**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
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## **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
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## **AMBMS Ltd**
14 West Lane Great Offley Hitchin, Herts. SG5 3AJ
Telephone: 07831 510878 Email: enquiries@ambms.co.uk
## 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
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## **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|
|---|---|---|
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## **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|
|---|---|---|---|---|
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## **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|
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