Registered Charity number". NIC 103806
HMRC number:
XR67448
The South American Mission Society (Ireland)
Trustees, report and finaneial statements
for the year ended 31 December 2022

South American Mission Society (Ireland)
Contents
Page
Legal and administrative information
Trustees report
Independent examiners, report
Statement of fll)ancial activities
Balance sheet
Cash flow Statement
Notes to the fmancial statements
9-15

South American Mission Society (Ireland)
Legal and administrative information
Charity number
103806 (HMRC Ref: XR67448)
Business address
I Irwin Crescent
Lurgan
County Annagh
BT66 7EZ
Trustees
Rt. Rev. Andrew Forster- Chairperson
Mr Noel Boyd
Ven. Elizabeth Cairns
Rev. Dorothy Dunwoody
Mrs Judith Finch
Mrs Ali Hutchinson
Rev. Peter Jones
Rev. Mark Lennox
Rev.Stephen McElhinney- Mission Director
Mrs Gillian Lynn- Administrator
Miss Claire Homes- Mission Development Officer
Miss Julie Allen - Administrator (from August 2022)
Accountants
Daly Park & Company Ltd
4 Carnegie Street
Lurgan
County Arn]agh
BT66 6AS
Bankers
Ulster Bank
14-16 Market Street
Lurgan
Co Armagh
B T66 6AP

South American Mission Society Ureland)
Report of the trustees
for the year ended 31 December 2022
The trustees present their Trustees, Annual Report, combining the Directors, Report and the Trustees, Report under
the Charities SORP in accordance with 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 (FRS102) (effective l January 2015) - (Charities SORP (FRS102)),
the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102), and the Charities
(Accounts and Reports) Regulations (Northern Ireland) 2015. The trustees who served during the year and up to
the date of this report are set out on page one.
Structure? governance and management
SAMS (Ireland) is an unincorporated charity governed by its constitution. The charity works with the church in
South America and in fellowship with the 'CMS intemational network. (fonnerly the SAMS International
network) of Anglican Mission Agencies. The charity was registered with the Charity Commission for Northern
Ireland on 28th October 2015.
Siructure
The General Council are elected triennially at the AGM of the Society. 2022 was not a triennial year when
elections were held. All members rnust retire after their three- year appointment but are eligible for re-election at
this time. The Council is elected by the members of the charity. Membership is open to all those who are members
of the Church of Ireland on the condition that they have made a contribution to the charity during the previous
calendar year. The charity is under the control of the General Council. The General Council meet at least twtce
per year.
Purpose, objectives, activities and values
Our Purpose and Vision.. The great commission fulfilled in South America
Our Mission.. The charity's main activities focus on the proclamation of the Gospel and the building up of
Christian Churches throughout the world but primarily in South America.
Objectives and uctivilies.. The South American Mission Society (Ireland) is a community of people in mission
obeying the call of God, to proclaim the call of God, to proclaim the gosp¢l in all places and to draw peoples
into fellowship with the Lord Jesus Christ. The charity is also sometimes known as SAMS (Ireland) or SAMS.
Our Value." In relationship to God, His word and the human family, the charity always aspire5 to hold to the
values of:
Biblical mission
A family led by the Spirit
Engaging
Empowering
KingdoTn principles
Excellence in all things
Public Benefit
SAMS Ireland believes that the Christian faith is of benefit to society and individuals bringing a vision of
transforniation for peace and social harn]ony which grows from what Christians believe is God's ultimate purpose
to bring all things into unity and perfection in Jesus Christ. Most people are likely to become disciples of Jesus
Christ if Christians "live a Christ-like life amongst them, share the good news of Jesus, dernonstrate God'5 love
and prayerfully expect the spirit's power to transfonn individuals, communities and whole Nation5" SAMS
Ireland seeks to demonstrate this benefit though it5 mission activitie5 in South America, Iberia, all of Ireland and
Great Britain.

