MERF Ireland STATEMENTOF FINANCIALACTIVITY IRe¢eipt5 and Paments Account) for the year ended 31st December 2022 Note Unrestrictod Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Recei Donations and legacies Other income 30,938 1,970 32,908 37,283 30,938 1,970 32,908 37,283 Sale of investments Sale of fixed assets Loan5 received Total Recei ts 30,938 1,970 32,908 37,283 Pa ments Raising funds Charitable activities 4,896 17,324 22,220 4,896 60,756 65,652 1,792 40,091 41,883 43,432 43,432 Purchase of investments Purchase of fixed assets Loan repayments Total Pa ments 22,220 43,432 65,652 41,883 Net receipts / Ipaymentsl Transfer between funds 8,718 141,4621 132,7441 14,6001 Net movemenr in fund5 Funds brought forward 8,718 15,081 141,4621 43,532 132,7441 58.613 14,6001 63,213 Funds carried forward 23,799 2,070 25,869 58,613
MERF Ireland STATEMENT OF ASSETS AND LIABILITY A5 at 31st December 2022 Unrestricted Funds Restricted Funds Endowment Funds Total Funds 2022 Total Funds 2021 Funds reconciliation Bank and Cash at start of year Net movement in funds 15,081 8,718 43,532 141,4621 58,613 132,7441 63.213 14,6001 Bank and Cash at end ofyear 23,799 2,070 25,869 58,613 Bank and Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 25.867 58,611 25,869 58,613 Other Assets Fixed Assets- Note 6 Investments - Note 7 Liablities Loans Approved by the Trustees at a meeting on and signed on its behalf by.. Trustee Date.. 131,[ 202
MERF Ireland NOTES TO THE ACCOUNTS 31st December 2022 I. ACCOUNTING POLICIES BASIS OF FINANCIAL sfATEMENTS As the total income of MERF Ireland 15 less than £250,000 the Trustees have elected in accordance with the provisions in The Charities (Acounts and Reports Regulations (Northern Ireland) 2015 to prepare its accounts on a receipts and payments basis. FUND ACCOUNTING Endowment funds are funds, the capital of which must be retained either permanently or at the Trustees, discretion, the income derived from the endowment is to be used either as restricted or unrestricted income fund5 depending upon the purpose for which the endowment was established in the first place. Restricted funds comprise (al income from endowments which is to expended only on the restricted purposes intended by the donor and Ibl revenue donations or grants for a specific MERF Ireland activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average balance basis. Unrestricted funds are income funds whlch 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 Unre5trlcted Funds Restricted Funds Endowment Funds Total Funds 2022 Total Funds 2021 Donations Legacies Gift Aid 30,938 1,970 32,908 34,247 3,036 Total 30,938 1,970 32,908 37,283 3. OTHER INCOME Unrestricted Funds Restricted Endowment Funds Total Fund5 2022 Total Funds 2021 Insurance claims Investment Income Other income Total
MERF Ireland NOTES TO THE ACCOUNTS (cont'd) 31st December 2022 4. RAISING FUNDS Unrestricted Funds Restricted Funds Endowment Funds Total Funds 2022 Total Funds 2021 Postage Costs Franking Machine Rental Printing newsletter 3.005 256 1,635 3,005 256 1,635 603 64 1,125 Total 4,896 4,896 1,792 5. CHARITABLE AcfiviTIE5 Unrestricted Funds Restrlcted Funds Endowment Funds Total Funds 2022 Total Funds 2021 Transfer to Cyprus Ethiopia Holiday Refund Zoom and website Gifts Subscription Accountant Gift Travel Expenses Insurance Printing 15,233 43,432 58,666 39,360 176 300 40 176 300 40 300 1,060 403 112 1,060 403 112 403 28 Total 17,324 43,432 60,756 40,091 6. FIXED ASSETS MERF Ireland ha5 no fixed assets 7. INVESTMENTS 2022 2021 Details of the investment as at 31st December 2022 Total
MERF Ireland NOTES TO THE ACCOUNT5 Icont'd) 31st December 2022 8. FUND BALANCES Balance at start Receipts Payments Surplus I IDefi¢itl Transfer Balance at end Unrestricted Funds General Account Totsl Restricted Fund5 Radio Literature Training Church PSant Relief Beirut Other 1,690 25 570 1,690 25 570 1,690 25 570 3,530 34,124 4,130 3,530 34.124 4,130 3,530 34,124 4,130 Total 44,069 44,069 44,069 Endowment Funds Bequest Fund Total Total 44,069 44,069 44,069