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INDEPENDENT EXAMINER'S REPORT 2007 Print E-mail

Independent Examiner’s report

on the accounts

to the Trustees of Bibles for Children

 I report on the accounts of the Trust for the year ended 30 June 2007, which are set out in the annual report. The accounts are prepared on the accruals basis. 

Respective responsibilities of trustees and examiner  The charity's trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the Act),as amended by s.28 of the Charities Act 2006) and that an independent examination is needed.  It is my responsibility to:

·         examine the accounts (under section 43 of the Act, as amended),

·         to follow the procedures laid down in the General Directions given by the Charity Commission (under section 43(7)(b) of the Act, as amended), and

·         to state whether particular matters have come to my attention. 

Basis of independent examiner’s statement

My examination was carried out in accordance with General Directions given by the Charity Commission.  An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records.  It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters.  The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.

 Independent examiner's statement In the course of my examination, no matter has come to my attention1.  which gives me reasonable cause to believe that in, any material respect, the trustees have not met the requirements to ensure that:

·         proper accounting records are kept (in accordance with section 41 of the Act); and

·         accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or  2.  to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

Signed                        J.H. Scaife FCA,

BISHOP FLEMING, 16 Queen Square, Bristol BS1 4NT

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ANNUAL REPORT 2006/07 Print E-mail

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ANNUAL REPORT 2007/08 Print E-mail

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ANNUAL REPORT 2008/09 Print E-mail

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NOTES TO THE ACCOUNTS 2006/7 Print E-mail

 

Note 1.  Basis of preparation

Basis of accounting - These accounts have been prepared on the historic cost basis in accordance with Statement of Recommended Practice “Accounting and Reporting by Charities”, issued in October 2005 and with the Charities Act 1993.This is the first year the accounts have been prepared on an accruals basis, having previously been prepared on a receipts and payments basis.  This is a change of accounting policy, but the comparative figures have not been restated as the trustees do not consider it to be practical to do so and the restatement would not lead to a significant adjustment to the figures.  Fixed assets - Fixed assets are stated at cost less depreciation.Depreciation - Depreciation is calculated so as to write off the cost of an asset over the useful economic life of that asset.Management and administration costs - Management and Administration costs relate to postage, printing, stationery and general costs of administering the trust. The Trustees and Associates give all their time free of charge.Unrestricted funds - All receipts and payments relate to general unrestricted funds.Fundraising and publicity costs - Fundraising and publicity costs are the direct costs of fundraising events.Cash deposits - All cash deposits are held in the unrestricted general funds.Stocks - relate to holdings of Bibles for distribution and are stated at cost. Note 2.  Fees for examination of the accounts 
 20072006
 ££
Independent Examiner’s fees for reporting on the accounts300300
 Note 3.  Management and Administration costs 
Management and Administration costs         £         £
    Printing  823727
    Stationery  1,320964
    Advertising  0108
    Travel & Accommodation 201684
    Postage  882569
    Reference books and CDs 260206
    Telephone & Fax  402276
    Accountancy  300300
    Depreciation  2610
    Equipment  0108
    Total Management and Administration costs4,4493,942
 Note 4.  Tangible fixed assets
 Equipment
 £
        Cost
Brought forward                   754
Additions                    403
 

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At 30 June 2007                1,157
 ===================================================
         Depreciation
Accumulated depreciation brought forward                   362
Charge for the period                   261
 

-------------------------------------------------

At 30 June 2007                   623
 ===================================================
         Net book value
At 30 June 2007                   534
 ===================================================
At 30 June 2006                    392
 ===================================================

 

 

 
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