North West Methodist Mission Charity Accounts

COMPANY REGISTRATION NUMBER: NI614721

CHARITY REGISTRATION NUMBER: NIC104734

North West Methodist Mission

Company Limited by Guarantee

Financial Statements

31 December 2025

North West Methodist Mission

Company Limited by Guarantee

Financial Statements

Year ended 31 December 2025

	Page

Trustees' annual report (incorporating the directors' report)	1

Independent auditor's report to the members	11

Statement of financial activities (including income and expenditure account)	15

Statement of financial position	16

Statement of cash flows	17

Notes to the financial statements	18

North West Methodist Mission

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Directors' Report)

Year ended 31 December 2025

The trustees, who are also the directors for the purposes of company law, present their report and the financial statements of the charity for the year ended 31 December 2025 .

Reference and administrative details

Registered charity name	North West Methodist Mission

Charity registration number	NIC104734

Company registration number	NI614721

Principal office and registered	36 Clooney Terrace
office	Londonderry
	BT47 6AR

The trustees

	Mr J Gibson
	Ms M Hamilton
	Ms T R Hegarty (Vice Chair)
	Mr M Johnston (Treasurer)
	Dr W P Leeson
	Mr J G Lusby (Board Secretary)
	Miss J McCandless
	Rev P Morris (Deputy Chair)
	Dr M Parker
	Rev Dr S F Skuce (Chair)
	Mrs H Wray

Mission Director Liam Milligan

Auditor	Donaldson & Thompson
	Chartered Accountants & statutory auditor
	3 Limavady Road
	Londonderry
	BT47 6JU

Bankers	Ulster Bank Ltd
	29 Clooney Terrace
	Waterside
	Londonderry
	BT47 6AS

Solicitors	Babingtons Solicitors
	9 Limavady Road
	Londonderry
	BT47 6JU

Structure, governance and management

North West Methodist Mission is part of the Methodist Church in Ireland and is a charitable company limited by guarantee, incorporated on 1st October 2012, accepted as a charity by HM Revenue & Customs under reference XT39218 and registered with the Charity Commission for Northern Ireland on 8th February 2017 under charity number NIC104734.

The company was established under a Memorandum of Association which states the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £1.

North West Methodist Mission is a provider of Supporting People services, as accredited by the Northern Ireland Housing Executive.

Governance

During the year the Mission Board met quarterly. The Board membership as a whole is noted annually at the Methodist Conference in Ireland. The Board continues to monitor its membership. A skills audit of the Board membership has taken place and is reviewed on a regular basis. A Register of Interests for Board Members is also maintained. Declaration of interests is a standing item on all of the agendas for Board meetings. The Board has devised a Conflicts of Interests Policy as well as financial policies and procedures.

The Board provides training to Trustees in various areas to ensure good governance. Board members must always act in the best interests of NWMM and as such are covered by qualifying for third party indemnity provision, which has been in place throughout the past year and will remain in place.

Two Sub-committees have been established by the Board a Finance and General Purposes Committee and a Human Resource and Terms of Service committee. These replace the Office Bearers group and serve to enhance the good governance practice already established and support the work of the Board. Each Sub-committee operates under a Terms of Reference agreed by the Board.

During 2024 the Board commissioned an independent Salary and Benefits Benchmarking report undertaken by Consult HR. It is pleasing to be able to report the exercise confirmed the Mission compares extremely favourably within our sector in relation to both rates of pay and terms & conditions, with rates in some cases the highest or close to the highest paid. Terms & conditions included looking at benefits such as annual leave, occupational sick pay, pension, confidential counselling service and health benefits. Again it is pleasing to report the Mission compared well here also.

The Board commissioned a review of the benchmarking exercise during the year and is pleased to report the findings in terms of favourable rates of pay and terms and conditions of employment remain.

Policies are reviewed and updated on a circulatory basis and also in response to legislative changes, while new policies and procedures are devised as required. In line with new requirements the Board will review its Safeguarding of Vulnerable Adults and Children Policy on an annual basis.

