Registsred number: OQ7Jf3259
Charrfy number: 227111
BIBLICA EUROPE MINISTRIES TRUST
(A cornpany limit9d by guarantee)
TRUSTEES. REPORT AND AUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 September 2024

BIBLICAEUROPE MINISTRIES TRUST
(A company llmited by guarante¢l
CONTENTS
Page
R6ferenrA anl admlni8trallve c&)tslls Dr #hè QJryJ￿y, it5 Trusle*s and advlsers
Tru5tees' rapc*t
Trustees, iespon&bJlrti8S stalemgnt
Inttopertdènl audrk)rs' 1oFx)rt on the fina￿181 strAements
Slalement of financMI ac11v￿g8
B&lance sh2el
10-14
15
Slal8menl of ]IowE
)ta8 (o Ihe ￿nan￿al Stat￿￿ents
16
18
Ig-33

BIBUCA EUROPE MINISTRIES TRUST
IAGDmpany limlted by guarnntqèl
REFERENCEANDADMINISTRATIVED&JAILSOFTHE COMPANY.JTSTRUSTEES AND ADVISERS
FOR THEYEAR ENDED Y) Septemb#r2024
Trustees
John PF8sts)n
Daria Nowkova
Mark Pugh
Th&rè3a Stono
Stetthen Civè {Up to 28 February 2024)
DarrHJTh Harfiny (Up to 13 Juné 2024}
Caieth Ru588Jl {Up lo 13 Ju
Z024)
Gillign FilGh (Up lo 28 FebNary 2024
Company rogistaréd
nu￿or
00753
Chtyity
regj8tgY•d
221111
R•&dstered office
21-27Grlfih Stor
M060rop Lambs
Gomduil St￿t
London
WC1N 3GS
Princlpal
operatin9 office
Th6 mo￿nI BusSness CenÉre
2 WoodstcKk Link
Bolfa5t
BT6 80D
Indwhdent
auditor5
Davié Hoivard Charlerad AccDuhlanlG
1 Park Fioad
Hatnpton lfjlidc
Kingston upon Thames
KT1 4AS
Dansk8 Benk
Donc4al Square
West Be4f8St
BT1
BankErs
Soli¢itorn
Hewitt & Gilpin
14-16Jamos SEreel 8LThJlh
aelTrast
BT2 7G4
PwJ& 1

8*LICA EUROPE MINISTrIE3 TRUST
IA cwpany liTh¥ted by guaranteè)
TRUSTEES'REPORT
FOR THE YEAR ENDED 30 Sèptembèr 2024
The TrustBe5 WpEent their annual reporl togglh@r with the audited finan¢ial stalem&nl8 of lh8 t￿nY
foi the pviod i OGtob6T 2023 10 3Q Septembw 2024. Athnual repoil seryes the purposes ol
Trusteeg, report and 8 dir•ctotB' report undwc0K￿￿ny law. The TrLtslees ctsnfirm thal th6 Annual report
and financial slatsmènls of the eharilable wmpansi hvith th8 Gutrenl 818tutory requirerneh15. the
requirem¢Thts of th& IharitatrAe Gompany's 9LwEining dOeL￿Ent and the provisic￿S of tho Stalemet)t of
Re￿mIlleNjed ISORPI gKplrcable lo cNiri1￿ preparing their ￿cOl4)Is kn 8ccordance imjlh th6
Flnanaal Reportlng Stsn(latd appli(able the UK and Republic ot IFeland IFRS102) lelfeclive 1
Januty 20191.
*nGe the COMp￿Y qLL4lrfies a$ Smal under section 31Y2 of th• Cotryanles Att 2C¥J6. the SlrBlegic
port rer4UprerJ of fflèdium and lerye Wmpani8￿ uThJer the CompaThios Act 201% IStra(Eglc Roport anrj
rAreclors Report) ftt4wlalK)n5 2013 has be*rt orniltod.
The Iru8lees. who a*E a150 d1￿ctorS of BI￿lca Europe ￿hnl51r1e3 Ttusl lor the purp05es of co￿panY law
who solved during lh$ year and w>to th¢ dale of repDri, excepl were stalpd a
JO￿ Presto
Dari8 Novikov?
M*k Jljgh
Thsrssa 8tDne
StEphgn Cave (Up to 1 March 2024)
Damw Pldrdlng {Up lo 13 June 20241
Gareth Russèll Cup ts13 June 20241
Q1￿.an Filch (Up 10 1 Marth 2024
Charily Registration NLvnb*Jf is 227111 and the c1)mp￿ty reg￿traIN)n nurnbtt is Oo75328Q
IErylarxl and W4￿).
The re&slered offlog addre3$ is 21-77 Grlflln Stone. MoEcrop Larr￿￿. Gondurf( SlrGgt LondoTr. WC1 N
3GS.
ObJ•Gtlves and adiwli8$
Obiectiva•
s an organisallon, Biljlica its corn￿.1ted to IxeakTn9 down barrigrs lo 61t4è Poverty. Ti*re are three
tnain ways this k achtsved.
li rianslatK)n whgre thfr Brble is Irar￿latEd into rolevanl and reliable fonnals
21 DaBlgning And wir￿vatIng Scripture rèsources for tr05e who Treea them rnost and
81 P*th8ring w￿h orgalllsal￿S around tho wo1￿ who are VK*￿ng &t Ihp fr￿￿1n2 of Ihe Gospel.
Ix Strat*3las k4r achlovin9 0144cllvès
of the. rasources are now dlrected lowards four ￿8s1or￿1 ptiorltles wh￿h are TransPatKhY. Innovalb)n,
Mirristry Equippifig. (fiME? Ali Pmjects are ds8ignel to feed into one or rnoie of th￿ pill*s.
Page 2

BIBL￿ EUROPE MINlStRIES TRUST
IA comp￿¥ Ilmlt•d l)y guar￿1￿}
TRUSTEES, REPORTICONTINUEDI
FOR THE YEAR ENOED 3LI Saptèmbgr 21124
otJJecti¥e5 odvlties IGontinu•dl
. Aellvlties Uhdwtaken to 8c41leYg ¢bJectlves
TranslatioD
Ukrainlen tearn Is rAoc8edir@ ￿th the $ecoThJ dr3ft of thÈ Tèstsrnenl close lo
)tetion, The situalan ￿ Ihe country has be£cthe ￿OrSe. as atlaeks h8ve reath6d all major citips.
even al Iho far WSèlÈM si(Je ol the (x)unty. Eléctrtcity and I nterTrel availablB MIY rJLwirKJ cortairs
Fbjuts, rK￿ethelesS Ihe) loam continues ui thelr effort5. The coThklant pressure of livtny ir) o war sihJaliDII
Is c￿￿18n91￿_ ConlÉitts with Iccal churches will IR imprxtalll as we are enlering lh& stage of the
Conimunity ChecL Tht tAan is stlll lo have thè text r6ady to lum ov8r to Tèchnokjgy ream by
Sep1thnbe.r 30. 2025.
The Turkish TeStarn￿ for Turk8 heve been h¥inu in Europe for som8 time has gone fg prinL
The 5bvenlan Teslam8nL Psalms and Proverbs i6 expected tr) reach GothFAelicffi by Ihe autumn
of 2025 arAI Tèady lo print bèftye Chri&trn8S that ypar. Wle'v6 had extrem8ly pwilpde leedback from our
pYo(bfresderg.
The Gosp61 d Mark in C￿ter￿tsrary Itallan ￿1th k)ts of footnotes to m8ke bad(grOUr￿ infcrfnwlioTr dBar
lo thè rgadgr has i)wi oThpletad and is part of the nèw liallan NT.
The Persian Contsmporary Bibb beSng r8Vi59d and to be putylitshd soon lfiis¢ Ihe N£w Tejtarnent,
wltli the full oible FN)ssibly in 202&20261 in tuopwatioTh witn Transform Iran. inttlu1￿ng a dlgital format.
Th￿ IruAglats'on will be used &$ a sourcetextforsev&rydl Lqnguagos in Iran thal do have a tsznslalion.
Ukralnè.. rhe. war has ch8nged rbadeishly wllÈrns: wlth a Iwvofold Incttrase in dally re8ding. The ktesl
rpsearch oonducled by tho UkralNi8n Book Inslitule and NGO Book fDfum shows a significant grov4th iki
tpading. Surveys revpal a nolable i￿reaSO li regular re8d8rs, 17YD reading dally (do￿[￿e-l01￿
iThcrnase ¢oryiaMng lo 2tr20> 1WA readir)u several times a week, tc4aling 36./0 OT rqgular readerB,
Thi8 fi'gure had remained sleédii at 2Ph over the past years.
kthubh@
IYT
-ukr
Innovaiio
FY2024 was a key yeaT for many of our ¢*Jital inibatives in thè Eumsla. Digital pailnoryhips o)nlinued
ED t8ke Ehap8, antJ a few rÉ8oyJrcas w¥re devèltJFEd lo hèlp 9mpow¢r partners ithgilally. INe WQYke<f in
collabDratlon wilh SRG to launch Single La￿uage Bible Apps for some DI their Iranslalions like Llbyan
Arablc. A5 hr Bibllea I￿an￿all0￿$. MENAIEurn8ia now Ph85 25 Language Bit4& Atvs with around
ieAIK U&8f5. Highest user app is Aratri¢ and then 2wKI Is Ukmwl￿n. BlblKa Study BiNe was dso
launthed, and we ac4uired som8 users In the MENA reglon specifically42K users from Euypl li FY24,
More ReaGh4Life Arab￿ V￿e0 episodas were prodLEced in FY24 tD act as a cOM￿ni0n thgilal conlent
to Ihè book aThd app and lo be usad on soG'ial channels. These episodes will also be dubbèd In
other kwrwages liko Farsl tg 8eT¥e diffarent avdiences within th£ MEfqhJ F￿a51a reoion.
Mlni¥try
In the CL¥rent tln8mc￿l year. we have ha￿ sevaral evBnls an¢J resources whSch hav6 Ii*ed u6 deepgn
r re131ionshipÈ y￿th partner
Page 3

