REGISTERED CHARrri NUMBER.. 271373 Re ort of the Trustees and Unaudited Financial Statements forthe Year Ended 31 Dècember 2023 Middle East Media RÈ istered in En MEM tand A J BÈnnewith FCA. FCPA, FFA, FA, FIPA, DChA, FRSA Uppér Ground Floor 18 Farnham Road Guildford Surrey GUI 4XA
Middle East Medla Contents of the Financial Statements fDrthe Year Ended 31 December 2023 Pagè Report of the Trustee5 I to 4 Independent Examinerf5 Report Statement of Yjnancial Activities Balance Sheet Notes to the Financtal Statements 8 to 14 Dètalled Statement of Financial Activities 15 tts 16
midd East Media Middle East MEDIA REPORT 2023 Re ort ofthe Trustees forthe Year Ended 31 December2023 The trustees PTe5ent their report with the financial statements of the charity for the year ended 31 DecÈtnber 2023. The trustees have 8dopted the provisions of Accounting and Reporting by Ch3rities'. Statement of RÈcomtnended Prnctice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffe¢tNe ljanuary 20191. I V1510N. 08JECTIVES AND AcnviTIES Our vision is tg see the people of the Middle East reconciled to the loving God and equipped to ¢reatively transforrn their communities. We achleve thi5 in three w3yS: Production: We prc*dU PQPEflorfilms, dramas, animations, and social medta content that Strategically display the love, hope and freedom of a)rist. 2 Oistrlbution: Our produrtions are distributed widely on satellite TV 8nd dlgttal platforms. We also use thern on the ground with comrnunitie5 in need, to tackle Issues of Suffering and support them with theirspiritual, so¢ial and mentsl wellbeing. Trainlng. We havÈ trained thousands in media to pursue their own ministrie5. We train other organisations how to USÈ our programmes to support people on the ground. We a150 equip and walk alongside new media team5 $0 thatthey reach the unreached in their comrnunitie5. Activities in the UK Following our rebrand and ImplemÈntatiDn of a new database in 2022, we imprcwed our internal and cross-office communication. As a result. we were able to produce more new applications and reports than planned, enabling US to access now funding. The success rate of our applications wa5 33%, which is very positive for a charity of our size and nature tn the UL Church partnerships in the UK have been very irnportantto us. Two of them hosted in-person events and the third has been kindly allowing the UK Trustees to use one of their TQOrnS for regular meetings. A new churth partner joined us toward5 the end of the year. Fe strong church partnershlps sent a total of £16,229 to support various projects. for which we are deeply grateful. We held three events durSng our MEM Week in May,. two online events and one in-p&rson event hosted by one of our church partne Middle East Media has continu&d Snfoming indNiduals and grant-making bDdies in the UK and Europe about the need5 of the people in the Middle East and North Africa IMENAI. In deciding what to do in the year, the trustEe5 have h2d due Eard to the Charity Commission's public benefit guidance. Page I
Middle East Medi Re ort of the Tru for the Year Endèd 31 De 11 ACHIEVEMENT AND PERFORMANCE Through OUT partners in the MENA, we achieve our misslon through produrtion, distTibution and training. In 2023. we served a wide range of people, as in the Yea b&fore - refugees, traumatised children, suffering women and men. young people. and new believers. Thanks to our don0, generosity. numerous impactful projects, both onllne and on the gmund, have been made possible. For example, our LEfÈ in thE Desert programme for traumatised children was used on the ground with 205 Syrtan thildren in Lebanon's refugoe carnp5. These refugee childn were the first to receive our new Syrian dubbed version of the programrne. Nearty 200 women attended our Nisaa meeting51 providing them wlth life Skills, rnentsl health and well-being support. Donations also supported the essential costs of the Offic in the UK and the Middle East. These Costs included medical insur8nce for DrAb colleagues 2nd thÈ refurbishment of rooms used for project activities. Our partners across the region, including in Lebanon, Morocco. Tunisia, Algerla. 