| Contents | Page |
| Reportofthe Trustees | 1-12 |
| IndependentAuditors'Report | 13-17 |
| Consolidated Statement of FinancialActivities2023 | 18 |
| Consolidated Balance Sheet 2023 | 19 |
| UK Balance Sheet 2023 | 20 |
| ConsolidatedCashFlow Statement 2023 | 21 |
| Analysisbetween Branches | 22 |
| Notes totheFinancial Statements 2023 | 23-43 |
| UnreSricted | Restricted | Designated | Designated | Endowment | Endowment | ||||
|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Total | Total | ||||
| Notes | 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | |||
| (Note12) | (Note12) | ||||||||
| Ê | € | Ê | € | Ê | Ê | ||||
| lncome and endowments from: | |||||||||
| Donations&Legacies | 2 | 3,209,331763,157 | 903 | 3,973,391 | 2,788,543 | ||||
| Charitable Activities-Distributionofthe | |||||||||
| Scriptures | 3 | 1,702,242 | 6,834 | 1,709,076 | 1,482,019 | ||||
| lnrestment lncome | 4 | 72,562 | 125,174 | 9,696 | 207,432 | 140,450 | |||
| Other lncome | 4a | 5,000 | 5,000 | 8,255 | |||||
| Total incoming and endowments | 4,989,135 895,165 | 10,599 |
5,894,899 | 4,4',t9,267 | |||||
| Expenditureon: | |||||||||
| Raising Funds | 5 | 14,338 | 13,627 | 27,965 | 24,254 | ||||
| Charitable Activities: | 6-9 | ||||||||
| TranslatingtheScriptures | 539,293 | 476,795 | 107,946 | 1,124,034 | 1,067,247 | ||||
| PublishingtheScriptures | 119,033 | I19,033 | 86,435 | ||||||
| Distributing the Scriptures | 2,450,'129 | 298,265 | 98,944 | 2,847,338 | 2,216,508 | ||||
| Promoting and Upholding the | |||||||||
| Scriptures | 929,670 | 4,303 | 12,230 | 946,203633,169 | |||||
| Total expenditure | 4,052,463 | 792,990 | 2',t9,120 | 5,064,573 | 4,027,613 | ||||
| Net Gains/(Losses) onlnwstments | 15al18a | 2,577 | (104,436) | (101,85e) | (133,461) | ||||
| Netincome / (expenditure) | 10 | 939,249 | ß2,1?s | (æsF2it(fo4/4t6t | 728,467 | 258,193 | |||
| Transfersbetween funds | 11-12 | (303,ses) | (58,478) | 362,477 | |||||
| Other recognised gains/(losses): | |||||||||
| Foreign exchange gains/(losses)- | |||||||||
| FixedAssets | 14a | (17,677) | (17,677|40,927 | ||||||
| Foreign exchange gains/(losses) - | |||||||||
| Other | (24,7271 | (12,282) | (37,00e) | 163,688 | |||||
| Netmovementinfunds | 11-12 | 592,846 | 5 | 153,956 | (104,436) 673,781 | 462,808 | |||
| Reconc¡liat¡on offunds | |||||||||
| Total funds broughtforward | 13 | 8,508,'148 689,061 | 194,505 | 2,783,596 | 12,175,31011J12$02 | ||||
| Totalfundscarried forward | 9,100,994 | 720,476348,461 | 160 | 12"849p91-12,1?5,310 |
| UnreSricted Funds |
Resúricted Funds |
DedgnatedEndowment Funds Funds |
DedgnatedEndowment Funds Funds |
Total Total |
||
|---|---|---|---|---|---|---|
| Note | 2023 | 2023 | 2023 | 2023 | 2023 2022 |
|
| Ê | Ê | Ê | Ê | Ê Ê |
||
| Fixed asæts | ||||||
| Tangible assets | 14a | 2,813,053 | 2,813,053 2,887,714 |
|||
| lnrestments | 15a | 173,039 | 1,524,733 | 1,697,772 1,733,955 |
||
| 2,986,092 | 1,524,733 | 4,510,825 4,621,669 |
||||
| Current assets Stocks&Work inProgress Debtors |
16 17 |
't,538,499 2,079,731 |
1,538,4991,436,8', | |||
| lnrestments Cashatbank and inhand |
18a | 2,477,622 449,000 |
720,476348,461 | 1,154,427 | 3,632,0494,582,864 1,517,9371,524,465 |
|
| 6,544,852 720,476348,4611,154,427 | sr?6s¿r68Jr9,917 | |||||
| Creditors:Amountsfalling due withinoneyear |
19t21 | 429,950 | 429,950566,276 | |||
| 6,114,902 720,476348,4611,154,421 | 8,338,266 7,553,641 |
|||||
| NetAssets | 20 | 9,100,994 | 720,476348,4612,679,160 | 12,849,09112,17þ,310 | ||
| Total Charity Funds | 9,100.994720,476 | 348.4612.679.160 | 12,849,09112,175,310 |
| Unredricted Funds |
Unredricted Funds |
ReSricted Funds |
DesignatedEndowment Funds Funds |
DesignatedEndowment Funds Funds |
Total | Total | ||
|---|---|---|---|---|---|---|---|---|
| Notes | 2023 Ê |
2023 Ê |
2023 ʀ |
2023 | 2023 Ê |
2022 Ê |
||
| Fixedassets | ||||||||
| Tangible assets | 14b | 2,510,153 | 2,510,153 | 2,553,688 | ||||
| lnwstments | 15b | 1,524,733 | 1,524,733 | 1,569,405 | ||||
| 2,510,153 | 1,524,733 | 4,034,886 | 4,123,093 | |||||
| Currentassets | ||||||||
| Stocks&Workin Progress | 16 | 1,044,812 | 1,044,812 | 1,013,245 | ||||
| Debtors | 17 | 1,983.220 | 1,983,220 | 559,635 | ||||
| lnrestments Cash at bank and inhand |
18b | 2,290,258 (26,7e8) |
511,858348,462 | 1,154,427 | 3,444,685 833,522 |
4,542,714 561,469 |
||
| 5,291,492 | 511,858348,462 | 1,154,427 | 7,306,239 | 6,677,063 | ||||
| Creditors:Amountsfallingdue | ||||||||
| within oneyear | 19 | 516,064 | 516,064577,810 | |||||
| Net Current Assets | 4,775,4285ll,g5g | 348,4621,154,427 | 6,790,175 | 6,099,253 | ||||
| Net Assets | 7,295,591 | 51'1,858 | 348,4622,679,16010,925,06110,222,346 | |||||
| = | ||||||||
| Total Charity Funds | ::: | 7,285,591 5l1,g5g349,4622,679,16010,925,06110,222,346 :: |
| 2023 | 2022 |
|---|---|
| Ê | Ê |
| Netcashflowused in Operating Activities(Note22) | (l,069,7471 | 266,076 |
|---|---|---|
| Cashflowftominvelingactivities: | ||
| Dividends, lnterest and Rents fromlnrestments(Note4) | 207,432 | 140,450 |
| Purchase ofProperty,Plant and Equipment(Note14a) | (2,015) | (2,333) |
| Proceeds from Sale of Property,Plant&Equipment (Note14a) | ||
| ProceedsftomSale of FixedAssetlnlestments(Note15a) | 27,383 | 658,324 |
| Purchase of FixedAssetlnrestments(Note15a) | (101,062) | (158,668) |
| Proceeds from Sale of CunentAssetlnrestments(Note18a) | 4,291j82 | 15,644 |
| PurchaseofCunentAssetlnrestments(Note18a) | (3,344,443) | (1,r5e,r13) |
| Net cashflowprovidedbyinvelingactivities | 1,078,477 | (505,696) |
| Gashflowfromfinancingactivities: | ||
| Repayments of bonowing | ||
| Cash inflows from newborrowing | ||
| Receiptofendowment | ||
| Net cashprovidedbyfinancing activities | ||
| lncrease/(Decrease) incash & cashequivalentsduring the year | 8,729 | (239,620) |
| Gash& GashEquivalents/NetDebt: | ||
| Opening Balanceat1January | 1,524,465 | 1,641,325 |
| lncrease/(Decrease)in cash & cash equilalentsduringthe year | 8,729 | (23e,620) |
