REGISTERED COMPA)Tr JLITrIBER: 00372845 (EDgland and Il'ale51 REGISTERED CHAtUTY NUMBER: 244995 Report of the Tntstees and Uttxudited StAtemettts ror the Ytxr Ended 30 September 21124 05w'%ld Chambers Publications knotiatio Limited(fhel Banks Shetsdan Datum Housc Electrn Wav Crewe Cheshire c,1 6ZF
Osivatd chaberS Publicitions A550ciatroiJ Litllitedfflie) Contents olthe Trinancial StstetTrents for ttte year ended 30 Septembei. 2024 Page Report of the Trn5ttt5 Independent ExamiDer's Report Siatement of Financtwl Activities sthtement of FinaneiAI Position Note5 to the Fujantial Statements 8 10 11 Dtiilled Staternentof Finantiil Activities 12
Osiyaid Chxtttbers PbItCtiOnS At%ociatio Limiied(Tkne) Rwrt o(the Trustees for the y¢ar tlldcd30 Sepiember 2024 The tnjstees of the Charity who also as directors of th¢ company r$t¢d in the UK for th¢ pury05¢s of the CoMpateS Act 2006 PTesent their ryort with the fiDwKial statetnents of Ilie cltsrity for die year eJKiillg 30 Sepiember 2024. Tl)e IiJsitts liavc adopted tbe PTQViSiOtks of Ateountiti2 and R¢wrting by C1ties.. SrAteent of Reconiinended Ptaciice upplicahle lo chBrilies prepanng Ilieir accoullts UJ a<xoYdaDce with tlie F]nancial Rq)orting Standard applicknle in ikne UK and Republie of Irelattd l FRS 102 ) l elTcctive l January 2019 1. The Eoard is cunEtilly rcpitscnied by pu3ous expEnen¢ed itt thristi Fk pubii¢&tion, •ulhorsbip. bookselling and bsineSS mattagement and ss such the stabElity and objectives of the chaTity contDJucto bc in astrongi)ngoingwtiott for thef¢xteabl¢ fvture. OIKIECTTVES AND ACTIVITIFS Objettives and aiD The prillcipal objective of tlLe compJy in the pert(xJ wider review was that of a registered char7ty engaged in th¢ sevrfation of the le8a¢y of. and prOnlon of the chn31kn Mttssage t[0) tlie life and works of tbe lare Reverend Osivald Clianibcrs forwhom w¢ hold the t0pleh1OfPjBViOUsIY printed malerÈal dmiing from 1927. Significant activities In ordeT to ach]"cvt the objectiv&% of the ctwrty. the trtL%iees with our wtsers r Daily Bad Mioistries in Ihe USA to wliom we have gyaoted publisbiDg rights have arrajjged for the llwketillg, pTiuti¥ distiilwlsott and retailing of tile various writings of the Late Reverend ObThvald ChambcTS to WOTldwidc dcsiillations aNJ outlets. This iti¢luded providing sllbsiantial thd5 over a iwo 9r wi(xl to publish a llew Modon Clwc Edition of his tnosl 11 knowll wodt which has h8d 8 maiuial ¢ffect on tesouTets over that time bur these obb"ga(iolls bave now bectj dischaTgcd with ti1¢ final payment llde in this accountiD8 peri We hRve also fiJttd8 available iii tlie USA to produte art audio book version of this Edition lol¢r with ls[lg in the attendattee at th¢ 2024 Littworld book publisliirtg confeffoce itt Mexico for which webad two delegale5 allen(JKog foi ndWolgpUrpOSes During this paiod the thlty h&8 a81t contijwed to PTDvide for tettsin published bwks ID the catslogue th be given lo studellts ia seven separatr UK based Bible Colleges togetknr with Resource Grdflts for tbosc esiabltslmients fol. tithallcg their liblaries attd also donated frce of charge c¢naiTr Christian organi5ati(xJs