Charity Registration No.101398
Company Registration No. NI626366 (Northern Ireland)
AMI IRELAND
ANNUAL REPORT & UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
AMI IRELAND
CONTENTS
| Page | |
|---|---|
| Charity reference and administrative details | 1 |
| Directors' report | 2 - 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the accounts | 7 - 11 |
AMI IRELAND
CHARITY REFERENCE AND ADMINISTRATIVE DETAILS
Directors Andrew Montgomery Hilary Montgomery Colin Woodward Charity number 101398 Company number NI626366 Principal address 19 The Cairn Upper Station Road Greenisland Co Antrim BT38 8ZT Registered office 19 The Cairn Upper Station Road Greenisland Co Antrim BT38 8ZT Independent accountant Johnston Kennedy DFK 10 Pilots View Heron Road Belfast BT3 9LE
- 1 -
AMI IRELAND
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The directors present their report and accounts for the year ended 31 December 2024.
Objectives and activities
The Charity is established for the advancement of the Christian religion in Northern Ireland and throughout the world. The objectives are to; preach the Gospel, encourage Christian living and the moral and ethical standards inherent therein, promote and support missionary endeavours and contribute to the spiritual and moral education of Christians.
The directors have paid due regard to guidance issued by the Charity Commission in deciding what activities the company should undertake.
Achievements and performance
Destination Church Belfast continued to develop its ministry activities inclusive of a course on Biblical mental health entitled "Mind Matters".
AMI Ireland Intern Programme continued to train and equip local churches and individuals.
Financial review
The training and education division of the charity generated a net deficit of £303 during the year.
Destination Church Belfast generated a net deficit of £31,155 during the year.
Unrestricted reserves at the year end amounted to £174,103.
The company's reserve policy is to accumulate sufficient unrestricted reserves to provide resources to launch an employed ministry team.
Structure, governance and management
The charity is a company limited by guarantee without share capital and is governed in accordance with its Memorandum and Articles of Association.
The charity is registered with the Charity Commission for Northern Ireland.
The directors who served during the year and up to the date of signature of the financial statements were: Andrew Montgomery Hilary Montgomery Colin Woodward
The first directors were appointed by the leaders of Acts Ministry International. The directors received induction training and mentoring from Acts Ministries International. Their vision was to establish a ministry in Northern Ireland.
None of the directors has any beneficial interest in the assets of the company. All of the directors are members of the company and guarantee to contribute £1 in the event of a winding up.
The directors oversee the day to day operations of the company and the board meets formally on a quarterly basis to review operations and develop the strategic direction of the company.
No emoluments were paid to directors during the year.
- 2 -
AMI IRELAND
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Statement of directors responsibilities
The directors, who also act as trustees for the charitable activities of AMI Ireland Ltd, are responsible for preparing the Directors Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the directors to prepare accounts for each financial year which give a true and fair view of the state of affairs of the company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
In preparing these accounts, the directors are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent; and
-
prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in operation.
The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Political and charitable donations
During the year the company did not make any political or charitable donations.
Special provisions relating to small companies
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
The directors report was approved by the Board of Directors.
Andrew Montgomery
..............................
Andrew Montgomery Director
Dated: 29 September 2025
- 3 -
AMI IRELAND
INDEPENDENT EXAMINER'S REPORT TO THE DIRECTORS OF AMI IRELAND
In accordance with the engagement letter dated 4 December 2017, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of AMI Ireland for the year ended 31 December 2024, set out on pages 5 to 11 from the accounting records and information and explanations you have given to us.
Respective responsibilities of Directors and Examiner
As the directors of the company you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006.
Having satisfied us that the accounts of the company are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, it is our responsibility to:
-
examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008;
-
follow procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act; and
-
state whether particular matters have come to our attention.
Basis of Independent Examiner's Report
We have examined your charity accounts as required under Section 65 of the Charities Act and our examination was carried out in accordance with the general Directions given by the Charities Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with these records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanation from you as charity trustees concerning any such matter.
Our role is to state whether any material matters have come to our attention giving us cause to believe:
-
1) accounting records were not kept in respect of the company as required by section 386 of the Companies Act 2006 Act; or
-
2) the financial statements do not accord with those records; or
-
3) the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or
-
4) that there is further information needed for a proper understanding of the accounts to be reached.
Independent Examiners' Statement
We have completed our examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, we have found no matters the require drawing to your attention.
James Gage
................................... James Gage FCA For and on behalf of Johnston Kennedy DFK 10 Pilots View Heron Road Belfast BT3 9LE
Dated: 29 September 2025
- 4 -
AMI IRELAND
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024
| 2024 | 2023 | |||
|---|---|---|---|---|
| Unrestricted | Unrestricted |
|||
| funds | funds | |||
| Notes | £ | £ | ||
| Income from: | ||||
| Donations and legacies | 2 | 53,184 | 50,934 | |
| Expenditure on: | ||||
| Charitable activities | 3 | 84,642 | 71,303 | |
| Net movement in funds | (31,458) | (20,369) | ||
| Fund balances at 1 January 2024 | 205,561 | 225,930 | ||
| Fund balances at 31 December 2024 | 174,103 | 205,561 |
Incoming resources and resources expended
All incoming resources and resources expended disclosed as unrestricted have not been designated for any specific purpose.
Continuing operations
The statement of financial activities has been prepared on the basis that all operations are continuing operations.
Total comprehensive income
There is no other comprehensive income to report in addition to the net income for the financial year.
