2024-12-31-accounts - The Micah Network

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REGISTERED COMPANY NUMBER: 04669640 (England and Wales)
REGISTERED CHARITY NUMBER: 1103048

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 December 2024

for

The Micah Network

The Micah Network

Contents of the Financial Statements
for the Year Ended 31 December 2024

		`Page`
`Report of the Trustees`	`1`	`to`	`6`
`Independent Examiner's Report`		`7`
`Statement of Financial Activities`		`8`
`Balance Sheet`		`9`
`Notes to the Financial Statements`	`10`	`to`	`13`

The Micah Network

`Report of the Trustees for the Year Ended 31 December 2024`

ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,present their
reportwiththefinancialstatementsofthecharityfortheyearended31December2024.Thetrustees have
adoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommended Practice
applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Thisannualreportbeginswithareviewofnetworkforumsandgroupsin2024,andanupdateon membership.
ThereisasummaryofthestrategicoverviewofMicahGlobal,andahigh-levelstatementofplanned 2025
activitiesinlinewiththisstrategy.Thereportendswiththelegal,governanceandmanagementstructures of
the charity.

`OBJECTIVES AND ACTIVITIES`

`Micah Global Strategic Overview 2024 -2026`

Duringthelastquarterof2023,theBoard,Secretariatandarepresentativegroupofactive members
developeda strategicplanandrefinedourvalues,visionandmission.Thisstrategicplanserveduswellin 2024
and continues into 2025:

`Our Identity`

Micahisaglobalnetworkwhosemembersareinvolvedinhumanitarian,development,environmental and
advocacy work.

`Our Shared Faith and Calling`

MicahmembersareChristianswhoarecalled,invariousways,tousherintheabundantlifethatJesus Christ
offers all people.

`Our Values`

Micah members commit to the following values, taken from our naming verse, Micah 6:8:
o Acting justly

o Loving mercy
o Walking humbly with our God

`Our Vision`

An inspired and collaborative Christian faith creating a just, compassionate and sustainable world.

`Our Mission`

In contributing to the attainment of our vision, Micah focuses on the following 3 areas of network activity:
1. Strengthening members' work and collaboration within a missional framework.

2. Strengthening the Church for acts of justice and mercy.

3. Advocating against issues causing poverty, marginalisation, conflict and environmental crises.

`Strategic Focus Areas 2024 - 2026`

`1. Micah's Network Ecosystem`

Sustainingavibrantnetworkecosystemwheremembersareactiveinthematicandcountrygroups; online
andonsiteforums;theonlinehubnetworkingplatform.(NOTE:Thismayincludeanythemesrelated to
humanitarian, development, environmental and advocacy work that members are engaged in.)

`2. Local Humanitarian Response`

Strengtheningthecapacityofmembersandothercollaborators(includingchurches)throughlearning and
joint action, enabling increasingly localised humanitarian responses.

`3. Global and Local Advocacy`

Strengthening the role of members in advocacy and running global and local campaigns.

`4. Theological Reflection & Learning`

Connectandbuildthecapacityofmemberstheologically.Identify,joinandstrengthenexisting theological
groups and conversations related to holistic mission. If necessary, start new conversations.

Page 1

The Micah Network

`Report of the Trustees for the Year Ended 31 December 2024`

`OBJECTIVES AND ACTIVITIES`

`Strategic Focus Area Activities for 2025`

1. 1. Micah's Network Ecosystem, Goals 2025:

1.2MicahHub-Migrate100%ofmembersontotherelaunchedMicahHubandutilisethehubasthe primary
point of contact, communication and engagement for members.

1.3Country&RegionalGroups-Identifycountryconveners,activateandlaunch5countrygroups and
conductthreeregionalConnectsby31December2025,guidedbyarevisedandformalisedCountry and
Regional Group Guide.

1.4Forums-Identifyrelevanttopicsandpresentersandconduct28forumstoempowermembersand enrich
their network experience by 31 December 2025.

1.5ThematicGroups-StrengthenHumanitarianResponse,AdvocacyandRenewourWorldGroups, and
activate at least two new groups in 2025, including trafficking and children groups.

`2. Local Humanitarian Response, Goals 2025:`

2.1HumanitarianResponseForumand Training- TheHumanitarianResponse(HR) SteeringGroupto agree and
oversee the delivery of online and onsite HR training and other forums.

