Scripture Union (Northern Ireland)
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2023
2023
Restricted
funds Total funds
2022
Unrestricted
funds
Totsl funds
Note
Income and endowments
Donations and legacies
Charitable activities
Other trading activities
Investment income
Other income
348,716
226,875
8,842
2,046
12,922
295,347
644,063
226,875
8,842
2,046
12,922
894,748
1,674,279
135,766
8,015
484
59,649
Total income
599,401
295,347
1,878,193
Expenditure
Expenditure on raising funds..
Costs of other trading activities
Expenditure on charitable activities
Total expenditure
10
11
16,777
692,091
16,777
966,035
982,812
16,854
769.153
273,944
708,868
273,944
786.007
Net (expenditure)lincome
(109,467)
21,403
(88,064)
1,092,186
Transfers be￿een funds
47,375
{47,375)
Net movement in funds
(62,092)
(25,972)
{88,064)
1,092,186
Reconciliation of funds
Total funds brought forward
Total funds carried forward
1,653,992
1,591,900
283,649
257,677
1,937,641
845,455
1,849,577
1,937,641
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 19 to 30 form part of these financial statements.
16

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Statement of Financial Position
31 March 2023
2023
2022
Note
Fixed assets
Tangible fixed assets
16 1,194,196
1.195,010
Current assets
Stocks
Debtors
Cash Investments
Cash at bank and in hand
17
18
19
400
9,082
274,982
389,151
673,615
400
303,757
124,975
335,261
764,393
Creditors: amounts falling due within one year
Net current assets
21
18.234
21,762
742,631
1,937,641
655,381
1,849,577
Total assets less current liabilities
Net assets
1,849,577
1,937.641
Funds of the charity
Restricted funds
Unrestricted funds
257,677
1,591,900
283,649
1,653,992
1,937,641
Total charity funds
22
1,849,577
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
These financial statements were approved by the board of trustees and authorised for issue on 14
November 2023, and are signed on behalf of the board by..
R Craig
Trustee
The notss on pages 19 to 30 form part of these financial statements.
17

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 March 2023
2023
2022
Note
Cash flows from operating activities
Net (expenditure)lincome
(88,064) 1,092,186
Adjustments for
Depreciation of tsngible fixed assets
Other interest receivable and similar income
Interest payable and similar charges
Accrued (income)lexpenses
17.615
(2,046)
1,938
(6,001)
14,036
{484)
1,643
5,661
Changes in."
stocks
Trade and other debtors
Trade and other creditors
600
(196,734)
(1,708)
915,200
294,675
140
Cash generated from operations
218,257
Interest paid
I nterest received
(1,938)
2,046
(1,643)
484
Net cash from operating activities
218.365
914,041
Cash flows from investing activities
Purchase of tangible assets
Proceeds from sale of tangible assets
Net cash used in investing activities
(16,801) 11,180,827)
3,290
(16,801) (1,177,537)
Cash flows from financing activities
Proceeds from borrowings
Net cash froml(used in) financing activities
2,333
2,333
{1,130)
(1,130)
Net increasel(decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
203,897
460,236
(264,626)
724,862
20
664,133
460,236
The notes on pages 19 to 30 form part of these financial statements,
18

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2023
General information
The charity is a public benefit entity and a private Company limited by guarantee, registered in
Northern Ireland and a registered charity in Northern Ireland. The address of the registered office
is Beechill Business Park. 96 Beechill Road, Belfast, BT8 7QN.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (Charities
SORP {FRS 10211 and the Companies Act 2006.
Accounting policies
Basis of preparation
The financial ststements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity-
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates
and assumptions that affect the amounts reported. These estimates and judgements are
continually reviewed and are based on experience and other factors, including expectations of
future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through
the terms of an appeal, and fall into one of sub-classes.. restricted income funds or endowment
funds.
19

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Financial Statements {continuedJ
Year ended 31 March 2023
Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity,. it is probable that the economic benefits associated with the transaction will
flow to the charity and the amount can be reliably measured. The following specific policies are
applied to particular categories of income..
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the accounts
when received if the value can be reliably measured. No amounts are included for the
contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings ofthe statement offinancial
activities to which it relates-.
expenditure on raising funds includes the costs of all fundraising activities, events, non-
charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the charity
nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity- Shared costs are apportioned
be￿een the activities they contribute to on a reasonable, justifiable and consistent basis.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The
aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term,
on a straight-line basis.
20

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Financial Statements (contlnuedj
Year ended 31 March 2023
Accounting policies (contlnued)
Tanglble assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated
depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded
at the fair value at the date of revaluation less any subsequent accumulated depreciation and
subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except to which it offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value,
over the useful economic life of that asset as follows:
Freehold property
Fixtures and fittings
Equipment
2 % straight line
25 % reducing balance
10 % reducing balance
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. IAlhere the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount
of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit
to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets
that includes the asset and generates cash inflows that largely independent of the cash inflows
from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabilities of the charity
are assigned to those units.
21

