Charlty rogistration numbèr 299943 (England and Wales)
THE BIBLE NETWORK
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025

THE BIBLE NETWORK
LEGAL AND ADMINISTRATIVE INFORMATION
Truste•$
Dr John Savage
Mrs Brenda $8V8ge
Mr Robert Green
Charity nUM￿r
299943
Register•d offi¢•
9 Bumt Oak Farm
Waldron
East Sussox
TN21 ONL
Independènt examlner
Caton Fry & Co Ltd
Essex House
7-8 The Shrubberies
George Lane
South Woodford
London
E18 1BD
Bankers
Barclays Bank plc
Loughlon & w{￿f0rd Branch
33 The Broadway
Wo¢)Jford Gre8n
Essex
IG8 OHJ

THE BIBLE NETWORK
CONTENTS
Pago
Independont examinerf8 report
statement of financi81 acbvities
Balance sheet
10
ststement ol cash flows
11
Notss lo the financ481 st8lemonls
12-21

THE BIBLE NETWORK
TRUSTEES. REPORT
FOR THE YEAR ENDED 5 APRIL 2025
The trustees present thelr annual r8POrt and financial 8talem8nts for the year ended 5 Aprll 2025.
The financial statements hav8 been prepared In accordance wth the accounting pdicigs Sat out In note 1 to the
financlal slalem@nls and comply with th8 ch8rWs goveming document, the Charilles Act 2011 arKI "Accounting
and Reporting by Charities.. Stslemenl of Recommended Practice applicable to charities preparing their accounts
Sn accordance with the Flnancial Rewrting Stsndard applicable in the UK and Republie of Ireland IFRS
102). leffective 1 January 20191.
ObJ•ctlv•s and a¢tlvitlg8
The charity Is established to advance and 8Xtend the Christian Faith by promotion of the gospel throughout the
Unilad Kingdom and overseas. The charity seeks to achieve its objects by making availablg copies of the Blble
through organlsed distrfbution channels to all parts of the worjd.
The charSty works in partnèrship Bible League Internati￿al and has targeted 60 countdes throughout Asia,
Latin America, the Middle East, Eastem Europe and the members of the fomiei Soviet Union, where Bibles can
be placed making use of local people, which makes the operation very cosl effective. As part of the Bible
placement piogramma. the charity seeks lo establish small group Biblo studies and enrol people Into these small
groups. When a series of studies have been completed. members of the small groups receive a ¢opy of Ihg
Bible for Ih8mselves.
When planning our activities for the year. thè Trusleos confirm that they have complied with the duty in section 4
of the Charities Act 2006 to have due regard lo public benefit guidance published by the Com￿15s1on in
d8lermlning the activilles undertaken by the Charity. Our Bible placement and study programmes provide poor
people in many nalions with aC￿sS lo Bibles and leaching materia15 in order to begin and develop I￿1r spiritual
relalionship with God, Ènd to Ilve out their faith.
Grantmaklng
The charity meets once or fv41ce a year wilh other members of the Bible League International lo discuss the
desdnation and number of Blbles lo be sent. The charity puts forward ils recommendallons, and the member5
come to mutual agreement after prayerftjl consideration. This helps lo &nsure that efforts are not duplicated in
pa￿CUlar area whlle oth8r areas are forsaken, and also helps to achieve economies of scale and therefore cost
savlngs In areas suth as ￿ntIng and shipplng.
Fundralslng
The majority of funds are ra15ed by pl8clng appeal letters inslde varfous magazlnes. L8monade Corrffiunlcations
ale Ihe professional fundraisers that are used lo organise this and so there is usually no interaction with th8
gen8ral public In raislng donations and ther8 have been no complaints lo th& fundraising regulator in the year.
Investment pollcy and objectives
Although the trustees have power to invest in such assets, as they see fit, they have a policy of maknng low risk
inv8slments as far as is possible. Cosh depo$ils are readity available for utilisation, wilh the inveslmgnl In as
high interest rates as are currently available.
The charity uses a small number of volunteers as Mentors lo help provide its Prison Ministry. These Mentors
recglve sludenl lessons. mark and send these back with an encouraging letter.

