Company regi51ralion number.. 04378696
Charity registration number. 1096919
The East African Missionary Society
(A company limited by guarantee}
Annual Report and Financial Statements
for the Year Ended 29 February 2024

The East African Missionary Society
Contents
Reference and Administrative Details
Trustees, Reporl
2to4
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Note5 to the Financial Statements
81016

The East African Missionary Society
Reference and Administrative Details
Trustees
MrDWatt
Mrs R Watt
Rev S Thomson
Secretary
Mrs R Watt
Charity Registration Number
1096919
Company Registratlon Number 04378696
The charity is Incorporated in England and Wales.
Reglstered Office
Southcombe House
Salcombe Regis
Sidmoulh
Devon
EX10 OJN
Independent Examiner
Mr Philip Whitlock
Independent examiner
Kepple Gate
Higher Ridgeway
oitery Sl Mary
Devon
EX11 1TJ
Bankers
Lloyds Bank
Harrow
286-288 Station Road
Harrow
Middlesex
HA12EB
Page 1

The East African Missionary Society
Trustees, Report
The trustees, who are directors for the purposes of company law, present the annual report together
wtth the financial statements of the charitable company far the year ended 29 Februaiy 2024.
Objectives and activities
Objects and aims
The objects of the charity are the advancement of the Christian faith in East Africa and beyond.
The Charity seeks to achieve its objectives by raising funds for the "East African Missionary Society"
in Uganda which is a Ugandan registered company (the "Company") The Christian principles ol the
Charity as sel out in its Memorandum and Articles of Association are mirrored in the Memorandum
and Articles of Association of the Company.
The Charity monitors the aclivities of the Ugandan Company and provides advi￿ and supporl Ihrough
regular communications and through two of its Trustees ￿0 are directors of the Ugandan Company
and visit Uganda on a regular basis when travel restriclions and health considerations permit. The two
trustees fund their expenses themselves and thus their visits are al no cost to the Charity.
Public benerrf
The Iruslees confirm that they have complied with the requirements of section 17 of the Chafilies Act
2011 to have due regard lo the public benefit guidance published by the Charily Commission for
England and Wales.
Page 2

The East African Missionary Society
Trustees, Report
Achievements and performance
This year staned in a very sad way. Its young and dynamic Ugandan Pastor, Charles. was diagnosed
wth Bowel Cancer and died a few months later leaving a young wife and 2 children He was just 34.
The UK Board did what it could to assist with Charles's medical expenses which naturally pul a strain
on our finances. Nevertheless, the fund-raising efforts in the UK lo support Charles raised TEAMS
profile and Sin￿ then, new supporters have come forward
Isaiah and Bru￿, Charles's 2 children, now form part of TEAMS'S new child educational support
programme This is designed lo help vulnerable children by giving them access lo education until they
reach 18 A generous donor stepped forward lo start this programme and further sponsors are being
sought There are many needy children close lo where we operate so we pray that sufficient sponsors
come foward lo enable this programme to grow.
As usual. a number of fund-raising events were organi5ed during the year, including a Barn Dance
and Bank Holiday Cream Teas in the Churchyard. These were enjoyed by all and produced a
much-needed boost to income.
TEAMS UK Chairman and Secretary (his wife!} visited TEAMS centre in Uganda in June 2023 and in
addition to their usual work ￿th TEAMS, the hospital and prison, were able to oversee the rebuilding
of the road tsoundary wall which Wds paid for from the compensation received when the road authority
compulsorily acquired half an acre of TEAMS land This was the couples 34th visit lo Uganda, all ol
which has been funded by themselves. On their return to the UK, a series of la5ks and presentations
were given to TEAMS supporters which resulled in the idea to lake 2 volunteers with them back lo
Uganda in June 20241 The latter part of this financial year was dominated by the very successful
fundraising efforts of the 2 new volunteers. again boosting income and TEAMS profile.
Finally, after an interregnum of 5 months, TEAMS recruited a new pastor in his early 30's, Pastor
Anthony. Anthony has a Bachelor's degree in Theology from the Bible College In Uganda and was a
professional singer before becoming a Pastor. He is married to Sunny and already lived in Gulu He is
very OLrtgoing and popular. He has already doubled our weekly attendances al church and initiated a
"Love in Action" programme reaching out lo the vulnerable and needy. Members of the church
congregation give Iheir time and talents free to run this programme which unite5 the community
We look forward to the next year with great optimism.
Financial review
The results for the year and the charity's financial position at the end of the year are shown in the
allached financial stalemenls.
Structure, governance and management
Nature of governlng documenl
The charitable company was incorporated at Companies House on the 21 February 2002 and
registered with the Charily Commission 8 April 2003 and is governed by ils Memorandum and Articles
of Association dated 21 February 2002. amended 29 January 2003 and 10 August 2011.
The Trust is managed by the board of trustees. which meets on a regular basis.
Page 3

