Scripture Union (Northern Ireland)
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2024
2024
Restricted
funds Total funds Total funds
2023
Unrestricted
funds
Note
Income and endowments
Donations and legacies
Charitable activities
Other trading activities
Investment incom8
Other income
490.144
252.087
8,010
15,350
35,175
344,307
834.451
252,087
8,010
15.350
35.175
644.063
226,875
8,842
2,046
12,922
Total income
800,766
344.307
1,145.073
894,748
Expendituro
Expenditure on raising funds:
Costs of other trading activities
Expenditure on charitable activilies
Total expenditure
10
11
15,775
733,569
749.344
15.775
1,010,389
1.026,164
16,777
966,035
982,812
276,820
276.820
Net incomel(expenditure)
51.422
67.487
118.909
(88,064)
Transfers between funds
50.829
(50.829)
Net movement in funds
102.251
16,658
118.909
(88,064)
Reconclllatlon of funds
Total funds brought forward
Total funds carried forward
1,591.900
1,694,151
257,677
1.849,577
1.937,641
274,335
1.968,486
1.849,577
Th8 Stat8ment of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
Tho notes on pages 21 to 32 form part of these financial statements.
18

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Statement of Financial Position
31 March 2024
2024
2023
Noto
Flxed assets
Tangible fixed assets
16 1,182,470
1,194.196
Current assets
Stocks
Debtors
Cash Investments
Cash at bank and in hand
17
18
19
400
12,240
325,000
497,685
400
9.082
274.982
389,151
835,325
673,615
Credltors: amounts falling due within one year
Net current assets
21
49,309
18.234
786,016
655.381
Total assets less current Ilabllltles
1.968,486
1,849,577
Net assets
1.968,486
1,849.577
Funds of the charity
Restricted funds
Unrestricted funds
274,335
1,694,151
22 1,968,486
257,677
1,591,900
1.849.577
Total charity funds
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 12
November 2024, and are signed on behaw of the board by:
R Craig
Trustee
The notes on pages 21 to 32 fom part of those ftnan¢lal statements.
19

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 March 2024
2024
2023
Notg
Cash flows from operatlng actlvltles
N8t incomel(expenditure)
118,909
(88,064)
Adjustments for..
Depreciation of tangible fixed assets
Other interest reGeivable and similar income
Interest payable and similar charges
Accrued expensesl(income)
14.140
(15.350)
2,402
33.372
17,615
(2,046)
1,938
(6,001)
Changes In."
Trade and other debtors
Trade and other creditors
(3.158)
(1.203)
149,112
294,675
140
Cash generated from operations
218,257
Interest paid
Interest received
(2.402)
15.350
(1,938)
2,046
Net cash from operating activities
162,060
218,365
Cash flows from Investing activlties
Purchase of tangible assets
Net cash used in investing activities
(2.414)
(2,414)
{16,801)
(16,801)
Cash flows from flnanclng actlvltles
Proceeds from borrowings
Net cash (used inyfrom financing activities
(1,094)
(1,094)
2,333
2,333
Net Increasè In cash and cash èquivalènts
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
158,552
664.133
203,897
460,236
20
822,685
664,133
The notes on pages 21 to 32 form part of these financial statements.
20

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2024
General infomiation
The charity is a public b8nefit entity, and a private company limited by guarant88. registered in
Northern Ireland and a registered charity in Northern Ireland. The address of the registered office
is Bee¢hill 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 Ststernent 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 102) (Charities
SORP {FRS 102)) and the Companies Act 2006.
Accountlng pollcles
Basis of preparation
The financial statements 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 expenditu￿.
The financial Statements are prepared in sterling, which is the functional currency of Ihe entity.
Going concern
There are no material Un￿rtaIntieS about the charity's ability to continue.
Judgements and key sources of estimation uncertalnty
The preparation of the financial statements requires management to make judgements,
8Stimates and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on exp8rience and other factors. including expectations
of future events that are believed to be reasonable under the circumstances.
Fund accountlng
Unrestricted funds are available for use at the dlscretion of the trustees to further any of the
charivs 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 th8 terms of an appeal. and fall into one of two sub-classes= restricted income funds or
endowment funds.
21

