Child Evangellsin fiello)vship Of Ireland
Stateinent of Flnanclal Actlvities
foi. the year elided 31 Mai'ch 2023
2023
Total
lids
2022
Total
funds
Uni'esti'icled
funds
Resti'icted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donatioiis ai)d legacies
198,277
198,277
173,155
Charitable actlvltles
Adininistralion
Chai'itable activities
Resoui'ce Cenlres
15,687
2,505,077
68,381
329,041
177,989
2,052,505
2,381,546
177,989
Other ti'ading activities
Investment inconie
33,341
18,635
33,341
18,635
36,847
22,074
TotAI
757,283
2,052,505
2,809,788
2,821,221
EXPENDITURE ON
Raising ￿ndS
48,235
48,235
52,664
Charitable activities
Administration
Selliiig 2nd Disti'ibution
EslablishmeIit
Fin211cial
Depreciation
Charitable activities
Resource Centres
164,731
63,092
54,377
27,756
83,013
843,281
251,388
164,731
63,092
54,377
27,756
83,013
2,069,573
251,388
149,439
51,112
30,256
11,098
58,064
1,758,943
104,010
1,226,292
Total
1.535,873
1,226,292
2,762,165
2,215,586
NET INCOMEI J(EXPENDITURE)
Ti'aiisfers behveen funds
(778,590)
685,849
826,213
(685,849)
47,623
605,635
19
Net movement ill funds
(92,741)
140,364
47,623
605,635
RECONCILIATKON OF FUNDS
Total filnds bt-oughl forwai'd
3,568,822
1,264,249
4,833,071
4.227,436
TOTAL FUNDS CARIUED FORWARD
3,476,081
1,404,613
4,880,694
4,833,071
The notes foi'in pai'l of these financial slatenieiits
Page 19

Child E( vangelism fiellowship Of Ii'eland (Registei'ed iiuinbei-: N1622619)
BAIAn¢e Sheet
31 March 2023
2023
Total
funds
2022
Total
i)ds
Uni'estrieted
funds
Restricted
fiiiids
Notes
FIXED ASSETS
Taiigible assets
14
3,398,327
3,398,327
3,370,926
CURRENT ASSETS
Stocks
Debtors
Investments
Cash at bank and in hand
15
16
17
22,928
27,365
22,928
61,781
416,499
1,017,036
23,691
23,027
435,817
1,017,668
34,416
416,499
953,697
63,339
113,632
1,404,612
1,518,244
1,500,203
CREDITORS
Amounts falliiig diie within one year
18
(35,877)
(35,877)
(38,058)
NET CURRENT ASSETS
77,755
1,404,612
1,482,367
1,462,145
TOTAL ASSETS LESS CURRENT
LIABILITIES
3,476,082
1,404,612
4,880,694
4,833,071
NET ASSETS
3,476,082
1,404,612
4,880,694
4,833,071
FUNDS
Urll'eslricled funds
Restricted fuiids
19
3,476,082
1,404,612
3,568,822
1,264,249
TOTAL FUNDS
4,880,694
4,833,071
These fii)ancial slalen)ents have been pi'epai'ed in accordance with the provisioiis applicabl¢ to charitable conipaiiies
subject lo Ilie sinall conipanies regime.
The fin
tateinents were approved by the Board of Trustees and authorised foi. issue
and were signed on its behalf by:
on
Mr M Conroy- Tiuste
Q(1 (? LD
Miss J Poi'te - Trustee
The notes foi'i)I pai'l of tliese finaiicial slateinents
Page 20

Cliild Evangelisin Fellowsliip Of Ii'eland
Cash Flow Statement
for the year elided 31 Mai'ch 2023
2023
2022
Notes
Cash floivs fi'om operating aetivities
Cash generated fi'oIn operations
108,086
698,994
Net cash provided by operating activities
108,086
698,994
Cash floivs froin investing activities
Pui'chase of tangible fixed assets
Intei'est received
(112,804)
4,086
(1,182,898)
2,230
Net cash used in iiivesting activities
(108,718)
(1,180,668)
Change fin cash aiid cash eqllivalelits in
the reporting period
Cash and cash equivalents at tlie
beginniiig of the repoi'ting perlod
(632)
(481,674)
1,017,668
1,499,342
Cash and cash equivalents at tlie end of
the i'eporting period
1,017,036
1,017,668
Tlie notes forin parl of these fiiiaiicial slateiiienls
Pi(ge 21

