Company Registration No. N1070123 (Northern Ireland) THE MYRTLEFIELO TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 IDS Chart•rod A¢¢¢unlants LLP 23125 Queen Street COLERAINE Co Londonderry BT52 1 BG
THE MYRTLEFIELD TRUST CONTENTS Pa99 Legal and administrab've information Truslegs, report Indop8ndent examln6rfB roport Statement of financial activiti&s Balance sheet Notes to the financial statements 9.18
THE MYRTLEFIELD TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trusto0s Oaniel Crookes Kok Lee Mr J Johnston Mr D J Walwn (Appointed 24 July 20231 (Appviiiled 13 Febi uary 20231 Charlty numb•r 101940 Company numb8r N1070123 Registered office S Pine Hill LISBURN Co Antrim BT27 SPL Ind•pundent •xamln•r IDS Chartered Accounlanls LLP 23125 Quaan Street COLERAINE Co Londonderry BT52 18G Banker¥ Danske Bonk 22 The DiarTh)nd COLERAINE Co Londonderry 8T52 1DE Sollcltors H8witt & GIIFln 8 High Str881 HOLYWOOD Co Down 8T18 9AZ
THE MYRTLEFIELD TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2023 Th8 Truste8s pr85ent Iheir annual report and financial stat8rnent5 lor the y8ar ended 31 D8cetnb8r 2023. The 8¢ctsunls have been prep8reé in Ordenee wilh the 8¢¢ounting policies set out in note 1 to the 8¢¢ount$ 8nd comply with the Trust's Metnorandutn, the Companies Act 2006 and "Accounts"ng and Reportsng by Charities. Staletnent ol Recorntnended Practicp applicable to charitie5 preparinq Iheir accounts in accofdance with the Finanelal Reporting Standard appllcable in the UK and Republlc of Ireland IFRS 1021 lerrective 1 January 20151" Oblg¢tlve$ and a¢llvStl&s The objectives ol the Myrtlefield TILJSI. as staled in the Myrtlefield Trusl Memorandum ol Assory8lion. are.. 11 The propagation and disseminatian, in all parts ol the world, al the truths and daatrines of the Christian Farth. 21 Tho lurtherance and gn¢ourag8m8nl, in th8 Uni18d Kingdom and thg Rgpubli¢ c)1 Irgl¥nd and abroad. ol Chrigtsan leaching and education and advancement ol the Christian Faith. Specifically, the Trusl looJs¥s on Ihe truths and d¢Xtrin¢g of the Christian Faith as gxplain&d and $xp)unded in Ihtr archive of books, writing5. audio and video rewrdings authored by the late Prol David Gooding. and n some cases c0-authod with Prof hn Lennox Iknown as the Myrtlefield Archive). Most of the resources in the chiVe are in English, bul il also wnlains an in¢rg¥sing numb91 01 Iranslalions or $919fj1gd English books from Ar¢hivp into olher languages. In pursLJit ollhese objectives. the Trustees have undertaken the following three main actiwties. 11 Propagallon and dlss8mSnatlon of Myrtlafleld Trust book$ Th8 Myrtleli8ld Trust undertakes the publishing ol the Myrtl8field Archive as English R8sourc85. in two main ways-. Ill Tho prlnlin9 and dlstrlbullon ol $o19¢19d bogks from lh9 Archivg In varlou$ parts of the world. Thg Trusl usgs a rango 01 public8lion and distribution tnode15, including direct printing and delwery by Myrtlelield Trust, joint funding wilh other Trusts, and partnerships with third party publishing house5. Iiil Increasingly, puL)Iicalion Is online, via Ihg websites. In sorve Ca8, we make us9 ol direct lo cu8lomer service ol major prinl-on-dernand providers. 21 Transcrlptlon of Myrtl•ll•ld Trust books Th6 Trust manages the Iianslation of selected books from the Myruelield Archive into other languages. This is in keeping particularly with Objeclwe 1 above.. the propagation and dissttminati)n, in all parts of thts world, ol Ihtr truths and doctrines ol the Christian F8ilh. We aim to rn8ke these Translated Resources available in1gngU8oes where we see 8 clear need and Ih6r8 oxists 8 desire from readèrs in that language,