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Financial Ststements (continued)
Year ended 31 March 2023
Accounting policies (continued)
Stocks
Stocks are measured at the lower of cost 2nd estimated selling price less costs to complete and
sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing
the stock to its present location and condition.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a paty to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
Current assets and current liabilities are subsequently measured atthe cash or other consideration
expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured
reliably, the investment is subsequently measured at fair value with changes in fair value-
recognised in income and expenditure. All other such investments are subsequently measured at
cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is not a market rate, in which case the asset is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrLbment.
other financial instruments are subsequently measured at fair value, with any changes recognised
in the statement of financial activities, with the exception of hedging instruments in a designated
hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at the end of each reporting date. If there is objective evidence of impairment, an
impairment loss is recognised under the appropriate heading in the statement of financial activities
in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually
significant, these are assessed individually for impairment. Other financial assets are either
assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised.
22

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Financial Statsments (continued)
Year ended 31 March 2023
Limited by guarantee
Scripture Union is a company limited by guarantee and accordingly does not have a share capital.
Every member of the company undertakes to contribute such amount as may be required not
exceeding £1 to the assets of the charitable company in the event of its being wound up while he
or she is a member, or within one year after he or she ceases to be a member.
Donations and legacies
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Donations
Donations
E3 Project
International Projects
253,571
253.571
295,347
16,573
295,347
16,573
Legacies
Legacy
78,572
78,572
644,063
348,716
295,347
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Donations
Donations
E3 Project
International Projects
269,746
269,746
291,592
10,497
291,592
10,497
Legacies
Legacy
1,102,444
1,102,444
1,382,687
291,592
1,674,279
Charitable activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Camps and Missions
Special Events and Training
219,227
7,648
226,875
219,227
7,648
226,875
133,948
1,818
135,766
133,948
1,818
135,766
23

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
Other trading activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Resource income
8,842
8,842
8,015
8,015
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Bank interest
2,046
2,046
484
Other income
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Furlough
Rates refund
Rent
12,922
12,922
12,922
12,922
Unrestricted
Funds
Restricted Totsl Funds
Funds
2022
Furlough
Rates refund
Rent
20,712
13,039
25,898
46,610
13,039
33,751
25,898
59,649
10. Costs of other trading activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Costs of other trading activities - Shop
costs
16,777
16,777
16,854
16,854
24

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
11. Expenditure on charitable activities by activity type
Activities
undertaken
directly
Support Total funds
costs
2023
Total fund
2022
To promote the word of God
Governance costs
746,868
213,076
6,091
219,167
959,944
6,091
762,950
6,203
769,153
746,868
966,035
12. General support
Analysis of
Support
Costs
Total 2023 Total 2022
Staff costs
Premises
Communications and IT
General office
Human resources
Governance costs
59,004
53,791
19.197
70,203
10,881
6,091
59,004
53,791
19,197
70,203
10,881
6,091
57,914
28,993
19,009
59,503
14,082
6,203
185,704
219,167
219,167
13. Net (expenditure)lincome
Net (expenditure)lincome is stated after chargingl(crediting)'.
2023
2022
Depreciation of tangible fixed assets
Operating lease rentals
Fees payable for the audit of the financial statements
17,615
64
4,153
14,036
36
5,140
14. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
2023
2022
Wages and salaries
Social Security Costs
Pension costs
506,941
40,602
478,862
36,615
563,232
529,756
The average head count of employees during the year was 25 (2022.. 25). The average number of
full-time equivalent employees during the year is analysed as follows..
2023
2022
No.
Number of staff
25
25
No employee received employee benefits of more than £60,000 during the year (2022-. Nil).
25

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
14. Staff costs (continued)
Key Management Personnel
Key management personnel include all persons that have authority and responsibility for planning,
directing and controlling the activities of the charity. The total compensation paid to key
management personnel for services provided to the charity was £86,065 (2022: £82,663).
15. Trustee remuneration and expenses
The charity trustees were not paid or received any other benefits from employment with the Charity
in the year (2022.. £Nil). No charity trustee received payment for professional or other services
supplies to the charity (2022.. £Nil).
The key management personnel of the charity comprise the Trustees, General Director and
Finance & Operations Manager. The total employee benefits of the key management personnel of
the charity total £86,065 (2022= £82,663}-
16. Tangible fixed assets
Freehold
propety
Fixtures and
fittings Equipment
Land
Total
Cost
At 1 April 2022
Additions
365,305
807,500
81,694
1,359
83,053
104,918 1,359,417
15,442
16,801
120,360 1,376,218
At 31 March 2023
365,305
807,500
Depreciation
At 1 April 2022
Charge for the year
At 31 March 2023
7,306
7,306
14,612
64,825
1,458
92,276
8,851
164,407
17,615
66,283
101,127
182,022
Carrying amount
At 31 March 2023
350,693
807,500
16,770
19,233 1,194,196
At 31 March 2022
357,999
807,500
16,869
12,642 1,195,010
17. Stocks
2023
2022
Finished goods and goods for resale
400
400
26