BIBLICA EUROPE MINISTRIES TRUST
(Acompany Ilntrtgd by guarant0•
TRUSTEES. REPORT (Co￿r￿vED)
FOR THE YEAR E14tJED 30 Sept¢mbèF 2024
Partners Gathgrlng- BèatMberg 21124
In earty Septembtt ive hokl annual ELffas18 Pgrtners Gathéting in Beatenberg, SwitZBFlaThJ. We
8d roFfftentativ&s from 20 ttwnrdlry partneIs and pubil8her3 from across Eur&sla.
Thi5 yÈai we had the privlle9e of h£1ving ropreSentat￿e8 from Sieiger MiTrislriv8 ￿ad Our moming
d&vollor)$ 31)d sh8rg eXPBrr8fhCQ of wijrfring With S￿bal YouEh CuKure_ Their prasénce had
signiffcanl imp&Gt on th8 8veni ats heard IhgY si¢Ky of through trauma ofiwar.
Rawè8enlallva8 frrjrn Mi53icY E￿ra$￿ are in the 13 former SoviÈt rjrnion ndtiorbs were 8Js
p￿8e￿I AIL55K)n Euros￿ are onB of most ie8pe¢led ministrlès iwolk.￿ in the reglon reathing oiiw
1.5 Th￿1[10￿ peopl& saoh thq'th scriFlures. We war& grakful lo them allgnd and explor
opportunllig$ w*err4 &2n WGfk togethtsr. PlaMing18 thewJy unden¥ay for (wr 2025 G31Wlng.
tIlTrtnoss Qospg1$
(￿8 of the resowceè which Gonlinu8(P to 9row irb imp4cl roacth is our iWitTress G(Wel. Origiiially
dgyeloped In partnership wfih Hope TogelhGr. ¢Wilness Mark is 41 it's 4th re•rinl aFyJ also being usad
Hor* foi Every in Ireknd. We ar8 ge¢tlng mfffjy sturies from ohurche& 8cr0s3 the UK atKI
Ireland who are uslng this ￿ thgir ¢x4trEaGh.
One exrating deveknpm6nt 13 to PtDcluce s $wcia LoThJon pdition of. the G08pel of Mark lor a £ty￿ide
camp4ign ￿ 2025. Hope Yogelher in parknersNp with Share J68Us Inlemétional Inviting chLvches
acioss London to an outreach to bring the Gospel to thè ￿oPlE of London. There are alread
500 churchès regstered for Ihk8 and our &6poI of Mark will ￿ the scrlpture resc>urc# beirpJ used.
Ukrnlnian Traum• H&allttg Tralnlng and Lautscll
The highlight in this cuironl fknanc*l yoar ha8 be8D the laurw of our TraL4ma healng proyrgms in
Ukrane. Following on from the inllisl evbhl in Poland in March w& offioally laLmched pur Ukralnlan ACT
progTanTrs In Bukov&l. Ukr21ne ￿ the 15th - 19th Oclober. We had 32 leaders frorn 20 difFerenl
churches and millkntries as well a8 8 rewÈerrtaUve5 f(¥ 6 of the Thwlogic31 Sernin￿e$ Ukraiii&.
We mel kn Ihe Ukrainran rnOUnf4ii msorl of 8ukovel whlch was a gmtk*etion for Ihe evenL It provrded
sal6 and peaceful retreat for the rfjinistry le*Jgrs. most of whom F)ad travelled frern sonie (rf th
Easlgm Ironllln& reg￿n8.
As ali (*rtcctha of the trakning, ￿ have been able to start pik)t wlth séveral uf the ministries
and chui(*E*S represer￿e0. All p£¥ticipants empha8ized again tho) immense need for Trauma maleti?l.
The ThwJlofjical SeMin8rifr8 ¥e dso intoirest6rJ in oltering tho ACT resourc9$ lo thelr students and
intsurzlir*4 a training pwram Into thelr coun¥eHing cwrses_
TFib yew has been ch&ract(xiz& by deepenlng partnErshlp relatlon8hips and collaburalir)ns. M has
bgen a prlvABge and joy lo conbnue to sewe God in this role and see hL7W indivtduol and wmuniliets
ar& being impacled by His Wonj.
Ewipplng
The charity continued to rÈaGh now users thrwgh Mry-prinl BjtrAo rè3ourc05. The ch*ity reached a lotsl
of 837.￿7 users (20￿-450,945l &xperi8r)cwJ ID,402,f15 11,378,598) enGounttr5 via priTrt and
noTrpiinl respedively exdudin9 lic8nses. It was on¢ourwJing to 59e. such a v(Aume of On￿￿nter5 vAlh
the Word Df God. of wjhich 8.8 ill11￿0￿C2023-1f.5 tniifionl werè thioLJgh non-pr1￿1 making a reat impattl
in paople's livos. Wè arel grntsful to our part￿ets, who are inslrutnental in Bible distrlbtstion Yar[0￿5
languages

BIBLICA EUROPE MINISTRIE8 TRUST
IA company Ilmlted by gtsarantge)
TRUSTEES, REPORT ICONTINUPOI
FOR THE YEAR EJWDED 30 September 2024
IllumlPJatlons
In lh¥ financial yéar iirykr revSew. Ihe ai)nu81 in.PerS￿ ilknmlN8licThs Europg gathering in May for
tho Weyious y8ars ￿ld not take place. A thfferent 5tretegy iiyas adopte￿ for the 2024-25. Dinnew6 in
B6lfasl ai* lond￿ have bsen p1311ned inste.ad weekend B￿￿t.
Achievèmènts ￿rfOrmanCe
A. Incomè and EX￿￿dEt￿¢ rovigw
Th3 Trustees are thankfjul that the Charity Iw$ had sum¢l()nt lurkling and rèserves to wtinue ils work
Translatiotb, Innovati(M. Mlnlstry and EQUIpp￿g. duriw tho under rèvtew. Our pgrent comp*ny
BibliGa I nG. ca)nthu￿J to support the charity ivilh funding Ictr m801 cole and non-core costs for thEs year.
Total introine was I￿er than the prev10￿% year at £1.504,354 {2023.' 21.968,9911. The charity had a
Lknfictt Df £&1.045 in the Y￿r, {2023: a dfjficil of £105,0381- TIu51ees ate graleful and Iheji sincor8
Ihai)ks qu Lo Bll those indivldLt815 and grBnt making (*ari16e$ who trjave so gen8rously supwrted ￿lf
ministry,. Wo give tTrMnk5 for the testl￿nieS that many Inies in Ihè UK. Europe and around the world.
cantiNie lo be e)nr￿h0d and trartsformed through the Chatily'¢ actlvllies.
Financlil révkw
Goln9 Goncern
After makSitg aPWDpriate ￿qUir￿, the Irts$leB9 ha￿ a reag)nable eXp￿tatIon Ihst Ihp coryany has
adaquale resourc&s lo coiittnue in operational exL%tenc8 foi the foraseeable lulure. For this rEason,
Ihey r¢Jnllnue to adopt the golr)g Cc*￿￿M basls In prepariThg Ihe financial statemènts. Furih8r delaS1s
regarding the adoptbn of the g(4ng concern basis ean be fDLtnd the Accounting Policies.
ty. Re¥erves policy
The trusleES rowewj the charity's rasér¥e5 reyularly In Iluht ot Charly Cwimission guidan￿. The
reserves ol ihrs Charity stocKI at £445.8 17 at 30th September 202412023= £509.8631. As delaihjd in
Ilie noltss to th8 L￿counts, £76,2&912023: £145.1471 ofthtrse ras@￿eS are restr￿ted funds and £369 918
I2￿23. £364,71 ei are unie51ricted fund& The Charily endeavourg b kè9p gufticienl fvnd8 to be abie to
resp￿￿ 4uitkbJ to SPe￿fiC needs or disasters. li 6 th@ view of. the Trusle¢s that Un￿$tr￿tr9d IuThds 8re
at an appropriate levèl. The Truslees conffimi Ih#l the Charil¢s assets are awailable and
adoquate to fulfil the obliga1tor￿ of ts Charity.
Molerial investmants policy
The Cttarily rnalnI&ir￿ gurplus cash in adeposil a¢￿unt with Ch8rity¥ b3llkeTS.
d. Financlal risk managomèfjt obityLtivg¥ and pvlicl•$
Th8 tr￿￿es have a tlsk managemént strategy Ihat includes an annual r@v1￿￿ oflhè princip81 rith5
Unc￿taInl1&s(S￿ng the thamty and tho e5tsbllshtTenl of wltcies and pro¢vdures to mitigatè rl$ks.
The chariLy op6rths ￿ ￿annI1￿ and bL*Jgeling syslem an aMr)ual bud￿1 apwoved by thè tr￿ard of
tNsle68 and Ihf global board. A finandal reporting system mon￿0￿5 lh2 incoma and ¥xpendilure of the
¢haFty apinsl the b￿get, A règister of the rlsks fa¢ed bs1 th8 charity i% malnl8iwd, idents"fykng the
tsifeieg¢ and opèiational risks facEd and how lley are being mansged.
Page S

EUROPE 141NISTRIES TRU8T
companyllmltèd by guarankè)
TRUSTEES. REPORI ICONTNUEDI
FOR 7HE YEAR EMDEO 20 septatt￿)￿r 2024
8lructure. wjvfjrn￿Ge and mqntyeM*nt
. Con$lltuthn
Biblica Ewopp Mini4lrles Tiugt Is r8ol$tered as a charitable cclnpany Ilmited by guar*Trlee and was $8t
up by a Mf)mtyandum ofA5SCti4ti0n.
The company rs coN8tsluied under a Men1)rAnd￿TI of Associallot) dated 0710W2012 and is a iegstsred
tharity nurt)er 227111.
1% Methods of apptslntm•rbt or eledion of Trust8•¥
The m￿ageMent of the comp8ny Is lh8 rFJ8ponsltAh'iy of TiustW6 who are b[￿led and co-opt
under the lems of th& Memorandum of AstsoGiat*)n. Tiuslees are recrLNl&d and appointe￿ by Ihe
men)bers al 8oar(l Meetliigs whwte Ihgy are deem8cl to possw the exr)¢riorKe and skjlb fftquirèd to
pgrform the rob ol a IrustEe.
. OT9thsatlortal strnetlAt• V4nd da¢lsIon￿nakln9 poltries
Bib￿3 is a 200-year4YrJ charlly that transLgtès and p￿Ipshe$ Bible in tl* world's lop 100 Napr
Spoken lanyu8ges. Bibli¢a currently $8rves in 55 ￿￿￿trEs. rwJ¢hknp thfjn 100 ppq)lé wrth
God's Word wery yoar, Tha IxganBalh)rt IS tW traTh8lation swrtsor ¢￿the Inl@rnational Versio)n@.
BibJic¥ also offèrs wcgrathrvE5 rFJsources lo churches and mini8trio5 halpino thorn engage mue
in SthplutE. for life applicallon and IrBnsfom)aliw.
d. PoWlele$ adopted for th• Inductltyn and tratnlny of Trustees
All Iruslees are CDnylderod bj be higl)W exp9rignoed atml skIl￿d indlvi(iuaLs. Training ig prDwded ￿*19
Considered ne¢e88afy.
. Pay pdiey foi key management personllel
Salaty I￿elS for new Staff posilions are di8CtsSsed and 04]reed attime of appo￿t￿￿t and aro subjecl to
apptDval by the regional VP or apprc)prial6 member <4 the organkqalim's Global Senior Leadership
T8am FaGtor8 inclL*JSng geograph￿￿ bethlioy: level of PO¥Ation Ievtst ofmanagemenl responsibility
are laken Irilo aGGwnL Slaif salaries ar$ ￿vIeW￿ all 4nllual basis as of tht PerfoTrnance
Revi8w Process loi 811 &iblica Slsff, and ¥wh@rè apprcyriale, agreèd incremwts are added to ￿￿ount
lor perfoirnance attd prevailiry rate5 01 infiath"On. SaL4ries aro a150 reviewed more genernlly al this tlm&.
and any maiket l¢vd sdju$tments required arè noiad anu aPPrDv￿ by Senior Leader8fw T8arn.
f. Rdatad party r￿a￿onshIpS
8iblka Ino. isthe p8wl ttonyany and s'clè rnemb6r c)f &blEa EurDP& Ministrles Trust (BEMTI. Dun"IbJ
t￿ ￿&r. Bib￿.￿￿ Inc. provided funthng tolallng £396,725 12023,. £420,3481- Al year end BEMT biias
owerl £4,929 12023.. nll} by Biblica Middle Èa8t & North Ath"(a and £4.172 by B￿[ica South
AsL4{2023',nil)
(he of Irusletr5, a8 Irusteo up to 28 February 2024: has y￿e1ve￿ remuneralk)n from
the Charity. as is Perrnitt￿ ¥y Ils artlGles, bul this 15 not it) ￿SpeCt Df w￿k for1he Charity and c03ts
arè fvlly Tgirnbursed by Bibli￿ Inc.. so the payrTienl aTrd receipt crf these 3moLW)ts is rell￿tea in the
Siatèmenl of Flnancral Activiies.
Pa￿6