Primary Purposes

Mission

The purpose of NWMM is to demonstrate faith in action by responding effectively to the needs of people in the North West and enable them to achieve their potential

Vision

The vision of NWMM is of a society enriched by a commitment to promote social justice in all aspects of life

Values

Social justice

A commitment to the principles of equality, solidarity and human rights that recognises the dignity of every human being

Empowerment

Supporting the development of individuals and communities to take more responsibility for, and control of, their own lives

Compassion

Living our faith in action through selfless concern for others

Inclusion & Diversity

A commitment to a welcoming hospitality that treats everyone with dignity and respect, celebrates diversity, and enables the marginalized to feel they belong

Responsiveness

Respond effectively to the changing needs and aspirations of the local community

Integrity

Being open and transparent in all our activities - doing what we say and saying what we mean

Risk management

During 2025 the Mission Board and Senior Management considered the major risks that the charity faces through its strategic planning process. This enables compliance with relevant regulations and legislation. The Mission Board has devised a Risk Register, and this is reviewed at each of our meetings. During the year risk assessments for each occupational area were reviewed and updated as appropriate by the Senior Management team.

A Fixed Assets list has been completed.

In respect of financial risk, the Board receives regular financial reports with systems and controls in place to mitigate significant financial risks. Finance policies are reviewed and updated. During these uncertain economic conditions, we continue to review our business risks. The current external environment continues to have a significant impact due to inflation and cost of living crisis.

We continue to maintain positive relations with our clients, funders and stakeholders.

Objectives and activities

Primary Objectives

North West Methodist Mission has within its Strategic Plan 2022 - 2027 eight core objectives:

Homelessness

To respond effectively to homelessness in the North-West.

Community

To respond effectively to the needs of the local community in the North-West.

Collaboration

To ensure that NWMM collaborates effectively with other churches and organisations in achieving its mission.

Communications

To ensure effective communication with NWMM internal and external stakeholders

Finance

To ensure that NWMM has the financial resources it requires to achieve its plans and these resources are effectively and efficiently managed.

Human Resources

To ensure that NWMM has the staff and volunteers that it needs to achieve its plans and these volunteers and staff are effectively utilised, valued, supported and managed.

Premises and Physical Resources

To ensure that NWMM has the premises and other physical resources it requires to achieve its aims and priorities efficiently and effectively and these resources are well managed and maintained.

Governance

To ensure that the governance and structure of NWMM are fit for purpose and comply with the requirements of the law and best practice.

Public Benefit

The Trustees have considered relevant charity legislation, which sets out the requirements for charities to demonstrate their aims and activities are for public benefit. The Trustees confirm that they have had regard to the Charity Commission for Northern Ireland guidance on public benefit.

Homeless

The direct benefit flowing from our purposes include reduced numbers of men, women and children experiencing homelessness. The support of clients in our service to overcome the causes that lead to them becoming homeless in the first place, enabling them to integrate back into the community and sustain tenancies. This reduces the pressure on other statutory services as a result of harm reduction interventions whilst in our service. The wider community benefits due to a reduction in rough sleeping and anti social behaviour. Society benefits as clients acquire skills and become able to live independently and seek training and/or employment.

On the basis of an established track record of providing highly regarded and quality based services, continued accreditation by the NI Housing Executive, and financial reserves, the Trustees are satisfied that there are adequate resources available to continue operating for the foreseeable future.

Achievements and performance

Current need

Official statistics published by the Northern Ireland Statistics and Research Agency, NISRA, statisticians in the Department for Communities present data on homelessness in Northern Ireland for the period April to September 2025.

Key findings

During the period of April to September 2025, a total of 8,217 households presented as homeless in Northern Ireland.

- Of those who presented, 5,366 households (65.3%) were accepted as statutorily homeless.

- The top three reasons for presenting as homeless were: accommodation not reasonable (22.7%), sharing breakdown or family dispute (21.6%), and loss of rented accommodation (14.6%).

- Just under a third of households accepted as statutorily homeless were families (1,763), followed by single males (1,416) and pensioner households (994).

- Belfast had the highest rate of homeless presenters per 1,000 population (7.5), followed by Derry City and Strabane (5.5) and Mid and East Antrim (5.4).