The East Afrlcan Mlsslonary Soclety
Trustees. Report
Statement of trustees. responsibllltles
The trustees (who are also Ihe directors of The East African Missionary Socieiy for the purposos of
company law) are responslble for preparing the trustees. report and Ihe financial statements in
accordance with appliGable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice), inclu(Jing FRS 102 "The Financi81 Reporting Standard
applicable in the UK and Republic of Ireland" The report and accounts have been prepared in
accordance with th8 provisions in the Companies Act 2006 relating to small companies.
Company law requires the trustees to prepare financial stalemenls for each financi81 yèar. Under
company law the trustees must not approve thè financial statements unless they are satisfied that
they glve a true and fair view of the stale of affairs of the charitable company and of the incoming
resources and application of resources, including ils income and expenditure, of the charitable
ornpany foi that pariod. In preparing these financi81 stalemanls, the trustees are required to..
select suitabla accounting policies and apply them consistently.
observe the melhods and principles in the Charities SORP-
make judgemenls and estimates that are reasonable and prudent:
state whether applicable accounting standards, comprising FRS 102 have been followed, subject
lo any material departures disclosed and explained in the financi81 stalemenls.. and
prepaf8 th8 financial statements on the going concem basis unless it is inappropnate to presume
that the charitable Company will continue In busin8SS.
The trustees are responsible for keeping proper accounting records that can disclose with reasonabl8
8¢curacy at any time the financial position of the charitable company and enable them to ensure Ihal
Ihe financial statements ¢omply with the Companies Act 2006. They are also responslble for
safeguarding the assets of the charitable company and hence for taking reasonable sleps for the
preventlon and detection of fraud and other irregularities.
The trustees are responsible for thé maintenance and inlegrity of the corporate and financial
infomation included on Ihe charitable companvs website. Legislation governing the preparation and
dissemination of financial statements may differ from legislalion in othef jurisdictions.
Small companle8 provlslon statement
This report has been prepared in accordan¢e with the small companies re9ime under Ihe Companies
Act 2006.
The annual report was approved by the Iruslees of the ch8rily on Lfy...kL.ZoU+and signed on ils
behalf by:
Watt
Company $8cretary and trustee
Page 4

The East African Missionary Society
Independent Examinews Report to the trustees of The East African Missionary
Society ('the Company,)
I report to the charity trustees on my examination of the account5 of the Company for the year ended
29 February 2024.
Responsibilities and basis ol report
As Ihe charity's Irustees of the Company (anLI also Its directors for the purposes of company law) you
are responsible for the pieparation of Ihe accouTh(s Itb aCCDfdance with Ihe Teouiremen15 of Ihe
Companies Act 20061'the 2006 Acl,).
Having salisfied myseff thal the accounts of Ihe Company are nol required lo be audited undei Part
16 of the 2006 Act and are eligible for independent examinalion. I reporl in respect of my examination
of your charrty'5 accounls as carried oul under section 145 of Ihe Charitie5 Act 2011 ('Ihe 2011 Acl'l.
In Carrying out my examination I have followed the Diiections given by the Charity Commission under
section 145(SJ{b) of the 2011 Act.
Independent examiner's statement
I have completed my exarninalion. I confimi thal no matters have come lo my attention in connection
with Ihe examination giving me cause to believe".
1. accounting records were not kept in resped of The East Afncan Missionary Society as required
by section 386 of the 2006 Act. o..
2. the accounts do noi accord wrth those records. or
3. the accounts do not comply wth the accounting requiremenls ol seclion 396 of the 2006 Act
other than any Tequiremenl that the accounts g¢ve a 'true and fair view. which is nol a matter
considered as part of an independent examination. oi
4. the accounts have not been prepared in accordance with the melhods and principles of Ihe
Slalemenl of Recommended Practice for accounting and reportino by charilies lapplicable lo
charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 102)].
I have no conce¥ns and have come across no other mallers In connection with the examinalion lo
which attention should be drawn in this report in order to enable a proper underslanding DI the
accounls to be reached.
Mr Philip Whltlock
Ind8pendent examiner
Kepple Gate
Higher Ridgeway
L)ttery St Mary
Devon
EX11 1TJ
Page S