2.2OnlinecollaborationaroundHumanitarianResponse-IncreaseHumanitarianResponse Group
engagementandcollaborationonMicahHub(Micahmembers'networkingplatform).UtiliseMicahHub as
the go-to place for HR conversations, information sharing and storing learning resources for members.

2.3Collaborationwithmemberorganisation-Explore1-yearpartnershipagreementandworkplan with
Integral Alliance as the basis for an ongoing partnership.

`3. Global and Local Advocacy Goals 2025:`

3.1Part-timeCoordinator-Recruitapart-timeAdvocacyCoordinatoraspartoftheMicahSecretariat to
support the growth of the Micah Advocacy Thematic Group.

3.2Forums-Identifyrelevanttopicsanddeliveronlineandonsitetrainingandotherforumsasagreedby the
Micah Advocacy Steering Group.

3.3OnlinecollaborationaroundAdvocacy-IncreaseHumanitarianResponseGroupengagement and
collaborationonMicahHub(Micahmembers'networkingplatform).UtiliseMicahHubasthego-toplace for
advocacy conversations, information sharing and storing learning resources for members.

3.4PlansforGlobalAdvocacyCampaignsin2025-DevelopplansandlaythefoundationforaMicah global
campaign to be launched in February 2025.

`4. Theological Reflection and Learning Goals 2025:`

4.1MicahTheologyGroup-IdentifykeycontributorsandstakeholdersandformtheMicahTheology Thematic
Group, defining the scope, objectives and plans for 2025.

4.2Onsiteandonsiteevents-Hostvariousconversationandlearningeventsformembersinterested in
theological reflections.

4.3OnlinecollaborationaroundTheology-IncreaseTheologyGroupengagementandcollaboration on
MicahHub(Micahmembers'networkingplatform).UtiliseMicahHubasthego-toplacefor theology
conversations, information sharing and storing learning resources for members.

`5. Organisational Support`

Inadditiontothe4deliverygoalsmentionedabove,thereareorganisationssupportfunctions (strategic
enablers) are also receiving attention:

Page 2

The Micah Network

`Report of the Trustees`

`for the Year Ended 31 December 2024`

`OBJECTIVES AND ACTIVITIES`

5.1MarketingandFundraising-raisetheprofileofMicahwithinourexistingmembership,andoutsideof the
network.Identifybothindividualsandgrantmakingbodieswhoshareourvaluesandsupportouraims who
can give financially either on a one off or regular basis.

5.2Secretariatdevelopment-developourcurrentSecretariatteamthroughtrainingopportunities, carrying
outregularstaffappraisalsandprovidingtheopportunityforongoingfeedback.Monitorstaffinglevels to
ensure the correct balance of skills and availability to be efficient and effective.

5.3Boarddevelopment-ensureaneffectiveandinspiredBoardthatprovidestheguidanceand support
requiredbytheSecretariat.Reviewthenumber,skillsandmixofBoardmemberstoensure adequate
representationofgender,expertiseandgeographicallocation.Identifytrainingrequirementsand consider
succession planning.

`Network Structures`

During2021and2022,extensivechangesweremadetothenetworkstructuresofMicahGlobal,building on
ourcommitmenttobemember-led,digitallyenabled,andanetworkratherthanamovement.In2023, this
resulted in the following network structures being agreed:

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1. Micah Forum s which are online or onsite spaces of any duration where members meet. There are three types of Forums: Micah Connect, Micah Learn and Micah Chapel.

2. Micah Groups which may be geographic (comprising Regional Groups, Country Groups and Local Chapter) and thematic groups on any topic of interest to a group of members (e.g. humanitarian response, advocacy, disability in clusion, anti-human trafficking).

3. Micah Hub which is the online platform for Micah members to share news, resources, have conversations, find one another and connect to the activities of Forums and Groups.

Micah is governed by a Board of members and facilitated by a Secretariat.

Page 3

The Micah Network

`Report of the Trustees`

`for the Year Ended 31 December 2024`

`ACHIEVEMENT AND PERFORMANCE`

`Network Activities 2024`

Below are activities that were implemented in 2024.

`Forums`

2024 saw the continuance of online and onsite member gatherings, as defined in the strategy above.

`Micah Connect`

MicahConnectisformemberstoconnect,network,pray,discuss,and"situnderatreetogether"and explore
questionsthatmatterto members.5 x MicahConnectforumstookplaceduring2024.(not includingthe Micah
Connects for Lausanne).

