Mi&&ionaries Children's Fund Missionaries, Children's Fund Report and Unaudited Financial Statements Year ended 31 December 2025 Charity Number 220204 Page l of 14
Missionaries, Children's Fund MCF Contents Page Referen and Administrative Details of the Charity, its Trustees and Advisers Trustees, Report Independent Examiner's Rerort ststernent of Financial Acbvitie5 Balance Sheet io Notes to the Financial Ststements li Page 2 of 14
Missionaries, Children's Fund MCF Reference and administrative details of the charity, its trustees and advisers Corporate trustee: EC International Chaiity registered number. 220204 Principal office: 124 Wells Road BA2 3AH Independent Examlnef: Joshua Kingston Bst FC4 Jrton Sweet Limited The acKk Tower 5 Far1eh Court Aax UrtOn Bnst BS48 IUR Bankers: National Westminster Bank pk 24-25 Stall Street BAI IQF Sollcltors: Anthony Collins 134 Edmund Street Birmingham B3 2ES Page 3 of 14
Missionaries, Children's Fund MCF Report of the trustee for the year ended 31 December 2025 The Trustee pre5ent5 its annual report and financial statements of the charity for the year ended 31 December 2025. The financial statements have been prepared in accordance with the accounting policies set out in note I to the accounts and comply with the chariws trust deed, the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Ret)orting Standard applicable in the United Kingdom and Republic of Ireland IFRS1021. Objerts, mission and aims The object is to care for the children of mission partners associated with Echoes International and particularly in assisting them in connection with their education. The mission is.. to assist mission partners with educational costs for their children, particularly when boarding is necessary due to their overseas location but not to relieve parents of their responsibility for the education of their children, an(J only after careful enquiry, each case being decided on its merits. to make the work of the Fund widely known through all United Kingdom assemblies and assembly agencies with whom the Fund will co-operate in cases where specific needs are brought to the attention of the Management Committee. The aim of the Fund is to support the children of mission partners commended from UK assemblies to help with the educational expenses incurred, until further education, while their parents are serving in cross- cultural mission. Grant making policy Each year the Management Committee approves an annual distribution of funds to support the education of the children of families on the Echoes International Daily Prayer Guide. The amounts awarded to each familv are based on an assessment of the known needs of each child. Each award is determined according to two broad categories.. families who need to send their children to schools which charge fees or provide home schooling receive a contribution towards the annual school fee. families who send their children to non fee-paying local schools receive a one-off annual contribution towards books and uniform. The value depends upon whether the child attend5 primary or secondary school. The Management Committee may also approve exrra grants towards the known special educational nee¢Js of the children of mission partners. Nursery and pre-school education are not eligible for financial assistance from the Fund and no ongoing support is given in respect of children entering tertiary education. The grant-making criteria are determined by the Management Committee. and are subject to VIeW at their regular meetings. Achievements and performance: how our activities delivered public benefit The Trustee has considered the Charity Commission's guidance on public benefit. The Fund contributes to the delivery of public benefit by supplying financial resources for the educational and associated needs of children whose parents are eng3Éed in voluntary work overseas, often with very low levels of income. The support given by the Fund allows such plntS to continue working in their chosen country as they provide a range of educational, medical. environmental. social. religious and other developmental assistance. Page 4 of 14
Missionaries, Children's Fund MCF During 2025, the Fund made grants totsllinE £42,631 to 25 families in respect of 51 children in 13 countries. The letters and emai15 received from parents not only express appreciation for the grants from the Fund but often refer to the timeliness of the grant, arriving when needs are greatest. Financial review During the past year. the Fund received income totalling £45.677 and has distributed funds totalling £42.631. Administration costs amounted to £668. being the cost of fees and sundry bank charges. The Charity's full financial position is set out in the attached financial statements. There are no contingent liabilities. The Fund owns no property and, as a matter of investment policy. all its assets are in funds with it5 bankers. Risk management The key risks for the Fund are a lack of incoming resources anij