Charlty numbor: 1200235
MEDICAL MISSION NETWORK
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

MEDICAL MISSION NETWORK
CONTENT8
Page
Referonce and admlni$trative details of the Charity, its Trustees and advisers
Trustses. report
Indopefident audltor8' roport on the flnancial statements
8-11
Statement of financial actlvltle$
12
Balan¢0 sheet
13
Slatoment of ¢a¥h flows
14
Notes lo Ihe financlal statements
15-32

MEDICAL MISSION NETWORK
REFERENCE AND ADMINISTRATIVE DEfAILS OF THE CHARrrY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEPdlBER 2024
Tru8tees
Raymond Alen
Jordan Connell
Jason Freeman
Peter Gill (resigned 27 January 20251
David Keith, Chair
Jane Macnaughtan
Samuel Phillip5
lan Proud
Christine Sansom
Charity regl8tered number
1200235
Prlnclpal offi¢0
Unit 16 Star West
Westmead Drive
Swindon
Willshire
SN5 7SW
Ind6pondent audftors
Balolwn Scofield Ltd
Chartered Accountants
3 Newhouse Business C8ntre
Old Crawley Road
Horsham
West Sussex
RH124RU
Bankers
CAF Bank Limited
25 lfjngs Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ
Page 1

MEDICAL MISSION NETWORK
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees present their annual report together with the audited financial statemen15 of the Medical Mission
Ne￿Ork forthe year 1 January 2024 to 31 De¢ember2024.
Medical Mission Ne￿Ork IMMN} continues to support those making Jesus Chnst known through the provision
of healthcare in pla￿$ where the healthcare Systems are under-resOur￿d. Followng the year end, trustees
decided to change the name of the organisation to better reflect who we are, what we do and where we would
like lo go.
though our name has changed from Medical Missionary News to Medical Mpssion Ne￿ork. our purpose
remains the same. We continue lo support medical mission with the focus now more on the projects that they
work in rather than the mission workers themselves. We do more than send out the magazines with stories and
needs to pray for. we aim to connect those who wants to pray or give with partners, provide support lo partner5
and help Ih05e Icx)king to go with F4)lential opportunities lo train or serve. Theref￿e, we feel Network better
describes this.
We recognise that God has used MMN in so many amazing ways since the Charity was established that we
want lo keep the MMN letters to remind ourselves of this and to remember God's faithfvlne55 to us over so
many years.
Objectives and actlvltles
• Objectivesi purposos and alms
The charity was set up in 2022 as 8 succeeding charity of Medical Misstonary News Fund (charity number
229296) for the purpose of continuing to support those involved in medical work in the under-resourced
countries of the wodd and to benefit the public by the relief of wvety and the advancement of religion.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidan¢9
published by the Charty ComMis￿on relating to public benefit. including the guidance 'Public benefit. running a
charity IP82)'.
• Vision
Our desire is to support those who are making Jesus Christ known to their local communrties and are using the
provision of healthca￿ services as the way of connecb.ng with them.
• Valu
The way that we suppjrt medical mission have adapted over the years to the changing needs and
circumstances of those inVo￿ed but we remain committed to communicating the love of &Jd through Jesus and
the alleviatson of suffering. The values that underpin all we seek to do remain the same and are..
. Christ<entred - We strive to make Jesus Christ known lo local communities by using healthcare servi￿$ as
the means of conne¢b'ng with them
Medical We want to help those who live in resources Foor countries who have lithe or no access lo
healthcare
Professional - We expect hyh standards of medical, financial and administrative work to ensure the best use
of resources
. Impactrul- We want what we do to be life<hanging to those we mlnlster to
Sustainable - We seek to ensure that Ihe minislry has a long term futu
Page 2

MEDICAL MISSION NETWORK
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Objectlves and activities (contlnuedl
What we do
We partner with those in involved in making Jesus Christ known as they bring relief from disease, sickness and
suffering in their local community- be il 5UPPOrting mission hospitals or clinics, providing community health care
programmes, caring for the disabled and orphans, developing health educatson programmes or providing
disaster relief.
The ways we do il a￿ through..
Encouraging pr8yor support for the ministries through sharing stories and prayer requests through all our
communi￿tiOn channels trusting il will inspire people lo pray lor the needs and situabons that are shared.
Giving gTrnts to Christian organisations to enable them to engage in medical mission in their I￿al communities.
Shipping SUppl￿S such as medicines, medical aids. and equipment lo mission hospitals and clinics via
containers shipments.
Supporting training of medical professionals and students to enoourage them to use their rned￿81 skills and
8xpenence as a way of serving God and reaching others with the good news of Je5US.
. Where we work
We work to help those in resource-poor countries Whe￿ there is no. or very little, healthcare facilities available
to the local community- Therefore, our focus is primarity in Africa, Asia, and Eastern Europe with a litde help
given to Lats"n America and we are currentty conne¢ted wth around 60 projects in over 30 countries
• Ensurlng our work delivers our ai
We ￿VIeW our aims, objectives and actsvities each year. The revw looks at what we have achieved and the
oulcorne of our work in the last year. The review looks at the success of ea¢h key aclivity and the benefits they
have brought lo those groups of people we are set up to h8lp so that we remain focused on our staled wrpose
and ensure that is for the public benefft.
Page 3

