CEF of Ireland
199 Teniplemore Avo
Belfast
BTS 4fR
EVANGELISE
DISCIPLE
ESTABLISH
CEF
Audited Financial Statements
For the year ended 31 March 2024
For
Child Evangelism Fellowship of Ireland
IA Company Limited by Guarantee)
Registered Cornpany Number N1622619 (Northern Ireland)
Registered Charity Number (Northern Ireland) 100984
Registered Charity Number (Republic of Ireland) 20201509
Child Evongelism Fellowship of Ireland is ti Compurtylimited by guorontee reglstered In Northern Ireland (N1622619J at the
CFF Notional Office, 199 Templemore Avenue, Belfust B T5 4FR.' ts Chority, reglstered with the Charity Commissionfor
Northern Irelond (NIC 100984J,' and, with the Choritles Regulutor in the Republic of Ireland (RCN 20201509).
Tele.'028 9073 2263,- Emoil hello
ce
irelond.com" www.ce
irelund.com

Cliild Li vAiigelisin lielloiysliii) Ol. Ii'elfind
stnlemeiil of Iiin4qiieial Aelivilies
foi. tlie yeAI' enilo(131 Mxi'eli 2024
2024
Total
riinds
2023
Total
funds
Unresli'icted
tiinds
Resti'icled
fi)nds
Notes
INCOML AND NDOWMEI NTS fiROM
Donations and legacies
225,118
225,118
247,599
Cliai'itxlTrle activities
Ch¢ll'ilable activities
Resoui'ce Ce1]t￿
178,144
250,281
2,034,361
2,212,505
250,281
2,381,546
77.989
-39,417
37,206
39,417
37.206
33,341
18,635
Inveslinenl ii)con)e
Totnl
730,166
2,034,361
2,764,527
2,859,110
EXPENDITURE ON
Raising fiinds
38 ()1)7
38,997
48,235
Cliai'ilablc Ctivilies
206,298
66,985
65,915
6,374
88,328
168,036
275,704
206,298
66,985
65,915
6,374
88,328
2.572,338
275,704
164,730
63,092
54,377
27,756
83,013
2,118,896
251,388
Selling an(1 Disli'ibulioii
stablishinent
Financial
Depi¢cialion
Chai'itable activities
Resouire Cenli'es
2,404,302
916,637
2,404,302
3,320,939
2,811,487
NEI T INCOMEI l{EI XPEINDITURE)
Tt'ansfci's behvecn fiin(Is
(186,471)
4,264
(369,941)
(4,264)
(556,412)
47,623
19
Net moveineiit in funds
(182,207)
(374,205)
(556.412)
47,623
IILI CONCILIA'I'ION ofi fi UNDS
Total funds bi'olight foi'ivai'd
3,476,082
1,404,612
4,880,694
4.833,071
TO'fAL fiUNDS CAIIRIEI D FIORWARD
3,293,875
1,030,407
4,324,282
4,880,694
The noles foi'in part of tliese fii)ai)cial slaleinenls
Page21

Cliilil Ei vHngelFSlll fielloivsliii) Of li-elAn(l (ReEiStct'od iiiinibei.: N16226191
Balaiice Sliect
31 Mai'ch 2024
2024
Total
fiinds
2023
Total
ft]nd5
UIiiEStricted
fiinds
Resli'icied
fiinds
Noies
IIXCD ASSC<TS
Tangible assets
14
3,348,686
3,348,686
3,398,327
CIIRRLI NT ASSL'I'S
Slo¢ks
Debioi's
Inveslnients
Cash al bank aiid in Iiaiid
15
16
17
24,302
36,448
429,446
)01,620
22,928
61,781
416,499
1,017,036
17,774
27,853
{71,7831
18,674
401,593
673,403
(1,854)
1,093,670
,091,816
1,518,244
CREDITORS
hoiints falliiig due witliin one yeai.
(52,957)
(63,263)
(116,220)
{35,877)
NEIT CURREI NT ASSEITS
(54.811)
1,030,407
975,596
1,482,367
TOTAL ASSETS LESS CURRENT
LIABJLITIE<S
3,293,875
1,030,407
4.324,282
4,880,694
NEI'I. ASSEI TS
3,293,875
1,030,407
4,324,282
4,880,694
FUNDS
UniEslI'icted funds
Resli'icled Aiiids
19
3,293,875
1,030,407
3,476,082
1,404,612
TOTAL fiUNDS
4,324,282
4,880,694
These liiiancial slalenients have beeii PlEpaied in accoi'diince with the PlDViSions appli¢able lo cliai'itable coinpaiiies
subjecl to tlie siiiall con)panies I'eginie.
The fii)an
ial stalenienls iyere appiDved b), the Boalxl of Trustees and authoi'ised fL)I' issiie
and Miel'e sigiied 011 ils belialf b),:
on
Mi. M CoiJiDy - Ti'usl
Miss J Poi'ie Ti'uslee
The Iiotes foi'm i)ai'L of these finaiicial slalcinei)Is
l)ag¢ 22

Cliilil Ei vnngelisin ficlloivsliip Of li'elAiid
Cash Floiy Slnteiiient
foi. Ilic yc#i' ¢n(leil 31 fvlml'tli 2024
2024
2023
Notes
Cisli Iloivs fi'oni 01)ei'Atiiig Ctiv51ies
Cash genei'aled fi'oin opei?tioiis
(386,825)
108,086
Net casl) (Iised iii)Ipi'oviiled by opei'aling aclivili&8
{386,825)
108,086
CAsli floiys fi'oni iiivcstlTig iiclivilics
Pui'cl)ase of tangible filed ¢1ss#Is
lnle1.ebl I'eccived
{38,687)
10,096
(112,804)
4,086
Nel ca511 used in inv¢slii)g aclivities
{28,591)
(108,718)
Cliange in CAsh llTid casli o(IiiivalcTIIs ii)
(415,416)
{632)
Cgsli diid ca.%li equivAleiits at 11)e
begii)IliTig of11)e i'epofft.ting pci'iod
1,fl17,036
1,017,668
CHsli aiid casli eqiiiv¢iltiils al tlie eiid or
Ilie i'epoTr'tiiig pei'io(I
601,620
1,017,036
'riie iioies foiin pai't of these fiiiaiicial slal¥inenis
Page 23

