PRS Patton Rainey I Stenson Limited CHPTEnEO ACCOVIITANTS A ritClflRID AVOITO#S Cbarlty Number.. 1186004 BIBLE EDUCATIONAL SERVICES TRUSTEES ANNUAL REPORT AND FINAIYCIAL STATEKENTS FOR THE YEAR ENDED 31 DECEMBER 2024 R¢girt¢red Charity Nllmber. 1186004 CHARTERED ACCOUNTANTS IRELAND Fl•glsler8d lOtJWYQUi8udlvtsk andregulaw lor a rw of kn¥JIn1brtes¥ actlvities ikniied Kiwdom by Ihe In5Ututè )IChanerwJAcCounthn1n Iréland Chartered Tax Advisers
BIBLE EDUCATIONAL SERVICES TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Page Trustees Annual Rekk)rt tndependent Examiner's Report Statement of Financial Activities Balance Sheet io Notes to the Financial Statements
BIBLE EDUCATIONAL SERVICES TRUSTEES, IINNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present Bible Educalionol Serviccs (B.E.S.) 's annual report and financial slatements, which are registered charity (number 1186004). Reference *nd admlniitrntlon details Address The registered address of the Charity is.. 37a Belmore Stree4 Enniskillen, Northem Ireland, BT74 6AA. Trust¢es The following persons are the trnstees of the charity at the date of this report and, except where staled, were Iruslees for the whole of the year ended 31 Dernber 2024.. D J Watts (Chaim)an) S A Gillham (Secretary)- resigned l June 2024 P Harknen (Secretary)- appointed l June 2024 SJE Balmer AMJHill SJPrice P Ratney J Aitkin- appointed 2 March 2024 Structurei governance and mAnagement The charity is now operating as a Charitable In¢orpordled Organisalion (CIO). It was registered with the Charity CornmissioTh on 25 October 2019 (Number.. 1186004). The Charity was previously Constituted as a Charitable Trust and was rc8i5tered with the Charity Commission (Number: 1096157). The assets of the Charitsble Tnt Vre transferred to thc CIO as of l January 2020. after the Charity Commission gave consent for this lo lake place. New t[$teeS are appointed by the tru5tee5, who keep ihe composition of the trustee body under review to ensure that it includes sufficient people with the time and expertise needed to manage the charity effeclively. In addition. the trustees consult with an advisory group comprising a number of people who are qualified to provide ad hoc advice and assistance to the trustees in several areas which are relevant to the charity's activities.
BIBLE EDUCATIONAL SERVICES TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Objectives and aetivities The principal objective of the charity is to advance the Christian faith by publishing and distributing Bible courses for children and adults. These courses are used by various Christian groups, including Postal Bibl¢ Schools, churches. other Chri8lian bodies and Schools that work with children and young people. The activities carried out by the ¢hatity to achieve this objective include: writin8 the content for several series of Bible lessons for children of all ages and adults, creatin8 a syllabus which covers much of the Bible over a period of years translating the ¢onlent into other languages lo make the lesson5 widely accessible designing the presentalion of the lessons. and including graphics which are appropriate to the different age grades and language groups for whom individual lessons are intended regular review and updating of the lessons as considered necessary publishing the lessons by arranging printing, and by including Ihem on the charity's website. from where they Can be freely downloaded www.besweb.co publishing guidance and training material, including training via an LMS system relating to the use of the courses makin8 visits in the UK and overseas to groups who use or may potentially use the courses, in order to offer advice. encourag¢m¢nt, training and accouniability. The charity aims for its activities to ensure that its courses are as widely available as possible. ultimately enhancing the Bible knowledge of all who undertak¢ the lessons. The charity does not wish for access to the cours¢s to be limited by cost. Postal Bible Schools in the developed world typically make wntributions that cover the cosi of printed lessons provided to them by the charity. However, as long as the financial resources of B.E.S. allow, the ability to pay contributions is not a prerequisite for receiving lessons. A significant percentage of our printed lessons for the majority world is donated by a Charity that collaborates with B.E.S. (see next paragraph), and all lessons available on the B.E.S. website can be downloaded freely. All training and guidance activilies are conducted at no charge. In recent years, there h&s been a growing demand for printed copies of the ¢harity's Bible resources from Christian groups in Eastern Europe, Africa, India. South Ameriw and other regions. These groups often find it challenging to afford conlribution5 towards printing ¢05ts. and B.E.S. lacks the financial resources to supply substantial quantities at its own expense. This demand 1$ being addressed by Revival Movement Association, a Christian printing publishing charity based in County Down, Northern Ir¢land. They have printed large quantities of B.E.S. lesson5 and supplied them free of charge to groups in developing countries. The trustees of B.E.S. are immensely grateful for all that Revival Movement Association is doing to help make B.E.S. Courses freely and widely accessible to those for whom cost would otherwise present a byryier. Occasionally. the printing of our resources is arranged in other cowitries where designated fjJnds have been received for ihis purpose> particularly when the quantities required are Small or when the Revival Movement Association faces shipping issues. In 2024, the Revival Movement Association printed 1.2 million booklets for BES. with an additional 1.8 million ordered for 2025.