Historical cost
The results as disclosed in the statement of financial activities and the retained funds for the year have been presented on an historical cost basis.
Companies Act 2006
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
The notes on pages 7 to 11 form part of these financial statements Compiled without audit or independent verification - refer to independent examiners' report
- 5 -
AMI IRELAND
BALANCE SHEET
AS AT 31 DECEMBER 2024
| Notes Fixed assets Tangible assets 6 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 7 Net current assets Total assets less current liabilities Income funds Unrestricted funds 8 |
2024 £ 103,737 (18,799) |
£ 89,165 84,938 174,103 174,103 174,103 |
2023 £ 118,852 (17,439) |
£ 104,148 101,413 |
|---|---|---|---|---|
| 205,561 | ||||
| 205,561 | ||||
| 205,561 |
Directors' statement in respect of the financial statements
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2024.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 of the Companies Act 2006.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and the Financial Reporting Standard 102 Section 1A - Small Entities.
The financial statements were approved and signed by the Directors and authorised for issue on 29 September 2025
Andrew Montgomery
..............................
Andrew Montgomery Director
Company Registration No. NI626366
The notes on pages 7 to 11 form part of these financial statements Compiled without audit or independent verification - refer to independent accountants' report
- 6 -
AMI IRELAND
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1 Accounting policies
1.1 General information and basis of preparation
AMI Ireland is a private company limited by guarantee incorporated in Northern Ireland. The registered office is 19 The Cairn, Upper Station Road, Greenisland, Co Antrim, BT38 8ZT.
The accounts have been prepared in accordance with the the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (second edition - October 2019), the Charities Act (Northern Ireland) 2008 and UK Generally Accepted Practice as it applies from 1 January 2019. The company is a Public Benefit Entity as defined by FRS 102.
The company has taken advantage of the provisions in the SORP for charities applying FRS 102 (Second edition) not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention.
The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the directors in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Incoming resources
Income is recognised when the company is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the company has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
1.5 Resources expended
All expenditure is accounted for on an accruals basis, inclusive of any VAT which cannot be recovered, and has been classified under headings that aggregate all the costs relating to the category.
- 7 -
AMI IRELAND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024
1 Accounting policies
(Continued)
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Leasehold improvements 10% Straight line Equipment 20% Straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.8 Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Operating creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Operating creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.
- 8 -
AMI IRELAND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024
1 Accounting policies
(Continued)
1.9 Taxation
The company is a registered charity and is not liable to tax on surpluses generated or investment income derived from activities within the scope of the charitable objectives.
2 Donations and legacies
| Donations and gifts - DCB Donation and gifts - AMI Gift aid tax reclaim |
2024 £ 41,160 3,190 8,834 53,184 |
2023 £ 39,056 3,385 8,493 |
|---|---|---|
| 50,934 |
3 Charitable activities
| Activities Support costs £ £ Charitable expenditure - AMI 3,073 920 Charitable expenditure - DCB 80,011 638 83,084 1,558 |
Total 2024 £ 3,993 80,649 84,642 |
Total 2023 £ 4,762 66,541 |
|---|---|---|
| 71,303 |
4 Directors
None of the directors (or any persons connected with them) received any remuneration during the year, however 3 directors received honoraria payments totalling £9,050 for the year:
-
Andrew Montgomery: £4,200 Honorarium
-
Colin Woodward: £4,850 Honorarium
As well as the honoraria received they also were paid the following expenses:
-
Andrew Montgomery: £281 for mileage and general expenses
-
Colin Woodward: £238 for mileage and general expenses
5 Employees
The average monthly number of employees during the year was:
| 2024 | 2023 | |
|---|---|---|
| Number | Number | |
| Total | - | - |
No employees were paid remuneration during in the year.
- 9 -
AMI IRELAND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024
| 6 Tangible fixed assets Leasehold improvements Equipment £ £ Cost At 1 January 2024 91,105 34,026 Additions - 318 At 31 December 2024 91,105 34,344 Depreciation At 1 January 2024 10,615 10,368 Depreciation charged in the year 9,112 6,189 At 31 December 2024 19,727 16,557 Net book value At 31 December 2024 71,378 17,787 At 31 December 2023 80,490 23,658 7 Creditors: amounts falling due within one year 2024 £ Accruals 18,799 |
Total £ 125,131 318 |
|---|---|
| 125,449 | |
| 20,983 15,301 |
|
| 36,284 | |
| 89,165 | |
| 104,148 | |
| 2023 £ 17,439 |
8 Unrestricted income funds
| Balance at 1 | Incoming | Resources Balance at 31 |
Resources Balance at 31 |
||
|---|---|---|---|---|---|
| January | resources | expended | December | ||
| 2024 | 2024 | ||||
| £ | £ | £ | £ | ||
| Unrestricted funds | 205,561 | 53,184 | (84,642) | 174,103 | |
| 9 | Analysis of net assets between funds | ||||
| Total | Total | ||||
| 2024 | 2023 | ||||
| £ | £ | ||||
| Fund balances at 31 December 2024 are | represented by: | ||||
| Tangible assets | 89,165 | 104,148 | |||
| Current assets/(liabilities) | 84,938 | 101,413 | |||
| 174,103 | 205,561 |
- 10 -
AMI IRELAND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024
10 Financial commitments
The company had no financial commitments at 31 December 2024 or 31 December 2023.
11 Capital commitments
The company had no capital commitments at 31 December 2024 or 31 December 2023.
12 Control
The directors control the company.
- 11 -