbjral missM)n) fr(ffi the neiworf( of Churc1 both willn particular countries and bdween countss. and to improve comunicalion 'IBCM Nelwork exists to servè the lntematNal Brethren community through: EnC(ran9 thL cOnnling worlth•4h' I)ticalY, it dces this.. through a quadrennial global ¢(thrence. the ofwhich was hekl in Kuala LuThwr. Pklaysia, *) June 2023. conference is Fknned for 2027. by encouragwlg similar regional conferences aurtss the world at IntealS. The existirKJ regional activbtses linked to18CM aE: 5 | Page
IBCM Hispano (Spanish-speing o)untries) Afrran Brethren Churches Nelwoth {forTrwty PanAkn Brethren Conference on MissK)n) Partnets In The Harvest cOnferee (Asi&Pacffic) Portuguese Regional Conference (Brethren Clwrches in P(¥biguese Speakiffj cnbies) Caribbean Brethren Assemblies CimferwKe IBCM Neiwofk Europe Conferen IBCM Europe Youth Conleren These borf are legaly vidependent of IBCM Netwk KI responsible forfvnding their respective ivities. The bodies recogThze that Iheir activilies were oib3inally sttmufated through IBCM global ia)nferences and are encouraged to continue a$sla with IBCM Network. through encouraging the establislrn developrTr( wrfj wort oltraming operats'ons in a wide range of countries, the Brethren Training Netsyk operates as part of IBCM Netwo. vthtth eno)urages tTaining actriities that are beirrfj devebped. in East Afrtca, India. arKI Southeast Asi4 by the Australian College of Chrislian Studies (ACCSI. seeking to improve conYnunicatKM and mutEHI knedge across Ihe nThiement of churches. and belween Countries. by woviding relevant information. ar•J also by calling attenbon to wticular needs ¥Ahfft. tx OfCon( to whth are immediate or novel. Dumg the year covwed by this rewt, tt fOlkj XtivitS and iniiiatNes took place: Preparation for the nexl global coTrfe. IBCM9 to be hekl in Rwanda in June 2027. Over 14 countries were visited. Various nalional or regional conferences TAere eno)uraged p•ts'cipated in. • Administrative. proff#)tKrfwl. aTh1 c4)nThinKtKA) supsxirt vas wtr4MJed ts the preparalion of severa regiona conferences. IBCM Nehv(vk Aop conlwiues to be devek)ped and used for workfrwJe comntron and as a Speci communu1 tool at reg&81 aFMI global conferences. The Go Discipl8 project has been developing under Ihe leadership of the Intemation81 Director. SUPFQrted by a team from drfferent rns of the workj who are writiThJ and producng disopleship matenals. ¥hN¢h are also trangated nto a n¢mknr of language5. The Intematbjnal TrainirvJ Prw. a 0)Ilab)tr)n beten IBCM Nehvork and Auslrallan College of Christian Studies (ACCS), has supported theologcal trainng in seven Countr.. Zambia. Kenya, Ethiopia, Uwda. Rwarrtla. Malaysia. and the Philippnes. Meetings of global youth ambassadors were hehj regularfy throughout the year. Meetings with natK>nal youth netwo We Ij in several rnuntrps, indudiffj the Democr Republrc of Congo {DRC) and PjgaI. To rrtd the objective of faCiatij comFrwnicakn"on within the Brethren netsvork worlthKIe. communicaltons were ¢irculed thrOh the website and other eIthn Means. The trustees believe that the work descni)ed cannot be rnaintain6d on the scale required Tmthout maintsining a pennanent internhMal staff and gradualty increasing the tin whh tt)ey can ¢omm5t to work as funding permits. Part of their r(Ae is to work wilh ne1w0S of vokjnteers from different countries, so as lo encourage them and to develop b¥iti"es of the sort list&J above. The staff is small. compmising an Iniemational Director based in Austral WIK) worked 2.5 days a week until his departure in November. an Administrator based in Itaty fv114iff* until her departure in December. and a m.time FInar Officer based in Scotland who rerroins actr. The trustees believe that IBCM'S work will continue to depeThJ wwut from a WKle range of volunteers across the World, but recognize that pent staff is akn essent 61 Pag¢
2.3 p1¢ b•n•fft
The charty provides public benefft ty advarttng Chiistianty by slrengthening a wovldwNJe netsvork of
local congregalions, particularly by encouragiThJ and seekw¥J to improve Ihe quality of national and IcKal
leadership. Not onty is public t)enefft given 7there elYeclNe Chrtstian experience a1 prncb.ce 15
encouraged lthus raising the 0¥8rall quabty of lrfe for many people those interact with}. but, ag
has been the case throUght Chrislian twstory. kKAI ¢ongregatKm$ and wider Christian netWoS a
key civil instsbjtsons in relet and de¥eprt in many countiies 0$$ the Mvld. and in others make
often unseen and unvalued contribut)nS lo qu of life in k¢al communi1. The charity's work with
key leaders and activists en¢oLrages ihetr effectiveness in Ihw roles in these congregations and
neth5. As resources pemN( rel1$ alSof1ated inc(wnlrwwtre Biethm churches are affltcted
by natural disasters.
