Company Registration No. 472409
Charlty Registration No. 213148
THE BRITISH AND IRISH
CHURCHES TRUST LIMITED
(A charltsble company Ilmlted by guarantee)
Report and Financial Ststoments
31 Docember 2023

THE BRrrisH AND IRISH CHURCHES TRUST LIMITED
(A charitable company limited by guarantee)
REPORT AND FINANCIAL STATEMENTS 2023
CONTENTS
Page
Dlroctorg (Trustoes) r•port
Statemont of dlrectors, respon8lbllltl08
Indopendant audltor's report
Statement of flnanclal actlvltles
Balance sheet
Statement of cash fl¢￿5
10
Notes to the accounts

THE BRITISH AND IRISH CHURCHES TRUST LIMITED
(A charftable company limited by guarantee)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023
The directors present their annual ￿pOrt and the audited financial statements for the year ended
31 De￿rnber 2023.
Reference and admlnlstratlve details
Charity number
213148
Company numbor
472409
Reglster•d offlce
Inter Church House plc
35-41 Lower Marsh
London SE17RL
Independent auditor
Haysmacintyre LLP
10 Queen Street Place
London EC4R 1AG
Bankers
Barclays Bank plc
1 ChU￿h111 Place
London E14 5HP
Sollcltors
Bates Wells
10 Queen Street Place
London
EC4R 1BE
Dlractors and trustees
The directors who served during the year were as follows:
The Rt. Rev Mgr Canon N J Rothon (Chairman)
Ms Nicola Br8dy
Mr Michael Mcclure
Mr Mark Currie
Mr Nick Georgiadls
Mr Martin Birch (resigned 1 April 2024)
Ms Osai Ojigho (appointed 26 June 2024)
Ms Elizabeth Walker (appointed 26 June 2024)
Company secretary
Mr M Birch {resigned 1 April 2024)
Structur•, Gov•rnance and Management
Governing Document
The British and Irish Churches Twst Limited is a company limited by guarantee and a
registered charity.
The principal activity of the Company is to act as custodian trustee for Churches Together in
Britain and Ireland and Christian Aid. All charitable expenditure is in relation to grants made to
the connected charities.

Connectsd charities
The company is connected to Churches Together in Britain and Ireland (registered charity
number 1113299) and Christian Aid (registered charity number 1105851). Recharged
expenses all derive from these connected charities. The principal contact address for Christian
Aid is Inter Church House, 35-41 Lower Marsh, London SE17RL, and the principal contact
address for Churches Together in Britain and Ireland is also Inter Church House, 3541 Lower
Marsh, London SE1 7RL.
Funds held on behalf of others
The Company acts as a custodian trustee for Christian Aid and Churches Together in Britain
and Ireland. All assets held by the Company as a custodian trustee are either as cash or
investments and are accounted for separately, including the use of separate and distinct bank
accounts.
Trustees
The Board should comprise a maximum of ten members, six nominated by Christian Ald and
four by Churches Together in Britain and Ireland. At the end of the financial year there were
four vacancies. No D1￿ctor or Secretary received any remuneration or expenses from the
Company. In accordance with the Articles of Association, one third, or Ihe number nearest to
one third of the Directors retire from office at the Annual General Meeting and may stand for
re-election at that meeting.
Trustees of BICT Ltd are either trustees, directors or senlor members of staff of Chrlstian Ald
or Churches Together in Britain and Ireland and as such are appointed for their understanding
of ch8rity and company law and best practice in organisational govemance. Through their
respective organisations they are kept up-to4ate with current rules. regulations and best
practice. New trustees are offered an induction to Christian Aid, Churches Together in Britaln
and Ireland and the British and Irish Churches Trust.
Key management personnel
Day to day management of the Charity Is effectlvely devolved by the Trustees to the Flnance
and Corporate Govemance Director of Christian Aid for the time being. Key management
personnel and Trustees receive rK) remuneration from BICT Ltd.
Accountlng treatment of entlty
For accounting purposes the property known as Inter Church HoLJse to which the Trust retains
legal title is treated as a joint arrangement not an entity by The Bntish and Irish Churches Trust
Limited. On 13 December 2003 Christian Aid entered into a lease wlth BICT Ltd to occupy the
whole property.
Risk management
The Directors have given consideration to the major risks that the company is exposed to and
assessed the likelihood of these risks occurring and the likely level of impact each risk poses.
They have also considered the controls that are in place for these risks and have identified
areas of action for the next year. This is an annual process, which the Directors undertake to
ensure that the operations of the company are adequately protected against the risks it faces
in achieving its strategic objectives. The Directors have taken account of the major risks to
which the charity is exposed and set in place appropriate control measures. The principal risk
is to the integrity of Inter-church House. which is managed by appropriate policies and
procedures within Christian Aid (the lessee), and by ensuring that an appropriate level of
insurance is in place and reviewed annually. The trustees recognise their responsibility for
ensuring Inter Church House is an office environment that is safe from harm and has therefore
confirmed with Christian Aid as tenant and through Christian Aid with its sub-tenants that
appropriate policies and procedures for managing health, safety and security risks including