MEDICAL MISSION NEfwoRK
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2024
Achlevements and performance
• Charitable activitigs
Medical Mission Netsvork seek to make Jesus known through supporting Christian mission as they seek to bring
relief from disease, sickness and suffering in various parts of the wodd through the provision of healthcare
serviGes, education and training, and prayer.
Encouraging prayer
This continues to be our main focus. As we Sha￿ sloftes and prayer needs from over 60 partners we want
people to pray in response to reading what God is doing in local communities as the love of Jesus is shared
both in word and action. We do this through a variety of different channels from the magazine to social media.
through the website, newsletter and prayer gatherings.
Giving gTrnts
We have continued working with Christian organisabons who are seeking to help their communrties physically,
emotionally and spiritually by provbjing funding in a variety of different ways.
During the year trustees were al￿e lo give grants that amounted lo £259,903, to 27 of our partners. Trustees
have agreed that they would prefer lo grant smaller amounts to help more partners. so all of the* grants come
into this category and have been used to help our partner5 provide medical care and humanitsrian support to
their local communities.
We have ¢onts'nued to share stories where our partners have a particular need and have seen our supwrters
respond to these needs and give generously to supp)rt our partners. We have been able to distribute over
£48,000 as a ￿su11, with the most significant king lo pass on the funds raised in our Christmas appeal for
improving the maternal care ServI￿S at Berakhah Medical Centre in Uganda.
This year our frLus was to raise awareness of the need5 and challenges that Emanuel Clinic faces in caring for
those coming towards the end of their lives in Moldova. Through various campaigns and fundraising efft)rts. we
have raised over £22.000 towards these services and will forward thg funds in the new year.
Shipping SUppl￿S
During the year we have shipped 3 containers to Zambia and Angola which follows th8 trend of the last Cou￿9
of years as more goods are available locally and those organising the collecb'on of goods here grow older.
Supporting tr8ining
Medical electives is the area where we have seen the most growth now that medical Schools are now fully
supporbng overseas electives again. During the year we were able to give bursaries to 18 Students who have
been to medical mission projects in various part of the world.
It has been exciting to follow the joumeys of the young UK doctors, nurses, m'hlwves and physios who are on
the Global Track programme we help Christian Medical Fellowship to run, as they consider Combining their
medical skills with their faith and see what God can do through them. One cohort finished their programme in
March 2024 with another cohort slarbng in September.
Flnanclal review
Golng con¢orn
We have revwed the circumstances of the charity and consider that it is a going ¢oncem, and that there will be
sufficient resources available to fund the activities for the foreseeable future.
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MEDICAL MISSION NETWORK
TRUSTEES. REPORT (CONTTNUEDI
FOR THE YEAR ENDED 31 DECEMBER 2024
• Revlew of activities
This year we received significant legacies which nearly doubled our income from previous years. These
legacies were 5 limes our average level in recent years and have been put into investrients wrth the aim of
gro￿ng the income stream from them to a level that will cover operating costs.
Reserves now stand at £1.4m, which is an increase of £829K during the year. Investments have increased to
cver £866K and will go over £1rn when the final legacy is transferred in 2025. Therefore, fr* reserves currently
stand al around £400K which is sufficient for our ongoing ￿MMitments.
The general level of acb'vity of the charity remains in line with expectations if you take out the legacy income.
There has been a change in the split in donated income be￿een individuals and churches with the former
increasing and the latter decreasing lif you take out the gift from a church closure). Expenditure is up as
trustees have been able lo give out more grants as a result of the increased legacy income with the operating
exFenditure only slighdy up in as a result of inflationary pressures.
We have adopted the provisions of Accounting and Rewrting by Charities". Statement of Recommended
Pr￿tICe applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republi¢ of Ireland {FRS 102) (effective 1 January 20191.
Investment policy and obJectiVO
Our investment policy is geared towards a balanced growlh with minimum to medium risk with the aim of
achieving a reasonable income. Investments wll not knowingly made in companies which manufacture or deal
in amaments, alcoholic beverages, gambling, pornography or tobacco.
Investment perforniance
The market value of the investments has increased during the year which has given some growth and will
increase in the coming years as the amount invested has increased Significan￿Y.
R88eNos policy
Trustees wll review the level of reserves brought over from the preceding charity and plan lo keep the r8serves
at £500,000 which equates to more than 2 years, management and admini$lrab'on expenses. Large legacies are
used lo inGrease these resetves to a level that will provide a future income stream
Prlncipal fundlng
The main source of income 18 from voluntary donations from individuals and churches along wth lega¢ie5.
structuroj govgrnance and management
• Governing document
The charity is controlled by its goveming document, a constitution and is constituted a ch8nty incofpjrated
organisatron.
• Recruilm8nl and appointment of new trustees
The t%)ard of trustees is auth0ri5ed to appoint new trustees to fill vacancies arising through resignation or death
of an existing trustee.
Page 5

