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 ASS￿5 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 f￿ndS 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
Re￿pts
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
44￿69
44.069
Endowment Funds
8È4uest Fund
Totèl
Total
44.069
44,069