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2025-06-30-accounts

Good News Broadcasting Association (Great Britain) Limited

Report and Accounts Year ended 30 June 2025

1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD

COMPANY INFORMATION

FOR THE YEAR ENDED 30 JUNE 2025

Trustees Neville Samuel Patterson
Katherine Elizabeth Naish
Helen Faraday
Wayne Arthur Clarke
Thomas Murdock Ward
Paul Sanders
Simon Leighton
Key Staff Thomas Murdock Ward
Governing Document Memorandum and Articles of Association dated 28
July 1976, amended 8 October 2011.
Company Registration Number 01270665
Charity Registration Number 275115
Principal Address & Registered Office Building 1 - Suite 4A
Office 5 Wilsons Park
Monsall Road
Manchester
M40 8WN
Independent Examiner Sarah Crispin ACA
Stewardship
1 Lamb's Passage
London
EC1Y 8AB
Contents Page
Company Information 1
Trustees' Annual Report 2-6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Accounts 10-16
Detailed Statement of Financial Activities with Comparatives 17

Page 1

Report of the Trustees

for the Year Ended 30 June 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2025.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objectives per the governing document of the charity is:- To stimulate and promote the advancement of the Christian faith in all parts of the world by means of radio, satellite or Internet broadcasting and, by such other means, being exclusively charitable in its objects as the Association shall determine in harmony with its Statement of Faith.

The principal activity of the company continued to teach the Bible through audio media. The aims and differences that the charity seeks to make include:- Through clear Bible teaching, promoting the Christian faith, encouraging Christians to be active in service of the Church and their local community, and encouraging non-Christians to accept the offer of salvation through faith in Jesus Christ;- Meeting the social and emotional needs of listeners. This is achieved through dealing with emotive concern, including stress, worry, loneliness, insecurity, grief and guilt; and- Following up on those who respond to the charity's outreach, providing an advisory service which helps to sustain and strengthen the weak by phone, letter or email.

The main objectives for the year were to continue to encourage and equip Christians with good bible teaching, expand our broadcasting opportunities in the UK and Africa and to introduce more people to the charity and thus increase our listenership and also increase donations. We also wanted to raise the financial giving of our supporters through regular donations and legacies.

The core strategies to achieve these objectives include:

When reviewing the aims and objectives of the charity, and in planning future activities, the trustees have complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Commission.

OBJECTIVES AND ACTIVITIES

During the year, the charity ran the following activities:

Page 2

Broadcasting activities

RADIO:

Word Alive continues to be our most widely distributed programme with the most airtime around the UK and the world. It continues to be aired on Premier Christian Radio, TWR-UK and a range of local, national and international stations (Particularly in the southern regions of Africa) as well as via Internet outlets.-

Bible Focus is our 10-minute week-day teaching programme. It features a number of different speakers. It is widely distributed across the UK on Christian radio stations and a few stations in Africa.

The Bible Overbrew started life as one of our podcasts but is being edited to be aired as a radio programme in 2026.

PODCASTS:

Streams on streaming platforms like Netflix, Amazon Prime and Disney +.

We continue to make the year of The Bible Overbrew available as a weekly podcast.

Sermonise is a podcast aimed at encouraging preachers in learning how to preach the Bible effectively. It is realised much less frequently than in the past due to interviews drying up.

Internet activities: Our YouTube page is regularly updated with the audio podcasts mentioned above. It also has a lot of videos from recently years. We hope to produce more videos in the future.

The GNBA website has all the content we produce. We update the website with new programmes or podcasts almost every day.

Other activities

Africa

The charity continues to broadcast Word Alive through TWR in the southern regions of Africa by satellite. We also broadcast on TWR Malawi by FM and a number of stations in Western Africa.

Poland

which we have been involved with for over 50 years. They do great work in radio, TV and visiting prisons and schools.

Prayer meeting

We encourage everyone who supports the charity to join us for an update on the ministry and to pray for our work. It is held on zoom 3 times a year.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

Charitable activities performance achieved against objectives set

Page 3

This year we continued to distribute our newsletter, Sounding Out electronically through email. We do still provide a paper copy for those on the mailing list who don't have access to the internet. We send it out three times a year.

contact with them to thank you for their support.

General giving is still below our outgoing costs but due to previous legacies the charity is in a healthy place financially.

Broadcasting in Africa continues to be one of our core objectives and an aspect of our work that many of our financial supporters are very interested in.

The GNBA website (www.gnba.net) continues to bring in visitors from many parts of the world but predominately the UK and the USA.

We send our regular emails called 'E-News' to let supporters know about programmes and the latest developments with the charity.

Financial Performance Against Budgets

Costs, including staff, are kept to the minimum required for the maintenance of a good, reliable service to stations and their audiences.

FINANCIAL REVIEW

£113,935 deficit). Principal funding sources included donors, churches, Christian trusts and bequests. During the previous year, the charity recognised legacies totalling £11,228, but there were none in current year.

The unrestricted fund at the year end is £355,079 (2024: £463,040), the restricted funds at the year-end were £115 (2024: £115), with the overall reserves totalling £355,194 (2024: £463,155)

The funds held on deposit are required for day-to-day operational costs and provide a cushion against the shortfalls normally experienced.

A range of emergency measures could be taken without serious impact on the work of the charity within the UK, should reserves fall below an acceptable level. The charity has been in receipt of differing levels of legacies over recent years, a source of income that is- by its naturevery unpredictable. For this reason, the trustees feel that it is necessary to hold a high level of reserves in order to manage the charity's finances effectively.

Reserves policy

The board recognise that the minimum level of reserves is £50,000, representing c3 months of running costs.

