THE BANNER OF TRUTH TRUST

Registered charity 235652 · accounts filings on the Charity Commission register · also known as BANNER, BANNER OF TRUTH · also registered in Scotland as SC038435 (OSCR)

PUBLISHING CHRISTIAN LITERATURE AND ORGANISING CONFERENCES

Causes: Religious Activities · Grant history (this charity is a funder) · website · Get email alerts

Latest income

£2.4m

Latest spending

£2.5m

Registered

1965

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity realized a loss of £103,759 for the year, resulting in a decrease in total funds. The trustees consider the current level of free reserves to be adequate to meet operational costs in the coming year, supported by a stated policy of maintaining sufficient cash for one year of operating costs.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £100,001 - £110,000 — in the top quarter for charities its size (median £70k)

“One employee was remunerated between £70,000-£80,000 and one between £100,000-110,000” — page 17

Per its FY2025 accounts as filed with the Charity Commission.

Employees paid over £60,000: 2

“One employee was remunerated between £70,000-£80,000 and one between £100,000-110,000” — page 17

Per its FY2025 accounts as filed with the Charity Commission.

Largest income source: Book and Magazine Sales (86% of income)

“sales of English and Spanish books and magazines totalled £2,084,315”

Per its FY2025 accounts as filed with the Charity Commission.

Reserves policy: sufficient cash balance to meet the substantial cost of the Trust's publishing programme and operating costs for 1 year (held: £1.9m)

“It is the policy of the Trustees to invest the Trust's surplus funds into stock while maintaining a sufficient cash balance to meet the substantial cost of the Trust's publishing programme and operating costs for 1 year.” — page 5

Per its FY2025 accounts as filed with the Charity Commission.

Payments to trustees: Four trustees received royalty payments totalling £4,416. One trustee received £6,048 for editorial services.

“Four trustees (Rev. Mark G Johnston, Rev. Iain Murray, David Campbell and Andrew Young) received royalty payments totalling £4,416 (2024: £5,464) for sales of their books by The Banner of Truth Trust. Rev. Mark G Johnston received £6,048 (2024: £7,200) for editorial services for the magazine.” — page 17

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: Sales to Banner of Truth (USA) during the year totalled £1,535,457

“The Trustees, who are listed on page 1, are directors of Banner of Truth, a non-profit corporation exempt from taxation based in Carlisle, USA. Sales to Banner of Truth (USA) during the year totalled £1,535,457 (2024 : £1,674,086). The sum owed by the Banner of Truth (USA) at 31 March 2025 is £791 (2024: -186)” — page 22

“Certain of the Trustees are also Trustees of The Banner of Truth Building Fund Trust. The Building Fund Trust owns the Grey House and the warehouses used by the Trust. A sum of £49,005 is owed from The Banner of Truth Building Fund Trust at 31 March 2025 (2024 : £26,943).” — page 22

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: Rental/Property costs owed from The Banner of Truth Building Fund Trust

“The Trustees, who are listed on page 1, are directors of Banner of Truth, a non-profit corporation exempt from taxation based in Carlisle, USA. Sales to Banner of Truth (USA) during the year totalled £1,535,457 (2024 : £1,674,086). The sum owed by the Banner of Truth (USA) at 31 March 2025 is £791 (2024: -186)” — page 22

“Certain of the Trustees are also Trustees of The Banner of Truth Building Fund Trust. The Building Fund Trust owns the Grey House and the warehouses used by the Trust. A sum of £49,005 is owed from The Banner of Truth Building Fund Trust at 31 March 2025 (2024 : £26,943).” — page 22

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: Trustees received royalty payments and editorial remuneration

“The Trustees, who are listed on page 1, are directors of Banner of Truth, a non-profit corporation exempt from taxation based in Carlisle, USA. Sales to Banner of Truth (USA) during the year totalled £1,535,457 (2024 : £1,674,086). The sum owed by the Banner of Truth (USA) at 31 March 2025 is £791 (2024: -186)” — page 22

“Certain of the Trustees are also Trustees of The Banner of Truth Building Fund Trust. The Building Fund Trust owns the Grey House and the warehouses used by the Trust. A sum of £49,005 is owed from The Banner of Truth Building Fund Trust at 31 March 2025 (2024 : £26,943).” — page 22

Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Whitelaw Wells. Discloses 6 of 6 completeness components.

