REGISTERED COMPANY NUMBER: 09067852 (England and Wales)
REGISTERED CHARITY NUMBER: 1158476
Report of the Trustees and
Audlted Flnanclal Statements for the Year Ended 30th June 2024
The Jerusalem and the Mlddle East Church
A￿ocIatIOn
la company Ilmlted by guarantee
admlnlstered by the Jerusalem andthe
East Misslon Trust Llmlted)

The Jerusalem and the Middle East Church
Association
la company limited by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Contents of the Financial Statements
for the Year Ended 30th June 2024
Page
Report of the Trustees
Report of the Independent Audltors
8 to 10
Statement of Flnanclal Actlvlties
li
Balance Sheet
12 to 13
Notes to the Flnanclal Statements
14 to 26
Detalled Statement of Flnanclal Actlvltles
27

The Jerusalem and the Middle East Church
Association
(a company limited by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Report of the Trustees
for the Year Ended 30th June 2024
The trustees who are also the directors of the Charity for the purpose5 of the Companies Act 2006, present their
report with the financial statements of the Charity for the year ended 30th June 2024. The trustees have adopted the
provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 1021 (effective 1st January 2019).
OBJECTIVES AND ACTIVITIES
Obhectlves and alms
The Charitable Company was formed with the objective of taking over the activities of The Jerusalem and the Middle
East Church Association {JMECAI (registered charity 2487991.
The object of the Charitable Company, as defined in the Articles of Ass¢xiation las amended by special resolution
dated 25th November 20201, is to benefit the public by encoura8ing support in prayer, money and personal service
for the religious and other charitable work of the Episcopal Church of Jerusalem and the Middle East and the
Eplscopal/Anglican Province of Alexandria in communion with the See of Canterbury,
In pursuance of the object the Charitable Company may malntaln the Cathedral Church and the Close of Saint George
the Martyr in Jerusalem and its ancillary buildln8s and may promote theological study in the Middle East and by the
churches, mlnisters in any country,
Following a review of the strategic objectives of the Jerusalem and the East Mission Trust, the directors, who are also
trustees of the Charitable Company, established the following objectives for the period 2022 - 2027..
l. Hold and administer property for the benefit of the dioceses
2. Hold, invest and administer funds for the benefit of the dioceses
3. Develop effective partnerships and promote knowledge about and prayer for the life of the dioceses
4. Maintain excellent governance and working arrangements
On 21st May 2020 the Diocese of Egypt with North Africa and the Horn of Africa wa5 formally inaugurated as the
autonomous Province of Alexandria. The Diocese5 of Jerusalem, Cyprus and the Gulf and Iran continue to make up the
Province of Jerusalem and the Middle East.
The trustees have changed their policy regarding the timing of the calculation and payment of annual grants
compared to previous years. In the past, annual grants were calculated based on the investment income receivable up
to 31st March in a financial year together with an estimate of the income expected to 30th June. For the year ended
30th June 2024 and subsequent years, grants will be based on the actual investment incorne receivable to 30th June
and will be agreed by the trustees at a trustees, meeting following the end of the accounting year. As these grants will
not have been approved by the trustees at the end of the financial year they do not appear as a creditor in the
accounts.
One of the main criteria used by the trustees in measuring the success of the charity in a year against the objettives
set is whether the charity has maintained or increased the level of grants paid to the three dioceses that make up the
Episcopal Church of Jerusalem and the Middle East and the four dioceses that make up the Episcopal/Anglican
Province of Alexandria. As mentioned above, no grants have been made in the year from investment income or
general unrestricted donations. Although the overall level of grant has still increased there are special factors affecting
this which are explained further in the Financial Review section of this report.
Page I

The Jerusalem and the Middle East Church
Association
(a company limited by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Report of the Trustees
for the Year Ended 30th June 2024
Publlc Benefit
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance
on public benefit when reviewing the aims and objectives of the Charity in planning future activities and in setting the
grant making policy for the year. In particular the trustees consider how planned activities will contribute to the aims
and objective5 that have been set.
ACHIEVEMENT AND PERFORMANCE
The Charity has endeavoured to maintain the awareness of the Charity's supporters through the issue of their
publication 'Bible Lands,, other specifically designed publicity materials and a website. The work of the
communications consultant has significantly enhanced the information available concerning the activities within the
two provinces.
The Charity supports the three dioceses that make up the Episcopal Church of jerusalem and the Middle East and the
four dioceses that make up the EplscopallAnglican Province of Alexandria by the making of grants from donations
received and Investment income.
The Charlty also acts as a way for interested organisations and individuals lo make donations to specific organisation5
and projects within the provlnces.
FINANCIAL REVIEW
Investment
Investment Powers
The tru5tees' power is governed by the Trustee Act 2000. This confers a general power of investment and requires the
trustees to invest in a diversified range of suitable instruments.
Investment Objectives
The investment objectives are
al to generate a sustainable income stream year on year which maintains its current purchasing power,
bl to at least maintain the capital value of the investments over the long.term.
Risk Tolerance
The trustees place a high priority on maintaining the real value both of the investments and the income returns over
the long-term while recognizing that at times achieving this will mean acceptin8 short or medium term declines In
capital value andlor income available for distribution,
Ethical and Socially Responsible Investment
The trustees have reviewed their investment policy with regard to the Charity Commission's guidance on ethical and
responsible investment.
The trustee5 recognize and approve the CBF funds manager's policy of investing only in investments that conform to
the Church of England's 'Ethical Investment Advisory Group, IEIAGI guidelines, with particular sensitivity relating to
investments in the occupied Palestinian territories.
Performance
Investment income, including deposit account interest, has decreased by 1.4% compared to the previous year, this is
primarily due to the transfer of the investments held on behalf of Holy Trinity Church, Algiers from the charitable
company to St. Mary's Waqf a5 mentioned in note 6 to the financial statements. The value of the investments ha5
decreased by 8.8Yg over the year, again this was primarily due to the transfer to St. Mary's Waqf of investments
relating to Holy Trinity Church, Algiers with a market value of £663,598 at the date of transfer. In addition,
investments held on behalf of the Diocese of Iran were sold for £30,000 to finance expenses paid on behalf of the
diocese.
Page 2

