2022-12-31-accounts

Flying forLife Mission Aviation Fellowship UK IMAF UK) A compony Ilmited by quwontee, notho¥ln¢shorewpltol Annual Report and Financial Statements for the year ended 31 December 2022 England and Wales Registered Charity Number: 1064598 Scottish Charity Number.. SC039107 Company Number: 3437446

Mission Aviation Fellowship UK- Annual Report & Accounts 2022 Contents Section Page Message from the Chair and the Chief Exe¢utl¥e Report of the Trustees Public Benefit Operational Impart Enabling education in Arnhem Land Carrying oul medevacs and encouraging Christians In Chad Helplng Bible translators, missionaries and fruit growers in Guinea Facilitaling free eye clinics and helping people to beneftt from sanltation, educatlon and financial empowerment in Kenya Combèting drought in Madagascar Responding to earthquakes, providlng Christian resources and helpinB prisoners Sn PNG Serving royalty and flghtlng tropScal disease in South Sudan Helplng to heal body and soul in rural Tanzania Distributing Bibles and airllfting patient5 in Timor-Leste Flyin8 the Princess Royal and bTin8ing educatlon and hope to vulnerable chlldren In Uganda Objectlves and outcorne$ for 2021 The MAF Team In the UK MAF In Scotland MAF Youth, Internatlon31 Staff Conclusion for 2021 Future Plans Strate8lc Report Flnancial Revlew Investment Powers an(i Pollcv Reserves Policy Prlnclpal R15k5 and Uncertainties Risk Management Fundralsln8 Method5 and Processes Stru(ture. Gov•rnan¢e Jnd ManaBement Governing Document, Appointment of Trustees, Trustee Induction and TrainSn8 Organisational Structure Governance Safeguardlng Remuneratlon Pollcy Related Partie5 Internal Controls Trustees, Responslbllities In Relation to the Flnancial Statements Provlslon of Information to Audltors Legal and Administrative Information Independent Audltor's Report Statement of Flnancial Activitles Balance Sheet Cash Flow Statement Notes to the Flnanclal Statements io io li li 12 12 13 13 14 14 15 16 16 16 16 16 16 17 17 17 18 19 20-24 25 26 27 28-37

Mission Aviation Fellowship UK- Annual Report & Account5 2022 Messaie from the Chairman and Chlef Executive From the rising of the sun to the ploce where it sets, the nome of the Lord is to be proi5ed. Psalm 113'.3 For many of us, 2022 saw the sun set on a long and stable era, yet It also opened the door to new beglnnin85. The End of an Era JolnlnB with million5 across the natSon and Commonwealih, the MAF family reflected on the life and reign of Her Malesty Queen Ellzabeth 11, drawing much Inspiration from her falth, dedbcation, and selfles5 service to Christ. While few can compare to her stablllty, longevity, and influence, we at MAF have been encouraged by Her Majesty's legacy te pres5 on unwaveiln8ly into our calling- which is to See Chflst's love change the lives of Isolated people. In so doln& we have been grateful to launch a variety of exciting new projects In 2022 thanks to our generous SUPPOTters, as well as brlnginB some chapters to a natural close. Closer to home at MAF UK, another era drew to a close as we said farewell to Ruth Whltaker, who Served a5 CEO for 16 years. Ruth's passbon for avlatlon and dedication to Chr15t was reflected in the stabllity and trust MAF has establlshed across the UK and wlder MAF famlly throughout her leadershlp. New Beilnnln8S We re￿ICed it the dawning of a new season for MAF In Gulnea, as we cornpleted our Inaugural fllght for the new programme on the 23, of Aprll 2022. The C208 alrcraft formally served in Mongolla and after varlou5 modlflcatlons to prepare it for the cllmate In Llberla, was ferried down to Afrlca and into the programme. It was a complex and evocative ferry flighi - whlch flew above parts of the Nlle Iraced by MAF co-founders Stuart King and Jack Hemmings in 1948. Now the flr5t non-8overnmental aif operator to fly In Gulnea. MAF has already recehed requests from dozens of charltles and medical groups to help transport ￿lief 5ervlces and c3r80 to Isolated parts of the country. The flTSt MAF passengers to take flight in April were grateful and privileged to be part of the momentous day a two-day road irlp made posslble In lust over a few hours thanks to MAF. Theysald.. "We have been praying for an air service since we 8Ot here over a decade ago. There are no domestic alrcraft In Gulnea, so we have to drlve- but it is the single most Stressful aspett of life for us. It Is dehumanlslng and demorallslng. MAF wlll be a Itfesaver.. Also new In 2022 was a new hangar at our base In Mareeba, Queensland, Australla whlch wlll enable us to better serve the people of the Asia.PaclfSc region. Ml$$lon Accompllshed In 2022 we marked the end of another Important era.. our 25-year operation in Bangladesh. Born In the aftermath of one of the world's deadliest ngtural disasters of the 19705, the MAF programme In Bangladesh wa5 a response to Cyclone Bhola, which claimed the lives of half a million people. These early fllghis were the first of dozens of dlsaster response flights whlch we have undertaken over the years and whlch have saved countless lives endangered by floods, tsunamls and cyclones in the world's most populated nation. Our fllght seryices in the country have reached mllllons of Isolated people In mlnutes rather than days using two amphibiou5 Ce55na aircraft. However, dramatic irnprovements to the country's infrastructure have reduced the need for our Service. Page I

Mission Aviation Fellowship UK- Annual Report & Accounts 2022 As MAF International CEO Dave Fyock concluded in August.. "We celebrate with the peoplè of Ban8ladesh the progress that has been made and are glad for the dramatbc difference thi5 will make to the region. Closure of the Bangladesh programme will release re50urce5 to invest in new opportunities where we can make a more significant difference. L¢okin8 io the Future In 2022 we unveiled a new webslte, which wlll Integrate with our new CRM database and help us to better Serve the needs of our supporters and dellvef them the most appropriate. relevant Information. The CAM is n excitlng development for the organisation as it offer5 increased insight into how our donors are 8fvln& identifying trends and patterns and will support us to deliver the most relevant and effective messagin8 to our audlences. Another exciting milestone wa5 the reciuitment of our first young pilot to MAF-UK'S Future Pilot Scherne- brand new initlalive whlch we hope wlll enable us to unlock talented future pllots to serve with MAF In the years to come. We also pralse God for the donor who gave us a signiflcant gift in memory of hls wlfe to allow us to fully fund the purchase of a Cessna 208 alrcraft. Worklng together wlth our colleagues In the USA, the new addition to the fleet has received the nece55ary modlflcatlons to prepare It for servlce In West Afrlca In 2023. In the second part of the year, MAFI unvelled thelr vlslon of how they would Ilke the mlsslon to evolve over the next decade. Part of these plans15 3 bulldln8 project In PNG, provldlng houslng for more staff members. The programme In PNG ha5 ambitious plans to further Increase the impact in that country, and provlding sultable accommodatlon for more staff is vital to those development plans. We were humbled by a large gllt from a major donor whlch was used as match fundlng, allowlng us to make an encoura8ln8 start to this malor Capital projeci. As ever, we are so grateful to our Lord lor eauslng the sun to both rlse and set on every aspect of MAF'S work. In particular, we are 8rateful for HIS provlslon of.. £16m of Sncorne £4.9m of legacy income 30 oversea5 staff We count It a privilege to partner with so many Inspiring organisations, churches and indlvlduals across the world to make sure that the pralses due HIS name are echoed across the furthest corners of ihe world. It never ceases to amaze us just how falthful, commltted and unwaverlng the prayers and gifts of so many have been to allow thls life-saving ministry to continue to 8row. We trust that, In the Operatlonal Impact Section of the Trustee Report, you'll be Insplred as you read some of the storle5 of the Work made possible by God's unfailin8 goodnes5 and your sacrificial 8ift5 and prayers. The stories provide a brief snapshot of how some of the world's Poorest and hardest-to-reach people were able to receive God'5 peace. protectlon and provision throughout 2022. We look forward to everything that He ha5 in slore for us, and every new beglnnln8 which we wlll embark on this comin8 year. Matthew Burton Donovan Palmer Chairman Chief Executive P3ge 2

Mission Aviation Fellowship UK- Annual Report & Accounts 2022 Report of the Trustees for the year ended 31 December 2022 The Trustees are responsible for preparlng the Annual Report and the flnancial statement5 in accordance with appllcable law and United Kingdom Generally Accepted Accounting Practice. The Trustees, who are also Directors of Mission Aviation Fellowship UK IMAF UK) for the purposes of the Companles Act, have pleasure in presenting the Aeport and Accounts forthe year ended 31 December 2022. The financlal Statements comply with the Charities Act 2011, the Companies Act 2006, the Articles of Association, and Accounting and Reportln8 by Charities.. Statemenl of Recommended Practice applicable to charltles preparing their accounts in accordance with the Financial Reportlng Standard applicable in the UK and Republic of Ireland IFRS 102, October 20191. Publlf beneflt The Trustees conflrm that they have had regard to the guidance on public beneflt publlshed by the Charlty Commlsslon In exercising their powers and dutie5. A5 illustrated In this Trustees, Report, MAF UK supports the worldwlde work of MAF, whlch aims to reach people Ilving in some of the most Isolated part5 of the world. In many countrles, insecuiity can render road travel hlghly dangerous. MAF'S fleet of Ilght aircraft enables acce5S to remote communitie5. connecting those in need with those that can help. Even in places where itls safe to travel, there may be no roads or, If road5 do ex15t, they can become Impassable for months at a tlme due to natural dlsaster5, adverse weather condltion5 and confllct. Operatlonal Impact MAF'S rnis5ion is to see i501ated people changed by the love of Chrlst and we serve together to brln8 help, hope and heallng through avlatlon. We swlftly and efflclently fty people and organlsatlons to communllles that are hard to reach, or cut off, due to geo8raphlcal barrlers, nalural dlsasters, war and conflkt. In 2022, MAF flew over 6 mlllion kllometres carryin8 humanharlan rellef and Spiritual hope lo areas that a hard to reach or cut off from the out51de world. Our pllot5 flewto over 1,000 remote location5, enablln8 aid and relief organlsatlons, churches and indivi(iuals to care for thousands of vulnerable people In 24 low Income countrle5'. each fllght a message of hope. The following are example5 of lust some of the activltles carrled out by MAF pro8ramme5 in Arnhem Land, Chad, Guinea, Kenyo, Madagascar, Papua New Guinea, South Sudan, Tanzania, Timor-Leste and Uganda. The Storle5 8lve a flavour of the flights that took place in 2022-showlng how, despite the changes and challenges presented during the year, MAF coniinued to brlng help, hope and healln8 to th05e Ilvlng In some of the world's pOO￿$t and remotest reglons. En•blln8 educatlon in Arnhem Land In Arnhem Land, whose tSny populatlon of 16,000 is 8eogr3phlcally spread out, our flight5 enabled hundreds of indigenous Students to access a culturally appropriate education. For the students of Nhulunbuy Hi8h School thi5 has meant that Instead of a 6 hour journey overland, they can re3ch thelr school In lust 40 minutes, thanks to a MAF fllght. We also transported teachers, students, supplies. resources, and staff to the remote Homelands throughout Australia's Northern Territory so Yolr]u students could obiain a wider education in the comfort of a traditional famlly envlronmeni. According to one of MAF'S principal partners. the Asslstant Printipal of Laynhapuy Homelands School, 'Driving would take too much time out of a teacher's day, $0 ivs much better for us to fly. We rely on MAF because they're so flexible., Page 3