At present, the charity's cash reserves amount to £385,223 (2024: £484,519). This represents just over 7 times the minimum reserve policy requirement. There are no new regular income streams in the year and whilst the board continue to look to cut costs in order to maintain sufficient funds in order to continue operations long term, a larges reserve allows some security in the mid term for the charity.

Page 4

FUTURE PLANS

With good reserves in the bank the board believe it is right to continue to seek new broadcasting opportunities around the world and to invest in new radio programmes, podcasts, videos, advertising and conferences. But in light of the annual deficit we will seek to cut back if there can be savings made. In the last year we have moved to a much smaller office to save money.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Governed by the Memorandum and Articles of Association of the company, dated 28 July 1976, amended and updated by special resolution on 8 October 2011.

Recruitment and appointment of new trustees

identified as potential trustees. They are invited to a board meeting on a 'no commitment either side' basis. The next stage is an invitation to join the board. A wide range of skills are accessible by the charity through its trustees whose ranks include solicitors, businessmen, consultants and accountants.

All directors of the company are also trustees of the charity. The trustees who served during the period under review and to date are set out on the Company Information page.

The charity is organised so that trustees meet regularly to manage its affairs and is grateful to its associates and volunteers for the skills and support that they so willingly bring. All trustees give their time voluntarily. Any expenses claimed by trustees from the charity are set out in note 9 of the accounts.

Organisational structure

Tom Ward works as the full time Director of the ministry.

We employ 3 other staff; a full time producer/presenter, a part time role covering administration and graphic design, and a part time finance administrator.

Responsibilities of trustees under company law

statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:

  1. select suitable accounting policies and apply them consistently;

Page 5

  1. observe the methods and principles in the Charities SORP;

  2. make judgments and estimates that are reasonable and prudent;

  3. state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

  4. presume that the charity will continue in operation.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approval

This report, which has been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies, was approved by the trustees and signed on their behalf by:

Neville Patterson

Neville Patterson (Jan 15, 2026 17:18:19 GMT)

Neville Patterson

Date: Jan 15, 2026

Page 6

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2025 on pages 8 to 17 following, which have been prepared on the basis of the accounting policies set out on pages 10 to 11.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Sarah Crispin

Sarah Crispin (Feb 3, 2026 09:59:25 GMT)

Sarah Crispin ACA Institute of Chartered Accountants in England and Wales Stewardship 1 Lamb's Passage London EC1Y 8AB

Date: Feb 3, 2026

Page 7

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 30 JUNE 2025

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Investments
5
Total income and endowments
EXPENDITURE ON:
Charitable activities
6
Total expenditure
Net income/(expenditure)
Transfers between funds
13
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
13		 Unrestricted
Funds
£
63,482
542
4,809
68,832
176,793
176,793
(107,961)
-
(107,961)
463,040
355,079		 Restricted
Funds
£
-
-
-
-
-
-
-
-
-
115
115		 Total
Total
Funds
Funds
2025
2024
£
£
63,482
63,228
542
490
4,809
3,984
68,832
67,702
176,793
181,637
176,793
181,637
(107,961)
(113,935)
-

-
(107,961)
(113,935)
463,155
577,090
355,194
463,155

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.

The notes on page 10-16 form part of these accounts.

Page 8

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD

BALANCE SHEET

AS AT 30 JUNE 2025

Note
FIXED ASSETS
Tangible assets
8
CURRENT ASSETS
Debtors
9
Cash at bank and in hand
10
CREDITORS: Amounts falling
due within one year
11
Net current assets / (liabilities)
Total assets less current liabilities
TOTAL NET ASSETS
FUND BALANCES
13
Unrestricted Funds
General funds
Restricted Funds		 Unrestricted
Funds
£
1,964
1,964
5,182
385,108
390,289
(37,174)
353,115
355,079
355,079
355,079
355,079
-
355,079		 Restricted
Funds
£
-
-
-
115
115
-
115
115
115
-
-
115
115		 Total
Funds
2025
£
1,964
1,964
5,182
385,223
390,404
(37,174)
353,230
355,194
355,194
355,079
355,079
115
355,194		 Total
Funds
2024
£
599
599
8,006
484,519
492,525
(29,970)
462,555
463,155
463,155
463,040
463,040
115
463,155

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.

The directors (who are the charitable company's trustees for the purposes of charity law) acknowledge their responsibilities for:

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors and were signed on its behalf by:

Neville Patterson

Neville Patterson (Jan 15, 2026 17:18:19 GMT) --------------------------------------Neville Patterson

Jan 15, 2026 Date: _______ Company number: 01270665 Charity number: 275115

The notes on page 10-16 form part of these accounts.

Page 9

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2025

1 Statutory Information

The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention.

These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The principles adopted in the preparation of the financial statements are set out below.

Income from donations and legacies includes:

Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from conferences and the sale of literature.

Investment income represents income generated by the charity's assets and includes income from bank interest.

The cost of raising funds is not significant and has not been separately disclosed.

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

Page 10

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2025

2 Accounting Policies (cont.)

e) Tangible fixed assets

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £500 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:

Fixtures, Fitting & Equipment

over 4 years

The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.

f) Pension scheme arrangements

The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.

g) Taxation

The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

h) Exemption from preparing a cashflow statement

The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.

i) Critical accounting estimates and areas of judgement The trustees do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period.