payments to ineligible families or in respect of ineliÉible children. The Fund welcomes the free-will gifts of assemblies. individuals and organisations but it does not. as a matter of policy. undertake fund-raising activities. Financial contributions to cover shortfalls in proposals for disbursements have always been provided by a committed source. and there is no reason to suppose this support will not continue. To mitigate the risk of payments to ineligible families or in respect of ineligible children, the Management Committee reviews the financial needs for the education of each child each yearon an annual basis to ensure that prop05a15 for disbursements are based on up-to-date information. Reserves policy The Fund has no formal reserves policy as we distribute all the funds that are received from donors. and we have no long-term liabilities. Although our distributions help provide funds towards educational costs for families linked to Echoes International, there is no promise made or implied contrart that guarantees support wi11 continue if income is not received. Plans for the future Eath year brings a new set of educational needs to the Management Committee and it intends to continue to identify, assess and sUPPOrt these needs. Structure, governance and management The Missionaries, Children's Fund. earlier registered as a charity in the name of "Missionaries, Children's Home" based at Bury St. Edmund's since 1913. was formed on l August 1966 possessed of the assets of the Missionaries, Children's Home which closed at the end of july in that same year. The Fund was registered as a Charity in England and Wales on l April 1964. There is no overall governing document, the Charity being run upon guideline5 which were established in May 1969 and revised in 2012. The Management Committee members are appointed by the Corporate Trustee on the basis of their experience, skills and knowledge of the particular work of the Fund. Members of the Management Committee continue to serve without any specific term of office. New members of the Management Committee are given Minutes, Annual Reports and Accounts, and are nvited to monitor Management Committee operations as their induction to the role. Management Committee Members meet up to twice a year to discu55 each case based on personal knowledge and correspondence that ha5 been receNed. A (Jecision is made on the known needs of the children at that time and the level of funds available. Page S of 14
Missionaries, Children's Fund MCF Most of the money is distributed to the families through Echoes International. In exceptional circumstances a distribution is sent directly as a need arises. The function of the office is to perform the day-to-day administration of the Fund and to receive, acknowledge and process donations from individuals. churches, trusts and legaties. The charity has no direct relationship with any charity other than Echoes International. Key management personnel remuneration The members of the Management Committee comprise the key management personnel of the charity in charge of directin8, controlling, running and operating the charity, as well as others who provide educational and financial advice. All members of the Management Committee give of their time freely,. no remuneration is paid to them and there are no paid employees. Reference and Administrative information Charity Registration The Missionaries, Children's Fund is registered with the Charity Commission. reference 220204. Trustees Echoe5 International are the Corporate Trustees. of whom the Trustees are.. S R Durrant A H Smith F M McPhail S Printe K Hunter lappointed Nov 20251 D Brown Andrew Gibson lappointed May 20251 N McQuoid Iresigned May 20251 P Coxall Management Commlttee Mr lim Armstrong, Chairman (resigned Dec 20251 Mr Matthew Pitts lappointed Dec 20251 Miss Rachel Daws Miss Hilary Millard Prlncipal Address Missionaries, Children's Fund, Echoes International, 124 Wells Road, 8ath, BA2 3AH Miss Debbie Scott Mr Rupert Abbott Mrs Angle Dodds Mrs Michelle Munro Page 6 of 14
Missionaries, Children's Fund MCF Trustee's responsibilities in relation to the financial statements The charity trustee is responsible for preparing a trustee's 3nnu31 report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Prarticel. The law applicable to charities in England and Wales requires the charity trustee to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources. of the charity for that period. In preparing the financial statements, the trustee is required to.. select suitable accounting policies and then apply them consistently- observe the methods and principles in the applicable Charities SORP IFRS 1021,. make judgments and estimates that are reasonable and prudent- state whether applicable accounting standard5 have been followed, Subject to any material departure5 that must be disclosed and explained in the financial statements., and prepare the financial statements on the going concem basis unless It is inappropriate to presume that the charity will continue in business. The trustee is responsible for keepin8 proper accountin8 records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. the applicable Charities IAccounts and Reportsl Regulations. and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustee is responsible for the maintenance and inteBrity of the charity and financial information intluded on the charity's website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements. Approved by the trustee on 19 May 2026 and signed on its behalf by.. iuQA Prti46e Simon Prince Chair of the Corporate Trustee Page 7 of 14
