REGISTERED COMPA14Y NUMBER: iK1329186 (England and Walo•) REGISTERED CPIARITY NUMBER: 24(th0 REPORT OF TrE TRUSTEES AND UNAUDITED FINANCIAL sTATEMEP￿s FOR THE YEAR ENDED 31 DECEMBER 2023 FOR THE CHRISTADELPHIAN MAGAZINE AND PUBLISHING ASSOCIATION THE CFRISTAOELPHIAN MAGAZINE AND PUBLISHING ASSOCIATION cONTE1￿s OF THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 2023 R•portol th• TvAt• 1 to 7 Ind•p•nd•nt Examlnerf$ Report Stalement of Fhwielal A¢tlvlll Balanc• Sh••t 10 to 11 Notes to Flnaneial Slatem¢nts 12 to 22 D•tall•d Si•t•m•nt of Fln•n¢l•l A¢ti¥lll•• rJ to 24 THE CHRISTADELPHIAN MAGAZINE ANO PUBLISHING ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OECEM8ER 2023 The trust995 VrtK> are also of ts dwrrty ts the ol Ihè C(ryarwes Ad 2LKA, present their repryt vrith th• fmarKi81 ststements of ts charity lor thè year 31 Decerts 2023. Thg truslees adopted the prov¢sions ol Accounts"ng and Reporb'n9 by Chanb"&s." Statement of RecC¥MmerM￿ Pr•th"c¢ to charities prepariNJ their accounts in accordance wrfth the Finan¢4 Repothj Si8￿￿ard •*ic*Ae in ts UK aTrJ Republ￿ ol Irgbnd IFRS 102) 1 j￿jary 20191. 08JECTWES AND ACTIvIT￿s Objec￿V•S and alms to prcffiote arKI en￿￿r￿ ath1#￿￿￿*nt xCerrta￿ of CIwLsla(kWsan relbwus dodn"n• pr￿81 Christian rslvJious 10 a￿$t aThJ advisè Chrisl•*phiw e￿laS and in(fvwJuals This has bgen MaInts￿ed by p￿I￿al￿ cl mag&1￿. Lwy*s. t*￿klets. thjital material. aNI other resour￿$. 2023 hlghlights 2023 was a year of tranSrti￿. January s•Y ol the Teskn)y maJazTh vrtth the Christajelphian magazim, under the tit* The Christadelphian irworatiTrJ Testmony. Th Test￿n￿Y tharity was *YJLwMI up and tr8n$ferred its f￿￿ck?1 assets to the CMPA in Juty, boosts"NJ CMPA'S bI￿rE sheel. Three T￿N￿onY tru5tee5 joined the CMPA as tru¥tees. The Testim¢my E*Jitw, Jerwny Thcffias. Ass￿ant Ei*trJr of ts Ghristaddphian lak¥¥J over from Rcger LoThJ ¥tho stood as Assistsnt Editor in Ihe sprwJ. Tho cthr key chaNJo¥ during the ywwa(• thè i*•wit of Tec￿ M￿an 85 Chainnw aThJ InAt88, aThJ of Anthèw BramNI as Editry. Andrew Walker was as Cha"r wnth effod frcrn Ihe Annual General Meeb"NJ in June. and Math Wine•ni torA up duty as Editor in Aut￿￿n. Th• trustÈÈs we grateful to Tec ArKJrew for thoir t£Jntrfbution5 to the CMPA over fflany years, for their skwardshw as chai￿1￿ aThJ Ediw over the past decade or t(¥Jether, tlw s￿￿shJIIY intr(xlus*d ￿VrO￿ents to gob￿￿n¢*. thAnC1￿ stewardshp manw8nt. Furthgrdthll• Most ofour trusteè aThY crynrn￿ee meètiry$ by dectr(￿￿ means. FArtlhe trustees met physulfy in Oeeamtér io dis(JJss and &Jree straknjy for the CMPA'S fijiwe direclth. wlile the retum ofthe Lord ￿u$ fr¢)m heaven. Mark Vincent led th• str*ègy se5$K￿ aTrJ frrfw¥d Ihe ago8d athonswith to￿ ￿ 2024 aThJ twm1. The trustees rnet on 11 March, 3 June. 16 Setrtern￿ 9 c*(￿￿r. The truste•s **re joiwj al the Main Cornmittee mgeth.ngs by Rog8r Lory, frJmwtyA*stsnt Edit￿. WI￿ bnNJ$ usefvl contwwjity and expeMne•. Thè Manag&nenl S￿￿c(nrnrt￿￿ mèt on 16 Febnjary. 10 May. 3 Juty, 1S Novemter. This su￿0mMittee dealt with matters ol a sxacttsl day404ay thre as I￿11 as for Iha Iru5teg r￿ting$, rnaki￿ apwcpriatè r*¢omr￿￿Jathon9. •KI commtssKJnry advarf* p4)er5. The trus*es hab* s￿*￿ted Edftor m m8asuf•s rèikn the tradry of pwe¥K4B year3 ty adhoring to sln.ct managament and staff Thè brths Yffjre pubhshed in tdh w.nled aThJ (rxmat." • Reveahng ts Buttwfiy (Sharon Pnrtsl In Remembrance ol IR¢xl Hakn) . Gthy's Specol Tr¢8swe ITestmony SF￿al L8SUè) . Ezra aThJ Ne￿MIah oisojss￿￿ Nc4es {DthJ Simpty Revelat￿ IGW Pglwrwl • CufTentWorf( Rde of IRoJ8r L•*is) Several blles ￿?1¥0 repn'nt8d. t&sirrfJ to ofsloth in harKI. The difvl library has aitraci&l 230 15 to gffMT as PL*)ltslh)r6 and rnagazinos are oduced. The whole Tests'mL¥ry m•¥zA* •¢live {1931.20221 w VM)yPya￿ IT￿ Ihe library in January. Pwje 1 THE CHRISTADELPHIAN IAAGAZIKE AND PUBUSHING ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 OBJECTIVES AND AeTivmES. ¢¢rtrtkn￿1 It i¥ W51om?ry l)r the E¢thtor, AssLStant Eth"tor. 5crfne of fv tnJ5tees lo be inmted to Speak at ChrBtadelphi8n mÈèting1 in many parts of thè vmld w￿n Ilw also put￿"Se