MicahConnectNorthAmerica:11June2024ThisConnectwasheldatEasternUniversity,Philadelphia and
wasattendedby 23delegates.Thepurposewasan initial,exploratoryon-sitemeetingofmembers (facilitated
bytheMicahSecretariat)todiscernawayforwardinexploringthepossibilityandpurposeofadefined North
America Region within Micah, and of USA and Canada Country Groups.

Theparticipantsweredividedinto4groupstodiscussthequestion,"Howdo weseeSolidarity,Learning, Action
and Reach playing out in the North American context?"

Membersinattendanceagreedtoforma workinggrouptocarryforwardthediscussionsanddevelopment of
MicahConnectNorthAmerica.ArepresentativefromWheatonCollege,WorldReliefandWilliam Carey
InternationalUniversityagreedtobeontheworkinggroup.DeborahHancoxoftheMicahSecretariatwill help
to coordinate the activities of this group.

MicahConnectAsiaforHumanitarianResponse:11-13November2024ThisonsiteConnectheld in
Kathmandu,Nepal,waswellattendedbybothlocalNepalesemembersandpartners,and75 international
delegatesfrom17countries.Plenaryspeakersfortheeventcamefromthefollowingorganisations:Food for
theHungry(Indonesia),ARochaInternational(India)andAsiaPacificBaptistAid(SriLanka). Participants
expressedpositivefeedback,particularlyregardingthefieldvisitsandtheconfidencegainedbythe Nepal
teaminorganizinganinternationalevent.TherewassuccessfulcollaborationamongNepalcountry group
membersandtheMicahSecretariat.Thefinancialoverviewshowedthattheeventnearlybrokeeven,with a
minor$400deficitcoveredbycontributionsfromNepalcountrygroupmembersandfinancialsupport from
international delegates.

Lookingahead,plansincluderevitalizingsub-regionalnetworks,promotingsharedlearnings, inviting
participantstojointheIntegralMissionForum,andorganizingthenextAsia Connectevent.Actionitems were
assignedtofacilitatenetworkingbetweencountryconvenersandestablishinganAsiasteeringgroup to
ensure continued collaboration.

`Micah Chapel`

MicahChapelisa placetowithdrawfromthebusynessofworklifetosharetestimonies,meditateon scripture,
reflect, pray and worship together. 10 x Micah Chapel forums took place in 2024.

`Micah Learn`

MicahLearnistheplacewheremembersgathertolearnfromoneanotherandfromoutsidespecialists on
topicsrelatedtorelief,development,careandadvocacy.Thismaytaketheformofastructured course
offering,ormoreinformalandinteractivepeer-to-peerlearning.5MicahLearnforumstookplacein2024 (4
were facilitated by the HRTG).

`Groups`

`Country Groups`

CountryGroups,representingthecontinuedevolutionofwhatusedtobecalledNational Expressions,
continuedtobedefined.CountryGroupConvenersinAfricametonlineonseveraloccasionstodiscuss their
respectivecountrygroups.CountrieswithnamedMicahConvenersinAfricaincludeKenya,Tanzania, Burundi,
Rwanda,DRC,Zambia,SouthAfrica,Cameroon,NigeriaandCoted'Ivoire.CountriesinAsiawith named
conveners include Pakistan, Nepal, India, Bangladesh, Sri Lanka, Singapore and the Philippines.

`Regional Groups`

Africagroupwasformedin2023andhadregularmeetingsthroughout2024,workingonmattersof common
interest. Conversations about Europe, Asia, Latin America and North America are taking place.

Page 4

The Micah Network

`Report of the Trustees for the Year Ended 31 December 2024`

`Thematic Groups`

ThematicGroupsrepresenttheprimaryareasoffocusofMicahGlobalmembers.Theseinclude humanitarian
response,development,creationcareandadvocacy.Itisenvisagedthateachofthesefourareas will
develop member-led, Secretariat coordinated Thematic Groups.

`Micah Hub`

TheMicahNetworkingPlatformwaslaunchedin2022asapurelyonlineForumwherememberscanfind and
connectwithoneanother.Theycanmakethemselvesknown,bringcontributionsofvariouskinds, and
interact.Itistheplacewherenews,events,resourcesandotherinformationissharedandfrom where
thematicandcountrygroups,networkforumsandmembereventscanbeeasilyaccessed.Bytheend of
2024, there were 470 member individuals registered as users on the platform.

