THE EVANGELICAL BOOKSHOP
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JANUARY 2021
Charity Number NIC100560

THE EVANGELICAL BOOKSHOP
FINANCIAL STATEMENTS
YEAR ENDED 31 JANUARY 2021
CONTENTS
PAGE
Charity reference number and administrative details
Trustees annual report
Independent examiner's report to the trustees
Statement of financial activities
Balance sheet
Statement of cash flows
Notes to the financial statements
10

Pagg 1
THE EVANGELICAL BOOKSHOP
CHARITY REFERENCE NUMBER AND ADMINISTRATIVE DETAILS
YEAR ENDED 31 JANUARY 2021
Registered cliarity name
Tlie Evangelical BooLsl)op
Charity numbei.
NIC 100560
Registered Offiee
15 College Square Èast
Belfast
BTI 6DD
Trustees
A Lucas
D Waison
R C Beckell
E C Browii
Clii)irman
C C Brown
Inilepen(lent examiner
B J briarFCA
Jack'soii Aiidiews
Cli<irtered Accouiitants & Siaiiitory Auditor
Aiidras Hoiise
60 Great Victoria Street
Belfast
BT2 7ET
Bankei
Daiiske Baiik
9 Donegall Square North
Belfast
BTI 5GJ

THE EVANGELICAL BOOKSHOP
Page 2
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 JANUARY 2021
The trustees preseiit tl)eir IEpoi1 aiid finaiicial slaleii)eiits of tlie charity for ihe year ei)ded 31, Jaiiiiaiy
20?1. Tl)e trLislees liavc adopted tlie pi'ovisi01is of il)e Stateinent of Reconiniended ISORPI
'Accoiiiiting aiid Reporting by Cliai'ities". {FRS 102) ii) prepariiig tlie ai)iiual repoit and fiiiaiicial
staleineiits of tl)e cliarily.
'ri)e fiiiancial siaieiiieiits liave beeii prep<ired iii accordai)ce witli tli¢ accoLiiilii)g policies set out in
notes to ilie fiiiai)ci21 statellieilts and comply witli the charity's goveriiiiig docuinent, ¢l)arity lai¥, for
Northen) Ireland and 'Cliarities SORP {fRS 102) {secoiid edilioi)
October 2019) Accoiinting aiid
Repoi'ting by Clii£ rities.. Stateineni of Recoinineiided Pi'actice applicable to cliariiies piEparing Ilieir
accoiints iii aeeoi'dance Mfiili tlic fiiiaiicial Reportii)g Staiidard applieable in the United Kiiigdoiii aiid
Repiiblic of Ireland IfRS 1021-" tli¢ "fiiiaiicial Repoi1iiig Staiid2c rd applicable iii Ilie Uiiited Kiiigdoin
aiid Ilepiiblic of Irel£iiid (fRS 10?) (Maicli ?018)" Cl)arilics Act (Northern Irelaiid) 2008. 'ri)e
Charities (Accouiits aiid Repoi'15} Regiilaiioi)s (Northern Ircll< nd) ?015 and UIC Geiierally Accepted
Accoui)tiJig Practice.
IIEFERENCE AIYD ADMIIYISTRATIVE Df.TAILS
R¢gistcred ch.?rity name
Charity number
Tl)e Evangelical Booksliop
NIC 100560
Registered Office
15 College Square Cast, Belfast. BT16DD
Chi)irman
E C Browii
Iiidependent examiner
B J Fi'iar FCA
Jacksoii AndiEws . Cliai1ered Accouiitai)ts & Statulory Aiiditor,
Andrc2S l-loiise. 60 Great Victoria Street, Beifasl. BT2 7ET
Bankcrs
Danske Baiik . 9 Doiiegall Square Noi'tlL Belfast, BTI 5GJ
TRUSTEIS OF THE CHARITY
Tlie trustees wlio served duriiig Ilie year were as folloi¥s'.
A LLicas
D Watson
R C Beckett
E C Brown
PUBLIC BENEFIT STATEMEI NT
The Board of TrLislees of Tlie Evangelical Bookshop confirni that tliey had diie regard for Ilie
guidaiice pi'odiic¢d 011 piiblic beiiefii b), Il)e Cl)ai'ity coinini55ioiI foi. Nortlieri) Irelai)d aiid ale pleased
to repoi1 tl)at diii'ii)&F tlie )Jeai' Il)e clii¢ rit), l)as ¢oiitillLied to pr(>vide piiblic b¢iielits tlii-ougli tl)e liolding
of assels b), the cliarity foi. the benefit of the Evic iigclical Presbvtcriaii Cl)ur¢li, tlie furtheriiig of
Cl)I'istiaii obje¢tives to spread ali eviliigelical iiiessage in partlCLilai' Iliiougli tlie access to tlieological
resoui'ces and disseiiiiiialioii of Clirisiiaii litei'atiire lo Cliiircl) s iniiiistei's, ieacliers leaders,
coiiore￿atio￿s and tlie piiblic iii genei'al aiid il)e provisioii of facililics for Ineeiin¥s aiid we refei. to Ilie
giiidaiice wlien I'eviewiiig OLII. aiiiis aiid objectives aiid in plaiiiiiiiLI oiir fLItLlI'e activities.

