2020-12-31-accounts

Flying forLife Mission Aviation Fellowship UK IMAF UK} A compcnyllmiteo tyguorartte¢. notthng shurecupltol Annual Report and Financial Statements for the year ended 31 December 2020 75) YEARS England and Wales Registered Charity Nurnber.. 1064598 Scottish Charity Number: SC039107 Company Number., 3437446

Mission Aviation Fellowship UK- Annual Report & Accounts 2020 Contents Sertion Messa8e from the Chair and the Chief Executl¥e Report of the Trustees PublSc Beneflt Operational Impact South Sudan, bringing hope SIn￿ 1950 Papua New Guinea, provldSnB a lrfeline 51nce 1951 Kenya, servlng slnce 1959 Tanzania, flyin8 for life since 1963 Chad, reaching Isolateil people Since 1966 Arnhem Land, supportlng the communlty slnce 1973 Uganda, servlng the church slnce 1987 Ban8lèdesh, enablin8 partners since 1995 Tlmor-Leste, savirb8 live5 51nce 2007 Llberla, supportlng medlcal care slnce 2015 Objectlves and Actfvitles for 2020 The MAF Team In the UK MAF In Scotland MAF Youth Internatlonal Staff Conclusion for 2020 Future Plans Sirateilc Report Financlal Review Investment Powers and Pollcy Reserves Pollcy Prlnclpal Rlsks and Uncertalntles Rlsk Management Fundralslng Methods and Processes Structure, Governance and ManaBement Governlng Document, Appointment of Trustees, Trustee Inductlon and Tralnlng Organisational Structure GovernancE Safeguardlng Remuneratlon Pollcy Related Partie5 Internal Controls Trustees, Responsibilitle5 In Relatlon to the Flnanclal Statements Provi56on of Information to Auditors Legal and AdmSnlstratlve Information Independent Auditorfs Report Statement of Flnancial Activitie5 Balance Sheet C•sh Flow Statement Note5 to the FSnanclal Statements io io io 12 12 13 13 14 14 15 16 16 16 16 16 16 17 17 18 18 19 20-24 25 26 27 28-36

Mission Aviation Fellowship UK- Annual Report & Accounts 2020 Message from the Cha5r and Chief Executl¥e 2020 was a year like no other. It began with the joy of MAF Teaching its 75th year, and ended wlth a second lockdown caused by coronaviru5, the cancellatlon of a celebration event planned for Westminster Central Hall, and a reduction in flying in many MAF programmes. It was a150 a year of great sadness when, on 29 August 2020, Stuart Kln& one of MAF'S founders, went to be with the Lord. Stuart, the Normandy landings veteran, englneer, pllot, visionary and missionary who played a vltal pioneering role in MAF'5 early days, continued as President EmeritU5 until departing for glory at the age of ninety-eight. Another year ol fiyln8 for Ilfe And yet, despite the challenge5 of what has been a difflcult year, God enabled us to contlnue flylng for life- albeSt at a signlflcantly reduced level- our pllot5 and personnel holding on to the words of Psalm 46'.7, The lord Alrni8htY 15 with us,. the God of Jacob Is OUT fortre5S.' Lockdown In many of the countrles MAF serves had an immedlate Impact on fll8ht operatlons, wlth every fllght to each locatlon Inf(ially requlrin8 speclal permission. Havlng found ways to make our service Covld-19 secure, MAF plane5 dellvered face masks, coronavlrus test klts and hand sanitlser to a variety of remote locatlon5 in Afrlca and the Asla.Paclllc reglon, continuing to help save Ilve5 and serve where posslble a5 part of the initial response. The year of our 75th annlvefsary was a year In whlch we proved, yet agaln, that the steadfast love of the Lord never ceases (Lamentatlons 3'.22-231, and we praise Him for enablin8 thls to be so. A year of God's l•Sthfulness As the 2020 Trustees, Report shows, the same God who was with Stuart at the very start of MAF'S fled8lln8 mi55ion, and who has led us falthfully for the last 75 years, enabled MAF lo contlnue brlnging help, hope and heallng to people Ilvlng In some of the poorest and m05t difficult-to-access areas of the world. The coronavlrus pandemic caused hltherto unseen levels of economSc uncertalnty, hospltalisatlons, coronavlrus-related deaths, the need for Isolatlons and lock downs. cancellatlons and threats of job losse5. Despite thls, our wonderful donors ￿maIned extremely generous and loyal. Even wlth churches shut and events cancelled, donatlons and prayers continued to flow In. Our teams In the UK all mlgrated to workinB from home, making a huge effort to adapt searnle5sly to the new situation In whlch they found themselves so that our operations here could coniinue, enabling us to support our beneficiarles overseos and be best placed to further serve as global ￿$trICtIonS are Ilfted. It was a year in which MAF alrcraft delivered food to Arnhem Land's indlgenous inhabitants, brought healthcare to remote TanzanSan vlllages, carrled out medical emergency fli8ht5 in Papua New Guinea, transported coronavirus test krf(s to hard-to-reach towns in Liberla, Chad and South Sudan. brought corn to an i51and in Timor-Leste following a disastrous crop failure, and dellvered humanitarian relief to those who had lost thelr homes when flooding displaced more than 25,IXKI people in Kasese, Uganda. A year of mana8lng the ¢r151s whlle looklng to the future 2020 was also the year in which, apart from restructurlng our proBrammes in Arnhem Land and Kenya to serve our partners more efflclently, MAF continued to expand Its ministry, with work progressing well o new airstrip in Lailenpi, Myanmar, and encouraging progress being made in establishing a west Afrlca base with the new hangar in Liberia being completed. Page I

Mission Aviation Fellowship UK- Annual Report & A¢count$ 2020 It was also a year in which we thanked God for the faithful serwice of our 30 UK-origin missionary staff and their families, adapting to new working condltlons and keeplng MAF ready to serve whenever the situation allowed. In the Operat)nal Impact section of thls Report. we have the privilege of sharing just a small number of the many inspirallonal 5torles that show God's love at work in countrie5 such as Bangladesh, Chad, Kenya, Llberia, Papua New Guinea, South Sudan, Tanzania, Tlmor-LestÈ and Uganda. We received many 8ifts in honour of Stuart King's life and we created a new fund in his name. The fund wlll help to finance the technical traSninB of both UK and inteinational candidate5 in the skllls they need to seNe with MAF. Equipping a new 8eneratlon In th15 way will enable us tocontinue to respond to the ever-increasing need for our mission around the world and serve a5 a fltting part of Stuarfs great legacy. A year of God's blesslni amld trlals We pralse God for H15 provlslon durln8 2020 of.. Nearty £13 rnillion of income Nearty £3 million recelved In legacy glfts 2 new 5tafflfamllle5 who went overseas . Over 8,5(￿1 new contacts and supporters Thank5 to the loyal support, prayerful commitment and abundant generoslty of our falthful supporters, WÈ continue to relolce In the many encoura8in8 Storles that tell of Ilves and Ilvellhoods saved, enriched and transformed. A year of thankfvlness Although we weren't able to celebiate In the way we'd orlglnally Intended, wkh our 75th celebratlon5 belng held online, we were nevertheless able to contlnue servln8 In many of the developSn8 world's most vulnerable natlon5, provldlng the kind of 5UPPOrt and asslstance that enabled us, In the wold5 of Stuart Kln8, to be blessed by God as we ble55ed others. Llke many other or8anlsatlons, the challenges have been slBnlfitant for MAF. However, wherever possible, we have responded to the challenges and managed to stay strong Stlcklng to Stuart's unwavering vlslon and commltment to servlng Isolated people now, and In the years to come. Through the gifts and prayer5 of our wonderful supporters, we were able to keep our planes flylng wherever posslble- 2020 belng a year In which we not onlygave thank5 to God forthe present and the past, but looked forward in faith to all that Iles ahead. Gareth Mitchell Chair of Trustees Ruth Whltaker Chief Executive Page 2

Mi55ion Aviation Fellowship UK- Annual Report & Accounts 2020 Report of the Trustees lor thè year ended 31 December 2020 The Trustees are responsible for preparing the Annual Report and the financial statements In accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. The Trustees, who are also D1￿CtOrS of Mission Aviation Fellowship UK IMAF UK) for the purposes of the Companies Act, have pleasure In presentin8 the Report and Accounts for the year ended 31 Decernber 2020. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Articles of Association, and Accounting and Reporting by Charltles.. Statement of Recommended Practice applicable to charities preparing thelr accounts In accordance wflh the Flnancial Reporting Standard appllcable in the UK and Republic of Ireland IFRS 102. October 20191. Publk Beneflt The Trustees confirm that they have had regard to the guidance on publlc benefit published by the Char Commission in exercisinB thelr powers and duties. As illustrated In thbs Trustees, Report, MAF UK supports the worldwlde work of MAF, whlch alms to reach people Ilvlng In Some of the most isolated parts of the world. In many countrles, Insecur6ty can render road travel hlghly dangerou5. MAF'S fleet of118ht alrcraft enables access to remote communltles, connectlng th05e in need wlth those that can help. Even In places where it is safe to travel, there may be no road5 or, if roads do exist, they can become Impassable for months at a tlme due to natural dlsasters, adverse weather condltlons and confllct. Op•r•tlon•l Impact Before the coronavlrus pandemlc, words such a5 'soclal dlstancin8', 'shleldlng' and 'lockdown' were mostlv unknown. In 2020, however, they became chlllln8ly famlliar. But the￿ is one word wfth which MAF personnel have always been aware, and thal Is 'isolation'. One of the reasons we exlst Is to combat 1501atlon by flylng humanStarlan rellef and splrltual hope to communitles that are cut off, The biggest Impact of Covid-19 was on our abS11ty to fly. MAF fllghts were drastlcally reduced because of lockdown In the countrles In whlch we operate, although this varled from natlon to natlon. When the ouibreak first be8an, only 15% of our fllghts were able to operate. Although reglons like Arnhem Land In North Australla were untouched by the coronaviru5, and we were able to continue flylng in countries such as Liberia, Souih Sudan and Bangladesh, the pandemlc adversely Impacted oui programmes. As the year pro8re5sed, however, MAF flight hours slowly Increased a5 lockdown5 Ilfted and fllght bans were removed. De5plte thls slgnlficant decrease In the number of fi18hts carried out by our 138 118ht aircrift, we were neverthele55 able to respond swlftly and efficientty to the needs of Isolated people In 28 developing countrles. During 2020, our pllots flew to some 1,4(Kl remote and inaccessible locations, enabllng ald and Telief organisations, churches and individuals to care for thousands of vulnerable people. The followlng Is an example of some of the actlvlties carried out by MAF programmes in Africa and the Asia- Pacific region iIIu5trating that, desplte Coviil-19. MAF continued to brlng help, hope and healin8 to some of the world's poorest ind remotest regions. Pa8e 3