Cliild Ei VAngelism ffelloivsliiEI Of li'el¢1nd
Notes to Ilie Cnsli Floiv St8temeiil
foi. tlie yext. tn(led 31 Mai'cli 2024
REI CONCILIATION ofi NEIT (EXPENDITUREIIINCOTrIE TO NCI'I. CASH fLONV f4ROM
OPL< RATING AcfivITIES
2024
2023
Net {txi)eii(liliii'e)liiicoinL foi. Ilie i'epoi-ting pei'io(l {as i)et' tlie
Slatenieiit of Fiiniiicial Aetivitios)
AdjiislIiieiits fiii..
Depieciation cliai'ges
Loss oli disposal of fixed assets
Iiiteiesl ieLeived
lJni'ecogiiised Igainyioss on inveslnients
{Inci'eic se)Ide¢i'¢a5¥ il) stocks
De¢i'easellinci'¢ase) in del)loi's
Iiicreasel(deci'ease) in LrediloiB
(556,412)
47,623
88,328
83,013
2,390
(4,086)
19,318
763
138,754)
{2,181)
(10,096)
(12,947)
(1,374)
25,333
80,343
Net eRsli {u5ed in}Ipi'oviiled by 01)erat10115
{386,82S)
108,086
ANALI'SIS or c.HANCEI S IN Yi CIT fiUNDS
Al 114f23
Cash floiv
At 3113124
Nel casli
Cash at hank and iii hand
1,017,036
(415,416)
601,620
1,017,036
(415,416)
601,620
Liqiiid i'csoiIi'¢es
Deposils ii)¢luded in casli
Ciii'i'enl &s.%el iiivcslii)enls
416,499
12,947
429,44C)
416,499
12,947
429,446
Tol¥LI
1,433,535
(402,469)
1,031,066
The notes foi'm pai't ufih¥%e fiiianci2¢ I slalcinenls
Page 24

Cliilil li vangclism Felloiv511ii) Of Ii'elAiid
Notes to tlie fiinaJiciAI Slateinents
fol. tlie yeai. enileil 31 MAI'cli 2024
STATUTORY INFORMATION
Child Evangelisin Felloivship of Ii'elaiid is a pi'ivale compaiiy, liinited by guaiai)tee, I'egistcied ii) Noi'ili¥i'n
Ii'elai)d. Tlic comp4iiy's I'egistei'ed numbei. and I'cgislei"ed orrice address cun be found 011 the Compaiiy
Infoi'maliun page.
The preseniation currency of Ihc financi81 slatemcnls is the Pound Sterling (£).
ACCOUNTING POLICIEI S
Stiltement of eoiiipliniiee
Tlie financial siateineiils of Ihe chai'ilable coinpaiiy, kvl)ieh is a piibli¢ benefit entitr)J iindei. fRS 102, 1)ave l)een
piepared iii accordan¢e iviili tlie Chai'ilies SORP IFRS 102) 'Accounling and Repoi'ling by Chai'ities: Sialei))ei)I
of Recoiniiien(led PiaLlice applicable lo cl)arilies pi'ei)ai'ii)g Iheii. accounts in a¢eoi'dance with tSie Finaiicial
Repoi'ling Siaiidai'd appliLable ii) Ihe UIC and Republic of Ii'eland (FRS 102) leffectiiic l Janiiai'y 2015),,
Fiiiancial Repoi'ling Siandaid 102 'Tlie Financial Repoiling Standard applicable in tl)c UK ai)d Republic of
Ii'cland, ai)d tlie Con)pa11ies Act 2006
JIRsis of PrepRI'Atiun
The fiiiaiicial $18lemei)Is have beeli pi'epaird undei. Il)e hisloi'ical ci)%t eonvciilioi), except for inveslmei)ts ivhich
al'e ii)¢luded at Tnai'kel value,
Ci'iticnl 1¢ ccountiiig jiTdgeintiil£ Aiid Iiey s0111'¢es of cstiiiialion iineeTr'laiiily
In the applicalioii of Ihe compai)y's accoLinling poliLies, Ihe dii'cclois aye ieqiiiied to niakc jvdgement8, eslimales
and assun)ptioiis aboul tlie cai'iyii)g aiiioiiiil of ass¢l8 aiid liabilitics that are not readily appai'ei)I fi'om otl)ei'
soiii'ces. The estiiiiates ond ic ssocialed assiimptions al'e based upon lii5toi.ical expei'ience and oihcr fa¢toi% that
al'e considei'ed lo be I'clevanl.
The estimates and iiiidei'lying as.%uinpli0115 ai'c I'¢iii¢wed oil ali oiigoing basis. Revisioll.% to accoiinlii)g csliinales
al'e i'ecogiiised in tl)e period iii ivliich tl)c csliniale is i'evised and i¥hei'e the I'evision effects only Ihat pei'iod, oi.
in th¢ pei'iod of i-tvision an(1 future pei'iods ivheiE Ilic I'¥vision alfecls boili curiEI)I ttiid futtii'e pci'iods.
Ci'itlcll l jiidgeinciits
Tl)e folloiving jiidgeiiicnls lapaii fi'oin those involving e51imales) have had tlie Inost significant e(fecl on
aTnotinls IEcogiiised iii ilic fiiiaiicial slolei))eiilS.
Usefiil Ci coiioiiiic Life of Assets
'I'lie aiiiiiial depiecialion ¢liai'ge foi. tangible fixed assels is s¢iisitive lo clianges in the iisefiil ecoiioinic lives aiid
iesidiial V¢ilu¢s of asscls. 1'5ie usefiil ccoiioinic lives aiid I'¢sidiial values at'e ieasses8ed l)i)Iially. Tliey al'e
on)ended ivhen neces5<11'y lo I'eflecl cuii'enl estimates, based upon lechnological advancenienl, fi]lui'e
inveslnienls, ecoiiomic utilisation and Il)e pliysical eondition of ilie a.8scIs.
Iiiconiing I'esoiii'ees
All iiicoiiie is ii)cliided li) Ilie Sialeinent of fin8neinl Activiliu wl)ei) the Cliai'ity is enliiled lo Ilie ii)conic and
Ihc ai)ioiint can be quai)tified iyiil) I'easoilable (qecuiaLy tiiid Ihci'e is .%iifficieiil cei't<?iiity thi¢ 1 i'eceipl of ihe iiicon)c
is coiisideied pi'obable.
The followiiig specific policies arc applied lo pai'liculai. calcgories of iiicome'.-
Voliiiitai'y incoine incliidiiig donati0118, gifl%, gi'ai)Is ai)d liihe5 that piDvide eoi'e fiiiidii)g oi. are of a genei'al
nalui'c ai'¢ a¢couiiled foi. as tlie)p arc ie¢eived oi. IIILI'e is ¢videiice of eiititleimeiil lo the Eift and ils ainouiil can bc
mellsuiycl willi sufficient i'elilc bility.
Iiivesiinenl income is iiicluded ivhen ieceivable.
Page25
coiitiiiued...

