REGISTERED CHARITY NUMBER: 271373
Report of the Trustees and Unaudited Financial Statements
for the Year Ended 31 December 2021
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 2021
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 13 |
Middle East Media
Report of the Trustees for the Year Ended 31 December 2021
The trustees present their report with the financial statements of the charity for the year ended 31 December 2021. 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 objective of Middle East Media (UK) 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).'
Activities
The team in the UK has been stable during the year and has achieved an income growth of 17% with funds from some new trusts, legacies, major donors and churches. We have been able to promote the work in the MENA region through videos, online meetings and events. The first MEM Week was initiated in 2021 to become an annual gathering. New opportunities are being developed for 2022, with the hope of being able to organise in-person meetings, events, and also visit our donors in Europe.
Our partners in the MENA have continued to develop the creative media programmes that have blessed a wide range of people - refugees, traumatised children, suffering women and men, young people and new believers. The media programmes ranged from TV series, dramas and documentaries, to online magazines, as well as workshops and support groups for women, families and persecuted believers. The team in North Africa used media to train people from other organisations to combat gender specific issues and equipped those tackling similar issues in the region. The online platforms that our various video materials have been placed on have reached literally thousands of Arabic speaking people.
We continued in our new vision of creating new media teams across the region, instead of training only individuals which we had done for many years. This year in particular was a huge step towards this vision. We started working with 6 different media teams in countries where it is challenging to be a Christian. A few positive outcomes include a simplified Bible audio recording in a popular dialect of colloquial Arabic in which no Bible translation exists, a new social media project for the women in the Gulf, and culturally relevant Christmas material in a North African country.
ACHIEVEMENT AND PERFORMANCE
Middle East Media has continued its work of informing and envisioning individuals and grant-making bodies in the UK and Europe 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. 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.
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Middle East Media
Report of the Trustees for the Year Ended 31 December 2021
FINANCIAL REVIEW
Financial position
The gross income for the year was £380,838 (2020: £324,452) and funds sent to the field were £287,345 (2020: £310,962). The Trustees express their gratitude to all of the donors for their generosity and place on record specifically their thanks to the leadership at Gateway Church in Leyton, London, for forwarding to us a timely legacy of £56,482.96 that funded at least 6 projects; also for the donation of £14,000 from the Evangelical-Lutheran Church in Württemberg, Germany, and £1,000 from the World Day of Prayer for projects in the MENA.
Our general reserves fluctuated between 2 and 3 months of operational costs but we plan to increase it to 4-5 months in 2022. We have not cut back on any projects nor furloughed any staff. On the contrary, we took on a part-time creative assistant to help us produce video and design materials for our supporters in the UK, which has been a very positive step.
Despite the ongoing challenges around us, we and our staff continue to be excited about the new opportunities ahead. As we said last year, Coronavirus has proved that media and technology are vital for every sector in the world, including mission.
The financial statements give a fair representation of the assets of the charity.
Staff and Volunteers
We need to give a special thank you to our dedicated staff and volunteers, who continue to give above and beyond, upon the completion of a successful and fruitful year.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, the constitution, and constitutes an unincorporated charity. Members of the charity are admitted by Board from among persons whose inspiration to membership is authenticated by the Board's satisfaction and who have also indicated in writing their acceptance of the principles set out in the Charity's Statement of Values. Membership of the charity shall terminate if the member resigns by written notice to the Board or if the member shall be removed by the Board after due process.
The affairs of the charity are managed by a Board of not less than four or more than ten persons being Trustees of the charity. The Board invites eligible individuals to become Trustees of the charity. The Board may remove any member from Board but any resolution to remove such a member shall require to be approved by not less than 75% of the Board members.
