Charity registration number NIC105515 Company registration number N1038083 (Northern Irelandl FRONTIERS IRELAND ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FRONTIERS IRELAND LEGAL AND ADMINISTRATIVE INFORMATION Diroctors Miss R Baxt8r MrDWBest Dr S A Rodgérs Mrs S E Clarke (Appointed 3 June 20241 Secretary Mr R McKay Charity number NIC105515 Company number N1038083 Prlnclpal address 1st Floor 623 Lisburn Road Belfast BT9 7GT Registorod office 1 st Floor 623 Lisburn Road Belfast BT9 7GT Independent examiner GMCG LISBURN Century House 40 Crescent Business Park Lisbum BT28 2GN Bankers Bank of Ireland 364 Lisburn Road Belfast BT9 6GL Solicitors Maccorkell Legal & Commercial Ga￿eY Studios 8-10 Longstone Street Lisburn Co Antrim BT28 1TP FRONTIERS IRELAND CONTENTS Page Directors. report Independent examinerfs report Statement of financial activities ststement of financial position Notes to the financial statements 9-19 FRONTIERS IRELAND DIRECTORS. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The directors present their annual report and financial stalements for the year ended 31 March 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 and 'Accounting and Reporting by Charities.. Statement of Recornmended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)" (effective 1 January 20191. Objectives and activities The charity's object are the advancement of the Christian faith. The dir8Ctors have paid du8 regard to guidance issued by the Charity Commission in deciding what activities the charity should undertak8. Achlevements and performance This year we are again encouraged at the impact of our work under the gracious hand of God and through the prayers of his people. We are deeply indebted to our founding Chairman, HLJgh Mccormick. who stood down after 23 years of service as Chairman of the Board. It has been a privilege to have David Best succeed Hugh in this role, bringing fresh expertise into the role. We had the joy of s6nding a single lady to the Arabian Gulf to serve for a year on a church planting team. She carne from one of the first churches to be involved in our 'Pray for Thity, initiative to see 30 churches send out 30 workers over the next 3 years. It was a real blessing to see her sent out from her church on the North Coast. which was very supportive of her during her time there. During her time away, we were able to arrange a pastoral visit lo her, her team 8nd some of our international personnel there. We were also able to bring a prayerlworship team out during the year, with a group of young adults who were really impacted by seeing life in a different culture and ministry in a very different setting. Another family from Dublin, hoping to seNe with us overseas, were able to find a n8W team during the year, after the previous potential team leader no longer being able to take them on. The couple were able to visit a different city within the same country in North Africa and God-willing, they will sign the team's Memorandum Of Understanding in the new operating year in April 2024, once one or things are finalised. They hope to be commissioned in December 2024 and move to North Africa in January 2025. In October 2023. the Sending Base Dir8Ctor was able to join a te8m from a church which was trav811ing to visit some of our other workers in North Africa. This was a real blessing to be able to not only visit them, but also visil several of the projects which we have supported financially and prayerfully over the years. We were also able to visit a new team which is located in another town farther south of our workers. They hope to launch their own new team in September 2024. W8 w8r& able to visit a rural project which provides schooling for a minority community, and several other projects as well as a local medical clinic, where our workers have been serving now for 10 years. They will treat 700 women during any given year, with pre-natal and post-natal care. They provide this servic8 with the greatest of care to the least and the greatest alike without favour. The work was recognised this year on World Women's Day with a special presentation. The team was able to provide humanitarian aid to rural villages during a recent crisis, providing basic food supplies at a time of great need. It was so exciting to hear later in the year of the first fruits of faith among the people group they serve. Peopl8 had come to faith through personal witness, through media, through the humanitsrian aid in two differ8nt projects. This is a real spiritual breakthrough in this area among this people group. This has been such a joy to experience and is such an encouragement to workers who have been there for a long time. It is a reminder to us that God is always at work. even if the work he is doing remains unseen for a period of time. It is also a b16ssing to all those who have prayed from a distance and those who have come to pray over the years for this work and for this people group. FRONTIERS IRELAND DIRECTORS. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Not only in North Africa did we see first fruits, but also in SE Africa. Our team there saw several people come to faith among a minority Muslim people group, who are very poor. Not only did they see people come to faith, but also take the step of baptism, which is a particulady vital step for any believer. but particulady so in a Muslim context. The bible studies c£sntinue and have been growing in numbers. There are still no women who have come to faith, and that is a matter of prayer. We were able to fund several more water boreholes, which will make a huge difference to the wellbeing of four communities of 600-1000 people. This also provides access for sharing the good news of Jesus. In July 2023 there was a month of prayer for the people group, using a pray guide that was commissioned by our office, and written by field workers. to give it an authentic flavour. It has been very well received and was a tremendous way for people to pray in different parts of the world at the same time. The fruit of those coming to faith followed the prayer several months later. The success of the prayer month has encouraged the team to ty it again in June 2024. Back home. in support of churches across the island of Ireland, we produced and published the second of Ihe Pray for Thity prayer booklets on Thity Cities. These are 30 key cities across the Muslim wodd, which are in need of workers and in need of much prayer. It has been exciting to see this new resource of churches fill a gap in enabling churches to pray for cities anywhere, but especially in the Muslim world. With a majority of people now living in cities. it is important that we prepare churches and furnish them with the material to be able to encourage their congregations to be able to pray intelligently and in an informed way. for cities across the globe, whether Muslim or otherwise. We were delighted to see new churches joining the Pray for Thity initiative this year. One of our goals this year was to see new connections and relationships estsblished in the Republic of Ireland. It has been encouraging to see the way God has opened up new opportunities for us this year. Our involvement in the Irish Mission Agencies Partnership {IMAP) also helps us in this regard. The SBD is currently the secretary of the Executive Committee for IMAP. This is a way for us to invest into the partnership which is a real blessing to the church in Ireland in processing gifts for missionaries. As we will be sending a couple from a Dublin ChU￿h next year, we have also been building relationships with them as a sending church. One of the 5 key goals of the new International Director Team of our global organisation is to see the next generation raised up. Part of the way we are tying to ernbrace that is through our initiative to partner with several like-minded organisations in Nl. called Global Disciples, to bring together each of our connection of young adults, to collaborate together. to be able to offer more as a combined group. The quartedy events have been a real success. hearing from workers, using multicultural worship and various other innovative ways to inspire them for mission. As part of our commrf(ment to the wider world of mission, one of our stsff is involved in the financial administration of the Grounthork event. This is a global annual prayer event. with Ihis year over 1,000 people gathering to pray on behalf of the nations. We offer this as a service to the organisers to bless this important and growing ministy. Both these field situations, in North Africa and SE Africa. fomied a core of our Days of Prayer at the office. We invited supporters to come and pray for an hour in the prayer room at the office from 8am - 8pm. We also had times of corporate prayer and we would nomally inwte someone to speak via zoom at those times. This provided a real connection between those serving overseas. their team colleagues and the supporters here. We covered different people groups, countries and themes over the year. This year we saw a record amount of project funding, with over £100.000 coming in from various sources. These funds enabled us to support our own field workers, but also enabled us to contribute significantly to several humanitarian crises as well. We are very grateful to individuals, churches and Trust Funds for supplying the finance to enable us to pass on these fvnds to bless those in need and to see the exiension of God's