| ChangeduetoExchange RateMolements | (15,257) | 122,760 |
| Glosing Balance at31December | 1,517,937 | 1,524,ß5 |
| Analysis ofCashandGashEquivalents/GhangesinNet Debt: | ||
| Cash inhand | 1,264,687 | 1,524,465 |
| Notice Deposits(<3months) | 253,250 | |
| Orerdraftfacility(repayableon demand) | ||
| TotalCash & GashEquivalents/Net Debt | 1,517,937 | 1,524,ß5 |
| New | ||||||||
|---|---|---|---|---|---|---|---|---|
| UK Ausúralia ÊÊ€€Ê |
Brazil | Canada | êaland | USA Ê |
Total I |
|||
| lncome and Endowments | ||||||||
| Donations&Legacies | 2,684,348 | 54,987 | 35,207 | 709,751 | 2,959 | 486,1 39 | 3,973,391 | |
| CharitableActivities | 938,913 | 77,213 | 418,266 | 53,851 | 4,838 | 215,995 | 1,709,076 | |
| ln\estmentlncome | 192,230 | 6,302 | 7,026 | 411 | 1,114 | 349 | 207,432 | |
| Otherlncome | 3,820,49',1 5,000 |
139,502 | 460,499764,013 | 8,911 | 702,483 | 5,000 5,gg4,ggg |
||
| Expenditure | ||||||||
| Raising Funds Charitable Expenditure |
17,436 3,442,145 3,459,581 |
164,267 164,267 |
448,035 449,035 |
10,529 170,161 180,690 |
5,782 5,782 |
806,218 806,219 |
27,965 5,036,608 5,064,573 |
|
| NetOperating Profit/(Loss) | 360,910 | (25,765) | 12,464 | 583,323 | 3,129 | (103,735) | 830,326 | |
| Gains/(losses) onlnrestments | (104,436) | 2,650 | (73) | (101,85e) | ||||
| Netlncome/(Expenditure). Branches |
256,474 | (25,765) 12,464 | 585,973 | 3,129 | (103,808) | 728,467 | ||
| lnter-branch transfers | 351,286 | 19,087 | (1,261) | (528,619) | (11,326) | 170,833 | ||
| Netlncome/(Expenditure)- | 60?J60 | (6;6?8) | 11,203 | 57,354 | (8,197) | 67,025 | ||
| Consolidated | ||||||||
| ForeignExchangeGains/ | ||||||||
| FixedAssets | (2,340) | (15,336) | (17,676) | |||||
| Foreign Exchange Gains/ Other |
(5,047) | (11,4ee) | 13,240 | (7,8e0) | (1,e80) | (23,834) | (37,010) | |
| NetMovementinFunds | 602,713 | (18,177122,103 | 49,464 | WJñl | 2?"ss5 | 673,781 |
| New | |||||||
|---|---|---|---|---|---|---|---|
| UKI | Australia € |
Brazil Ê |
Ganada â |
Zealand Ê |
USA Ê |
Total € |
|
| Fixedassets | |||||||
| Tangibleassets | 2,510,153 | 31,501 | 271,399 | 2,813,053 | |||
| lnlestments | 1,524,733 4,034,886 |
156,437 @ |
31"501 | 8,694 8,694 |
7,908 279,307 |
1,697,772 4,510,925 |
|
| Gurrentassets | |||||||
| Stocks | 1,044,812 | 19,242 | 222,298 | 54,022 | 3,764 | 194,361 | 1,538,499 |
| Debtors | 1,831,261 | 1,834 | 205,602 | 7,010 | 510 | 33,514 | 2,079,731 |
| lnrestments (less than1year) Cashatbank and inhand |
3,444,686 833,522 |
30,464 44,781 |
102,904238,417 | 20,460 | 156,899 277,853 |
3,632,049 1,517,937 |
|
| 7,154,291 | 96,321 | 530,804 | 299,449 | 24,734 | 662,627 | 8,?681,16 | |
| Creditors:Duewithin'lyear | 373,538 | 5,928 | 24,828 | 5,843 | 629 | 19,184 | 429,950 |
| Netcurrentassets | 6,780,743 | 90,393 | 505,976293,606 | 24,105 | 643,4438,338,266 | ||
| Net assets | 10,815,629 | 246,830 | 537,477 | 302,300 | 24,105 | 922,750 | 12,849,091 |
| Unre*ricted | Unre*ricted | Reslricted | Dedgnated | Dedgnated | Endowment | ||||
|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Total | Total | ||||
| 2023 | 2023 | 2021 | 2023 | 2023 | 2022 | ||||
| € | â | Ê | Ê | Ê | Ê | ||||
| 2 | Donations&LeEacies | ||||||||
| Subscriptions | 82,806 | 82,806 | 95,005 | ||||||
| Donations | 1,'169,542 | 258,063 | 903 | 1,428,508 | 1,787,601 | ||||
| Collections | 354,764 | 35,818 | 390,582 | 352,152 | |||||
| Legacies | 1,602,219 | 1,602,219 | 220,483 | ||||||
| Partner Funding | |||||||||
| :E | 3,209,331 763,157 | 903 |
. |
3,973,391 | 2,788,il3 |
Statements.Theestimatedwlueofthe legacy isÊ37,000. |
-É-i: |
|||||||
|---|---|---|---|---|---|---|---|---|
| 3 | CharitableActivities.DiSributionofthe Scriptures | |||||||
| Sales lncome Royalties |
1,641,190 61,052 1,702,242 |
6,834 6,834 |
1,648,024 61 052 1,709,076 |
1,447,070 34,949 1,492,019 |
||||
| 4 | lnvestment lncome | |||||||
| Listed lnwstments | 309 | 70,007 | - | - | 70,316 | 73,269 | ||
| Cash Deposit lnterest | 70,988 | 55,167 | 9,696 | - | 135,851 | 62,818 | ||
| Rent&Service Charges | 1,265 72,562 |
- - |
207,432.140,450 1,265 4,363 |
|||||
| 4a | Other lncome | |||||||
| GowmmentGrants | 5,000 | 8,255 |
| Unresiricted | Resúricted | Resúricted | Designated | Designated | Endowment | ||||
|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Total | Total | ||||
| 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | ||||
| € | Ê | Ê | r | Ê | Ê | ||||
| 5 | Raising Funds | ||||||||
| Raising CharitableFunds | 9,104 | 9,104 | 5,877 | ||||||
| ln\estmentManagement | 5,234 14,338 |
't3,627 13,627 |
18,861 27,965 |
't8,377 24,254 |
|||||
| 6 | CharitableAct¡vities | ||||||||
| TranslatingtheScriptures Direct CostsofTranslation &RevisionProjects OrersightofTranslation &RevisionProjects |
228,491 112,406 |
427.714 49,081 |
95,772 12,174 |
751,977723,840 173,661140,325 |
|||||
| Editorial De\elopment &OtherActivity | 198,396 539,293 |
476,795 | 107,946 | 198,396 1,124,034 |
203,082 1,0dt,247 |
||||
| PublishingtheScriptures | |||||||||
| Publ¡cationofScriptures & Scriptureltems | 1't9,033 | I19,033 | 86,435 | ||||||
| 11 033 |
I19,033 | 86,435 | |||||||
| DilributingtheScriptures | |||||||||
| Cost of Goods Sold | 1,073,153 | 581 | 1,073,734 | 780,588 | |||||
| Sales Despatch &Carriage | 341,833 | 34r,833 | 319,497 | ||||||
| Sales Marketing&Promotion | 28,577 | 28,577 | 28,808 | ||||||
| Sales Administration&Management | 480,020 | 480,020 | 443,039 | ||||||
| Cost of ScripturesGranted | 260,652 | 233,648 | 79,355 | 573,655 | 386,571 | ||||
| Grants Postage&Carriage | 33,526 | 27.747 | r3,659 | 74,932 | 59,248 | ||||
| Grants Administration&Management | 136,432 | 136,432 | 84,274 | ||||||
| Displaying the Scriptures Publicly | 21,373 | 36,289 | 57,662 | 64,',t28 | |||||
| DistributionCentres | 563 | 5,930 | 80,493 | 50,355 | |||||
| 2,450,125 | 2,847,338 | 2,216,508 | |||||||
| Promotion & Upholding Promoting&Upholdingthe Scriptures |
929,670 929,670 |
4,303 4,303 |
12,230 12,230 |