- As of October 2025, 5,408 households were living in temporary accommodation. Over half (55.8%) had been in temporary accommodation for less than 12 months, whilst 7.9% had been there for five years or more.

- The most common types of temporary accommodation used for placements were hotels and B&Bs (36.5%), Dispersed Intensively Managed Emergency Accommodation (22.6%), and private single lets (18.3%)

Performance

The delivery of services is against a backdrop of increasing demand.

Men's Hostel

Admissions 51

Move On 54

Occupancy 93%

Clarendon Shelter Women & Children

Admissions 27

Occupancy 97%

Move On 19

Our services provide tailored support to clients presenting with increasingly complex needs. This is delivered by skilled support staff who engage in one-to-one key working sessions. These are aimed at supporting clients and helping them overcome issues which have led to homelessness and/or emerged because of homelessness. The tables below summarise the range of issues which clients present with, and the number of clients supported in both services. In many cases clients are assisted in accessing professional health services and treatment.

Men's Hostel

Clarendon Shelter

Achievements

We continue to engage positively with key stakeholders and funders to enhance the delivery of services.

We are pleased to report that NWMM successfully renewed it Supporting People Accreditation during the year.

Additionally, the Mission also successfully completed a quality management review and contract review with Supporting People.

The Mission also successfully completed a contract review meeting with the Western Health and Social Care Trust securing a two-year extension to our current contract.

NWMM has undertaken a review of investments and designated funds for the development of move on accommodation during the year.

We continue to engage with our sister Missions through the Mission Forum with the Mission Superintendents and CEO's meeting to discuss issues of mutual interest. The Missions also hosted a Forum residential in Dublin for senior staff which was well attended and positively received by delegates. Further meetings are planned for 2026.

The Mission continues to lobby government on the challenges facing the sector via our sector body, Homeless Connect. We also attended a meeting during the year with Minister Gordon Lyons and Department for Communities Permanent Secretary, Colum Boyle to highlight concerns about the upward trend in homelessness figures and the pressure on the sector.

The Mission became a participant in the SUMIT project. What is SUMIT - SUMIT (Substance Use and Mental Health Interventions using Digital Technology) is a €6.8m project supported by PEACEPLUS, a programme managed by the Special EU Programmes Body (SEUPB). The project is led by Queen's University Belfast and partnered with Trinity College Dublin (TCD), Digital Heath and Care Innovation Centre DHI (Scotland), University of St Andrews and Scottish Council for Voluntary Organisations. It is aimed at at transforming support for people living with substance use and mental health challenges across Northern Ireland and Ireland using digital enhancements for existing supports.

Following the agreement reached with Clooney Hall Church and the Methodist Church in Ireland for the purchase of a property for the project No.34 Clooney Terrace was acquired. Since acquisition the ground floor of the building is being used as a family contact centre operated by the WHSCT. Discussions are ongoing involving a number of stakeholders on the future development and renovation of the property

Policy reviews have been completed with a range of policies having been reviewed and updated during the year.

Activities continue to be delivered and developed to enhance the support provided to our clients, these include:

- Afternoon tea's, themed meal nights & quizzes

- Daytrips

- MENTALK Programme aimed at addressing loneliness and social isolation.

- Cooking nutritious meals on a budget

- Marking key days and events such as International Women's Day, Mental Health Awareness Day, Volunteers Week, Healthy Eating Week and Homeless Awareness Week

We continue to fundraise and develop our social media profile and presence with several key events delivered during the year:

- This includes our annual Tour de Foyle cycling fundraiser and family fun cycle which is growing in popularity. A huge thank you to all who took part and to volunteers, Marshalls, PSNI, the Rapid Relief Team, Sponsors and the Executive Office without whose support we could not run the event.

- We held a breakfast event during Homelessness Awareness Week which included very moving testimonies from past and present Service Users of their experience of homelessness and the valuable support provided by the Mission.

What our clients say about us.