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Financial Statements fcontinuedj
Year ended 31 March 2023
18. Debtors
2023
2022
Trade debtors
Other debtors
31
9,051
297
303,460
303.757
9,082
19. Cash investments
2023
2022
Short-term deposits
274,982
124,975
20. Cash and cash equivalents
Cash and cash equivalents comprise the ft)Ilowing-.
2023
2022
Cash at bank and in hand
Short-term deposits
389,151
274,982
335,261
124,975
664,133
460,236
21. Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
Trade creditors
Accruals and deferred income
Social security and other taxes
2,333
1,564
6,850
7,487
1,184
12,851
7,727
18,234
21,762
27

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
22. Analysis of charitable funds
Unrestricted funds
At
1 April 2022
At 31 March
2023
Income Expenditure
Transfers
General funds
Capital Building Funds
1,503,618
150,374
599,401
(708,868)
47,375
1,441,526
150,374
1,653,992
599,401
{708,868)
47,375
1,591,900
At
1 April 2021
At 31 March
2022
Income Expenditure
Transfers
General funds
Capital Building Funds
436,260
150,374
1,560,703
(547,145)
53,800
1,503,618
150,374
1,653,992
586,634
1,560,703
{547,145)
53,800
Restricted funds
At
1 April 2022
At 31 March
2023
Income Expenditure
Transfers
E3- East Belfast
E3- North Coast
E3- Ballymena
E3- North Down
E3- Antriml Lisburn
E3- South East Antrim
E3- Fermanagh
Camps Support a Child
Project
E3- Omagh and
Castlederg
E3 - North West
E3 - North Belfast
31,896
9,591
26,818
43,349
5,899
38,155
27,825
30,196
37,643
36,576
25,542
23,216
20,445
35,740
(23,543)
(29,272)
(26,312)
(28.122}
(27,6811
126,198)
{29,608)
{5,280)
{5,280)
(5,280)
(5,280)
(1,434)
(5,280)
(5,280)
33,269
12,682
31,802
35,489
27,122
28,677
1,665
1.665
3,813
41,110
53,528
26,358
33,352
26,279
(26,470)
(29,971)
(26,767)
{3,7011
{5,280)
{5,280)
39,211
47,760
283,649
295,347
(273,9441
(47,375)
257,677
28

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
22. Analysis of charitable funds (continued)
At
1 April 2021
At 31 March
2022
Income Expenditure
Transfers
E3- East Belfast
E3- North Coast
E3- Ballymena
E3- North Down
E3- Antriml Lisburn
E3- South East Antrim
E3- Fermanagh
Camps Support a Child
Project
E3 - Omagh and
Castlederg
E3 - North West
E3 - North Belfast
25,849
3,308
18,605
45,700
6,914
44,788
20,204
35.952
38,325
29,656
28,474
25,688
20,673
40,031
(23.6251
(26,762)
(16,163)
(25,545)
{21,423)
{22,0261
(27,130)
(6,280)
(5,280)
(5,280)
{5,280)
(5,280}
(5,2801
(5,280)
31,896
9,591
26,818
43,349
5,899
38,155
27,825
1,665
1,665
4,550
34,334
52,904
30,239
38,542
29,910
317,490
(25,696)
(26,486)
(24,006)
(238,862)
{5,280}
(5,280)
(5,280)
(53,800)
3,813
41,110
53,528
283,649
258,821
Fund transfers represent amounts contributed from each E3 Project area towards central costs.
29

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
23. Analysis of net assets between funds
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
1,194,196
415.938
(18,234}
1,591,900
1,194,196
673,615
(18,234)
1,849,577
257,677
257,677
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
1,195,010
480,744
{21,762)
1,653,992
1,195,010
764,393
(21,762)
1,937,641
283,649
283,649
24. Taxation
The charities activities fall within the exemptions afforded by the provisions of the Income and
Corporation Taxes Act 1988. Accordingly, there is no taxation charge in these accounts.
25. Analysis of changes in net debt
At
At 1 Apr 2022 Cash flows 31 Mar 2023
Cash at bank and in hand
Debt due within one year
Current asset investments
335,261
53,890
(2,333)
150,007
389.151
(2,333)
274,982
124,975
460,236
201,564
661,800
26. Related parties
There were no related party transactions during the year.
30