CONTENTS GENERAL INFORMATION 05 COUNCIL MEMBERS 06 OFFICERS 07 MANAGEMENT TEAM 08 2018 ANNUAL REPORT BY THE GENERAL SECRETARY 09 REPORT OF COUNCIL 24 3 INDEPENDENT AUDITOR’S REPORT 26 STATEMENT OF COMPREHENSIVE INCOME 28 STATEMENT OF FINANCIAL POSITION 29 STATEMENT OF CHANGES IN RESERVES 30 STATEMENT OF CASH FLOWS 31 ACCOUNTING POLICIES 32 NOTES TO THE ANNUAL FINANCIAL STATEMENTS 36 APPENDIX 1 41 APPENDIX 2 43 ANNUAL 2018 REPORT & FINANCIAL STATEMENTS REPORT 2018 ANNUAL GENERAL INFORMATION our mission Making God’s Word available and affordable, and encouraging its use to transform lives. our vision The Bible for Everyone 5 BUSINESS ADDRESS Bible House John Evans Atta Mills High Street P. O. Box GP. 761 James Town Accra Tel: + 233 0302 663803 / 664208/672722 Fax: + 233 0302 669613 E-mail: [email protected] Website: www.biblesociety-ghana.org INDEPENDENT AUDITORS BANKERS Intellisys Ecobank Ghana Limited No. 2 Lardzeh Crescent Barclays Bank Ghana Limited North Dzorwulu Ghana Commercial Bank Limited P. O. Box KN 4169 Kaneshie Accra 2018 ANNUAL REPORT & FINANCIAL STATEMENTS REPORT 2018 ANNUAL COUNCIL MEMBERS 1 Rev. Dr. Joyce Rosalind Aryee President 2 Apostle Peter Okoe Mankralo 1st Vice President 3 Apostle Dr. Alfred Koduah 2nd Vice President 4 Mrs. Efua Ghartey Chairman 5 Mr. Joseph Nii Budu Tetteh Vice Chairman 6 Most. Rev. Titus Kofi Awotwi Pratt Member 7 Mrs. Gloria Lamptey Member 8 Ps. Dr. Chris Annan-Nunoo Member 9 Dr. Perez Sepenu Member 10 Prof. Mrs Akosua Anyidoho Member 6 11 Rev. Prof. Benhardt Yemo Quarshie Member 12 Dr. Mrs. Yvonne Ollennu Member 13 Dr. Mrs. Adelaide Kastner Member 14 Rev. Fr. Awuah Ansah Member 15 Rt. Rev. Dr. Sylvanus Daniel Torto Member 16 Mr. Percy Asare Ansah Member 17 Rev. Dr. Erasmus Nii Bonne Odonkor General Secretary 2018 ANNUAL REPORT & FINANCIAL STATEMENTS REPORT 2018 ANNUAL OFFICERS Rev. Dr. Joyce Rosalind Apostle Peter Okoe Aryee Mankralo (President) (1st Vice President) 7 Apostle Dr. Alfred Mrs. Efua Koduah Ghartey (2nd Vice President) (Chairperson of Council) Mr. J.N.B. Rev. Dr. Erasmus N. B. Tetteh Odonkor (Vice Chairperson of Council) (General Secretary) & FINANCIAL STATEMENTS REPORT 2018 ANNUAL MANAGEMENT TEAM Rev. Dr. Erasmus Very Rev. Prof. N. B. Odonkor David Ekem (General Secretary) (Translation Consultant) 8 Mrs. Elizabeth T. Rev. Charles Mr. Gershon Sampson Adu-Twumasi Bonso (Admin & HR Manager) (Programmes Manager) (Finance & Acc. Manager) Mrs. Catherine Odjidja Rev. Issifu Dokurugu (Acting Communication & (Computer Assisted Publishing Church Relations Manager) Manager) 2018 ANNUAL REPORT & FINANCIAL STATEMENTS REPORT 2018 ANNUAL 2018 ANNUAL REPORT PRESENTED BY REV. DR. ERASMUS NII BONNE ODONKOR, GENERAL SECRETARY TO THE 2019 ANNUAL GENERAL MEETING HELD ON 1st AUGUST, 2019 1.0 PREAMBLE This report will cover the following: Governance The President of the Bible Society of Ghana Management and Staff (BSG), Chairman and Members of the Bible Operations Society of Ghana Council, Distinguished Staff Training and Development Leaders and Representatives of the Church and Bible Distribution Local Councils of Churches (LCCs), Members Church Relations of the Bible Society of Ghana, Brothers and Bible Engagement Programmes Sisters in the Lord Jesus Christ, please join me Communications and Resource to thank God for the abundant grace, favour Mobilisation and providence for the BSG and her Ministry Children and Youth over the years. Visit of General Secretary of German Bible 9 Society The year 2018 was yet another success story Finance in the ministry of the BSG and we are grateful The Bible Village Project at Kitase for God’s hand of direction and blessing. He Call to Glory only has kept us going strong. To Him alone be all glory for BSG today and forever. The Psalmist wrote: 2.0 GOVERNANCE 3 He will not let your foot be moved; he who keeps you will not slumber. 2.1 Annual General Meeting (AGM) 4 Behold, he who keeps Israel will neither slumber nor sleep. The 2018 Annual General Meeting (AGM) was successfully held at the usual venue, the 5 The LORD is your keeper; Evangel Assemblies of God Church Auditorium the LORD is your shade on your right on 2nd August, 2018. A total of 295 persons hand. participated in the meeting. 6 The sun shall not strike you by day, nor the moon by night. Two persons, Mr Albert Oko Dagadu and 7 The LORD will keep you from all evil; Ms Pearl Adotey, were honoured for their he will keep your life. pioneering service to begin and sustain the 8 The LORD will keep Society’s weekly Obonu FM programme “Wala your going out and your coming in Wiemo” for five years. May the Lord be with from this time forth and forevermore. them. Psalm 121:3-8 (ESV) 2018 ANNUAL REPORT & FINANCIAL STATEMENTS REPORT 2018 ANNUAL Retired Broadcasters recognized for voluntary service to BSG Wala Wiemo Radio programme 2.2. BSG National Council 3.0 MANAGEMENT AND Membership of the National Council did not STAFF change in 2018. It was as follows: 3.1. Management Team Rev. Dr. Joyce