MEDICAL MISSION NETWORK
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Structure, govornance and rnanagem8nt Icontinuod)
Induction and training of new truste89
New trustees are selected because of their Christian beliefs and the expertise and competencies that they are
able to offer. No specific training is required apart from the general trustee induction programme that the Charity
Commission recommend.
• Organisational structur
The charity is organised so that the trustees meet regularty to manage its affairs. The trustees maintain a
constant review of Iheir aotivities and functions and feel that the present structure is sufficient to meet MMN'S
needs. The day to day managernenl of the charity rested with the director. Grev Parmenter.
Wider network
The Charity is not part of any wider netsvork.
• Relatod parties
Transactions wth related parties are discbsed in the n¢Xes to the financial statements.
• Volunteers
The trustees are grateful to the staff and volunteers who carry out the many aspeGts of the work, including
checking and allocating donated medical items, pa¢king, spectacle grading, driving and running the stamp
bureau.
• Risk management
The Iruslees acttvely review the major risks which the charity faces on a regular basis and believe that
maintaining reserves al current levels. combined with an annual review of the controls over key financial
systems, will prcvide sufficient resources in the event of adverse conditions. In addib"on, other operat￿nal and
business risks have been examineA and systems established to mitigate any signiffi¢ant risk.
Publk boneflt
Our main activities and who we ty to help are described above under"Achievement and Performance" All our
charitable actwities focus on achievin9 our objectives and are undertaken to further our charitable purposes for
the public benefit.
Plans for future perlods
Our desire to support medical mission remains the same as we want to Continue to see God at work through
His people as they care for the health needs of the communities.
. We will continue to develop our communicab'on platforyns lo encourage prayerful support for our partners and
develop partnerships that wll enable us to In¢￿aSe our ne￿rk.
We will continue to give grants to supp)rt Christian organisations in their ministry as finances permit.
We are looking lo develop our support of me(lical professionaL8 and students to Consider misS￿n as a way of
¢ombining Iheir medical skills and faith.
Page 6

MEDICAL MISSION NETWORK
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Statement of Trustees. respon81bilities
The Trustees are responsible for preparing the Trustees, report and the financial ststements in accordan￿ with
aPpI￿able law and United ￿'ngdoM Accounting Standards {United Kingdom Generally Accepted Acwunting
Praclicel.
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for
each finanGial year which give a true and fair VEW of the state of affairs of the Charity and of its inGoming
resour¢e5 and application of resources, including its income and expenditure, for that perioj. In prepating these
finanGial stalemenls, the Trustees are required to..
select surtable accounting policies and then apply them consistenttr,
observe the methods and principles of the Charities SORP IFRS 1021.,
make judgments and accounting esb'males that are reasonable and prudent,.
State whether applicable UK Accounting Standards IFRS 102) have been followed, subje¢t to any
material departures disclosed and explained in the financial statements.,
prepare the financ￿1 statements on the going concem basis unless it is inappropriate to presume that the
Charity wll continue in business.
The Trustee5 are respM)nsible for keeping adequate accounting records that are sufficient to show and explain
the Charity's transactions and disclose with reasonable accuracy at any tsme the finan¢ial position of the Chairty
and enable them lo ensure that the financi81 ststements comply with the charib.es Act 2011, the Charity
(Accounts and Reports} Regulations 2008 and the provisions of the Trust deed. They a￿ also responsible for
safegLtarding the assets of the Charity and hence for taking fwdsonable steps for the prevention and dete¢b"on of
fraud and other irregularities.
Dlsclosure of infomiatlon to auditor6
Each of the persons who are Trustees at the lime when this Trustees, report is approved has confimied that..
so far as that Trustee is aware, there is no relevant audit information of whiGh the charivs auditors are
unaware, and
that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be awa￿ of
any relevant audit information and to estsblish that the charity's auditors are aware of that informab'on.
Auditors
The auditors, Balthvin Scofield Ltd, have indicated their willingness to conts'nue in offi￿. The designated
Trustees wtll propose a motion reappointing the auditors at a meeting of the Trustees.
Approved by order of the members of the board of Trustees on 13 October 2025 and signed on their behalf by..
Davld Keith
(Chair of Trusleesl
Page 7

MEDICAL MISSION NETWORK
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF MEDICAL MISSION NETWORK
Opinlon
We have audited the financial statements of Medical Mission Netsvork (the 'charity'l for the year ended 31
December 2024 which comprise the Slalemenl of fi'nanci81 acb'vib'es, the Balance sheet, the Statement of cash
flows and the related notes, including a summary of significant accounting policies. The financial reporting
framework that has been applied in their preparation is applicable law and United lfj'ngdom Accounting
Standards, including Financial Reporb'ng Standard 102 'The Financial Reporb'ng Standard applicable in the UK
and Republic of Ireland, (United Kingdom Generally Accepted Accounting Practice).
The financial statements have been prepared in accordance with Accounty'ng and Reporting by Charities
preparing their accounts in accordance with the Financial Reporting Standards applrcable in the UK and
Republic cf Ireland IFRS 102} in prefereno to the Accounting and Reporting by Charities.. Statement of
Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been
withdrawn.
This has been done in order for the accounts lo provide a true and fair view in accordance with the Generalty
Accepted Accounting Practice effects.ve for reporting periods beginning on or after 1 January 2015.
In our opinion the financial statements..
give a true and fair view of the 5tste of the charity's affairs as at 31 December 2024 and of its incoming
resources and appiicalion of resources for the year then ended,.
have been property prepared in accordance with United Kingdom General￿ Accepted Accounting
Practice.. and
have been prepared in accordance wth the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance wth Intemational Standards on Auditing (UK} IISAS (UK}l 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 ieporL We are independent of the charity in accordance with the
ethical requirements that are relevant lo our audit of the financral statements in the United Kingdom, including
the Financial RetN)rb'ng Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in
accordan￿ wth these requirements. We believe that the audit evidence we have obtsined is sufficient and
appropriate to provide a ba$is for our opinion.
Concluslons rolating to golng concern
In auditing the financial statements, we have concluded that the Twstees, use of the going ￿nCerrI basis of
a¢wunb'ng in the preparation of the finarscial statements is appropriate.
Based on the work we have perfomied, we have not identified any material uncertainties relats.ng to events or
conditsons that, individually or collectively. may cast significant doubt on the charity's ability to continue as
going concem for a period of at least ￿efve months from when the financial statements are aulhorised for
ISSU8.
Our resF¥Jnsibilities and the responsibilities of the Trustees with resFect to going concem are described in the
levant sections of this report.
Page 8

