**Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the trustees/** Charity Name **members of** Open the Bible (UK) **On accounts for the year** 31/03/2023 **Charity no** 1198923 **ended (if any) Set out on pages** 1-12 (remember to include the page numbers of additional sheets) - I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31 / 03 / 2023** . - **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** 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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. **Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. * _Please delete the words in the brackets if they do not apply._ **Date:** 24/02/2024 **Signed: Name:** Greville Parmenter **Relevant professional qualification(s) or body (if any): Address:** 86 Okus Road, Swindon, SN1 4JP 1 **October 2018** **IER** **Section B Disclosure** Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . 2 **October 2018** **IER** ||**Charity Name**
**Open the Bible(UK)**|**Charity Name**
**Open the Bible(UK)**|**Charity Name**
**Open the Bible(UK)**|**No (if any)**
**1198923**|**No (if any)**
**1198923**|**No (if any)**
**1198923**|**CC16a**| |---|---|---|---|---|---|---|---| ||**For the period**
**from**|Period start date
11.05.2022|**To**||Period end date
31.03.2023||| ||||||||| |**Section A Receipts and payments**|||||||| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**90,280**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**90,280**
**-**
**-**
**-**
**90,280**
**2,534**
**6,526**
**2,623**
**32,733**
**-**
**-**
**-**
**-**
**-**
**44,416**
**2,479**
**-**
**2,479**
**46,895**
**43,386**
**-**
**-**
**43,386**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**Total funds**
**to the nearest £**
**90,280**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**90,280**
**-**
**-**
**-**
**90,280**
**2,534**
**6,526**
**2,623**
**32,733**
**-**
**-**
**-**
**-**
**-**
**44,416**
**2,479**
**-**
**2,479**
**46,895**

**43,386**||**Last year**
**to the nearest £**| ||**90,280**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**90,280**||||||**-**| ||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||| ||**-**||||||| ||**-**||||||**-**| |**_Sub total_**|**-**||||||**-**| |**_Total receipts_**
**A3 Payments**|||||||| ||||||||**-**| ||||||||| |
Governance|**2,534**||||||**-**| |Ministry|**6,526**||||||**-**| |Office Costs|**2,623**||||||**-**| |Staff|**32,733**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| |**_Sub total_ **|**44,416**||||||**-**| ||||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||||| |
IT equipment|**2,479**||||||| ||**-**||||||| |**_Sub total_ **|**2,479**||||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||| ||||||||**-**| ||||||||| ||**43,386**|**-**|**-**||
**43,386**||**-**| ||**-**|**-**|**-**||**-**||**-**| ||**-**|**-**|**-**||**-**||**-**| ||**43,386**|**-**|**-**||**43,386**||**-**| CCXX R1 accounts (SS) 01/03/2024 1 Section B Statement of assets and liabilities at the end of the period Unre$tri¢ted lund$ to nearest £ Restricted funds to n¥rgstE Endowment funds to nearest C 81 Cash funds CAF account M035415 43.386 rotal cash funds 43,3B6 lllgTee balance% dihrLwthsand Unrestrlcted funds lo nearesi E Restricted fLFnd6 to nearest £ Endgwment funds to ngaro$1 E B2 Other mon8tary ass•ts Fund to which as5eE belon Currènt v¥lug O tional B3 Investment ass•ts Fund io whlch ssot belon eost lopuonall Currèrtl Value O tsyn81 B4 Assèts ratained for the charity's own use Fund to whlch relat48 Amount dv¢ When due ional 85 Liabilities SigrTreO by on* or Iwo Irusl£es On behalf of all the Irusiees Signature Print Name Dale ol roval Keith Bruce hA¢K2 2g 02 2024 El￿abeth AnnÈtte Smyth 29.02.2024 CCXX R2 a¢coun15 ISSI D110312024 ## **Trustees’ Annual Report for the period** **From 11.05.2022 Period start date To 31.03.2023 Period end date** **Charity name: Open the Bible (UK)** **Charity registration number: 1198923** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The purposes of the CIO are to advance the
Christian faith for the benefit of the public in
accordance with the Basis of Faith in
particular, but not exclusively, by providing:
resources which enable Christian believers
to engage with the biblical texts for
themselves and to share confidently the
original message of the Bible with others;
support and training resources for church
leaders to equip their own congregations to
study and share the Bible;
events and partnerships with churches,
where appropriate.
