CHRISTIAN TELEVISION ASSOCIATION FINANCIAL STATII MEI NTS 31 DECEI MBER 2024 Registered numbei.: 280329
CHRISTIAN TELII VJSION ASSOCIATION PAGE I CHARITY INFORMATION roR THE YEAR INDIID 31 DCCL4 MBCR 2024 Trustees Mi¢hael Hencliei. David Gee lan Stacey JaiDes Ciawfoi'd Teifei. Regi$¢ei'¢d Office 40 Woodboi'ough Road Winscombe Sotn¢iset BS25 IAG Reporting Aceountants Bi'ooking Ruse & Co Liiniled Chartei'ed Accountants & Independent ExaiMinei's 2 Slaffoi.d Place Weston super Mai'e Soinei'sel B523 2QZ Baiikei's Lloyds Baiik PIC 16 The Triangle Clevedon North Soinerset BS216NG Registered number 280329
CHRISTIAN TELEVISION ASSOCIATION Ti'iislees, Aiiiiual Repoi't The Board of Chi'istian Television Association has pleasui'e in pi'csenliiig Ih¢ii' annual i'epDrt and financial stateinents foi. the yeai. ended 31 Decembei. 2024. Ti'ustecs %YlJo served dut'ing the yeai. Michael 14eiichei' David Gee (Challlan) lan Stacey Jaines Ciawford T¢lfer Sciiior stAff meinbei. MalLolin Tui'iier Status The cliarity is govei'iied by a constitution adopted on 6 October 1980, as amended. Objectives The objective ofthe chai'ity is the advanceinent of the Chi'istian i'eligion in accoi'dance with the ailicles of faith, in pai'ticular tlii'ough the Inediuiii of audio-yisual InÈaiJs. Piiblic bcnefit The Ti'ustccs confii'm that they have coiiiplied with theii. duty und¢i' s¢¢lioo 4 (kf the Charities Act 2011 lo have due i'egai'd to the Charity Coininission's genei'al guidance to chai'itie6 on public beiiefil. Oi'gaiiis?¢ lion Ovei'all responsibility for the adinii)ists?lion of funds and distribution thereof lies with the Boaid. Cei'lain responsibilities are delegated to a Inaiiagement coininittec ¢oinprising the chaii'inaii, tlie treasuiri., executive directoi. and programme diie¢toi'. The ITUSt¢eS Illust accept, in writing. the articles of faith. New Irugtees al'e app(iinted by a Inajority of exi51ing Boai.d In¢Tnbets. Rislc Management The trustees have identified and reviewed the Inajoi. I'isks to which the charity is eKpos¢d and confirin that they have established Systems oi. proceduiEs lo Inanage and tnitigale those I'i5ks. Aiiniial Review of Pyogress aiid Acliievemeiit The yeai. gol oli to a gitat stall with I'eLognition at the Intei'national Chi'istian Visual Media Lrown Awatxls in Nashville, USA, oui. production"Discovei'ing- Who is thi5 Je5us?51 Ivinning Ihc Gold Award foi. Best Television Pi'odiietioii at)d Bronze for Be91 Doeumentai'y over $50,000. The event was held at the National Religiou5 BIDadca51eis coiivenlion, attended by over 5,000 delegates in¢liidiiiB b1.oadtel and producei'g fi'om around the woi'ld. An ongoing publicity caiiip&ign continued including adveitiseniEnts tsn London Undergi'ound tub¢ trains. Dui'iiig the year ovei. 17,000 bookleis with the DVD was disli'ibuted by the publishei fen of Those" Oui. production on the life of Geoi'ge Wliitefield was I'cleascd during the yeai. witlTr a launch event held at St Micheal's Coininuiiity Centre, Stoke Gifford, Bristol. Distribution was taken up around the world inLluding Ausli'alia, USA, Taiwan and acros5 Eui'ope. 'Sifting the Evidence" I'eleased now foi. two year5, conliniies lo be well viewed with &pproaching 5 iiiillion views oil Yoii rube alone, &s w¢ll as otlier platfoi'nis. Kingsway publisl)ed a sludy guide to acconipany a veiEion divided in 6 pai'ls foi. sinall giDup or individiial study. With the change iii viewing habit8 and technoloEY* we decided to re.design the CTA website lo inake available all ouy progi'amines fl'ee to view and free of ads. This went live at the end of the ye&i'. Oiir majoi. pibject foi. the year was a foui'_pai't documentai'y sei'ies entitled 'DisGovei'ing the Bible" Filming took place aiDiind Il)e UIC &s well as in Coi'inth and Rome. Mojr filming will take place in 2025 with coinpletion scheduled foi. the eiid of the suminei 25. Our prograinTttes al'e being I'eceived by wider audience now as nevei. befo. We air exclted tliat this includes oui. archive piDgi'ainmes, giving them a iTrew lease of life, as well a5 our new piDdiiGtion5 gaii)iiig disti'ibution and i'ecognition, Foi. wl)ich we ai'e thankful.