MEDICAL MISSION NEfwoRK
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF MEDICAL MISSION NETWORK
ICONTINUEDI
other infomiation
The other information comprises the information included in the Annual report other than the financial
statements and our Auditors, report thereon. The Trustees are ￿pOnSIble for the other inforrnation contained
within the Annual report. Our opinion on the financial statements does not cover the other information and,
except to the extent otherwise explicitly stsled in our report, we do not express any fofm of assurance
conclusion Ihereon. Our responsibility is to ￿ad the other information and, in doing so, o)nsKler whether the
other information is matenalty inconsistent with the financial statements or our kno￿edge obtained in the course
of the audi( or otherwise appears to be materially misstated. If we identify such material inconsistencies or
app2￿nt material misstatements, we are required to determine whether this gives rise to a material
misstatement in the fi'nancial statements themselves. If, based on the work we have performed, we conclude
that there is a material misstatement of thi5 Other information, we are required to report that fact.
We have nothing to report in this regard.
attors on which we are required to report by exception
We have nothing lo report in respect of the following matters where the Charities (Accwnts and Reports)
Regulations 2008 requires us to report to you if, in our opinion..
the infomiation gwen in the Trustees, report is inconsistent in any materHI respect wf(h the financial
statements,. or
sufficient accounting records have not been kept,. or
the financial statements are not in agreement with the aC￿unting records and returns., or
we have not ￿e1Ved all the information and explanalicins we require for our audit.
Responslbllitios of trustees
As expLqined more frJlly in the Trustees, responsibilities stslement, the Trustees are responsible for the
preparation of the financial statements which give a true and fair view, and for $u¢h intemal control as the
Trustees determine is necessary lo enable the preparation of financial statements that are free from material
mi5Statement, whether due to fraud or error.
In preparing the financial ststements, the Trustees are responsible for assessing the chanty's a￿'lIty to continue
as a going Con￿￿. disclosing, as applicable, mattets related to going concern and using the going concem
basis of accounting unless the Trustees either intend to liquidate the charity or to cease operations, or have no
alistic attemative but lo do so.
Page 9

MEDICAL MISSION NETWORK
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF MEDICAL MISSION NETWORK
ICONTINUEDI
Audltors. responslbllltles for the audil of the financial $tstgmgTrts
We have been appointed as auditor under section 144 of the Charrties Act 2011 and report in accordance with
the Act and relevant regulatsons made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial slalements a5 a whole are free
from material misstatement, whether due lo fraud or error, and to issue an Auditors, report 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 a￿vayS detect a material misstatement when it exist5. Misstatements can arise
from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be
expected lo Influen￿ the economic decisions of users taken on the basis of these financial ststements.
Irregularities, including fraud. are instances of nonoompliance with laws and regulations. We design
procedures in line wth our responsibilities, outlined above, to detect material misstslements in respect of
irregularities, including fraud. The extent lo which our procedures are capable of detecting irregularities.
including fraud is detailed below..
We obtained an understanding of the legal and regulatory frameworks Ihal are applicable to the charitable
incorporated organisats'on and detemiined that the most significant are those that relate to the reporting
framework in wnformity wlh the requirements of the Charities Act 2011 and the relevant direct and indirect tax
compliance regulations in the United ￿ngdorn.
We understood how the charitsble incorporated organisation is complying with those frameworks by making
enquiries of management to understand how the charity maintains and communicates rt5 polieies and
proc&Yures in these areas and ￿rrOb0rated this by reviewing supporting documentsbon and minutes of
meetings of those charged with governance.
We assessed the susceptibility of the ¢haritys financial ststements lo material misslatemenL including how
fraud might occur by considering the nsk of management overrKle to be a fraud risk. In addition, we considered
the risk of management override by sampling from the entire population of journals, identifying SFecific
transactions which did not meet our expectsts.ons based on sFecific ¢riteria and investigated these to gain an
understanding and then agree back lo source ¢Jo¢umentabon.
Based on this underst8nding we designed our audit procedures to identify noncompliance such laws and
regulations. Our procedures involved verifying that material transactions We￿ recorded in compliance wrth
Financial Reporting Standards in conformity with the requ1￿Ments of the Charities Act 2011.
A fvrther description of our responsibilitses for the audit of the ffnancial statements 15 located on the Finanaal
Reportrng Council's website at Mwi.frc.o
.uklaudrtorsres
Auditors, reFJOrt.
onsibilib'es. This description forms part of our
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MEDICAL PdllSSION NEfwoRK
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF MEDICAL MISSION NETWORK
ICONTINUEDI
Use of our report
This report is made solely lo the charity's trustees, as a body, in accordance with Part 4 of the Charities
{Accounts and Reports) Regu12tsons 2008. Our audit work has been undertaken so that we might stsle to the
charity's Iruslees those matters we are required to slate lo them in an Auditors, report and for no other purpose.
To the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than the
charity and its Iruslees. as a body. for our audit work, for this report. or for the opinions we have formed.
Baldwin Scofiold Ltd
Chartered Accountants
Statutory auditors
3 Newhouse Business Centre
Old Crawky Road
Horsham
West Sussex
RH12 4RU
13 October 2025
Baloknn Scofield Ltd are eligible to act as auditors in terms of section 1212 of the Companies Act 2Cy)6.
Page11