Mi$5ion Aviation Fellowship UK- Annual Report & Accounts 2022 Carrylng out medevacs and encouraglng Chrlstlans in Chad In Chad, where- without MAF - there is no effectlve way to reach remote clinics, Fanfina suffered a heart attack at her home. After two days at the local hospital, her condition became critical and FaTrfina needed to reach the capital for urgent, life-saving medical attention. Because a 372-mile overland journey would have taken 12 hour5, her husband called MAF. Pilot Becki Dillingham, who airlifted Fanfina, confirmed the dire state of the road5, commenting, 'You can see the potholes from the air, they're that bigl, Three weeks later, Fanflna was discharged from the hospiial in N'Djamena- our flight having helped save her life. Her husband thanked us, saying, 'Fanfina is alive today thanks to this rapld evacuation and effective caie. We afe very grateful to the staff of MAF forthls flight. God bless you rlchly., We also Ilew Pastor Justin, who's committed to serving unre)ched people, and fegularly flies wlth u5 to eastern Chad fiom the capital. A particularly effectlve MAF trlp Sn 2022 enabled him to vlslt the Runga new, unreached people group. When Justin shared his vlsion to send missionaries to their villaBes, he was allowed to call the Runga chiefs and ask them to re¢elve his tearn. The frultful trip concluded with Iu5tln visiting the leaders of four Run8a villages, praylng wlth them, and explaining that he could Introduce them to people who would show them more produdive and sustainable ways to grow their crops. Helplng Blble translators, mlsslonarles and frult 8rowers In Gulnea In Guinea, our most recently opened programme, only 5% of the roads are paved and there's no rallway network. MAF Pllot Roy Ri5sanen flew a ieam of missionaries seeking to provide a 300,000-strong unreached people group with the Scriptures In their own language. The team left a remote part of the country and flew to the capltal 50 they could attend a quarterly team meetlng the two-hour journey saving thern two days of 8ruellin8 road travel. 'We've been praying for transportation since we got here over a decade ago,, the misslonarles explalned. There are no domestlc alfcraft In Gubnea, so we have to drlve. We drlve and we cryl MAF wlll be a life-saver. Drlvln8 at night is very dangerous and the mountain passes are dangerously narrow. We never take a trip where we don't see an overturned vehicle along the way., Later flights In our newest programme saw MAF pblots transporting a patlent suffering from suspected appendic4tls to a h05Pltal run by mlssionaries and deliverln8 tropical Irult trees to an agricultural project almln8 to Improve nutrltlon In an Impoverlshed area. FJcllltatln8 free èye cllnlcs and helpln8 people to benefit from sanltatlon, educatlon and Ilnanclal empowerment In Kenya In Kenya, where aboLtt 74% of the populatlon live In areas where hea￿h¢are Is extremely Ilmlted, MAF flew ten eye 5pecialist5 and surgeons to Marsabit. The 2-hour trip saved them at least 2 days by road and allowed more than 1,700 people to be screened for eye-related dlsorder5. The free medlcal camp, whlch was organised by MAF Kenya, The Fred Hollows Foundation, Christian Blind Misslon, the County Government of Marsabit and the Kenyan Ministry of Heaith, enabled isolated villagers to receive free medicine and eye drops. It also provlded 220 patlents wlth an operation that reversed the bllndnes5 caused by cataracts. Another MAF flight helped Rev Purity from Chrlst is the Answer Mlnistrles ICITAMI to visit thelr prolect5 In northern Kenya. CITAM, in partnership with Mbsslons of Hope Internatlonal, delivers quality education, with some of its Sludents going on to pursue theological training. Because most of the roads are poor, our fllghts save their Staff hours of overland travel. Purity, who w35 looklng ai setting up sanitatlon, health and flnancial empowerment prolects, sald the 8oal is for the people they a5515t to eventually take over. 'People from our congregations are willing to go,, she noted, 'but they aren't willing to spend all their tlme on the road. But if MAF helps us fty from one statlon to the next, we can achieve a lot. Page 4

Mission Aviation Fellowship UK Annual Report & Ar.count5 2022 Combatlng drought In Madagascar In Mada8ascar, a country facing its worst drought in 40 years, half a million children under the age of 5 were said to be'acutely malnourished,, with a further 110,000 facing 'severe malnourishment,. Responding to the effect5 of the 2021 drought whlch kllled trops and deslroyeil livelihoods, MAF aircraft- whlch had flown a mlssionary team to Fianarantsoa to distribute 10,(JW Bibles helped Younghuen Ohm, the translation project's international co-ordinator, to visit southern Madagascar to help those who were hungry. 'The trlp, he Said, 'involved food dlstrlbution, church building, and building water tsnks. In May we medevacked a young man, who had broken his leg in a road accldent, from Antananarivo to hospital in Mandritsara where hi5 parents liveil. After a sm¢)Oth 80-minute flight Finaritra underwent a three- hour operation on his femur, and his father Informed u5 that his son was doing well. Delighted at the happy outcome, one of the doctors who flew wlth Flnaritra said, 'We've flown with MAF so many tlmes already, thewve always been so quick and helpful., Responding to earthquakes. pro¥ldin8 Chrl$ll•n resour<es and helplng pflsoners In PNG In Papua New Gulnea, an earthquake reglsterlng 7.6 on the Rlchler scale struck Markham Valley In Morobe Provlnce, leaving at least 21 people dead and 30 inju￿d, wlth many more missin8 or burled under landsllde5. A5 500n as weather conditions permrtted, we made an aerlal Survey, enabling disaster response 18encles to assess the needs of ih05e affected by the quake, whlch wrecked roads, highways, Internet cables and medlcal facllities- damaging or destroying more than 1,076 houses. Althou8h the most mountainou5 areas were Impossible to reach by road, our pllots dellveied 117kg of food from Goroka to Mibu. On 12 September, we alrllfted eight people, some of them badly injured by the landslides. 2022 also saw staff from MAF Technologles PNG helping a woman whose husband had died after battling severe Illness. Althou8h life had become very difficult for Salome, when MAF personnel gave her an audio Blble, she found great comfort In Ilstenln8 to God's Word. 'It remlnded rne,, she Said, 'that the Lord Jesus Is my life and my everything., Later, however, Salome's solar powered audio Bible stopped worklng. Fortunatelyi when our Sales Manager heard what had happened, he gave Salome a new one, enabllng her to receive further comfort. Our staff a5slsted PNG'S people in other ways. too. Harri¥tte Knlgge, whose husband Wllfred 15 an MAF pllot, made regular vlsils to a women's prlson throughout 2022. 'One week,, she says, 'is for religious Instruction and the other is more of a rehabilitation programme. We've also done a trauma healing course with the women, and I'm currently teachlng confllct management skllls., When Harriétte found some Chr15tian women frorn the Netherlands who were wllling to write to the female prisoner5, she tianslated their letters Into Tok Pisin and helped the ladles to respond. 'The reason we visit the prison Is that we want to bring the ladles God's love and show them that, whatever happened in Ilfe, they are loved as daughters of an almighty God., Servlng royalty and fl8htlng troplcal dlsease In South Suda In south Sudan, where half the population Is In desperate need of food and medlcal assistance, we enabled a team from AMREF South Sudan to avold the dangerous roads that are often ambushed by rebe15 Qr bandlts. Our plane helped lacopo and his colleagues to reach Mariili and Mundri so they could research a rare neuroloBical conditlon known as Nodding Syndrome. AMREF also trains communlty health volunteers and offers support to those living with the disease. 'The entlre project team can't move without MAF,, Jacopo remarked. 'Becau5e we can't drive to the locations where we're worklng, MAF enables us to do our job safely., Page 5

Mission Aviation Fellowship UK Annual Report & Account5 2022 2022 also saw us fly KinB Charles Alifa Omoro of the Orniaha Kingdom from luba to attend the inauguration of his successor at Ibonnl. The teremony takes place every 22 years, with the last ruling generation having taken over in 2000. The 8atheTing was an important opportunity for the Omiaha to reflect on thelr history and evaluate how well the outgoing 8eneratlon had navigated the challenge5 of the past two decades. King Charles, vision Is for peace, literacy, Pfosperity and good healthcare. The new generation is expected to continve this vislon, keeping harmony between the Orniaha and their cattle raiding neighbours. Helplng to heal body and soul In rural Tanzanl In Tanzania, where there's a dangerously inadequate network of dSrt-track roads, MAF Pllot Mark Liprlni helped spread Jesus, love and provided a family wlth urgent medical treatment. Elisha, a Maasai pastor, has worked wlth us for almost 40 years- hls evangelists flying to remote communities to preach the Gospel and nurture believers. 'As I was aboul to take off on a routlne flSght,' Mark recalled. '1 glanced out of the cockplt to see a man 5ignalling frantically. "Please, a very Sick chlld needs to go to the clinlc in Malambol Can you take the child, its mother and the father, who is also sickT' So the family joined the three Maasai evangellsts I'd corne to collect. DlslrlbutSn8 8lble5 and alrllftSn8 patlents In Tlmor-Lesle In Timor-Leste, where two-thlrds of the populatlon are Isolated by mountainous terrain and poorly malntabned roads, we enabled a misslonary team from KULIT and Wycliffe Timor-Leste to dellver the book of Ruth to 5ame- SO miles south of the nation's capltal. Pastor Carlos of the Evangelical Presbyterlan Church of Tlmor-Leste s35d they were proud to have flnlshed translatlng the book into Mambae, sayin& 'We hope to translate the book of Mark soon, so people can read the Gospel in their mother tongue. We are grateful lo MAF for evacuatln8111 and inlured people from rural areas to the natlonal hospital and carrying mlsslonarles Ilke us to dellver the Gospel. In 2022, due to the country's fra6lle health sy51em, our plane5 were also used as alr ambulances. MAF alrcraft flew Fllomena's slx-year-old son to hospltal. 'At midnight, Bendilo wa5 in severe fever,, Fllomena explained. '1 was shocked, because I found blood running from hls nose. The dortor sald he had dcngue fever and needed to Bo to hospltal In Dill. When the plane arfSved, I was happy because our child would be able to get speclallst t￿atMent. Ftyin8 With MAF took lust a few minutes instead of going by boat, which takes hour5.' MAF staff gave her an overnight care packaBe of cookles, clothes, credlt vouchers and drinklng water. Bendito, who was eventually discharged from the hospital, Is now home with hi5 family on Atauro 151and. 'MAF,' Fllomena noted, 'save5 people's live5, especially women in labotsr and chlldren Sn rural area5. Flyln8 the Prlncess Royal and brln8lng educatlon and hope to Vulnerable chlldren In U8anda In Uganda where, desplte the great progress made in reducing povertV* there are Still pockets of great need, we flew Shella from We See Hope IWSHI, an organisation that teaches youngsters who've dropped out of school about righis and re5ponsibilitles and enable5 Others to remain in school. W5H also provide5 those who can't attend Secondary school wf(h vocational courses such as weldin& buildlng, carpentry, tailoring and hairdressing. The organlsation also gives school-leavers the help necessary to start bu5ine55 centres that provide employment for orphaned and vulnerable children and distributes mlcro-loans to communltles to ensure long-term sustainability. Sheila, who flies with u5 every quarter, sald, 'MAF is very siJpportSve. Once, when you were fully booked, l experienced how much harder it Is to have to drive eight hours Instead of to fly one., We also had the privilege of flybng the Princess Royal and her husband Sir Timothy Laurence-who de5crlbed MAF as 'very impressive'_ to V151t projects supporting refugees in Uganda. Our aircraft saved them hours of Page 6