The Jerusalem and the Middle East Church
Association
(a company limited by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Report of the Trustees
for the Year Ended 30th June 2024
FINANCIAL REVIEW
Flnanclal revlew
Income from all donations increased by 727.2% compared to the previous year. This, however, was almost entirely
due to appeals for the Al Ahli Hospital, Gaza and the Archbishops, joint appeal for the Diocese of Jerusalem. which
raised £145.309 and £97,773 respectively. Unrestricted donations increased by 137.4%. The Charity received no
unrestricted legacies in the year ended 30th June 2024 and one legacy of £5,000 restricted for the Archbishops,
Appeal12023.' one unrestricted legacy of £5001. A need to preserve and enhance the capital base of invested funds in
order to maintain the level of support provided each year throughout the Provinces of Jerusalem and the Middle East
and Alexandria continues. This need determines the amount of grant expenditure authori5ed by the trustees, which
for the current year totalled £293,839 an increase of 17.5% compared with the previous year. Of the grants payable,
however, £243,082 related to the specific appeals for the Diocese of Jerusalem, as following the change in policy for
the timing of grants, no grants were made from investment income or general donations in the year other than a
number of travel grants from the Bishop Cragg Fund. The management service charge totalled £35,725 12023:
£41,275). In March 2023 the charity engaged the servlces of 3 communications consultant to raise the awareness of
the work of the charity within the two provinces, fees and expenses paid to the consultant amounted to £7,380 in the
year ended 30th June 2024 12023.. £3,372). The cost of raisin8 funds increased to £12,776 2023.. £10,210) this
however, included additional fees charged by The Jerusalem and the East Mission Trust Limited in connection with the
appeals for the Diocese of Jerusalem. Net outgoing resources for the year totalled £597,35912023'. £130,588), thls,
however, is after taking into account the transfer of funds to St Mary's Waqf amounting to £684,930.
Further details of grants payable are shown in the financial statements.
Reserves
The trustees take the view that the aim should be to fulfil the Charity's objects over the long-term, The experience of
the trustees is that the Province of Jerusalem and The Middle East and the Province of Alexandria expect both to
receive a regular annual grant at a sustained level and from time to time to call upon the Charity for additional and
urgent funding, and it is the policy of the trustees, within the terms of the Charity, to maintain reserves at an
adequate level to support these two needs. While keeping the level of resources under constant review, the trustees
consider the current level to be prudent for thls purpose.
In the opinion of the trustees the finances of the Charity are adequate to enable it, with prudent management, to
continue to carry out their charitable objectives.
The unrestricted reserves of the charity as at 30th June 2024 were £2,244,683 {2023'. £2,057,644), restricted reserves
were £2,293,82012023: £2,801,8791,
Page 3

The Jerusalem and the Middle East Church
Association
la company limited by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Report of the Trustees
for the Year Ended 30th June 2024
PRINCIPAL RISKS AND UNCERTAINTIES
The principal risks facing the charity are a loss of investment income and in the long term a significant reduction in the
capital value of the investments,
These rlsks are managed by investing the charity's funds in the CBF Church of England Investment Fund (both income
and accumulation shares), the CBF Church of England Property Fund and the CBF Church of England Deposit Fund.
The CBF Church of England Investment Fund is an attively managed, diversified international portfolio of assets
designed to help protect both present and future beneficiaries from the effects of excesslve market volatility and
inflation.
The CBF Church of England Property Fund is an actively managed. diversified portfolio of principally UK commercial
property.
The CBF Church of England Deposlt Fund offers a high level of capital security and a competltive rate of 5nterest.
FUTURE PLANS
The Charity aims to continue to support the dioceses which make up the Episcopal Church of Jerusalem and the
Middle East and the Episcopal/Anglican Province of Alexandria both financially and by raising awareness of the wider
needs of the Christian community within the Middle East. Thls will be achieved by continuing to maintain the level of
grant to the dioceses and province and by raising issues in Bible Lands and directly with relevant partie5.
STRucfuRE, GOVERNANCE AND MANAGEMENT
Governln8 document
The Charitable Company Is governed by its amended Memorandum and Articles of Association adopted on 25th
November 2020.
The trustees of the Charity and the directors of the Charitable Company are the director5 for the time being of The
Jerusalem and the East Mission Trust Limited.
To assist the trustees In the performance of their duties the council ol the Charity is comprised of the trustees
together with the patron, presidents, vice-presidents together with up to twelve additional co-opted members The
council acts solely in an advisory capacity and any decisions taken at meetings of the council shall not be binding on
the trustees.
The directors met five times during the year to consider the overall policy of the Charity and the level of grants to be
paid.
Following a review of the objectives of the charity and the methods used to fulfil those objectives, the Directors of the
Jerusalem and the East Mission Trust, who are the trustees of the Charity, resolved to form two working committees
to assist in the administration of the Charity. They are The Resources and Governance Committee and The
Communications Group, and are made up of directors and consultants of the Jerusalem and the East Mission Trust
and the Administrator. The committees will make recommendations to the directors of the Jerusalem and the East
Mission Trust to take forward the objectives of the Charity.
The Jerusalem and the Middle East Church Association is one of five charities administered by this trust company
which was formed to administer charities and their funds whose objects are to support and advance the work of the
Episcopal Church of Jerusalem and the Middle East and the Episcopal/Anglica n Province of Alexandria. The other four
charities administered by this trust company are St Mary's Waqf, Trust Property held in connection with the Episcopal
Church in Egypt. The Arthur Jones Travel Bursary Trust and The Jerusalem Bishopric Fund.
Page 4

