REGISTERED CHARITY NUMBER: 271373 Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2020 for ## Middle East Media A J Bennewith FCA, FCPA, FFA, FFTA, FIPA, DChA, FRSA 3 Wey Court Mary Road Guildford Surrey GU1 4QU Middle East Media ## Contents of the Financial Statements for the Year Ended 31 December 2020 |||Page| |---|---|---| |Report of the Trustees|1|to 3| |Independent Examiner's Report||4| |Statement of Financial Activities||5| |Balance Sheet||6| |Cash Flow Statement||7| |Notes to the Cash Flow Statement||8| |Notes to the Financial Statements|9|to 15| Middle East Media ## Report of the Trustees ## for the Year Ended 31 December 2020 The trustees present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## OBJECTIVES AND ACTIVITIES ## Object The object of Middle East Media is: " The advancement of education through media, inspired by the principles of the Christian faith, promoting human rights in all or any part of the world, in particular the Middle East and North Africa (MENA)." Effect of Covid - 19 on Activities Thankfully, the Coronavirus crisis has had little negative impact on our work in the UK. We give grateful thanks for the continued support and donations from all. The staff continue to work from home as they have done for many years and all our meetings are taking place virtually. Since our staff team is small, switching all our activities and events from face-to-face to online has made our life in some ways much easier and less complicated, and brought some additional benefits. For instance, we celebrated our 45th anniversary online which enabled us to welcome those who otherwise would not have been able to join us. Secondly, we hired two new part-time staff members who are helping us improve and increase our digital communications. Thirdly, we have also started new prayer meetings online, which are helping us to reconnect with our supporters in a more convenient way than before the pandemic. Lastly, we have also prayerfully developed a new 5-year fundraising strategy for 2020-2024, which includes growing church partnerships, increasing unrestricted income, developing an advocacy scheme, improving our public image and internal systems. Although 2020 has been a hard year for us all, it has highlighted just how important media is to our lives and this is no less true for the work we support in the Middle East and North Africa (MENA). Our beneficiary partners in the MENA have been more affected due to the pandemic, partly because they have much larger teams and also many of the media projects require special equipment and for the teams to be in one studio when creating videos. Unfortunately, they have delayed some recordings, training and workshops, and travel within the region. However, the production team were still able to continue working on many projects from home and altogether for a total of 4 months in between lockdowns. As a result, there is a delay in completing some of the projects. ## Activities Our partners in the MENA region have continued to develop the creative media programmes that have helped refugees, divorced and vulnerable women, traumatised children and young people across the region. The teams in the MENA were working on over 20 different projects and at least 180 videos of different types were produced in 2020. They also engaged with people more extensively on social media and through online magazines they produced. In 2020, nearly 2,000 refugee children benefitted from their programmes and they trained over 40 people in media, leadership and using the trauma material. There are two major shifts in the future vision starting in 2021. We are supporting our ministry partners in the MENA to move from being primarily content producers to creating life transforming media teams; from being primarily trainers to becoming mentors in media. The practical implications of these changes will mean some of the programmes we currently support will be phased out, others might be altered and new projects will emerge, but most of the projects we currently support will continue. Page 1 Middle East Media ## Report of the Trustees ## for the Year Ended 31 December 2020 ## ACHIEVEMENT AND PERFORMANCE Middle East Media has continued its work of informing and envisioning the individuals and grant-making bodies in the UK about the needs of the population in the MENA. In deciding what to do in the year the Trustees have had due regard to the Charity Commission's public benefit guidance. Middle East