Charfty Registratlon No.101398 Company Reglstratlon No. N1626366 (Norlhern Ireland) AMI IRELAND ANNUAL REPORT & UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
AMI IRELAND CONTENTS Pago Charlty reference and administrative delails Dlrectors, reporl Independant examlnerfs report Statement of financial activilJes Balance sheet Noles to the aOuntS 7-11 The followlng pageg do not fonn part of the Statutory flnanctal 8tst8monts Detailed income and expendllure account 12-13
AMI IRELAND CHARITY REFERENCE AND ADMINISTRATIVE DEfAILS Dlr8Gtorn Andrew Montgomery Hilary Montgomery Colln Woodward Charlty number 101398 Company number Nl826388 Prlnclpal address 19 The Calm Upper Station Road Greenisland Co Antrlm BT38 8ZT R•glst•red offic• 19 The Calm Upper Stallon Road Greenlsland Co Antrim BT38 8ZT Ind•pend•nt accountant Johnston Kennedy DFK 10 Pllot5 Vlew Heron Road Belfast BT3 9LE
AMI IRELAND DIRECTORS, REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 Th8 dlr8Ctors present their report and accounts for tha year ended 31 December 2021. Objecilves and actlville• The Charlty Is establtsh8d lor the advanc8ment of the Christian religlon In Northern Ireland and throughout the world. The objectives are lo; preach the G05pel, encourage Christian Ilving and Ihe moral and ethical standards inherent therein, promote and support mlsslonary 8nd8avours and conlribute to the splritual and ffloral education of Chrfstlans. The dlreclors have pald due regard to guidance issued by the Charity Comffllssk)n In deddlng what activities the company should undertake. Achlev•monts and performance The charity ha5 contlnued to operate with slgnfficant pandemic restrictions Ihroughout Ihe firsl half ot the year wilh Desllnation Church Belfast limited to onllne expresslons for Its communlty ol faith. Gatherfng agaln on Sunday momlngs recornm8nc8d from Jun8 and continues to rebuild face to face relatlonshlps and communiiy Ilfe. The tralnlng and educatlon divislon of the charity remains domiant. After many months, the final details of a lea3e agreemenl for the chaty,5 own facllltles edges closer. bul have not been finallsed by year end. Flnanclal revlew The tralnlng and educatlon divlslon of thé charity generaled a net surplus of £1,379 duflng the year. De$iination Churth Bella5t generaled a nel Surplus of £28,858 durfng Ihe year. Unrestdct•d re5arv•s at Ihe year end arnounled to £220,801. The company's reserve poll 1$ lo accumulate suffident unreslrlcted reservas to provide resources to launch en employed minlsty team. structUrn• gov•rn•nc• and managem•nt The charlty Is a company Ilmited by guaranlee without share pItal and18 governed In accordance with ils Memorandum and Articles ofAssoclatlon. Th• charity is re9islered wlth the Charlty Commlsslon for Northem Ireland. The directors vtho served durlng the year and up to the date of signature of the financlal ststements were: Andrew Montgomery Hilary Monlgomery Colln Woodward The first dlrectors were appolnted ty the leaders of Acts Mlnlstry Intemalional. The directors recelved induction tralnlng and menlorlng from Acts Ministries Inlemational. Their vislon was to establlsh a minislry in Northern Ireland. None of the dlreclors has any b•n•ficlal Snterest in the assets of the company. All of the director5 are member5 of the company and guarantee to contribute £1 In Ihe evenl of a wlndlng up. The directors oversee the day to day operatlons ofthe company and the board meels f¢)mially on a quarterly basls to revlew operatlons and develop the strategic direction of Ihe company. No emoluments were paid to director5 during Ihe year.