safeguarding of children and vulnerable adults are in place, monitored and regulady reviewed.
The Trustees remain satisfied that Christian Aid has robust policies in these areas as do other
sub-tenants in ICH.
Reserves policy
The Charity holds an unrestricted reserve of £20,000 at the balance sheet date. This is
considered by the Board
o be the appropriate level of reserve to meet any liabilities in the
event of cessation of operations. It is reviewed annually to ensure that this is sufficient, but not
excessive. for meeting this requirement.
Achlevements and perforniance, and flnanclal revlew
Throughout the year the Company continued to hold assets in its role as custodian trustee,
acting on the instructions of Churches Together in Britain and Ireland and Christian Aid.
During the year, the income generated by the Company, comprising rent, recharged expenses
and other income totalled £1,307,419 {2022'. £1.209,401), which after the addition of interest
receivable, ensured all costs were met.
On 7th February 2019, a resolution was signed to agree that the annual rent payable under the
lease of Inter Church House, 35-41 Lower Marsh, London SE1 7RL made be￿een British and
Irish Churches Trust Limited and Christian Aid would be increased to £1,200,000 per annum
from 15 December 2018. This arrangement continued through the financial year 2023.
The British and Irish Churches Trust Limited acts as custodian trustee on behalf of Christian
Aid for the following two properties..
26 St. Leonard Road, Harrogate,
2 Preshaw Crescent, Mitcham.
Churches Together in Britain and Ireland has retained its equity share in the property Inter
Church House. Christian Aid leases the whole of the property from The British and Irish
Churches Trust Limited under a lease signed 27th March 2017.
Plans for future perlods
The Company will continue to act as a custodian trustee forchristian Aid and Churches Together
in Britain and Ireland for the foreseeable future. The Directors consider the Company to be a
going concern.
Publlc beneflt
The Charity Commlssion in its Charities and Public Benefit Guidance requires that there are
two key principles to b8 met to show that an organisation's aims are for the public benefit.
Firstly, there must be an identifiable benefit. Second, the benefit must be to the public or a
section of the public.
The Trustees confirm that in setting the Charity's objectives and in planning its activities, they
have had due regard to the Charity Commission's guidance on public benefit and that they will
continue to ensure each year that they will consider how the Charity continues to meet the
public benefit objectives outlined in the Charities Act 2011. The Trustees are satisfied that the
Charity meets the requirements and conforms with the Act's definition of a Charity meeting all
of the key elements of the two key principles.

THE BRITISH AND IRISH CHURCHES TRUST LIMITED
(A charitable company limited by guarantee)
STATEMENT OF DIRECTORS, RESPONSIBILITIES
The directors are responsible for preparing the Annual Report and the financial ststements.
The directors have chosen to prepare the accounts for the company in accordance with Unlted
Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare such financial statements for each financial
year which give a true and fair view, in accordance Wlth United Kingdom Generally Accepted
Accounting Practice, of the state of affairs of the company and of the income and expenditure
of the company for that period and comply with UK GAAP and the Companies Act 2006. In
preparing those financial statements. the directors are required to..
(a)
(b)
(c)
(d)
select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed.
prepare the financial statements on the going concem basis unless it is inappropriate to
presume that the company will continue in business.
The directors are responsible for keeping proper accountlng records which dlsclose with
reasonable accuracy at any time the financial position of the company and to enable them to
ensure that the financial statements comply with the Companies Act 2006. They are also
responsible for safeguarding the assets of the company and henc8 for taking reasonable steps
for the prevention and detection of fraud and other irregularities.
Each of th8 persons who Is a director at the date of approval of this report confinns that.
there is no relevant audit information of which the company's auditors are unaware.. and
he I she has taken all the steps that helshe ought to have taken as a director to make
hlmselflherself aware of any relevant audit infomiatior) and to establish that the
company's auditors are aware of that infomiation.
This confimation is given and should be interpreted in accordance wlth the provisions of S418
of the Companles Act 2006.
Approved by
Board of Directors and signed on behalf of the Board
on
Director
E Walker
Director
Date.. 20 September 2024

