MILITARY MINISTRIES INTERNATIONAL IA ¢ompany Ilmlted by guarantee) DIRECTORS, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024
MILITARY MINISTRIES INTERNATIONAL IA company Ilmlted by guarantee) CONTENTS Pag¢ Reference and administr8b'¥e details Dir8Ctors' report Independont ex8minerfs report Statement of financial a¢tivthes 10 Balance Sheet Notes tr) the financial ststernents 12-18
MILITARY MINISTRIES INTERNATIONAL IA ¢ompzny Ilm1t by guarantee) REFERENCE AND ADMINISTRAnvE DETAILS OF THE COMPANY Company directors Revd Mark Chestsr. Chair Richard Downe8 Revd David Gilchr1 Willi8m Graham Susan Wichert Alister Mogford ElrLabeth Shuli Company secretary Pamela Davis (appointed 5 July 20241 Company registered number 13748875 Ch8rity gIstsred number 1200420 Registered office F+avel¢xk House Barrack Road Aldershot GU113NP Independent examiner Emmaus Chartered Accountants Ltd 377-399 London Road Cambertey Surrey GU15 3HL Bankers Barclays Bank Leicester LE87 2BB
MIUTARY MINISTRIES INTERNATIONAL IA cornpany Ilmlted by guarant••) DIRECTORS, REPORT FOR THE YEAR ENDED 31st DECEMBER 2024 The Directors Iwho we also Trustees of Ihe charitable corya)yl present Uieir a)nud reporttogetrer wth Ihe financia staternents ol Milrtary ministh.es Internab"onJ for the year 2024. The Annul report serves the purposes of bolh a trustees, report and a directors, report under cornpany law. The Oirecttsts Confirm Ihat Ihe nual report and finanaa statements oflhe chartable cornpanycornpty wth the ¢urrent statutory requirements, the reqU1ments ofthe ¢hwrt&)le companys 9oveminq docurnent and Ihe provisions ofthe Statementof Recommended Prath'ce ISORPI apIcae to charit'es preparing their xcounts in XC0TdCe wth the Finanua Reportng Stsndard applcaNe in the UK and Republic of Irdand IFRS1021 leffecbve 1 January 20191. Since the Cornpany qualifies a$ small under section 382 of the Cornpanies Act 2006, the S1rateg¢ report r•quired of medium and targe CompleS under the CompleS A¢t2Cth {StrateC Report and Directors, Report) Re9ulations 2013 has been ornitted 1. Objects, Mlsslon and Publlc 8enefft The main objert of MMI i% the promotion ofthe christs.an fath. &"n ts irp"0n it has f¢oJssed its activities on the amied forces to encourage efwip men women in the armed for¢es of the world to be effective Chnstsan th"saples atwork and home, growing a8 Christtans and maknng Other dISPIeS. MMI'S wtrk advances ChrBts"ty by promoting rn8bJre and effed.ve Military chri5tr.an FellOEips IMCFI and Chaplaincies thatfofiow orthodox chrisb.an tehing in parfJ"cular with gard to thè profession of anns. MMI'S work all those in Ihe ne forces ofthe worfd prepared to listen to the Christian message allOr receNe Christian ministy Mlitary Ministn'es Intemab'onal isa pUC benefrt entity under FRS102 The TrLtste8s have undertakers to ensure cornpliance wth the Chanty Commission's publ benefit guidance when seth.ng wt-makj.nu polity reviwn9 the ams and objectsves of the ¢h8rity. MMI trkes the Aposttes, Creed as ts ststement off•th, works with those chairbes 8nd N- Govemmental Organisabons that also subscnbe to the Cr8ed. and seeks to xhieve rt5 miss through facilrtth.ng conferences. serninars. retreats and sympoa at loca, n"onal, regional and internat'onal level Ihroughout the re05 we eperate in. These are Afn"ca, Europe. Uioldle East and South Asi8. To support Ihese ti¥$ we l)uild and rnaintsin relatr'onships through communution, ¢orrespondence and by regular visrts to Chrisbans serving in and workn.ng wth these regions'armed forces. MMI also mantsins contact and CommunOn wilh existing ¢haplainoes in the counlries in which it operates 8nd ppOrt$ efforts to form thaanC48S in counlries whth currenty do noih8ve them. MMI is one of three prille4p supporbng organis"¢ns for the worfthwde AssrKi8tion of Military Christian Fellowship5. It has &ster organtsabons in the Unrted States of Amwica and the RewblK of KDr¥a which opere along lines tyrt witrt drf[ent weas of interest and drfferent. independent boards of directrys. There ts some ¢)vlap wknership in thrfj'es.
MILITARY MINISTRIES INTERNATIONAL (A company limited by guarantee)
DIRECTORS' REPORT FOR THE YEAR ENDED 31st DECEMBER 2024
2. Structure, Governance and Management
The company is limited by guarantee and does not have a share capital. Members of the charity guarantee to contribute an amount not exceeding £10, to the charity in the event of winding up.