South American Mission Society (Ireland)
Report of the trustees for the year ended 31 December 2022
Achievements and performance
This report wlll help outline some of the specific moments that SAMS Ireland as an organisation can be extremely thankful
to God for during 2022. The work of SAMS Ireland continues despite the difficulties of recent years. We thank God that
during this year, life was able to return to some sort of normality following the pandemic. With the restrlctions lifted on alr
travel, more meaningful face-to-face relatlonships were able to be enacted once again. Building on the work begun by Alan
Gardner in the 18505, SAMS Ireland seeks to partner with the local church in many dioceses of the Southern Cone of South
America. Partnerships have developed based on the gospel of Jesus Christ which seek to show His love in personal and
practical ways.
One of the stsndout moments of 2022, was an event called 'Kingdom Voices., In partnership with CMS Ireland, a week-long
event was organised which allowed the attendance of 18 bishops and their partners from nations in South America, Africa
and Nepal. This event followed the larger bishops gathering at Lambeth (Kent) during the month of August'22. Local N.
Irish churches welcomed the overseas church partners who were able to encourage church members in world mission. The
week's events culminated in a special event in St. Annes Cathedral, Belfast, where over 450 people attended to hear
stories of service, church planting and reaching out in the name of Christ. One attendee to the event made the comment-
"this event has put the spark back into world mission for mel"
New relationships were formed between churches in Ireland and overseas bishop5, as well as older friendships being
rekindled. What was lacking in the last two years since Covid, was dramatically overturned in a relatively short space of
time. As a society. we look forward to building on these new relationships. We are very thankful to see new partnerships
beginning to form as communication and friendship develop in this important two-way proces5. To facilitate this, we
recognise that travel to South America needs to recommence. However, due to difficulties of fuel prices and the knock-on
effect to aviation travel, it has not yet been possible for church groups to commence travel to South America at present.
This remains a priority for the future plans of church engagement.
Monitoring of projects that are overseen by the society was able to recommence during this year. Travel by the mission
director and mission development officer meant that local partners were encouraged to continue in their strategic
collaborative project work. A new initiative by the Anglican church in North Argentina, welcomed members of the
indigenous church from neighbouring countries. A conference looked at issues of mission contextualised from the vantage
point of the indigenous church. With greatly reduced numbers of overseas mission partners present in these areas, small
local churches continue to seek encouragement from each other in efforts to remain faithful to the call of the gospel.
Holistlc ministry needs are being met in such places like the far north of Argentina. Alec Deane and the garden project
continue to meet the basic needs of freshwater and horticultural techniques to provide nutritious food for communities in
these often forgotten rural i501ated areas. Clean water and the ability to learn new techniques in growing vegetsbles, has
provided increased self-esteem in these small communities.
Even in the isolated areas of South America, the mobile phone is never far away. Mission partnership must look at
providing assistance in the utilisation of this technology with local churches. We continue to seek ways of partnering with
the local church to access and build on these new means of modern communication.
Collaboration continues to drive many new partnership initiatives. Travel has really helped facilitate the ongoing work
within this area. Many fruitful conversations have planted the seed for future partnership developments. We pray that
progress will be made with the provision of skilled personnel. The development of trust is key in thi5 regard, and a highly
prized outcome. Thls year, safeguarding was an example of an ongoing partnership initiative.
In response to local requests over many years, SAMS Ireland has this year once again offered theological training grants.
These grants have been provided mostly to those in full-time education training to a5S15t those in preparation for church
leadership. And future objective5 would be to look at ways in which discipleship can be enhanced, building on such thing5
which will strengthen and deepen a mature understanding of effective Christian leadership.
We are deeply grateful for those who Serve on General Council Itrusteesl, and have se￿ed, in a voluntary capacity giving
their time, wisdom and energy in the cause of mission. Our Chairperson, Bishop Andrew Forster, continues to chair the
SAMS Council meetings with skill and wisdom. Mission Director, Rev Stephen McElhinney continues in his role. As SAMS
Administrative and Communications Coordinator, Mrs Gillian Lynn took maternity leave later in the year. We are grateful
for the Services of Julie Allen who has aSSlSted during this maternity cover. Both staff and Council are thankful for Mr Phil
Tadman who provide5 valuable and diligent oversight of the finances of SAMS Ireland. Billy Blair and his wife Laura
continue to open their hearts and home to SAMS volunteers from South America. The annual Friday Night Live event at the
beginning of February was this year held in person for the f irst time following the pandemic. A live 'Video Premierf enabled
vlewing particlpation frorn South American partners. The event is a useful source of information and an evening of
inspiration too many SAMS supporters. SAMS Ireland ha5 an intergenerational feel to it with a strong support base in many
local churches and generou5 praying individual 5UPPOrters. Finally, to all who have Served and who are serving in the SAMS
Ireland famlly we say a very sincere thank you.