Ind•pondent Auditorfs Report to the Members of The British and Irish Churches Trust
Limlted
Oplnlon
We have audited the financial statement5 of The British and Irish Churches Trust Llmlted for the year
ended 31 December 2023 which comprise the Statement of Financial Activities (incorporating an
income and expenditure account), the Balance Sheet, the Statement of Cash Flows and notes to the
financial statements, including a summary of significant accounting policies. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom AccountTng
Standard5, Including Financial Reporting Standard 102, the Financial Reporting Standard applicable in
the UK and Republic of Ireland (United Kingdom Generally Accepted Accountlng Pract1ce).
In our opinion, the financial statements:
give a true and fair view of the state of the charitable company's affairs as at 31 December
2023 and of the charitable company's net movement in funds, including the income and
expenditure, for the year then ended.
have been properly prepared in accordance wlth Unlted Klngdom Generally Accepted
Accounting Practice; arwj
have been prepared in accordance with the requirements of the Companies Act 2006.
Basls for oplnlon
We conducted our audit In accordance with International Standards on Auditing IUK) IISAS {UKI} and
applicable law. Our responsibilities under those standards are further described in the Auditor's
responsibilities for the audit of the financlal statements section of our report. We are independent of
the charitable company in accordance with the ethical requirements that are relevant to our audit of
the financial statement5 In the UK, including the FRC'S Ethical Standard, and we have fulfilled our
other ethical responsibilities In accordance with these requirements. We believe that the audit
evidence we have obtalned is sufficient and appropriate to provlde a basls for our opinion.
Concluslons relatlng to golng concern
In auditing the flnancial statement5, we have concluded that the trustees, use of the going concern
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not Identlfled any materlal uncertalnties relatlng to
events or condltlons that, individually or collectlvely, may cast 51qnlflcant doubt on the charltable
company's ability to continue as a going concern for a period of at least twelve months from when the
financial statements are authorfsed for issue.
Our respons?bllltles and the responsibilities of the trustees with respect to going concern are described
in the relevant sections of thls report.
Other Informatlon
The trustee5 are responsible for the other information. The other information comprises the
information included in the Trustees, Annual Report. Our opinion on the financial statements does not
cover the other information and, except to the extent otherwise explicitly stated in our report, we do
not express any form of assurance conclusion thereon.
In connection with our audit of the financial 5tatement5. our responsibility 15 .to read the other
information and, in doing 50, consider whether the other information is materially inconsistent with
the financTal statements or our knowledge obtained in the audit or otherwise appears to be materially
misstated. If we identify such material inconsistencies or apparent material mi5Statements, we are
required to determine whether there is a material misstatement in the financial statements or a
material misstatement of the other information. If, based on the work we have performed, we
conclude that there is a material mis5taternent of this other information, we are required to report
that fact. We have nothing to report in this regard.