The trustees rwnize their duty vnder Eryhsh aThl lthv to have ward to the Charity
C(KnmIssn's guhjance on the wblrc benefit whth charities must 9Ne rf their ti¥S to be
charitable. They are satisfd thaL in the ways explained above, theirxbvities provide substantial publio
benefft and do not gNe rise to CnIer-banCirVj hwm. The aiienlion of truslees has been lled to the
ommtssion's revised guidance of2019 on and thty have hal regaril to it in shapirvJ the
Work ofthe charity.
3. Flnanclal Revl•w
3.1 Flnanclal A¢tlvKy aNI Flnanclal Poslllon
The Statement of Finanoal AclivilEs and Bnce Sheet of the
3A Valu• of Input by volunte6rn Conststent with the tradibon of the Brelhren netfKk the chwity ser¥es, much of the worff of the chaiity is carried (#rt by voluntews. Vthile Ihe truslees consHler that, rfthe work 15 to devek4) effectively, rt is essential that some of it be carried out by wnanent empb)yees. it WIN nevertheless remai iff¥)ortant that there be consJerable input to Ihe ¢hwiV5 work by volunteers, b)th trustees and others. That has en the case over the repOj pericKI. This work has significant vale to the charity. but tt would be questionable to s to estab]tsh a prec4se Wnetary ffigUTe for IL 4. Responsibilltl•8 ol Tru8tO0s for the Flnanclal Stat•m•nts The Irustees are responsible fi)r wepanng the repcxt and the financial ststerrents in acccthce with applicable law and Untted Kingdom Generally Aepted Accounting Practre. ChaTty law requires the trustees to prepare financial StateIts foreach fmancial year that give a and fair view of the state of affairs of the chity and of its finKaal acariitses for that select ltsbIe ac¢ountsng FOrleS appty them consistentfy: make judgents and eslmates that are reasonable and Prudent". epare the finan¢ial slatemrrts on the going (xjncem basis unless it is Inapproprle to The trusteès are responsibte for keeping proper a¢rJ)unts"ng reclyds disclose with rea3onable accuracy at ary the fan¢ Won of the chanty and whtch enable them to ensure that the financial statements comply the Charities 2011. The tnstees are also reSpcffible for safeguarding the assets of the (arity and he ffiy rwnable steps for the prevention and detection of fraud and other irregulariis. 5. Approval The report oftr trustees was approved ty the tnes Juty 22. 21Y26 svjned on Its behaw by: Trusts•- Frederlc Walraven l¢ha IBCM Network 81 Page
Independent Examinerfs report to the Tntste•s of IBCAI Ne1w0 fthe charf) for the penod ending 3131 December 2025 Charity No 1182514 I rewt on the accounts of the charity for Ihe eThJed 3111 December 2025. wlKrh set t on pa9es 11 to 18. The trustees are responsible the prepa• of trE accounts in acoy1l3n with the requyemenls of the Chwities Act 2011 (the 2011 Act}. The charity's trustees consider that alt 15 not requwed for Ihis yoar under section 14412) of the 2011 Act and that an independent exarrinath)n is reded. As independent exarrw. it 15 my res1. ty to: • examine the accounts 145 of 2011 • to lollow the prureS L8id d(r•ffl in the Genernl D110 given by the Chanty Comission undw sectron 145(5)(b} of the 2011 * 8j • to slate whether pathular rrotlers have C( to my attent. 