5yrsa. Iraffj Saudi Arabia, Kuwatt, and Yemen, have been using our produttions and educational materials to share thè Gospel. disciple new believets. and bring about social change undÈrpinnÈd by ChriEtiatE values. Additionally, our onllne ptformS, KiTrgdDm PlatForm and ChangeM3ker, have reached millions of MiddlÈ Eastern adults and children wlth the Gospel. Our social rnedia platform in the Gulf has reached rnillions of women, and 10 people took the risk to share that they have ¢Dme to Christ. We continued to work with new media teams across the reD[l. Our airn is not to dittate Dr produce media for them, but to walk alongside- encouraging and supporting wherever posslblÈ. fwo new rnedia teams from Sudan who fled the confiict in their country have startÈd working with us. The teams trained by us in South Sudan continued tD produce Christian materials for radio and W. The Libyan team finished audio translation of four Gospels in lotsl dialect and started working on the book of Atts. CDnflict related delays in the rogion meant a training on media &v3ngellsm and discipleship in Northern Iraq was paused, as was a training of NGO workers in Syria on how to support tumatIsed Children. Itead, MEM was invited to Turkey to train Kurdish believers in media evangelism atthe beginning of 2024. Middle East Media, re&5terEd in England, cooperates wlth a charty u5ingthe same narne, regISted in the USA. Both work with the Middle East Media International Board, which provides oversight of our work throughout the MENA. Middle East Media has representation on the Middle East m13 International Board, where annual performa#c reports of all partners are presented. 111 FINANCtAL REVIEW Rnancial P05itlon In the face of wnflict ènd unprecedented inflation across parts of the Mlddle East, the generoslty of our donors and partners has enabl2d oui resilience and success throughout 2023. Together with sendlng undesign3ted fund5 to Field Projects. our General fiE5prve at 315t December 2023 was lower than we would like, but has now imprgved. We alsD have the Largè Legacy Fund which 15 re5trirted at the discretion of the trustees. The gr05s income forthe year was £399,07112D22.. E3C¥).2211, with funds sent to the Field £303,39912022.. £289,041). One-off, regular or multi-year support from trusts has been vttal to our minlstry- We are very thankful to a few fami trusts supporting us each year. The trurtees would like to place on record their speclal thanks to the Evangelical- Lutheran Church in Wurttemberg in Germany. and Trinity Chunh Buxton in the UK, for thelr long-term support with substant131 annual gifts and prayer5. In addition, we are very srateful to two n2w chUh partners. St Geor8e'5 Stamford and Stanton-by Dale with Dale Abbey & Ri51ey, fortheirfirrn commitmentto support our ministry. The financial ststements gTVÈ a fair representstion of thE assets of the charity. Page 2
Middle East Media ort of the Trustee5 for the Year Ended 31 De¢embèr 2023 IVSTAFF and VOLUNTEERS in the UK The year marked È major restructuring and grgwth in UK staff tspaclty. We finished the year with a strong team of 7 and we give a 5peaal thanks to thern, as well as our volunteers. who continue to glve above and beyond tD promote theworkofMEM. V StRUCTVRE, GOVERNANCEAND MANAGEMENT Governing document The charity is controlled by its govErning document, the constttution, and constltutes an unincorporated charity. Members of the chartty arÈ admitted by the Board from amDng persons whose inspiration to rnembership is authenticat£d by the Board's satisfaction. and who have aL%o Sndicated in writing their a¢ptance of the principles Set out in the Charity's Statement Df Value5. Membership Df the charity shall terminate ff the member resigns by written notice to the Board. or if the member should be removed by the Board after due procas The affairs of the charity are rnanaged by a Board of no les5 than four and no more than ten persons acrlng as trusteès of the charity. The Board invites eligible individuals to betome trustee5 of the charity. The Board may rÈmove any ernber from the Board, but any resolution to remove such a metnber shall require approval by at18ast 75% of the Board members. The Board provides strateglc Dversight of Middle East Media whlch dElegates as appropriats to the UK Administratlon. VI REFERENCE AhlDADMINIrnT]VE DAlLs Registered Charty number 271373 Principal ldresS Unit 142 23 King Street Cambridgè Cambridgeshire CBI IAH TTU5tees CS Large Chair J Morris Honorary Trèasurer D Hodg5on F Holmer J C Hooker H-R Perkin (r18ned 31.12.231 B Taylor R Sumrnerfield Independent Examiner AJ Bennewith FCA. FCPA, FFA. FA FIPA, Dchi FRSA Institute of Chartered Accountants in England and Wales Upper Ground FIDor 18 Famham Rtsad fjuildford Surrey GU14XA Page 3
Middle East Medla ort ofthe Trustè e Year Ended 31 December 2023 for Approved by order of the board of trustees on 10 Junè 2024 and slgned an its behalf by= J Morri5- Trustee Pase 4