workittg ijj Tljird World gnd EÈsiem European c(Jurttries such that a Jjew readct5hip of diese works Js established. Rcqucsts for J]ew foreig translations are Suprted and 2nattged ihrougb our publLshing partrtts. W¢ Imve also wade cert31n financEal gtants to like n]Ited Chrisiian Jnittistries fer the promotion of Ch[][ll ]naterial by o(ber writets a[ supporting organisaliolls who lst iti idcntifyiL8 Dcwauibot5 WILO wlllpublish books ID theffir ownlaugw. Administration costs ¢xptt*ded in the a¢0t1[Ig pziod once agaijj car¢fully moDitored ill ordet to tnaxinllsc the V2ilabiliry of fiittds for distribution ill grants and for the year to 30 S¢ptetuber 2024 are COILliStc with ir¢eDt Yea in the won of 16.2/0 of received reveDue and IhIs Includes travel al accot)]uiodalion lo thc USA for our annual senes of BoardMeeting5 and at an mte¥national Christian book pubb"shiDgcortferertce IL South nttIC
Osii'Ald Cba]nber5 Pubiic%tioiis Associxtior
LiniiteilOThel
Report of tbeTrustces
for the year ellded 30 September 20Z4
OBJECI"IVTr'S AND ACTIVITIES
Publit bEnefit
Tlie ttusites air awar¢ of tJIr r<$w$1b[knti tD acl llL acc
05wd Chttmbets P¥blit2tioDs AssoaalEon Lifftiled(fhe) Report of fho Trustee5 IDr fhe vtar ended 30 SEptebe[?024 FINLNCIAL REVIEIV Re5etYes polity TheR ale no rtrICI¢d rEscryes only a generdl resuvc aad all doJJatiOn5 giveN io nefiCileS aTt givell fve fro]n reslri¢tiDJ2 in the use long * (hey scrve the pul¢ of the mintstry lo whi¢h th¢y bavc been dIrted. The I[C¢s habe been actively WOlllg over recenr ye3[5 10 the resee5 accumulated in the p¥si ivhi15t eD5uring iiw the beneficTraries Th"bo Tecttive sisn(e are dOg wotk Ib& is in keepi]J8 Ksiih thtcharitys Inrt aims and objeciives. STRucfiiRL GOVEIUYANCE AND lANAGEME[ Governing document The chatity 15 Corttyolled by its govemiag dowtncnL a of and ClKLstiwies a limited Company. limifrd by guardDie< as defineo by the Cotnpanies Act 2W. Recnjitment llppoilllttLent of neiT trustee5 TtU51c¢$ 2pwinled bythc tn¢mLws uj DeneTa] me¢tuJgs as attd wbell thJ¢ to retire1 ot r&%•iotL Otherinforrnation #bout the tharÉty and its a¢tSvities The charity CODI<$ 10 be deExDdant upon Ibe vol 5eTVtccs of ils tru5te¢s supptyter5 achievin8 its objectivcs. REFLRLNE CE AND AD*UNISTRATtVE DETAJIS Re2Sstered Company 00372845 (England 3nd Wale5) Rwstered Cbarity number 244995 Registertd office 87 Templegaie Av6nue Leeds West Yorkshire LS15 OHL Trus5 I Cant NSGray Mrs C Holqui51 Cbait R J Wykes Mrs A BouGher-Pye ss C R D Gunasekera Bookeditor R W Dehaan JrRettred book publis Company Sttretary I CAnt IndependeAtExthmiDer StuartBatths Bsc FCA Banks Sh¢ridan Datllm HOe Electra Ivay CheshiT¢ CWI 6ZF P3ge 3
Os%i'ald Ch14 Iiibets Ptybli¢ations Asso¢laf50 LlJryit[rhC) Report of theTrnstees for the ye2r ended30 September 2024 This report has preparcd in ac¢oTdae with the spe¢iat ptovisiotLS of Part 15 Df the Cowies Act 2W6 r¢laiiLg to small ¢omwme5. AppTovcd byorder of the btsanlof trustees attd *8lled on its beh0Ef by. I Cl- Truste¢ Pagc4
