The trustees present their annual report and financial statements for the year ended 5 April 2026.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Mission's Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).
The charity’s objects are to promote the Glory of God by advancing his Kingdom among Irish people (with special concern for Roman Catholics), by spreading the Gospel of our Lord Jesus Christ as revealed in the Holy Scriptures and as expressed in keeping with the principles of the Reformation as expressed in the Articles of Religion in the Church of England and the Church of Ireland.
The activities that we undertake to achieve our objectives are twofold.
Firstly, we want to start new churches.
Ireland still needs the gospel faithfully proclaimed and lived out by God’s forgiven people. There could be nothing more exciting than planting the gospel to grow the church. This priority requires direct evangelism or missionary work with different people groups in Ireland. With the work focused on the Republic of Ireland, we engage directly with both ‘new’ Irish – those who have continued to arrive from overseas for work, study or asylum – and ‘indigenous’ Irish including third-level students at the major universities in Dublin along with young professionals and suburban families.
Currently in church membership with ICM we have three self-sustaining churches: Immanuel Church Dublin, City Church Dublin and Christ Church North Dublin. We also have two fledgling works: The Iranian Gospel Church Dublin and Dublin Bible Talks. The development, care and growth of these churches and ministries shape our first priority.
Secondly, we want to strengthen and support existing Anglican churches and ministries
This is achieved in multiple ways. We provide a consultancy platform for those exploring new ministries in Ireland and for those seeking to revitalize current churches. To this end we look at issues of doctrine or practice that may be challenging for leaders to implement in church leadership and pastoral care. From a growing body of first-hand knowledge and experience, we are happy to provide consultancy clinics for those exploring church planting in Ireland. We also discuss specific topics relating to mission and cultural engagement from a biblical perspective.
In addition to providing a consultancy service for church planting/revitalization, we also offer a catalyst opportunity. Essentially our existing ministries and churches are willing to provide a safe home to other nascent ministries and church planters for a period. This incubation allows for first-hand experience of starting and growing ministries; an essential skill when beginning a new church plant. At a suitable time, the incubating church planter can branch out from a position of strength to begin their new church plant.
In planning its activities, the trustees have paid due regard to Charity Commission guidance concerning public benefit, including guidance relating to charities advancing religion. ICM’s work provides public benefit through the proclamation of the Christian faith, the establishment and support of local churches, pastoral and biblical teaching, leadership development and ministry among people from diverse cultural backgrounds. The trustees are grateful to staff, volunteers, churches, partner organisations, prayer supporters and donors. During the year, ICM has continued seeking to start, strengthen and support healthy Anglican evangelical churches across the island, trusting God to raise up gospel workers and use these ministries for the salvation and strengthening of many people.
Irish Church Missions (ICM) is an indigenous mission agency committed to starting, strengthening and supporting healthy Anglican evangelical churches across the island of Ireland. This includes churches within the established structures of the Church of Ireland and churches within the Anglican Convocation in Europe (ACE), under the episcopal oversight of Bishop Andy Lines. ICM seeks to reach both indigenous Irish communities and people who have arrived in Ireland for work, study or asylum. Its work includes evangelism, church planting, leadership development, pastoral support, training and practical assistance for churches and emerging ministries. ICM’s established membership churches include Immanuel Church Dublin, City Church Dublin and Christ Church North Dublin. It also supports the Iranian Gospel Church Dublin, Dublin Bible Talks and newer church-planting initiatives.
Cherrywood church plant
A significant development during the year has been progress in the church plant in Cherrywood, South Dublin. This is a Crosslinks church plant. ICM supports the work as an indigenous mission agency, while the church planter and his family have been nurtured by Immanuel Church Dublin. Through this partnership, they are receiving a full range of support as they work towards establishing the new church. This includes pastoral care, ministry supervision, theological and practical support, accountability, prayer, training, administration and the benefits of being embedded within an established healthy local church.
The planter and his family have settled in Cherrywood, a rapidly growing and diverse community. A small Bible study has begun meeting in their home, and work is continuing to form a launch team and build relationships within the local community. The intention is to establish a healthy, gospel-centred Anglican church that grows principally through evangelism and people coming to new life in Christ, rather than through the transfer of Christians from other churches.
