Company registraiion number.. 00781533 Charity registration numb¢r'. 248979 Christadelphian Auxiliary Lecturing Society (The) (A ci>mpany limited by guaTanieel Annua] Report and Financial Statements for the Year Ended 31 De¢¢inber 2023 Buckler Sp¢n¢er Limited Old Police Station ChuTEh Street Swadlincote Derbyshire DEI 18LN
Christadelphian Auxiliary Lecturing Society (The) Contents Reference and AdministratiY¢ Details Trustees, Report 2to7 Jt]depend¢nt Examiner's Report 8t09 Statement of Financial Activities Balonce Shc¢l 12 Notes to the Financial Statements 13 to23
Christadelphian Auxiliary Lecturing Society (The) Reference aDd Administrative Details Truslees S J Ashton Ljcave Mr5 S E Slieppard D Smith P R CoopeT E N Walker N J Smith S J Ellis D J Pear¢¢ Mrs R M Pearcc Chirity Registration Number 248979 (England athd Wale5) CoThpany Registration Iyumber 00781533 The charity is incorporated in England and Wales. 404 Shaftjiioor Lane Hall Gr¢eD Birjningham West Midland$ B28 8SZ Registered Office OSCR Re51¢red Nutnb¢r SC045786 (S¢otland} Independent Ex4miDer Bucklcr Spencer Limited Old Police Station Church Street Swadlincote Derbyshire DEII 8LN Page I
Christadelphian Auxiliary Lecturing Society (The) Trustees, Report The trustees, who are directOT5 for the purpose5 of company law, pres¢nt the annual r¢port togdher with the rLnancial statemetlts of the charitable Gompany for the year ended 31 D¢¢ember 2023. Objeetivt$ and activitie5 Objects and oipns The objt¢lives. purpose and fun¢iions of the Society are to promote the Faith of the Christadclphians within th¢ UK and to provid¢ support for individual Christadelphian ¢ongr¢g*ions and individuals to preach and t¢ach the Chris¢ad¢lphidn Faith worldwide. Page 2
Christadelphian Auxiliary Lecturing Society (fhe) Trustee5' Reporl Obj£ctiVES, sir4legiu and acVIll¢S In 2023 th¢ Society ha5 again been very ar¢iv¢ with mally fa¢¢-to-face and online activities. Bookings are being made for the inain Bible Exhibition and the smaller "The Bible Today Cxhibilion. The Bible Lcaming Centre has be¢n open for over 10 yeaTS and in 2023 severa] Dew courses have com]n¢n¢ed. The prcaching work io the Iraiiian and other asylllm seeker5 continued at pac¢. both in person and ot]line. Leaflets were sllpplied and items such a5 booklets, DVDS, et¢ were also sold. We roniinue to r¢]ve a number of initial requests for literature and s¢cotkdary requests from those receiving th¢ literature. Severa] new ¢ontact5 requcsted corr¢5ponden¢e courses. We continue lo produc¢ the CALS Diary, which contains a v&st amount of inform2lion about ihe Christadelphian Brotherhood world-wide. We produce a page per month Bible Message Calendar each year, which is supplied to the Christadelphian community world-wide for preaGhing puryose5. The CALS Depoi in Birniingham continued to service all r¢que5ts for literature, CDS, DVD5 etc. It is op¢rated from premises OWryLed by the ChTisiadelphian Magazine and Publishing Association and is adiTJinisiered by staff working for aijd ¢Tnploycd by th organisatLOll. The Society conducts Bible Campaigns and Bible Exhibitions throughout the UK. These are designed to introduce the Christadelphian Faith to the public and to stimulate interest in the Srriptures. The onlit]¢ campaign cornmenc¢d in 2020 during lockdowi still continues. It wa5 launched under the banner "gospel online and it has its website and makes exiensive use of social media. Short presentatioDs are added weekly and fe¢dbackldi5CU5sion is encouTaged. During 2023, the Society h85 continued io develop its existing online platforms, its main website ww.therhrisiadelphiaDs.org.uk. "Understand your Bible.. "Life's Big QuestlOll5" and "Eviden¢e - you d¢¢ide" 'gospel online" and there 1$ a virtual version onliDe of the ]]iain Bible F.xhibition. A signiflcant upgrade has tak¢D place to'understand your Bible" providing incorniation in different languages and plarforms. Interest in the gospel message from refugees and &sylum seekers has Continued. The Society purchased Bibles in FaTSj. arranged courses for these refugees arrang¢d the tratlslaiion of varioiis leaflets and books from English to Farsi. To date over J,000 bapti51n5 have tak¢n place and there aTe aroutld 4,000 further prearhing contacts. The work coniinues in 2024. Work has ¢ontinued during 2023 on preparing a social media strategy. It 15 expected that this will be available to utilsse in 2024. At ea¢h TTuslees meeting. #¢ least one ¥ov¢mance topic is di5¢ussed. 