`Membership`

In2024,Micahhadapproximately293activememberorganisationsand130individualmembersacross all
continents.Inthesameyear,MicahGlobalwelcomed31newmembers:20organisationalmembersand 11
individual members, from 18 different countries.

Membershipdatahasbeenmigratedontoasinglemembershipdatabasesystem/platformtoallow for
secureandtimelyinformationmanagement.Themembershipdatabasecurrentlyhas1,173contacts listed
who are in member organisations.

`FINANCIAL REVIEW`

`Financial Review`

During the year the charity received total income of £184,160 (2023: £93,301).
During the year the charity's total expenditure was £160,570 (2023: £145,098).

Cash flow was monitored throughout the year and reported to the Board monthly.

Anannualbudgetismadeeachyearbasedpartlyonthepreviousyear'sincomeandexpected member
subscriptionsanddonations.A levelofriskisalwayspresentasourmembershipmaychange,and subscription
invoicesmaynotbepaid.Ourreservespolicyoffersadegreeofprotectionalongwiththeacceptance to
membershipofnewmembersandtheongoinggenerosityofexistingmembers(especially individuals).
Monthly financial reports are sent to the Board and are regularly reviewed against budget for the year.

Despitereportinga goodlevelofincome,2024wasa difficultyearfinancially,andMicahendedtheyear with
fundswellbelowitsreservespolicytargetof£30,000.Themaincauseofthiswasitsmembersalsohaving a
challengingyear.Asthisfinancialunderperformanceemerged,expenditurecutswereimplemented. The
2025budgethasbeenconfiguredtoensurethatthefundspositionmakesprogressduring2025towards the
reservespolicytarget.Inaddition,itisplannedtoincreaseitsfundraisingactivitiesbeyondour annual
membercontributionstoallowustoexpandourNetworkactivityanddevelopnewinitiativessuch as
additional Thematic and Country groups. Some of these activities will require additional fundraising.

Micahwouldliketotakethisopportunitytothankeveryoneinvolvedfortheirgenerosityandsolidarity around
the Micah vision.

`Reserves policy`

Thecharityaimstohavesufficientreservestobeabletorespondtoneedsastheyarisebutotherwiseaims to
passonfundsasquicklyaspossible.Duetotheclassificationofsomeofourincomeandgrantfunding as
restrictedfundsin2024,weendedtheyearwithabalanceonourunrestrictedfundsof£3,351.Our reserve
policycommitmentisforasurplusof£30,000andduring2025wewillmonitorthiscloselyandworkto increase
this balance back to our reserve policy target.

Page 5

The Micah Network

`Report of the Trustees for the Year Ended 31 December 2024`

`FINANCIAL REVIEW`

`Risk Assessment`

Thecharityhasinternalcontrolsthatprovidereasonableassuranceagainsterrorsorloss.TheTrustees also
considertheriskassessmentforthecharityandaresatisfiedthatallsignificantriskshavebeen considered
together with prudent mitigation measures and action points and this assessment is regularly reviewed.

`Public Benefit`

TheTrusteeshaveconsideredtheguidanceprovidedbytheCharityCommissionregardingpublicbenefit and
theworkofthecharity.ItistheiropinionthatTheMicahNetworkhasfulfilleditspublicbenefitrequirement for
theyearbycontinuingtooperatewithinitscharitableobjectives:providinganetworkforindividuals and
organisationsoperatingacrosstheglobeintheareasofhumanitarianresponse,development,creation care
and advocacy

`STRUCTURE, GOVERNANCE AND MANAGEMENT`

`Structure, Governance and Management`

ThecompanyisaRegisteredCharitynumber1103048andislimitedbyguarantee.Itoperatesas Micah
Globalandisknownbythatname.Thecompanynumberis4669640.Thegoverninginstrumentis the
Memorandum and Articles of Association.

ThecharityisgovernedbyaBoardofTrusteesandasmallerExecutiveCommittee(madeupof3 Board
membersandtheGlobalDirector)whomeetregularlythroughouttheyear.Newtrusteesareappointed by
voteoftheexistingtrustees.TheBoardmet6times,andtheExecutivemet12timesduring2024;minutes are
kept of each meeting.