Developing ministries
The Iranian Gospel Church Dublin continues to meet weekly in the ICM building, giving Farsi-speaking people the opportunity to hear and explore the gospel in their own language. Bible teaching is also shared through YouTube, enabling the ministry to reach people beyond Dublin and Ireland. ICM has been encouraged by the growth of ACE clergy leadership: Rev’d Jordan Cunningham was ordained deacon in April, and ICM is in a process of discernment with Bishop Andy Lines concerning the possible ordination of Alireza Aljahri to serve the Iranian Gospel Church Dublin.
Dublin Bible Talks continues to provide regular online Bible teaching and evangelistic engagement with people in business and professional networks. The ministry also equips Christians to speak meaningfully with colleagues about faith and Christian practice.
City Church Dublin has benefited from access to a larger meeting space and continues to explore opportunities for evangelism and community ministry, including work among new arrivals and a parent-and-baby ministry. Christ Church North Dublin continues its ministry of preaching, prayer, discipleship and evangelism while exploring more suitable meeting premises.
Strengthening churches and facilities
As a mission agency, ICM is committed not only to planting new churches but also to strengthening and supporting existing Anglican evangelical churches and ministries. This commitment applies regardless of whether a church is located within a Church of Ireland diocese or within the diocese of ACE.
ICM provides advice and consultancy concerning church planting, revitalisation, doctrine, pastoral care, leadership, safeguarding and mission in Ireland. Its established churches also provide an incubating environment in which church planters can gain practical experience and develop ministries before launching new congregations.
ICM has continued to support member churches through safeguarding policies and procedures, complaints processes, guidance on spiritual abuse, volunteer training for children’s and vulnerable adult ministries, and reviews of vision, values, staffing and financial planning. Through the Equipped to Care ministry and its partnership with Biblical Counselling UK, churches have also received biblical teaching and training on pastoral issues including anxiety, anger, identity and suffering.
The trustees have also continued to oversee the redevelopment of ICM’s building at 28 Bachelors Walk, Dublin. The project is intended to provide more suitable, sustainable and flexible facilities for ICM’s churches, ministries, training, pastoral work and future church-planting activity. It will strengthen ICM’s capacity to serve its growing network of ministries and support gospel work in Dublin and beyond.
The first phase of the building project is due for completion by mid-September 2026. The trustees are deeply grateful for donations received from individual supporters and for grant funding, including support from The Benefact Group. These gifts have brought continued momentum to the project and demonstrate the practical partnership of many people in ICM’s mission. The trustees remain thankful for ongoing prayer, financial provision and wisdom as the work progresses.
ICM has encouraged its member churches and ministries to affiliate with the Anglican Network in Europe and join ACE. At the same time, ICM remains committed to encouraging and supporting gospel ministry within the Church of Ireland. Its partnership with Kilhorne parish during Holy Week was a particular encouragement and demonstrated the value of cooperation among Anglican evangelicals across different ecclesial structures.
The performance of the charity's investments is regularly reviewed. During the year, the listed investments held by the charity generated income of £12,230 (2025 - £15,195). The market value of the investments increased by £21,786 (2025 - decreased by £5,254). The closing value of investments was £618,985 which was an increase of £32,291 in the year (2025: increase of £3,390). The trustees are broadly content with these figures.
The trustees are actively seeking to increase fundraising so that the charity does not need to rely on drawing down its investments assets to maintain operations.
The accounts of the charity show a deficit on total funds of £56,924 (2025 - deficit of £79,208).
The deficit includes unrealised gains of £10,386 (2025 - unrealised losses of £5,420) and realised gains of £16,159 (2025 - realised gains of £166) on investment assets.
Excluding the investment movements there was a deficit for the year of £83,469 (2025 - £73,954).
The Charities SORP defines unrestricted reserves as that part of a charity's income funds that is freely available. By definition therefore, reserves excludes both restricted funds and those which could only be realised by disposing of tangible fixed assets. As can be seen on the Balance Sheet, unrestricted funds amounted to £1,722,084. Taking the net book value of tangible fixed assets £1,049,230 from this figure leaves unrestricted reserves of £672,854 (2025 - £730,322).