Mission Aviation Fellowship UK- Annual Report & Accounts 2020 South Sudan, brln8ln8 hope since 1950 In South Sudan, where decades of civll war and oppression have left vast regions of the country impoverished, we transported four Land Cruiser tyres, PPE and food to Holy Trinity Peace Vlllage in Kuron - I community made up of different tribe5. ethniclties and faiths livlng peacefully together. We a150 flew coronavirus test kSts to Wau- a two-hour flight from the capltal Juba - at the request of the World Health Organisation and South Sudan'5 Ministry of Health. Other MAF flights delivered flipcharts and training materials to raise awareness of coronavirus in Pariang County, and transported 2 tonnes of oranges, bananas and biscults, along wlth medical supplies, 50ap and locally manufactured face masks, to Padeah. Dlndln and t)oro. 5,Crf)O solar powered radios were flown to Malualkon in the north of the country on behalf of partner, Every Village which broadcasts Christlan pro8ramme5 In local languages. Pllot Wim Hobo explains 'you can di5tTlbute Bibles but for many people who never learnt to read, the radio is much more accessible. Wlth lust one of these radlos ihe whole family can listen together. Such a small devlce has suth a bl8 Impact. Thousands of people can be reached for the Gospel wlth just one plane load of cargo., Papua New Gulne•• provldlng a Ilfellne slnce 1951 In Papua New Gulnea, where many communitles are Isolated due to impenetrable Jungles, mountain5 and 5w3mps, a boy bitten by a death adder Sn mountalnous Owena was flown to hospltal lust In tlme. Fortunately* the poison hadn't made Its way Into Naha's bloodstream, and the youngster was able to receive treatment before It was too late. In the lowland distrlct of Morehead, we flew PPE to healthcare workers whose morale was at an all-tlme low because they couldn't treat patients wlthout protectlve clothing. By brinBing In masks, 8loves and hand sanitiser, as well as Workers from the Aerlal Health Patrol, we enabled the cllnids staff to provlde patlents wlth the care they needed. In the1501ated community of Mou8ulu the 5ervlce of the local health centre was restricted by an Snadequate power supply. Our technology team Installed a solar power system enabllng the centre to offer thelr patlents a round-the-clock servlce. We also offered Insplratlon when Oksapmin Secondary School Sn Tekln wa5 c105ed due to coronavlrus wlth Communications Offlcer Mandy Glass suBgestln8 that, as a speclal assl8nment, students could wrlte about the many beneflts MAF had brought to thelr communlty. Kenya, seNln8 slnce 1959 In Kenya, where overland travel can be dan8erous by day and treacherous at nlght, we alrlffted two bables from arld Dukana, and flew them to Kllabe Hospltal. MAF Pllot Danlel Loewen-Rudger5, who arrlved at Dukana with an AIM AIA nurse, 53id, 'It was a mlracle that we could fly them to a very good hospital like Kljabe durlng the pandemic., Although ten-month-old baby Isako died because he had TB, two-day-old Barako Survived an operation that only a couple of surgeons in the whole of Kenya were able to perform- making him the youngest baby to survlve thls kind of heart 5ur8ery In the country. Another flSBht, for Christlan charity RedTribe, picked up TV presenters and a film crew that had documented development projects that enabled the Maasai people hidden away in the remote Lotta Hllls to receive heakhcare, eduCat￿n and a Ilvelihood. 'The flight was quite 3mazin&' Shared one of RedTrlbe's founders. 'It was booked wlthout knowlng how the world would suddenly change due to coronavlru5. Wlthout thelr partnership. we'd be stuck. It's so important that partners and volunteers can visit the projects, and MAF 15 making this pos5Sble, It's an amazin8 Wltne5sI' Page 4

Mission Aviation Fellowship UK- Annual Report & Account5 2020 Tan23nla. flylng for life since 1963 In rural Tanzania, where there is a dangerously inadequate network of dirt-track roads, MAF aircraft played an essential part in providing essential healthcare. As part of a re8ular medical safari, we flew a team from Haydom Lutheran H05Pltal to the vllla8e of Gorimba, enabling the 4 nurses to examlne 126 Pregnant women, inoculate 585 children and check the he3￿h of 223 youngsters. Chad, reachlng Isolated people sln¢e 1966 In Chad, one of the poorest nations on earth, buses weren't all¢)wed to run because of the pandemic, so MAF partnered with the Ministry of Health to transport coronavirus test kits to hard-to.reach towns such as Abéché. We also carried out a fllght for the Sahara Conservation Fund to help track and transport è number of endangered dama 8azelle to the NGO'S reserve so they could breed safety. Uslng alrcraft to cover the extenslve area where the graceful anlmals were Ilkely to be found, Pllot Phil Hender50n succe55fully tracked four of them. One of the gazelles, which wa5 flown by Phll In Our Cessna 182 - Its horn5 covered In tublng to prevent damage to the plane - was named Becki In honour of Pllot and Operatlons Manager Beckl Dillingham. The journey, Phil sald, wa5 Particularty excitin8 because the only animal cargo he had carrled before had been two small rabbitsl Arnhem Land, supportln8 the communlty slnce 1973 MAF Arnhem Land has been working on a project to brlng the 8lble to the Yoln8u In the form of solar- powered audlo players. These players are loaded wlth Gospel material and worshlp muslc In Yolngu-matha. Whlle physlcal Blbles are stlll belng translated and prlnted, these audio Bibles have qulckly galned popularltv. In partnership with Bible Society Australia, MAF Arnhem Land has made 4¢￿ audlo players avallable for dlstrlbution to the Yoln8U. U8ando, ser¥ln8 the church slnce 1987 In Uganda, a countrythat has the largest number of relugees in Africa, we enabled Prlnce5s Marle of Denmark to vlsit a number of prolecls as patron of DanChurchAld. We also flew the organbsatlon's General Secretary. tts Country Dlrector, the Danlsh Ambassador to Uganda, Ihe Princess, asslstants, and some reporters. According to Pllot Rembrand Rodenbur& 'The Prlncess was real￿ engaged, and we talked about her work as patron and what that meant to her., Thank5 to Rembrand's flight, the Prlncess was able to visit the Ornugo Refugee Settlement where she chatted wlth families involved In a prolect that provldes sustainable climate solutions for refugees Ilvlng In Arua, Yumbe and Karnpala. Dd Although flights In Uganda were grounded from 22 March owing to the coronavirus pandemlc, in May MAF received special permlsslon to dellver 38,400kg of emergency supplies, food and water to communities thal had been left wlth nothlng when schools, houses, farm5 and health facilitie5 were subrner8ed under a torrent of water after four rlvers In the Kèsese district burst thelr banks. With 19 evacuation centres set up to help the 173,000 people who had losttheir home5, MAF'S Dlsaster Response Team wa5 delighted to fill our aircraft wlth supplies donated by the Ugandan Prime Minister and various NGOS. The U8andan authoritie5 gave permission to resume domestic passenger flights on 23, September. The flrst flight took Lutheran World Fellowship's Director, Jesse Kamstra. to Adlumani to visit the refugee settlement where LWF Is involved in water, Sanitation and hygiene projects and campaigns which dispel false information about coronavirus. Pilot Greg Vine explain5. thls has also been a very diffScult time for beneficlarles who have Page 5

Mission Aviation Fellowship UK- Annual Report & Accounts 2020 prevlousty accessed support and services from MAF'5 partners. IVS a great thing to resume passenger flyln8, which has a dirert impact on the people we serve. Once again. we're helplng our partners to get the job done." Ban8ladesh, enabllng partners slnce 1995 In Bangladesh, where millions of people live in one of ihe most densety populated and geo8raphically unstable reglons on the planet. despite extremety limited flying, MAF Pilot and Country Director Sundar Daniel worked closely with the government and Clvll Aviation Authority to flnd new ways to continue serving the populous natlon. With socbal distancing measures in plate - our floatplane disinfected after every fli8ht, temperature checks tsken, hand 5anitiser provided and passengers given face masks when they boarded we dellvered humanitarian relief throuBhout the country a5 well a5 flying for the floating hospital run by the human6tarian NGO and MAF partner Friendship. Our floatplane also receSved special permlssion lo rescue a Swlss volunteer workin8 in an isolated area near the Sundarbans, flyln8 her back to Dhaka 90 mlnutes before an international evacuatlon fll8ht left for her homeland. Another ald worker, from Chrlstlan charlly World Vislon, wa5 a150 flown to the capltal. and commented, 'I've flown previously wlth MAF In Uganda, and I know MAF comes to the rescuel, Tlmor-Leste, $￿Ing Ilves slnc• 2 In Tlmor-Leste, where an estlmaled 50% of chlldren suffer from malnutrltlon, we brou8ht corn to Atauro Island, followln8 a dlsastrous crop fallure. Havlng permission from Timor-Leste'5 Prime Minster to enter the Country tocarry out ur8ent medevacs, MAF Pilot Marcus Grey 500n found himself alrlffting two women wlth pregnancy cornpllcations and taking a four- day-old boy who had problems with hls di8esllon to hospital. Relief Pilot Brldget Ingham, who flew three NGO workers to the Iso13ted enclave of Oecusse, wa5 then asked to fly the Presldent of Oecusse and four of hls staff to Dlll for a meetlng In Parllament. Arrlvlng at Dlli, we had to turn the plane around Straight away for a medevac at Viqueque. Llberla. supportlnl medl¢•l care slnce 2015 In Liberia, a country whlch has experienced two devastatln8 clvll wars and the rava8e5 of Eljola, and where our new hangar was completed In 2020, Pllot Steven 81885 responded to a request from Llberia's Ministry of Health to lty a suspected coronaviru5 vlctlm's test kit from remote Zwedru to the onty hospltal able to process 'If it wasn't for ourfllght,, Steven 5aid,'the medical team would have had a 20-hour louiney on terrible road5, then back a8aln- with time wasted and many more potential infectSons. God has placed MAF here for Just such 3 reason, and I feel prlvlleged io be here. All these and many other projects were only p055ible because of the faithful support of our Indlvidual supporters, churches and grants from governments and instltutions. These Included.. AFD Software Hale Famlty Charitable Trust International Society of Transport Air Trading RoBer De Haan Charltable Trust Souter Charitable Trust The Misses Robinson Charitable Trust Page 6

Mission Aviation Fellowshlp UK- Annual Report & Accounts 2020 Oblecthies and Actlv5tles for 2020 MAF UK'S aim is to enable partner churches, misslons, humanitarian, relief and development agencles to reach remote communities with the love of Christ by providing practical help and spiritual hope. The main purpose and activity of MAF continues to be the provislon of subsidi5ed, safe and secure aviation 5ervlces In parts of the world where travel by road Is Impossible, unsafe or too slow to reach i501ated areas. Christians who share this aim use their skills in aviation and other fields to partner with national churches, relief and development agencies, misslons, hospltals and 8overnments to meel the most presslng of human needs. MAF UK is a member of MAF Intemational IMAFII, which is an associatlon of Operatlonal and Resourcing MAF Groups around the world, all with the same charitable objects, vislon and mi55ion. MAF UK'S charitable actbvltles are achieved throu8h the provision of funds and staff. Funds raised in the UK for MAF work are passed to MAFI whlch manages the overseas operatlons. Restrlcted funds are pa55ed across when they afe received, and each year MAF UK makes an unrestricted grant to MAFI, which 15 given monthly. Thi$ grant Is based on MAFI'S bud8eted need and MAF UK'S expecied Income. The overseas staff recruited and employed by MAF UK ère seconded to MAFI. Speclflcallyi our oble¢tlves and outcomes In 2020 w•re: Increasin8 awarenes5 of our work In reachlnglsolated people In the developlng world by attendlng events and through varlous medla outlet5, To enable us to en8a8e wlth potentlal supporters, we had planned to attend a variety of events in 2020. Coronavirus re5triction5 meint that these were cancelled, so we focused on raising our profSle and Increasln8 awarene55 In the media and onllne. We continued to grow our edltorSèl presen￿ In a wide range of medla outlets including BBC Radio, The Tlme5, The Guordion, UCB and Premier Christian Radio. We used our social media presence to augment the impact of medla coverage and to encourage ex15tlng and potentlal new supporters to engage with u5 onllne. Growlng partnershsps wlth supporters and trusts and developlng new opportunltles for donors to fund core programme costs and capStal needs. The coronavirus pandemic ha5 presented MAF wlth unprecedented challenges, not least the questlon of how to engaBe wbth current and potentlal donors without belng able to meet face-to-face. Virtual contact, which rapldly became the normi proved to be a hlghly effectlve method of enga8ement wSth our supporters. We ran a 5erles of focused onllne events whlch Included contrlbvtions from Internatlonal staff. Donors appreciated the Immediacy of this format and, wlth no travel Involved, we were able to engage with a hl8her number of supporters than in previous years. The onllne meetlngs also resulted In several large and unsolicited gifts towards core programme costs. Trusts and Foundations responded to the pandemlc by releasing fundlng streams focusin8 on a Covid-19 response-often at a higher level than they would previously give. MAF was successful In several applications for these revenue strands to support coronavirus flights throughout the programme. Uslng the occaslon of our 75th anniversaryto thank, Insplre and engage existinB and new5UPPOrter5. In 2020, we hail plans for several physical events to celebrate our anniversary and inspire and engage with SUPPOrter5. These included a series of events across Scotland, a Service of Thanksgiving In Manchester Page 7

