2022-03-31-accounts

2021						SURPLUS/
				INCOME	EXPENDITURE	DEFICIT
7	Rental Income			17,369	13,031	4,338
-29	1 Azure Court			37,819	1,052	36,767
2	Membership			1,168		1,168
4	Donations			7,011		7,011
	Bank Interest			0		0
26	Other Receipts			1,093		1,093
-3	Covenant Nations			6,331	11,517	-5,246
	Summer Convention
	Congress
-150	Administration	See Note	1		137,315	-137,315
-143				70,791	162,915	-92,124

					TH	E	BRITISH-ISRAE	BRITISH-ISRAE	BRITISH-ISRAE	L-WORLD FEDERATION
2021							BALANCE SHEET			AS AT 31' MARCH, 2022
000's	FIXED ASSETS
	Fixtures,	Fittings and		Equipment				at cost		157,173
	Less Sales in Year
	Additions	in Year								271
	Less Depreciation									146,377	11,067
	121 Low	Etherley									351,160
	1 Azure	Court									1,259,155
	227 Newgate Street										96,606
	5 Bede Street										138,920
	18Simpson Road										85,806
	CURRENT ASSETS
	Investments Unquoted				See		Note 2			11,100
	Property	Investment		at Cost						849,771
	Cash at	Bank
	Current accounts									5,241
	Cash in	Hand								684
	M Clark	- Presidential			Float					1,000
	Kingdom	Foundation								530
	National	Bible College			Account					3,170
	Prepayments									2,837
	Debtors									145
											874,478
											2,817,192
	LESSCURRENT LIABILITIES
	Creditors	due within	1		year
		PAYE							449
		Creditors
		Accruals							5,249
		Pension							318
		Accounts							3720		9,736
	Members	Loans									1,154,670
											6,000
1,742											1,646,786
	REPRESENTED BY
	General	fund								1,378,465
	To general reserve		in	year						-92,124
											1,286,341
	Special Funds Unrestricted						See Note		3		45,704
	Special Funds Restricted					See Note 3					314,741
1,742											1,646,786
President.								.Dated	1000 January	2023
Deputy	President . .	.~. .~.. . . . . . . .						. .Dated	10" January	2023

Note 1	Note 1	Note 1	Note 1
ADMINISTRATION
2021
000's
2			Audit								2,095
1			Legal, Professional			and	Management				220
0			Field Expenses
53			Staff Salaries		and Pensions						51,961
			Shortfall on	staff salaries			re:Nest Pension				2,008
59			Interest on	Members		Loans					51,850
12			Office Expenses								10,861
			Sundry Expenses
13			Printing, Stationery,			Postage 8 Telephone					8,773
3			Repairs and Maintenance								4,726
1			Bank Charges								491
1			IT Support	and website costs							608
5			Depreciation								3,689
			Donations								33
150											137,315
Note 2
Investments		Unquoted
1,000 shares			in Market Street Developments					Ltd		1,000
10,000 shares			in Covenant		Publishing		Co. Ltd.			10,000
80 shares	in	Eli press Ltd								100
Note 3
Special Funds
									Balance
									31/03/2021	Income	Expenditure	Balance
RESTRICTED FUND
The National			Bible College						314,616	175	50	314,741
(charity no 211471)
DESIGNATED FUN DS
Benevolent		Fund							1,288			1,288
Youth Action									304			304
W E Filmer									6,257			6,257
Christian	Prophetic Witness								35,433		3,000	32,433
Kingdom	Foundation								6,371	55	1,004	5,422
									364,269	230	4,054	360,445

		National Bible	Colic e
Charit	No	211471	Cost	121 Low Etherley	351,160
			Cash	at Bank	3,170
					354,330
			Fund		314,741
			Loan	from BIWF	39,589
					354,330

The Covenant Publishin C	om an	Ltd
Balance Sheet 31"March	2022
				31.3.22	31.3.21
		Notes	F	E	F	F
FIXEDASSETS
Tangible assets				659		878
CURRENT ASSETS
Stocks			22,492		22,974
Debtors			6,484			211
Cash at bank and in hand			10067		15	189
			39,043		38,374
CREDITORS
Amounts falling due within	one year		2,075		2,664
NET CURRENT ASSETS				36968		35710
TOTAL ASSETS LESS CURRENT		LIABILITIES		37627		36 588
CAP ITAL AND RESERVES
Called up share capital				10,000		10,000
Profit and loss account				27 627		26 588
SHAREHOLDERS' FUNDS				37627		36 588

			31.3.22	31.3.21
6.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
Trade	debtors		15	60
Other	debtors		469	151
			484	211
Amounts falling due after more			than one year. 6000
7.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
Trade	creditors		101	7
Other	creditors		1 974	2 657
			2 075	2 664

		31.3.22	31.3.21
Turnover
Book sales		18,252	19,613
Donations		1,748	332
Printing Sales		4,144	5,426
		24,144	25,371
Cost ofsales
Opening stock		22,974	26,168
Purchases		3,968	1,368
Printing Purchases		6,346	8,490
		33,288	36,026
Closing stock		~22 492	~22 974
		10796	13052
GROSS PROFIT		13,348	12,319
Other Income
Government	grants		2 588
		13,348	14,907
Expenditure
Salaries		5,688	5,805
Pensions		171	171
Telephone		69	877
Postage		2,597	2,769
Stationery 8	packaging	1,213	1,196
Advertising 8	printing	267	310
Equipment Repairs 8 Servicing
Computer and internet			22
Sundry office	expenses	13	13
Bad Debts
Legal 8 accountancy		570	536
		10588	11 699
		2,760	3,208
Finance costs
Bank charges		848	953
Credit Card 8 Commissions		654	632
		1 502	1 585
		1,258	1,623
Depreciation
Depn of equipment		219	293
NET PROFIT/ (LOSS)		1 039	1 330

Eli Press Ltd
Balance Sheet 31"March	2022
			31.3.22		31.3.21
		Notes
FIXEDASSETS
Tangible Assets				48	64
CURRENT ASSETS
Stocks			420
Cash at bank and in hand			1 584		1 964
			2,004		1,964
CREDITORS
Amounts falling due within	one year	6	240		240
NET CURRENT ASSETS/(LIABILITIES )			1	764	1 724
TOTAL ASSETS LESSCURRENT		LIABILITIES	1	812	1 788
CAPITAL AND RESERVES
Called up share capital				80	80
Profit and loss account			1	732	1 708
SHAREHOLDERS' FUNDS			1	812	1 788

The operating loss (2020 —operating loss) is state	d after charging:
	31.3.22	31.3.21
Depreciation —owned assets	16	22
TANGIBLE FIXEDASSETS
	Office Equipment
COST
Additions	650
At 31' March 2022	650
DEPRECIATION
At 1 April 2021	586
Charge for year	16
At 31' March 2021	602
NET BOOK VALUE
At 31' March 2022	48
At 31' March 2021	64
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	31.3.22	31.3.21
Other creditors	240	240
	240	240

Tradin and Profit and Loss Account	for the Year Ended 31"March 2022
	31.3.22	31.3.21
Sales	1,585	1,560
Less Cost ofsales
Printing Materials	985	279
Sub Contract Printing	161
	1,146	279
	(420)
	726	279
GROSS PROFIT	859	1,281
Expenditure
Postage and Carriage	35
Computer Supplies	515
Sundry Expenses	13	12
Accountancy	240	238
	803	250
	56	1,031
Finance Costs	16	16
	40	1,015
Depreciation
Office Depreciation	16	22
NET PROFIT	24	993