CHRISTIAN SCIENCE FOU]%DATION FINANCIAL STATEMENTS FOR THL I'EAR F.￿'DED 30th SEPTEMHF.R 2023 Chatity Number 295685 CHRISTIAN SCIENCE FOllh'DATIO FOR THE I'EAR ENDED 30th SEPTEMBER 2023 C'ONTENTS PAEe Legal and administrative d¢lails Truslees, report Sialemenl ol. Trustees, responsibiliiies Siatemeni of financial activities Balance Sheel Notes 10 the financial statemenls xaminers Report CHRISTIAN SCIENCE FOUN'DATION FOR THE I'EAR ENDED 30th SEPTEMBER 2023 TRIISTEES Brenda Joan DI CORPO Peler HARRISON Valerie Joy MOR TIMER Appoinied 21 sl June 2016 Appoinied 9th October 2018 Appoinicd 20th Novcinber ?018 ADDRESS 12 ClaverinB Avenue Barnes London SW13 8DY BANKF.RS HSBC UK 63-64 Si Andrews Street CainbridbFe Cainbridge511ire CB2 .IBZ CHRISTIAN SCIENCE FOIINDATION TRUSTEES REPORT {CONTIINUED FOR THE I'EAR E￿,DED 30th Septem ber 2023 STATEMEN'T OF I'RIISTEES, RESPOh'SIBRLITIES Tlie Trustees are responsible for preparin¥ ihe Annual Report and the fiiiaucial slaiciiienls in accordance with applicable laH' and Uniled Kingdoii) G¢n¥raily Acc¢pled Accounlinbp Praclice. Coinpaiiy Law requires Ilie TrU￿ceS lo prepare finaticial slaiemeiiis foE eacli fiiianLial s'ear H,IIiLh b>jK'e a ie arid fair view of Ilie slate of affairs of Ilie chani!, and of il)e SLirplus or deficit of Ihe cliarity for Il)al period, Iii preparingy Illose financial slaleii)eiils. the l-rus1tt5 are reqiiiTed io.. lecl suitable a¢couniing policies and Ilien apply tliem consislenil J iiiake jiidgen)enls and esiiiTiales thai are reasonable aild pNdenl' slate whetlier applicable accoui)lin&p standards l)av¢ beeii followed. subjeci to anv malerial departiires disLlosed wid explained in the financial Siaieilleiils: wid pr¢p¢llC Ihe financial staleinents on Ilie bioing> conceni basis uiiless li is inappropriate lo preslime Il)al Ilie cliarily will ¢oniinue in ￿511)eSS. I'lie 'l'ruslees are iesponsible for keeping proper accouiilin¥p records ￿h1¢1) disclose willi reasoiiable aLciiracy al an), lime Ilie fiiiallcial position of Ihe charity ￿ld lo eiiable Ihei)I 10 ei)siire Ilial the fiiianLial slaleinenls coinply with the Companies Act 1985. The). are also responsible for safegiiardinb> the asseis of Ille cl)arily and hence for lakinb) reasonable sieps for Ilie preveiiiion and deieciioi) of fraiid aiid oil)ei' irrebjiilarilies. Approved by Ilie Tril￿e¢S on and 5ig?ned on ilieir behalf by.. Dat¢ 16 A& Opening, balance at I st Ociober 790.196 862.226 Bglmnce carried forward ¥t 30th September £ 1.389,616 790,196 The noie5 sel oul on pa&ves 6 to 7 foTh part of these financia15 51aiem¢nls. CHRISTIA￿, SCIENCE FOiINDATIO] BALANCE SHEET AS A T 30th September 2023 2023 2022 FIXED ASSETS .358.046 764.733 CURRENT ASSF.TS Cash at Bank and in hand Deblor5 31.570 23.750 1,713 Creditors., amounis fallinbp due wiihin onc year NET CIIRRF.NT ASSETS 31.570 25.463 I'OI"AL ASSETS LLSS CIIRRENT LIABILITIES .389,616 790.196 TOTAI. NF.I' ASSETS £ l J89,616 £ 790,196 FIIYDS Unrcslricled .389.616 790,196 TOTAI. FIINDS £ l J89,611 £ 790,196 Approved by the Trustees on and signed on eir behall'by.. Date The noies sei oui on pa 6 10 7 fomi part uf ih¢5¥ flnancidls staieincnls. CHRISTIAN SCIENCE FOLliDATION otes to the Financial Statements ear ended 30th Se tember 2023 I. ACCOIINTlI%G POLICIES These accounts are prepared in accordance with Chariry. Commission requirements. In ihe case of the Chrislian Science Foundation. il is only necessary for'lncome and EN￿nditUre, accoun15 to Lr prepared. This removes anv requirement for accruals 10 be entered into Ihe account5. 2. F.XPENDITIIRE All cypenditure, includinb) capital, is shoivn in Ihis seclion. Hs'poihelical ell￿nditUre. Such as deprccialioi) and adJustin¢nl due to eNLhan¥e rate. is also sh0117] in thi5 section. 3. PROFIT ILOSS) See Trusiee5 Report, noies on Expenditur¢. 4. DEPREC'.IA'flO This has been ass¢ss¢d on equipmeTiI dnd compulcr s0ft11'are where it 15n'l expensed in the year of purchase, al a ral¢ of 25 %, and noi on books. . IIYVESTIIIEliT CAPITAL A break'down is gwiven on ￿Be 7. 6. EXCHANGE RATES The rate used at 3011112022 is S l ?079 to £1. compared iviih S 1.1172 to £1 for 30191?022. Because ol.this and rates used bv the bank for monev transf¢rs lo Ihe Unit¥d Siaies IhLre is a nebjalive eAchan&ie rdle adJu8tmenl of£381.39 for th¢ year ended i01912023 (posilive adjustmenl £867.47 for the year ended 30191202?). CHRISTIAN SI.'tENCE FOb'NDATIO ]￿},EsT￿lE￿'Ts FOR YEAR EliDED 31hh SEPTEMBER 2023 BLK c.harities UK Bond Fund A Units Price Value Percentage Holding @ 0111012022 2.765.031 4?.05 116,?69.55 Increase/(Decrease) in value 1,909.6? Ilolding Qo, 3010912023 84.416.(MKb 1.40 118.179.17 16D/o Dividends & Interesl 20?2-2023 BLK Ch8ritie5 IIK Equity Fund A Uniis Price Value Holding 0 0111012022 24.840.837 ?1.2? 527,217.35 Increasel(Decrease) in value 91,408.29 Holding na 3010912023 24J40.837 24.90 618,62S.6S 840/9 Dividends & Inleresl 2022-2023 1.266.24 Tolals V¥lue Holdin¥ @ 0111012022 643.486.91 In¥r¢asel(D¢crease) in value 93,317.91 Holding fft 3010912023 736,804.82 I OOO/o Dividends & Inleresi 2022-?023 1.266.24