Registered No: 11)588731 Charlty Registration No: 221462 Chrlstlan Publlshlng & Outreach Limited IA company Ilmlt¢d by guarantee) UNAUDITED TRusfEES' REpoKf AND FINANCIALsfATEMENT FOR THE YEAR ENDED 30 SEFfEMBER 2025
cHRIlAN PUBUSHING & OUTREACH UMITED IA Company limited lry zuardntee) Contents Page Reference and adminSstratlve details of the Charity. Fts Trustees and advisers Trustees. report 24 Statement of flnancial actwities Balance sheet Notes to the financial statements 7-10
CHRisfiAN PUBUSHING & OUTREACH UMrrED {A Company Ilmlted by zuardntee) Reference and adrnlnlstralive details of the Charity. its Trustees and advise For the period ended 30 September 2025 Charity Registration No. 221462 Company Number )588731 Date of Registration 12 Au8USt 1957 Start of Financial Year I" Ortober 2024 rustees at 1st October 2024 and 30th September 2025 Mike Elms. Chair Aob James Slmon Allabv Stew Smith Jason Reece. Treasurer Le8al Status Governing Instrument CPO is a Charitable Company Limited by Guarantee Memorandum & Article5 of Association Reglstered Charity12214621 with The Charity Commlsslon Objects CPO has always existed to 'Advance the Gospel of our Lord Jesus Christ
by display. publicity and advertisin& by alStIng churches and other organisations o for the advancement of the Christian faith o wrth their display. publicity. ènd advertising. and by such charitable means as may be deterrnined by the charity.. Registered Address 9 Polo Field Drive. Canterbury. England. CT3 4FA Correspondence Address 9 Polo Field Drrle. Canterbury. En8land, CT3 4FA
CHRISTIAN PUBUSHING & OUTREACH UMrrED (A Company limited by guarantee) Trustees. report For the perlod ended 30 September 2025 I he Trustees present their annual report together with the financial ststements of the Charity for the vear to 30 September 2025. The financial statements of the Charity Comp with current statutory reportin8 requirements. the governing documents of the Charity and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20191- Icharities SORP IFRS 10211, the Financial Reportin8 Standard Applicable in the UK and Republic of Ireland IFRS 102) and the Companies Art 2(Kl6. The flnancial ststements have been prepared in accordance with the provisions applicable to companie5 subject to the small companies regime. Structure, gov¢rnanee and managernent è. Governing Document Chrlstlan Publicity Ltd was established in 1957 and changed its name to become Christian Publishing & Outreach Limited ICPOI in 2014. It is now presenting as Lbgbs Foundation. CPO/Lbgbs Is a charitable company limited by 8uarantee and govemed by a Memorandum & Article5 of Association. It is a registered charity Inumber 2214621 with The Charity Commission for England & Wales. b. Governance The charity is administered by a trustee board which is appointed in accordantr with the Articles of Associatlon. The trustees are responsible for the proper handling of the affairs of the charity. The trustees are responsible to the charity commissloners for the maintenance of the charitable objects of the charity. All trustees are volunteers who glve iheir time freely. No-one was paid to contribute as trustee during the year. c. RecruStment and appolntment of new Trustees No trustees resi8ned or were appointed during the year. This gives the charity five trustees movin8 forward with its refocused activitie5. New trustees are appointed by the existing trustees by seeking out people with the requisite skills and experience to add to the 8overnin8 body of the charity. d. Inductlon and traInI of new Trustees All new trustees seek to familiarise themselves with the work of the charitv. e. Chief Executlve The Chief Executive resigned when the Charity was StrUttUred in 2022. The Chority has not employed any other staff during the year. f. Trustee meetlngs The trustee board meets regularly whether physically or virtualty. Trustees are required to declare conflicts of interest at any meeting and withdraw from decisions where a conflict of interest arises.