Mi55ion Aviation Fellowship UK Annual Report & Accounts 2020 Cathedral. and a largescale celebration at Westminster Central Hall. Due to coronavirus restriLtlon5 these were not able to take place, 50 we produced a serles of vlrtual events. Three hour-lon8 online events were held in November. The first, entitled 'yesterda￿, looked back at MAF'S history. The second, 'Toda¢, featured contributions from staff and beneficiafie5 Ind updated vlewer5 on MAF'S current attlvltles. These events were dellvered via Facebook and YouTube. The thlrd and final programme, entitled 'Foreverf, was delivered Ilve vla Zoom and focused on prayer and thanksgiving. Attendees heard about MAF'S plans for the future and were ableto join staff in prayer. These events received total of 2,802 views. We also produced Above ond Beyond, a commemorative hardcover illustrated book tellin8 the story of MAF. This was offered for sale to supporters and ha5 been well recefved. RecrultSng new oversea5 mission 5tsff to nll fleld roles In Ilne wlth operatlon31 prlorltles. DurSng 2020 we sent two new post holders and thelr familles to undertake key operatk)nal roles in South Sudan. We ran a number of recruitment initiatives, including a 5erle5 of onllne events for enqulrers, and are hopeful that these wlll bear frult In the future. We also launched a new EnBineerln8 Tralning Scheme and are delighted to have recruited a candidate who will be moving forward to englneerinB trainin8 and, eventually, to overseas service. The MAFTUM Inihe UK Since March, the UK-based team has been worklng from home, adjustlng to a new vlrtual world wlth communlcatlons and meetlng5 vla Skype, Zoom and Mlcrosoft Tearns. As the year progressed, a small number of key personnel were able to work In the offlce on a part-tlme basls In Ilne wlth the Government'5 coronavlrus regulatlons. 2020 started well, wlth the number of church bookln8s showln8 an increase over prevlous years. However, owln8 to the coronavlrus, the Chrlstlan Resources Exhlbltlon In Telford was one of the very few events we were able to attend physlcalty. Wlth face-to-face meetlngs cancelled, we offered churche5 live presentatlons throu8h Zoom or pre-recorded talks for Inclusion in online servlces. This enabled u5 to retaln contact wlth supportin8 churches and encourage supporters to pray for MAF'S work. Opportunities to speak online enabled us to reach more than 100 Churches and groups, wtth the last quarter of 2020 seelng an Increase In requests from churche5 and opportunities to speak at Rotary Clubs online. Considerable time was spent keepln8 our volunteer network motlvated through Zoom meetings, a virtual conference wlth regional co.oTdinator5 and one-to-one meetin8s with team member5 enabllng our volunteers to be prepared when physical meetings resume. Pa8e 8

Mlssion Aviation Fellowship UK- Annual Report & Accounts 2020 Volunteer Nurnbers 2020 2019 Area Rep$ England and Wales Scotland 74 26 28 Northern Ireland 12 12 Church Reps England and Wales Scotland 242 246 34 34 Northern Ireland 55 62 Prayei Group Leaders England and Wales Scotland 17 16 li 12 Northern Ireland In Ortober, we launched the 7&5 ChallenBe, a comrnunr¢y fundralslng Campaign that saw encouraglng slgns of supporter enga8ement, and we look forward to developlng this further in 2021. Although 2020 was particularly challenglng due to a lack of face-to-face enga8ement, we malnlaSned regular contact wlth ihe leaders of supportlng churches who want to proceed with their relatlonship with MAF when restrlctlons on meetlng are relaxed. MAF In Scotland Although Covld.19 resulted In unprecedented challen8e5, It enabled us to conslder new ways of enga8lng with supporters. In December, an online Chllstmas Famlly Fun evenlng ra15ed awarene$5 of MAF'S work, hlghllghted the Stuart Klng Fund, and helped bulld a sense of MAF communlty. Although five 75th annlversary events had to be postponed, we plan to hold the celebratlons In 2021. We presented MAF'S work to varlou5 churche5 and organlsatlons onllne and saw an Increase In the number of people engaging with us in thls way. MAF Youth Although 35 MAF Youth meetin85 had been booked by March 2020, 21 were postponed due to the coronavirus, though we managed to stay connected by holdln8 onllne conferences for youth workers. Our 2020 Advent Calendar campalgn was welcomed by 109 schoo15, wlth 25,000 chlldren recelvin8 an MAF calendar and I,CIJO c13ssrooms requesting printable pack5 that contalned an MAF world map plu5 Other resources for display in class. We also 518ned up 37 schools dlgltaI￿- makin8 a total of 146 schools, 32,310 schoolchlldren land famlliesl, and 1,274 classrooms. In addltlon, we received more than 180 requests from prlmary and secondary schools for the MAF lesson plans produced In partnership wlth RE Today, and have entered a partnership with one of the schools, which starts in 2021. The MAF Youth magazine continued to receive a very p051tive response, with plarns to relaunch the MAF Youth panel In 2021 vla Zoom helping to ensure that It rem31ns relevant to ieena8eis. Page 9

Mi55ion Aviation Fellowship UK- Annual Report & Accounts 2020 International Staff Our overseas staff largely stayed In country because they were anxlous to contlnue servlng where they were needed, and so they could resume operational services as soon as possible. Owing to health concerns a small number of staff returned home or were relocated and worked remotelv. As borders closed and movement became restricted, this demonstrated a wonderful commltment to the people and natlon5 they serve. In 2020, MAF UK supported 30 UK International mission staff, accompanled by their famllle5, serving In MAF programmes worldwlde. We also continued to assist several more 'llnked staff sent by other MAF groups but with connections to the UK, helping them with support-raisln& administrative and pastoral care. Desplte the clrcum5tances. one individual and one couple began their firsl assignment In South Sudan followin8 successful support ralsin8 and pre-fleld orlentstlon. We are pleased to support a further couple and thelr family who have been accepted for se￿Ice In Papua New GuSnea and will move there In 2021. We are also encoura8ed by Several promlslng ¢andldate5 who are at various stage5 of formal assessment. We continued to explore, develop and test new ways of interactlng wlth potential candidates. The eoronavirus pandemlc requlred us to move many of our face-to-face events onllne, and these were well celved. Desplle all the challenges of 2020, we are exclted to have launched our UK-based Englneerlng Tralnlng Scheme to provlde a steady supply of qualified alrcraft maintenance engineers for MAF'S internatlonal programmes, wlth our first candidate be8lnnlng tralnln8 In 2021. Concluslon for 2020 2020 was a difflcult and unprecedented year for everyone. The MAF UK team sought to produce Innovatlve communlcatlons digitally, in prlnt, and at vlrtual presentatlons and events, all sharin8 our passion for reachlng remote and margbnalised people in great need. Many people heard about MAF for the first time. some of whom went on to join our growlng team of supporters, enabling us to serve an Increasln8 number of isolated people oversea5. In 2020, God blessed us with new supporters and a wonderful level of donatlons from people who, havlng understood the many challenges, have chosen to SUPPOrt MAF. Nearly £13m was recelveil for our much- needed mlnistry. We give thanks for every gift, prayer, enquiry and hour of time given by our volunteers and teams throughout the year. Future Plans Many people across the developing world continue to Ilve In need, cut off from the es5entlals of Ilfe due to difficult terrain, formldable geographical barriers, civil war, or politlcal unrest. The demand for MAF'S servlces In many countries is acute and. in the aftermath of the pandemic, Ss Ilkely to be even greater. We wlll continue to look for opportlbnltles to share God's love in practical ways to serve the m05t impoverished and 1501ated people. We remain cornmitted to continue growing and developing OUT communications and raisin8 our profile so that we are recognised and known throu8hout the UK for our work overseas. We will do this through the Page 10

Mission Aviation Fellowship UK- Annual Report & Accounts 2020 creative use of media and online channels. When Covid-19 lock.down re8ulation5 allow, we will also share news of our work at Chrlstlan events and reactivate our volunteer network, once churche5 are open again and meetings are belng held. Dolng so will help grow our fundraising and recruitment activities so that increasing numbers of hard-to-access people can be reached antl thelr lives physicalty and 5piritualty transformed. In the UK we have adapted well to working from our homes, and this may continue to some extent when and rfthe workforce Is allowed to return tothe office. Any return would be carefully and strictlv monitored to ensure safety of all 5LIff. We are Incredlbly grateful for the generous support we recelve. We wlll contlnue to revlew our processes and prartices to ensure that we maxlmise the funds available for overseas work. In many ways, we find ourselves in a challen8in8 yet exciting point in time. Here in the UK we will continue to ensure our staff can operate In a safe environment, whether at home or back In or office5, taking all precautions and steps necessary a8alnst the threat5 posed by Covld-19. Durln8 2021 we alm to help meet the challenges faced by our programmes across the Blobe with the following.. Attractlng, preparln8 and tralnlng new staff to serve overseas Wbth a partlcular focus on the growth of our work in South Sudan and West Afrlca, presentin8 the minlstry of MAF to a UK audlence wlth the alm of Increaslng partnershlp and better resourcln8 our overseas operations. In recognltion of the shift of attentlon online ol IndI￿lI￿alS and churthesi 8rowln8 and developln8 our use of dlgltal technolo8ie5 to enhance support and en8a8ement. Integratlng our systems to ensure we can Inform and Insplre new and exi5tln8 511PPOrters With relevant and tlmety Informatlon. Page 11

