Charity registration number NIC105515 (Northern Ireland) Company registration number N1038083 RONTIERS IRELAND ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FRONTIERS IRELAND LEGAL AND ADMINISTRATIVE INFORMATION Directors Miss R Baxter Mr D Best (Chairl Dr SA Rodgers Mrs S E Clarke MrAMOrr (Appointed 3 June 20241 IApFointe4 25 Novèmber 20241 Charity number {Northern Irelandl NIC105515 Company number N1038083 Principal address 1st Floor 623 sbUrn Road Belfast BT9 7GT Registered office 1st Floor 3 5burn Road Belfast BT9 7GT Independent examiner GMCG LISBURN Century House 40 Crescent Busness Park sburn BT28 2GN Bankers Bank of Ireland 364 $bUrn Road Belfast BT9 6GL Solicitors Maccorkell Legal & Commercial Gatvey Stur0s &10 Lons6tone Street "sburn Co Antrim BT28 1TP
FRONTIERS IRELAND CONTENTS Page Directors, report Independent examinerfs report ststement of financial activities Statement of financial position Notes lo the finanu81 statements 8-18
FRONTIERS IRELAND DIRECTORS. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The directors present their annual fep)rt and financial Statements for the year ended 31 March 2025. The finanu81 ststements have teen prepared in aceordance Mith the accounting policies set out in note 1 to the financial stslements and comply with the ¢harity's Memorandum and Artides of Assouab"on. the Cornpanies A¢t 2006 and 'Ac¢f)unb"ng and Repong by Charities". Slalemenl of Recommended Practsce apF4icable to charities preparing their aUnts in accordance 0th the Finanaal Rerorhng Standard applic2Ne in the UK and Republic of Ireland IFRS 1021" leffeetive 1 January 20191. Objectives and activities The charity's objective is the #oancement of the Christian fatth. Ttje th"Tè¢tors have paid due regard to guidance issued by the Chanty Commission in deciding what actvibes the charity should undertake. Achievements and performance This has èeen a year of much lebrats"on and also transits'on as we celebrated our 25th anniversary as an organisab'on in March 2025 celebrating God's goodness and farthfulness to us Sin the year 2000. Roger McKay. the founder of Frofttiers Ireland stepped back as Irish Director after 25 years faithful seNice at the end of March and passed the baton on to Jason Brode at the nnIng of April 2025, after a successfijl 6 month leadership handover process. It was a pnvilege to begin 225 by seeing a new family commissioned and sent out by their local Chureh to serve in North Afnca in January. sin arriving, they have been learning language, adapting to the new culture engaging actively in prayer and team life, and txjilding relationships with locals, seeking to share the love of Jesus with all who they meet. Elsewhere in N. Africa. our Wcirkers nts"nue to supwrt the local gathering of bdievers in their city. ¥wth mgre members of the pastor's family corrung to believe in Jesus over the past year. and planned b2pts.srns of 4 new believers in the coming months. Our workels involvement in the local rn1fery clinic continues to provide professitsnal and loving heatthcare for hundrets of local women and babies, blessing many In their city and der regions. Aso the ongoing sharing of Jesus stories via social metha videos are enabling hundrets of peo e across the country to engage in the Bible and find out more about followng Jesus rfthey vAsh. We were also delighted to have two new members - Ausbn and Sarah - join the Board over the Ffjst 12 months. bnngng fresh ener. experbse and lowering the age proffle of the Board significandy as well. They have already been alrea¢ty been actively engaged In promoting the ministy of Frontiers arnong churches and enatrling OPPDrtunikn"es for deputation and church engagement as well. Our team in SE Africa contsnue to see much fturt for their labour ith multiF4e Discovery BitAe Stydies happening weekjy lamong rnen and women separately), involvement ift kids nunisty, prayer and sharing sonsE and stories rrom the Bible, and a local gathering of believers on Easter weekend. 11 was wonderful to hear that trNo women, the wives of Nvo recent new believers, rnade the ¢Yec4sion that they wanted to follow Jesus for themselves earlier this year as well. There have also been F4ans made for more Yrdler rehOleS to dug this summer In surrounding Mllages, enatling many more commuruties to access dean and drinkatrAe Wdler. As our workers in SE Afrits F4an to return this summer, we are in process of helping them finish wdl and hope to engage them into our ongoing work more locally - beginning vthat we hoFe wll be a new season of integratton and connectng fomer overseas wrkers and ulilising their skills 8nd experience to mobilise the loc churth. Anwtst the leadership trartsitions. it has also been a blessing lo see new Or4e wants.ng to engage in the work around the worfd. A Ioc21 sludenl from 8eK2st School of Theology went out imth LL% to the Balkans for the month of June on a placement and served with one of our local teams there and iyas Involved in prayer and i'ior5hip and also yOLrth camp ministy. Two of the churchas involved In our 'Pray for Thity, initiab,ie ale also rAanning to take a prayer tn"p to N. AIrica In october. They are the first churches lo take that 'nert step. of engagement overseas. for which we are deeply grateful. The third and final prayer botset in our 'Pray for Thity. iniDative has teen wmFleled - praying for 30 tsFI. groups- and we look forward to delivenng these to the churehes involved in th& intbatsve over the coming rnonlhs and seeing much breakthrough among unreached people grouFG as Fople pray and God Calls F*OFle to .
