MERF Ireland STATEMENT OF FINANCtALACt]vttY (Receipts and Paments Account) for the year ended 31st December 2021 Unrestricted Funds Restricted Total 20ZI Total 2020 Funds Funds Recei Donation5 and legacie5 Other income 32.710 4,573 37.283 73,414 32.710 4,573 37.283 73,414 Sale of investments Sale ol fixed a55ets Loans received Totsl Recei ts 32.710 4.573 37.283 73.414 Pa Raising funds Charitable activities ments 1,792 40,(YJI 41,883 1.792 40.091 41,883 2,910 16,742 19,652 Purchase of investments Purchase of fixed assets Loan repayments Total Pa rnents 41.883 41.883 19.652 Net receipts / Ipaymentsl Transfer between funds 19.1731 4.573 14,6001 53,762 Net movement in funds Funds brought forward 19.1731 24.253 4.573 38,959 14,6LXJI 63.213 53,762 9,451 Funds carried forward 15.081 43.532 58.613 63,213
MERF Ireland STATEMEMt OF ASS5 AND UABILrrY As at 31st December 2021 Unrestricted Endowment Funds Total Funds 2021 Toial Funds zozo Fund5 Funds Funds reconciliation Bank and Cash at start of year Net movement in funds 24,253 19,1731 38.959 4.573 63,213 14,6001 9.451 53.762 Bank and Cash at end of year 15,081 43.532 58,613 63,213 Bank and Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 58.611 63,211 58,613 63,213 Other Assets Fixed Assets- Note 6 Investments- Note 7 Liablitie5 Loans Approved by the Trustees at a meeting on 2? and signed on its behalf by. Trustee Date.. LW
MERF Ireland NOTES TO THE ACCOUTrnS 31st December 2021 I. ACCOUNTING POLICIES BASIS OF FINANCIAL ¥fATEMENTS As the total income of MERF Ireland 15 less than E250.(XX) the Trustees have elected in accordance with the provisions in The Charities (Acounts and Reports Regulation5 INorthern Ireland) 2015 to piepare it5 accounts on a ieceipts Bnd payrnent5 basis. FUND ACCOUNTING Endowment funds are fund5. the capit31 of which must be retsined e4ther permanently or at the Trustees. discretion. the income derived frorn the endowfnent 15 to be used either as ostricied or unrest¥icted income funds depending upon the purpose for whlch the endowment was established In the first pla. Restricted funds comprise lal income from endowments which is to expended only on the restricted purposes intended bv the donor and Ibl revenue donations or grants for a specific MERF Ireland activtty intended by the donor. Where these funds have unspent balan¢e5. interest on their pooled investment is apportioned to the individual fndS on an avera8e balance basis. Unrestricted funds are income fvnds which are to be Spent on MERF Ireland's general purposes. Designated funds are general funds set aside for use in the future. 2. DONATIONS AND LEGACIES Unrestricted Fund5 Re5triLted Funds Endowment Funds Total Furbds 2021 Total Funds 2020 Donations Legacies Gift Aid 29.674 4.573 34.247 69,932 3.036 3.036 3,482 Total 32.710 4.573 37,283 73,414 3. OTHER INCOME Unrestricted Funds Restrirtod Funds Endowment Funds Total Funds 2021 Total Funds 2020 Insurance claims Investment Income Other income Totsl
MERF Ireland NOTES TO THE ACCOUNTS Icont'dl 315t De¢efflber 2021 4. FiA151NG FUNDS Unrestrirted Funds Restrirted Funds Endowment Funds Total Funds Total Funds 2020 2021 P05tage Costs Franking Machine Rental Printing newsletter 603 603 1,581 160 1,125 1.125 1,169 Total 1.792 1,792 2.910 5. CHARrfABLE AcrtVlTIE5 Unrestrirted Fund5 Restricted Funds Endowment Funds Total Funds 2021 Tot31 Funds 2020 Trènsfer to Cyprus Ethiopia Holiday Refund Accountant Gift Travel Expenses Insurance Printing 14,400 39.360 39.360 1.800 loo 300 403 28 403 28 376 66 Total 40.091 40.091 16.742 6. FIXED $SET$ MERF Ireland has no frxed assets 7. INVESTMENrs Z021 2020 Details of the investment as at 31st December 2021 Total
MERF Ireland NOTES TO THE ACCOUNTS Icont'dl 315t December 2021 8. FUND BALANCES Balance at Repts Paynents Su¥plusl IOefi(it) Transler Balance at Llnrestricled Funds General Account Totsi Restricted Radio titerature 1,690 25 1,690 25 570 25 570 570 Church Plant 3530 34.124 4.130 3530 34,124 4.130 3,530 34.124 4,130 Beirut other Totsi 4469 44.069 Endowment Funds 8È4uest Fund Totèl Total 44.069 44,069