Northern Ireland Charity Commission Reg: HMRC Reg No. . NIC108500 7641821191 Sharin2 of Ministries Abroad Ireland Trustees, report and financial statements for the period ended 31 December 2023 Sharing of Ministries Abroad Ireland Contents Page Legal and administrative inforniation Trustees report Independent examiners, report Statement of financial activities Balance sheet Notes to the financial statements 8- 11 Appendix l - Summary of Receipts & Payments 12 Sharing of Ministries Abroad Ireland Legal and administrative information Charity Commission number NIC108500 HMRC registration number 76418 21191 Registered address 2 Church Walk Lurgan Crai2avon Co. T￿one BT67 9AA Trustees Rev Andrew Quill Venerable David Huss Rev George Okikiolu Rev Adam Pullin Secretary Mrs Helen Blair Accountants Crudden Dolan Ltd. 23-25 Darling Street Enniskillen Co. Fennanagh BT74 7DP Bankers AIB NI 24 Easi Bridge Street Enniskillen Co. Fernlanagh BT74 7BT Sharing of Ministries Abroad Ireland Receipts and Payments Account for the year ended 31 December 2023 Unrestricted funds Restricted funds Total funds Total Funds 2023 2022 Receipts Donations & legacies Grants Fundraising activities Charitable trading receipts Transfer from Reserve Account Other charitable receipts 11,871 11,871 2,120 Receipts & Payments Accounts Asset and investment sales Proceeds from sale of fixed asset Loan repayments received Total receipts 11,871 11,871 2,120 Payments Cost of fundraising events Administration Expenses Direct charitable activity Grants & donations paid Governance costs 4,960 4,960 3,572 Sub total 4,960 4,960 3,572 Asset and investment purchases Purchase Plant & Equipment Purchase of Land & Buildings Sub total Total payments 4,960 4,960 3,572 Net of receipts/(payment$) £6,911 £6,911 (1,452) Transfers between funds Cash funds last year end 5,663 5,663 7,115 Cash funds this year end £12,574 £12,574 5,663 Sharing of Ministries Abroad Ireland Statements of assets and liabilities at the 31 December 2023 Unrestricted Restricted Total funds Total Funds funds funds 2023 2022 Cash funds Current account Cash account 13,074 13,074 5,903 Tolal cashfund5 13,074 Unrestricted Restricted Total funds Total Funds funds funds 2022 2022 Other monetary assets Debtors Total Fund to whieh asset belongs Current value (optional) 2022 Assets retained for the charity's OWD use Plant & Machinery Freehold Property Unrestricted Unrestricted Total Fund to which liability relates Amount due (optional) 2022 Liabilities PAYE Trade Creditors Accrual Unrestricted Unrestricted Unrestricted 500 200 Total 500 200 Trustee Trustee Date Sharing of Minlstries Abroad Ireland Notes to the financial statements for the year ended 31 December 2023 Analysis of receipts and payments 1.1 Donations Unrestricted Restricted Total Total funds funds 2023 2022 11,871 11,871 11,871 11,871 2,120 2,120 Total 1.2 Grants Unrestricted funds Restricted funds Total 2023 Total 2022 Release Grant to P & L Total 1.3 Gross receipts from other charitable activities Unrestricted funds Restricted funds Total 2023 Total 2022 Rental Income Fundraising Events Transfer from Reserve Account Donations and Legacies 11,871 11,871 2,120 Total 11,871 11,871 2,120 Sharing of Ministries Abroad Ireland Notes to the financial statements for the year ended 31 December 2023 1.4 Payments - Administration expenses Unrestricted Restricted Total Total funds funds 2023 2022 Water rates Insurance Light & heat Repairs & Maintenance Printing, postage & stationery Advertising Telephone Computer costs Cornpanies House Fees Accounts 212 212 88 122 122 64 13 13 13 220 220 340 Bank Charges Mission Trip Costs Support Bursaries Conference Costs 61 61 38 3,031 647 3,031 3,029 394 National Director Expenses Subscriptions Depreciation 260 260 Total 4,960 4,960 3,572 1.5 Payments relating directly to charitable activities Unrestrieted funds Restrieted funds Total 2023 Total 2022 Sharing of Ministries Abroad Ireland Notes to the financial statements for the year ended 31 December 2023 Total 1.6 Payments - Governance Costs Unrestricted Restricted Total Total funds funds 2023 2022 Governance Costs - Bank Fee's Governance Costs - Accounts Governance Costs - Legal Total Sharing of Ministries Abroad Ireland Notes to the financial statements for the year ended 31 December 2023 2. Breakdown of restricted funds Peace Fund Grants Total restricted funds Tot41 restricted funds last period Receipts Grants Receipts from fundraising activities Total receipts Payments Expenses for fundraising activities Payments relating directly to charitable activities Governance costs: Payments relating to &gset and investment movements Purchases of fixed assets Purchase of investments Tolalpayments Nei receipis / (payments) Transfers to / (from) funds Surplus / (deficil)foryear 3. Nature aDd purpose of funds Unrestricted Funds - are available for general purposes in accordance with the charity's purposes. Restricted Funds 4. Trustees remuneration and expenses Trustees receive no remuneration or expenses payments. Sharing of Ministries Abroad Ireland Appendix to the financial statements for the year ended 31 December 2023 Summary of receipts and payments 3.1 Receipts 2023 2022 Grants Donations & Legacies Fundraising Activities Transfer from Old SOMA Acc 11,871 2,120 11,871 2,120 3.2 Payments Use of premises Water rates Insurance Light & heat Repairs & Maintenance Printing, postage & stationery Advertising Telephone Computer costs Support Bursaries Mission Trip Costs Conference Costs National Director Expenses Companies House Fees Accounts Bank charges Subscriptions Depreciation 212 88 122 647 3.031 394 260 13 220 61 3,029 13 340 38 4,960 3572 3.3 Surplus Total for the year £6,911 (1,452) Sharing of Ministries Abroad Ireland Appendix to the financial statements for the year ended 31 December 2023 3.4 Cash funds at year end £12,574 £5,663