3 Donations and legacies

Donations of cash and similar
Legacies receivable
Gift aid recoverable
4
Income from charitable activities
Conference income
5
Investment income
Bank interest		 2025
£
50,356
-
13,125
63,482
2025
£
542
542
2025
£
4,809
4,809		 2024
£
48,302
11,228
3,697
63,228
2024
£
490
490
2024
£
3,984
3,984

Page 11

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2025

6 Charitable expenditure

6
Charitable expenditure
a
Costs incurred directly on specific activities
Salaries, travel and expenses
Radio time purchased
Programme production
Rent and rates
Telephone and utilities
Promotional costs
Premises maintenance & equipment
Conference costs
b
Costs incurred on support & administration
Governance costs
Independent examiner's fee
Office supplies & costs
Legal & professional fees
Bank charges
Depreciation of tangible fixed assets
Insurance
Total expenditure		 2025
£
108,010
25,510
6,032
21,219
4,481
2,863
535
732
169,383
1,560
1,560
3,853
374
418
607
599
7,410
176,793		 2024
£
85,676
31,118
15,890
24,445
9,301
4,000
1,886
320
172,636
4,314
4,314
2,934
361
831
200
361
9,001
181,637

7 Analysis of staff costs, the cost of key management personnel and trustee remuneration

The average monthly number of employees during the year was 4 (2024: 4).

No staff received salaries at a rate of more than £60,000 per annum.

The charity's key management comprise the trustees and the key staff named on the Company Information page. Total employment benefits payable to key management for the year were as follows:

Other Employer
Wages & employment pension 2025
salaries benefits contributions £
Trustees:
Thomas Ward 44,305 - 3,544 47,849
following amounts were payable in the previous year:
Other Employer
Wages & employment pension 2024
salaries benefits contributions £
Trustees:
Thomas Ward 39,772 - 3,400 43,172

The following amounts were payable in the previous year:

Thomas Ward was employed as Director of the charity and received the above payments for work done in that capacity, not for serving as a trustee; these payments are permitted by the charity's governing document.

Page 12

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2025

8 Tangible fixed assets

Cost
At 1 July 2024
Additions
At 30 June 2025
Accumulated depreciation
At 1 July 2024
Charge for the year
At 30 June 2025
Net book value
At 30 June 2025
At 30 June 2024
9
Debtors
Falling due within one year:
Gift aid recoverable
Prepayments and accrued income
10
Cash at Bank and in Hand
Cash at bank with immediate access
Notice deposits (with a term of three months or less)
Petty cash
11
Creditors: liabilities falling due within one year
Trade creditors
Other creditors
Accruals
Pension contributions		 Fixtures,
fittings and
equipment
£
799
1,972
2,771
200
607
807
1,964
599
2025
£
3,233
1,949
5,182
2025
£
305,084
80,000
139
385,223
2025
£
1,670
33,304
1,560
640
37,174		 Total
2025
£
799
1,972
2,771
200
607
807
1,964
599
2024
£
3,697
4,309
8,006
2024
£
483,286
-
1,234
484,519
2024
£
2,863
22,045
4,362
699
29,970

Page 13

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2025

12 Pension commitments

During the year employer’s pension contributions totalling £7,492 (2024: £6,872) were payable to defined contribution personal pension schemes.

13 Funds

During the year the movements in the charity's funds were as follows:

General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Sri Lanka - Back to the Bible
B Japan
India - Back to the Bible
Aggregate of funds		 Opening
balance
2025
£
463,040
463,040
25
50
40
115
463,155		 Incoming
resources
2025
£
68,832
68,832
-
-
-
-
68,832		 Outgoing
resources
2025
£
(176,793)
(176,793)
-

-
-
-

(176,793)		 Transfers
in the year
2025
£
-
-
-
-
-
-
-		 Closing
balance
2025
£
355,079
355,079
25
50
40
115
355,194

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

Tangible fixed assets
Stock
Debtors
Cash at bank and in hand
Creditors falling due within one year		 General
Designated
funds
funds
£
£
1,964
-
-
-
5,182
-
385,108
-
(37,174)
-
355,079
-
Unrestricted Funds		 Restricted
funds
2025
£
£
-
1,964
-
-
-
5,182
115
385,223
-
(37,174)
115
355,194

Page 14

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2025

13 Funds (cont.)

In the previous year the movements in the charity's funds were as follows:

General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Sri Lanka - Back to the Bible
B Japan
India - Back to the Bible
Aggregate of funds		 Opening
balance
2024
£
576,975
576,975
25
50
40
115
577,090		 Incoming
resources
2024
£
67,702
67,702
-
-
-
-
67,702		 Outgoing
resources
2024
£
(181,637)
(181,637)
-

-
-
-

(181,637)		 Transfers
in the year
2024
£
-
-
-
-
-
-
-		 Closing
balance
2024
£
463,040
463,040
25
50
40
115
463,155

Analysis of net assets by fund

In the previous year, the assets and liabilities of the various funds were as follows:

Tangible fixed assets
Debtors
Cash at bank and in hand
Creditors falling due within one year		 General
Designated
Restricted
funds
funds
funds
£
£
£
599
-
-
8,006
-
-
484,404
-
115
(29,970)
-
-
463,040
-
115
Unrestricted Funds		 2024
£
599
8,006
484,519
(29,970)
463,155

Restricted funds all relate to funds donated for the provision of services in other countries and are restricted for use in these geographical areas.

14 Operating lease commitments

The charity has a licence to occupy for its office building which while not an operating lease does meet the requirements to disclose under FRS102 section 20. The minimum amount payable (until the next break clause and ignoring the potential effect of future rent reviews) in respect of this agreement is as follows:

reviews) in respect of this agreement is as follows:
Within one year
Between one and five years
After five years
Payments falling due:		 2025
£
5,887
-
-
5,887		 2024
£
4,967
-
-
4,967

During the year the charity was charged £19,869 for its licence to occupy.