--- - |
946,203 --946103 |
633,169 633,f69 |
|||
| 4"03sJ25 | ??e"g6a | @--T,qq9Éqs | 4,003J5e |
| Promoting | ||||||||
|---|---|---|---|---|---|---|---|---|
| & | ||||||||
| Translating | Publish¡ng | Distributíng | Upholding | Basisof | ||||
| Raising | the | the | the | the | Apportion | |||
| Funds € |
Scriptures I |
Scr¡ptures Ê |
Scriptures € |
Scriptures € |
TOTAL Ê |
ment | ||
| Go\emance & Strategic | 901 | 31,597 | 3,098 | 28,938 | 29,876 | 94,410 | Activity Cost | |
| Operat¡onalCorporateManagement | 2,254 | 89,008 | 7,906 | 126,410 | 88,484 | 314,062 | Activity Cost | |
| F¡nance | 2,253 | 70,936 | 7,120 | 68,505 | 67,796 | 216,610 | ActivityCost | |
| Human Resources | 839 | 12,590 | 1,669 | 18,109 | 12,271 | 45,478 | ActivityCost | |
| lnformationTechnology | 082 1, |
48,642 | 5,232 | 36,946 | 42,307 | 134,209 | ActivityCost | |
| Property | 079 2, |
30,071 | 4,665 | 173,01'.! | 30,453 | 240,279 | Floor Area | |
| Total | 9,408 | 282,84 |
29,690 | 451,919 | 271,187 | 1,045,048 |
| D¡rect | D¡rect | Oversightof | ||
|---|---|---|---|---|
| Translation | Translation | Total | Total | |
| 2023 | 2023 | 2023 | 2022 | |
| Ê | Ê | e | Ê | |
| AmharicRevisionProject | 41,005 | '1,548 | 42,553 | 41,102 |
| Ch¡neseRevsion Project | r06,540 | 9,780 | 1I6,320 | 123,027 |
| FrenchRevisionProject | 45,776 | 7,584 | 53,360 | 50,281 |
| Hebrew RevisionProject | 85,398 | 8,620 | 94,0'tB | I35,405 |
| SpanishRevisionProject | 85,403 | 21,720 | 107,'t23 | 170,890 |
| OtherTranslation&RevisionProjects | 387,855 | 124,409 | 512,264 | 343,460 |
| :::- | ?518r? r?3"661 | gE5"63S | S64J65 | |
| 7cGrantsof Scr¡ptures | 2023 | 2022 | ||
| € | ||||
| Total Grants to lnst¡tutions | 466,173 | 269,097 | ||
| Total Grantstolndividuals | 107,482 | 117,474 | ||
| 573,65s | 386,571 | |||
| Grantsof Holy Scriptures¡nexcess of€2,500weremade to thefollowlng¡nstitutions: | ||||
| Armenian Ministries | 31,650 | |||
| Angolan LiteratureFund | 10,621 | |||
| Baalah Bible PresbyterianChurch(Kenya) | 2,822 | 5,157 | ||
| Bible Christian FaithChurch | 2,510 | |||
| Bìsrat Yibas Babso (Amharic, South Africa) | 3,177 | |||
| Bomet Bible lnstitute (Kenya) | 3,207 | |||
| ChristReformedChurch(Nìgeria) | 4,479 | |||
| Clement Hlama(Chad) | 2,637 | |||
| DonaldMorrison (Ukrainian) | 4,930 | |||
| E\angéliumi Kiadó (Hungary) | 2,822 | |||
| Feed my Lambs Children's Ministry (Kenya) | 8,195 | |||
| FreeGraceEwngelisticAssociat¡on (Africa) | 46,070 | 7,634 | ||
| FreePresbyterianChurch ofScotland (Zmbabwe) | 2,848 | 25,674 | ||
| FreePresbyter¡anChurch ofScotland (School, Kenya) | 2,540 | |||
| H.M. Prison Oakwood(Staffordshire) | 2,969 | |||
| Mandokota Mission & OrphanCare(Malawi) | 3,478 | |||
| Maxwell Msindo(Zimbabwe) | 17,116 | |||
| Missionary Aid Support (Africa) | 11,478 | 9,221 | ||
| Missionswerk Voiceof Hope(Ukrainian) | 19,610 | 8,685 | ||
| OpenDoorBaptist Church (Ethiopia) | 3,796 | 11,851 | ||
| Pablo Landazuri (Ecuador) | 3,550 | |||
| PhilìpDalling(Romania) | 5,150 | |||
| PlinioRafaelOrozcoRojano(Venezuela) | 8,61'1 | |||
| ReformingAfrica Ministries (Africa) | 18,019 | |||
| RevimlMowment Association (French) | 5,905 | |||
| SBTChile | 3,600 | |||
| SBTColombia | 4,500 | |||
| S.C. Faclia Prodcom SRL (Romania) | 36,35r | 13,150 | ||
| SeminarioReformadoLat¡namericano(Golombia) | r0,367 | |||
| Solereign Grace BibleChurch (Nigeria) | 2,683 | |||
| The Church ofGod/Rural Children's Home (Kenya) ïmGooding(Romania) |
5,760 8,643 |
|||
| William W¡lson (lreland and Northernlreland) | 7,385 |
| & Pension Costs |
||
|---|---|---|
| SfaffCosts: | Ê 2023 |
€ 2022 |
| Total staffcosts which have been allocated across thevarious departments: | ||
| StaffemployedintheUK: | ||
| Wagesand salaries | 795,257 | 687,274 |
| Social security costs | 75,058 | 69,810 |
| Pension and life assurance costs | 65,548 | 60,003 |
| 935,863 | 817,087 | |
| UK Consultancy Costs | 40,726 | 39,475 |
| Staffemployed by OverseasBranches but managed byTBSUK | 197,445 | 287,435 |
| Staff costs ofOverseas Branches | 347,768 | 257,495 |
| OverseasConsultants | 412,856 | 404,455 |
| 1,934,658 | I,805,947 |
| Thenumberofemployees whose annualemoluments bands: |
,¡ncludingtaxable benefits but excluding employer's pension contr | ,¡ncludingtaxable benefits but excluding employer's pension contr | ibutions, fall into the follow | ing |
|---|---|---|---|---|
| Worldwide | UKHQ | |||
| 2023 | 2022 | 2023 | 2022 | |
| Ê60,001toÊ70,000 | 4 | 4 | 3 | |
| Ê70,001toÊ80,000 | 1 | |||
| Ê80,001toÊ90,000 | ||||
| Ê90,001toÊ100,000 | ||||
| Ê100,000toÊ110,000 | ||||
| €110,000 toÊ120,000 | ||||
| Ê120,000toÊ130,000 | t- |
| PensionCosts: | 2023 | 2022 |
|---|---|---|
| Numberof staffinschemes | 31 | 32 |
| Totalcontr¡butions Contributions due atyearend |
Êt 72,792 2,456 |
69,180 208 |
| Total | Total | |
|---|---|---|
| 2023 | 2022 | |
| Ê | e | |
| Netlncome / (Expenditure) for the year(SOFA) | 728,467 | 258,193 |
| This is statedafter charging/(crediting)thefollowing: | ||
| Depreciation&Amortisation (Note14a) | 58,999 | 66,077 |
| lnterest Payable | ||
| Operating Lease Rentals (seeNote 21 foroutstandingliabilities): | ||
| Hire ofPlant,lT&whicles | 't2,548 | 13,293 |
| Hire ofProperty (2022Restated) | 31,231 | 24,483 |
| Auditors'Remuneration: | ||
| UKAuditFees | 18,800 | 2'1,845 |
| Feespaidto auditorsforotherservices | 2,818 | 550 |
| Audit Feesoforerseasbranches | 20,789 | 22,177 |
| MovementinFunds | |||||||
|---|---|---|---|---|---|---|---|
| At01/01/23 | lncome | lnvesfmentExpenditure | Transfiers | At31l1A23 | |||
| gains & | |||||||
| (losses) | |||||||
| I | Ê€ÊE | ||||||
| UnreSrictedFunds: | |||||||
| GeneralFund | 8,508,148 | 4,989,t35 | 2,577(4,094,867)(303,999) | 9,100,994 | |||
| Re$rictedFunds: | |||||||
| Translatingthe Scriptures | 245,848 | 313,057 | (472,053) | 86,852 | |||
| Publishing the Scriptures | |||||||
| Distributing the Scriptures | 443,213 | 555,345 | (3r0,689) | (58,478) | 629,391 | ||