THE BIBLE NETWORK
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
Once again, your 8UPPOrt has enabled faith to grow around the world.
The Bible Netsvort( 18 involved in th￿e main areas of outreach and also in several secondary areas of ministry,
and onGo again. as I have done in previous years. I would like to begin by giving you a briel summary and ouuine
of thos8 various areas of ministry.
Later on in this report I will be glvln9 some real-llfe examples of how thls mlnlsty Is Wol￿ng out In the I￿*9$ of the
people Ihal we are mlnist8rfng lo, bul for now let me brfeffly outllne the areas of operation. something whith I
repeal every year.
This really is the backbone of The Bible Nelwork's worfdwide strategy. 11 is a Bible siudy programme used by
local church members and which helps them with their evangelisffl and dis¢iploship work. 1115 inspired by the
story in Acls 8 whorè Philip asks the Ethiopian rf he understands what he is r8ading.
'How can I., he in fact said, "unless somebo(ty helps me" and th18 is what church members ¢Jo who I￿ve beon
trained as'Philips'
Some 'Philips' who have been trained through the Project Philip programme want to go on further. and plant
churches, sometimes in quite remote places.
Over the years I have been amazed at how these 'Phillips' afft p￿pared lo go Ihat extra mile in order to meet
with people who are sometimes living in places which are almost Inaccessible.
I wtll glve an example of thSs later on In th1$ reporL
Thi8 Is the third m8in 8rea of our work and il really is an ar68 which has exdting p08sibililies. Let me explain.
Many people around the worfd. particularfy in those ar8as which might be consldered more backward, ar8
longlng to leam how to read, and write English. They want to learn because they see thls as a possble way for
thern lo improve their circumstsnces and improve their job prospects.
We see this as an opportunity to proclaim the Gospel.
Please see a brief description below, bul shoulrl you want any further information on this particular ministy th8n
pleas8 do write in lo us at our Heathfield office and we will be glad to oxplain things fijrther.

THE BIBLE NETWORK
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
Because of you, the Gospel Is takSng root In remote places across northem Tanzania. baptisad 645 poople
here in our church last year.. Bishop Zacharia recalls with graOlud8. "(Xhers, in remote p18ces, are sllll waib'ng
because of a lack of water. As soon as thg rains come. we will baplise them. loo..
This is a region where traditlonal beliets and idol worship remain strong and, in some areas. the￿ has been little
ChristSan presence. The Word of God is greatly needed her8,° he says. Growing across the region Bishop
Zacharia's church began partnering with The Bible Network in 2019. With careful planning, he and his team have
buim a netsvork of local leaders.
Village by village. town by town, they are Nnning Bible study groups and sharing God's Word. With The 8ible
Ne￿ork, we can bring people lo Christ without hight costs," the bishop explains.
Fify new churches have grown out of these Bible study groups. That number shows the great hunger for this
programme," he say5. 'Because of your support. we can reach more people- more quickly and more effectlvely.
You are multiplying the ministry here in ways we never thovght possible.. Bishop Zachari8 is grateful for his team
of devotad pastors, who helpad him expand the ministry across the region. "l thank God for them,. he says. You
can go to the remote51 areas and find they've alrgady been therel"
As the mini8ty continues to grow and more people come to know Jesus Chllst a5 their Saviour, Bishop Zacharia
shares his heartfelt op￿al. Wè 8tfll need you to help us present the Gospel until Lord Jesus returns..
Thanks to your support, 8 humble churth in central Nicaragua is becomlng a place of healiru.
Salustiano and his wrfe, Jasmina. serve falthfully In a community Whe￿ many homes are und8r slraii
and
where people are longing for hope and meaning in God's Word. We want to share the Gospel throughout this
community. We do il out of love for the Lord.. Salusliano says.
Thelr own palnful p881 fv8ls Ihelr mlnlstry. H8 tslls us that when fath8rs arg far fmm God, famllles oft8n suffer.
Jasmina ministers among women and girfs and sees the burdens they carry - control. neglect and, in some
homes. vlolence.
After 8 serious health sc8re. Salusliano sensed God's call to ministy. He rasponded in faith and completed The
Bible Nefv￿'s Church Planter Training. With this training. th8 woik becomes so much easigrl" he says with loy.
We long lo se8 more leaders trained to plant new churches herè."
He began a church under a tree in 2021 with lust four adutts. Gro￿ was slow, but Since recelving the tr8inlng
the congregation now gathers beneath an open-sided shelter of ¢offugaled metsl. Neighbours can ovefvar the
preaching and oftèn pause lo listen. The hunger lor God's Word has grown the church lo 45.
ongside worship, a simple soup kitchen now Serves 47 childran in need- wlth both food and th8 Gospel.
Thanks to your support, Jasmlna has been able to give the thildren new booklets from The Blble Netr￿rk. "Many
children in Nicaragua are abandoned by their falh8Is.' she èxplains. "It is so Important to introduce them lo their
heavenly Father. With The Bible Network Children's Bible study materials, we can help thgm come lo know God."
"Il's 8n extraordinary work to PLrt Blbles into peOp￿'S h8nds," Salusliano says. Because ol you, the hunger for
God's Word is being mel - and families are flnding hope. Salustiano. shares= "We feel very thankful. May you
always have that love in your heart lo support our country- our people who hunger and thirst for God. May God
bless you."