THE EVANGELICAL BOOKSHOP
Page 3
TRUSTEES ANNUAL REPORT (
continued)
YEAR ENDED 31 JANUARY 2021
OIIJECTIVII S AND ACTIVITIES
Tl)e piirpose and chai'itable objective of tl)e cliarity is the liolding of assets by the orgai)isatioi) foi. tl)¢
beiiefit of tlie Ev<ingelical Pi'esbyteriaii Church, in partlCLilar througli tlie disseiiiination of Clii'istiaii
litcr?c tui'e.
Tlie dii'ect piiblic benefits ivliicli flow lo tlie Evangelical PKsbyterian Cliurcl) Froin tlie cliarily"-s
pui'poses al'e-.
tl)e coiitiiiued liolding of ai) asset (namely a real estate ass¢1 of a i'efuibislied, 4-slorey, Ivell_
Inaii)tained city c¢nti'e preniiscs, its eqiiii)Ineiit aiid stock) for its beiiefil.
tlie goodwill developed as a result of Ilic work carried oiit thereiii:
Ilic flIrther￿1}g of Clij'istiai) objectives lo spirad ali evaii¥clic<l1 niessage aiid wiliiess aiid il)e
beiiefit of tlie Cliuirli's iiiiiiisters: teacliers, leadcrs aiid iiideed coiigi'cgJatioiis Il)I'oiigli c1ccess lo
tlieoloTrical resources wliicli enliaiices tlieii. iiieaiis toi- spiritLlc21 <11)d educatioiial dcvelopiiieiil.
tlie piovisioi) of a CIILircl) Denoiniiiation addi'css, foi'uiii. facilities for 11)eelings, distributioii of
the CIILlI'clI M&gazinc aiid adv¢itising.
I'l)e evideiice or pioof of tliese benefit5 can variously be found in tl)e Cliui-cli's close ideiitity iviili oiii.
good work, ils coiitiiiued ¢oiiiiection witli oiir 01-g7aiiisatioii, its loiig-tetin and oiigoing use of tlie
Iiidiitct benefits do accriie lo tlie piiblic al 11( I'<Tre, namely tlie iiiii)roveinei)Is ciijoyed iii ilieii. I'eligious
knowledge aiid edueatioi), but this is ali iiicident£il outworkiiig of tlie Booksl)op's disscinincltion or
Cl)ristiaii literatiire. All meinbei's of tlie piiblic al'e targel beiieficiaries of tlie Cliuirli and $0 Iliis is or
broad assistance lo it.
Tlie beiieficiary of our oigaiiisalioii is tl)e Evangelical Presbyterian CIILlI'cli. The preinises at Nuinbei-
15 CollebTe Sqliai'e East Belfast are held by lis foi. tl)e beiiofit of tl)e Evaiigelical Presbyteriaii Chiii'cli
and all the I'eceipts i)i-ofits aiid iiicoiiie fi'om tlie said premises aftci- i)ayinenl of all ne¢¢ssaiy
oiitgoings, repaii's, iiiaiiiteiiaiice, iliSill<111ce and all expenses ii) I'espe¢t of tlie pi'eiiiises, Ivill fi'oin tiiiie
to tiine be paid by us to ilie Ceiili'al ILiiid of tlie said Evangelical Pi'esbylei'ian Cliiii'ch or to siicli otlier
Fliiid or fiinds iii coiiiiectioii witli tlie said Cliurch as sl)all be decided fi'om lim¢ to tinie by us or a
niajoi'ity of us.
No liariiis ai'ise fiDin our pui'poses.
STRUCTUI£E, GOVERNANCE AND MANAGEMENT
Governing (locunieilt
Tlie booksliop is a cliaritable ti'iist coi)stitiited uiider a trLlSt deed dated 26 October 1982. 11,lii¢h is
recogi)ised as a cli<irity by I-IM Reveiiiie aiid CiisloJi)s (I'efei'eiice iiuinber XN 46617). Tl)e clilc I'lty was
registered will) l-lie Cliai'ily Coiniiiissioi) foi. Nortlicrii IIElaiid oli ?9 ' ALISTllSt ?014, ui)dei' refei'ence
NIC 100560.
Recruitvnent, appointment, in<luction and training
Tlic pi'eseiil triistees liavc beeii iiivolved iii tlie cl)arity for a iiiiiiibcr of yeais ai)d so are taiiiiliar witli
ils ivoi'k. Tlie trLlStees regLilai'lv I'evieyi. the I'eqiiii'eiiients of tl)e ¢l)ai'ity aiid tl)e possibilily ora Ii¢¢d foi.
additional trLlStees. Aiiy neiv ti'iislees ivoiild be api)oii)ted by I'esoliitioii ora nieet11)￿ of all tlie ti'iistees
passed by a niajoi'ity of tliose pi'eseiil. Appropriatc Irali)ii)￿ aiid indiiclioii is available lo all ti'iislees.

THE EVANGELICAL BOOKSHOP
Page 4
TRUSTEES ANNUAL REPORT fcontinuedj
YEAR ENDED 31 JANUARY 2021
STRUCTURE, GOVERNANCE AND MANAGEMEwf (coiitiitued)
Financial risk management objeetives and tratning
The triistees liave overall responsibility for ensuring that tlie charity lias in place ali appropriate syste
of controls, financial and otherwise, to provide 8ssurance that..
the charity is operatiiig effectively-
its assets are safeguarded against uiiauthorised use or disposition.
proper records are maintained &nd financial inforination used within the charity or for
publication is reliable;
tlie charity compli¢s with relevant laws and regulations- and
the charity""s systeins of fiiiancial control are designed to provide reasonable. but not absolute
assurance agaiiist material misstatement or loss.
The trustees liave assessed tl)e major risks to which the cliarity is exposed, in particular those related
to the operations aiid finaiices of tlie cliarity. Tl)e trustees are satisfied il)at systems are in place to
Initigate any exposure to major I'isks.
ACHIEVEMENTS AND PERFORMANCE
Total income for the year ivas £262,983 (2020 - £384,265). Incotne derived frotn charitable activities
anioiinted to £188,895 (20?0 - £384.224); 0il)er incoine lolalled £59,634 (2020 £Nil): donations
tolalled £14,448 {2020 £Nil) and investment income totalled £6 (2020 - £41).
Total expenditure for tlie year ainouiited to £275.656 (2020 £409.345). Tlie cost of charitable
activities ainounted to £265,932 {2020 £407,845) aiid governance costs amounted to £9,724 (2020
£1,500).
The net expendilure for tlie year amounted to £12.673 {2020- £25,080).
The Trustees consider5 that the cliarity is in a satisfactory position to cary on its charitable activities.
FINANCIAL REVIEW
Reserves policy
It is the policy of tlie charity to maiiilaiii free reserves wliich matches Ihe needs of tlie orgaiiisation,
both at the current time and in the foreseeable future. This provides sufficiei)t funds to cover running
costs which incllide management, adininistration and support costs. Free reserves are those
unrestricted reserves noi designated nor invested in fixed assets whi¢h are available foi. geiieral use.
PLANS FOR FUTURE PERIODS
The bookshop will continue to seek every opportunsty to increase incoine.
IMPLICATIONS OF COVID-19
Follom'ing the Covid-19 oiitbreak r¢striclions have beeii imposed on the operalion of the bookshops
althougl) oiiline sales have continued.
STATEMENT OF RESPONSIBILTIES OF THE TRUSTEES
The Board of Trustees are responsibl¢ for preparii)gF tlie financial statements in accordance ivith
applicable law and Uiiited Kiiigdom Aicouiiting Standards {United Kiiibdoin Generally Accepted
Accolinliiig Practice).
The law applicable to cl)arities in Nortliem Ir¢laiid reqiiires the trustees to prepare fiiiancial statemeiits
for eacli financial year ivhich give a true and fair viciv of the slate of affairs of the charity and of the
incoming resources and applicalioii of resouires of tlie cliarity for that period.

