INTERNATIONAL BIBLE STUDENTS ASSOCIATION

Charity number: 216647
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Provide serviced facilities to support religious activity of Jehovah's Witnesses. Arrange for venues to host conventions for Bible education. Pay expenses for and take care of living arrangements for members of the Worldwide Order of Special Full-Time Servants of Jehovah's Witnesses.

Income and expenditure

Data for financial year ending 31 August 2023

Total income:
£40,413,966

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Donations and legacies £37.35m
Charitable activities £0
Other trading activities £0
Investments £94.03k
Other £2.97m

Total expenditure:
£43,841,316

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Raising funds £0
Charitable activities £43.84m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £0
Charitable expenditure £43.84m

People

5 Trustee(s)

300 Volunteer(s)

Employees with total benefits over £60,000

No information available

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

One or more trustees receive payments or benefits from the charity for another benefit.

What, who, how, where

What the charity does:
  • Overseas Aid/famine Relief
  • Religious Activities
Who the charity helps:
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • Throughout England And Wales
  • Northern Ireland
  • Scotland

Governance

Registration history:
  • 18 November 1964: Standard registration
  • 16 September 2022: Funds received from 1056886 ASSEMBLY HALL TRUST, JEHOVAH'S WITNESSES (BRISTOL ...
  • 15 February 2023: Funds received from 515737 THE DUDLEY ASSEMBLY HALL OF JEHOVAH'S WITNESSES
  • 06 December 2023: Funds received from 1039414 MANCHESTER ASSEMBLY HALL OF JEHOVAH'S WITNESSES
Organisation type:
Charitable company
Other names:

No other names

Company number:
00136726 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

5 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Michael Simpson Trustee 08 November 2021
None on record
Andrew Paul Sutton Trustee 01 September 2021
None on record
STEPHEN CHARLES HALE SYMONDS Trustee 28 September 2018
None on record
Jonathan Manley Trustee 30 November 2017
None on record
Karl William Snaith Trustee 11 March 2015
None on record

Financial history

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Financial period end date

Income / Expenditure 31/08/2019 31/08/2020 31/08/2021 31/08/2022 31/08/2023
Total gross income £27.50m £69.24m £71.81m £63.47m £40.41m
Total expenditure £11.18m £72.51m £75.50m £48.78m £43.84m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £27.42m £29.97m £34.87m £59.29m £37.35m
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £0 £0 £0 £0 £0
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £10.26k £14.05k £1.58k £6.71k £94.03k
Income - Other £68.96k £39.25m £36.94m £4.18m £2.97m
Income - Legacies £2.49m £4.59m £3.07m £7.63m £7.43m
Expenditure - Charitable activities £11.18m £72.51m £75.50m £48.78m £43.84m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £19.61k £19.47k £20.40k £22.44k £62.95k
Expenditure - Grants institution £370.66k £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/08/2019 31/08/2020 31/08/2021 31/08/2022 31/08/2023
Own use assets £191.05m £168.02m £156.03m £170.05m £165.91m
Long-term investments £460.22k £460.22k £460.22k £460.22k £460.22k
Other assets £3.74m £3.79m £3.11m £4.05m £5.16m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £34.04m £14.33m £5.35m £5.63m £6.02m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 August 2023 14 June 2024 On Time
Accounts and TAR 31 August 2023 14 June 2024 On Time Download Open in new window
Annual return 31 August 2022 20 April 2023 On Time
Accounts and TAR 31 August 2022 20 April 2023 On Time Download Open in new window
Annual return 31 August 2021 03 May 2022 On Time
Accounts and TAR 31 August 2021 03 May 2022 On Time Download Open in new window
Annual return 31 August 2020 04 June 2021 On Time
Accounts and TAR 31 August 2020 04 June 2021 On Time Download Open in new window
Annual return 31 August 2019 11 June 2020 On Time
Accounts and TAR 31 August 2019 11 June 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 30/06/1914 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 02/11/1949 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 20/04/1951 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 10/01/1958 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 28/11/2005 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 20/02/2014 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 13 APR 2016 as amended on 21 May 2024

Charitable objects

The Charity’s objects (“the Objects”) are to advance the Christian religion as practised by the body of Christian persons known as Jehovah’s Witnesses, in particular but not exclusively by: (1) Facilitating the provision of Bible-based literature and materials for religious instruction, teaching, education, and worship to Jehovah’s Witnesses and the public; (2) Maintaining one or more religious orders or communities of Jehovah’s Witnesses; (3) Distributing funds and goods to other entities that have similar aims; (4) Engaging in acts of charity, mercy, and humanitarian aid; and (5) Administering the property, facilities, and financial affairs of or pertaining to religious worship of Jehovah’s Witnesses.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED

Contact information

Address:
1 Kingdom Way
West Hanningfield
CHELMSFORD
CM2 8FW
Phone:
02089062211
Email:
No information available
Website:

No information available