South American Mission Society (Ireland)
Report of the trustees for the year ended 31 December 2022
Financial review
Although the charity's fvnds decreased by £42.2)3 during 2022 {2021- an increase of £81.776), this wa5
primarily due to the use of restricted reserves, which wgre increased significantly in ?021. and the decrease in
the value of the investment unit5 in 2022. which we expect to rise again in due course. As can be 5e¢n from the
annual accounts, total income and expenditure were both less in 2022 than in 2021. However, it was the
restricted incorn¢ that was 40Q/o down, due to the exceptional restricted income in 20? l. but the reslricled
expenditure was greater in 2022 than in 20? l. This meant that in 2022 unrestricted fund expenditure only
exceeded unrestricted income by £2,027. Ivhich was encouraging as 2022 was a challentsing financial year for
many SUpport￿S of charities. As you will see from the account5, we give thanks that the work of the chariry did
uot have to be held back during 2022 due to finance, and as the work of the charity progresses in 2023 we go
forward in confidence, aware of our dependence 01) God. and his people, the church. for the financial provision
to enable the charity to fulfil its purpose and mission troing forward.
Reserves Policy
The charity operates a reserves policy whereby the trustees aim to hold a minimum of six months of the previous
year's expenditure as unrestricted rcserves, to ensure the Charity can continue its mission and activities in the
event of some unforeseen diffI¢ulty. The reserves policy is an integral part of the charity's planning.
InvestmeFJf Policy
The Trustees have the power to invest in such assets as they see fit. Investment decisions are based oil low riskthiJ
return and are made with the interests of the ¢harity in mind. The charity sometimes needs to react quickly to
particular situations and has a policy of keeping adequate surplus liquid fitnds short tenn deposits, which can
be accessed readily. The trustees currently retain £130,000 in the COIF Charities Investment Fund, mankged by
CCLA Investment managers, the valuc of which was £172,533 as at 31 December 20?2 (2021.. £195.229).
Statement of trustees, responsibilities
The trustees are responsible for preparing the Trustees, Annual Report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kinirdom Generally
Accepted Accounting Practice).
Law applicable to charities in Northern Ireland require5 the trustees to prepare flnancial statements for each
f￿ancIal year which give a true and fair view of charity and of the incoming resources and application of resources
of the Gharity for that year. tn preparino these financial statements the trustees are reqLÈired to:
select suitable accounting policies and then apply them consistently-
observe the methods and principles in the Charities SORP.
make judgements and estimate5 that are reasonable and prudent,.
state whether the Charitie5 SORP (Updated January 2015) has been followed, subject to any material
departtjres disclosed and explained in the financial statements. and
prepare the financial statement5 on the going concern basis unless it is inappropriate to presume that the ¢harity
will continue in operation.
The trustees are responsible for keepin(r proper accounting records which disclose with reasonable accuracy at
any time the financial position of the charity and enable them to ensure that the financial statements comply with
applicable law. They are also responsible for safeguarding the assets of the charity and hence fortaking reasonable
steps for the prevention and detection of fraud and other irregularities.
On behalf of the board
Andrew Forster
Trustee
Date: 22 May 2023
Mark Lennox
Trustee