The Jerusalem and the Middle East Church
Association
(a company limited by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Report of the Trustees
for the Year Ended 30th June 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Recruitment, appointment, induction and training of newtrustees
New trustees and members of the council are appointed or invited to serve in accordance with the constitution when
vacancies arise. New members are provided with information on the work of the Charity. The secretary of the councll
and the existing trustees of the Charity ensure that all relevant aspetts of charity law are drawn to the attention of
trustees.
The policy for recruitment and training for directors of The Jerusalem and the East Mission Trust Lirnited is as follows:
New director5 are recommended to fill vacancies by existing directors, bishops of the provinces or others closely
associated with the Charity's activities, Prospective directors are interviewed by the chair and other directors as
appropriate and details including full Cvs are submitted to the board for approval, Prospective directors are given an
introduction to the work of the Charity and information on the role of trustees and charity law. Charity Commission
publications are regularly distributed to the directors.
Rlsk management
As required by the Charity Commisslon, the trustees regularly undertake reviews of any significant r5sks to the
charitable company to ensure that appropriate mitigation policies exist.
REFERENCE AND ADMINISTRATIVÉ DETAILS
Registered Company number
09067852 (England and Wales)
Registered Charlty number
1158476
Reglstered offlce
l Hart House
The Hart
Farnham
Surrey
GU9 7HJ
Trustees
Rt Rev A J Ball (Chairl
J M Clark
Rev Canon Dr W H Taylor Iresigned 2.12.23
D A Wright
J G Pringle (resigned 29.11.231
Dr C Amos
Rev Canon Dr M l Rhodes (resigned 29.11.23}
Revy Said
Rev C M Dawkins
CA Hawkey
Company Secretary
S A Eason
Page 5

The Jerusalem and the Middle East Church
Association
(a company limited by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Report of the Trustees
for the Year Ended 30th June 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Auditors
Sheen Stickland
Chartered Accountants
Statutory Auditors
2 Oriel Court
Omega Park
Alton
Hampshire
GU34 2YT
Legal Advlsers
Winckworth Sherwood LLP
Arbor
255 Blackfriars Road
London
SEI 9AX
Investment Managers
CCLA Investment Management Limited
One Angel Lane
London
EC4R 3AB
EVENTS SINCE THE END OF THE YEAR
Information relating to events since the end of the year Is given in the notes to the flnancial statements.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees (who are also the directors of The Jerusalem and the Middle East Church Association for the purposes of
company lawl are responsible for preparing the Report of the Trustees and the financial statements in accordance
with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair
view of the state of affair5 of the charitable company and of the incoming resources and application of resources,
including the income and expenditure. of the charitable company for that period. In preparing those financial
statements, the trustees are required to
select suitable accounting policie5 and then apply them consistently;
observe the methods and principles in the Charity SORP;
make judgements and estimates that are reasonable and prudent,.
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any
time the financial position of the charitable company and to enable them to ensure that the financial statements
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company
and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 6

The Jerusalem and the Middle East Church
Association
la company limlted by guarantee
administered by the Jerusalem and the
East Mission Trust Lbmited)
Report of the Trustees
for the Year Ended 30th June 2024
STATEMENT OF TRUSTEES, RESPONSIBILITIES- contlnued
In so far as the trustees are aware-
there is no relevant audit information of which the charitable company's auditors are unaware,. and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit
information and to establish that the auditors are aware of that information.
AUDITORS
The auditors, Sheen Stickland, will be proposed for re-appointment at the forthcoming Annual General Meeting.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Ad 2006 relating
to small companies,
Approved by order of the board of trustees on
and signed on its behalf by:
Rt Rev
ustee
Page 7

Report of the Independent Auditors to the Trustees of
The Jerusalem and the Middle East Church
Association
Oplnlon
We have audited the financial statements of The Jerusalem and the Middle East Church Association (the 'charitable
company'l for the year ended 30th June 2024 which comprise the Statement of Financial Activities, the Balance Sheet
and notes to the financial statements, including a summary of significant accounting policies. The financial reporting
framework that has been applied in their preparation 15 applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
give a true and fair view of the state of the charitable company's affairs as at 30th June 2024 and of its incoming
resources and application of resources, including its income and expenditure, for the year then ended.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice,. and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basls for oplnlon
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law.
Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the
financial statements section of our report. We are independent of the charitable company in accordance with the
ethical requirements that are relevant to our audit of the financial staternents in the UK, including the FRC'S Ethical
Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe
that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relatlng to golng concern
In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting
in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not Identified any material uncertaSnties relatin8 to events or
conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue
as a going concern for a period of at least twelve months from when the fina ncial statements are authorised for issue.
Our responslbllities and the responsibilities of the trustees with respect to going concern are described in the relevant
sections of this report.
Other Informatlon
The trustee5 are responsible for the other information. The other information comprises the information included in
the Annual Report, other than the financial statements and our Report of the I ndependent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise
explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements. our responsibility is to read the other information and, in
doing so, consider whether the other information is materially inconsistent with the financial statements or our
knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material
inconsister)cies or apparent material misstatements, we are required to determine whether this gives rise to a
material misstatement in the financial 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.
Matters on whlch we are requlred to report by exceptlon
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations
2008 requires us to report to you if, in our opinion:
the information given in the Report of the Trustees is inconsistent in any material respect with the financial
statement5,' or
the charitable company has not kept adequate accounting records,. or
the financial Statements are not in agreement with the accounting records and returns,. or
we have not received all the information and explanations we require for our audit.
Page 8