kingdom. We are able to receive funds not only for our own workers, but also on behalf of other workers with links to the island of Ireland. This means that we are able to leverage significant funding through our small office operation, adding value to the wider mission endeavour globally. We also saw an increase in our total income this year which is encouraging. FRONTIERS IRELAND DIRECTORS, REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 We have approach8d a number of people about joining the Board, but we have not had any success, due to significant other involvement or timing issues. We will continue to pursue this as a matter of priority. The Sending Base Director notified the Board in January 2024, that it is his intention to stand down in March 2025 aft8r the completing of 25 years of servi￿, God willing. The Board has begun a sU￿Ssion process. Finan¢lal revlew The results are set out in detail on pages 7 to 19. The company returned net outgoing resources for the year of £12,380 {2023 - £7,265 net incoming resources). unrestricted funds of £224,91912023 - £227,520) and restricted funds of £46,61912023 - £56,398). The unrestricted funds are required to provide sufficient funds to cover any unforeseen costs which may arise and fulfill legal obligations of the charity in the evènt that current levels of income are not rnaintained. It is the policy of the charity to maintain sufficient unrestricted reserv8s as are consistent with th8 ongoing financial requirements of the charity- The directors has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. Plans for the futuro We plan to recruit new workers to serve overseas. We plan to build on progress in building relationships with churches across the island of Ir8land. We plan to recruit more churches for the Pray for Thity initiative. We plan to speak in churches and to attend the main rnissions convention in Bangor and other conferences as appropriate. Training will be provided for these church&s during the year. W& will write, design and publish a prayer guid8 called Pray for Thity.. Unreached Peoples. We plan to offer vision trips to th8 churches involved in Pray for Thity. We plan to run monthly days of prayer in our prayer room for supporters. We plan to continue our regional prayer groups. We plan to commission a couple from Dublin in Dec8mber 2024, to serve in North Africa from January 2025. We plan to appoint a new Sending Base Director, as the founding Director will complete his seNi¢e after 25 years on 31 March 2025. We will pul in place a succession plan to ensure a good appointment, a smooth lead8rship transition and review staffing and developmental needs. We plan to celebrate the 251h anniversary of the Irish Sending Base in March 2025. We plan to appoint at least one new director for the Board. W8 plan to provide member care for our own workers and also provid8 funding for member care at intemational regional conferenc8s. We plan to secur8 funding for a longstsnding clinic in North Africa and for four water bor8holes in SE Afn'ca. We plan to secure new funding partn8rs and source fvndraising expertlS8 to develop new opportunities. We plan lo play an active role on both mission partnership bodies in Nl and Ireland 18 MAP and IMAP FRONTIERS IRELAND DIRECTORS. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Structure, governance and management The charity is a company limited by guarantee incorporated on 8 March 2000 and registered with the Inland Revenue on the same date. The charitable company is govemed by its Memorandum and Articies of Assoaation. The company is not for profit and limited by guarantee, the liability of the members is limited to £1. The organisation is govemed by its Board of Directors who meet regularly. The d1￿CtorS who served during the year and up to the date of signature of the financial statements were.. Mr H Mccorniick (Resigned 20 June 2023} Miss R Baxter MrDWBest Dr S A Rodgers Mrs S E Clarke (Appointed 3 June 20241 New directors are appointed by the members of the charity at the annual general meeting. All directors are required to participate in training relating to good govemance and directors are regulady updated on legislation that impacts upon the running of a charitsble organisation e.g. recent changes in legislation introduced by the Charities Commission and the GDPR. The Board of Directors oversees the work of the Sending Base Director, who in tum is responsible for the volunteers. The Sending Base Director is not a director under Company Law. Frontiers Ireland is affiliated to the Frontiers ne￿Ork woddwide. Key Management Personnel Remuneration The Board consider the board of directors and the chief executive as comprising the key management personnel of