REGISTERED COMPANY NUMBER: NI683599 (Northern Ireland)

REGISTERED CHARITY NUMBER: 108728

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

MASTER KEY MOVEMENT

Page

Report of the Trustees

1

to

4

Independent Examiner's Report

5

Statement of Financial Activities

6

Balance Sheet

7

Notes to the Financial Statements

8

to

11

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 November 2025. The trustees have adopted the provisions of 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 trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 November 2023. The trustees have adopted the provisions of 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

Master Key Movement is a registered charity that carries out it's purpose through the promotion of Christ-centred, Bible based programmes, speaking engagements, literature publication and distribution, conferences and prayer gatherings and prayer support for men, women and children throughout the world. These are conducted either in person or over an online platform such as Zoom. We also will provide a house of refuge for women and through that programme we shall offer support, mentoring, coaching, counselling, prayer, teaching and training to individuals. In addition to this, we plan to develop educational programmes to help adults and young people build resilience and a healthy emotional lifestyle. This will be delivered in educational settings, community/faith groups or the like.

Significant activities

Ongoing ministries:

Discipleship/Food & Fellowship: These weekly meetings continue to take place on Thursday nights. Typically, there will be a two course meal served to the ladies, followed by Bible Study and prayer. The ladies have remained committed to attending as often as they can.

Beloved:

Our monthly meetings continue at The Well for teenage girls. These times are set aside to teach the Bible and pray together, but also to provide space for the girls to have fun and build friendships. They also enjoyed a weekend retreat at The Cleenish Centre.

Loved and Restored:

This is our ongoing ministry providing a safe and loving space for women who have gone through the pain of separation and divorce. Ladies continue to attend from across Northern Ireland. This ministry has continued to grow from strength to strength. This continues to be a lifeline for some women and there has been a very real sense of love and belonging and many positive connections made from the time together.

Prayer:

Ladies Prayer Meetings: Our Monday morning prayer meetings continue as and when to provide encouragement and support to the ladies who attend.

"Acorns and Arrows": Our all Ireland prayer initiative continues each month when we take a county in Ireland and pray for it. This is mainly broadcast through social media outlets and also during our Monday morning prayer times.

1:1 Mentoring / Befriending:

Throughout the year individual meet ups continue to take place with ladies who struggle with their life circumstances. These meetings include walks and talks, and individual mentoring to improve wellbeing and provide a safe space for women.

Eating Disorder Programmes:

Our community Support Programme continues with a group of sufferers and carers. This continues to be a vital resource in our local community. Tastelife Eating Disorder sessions have been ongoing with many people getting essential help, advice and much needed support.

Gathered in Compassion:

This was introduced to The Well in October 2024 where ladies who have been widowed gather together for a meal and time of fellowship. This has been such a very precious ministry with all attendees testifying of the value of it in their lives. We currently have approximately 30-35 widows.

Speaking Engagements

Throughout the year we have had the opportunity to speak at many different groups, churches, events, meetings and retreats, providing Bible teaching, prayer and presentations on the work of The Well. This has been a great encouragement to the Trustees and we truly appreciate every invite we have received. The Well choir has also provided another space for ladies to come together for fellowship, friendship and lots of fun. The choir has sang at many of our speaking engagements. Many ladies would never have had the confidence to do this, but with the encouragement and support offered from The Well have felt such a sense of achievement in being part of this fantastic singing group. This initiative has boosted wellness and self belief among the ladies.

Retreats

Throughout the year we offered a number of retreat days / weekends to women. These included:

- Post Abortion Healing retreat weekend;

- 'Loved' Miscarriage retreat

- Redeemed retreat weekend

Compassion Cafe

We launched our Compassion Cafe in May 2025 to provide a safe space during the day for women to come and have a cuppa, chat and prayer. This has been a great success

Counselling

In October 2025 we partnered with Christian Guidelines Counselling to offer counselling services at The Well.We are grateful to Christian Guidelines for providing us with a counsellor and there has been a growing uptake for the service to date

The Well coffee morning fundraiser:

Another fabulous morning at The Well in November where much needed funds were raised for the ongoing work at The Well. This was a huge success with many in the community visiting The Well for the first time.

Community Outreach

In December Beloved teens group gathered to make up hygiene products for a local charity.

As a charity we are very grateful to all of our volunteers and supporters who make it possible for us to continue this vital Kingdom work.

Public benefit

The Trustees seek to ensure that the Public Benefit requirement are considered and the Master Key Movement facilitates the support of individuals having due regard to the Charities Commission Northern Ireland guidance on public benefit.