Cliil(l vlliigelisiii fi elloivsliip Of Ii'clAnd
NolLiS lo tlie fijn?i IICll¢ I St¢ileinciits- coiilinued
foi. tlie ycHI' cnde(131 M?I'eli 2024
ACCOUNTENG POI.ICIES- eoiitinue(I
liicoiiiiiiE I'esoui'eos
Tl)e I'ecogiiilioii of income fi'oin legacies is recogni5ed Ivhen receipt is piY)l)able aiid Ihei'e is tlie ability lo
¢Sliimate iviili 5uffi¢iciil accuiacy the ainounl I'eceival)Ic.
Oihei. ii)¢on)e received fi'om tlie sale of publication5 and incoille fi'()m ihe canip cenlres air ii)cliided iii tlie yeai.
in ivhicli il is I'eceivable.
Resoui'co.s cxpeii(leil
Expendiliiie is iecognised 01) ali a¢¢ruals basis 14phcn u liability is incLlI'ied. Exp¢ndiliiiE incliides ai)y VA'I.
vliich caiii)ol be ftilly i'ecovcied aiid is I'epoi'lcd as pai'l ol the expendiliiie 10 I41hi¢h it IElates. Expeiidiiui'e is
ie¢ogni5ed 01)¢¢ Ihei'e is a legal oi. consli'uctive obligatioii lo Jn#k¥ a payinent to a tl)ii'd i)ai'ty, it is pi'obablc that
5eiileinent ivill be Icquiied aiid Il)e aiiiouiit of Il)e obligation can b¢ nic85u1.ed I'eli<1bly.
'YpenditUTe on Lh￿1.11a61e aclivit1¢5 con)pi'ises cosls incurred by il)e Charity in delivei'8iice of ils activities and
sei'vices foi. ils beneficiai'ies.
All c051s ale allocated lo cxpendilure categoi'ie5 ￿fleCtIng Ihe iise of Il)e resoiii'ce. Diyecl costs atti'ibiilable lo a
qingle aciivits, al'e 811ocaled lo Ilial a¢livity'. Shai'ed c051S which coi)ti'ibute lo Inui'¢ than one activity aiid suppoit
cosls wlii¢l) ale not atti'ibulablc lo a %ingle activity al'e appoi'tioned belwecn Iliese a¢livilies on a basis consislenl
will) Ilie use of resoui'ces.
Govei'nance costs iiicludc Ih¢se costs iiicuri'ed ii) the goveiiiance of the Charity and its asscls and al'e pi'imarily
associated with coi)stiliilional and slaluloiy I'equii'cincnls.
Taiigible fixeil as3et5
Taiigibltt fi.xed £issels ait iiiilially iiieasiiird al cost, except foi. fi'eehold pi'apeity ivhich l)a.8 been valued at Ihe
open Iiiaykel valuc al Il)c dale of incoi'poi'alion (Maycl) 20181 They al'e subsequei)tly nieasuied É)1 Lost oi.
valiiation, iiel of depi'eciation ¢ind inipaiiineiit losses. Histoi'ical cost includes expeiidilui'e Ilial dii'ecily
Iti'ibut8ble lo bi'iiiging thc asscl lo Ihe locatioii tsnd condilioi) i)ecessai'y foi. it lo be capable of opei%linE in Ilie
i)iaiinei' iiitei)ded by maiiagemei)t.
DBpi'e¢ialion is piY)vidcd al Ihe folloiving annu¢il lyles in oi'dei. to Ivi'llc off Ilie cost less e5limaled residiial value
ofeach a55el ovei. its estiiiialed iisefiil life.
Freehold piDpeity
1.5Vo on cosl
Plaiit and 11)acliiiieiy 20 /D 011 Cost
FiAtuits and fittings
150/ts on I'ediicing balance
Con)pulei' eqiiipineiil 200/0 011 cost
Al #£ich balaiice slieel, Ilie cai'iying anioui)t5 Ot tangible a.%%el8 ale IEvicived lo delei'ii)11)e ivhether thei'e is an
ii)diealion that Ilios¢ assets have suffeitd ali iinpaii'inei)I loss. Wheie Ilie cali J'iiig V1( lue exceeds Ilie esliinaled
I'ecovei'able aii)ouiil (b¥ing Ilie gieatei. of fail. Vciliie less costs lo sell and value-iii-u5cI, an iinpaii'nient Ios5 15
I'ecognised by i¥i'iliiig doivn the <1ssets cash-genei'aling iinils to Ilieii. ie¢ovei'able aiiiount. An iinpairn)eiil loss is
IEco£I)ised iiniiiedialely iii Il)e slaleinenl of fiiiuncii£ l ic clivities. Aiiy i-cvei'sal ol a PlEViOUS in)paii'menl is
siiiiilai'ly Iccogiiised iininedialcly in Ilie slalcmcnt of financial aclivilies.
Slocl(s
Stocks 81'e valiied al the loivei. of cost and nel IEalisablc value, 8flei' Inakiiig duc allowance foi. obsolete and sloiv
i)ioving ilenis.
Eleii)en15 of cost include Ilie pui'chasc priLe of the pi'oduct ai)d fiEighi ¢haiges. Stock is valued on a fii'st in, first
out basis,
Nel I'ealisable valiie coinpi'ises Ihe actual oi. e51iinaled selling pi'iLe less all fui'iliei. cosls incuri'ed iii Inai'keling,
Page 26
Lonliniied,,.

