Charity Registration Number . 1006100
CHILDREN OF MEDJUGORJE TRUST
TRUSTEES, REPORT
AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 OCTOBER 2024

CHILDREN OF MEDJUGORJE TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Angela Callan
Pamela Nelson
Barry Authers
David Wheeler
Charity Number
Registered Office
1006100
33 HILLVIEW ROAD
Pinner
HA5 4PB
Independent Examiner
David Warren
Cocke, Vellacott & Hill
Unit 15, City Business Centre
London
SE16 2XB

CHILDREN OF MEDJUGORJE TRUST
CONTENTS
Pages
Trustees, Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
9-14

CHILDREN OF MEDIUGORJE TRUST
TRUSTEES, REPORT
for the year ended 31 October 2024
The trustees present their annual report and financial statements for the year ended 31
October 2024.
REPORT OF THE TRUSTEES
The Trustees presenttheir annual reporttogetherwith the financial statements of Children
of Medjugorje Trust (the charity) forthe year ended 31 October 2024. The Trustees confirm
that the Annual Report and financial statements of the Charity comply with the current
statutory requirements, the requirements of the Charity's governing document and the
provisions of the Charities Statement of Recommended Practice (FRS 1021.
TRUSTEES
Thetrustees who served the Charity duringthe year and since the year end were asfollows:
David Wheeler (Chair)
Barry Authers
Angela Callan
Pamela Nelson
OBJECTIVES AND ACTIVITIES
The Charity's purpose set out in the Trust deed dated l October 1991 as amended on 25
July 2025 is to spread the Christian religion by dissemination of the messages given at
Medjugorje and promoting examination of the messages.
While pursuing the objectives of the Charity, the Trustees have given careful consideration
to the Charity Commission's guidance on public benefit.
ACHIEVEMENT AND PERFORMANCE
The Charity has grown and has in excess of 300 members. The circulation of the
newsletters/magazines, which include Our Lady's monthly messages to the visionary Maria,
and messages given to visionary Mirjana, together with reflections and testimonies,
continues to grow. The newsletter is spread far and wide and is currently at issue 191 . Also,
the Factsheet drafted by the charity explaining what is happening in Medjugorje has been
revised and updated. Several thousand copies have been distributed in the UK and abroad
in furtherance of dissemination of the messages. Priests are being encouraged to go on
pilgrimage to Medjugorje and the charity will continue to assist them in this regard.

CHILDREN OF MEDJUGORJE TRUST
TRUSTEES, REPORT (Continued)
for the year ended 31 October 2024
FINANCIAL REVIEW
In the year ended 31 October 2024, the Trust was fortunate to receive a legacy of £120,000.
Other donations including subscription were £4,609 (2023: 4,326), income derived from
charitable activities was £1,168 12023: £1,274) and bank interest received was £1,578
(2023: £5). Charitable activities, expenditure was £11,002 {2023: £6,367) and other
expenditure was £120 (2023: £ 1,444). The surplus for the year was £116,233 (2023: deficit
of £2,206).
As at 31 October 2024 the Charity held unrestricted reserves of £128,131 (2023: £11,898).
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity is a charitable trust. It operates under the rules of its Trust Deed dated I
October 1991 as amended on 11 July 2025.
The Trustees are appointed in accordance with the Trust Deed. New Trustees joining the
Board are given an appropriate briefing on their obligations under charity law and on the
contents of the Trust Deed. They are also referred to guidance issued by the Charity
Commission on the role of the Charity Trustee.
The main risk to the Charity is a failure to generate sufficient income from sales to finance
its operations as well as provide funding for any charitable projects that the charity might
Wish to undertake. The trustees are satisfied that the major risks have been mitigated as
far as reasonably possible, but the Board recognises that it must keep these risk5 under
constant review. The controls in place include regular updates to trustees on our financial
position, the preparation of formal agendas for Board meetings which highlight areas of
concern and formal approval procedures for financial and strategic decisions.
PLANS FOR FUTURE PERIODS
The Charity will continue to issue 6 newsletters per annum and print and circulate the
Factsheet. The charity will continue to encourage and assist pilgrimages for priest and laity
and offer assistance for those who feel called to go to Medjugorje but do not have the
means to do so. This is a positive way to disseminate the messages for the furtherance of
examination and the Christian faith. The charity will consider assisting charities whose
objects accord with the objects of Children of Medjugorje.
RESERVES POLICY
The trustees aim to generate sufficient income from donations and sales of literature to
cover operating expenses and to run at breakeven. Prior to receipt of the legacy the
trustees aimed to have 12 months, operational expenses in available reserves. The trustees

