REGISTERED CHARITY NUMBER: 1183942 (England aiiil Wale$) REPORT OF THE TRusfEES AND UNAUDITED FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2tr24 FOR BOOKS BEYOND WORDS Harrison Beale & Owrn Limited Chartered Ac¢ountath5 Highdown Hou5¢ I l Highdown Road LeamingÉon Spa Warwtckshire CV31 IXT BOOKS BEYOND WORDS coprrENTS OF THE FINANCIAL sfATEMENTS for theye%r ended 31 MaTrh 2024 Page Report of the Tiwstees Independent Examiner's Rtport io Statemellt of Fln#n¢ial A¢tivitiu StAtement of FinAncial Position 12 Notes to the FiA?n£i*l Statements 13 to 19 Detailed Statement ofFinanei#l Actlvities 20 to 21 BOOKS BEYOND WORDS REPORT OF THE TRusfEES ror the yegr ended 31 M&rch 2024 The liiistees PT¢sent their repotl with the financial statenients of th¢ thariÈablB incoryorated organisation for the year ended 31 March 2024. ThE tTUSte£s have adopled the provi5É0D5 of Accounting and Re￿)rtIng by Charities.. StRl¢tn¢nt of Recoinmtjided Practice appltcablefo char5ties preparÈng their accounts in accordancewith theFiTrwi¢iJl Reporting Standard appli¢able in the UK {FRS 102) (effective l January 2019). CoverniRg document The chajity is controlled by its governin8 document. a decd of twst, and wnstihtles a rjwitable incorporated or8ai)isalion {CIO} a5 defined by the Charities Act 2011. Registei'ed Cbarity number 1183942 IEnglAtkd and Wales) Registeiyd office 43 High Street Leatherhead KTr2 8AE Trustees Prof Sheila the Barones5 Hollins M Malcomsoii KReg Prof l Tuffrey-wijne PhD, RN L Baitosz¢k N TetruyEYa T Steed P M Felix J Ci Kelly Mts J S Leppard Prof K A Runswick-cole K SeligmAn A Fabian S klibbert - 8PtK>inted 06 NoYemkr2023 - ￿Signed O¥ July 2024 resigned 08 July 2024 - resigned 22 April 2024 apw)inted 08 July 2024 - appoinfed 08 July 2024 ]d¢pe4dent Examiner Harrisoll Beale & Owen Limited Chartered Accourttants Higlidown House I l Highdown Road Leamin8ton Spa Warnyickshirt CV31 IXT BOOKS BEYOND WORDS REPORT OF THE TRUSTEES for the year ended 31 Mhreh 2024 BACKGROUND Books Beyond Words, working ttame"Beyond Words.. 15 dic UK'S p¥¢torial story tellin8 charity. Our wonl-fiee books and storie5 transfomi lives. ¢mpxJwering people wÈih Icarning disabilitits to undetsiand Ilie world around them. to sharc their feelings and participate mo]t ￿]lY in decisio1￿ about their Itv&s. Being able to 'read' the iEn&gcs we is hov we know a green light means go. a sfftÉle means someone is happy to see US. OT that a piec£ of art is telltn8 a story. llus is the wre of ViSLd literacy- the ability to makc ineaning froin the pictures in froiit of us. Our picture StorytEll￿g beg*n 35 yeais ago wlien our Founthr and Chair. PrOf￿)rthe Baroness Holl11￿ began workllig with people with leaTtEing di5abiliti¢s at St George s Hospital medical school London to co-cttate pic￿re stories and resour¢es that would hElp lknetn understand and llavigate the world arnund them. We rtalised that it is not just people with learnrng di5abilili¢5 who benefit from the power of pictures. Nurluting visual Ittei'iiGy- OUT ability to ￿ad meaning in imases- can unlo¢l( everyone s ability to connecl with Iheii feelings attd improve their mental health and wellb¢kng. When we biitld ollr mental we81th and resil1ei￿e. we all thrive. OBJECTIVES AND ACTIVITIES The objects of the ChoFilable IEicoryof81ed OrganisatioR (CJO) are #s follows.. Foi. the public benefii to advance the education and social inElusion of people of any age with intellectuallcommunication disabiliti¢s and autism in the UK aiid e15ewhetr by providing and asSist￿ng in the piDvi510n of skills and pictorial resource& and the d￿elOPm¢￿t of ihcir individtEal capabilities. compelen¢ies. skills and und¢rstanding in subjects of cducattonal. andlor tecttational or occllpatioiial value. 2. To advance ih¢ education of the wiblic in generdl (and partiailarly atwingsi healib, rare, faÉth aiml education pJ¥)fessiona151 about iHt¢llEGlual and comiJiuiitcalÈon disabilaty. rn¢ntal health and auti$m and to promote research for th¢ public benefit in all a5pEcts ofthese subjects and to publish the useful Tt5uIt5. 