Cliild Cf vAngclisIii fielloivsliii) Ol. Ii'elAn(I
Note5 tts t5ie fiiiiRiitinl StxlcmeTlts- coiitiiiiieil
foi. the yeRI' ende(131 MAI'clI 2024
ACCOUNTING POI.ICIES- coIilinued
I'AXHtion
As a chai'ity (Cliai'ity Nui))bei' NIC100984), Child Evaiigelisin Felloiysliii) of IIEland is exempi finn)
eoi'poi?lion lax oli ils income and £ains falling wiihiii seclioii 505 of the Taxes Act 1988 os.q256 of the Taxc lion
of Cl)ai'geable G¢iiliS Acl 1992 10 the eKtei)t that these al'e ¢lPI)lied to ils eh81'11able objec15. No lax chai'ges have
ai'isen in the yeai..
iunil aecoiiiiliiig
uiiirs11.i¢led fiiiid.% can be ii.%ed iii accoiylaiice with tl)e chol'itable objeclivcs al Ilie di5cI'elion of Ilie Ii'uslees.
Resli'icled fiinds can oiily be iised foi, parliculai. I'esli'icted piii'pose5 lylthin Ihe objecls of the chai'ily.
Resli'iclioiis ai'ise when specified by the doiioi. or ivheii fiinds ui'¢ I'aised foi. paiticiilai. resli'icted PLlI'poses.
'uillicr explanil tion of the nalui'e and purpose of eacl) fvnd is ii)cliided in the Iioles lo ihe financial slateineiils.
Cfish An(1 c?sh equivaleiit5
Cash al baiik aiid li) hand con)pi'ises cash ai b#nk only,
i oi'eigii ciii'reiicios
Assets aiid liabilities iii foi'eign CLlI'I'eii¢ies aiE tian%18ted ii)to stei'ling at the i'ales of excliaiige I'iiling al Ilie
balance shecl dale. Ti'aiisaclions in foi'eigii ciii'rencics al'e ti'anslaled into sterliiig dl the iale of ¢x¢l)aiige I'uling
al Ilie date of ti'ansu¢lion. Exchange diffei'eiices al'e 1c1 keli inlo account in ai'i'iving at Ilic opei'aling Icsuli.
Pen5ioii eosls and otliei. post-i'ctii'enierit bL¥nefils
Tl)e cliai'itable coi))paiiy operates a dcfiiied conli'ibulion pension scheme. Coi)Ii'ibulioiis payable to Ili¢
Charitable coinpany's pensioii scheme al'e charged lo Il)e Sllc lenient of Fii)anLial ALliviiies in the period to ivhi¢h
they I'elale,
Inveslments
Inveslinei)Is lield as curi'ti)l assc15 air ievalLied aniiiii211y lo Itflect open mai'ket iialiic. Tl)e Statcinenl ur
Finaiicial Aciivilies includes the nel gains urid losses ai.i5illE 01) I'evaluations tliroiighoiit the yeai..
iinAiiciAI iiisli'uinenls
The uuinpaiiy lias el¢cled to ai)ply the piY)visions of seelinn I I 'Basic Financi¢il Insli'uinenls, and 5eclion 12
'Olhci' Financial Iiisli'llii)eiii Issues, of FRS 102 10 all of its fiiiancial ii)sltumeiitS.
Fiiiancial insli'iimenls ale I'ecognised in the ¢oinpil1)y's balance sl)eel when the coinpany becoittes paity lo lh¢
conli'aclii81 PlDViSiOliS of the insli'umeiil.
Fiiiftncinl issels.
Basic finaneial assets, ii)cludii)g ti'ade ai)(l oil)ei' debioi's and cash ai)d baiik balances al'e iiiiliallji I'ecogiii5ed
Ii'ai)saction pi'ice, Iinless Ihe ai'iYi)geiiiei)I coii.stitiiles a fii)ancing 112nsaclioi), Ivhei'e tlie Iiansaclion is Ine11 siii'cd
al Il)e pi'esent valu¢ ur riitlllE ieceipls discoui)led at a mai'kel rale ol- intei'esl. Such assets al'e siibseqiiently
cai'i'ied al amoitised cost u8111g thc ctTcclive iiilerc511))eihod.
Dei'ivalives, ii)cliidii)g foi'ivard excliange coiili'acls, at'e i)ol basic fiiiaiicial ii)sli'uineiils. Dei'ivalives ale inilially
I'ecogi)ised Ilt fair Vic liie oli Il)e ddle 1¢ dci'jiicilive coiili'acl is enleied iiito aiid air siibseqiiently ie-measuied ¢21
Ilieii. fail. valiie. Cliaiiges in tl)¢ fail. vaSuc of dei'jiiatives lire I'ecognised iii I1)e pi'ofil aiid loss iii fii)ai)ce costs oi.
finai)ce incoine as ai)pi'opi'iale.
Inipaii'iiient of fiiiftiici¥il Assols
FiiianLial assets, oihei. tliat) those licld ai fail. valiic Ihi'oiigh profil and loss, are assessed foi. iii)paii'inei)t at each
IEPOI'lii)g date.
Page 27
conlii)Iied...

