Barnabas Aid Limited

Active04029536Health & social workIncorporated 7 Jul 2000 · Swindon

OVERVIEW OF CHARITY’S ACTIVITIES The Trustees review the purpose, aims and activities of the Charity each year. This review looks at the achievements during the previous year, beyond just the finances, and explains how beneficiaries were assisted. When carrying out the review and planning future activities, the Trustees refer to the guidance contained in the Charity Commission’s general guidance on public benefit and its supplementary guidance on the advancement of religion for public benefit. In particular the Trustees consider how planned activities will contribute to the aims and objectives they have set. The Charity was established to serve and support the persecuted Church worldwide. The Charity is an integral part of the global ministry of Barnabas Aid, which is facilitated by Nexcus International, while Barnabas Aid retains its own identity and independence. Registered in the USA, Nexcus also has an operational office in the United Kingdom. The Nexcus office serves and assists the global ministry of Barnabas Aid. It provides all editorial materials (magazines, project reports, etc.) in addition to project administration and IT support. The Charity’s main activities involve funding projects that help poor and persecuted Christians in many countries around the world and fit the objects of the Charity. Funds are directed through Nexcus International to facilitate the effective delivery of such funds. Nexcus undertakes to use the funds transferred to it in accordance with the purposes for which the funds are donated to Barnabas Aid by its various donors and Nexcus is accountable to the Barnabas Aid board for the funds provided by Barnabas Aid to Nexcus. The Charity has five main activities, namely: 1. Ministry grants: During the year, funds were transferred to Nexcus International to disburse to carefully chosen project partners to enable them to support persecuted Christians in their respective areas. 2. Education and research: The provision of resources to further the education of the general public about the needs of the persecuted Church and research into the causes and extent of Christian persecution. 3. Facilitating prayer: The provision of a prayer diary and other resources to help supporters pray for the persecuted Church as a whole as well as individual Christians suffering persecution. We highly value the prayers of our supporters and providing material to facilitate prayer is a primary focus for Barnabas Aid. 4. Raising awareness: Providing information, education and generally raising awareness concerning human rights and the persecuted Church. 5. Projects assisting the suffering church: Costs associated with assisting the suffering church worldwide that do not fall into the above categories.

Revenue

£19.5m

▼ -9.6% vs prior ~12m period

Profit after tax

£1.3m

Margin 6.6%

Employees

27

▲ +42.1% vs prior ~12m period

Net assets

£3.6m

Total assets £12.6m

Financial history

Revenue by accounting period

2 periods available · ▲ growth ▼ decline

Aug 2022
£21.6m
Aug 2023
£19.5m▼ -9.6%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Aug 2023£19.5m▼ -9.6%£1.3m27£3.6m
31 Aug 2022£21.6m—£1.6m19£2.4m

Latest available figures

Period ending 31 Aug 2023. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

These are the most recent accounts available to us; more recent accounts may exist at Companies House.

Profit & loss

Revenue
£19.5m
Gross profit
£19.4m
Operating profit
£1.3m
Profit before tax
£1.3m
Profit after tax
£1.3m

Balance sheet

Total assets
£12.6m
Cash
£11.0m
Total liabilities
£9.0m
Net assets
£3.6m
Revenue per employee
£724k

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