Independent Auditor's Report to the Members of The British and Irish Churches Trust
Llmlted (continued>
Opinions on other matters prescribed by the Companles Act 2006
In our opinlon, based on the work undertaken in the course of the audit:
the information given in the Trustees, Annual Report (which include5 the dlrectors, report
prepared for the purposes of company lawl for the financial year for whlch the financial
statements are prepared is consistent wlth the f7nancial statements; and
and the directors, report included within the Trustees, Annual Report have been prepared in
accordance wlth applicable legal requlrements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environrnent
obtained in the course of the audit, we have not identified material misstatements in the Trustees,
Annual Report {which incorporates the strategic report and the directors, report).
We have nothing to report in respect of the following matters In relation to which the Companies Act
2006 requires us to report to you if, in our opinion:
adequate accounting records have not been kept by the charitable company. or
the charitable company financial statements are not in agreement with the accountlng records
and returns. or
certain disclosures of trustee5' remuneration specTfled by law are not made. or
we have not received all the information and explanations we require for our audit. or
the trustees were not entitled to prepare the financial Statements in accordance with the small
companies, regime and take advantage of the small companie5, exemptions In preparing the
trustees, report and from the requirement to prepare a strategic report.
Responslbllltles of trustees for the flnandal statements
As explained more fully In the tru5tee5' responsibilities statement set out on page 5, the trustees (who
are also the directors of the charitable cornpany for the purposes of company lawl are responsible for
the preparation of the financial statements and for being satisfied that they glve a true and fair view,
and for such Internal control as the trustees determine is necessary to enable the preparatlon of
financial statements that are free from material misstatement, whether due to fraLKI or error.
In preparfng the financial statements, the trustees are responsible for assessing the charitable
company's ability to continue as a going concern, disclosing, as applicable, matters related to going
concern and using the going concern basis of accountin8 unles5 the trustees either Intend to liquidate
the charftable company or to cease operatlons, or have no realistic alternatlve but to do so.
Audltor'5 re5pon51bllltles for the audlt of the flnanclal statements
Our objectives are to obtain reasonable assurance about whether the flnancial statements as a whole
are free from material misstatement, whether due to fraud or error, and to 155ue an auditor's report
that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee
that an audit conducted in accordance with ISAS IUKI will always detect a material misstatement when
it exists. Mi$5tatements can arise from fraud or error and are considered material if, individually or in
the aggregate, they could reasonably be expected to influence the economlc decisions of users taken
on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
prtxedure5 in line with our re5pon5ibilities, outlined above, .to detect material mi55taternent5 in
respect of irregularities, including fraud. The extent to which our procedures are capable of detecting
irregularities, Tncluding fraud is detailed below:
Based on our understanding of the and the environment in which it operates, we identified that the
principal risks of non-compliance with laws and regulations related to regulatory requirements of the
Charity Commission, and we considered the extent to which non-compliance might have a material
effect on the financial 5tatement5. We a150 considered those laws and regulations that have a direct

Independent Auditor'5 Report to the Members of The Brltlsh and Irish Churches Trust
Limited (continued)
impact on the preparation of the flnandal statement5 such as the Companies Act 2006 and the Charities
Act2011.
We evaluated management's incentives and opportunTties for fraudulent manipulation of the financial
statements (including the risk of override of controls), and determined that the principal risks were
related to posting inappropriate Journal entries and management bias in accounting estimates and
judgements. Audit procedures performed by the engagemerit team included:
Inspecting correspondence with regulators and tax authorities.
Discussions wth managefflent Includin8 consideration of known or suspected instances of non-
compliance with law5 and regulation and fraud;
Evaluating management'5 controls designed to prevent and detect irregularities;
Identifying and testing journal entries; and
Challenglng assumptions and judgements made by management in their critical accounting
estlmates
Because of the Inherent Ilmltations of an audit, there is a risk that we will not detect all irregularities,
including those leading to a material misstatement in the flnanclal statement5 or r￿n-CoMplIance with
regulation. Thi5 risk increases the more that compliance with a law or regulation 15 removed from the
events and transactions reflected in the financial statements, as we will be less likely to become aware
of instances of non-compliance. The rlsk is also greater regarding irregularltles occurring due to fraud
rather than error, as fraud involves intentional concealment, forgery, colluslon, omlsslon or
misrepresentation.
A further descriptlon of our responslblllties for the audit of the financial statements is located on the
Financial Reporting CouncTI's website at: www.frc.or
.uk/auditorsres
nslbilities. This descriptlon
forms part of our auditor's report.
Use of our report
This report is made solely to the charitable company's members, as a body, In accordance with Chapter
3 of Part 16 of the Companles Act 2006. Our audit work has been undertaken so that we might state
to the charitable company's members those matter5 we are required to state to them In an Auditor's
report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume
responsibility to anyone other than the charitable company and the charitable company's members, as
a t)ody, for our audlt work, for this report, or for the oplnions we have formed.
Adam Halsey
Senior Statutory Auditor
For and on behalf of
Haysmacintyre LLP
Statutory Auditor
London
Dat•: 27 September 2024