Cliilil Ei vxrlgeli5l￿ fielloivsliip Of Ii'e11¢ lid
Notes to tlie FiiiaiiciRI SIHtcrtieiit.%- ei)ntinucd
foi, Ilie ye81. ende(131 M¢l1'clI 202LI
ACCOUNTINC POLICIL4S- eoiitiTiucd
Finaii¢ial assets al-e iinpaiiEd ii'l)eii tl)ei'e is objective evideiice Ihal, as a IE5uII of one or evenls Ilial
occui'itd aftei. Ilie iniiial re¢ognilioi) of Ihe financial asset, Ihe esliinated fiitui'e casli floivs l)ave been affecled. If
an asset is ii)11)aiied, tli¥ iinpaii'meiit loss Is the diffci'eiTrcc bclweeii the cai'i'ying aniouiil and Il)e piesent value of
the esliiiiated ca.%li flows discounlcd al Ihe asset's oi'igiiial effective interest I'ale. n)e imp8irmeiit loss is
iecognised iii pi'ofii oi. loss.
If IheiE is a deei'ease in Ihe ill1￿1￿71e￿( loss arising fiDm an event occiiyino aftei. the inip<lil'inent wa5 recognised,
the impairinent is ievei'sed. Tlle I'evei'sal is sii¢h Iliat Il)e cui'ienl caiiying xii)oiiiil docs iiol exceed ivhai Ihe
Cai'iying aiiiouiil ivould l)aiie been, had tlie impai1￿)elil not pi'eviously been I'ecognised. The impaii'ineiit Yevei'sal
15 IE¢ognised in pi'ufil oi'10sS.
Dei'ecogiiilioii of finqncial nsscts
rinancial asscls i2l'e deiEcognised only whei) Ihe conti'aclual I'ighis to cash flows fron) the 8ssel expire or are
settled, oi. Ivhen the ¢oiiipaiiy 11811sfei's tl)e finai1¢ial asset and substantially Jll Ilie I'isks aiid i'eiipai'ds of
oiyiiei'ship lo ai)otli¢i' enlily, oi. if stsiiie of the I'isks ￿nd IEivai'ds of owneiship al'e ielaiiied bul eoi)lYol of Ihe
asset has Ii'ai)sfci'rcd io aiioiliei. pai'ty thai is oble lo sell the asset iii ils ei)tiiety lo an Iini'elaied Ihii'd pai'ly.
Basi¢ financial liabilities, including Ii'ade and othei. ciedi10i's and baiik loans aiid ovei'di•fts, al'e initially
I'ecogiii5ed al ti'ansaclioii pi'ice, iinless the ai'i'angcinent coii.8titutes a financing Ii'ansaclioii, wheiE the Iiansaction
is measuied al Ihe pi'e58nl valiie of thiuie I'eceffipls discoui)ted at a n)ai'ket izte of inlei'tt5l. Such assels are
siibsequenily cai'iied 1¢ t amoilised cost Using the effective iiilciest metliod.
Debi insli'un)enls al'e subseqiieiitly cai'i'ied al amorlised cosl, Iising Ihc effective iiilcirsl Inte Ineiliod.
Trade ci'edilOI'S are obligations to pay foi. goods oi. seivices Ihat have bccn acquired in the oi'diiiary coui'se of
biisiness fi'oin 5upplieis. Aiiioiii)Is payable ale classified as cui'ient licibilitics if Pil ymci)l is due wiil)in one yeai.
oi. less. If iiot, Ihey al'e pi'esenled as i)oii-¢iii'ient liabilities. Tiade ci'edilors air ii)ilially rccognised at Iiansa¢lion
pi'l¢¢ and subsequ¢nily Ineasui'cd al amoi'tis¢d cost iising the e(l¢clive iiiteiest Ineihod.
Dei'eeognition of fiiiAiiciHI liiibilities
Finaiicial liabilities al'e deiEcognised ivlien the conJpany's conli'aclual obligations expii'c oi. al'e dIscha￿ed oi.
caiicclled.
Coiiig Concei'rj
At ilie lime of appiDving Ilie finlli)cial slaleinenls the Ii'iislees liave a I'easoiiable e%peclalioii that the chai'it>' has
adeqiiale iesources lo coiitinue li) opeialioiial exislencc foi. the foieseeable fiiliii'e. Tliiis Il)e li'uslees conliiiue lo
adopt the goiiig ctsncem basis of accoiinliiig in pi'epai'ing the finftn¢ial stateinenls.
Pi'ioi. pei'io(l Ainoiiiils
In pi'eiiioiis yeai's, salai'y payinei)ts iveie shoivii as paymeiils fiDlii Ihe ¢i¢ciimiilalcd fiiiid aiid Iliei'cfore liaiisfei's
Ivei-# 11)dde fi'oni iesli'icled fiiiids lo Il)e acciiinulated fui)d loi. tlie saine ai))Diiiit. Fi'(111) 2023-24, 58lai.ies
payi))ci)Is l)clve iiislead been included ii) Ihe iesti-icted fiinds they I'el¢ile 10, 2ciid Iheirfoi'e iio tiai)sfei3 dre
IEqiiiILd fi'()In I'esli'i¢ted fuiids lo Ilie accuniiilaled lund. Adjusliiiei)Is l)ave heeii Inade to the prioi. yeai. aiiiounls
roi. tl)c i¢l¢vanl SOFA aiid fuiid a¢¢oui)t figLlI'es, lo ensui'e coinpLirabilit)'. Tli¢ pi'ioi. )ieic I. SOFA Nel liicoiiie of
£47,623 IS UT)dlTected.
Page 28