Child E4 vangelisin Felloivshlp Of Ii'eland
Notes to the Cash fioiv Statement
for the year elided 31 Mai'ch 2023
RECONCILIATION OF NET INCOME TO NEI. CASH FLOW FROM OPEI RATING ACTIVITIES
2023
2022
Net income for tlie i'eporting period (as pei- the Statement of Financial
Activities)
Adjllstnients foi.:
Depi-eciation chai'ges
Loss oli disposal of fixed assets
Inlei'est I'eceived
Uiii'ecognised (gain)Iloss on investments
Deci'ease in stocks
(Inci-ease)/decrease in debtoi's
(Decrease)linci'ease iii ei'editors
47,623
605,635
83,013
2,390
(4,086)
19,318
763
(38,754)
{2,181)
59,214
(2,230)
(6,884)
5,575
11,104
26,580
Net cash provlded by opei'ations
108,086
698,994
ANALYSIS OF CHANGES IN NET FUNDS
Al 114122
Cash flow
At 3113123
Net cash
Cash at bank and in hand
1,017,668
(632)
1,017,036
1,017,668
(632)
1,017,036
Liquid resources
Deposits iiicluded in cash
Ciirrent asset investmei)Is
435.817
{19,318)
416,499
435,817
(19,318)
416,499
Total
1,453,485
{19,950)
1,433,535
Tlie notes foi'iii pai't of tlies¢ financial statements
Page 22

Cliild Ei vangelisin Fi elloivship Of Ireland
Notes to the FinanciAI Statemeilts
for the year ended 31 Mal'ch 2023
STATUTORY INFORMATION
Child Evangelisin Fellowship of Ireland is a pi'ivate con)pany, liinited by guarantee, registered ii) Noi'tliei'n
Ireland. The company's registered nuinbei- and registered office address can be fouiid on the Company
Inforinalion page.
The pi'esenlation ciiri-ency of the financial statements is the Pound Sterling {£).
ACCOUNTING POLICIES
Statement of compliance
The financial slalemenls of the chai'itable conipany, which is a public benefit entity under FRS 102, have been
prepared in accoi-dance with the Cliarities SORP (FRS 102) 'Accounting and Repoi'ting by Cliarities.. Statenient
of Recommended Practice applicable to charities prepai'ing theii. accounts in accordaiice with the Financial
Reporting Standard applicable in the UK and Repiiblic of Ii-eland (FRS 102) (effective l January 2015),,
Fii)aiicial Reporting Standard 102 'The Financial Repoi'ting Standard applicable in the UK and Republic of
Irelai)d' and the Companies Act 2006
Basis of Pi'eparatlon
The financial statements have been pi'epai'ed undei- the histoi'ical cost convention, except for iiivestinenls wliich
are included at market value.
Critical accounting judgements and Iiey sources of estimation uncertainty
In the application of the company's accounting policies, the directors al'e L'equired to make jiidgemenls, estin)ates
and assuinptions abolit the carrying ainoiint of assets and liabilities that al'e not I'eadily appai-ent froni othei.
sources. The estiinales and assocsaled assuinptions are based upon histoi'ical experience and other factors that are
considered lo be relevant.
The estiniates and undei'lyii)g assuinptions are reviewed orl an ongoing basis. Revisions to accounting estiniales
are recognised in die pei'iod iii wliicl) the estiinate is revised aiid where the revision effects only that pei'iod, or iii
the pei'iod of revision and future periods whei'e the revision affects both current and fiitui'e periods.
Critical judgeinents
The following judgements {apai-I froni those involving estimates) have had the most significant effect on ai)iounls
recognised in the financial stateii)eiils.
Useful Economic Life of Assets
Tlle annual depi'eciation charge foi. tangible fIxed assets is sen51tive to chaiiges in the usethl economic lives and
residual values of assets. The useful economic lives aiid i'¢sidual values are reassessed aiinually. They are
an)ended when iiecessary lo reflect cui-rent estiinates, based upon technological advaii¢ement, ft]tui'e investnients,
econoniic utilis8tioii and the physical conditlOLI of tlie assets.
Inconiing resoui'ces
All incoine is included in the Siatenienl of Finaiicial Activities when the Chai-ity is eiititled lo the income and the
aiiiount can be quaiitified with i'easonable accui'acy and there is sufficieiit cei-lainty that receipt of the incoine 15
considered pi'obable.
The following specific policies are applied lo particular categories of income-_
Voliiiitary income including donations, gifts, gi'ants aiid lithes tliat provide core ￿nd]llg or al'e of a genei'al nature
are accouiited foi. as Iliey are I'eceived oi. there is cvidence of entitlenient lo the gift and its ainoiinl cai) be
measiii'ed with sufficient i'eliability.
Investment iiiconie is included when receivable.
Page 23
coiitiiiiied...