IDdcyend¢nt ExaMier.5 Repoil to tbe Trustee5 of Oswild Cl)awb¢r5 Publicxlioiis knocialio Litllited(fknel Iuilepelldtllt ex2minea s i'eport tu the trn$tEe5 of 05wald Cb2mbers PublitiOns Assatiation LirnitcdlTliel I'the Compall) I repoit to the charity tTU5Lees on my examinaUoD of the of the Co]llp8ny fol. tlie year ended 30 September 2024. R¢5poll$ibilities basis of report A5 the cliwitys Inistees of tbe Compat)y (and 8]so its deGtoTS for tIK pur[)SeS of Coinpany lawl you are responsible for tlie prep8Talion af the accounts in aecord&n¢ewttb the reAwuranents of the Compwmes Act 2rM)6 Olie 21X)6 Act'l. Having satisfied nJyselF tbai the of the Cowy are not required lo be audiied iillder P1 16 of I1 2006 Atl and air eligible foT ludendent examination. I report in resFcL of ]ny ¢xaminJtioJ of your cbariigs accounts as carried out under Secuon 145 of the ChaTities Acl 2011 Cthe 201 1 Ac¢l. In carrying oul my ¢xau]itiation I have follow¢d the Directiolls given by the ChaTity Commissiou uodcr Sc¢tion 145(51 Ib) of the 2011 ACL Jn(lependent examiner'5 ststemettt I have completed tlly eXan]urJVTr I WDfJrni that rto matt5 have ci>me to my attention itl ctsnnection with the aKalinatiOn gJvin(t me cause to believe.. accounting records wete noi kepi i13 respect of the Conjpatty as rcquircd by St¢tion 386 of the 2<M)6 A¢¢ or Ibe Rccounts do noi accord withthose records. or the accourtts do Lot ¢pIY with the a¢cowJtiDB rcquirenLents of Sc¢li¢)n 396 of the 2006 Act other thart any requirenJ¢at that the accoollts give a fair view whicjj is not a matter c<xtsidered as p&rt of stt indepcndetlt ¢xaniinatioD- or tlie aceouDts have noi E¢cn prepared in accoTdw with tbe meiliods arjd principlts of die Stalernent of Recoollnended Practice for aeeouniitiB and Wing by ¢bariiies (applicable lo charities prepllrillg tiRir accounts in COrdInCe with tlie FtiJ2lleial Reporting StaDdaTd awlicable in the UK and Republic of tre12ttd IFRS 1021). I have no concerns and have come actoss Jxo oti)tr matters ]n COnTOrt with the exafftination to whi(* attention SI]d be thtwn it) tIIis Lrport LD order 10 tnablc a prOr )delor the acciAuJts to be reach Sts]art Bauks Bsc FCA Baok5 Sheridan Daliimllouse Electra Way Crewc ChEshiiE CWI 6ZF Date.. Page 5
OswAld ChxllLb£r5 PubliL4tioDs knoctatiou LÈmÈieil(fht) Stlltemtnt of FinAncTal AetiiitÈes for ibeyur tllded 30 Septembti. 2024 2024 2023 Total ftjnds Ullre5trict¢d futxt Nores INCOfvIE ND CNDOWP¥tEKfS FROfvJ Investment incomt Olhcr con* 789 67,101 515 66,611 Total 67.89) 67.126 EXPENDrtURE ON Raisitio fi]nd4 644 Cliai'itxble acritIeS Goveinaii¢e DCCI charitrable eXdIture Book Ordets 12582 56,407 4578 13,1i07 81,825 Toixl 73567 95.476 NET INCOMFJIEXPENDITlJkTr:I {5.677) 128,3501 RF.CONC.ILIATION OF FUNDS To1 fvnds brou8iit fonvard 119.802 148.152 TOTAL FLTr4DS CARRIED FORWARD 114.125 119.802 Th¢ notes fomi part of thtse financiaisktemenrs Page 6