Clarendon Shelter Women & Children

"Thank you for you have done for me and for giving me an extra few days to get my new flat sorted as I was worried because I had no furniture" - LJ

"Thank you for giving me a lovely flat to stay in before I got my own house. I will never forget you all. the most important thing I will remember is your kindness and always giving me hope" - C McD

"Before I came to you, I had nothing I wanted to die. You gave me hope you got me a room so I could get help for my mental health and addiction. You supported me to court and spoke for me so I only got probation and I am attending that. I also am getting a place in ASHA because you helped me make all my appointments. I am so grateful. I have a life again" - O McC

(ASHA is a treatment centre through the western trust for substance misuse and is hard to get into unless you are consistent with appointments)

Men's Hostel.

These are some of the comments from former clients and some who are still receiving support at the hostel.

"Staff showed kindness, empathy, and honesty, which helped me understand what to expect next."

"Thanks for supporting me in finding my own path to recovery, not just telling me what to do."

"I feel safe and secure here, which allows me to focus on my future."

"Staff helped with benefits and housing forms they stayed in touch after I left."

"Having this safe, warm space... enabled me to rethink and take stock of the situation I was in."

Financial review

Review of activities 2025

The Statement of Financial Activities for the year ended 31 December 2025 is set out on page 20 of the Financial Statements. The company returned a surplus for the year of £148,067 after other recognised gains and losses. Income generated from the company's activities was £1,885,501 (2024 - £1,702,380) of which 59% was grants from the NI Housing Executive and the Western Health Social Care Trust.

Support services are regulated and funded by the Supporting People policy and funding framework, which is administered by the Northern Ireland Housing Executive. The Mission Board share collective responsibility and are committed to good stewardship of funds received, a high standard of service provision and a prudent reserves policy. The aims and objectives for 2025 included continuing enhancement of quality services, greater participation of residents, the strengthening of resettlement services, actively supporting residents to "move- on" and to sustain more independent tenancies.

The Mission Board is pleased to report that significant progress has been made to meet the aims and objectives during 2025. A budget income and expenditure account including the above objectives is prepared at the start of each financial year and the 2025 objectives were met.

The NWMM Board considers it prudent to hold funds in reserve in case unforeseen circumstances should lead to financial difficulties, which might put the future of its employment capacity, residents' well-being, general mission work and property in jeopardy. Reserves may be defined as restricted or unrestricted. Restricted reserves relate to surpluses accumulated as a result of a binding restriction by the donor over the use of the income donated. Unrestricted reserves relate to surpluses accumulated from all other sources of income and will be applied to general purposes within the company at the discretion of the Board. Designated reserves refer to that portion of unrestricted reserves which the Board has allocated for a specific purpose.

The Board considers 100% of unrestricted annual operating costs to be adequate reserves. Accumulated reserves as at 31 December 2025 were £1,603,567, (2024 - £1,478,892) of which £913,026 were designated funds and a further £120,271 (2024 - £96,880) were restricted funds.

Plans for future periods

- Continue to provide high quality temporary accommodation and support to homeless men including harm reduction support through our Men's Hostel.

- Continue to provide refuge and temporary accommodation to women fleeing domestic abuse, homeless single women and children via our Clarendon Shelter services.

- Continue to work in partnership and build sustainability.

- Explore and research longer-term accommodation solutions for our service users.

- Continue to provide other services such as the Drop-in Centre and the Parent & Toddler Group.

- Further develop Clooney Centre as a community resource

- Further develop and communicate the work of the Five Missions Forum

- Continue to develop and deliver our homelessness education and awareness programme to schools and community organisations within the region

- Continue to invest in the skills and development of our Trustees, staff and volunteers through appropriate training and development opportunities both on and off the job

- Continue to ensure quality standards are understood and met across the organisation

- Ensure our core values and clients are at the centre of all we do

Trustees' responsibilities statement

The trustees, who are also directors for the purposes of company law, are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the income and expenditure, for that period. In preparing these financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the applicable Charities SORP; - make judgments and accounting estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Auditor

Each of the persons who is a trustee at the date of approval of this report confirms that:

- so far as they are aware, there is no relevant audit information of which the charity's auditor is unaware; and - they have taken all steps that they ought to have taken as a trustee to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information.

