## ## |||||Page| |---|---|---|---|---| |Reference and administrative||details ofthe company,|its Trustees and advisers|| |Trustees' report||||2-6| |Trustees'
responsibilities
statement||||| |Independent
auditors'|report|on the financial statements||8-10| |Statement offinancial|activities|||| |Balance sheet||||12| |Statement ofcash flows||||13| |Notes to the financial|statements|||14-29| |REFERENCE AND|REFERENCE AND|REFERENCE AND|ADMINISTRATIVE|DETAILS OF THE COMPANY, ITSTRUSTEES AND ADVISERS| |---|---|---|---|---| ||||FOR THE YEAR ENDED 30SEPTEMBER2020|| |Trustees|||SCave|| ||||K Good|| ||||D Harding|| ||||N Pope|| ||||G Russell|| ||||E Duncan|| ||||G Fitch|| |Company|registered|||| |number|||00753259|| |Charity registered||||| |number|||227111|| |Registered||office|21-27 Griffin Stone|| ||||Moscrop Lambs|| ||||Conduit Street|| ||||London|| ||||WC1N 3GS|| |Principal|operating||The Mount Business Centre|| |office|||2 Woodstock|Link| ||||Belfast|| ||||BT6SDD|| |Independent||auditors|Miscampbell|&Co| ||||Chartered
Accountants|| ||||Statutory Auditors|| ||||6Annadale
Avenue|| ||||Belfast|| ||||BT73JH|| |Bankers|||Danske Bank|| ||||Donegall Square West|| ||||Belfast|| ||||BT16JS|| |Solicitors|||Hewitt
& Gilpin|| ||||14-16James|Street South| ||||Belfast|| ||||BT27GA|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## # # ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Restricted|Total|Tofal| |---|---|---|---|---|---|---|---| |||||funds|funds|funds|funds| ||||Note|2020|2020|2020f|2019| |Income from:|||||||| |Donations
and|legacies|||110,744|515,598|626,342|609,273| |Charitable
activities||||445,461|223|445,684|336,550| |Investments||||502||502|318| |Total income||||556,707|515,821|1,072,528|946,141| |Expenditure
on:|||||||| |Raising funds||||81,665|180|81,845|25,354| |Charitable
activities||||602,427|372,927|975,354|816,212| |Total expenditure||||684,092|373,107|1,057,199|841,566| |Net movement|in funds|||(127,385)|142,714|15,329|104,575| |Reconciliation|offunds:||||||| |Total funds brought||forward||417,263|105,953|523,216|418,641| |Net movement|in funds|||('I27,385)|142,714|15,329|104,575| |Total funds carried forward||||289,878|248,667|538,545|523,216| ## ## ||||||2020||2019| |---|---|---|---|---|---|---|---| ||||Note||||| |Fixed assets|||||||| |Tangible assets|||||5,198||3,847| ||||||5,198||3,847| |Current assets|||||||| |Stocks|||15|43,219||38,987|| |Debtors|||16|130,531||58,399|| |Cash at bank and in hand||||489,095||451,553|| |||||662,845||548,939|| |Creditors: amounts|falling due within one||||||| |year|||17|(129,498)||(29,570)|| |Net current assets|||||533,347||519,369| |Total assets less current liabilities|||||538,545||523,216| |Net assets excluding||pension asset|||538,545||523,216| |Total net assets|||||538,545||523,216| |Charity funds|||||||| |Restricted funds|||19||248,667||105,953| |Unrestricted
funds|||19||289,878||417,263| |Total funds|||||538,545||523,216| ## ## ## ## |||||2020|2019| |---|---|---|---|---|---| |||||E|| |Cash flows from operating|activities||||| |Net cash used
in operating|activities|||41,705|93,620| |Cash flows from investing|activities||||| |Dividends,
interests
and rents from investments||||502|318| |Purchase oftangible
fixed assets||||(4,665)|(4,309)| |Net cash used in investing|activities|||(4,163)|(3,991)| |Cash flows from financing|activities||||| |Net cash provided
by financing
activities|||||| |Change
in cash and cash|equivalents|in|the year|37,542|89,629| |Cash and cash equivalents|at the beginning||ofthe year|451,553|361,924| |Cash and cash equivalents|at the end of||the year|489,095|451,553| |The notes on pages 14to 29 form part ofthese financial statements|||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---|---| ||||||funds|funds|funds|funds| ||||||2020|2020|2020|2019| ||||||f|||| |Other|income|from|charitable|activities|445,461|223|445,684|336,550| |Total|2019||||322,903|13,647|336,550|| ## ||||Unrestricted|Total|Total| |---|---|---|---|---|---| ||||funds|funds|funds| ||||2020|2020|2019| ||||E||| |Bank|interest|receivable|502|502|318| |Total|2019||318|318|| |||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---| |||funds|funds|funds|funds| |||2020