Unrestricted reserves are needed:
to provide funds which can be designated to specific projects to enable these projects to be undertaken at short notice;
to cover administration and support costs without which the charity could not function;
to be invested and place on deposit to generate income to cover the day-to-day running costs of the charity.
The Board has set a reserves policy which requires that:
Reserves be maintained at a level which ensures that ICM’s core activity could continue during a period of unforeseen difficulty;
A proportion of reserves be maintained in a readily realisable form.
The calculation of the required level of reserves is an integral part of the Finance Committee’s planning and budgeting.
It takes into account:
Possible liabilities that may arise;
Risks associated with each stream of income and expenditure being different from that budgeted.
ICM is seeking to maintain and increase its unrestricted funds. The trustees believe that it is prudent to maintain 9 months’ worth of budgeted expenditure from unrestricted funds in a readily realisable form (i.e. cash or cash equivalents), but will seek to generate income on reserves surplus to this.
Based on the above factors, the trustees estimate the required level of unrestricted reserves to be £235,500 as at the Balance Sheet date. Unrestricted reserves (excluding tangible fixed assets) are currently above that range. Due to future plans for investment in the Missions' buildings, additional funds are being held to cover future expenditure.
During the year ICM has also continued to place greater emphasis on its fundraising efforts and retained the services of a Fundraising Consultancy provider for part of the financial year. The Christmas Appeal raised £25,180 and the St. Patrick’s Day Appeal raised £1,353.
The management of the charity’s investment funds is delegated to professional investment managers. As none of these funds are permanently endowed, the trustees’ investment policy is to aim for safe long-term growth commensurate with planned spending needs from time to time.
The trustees have assessed the major risks to which the Mission is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. The Trustees maintain a register of risks which is reviewed and updated periodically to assist further in the risk management process.
ICM is continuing with the refurbishment of our city centre premises, this enables the building we occupy to be more fit for the variety of purposes our ministry demands.
In the next year we will also seek to offer our consultancy services to a growing number of new church planters and established ministries. We are expecting to provide catalyst opportunities for at least two new works, one based from Immanuel Church Dublin and the other from Christ Church North Dublin. We are also continuing to seek to appoint a young disciples coordinator who can oversee a work of training those directly involved in raising up the next generation of church leaders.
To accomplish such projects and ministries, we are continuing to explore a variety fundraising initiatives. ICM would like to prioritize growing its supporters base to enlist more prayerful engagement. From a growing supporters base we would like to challenge supporters to become financial donors to these ministries and projects. We are seeking to improve our communications both by post but more importantly via social media and online communication to gain this new interest. In addition, over the next year we are planning several supporter events when existing supporting churches and individuals can join staff of the ICM team for in-person discussions and for prayer.
ICM continues to co-operate with the outworking of the redress scheme following the Historical Inquiry into Abuse in Institutions in Northern Ireland. This is outlined further in the notes to the accounts.
The Mission is a company limited by guarantee, registration number 00209009, and has Department of Trade approval to omit the work 'Limited' from its name. It is governed by the Memorandum and Articles of Association. The charity is registered with the Charity Commission in England and Wales, registration number 1089081. Further details of the charity including its registered office, principal address and details of its professional advisors can be found on the second page of the accounts headed 'Legal and administrative information'.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
Trustees are drawn from the membership of the charity by recommendation of the existing board members. Membership of the charity is by written application accompanied by the support of two existing members. Qualifications for members are detailed in the charity's governing document.
There are six subcommittees which report to the board of trustees: The Finance Committee, the HIAI Committee, the HR Committee, the Legal Committee, the Safeguarding Committee and the Steering Committee.
The trustees have delegated the supervision of the work to an appointed director (Rev. David Martin). The director is responsible for the day-to-day affairs of the charity within limits set by the trustees. The director is invited to each trustees’ meeting and reports on the progress of the work whilst bringing proposals to develop the work further.
Any proposals for changes to the activities are considered by the trustees with whom rests the final decision. Any major capital decisions are taken wholly by the trustees.
New trustees are given an overview of the aims and objectives of the charity and briefed on the governance arrangements in place. It is also explained to new board members what their responsibilities are to the charity.