Child Evangelism Fellowsliip Of Ireland
Notes to the Flnailcial Statements - eontinued
for tlie yeaR' ended 31 Mai'ch 2023
ACCOUNTING POLICIEI S- continued
liicomlng I'esoui'ces
Tlie recognition of incoiiie fi'oin legacies is i'ecognised wheii I'eceipt is probable aiid Ihei'e is the ability to
estimate with sufficient accui'2cy the amount i'eceivable.
Other ii)come received fj'oin the sale of publications ai)d it)coiiie froin the camp centres al'e included iii the yeai.
ii) which il is i'¢ceivable.
Resources expended
Expenditure is recognised oil an aecivals basis when a liability is incui'red. Expenditure iiicliides any V A T which
cannot be fully recovered aiid is i'epoi'ted as parl of the expenditure to which it I'elates. Expenditui'e is recognised
oiice tlier¢ is a legal 01- constructive obligation to inake a paynient to a thii'd party, it is probable that settlenient
will be required and the amount of the obligation can be measui'ed i'eliably.
Expenditui'e on charitable activities eoniprises costs incurred by the Charity iii delivei-ance of its activities and
services for ils beneficiaries.
All costs are allocated lo expendittire categories reflecting the use of Ilie i-esource. Direct costs attributable to a
single activity are allocated to that activity. Shai-ed costs wliich con¢ribLlte to more than one activity and suppoi't
costs which are iiol atlribulable to a single activity al'e appoi-lioned between these activities oil a basis consisleiit
witli the iise of resoui-ces.
Govei'iiance costs include these costs inciirred in the govei'nance of che Chai-ity aiid ils assets aiid are priniarily
associated with conslilulional and slattitoiy i'equii'emei)Is.
Tangible fixed assets
Tangible fixed assets al'e initially ineasut'ed at eosl, except for fi'eehold property which has been valued at the
open Inarket value ac tlie dale of incoi'poi'ation (March 2018). They are subsequently Ineasui'ed at cost oi.
valuation, net of depi'eciatioii and any impaii'iiient losses. Historical cost includes expenditui'e that is dii'ectly
attribiilable to brii)gii)g tlie asset lo the loeation and condition necessary for it to be capable of opei'ating in the
mannei. iiitended by management.
Depi'e¢ialion is pi'ovided at the following ai]nual i'ales in order to wt'ite off the cost less estiinaled residual value
of each asset over ils estimated useful life.
Freehold properly
1.50/0 on cost
Plant aiid Inachinery 200/0 on cost
Fixtui'es and fittings
150/9 on reducing balan¢¢
Computer equipineiit 20 % on cost
At each balance sheet, the carrying amounts of tangible assets al'e i'eviewed to determine whethei. there is an
indicatioii that those assets have suffei'ed an impairment loss. Where the cai-rying valiie exee¢ds the estimated
recoverable aniount (being the greater of fail. value less costs lo scll and value-in-use), ail iinpaii'ineiit loss is
I'ecogiiised by wi'lling down the assets cash_generating units to Iheii. recoverable ainounl. Ali impairnient loss is
recognised iiwnediately in the slalement of financial activities. Any revei'sal of a previous iinpairm¢nt is
siniilarly recogiiised inimediately in the slalenieiil of financial activities.
Stocks
Stocks al-e valued at the lower of cost and net realisable value, aftei. Inaking due allowaiice foi. obsolete ai)d slow
moving iteins.
Elements of cost include the purcliase price of the product and fi-eight chai'ges. Stock is valued ot] a first in, first
out basis.
Page 24
conliiiued..