BIBUCA EUROPE MIMISTRIES YRUST
IA¢ompany l1rn1￿ by guardntée}
TRUSTEEY REPORT ICOIITINUEOI
FOR THE YEAR ENOED 30 Saptèmbtt 2024
¥trN¢lvre. governan¢g and managèTrient {contEnued>
. FinanGial ri¥k maD4goment
The Trustees hav& assessed lh* malor rfsks to Mthich the company is exptrS￿. in p￿lIcul5r Ihoso
relal¢d lu Ihe operat10Tr3 and Inan￿$ of the CDnipsriy, and are satisfied Ihat 5y5tams atMJ
proGBdure3 are In plaGe to mitigatg exposure to the major rlsks.
h. Plans fur luture pgrlods
Wg pl¥n to contlnue wod<ing pathe￿ in our regioii tè proijide prinl and digilal rasources in
Russian. CARS and Farsi. We are already working on a Russian Iranslalion ot the Tr8a¥ure Hunt
Bible and ad8Ptation of th￿ Follow Book Gospel of Luke for Gentr&l Asia.
We will work Glose th* gap befv¢een thp availability of Bcriplure s novi have a viable mod8Fn
tr£nslatknn than preViC￿￿￿}, and thoso communi1185' access Ic scripture {l.e.. 18 it posslEAe for
pecW& to own J r&ad I hoar I w8tth the Blble in th￿1 language}. Biblica. In pertnershlp with Faith
Comes by H2aiiTrg. Ofte Hope. and alble Medra Croup. are 8eeking to pilol an InI￿atiVe to raise
the profile of thi5 gap atnung investor$, and ulilmately close Ihts g&p fhrouoh stmlegio partnerships
& pro1￿ts. rhe 'Close the Cap Alli¥nct' wlll serve global mi5SlOtI with ScriptLLre r¢*ource5 in th
worliJ'$ most rè$triGted, most r￿n￿le, an(Y vrn<ler-resour￿d countrf8S. GommUn￿"e3 & wions.
W8 ale aLgo plannlng for a @gnific9nt ￿ptUre impala arrjong Mustim pt￿PIe iii (wr region. This
ill anabla our partnor8- In(%vding East European Mission, TwtsCA, Ghtral Nomads, OM, R&vi¥21
Ministy. Doors, and Othors - lo engage some of tho least-reachad peoples Df our region
wtEh Scriplule - ÈspeciBlly TLwks, Arabs. Central Asians, CaucasIar￿ and pakista￿8.
Fund$ hold a$ eust¢xlian
bio fund3 held a5 cUSt￿j1an,
PJiembers' liablllty
The IILymber5 of the company 9uaranlee lo corktiibute an amount not exceedir¥J £10 to th& assets
of the company in tho ev8nl of iwnding vp.
Disclosure of Into￿￿￿tk)n to wditors
Each Df the persorts who aro Tru61ees at the timè N¥hEn thia TnJst8eJs' roport is approved h
confi'rmed Ihat:
$0 far 88 Ih8t TrLIBlee is Awaft¥, Lhere is no relevanl audit information of which th& ¢harttYs
auditors ar4 unaware, and
that Trusts? has takfjn all thts tsteps Uiat owht to have beètb taken ag a Trustep tn order lo
bg aware of any relevant audlt Informabon ar)d lo establish that the diarity's audilor5 t1re
awar& of th81 iiilormalon.
Page 7

BIBUCA EUROPE MII4IISTRIES TRUST
IA Gompany Ilmlt•d by gu4ranteÈ)
TRUSTEES, REPQRT (eoNnMUED)
FOR THEYEARENDED 30 Sèptgmber2024
Au(*tor%
Th& atsdrtors, David Howard, havfj Indicated Iheir winingnoss to continue Sn office, (JE3ignate
Tmst8as wlll propose a mob.on reappDinting the audltorE at. a meelin9 Ot Ttuste&ts.
ApprDved by rwjer oftho mgmber8 of the bo8r4 otTru$tees and ￿gned on Iheir behall by..
J Presto
T stone
{Chalr ttf TNsleès) Da*e=
'21r
(Trusloe) Dale.....,,......
0311212024
Pagf& 8

BIBLIGA EUROPE VINISTR1£5 TRUST
IAcomp8ny limited by uuwaniep)
STATEMENT OF TRUSTEES, RESPON81BILtTIES FOR THE YEAR ENDED 30 Spy19fflb•r 2024
Thé Trustees (who arp Also tha direelc*B of tha GQtnpany for thp puipose5 of compaiiy law) ar
rasponsible for prep4ring the Trustee8' report alld the fin8nclal ¥latements in atscordance wlth
applicable kaw and United Kingdom AGcDufbling Standarols IUnll8d KIngdC￿ Generally AC￿pIed
Ac¢ouTrling PrAtttiGel.
CoMpa￿Y law requlrèy the TNistBas to prepare Wnanci81 ststtsmenls for each fi'nancial year_ Under
tfjmP8ny law. Ih@ Tnjstees mu51 not apprDV& the fillarKial stalenients unlèss Ihey arg satiSf￿d thal
they give a truè ELnd fair vlew of the stale of affairs of the cc>rnpa￿Y and of its incoming resourc£> and
8pplicatlon of resources, Includin9 its ifieome and expendilurs. f(K Ilial period. In prgparing these
financkl *otEments, the Tiusteos artt required to:
solfjcl sultsble accounting pulicle8 and theTr 3Foly them conslsterntL¥',
olJ50PVe the melliods and principl8¥ oflhe Charities SORP (FRS 1021,.
make judgmen18 ￿cl 8ccDyThting estimates Ihat are ￿s8onable a￿d prudont.,
slate whether applicaNe UK Accounting Slandard8 (FR8 1021 have beeY7 follwéd: subjo¢l to
any matatisl departures digdosed oxplainé¢y Ir) the finanrAal 3tatèmenlts;
repare the financtal statements on thè going c￿Ce￿n ba&s unless It is inappropriatg to
presurti& that tho cornp8ny wdl cwlMve in busines3=
The Truste08 are responsible for keepillg &dequate attwnllng reGords tl?at are suffid?nl 10 8how
and explain the compan*$ Ir8p*aclions and disc1058 willi reasonablè ￿CUracY al any tsme tre
financial PDsiIK)n of the CCI￿panY and énable them 19 ensur2 that the I'inan¢lal $talements cotnply
ith Ihe Companies Act 2006. They a180 responsible fDrsafeguarding the as8ets ofth& Gompary
d hence for tsking reasonable steps Tor the prevBnts"on and rjeteclion of fraud and olhei
tregularities.
Approved by ord9r of the membbrs of Ihe board of Trustè&5 Èncl signed on 118 behalf by:
J Proston
(Chair of Trustees) Date- ..
Pag& 9

BItsLICA EUROPE kllNISTRIES TRUST
(A eompahy limitéd by guaranteb)
Ir¥Jepena•nt Audltt)xs' Report to the fal4mbers ol Blbllcq Europe laiDi$trlos Trtsst
W8 have audited tho IlngnL*al stalernenls of BibliGB Eurqje ￿nIS[rieS Trusf ft)r th6 year ended 30
Seplembw 2￿Id thich eonprise the 5ta16ftknl of activltios, the balance shael and the related
tes, financial reporllng framExvDrk that ha8 been apP￿ed in Iheir prepar41.on is appWts8bie law 8nd
the Finan¢*l Rewrtlng Stsndards ￿CIL¥jPng FinancL41 Reportlng Slanaard 1Q2.' The Flt)&ncial R•pothng
Stsndarcl applrabk In the UK and Republ1¢ of Irèland (Unitod Kiwdom Genoraly Accepted Acmunll
Pract￿$).
Ift QLf opSnlon, trTe firAn£val statèrr￿ts.
4 true and %iebY of fhe 81ate of Ihe Charity's affairs as é130 Sepl8mber 2024 and of Its
Iw(¥ne and expenditure for thg year then enderj,.
hove bèen prDpeNy prepared In ￿(ordanCe wrth Unitad Kingdcth Generally Aoeepted A¢countlng
Pract￿..
hav¢ been PtspBr￿J n ae¢ordanc6 ￿1th th$ reqiNr6ment$ of the fyryJanh36 Act 2006.
3q61s for ophion
We conducted our audl kn accordance wilh Inlematlonal Siand4rds on Auditing (UK) IISAS IUKII and
appI￿ab￿ law. Our TBspon&ibilitres un(ler th0gÉJ stzndards 8r@ fiirthei de¥cribod in IhB Auditors
respc￿81bI[ltl0S for the audll af the financial statements seclion of our report. We are indEpeTrdenl of th
chartlable company in awrdancb with ihé 8thioal requnmrrts that are relev￿1 to OLW atsdilofiha financial
stslfjments M the UK inclucllng the FRC'S ElhiThl Stat￿8rd. and WÈ have fulf￿lerJ Qui olhgr 2ihitral
reBponslbllities ￿ aocoydanoe with Ih8se requiremerrfs. We bèlieve that thè audit •videncr¥ we h8Vg
obtained sU￿￿rent and 4Fyropri4le ID pyovlde a basis for thjr opinion.
ConGlu$lons rolating Io going con￿M
In audltlng the financial statements, We ajnpludèd th*1 the trustaas. us2 of the gDlng Co￿&M basis
Of accoufjllnE In fhe pr8paral*Jn ol the finanti31 statwnenls15 appropriate.
B8sad on the work we ￿￿e perfcfft?ed, we hav6 not id&ntifi￿ dny malorkl urthrt8intlos relallng lo ovents
or conijpllons tmt individuaNy or collectively. may ca6t significanl doubt on Iht Ghsrilable companls aknlily
to co411n￿ as a goiig wncern f¢K 8 period of al l*asl 12 montFks wh6n the fir&4r￿￿4jStateM8￿ts are
aUl￿15£d f¢T iSSue.
Our Tesptsnsibifilles and the iesFonsibititios of the trJs*e¢s wth rF)Sk*t to ilthrs oon¢6m are described in
tha r*levanl Secti[￿$ ofthis rer*yt,
Page fo