3. To as515t in su¢h ways as the charity frust￿5 think fil any Charity in the UK and elsewhere whos¢ aims iii¢liid¢ advallcihg educaiion, health and wellbesng, andlor rediici￿g poverty or social exclusion of persons of any agc with intellectuallcotnniunicatioll disabilitÉes and autism by developillg th¢ir pliysical alid moral capabilities through health, oc¢upation#l, aNd leisure lime activities. The activities encompa&s the following: l. Book Publishing BeyoThd Words deYelop$, publishes and distributes Word frec story I￿kS for pwple with leamirkgdi5abilÈtie5 and autisrn. people Nvho prefer pictu￿& lo words or people WIKJ Ca]it￿t read. These book r¢sour¢ts give people the opportunsty t bette¥ uttdei'sland the complexitiE5 of mod¢m lifK to e%press their feelings and etllotioiis, lo share their experIe￿CeS. to build fri¢ndships and inclussvenc5& to taise their hopes and aspirdtÉons and io give them a voice in so¢iety. All our books are c041eveloped. extensively trialld and promoted by wple wtth learning disabilities. to ajsure that the coJnTnunication 06jeclivcs are md and that th£ books gcnuinely engage And ittterest the read¢￿. Our Story books also made availabl¢ in digital foEmats, including eBooks and in App featurtiig Iiiaiiy short stoi'ics froin each b(x> 2. Book Clubs W6 SUPPOrtthedevelopment of B(K>k Club5, ix)th faCe-trtiTrg botli children and adults. 4. Mental health aDd emotSOELal litEraGy We publish books &ix>u¢ mental health. dÈfficult 5iluatioTrs and ordinary everyday life experien¢es. We traio health profcssionais, teaGh¢r5 atld others to us¢ our stories to eDcouragE COEiversations about feelings aijd experi6nC¢S. 5. TrainÈng We provtde fa￿ lo face training atKI e-leaming foi health, education alld SOGial care pft)fe55ioiials who use our books wit]1 people with learning disabiliti&% and oihus who IKn¢fit from visual methods of coJnnEuni¢alion. We also piovidt li?tnitig to lEbrari￿ and community groups to set up Book Clubs. ACHIEVEMENTS AND PERFORMANCE l. Book Publishing We held a joint launch for three books in May 2023. .Var Goes lo Ilrt GP. ihe War Caine L7F7dLiicy Goc$ Ridiiig. The tE￿te Varied ly)Dks will all help children wÈth their merttAI heallh and ability to experience new thi1￿5 PfJ5jtively. The Having A Vaccille leaflct. SPJTJ50rEd by the RCN Foundation launched in partEkership with Ihe UE]iversity of Hcrtfordshire in September. Our ￿Cond parenting book sponsored by Porticu& 14)ving Babi￿. w&$ launched in Decembcr at the Kent, Surrey & Sussex Learning Disability Community of Practic¢ confe¥enGe and distributed to maternity units arr￿5 thc county. Continuing tn pffx]uctiOll this year are Geiiing Help ipiih Gas, a b￿k for indepEndetk¢ livÉng supported by Cadent, Joe & Jiilie Slop Swokrn& swTrnsored by Hertfor¢tshÉff PArtnershtp NHS Foulldation Tn]st to help PEople G¢ase srnoking, and a Series of Pictures commissioned by KiThgston Ln?ver5ity to help people plan for their funeTals. All will coinplete in the Iiext financial year. Kent Book Club5 have K¢ur¢d the fimding for a jointty eo-produced EK)Dk to th to our Picture This seri¢5. llie stoiy will follow the adventures of Sidihe Se¢Eull and will deliver in the next fEnanGiAI year. Book and licence gales for thi5 financial year w¢re £46,579 compared wifh £58.417 th¢ p￿Illg year. Tn lii)e with Qui. strat6gyJ in¢reasing niimber of b￿kS are bEing P￿vIded to orgiikisations free having be¢n funded through grant incoEne raised for tbal initiative. 2. Book Clubs L&Q Foundation provided funding to supwrt 15 new Book Clubs i]1 Lambeth. Southwark, Wandsworth, Merton, Sutto &TEd Croydon. Ctty Bridge TrL15t ar6 5UPPOrting up to 30 new Book Clubs Èli Lewis1￿￿. G￿nwiCh, Islington, HarinLTey d Ealing. We received new funding fiom theNalional tA)ttery Community Fund to start 3QO new B(x)kClubs htl Englaiid by O¢tob¢r 2026. The Book Club in a Box projectbegaii with a detailed planning ￿ld developm¢nt phase from October, and officially laiiiiehed ¢>ii World Book Day 2024 7th March. By the end of the fiHaThGial year I I new clubs had eornpleted traiRing, 5ign¢d agi'eements and received their Book Club in a Box. BOOKS BEYOND WORDS REPORTOF THE TRusfEES for the year ellded JJ March 2024 3. Supp(Hting Education & Learning We displayed and demonstrated our iwks at both the TES SEND show and the Indq)¢nd¢nt SchDtsls SEND Conferenee. Open Book, funded by Portieus, Inoved to the assessDieDt stage iji ihe AulumTr Tcm). This followed an EXt￿ided peri whilst the meiiloi's involved lll the projed helped Impa¢tEd to develop a JDbusl evaluatton pN)cess for the 18 5Ghoo15 Etkgaged with th¢ programme. The results of the Open Book project WLII be laullct￿d tn the next fi￿ancial y¢&, bul Illltial results show.. A sttDng causal link between usc of thE IM)oks and ptspil progfess towards emotional wellbeing. 