Child F.vaiigelisi)i Fellowship Of li'elaiid
Notes to the f< iiiaiicial StAtements - eontiiiued
foi, tlie yegr ended 31 Mai'ch 2023
ACCOUNTING POLICIEI S- contillued
Stocks
Net realisable value eompi-ises the actual oi. estimated selling price less all fiii'lhei. costs incurred in marketiiig,
selling and dists-ibution.
Taxatlon
As a charity (Charity Nuinbei. NIC100984), Child Evangelisim Fellowship of Ireland is exempc from corporation
lax on its inconie and gains falling within s¢ctioii 505 of the Taxes Act 1988 os s256 of the Taxatioii of
Chai'geable Gains Act 1992 10 the extent that these al'e applied to its charitable objects. No tax ch81.ges have
arisen in the yeai..
Fund accounting
Unresti'icled funds can be used in accoi'dance witli the charitable objeclives at the discretion of the trustees.
Resti-icted funds can oiily be iised foi. parliculai. I'esti'icled purposes wtthin the objects of the cliarity. Restrictions
arise when specified by the donoi. oi. when funds al'e raised foi. pai'ticular r¢sti'icted purposes.
Furthei. explaiiation of the natui'e and purpose of each fund is included in Ilie notes lo the fii)ancial statemeiils.
Cash and cash equivalents
Cash al bank and in haiid comprises cash at bank only.
Foi'elgn cui'rencies
Assets and liabilities in foi-eign currencies are translated into sterling at the rates of exchange iiiling at the
balance sheet date. Ti'ansactions in foreign eiiiTencies at'e translated into slei'ling 81 Ilie rale of exchange ruling al
the date of transaction. Exchange diffei'ences al'e taken iiito account in ai'riving at the operating i'esiilt.
Pension costs and otlier post-retiren)ent benefits
The chai'itable conip2ny opei'ates a defined conli'ibution pension scheme. Contributions payable to t]ie chai'itable
company's pension scheme are chai'ged to the Siaceinent of Financial Activities in the pei'iod lo which they i'elale.
Investments
liivestments held as cui'i'ent assets al'e revalued annually lo reflect open market value. The Slaleinenl of Financial
Activities includes the net gaiiis and losses arising on i-evaluatioiis Ihroughoiit Ilie yeai-.
Financial iiisti'uments
The company has elected to apply the provisions of section I I 'Basic Financial Instruinents, and section 12
'Oiher Financial Iiislrumenl Issues, of FRS 102 to all of its financial instrunients.
Financial instrunients are i'eeognised in the conipany's balaiice sheet when the company beconies pai'ly lo the
contractual provisions of the insti'iiinent.
Financial assets.
Basic financial assets, includiiig ti'ade aiid othei. debtoi's and cash at)d bal￿ balances are initially i-ecogi)ised at
IraI)saclion price, iiiiless the arrangemeiil constitutes a fInancing ti'ansaction, wlicre the ts'ansaclion is ineasui'ed at
the present value of fiittii'e i'¢¢eipls discounted at a mai'kel i'ale of inlei-est. Such assets are subsequently catTied
at amorlised cost using Ilie effective intei'est Iiieihod.
Dei'ivalives, includiiig foi'ward exchange conli'acls, are not basic financial ii)slrumenls. Derivatives al-e initially
recognised at fail. valiie on tl)e date a dei-ivative conti'act is eiitei'ed into aiid al'e subsequently i'e-lmeasui'cd at their
fail- value. Clianges iii the fail- value of derivatives are I'ecogiiised in the pi'ofil and loss in fiiiance costs oi.
Iiiiaiiee income as appropi'iale.
Page 25
continued..