Mission Avi8tion Fellowship UK- Annual Report & A£counts 2022 arduous overland travel. During the four-day trip, Princess Anne opened the first bank to operate in a ￿fu8ee camp. Opportunity International's Initlative allow5 thousands of displaced people in Nakivale refugee settlement to grow their finances through banking services and loan s¢heme5. The Princess also visited a 'child-friendly space. at Kyangwali Refugee Camp Save the Chbldien Uganda's refuge for children fleeing from confllct In the Democratic Republlc of Congo. The British Hl8h Commissioner to Uganda, who accompanled the royal party, commented, 'It has been such a help to have MAF'S support on thi5 important visit. They are a lovely orBanisation doin8 great work., All these and many other projects were only posslble because of the faithful support of our individual supporters, churches and grants from Bovernments and institutions. These Included.. AFD Software (The Postcode People) Eden Automotlve Investments John Scotl Works Ltd The Harvey famity, In lovlng memory of Gllllan The Mi55es Charltable Trust The Souter Charitable Trust Oble¢tlves and actlvltles for 2021 MAF u￿5 vision is to see Isolated people changeil by the love of Chrlst. Our work enables churches, mlssions, humanitarian, fellef and development Bgencles to reath remote communltles wlth practical help and 5plrltual hope. The principal pulpose and activbty of MAF continues to be the provlslon of subsidised, safe and secure aviation servSce5 In parts of the world where travel by road Is Imposslble, unsafe or loo slow to reach 1501ated areas. Chrlstlans who share this aim use their 5ki115 in aviation and other flelds to partner with nitSonal churches, relief and devebpment agencies, m15slons, h05pltals and governments to meet the most presslng of human needs. MAF UK15 a member of MAF Internatlonal IMAFII, whlch Is an assoclallon of Operatlonal and Resourtln MAF group5 around the worlil, all wlth the same charltable objects, vision and mission. MAF UK'S charltable activitles are achieved through the Provision of funds and staff. Fund5 ralsed In the UK for MAF work are passed to MAFI, which manages the oversea5 operations. Restrlcted funds are passed acr055 when they are recelved, and each year MAF UK makes an unrestricted grant to MAFI, which Is given monthly. This grant 15 based on MAFI'S budgeted need and MAF UK'S expected Income. The overseas staff recrulted and employed by MAF UK are seconded to MAFI. Speclflcallyi our objectlves and Outcom￿ In 2022 were: Inspiring and growln8 our network of praylng Individuals and churches This year we be8an a pilot of, For Thesoke of The World IFTSOTWI, a new Initlative to inc¥ease prayer support and awareness for internatlonal mi55ion. In partnership with three other UK mi55ions, we are producing resource material to enable community-led prayer groups to pray for our work. Prayer group leaders recelve Informatlon on how to run a group and regular updates to help shape their prayers. A FTSOTW prayer group has been set up In our Ugandè programme, led by a Ugandan staff member, to not onty prayfor global mission but to a15u provide info¥matlon for prayer so that our requests are

Mission Aviation Fellowship UK- Annual Report & Accounts 2022 timety, informed and directed. In addriion, every L)ther month we hold a short dlgltal 8athering to 5howca5e mission work overseas and share specific prayer need5. It 15 hoped that thls call to mission focussed prayer will also enable us to engage Christians worshipping in new, emer8ing and BAME churches, reaching younger and more diverse au(liences. Presently we are piloting the scheme in Scotland pendlng a national roll out In 202314. We have seen a conslstent and growing Interactlon wlth prayer posts on social medla. Our For the Sake of the World prayer page on Facebook increased followers by over 50% over the course of the year. Investing in resources to recruit staff for overseas work and supportln8 tralnlng for candldates to achleve the necessary quallficatlons and experience for technical roles In the overseas programmes. Thls year we have sent two famllles and one single woman overseas to Serve in our PNG and Uganda programmes. We have also recrulted the first trainee pllot to MAF-UK'S Future Pilot Pro8ramme. This is a brand. new initiative whlch we hope will unlock talented future pllot5 to serve wlth MAF Sn the years to come. In addltlon, we a150 entered the thlrd year of OUT Engineering Tralnlng Scheme with 3 further traSnee commencin8 instruction in 2022. Thls brbngs our total number of tiainees to four. Developing a range of mulii-platform resources and communications to Inspire a dlverslty of churches and individuals, enablln8 US to fun(Jralse for vltal operational needs. This year we launched a new web51te to en8age and enthuse new and ex15ting supporters. The new site is integrated wlth our CRM database whlch has enabled us better to understand our supporters and produce content whlch meet5 their needs, Also new for 2022 was the MAF Cube, an interactlve game based on the TV show, wlth challenges based around aviatlon and MAF'S work. We took this new engagement tool to events to insplre potentlal new supporter5. Increaslng and enhanclng the use of our new CRM database to Improve the experlence of our supporters and improve internal efflclency. Our cloud-based CRM database now automates many processes and is Integrated to our revamped website. This has reduced the need for manual processln8 on many activities and has opened manv further opportunlties of using up-to-date technologies to enhance our operatlonal capabilltles. Stakeholders have constant acce55 to near real.time information enablin8 informed decision making which has resulted in improved communication within the organlsation. The MAF tearn In the UK MAF In the Community In England and Wales and Northern Ireland Although churches and youth groups wanted to hear from MAF speakers, the emergence of another coronavirus wave at the start of 2022 restricted our abillty to speak at meeting5, With Broups reluctant to host our volunteers until the mld(ile of the year. Towards the end of 2022. however. we were deliBhted to see MIC speaking events approximate pre-pandemlc levels- the year concludln8 wlth about 450 meetings having taken place. Page 8

Mission Aviation Fellowship UK- Annual Report & Accounts 2022 Key events at which we were able to bring our display aircraft included New Wlne, Bi8 Church Festival, Cedarwood Festival and two Christian Resources Exhibitions. We also had stands at Sprlng Harvest, Word Alive and the Ke5wick Convention. The year also Saw us Supporting Searchll8ht Theatre Companws production of CS Lewis, The 5crewtape Letter5. Enablbng us to reach a potentially new audience, the four-night tour helped develop a number of new church partnerships for 2023. Wlth 13 churthes currently taking part in our church partner5hlp 5cheme- enablin8 US to develop a deeper relationship rather than just vlsltln8 them once a year a further 10 churche5 will be joinin8 the Inltlative next year. Ahhough four volunteer speakers stepped down durlng 2022, we recrijtted a number of replacements, and have four more speakers hopefully lolnln8 us in 2023. A campaign to recrult further speakers will take pla using soclal medla. Volunteer Numbers 2022 2021 Re8lonal Co.ordlnators England and Wales Scotland Northern Ireland Area Repslspeakers Scotland England and Wales 62 64 28 28 Northern Ireland Elilll io io Church Reps Scotland England and Wales 266 266 29 29 Northern Ireland 60 Prayer Group Leaders Scotland England and Wales 16 16 io io Northcrn Ireland Despite it proving hard to create MAF-speclflc prayer groups, we're encouraged that 23 supporting churches have agreed to receive regular MAF prayer updates to help them pray explicrtly for our work during thelr Sunday seNlces and mid-week meetings. We continued meeting wrth our volunteer network through Zoorn. regional in-person meetings and fa￿-to- face contacl. The meetin85 provided an opportunltytotell the MIC team about new resources and encouraBe their promotlon of MAF'5 ministry. Although 2022 had its challenge5, we're encouraged that next year we will be planning our national conference- enabling all our volunteer speakers to meet in person after a gap of three years. Page 9

Mission Aviation Fellowship UK- Annu81 Report & Accounts 2022 MAF In Scotland The impact of coronavirus again prevented us from holding the normal number of MAF activitie5 and event5, re5uliing in our making an extensive c05t-benefit analysis, comparlng figures from 2019- the last full year of activity- with that of 2022. Despite COVID-19, the posltlve engagement of MAF supporters enabled our team to speak at 71 churth events - 70% of MAF Scotland's activity. We were also encoura8ed by a slight increase in secular events, carrying Out 11 secular speakin8 engagements this year. We are grateful, too, to have been able to continue our relatlonshlp with 19 supporting churches. y the end of 2022, we'd held a total of 101 meetinBs, enabling us lo reach both Chrlstlan and secular audlences, wéth the average number of people signing up to MAF endlnB up hi8her than in previous years. Aequests for volunteer speakers for 2023 afe similarly encouraglng. Havlng produced a range of new resourtes illustratlng how MAF support5 the UN'S Su5talnable Development Goals Agenda, we'll be followln8 th15 up next year by runnln8 an event for pastors, aimed at Increa51ng our effectlveness in enga8in8 Wlth new churches. 2022 also saw us galn three new, year-long church partnershlps, with conversatlons havlng taken place with potentlal partners for 2023. Although no large Chrlstlan festivals were held in Scotland during 2022, our tearn supported MAF UK staff at Cedarwood FestNal, a Christian event held in northern England. Next year, we hope to return to a number of festlvals In kotland, Includlng a brand-new event In Ayrshlre. 2022 wa5 also the year we began our Involvemenl with For the Sake of the World IFTSOTWI, facllitatlng 5 onllne events of the prayer Initiative, with about 25 people taking part. Our social medSa follow5n8 Saw more than a twofold increa5e- the 518nificant growth allowing US to promote FTSOTW to over 2,000 followers. We also promoted the prayer Inltlatlve at a Chrlstlan festlval In an area currently wlthout an FTSOTW group. Plans for 2023 include havlng an exlstlng slaff member lake up the role of Mlnlstry Facilitator. The role Involves engagbng with church congregatlons, invitinB churches to take part in our Bible Studies and workshops, 5UPPOrtlng sending churches, developing church partnershlps, Increasing mlsslonary Involvement, and nurturln8 prayer for MAF. MAF Scotlandls also in the process of recrulting a Young Person's Worker to engage with young adults up to the age of 26- provldlng a natural tran51tlon from MAF Youth to our adult programme. MAF Youth Because of coronavirus restriction5, ouractlvltles remained Ilmlted due to church youth groups belng nervous about havlng outslde speakers. We were, however, dellghted that our School Partnershlp programme continued to effectively en8a8e with primary schools, with more than 12 schoo15 again partnering with us. In order to manage our relationship with the schools and handle the contacts that come frLJm them, we successfully recruited 15 School Partnership volunteers. They will focus on running partnerships in their area and seekln8 new opportunities to connect wNh other schools. Page 10

Mission Aviarion Fellowship UK- Annual Report & Accounts 2022 We also recruited a new MAF Youth staff member to focus on church youth mlnlstry- an area thal, durlng the last three years, suffered due to the pandemic. With our Youth Mana8er now back from maternlty leave, we look forward to havin8 our full team worklng on youth activf(les next year. Internatlonal Staff Following hei8htened challenges due to the pandemic, several overseas Staff returned tothe UK. Desplte thls we contlnued to support up to 27 staff members and their families servSng Sn Kenya, Uganda, Tanzania, Chad, Llberia, South Sudan, PNG and Australia. We also continued to assist several more'linked staff sent by other MAF Broups, but wlth connectbons to the UK, helping them with support raisin& administratlon and pastoral care. Addltlonally, we supported two Individuals who are contlnuing In our Engineerin8 Tralnlng Scheme and one individual in our Future Pllot Progiamme. We We￿ also able to recruit five tralnees to comrnence 5tudles In the new year. Emer8ln8 from recrultment challenges durln8 the pandemlc, we were ￿allY pleased to send two famllles and one slngle lady overseas to serve In our PNG and Uganda programmes. We also recruited three new famllies who woll commence overseas In the New Year. Concluslon for 2022 2022 saw u5 Produce strong communlEatlon5 digltally, In prlnt, and at church presentations and events- all 5harlng our passion for reaching remote and marginallsed people in Breat need. An Increasing number of people heard about MAF for the flr5t tlme, wlth many lolnlng our growlng team of supporters- enablin8 US to serve a greater number of remote and Isolated people overseis. In 2022 God blessed us wlth £16m of Income, up from £13.8m In 2021, and we 8lve thanks for every Blft, prayer, enquiry and hour of tlme 8iven by our volunteers and teams throughout the year. Future plans AcTOS5 the world, many people Ilve In isolatlon and In need,. In countries with little s18n of development or tragically war torn and unable to recover qulckly froln strife and Severe civil unrest. We are prlvlleged to be enabllng many other oiganisations who share the'great commi55ion' and understand the importance of the UN sustainable development Boals- and the misslon to ensure that no one should be left behind. So that MAF can provlde vltal service5 and support to reach and help people living is 1501ation we aim to: Attract, prepare and train new staff to serve overseas Establish a mechanlsm for developing national staff In programmes as well as enabling those Individuals coming from countries without an MAF presence to serve in MAF programmes. Grow the numbpr of donor5 across all fundralslng strands to fund core programme costs and meet the capital expansion plans in PNG and other programmes Embrace a culture of testing and innovation tc* facilitate increased engagement wr(h a wider, more diverse sUPPOrter base Page 11

