Charity number: 1176218
Mercy Media
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 December 2023

Mercy Media
Contents Page
For the year ended 31 December 2023
Report of the Trustees
Independent Examinerfs Report to the Trustees
Statement of Financial Activities
Statement of Financial Position
Notes to the Financial Statements
Detailed Statement of Financial Activities

Mercy Media
Report of the Trustees
For the year ended 31 December 2023
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 December
2023. 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 the
Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a
charity (PB2)'.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity
Charity registration number
Principal address
Mercy Media
1176218
PO Box 7791
London
NW26 9QH
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Sandra Saidi
Yasin Saidi
Omar Saidi
Secretary
Sandra Saidi
Independent examiner
Nesar Ali
Chartered Certified Accountant
121 Violet Avenue
Hillingdon
Middlesex
UB8 3PT
Bankers
Metro Bank
One Southampton Row
London
WC1B SHA
Approved by the Board of Trustees and signed on its behalf by
Q.mar.Saidi......
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Mercy Media
Independent Examiners Report to the Trustees
For the period ended 31 December 2022
I report on the accounts of the charity for the period ended 31 December 2022, which comprise the Statement of Financial Activities,
the Statement of Financial Position and the related notes.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required
for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is required.
It is my responsibility to:
examine the accounts under section 145 of the 2011 Act;
to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011
Act); and
to state whether particular matters have come to my attention.
Basis of independent examinerfs report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes
a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes
consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees conceming a ny such
matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is
given as to whether the accounts present a 'true and fair vieW and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that, in any material respect, the requirements:
to keep accounting records in accordance with 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met, or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Nesar Ali
Chartered Certified Accountant
121 Violet Avenue
Hillingdon
Middlesex
UB8 3PT
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Mercy Media
Statement of Financial Activities
For the year ended 31 December 2023
Notes
Unrestricted
funds
2022
Income and endowments from:
Charitable activities
Total
647,150
647,150
469,064
469,064
Expenditure on:
Charitable activities
Total
(174,626)
(174,626)
(69,134)
(69,134)
Net income
472,524
399,930
Reconciliation of funds
Total funds brought forward
Total funds carried forward
705,481
1,178,005
305,551
705,481
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Mercy Media
Statement of Financial Position
As at 31 December 2023
Notes
2023
2022
Fixed assets
Tangible assets
9,540
9,540
2,125
2,125
Current assets
Cash at bank and in hand
1,169,065
1,169,065
703,956
703,956
(600)
Creditors: amounts falling due within one year
(600)
Net current assets
1,168,465
1,178,005
703,356
705,481
Total assets less current liabilities
Net assets
1,178,005
705,481
The funds of the charity
Unrestricted income fvnds
1,178,005
1,178,005
705,481
705,481
Total funds
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Omar Saidi
Trustee
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Mercy Media
Notes to the Financial Statements
For the year ended 31 December 2023
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at
market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) 'Accounting and
Reporting by Charities: Ststement of Recommended Practice applicable to charities preparing their accounts in accordan￿ with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019),, Financial
Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities
Act2011.
Mercy Media meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical
cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Going concern
The Charity has had a successful year in the preparation of broadcast of numerous media productions via various social media
platforms. The charity remains in a very strong position relating to future growth. No short term or medium term financial risk to the
charity's continued operations has been identified.
The trustees have agreed to maintain at least six months of reserve in order to meet operational costs in the event of a lack of new
income in the form of donations or other potential revenue. The trustees assess the adequacy of this policy annually.
The trustees are of an opinion that there are no going concem issues and the Charity will continue to deliver its aims and objectives
in the foreseeable future.
Incoming resources
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount
can be quantified with reasonable accuracy.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment.
Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over
their expected useful lives on the following basis:
Plant and machinery . 15 % Reducing balance
2. Net incomel(expenditure) for the year
This is stated after charging/(crediting):
2023
2022
Depreciation of owned fixed assets
1,683
375
3. Trustee remuneration and related party transactions
All trustees acted on a voluntary basis and therefore no remuneration or expenses were paid by the charity. There were no related
paty transactions during the financial year.
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Mercy Media
Notes to the Financial Statements Continued
For the year ended 31 December 2023
4. Tangible fixed assets
Plant and
Machinery
Cost or valuation
At 01 January 2023
Additions
2,941
9,098
12,039
At 31 December 2023
Depreciation
At 01 January 2023
Charge for year
At 31 December 2023
Net book values
816
1,683
2,499
At 31 December 2023
9,540
At 31 December 2022
2,125
5. Creditors: amounts falling due within one year
2023
2022
Accruals and deferred income
600
600
600
600
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Mercy Media
Detailed Statement of Financial Activities
For the year ended 31 December 2023
2023
2022
INCOME AND ENDOWMENT
Charitable activities
Media Streaming
647,150
469,064
647,150
469,064
Total incoming resources
EXPENDITURE
Charitable activities
Charitable Activities
Depreciation - Owned Assets
Legal & Professional
Marketing
Computing
Transport & Logistics
Media Production
Postage, Packaging & Stationery
Rent
General Expenses
Accountancy Fees
Light & Heat
647,150
469,064
(61,000)
(1,683)
(4,360)
(106)
(941)
(375)
(7,583)
(97)
(1,894)
(10,109)
(2,959)
(504)
(39,550)
(3,391)
(600)
(2,072)
(64,153)
(258)
(37,290)
(2,348)
(600)
(1,887)
(174,626)
(69,134)
Total resources expended
(174,626)
(69,134)
Net Income
472,524
399,930
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This page does not form part of the statutory financial statements