Cliild Evangelism Fellowship Of Ireland
Iyotes to the Financlal Statements - eontinlled
foi. the year ended 31 Mai'ch 2023
ACCOUNTING POLICIEI S - contiiiued
Financial instruinents
Impaii'ment of finaneial assets
Fii)ancial assets, other than those held at fail. v21iie througli profit and loss, are assessed foi. impaii'menl at each
repoi'ting dale.
Financial assets are iinpaii'ed when Ihei'e is objective evidence that, as a result of one or more events that
occui'i'ed aftei. the initial i'ecognitioii of the finaiicial asset, the estimated futut'e cash flows have been affected. If
an asset is impaii'ed, the iinp2ii'in¢iit loss is the diffei'ence between the cai"i'ying anioiint and the present value of
the estimalcd cash flows discounted at tl)e asset's original effective inteL'est race. The impairment loss is
I'¢cognised in profit oi. loss.
If there is a deci'ease Én the iinpairnient loss ai'ising froiii an event occuring aftei. the iinpaiin]ent was i-ecognised,
the impaii'iiient is i'eversed. The i'eversal is such that the curi'ent cari'ying amount does not exceed what the
cariying amount woiild have been, liad the iinpairment not pi'eviously beeii recognised. The impaii-ment revei'sal
is i'ecognised iii profil or loss.
Derecognition of financial assels
Financial assets are dereeognised only when the eonlratttual rtghis to cash flows fi'om the asset expii'e or are
settled, or when the coinpany Ii'ai)sfers the financial asset aiid substantially all thc risks and rewards of ownei'ship
to another entity, or if soiiie of the i'isks and rewai'ds of own¢rship al'e retained but control of the asset has
traiisferred to anothei. party that is able lo sell the asset in its entirety lo an unrelated Iliird party.
FlngnciAI liabilities
Basic financial liabilities, iiicluding ti?de and other creditors and bank loans and overdi'afts, are initially
recognised at traiisaction price, unless the ai'rangemeiit constitutes a financing transaction, where the transaction
is measured at the present valiie of ￿tll1-e receipts discounted a¢ a mai'ket rate of interest. Such assets are
subsequently carried at amortised cost using the effective interest method.
Debt instiuineiits are subsequently carried al amoi-lised cost, Iising the effective interest l'ate metliod.
Trade ci'editors are obligatioiis lo pay foi. goods oi. serviccs that have been acquii'ed in the oi'diiiaiy course of
busiiiess fi'oiii suppliei-s. Ainounts payable are classified as cui'i'ent liabilities if payineiil is due within one year 01-
less. If not, they are preseiiled as non-curi'eiit liabilities. Trad¢ crediloi's are initially Lecognised at transaction
price 2nd subsequeiitly measured at ainoi'tised Cost using the effective interest Inethod.
Derecognitioii of l]nanclal liabilities
Finaiicial liabilities are derecognised when the coinpany's contractual obligatioi)s expire or are dischai'ged or
cancelled.
Golng Concern
Ai the time of approviiig the financial statements tlie Iruslees have a reasonable expectation that the charity has
adequate resoui-ces to concinue ii) operalioiial existeiice for the foi'eseeable futui'e. Thus Il)e Irlislees continue to
adopt the going concei'n basis of accountiiig in pi-eparii)g Ilie financial statements.
Page 26
conliiiiied...

Child 14 vangelfism Felloivshlp Of Ii'eland
Notes to the Financial Statenients - coiitliiued
for the year ejided 31 Mai'ch 2023
DONATIONS AND LEGACIES
2023
Total
fiinds
2022
Total
nds
Uiii-estricted
fill)ds
Restricted
fuiids
Donations and legacies
Tithes
73,506
124,771
73,506
124,771
46,285
126,870
198,277
198,277
173,155
OTHER TRADING ACTIVITIES
2023
Total
fiinds
2022
Total
nds
Uni'estricled
funds
Restricted
lids
Shop inconie
33,341
33,341
36,847
INVESTMEI NT INCOME
2023
Total
funds
2022
Total
funds
ul￿estriCted
funds
Restricted
funds
Rents i'eceived
Uiii'ealised gaiii on investinents
Deposit account intei'est
14,549
14,549
12,960
6,884
2,230
4,086
4,086
18,635
18,635
22,074
INCOME FROM CHARITABLE ACTIVITIES
2023
2022
Activity
Administi'ation
Charitable activities
Resource Cenli'es
Resoui'ce Ceiits'es
Graiits
Incoming resoui'ces
Cami) cenli'e incoine
Gi?nls
15,687
2,505,077
53,022
15,359
2,381,546
177,989
2,559,535
2,589,145
Page 27
continucd...

Child vangellsm Felloivship Of li'elaiid
Notes to the Flnancial StatemeIits - eontinued
for the ye21. ended 31 Mai'cli 2023
RAISING FUNDS
Otliei. trading activities
2023
To¢al
funds
2022
Total
nds
Um-estricted
funds
Restricted
funds
Opening stock
Pui-chases
Closing stock
Staff costs
23,691
36,769
{22,928)
10,703
23,691
36,769
{22,928)
10,703
29,266
28,467
{23,691)
18,622
48,235
48,235
52,664
CHAIUTABLE ACTIVITIES COSTS
Support
costs (see
note 9)
Dii'ecl
Costs
Totals
Adn]inistration
Selling and Disli'ibution
Establishment
Finaiicial
Depreciation
Charitable activities
Resoiirce Centi'es
164,731
63,092
54,377
164,731
63,092
54,377
27,756
83,013
2,069,573
251,388
27,756
83,013
2,043,595
249,140
25,978
2,248
2,657,948
55,982
2,713,930
SUPPORT COSTS
Govei'nance
costs
Finaiice
Totals
Financial
Chai'ilable activilics
Resoiii-ce Cenlres
27,756
27,756
25,978
2,248
25,978
2,248
30,004
25,978
55,982
Page 28
conliniied...