FRONTIERS IRELAND DIRECTORS. REPORT {CONTINUEDI FOR THE YE4R ENDED 31 MARCH 2025 One of our gods c¢nunues to be lo see new connectr.ons and relatonshiF6 estsljished in the Republic ol Irelap,d, and while we've develtrped new links through one ol our sending churches in Dublin, %ve conb'nue lo cles'.r• to txjild connethons Mqth other churches and denominations. learning from them and also seeing how we c2n best see them As part of our commitment to the wder world of mission. one of our stsff Is involved in plap.ning and leading Days of Prayer at the office on a monthly basis We Invite supporters to come and pray for an hour In tne prayer room al the office frorn 8am - Spm. We also have tmes of corporate prayer and we would normally Invite somone serving overseas lo spE?k via Zoom at those bmes This provides a real conneth.on between those serving overseas. their team colleagues 8nd the supF4)rters here We contsnue to cover different people grourts. countries and themes over the year. This year we saw more project funding cJ)ming in and a very successful '25th Anniversary match lundin Inibatsve take aCe. These funds enabled us to support our own field workers. proiets overseas and also to plan for the development ol our leain here in N. Ireland loo We are very grateful to Individuals. churches and Trust Funds for supplying the finance to enable us to pass on these funts to tless those in need and lo see the extension of God's ngdOM. Financial review The results are set out In detail on pages 6 to 18. The company returned net outgn9 resources for the year Of ,51312024- £12,380), unrestricted funds of£211,161 12024- £224.91913nd restricted funds of 7.86412024 £46.6191. The unrestricted funds are required to provide sulfioent fund5 to cover any unforeseen costs which rnay arise and fvlfill legal obligations of the ¢hanty in the event that current levels of income are not maintained. 11 is the polity of the Charity to maintan sufffcient unrestricted rerves as are conyslent vrth the ongoing finanual requirements of the chanty. The direetors has assessed the major risks to wlich the chanty is exposed. and are $8ts'sfied that systems are In ace to mitsgate exposure to the major risks. Plans ftir the future We plan to recruit newworkets to serve overseas. We plan to build on progress in building rel8tioFtshipE wth churches acrDSS the Iand of Ireland. We plan to recruit more churches for the Pray for Thirty Initsathve. We an lo speak In churches and lo attend the main missions convenb.on in Bangor and other Conferenees as appropnate. We plan to develop our Mèmber Care team and provide better member care for worker5 awerseas We plan lo develop new poneering Initatves 19 help ltscal ¢hurches engage wtri peopI& from different nations. We plan to offer more vision tri to Ihe churches involved In Pr?y for Thirty. We an to run monthly days of prayer In our prayer roorn for supporrer We rjan to c*)nts'nue our regonal prayer grouF6. We Jan lo bring on a new staff memEer 19 help media and graphic design We aft to seujre funding for a longstandng diTrc In Nortn Affica and lor four water tr¢reheS In SE Athca. pian to secure new funthng partner5 and source fundraTsing expertse to develop neiv 0grertLP,nknes We plan to Jay an acuve role on th mission partnership bo(ies In Ni l aid Irelaryd i e MAP ap.¢ I