Cliilil Li VilTigelism Fi clloiv8liip or It'elllnil
Notes lo the fijii¢iiicial SlatenicT)ts toiitinued
foi. tlie yeRI' eiideil 31 Tr1ii'eli 2024
DONATION'S AND LEGACIES
2024
Total
funds
2023
Total
Uni'esli'icled
Re511'iGted
Doiialions aiid legacie5
Tithes
90,998
134,120
90,998
134,120
122,828
124,771
225,118
225,118
247,599
OTHER TRADING ACTIVITIES
2024
Total
funds
2023
Total
funds
Uni'esli'icied
fuiids
Resli'ieled
Shop iiicome
39,417
39,417
33,341
INVESTMENT INCOME
2024
Total
fiinds
2023
Tolal
funds
UI)IEslI'icled
runds
Restricted
funds
Rents Irceived
Unieali5ed gail) ot) inveslii)eiils
Deposit accoLint intei'e51
14,163
12,947
10,096
14,163
12,947
10,096
14,549
4,086
37,206
37,206
18,635
INCOME fiROIM CHARII'ADLC ACTIV11'1fiS
2024
2023
Activity
Charitable aclivities
Resouire CenliES
Inconiing I'esoiiices
Camp cenli'L inLume
2,212,505
250,281
2,381,546
177,989
2,462,786
2,559,535
Page 29

Cliild C4 vxiigelisii) fielloivsliii) Of li'elAiid
Notes to the fiin?i Eieiil StAleineiits- coiitiijiied
foi. Ilie yeHI' LK[iil¢d 31 Mai'cli 2024
RAISINC FUNDS
Otlicp. ti'#iling.Iclivities
2024
Toial
2023
Tolal
fuiid5
Uiii'esli'icled
Resli'icled
funds
Opening stock
Piii'chases
Closiiig siock
Siaff cosls
22,928
26,355
(24,302)
14,016
22,928
26,355
(24,302)
14,016
23,691
36,769
(22,928)
10,703
38,997
38,997
48,235
CIIARITABLfi
ACTIVITICI S C()s'rs
Suppoit
¢osls (see
note 9)
Dii'ect
Costs
Tolals
Admiiiisli?tion
Selling and Dis11'ibiition
Eslablisl)meiit
Financial
DepiEcialion
Cl)ai'it&ble activities
Resoui'ce Ceiiti'cs
206,298
66,985
65,915
206,298
66,985
65,915
6,374
88,328
2,572,338
275,704
6,374
88,328
2,552,229
268,882
20,109
6,822
3,248,637
33,305
3,281,942
SUPPORT COSTS
Govei'iiance
¢osls
Fii)aiice
Tolals
6,374
6,374
20,109
6,822
Chcll'ilable aclivilies
Resoui'¢e Cenlies
20,109
6,822
13,196
20,109
33,305
10.
NEIT INCOMCI{II XPEI NDITURCI)
Net iiicoii)ellexpeiidiiui'e) is slaled aftei. chai'gingl(creditii)g)'.
2024
2023
Aiiditoi's, I'einiiiiei?tion
D¢pi'eeiatioii owi)ed assets
Deficit on disposal of fixed assets
11,760
88,328
11,400
113,1113
2,390
Page 30

ClTrÈl(l vAngeli5111 fielloivsliiii Ol. li'ellliid
Notes lo the FiiiAneial Statemeiits- continucil
foi- the ye.g1' cii(le(131 Mai'cli 202
TRUSTEEI S, RII MUNEIRATION AND BENEI FITS
Theie iveie no Ii'ustees, Iriniiiiei'alion 01- other benefits foi. Ilie year ei)ded 31 Mai'ch 2024 noi. foi. Ihe yeai. ended
31 Mai¢li 2023.
Ti'iistee5' exi)enses
There wei'e no trustees, expeiises paid loi. the yeai. ended 31 Mairh 2024 1101. foi. the year ended J l Mairli 2023.
12.
STAfi r COSTS
2024
2023
WaEes and salaries
8acial secui'ity costs
Othei. pei)sion cosls
868,783
56,888
43,785
777,509
59,713
41,069
969,456
878,291
The avei'age Inoiiihly IlLimbei' vf employees duriiig the yeai. was as follows..
2024
12
2023
10
Head office
Resoui'ce Ceiilies
Sliop
Ficld Workers
28
29
46
45
No employees received cmoluments in excess of £60.000.
13.
COMPARATIVES FI OR THE STATEI Mli NT or rINANCIAL ACTIVITILI S
Uni'esli'icled
Iiinds
Resli'icied
funds
Tolal
INCOMI AND ENDOWMENTS f<ROM
Doiiatioiis and legacies
247,601
{2)
247,599
CIIAI'iIAble Activilies
Chai'ildble activilieg
Rc50uI'ce Cenlres
329,041
177,989
2,052,505
2,381,546
177,989
Othei. Ii'ading aclivilies
33,341
18,635
33,341
18,635
TotHI
806,607
2.052,503
2,859,110
I XPCNDITURE ON
Raisiiig funds
48,235
48,235
Clini'itable activities
Adminisli?lion
Selling and Dis11'ibiilion
Establishmeiil
FinFJncilll
164,730
63,092
54,377
27,756
164,730
63,092
54,377
27,756
Page31
Loi)linued...

Cliild E4 vaiige15511) fielloivsl)ip Of li'clqiid
Notes to Ilic Fi iliA TIClI?I StatenieiiÉs- eonlitiue(I
foi. Ilic yeiii. ciideil 31 MRI'cli 2024
13.
COMPARATIVliS foR THE STATEMENT or rJNANCIAL ACTIVITIES- continiied
UJ)iesli'iLled
R¢slriLled
ruiids
nds
Total
ftjiids
Depitciation
Chai'itablc activities
Resoiii'ce Ceiitirs
83,013
243,963
251,388
83,013
2,118,896
251,388
1,874,933
Total
936,554
1,874,933
2,811,487
NEI T INCOhqLI1ifi XPENDI'I"UIIL}
Transfei's behveen funds
(129,947)
37,207
177,570
(37,207)
47,623
Net iiiovenieTIt iii fuiids
(92.740)
140,363
47,623
RECONCILIATION or FIUNDS
Total funds biDught foi'wuiKI
3,568,822
1,264,249
4,833,071
TOTAL fiUNDS CARRIEI D FIORWARD
3,476,082
1,404,612
4,880,694
14.
TANGIBLE FIJXEI D ASSETS
FixluiES
and
rittinES
rreehold
pi'opeity
Computer
equipmenl
Totals
COST
Al l Api-il 2023
Addilions
3.413,511
173,911
19,531
96,266
19,156
3,683,688
38,687
Al 31 Mai'ch 2024
3,413,511
193,442
115,422
3,722,375
DEI PRECIATION
Ai i Api'il 2023
Chaige foi. yeai.
154,622
51,203
84,614
16,684
46,125
20.441
285,361
88,328
At 31 Mat'ch 2024
205,825
101,298
66,566
373,689
NIIT BOOICVALUC
Ai 31 M81'cI) 2024
3,207,686
92,144
48,856
3,348,C)86
At 31 Mai'ch 2023
3,258,889
89,297
50,141
3,398,327
-I'lie Ii'uslees coiisidei. Ihal the Nel Book Valiic is Irasonable in I'elalion lo cuirenl values.
Included in freel)old piDpei'ly is the Seaviciv c.ainp Ceiiti'e Spoi'15 Hall 81 an esliiiiatcd Nel Book Value of
£90,000. The spoi'15 liall is silualed Llobe ti) adjoiiiing laiid kvliich Icqiiires I'einedial ivoi.k5 to pi'eveiit fuiiliei.
land slii)page. 'fiie cts.81.8 of I'ciiicdial woi'ks iiicluded iii the opei'atiiig cosls foi. the yeai. to J l Mai-cl) 2024 ond
whicli liad be¢ii accn]ed at thc y¢ar end was £62,000.
Page 32