816UGA EUROPE MINISTrIES TRUST
(Acompany Itmited by 9uarant••l
In¢lepethlentAuditors' Report to thè of Blbllca Europe Mlnlstrle5 Trust
Other Information
The cther inft)rmation comprise8 the itifoTmation Ind￿￿ed in the anwal ieprt I￿luding the IrustseB' rgport
olhgr thats the fin2nclal stat8rn¢nls and our auditLY'S report lthreon. The InJ6tees &r8 r8sponsfi)le fN the
oaher Kiforrrotion conlaine(J wiihln the annual reth2rt. Our oplnion on the lInan￿81 slaiornèrbl8 does nol cover
the olher information and, exoert to the extent OlaeN￿Se explicitly statsd in our report. we do not express
any form ol as$urance condusion thereon.
Ir résponslb￿ltY is to read the other infOmati￿ 8nl, in d(ing so, consider wheth$r the otrer InfcKrThaliDn
is materially inGonsistentknrfth the ffin3tKial statements orour kn£*￿edg0 oblairnod In the Gouise of the audi
or otht¥¥vise 4ppears lo b6 malerialiy misstated. If we id8nlSfy such malerial ir)Eonsist¢n¢ies or app9r￿(
aterial mlwalemenls. we are required Lo detÈrming wh&thèr thi5 gives rise to a materiol mi3slat¢rnoftt In
the fi￿￿la1 stalemènlg Ihemselv@s. If, based DTr the we hGiJe p¢rforDEd. we concludé th841 there is
a rnaterial mi&%taternent of this other l￿fc￿MatKjn, wo requi￿ lo rry￿rt that fa
We hav& nothing b? r￿(*t in this ward.
OpiniDns tsn other rnatter5 prnsGrlbed by Companies Act 2006
our oplnlcbn, based on the work und6rt&ken ITh tre coum t)f Ihe audit
Ihe inlomalpjn gNen li Eho truBl8ps' report the 1tronc&91 yew for which Ih6 Ilk)anGlal statements
are prepared is consistent wth the *inaiitsal slatemenls; and
Ihts INstgBs' rwort bean preparecl In acCorda￿e vdith 4)p1￿1&150al rewirements.
Malters on whkh w• arè tsquired Io report by exception
In th• lighl ol the knowl￿ge and understandlw of the Charlty arid its envSrotwnent ot¢aTn¢d in the courso
of Iha &dit. we have not identliled mateiial mwlaknpnts Ih Ih@ TrJJslees' Annual R¢porL
INe Fk9ve notrlw to In m8PeGt of the folcwlng malle￿ in rel￿orn to thè Q>mpani&sAd 2006
rèquir0& us to raporl to you if. In our opinion"
adeqLrale acrounting recon1s have not beeii k¥pt or retuirs ackwualo for our audrt have nol b88n
receivwj from bra￿￿eS not vlsittsd by us"
th• *nond&l slat8rnents are ￿0t In ogt¥¢ment aottsunliw r6GoryJs and iefrums,.
certain di6ctosur88 01 irusleÈ&' remun8iabon 5P8cified by law are not M￿lts., or
the trust9￿ were not entit￿d tt> wap3re the linancièl ststerrEnts in a￿OrdanCe with the Small
comp￿￿e$ regkne 2ncl lake a(Ivenla9e ot th6 small C￿￿5￿1e5, èxernplions in prbparin9 the
trustees, report an(J from the r6qurgrn@Tht lo prep8lE 2 str8legic reptr(.
Pagfj 11

BIBLKA EUROPE MW15TRIES TRUST
(A ¢ompany Ilmiteo tyguaiontsa)
Ind0P￿dent Au￿t￿r8. Rfjport to the M•mbers of Bibllea Europe Iliinlgtrles Trnst
R8sponsibilitlK trf the trustées
As *xpiaine(J mora fully in the Iruslees, r68ponsiLxlilies Slatemr￿t, the trus106s (who are 8180 Ihe dirp.ctors
tsf the charllaNe company foi the PUYPo)ses of company law} are responsib￿ for th& preparat￿n of the
nancial thletnenls and for being 6alisfied that Ih&y give a true and faK and frjt ￿ch internal contr
as Ihpy delermFne1g necessary lo enable the prepa￿tK)n off1r￿n￿lar stsian￿nts that ar8 from material
rnigstalemenl. whether due to fraud or f#rror.
In praparing ￿na￿la1 slatemernls. tho trustees aré règponsible for a55esslw the Charity'5 8bifily to
linue a g&ng ¢onc*rn, disclosiru, Is applicfftble, matkr8 related to goiw concÈm alld u&ng th8
goino concorn ba¥B ol untess the Irustgss either inland to NquK1atè the Chority {* ID Cè358
operalk)n$, gr ha￿ no ieallsl1¢ allernalive but to do 50.
4udttor¥ r&*pon8ibilitios t¢r audrt or thè In4n¢lal *talements
Our obieL*ves arg to obtain re8sonabk a5suran¢& abtsut whètlpr the fiTrancial statements as a wthole arè
freefrc*n matèri81 mlsst*tnenl. fft&therdua to traud orerior, and to iS￿e ar audilorfs rgpcw1 Ihal in¢JLtdes
our oplnii)n. Rea5{￿a￿le assuréMc& is a hlgTh Iov@l of assurah¢e, but 1$ ￿)¢ & guAianlee Ihal afi aud
ndLtded Sn accordan￿ w4th ISAS {UlQ will alway5 dete¢l a Material mwlal'emenl when rt ￿￿$1
Mi&statements can arise from fraud or 8rroFand are considèred malorlal rf, kndividually 01 in the agGTogate,
they could rèa&onaNy be 9xp￿tad fo ￿lluenC5 the ecoThomicdethsionts of ￿et￿lekern on the basis ol th
financial otalement5.
IrregUkr￿IeS, inclLKIN)g fraud. ara inslan¢es of non-compliance with laNy8 and r￿ula￿on& We deslgn
procedures In Iln& with rgsponsbililies, o￿lI[ned above, to dè18ol matorial n7i&slalem&nts in resp¢cl of
Irr8gularilies. Induding fitud. Thè extent Io our procedurgs are BapaLle of deldcting iir9gul&rilies,
indiirjlw is detarf$d bekjw..
Our at>Droach to ￿ent(YIng and assessing th8 risks of malerid missfalemertl in respect ol IttegularfftJe8.
cludbng fraufl antj nDn-corr4)liance wilh laws and rwJulations, was as follcw5-
8fli#g&m￿t Partner ensijied Ihal the engagemert team collectively had the appropriate
cornpetencfj, ¢apabilitre6 and 3kills to identrfy or reo)gnts& non-compllance with &pplieAble l£ws
and rEgulaUons',
we I￿￿￿ried th8 laws regulats'ons 8ppk¢able to th¢ ex￿o￿nY through (l￿￿581￿n5 wSth Iru8lee8
and other managgfflenl, an¢J from our comm8iGial knovAÈdge and expen￿¢8 of the sector.
wefocused on sp￿1￿¢ lawg and ￿gUlatIO￿ which we Gonsidereil may ha¥8 a iltrect material eff￿1
on Phe flrrancial Statements or the opwatlons of cornpany, incIL￿ing the Chariles Act
2011: tsxalion legislalTon, data woteotion. antl-bthery, health salety legislaliorh.,
we 48sessed the éxlent ol compllanca with I￿S and rOgl￿al011S idgnlli&d atxwe throu9h
makirto enqLurigs of management and InsptKtin9 ￿81 corr6spondenc?,' otKI
idBnthfig0 laws and regulations were oimmunicaled Within thg auail 188M rEgulgrly and the team
r9malnèO alert to inslanc8E of non-GOmpli￿¢e thrE)ughoul thtr aud
Pa9b 12

BlaLICA EUROPE IIIIN18TRIES TRUST
IA eiknpany limlted by guar¥ntèèl
Ind8pond•nl Audtors. Report to th• M•mb•rs of BIbu￿ Europ• Mln18tr1¢$ Trust
W6 asse39ed the sus(eplibility of Iha financial stalemen16 to matenal Fru$s¢alemEnt, Sncjuding
Dbtaintng an und?ttslar¥Jin9 of how frdud miaht OCLwf. b
makirw etwuities of m￿agement a5 to v¥h8r• thoy ￿r￿ljered th8r8 was S￿¢&ptI￿lI1ty to ftèud,
thdr knOw￿￿ge of actual, suspected and aMeg8d fraud.,
corisKleTing th• internal C￿tr￿S in placo tts mil.￿ale risks (Jf fraLbl and non-¢ompf*n¢e wllh laws
reguktions,. and
to &Jdre8S the 155k of fraud Il¥owJli r￿￿nageM￿t bia5 and 0￿￿ride of controls. we..
pÈrforMèd analwlcal procedur&s t4 iJ&nlify any unL￿VAl or unexpect&d rèL4llor￿hEps.
lest8d iDurrtal @ntnes to Kkntify urLUSuel Iransaotthi&
asse55ed wh•ther1u(*JeM￿ls and assurnptlons made In dtstemiining the ac￿UnI￿g estimate5 get
wt in Note 3 wer8 Ind￿liVe of pthntial bias- and
investigatsd the rali)nalg behind s ￿￿t[can1 or unusu¥l trynsacur￿S
In ￿SpOnSe ID the riak of Irregularities and non-CLthF4ianeo wth Iws and regulations: we desigtx
rocwjures wh￿h ￿clu￿d, but wérè n(rt lirftiled to..
<Ang ￿ne￿￿al statem￿1 d￿clOsureS to undeftying Sukworting documentation:
enquirino of Iru31ees as lo e(*j￿ and pol￿tIal lituation and daim6',
rwFèwing corrgswJhdence with rekvant regd8tois
ThBra are inherent IINitsllon5 in our audrfc prrtedwes described above The rnorp removed that laws and
fegulation$ ai& T￿M fin4nci81 transactions, the lès$ l*ely 11 18 that we would become a￿raTe of non-
compllanBe. A￿lting stsndards also lin)il the @udil pr￿edurEs requir￿ lo Id*nllfy non-comtAiance with
lawÈ an(1 regulat￿lls t4 erqiiiry of thè dtroclors and olhor managernenl at¥J Ihe inspèots'(m ot regulatory
alld legal correspor￿en¢È. if any.
M8tsrial m55stslements th81 arise due to fraud Gan bp hard8r to detert than th0$9 that a￿E from 89
they may Snvofve deliberate conctsalmernt or collusictn.
A furthÉr desGription of our r¢sp¢)n8ibiltt1è5 for tho aLEdit of Ihe financi81 ts￿ten￿nts 19 knGaled on tha
Financk41 RepDrtlng co￿thI,8 websit¢ at fvw.frc.org.L*laud1fiDr5re¥JC￿8lbllFI1￿sj. Thls desuSplbn forms
part of our auditor's r¢¥lYt.
U¥ of our repott
This rèrth 18 madÉ solety to the Bharity's memters. as a body. in acGDidanc8 Wlth Chtytsr 3 of P4rt 16 of
tha CompaniÉ$ Acl 2006. thr aL￿(C work has been undertaken so that mlghl stsle to the charrtJrf.s
members those matter3 wi are required lo slatg to them In audlts)r's rep(*t for other PLWW5e.
To the lullesl exknt permittèd by law. Ive do not a￿ept or 3ssume t&8pon51bility to arTryone other than tha
¢h¥rty 8nd IhF charity's members as a body, for ow audil w(Ml¢, for this report, orfor the opinijns we
f(Kmed.
Pago 13