FRONTIERS IRELAND DIRECTORS, REPORT (CONTINUED) FOR THE YEAR ENDED 31 1CH 2025 Struc¢ur•. 9ov•rn4nc• m•na9•m•nt Th8 cl)aJity Is 3 cornwy Ilmjlod by pu3r8ntge IntsOrated on 8 2000 and rngIOI9d tb& Inland Revenug (m the same dete. Thg tharttable (ompany LE gov8m8d by its MernoTrrk#um and tides of Asso¢tatirJn. The comp8ny is nDt br wofit and Jimd by guardnl88. tho T?b111ty OT the mernb8r5 is Imrfod kn e1. The oryanlsadon Is govomod by Its Board of0e¢r0[5Wl mèèt r8gul8rfy. The dlrectors who semd durtng thp yearand up to th8 data of $4gnature of Ihe financ¥81 statements ww8". s R Baxter Mr D 8ost ICh8trl DrSA Rodgers Mrs S E Clarka MrAM Orr (Appolnlod 3 Jun8 2(Y24) (Appokntsd 25 Noyomber2024) New dlrectors arg appointgd by th8 m8mbers ofth8 charity at Ihe annual 9gnerdl Alt direciornare r0qUW tu pawtè In tr3lnlwd rnkting to 6wd govwnm and 8r8 rBguJarfy updab on lsIaln that irnpads w th8 njnnlng a charitsb offganL8aUon e.g. rpKent dw4es n 18gi5LHlx)n Intrc#Sucd by lh8 Chaiib#s Commkssin ar the GDPR. Tho Board of Dtreciors DV8rEees lh& work of the Sondlng Baso 0trgdDr, wh) kn Itrn ts respble stsff •nd volunteers. Tho Sendtng Base DtTrcbr ts not B dtredor und8rComparry Law. Frnnti9rs Irgland IsaffiJt&a n0tsvwkwort¢WO. K•y Ilwwg•m•nt P•ronn•l R•rn¥n•rntlon Tha Baard conslder thè bJwd of dtr6Ctors and th8 d)18f8xg%th as compris479 the kpy rrranagement personnel of the Larity lft charya ofdwocbny and contmffiro th8 olaty and operthg Ihs on tt d3y to day bssi5. Ml tsoard momb&rs 9ria thoir time frtety and no ard rernun6r8tion PaKI in year. Boar¢ rn8rnbè requlred to dE5dps8 au relwant eonfilcts 01 5nter2st and rog15ter Ihem at eath meetsng and h atterdAn YAth the ffttsfs p)Jity. thdraWfrvrn dedshns wher8 3 tonfiiLt of ntErESt &ises. Th15 report has trn praparod In aLurdanc wlth the provisjons appllL*lg to compantès enithd lo th8 mpanles Btsmp0n$. Th8 r8POrtW3s approved by the 808 ef Dirtdor5. /L Mr D Best Ichatrl Dir8ctor DrSARodgen Dat8d". 7_1)-4(
FRONTIERS IRELAND INDEPENDENT EXAMINER'S REPORT TO THE DIRECTORS OF FRONTIERS IRELAND report to the directors on our examination ol the financi21 statements ol Fronb"ers Irpland (Fhe c8nt)p¥ the year ended 31 Mareh 2025. ResFective responsibilities of trustee5 and examiner As the trustees of the Charity land also its directors for the purposes of company lawl you are resp)nsitrJle for the preparatson of the financial ststements in ?Oran&t&'Ih the ,,:- -map.+e rf th= Ce.r,-"Plas 4r+ Q Haliing satisfied ourselves that the charity is not subject to audit under company law, and Is eligiye for independent examinab'oft. It Is our responsibility to.. examine the accounts under section 65 of the CharitiesAcl (Northern Ireland) 2008.. follow the procedures l?id down in the generd Directions gNen by the Charity Cornmission for Nort*ern Ireland under section 6519llbl of the Charits"es Actr, and state whether paTt'cular mattels have come lo Ouf attention. Basis of independent examiners. report We have examined your charity accounts as required under section 65 01 the Charittes Act and our examinab.on was Trrried out in accordan¢e wth the general Diiections given by the Charity Commissson for Northern Ireland under seOn 6519llb) of the Chanties Act The examination included a review of 'the accountsng records kept by the charity and a comparison of the accounts presented w1th those recora>. It also indudes consideration of ary unusual items or diselosures In the accounts, and seeSJng exanatIonS fron you as charity trustees concerning any such matters Our role is to stsle whether any matenal matters have come to our a1ent.on gving us cause tc believe.. that accounbng records were not kept in respect of the chanty as required by sectson 386 of .the Companies Act 2006. that the finanual statements do not acwrd wth those records. Ih8t the accounts do not comF4y Iiith the 8ccounbng requrements of secsion 396 01 the Companies A 2006 and wth the methods and principles of the Charities Ststement of Recommen¢ed Pracllce applicable lo chanties preparing their accounts in ae¢ordance isith tre Finanual Reponng Stsndard applitrable in the UK and Republi¢ of Ireland. that there Is hjrther informats.on needed for a proper understanding of ihe accounts lo be reache
