Registered Charity llumber: NIC 103806 HMRC number: XR67448 The South American Mission Soeiety (Ireland) Trustees, report and financial statements for the year ended 31 December 2023 South American Mi55ion Society (Ireland) Contents Page Leual and adininistrativc information Trustees report Ii)depeiident examiners, reporc Statenient offinancial activities Balance 81iect Cash flow Siateinent Notes lo the financial statements 9-15 South American Missiom Society (Ireland) TJegal and administrative information Charity number 103806 (HMRC Ref.. XR67448) Business address I Irwin Crescent Lurgan County Arnugh BT66 7EZ Trustees MrNoel Boyd Ven. Elizabeth Cairns Rev. Dorothy Dullwoody Mrs Judith Finch Ri. Rev. .4ndrew Forster- Chaitpers011 lo Septernber 23 Mrs Helen Groves (from September 2023) Rev. Graham Hare (from September 2023) Mrs Alison HutchillSOD Rev. Peter Jones- Chairperson From Septcmber 2023 Rev. Mark Lennox Rev.Stephen MeElhittriey- Mission Director Mrs Gillian Lyiiii- Adinii)islralor Miss Claire Holmes- Mission Dev¢lopment Officer Miss Julie Allen- Administrator (lo September 2023) Accountants Daly Park & Company Ltd 4 Carnegie Street Lurgan Counry Am]agh BT66 6AS Bankers Ulster Bank 14-16 Market Stt¢el Lurgan Co Armagh BT66 6AP South American Mission Society (Ireland) Report of the trustees for the year ended 31 December 2023 TIIL. tnistLCS present Iheir-InisiLes' Annu'll Rcpoll. conibining the DireLtors' RLPOrt Lind thc TrLESties' Rcport under Èl)c CharitiLs SORP in aLL4)rdanLe ￿1th ALLounting and RLponing by Chariiics '. St¢1tcmeni of RLLomm¥nded Pi"aLIiLL appliLablc io ihaririis i)rcparinLT tliiir aLioiints in aLLOI-dance ivith the Fini)llLi¢il Repoi'ting Sicindird ippliuablL in tlic LK dind R¢publiL of l¥cliind (FRS I O?) {cffeLiiv¢ l Janiiary ?01 i) - IL liaritlC> SORP IF RS I O?}I. tlic P'iiieria. all t)r IrLlai)d and Great Britain. South American Mission Society (Ireland) Report of the trustees for the year ended 31 December 2023 llltroductlon The following report piovidcs an overvÉ¢w of the achievements and perforn)ance of the South Amcrican Mission Society Ireland during the year 2023. Tknoughout the y¢ar, SAMS keland continued its nEISSion to work in partheiship with tiic local church in Ireland and various Countries in South America, paiti¢ulaily in Argentina, Chile. Bolivia. Paraguay? Uruguay, alld Peru. The socicty remai1￿ Committed to fostering meaning￿1 relationships, fa¢ilitatiTEg mutual support, and advancing the gospel of Jesus Chiist through practical ndcavours. Achievements and performance Annual ¢onf¢r¢n¢¢ Friday Night Live Relocation.. The relocation of the Friday Night Live event lo Annaghmore Parish provided an opporthnity for enhttDced collaboration and fellowship. The event, themed "Enlarge alld Expanil" was well-received and strengthened lies to mission tn South America as well as welcoming several Chilean clergy. 2. Mission Director Visit5= Tlie MI ission Director's visits to Pen]. Bolivia, and Chile in February and March marked the reeslablishmcnt of vital link5 following disruptions caused by the pandeinie. Faee- to-face interactions emphasised the importance of personal Telatt"onships in gospel mission. 3. FUSION Volunteer Program.. SAMS bid farewell to a valued volunteer from Paraguay who i¥&s based in Sligo while welcoming 8 new volunteer from Chile who has been volunteering in Lisburn (Connor Diocese). These connections serve as a bridge between Church of Ireland parislies and overseas churches, fostering mutual undL'rbianding &nd support. 4. Trtbute to Retired Treasvr¢r: In March. the funernl of retl￿d Southern Treasurer Felix Bleiinerl)asseli setycd ¢iS a poignaTtt retninder of the dedication. faithfuliie55 and sacrifice5 made by volun*ers in furthering the society's mission. Indigenous Church Network.. The Mission Development orricer's (MDO) coiitiibution to the fornialion of an Indigenous Church Network in Soiith Americ& via Zoom undeiscorcd SAMS'S commiuneiit to empowering local cotnmunTlies. 