3IBLI¢A EUROPE hlNISTRIES TkusT
{A Èvmpany limbtÈd by guwpjrteel
lrtdepgndgntAuditors' Report to thfj Memb*rn of aibfiGa Europe Mln15trles Tru*1 (cpntinued)
Phlup La￿ FCCA
Senirjr 8*atuttsry Auditor
For antt On behalf of Da￿d Howard
Chartersd ACC￿ntantS and SfakntyAL¥￿torts
1.Park Road
HamploTh Wlck
Kingston Upon Tr*ames
rrey
KTI 4AS
Dat¢.'
gliz
2024
Paoe 14

IiraLICA Eif<opE MINISTRIES TRUST
IA¢qthpany Ilmltqd by 9Uar41rtEe)
STATEIIENT OF FIIIANCIAL ACTNITIES 1￿CoRP￿Ttfr1ts INCQMEM4D LKPENDITIJIE AGCOVN
tsk YÉAk ENDED 30 &EPTEAqBER2024
Uwtrl¢ted
fimd$
2P24
To1*1
f￿ndS
xM)24
rot
I￿￿J5
7073
Not
trP￿ Irrkn..
DOrThli(￿35 and ltyariis
460,112
14,8Ql
J,194
1.49CJ.f60
11,
6¥104
4194
Total IN¢oMe
1.077.$08
42e.446
I￿14.3$4
7.98P.991
EYyn¢Nrp on..
Ralsii'.£ funds
13.lQ4
1,061,6•1
4184
IY,118
I,SS1,2f1
?7.090
2 086.970
Toi*l
t,072W7
494192
1.563,89
4074.ts60
Net I￿9?￿1Th9110￿t9cAIjO) res￿rces in the￿*1 bgfor•
transfer 4tfwnds
109.4461
560
¢4¥
1705.Q89)
TIND5fErE
i¥
kneornlThgll¢wgolnyl rtsvwrops
Totsi fu￿￿&
4,833
1640451
(105,Di191
614,090
)64,71S
14&147
fotal carrhd forwmd
444117
The note2•1i P4kk 19 ￿ 33 rtwm pértnf the¥•finin<iol ¥tstBneiiis.
P8gs15

BIBLIQA EUROPE MINIsT￿Es TRUST
{a ¢o#Trpany Iirnltod guaTan**l
BALANCE SHEET
ASAT 30 SEPTEMBER2024
21Y2
Nixe
Fllxed A889lB
Tsnqbjo xsset#
14
2.674
I,G9T
,B74
D8ltor$
C&Jh atbank 8nd sn
15
gQ.121
44&,*12
25f.&
719.047
546,Q6J
11fy2.92DI
rethtU¥.' a￿QUI7￿ falllng duf iI¥lhln wJAr
911.2QJ
(463:Q4
Nd¢urrert 455ets
443,143
Tthal *sBeb current 1kibl￿￿O
445.81T
SJ9,662
MDtwets excfudlftg Pen￿on al8￿$
448,8IT
A)>,yE2
Total netaa88t%
441ef ?
5tt9.￿2
Ch•rliyknd&
18
Uprestrfcléd fLmds
14&746
111
369,J4$
445.817
J04 716
5(g,S62
ThB Trvstevs *J<Troi¥fedg& iheir ￿%￿¢1￿11b1[Jt￿9 for¢tsrnth"ng %￿(h rBW¥¥rnOTls ￿t￿7th rebFkol n aiwJntiilg reLords
pwaraiic¥i c¢ InaJKr4 5tBtemonts.
Tho ffndndal 4at8ment3 hBve b8en pr¢pwod In wilh Ihe applk*)k trp*nlllley wh￿C&t{>
tho >JrnaJ companie5 rBolm&.
rhe statfftwen& approvèd autr￿sed frjr i99us ty Ihtr Tru*w9 rw ?9 and
FIwèA on th￿rbal791[by".
Paw f6

BIBLICA EUROPE MINISTRIES TRUST
(A company limiled by yuarant••}
BALANCE SHEET
AS AT 30 SEPTEMBER 2024
J Preston
lQ)airm$D ol Trv$teesl
T 6t4)n
ITru$l¢el
T1￿ nol&% èn pa￿$ 18 lo 34 farrn part of Ihase fina￿la1 sE8t8moTrts.
Pige 17

BIBUCAEUROPE MINISTRIES TRUST
IA ttompany limited by guarant￿)
STATEMENI OF CASH FLOWS
FOR THE YEAR ENDED 30 SEPTEM8ER2Th24
2024
23
Cash frtrn op•ratkng a¢tivities
Not ca$h provlded ttyllusedl kn OFEratln9 activll@s
(274799}
2.528
Cash Ihws from aelivitios
DItr1d￿lS, Intwests r*its from InVestrn￿lS
3,1
82
N&t osh pytsvlded by Investlng gGtiviU•8
3.194
32
¢&*h flows from fjn•nclng aGtivitit$
Net cagh provid&Y by financir4 attl￿tieS
Change In ￿sh and ¢*sh eqL*vdents In the Sear
CBsh (ash iquDiaf¢nts at th8 be￿￿￿[n¢ of the y•ar
1272,605
719,$47.th1
716,987
Gash and Gssh equiv*ntS aE Ihe erbj of Ihe yBai
44fj.942
719,547
Tle notes T)n pag&5 18 to $3 t￿[￿ P8rt of th￿ Iinanclal ststemenls
J&18

BiaLICA EUROPE MNISTRIES TRUST
IA company limltsd by guarantwl
NtyfES TO THE FINAIICIAL STATEA4EI￿S
FQR THE YEAR ENDED ￿ SEPTEMBER 2924
liworrnatll
Blblrll kwuiJÈ ￿hNl$trIeS Twstl& g prpiu* Gumpany liin119d tygiigrantA•.The cornpanyis iTrJorporated
Iri EJ)glar￿] and has the wmpany rturn*)Ar QWJ753259. The regiknd oificè 1$ 21-27 Grfffin SEonc.
,10￿tsry) 1.8mb8. Cc)ndtht Street, Londo￿, WC1 N3GS. Tho pr￿E1p￿ p*e ti bu$1￿$$ Is Thé fvbuN
ines5 CetVs&. 2 Woo(kto¢k LinL Bdf&st, BT6 ￿0.Th9 rxinapal &Gtivityof*hE CoMpwry￿AllmUI)d
lo thé furlheranw4 4)f Fpkgion Ilirnwh tytl(4 tran%lalion6. bible
Iq Bw"s of prapwotion olfjr4Tr3ial sratèm￿tfj
The financi￿ stater5￿lIS. have ￿￿Ted In accotkncowmli Ihe Chrlitl* sopp £fR3 1021-
Awuniing and Roporlin9 by Chstsfj&s- Slatem¢nl ol RWMMQ￿ded Pratt￿￿e appilcajle to
ohm41￿$ orwE)ring IhwrTvAJunts ITh aEGDrdancE with rhe FInanG1￿ R¥ortlng Skndanl applkabl
In lh6 UK end of IRIAI)rt IFRS 10¥ leffectr¢e l J￿U￿ry 20151, th¢ Finan¢l81 R*WOtUr
qksrpdard 2FpIIcabie n the UK 8nrJ RepuNi¢ (Il Ir•laNI IFRS 1021 and Ihe com￿nieS 2006.
'tyti¢a Eumpo% MinislrE5TEustu￿els Its) dèllnfth)Iioffi puNr hcntsfitwitity￿d￿rFRS lts2.￿*15
and lIaN￿￿"t* ath151¢￿¢S1 GOJI O￿transf%￿l￿)Va1￿ unless (the￿1￿e state
Sn the rvlwHni au(￿ntIng pw.
Th# 71N&￿I¥l gtatsmO1* Aro presented in 8tsrHny (tl_ T1￿ kniel of roimdlig ￿ £1
22 li￿0￿￿￿111]n with p¥DwMJu5 LlenÈrolly A￿epted A¢￿untINg PrectlED
In wèpatillg these atCOLntJ. lh8 Tru%igp.s havB coiiRk1•rod Whether In applY￿a the
p)hci96 requlY&u by FRS 102 and It￿ ChAillkn& SLY4P FR8 102 rpBtat•mo￿t ot ￿mP￿ratiV0
em5 rè4uirEd.
No ￿￿atcrnentTr￿&S reqLL5r8d.
Z3 Gompary stal
The compaiiy ¥$ ¥ (Drnpany Ilmltod by yU*ntÈs. Thè memb8ii¢tho £cthpany is Biblitra In
In the evelll vf Ihp corty&ny bgi) Jf wound up, Ihg liability In respect of the guar￿lee is lirnited t
£10 per niartlgr QFtho company.
t4 Going
Afler r4VI￿vAn9 d)aniable cornk)&ny* reserv•4, loreca8t8 4nd prg(Ktions, kncTru5tees have a
rEasonable that the charit&blB ¢xmwny has sdèouare Y980urc&s ro r.TrnlrrtJ9 In
QFeraf onal EKi5tenctr for Ihe fr)ro$6r&ble future_ For rtrason. LThinue to **)pl ￿ Wing
soneAm b%r is proparfnq the linBnGièl swfflenib",
P•JB 19