CHtLDREN OF MEDJUGORJE TRUST
TRUSTEES, REPORT (Continued)
for the year ended 31 October 2024
intend to invest the legacy such that it contributes to revenue necessary to cover future
operational expenses.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees are responsible for preparing the annual report and the financial statements
in accordance with applicable law and United Kingdom Generally Accepted Accounting
Prattice.
Charity law applicable to charities in England and Wales requires the trustees to prepare
financial statements for each financial year which give a true and fair view of charity's
financial activities during the year and of its financial position at the end of the year. In
preparing financial statements giving a true and fair view, the trustees are required to:
-select suitable accounting policies and then apply tbem consistently,
-make judgements and estill￿tes that are re&sonable and prudent. and
-state whether applicable accounting standards have been followed, subject to any
material departures that must be disclosed and explained in the financial statements; and
-prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which are sufficient to
show and explain the charity's transactions and to disc105e with reasonable accuracy at any
time the financial position of the charity and enable them to ensure that the financial
statements comply with the Charities Act 2011, the provision of the Trust deed and the
Charities SORP (FR5 102). They are also responsible for safeguarding the assets of the
charity and hence for taking reasonable steps for the prevention and detection of fraud and
other irregularities.
Approved by order of the Board of Trustees on 20 August 2025 and signed on its behalf by:
David Wheeler
Trustee
Date: 20 August 2025

CHILDREN OF MEDJUGORJE TRUST
INDEPENDENT EXAMINER'S REPORT
forthe year ended 31 October 2024
Independent Examinerfs Report to the Trustees of Children of Medjugorje Trust
I report to the Charity Trustees on my examination of the accounts of the charity for the
year ended 31 October 2024 which consists of the statement of financial activities, balance
sheet and the related notes
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011 ('the Act,)
I report in respect of my examination of the charity's accounts carried out under section
145 of the Act and in carrying out my examination I have followed all the applicable
Directions given by the Charity Commission under section 14515){b) of the Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no material matters have come to my
attention in connection with the examination {other than that disclosed below I which
gives me cause to believe that in any material respect:
the accounting records were not kept in accordance with section 130 of the
Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form
and content of accounts set out in the Charities (Accounts and Report51 Regulations
2008 otherthan any requirement thatthe accounts give a'true and fair, view which
is not a matter considered as part of an independent examination.
I have no concern5 and have come across no other matters in connection with the
examination to which attention should be drawn in this report in order to enable a
proper understanding of the accounts to be reached.
Name: David Warren
Date: 20 August 2025

CHILDREN OF MEDJUGORJE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 October 2024
Recommended
categories by activity
Unrestricted
funds
Total Funds
2024
Total Funds
2023
Notes
Income and
endowments from:
Donations and
legacies
124,609
124,609
4,326
Charitable activities
1,168
1,168
1,274
Investments
1,578
1,578
Total
127,355
127,355
5,605
Expenditure on:
Charitable activities
11,002
11,002
6,367
Other
120
120
1,444
Total
11,122
11,122
7,811
Net
income/(expenditure}
116.233
116,233
{2,206}
Net movement in
funds
116,233
116,233
(2,206)
Reconciliation of
funds:
Total funds brought
forward
11,898
11,898
14, 104
Total funds carried
forward
128,131
128,131
11,898