R. Aryee President 10 The Management Team in 2018 was made up Apostle Peter Mankralo Ist Vice President of the following: Apostle Alfred Koduah 2nd Vice President Rev. Dr. Erasmus Odonkor Chairperson of Mrs. Elizabeth Taylor Sampson Mrs. Efua Ghartey Council Rev. Charles Adu-Twumasi Vice Chairperson Mr. Gershon Bonso Mr. J. N. B. Tetteh of Council Rev. Issifu Dokurugu Mrs. Catherine Odjidja Mr Percy Ansah Member Dr. (Mrs.) Yvonne Ollennu Member Mrs. Naana Hagan, an accomplished and experienced Marketer, continued to offer her Dr. Perez Sepenu Member expertise to support the BSG in the area of Prof. (Mrs.) Akosua Member Marketing & Supply Chain Management. She Anyidoho served voluntarily and the BSG wishes to place Mrs. Gloria Lamptey Member on permanent record our appreciation for her selflessness. Rev. Prof. B. Y. Quarshie Member Most Rev. Titus Awotwi Member 3.2. Staffing Pratt With the expansion of BSG’s Ministry, staff Ps. Dr. Chris Annan Member Nunoo numbers increased in 2018. Six full time staff and two volunteers were engaged to augment Dr. (Mrs.) Adelaide Kastner Member the existing staff. Total staff at the close of Rev. Dr. Erasmus 2018 was 58. General Secretary Odonkor 2018 ANNUAL REPORT & FINANCIAL STATEMENTS REPORT 2018 ANNUAL 3.3. Resignations Within the United Bible Societies (UBS) fellowship, some staff participated in various Three persons resigned from the employment UBS training programme as follows: of BSG in 2018. One of them entered into full- i. Rev. Kennedy Owiredu completed his time Ministry of the Church of Pentecost, the three-year training as Translation Officer second on health grounds and the third person at the Nida Institute, Misano, Italy in to pursue other interests. May, 2018. With effect from May, 2019. 3.4. Staff Training & Development He will pursue Ph.D studies as part of a programme to develop him as Translation 3.4.1. Training and Development Consultant for BSG. ii. Rev. Charles Adu Twumasi, Programmes BSG continued the development of staff Manager, Mr Samuel Adjei Ntow and Mr competencies through various capacity Emmanuel Opoku, Takoradi and Sunyani enhancement programmes, both locally and Area Officers respectively, participated within the United Bibles Societies fellowship. in the UBS Programme workshop held in The following local programmes were held: Lome from 30th April to 6th May, 2018. i. A one-day seminar on Performance iii. The Acting Communications and Church Management for Heads of Departments, Relations Manager, Mrs Catherine Odjidja Area Officers and Senior officers with and IT Officer, Mr Samuel Awuah Botwe, supervisory roles was held on 19th attended training at the UBS Digital February, 2018. Participants were trained Academy, Nairobi, Kenya, from 12th to to appropriately prepare job descriptions, 16th March, 2018. set targets and manage performance. iv. Six Translators of the Gurune and Bono The seminar was facilitated by the Teams (3 each), travelled to Nairobi, 11 General Secretary, Rev. Dr. Erasmus Kenya from 14th to 27th January, 2018 Odonkor. to participate in a UBS Anglophone ii. The Administrative and Human Resource Translation training workshop. The six Manager, Mrs Taylor Sampson, facilitated did two additional trips in April and a one-day training in Report Writing for September-October, 2018 for the second some selected staff on 15th November, and third (final) sessions respectively of 2018 the 2018 UBS Translators Training. iii. Three newly appointed staff were trained In addition, the Translation Consultant in Defensive Driving and Transport (TC), Very Rev. Prof. Ekem and the Management by the Road Safety Limited, Computer Assisted Publishing (CAP) RSL, based in Tema. The three were: Manager, Rev Issifu Dokurugu, organized training sessions for the Bono Translators Mr. Bernard Yevu and Reviewers in June 2018. - Warehouse Officer v. The Translations Officer, Rev Kennedy Mr. Felix Angmortey Owiredu and two Translators, Rev Isaac - Distribution Officer Boaheng (Bono) and Mr Mathias Dery Mr Andrew Ntsiful (Dagaare) attended a Biblical Hebrew and - Assistant Distribution and International Colloqium organized by the Programmes Officer Trinity Theological Seminary from 24th iv. Mr Courage Attidorkpo had a three- June to 6th July, 2018. day in-house training in Tally and Stock Management software organized in Accra. 2018 ANNUAL REPORT & FINANCIAL STATEMENTS REPORT 2018 ANNUAL 3.5. 17th Annual Staff Retreat is currently being printed. We hope to receive stock of this revised Bible for launching in The 17th Annual Staff Retreat came off from 2019. 1st to 5th October, 2018 at the Presbyterian Women’s Centre, Abokobi. The Chairman of the 4.1.3. Perfecting the Dangme Bible Text Bible Week and Church Relations Committee, The Dangme Bible, published in the year Pastor Dr. Chris Annan-Nunoo gave the 2000, was subjected to meticulous cleaning, exhortation to staff on the theme: ”The Bible working on the Unified Standard Format Mark- and our Civic responsibilities”.