FRONTIERS IRELAND INDEPENDENT EXAMINER'S REPORT (CONTINUED) TO THE DIRECTORS OF FRONTIERS IRELAND Indepandent examiner's statement Since your ch8rity's gross Income exceeded a2 50.000 your exarniner must be a membpr of a Ijsfad hcty. W can Confirm that we are qualnled to undertake the examinab.on becaus? we are a registered rnemr o,, Chartered Accountants Ireland which is one of the listed bodie5 We have completed our examinatson and have no concerns in respect of the matters 111 I'l liS".ed GtrcL': and. In connects.on iMth following the Direcbons of the Charity Commission for Northem Ireland. We trrave found no Tnatters that require drawng to your 8ttenb"on. GMCG LISBURN Ch?rtered Accountants Century House 40 Crescent Busine&s Park sburn BT28 2GN Dated_
FRONTIERS IRELAND STATEMENT OF FINANCIAL ACTIVITtES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Re5trlcted funds funds 2025 2025 Total Unrestricted Restri¢led funds funds 2024 2024 Total 2025 2024 Notes Income and endowments from: Donations and legactes Other income 99.447 1,475 197.239 296.686 1.475 95,313 1.190 2',6.999 312.312 ,15a Total income 100.922 197,239 298,161 96,503 216,999 31? C02 Expenditure on: Charitable actvitses 95,222 205,452 300.674 99. 178 226,704 325.882 Total expenditure 95,222 205.452 300.674 99,178 226.704 325,882 Net incomel(expenditure) 5.7¢Jo 18,213} 12.5131 12.6751 19,7051 112.38?) Transfers between funds 11 119.4581 19,458 74 174) Net movement In funds 113.7581 11,245 12.5131 12,6011 19.7791 112,3801 Reconcillation of funds: Fund balances 8t 1 April 2024 224,919 46,619 271.538 L7,520 i6.398 283.918 Fund balances at 31 March 2025 211.161 57,864 269,025 224,919 271,i38 The statement of financial a¢ttvib"es Indudes all gain5 and1055es recognised in the year. Al Incople 8r,d exreio; denve trgm contnuing acts'vibes
FRONTIERS IREL4ND STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025 2025 20Z4 Noto3 Flxpd aJsots Tangible ats CurTrnt U8• Debtors Cash al bank and In Ind 12 181.597 1a6,94S 13 2.818 86.41D 1.471 84.862 89228 ¢r•dltorn: 0nts f4111n9 du• wlthln 86.333 14 11.8001 11,7401 Net ryjnwt a8sets 87.428 84.592 Totsl •s5•ts CUTr•n114blllU•s 269.025 271.538 In¢om• fund• Restriclad funds Unrostricted fuAds 16 17 4S.619 224.919 211.161 9.025 271, The company 1$ 8nlitJ8d to the èxempbon from Jhe audit toquw8mènt wntaned In 477 Df tho ComparuasA¢t 2006. forthe ygar 8ndod 31 Marth 202S. The dweclorn aLn(Mtedw th8tr r&spordblLIUes for comptying 1h thg rwtr8ments of tho Cunparb85 Att 2006 th resrrt accounung rKords tho prBpafdllon ol fwwicaal stst8rrnts. Th8 rnernbe havo noi wuSrBd the cornpany to obn an audl of Its ffnandal stsltrmqnts for ihe year In quesaon In a(tt)rdan¢o wtth sedon 476. The38 financlaj ststernonts havo baon prgpured in ac(orfan¢8 th the prov[an$ apO13ble to MPanI&S SUDlect to ihe small companbs regime. The fland statgrn8nts were appmved ty th8 DI[Or$ on ................_ .nd Sign on IM$lrtehaY. by. Mr D Best (Chairl Dlroctor Dr S A Ro&3ers DlffBrtor Compary R•glstraUon No. N103800J