CIULDREN OF MEDJUGORJE TRUST
BALANCE SHEET
for the year ended 31 October 2024
Notes
Total Funds 2024
Total Funds 2023
Current assets
Stocks
1,278
917
Debtors
1,867
980
Cash at bank and in hand
127,040
11,453
Total current asset5
130,185
13,350
Creditors: amounts falling
due within one year
10
2,054
1,452
Net current
assets/(liabilities)
128,131
11,898
Total net assets or liabilities
128.131
11,898
Funds of the charity
Unrestricted funds
11
128,131
11,898
Restrirted income funds
11
Endowment funds
11
Total funds
128,131
11.898
The financial statements were approved by the trustees on 20 August 2025 and signed on
its behalf b
David W
Trustee
Date ." 20 August 2025
eeler

CHILDREN OF MEDJUGORJE TRUST
NOTES TO THE FINANCIAL STATEMENTS
forthe year ended 31 October 2024
l. Accounting Policies
The principal accounting policies adopted by the Charity, which is a public benefit entity,
in the preparation of the accounts are as follows.
1.1 Basis of preparation
These accounts have been prepared under the historical cost convention, as modified by
the inclusion of charitable properties and fixed asset investments and investment
properties at valuation.
These accounts have been prepared in accordance with "Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 102)" (effective l January 2019}- (Charities SORP IFRS 102)), the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and
the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
1.2 Going concern
The Trustees have prepared financial projections, taking into consideration the current
economic conditions and have, at the time of approving these accounts, a reasonable
expectation that the charity has adequate resources to continue in operational existence
for the foreseeable future. Thu5, they continue to adopt the going concern basis of
accounting in preparingthe accounts.
1.3 Income f rom donations or grants
Income from donations and grants is recognised when the charity is entitled to the funds,
the receipt is probable, and the amount can be measured reliably. For donations, this is
usually on receipt. For grants, this is usually when a formal offer is made in writing. If a
donation or grant contains terms and conditions outside of the charity's control which
must be met before the charity 15 entitled to the funds, or if the donor specifies that the
funds must be used in future time periods, then the income is deferred.
1.4 Legacies
Legacies are included in the SOFA when receipt is probable, that is, when there ha5 been
grant of probate, the executors have established that there are sufficient assets in the
estate and any conditions attached to the legacy are either within the control of the charity
or have been met.

CHILDREN OF MEDJUGORJE TRUST
NOTES TO THE FINANCIAL STATEMENTS (Continued)
for the year ended 31 October 2024
1.5 Income from charitable activities
Income from charitable activities is recognised over the period to which the income
relates. Concert fees are recognised at the date of the event. Membership fees are
recognised overthe period of the membership. Any amounts relating to future periods are
deferred.
1.6 Income from membership subscriptions
Membership subscriptions received in the nature of a gift are recognised in Donations and
Legacies. Membership subscriptions which give a member the right to buy services or
other benefits are recognised as income earned from the provision of good5 and services
as income from charitable activities.
1.7 Expenditure
Expenditure is recognised when a present legal or constructive obligation exists at the
balance sheet date as a result of a past event, it is probable that a transfer of economic
benefits will be required to settle the obligation, and the amount can be estimated
reliably. It is inclusive of VAT which cannot be recovered.
Direct costs are those costs which directly attribute to its activities. Wages and salaries are
allocated to direct costs based on an estimate of time spent on charitable activities by staff
members.
Support costs include staff costs and are those which do not produce a direct output. Staff
costs relate to specific activities, and th is is reflected i n the allocation of payroll costs based
on the percentage of time spent.
All costs, including 8overnance costs, are allocated between the expenditure categories of
the charity on a basis designed to reflect the use of the resources. Costs relating to a
particular activity are charged directly,- others are apportioned on an appropriate bas15.
Support cost5 and overheads have been calculated by allocating staff time to the level of
involvement in the variou5 activities of the Charity.
1.8 Fund accounting
Unrestricted funds are those funds which are available for use at the discretion of the
Trustees in furtherance of the general objectives of the charity and which have not been
designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions
imposed by donors, or which have been raised by the charity for particular purposes.
10