Mission Aviation Fellowship UK- Annual Report & Account5 2022 Strateg1¢ Report Financlal Review Flve-year hlsiory Income and expendlture £000 Income 2018 2019 2020 2021 2022 Unrestricted 8ifts >-E20,000 Unrestricted donation5 Legacies Investment incorne 481 5,859 5,650 52 298 5,947 2.823 54 212 6,767 2,912 17 459 6,170 4.105 12 778 5,722 4.889 60 International staff sup ort 855 893 891 902 857 Other restricted income.. Aircraft Fuel Juba han ar Flwn8 to benefit children South Sudan Liberia han PNG Future Footprint project Stuart Kln Memorial Fund Other 1.127 14 SC 1.251 537 20 io 142 99 206 269 241 351 186 253 ar 585 308 1.348 12,651 65 1,119 13,787 1,082 15,389 1,057 11.684 1,034 15,971 Tot•1 Income EMpendltur• Cost of 8eneratin volunta Charitable activ5tie5 Total expendliure N¢t In¢omlni I lowolngl rewurces Income 2,320 11,336 13,656 1.7JS 2.389 11,120 13,509 {1.8251 2,115 10,149 12,264 387 2.124 10,474 12,598 1,189 2,161 14.961 17,122 11,Isii Page 25 sets out the Statement of Financlal Actlvlties for MAF UK for the year. The total Income for the year was £16m12021'. £13.8ml. The principal source of fundlng was through voluntary donatlons providing some 99%12021: 99%) of total Income. Of thls, legacy Sncome amounted to 31%12021'. 33%). A5 shown in note 2, donation income fiom the varlous donor Broupin8s was by and large comparable. Large restricted 8ffts from Iwo Indbvidual donors l£1.25m and £0.5ml accoLtnt for the dlfference in restricted gifts. The benefits of tax-efficlent glvlng were again increased through the securlng of a further 1,093 Glft Ald Declarations during 202212021.. 1,7821. Tax clalmed on 2022 8ift5 amounted to £1,185,02812021'. £9S4,0491. Chèrltable actlvltles Include the cost5 of our overseas staff, unrestrlcted 8rants made and restricted funds for flying operation5. During the year, the sum of £1,735,CQO (note 41 was pald In staff support to 30 staff Inote 61 lindlvlduals/familie51 from the UK seNin8 overseas12021: £1,758,000 to 30 staff indivSdualslfamiliesl. In addition, unrestricted grants of £7,063,000 (note 41 and restricted income of £4,531,000 Inote 13al totalling £11,594,00012021.. £7,634,LKIJ'I were passed to sister MAF groups worldwide, primarily to assist in the provision of mission aviation 1*2021.. unrestrlcted grants of £5,561,000 and restricted income of £2,073,c(Kil. The assets and Ilabllotles of MAF UK are set out In the Balance Sheet Ipage 261. All of the assets were used directly in the charitable purpose or in a support capacitv. Page 12

Mission Aviation Fellowship VK- Annual Report & Account5 2022 'Financial Instrument< are those assets and liabiif(ies of a charity that can be impacted by a third party le.g. bank deposit5, investments, overdraft5, loans, trade credftors etc.). At the Balance Sheet date, financial instruments included bank dep051t5 and trade creditors. Trade creditors are paid wf(hin 30 days unles5 the supplierfs payment terms are less favourable. Inve5trnent income was £60k12021.' £12kl, reflecting Interest rates 5tartlng to rise. Investment Powers and Poll¢y The investment powers of the Trustees are as set out In the Articles. Any sums not imrnediately needed have historically been invested in interest-earning accounts. It 15 the Trustees aSm to ensure that funds are applled as quickly as possible, while also maintaining a suitable risk-based cash reserve to address the risks identified n the rlsk management process Isee Rlsk Management section). However, Biven the very low, and below Inflation, interest rate5, after much research the Board decided to place £lm of the funds in the EdenTree Amlty Global Equlty Fund for Charitles. All Income is automatically reSnve5ted. Reser¥es Polkv The Trustees have assessed whether the use of the goln8 concern basi5 15 appropriate and have consldered posslble events or conditlons that might cast slgnlflcant doubt on the ability of the charlty to continue as a going concern. The Tru5tee5 have made this assessment foi a perlod of at least one year from the date of approval of the financial 5tatemenls. The Trustees have concluded that, together with the reserves establlshed to help In such clrcumstances, there Is a Teasonable expectatlon that the charity has adequate resources to conllnue in operational existence for the foreseeable future. The charlty, therefore, contlnues to adopt the goinB concefn bas15 In preparln8 It5 financlal statements. It Is the 8oard's pollcy to reserve sufflclent fund5 to ensure the ongoSng operations of MAF UK. The reserves Include a ri5k-assessed 8ase Reserve,. during the yearthe 1Ssk element5 were reviewed, and the Boafd deeided that the comblned fund should have a target level of £3.8m. Additronally, other deslgnated fund5 may be created by the Board to help ensure MAF UK'S effectiveness. As a iegular part of the Board's work, all risk5 and reserves were reviewed, and any recommended changes have been Implemented. Details of all the deslgnated funds are set out in note 12a. Al the year-end, all the reserves were at or above the mlnlmum pollcy-level (see note 13al. The Base Reserve year-end balance of £5.395m was above the rev15ed target of £3.8m. The Board and SLT will look for mlnlstry opportunlties durlng 2023 to apply the extra funds received in 2022. The Fixed Asset C05t fund year-end balance was £526k representlng the original c05t of all flxed assets. When these reach the end of their useful life, they can be replaced using the cash element of this fund. The Board have created a UK Capaclty Fund in 2022 of £310k that can be drawn upon in future years where opportunities appear that were not foreseen in the budget process. The Board have created a Future Application Fund In 2D22 of £lm that can be drawn upon in future years where operational opportunities appear that were not foreseen In the budget process. The Board have created a National Staff Oevelopment Fund in 2022 of £2ChJk that can be used in futvre years the fund the recruitment of, and wa8es of, natlonal 5laff within operational programmes or staff from countries with no MAF re50urcing presence. The Stuart King Memorial Fund is a training fund and represent5 unspent donations raised In memory of Stuart King who sadly passed In 2020, together with the funds transferred from the designated Tralning Fund in 2021 a5 both funds served a similar purpose. The fund will be used to enable training and further training of essential staff over the coming years. At the year-end, the fund amounted to £464k (note 14al. The Internatlonal Staff restricted funds represent unspent donations that support our siaff families overseas. It Is expected that the funds will be used during the staff service period. At the year-end, such funds awnounted to £IOk. Res onsible & S in Investm ntm Tr edefjt Page 13

Mission Aviation Fellowship UK- Annual Report & Accounts 2022 Prlnclpal Risks and Uncertalntles The principal risks are assessed as those m05t impactlng on our fundraising capabllities, including.. interruptlon to gift Processing through potential catastrophe • interruption to P05tal gift income stream through industrial actlon reputatlon rlsk impact on donors and our contSnuln8 abllily to pro￿5$ gffts In a global pandemic such as Covltl-19. The steps taken to manage these risks are set out in the Risk Management section Ibelowl. The principal uncertalntie5 relatin8 to timing and volatility of various Income streams are a150 addressed by the risk management process the Board has adopted, principally by the holdlng of sufficient liquld reserves (see Reserves Pollcy above). The Trustees have considered the Impact on our various fundln8 Streams based on 2022 performance. Rlsk Management As a part of normal operation5, the Trustees are ￿sponsible for settln8 the tone and influencing the culture of risk mana8ement wlthln MAF UK. As part of dlscharglng their responslbilltles the Trustees have.. establlshed a rlsk register and rlsk management Strate8les that Identify the types of risk faced and prloritlsed them in tem15 of potentlal impact and Ilkellhood of occurrence, and the means of managln8 them. The Tlsks and rlsk management strategles are perlodically reviewed by both the Senior LeadershSp Team and the Board of Trustees. The risks are classifled Into ihe following 8rouplngs'. Reputatlon StTate8lc o Govcrnance Operational o Health and safety o Flnanclal 0 Legal establlshed a re8ular review of the adequacy of the charity's current Internal contro15. The Tru51ees are pleased to report that the charlty's Internal financlal controls conform to the guldellnes Issued by the Chlrlty Commlssion. adopted a ranBe of risk mana8ement policies, Includlng.. c Recruitment o Antl-fraud o WhistleblowlnB Confllcts of Interest (Declaratlon of Interestl o Anti-brlbery o Safe8uardln8 AII MAF UK policles are published on the MAF UK Sniranet for staff understandln8. Page 14

Mission Aviation Fellowship UK- Annual Report & Accounts 2022 Fundraisin8 Methods and Processes Approach to lundr•l$ln8 MAF UK supports the work of MAF worldwide andls committed to Sts charitable aims and funilra15e5 to see the lives of isolated people spiritually and physlcally transformed. We are a signatory to the Fundraising Regulatorfs Fundraisin8 Promise, bein8 open, honest, falr, and leBal in our approach to and deliveiy of, our fundralslnB practices. Work wlth, and oversb8ht of, any cornmer¢lal partl¢lpators and profess•onal fundraisers We do occasionally enter into thlrd party contracts for fundraising prornotion (not fundraising itself). We have contracts in place and full control and signing off for any communications that are used foi these particular campans. Fundraisln8 confomilng to reco8nlsed standards We a￿ a member of the Fundraisin8 Regulator, adhere to the Fundralslng Standards and afe a s18natory to the Fundra15ing Preference Servlce. It also means OUT supporters have a slmple and transparent process that can help us deal with any complaints qubckly and easilv. Monltorlng of fundrnlslng carrled out on its behalf We have a member of staff who 15 responslble for overseelng communlty fundralslng and supportlnglmonllorlng the people that are ralsing money for us. We a150 have a team of volunteers that are involved in fvndraisln8 for u5, they go through an Intervlew programme, have a role descriptlon, slgn up to code of conduct, recelve training, have annual update conferences, have organlsatlonal emalls, and are manaBed and supported through a management structure. Fundralslng complalnts We have a section on our webslte explalning our Fundralsln8 Promlse and complalnts process fund in This Is Ilnked to the Fundralslng Re8ulatOT and gives our supporters an easy, clear and transparent way of deallng wlth any complalnts. Prolectlon of the publlc, Includlnivulnerablé pople,from unreason•blylntru$lve or perslstentlundralsln8 Ipproaches, and undue pressure to donate We take our communications and fundralsing responsibilities seriously. Actk)ns Include belng reglstered wlth the Fundralsin6 Preference Servlce, havin8 appropriate pollcles to cover data protectlon, ethical fundralsln8 and our approach to fundraisin8 and calls to action. We also make sure relevant staff are confldent and equipped for speakln8 to and dealing with vulnerable people. All ouf communlcatlons are clear and transparent, and we alway5 give an option to change what any person receives from us, The complaints recelved have been summarised below.. Type Incorrect salutation 2022 2021 Too much mail recelved Too many financial "asks" Claritylfont size used Content presentation 15 13 35 Total 21 53 Total mailin85 351.505 436,562 Page 15