Osii'ld Cbambtrs Publitatiow Assodadoll IAmÉttd(fhe) Statement of Fmancial Posillon 30 September2024 2024 U[]]cted 2023 Total n& Noi¢s CUIiREiwf ASSETS Debtors ai bat 65.283 49.462 55.044 65.360 114,750 120.404 CREDITOIts Arnouuts fallEdue wthin olleyear {625) {6021 NET CURRENT ASSETS L14.125 119,802 TOTAL ASSETS LFSS CURRENT IIABXLITIES 114.125 119.802 I T ASSETS 114.125 I I9,802 Unre5trickd fLmd5 114.125 119.802 TOTAL FUNDS 114.125 119.802 Thc tharitsble eomparty is &ttttled lo exempitrjn from thil Stttion 4T1 of Companie5 Act 2(X)6 for the year ended 30 Septcmb¢r2024. The niembers b2ve not required the cotrypw to 0tr4ain an audit of its fi¢1&1 $18tert>ents for the year cnded JO steMber2024 in a¢corO3nce Section 476 of the Cornpallies A¢i2(K)6. The Irustec5 ackDtrwled8¢ th¢ rc5p(xithlitresfor (al ensuring thai the charitrable cowy keeps comply Section5 386 8nd 387 of the Co]npanits A¢1 2006 and preparing fiDancial ststements ivhich give a In a5MI fair view olib¢ stst¢ of affai[5 of Iht charitable cornpany as al Ihe end of cach fiDaTrcial year and of its WFplus or defi¢ii for eath fillatLetal year ID aCCoance with the requi1]Ients of Secliolls 394 a[ 395 8]Jd wbidt otheThvi Cthnply with the [equ¢Ments of the Cutllpatiie5 AGI 21J16 Telatsng financial 5tyternen so far a5 HppJiLble to tt¢1riEybre tOJDPLy. Ib) These financia5 srai¢ments bave been pw8red in acco trith the wv55ions applicabk thatitsble cottlpanies subj¢¢t to thesmall £ompanie5 r¢gituc. Th¢ fujancial sr8lern¢i)ts were apwDvttl by the Bo*é of Tn alld for issuc etc Si8ued 00 its behalf by. I Cant- ft{c The ELOtes fonnpBrtofthtsc fiala] slatettKnts
Os}Yld Chambtrs Publications A55O¢itstio Ltmittd(The) Notcs to the (1[ Stalements for theyear eDded 30 Septsrnb 2024 ACCOUNTNG POLICIFS Sujnmary of signifieAnt aetounting poltcips The priiKiple accounThng poIicies applied in tk ptcpawaljryn of fin3llcrai Statements are Set out beloiv. These pobcies haye bEen ¢onSeilY applied lo all years [nIe unless rfh¢rn.i stste B25is of prÈpartlo The fInarncial siatanents of the cbatitable comparty. Ivhicb 15 2 publtc benefjl entity under FRS IQ2. ljave bccn Ptwared in accordance wilh the Chatittes SORP IFRS 102)'AttounliTr8 and Reporting by Charities.. Stalement of xec0m£ded Praai¢e awlTtable to charities prep8riii- Ihcir accoullts accordance with the Finallcial RepOrtll SiaDdard appli¢abl¢ Lll the UK Republic of Ireland IFRS 102) leffe¢li l Jalluary 20191,.. The rmorteial stare[[15 have been preFated ulldtrthe bisloriGI1 e4)st conventi The fitnctioDal and pt&5entatiotLg1 cumcy of (he 6aaLciai state[ne] 15 tbe Pouryi Sterlmg (£1 Motttary amount% in th¢x finaclaI 5klcEDeryts 8T¢ wuud¢d wthe rtMte51 £. Going tontern Ther¢ 15 risk that the Eoydliies which PToYide irKOtt2e frotD ivhith gTants ate rnle 11 decrease in the fvturc. however the Chlty been receiving adequate iron from TOy31ties and disttibuting il by of wits and donations (or moEe thall 75 yea Ne tllaieiial uuc¢rtaiolies that may wr &)ubt on the abih.ty of thc Charity to contimie as a golljg coucem kn been identified by Ibe tnLSle. OD Ibjs basi% the corL8ider il 2Foropriat¢ 10 Ptewe the fthattial ststthnent Dn goinB concem FA%i ID¢ome Nthture of income Other income represefjts tbe v81tr of royalti reccivcd fr th¢ publJLatiou OF written ivotks for which ihe harity IhepublicaiÈon ¥igFLts. Income i5 recowscd io the siatrtuent off*1 2tlihiiies (SOFA) on a {Vable btsis. whell a trallsaclion or Diber event results in all itic[e¢ itl the charity's WLS or