CHILDREN OF MEDJUGORJE TRUST
NOTES TO THE FINANCIAL STATEMENTS (Continued)
for the year ended 31 October 2024
1.9 Stocks and work in progress
Stocks held for sale as part of non-charitable trade are measured at the lower cost or net
realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable
value based on the service potential provided by items of stock.
1.10 Debtors
Debtors (including trade debtors and loans receivable) are measured on initial recognition
at settlement amount after any trade discounts or amount advanced by the charity.
Subsequently, they are measured at the cash or other consideration expected to be
received.
2. Income from Donations and Legacies
Analysis
Unrestricted funds
Total funds 2024
Total funds 2023
Donations
and gifts
Legacies
Membership
subscriptions
and
sponsorships
which are in
substance
donations
2,698
2,698
1,920
120,000
120,000
1,911
1,911
2,406
124,609
124,609
4,326
3. Income from Charitable Activities
Analysis
Unrestricted funds
Total funds 2024
Total funds 2023
Sale of
Promotional
Materials
Sales of
Literature
134
134
176
1,034
1,034
1,098
1,168
1,168
1,274
11

CHILDREN OF MEDJUGORJE TRUST
NOTES TO THE FINANCIAL STATEMENTS (Continued)
for the year ended 31 October 2024
4. Income from Investments
Analysis
Unrestricted funds
Total funds 2024
Total funds 2023
Interest
income
1,578
1,578
1.578
1.578
5. Expenditure on Charitable Activities
Total funds 2024
Total funds 2023
Analysis
Donations
3,511
195
Printing and stationery
Purchase- Literature
Purchase- Videos/Tapes,
Promotional
Postage & Courier
Printing and Publication Cost
Support Costs
185
194
261
103
2,989
2,850
1,263
2,816
2,908
94
11,002
6,367
6. Support Costs
Total funds 2024
Total funds 2023
Analysis
Support Costs
Accountants fees
Telephone & Internet
1,200
63
94
1,263
94
7. Other Expenditure
Unrestricted funds
Analysis
Total funds 2024
Total funds 2023
Sundry
expenses
120
120
1,444
120
120
1,444
12

CHILDREN OF MEDJUGORJE TRUST
NOTES TO THE FINANCIAL STATEMENTS (Continued)
for the year ended 31 October 2024
8. Debtors: Amounts falling due within one year
Total funds 2024
Total funds 2023
Prepayments & accrued income
Sundry Debtors
1,523
344
689
291
1,867
980
9. Cash at bank and in hand
Total funds 2024
Total funds 2023
Petty Cash
CAF & BOS Saving Account
Bank of Scotland
115
38
115,046
11,879
436
10,979
127,040
11,453
10. Creditors: Amounts falling due within one year
Total funds 2024
Total funds 2023
Accruals and deferred income
Sundry Creditors
1,200
854
1,452
2,054
1,452
11. Charity funds
11.1 Details of material funds held and movements during the current reporting
period
Fund
balances
brought
forward
Fund
Gains and balances
losses
carried
forward
Transfers
Fund names
Income Expenditure
Unrestricted
funds
11,898
127,354
11,121
128,131
11,898
11,898
127,354
127,354
11,121
11,121
128.131
128.131
Total
13

CHILDREN OF MEDJUGORJE TRUST
NOTES TO THE FINANCIAL STATEMENTS (Continued}
for the year ended 31 October 2024
11.2 Details of material funds held and movements during the previous reporting
period
Fund
balances
brought
forward
Fund
Gains and balances
losses
carried
forward
Fund names
Income Expenditure
Transfers
Unrestricted
funds
14,104
5,604
7,810
11,898
14,104
14,104
5,604
5,604
7,810
7,810
11,898
11,898
Total
14