MEDICAL MISSION NETWORK
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 310ECEMBER 2024
Total
funds
9 months
8nded
31 De¢ember 31 December 31 December 31 Dgc8mber
2024
2024
2024
2023
Restrlet•d Unre9trlttod
funds
funds
Total
funds
Note
Income from:
Donats"ons and legacies
Charitsble activities
Other trading actsvilies
Investments
41.579
1,242,583
129,150
3,026
16.408
1,284,162
129.150
3,026
16,408
204,502
112,953
604
6.089
Total In¢omg
41,579
1,391,167
1.432,746
324, 148
Exp8ndlture on:
Charitsble activities
48.573
571,974
620,547
333. T89
Totsl expendltu
48.573
571.974
620,$47
333.789
Ngt lexpendltureifincome bgfore net
gains on investments
Net gains on investments
Net movement in fund$ bofore other
rgcognlsod galnsl(108ses
16.9941
819.193
16.104
812.199
16.104
(9,641)
14,821
16,994
835,297
828.303
5.180
Oth•r r8cognised galnslllogsesl:
Transfer of assets from preceding
chanty
602,959
Net movement in funds
(6,994)
835,297
828.303
608, 139
Reconcillatlon of fund8:
Total funds brought forward
Nel movement in funds
27,636
{6.9941
580,503
835,297
608.139
828,303
608, 139
Total funds ca￿l0d forward
20,642
1,415,800
1A36.442
608, 139
The Statement of financial actwities Includes all gains and losses recognised in the year.
The notes on pages 15 to 32 fonn part of these finanGial statements.
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MEDICAL MISSION NETWORK
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Note
Flxed assets
Inveslrnenls
13
866,961
250,857
866.961
250.857
Current assets
Debtors
Cash at bank and in hand
14
45,884
534,016
42,392
345,995
579.700
388.38T
Current118bllltios
Creditors.. amounts falling due within one
year
15
{10,219)
(31, 105)
Net current a88e18
569,481
357,282
Total net a88ets
1.436.442
608, 139
Charity funds
Restricted funds
17
20,642
1,415,800
2T,636
580,503
Unreslrieted funds
17
Total funds
1.436,442
608, 139
The financial statements were approved and authorised for issue by the Trustees on 13 October 2025 and
signed on their behalf ty..
Davld Kelth
(Chair of Trustees)
The notes on pages 15 to 32 fom part of these financial statements.
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MEDICAL PdllSSION NETWORK
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
9 months
ended
31
0￿mbe1
2023
31
Dg¢ember
2024
Cash flows from operatlng actlvltles
Net cash used in operating activits'es
771,673
339,906
Cash flows from investing activities
Dividends and interest received
Purchase of investments
16.408
1600.060)
6.089
Not cash (used inyprovidgd by Investlng actlvlties
1583,652
6,089
Cash flows from financlng actlvltles
Net cash provldod by financing activitios
Change in cash and cash equivalents in the year
Cash and Gash equivalents al the beginning of the year
188.021
345,995
345.995
Cash and cash equivalents at the end of tho year
534.016
345,995
The notes on pages 15 to 32 form part of these financial statements
Page 14

MEDICAL MISSION NETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
General Informatlon
Medical MiSs￿n Neknrk 15 a Charitsble Incorporated Organisation registered with the Charity
Commission in England & Wales. The charity's registered number and r￿istered office addre55 can be
found on the Reference and Adminislralive details page.
Accountlng poli¢io5
2.1 Basis of preparation of flnanclal statements
The financial statements have been prepared in *cordance with the Charities SORP IFRS 1021-
AcGounling and Rep)rting by Char(ties'. Statement of Recommended Pracb'ce applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland {FRS 1021 leffe¢trve 1 January 2019). the Financral RepO￿Tr9 Standard
applicable in the UK and Republic of Ifeland IFRS 1021 and the Charities Act 2011.
The financial statements have been PrePa￿d to give a 'true and fairf view and have departed from
the ch8rih.es {Accounts and Reportsl Regulations 2008 only to the exlenl required lo provide a 'lrue
and fairf view. This departure has involved following the Charib'es SORP IFRS 102) published in
October 2019 rather than the Accounting and Reporting by Charities.. Slalement of Recommended
Practice effective from 1 April 2005 wh￿h has sin¢e been withdrawn.
Medical Mission Nelwork meets the definiticn of a publi¢ 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.
2.2 Income
All income is recognised once the Charity has enlilement to the income, ri is probable that the
intome will be received and the amount of income receivable can be measured reliably.
The reccyJnition of income from lega¢ies is dependent on establtshing entiuement. the probability of
receipt and the ability to estimate with sufticienl accuracy the amount receivable. Evidence of
enti￿ement to a legacy exists when the Charity has sufficient evidence that a gift has been left lo
them Ilhrough kn￿edge of the existence of a valid wll and the death of the benefactor} and the
executor is satisfied that the propety in quests'on will not be required to satisfy claims in the estate.
Receipl of a legacy must k reccMJnised when it is probable that it will be received and the fair value
of the amount re￿1Vable. which will generalty be the expected cash amount to be distributed to the
Charty, ¢an reliably measured.
Income tax recoverable in relation io investment income is recognised at the time the invesknent
income is receivable.
2.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic
benefrt lo a third paty, it is probable that a transfer of economic benefi'ts will be required in
settlement and the amount of the obligation Can be measured reliably. ExFenditure is classified by
activity. The costs of each activity are made up of the total of direct costs and shared costs,
including support costs involved in undertaking each activity. Direct costs attributable to a single
activity are allocated direcuy lo thal activity. Shared costs which contribute to more than or¢e activity
and support Costs which are not attributable lo a single activity are apFX)rb'oned belween those
activities on a basis consistent wth the use of resources. Central staff costs are alk)cated on the
basis of lime spent, and depreciation charges allocated on the pOrt￿n of the asset's u*.
Page 15