AMI IRELAND DIRECTORS, REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 ststem&nt of dlrnctorn respon8lbllftlo8 The directors, who also acl as trustees for Ihe charitable actfvitle8 of AMI Ireland Ltd. are responsible for prep8ring tha Difeclors Report and th8 accounts In accordance with applicable law and Unlled Klngdom Accountlng Standards (United Kingdom Generalw Accepted Accounllng Practlce). Company Law requlres the dir8CtOfS lo pr8pare accounts for each financial year whSch glve a true and fair view of the slate of affalrs of Ihe company and of the Incoming resources ond appllcatlon of resources. incbjdlng ihe Income and expendhuro. of the charilable company for that year. In prepatlng Ihesa acunts, the directors are fequired lo: 5eleGt suitable accounllng pollcle8 and Ihen apply them consistenlly,. - observe the methods and pr1nclaS In the Charltlas SORP,, make Judgemenls and estlmales that afe reasonable and prudent: slate Wheth applScable UK Accounting Standards have been followed, subject lo any material departures disclosed and explalned in th8 ac(x>unts: and prepare the accounts ¢n the golng concem ba818 unle38 It Is Inapproprtate to presume that the Gompany wlll ontlnue In opewatS0n. The dlrectors are re8pc9lb1e for keeplng adequal? accountlng records Ihat disclose with reasonable accuracy at any tlme the financlal po8lllon of the company and enable them to ensure that the accounis comply with Ihe Companles Acl 20(. They are also responsible for safaguardlng the assels of th• company and hence for taklng reasonable steps for the preventlon and delectlon of fraud and other irregularitlgs. Pollllcal and charltable donatlonl Durlng the year the Company did not make any pollllcal or chartsble donallons. Sp•clal provhlons relallng to •mall companl Thos report has been prepared in aGrdance wilh the speclal provlslons of Part 15 of the Companles Acl 2008 relatlng to small companles. The dlrectors report was appfov8d by the Board of Dlrectors. rew Montgomé Dlrector
AMI IRELAND INDEPENDENT EXAMINER'S REPORT TO THE DIRECTORS OF AMI IRELAND In accordance wllh the engagement lelter daled 4 December 2017. and In order to asslst you lo fulfil your dulias under the Companies Acl 21J06, we have complled the financlal stalements of AMI Ireland for the year ended 31 December 2021, set out on pages 5 to 11 from the accounting records and Infomialion and explanations you have given to US. Respectlve re8ponslbllltles of D5T8Ctor4 and Examlner As the directors of the company you are responslble for the preparatlon of the accounts In accordance with the raqulrements of thè Companies AGi 2006. Havlng sallsfied us thal the ac(x)unts of the company are not requlred to ba audlted under Part 16 of the Companl8s Acl 2006 and are ellglble for Independent examlnatlon. It Is our responslbllity lo.. examlne the accounts under sectlon 65 of the Charitles Acl {Norlhem Ireland) 2008., follow procedure5 laid down in the general Dlrectlons glven by the Charity Comrnlssion for Northem Ireland undef sectlon 65(9)(b) of the Charilies Act: and stale whether particular matters have Gome to our attenllon. B8818 of Ind•p•ndent Examlnarfs Report We have examlned your charlty accounts as requlred under Section 85 of th8 Charttles Act and our examlnatlon was carrted out In accordance with the general Directlons glven by the Charities Cornmi$sion for Northern Ireland undef section 65{9)(b) of the Charities Act. The exarninatlon Included a review of the accountlng records kept by the charty and a comparison of Ihe accounts presented with these records. It also Included consideration of any unusual Ilems or dlsclosures In the accounts, and seeking explanallon from you as charty Ifuslees concemlng any such matter. Our role Is to stale whether any material rnatters have come lo our altentlon glvlng us cause lo ball8V&: 1) accountlng records w•ra not keM in respect of the company as requlrad by sectlon 386 of Ihe Companies Acl 2006 Act; or 2) the financial stalements do not accord wlth those records., or 3) th8 accounts do nol Comply wllh the accountlng requlremenlG of section 398 of Iho CompanSes Act 2006 and wtth the methods and principle5 of Ihe Charities Stalemenl of Recommended Pralaice applicable to charitles preparing their accounts In accordance with the Flnancial Reports'no Standards appllcablo In the UK and Republlc of Ireland. 4) that there is further informallon needed for a propef understanding of the accounts lo b8 reached. Independent Examln•r•' Slat•m•nt We have compleled our examlnalion and have no concems In respect of the matter5 {1) to (4) Ilsled above and, in connectlon wlth following the Dlrections of the Charity Commisslon for Northem Ireland. w• have fcund no matters the require drawing to your attention. s Gage FCA For and on behalf of Johnston Kennedy DFK 10 Pllots Vlew Heron Road Belfast BT3 9LE