BIBLE EDUCATIOIYAL SERVICES TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The activitie5 of B.E.S. depend heavily on the conlribulions of many individuals who freely Eive their time due to their commitmcnt lo the charity's objectives. The trnslees are immensely grateful to all their volunteers, without whom the charity could nol operate as it does. The trustees also recogni5e that most of the Christian groups using B.E.S. lessons rely on volunteers in a similar manner and appreciate the efforts of everyone involved in making the courses available so widely. During the ye&r covered by this report. the charity tN5t¢es considered the guidance issued by tILe Charity Commission regarding public benefit and are 5aÈisfied that significant public benefit has been achieved as a result of these a¢tivities. Staff Ai the end of 2024. Mrs Glenda Magee, our Resource Editor and Developer, left our employment: her contribution over the past number of years has been invaluable. The Trustees also decided to employ Mrs Alison Somerville on an initial short-tem) contract to assist in the office with distribution in the UK & Ireland. and also some editorial work. The number of staff employed on a pernianent basis is listed below, and we are greatly indebted to them for their dedicated comrnilm¢nt and the skills they bring lo the ministy of B.E.S. Angela Johnston- Opetat&ons Manager Alison Somerville- UK & Ireland distribution & editing. Stevie Wall$- International Development Manager Trustees The B.E.S. TrIe$ seek to meet quarterly and al other times when necessary. Regular reporting to the trustees continues via finance updates and via Key Perfomian¢e Indi¢ator (KPD reporting, monitoring progress concerning EdAting. Translatio Printing and Training. The current Board of Trustees are &$ follows: Allison Hill DJ Watts John Aitken Pamela Harknett Pamela Rainey Samuel Baimer Stuart Price B.E.S. are indebted to their time and expertise in advi5iDg. guiding and managing the ministry. Property The B.E.S. office is open Monday to Thursday from 8am-5pm. The staff team meet regularly in a blended forniat (Zoom l in person). The team also seek to meet together in the office once every 2 months for debriefing and prayer. Resource5 & Media- Sub-CoD¢r#etors Mr Steve McDonald is our Graphic Designer in ihe UK arnd is responsible for all the initial design and aesthetic developtnent of our resources. He also continue5 to be actively involved with the English version revision projects. &8 well as having responsibility for the regular design, updating and maintenance of our website.
BIBLE EDUCATIONAL SERVICES TRUSTEES, ANNUAL REPORT FOR THE YEAR EIYDED 31 DECEMBER 2024 Mr Tamas BoL80ki is the Inlernational Designer and is based in Hungary. He continues to work on the translation and design of the majority of our overseas study material. Miss Rebekah MullaTr is reSnSIble for the upd&ting of our social media platfomis and some media development from limc lo time. At the end of 2024, approximately 80 countries were using the Bibl¢time booklets in over 45 languages, and there were 36 ongoing translationlrevision projects. The regular revision and updttting of the English study material for both the UK and English- $akIng countries around the world continues, and this includes the updating of both the Teacher Guidelines and Teacher Lesson Plans. All of our material wi be dovmloaded from our website. thereby allowing worldwide accessibility. www.besweb.com There are also a nurnber of key volunteers who assist with the editorial work in various languages. Demand continues to grow for suppli¢s both in the UK, Ireland and overseas. Below ar¢ listed some key developments during 2024: Organisational Change5: Retirement of Trustee, Editor and Secretary to the TNsl- Stephen Gillham (June 2024). Appointment of I new Trustee (Mgnh 2024)- John Aiiken to advise on mission strategy. New roles and responsibililies allocated to current trustees. Allison Hill is responsible for Editorial, and Pam Harknett was appointed as Secretary to the Trust. Engagement of a sub-contractor to manage social media, and appointment of a new part-time statYmemb¢r on a short-term contract to managc UK & Ireland Postal Bible School C¢ntres. Product Developments: Redesign of C Series Bibletime A4 lessons in English commenced in January 2024. introducing BES & Friends characl¢rs into levels 0-3. Conlent review and reMTite of level 2. Adult resourc¢- NewLife redesigned and rewritten into Bibletime GoiDg D¢ep¢r. A. B and C Serie5 completed. BES Prornotional flyers r¢written and redesigned QR Codes. Redesign and revision of Bibletime (A4 lessons) started throughout 2024 in Croatian. Hungaria and Romanian to refiect new conteTht and the introduclion of BES ChaTrciers. In Juneljuly 2024. 6-month A4-size Bibletime booklets and Teacher Lesson Plans were designed for use in school and Sunday School to give teache greater choice and freedom when teaching Bible stories. To be introduced in December 2024 and ready for use in January 2025. Redesign of A5 Bibletime booklets Cotnrnenced with A Series. Reflects the A4 design with new confrnt and BES Characters. Teacher Lesson Plans to k used worldwide with both A4 and A5 Bibletim¢ resources- same content for e&se of editing.