The company was incorporated on 17 November 2021 under a memorandum of association, which established the objects and powers of the charitable company, and it is governed under its articles of association as amended by Certificate of Incorporation on change of name dated 18 November 2021, and special resolution passed on 27 July 2022.
Military Ministries International was incorporated as a charitable company limited by guarantee, and registered with the Charity Commission for England and Wales for the purpose of adopting the charitable trust 'the Association for Christian Conferences, Teaching and Services', which had used the working name 'Military Ministries International' for many years, in order to carry on the activities of MMI under a corporate structure. The new company commenced operations on 1st January 2023 at which point it adopted the staff of the former charity and commenced a gradual transfer of all the charity's assets and liabilities. The transfer of remaining funds was completed by 30th April 2023 and the trustees applied to the Charity Commission for a dissolution of the old charitable trust.
The directors of the company also comprise the membership and they are the trustees of the charity, The number of trustees is limited to a minimum of three and a maximum of twelve.
The Trustees are recruited by invitation and appointed by the existing trustees as set out in the Memorandum of Association. New Trustees normally serve a probationary period of one year on a sub-committee, before being appointed to the Board, unless they already have an established relationship with the organisation, during which time a programme of induction takes place. The Trustees meet three times each year.
The following served as directors during the year: Revd Mark Chester (Chair) Pamela Davis (retired 3 July 2024) Revd David Gilchrist William Graham Michael Paterson (retired 6 March 2024) Susan Wichert Roland Schuli (retired 6 March 2024 ) Richard Downes (appointed 23 July 2025) Alister Mogford (appointed 23 July 2025) Elizabeth Shuli (appointed 23 July 2025)
The Members of the Company guarantee to contribute an amount not exceeding £10 to the assets of the Company in the event of winding up.
MMI is managed by a Chief Executive/Team Leader (CE/TL) recruited by the trustees. Currently, the CE/Tl's team comprises an Executive Secretary, a Finance Secretary, a Finance and Administration Manager and a Team Leader for Prayer and Communications. All four posts are part-time. MMl's regions are supported by part-time Regional Team Leaders (RTL) often, but not exclusively, living in the region or being fluent in the major language(s) of the region (for example, Russian, French and Portuguese). MMI seeks to collaborate with like-minded charities and Christian men and women of or retired from regional armed forces to fulfil its mission.
- 3 -
MILITARY MINISTRIES INTERNATIONAL IA ¢ompany Ilmlted by guarantee) DIRecTORS REPORT Icontinuedl FOR THE YEAR ENDED 31st DECEMBER 2024 3. Activities and Plans 2024 has béen a significant one for MMI and ha8 Involved rnajor stiategic events- MMI s50th Anniversary and the decenni81 World Conference of the Association ol Military Christ'an Fell¢wshit IAMCFI in Brazil. This has al$0 been a very positiv8 year for fundraising In tho eontext of the 50th Anniversary, the 18sults of which has placed MMI in a soun¢J financial position for the next three years, enabling ttte mission on a montt)ly basis and providing'bièathing Space, for the Execu& and the Trustees to lay plans for achiving the goal ol eliminating the enduring structural financial defi(xt by 2030. Significant staff moves have also taken 8C8. In M8y. the CEifL announced that hewshed to iebre by 31st July 2025 and thè iiusiees h£ve been focused on 3 campaign to retAa¢e hirn MMI'S Executive Secretary also retiied in June 2024 and ha5 been succèded by an Individual who so works part-time for the UK Afm8d For¢e6 chrstian Union IAFCUI, 6trengthening further the mpDrtant link wth them. MMI'S Regional Team Leader IRTLI lor East & Southein Afiica announced that he would r8tuining to h15 na'vè 7Jmbabwe earty in 2025 8nd thi8 enat4ed MMI lo take further step to achieve our aspirabon of more of our team operating in the regions they sèrv¢.Our RTL for Lusophone Africa also announced h15 retrement and his re 8¢eMent, 8180 from P0gaI, has been identfied. Qui R TL loi Francophone Africa has also had lo reb're becausè of Ill hèalth in his family and MMI has not been ae to reklace him a$ yel Liaison our Francophone Africa oontaet conts"nue8 through the liaison efforts ol another of our 8taff, who is a fluent Fren¢h speakèr. MMI was founded in 1974, the offspring ol our American sister oroanisat'on, ACCTS. MMI. ACCTS and Ouf Other sister organisab.on in South Koroa, MSO, make up the Principal Support Organi8ations IPSO) that enable the activities of the AMCF. MMI'S 50th Anniversary eelebrobons In 2024 took forms a fundraising at6eil down the tower of Guildford Cath8dial in June and a weekentj of ac15Vltes for the MMI team, supporters and international friends in Camberfey in September. The Centrwece of the ¢elebrations was a seice of Thank5 Jving at St Paul's Chur¢h. Camberley. at 1ch our outgoing Patfon, The Lord Dannatt, gave the keynote address The 50th Weekend gave us opportunity both to recall, wth thanksgiving, what our antecedents h8d achieved. some of whom have given their lives whilst on active service wth MMI, and to prayerfully lookto the future. We were delighted that so many ol our Iriends from overseas, especially fmm ACCTS, werè ablts io be Yith us. Around £50,000 was raised during the year. which Wds fun&m£tched by one very genero Supportèr. Fundraising of over £100,000 means that MMI can cover its mission objectives for lh8 next three years, whilst improving rts struthjral financial position, developing a laiger 5UPPOrt Lose and finding new sources of income. This vrtal work wll be a kèy focus fof the new CErrL from 2025 onwards Th8 AMCF Worfd Conference wa$ hosted trty th8 Brazilian MCF Ipolicè and military) antj drew800 delegates frorn around the world lover 1,000 when all Brazilian paFtscip8ting military organisab.ons We attending) to spend a week of praise, player, teaching and fellovwEhip followng the themé, "Anse, shine" from Isaiah 60..1 The AMCF family feels that the tirne 18 right for MCFS around tha worfd to be focused on the evangelism of their nation and the conference explored bow that might be one, encouraging 8 younger geneiabon of military christy.an leaders to nse up and tske their Vace in the mission. MMI was well represented and we enjoyed rich fell1pt delegates from our regon$, in¢luding Asia Ilndia, Sri Lanka and Nepall, Middle East lespe¢yally a Palesbnian polic de5egatel and Africa la largè contingentfrom across that conts"nentl. Whilst the MMI leadership remains scepb.eal that decennial Wodd Conference represents the best use ol global funds. therè is no doubt that thore was rich ble$$ing from God during the week.
