Registered Charity No. 21)8079 Founded 1919 THE BRITISH-ISRAEL-WORLD FEDERATION ThThual Repoit BOARD OF MANAGEMENT as at 31103125 Dr A C Smyth Mr R Bradley Mr A S Brown Miss M Dowling Mr J Hardwick Mr N Mccausland Rev l Thompson President STAFF Pastor D J Aimer Mrs T Creed Mrs N T Gallone Mr S Harrison General Secretary l Accountant CPC Marketer Secretary Librarian and Proof Reader REGISTERED OFFICE. 121 Low Etherley Bishop Auckland County Durham DL14 OHA Telephone 01388 834 395 E-mail admin@britishisrael.co.uk Web Site www.britishisrael co.uk THE PRESIDENT In the Holy Bible, the prophet Isaiah records the task (Isaiah 43.'10 KJV) that God's people are called to. Ye are my witnesses, saith The Lord." This is the call upon God's holy people, the chosen ones. Whether we look to the Indian sub-continent or China or the polar regions, north and south, there you will encounter a story of missionary endeavour. as the Gospel is proclaimed. As the risen Lord Jesus, in his Resurrection body, prepared for His ascension into Heaven, He called upon His disciples and followers to go into all the world and preach the Gospel of good news. Through a specially lailored programme of Bible teachin& The National Bible College seeks to prepare ail who participate in the course for the challenges that they will face as witnesses to our Lord Jesus Christ, the Shepherd to the lost sheep of the House of Israel. DR CLIFFORD SMYTH, PRESIDENT GENEIUL SECRETARY Building Again The year has been busy with administration matters in the year. When T started this job over 20 yeais ago, everything was done manually. Now almost everything we do has lo be done on-line. From even the simplest thing of paying a service provider by writing out a cheque, this all is done on the intemet. On the one hand this can save time, but on the other hand complications can arise causing a waste of time. This is how the modern world is running at the moment. We had our Spring Rally and Autumn Rally in Morecambe this year as well as a Meeting at Burnside Hall, Co. Antrirn in Northern Ireland. Concerning the Covenanl nations magazine we have been affected by ihe high cost of mailing overseas. We WTOte to all overseas readers that the ones who give their generous donations would still receive their magazine. but the option was given for them to read our magazine online on our website. This has saved a considerable amount of money. During the year we were able to sell our property in 18 Simpson Road, West Auckland successfully DA VID J AIMER. GENERAL SECRETARY THE NATIONAL BIBLE COLLEGE DISTANCE LEARNING PROGRAMME In 1936 the Faculiy of our College at Harrow Weald inaugurated a Correspondence Course for the benefit of those unable to attend College lecthres Students enrolled from Cornwall to the Orkneys. from Nemrfoundland to British Columbia; from New York to Venezuela" Australia and New Zealand: Africa from the Cape to Kenya. and from many other countries and included people from every walk of life. This correspondence course forn)ed the basis for a revised Distance Leaming Programme which was initially piloted in February 2009 and fonnally launched in May 2009. The prograinme consists of 4 modules. each with 10 units. Written feedback and guidance is given following responses to each of the essay questions set at the end of each unit. A College Certificate is awarded for the completion of each module Scores of people young and old have registered on this distance leaming programrne from home and overseas. and many have now completed all four modules. TEACHING MA TERIALS AND VIDEOS The National College website has a link to some of our teaching materials and 84 teaching videos on a dedicated 'youtube' channel. This channel has currently attracted over 358,000 viewings and 1770 subscribers. ACADEMIC RESEARCH FORUM The National Bible College Academic Research