CHRISTIAN TELEVISION ASSOCIATION PAGE 3 Trustee5' Anniial Report Flnaneial iTvie Voliintaiy incoin¢ for tlie yeÉtr was £49,185 which was iiici'ea5ed on the pi'evious yeai.. This reflects donatiolls Lrceived and there was oiie laiger amount lolalling £25,000 in th¢ year under review. Activities foi. generkiting incoine have increased to £46,493 made up of £45,957 FIDM I'oyaliies, Yights aiid lic¢nces togBiheL Wltli £536 froin sales, services and libiEry. Incoming resources foi. tlIB yeai., thei'efore, tolalled £95,678 (2023.. £90,334). Resources expended incitased to £104,389 coinpared to £83.093 in Ilie prcvious year. This is mainly reflected wiiliin Ihe Lhai'ilable activities wheir pi'ogi'atntne pi'oduetion costs incipased by £19,186 to £87,644. The net oulgoing IEsoiirces Foi. the yeai. weir £8,711, this has I'esulted IR irserves of £29,665 al 31 Decembei. 2024. The Board aims to hold cash reserves equivalent to three inonihs expenditui'e. Ongoing chang¢s are beiag niade to deoit8se the chai'ities outgoing5 and in¢re8se itvenlie by Inean5 of a majoi. pi'oduclion IEIEHse. Stgtement of I'esponsibilities of the Bo8Td The ti'iistees aiE responsible foi. prepai'ing the Report of the Trustees and tlie finaiicial statemenls in accoi'danc¢ with applicable law and United KingdoiT] Accoui)ling slandai.ds (United Kii)gdoiii Gtnei'ally Accepted Accounting Practice). The law applicablc lo charitie5 in C11&14d and Wales, the Charities Act 2011, Chai'ity (Accounts and Repoitsl Regulations and the pi'ovisions of the Ii'u51 deed I'eqiiiits the ti'ustees lo pi'eiiaiE financial 51aleineiit& fui. eaLh financial year which give 2 ti'ue and fail. view of tlie slate of affaii's of tlie chai'ity and of the iiicoming resouir&5 and application of i'esoLi¥ces, including the incoIne and expenditure, of th¢ chai'ity foi. that pci'iod. In preparing those financial stateinenls, the li'uslees are itquiird lo.. select suitable accoiiiiling policies and then apply thein coiisislently. obscjyc tlic iiicthod5 aiid prinGipl¢s in th¢ Charity Inake judgeinents and cstiiiiate8 that ère ir&sonable and pi'udent. pi'epRLE the finaiicial slalciiienls on the going ooncei'n basis unless il is inappi'opriate to presiime that the chai'Ety will continue in business. The 'FI'ustees al'e IEsponsible foi. keeping proper RCCOllntiiig Ircol'ds which disclose with iEasonable accuL?cy at aiiy tiiiit the financial positioii of the chai'ity and lo eiiablE theni to ei)sui'e that the financial statemei)ts comply with the Charitie5 AGI 2011, Ilie Charity (Accounts and Reports) RegLilalions and the pi'ovisions of the Ti'usl Deed. 'I'hey al'e a150 responsible foi. safeguaixiing the assets of the chaj'ity aiid hence foi. taking irasonable steps foi. the piEvention and deteclioii of fTaud and othei. iiYegul&i'ilies. Declai'gtioii The Ii'uslees declai'e that they have appi'oved the ti'ustees i'eport above. Signed oli behalf of the chai'ity's Ti'ustees Signatui David Gee Chaimiaii of the Board of Trustee5