THE BIBLE NETWORK
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
Bas
dLI
Many people around the World. particularly in those areas which might be considered more backward. are
longlng to1gaTn how to read, and write, English. They want to18arn because they see this as 8 possible way for
Ihem to improv8 their circumstances and Improve theirjob prospects.
We see this as an opportunity to proclaim the Gospel.
For morg information on this particular ministy please ￿ntact our Heathfield offic8 and we will be glad to help.
son
Our prison ministry whlch we call Crossroads UK has continued lo see steady and encouraging progress durang
the year with many students anrolled and completing a Bible study set of lessons.
We continue to promots the free Bible s￿dIeS through a nallonal paper called Inside Times whlch is made
avai18ble lo most people in prison. We advertise in this in the fomi of a sm811 box advert offering the free
lessons.
If you would like further information on this work then please writo lo us al our Hgathfield address.
Lèarn
L8am More About Jesus is a tree course whlch gently guldes the reader through the book of John, showing them
who Jesus is. how He cgme lo save us, 8nd how we can accept Him.
The course Can be rgquesled for free the link- www.le
asus.co.
We also have 8 facebook page of the same name where we post r¢gulady and wint P8ople towards the free
course.
I would Ilke to now take this opportunity lo update you on where wo have been able lo place the Saiplures which
you have 80 klndly ftjnded.
I will not detail the number of Scriptures for each region as this would make for difficult reading, but as always. rf
you would like to know Ihls infomiation then plea88 do conl8Ct u$ through our offi¢9.
Unfortunately in the age in which we lsve I cannot give precise detai18 of most of the towns and villages where our
Bibles are being placed, and this is because il could put our workers al considerable risk. Where there is no risk
then I do not need to take thes8 precautions.
I will be grouping the distributions into regions and combining both Bibles and New Testaments.

THE BIBLE NETWORK
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED S APRIL 2025
Afrlca
ASS8 & SIE Asia
Eastem Europe
Ind18
Latin Ameiica
Muslim World
South America
South Afrlca
If you would like details on which countries we work in. in the above named regions. then please contact us
through our Heathfield office.
In addibon to the above. we have sent many Bibles and New Testsments to people living in the Middle East, but
for security I cannot name the actual towns and vlllages.
Addltionally, al Christmas we were able to supply Bibles for our Children's work around the w(¥ld.
Needless to say, we are most grdleful to our many supporters who give both regularty and as anil whèn they can.
and I think it is encouraging to know that every pound donated will translate into a blessing for somebc*Jy.
Thank you for taking the Ilme lo read this report.

THE BIBLE NETWORK
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
In general the charfty ¢arrfes OLrt short-term projgcts and the Iruslees consider that reserves of £75,000 to
£100.000 are an adequate level. It was noted that unrestricted reseNes as 8t 5 Aprfl 2025 stood al £227,379
(2024= £225,298) due to a onewoff legacy raceived in the prewous y88r. 11 is the intention of the Trustees lo utllise
rèseNes by Ma￿ng additional grants in accordance the charftsile objects so that the res8rves are in
occordance with the target l&veS.
Incoming resources for the ye8r decreased by 11.21% to £730.54912024: £818,576). The charity continues to be
reliant upon voluntsry income, with donations represgnling 92.26% of In￿ning re￿UrceS, and legacles
r8pr8sentsng a fvrther 5.53% of incoming resources.
Total outgolng resources amounted to £728,46812024'. £755.3411. of which the charity was able to 8pend170%)
1.8. £513.41012024'. £518,337) on Its charltable acJvlli8s. 8nd 130%) 1.8. £215,058 12024: £237.0771 on raSslng
fLJnds.
The nel resources of the charity amounlett to a surplus of £2,081 12024.. £63,162). and as a re8ult the totsl
unrestricted lunds of the charity stood al £227,379 al 5 April 202S12024: £225,299). Funds have been place¢J on
interest bearing accounts with the Charities Aid Foundation and Ifirgin Money. Thgfe wer8 no restricted funds
held as at 5 April 2025.
Rl$k management
Trustees actively review the major risks which the charity faees on a regular basis and believe that maintaining
free reserves at the level slated bolow, combined with our annual review of the controls of tho key financial
systems will PTovide sufficient resources in the event of adverse ￿ndit￿In5.
Plans for the futuro
During this coming year we will firstly Cl￿tinue to malnlain our long term, day lo day
activities, which indude the following:_
A- The Bible basèd literacy work
B- The Project Philip Bible sludies
C - Our Church Planter tralnlng
D- Our Prison Minislry
E- The Learn More About Jesus Corresp￿MIenCe courses.
In addition we will be makin9 a concerted effort this year lo develop a work am(xvJsl
chlldren in a number of the counlrios where we currently have an adults ministy,
We will be providing colourhjl childrens Bibles whlch will be made available to
children In thelr own language.
Sever81 fund raising campalgns will bg held in order to cover the cost of these Bibles.