Mi55ion Aviation Fellowship UK- Annual Report & Accounts 2022 Structure, Governance and Management Governing Document MAF UK is a charitable Company limited by guarantee and a registered charity. It is governed by the Artic￿5 dated 15 September 1997 and revised in April 2015. In the event of the company belng wound up, members are required to contribute an amount not exceeding £10. Appointment ol Trustees The Trustee5 are elected by the Board. The number of Trustees may not be le55 than three bul is not subject to a maximum. Trustees are elected for 3-year terms, up to a maxlmum of nine consecutive years. Board declslons are made by majority vote. The number of Member5 may not be les5 than two. The Trustees are also the Members. Trustee Indurtlon and Trainlng In the Trustee inductlon programme, new Trustees are provided wlth the Artlcles and recent annual and management accosjnts a5 well a5 a copy of CC3 The Essentlol Trustee. They are fequlred lo attend a series of meellng5 and dlscusslon5 wlth the Chalr, Chief Executlve and others to learn more about the work and how MAF UK operates. Organ15atlonal Strurture Usually, the Tru5tee5 meet at least four tlmes a year and are responslble for the strategic direction and good governance of the charity. To ensure good governance and to maximlse Board skS115, the followln8 subcommltlees have been established.. Flnance and Rlsk Subcommlttee Fundraisln8 and Communicatlons Subcommittee People and Prayer Subcommlttee The Board approves an annual operatlonal bud8et which set5 OLIt Income tar8ets and expendlture Ilmlt5. Wlthin the bud8ei, the day-to-day responsibility for the charitvs operations is Ilele8ated to the Chief Executlve and the Senlor Leadership Team (listed a5 Key Management Personnel on page 191. Govefn•nce As recorded last year. the Board planned to have a further external revlew of Board effectiveness durlng late 2022 01 early 2023. This was not possible In 2022 50 wlll be planned for 2023. 5afegu¥rdln8 MAF UK Is commltted to provldln8 a safe and trusted environment for staff, volunteer5, and beneflclaries. The oiganisation require5 the highest ethical and moral standard5 from all our staff and takes mlsconduct serlously. We have a number of policies wlth which all staff must cornply. These include a code of Conduct, child safetyi bullying and harassment, data protection, and privacy and equal opportunitles polbcles. Remuneratlon Pallcy MAF UK Is a tharitable Chr15tian misslon organlsatlon and as such aims to balance care of staff wlth stewardshlp of the resources entrusted to It. In line with these alms, MAF UK strfves to set salaries falrly and comparable to the charity sector while malntalnin8 Its abllity to attract and retain the right skills, experience nd expertise to achieve the mission. Each UK post Is evaluated by a job 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 Brade and the points awarded for those jobs. Page 16

Mission Aviation Fellowship UK- Annual Report & Accounts 2022 All salaries are perlodlcally benchmarked using a commercial provider of salary data and mea5UTed against: comparable jobs and organisations in our region market matching basic salaries between the lower quartile and median organisation5 Wlth an annual turnover of between £IOM to £50M The General PayAward Is consldered each year and Is primarily dependent on the income of the organisation nd ensuringthat funding to MAF International operations is not adversely impacted. The General Pay Award is based on a range of indices, such as the Retail Price Index, Consumer Price Index, and a comparison wlth what other5 are doing regarding salary rises In the third sector. The MAF LJK Board are responsible for approvin8 the budget and this includes the recommendation for the General Pay Award. MAF UK'S Senlor Leader5hlp Team slts wlthln the framework of the UK salary structure as set out as above. The MAF UK Board agrees on the salary for the Chief Executive. No bonuse5 are paid to any member of staff. The pension provision for the Chief Executlve and Senior Leadershlp Team are on the same teims as other employees. Related Partles M15sioTh Aviation Fellowshlp UK Is a mernber of MAF International, whlch Is an associatlon of operational and resourcing MAF groups around the world lexcludln8 North Amerlcal. Mlssion Avlatlon Fellowship International Is the operational arm of MAF International, to which all opeiational a55ets were transferred by the resourcln8 groups. The central management of all the programmes enables better efflclency in terms of asset deployment and the standardlsatlon of training and safety standard5. Mission Aviation Fellowship UK'S oversea5 Staff are seconded to M155ion Aviation Fellowshlp Internatlonal and all funds ralsed for operatlonal proBramme5 are passed to Mi5slon Avlation Fellowshlp International. Mlsslon Avbatlon Fellowshlp UK ha5 One subsldiary whlch 15 dormant. Apart from the natural transactlons wlth other MAFS, there were no related party transactions. Internal Contro15 The Trustee5 have overall responslblllty for ensurlng that the charity has an appropriate system of controls, flnanclal and otherwise. They are also responsible for 5afeBuardlng the assets of the charlty and hence for takin8 reasonable steps for the preventlon and detection of fraud and other irregularltles, and to provide reasonable assurance that.. the charlty Is operatlng efficlently and effectlvety it5 assets are safe8UaTded against unauthorised use or disposltion proper records are maintalned, and flnanclal Information used wlthln the charfty or for publicatlon Is reliable the charity complles wlth relevant laws and regulatlons. The system5 of internal control are deslgned to provide reasonable, but not absolute, a55urance against material misstatement or loss. They iftclude.. a strate8lc plan and an annual budget approved by the Tiustees regular consideratlon by the Trustees of flnanclal results, variances from budBets and non-flnancial performance indicators delegation of authorlty and segregation of dutles Identiflcation and management of risks annual completlon of ihe Charity Commlsslon's Internol FlnoncAuI Controlsfor Charities Checklist Trustee5' Responslbllltles In RelatSon tg the Flnanclal Statement5 The Trusiees are responsible for preparin8 the annual report and thefinancial statements in accordance with applicable law and United Kin8dom Accountin8 Standards (United Kin8dom Generally Accepted Accounting Practice). Page17

Mission Avlation Fellowship LIK- Annual Report & Accounts 2022 Company law requires the Trustees to Prepare financial statements for each ftnanclal year which give a true and fair view of the state of the affalrs of the charltable company and of its income and expendbture for that period. In preparing these financial statements, the Trustees are required to.. select 5Ultable accounting policie5 and then apply them con515tently make judgments and estlmates that are reasonable and prudent state whether appllcable accounting standards. including FRS 102, have been followed, subject to any mèterial departures disclosed and explalned Sn the financial statemenis state whether a Statement of Recommended Practice ISORPI applie5 and has been followed, subject to ny materlal departures whith are explalned in the financial statements prepare the financial statements on the golng contern bas15 unless It Is Inappropriate to presume that the charlty will contlnue In business. The Trustees are responsible for keeplng adequate accountln8 records that show and explain the charlttys transactlons, db5close wlth reasonable accuracy at any time the financlal position of the charity, and enable them to ensure that the financlal statement5 comply with the Companies Act 2C#J6. They are also responsible for safeguarding the assets of the charlty and hènce for taklng reasonable steps for the prevention and detection of fraud and other Irregularltles. Flnanclal statement5 are published on the charity's webslte In accordance with leglslatlon in the united Kingdom governing the preparation and d155emlnation of financlal statements, whlch may vary from legislation In otherlurlsdlctlcns. The malntenance and Integrlty of the group's website Is the responsiblllty of the Trustees. The Trustees, fespon5ibility also extends to the on-goin8 inte8rlty of the flnanclal statement5 tontalned thereSn. Prov151on of Informatlon to Audltors In the case of each of the persons who are Trustees at the tlme when the Trustee5' report Is approved. the following applies.. so far as the Trustees are aware, there Is no relevant audlt Informatlon of whlch the company'5 audltors are unaware the Trustees have taken all the steps that they ought to have taken as Trustee5 In order to make themselves aware of any relevant audlt information and to establish that the company's auditors are aware of that informatlon. Pège 18

Mission Aviation Fellowship UK- Annual Report & Account$ 2022 Legal and Admlnlstratlve Informatlon Trustees and Members Ithe Trustees are also Members) Name Oates Subcommlttee Membershl Matthew Burton FCCACTA MRICS Andrew Hawkins MA (Honsl Carl Knight Max Gove MA Ann Saunders BA Hons Oxon FCIPD Richard Jones FCMA BSC (Honsl Steve Osei-mensah ACIB FIOD CDir BS11 Lowe Chair Fundralsing and Communicatlons Fundraisin8 and Communication5 Prayer and People Prayer and People Finance and Risk Finance and Rlsk Finance and Rlsk Fundralslng and Communlcatlons Company Inft>rmatlon Company number.. 3437446 Date of Incorporailon: 16 September 1997 Reglstered charlty in England and Wales110645981 and In Scotland15C0391071 Registered Office and Principal Address: I" Floor, Castle House, Castle Hlll Avenue, Folkestone CT20 2TQ Webslte.. WwW.maf-uk￿t4 Key Man•8ement Personnel Chief Executlve (to 31 October 20221 Chief Executlve (from 20 February 20231 Head of Flnance Head of HR Head of MarketlnB and Fundralsing Head of Communicatlons Head of Phllanihropy and Partnershlps Ruth Whitaker BEn8 (Honsl FAAeSoc Donovan Palmer Alex Flnlow FCA Msc Davld Leek Chartered MCIPD Mike Fagg Vivienne Patt150n BA (Honsl All Chambers 8A (Honsl GGSM Our Adv15ers Auditor5 Bankers Moore Klngston Smith LLP National Westmlnster Bank PIC Edward Connor Sollcitors 9 Appold Street, London, EC2A 2AP Europa House. 49 Sandgate Road, Folke5tone, CT20 IRU 10 The Polnt, Market Harborough, LE16 7QU Solicitors The Trustees Report and the Striteglc Report were approved by the Board and authorlsed for issue on 20 Aprll 2023. Matthe rton Ichalrmanl Page 19

Mlssion Avibtion Fellowship UK- Annual RepDrt & Account5 2022 INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES AND MEMBERS OF MISSION AVIATION FELLOWSHIP UK Oplnlon We have audited the financlal statements of Mlssion Avlation Fellowship UK I'the companVI for the year ended 31 December 2022 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, Including significant accountln8 policie5. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards. includbng FRS 102 The Financlal Reportin8 Standard Appllcable In the UK and Republlc of Ireland, lun￿ed Klngdom Generally Accepted Accounting Practice). In our oplnlon the flnancial statements.. glve a true and fair view of the state of the charitable company's affairs as at 31 Oe¢ember 2022 and of It5 incoming resources and application of resources, includlng its income and expendlture, for the year then ended,. have been properly prepared in accordance whh Unlted Klngdorn Generally Accepted Accountlng Practlce. and have been prepared in atcordance with the Companles Act 2006, the Charltie5 and Trustee Investment (Scotlandl Act 2005 las arnendedl, regulations 6 and 8 of the Charitie5 Accounts 15cotlandl Regulatlons 2006 las amended) and the Charities Act 2011. B4s1s for oplnlon We conducted our audit In accordance wlth Internatlonal Standards on Audr¢ing IUKI IISAS IUKII and appllcable law. Oui responslbllities under those standards are further descrlbed In the Audltoe5 Respon5ibilitie5 for the audit of the financial statements section of our report. We are Independent of the charltable company In accordance wlth the ethical requlrement5 that are relevant to ouraudit of the flnancial statements in the UK, including the FRCS Ethical Standard, and we have fulfllled our other ethical respcnsibilltles in accordance wlth these requirements. We belleve that the audit evldence we have obtained Is sufficlent and approprlate to provide a basis for our opinion. Conclu51ons relatln8 to 8olng concern In audltlng the flnanclal statements, we have concluded that the tru5tees' use of the golng concern basis of accounting in the preparatlon of the financial statements Is appropriate. Based on the work we have performed, we have not Identified any materlal uncertainties relatlng to events or conditions that, Individually or collectivelyi may cast significant doubt on the charitable company's ability to tontinue as 3 8olng concern for a period of at least twelve months fiom when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees wlth respect to going concern are described in the relevant Sections of thls report. other inforrnatlon The other information comprises the Information intluded in the annual report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information Page 20