FRONTIERS IRELAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Charity information Frontiers Ireland is 8 pnvale company limited by gu8ranlee Incorporated in Northern Ireland. The reg.'stère¢ office and place of business Is 1st FiooT, 623 Lisbum Roatj. Bdfasl. BT9 7GT. 1.1 Acwunling convention Tle financial statements have been prepare(J In accordance wth the chanty's Memorandum and A_Tnies cf Assoaabon, the Companies Act 2006 and "Accounbng and Reporttng b/ Chanbes. Statemeni cjf Recommended Practice applicable lo charsb.es prepanng their accounts In accordance V1th fhA F..: Rewrbng Stsndard ap[Aicae In the UK and Republit of Ireland IFRS 1021 leffethe 1 January 2019j-. The charity Is a Put1¢ Benefit Entity as defined by FRS 102 The charity has taken athantage of the Provisions in the SORP for chants.es applying FRS 102 Update "7 1 not to prepare a Ststement of Cash floi¥s. The finanual statements are Prepared in sterling. thich Is the funthonal currency of the charty Monetsry 8mounls In these fjnanual statements are rounded to the nearest £ The financaal stslements have been prepared under the historical eost tonvenbon. Tne pnnopal accounllng poliaes are set out below. 1.2 Going ¢oncern Al the time of approving the finanual stslements, the directors have a reasonable expectatron tttat the chanty has adequate resources lo contsnue In operatsond existence for the foreseeable future. Thus the ¢J"recrots contsnue lo adopt the going ¢oncem basis of accounting in prepanng the finanual statements 1.3 Charitsble fund5 Unrestncted ftjnds are availat4e for use at the thscrebon of the directors in furtherance ol their chantable objecb"ves. Restrided funds are subject to speofic o)ndilions Lw donors or grantors as to how they may Oe used I h purposes and uses of the restncted funds are set out In the notes to the fin?neal statements 1.4 Incoming resources Income Is recogn4sed when the charity Is legally ent¥ed to It aftei any performanc6 conthtions have en mei the amounts can be measured reliatly. and it 15 probable that Income 11 be received. CG5h donatsons are recognised on receipl Olher donabons are recognised onee the Cyi anry has bèen r.ot:.iea of the donatton. unless perfomance eondrtons requTre deferral or the amouni Income ta¥ rever&> In relaion to (Sonaiions received under Gift PJd or deeLÈ of crydenant Is recognised- .tne tJThe Ci & contiJOII . Legaoes are recognisÈcJ on receipt or otr,ery%15e rf the ehanty has beer. noL,fii ed o., ay Jrp.aenaig dsL-.L,Tr the amount 15 kno¥. 2nd reipt Is expected If ihe arneun% IS no: know the 'Jeaitsa as contngent 2S5et Oonaied assets gven for use by.he chanty are reccgnised %%ren reca¥ai4e
FRONTIERS IRELAND NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continuedl 1.5 Resources expended Expenditure 15 recognised once there is a legal or conslructsve obligation to transfer economic >Enefi., to a third paty, It Is probable that a Irans'rer of economic Oenefils wal be fequired In setuement. ?D.d '.he aTcur,I CF the obligaton can be measured reliably Expenditure Is dassified by acbvity The costs ol each 3cbvity are made up of the IoLal of direct COSIS 2r.d shaied costs Including supwrt costs Involved In undertakn.ng each acbvity. Direct costs attributable to a Sincle activity are allocated direcuy to that actvity. Shar&d costs whid) contribute to more than one acbvity and supporr costs which are not attributable to a sinye activity are apportioned betyNeen Ihtsse 2cvittes on a basis Consistent Kqth the use ol resourees. Central staff costs are allooted on the $1$ Gf bme spent. an depiecialion charges are allocated on the pottion of the asset's use. l expenditure is accounted for on an aCalS basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constru¢tsve otrligaton ic make payments lo third p8rtses. it is probable that the settlement wll ke required and the amount of the olsigatson ean be measured reliably. It Is categonsed under one of the followqng headings. Costs ol rasing funds, Expenditure on charitabje activities and Other expendilyre. lrrecoverae VAT is charged as an expense against the acb.vity for which expenrfire arose. Supptrrt costs are those 8t assist the work of the cha¥ity bul do not (firecdy represent charrtable actyvitiès and Include office Sts, governance costs. deprecith.on $ts and payroll costs. They are Incurred directly In support of expenditure on the obje¢ts of the charity and indude project management carried out at the ofnce. Office ¢osts, depreaation costs. goyerrtance costs and payroll costs are allocated to chaniable actvitres based on the percentage share of restn.cled income for each chantable a¢bvty. The allocation OT ihtt support costs Is analysed In note 7 . 1.6 Tangible fixed assèts Tangle fixed assets are inityally measured al cost and sutsequendy measured at cost or valuatson. net of depreo8tton and any impairment losses. Depreuation Is recognised so as to vffjile off the st or valuatron of assets less their rewdual values over their tJ5eful lives on the folloYng bases." Freehold13nd and bU"n9S Fixtures and fiitsngs Motor vehicles 2°A strajghr ljne 20fj/g Straight line 200A Reduung balance The gain or loss ansing on the disp¢Jsal ol an asset Is determined 8$ the difference bemeen the sai prOed$ and the carrying value of the asset. and Is re¢ognised In the ststement of fiii aDa81 a¢tvites. 1.7 Cash an¢J cash equiv31ents C2sh and sh equival•snts Include cash In hand. dewsits hel(f ai cal., bar4ks ciDeJ sp2.~-rar.T .[¢Id Investments &%qlh onginal maturities Oi three monihs or less and bark oi eFer21*i Dan.< O"Olra1 arts Si.NP, thin borrowings In current liabiliknes
FRONTIERS IRELAND NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) 1.8 Financial instruments The charity has elected to apply the pro'Jisions ol Sectton 11 '8asic Finanaal Instruments. and SecJo,- 12 'Olher Finanoal Instruments Issues. of FRS 102 to all of its financlal Instnjments FinancJal Instruments are recogrused in thè chanty's balan sheet whèn the charty comeS paty lo L*e contractual provisions of the instrumenL Finanual assets and Iiats"Iitseg are offset, Mlh the nel amounts presented in the financial 5tsteMen, when Ihere Is a legally enforceable nghl to set off the recognised amounts and there Is an Intentstrn to seue on a net basis or lo realise the asset and setde the liability sirnultsneously. Basic financial assets Basic ftnanoal assets, which include debtors and cash and bank balances. are Initally measured at transacbon pnce Induding transacbon Costs and are subsequentsy carned al amornsed COSL usI.".g the effecbve interest method unless the arrangernenl consbtutes a financing transacbon, where Ime transactson Is measurerj at the present value of the future receipts thscounled at a market rale of interest Finantta assets classified as receivable wjthin one year ale not amorbsed Baslc financial liabilifies asic financial liabilihes, Induolng cre¢Jtors and bank loans are initially recognised at tr2nsacbon pnce unless Zhc arFangempnt consttutes a financing transathon, where the debt Instrumen¢ Is neasured ai the presen: value of the fUre payments discounted at a market rate of InteresL Financ1 Iiabilitses clessffied as payable thin one year are not arnorbsed. Debt Instruments are subsequentIy carned at amortised cost, LEing the effecbve Iri terwi rate Tetr,Dd. Trade credrtots are oUigabons to pay for goods or services that have bèen acquired In ihF or¢Jinary coursè o., ens from suppliers. Amounts payable are dassified as current liab"Iitses Il Yment due vfflhin one
