2023-08-31-accounts

Community Bible Study International: Europe & MENA Registered charity number: 1193171

Charity's principle address:

Kestin House 45 Crescent Road Luton LU2 0AH

FINANCIAL STATEMENT

FOR THE YEAR ENDED

31st August 2023

Prepared by:

AMBMS Ltd

14 West Lane Great Offley Hitchin Herts. SG5 3AJ

Rev 3

Charity Trustees

Charity Trustees Date of Appointment Veronica Margaret Alvarez (Chair) 21st January 2021 Christopher Janson Hanbury 21st January 2021 lan Timothy Pounce 21st January 2021 Clive Desilver Roberts 21st January 2021 Mae Angelique Palmer 18th March 2022 Stephen Moulding 7th September 2022

Structure Governance and Management

Type of governing document: Constitution

Charity type:

Charitable Incorporated Organisation (registered 21st January 2021)

Trustee selection methods:

ln finding new trustees the current trustees consider the best methods of attracting candidates with the required skills and background. When an individual is identified the chair will undertake an initial interview progressing to a `meet/greet/chemistry” slot at the next Trustee meeting.

Objectives

Community Bible Study International Europe and MENA is a charity based in the U.K. and serving multiple countries in Europe and the Middle East and North Africa. We provide a Bible Study system using the four learning and teaching elements of writing, reading, hearing and speaking. We provide curriculum covering most books of the Bible and provide training and arrange Conferences to train leaders. Translation and development of material is ongoing.

The trustees have given regard to the guidance issued by the Charity Commission on public benefit.

Achievements and performance

This year we have provided training in multiple countries, some in person, but many via video link. We have trained up National Directors to support countries and have embarked on extensive translating work to make our material more widely available. We have maintained our online classes that were started during the pandemic. These particularly provide support for the elderly who are unable to get out and young families with children. We are introducing spoken CBS, an oral study based on storytelling for those not able to read. There have been many regional conferences taking place. There has also been translation of children's material and training of children's leaders. We have been able to support our leaders in Ukraine and we have seen a steady increase in participants in our regions.

We have been using a series of videos and accompanying workbooks translated into over forty languages explaining the Bible from beginning to end.

Financial review

The Trustees have a policy of keeping reserves equal to at least three months of annual operating costs which in turn include items that could be scaled back should the need arise.

The restricted funds relate to monies received and set aside for specific regions.

Declaration

I present these accounts as set out here as a true and accurate representation of the financial position of this charity:

Signed: Veronica Alvarez

Date: 01 / 06 / 2024

Rev 3

AMBMS Ltd

14 West Lane Great Offley Hitchin, Herts. SG5 3AJ

Telephone: [phone] Email: [e-mail]

CBSI Europe & MENA

PREPARATION OF FINANCIAL ACCOUNTS

In accordance with your instructions, I have compiled these accounts for the year ended 31 August 2023 from the accounting records and information and explanations supplied to me. A set of accounts will be prepared for submission upon your approval thereof, and upon satisfactory review from the Independent Examiner.

Signed: Alistair Miller

Date: 01 / 06 / 2024

Rev 3

Independent examiner’s report to the trustees of Community Bible Study International Europe and MENA CIO

I report to the trustees on my examination of the accounts of the Community Bible Study International Europe and Mena CIO for the year ended 31 August 2022, set out on pages 5-7.

Responsibilities and basis of report

As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW which is a listed body.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

2. the accounts do not accord with those records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed: Mark Plane

Name: Mark Plane ACA

Relevant professional qualification or membership of professional bodies (if any): ICAEW Address: Whittaker Plane Ltd, 78 Bute Street, Luton, LU1 2EY Date: 24-06-24

Community Bible Study International: Europe & MENA

Registered charity number: 1193171

Receipts and Payment account for the year ended 31st August 2023

INCOME vs EXPENDITURE

INCOME Grants - CBSI US Other Donations / Interest 1 CBSI UK Funds Transfer DIRECT EXPENSES Contract Labour Honoraria Training Additional Country Support 1 Conference Costs Printing Books Literature etc Administrative Expenses Translations Travel Expenses Food & Lodgings Miscellaneous Expenses OVERHEADS Employee Costs Professional Fees Rent Rates etc. Travel / Meetings / Staff Welfare Office Costs Banking Costs NET INCOME (EXPENDITURE)	£ £ £ Unrestricted Restricted Total 245,932 245,932 33,268 16,355 49,624 - - 279,200 16,355 295,556 57,615 57,615 792 792 20,198 20,198 4,461 12,988 17,448 25,521 25,521 10,189 10,189 4,888 4,888 3,898 3,898 40,137 40,137 13,643 13,643 32 32 181,373 12,988 194,361 57,594 57,594 10,570 10,570 2,465 2,465 10,056 10,056 16,893 16,893 2,757 2,757 100,336 - 100,336 2,508 - 3,367 859 2023	£ £ £ Unrestricted Restricted Total 136,851 136,851 17,213 56,107 73,320 34,577 10,714 45,291 188,641 66,821 255,462 47,924 47,924 1,547 1,547 15,000 15,000 - 39,530 39,530 5,210 5,210 4,631 4,631 12,238 2,944 15,182 7,792 7,792 10,266 10,266 1,715 1,715 - - 106,323 42,474 148,797 18,605 18,605 800 800 2,550 2,550 - - 3,899 3,899 1,466 1,466 27,320 - 27,320 54,998 24,347 79,345 2022

Rev 3

Community Bible Study International: Europe & MENA

Registered charity number: 1193171

Asset and Liability account for the year ended 31st August 2023

ASSETS & LIABILITIES

FIXED ASSETS CURRENT ASSETS Debtors Bank - Current Account Bank - Deposit/Cash Account CURRENT LIABILITIES Creditors PAYE & NI Pension ASSETS LESS LIABILITIES FINANCED BY: Reserves Net Income (Expenditure)	£ £ Unrestricted Restricted - - 9,369 44,273 6 34,515 4,341 3,387 229 44,832 34,515 2,508 - 3,367 2023	£ Total - 9,369 44,273 34,521 88,163 4,341 3,387 229 7,957 80,206 79,346 859 80,206	£ £ Unrestricted Restricted - - 7,209 32,546 9,573 31,147 1,129 - - 27,778 17,514 20,421 13,633 2022	£ Total - 7,209 32,546 40,720 80,475 1,129 - - 1,129 79,346 45,292 34,054 79,346

Rev 3

Community Bible Study International: Europe & MENA

Registered charity number: 1193171

Explanitory notes to the account for the year ended 31st August 2023

NOTE 1

Restricted Funds
	At YE22	Income	Expense	At YE23
	31,147	16,355	12,988	34,515
Ukraine - Antti	16,577	12,105	8,968	19,715
Egyptian School - Ashraf	-	4,000	2,017	1,983
MENA - Ashraf	6,800	250	2,003	5,047
UK - Veronica	7,770	-	-	7,770

Rev 3