MIUTARY MINISTRIES INTERNATIONAL IA company Ilmlted by guaranteel DIRECTORS REPORT leonlnuedl FOR ThE YEAR ENDED 315t DECEMBER 2024 3. ActItIeS and Plans Icontlnue Atthe end ofthe Conference the AMCF Pregdentia Benth Iworld Pfewdent Ihe 14 V¢• Predentsl, supported by MMI. ACCTS and MSO. rnet for day5 f¢x their Quinquenni Corference. Key iswjes for MMI whi( fell outofthi% tirne were an weementfor. MMI to rnake a ¢on¢rete proposal for a se¢ond Vice Presdentfcrf S Asia Irequi¥ed bewse of the polib"ca.' stand-off btheen Pakn'stan and India)." MMI to consder a re¢onfiguTab"¢)fi of tre VKe Presidenb"al supportfor Europe (including whether a third Vice P[lent rnit be required),. Ihe PSOS to ¢ontinueto meet termly and cOnder bow miltiw mintstyshould be pursued in the light of Ihe soc4etal moral constraints being fd ¥obaty. There has been a ggnfficant boty of minBty the regTrons ¢Jring 2024, some Ihfough colkborab"en. paiti¢ularfy vthh the Internab'onal Assoa8bon of Evangelal Chaplains IIAECI Milrtary Chr6b Fellowships IMCFS) in our giOnS have hosted and flitated the Ec Chaplains course. The Pothguese MCF la¢ilitsted the course in Lusophone Aln"can countries, w$"ng C41e Verde in April and Angola in May. Courses also took place in Krfu, whwe the Nepal MCF hosted 25 delegates. with our co-worker Pastor Blesson trom Intha on the training team. In Madagas(ar Chaplains Course was so njn, led by a team indud'ng our ¢o-worker Auwstifte Ttheftktyma, from Cameroon, and the Re9ion AMCF ce Presdent General Rarna5iteTa. 30 full.time delegates and a number of day atteftdees from 10 countries pb&"patsd ift T Mountain Top Interaction ITMTII. based at the RoCand5 Centre ne¥ the Simon s Town Nwal Base, 16-24 November. Th? te8cing covered a variety of topts and IrKused on.. how God sees soldier5 le.g. Mathew 8, Acts 101". what pnnaeS of atlibjde and conduct mil¥iary ChrEbans shoul¢J follow le.g. Luke 3..141'. Christsan eth-what afe they how to apply them in daty setvice, on deployment and in combat18.g. Arnos 5. Prove$ 31.'8+91", fefiecting on Ihe mtaning of the 5trh ¢ornmandrnent for military personnel. Above 1, the tsa¢hing matefj ¢onYeyed how militwy Chri5b)s Can tryst in God's ¢ngoing reliable we5ence and guidafj¢e (Psalm 91. Eph 6."10-171. An important mini5ty trip to knberia took ptxe. Ihe first by MMI for at least ten year5. Our RTL for WestAfrica was accompanied by tre AMCF Vice President for West Africa. Bfigadier MikeApats from Ghana. The aim was to en¢¢)urage and supportthe small but rnotivated and ovtw¥tH50k¥ng MCF. Not only was Ihe mintsty effecbve bLrtW8 ffwjnd great gjpportfor the workfrom the thief of staff of the Army and the ChiefChapl•n. The European Milrtary Chrisban Meeb"ng, EMCM. agn took plxe at Zeliv Monastery. C2eth Reptsbli¢. in Moy. Sixty-one delegates attended thi5 4 day conlerence. from 19 nab"on$. Wewere parb¢ularty glad to host younger serving men and women from Abania, Germany. The Netherlands and Sweden. The conference theme was, -Let Your .ght Shirse." based on M8tthew 5.16 John 8".12, foreshadowing the AMCF Vvorfd Conference theme. The theme not enty ernabled solii Bible teaching. sharing of experientes and prayer requests from v8ri0us MCFS ift small w¢)up seOJ"ngs. but atso proved to be an excellent resource for delegates to use in their MCFS. Despite tr8nsport8tson Chlenge$, all degateS Successful rNed at Ihe conference, and rebjmedhome safely.