Report of the Independent Auditors to the Trustees of
The Jerusalem and the Middle East Church
Associatlon
Responsibilities of trustees
As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are also the directors of the
charitable company for the purposes of company lawl are responsible for the preparation of the financial Statements
and for being satisfied that they give a true and fair view. and for such internal control as the trustees determine is
necessary to enable the preparation of financial statements that are free from material misstatement, whether due to
fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to
continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern
basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operation5, or
have no realistic alternative but to do so.
Our responslbllitles for the audit of the financial statements
We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the
Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes
our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arise from
fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to
influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in
line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including
fraud.
The extent to which our procedures are capable of detecting irregularities, including fraud Is detalled below..
We ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify
or recognise non-compliance with applicable law5 and regulations.
The laws and regulatlons applicable to the company were identified through discussions with the trustees and other
management, also from our commercial knowledge and experience of the charitable company. Of these laws and
regulations, we focused on those that we considered may have a direct material effect on the financial statements or
the operations of the charitable company, includin8 but not limited to The Companies Act 2006, taxation legislation.
data protection, anti-bribery, anti-money-laundering, employment, environrnental and health and safety legislation.
The extent of compliance with these laws and regulations identified above was assessed through making enquiries of
management and inspecting legal expenditure and correspondence. The identified laws and regulations were
communicated within the audit team, the team remained alert to instances of non-compliance throughout the audit.
We assessed the susceptibility of the charitable company's financial statements to material misstatement, including
obtaining an understanding of how fraud might occur, bv:
considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and
regulations,. and understanding the design of the charitable company's rernuneration policies.
making enquiries of management as to where they considered there was susceptibility to fraud, them
knowledge of actual, suspected and alleged fraud;
To address the risk of fraud through management bias and override of controls, we..
tested journal entrie5 to identify unusual transaction5,'
performed analytical procedures to identify any unusual or unexpected relationships,.
assessed whether judgements and assumptions made in determining the accounting estimates were indicative
of potential bias,.
and investigated the rationale behind significant or unusual transactions.
Page 9

Report of the Independent Auditors to the Trustees of
The Jerusalem and the Middle East Church
Association
In response to the risk of irregularities and non-compliance with laws and regulations, we
designed procedures which included, but were not limited to:
agreeing financial statement disclosures to underlying supporting documentation;
reading the minutes of meetings of those charged with governance;
enquiring of management as to actual and potential litigation and claims;
and reviewing correspondence with relevant regulators.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those
leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases
the more that compliance with a law or regulation is removed from the events and transactions reflected in the
financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater
regarding irregularities occurring due to fralsd rather than error, as fraud involves intentional concealment, forgery,
collusion, omi55ion or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of
the Independent Auditors.
Use of our report
This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities
IAccounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the
charitable company's trustees those matters we are required to state to then in an auditors, report and for no other
purpose. To the f ullest extent permitted by law, we do not accept or assunie responsibility to anyone other than the
charitable company and the charitable company's trustees as a body, for ou r audit work, for this report, or for the
opinions we have formed.
Sheen Stickland
Chartered Accountants
Statutory Auditors
Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006
2 Oriel Court
Omega Park
Alton
Hampshire
GU34 2Yr
Date:
Page 10

The Jerusalem and the Middle East Church
Association
(a company limited by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Statement of Financlal Activities
(Incorporating an Income and Expenditure Account)
for the Year Ended 30th June 2024
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
funds
funds
Notes
INCOME FROM
Donations and legacies
36,690
265.014
301,704
36,868
Investment income
69,156
66,431
135,587
137,466
Total
105,846
331,445
437,291
174,334
EXPENDITURE ON
Raising funds
8,601
4,175
12,776
10,210
Charltable actlvltles
Support for the work of the Anglican churches in
the Middle East and Africa
Diocese of Jerusalem
5,578
7,744
14,645
277,500
304
686,103
30,000
283,078
8,048
700,748
30,000
121,189
95,988
81,060
13,5251
Dlocese of Cyprus and the Gulf
Province of Alexandria
Diocese of Iran
Total
36,568
998,082
1,034,650
304,922
Net gains/llossesl on investments
117,761
158,578
276,339
125,1211
NET INCOME/(EXPENDITUREI
187,039
1508,0591
1321,0201
1155,7091
RECONCILIATION OF FUNDS
Total funds brought forward
2,057,644
2,801,879
4,859,523
5,015,232
TOTAL FUNDS CARRIED FORWARD
2.244.683
2,293,820
4,538,503
4,859,523
The notes form part of these financial statements
Page 11

The Jerusalem and the Middle East Church
Association
(a company limited by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Balance Sheet
30th June 2024
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
funds
funds
Notes
FIXED ASSETS
Investments
li
2,099,022
2,215,251
4,314,273
4,730.493
CURRENT ASSETS
Debtor5
Cash at bank
12
78,224
86,624
211.790
84,070
290,014
170,694
279,049
53.679
164,848
295,860
460,708
332,728
CREDITORS
Amounts falling due within one year
13
119,1871
1217,2911
{236,4781
1203,6981
NET CURRENT ASSETS
145,661
78,569
224,230
129,030
TOTAL ASSETS LESS CURRENT LIABILITIES
2,244,683
' 2,293.820
4,538,503
4,859,523
NET ASSETS
2,244,683
2,293,820
4,538,503
4,859,523
FUNDS
Unrestricted funds
Restricted funds
14
2,244,683
2,293,820
2,057,644
2,801,879
TOTAL FUNDS
4,538,503
4,859,523
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year
ended 30th June 2024.
The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requirin8 an audit of
these financial statements.
The trustees acknowledge their responsibilities for
(al
ensuring that the charitable company keep5 accounting records that comply with Sections 386 and 387 of the
Companies Act 2006 and
preparing financial statements which give a true and fair view of the state of affairs of the charitable companv
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 a5 applicable to the charitable company.
Ibl
These financial statements have been audited under the requirements of Section 145 of the Charities Act 2011.
The notes form part of these financial statements
Page 12
continued...