Mission Atyiation Fellowship UK- Annual Report & Account$ 2020 Strateglc Report Flnanclal Revlew F￿e-Year hlstory Income and expenditure £C#JO Incgme 2016 2017 2018 2019 2020 Unrestricted 8lfts >-£20,C￿0 Unrestricted donations Le acles Investment 5ncome Internat￿gnal staff sup orr 180 6.077 3,012 74 891 388 5.824 3.507 52 860 298 5,947 2,823 54 893 212 6,892 2,912 17 889 5,859 5,650 52 855 Other re5tr5cted incorne- Aircraft Nepal PNG Otter re Souih Sudan Uberia han Memorial Fund other 229 484 41 767 1.434 1,127 239 269 241 3SI 186 Stuart Kin 308 1,358 12,774 1,247 IJ,IXJ2 I,oio 13,314 1,096 15,389 1,077 11,684 Total Income EM endlture Cost of eneratln volunt4 Charltable aciivitles Toial expendlture Net In¢omlnK I Iou incorne 2,080 11,405 13,485 14831 2,218 10.717 12,935 379 2.320 11,336 13.656 1.733 2,389 11,120 13,509 1.82S 2,167 10,220 12,387 387 oln I It￿￿1¢t$ Desplte the uncertalntles of Covld-19, our loyal and generous donor5 helped u5 to remaln In a reslllent position. Following the sad passing of Stuart Klng, a memorlal fund was establlshed In hls name to provlde much needed trainlng. Page 25 sets out the Statement of Flnanclal Actlvftles for MAF UK for the year. The total Income for the year wa5 £12.8m12019'. £11.7ml. The pilnclpal source of fvndlng wa5 through voluntary donatlons provldln8 some 99%12019.. 99%) of total Income. Of this, le8acy Income amounted to 22%12019.. 24%). As shown In note 2, donatlon Income from the varlou5 donor grouplngs was by and lar8e comparable. The beneflts of tax-efflclent givSng were again Sncreased throu8h the securSng of a further 1,524 Gift Aid Declaratlons durlng 202012019.. 1,3821. Tax claimed on 2020 gifts amounted to £982,51412019.. £876,079). Charitable actlvities Include the costs of our overseas staff, unrestrlcted grants maile and re5trlcted funds for flyin8 operations. Durln8 the year, the sum of £1,624,1)J) (note 41 was pald In staff support to 30 staff (note 61 Ilndlvldualslfamlliesl from the UK serving over5eas12019.- £1,700,0(Xl to 27 staff individualslfamlllesj. In addltion, unrestricted grants of £5,498,000 Inote 41 and restricted income of £1,559,000 (note 13al totalling £7.057,00012019'. £7.736.000'1 were passed to Slster MAF groups worldwide, primarily to assist in the provision of mission aviation 1.2019.. unrestricted grant5 of £6,082,000 and restrlcted income of £1,654.0001. The assets and liabilities of MAF UK are set out in the Balance Sheet Ipage 261- All of the a55ets were used directly in the charitable purpose or In a sUPPOrt capacity. Paee 12

Mission Aviotion Fellowship UK- Annual Report & Account5 2020 'Financial Instruments. are those assets and liabilities of 3 charity that Can be impacted by a third party le. bank deposits, investments, overdraft5, loans, trade creditors etc.). At the Balance Sheet date. financlal Instruments included bank deposits and trade creditors. Trade credltors are paid within 30 days unless the supplierfs payment terms are less favourable. Investment income was £17k12019.' £54kl, wlth Inte￿st rates remaining very low. All avallable cash is placed on deposit. Investment Powers and Poliry The investment powers of the Trustees are as set out In the Artlcles. Any surns not immedlately needed are Invested in Interest-earnSnB accounts. It is the Trustees alm to ensure that funds are applled as quickly as posslble, whlle a150 maintalning a suitable rlsk-based cash reserve to address the risks identified in the risk management process Isee Risk Mana8ement section). Glven the nature of the fund5 held, they are Invested so that the capltal Is not put at rlsk. Reserves Poll¢y The Trustees have assessed whether the use of the going concern bashs is approprlate and have considered possible events or conditlons that ml8ht cast si8nlficant doubl on the ablllty of the charity to contlnue as going concern, The Trusiees have made this assessment for a period of at least one year from the date of approval of the financlal statements. Given the exceptional circumstances of the CovSd-19 crls15, the 2021 Income and expendlture budgets were set and approved based on aetlvities partialty limited by lockdown, but 31$0 informed by 2020 performance, The Trustees have concluded that, together wlth the reserves e5tablSshed to help in such clrcum5tances, there Is a reasonable oxpettatlon that ihe charlty has adequate resources to continue In operatlonal exlstence for the foreseeable future. The charlty, therefore, continues to adopt the 8oin8 concern basis In preparing its financlal statements. It Is the Board's pollcy lo reserve sufflclent funds to ensure the onBoln8 operatlons of MAF UK. The ￿serveS Include a risk-asse5sed Base Reserve- during the year the risk elements were revlewed, and the Board declded that the cornblned fund should have a target level of £3.7m. AddStSonally, other de51gnated funds may be ¢reated by the Board to help ensure MAF UK'S effectlveness. As a re8ular part of the 8oard's work, all risks and reserves were revlewed, and any recommended changes have been Implemented. Detalls of all the deslgnated funds are set oul In note 12a. At the yearnd, all the reserves were ai or above the minlmum policy-level Isee note 12a). The Base Reserve year-end balance of £6.Bm was above the revlse(i tar8et of £3.7m. The Board and SLT wlll look for mlnlstry opportunltles durlng 2021 to apply the extra funds recelved in 2020. The Fixed Asset Cost fund year-end balance was £444k representing the orl8inal cost of all fixed assets. When these reach the end of thelr useful Ilfe, they can be replaced uslng the cash element of thls fund. The Tralnlng Fund was established In 2016 to help accelerate the time taken for pilot5 and engineers to become operational and to begin service earlier, reflectlnB the Incieaslng dlfficulty In recruRSn8 staff for overseas service. The yearnd balance wa5 £279k. In 2018, the 2019 Projects fund was established by the Bozrd to fund projects identified for 2019 above the expected 2019 Income revenues with a year-end balance of £Ok. In 2018. the 2020 Projects fund was e5tabllshed by the Board to fund projects identifled for 2020 above the expected 2020 income revenues with a year-end balance wa5 £0k. The Stuart King Memorial Fund represents unspent donations ralsed In memory of Stuart King who sad passed in 2020. The fund wlll be used to enable training and further tralnlng of essential staff overthe comlng years. At the year-end, the fund amounted to £308k. The International Staff restricted funds represent unspent donations that 5UPPOrt our staff famllles overseas. It bs expected that the funds will be used durlng the staff service period. At the year-end, such funds amounted to £llk. Page 13

Mission Aviation Fellowship UK- Annual Report & Accounts 2020 Prlnclpal Risks and Uncertalntles The principal risks a￿ assessed as those most impactin8 on our fundraising capabilltles, Inclvdln8: • interruption to gift processing through potential catastrophe interruption to postal gift income stream through industrial action • reputation fisk impact on donors and our contlftulng ability to process glfts of global pandemlc such as Covid-19. The steps taken to manage these rlsks are set out in the Risk Mana8ement sectlon Ibelowl. The prlnclpal uncertainties relating to timing and volatility of variou5 income streams are also addre55ed bv the Ti5k management process the Board has adopted, principally by the holding of sufflclent Ilquid reserve5 (see Reserves Policy abovel. The impact of Covid-19 has been considered on the charitV5 future plans, especiallywith churches still mostly closed, and large events not yet happenin8. The malor¢ly of staff are back from furlough and WOfkin8 Ifrom their home51, legacy cash recelpts are no longer stagnant, and our loyal donors continue to bless u5. The Trustees have consldered the impact on our varlou5 fundln8 Streams based on 2020 performance, whlch was well above even our pre-covld expectations. Rlsk Mana8ement As a part of normal operatSons, the Trustees are responsible for setting the tone and Influenting the culture of rlsk management wlthln MAF UK. As part of discharging their responslbilities the Trustees have.. e51abli5hed a rlsk ￿￿[ster and risk management strategles that Identlfy the types of risk faced ab)d prlorltlsed them In terms of potential Impact and likellhood of occurrence and the means of managSn8 them. The rlsks and risk mana8ement strategles are periodlcally reviewed by both the Senior Leadefship Team and the Board of Trustees. The rlsks are classifled into the followln8 8roupSngs', o Reputatlon o Strateglc o Governance o Operational o Health and safetv o Flnanclal o Legal esiablished a regular revlew of the adequacy of the Charity's current Internal controls. The Trustees are pleased to report that the charlty's Internal flnanclal controls conform to the guldellnes issueil by the Charity Commls550n. adopted a TanBe of rlsk management polIc￿s, Includlng: o Recruitment o Antl-fraud o Whistleblowlng o Conflicts of interest IDeclaration of Interest) o Anti-brlbery Safeguarding AII MAF UK policies are publlshed on the MAF UK Intranet for staff undeT5tandin8. Additionally, during 2020 and Covid-19, followlng the government imposed workin8 from home lockdown. staff were provided with extr3 workln8 from home tralnln8 resources, and a week of hoyr-long organisation. wide zoorn rneetin8s for staff well-being was or8anised, and appreciated by staff. Staff surveys were periodical￿ arranged to ensure well-being and sufficient working from home resources. An Office Management Tearn (Omn was created to research all government advice for dissemlnation, and to put in place controls, measures and special policie5 to ensure staff safety when vlsltlng the office. Page 14

Mission Aviation Fellowship UK Annua1 Report & Accaunts 2(J20 Fundralslni Methods and Processes Approach to fundraisin8 MAF UK supports the work of MAF worldwide and is commltted to Its charitable alms and fundralses to see the lives of isolated people spiritually and physically iransformed. We are a signatory to the Fundraising Regulatols Fundralsing Promise, being open, honest, fair and le8al in our approach to and delivery of, our fundralsing practlces. Work wlth. and over518ht of, any commerclal p•rtl¢lpators and professional fundra5sers We do occasionally enter into third party contracts for fundraising promotion Inot fundraisin8 it5elfl. We have contiacts in place and full control and signinB off for any communScatlons that are used for these particular campalgns. Fundralsln8 conformln8 to reco8nlsed standards We are a member of the Fundraisin8 Regulator, adhere to the FundTai51ng Standards and are a slgnatory to the Fundrai51n8 Preference Servlce. It also means our supporters have a simple and transparent process that can help us deal with any complalnts qulckly and easllv. Monltorlnl of fundrnlslft8 ¢arrSed out on Its behall We have a member of staff who is responsible for overseelng communlty fundralsing and supportlng/monltorSng the people that are ra151ng money for us. We also have a team of volunteers that are InVo￿d in fvndraisln8 for us, they go through an interview programme, have a role description, si8n to a code of conduct, receive trainlng, have annual update conferences, have or8anlsatlonal emails and are managed and supported through a management structure. Fundralslnl Complalnts We have a sectlon on our webslte explalnln8 our FundralsSn8 Promlse and complalnts process This is linked to the Fundralslng Regulator and glves our sUPPOrter5 an easy clear and transparent way of dealing wtth any complaints. Proteetlon of the publlc, Includlngvulnerable people, fr¢MI unre•sonJbly Intruslveor perslstentfundrlsln8 approaches, and undue pressure to donate Wetake ourcommunications and fundraising responsibllltSes serIous￿. Actions include beln8 regbstered wlth the Fundraisin8 Preference Service, havlng approprlate pollcbes to cover data protectlon, ethlcal fundraislng and our approach to fundrai51n8 and calls to action. We also make Sure relevant Staff are confldent and equipped for speaklng to and dealSn8 Wlth vulnerable people. All our communlcatlons are clear and transparent, ond we always glve an optlon to change what any per￿n recelves from us. The complaints recelved have been summarised below.. Type Incorrect salutation 2020 2019 Too much mail received Too many financial"asks" Clarltylfont size used Content presentation Tot•1 io 20 Total fflalllnls 460.472 486,560 Poge IJ