MILITARY MINISTRIES INTERNATIONAL IA eompany Ilmlttd by guarantee) DIRECTORS REPORT leontlnuedl FOR THE YEAR ENDED 31st DECEMBER 2024 3. Actlvltl•s and Plans Icontlnuedl Sady. we lost a very good fn.end in April. General Francis Ooolla, Chief of the Defence For¢8s of the Kenyan Army, a much admired but humble Christian lead8r, was tragically kJ"Iled in a helicopter accident. We were pnvileged to be able to Send Max Mupondi. our R TL for East and South8rn Africa to commiserate wtrTr his family and wrth the Kenyan MCF. Worfd events have not made MMI'S work easier ¢uring 2024. SpecificlY, the planned misgon vi$it to Jordan and Leb8non, already postponed from 2023 by the 7th October attacks by Hamas on Israel. was again postponed because of FCDO-clrected travel restrictii)ns, especially in Lebanon. It is now hoped thatthis much-needed vigt will tske plaoe during 2025. Finally, the Directors are very gratefvl to the MMI 5t8ff team for Iheir generosrty in approaching MMI'S finances during 2023 and 2024. In the light of financial difficultes, the staff agreed. wlhout Directors, having to ask, to voluntsrily take a 10% cut in their s81ary, the CWL volunteering to take a 50% cut in his. With the $ignifi¢ant uptick in MMI'S available resources as a result for fundraising trisyear, the Directors are d&termined to review staff salaries in esrfy 2025 with a view to reversing tt)e voluntary cut and aligning salary levels with inflation. 4. Flnanclal revlew The 50bh Anniversary appeal made 2024 an exceptional year for MMI'S income whlch showed an overall increase 0132% to £305,33812023." £230,886). Donatsons frorn regular supporters Intsrea$ed by 18% to £57,11412023." £48,340) and with attributsble GiftAid this covered approxim8tely35% of MMI'S expenditure with the balan¢e ¢oming frorn ad hoc gifts and org8nisatsonal grants. The Trustees are keen to increase the amount of iegular givin9 to make MMI less vulnerable to variations in income and have decided to use tt)e 51Xh Anniversary appeal proceeds to smocth the cash flow over the nextthree years thile effort is made to strengthen the OTganis8tion'5 fvnding base. Expenditure on Charitable Activities amounted to £186,57612023". £190,913) wth the slight reduction beino attributed mainly to the voluntary 10% reduction in staff salanes during the year. Primarily as a result of Ihe 8ppe81 there was a net Surplus of £109.359 generated during the year and reserves Carried forward of £230,63512023.' £121,276), leaving MMI in a strong position lo movè foard with the 2025 programme and invest in strengthening the organisation forthe future.
MILITARY MINIST1Es INTERNATIONAL IA Company Umlte¢J by guarantee) DIRECTORS REPORT Iconllnuedl FOR THE YEAR ENDED 3151 DECEM8ER2024 4. Flnanclal revlew Icontlnued) Reserves poli The Trustees Wm to maintsin a Minimum unrestrLled reserve of£30,000 to piovide for stal salane5 and routsne running c¢ists in the event of the ¢hwty h8ng to cease operations. Thi5 reSee will not be Committed wrthout the apwo¥al ofthe rnajorty oflTUStees and on the recommendab.on oflhe Executive Counal Consideration 711 be gven to commrtb.ng the serve, or ptlhereol, rffijnds are not available to pay any date-sensthve t4'11. In b)e event of the reserve being ¢onmitted. MMI rnainstream activty wll be mininxsed unb"l a reserve of £30.(M)O h85 been r8-est8blts. add'b"on Ihe Trustees atm to mwntsin unrestricted ie5erves of at least £40,000 to enable commitments to be made fortravel events up to trlelve monlhs into the futyre. Going Concem After making appropriate enquiries. the Director5 have a reasOne ey4Jectsb"¢)n that Ihe Cjnyany has adequate resources to conbnue in operational existence for the foreseeable fvbjre FoTthis reason, tr)ey ¢onb"nue to adoptthe going basis in preparing the statements. S. PrIncI1 ilsks The Directors have identified the severity ol Ihe riststo %Yhich Ihe tharity is potenb4ly expc6ed. They have also considered the Iikelihtsod of those risks The steps taken to rngate those risks have b88n assessed in light of both the seventy and likdihood of each Risks have been summar15ed into appropriate categories covering the pnnapa areas of vision and mission intw'ty. Charity law and regulation, governance and rnanagernent field worK finance pyoperty. staff. external inftuences and furlher opportunib"e5. MMI'S nsk assessment is updated *nually and approved by the trustees_ MMI depends to alorge exient on irregular land therefore unPth.¢bleI dwations to covwboth Tunning costs and rninisty Te rnibgate the risk. trustees have thrected th8t a £30.000 reseNe be rnaintatned to cover stabjtory responS"1j"eS in the event of insolvency. While this is not i(kd. and we are taking $t¥p$ to widen our rgwlar supporter base in UK and over5ea5. itseetrts G¢Jd uses this to keep us dependent on Him. MY of our supporters bave been with us sn¢e our st¥t in 1974. and are now elderEy. Our efforts to wden our gJpp¢)rter base wll bfing in younger people wilh a neartfor the ministy to which we are called. In ath1.0n. we are tsk2.ng stepsto increase the nurnberof ¢hur¢hes. t>oth in UK and abroad. wpporbng us regulY.