MEDICAL MISSION NETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting pollcles (conllnuedl
2.3 Expenditure {contlnuedl
Expenditure on charitable actiVit￿S is incurred on directly undertaking the activities which further the
Chanty's objectives, as well as any associated support eosls.
All eX￿nditUre is inclusive of irrecoverable VAT.
2.4 Interest re¢•ivable
Interest on funds held on deposrt 1$ in¢luded when receivable and the amount can be measured
reliably by the Charity,. this is nomally upon notification of the interest paid or payable by the
institution with whom the funds a￿ deposited.
2.5 Investments
Fixed asset investments a￿ 8 form of financial instrument and are initially recognised at their
transaction cost and subsequently measured al fair value at the Balan￿ sheet date, unless the
value cannot be measured reliably in which ¢ase it is measured al cost less impairment. Investment
gains and losses, whether realised or unrealised, are combined and presented as 'GainsllLossesl
on investments, in the Statement of financial acliwtie$.
2.6 Debtovs
Trade and other debtors are recognised al the se￿ement 8mounl after any tr&Je discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.7 Cash at bank and hand
Cash al bank and in hand includes cash and short-terrn highty liquid investments wth a short
maturity of three months or less from the date of acquisition or opening of the deposit or similar
ount.
2.8 Llabilities and provlslons
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past
event. it 15 probable that a transfer of economic benefit will te required in setUemen( and the
amount of the settlement can be estimated reliabty.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the
amount it has received as advanced payments for the goc#Js or services it must provide.
Provisions are measured al the best estimate of the amounts required to settle the obligation. Where
the effect of the time value of money Is material. the provision is based on the present value of those
amoun15, discounted al the pre-Lqx discount rate that reflects the risks spectfic to the liability. The
unwinding of the discount rs rectsjnised in the Statement of financial activrties as a finance cost.
2.9 Flnancial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments a￿ inits'ally recognised al transaction value and
subsequently measured at their settlement value with the exception of bank loans which are
subsequentiy measured at aM0￿.sed cost using the effective interest method.
Page 16

MEDICAL MISSION NETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng poli¢igs Icontinuedl
2.10 Penslons
The Charity operates a defined contribution pension scheme and the pension charge represents the
amounts payable by the Charity lo the fund in respect of the year.
2.11 Fund accounting
General funds are unrestricted funds which are availab￿ for use al the dISc￿tion of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
pU￿oses.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for
parbcular purposes. The aim and use of each designated fvnd is set out in the notes to the financial
statements.
Restncted funds are funds which a￿ lo be used in accordance with specific reslriclions imposed by
donors or which have been raised by the Charity for particular purp05es, The costs of raising and
administering such funds are charged against the specffic fund. The aim and use of each ￿$trIcted
fvnd is set out in the notes lo the financial stslements.
Investment income, gains and losses are allocated to the appropriate fund.
Income from donatlons and legacles
Restrlcted Unrostrictod
funds
funds
Totsl
funds
31
December
2024
31
December
2024
31
Do¢ember
2024
Donations
Donations
Gift aid
Chur¢hes
Corporate
Trusts
33.601
3,728
1,350
118,928
9,750
48,749
3,200
34,196
152.529
13,478
50,099
3,200
37.096
2,900
Subtotal detailed disclosure
41.579
214.823
256A02
Legacies
1,027,760
1.027,760
Subtotal
1,027,760
1,027,760
41,579
1,242.583
1,284162
Page 17

MEDICAL MISSION NEfwoRK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
In¢ome from donations and lega¢ies (continued)
Restncted un￿strICted
funds
funds
9 months
9 months
ended
end8d
31
31
Decen7ber
December
2023
2023
Total
fvnds
9 months
ended
31
December
2023
Donations
Donations
Gift aid
Churches
Corporate
Trusts
20,407
2,172
2,010
55,5T4
4,3T7
16,827
3,350
9,187
75,981
6,549
18,837
3,350
24. 787
15,600
Subtotal detailed dlsclo8ure
40.189
89,315
129,504
Legacies
74, 998
74,998
Subtotal
74,998
74,998
40,189
164,313
204.502
Incomo from charitable activitios
Unrostri¢t•d
fundg
Total
funds
31
December
2024
31
December
2024
Reimbursement from missions
129,150
129,150
Page18

MEDICAL MISSION NETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
In¢om• from charllablo activities {continuedl
Unrestricted
funds
9 months
ended
31
December
2023
Total
funds
9 months
6nd8d
31
DeGgmber
2023
Reimbursement from missions
112.953
112,953
Page 19

MEDICAL MISSION NETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from oth•r trading activitles
Income from non charitable trading aetlvities
Unrestrlcted
funds
Total
funds
31
December
2024
31
Dgcemb8r
2024
Stsmp bu￿aU
3,026
3,026
Unrgstrict8d
funds
9 months
end8d
31
December
2023
Total
funds
9 months
onded
31
December
2023
Stamp bureau
604
Investrnent income
Unrestricted
funds
Total
funds
31
December
2024
31
December
2024
Deposit a￿OUnt interest
Other fixed asset investhents - UK listed investrnents
10,081
6,327
10,081
6,327
16,408
16,408
Page 20