| Promoting&Upholdingthe Scriptures Total Redr¡cted Funds |
689,061 | 895,165 26,763 |
- | (805,272) --lsB/-?B-t (22,530) |
4,233 720,476 |
||
| DesignatedFunds: | |||||||
| Translatingthe Scriptures | I39,692 | 2,214 | (41,667) | 41,536 | 141,775 |
||
| Publishing the Scriptures Distributing the Scriptures |
54,813 | 8,385 | (rI,992) (165,4ô1) |
11,992 308,949 |
206,686 | ||
| Promoting &Upholdingthe Scriptures | |||||||
| TotalDes'gnated Funds | 194,505 | 10,599 | (21s,12O) | 362,477 | 348,461 | ||
| EndowmentFunds: | |||||||
| GoldenThoughtsCalendar Fund | 2,783,596 | (104,436) | 2,679,160 | ||||
| TotalFunds | 12,1?5,310 | 5^S94É99 | -1101^S59)-lffirt | - | 12,849,091 |
| Restricted FundsDetailedAnalvsis | |||||
|---|---|---|---|---|---|
| At01101123 | lncome | lnvestmentExpenditure | Transfers | A131112/123 | |
| gains& | |||||
| Ê | Ê | (losses) ÊÊ |
â | Ê | |
| AbkhazScriptureFund | 1,048 | 39 | 1,087 | ||
| AmharicDistribution&PromotionFund | 2,485 | (2,485) | |||
| Amharic ScriptureFund | 1,507 | (1,507) | |||
| Arabic ScriptureFund | 600 | 6'18 | (7e6) | 422 | |
| Armenian BiblesFund | 29,582 | (29,582) | |||
| BibleTraralation Furd | 1,659 | (1,65e) | |||
| Bibles&NewTestaments Furd | 208 | (208) | |||
| Biblesfor ArmeniaFund | 102 | (102) | |||
| Biblesfor KenyaFund | 4,618 | (4,618) | |||
| Biblesfor PrisonersFund | 53,397 | 4,222 | (5,017) | 52,602 | |
| Biblesfor SchoolsFund | |||||
| Biblesfor ZimbabweFund | 4,029 | (4,02s) | |||
| BiblesOnlyFund | 4,936 | 9,194 | (12,486) | 1,644 | |
| British SignLarguageFund | 834 | 173 | 1,007 | ||
| ChichewaScriptureFund | s46 | 374 | (e20) | ||
| Children&SchoolsScriptureFund | 9,212 | 9,984 | (4,215) | 14,981 | |
| Chinese Bible TranslationFund | 15,287 | 62,784 | (76,386) | 1,685 | |
| Ch¡nese NTGrants GBSFund | 26,793 | 26,793 | |||
| ChineseScriptureFund | 571 | 12,573 | (13,144) | ||
| Dakota Scripture Furd | 1,063 | 39 | 1,102 | ||
| DarVGio NewTestamentFund | 52,011 | 1,760 | 53,771 | ||
| Dary'Gio OldTestamentFund | 26,544 | 24,101 | (50,645) | ||
| Dary'GioScriptureFund | 11,685 | 9,230 | (6,605) | 14,310 | |
| Desauri TharuGospelFund | 3,333 | (3,333) | |||
| Desauri TharuNTTranslation Fund1 | 21 | 3,106 | (3,127) | ||
| Desauri TharuNTTranslationFund2 | 23,619 | 9,183 | (32,802) | ||
| Donationsfor GrantsFund | 36,470 | 32,773 | (47,127) | 22,116 | |
| EasternEuropeanScriptureFund EthiopianOffice ProjectFund |
250 81,472 |
(250) | qiz I |
||
| EvangelisticTractsFund | 419 | 15 | (40) | 394 | |
| Farsi ScriptureFund | 1,680 | 2,329 | (644) | 365 3, |
|
| ForeignScripturesFund | 473 | (473) | |||
| French NewTestamentCompletionFund | 4,303 | (4,303) | |||
| FrenchScriptureFund | 77 | 942 | (1,01e) | ||
| Ghana-BiblesforChildrenFund Golden Thoughts CalendarsFund |
150 435 |
6 118,115 |
(56,86e)(58,478) | 156 3,203 |
|
| HausaScriptureFund | 284 | 10 | 294 | ||
| HebrewNewTestament TranslationFund 2 | 1 | 78,5ô9 | (78,56e) | 1 | |
| HebrewNTinAudioTWR-NLFund | 't,169 | 4,794 | (4,488) | 1,475 | |
| Hebrew ScriptureFund | 8,833 | 2,655 | (11,488) | ||
| HindiScripturesFund | 759 | (75e) | |||
| llonggo ScriptureFund | 1,291 | 47 | 1,338 | ||
| lndianTribalLanguagesFund | 18,210 | (13,764) | 4,446 | ||
| lsland ScriptureFundI | 13,690 | 216 | (6,162) | 7,744 | |
| Japanese ScriptureFund | l5 | 15 | |||
| Kabyle Scripture Furd | 542 | 542 | |||
| Kenya-BiblesforChildrenFund | 92 | (s2) | |||
| Kikamba TranslationFund | 2,913 | 88 | (1,058) | 1,943 |
| Resfricted Funds Detailed Analvsis(con | tinued) | ||||
|---|---|---|---|---|---|
| A;t01101123 | lncome | lnvestmentExpenditure | Transferc | At31t12i23 | |
| gains & | |||||
| ÊÊÊ€ | (losses) | € | € | ||
| Kisanga ScriptureFund | 189 | 5 | (80) | 114 | |
| Korean ScriptureFund | 39 | (3e) | |||
| LatvianScriptureFund | 12,301 | 453 | 12,754 | ||
| LhaowScriptureFund | 3,005 | 109 | (2) | 3,112 | |
| Lisu ScriptureFund | 1,004 | 34 | (170) | 868 | |
| Maori ScriptureFund | 15,793 | 581 | 16,374 | ||
| MongolianNewTestament FundI | 21,815 | (21,815) | |||
| MongolianNewTestamentFund2 | 49,502 | (31,445) | 18,057 | ||
| Mozambique ScriptureFund | 5,601 | 461 | (550) | 5,512 | |
| NewTranslation ProjectsFund | 12,730 | 't2,730 | |||
| NorwegianScriptureFund | 1,023 | (85) | 938 | ||
| Original LanguagesFund | 26,459 | 974 | 27,433 | ||
| Paschimi Kham GospelFund | 4,668 | 4,668 | |||
| PersianNewTestamentFund | 17,913 | 7,830 | 25,743 | ||
| Pokot ScriptureFund | 20 | (20) | |||
| Railway Poster ScriptureFund | 9,161 | (e,161) | |||
| RomanianWLC ScriptureFund | 7,000 | (7,000) | |||
| Russian ScriptureFund | 413 | (4r 3) | |||
| Scripture DisplayFund | 26,763 | (22,530) | 4,233 | ||
| Scripturesfor Greater TorontoAreaFund | 24,880 | (777) | 24,103 | ||
| ScripturesforMarketStallsFund | 3,044 | 112 | 3,'156 | ||
| ScripturesforMuslimsFund | 200 | 200 | |||
| Scriptures for Poor CountriesFund | 67,647 | 6,659 | (17,1e4) | 57,112 | |
| Scripturesforthe UKFund | 200 | (200) | |||
| ScripturesforUkrainiansFund | 40,273 | 35,681 | (47,5e5) | 28,369 | |
| Shona ScriptureFund | 1,029 | (1,02e) | |||
| Simte ScriptureFund | 239 | (23e) | |||
| Spanish Bible GrantsBolivia Fund | 't5,'t'tI | 15,1 18 | |||
| Spanish Granting & CaniageFund | 137,375 | (14,e38) | 122,437 | ||
| SpanishNTPPColumbiaConfer. Fund | 10,087 | (10,087) | |||
| Spanish NTPP PrintingFund | 9,979 | (e,e7e) | |||
| Spanish TranslationConference Fund | 25,900 | (25,900) | |||
| Spanish Translation FundFund 2 | 8,903 | (8,e03) | |||
| Spanish TranslationWorkFund | 11,211 | 86,847 | (98,057) | 1 | |
| Support forAfricaFund | 4,570 | 168 | 4,738 | ||
| Swahili ScriptureFund | 994 | 679 | (1,673) | ||
| TagalogScriptureFund | 1,703 | 1,628 | (3,126) | 205 | |
| TedimZokam ScriptureFund | 212 | I | 220 | ||
| ThadouScriptureFund | 7,331 | 281 | (1,75e) | 5,8s3 | |
| Thaiti Maithiili GospelFund | 4,668 | 4,668 | |||
| TorontoTransit CampaignFund | 12,374 | 13,208 | (14,153) | 11,429 | |