Inde endent Examinèr's Re ort to the Trustees of Middle East Mèdia Independent examiner's rèport to the trustees of Middle East Media I report to the charity trustee5 on my examination of the acctrunts of Middle East Media (the Trust) for the year endèd 31 December 2023. Responsibilitie5 and basis of rèport A5 thè charity trustees of the Trust, yOLt are responsible for the prèparation nf the accounts in accordance with the requirements of the Charities Art 20111'the Att'l. I report in Fespett Of my examination of the Trust's accounts carried out under Section 145 of the Att and in carrying gut my Èxamination I have followed all applicable Direttions given by the Charity Commission under Sertion 14515llbl of the A¢t. Indèpendent examinerfs statement Since your charlty's gross income exceeded £250,000 yC>ur examiner must be a member of a listed body. I can confirm that l am qualified to undertake the examination because l am a membèr of the Institute of Chartered Accountants in England and Walès, which is one of the listed bodies. I have completed my examination. I confirm that no materlal matter5 have comè to my attention In ¢onnettion 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 record5- or the accounts do not comply with the applicable requirements conceming the form and content of accounts set out in the Chtrities (Accounts and Reports) Régulations 2W8 other than any requirement that the accounts give a true and fair view which is not 2 matter considered as part of an iAdèpÈndent examinatlon. I havè no concerns and have come across no other mattÈr5 in cc>nnection with the examination to which attention should be drawn In this report in ordèr to enable a proper understanding of the accounts to be reached. A J Bennewith FCA, FCP& FFA. FFTA. FIPA, DChA, FRSA Institute of Chartered Accountants in England and Wales Upper Ground Floor 18 Farnham Road Guildford Sufrey GUI 4XA Date: 25 June 2024 Page S
Middle East Medra ststement of fjnanclal Activitiès for the Year Ended 31 Dember 2023 31.12.23 Total funds 31.12.22 Total funds Unrestricted fund Restritted funds Notes INCOMEAND ENDOWMENTS FROM Donations and legacies 162,289 234,773 397,062 299,843 Investment income 2,009 2,009 378 Totsl 164,298 234,773 399,071 300,221 EXPENDITURE ON Ralsing funds 93,828 204 94,032 92,710 Charitable arttvrtles Grants & Costs re MENA projects Project Cok-ordination and Support Costs 6,266 85.018 297,133 303,399 85,018 289,041 90,707 Total 185,112 297,337 482,449 472,458 NET INCOME/IEXPENDrruREI Transfers between fund5 120,8141 26,949 162,5641 26,9491 183.3781 1172,2371 li Net movement in lunds 6,135 189,5131 183,3781 1172.2371 RECONCILIATION OF FUNOS Total fund5 brought forward 8,191 235,678 243.869 416.106 TOTAL FUNDS CARRIED FORWARD 14.326 146.165 160,491 243,869 The ntste5 form part of these financial statements Pagè 6
iddle East Media Balance Sheet 31 December 2023 31.12.23 Total funds 31.12.22 Total funds Unrestricted fund Restricted funds Notes CURRENT ASSETS Debtors Cash at bank and in hand 1,597 18,422 1,597 176,480 2,049 248.299 158,058 20.019 158,058 178.077 250,248 CREDITORS Amounts falling due within one year io 15,6931 111,8931 117.586 16,4791 NEf CURRENT ASSETS 14,326 146,165 160,491 243,869 TOTALA55Ef5 LESS CURRENT LtABIUTIES 14,326 146,165 160,491 243.g69 NET ASss 14,326 146,165 160,491 243,869 FUNDS Unrestricted funds Re5trirted funds li 14.326 146,165 235.678 TOTAL FUNDS 160,491 243,869 The finanaal statemènts were approved by the Btsard of Trustees and authorised for issue on 10 June 2024 and were slgned on its behalf by.. J Morris-Trustee The notes fom part of these flnancial statèments Page 7
Middle East Media Notes to th inancial Staternents for the Year Ended 31 Decèmber 2023 ACCOUNTING POLICIES Basis of preparing the fjnancial statements The financlal statements of the chartty, which is a public bènefft entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS IQ21 'Accounting and Reparting by Charitiè%= Statement of Recommended Practitè applicable to charitle5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of IrelaF)d IFRS 1021 leffe¢tive l January 20191,, Financial Reporting Stand3rd 102 'The Financial Reptsrting Standard applicable in the UK and Republic tsf Ireland, and the Ch3rrbe5 Att 2011. Thè financial statements have been prepared under the historical st convention. Income All income Is recognised in the Statement of Financial Artivities On thè charity has entitlernent to the fvnd5. it is probable that the income will be rècèived and the amount can be measured reliably. Expendrture Liabilitie5 are recognlsed as expenditure as soon as there is a legal