THE EVANGELICAL BOOKSHOP
Page 5
TRUSTEES ANNUAL REPORT(continued)
YEAR ENDED 31 JANUARY 2021
STATEMENT OF Illl SPONSIBILTIES OF THE TRUSTEES (coiiliiiiiedj
In pi'epai-ing tl)ese financial stateineiits, tlic ti'iistees ai'¢ I'equired io..
select suitable <lCCOUllting policies aiid tl)eii apply tlieii) coiisisleiitly.
obsci've tlie iiietl)ods and principles in the C112c I'lties SORP (fRS 102) (second editioii
Oclobei. 2019)
InaLe jLidgein¢i)Is and estiinales that are reasoi)able and prudent;
state whetlier applicabl¢ accouiitll)bY Staiid<l1'ds liave been followed, subject to an), matei'ial
depaitiires disclosed and explained in the financial stateiiieiits.
prepai-e tli¢ fiiiancial staleilleiits 01) tlie going coiicei'n basis unless it is iiiappropi'iate to
pi'esuiiie tliat tlie charity will conlinLie in operatioii.
'rii¢ trustees al'e respoiisible for keepiiig proper <iccoiiiiling I'ecoi'ds Iliai disclose witli ieasonable
ac¢ui'acy at any limc the finaiicial positioii of Ilic cl)<l1'lty aiid eiiable tlieiii io eiisiire thal tlic finalici1￿1
slaleiiients comply witl) tlie Chai'ities Acl {Nortlieim Ii'eland) 2008: tlie Cliai'ities {Accoiii)Is and
Repoits) Re<yiilations (Northern Ii'eland) 2015 aiid tl)e provi5ioiis of tl)e iiiist deed. Tlie triistees are
also responsible foi. safcguai'dii)g Ilic assets of Ilie cliai'ily and heiice for taking I'easonable Sieps for tlie
preveiilioii aiid deleclioii of fi-aud aiid otlier inrgLiliirities.
Tlie Iriistces are resi)oiisible foj. tlie iiiaiiileii<iii¢e ui)d ii)te¢yriiy of tlie chai-ity aiid financial iiiforiiiation
iiicluded 011 tlie cliai'ily's ivebsite. Legislcltioii iii Ilic Uiiited Kiiigdoiii ftovei-i)iiig tlie preparaiioii aiid
disseininalioii of fii)aiicial slateinei)ts inay diffei. froin legyislatioi) in otliei. jui-isdiclioiis.
Disclosure of infoi'mation to independent exAniinei'
So far as ea¢li of tlie triiste¢s in off5ce al the date of appi'oval of tl)ese financial statemei)ts is aivare:
tlieiE is no relevaiit ii)fonnatioi) for tl)¢ indepeiident examinatioi) of wl)icli Il)e charity's
iiidependent exc21niner ait Linaware- and
tliey Iiave taken all steps tliat tl)ey ouglit to liav¢ laken as triistee5 to iiiake Il)¢iiiselves aivaiE of
any relevant ii)formatioi) and lo cstablisl) ilial tlie cliai'ity's independeilt examinei. al'e aware of
JNDEI PENDfi NT EXAMINER
JacLson Andi'eivs will contllllie in office as indepeiideiit exainii)ei' foi. tlie eiisliing year.
REGISTF.RED OFFICE
BY OIIDER OF THE BOARD OF TRUSTEES
15 College Squai'e Easl
Belfast
BTI 6DD
E C Browii
Ti'LlSte¢
D WatSOl1
tt￿)
Approvcd by tlie ti'iistecs oli
J.Tf&V￿/j