Media, registered in England, cooperates with a charity using the same name, registered in the USA, and both work with the Middle East Media International Board which provides oversight of and reports on the projects throughout the MENA. Middle East Media has representation on the Middle East Media International Board. Donations to Middle East Media are received from individuals, grant making bodies, those supporting our core costs and churches.The Trustees wish to express their gratitude to all of the donors for their generosity and to place on record their thanks for the donation of £20,760 from the Evangelical-Lutheran Church in Wurttemberg for projects in the MENA. The financial statements give a fair representation of the assets of the charity. ## FINANCIAL REVIEW ## Financial position The result of the year was net expenditure of £ 117,259 (2019 net income of £539,857) after sending surplus funds of £43,000 to our beneficiaries in the MENA (2019: £43,000) in addition to £267,577 (2019: £219,085) specific restricted donations. Middle East Media plans to continue current fundraising activities and, if funds allow, they will undertake fundraising in new areas. We have not seen any substantial decrease in our income, but we have considered potential risks and have established a risk management plan. We are increasing our general reserves from 3 months to 6 months of operational costs. We have not cut back on any project support nor furloughed any staff. No government aid or incentives have been required. We are working to increase our unrestricted funding. The example was our investment in a large campaign with Premier Christianity that attracted new supporters. The large legacy that we received from a European supporter in 2019 has enabled us to dedicate more funds for development, marketing, and capacity building. The legacy is giving us a great opportunity to develop new supporters and help streamline all our processes. Despite the challenges around us, we and our staff feel more excited than ever about the new opportunities ahead. Coronavirus has proved that media and technology are vital for every sector in the world today, and no less so than in mission. ## Reserves policy As noted above, the Trustees' aim is to maintain a reserve the equivalent of operational costs for a six month period. Reserves were above this level for both 2019 and 2020 and they plan to maintain this level in the future. ## Staff and Volunteers We need to give special thanks to our dedicated staff who have given above and beyond any expectations, to complete what has proven to be a successful and fruitful year. We also thank our supporters who have given their time and energy to promote our work and also raise funds for the projects. Page 2 Ml t M￿la Rt tht Tru forthe Year Ended 3 StRucfvRE, GOVERNANCE AND MANAGEMEP Governing document The chanty is controlled by its governing dLKumeDt, the constitution, and constitutes an unincorwrated charity- Mernbers of the charity are admitted by Board from am0￿ persons whose inspiraTh"on to meMbe￿hIp is authenticated by the Board's Sat￿faCtiOn and who havE also indir2ted in writing their acceptance of the prinaples sét out in the Charity's Statement of Values. Membership of the charity shall terminate rf the member resigns by written notice to the Board or if the member shall be removed tythe Board after due PToce55. The affair5 of the charity are managed by 3 Board of not less than four or more than ten persons bEing Trustees ol the £harity. The 803rd invite5 eligible indiwduals to become Trustees of the charity. The Board rnay remove any member from B￿rd but any res01￿1¢n to ￿move such a member shall require io be Zpproved by not less than 75% of the Board rnembers. The Board provides strategic oversight ol Mhldle East Media which delegates as appropriatè to the UK Administration. REFERENCE AND ADMINISTRATfvE DEfAIts Registered Chaiitynumber 271373 Principal address Unit 142 23 King street Cambr1d8e Cambridgeshire CBI IA Tru5tee5 Ms F Holmef J Morris Taylor Mrs H-R Perkln Mlss R Summerfield D Hodgso W Larson (resigned 31.7.201 Independent Éxaminer AJ Bennewith FCA, FCPK FFA. FFfA, FIPA, DChA, FR Institute ol Chartered Accountants of Engkqnd and Wales A J BÈnnewiih FC& FCPA, FF& FFTA, FIPA, DChA, FRSA 3 Wey Court Mary Boad Guildford Surrev GU14QU 27" Approved by OTderof the board ottrustee3 ori..... .......