Chilil Ei v#ngcli5Jn F¥lloiYsliii) Of li'elaiid
Notes to tlit f<iiiAiiiiril StalEinciils- coiiliiiued
foi. tl)e yeRI' en(le(131 Mi1'clI 2024
Is.
STOCI<S
2024
2023
Stocks
24,302
22,928
The Irplacemenl vulue of stock did iiol diffci. Inatei'iall), fi'oin ils histoi'ical ¢ost.
DEI BTORS; AMOUNTS fiALLINC DUE WITHIN ONE YEAR
16.
2024
2023
Tiade dEbtoi's
Income tax recoverable
VAT
3,660
18,674
24,723
34,416
2,162
480
l)IEpa)Imenls
14,114
36,448
61,781
17.
C'URREI NT ASSET INVESTME( NTS
2024
2023
Oihei. invesiments
429,446
416,499
18,
CREDITORS.. AMOUNTS fALLING DUL WITHIN ONE YEI All
2024
2023
Trade creditors
Social secui'ity and other taxes
Accrued e.Ypenscs
12,856
14,026
89,338
6,533
12,623
16,721
116,220
35,877
19.
iVIOVlI MEI NT IN f4UNDS
Nel
Inovenieiil
in funds
Ti'aiisfeis
betivecn
funds
At
3113124
At 114123
Ujii'csti'ietcd fiiiiils
Aceiiinulaled fund
PIDpeity Capital Fiiiid
Missionai'y Flind
Miscellaneous Fund
(175,832)
151,203)
69,441
(28,877)
175,832
3,258,889
153,847
63,346
3,207,686
58,336
27,853
(164,952)
(6,616)
3,476,082
(186,471)
4,264
3,293,875
Rosti'iele(I fiiiids
Misgioiiai'y Fui
Local AIEa fiiiid
Mis¢ellaiieous Flind
342,843
440,405
C)21,364
147,761 }
(25,093)
(297,087)
(21,581)
20,626
(3,309)
273,501
t135,938
320,968
1,404,C)12
{369,9411
{4,264)
1,030,407
TOTAL fiUNDS
4,880,694
(556,412)
4,324,282
Page 33
conliiiued...

Cliil(l vaiigelisln f4 clloiysliip Of li'elfiii(I
Notes to the fi in2iieial Stntcmcnls- eoiiliiiiie(I
roi. tlie yeAI' eniled 31 Mai'cli 2024
19.
MOVII MLINT IN fiUNDS- coiitinueil
Nct Inovement in fiinds, included ii) the above 81'e as folluws:
Iiicoining
IESOUI'¢es
Resoiiires
expended
Movement
in fiinds
Uiii'esti'icle(I fiin(Is
Accumulated fui)d
Pi'opei'ty Capital Fund
Missionaiy Fund
Miscellaneous Fiind
552,022
{727,854)
(51,203)
(51,953)
(85,627)
1175,832)
(51,203)
69,441
{28,877)
121,394
56,750
730,166
(916,637)
(186,471)
Reslt'ieted funds
Missionai'y Fui)d
Local Area Fund
Misccllai)eous Fiind
685,105
855,275
493,981
{732,866)
1880,368)
(791,068)
{47,761)
(25,093)
(297,087)
2,034,36
(2,404,302)
1369,941)
TOTAL fuNDS
2,764,527
(3,320,939)
(556,412)
Coinpxi'Atives foi. movcineT]t iii fiiiiils
Nel
Inovcinent
in funds
Ti'ansfeis
bettveen
funds
Ai 114122
3113123
Uni'eslrictcd funds
Accuinulaled fui)d
Pirpei'ty Capital f1111d
Missionai'y Fiind
Miscellaneoiis Fiind
51,668
3,265,42C)
237,964
13,764
(200,499)
(51,203)
72,173
49,582
148,831
44,666
11 $6,290)
3,258,889
153,847
63,346
3,568,822
(129,947)
37,207
3,476,082
Resti'icleil fun(15
Missioiiai'y Fuiid
Local Ai'ea fund
M McQuilkeii filiiid
Miscellaneous fund
296,155
438,742
260,000
269,352
29,469
(70,924)
17,219
72,587
(260,000)
132,987
342,843
440,405
219,025
621,364
1,264,249
177,570
(.37,207)
1,404,612
TO'fAL FUNDS
4,833,071
47,623
4,880,694
Page 34
Coiiliniied..