Page 6
THE EVANGELICAL BOOKSHOP
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF THE
EVANGELICAL BOOKSHOP
YEAR ENDED 31 JANUARY 2021
I report on tlie accoLlllts ofilie cliarity for tlie year elided 31, Jaiiuary ?021 wliich are set out oll pages
7t0 18.
Respective responsibilities of trustees an(1 examiner
As thc cliai'ity-s triistees yoii aiE respoiisible for tlie PlEparatioii of tlie accounts in accordance willi tlie
Cliarities Act INortl)en) Ii'elaiid) 2008.
It is Iny respoi)sibility to..
exaiiiine tlie £iccounts iiiider sectioii 65 of Ilic Cliarities Act..
follom, tlie procediiies laid dowii iii Ilie gei)eral Diieclions &Jiven by tlie Cliarity Coii)ii)ission for
NoAI)eri) Irelaiid ui)der section 65(9llb) of tlie Cliarilies Act. aiid
stale wl)eil)¢r partlCLilar Inatters liave coine to my atientioii.
Basis of indep¢iidenl examiner's rcport
I Iiave examiiied youi. cliarity accoiii)ts as reqiiired under scctioii 65 of ilie Charities Act ai)d iiiy
ex81niiiation was C£irried out iii accordai)ce witli tlic geiieral Dircclioiis giveii by tlie Cliarity
Cominission for Nortlierii Ireland urtder section 65191(bl of tlie Charities Acl.
My ¢xaiiiiiiatioii iiicluded a review of Il)e accouniii)g records kept by tlie cliarity and a Coiiiparison of
tlie aceoiiiits pi'eseiiled ii'iili 11i05e records. It also ii)clLided coiisideratioii of any iiniisiial itcins or
disclosiiies ii) tl)e accounts, aiid seekii)g cxplaiiatloiis from )'oii as cliarity ti'ustees coiicei'iiiiig any such
n)atters.
My role is to state wlictlier any Inatei'ial Inatte151)ave eoine to Iny atteiition giving me cause to believe..
l. Th81 aecouiiting records weir Iiot kept iii accordaiice witli section 6) of tl)e Cl)arities Act
2. Tliat the aecoiiiits do not accoj'd M'itli tliose accoliiiliiig re¢ords
3. Tliat tli¢ accoLiiils do iiot coinply witli the accoiii)liiig requiremeiits of the Cl)ai'ities Act
4. TI￿t tliere is fllltlier iiiforinatioii i)eeded for a proper uiiderstanding of the accounts lo be reaclied.
Independent ex4?miner's statement
Sii)ce yoiii. cliarily's gTOSS incoii)e exceeded £250.000 your examiiier Inust be a Ineinber of a listed
body. I can coiifinii Il)ai l aiii qualified to iii)dertakc tlie exainiTiation because l am a I'egistered
ni¢nibei' of Chaitered Accoiii)lai)ts Iirlaiid ii,hicli is one of tlie listed bodies.
I have completed Inv exaiiiination aiid liave iio coiicei'iis iii respecl of tlie Inait¢15 {1) to (4) listed
above aiid. iii Loiiiiectioii witli follomiji)L tlie Directions of the Charity Coininissioii for Northei-ii
Irelai)d. I liave foiiiid iio iiiattei's tl)at require drciiviiig to yoiir atteiition.
B J fri<l1' FCA {Iiidepeiideiit exaii)inei'l
Cliariei'ed Accouiitants Irelaiid
For ai)d oli bel)alf of
Jacksoii Andreiv5
Cliarieied Accoiiiitl£ Ilts & Slatiitoiy Auditoi.
Aiidrcls Holis¢
60 Great Vicioria Street
Belfast
BT? 7ET
Date..

Page 7
THE EVANGELICAL BOOKSHOP
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 JANUARY 2021
Unrestricted Restricted Totkil Fllnds Total Fiinds
Funds
Funds
2021
2020
Note
Income from:
Income from donations and legacies
Charitable activities
Investinents
Other income
14,448
188,895
14,448
188,895
384.224
41
59,634
59,634
Total
262,983
262,983
384,265
Expenditllre on:
Charitable activities=
Booksliop - trading costs
Bookshop - maiiagicineiit and adiniiiistration
Other
122,822
143,110
9,724
122,822
143,110
9,724
267,054
140,791
1,500
Total
275,656
275,656
409,345
Net (expenditure)lincome for the year
(12,673)
(12,673)
(25,080)
Tr2n$fer between funds
19
10,692 (10,692)
Net movement between funds
(1,981) (10,692)
(12,673)
(25,080)
Reconeiliation of funds
Total funds brougl)t forward
Total funds carried forward
149,249 311,839
461,088
486,168
147,268 301,147
448,415
461,088
The Statement of Finan¢ial Activities includes all gains and losses in Ili¢ y¢ar and therefore
a statement of total re¢ognised gains aiid losses has not beeii prepared.
All of the above amounts relate to continuing activities.
Thè notes on page5 10 to 18 form part of these financial statements.

THE EVANGELICAL BOOKSHOP
BALANCE SHEET
Page 8
31 JANUARY 2021
2021
2020
Nots
ri¥ed Assels
I'aiigibltr assets
12
303,208
315,542
Cui'rent ItSSCts
Debtoi's
Casli <11 baiik aiid iii l)aiid
182,483
20a60
64,261
1)0,414
14
12,638
267,104
181,510
Ci-eilitoi-s: Anioiiiils f4211iiig duc Ii'itliiii oiic )'cgii'
15
(71,897)
135.964}
Tet cui'i'eiil assets
195,207
145.546
Total assets less cul'i'ent liabililies
498,41i
461,088
Cre(litoi's: Amounts fAllina diie Aftei- iiioi'e (lixii
oiie )rear
16
{iO,OOU)
448,41 >
Net ￿$sets
461,088
Cliarity fun(Is
Resti-icted fiiiids
Uiii'esli-icled ii)coine fLlI)ds
17
18
301,147
147,268
311,839
149.249
Total t'uiids
448,415
461,088
-l-liese fili
on tl)e
Icial s
ateiiieiits ￿le1-¢ api)ioved by tlie iiieinbcis of tli¢ coiiiiiiiltee aiid uIIIoi-ised foi. issue
aiid ai'¢ sigiied oil Iliei
If by-.
l-. C Bi'owii
I i-listee
D Walsoi)
Ti'iistce
LL)
Ai)piovcd by tlie ti'uslecs 011