or construttThre Dbligatlon corHmittyng the ¢harty to that expenditure, it is probable that a transfer of economic benefits will be required in settlÈmÈnt and the amount of the obligation bo measured reliably. Expenditure 15 accountéd for on an accruals basis and has been classified under headings that aggregate all cost related to the tstegtsry. Where costs cannot be dirertly attribLrtÈd to particular headings. they have been allocated to activities on a basis conslstent wfch the use of resources. Grants offed subjett to conditions which have rtttt been met at the year-end date are noted as a commitment but not 3ccruÈd as expenditurE. Tangtble fixed assets Depreciation is provided at the followin8 annual lates In ttrdÈrto write off each asset over its estimatèd usef1 life. Taxation The charity is ÈKempt from tax on its charttable attwities. Fund a>UntIng Unrestricted lunds can be used in accordance with the chartt3ble objectives at the discretion of the tru5tee5. Restricted funds can only bè used for particu13r restrirted purposes within thÉ objects of the tharity. RestrictÈons arise when specified by the donor orwhen funds are raised for particular restrlrted purposes. Further explanation of the nature and purpose of each fund Is included in the notes to the financial statements. All grant applicatlOll5 include an administration lèvy for the UK office 5UPPOrt costs and arè preSented in the accounts as a transfer between funds. Forelgn currÈncies Assets and liabilities in foreign currencies are translated Into stèrling at the rats of exchange ruling at the balance sheet date. Transactions in foreign cUTntIeS are translated into sterling at the rate of exchange rulirtg at the date of tran5aLtion. Exchange dffiferences are tsken into account in arriving at the operating resuh. Penslon costs and other post-retirement benefits The charity operates 3 dèfinèd tontribution pension scheme. Contributions payable to the charity's pension scheme a charged to the Statement of Financial Activitie5 in the period to which they relate. Page 8 ontinued...
Middlè East Media Notes to the Financial Statements- continued forthe Year Ended 31 December 2023 DONATIONS AND LEGACIES Donations to General Fund5 comprise a number of regular and irregular donation5 from many supporters, as well 35 some donations from Trusts and othèr entities. Donations to Restricted Funds are largely grants received from Tmsts and Foundations. The Trustees are grateful to all their UK donors for their continued 5UPPOrt throughout the year. Included in donatlons and legacies are two legacies totalling £7.30112022: onÈ legacy Df £l,0001. INVESTMENT INCOME 31.12.23 31.12.22 Deposit account Interest 2,009 378 SUPPORT COSTS Governance osts ManagÈment Totals Project Co-ordlnation and Support C05ts 80.218 4,800 85,018 TRUSTEE5' REMUNERAMON AND BENEFIT5 -R Perkin received remuneration of £6,025 by reason of her employment with the charity and pension contributions of £75 and a htsmÈ office allowance of £175 were also paid fctrr hèr.12022: No remuneration Qr Dther benefits were paid to trustee51. Trustee5' expenses Trustee expens totalling £1.226 were paid in respect of travel and subsistence to two tru5tees.12Q)22: Trustee expenses of £1,266 were paid in respect of travel and sub5iStence to one tru5teel. STAFF COSTS 31.12.23 31.12.22 Wages and salaries Social security cost5 Othèr pèrtsion Costs 131.219 5,552 3,435 132,144 3,930 140,206 142,922 The average monthly Aumber of employee5 during the year was as follow5: 31.12.23 31.12.22 Fundra]ng & publicity Projert CO-ordin3tion and 5UPPOrt No emploè$ rÈcèived emoluments in excess of £60,000. Page 9 contlnued...
Middle East Media Notes to the Yinan£ial Statements- continued for the Year Ended 31 December 2023 STAFF COSTS- continued The average number of full-time equivalent employees was 412022.. 4.41. COMPARATIVES FOR THE sTATEMEr OF FINANCIAL AcfiviTIES Unrestrict2d fund Restricted funds Total fijnds INCOME AND ENDOWMENTS FROM Donations and legaciè5 147,241 152,602 299,843 Investment incorne 378 378 Total 147,619 152,602 300,221 EXPENDITURE ON Raising funds 92,545 165 92,710 Charitable activities Grants & Costs rè MENA projects Project Co-ordination and Supptrrt Costs 18,403 90,707 270,638 289,041 90.707 Totsl 201,655 270,803 472,458 NET INCDME/IEXPENDtTURE} Transfer5 between fund5 154.0361 17,359 1118.2011 117.359 1172,2371 Net movement in funds 136,6771 1135,5601 1172,2371 RECONCILIATION OF FUNDS Totsl funds brought fonNard 44,868 371.238 416,106 TOTAL FUNDS CARRIED FORWARD 8,191 235.678 243,869 P3ge 10 continued...