The auditor is deemed to have been re-appointed in accordance with section 487 of the Companies Act 2006.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

The trustees' annual report (incorporating the directors' report) was approved on 6 May 2026 and signed on behalf of the board of trustees by:

Mr M Johnston (Treasurer)

Trustee

North West Methodist Mission

Company Limited by Guarantee

Independent Auditor's Report to the Members of North West Methodist Mission

Year ended 31 December 2025

Opinion

We have audited the financial statements of North West Methodist Mission (the 'charity') for the year ended 31 December 2025 which comprise the statement of financial activities (including income and expenditure account), statement of financial position, statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: - give a true and fair view of the state of the charity's affairs as at 31 December 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; - have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and the provisions available for small entities, in the circumstances set out in note 28 to the financial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- the information given in the trustees' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the trustees' report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees' report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of trustees' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit; or - the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the directors' report and from the requirement to prepare a strategic report.

Responsibilities of trustees

As explained more fully in the trustees' responsibilities statement, the trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also: - Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. - Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. - Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees. - Conclude on the appropriateness of the trustees' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charity's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the charity to cease to continue as a going concern. - Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Use of our report

This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body, for our audit work, for this report, or for the opinions we have formed.

Alistair Sterritt

(Senior Statutory Auditor)

For and on behalf of

Donaldson & Thompson

Chartered Accountants & statutory auditor

3 Limavady Road

Londonderry

BT47 6JU

6 May 2026

North West Methodist Mission

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 31 December 2025

	2025			2024
	Unrestricted funds	Restricted funds	Total funds	Total funds
Note	£	£	£	£

Income and endowments

Donations and legacies	5	14,810	–	14,810	13,309
Charitable activities	6	847,155	1,004,564	1,851,719	1,674,057
Other trading activities	7	6,942	–	6,942	3,972
Investment income	8	10,030	–	10,030	11,042
Other income	9	2,000	–	2,000	–
		---------	------------	------------	------------
Total income		880,937	1,004,564	1,885,501	1,702,380
		---------	------------	------------	------------

Expenditure

Expenditure on raising funds:

	Costs of other trading activities		10	1,225	–	1,225	635
Expenditure on charitable activities		11,12		738,999	1,019,639	1,758,638	1,618,807
				---------	------------	------------	------------
Total expenditure				740,224	1,019,639	1,759,863	1,619,442
				---------	------------	------------	------------

	---------	------------	------------	------------
Net income	140,713	( 15,075)	125,638	82,938
	---------	------------	------------	------------

Transfers between funds	(38,467)	38,467	–	–

Other recognised gains and losses

Gains from revaluation of fixed assets	22,429	–	22,429	23,248
	---------	------------	------------	------------
Net movement in funds	124,675	23,392	148,067	106,186

Reconciliation of funds

Total funds brought forward	1,478,892	96,880	1,575,772	1,469,586
	------------	------------	------------	------------
Total funds carried forward	1,603,567	120,272	1,723,839	1,575,772
	------------	------------	------------	------------

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

North West Methodist Mission

Company Limited by Guarantee

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible fixed assets	17		143,233	152,174

Current assets

Debtors	18	166,539	127,277
Investments	19	694,505	672,076
Cash at bank and in hand		872,683	774,572
		------------	------------
		1,733,727	1,573,925

Creditors: amounts falling due within one year	21	153,121		150,327
		------------		------------
Net current assets			1,580,606	1,423,598
			------------	------------
Total assets less current liabilities			1,723,839	1,575,772
			------------	------------
Net assets			1,723,839	1,575,772
			------------	------------

Funds of the charity

Restricted funds		120,272	96,880

Unrestricted funds:

	Revaluation reserve		73,061		50,632
	Other unrestricted income funds		1,530,506		1,428,260
			------------		------------
Total unrestricted funds			1,603,567		1,478,892
				------------	------------
Total charity funds		23		1,723,839	1,575,772
				------------	------------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 6 May 2026 , and are signed on behalf of the board by:

Mr M Johnston (Treasurer)	Rev Dr S F Skuce (Chair)
Trustee	Trustee

North West Methodist Mission

Company Limited by Guarantee

Statement of Cash Flows

Year ended 31 December 2025

	2025	2024
Note	£	£

Cash flows from operating activities

Net income	125,638	82,938

Adjustments for:
Depreciation of tangible fixed assets	11,516	11,818
Dividends, interest and rents from investments	(10,030)	(11,042)
Accrued income	( 8,696)	( 14,400)

Changes in:
Trade and other debtors	( 795)	( 54,513)
Trade and other creditors	( 29,967)	( 51,954)
	---------	--------
Cash generated from operations	87,666	( 37,153)
	--------	--------
Net cash from/(used in) operating activities	87,666	( 37,153)
	--------	--------

Cash flows from investing activities

Dividends, interest and rents from investments	10,030	11,042
Purchase of tangible assets	( 2,575)	( 147,029)
	--------	---------
Net cash from/(used in) investing activities	7,455	( 135,987)
	--------	---------

Net increase/(decrease) in cash and cash equivalents		95,121	( 173,140)
Cash and cash equivalents at beginning of year		770,892	944,032
		---------	---------
Cash and cash equivalents at end of year	20	866,013	770,892
		---------	---------

North West Methodist Mission

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 December 2025

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 36 Clooney Terrace, Londonderry, BT47 6AR.

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 preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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.

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, non-charitable 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.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Buildings	-	2% straight line
Fixtures & fittings	-	20% straight line
Motor Vehicles	-	33% straight line
Equipment	-	33% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

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.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

4. Limited by guarantee

North West Methodist Mission is a company limited by guarantee and accordingly does not have a share capital.

Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.

5. Donations and legacies

Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
£	£	£	£

Donations

Mission donations	14,810	14,810	13,309	13,309
	--------	--------	--------	--------

6. Charitable activities

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Grant income - Supporting People	–	1,000,888	1,000,888
Grant income - W.H.S.C.T.	106,327	–	106,327
Hostel accommodation & personal charges	698,274	–	698,274
Room hire & related income	29,623	–	29,623
Project & activities income	12,931	3,676	16,607
	---------	------------	------------
	847,155	1,004,564	1,851,719
	---------	------------	------------

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Grant income - Supporting People	–	973,637	973,637
Grant income - W.H.S.C.T.	99,150	–	99,150
Hostel accommodation & personal charges	560,603	–	560,603
Room hire & related income	32,055	–	32,055
Project & activities income	3,037	5,574	8,612
	---------	---------	------------
	694,845	979,211	1,674,057
	---------	---------	------------

7. Other trading activities

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Fundraising events	6,942	6,942	3,972	3,972
	-------	-------	-------	-------

8. Investment income

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Income from listed investments	2,149	2,149	2,080	2,080
Income from cash investments	7,881	7,881	8,962	8,962
	--------	--------	--------	--------
	10,030	10,030	11,042	11,042
	--------	--------	--------	--------

9. Other income

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Gain on disposal of tangible fixed assets held for charity's own use	2,000	2,000	–	–
	-------	-------	----	----

10. Costs of other trading activities

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Fundraising costs	1,225	1,225	635	635
	-------	-------	----	----

11. Expenditure on charitable activities by fund type

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Clooney Hall activities	54,837	–	54,837
General charitable	179,099	–	179,099
Homeless Services	460,451	962,585	1,423,037
34 Clooney	8,740	–	8,740
Support costs	35,872	57,054	92,925
	---------	------------	------------
	738,999	1,019,639	1,758,638
	---------	------------	------------

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Clooney Hall activities	64,714	–	64,714
General charitable	58,024	–	58,024
Homeless Services	522,337	875,366	1,397,702
34 Clooney	7,526	–	7,526
Support costs	34,463	56,376	90,841
	---------	---------	------------
	687,064	931,742	1,618,807
	---------	---------	------------