MEDICAL MISSION NETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Investment income Icontinugd)
Unrestrided
funds
g months
8nd8d
31
D￿8Mber
2923
Total
funds
9 months
ended
31
D￿ember
2023
Deposit account interest
Other fixed asset investments- UK listed investments
3,347
2, T42
3,347
2, 742
6,089
6,089
Analysis of expenditure on charftable activities
Summary by fund type
Restricted Unrnslricted
funds
fund$
Total
31
DeGember
2024
31
December
2024
31
DeceM￿r
2024
Direct costs- Charitable actI￿tIeS
48,573
571.974
620.547
Restricted Unrestricted
funds
funds
Total
9 months
9 months
9 months
ended
ended
ended
31
31
31
De￿rnbel
Decembei December
2023
2023
2023
Direct costs - Charitable activities
19.563
314,226
333,789
The purpose of the Charitable activities was to provide rned￿al and other rel￿f.
Page 21

MEDICAL MISSION NEfwoRK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Analysis of exp•ndituro by activities
Activities
undertaken
directly
Support
costs
Total
funds
31
December
2024
31
Dfy¢ember
2024
31
Decembor
2024
Direct costs- Charitable activities
613,689
6.858
620,547
Activihes
undertaken
diTrctly
9 months
ended
31
December
Support
Total
cost
funds
9 months
9 months
ended
ended
31
31
Decembei December
2023
2023
2023
Direct Costs - Charitable activities
332,075
1,714
333. 789
Analysis of dlrect C08ts
Total
fund8
AetivitiOS
31
31
December Docember
2024
2024
Employment costs
Grants all￿ated to medical mission work- individuals
Grants allocated to medical mission work- institutions
Goods supplied to medul mission work- institutions & individuals
Charity Running Costs
114,727
9,000
307,776
124,107
58.079
114,727
9,000
307,776
124,107
58,079
613,689
613,689
Page 22

MEDICAL MISSION NEfwoRK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Anaty8i$ of expendlture by activities (continued)
Analy818 of direct Costs Icontinued)
Total
funds
9 months
ended
3t
December
2023
Activities
9 months
ended
31
Dec6mber
2023
Employment costs
Grants allocated to medical mission work - individuals
Grants allctated to medical mission work- institutions
Goods supplied lo medical mission work- institutions & individuals
Charity Running Costs
49.871
2.500
117,488
131,908
30,308
49,8TI
2,500
117,488
131,908
3Q,308
332.075
332,075
Analysi8 of 8UPPOrt costs
Total
funds
Activitigs
31
December
2024
31
December
2024
Finance
Management
Govemance
630
1.153
5,075
630
1,153
5,075
6,858
6.858
Total
Activities
funds
9 months
9 months
end@d
ended
31
37
December D8cember
2023
2023
Finan
379
1,335
379
1,335
Management
1, 714
1,714
Page 23

MEDICAL MISSION NEnNORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Anatysis of expenditure by activities Icontinued)
Analy$is of support costs Itontinuodl
Auditors. remuneration
9 months
ended
31
Decgmber
2023
31
Docomber
2024
Fees payab￿ to the Charity's auditor for the audit of the Charitys annual
accounts
5,500
During the prior financial year. the charity was subject to an independent examinatton, The independent
examination fee for the prior year amounted to £850.
10. Staff costs
9 months
ended
31
Decembo
2023
31
DeGember
2024
Wages and salaries
Social security costs
Contributs'on to defined contribution PenS￿n schemes
104.226
5.289
5,212
47,504
2,367
114.727
49.871
The average number of persons employed by the Charity during Ihe year was as follows..
9 months
ended
31
31
December December
2024
2023
No.
Charitable *wits'es
Page 24

MEDICAL MISSION NETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
10. Staff costs IcontiDuedl
No employee received remuneration amounting to more than £60,000 in erther year.
The Charity considers ils key management personnel comprises the trustees and the whole staff team
given the number of stsff employed. The total employment benefits induding employers pension
contributions of the key management personnel were £114,727 for the period from lo 31st December
2D2419 months to December 2023- £49.871 I.
11.
Trustees. remuneration and expenses
During the year, no Trustees received any rernuneralion or other benefits (2023- £NIL).
During the y8ar ended 310ecemter 2024, no Trustee expenses have been incurred (2023- £NIL).
12. Tanglble fixod assots
Fixtures and
frttings
Cost orvaluation
At 1 January 2024
4195
At 310ecemb8r 2024
5,195
Deprnciation
At 1 January 2024
5,195
At 31 December 2024
5.195
Net l>ook value
At 31 December 2024
At 31 De¢emb8r 9 months to Dec-23
All material fixed assets are used in the support of charitable acb'vities and for the administratration of the
¢harity.
Page 25

MEDICAL MISSION NETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
13.
Flxed asset investments
Llsted
Imiestments
Cost or valuation
At 1 January 2024
Additions
Revaluations
250,856
600,060
16,045
At 31 December 2024
866,961
Net book value
At 31 De￿rnber 2024
866,961
At 31 December 2023
250,856
There were no investment assets outside the UK.
All investments are held to provide an investment retum for the charity.
14.
Debtors
2024
2023
Due wlthln one year
Trade debtors
Other debtors
Prepayrnenls and accrued ir￿rne
29.382
386
6,819
4,877
4,220
20,240
1,669
7,060
9,244
4,179
VAT
Gift aid tax r￿verable
42,392
Page 26