2023, die Trn5tees have started to revislt the charity 8overnante questions prcpar¢d by the Charitie5 Commission, following an initial consideration irt late 2020 and 2021. Other ongoing training takes place as agreed by the Trustees. Th¢ Society has taken advantage of increasing interest rates, with the safe depositillg tsf its r¢s¢tves acr05S several banking institutioDs. All of the infomjatioii about our activities 15 available from OUT free catalogu¢. and is also given in brief in th¢ front part of our CALS Diary. Details of BTanth activilies and th¢ Work of each Section of th¢ CALS e published in full in the Annu Report and Accounis. We arc most grateful to our Heavetily Father for abundantly blessing our work this year and pray for His guidallcc in the day5 remaining. Page 3
Christad¢lphian Auxiliary Lerturing Society (fhe) Trustees, Report Pmblic benefil The prcachiE)g Carried out 15 for th¢ benefit of the public who are invit¢d and encouraged to learn ihe faith of the Bible in the same way as Christ'5 original followers spread the Gospel tnessage to all who would lisien. The tru5tC¢5, in making decisions about our activities and the ways ollr funds are expeE)ded, have due T¢g3rd to these objectives and the ChaTity Commissioti's public benefit guidanGt when exercising any pow¢rs or duti¢s to which the guidance is ielevant. The trustees confimi that they have complied with the requircment5 of section 17 of the Charities Act 2011 to have due regard to the public benefir guidance published by the Charity Commission for England and Wales. Finanti&l review Polic) ort rerVeS Tlie Society retain5 311 of its knv¢stmenls as cash deposit5. This enables the Society io have ready ac¢¢ss lo fund5 as and wh¢D the need arises. The Society's policy on reserv¢s LS to build up re5¢TV¢S to enable major preaching ¢ampaigns io be undertaken. A minimum of Six months operating expcrtditure i5 h¢ld in reserv¢s. Principalfunding sourco The principal funding resources are the sales of th¢ Charity's publications, donations from Christadelphian organisations and individuals and legacies. During the pt year, income from Christadelphian orgall15ations atld individuals accounted for 66Yo 12022 79%) of total income. Miscellaneous incom¢ account¢d for the rctnaining 340/¢12022- 21U/o Tru5tc¢$ and officers Th¢ trustees atKI officer5 5¢]viNg during the year and sinGe the year end were as follows.. 'rru5tees'. S J Ashton LJCave Mrs S E Sheppard D Smith P R Cooper EN Walker NJSmith S J Ellis D J Pearce (appointed 13 May 2023) Mrs R M Pearce (appointed 13 May 2023) Structure, governance And rnanagement N41ure ofgoverning The charity is controlled by its governing document. an Articles of Asso¢iatioll. and constitutes a limited tsmpany, limited by guarantee, &s defjned by the Companies Act 2006. A revis¢d set of Article5 Was tabled and approved at the 2021 Annual General Meeting. Page 4
Christadelphian Auxiliary Lecturing Society (The) Trustees, Report Rerruilmenrf unduppointment ofiruslees The democratic arrangemcnts of the Christadelphian Auxiliary Lecturing Sociery {CALS} subjects the Trnstees to an ele¢tioD at least every third year. On 13 May 2023 Mr D J Pearce Mrs R M Pearce were appointed as Trustee5. The Society has review the Skill sets requtred on the rommittee of Twstees and expects to apwint leasi one additional Tru5t¢e during 2024. Page 5
Christadelphian Auxiliary Lecturing Society (The) Tru5tee5' Report Induelion training of irustees All Trustee5 are already fatniliar with the aims of the ChaTity 2nd the m¢thods of working. All new trustees receive a pack contailling.. The ChaTtty Commi55ion's guide "Th¢ Essential Trustee Latest financial statemetlts Copies of the mefftoTandum and articles - A copy of the minutes of the previous m¢¢ting of the Managersjent Committee Ongoing training for all Trustees is agreed throughout th¢ year. Organisoiionul strud4re In t¢Tms of organisation, the UK is divided into 10 CALS Branches. each with its OWE) secretary and treasurer. Lach Branch encourages preaching in its area, and also reports to the Management Committct and otlier Branches by mean5 of minutes of meetings. and by sending r¢presenta¢ives to tli¢ Annu&l General Meeling and Confereiice. In this way the CALS is seen to be accountable to all