South American Mission Society Ureland)
Independent examiner's report to the trustees on tbe unaudited financial statements of South
American Mission Society (Ireland).
I have examined the financial statements of the charity for the financial year ended 31 December 2022, which
comprise the Statement of Financial Activities (ineorporating an Income and Expenditure Account), the Statement of
Cash Flows, the Balance Sheet and the related notes.
Respeetive responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the financial statements in aecordance with the
requirements of the Charities Act (Northern Ireland) 2008. The charity's trustees ¢onsider that an audit is not required
for this financial year under the Charities Act (Northern Ireland) 2008 and that an independent examination is
required.
It is our responsibility to=
examine the financial statements under section 65 of the Charities Act.
follow the procedures laid down by 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 illdependent examiner's report
I have examined charity's financial statements as required under section 65 of the Charities Act and our examination
was carried out in accordance with the general Directions given by the Charity Commission for Norihem Ireland
under section 65(9)(b) of the Charities Act. An examination includes a review of the accounting records kept by the
company and a comparison of the financial statements presented with those records. It also includes consideration of
any unusual items or disclosures in the financial statements and seeking explanations from the trustees concerning
any such matters. The proLedures undertaken do not provide all the evidence that would be required in an audit and
consequently no opinion is given as to whether the accounts present a 'true and fair, view and the report is limited to
those matters set out in the statement below.
This report is made solely to the charity trustees. as a body. in accordance with the Charities Act (Northem Ireland)
2008. Our work has been undertaken so that we might compile the financial statements that we have been engaged to
eompile. report to the charity's Board of Trustees that we have done so, and state those matters that we have agreed
to stale to them in this report and for no other purpose. To the fullest extent pemiitted by law, we do not aecept or
assume responsibility to anyone other than the charity and the charity's Board of Trustees, as a body, for our work, or
for this report.
Independent examiner's st8tement
In connection with our examination. no matter has come to our attention which gives us cause to believe that in. any
material respect:
-accounting records were not kept in accordance with section 63 of the Charities Act
-the financial statements do not acwrd with those accounting records
-the finan¢ial statement5 do not comply with the accounting requirements of the Charities Act
-the financial Statements have not been prepared in accordance with the 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 {FRS102)
-there 15 fvrther inforniation needed for a proper understanding of the accounts to be reached.
We have no concerns and have come across no other matters in wnnection with the examination to which attention
should be drawn in this report in order to enable a proper understanding of the financial statements to be Teached.
Ruairi Maginn
Daly Park & Co
ny Ltd
Chartered Accountants
4 Carnegie Street
Lurgan
BT66 6AS
Date: 22 May 2023

South American Mission Society (Ireland)
Statement of financial activities
For the year ended 31 December 2022
Unrestrieted Restricted
funds
funds
2022
Total
2021
Total
Notes
Incoming resources
Incoming resources from generating funds:
Voluntary income
Activities for generating funds
Investment income
Other Incoming resources
118,495
2,068
5,480
68,030
186,525 220.435
2,068
15,623
5,480
4,835
33,095
Total incoming resources
126.043
68,030
194,073 273,988
Resources expended
Costs of generating funds..
Fundraising..
cost of goods sold and other costs
Charitable activities
Support costs
1,172
125.565
1,333
1,172
211,125
1,333
345
212,687
1,974
85,560
Total resources expended
128,070
85,560
213,630
215,006
Net incomingl(outgoing) resources
before transfers
(2.027)
(17,530) (19,557)
58,982
Transfers between funds
(10,824)
10,824
Net incomingl(outgoing) resources
for the year before other gains
(12,851)
(6,706) (19,557)
58,982
(Loss)/Gain on investment assets
(22,696)
(22,696)
22,956
Net movement in fund5 for year
(35,547)
(6,706) (42.253)
81,938
Total funds brought forward
391,588
213.697
605,285
523,347
Total funds carried forward
356,041
206,991
563,032
605,285
The statement of fmancial activities includes all gains and losses in the year and therefore a separate statement of
the total recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.