vEar or less. If not, they are presented as non-curront Iiat4libes Trade Ci ettors are res.1sed .'Iitalli 3: rransacbon price and subsequenuy measured at amornsed CO using the effethe Inierest metnod Derecognition olfinan¢lal Ilabilities Fin2nual lialie5 ?re derecognised when the charity's contractual obligat.ons expre or are dscharged or cancelled. 1.9 Employee benefits The cost of any unused holiday entsuemenl ts recognised in ihe period In which irie em Jcyee's ben¢lCeS a., received Torminatson bcncfits ar? recoGnised ITnett,,aie,'y as ani exve-.,se ',.,".ei ;;,e -Ya,; to terrninaie Ene enployment 04 an emtyoyee or ro proiQe terrrin¥30d L tene:, 1.10 Retirement benefits Paymeqts io dafined conmbuDon retrrerr.ert ba?e..' schAp.•s ?.• ctrar-èd 2S
FRONTIERS IRELAND NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Donations and legacies UnTestri¢ted ReslflGted funds funds Totsl Unreslncted Restricted funtis Tots., 2025 2025 2025 2024 2024 Donatons and gifts 99,447 197.239 29S.686 95.313 215,999 312,?1? Donations and gifts General donations Donatyons for misOnarieS Donatsons for projects Sending Base Levy Tax reclaimed on Qftd donatsons 79,066 79,066 79.357 140.274 56,965 140.274 56,965 13,305 112,4r 13.305 7,931 7.076 7.076 8,025 8,025 99.447 197239 296.686 95,313 216 999 3",2312 Other income Unrestricted Unrestricted funds funds 2025 Bock sales
FRONTIERS IRELAND NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Charitable activities Missionaries & pastoral care Staff appeaji Project North Africa oppe¢sIs PTojeciS Totsl Total 2025 2025 2025 202? 40,188 10.825 Depr8ciab"on and Impaiimenl Missionaries and pastoral care Prcieu. cos Meeting end travel costs V.Issionary Books and puUicatsons Board expenses 7,983 65.125 5,466 5,46 a4S8 148,527 148 i21 46.109 5.14D 20,000 5,140 4.419 1.657 668 494C 1,Sfi 206,065 10.825 34,083 2Th 102 Share of support costs (see note 61 1,334 3.216 2.469 222,618 12.15S 37.299 28,598 300,614 325 882 Analysis by fund Unrestriuecl funds Restncted funds 74.091 148,527 1,334 10.825 11,199 26,100 8,598 20,000 95.2 205 452 59. 1-. 8 222,618 12,159 37.299 28.598 3£J.e8?
FRONTIERS IRELAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Charitable activities (Continued) For the year ended 31 March 2024 Misslonaries & pastOTal care SL2ff appeals Project North Africa appea15 projects Totsl 2024 staff cctsls Depreciab'on and Impairment iissionaries and pastoral care PioJecl costs Meeting and travel costs Missionary costs Books and putrAicatons oard expenses 26 331 5.488 122.406 17 253 14 343 6.087 64 014 5.4a8 69,732 26.000 9.329 4,940 1.190 1,037 9.329 170.721 17,253 84.075 Share of support Costs {see note 61 11.314 1.722 6.115 2.595 182,035 18,975 90.190 34.682 3£5.882 Analysls by ftjnd Unrestricted funds Rtricted fund% 68.316 113,719 1.722 17.253 20,458 69,732 8,682 .000 99.1", 182.035 18,975 90.190 34.682 32?.882 Description ot charitable activities Mlssionaries & pastoral care ProvIn9 assistance and pastoral care to our missionaries serving In the mission field Stsff appeals Providing 5UPPOrt for the work of st3ff Members Project appeals To support the water borehoIes proiecL North Afnc3 projects Prtrvidng supFort for indiwdual projects In Nottth Afnca North Afnca projects Providng support for incltvidual projects In Norhl nCa.