work of the Office. This woth continued in 2023. Andrew Br8rnhill spokè In N*•4 Z•8larn1 in late 20Y21ekn 2023 aThJ at Rath[Thr￿ in Septemb8r 2ff23,' Mark Vincent spc*e In me1trJwr￿ aThY PleLqKJe n Octcthr 2023 at and ShipFenslxKg &"ble sch￿1$ In the summèr of 2023. The As￿Stant Editar at UK in A Sales of publtstions are Mcreasin￿Y twjt al knt tKM*stslb oFeraled #i ChrBtsdelphi8n wents throughout ts UK Tlw g8w*raled Inco￿ ol more Ihan £14,1)X). The sak of Se￿TrY-hand ￿1￿j￿)US books has )nlinwJ.' bl provbJ¥s a swnifiwit 58r¥ts to ow ￿￿nN￿rnty. t¥)th ty makirpJ trfx*s avalal￿e at a thaFer price th their new equivaknts and by rnakiThJ tidesav3dabl8 thai arè OL* ofyint 0￿r thè past fva yèars. sakn of Tr Christaddthian magaire haNP ty 28 per ￿nI, refiethro the ageing populatK)n of our wnfflunity. Younger membèrs of th• cms1ad01phi￿ ccffimunity are 18SS ￿terested in th8 magaan8 fotma( but the trustees we comry11￿ to Maintwlm￿ ts magau* as an imp￿tsnt S¢ML* to Ihe comn￿n￿l. both u) tèmis ol (k￿mInatiOn ol spvrtual contsnt aTrJ ol n￿￿$ abo￿ Christ*Jelphian e(th5ias aTrJ events. Followry our strat&Jy day in Decanber. methcdiThJ what to ￿lÈrtake. The books and pe￿*￿1¢al$ published by are ￿all*￿e ts purchase by eVery￿e at tyjr Registered Offtt. by post online B(x)kbts and pamphkts ISSLW a￿ aso avaigbb. as are materiats lor we in SuTrJ8y Schools that are open to al chadren wthirvJ 19 att6Th1. VIÈ Cont*)￿ to extend the range of bOok￿ts desvjned S￿cifiCallY for non. Chftstadelphwns Given Ihe W arThJJnt of Interest beir•J 5hry•¥n by Fa￿1 swkgrs a¢ross ￿ C(￿m￿nty. duded Farg artides ￿ (yJr magaz•*. and stc#* Farsi rdwJKJus malerial whth ￿ d8spatth on téharf of onè ol our sister Chan￿ Its ChnstsJeWMw LacluriNJ s[￿). in to a substaNd rnnt ol Erylth wexhi matenal vthh han¢Je cffi behdf. Page 2 THE CHRISTADELPHIAN MAGAJNE AND PUBLISFING ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 ACHIEVEMENT AND PERFORIAANCE Charitabl? Actlvltkno INe prowde a syrvi50ry printrg gr￿￿ dwn other Chnsladèlphian QlyanisatirA￿ to help ensuro that test usg * made ol tyJf r•S￿e8$ Th[￿gh sorr* of thesè I￿gan￿b￿. resour￿ are made aVal￿b￿, often on favour8We term5. for the gen¢ral rrtjbkc n the UK aThJ overso4s oFfKe also despatthes book$. bcKA(1ots and magazines to inteosted parb'es. hab* aso de%*10￿ent ey4HttsO K> otsr c1wistsde￿lan chariti8S in the hcfo that more consts*w ol res￿ ccrnp•J wth mi¥ ol Christadelphian stykgs now In Extemal lactorn An inwtant a￿eMaI tsctor is the dec&rp in ts size of ts ETrJth-Sk￿I￿j C￿$1￿1e￿jhlan community in 8ritain Ibut not in ts developx'n9 esFeoaly the a(*vdy re&lry t￿t ageirvJ segment of OLK e£thmurMty. This has necAs&tat•d a 0￿sIderath0n of mean5 of er¢Our￿r￿ great•r Marketing efforts are made continuou5ty by PU￿￿91￿j new material. pn[rt￿ artd electronic. aThJ are usmg soc¥1 metha and cther rneans of eommuni¢8ting to Chnsk•Jelphian e￿e$￿sS as appro￿ate. We are working to Kefi￿ aThJ futhw d•* this. A *lcc*ne chawJe has th¢ conbrwjng Infiux of In tr* U Pag8 3 THE CHRISTADELPHIAN MAGAZINE AND PLBUSHING ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 FINANCIAL REVIEW PTlnelpal fundlng •tyJr¢ aThJ indNKluals aTra I89￿e$. Flnanclal p￿1110￿ The nel deficit for Ihe Irom thantabk oc*wlBs. tlwd party thnakn, was £2,727 ofv+fv"ch £3,27S relates to unresthctwj fim(ts and a swpkts of £548 on restricied fmjs. Ths ccrnpares ¥￿th a defKat rf £24.430 in Ihe prgvious year Of￿1th £23.074 rel8tss to unrèsln.cbj luThJs aThJ £1.356 to restiicted fuTrts. ￿ dekat was reduced cDnwderatAy by the one￿ff transler4n of £57.087 Tgslwnwy clogjre ol that chanty. In addil¥M, were bkssed wth legacaes d￿￿onS Ihs ytsrwlbth f￿h•r oJr k)ss to Ihe 1ty4Ast18¥el kjr many yeaFS. Gtyen that the transfpr4n frun thè Tèstirrthw VAI Mt be r•p•a*d, the knvel of th￿atiOnS ￿ to be main&•￿￿, and preferabty Increas￿1, rf the ¢ybJoing deficit is bj bè kept at l•vds. Th8 *acy o)nwon•nt i8, 01 cthtrs8, unpr•dictabb. The trustees a￿ aware ol thè ch8r(¥'s on ¢knabms atNJ lega(aes to fijnd its dthts ¢on1wi￿ to lake acth?n to secure the kng4e￿ nalurg of ts bJsY*ss. As as Varic￿ efforts to increase the