## 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:
- Making radio programmes that are relevant, accessible, enjoyable but also in line with our evangelical Christian convictions.
- Contacting stations around the globe but particularly in the UK and Africa to offer our programmes.
- Networking with others Christian charities and ministries to consider partnerships or simple increasing knowledge about who we are and what we do
- Increased presence at Christian conferences
- Using online and print advertising through Christian magazines and websites
- Continuing to develop our online presence through exclusive content on our website and increased interactions on social media.
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
2. observe the methods and principles in the Charities SORP;
3. make judgments and estimates that are reasonable and prudent;
4. state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
5. 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:
- (a) ensuring that the charitable company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its net income or expenditure for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
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.
- a) Going concern The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
- b) Income Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.
Income from donations and legacies includes:
- i) Recoverable gift aid. This is recognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a debtor.
- ii) Legacies. Income from legacies is recognised when a distribution is received from the estate or, if earlier, when the charity has been notified that a distribution will be made and the amount receivable can be measured reliably.
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.
- c) Expenditure Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.
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.
- d) Fund accounting General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
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:
- a) received donations totalling £1,764 from related parties (which includes trustees, any other members of key management and anyone closely connected to them).
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:
- Making radio programmes that are relevant, accessible, enjoyable but also in line with our evangelical Christian convictions.
- Contacting stations around the globe but particularly in the UK and Africa to offer our programmes.
- Networking with others Christian charities and ministries to consider partnerships or simple increasing knowledge about who we are and what we do
- Increased presence at Christian conferences
- Using online and print advertising through Christian magazines and websites
- Continuing to develop our online presence through exclusive content on our website and increased interactions on social media.
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
2. observe the methods and principles in the Charities SORP;
3. make judgments and estimates that are reasonable and prudent;
4. state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
5. 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:
- (a) ensuring that the charitable company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its net income or expenditure for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
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.
- a) Going concern The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
- b) Income Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.
Income from donations and legacies includes:
- i) Recoverable gift aid. This is recognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a debtor.
- ii) Legacies. Income from legacies is recognised when a distribution is received from the estate or, if earlier, when the charity has been notified that a distribution will be made and the amount receivable can be measured reliably.
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.
- c) Expenditure Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.
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.
- d) Fund accounting General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
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:
- a) received donations totalling £1,764 from related parties (which includes trustees, any other members of key management and anyone closely connected to them).
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 Char5tl
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
MThomas 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