DaytodaymanagementofthecharityisprovidedbyaSecretariatofsixstaffwithanFTEof3.1 (December
2024):GlobalDirector,OperationsDirector,MembershipCoordinator,HumanitarianResponse Coordinator,
CommunicationsManagerandFinanceandComplianceOfficer.TheSecretariatismadeupof employees
and contractors. The Global Director is part of the Executive Committee and is invited to Board meetings.

`REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number`

04669640 (England and Wales)

`Registered Charity number`

`Registered office`

Unit 3
Birtley Courtyard
Bramley
Surrey
GU5 0LA

`Trustees`

`Trustees`
`Ms C MacMillan (Canadian): Chair`	`S K Nyaga (Kenyan)`
`E-L Chng (Singaporean)`	`R Perez (Peruvian)`
`S DiPasquale (American)`	`Ms R Valerio (British) (resigned 13 January 2025)`
`M Moraes (Sri Lankan) (appointed 12 March 2024)`	`P Wilkerson (Australian)`
`A D Boul (British): Secretary and Treasurer (resigned 12 May 2025)`

`Company Secretary`

A D Boul

Approved by order of the board of trustees on 12 May 2025 and signed on its behalf by:

C MacMillan - Trustee

Page 6

Independent Examiner's Report to the Trustees of
The Micah Network

`Independent examiner's report to the trustees of The Micah Network ('the Company')`

IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended
31 December 2024.

`Responsibilities and basis of report`

Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)you are
responsibleforthepreparationoftheaccountsinaccordancewiththerequirementsoftheCompanies Act
2006 ('the 2006 Act').

HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16of the
2006Act andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyour charity's
accountsascarriedoutunderSection145oftheCharitiesAct2011('the2011Act').Incarryingout my
examinationIhavefollowedtheDirectionsgivenbytheCharityCommissionunderSection145(5)(b)of the
2011 Act.

`Independent examiner's statement`

Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnection with
the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.

Andrew Skilton, ACA

12 May 2025

Page 7

`The Micah Network`

`Statement of Financial Activities for the Year Ended 31 December 2024`

`Unrestricted` `fund` `Notes` `£` `INCOME AND ENDOWMENTS FROM` `Donations and legacies` `123,819` `Other income` `2,265` `Total` `126,084` `EXPENDITURE ON` `Charitable activities` `Charitable` `135,378` `NET INCOME/(EXPENDITURE)` `(9,294)` `RECONCILIATION OF FUNDS` `Total funds brought forward` `12,645` `TOTAL FUNDS CARRIED FORWARD` `3,351`	`Restricted` `funds` `£` `51,263` `6,813` `58,076` `25,192` `32,884` `-` `32,884`	`2024` `Total` `funds` `£` `175,082` `9,078` `184,160` `160,570` `23,590` `12,645` `36,235`	`2023` `Total` `funds` `£` `91,256` `2,045` `93,301` `145,099` `(51,798)` `64,443` `12,645`

The notes form part of these financial statements

Page 8

The Micah Network

`Balance Sheet`

`31 December 2024`

Unrestricted
Restricted
fund
funds
Notes
£
£
CURRENT ASSETS
Debtors
5
1,056
-
Cash at bank and in hand
5,245
32,884
6,301
32,884
CREDITORS
Amounts falling due within one year
6
(2,950)
-
NET CURRENT ASSETS
3,351
32,884
TOTAL ASSETS LESS CURRENT LIABILITIES
3,351
32,884
NET ASSETS
3,351
32,884
FUNDS
7
Unrestricted funds
Restricted funds
TOTAL FUNDS 2024
2023
Total
Total
funds
funds
£
£
1,056
977
38,129
14,548
39,185
15,525
(2,950)
(2,880)
36,235
12,645
36,235
12,645
36,235
12,645
3,351
12,645
32,884
-
36,235
12,645

ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct 2006 for
the year ended 31 December 2024.

Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable
companies subject to the small companies regime.

ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon12May2025 and
were signed on its behalf by:

C MacMillan - Trustee

The notes form part of these financial statements

Page 9

The Micah Network

Notes to the Financial Statements
for the Year Ended 31 December 2024

`1. ACCOUNTING POLICIES`

`Basis of preparing the financial statements`

Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS 102,
havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReporting by
Charities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccounts in
accordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland (FRS
102)(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCompaniesAct2006.Thefinancial statements
have been prepared under the historical cost convention.

`Income`

All incomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementto the
funds, it is probable that the income will be received and the amount can be measured reliably.