Forum encourages people to research various topics relating to our message and invites suggestions for thrther related research projects. DA VID AIMER, PRINCIPAL MARTIN LIGHTFOOT. PROGRAMME CO-ORDINATOR THEN BIBLE 'Wh8t IONAL LLEGE true le INDEPENDENT EXAMANER'S REPORT TO THE I￿Ell￿BERs OF THE BRITISH-ISRAEL-WORLD FEDEIi4TION For the Year ended 31 March 2025 Respective responsibilities of trustees and auditors The charity's trnstees are responsible for the preparation of the accounts. The charity's tnjstees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: Examine the accounts under section 145 of the 201 l Act. To follow the procedures laid down in the general directions given by the Charity Commission (under section 145(5)(b) of the 201 l Act, and to state whether particular matters have come to my attention. Basis of independent examiner's statemenl My examination was carried out in accordance with general directions given by ihe Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. li also includes consideration of any unusual items of disclosure in the accounts, and seeking explanations from the trustees conceming, any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present ' a true and fair, view and the report is limited to those Matters set out in the slalement below. Independent examiner's statement In connection with my examination, no matter has come to my attention.. which gives me reasonable cause to believe that in, any material respect, the requirements to keep accounting records in accordance with section 130 of the 2011 Act. and to prepare accounts which accord with the accountingF record5 and comply with the accounting requirements of the 201 l Act. have not been mel. or 2. to which in my opinion. attention should be drawn in orderto enable a proper understanding of the accounis to be reached. 30 April 2025 Rose Partridge Barnhaze Accountancy Ltd AAT Licensed Accountant Newhayes Sampford Peverell Tiverton Devon EXI 6 7EE THE BRITISH-ISRAEL-WORLD FEDEIi4TION STATEMENT OF THE TRUSTEES, RESPONSIBILITIES Charity Law requires the Trustees to prepare Financial Statements for each financial year which gives a true and tair view of the state of affairs of the Charity and of its financial activities for that period. In preparing those Financial Statements the Trustees have'.- Selected suitable accounting policies as set out in Note 8 to the Financial Statements and applied them consistently. b) Made judgements and estirnates that are reasonable and prudent. Have adopted policies in accordance with SORP and wtth applicable accounting standards, subject to any malerial departure disclosed and explained in the Financial Statements. d) Have prepared ihe Financial Siatements on the going concem basis. The Twstees have been responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enables them to ensure that the Financial Statements comply with the Charities Act 1993 and 2011. The Trustees have also been responsible for safeguarding the assets of the Charity and hence taken reasonable steps for the prevention and detection of fraud or other irregularities. The Trustees are satisfied wilh the financial perforniance as shown in ihe Financial Siatements and are confident that the present resources are more than adequate to meet its future commitments. Dr Clifford Smyth Dated 20 May 2026 THE BRITISH-ISRAEL-WORLD FEDERATION INCOME AND EXPENDITURE ACCOUNT st FOR THE 12 MONTHS TO 31 MARCH. 