Nothing in the Constitution shall authorise an
application of the property of the CIO for
purposes which are not charitable in
accordance with any statutory provision
regarding the meaning of the word
"charitable" or the words "charitable
purposes" in force in any part of the United
Kingdom| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|The key activity, and the largest financial
outlay, for the first eleven months of the
CIO’s existence was the selection and
appointment of a CEO to spearhead this
new ministry. John Martin was appointed
from 1 November 2022.
Other significant activities were the opening
of a bank account, creation of a website,
negotiations with radio broadcasting
stations, other means of publicity and the
equipping of an office.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|Advice on public benefit was sought from
Edward Connor Solicitors by the trustees as
part of the application process to register as
a CIO. All trustees have since been directed
to the CC website’s area covering guidance
regarding public benefit.| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|Main achievements in the first eleven
months are:
-
Appointment of first staff member, CEO
-
Setting up of website and development
of a suite of resources for the benefit of
individuals, churches and church leaders
-
Production of our first printed resource
-
Development of radio ministry
Positive feedback has been received via the
website and radio ministry, some written
examples:
_Thank you for Blessing the Church with your_
_continual strong messages._
_I greatly value and enjoy Pastor Colin_
_Smith's broadcasts._
_My heart is blessed every evening as I drive_
_to work and listen to Pastor Colin._
_Pastor Colin's daily message has been an_
_immense support through my recent anxiety_
_and consequent angina attack._
_I've been so richly blessed by Pastor Colin's_
_teaching over these last few years, whilst_
_struggling with an awful anxiety disorder...my_
_morning "date" with OTB truly sets my spirit_
_soaring._| **Additional information (optional)** You may choose to include further statements where relevant about: Achievements against Para 1.41 |objectives set||| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|In the first eleven months since the
registration of Open the Bible (UK) as a new
CIO, income was £90,280 and expenditure
£46,895.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|At a meeting of the trustees on 7 February
2023, it was agreed to maintain reserves of
a minimum of three months expenditure.
Since the charity is still in its formative stage
this figure is reviewed monthly as both
known and anticipated liabilities become
clearer and as we seek to widen our donor
base. In particular trustees are mindful of
the need to safeguard the ongoing
employment of staff and to ensure that there
are sufficient funds to further our activities in
order to develop and maintain the charity’s
objectives.| |Amount of reserves held|Para 1.22|£43,385.| |Reasons for holding zero
reserves|Para 1.22|Not applicable, reserves are not at zero.| |Details of fund materially in
deficit|Para 1.24|Not applicable, no fund is in deficit.| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|Not applicable, there are no such
uncertainties or concerns.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|CIO Foundation Constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|New trustees are selected by existing
trustees, having regard to the skills,
knowledge and experience needed for the
effective administration of the CIO, and are
appointed for a term of three years by a
resolution passed at a properly convened
meeting of the charity trustees. Trustees are
eligible for reappointment for up to two
further three year terms by majority decision
of the remaining charity trustees, after which
the trustee must vacate office for at least
one year.
Appointment of a trustee to any particular
post is by majority decision of the rest of the
trustees.| |**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:| |---|---|---| |Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|Open the Bible (UK)| |---|---| |Other name the charity uses|| |Registered charity number|1198923| |Charity’s principal address|43 Shelleycotes Road
Brixworth
Northampton
NN6 9NE| |---|---| ||| **Names of the charity trustees who manage the charity** |1
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3
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||John Aiello||11.05.2022-31.03.2023|Existingtrustees| ||Mariette D’Castro||11.05.2022-31.03.2023|Existingtrustees| ||Keith McKay||11.05.2022-31.03.2023|Existingtrustees| ||BeverleySavage||11.05.2022-31.03.2023|Existingtrustees| ||Colin Smith||11.05.2022-31.03.2023|Existingtrustees| ||Elizabeth Smyth||11.05.2022-31.03.2023|Existingtrustees| ||PhilipWalter|Chair|11.05.2022-31.03.2023|Existingtrustees| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved **Director name** N/A Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |N/A||| |||| |||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** ## **Name of chief executive or names of senior staff members (Optional information)** John Martin (CEO wef 01.11.2022) ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity'$ trustees Signaturels) Full name(s) Keith Bruce MeKay Position {eg Secretary,.Trustee Chair, et¢).. EIEabelh Annette srn￿h Twstee Date 29.02.2024