THE BRITISH AND IRISH CHURCHES TRUST LIMITED
(A charitable company limited by guarantee)
Statement of financial activities (incorporating an Incomo and expenditure account)
for the year ended 31 December 2023
2023
Unrestrlct
ed
fvnds
2023
2022
Unrestrict
ed
funds
2022
Total
funds
Total
fund5
Note
Incom• and •ndowm•nts from:
Charltable actlvltle•
Rental income from lease
1,200,000 1,200,000
1,200.000
1,200,000
R8charged expenses
107,419
107,419
9,401
9,401
Total
1307 419 1307 419
1209 401
1,209.401
Expendltur• on:
Chorltab10 actlvltl
Grants to Connected Charili¢$
Other
1,200,000 1,200,000
107,419
107,419
1,200.000
9,401
1.200,000
9,401
Total
1307 419 1307 419
1209.401
1,209,401
Not Incom￿{0XPend￿tUrn>
Transfers betsveen fund8
Other recognised gains/llosses1
N•t movement In fund•
Roconclllatlon of fund8'.
Total fvnds txoughl forward
Total fund8 carrled forward
20,000
20,000
All incoming and outgoing resources derive from continuing operations.
The only recognised gains and losses are the results included in the Statement of Financial
Activities.,
accordingly no statement of total recognised gains and losses is included.

THE BRITISH AND IRISH CHURCHES TRUST LIMITED
(A charitable company limited by guarantee)
Balance sheet
as at 31 December 2023
Note
2023
2022
Current ass•ts
Debtors
48.080
22,900
Cash al bank
112,557
109,000
160,637
131,900
Llabllltla¥
Creditors.. 8mounl8 falling due wllhln one year
111900
Not Cufrent BS8el8
20,000
20.000
Total net assets
20,000
20,000
Th• funds of lh• charfty
Un￿Stri￿8d fvnds
20,000
20,000
Total funds
20,000
20,000
Approved and authorised for issue by the Board of D1￿CtOrS and signed on behalf of the
Board of Dire
othon
Date: 20 September 2024
Company Registration no..
472409

THE BRITISH AND IRISH CHURCHES TRUST UMITED
(A charitable company limited by guarantee)
ststamont of cash flows
as at 31 December 2023
Not•
2023
2022
Ca8h flows from operatlng actlvbtl
Nel cash utilised by operating activities
Change In cash and cash oqulval•nts In th• r•portlng p•rlod
3,557
{5)
Cash and cash equivalents al the bggSnning of the r6porting perbd '
112,557
109,000
Ca•h and cash equlval•nts at th• ond of tho r•portlng perlod
112,557
109,000
R•¢on¢lliatlon of nat incom• to n•t cash flow from op•ratlng actlvltl•8
Incr8858 In debtors
125,1801
{3.256)
Increase in ¢reditor$
Net cash outllow from operating activities
An•lysls of caBh and cash equlvalents
C8sh 8t bank and In hand
Total cash and cash equivalents
112,557
109.000
10

THE BRITISH AND IRISH CHURCHES TRUST LIMITED
{A charitable company limited by guarantee)
Notes to the accounts
1. Accounting policies
Basls of preparation
The accounts (financial statements) have been prepared in accordance with the
Charities SORP (FRS102} applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland and the Charities Act 2011 (Second Edition. effective 1 January 2019) arKI
UK Generally Accepted Practice as It applies from 1 January 2019.
The accounts are prepared under the historlcal cost convention.
The Trustees believe there are no material uncertainties about the charity's ability to
continue, and therefore the accounts have been prepared under the going concern
basis.
These financial statements present the results of BICT, a charitable company
registered in England and Wales.
Incom• pollcy
All incoming resources accruing to the charity during the year are recognised in the
statement of financial activities as soon as it is prudent and practicable to do so, when
entitled, probable and measurable. Rental Income from leases consists of income
from Christian Aid arising from the rent of Inter Church House. All other incom8 IS
derived from recharging costs to the Charity's parent entities.
Expendltura pollcy
Expenditure consists primarily of grants to Connected Charities consisting of grants of
income arising from the rent of Inter Church House. Other expenditure consists of
audit foes. insurance costs and minor ancillary running expenses, as set out in Note 2.
11