2025 2024 SURPLUSI DEFICIT INCOME EXPENDITURE Rental Income 1 AZU￿ Court MeMbe￿hIp Donations Bank Interest Other Receipts Covenant Nations 8,051 91,623 975 2.595 7,576 2,500 475 89,123 975 2,595 89 10 12,733 6,786 -5,947 -144 Administration See Note 1 135,625 -135,625 -45 115.977 1 $2,487 -36,S10 Loss on Sale of Property 2,806 Legacies 10,543 -45 To General Reserve -28,773 THE BRITISH-ISRAEbWORLD FEDERATION 2024 BALANCE SHEET AS AT 31 MARCH, 2025 OOO'S FIXED ASSETS FiXtu￿s, Fittings and Equipment at cosl 1 $7,798 Less Depreciation Depreciation in Year 1,597 151,363 152,960 4,838 121 Low Etherley 1 Azure Court 227 Newgate Street 5 Bede Street 351,160 1,259,155 96,606 138,920 CURRENT ASSETS Investments Unquoted See Note 2 Investment - Market Street Development 11,100 696,671 Cash at Bank Current accounts Cash in Hand British Israel Trust Co Ltd Kingdom Foundation National Bible College Account Prepayments other Debtors 4,413 865 15,276 760 3,492 1,985 3,561 738,123 2,588,802 LESS CURRENT LIABILITIES credito￿ due wtthin 1 year PAYE VAT Creditors Accruals Pension Accounts Member5 Loans 404 3,599 2,094 2,979 318 2,200 11,594 983,754 1,662 1,593,454 REPRESENTED BY General fund To general ￿serve in year 1.261,494 -28,773 1,232,721 45,670 315,063 Special Funds Unrestricted See Note 3 Special Funds Restricted See Note 3 1,662 1,593,454 THE BRITISH-ISRAEL-WORLD FEDERATION Note 1 ADMINISTRATION 2024 OOO'S Legal, Professional and Management Fiekl Expenses Staff Salaries and Pensions Interest on Member'5 Loans Office Expenses Sundry Expenses Printing, Stationery, Postage & Telephone Repairs and Maintenance Bank Charges IT Support and website costs Depreciation 7,650 1,803 53,903 48,451 7,471 53 49 13 17 8,513 3,318 428 2,458 1,597 145 135,624 Note 2 Investments Unquoted 1,000 shares in Market Street Developments Ltd 10,000 shares in Covenant Publishing Co. Ltd. 80 shares in Eli press Ltd 1.000 10,000 100 Note 3 Special Fund5 Balance 3110312024 Income Ex endilure 8alanGe RESTRICTED FUND The National Bible College (charity no 211471) 314,980 180 97 315,C63 DESIGNATED FUND Benevolent Fund Youth Action W E Filmer Christian Propheti¢ Witness Kingdom Foundation 1,288 304 6,223 32,433 5,422 1,288 304 6,223 32,433 5,422 360,650 180 97 360,733 National Bible Colle Charit No 211471 Cost 121 Low Ethertey Cash at Bank 351,160 3,492 354,652 Fund Loan from BIWF 315,063 39,589 354,652 This charity has common Trustees, unity of administration and parallel objects to that of The British-lsrael-worfd Federalion and is administered from the same address. li Aecountin Policies Note A: T￿$¢ Accounts thc k)ccounts of Hcadquartc]s of t7k British-Jsracl-World Fcdcration. Tl*se Accounts I￿￿.e been prepared in accordance H'ith applicable accounllng standards and Sthten￿nl of recom1ne￿1ed prdciice accounting b). Cluritles Aci 1995. Profit & Loss a¢¢ouni iran￿clI0ns ar¢ (ra￿lated into st¢rling ai lh¢ e.x¢lung¢ rJl¢ in operation on dale of Ir￿n￿cli0￿ Asseis & Lidbilities deTh)Ininaied in foreign Curre￿ieS are Irdnsldted inlo sierling ai ilr Closing rdles. DeSig>￿￿d Funds are (ll￿8 ii"M"ch tlie Tmsiees h21'e sei aside as a useful fin2tKial discipli￿. MhJ"¢li ivjll Irlp ih¢ Ctwiii n￿ke Ilie besi use ofits resour¢¢s ev¢ii iliougl) (I￿re is no le&￿ force io desi￿14110lls. Casli in trai￿11 is ￿)t included a5 Inco1￿ uniil it been Teceii'ed at HeadquarteT5. DO￿lI0]L￿ U]￿eT Deed of Coi'etuni do nol iiKlude tlie as50cMled liicoiir T&i recoi'erv. Tr liicoille Tai recoi'eTr is iIKluded as Incoine H'lien it is receI￿ed. L¢g¢i¢ies ar¢ iwlud¢d on a r¢c¢ii"Jble basi& Note H: Fi.N¢d Ass¢ts ￿ iiKlud¢d in a￿ounts ai Iuslotirat wsl atwl ￿ ivrill¢n OIT oi'¢r ¢Stil￿1￿ us¢ful lif¢ b)" d¢pr¢¢ialion t1￿u¥ll t1￿ I￿0￿1¢ aNI E.xp¢ndiluT¢ ￿Count. Fr¢¢l)old prop¢rt!' is nol d¢prKulcd. as it Is thc T￿￿1¢¢$ liTh lo iwiiitain ail buildiiy to such a sthlldatd tlwi ilKir ¢stil￿trd ￿sIdual i'alu¢ is noi l¢ss ihan ￿￿1[ rost at Note I: Quoled li]vestiiiei)Is are i￿luded in t1￿ Balan￿ sI￿t al I￿a￿e1 ￿alUe. Tlie realised aiml unrealised Gain￿LoSseS arisii on diswsal are accoiiiiied for ii) Ilie I￿oIne ai)d Elpel￿11ure account. Tlie llisiorical cost ialiie of qiioied inN'es1t￿MS are iiKliided li) tlie notes lo t1￿ fiiLqiKial slaieineiiis. Ullq￿Ited l1n.eslii￿ntS ajy I￿luded al lustorical cosl. Note J.. Inierest received is crediied gross to I1￿ Incoine and Exyendilure accounl. Note K. Meinberskn"p SubscriptiOJLS are included on receipl. Note L: Adi]un]slrntii"e costs is comprised of all eiyenses inciwred in rni)ning the chan'h., i￿1)1¢h catllM)t be directlTr allocated to Ille Charil!"'s projects. 