MERF Ireland
STATEMENT OF FINANCIAL AcfiviTY (Receipts and Paments Account)
for the year ended 31st December 2023
Note
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Recei
Donations and legacies
Other income
30,310
43,966
74,276
32,908
30,310
43,966
74,276
32,908
Sale of investments
Sale of fixed assets
Loans received
Total Recei
30,310
43,966
74,276
32,908
Pa
Raising funds
Charitable activities
ments
2,021
12,628
14.649
2,021
46,594
48,615
4,896
60,756
65,652
33,966
33,966
Purchase of investments
Purchase of fixed assets
Loan repayments
Total Pa
ments
14,649
33,966
48,615
65,652
Net receipts / Ipaymentsl
Transfer between funds
15,661
10,000
25,661
132,7441
Net movement in funds
Funds brought forward
15,661
23,799
10,000
2,070
25,661
25,869
132,7441
58,613
Funds carried forward
39,460
12,070
51,530
25,869

MERF Ireland
STATEMENT OF ASSETS AND LIABILITY
As at 31st December 2023
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total Fund5
2023
Total Fund5
2022
Funds reconciliation
Bank and Cash at start of year
Net movement in funds
23,799
15,661
2,070
10,000
25,869
25.661
58,613
132,7MI
Bank and Cash at end of year
39,460
12.070
51,530
25,869
Bank and Cash Balances
Bank Deposit Accounts
Bank Current Accounts
51,528
25,867
51,530
25,869
Other Assets
Fixed Assets - Note 6
Investments - Note 7
Llablitles
Loans
Approved by the Trustees at a meeting on
16lilz%
and signed on Its behalf by..
Trustee
Date-

MERF Ireland
NOTES TO THE ACCOUNTS
31st December 2023
I. ACCOUNTING POLICIES
BASIS OF F5NANCIAL STATEMENTS
As the total income of MERF Ireland is 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 payment5 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 a5 restricted or unrestricted incame f unds depending upon the
purpose for which the endowment was established in the first place.
Restricted funds comprise lal income from endowments which is to expended only on the restricted purposes intended by
the donor and {bl revenue donations or grants for a specific M ERF Ireland activity intended by the donor. Where these funds
have unspent balances, interest on their pooled investment Is apportioned to the individual f unds on an average balance
basis.
Unrestricted funds are income funds which are to be spent on MERF Ireland'5 general purposes. Desi&nated funds are
general funds set aslde for use in the future.
2. DONATIONS AND LEGACIES
Unrestrlcted
Funds
Restricted
Funds
Endowment
Funds
Total Funds
2023
Total Funds
2022
Donations
Legacies
Gift Aid
30,310
43,966
74,276
32,908
Total
30,310
43,966
74,276
32,908
3. OTHER INCOME
Unrestricted
Fund5
Restricted
Endowment
Funds
Total Fund5
2023
Total Funds
2022
Insurance claims
Investment Income
Other income
Total

MERF Ireland
NOTES TO THE ACCOUNTS Icont'dl
31st December 2023
4. RAISING FUNDS
Unrestricted
Funds
Restricted
Funds
Endowment
Fund5
Total Funds
2023
Total Funds
2022
Postage Costs
Franking Machine Rental
PrintinE newsletter
971
70
980
971
70
980
3,005
256
1,635
Total
2,021
2,021
4,896
5. CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total Fund5
2023
Total Funds
2022
Transfer to Cyprus
Payment5 from designated funds
Zoom and website
Gifts
Subscription
Travel Expenses
Insurance
Printlng
10,000
10,000
33,966
15,233
43,432
176
300
40
1,060
403
112
33,966
2,157
403
69
2,157
403
69
Total
12,628
33,966
46,594
60,756
6. PAYMENTS FROM DESIGNATED FUNDS
Radlo minlstrv
Llterature ministry
Training
TrainlnE - Lokochogglo
Church Planting
Relief/Diaconal Ald- general
Diaconal Ald Syriarfurkev
Diaconal Aid Sudan
Dièconal Aid Syria
Diaconal Aid - Indonesia
Diaconal Aid - Beirut
Muslim Outreach
Syria Earthquake vlctims
600
3,003
50
45
630
25
5,025
loo
260
1,550
30
200
500
34,124
40
31,216
Total
33,966
43,432
7. FIXED ASSETS
MERF Ireland has no fixed assets
8. INVESTMENTS
2023
2022
Details of the investment as at 31st December 2023
Total

MERF Ireland
NOTES TO THE ACCOUNT5 Icont'dl
31st December 2023
8. FUND BALANCE5
Balance at
start
Recelpts
Payments
Surplus /
(Deficit)
Transfer
Balance
at end
Unrestri¢ted Funds
General Account
10.000
10,000
10.000
Total
10,000
10,000
10,000
Restricted Funds
Radio
Literatkjre
Training
Church Plant
Relief
Syria Earthquake
Other
600
600
600
loo
2,010
31,216
40
loo
2,010
31,216
40
loo
2,010
31,216
40
Total
33,966
33,966
33,966
Endowme
Bequest Fund
Total
Tot31
43,966
43,966
43,966