Chrisladelphian ecclesia$ li.e. church congregations). In addition. there are othcr ¢ommitt¢¢s that fall within the 3c¢ivities of the society. These are the Bible Exhibition. Campaibms, Diary, Solihull Bible Learning Centre and Literature ¢ommitt¢¢s. The Trustees coopt a nurt)kr of individuals with specific skills to ass15t the on8OLng work of th¢ Society. Infortnal relation5 are maintained with other Christadelphian bodies throughout the world. Relationship5 wlth related p#rtie5 Other ChristAdelphi#n bodies Whilst the charity ha5 no formal r¢lated parties, close links are maintained with other Christadelphian bodies throughout the world. FiN¥n¢ial instruments Objeclives tsndpolicies Th¢ charity's activiti¢s exp05¢ It to a number of fitLanc&al risks including tash flow risk and liquidity risk. The Lharity managcs th¢5¢ by keeping sufficient cash reserves lo mee¢ planned ¢xpenditur¢. Th¢ charity does not U5¢ derivative financial instruments. Sta¢¢m¢nt of trustte5' responsibilities The trustees (WI are also the directors of Christadelphian Auxiliary Lecturing Soci¢ty (The) for the purposes of company law) ore responsible for preparing the In]stees' report and the fin#ncial 5tat¢ments in acwrdance with appli¢able law and Ut]ited Kingdotn .4ccounting Standards (United Kingdom Generally Accepted Accounting Practice), including fRS 102 'The Financial R¢portkng Standard applicabl¢ in thc UK and Republic of Ireland" Company law requiS the trustees to prepare fJTLan¢ial statements for each financial year. Under wmpany law th¢ trustee5 must not approve the finat)cial statemcnts unles5 th¢y are satisfled that they giv¢ a tNe and fair vi¢w of the state of affairs of the cl)aritable company and of the incoming resources and applicatiotl of resources. including its in¢ome and expet]diture, of the charil&ble company for that period. In preparing the5¢ financial siatetnents. the IWStee5 ar¢ requircd ro.. Page 6
Cbristadelphlan Auxillary Leeturillg Soelety cfhe) Tryste, Report seleGt suitable acCoting rxTrlicies and apply thett) o)nsistentty', observ¢ th¢ m¢thods and principles in the Charritits SORP.. make judg¢Tnerts estimatts that are reonable and pn]den State whcther applicable acwuntln8 sLdaYS, comprising FRS 102 hav¢ been followcd subj¢ct ¢0 any Enater1 d¢partures disclosed and explained in tht financial st2tetllents.' and prepare the fiTJBncial stmements on th¢ going concern b&sis unle85 it js inappropri8te to presum¢ that th¢ charitable cotnpany will continue in bu5iRe55. Thc trustees are reBnsible for ketping proper a(wunting rrwrds that can dise105e with r¢asonabl¢ a¢curacy at y time the flnanci p)sition of the th4rit¥ble company and enable th¢Tn to tnsure the fuwKial st3t¢menlS comply wTth the C.otnp3t]ies Act 2006. They aT¢ a150 Tesportsible for $e8Uarding the aS$¢L8 of the charitable ompany and hence for tthng rasonable steps for the prevention and detrltion of fraud Oth iTgarl[le8. The trustee5 are responsibl¢ for the maintenanc¢ and inteIty of the corporaie ond f]nanci infortnation included on the chuitabl¢ COMpY'S wcbsii¢. Legislation governing the prq>ardtion and di5S¢tnination of financial ststemenL8 may differ frorll legislation in other jurisdiction5. The annual rerA)rt was approved by the tN5tees of the chariry on 20 Marth 2024 and sigt)ed on its behajf by.. ooper Trust¢ Page 7
Christadelphian Auxiliary Lecturing Society (The) Independent Examiner's Report to the trustees of Christadelphian Auxiligry Lecturing Society (The) ('the Company,) I report to the chariry trustees on my examination of the accounts of the Company for the year ended 31 December 2023. Ke5P0115ibilities and basi$ of report As the charity's Irustees of Christadelphian Auxiliary Lecturing Society (The) land also its dirrctors for the purpos¢s of compatsy law) you aTe responsible for the preparation of the a¢counts in a¢cordance with the requiremcnts of the Charities and Trustee Investtn¢nt (Scotlandl Act 2005 ('the 2005 A¢t'l, the Charities A¢counts {Scotlandl Regulatiops 2006 (a5 amended) and th¢ Companies Act 2006 I'the 2006 Act'l. You are sat15fLed that the acoounts of the Compat)y are not required by charity or ¢(>inpany law to be audited and have chosetl instead to have an indcpendent ewnination. Having satisfied Jnyself that the accounis of Chri5tadtlphian Auxiliary Lectwing Society (The) are noi required io be audited under Part 16 of ihe 