Child Evangellsm Felloiv5hip Of li-eland
Notes to the Finaiicial Statements - coiitinued
for the yeai. ended 31 Mai'ch 2023
io.
NET INCOMEI(EXPENDITURE)
Net income/(expenditui'e) is slated aftei. chai'ging/(crediting)'.
2023
2022
Auditors, i-emuneration
Depreciation ~ owtied assets
Deficit oil disposal of fixed assets
11,400
83,013
2,390
9,500
59,214
ii.
TRUSTEES, REMUNEI RATION AND BEIYEFITS
There were i)0 tsiislees, reniiinei-ation or othei- benefits for the year elided 31 Marcl) 2023 noi. foi. tlie yeai. ended
31 March 2022.
Trustees, expejises
There weiE 110 trustees, expenses paid for the year elided 31 March 2023 noi. for the year ended 31 Mxrch 2022.
12.
STAFF COSTS
2023
2022
Wages and salai'ies
Social seeui'ity costs
Othei. pension costs
777,510
59,713
41,069
701,887
43,800
37,880
878,292
783,567
The avei'age monthly numbei. of employees dui'ii)g the year was as follows:
2023
10
2022
12
Head o￿lee
Resoui'ce Cenlres
Shop
Field Workei's
29
24
45
41
No employees I'eceived emoluments in excess of £60,000.
Page 29
conliniied...

Child Evangellsni f4 ellowsliip Of li-eland
Notes to the f< iiiancial Statemeiits - continued
for the year ended 31 Mai-ch 2023
13.
COMPARATIVES FOR THE STATEMENT or filNANCIAL ACTIVITllI S
Um-esli'icted
fui)ds
Resti'icted
funds
Total
nds
INCOME AND II NDOWMENTS FROM
Doiialions and legacies
173,155
173,155
Chai-itable activities
Adininisli?tion
Charitable aetivities
Resource Centi'es
15,687
321,846
68,381
15,687
2,505,077
68,381
2,183,231
Other Érading activities
Investment incoiiie
36,847
22,074
36,847
22,074
Total
637,990
2,183,231
2,821,221
EXPENDITURE ON
Raisii)g fuiids
52,664
52,664
Charitable activities
Administration
Selling and Distribution
Establislm]ent
Finaiicial
Depreciation
Cliarilable activities
Resource Cenlres
149,439
51,112
30,256
11,098
58,064
600,723
104,010
149,439
51,112
30,256
11,098
58,064
fi,758,943
104,010
1,158,220
Total
1,057,366
1,158,220
2,215,586
NET INCOMEI(EXPENDITURE)
Tl'ansfers behveeii funds
(419,376)
1,652,361
1,025,011
(1,652,361)
605,635
Net Inovement in funds
1,232,985
(627,350)
605,635
RECONCILIATION OF FUNDS
Total fw]ds bi'ought foNiai'd
2,335,837
1,891,599
4,227,436
TOTAL FUNDS CARRIED FORWARD
3,568,822
1,264,249
4,833,071
Page 30
coiitinued...

Child Evangelism Fellowship Of li'eland
Notes to the ji)ai)eial Statements - continued
foi. the yeai. eiideil 31 Mai'ch 2023
14.
TANGIBLE FIXEI D ASSETS
Fixtui'es
and
fillings
Freeliold
propei'ty
Coniputei.
equipment
Totals
COST
At l April 2022
Additions
Disposals
3,368,845
44,666
140,123
52,85
(19,063)
81,751
15,287
{772)
3,590,719
112,804
(19,835)
At 31 Mai'ch 2023
3,413,511
173,911
96,266
3,683,688
DE4 PRECIATION
At l April 2022
Charge for yeai-
Eliniinated oli disposal
103,419
5L,203
86,086
15,201
(16,673)
30,288
16,609
(772)
219,793
83,013
(17,445)
At 31 Mai'ch 2023
154,622
84,614
46,125
285,361
NET BOOIC VALUE
At 31 Mai'ch 2023
3,258,889
89,297
50,141
3,398,327
At 31 Mai'ch 2022
3,265,426
54,037
51,463
3,370,926
The ti'ust¢¢s consider that the Net Book Value is reasonable in i'elalion to ciirrent values.
15.
STOCKS
2023
2022
Stocks
22,928
23,691
The i'eplacement value of stock did not diffei. materially from its hisloi'ical cost.
16.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Ti'ade debtoi's
Income lax i'ecovel'able
Genei'al loans
VAT
Pi'epayments
24,723
34,416
1,586
17,755
100
3,211
375
2,162
480
61,78L
23,027
P28e31
coi)linued...

