These are excerpts from the 2006 accounts of the IBSA in Britain. These excerpts are taken from public information from the Charities Commission. I can see no problem therefore with posting it here. If I am wrong about this then please let me know.
As I said, these are excerpts; they have been manually typed so errors and ommissions excepted.
This information relates to several recent threads concerning the arrangement for giving literature to the congregations and financial position of the Society.
Objects and activitiesThe objective of the Association is to promote the Christian religion by supporting congregations of Jehovah's Witnesses and others in connection with their spiritual and material welfare in Britain and abroad within the charitable purposes of the Association.
This is achieved mainly by the provision of facilities for the printing and distribution of Bibles and Bible based literature and the housing of volunteers engaged in this activity.
In addition, religious literature is purchased and distributed free of charge. Conventions for Christian education are arranged on an annual basis.
Our grant making policy is as follows. From time to time we are asked by the Governing Body of Jehovah's Witnesses to consider helping Jehovah's Witnesses is countries where a need exists. We first consider whether the budget permits. If this is the case we satisfy ourselves that the expenditure will further the religious work of Jehovah's Witnesses and we then send the money to the organization caring for Jehovah's Witnesses in that country. Finally we obtain reports to confirm the money was used properly.
Relationship with connected charities
The association works closely with the Watch Tower Bible and Tract Society of Britain. It provides volunteers for Watch Tower Society to use in its activities. It permits Watch Tower Society to use its facilities for the Society's charitable work and provides accommodation for the volunteers. A service and maintenance charge is made which inclludes the cost of the volunteers. The Association purchased religious material from the Society and donates this to congregations of jehovah's Witnesses.Principal achievements for the year.
A key achievement for this year was the widespread distribution of the new Bible study aid "What Does the Bible Really Teach?" The Association purchased over 900,000 copies from Watch Tower Society of Britain, and distributed these free of charge to 1500 congregations of Jehovah's Witnesses in the UK.
They in turn ethusiastically made use of them in their public Bible teaching work in the community, and the total number of individuals and families receiving regular tuition was 49,849 by the end of the year. Some of those receiving this tuition responded to the opportunity of gaining further instruction at the local Kingdom Hall of Jehovah's Witnesse, and meetings held for public religious worship continue to be well attended.
Future Plans
We completed our projected construction programme by early 2006. We believe we are now well placed to provide for the needs as far as we can forsee. Hence, we do not have further capital committments in mind at present.
Following the completion of major building project, our volunteer needs are reduced, and we are able to sell some of our residential properties. We will be reviewing our property needs, with the purpose of consolidating the support services we provide for the volunteers engaged in the activities of both ourselves and our connected charity, Watch Tower Society of Britain.
We understand that the Watch Tower Society of Britain will be taking on extra work to further its objectives and well need us to provide facilities for that.
Also, we hope to have a greater share in funding the activities of Jehovah's Witnesses in developing countries.
Review of financial positionWe have enjoyed excellent financial support from Jehovah's Witnesses.at the same time our capital expenditure has reduced considerably compared with recent years, because out major building projects have concluded. This has resulted in our having net incoming resources for the year in the region of £2.57 million. The Governing Body of Jehovah's Witnesses is aware of our good financial position, and will doubtless be alerting us to needs in other parts of the world. We Will be happy to respond, so long as the requests are in line with the objects of the Association.