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Financial Statements (contlnuedj
Year ended 31 March 2024
Accounting policies (continugd)
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 re￿Ipt is probable and entitlement is eslabllshed.
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 Ihe supply of seNices 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 purp05e and returned rf unspent, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recogni5ed on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered. and is classified under headings of the statement of
financial activities to which it relates:
expenditure on raising funds includes the ¢osts of all fundraising activities, 8vents,
non-charitable trading activities. and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activilies that further its charitable aims for the benefit of its beneficiaries. including those
support costs and costs relating to the govemance 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 actNfties.
All costs are allocated to expenditure categories reflecting the use of the rasource. Direct costs
altributable to a single activity are allocated directly to that activty. 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
temi. on a straight-line basis.
22

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Financial Statements f¢ontInu￿)
Year ended 31 March 2024
Accounting policies (contlnuedj
Tanglble assets
Tangible assets are initially recorded at cost. and subsequently stated at cost less any
acLumulated 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 Ihe carying 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 wilhin 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 cas8 the loss is shown within
other r8cognis8d gains and Ioss8s on th8 Statement of financial activities.
Depreclatlon
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual
value, over the useful economic lrfe of that asset as follows:
Freehold prop8ty
Ftxtures and fittings
Equipment
2Vo Straight line
250/0 reducing balance
100/0 reducing balance
Impairment of fjxed assets
A review for indicators of impaimient is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value eX￿edS th8
recoverable amount. the asset is impaired accordingly. Prior impairments are also reviewed for
possible rev8rsal at each r8POrting date.
For the purposes of impairment testing, when it is not possible to estimate the recov8rable
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 infiows 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-gen8rating 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.
stocks
stocks are measured at the lower of cost and eslimaled s811ing price less costs to complete and
S811. Cost includes all costs of purchase. costs of conversion and other costs incurred in bringing
the stock to its present location and condition.
23

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Financial Statements (contlnuedj
Year ended 31 March 2024
Accountlng policies (¢onlinu8d)
Flnancial instruments
A financial asset or a financial liability is recognised only when the charity becomes a paty to the
contractual provisions of the instrument.
Basi¢ financial instruments are initially re¢ognised at the amount receivable or payable including
any related transa¢tion costs.
Current assets and current liabilities are subsequently measured at the cash or other
Consideration expected to be paid or re￿iVed and not di5Gounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicty traded or their fair value can otherwise be measured
reliably. the investment is subsequently rneasu￿d at fair value with changes in fair value
recognised in income and expenditure. All other such investments are subsequently measurèd 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 instrument.
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
impaiment loss is recognised under the appropriate heading in the ststement of financial
activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and oth8r 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 immèdiately. to th6 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.
Limited by guarantee
Scripture Union is a company limited by guarant88 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.

Scripture Union (Northern Ireland)
Company Limlted by Guarantee
Notes to the Financial Statements (eontlnu•d)
Year ended 31 March 2024
Donatlons and legacies
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Donations
Donations
E3 Project
Intemational Projects
320,323
320,323
344,307
10.197
344,307
10,197
Legacies
Legacy
159.624
159,624
490.144
344,307
834.451
Unrestrlcted
Funds
Restricted Total Funds
Funds
2023
Donations
Donations
E3 Project
Intemational Proj&cts
253,571
253.571
295,347
16.573
295.347
16.573
Legacies
Legacy
78,572
78.572
348,716
295.347
644.063
Charitable activities
Unrastricted Total Funds Unrestrictad Total Funds
Funds
2024
Funds
2023
Camps and Mlssions
Special Events and Training
250.131
1.956
250.131
1.956
219,227
7,648
219,227
7,648
252,087
252.087
226,875
226,875
Olher trading activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Shop incom8
8,010
8.010
8,842
8.842
25

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Financial Statements (contlnuedj
Year ended 31 March 2024
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Bank interest
15,350
15.350
2.046
2,048
Other Income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Rent
35,175
35,175
12.922
12,922
10. Costs of other trading actlvitles
Unrestricted Total Funds un￿strICted Total Funds
Funds
2024
Funds
2023
Shop costs
15,775
15,775
16.777
16,777
11. Expenditure on charitable activitles by actlvlty type
Activities
undertaken
directly Support costs
Total funds
2024
Total fund
2023
To promote the word of God
Govemance Gosts
793.031
207.140
10.218
1,000.171
10.218
959,944
6,091
793.031
217.358
1,010.389
966,035
12. General support
Analysls of
Support
Costs Total 2024 Total 2023
Staff costs
Premises
Communications and IT
General office
Human resourcas
Governance costs
51.676
62.154
24.409
58.288
10.613
10.218
51,676
62,154
24,409
58,288
10,613
10,218
59,004
53.791
19.197
70.203
10.881
6.091
217.358
217,358
219,167
26