MILITARY MINISTRIES INTERNAMONAL IA company fimlted by guarantsel DIRECTORS REPORT Iccfillnuedl FOR THE YEAR ENDED 31st DECEMBER 2024 Statement of Dlrectors. r•sponslbllltles Company law roquire5 Ihe Directors tr) prepare financa4 ststements for each financia year Under company law, the Diredors rn(tst not approve the fin1 ststements unles5 they are 5atsThed that ttley give a true and fair vtew of the state of aff•r5 of the Company and of rts incoming resDJrces and applicab.on of SourCes, including its income expendthre. forlhat period. In preparing hese finanoal ststements. the Directors are required to". - select suitable 8ccounl.ng polKes and theft applythem congstenty, - observe the metho(k and prinoples of the charib.es SORP IFRS 1021., - make judgrnen15 and ac¢ounting esbrrtes thal are re&son8ble and prudent - state whether appIable UK Accovnb"ng Standar<ls IFRS 1021 have been followed. subjeato any m8terial deParreS thsc105ed znd explained in the finwal atements", - prepare the financia statements on the goino ¢OreM basas uTrless r( is inawopnate to presume that the Company wi51 continue in bustnes The Directors are resporssible for koepng ade¢wats •xounlr"ng recerdg1hat are Strtf1ent toshow and explain the comp15 transxtions and disdose with reasonabje time the finanaal posibon oflhe Company and enable them to ensure that the finanual ststernents CDrny the Cornpanies Act 201. They afe also responsible for safeguard'ng the assets ofthe Company and hence lor takn.no reasonable slepsforthe prevention and detecton offiwd and other irregulartes 13 -..10- . And wa5 sibThd for on bthaf The reportwa5 approved bythe trustees on ......... olthe board by.n4f.+L..LsW. Trustee
Independent Examiners' report to the Trustees on the unaudited accounts of the MILITARY MINISTRIES INTERNATIONAL
I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31 December 2024 which are set out on pages 10 to 11 following, which have been prepared on the basis of the accounting policies set out on pages 12 to 18.
Responsibilities and basis of report
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Sarah Shearer FCA
Member of the Institute of Chartered Accountants England & Wales
Emmaus Chartered Accountants 377-399 London Road Camberley Surrey GU15 3HL
Date: 16 October 2025
MILITARY MINISTRIES INTERNATIONAL
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING
INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31st DECEMBER 2024
| 2024 | 2023 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Totl | Total | ||
| Notes | Funds | Funds | Funds | Funds | Funds | |
| £ | £ | £ | £ | |||
| Income from: | 2 | |||||
| Donations and legacies | 259,197 | 45,101 | 304,298 | 226,685 | ||
| Other income | 1,040 | 1,040 | 4,201 | |||
| Total income | 259,197 | 46,141 | 305,338 | 230,886 | ||
| Expenditure on: | ||||||
| Charitable Activities | 3 | 136,524 | 5,142 | 44,910 | 186,576 | 190,913 |
| Fundraising | 9,403 | 9,403 | 3,220 | |||
| Total expenditure | 145,927 | 5,142 | 44,910 | 195,979 | 194,133 | |
| Net movement in funds | 113,270 | (5,142) | 1,231 | 109,359 | 36,753 | |
| Transfers beteen funds | 10 | (110,390) | 109,732 | 658 | ||
| Fund balance brought forard | 90,731 | 13,882 | 16,663 | 121,276 | ||
| Net assets transferred from | ||||||
| predecessor charitable trust | 14 | 84,523 | ||||
| Fund balance carried forward | 93,611 | 118,472 | 18,552 | 230,635 | 121,276 |
The notes on pages 12 to 18 form part of these financial statements
- 10 -
MIUTARY MIIIISIRIES INTERNAoNL (AmPanY limit4d by guarantee) 8AL4NCE SHEET AT 31 LECEMBER 2024 2024 2023 CURRENT ASSETS Debtors Cath al bar and li 4742 118747 127.133 5.857 233,819 3.184 cREToRs amourrt8 laUirYJ dUev+kn 1 year NET¢URRENTNsseTS 121.270 TOTAL tsSETS LESS ¢LIftRENT LLABIUMES Charity funds Rericted income fuTrJs unrted funds- Gonertl 18.SS2 93.611 118.472 16.e63 .731 13.882 TOTAL FUNDS 2X).S35 121.276 Tho Charity hokjs no end0rI T entty entlued to exempbjo fvom a)4 rSel 477o1thtr Act . The members hav¢ not required the erthtyto obtain an athl8 kJrlM yearin qTrIn actordance whth tsectrjn 476 ofthe Coryanieskt 2CK6. The rectOrS acknowledge thEr&sPOnSbffiw for cOrrPrIj Y&hthe rEqLMrErr ofttE Pd ih respect lo aceounhng recordt 8twJ preparknn OffirKI•l 8tatemerrt8. The financial stslements have Len prepared in a¢cry4ar prDViSM applbt0 entiti68 Subject to the 8mall Mpae$ regin. The fin8ncral stalemvnts were approved and audred by Ihe tire(*) on... and on theSr behllby". Revd Mart Chester - CPAirman r¥JtesoM pages 12 10 18 fom partofthe8e fir0rKial slatem