BIBLE EDUCATIONAL SERVICES TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 L4nguagc DevelopmentS'. 2 new languages: Slovenian and Serbian. Completed translating the entire Bibletime syllabus into Swahili (May 2024). Dec 2024 - 1 new language.. South Korean (8pprox. cost is £1 0,000 per series). Urdu - Expanding the translation across all Icvels. rather than just focusing on level 3. BES have translated Biblcttme booklets Anto 16 of the top 20 languages. and all top 10 languages. New Countries I People Groups.. South Korea. Technology Developments: The BES Learning Management System (LMS). our digilaI ttaining plarfonn. is being well used. To date. 251 individuals have registered on the LMS. 2nd 1.391 courses have been completed. The 11 suite of training has been completed by 92 different individuals. Translation of the LMS into SparLi5h and Swahili is complete. and the video content has all been recorded in both languages. The video content for Swahili is currently being edited. Translation of French and Portuguese modules is complete, bul the video content is yet to be recorded. Bespoke training over Zoom has b¢en completed this year with 3 BES partners. New training matenal is being developed, and key training w&8 delivered to 71 delegates from 30 countries at the BES Inlemational Conference. 50 individual ZOOM meetings conducted across the world with BES inlemiediaries by Sam Balmer. Stevie Walls and Ang Johnston. (Feb_march 2024). BES website- continually bcing updated with the latest translations. 40 languages are available to doNloa¢ with Ka72kh added this year. Exp2oring online solutions for Biblelime Social media- BES joined Instagrdm. BES Facebook & Instagram pages are updated regularly with news, quotes & photos from around the world. Sunscool - A-C series of Bibletimc lessons arc now all on this App. Continually being updated to the latest versions and translated inio 18 languages. PriDtillg: New strategy adopted for overseas printin& Revival Movement printed 1.2 million booklets in 2024, printing key languages- Swabili. Amharic. Oromo. Portuguese, Romanian. Hungarian, Chichewa and Arabic. No English or French in 2024. In 2024, BES ordered over 349.000 Bibletime lessons from Hendersotk Print for children in the UK and Ireland. Demand for materiaE from controlled and integrdted Piimary Schools in Northern Ireland is steady for all Postal Bible School Centres (in 2016. there were 23 schools. In 2021. 140. There are currently 180 schools). Sunday School demand remains consistent in the UK & treland. BES Prayer Diary (2025-2027) produced online and printed, mailed in December 2024. Revival Movem¢nl. 26 orders totalling 1.8 million booklets have been placed for 2025, printing English. French and some key languages- Arabic. Kinyanvanda and Swahili. RM have agreed to ship FIcnch Bibletime directly to many Wesl African nations. including Burkina Faso. Cameroon, Benin. Guinee, Gabon. Niger. CAQ Senegal. Togo. Ivory Coast, Chad and Mati.