BIBLICA EUROPE IIIWSTRIES TRVST
IAth>mpénylknlt@I bywjaranteel
NOTES TO TFIE FINANCIAL STATEMENrs
FOR TIE YEAR ENDED 31 SEPTEIABER 2024
2. A￿oUnta￿ Y0￿Cl•S l¢ontinwÈdl
2J Inmma
Al inc)mÉk iy re¢oE7ni.*c4 ffte cOrrp￿)Y h2$ eniidemotrt to +?)LOlm, It Js that ttjè
InGomg b8 rec¢iv8d and the afflount of 1￿c￿e rÈC¥v5&￿ C4hn b• maasurtrj ièfi&bly.
Tho reo)ynitk)rt OF inGorne riom legades is d&peiident on e3tablL%hiny ￿lIt￿m￿l*, tt)è 8[￿￿)￿)111tY ol
rB(elpt &nd tho abibty to &stnNate with S￿riE1C#nt attumcy the amount Eviden¢y ol
fji)IIUeTrgnt trj a leoary •Xi815 *x)l)Warry has 5Lrffio&nL ev￿QnCe th* a olft has been Wt to
Ih9ni lthmugli knpwleQyJ of Ih? OXIS￿￿￿O of * valid WUI the (bjpllh of tl¥J b￿e1actor) ttnd the
èxecvlor is sfjtssffed t￿￿t thL4 pfoFJ•rty in Welt￿1) vjlll nut be r24uirgd to safj.sty Llqinis in Ihg e5tal
R¥t&ipt of a 1gtPLy rnIISL be recoonisocl Wh￿ it is pffjbabk tknl rf 4¥ill bè r￿￿Tried anol ÉhE klr valu
of th& amount r￿e￿able, wh￿￿ WUI genoralbj kn th& aNbwiTE to be dSstribtrted the
coMp￿y. can bo reli¥bly measureEI.
IncLV* lax ro¢oveJ*k In ￿￿9110￿ to iiv6strT*nt knCL￿& r6 the tin* the IrwstsnÈnt
incorrn) ￿ rocdvatr￿.
income F roco)nis9d In thè peHod in wlileh It 18 f￿￿trIe and tQ Ihe Extfjnt th? gorxla hwe
been providexl ¢)r on corhylelion of 8er¥lco.
Expgrdilur• Is recog7rsBd ther& 1$ & legal orconslmclNe obliga1￿17 to I[￿sf￿. ￿[mOn1C E)enefft
lo 8 trlrd wtty, rt l¥ protyable that li Iransfw ol ￿0￿0￿11￿ bèh4its ￿11 be rwuirèd in seltr8mon( &nd
hv arrKJuiit ol *he Ot4￿a￿On bÈ mgasurt>d rgliably. ¥¥penthturg isda&sifierJ ty aFlThiliy.-fhè ¢¥)sts
of each <fhvily made up of th8 lotal ol din•ct coats ￿LI shored Cts54 ￿￿￿dIlig 8uprort rATrsl#
involv*d Irh under￿￿n￿ e•¢h actiyity. OirECt¢xsts all￿bUlablo to a 5inglf ￿*1￿11Y lip ala.-.itéd thrncty
tTr￿t acti*LJi . Shared costs which Gonlrujutfy tc rnor9 than L￿? a¢el¥ity 4nd ￿￿[VorI whKh 2r&
not altlTbut8bl•io &sinllle adMty are ipportroned b&ith)En Ihos@ ar.tli'ities on 8 bas18 QtsnSlSt¥ntwith
the uso ol rEsour(ts. Gentral Ètarr Co￿t￿ oll(J¢aled on the ba%ls of iimr. S￿￿t. 4rKI deprDciaikJn
haroes alloe8tBd on lh• porkntsTr of lh￿ usg.
F¥p￿IE[1t￿rO on r&siiig funés hGludes all exper￿lt￿Y ineurrr4(J by Ihc wmp&ny to raiae funds ts jcs
eharitable PLwposes Incllides costs èlan ftin(k8kwng aLlI￿rtia% W8nl.E and n(m-¢harJl￿b1P traL*ng.
Expenthftjre on chahkabl6b aolivrEÈs is 4ncAJThed on direL￿Y u￿lErtakInU Ihe adDirtles Nvhh)h furth¥i
r.(4MpEny* objectivèa, qs aè any aSSLvaieJ SLJpfx)rt copts.
CaJiitS pa3mbl￿ srg chargpd in tho yearvthw the trfhir Is m8fJ¢ exrept In thos• ca¥e¥ where Ihe off*r
is corKJiliorbal, Sltch gI￿ts tyeing lTr))gn￿￿lJ as exp9￿1￿1￿￿ whah the thndilvns 3tlJchin9 are
ftAfilFoJ. Gr?nts offErgc4 sbbI￿¢1to GorxJits.0￿ Wnl¢h not b￿n atlhe yEar(4nd are not*J
)Inmstm¢nt, birt Yw)t aGcrued 0$ gxyenth'ulre.
All wynd1￿re is in¢lu5tvo ol IrrerANerablo VAT.
2.7 Interest rgoelvabi•
on f￿¥JS het¢ on le￿1( ia inclLKlal when r8[Vi￿bre 2nd thi omocmE CÈVJ be merthwwd
reliabty by th@ comptyjy., Ihis 1$ notifiLation 01ltrv Intetht paKI 01 pryatAe ty tPiè
Iiislikntitxi Mdth Yhiom fhe fuThfj$ are dapogrted.
P4)e 2Q

BIBLICA EUROPE MINISTRES TRLtsT
(A ogmpanylknilgd by guaranlkel
NOTES TO THE F#4ANalAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBFJI 2024
Ac¢ountino policies {colJttnuedl
2.8 Forgign curran¢l4s
ng*ry as￿t5 ind lab511tiès d&nominat•d in forllgn curmncies ￿ Ir&nslote(I Into gtèrlwg at rat8s
ol whango rukng dl date.
TrartsaeAitin8 In ts)r&tqii currwr.l&& arE Iranslatéd Infts) st￿1￿9 at tho rpto ruling on dal¥ ol thè
transÈtlc•n.
Exchang8 llalrB and loss£s rpcognla*d kn the srat*mènl olffnanrA¥l acts"Nitkts.
2.9 Tangknle tixed and deprecia￿on
Tangwe lixed asse& eo¥tlno £2,CKJO cy capit￿15￿1 Arvj rerJ)unl*d wheTh fulw eCO￿th£
bBnèfft5 praha￿@ ble LoÉl th va￿e ofth& ¥SB9t catri t*3 fTDasuTed Trliaw.
TarWJ￿O fixcA a￿Ots STE Inltialty r*oogirfsed at fj￿. Pdtor r￿￿RI￿n. the cost ￿l￿1b1
rE<ed asset$ 8ro rnpa￿red at rosL lés$ atxurniilated Clepreci&(V>￿ any zccumulaied 1rDp￿en[
lo&tses. Ml rx)8ts incurrèd lo M"ng a tan￿b]e flxed asset irilo its inleiwjed woA(ino cx)nditk)n r
Incl￿1￿￿ in the measurènienl of ¢0gt.
DepEcbgtk)i) 1$ cknarjod so tg AIILfgte IhE LUJt uf [l￿d asgel8 IBS8 It￿1[ ro￿￿￿al vol
ov*r theresfimated useful li¥e$.
Dopr*#itbn IE provhl#d on the fdiomng bo¥k8'.
Frxturfs fittlng8
om(* Eouiprngnt
- 33% Str￿ght lin8
- 20% 8tr*ghi Ilne
2.10 Debto
Tr4ép Othèr deithr£ are ￿tc￿nISed at the Bet¥emFnl qmrAJnE allÉr any Lrada d*ix)uni off6r&J.
Prwym¢nts are Valued *t Il* smounÉ Fxepakl ngt ofany t￿¢ dLgCJJUt¥st due.
2.1fj Casly at bJnk Jnej In hand
Cash &1 ba&￿ end in hand inrJud88 End shut.IBrm higNy IFuid Investments )hith a short maiuilly
ol thtE* ￿￿th5 or leas thg lat¢ of ￿PU1￿tion Dr apEnlny ol thè doposrt or ginNlar aclxunt.
Pago 21

BIDUCA EUhJPE MJlllfRIES TRU8T
(AcorA￿l Iimlted by043r￿￿O¢I
NQTES TO THE FNANC14L $TATEMENT5
FOR YEAR ENDED 30 SEPTEMBER z024
2. A¢4tsunUng Polrcies {contknthdF
If2 Llabilitles and proY1¥h￿S
Llabditigs ate TrFLowlsiYJ whm Is oWiq*ton ot th• BaLyru $bèEt date a3 a ￿%￿Ul[ cl a W51
È¥er¢, itls probablg thai B trwsler of bentsltwill be rawireil IrF Sèl¢lemoi)l. and 4rr#)unl
of the S4￿￿ent Can bo ¢stlm71wJ rdiBbly.
LiaEAli&&4 are rtc(*Jiitsed al the amI)L￿1 thal th& eA)mFony anbdpalg$ il wll t8V kn ¥etUp Iht or
ih? ttr l)a5 reG91¥￿ ay pay￿￿￿15 knr1he seojs or serv1￿5 11 rnusl pyovpje.
Prowsion% arr* ftie8xu￿d at the best 08t11￿te of am(XJMts roquIr￿d kn sp.11￿ tha cLlbal¥)ii. Whe
the é*ect Df the h.mè value of rnnney * nFJterl4 f)rui4uion 1$ b￿￿ on tho Dre¥enfvaltse Dlthose
rnounts, diSc￿lit&d at th pre-1￿X dis¢ount late rel]tsth the rlsks 6wLylic to kne fiaN1￿y. Yhe
unihinding olth6 di9cwnt18 recognl$Éd in Ili¢ Statgmgrrt of knnaIiclal &ofjviliES liTra)¢è co
2.13 Fkn4nclaJ In$tmm•nts
The compaty only fiionclal s*ts arKI flrnwick]I Ilabiibgs 8 klntt Ihat qualKy as baslc finanGlal
instrument& Basic finatKièl IiisfFumpnts- ilmtially ¥eoJgthiged at iransactSoh Yaliie Bnd
subsEqu•ilJy tTpapJJr8d aL their 5etU&menl v8liie wt#h the excephoii Df ￿nk whiEPTr a
sukequentty al￿¢￿￿eLl ¢(tsl the 8flodve int6iest rnethfyj.
2.14 PensFrth5
Tha opeFat05 a definèd tJintrilNJfion pefi>it>n 4nd thE Perts4￿ charge rnptssenl
Ih9 pzyaue by th6Trwmpaw lo tho fund ￿ re3p¥Gt ￿ the year.
2.15 Fund ae¢otsnting
GenerBI tsiirfffjtrknle4 fund¥ wjhrh ere for use ?t tl)è discr0Uuh the Tru5t9¢% (n
fUrther￿rye of Oi¥ g￿er￿ objeclwtts of Ihe ￿MpUnY which Iratye r￿t bèen dFf4gtstod for uthgr
purpDSES.
Re*rth lund% are b) be USBd In &'ctknno specifk re81rict￿N& lrnposod by
or which hav• ￿en ra￿￿d by Ihe conipany lor P￿Ic￿er PUfPtbg- es. Th£ CDSls of rni$in9
wjmlnislgrkng w¢h fund8 t)re charged walii¥t *h) tspecitic The ai)d use ol gac'h vtypbickd
lun¢ Is 88t out in Ih& notes to Ihe sÈtértErfs.
In￿S￿￿ent￿lE0MO, p3ln& a￿lI losse• sre *llc¢aied trp Ihe appropEiBte fui¥J.
Pall8 22