Mission Aviation Fellowship UK- Annual Report & Accounts 2020 Structure, Governance and Management Governin8 Document MAF UK 15 a charitable company limlted by guarantee and a registered charity. It is governed by the Artlcles dated 15 September 1997 and revised in Aprll 2015. In the event of the company being wound yp, members are required to contribute an amount not ex¢eedin8 £10. Appolntment of Trustees The Trustees are elected by the Board. The number of Trustees may not be less than three but 15 not subject to a ma¥lrnum. Trustee5 are elected for 3-year terms, up to a maximum of nine consecutive years. Board decisions are made by majority vote. The number of Members may not be less than two. The Trustees are also the Members. Trustee Inductlon •nd Tralnln8 In the Trustee induction pro8ramme, new Trustees are provided with the Articles and recent annual and managernent accounts as well as a copy of CC3 The Essential Trustee. They are required to attend a serles of meetlnB5 and dis¢U55ions with the Chalr, Chlef Executive and others to learn more about the work and how MAF UK operates. Or8anlsatlonal Structure Usually, the Trustees meet three or four tlmes a year (although durlng 2020 thls became month￿) and are responsible for the Strategic direction and good 8overnance of the charity. To ensure Bood 8overnance and to maxlmise 8oard ski115, the following subcommlttees have been established: Flnance and Rlsk Subcommlttee Fundralsing and Communlcatlons Subcommlttee People and Prayer Subcomm￿tee The Board approves an annual operational budget which set5 Out Income targets and expendlture Ilmits. Wlthln the budget, the day-to-day responsiblllty for the charbty's operatlons Ss delegated to the Chbef Executlve and the Senlor Leadership Team Illsted as Key Management Personnel on pa8e 191. Governance During 2020 the Board Met monthly online and continued workln8 on ihe area5 Identifled In our Board Effectlvene55 Actlon Plan, which sets out the outcomes from a thorough revlew of our governance arrangements against the Charlty Governance Code conducted in 2018. This revlew was externallyfacilttated by NCVO u51n8 thelr Governance Wheel tool. The trustees are focused on enhanclnB ouf already good governance arrangements and are keen to achieve excellent governance In all areas. A particular focus during 2020 has been on our fecruitment proce55 for new trustees to achleve greater dfverslty and provide planned successlon. Safeguardlng MAF UK is commltted to providing a safe and trusted envlronmentfor staff, volunteers and beneflclarles. The organisatlon require5 the highest ethical and moral standards from all our staff and takes misconduct seriously. We have a number of policies with which all staff must comply. These Include a code of conduc¢ chlld safetyi bullylng and harassment, data protection and privacy and equal opportunlties policies. Remuneratlon Pollcy MAF UK Is a charSiable Christian misslon organlsatlon and as such alms to balance care of staff with stewardshlp of the resources entrusted to it. In line wf(h these aims, MAF UK strives to set 5alaTie5 fairly and comparable to the charity Sector while maintainlng Its abi16ty to attract and retain the right skills, experlence and expertise to achieve the mission. Page 16

Mission Aviation Fellowship UK- Annual Report & Aecounts 2020 Each UK post 15 evaluated by a lob evaluation panel made up of senior management, HR and staff representation. A salary is then calculated based on a comparison of jobs In the same grade and the poin15 awarded for those jobs. All salaries are periodically benchmarked using a commerclal provider of salary data and measured a8alnst: comparable Sobs and organisations in our region market matching basic salaries between the lower quartile and medlan organisations with an annual turnover of between £IOM to £50M The General Pay Award is considered each year and is primarily dependent on the Income of the organisatlon and ensurlng that funding to MAF Internatlonal operations Is not adversely impacted. The General Pay Award Is based on a Tange of indices, such as the Retail Price Index, Consumer Price Index, and a comparison with what Others are doing re&ardin8 salary rise5 In the third sector. The MAF UK Board are responsible for approvlng the budget and thbs Include5 the recommendatlon for the General Pay Award. MAF UK'5 Senior Leadership Team slts wlthin the fiamework of the UK salary structure a5 set out as above. The MAF UK Board aBrees on the salary for the ChlÈf Executive. No bonuses are paid to any member of staff. The penslon provision for the Chief Executlve and Senior Leadershlp Team are on the same terms as other employee5. Related Partl•s MlssSon Avlatlon Fellowshlp UK Is a member of MAF Internatlonal, which15 an association of operatlonal and resourcing MAF group5 around the world lexcluding North Amerlcal. Mlsslon Avlatlon Fellowshlp Internatlonal Is the operatSonal arm of MAF Internatlonal, to whlch all operatlonal assets were transferred by ihe resourclng 8io¢Jps. The central management of all the programmes enables better efficiency In terms of asset deployment ind the 5tandardlsatlon of tralnlng and safety standards. Mlsslon Avlatlon Fellowshlp UK'S overseas staff are seconded to Mlsslon Avlation Fellowship Internatlonal and all fund5 raised for operational programmes are passed to Mission Aviation Fellowshlp Internatlonal. MIs51on Avlatlon Fellowshlp UK has one 5ubsidSary whlch Is dormant. Apart from the natural transaction5 with other MAFS, there were no related party transactions. Internal Controls The Trustees have overall responslbllbty for ensurlng that the charrty ha5 an approprlate system of controls, flnanclal and otherwlse. They are also responsible for safeguardin8 the assets of the charlty anij hence for takln8 reasonable step5 for the prevention and detection of fraud and other Irre8ulaiities, and to provlde reasonable assurance that: the charlty Is opefatlng efflclently and effectlvely its assets are safeguarded against unauthorised use or dlsposition proper records are maintained, and financSal Informatlon used wlthln the charlty or for publbcatlon Is reliable the charity cornplie5 Wlth relevant laws and regulatlons. The systems of Internal control are deslBned to provide reasonable, but not absolute, assurince against material rni55tatement or loss. They include: a strate8ic plan and an annual budget approved by the Trustees regular conslderatlon by the Trustees of flnanclal results. varlance5 from budgets and non-financial performance indicator5 delegation of authoflty and se8re8atlon of dutles Identifscation and management of risks annual completion of the Charlty Commission's Internal Finonciol Contro15 forChoritie5 Checklist Page 17

Mission Aviarion Fellowship UK- Annual Report & Accounts 2020 Trustees. Responslbllftle5 In Relatlon to the Flnanclal Statements The Trustee5 are responsible for preparlng the annual report and the financial 5tatement5 in accordance with applicable law and United Kingdom Accountin8 Standard5 Iunited Kin8dom Generally Accepted Accounting Practlcel. Company law requlres the Trustees to prepare financial statements for each financial year which give a true and fair vlew of the stste of the affairs of the charltable Company and of [15 income and expendlture for that period. In preparing these financial statements, the Trustee5 are required to.. select suitable accounting policles and then apply them conslstentlv make judgments and estlmates that are reasonable and prudent state whether applicable accounting standards, including FRS 102, have been followed, sublect to anv material departures disclosed and explained In the flnanclal stalements Stale whether a Statement of Recommended Practice ISORPI applies and has been followed, subject to any materlal departures whlch are explalned in the flnancial statements prepare the flnanclal statements on the 8olng concern bas15 unle55 It is Inapproprlate to presume that the charity wlll continue in business. The Trustees are re5ponslble for keepln8 adequate accountlng records that show and explaln the chorlty's transactions. dlsclose wlth reasonable accuracy at any time the financial position of the charlty, and enable them to ensure that the financlal statements comply wlth the Companles Act 2006. They are also responsbble for safeguardlng the assets of the charlty and hence for taklng reasonable Steps for the prevention and detection of fraud and other irregularities. FSnanclal statements are published on the charlty's webslte In accordance wlth leglslatlon in the Unlted Klngdom 8overnlng the preparatlon and dissemlnation of flnancial slatement5, which may vary from le8islatlon in other jurisdictions. The maintenance and Integrlty of the group's website Is the responslblllty of the Trustees. The Trustees, resFKJnslbllity also extends to the on-goin8 Integrity of the financlal statements contained therein. Provlsbon of Informatlon to Audltor¥ In the case of each of the persons who are Trustees at the tlme when the Trustees, report 55 approved, the followlng applles.. $0 far as the Trustee5 are aware, there Is no relevant audlt informatlon of whlch the companrf5 auditors a￿ unaware the Trustees have taken all the steps that they ought to have taken as Trustees In order to m?ke themselves aware of any relevant audlt Informailon and to establish that the compan15 auditors a Iware of that informatlon, Page 18

Mi55ion Aviation Fellowship UK - AnnLial Report & Accounts 2020 Legal and Admlnlstrallve Informailon Trustees and Membews (the Trustees are also Members) Subcommlttee Membershl Fundralsing and Communications Ito 28 April 20201 Fundraising and Communications Ito 30 Nov 20201 Fundraising and Communlcations Prayer and People Ito 31 Aug 20201 Prayer and People Prayer and People Flnance and Risk Finance and Risk Finance and Risk Gareth Mitehell MIOD BA (Dual Honsl, Chalr Maeve Mamell LLB Steve eentley CBE MBA MA BEng Diana White BA [H(￿s1 Davld West FCIPD Max Gove MA Richard Jones FCMA BSC (Honsl Matthew Burton FCCA cfA MRICS Steve Osei-mensah ACIB FloD CDlr Comp•ny Infomailon Cornpony number: 3437446 Date of Incorporatlon.. 16 September 1997 Reqistered charlty In England and Wales11064598} and In S¢otland ISC0391071 Reglstered OffKe and Prlncipal Address: I" Floor, Castle House, Castlt Hlll Avenue, Folkestone CT20 2TQ Website.. www.ma - Key Management Personnel Chlef Executlve Finance Dlrectof Head ot Personnel Head of Marketlng and Fundralsln8 Head of Communi¢ation$ Heid of phllanthropy and Partnershlps Ruth Whlt•ker 8Eni IHonsl FRAeSoc Alex Flnlow FCA Msc David Leek Chartered MCIPD Mike Fagg Vlvlenne Pattlson BA (Honsl All thambers 8A (Honsl GGSM (from 14 Aprll 20201 Our Advlsers Auditors Moore Klniston Smlth LLP Devonshlre House, 60 Goswell Road, London, ECIM 7AD Natlonal Westmlnster Bank Europa House. 49 Sandgate Road, Folkestone, cr20 PIC IRU Anthony Collln$ Sollcltors LLP 134 Edmund Street, Blrmlngham, B3 2ES 8Jnkers Sollcitors The Trustees Report and the Strateglc Report were approved by the Board and authorised for Issue on 16 Aprll 2021. Gareth Mltchell (Chalrl Page 19

Mission Aviation Fellowship UK- Annual Report & Accounts 2020 INDEPENDENT AUOITOR'S REPORT TO THE TRUSTEES AND MEMBERS OF MISSION AVIATION FELLOWSHIP UK Oplnlan We have audited the financlal statements of Mission Avlatlon Fellowship UK I'the companVI for the year ended 31 December 2020 whlch comprise the Statement of Flnanclal Activities, the Summary Income and Expenditure Account, the Balance Sheet, the Cash Flow Statement and notes to the financlal statements, including a summary of significant accounting pollcles. The financlal reporting framework that ha5 been applied In their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 'The Financial Reporting Standard Applicable In the UK and Republic of Ireland, Iunlted Klngdom Generally Accepted Accounting Practlcel. In our oplnlon the flnanclal statements.. 81ve a true and falr view of the state of the charltable company's affair5 as at 31 December 2020 and ol Its Incomlng resources and applicatlon of resources, Includlng Its income and expendlture, for the year then ended,. have been properly prepared In accordance wlth Unfted Klngdom Generally Accepted Accounting Practice,. and have been prepared In accordance wlth the Companles Art 2006, the Charltles ènd Trustee Investment (Scotlandl Act 200S las amended), re8ulation$ 6 and 8 of the Charltie5 Accounts Iscotlandl Re8ulatlon5 2006 las amendedl and the Charbtles Act 2011. 8•sls for oplnlon We conducted our audlt In accordance with International Standards on Auditing IUKI 11SAslUKII and appllcable law. Our respon51bllities under those stan¢Jard5 are further descrlbed In the Audltorfs Responslbllltles for the audlt of the flnanclal statements sectlon of our report. We are Independent of the charltable company in accordance wlth the ethical TequiTement5 that are relevant lo our audit of the flnanclal statements In the UK, Including the FRCS Ethlcal Standard, and we have fulfllled our other ethical responslbllbtles In atcordance wlth these requlrements. We believe that the audSt evidence we have obtained is sufficient and appropriate to provlde a basis for our oplnlon. Contluslons rel•tln8 to 8oln8 concern In aud6tlng the flnanclal statements, we have concluded that the trustees, use of the golng concern ba515 of accounting in the preparation of the flnanclal statement5 Is approprlate. Based on the work we have performed, we have not identlfied any material uncertaintie5 relatlng to events or conditions that, Individually or collectively, may cast 5ignlflcant doubt on the tharltable company's abllf(y to contlnue as a golng concern for a perlod of at least twelve month5 from when the financial statement5 are authorised for Issue. Our responsibilitie5 and the responsibilities of the trustee5 Wlth respect to 8olng concern are described in the relevant sectlon5 of thls report. Page 20