Child Evangelisni Felloivship Of Ii'eland
Notes to the Fiiiancial Statements - continued
foi- the year ended 31 March 2023
17.
CURRENT ASSEI T INVESTMENTS
2023
2022
Othei. ii)vestinents
416,499
435,817
18.
CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Trade creditoi's
Social security and olhei. taxes
Staff Peiisions Creditor
Accnied expei)ses
6,533
12,623
8,619
0,503
4,386
14,550
16,721
35,877
38,058
19.
MOVEMENT IN FUNDS
Nel
movement
in funds
Transfei's
between
funds
At
3113123
Ai 114122
Unrestrlcted funds
Acciimulaled fund
Property Capital Fund
Missionary Fund
Miscellaneous Flind
51,668
3,265,426
237,964
13,764
(869,914)
(51,203)
72,173
70,355
818,246
44,666
(156,290)
(20,773)
3,258,889
153,847
63,346
3,568,822
(778,589)
685,849
3,476,082
Restrlcted funds
Missionary Fund
Local Area Fund
M McQiiilkeii Flind
Miscellaneous Fund
296,155
438,742
260,000
269,352
242,209
364,978
(195,521)
(363,315)
(260,000)
132,987
342,843
440,405
219,025
621,364
1,264,249
826,212
(685,849)
1,404,612
TOTAL FUNDS
4,833,071
47,623
4,880,694
Page 32
continued...

Child Evangelism Fellowsliip Of Ireland
Notes to the Financlal Statements coiitinued
for the year ended 31 Marcli 2023
19.
MOVEI MENT IN FUNDS - continueij
Net niovenient iii fuiids, included in the above are as follows..
Incoining
I'esoui'ces
Resources
expeiided
Movement
in fuiids
Ulii'estricted funds
Accumulated ￿nd
Propei-ty Capital Fund
Missioiiary Fund
Miscellaiieous Flind
428,242
(1,298,156)
(51,203)
{146,310)
(40,203)
(869,914)
(51,203)
72,173
70,355
218,483
110,558
757,283
{1,535,872)
(778,589)
Restricted funds
Missionai'y Fuiid
Loeal Area Fuiid
Miscellaneous Fund
791,927
759,700
500,878
(549,718)
(394,722)
(281,853)
242,209
364,978
219,025
2,052,505
(1,226,293)
826,212
TOTAL fiUNDS
2,809,788
(2,762,165)
47,623
CompAI'atives foi. movement in funds
Net
movement
in funds
Transfers
between
ft]iids
At
3113122
Ai 114121
Unrestricted funds
Accumulated fiind
Property Capital Fund
Missionary Fund
Miscellaneous Fund
{693,172)
(34,420)
301,666
6,550
744,841
1,074,189
(166,669)
51,669
3,265,425
237,964
13,764
2,225,656
102,967
7,214
2,335,837
(419,376)
1,652,361
3,568,822
Resti'lcted fullds
Missionary Fund
Local Area Fund
M McQuilkeii Fund
Miscellaneous Fiiiid
271,382
430,008
260,000
930,209
8,577
319,789
16,195
(311,055)
296,154
438,742
260,000
269,353
696,645
(1,357,501)
1,891,599
1,025,011
(1,652,361)
1,264,249
TOTAL FUNDS
4,227,436
605,635
4,833,071
Page 33
contiiiued...

