The Trustees Annual Report and Accounts contains a full review of highlights and a financial summary for the year to 31 March 2012. 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 2.6% to £2.51million in the difficult economic environment.
Publishing income down 10.4% to £2.34million with lower sales of both dated and undated resourced.
Expenditure on face-to-face ministry in England and Wales up 9% to £2.84million. This apparent increase was the result of changes in reporting. The underlying level of expenditure was unchanged.
Expenditure on our digital ministry, WordLive and LightLive, up by 5% to £0.56m
A net surplus of £82,000, with a loss on sale of the national office offset by ’above budget’ legacy income.
For the 2012/13 financial year, we have budgeted for a deficit of around £270k, reflecting further anticipated decline in publishing sales. Efforts will be made during the year to reduce the scale of the deficit. We remain dependent upon the continuing generous gifts of our supporters. Please consider making a gift today using one of the options below. Thank you.