Mission Aviation Fellowship UK Annual Report & Account5 2020 Other Snformallon The other Informatlon cofflprise5 the information included In the annual report, other than the financial statements and our auditorfs report thereon. The trustees are re5pon5ible for the other informatlon. Our opinion on the financial statement5doe5 not cover the other Informatlon and, except tothe extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connectlon wlth our audit of the flnanclal statements, our responslbllrty 15 to read the other informatlon and, in dolng w, tonsider whether the other information is materially inconsistent with the financial statemenis or our knowledge obtained in the aud6t or otherwlse appears to be materSally mlsstated. If we Identlfy such material inconsistencies or apparent material misstatements, we are required to determine whether there is a rnaterial misstatement in the financial statements or a materlal mlsstatement of the other inforrnatlon. If, based on the work we have performed, we conclude that there Is a materlal m15Statement of this other informatlon, we are required to report that fact. We have nothlng to report In thls regard. Oplnlons on other matters prescrlbed by the Comp•Thles Act 2006 In our oplnion, based on the work undertaken In the course of the audlt.. the informatlon glven In the strate8lc report and the tru5tees' annual repori forthe fsnaneial year for whlch the fSnanclal statements are prepared is conslstent with the flnanclal statements,. and the stfategic report and the trustees, annual report have been prepared In accordance wlth appllcable legal requlrements. Mattèrs on whlch we are requlred to report by eKeptlon In the118ht of the knowledge and understandln8 of the company and bt5 envlronment obtalned In the course of the audlt, we have not identSfled malerlal mlsstatements In the trustees, annual report. We have nothing to report In respect of the followin8 matters where the Companles Act 2006, the Charities Accounts Iscotlandl Regulatlons 2006 las amended) and the Charltles Act 2011 requlre us to report to you If, in our opinion.. adequate accountin8 records have not been kept, or returns adequate for our audlt have not been recelved from branches not vSslted by us- or the financial 5tatement5 are not in a8reement with the accounting records and returns. or certaln disclosures of trustees, remuneratlon specifled by law are not made. or we have not le￿IVed all the informatlon and explanatlons we requlre for our audlt. Responslbllltles of irustees As explalned more fully in the tru5tees' responsibilitles Statement set out on page 18, the trustees (who a a150 the directors of the charitable company for the purposes of company lawl are responsible for the preparation of the financial statements and for bein8 satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of flnancial statemenls that are free from material misstatement, whether due to fraud or error. Page 21

Mission Aviation Fellowship UK- Annual Rewrr & Accounts 2020 In preparing the finantial statements, the trustees are responsible for assessing the chaiitable compan¢s ability to continue a5 a going concern, disclosingi as applicable, matters related to going concern and using the going concern ba515 of accounting unless the trustees either Intend to liquidate the charitable companv or to cease operations, or have no realistic a￿ernatIVe but to do so. Auditorfs responslbllhles for the audlt of the fininclal statements We have been appolnted a5 audltor undersectlon 44llllcl of the Charltles and Trustee Investment (Scotlandl Act 2005, the Companies Act 2C116 and Section 151 of the Charities Act 2011 and report to you in accordance wlth re8ulatlon5 rnade under those Arts. Our objectives are to obtaln reasonable a55urance about whether the flnanclal statemenis as a whole are free from material m15Statement, whetherdue tofraud orerror, and to issue an audito15 report that Includes our opinion. Reasonable assurance is a hi8h level of assurance, but is not a guarantee that an audit conducted In accordance wtth ISAS IUKI wlll always detect a materlal mi55tatement when It exists. Ml55tatement5 can arlse from fraud or error and are consldered material if, individually Of In a88regate, they could reasonably be experted io Influence the economlc deci5ion5 of users taken on the ba515 of these financlal statements. Irregularitles, including fraud, are instances of non-compllance with laws and re8ulatlons. We deslBn proce(Jures in Ilne wlth our re5ponslbllltles, outlined above, to delect materlal mlsstatements In respect of Irregularitles, Intludlng fraud. The extent to whlch our procedure5 are capable of detecting irre8ularlties, Includlng fraud 15 detailed below. Expl•natlon as to wh•t emlent the &udlt was consldered capable of detÈrtln8 Irre8ul•rltles, Infludlni fraud The oblectives of our audlt in respect of fraud, are. to Identlfy and assess the r15ks of materlal m155taternent of the financlal statements (Jue to fraud; to obtaln 5ufflclent appropriate audlt evldence regarding the assessed rlsks of materlal m155tatement due to fraud, through des18nSnB and implementin8 appropriate re5ponse5 to those assessed risk5: and to respond approprlately to Instance5 of fraud or Suspected fraud Identlfied durlng the audlt. However, the prlmary responslbllity fer the preventlon and detectlon of fraud rests wlth both management and those charged wlth governance of the charitable company. Our approach wa5 as follows.. We obtained an understandlng of the IE8al and regulatory requlrements appllcable to the charitable company and considered that the most Sl8nificant are the Companles Acl 2(K)6, the Charitie5 Act 2011, the Charity SORP, the Charitie5 and Trustee Investment (Scotlandl Att 2th)5 la5 amended), regulatlons 6 and 8 of the Charities Accounts (Scotlandl Regulations 2006 las amended) and UK flnancial reporting 5tandard5 as 155ued by the Flnancial Reporting Council. We obtained an understandlng of how the charitable company complles wlth these requlrements by dlscusslons with management and those charged with governance. We assessed the risk of material rnlsstatemenl of the flnanclal statements, Includlng the rlsk of material misstatement due to fraud and how it might occur, by holding discussions with management and those char8ed with 8overnance. We Inqulred of management and those charged with Bovernance as to any known instances of non- compliance or suspected non-compliance wlth laws and re8ulations. Page 22

Mission Aviation Fellowship UK- Annual Report & Account5 2020 Based on this understanding, we designed specific appropriate audit procedures to identify instznces of non-compliance wlth laws and regulations. Thi5 included making enquirbes of management and those charged with governance and obtaining additional corroborative evidence as required. As part of an iudit in accordonce wlth ISAS IUKI we exercise professional Judgement and maintain profe551onal scepticism throughout the audit. We also.. Identify and assess the rlsks of material rnisstatement of the financial statements, whether due to fraud or error, desl8n and perform audit procedures responsive to those risks. and obtain audlt evldence that is sufficlent and appropriate to provlde a ba5Is for ouropinion. The risk of not detectlng a materlal mlsstatement resulting from fraud is higher than for one resultin8 from error, as fraud may involve collu51on, forgery, intentional omlsslons, misrepresentations, or the overrlde of Internal control. Obtaln an understanding of Internal control relevant to the audit In order to design audit procedure5 that are appropriate in the clrcumstances, but not for the purposes of expre551ng an opinlon on the effectlveness of the charltable companV5 Internal control. Evaluate the appropriateness of accountlng policles used and the rea50nableness of accountlng estlmates and related dlsc105uies made by the trustees. Contlude on the approprlateness of the trustees, use of the 8olng concern basls of accountlng and, based on the audit evldence obtalned, whether a material uncertainty exi5t5 related to events or condltlons that may cast slBnlficant doubt on the charltable companrfs ability to contlnue a5 a 8olng concern. If we concltsde that a material uncertalnty exlsts, we are required to draw attention In our iudltor'5 report to the related disc105ures in the flnancial statements or, if such disclosures are Inadequate, to modify our opinlon. Our concluslons are based on the audSt evldence obtalned up to the date of our audltorf5 report. However, future events or condltlons may cause the charltable company to cease to continue as a 8oln8 concern. Evaluate the overall presentailon, structure and content of the flnanclal statement5, includln8 the disclosures, and whether the financial statements represent the undertying transactlons and events In a manner that achieves fair presentation. We communicate wfth those charged wlth governance regarding, among other matter5, the planned scope and timing of the audlt and 518nlficant audit findings, Includin8 any slgnificant deficlencles In internal control that we Identlfy durlng our audit. Uso of OUT report Thls report Is made 501ely to the charltable company'5 members, a5 3 body4 In accordance with Chapter 3 of Part 16 of the Companle5 Act 2W6,' and to the charity'5 trustees, as a body, in accordance with Section 441lllcl of the Charities and Tru51ee Investment (Scotlandl Act 2(K)5, and in respect of the flnancial statements, In accordance with Chapter 3 of Part 8 of the Charltbes Act 2011. Our audlt work has been undertaken so that we might state to the charitable wmpanl5 members and trustees those matters whith we are required to state to them in an audito¢s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibilityto any party otherthan the chaTltable company, the charitable company's members, as a body, and the charity's trustees. as a body for our audit work, for thls report. or for the opinion we have formed. Page 23

Mlssion Aviation Fellowship UK- Annual Fleport & Accounts 2020 J_A LL¢ Date.. 26 April 2021 Nell Flnlayson (Senior Statutory Audltorl for and on behalf of Moore Kin8Ston Smlth LLP. Statutory Auditor Devonshire House 60 Goswell Road London ECIM 7AD Moore Kln8Ston Smlth LLP Is ell8lblÈ to acl as audltor In terms ot Sectlon 1212 of th• Comp•nlw Art 2006. Page 24

Mission Aviotion Fellowship UKAnnuol Report & Accounts 2020 Compony Number 3437446 5tstement of Financlal ActS¥ltles (incorpororing £rn Income ond Expenditure Accouk)tJ for the year ended 11 December 2020 2010 2019 Unrestrlcted funds Restricted funds £o)o Total UnrestrScted funds fund5 £ ¢)Jo Restrlcted funds Total funds £￿0 Not• Income Irom: Donatlons and legades 9,892 2,742 12,634 9,083 2,547 11,630 Investments 17 17 54 54 Totsl 9,909 1742 12.651 9,137 1547 11.684 Expendlture on: Ralsing funds 2,115 2.115 2,389 2,389 Charltable actlvltles 7,699 2,450 10,149 8,570 2,550 11,120 Total Wb 9,814 2,450 12.264 10,959 2,550 13.509 Net Incom• l (•Mp•ndlturn 95 292 387 IlJ22 1,825 Re¢on¢lll•tSon of Funds Total funds brou8ht forward I 7,452 27 7,479 9,274 30 9,304 Total funds carrled forward 12a 7.547 319 7052 27 7.479 All of the above results are derSved from contfjnuing activitles. All gains and lo55es re¢o8nised in the year are Included above. The notes on pages 28 to 37 form an Integral part of these flnanclal statements. Page 25