Page 15

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2025

15 Transactions with related parties

During the year the charity:

Except as disclosed in note 7 'Analysis of staff costs', there have been no other transactions with related parties during the year.

16 Members

Each member of the company commits to contribute if the charity is wound up an amount of £1.

Page 16

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 30 JUNE 2025

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Investments
5
Total income and endowments
EXPENDITURE ON:
Charitable activities:
6
Total Expenditure
Net income/(expenditure)
Transfers between funds
13
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
13		 General
Designated
2025
2025
£
£
63,482
-
542
-
4,809
-
68,832
-
176,793
-
176,793
-
(107,961)
-
-
-
(107,961)
-
463,040
-
355,079
-
Unrestricted funds		 Restricted
2025
£
-
-
-
-
-
-
-
-
-
115
115		 Total
2025
£
63,482
542
4,809
68,832
176,793
176,793
(107,961)
-
(107,961)
463,155
355,194		 General
Designated
2024
2024
£
£
63,228
-
490
-
3,984
-
67,702
-
181,637
-
181,637
-
(113,935)
-
-
-
(113,935)
-
576,975
-
463,040
-
Unrestricted funds		 Restricted
2024
£
-
-
-
-
-
-
-
-
-
115
115		 Total
2024
£
63,228
490
3,984
67,702
181,637
181,637
(113,935)
-
(113,935)
577,090
463,155

Page 17

Good News Broadcasting Association (Great Britain) Limited

Report and Accounts Year ended 30 June 2025

1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD

COMPANY INFORMATION

FOR THE YEAR ENDED 30 JUNE 2025

Trustees Neville Samuel Patterson
Katherine Elizabeth Naish
Helen Faraday
Wayne Arthur Clarke
Thomas Murdock Ward
Paul Sanders
Simon Leighton
Key Staff Thomas Murdock Ward
Governing Document Memorandum and Articles of Association dated 28
July 1976, amended 8 October 2011.
Company Registration Number 01270665
Charity Registration Number 275115
Principal Address & Registered Office Building 1 - Suite 4A
Office 5 Wilsons Park
Monsall Road
Manchester
M40 8WN
Independent Examiner Sarah Crispin ACA
Stewardship
1 Lamb's Passage
London
EC1Y 8AB
Contents Page
Company Information 1
Trustees' Annual Report 2-6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Accounts 10-16
Detailed Statement of Financial Activities with Comparatives 17

Page 1

Report of the Trustees

for the Year Ended 30 June 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2025.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objectives per the governing document of the charity is:- To stimulate and promote the advancement of the Christian faith in all parts of the world by means of radio, satellite or Internet broadcasting and, by such other means, being exclusively charitable in its objects as the Association shall determine in harmony with its Statement of Faith.

The principal activity of the company continued to teach the Bible through audio media. The aims and differences that the charity seeks to make include:- Through clear Bible teaching, promoting the Christian faith, encouraging Christians to be active in service of the Church and their local community, and encouraging non-Christians to accept the offer of salvation through faith in Jesus Christ;- Meeting the social and emotional needs of listeners. This is achieved through dealing with emotive concern, including stress, worry, loneliness, insecurity, grief and guilt; and- Following up on those who respond to the charity's outreach, providing an advisory service which helps to sustain and strengthen the weak by phone, letter or email.

The main objectives for the year were to continue to encourage and equip Christians with good bible teaching, expand our broadcasting opportunities in the UK and Africa and to introduce more people to the charity and thus increase our listenership and also increase donations. We also wanted to raise the financial giving of our supporters through regular donations and legacies.

The core strategies to achieve these objectives include:

When reviewing the aims and objectives of the charity, and in planning future activities, the trustees have complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Commission.

OBJECTIVES AND ACTIVITIES

During the year, the charity ran the following activities:

Page 2

Broadcasting activities

RADIO:

Word Alive continues to be our most widely distributed programme with the most airtime around the UK and the world. It continues to be aired on Premier Christian Radio, TWR-UK and a range of local, national and international stations (Particularly in the southern regions of Africa) as well as via Internet outlets.-

Bible Focus is our 10-minute week-day teaching programme. It features a number of different speakers. It is widely distributed across the UK on Christian radio stations and a few stations in Africa.

The Bible Overbrew started life as one of our podcasts but is being edited to be aired as a radio programme in 2026.

PODCASTS:

Streams on streaming platforms like Netflix, Amazon Prime and Disney +.

We continue to make the year of The Bible Overbrew available as a weekly podcast.

Sermonise is a podcast aimed at encouraging preachers in learning how to preach the Bible effectively. It is realised much less frequently than in the past due to interviews drying up.

Internet activities: Our YouTube page is regularly updated with the audio podcasts mentioned above. It also has a lot of videos from recently years. We hope to produce more videos in the future.

The GNBA website has all the content we produce. We update the website with new programmes or podcasts almost every day.

Other activities

Africa

The charity continues to broadcast Word Alive through TWR in the southern regions of Africa by satellite. We also broadcast on TWR Malawi by FM and a number of stations in Western Africa.

Poland

which we have been involved with for over 50 years. They do great work in radio, TV and visiting prisons and schools.

Prayer meeting

We encourage everyone who supports the charity to join us for an update on the ministry and to pray for our work. It is held on zoom 3 times a year.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

Charitable activities performance achieved against objectives set

Page 3

This year we continued to distribute our newsletter, Sounding Out electronically through email. We do still provide a paper copy for those on the mailing list who don't have access to the internet. We send it out three times a year.

contact with them to thank you for their support.