2006 Act and are eligible for independent examination, I report in T¢%pect of Ihy examination of your charity's ac¢ounts as carried out IlDd¢r section 145 of the Chariiie5 A¢t 2011 I'the 2011 Act'l. In Carrying out my examination I have ftsllowed the Tequiretnents of Regulation I l of (he Charilies A¢counts (Scoilandl Regulaiions 2006 {as ainended) and the Dire¢tions given by the Charity Comtnission under se¢tion 145(5}Ibl of the 201 l A¢t. Independent ¢xarniner's Statement Sin¢¢ the CoTllpany is required by company law to prepare its accounts on an a¢cruals basis and 15 r¢gister¢d as a cliarity in Scotland your examiner musi be a mcmbcr of a body listed in Regulation 11121 of th¢ c.harities A¢count5 (Srotlandl Regulaiiot)s 2006 las amended). l Gan confirtn ihat l am qualified to undertake the ¢xatnination because l a r¢gistered member of Institute of Chartered Accountants in England &nd Wales, which is one of the listed bodies. Since Chrisiadelphian Auxiliary Le¢ring Society lThe}'s gross income exceeded £250,000 your examiner must be a member of a body li%ted in 5¢¢¢ion 145 of the 2011 Act. I confirn) that l am qualified to undertake the exan)inaiion because l a]n a meinber of Inststtjte of Chartered Accountants in England and Wales, which is on¢ of the listed bodics. have completed my txamination. l ¢onfirin thai no matters have ¢ome to my attentiotl in ¢onnectitsn with th¢ examinatiotl giving m¢ cause to believe.. accounting records w¢re not ktpi in r¢5pe¢t of Christadelphian Auxiliary Lecturing Society (The) as T¢quired by section 386 of ihe 2006 Aet and Rcgulation 4 of thc 2006 Accounts Regulations,. or 2. the accounts do n(ii accord with those records with the accounting requirements of Regulatton 8 of the Charities Accounts {Scoiland} Regulations 2006,. or 3. the account5 do not comply with th¢ accountitjg requiremenis of ttion 396 of the 2006 Act other than any requirein¢nl that the a¢¢ounts give a 'tru¢ and fair view, which 1$ not a matter considered as part of an independcnt examination,. or 4. the accounts have not been prepared in a¢cordanc¢ with the methods and principles of the Statement of R¢commended Practice for accouniing and reporting by charsties lapplicable to charities preparitjg their acctsunts in accordanc¢ with the Flnancial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I hav¢ nD concerns and have come across no other matters in conn¢¢tion with ihe examination to which atientson should be drawTJ in this report in order to enable a prop¢T understanding of th¢ accounts to be r¢a¢hed. Pag¢ 8
Christadelphian Auxiliary Lecturing Society (The) Independent Examiner's Report to the trustees of Christadelphian Auxiliary Lecturing Society (fhe) ('the Company,) RiGhard Spencer BA FCA Institute of Chartered Accountaljts in England and Wale5 Old Police Station Church Streei Swadlincote DLrbyshire DEI18LN 20 March 2024 Page 9
Christadelphian Auxiliary Lecturing Society (fhe) Statement of Findncial Activities for the Year Ended 31 December 2023 (Including Income and Expellditure Accounl and Statcmcnt of Total RecogDised Gains and Losses) UtLr¢$tricted fund5 Restricted funds 31 Decernber 2023 Note Intorne and Endownhents from: Don3tions and legacie5 Charitable activities Investment income 156.538 31.938 19,972 14,842 34,5?0 106 171,380 66,468 20,078 Total income 208.448 49,478 257,926 Exp¢thditure on: Charitable activities (83,136) 1144.6081 {227,744} Total expenditUTe Net iiiCOTn¢llexpenditur¢) -[rnDsfe between funds 183,136) {144.6081 (227,744) 125.312 1101.4681 195,1301 101,468 30.182 Net inoveinenl in ndS 23,844 6,338 30,182 Reconciliation of fund5 Total funds brought forward Total funds carried forwaTd 610,895 16,397 627,292 13 634.739 Unre5trided fund5 22.735 Restritted funds 657,474 31 December Z022 Note IRcorne *nd Endowm¢nt$ from: Donations and legaci¢s Charitabl¢ &ctivities Investment income 256,702 41,608 5,371 3,970 23.288 260.672 64,896 5.371 Total income 303,681 27,258 330.939 ExpeNditure on: Charitable activiti¢s 69,480 165,0461 234,526 Total expenditure Net in¢omei{expeTJditur¢) Transfer5 b¢lween fund5 69,4801 165,046 234.526 234,201 118,7J9) 1137,788) 118,7)9 96,413 Net rnovement in funds 115.462 {19,0491 96,413 Rccontiliation of funds Total funds brought forward Total fi]iids Garri¢d forwaTd 495,433 35.446 530.879 13 610,895 16,i97 627,292 The notes on page5 13 to 23 forni an iDi¢gTal part of these financial statements. Pag¢ 10