12. Expenditure on charitable activities by activity type

	Activities undertaken directly	Support costs	Total funds 2025	Total fund 2024
	£	£	£	£
Clooney Hall activities	54,837	–	54,837	64,850
General charitable	179,099	1,602	180,701	59,436
Homeless Services	1,423,037	50,039	1,473,076	1,447,344
34 Clooney	8,740	2,731	11,471	10,256
Governance costs	–	38,553	38,553	36,921
	------------	--------	------------	------------
	1,665,713	92,925	1,758,638	1,618,807
	------------	--------	------------	------------

13. Analysis of support costs

	Support costs	Total 2025	Total 2024
	£	£	£
Finance costs	1,299	1,299	991
Governance costs	29,622	29,622	36,922
Other Support costs	53,072	53,072	53,069
	--------	--------	--------
	83,993	83,993	90,982
	--------	--------	--------

14. Net income

Net income is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible fixed assets	11,516	11,818
Gains on disposal of tangible fixed assets	(2,000)	–
Fees payable for the audit of the financial statements	12,600	11,434
	--------	--------

15. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

	2025	2024
	£	£
Wages and salaries	1,186,740	1,083,366
Social security costs	111,712	85,482
Employer contributions to pension plans	26,697	24,567
	------------	------------
	1,325,149	1,193,415
	------------	------------

The average head count of employees during the year was 44 (2024: 42 ). The average number of full-time equivalent employees during the year is analysed as follows:

	2025	2024
	No.	No.
Number of staff	44	42
	----	----

The number of employees whose remuneration for the year fell within the following bands, were:

	2025	2024
	No.	No.
£60,000 to £69,999	1	1
	----	----

Key Management Personnel

Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the activities of the charity. The total compensation paid to key management personnel for services provided to the charity was £248,549 (2024:£245,867).

16. Trustee remuneration and expenses

No expenses, remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

17. Tangible fixed assets

	Land and buildings	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 January 2025	136,515	109,197	20,125	31,909	297,746
Additions	–	1,477	–	1,098	2,575
Disposals	–	–	( 20,125)	–	( 20,125)
	---------	---------	--------	--------	---------
At 31 December 2025	136,515	110,674	–	33,007	280,196
	---------	---------	--------	--------	---------
Depreciation
At 1 January 2025	2,730	95,213	20,125	27,504	145,572
Charge for the year	2,731	6,180	–	2,605	11,516
Disposals	–	–	( 20,125)	–	( 20,125)
	---------	---------	--------	--------	---------
At 31 December 2025	5,461	101,393	–	30,109	136,963
	---------	---------	--------	--------	---------
Carrying amount
At 31 December 2025	131,054	9,281	–	2,898	143,233
	---------	---------	--------	--------	---------
At 31 December 2024	133,785	13,984	–	4,405	152,174
	---------	---------	--------	--------	---------

18. Debtors

	2025	2024
	£	£
Trade debtors	12,785	11,148
Prepayments and accrued income	109,281	68,290
Other debtors	44,473	47,839
	---------	---------
	166,539	127,277
	---------	---------

19. Investments

	2025	2024
	£	£
Listed investments	38,637	38,106
Unlisted investments	655,868	633,970
	---------	---------
	694,505	672,076
	---------	---------

20. Cash and cash equivalents

Cash and cash equivalents comprise the following:

	2025	2024
	£	£
Cash at bank and in hand	872,683	774,572
Bank overdrafts	( 6,670)	( 3,680)
	---------	---------
	866,013	770,892
	---------	---------

21. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	6,670	3,680
Trade creditors	8,660	13,324
Accruals and deferred income	66,790	37,019
Social security and other taxes	34,881	29,987
Other creditors	19,934	49,872
Other creditors	16,186	16,445
	---------	---------
	153,121	150,327
	---------	---------

22. Pensions and other post retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £ 26,697 (2024: £ 24,567 ).

23. Analysis of charitable funds

Unrestricted funds

	At 1 Jan 2025	Income	Expenditure	Transfers	Gains and losses	At 31 Dec 2025
	£	£	£	£	£	£
General funds	679,008	76,336	(64,802)	–	–	690,542
Revaluation reserve	50,632	–	–	–	22,429	73,061
Designated fund - Homeless services	749,252	804,601	(675,422)	(38,467)	–	839,964
	------------	---------	---------	--------	--------	------------
	1,478,892	880,937	(740,224)	(38,467)	22,429	1,603,567
	------------	---------	---------	--------	--------	------------