General giving is still below our outgoing costs but due to previous legacies the charity is in a healthy place financially.

Broadcasting in Africa continues to be one of our core objectives and an aspect of our work that many of our financial supporters are very interested in.

The GNBA website (www.gnba.net) continues to bring in visitors from many parts of the world but predominately the UK and the USA.

We send our regular emails called 'E-News' to let supporters know about programmes and the latest developments with the charity.

Financial Performance Against Budgets

Costs, including staff, are kept to the minimum required for the maintenance of a good, reliable service to stations and their audiences.

FINANCIAL REVIEW

£113,935 deficit). Principal funding sources included donors, churches, Christian trusts and bequests. During the previous year, the charity recognised legacies totalling £11,228, but there were none in current year.

The unrestricted fund at the year end is £355,079 (2024: £463,040), the restricted funds at the year-end were £115 (2024: £115), with the overall reserves totalling £355,194 (2024: £463,155)

The funds held on deposit are required for day-to-day operational costs and provide a cushion against the shortfalls normally experienced.

A range of emergency measures could be taken without serious impact on the work of the charity within the UK, should reserves fall below an acceptable level. The charity has been in receipt of differing levels of legacies over recent years, a source of income that is- by its naturevery unpredictable. For this reason, the trustees feel that it is necessary to hold a high level of reserves in order to manage the charity's finances effectively.

Reserves policy

The board recognise that the minimum level of reserves is £50,000, representing c3 months of running costs.

At present, the charity's cash reserves amount to £385,223 (2024: £484,519). This represents just over 7 times the minimum reserve policy requirement. There are no new regular income streams in the year and whilst the board continue to look to cut costs in order to maintain sufficient funds in order to continue operations long term, a larges reserve allows some security in the mid term for the charity.

Page 4

FUTURE PLANS

With good reserves in the bank the board believe it is right to continue to seek new broadcasting opportunities around the world and to invest in new radio programmes, podcasts, videos, advertising and conferences. But in light of the annual deficit we will seek to cut back if there can be savings made. In the last year we have moved to a much smaller office to save money.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Governed by the Memorandum and Articles of Association of the company, dated 28 July 1976, amended and updated by special resolution on 8 October 2011.

Recruitment and appointment of new trustees

identified as potential trustees. They are invited to a board meeting on a 'no commitment either side' basis. The next stage is an invitation to join the board. A wide range of skills are accessible by the charity through its trustees whose ranks include solicitors, businessmen, consultants and accountants.

All directors of the company are also trustees of the charity. The trustees who served during the period under review and to date are set out on the Company Information page.

The charity is organised so that trustees meet regularly to manage its affairs and is grateful to its associates and volunteers for the skills and support that they so willingly bring. All trustees give their time voluntarily. Any expenses claimed by trustees from the charity are set out in note 9 of the accounts.

Organisational structure

Tom Ward works as the full time Director of the ministry.

We employ 3 other staff; a full time producer/presenter, a part time role covering administration and graphic design, and a part time finance administrator.

Responsibilities of trustees under company law

statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:

  1. select suitable accounting policies and apply them consistently;

Page 5

  1. observe the methods and principles in the Charities SORP;

  2. make judgments and estimates that are reasonable and prudent;

  3. state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

  4. presume that the charity will continue in operation.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approval

This report, which has been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies, was approved by the trustees and signed on their behalf by:

Neville Patterson

Neville Patterson (Jan 15, 2026 17:18:19 GMT)

Neville Patterson

Date: Jan 15, 2026

Page 6

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2025 on pages 8 to 17 following, which have been prepared on the basis of the accounting policies set out on pages 10 to 11.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Sarah Crispin

Sarah Crispin (Feb 3, 2026 09:59:25 GMT)

Sarah Crispin ACA Institute of Chartered Accountants in England and Wales Stewardship 1 Lamb's Passage London EC1Y 8AB

Date: Feb 3, 2026

Page 7

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 30 JUNE 2025

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Investments
5
Total income and endowments
EXPENDITURE ON:
Charitable activities
6
Total expenditure
Net income/(expenditure)
Transfers between funds
13
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
13		 Unrestricted
Funds
£
63,482
542
4,809
68,832
176,793
176,793
(107,961)
-
(107,961)
463,040
355,079		 Restricted
Funds
£
-
-
-
-
-
-
-
-
-
115
115		 Total
Total
Funds
Funds
2025
2024
£
£
63,482
63,228
542
490
4,809
3,984
68,832
67,702
176,793
181,637
176,793
181,637
(107,961)
(113,935)
-

-
(107,961)
(113,935)
463,155
577,090
355,194
463,155

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.

The notes on page 10-16 form part of these accounts.

Page 8

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD

BALANCE SHEET

AS AT 30 JUNE 2025

Note
FIXED ASSETS
Tangible assets
8
CURRENT ASSETS
Debtors
9
Cash at bank and in hand
10
CREDITORS: Amounts falling
due within one year
11
Net current assets / (liabilities)
Total assets less current liabilities
TOTAL NET ASSETS
FUND BALANCES
13
Unrestricted Funds
General funds
Restricted Funds		 Unrestricted
Funds
£
1,964
1,964
5,182
385,108
390,289
(37,174)
353,115
355,079
355,079
355,079
355,079
-
355,079		 Restricted
Funds
£
-
-
-
115
115
-
115
115
115
-
-
115
115		 Total
Funds
2025
£
1,964
1,964
5,182
385,223
390,404
(37,174)
353,230
355,194
355,194
355,079
355,079
115
355,194		 Total
Funds
2024
£
599
599
8,006
484,519
492,525
(29,970)
462,555
463,155
463,155
463,040
463,040
115
463,155

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.