MILITARY MINISTRIES INTERNATIONAL IA cornpany Ilmlted by guarantee) NOTES TO THE ACCOUNTS FOR THEYEAR ENDED 31st DECEM8ER2024 Note 1-. Accountlno PollcOe$ asis of re ara ncial statements The financial statements have been prepared in accordance with the Char"e$ SORP IFRS 1021 A¢¢ountyng and Reporting by Charits"es". Statement of Recommended Pr8¢tice applicable to chartreS preparing their acGounts in accordance wth the Financial Reporting Stand8rd applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191, the Financial Reportrng Standard applicable in the UK and Republic of Ireland IFRS 10218nd the Companies Act 2006. The company does not prepar¢ 8 cash flow statement under the frxempbon for small enb"tes. The ¢harity is g public benefit entity as defined by FRS102. Goin Concer The fin8n¢i85 statements have been prepared on a ooing concem ba$ and the diredors are of the opinion that there are no moterial uncertainties about the charity's ability to contnue as such. Reco -on of i Income is reGognis8d on an accru81s bags once the Company has entilernent lo the lund$ and it is probable Ihst the income will be received and the aMOut measured reliably Incorne tax recoverable in relation to donab'ons received under GitAid is recognised at the "mt ofthe donabon. Ba$ of alloca iture Expenditure is accounted for on an ac¢ru81s basis and has been classified under heaJing5 that aggregate all cost related to the ¢at8gory. Vvhere costs cannot be direCY thbut?d to particu18r headings they have been 8llocatgd tc activibes on 8 basis con&stent the use of resour¢e$. Allocath"on of 5 vemance cos Expenditure on Charitsble acbvib.es includes botr direct expendthre for each category of activity as well as an apports"onment ol support costs. Governance costs con515t of all legal and other costs connected to the charity meeb.ng its ststutory govemance obligations. and includesthe annuAI exsminets lee and the costs associated with Trustees, meetings. Unrestricted income funds ¢ompris8 those funds which the trustees are free to use for any purpose in furtherance of the charitable obje¢ts. Unrestricted funds include designated funds where the trustees, attheir discret'on. have created a fund for a spe¢ifi¢ purpos?. Restricted income funds are those where Ihe donor ha5 given a specifi¢ instruction onhow the funds are to be used. The main restricted fvnds are detailed in note 9 to the accounts. btors Debtors are valued atthe setllernent amount after any provssion for non-re¢ov8ry C85h at bank an Cash at bank and in hand includes cash and short-term highly liquid investrnents with a short mattjrty ol three months or less from the date ol a¢quisition or opening of the depDSit or similar account. 12-
MIUTARY MINISTRIES INTERNATIONAL IA company Ilmlted by guarantee) NOTES TOTHEACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2024 Note I.. AccounYn9 Pollcles {c¢)nllnuedl Liabilities are recowised there 15 an obligth.on atthe Balwce sheet dats as aresult of a past event, rt Is probabSe that a transler ol economic benefftwll be required In sethement and the èmount ofthe sellernent can be ests"mated r¥iably. 8bilrfies are recognised at the arnountthat the Company anticipates it wll pay to s¢lle the debt orthe amount rt has reced as advCed payments forthe goods or Ser¥eSit ffl4t Provide. Financial instrumen The Company onty has finan assets finan¢tal liabilthes of 8 kj'nd th8t qualify a basic finanrial instruments. Basic finwaa in8truments are in4blY fecognised at transaction value subsequenty Trvèasure¢J attheir setljement vue. The Company operes a defined contribsJb"on Pens scheme and the pension ch¥ge represents the amounts paYae by the Cornpanyto Ihe fvnd in respect ofthe year.