AMI IRELAND STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOMEAND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2021 2021 2020 Unrestrfcted Unrnstrlctsd funds fvnds NotsB Donatlons and legacles Income from chathable acllvltles 46,587 49,128 3,618 Totsl Incorne 46,587 52,746 Charitable aclilitles 16,350 26,519 N•t mov•m•nt In funds 30,237 26,227 Fund balances at 1 January 2021 190.564 164,337 Fund bJlance8 at 31 December 2021 220,801 190,584 Incomlng rva0urc and rngourc•s expended All Incomlng resoufces and resources expended dlsc105ed as unrestrlcted have nol been deslunated for any sp•cir purpose. Contlnulng 0tIOn• Tho statement of financlal aclivttSes has beèn prèpared on the basls that all oparnlions are continuing operallons. Total compr•h•nslv• Inc¢)m• There Is other comprehenslve Incoma to report In addillon IQ the net Income for the financlal y•ar. Hl8torlGal Gogt The result5 as dlsdosed In the slatemenl of financial activlties arKI the relalned funds for the year have been presented on an hlslorfcal cosl basis. Companles Act 2006 The statemenl of financial ?Gtivitles also complles the requlrements for an Income and expenditure account under the Companles AGt 2006, The notes on pages 7 to 11 fomi part of these Ilnanclal stataments Complled wlthout audit or 5ndependent verlficatlon - refer to Independent examlnors. report
AMI IRELAND BALANCE SHEET AS AT 31 DECEMBER 2021 2021 2020 Notrj Flxed assets Tanglb18 assets 1,464 1,690 Currnnt as¥ets Cash at bank and In hand 219,337 188.874 Nel current assets 219,337 188.874 Total as8•ts le8• currant Ilabllltla8 220,801 190,564 Incom• funds Unre5tr1Gted funds 220,801 190.564 220,801 190,564 Dlr•ctorn' statsment In rBspect of the flnanclal statements The company Is entllled lo the exempllon from the audil requiremenl contalned In s8ctic>n 477 of the Companies Acl 2008. for the year ended 31 DeGember 2021. The direclors acknowledge their fespon51bllllles for cornplylng wllh the requirements of tha Companies Act 2006 with respecl to accountlng records and tha preparation of fbnancial 8lalement8. The mernbers have not roqulred Ihe company lo oblaln an audll of 515 financial statements for Ihe year In qu851ion In accordance with sacllon 476 of the Companles Act 2008. These financial statement5 have been prepared In accordance with Ihe provl$lons appllcable tc componles subject lo th8 small companies, reglme and the Financial Reporting Standard 102 Secllon 1A- Small Entitles, The financial slalements were approved and slgned by the Dlr8Ctors and authorised for issue on . 2 ? rew Montgomery Dlrnctor Company Reglstsatlon No. N1626366 The notB3 on pag•s 7 to 11 form part of these financlal slatsmenls Complled without audlt or Independent veriflcatlon - refer to Indap•ndent accountants. report
AMI IRELAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 Accounllng pollcle8 1.1 Genernl Infomiallon and ba•ls of preparatlon AMI Ireland Is a prfvate company lirnlted by guaranlee Incorporated In Northern Ireland. The reglslared office Is 19 The Calm, Upper Stalion Road. Greenisland. Co Antrim. BT38 8ZT. The accounls have been prepared in accordanca with th8 Ihe Comp8n5e$ Act 2006 and "Accounting and Reporting by Charitles: Statement of Recommended Praclice applkable lo tharities preparing thelr accounls In accordance wllh the Financlal Reporting Slandawd applicable in the UK and Republlc of Ireland IFRS 1021. ($8cond edition - October 2019), Ihe Charities Aci {Northem Ireland) 2008 and UK Generally Accepted Prackn as11 applles from 1 January 2019. The company Is a Publlc Benèfit Enlity as defined by FRS 102, The company has taken advantage of the provoslons In the SORP for chari158s applying FRS 1021Second edlllon) nol to prapafe a Statement of Cash Flows. The financlal statements are preparnd In sterflng, whlch Is the funcllonal Cufrency of the company. Mcnelary amounts in these financial statements are rounded to the nearesl £. The accounts have been prepared under hSstorlcal cost conventlon, The prlndpal accounting policies adopted are sel out below. 