prc•kna rartrJe aTrJ generate more sales, costs conbryje to be manw carefvlty. staff WK¥g?s•J temkKsr?rity t￿r￿￿j ts y¢¥ lo albow for overfaps I￿O￿￿￿j and Wg edit￿ asssranl edtt(ws. Tl* trLt$t¥¢¥ I￿￿98d that thi¥ wa$ 8 worththle investment lo fac41ilate corthurty aThJ trarnsfer of kncrt¥bJJe. At ￿ yearend. the headcwnt stocmy at 6.9 full me equivalent. F4us ts equivalent of 0 3 frjl lThe gwi¥a￿ lor a freelan￿ bcokkeeper. Stoc* ￿Vets continue to te redu￿3. The tfuslees *il ¢(￿￿nue to reTrAew ts prcgw •¥r*t Uw stst•d ijtycbves ovar Ihe o)m5rvJ year. The am of Iru¥tse$' is to k88p the charity li a slat4e cc*KIlb￿ b te th to r*ièL*%*s ob*r th• C¥Jnin9 yws, il Lord rgmains away. Reser￿ pollty The trustees ￿eW the Asscoat*)n¥ athil*s b) er￿1* its res8ms polry For th8 foresee*Jkg fU￿re, thg ¢¥Xtal I￿r¥e$ provKJe invesWI Olf$￿ thè IAdiNJ d&1￿1. Th• reseNes also provKlè a88urarté of bèing ab￿ to cort"nL* t1￿ ofy9￿. The fixed assets of LqrKI ￿ offio b￿.￿li￿j$ re-yahA1 ￿ 2015 the tw) in¥wtrnent propwties in 2021. Tr trust8es cortsider that the rJJrrent Balance SW pre59rts ¥ rea￿￿￿4* aNJ fair eslmab.on ol the thartys t*twc#th. T￿ unreslrided fi￿￿1$ as at 31 Decemter 2￿23 cunwse g￿Tal fvnd £525.70812022. £525.8e61, rèvaluabon fès £312.26512022". £315.3621 and lair Val￿ reserst of £218,245 12022 £218.2451. Restric￿ turnts as at 31 Décanbar 2023 amwnted to £3.483 (2022: £2.935). The tnjstges IhaL in to fulfl ts chanty's cèfvJatiws to Chr￿￿phIaft c*ThnuNty throughoLrt thè it is desirable to maintsin Ixiuk4 rÈsèThes at a kn•1 •wal to rth morths, runnirffJ costs, with ts mm1M￿ liquid ser￿ to t* £J)O,OCK). Totsl re$w￿S slkxjkj i* ixo• 10 annud runnmg eosts. Th• r8c4nt p•ntsJ of defiuts has been SW)r￿ by 1htsè fund& defniwas rgJucgJ sNJnificth In 2023. It ts fixttast to 9row again in 2024. ￿adI￿3 to a to mawthn r•s8N•s ca¥r￿1 Page4 THE CHRISTADELPHIAN MAGAZINE AND PiBLISHING ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEPIBER 2023 FUTURE PLANS The tr￿Stee5. Fdarts for 2024 8ffj to.. • 8UFWt the new Editori* team *i de*kY1￿ tr* chIts￿l￿ Magazine to and maintsin greater reath and re•#e￿hlp. and to c￿lent . devdop the CMPA'S soual mÈdi? to awrn and e￿Ir￿[ partlula￿ youryr r*oF4e,' . prtyiitsÈ ￿ HNJh CaHiNJ icirt￿ntsye.. • rno¥e to akrtthnab"c renewal f0rrnagaZJ￿ subsw"(Th." • fOst•rg¢X￿ rdalws wth sstef magazre¥ in Ncrflh Arnwica and A￿tr￿18. • continue to adtjress the forpca51 operating thfKit by incf•asing Mxtimè and re(kning (xjsts., • inuease the cireul*on of the arKI aThJ m* them iebvant to tl* ne￿18 of re•Yers ol 811 agp5.' • txtèThJ tl* list and range olbe4Jks avai14)le prirted ekdronK fumaL' • rA)th'nue to ensure certain w￿lCationS remain in (Tht wr¥J the'wtAication C￿ tsmar#T t*ilty: • rJ)nlinu8 to improve our*ElJslt￿ to m*e ltr￿ nwo User-flv￿ty. STRUCTURE, GOVERNAPKE ANO IiANAGEIENT Governlng doeurnent charity IRegi8tered No 240c￿} 1$ try its gobemry tho Arbrjey of Assc¢iaiKJn. and constitutes 4 comwy, by guawtee. asdefwj tty thè Cc¥npaniès Ad 2c￿. R•cTuknwntand appolnlm¢nl of new tr￿tr•s The directors of the c(¥npwy arè also chanty Injstees tr the of ¢hanty *. Nvhf tA￿te￿9 are ￿rUited by In￿l￿?D and electi￿ by th•extstsvJ tr￿lee8. Induction and tralnlng ol n•w InrtlO•• Most tru¥tees are atready famliar the arn$ of ￿ tharty tre of Al tru5teeg re￿1¥• a pad( containing.. of Ihe Arfides ofAssociaibJn A copy ol ihe minutes ol rac*rt pre¥wus The lalesl financaal ststerngnts Org•n16allon•l structurè The owall dire¢tign of acthvitss ofthe eharrty is dèknu￿1 ty the trLL81ees at the* M9￿"r￿j$. hold fw tm•$ 8 y¢ar. An p￿rati￿3 sub-cJJmmrttee (the M*&Jement S￿￿￿tte￿), thè Chair. Dèputy Chair. Secretary, the Editor aThJ Assistsnl Eth"t¢y. meets as necessary in ordèi to orrider a￿)rC￿nale matters in sc¥me ¢Jetail and rn¥kes recomm¢nd*"or6 fw C￿r￿Ideration by the fijll C¢Thnthe by emal and at wartèrty rf*ekn"n9s. Antslhar Sub-CommrttéÈ Is resp)nstrJle tr the creab.on of Faith our mwn• rn81kn. TIE 8oc&3 SLtJ4ommittee. chaired by the Assistsnt Edrtor. oversee5 firtwepiibhcabon Of1￿5. D8y.l(Hlay manageriwrt of ts thaiity 15 ￿ the harth of th• Ethior. Mark lfiwwL in assocHtson