a tedu¢tiell in tts liabilities and only when th¢ challty has legal eDtille4nenl, the inlle isprobable and can b¢M¢aS reliably. Ine Subject to Icrms alld tiOnS wbith be EefoTr Ihe tharity is thliiied its the Testswce is rLor tccogntsed until thecojdiiions have beenmeL Expenditure A liability and the related CAdIture 15 reco] 4¥ben a legal or ¢o]JOJu¢tive oblir4ti0ll exists ts a result of a pa81 event, il is probable a traDsfr¥ of c£[¥[c ttnefft5 will be required sett]emellt and the atnDiIDt of the obligation can be reliably measured. Grants offErcd subject to conditions ivhtth halt Dot been mei at the year UHI dat e noted as a c0rtllrit but notaCCDJed lls expeDditure. Taxatio The trustees coLsidcr th¥1 & tharity satisfies the tests sd out in ParLap I Schedule 6 of the Finance Act 2010 rot UK cOrTatiOn t&x purposes. A¢cordJDgly. tse C1]ty poithiially oxcmpl fTom wxaiitll in Tespect of incotne ot capital gains received within caltgotie5 covered by Chapier 3 Paft I l of tILe CoTroraiioll Tax Aci 1992, to the exlenl thai such income or gat ate wjied eKclwively OA llr sp¢¢JfI¢ Lharitabl¢ objects of the ¢hanty aud for no other pwwst. Va]ue Ad(kd is not 0Vern)Ie by the Chariry Iberefoie ittcluded tsj the Televaut C05L% U) the Siatcment ofFi[th¢i Aclt¥rytiL continued..
Osii'ald CbxmbeT5 PubJicxtioDs Assoti%tio IAillited(llie} Notes to tbe Finan¢ial Statements- continued ror tht year ellded 30 September 2QZ4 ACCOlTING POLICIES- continued Fund Ittounting RcstTiCted fLdS caD only used for prtIclI[ ttstrictrd Pur[ Wtthin thc objccts of the ¢Iry. Restrictions 2rise Spetifitd by the dOr OT fimds are raised for particul Testricted purposes. There J]0 resli"i¢red fvnds atpr£seDL Designated funds aT¢ unLfStri¢ied fitskds eamiatked by the In¢¢$ for a wticul putPD5e. Therc are no dtsiEnared fidS aspt25tht. Foreign cllrrellcie5 Tbe fll]allcial statements e prtpared in PKH]Dd deAiDg whith is th¢ fITwla1 cutreLW of the conjpany. Forei Currency transactions arc irtitialfy rccorded by applying to the fa18 currency a{)t the spot exchatt8e tare between the fi]ndiortal CULYCDCY al die fctti8n cu)TqlCyat the d¢ of tbc transactiott. Monetary asscl$ alld ]iabLlities deuotrjitialed in forei) a]mcy ai the bftlauce sheet ore tt2nslafed usinE the closing ratc. Forei currency 88Jns aod losses rtsuliiti8 fro the settlellMit of trBns8CtioDs and fi'om die Irauslation at nd end excball8¢ rat¢s of llM)neW &&Set8 and liabilities deoomillated ill foreigll CencieS are re£ognised in tbe Inc0j Ststcmcnt DebtUf5 Debtots are meosurd at therecOvebI¢ anwunts asatthc Stst¢meThtof Finatxi81 Positio[* da Creditor5 and provisious Crcditors and proVSJons for IJabilitie5 8rd eharges 8re recognised Ttttsurtd llt their exFeted amounts ss the StareJn¢nt of FinaJJcfjal P%]ll dat¢ IVindiDg up or dissolution of tbe charity If upon up or dissolution of the Chlty there remains any als. after th¢ satisfaction of 811 debts aDd liabililL¢S, th¢ as8ets ilted by the accutlluiated sh8Jl be ttallsferred to s0C other C[L1ble bDdy . bodies Iving sunilarobjccts to the ebariry. INVESTMENT INCOME 2024 2023 DepoSitCOUnt intetest 789 515 Page 9 continued...