8asis of independent ex8minerf8 repL¥t My examallOn was carried out in a¢ccdan wilh Ihe General Drections given by the Ch¥ity CoryThission. An examinaKm inchjdes a revie4V of the *xounting recwds kept by charity and comparison oflhe ac¢ounts presented Ilvxe records. It also In¢(leS consideration of any unusual rte or discfosures in the aczounts. and the seekirwj of explanations from you as trustees conceming any such matters. The procedures undertaken do not provKle al the eviden that would be requi in an audit and. consequenty. M opinton is given as to vthether the acUnts present a 'true and tar view and the report is Irmiied to Ilw matters set out in the statement belcmf. 91 Pdge
IBCM Network Independent Examinerfs report lo Ihe Trustees of BcMPIel for Iheperlod endlng 31st December 2025 Independent Examlnerfs Stateme Sirte the Conyaty's g$$ irtome •xceed•J £250.CKXI. yow eXIner nmtst bè a mttnber of a bc¥Jy listed in s. 145 of the 2011 Act. I confinn Ihat l qUrfi lo ertake the examination because l am a member of The klItU10 of Chartor•J Accountants of scot1. TAthich is one of the lisl&J bodi8S. In ¢orMwlion h4th my examination. NJ mattw tos CO to my rtK•Th. 1. thich give5 me reasonable to believe in malwi81 respect. the requirnments: to ke8P 8ccountirNJ in acc0Th1 TAith s&tion 13) of thB 2011 Act: io prep¥e aCcOts Yknich acco Y4ith a¢counting records ¢ompty 1th the appli¢able requirements concemrg the form w#J Content of counts sel oul in the Charities (Accounts and Reports) Re9atIOnS 2008 (other than that the xcourts give a 'tr fairf view. 4i¢h is not a mar Co1eI as pat of • nJepeMlÉrt èthninaion) have Mt been rrt" or 2. lo vthch, in my op1m twion be in order to erle a propor wdwstaThling of the aCcOts lo be rnhed. 22.7.Z6 NAME". Kenneth Tait (tnd endert Examiner) ADDRESS.. ADDRESS: H**ni Ll ML3btJg 10 l F¥¥e
IBCM Network STATEMENT OF FINANCIAL ACTMTIES Including incom• and expenditsire FOR THE PERIOD ENDING 31 DECEPJIBER 2025 T(thl Funds Prior period funds INCOIAE FRO&t (Note 3> Donations legacies Charitable activitses 147,037 147.037 44707 126,340 1%,340 Investment income Total income 147m7 126J40 273A 145.896 EXPENDITURE ON:INot• 4) Charitable activiti8S Total expenditure 118.528 11&528 162.500 161500 281,028 281,028 141.052 Net Income {Expendilure) Transfers lJ6.160) 17.651) 8,IX11 Net movemènt in Funds 14160) 17ffi51} RecoTrclllath)n of lunds Funds bmught forward Balance carried forward 45.398 16,832 90 All of the activities of the charrty are dassed as CrtinuIrwJ. 11 I Page
18CM Nètwork BALANCE SHEET As at 31•t DECEMBER 2025 31 December 2025 Prior period CURRENT ASSETS Debtors Cash at bank in hand 42,390 $0,042 CREDITORS Amounts falhng due within one year NET ASSErs RESERVES Unrestted funds Reslricted fijnds 25.558 5.050 AH of the activities of th8 chartty are dassed as crmtiniMrvJ. The charity has no recc¥Jnised gatt cff losses ollw than the results fi)r the year as sel out above. There are no material differen$ between the surplus on dinary actr¥itEs and the surplus for the financial year stated above. and their historical cost equNalents. Tho noles on pages 13 to 16 f¢)nn part of these financlal statements 121 Pd8e
IBCM Neiwork
Notes to the Financlal Statements for the perfod ending 318t December 2025
STATUTORY INFORMATION
IBCM Network is a charity, estabthsw as a Charitable IrKOoraled Cganisalion, registered
in England and Wales. The chanty'$ regstered numiw and registered Offi ad(kess can
be found in the Report of the Trustees.