CHRISTIAN PUBLISHING & OUTREACH UMITED (A Company limlted by guarnntee) Trustees, report For the perlod ended 30 September 2025 Structure governance and management Itontinued) Objectives and artlvltles a. Objectives and aims CPO has always existed to "Advance the Gospel of our Lord Jesus Christ by display, publicity and advertlsi by assisting churche5 and other organisations for the advancement of the Christian faith with their display, publicity. and advertisin& and by such other means being charitable as may be determined by the charity." b. Artlvltles To achieve these aims, CPO has provided Inspirfngcommunkatlonsto churches and the widerchristian community In the UK since 1957. c. Mlsslon Sustslnablllty The sole focus of CPO/Lègbs is. and will continue to be. on developing plans to deliver the Mission as outllned in the Objectives and Aims atr)ve. d. strategy The charity operates on a zero-overhead basis, wlth no premises and no employed staff. The benefit of this is that the total focus of the charity is Missional and ICrf)% all donatlons will be used to pro8ress that Mission. A¢hlevements and perf0mnCe a. Publlc Benefit The Trustees have conSided the guidelines issued by the Charity Commission wlth regard to public benefit and how the charity complie5 With these requirements. They are confident that they have Complied with the duty in section 17151 of the Charities Act 2011 with regard to public benefit. The charity makes ailable to Christian organlsations its ran8e of communications wtthout the exclusion of any denomination within the Christian religion. b. Achlevement and Pertorniance Over the year, the Trustees have been developing a porrfolio of creaiive advertising concepts with vlew to putting these into searCh in December 2025.
CHRisfiAN PUBUSHING & oimiEACH UMITED (A Company limlted by guarnntee) Trustee5' report For the period ended 30 September 2025 . Sinancial review Accrued income and donations received during the year were used to fund 75% of the cost of the re*arch which will be carried out in December 2025. d. Reserves polKV The Trustees keep the level of the charity5 reserves under review. The lack of any overheads and standing expenses mean5 that Significant reserves will not be required. e. Goln8 COern Trustees remain confident that CPO/Lcigbs will be a going cOnrn for a period of at least twelve months from the date of approval of these accounts and beyond. f. Plans h)r futurè perlods The Trustee5 are committed to the Strategy deflned above and are confident that the restructured organisation can continue to produce a range of creative communication campaigns for the benefit of churches in furtherance of its mission. This report was approved by the Trustees and slgned on their behalf by: Mr M Elms Date..
CHRisfiAN PUBLISHING & OUTREACH UMITED IA Company limlted by guarantee) Ststement ol Financial Artlvfties for the Year Ended 30 September 2025 {IncludlnB Income and Expenditure Account) Charity only Unrestrirted funds Total 2025 Total 2024 Income from.. Donations and legacles Donations 7,942 Total Incom• 7.942 Expendltyre on: 75% payment of Research costs to Blue Marble 15.3(X) 15,3(Kl efund of Pension Payment to Aviva 1,415 Net bank charges 71 71 55 Payment to Beacon Books 45 Total expendltyre 15371 15371 1,515 Loss on disposal of Investment Net movement in funds 17A29) (7A291 4,484 Recondllatlon of funds Total funds brought forward 9A65 4,981 Total funds carrled forward 9,465
CHRisfiAN PUBUSHING & OUTREACH UMtrED {A Company limited by guarantee) Charfty Balance Sheet As at 30 September 2025 2024 Flxed asse Investments iurrent assets Cash at bank and in hand: Unity Bank 831 20361871 2,036 9.465 9.465 CredIto. Amoufits fall1 due vAthln cme year Net current assets 2.036 9,465 Credltors: Amwrrts fall0 due aft•r more than one year Net assetsl{Ilabllltles) 2,036 9,465 Totsl funds 2.036 9,465 The Trustees consider that the company is entltled to exemption from the reaulrement to nave ar. audit under the provision5 Of section 477 of the Companies Act 2C(J61"the Act") and members nave not required the company to obtain an audit for the year in question In accordance with section 476 ofthe Art. The Trustees acknowledge their responsibllttles for complying with the requirements of the Art with respect to accounting records and the pparation of financial statements. The flnancial statements were prepared in accordance with the pro¥i5ions applicable to companie5 subject to the small companies re8ime. The financial ststements were approved and autIrISed for issue by the Trustees and slgned on their behalf by.. ,,L,[ R6.)., Mr M Elms Chair Dato. .2D The notes on pages 7 to 10 fonn part of these financial statements
CHRISTIAN PUBUSHING & OUTrEACH LIMITED N¢)tes to tbe financlal ststements For the perlod ended 30 September 2025 General Infomiation rhe company is limited by guarantee. The members of the company are tbe Trustees names on page l. In the event of the company bein8 wound up, the liabilFty in respect of the guarantee is limlted to £10 permemberof the company. Accounting policies 2.1 Ba515 of preparatlon of flnanclal statements The financial statements have been prepared in accordance with the Charities SORP IFRS 1021 Accounting and Reportin8 by Charities: Statement of Recommended Pradice applicable to charities preparing their accounts in accordance with the Flnancial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20191. the Financial Reportin8 Stsndard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. Christian Publishing & Outreach Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or trnnsaction value unless otherwise stated in the relevant accounting policy. The slgnlflcant accovnting policies applled In the preparatlon of these flnancial statements are set out below. These policies have been consistenily applied to all financial periods Dresented unless otheise stated. 2.2 Goln8 concern The actions described in the Trustees, ReporL have now removed all operational activity and overhead5 in order to focus on charity fvndraisire to fund Christian creatNe campai8ns and communlcatlons. Accordingly. the Trustees remain confident that the charitable company continues to be a 8olng concern for a Deriod of at least twelve months from the date of approval of these accountsand beyond. 2.3 IrKorne All income is recognised once the Charity has entitlement to the income. it is probable that the income will be received and the amount of income receivable can be measured reliably. 2.4 Expendlture Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. All expenditure is inclusive of irrecoverable VAT. 2.5 Interest re1¥able Interest on funds held on deposit is included when recervable and the amount can be measured reliably by the charity; thi5 is nom)alty upon notification of the interest paid or payable by the institution with whom the funds are deposited.