The Jerusalem and the Middle East Church
Association
(a company limited by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Balance Sheet- continued
30th June 2024
These financial statements have been prepared in accordance with the provisions applicable to charitable companies
subject to the small companies regime.
The f i
ncial statements were approved by the Board of Trustees and authorised for issue on
and were signed on Its behalf by..
,LIL Ld
Rt RevAJ Ball-Trustee
Rev C M Dawkins- Trustee
The notes form part of these financial statements
Page 13

The Jerusalem and the Middle East Church
Association
(a company limited by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Notes to the Financial Statements
for the Year Ended 30th June 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the Charitable Company. which is a public benefit entity, have been prepared in
accordance with 'Accounting and Reporting by Charities: Statement of Recommended Practice (Charities
SORPI,, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland - IFRS1021', the Charities
Act 2011 and the Companies Act 2006.
The financial statements have been prepared under the historical cost convention with the exception of
investments which are included at market value.
The Charitable Company had net current assets of unrestricted funds of £145,661 as at 30th June 2024 {2023:
£76,380). The trustees consider, on the basis of the information available to them, that the Charitable
Company has adequate resources to continue in operational existence for the foreseeable future and for this
reason the board of trustees continues to adopt the going concern basis in preparing the financial statements,
The financial statements have been prepared on the 80in8 concern basls as In the opinion of the trustees the
effects of the current international and financial situation5 will not significantly impact on either the value of
the charity's investments or its investment income in the lon8 term.
Income
All income is recognised in the Statement of Financial Activities once the Charity has entitlement to the funds,
it is probable that the income w511 be received and the amount can be measured reliablv.
Expendlture
Liabilities are recognised as expenditure as soon as there is a le8al or constructive obligation committing the
Charity to that expenditure, it Is probable that a transfer of economic benefit5 will be required in settlement
and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis
and has been classified under headings that aggregate all c05t related to the category. Where costs cannot be
directly attributed to particular headings they have been allocated to activities on a basis consistent with the
use of resources.
Grants payable
Grants payable are taken to the Statement of Financial Activities in the year they are approved. Grants from
restricted income and funds are paid in accordance with the donors, wishes. Those paid from designated and
unrestricted income and funds are distributed at the discretion of the trustees, sometimes in consultation with
the archbishops and synods of the province5.
Management service charge
The management service charge is a support cost allocated to the activities of the Charity on a basis consistent
with the use of resources, calculated by reference to the value of the funds as at 31st December of each year
and is used to run the ofFices of The Jerusalem and the East Mission Trust Limited. The management service
charge is allocated entirely to charitable expenditure. Audit fees are recognised within the service charge
payable to The Jerusalem and the East Mission Trust Limited.
Raising funds
Fundraising and publicity/charity administration costs continue to be charged solely to The Jerusalem and the
Middle East Church Association as it is the main beneficiary of funds raised.
Page 14
continued.-.

The Jerusalem and the Middle East Church
Association
{a company limited by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Notes to the Financlal Statements- continued
for the Year Ended 30th June 2024
ACCOUNTING POLICIES- continued
Tangible fixed assets
Depreciation is provided at the following annual rates in order to wrlte off each asset over its estimated useful
life.
Website
33% on cost
Taxation
As a registered charity no liability to direct taxation arlses on the charitable activities.
Investments
Investments are stated at mid-market value at the balance sheet date. All movements In value arising from
Investment changes are shown in the Statement of Financial Activlties.
Unrealised 8ains/losses are the difference in tharket value of investments held at the beginning of the year, or
their cost if purchased in the year, and at the end of the year.
DONATIONS AND LEGACIES
2024
2023
Donations
Legacies
296,704
5,000
35,868
1,000
301,704
36,868
INVESTMENT INCOME
2024
2023
Income from listed investments
Deposit account interest
129.669
5,918
133,471
3,995
135,587
137,466
Page 15
continued...

The Jerusalem and the Middle East Church
Association
(a company limited by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Notes to the Financial Ststements- continued
for the Year Ended 30th June 2024
RAISING FUNDS
Ralslng donatlons and legacies
2024
2023
Website expenses
Magazlne costs
Fundraising expenses
778
4,939
7,059
1,375
8,703
132
12,776
10,210
CHARITAgLE ACTIVITIES COSTS
Grant
funding of
activities
(see note
Support
costs (see
note 71
Totals
Support for the work of the Anglican
churches in the Middle East and Africa
Diocese of Jerusalem
260,361
304
686,103
30,000
22,717
7,744
14,645
283,078
8,048
700,748
30,000
Diocese of Cyprus and the Gulf
Province of Alexandria
Diocese of Iran
976,768
45,106
1,021,874
GRANTS PAYABLE
2024
2023
Support for the work of the Anglican churches in the Middle East and Africa
Diocese of Jerusalem
260,361
304
686,103
30,000
102,259
81,256
68,923
13,5251
Diocese of Cyprus and the Gulf
Province of Alexandria
Diocese of 5ran
976,768
248,913
Grants for the Province of Alexandria includes £684,930 in respect of funds held on behalf of Holy Trinity
Church, Algiers which were transferred to St Mary's Waqf in the year.
Page 16
continued..