K|2020|2020f|2019| |Fundraising|expenditure|19,379|180|19,559|25,354| |Wages and|salaries|61,623||61,623|| |Depreciation||663||663|| |||81,665|180|81,845|25,354| |Total 2019||25,143|2'/1|25,354|| ## ## ## |||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---| |||funds|funds|funds|funds| |||2020|2020|2020|2019| |||F|F|E|| |Charitable|activity|602,427|372,927|975,354|816,212| |Total 2019||486,457|329,755|816,212|| ## |||Unrestricted|Total|Total| |---|---|---|---|---| |||funds|funds|funds| |||2020|2020|2019| |||F|F|E| |Auditors'|remuneration|5,139|5,139|4,500| |Legal fees||3,970|3,970|2,462| |Trustees|expenses|1,992|1,992|3,298| |||11,101|11,101|10,260| ## |||Activities||| |---|---|---|---|---| |||undertaken|Total|Total| |||directly|funds|funds| |||2020|2020|2019| ||||F|E.| |Charitable|activity|975,354|975,354|816,212| |Total 2019||816,212|816,212|| ## ## ## ## |||||||||Charitable|Total|Total| |---|---|---|---|---|---|---|---|---|---|---| |||||||||Activities|funds|funds| |||||||||2020|2020|2019| ||Staff costs|||||||313,602|313,602|263,112| ||Depreciation|||||||2,651|2,651|2,977| ||Bible translation|and engagement||||projects||213,301|213,301|170,923| ||Publishing
and distribution|||ofBibles||||434,699|434„699|368,940| ||Trustees expenses|||||||1,992|1,992|3,298| ||Auditors'
remuneration|||||||5,139|5,139|4,500| ||Legal fees|||||||3,970|3,970|2,462| |||||||||975,354|975,354|816,212| ||Total 2019|||||||816,212|816,212|| |11.|Auditors'
remuneration|||||||||| ||||||||||2020|2019| |||||||||||E| ||Fees payable to|the company's|||auditor||for the audit ofthe company's|||| ||annual accounts||||||||5,139|4,500| ||Fees payable to|the company's|||auditor||in respect of:|||| ||All non-audit
services not|||included||above|||2,852|1,367| |12.|Staff costs|||||||||| ||||||||||2020|2019| ||Wages and salaries||||||||333,935|236,677| ||Social security costs||||||||30,587|18,269| ||Contribution
to defined||contribution|||pension schemes|||10,703|8,166| ||||||||||375,225|263,112| ## ## ## ## |Directors|| |---|---| |Office 8 support|staff| |2020|2019| |---|---| |No.|No.| ||12| |2020|2019| |---|---| |No.|No.| |2020|2019| |---|---| |No.|No.| ## ## ## ## ## ||||Fixtures and| |---|---|---|---| ||||fittings| ||Cost or valuation||| ||At 1 October 2019||7,690| ||Additions||4,665| ||Disposals||(561)| ||At 30September 2020||11,794| ||Depreciation||| ||At 1 October 2019||3,843| ||Charge for the year||3,314| ||On disposals||(561)| ||At 30September 2020||6,596| ||Net book value||| ||At 30September 2020||5,198| ||At 30September 2019||3,847| |15.|Stocks||| |||2020f|2019| ||Finished goods and goods for resale|43,219|38,987| ## ## ## |||||2020|2019| |---|---|---|---|---|---| |||||f.|| |Due within one year|||||| |Trade debtors||||102,684|18,666| |Amounts|owed by group undertakings|||14,691|21,881| |Other debtors||||10,134|11,121| |Prepayments
and accrued income||||3,022|6,731| |||||130,531|58,399| |Creditors: Amounts||falling due within one year|||| |||||2020|2019| ||||||E| |Trade creditors||||30,592|2,731| |Amounts|owed to group undertakings|||15,000|6,000| |Other taxation and social security||||15,492|9,523| |Accruals|and deferred|income||68,414|11,316| |||||129,498|29,570| |Financial|instruments||||| |||||2020|2019| ||||||E| |Financial|assets||||| |Financial|assets measured
at fair value through||income and expenditure|489,095|451,553| ## ## |Statement|offun|ds - current year||||| |---|---|---|---|---|---|---| |||||||Balance at| ||||Balance at 1|||30| ||||October|||September| ||||2019f|Income
E|Expenditure
E|2020| |Unrestricted
funds||||||| |General
Funds -||all funds|417,263|556,707|(684,092)|289,878| |Restricted|funds|||||| |Community|Bible|Experience|3,106||(3,106)|| |Other translation||projects|6,156|8,536|(7,814)|6,878| |Other Restricted||Funds|5,'I 86||(269)|4,917| |Childrens'|Luke /Acts||8,550|20|(8,570)|| |Refugees|||2,165|84,688|(86,853)|| |Accessible|Bible||4,000|1,193|(2,705)|2,488| |Ukranian