The Board provides strategic oversight of Middle East Media which delegates as appropriate to the UK Administration.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
271373
Principal address
Unit 142 23 King Street Cambridge Cambridgeshire CB1 1AH
Trustees
Ms F Holmer J Morris B Taylor Mrs H-R Perkin Miss R Summerfield D Hodgson
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Middle East Media
Report of the Trustees for the Year Ended 31 December 2021
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
A J Bennewith FCA, FCPA, FFA, FFTA, FIPA, DChA, FRSA Institute of Chartered Accountants of England and Wales A J Bennewith FCA, FCPA, FFA, FFTA, FIPA, DChA, FRSA 3 Wey Court Mary Road Guildford Surrey GU1 4QU
Approved by order of the board of trustees on 22 March 2022 and signed on its behalf by:
J Morris - Trustee
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Independent Examiner's Report to the Trustees of Middle East Media
Independent examiner's report to the trustees of Middle East Media
I report to the charity trustees on my examination of the accounts of Middle East Media (the Trust) for the year ended 31 December 2021.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of Institute of Chartered Accountants of England and Wales which is one of the listed bodies.
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 Trust 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 concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
A J Bennewith FCA, FCPA, FFA, FFTA, FIPA, DChA, FRSA Institute of Chartered Accountants of England and Wales
A J Bennewith FCA, FCPA, FFA, FFTA, FIPA, DChA, FRSA 3 Wey Court Mary Road Guildford Surrey GU1 4QU
Date: .............................................
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Middle East Media
Statement of Financial Activities
for the Year Ended 31 December 2021
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 207,644 Investment income 3 12 Other income - Total 207,656 EXPENDITURE ON Raising funds 83,966 Charitable activities Grants & Costs re MENA projects 87,908 Project Co-ordination and Support Costs 95,630 Total 267,504 NET INCOME/(EXPENDITURE) (59,848) Transfers between funds 12 13,470 Net movement in funds (46,378) RECONCILIATION OF FUNDS Total funds brought forward 91,246 TOTAL FUNDS CARRIED FORWARD 44,868 |
Restricted funds £ 173,182 - - 173,182 3,072 199,437 4,800 207,309 (34,127) (13,470) (47,597) 418,835 371,238 |
31.12.21 31.12.20 Total Total funds funds £ £ 380,826 324,230 12 102 - 120 380,838 324,452 87,038 79,342 287,345 310,962 100,430 51,407 474,813 441,711 (93,975) (117,259) - - (93,975) (117,259) 510,081 627,340 416,106 510,081 |
|---|---|---|
The notes form part of these financial statements
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Middle East Media
Balance Sheet 31 December 2021
| Unrestricted fund Notes £ CURRENT ASSETS Debtors 10 1,806 Cash at bank and in hand 47,583 49,389 CREDITORS Amounts falling due within one year 11 (4,521) NET CURRENT ASSETS 44,868 TOTAL ASSETS LESS CURRENT LIABILITIES 44,868 NET ASSETS 44,868 FUNDS 12 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - 372,510 372,510 (1,272) 371,238 371,238 371,238 |
31.12.21 Total funds £ 1,806 420,093 421,899 (5,793) 416,106 416,106 416,106 44,868 371,238 416,106 |
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 |
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 22 March 2022 and were signed on its behalf by:
J Morris - Trustee
The notes form part of these financial statements
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Middle East Media
Notes to the Financial Statements for the Year Ended 31 December 2021
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.
continued...
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Middle East Media
Notes to the Financial Statements - continued
for the Year Ended 31 December 2021
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 are two legacies totalling £62,883 (2020: one legacy of £15,000).
3. INVESTMENT INCOME
| 3. | INVESTMENT INCOME | |||
|---|---|---|---|---|
| 31.12.21 | 31.12.20 | |||
| £ | £ | |||
| Deposit account interest | 12 | 102 | ||
| 4. | SUPPORT COSTS | |||
| Governance | ||||
| Management | costs | Totals | ||
| £ | £ | £ | ||
| Project Co-ordination and Support Costs | 91,790 | 8,640 | 100,430 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.
Trustees' expenses
There were no trustee expenses paid in the year ended 31 December 2021. (2020: Trustee expenses of £35 were paid in respect of training for one trustee).
6. 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 |
31.12.21 £ 127,390 6,516 3,815 137,721 31.12.21 2 4 6 |
31.12.20 £ 101,328 4,513 3,025 |
|---|---|---|
| 108,866 | ||
| 31.12.20 2 2 4 |
No employees received emoluments in excess of £60,000.
The average number of full-time equivalent employees was 4.3 (2020: 4.1).
continued...