Page 9
THE EVANGELICAL BOOKSHOP
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 JANUARY 2021
2021
2020
Note
Casli floiv from operating activitie5
Net casli flow from operating aelivities
22
1,617
(29.845)
(29,845)
1,617
CAsli floiv from invcsting aetÈvitics
Ii)terest from inv¢stineiitS
41
Net casti floiv [1￿M inv¢sting activities
41
Casli l]oi%' froiii fiiiancing activitics
New baiik loaii
50,000
Net cash lloiv from fingtncing #ctii'ities
Nct decrease in casli and cash equii'rfilcnts
50,000
51,623
{29,804)
Cash an(1 casli equii'alents at I. February 2020
Cash and cash equivalents at 3151 January 2021
12,638
42,442
64,261
12.638
Cash and casli ¢quii'alents consist of:
Casli at bai)L aiid iii liaiid
14,261
12,638
Cash and casli cquivalents at 31" January 2021
12.638

THE EVANGELICAL BOOKSHOP
Page 10
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 JANUARY 2021
PRINCll)AL ACCOUNTING POLICIES
(a) General infoi'mation and basis of pirparation
Tli¢ Evangelical Bookshop is a chai'ity aiid is regisler¢d iii Noril)erii Ii'eland. The address of the
registered office is given in tlie cliai'ily ii)foi'mation on page l of thes¢ financial slateineiits.
The charity is established linder a TrLlSt deed.
Tlie cliai-ity consliliiles a publi¢ benefit ei)tity as defined by FRS 102.
Siateincnt of coi))
liaiice
Tl)e fii)aiicial statein¢iils liave been i)repar¢d ii) accoi.dance ivitli ilie accountii)g policies sel oiit in
not¢s lo tlie fiiiancial stateiiiei)ts aiid ¢oiiiply iviili Il)e el)ai'ity's goveriiino dociimci)t, cliai'ity law
foi. Nortlierii Ii'elai)d and 'Cliarities SORP (fRS 1021 (secoiid editioii
Octobei. 2019)
Accoui)ting <ind Rei)ortii)g by Cl)ai'itics'. Siateiiieiil ol. Recoiniiiended Practic¢ applicable to
cliai'ities pi'epariiig tlieii. accoui)ts in accordance Hjitli tlie fiiiaiicial Reportiiig Staiidai'd ai)plicable
ii) tlie Uiiiled Kiiigdoin and Repliblic of Ireland {fRS 102)-'- tlie -"Fii)aiicial Repoi'lings Siai)daiYi
applicable ii) the Uiiiled Iciiigdoin ai)d Rei)ublic of Ii'eland {FRS 102) (M2( rcli 2018)," Cliarities
Act (Noi'il)¢i'i) Ii'elaiid) 2008. Tlie Cliarities (Accoiiiils aiid Reports) Regulations (Noitliei'ii
Ii'eland) 2015 and UK Geiiei'ally Accepted Accouiitii)g Practice.
Tlie sigjiificaiil accountiii<r i)olicies applied in tl)¢ pi'epar£ition of tl?ese fii)ancial stateiiieiils are set
OLlt below. Tliesc policies l)ave bceii coiisislei)tly applied lo all yeai's presentcd iinless oilierivise
statcd.
Tliese fiiiaiicial staletneiit5 1)ave be¢ii prepared ui)der tl)e historical cost conveiilioii, as 11)odified
by tl)e I'evaluation of fiEeliold property.
(b) Fund a¢couiiting
Uiii'eslricted fuiids
Tlie uiiiEsli'ieled fuiids of Ilie cl)ai'ity consist of a Gen¢i?l FLiiid wl)icli is expeiid£ibl¢ al tlie
disci'etioi) of tlie ti'iistees iii fiiitheraiice of Il)e cl)ai'itable objectives of tlie Charity and ivliicli lias
iiot beeii d¢sigi)ated foi- oil)¢r i)ui'poses.
Resti'icted fiiiids
Resti'i¢led fuiids al'e fiii)ds wliicl) are to Ik Lised ii) accordance witli specific restriclioi)s iinposed
b}, doiiors oi. wliicl) l)ave beeii I'aised by tlie cliai'ily foi- parliclilar piii'poses. Tlie cost of raisi110
ai)d adiiiiiiistei'iiig sucl) fuiids are cl)arg¢d agaii)st Ilie specific fiii)d.
(c) IIicoine recognition
Ii)coiiiiiig I'esouit¢s liavc beei) iiicluded li) Ilie financial statemeiils iising tlie accrlials basis wlien
receivable. 1i)coiiie is derived iiiostly froin booksliop sales. Iiiiiesliiicnt ii)coine is ii)lei'est eari)ed
Il)rougli liolding casli at bai)k.