Translation|||9,830|37,263|(39,964)|7,129| |Italian Revision|||7,279|||7,279| |Romanian|Bible 8 Study Notes||(1)|6,367|(1,903)|4,463| |East Asia|||57,446|210,022|(58,940)|208,528| |Croatian
8|Farsi|Translation|663|24,743|(20,536)|4,870| |Polish Old|Testament||755|||755| |Turkish|||818|542||1,360| |Continental|Europe|||102,737|(102,737)|| |Millenial||||24,885|(24,885)|| |Russian
Bible Revision||||14,825|(14,825)|| ||||105,953|515,821|(373,107)|248,667| |Total offunds|||523,216|1,072,528|(1,057,199)|538,545| ## ## |19.|Statement offunds|(continued)||||| |---|---|---|---|---|---|---| ||Statement offunds|- prior year||||| |||||||Balance at| ||||Balance at|||30| ||||1October|||September| ||||2018|Income|Expenditure|2019f| ||Unrestricted
funds|||||| ||General
Funds - all funds||330,016|598,847|(5'I1,600)|417,263| ||Restricted funds|||||| ||German
Bible Translation||5'/3||(513)|| ||Community
Bible Experience||870|6,236|(4,000)|3,106| ||Other translation
projects||8,852|22,033|(24,729)|6,156| ||Other funds for work|in China|10,905||(10,905)|| ||Other Restricted
Funds||5,186|||5,186| ||Swedish Translation|8 Study Notes|45||(45)|| ||Childrens'
Luke IActs||37,082|14,648|(43,180)|8,550| ||Refugees||19,751|17,469|(35,055)|2,165| ||Accessible Bible||(3,232)|36,133|(28,901)|4,000| ||Ukranian
Translation||6,110|42,048|(38,328)|9,830| ||Italian Revision||2,543|29,260|(24,524)|7,279| ||Romanian
Bible 8 Study Notes|||13,138|(13,139)|(1)| ||East Asia|||128,726|(71,280)|57,446| ||Croatian
8 Farsi Translation|||18,'l46|(17,483)|663| ||Polish Old Testament|||12,375|(11,620)|755| ||Turkish|||5,248|(4,430)|818| ||Continental
Europe|||1,834|(1,834)|| ||||88,625|347,294|(329,966)|105,953| ||Total offunds||418,641|946,141|(841,566)|523,216| ## |||||Balance at| |---|---|---|---|---| ||Balance at 1|||30| ||October|||September| ||2019|Income|Expenditure|2020| ||F|F||| |General funds|417,263|556,707|(684,092)|289,878| |Restricted funds|105,953|515,821|(373,107)|248,667| ||523,216|1,072,528|(1,057,199)|538,545| |Summary|offunds - prior year||||| |---|---|---|---|---|---| ||||||Balance at| |||Balance at|||30| |||1 October|||September| |||2018|Income
f|Expenditure|2019| |General funds||330,016|598,847|(511,600)|417,263| |Restricted|funds|88,625|347,294|(329,966)|105,953| |||418,641|946,141 i|(841,566)|523,216| |Analysis|ofn|et ass|ets|between funds - cur|rent period||| |---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total| ||||||funds|funds|funds| ||||||2020|2020|2020| ||||||F|F|F| |Tangible|fixed|assets|||5,198||5,198| |Current|assets||||414,178|248,667|662,845| |Creditors|due|within|one|year|(129,498)||(129,498)| |Total|||||289,878|248,667|538,545| ## ## ## ||||Unrestricted|Restricted|Total| |---|---|---|---|---|---| ||||funds .|funds|funds| ||||2019|2019|2019| |Tangible|fixed|assets|3,847||3,847| |Current|assets||436,987|111,952|548,939| |Creditors|due|within one year|(23,571)|(5,999)|(29,570)| |Tl|||417,263|105,953|523,216| |22.|Reconciliation
of|net movement|in funds|to net cash flow from operat|ing
activities|| |---|---|---|---|---|---|---| ||||||2020|2019| ||||||E|| ||Net income for the|period (as per|Statement|of Financial Activities)|15,329|104,575| ||Adjustments
for:|||||| ||Depreciation
charges||||3,314|3,719| ||Dividends,
interests|and rents from investments|||(502)|(318)| ||Decrease/(increase)|in stocks|||(4,232)|22,357| ||Increase
in debtors||||(72,132)|(12,657)| ||Increase/(decrease)|in creditors|||99,928|(24,056)| ||Net cash provided|by operating|activities||41,705|93,620| |23.|Analysis of cash and cash equivalents|||||| ||||||2020|2019| ||Cash in hand||||489,095|451,553| ||Total cash and cash equivalents||||489,095|451,553| ## ## ## |||||||At 1||Ai 30| |---|---|---|---|---|---|---|---|---| |||||||October||September| |||||||2019|Cash flows|2020| ||||||||F|| |Cash|at|bank|and|in|hand|451,553|37,542|489,095| |||||||451,553|37,542|489,095| ## ## |Annual|Annual| |---|---| |Amount,|Income| |(504,834)|(504,834)| |(504,834)|(504,834)|