Christadelphian Auxiliary Lecturing Society (fhe) Statement of Financial A¢tiTrities for the Year Ended 31 December 2023 (Including Income and Expenditure Account and Statemellt of Total Recognised Gains and L055es) All of the ¢harity's activities derive from continuit)g operaÈion5 during the above periods. The funds breakdoMTr for 2022 ts shown in not¢ 13. The noies on pages 13 to 23 forni an integral part of these financial statements. Pagell
ChristgdelphiAll Auxillary IK¢turing Soeltty (The) (Registratlon number: 00781533) Baln¢e Sheel Is at 31 December 2023 io 2022 Note FiJ¢d assets Tangihlt &ssets Curreni A55ets Debtors Cash at bank and in hand 10 14.478 644.195 3.613 625,628 658.673 629,241 Crtditors.. f#Jlith8 due With1 year 12 (1.200 1,950 Net eurr¢ni SStts 657,473 627,291 Net Sets 657,474 627,292 Funds of the ch¥rlty". Rejtricted income hnds Restrictd 13 21735 16,397 Unrestricted ineome Unrestricted funds 634.739 610895 Total 13 657,474 627,292 For thc fitsartcia] ending 31 D¢mnber 2023 the ch&Tity was entitled to ¢xemptii>n from audit und¢T S¢Ction 477 ofthe Comparties Act 2006 relating to StrLall ¢ompHnies. Dirciors. resJx)nsibiliti¢8: The m¢mb¢rs have tkot required the charity to obtairt an audit of its accowits for tht year in question in accordance with section 476,. and Th¢ directors acknowledge th¢ir r¢sp)A8ibiliites for complyiDg the requirements of the Act wth r¢5P¢rt to accounting records atxl the Preparation of coUnts. The fin01a] Statemt$ on pa8cs io to 23 were approved by the tnL8tres. and autknrised for i8$U¢ Ot) 20 March 2024 and signed th¢iT brhaif by.. P R Coopcr Trustee The noles on pages 13 to 23 fomi an Antegral part of these finantiat statetnetts. Pag¢ 12
Christadelphian Auxiliary Lecturing Society (The) Notes to the Financial Statements for the Year Ended 31 December 2023 I Charity 5tat115 The charity is limited by guarantee, incorporated in Englat]d and Wales, and cons¢qllently does not have shaT¢ capital. Ea¢h of thc trustee5 is liable to contribule an amount not ex¢eedinE £1 towards the as5¢ts of the charily in tlie event of liquidation. The addr¢ss of its registered tsffi¢¢ is.. 404 Shaftmoor Lone Hall Green Birtningham W¢5t Midlands B28 8SZ These finan¢ial statements were authorised for Issue by the trustees on 20 March 2024. 2 Aetounting polities Summgry of signifi¢ant accounting ptslici athd kty gccounting estimAte5 The priiicipal accounting policies applied iii the Preparatiun of these financial stst¢Tnents are Set out below. These policies have been cons1Stently applied to all the vears PTes¢nied, unles5 otherwise Stated. Statement of complianee The financial stateinents have been prepared in accordance with Accounting artd Reporting by Chariti¢s'. Staterncnt of Recommended Practice (applicable to cliarities preparing their accouDts in accordaD¢e with the Financial Reportin8 Standard applicable in the UK and Republic of Ii¢land IFRS 1021) (issued iii October 20191 {Chariti¢5 SORP IFRS 1021). the Financial Reporting Standard applicable in the UK and Republic of Irela]]d (FRS 1021 and th¢ Companies Act 2006. Ba$1$ of preparitlon Christad¢lphian Auxiliary Le¢tllring Society {The} meets the definition of a publir benefit entity under fRS 102. Assets and liabllities are initiajly recoBni5¢d at historical ¢ost or transaction valiie unless otherwisr staled itl the r¢lcvanl accounting policy notEs. Going eonterD The trustees ¢onsider that there are no material uncertainties about the charity'5 ability to continue as a going concem nor any significant areas of unceilainty that affect th¢ carrying value of a5set5 held by the charity. F.xeMptiO from prepaTing x cash flow $t#tement The Gharity opted to early adopt Bulleiin I published Dn 2 February 2016 and have therefore not included a cash flow siatement in these financial statements. Income and endowments All income is recognised once the Gharity has entitlemetlt to the iocome. il is probabl¢ that the income will be received atld the amount of the incon]¢ receivable can be measured reliably. Page 13