INDJ£PENDENT XALIIINEI R'S PORT TO THE TRu%fii Ei S OF CHRISTIAN TEI LEVISIOTrI ASSOCIA TION ieport to the ti'ustees on iny exatiiination of tlie accounts of Christian Television Association (the Charity) foi. the year lded 31 Deceinbei. 2024, which ai'8 set out on pages 5 to I l. Ilesponsibilities and busis of repoi't As the ohai'it}' ti'iislees you ale irsponsible foi. the prepai'ation or the awounts in accoi'dance witli the requirelentS of the Charities Act 2011{'the Acl,). I I'eporl in respect of iny exaniinatioii of the Ti'ustees, accounts cai'ried out nde1. s¢¢tion 145 of the 2011 Act and in carrying out my ex8ininalion I have followed all Éhe appli¢abl¢ Dii'ections given by tlic Chai'ity Coinmission under sectioii 145(51(b) of the 201 l Act. Independeiit examiner's statement I have coiiiplet£d my exaniinatioii. I confii'm that no Inaterial matteiE liave come to Iny attention in connection with tl)e exainination giving Ine cause to believe that in any niaterilll I'espect: (l ) accounting reGOI'ds were iiot kept in IEype¢t o( the Charity as requii'ed by section 130 of the Act; oi. (2) the accounts do not accord with those iecord8' 01- (3) the accounts do not coinply with tlie applicable i'equii'einents COttLei'nii)g the form and content of awounls set out in the Chai'ilies (Accounts and Repoi'tsl Regulations 2008 othei. tlian any I'equii'eii)ent tliat the accounts giv¢ a'li'ue and faij. view. which is not a Inatter considei'ed as pgit of an independent exainination. I have no coneei'ns and have come aci'oss no other matters in connection with the exainiiialion to which attentioii should be di'awii iii this report in oi'dei. to enable a proper undei'standing of the accounts to be IEached. Robert D Oi'r ACA Ftri. and on behalf of Bi'ooking Ruse & Co Liiniled Charl¥i-¥LI AbwuEit£Il> diid IiJdtrytriJd¢Iil EAuiiiiii¥i's 2 Staffoid Place Weslon-SUPEr-MRre Somei'set BS23 2QZ
CHRISTIAN T4 LEI VISION ASSOCIATION PAGE S STATEI MEI NT ofi filNANCIAL ACTIVITIES FOR TFlf YEAR Tr4DEI D 31 DECEI MBER 2024 Uni'esti'Èete(I funds 2023 Total fun(Is Note Total funds INCOMlhG Rfi..SOIIRCEIS lneol1Trg i-ebources froill genei'ating fun(Is roliinloi'y incoTne Activit185 lor genei'aling fiinds liicoming I'esourccs from charitable activitie8 Otlier intoming I'csoui'ces 49,185 46,493 49,185 46,493 45,139 45,195 Tolal incoming resoui'Les REI SOURCE< S CXPENDII D Costs of Eenei'oting funils Chgl'itzble activities 87,854 87,854 68,458 Govei'nance costs 16,535 16,535 14,635 Other i-esoui'ees expended Total resoiirces expended 104,389 104 389 Iyet incoiningloutgalng resour¢e5 befoi'e transfei's (8,711) (8,711) 7,241 Gl'oss ti'mnsfeis between funds Net ineotn1nOIltg0lng i-esoui'ees {8,711) 7,241 ReeuncilTation of fiiiids Total fuiids bi'ought forwaiyl 38,376 38,376 31,135 TotRI fuii(Ig eai'ried forward 29,665 38,376 The notes on pagES 7 10 1 I foi'm an iiitegi'al pRrt of these financial stateineiits.
CHRISTIAN TELfi VISION ASSOCIATION BALANCE SHEI 31 DECCI MBEI R 2024 2023 Total Fulld5 Note Total fuiids Tangibl¢ assets Ii)vtstllients 2,209 2,351 2,209 2,351 CURREI NT ASSETS Stocks Debtors Cash al baDk and in hand 1,995 2,049 1,182 30.884 36.653 39,463 LIABILITIES: Ci'editoiT- qmounts falliJJg diie within one ye81. 9,197 3,438 Net Current ass¢t$ 27,456 36,025 NET ASSCI TS 29,665 38,376 THE FUNDS OF THE CHARITY Unresti'icted income flind8 29.665 38.376 Total cl)#rily funils 29,665 38,376 Signed on behalf of tlie li'ustees: Ti'iistee The notes on pages 7 to I I foi'in an inteLJral pait of thes¢ financial 51alements.