THE BIBLE NETWORK
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 5APRIL 2025
Structure. governance and managèment
The charlty was establlshed by a chadlable trust deed on 24th August 1988 and18 regSst8r8d wllh the Charlty
Cfflimission. numbar 29s943.
The trustees who 88rved during the year were..
Dr John Savage
Mrs Brenda Savage
Mr Robert Gre&n
Dotalls of method of re¢ruitmont, appolntment and Inductlon of truste0¥
New trustees are recrLJlled and appointed by the Board of trustees as the need a￿Se$ for additional trustees. The
Board of trustees consid8r people of whom they are aware or who have been recommended as being suppubve
of the aims and objects of the charity, and are wllling lo act In the position of Irusl¢a.
New tnjstees ar8 brfeled by existlng Trvslè8s on their leg81 obligations under ¢hartty law, the Charity Commission
guidance on public beneff( and the background to the charity. Trustees ats encouraged to attend apwopriate
extemal trainirvJ events where these will facilitate the undertaknng ol Ihelr role.
Organisati¢nal structure
Ouring the year the charity was organised primarily by Dr. Savage working with the other Iruste8s: the ongoing
organisation of the charity is kapt under constant revlew. Dr. Savagè as Secretary has responsibility for tha éay
to day running of the charity, but policy matters are decided by the Irusleas al tre regular Iruslees meetings.
The remuneration of key management personn81 Is revlewed by the board of tnjslees wilh Dr. Savage not
involved in the process.
Tha tN$tses' report was approved by the Board of Trustees.
Dr John Savago
Trustee
Dated.. 19 January 2026

THE BIBLE NETWORK
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE BIBLE NETWORK
I report to the trustees ￿ my exomination of the financial statements of The B¢ble NO￿rk (the tharityl for the
year ended 5 April 2025.
Rèsponsibilitles and basis of report
As the trustees of the charity you are fesponsible for the preparation of the finanual st8tem8nts in accordance
th the requlremenls of the Charitses Act 2011.
I rgPOrt in respect of my examlnation of the charity's financial stslements carrie(J out under 58Ction 145 of tho
2011 Act. In carying out my ex8mlnalion I have followed all the appllcablg Directions glv9n by the Charity
Commls8ion under section 145{5Xbl of Ihe 2011 Act.
Independent examinerfs $tstem&nt
Since the charity's gross income 8x¢eed8d £250.000, the independent examiner musl be a member of a body
lisled in sectlon 145 of the Charities Ad 2011. 1 confimi that l am qualified to undertake the exarnination
because 18m a m8mbgr of Institute for Chartered Actountants in England & Wales, which is one of the lislgd
bodies.
Yc*ur attenlKJn is drawn lo tha fact that the charity has pr8pared the Ilnancial statements in accordance wlth the
relevant version of the Statement of Recommended Practice applicable lo charities preparing their financial
statements In accordance with the Financial R8POrting Standard applicable in the UK an¢J Republic of Ireland
IFRS 1021 in preferance to the Accounting and Reporting by Charitia8: Slalemgnt of Recommended Practice
issued on 1 April 2005 which is referred lo in the extsnt rogulations but has now been withdrawn. l understand
that Ihls has been done In order for the financial slalements lo provide a true and fair view In accordance with
UK Generally Acc&pted A￿OUntIng Practlce.
I hav8 completed rny examlnation. I conffim that no matters have come to my attention in connection with the
examination giving me cause to believe that In any matgrial respect..
accounting record5 were not kept in respect of the tharfty as required by section 130 of the Charities Act
2011.
Ihg finanaal Statements do not accord wlth those records. or
the financial 8tstem8nls do not c¢xnply with the applicable requirgments conceming the fomi and content
of firlaricial stat8ments s8t out In the Charities (Accounts and Reports) Regulations 2008 other than any
reqU1￿ment that the finan¢i81 st8tements give a true and fair view, whlch Is not a matter considered 8$
part of an Independent examination.
I have no concems and have come atxoss no other matters In connectlon wlth the examlnation lo whlch
attention should be drawn in this report in order to enable a proper understanding of the flnanGial ststements to
reached.
Jonathan Caton
FCA FCCA
Cal¢)n Fry & Co Ltd
Essex House
7-8 The Shwbberfes
George Lana
South Wcrfxjford
London
E18 18D
IL.L.. IoA.4...
lTrJl{