South American Mission Society (IreIand)
for the year ended 31 December 2022
Balance sheet
at 31 December 2022
2022
2021
Notes
Fixed assets
Investtnents
Tangible assets
Current assets
Debtors
Cash at bank and in hand
12
13
172,533
121.143
195.229
1?2.121
14
13,246
?66,915
?.728
291,796
280,161
294,524
Creditors: amoullts falling
due within one year
Net Current assets
15
(10,805)
(6,589)
26
287 935
Net assets
Funds
Restricted income ￿llds
Unrestricted income fjjnds
17
18
206,991
2L3,697
Total funds
The fmancial statetnents were approved by the trnstees on 22 May 2023 and signed on its behalf by
Andrew Forster
Trustee
Mark Lennox
Trustee

South American Mission Society (Ireland)
for the year ended 31 December 2022
Cashflow Statement
For the year ended 31 December 2022
2022
2021
Cash llows from operating activities
-12,121
-25,262
Adjustments for..
Depreciation
978
978
-13,099
-26,240
Movements in working capital:
Movement in Debtors
10,518
1,370
Movement in Creditors
-4,216
2,021
Cash Generated from Operations
-19,401
-29,631
Cash flows from investing activities
Interest received
5,480
4,835
Payments to acquir¢ tangible/investment
assets
-32,937
Net cash generated from investment activities
5,480
-28,102
Net decrease in cash and cash equivalents
Cash and cash equivalents at 01 January 2022
-24,881
-I,529
291,796
293,325
Cash and cash equivalents at 31 December 2022
266,915
291,796

South American Mission Society (Ireland)
for the year ended 31 December 2022
Accounting policies
The principal accounting policie5 are 5ummarised below. The accounting policies have been applied consistently
throughout the year.
1.1. Basis of Preparation
The financial statements have been prepared in accordance with 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 (FRS102) (effective l January 2015)
(Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS102), the Companies Act 2006 and the Charities (Accounts and Reports) Regulations (Northern Ireland)
2015.
In preparing the accounts. the Trustees have considered whether in applying the accounting policies required by
FRS102 and the Charities SORP the restatement of cornparative items was required.
1.2. Incoming resources
All incoming resources are included in the statement of financial activities when the Charity is entitled to
the income and the amount can be quantified with reasonable accuracy. The following specific policies are
applied to particular categories of income..
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement
of fmancial activities when receivable. Grants where entitlement is not conditional on the delivery of a
specific perfonnance by the charity, are recognised when the charity becomes unconditionally entitled to the
grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The
value of services provided by volunteers has not been included.
Gifts donated for resale are included as incoming resources within activities for generdting funds when they
are sold.
Income from investments is included in the year in which it is receivable.
Legacies are included when the charity is advised by the personal representative of an estate that payment
will be made or property transferred and the amount involved can be quantified.
1.3. Resources expended
Expenditure is recognised on an accrual basis as a liability is incu￿ed. Expenditure includes any VAT
which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Costs of generating ￿ndS comprise the costs associated with attracting voluntary income.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and
service5
for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of
indirect nature necessary to support thern.
Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of
disseminating inforniation in support of the charitable activities.
Support costs are those cost5 inCU￿ed directly in support of expenditure on the objects of the charity and
include project management.

South American Mission Society (Ireland)
Notes to financial statements
for the year ended 31 December 2022
1.4. Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated
to write off the cost less residual value of each asset over its expected useful life, as follows:
Land and buildinos
Computer Equipment
Revalued every 3 years
33.30/0 per annum on a straight-line basis
1.5. Defined contribution pension schemes
The pension cosls charged in the financial statements represent the contribution payable by the charity during the
year.
Voluntary income
Unrestrieted
funds
Restricted
funds
2022
Total
Donations from churches / charities
Donations from other organisations
Donations from individuals
Gift Aid on donations
Legacieslother donations
80,516
31,923
4,063
32,044
112,439
4,063
51,681
10,518
7,824
19.637
10,518
7,824
118,495
68,030
186.525
Activities for generating funds
Unrestricted Restricted
funds
funds
2022
Total
Events income- Friday night live
2,068
2,068
2,068
2,068
Investment income
Unrestricted
funds
2022
Total
Income from investment5
5,480
5.480
5,480
5,480