The Jerusalem and the Middle East Church
Association
(a company limited by guarantee
admlnistered by the Jerusalem and the
East Mission Trust Limited)
Notes to the Financial Statements - continued
for the Year Ended 30th June 2024
GRANTS PAYABLE- continued
An analysis of grants payable between the dioceses of Jerusalem and Cyprus and the Gulf and the Province of
Alexandria and the source of those grants is shown in the following table. The allocation of certain grants is at
the discretion of the bishops of the dioceses whereas other grants are allocated to specific projects or
organisations wlthin a diocese. The transfer of funds relating to Holy Trinity Church, Algiers to St Mary's Waqf
is not included in this table.
From
general
donatlons &
legacles
From
earmarked
donatlons
& legacies
From
Investment
Income
Total
grants
2024
2024
Diocese of Jerusalem
Diocese of Cyprus and the Gulf
Province of Alexandria
Dlocese of Iran
259,361
304
1,173
1,000
1,318
683
30,000
260,361
1,622
1,856
30,000
88.61
0.55
0.63
10.21
260,838
33,001
293,839
100.00
Fifteen grants totalling £290,838 were made to organisations and one grant of £1,000 was made to an
individual.
The grant for the Diocese of Iran was remitted to and used by the Diocese of Cyprus and the Gulf on projects
for the benefit of the Diocese of Iran. No funds were remitted to Iran.
SUPPORTCOSTS
Support costs comprise the management service charge £35,72512023 £41,725), the fees and expenses of
the communications consultant £7,38012023 £3,372) and travel expenses £2,00112023 - £1,152). These
costs have been taken entirely to charitable expenditure.
TRUSTEES, REMUNERATION AND BENEFITS
The Jerusalem and the East Mission Trust Limited when acting as trustee received remuneration in the form of
a management service charge of £35,725 12023.. £41,275}. In addition, fund raising costs in connection with
the appeals for the Diocese of Jerusalem of £2,696 were recharged to the charity.
The directors of the company did not receive any remuneration from the Charity.
Page 17
continued...

The Jerusalem and the Middle East Church
Association
{a company limited by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Notes to the Financial Statements- continued
for the Year Ended 30th June 2024
TRUSTEES, REMUNERATION AND BENEFITS- continued
Trustees, expenses
Durin8 the year ended 30th June 2024 travel expenses totalling £2,001 were reimbursed to three trustees
12023 - £1,152 to three trustees).
COMPARATIVES FOR THE STATEMENT OF FINANCIALACTIVITIES
Unrestricted Restricted
funds
funds
Total
funds
INCOME FROM
DonatSons and le8acies
15,953
20,915
36,868
Investment income
69,443
68,023
137,466
Total
85.396
88,938
174,334
EXPENDITURE ON
Raising funds
10,112
98
10,210
Charltable actlvltles
Support for the work of the Anglican
churches in the Middle East and Af rica
Diocese of Jerusalem
55,344
85,239
54,794
65,845
10,749
26,266
13,5251
121,189
95,988
81,060
13,5251
Diocese of Cyprus and the Gulf
Province of Alexandria
Diocese of Iran
Total
205,489
99,433
304,922
Net gains/llossesl on investments
151,8471
26,726
125,1211
NET INCOME/IEXPENDITURE)
{171,9401
16,231
{155,7091
RECONCILIATION OF FUNDS
Total funds brought forward
2.229,584
2,785,648
5,015,232
TOTAL FUNDS CARRIED FORWARD
2,057,644
2,801,879
4,859,523
Page 18
continued...

The Jerusalem and the Middle East Church
Association
(a company limited by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Notes to the Financial Statements- continued
for the Year Ended 30th June 2024
io.
TANGIBLE FIXED ASSETS
Website
COST
At 1st July 2023 and 30th June 2024
9,670
DEPRECIATION
At 1st July 2023 and 30th June 2024
9,670
NET BOOK VALUE
At 30th June 2024
At 30th June 2023
ii.
FIXED ASSET INVESTMENTS
Listed
investments
MARKET VALUE
At 1st July 2023
Additions
Disposa15
Revaluations
Surplus on disposal
4,730,493
1,039
1693,5981
269,735
6,604
At 30th June 2024
4,314,273
NET BOOK VALUE
At 30th June 2024
4,314,273
At 30th June 2023
4,730,493
There were no investment assets outside the UK.
Cost or valuation at 30th June 2024 is represented bv..
Listed
investments
Valuation in 2024
4,314.273
The historical cost of fixed asset investments was £2,812,62812023.. £3,494,960).
Page 19
continued...

The Jerusalem and the Middle East Church
Association
(a company limited by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Notes to the Financial Statements- continued
for the Year Ended 30th June 2024
12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other debtors
The Jerusalem and the East Misslon Trust Limited
Prepayments and accrued income
5,047
250,551
34,416
3,596
243,201
32,252
290,014
279,049
13,
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other creditors
Grants payable
Accruals and deferred income
525
191,012
44,941
179,531
24,167
236,478
203,698
14.
MOVEMENT IN FUNDS
Net
movement
in funds
At
30.6.24
At 1,7.23
Unrestrlcted funds
General fund
General Ministry
Legacy reserve
Phillips & Cane
A B Jones discretionary fund
Small funds not detailed
Bishop Cragg Travel fund
19,0111
890,418
451,259
292,275
256,365
43,422
132,916
22,333
77,962
30,832
25,439
21,129
2,019
7,325
13,322
968,380
482.091
317,714
277,494
45,441
140.241
2,057,644
187,039
2,244,683
Restrlcted funds
Jerusalem Girls College/Worsley fund
Moore-steele
Graham Brown/Phillips
Holy Trinity Church, Algiers
Small funds not detailed
Diocese of Iran
Gobat Stewart
880,363
633,972
259,850
678,463
142,435
107,482
99,314
86,127
63,341
22,386
1678,4631
11,372
122,7921
9,970
966,490
697,313
282,236
153.807
84,690
109.284
2,801,879
1508,0591
2,293,820
TOTAL FUNDS
4,859,523
1321,0201
4,538,503
Page 20
continued.