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FRONTIERS IRELAND NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Net movetnenl in funds 2025 2024 The net movement In fu4ds is slated after thargingljcredilingl. Deprociat"',or, c,, tar,gible fixed asscts Directors None of the directors lor any persons connected wth them) received any remunerats.on or bep.efits from the charity during the year. Employees Numter of employees The average monthly number of employees during the year was" 2025 Nurnter 2024 Number Governance and administrabon Development Employment costs 2025 2024 Wages an¢J sa18nes Other pension costs 63 228 1897 62150 13S5 65.12? The chanty considers IYS key Managem?nI personnel to compnse of the Injslees. and the Senci.-.g Base director The lotsl employment benefits Induding emFJoyers pension contributson oflhe key manage,- perstsnnel were Q8,89212024_ 8.8921. There %4ere no em 0yeES vknose annL121 remunerabon Kyas C60 000 or noi 2. 10 Taxation The cany Is exempi f,.om tax on In¢oii e aria Gains',alling LY.'n se= 252 of the Taxatson o., charge8e Gains Act 1 Q9? to the exten4 tha; t,lese e". e 3Pr,a to IS ernar!:3e rt= 11 Transfers Transfers from unre*ncted fun¢x to restraed furL¥dS In year rda".es LO _w.eiig resoL.rTrs excenaea eycess cl funds receivè
FRONTIERS IRELAND NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 12 Tangible fixed assets Freehold land Fixtures
nd buildings
ritting> Motor vehicle5 ToLIl Cost Al 1 Apnl 2024 Addiknons Disposals 210,000 11.195 3,810 4e8 130181 13 0181 At 31 March 2025 210.000 8,663 3,810 Dopre¢iation and impairment At 1 Apnl 2024 Depreciation charged In the year Eliminated In respect of disposals 8.998 786 12.8501 .412 480 38.ottc 4,200 At 31 March 2025 31.e50 7.134 1.892 Carrying amount At 31 March 2025 178.150 1.529 1.918 181597 At 31 Maich 2024 182.350 2,197 2.398 188.945 13 Debtors 2025 Amounts falllng due within one year". 2024 Prepayments and accrued Income 2.817 1471 14 Creditors: amounts falling due withln one year 2025 2024 Accruals and deferred Income 15 Retiremerrt ienefit schemes 2025 2024 Oefined contribution schemes Charge ro profit or loss in Fesroet ol defined cfjntnbLrtTon schemÈ5 ne chanty operates a defined contnL)utton pengon sctrLeme lor *1 ouaiitsp.g er.oioyees The assers -1 str,eTc are nero seDaraieli ',rGm iicse o., tne c,".a:-.ri iy a?
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FRONTIERS IRELAND NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 17 Unrestricted fund5 The unrestricted funds ol the charity comprise the unexpended balances of donations and grats wnich are not subject to speofic conditions ty donors and gr3ntors as to holy they may k used Tlese Includp designated funds ivhich have been set 2side out ol unrestncted fb'nds by IfTe tiustees fci skpofic purposes At1 April 2024 Incoming resotsrces Resources expended Transfets At 31 March 2025 General funts 224.919 100.922 19S,2221 119.4581 211.161 Previous yeaT- At 1 April 2023 Incoming Resources resources expended Transfers At 31 Mar¢h 2024 General funds 96,503 199,1781 74 .91a 18 Analysis of net assets between funds UnreslTlCted funds 2025 Restsi¢led funds 2025 Total 2025 At 31 March 2025". Tangible asseis Current assets1lliaJ1ts'eS1 181.597 29,564 18-.. j4-, 57,864 211.161 57,8S4 289 G?5 Unrestricted funds 2024 Restrided funds 2024 Total 2024 At 31 March 2024.. Torgible assets Cuirent assetsllliatrfliaesl 919 19 Relaleé party transactions There were no disdosable related p2rfv transacbtsns dunng the > ear I££4 pone,