Page 11
THE EVANGELICAL BOOKSHOP
NOTES TO THE FINANCIAL STATEMENTS (contlnued)
YEAR ENDED 31 JANUARY 2021
PIIINCIPAL ACCOUNTING POLICIES (continued)
{d) xpenditure Ircognition
All eApei)ditiire is accouiited foi. oli acci'iials basis ai)d lias beci) classified iii)der lieadii)gs
tliat abgr¢gate all costs IElated to the cAtegoiy. ExpenditLlI'e is recogiiised wl)ere tlieiE is a
leg<il oi. constructive obligatioii to Inakc paymeiits lo tl)ird parties, 1¢ is probable tl)al tlie
settleiiient will be I'equii'¢d aiid tlie aiiiount of tlie obligatioi) Can bc iiieasiired I'eliably.
Lxpeiidilui'¢ oil cl)ai'itable activities incliidcs cost of sales, salaiy costs, sliop I'uiiiiiiig costs
aiid (Foveriiance costs.
(e) Fiieil assets
All fi.led assets are initially I'e¢orded at cost.
Fitcliold properly ivas I'evalued befoi'e tl)e impleinciitation of finaiicial Repoitiiig Standai'd
15 (FRS 15) effective for accouiiliiig periods endiiig oli oi. aftei. 2Ji'd M21'¢11 2000. Tlie
trai)sitioi)al provisioiis of fRS 15 liave siiice beeii followed and tlierefoiE tlie valiiation lias
iiol been Lipd£lted. Tl)e fi'eehold pi'operty is st<lted at d¢¢iiied cost.
(Q Depreciation
Depi'eciatioii is calciilaled so c2S to wi'ite off tlie cost of an asset, less its cstiinated residual
valiie, ovei. Ilie LisefLII economic life of tliat asset as follows-
Freeliold Pioperty
Coiiipulei. Eqiiipmei)I
rixtures & Fittiiigs
2¢/0 Straiglit liiie
200/¢ 511'aigiii liiie
I 00/0 sli'aiglit liiie
(g) Debtoi% and creditors receivable I payable Ivitliin one y¢ai-
Debtol's <iiid ¢i'ediloi's ivitli i)0 statcd ii)(ei'est l'ate aiid receivable oi. payable ivithii) 01)e year
al'e I'ecoi-ded al ti'aiisactioii pi'ice. Ai)y losses arisii)g froix impaii'iiieiit al'e r¢cogi)ised iii
expenditure.
(l)) Stock
Siocks are iiieasiired at tlie lower of ¢osl ai)d estim<lted selliiig pi'ice less costs to col￿pIct¢
and sell. Cost iiicliides all costs of PLircl)as¢ and otlier costs iiiciii'red in briiigJiiig tl)e stock to
its preseiit locatioii aiid coiiditioii.
(i) Impaii'ment
Assets not Ineasiired at faii. vallie al'e revicived for ai)y ii)dicatioii tl)at tlie assel may be
imi)aiitd at eacli balaiice slieet d<lte. If sucli iiidication cxists. the recoverable ainounl of tlic
asset. oi. tlie 2ssel"s C<islI iJener<i1ing Lll)Il, is estiiiiated and coiiipai'ed to tlie C1( I'ryiiio ainoiiiit.
Where tlie carryii)g aiiioiiiit exceeds its I'ecoverable aiiioLllIt, ai) iinpilil'meiil loss is
I'ecogiiised ii) Il)¢ Sialeii)eiit of Fii)ai)ei<l1 Activities iiiiless tlie asset is cai-l'ied a Tevaliied
amoiii)t wliei'e tlic isni)aii'iiieiit loss is a I'cyalulc tioii decrease.

Page 12
THE EVANGELICAL BOOKSHOP
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 JANUARY 2021
1. PRINCIPAL ACCOUNTING POLICIES (continued)
li) Employee benefits
Shoit terin eiiiployee benefits ai)d ¢oiili'ibLltioiis to d¢fii)ed conti'ibution pensioi) plans are
recogi)ised as an eipeiise ii) tl)e period iii wliicli tliey are iiicuii'ed. Prepaid contribiitioi)s are
recognised as <1n asset to tlie extent tlial tlic pi'eijayiiieiil will lead to a reduciioii in futiire
paym¢iits or a casli r¢fiii)d.
(k) Financial instriiments
A fii)ancial assel or a finaiicial liability is I'ecognis¢d oiily wl)eii tl)e entity becoines a party to
tlie coi)tractual provisioiis of the i11sti.uiiiei)t.
Basic finai)eial insli'iinients are initially I'ecogi)ised al Ilie ti'ai)sactioii price. uiiless tl)e
arraiigeineiit constitutes a fii)aiicinbT Iransactioi), i¥li¢i'e il is recogiiised at the i)resent vallie of
Ilie futLire payineiils discoiiiited <lt 8 iiiai'ket rate of interest foi. a siniilai- debi i1151riiinei)t.
Finaiicial assets that ait iiieasured al Cost or <1lnortis¢d cost are I'evieiiied for objective
evidence of iii)pairiiicnt at the eiid of eacl) i-eportii)g d<lte. If tliei'e is objeclive ¢videiice of
impairinent, ai) itnpairillci)t loss is i'ecogi)ised iii piofit oi. loss ii))iiiedi<ltely.
Financial liabilities and cqiiity iiistrliments ar¢ classified accoi'ding to tlie siibslance of tlie
contractual agreeineiils enler¢d iiito. Ali eqiiily iiistrumei)t is ai)y coiitract tl)<lt evideiices a
residual interest iii tl)e assets of the eiitity after dediictiiig all of its financial liabilities.
(l) GoiDg cojicern
Tl)e fiiiancial slateiiieiits l)ave be¢ii pr¢pai'ed 01) a goii)g eoiicein basis as tl)¢ trLlStees believe
tliat no Inalerial uiicert<lillties exist. Tlie ti'iistees liave coiisidei'ed tl)e level of tuiids Iield 211d
tlie expected level of iiicoine aiid exiKiiditLlIE for 12 1))oiiilis fioin aiithorisiiig tliese financial
stateiiieiils. Tl)e budgeted iiicoiiie and expeiiditlire is sU￿1¢]e7)t with tlie level of resources for
tl)e charity to be able to coi)tiiiiie as a goii)g concerii.
(m) Judgenients and key sourccs of estimation uncertainty
Tlie following jLidgeiiiei)Is iii¢ludiftgJ tliose iiivolviiig estiin<ltes have been Inade in tli¢
process of applyiii(tr tlie above accoiiiitll1
policies tliat liave l)ad Ilie iiiost sigiiificaiil effect
on the ainoLlllts Ircogiiised iii tlie fiiiaiicial slalei))eiils and tl)ai 118ve a significaiil I'isk of
¢aLisiiigT a In<ltei'i&l adjiistmei)I to tlie cariying aiiioiiiits of assets and liabilities witliiii Ilie iiext
finftncial yeai.:
(i) depi'eciation Inethod aiid asset Lisefiil lives
(li) stock piovision
(iii) bad debt provision
Tlie estllll<ltes £l1)d assiiinptioiis al'e I'eviei¥ed on an oiigoii)g b41SiS considei'ing tlie ciirreiil aiid
futiire I￿al.ke1 ¢oi)ditioiis.