The East African Missionary Society
Statement of Financial Activities for the Year Ended 29 February 2024
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Unrestricted
funds
Restricted
funds
Total
2024
Total
2023
Note
Income and Endowments from:
Donations and legacies
Fundraising
Total income
17,523
1,408
10,431
27,954
1,408
19,976
18,931
10,431
29,362
19,976
Expenditure on".
Raising funds
Charitable activitie5
{81)
31,939
161)
35,738
11561
18.257
(3,799
Total expenditure
32,000
13.799
135,799
118,413}
Nel (expenditurellincome
13,069
6,632
16.437
1,563
Net movement in funds
{13,0691
6,632
16,437)
1,563
Reconciliation of funds
Total lunds brought foward
42,318
42,318
40.755
Total funds carried foTward 13
29,249
6.632
35,881
42,318
All of the charity's 8clivilies derive from continuing operations during the above two periods.
The funds breakdown for 2023 is shown in note 13.
The notes on pa9es 8 to 16 fom an inlegral part of these financial slalements.
Page 6

The East African Missionary Society
(Registration number: 04378696)
Balance Sheet as at 29 February 2024
2024
2023
Nota
Current assets
Debtors
Cash at bank and in hand
10
4,249
32.250
3.052
39,860
36,499
42,912
Creditors: Amounts falling due wlthin one year
Net assets
12
618
(5941
42,318
35.881
Funds of the charlty:
Reslrlcted income funds
Restricted funds
6,632
Unrestrlcted Income funds
Unrestricted funds
29,249
42,318
Total funds
13
35,881
42,318
For the financial year ending 29 February 2024 the charity was entFtled to exemption from audit under
section 477 of the Companies Act 2006 relating to small companies.
Directors. responsibilities..
The members have not required the charity to obtain an audit of its accounts for the year in
question in accordance with section 476. and
The directors acknowledge their responsibilities for complying with the requirements of the Act with
respect to accounting rècords and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions relating to
companies subject to the small companies regime within Part 15 of Ihe Companies Act 2008.
The financial stateménts on pages 6 to 16 were approved by the trustees, and authorised for issue on
4 December 2024 and signed on their behalf by.
Trus
The notes on pages 8 to 16 form an integral part of th8ge financial stat8ments.
Page 7

The East African Missionary Society
Notes to the Financial Statements for the Year Ended 29 February 2024
1 Charity status
The charily is limited by guarantee, incorporated in England and Wales, and consequently does not
have share capital. Each of the truslees is liable to contribute an amount not exceeding £10 towards
the assets of the charity in the event of liquidation.
The address of its registered Offi￿ is.
Soulhcombe House
Salcombe Regis
Sidmoulh
Devon
EX10 OJN
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation ol these financial statements are sel out
below. These policies have been consistently applied lo all the years presented, unless otherwise
stated.
Statement of compliance
The financial slalemenls have been prepared in accordance with Accounting and Reporting by
Charities: Statement of Recommended Practi￿ {applicable lo charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
102>1 {issued in October 2019) (Charilies SORP (FRS 102)), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 1021 and the Companies Act 2006.
Basis of preparation
The East African Missionary Society meets the definition of a public benefit entity under FRS 102.
Assets and liabilities are initially recognised at historical cost or transaction value unless olheNise
stated in the relevant accounting policy notes.
Going concern
The Iruslees consider that there are no material uncertainties about the charity's ability lo conliniie as
a going concern nor any signih'canl areas of uncertainly that affect the carrying value of assets held by
the charity.
Exemption from preparing a cash flow statement
The charity Qpled to early adopt Bulletin 1 published on 2 February 2016 and have therefore not
included a cash flow statement in these financial statements.
Page 8