`Expenditure`

Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswill be
requiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is
accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost
relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have
been allocated to activities on a basis consistent with the use of resources.

`Taxation`

The charity is exempt from corporation tax on its charitable activities.

`Fund accounting`

Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.

Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted
purposes.

Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.

`2. TRUSTEES' REMUNERATION AND BENEFITS`

Therewerenotrustees'remunerationorotherbenefitsfortheyearended31December2024nor for
the year ended 31 December 2023.

`Trustees' expenses`

Therewerenotrustees'expensespaidfortheyearended31December2024norfortheyear ended
31 December 2023.

`3. STAFF COSTS`

The average monthly number of employees during the year was as follows:

	`2024`	`2023`
`Staff`	`4`	`4`

No employees received emoluments in excess of £60,000.

continued...

Page 10

The Micah Network

`Notes to the Financial Statements - continued for the Year Ended 31 December 2024`

`4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`

		`Unrestricted`	`Unrestricted`	`Restricted`	`Restricted`	`Total`
		`fund`		`funds`		`funds`
		`£`		`£`		`£`
	`INCOME AND ENDOWMENTS FROM`
	`Donations and legacies`	`80,915`		`10,341`		`91,256`
	`Other income`	`2,045`			`-`	`2,045`
	`Total`	`82,960`		`10,341`		`93,301`
	`EXPENDITURE ON`
	`Charitable activities`
	`Charitable`	`108,446`		`36,653`		`145,099`
	`NET INCOME/(EXPENDITURE)`	`(25,486)`		`(26,312)`		`(51,798)`
	`RECONCILIATION OF FUNDS`
	`Total funds brought forward`	`38,131`		`26,312`		`64,443`
	`TOTAL FUNDS CARRIED FORWARD`	`12,645`			`-`	`12,645`
`5.`	`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`
				`2024`		`2023`
				`£`		`£`
	`Prepayments and accrued income`			`1,056`		`977`
`6.`	`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`
				`2024`		`2023`
				`£`		`£`
	`Accruals and deferred income`			`2,950`		`2,880`
`7.`	`MOVEMENT IN FUNDS`
				`Net`
				`movement`		`At`
		`At 1.1.24`		`in funds`		`31.12.24`
		`£`		`£`		`£`
	`Unrestricted funds`
	`General fund`	`12,645`		`(9,294)`		`3,351`
	`Restricted funds`
	`Micah Hub`		`-`	`3,616`		`3,616`
	`Renew Our World`		`-`	`29,268`		`29,268`
			`-`	`32,884`		`32,884`
	`TOTAL FUNDS`	`12,645`		`23,590`		`36,235`

continued...

Page 11

The Micah Network

`Notes to the Financial Statements - continued for the Year Ended 31 December 2024`

`7. MOVEMENT IN FUNDS - continued`

Net movement in funds, included in the above are as follows:

`Unrestricted funds` `General fund` `Restricted funds` `Micah Thematic Group` `Micah Hub` `Renew Our World` `Augustine Fellowship` `TOTAL FUNDS`	`Incoming` `Resources` `Movement` `resources` `expended` `in funds` `£` `£` `£` `126,084` `(135,378)` `(9,294)` `5,982` `(5,982)` `-` `15,158` `(11,542)` `3,616` `30,123` `(855)` `29,268` `6,813` `(6,813)` `-` `58,076` `(25,192)` `32,884` `184,160` `(160,570)` `23,590`

`Comparatives for movement in funds`

`Unrestricted funds` `General fund` `Restricted funds` `Restricted` `TOTAL FUNDS` `Comparative net movement in funds, included in the above ar` `Unrestricted funds` `General fund` `Restricted funds` `Restricted` `TOTAL FUNDS`	`Net` `movement` `At` `At 1.1.23` `in funds` `31.12.23` `£` `£` `£` `38,131` `(25,486)` `12,645` `26,312` `(26,312)` `-` `64,443` `(51,798)` `12,645` `e as follows:` `Incoming` `Resources` `Movement` `resources` `expended` `in funds` `£` `£` `£` `82,960` `(108,446)` `(25,486)` `10,341` `(36,653)` `(26,312)` `93,301` `(145,099)` `(51,798)`

continued...

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The Micah Network

`Notes to the Financial Statements - continued`

`for the Year Ended 31 December 2024`

`8. RELATED PARTY DISCLOSURES`

There were no related party transactions for the year ended 31 December 2024.

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