THE BRITISH AND IRISH CHURCHES TRUST LIMITED
(A charitable company limited by guarantee}
Notes to the accounts {contlnued)
Taxation
BICT as a registered charity is potentially exempt from taxation on income and gains
falling within section 466-493 of the Corporation Taxes Act 2010 and section 256 of the
Taxation of Chargeable Gain Act 1992 to the extent these are applied for charitable
purposes.
Funds
General funds are donations and other incoming resources recelvable or generated for
the objects of the Charity without specified purpose.
Judgements and estlmates
In the application of the charity's accountlng policies, Trustees are required to make
judgernents, estimates, and assumptions about the carying values of assets and
liabilities that are not readily apparent from other sources. The estimates and
underlying assumptions are based on historical experience and other factors that are
considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an on-going basis.
Revisions to accounting estimates are recognised in the period in which the estimate is
revised if the revision affects only that period, or in the period of the revision and future
periods if the revision affects the current and future periods.
In the view of the Trustees, no assumptions concerning th8 future or estimation
uncertainty affecting assets and liabilities at the balance sheet date are likely to result
in a material adjustrnent to their carrying amounts in the next financial year. The
principal accounting policies, as set out above, have all been applied consistently
throughout the year and the preceding year
Flnanclal Assets and Llabilities
BICT has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value
and subsequently measured at amortised cost using the effective interest method.
Financial assets held at amortised cost comprise trade and other debtors. Financial
liabilities held at amortised cost comprise, trade and other creditors.
The financial assets held at amortised cost at 31 December 2023 were £149,556
(2022: £120,550). The financial liabilities held at amortised cost at 31 December 2023
were £140,637 (2022.. £111.900).
12

THE BRITISH AND IRISH CHURCHES TRUST LIMITED
{A charitable company Ilmlted by guarantee)
Notes to the accounts {continued)
2. Expenditure
Grants to Connected Charities
Grants to Connected Charities consists of grants of income arising from the rent of
Inter Church House to Christian Aid.
Other Charitable activities includes the following:
2023
2022
Charge for Llght and Space
150
150
Insurance premiums
'12,357 8,406
Auditorfs remuneration - audit fee8
Bank Charges
Legal and professional
fees
1,590
840
93,283
107,419
9,401
There were no employees in BICT. in the current or previous year.
3. Net Incomo1(•xpandlture)
Net incomel(expenditure) for the year is stated after charging:
2023
2022
Auditorfs remuneration - audit fees (net of VAT)
Key management personnel and TNstees receive no remuneration from BICT Ltd.
1,325
700
4. DEBTORS
2023
2022
Prepayments
11,071
1,351
CTBI - current Account
37,009 11,549
48,080 22,900
13

THE BRITISH AND IRISH CHURCHES TRUST LIMITED
(A charitable company limited by guarantee)
Notes to the accounts (continued)
2023
2022
5. CREDITORS
Accruals
Christian Aid - current account
93.501
47,136
140,637
91.005
20,895
111,900
6. RELATED PARTY TRANSACTIONS
Related party transactions in the year consisted of the recharging of expenses and
grants of income arislng from the rent of .Inter Church House to Christian Aid.
There have been no related party transactions that require disclosure other than
transactions with connected charities, as follows:
2023
2022
Payments received from connected charities for rent:
Christian Aid
1,200.000
1,200,000
Grants made to connected charities of rent received:
Christian Ald
Churches Together in Britain and Ireland
855.000
345,000
849,621
350,379
1200,000
1,200,000
Amounts due {toVfrom connected charitles at balance sheet date..
Recharged expenses
Christian Aid
Churches Together in Britain and Ireland
Payment of insurance premlum on behalf of BICT Ltd
76,536
30.883
6,698
2,703
Christian Aid
Payment of audit fees on behalf of BICT Ltd
Christian Aid
(12,077)
(12,383)
(840)
14

7. CUSTODIAN TRUSTEE
The Trust holds as custodian trustee the freeholds of the Offi￿ property known as
Inter Church House and a number of residential p.roperties. on behalf of
Christian Aid and CTBI.
15