The East African Missionary Society
Notes to the Financial Statements for the Year Ended 29 February 2024
Income and endowments
All income is included in the statement of financial activities then enlitlemenl has passed lo the
charity. It is probable Ihal the economic benefits associated wth the transacliorl will flow lo the charity
and the amount can be reliably measured. The followng specific policies are applied to particular
categories of income:
Income from donations or grants is recognised when there is evidence of enlillement to the gift.
receipt is probable and its amounl can be measured reliably
Legacy income is recognised when receipt is probable and entillemenl gs established
Income from donated goods Is measured at the fair value of the goods unless this is impractical lo
measure reliably, in which case the value is deriv&d from the cost to the donor or the estimaled resale
value. Donated facilities and services are recognised in the accounts when received if the value can
be reliably measured. No amounts are included for the contribution of general volunteers
Expenditurft
Expenditure is recognised on an accruals baS￿S as 3 liability is incurred. Expenditure Includes any
VAT ￿lch cannot be fully recovered, and is classified under headings of the statement of financ131
activities lo which il relates
Costs of generating funds.. This comprises of all expenditure incurred relating to the services provided
by the charitable company.
Charitable expenditure.. This comprises all of the expenditure incurred for charitable purposes and
donated by the charitable company to other registered charities or churches whose objects are
consistent with those of the charitable company, and to individuals whom the Trustees deem Il
appropriate and the donalion is consistent wth the charitable company's main objectives
Support costs.. This comprises of central costs including salaries, premises and other expenses
relating to the running of the charitable company.
Governance. This comprises all the costs associated wth meeting the conslilutional and slatulory
requirements of the charitable company.
Other expenditure includes all expenditure that is neither related lo raising funds for the charity nor
part of its expenditure on charitable activities.
All costs are allocated lo expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity Shared costs are apportioned
between the activities they contribute lo on a reasonable, justifiable and consislenl ba51S.
Page 9

The East African Missionary Society
Notes to the Financial Statements for the Year Ended 29 February 2024
Taxation
The charity is considered to pass the lests set out in Paragraph 1 Schedule 6 of the Finance Act 2010
and therefore il meets the definition of a charitable company lor UK corporation tax purposes.
Accordingly, the charity is potentially exempt from taxation in respect of income or capital g31ns
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992. to the extent thal such income or gains are
applied exclusively to charitable purposes
Tangible fixed assets
Tangible assets are initially recorded al cost, and subsequently slated at cost less any accumulated
depreciation and impairment losses.
Depreciation and amortisation
Depreciation is provided on tangible fixed assels so as to ￿lte off the cost or valuation, less any
esli mated residual value. over theii expected useful economic life as follows.
Asset class
Fixtures and fittings
Depreciation method and rate
25¥0 Straight line
lrnpairment of fixed assets
A review for indicators of Impairment is carried out 31 each repuiing date, with the recoverable
amount being estimated where such indicators exist Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible revers31 at each reporting date
For the purposes of impairment testing. when it is not possible lo eslim31e the recoverable amounl of
an individual 3ssel, an estimate is made of the recoverable amount of the Cash-generating unil to
which the asset belongs.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly
liquid inveslmenls that are readily convertible lo a known amount of cash and are subject to an
insignificant risk of change in value
Fund structure
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's
purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through
the terms of an appeal, and fall into one of two sub-classes. restricted income funds or endowment
funds.
Page 10

The East African Missionary Society
Notes to the Financial Statements for the Year Ended 29 February 2024
Financial instruments
Classification
Financial assets and financial liabilities are recognised ￿en the charity becomes a party lo the
conlraclual provisions of the instrument.
Financial liabilities and equity instruments are classified according lo the substance of the conlraclual
arrangements entered into. An equity instrument 15 any contract that evidences a residual Interest in
the assets of the charity after deducting all of its liabilities
Recognition and measurement
All linanci81 assets and liabilities are initially me8sured at transaction price (including transaction
costs), except for those financial assets classified as at fair value through profil or loss, which are
initially measured at fair value (which is normally the transaction price excluding transaction costs},
unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing
transaction, the financial asset or financial liability is measured al the present value of the future
payments discounted at a market rate of interest for a similar debt Instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only
en there exists a legally enforceable right to set off the recognised amounts and the charity Intends
either to settle on a net basis, or lo realise the asset and settle the liability simultaneously
Financial assets are derecognised ￿en and only ￿en al the contractual rights to the Gash IIow5
from the financial asset expire or are settled, bl the charity transfers to another party substantially all
of the risks and rewards of ownership of the financial asset, or cl the charity, despite having retained
some. but not all, significant risks and rewards of ownership, has transferred control of the asset to
another party
Financial liabilities are derecognised only ￿en the obligation specified in the contract is discharged.
Can￿lled or expires.
3 Income from donatlons and legacies
Unrestricted
funds
General
Restricted
funds
Total
2024
Oonalions and legacies.,
Gift aid
Donations
4,249
13,274
4.249
23.705
10,431
17,523
10.431
27,954
Page11