-.. . and signed Dn its behalf by.. l Morn5- Trustee Page 3 to the Trustees of Independent eKarniner's rewt to t￿truStee$ of Middle East Media I report to the charily trustees on my examinatlon of the accounts of Middle East Media Ithe Trust) for the year ended 31 December 2020. Re5pon5ibilitiesanrt bast5 Df re￿rt A5 the charity trustees of the Trust you are ￿spOnSIble for the preparation of thè accounts in arcordance with the requirements of the Charities Att 2011 Ilhe Act'l. I report in respect of my examinatsor of the Trust's accounts camed out under section 145 of the Art and in carrying out my examination I have folkjwed all applicable Directions given by the Charity Commission under sethon 14515llbl gf the Act. Independent examiner'5StatemeTht Since your chariiy's grosg income exceedÈd £250,1)tKJ your examiner must bé a member of a listed body. I can confirrn that l am qualified to undertake the e%aminalion bEcause l am a T￿Istered member of Institute of Chartered Accountants of England and Wblts which Is one of the listed ￿dieS. I havÈ completed my examination. I confirm that no material matters ha¥è corne to my attenbon in connection with the ex3wnination giving me cause to believe that in any m*erial respett- accounting record5 were not kept in respect oftheTrust as reqUI￿d by section 130 91 the Act.. or the atcounts do nDt¥iord wtth those record5'. Dr the accounts do not compty with the appIl￿ble requirement5 conceming the and content uf accounts set out in the Charities {AcC￿ntS and Reports? Regulat10115 2tNJ8 otner than any requirement that the accounts Ei¥e a true and fair ¥iew which is noi a matterconsidered a5 Part of an independent examination. I h3ve no concern5 and have corne a£ros5 no other m3ttef5 11 conTrertK)n with the examination to which attention should be drawn In this report in order ro enable a proper under5taDding of the accounts to be reathed. AJ Bennewith FCA, FCPA. FFA, FFf4 FIPA DChA, FRSA Institute ol Chartered Accountants ol En￿and £ndWales AJ Bennewith FCA, FCPA FFA FFfA, FIPA, Dchl FRSA 3 Wey Courr Mary Road Guildford Surrev GU14QU Date.. oij Page4 Middle East Media ## Statement of Financial Activities ## for the Year Ended 31 December 2020 |Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
181,754
Investment income
3
102
Other income
120
Total
181,976
EXPENDITURE ON
Raising funds
72,598
Charitable activities
Grants & Costs re MENA projects
43,385
Project Co-ordination and Support Costs
51,407
Total
167,390
NET INCOME/(EXPENDITURE)
14,586
Transfers between funds
12
18,291
Net movement in funds
32,877
RECONCILIATION OF FUNDS
Total funds brought forward
58,368
TOTAL FUNDS CARRIED FORWARD
91,245|Restricted
funds
£
142,476
-
-
142,476
6,744
267,577
-
274,321
(131,845)
(18,291)
(150,136)
568,972
418,836|31.12.20
31.12.19
Total
Total
funds
funds
£
£
324,230
935,033
102
66
120
-
324,452
935,099
79,342
70,767
310,962
263,038
51,407
61,437
441,711
395,242
(117,259)
539,857
-
-
(117,259)
539,857
627,340
87,483
510,081
627,340|31.12.20
31.12.19
Total
Total
funds
funds
£
£
324,230
935,033
102
66
120
-
324,452
935,099
79,342
70,767
310,962
263,038
51,407
61,437
441,711
395,242
(117,259)
539,857
-
-
(117,259)
539,857
627,340
87,483
510,081
627,340| |---|---|---|---| ||||935,099
70,767
263,038
61,437| ||||395,242| ||||539,857
-| ||||539,857
87,483| ||||627,340| The notes form part of these financial statements Page 5 Middle East Media ## Balance Sheet ## 31 December 2020 |Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
9
-
CURRENT ASSETS
Debtors
10
569
Cash at bank and in hand
95,054
95,623
CREDITORS
Amounts falling due within one year
11
(4,377)
NET CURRENT ASSETS
91,246
TOTAL ASSETS LESS CURRENT LIABILITIES
91,246
NET ASSETS
91,246
FUNDS
12
Unrestricted funds
Restricted funds
TOTAL FUNDS|Restricted
funds
£
-
15,000
403,835
418,835
-
418,835
418,835
418,835|31.12.20
Total
funds
£
-
15,569
498,889
514,458
(4,377)
510,081
510,081
510,081
91,246
418,835
510,081|31.12.19
Total
funds
£
287
990
630,110
631,100
(4,047)
627,053
627,340
627,340
58,368
568,972
627,340| |---|---|---|---| The financial statements were approved by the Board of Trustees and authorised for issue on 27 April 2021 and were signed on its behalf by: J Morris - Trustee The notes form part of these financial statements Page 6 Middle East Media ## Cash Flow Statement ## for the Year Ended 31 December 2020 |Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash (used in)/provided by operating activities
Cash flows from investing activities
Sale of tangible fixed assets
Interest received
Net cash provided by investing activities