The directors (who are the charitable company's trustees for the purposes of charity law) acknowledge their responsibilities for:

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors and were signed on its behalf by:

Neville Patterson

Neville Patterson (Jan 15, 2026 17:18:19 GMT) --------------------------------------Neville Patterson

Jan 15, 2026 Date: _______ Company number: 01270665 Charity number: 275115

The notes on page 10-16 form part of these accounts.

Page 9

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2025

1 Statutory Information

The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention.

These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The principles adopted in the preparation of the financial statements are set out below.

Income from donations and legacies includes:

Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from conferences and the sale of literature.

Investment income represents income generated by the charity's assets and includes income from bank interest.

The cost of raising funds is not significant and has not been separately disclosed.

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

Page 10

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2025

2 Accounting Policies (cont.)

e) Tangible fixed assets

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £500 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:

Fixtures, Fitting & Equipment

over 4 years

The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.

f) Pension scheme arrangements

The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.

g) Taxation

The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

h) Exemption from preparing a cashflow statement

The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.

i) Critical accounting estimates and areas of judgement The trustees do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period.

3 Donations and legacies

Donations of cash and similar
Legacies receivable
Gift aid recoverable
4
Income from charitable activities
Conference income
5
Investment income
Bank interest		 2025
£
50,356
-
13,125
63,482
2025
£
542
542
2025
£
4,809
4,809		 2024
£
48,302
11,228
3,697
63,228
2024
£
490
490
2024
£
3,984
3,984

Page 11

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2025

6 Charitable expenditure

6
Charitable expenditure
a
Costs incurred directly on specific activities
Salaries, travel and expenses
Radio time purchased
Programme production
Rent and rates
Telephone and utilities
Promotional costs
Premises maintenance & equipment
Conference costs
b
Costs incurred on support & administration
Governance costs
Independent examiner's fee
Office supplies & costs
Legal & professional fees
Bank charges
Depreciation of tangible fixed assets
Insurance
Total expenditure		 2025
£
108,010
25,510
6,032
21,219
4,481
2,863
535
732
169,383
1,560
1,560
3,853
374
418
607
599
7,410
176,793		 2024
£
85,676
31,118
15,890
24,445
9,301
4,000
1,886
320
172,636
4,314
4,314
2,934
361
831
200
361
9,001
181,637

7 Analysis of staff costs, the cost of key management personnel and trustee remuneration

The average monthly number of employees during the year was 4 (2024: 4).

No staff received salaries at a rate of more than £60,000 per annum.

The charity's key management comprise the trustees and the key staff named on the Company Information page. Total employment benefits payable to key management for the year were as follows:

Other Employer
Wages & employment pension 2025
salaries benefits contributions £
Trustees:
Thomas Ward 44,305 - 3,544 47,849
following amounts were payable in the previous year:
Other Employer
Wages & employment pension 2024
salaries benefits contributions £
Trustees:
Thomas Ward 39,772 - 3,400 43,172

The following amounts were payable in the previous year:

Thomas Ward was employed as Director of the charity and received the above payments for work done in that capacity, not for serving as a trustee; these payments are permitted by the charity's governing document.

Page 12

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2025

8 Tangible fixed assets

Cost
At 1 July 2024
Additions
At 30 June 2025
Accumulated depreciation
At 1 July 2024
Charge for the year
At 30 June 2025
Net book value
At 30 June 2025
At 30 June 2024
9
Debtors
Falling due within one year:
Gift aid recoverable
Prepayments and accrued income
10
Cash at Bank and in Hand
Cash at bank with immediate access
Notice deposits (with a term of three months or less)
Petty cash
11
Creditors: liabilities falling due within one year
Trade creditors
Other creditors
Accruals
Pension contributions		 Fixtures,
fittings and
equipment
£
799
1,972
2,771
200
607
807
1,964
599
2025
£
3,233
1,949
5,182
2025
£
305,084
80,000
139
385,223
2025
£
1,670
33,304
1,560
640
37,174		 Total
2025
£
799
1,972
2,771
200
607
807
1,964
599
2024
£
3,697
4,309
8,006
2024
£
483,286
-
1,234
484,519
2024
£
2,863
22,045
4,362
699
29,970

Page 13

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2025

12 Pension commitments

During the year employer’s pension contributions totalling £7,492 (2024: £6,872) were payable to defined contribution personal pension schemes.

13 Funds

During the year the movements in the charity's funds were as follows:

General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Sri Lanka - Back to the Bible
B Japan
India - Back to the Bible
Aggregate of funds		 Opening
balance
2025
£
463,040
463,040
25
50
40
115
463,155		 Incoming
resources
2025
£
68,832
68,832
-
-
-
-
68,832		 Outgoing
resources
2025
£
(176,793)
(176,793)
-

-
-
-

(176,793)		 Transfers
in the year
2025
£
-
-
-
-
-
-
-		 Closing
balance
2025
£
355,079
355,079
25
50
40
115
355,194

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

Tangible fixed assets
Stock
Debtors
Cash at bank and in hand
Creditors falling due within one year		 General
Designated
funds
funds
£
£
1,964
-
-
-
5,182
-
385,108
-
(37,174)
-
355,079
-
Unrestricted Funds		 Restricted
funds
2025
£
£
-
1,964
-
-
-
5,182
115
385,223
-
(37,174)
115
355,194

Page 14

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2025

13 Funds (cont.)

In the previous year the movements in the charity's funds were as follows:

General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Sri Lanka - Back to the Bible
B Japan
India - Back to the Bible
Aggregate of funds		 Opening
balance
2024
£
576,975
576,975
25
50
40
115
577,090		 Incoming
resources
2024
£
67,702
67,702
-
-
-
-
67,702		 Outgoing
resources
2024
£
(181,637)
(181,637)
-

-
-
-

(181,637)		 Transfers
in the year
2024
£
-
-
-
-
-
-
-		 Closing
balance
2024
£
463,040
463,040
25
50
40
115
463,155

Analysis of net assets by fund

In the previous year, the assets and liabilities of the various funds were as follows:

Tangible fixed assets
Debtors
Cash at bank and in hand
Creditors falling due within one year		 General
Designated
Restricted
funds
funds
funds
£
£
£
599
-
-
8,006
-
-
484,404
-
115
(29,970)
-
-
463,040
-
115
Unrestricted Funds		 2024
£
599
8,006
484,519
(29,970)
463,155

Restricted funds all relate to funds donated for the provision of services in other countries and are restricted for use in these geographical areas.

14 Operating lease commitments

The charity has a licence to occupy for its office building which while not an operating lease does meet the requirements to disclose under FRS102 section 20. The minimum amount payable (until the next break clause and ignoring the potential effect of future rent reviews) in respect of this agreement is as follows:

reviews) in respect of this agreement is as follows:
Within one year
Between one and five years
After five years
Payments falling due:		 2025
£
5,887
-
-
5,887		 2024
£
4,967
-
-
4,967

During the year the charity was charged £19,869 for its licence to occupy.

Page 15

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2025

15 Transactions with related parties

During the year the charity:

Except as disclosed in note 7 'Analysis of staff costs', there have been no other transactions with related parties during the year.

16 Members

Each member of the company commits to contribute if the charity is wound up an amount of £1.

Page 16

GOOD NEWS BROADCASTING ASSOCIATION (GREAT BRITAIN) LTD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 30 JUNE 2025

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Investments
5
Total income and endowments
EXPENDITURE ON:
Charitable activities:
6
Total Expenditure
Net income/(expenditure)
Transfers between funds
13
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
13		 General
Designated
2025
2025
£
£
63,482
-
542
-
4,809
-
68,832
-
176,793
-
176,793
-
(107,961)
-
-
-
(107,961)
-
463,040
-
355,079
-
Unrestricted funds		 Restricted
2025
£
-
-
-
-
-
-
-
-
-
115
115		 Total
2025
£
63,482
542
4,809
68,832
176,793
176,793
(107,961)
-
(107,961)
463,155
355,194		 General
Designated
2024
2024
£
£
63,228
-
490
-
3,984
-
67,702
-
181,637
-
181,637
-
(113,935)
-
-
-
(113,935)
-
576,975
-
463,040
-
Unrestricted funds		 Restricted
2024
£
-
-
-
-
-
-
-
-
-
115
115		 Total
2024
£
63,228
490
3,984
67,702
181,637
181,637
(113,935)
-
(113,935)
577,090
463,155

Page 17

Wilson Hou￿. Wilsoni PArk. Monsall Road. Manchetter M40 8WN l •. rfO@￿t￿.￿t t.017n817138 BROA DCAS TING Stewardship l Lamb's Passage London ECIY 8AB Dear Sirs Re. Good News Broadca5tlng Ltd {7he Char5t￿l CONFIRMATION OF REPRESENTATIONS- Independent Examination We confim to the best of our knowledge and belief. and having made appropriate enquiries of other directors and officials of the charity, the following representations given to you in connection with your examination of the charltys financial statements for the year ended 30 June 2025. l. General We acknowledge as dirertors our responsibility under the Companies Act 2(K)6 for preparing financial statements which give a true and fair view and for making accurate representations to you, as set out in the terms of the engagement letter. All the accounting records, including for each branchlsubgroup of the charity, have been made avoilable to you for the purpose of your examination and all the transactions undertaken by the charity have been properly reflerted and recorded in the accounting records. All cash received during the year has been clearly accounted for. and has either been banked or spent as recorded in the expenditure records. bar the year-end cash balance of £139. All other records and ￿lated Information, including minutes of trustees.. members, and management meetin85, have been made available to you. The trustees have discussed and properly decided upon all matters, whlch require their approval. We understand that you have undertaken an independent examinatlon, rather than an audit. and that consequently no 'true and fairf opinion has been provided by you on the financial statements. The charity Is not required to have an audlt, according to either the terms of the 8overnln8 document. or any stlpulation made by a donor or another party. Although the charity's governing document refers to an 'audiV, we confirm that this is simply a requirement for external scrutiny which 15 fulfilled by th5s Independent examination. teachi￿ Uwough media *7Epyknd (No 2751151 thrtedty gtswontee 12?00651

wil￿￿￿ Plrk. Montsn R¢Xd. M%rKheKw M •VN l e. *ba.M¢ Olm817138 ROADCAS TING 2. Flnandal 5tatemÈnts We have revlewed the flnanclal statements which have been prepared, and are satisfFed that ary amendments SU88ested bv vou. which have been made to the financial statements and the trustee5' report. a￿ accurate and appropriate. 3. Assets and liabilities All assets included in the balance sheet were in existence and owned by the charty at the balance sheet date and free from any mortgage or charge. The balance sheet includes all tangible assets (property, vehicles, and equipmentl- investments,. and debts due to the charity and by the charity to others. The details of all bank accounts owned by the charity have been provided to you, whether managed by the main finance team or by others. and there are no groups or activities legally part of the charity which are not included. All assets sold or scrapped have been duly eliminated and the proceeds accounted for. Permanent diminution in the value of assets has been reflerted in its carrying value in the financial statements. At the balance sheet date there were no material commitments for grants to be paid, for the purchase of propertylequipment or long-term contracts for goods/seTvices. There was no commitment to the payment of rent beyond 30 June 2025. Ail known liabilities of the charity are included in the financial statements. In particular- No amounts received from donors were received as loans rather than gifts. There are no known liabilities to PAYE/NIC arisin8 from the staff arrangements. The pension arrangements for the staff are based on 'defined contribution, schemes and there are no commitments, legal or moral, which may require significant additional ontributions. rf(Nty. 375115} IryRuoffQffltt INO. 12706651.