Chri5tadelphian Auxiliary Lecturing Society {The) Notes ¢0 the Financial Statements for the Year Ended 31 December 1023 DonulioN5 legaries Donation5 are recognised when the charity ha5 been notified in writing of both th¢ amouni and settl¢ment date. In the event that a donation 15 subjecl to conditions that require a level of pcrforman¢e by the charity b¢fore the ¢hiriry is entitled to the funds. the income is deferred and not recognised until either thos¢ ¢ondition5 aT¢ fully et, or the fulfjlment of those conditlOll5 is wholly within the control of the charity and it is probable that these conditions will be [rjIled in the reporting period. Legacy gifts are recognised on a case by case basis following rhe grant of probate when the adtninistiaiorlexecutor for the estate ha5 communicated in I¥Tiiing both the amount and 5¢t¢lement date. In the event that th¢ gifi is in the form of an asset oth¢r than cash or a fjnancial asset tradcd on a rccognistd siock exchange, recognition is 5ubj¢¢t io the value of the gift besn¥ reliably measurable with a degree of r¢a$onablc ccuracy and th¢ Iltle to the &%se¢ having been transferred to the charity. Jnvgsiment iNcome Dividends are recognised once the dividend has been declared and notification has been reccived of the dividend due. Expenditure All expenditur¢ is recognised onc¢ there is a legal or constructive obligation to ihat ¢xpenditure. it is probable Settlement is required and the atnount can be measured reliably. All costs are allocated to the applicable cxpendi¢ure heading tl)at aggregate similar cost5 to Ihat category. Where costs Catinot be directly attribuittd io particular headings they have been allocated on a basis consistent with the use of resource5. Charilable aclivilies Charitable expenditure cotnprises th05¢ Costs incurred by the charity irt ihc delivcry of its activities and 5¢rvices lor its bcJiefLciaiiES. It includes both costs that Can be allo¢ated directly to such activities and those cost5 of an indsr¥¢i nature ne¢essary to support them. Governancc ¢osts These include th¢ costs attributable to the charity's compliatL¢e with con515tiitional and statutory requirements. including (iudii, strategic management &nd trustees, rneetings and reimbllrsed expenses. Taxation 'rhe cliarTty is considered to pa5S the tests set out in Para8fY4ph I Schedule 6 of the Finance Act 2010 and therefor¢ it meets the definition of a charitable cornpany for UK ¢orporation purposes. Accordingly, the harity is potentially exempt from taxation in respeGt of income or capital gaLDS received within categories cov¢red by Chapter 3 Pan I l (>f the Corporation Tax Act 2010 or Sertion 256 of the Taxation of Charg¢able Gain5 Aci 1992, to the ¢xtent that such income or gains are applied ¢xclu5ively to charithble purposes. Tangible fixed Assets Individual fixed assets costing £100.00 or mor¢ are initially recorded at ¢ost, les5 any subsequenr accumulated deprcriaiioTh and subs¢quent accumulated impaiTmtnt 1055e5. Page 14
Christadelphian Auxiliary Lecturing Society (The) Notes to the Finaneial Statements for the Year Ended 31 December 2023 Depretiation arnortisgtion DepreciatlOIl IS PTovided on tangible fixed assets so as to write off the cost or valuation. less any e5titnated T2%idual value, over their expected useful ¢Gonoiric life as follows.. A55et ¢l#$$ Moror vehicle5 Depreciatio method and rate 20/0 ori cost Trgde debtor5 Trade debto)rs are amounts due from cu5tomeis for inerchandise sold or servi¢¢s performed in the ordinary coursc of bu5iThess. Trad¢ debtors arc recognised initially at the transaction PTice. They are sllbsequently Tneasured at transaction price, Ic55 provision for impaitment. A provision for the impaimenl of trade debtors is established whtn ihere is objective evidence that the charity will not bc able to collect all amounts due according to ihe original t¢mis of the receivables. Cash and ¢#$h equivalents Cash and cash equivalents comprise cash on haThd ond call deposits, and other short-tertn highly liquid investments thir are readily GDnvcrtibl¢ to a knowTh aniount of cash and are subject to an insigtlificanl risk of change in value. Trade creditors TTa(le ¢reditor5 ar¢ obligations to pay for goods or services that have been acquired irk the orditlary ¢ourse of bu5in¢ss from suppliers. Accounts payable are classified currEnt liabiliti¢s If the charity does not have an uncondilii)nal right. at th¢ end of the repi)rting period. to defer ttlmCnt of the creditor for at Ica5t e1ve months after the reportitjg date. If there 15 an uncotjditional right to deler settlement for at least N¥elve months aft¢r the reporting date. they are presented as Tron-cllrrent