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Financial Statements (contlnuedj
Year ended 31 March 2024
13. Net incomel{expenditure)
Net incomel(exp8nditure) is stated after chargingl(¢rediting):
2024
2023
Depreciation of tangible fix8d assets
Operating lease rentals
Fees payable for the audit of the financial statements
14.140
17,615
64
4,153
7.816
14. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
2024
2023
Wages and salaries
Social Security Costs
Pension Costs
506.941
40.602
15,689
478.862
36,615
14,279
563,232
529.756
The average head count of employees during tha year was 26 (2023: 25). The average number
of full-time equivalent employees during the year is analysed as follows:
2024
2023
Number of staff
26
25
No employee received employee benefits of more than £60,000 during the year (2023: Nil).
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 Gompensation paid to key
management personnel for services provided to the charity was £91,268 (2023:£86,065).
15. Trustee remuneration and expenses
The charity trustees were not paid or received any other benefits from employment wlth the
Charity in the year (2023: £Nil). No charity truste8 r8C8IV8d payment for professional or other
services supplies to the charity (2023: £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 totsl £91.268 (2023: £86,065).
27

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Financial Statements (contlnuedj
Year ended 31 March 2024
16. Tangible fixed assets
Freehold
property
Fixtures and
fittings Equipment
Land
Total
Cost
At 1 April 2023
Additions
365.305
1,560
807.500
83,053
854
120,360 1,376.218
2.414
At 31 March 2024
366,865
807,500
83.907
120.360 1,378.632
Depreciation
Al 1 April 2023
Charge for the year
At 31 March 2024
14.612
7,337
21.949
66,283
1,313
101.127
5.490
182.022
14.140
67,596
106,617
196,162
Carrying amount
At 31 March 2024
344.916
807.500
16,311
13.743 1,182.470
19.233 1,194,196
At 31 March 2023
350.693
807.500
16,770
17. Stocks
2024
2023
Finished goods and goods for resale
400
400
18. Debtors
2024
2023
Trade debtors
other debtors
31
12,209
31
9,051
12,240
9,082
19. Cash Investments
2024
2023
Short-term deposits
325.000
274.982

Scripture Union (Northern Ireland)
Company Limlted by Guarantee
Notes to the Financial Statements (ContIn￿d}
Year ended 31 March 2024
20. Cash and cash equivalents
Cash and cash equivalents comprfse the following..
2024
2023
Cash at bank and in hand
Short-term deposits
497.685
325.000
389,151
274,982
822,685
664.133
21. Creditors: amounts falling due wlthln one year
2024
2023
Bank loans and overdrafts
Trade creditors
Accruals and deferred incom8
Social security and other taxes
1.239
2,333
1,564
6,850
7,487
40,222
7,848
49,309
18.234
22. Analysls of charitablo funds
Unrestricted funds
At
1 April 2023
At
Transfers 31 March 2024
Income Expenditure
General funds
Capitsl Building Funds
1,441,526
150.374
800,766
(749,344)
50,829
1,543.777
150.374
1,591.900
800,766
{749.344)
50,829
1,694.151
At
1 April 2022
At
Transfers 31 March 2023
Income Expenditure
General funds
Capitsl 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
The totsl designated fund 'Capital Building Funds, is in relatlon to the major roof repaiTS and
change of all lighting to LED panels for the building, with work to be completed by March 2026.
29

