**COMPANY REGISTRATION NUMBER: NI635301 CHARITY REGISTRATION NUMBER: 103832**
## **Dorcas Ministries International Company Limited by Guarantee**
## **Unaudited Financial Statements**
**31 December 2024**
## **Dorcas Ministries International**
## **Company Limited by Guarantee**
## **Financial Statements**
## **Year ended 31 December 2024**
||**Page**|
|---|---|
|Reference and administrative details|**1**|
|Trustees' annual report (incorporating the director's report)|**2**|
|Independent examiner's report to the trustees|**3**|
|Statement of financial activities (including income and||
|expenditure account)|**5**|
|Statement of financial position|**6**|
|Statement of cash flows|**7**|
|Notes to the financial statements|**8**|
## **Dorcas Ministries International**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)**
## **Year ended 31 December 2024**
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 December 2024.
## **Reference and administrative details**
**Registered charity name** Dorcas Ministries International **Charity registration number** 103832 **Company registration number** NI635301 **Principal office and registered** 38 Owenskerry Lane **office** Fivemiletown Co Tyrone BT75 0SP Northern Ireland
**The trustees**
Rev Campbell Mr Campbell Mrs Johnston Rev Russell Mr Whittaker **Company secretary** Rev Duane Russell **Independent examiner** George Johnston 19 Inishmore Road Gola Lisbellaw Co Fermanagh BT94 5DP
## **Structure, governance and management**
The organisation is operated as a Company Limited by Guarantee. It’s governing document is it’s Memorandum & Articles of Association dated 9th December 2015. The organisation is managed by the Trustees. The operating activities of the charity are mostly carried out or organised by two non-trustee managers.
**1**
Dorcas Ministrles International
Company Limited by Guarantee
Trustees, Annual Report (Incorporaling the Director's Report) (wilinu•J)
Year ended 31 December 2024
Objectives and activities
The Charity's objects ("Objects') shall be undertak¢n in accordance with a Christian ethos and aTe
specifically restricied th ihe following..
(a) For the lief of poverty. sickness. disease or human suffeTing, the advancement of education and
thc relief of those in need in Kenya and its environs in Afri¢a by. in particular bui not exclusively, the
provision, or assistance in (he provision, of schools. IKK>ks. orphanage5. financial assisianee, mcdica]
supplies, feeding programmes, huJnan1Ia aid. equipment, clothing and by any other m¢ans as ihe
directors shall Consider appmpriate'(b) To advance religion by promoting the theological and spiritual
training of potential leaders of the churcbes of Africa and working in conjunction with the Christia
theoloCal institutions in Aftic&
Strateglc report
The following sections for achievements and Ferfonnance and financial review forni the stTategic report
of the Ch1¢Y.
Achievemenls and perfornw
The Charity, in conjunction with its sister charlty. Ikjwas Missionary TrnsL continued to achieve ir's
goal of using donations received io assist ID the theological training al educational & orphanage
nding An Africa.
Financial rewieiv
The Trnsi¢es consider thai the charity is oper*ing sm(Kbthly. MO subsrantial costs aTe dIre1103ry
and depend on income available. As such the Trnstces deem thai the Icvel of funds held in the bank on
reserve at the end of the year as being within the thrget rdnge io meei its financial aims.
The trustees, amiual Tewbrt and the stya*gic report We approved on 13
on beha]f of the board of trustees by:
and gigned
Rev Campbell
Trnstee
Mrs Johnsion
Trus*e
## **Dorcas Ministries International**
## **Company Limited by Guarantee**
## **Independent Examiner's Report to the Trustees of Dorcas Ministries International**
## **Year ended 31 December 2024**
I report to the trustees on my examination of the financial statements of Dorcas Ministries International ('the charity') for the year ended 31 December 2024. Which are set out on pages
## **Respective responsibilities of charity trustees and examiner**
As the charity trustees (and also the directors of the company for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the charity is not subject to audit under company law, and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 65 of the Charities Act
- follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act.
- state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe:
1. That accounting records were not kept in accordance with section 386 of the Companies Act 2006.
2. That the accounts do not accord with those accounting records.
3. That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the 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.
4. That there is further information needed for a proper understanding of the accounts to be reached.
**3**
Dorca8 Mlnlstrles Iniernatlonal
Company Llmlt•d by Guarante•
Independenl Examlnor's Report lo Ihe Tnwie•• of Dorca8 Mlnl•trle•
Internaiional 1•x)
Year ended 31 December 2024
Independent tx•mlner's sL91emtnt
I huve Lompleicd my exuminaiion und hpvc no L¢m5 in r¢gpc¢l uf Ihe maticrs (l ) to141 limed
#nd. In LvnncLiion with lullowing Ihc Dirt&ii(>n% ihe Chorii), cvmm1&%i North¢rn IrclllTrJ. I h4vc
found M mai* that require drnwing lo your thenliTri.