THE MYRTLEFIELD TRUST TRUSTEES. REPORT ICONTINUED}(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2023 31 De¥glopnont of addltlonal resou5 from tho Myrtl¥fl¢ld Archl¥& Much ol the Myrtlefield Archive is the form of audio and video recDrdings of18aching on the Christian Fath by David Gooding, In English, and transcripts of the same. The Myrtlefield Ttusl has begun work to see Ihis rnateriol Converted Into books ol David Gooding's 18aching largeled at Ihre8 audienc85'. beginner, inleim8diate and advanced, with books ol corr8sponding length. All ol thes8 aspècts of Ihè work ara in ktreping particularty with Objective 2 abovè.. th& lurth6ran¢& and ancouragemanl, in the Unit8d Kingdom 9nd the RepLiblic of Ir81gnd and abroad, of Christi9n t8aching and educglion and gdvanc8ment of the Christian Faith. The Myrtleliald Trust op8rales three websites that make available the online publications from the MlIefIeld Archive.. vMw.myrtlefleldhouse.¢orn Thlg hlgh bandwidth websile has conllnued lo reach now and exlsfjng audSences across the glnhp 11 makR avAilaNÉ+ majnr parf af th8 hnnk8, tran.8r.ripts And audin r8rAJrdings frnm th8 Myrtl8fi8ld Arrhiv8. Onlin resources are m8de 8vailable free ol ¢herge and traditional print books con be purchased through p*ner distributors and indeptsndenl bookshops. mh316.com The design of whBt was lormerfy keybibleconcepts.org is intended to see those who hzve access Dnly to low b8ndwldth Inlorngt conne¢tlon. Curr8nlly, is also malnly throLJgh th8 8118 through whlch we dlslrbulo book8 Sn translation. vrnw.myrtlefleld&spanol.com Curronlly, Ihl8 sl1& has four new 6dlllons of our Sp8nl8h books avallable. Together, the three websites are intended lo make available a significant portion of the resources from the Myrtlelield Archive. Indudlng.. books Iln varloug machlne-roadable formol$, In varlou8 languagesj, Iran8¢rlpls. and audlo &nd vi¢J¥u rttLurUiriy¥, diiij Ir¢iri&ldliuiib ul piiiil¥d rtr¥uurb¥b. WebgSle d8velopmenl, In¢lLJ(Jlng occaslonal rode$lgn8 and re-hOsng, Is an ongolng proc888. Th8 Trusl has 80U9hl lo evelop in-house web design capability lo deliver the material via ils websites in 3 more cost effective manner while allowing lor greater flexibility to accommodate new resource5. This aGtivily Gontiibules to both ObjeGtives 1 aiid 2 abovp. The Trustees have paid due regard lo guidance issued by the Charity Comrnission in deciding what activities the Trust should undériaka. 11 Pr¢pagatlon ond dbsemlnauon of Myrtlgfleld Trust book$ In Engll$h During 2022, the Myrtlelield Trust undertook Ihe printing andlor distribution Iwhelher directly or through prinl.licensingl of selected books in the 7Yrtlefield 9rchive in.. Afrfca South, Csntral and North Am¢ri¢a Asia Middl8 Ea5l Augtralialocèania Europe Digital vetsions of threg books". Joum8ys with J8sus, Bnnging Us to Glory and Windows on Paradise, w8ro prapared and made avallable lor free Oownload. Ediling work was completed on Isrge. published volurn&s'. a collection of David Gooding's cort8spondgnce, and a daily devotional cotnpiled from the Myrtlefield Archive. Editing work conlinued on a single volurne containing all that he taught on John's G)spel.
THE MYRTLEFIELD TRUST TRUSTEES. REPORT ICONTINUED}(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2023 21 Translatkn of MyrUofi¢ld Trust book5 In 2023 significant progress was made in our Arabic translations. Publical'on work began on the six Quest bwks i Arabic, through partnets in LebatK)n. Three further Arabic books are now published in Arobic, with work continuing on a fourth. Tran51alion woth into Chinese conlinued. a5 did 8diling work in Spanksh. Work was commenced on one book in Croatian, and one in Romanian. 31 Development of additional resources from the Myrtlefield Archive Throughoul the year, the websites continued lo be updaled with new maleri81. and resources from all three We aocessed YrldwIde. Bibli¢o1 Insi9hts with David Gooding, a Myrtleliold pod¢a$t, was $u¢ces$lully1oun¢hed. These ore 15-20 minutes segtnenl$ ol $grmons Ihal arg ¥iiangod conculivoly lo bg uploadgd on podc8s1ing plarform$. Each $gri¢s is MpriSed oy several episodes. There were 3,300 downloads In 2023. In 8 joint projg¢t wilh a production company in the Middle East. a video piojecl introducing the GoodinglLennox serieg on Worfdview was recorded and produced in both English and Arabic, with release planned lor 2024. R•port on Publle Bènèflt lal B•nofft A measure of the extent of the benefit received through the activities of the Myrtlelield Trust is the nurnber ol people who havs racèivgd thè teaching conlainèd in thè Myrtlafièld Archivè concsrning the Irulhs and doclrin•s of tha Chfislian Failh propagated di559tnina18d by the Myrt19fi8ld Trust. as 513tgd in Ihg Myrtlglield Trust M8rnorandurD ol Association. Thls gxtgnl ¢on1orggly be rn9asur9d by Ihg numbgr of Iprint9dl books ¢Jlslrlbuled, and by th9 numbfrr of accesses lo Ihg igital material available on the two websites. In 2023, 46,849 books w8r8 dlslrlbul8d 811her through sal• or Ir88. and approxlmat8ly 21,000 fr88 audlo fl185 W818 ownload•d from around th• world. Our maln w8bslla. myrflèflaldhou$g.