Mi55ion Aviation Fellowship UK Annual 8eport & Accounts 2022 contained wtthln the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated Sn our report, we do not express any form of assurance conclusion thereon. Our responsibilityls to read the other Information and. in doing so, consider whether the other information Is materially inconsistent with the financbal statements or our knowledBe obtaineil in the course of the audlt or othenvise appears to be Material￿ misstated. If we Sdeniify such materlal inconslstencies or apparent material mlsstatements, we are required to determlne whethei there is a material mi55t3tement in the financlal statements themselves. If, based on the work we have performed, we conclude that there Is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Oplnlons on other matter5 prescrlbed by the Comp4nles Art 2006 In our opinlon, based on the work undertaken in the course of the audit.. the Information given In the strategic report and the trustees, annual report for the financlal year for whlch the financial statements are prepared is consistent wlth the flnancial statements,. and the strateglc report and the t¥U5tees' annual report have been prepared in accordance with applicable legal requlrements. Matter5 on whlch we are requlred to report by exceptlon In the118hi of the knowledge and understandlng of the company and Its environment obièined in the course of the audit, we have not identified material misstatements in the strategic report or the trustees, annual report. We have nothlnB lo report In respect of the following matters where the Companles Act 2006 requlres us to report to you if, In our oplnlon.. adequate accountin8 records have not been kept, or return5 adequate for our audlt have not been recelved from branches not vlslted by us,. or the flnanclal statements are not In a8reement wlth the accountlng records and returns,. or certain di5c105ures of trustees. remuneration specified by law are not made. or we have not recelved all the information and explanation5 we requlre for our audit. Responslbllitles of trustee$ As explained more fully in the trustees, respon5ibilitles statement set out on page 17, the trustees Iwho are also the dlrectors of the charltable company for the purpose5 of company lawl are responsible for the preparation of the financial statement5 and for being satisfied that they give a true and falr vlew, and for such internal control as the trustee5 determine is necessaryto enable the preparation of financial statement5 that are free from materlal misstatement, whether due to fraud or error. In preparing the financial statements. the trustees are responsible for assessing the charitable companws Ibility to contlnue as a going concern, disc105inB, as applicable, matters related to 80ing concern and u51ng the 80in8 wncern basi5 of accountin8 unless the tfustees esther intend to1SquSdate the charitable company or to cease operations, or have no realistic alternative but to do so. Page21

Mission Aviation Fellowship UK- Annual Report & Accounts 2022 Audhorfs Re5ponslbllltles for the audit of the financlal statements We have been appolnted as auditor under Section 44llllcl of the Charities and Trustee Investment (Scotlandl Act 2005, the Companies Att 2(X)6 and Section 151 of the Charities Act 2011 and report to you in iccordance with regulations made under those Acts. Our objectives are to obtain reasonable assurance about whether the financlal statements as a whole are free from malerlal mlsstatement, whether due to fraud or error, and to issue an audltor's report that includes oui opinion. Reasonable assurance is a high level of 35surance, but 15 not a 8uarantee that an audit conducted in accordance with ISAS IUKI will always detect a mateiial mlsstatement when It exlst5. Misstatements can arlse from fraud or error and are considered material rf, individually or In aggregate, they could reasonablv be expeded to influence the economic decision5 of users taken on the basis of these flnanclal statements. As part of an audit In accordance with ISAS IUKI we exercise profe55i0nal Judgement and rnalntaln profe55ional 5cepliclsm throughout the audlt. We also: Identlfy and asse55 the rlsks of materlal mlsstatement of the flnanclal statement5, whether due to fraud or error, design and perform audlt procedure5 responsive to those risks, and obtain audlt evidence that15 sufficient and approprlate to provide a bas15 for our oplnlon. The rlsk of not detectlng a material mi5Statement resultlng from fraud Is hlgher than for one resuliing from error, as fraud may Involve colluslon, forgery, Intentlonal omisslons, misrepresentations, or the overrlde of internal control. Obtain an understandlng of Internal tontrol relevant to the audlt In order to deslgn audlt procedures that are approprlate In the clrcumstances, but not for the purp05e5 of expressing an oplnlon on the effectiveness of the charitable company's Internal control. Evaluate the appropriateness of accountin8 policies used and the reasonableness of accountlng eslimales and related disclosures made by the trustees. Conclude on the appropriateness of the iru5tee5' use of the going concern bas15 of accounting and, based on the audit evbdence obtalned, whether a materlal uncertainty exists related to event5 or condition5 that may cast Si8nificant doubt on the charltable company'5 abillty to contlnue as a golng concern. If we conclude that a materlal uncertalnty exlsts, we are requlred to draw attention in our auditorfs report to the related disclosures In the financial statements or, If such dis¢105ures are Inadeqtsate, to modify our oplnion. Our conclusions are based on the audit evldence obtalned up to the date of our audltorfs report. However, future events or condltlons may cause the charitable company to cease to contlnue as a going concern. Evaluate the overall presentation, structure and content of the financlal statements. Including the disclosures, and whether the financial statements represent the underlyin8 tran5action5 and events Sn a manner that achieve5 fair presentation. We communlcate with those charged with governance regarding. amon8 Other matter5, the planned scope and timing of the audit and significant audit finding5, including any slgnificant deficiencie5 in internal control that we Identify during our audlt. Page 22

Mission Aviation Fellowship UK- Annual Report & Accounts 2022 Explanation asto what extent the audit wasconsldered capable of detectlng Irregularltles, Includlng fraud Irregularities, Inclutllng fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities. outllned above, to detect materlal mlsstatemenis in respect of Irregulaiities. including fraud. The extent to which our procedures are capable of detecting Irregularities, including fraud is detailed below. The objectives of our audtt in respect of fraud, are,. to identify and assess the risks of material mi5Statement of the financial statements due to fraud,. to obtaln sufficient approprlate audlt evidence regarding the assessed ilsks of materlal misstatement due io fraud, through designing and Implementing appropriate responses to those assessed rlsks,. and to respond appropriately to Instances of fraud or suspected fraud Identified during the audit. However, the prlmary re5ponslbility for ihe prevention and detection of fraud rest5 Wlth both management and those chaTBed with governance of the charitable companv. Our approach was as follows: We obtalned an under5tandlng of the legal and regulatory requirements applicable to the charitable company and considered that the most s18nlflcant are the Companle5 Act 2006, the Charitles Act 2011, the Charlty SORP, the Charities and Trustee Investment1Scotlandl Act 2005 las amendedl, re8ulaiions 6 and 8 of the Charities Accounts (Scotlandl Re8ulatlon$ 2W6 las amended) and UK flnancial reporting Standards as155ued by the Flnanclal Reporting Councll. We obtalned in understandlng of how the charltable company complles wlth these requlrements by dlstusslons wlth management and those charged wlth governance. We a55essed the rlsk of material misstatement of the flnanclal statements. includlng the risk of material misstatement due to fraud and how It might occur, by holdlng dlscusslons wlth management and Ihose charged wlth governance. We Inqulred of mana8ernent and those char8ed wlth governance a5 to any known Instances of non- compllance or suspected non-compllance wlth law5 and regulations. Based on this understandingi we designed specific appropriate audlt procedures to identify Instances of non-tompllance wlth laws and regulatlons. Thls included makin8 enqulrles of managernent and those charBed wlth governance and obtaining additlonal corroborative evidence as required. There are inherent Ilmltatlons In the audlt procedures descrlbed above. We are less likely to become aware of instances of non-compliance with laws and regulations ihat are not closely related io events and transactlons reflected in the financial staternent5. Also, the risk of not detecting a materlal mlsstaternent due to fraud is hi8her than the risk of not detectin8 one re5ultin8 from error, as fraud may involve deliberate concealment by, for example, forgery or Intentlonal misrepresentatlons, or through collu510n. Use of our report This report Is made 501ely to the charitable company's members, a5 a body, In accordance with Chapter 3 of Part 16 of the Companies Act 2006,. and to the charitls trustees, as a body, In accordance with Section 441lllcl of the Charitie5 and Trustee Investment (Scotlandl Act 2005, and in respect of the financial statements, in accoTd3nce with Chapter 3 of Part 8 of the Charities Act 2011. Our audit wtsrk has been undertaken so that we might state to the company's members those matter5 we are required to state to them in an auditorfs report and for no other purpose. To the fullest extent permitted by law, we do not accept PagÈ23

Mission Avlatlon Fellowship UK- Annual Report & Account5 2022 or assume responsibility to any party otherthan the charitable company and charitable company's members a$ a body, for our audit work, for thls report, orfor the opinlons we have fomied. J.A LLP Date...24.April.2Q2.a........ Nell Flnlayson ISenSor Ststutory Audltor) for arnd on behalf of Moore Kln8ston Smith LLP, Statutory Audltor 9 Appold Street, London. EC2A 2AP Moore Klngston Smlth LLP Is elwble io •rt as audltor In terms of Sectlon 1212 of the Companles Act 2006. Page 24

Mission Avlotlon Fellowship UKAnnuol Report& Accounts 2022 Compt7ny Number3437446 Statement of Flnanclal Acllvltlgs (Incorpor￿ting Income ond EKpendlture Accountl forthe yearended 31 Dttrnber2022 2021 2021 Unrestricted funds £000 Restricted funds £000 Total Unrestricted Restricted funds funds funds £0 £000 Total funds £000 Income from- Donatlons and le8acles 2alb 11,380 4.531 15,911 10,734 3.041 13,775 Investments and Interest 12 12 Total 11,440 4,531 IS,971 10.746 3,041 13,787 Eyoendltur on.. Ra15Ing funds 2,161 2,161 2,124 2,124 Charltable actSvltle5 9,800 5,161 14.961 7,999 2,475 10,474 Total 4alb 11,961 5.161 17,122 10,12J 2.475 12.598 N•t Incomel lexp•ndlturel b•for• In¥¢$tm*nt 8•lns Gain5 OTr revaluation of inveslmenis Net Iniom• I le¥pendltur•l before tr•nsf•rs 15211 1630 11.1511 623 566 1,189 li li 15101 16301 11.1401 613 1.189 Tr•n$lers between funds N•1 movem•nt In lunds 13• 41 1671 2601 363 260 826 1469 1,140 1.189 R•con¢lllat5on of Funds Total funds brought lorward 131 7.910 1,145 9.055 7,547 319 7.866 Total fund5 carried fonvard 130 YN41 474 7,915 7,910 1,145 9,055 All of the above results are derived from continulng actlvltles. All 8ains and IossÈ5 recognlsed In the year are included above. The n¢te5 on pa8e5 28 to 37 fomi an Inte8fal partof these finin£ial statement5. P3ge 25

MlsslonAvlarion Ftllowshlp UKAnntsJl Report & Accounts 2022 Compony Alumber3437446 Balance Sheet Istutemenr of FlnonclolPositlonl Is at 31 Decemb•r 2022 2022 2021 Unrestrictsd funds £000 Restrlcted funds £000 Totsl Unrestrlrted Re5111cted funds lunds funds £000 £000 Totsl fund5 £000 Not• Flxed A55et5 Tan85ble Flxed Assets F￿ed Asset Investments 48 1,026 48 1.026 83 83 Totsl 1,074 1,074 83 Curr•nt •ss•ts Debtors Short term deposlts Cash at bank and In hand 1,443 4,000 2,172 1,443 4,000 2,646 1,685 1,685 4,000 3,875 474 2,730 1,145 Totsl curr•nt •ll•ti 474 8.089 8A15 9,560 U•bllltl•J Credltors., Amounts fallln8 due wlthln one year 11,2481 11,2481 15881 1588 N•t curr•nt •M•ti 6,367 474 6yI 7,827 1,145 8,972 Totil ass•ts les5 7,441 474 7,915 1,145 9,055 Total not all$ 7A41 474 7.915 7.910 1,145 9.055 Th• funds olth•tharfty: 8ase ReseTh• Other desl8nated funds Iwb Totel unr•strlEted Income fvnds 5,394 2,047 5,394 2.047 7,390 520 7.390 520 7A4J 7,441 7.910 7.910 Remrlrted Incom¢ funds 14alb 474 474 1,145 1,145 Total Fun 7,441 474 7,915 7,910 1,145 9.055 Approved byth¢ 8oard th120AprS12D23 and $18n8d on Its behatfbv.. Matthew Burton Ch•1m￿n The notes on pa8es 28 to 37form an lThte8ial partof these flnancl31 statmÈnts. Page 26