George Johnilon
19 Iniyhmore Road
Gol
LI%11uW
Ci) Fermdn&8h
BIY)4 SDY
Dal¢d
## **Dorcas Ministries International**
## **Company Limited by Guarantee**
## **Statement of Financial Activities (including income and expenditure account)**
## **Year ended 31 December 2024**
|**Note**
**Income and endowments**
Donations and legacies
**5**
**Total income**
**Expenditure**
Expenditure on raising funds:
Costs of raising donations and
legacies
**6**
Expenditure on charitable activities
**7,8**
**Total expenditure**
**Net income and net movement in funds**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**2024**
**Unrestricted**
**funds**
**Total funds**
**£**
**£**
187,489
187,489
187,489
187,489
-
-
173,639
173,639
173,639
173,639
13,849
13,849
10,072
10,072
23,921
23,921|**2023**
**Total**
**funds**
£
92,255
92,255
-
86,069
86,069
6,185
3,886
10,072|
|---|---|---|
**The notes on pages 8 to 14 form part of these financial statements.**
**5**
Dorcas Mlnislrles International
Company Limited by Guarantee
Statement of Financial Posilion
31 December 2024
2023
Note
cUrt assets
Debtor5
Cash at bank and in hand
12
20,840
3,081
5,690
4,382
Net turrent &fsets
23,921
10,072
To¢al assets le&8 curren¢ Ilabllltles
23.921
10.072
Creditors: amounts C8]ling due after more than one
year
13
Net assets
23.921
10,072
14mds ofthe eh*rtty
Ullrestricted funds
23,921
10.072
Totsl charity funds
14
23.921
10,072
For the year ¢nding 31 DecemEtr 21n4 the charity was entitled to exemptton from audit under section
477 of the Companies Aci 2(Kkn relaling w small coJnpanies.
Directors, responslbiltti.
The members have nol required the company to obtain an audit of its financia] Smertts for the
yeor in question in accordance with section 476.
The direciors xknowledge their reSnSIbilItieS for complying with the r4uirements of the Act
with respect to accounting records and the preparntion of financial s(atements.
These financial slaternents have E*en prepared in a¢coTdMnce with tkn provisions applicable to
companies subject to the small companies. regime.
Th¢sc
zz
Inancial statemenis were approved by th¢ b0d of trustees and authorised for issue on
and are signed on behalf of the Erfwd by:
Helth ¥ts kr4$ èon
Rev Campbell
Trustee
Mrs Johnston
Tnisiee
Thé not88 on pages 8 to 14 fomi part of th•sè ffinancial staternents.
## **Dorcas Ministries International**
## **Company Limited by Guarantee**
## **Statement of Cash Flows**
## **Year ended 31 December 2024**
|**Cash flows from operating activities**
Net income
_Adjustments for:_
Accrued expenses
_Changes in:_
Trade and other debtors
Cash generated from operations
Net cash (used in)/from operating activities
**Net (decrease)/increase in cash and cash equivalents**
**Cash and cash equivalents at beginning of year**
**Cash and cash equivalents at end of year**|**2024**
2023
**£**
£
13,849
6,185
-
-
(15,150)
7,128|
|---|---|
||(1,301)
13,313|
||(1,301)
13,313|
||(1,301)
13,313
4,382
10,111|
||3,081
4,382|
**The notes on pages 8 to 14 form part of these financial statements.**
**7**
## **Dorcas Ministries International**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements**
## **Year ended 31 December 2024**
## **1. General information**
The charity is a public benefit entity and a private company limited by guarantee, registered in Northern Ireland and a registered charity in Northern Ireland. The address of the registered office is 38 Owenskerry Lane, Fivemiletown, Co Tyrone, BT75 0SP, Northern Ireland.
## **2. Statement of compliance**
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', 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 (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.
## **3. Accounting policies**
## **Basis of preparation**
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **Going concern**
There are no material uncertainties about the charity's ability to continue.
## **Judgements and key sources of estimation uncertainty**
The Company assets and liabilities are based on specific calculations with the exception of it's accrual for accountancy. The accountancy accrual has been estimated in conjunction with the accountants.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
**8**
## **Dorcas Ministries International**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2024**
## **3. Accounting policies** _**(continued)**_
## **Incoming resources**
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
- legacy income is recognised when receipt is probable and entitlement is established.
- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
## **Resources expended**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
- expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
**9**
## **Dorcas Ministries International**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2024**
## **3. Accounting policies** _**(continued)**_
## **Financial instruments**
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
**10**
## **Dorcas Ministries International**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2024**
## **4. Limited by guarantee**
The liability of each member is limited to £1, being the amount that every m,ember of the Company undertakes to contribute to the assets of the Company, in the event of the same being wound up while he or she is a member, or within one year after he or she or it ceases to be a member, for payment of debts and liabilities of the Company contracted before he or she or it ceases to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributories among themselves.
## **5. Donations and legacies**
|**Donations**
Donations direct from Members of the
Public
Donations from Dorcas Missionary Trust|Unrestricted
Funds
**Total**
**Funds**
**2024**
Unrestricted
Funds
Total
Funds
2023
£
**£**
£
£
187,489
**187,489**
89,001
89,001
-
**-**
3,254
3,254|
|---|---|
||187,489
**187,489**
92,255
92,255|
## **6. Costs of raising donations and legacies**
|**Costs of raising donations and legacies**||
|---|---|
|Costs of raising donations and legacies -
Donations|Unrestricted
Funds
**Total**
**Funds**
**2024**
Unrestricted
Funds
Total
Funds
2023
£
**£**
£
£|
||-
**-**
-
-|
## **7. Expenditure on charitable activities by fund type**
|Activity type 1
Support costs|Unrestricted
Funds
**Total**
**Funds**
**2024**
Unrestricted
Funds
Total
Funds
2023
£
**£**
£
£
169,558
**169,558**
73,275
73,275
4,081
**4,081**
12,794
12,794|
|---|---|
||173,639
**173,639**
86,069
86,069|
**11**
## **Dorcas Ministries International**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2024**
## **8. Expenditure on charitable activities by activity type**
|Activities
undertaken
directly
Support
costs
£
£
Activitytype1
169,558
4,081
Governancecosts
-
-
169,558
4,081
**Independent examination fees**
Fees payable to the independent examiner for:
Independent examination of the financial statements|Activities
undertaken
directly
Support
costs
£
£
169,558
4,081
-
-|**Total funds**
**2024**
Total
fund
2023
**£**
£
**173,639**
73,275
**-**
12,794|
|---|---|---|
||169,558
4,081|**173,639**
86,069|
|||**2024**
2023
**£**
£
-
-|
|||-
-|
## **9. Independent examination fees**
## **10. Staff costs**
The average head count of employees during the year was Nil (2023: Nil).
No employee received employee benefits of more than £60,000 during the year (2023: Nil).
## **11. Trustee remuneration and expenses**
No remuneration was paid by Dorcas Ministries International to any of its Trustees throughout the year ended 31st December 2024.
## **12. Debtors**
|Other debtors
**3.** **Creditors:** **amounts falling due after more than one year**
Creditors
Accruals
Accruals and deferred income|**2024**
2023
**£**
£|
|---|---|
||20,840
5,690|
||**2024**
2023
**£**
£
-
-
-
-|
||-
-|
## **13. Creditors: amounts falling due after more than one year**
**12**
## **Dorcas Ministries International**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2024**
## **14. Analysis of charitable funds**
|General funds
General funds|At
1 January
2024
Income
Expenditure
**At 31**
**December**
**2024**
£
£
£
£|
|---|---|
||10,072
187,489
(173,639)
23,921|
||At
1 January
2023
Income
Expenditure
At 31
December
2023
£
£
£
£|
||3,886
92,255
(86,069)
10,072|
## **15. Analysis of net assets between funds**
|Current assets
Creditors less than 1 year
**Net assets**
Current assets
Creditors less than 1 year
**Net assets**|Unrestricted
Funds
**Total**
**Funds**
**2024**
£
**£**
23,921
23,921
-
-|
|---|---|
||23,921
23,921|
||Unrestricted
Funds
Total
Funds
2023
£
£
10,072
10,072
-
-|
||10,072
10,072|
**13**
## **Dorcas Ministries International**
## **Company Limited by Guarantee**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2024**
## **16. Financial instruments**
|||**2024**|2023|
|---|---|---|---|
|||**£**|£|
|**Financial assets that are debt instruments measured at amortised cost**||||
|Financial assets that are debt instruments measured at amortised cost||23,921|10,072|
|**Financial liabilities measured at amortised cost**||||
|Financial liabilities measured at amortised cost||-|
-|
|**7.** **Analysis of changes in net debt**||||
||At
1 Jan 2024|Cash flows|**At**
**31 Dec**
**2024**|
||£|£|**£**|
|Cash at bank and in hand|4,382|
(1,301)|3,081|
## **17. Analysis of changes in net debt**
**14**