12 THE COVENANT PUBLISHING COMPANY LIMITED Our sales iii the USA for the Drarna of the Lost Disciples are selling well. We have been selliiig the UK version here iii the UK as well. It seenis a nuinber of people have been buying our books that come froin the London area that have Eastern European names. We are also supplying books, charts and DVDS to Australia for their yearly conference. Book sales at our rallies have done well in Morecambe and Nortliern Ireland. Amazon has been very demanding in applying the latest Governmant guidelines to stop fraud in the country. It lias takeii niucli time to sort out a]1 tlieir requirements. Because the B.I.W.F. constitutes 100 % of the share holders. They want proof of ID and other personal iiiforn]ation from all tlie Board menibers. DAVID AIMEIL Company Secretary 13 The Covenant Publishin Com an Ltd Com an Information for the Year Ended 31 March 2025 DIRECTORS. Miss M Dowling Mr N. Mccausland Dr C. Smyth SECRETARY: D J Aimer REGISTERED OFFICE.. 121 Low Elherley Bishop Auckland Co. Durham DL14 OHA REGISTERED NUMBER: 2203118 ACCOUNTANTS. Bamhaze Accountancy Ltd AAT Registered Accountant, Sampford Peverell, Tiverlon, Devon, EX16 7EE 14 The Covenant Publishin Com an Ltd Re 81 ort of the Directors for the Year Ended 31 March 2025 The directors present their report wilh the financial statements of the company for the year ended 31 March 2025. This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 20C6 relating to small companies. ON BEHALF OF THE BOARD.. D J Aimer- Company Secretary Date.. 20" May 2026 15 The Covenant Publishin Com an Ltd $1 Balance Sheet 31 March 2025 31.3.25 31.3.24 Notes FIXED ASSETS Tangible assets 307 371 CURRENT ASSETS Stocks Debtors Investments Cash at bank and in hand 19,203 762 22,687 1,742 10,000 34,889 38,447 CREDITORS Amounts falling due within one year 1,706 1,259 NET CURRENT ASSETS 33 183 37 188 TOTAL ASSETS LESS CURRENT LIABILITIES CAPITAL AND RESERVES Called up share capital Profit and loss account 10,000 10,000 SHAREHOLDERS, FUNDS 33 490 37 559 The company is entrtled to exemption from audrt under Section 477 of the Companies Act 2006 for the year ended 31 March 2025. The members have not required the company to obtain an audrt of its financial sL8tements for the year ended 31 March 2025 in accordance wrth Section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for.. (al ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and {bl preparing financial slalements which give a true and fair view of the stale of affairs of the company as al the end of each financial year and of ils profrt or loss for each financial year in accordance wf(h the requirements of Sections 394 and 395 and which othetwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as is applicable lo the company. The financial slalemenls have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating lo small companies. The financial statements were approved by the Board of Directors on 20 May 2026 and were signed on ris behalf by.. D J Aimer- Company Se(xetary 16 The Covenant Publishin Com an Ltd Notes to the Financial Statements for the Year Ended 31 March 2025 STATUTORY INFORMATION Covenant Publishing Company Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Infonnation page. ACCOUNTING POLICIES Basis of preparing the financial ststements The financial statements have been prepared in accordan￿ with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A"Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Turnover Turnover is measured at the fair value of the consideration re￿iVed or receivable, excluding discounts, rebates, value added tax and other sales taxes. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful lrfe. Equipment_ 250h on reducing balance Stocks Stocks are valued at the lower cost and net realisable value after making due allowance for obsolete and slow moving items. EMPLOYEES AND DIRECTORS The average number of employees during the year was 2 {2024- 2) OPERATING (LOSSYPROFIT The operating profil (2023- operating loss) is stated after charging.. 31.3.25 31.3.24 Depreciation - owned assets TANGIBLE FIXED ASSETS Equipment COST At 1 April 2024 and 31 March 2025 27,233 DEPRECIATION At 1. April 2024 Charge for year At 31" March 2025 26,862 93 26 955 NET BOOK VALUE st At 31 March 2025 307 At 31°, March 2024 371 17 Notes to Ihe Financial Statements for Ihe Year Ended 31 March 2025 - continued 31.3.25 31.3.24 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors 406 Other debtors 356 762 1,193 549 1742 CURRENT ASSET INVESTMENTS 31.3.25 31.3.24 Loan to BIWF CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trade creditors Other creditors 18 The Covenant Publishin Com an Ltd Tradin and Profit and Loss Account for the Year Ended 31 March 2025 31.3.25 31.3.24 Turnover Book sales Donations Printing Sales 14,413 302 1,725 17,235 419 5,854 16,440 23,508 Cost of sales Opening stock Purchases Printing Purchases Donation returned 22,687 1,426 3,595 21,046 8,225 7,804 29,208 37,075 22 687 Closing stock GROSS PROFIT 6,435 9,120 Expenditure Salaries Pensions Postage Slationery & packaging Equipment Repairs & Servicing Sundry office expenses Bad Debts Legal & accountancy 5,593 171 1,904 120 46 115 34 600 5,688 171 2,016 141 28 19 570 {2,1481 487 Finance costs Bank charges Credit Card & Commissions 887 968 1,058 631 14,003) (1,202) Depreciation Depn of equipment 93 123 NET PROFITI (LOSS) 19 Eli Press Ltd Com an Information for the Year Ended 31 March 2025 DIRECTORS. Dr C Smyth D J Aimer SECRETARY. Mrs N Gallone REGISTERED OFFICE: 121 Low Etherley Bishop Auckland Co. Durham DL14 OHA REGISTERED NUMBER.. 03933393 (England and Wales) ACCOUNTANTS.. Barnhaze Accountancy Ltd AAT Registered Accountant Sampford Peverell Tiverton Devon EX16 7EE 211 Eli Press Ltd Re ort of the Directors for the Year Ended 31 March 2025 The directors present their report with the financial slalements of the company for the year ended 31" March 2025. This report has been prepared in accordance ￿1th the special provisions of Part 15 of the Companies Act 2006 relating to srnall companies. ON BEHALF OF THE BOARD.. D J Aimer- Director Date.. 10 Mal, 2025 Eli Press Ltd sl Balance Sheet 31 March 2025 31.3.25 31.3.24 Notes FIXED ASSETS Tangible Assets 20 27 CURRENT ASSETS Cash at bank and in hand 1,784 512 CREDITORS Amounts falling due within one year 252 253 NET CURRENT ASSETSI(LIABILITIES ) 259 TOTAL ASSETS LESS CURRENT LIABILITIES CAPITAL AND RESERVES Called up share capital Profit and loss account 80 80 2C6 SHAREHOLDERS. FUNDS 286 T1￿ co]npan￿ is eniiiled io exemption from audit under Section 477 of the Conwanies Aci 2006 for t1￿ vear e￿Ied 31 Majrli 2025. TIE n￿MberS luN'e not required t1￿ COmPcltii' to obtain an dudil of its fi￿ncial St￿ten￿ntS for the I'edr ended I I" March 21125 iii [￿COr(￿nce M'iih Seclion 476 ofthe Coinprinie5 Act 2(K)6. T1￿ directors acknoThledge their reSpo￿51b11l1ieS for.. la) ensuringv tlul the COlnP<]n)' keeps dccountingy records i¥hich coinpl}' with secl1oi￿ 186 aTrJ 187 of the Conw(iiiies A 2006 nd Ib) p[Epari1￿. fi￿￿]￿1 stc1tetnents ii'hicli gyiie a In￿ 1( fair N'iew of the state of aff1( irs of i]￿ cornpani. ds (11 IIE end of cli fiNncicil i'ecir and of ils Profil OT Ios5 for edcll fI￿lncl(ll l'ear iii accordc￿ce ii'iili Ilie requireiiieiils ofsections 394 and 395 and ii'liicli 011￿￿VIse coiwlv ii'ith I1￿ reqUIren￿nIS of t1￿ Conw