THE BIBLE NETWORK
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 5 APRIL 2025
Unrestrlcted Unr•¥tricted
funds
funds
2025
2024
Notès
Donations and logacies
Invaslmenl income
724,395
6,154
813,262
5,314
Total incomo
730.549
818.576
Ex
Ralsing funds
215,058
237,077
Charitsble aclFvitles
513,410
518.337
Total expgndltur•
728.468
755,414
Net Incorng for the yearl
Net movement in funds
2.081
63,162
Fund balances at 6 Aprfl 2024
225,298
162.136
Fund balan¢•s at S Aprll 2025
227.379
225.298
The statemènt of financial activitigs includes all g8in8 and losses rewgnised in the year.
All income and expenditure derive from continuing activlties.
All Incomg, expendibjro and fund balances are represented by unrestricted funds t*)th in the ojrrent aTrJ prevlous
year.

THE BIBLE NETWORK
BALANCE SHEET
ASAT5APRIL 2025
2025
2024
Notes
Fixed assets
Tangible assets
11
Currorrt ass•ts
Debtors
Cash at bank and in hand
12
26,013
221,660
11,100
235,751
247.673
246.851
Credlters: amounts falllng due wlthln
¢)ne year
13
(20.295)
121.S54)
Net current assets
227,378
225,297
Tr)tal assets1g$s curront Ilabllltiés
227.379
225.298
Income funds
Unrestricted funtls
227.379
225,298
227.379
225.298
All fund balances are ropre$8nted by unrestricted funds.
The actounts were approved by th8 Truste8s on 19 January 2026
Dr John Savago
Trustee
10-

THE BIBLE NETWORK
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 5 APRIL 2025
2025
2024
Not•$
Cash flows from op•ratln9 actlvltles
Cash labsorbed byygenerated from
operations
18
(20.2451
90.161
Inve8tlng actlvttlos
Investment income rec8ived
6,154
5,314
Nèt cash g•norat•d from Invostlng
activitie¥
6.154
5,314
N81 Cash usgd In flnanclng activities
N•t (d•crea50ylncroas• In cash and Gash
equlvalents
114,091)
95,475
C8sh ond cash aquiv8lents al beginning of ye8r
235.751
140,276
Cagh and cash equlvalents at •nd of y8ar
221,660
235,751
11

THE BIBLE NETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
Ac¢ouThllng pdlcle8
1.1 A￿OUntIng ￿nVentIOn
The 8ccounts have been prepared accordance with the ch8ritys goveming document, Ihe CharFtl&* Act
2011 and "Accounling anl Reporting by Charities.. Statement of Recomrnendod Practice applicable to
charilles prepadng their accounts In accordance wllh tha Financlal Reportlng Standard appllcable in th8 UK
and Republlc of Ireland IFRS 102}. {8S Bmended for accounting p8riods comm8ncing from 1 January 20161.
Th8 charity is a Public Banefil Entity as defined by FRS 102.
The finan￿81 stslements are preparad In slèrfing. whSch is the functional currency of the charity. Monetary
amounts in these financial $lalemenls arg rounded lo th8 nearest £.
The flnancial statements have been prepared under the hlstorfcal rA)St convenllon. ThB princlpal accounung
)I￿leS adopted are set out below.
1.2 Golng concorn
At the time of approving the financial 8tat8rnenls, the twslees have a reasonable expectation that the charity
has adequalg Tesources to Continua in opgratlonal existenco for the fore8eeabl8 future. Thus Ihe trustees
continuo to adopt the going con¢8m basis of accounting in preparing the financial stalements.
1.3 Charitabl• fund$
Unrethcled fijnds are available for use at the discrglion of the Irustses in fvrtherorKe of thèlr charitsble
objectives.
Restricted funds are subject to 8p8crfic conditlons by donors or grantors as lo how they may bg used. The
purposes and uses of the restrfcted funds are sel out in the notes lo the Ilnancial statements.
Endowment funds are subjèct to Sk)eofiG LL)nditions by donors that Ihe capital must be maintained by Ihe
charfty.
1.4 Incom•
Incom8 is fecognised when the chartty is legally entitlad to it after any perfomiance condltions h8ve ba8n meL
the amounts can be measur9d r81iably, and tt is probable that income will be received.
Cash donallons 8re rècognised on receipt. Other donations are recognised once the charity has been notified
of the donat5on, unless performance condStions require defgrral of the amount. Incorne tax ￿coVerable in
relallon lo donauons recelved under GIftAld or deed5 of covénant is recognlsed at the Ume of the donation.
Legacres are recogTri5gd on re￿Ipt or otherwise rf the charity has ￿en notffie(l ol an impending distribution,
the amount is known. and receipt is expected. If the amount is not known. Ihe legacy is treated as a
tingènt asset.
Donated servlco8
In accordance with FRS 102. the general volunteer lime is not recognised. Refer to Ihe Irustee8' report for
more information on the contribution of volunteers to the charlty.
12-