BIBLE EDUCATIONAL SERVICES TRUSTEES, ANNUAL REPORT FOR THF, YFAR ENI)Tr:D 31 DECVMIIKR 2024 OverseAS Vlsitj: None made du¢ to the B.E.S. Conference. B.E.S. successfully hosled its 5th Intemational Conference in Northern Ireland between May 29 and June 5. 2024, bringing together 71 volunteers from 37 countri¢5. These passionate individuals use Bibl¢tim¢ resources lo share the Gospel and mentor children and youth in over 40 languages. The conferencc provided practical training on sal¢guardiTrg laws, i¢aching t¢chniques, and the evolving landscape of children's ministry. Beyond education, it foslered en¢ouragemenl. fricndship? and fellowship within the B.E.S. community. One of Ihe most moving moments was the international evening, where delegates shared personal experiences and prayer rcquesls. gtrengthening thcir global l)ond. Another highlight was a thought- provokin8 seminar by Professor John Lennox on Al and the future of humanity, sparking deep discussions on faith and technology with over 500 attend¢es. With a full schedule of seminars and discussions. the Conference left a lasting impa¢t, equipping volunteers with new strat¢gies, renewed possi0 and valuabl¢ ¢onn¢ctions. Delegates expressed overwhelming appreciation. fecling inspired 2nd Teyi(alized to continue iheir mission. The event successfully strengthened the B.E.S. ¢ommunity and empowered volunteers to make a meaningfvl difference in their countries. Other Projects I PartDershipJ: 5-year Strategy Planning- October 2024 with all Trustees. staff, sub-¢oTrtractors. New Partnership with Fields of Life- in Ugand& and Rwanda. Promotlon•l Opportuni¢ieJ: During 2024, Mr Samuel Balmer, Mr Sievi¢ Walls and Mr Stephen Gillham had numerous Zooms and in-person d¢pu¢ations with churches to shar¢ what has been happcning across the world with B.E.S. It has been ¢n¢ouraging to see the in¢r¢ase in demand for Bibletime lessons during 2024. particularly from th¢ UK. "Prdyers and Praise - BES News from Around the World" was produced and distributed both online and via a mailout in Spring 2024. MtseellAneous Revival Movement Association (Iniernational printing) had printed and shippcd ovcr 1.2 million booklets for us by th¢ end of 2024. We are extremely gratefvl for our ongoing partnership with Revival Movement. Due to the restrictions on printin8 in Revival Movement and smaller quantities r¢quired by some international p8rtners, severnl countries printed in•country. including Romania, Myarmar, the Middle Ea51 and India. Various sub-¢ommittees met during the year to manage the high demand in many areas of the work within B.E.S. (R¢source Comniittee, International Sub- ommittee and Training Committee).
BIBLE EDUCATIONAL SERVICES TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 FinaDeiAI Review The incomc of thc charity aris¢s principally from two sources. Contributions are made by Postal Bible Schools in ihe UK llnd Ireland for the cost of prinlcd lessons supplied to them. the income is reasonably prediclable. The remainder of the iiicome is made up largely of donations from supporters of the charity {oili¢r charities. churches and individuals). this is les5 predictable. and more liable to fluctuate, and now represents mosl ofthe income each year. B.E.S. is extremely gratcful to its wide range of supportera for providing the finance, which allows the work lo grow. Total Income decreased by £72.029 from £384,558 to £312,529. This was due lo funds being ceIVed for thc conference during 2023. We continu¢ to receive lar8¢ one-off donations from churches. individuals and ttusts. Expenses increased by £96,272 from £323.408 to £419.680 in the year ended 31 December 2024. This was due to the Cost of the International confenCe. Wherever possible, the trustees avoid cntcring into substantial long-lcrn financial commithients, and ihey undertake activities each year funds allow (particularly in the area of overseas support and development). The charity continues to explore opportunities to widen the supporter bas¢. producing newsletters and other material, and conducting deputation meetings, to make supporters and potential supporters aware of the charity's work. It is hoped thai these a¢tions will in¢rease prayer support and financial support. and also encouragc new volunl¢ers to becom¢ involved in the work of thc charity. Th¢ accounts do not reflt thc bcncfit of Support for the charity. which is provided by unpaid volunteers, nor by supporting organisation5 which make otTice facilities available- nor do the accounts reflect the value of lessons printed by Revival Movement Association. a5 th¢5¢ supplied directly lo overseas Postal Bible S¢hools and other Christian groups. The clwity is Brateful for 811 such