the charity in charge of directing and controlling the charity and running and operating the charity on a day to day basis. All board members give their time freely and no board remuneration was paid in the year. Board members are required to disclose all relevant conllicts of interest and register them at each monthly board meeting and in accordance with the Trust's policy, withdraw from decisions where a conflict o* interest arises. This report has been prepared in accordance with the provisions applicable to companies enti￿ed to the small companies exemptions. The directors, report was approved by the Board of Directors. MrDWBest Director Drs Rodgers Director Dated= Dated.. FRONTIERS IRELAND INDEPENDENT EXAMINER'S REPORT TO THE DIRECTORS OF FRONTIERS IRELAND We report to the directors on our examination of the financial statements of Frontiers Ireland (the charity) for the year 8nded 31 March 2024. Respe¢tlve responsibilities of trustees and examlner As the trustees of the charity land also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requir8ments of the Companies Act 2006. Having satisfied ourselv8S that the charity is not subj8Ct to audit under company law, and is eligible for independent examination, it is our responsibility to.. examine the accounts under section 65 of the Charit18s Act {Northern Ireland) 2008- follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 6519llb) of the Charities Act.. and stste whether particular matters have come to our attention. Basis of Independent examiners, report We have examined your charity accounts 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 Northern Ireland under section 65{9)Ibl 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 includes consideration of any unusual items or disclosures in Ihe accounts, and seeking explanations frorn you as charity trustees concerning any such matters. Our role is to stale whether any material matters have come to our attention giving us cause to beli8ve-. that accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006., that the financial stat8ments do not accord with those records.. that the accounts do nol comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of thè Charities Ststement of Recommended Practic8 applicable to charities preparing their accounts in accordance with the Financial Reporbng Standard applicable in the UK and Republic of I￿land., that there is further inforrnation needed for a proper understanding of the accounts to be r8ath8d. FRONTIERS IRELAND INDEPENDENT EXAMINER'S REPORT {CONTINUED) TO THE DIRECTORS OF FRONTIERS IRELAND Independent examinerfs Statement Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. We can confirm that we are qualified to undertake the examination because we are a registered member of Chartered Accountants Ireland which is one of the listed bodies. We have completed our examination and have no con￿M$ in respect of the matters (1) to {4} listed above and. in connection with following the Directions of the Charity Commission for Northem Ireland, We have found no matters that require drawing to your attention. GMCG LISBURN Chartered Accountants Century House 40 Crescent Business Park Lisburn BT28 2GN Dated.. LL7 FRONTIERS IRELAND STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestrlcted RestrI￿ed funds funds 2024 2024 Total Unrostrlcted Restricted funds funds 2023 2023 Total 2024 2023 Notes Income and ondowments from: Donations and legacies Other income 95,313 1,190 216,999 312.312 1,190 98.158 908 188,553 286,711 908 Total income 96.503 216,999 313.502 99,066 188,553 287,619 Expendilure on: Charitable activities 99.178 226,704 325,882 106,757 173,597 280,354 Totsl oxpondlture 99,178 226,704 325,882 106,757 173,597 280.354 Nel Incom8llexpendlture> {2.6751 19,705} (12,3801 {7.6911 14,956 7,265 Transfers betW8&n funds 11 74 174) (549} 549 Net movomont in funds 12.601) {9,7791 (12,380) 18.240) 15,505 7,265 Reconciliation of funds: Fund balances at 1 April 2023 227,520 56,398 283.918 235,760 40,893 276,653 Fund balances at 31 March 2024 224,919 46.619 271,538 227,520 56,398 283,918 The statement of finanaal activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. FRONTIERS IRELAND STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2024 2024 2023 Notes Fixed assets Tangible assets Current assets Debtors Cash at bank and in hand 12 186,945 191,779 13 1,471 84,862 1,601 92.218 86,333 93,819 Creditors: amounts falling due within one year 14 (1,740) (1,6801 Net current assets 84,593 92,139 Total assets less current liabilities 271,538 283,918 Income funds Restricted fvnds Unrestricted funds 16 46,619 224,919 56,398 227,520 271,538 283,918 The company is entitled to the exemption from the audit requirement