5trongei' pee É'elationship5 and an ability lo expiess and rw)8nise a range of emoliolls. Tlje resources are easily adaptable to different sth(KFI contexty pedagogical patten15 aThd nerd5. atr highly valued by paTli¢ipating sth(x>ls attd fill a gap in provision tLOt met Ilmuglt other rtsour¢es. Non-SEND pupils, SEN pupils iii mainstrearn an41 pupils in specialist education settings all 12]ade progress in key outcomes, demonstrating tlte etketlven￿ of the JyK*s across mainstream and specialist s¢ttiE)gs alld the adaptability of tILe approaGh. 4. Supportiiig Mental Health & Emotional Lit¢rn¢y The BW Story App bas been problematicthis financial Y￿r. Aftera tnojor cr8th it is havin8 to be rebuilt and repopulated. Siibsoribers who use the App tn education and in the eonimunity to 511PPDrt individuals with thcir M¢￿tal health and emotional literaoy hay¢ been given a¢¢w to a restricted website where PDFS of the stories have been teJiiw)rarily inad¢ available iintil the probletEJ is ftxed. Sale of li¢en¢esto ourdigital SUPW)rtpa¢k￿¢ aEe CUTtently on hold,which is restrictingoui abilityto raise core funds. 5. Training W¢ liavc started a new Iraitsillg prowmme al City Lit, an ad￿1( education college in Holly)rn, Central London, to support the deVelop￿ellt of the aforementioned London Clubs. Potential Book Club facs11tat0￿ join us for a half-day i p¢t50tt tsxining sessioll whieh is co-l¢d by i mrmber of staff, an experienctd self-advocate and students eiirolled (In the City Lit TIiclusive Ed￿Cat￿On programEllC. A d¢monstration of how to read the books, how to Start conversations and how to explore difficult topics in a group setting is folIDW￿ by a ¢hanc£ for PaTtieipaDts tt) ask question&. Tknc fredba¢k h8S been very p05iliVf. 6. Fundraising Fundrni5ing was focussed on oiir 5trdtrgic prioriti&s'. W0￿1#g in schwls, community B￿k Club5aDd Grcating newbooks. Wc had a vwy siiccessfikl bid to the National IA)ttcry Supporting Commwiities Futid, bllt othej. fundraÉsillg from trusts and foundatÉOn5 was disoppointing. Beyond Words was chosen BBC Lifeline charKty which raised over £33,000. We are engaging our community Wth Iow-COSt fi]ndrdising initiatives such as Easyfundraising which brought in over £100 in the first three montlLS after registration. Oyr btegest success with fi)ndrdi5ing has co￿¢ froEn the National Lottery Community Furhd for oui. Book Club tn a Box ptoject. Wc aT¢ grateful to the following charities and o￿an]SationS that have made grants or given donation5 to B¢yond Words to support oiir wtsA('. BOOKS BEYOIYD WORDS REPORT OF THE TRusfEES for the yeAr ended 31 Mxrch 2024 3Ts BBC Radio 4 Appeal Donor5 Cadent Foiindation Cily Bridg¢ TIu5t Forest Hill & Sydettham Girl Seouts Heart n Soul Hertfordsliire P￿Inership NHS Foundation Tru L&Q Foutjdalion National Lottery Fund Porticus Social Enterpris¢ Kent Southwark Schools Learning Parlnership Those givittg in memory of Frances Coultoll Thank you to thr eight individuals who made personat donation5. Grallts totalled r218.442. Don8lions aDd legacies tolall&l £55 J86. IMPAcr People with l¢aming disabilities experience signifiGgnt health itlcqualities in the UK. The 2021 IkDeR annuat rew)Jt said tliat 49 pej'ccnl of the deaths of people with o learning disabiltty We￿ avtsidable whid) compare5 to 22% for the ge￿traI population. Du¥iiig the Ctsvid 19 pandemic the death fdfe for pcopl¢ agEd 18 to 34 with learning disgbilittes was 30 timcs higher than t]iE rate in the $ame age group withoui disabÉlities. 