Funds held as custodian trustee
Biblical Counselling UK / Pastoral Care Intern
During the year ICM agreed to act as agent for the funds pertaining to Mrs E Lynch's internship connected to Biblical Counselling UK. During the year, this project became the Pastoral Care intern project. The movements on these funds during the year were:
Balance brought forward £ 10,989
Received £ -
Paid out (£ 3,529)
Balance remaining £ 7,460
Equipped to Care
During the year ICM also agreed to act as agent for the funds pertaining to Mrs E Lynch's ministry 'Equipped to Care'. The monies received and paid out during the year were:
Balance brought forward £ 22,941
Received £ 12,260
Paid out (£ 51)
Balance remaining £ 35,150
For each of the above agency funds, ICM does not have beneficial entitlement or control over these funds, hence the income, expenses and bank balance have been eliminated from the accounts, in accordance with the SORP.
Linked charity
Some years ago the charity was granted title to substantial funds known as the Stannus Funds. On 30 November 2006, the Charity Commission in England & Wales sealed a Scheme whereby Irish Church Missions was formally appointed the trustee to administer The Stannus Fund. The objects of the latter were also broadened in the Scheme 'to relieve the needs of and advance education of children and young people in Ireland up to the age of 31 in the Christian Faith', as amended and approved by the Charity Commission in February 2017. This kind of missionary work has already been carried out by ICM in both the North and the South for some years, and the fund has now been completely expended.
The trustees' report was approved by the Board of Trustees.
The trustees, who are also the directors of The Society For Irish Church Missions for the purpose 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 trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Mission and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
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 Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Mission will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the Mission 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 Mission and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
I report to the trustees on my examination of the financial statements of The Society For Irish Church Missions (the Mission) for the year ended 5 April 2026.
Having satisfied myself that the financial statements of the Mission are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the Mission’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
Since the Mission’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the Mission as required by section 386 of the Companies Act 2006.
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The Society For Irish Church Missions is a private company limited by guarantee incorporated in England and Wales. The registered office is Chantry House, 22 Upperton Road, Eastbourne, East Sussex, BN21 1BF. The charity operates from 28 Bachelors Walk, Dublin, Ireland, D01 P4V6.
The financial statements have been prepared in accordance with the Mission's Memorandum and Articles of Association, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The Mission is a Public Benefit Entity as defined by FRS 102.
The Mission has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the Mission. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of investment assets to fair value. The principal accounting policies adopted are set out below.
At the time of approving the financial statements, the trustees have a reasonable expectation that the Mission has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Cash donations are recognised on receipt. Other donations are recognised once the Mission has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
Assets are capitalised if they are anticipated to be in use for more than 12 months and cost more than £1,500.
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.
A subsidiary is an entity controlled by the Mission. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
Programme related investments
Following the transfer out of the City Church Dublin activities and assets to a separate charity, there remains a balance of £135,177 (2025 £158,823) owing to Irish Church Missions for the remaining cost of the property transferred over. A loan agreement is in place with City Church. The loan was subject to an initial 1% interest charge. As this arrangement forms part (and a continuation) of the charity's Church planting goals, this has been treated as a programme related investment in accordance with the Charity SORP. The trustees have elected to include this balance on a historic cost basis.
At each reporting end date, the Mission reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
The Mission has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Mission's balance sheet when the Mission becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Financial liabilities are derecognised when the Mission’s contractual obligations expire or are discharged or cancelled.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the Mission is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
Contributions into Defined Contribution pension schemes are charged as an expense when they fall due.
In the application of the Mission’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
Raising funds
None of the trustees (or any persons connected with them) received any remuneration or benefits from the Mission during the year. During the year no trustees were reimbursed expenses (2025: 2 trustees were reimbursed for £449 of travel and office expenses).
Trustees' Indemnity Insurance was purchased as part of our main insurance policy.
The total aggregate amount of donations received (without conditions) from the Trustees and their related parties amounted to £4,736 (2025: £4,802).
The average monthly number of employees during the year was:
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
The Charity has elected to use a previous GAAP revaluation (March 2010) of its freehold properties, held at 6 April 2014, as the deemed cost of those properties on the transition date in accordance with the transition provision contained in section 35.10(d) for FRS102. The historic costs of the assets held at the transition date and still held at the year end was £74,062 (2025: £74,062).