Misskon Aviutlon Fellowship UKAnnuttl Report& Accounts 2022 Compony Ntsmher3437446 Cash Flow 51atement lor the year ended 310¢(embef 2022 2022 zozi Not• llerwclll•tlon ol net IrKom•l l•xpenthtur•l to n•t ￿$hI1¢￿ from opet•tlni •rtl¥ltle$ £000 £000 Net lexpenditurell Incomè for the yeor ILISI 1.189 Ad￿SEmentS for.. Oepreciatlon char8es In¥e5tThent incorneand Inierest recdvabl¢ Goln5 on Investments L05$11profitl on saleof fixed assets 41 43 li Decreaselllncreasel In debtors Increè5e in Credbtors 242 660 io 172 Net cash lu¥ed Inl Iprovlded by operatln8a¢tlvitle5 12571 614 $t•t•rnefit ¢lushfi Cash flow5 from operatin8 artMtIE5'. Net uih luied Inll provlded by op•r•tlni4¢tMtI 12571 614 Jh flowsfrom Investlni actbvltln: Inve$tmont Incorne and Interest le￿1vable Transfer frorn Investrnents Proceeds Irorn the sale of fixed assets PyrEhase of flmed assets N•1 uih PrO￿ded byl luied In I Irb¥•itlni I￿￿1[ 11,0321 IY721 1761 1641 In ush andu•h e4ul¥ilqnts the ya•r 11,2291 550 Cash and ush t4ul¥alents ai the be8lnt)Ingof theyear 7,875 7.325 Cash and ush eqLAV•1￿t¥ •1 the endof theye•r 7175 Analpls of th•nw In n•tfvnd5 lJanu•rv t•5h 31 Oewnb 2011 2022 £mo Short term depos￿5 Cash at bank and in hand 4,OlXI 3,875 7.B7S 4.mo 2,646 6,646 11,Z291 11,2291 The rnotes on pa8es 28tu 37 form an integral part olthe5e financlal 5tatement5. page 27

i55ion AviJtion Fellowship UKAnnuol Report & Accounts 2022 Notes to the Flnandal Statements fortheyearended 31 December IOIZ l Accountlng polklB5 Basis ol preparation These financlal sta¢ement5 are prep0￿d on a golng concern basis, under the historl£al cost convention, with the exceptlon of investments which are Included at markei value, They are prepared in sterlln8 whlch 15 the functional currency of thE Charlty. Monetèryamounts In the accounts are rountled to the nearest thousand. The financial statements have been prEpored in ac£ordance wlth thÈ Financial ReportlnK Standard appllcable In the UK and Republic ol Ireland IFRS 1021. The Chjritable Cornpany Is a publlc bèneflt entity fN the purposes of FRS 102 therefore the Charityalso prepared it5 flnancial statements In accordance wlth the Statement of Recommended Practice app11cable to charities preparln8 thÈir iccounts in accoldance wlth the Financlal Reportlng Standard applicable In the UK and Republic of Ireland lThe FRS 102 Charlties SORPI. the Companles Act 2006, the Charltles Art 2011 and Charlties Account$15cotlandl Re8ulatlons 2006 os arnended by The ChèfltlesAccount5 Iscotlèndl Amendment (No 21 ReKulatiOn5 2014. The trustees have a55e55ed whether the use of thÈ 8olng concefn basls is approprlate and have con51dered possible events or condltions that mliht cast 518nlflcant doubt on the abillty of the chèrlty to continue J5 a Kolng concern. The trustee5 hove made thls •sses5rnent for a perlod of at least one year from the dale ol approval of the financial statements. The Trusteés and the 5enlor Leader5hlp Team have revlewed all bud8ets and expected income and eMpendltu¥e projection5 and haye concluded thot, 108ether wilh the re5erve5 e5tabllshed to help In such clrcurnstances, there Is a reasonable expectaton thot the charlty has adequate resources to contlnue operètlonal exlstence for the foreseeable future. The charity therefore contlnue5 to adopi the 8oin6 concern tsa￿$ In preparSng Its Ilnancial statements. The prlnclpal accountln8 pollcles adopted in the prewratlon of the Iln•nclal stèternents are Set out below. Fynd accotsntlni The rharlty malntalns three types ol fund. General unrestrlcted funds18a5e Re5er¥el ore èvailible lor use •t the d15crellon of the Trustees In furtherance of the 8eneral charlt4ble oblettive5. Designated unrestrlcted fund5 are monie5 set aslde by the Trustees from uniestrlcted lundln¥ for speciflc purpose5. Restricted funds are funds subject to specfflc condltions Imposed by donors. Inuxn• All Incorne Is recoin15ed when there Is ent11￿MeTht to the fvnd5. the ￿elp1 Is probable and the 4mount c•n be measured Le8atles are reco8nlsed fcllowln8 probate and once ihere15 sufflcleni evldence that receipt Is probable and the amount of the leBacy receivable can be meosured rellably. Where entltlement to a leiacy exists thert is uncertalnty as to its recelpt or the amount recelvable, deta515 are dlsclosed as a tontlThgent asset unt51 the triterio for Income reco8nifion are rnet. Gov¢rnm•nt tr•nts Income frLYn iovernment or other 8raTrts, whtther'ripltal. grants or'revenue, 8rints, 15 reco8n15ed when the charlty has entltlernent to the funds, any performance condltlons gttached to the Brants ha5 been met, It Is probable th•t the Income wlll be received, the amDUnt can be measured rellably and is not deferred. EKpendtt¥re Llablllties are recoÉni5ed once there Is a legal or congtructive obll8ation to transfer economic beneflt to a rhlrd party. ￿15 probable thit a transfer of economlc beneflt5 wlll be requlred in settloment and the arnount of the obliiation can be meèsured reliably. All expenditure is èciounted for en an ac¢rual$ bbsls and has been classifled under headings that I￿re￿ale all related c05tsto the category. The followlng specific pollcle5 apply to cate8ors of eipenditure.. R•lsing fvnd5 RaI￿n8 funds comprises all servlce5 5upplled centrally Identifiable as wholly or malnly In the support of 8eneraJng Income for this and future periods, and includes a proportion of tentral overhead, support at)d governance costs. Charltable act￿li1e$ Charitable activities includes all costs associated with our internatlonal staff (based o¥er*as1, dlreEt18rantsl and indirect costs of our over5eè5 operations, and the t05ts a550Cllted wlth Informing and educating our Supporters here in the UK about our worL and includes a proportion of central overhead, support and 8o¥ernance CD5ts. Page 28

MissionAviotion Fellowship UKAnnutsl Report & Accounts 2022 Notes tothe Finandal Statements for the year ended 31 December 2022 Support C0515 5tsppt)rt Costs include functlons such as eeneral mana8ernent, inlorrnitlon technolo8y and human res(KJrEe5. To8ethw with 80vernance c05tS they ère allocated between the cost of ra45ing funds and charltable actlvltles, as shown in note4alb. Qiti¢•l xcountlng estlmate5 and •rea5 of ludgemettt In the vlew of the Trustees In èpplying the accounting pdicies adopted, no lud@ement5 were requlred that have a 51gnlficant effect on the amounts reeoini5ed in the financial st•ternents nor do any estlm•tes or assumptlons rnade carry a s18nific¥nt rlsk of Material adjustment irt the next financial Veèr. ForelKn £uNencles Foreign currencle5 have been translated to sterlln8 asfollow5', Current assets and liabilities raie as ot 310etember Other amounts rate at tlme of transaction All differences are charged to the SOFA- 2022..£lk,12021".E5kl. T•n￿bIl fix•d 155•ts and deprtd•tlo Asset5 w+th a useful economlc life of MO￿ thon one year ond a value In excess of £750 are c•plta115td. Depreclatlon on issets Is caleulated as follows.. Equlpment and vehlcles., chèried to wrlte off the expendlture over Its expected useful Ilfe at 33.33% of the cost per annum. There15 ienerally expected to be no mèteri•l resldu•l value when ihe a$5et5 are replaced. Cash and ¢a5h equlvalents Include cash In hond, deposits held It coll with bank$, other 5hort-term Ilquld Investments wlth orlalnal maturitle5 of leo days or le55, and bank D¥erdr•fts. Oeposlts with maiurlty ¥reater than IW day5 from the year end are clissifled w4thln Investments. Fln•n£lal InJtrum•nts The ch•dty has elected ¢0 apply the prov151ons of Sectlon 11 '8isk Flnanclal Instruments, and 5e¢tlon 12 '0ther Financijl In$trurnent5155ues' ol FRS 102 to all of Its flnanclal Instrurnents. Flnanclal Instrument5 are recogn15ed In the charlty's balance sheet when the charily becomes party to the contractual provlslons of the In5trurnent. Flnan¢lal asset5 and liatrAllties are offset. wlth the net amounts presented In the flnancial statement5, when there Is a le¥allyenforceable rliht to set oll the recognised amounts and there Is an intentlon to Settle on net basls or to reallse the 055et and settle thÈ Ilability 51multaneously. Wlth the exceptlons ol prepayments and dEferred income all other debtor and credltgr balances are con51dered to be ba51c finènclal Instrument5 under FRS 102. Set notes 9 and 10 for the debtof and creditor note5. Operatln6 l¢•ses Renta15 applicoble to gperatlni lease5 are charged tothe SOFA overthe period In whlch the Cost Is incurred. Pensions MAF UK operates a LOX non-contrlbutory deflned conrrlbutlon 5cherne for Its ernployees. The Contribut￿￿5 ère paid Monthly as they fall due. The expense to actlvlty allocatlon matches the wo8e to activity allocètiofi. Pensions costs ère treated as unre5trlcted unless a specif1£ re5trlcted 8lft was recelved forthat purp05E. Tran￿*15 betw••n lunds Tran5fer5 between the Bose Reserve and other designated funds ale in line wth the poli¢ie5 a5 Set out In k)otE 121. Page 29

Mission Avirjtlon Fellowship UK Annuol Report & Accounts 2022 Notes to the F5nanclal Statement$ forthe year ended 31 December 2022 Unrestricted Restricted 2022 £000 £000 £000 £000 20 Donètions Individuals (non legacies) Churches 5,366 3,413 8,779 450 282 732 Trusts 534 547 1,081 Companies 130 233 363 Other Governments 22 Governments 22 22 Other 20 25 45 Legades 4,880 4,889 15,911 11.380 4,531 2b Unre5trlcted Restrltted 2021 £000 £000 £000 Indlvlduals Inon legacie51 Churches 5,783 1,181 6,964 376 323 699 Try5tS 363 820 1,183 Companle5 80 158 238 Other Governments 16 22 Governments 16 22 38 Other li 37 48 Le8acies 4.105 5LN) 4,605 10,734 3,041 13,775 3 Investm•nts and Interest Investment Income 15 Interest receivable 45 2022 60 Investment income Interest receivable 12 2021 12 Page 30