Cliil(l Ei vllijgelisiii Fielloivsliip Of lTr'claii(I
Notes to the fiin¢?neinl Statemeiit8- coiilinued
foi. tlie yeai, eniled 31 M¢ll'eli 2024
19.
MOVEI MEN'f IN fiUNDS- coiitinued
Conipai'ative Iicl moiien)ent li) fvnds, included in Ihe above al'e J5 follows..
Incoilling
IE8OUI'ces
Re50111res
expei)ded
Moveinenl
in fvnds
ljiii'esti'icteil fuiids
Aeciimulated fund
Pi'opei'ty Capilul Fuiid
Missionai'y Fund
Miscellaiieous Fiii)d
477,567
{678,066)
151,20J)
(146,310)
(60,975)
(200,4991
(51,203)
72,573
49,582
218,483
110,557
806,607
(936,554)
(129,947)
Resti'icted fiinils
Missionai'y Fuiid
l.ocal Ai'ea Fund
Miscellaneoiig Fund
791,925
759,700
500,878
(762,456)
(830,624}
(281,853)
29,469
(70,924)
219,025
2,052,503
(1,874,933)
177,570
TOTAL FUNDS
2,859,110
{2,811,487)
47,623
ciii'i'enl year 12 months ai)d pi'ioi- yeai. 12 nionihs coii)bii)ed position 15 85 follows..
el
moveillenl
Ti'8nsfe13
belmieeii
funds
At
3113tt4
Al 114122
Uiii'esti'ieted fiiiids
A¢¢uinulaled fuiid
PIDpei'i)' Capital I".iind
I issionai'y Fund
Misccllaiieoiis fiind
51,668
3,265,426
237,964
13,76LI
(376,331)
{102,406)
141,614
20,705
324,663
44,666
(321,242)
(6,616)
3,207,686
58,336
27,853
3,568.822
{316,418)
41,471
3,293,875
Resli'ieteil flin(15
Missionai'y Fui)d
Local Aiea l-.und
M McQuilken Fund
Miscellaiieoiis Flind
296,155
438,742
260,000
269,352
(18,292)
(96,017)
(4,362)
93,213
(260,000)
129,678
273,501
35,938
(78,062)
320,968
1,264,249
(192,371)
(41,471)
1,030,407
TOTAL fiUNDS
4,833,071
{508,789)
4,324,282
Pa8e 35

Clk51d Ei vaiigelism f<ellD)vsliip Of Ii'cland
Notes to 11)e fiinaneial SIAteniei)t5- Colltinued
foi. tho yeai, en(leil 31 Mai'eli 2024
19.
MOVEI MEI NT IN fi UNDS- coiilii)Iied
A ciiiieni yeai. 12 mollihs and pi'ioi. )'eai' 12 months coinbined nei Inovcmeni in funds, included in the ahDve al'e
as folloivs..
Incon)ing
resouires
Resoiiices
expei)ded
Movei)i¢nt
Uni'esti-ietc(I fiilld5
Acciiiiiiilaled fiiiid
Pi"opei'ty Capital Fuiid
Missioi)ai'y flind
Miscellai)eous Fiind
1,029,589
(1,405,920)
(102,406}
(198,263)
(146,602)
1376,331)
1102,406)
141,614
20,705
339,877
167,307
1,536,773
(1,853,191)
{316,418)
Rtysli'ieteil fujids
Mission1( I'y Fund
Local A Yea Fiind
Miseellaiicous Fund
1,477,030
1,614,975
994,859
(1,495,322)
(1,710,992)
(1,072,921)
(18,292)
{96,017)
(78,062)
4,086,864
14,279,235)
(192,371)
TOTAL fiUNDS
5,623,637
(6,132,426)
1508,789)
Uni'tsli'ieled Fiinds arc lo l)e used foi. tlie geiiei'AI Ivoi'li of Chilil EIYAiigelisiii f<ello%vsliip of IJ'elAn(l at
IIDnie ¢1nd qbi'oad lis folloiys:_
Pt'o
)ei't Ci
IIAI Account
Rcpiesenls the cosl and book valiie ol-land and buildiiigs
Aceumiilated fiiin(I
Relates lo Ilie ftinds iised lo finaiice tlie coiitinuing riinning aiid
cei)Ii'al costs of the l.'elloiv.ship. If a deficit arises, tlie Ii'ustees
agiee to Ii'ansfci. Ilie closing deficit from Uiii'estricled Fiinds.
Uiidesi
nAle
riuiid
Tlii5 fund I'epi'esei)ts general Inoiiey doiialed lo tlie cliai'ity foi. Ilie
woi'k of Child Evangelisiii Fellowsliip.
Miscellaneoiis fiuj)
This fund I'epresenls money doiiited gei)ei?Ily lo woi'kei'.s and
pi'ojects both iii IIEland and ovei'seas foi. the advancemei)t of Cliild
Evangelism Felloiirship ivoi'ldwide.
RestI'icted fiiii}I1$ 21'e oiily to be u.$eil foi. tlie follo)viiig speeifie piii'poses'.-
MissioIiM
iuiiils
This I'epi'esenls Mi.*8ionai'ies fix)In IiYl8nd ivho serve Gud in Ihe
Ivoi'k olchild Evangclisin Fellowsliip ii) Ii'eland and FiiiY)i)e.
Loc￿]
'ea r ii(I
Tlie9e fiiiids I'elate lo local ai'eas in Ii'elaiid iised ID sui)poit ihe
Ivoi'k cari'icd on aniongsl cliildi'en in tl)ese areas.
mi5cellineoiis Fun(1
Thesc funds relate to Inoncy donated specifically foi. woi'k#i's and
piY)jects both in Ii'eland aiid ovei-seas ai)d foi. Il)e advanceiiienl of
Cliild Evangeli.%ni F•ellowship Woi'ldkiiide.
Pdge 36

Cl)jlLI Ei vaT]gtlisni fielloivsliii) Of Ii'elaiid
Notes to tlie Iiiiiancial Statemtnts- contiiiue
roi. Ilie yec11- ¢nded 31 Tr1ai'cli 2024
20.
IiELATE4 D PARTII DISCJ.OSUREI S
"rhcjr ivei'e no IElaled pai'ty ti?nsaciion5 foi. the yeai. ended 31 Mui'tyh 2024.
Page 37