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning
of the reporting period
Cash and cash equivalents at the end of
the reporting period|31.12.20
£
(131,443)
(131,443)
120
102
222
(131,221)
630,110
498,889|31.12.19
£
553,728| |---|---|---| |||553,728| |||-
66| |||66| |||| |||553,794
76,316| |||630,110| The notes form part of these financial statements Page 7 Middle East Media ## Notes to the Cash Flow Statement ## for the Year Ended 31 December 2020 |1.|RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH|FLOW FROM|OPERATING ACTIVITIES|OPERATING ACTIVITIES| |---|---|---|---|---| ||||31.12.20|31.12.19| ||||£|£| ||Net (expenditure)/income for the reporting period (as per the|||| ||Statement of Financial Activities)||(117,259)|539,857| ||Adjustments for:|||| ||Depreciation charges||287|383| ||Profit on disposal of fixed assets||(120)|-| ||Interest received||(102)|(66)| ||(Increase)/decrease in debtors||(14,579)|13,131| ||Increase in creditors||330|423| ||Net cash (used in)/provided by operations||(131,443)|553,728| |2.|ANALYSIS OF CHANGES IN NET FUNDS|||| |||At 1.1.20|Cash flow|At 31.12.20| |||£|£|£| ||Net cash|||| ||Cash at bank and in hand|630,110|(131,221)|498,889| |||630,110|(131,221)|498,889| ||Total|630,110|(131,221)|498,889| The notes form part of these financial statements Page 8 Middle East Media ## Notes to the Financial Statements ## for the Year Ended 31 December 2020 ## 1. ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computer equipment - Straight line over 3 years Taxation The charity is exempt from tax on its charitable activities. ## Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. All grant applications include an administration levy for the UK office support costs and are represented in the accounts as a transfer between funds. ## Foreign currencies Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. ## Pension costs and other post-retirement benefits The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 9 continued... Middle East Media ## Notes to the Financial Statements - continued ## for the Year Ended 31 December 2020 ## 2. DONATIONS AND LEGACIES Donations to General Funds comprise a number of regular and irregular donations from many supporters, as well as some donations from Trusts and other entities. Donations to Restricted Funds are largely grants received from Trusts and Foundations. The Trustees are grateful to all their UK donors for their continued support throughout the year. Included in donations and legacies is one legacy of £15,000 (2019: one legacy of £645,786). ## 3. INVESTMENT INCOME |3.|INVESTMENT INCOME|||| |---|---|---|---|---| ||||31.12.20|31.12.19| ||||£|£| ||Deposit account interest||102|66| |4.|SUPPORT COSTS|||| ||||Governance|| |||Management|costs|Totals| |||£|£|£| ||Project Co-ordination and Support Costs|47,543|3,864|51,407| |5.|TRUSTEES' REMUNERATION AND BENEFITS|||| ||There were no trustees' remuneration or other benefits for the year ended 31 December 2020|||nor for the| ||year ended 31 December 2019.|||| ## Trustees' expenses Trustee expenses of £35 were approved in respect of training for one trustee. (2019:Expenses totalling £660 were approved and budgeted for one board member to represent MEM (UK) at the International Board Meeting for member organisations). ## 6. STAFF COSTS |STAFF COSTS||| |---|---|---| |Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Fundraising & publicity
Project co-ordination and support|31.12.20
£
101,328
4,513
3,025
108,866
31.12.20
2
2
4|31.12.19
£
88,524
4,501
2,558| |||95,583| |||31.12.19
2
2
4| No employees received emoluments in excess of £60,000. The average number of full-time equivalent employees was 4.1 (2019: 3.1). Page 10 continued... Middle East Media ## Notes to the Financial Statements - continued ## for the Year Ended 31 December 2020 |7.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
Total
fund
funds
funds
£
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
132,647
802,386
935,033
Investment income
66
-
66
Total
132,713
802,386
935,099
EXPENDITURE ON
Raising funds
70,767
-
70,767
Charitable activities
Grants & Costs re MENA projects
43,953
219,085
263,038
Project Co-ordination and Support Costs
61,437
-
61,437
Total
176,157
219,085
395,242
NET INCOME/(EXPENDITURE)
(43,444)
583,301
539,857
Transfers between funds
20,558
(20,558)
-
Net movement in funds
(22,886)
562,743
539,857
RECONCILIATION OF FUNDS
Total funds brought forward
81,254
6,229
87,483
TOTAL FUNDS CARRIED FORWARD
58,368
568,972
627,340
8.