MIUTARY MINISTRIES INTERNATIONAL IA company limiied by guarantee) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2024 Note 2: Analysls of Incom Unrtstrlcted De51gnated Résirlcted X123 onatl Donabons Legacies Grants from organss*b"ons Totsl 16.168 198.059 Total 147.407 1.000 68,366 9,912 226.685 181.890 65.785 11.521 259.197 27,733 91516 1,200 12721 45.101 304,298 Event Income 1040 1040 4.201 Note 3: Analysls of Expendlbjre 24 2023 Total Unm5tr1cted Deslgnated Restrktsd Charftable Acllvlttes Stsff costs lntemth.onal regions activthes UK and nLw-regional acti¥e5 Prinbng & Publicity Office costs Govemance costs 81,868 17.7r2 19,237 6,396 iQ.020 1.282 81868 37,569 55291 7.341 31,720 6J96 10.D20 1.282 44910 186576 96,060 59,747 17,284 7,643 8,433 1,746 190913 5.142 Total CCA Note 4.. Go¥emance costs a124 2023 TNstees meet'n9S Independent Exarnine¢s fees Other ccmpliance expenses 18 1.700 28 1.rK17 275 1.282 1746 Note 5.. Debtors 2024 2023 Prepayments and accrued Other debtors 4.742 3.386 5.000 8.386 Note 6: Credttors.. amounts 1{9 due wlthln one year 2023 Scaal seryJrty gnd other tsxes Accruals Other credstors 767 2,417 580 2.579 2.698 5857 3.184 14-
MILITARY MINISTRIES INTERNATIONAL IA company Ilmlted by guarantee) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2024 Not• 7.. Stsff costs 2024 2023 Sa18ries Social Security costs Pen510n ctssts Totsl Emoluments 82,983 97,839 401 83.384 592 98,431 No employee re¢eived remunerab'on over £60,000 p.a. Key management personnel comprised only the Chief Executive, who received a salary of £15.15912023". £22,050) 2024 2023 Average number of employees during the year." IA¢tual number l Full th.me equivalent) Management and ai5ministraton Regional Coordinators Fte 2.15 1.35 3.50 Fte 2.15 1 35 350 Pension commitments The company operatss a def ned ¢onIn.buti PenOn scheme. The assets of the s¢herne are held separately from those of the cornpsny in an independenfjy administered fiJnd, The pension ost charge represents ¢ontribut"ons payable by the company to the fvnd. Note 8= Analysls of Charltsbl• Actlvltles Expendlture 2024 2023 Internationa Uk I nen Printing Staff I regional regional and Office ccsts activitses activibes publicity costs Govem ance costs Total Total Atrica 12,188 15,497 27,685 27,520 South Asia 4,530 3,040 7,570 6,474 Europe 16,976 26.220 43.196 48,954 Middle East 10,535 10,535 12,759 UK and non regional 8,593 31,719 40,312 28,932 Support costs 39,S81 6.396 10,020 1,282 57,279 66,273 Total charbtable a¢VIlle$ 81.868 55,291 31.719 6,396 10,020 1,282 186,576 190,913 Fundraisng 1,516 7,176 711 9,403 3,220 Total year to 31 Dec 2024 83.384 55.291 7.106 10.020 1.282 195.979 Total year to 31 Dec 2023 98 431 59.747 17,284 8492 8.433 1746 194.133 15-
MILITARY MINISTRIES INTERNATIONAL
(A company limited by guarantee)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2024
Note 9: Restricted Funds
| Africa regional programme Africa - Kenya Africa - francophone Africa - Lusophone Africa - South (TMTI) Africa - West Asia regional programme Asia - India Service Booklet Europe regional programme Europe - Balkans programme Europe - ACCTS Europe - Alpha Europe - EMCM Europe - Balkans conference (SAR) Europe - Ukraine MCF Europe - Ukraine chaplain Middle East regional programme Middle East - coordinator Non-regional - office IT equipment Non-regional - World conference Non-regional - AMCF Non-regional - Africa staff Note 10: Designated Funds Staff benevolent fund Discretionary fund 50th Anniversary development fund |
1st January 2024 Income Expenditure Transfers 31st December 2024 £ £ £ £ £ 267 1,476 224 (1,484) 35 300 300 2,307 2,307 2,500 2,500 0 554 554 1 500 501 99 457 550 658 664 2,833 2,833 252 89 163 516 239 277 328 328 3,123 2,923 200 1,648 13,947 15,262 333 4,300 4,300 0 150 280 430 150 1,067 947 270 5,792 10,236 10,535 5,493 1,099 1,099 219 219 0 6,953 7,121 1,484 1,316 955 955 494 494 16,663 46,139 44,909 658 18,552 1st January 2024 Income Expenditure Transfers 31st December 2024 £ £ £ £ £ 5,000 5,000 8,882 5,142 6,260 10,000 103,472 103,472 13,882 - 5,142 109,732 118,472 |
|---|---|
The Staff Benevolent Fund is used for loans or grants to staff who may be experiencing hardship.
The Trustees have set aside a Discretionary Fund which receives up to 5% of all unrestricted income that is not earmarked for a special purpose and is used as a contingency fund for ad hoc grants which fall outside of the charity's normal planned activities. The balance on the fund is limited to £10,000
The 50th Anniversary development fund comprises the net proceeds of the 2024 appeal. The Trustees intend to release this fund over the subsequent three years to support the organisation's normal activities while efforts are made to strengthen the funding base for the future.
