Full accounts for WATCH TOWER BIBLE AND TRACT SOCIETY OF BRITAIN

Annual Returns to Charity Commission
Financial year ending2007-08-312008-08-312009-08-312010-08-312011-08-312012-08-312013-08-312014-08-312015-08-312016-08-312017-08-312018-08-312019-08-31
Income from legacies£2.53m£2.81m£2.81m£2.08m£2.47m£977,817£1.65m£2.31m£2.03m£2.22m£6.01m£4.88m£3.08m
Income from endowments£0£0£0£0£0£0£0£0£0£0£0£0£0
Voluntary income£15.22m£11.43m£12.23m£11.62m£17.39m£22.15m£17.07m£35.53m£61.03m£29.23m£60.88m£53.83m£93.25m
Activities generating funds£9.20m£0£0£0£0£0£0£0£0£0£0£0£0
Income from charitable activities£0£10.00m£11.94m£11.34m£11.76m£11.74m£11.10m£8.76m£17.61m£13.05m£26.32m£38.22m£33.14m
Investment income£1.71m£2.15m£1.24m£734,918£1.10m£1.46m£1.01m£134,866£232,524£261,639£512,520£1.39m£1.42m
Other income£0£0£1.67m£745,973£189,752£571,053£1.37m£163,166£3.18m£7.93m£1.89m£382,754£1.79m
Total income£26.14m£23.58m£27.08m£24.44m£30.43m£35.93m£30.56m£44.58m£82.05m£50.48m£89.60m£93.82m£129.60m
Investment gains£-186,561£1.02m£-2,742,326£1.57m£-2,775,541£486,235£581,611£695,384£1.97m£710,238£1.34m£-664,946£-93,761
Gains from asset revaluations£0£0£0£0£0£0£0£0£0£0£0£0£0
Gains on pension fund£0£0£0£0£0£0£0£0£0£0£0£0£0
Voluntary income costs£0£0£0£0£0£0£0£0£0
Fundraising trading costs£11.52m£0£0£0£0£0£0£0£0
Investment management costs£0£0£0£312,081£262,088£191,824£294,033£208,776£407,147£214,596£212,188£613,280£417,534
Grants to institutions£6.29m£7.67m£9.22m£11.91m£24.30m£26.10m£19.19m£28.06m£19.34m£28.60m£2.08m£8.51m£57.78m
Charitable activities costs£7.22m£20.71m£23.70m£23.28m£37.20m£39.34m£31.22m£43.66m£42.47m£41.25m£48.27m£74.93m£130.04m
Governance costs£27,790£25,348£12,662£12,000£11,550£17,900£13,200£11,700£16,488£478,981£206,907£51,033£35,508
Other expenses£0£0£0£0£0£0£0£0£0£0£0£0£0
Total expenses£18.76m£20.73m£23.72m£23.61m£37.47m£39.55m£31.53m£43.88m£42.89m£41.47m£48.48m£75.54m£130.46m
Support costs£4.07m£3.94m£4.62m£3.01m£4.09m£3.68m£4.23m£8.08m£5.35m£1.15m£544,303£1.07m£132,942
Depreciation£823,000£872,186£859,058£769,135£678,247£726,757£843,568£775,703£875,864£1.06m£1.23m£1.14m£866,455
Reserves£22.43m£11.10m£19.78m£20.07m£21.29m£17.06m£21.47m£24.18m£47.97m£48.78m£92.06m£100.88m£89.75m
Fixed assets at start of year£25.34m£32.07m£58.63m£66.85m£75.31m£67.05m£63.97m£24.99m£15.81m£33.21m£33.76m
Fixed assets at end of year£16.41m£32.17m£66.85m£75.31m£67.05m£63.97m£24.99m£15.81m£33.21m£33.94m£32.93m£41.57m£58.26m
Fixed investment assets at start of year£18.67m£25.83m£39.09m£61.41m£70.36m£62.68m£59.56m£21.02m£11.36m£10.11m£10.03m
Fixed investment assets at end of year£10.17m£26.03m£47.09m£70.36m£62.68m£59.56m£21.02m£11.36m£10.11m£10.28m£9.08m£16.96m£33.66m
Current investment assets£41.56m£31.58m£0£0£0£100,000£100,000£100,000£100,000£100,000£100,000£660,000£276,672
Cash£514,000£1.34m£8.78m£4.57m£6.27m£9.53m£51.19m£49.18m£55.03m£64.83m£100.53m£113.78m£98.68m
Total current assets£47.53m£38.06m£11.26m£7.70m£8.86m£11.95m£53.82m£52.70m£65.54m£71.11m£114.28m£126.48m£105.63m
Creditors within 1 year£15.38m£16.79m£407,497£5.45m£4.89m£5.12m£40.22m£28.22m£16.81m£12.71m£3.24m£5.43m£4.99m
Long term creditors or provisions£5.30m£6.30m£29.94m£27.39m£30.66m£33.58m£1.76m£2.06m£2.59m£3.26m£12.62m£13.66m£10.89m
Pension assets£0£0£0£0£0£0£0£0£0£0£0£0£0
Total assets£43.27m£47.14m£47.76m£50.16m£40.35m£37.22m£36.83m£38.23m£79.35m£89.07m£131.35m
Endowment funds£0£0£0£0£0£0£0£0£0£0£0£0£0
Restricted funds£10.20m£10.84m£12.22m£13.53m£15.14m£16.61m£18.55m£10.27m£8.78m£6.83m£6.84m£6.98m£0
Unrestricted funds£33.07m£36.30m£35.54m£36.63m£25.21m£20.61m£18.28m£27.95m£70.57m£82.24m£124.51m£141.98m£148.01m
Total funds£43.27m£47.14m£47.76m£50.16m£40.35m£37.22m£36.83m£38.23m£79.35m£89.07m£131.35m£148.97m£148.01m
Employees0000000000000
Volunteers50505050505050
Consolidated accountsNoNoNoNoNoNoNoNoNoNoNoNoNo
Charity only accountsYesYesYesYesYesYesYesYesYesNoNoNoNo