1.2 Golng Conrn Al the Ilme of approvlng the flnanclal statements, the director8 have a reasonable expectauon that the company has adequate resources lo continue in opetatlonal ex15tence for tha fof8seeable future. Thus the directors continue to adopt the golng concem basls ol accounllng In preparing thg financlal slatemenls. 1.3 Charltablo funds Unrestricted fund8 are avallable for use at the dlscretlon of the director5 in furtherance of thelr charftable objectives. Re5trided funds are sublect to speclfic condltlons by donors as to how they may be used. The puTSe$ and uses of the 188lrlcted funds ar8 sel oul In Ihe notes lo the financlal slatemenls. 1.4 Incomlng resource• Income Is recogn5sed whon the company Is legally entiuad to il aft•r any perforniarKe condltlon8 have been meL the amounts can be measured reliably, and it is probable Ihal Incorne wlll be recelved. Cash donatlons are recognised on receipt. Olher donations are recognSsed once the company has been notlfied of the donation. unless performance condltion5 requlre deferral of the amounl. Income tax recoverable in relation to donalions received under Glft Aid or deeds of covenant Is recognlsed at the time ol the donallon. 1.6 Re8our¢e8 •xynd•d All expenditure is accounted for on an acuuals basis, inclusive of any VAT whlch cannot be cOvered. and has been classified under headings Ihat aggregate all the costs ielailng to the category.
AMI IRELAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 AcGounllng pollcl Icontinuedl 1.6 Tanglble fixed amets Tangible fixed assels are Inlllally measured at cost and subsequenlly measured at cost ar valuaiion, net of depfecialion and any impalrmenl losses. Deprecialion is recogniséd so as to wrlte off the cost or valuallon of assets18ss their resldual values over thelr Useful live5 on the followlng bases: Equipmenl 2 Stralght line The gain or Ioss arlsing on Ihe dlsposal of an asset is delemined as the difference beiw88n the sale proceeds and the caInG value of the asset, and is recognlsed In the stalement of financial activities. 1.7 Cuh and rA•h •qulval•nts Cash and cash equivalents indude cash In hand. deposlts held at call with banks, olher short-tem Ilquld Investsnents wSth origlnal maturitles cf three months or less, and bank overdrafts. Bank overdrafts are sh¢)wn within borrowings In ujtrent liabilitles. 1.8 Flnanclal Instruments The company has elecled lo apply the provisions of Section 11 'Baslc Flnanclal Instruments, and Sectlon 12 'Other Flnancial Instruments Issues. of FRS 102 to 811 of Its financlal Inslruments. Flnandal Instruments are iecognised Fn the company's balanGe sheet when the company becomes paty to the contractual provislons of the Instrumenl. Flnanaal assets and liabilities are offset, with the nel amounts presented In the financial stalemenls, when thewe is alogally enforceable rfght to s81 off the recognised arnounls and there 18 an Intentlon to settle on a net basls or lo reallse tha assat and settle the liabilty simultaneously. Baslc flnanclal assets Baslc ffinancl81 assets. whleh include deblor5 and cash and bank balances, are Inillally measured al transaciion price includlng transaction cos13 and are subsequently carried at amortlsed cost using the effeclive Interegl method unless the arrangement constilutes a financing transactlon. wheie the transaction is measured al the present value of tha future receipts discounled at a market rate of Interest. Financsal assels dasslfied as recelvable thIn one year are not amortised. Baslc financlal Ilablllues Baslc financlal Ilabllffjes, Including credi(or5 and bank loans are Inltlally r8cogn15ed at transaction Pflce unless the arrangement constitutes a financlng transactlon, where lh8 debt instrument is measured al the present value of the futur& payments discounl•d at a market rate of Interest. Flnanclal Ilabllltles classffied as payable wlthln one year are nol amorttsed. Debt Instruments are subsaquently carried at amortised cost, uslng Ihe effectlve Inlffiesl rate melhod. Operallng CTeditors obllgatlons to pay for goods or 5ervlces that have been acquired in thé ordinary cours8 of operations frorn suppliers. Amounts payable are classified as currenl liabllities rf payment Is due wrlhln one year or less. If noL they are presenled as non<urrent liabilities. Operating credltors are recognised Inillally at transackn'on prlce and subsequentty measured at amortised cost using Ihe effective intefesl method. Derecognhlon of Ilnanelal Ilabllltles Financlal liabiltties are derecognised when the cornpany's conlraciual oblioalions explre or are dlscharged or ncelled.