The Jerusalem and the Middle East Church
Association
(a company limited by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Notes to the Financial Statements- continued
for the Year Ended 30th June 2024
14.
MOVEMENT IN FUNDS- continued
Net movement in fund5, included in the above are as follows..
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unre5trlcted funds
General fund
General Ministry
Legacy reserve
Phillips & Cane
A B Jones discretionary fund
Small funds not detailed
Bishop Cragg Travel fund
36,693
30.157
13,912
9,819
8,844
1,921
4,500
114,3601
17,8441
13,4091
12,5551
12,2311
13641
15,8051
22,333
77,962
30.832
25,439
21.129
2,019
7,325
55,649
20,329
18,175
14,516
462
8,630
105,846
136,5681
117,761
187,039
Restrlcted funds
Jerusalem Girls Collegelworsley fund
Moore-steele
Graham Brown/Phillips
Holy Trinity Church, Algiers
Small funds not detailed
Diocese of Iran
Gobat Stewart
28,603
19,712
8,793
37
270,149
1,069
3,082
17,7761
15,6121
12,2701
1684,9301
1266,2501
130,3641
18801
65,300
49,241
15,863
6,430
7,473
6,503
7,768
86,127
63,341
22,386
1678,463}
11,372
122,7921
9,970
331,445
1998,0821
158,578
1508,0591
TOTAL FUNDS
437,291
11,034,6501
276,339
1321,0201
Page 21
continued...

The Jerusalem and the Middle East Church
Association
la company limited by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Notes to the Financial Statements- continued
for the Year Ended 30th June 2024
14.
MOVEMENT IN FUNDS- continued
Comparatives for movement in funds
Net
movement
in f unds
Transfers
between
funds
At
30.6.23
At 1.7.22
Unrestrlcted funds
General fund
General Ministry
Legacy reserve
Phillips & Cane
A B Jones discretionary fund
Small funds not detailed
Bishop Cragg Travel fund
18,9291
1,015,052
480,002
299,613
264,053
46,109
133,684
110,0821
1124,6341
118,7431
17,3381
17,6881
12,6871
17681
10,000
19,011)
890.418
451,259
292,275
256,365
43,422
132,916
iio,0001
2,229,584
1171,9401
2,057,644
Restrlcted funds
Jerusalem Girls College/Worsley fund
Moore-steele
Graham Brown/Phillips
Holy Trinity Church, Algiers
Small funds not detailed
Diocese of Iran
Province of Alexandria
Gobat Stewart
874,839
625,693
265,053
654,083
152,135
106,024
10,030
97,791
5,524
8,279
15,2031
24,380
19,7001
1,458
110,0301
1,523
880,363
633,972
259,850
678,463
142,435
107,482
99,314
2,785,648
16,231
2,801,879
TOTAL FUNDS
5,015,232
11SS,7091
4,859,S23
Page 22
continued...

The Jerusalem and the Middle East Church
Association
{a company limited by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Notes to the Financial Statements- continued
for the Year Ended 30th June 2024
14.
MOVEMENT IN FUNDS- continued
Comparative net movement in funds, included in the above are as follows:
Incoming
resource5
Resources
expended
Gains and Movement
losses
in funds
Unrestricted funds
General fund
General Ministry
Legacy reserve
Phillips & Cane
A B Jones discretionary fund
Small funds not detailed
Bishop Cragg Travel fund
15,950
31,677
13,869
9,626
8,623
1,603
4.048
126,0321
1140,7181
114,3761
111,4351
18,5271
14481
13,9531
110,0821
1124,6341
118,7431
17,3381
{7,6881
{2,6871
17681
115,5931
118,2361
15,5291
{7,7841
13,8421
18631
85,396
1205,4891
151,8471
1171,9401
Restrlcted funds
Jerusalem Girls College/Worsley fund
Moore-steele
Graham Brown/Phillips
Holy Trinity Church, Algiers
Small funds not detailed
Diocese of Iran
Province of Alexandria
Gobat Stewart
27,857
19,220
8,538
3,389
25,665
1,007
265
2,997
127,4481
119,2131
18,4511
5,115
8,272
15,2901
20,991
14,2561
451
5,524
8,279
15,2031
24,380
19,700)
1,458
110,0301
131,1091
110,2951
12,9171
1,443
88,938
199,4331
26,726
16.231
TOTAL FUNDS
174,334
1304,9221
125.1211
1155,7091
The general fund is in surplus as no grant was made from this fund in the year. Unrestricted donations will be
paid over in full but the costs of generating voluntary income are charged to this fund. The fund will therefore
be in deficit when the grants have been paid. A transfer will be made from the Legacy Reserve Fund to cover
this deficit. Deficits are expected to continue to arise in future years when further transfers will be made from
the Legacy Reserve Fund or other unrestricted funds as required.
The General Ministry Fund is an amalgamation of former funds as follows.. Endowment and Augmentation of
Episcopal Stipends Fund, Jerusalem Chapter Endowment Fund, The Blair Fund and St Margaret's Fund. The
fund is for the support of the Ministry in the JMECA area.
The Legacy Reserve Fund arises from the trustees, established policy of capitalising unrestricted legacies, the
income from which enables support to be given each year where a particular need is perceived for which other
fund5 are not available.
The A B Jones, Discretionary Fund was established from a substantial legacy which the testator stated could be
used for general purposes, but she expressed the wish that, if necessary. it could supplement a small fund
which assists Welsh ordinands in visiting Jerusalem.
Page 23
continued...