Page 13
THE EVANGELICAL BOOKSHOP
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 JANUARY 2021
INCOME FROM DONA TIONS AND CACIES
UJ)i'estricted Restrieted
Fund$
Fiinds
Total UniEsti'i¢ted
Fuiids
Fiii)ds
2021
Restricted
Funds
Total
ruiids
2020
Doi)alions
14,448
14,448
INCOME FROM CHARITABLE ACTIVJTIES
Uni'estrictell Resti'iet¢d
Funils
Funds
Total Unresti'i¢led
Fiii)ds
Fui)ds
2021
Resti'icted
Funds
Total
Fiiiids
2020
Booksliop aiid
oJ)liti¢ sales
188,895
188,895
188,895
384,224
384,224
188,895
384,224
384,224
INVESTMEI NT INCOME
Uni-esti-lcted Ilestrictecl
Funds
Fllnds
Total Uni'esli'icted
Funds
Fui)ds
2021
Resli'icled
Fiinds
Total
riinds
2020
Baiik ii)tei'est
receivable
41
41
OTHER INCOME
Unrestrieted Ilesti-icteil
Funils
Funds
Total Uni'csli'icted
Funds
ruiids
2021
Resti'icted
Fiinds
Total
Fiiiids
2020
Covid gi7nts
Reiital ii)coiiie
56,934
2,700
56,934
2,700
59,634

Page14
THE EVANGELICAL BOOKSHOP
NOTES TO THE FINANCIAL STATEMENTS iconltnued)
YEAR ENDED 31 JANUARY 2021
ANALYSIS OF E4 XPCNDITURE ON CHARITABLE ACTIVITIES
- BOOKSHOP- TRADING COSTS
Unrcsti'ieted Rcstricted
Fiinds
Funds
Total Unrestricted
Fun(Is
2021
Restricted
l-oial
20?0
Booksliop -
fiindrais1i)￿ trading
costs:
Cost of sales
Sliop costs
Posiage,
slationery and
advertisiiig
118,686
118.686
257.777
257.777
4.136
4,136
9.277
9,277
122,822
122,822
267,054
267,054
ANALYSIS OF EXPENDITURE ON CHARITABLf. ACTIVITIES
- IIOOKSHOP- MANAGEMENT AND ADMINISTRATION COSTS
Unrestrieted Restrictcd
Fund.
Fiinils
Total Unrestricted
Fun(Is
Fiiiids
2021
Resti'ict¢d
Total
Fuiids
2020
Booksliop-
iiianageineiit aiid
costs:
Siaff costs
Depreciaiioi)
Establisliinent
costs
Telepl)one
Motor aiid
travel eosls
Conipiil¢l' Cost
Eqiiipnienl
leases
Bank fees and
ci'edit cgiLI
cliarges
Otlier
107,951
107,9SI
12,334
75.504
12,334
75.504
12.334
14J95
14,395
4,714
4.863
2,472
63
2.472
14,i32
14,332
?.361
382
382
1,146
1,146
420
379
420
379
2,696
143,110
143.110
140.791
140.791

Page 15
THE EVANGELICAL BOOKSHOP
NOTES TO THE FINANCIAL STATEMENTS I
continuedj
YEAR ENDED 31 JANUARY 2021
GOVERNANCE COSTS
Total
2021
Total
?o?o
IndepeJ)deiit ekaniiiier s reinuneration
Consultaiic), fees
Trusiees reinLiiieratioi)
Trustees, expeiis¢s
3,724
6,000
l.iOO
9.724
I,iOO
NET EXPENDITURE FOII THE YEAR
I'liis is slated after cl)ai'giiig'.
2021
2020
Depi'eciatioii
12,334
10. INDEPENDE4 NT EXAMINER'S REMUNEIIATION
Tlie iiidependent exaniii)er s reinuiieration ainouiits lo a fee of £3.724 (2020 £1.500).
11. STAFF COSTS, TRUSTEES AND KEY MANAGEMENT PERSONNEL
REMUNERATION AND CXPENSES
Total staff ¢osts M'crc as folloii's:
2021
?o?o
Waoes ai)d salaries
Social securily costs
Otliei. pei)sioii costs
93.915
.328
12,708
70.779
1,057
107,951
75.504
Particular5 of employees:
Tlie averagc IiLiiiibei' of einployces dLiriiig Ilie yeai.. calculated on tlie basis of full-lime
equivalei)Is, H'as as follows..
2021
2020
No
Niiii)b¢r of adininistrative aiid sellii)kT staff
No einployec received reiniii)eratioii of iiioi'e tliai) £60.000 diii'iiig? tlie year (20?0 - Nil).
Tlie ti'ustees iieiiliei. ieceived nor W<iived ai)y I'einiiiier¢ltioii dLII'inLTr tlie ye81. (2020 £Nill aiid Iioiie
are acci'Liiiig peiision bcnefits {2020- iioiiel.
I'lie triisiees did not liave aiiy expeiises reisiibiii'scd dLlI'iiig ilie slleai. (?O?O- £Nil).
Tlie ke), iiiaiiageii)eiit persoiiiiel are coiisidei'ed io be Il)e ti'iistees £ind tl)e total *lllOLinl of
ieiiiuiiei'atioii aiid eiiiploye¢ beiiefits rettived b), ke), Ink)lii¢ geineiit persoiiiiel is £Nil (2010
£Nil).