contsined in section 477 of the Companies Act 2006, lor the year ended 31 March 2024. The directors acknowledge their responsibilities for complytng with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial ststements. The members have not required the company to obtain an audit ol its financial statements for the year in question in accordan￿ with section 476. These financial statements have been prepared in accordan￿ with the provisions applicable to companies subject to the small companies regime. The financial ststements were approved by the Directors on .... . and signed on their behalf by: MrDWBest Director Dr SA Rodgers Director Company Registration No. N1038083 FRONTIERS IRELAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting poll¢le$ Charity infomallon Frontiers Ireland is a private company limited by guarantee incortx)rated in Northern Ireland. The registered office and place of business is 1st Floor, 623 Lisbum Road. B61fast, BT9 7GT. 1.1 Accountlng Convention The financial statements have been prepared in accordance with the charity's Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial R8POrting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191" The charity is a Public Benefit Entity as defined by FRS 102. The charity has tak8n advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charity- Monetsry amounts in these financial statements are rounded to the nearest £. The financial statements have been pr8pared under the historical cost convention. The principal accounting policies are sel out below. 1.2 Golng concern At the time of approving th8 financial statements, the directors have a reasonable expectation that the charity has adequate resources lo continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accountsng in prep8ring the financial stat8m8nts. 1.3 Charltable funds Unrestricted funds are available for use at th8 discretion of the directors in furtheranc8 of th8ir charitable objectives. R8Strict8d funds are subject to specffic conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds a￿ set out in the notes to the financial staternents. 1.4 Incoming rosources Income is recognis8d when th8 charity is legally entitled to it after any perforrnanc8 conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. other donations are recognised once the charity has been notified of th8 donation, un18ss perfomiance conditions require deferral of the amount. Income tsx recoverable in relation to donations rec8lV8d under Gift Aid or deeds of covenant is recognised at the tirne of the donation. Legacies are r&cognised on receipt or otherwise if the charity has beèn notified of an impending distribution, the amount is known. and receipt is expect8d. If the amount is not known. the legacy is treated as a contingent asset. Donat8d assets given for usé by the chanty are recognised when receivable. FRONTIERS IRELAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (Continued) 1.5 ReSoU￿eS expended Expenditure is recognised On￿ there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity a￿ made up of the total of direct costs and shared costs. including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned behveen those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or ¢onstructive obligation to make payments to third parties, it is probable that the setdement will be required and the amount of the obligation can be measured reliably. It is categorised under one of the following headings: Costs of raising funds, Expenditure on charitsble activities and Other expenditure. Irrecoverable VAT is charged as an expense against the activty for which expenditure arose. Support costs are those that assist the work of the charity but do not directly represent charitsble activities and indude office costs, govemance costs. depreciation costs and payroll costs. They are incurred direcuy in support of expenditure on the objects of the charity and include project management carried out at the office. Office costs. depreciation costs. governan￿ costs and payroll costs are allocated to charitable activities based on the percentage share of restricted income for each charitable activity. The allocation of the support costs is analysed in note 7 . 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Freehold land and buildings Fixtures and fittings Motor vehicles 2% Straight line 20 % Straight line 20% Reducing balance The gain or loss arising on the disposal of an asset is detemined as the difference be￿een the sale prO￿edS and the carrying value of the asset, and is recognised in the ststement of financial activities. 