6. Sunday School Resouice Developinent.. SAMS MDO collaborated with PeE)ny de Marces in Peru to develop Spanish Sunday 5¢hool resources, enriching cduLational opportunities foi church ¢ommuniiies. 7. Church Meetings in Ireland.. SAMS i¢pi¢sentativ¢s traveled to various church meetings in Ireland, offeiing encouragement end support to Ioc81 congregations engag¢d in mission activitie5. 8. Membership in Association of Mission Societies: SAMS demonstrated its eornmitmenl to the wftder hurch by maiiitaining evolvemeTht in the Association of Mission Societies (AMS). participating in eveiits such as Ibe Chiii'ch of Ireland Gener81 Syttod in Wexford. Diocesan Links-. SAMS Helped lo facilitat¢ the development of new diocesan liiiks between Santiggo Diocese, Chile, and Down and Dromore Diocese, here in Irelan& fostertng muttTal learning and collaboration. We are deeply grate￿7 for those who serve on Gen￿al Council {l￿Stee5}, in a voluiilary capa¢ity giving theiT time. wisdom and Cpcrgy iii the cause of mission. Bishop Andrew Forsl¢r. wlio continues as a trustce. r¢tired as chair of thc SANIS Council and was su¢ce¥ded by Rev Peter Jones iii mid 2023. Mission Director, Rcv Stephen McElhinTrey continues tn his role. As SAMS AdTninistrative and Comniunicaliolls Cooidinalor, Mrs Gillian Lytsn retrurned from matcrnity Icave in August 2023. W¢ were gt&teful for th¢ s¢rvic¢s of Juli¢ Allen who h&s assisted during the maternity peillod. Both staff and Council are thankful for Mr Phil Tadmatt who provides valuable and diligent oversight of the finanees of SAMS Ireland. Billy Blair arjd his wife Laura continue to open their hearts and home to SAMS volunteers from South Amcriea. SAMS Ir¢l&lld has an iTtlergcnernlional feel to it with a strong support bÉise in inany local churches and generous praying individual 5UPPOrters. Finally, to all who Iiave served and who are serving in tlie SAMS Ireland family we say a very Sincere thank you. Soutli AmericaD Mission So¢iet}' (Ireland) Report of the trustees for the year ended 31 Dcccmber 2023 *lnRncAal revi￿¥ The charity's funds &n¢re3sed by Eil,704 during 2023 tollowuig a decjeasi 01£4? 253 duisngy 2022. Th￿ iva5 pri]i]ate surplus hqujd fuiJd5 in shoi"I lgrrt) dcp05iis, ii.lii¢ii can be a¢¢¢ssed roadily. The Irusicr5 cufT¢nily reiaiii £130.000 in die COIF Chorities llivc5lr￿£lil Fuiid, managed by CCLA Investment inan48eYs, the value ofivhich was £188,65i at 31 Decembet 20?3 {?022.. £17? i33}. Statement of trustees, re5POtJsibiliti¢s Thc trustces aEe responsible for Pl¢PUEinS th¢ Tru5te¢5' Atmllal Report and tli¢ fiiiancial 5tatC5nCiit5 10 acco¥dan¢¢ with applicabl¢18w and Uiiiled KingdtsEn Accoiintinv Standards {Ui)iied KiT)¢tdom Generally Gccpiul Ac¢ounliiig Practjce) Law applicable to cl)arities in Northern Ireland requir¢s the trustees lo prepaie fiD)iitial sraiertieTrti foE tach ftnan¢iAI Y￿ar iyhich ￿:ve g twe and f21r viciv DfchJrity and of the incoming resourtes znd Epplicalion of resourLfS of Ilie cliarit!. for tllat year. In piepatijig IlJ¢se financial si￿1e1￿¢1Ils Ihe Iruslees %llC iequired io. selkcl suiiablc 3e¢ountsThLT policics and Itien apply theni consistcntls,: ob5erye the methods <¢nd prÈnciples in tlic Cbariti¢s SORP. nulie jUdge1￿¢1]IS and e51im47tes Ihal are rc3son•blc and P￿￿ent Starc wh¢thcr The Chariiies SOR2 {Updated January 20151 has been fglloiv¢d. 5ubjecT to aoy material departure5 di5clos¢d aud explained ill the fiTrancial slateni¢i3t5' ajid preptsTC ili£ fjnancial stratemeEJts on the goingconcern basis unless Ir is in&ppropriatc lopre5umc th31 Ihc charity will continue in Dperaiion. Th¢ (rnstces arc ￿sponSEb1¢ for keepiiic> proper 8cGouritiDg I¢￿r￿S which disclose ivith rca50llabl¢ accurncy at I ny time lh¢ financixl position of the chariry and enable thcni 10 ensure the rtnaTrciir I stoTrfeTnenTs cornply witli applicablc Izw. They 2r¢ also responsible foF saleguarding the assets of the chirily aftd:)eiice for lakijio r£4sonable sleps for the prevenlioii and detection of fraud and othei itregularilies On beh21f of Ili¢ botrd PclL"r Jones Trustee I lark Lennox Trustee