The East African Missionary Society
Notes to the Financial Statements for the Year Ended 29 February 2024
Unrestricted
funds
General
Restricted
funds
Total
2023
Donations and legacies,
Gift aid
Donations
3,052
12,524
3.052
16.924
4,400
15,576
4,400
19,976
4 Income from fundraising
Unrestrlcted
funds
General
Total
2024
Fundraising.
Events and activities
1,408
1,408
1,408
1.408
5 Expenditure on raising funds
a) Other costs of generating donations and legacies
Unrestricted
funds
General
Total
2024
Note
Office costs
61
61
Unrestricted
funds
General
Total
2023
Note
Office costs
156
156
6 Expenditure on charitable activities
Page 12

The East African Missionary Society
Notes to the Financial Statements for the Year Ended 29 February 2024
Unrestricted
funds
General
Restricted
funds
Total
2024
Note
Activities in Uganda
Support costs - Offi￿ costs
Governance costs
31,140
61
738
3.799
34,939
61
738
31,939
3,799
35,738
Unrestricted
funds
General
Restricted
funds
Total
2023
Note
Activities in Uganda
Support costs - office costs
Governance costs
13,100
155
642
4.360
17,460
155
642
13,897
4.360
18,257
Page13

The East African Missionary Society
Notes to the Financial Statements for the Year Ended 29 February 2024
7 Trustees remuneration and expenses
No trustees. nor any persons connected with them, have received any remuneration from the charity
during the year.
No Iruslees have received any reimbursed expenses or any other benefits from the charity dLtring Ihe
yeai.
8 Taxat¥on
The charity 1$ 3 registered charity and is therefore exempt fr(xn taxation.
9 Tangible fixed assets
Fixtures and
fittings
Total
Cost
Al 1 March 2023
2,776
2,776
At 29 February 2024
Depreciation
Al 1 March 2023
2,776
2,778
2,776
2,776
At 29 February 2024
Net book value
2.776
2,776
At 29 February 2024
Al 28 February 2023
10 Debtors
2024
2023
Other debtors
4,249
3,052
11 Cash and cash equivalents
2024
2023
Cash at bank
32,250
39,860
Page 14

The East African Missionary Society
Notes to the Financial Statements for the Year Ended 29 February 2024
12 Creditors: amounts lalling due within one year
2024
2023
Accruals
618
594
13 Funds
Balance at
29 February
2024
Balance at 1
March 2023
Incoming
resources
Resources
expended
Unrestrlcted funds
General
Main general fund
42.318
18.931
(32,000)
29,249
Restricted funds
Mission trip
Pastor Charles
Child fund
8.871
1.060
500
12,389)
11,0601
350
6.482
150
10.431
13,799)
6,632
Totsl funds
42,318
29,362
35,799
35,881
Balance
at1
March In¢oming Resources
2022 resources
expended
Balance at
28
February
2023
Transfers
Unrestricted funds
General
Main general fund
Restricted funds
Orphan lund
Mission trip
40.605
15,576
{14,0531
190
42,318
150
1150)
40
4,400
4.360
150
4.400
{4.360
1190
Total funds
40,755
19,976
118.4131
42 318
Page 15

The East African Missionary Society
Notes to the Financial Statements for the Year Ended 29 February 2024
The specific purposes for which the funds are lo be applied are as follows..
Orphan fund- funds held lor the Orphan Support Programme In Uganda
Mission tnp - funds received received during the year to cover the costs of flights to Uganda
Pastor Charles - funds received during the ye2r to assist with the healthcare costs for Pastor Charles
Child fund- funds received during the year for the Child Support Programme in Uganda
14 Analysis of net assets between funds
Unrestricted
funds
General
Total funds at
29 February
2024
Current as5e15
Current liabilities
36,499
618
36.499
618
Total net assets
35,881
35,881
Unrestricted
funds
General
Total funds at
28 February
2023
Current assets
Current liabilities
42,912
594
42,912
1594
Total nel assels
42,318
42,318
15 Related party transactions
There were no related party transactions in the year.
Page 16