6IBLICA EUROPE MINISTrIE6 TRusr
IA ttompanylimlt•d by gu2ranteèl
OTES TO THE FINANaAL sfATEMENTS
FOR THE YLIR ENDED 3L4 SEPTEhl3ER >J24
3. Crftlaal acc04thtiTrg eStin￿l￿• of judqcment
ESti￿leS are evalu8tÈKI and are based on hr&toric81 expejiaw la¢Xo
EnLI￿AItI9 expeclatY)ns of lutuTE evenLs tkot are bolifjvgd ta be rEaS￿&ble uridar the ciruJmstanG88.
Crhièd acoouiilkng O•-tlmateg End ss¥uriplui8:
Thè cx>mpany maka4 8slirnalèS &gsutTh)tm r￿￿￿eThi￿ thv futu￿. Thè re¥ulting ￿*1)Un￿"r￿
&sstJmptlort8 will, by defuiitlllll, 5eklDm eou9J rd*d actu81 ￿. The &Uin&le$ and
assuniption8 Ihot havE a ￿[￿lfiLlint ri* cauflw x m8teria *dJUstrn￿t lo Ik* tsarry1t￿ of
labilit￿$ with*) ltr￿ ntrxt finanoLg1 year ar& Èekxy.
n prgp*ryJ Ihe3e fi￿ntI81 ￿8￿m￿ntS, thg Truxtrhx hava haj tr) rr￿¢& Ih& folwryi)ll IuthJèrn￿ts'
Dete¢rni1i8 pNhet1Tr3r thgrp indiGaknvs ol impalrnient ofthe c(¥npany¥ tanglbb WiE¢t8. FaclotE taker
Inb ¢onsi(lèiation ID r0￿MIng Buch a detision Includè Via￿￿ty and expected fuiufE
flrkqrtd41 p*TOnn￿Ge c* tho and W￿re il ￿ a (oTrwnerl of a largei o7$lyner91ny unil, the
VkyL41iiy futsjrp porformar￿ of ll)al unit
Tangbla Ixed %gseL# lsee note 141 are dgpTerxatth oveT th31r ￿eful IWES iaklno into accThJtll wsid¥a'
v&liiTrx, vthere 8pyr4)prole. The a¢tual livofj ot Ihe a&$ets and reddual values are as8essed annually
an¢ maji vary ori a n￿bar Of fvrtor& In ￿￿essing a55eL lives. laoluB SLKh a?
Iqch￿L￿1Ic￿I innova￿On, product lrfe cyr.lgs and rnaintenonce prourarnmes atE tA(ei) Into account.
Reshdu81 value 8£sessmen(s Con￿{*T issu0% such as [[￿￿*￿t ramaiTring Wfe ol
¥S8et and Fwlected disposal vabJ96
Income form don•ttons und legadé*
Re*tthttd
fuwKI%
Z024
T4)t
Funds
Total
fund?
2024
2023
46ts.112
414,944
5.05fj
7,490, 160
Totrl 2023
696,451
793,709
1,490,
P4go 23

aleL￿A EIJRLTrE MNISTRIES TRUST
IA ¢0mpanyliMll￿ byguar&MtEel
NOTES TO THE FINANCIAL STATEMENTS
FI)R TFE YEAR ENDED 30 SEPTEM3ER 2L124
from ¢h3rfta>lo a¢tlvhi
L￿￿trICte¢l
lunds
2Q24
R•strloled
IuMd5
2024
Total
Fund5
2124
rot&l
202Y
oth￿ #icome Ifom eharftable &￿1¥[tt88
fj14A02
Tc4a 2023
4711.799
478.799
incr*Trp
Unmstrktgd
Total
Funds
1024
rot&l
2024
2023
InwJ9tm•nt Income- In*eTr8t
3.194
3,194
J2
Tota 2023
32
32
Expendkn￿ on Yalslng funds
Vnrestrt¢frf4
nd5
2024
Ro8lrl¢kd
fuTrds
20
roial
Fund
2024
2Q33
Fundra8ino trA&endrluré
rEcltlk)n
1Z,62
378
1481
378
16,827
253
13,004
4.184
17,188
I7,0￿0
Tc4912028
787
77,090
Fage 24

LICA EUROPE IIINIFfRIES TRIK8T
(Acomp￿Y lirnited by yu#Yants•l
NOTES TOIHE FIIIAIKJAL STAT6•nETrITS
FOR ThE YEAR E￿£D 30 SPPIEM8eR 2024
aiyblé gf expeTKliture ¢n tharWIl• 4¢tNitiE5
Llnresthctsd
ds
R¢strkt¢d
funds
2024
Tot
Funds
2¢Q8
CharRabk activit￿￿
1,459.503
491.108
1.551.211
2:066,ty70
rotsl 2021
1.115.595
941,375
2,056.9TO
Go¥ernaMè tMS
U¥r4Ètrlcle
fund$
2024
Tot•l
Funds
2024
2ff2J
Auditor'5 remunèratlo
Le￿1 feos
Tru.%tets' È%pense5
7.000
187
7,69$
9. 137
4.520
7.£95
19.S81
19,58
79.657
lo. Analysls ol •xwdituro by adivliv
Adivities
UndErtake
r8crfy
Fund¥
2024
2023
aritablp 4clvY(y
1,551,211
1,551,211
2.056.9n7
Toial 2trJ3
2,05S,97Q
105Q970
Paga 2S

BIBLICA EURQPE MIN15Tr1£8TrUST
IA e¢mpsnyllmi¢od by
NDTES ro ThE FIIANCIAL8TATEMEIITS
FOR YHE YEAR ENDED 3C¢ SEP7EMBER 2024
IC. Analysts oFeKpendltvro iry actlrfty1c￿t￿vjÈd)
Ch*1taJ
tlvll88
2024
Totsi
Funds
Z4
r(thl
202$
Slaflom
. 360,$90
I,S11
532,168
637,
7,695
7,00th
4.8B7
343,26
1,(¥7
931,238
T6Y.765
4.520
8.wo
9.137
Ir4rE48tion eng*pmpni
Pub115Nw and (tstrbuiim ol 8bip.s
TrusteÉt'
532,1
$37,3fj0
7.696
7,000
4,817
1.551.211
f.551,211
2056,970
3)23
2.056 9A)
?.tq55,970
11. I￿11£0[1, remuA&pit•)n
202&
Fees paythèto the th￿Pan¢S aUd￿orfor the audit of the company
anw81 Jc<O￿ts
7,Ih)Q
6.thjo
e5 payablets) the cornpany'_% oudiLDr ji) re*rt Qf
all rton-audit sonq£es not in¢lud&J Iii
3,1
4.¢24
10,188
30_424
12. W<o5ts
2024
2023
ar￿ sakrl&s
Social 5ectrriiy Costs
ContrlbutSoK its defined iontnbutlon pertsion 5cherno
311.&45
34,829
¥J,916
360,590
291.776
38,491
343,258
ezfj

BIBLICA EUROPE MINISTRES TRUST
IA company limitsd by quarawrteel
OTES TO THE FINA￿lA[ STATEMENTS
FOR TTrIE YEAR 30 SEPTEfiBER 2024
IL Stoiftoits ItcrrinuEdl
avwa93 nurnber ofFerson) emFloyud by t￿ (4￿partY during Ihe yesr ￿&￿$ as folthv
24
23
Directors
Offl¢0 & ¥LPPOrt $taff
av(4[￿9 hgarfr*vnt gxpr4sso¢ a¥5 lulktimE e4ui¥den15 VMS..
2￿25
The number OTernploye* th05e benL￿ts IExdudinB ern￿O￿r C05ts1 exceeded
ÉGQTrIO was.,
lTrt￿ bdFid EfjO,(KJl- E70.rK
In tw. baTrd E70.ml-£80.fAXI
lTrthe baThd £80,OQI-ELOO.((4)
The clwrfty t￿siderS ilg key m?rwEment ptr£onnd tD comprfse thè directors. er￿Ut1￿. 0ffi¢gr
pnd SEnior tnanag¢mgttt. Tho total gmF405*è bEr￿fitS of th9 koy managgmanl pgfBorm81 ot the
Ghaity during Iho yfyar. w.b¢in9 In*Jr&Trx. £?lJ5.1&5120t2'. £942691
IX TrM8toas' gxptynii
year, or* offfte knJgtee& S*phgn Cav& h8s ￿e￿IVed remunérat￿11 tmm lh& Charty.
l¥ permltlad iy its dr4ktss. bui th15 15 1101 in r6tpeL'I of work for the Charity and the tr￿St& aro fu
IEirnbJr56d by Bbllcs Inc: so the F￿YM￿l Brd receipt (rf these 4rpounk is Th)I in thè
Statement of Financial Acbiqti¢¥s.
DLiiing t1￿ ￿ryr orKl4d 30 S•ptprnber 2024, lotgJllTrJ £4T1 ¥vere r￿Mbur8ed or pakl
dirgGNy to 4 TrtkBleos (2023- £1,329 to 2 Tru6t8esl.
The r01m￿r¥eMents w&re for twel and acc01nmodal￿I) expthdith
Pagè 27

BIBUCA EUROPE MFNisfFdES TRUST
(A c¢mpaTry liml*d by g￿Tant￿OI
MOTES TOTHE FINANCIAL sfATEMENT3
FOR THE YE*R ENtsED 30 SEPTEWIBER 2024
14. 7aneibie fixetl assets
OfFice
Gost or v*luatlon
At 1 Iktober 20
Addillms
2.865
LIsFQF415
At W 5&plem￿r2o24
(1,6941
13.382
OeprÈcrlltion
At 1 OL.Lob￿. 2023
CIFrgg for1153 y8
Qn di$W￿lS
110,4141
{1,E481
1_594
A 30 Septomb8r2tr24
Ner book valve
At 3D September 2024
2.674
At 30 September 2023
f,697
15. Debtors
2024
23
Due Withln year
Trade debtors
Other debtors
4mount& owed by Èroup LrndertakSngs
59,T03
0,317
9,101
66,>24
184,734
99.121
251,658
Pope 2¢5

