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2024-12-31-accounts

Inspire

Trustees Annual Report for 2024

Reference and Administrative Information

Charity name: Missionary Ventures Europe Trust Charity Registration Number: 1067612 Registered Office: PO Box 741, Rochdale OL16 9QD. Working Office: 3 Edmund Street, Milnrow, Rochdale OL16 4HR. Website: www.mvgb.org.uk

Charity Trustees (serving in 2024):

Structure, Governance and Management

Missionary Ventures Europe Trust (sometimes known as Missionary Ventures, Missionary Ventures Great Britain, or by the acronyms MVE, MV or MVGB) is governed by a Declaration of Trust dated 7 November 1997.

The charity is part of Missionary Ventures International (MVI), an inter-denominational missionary organisation founded in 1983 in Florida, USA. MVI now has offices in Australia, New Zealand, South Africa and Great Britain, and works with staff and indigenous partners in more than 50 countries.

The charity is managed by a board of trustees, which aims to meet quarterly. All board members are themselves actively involved in missionary activities and provide a wealth of experience and wisdom. The board is empowered to appoint new trustees and to recruit or dismiss the Director. At each meeting, the Director presents reports on activities, finances, risks, and future plans and actions.

During 2024, the charity was led by its part time Director, assisted by volunteers. At the end of the year, Darren Mitzi resigned as trustee but continues to serve as Director of Operations.

Objectives and Activities

In practice, the charity’s primary role is to encourage personal involvement in overseas mission. This is achieved by promoting mission opportunities to UK churches, organisations, and individuals, and organising team trips, projects and programmes abroad. Each year dozens of volunteers give their time, fund their own participation, and contribute financially to support missionary work.

The trustees confirm that these objects are consistent with the Charity Commission’s guidance on Public Benefit.

Achievements and Performance in 2024

Advancing the Christian Faith

Relief of Poverty and Need

Advancement of Education

2

Financial Review

The trustees have reviewed the reserves policy in line with Charity Commission guidance. Unrestricted funds of £29,269 (2023: £32,285) are considered sufficient to cover planned expenditure and contingencies.

Income sources

Most income was generated from voluntary donations from individuals, churches, and Christian organisations. Where possible, individual tax-paying donors were encouraged to use the UK ‘Gift Aid’ scheme. A high proportion of funds received were restricted for specific projects and the charity’s accounting system kept such funds separate. These funds were not used for other purposes without the express permission of the donor.

Expenditure and administration

Core administrative costs were covered through a small percentage of project donations:

The charity has no long-term loans. The office space currently occupied has been provided free of charge by New Life Community Church, Milnrow. Office furniture and equipment are either donated or purchased from administration funds.

Related party transactions

During the year, the charity made the following transactions with related parties:

Trustees reviewed and approved this arrangement as being in the best interests of the charity.

3

Risk and commitments

The charity does not commit to long-term project funding, as support is dependent on donations. Funds awaiting transfer are held securely in a deposit account with Barclays PLC.

Reserves Policy

The trustee’s policy is not to hold significant long-term reserves for overseas projects, as support is only guaranteed to the extent of incoming donations. Unrestricted reserves are maintained at a prudent level to cover core operational costs and to safeguard against unforeseen shortfalls in income.

Plans for the Future

In 2024 the Director moved into full-time service, opening opportunities to expand ministry impact. Looking ahead, the director and trustees plan to:

Statement of Trustees’ Responsibilities

The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and regulations. Charity law requires trustees to prepare accounts that give a true and fair view of the state of affairs of the charity, and to ensure that funds are applied in line with its charitable purposes.

Conclusion

The trustees are satisfied that Missionary Ventures Europe Trust continues to meet its charitable objects, deliver tangible public benefit, and maintain financial integrity.

We give thanks to the Lord for His provision and for every life impacted through the ministry of Missionary Ventures worldwide.

Signed on behalf of the charity’s trustees:

(Alan Bolton, trustee) Date: 14 September 2025

4

Missionary Ventures Europe Trust Missionary Ventures Europe Trust Missionary Ventures Europe Trust Missionary Ventures Europe Trust Missionary Ventures Europe Trust 1067612
Receipts and payments accounts CC16a
For the period
from
01/01/2024 To 31/12/2024

.

Section A Receipts and payments

Categories
A1 Receipts
Unrestricted
funds
to the nearest £
Restricted
funds
to the nearest £
Endowment
funds
to the nearest £
Total funds
to the nearest £
Last year
to the nearest £
Voluntary Donations:
-
-
-
-
-
Ministry Support
-
16,711
-
16,711
13,171
Mission Programs & Projects
-
40,741
-
40,741
46,322
Other Charitable Income
12,844
-
-
12,844
6,317
-
-
-
-
-
-
-
-
-
-
Sub total(Gross income for AR)12,844
57,452
-
70,296
65,810
A2 Asset and investment sales, (see
table).
=—=====
- - - - - -
- - - - - -
Sub total Sub total - - - - - -
**Total receipts ** 12,844 57,452 - - 70,296 65,810
A3 Payments
Ministry Support 2,902 16,827 - - 19,729 10,987
Mission Programs & Projects 621 56,825 - - 57,446 49,432
Support Costs: - - - - - -
Office Rental - - - - - -
Admin, Utilities etc 2,602 - - - 2,602 2,551
Staff Costs 7,059 - - - 7,059 -
Staff Travel 2,676 - - - 2,676 3,071
- - - - - -
- - - - - -
**Sub total ** 15,860 73,652 - - 89,512 66,041
A4 Asset and investment purchases,
(see table)
A4 Asset and investment purchases,
- - - - - -
- - - - - -
**Sub total ** - - - - - -
**Total payments ** 15,860 73,652 - - 89,512 66,041
Net of receipts/(payments) - 3,016
- 16,200
-
- 19,216
- 231
A5 Transfers between funds
-
-
-
-
-
A6 Cash funds last year end
32,285
57,626
-
89,911
90,142
Cash funds this year end 29,269
41,426
-
70,695
89,911
===——>

Section B Statement of assets and liabilities at the end of the period

Unrestricted Restricted Endowment Categories Details funds funds funds to nearest £ to nearest £ to nearest £ B1 Cash funds Current Account 17,973 5,858 - Deposit Account 11,296 35,568 - - - - Total cash funds 29,269 41,426 - (agree balances with receipts and payments account(s)) OK OK OK Unrestricted Restricted Endowment funds funds funds Details to nearest £ to nearest £ to nearest £ B2 Other monetary assets - - - - - - - - - ——— Fund to which Current value Cost (optional) Details asset belongs (optional) B3 Investment assets - - - - - - - - - —— Fund to which Current value Cost (optional) Details asset belongs (optional) B4 Assets retained for the - - - charity’s own use - - - - - - ——— Fund to which Amount due When due Details liability relates (optional) (optional) B5 Liabilities - - - - - - - - - ——— Signed by one or two trustees on behalf of Date of all the trustees Signature Print Name approval

Categories

Signed by one or two trustees on behalf of all the trustees

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF MISSIONARY VENTURES EUROPE TRUST

I report on the accounts of the Trust for the year ended 31[st] December 2024.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

have not been met; or

2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Michele Howe FCCA, CTA The Tax Emporium Limited 30 Marsden Lane Marsden Huddersfield HD7 6AF

Date: 29 October 2025

Registered Office: 30 Marsden Lane, Marsden, Huddersfield, HD7 6AF. Telephone: 07710 645777

Co. Reg. No. 13543701 England & Wales Director: Michele Howe F.C.C.A, C.T.A.