Missionaries, Children's Fund MCF Independent Examinerfs report for the year ended 31 December 2025 I report to the trustees on my examination of the accounts of Missionaries, Children'5 Fund Ithe Charity) for the year ended 31 December 2025, which are set out on pages 9 to 14. Responslbllltles and basls of report As the charity trustees of the Charity you are reswnsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111.the Arfl. I report in respect of my examination of the Charivs accounts carried out under section 14S of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charitv Commission under section 145lSllbl of the Act. Independent examlnerfs 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 Charity as required by section 130 of the Act., or the accounts do not accord with those records.. or the accounts do not comply with the applicable requirements conceming the form and content of accounts set out in the Charities IAccounts and Reports) Regulations 2008 other than anv requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have tome 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. Ock LL ttoK Joshua Kingston Bsc FCA Burton Sweet Limited The Clock Tower 5 Farleigh Court Old Weston Roa Flax Bourton Bristol BS48 IUR Date: 15 June 2026 Page 8 of 14
REPORT AND UNAUDITED FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 mc Statement of Financial Activities Total Fund5 2025 Total Fund5 2024 Note Income from: Donations and leBacies Investments 45.677 37,619 25 Total income 4S.677 37.644 Expendliure on: Charitable activities 43.299 48,612 Total eKpendlture 43,299 48,612 Net In¢ornellexpendlturel and net movement in funds 2,378 110,9681 Total funds at start of year io 42.710 53,678 Total funds at end of year io 45,088 42,710 The Charity has no retognised gains or losses other than the results of the year as set out above. All of the attivities ol thè Charity are related to unrestrirted funds in both years and are tlassed as continuin8. Page 9 of 14
REPORT AND UNAUDITED FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 mc Balance Sheet 202S 2024 Note Current assets Debtors Cash at bank and in hand 44,799 989 43,974 1,171 45,788 45,145 Uabllltles Creditors.. amounts fallin8 due within one year 17cK)I 12,4351 Net current asset 45,088 42,710 Net asstts 45,088 42,710 FUNDS Unrestrlcted funds General funds Designated funds 45.088 42,710 Total lunds 45,088 42,710 The financial statements were approved bythe Trustees on 19 May 2026 and are signed on their behalf bv.. Prtrtee Sirnon Prince Chair of the Corporate Trustee Page 10 of 14
REPORT AND UNAUDITED FINANCIALSTATEMENTS YEAR ENDED 31 DECEMBER 2025 mc A¢¢ountlng pollcjes A¢¢ountln¥ ¢onventlon The accounts (financial Statements) have been prepared in accordance with the Statement of Recomrnended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued in October 2019 and the Financial ReportinR Standard èpplicable in the United Kin8dom and Republic of Irelané IFR5 1021 and the Charities Act 2011 ènd UK Generally Atcepted Practice as it applies from l January 2019. The accounts Ifinancial statementsl have been prepared to give a 'true and fairf view and have departed from the Charities (Accounts and Reports) Regulations 2(K)8 onty to the exten¢ reouired to provide a 'irue and fair view This departure has involved following Accounting and Reporting by Charities.. Statement tsl Recomrnended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued in Ottober 2019 rather than the Accounting and Reporting by Chariries-. Siatemeni of Recommended Practice effective from l April 2(X)5 which has since been withdrawn. The charity is a public benefit entity as defined under FRS102. The Trustees consider that there are no material uncertainties affectin8 the atsility of the charity to continue as a 80in8 concern. Income Income from donations is included In Income when these are feceivable, except as follows.. When donors spe£ify that donaiions given to the Charity must be used in future aecounting periods, the income is deferred until those periods.. When donors impose conditigns which have to be fulfilled befo the Charity becomes entitled to use such income, the income is deferred until the pre-conditions have been met. Legacies are included on a Teceivable basis where charity is entitled to the income, it can be measured reliably and