AMI IRELAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Accountlng pollcl Icontlnuedl 1.9 Taxatlon The company is a registered charity and is not liable to tax on surpluses generated or Investment Incom• derived from aclivities wlthin the scope of the charftable objectives. Donotlons and1ogaclo8 2021 2020 Donations and glfts- DCB Donallon and gifts-AMI Glft ald tsx reclalm 33.400 3,685 9,502 31.532 8,640 10.956 46,587 49,128 In¢om• from ¢harllabl• actlvlll•• 2021 2020 Events and training materials 3,618 Charltable actlvltle• Acilvlll Support cvts Totsl 2021 Totsl 2020 Chafltabla expondlturo - AMI Charitable expenditure- DCB 3,117 11,75e 871 6,614 19,905 12,362 14.873 1,477 16.350 28,519 Olr•ctor8 None of Ihe dlrectors (or any persons connecled with them) received any remuneratlon during tha year, however 2 directors recelved honorarlum payments totalllng £7,200 for the year.. Andrew Montgomèry.. £4.20D Honoraiium Colin Woodward: £3.000 Honorarium As well as the honorarium received they also were paid the following expenses.. Andrew fvlontgomery.. £553 for mileage and general expenses Colin Woodward.. £2.898 for mileage and genera5 expenses
AMI IRELAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Employoe¥ The average monthly number of employees durlng Ihe year was: 2021 Number 2020 Number Total There wwe no employees whose annual remuneratlon wa8 more than £60,000. Tanglbla fixed a$••ts Equlprn•nt Co•t At 1 January 2021 Addlllons 4,410 433 At 31 December 2021 4,843 D?preclatlon At 1 January 2021 Depreciation charged In the year 2,720 859 At 31 December 2021 3,379 Net book value At 31 December 2021 1,464 At 31 December 2020 1.890 Unrestrfcted Income funds Balancg at I Incomlng Resources Balance at 31 January re•ourc•s expended December 2021 2021 Unrestrlcted funds 190.584 46,587 (16,350) 220.801 Analysls of nfrt as$ots betwoen lunds Total 2021 Total 2020 Fund balances at 31 December 2021 are represenled by. Tangible assets Current assetsl{liabililies) 1,464 219,337 1,690 188.874 220,801 190,564 10-
AMI IRELAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 10 FlnanGlal Gommllments The company had no financial (x)mrnltments at 31 December 2021 or 31 December 2020. 11 Capllal ¢ommltsMnts The company had no capltal commltments at 31 Decembèr 2021 or 31 December 2020, 12 Control The dlrectors control the cornpany. 11
AMI IRELAND MANAGEMENT INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2021
AMI IRELAND AMI EDUCATION AND TRAINING ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2021 2021 2020 Incomg Donations G aid tax reclaim Event Income and tralnlng materials 3.685 1,882 8,840 1.753 3.618 12,011 Exp•nd51ure Dlrector and staff expense8 Insurance Gwls and Htsnorarium8 Events and actlvilles Accouniancy costs Sundrles 101 391 365 372 5,254 140 468 15 16 6.614 Net Income 1.379 5,397 12
AMI IRELAND DESTINATION CHURCH BELFAST ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2021 2021 2020 Income rithes & Dfferlngs Glft ald tax daim 33,400 7,820 31,532 9.203 41,220 40,735 Expondlturn Staff expenses Office supplle5 Venue hlre Hospilalty Glfts and Honorariumj Equlpment rapalr5 Accountanty costs Events and actlvlUes Sundries DepreclatSon 833 83 3,869 1,490 128 2,073 414 6,791 177 528 891 147 659 4,212 30 788 12,362 19.905 N•t Incom• 26,658 20.830 13.