	At 1 Jan 2024	Income	Expenditure	Transfers	Gains and losses	At 31 Dec 2024
	£	£	£	£	£	£
General funds	688,468	63,415	(72,875)	–	–	679,008
Revaluation reserve	27,384	–	–	–	23,248	50,632
Designated fund - Homeless services	711,700	659,753	(614,824)	(7,377)	–	749,252
	------------	---------	---------	-------	--------	------------
	1,427,552	723,168	(687,699)	(7,377)	23,248	1,478,892
	------------	---------	---------	-------	--------	------------

Restricted funds

	At 1 Jan 2025	Income	Expenditure	Transfers	Gains and losses	At 31 Dec 2025
	£	£	£	£	£	£
Restricted Fund - Others	–	3,676	(3,676)	–	–	–
Restricted Fund - SP Homeless services	96,880	1,000,888	(1,015,963)	38,467	–	120,272
	--------	------------	------------	--------	----	---------
	96,880	1,004,564	(1,019,639)	38,467	–	120,272
	--------	------------	------------	--------	----	---------

	At 1 Jan 2024	Income	Expenditure	Transfers	Gains and losses	At 31 Dec 2024
	£	£	£	£	£	£
Restricted Fund - Others	2,481	5,574	(8,055)	–	–	–
Restricted Fund - SP Homeless services	39,553	973,637	(923,687)	7,377	–	96,880
	--------	---------	---------	-------	----	--------
	42,034	979,211	(931,742)	7,377	–	96,880
	--------	---------	---------	-------	----	--------

24. Analysis of net assets between funds

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Tangible fixed assets	143,233	–	143,233
Investments	694,505	–	694,505
Current assets	918,948	120,271	1,039,219
Creditors less than 1 year	(153,118)	–	(153,118)
	------------	---------	------------
Net assets	1,603,568	120,271	1,723,839
	------------	---------	------------

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Tangible fixed assets	152,174	–	152,174
Investments	672,076	–	672,076
Current assets	804,968	96,880	901,848
Creditors less than 1 year	(150,326)	–	(150,326)
	------------	--------	------------
Net assets	1,478,892	96,880	1,575,772
	------------	--------	------------

25. Financial instruments

Financial assets that are debt instruments measured at amortised cost

	2025	2024
	£	£
Trade debtors	12,785	11,148
Cash at bank and in hand	872,683	774,572
Investments	694,505	672,076
	------------	------------
Total	1,579,973	1,457,796
	------------	------------

Financial liabilities measured at amortised cost

	2025	2024
	£	£
Trade creditors	8,659	13,324
Credit card	6,670	3,680
	--------	--------
Total	15,329	17,004
	--------	--------

26. Analysis of changes in net debt

	At 1 Jan 2025	Cash flows	At 31 Dec 2025
	£	£	£
Cash at bank and in hand	774,572	98,111	872,683
Bank overdrafts	(3,680)	(2,990)	(6,670)
Current asset investments	672,076	22,429	694,505
	------------	---------	------------
	1,442,968	117,550	1,560,518
	------------	---------	------------

North West Methodist Mission

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 December 2025

27. Related parties

During the year the charity entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2025	2024	2025	2024
	£	£	£	£
Payment in respect of pastoral support	30,180	30,180	–	–
	--------	--------	----	----

As detailed above, during the year North West Methodist Mission made payments to and received amounts from the Londonderry, Inishowen, Limavady and Strabane Mission Circuit, an organisation which is also governed by the Methodist Church in Ireland and which has some officials who are also directors of North West Methodist Mission. North West Methodist Mission is under the direction of the Methodist Church in Ireland. During the year the Methodist Church in Ireland continued to invest funds with Epworth Investment Management on behalf of the company. At the year end these funds were valued at £655,869 (2024: £633,970).

28. Ethical standards

In common with many other charities of our size and nature we use our auditors to assist with the preparation of the financial statements.