receipt is probable. Where legacies have been notified to the charity. orthecharity is aware of the granting of probate, and the crr(eria lor income reco8nition have not been met, then the legacy is not included in income but is treated as a contingent asset and disclosed il material. Investment income 15 included on a reteivable basis. Empendlture Expenditure is recognised in the period in which ff< 15 incurred. Expenditure includes attributable VAT which cannot be recovered. Chorftoble ortlvltles Grants awarded aTe allocated to charitable attivities. Grants awarded are treated a5 expenditure and a liability in the accounts as soon a5 they becorne legal or constructive obligations. In the case ol multi-year grant awards. the funding for all years is immediatelv recognised unless there a conditions which need to be met by the recipient to enable the release of subsequent year5, luThding. Page 11 of 14
REPORT AND UNAUDITED FINANCIALSTATEMENTS YEAR ENDED 31 DECEMBER 2025 mc Accountin¥ policies Icontinuedl Governonce costs Governance costs include those costs associated with meeting the constitutional and statutory requirernents of the charity and include the audit fees and costs linked to the strategic management of the charitv. Governance cosis are included within supportcosts. Oebtors Trade and other debtors are OgniSed at the settlement amount due after any trade discount offered. Cash at bank and In hand Cash at bank and cash in hand includes tash and short term highly liquid investments with a short maturity of three months or les5 from the date ol acqui51tion or opeThing of the dep051t or similar account. Cred6tors Creditors and provisions are reco8nised where the charrf(v has a Present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be rnea5ured or estimated reliably. Creditors and p)viSIOnS ats normally recognised at their settlement amount after allowing for any trade discounts due. Fund accountlng Unrestricted funds can be used in accordance with the charitable objects at the discretion of the trustees. Restricted funds can only be used for particular restritted purposes within the objects ol the charltv. Restrictions arise when specified by the donor or when funds are raised lof particular restricted purposes. Designated lund5 form part of unrestricted funds and have been identified a5 bein8 for particular purpose5 bv the Trustees. They are ngt restricted and can be transferred to general funds at any tirne at the discretion of the Trustees. Further explanation of the nature and purpose of each fund is intluded in note 10 ol the financial statements. Income from: Donatlons and le8a¢les Total Funds 2025 Total Funds 2024 Donations Gift Aid Refund 45,S26 Isi 37,300 319 45,677 37.619 Page 12 of 14
REPORT AND UNAUDITED FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 mc Expenditure on.. Charitable artivities Total Funds 2025 Total Funds 2024 Choritoble octivities Grants for the education ol missionaries. chIldn 42,631 47,995 Support costs ank charges Governance costs (Note 41 660 612 43,299 48,612 Governance costs Total Funds 2025 Total Funds 2024 Independent examinerfs fees Publication cost 660 612 660 612 Net Incomellexpend5turel for the year No Trustees have been reimbursed for their out of pocket travel expenses12024.. None). No Trustee received any rernuneration during the year. Aggregate donations from Trustees. key mana8ement personnel, andotherrelated parties was £nil12024.. Enlll. Stsff costs and numbers There were no employees in the current or prior year. Key mana8ement personnel of the charlty a the Trustee5. The total employee benefits of the key management personnel ol the charity were £nil12024.. £nill. No trustee received any remuneration during both the current and prior year. Taxatlon The charity is exempt from corporation tax on its charitable zctivities. Debtors 20Z5 2024 Due In less than one year= Trade debtors Tax reclaimable under Gift Aid 44,799 43,274 700 44,799 43,974 Page 13 of 14
REPORT AND UNAUDITED FINANCIALSTATEMENTS YEAR ENDED 31 DECEMBER 2025 mc Credllor5: amount5 f4llin&due wrihin one year 20Z5 2024 Trade creditors Accruals and deferred income 1,025 1.410 700 700 2,435 10. Movement In fvnds For the year ended 31 December 2025 Atljan 2025 At 31 Oet 2025 In¢ome Expendlture Tr•nsfers Unrestricted funds Missionary funds General funds 142,6311 16681 42.631 142.6311 42.710 45.677 45,088 42,710 45.677 143,2991 45,088 Total fvnds 42.710 45.677 143,2991 45.088 Missionary Fund5- Grants for the education of missionaries, thildren For the year ended 31 De¢ember 2024 Atljèn 2024 At 310ec 2024 In¢ome Expendlture Transfers Unrestrlrted funds Missionary funds Gener31 funds 147,9951 16171 47,995 147.9951 53.678 37.644 42.710 53,678 37.644 148.6121 42,710 Totsl fvnds 53.678 37.644 148.6121 42,710 11. Relaied partytransartions There are no transa<tions with the twstees or ¢xher lated parties other than those diKlosed as required bv the SORP elsewhere in the financial statements. Page 14 of 14