South American Mission Society (Ireland)
Notes to financial statements
for the year ended 31 December 2022
Other Incoming resources
Unrestricted
funds
2022
Total
Grants received
Exchange rate gain
Property revalued
Other income
Fundraising and trading costs
Unrestrieted Restricted
funds
funds
2022
Total
Fundraising events
Investment management costs
1,172
1,172
1,172
1,172
Costs of charitable activities - by fund type
Unrestricted Restricted
funds
funds
2022
Total
Charitable activities
125,565
85,560
211,125
125,565
85.560
211.125
Support costs
Unrestrieted
funds
Restricted
funds
2022
Total
Professional - Accountancy fees
Trustee expenses
Cost of trustees, meetings
1,080
253
1.080
253
1,333
1.333

South American Mission Society (Ireland)
Notes to financial statements
for the year ended 31 December 2022
Gains on investment assets
Investment
costs
2022
Total
Cost of investment- April 2014
Cost of investment- December 2018
Cost of investment- June 2021
60,000
40.000
30,000
60,000
40,000
30,000
Value of investment- 31 December 2022
172,533
172,533
Gain in value
42.533
42.533
10.
Employees
Employment costs 2022
2022
Total
Wages and Salaries {in¢luding Employer's NI)
Employer pension scheme contributions
76.632
83.744
No employee received emoluments of more than £60,000 (2021.. None).
Number of employees
The average monthly number of employees during the year, calculated on the basis of full-time equivalents.
was as follows:
2022
Total
Support Staff (I full-time, 3 part-time)
11.
Pension costs
The charity provides a defined contribution pension scheme in respect of its employees. The scheme and its assets
ale held by independent managers. TPT Retirement Solutions. The pension charge includes payments to that scheme
and to the clergy scheme, plu5 Other contributions paid by the charity as follows..
2022
Penslon charge (including ernployer and employee contributions)

South American Mission Society (Ireland)
Notes to financial statements
for the year ended 31 December 2022
12.
Investments
The trustees purchased £60,000 worth of units in the COIF Charities Investment Fund on 8th April 2014, £40,000
units on 20th December 2018 and another £30,000 worth of units on 3rd June 2021. The value of those units was
£172,533 as at 31 December 2022 (2021.. £195.229).
Land and
buildings
freehold
13.
Tangible fixed assets - Buildings for use by charity
Total
Cost or valuation
At l January 2022
Revaluation
l20,000
120,000
At 31 December 2022
120,000
120,000
Net book value
At 31 December 2021
120,000
120,000
The propety was revalued in 2021 following discussions with the independent examiner. The above valuation
was agreed by the Trustees at the General Council meeting held on 27th September 2021.
Tangible fixed assets - Computer equipment
During 2021 replacement IT equipment was purchased at a cost of £2,937 . The equiprnent is expected to have a
life of at least three years. A depreciation charge of £978 was made for 2022 (2021.. £978). The Net book value of
the cornputer equipment at 31 December 2022 was £1,143 (2021= £1,959).
14.
Debtors
2022
Debtors and prepayments
15.
Creditors: amounts falIing due
within one year
2022
Accruals and defe￿¢d income
16.
Analysis of net assets between funds
Unrestricted Restricted
fund5
funds
Total
funds
Fund balances at 31 December 2022 as represented by..
Investments and Tangible fued assets
Current assets
Cu￿ent liabilities
293.676
73,170
(10,805)
293,676
280,161
(10.805)
206,991
356,041
206,991
563,032