with the Asskslant Editor, Jgrwny Thrynas. who consult the Ir￿te&S tr gUKla￿ ￿ fflatters of policy aThJ strntagy. Thè Edrtor updat•È thè tw$téè# on a wular basts arwj s&)mrts M¥￿tNY ￿counts a wartèty rÈprt the Assirytsnt Editor keeps the Irusts¢¥ Info￿Tred on progress wih the wc4Jranme Of pukAications rda*d mattels. These rep￿ts are consK1ered at thè tplarterfy meetwJs of Ihe trustees Tr Chw liases with the Editor to m&ntain ligM-tO￿h ov•rsKJht on b•haff ofthè tNsrees fomial [￿tir@S- Wld•r netrmorx InfomMI relab"LY6 mant¥1￿￿ with 0[￿lSa11CrfB thrW ts worhl. R•lat•d ￿rtIeS ile thè charity has no I￿rn¥￿ relakd pattss, links we *ilh publithrs ol rnatwial for the ChriStad￿phk4n ummunty in Bnlam, Ind￿Jry th? chr￿￿(kIphk9n ALL¥liary Le(luring Souety ICALS) and lh& Christaddphkin Bibk M￿lon ICBM) aNJ also in olher pats of the *L)rld. fcy examF49 Chri5tsdeWhk?n Tidings ￿ I AmerrAn continent and L•mp5tsn(l in Australka. Dtstr*th WKI sth9e arp made available. at a cost, for both CALS an(1 CBM. THE CHRISTADELPHIAN MAGAZINE AND PUBUSHING ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DEGEMBER 2023 Rhk man*g•m•rrt Each year. ttp Irustees uThJertaKe risk assessmwrt t*)th fwwcaaj arKI wratiMo1. 8nd i•ke tho netss$8ry Stw io rr4lwJate and rnwa9e those Risk ma)apnent aTrJ strakgc Fdwning fom) key areas of at￿nt￿n lor the trustees to ènsure the Otth* ¢h•ity. entrf￿￿ nsks in recwt years haNÈ b￿. • a fallirYJ rg*rship withn the UK Christ&JeWi￿ cl￿￿1￿es￿)*ty￿ong yowger peo￿?. . the thanging rnake.wj of the UK Cl¥tst&JeWian ccffrn￿ity SI￿*•nI *&JitKmal r￿beTr *Jr vthom Engli is not their firsl language.. CA)nbnued ￿a￿l£ll055&5". aThJ • the holJry of laryp sloc*s ofbooks am1 t¥x*tets tae many ￿[S to sel • to undertake a stratèjic. revpw of tharty . most recaity in Decatrr 2023 . aThJ threcb"tYJ Is ac*wlies accL¥¢Anyy'. . to stc¢k 8 wthr seleC￿n d Chyisladeltthon tooks ty c4Y)Ferabng otsr Chnst8delplM?n publi4￿[¥.. • to devebp r￿W 8pproach•5 to lostsr a WKJar and of ow put4￿abons. to work wlh our Joint Venture (T￿[￿ a¥J G￿ TidiNJs} to I￿ease global reach thr{x￿h P￿1$hing material in a rar4Je of largJ&3e&' • through a miy ol¢Jv£ounts and wnkn lo ccffits.rwe re¢AK•J st(K* • throuJh IM Books s￿￿Mrttee to ex￿1r* Ca￿luty tr* of rvw aTrJ re.prints whKh are rrwAI likdy lo to Christsd•lphian rn*J8rs'. • to eslablish arKI fulfil ￿ cptTab"ThJ plan mdLbSw¥J anrvjal and firm pU￿￿a￿C￿ schethth., • to use appropriate prirtir*J metW5- ind￿jir9 prn1-(￿￿d- lo knrt physKal hoklirwJs.' • to 8fth8n￿ th8 atiracbv•n8ss ol the 0￿re library I￿￿Jh i￿reas&j contenl aTrJ searchabilty: • to S88k ftjrther wèy$ Of Incwasiro Ihe eff￿￿Cy of woknon. saks L15ttht•)n', trj C￿trnVe inproving saks aThJ d￿Stri￿￿n by to ts *ebSi￿ th• Incr•as•d us• ofsecial mtdia. THE CHRISTADELPHIAN MAGAZINE AND PUBLISHING ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 REFERENCE AND ADMINISTRATIVE DEfALS R•gi8ter8d Comparhy number CK)329186 {EngLarKI ond Waknsl R•ghtsr•d Charlty nwnb6r 240QW R•gl•t•r•d office 404 Shaftrnw Lane Hall Green BIRMINGHAM Wesl Mithand5 828 8SZ Trt￿le O T Morgan A J Walker Chair until Junè 2023 tkputy Chair unthl 2023 Chair sinc* JU￿ 2023 D8puty ChairswE 2023 since ￿ri12023 PD8V E M 8ensoTh S Cdlard M Lavnence S Mahgr S G Vthit8tVJU5e J thrttaker Since￿nI 2023 sinc• April 2023 Ctynpany *•eYBtsry S Collard Indèpond•nt Examlnor Johnson TKtsall Lirnitad Chartsred A¢countats 81 Burtcfi Rt)aJ Derby Derbyshire DE1 1TJ 8ank•rn NatKJnal th&lmin$ter pk 231-235 Stratfrffd Rr>*J Shirtey Thi$ report has been Iy8p*wJ A) with ￿ sp8co1 PfWSVJ* Ot Pwl 15 ofth8 Ccfflpanies Act 2CI)S relating to srnJl c£#npan*s. r¢)sed by order ot the board of tsu5te85 on......... . sv4￿j on its behalfby.. A J W8ll(er Trustee an CPFA FCIPD Ch P•Je 7 INDEPEND￿ EXAMINER'S REPORT TO THE TRUSTEES OF THE CHRISTADELPHIAN MAGAZINE AND PUBLISHING ASSOCIATION Indopendent Q￿rnIn¢￿0 r•port 10 trust•ts Clwl•tsd•lrtth IAtyazln• and Publl•hlng A••o¢latlon fth• COM￿ny,￿ I rÈFOrt to th• chanty Iruskes cfi my e￿￿11￿ xcowts of lh9 fr)r ￿ yw 8nd9d 31 Decernber 2023 Ro8ponJknllltl•g and ba•1• af rnport AB Ihe ¢hanVs tru8tees ol Cc¥npany land 