BIBUCA EUROPE MNISTRIES TRwqr
(A ¢èmpaty limited by gvaront•o1
NQTE8 TO THE FINANCIAL SYATEMENTS
POR THE YEAR ENttED 30 SEPTEMBER 2Q4
Crs(Iltor5: Amounts fallln¥ due wlthln one year
2023
2W2J
Trade creditor5
Amountsowed io gro￿￿ undertakn￿g5
Other taKation and soclal securrtv
AccNals and deferred income
6.189
9,116
37,129
50,486
61,247
338,199
25,938
37,656
102.92
463.040
17.
nanLial instruments
2023
2023
Flnan(ial a550t$
Fin3nti81 assets meèsured at fair value through ir*come and expendttur
446.942
719,547
Flnantlal assets measured atf3irvaluo thmugh incoN¢ and expel1d￿Ur￿ CDtnprise bank and cash
bal8nce$.
Palle 29

BIBLICAELf<OPE M1415fRES TXUST
(A¢oThpanylimhd by WOr￿f*•I
NOTE8 TO THE FINANCIWL $TATEILIENT6
FOR THE YEAR EIXJED 30 SEPTEMBER 2024
q& SIthiEmqnt of funds
StÈtem&rt ¢ffund&-currènt 5•
Bala￿0 af I
Qctob8r
2023
T1￿&r*I
alawKe st 3
plember
hjnd
Unra¥tFl¢ted lund*
Gèiierzl 11￿9-￿1 funds
Where Most IleedBd
36&716
1.07G,I
<714
1,077.908
11,0711151
12,479
{1,074,9941
Ise8)
367.227
23$
a84,716
RestrTcbd fund5
c•B81b￿ Bib
r¥￿4p&
Dthovfjr
Fmnvine ￿￿rch .Ea&lAsr
Glabsl lrnpaGi Fund
3,158
1.•49
23
S2￿98
24,fA19
4451
91
1,049
1231
11&307)
12J.779)
IS7,gQOI
11001
{5,¢17)
120,Lh)Ql
(25,(110)
12,7D6>
159.6101
12,9QEI
1¥0311
1431
33.791
21,764
$8.16Q
1z5
Mi¥8ion Funrt ￿ra81&
mU￿1m & Relug
No￿￿¢) IceThlAldL* Ropl
Qmani ArNbic
Oihor Rèslrf¢lEd funds
each 4 Life Russ
RLk5sian CAFt8
Scrlpiuyè Otha¢h C*tr4As
$cr¥ure Oirtreè¢h P8t5Fn
Scrlptuta TrJireach otherLatEgwges
pt￿r￿ C4Jtrea¢h Tur+ash
SoM•li Lary4ray Cc¢nrnvniiy
Tr￿n￿al￿7n prDi&Gts
Ulraiilan TrettsuFG &'t4
Ukmne Trafft Heallng
4779
6.41
.068
2,451
s,oao
25,DQ•
15.762
2fjfv10
2,752
326
3,198
10,872
144
312
f$,233
1I3Q9
11.SQ2
117.5281
IIOo,oooi
189,3411
11,(rf101
152.4691
188
31,117
0,828
1,000
S2.4fj9
1eJ331
S,271
115146
72.101
Yotal vlfunds
909.862
1.574 654
P8ge &)

B7BLieA 2UROPE ￿N[sTRIEs TRUST
co￿vanY ]￿ta￿ by guarants•l
NOTES TO TrIE FINANCIAL STATEMEKrs
OR THE YEAR ENDED 30 SEPT￿ER 2024
1& 8t•EeMent of funds {¢ohUnuédl
&&om4nt ol funds- ptior year
lancè at a
TrI￿rth
bgrtV86fl
BalaiLe oll
SePt￿nber
2Q29
2022
InGvme
Exi)etxltyur•
Uwestri¢E•(I funcl
¢3gn&r3Fl￿n￿s- all funds
321,332
1,175,292
(1.13Y,898)
364.flfj
ReStr￿ta￿ fvnds
Ar.c¢ssiblc &bl¢
AiJ3tsape
Can￿￿entJr Ee¢rope
DiY4>)W4Dp
Frt¥Jdine
IJPuJninallons
& Relugees
herR&*pp¢ted fiinds
PunJ*tlLaTrgi1￿W9 GoJMnrmilJi
fieach 4 Life fftjss
RLisvn CARS
So¢¢ityg Ou*Baoh C8iJlralA61a
Sa?i7é4Jie OLrtréèch Fw.41Pernip
SonpluTr OtrtthaGh OlhwLérpguaps
Stsipture Ocrtré&lr Fwk13h
$C￿pt￿M rXtrgaGlI Ukialr
rK411sl&ioA prtSe¢ls
1I5Q)
1.049
3,358
1,049
ijoo)
r7,62Q}
(54,781}
1697,594}
1729?
7,643
144.453
2,6db
8,797
(7:57J)
23
52.098
5,T15
5,068
137.574)
70ts.744
t,573
fS.000)
1250}
16.C
3,232
33,440
10,372
f46
2.944
.608
3é.419
12
1&762
3.232
3.T98
7fr.372
44.OG
fTI642}
9,312
f&$:50Ji
9.1721
119.11gJ
40,897
17,505}
20,
16,510
017
Wljeie Alosl A￿&￿erf
2Y28
2g3,599
794709
942,702
345.146
Tolalof fund6
614 931
1.96B, 991
2.074.060
5CO.862
Pag8 31

BIBLICA EUROPE MINISTRI&8 TRUST
IA tompanylFrnitod by9kKraTrtsèJ
NOTE8 TO THE FIWANCi4L 8YATEMETrllS
FOR THE YEAR eNDEb 30 SEPTEMBER 2024
9$. Swnmary
StslÉm•nt of fitrnds- C￿￿0￿1 y•ar
Balanc• ai 1
BalanBB at Jo
Septon*•r
2024
2023
kncDme
Expendlt¥
GgrKrdl funds
364,716
Rostrcted
1.077,90
2b,447
11.074.594>
1500,0¥0}
368,iJ30
14&.148
71,533
SQ9.862
1,504,355
(l.F14,6541
489,5fj3
8alanre at I
October
8alance al 3Q
Sap*gmber
202&
Expenthtw
Generallunds
327.332
I, IT6,282
fl,13t:8982
384,716
29J,59
1942. f62J
J48.146
6Y4,931
1,968,991
(2,074,0602
509 802
ZO. AMlpls ol net4S80ts bÈtWWb iur¥l¥
Anatysls of wt a6tset$ lJ•two•n fund¥ . eurrwrt y•ar
Unre91rlctÈd
funds
2024
Rostric
f￿(ts
2024
rgt41
fuMI
24
fixed 4wets
c1￿￿nt a88e(£
Creditor& dLYJ wth'n one yoar
2,674
2,ts74
$46,063
1102.Q2ai
1￿,505
1110,8041
TJJ84
Tot
370.11
7&701
445.817
P￿E 32

BIBLICAEUROP￿ MNI8TrIESTRUSY
IAcompany by 9uarant$&l
NQTe8 TOTHE FifiANCIAL sTAT￿NT%
FQR THE YFAR ENDED SEPTEMBER 2U24
29. of r*tusets bptroty*ThfundJ jo)niimved)
of mtttasxl• bth¢¢n fwrnds. pvlory4ar
L*i'ostrict¢d
R•s£riG£Ed
Totsf
262)
23
T&MLYbl￿f￿[¢d assets
1.89T
686,557
(324538)
284,649
(199.￿¥
971,206
{463.Q%l
rcdftor& dJeW￿lA y
rgtal
3J4,n6
Y4O,1¢7
J.4763
21. R¢qongil•¢itrn of n&1 nTrov¢mcnt ¢9 fl9w h*m actlvlll4•
2Th23
NEtexFai￿t￿l1rtu.￿moTor searla$ oe.Iv11145j
I￿￿45>
(iO&(h*J
jug*ments ILf.
OepMiatiM chyroo
1.41
13,1941
12,a651
lJ2I37
13WJ,1291
f.31G
1321
Purchose trFixed A53EtS
D6tr•aso Ni debtors
IRcre&Ee n (¥&litcr5
189,lQ4j
14S.410
Nctcash operallng autlvklhs
9,5?8
21 Anayais ot *65h o•d eash •qiilvalg11ts
2Q24
2023
44fj￿2
719&47
Tvi4 dèh a￿d tt98h oqul¥d8rt¥
446,94Z
Paoa 13

I&L￿A ÈURCVE IMNISTRIES TRUST
(A eory*y Iirnited by911a￿￿teeJ
NOTES TO THE FINANCWL sfATEMEN
FC& YEAR £NDED 30 8EPTEM8ER 2024
23. Analy*a of ¢hartgos In doéA
Ati
Octobèi
2•23
At30
SOpt•mber
2f24
ash flow¥
8t b￿k and in han
T19,547
12T2,605)
446.942
Total
{212,605J
446,&4?
Penskn ￿MMIt￿ents
The 9￿Jp O￿te6 & dtsfi[￿d Lonlrlbu(k)n pon6bn sthem&. Tho assets olihe ar& helcl B￿arat￿Y frDni thos@
ofihe on iThaepoMenlty gdminisl&red lund. The charge rgDftsgnt$ Ctsntribufjons p2y4ble by th6
gbup to the and amouniEd tc £13,91612023.. £14.gS11 C¢Aitrtbutvns £10.886 (2023.. £5.6061 wero
pwyable to the &md 81 the balww sheèt date ncknded in ¢￿￿tors,
Rglated p8rtytrartsa(Ilong
BIbl￿a Fnu 1$ thè $019 merrt¥or Of 8blica Eurcpo ￿nk￿l￿￿e TN$l IèEMTI, At end, owe(l B&iljca IrK.
£af1612O23: £838.IWI, Owrng Ihe yoer, 8EMT tr8nSf¢r1￿ donah.ons rèEeiwJ to Bibllia It￿. OF £484,927 12023..
£bG3.9291 for ¥ob21 MDb4iy8tlon trarn¥lal￿ projects dontts have Livan funds to 8itrkllc• 191 dobal
mDblli5ath)n t[￿n￿a*s0￿ PNEct& AS thc* pr(iEds ar¢ fron7 the charity¥ hoad O￿lts3 in Cthr¥do
Sprh5sI
At •nd, BeMT owed ty &"blc2 Nh'tklle East & ￿rth AMc8 an amoubit of £4.929 C2(Y23'. ￿1) and by BknficFJ
Stsuth Asjs £4.172 (2023.. nll.
Ixwpig tho y8ar, ong (* Ihe Stephan Qave, S￿&d 1¢ 5 trtssi86 until 28 Februsry 2024, hsé weNed
r￿￿le[￿l￿n frorn qhe Chéthj, as is p9rnillted by ils art￿￿9. birt thks is nDI rpspect of ￿￿k for the ch￿rIty th&
costs f￿lY reimbursed by Blblka I￿., payn￿nt and r&ey of Ihe9e Ig not refiectgd in tha
s&tknMJnt of ￿￿ancIal Actlviti&.$.
P￿34