F¢lltswship LIXAnnu0lRep￿ta A¢¢ount$202d Not•st• th¢ Fin•no•l St4temem¥ fortheye•rended 2022 Jb-total 01t￿lled 2011 EApindkuw• •4TrnElunds VolJnt4ryinu>rne Oonty a(quiSit￿n £coo I￿98 368 160 1.756 405 157 2.161 480 855 1,735 174 Ir4nts', rwlir Bf•nti.' one4) restricted tundlni 5,473 1.7L3 5,473 549 6,022 ¥Bll5 4,738 12.645 172 4,3 4,3L 431 OvETS015QPElallons 7,186 11,491 1,153 Inlormitlon4nd •dy¢•ikh 370 370 37 4D7 8,436 5.161 13,S97 14,961 ppwtwiii 1.537 1,537 14 él5￿J￿tM•nls0n￿yOt 110n￿￿{le1JQnlI￿)l Govern•nce 14 24 7,0fj3 InstttutbDnil Bianls tot4lNnB E7.C63,ofpJ12011.. £5,561,￿1 wv• m4de djil￿thEyeOr tDMAF Inlimonal Ltd. GEtbpral Piemlses SUppDrt￿th Ir￿dI.. Geneiil miniomeni solalthDtloTr AppurVDnEd prcporiionately •tlOJ>W5t headlny iellectlnlc￿t effoltlis ibovel Unrestrkted Appurlloned RDlilwlur Valuntry Incorn• Dwor Kqulsltlty 1,544 356 356 42 39B 2,114 224 Ch•rii•bl••uhkn'. 856 758 1,966 lintl'. retyl¥ 4.960 720 4.960 720 85 1,759 8.110 5,6BO 7,253 B57 lrtfm•iion educa￿on 356 356 42 JY8 6.892 2,475 9.367 I,ID7 10,474 5uppJrtc¢Jti 1.312 1,31P rryst¢e¢mwlondmeetin4S Authr Go¥ffNnce 19 19 10.123 2.475 12,S98 12.598 er5•a50pEfallons yants 5.561 Supwtcokn¢tyJdE: Genef•l Information technol 168 Premlyes Total ment 37E Re3ouf<es 249 142 377

MlssioftAvitttloft Fellowship UKAnnuol fle￿rt & Accounts 2022 Notes tothe FInanc￿l ststqfflent5 for the year ended 31 December2012 2021 2021 Net IncomellExpendlturel Th1$15 Stated aft•rchar6ln8'. Depreciatlon Note £0 £ CKJO 41 43 Forei8n exchange loss Payments under QperinK Lease5 AuditDr's remuneratlon li 140 131 Auditlee 17 13 Audit disbursements land vat) Other fees pald 10 auditors land vat) Trustee and $t•ll r•muner•tlorb. rel•ted P•fiy•nd oth•r 114n￿elonj Stafl co#$ £000 Wa8es and 5alarles Sodal securltyCOSts Other pension costs Redundancy payments 3,129 3.039 Z4Z 209 344 335 30 3,745 3,583 Number Nurnber Averiie number ol employee5- UK AveraBe Trumber ol employee$- O¥ersea5 66 30 Avera8e number of ernployee$- UK IFTEI Averaie number ol employees. Overseas IFTEI 57 30 B7 Ernployees wlth toi&l ￿Mu￿ratIon and beneflis In excess of £60,000,, Number Number £60.(￿- £70,0 É70.000- £80.0 E80,000- £90,000 £130,000- £140.000 £ oc¥) £000 Pengon contrlbutloThs In respect ol these employees were 28 22 EOOO Éooo Total remuneratlonlbeneflts of key manaKernent personnel Trustet ielmbursed expendlture SS6 462 The number of trustees who reCeI￿d relmbursement for out-of-pocketlr•vel sub5iStence expenses wa5 412021.'21 totallln8 E7W12021.. £921. The trustees n•ther received nor walved any ernolurnent5 durln8the year12021.. £NIL). Related partytr•nsa¢ti1¥15 Apart from the trustee expenses Identlfied above, there were no other ￿lated party transactlons. Page 32

Mission Aviorion Fellowship UKAntttsol Report & Accounts 2022 Note5 tg the Financlal Statemènts forthe yearended 2022 20ZZ 2021 Vehlcles Equlprnent Total Total 7 Tunglble fixed assets £coo Eooo £ C¥)0 Cost As at 01.01.2022 46 474 520 444 Addltions 76 Dlsposals s at 31,12.2022 46 526 520 Deprnclatlon As at 01.01.2022 46 391 437 394 Char8e lor the year Elimlnated on dlsposal A5 at 31.12,2022 41 41 43 46 432 478 437 N•t Book ¥•lues As ot 31.12.2022 48 48 83 As at 31.12.2021 83 83 50 8 Flx•d ￿$•t Inv•stments 2022 2021 Cost or v•lu•tlon £000 £000 As at 01.01.2022 Addltions 1,015 Disposals Revaluation li Net investment Bain5 As at 31.12.2022 1,026 EdenTree Amlty Global Equity Fund for Charlties 9 Debtors Amount5 due wlthln one year.. Other debtors Gilt Aid recoverable 192 88 Prepayments 120 106 Attrued income 1,131 1,490 1,443 1,685 All debiors are considered flnanclal Snstruments wlth the exceptlon of prepayments. The carrying value of financial asset5 lin debtors) 15.. 1,323 1.579 Page 33

Mission Aviotiort Fellowship UKAnntsol Report & Accounts 2022 Notes to the Flnancial Statements for ihe year ended 31 December 202Z 2022 2021 £000 EOOO 10 Credlton.. amounts f¥llln{ due wlthln one yeai Trade credltor5 996 399 Taxatlon and ￿CIal security Other creditor5 59 50 118 99 Accruals and deferred income 75 40 1,248 588 All creditors are consSdered financlal Instruments wlth the exception of deferred income. The carrylng value of flnanclal Ilablllties1Sn credltorsl is.. orhercreditors includes., In respect of pension scheme contributlons 1.248 588 37 36 11 Operitlni leaies ZO22 £000 2021 Operating lease rental payments durln8 the year.. Land and bulléin8S Vehlcles 125 120 15 li 140 131 At 31 December 2022. the total future mlnlmum lease payments under non-cancellable leases was a5 follows.. 2022 2021 Land and Land and bulldings Other bulldin85 £ cx)o Other Eooo £ (Kjo Perlod.. Wlthln one year Two to five years Over five years 105 19 96 18 382 36 35B 15 179 268 666 55 722 33 Page 34

Mission Aviation Fellowship UKAnnutrl Report & Accounts 2022 Notès to the Flnanclal Statements for the yearended 31 December2022 12a Analysls of nèt assels between fundj Fund balances as at 2022 were represented by.. Base DesSgnated funds Unrestricted Total Restrlcted Total Reserv¢ funds £000 EOOO Tan8lble flxed a55et5 Fixed asset investments 48 48 1,015 li 1.026 1,026 Current assets 5.627 1.988 7,615 11,2481 474 8,089 11.2481 Currèftt liab115tles 11,24BI Long tem Ilabilltles 5,394 2,047 7,441 474 7.915 12b Fund balances as at 31 December 2021 were represented bv.. Base Oeslgnated Reserve funds Unrestrlcied Total Re5trirted Total Ivnds fund5 Éooo £000 £oco £￿0 Tan8ible Ilxed assets FIMed asset Invèstment5 83 83 83 Current assets 7,978 15881 437 8,415 15881 1,145 9,560 15881 Lon8 term IlabilitSes 7,390 520 7.910 1,145 9,055 PaEe 35

M15slonAvroriDn Fellowship UKAnnualRewrt& ￿£tO{l￿ts2022 Notestoth¢ finind•l Statements lorihy￿rInd& JI Deomber 2021 Fuhds Asat 01.01.22 Incorne Expendlture In¥e51ment Transfers Tr￿SterS out £000 A•4t ai.ii, £D EO É OLX) 7.3tyJ 11,440 111,961 li 41 5,394 FixedAsset Cost Fund 520 526 UK CapacltyFund FUtureAp￿1catb0n Fund National Staff Derf Fund Unre•lsed Gèins Fund 310 3JO 200 li sub-totol 520 1,527 2,Od7 Totil unweAtrktod lundi 7,910 11.440 li 7,441 Dole 14 1,145 3L 474 Tot•lfundi 9,095 15.971 1,568 7.915 Th• &iie Aexwye cornprises rlsk-assessed Incorne stream elemen15 tD ensure that thè ch•rtty can Contlnue oper•ii¢ns In the e¥Enl of adverse oi unloresetn shuaiions. The fund level wa5 rev￿￿¢¢ b¥ Ihe 8oard In 2021 and i newt818et level of É3.8rn was $et. In 2023 the Board and ￿T￿lI1 seek iofvnd extra prole1<5 10 reduce the baljnco to the tsr8et le¥l. Th• Nx•d AM•t ¢0st represen¢$ Ihe cost of equlprneni ind vehlcle5 used b¥ MAF Ul purch•std from urlreslriaed luntlslthe net book value ol the chJrlll5 exlslill8 Ilxed assets èlonB wlth the arnount deslRnaied by the Board, lor luture spendln& to iepl•ce ¢hese Th• UK C•wu¢8ei. Th• FuturnApplluiiafi Fundw15 e51abllshed b¥the Board al Elrn to helpfvnd hEW Initlatlves above beyond Ihojo Jlr¢ady1n rhe budyt. Th• Nitlw•l s¢•fl O•vl¥rTrEnt Fund was established b¥ ihe Ooard at £2￿¢ to help fund the r•crultment •nd *m￿0¥m•nt ol natlonal Staff In pro8rarnmes or Irorn ccuntrles wllh nofesourtlnÈ MAF. Th• Unv•4lkn•d G•lM Fund repre￿￿tI 64lnson In¥esimen15yet to be r•allsed. Ilb PuTrd• Asat Income Exptndllure Investment Trinsfers Trinslers 01.01,21 Galns out 31.11.11 £0 £￿0 6,814 10,746 7,3 ri•slithil•dfundi Flxed As5e( Cost Fund 444 76 510 279 UK Capaclty Fund Fulure ApplicJtk)n Fund Naiional Staff De¢ Fund 2Q20 Prole¢is Unfealsed Galns Fund 5ub-totol 723 76 510 Toi•l wreitrkt•dln£¢Mn• fund$ 7,547 10.746 76 7,910 A•xirl¢i•d nore 14b 319 3.041 12.4751 2F4J 1,145 Totillunds 7,866 13,787 336 13361 9,055 Pa8e i6

Mi55ionAviation Fellowship UKAnn&olRepttrt& Accounts2022 Nottstoihe Flnanclal Sthtements forthe ye•r ended 31 December 2022 14a ReMrftt*d fund5 Restricted Income Jri5e5 whEre 3 donor h35 Irnp05ed a restrlctlon as to thÈ use of the Klft. ThÈ table belowsummarSses. by major cate8oryof restrictlon, the openlng balance. incor￿, expenditure ènd closing balance for each reStr￿Cted fund. Asat 01.01.22 Transfers Transfer5 out Asat ai.ll.22 Intome Expendlture Fund restrlctlon: F Internatlonal alrcraft prolecis MAF lfitern3tional PNG Future Footprlnt MAF Internauonal Fuel MAF Internatlonal nDn-air¢raft prolert5 MAF Internarional sthff 1,251 585 537 1,088 15851 11,0881 90 14,0511 500 3.551 MAF Australia MAF Canada MAF France MAF Gtrrnany MAF Netherlands MAF NEwZealand MAF Soulh Afrlca MAF S%Yeden MAF Swltierland MAF USA 37 53 24 125 5rxi 3,676 14,1761 Stuart Kln8 Memorial Fund MAF UK International Staff 633 11301 464 12 853 io 1,145 4,531 15,1611 474 14b A53t 01.01.21 Tr4nsfer5 Transfers out Asat 31.11.21 Income Expenditure Éo Fund restrlcdon.. MAF Internatlonal alrcraft prohcts MAF Inornatlonal South Sudan MAF Internailonal non-alrcraft proie¢rs MAF InterThJtlonal sraff 500 168 1.122 95 1,885 81 50 500 195 11.3851 500 MAF Australla MAF Canado MAF Netherlands MAF New Zealand MAF South Afrlca MAF USA 12 42 IB8 11881 2,073 11.5731 500 Stuart Kln8 Memorial Fund MAF UK InterThatlon31 Stèff 65 260 633 li YY13 19021 12 319 3,041 12.4751 1,145 Page 37