CHRISTIAN TELCI VISION ASSOCIATJON PAGE 7 NOTF.S TO THE FINANCIAL STATEMEI NTS 31 DECfMBEI R 2024 ACCOUNTING POLICIEI S B85is of pi'epai'atio The financial slateinen15 have been pirpared in accoi.dance with the Slateinent of Recoinniended Pi'aolicc.. AGcountiRg and Keporting by Cliai'ities prci)ai'ing Iheii. Accounts in &CCOTdanLe with tlie Financial Repoi'ling Standai'd application in Ihc UIC and Republic of Iieland IFRS 102) issued on 16th July 2014, as ainended 2nd F¢bNary 2016. and the Financial Repoiling Slandai applicable in the Uiiited Kin2doni and Republic of Iveland (FRS 102) and tlie UIQ Genei'ally Accepted Accounting Pi'aelice as it applies froin 1st Januaiy 2015. TheiE at'e no matei'ial uncertaiiities regai.ding the Charity's ability to continue its activities foi. the foi'eseeable futuir. The Chai'ity meets the d¢finition of a public benefit ¢ntity undei, FRS 102. A58ets and liabilities al'e initially IfCDgniscd at histoiical c051 ortiansaction value unless oth¢rwi5e stated in the relevant accounting policy not¢s. Prep&ration of the accouIits on A going eoncern b85É5 The charity I'erM)rtcd reserves at the end of the Irporting peiiod of £29,665, ali iiicrease to the Irserves at the beuiinniiig of the p¢riDd. Tlic Trustees, having ¢oiisidered the iiifoi'ination above, have prepared the accoiints on a going concei'n basis. Incomin¥ rcsoui'ces Donations ai'¢ recognised in the Year in which the Cliai'ity is entitled to and certain of I'eceipt and the 8moullt can be inp.aqiiYpd wilh reasnnable certainty. Inoarne is only defeiyed when the chai'ity has to fulfil conditions befoTe beooniing entiiled to Lt oi. where the donoT has specified that the income is lo be exnded in the futui'e y¢ai'. Gift-Aid is add¥d io the value of the doiialion to which it i'elates. Donated 5ervic¢s are recognised as inconie and expenditure in the financial stateinents when oi'ganisations oi. individuals offer thcii. sti'viees and suppoi't pro bono. Tl)e valLie of tliese donated sei'vi¢es lo the Tivst 1% consideiEd lo be equal to tn2rket value whicli would be paid were the service foi'mally pi'ocured. This iiicliides sei'vice5 paid fo¥ by oth. Trtists. liivestmei)t inconi¢ is accounted for on a rceeivable basis. Rcsoiirces cxpended Bxpei)ditui'e is included oli an arualS basis. Liabilities al'e I'ecognised as soon &s IheiE is a legal oi. constructive obliuT81ion comiiiittin£ the cliarity to pay out resources. Chai'itable activities eoinpi'ise Iliose costs directly attribut1< ble to the fvlfiliiienl of tlie cliaritable objeets. Govei'uanee eosls Siippoi'l eosts have been allocated between governaiice costs and othei. SLlPPQI't costs. Gov8iiiance costs coiiiprise all costs involving the public accouiitability of the chiirity Glnd costs I'elated to statuloi'y irquireinents. Goveimancc aiid suppoi't costs are deem¢d to Irlate wholly lo the pi'iiicipal activily.