1.7 Cash and cash equivalents Cash and cash equivalents include cash in hand. depostts held at call with banks, other short-tem liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 10- FRONTIERS IRELAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (Continued) 1.8 Financlal Instruments Th8 charity has elected lo apply the provisions of Section 11 '8asic Finanaal Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instrurnents. Financial instruments are recognised in the charity's balanc8 sh8et when the charity becomes party to the ontractual provisions of the instrument. Financial assets and liabilities are offset. with the n8t amounts presented in the financial statements. when there is a legally gnforceable right to set off Ihe recognised amounts and there is an intention to settle on a net basis or to realise the asset and s8tU8 the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial li8bilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective int8r8St rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within on& year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition of financlal liabiTlitios Financial liabilities are d8r8cognised when the charity's contractual obligations expire or are discharg&J or cancell8d. 1.9 Employee benellts The cost of any unused holiday entitlement is recognis8d in the period in which the employee's services are received. Termination benefits are recognis8d immediately as an expense when the charity is demonslrably committ8d to teminate th8 employment of an employee or to provide termination benefits. 1.10 Retlrement benefits Payments to defined contribution retirement benefit schemes are charged as an 8XP8ns8 as thèy fall due. FRONTIERS IRELAND NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Donations and legacies Unrestricted Restricted funds funds Total Unrestricted funds Restricted funds Totsl 2024 2024 2024 2023 2023 2023 Donations and gifts 95,313 216,999 312.312 98,158 188,553 286.711 Donations and gifts General donations Donations for missionaries Donations for projects Sending Base Levy Tax reclaimed on GiftAid donations 79.357 79,357 81,797 81.797 112,477 104.522 112,477 104,522 7.931 125,128 63.425 125,128 63,425 9,405 7,931 9,405 8,025 8.025 6,956 6.956 95,313 216,999 312,312 98.158 188,553 286.711 Other income Unrestricted Unrestricted funds funds 2024 2023 Book sales 1,190 908 12- FRONTIERS IRELAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charltable activities Misslonarles & pastoral care Slaff appeals Project North Africa appeals projects Total 2024 Total 2023 2024 2024 2024 2024 Stsff costs Depreciation and impaimient Missionaries and pastoral care Project costs Meeting and travel costs Missionary costs Books and publications Board expenses 26,331 17,253 14,343 6.087 64,014 64,084 5,488 5,488 5,507 122,406 122,406 95,732 9,329 4,940 1,190 1.037 128.669 40.971 7,020 10,369 2,561 736 69,732 26,000 9,329 4,940 1,190 1,037 170,721 17,253 84,075 32,087 304,136 259,917 Share of support costs (see note 6} 11,314 1,722 6.115 2,595 21,746 20,437 182,035 18,975 90,190 34,682 325,882 280,354 Analysis by fund Unrestrict8d funds Restricted funds 68,316 113,719 1,722 17,253 20,458 69,732 8.682 26,000 99,178 226,704 106,757 173,597 182.035 18.975 90,190 34,682 325,882 280,354 13- FRONTIERS IRELAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charitable activities (Continued) For the year ended 31 March 2023 Missionaries & pastoral care Staff appeals Project North Africa appeals projects Total 2023 Staff costs Depreciation and impaimient Missionaries and pastor81 ca Project costs Meeting and travel costs Missionary costs Books and publications Board expenses 32,820 5,507 128,669 19,828 7.567 3.869 64.084 5.507 128.669 40,971 7,020 10.369 2.561 736 26.135 14.836 7,020 10.369 2.561 736 187,682 19,828 33,702 18.705 259,917 Share of support costs (see note 6) 13,562 2,149 3.127 1,599 20,437 201,244 21,977 36,829 20,304 280,354 Analysis by fund Unrestricted funds Restricted fvnds 88,446 112,798 2,149 19,828 10.694 26,135 5.468 14.836 106,757 173,597 201,244 21,977 36,829 20,304 280,354 Description of charitable activities Missionaries & pastoral care Providing assistance and pastoral care to our missionaries serving in the mission field. Staff appeals Providing support for the work of staff members. Project appeals To support the water boreholes project. North Africa projects Providing support for individual projects in North Africa. North Africa projects Providing support for individual projects in North Africa. 14- QJ Q) W ID Q) Q) Q) w o) E E E E E E E E E E E E o o o o U U L) U L) L) U c c c c c c c c c c c c IJDiJU1JZ>YJYJDfDiJ o) fj) o) Q) Q) W ID Q) 55111EIII q> o) q> L) o) o) o) o o o o o o o o o o o o m tr4 ¢5> ￿ O ¢0 (o ¢0 * CD *Ln IQ Lr) Q) tn ff) tN ¢5> ￿ O ¢J> ooco Ln co o O Q) Ln Ln o) o) N as O O) Ln Ln co rOryO(o