6 out 10 people wsth learning disabilities die before age 65. cornpared to l out of10 for people from the gtnerdl w)plllaliorÈ. Beyoiid Words books help develop healih and ￿￿OI10nal literacy ilk people with learntllg disabilities, their families aiEd h¢altl) aTJd Social Ca￿ W0￿erS. Our Fxxjks coyer & Signifi(￿llt nuniberofphysiGal and mental h￿1th conditions tha¢ people with learrtiiig d%sabilities experience. Rcscarch has fouijd ihat heahh littVdGy is iefleded in the Beyond Words appro¥h which is b8sed on a strong relatioiiship between supporter and reader, the picture 1X￿k as a shared in¢ans or￿[￿M￿￿)ICa1llle aboiita frtused topic, and the ability of tlJ¢ r¢ad¢r to develop understanding 0￿r tstne through repeated usejexposure to the b(x)k15. Research tnto the use of Beyond Words books clinic81 consultations found that intnimising ihe rogthitive lo￿ by Usllig wordless pictorial ttattative reduGes anxÈety. and e￿￿￿werS th¢ palicnt. Clinicians u5ingthe resotjrtts dewik posilivc cliniral out¢omes. Oth¢i. kEy a¢hi¢v¢ments have been: a) Moving Énto # dedi¢ated offjce space ¥D L£atherhtad has brought the leam back togetheT following th¢ isolation of Covid. The office space h&% a sinall reading area which (xn be used to iiitTt)durt visitors to our b(K)ks. to host stnall eEti118s and as an inclusive quiet space for m¢mbErs of tlie team who il. The presence on the High Street and piY>ximity to printer 15 cnablitsg us to beLx>me part of the SunEy knrning Disability 8ttd Cliarity communities. b} New additioJJs to our staff team, including an Office Manager and a pennanent CEO. has helped us to refocLts oli our prioritit5 and lo d¢velop I1)nger-t￿M business plans, Whil￿ also cnsurts we have the necc55Ary policies. procedures and 8overnan¢e to bE51 serve our eorntllUE]Éty- c) Oui. first nationwid¢ project to introduce Book Clubs was launched March 7th. The project aim5 to tfftte 300 new Book Clubs ovei. three years, reachÉng 3.￿)0 new peopl¢_ Ir has bencfittd rton) the dtdic&ted lead-in time whicli lias developed tlle administration and record keeping that will supw)rt the facilitator5 and members. B￿k Club in a Box will b￿]Id on the existing netWOTk ofapproximately 40 B(K)k Clubs with 4n audieE)ce of 400 pwpl¢ with learnÈng disabilili¢s. dl Ollr WOTk in 14 schools was evaluated by ImpactEd. The evaluation. iThvolving 110 pupils, will dcmonsttpte llow our picture storses can improv¢ emolÈonal wellbeikg a￿d lielp yollng people to identify and express their ernotion5. BOOKS BEYOND WORDS REPORT OF THE TRusfEES for the year elided 31 .Marcb 2024 c) Awa￿ne$S of our WO￿ wa5 rai8ed wiib thousands of new people through our Radio 4 Appeal. raising over £22,000 frotll 167 dooory, and generatijig 18 inquiri6s aboyt how to LL8e the EKK)k5 in schools. 0 We reached ovcr 8.ODO people thiDugh our newsletter. evtnrs and ttaintng. Our webslte had an 8Y¢ in¢rease in traffic COmP3r¢d to the prevE0￿ year, brl￿giThg ovef 100,000 people and over 199,000 page vKews and downloads. gl We 501d 2246 paperback EMX)ks. on average one facilifator will us¢ each titl¢ with 3 peopl4 equalling 6729 people. This compar¢s wilh 2015 Ix)oks, and 6045 ￿0p]g. in the previous year. FINANCIAL REVJEIV a) Going Coiieem After making appropriate eJiquiri¢5, the Trustees have a rewnable expectation that ihe Charily has adquate re50ur¢¢s to continue in operntional exist¢nce for the Fores￿b[c fu￿￿. For this reason, thty continue to odopl the going concern basis in preparing tbe fEnaDEial statem¢nts. Furtherdetai15 regarding the *loption of the going con¢¢m basis can be found in the aG¢ounting policies. b) ReseTve Policy The Irusle¢s aim to inaintain fyee reseThe5 in UTJrtstriGld fiLnds at & Icvel which equates to approximately I1￿¢e to six It)onths ofunrestriclEd GhaTilable exptThdilure. The ttU51ets consider that this level will provide sufficient funds to allow for response times for grant applications and io ensiir¢ that support and gov¢m8nee costs are eovered. Th¢ bal3n¢¢ held at 31st March #s free T¢serve4 exclllding fjxed asscts. 5tandsat £33,139 ￿lch repr￿ntS approximately 3 nionths of unr¢slricted charilable expeE)di￿[c. This ffpresents a inodest improvem¢nt on the prior ycar and altbough within oiii. stated re5eTYeS policy COlltÉnues to be at thr low end of our deSI￿d reseTves. The Cliarity's fIJiancial projectsons SUp￿rt the trust¢¢s' expectations of fijrther rewvery and growth iii the curretJt year. ¢) Principal fiindÈDg The prin¢ipol fvnding source is grants for b(x)k publishing and projecK followEd by ly)ok sales and donations. STRucfuRE. GOVERNANCE AND MANAGEMENr &) Constitutsoii Books Beyond Words is a charitableIncotPK>rnt￿ot¥alliSatl0n{Clo) charity ¥Egistr2tion no. 1183942. Priorto the CI(Ys coinmencefflent on 18th Julle 2019 the organi5Ation operated for a numberof yeats as a Community Inte￿51 Colnpany. b) Methods of ap]x>infmeiit or elettion of Trustee5 IThc TnaTrag¢ment of the Charity is the Tesponsibility of the