CHRISTIAN TEI LEVISION ASSOCIATION NOTIS TO THE FINANCIAL STATEI MEI NTS 31 DEI CEMBII R 21124 TaRgible Thxed Assets aiid Deprc¥i#tioti I'angible fix assets ai'estJted 3t cost less depiEciation. DepiEeialion iSPlK)vided at Lalculated to write off tlie cost. less estiinated regidual value, of each asset ovei. its expected us¢ful life as follows.. Equipment At 250/0 pei. annuin IEducing balance basi5 Taxatlon The ti'ust is a I'egisteitd charity and is not liable lo United Kingdom taxation oil Charitable activitie$, provided incoin¢ falls within the chai'itable ¢xemptlDns and is spent on el)aritable PUI'P05es. Funds The Genei'al Uni'esti'icted fund is free for the Ti'ustees to use foi. any purpose iii furthei'ance of the Ti'u51'5 chai'itable obj¢cls. AcfiviTIES FOR CCI Nli RATING FUNDS 2024 2023 Royalties, riglits and lieences Sales, s¢rviees and library 45,957 536 44,711 484 46,493 CHAIUTABLE ACTIVITIES 2024 2023 Plg1'al1llc pi'oduction costs Tape production costs 87,644 210 68,458 87,854
CHRISTIAN TELEI VKSKON ASSOCIATION NOTES TO THE FIIYANCIAL STATCMENTS 31 DEI CEMBfi R 2024 GOVEI RNANCE COSTS 2024 2023 Aecounlancy and independent exainiiiation Coinpuler ttxpeiises Depi'eGiation Advei'lising Pi'inling and stationeiy Salai'ies Telephone Ti'avel and subsistenc¢ Bank chaig¢s and interest Subs£i'iptions E,xehaiige rate diff¢iEnce Logs on dispDsal of fixed assets 3,144 2,990 735 103 582 4,257 417 3,967 300 3,003 2,799 783 307 410 4,360 633 1,820 485 40 35 14,635 TANGIBLE ASSETS Equipment Cost At l Jai)uary 2024 Additions DÈsposals 40,609 593 41,202 At 31 Dcccinber 2024 Depreciatio At l Januaiy 2024 CharRe foi. tl)e ye&1 Disposals 38,258 735 38.993 At 31 Deceinbei. 2024 Nct book Yallle At 31 Deceinber 2024 At 31 Decembei. 2023 2,351
CHRJSTIAN TELEI VISION ASSOCIATION PAGE 10 NOTCI S TO THE filNANCIALSTATEMENTS 31 DECEI MBER 2024 DEBTORS 2024 2023 Prepayineilts Ti'adc dchtoi Otliei. debtors 316 2,00 1,458 3,774 12 1,182 CRC4 DITORS. AMOUNTS f<ALLING DUE WITHIN ONE YEIAR 2024 2023 Ti'ade ci'editOl'S Acci'uals aiid defei'iEd incoine Loan5 payable Othei. Ci'editors Valiie added tax PAYE Hii'e purcknse creditoi. 296 1,875 427 1,965 4,459 1,515 518 740 504 336 9,197 3.438 EMPlnYEE COSTS 2024 2023 Gross salaiies Einployei's Nl 22,636 1,868 21,559 1,720 24,504 INDEPEI NDENT EIXAMINATION 2024 2023 Independent cxainination charges 715 715 10. TRUSTfCIS' REMUNEI RATION AND EXPEI NSES No Ti'iistee I'e¢eived aiiy Itinunei'ation oi. othei, beiiefits foi. sei'vices I'endei'ed in tliis yeai. or the pre¢edin& y¢ar ivith the exception of J C Telfer who invoicts the chai'ity foi. his filiniiTrg 5EI'vice al liourly 12le. Othei- expenses incui'i'ed weir reimbuiEed, if applicable, at cost with no benefit whatevei. ai'ising to the ircipient. ii. I MPLOY£I [IS AND VOLUNTEI Ei RS The t11 Iiad one employee in thi5 yeai. (one in 2023), Tlie tl'USt also relies on volunteei's lo cai'i'y out soine of the production work.
CHRISTIAN TKLEVISJON ASSOCIAT10Tr4 PAGE II NOTES TO THE FINANCIAL STATEI MEI NTS 31 DECEMBER 2024 12. RELATII D PARTY TRANSACTIONS During) the ye. the charity reeeived an aii)oiiiit of £4,032 (2023.. £6,530) from CEVMA, a non-profit Inaliing oiganisation which oi'ganises Chi'istian conferenc&% aixiund £Ulpe in oJxlEI' to shair ¢xpei'iBnces and encourage one anotlier in the iiiedia sectoi.. The eliai'ily holds a bank account for CBVMA and this yeai. organised the con*erence in England on theii. behalf. As such the money payable has been lyeated as a loan ill Ilie ac¢oiint5 and now lolals £4,459. CEVMA 18 an oi'ganisalion I'un by a gi'oup of iiidividuals which includes J C Telfei., a Ti'ustee, and M Tui'ner, senioi. staff Ineinber, orihe Clii'istian Television Oi'gaiiis&tioii,