TWiQ Publishing
Trustees’ Annual Report – 31[st] March 2025
Overview
This year has marked a significant milestone for TWiQ, with the completion and publication of the full five-volume series of Mark Bible studies. The publication of this complete set represents the fulfilment of a key strategic objective and provides a strong foundation for future teaching and publishing activity.
Publishing and Launch Activity
A successful public launch of the series took place at the annual Lay Ministry event hosted by Chelmsford Diocese. The event provided valuable engagement with ministry leaders and study groups, and helped establish wider awareness of the materials.
Book sales have now commenced through both the TWiQ website and direct sales by the author at events, providing multiple channels for distribution and engagement.
Strategic Direction
TWiQ has maintained a clear and deliberate strategy of focusing primarily on establishing and delivering the Mark studies before expanding the publishing programme. This approach ensures quality, consistency, and strong foundations for future growth.
While the immediate focus remains on the Mark series, permission has already been secured from several authors to publish additional works at the appropriate time, enabling future expansion when operationally and financially viable.
To support this strategy, the TWiQ website has been streamlined to place greater emphasis on the Mark studies and to improve clarity for users seeking these resources.
Educational Testing and Development
Published material continues to be tested and assessed through delivery to various groups of students. This ongoing engagement enables real-world evaluation of the studies, supports continuous improvement, and ensures that resources remain practical, accessible, and relevant to learners.
Financial Approach and Sustainability
The charity continues to operate under a prudent financial strategy whereby new projects are initiated only when sufficient funds have already been raised. This model supports responsible stewardship and reduces financial risk.
In line with this approach, published materials are also sold directly by the author at a subsidised price, with support from charity funding. This enables a consistent pricing model across all five volumes while keeping resources accessible to learners.
Digital Development and Innovation
The TWiQ App for Theological Reflection continues to receive regular downloads via the Apple Store. A wider promotional programme is planned once funding has been secured for the development of an Android version, which will broaden accessibility and reach.
In addition, image recognition technology within the illumiBook app has introduced a new method of bringing published materials to life. This feature has been successfully deployed and demonstrated publicly, supported by ongoing social media campaigns, and represents an innovative step in enhancing user engagement with theological resources.
Looking Ahead
With the completion of the Mark study series, TWiQ enters the next phase of its development with a clear platform for growth. The charity remains committed to responsible financial governance, careful scaling of activity, and the continued delivery of high-quality theological resources that support learning and reflection.
G. Gibson Chair of Trustees
TWIQ Publishing Trustèès, Annual Report- 31 sl March 2025
| TWiQ P | ublis~~hi~~ for year |
~~n~~g - income and e~~x~~ ending 31st March 2025 |
~~p~~enditure | ||||||||||||||||
| income | outgoin | gs | Balance | bank statement |
|||||||||||||||
| bank at start of month |
Date | Description | Description | Infra- structure |
Running Costs |
Projects | subtotal | chq no. | |||||||||||
| TWiQ Website |
Print & Publish |
||||||||||||||||||
| Open | ing Balance | 347.44 | |||||||||||||||||
| Q1 | Apr-24 | 347.44 | 02-Apr-24 | 50.00 | Donation | ||||||||||||||
| 30-Apr-24 | 0.65 | Bank(Gross) Int | |||||||||||||||||
| 01-May-24 | 50.00 | Donation | |||||||||||||||||