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Flnanclal Statements (¢ontlnuod)
Year ended 31 March 2024
22. Analysis of charitable funds (¢ontlnued)
Restricted funds
At
1 April 2023
At
Transfers 31 March 2024
Income Expenditure
E3- East Belfast
E3- North Coast
E3- Ballymena
E3- North Down
E& Antriml Lisbum
E3- South East Antrim
E3- Femianagh
Camps Support a Child
Project
E3 - Omagh and
Castlederg
E3 - North West
E3 - North Belfast
33,269
12.682
31,802
35,489
34,069
43.573
37.121
34.379
32.063
32,538
40,227
(21,123)
(29.680)
(30,958)
(27.976)
(28,754)
(27,605)
(32,779)
{5,280)
{5.280)
(5,280)
{5.280)
(3,309)
{5.280)
(5,280)
40,935
21.295
32,685
36.612
27,122
28,677
26.775
30,845
1,665
1,665
31,872
30,076
28,389
(21,100)
(29,374)
(27,471)
(276,820)
(5.280)
(5.280)
(5.280)
{50.829)
5.492
34.633
43,398
39.211
47,760
257.677
344,307
274.335
At
1 April 2022
At
Transfers 31 March 2023
Income Expenditure
E3- East Belfast
E3- North Coast
E3- Ballymena
E3- North Down
E3- Antriml Lisbum
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)
{27,681)
(26,198)
(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)
(273,944)
(3,701)
(5.280)
(5,280)
{47,375)
39,211
47.760
257.677
283,649
295.347
Fund transfers rep￿sent amounts contributed from each E3 Project area towards central costs.
30

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2024
23. Analysis of net assets between funds
Unr6Stricled
Funds
Restricted Total Funds
Funds
2024
Tangible fixed assets
Current assels
Creditors less than 1 year
Net assets
1,182,470
560.990
(49,275)
1.694,185
1,182,470
835,325
(49,275)
1.968.520
274.335
274,335
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
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 2023 Cash flows 31 Mar 2024
Cash at bank and in hand
Debt due within one year
Current asset investments
389.151
(2.333)
274.982
108.534
1.094
50,018
159.646
497.685
(1.239)
325.000
661.800
821,446
26. Contingencies
A contingent liability exists to repay grants and Trust monies received should certain conditions
not be fulfilled by the charity. In the opinion of the Trustees. the terms of th8 Letters of Offers
have been, or will be, complied with and no liability is expected.
27. Related partles
There were no related party transactions during the year.
31

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Financial Statements (eontlnuedj
Year ended 31 March 2024
28. Ethical standards
In common with many other businesses of our size and natur8 we use our auditors to prepar8
and submit returns to the tsx authorities and assist with the preparation of the financial
statements.
32

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Management Information
Year ended 31 March 2024
The following pages do not form part of the financial statemenls.
33

Scripture Union (Northern Ireland)
Company Llmited by Guarantee
Detslled Statement of Financial Activities
Year ended 31 March 2024
2024
2023
Income and endowments
Donations and legacies
Donations
E3 Project
International Projects
Legacy
320.323
344.307
10.197
159,624
253.571
295,347
16.573
78,572
644,063
834,451
Charitable activities
Camps and Missions
Special Events and Training
250.131
1.956
219.227
7,648
226.875
252.087
Other tradlng activities
Shop income
8,010
8,842
Investment income
Bank interest
15.350
2,046
Other income
Rent
35,175
12.922
Total income
1,145,073
894.748

Scripture Union (Northern Ireland)
Company Llmlted by Guarantee
Notes to the Detailed Statement of Financial Activities
Year ended 31 March 2024
2024
2023
Costs of other trading activities - Shop costs
Shop costs - purchases
Shop costs - wages and salaries
6.493
9.282
8,239
8,538
15,775
16,777
Costs of other trading activities
15,775
16.777
35

Scripture Union (Northern Ireland)
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities (contlnuedj
Year ended 31 March 2024
2024
2023
Expenditure on charitable activities
To promote the word of God
Activities undertaken directly
School Costs
E3 District Costs
Camps and Missions
Staff Travel and other expenses
134,653
334.642
305.848
17,888
115,133
325,935
291.157
14.643
793.031
746.868
Support costs
Wageslsalaries
Leasing
Rent & Water
Light & Heat
Repairs & Maintenance
Insurance
Legal and professional fe8S
Telephone
Printing, Postage and Stationery
Depreciation
Subscriptions
Cleaning
Computer Costs
Training
General Costs
Payments to British Isles Regional Council
Advertising
Payments to St Petersberg
Ministy development
51,676
59.004
3,583
20,939
7,900
25,637
2,775
10,320
24,514
14,140
325
4,095
14,089
695
1,301
1,080
8.815
9,934
5.322
207.140
254
19.046
4,697
23.961
(1,172)
9.659
37.345
17,615
325
5,769
9,538
495
100
2.461
7,925
15,990
213.076
Governance costs
Audit fees
Bank Charges
7.816
2,402
10,218
4.153
1.938
6.091
Expenditure on charftable actlvltles
1,010,389
966.035
Net income/{exp8nditur8)
118,909
(88,064)
36