| Translationofthe ScripturesFund | 18,347 | 20,315 | (38,644) | 18 | |
| Turkish ScriptureFund | 621 | 788 | (364) | 1,045 | |
| Ukrainian BibleFund | 8,147 | 8,147 | |||
| UkrainianScriptureFund | 4,795 | 109 | (3,039) | 1,865 | |
| Vaiphei ScriptureFund | |||||
| Vietnamese ScriptureFund | 483 | 18 | 501 | ||
| Welsh ScriptureFund | 776 | 79 | (8) | 847 | |
| Zmbabwe ScriptureFund | 250 | 250 | (s00) | ||
| TotalReslricted Funds | 689,061 | 895,165 | ßo5,2721 | (58,478)720,476 |
| 12bDesignatedFundsDetailed Analysis | At01l,01123 | lncome lnvestment |
Expenditure | Transfers | At31112123 |
|---|---|---|---|---|---|
| gains& | |||||
| t | Ê (losses) €[ÊÊ |
||||
| AmharicBible TranslationFund | 691 | (41,306) | 78,840 | 38,225 | |
| AmharicDistributionCentre | (5,e30) | 5,930 | |||
| Chichewa ScriptureFund | |||||
| Dan/Gio ScriptureFund | 155 | 25 | 180 | ||
| Donations for GrantsFund | 697 | (64,627) | 102,516 | 38,586 | |
| Farsi ScriptureFund | 97,094 | 97,094 | |||
| FarsiBibleGrantingFund | 3,575 | 112 | 3,687 | ||
| FrenchNTDistributionFund | 26,922 | 625 | (20,778) | 913 | 7,682 |
| French ScriptureFund | 54,588 | 2,866 | (53,598) | 100,'176 | 104,032 |
| HebrewNewTestament Promotion&Grants | 393 | 21,350 | 21,743 | ||
| lndian Tribal LanguagesFund | 65 | 3,558 | 3,623 | ||
| Romanian Bible DistributionFund | 7,608 | (7,608) | |||
| Russian BiblesFund | 976 | 36 | 1,012 | ||
| SpanishBible PromotionFund | (11,ee2) | 11,992 | |||
| Tamil TranslationFund | 903 | (e03) | |||
| Tribal Languages TranslationFund | 457 | (1,852) | 26,687 | 25,292 | |
| Turkish Bible RevisionFund | 128 | (3,434) | 10,378 | 7,072 | |
| Turkish Old TestamentReview Fund | 7,092 | (7,092) | |||
| Ukrainian ScriptureFund | 225 | I | 233 | ||
| TotalDesignated Funds | 194,505 | 10"599-Æ2ol | 362,477 | 348,461 |
| TherehasbeennorestatementofopeningFund balances | lor2023 | ||||
|---|---|---|---|---|---|
| UnresÍricted | Resúricted | Designated | Endowment | ||
| Funds | Funds | Funds | Funds | Total | |
| 2023 | 2023 | 2023 | 2023 | 2023 | |
| € | Ê | Ê | Ê | t | |
| Total Fundsat31112122asstated in2022 Financial | 8,508,'148689,061194,5052,783,596 | 12,175,310 | |||
| Statements | |||||
| l/l/23Brought Forward adjusÍments: | |||||
| TotalFundsat111123asstatedin2023 | 8,508,148 689,061194,5052,783,596 | 12,175,310 | |||
| Financial Statements |
| Freehold | Leasehold | Leasehold | Computer | Computer | ||||
|---|---|---|---|---|---|---|---|---|
| property I |
property Ê |
Equípment Ê |
equipment Ê |
Library Ê |
TOTAL I |
|||
| Gost: | ||||||||
| At1January2023 | 2,920,125 | 498,857 | 48,322 | 31,108 | 4,954 | 3,503,366 | ||
| Additions NetWrite-off onDisposals* |
1,403 | 612 | 2,015 | |||||
| Foreign ExchangeAdjustment** At31 December 2023 |
1,683 2,921,808 |
(25,021) 473,836 |
145 49,870 |
170 31,990 |
112 5,066 |
(22,e11) 3,482,470 |
||
| Depreciation: | ||||||||
| At1January2023 | 351,856 | 197,587 | 43,765 | 22,444 | 615,652 | |||
| Chargefortheyear Released ondisposal Foreign Exchange Adjustment* At31 Decembe¡ 2023 |
42,636 4,241 398,733 |
12,441 (10,025) 200,003 |
1,458 287 45,510 |
2,464 263 25,171 |
58,999 (5,234) 669,417 |
|||
| Netbookvalue: | ||||||||
| At31 December 2023 | 2,523,075 | 273,833 | 4,360 | 6,719 | 5,066 | 2,813,053 | ||
| At 31 December 2022 | 2,568,269 | 301,270 | 4,557 | 8,664 | 4,954 | 2,887,714 | ||
| NetLoss onDisposalofFixed | Assets | |||||||
| NetLoss on ForeignExchange | Adjustment | (17,677) |
| Freehold | Leasehold | Computer | ||||
|---|---|---|---|---|---|---|
| property | property | Equipment | equipment | Library | Total | |
| Ê | s | € | Ê | â | I | |
| Cost | ||||||
| AtIJanuary2023 | 2,846,154 | 22,128 | 2,868,282 | |||
| Additions | ||||||
| Disposals | ||||||
| At3lDecember 2023 | 2,846,154 | 22,128 | 2,969,292 | |||
| Depreciation | ||||||
| At1 January2023 | 298,456 | 16,138 | 314,594 | |||
| Chargefortheyear | 42,637 | 898 | 43,535 | |||
| Released on disposal | ||||||
| Æ3lDecember 2023 | 341 093 | 17,036 | 358,129 | |||
| Netbookvalue: | ||||||
| At3lDecember 2023 | 2,505,061 | 5,092 | 2,510,I53 | |||
| At31 December 2022 | 2,547,698 | 5,990 | 2,553,688 |
| FixedAssetInve$ments-Gonsolidated | ||||||
|---|---|---|---|---|---|---|
| UnreSricted Funds 2023 Ê |
ReSricted Funds 2023 Ê |
Dedgnated Funds 2023 ʀ |
Endowment Funds 2023 |
Total 2023 â |
Total 2022 Ê |
|
| Marketvalue: | ||||||
| At1January 2023 | 164,550 | 1,569,405 | 1,733,955 | 2,373,826 | ||
| Additions | 13,915 | 87,147 | 101,062 | 158,668 | ||
| Disposals Realised/Unrealisedgains/(losses) |
2,577 | (27,383) (104,ßq7 |
(27,383) (101,859) |
(658,324) (140,755) |
||
| RewluationduetoForeign Exchange | (8,003) | (8,003) | 540 | |||
| At31December2023 | 173,039 | 1,524,732 | 1,697,772 | 1,733,955 | ||
| Divisibleasfollows: | ||||||
| Property | ||||||
| Listed¡n\estments | 16,ô02 | 1,524,733 | 1,541,334 | 1,575,287 | ||
| Short{erm depositsandcashbalances | 156,437 173.039 |
1,524,733 | 156,437 1,697,772 |
158,668 1,733,955 |
| FixedAsset lnvesúments-UK | ||||||
|---|---|---|---|---|---|---|
| UnresÍricted Funds 2023t |
Reslricted Funds 2023 c |
Dedgnated Funds 2023 Êt |
Endowment Funds 2023 |
Total 2023 Ê |
Total 2022 Ê |
|
| Marketvalue: | ||||||
| At1January 2023 | 1,569,405 | 1,569,405 | 2,360,210 | |||
| Additions | 87,147 | 87,147 | ||||
| Disposals Realised/Unrealisedgains/(losses) |
(27,383) (104,436) |
(27,383) (104,436) |
(658,324) (132,481| |
|||
| At31Decembet2023 | 1.524,733 | _1,524,7ß | 1,569,405 | |||
| Divisibleasfollows: | ||||||
| Property Listedin\estments |
1,524,733 1,524,733 | 1,569,405 | ||||
| Short{erm depositsandcashbalances | 1.524.733 I |
| Stocks&WorkinProgress | |||
|---|---|---|---|
| Gonsolidated Consolidated | UK | UK | |
| 2023 2022 |
2023 | 2022 | |
| tt | € | Ê | |
| Finished Goods Work inprogress |
1,339,809 198,690 1,427,763 9,050 1,538,4991,436,813 |
846,1221,004,195 't98,690 9,050 1,0&,8121,013,245 |
| Gonsolidated 2023 ʀ |