TrusteGs who elected and co-opted under lh¢ t¢ms of Ili¢ Constitution. c) Or8at)isational 5tsVGtU￿ ind deci$ion-makÉng ￿117¢1¢$ The busiJies5 of th¢ Charity is Conducted by the Board of TTUStees which has a legal r￿pD￿S1bIlity for the organisation. DeGisions ar¢ tnade collectively by the Board ofTrustecs which mrets fourtinies per allnum. The day-to4lay n)anagement of the ChaTity is deleg81ed lo the Chief Executiv¢ oificer and throiigh Ihem, to thr members of the staff ¢¢aTn. The l¢am works to deliver the agreed stralegic plans, which are aligned lo its core aims alld objeGtivGs ensuring Kts ¢U￿e1)t &ctivities have maKiTnuin ]tlevance. impaet and are of betLEfit ¢0 the pttblic. d) Policies adopted for the induction and trdin5ng of Twstres The Boatd of Ttustees constantly r¢vi£w5 the numberof Tnistees atld the balance of llttessary skills aiid ¢xp¢ri¢n¢e, and recruits whtn iEqvired. Any new Ti'uste¢s will have thetr ri%Jx)nsibilities explainEd by the existijig TNstee5 and otliEr professional advisors as 2ppnTrpriate. BOOKS BEYOND WORDS REPORT OF THE TRusfEES ror the year euded 31 Mxrch 2024 e) Ttu$tees' DutÉes The triistees have giv¢D due regad to thc Charity ComniissÉon guidanc¢ on public beneftt and tlje dltlies of the Tnisl¢c5 ar¢ outlitied in the Constitution. &% follows.. l) ¢0 exercise his or her powcts and to perfomj his Dr her futJclÈons in his or capacity 8$ a tmstee of the Charity he or she decides its good faith w04]Id be most likely to further the purp)ses of (he Charity- 2) to Exercsst. in the performance of those functioJJ5. such care and skill os is reasonable in the circull￿tailCcs having ttgaid in parttcular to. {1} any 5pe¢Èal knowledge or expexietTrcc that he or5he ha5 or purports to have. and (ill if he or sli¢ a¢ls as & charity tllL8tee of the CIO in the COUT5e of a business or pn)fession. lo any SPEcial knowledge or experience tliat it is reasonable to expecl of a person i¢ling in ihe course of kind of busiE]ess or profe551011. fj FinanGial Tisk matJ&gement The Trllstec5 arc sat1Sfi￿ tbat there are adequale control systetn5 in place to provide ttasonable assu12nce against missl#tenient or loss. These include a strategic business plan reviewed by the Trustees quarterly and a ieview of a detailed Risk Register, covering Strate8ic. Finatkcial. Ooanisaiiontl and Govtrnattce risks. On a motathly basis the Chief Executive Offi¢er reviews perfonnance agasn5t budget and finan¢ial reconctliatioEJs. At]thority lo sp¢nd is delegated within defined limits and segregation of duties whcre appropriate. other exlernal risks to which tlie Charity may be exposed are idetktified and di*usseA al Twstee meetings aTrd additional Ptoj¢¢t Steering Meetings 2nd ajiy appropriatr a¢tiotts implenicnttd. g) Safeguarding Thc Charity'5 aim is to advance the education and soGial inclusion of prople with le•rntngdisabiliti£8 of all ages. Throiigh publishilig, training and disseminatioii activities, staff EnembeT5 and OccasioT￿llY Trustees Inay woi4L face-to- face with people with leaTfsing dÉsabiliÉ1￿. As SUCK the Charity ha5 established 5HfrguarditJg w)licits for workiiig with botli Ad￿[t3 and Children and the5r pDlicies, wliidi are Ycviewed and updated evw two years, are included in the HandboDks fo* both Staff and Trustees. ]n addition. the Charity has obtaitied DBS certifiration foT any individual who may need to work dir¢¢tly with peA)plewith learnÈngdisabiliti¢s. FUTURE PLANS Book Publishing Geiiing Help ivirh Gos, The FtineialPlanning Resoiiire and JOE andJiilie slopsn￿ki￿s will be published in the next finaaGial year. Sidihe Sffagtsll may be ready fOrpubli￿tion at the end ofihe year or early in Fiscal Year 26. We aim to secure fullding foT two or more new books duringthe year. Pota]tial tÉiles include The A4e#opaiise, GaiKbling HLYR'ni, OvliNe Srfgty and L(trokn"n£ Afier My Money. Book Clubs By October 2024 we atm to establish 50 new Book Clubs of the Book Club in a Box pmje¢t. wilh a further 100 by the following October. This will put us on target for the 300 iolal by OclDber 2026. We will a150 recrLlIt a pJx)je¢t cwi'dinator for the PrOj￿l and e51ablish a role for employee with a le&rning disability. To mark the l-year anniversary of the proj￿1 laun¢hing we aim lo organise a low-key awards programme on World Book Day 2025 to ¢¢l¢brat¢ the diversity of the Book Clubs