(hii'thld Chambeis Publiutiuns Associatioij LimÉteil(fhel Noles to Ibe FinanciR] StaÉetDent5- CODtinued f(br tknt year ended 30 Septembtr2024 Other tr2ding activities 2024 2023 Fundiai5ino pubbcity aNt Mae£ 644 CHAIUTABLE AcrtvTTiTrs cosrs GTall( fu[Ldig of activitics (see nore 5) Totals Governatt Direct cbaritable expe]]ditiue Bwk Ordets 12,SL? 33.847 4.578 12.582 56.407 4,578 21560 SI.7 22560 73,567 GRANTS PAYABLE 2024 2023 Direct charitable expendittEre 21560 49.395 The total wts paid to instilf0]L% dl{P the ytsrw&% as follows: 2024 2023 Medik A550Ciatcs Various gzants Of] tlkqn £5,(KKI each MAI Europe Bible Educational setvices OUT Daily BTead Ministry 15,738 17,657 5.000 6,000 5,000 17560 22,560 49,395 TRUSTEES. REMUNERATION AND BENEFITS There wcr¢ no trUstS, rewunet*ioll or other ithcfiis for the year etmtal 30 Sqknlber 2094 nol. for the year endcd.30 Sryt¢mbcr2023. Page 10 continued...
0si¥xld Chxttibers Pubtit*tiotts Assotiatioii Limited(fhe) Notes t(b tbe Financial StatemtnlS- contiiiued (oi. Ilje yegr ended 30 September 2024 TRUS'fEES' REf¥lUNERATION.4ND BENEFITS- continued Tnaslees. expese5 The rt8ture ofibe InLsLees' LKpeLses w&% the 1)bUrst[or travel attd subsistellce c05ts.. The nutnberof InL8iees' to wlmn PenSeS wert etbutd w&% 5. DEBTORS: AMOUNTS FALLING DUE W]TFttN ONE YEAR 2024 2023 OtheL' debtors 65288 55.044 CREDrroRS: AMOUIYTS FALLINC DUE wrrFllN OPIE YEAR 2024 2023 IiELATED PARTY DISCLOSURES There wer¢ no irlatd psrty tr4ttsa¢tiQs forth¢ytsreDded 30 Septqtkn2024. Pagell
051vald Cliambeis PubticalioTiS Associatioii LilIe(The) DelailEIl Slatemettl of Finatbcial Aciivities for tljeyear etldtd 30 Septefflbci. 2024 2024 20?3 INCOME AIYD ENDOwllElYrS Investment Tii¢onie Deposil account interest 789 515 Oth¢i' income Royaliies frurn (he exploitstion of I1ClU property Excbaoge re differences 57,827 9.274 73.301 16.690} 67,101 66.611 Total intoming reSoUeS 67,890 67,126 PENDITURE Other ti'ading aetivities Fundra2sing publicity and rnadtcting 644 CbAritable Activities Tivsiees. expeLs Book ord.$ Sothwa licett¢esattd expezL8ts Meelillgs Bonk cliaru& Accountancy Wiiun(k & publcalion costs Sales bott to inst¥tutio% 11,939 4.578 7,699 1,982 70 643 4JOI 69 649 494 22,560 289 49.395 73,567 94.832 Total rtsources expet]ded 73,567 95,476 Net expendtture (5,677) 128,3501 This ¢ does noi f0Th ] of Ihc ststukny flnancial statemts Pagc 12