South American Mission Society (Ireland)
Notes to financial statements
for the year ended 31 December 2022
17.
Restricted funds
At
l January Incoming Outgoing
2022
resources
resources
At
31 Decem ber
2022
Transfers
Restricted Funds
213,697
68,030
{85,560)
10,824
206,991
Purposes of restricted funds
The restricted fAmds at the year-end consist of a number of separate individual projects and can be analysed as
follows'.-
Paraguay- St Andrew's School and Annexe
Paraouay - Concepcion
Paraguay - Esperanza
Paraguay - FEISA
Paraguay- Mission Paraguay
Paraguay- Baker/Curtis/HawksbeelProjects
Paraguay - Dioceselprojects
N Argentina- Land rightslGardenltranslation projects
N Argentina- Chaco Church Trust projects
Chile- DioceselPrattlTraining
Team projects
Bolivia, Brazil, Peru, Uruguay
Other projects
258
5,067
29,938
6,196
8,377
2,361
12,611
10,716
92,954
6,061
3,996
16,609
11,847
TOTAL
18.
Unrestricted funds
At
l January Incoming Outgoing
2022
resources
resources
At
31 December
2022
Transfers
Unrestricted undesignated Funds
Designated Funds
332,910
58,678
122.483
3,560
(144.457)
(6.309) (10,824)
310,936
45,105
391.588
126.043
{150,766) (10,824)
356,041
Purposes of unrestricted funds designated
The designated funds at the year-end consist of a few separafr individual projects and can be analysed as
follows'.-
Support for people in mission 42.362
Projects
TOTAL

South American Mission Society (Ireland)
Notes to financial statements
for the year ended 31 December 2022
19.
Approval of Aecounts
These accounts were approved by the Board and authorised for issue on 22nd May 2023.

South American Mission Society (Ireland)
for the year ended 31 December 2022
South American Mission Society (Ireland)
The following pages do not form part of the statutory accounts.
l (I

South American Mission Society Ureland)
Detailed statement of financial activities
For the year ended 31 December 2022
2022
2021
Incoming resources
Incoming resources from generating funds:
Voluntary income
Donations from churches / charities
Donations from other organisations
Donations from individuals
Tax repayment on donations
Legacieslother income
112,439
4,063
51,681
10,518
7,824
110.258
2,388
93,414
14.375
Activitiesfor generalingfunds
Events income
2,068
15,623
Investment income
Income from investments
(Decrease)/Increase in value of investments
5,480
(22,696)
4,835
22,956
Total incoming resources from generating funds
171,377
263,849
Incoming resources from charitable activities
Other income from charitable actÈvjties
33,095
Total incoming resources
Resources expended
Costs of generating funds:
Fundraising trading:
cost of goods sold and other costs
Fundraising events
Events - FNL Friday Night Live
345
Total fundraising trading
cost of goods sold and other costs
Total costs of generating funds
1.172
345

South American Mission Society (Ireland)
Detailed statement of financial activities
For the year ended 31 December 2022
2022
2021
Charitable activities
Investment expenses
Aclivities underlaken dire¢t4J.'
Loss on value of Euro account
1,446
3,732
Investment expenses total expenditure
1,446
3,732
Charitable activities
Activities underlaken directly
Staff - Wages & Salaries (gross)
Staff - Employer Pension costs
Expenditure on Mission Projects
Expenditure on Mission Activities
Office building running costs
Office building repairs & maintenance
Office equipmentlsupport costs
Payroll and other professional fees
Office expenses- Telephone
Office expenses - Printing, stationery & postage
Office expenses - IT Costs
Sundry costs
Banklbank card fees
76,632
7,112
91,695
14,094
741
1,584
987
9,358
1,020
3.817
1,235
769
635
76,531
6,372
100,281
8.003
689
1,176
1,430
8.635
944
3,028
968
248
647
Charitable activities total expenditure
209 679
208 955
Total charitable activity expenditure
£211,125
£212,687
Governance costs
Activities under(aken directly
Ind¢pendent Examination fees
Trustee expenses
Office Expenses - other
Cost of trustees, meetings
Bank charges & fees
Other charges
1.080
253
1,080
894
1,333
1,974
Support costs
Loss on revaluation of propety
Total governance costs
£1,333
£1,974
Net (outgoing)/incoming resources for the year
£(42253)
£81,938