A4ission Avintion Fellowship UK Arinu(rl fleport & Actounts 2020 Compttny Number 3437446 Bal•K• Sheet ISl•t•m•nt ot FlTrpnd•l Posltlonl •s •t 31 De¢émb•r 2020 2020 2019 Unrestricted funds Restrlcted funds £ LX)O Total funds £000 Unrestrlcted fund$ £000 Restrlcted funds £oco Total funds £000 Not• Flx•d Tan￿ble as5et$ 50 50 91 91 Tot•1 Ilx•d aM•ts so 91 91 Curr•nt •M•ts Debtofs S￿7 907 909 9)9 Short temi deposlti C4sh at bank and In hand 4.500 4,500 2,825 S,$04 1.290 5,504 1,317 2,506 319 27 7,913 319 8.232 7,703 2? 7,730 il•blllil•i Crtdltorg.. Amounts falllD8 due wlthln on• y•af 14161 14161 13421 13421 N•t eurr•nt •M•ts 7rt97 319 7.816 7,361 27 7,388 Tthl l•M ¢ufftht Il•blllll•s 7,547 319 7,866 7,452 27 7A79 Tol•l n•1 •H•ts 7,547 319 7,866 7.452 27 Y.479 Th• lunth 01 thq rth•rlty. Bast reserve 12• 6,824 723 6,824 723 6,038 1,414 6,038 1,414 7,452 other Desl8nat•d fund$ Totsl ￿l•s1r1¢¢•d In¢thn• lundi 12• 7.547 7.547 7,451 Rtstrlcttd Income funds IJ• 319 319 27 27 T￿41 lun 7,547 319 7.866 7.452 27 7.479 Approved by the BO1￿ on 16 Aprll 2021 and $18n•d on its bth4W ￿.. Gareth Mltchell The notes on page5 28 to 37 form an Integral part of these financfjal statements. Page 26

Mission Aviation Fellowship UKAnnuol Report & Accounts 2020 Comprjny Number3437446 Cash Flow Stateme forthe year ended 11 December 2020 2020 2019 £000 R¢¢ondllatlon of net Income l {expendlture) to n•t cash flow from operatlni actlvltles Not¢ Net Income I lexpenditurel for the year J87 11.8251 Adjustments for.. Depreclatlon ¢har8es Interest 70 72 1171 1541 246 Decrease In debtors Increase I Idecreasel In credbtors Net cash provlded by I (used Inl operatln8 actlvltSes 74 1601 {1,621) 516 Statement of uih flows Cash )lows from operatln8 a¢tlvltles'. Net uih pmvld•d by I lused Inl operatln8 a¢tlTAtl•s 516 Cash flowsfrom Inve$tlni •ctl¥ltl•5'. Interest 17 54 Purchase of fixed assets 1291 1121 1571 131 Net ush provlded by I lus•d In ) Investlng artlvltl Change In cash and cash equl¥al•nts In the y•ar 504 11,6241 Cash and cash equlvalents at the be8lnnin8 of the year 6,821 8.445 Cash •nd cash 8qulval•nts at th• end of the year 7,325 6,811 Analy51s of thanies In n•t funds ljanuary 2020 31 D•vmber flows 2020 £￿0 Short temi dep051ts Cash at bank and In hand 11,004) 1.317 2,825 6,821 7.325 The notes on pages 28 to 37 form an integral part of these flnanclal statements. Pa8e 27

Mission Aviotion Fellowship UK Annual Reporr & Accounts 2Q20 Note5 to the Flnallclal Statements for the year *nded 31 December 2020 l Aecounting policies of preparailon These linaThcial statements are prepared on a Boin8 concern basis. under the hlstorical tost convention. They are prepared in steilln8 whlch is thè functional currency of the Charlty, Monetary arnounts ITr the accounts are rounded to the nearest thousand. The finantièl statement5 have been prepared in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021. The Charitable Cornpany Ss a public benefit èntity for the purposes of FRS 102 and therefore the Charity also prepared Sis flnanclal statements in accordance with the Statement of Recornrnended Practice applicable to charities preparin8 their accounts accordance with the Fin8nclal Reportln8 Standard applicable in the UK and Republic of Ireland IThe FRS 102 Charities SORPI, the Companies Act 2006. the Charitie5 Act 2011 and Charlties Accounts (Scotlandl RegulatSon$ 2006 as amended by The Charlties Accounts Iscotlandl Amendment (No 21 Re8ulatlDn5 2014. The trustee5 have a55e55ed whether the use ol the going concern basis 15 appropriate and have consldered possible events Of COnd￿50n5 that mi8ht cast signilitant doubt on the abllity of the charlty to continue as a Boing concern. The trustees have made thls assessment for a period of at least one year from the date ol approval of the flnanclal statements. Glven the exceptional cIrc￿ms1&nceS of the Covld-19 crlsSs, the 2021 incorne and expenditufe bud8et5 were Set and approved based on activities partially lirnited by lockdown. but also Informed by 2020 performance. The Trustees have concluded that. tO8ether wlth the reserves esrabllshed to help In such circurnstances, rhere is a reasonable expectatlon that the charlty has adequate resources to contlnue In operatlonal existence for the foreseeable future. The charSty, therefore, continues to Adopt the golng concern basls In preparlng Its flnanclal siatements. The prlncSpal accountln8 pollcles adopted Sn the preparation of the fln3nclal statement5 are Set out below. Fund •cfountSni The charity rnaintalns three types of fund. General unre5trlcted funds (Base Re5er¥el are available for use at the dlscretlon of the Trustees In furtherance ol the Beneral charitable obje¢tlves. Oes18nated unre5trltted funds are monles sèt aside by the Trustees from unrestrlcted fundlng for spec5flc purpose5. RestrScted funds are funds subject to Specific condltions Imposed by donors. Income All Income 15 recognlsed when there Is entltlement to the fynds, the recelpt 55 probable and ihe amount can be measured rellablv. Le8acies are recognlsed followin8 probate and once thtrè is 5ufficlefTrt evidence thai recelpt is probable and the amount of the legary receivable can be measured rellably. Where ent5tlemeni io a le8acy ex5st5 but there 15 uncertainty as to Its recelpt or the amount rece5v4ble, deta515 are disclosed as a contln8ent a$5et until the criteri? for income recognition are met. Govemment irAnts Income from government or other 6rant5, whether 'capital' grants or 'revenue' grants, 15 reco8nlsed when the charity ha5 entltlement to rhe funds, any performance condltions atrached to the 8ranis has been met, It 15 probable that the Income w511 be r￿e1ved, the amount ¢an be measured rellably and Is not deftrred. Expendlture Liabilltie5 are reco8nlsed once there Is a le8al or COnstr￿tIve obllgation to transfer economlc beneflt to a third party. It 15 piobable that a transfer of economlc benefit5 will be required in settlement and the arnount of the obli8ation can be measured reliably. All expenditure 15 accounted for on an accruals basis and ha5 been cla555lled unéer headln8S thai a88re8ate all related Costs to the category. The lollowin8 specific policies apply to categorles ol expenditure.. RM151nK fvnds Raisin8funds comprises all servlces supplSed centrally identifiable a5 wholly or mainly In the support ol generating incorne for thi5 and future perlods, and include5 a proportion of central overhead, support and 8overnance costs. tharitable arthltles Charitable activities includes all costs associated with our international staff (based over5easl, dlrect18rantsl and indirect costs ol our overseas operations, and the costs associated with informln8 and educatin8 our supporters here in the UK about our work, and includes a proportion of central overhead, support and governance u)sts.

Mission Aviation Fellowship UK Annual Report & Accotsnt$ 2Q20 ￿￿e$ to thè Financial Statements forthe y•ar ended 31 De￿rnber 2020 Support Costs Support C051$ include functions such as general rnanagement, information technology and human resources. To8ether with governance costs they are allocated between the cost of raisin8 funds and charitable attlvltles, as shown in note 4alb. Crltlcal account1￿ estlmates and arÈAs of jud8ernent In the view of the Trustees in applyln8 the accounting polrcie5 adopted, no jud8ement5 were required that have a 518nlllcant ellect on the amounts recogni5ed in the fiThancial statements nor do any estimates or assumptlons made carry a sl8nificant risk of materlal adjustment in the next flnanc5al year. For•lBn curr•ncle5 Foreign currencie5 have been translated to Sterling a5 follows.. Curreni assets and liabilitie5 rate a5 at 31 Derernber Other amounts rate at time of transactlon All dlfferences are charged to the 50FA- 2020..£lllk,12019..£4kl. T¥nBlble flxtd assets and depreclatlon Assets Wlth a useful econornlc Ilfe of More than one year and a valu• In exce55 of £750 are capltallsed. Dep￿(latIOn on asset5 15 calculated a5 follows.. Equipment and vehlcles.. charged to wrlte off the expendlture over It5 expected u5eful15fe at 33.33% of the cosi per annum. There 55 8enerally expected to be no materlal re55dual value when the ass•t5 ère replaced. Cash and c15h equSvalents include cash In hand, dep051ts held at call wlth baThk5. Other 5hort-term Ilquld Investments wlth orl8lnal maruritiès of three month5 or less, and ban* ¢)verdr•fts. Oeposlt5 wlth maturlty 8reoter than three months from the year end are classiflei5 wlthln investments. Flnanclal Instruments The charlty has elected to apply the provlslons of 5eciion 11 'Basic Financial Instrurnents, and Se(tlon 12 '0ther Flnanclal Instrurnent5 Issues, of FRS 102 to all of Its financial Instrurnents. Flnanclal Instruments are reco&nised in the charlty's balante Sheet when the char5ty become5 party to the contractual provlslons of the instrurnent. Flnanclal assets ènd Ilabllities are offset, wlth the net amount5 presented In the Ilnanclal statements, when there Is a le8ally enforceable rlght to Set off the recognised amount5 and there Is an Intentlon to settle on a nei ba555 or to reallse the asset and settle the liability simultaneously. With the exceptlons of prepayments and deferred Income all other debtor and credStor balances are consldered to bt basic flnanclal instruments under FRS 102. See notes 8 and 9 for the debtor and creéltor notes. Operatlni lea￿$ Rentals applicable to operating lea5e5 are char8ed to the 50FA over the period In which the cost is Incurred. Penslon5 MAF UK operate5 a non%ontributory defined contributlon scheme for its employees. The contrlbuilon5 are paid monthly as they fall due. The expense to activlty allocation rnatche5 the wage to activity allocation. Pension5 costs are treated as unre5trirted unless a speclfic restritted gilt was recelveé forth￿ purpose. Transfers between fund5 Translers between the Base Reserve and other designated funds are In line wth the FK)licie5 as set out In note 12a. Page 29

Mission Aviotion Fellowship UK Annut71 Report & Accounts 2020 Notes to the Flnanclal Statements for the year ended 31 December 2020 Unrestrlcted Restricted 2020 £ O(M) £000 £0 £000 £0 2a Donatlons Indlvlduals Inon le8aciesl Churches 5,887 1,462 7,349 395 296 691 Trusts 464 623 1,087 Companies Governments 94 307 401 125 16 141 Other 15 36 51 Legacles 2,912 2,914 9,892 2,742 12,634 2b Unrestrlcted Restricted 2019 £￿0 £000 £000 Indlvlduals Inon te8aclesl Churches 5,376 1,090 6,466 553 326 879 Trusts 219 945 1,164 Companie5 Governments 73 94 167 33 33 Other 39 45 Legacles 2,823 14 2,837 9,083 2,547 11,630 3 Investment In¢<xne Interest recelvable 2020 17 2019 54 Page 30