Consolidated 2022 |
2023 UK t |
UK Ê 2022 |
|
|---|---|---|---|---|
| Tradedebtors | 426,749 | 142,577 | 214,322 | 43,501 |
| Legacies receirable | 1,502,578 | 324,937 | 1,502,578 | 324,937 |
| Amounts duefomo\erseasbranches | 147,424 | 128,860 | ||
| Other debtors, prepayments&accrued income | 150,404 | 108,261 | 118,896 | 62,337 |
| 2,079,731 | 575,775 | 1,983,220 | 559,635 |
| Gurrent Assetlnve*ments(lessthan1vea | r to maturitv)-Conso | lidated | ||||
|---|---|---|---|---|---|---|
| Unresúricted Funds 2023 €€ |
ReSricted Funds 2023 |
Designated Funds 2023 ʀ |
Endowment Funds 2023 |
Total 2023 Ê |
Total 2022 € |
|
| Marketvalue: | ||||||
| AtIJanuary 2023 | 3,368,ô73 | 1,214,191 | 4,582,864 | 3,572,062 | ||
| Additions | 2,831,524 | 512,920 | 3,344,443 | 1,183,290 | ||
| Disposal Proceeds | (3,718,498) | (572,684) | (4,291,182) | (172,488) | ||
| Realised/Unrealised gains/(losses) | ||||||
| Rer,aluationduetoForeign Exchange | (4,076) | (4.076) | ||||
| At31December2023 | 2,477,622 | 1,154.427 | 3,632,049 | 4,582,8æ | ||
| Divisibleasfollows: | ||||||
| Listed inrestments | ||||||
| Short-term deposits andcashbalances | 2,477,622 | 1,154,427 | 3,632,049 | 4,582,864 | ||
| 2,477,622 | '1,154,427 | 3,632,049 | 4,582,8æ |
| Current Assetlnvestmentsllessthan1vea | r to maturitv) .UK | |||||
|---|---|---|---|---|---|---|
| UnreSricted Funds |
Resúricted Funds |
Designated Funds |
Endowment Funds |
Total | Total | |
| 2023 Ê |
2023 € |
2023 €Ê |
2023 | 2023 Ê |
2022 Ê |
|
| Marketvalue | ||||||
| At1January 2023 | 3,328,523 | 1,214,191 | 4,542,714 | 3,395,245 | ||
| Additions | 2,672,223 | 512,920 | 3,185,143 | 1,159,1 13 | ||
| Disposals | (3,710,488) | (572,684) | (4,283,172) | (15,644) | ||
| Net unrealisedgains/(losses) | ||||||
| At31December2023 | 2,290,258 | 1,154,427 | 3,444,685 | 4,542,7't4 | ||
| Divisibleasfollows: | ||||||
| Listedinrcstments | ||||||
| Short-term deposits andcashbalances | 2,290,258 | 1,154,427 | 3,444,685 | 4,542,714 | ||
| 2,290,258 | 1,154,427 | 3,444,685 | 4,542,714 |
| Greditors | |||
|---|---|---|---|
| Gonsolidated Consolidated | UK | UK | |
| 2023 2022 ʀ |
2023 € |
Ê 2022 |
|
| Trade creditors Amountsduetoorerseas branches Other creditors and accruals Defened lncome |
329,325489,061 76,071 24,554 59,265 17,950 |
283,472 138,018 70,020 24,554 |
403,689 111,306 44,865 17,950 |
| 429,950 566,276 |
516,064 | 577,810 |
| Analvsis ofNetAssets | |||||||
|---|---|---|---|---|---|---|---|
| UnreÍricted Funds 2023 Ê |
Redricted Funds 2023 E |
Designated Endowment Funds Funds 2023 2023 €Ê |
Total 2023 Ê |
Total 2022 Ê |
|||
| Tangible FixedAssets | 2,813,053 | 2,813,053 | 2,887,714 | ||||
| FixedAsset ln\estments | 173,039 | 1,524,733 | 1,697,772 | 1,733,955 | |||
| Net CunentAssets | 6,114,902 | 720,476348,4611,154,427 | 8,338,266 | 7,553,641 | |||
| NetAssets atthe endoftheyear | 9,100,994 | ::: | 720,476348,461 | 2,679,160 | 12,849,091 | 12,',175,310 | |
| Leasinq Commitments-OperatinE& PropertvLeases | |||||||
| 2023 | 2022 | ||||||
| € | Ê | ||||||
| The total future minimumleasepaymentsundernon-cancellable operating leases | are payable as fullows: | ||||||
| Operating Leases(Plant,lT& Vehicles): Withinoneyear |
8,540 | 1l,804 | |||||
| Withintwo to fireyears | 23,941 | 14,761 | |||||
| More thanfiræyears | |||||||
| Property Leases: | |||||||
| Withinoneyear | 20,586 | 7,060 | |||||
| Withintwo to fireyears | 78,914 | ||||||
| More thanfiwyears |
| Reconciliation ofNetlncome/ExpendituretoNetCashFlow from OperatinqActivities | ||
|---|---|---|
| 2023 | 2022 | |
| € | Ê | |
| Netlncome/(Expenditure) | 728,467 | 258,193 |
| AdjuSments for: Depreciation Charges(Note14a) |
59,000 | 65,649 |
| (Gains/Losseson (FixedAsset) lnrestments(Note15a) | 101,859 | 140,755 |
| Dividends, interest and rents fromlnwstments(Note 4) | (207,432) | (140,450) |
| Loss/(profit)onDisposal of FixedAssets(Note14a) | ||
| (Gains/Losseson Currency Reraluation of FixedAssets(Note14a) | (17,677) | 40,927 |
| (Gains/Losseson Currency Reraluation of FixedAsset lnrestments(Note15a) | 8,003 | (540) |
| Decrease/(lncrease) inStocks(Note16) Decrease/(lncrease)inDebtors(Note17) |
(101,686) (1,503,956) |
(276,047) (123,428) |
| lncrease/(Decrease) in Creditors(Note19) | (136,326) | 301,016 |
| Netcashprovidedby(usedin) operatingactivities | (1,069,747) | 266,075 |
| complicate the current year' atthe end. |
sNotesto the FinancialSt | atements, | atements, | the Society |
has chosen |
toinclude the |
sehere | |
|---|---|---|---|---|---|---|---|---|
| Unrestrlcted | Restricted | Designated | Endowment | |||||
| Funds | Funds | Funds | Funds | Total | Total | |||
| 2022 Ê |
2022î | 2021 Ê |
2022 Ê |
2022 C |
2021r | |||
| 2 | Donations & Leqacies | |||||||
| Subscriptions | 95,005 | 95,005 | 51,2'.t6 | |||||
| Donations | 1,579,124 | zoa,qit | 1,787,601 | 1,182,614 | ||||
| Collections | 347,426 | 4,726 | 352,152 | 268,296 | ||||
| Legacies PartnerFunding |
220,483 2,242,038 |
333,302 546,505 |
220,483 333,302 2,788,543 |
1,581,348 541,038 3,624,5't2 |
| life tenancy, The conditionsforrecogn¡tionof this income hav estimatedvalueof the legacyisÊ37,000. |
e not been met and th | erefore this l | egacy is not inclu | ded as inco | meinthe accounts | . The | |
|---|---|---|---|---|---|---|---|
| 3 | CharitableActivlties.Distributionof the Scriptures | ||||||
| Sales lncome | 1,438,037 | 9,033 | 1,447,070 | 1,262,475 | |||
| Royalt¡es | 34,949 | 34,949 | 49,260 | ||||
| 1,472,996 | 9.033 | . | 1,482,019 | 1,311,735 | |||
| 4 | lnvestment lncome | ||||||
| Listed lnvestments | 36 | 73,233 | 73,269 | 70,582 | |||
| Cash Deposit lnterest | 39,038 | 21,177 | 2,603 | 62,818 | 29,818 | ||
| Rent & Service Charges | 4,363 43,437 |
94,4f0 | 2,603 | - | 4,363 140,450 |
2,036 102,436 |
|
| 4a | Other lncome |
| 4a | evce ages Other lncome |
4,363 43,4 |
37 | 94,4f0 | 2,603 | - | 4,363 140,450 |
2,036 102,436 |
|---|---|---|---|---|---|---|---|---|
| Government Grants | 8,255 | 8,255 8,255 |