4so its for ts ￿rpO￿ of ￿panY knvl you arg rgsponsibb th8 preparal'on ofthe in aowdanrg the rewfth))enls oflhe CompanEs Act llhe Acri. Havry satssfied rnyseFf that th8 accwnts of the not rtsww•d io b• und•r Part 16 of 2008 A(* •nd arg elwJiL48 for Ind•peThJent examinabon. I reF*Yt in resFect ol rny of y￿r tharity's accounts 8$ carried out undèr Sèdion 145 of Ch*iti"es Act 2011 I'￿ 2011 Acf). In ￿r￿n9 Out my ewinatirffi I h3¥e followwj th DirectK•r6 given by Ihè Ch*ity C¢)mmissicffi un¢lw 145(S) Ibl ol ts 2011 Act. Ind•p•nd•nt •xamln•rfs •ts1om•nt &"rK* yow chantys gross iwe eX￿ed￿j £250.rxM) your ex￿1￿ myst t¢ a mgrntrer of a h.stsd ¢onfirm Ihat l am qu3lifie(I to urK19rt*e the eXaminabC￿ t￿ltse I ￿ a member of the l1Bti￿lte of Chortered A¢¢ountants in EntyaThJ aTrJ Wales. is ol ts lisled 1Krfj￿. I have compbted my I C￿fim1 that no matters ha¥* I>)￿* to my attenlicffi in connection wrth the exanNnatyon 9Nirg mè tsusè to bèl*w w) any m*rial r•sp*d". ¥¢tsJurtbn9 fttords nrt keFrt in res￿ Of￿ Ccffjpwry a5 reqLw&J ty se¢￿￿￿ 386 ofts 2(￿ Act ty the accoun15 do not a¢Gord wilh thos• records; *counts do not comFAy vnth the acC¥xmb￿ of S&t￿1n 396 of Ihe Th Act othw than any r8quir•m8nt that accounts gi¥e a tn* aryl tsr vivw 15 a matter as part of an Indèpendent ex8mw)al"on'. or the a¢o)unts have r￿t LEen prePa￿d in the and princaples of the StaienEnt of Rec(rfnmeThJed Pracaice by (apK*a￿e to charitss prepari￿j th￿"r accordafu wth the FI￿￿181 Rgwwb"r¥J StaT*Jard 4V[￿a)le in UK and Rewbl"c of Ireland IFRS 10211. I ho* rK* ¢0￿m$ have cc*Th across r￿ ots matters in tsemninalion to wlith att•ntion shcAld be drawn in Ihis r•p)rt In 0￿•r￿ a prcw ur•jernl￿r$ of tt* Xcl￿ts tr) be reathd. Davvj Mdl¢x FCA Johwn Titsall Lirnit¢ Charte￿￿ Accwntants 81 Burkni Ro•J Dert)yshire DE1 1TJ nlLlI% Pag& 8 THE CHRISTADELPHIAN MAGAZINE AND PiWSHING ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDrruRE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2023 2023 Total 2022 Total fvnd$ COME AKD ENDOWMEIITS FROII D￿a￿S and bgg¢ie$ 135.914 136.OS6 76,302 Charhable aetfvitlg¥ n Wblicat￿r OUtS￿Je publrAtrons MagazTh$ Othèr linck**Th3 and wnt) Bookbts 11KI.047 57.721 126,SSS 20.506 5,236 11>0,047 S7,721 126.555 119,898 SS,891 119,137 19,803 5.350 5.236 Investrnent incomè 37 28.836 Totsl 423217 EXPENDITURE ON Ch•rftable a¢tS¥ltlo* Own wblukn"o Outsid? publicaknons Magazir￿S Other linclvjry desp￿ and [￿.1)t) BOO￿¢￿ Advtsory 141.652 86A76 131.760 79,768 25.6TI 141.852 86,476 131.344 79,768 25,677 136.0 77,D18 119.0S2 71.293 23,3e6 20,812 1406) T¢)tal NET INCOMEI(EXPENDITURE (3.27S) {2.727) (24.430} RECONCIUATION OF FUhDS Total lun(ts forwa 1.059A93 1.061428 1.086,858 TOTAL FUNDS cAR￿e0 FORWARD 1 069 701 1.CK82 428 The notes fonm partofllwe fmawl sl*Trents P•Je 9 THE CHRISTADELPHIAN MAGAZINE AND PUBUSfrING ASSOCIATION BALANCE SHEEr 31 DECEMBER 2023 2023 Tot#1 fund¥ 2022 Toial ftJThY5 d5 FIXED A￿5 T¥ngiblg as59ts Investment property 13 14 340.198 340,198 347,472 .198 594.196 601.472 CURRETr￿ ASSETS 15 16 17 63.342 17,891 379.018 61,957 38,438 9,429 Debt InveS￿ntS Cash at in hand 17,891 379.018 se1.966 686A38 S99,958 CREDITORS Arnounts ts1kn9 due wthn Or￿ year 18 {119.9351 1139,¢)J2) NET CURRENf ASSErs TOTAL MSETS LESS CURRENT LIABimES 1.066.218 1.059.701 1,C62,428 NET ASSErs 1062 428 FUNDS UnrestrKled Ger￿ra1 fvnd Revaluabon F￿r¥0 Fair ruer¥ 19 525.708 312.285 525,886 31S.382 218.245 1066 218 Restricted fuThls TOTAL FUNDS 1059 701 The dwrrtabb wwjany is entiV&J to exempbNI frcrfn awst urthr serai￿ 477 of ts CcMnpanie5 Ad for the year ended 31 D￿rnber 2023. mwnt*rs ha￿ not rgwTrJ comparty to obtan an awjt ol rts slaknnts year ènded 31 D*mbèr 2023 in *ts)rda)e•wth SeetKJn 476 dthè Cth)yaTh&s knt 2CrfA. lal nsuring that the ￿fflp￿Y keeFs records Ihat ￿1h S¢th)r&$ 366 and 387 01 the CompanE5 Ad 21x6 preparirw finang* ststsments vthich we a tnk laif view of ￿ stat• of affars ol the c*aritatle ccrfnpany as at the end of eath ffin0￿ spar and ol or dgk4"t fDt eath finaNaal year in accor11￿c• t requirernents of Sections 394 395 whth cfjmpty wth the of tho Ctynpwiès Ad 2Cth to statemerts. so faras *at* to the cL¥)7P Ibl P•Je 10 THE CHRISTADELPHIAN MAGAZINE AND PUBUSHING ASSOCIATION BALANCE SHEEf - contlnued 31 DECEMBER 2023 These fina￿481 $14twnents have teen in w*h ihe probtsK*r£ ¥fAtablè to ctsitabb Cl￿PanIeS $ubi•rt lo the small comparnes, regine. Tho financaal statements appro￿￿ by tl* Bo¥d of Tlusiees authorised for issue c J were sw on its beh*f ty.. A FCIPD dchw Truste P*Jg 11 THE CHRISTADELPHIAN MAGAZINE ANTI PLBUSTrING A&SOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR TFE YEAR ENDED 31 DECEMBER 2023 STATUTORY INFORIAATION The ChrBladelphk?n Magair* aTrJ Publishiry A8$(K￿￿ is a dwrrtablg rxmryny rBgi*rsd in ErYJand and Walès. Th• charrt&Ye eompony's registered charity n￿tr. reg￿ter&I o)mpany wmber and regiSte￿d offKe The presenlatK)n currew olthg stslwwwrts ￿ Ihè Pothj Ster1ry {£1. Acco￿nN0 POUCIES Basls of preparkng the fth¥n¢lal stat•mottts The finana* statwnents of ch*rtable CL￿, Th4Kh is a Plb1￿ be￿ er￿ty FRS 102. have been pared in ac£ordanc2 thÈ Chaithès SORP IFRS 1021 'AcLt)unb"ng and RepcrftiThJ by Chantss.. Statement of Recommended Pr￿tsce applicable lo eharitiès prÈparThJ ￿oU￿S in accordanc* the Financh4 R•wrts"ng St8Thlard ap&1￿b￿ in the UK ReNth of ITekY￿ IFRS 1021 lefkcb've 1 January 20191.. Financial Re￿r￿llg Standard 102 'Th• Finarxyal Repth"r¥J Stsnd*d aFPl￿ in the UK aThJ Re￿1￿￿ of Ireland, and the patyes Act 2tt6. The fmw(Aal ststements I￿rt Kmèpared uThJer the historul cost eonvenkn, as Flnancl•l r•wdng •tandard 102- rnduc8d diae10•4xè •x•mptlo The thgrrtatle c¢xnpany ha5 t*en a(IvantwJg of tlp exem0￿7 in prepariTrJ lJ*se ￿￿)cIal stst&nents. as Femirfbj by FRS 102 '￿ Fina￿1 RePYlu￿ Slw¥Jwd in thè UK aThJ Rep￿1￿ of IrelaThJ'_ Golng COb)cern Cjespite contsnuiwy defvts. ts trustees #Ht Ihere we r¥) prctjths goiryj due to fv bvol ofuNesln"cied furth trust￿ wgul¥ty (*aity's reseThes pc4w and r￿k assessmenl. Slgnlfi¢¥nt judg8ments The folcthing lUd￿ents1o18rt frcth tlThe 8sl¥n*s) teen in the pr(tess of the ac¢ounbNJ pohoes that habp m05t 5fjlyl￿t Èffèct ¢)n a)￿Unts r•(wiis•Y in th• financial slatements. stttd(. tOg•thtr Mlh the age of stc¢k. aTrJ s*s aciwty. rEt ￿Th￿l[¥J ol steek at yew4nd is £53.342 Inc4)m• All incc¥ne is r•oyJThs•J in the Statewenl of dwity Iw5 to ￿ Iwwjs. it. FLV lega￿$, ents1￿ert L8 ts ?0rfier of ts c418rity t¢wig ofan th5triLwlKffl orthe kgaw l)eing rec8ived Atlhis pwl liccffle s reCwni￿1. excharoe for s￿￿'n9 gfy>ds ar￿ s•Nic•s in ordw to r8158 fmjs aTrJ r8 r￿n1￿1 *then eDtiUeTront has D•f•rr•d Income Thè d)artty has dèf8ty8d incrxne in relati￿ * its m•Jaz¥E vknith arg t8ntr•Able e%h ￿ on 1 January Tr defor￿ KietTh• Ls nlèased to Slatwrtwt of FwwKial throLwhout the year on a mon1hty bags Dgbtorn Trade debtor5 arKI other (lebtots *e ￿lSed at tr* sett*ff￿ amourt due kn any ¢Jscwnl Pr*paY￿nts arè Valued at the amount kwaid Pagg 12 THE CHRISTADELPHIAN MAGAZINE AND PUBLISHING ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS - conllnued FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNrnG POUCIES. contIn￿d Expendlturn Liakn"1th85 re¢ognis&J as eyndiure as SL￿ as is a leg* rA con5trlKtr￿ Obl￿at￿￿ CANnmiiting th cknanty to that èxpenditure, it ts probabk that a tra[￿1￿[ of ecorKrK will be rffjuwed in sétt18mont 8nd the arnount of the oblb3ath.on ￿ be me8¥ured relith. ExFendilwe is acc(¥Jnted for c4) an accruals and has been dassthed ￿)dar htsJin9s that ￿[egate al cosl relabj to the category. ¢osts cannot be diredty *tribuied to paibcular t￿. have al￿a￿j to on a basi8 consistent with the us& of rgswrc*5. Cr•dttoYs Credrtor5 are reccwJno8d thè dwrty fv•s • t¥esent obfiga￿ res￿br￿j from a past ￿nI that wkl prcèabty resurt in Ihe tr￿sfer of to a lird party aThJ ￿ amwnt to 8¢ttle tho ot*gation ￿ be measured or Alloca￿on •ryl •pportionffl•rt ol eo*ts The costs of th8 charrty havè been appowbon￿l on ￿ basi5 of the amwnt ¢)f $Fwt on •*h xbvty. Tli$ Tanglbkn nx•d assets DepreUa1v￿ B provtyaed at the fL*MY¥J a￿￿ f*•s Ai to WTile off eath asset over its estwnated useful kn.fe on c051 20% on cost 10% on o)st 33% ￿ o￿t Plant and rn￿h1rQry Fixture5 and fittiThJs TarvJ*Jle fix•J slaed at o)st lx rcffjl less