Wilions Ht)UV, Wilioni Pat M<miall R￿d. I017n817138 W. 8mbg.rnt ROA DCA S TING 4. Grants and donatlons No grants, donatlons or other income which were 5LJbject to specific terms and conditions were received, and no restricted income ha5 therefore been recognised. There was no expenditure whlch met the restrictlons of the brought forward restricted fund balances during the current financial year as is shown in ihe restricted funds Note 13 in the accounts leaving unused balances of restricted funds of £115 at the year-end. The charity has complied with all aspects of agreements and donor restrlctions that would have a material effect on the financial statements in the event of non-compliance. In particular.. there has been no use of gifts made for specific purposes other than as specified by the donor. all conditions of the donors for use of the funds had been met by the 30 June 2026. 5. Going concern We believe that the charit¢s financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be adequate for the chariVs need and with sufficient confidence such that there is no requirement to detail material uncertaintles in this respect in the accounts. We have assessed the future funding needs and the budget for the 2025126 period and have no rea50n to believe that the income leve15 shown/anticipated will not be met. The expenditure levels shown in the budgets are prepared prudently and there is flexibility in core costs to enable temporary fluctuations in funding to be catered for. In the light of those budget expectations, and considering the current level of reserves, the charity will have sufficient rese￿e5 to be able to continue operations for at least the next 12 months from the date of this letter. teachi￿ Uwough media 8¢othltcJtrryAsswaiJon (Gieot LtdK tt Try￿ltIed¢tstyffY &ytané IN• 2151151 fynrfed INC 12706651.

Wil4on* ￿tk. Moni811 R¢xd. Mancherter M40 MN t.01in817138 B R OA D CA S TI N G Laws and ￿gUlatIonS We are not aware of any Irregularitles, Includlng fraud, Involving managemenl or employees ol the charity,. nor are we aware ol any breaches or possible breaches of statute, regulations, contracts, agreements or the company's Memorandum and Arlicles of Association which might prejudice the charity's 80ing concern status or that might result in the charity Suffering significant penalties or other loss. No allegations of such Irregularities, including fraud, or such breaches have come to Our notice. 7. Transactions and arran8ements with officers The charity has not had nor entered into at any time during the year, any arrangement, transaction or agreement to provide credit facilities (including loans, quasi-loans or credit transactions) for directors, shadow directors or their connected persons nor to guarantee or provide security for such matters. No officers other than directors had any indebtedness to the charity under loans. qua5i-loan5 or credit transactions at the balance sheet date. No director had a dirert or indirect material interest in any other transaction or arrangement wlth the charity. Any remuneration, salary or payment for seNices, gift or other payment made to any director. family member or business of a director. has been fully and accurately disclosed in the financial statements,. along with the name of the individual director(51 concerned, the relevant amountlsl. and the legal authority for making such. We confirm that we believe the governing document legally supports these payments. Expense5 paid to directors are as disclosed in the financial statements and do not include any "profiv, element. 8. Transartions with related parties The charity has not had, or entered into, at any time during the year material transactions with other charities over which influence is exerted by directorsl5enior staff or other companieslbusinesses related parties whether or not the outcome has been to influence the presentation of transactions. hi Eryknj (No 2751151 lffltsd (No 1270005).

Thomas Ward (Feb 2, 2026 11:03:06 GMT)
Thomas Ward		 Thomas Ward
Helen Faraday (Feb 2, 2026 19:32:28 GMT)
Helen Faraday		 Helen Faraday

15 January 2026

GNBA Letter of respresentation

Final Audit Report

2026-02-02

Created: 2026-02-02 By: Sarah Crispin (sarah.crispin@stewardship.org.uk) Status: Signed Transaction ID: CBJCHBCAABAAaq0-0iretXm8fXOSv79Gx-nSCFIEBSCv

"GNBA Letter of respresentation" History

Document created by Sarah Crispin (sarah.crispin@stewardship.org.uk) 2026-02-02 - 10:52:18 GMT

Document emailed to Helen Faraday (helen.c.faraday@gmail.com) for signature 2026-02-02 - 10:53:11 GMT

Document emailed to tom@gnba.net for signature

2026-02-02 - 10:53:11 GMT

Email viewed by tom@gnba.net

2026-02-02 - 11:02:03 GMT

Signer tom@gnba.net entered name at signing as Thomas Ward 2026-02-02 - 11:03:04 GMT

Document e-signed by Thomas Ward (tom@gnba.net) Signature Date: 2026-02-02 - 11:03:06 GMT - Time Source: server

Email viewed by Helen Faraday (helen.c.faraday@gmail.com) 2026-02-02 - 19:31:34 GMT

Document e-signed by Helen Faraday (helen.c.faraday@gmail.com) Signature Date: 2026-02-02 - 19:32:28 GMT - Time Source: server

Agreement completed.

2026-02-02 - 19:32:28 GMT