ACCOUNTING POLICIES
Basls of accounllng
The finanoal sl8terynts have been wepared in accordarmx wilh If a¢courtiThJ policies set
OLrt in the notes to the accounts MI comply with the charity's g0vem1 document, the
Charities Act 2011 and Accounttiw and Reporb'ng by Chwitw: Statement of Recommended
Practice applicable to charities FYeparirvJ tr1r accounts in accNdance wilh the Financial
Reportirrfj Standard applicable in the UK and Republic of Ireland wNished 16 July 2014
(as amended by Uwjate Bulletin 1 published M 2 Fetuwy 2016).
The thanty is a public benefft entsty.
There are rK) mataial uncertaintss affecling the abilty of the chanty to continue as a gomg
concem.
In adopting FRS102 for the first time. no year numbers have been affeLted.
Incom•
Income is recognised in the Stalement of Financial ACtsvitS wtr
the chanty becomes entitled to the res
Taxation The chty 18 not liable to tax on its thitat4e as Img as it 15 ied for charitaLle purFrt)ses. It is not considered that there are any activtties givirvJ rise to a tax liabilty. Fund accountlng Unrestricted funds can be used in acc(Kdance with Il* chafitable oL¥ectives at the dis¢retton of the trustees. Restricted funds can only be led for part¥ restri pp0 wilhin th8 obj'ects of the tharity. R8stridions arise speufied by the donor or when funds are raised for particular restricted purposes. A fvll descripts'on of each of the fur#Js is inckxlad under Note 10 INCOME Analysls of Incorne Unrestrl¢ted Funds BTN Reglon•l Conf•r•nc• Rwanda Dlsasler Rèlief Prior Year Donatlons & Legacies Donations & Gifts Grants from Other Charities Total 9.875 1,063 137.162 47,644 147.037 48.707 Charltabl• Actlviti•s Donatbons & Gifts Conference Fees Total 10.798 25,655 52,080 1,734 88.153 44.909 1.734 88,153 10.798 25,655 96,989 14 | Page
EXPENDITURE Analysis of Exp•nditur BTN Rwanda Prfor Year Funds R•li•f Charltable Actlvlties Staff & Contractor Costs Conference & Travel Costs Disaster Relief Grfts Other Admin Total 83.299 65,143 29,269 111.367 20,641 50,233 17.545 187 771 129 50,362 7,723 141.042 118,528 111.058 309 PEOPLE RESOURCES There were no employees for the per covered by thts report. Ho*Ever, the servi$ of an intemational director and an administrator tTe seconded to the charity until the last quarter of 2025. CREDrroRS 2025 Prior period ACGnlS 151 Page
IAOVEMENT IN FUNDS The mover[ts in Funds in the ped to 31sI December 2025 were as follows".- At1 Income Expense Trdnsfer January 2025 At31 Dec 2025 between lunds 5.050 147.037 (118,528 (8.001) Un1cted 25,558 Restrictsd Brethren TrainiNJ Netwofk Disaster Reljef Rwanda IBCM 819 Europe & Regional 3.665 24.707 1,734 (771) 25.655 (50.362) 10.798 (309) 4,628 10,489 16.620 88,153 (111.058 8,001 1,714 Total Funds 50.042 273,377 (281.028 42.390 DesCripOn and purpose of funds and transfers Unrestricted Funds These are funds thal may be used for any purpose trt l*s within the aims and obj'ects of the charity, as the trustees decide. Restricted Funds Brethren Training Network This fund supports Iraining inbtiatives on an intemational basis, a key part of which is a regular Conferen atterthd by delegates from many countries. llisaster Relief This fund is for gifts that have come in for direct transfer to disaster relief projects that we are a&wciated wrth. Europe l Regional Conferences This fund comprises inc(xne ar expSeS for regional nferenCes. IBCM 819 This fund holds grants and gifts received f(K admwlistrative costs and sponsorship of delegates to attend our main global conferences. Rwanda This fund holds gfants and gifts wNed for Rwand&based churches and ministries. 161 lage
TRANSACTIONS TRUSTEES Expendilure Theie were no payments to trustees for their services to the cha(ity during the period, apart from reimbursement of out-of-pocket expenses incurred by tntstees on behalf of the charity. 171 Page