The Jerusalem and the Middle East Church
Association
(a company limited by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Notes to the Financial Statements- continued
for the Year Ended 30th June 2024
14.
MOVEMENT IN FUNDS- continued
The Small Unrestricted funds not detailed comprises two funds. The first of which amounting to £24,303 Is in
regard to the St George's College General Fund, this fund is to meet the general UK expenses for St George's
College, Jerusalem. The second fund balance of £21,138 15 the staff Welfare Fund which is for the payment of
gratuitie5 to current and former employees.
The Bishop Cragg Travel Fund was originally for the travel of Bishop Cragg but now provides grants to holders
of similar appointments.
The Jerusalem Girls College and Worsley Fund, formed by the amal8amation of two smaller funds, is for the
education of children anywhere within the Province of Jerusalem and the Middle East and the Province of
Alexandria, in consultation with the provinces.
The Moore-steele Fund is for the provision of education31 work in Israel and Jordan In consultation with the
Archbishop in Jerusalem.
The PhiS1ips and Cane Fund was originally established to assist wlth the trainlng of Palestinian clergy and also to
enable theological students from England to visit Palestine, The furd was re-designated in November 2013 to
fund training of clergy and lay leadership in the Province of the Episcopal Church of Jerusalem and the Middle
East and the Episcopal/Anglican Province of Alexandria.
The Graham Brown and Phillips Fund was established for the training of clergy ar)d religious workers and the
furtherance of Christian Studies.
By an agreement dated 21st March 2019, the Diocese of Egypt with North Africa and the Horn of Africa
received the sum of £1,100,000 as compensation for the loss of incorne in respect of a building owned by Holv
Trinity Church, Algiers. The balance of this fund was transferred to Sl Mary's Waqf during the year.
The Small Restricted Fund balance of £153,807 12023'.£142,0351 comprises funds split into educational,
medical and other. The education fund with a balance of £22.023 is to help students at St George's College.
Medical funds of £69,037 represent the Newton Fund (incorporating the Isabella Bailey Fund). This fund is
used at the discretion of the Archbishop in Jerusalem. The Other fund balance of £62,747 is for the
Archbishop's Assyrian Mission this fund is used in the Diocese of Cyprus and the Gulf, with particular reference
to its work in Iraq and, where possible the Assyrian Christians in that country
The Gobat Stewart Fund is to provide bursaries at St George's School, jerusalem.
Funds allocated to or received for the Diocese of Iran are held in a restricted fund until such time as these
funds can be transferred to the diocese or used for the benefit of the diocese.
The Province of Alexandria requested that surplus funds not yet required by the province be held by the
charity in a restricted fund on behalf of the province. Following a request from the province, the balance of
this fund wa5 transferred to the province in the year ended 30th June 2023.
Page 24
continued...

The Jerusalem and the Middle East Church
Association
(a company limited by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Notes to the Financial Statements - continued
for the Year Ended 30th June 2024
15.
RELATED PARTY DISCLOSURES
As at 30th June 2024 funds of the Charitable Company totalling £250,55112023: £243,201) were held by the
Jerusalem and the East Mission Trust Limited. £35,274 was owed 12023.. £3,149 overpaid) by the Charity to
the Jerusalem and the East Mission Trust Limited in respect of management service charges as at
30th June 2024 and is included as a creditor on the balance sheet.
The Rt Rev A J Ball (the chair of the charity) is Bishop in North Africa within the Province of Alexandria. As such
there could be perceived to be a conflict of interest between this role and his position within the charity. The
trustees are aware of this potential conflict of interest and therefore the chair 15 not involved in decisions
regarding grants to be paid by the charity.
Other than as above and as detailed in note 8, there were no related party transactions for the year ended
30th June 2024.
16.
POST BALANCE SHEET EVENTS
Post year end the trustees have agreed and approved £93,032 of grants to be paid between the dioceses
which make up the Episcopal Church of Jerusalem and the Middle East and the Episcop3l/Anglican Province of
Alexandria as follows.,
£49,744 to the Diocese of Jerusalem, £17,644 to the Diocese of Cyprus and the Gulf and £25,644 to the
Province of AlexandrS3.
17.
COMPANY STATUS
The Charitable Company is a private company limited by guarantee and consequently does not have a share
capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the
company in the event of liquidation.
18.
LEGACIES
The Jerusalem and the Middle East Church Association is one of the beneficiaries of a legacy in relation to a
property trust. The timing of the receipt of this legacy and its value cannot be ascertained with any accuracy
or reasonable certainty at present. therefore no amounts have been included in these accounts.
Page 25
continued...

The Jerusalem and the Middle East Church
Association
(a company limlted by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Notes to the Financial Statements- continued
for the Year Ended 30th June 2024
19.
ASSETS HELD ON TRUST
The Charitable Company holds the deeds of title to a number of properties on behalf of various bodies within
the area of The Episcopal Church of Jerusalem and the Middle East.
The custodian ownership of these properties is vested in the Charitable Company as trustee in perpetuity for
the benefit of the members of those bodies. By reason of the nature of the Charitable Company's interest in
these properties, the trustees consider that no value should be specified in respect thereof.
Page 26

The Jerusalem and the Middle East Church
Association
la company limited by guarantee
administered by the Jerusalem and the
East Mission Trust Limited)
Detailed Statement of Financial Activities
for the Year Ended 30th June 2024
2024
2023
INCOME
Donatlons and legacies
Donations
Legacies
296,704
5,000
35,868
1,000
301,704
36,868
Investment income
Income from listed investments
Deposit account interest
129,669
5,918
133,471
3,995
135,587
137,466
Total Incomlng resources
437,291
174,334
EXPENDITURE
Ra151ng donatSons and le8acles
Website expenses
Magazine costs
Fundraising expenses
778
4,939
7,059
1,375
8,703
132
12,776
10,210
Charitable actlvftles
Grants
Funds transferred
291,838
684,930
248,913
976.768
248,913
Support costs
Management
Service charge
Communication consultant fees
Communications consultant expenses
Travel expenses
35,725
5.760
1,620
2,001
41,275
1,920
1,452
1,152
45,106
45,799
Total resources expended
1,034,650
304,922
Net expenditure
1597,3591
1130,5881
This page does not form part of the statutory f inancial statements
Page 27