support. Charity law requires the trusl¢e5 to prepare finan¢ial sthtements for ¢aeh financial year, which give a true and fair view ofthe slatc of affairs of the charity and of the SUTplus or deficit of the Charity for that period. In pr¢paTing these financial statements, the trustees are required to: Select Suitable accounting policie5 and then apply them consistently. Make judgements and estimates that are reasonable and prudent. Prepare the financial statements on an ongoing basis unles5 It is inappropriate lo presume that the charity will continue in busine53. The Trustees are responsible for keeping proper aceounting records, which disclose with reasonable ac¢urdCy at any time the finan¢iai position of the charity. They arc also responsible for safeguardin8 the assets of the charity and hence for tsking reasonabl¢ steps for the prevention and detection of fraud and other irregularities. Approved by the tSleeS on the date shown below and signed on their behalf by: S J Balmer, Trustee 17 September 2025
PRS Patton Rainey Stenson Limited CHAP7EfvED ACCOVNTANTS & REG15TEPED AUDITORS Report of the independent examiner to the trustees of Bible Educational Services (charity number 1096157) in rpect of an exAmination carried out on the Financial Statements for the yeAr ended 31 December 2024 I report to the tnL8tees on my exarnillation of the financial statements of the above charity for the year ended 31 D¢cember 2024. set out Oll PBge3 8 to 12. Responsibllirfes basis of report As the ChIty'S ttwtees> yoil are responsible for the preparatiott of the ftnttnc1 statements in &CrdanCe the requirements of the Charities Act 2011 Cttbe Act). I report in respect of my ¢xamination of the Trust's finallci81 statements carxied out under section 145 of the 2011 Act and in catrying out my cxa1ninati0 I havc followed all the applicable Directions given by the ChaJity Commission under section 145(5)(b) of the Act. Independent eJaminer'J statement The chaTity's gross income exceeded £250,000 and I an) qualifi¢d to undertake the examination by being a qualified member of Th¢ Institute of Chartered Ac¢ountsits in Ireland. I have Complet my examination. I confimi tbat no material mattets have com¢ to my attention in conne¢tion with the exatnination which gtves m¢ cause to believe that 14 ally material respect." the accounting records w¢re not kept in a¢cordao¢e with section 130 of th¢ Chariti¢s Act" or the financial statements did not accord with the a¢counting records. or the financial statements did not comply with the applicable requirements collcerning the forni 8nd content of financial statements set out in the Charities (Financial Statements and Reports) Regulations 2008 otber thaD 0Y rquirement that the financial statements give a 'tru¢ and faiI' view which is not a matter Coldered as part of an independent exaTnination. I have no wncerns and have come a¢ross no other tte[S in ¢ODnectiort with the examination to which attention should b¢ drawn in this report it) order to enable a proper uud¢rstandin8 of the financial statements to be reached. Signed: Date- 17 September 2025 Stephanie Stenson FCA (Chartered Accountaryts in Ireland) Patton Rainey Stenson Limited Chartered Accountants 6 Fast Bridge Street Enniskillen Co. Fem]anagh BT74 7BT CHARTERED ACCOUNTANTS IRELAND Rpgi4ereoTo¢airyoutwdrtWth Ctibil¥1n Km9dorn bythe In ulaied tor aIÈngè4n¥eSIThnl bj855 tiluleolcharteA¢wvfikn1y1n Iiol Chartered Tax Advisers
BIBLE EDUCATIONAL SERVICES STATEMENT OF Fif4ANCIAL ACTIVITIEI S FOR TIIE YEAR ENDLD 31 DECEMBLK 2024 Unwtricted Restrieted Funds Funds Totg12024 'rotAI 2023 Note Ineoming Re.qource Individual Gifts Church Gifts Trust Gifts Ixgacies Other Collective Gifts Gift Aid Contributions for printed leonS Interest Received Investment Income 38.201 20,201 118,500 215 1,200 5.466 54,776 335 15,405 14,331 42,551 53,606 34,532 161.051 215 1,200 5,466 54,776 335 57.446 45.886 208.039 5.000 6.398 5.731 54,728 Total Incoming Rtsour¢es Resources Expended Graphic design costs OlCe costs Staff salaries Property costs Postage, Stationery & miscellaneous Printing costs Worldwide support and development Travel & Training Trdn51ation Conference Printing, Storage & Transport Nominated Workers 26,847 26,847 46,533 73,260 10,976 14,051 71.233 73.260 10.976 14,051 71.233 69.701 9,874 9.551 70,328 22,430 28,621 20,274 33.609 22,430 29.721 98,065 33.609 19,315 13.435 2,421 44.864 77,791 Total Resources Expended Net Movement in Funds (62,087) (45,064) (107,151) 61,150 Net Gainl(Loss) on Investment 1,095 1,095 4,078 Tolal Funds brought fonvard 217 948 Total Funds Carried fotward