THE BIBLE NETWORK
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED S APRIL 2025
Accountlng Wicies
{Continu•d)
1.5 Expendlture
Expenditure Is Included in the accounts on an accru81s basis.
Gr8nls offered subject to conditions which have not been met at the year end date 8re noted as a
commitment bul not accrued os expenditure.
Costs of raislng fun(Js are th086 costs Sn(#Jrred in atracting voluntary Income and indude: expens8s remthd
for advertising and markellng. includlng slraleglc plannlng. cr8ativè copy and concppl, artrork and production
SerVi￿s, project management and media. as w811 as database fulfilmenl, new don￿ acquisition and exksting
donor d8velDpmenl
Charitable expenses represent gr8nts paid during the ygar. Grants are allocated only when ihe funds are
available.
Govarnance costs Includ8 those (x)sts Incurred in the governance of its assets and ara primarily associated
th constllutional and slaknlory requlrgments.
Support ￿)sts Indude ihe management arKI administration costs of tha tharity. including trustees
romuneration. These are split between costs of raising funds. costs of grant making. and governan￿ either
on the eslimaled time spent on each activlty or Ihe actual cost. as most appropriate.
1.6 Tanglble fixéd assets
Tangible fixgd assets are Inltialty measured at cost and subsequently measured at cost ￿ valuotlon. net of
depreGiation and any impairment losses.
Depreciation is recognised so as lo write off the cost or valuation of assets less Iheir residual values over their
useful lives on the following bases-
Computer 8qulpment
Offlce equipment
33% on reducing balance
15¥0 on reducing balance
The gain or 108s arising on the disposal of an asset is dglermlned as the difference between the sale
proceeds and the carrylng value of the asset, and is recognised in the slalemenl of financial activltles.
1.7 Impalm)ent of flxod assets
At each reporting end éale, the charity reviews tho carrying amounts of its tangible assets to delemiine
whether there is any indlcation that thos& assets have suffered an Impaimienl loss. If any such indkalion
exists. the recoverable amount of Ihe asset is estimated in order to detemine th8 8xlenl of the impaimienl
loss (if any).
1.8 Cash and ¢ash •qulYalonts
Cash and cash equivalents include cash In hand, deposits held at Call wth banks. other short-18m liquid
investments wrth origlnal maturities of three months or less, Bnd bank overdrafts. Bank overdrafts are shown
withln borrowings in current liabilities.
13-

THE BIBLE NETWORK
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
Accounting poli¢ie$
(Continued)
1.9 Flnancial instruments
The charity has elected to apply the provisions of Secllon 11 'Basic Fin8nryal In$trumgnts' and Section 12
'Other Finanryal Instruments Issues, of FRS 102 10 811 of its financial instruments.
Flnancial instwments are recognised in the charity's balance sheet when the charity becomes Party lo the
nlraclual provisions of th8 Instrum8nl.
Financial assets and liabilities ore oftsel. with the nel amounts presented in thè finana81 statements. whgn
there is a legally enforceable right to set off ihe recognlsed amounts 8nd Ihere Is an Inlentlon lo settle on a
n8t basis or to realise the asset and setu8 the liability simultaneously.
Basic financial assots
Bassc fir)8nci81 assets, which include debtors and cash and bank b818nces, are Initi811y meB8ured at
transaction price including transaction costs and are subsequently carrfed at amorbsed cost using the
effedive interest method unless the arrangement constSlules a financing Iransactlon, where the trdnsaction is
measur8d at the pr8sgnt valu8 of the futur8 r8C8ipts discounted at a market rate of interest. Financial ass8ts
dassifiad as racaivabla within on8 year ar£ not amortised.
8aslc Ilnan¢l81 Ilabllltles
Bas1¢ finanryal liabilities, induding creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a finanong transaction. where the debt instrument is measured at the present
value of the futur8 payments dlscounted al a market rale of interest. Flnancbal liabilities Classified as payable
within one year are not amortised.
Debt Instruments ar8 sub8equently cathed al amortised cost, uslng th8 effeCt￿e interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordSnary course of
operations from suppliers. Amounts payable a￿ classified as current liabi111Ses 11 payment is due within one
yeai or less. If not, they are presented as non-current liabilities. Trad8 creditors are ￿cOgniSed initially at
transaction price 8nd subsequently me88urèd at amortised cost usino th8 effeclNe Interest method.
Derecognltlon offlnanclal Ilabllltles
Flnancial Ilabilities are derecognised when the charity's contractual obligations expirè or are discharged or
ancefied.
1.10 Employee bonefits
The cost of any unused hdiday entitlement is recognl8ed in the period In whlch ihe employee's services are
received.
Termlnallon benefits are recognised Immedlately as an expense when the charfty Is demonstrably commhied
to temlnate the employment of an employae or to pl￿de lemilnauon beneflts.
1.11 Pension costs and other post-retlrement bénèfits
The charity operates a defined contribution pension scheme. Contributions payable lo the ch8rtVs pension
scheme are char9ed to the Statement of Financial Activities in the period to whlch they relale.
14-