CHRISTIAN PUBUSHING & OUTREACH UMrrED Notes to the financial statements For the period ended 30 September 2025 2. Accounting policies (continued) 2.6 Investments ixed asset investments are a fonn of financial instrument and a initially reco8nised at their transaction cost and subsequently measured at fair value at the Balan sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as 'GainsllLossesl on investments, in the statement of financial actIv[t$. 2.7 Stocks Stocks are valued at the lower of cost and net realisable value after makin8 due allowan forobsolete and slow-moving Stocks. Cost Includes all direct Costs and an appropriate proportion of fixed and variable overheads 2.8 Debto Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 2.9 Cash at bank and in han Cash at bank and in hand includes cash and short-term highly liquid investments with a short matuflty of three months or less frorn the date of acquisition or opening of the deposit or similar account. 2.10 Llabllltles and pro¥lslons Liabilities are recognised when there Is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliablv. Llablllties are recognlsed at the amount that the Charity anticlpates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provlslons are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money 15 material. the provision is based on the present value of those amounts, diKounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Consolidated statement of financial artivities as a finance cost. 2.11 Flnancial InstNments The charity onty has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are Initial recognised at transaction value and subsequentlv measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 2.14 Fund accounting General fur¢ds are unrestritted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been desi8nated for other purposes. I nere was no res[riea Income. expendnure or resuKEea tunds in the current or prior period.
IRisllAN PUBUSHING & OLrnIEACH UMITED Notes to the financial sLitements For the period ended 30 September 2025 3. Analysls of expendlture by activltles All Expenditure items are detsiled in the Siatement of Financial Activities_ Staff costs The were no people employed by the Charity during the current or previous period. The number of employees whose employee benefits {excluding employer pension costs) exceeded £60,OLK) was nil12024'. nil). Total remuneratlon pald Sn respett of key management personnel (including salary, employer's Nl and employer's pension contributions) in the period was £nll12024= £nil} Trust¢¢s' rernuneratlon and expenses Durin8 the period. no Trustees received any Muneration or other benefits12024.. £nill. During the vear ended 30 September 2025, no Trustee expenses have been incurred12024: Énill. Fixed asset Investments No fixed asset investments were held in the current or previous year
IRisnAN PUBUSHING & OUTREACH UMrrED Notes to the flnanclal ststements For the period ended 30 September 2025 Stocks No stocks were held in the current or previous year Debtors due wlthin one vear There were no Debtor5 in the current or previous year. Credltors: Amounts fallln¢ due wlthln one year There were no Creditors fallin8 due withln one year in the current or previou5 year. 10. Cred5tors: Amounts falllng due after more than one ar The were no Credltors falllng due after more than one year in the current or previou5 year. M*mbers' IlJblllty Each member of the charitable company undertakes to contribute to the assets of the company in the event of it bein8 wound up while helshe is a member, or within one year after he/she ceases to be a member, such amount as may be required, not exceeding £10 for the debts and liabilities contracted before helshe ceases to be a member. 12. Related party transactlons The Charlty has not entered into any related party trdnsattSon during the Cufnt or prior period, nor are the any outstanding balances owing between related parties and the Charity at 30 September 202512024: £nill. io