liabilities. Trad¢ creditors are rectsgnised at the tTansaction price. Fund structure UnrestTIGted incojne futlds are general funds that are available for us¢ at the trusie¢s' discretion in fvrth¢rJn¢e of th¢ objcctives of the charity. Resiricted incoTne funds are those donated for use in a particular area or for specific purposes, Ihe use of whi¢h is rt5tri¢ted to that ar¢a or purpos¢. Financial instruments Classiflcalio Financial assets alld fiThan¢ial liabilities arc recognis¢d when th¢ charity be¢ome5 a party to th¢ cori¢ractual PTovisioll5 of the instrument. Retf)gnition and&sreMeI All financial a5S¢ts and liabilities are initially measured al transaction price (including tran5adion costs) inancial liabilities are d¢recognised only when the obli¥ation speGifi¢d in the contract is discharged, can¢¢lled or expires. Page 15
Christadelphian Auxiliary Lecturing Society (The) Notes to the Financial Statements for the Year Ended 31 December 2023 3 Income from donation$ #nd legacie5 Unrestricted funds General Restrirt¢d fund$ 31 Deeember 2023 31 December 2022 Donations and legacies: Donations from individua15 Legacies Donations re property sales 71,746 60,385 24,407 1.340 73,086 60,385 37,909 73.738 146,049 40.885 13,502 156,538 14.842 171.380 260,672 4 Income frorn charitable activities Unrestricted funds Gentral Re5tri¢ted funds 31 D¢tember 2023 Litetature Diarie5 Bible exhibition Branch activiiies Bible message calendar Bible learning centre 3.415 3,415 2,271 3,152 4,985 2,271 i,152 4,985 34,530 34,530 31,938 66,468 Unre5trict¢d funds G¢nerAI Restritted rund5 31 December 2022 Literature Diarie5 Bible cxhibilion Branch activitie5 Bible tnes%age calendar Campaigns Bible leartling ¢entre 1,821 23,616 ,733 9,127 1,821 23,616 1,73.3 9,127 5.311 1,096 22,192 1,096 22,192 41.608 23.288 64,896 Page 16
Chri5tadelphian Auxiliary Leeturing Society (The) Notes to the Financial Statements for the Year Ended 31 December 2023 5 Investment incoThe Unrestricted funds General Restricted lund5 fund5 Interest receivable 2nd similar income., Inierest receivabl¢ on bank deposits 19,972 106 20,078 Total for 2023 19,972 106 20.078 Total for 2022 5.371 5.371 6 Expenditure otl charit9ble Hctivities Unre5tri¢l¢d funds General Restriclcd JI Dorember 2023 31 December 2022 Othcr sales Litcrature Diarics Bible exhibition Branch activities Refugee preaching 19,812 9,175 6.491 5,696 15,075 19,812 9,175 6,491 5,696 15,075 102,808 500 3.989 25.896 36.i17 785 1,200 10,733 7,127 8,813 165 14,6Q9 122,709 I.Q02 4.358 28,422 35,388 102,808 500 Caleiidar5 Campaigns Bible learning centre Young pwple's preaching Lifc's big quesiions 3,989 22,898 2,998 36.317 785 1.200 1,200 83,136 144.608 227.744 234.526 Page 17
Christadelphian Auxiliary Lecturing Society (The) Notes to the Financial Statements for the Year Ended 31 December 2023 Unrestricted fllnds General Restricted furtds 31 December 2023 Other sales Liierature Diari¢s Bible exhibition Branch activttse5 Refugee preaching 19,812 9,175 6,491 5.696 15.075 19,812 9,175 6.491 5.696 15,075 102,808 500 102.808 500 Calendars Campaigns Bible l¢aming centre Youtig people's preaching I,if¢'s big questLOtLS 3,989 22,898 3,989 25,896 36.317 785 1.200 2.998 36,317 785 1,200 83.136 144.608 227,744 Unrestricted lunds Gerterxl Restricted (und5 31 Dec¢mbtr 2022 Other sales Literatllrc DiaTies Bible exhibition Branch activities Refugce preaching Bible line CaleDdars Campaigns Bible learning ¢entre Lif¢'s big questions 10,733 7,127 8.813 165 14.609 10,733 7,127 8,813 165 14.609 122,709 1.002 4,358 28,422 35,388 1,200 234,526 122.709 1.002 4,358 23,675 4,747 35.i88 1,200 165,046 69,480 Pag¢ 18
Christadelphian Auxiliary Lecturing Society (The) Notes to the Financial Statements for the Year Ended 31 December 2023 Activity undert4ke directly 31 December 2023 Other sales Littrature Diari¢5 Bible exhibitio Branch a¢tiviiies Refugee pr¢afjhing Bible Line Calend3rs Campaigns Bible leaming centre Young people'5 preaching Life's 6ig question5 19.812 9,175 6,491 5,696 15.075 102.808 500 3,989 25,896 36.317 785 1,200 19.812 9.175 6,491 5,696 15.075 102.808 500 3.989 25.896 36,317 785 1,200 227,744 Activity ndertaken directly 227,744 31 December 2022 Other sales 10,733 7,127 8,81:, 165 14,609 122.709 1,002 4.358 28.422 35,i88 1,200 10,733 7,127 8,813 165 14,609 122,709 1.002 4,358 28,422 35,388 1.200 Literature Dsari¢s Bible exhibition Brattch activities Refu¥ce preaching Bible Lin¢ .alenda Campaigns Bible learning ¢¢ntre l.Jif¢'s big question5 234,526 234,526 £81.13612022- £69,480} of the above expenditure was attributable to unrestricted funds and £144,608 12022- £165,046} io restricted funds. 7 1'ru5tces remuneration and ¢xpeDses No trust¢es. nor any persons connected with th¢m, have received any remuneration from the charity during the ycar. No trustees have received any other benefits from ilie charity dllring the year. 8 T¥xytion The charity is a registered charity and is therefore exempt froin taxation. Page 19