Page 16
THE EVANGELICAL BOOKSHOP
NOTES TO THE FINANCIAL STATEMENTS (
continued)
YEAR ENDED 31 JANUARY 2021
12. FIXED ASSETS
Fi￿th01(1
pJ'op¢rty Equipnient
Fixtui-es &
Fittings
Total
COST
At l Febriiary 2020
Additions
534,657
31,055
30,466
596,178
At 31 Januairy 2021
534,657
31,055
30,466
596,178
DEPRECIATION
At l F¢bi'iiaiy 2020
Cliarge for Ilie yeai.
At 31 Januai'y 2021
222,818
10,69?
31.055
26,763
1,642
280.636
233,510
31,055
28,405
292,970
NET BOOK VALUE
At 31 Januaiy 2021
At 31 Jai)uaiy 2020
301,147
2,061
303,208
311.839
3,703
315,542
ri'eeliold properly was revalLied before Il)e iinpleineiitation of Fiiiai)¢ial Reporting Staiidard 15
{FRS 15) effective for <lCCOlllltiiig i)eriods endii)g oli or after 231'd Mai'cl) 2000. Tlie ti'aiisitional
provisioi)s of l.-RS 15 wei'e folloived aiid tliei'etoi'e ilie valuatioii was Iiot iipdaled. Oli Ii'aiisition to
Cliarity SORP (FRS 102) the fitel)old pi'opeity was slated at deeined cost.
13. STOCK
2021
2020
Stock
182,483
130,414
14. DEBTORS
2021
2020
Ti'ade debtoi's
VA T recoverabl¢
Otlier debtors
10,989
4,173
34.061
3,886
20J60
38,458
15. CREDITORS:AMOUNTS FALLING DUE WITHIN ONE YII AR
2021
2020
Baiik loaiis and overdrafts
Trade ci'ediloi's
O(lici- ci'editoi's
PAYE &NIC
Accriials ai)d defei'red incoiiie
28,792
12,386
949
29,770
23.951
2,507
7,006
2.500
71,897
35.964
Otliei. creditors ii)clLide a loai) of £ l ? 000 froni a triistee I'epayable oil deinand on an ii)t¢rest fl'ee
b<lSI5.

Page17
THE EVANGELICAL BOOKSHOP
NOTES TO THE FINANCIAL STATEMENTS {¢ontsrJued)
YEAR ENDED 31 JANUARY 2021
16. CREDITORS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR
2021
2020
Bai)k loai)s
50,000
50,000
17. RF.STRICTF.D FUNDS
Balaiice at
l Feb 2020
Balanec at
Inconic Expenditui-e Transfers 31 Jan 2021
Restricted Fund
311,839
(10,692)
301,147
Balance 1£ t
l Feb 2019
Balaii¢e at
31 Jaii ?O?O
Income
Expeiiditure Tra115fers
Restricted Fiiiid
322.531
{10,692)
il 1,8J9
Resli'i¢ted fiiiids al'e fiii)ds ivliieli are lo be iised iii accordaiic¢ witli spccific rcslrictions iiiip05ed
by doiiors or wliicli have been raised by tl)e cliarity foi. particulai. purposes. Tlie cosi of 12isiiig
aiid admiiiisleriiig sueli funds are ¢harged agaiiist tlie specific fuiid.
18. UNRESTRICTED FUNDS
Balance t
I rieb 2020
Balance At
Inroine Cxpcn(litui'e Traiisfers 31 Jan 2021
General Funds
149.249
262,983 (275,6i61
10,692
147.268
Balance at
l Feb2019
Balaiice at
i l Jan ?020
liicoine
Expei)ditiire
Transfers
Geiieral FLllids
163.637
384,265 (409.345)
10.692
149,?49
Tlie Lillifstricted fLiiids of tlic charity consist of a Geiicral Fuiid ii,hicli is expeiidable al tlie
disci'etion of Ilie Ii'iislees iii fiiril)erai)ce ol- Ilie cliaritable objeclives of Ilie cl)ai'ily and wliicli lias
iiol beeii desigi)ated for otliei. purposes.
19. TRANSFERS BETWECN FUNDS
Thc aiiioiint sliom'ii as tl'iliisfei-s is tl)e dei)recii£ tion 011 Ilie restricled fi-eeliold property which is
trdiisfei'ied to ieslricied fuiids oli tlie Iraiisfei. liiie in tlie Stateineiit of Finaiicial Activities.

Page 18
THE EVANGELICAL BOOKSHOP
NOTES TO THE FINANCIAL STATEMENTS (contlnuedl
YEAR ENDED 31 JANUARY 2021
20. ANALYSIS OF NIIT ASSETS BCTWEEN FUNDS
Tangiblc
rixc(l assets
Otliei. nct
assets
Total
2021
Restricted Funds".
Restricted Fund
Unresti'ieted Income Funds
301,147
301,147
147,268
147.268
Total Funds
301,147
147,268
448,415
Tai)gible
fixed 855et5
Otl)ei' iiet
assets
Toial
2020
Restricted Fiiiids..
Restricted Fiiiid
Unrestricted Iiicoiiie FLiiids
JI 1.8)9
311.839
149,249
145.546
Total Fui)ds
315,542
145.546
461.088
21. RICONCILIATION OF NET INCOMIIIEXPENDITURE) TO NET CASH FLOW
FROM OPCIIATING ACTIVITIES
2021
Net expendilui'e foi. the year
Iiitei'est ieceivable
Depieciation
(Iiicreasel in stocks
Decreasel(Iiicreasc) iii debtors
Increase iii creditors
{12.673}
(61
12,334
(52,069)
18,098
35,933
{25,080}
141)
(2i.J76)
(10.460)
16.778
Net ca511 flow froin operating activiiies
1,617
129.845)
22. ANALYSIS OF CHANGES IN NET DEIIT
Balance at
I reb 2020
Bftlance at
Casl) flow 31 Jan 2021
Long teiin borrowiiigs
Totcil liabilities
50.000
50,IJOO
50.000
50,000
Casli ai)d casli equivalenis
Net debi
(311.8J9}
1311,8391
1311,839)
(261,839)
50.000
23. RELATED PARTY TRANSACTIONS
Otlier creditors iiicliide a loaii of £12.000 froiii a tl'LlStee i-epayable oli deiiiai)d 01) uii interest free
basis. Tliei'e M(ere lio otlicr related party ti.a1￿aCllo1lS dLlI'iiig? tl)e period120?0.. £ iiill.