MEDICAL MISSION NETWORK
NOTES TO THE FINANCIAL STATEPJlENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
15. Creditors: Amounts falllng due within one year
2024
2023
Bank overdrafts
Trade creditors
Other taxation and social security
Accruals and deferred income
164
5,657
4,519
20, 765
490
2,471
7,258
10.219
31,105
16. Financlal instruments
2024
2023
Flnanclal assets
Finanaal assets measured at fair value through income and expenditure
534,016
345.995
Financial assets measur&J at fair value through income and expenditure comprise bank balan￿s.
Page 27

MEDICAL MISSION NETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
17. Statement of funds
Statement of funds- current year
Balance at
31
Gains1 De¢•mber
(Lossès)
2024
Balan￿ at 1
January
2024
Transf8r¥
inlout
Income Expendlture
Unrestrlcted
fund8
Designated
funds
Kalene Medical
Equipment
Fund
6,253
16,253)
General funds
General Fund
574.250
1.391,167
1571.9741
6,253
16,104
1,415,800
Totsl
Un￿striCt0d
funds
580.503
1.391.167
(571,9741
16,104
1,415.800
Reslrlclod
fund5
Designated
Gifts Fund
27,636
41.579
148.5731
20,642
Totsl of funds
608,139
1 N32,746
(620,547)
16,104
1.436,442
Page 28

MEDICAL MISSION NETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEPIIBER 2024
17. Statement of funds l¢ontinuedl
Statement of funds - prior year
Balance 81
31
December 9
months to
D8c-23
TTrnsfers
irfoul
Gain
(Loss9s)
Incom8 Expenditu
Unrestricted funds
Designated fundg
Kalene Medical Equipment
Fund
6,253
6.253
General fund5
General Fund
283.960
(314,226J
589,695
14,821
574,250
Total Unrestricted fund$
283,960
(314.226)
595,948
14,821
580,503
Restricted funds
Designated Gifts Fund
40,189
(19,563)
7.010
27.636
Tolol of funds
324, 149
(333, 789)
602,958
14,821
608. 139
Genoral Fund
The general fund is unrestricted and ts)Ids accumulated surpluses for future charrtable activities.
Kalen• Medical Equipmont Fund
This designated fund provides funds for the pU￿hase of medical equipment for the hospital at Kalene,
Zambia.
Many years ago trustees set aside some funds to help buy equipment for the mission hospital at Kalene.
The political s+tuation has changed over the years and the funds have been sat there largely untouched.
Following a visit by of the trustees, the board agreed during the financial yeai lo reallocate the
designated funds back to General funds as the charity will not be supporting the hospital at Kalene
anymore.
Deslgnated Gffts Fund
This fund consists of gifts recewed for a designated purpose during the year, not paid as al the end of
the year.
Page 29

MEDICAL MISSION NETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
18. Summary offvnds
Summary of funds- current year
8alance at
31
Gains1 Docember
(L05ses1
2024
Balance at 1
January
2024
Transfers
inlout
Income Expenditure
Designated
funds
General funds
Restricted
funds
6.253
574,250
{6,2531
6,253
1,391,167
(571,9741
16,104
1,415.800
27,636
41.579
(48.5731
20.642
608.139
1,432,746
{620,547}
16,104
1,436,442
Summary of funds - prlor year
Balance 8t
31
DeGember 9
months to
DeG.23
Transfers
in/oul
G8in&v
(Lossgs)
Inmn6 Expenditur8
Designated funds
General funds
Restricted funds
6,253
589,695
7.010
6,253
574,250
27,636
283,960
40,189
(314,226)
(19.563J
14,821
324, 149
(333, 789)
602,958
14.821
608. 139
19. Analysio of net assots between fund8
Analys1$ ol nel assels betwegn funds - current p8rfod
Restricted Unrestrlctod
funds
funds
2024
2024
Total
funds
2024
Fixed assel investmenis
Current assets
Creditors due within one year
866.961
559.058
{10,2191
866,961
579.700
{10,219)
20.642
Total
20,642
1,415,800
1,436,442
Page 30

MEDICAL MISSION NETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
19. Analysls of net assets between funds Icontinuedl
Analysis of net assets bet￿en funds . prior period
Reslrict8d UnrestriGt8d
funds
funds
2023
2023
Tot81
funds
2023
Fixed asset investments
Current assets
Creditors due within one year
250, 857
360, 751
(31, 105)
250, 857
388,387
(31. t05J
27,636
Total
27,636
580,5Q3
608, 139
Reconciliation of net movem•nt in funds to net cash flow from opor•ting activities
9 months
ended
2023
2024
Net income for the period {as per Staternenl of Financial Acb'vitiesl
828,303
5.180
Adjustments for:
Amortisatson charges
Losses on investments
Dividends and interest re¢gived
Increase in deblors
Increasel(decrease} in creditors
366,923
(14.821)
(6.089)
(42,390)
31,103
(16,045)
(16.4081
13.2921
120,8851
Net cash provlded by operatlng actlvltles
771,673
339,906
21. Analysls of cash and ca8h equivalents
2024
2023
Cash in hand
$34,016
345,995
Total cash and cash oqulvalents
534,016
345,995
Page 31

MEDICAL MISSION NETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
22. Analysi8 of changes In net dgbt
At1
January
2024 Cash flow8
At31
December
2024
Cash al bank and in hand
Bank overdrafts repayable on demand
345,995
{164)
188.021
164
534,016
345,831
188,185
534,016
23.
Pension ¢omrnitinonts
The charity operates a defined Contribution pension scheme. The assets of the scheme are held
separately from those of the charity in an indeFendently administered fund. The penS￿n cost charge
represents contributions payable by the group lo the fund and amounted to £nil 19 months ending 31
December 2023: £nill were payable to the fund at the balance sheet date and are included in creditors.
Page 32