NET MOVEMENT IN FUNDS
The net movement in funds is stated after charging the following:
31.12.20
31.12.19
£
£
Independent Examiner's Remuneration
3,720
3,600|7.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
Total
fund
funds
funds
£
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
132,647
802,386
935,033
Investment income
66
-
66
Total
132,713
802,386
935,099
EXPENDITURE ON
Raising funds
70,767
-
70,767
Charitable activities
Grants & Costs re MENA projects
43,953
219,085
263,038
Project Co-ordination and Support Costs
61,437
-
61,437
Total
176,157
219,085
395,242
NET INCOME/(EXPENDITURE)
(43,444)
583,301
539,857
Transfers between funds
20,558
(20,558)
-
Net movement in funds
(22,886)
562,743
539,857
RECONCILIATION OF FUNDS
Total funds brought forward
81,254
6,229
87,483
TOTAL FUNDS CARRIED FORWARD
58,368
568,972
627,340
8.
NET MOVEMENT IN FUNDS
The net movement in funds is stated after charging the following:
31.12.20
31.12.19
£
£
Independent Examiner's Remuneration
3,720
3,600|7.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
Total
fund
funds
funds
£
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
132,647
802,386
935,033
Investment income
66
-
66
Total
132,713
802,386
935,099
EXPENDITURE ON
Raising funds
70,767
-
70,767
Charitable activities
Grants & Costs re MENA projects
43,953
219,085
263,038
Project Co-ordination and Support Costs
61,437
-
61,437
Total
176,157
219,085
395,242
NET INCOME/(EXPENDITURE)
(43,444)
583,301
539,857
Transfers between funds
20,558
(20,558)
-
Net movement in funds
(22,886)
562,743
539,857
RECONCILIATION OF FUNDS
Total funds brought forward
81,254
6,229
87,483
TOTAL FUNDS CARRIED FORWARD
58,368
568,972
627,340
8.
NET MOVEMENT IN FUNDS
The net movement in funds is stated after charging the following:
31.12.20
31.12.19
£
£
Independent Examiner's Remuneration
3,720
3,600|Restricted
funds
£
802,386
-
802,386
-
219,085
-
219,085
583,301
(20,558)
562,743
6,229
568,972|Restricted
funds
£
802,386
-
802,386
-
219,085
-
219,085
583,301
(20,558)
562,743
6,229
568,972|Total
funds
£
935,033
66| |---|---|---|---|---|---| ||||||935,099
70,767
263,038
61,437| ||||||395,242| ||||||539,857
-| ||||||539,857
87,483| ||||||627,340| ||||||| |||31.12.20||31.12.19|| |||£||£|| |||3,720||3,600|| ||||||| Page 11 continued... Middle East Media ## Notes to the Financial Statements - continued ## for the Year Ended 31 December 2020 |9.
TANGIBLE FIXED ASSETS
COST
At 1 January 2020
Disposals
At 31 December 2020
DEPRECIATION
At 1 January 2020
Charge for year
Eliminated on disposal
At 31 December 2020
NET BOOK VALUE
At 31 December 2020
At 31 December 2019
10.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
Prepayments
Accrued income
11.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other creditors
12.