Year-over-year changes

Top pay band moved from £80,001 - £90,000 (FY2024) to £100,001 - £110,000 (FY2025).

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Public-sector contracts awarded

From the official Contracts Finder and Find a Tender notices (supplier matched by exact registered name). Contract income is distinct from grants.

Buyer	Contract	Awarded	Value
Hopwood Hall College	CA18382 - Hopwood Hall College - Stationery Supply	25/08/2026	£100k
Gloucestershire County Council	Stationery & Office Supplies for Gloucestershire County Council	16/01/2026	£700k

Structured financials (annual return, FY ending 31/03/2025)

Total income

£2.4m

Total spending

£2.5m

Reserves (reported)

£1.9m

Employees

17

Reported reserves equal ~8.8 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (91% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Register events

Received assets from another charity (09/01/2023) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

Rev JEFFREY KINGSWOODchair
David Campbell · trustee of 1 other charity
Dr David Whitla
Dr Donald John MacLean · trustee of 5 other charities
Dr ROBERT STRIVENS · trustee of 3 other charities
REVEREND IAIN HAMISH MURRAY · trustee of 1 other charity
Rev Andrew Young
Rev MARK GARDINER JOHNSTON · trustee of 2 other charities
Rev Warren Peel · trustee of 1 other charity
THOMAS EARL RICHWINE

Trustee list from the Charity Commission register (current, not historical).

Operates in: Scotland

Income and spending

Financial year end	Income	Spending
31/03/2025	£2.4m	£2.5m
31/03/2024	£2.4m	£2.5m
31/03/2023	£2.4m	£2.5m
31/03/2022	£2.7m	£2.1m
31/03/2021	£2.2m	£1.9m

Common questions

Is THE BANNER OF TRUTH TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity realized a loss of £103,759 for the year, resulting in a decrease in total funds. The trustees consider the current level of free reserves to be adequate to meet operational costs in the coming year, supported by a stated policy of maintaining sufficient cash for one year of operating costs. Its FY2025 accounts were audited by Whitelaw Wells.

What does the highest-paid employee of THE BANNER OF TRUTH TRUST earn?

Per its FY2025 accounts, the highest-paid employee was in the £100,001 - £110,000 band, and 2 employees earned over £60,000.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
THE MARJORIE & ARNOLD ZIFF CHARITABLE FOUNDATION	1	£20k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN, TUNBRIDGE WELLS	1	£12k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST CHAD, HANDFORTH	1	£10k
RANDEREE CHARITABLE TRUST	1	£10k
KING'S LYNN CHRISTIAN FELLOWSHIP	1	£8k
MOYNITRUST	1	£5k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF IPSWICH ST JOHN THE BAPTIST WITH ST ANDREW	1	£4k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF FORDHAM & EIGHT ASH GREEN	1	£4k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with Re:State Trust.

Re:State Trust income £822k
TRUE FREEDOM TRUST income £178k
BANNER OF TRUTH BUILDING FUND income £280k
RUDOLF STEINER PRESS income £243k
INCORPORATED TRUSTEES OF THE NUMBER 1 TRUST FUND income £392k
THE FAITH & BELIEF FORUM income £921k

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
THE BANNER OF TRUTH TRUST	£2.4m	£100,001 - £110,000	2	unclear	—	no doubt
Re:State Trust FY2024	£822k	—	—	unclear	—	no doubt
TRUE FREEDOM TRUST FY2025	£178k	—	0	unclear	—	no doubt
BANNER OF TRUTH BUILDING FUND FY2025	£280k	—	0	below	—	no doubt
RUDOLF STEINER PRESS FY2025	£243k	—	—	unclear	—	no doubt
INCORPORATED TRUSTEES OF THE NUMBER 1 TRUST FUND FY2024	£392k	—	0	unclear	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.