and their achievetnents. Suppoitiiig EduoHtÈoth & Learning We will publksh the 1'¢5Lilts of the impact evalilatioii conducted on our book5 as part of the Open Book piDject. Wc will aim to use these resiilts to iTrtroduGe Fnixe s¢hool4 tolleges and specialist provÈders to our Jesourtes usiiig sts'ateEIC partncT5hips whert p)ssible. INDEPENDEprf EXAMINER'S REPORT TO THE TRUSTEES OF BOOKS BEYOND WORDS Independent examiner'$ report lo Iht trnstees of Books Beyond Word5 ('the Ch8rity') I report to the charity trust¢GS Otb ffty examination of the acwunts of the Charity for t]1¢ y¢*r ended 31 March 2024. Responsibilities bASiS of report As the charity's tnistees you are responsible for th6 prepat*ion of the accounts in accordallct with the Jyquiietnents of the Charitj65 Act 2011 I'ihe 2011 Acn. Havillg satisfied my5clf ihat ihe aGcounts of th¢ Charity are not requÈred to be audited and a￿ elagible foi. independenl examiiiatioTh, I report in respect of ]ny examillation of yoyr charity's accounts &8 Carried out under S¢¢tion 145 of the Charities Act 2011 I'the 2011 AGt?. ID carrying out my examinafiom I have followed the Direction5 given by th¢ Chai'ity Commission under SeetioTh 14S(5} (b) of ihe 2011 Ad. Independellt txamlneY'$ stilemtnt Since your charitYs ￿1)$5 incom¢ ex¢ecded £250.000 your examiner must be a m¢￿ber of a listed Ix)dy. I tan collfim that I gm qualified to undertake the eXa￿E[latiOn be¢ause l am a memberof tbe ICAEW which is one of the listed bodies. I have cotnpl¢t¢d my examination. I conflrm that nornatter5haYec4)meto my att￿tion Èn Col￿eCtion with the examiitatio givin8 m¢ cause to believe.. a¢¢owiting records were notkept ÉE] of the Chatity as wuirtd by the 2011 Act. or the accounts do not accord wifh Ihost re¢ords' or the a¢¢ounts do not cotnply with th¢ accounting ffqUiF¢Th¢nts ofthe 2011 Act other than any requirement that the accoiints give a true and fairviewwhich is not a rnattu coiK%idered as part of ijjdependellt examiJiatioll- or th£ acctsunts bave not beetj prepared in accordance with the m¢thods atbd principles of the Statemeijt of Recommended PTrGtir¢ for o¢¢OUnting and rep)rtin8 by charities (applicable to rhariliE5 preparing theii. accounts in accordallce with the Finan¢ial R¢p)rtirtg Standard applicable in the UK and RepubliG of Ireland (FRS 102)). I have no Concerns have come aGross no other mattels in ¢onmettion with the cxamination to which attention should bE drawll in this report in order to enable a pr0perundE￿aELdItsg of th¢ accounts to be reached. Gregg Oiller MPhil BA(Hons) FCA Harrison Beale & Owen Limited Charte¥ed Accountants Highdown House I l Highdown Ro&d Leamiiigton Spa Warwickshire CV31 IXT 19 December 2024 BOOKS BEYOND WORDS srATEMEPff OF FINANCIAL AcrJvtTIES for the year ended 31 Marth 2024 2024 Total fuuds 2023 Total ruiid5 Unrestrictp fund Restricted fi]nd Notes tNCOME AND ENDOWMENfs FROM Dollations and legacies 55,586 9,142 ChAritgble Rctivities Grants received Books &nd training 218.442 218.442 46.579 184,610 58.417 46J79 InvcsttllEtkl inGorne 442 Total 103J99 321.841 252,611 EXPENDITURE ON Charitable Activities Books and training Charitable projects OtTic¢ and admio tosts 13.1)92 27,693 79,540 116.018 40,785 79,540 196 893 32.916 84,369 138.238 Total 93.967 223 317 51 ￿18 255 J23 NET fNCOMCI(EXPENDITURE) Transfers between funds 9132 (4.809) 4.809 4,623 (2,912) 12 Net movetnent funds 623 4,623 {U112) RECONCILIATION OF FUNDS Total fund5 brought forward 29.775 29.775 32,687 TOTAL FUNDS CARRIED FORWARD CONfiNUING OPERATIONS The State￿¢llt of fjnancial artivilies ill¢Md￿ all 88ins aThJ lo&w r¢to￿l$ed during tlae year. The rKbtes form paTt of these fiJ18ThcKal statenieats 'Ixi.:i) ..I551.'1' Ji.N4J 64.Cb44 Ci4.4I4S IXS.1%7 11.1771 172,11221 Nl,"I' C'l Illltl,-Nl' AS%1,'"1 3j.ij JJ.iJy J4..11)N Nl,:'1' .45%1,:'T 34JYX 34,34111 •1}.775 )1).771 11)TAL I,'IINI), 34.3YII ?9,775 BOOKS BEYOND WOIU)S NOTFS T() THE FINANCIAL sfATEMENTS for the yegr etsded 31 Ma￿￿ 2024 ACCOUNTING POLICIES BASÉS of preparing the finAncial Statements Tht flnancial slalements of the chariiable incojporated organisation. which 15 a public benefit entity UDdeT FRS 102. have been prepared tn accordance with the awities SORP {FRS 102) 'Acc(Minling and Reporting by Charitjf5.' Statement of Rerommended Pra¢ti¢¢ appliG8bl¢ toeharities preparing their accounts