depreciaiicn. Cosl costs diie¢xiy 8knbut&*to making ass¢t ¢ap4Wo of¢Jpwatry as intwwtsj. The Yal*Je of in r8¥Ért olfreelK+J is not dwialgd. v•8trn•nt prop•rty Investsnent propety Is r￿**jed at fa'r vahjg at sl*et d•te An rna￿t basis of Yaluatson Is dfje[r￿d k) rewesent lair WdbJ8 Unrealwl gaTh and hxses on KIN•sbMnt rewpsent ttE mo￿￿ent in faw Values during the year aThJ are credtsd Of charg•d 10 lh• gtatwnwrt offirwoal thiies based on fa*¥al￿ at th& yo¥¥nd. Stoek• Stocks represert for r¢s8le. we vaw a cosl kn a sNovtsi)n c*rt*"n stocks W￿r• quantstss a￿ rag8rd￿j as hjh in rebt•)n to eyp•cl•d 18¥•& 01 salés aThJ oJnsum&*bès vaw 81 Iho 1(Mpr of cost and net reaksab* valje In¥estm•nts Investsnents arè shtMI urtder ￿Jrrent assets al CL¥t *e m*1& up of lth( deposl ?￿nts whith are held for Invesknant wrpcses Taxatlon charty ¢ exernpt from ¢crfpxa￿n tsx ts ¢*•rii** Fund ac¢ountlng R•strtted funds only be used for Pathe￿al r•strKiÈd puwrA)ses the otiects ofthe charty. Reslnciions anss when speaw by the orwhen (thjs are r￿j ky parb.¢￿ar ￿$t￿ted purposes. DeSI￿ated lun¢Js are ￿lestr￿￿ed f￿J8 set asth at th• thsttsliM ol ts tW5tees kn specifK purposes. Furth¢rex￿￿'oTr ol thè natwg afKI wrFrf)se Ofe￿ fuTrJ is mcIAl•J no&•s to th• financAI stat*n•nts. P*3• 13 THE CHRISTADELPHIAN MAGAZINE AND PUBLISHING ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 310ECEMBER 2023 AC¢OU14Tf4G POLICIES . c¢)nthll Pension rg¥ts and othèr p￿t-l*tIr•M•nI b•n The charita￿e ¢cYnpany oper*5 a d?ffirpd pgnsw sdwM. ContriLwthy)$ payable to th& Charitab coryaWs ponsion schwne •w rJwy¢d to ts Staw*nl OfFmw￿ A¢b￿b"s5 Ai tr* pOrt￿j to whi¢h IW ￿1?￿. Flnanelal In•trum•nts Financia irstrum•rtts arn daS￿d kn, ￿ to th8 SthStan￿ of thg COrtr&tu arrarI￿en( as eilhèr finanrAal assets. fina￿1* or rstrwents. An ewtty instfum&nt is any COntr￿t thatevttjew a resKlU￿ rfetest assets ofthe c(ryany after tsducting al of its lid)ih'1￿. DONATIONS AND LEGACIES 2023 2022 Donat*Jns Lega¢ 136.1156 38.258 The charity benefits from the of ￿lU[rteets Intstees. de￿.￿5 ol whth are grven in our annual reporl In accordan¢x wth FRS102 and the Chanbes SORP IFRS1021. the eGrn¢ynic KffltribUb.c￿ ol vclunteers is not recognised In these finanoal slatemerts ￿ tharty atso benefft¥ frcyn ol sec￿M￿d books for resakn. the proceeds ofww arg ￿lI￿Ltsd in (Ic￿ tsjlswje FxtJkalK)ns. INvesTAIEMT INCOIIE 2023 2022 Rents T￿1￿j Der#)s* account Inte￿51 23.538 3896 INCO&* FROM CHARITABLE ACTMTES 2023 )22 A¢tiv p￿lI￿￿Or6 Outsh1e pu￿Ka￿'0r MagaLin8S Other lirKbJirg design and print) 100.047 57,721 126IS6 119,898 55.891 119,137 20A06 19,803 320.079 P•)e 14 THE CHRISTADELPHIAN MAGAZINE AND PUBLISHING ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 OECEhlBER 2023 CHARITABLE ACTMTIES COSTS Costs Ise8 note 71 Costs {see note 81 Ovm PLthlicth"oIK% OutsK* putAicalK Magaams Other int>Th Incl￿j1¥j dash￿ aThJ print} 135N76 83.613 125.166 6,176 141.652 86A76 131,344 6,178 72.862 23.742 20 79,788 25.677 1.93 Advisory 486,524 DIRECT COSTS OF CHARITABLEACTIVITIES 2023 2022 Staff easts Rates water Insuran LvJht and heat T￿￿holle Postsge and station8ry Sundries Owm publications. wrchases Jts*Je publub.ons pwchae5 Magazi￿5 purchase5 bbsite costs C(xnputer expen Cl&nirvJ Prèrnises exFews Pn'ntiro costs Booklèts pur¢h•ses 8cAikkeet*r 242.146 204,102 3,779 3,595 6.822 1.722 3.528 5.624 1.970 1.632 1.854 61,620 56,142 49.441 2,669 8.810 2￿04 13.359 1.539 68.358 $3,494 51.505 1,447 7.857 2.849 4,380 2.702 2,219 461 425,729 SUPPORT COSTS oth TofaL8 publicabons Outside PL*JlKatio Magazinès Otsr IrrAime I￿1￿11ng (bsgn aThJ m) Bwklets AdvLSOry 4.991 2.313 4.991 S.S79 1.563 852 1,185 550 1.187 1.327 372 203 6,176 2,863 6,178 6,906 1.935 PwJe 15 THE CHRISTADELPHIAN MAGAZINE AND PiWSHING A&8OCIATION NOTES TO THE FINANCIAL STATEMEKfs - contlnued FOR THE YEAR ENDED 31 DECEMBER 2023 SLPPC*T COSTS. ¢ontinu•d Other (W￿luding and print Bank tharg¢$ DepreualKJn oftsrfjM)fe fix•Y assets Los5 on 5a18 DftaNJib* fix￿1 assets Trustè8s' mmumrab.cffi etc Awwntxnty a￿1 fe8S 1522 1,189 2.82D 2.542 217 48 2.274 196 41 19 531 2023 Total 2022 Total activitEs Bank ch￿$ oepreaal￿n 0ftarolb￿ fixed assèts Loss on s* Oft￿ible fixed assets Trusieès, rÈmu*raiitin ate Aecwntry aThY fees 431 10.254 712 61 13 359 9,062 791 166 NET INCOIWEXPENDITLIIEI Net incryn9l(ex￿i￿te) ￿ stakd after chargry1{cr￿IlrWjI 2023 2022 Dewec4alL>n. assets Doficrt on dtspcsal of fixwj assels lThlÈpÈts*nt èx*ninati( 9.244 791 2.835 10. TRUSTEES. REWPERATION AIKI eENeF￿5 ended 31 tknber 2022 TnMts•8' •xpgn••8 2023 21r22 166 55 Trustees. e¥Fer￿ K4w¢ iwrwl in I￿rtaI of and l trustee receNed payrnent121Y22.. 