Following the transfer out of the City Church Dublin activities and assets to a seperate charity, there remains a balance of £135,177 (2025: £158,823) owing to Irish Church Missions for the remaining cost of the property transferred over. A loan agreement is in place with City Church. The loan was subject to an initial 1% interest charge. As this arrangement forms part (and a continuation) of the charity's Church planting goals, this has been treated as a programme related investment in accordance with the Charity SORP. The trustees have elected to include this balance on a historic cost basis. The adjustment in the year represents a currency exchange difference on the closing balance as the loan is denominated in Euros.
During the year the Mission obtained an interest free loan of €50,000 repayable in February 2031, from a company owned by a supporter of ICM. The sterling equivalent is held as a long term liability.
The Mission operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Mission in an independently administered fund.
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
Gains and losses
Gains and losses
Building funds
These funds represent monies given towards building projects. Given the current significant expansion project for 28 Bachelors Walk, we expect to use these funds in the near future.
Cameron Jones fund
This fund contains donations given towards the support of Cameron Jones, one of our Mission Partners. The costs against this fund are for grants and support passed onto Cameron.
Iranian Ministry fund
This fund contains donations given towards the ministry among Iranians, along with direct costs. The salary for the Iranian Ministry worker is recorded within Unrestricted Fund and therefore the balance remaining has been transferred to Unrestricted funds to contribute to this.
A separate fund is also held for a donation given towards housing costs for our Iranian Ministry Work.
Kieron Lynch fund
The Kieron Lynch fund relates to donations received towards the salary of Kieron Lynch, who is the pastor of Immanuel Church. In previous years most of these donations came from Immanuel Church itself, however as Immanuel Church is now consolidated within these accounts, the fund now contains donations from other sources.
Immanuel Church Dublin
Immanuel is a Church plant in Dublin overseen by one of our former Mission Partners. During the year 2022/23, ICM agreed to retake financial oversight and control of the Church. The Church operates a bank account and all funds donated by the congregation as well as some outside funding is for the ongoing work and development of the Church. All expenses relating to Immanuel Church are treated as restricted and any balance of the fund represents the funds held on behalf of Immanuel Church.
Youth Ministry fund
This fund contains donations towards youth ministry within the organisation. During 2025/26, the donor gave their permission for these funds to be reallocated to the work being started by Jordan Cunningham and a fund transfer has been made to reflect this.
Housing fund
This fund contains a donation specifically given towards the cost of precuring housing for our Iranian Ministry worker.
Patrons Fund
This fund contains donation given towards future church planting projects. These will be used in the future when these projects are started.
David Martin Fund
This fund contains donation given towards David's salary in his role as Director of ICM and Pastor of Christ Church North Dublin. David's salary is recorded within Unrestricted expenses and therefore the balance remaining on this fund has been transferred to Unrestricted funds to contribute to this.
Alireza Aghajari Fund
This fund contains donations towards the salary cost of Alireza Aghajari, the newest members of our Iranian Ministry team.
Jordan Cunningham Fund
This fund contains donations raised to support Jordan Cunningham and his family in their work to support Immanuel Church in Dublin. During 2025/26, the donor of the funds held in the Youth Work Fund gave their permission for these funds to be reallocated to the work being started by Jordan Cunningham and a fund transfer has been made to reflect this.
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
ICM continues to cooperate fully with the Historical Institutional Abuse Inquiry (HIAI) in Northern Ireland, under the parameters set out in the recommendations of the Hart Report, and more recently the proposals of The Executive Office's (TEO’s) appointed independent facilitator regarding the nature of a fair and proportionate contribution.
After five years, the scheme closed in April 2025. The final contribution under the redress scheme is still to be mutually determined. There are various factors that impact this decision. They include: the assurance that any such contribution should allow for the continuation of the frontline services being provided by the charity; the impact that all previous and current civil cases may have on the capacity of the charity to make such a contribution; and the structure that any such payment might take.
This year ICM has been made aware that in addition to the three civil cases it has already serviced, a further case has been brought against the charity. ICM is currently under the guidance of legal counsel and the case remains ongoing, with no available estimate yet as to what the financial outgoings might be.
We have continued to maintain open and transparent correspondence with TEO and those appointed to administer the compensation payments of the redress board. With their recommendations we are endeavouring to make progress on all these matters.
There were no disclosable related party transactions during the year (2025 - none).