li) accordance with tlie Financial Reportillg Standatd applicabl¢ in the UK aj]￿ RepublÉc of Ireland IFRS 102) (effective l January 2019),, Financial Reporting Sialldard I02 The Financial Rewrting Stsndard applicable in the UK and Republic of Ireland, aDd the CILarities Act 2011. Th¢ financial slatEM￿ts haye bE£n prep3fEd under the historical tost convention. Thes1￿1]ricantaCC0Yn1lng poli¢ies applied in thepreparntionofthese fingncial statements areset outbelow. These ]x)licies b&ve been con5islently applied tt> all yeaTS presented unless otherwise s¢aied. kncome All tncome is recognised in the Ststemenf of Fin&ncial Acftvitie5 OtLCC thc Charity h&8 entttlement to the funds. it is probAble that the income will be received al￿ tbe amounl can be me4suEEd ￿liablY. Expenditure Liabilities are rEcognised ￿ cxpenditure #s soon ￿ there És a legal or wnstru¢tive obligation committing the ch&rity to that expejiditure, Èt is probable that a transfer of ffonomiG beDefit5 will be iequÉred in settlement and the amount of the obligation can be me&8ured reliably. ExpeDdifure is accounted for on all ac¢Tuals basis and has been ¢lassifted under headings tbat a88re8ale all cost related to the category. Where costs cannot bc direGtIy attributtd to parti¢ular headings they hav¢ been allocated to activithes on a b&8iS CODSiStent with lh¢ use of re50urc¢s. Irrecoverable VAT is GharEEd ￿ a ￿51 againsi the activity for which the expendit￿¢ was illCUJTed. I'Angible r￿ed a58etS Dcpr¢ciation is provided at the following annual Trte5 inorderto writeoff each ￿tt over its estimat¢d us¢fvl life. Fixtures and fittings Computer equipmetht 33%on a)st 33QAon cost Stocks Stock is fe¢grded 8t th¢ lower of its c05t and Teali5able Yalur. Stock impaimient is considered on an annual b8S1S. Twxation The ¢ha]ity is exetnpt from tsx on ils charitsble activities. Fund accoulltillg Unirgtticted fi]nds can be used in accordance with the charitable objeelives at the dis¢rttton of the trustees. Reslridtd can only be used forparticularr¢5tricted pwposcs wtthin thc objects of the charity. Restrictions aris¢ when specified by the donoror when fi]nds ore raised for particular restrscted purrK>56S. Ra%tricted fi]nds received consist of grants aniE don￿￿>￿$ provided to the chatity for specifjc projects. Pensions The charitable incorporated organisatÉon operates a defined contribution pension scheme. Contributions pay8bl¢ to th¢ Gharitable incor￿Tated org3nisatsoo's pension scheme are charged to the stat￿￿ent of Fillancial ActivKties n the period to whi¢h they F¢late. Ortce the tosJlrilTrJtiotss have been paid tbe charity h&5 no further paymcnts oblig&tions. The conlributions aTf ￿CogniSed a5 expens¢s when they f811 due. Amounts not paid are showll in creditors oll ihe balance sheet. ThB ￿setS of the plan a￿ hBld separalely frorn the charity in inderKndently administered hnds. contijiued... BOOKS BEYof4D WORDS NOTES TO THE FJNANCIAL sfATEMETrrfs- contiiiued for the year eJAded 31 Mgreh 2024 ACCOUNTtNG POLicI&g- continued FiiiAntial instruTNents IA)ans and boriowiiigs are initially r¢cognised ai thc transaction price including transaclion costs. subsequeiitly, thEy are measured at amortised cost ustng theeffe¢tive Inle￿&1 rdte llleth￿. les5 impairm¢nt. Debtors and ereditors with tho stated interest rdte and receivable or payablr on dem8nd are recorded at IraD5&Ction ptice. Any ltssses ar[si￿g frorn impairment are recognised in the SOFA. IM￿sTMENT INCOME 21124 2023 Deposit account illteJEst 1.234 442 CHARITABLE AcrivrriES cosrs Support costs (see note 4) Direct Totals Books and training Charitable projeGt5 Office and ￿Min eosts 40,785 79,540 39,606 40,785 79.540 196 893 157 287 159 931 157.287 317,218 SUPPORT COSTS Governance costs Management Fi￿nCe Totals Office and admin costs Support ¢ost& included in the abovE att as follows: Governauce costs 21 Office and admin o)sts 2023 Total actÉvities Independent ¢xamitiers fees Aceounf&ncy and bookk¢¢ping Legal fee5 1,750 3,410 1,900 4,214 113 8J56 6,001 ontinu¢d... BOOKS BEYOND WORDS LYOTES TO THE FINANCIAL sfATEi¥IEN13- Continued for the ye8r eijded 31 Mylrch 2024 NET INCOMFJ(EXPENDITURE) Net ineomE/{expenditUT¢) is slated after dkar8iiipI(creditin8)'. 