¢om, h8d 32,304 vlsilors, wth 171,198 p8ge vlews. Th8 $119 mh316.com h8d 6,686 151tor5 With 15,605 page VI&W5. W8 can now 1811 the lot81 lèngth ol timo p•opl• sp8nl whi18 Using our resourc85 onlinè.. Book5.' 20.406 minutes1340 hour51 Sèrmons.. 148,738 minul•s12479 hours) David Gooding Answers.. 56,2421937 hoLKsI Vldètrg,, 623.880 minut¥$110,398 hours} Th8rtr havtr bo•n signthcant Sncr•as•s y•ar on year. which may ow• in part a different methodology us8d, and a chang8 in how Google Analylics m8asures ils slats. W8 are as confid8nt a5 W8 can be In these figures,. however, w8 do nol lake them for granted and regularfy assess how we can best Ir8ek u$8ge, and Improve IhÈ ways In which we measure personal interaction with our resources. The facl that Ihe materiyl 15 benefi-ial, rather than harmful, is based on other qualitative data. including the fact tiat 8 number ol training colleges around the world have requested land r&c¥ivedl th8 malerial and are using il in their education programm8s.
THE MYRTLEFIELD TRUST TRUSTEES. REPORT ICONTINUED}(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2023 Ibl Publl The reported distribution of books lo many countries. and the fact that th8 online Myrtlefiekl Archive is available globally and Iieely via the tvrfo websitès, is evidence that the benefit is public. Printed copi8s ol some ol the books are available lor sal& via both online and traditsonal retailers. All royalties results'ng from these sales are led back into the Myrtlelield Trust to further ils activities, rather than providing private benefit lo any of the Trustee8. Slgnalod r•8¢rv¢s The Iruslees have designated reserves with a view 10 purchasin9 new office premises for the work ol Myrllelield. Depending on what 1$ available, the same buildin9 may olso provide in¢om¢, 01 o S¢Porale building wrchased to 9eneral¢ in¢ome, in ordgr to supwrt this ongoing work Finan¢ial review It is the policy ol the Trusl that unrastricled funds whlch have not bgan dgslgnatad for a spacsfic usé should be maintalngd at a level equivalent to between three and six fflonlh's expenditure. The Tru51ees consider that reserves al this level will ensure that, In the event of a Significant drop in funding, they will be able lo continue the Trust'5 current aclivilie5 while consideration is giv8n to ways in which additional funds may b8 rais8d. This18v•I of r8serv8s has b8en mainlain8d Ihroughoul the year. The Trustees h8v6 8s88ssad the major ri8k$ 10 which the Trust is exposed, and are satisfied that $y$ittms are in place lo mitigate exposure to Ihe major risks. Slru¢lur•. goveman¢i and managemont The Trust is a compony limited by 9uar4ntee. Th8 Trustèes, who are also thè dlrectors lor thè purpose of company law. and who sèrvèd durlng thé yèar and up to thè 81* ol s1gnatu of the finan¢lal slalemenls We.. Arthur P Willigmson Daniel Crookeg Kok Onn L99 John C Lennox Nlr J Johnston Mr O J Watson (Resigned 11 September 20231 IResign8d 13 FBbruary 20231 (Appointed 24 July 20231 IAppoinled 13 Fèbruary 20231 None of the Trustees ha5 any ben8licial interest in the company. Al ol the Trustees are nMberS of Ihe company and guerantee to contribute £1 in the event of a winding up. Truslg9s orp apptsinled by Ihg Board of Tru$lges and $grvg lor an indelinile pgriod, health pprtnillin9. Those Trustegs who were serving al the end of the year are listed on page 1. Th8 Trust•8s ni8¥t twic8 par y¥ar. No Trustee Is rernuneraled for thelr servlces as a Trustee, but they are relmbursed for authorI5ed pa)ments they rnake In expediting the work of the Tru51. The Trustees. report was approved by the Board of Trustees. Daniel Crooke8 Dated.. 30 S8plemb8r 2024