THE BIBLE NETWORK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
Crftl¢al a¢¢ountlng estimates and judg•mont$
In th8 applicabon of tho chariV$ accountlng policies, the trustees 8re required lo mako judg8mgnts. estirnale8
and assumpllons about the calrylng amount of assets and Ilabllilies that are not readily appar8nt from other
sources. The eslimales and assoclal8d assumptions are b8s8d on historical experience and other factors Ih81
are considered to be relevant. Actual results may differ from these eslimatgs.
The gsllmatss and underlylng assumptions arè r8vlewed on an ong(Mng b8sls. Revoslons lo accounting
eslirnatgs are recognisgd In the perSod In whlch the estlrnale Is revised wh8re th8 revlslon affects rmly that
pèriod. or in the period of the revision and future periods where the r8vision affects both current and future
perlods.
Incom• from dOna￿on3 and legacles
Unrestrlctsd
funds
2025
Unrastrf¢ted
funds
2024
Donations and gifts
Legacies
Gr8nts
673,980
40.415
10,000
607.129
206,133
724,395
813.262
Income from Invostments
Unrestrlctèd Unrnstrictsd
fvnds
funds
2025
2024
Interest recelvable
6.154
5.314
Raising funds
2025
2024
Co
Oth8r fundraisirbg costs
Staff costs
Support ￿$t5 Is8e note 8)
35,120
33,017
23.471
41,067
30,229
14,273
Costs of generating voluntsry income
91.608
85,S69
& Newslettars
Other trading actiwties
123,450
151.508
215.058
237,077
15-

THE BIBLE NETWORK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
Charitable adlvltles
Scrlpture
placem•nt
programm•
Prl6¢n
Mlnlstry
Totsl
2025
Totsl
2024
staff costs
Activities undertakon direcuy
7,004
7,004
14.557
6,412
34.065
13,567
7,994
13.567
21,561
40,477
Grant fundlng of activities (see notg 71
480.0
460,000
450,000
Share of support costs Isee note 8)
Share of gov8rnance cosis (so9 note 8)
12,091
19.758
12,091
19.758
10,074
17,786
499.843
13,567
S13.410
518.337
Analysls by fund
Unrestricted funds
499,843
13,567
513,410
499,843
13.567
513,410
For the year ended S Aprll 2024
Unrestricted funds
484.625
33,712
518.337
484.625
33.712
518,337
16-

THE BIBLE NETWORK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
Grants payablo
2025
2024
Africa
Colombia
Indla
Latin Amorica
Kgnya
Mal8wI
Bangladesh
Indonesia
Zimbabwe
Albania
China
Worldwide ChIld￿n
Pers&culed Church
Ministy of Muslim Area
Mexico
P8ru
Soulh Afllca
Philipplnes
Nlcaragua
Ghana
Nep81
Amienia
Europè
A8la
Sri Lanka
Tanzanla
Malaysia
INhere Needed Most Worfdwide
Audio Bibles
Madagascar
Paraguay
Pakislan
15.000
35,000
18,000
5,000
38,000
13.000
5.000
15,0
5,000
14.￿0
13,000
48,000
15,000
5,000
4,000
10.000
100,QOO
10.000
90,000
20,000
80,000
40.000
2.000
4.1)00
11.000
14,000
8.000
5,000
5,000
14,000
24.000
21,000
1.000
17.000
13.000
10.000
15.000
13,000
40,000
3,000
15,000
10,000
10.000
30.000
5,000
7,000
15,000
460.000
450,000
17-