Mlssion Avmtlon FpIlow5hip UXAnnvLTI R8pori& Account5 2020 Nore5tothe NNsnclalSt8tements forihe yearended JI Dettmber 2020 ￿n￿$tr1tteo Re51rlcied Su&total ApportloDed ioio E¥•Endlture £000 R•lslrfur4ds voluntary Incom rxJnotMulSItIo 1,544 1.544 356 175 1,719 396 40 215 2,115 Cth•rll•bk7•EtMtle5'. International 5¢a 696 891 179 1,766 vants.. rèsular Éranis.. one-off restrlct4d fundin6 4,947 670 4,947 670 559 5,S06 746 76 176 1,559 1.559 1,559 7,176 1.735 7,987 rseas operatlons 5,617 811 Informaiion hnd eduuiio 356 6,669 356 9,119 396 2.450 1,030 10,149 Suppurtwsts 1.227 1,227 Twstee trovtlondmtetlnos 12 Atsthtdlsbvrsements ORdv41 Plon￿￿￿1￿fteS0￿dYu1 rao¥ernaKe 18 18 1.245 12,264 1,245 9,814 2,45D 12,264 l>Fseas opei•ilons' Éranis 5,498 Insbiubonll 8ranistoialNn4É5,498,ofp)12019'. £6,082KQOI were mode durlnithè￿li to MAF IntefnJtyon•l Ltd, fjenor•l Humon lfifoirnJllon Pr¢mlxs em hnolts 170 166 Total erne G•nerJl rnana8ernont 340 2tXS 337 1,227 PMlJolaNoc4tkn.. fvyortloned proportbnately acro$$cosi headln85 rEfle(tln8 W51 eff¢ft lasabovel Unre51ritted R￿1r￿ted Ap ortIDned 1019 £0 £ Oct) £ OL¥) Voluntary Income Donorècqul$iiion 1,740 403 1,746 403 2.1419 195 1,941 448 45 1,149 240 2.389 Ch•rltibl•4(tldthi'. 896 190 iiants-. re8￿ar 5,028 1,2J7 5,028 1.217 1,654 7,899 562 5,5 1,353 I,B39 8,782 136 restrlLt•d fundln8 1.654 1.654 18S 0￿r5@al oporatlons 6,245 883 Informatlon and educ10Tr 403 7,452 403 45 448 2.550 10,002 11,120 5LY¥POrtuMtS 1,329 12 1,32Y 11,3291 T￿stee trowlondmeeth95 Auèlt AuLtitd15bursemenis ondvot fv0ts.4uditfvtsandvot 13 Governance 29 29 1,358 ID.959 1.358 13,509 2,5SO 13.509 I￿r$ea$Operafjc￿S' 118nt5 S.082 Supp¢xt m5ts1ndud4: General rnana lTrfotmèiity) hno 170 PrernLfes Total Resources 228 181 374 376 1,329 Page 41

Mission Aviution Fellowship UKAnnual Report & Account5 2020 Notes to the Fifian¢ial Statements for the year ended 31 Oeternber 2020 2020 2019 Nèt income IIExpendltur•l Thls Is stated after ¢har8lni'. Depreclatlon Forei8n exchan8e18ainl / loss Payments under Operatin8 Leases Audltor's remuneratitsn Not• 70 72 io 135 129 Audit lee 41 12 13 Audit d15bur5ements land vat) Other fees pald to auditor5 land vat) Trust•e •nd staff remun•ratlon, r•lated p•rty and other transactloni Staff cosis £Th)o Wages and salarles Soclal security tosts Other penslon costs 2,945 2,889 205 203 332 316 3,482 3,408 Number Number Avera8e number of employees. UK A¥era8e number of employees- Overseas 68 63 31 29 92 Averagè numbèr of employee5- UK IFTEI Average number of employees- Overseas IFTEI 59 54 31 29 90 83 Employees w5th total remuneratlon and benefTts In excess of £60,OLKI.' Nurrber Number E60.W)- £70.000 £70,OCQ- £80.000 £80,OC#). £90,000 £000 Pension contrlbutlons in respect of these employees were 14 21 £000 Total remuneration/benefit5 of key management personnel Trurtee ￿l￿bur5ed expendlture 420,964 395,204 The number ol trustees who received reimbursement for out-of-pocket travel and subsSstence expenses was I12019'.31 totalllng £31212019= £3.0741. The tru5tee5 neither received nor waived any emoluments during the year12019= £NILI Related party tran53rt1ons Apart from the trustee expensès identified above. there were no other related party tran5a¢tions. Page 32

Mission Aviotiort FellowshNp LIK Annutil Report & Accounts 2020 Notes to the Flnanclal Statements ft)r the year ended 31 December 2020 2020 2019 Vehlcles Equlpment Total Total 7 Tan8lble flxed assets £000 £000 £000 Cost As at 01.01.2020 46 369 415 376 Additions 29 29 57 Disposa15 As at 31.12,2020 1181 46 398 415 Depreclatlon As at 01.01.2020 32 292 324 270 Charge for the year Ellrninated on dlsposal A5 at 31.12.2020 14 56 70 72 1181 46 394 324 Nei Book v•lu•s As at 31.12.2020 50 50 91 As at 31.12.2019 14 77 91 106 Debtors 2020 2019 Amounts due withln one year.. £000 £ ¢)JO Other debtors Gift Aid recoverable 107 87 Prepayments Accrued Income 102 129 693 693 907 909 All debtors are considered financlal Instruments wilh the except5on of prepayment5. The carryln8 value of financial a55ets Iln debtors) Is.. 805 780 9 Credltors: amounts falllng due wlthln one year Trade creditors Taxation and social securty • Other credltors Accruals and deferred intome 276 52 39 49 191 53 59 39 416 342 All creditors are consldered financlal Instruments wtth the exceptlon of deferred income. The carrying value of financlal liabllltles (ln credltorsl Is: Other credltor5 Incltsde5.' In respect of pension scheme contrlbutlons 416 342 37 36 Page 33

Mission Aviation Fellowship UKAnnuol Report & Accounts 2020 Notes to the Flninclal Ststements for the year ended 31 December 2020 10 Operntlni lea5e5 1020 2019 £ (K)0 £thJo Operating lease rent31 payrnents durin8 the year.. Land and bulldlngs Vehicles 124 117 li 12 135 129 At 31 Detember 2020, the total future mlnSmum lease payments under non-cancellable leases was as follows.. 1020 2019 land and Land and bulldlngs Other bulldings Other £000 £￿0 Period: Within one year Two to flve year5 Over flve years 102 13 102 21 365 18 378 29 358 447 825 31 927 50 Ila Anafysls of net ass•ts between funds Fund balances as at 31 Oecember 2020 were represented bv.. Base De518nated funds Unrestrictèd Total Restricted Tot•1 Reserve fund5 funds £￿0 £000 £000 EOOO £000 Tangible fixed assets Current assets 50 7.240 673 7,913 14161 319 8,232 14161 Current Ilabllltles 14161 Lon8 terrn Ilabllitles 6,824 723 7,547 319 7.866 Ilb Fund balances as at 31 December 2019 were represented by.. Base Desi8nated funds Unrestrlcted Total Restrlcted Total Re5erNÈ funds fund5 £ cL)o £000 £otyJ £ots) Tanglble flxed assets Current a55et5 91 91 91 6.380 1,323 7,703 13421 27 7,730 13421 Current Ilabilities 13421 Lon8 term liabilities 6.038 1,414 7,452 27 7,479 Page 34

Mission Aviotion Fellowship UK Annuol Report 8 Accounts 2020 Notès to the Financial Ststemeftts forthe year ended 31 December 2020 Iza Fundg Asat 01.01.20 £ o(x) Income Expenditure Transfers Transfers Asat 31.12.20 £0 EOOO £000 £000 8ase Re5eThe 6,038 9,909 19.1441 50 1291 6.824 Desl8nated funds Fixed Asset C05t Fund 415 29 444 Trainin8 Fund 2019 Projects 279 279 1501 2020 Project5 670 16701 sub-total 1,414 16701 29 1501 723 Totsl unrestrkled Income funds 7,452 19,8141 79 7,547 Restrlcted lunds note 13a 27 2,742 12,4501 319 Totsl fvnds 7,479 12,651 79 aL 7.866 The 8a$e Res•M comprises flsk-asstssed Incorne stream element5 to ensure that the tharity can continue operations in the event of adverse oy unforeseen situatlons. The fund level was reviewed by the 8oard In 2020 and a new targèt level cf £3.7m was set. Th• Flxod Assei Cost Fund represent5 the c05t of equlpment and vehlcles used by MAF UK. purchased from unrestricted funds Ithe net book value of the charity's existing fixed a5set5 along wlth the amount desl8nated by the Board. lor future spenéln8, to replace these a55ets.l The transfers reftect purchases and di5POsals. The 2019 Pr?Je¢ts Fund represented 2019 prolects Identlfled by the 8oard In 2018 requlrln8 fundSn8 above the expetted 2019 Incorne revenues. now complete. The 2020 Pralects Fund represented 2020 prolects Identifled by the Board in 2018 requSrln8 fund5n8 above the expected 2020 Income revenues, now complete. The Tr¥lnI￿ Fund was establlshed by the Board to help potèntlal MAF pllot5 and en8lneers 8a5n ihelr quallfTcations more quickly and therefo￿ get to the fleld more qulckty. 12b Funds A5at Incorne Expendlture Transfers Transfers Asit 01.01.19 out 31.12.19 EOOO £000 £000 Ba￿ Reser¥e 6,711 9,137 19,7711 18 1571 6,038 De51in*ed fvnds Fixed Asset Cost Fund 376 57 1181 415 TraSnln8 Fund 290 279 2019 Projects 1,227 11,1771 50 2020 Project5 670 670 sub-total 2,563 11,1881 57 1181 1,414 Ttytal unrestrlrted Income lundj 9.274 9,137 110,9591 75 1751 7.452 Re5trlcted fund5 note 13b 30 2,547 12,5501 27 Total fvnds 9,304 11,684 113.5091 75 1751 7,479 Page 35

Mi55ion A ViLTtion Fellowship Annuol Report & Accounrs 2020 Note5 to the Flnanclal Stat•m•nts for the ye•r ended 31 December 2020 laa ft•strl(ted funds Restricted income arfse$ where a donor has imposed 4 re5trittlon os to the use of the glft. The table below summarlses. by malor£ètegory of ￿trICt￿}n, the openlng balance. income. eXpendItu￿ and c1051nB balance foreach restricted fund. Asat oi.oi.zo £000 Transfer5 Transfer5 out £ OLK) A5at 3L12.20 E0￿? Income Expendf(ure £0 £000 Fund r¢strlrtlon.' MAF International aircraft prolects MAF Internatlonal Llberla han8ar MAF International South Sudan MAF IntErnatloThal non-alr¢raft projects MAF Internatlonal staff 186 1,045 131 1,362 11861 11.0451 11311 11,3621 MAF Australla MAF Canada MAF Gerrnanv MAF Netherlands MAF New Zealènd MAF South Afrlc MAF USA 51 18 13 71 197 11971 1,559 11.5591 Stu•rt Kln8 Memorlal Fund MAF UK Internatlonal Staff 308 27 875 18911 li 27 2,742 12,4501 319 13b As¥t 01.01.19 Éoc Transfers In £ ()Jo Transfers out Asat 31.12.19 £000 Income Expendlture £000 EOOO Fund r•itrfttlon'. £th)D MAF Internatlon•l olrcraft projects MAF Internatlonal Llberia hangar MAF Internatlonal SoLrth Sudan MAF Internatlonal non-alrcraft prolect5 MAF Internatlon?I staff 351 241 756 92 1.440 102 46 13511 12411 17561 11,4401 11021 1461 MAF Australla MAF Canad MAF Gerrnany MAF Netherlands MAF New Zealand MAF South Afrtca MAF USA 17 1171 io 39 1391 12141 214 1.554 11,6541 MAF UK International Staff 30 893 18961 27 30 2,547 12,5501 27 Page 36