The Trustees Annual Report & Accounts contains a full review of highlights and a financial summary for the year to 31 March 2011. Previous years' reports are available by using the links on the right hand side of this page.
We have much for which we thank God as he has continued to bless our ministry.
- More children and young people responding to the Good News through new holidays, new Lifepath and X:site events and our schools ministry
- More churches resourced to make disciples of children and young people through new publications, growth in LightLive and local training events
- More Christians growing in discipleship through the Bible and prayer through continued growth in the number of WordLive users.
The financial headlines are:
Gift income down 10.3% to £2.57million in the difficult economic environment.
Publishing income down 0.4% to £2.6million with the ongoing decline in sales of curriculum resources offset by increased sales of books and other resources.
Expenditure on face-to-face ministry in England and Wales down 6.5% to £2.6million.
Expenditure on our digital ministry, WordLive and LightLive, down by 10% to £0.5m
A net surplus of £417,000, which is a much better than we expected principally due to the publishing performance and better than budgeted legacy income.
For the 2011/12 financial year, we have been able to budget for a balance of income and expenditure with the expectation of further pressure on gift and sales income alongside some inflationary cost pressure. This, however, is dependent upon the continuing generous gifts of our supporters. Please consider making a gift today using one of the options below. Thank you.