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Middle East Media
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
| 7. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted |
Total | ||||
| fund | funds | funds | ||||
| £ | £ | £ | ||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies | 181,754 | 142,476 | 324,230 | |||
| Investment income | 102 | - | 102 | |||
| Other income | 120 | - | 120 | |||
| Total | 181,976 | 142,476 | 324,452 | |||
| EXPENDITURE ON | ||||||
| Raising funds | 72,598 | 6,744 | 79,342 | |||
| Charitable activities | ||||||
| Grants & Costs re MENA projects | 43,385 | 267,577 | 310,962 | |||
| Project Co-ordination and Support Costs | 51,407 | - | 51,407 | |||
| Total | 167,390 | 274,321 | 441,711 | |||
| NET INCOME/(EXPENDITURE) | 14,586 | (131,845) | (117,259) | |||
| Transfers between funds | 18,291 | (18,291) | - | |||
| Net movement in funds | 32,877 | (150,136) | (117,259) | |||
| RECONCILIATION OF FUNDS | ||||||
| Total funds brought forward | 58,368 | 568,972 | 627,340 | |||
| TOTAL FUNDS CARRIED FORWARD | 91,245 | 418,836 | 510,081 | |||
| 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 |
continued...
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Middle East Media
Notes to the Financial Statements - continued
for the Year Ended 31 December 2021
9. TANGIBLE FIXED ASSETS
| COST At 1 January 2021 and 31 December 2021 DEPRECIATION At 1 January 2021 and 31 December 2021 NET BOOK VALUE At 31 December 2021 At 31 December 2020 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 1.1.21 £ Unrestricted funds General fund 91,246 Restricted funds Restricted Fund for MENA Projects 4,578 Large Legacy Fund 414,257 418,835 TOTAL FUNDS 510,081 |
Net movement in funds £ (59,848) 9,023 (43,150) (34,127) (93,975) |
31.12.21 £ 1,106 700 - 1,806 31.12.21 £ 5,793 Transfers between funds £ 13,470 (13,470) - (13,470) - |
Computer equipment £ 1,149 1,149 - - 31.12.20 £ 34 535 15,000 15,569 31.12.20 £ 4,377 At 31.12.21 £ 44,868 131 371,107 371,238 416,106 |
|---|---|---|---|
continued...
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Middle East Media
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
12. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted Fund for MENA Projects Large Legacy Fund TOTAL FUNDS |
Incoming resources £ 207,656 173,182 - 173,182 380,838 |
Resources Movement expended in funds £ £ (267,504) (59,848) (164,159) 9,023 (43,150) (43,150) (207,309) (34,127) (474,813) (93,975) |
|---|---|---|
Comparatives for movement in funds
| Unrestricted funds General fund Restricted funds Restricted Fund for MENA Projects Large Legacy Fund TOTAL FUNDS |
At 1.1.20 £ 58,368 (133) 569,105 568,972 627,340 |
Net movement in funds £ 14,587 23,002 (154,848) (131,846) (117,259) |
Transfers between funds £ 18,291 (18,291) - (18,291) - |
At 31.12.20 £ 91,246 4,578 414,257 418,835 510,081 |
|---|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted Fund for MENA Projects Large Legacy Fund TOTAL FUNDS |
Incoming resources £ 181,976 142,476 - 142,476 324,452 |
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) |
|---|---|---|
continued...
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Middle East Media
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
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 1.1.20 £ 58,368 (133) 569,105 568,972 627,340 |
Net movement in funds £ (45,261) 32,025 (197,998) (165,973) (211,234) |
Transfers between funds £ 31,761 (31,761) - (31,761) - |
At 31.12.21 £ 44,868 131 371,107 371,238 416,106 |
|---|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted Fund for MENA Projects Large Legacy Fund TOTAL FUNDS |
Incoming resources £ 389,632 315,658 - 315,658 705,290 |
Resources Movement expended in funds £ £ (434,893) (45,261) (283,633) 32,025 (197,998) (197,998) (481,631) (165,973) (916,524) (211,234) |
|---|---|---|
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.
continued...
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Middle East Media
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2021.
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