MOVEMENT IN FUNDS
At 1.1.20
£
Unrestricted funds
General fund
58,368
Restricted funds
Restricted Fund for MENA Projects
(133)
Large Legacy Fund
569,105
568,972
TOTAL FUNDS
627,340|Net
movement
in funds
£
14,587
23,002
(154,848)
(131,846)
(117,259)|31.12.20
£
34
535
15,000
15,569
31.12.20
£
4,377
Transfers
between
funds
£
18,291
(18,291)
-
(18,291)
-|Computer
equipment
£
1,882
(733)
1,149
1,595
287
(733)
1,149
-
287
31.12.19
£
260
730
-
990
31.12.19
£
4,047
At
31.12.20
£
91,246
4,578
414,257
418,835
510,081| |---|---|---|---| Page 12 continued... Middle East Media ## Notes to the Financial Statements - continued ## for the Year Ended 31 December 2020 ## 12. MOVEMENT IN FUNDS - continued ## Net movement in funds, included in the above are as follows: |Incoming
resources
£
Unrestricted funds
General fund
181,976
Restricted funds
Restricted Fund for MENA Projects
142,476
Large Legacy Fund
-
142,476
TOTAL FUNDS
324,452
Comparatives for movement in funds
Net
movement
At 1.1.19
in funds
£
£
Unrestricted funds
General fund
81,254
(43,444)
Restricted funds
Restricted Fund for MENA Projects
6,229
14,196
Large Legacy Fund
-
569,105
6,229
583,301
TOTAL FUNDS
87,483
539,857
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
132,713
Restricted funds
Restricted Fund for MENA Projects
156,600
Large Legacy Fund
645,786
802,386
TOTAL FUNDS
935,099|Resources
Movement
expended
in funds
£
£
(167,389)
14,587
(119,474)
23,002
(154,848)
(154,848)
(274,322)
(131,846)
(441,711)
(117,259)
Transfers
between
At
funds
31.12.19
£
£
20,558
58,368
(20,558)
(133)
-
569,105
(20,558)
568,972
-
627,340
Resources
Movement
expended
in funds
£
£
(176,157)
(43,444)
(142,404)
14,196
(76,681)
569,105
(219,085)
583,301
(395,242)
539,857| |---|---| Page 13 continued... Middle East Media ## Notes to the Financial Statements - continued ## for the Year Ended 31 December 2020 ## 12. MOVEMENT IN FUNDS - continued ## A current year 12 months and prior year 12 months combined position is as follows: |Unrestricted funds
General fund
Restricted funds
Restricted Fund for MENA Projects
Large Legacy Fund
TOTAL FUNDS|At 1.1.19
£
81,254
6,229
-
6,229
87,483|Net
movement
in funds
£
(28,857)
37,198
414,257
451,455
422,598|Transfers
between
funds
£
38,849
(38,849)
-
(38,849)
-|At
31.12.20
£
91,246
4,578
414,257| |---|---|---|---|---| |||||418,835| |||||510,081| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |Incoming
resources
£
Unrestricted funds
General fund
314,689
Restricted funds
Restricted Fund for MENA Projects
299,076
Large Legacy Fund
645,786
944,862
TOTAL FUNDS
1,259,551|Resources
Movement
expended
in funds
£
£
(343,546)
(28,857)
(261,878)
37,198
(231,529)
414,257
(493,407)
451,455
(836,953)
422,598| |---|---| The Restricted Fund for Middle East Projects includes all restricted income and expenditure for projects in the Middle East set up in accordance with the charity's objectives. The Large Legacy Fund relates to a generous legacy gift which will be used mainly for development, marketing and capacity building in the UK and with our partners in MENA. Page 14 continued... Middle East Media Notes to the Financial Statements - continued for the Year Ended 31 December 2020 13. RELATED PARTY DISCLOSURES Page 15