Christadelphian Auxiliary Lecturing Society (The) Notes to the Financial Statements for the Year Ended 31 December 2023 9 Tangible fixed assets Motor vehitl Total C05t At l January 2023 24,886 24,886 At 31 December 2023 24.886 24.886 Depreci¥tion At l January 2023 24,885 24,885 Ar 31 December 2023 24,885 24,885 Net lTrook value At 31 December 2023 At 31 December 2022 10 Debtors 2023 2022 Trade debtors VAT recoverable Oiher debtors 400 1,889 12,189 486 1,937 14.478 3,613 11 Cash #nd cash equivalents 2023 2022 Cash ai bank 644,195 625,628 12 Creditors: *mouDts folling de within one year 2023 2022 Trade creditors 1,200 1,950 Pag¢ 20
Christadelphian Auxiliary Lecturing Society (The) Notes to the Financial Statements for the Year Ended 31 December 2023 IJ Fund5 Balance ¥t 31 Detember 2023 Bglgiice lit I Janu*ry 2023 Incotning resource5 Resources exptndtd Transfers Unrestricted funds GeKerdl Gcncral fund 571.724 203,025 (62,3661 {115,197) 597,186 Other Branch fund Bibl¢ exhibition fund 25,170 14,001 3,152 2,271 (15,074} {5,6961 13,729 26,977 10,576 39.171 5,423 {20,770) 13,729 37,553 Total unrestricted funds 610,895 208,448 (83,136) 1101,4681 634,739 Restricted fun(ts Biblc learning ¢entres Campaign5 Comtnittee Life's Big Questions Bibl¢ line R¢fug¢e pr¢a¢hing Young people's preaching Total restricted fuThd$ 6,595 6,098 2,650 1,054 34.530 (36.317) (2.9981 (1,2001 (5001 1102,8081 17851 4,808 3.100 1,450 554 1,340 13,608 101.468 12,823 16,397 49,478 1144.608} 101,468 22.735 l otal fund5 627,292 257,926 227,744 657,474 Page21
Christadelphian Auxiliary Lecturing Society (The) Notes to the Financial Statements for the Year Ended 31 December 2023 Bglance at 31 December 2022 Balance at I JanuAry Intoming resour¢es Res0¥eS expended 2022 Transfers Unrestricted funds Gen¢rul yeneral fijnd 462,669 292.821 154.7061 {129,060) 571,724 Other Branch fund Bible exhibition fund 9,127 1.733 114.6091 11651 10,321 25,170 14,001 12,433 32,764 10,860 (14,7741 10,321 39,171 Total unrestricted fund$ 495,433 303,681 (69,480} 1118,7391 610,895 Restricted Bible learning c¢ntr¢s Carnpaigns committee Life's Big Questions Bible line Rcfu¥ee preaching 19,791 9,749 3.850 2.056 22,192 1.096 (35.388) {4.747) {1.200} 11,002) 1122,709) 6,595 6.098 2,650 1,054 3.970 118,739 Total restricted funds 35,446 27,258 {165.0461 118,739 16,397 Total funds 530,879 330,939 {234,5261 627,292 Page 22
Christadelphian Auxiliary Lecturing Society (The) Notes to the Financial Statements for the Year Ended 31 Dernber 2023 The specific purposes for which the fvrjds are to be applied aT¢ a5 follows.. rhe charity has six restricted fvnd5'. Bible Learning Centre This relates to the operation of a Bible Learning C.entre in Solihull. Campaigns Committee This r¢lat¢5 to catDpaigns admilli5tratiotJ fund, campaign¢rs' a¢¢ommodation and food expenses fund and campai8ncr5' benevolent fund. Life's Big Quesitons This relates to funds resvliing from an appeal to meet th¢ cosis of servicing website 8eTherat¢d enquiries fro Outside of the UK. Bible line This relates io the operation of a telrphone messaging sejvice. Refugee preaching This r¢lates to the cost of preaching to tnainly assylum seekers arriving in the UK from Iran. Young people's PTeaGhing -Fhis relat¢5 to the cost of preaching to young people 14 Analysis of net 855ets between funds Total funds at 31 Detember 2023 Unr¢$tricted funds Gener21 Deshgii*ttd Restricted funds Tatjgible fixed asset5 Current a55et5 CuL-l¢Dt liabilitie5 598.385 11.2001 37.553 22.735 658,673 1,2001 Toial net assets 597.186 37,553 22,735 657.474 Total funds at 31 Deceinber 1022 Uttrestricted (uthds Gen¢r81 Othcr Rcstrieted funds Tangible fixed assets Curr¢nt iissets Current liabilities 573,673 11,950} 39,171 16,397 629,241 {I,950) Total net assets 571.724 39.171 16.397 627,292 Page 23