BIBLE EDUCATIONAL SERVICES BALANCE SHEET AS AT 31 DECEMBER 2024 ReJtricted Income Funds Unrejtrlcted Funds Total 2024 Total 2023 Note Short tern] inve5tments- COIF Shar&8 Bank Balances 49,556 49.556 48.461 169487 Total Current As$¢ts Funds of the Charity Unrestricted funds- General Unrestricted funds- Conference FuDd Restricted income funds 90,672 6.000 90.672 6,000 104,768 52.897 Approved by the Trustees on the date shown below and sI¢d on their behalf by: S J Balmer. Tnlee Dat¢: 17 September 2025 io
BIBLE EDUCATIONAL SERVICES NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 l. Statemcnt of Compliance Thes¢ financial statcincnls havc been prephred in compliance with FRS 102, 'The Financial Rep)rting Standard applicttble in the UK and the Republic of Ireland., the Staiement of Recommended Practicc applicable to eharilies preparing Iheir financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (Charitie5 SORP FRS 102) and the Charities Act 2011. 2. Accounting Policies The financtal Siaiemcnls have been prepared on the historical cost basis, as modified by the revaluation of investments measured at fair value Ihrough income and expenditure. Ineomin Resources Recognition of IDcomlDg ReJour¢eJ These arc included in the Sthiement of FinAn¢ial Activities (SOFA) when.. the charity becomes entitled to the resources. the trustecs are virtually certain they will receive the resources. and the monetary value can be measured with sufficient reliability. Ineoming Re$ourceJ with Relat¢d Expenditure Where incoming resources have relaled expenditure ihe incoming resources and related expenditure are reported gross in the SOFA. Grants And Donations Grants and donations gre only included in the SOFA when the charity has unconditional entitlement to the resources. Tax Reclaims on Donation$ and Glfts tncoming resources from tax claImS are in¢luded in the SOFA when Teccived. Volunteer Help The value of any voluntary hclp received is not includ¢d in the fmancial statements but is described the truste¢s' annual report. IDvestment Ineome This is included in the financial statements when receivable.
BIBLE EDUCATIOIY AL SERVICES NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 Inv¢stment GinJ nd LoJyeJ This includes any gain or10$5 on the Sale of investments and any gain or105s sUlting from revaluing investments to market value al the end of the year. enditure and Liabilities Liability Recognition Liabilities are recognised as soon as there is a Segal or ¢onstructive obligation committing the charity to pay out resources. GoverDgDce Costs Include costs of the prepared and examination of statutory financial statements. the costs of trustee meetings 8nd cost of any legal advice lo truslees on governance or conslilutional matters. Fund Aeeountlng The Charity has no Endownent Fund5. Restricted Funds arise from revenue donations where donors have specified the use to which the donaied funds should bc put (within thc objects of the charity) and arc held within cash funds. Unrestricted Funds are income funds which are to be spent for the Charity's general purposes. The designated fimd is part of general funds set aside by the Trust¢¢s for the Conference Fund. Going Concern There are no material uncertainties about the Charity's ability to continue th¢ forcseeable futur¢. a period of at least 12 months from the date of signing the financial statements. 3. Unrestricted and Restricted Funds Movement of major fundg Fund Balances at Incoming Outgoing 01101124 resources resources Fund Balanees at 31112r24 Gains and losses Transfers Unrestri¢led Funds General 104.768 52 - Conference Fund 97 157.665 240,242 (243,432) (12,000) 1,095 90,673 00 96,673 240.242 (302,329) 117351 1,095 Restricted Fund Total Funds 12
BIBLE EDUCATIONAL SF.RVICES NOTES TO THF. FINANCIAL STATF.MF.NTS YEAR ENDF.D 31 DF.CEMIIF.R 2024 4. Related Party Transactions Thc Charity rcccivcd donations during the year from one of its sponsors. £20,000 of th¢se donations wcre specifically StrIcted by the donor, to be used and allocatcd to another trust (2023: £18,000). These funds have been Shown as a Restricted Income and a Restricted Resource expended. The following payments were made to Trustees relating lo the reimburscment of travel and other exp¢nses:_ 2024 2023 S J E Balmer DJWatts P Harknett S Watts A Johnsion 115 75 620 1,219 219 430 5. Fees for Examination of the Financial Slatements 2024 2023 Independent examiner's fees for iheir services 6. Paid Employees 2024 2023 6.1 Staff eosts Gross wages, salaries and benefits in kind Pension cosis 71,749 68,329 Total staff costs 6.2. Average number of full-time equivalent employees in the year The parts of the charity in which the employees work Charithble Aclivities No employee received employee benefits of more than £60.000 during the year {2023-. Nil). 13