Cliild li iiangelism Felloivsliip Of Ireland
Notes to the Financial Stateinents - continued
foi. tlie year elided 31 Mai'ch 2023
19.
MOVEMENT IN FUNDS- contliiued
Cornparative net movement in fiinds, included in the above are as follows:
Incomiiig
resOl￿CeS
Resources
expendcd
Moveinent
in fuiids
Unresti'icted funds
Accumulated
Property Capital Fund
Missionary Fuiid
Miscellaneous Fund
316,144
(1,009,316)
(34,420}
(13,630)
(693,172)
(34,420)
301,666
6,550
315,296
6,550
637,990
(1,057,366)
(419,376)
Restricted funds
Missionary Fund
Local Area Fund
Miscellaii¢ous Fund
632,895
722,419
827,917
(624,318)
(402,630)
(131,272)
8,577
319,789
696,645
2,183,231
(1,158,220)
1,025,011
TOTAL FUNDS
2,821,221
(2,215,586)
605,635
A current year 12 months and pi'ioi. year 12 months coinbined position is as follows:
Net
movement
iii funds
Transfers
betweeii
fiinds
At
3113123
Ai 114121
Unresti'icted fuiids
Accuniulaled ft]iid
Property Capital Fund
Missionaiy Flind
Miscellaneous Fund
(1,563,086)
(85,623)
373,839
76,905
1,563,087
1,118,855
(322,959)
(20,773)
2,225,656
102,967
7,214
3,258,888
153,847
63,346
2,335,837
(1,197,965)
2,338,210
3,476,082
Resti'lcted funds
Missionary Fund
Local Area Fund
M McQuilk¢i) Fuiid
Miscellaneous Fui)d
271,382
430,008
260,000
930,209
250,786
684,767
(179,326)
(674,370)
{260,000)
(1,224,514)
342,842
440,405
915,670
621,365
1,891,599
1,851,223
{2,338,210)
1,404,612
TOTAL FUNDS
4,227,436
653,258
4,880,694
Page 34
coiitiiiued.

Chlld Evaiigelisni Felloivsliip Of Ii'eland
Notes to the Financial Statements - coiitinued
foi. the yeai. ended 31 March 2023
19.
MOVEMENT IN FUNDS - coiitinued
A current year 12 months and prior year 12 months combined net n)ovement in funds, iiicluded in the above are
as follows..
Incoining
resoui'ces
Resources
expended
Moveinent
in funds
Unresti'icted funds
Accumulated fund
Property Capilal Fund
Missionaiy Fuiid
Miscellaiieoiis Fiind
744,386
(2,307,472) (1,563,086)
(85,623)
(85,623)
(159,940)
373,839
{40,203)
76,905
533,779
117,108
1,395,273
(2,593,238} (1,197,965)
Restricted funds
Missionary Fund
Local Area Fiind
Miscellaneous Fund
1,424,822
1,482,119
1,328,795
(1,174,036)
{797,352)
{413,125)
250,786
684,767
915,670
4,235,736
(2,384,513)
1,851,223
TOTAL FUNDS
5,631,009
(4,977,751)
653,258
Unrestricted Funds are to be used for the general iyork of Chlld Evangelism Fellowship of ll'eland at
home and abroad as folloivs:.
Pro
ital Account
Represei)Is the cost and book value of18nd and buildings
Accumulated Fuiid
Relates lo the ￿ndS used lo fii)ance the contii)uing iunning and
ceiiti'al costs of the Fellowship. If a deficit arises, the Iruslees agi'ee
to transfer the closing deficit froin Unrestricted Funds.
Undesi
nated Fund
This fuiid repr¢s¢nls geiiei'al money donated to the chai'ity for Ilie
work of Child Evangelism Fellowship.
Miscellaneous Fuiid
This fund repi-esenls nioney donated genei'ally to workei's and
projects both in Ireland and overseas foi. Ilie advancement of Child
Evangelisiii Fellowship worldwide.
Restricted Funds are only to be used for the following specific pui'poses:_
Missionai.
Fuiids
This I'epresenls Missioiiaries from Ii'eland wlio sei've God in the
work of Child Evangelism F¢llowsl)ip ii) li'eland and E￿.Ope.
Local Area Fund
These ￿ndS relate to local ai'eas in li'elaiid used to suppoi't the
work cai'ried on amongst cliildren in thes¢ ai'eas.
Mmc
uillcen Fund
This relates to a donation given by the McQuillcen faillily to be used
for the woi'k of Cliild Evaiigelisni Fellowship in Ii'elaiid.
Miscellaiieous Fuiid
Tliese funds I'elate to Inoiiey donated specifically for woi'kei's and
projects both iii Ireland and overseas and foi. the advaiicenient of
Cl)ild Evangelisiii fellowship Woi'ldwide.
Page 35
conliiiiied..

Chlld Evxiigelisni Fi elloivshlp Of li'elaiid
Notes to tlie Flnaiicial Statements - coiitinued
for the yeai. ende(131 March 2023
20.
RELATED PARTY DISCLOSURES
There were no I'elated party transactioiis foi. the year ended 31 Mat'ch 2023.
Page 36