- 16 -
MILITARY MINISTRIES INTERNATIONAL (A company limited by guarantee)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2024
Note 9a: Restricted Funds - Previous year
| Africa regional programme Africa - Kenya Africa - francophone Africa - Lusophone Africa - South (TMTI) Africa - West Asia regional programme Asia - India Service Booklet Europe regional programme Europe - Balkans programme Europe - ACCTS Europe - Adria European - EMCM Europe - Balkans conference (SAR) Europe - Ukraine MCF Europe - Ukraine chaplain Middle East regional programme Middle East - Lebanon Middle East - coordinator UK non-regional - office IT equipment UK non-regional - MEO conference UK non-regional - AMCF |
31st 1st January Expenditur December 2023 Income e Transfers 2023 £ £ £ £ £ 1,591 1,486 2,810 267 300 300 3,625 1,318 2,307 1,500 1,500 0 5,543 5,543 0 1,148 1,148 0 198 210 310 99 2,977 144 2,833 1,121 1,121 0 726 210 516 7,255 6,927 328 1,000 1,000 0 -66 14,844 13,130 1,648 5,792 5,792 0 1,605 1,455 150 150 150 5,256 1,404 868 5,792 3,959 3,958 1 1,099 1,099 1,167 947 219 450 7,141 7,591 0 955 955 16,800 55 634 55,771 16,663 |
|---|---|
Note 10a: Designated Funds - Previous year
| 31st | |||||
|---|---|---|---|---|---|
| 1st January | Expenditur | December | |||
| 2023 | Income | e | Transfers | 2023 |
|
| £ | £ | £ | £ | £ | |
| Staff benevolent fund | 5,000 | 5,000 | |||
| Discretionary fund | 5,200 | 2,734 | 6,416 | 8,882 | |
| 10,200 | 2,734 | 6,416 | 13,882 |
- 17 -
MIUTARY MINISTRIES INTERNATIONAL {A campany Ilmlt•d by guarin¢•¢l NOTES TOTHE ACCOUNT8 FOR THE YEAR ENDED 31$tDECEMBER 2024 Not• 11.. Analy•ls of n•t 1ts bet4¥e8n fvnd3 2024 Unrestricte Designated Rèstn"et•d d Funds Funds Funth Totsl Funds Del)tor$ and pr¢paym•nts Cash at bank and In hand reditors." omounts follsn9 vthhin 1 y•ar 4,742 92.053 4,742 18.552 229.077 118.472 13,1841 13,184 To 93.612 118.472 18 552 230 635 Note 12: Rdt•d party tranmctlons None of the fnjstees hgv¢ been paid remuner8b.on or received any olher b•nefit• dunng lh• year. On• tsw$t¢ WBS r8irrtJursed £18 for meetings expenses in 2023. There wer• no olher tr8nwty¢)ns wrth rdated partt'8$. In certain vthare the intem8t.onal b8nkn.ng systern is Impractical for sending money to thown associates, athrnativ• money trAnsfér agents such as Mtrn&ygram and Western Union havi been Y. These facilitses are not ovgi1gbl• ta corporate users so transfers are arrangod by members ¢f staff. In limited cases ¢a$h hos b••n couriered by rnember8 of staff on int•mation•l Vits. 2024 2023 Totsl funds tran$f•rT¢d via Monty rvIC• Businesxs Total lunds transferred In eash 1.864 11.886 2.804 Note 13: Membern, Il•blllty Each rnemb•r Of th• thantable company undertakes to Contribute trj Ihe assets ofthe comp•y In lh• event of it being wound up while h¢lsh• ts a member, or wib)in e year after h•lsh• eeasesw be member. such amount as may rewired, not exceeding £10 for the debts lith"le9 b•lore helsh• ceases tt> • ffl•mr. Note 14: N•t ass•ts tinsf•rr•d from Prede1 charltable trusi IAilrt2ry Min$5kn•S Int•m8tiono1 was Inc¢)oIate4 as a tharitsble company limrted by guaT•nti?. ond reg5tered wth the Ch•nty Cornmission for Engld Waes. cn 17th November 2021 forth• PU0 of adwng th• charit•bl• trust Ihtt Assoaats"on for Chnstran Conferences, Teachino and Services.. %thich h•d us¢d lh• worknng name 'Military PJinistrie5 Internationd, for many yeors, in ordèr carry on the ol MMI under 4 corporate 5trucbJre. The new Company commenced oper8lon6 on 1st January 2023 8t which point it 8dopted the staff of the former Charity and eommenced a gradual transfer of 1 the chanty$ asset5 and liabilibes. The transfer of remaining funds was complelgd by 30th Apnl 2023 and the tyu$lw applied to the Charity Commission for a dissolub'on ol the old eharrtable trust. The fvnds were tran$lrred in cash rgpres•nting'. 2024 2023 Restrtoted funds os $p•¢iliéd In the PredOrCharIty Desi9nated fiJnd$ Unrestricted fun 16.ech) 10,2L 57,523 84 523 18-