1 trusts91. PwJè 16 THE CHRISTADELPHIAN MAGAZINE AND PUBUSHING ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR E14DED 310ecEM8ER 2023 11. STAFF COSTS 2023 2022 Wages a￿1 saarEs Soaa se¢urity ¢r¢ts Other pens￿ cKJsts 215,32T 13,903 180.842 10,9)7 12,353 Th• average monthly numbet ofernFknee5 the yearyds as lolo*s 2023 2022 Edit Publishing arKI offKe staff No eThW0￿¥S r•wved emc4unRnts in ex(￿ of ￿.1￿. The fijl time ¢wiw4kn1 otlhts •btye staff 812022. 71. Tl* key managmnt of dwity th• Edrtci Assisiant Ediknr. toial wnployee benefits ofthg kgy rnanager￿ Fwsml ofts ch*Jty to £67.69312022.. £77.0981. Ptyo 17 THE CFRISTADELPHIAN IAAGAZINE AND PUBUSHING ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 DECEMBER 2023 12. COPAPARATIVES F(XI THE STATEMENT OF ￿1￿LIL ACTIVMES funds ftjnds COME ENO0￿￿eNTs FROM Donab"ons lèga￿$ 76.127 175 76.302 Charltabl• acll¥S11•• ¢kn put4utsor6 Outsth publtstions magazi1￿8 Olher Incom• lincknju￿ ¢￿A *¥J prntl Bookbts 119.898 55.891 119.137 19.803 119,898 55,891 119.137 19,803 5.39) Investrnent inoyne 423.042 175 423.217 EXPENt)ITURE ON Charltabl• a¢tlvNI In publtatsons OulsK* pUbl￿ts"0 Magazirps Other I￿￿9 B￿K￿ts 136.(lJ6 77,018 117.531 71.293 23.366 136,098 77.018 119.Cfj2 71.293 23.386 1.$31 Totsl 44&116 1,531 447.647 NET IICO&WEXPENfxTURE) (23.0741 {1.3561 124,4301 RecoNCIUATION OF FUNDS T¢)tsl fvnds brought lrywa 1.56.218 Rè#irf¢ted f￿d5 Hage fvnd TOTAL FUNDS Net rn￿•￿ in ￿ftds. in Ihe *e as fr4k*5.' IrthmirYJ Rgw¢eg Movernent in fvnds Unregthetsd fund G￿￿[31 fund 481655 (486.930) 132751 Rostslet•d fvnd¥ trlage f￿d 406 548 TOTAL FUNDS Compar•ll¥￿ for moY•rn•nt In lunds T[￿S￿r$ At 31112122 At 111r22 Unre8trlct¢d fund8 Genera fuTh R¢valuatson ￿r￿e Fair value rwrvg (23.0741 3,097 {3.0971 525.886 315,362 218.245 318.459 218.245 1.082. (23.0741 1,059.493 R•stricted luMI8 Hage fund 4.291 11,3561 TOTAL FUNDS 1 ￿2428 Page 21 TtrE CHRISTADELPHIAN MAGAZINE AND PUBLBHING ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS - contknuod FOR THE YEAR ENDED 310ECEMBER 2023 19. Y)VEMENT IN FUNOS. wthued Ir¢crfniryJ resources Rewurcgs Motm expended luThJs Llnr••trlct•d lundB G￿ra1 lund 423.042 1446.1161 123,074) R•*trfct•d fvnd• Hage fund 175 (1.$311 11,356) TOTAL FLYIDS 423 217 Hag• lund This rewesents monies thjnated for ￿ use ol C￿￿•r1 inth¥xJJa15 a￿j ￿gar153b0n$ to subscribe to the Assoryatyon% maggzing who may otherwtse t* to t10 so. During ygar £3.097 was transfefred Ihe revaluaticffl rese￿* lo general reserves ta"rYJ the excess depreciation charge on revaltBd amoLmtolfre¥h)bJ ovgrtho ¢osi ¢Jep￿Cla￿on thor9&. 20. RELATED PARTY DISCLOSURES There th*re no related party trans&kn torthè yèa 31 DOC￿ 2023. 21. ULTIMATE cOP￿RoLLING PARTY The tharity ts wntrolbj by ol Tnthes. 22. MERGER During the year Ihe Christadelphran Thwgazre mgrygd wth the Tth"mony rnag8zl￿ under Th Christadephian Tesfyrrwy Tr Testmony dwty was Wou￿1 up and trartsleffod assets. be￿ the balaKe of ts bart ¢*>swe, to the CMPA in Juty. boc6brvJ the CMPA'5 b*rKe Sh￿ by £57.087. T1￿ T￿gnY tr￿te￿5 yJwvJ the CMPA as trustees The Tesb"mc¥ty Eth"tor. Jgremy Asw'slarit Edrtor in tr* s￿1V￿ THE CHRISTADELPHIAN MAGA21NE AND PUBLISHING ASSOCIATION DETAILED STATEMEpif OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 INCOME AND ENDOWMENTS Donatlong and l•gach¥ Donations Legac 136.066 38,258 136,056 76,302 Inv••trnont Incorn• Rents r8eei¥•d Depts￿t acojunt interest rJ.538 22.940 37.676 26.836 Charltablo aethvhl lkn ￿bI￿￿onS Outsbye publical Magazi￿$ Other I￿￿1￿11r9 dasw a￿1 BOOk￿tS 100.047 S7.721 126.5SS 20.506 119,898 55.891 119.137 19.803 Totsl IncYn tho ststoM￿lS Paje 24