2024 2023 Independenf examiners lees DepT￿latIOn- owtL¢d a&s¢ts 1,750 967 1,900 TRUSTEES, REMUNERATION AND BENEFITS There were no tn￿t￿8. remuneralion or other b￿efftS for the year 31 March 2024 nor for th¢ ctsded 31 Maroh 2023. Trustees, expeELses Trustees, eXpe￿seS paid for ibt year crEded 31 kfarrth 2024 totslled £362 (2023 - £101} rclating to two trnstees {2023 - onr). STAFF COSTS 21)24 2023 W&ge$ aiid salaries SoGia] 5eGurity costs Other pension costs 107.133 5028 74,836 4.552 The averag¢ monthly number of empIoyees dutirjg theyearwas t8 follows". 2024 2023 Office and administratso No employ￿ received emoluments in ￿¢¢s$ of £60,IK>O. eontiiiued... BOOKS BEYOND WORDS NOTES TO THE FINANCIAL sfATEMEIYTS- continueil foi. the year ended 31 March 2024 TANGtBLE FIXED A&$ FÈxture5 and rtttings Computer equipmait Totals COST At l April 2023 Additions 8.727 4,013 12.740 1,618 At 3 1 Mareh 2024 8,727 S,631 14J58 Dri PRECIATION At l April 2023 Charge foryear 8,670 57 3,462 910 12,132 967 At 31 March 2024 8.727 4J72 NET BOOK VALUE At 31 March 2024 At 31 March 2023 57 551 608 srocKS 2024 2023 Sto¢k$ io. DEBTORS: AMOUNTS FALLING DUE wrfHIN OP4E I'EAR 2024 2023 Trade debtors Other debtors VAT Pr¢pay¢n¢nts and 8ccrued incomE 6,352 2.71D 4,000 1.319 2.982 2,463 8.301 co￿tinUed... BOOKS BEYOND WORDS NOTLS TO THE FINANCiAL sfATEMENfs- continurd for the year ended 3J Msrch 2024 ii. CREDITORS: AMOUNTS FALLING DUE WITHIf4 OF4E YEAR 2024 2023 Trade creditors SocÈal sccuri(y aijd othcr tax¢s Pensions payable VAT A¢¢vuals atid deferred tncome 106 4.220 903 2,952 1,743 289 754 150252 67.593 72,822 Def¢￿ed inwm¢ ¢ompris¢s gr8nts and IkTrnati0￿ TeceÈved iti the Current year for OUtst￿ld￿ng proje¢ts at thc y¢¥4r end. 2024 2023 Balaiicc bp)ught f[￿ward AEnoiints re1c￿ed to ancome AEnounts received and d¢fetr 139,955 (139,955) 64.645 108,490 (108.490) 139 955 Balan¢¢ urried fotward 139 955 12. MOVKMENT IN FUNDS Transfers betwee funds movement IEL fiind5 At 1.423 31.3.24 1Snrestricted funds General futtd 29.775 9,432 (4.809) 34J98 Restricted funds Grants and donations (4J(19) 4,809 TOTAL FUNDS 29,775 4,623 34 Net movement Èn included in the above are &8 folIows: tlleoming resource5 Resouices ¢XPEnded Movemei)t in funds UDre5tricte(I fuDds Geiiei?l fi]nd 103 J99 (93,967) 9.432 Re5trieted fuDd$ Grants and donations 218,442 (223.2SI) (4,809) TOTAL FUNDS 321841 17 18 4.623 ontinued... BOOKS BEYOND WORDS NOTES TO THE FINANCIAL sfATEM8NTS- continued for the year ended 31 March 2024 12. MOVEMENT IN FUNDS_ Contin￿ed CompAratives for moveTneNt ill funds Net TDovemetit in funds Transfers between funds At 31.3.23 At 1.4.22 Unrestricted funds General fund 32,6 (400) {2,512) 29,775 Restricted funds Grants and donations (2.512) L512 TOTAL FUNDS 32.687 Cotnparative net mOVeEnenÉ iu fitnd4 irt¢lydd in the are 8s follows.. Incoming Restru￿eS expended Movemenl in funds Unre5trict¢d fmnds General fund 68.001 {08,401) (400) Restricted fullds Grants ond dollatiODS IYA,610 (187,122) {2,512) T(YfAL vuf*DS 252 611 55 A current year 12 rnoThlhs iud prior year 12 months combined rM)sition is as follows: N¢t movemettt in furtds Transfers between funds At 31.3.24 At 1.4.22 Unresti'ieted fullds Gettcixl fund 32,6 9,032 (7.321) 34,398 Restricted lundts Graiils and donalioos 17.321) 7,321 TOTAL FUIYDS 32.687 34.398 eontiiiu¢d... BOOKS BEYOND WORDS NOTFS TO THE FINANCIAL sfATEMENTS- clbntinued ror tkne yeai. ￿drd 31 M#r¢h 2024 12. MOVEMENT IN FUNDS- continued A GU￿ent y¢ar 12 month5 and prior year 12 months combined movernenÉ in fimds, ittcjuded Èn the alx>ve arc as follows= Jn(x)ming Resources expended Movement IE) fllnds Uni'e5tricted Getlerai fund 171,400 (162.368) 9,032 Restrieted funds Grants and dotbation5 403.052 {410.373} (7,321) TOTAL FUEIDS 574 452 572 741 1.711 To meet the shortfall iTb r&5trirted incomfy a fund transfer of£4,809 (2023 - r2512) has be¢n transfeiyed from the general fund. 13. RELATED PARTY DISCLOSURES Two trustees r¢ceive41 payments relatiDg t0thelrwo￿ fonning rjfflrity strat¢gy. Profe550r K A RunswÈckQole r¢G¢ived £23012023 - £nil) relating to travel expens&5 incurted carrying out their duties. Professor Sheila the Baroness Hollins also received £132 (2023 - £101) relatiTLg lo travcl ¢xp¢llses ftir th¢ sam¢ r¢ason. Piyifessor Sbeila the Baroness Hollins made a dollation to the value of £12,000 {2023- £2,IKJO) durtng the period. J G Kelly also made a donation to the value of £180 (2023- £180) dlliiThg the peri(Ml.