17,188 17,188 |
|||||
| Unrestricted | Restr¡cted | Designated | Endowment | |||||
| Funds | Funds | Funds | Funds | Total | Total | |||
| 2022 | 2022 | 2021 | 2022 | 2022 | 2021 | |||
| t | r | Ê | I | Ê | € | |||
| 5 | Raisins Funds | |||||||
| Raising CharitableFunds | 5,877 | 5,877 | 1,354 | |||||
| lnvestment Management | 4,039 9,916 |
14,338 14,338 |
18,377 24,254 |
17,958 19,312 |
| 3 | Notestothe Financial Statemen | ts2022(continued) | ts2022(continued) | |||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted Restricted |
Designated | Endowment | ||||||
| Funds | Funds | Funds | Funds | Total | Total | |||
| 2022 | 2022 | 2021 | 2022 | 2022 | 2021 | |||
| Ê | Ê | Ê | Ê | Ê | Ê | |||
| 6 | GharitableActivities | |||||||
| Translatingthe Scriptures Direct Costs of Translation & RevisionProjects Oversight of Translation& Revision Projects |
225,730 82,615 |
386,668 43,860 |
111,442 13,850 |
723,840 140,325 |
611,724 109,619 |
|||
| Editorìal Development & Other Activity | 203,082 5ll .427 |
430,528 | 125,292 | 203,082 't,o67,247 |
144,747 866,090 |
|||
| Publishingthe Scriptures PublicationofScriptures & Scriptureltems |
86,435 86,435 |
- | 86,435 86,435 |
101,278 101,278 |
||||
| Distributing the Scriptures CostofGoods Sold Sales Despatch&Carriage Sales Marketìng&Promotion Sales Adm¡nistration &Management Cost of Scriptures Granted Grants Postage & Carriage Grants Administration &Management Displaying the Scriptures Publicly Distribution Centres |
776,473 319,497 28,808 443,039 190,822 33,005 79,001 31,254 39,985 1,941,884 |
4,115 154,358 20,084 5,273 32,874 10,370 227,074 |
41,391 a4Ãô 47 550 |
- - - - - - - - - - |
780,588744,457 319,497276,753 28,808 37,338 443,039363,973 386,571369,816 59,248 53,789 84,274128J06 64,128 59,614 50,355 30,550 2,216,5082,064,396 |
|||
| Promotion & Upholding Promoting & Upholding the Scriptures |
630,832 630,832 |
2,337 2,337 |
633,169567,428 5o?,4æ |
|||||
| 3,'t70,578 | 659,939 | 't72,842 | 4"003359 | 3"599¡92 | ||||
| 1b | Movementin Funds | |||||||
| --- | ||||||||
| N.01101/,22lncome | lnvestmentExpenditureTransfersAf.3'/112122 | |||||||
| gains | & | |||||||
| (losses) | ||||||||
| Ê Ê |
ÊÊÊÊ | |||||||
| Unrestricted Funds GeneralFund |
7,911,5753,766,716 | (982)(3,000,599) | (168,562)8,508,148 | |||||
| Restricted Funds: | ||||||||
| TranslatirgtheScriptures | 227,184 431,916 |
(416,526) | 3,274 | 245,848 | ||||
| Publishingthe Scriptures Distributingthe Scriptures |
492,763 240,336 |
(255,335) | (34,643) | 443,121 | ||||
| Promoting& Upholdirg theScriptures Total Restricted Funds |
719,947672,252 | (ô71,861) | (31,369) | 688,e69 | ||||
| Designated Funds: | ||||||||
| TranslatirgtheScriptures | 139,455 2,023 |
(11,e16) | 10,'130 | 139,692 | ||||
| Publishingthe Scriptures | ||||||||
| Distributingthe Scriptures | 25,358 580 |
(160,926) | 189,801 | 54,813 | ||||
| Promoting& Upholditp theScriptures TotalDesignatedFunds |
164,813 2,603 |
(172,842) | I99,931 | 194,505 | ||||
| EndowmentFunds: | ||||||||
| Golden ThoughtsCalendarFund | 2,916,075 | (132,479) | 2,783,596 | |||||
| TotalFunds | 4,441,57'l(133,461)(3,845,302) 11,7't2,4',10 |
12,175,218 |
| Restricted FundsDetailedAnalvsis | |||||
|---|---|---|---|---|---|
| At01101l,22 | lncome | lnvestmentExpenditureTransfersAt31112122 | |||
| gains & | |||||
| Ê | Ê | (losses) ÊÊÊÊ |
|||
| AbkhazScriptureFund | 1,033 | 15 | 1,048 | ||
| AfricaScriptureFund | 580 | 45 | (625) | ||
| Amharic Distribution&PromotionFund | 4,123 | 48 | (1,686) | 2,485 | |
| AmharicNT&PsalmsFund | 9,920 | (e,920) | |||
| AmharicScriptureFund | 7,800 | 3,255 | (11,055) | ||
| Arabic ScriptureFund | 600 | 600 | |||
| Bible TranslationFund | 1,581 | (1,581) | |||
| BiblesforArmeniaFund | 102 | 102 | |||
| BiblesforPrisonersFund | 48,932 | 6,176 | (1,711) | 53,397 | |
| BiblesforSctroolsFund | |||||
| Biblesfor ZimbabweFund | 4,029 | 4,029 | |||
| BiblesOnlyFund | 14 | 19,121 | (14,199) | 4,936 | |
| Bibles Outside UKFund | 625 | (625) | |||
| Bibles, NTs&GospelstoNigeriaFund | 1,057 | 4,850 | (5,907) | ||
| British Sign Language | 850 | (16) | 834 | ||
| ChichewaScriptureFund | 5,116 | 1,920 | (6,4e0) | 546 | |
| Children & SchoolsScriptureFund | 5,096 | 10,072 | (5,e56) | 9,212 | |
| Chinese Bible TranslationFund | 13,176 | 104,022 | (101,911) | 15,287 | |
| ChineseScriptureFund | 4,090 | 7,762 | (11,2811 | 571 | |
| Dakota ScriptureFund | 1,048 | 15 | 1,063 | ||
| DarVGio OldTestamentFund | 26,544 | 26,544 | |||
| Dary'Gio NewTestament Furd | 51,383 | 628 | 52,011 | ||
| Dary'GioScriptureFund | 1,517 | 13,966 | (6,483) | 2,685 | 11,685 |
| Desauri TharuNTTranslation Fund1 | 21 | 21 | |||
| Desauri TharuNTTranslation Fund2 | 30,980 | (7,361) | 23,619 | ||
| Donationsfor GrantsFund | 46,924 | 12,632 | (23,086) | 36,470 | |
| Eastern EuropeanScriptureFund | 250 | (250) | |||
| English BiblesFurd | 125 | (125) | |||
| Ethiopian DistributionCentreFund | zàz 2, |
(2,282) | |||
| Evargelistic TractsFund | 448 | 6 | (35) | 419 | |
| Farsi ScriptureFund | 530 | 2,992 | (2,842) | 1,680 | |
| Foreign Language BiblesFund | 700 | (700) | |||
| ForeignScripturesFund | 473 | (473) | |||
| French NewTestamentCompletionFund | 3,000 | 1,303 | 4,303 | ||
| FrenchScriptureFund | 752 | (675) | 77 | ||
| Ghana-BiblesforChildrenFund | 150 | 150 | |||
| Golden Thoughts CalendarsFund | 157 | 98,4't0 | (50,470)(47,662) | 435 | |
| HausaScriptureFund | 284 | 284 | |||
| Hebrew NewTestamentTranslationFund | 77,386 | (77,386) | |||
| Hebrew NTinAudioTWR-NLFund | 4,870 | (3,701 ) | 1,169 | ||
| HebrewScriptureFund | 8,344 | 2,778 | (2,28e) | 8,833 | |
| HindiScripturesFund | 210 | 3,186 | (3,3e6) | ||
| llonggoScriptureFund | 't,272 | 19 | 1,291 | ||
| lslardScriptureFund1 | 13,928 | 1,413 | (1,651) | 13,690 | |
| lsland Scripture Fund2 | 1 | (1) | |||
| JapaneseScriptureFund | 15 | 15 |
| ResúrictedFunds Detailed Analvsis(cont | inued) | inued) | ||||
|---|---|---|---|---|---|---|