| 100.65 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 448.09 | 015 | |||||||||||
| May-24 | 448.09 | 02-May-24 | Website Dev(NextNorth) pt 2 of 2 | 150.00 | |||||||||||||||
| 0.51 | Bank(Gross) Int | ||||||||||||||||||
| 0.51 | 0.00 | 0.00 | 150.00 | 0.00 | 0.00 | 150.00 | 298.60 | 016 | |||||||||||
| Jun-24 | 298.60 | 03-Jun-24 | 50.00 | Donation | |||||||||||||||
| 28-Jun-24 | 0.57 | Bank(Gross) Int | |||||||||||||||||
| 01-Jul-24 | 50.00 | Donation | |||||||||||||||||
| 100.57 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 399.17 | 017 | |||||||||||
| Q2 | Jul-24 | 399.17 | 31-Jul-24 | 0.68 | Bank(Gross) Int | ||||||||||||||
| 01-Aug-24 | 50.00 | Donation | |||||||||||||||||
| 50.68 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 449.85 | 018 | |||||||||||
| Aug-24 | 449.85 | 21-Aug-24 | Mixam - Mark book 2(x25) 24-Jul | 108.89 | |||||||||||||||
| 21-Aug-24 | Amazon - Mark book 1(x1) 26-Jul | 11.99 | |||||||||||||||||
| 21-Aug-24 | Grammarly (3 month subsc) 30-Jul | 51.00 | |||||||||||||||||
| 21-Aug-24 | British Library postage (3 books) 5-Aug | 5.09 | |||||||||||||||||
| 21-Aug-24 | Mixam - Mark book 4(x10) 10-Aug | 40.29 | 019 | ||||||||||||||||
| 30-Aug-24 | 0.56 | Bank(Gross) Int | |||||||||||||||||
| Donation | |||||||||||||||||||
| 0.56 | 0.00 | 0.00 | 0.00 | 217.26 | 0.00 | 217.26 | 233.15 | ||||||||||||
| Sep-24 | 233.15 | 02-Sep-24 | 50.00 | Donation | |||||||||||||||
| 20-Sep-24 | Mixam - Mark book 4(x20) 13-Sep | 57.46 | |||||||||||||||||
| 30-Sep-24 | 0.37 | Bank(Gross) Int | 020 | ||||||||||||||||
| 01-Oct-24 | 50.00 | Donation | |||||||||||||||||
| 100.37 | 0.00 | 0.00 | 0.00 | 57.46 | 0.00 | 57.46 | 276.06 | ||||||||||||
| Q3 | Oct-24 | 276.06 | 14-Oct-24 | 165.00 | Book sales(costprice) | ||||||||||||||
| 25-Oct-24 | 30.00 | Book sales (cost price) | |||||||||||||||||
| 31-Oct-24 | 0.56 | Bank(Gross) Int | 021 | ||||||||||||||||
| 01-Nov-24 | 50.00 | Donation | |||||||||||||||||
| 245.56 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 521.62 | ||||||||||||
| Nov-24 | 521.62 | 04-Nov-24 | 10.00 | Book sales(costprice) | |||||||||||||||
| 06-Nov-24 | 10.00 | Book sales(costprice) | |||||||||||||||||
| 13-Nov-24 | 1,000.00 | Donation | (G.Paxton - eligiblefor Gift Aid) | ||||||||||||||||
| 15-Nov-24 | 100 envelopes for Mark Books | 21.72 | 022 | ||||||||||||||||
| 15-Nov-24 | Postage to HMRCfor GiftAid docs | 5.30 | |||||||||||||||||
| 25-Nov-24 | 25.00 | Book sales(costprice) | |||||||||||||||||
| 29-Nov-24 | 1.42 | Bank(Gross) Int | |||||||||||||||||
| 1,046.42 | 0.00 | 5.30 | 0.00 | 21.72 | 0.00 | 27.02 | 1,541.02 | ||||||||||||
| Dec-24 | 1,541.02 | 02-Dec-24 | 50.00 | Donation | |||||||||||||||
| 10-Dec-24 | 1,000.00 | Donation | (E.Paxton - CAF - not eligiblefor GA) | 023 | |||||||||||||||
| 31-Dec-24 | 2.93 | Bank(Gross) Int | |||||||||||||||||
| 1,052.93 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2,593.95 | ||||||||||||
| Q4 | Jan-25 | 2,593.95 | 02-Jan-25 | 50.00 | Donation | ||||||||||||||
| 31-Jan-25 | 3.37 | Bank(Gross) Int | 024 | ||||||||||||||||
| 53.37 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2,647.32 | ||||||||||||
| Feb-25 | 2,647.32 | 03-Feb-25 | 50.00 | Donation | |||||||||||||||
| 28-Feb-25 | 2.69 | Bank(Gross) Int | 025 | ||||||||||||||||
| 52.69 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2,700.01 | ||||||||||||
| Mar-25 | 2,700.01 | 03-Mar-25 | 50.00 | Donation | |||||||||||||||
| 31-Mar-25 | 2.92 | Bank(Gross) Int | 026 | ||||||||||||||||
| 01-Apr-25 | 50.00 | Donation | |||||||||||||||||
| 102.92 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2,802.93 | ||||||||||||
| book sales | 240.00 | Projects | Run | ning Costs | |||||||||||||||
| rebates and interest | 17.23 | website | Publish &print | ||||||||||||||||
| grants and donations | 2,650.00 | 150.00 | 296.44 | 5.30 | |||||||||||||||
| signed by chairman: | |||||||||||||||||||
| /Users/garrypaxton/Dropbox/ | shr - TWiQ/2) A | ccounts(inc V | irgin)/2024-25/Charity Accounts 2024-25(v5) |