iddle East Media Notes to the Flnè I Statements- continued forthe Year Ended 31 Decembèr 2023 NET MOVEmEIN FUNDS The net movement Én funds is stated after charging the following.. 31.12.23 31.12.22 Independent Examiner's Remuneratlon 4,800 4,080 DEBTORS: AMOUNTS FALLING DUE WH1N ONE YEAR 31.12.23 31.12.22 Other debtors Prepayments 286 1,311 290 1.759 1,597 2.049 io. CREDITORS: AMOUNTS FALUNG DUE wrrHIN ONE YEAR 31.12.23 31.12.22 other creditors 17,586 6,479 ii. MOVEMENT IN FUND5 NÈt movement in fund5 TnsferS belxeen funds At 31.12.23 At 1.1.23 Unrestricted funds General fund 8,191 120,8141 26,949 14.326 Re5trirted funds Restricted Fund for MENA PrtsJects Large Legacy Fund 11,1421 236,820 26.317 188,8811 126,9491 11,7741 147,939 235,678 162,5641 126,9491 146,165 TOTAL FUNDS 243.869 183.3781 160,491 Page 11 continued.
Mlddle East Media Notes to the Flnantlal S tements- continued or the Year Ended 31 Dember 2023 ii. MOVEMENTIN FUNDS-tontinued Net movement in funds, included in the abovè are as follows= Incoming resources Rèsources expended Mtrvement in funds Unrestrirted fvnds General fund 164,298 I5,112) 120.8141 Restricted funds Restritted Fund for MENA Projerts Large Legacy Fund 234.773 1208,4561 188.8811 26.317 188,8811 234,773 1297,3371 162,5641 TOTAL FUNDS 399.071 1482,4491 183,3781 Cornparatives for movement In fund5 Net movement in funds Transférs between fund5 At 31.12.22 At 1.1.22 Unrestricted funds General fund 44,868 154,0361 17,359 8,191 Restrltt&d fijnds Restricted Fund for MENA Projects Largè LÈgacy Fund 16,086 1134.2871 117,3591 11,1421 236,820 371,107 371.238 1118,2011 117,3591 235,678 TOTAL FUNDS 416.ID6 1172,2371 243,869 Page 12 continued...
Mlddle E st Media Notes to the Flnanclal Statements- continued for the Year Ended 31 December 2023 ii. MOVEMENT IN FUNDS- continued Comp3rati¥è net movement In fijnds, included in the above are as fc>llows= Incoming resources Resources expended Movement in funds Unrestrirted funds General fund 147,619 1201,5551 154,0361 Restricted funds Restricted Fund for MENA Projects Large Legacy Fund 152,602 1136,5161 1134,2871 16,086 1134,2871 152.602 127Q,8031 1118.2011 TOTAL FUNDS 300,221 1472,4581 1172,2371 A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds Transfe beeen funds At 31.12.23 At 1.1.22 Unrostricted fttnd5 General fund 44,868 174,8501 44,308 14,326 Restricted fvnds Restricted Fund for MENA Projerts Large Legacy Fund 131 371,107 42,403 1223,1681 IU,3081 11,7741 147,939 371,238 1180,7651 144,3081 146,165 TOTAL FUNDS 416,106 1255.6151 160,491 Page 13 continued...
Middle East Mèdi Notes to the Financlal S tements- continued fort ¢ Year Ended 31 December 2023 ii. MOVEMENTIN FUNDS-continued A current year 12 months and prior year 12 months combined net movèment in fund5, includèd in the above are as follows: Incoming resourcÈ% Resources expended Movement in funds Unrestrlcted funds Generdl fund 311.917 1386,7671 174,8501 Restricted funds Restritted Fund for MENA Projects Large Legacy Fund 387,375 1344,9721 1223,1681 42,403 1223,1681 387,375 1568,1401 1180,7651 TOTAL FUNDS 699,292 1954,9071 1255,6151 The Restricted Fund for Middle East Projerts includes all restricted incomè and expenditure for projects in the Middle East sèt up in accckrdance with the charity's objèctives. The Largè Lègacy Fund relates to a generous legary gift which will be used mainly for development. marketing 2nd capacity building in the UK and with our partnèrs in MENA. 12. RELATED PARTY 01SCL05URES A5 disclosed in note 5 to the accounts, one trustee, H-R Pèrkin, received a salary and other bènefits during the year and she was 3150 reimbursed travel and subsistence expen5e5 totalling £l,IDI. Another trustee, F Holmer, wa5 reimbursed trustee expenses of £125. Helen Deane. the daughter of a trtssteè. reived a salary tsf £3,141 in respett of her employment wth the charity. Page 14