THE BIBLE NETWORK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
Support Costs
Support costs Goveman¢•
¢o$ts
2025
2024
Staff costs
Printing, postag8 & slalionery
Pr8mlsas costs
Motor & travelling
Advertising
T61ephong. communications & general
expenses
Telephone & communi¢ations
Bank charges
10,005
lo,￿5
22,741
312
852
9,160
9,000
312
1.513
1.045
22.741
312
852
890
3.338
143
7,286
3.338
143
7,286
3,602
336
7,557
Accountancy
Independént Examination
Legal and profe85ional
2,958
5.808
987
2.958
5.808
987
2,958
5,808
611
35,562
19,758
55.320
41,9)2
Analysed between
Fundraising
Charitsblo activities
23.471
12.091
23,471
31,849
14.273
27.629
19.758
35,562
19,758
55.320
41.￿2
Net movement In funds
2025
2024
The nel movement in funds is ststed after chargingl(crediting):
Fees payable for the independant examina￿On of the financlal
ststements
2,958
2.958
18-

THE BIBLE NETWORK
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FQR THE YEAR ENDED 5 APRIL 2025
10 Employ•o8
The average monthly numbor employees during the yaar was 112024.11.
Employmant costs
2025
2024
Wages and salarfes
othgr pension costs
42,986
7,040
39,011
6.790
50.026
45,801
No employees received emoluments in excess of £60,000. Dr John Savage was remunerated in the
year.The remuneratlon of this trustee is authorfsed by General Order of The Charity Commlssioners for
England and Wales, in consideration of his role as man8ging trustee and secretary of the charity.
11 Tanglble fixed assets
Complrtér
oqutpm•nt
Offlcè
•quipment
Totsl
Cost
Al 6 April 2024
2,765
509
3,274
At 5 April 2025
2,765
509
3,274
Depr•clatlon and Impairm•nt
At 6 April 2024
2,765
508
3,273
At 5 Aprll 2025
2.765
508
3,273
Carrylng amount
Al 5 April 2025
Al 5 Aprfl 2024
12 D•btor5
2025
2024
Amounts falllng duè wlthln one year.
Other debtors
26,013
11,100
19-

THE BIBLE NETWORK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5APRIL 2025
13 Cr•ditors: amounts falling due wlthln one year
2025
2024
Other taxation and social security
Trustèès. acwunts
Other rredilors
Accruals and deferred ino)me
73
11,371
85
8,766
12,627
161
8.766
20,295
21,554
14 Rotlrement b•nellt schemes
2025
2024
D•fined contribution $chem
Charg8 lo profil Of loss in r6spect of defingd cDnlribution schemes
7.040
6.790
The charity operates a defined contrlbulion pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the charity in an independently administered fund.
15 Unrestrictod funds
The unrestricted funds of the charity comprise Ihe unexpènded balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how Ihey may be used. These indude
designated funds which havg bggn sgt aside out of unreslrid8d funds by the trustees for sporAfic purp￿$.
At 6 Apr61
2024
Incomlng
resources
Rosources
•XPgndgd
At S Aprll
2025
General funds
225,298
730,549
(728.4681
227,379
Prevlous year:
At 6April
2023
Incomlng Ro$ourceB
resources
•xp8nd•d
At 5 April
2024
General funds
162.136
818,576
(755,4141
225.298
16 Analysls of not assets between funds
UnroStri¢ted Unre$trl¢t•d
funds
funds
2025
2024
Fund balance$ at 5April 2025 are represented by-.
Tangible assets
Current assetsllllabllltlgsl
227.378
225,297
227,379
225,298
20-

THE BIBLE NETWORK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
17 Relatod party transa¢tlons
The figur6 of £11.371 12024.. £12,627) for Try￿tee5, account wSlhln creditors reprasents an amounl owed to
Or. J. C. Sav8ge.
Remuneratlon of key managBrnent P8rsonnel
The remuneration of key management personnel was as lollows=
2025
2024
Aggregate comp&nsation
43,517
39.469
SeNlces towards the charitys appeals. prisDn ministry and website maintenance were provided by The
Savage Partnershlp. Mr M Savage. who is the son of the Trustee Dr J C Savag&, is a partner of Th& Savage
Partnership. The cost of these services provlded during the year ended 5 April 2025 amounted to £9,045
12024= £9,763).
18 Cash gener8t•d from operatlons
2025
2024
Surplus for the year
2,081
63.162
Adjustm8nls for
Investment Sncome racognis8d in ststem8nt of financlal activities
16,154)
(5,314)
Movemants In worklng capllal..
Ilncfvaselldecreas& in debtors
(Decrease) in creditors
(14,913)
{1,259}
33,022
7091
Cash (absorbed byllgonerated from operations
120,2451
90.161
21