| A101101122 | lncome | lnvesfmentÉ<penditureTransfers | Al3'll'12i22 | |||
| gains & | ||||||
| Ê | € | (losses) ÊÊÊÊ |
||||
| Kalenjin ScriptureFund | 2,416 | (2,41_6) | ||||
| Kenya - BiblesforChildrenFund | 92 | 92 | ||||
| Kikamba TranslationFund | 4,988 | 57 | (2,132) | 2,913 | ||
| Kisanga ScriptureFund | 250 | (61) | 189 | |||
| LatvianScriptureFund | 12,124 | 177 | 12,301 | |||
| LegacyforGrantsFund | 1 | (1) | ||||
| Lhaow ScriptureFund | 2,960 | 45 | 3,005 | |||
| Lisu ScriptureFund | 990 | 14 | 1,004 | |||
| Madagascar ScriptureFund | ||||||
| Maori ScriptureFund | I | 5,566 | 227 | 15,793 | ||
| MongolianNewTestamentFund | 20,162 | 294 | 1,359 | 21,815 | ||
| MongolianOldTestamentFund | 72,371 | 7,582 | (30,451) | 49,502 | ||
| Mozambique ScriptureFund | 5,520 | 81 | 5,601 | |||
| NorwegianScriptureFund | 767 | (767) | ||||
| Original LanguagesFund | 26,078 | 381 | 26,459 | |||
| PersianNewTestamentFund | 12,23s | 5,680 | 17,913 | |||
| Pokot ScriptureFund | 117 | (117) | ||||
| Railway Poster ScriptureFund | 33,908 | 1,146 | (25,8e3) | 9,161 | ||
| RomanianScriptureFund | 47 | (47) | ||||
| RomanianWLC ScriptureFund | 7,000 | (7,000) | ||||
| Russian ScriptureFund | 913 | 71 | (e84) | |||
| ScripturesforArmed ForcesFund | 197 | (1e7) | ||||
| Scripturesfor Greater TorontoAreaFund | 23,502 | 1,378 | 24,880 | |||
| ScripturesfortheUK | 175 | (r75) | ||||
| Scriptures for MarketStallsFund | 3,000 | 44 | 3,044 | |||
| Scriptures forPoorCountriesFund | 62,560 | 8,863 | (3,776) | 67,647 | ||
| Scripturesfor Ukrainians | 40,550 | (277) | 40,273 | |||
| Shona BibleFund | 57,971 | (57,971) | ||||
| Shona ScriptureFund | 1,102 | 65 | (138) | 1,029 | ||
| SpanishNTPPColombiaConfer.Fund | 9,942 | 145 | 10,087 | |||
| Spanish NTPP PrintingFund | 16,883 | 195 | (7,oee) | 9,979 | ||
| Spanish Translation ConferenceFund | 25,528 | 373 | 25,901 | |||
| Spanish TranslationFund | 1 | 0,135 | 3,811 | (13,e46) | ||
| Spanish TranslationWorkFund | 27,269 | 125,621 | (141,679) | 11,211 | ||
| Support forAficaFund | 4,504 | 66 | 4,570 | |||
| Swahili ScriptureFund | 3,289 | (2,2s5) | 994 | |||
| TagalogScriptureFund | 439 | 1,259 | (584) | 589 | 1,703 | |
| TedimZokam ScriptureFund | 388 | (176) | 212 | |||
| ThadouScriptureFund | 7,356 | 106 | (131) | 7,331 | ||
| TorontoTransit CampaignFund | 6,381 | 686 | (7,712) | 13,019 | 12,374 | |
| Translationofthe ScripturesFund Turkish ScriptureFund |
15,213 612 |
13,616 I |
(10,482) | 18,347 621 |
||
| UkrainianScriptureFund | 2,926 | 4,083 | (2,214) | 4,795 | ||
| Vaiphei ScriptureFund | 201 | 356 | (557) | |||
| Vietnamese ScriptureFund | 476 | 7 | 483 | |||
| Welsh ScriptureFund | 952 | 13 | (18e) | 776 | ||
| Zmbabwe ScriptureFund | 250 | 250 | ||||
| TotalRestricted Funds | 720,039 | 674,668 | (674,2771_(3r!9Ð_ | 689,061 |
| 3 Notesto the FinancialStatemen |
ts2022(contin | uedl | |||
|---|---|---|---|---|---|
| l2bDesiqnatedFundsDetailedAnalvsis | |||||
| Al0'1101122 | lncome | lnvestmentExpenditureTransfers | Áú31l12t2? | ||
| gains & | |||||
| Ê | Ê | (losses) ÊÊÊÊ |
|||
| Amharic Bible TranslationFund | (4r,064) | 41,064 |
|||
| ChichewaScripture Furd | |||||
| Chinese Bible TranslationFund | |||||
| DorutionsforGrantsFund | (38,146) | 38,146 | |||
| FarsiScriptureFund | 95,697 | 1,397 | 97,094 | ||
| French NT DistributionFund | 26,534 | 388 | 26,922 | ||
| FrenchScriptureFund | 24,556 | 580 | (50,281) | 79,733 | 54,588 |
| Hebrew NewTestamentTranslationFund | (30,858) | 30,858 | |||
| lndianTribalLanguagesFund | |||||
| lslandScriptureFund | |||||
| KikambaTra¡slationFund | |||||
| MozambiqueScriptureFund | |||||
| Romanian Bible DistributionFund | 16,262 | 173 | (8,827) | 7,608 | |
| Russian BiblesFund | 962 | 14 | s76 | ||
| Shona BibleFund | 577 | (577) | |||
| TagalogScriptureFund | |||||
| Turkish OldTestamentReviewFund | 51 | (3,089) | 10,130 | 7,092 | |
| UkrainianScriptureFund | 225 | 225 | |||
| TotalDesignated Funds | 164,813 | 2.603 | (172,8421 | 199,931 | 194,505 |
| Current Asset lnvestments(less than1vear | tomaturitv) - Consolid | ated | ||||
|---|---|---|---|---|---|---|
| [Jnrestricted Funds |
Restr¡cted Funds |
Designated Funds |
Endowment Funds |
Total | Total | |
| 2022 CÊ |
2022 | 2022 ÊÊ |
2022 | 2022 Ê |
2021 r |
|
| Marketvalue: | ||||||
| At1January2022 Additions |
3,012,519 528,642 |
559,543 654,648 |
3,572,062 1,183,290 |
2,070,648 2,149,885 |
||
| DisposalProceeds | (172,488) | (172,488) | (639,604) | |||
| Realised/Unrealisedgains/(losses) Revaluation duetoForeignExchange |
(8,867) | |||||
| At3lDecember 2022 | 1,214,191 | 4,582,864 | 062 | |||
| Divisibleasfollows: | ||||||
| Listedinvestments Short-term deposits and cashbalances |
3,368,673 | 4,191 1,214,191 |
4,582,864 4,582,864 |
3,572,062 |
| GurrentAsset lnvestments(lessthan1vear | tomaturitv) -UK | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Designated | Endowment | |||
| Funds | Funds | Funds | Funds | Total | Total | |
| 2022 | 2022 | 2022 | 2022 | 2022 | 2021 | |
| E | Ê | Ê | € | E | Ê | |
| Marketvalue | ||||||
| At1January2022 Additions |
2,839,702 504,465 |
559,543 654,648 |
3,399,245 1,159,113 |
2,070,648 r,959,61r |
||
| Disposals | (15,644) | (15,644) | (631,014) | |||
| Net unrealisedgainsi(losses) | ||||||
| At31 December 2022 | 3, | '1.214.191 | 4,542,7',l4 | 3,399.245 | ||
| Divisibleasfollows: | ||||||
| Listedinvestments Short-term deposits and cashbalances |
3,328,523 | 1,214,191 | 4,542,714 | 3,399,245 | ||
| 3,328,523 | 1,214,',191 | 4,542,714 | 3,399,245 |
| AnalvsisofNetAssets | ||||
|---|---|---|---|---|
| Unrestricted Funds |
ReSricted Funds Designated Endowment Funds Funds |
Total | Total | |
| 2022 Ê |
2022 E 2022 2022 €€ |
2022 Ê |
2021 € |
|
| Tangible FixedAssets FixedAssetln\,estments Net CunentAssets Net Assetsatthe endoftheYear |
2,887,714 164,550 5,455,884 8,508,'148 |
oag,o6r,l,rl:lÎ?,i8? 689.061194,50s2,783,596 |
2,887,714 1,733,955 7,553,641 12,175,310 |
2,910,103 2,373,826 6,428,573 1't,712,502 |