The main public benefits which the charity aims to achieve are as follows:

Individuals will be able to explore the Christian faith and become more aware of Biblical teaching and prayer, which will encourage, support and strengthen them spiritually, mentally, emotionally and physically. Also, as they engage in local community groups and other public civic settings their sense of love and belonging will improve. This will enhance and positively benefit both the individual, their families and local communities.

Individuals will be equipped with relevant training and skills to help them reach their full potential in life by developing their mental, emotional, spiritual, physical and moral capabilities. This will enable better employment opportunities and thus relieving poverty, improving mental health and financial stability.

Individuals will experience an increase in physical, mental and spiritual welfare. In receiving the time and support needed, individuals will be strengthened and encouraged to think and act more positively in life, moving from a place of darkness and depression into a place of light and love.

A home of hope, healing and wholeness will also benefit women and girls in particular as a safe refuge from which they can move on and positively impact society. By attending programmes Individuals will receive genuine support and care. This in turn will greatly benefit society as a whole.

FINANCIAL REVIEW

Financial position

The results for the year ended 30th November 2025 are set out on pages 6 to 11 of the financial statements.

Income consists of donations and amounted to £23,029 for the year ended 30 November 2025.

Reserves policy

It is the policy of the Charity that reserves that have not been designated for a specific purpose should be maintained at a level equivalent to between 1-2 months expenditure. The Charity considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue some activities however this would be on a greatly reduced scale. The Charity aims to achieve these levels of reserves in the following financial years.

Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in accounting policies.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The charity is controlled by its governing document, a Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The charity is registered as a charitable company limited by guarantee and was set up by its Memorandum and Articles of Association.

The company is registered with the Charity Commission NI under charity reference 108728.

The management of the charity is led by Daphne Mahon.

New trustees are nominated for consideration to the Board based on background, interests and experience. Training has been provided where necessary by the charity.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

NI683599 (Northern Ireland)

Registered Charity number

108728

Registered office

1 Lough Yoan Road

Killyhevlin

Enniskillen

Co. Fermanagh

BT74 4GR

Trustees

Ms E C Armstrong

Mrs G N Jones (resigned 12.6.25)

Ms D S Mahon

Mrs B Hayward (appointed 14.10.26)

Company Secretary

Ms E C Armstrong

Independent Examiner

Thomas Samuel Patton FCA

Patton Rainey Stenson Limited

Chartered Accountants

6 East Bridge Street

Enniskillen

Co. Fermanagh

BT74 7BT

Approved by order of the board of trustees on 26 October 2026 and signed on its behalf by:

Ms D S Mahon - Trustee

I report on the accounts of the company for the year ended 30 November 2025, which are set out on pages six to eleven.

Respective responsibilities of charity trustees and examiner

As the charity's trustees (and also the directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

-	examine the accounts under Section 65 of the Charities Act

-	follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act

-	state whether particular matters have come to my attention.

Basis of the independent examiner's report

I have examined your charity accounts as required under Section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters.

My role is to state whether any material matters have come to my attention giving me cause to believe:

1.	That accounting records were not kept in accordance with Section 386 of the Companies Act 2006

2.	That the accounts do not accord with those accounting records

3.

That the accounts do not comply with the accounting requirements of Section 396 of the Companies Act 2006 and with the methods and principles of the 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

4.	That there is further information needed for a proper understanding of the accounts to be reached.

Independent examiner's statement

I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.

Thomas Samuel Patton FCA

Patton Rainey Stenson Limited

Chartered Accountants

6 East Bridge Street

Enniskillen

Co. Fermanagh

BT74 7BT

26 October 2026

30.11.25

30.11.24

Unrestricted

Total

fund

funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

23,029

30,494

EXPENDITURE ON

Charitable activities

Miscellaneous Activities

19,437

27,954

NET INCOME

3,592

2,540

RECONCILIATION OF FUNDS

Total funds brought forward

13,495

10,955

TOTAL FUNDS CARRIED FORWARD

17,087

13,495

30.11.25

30.11.24

Unrestricted

Total

fund

funds

Notes

£

£

FIXED ASSETS

Tangible assets

5

5,844

6,309

CURRENT ASSETS

Cash at bank and in hand

11,986

8,895

CREDITORS

Amounts falling due within one year

6

(743

)

(1,709

)

NET CURRENT ASSETS

11,243

7,186

TOTAL ASSETS LESS CURRENT LIABILITIES

17,087

13,495

NET ASSETS

17,087

13,495

FUNDS

7

Unrestricted funds

17,087

13,495

TOTAL FUNDS

17,087

13,495

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

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

The financial statements were approved by the Board of Trustees and authorised for issue on 26 October 2026 and were signed on its behalf by:

Ms D S Mahon - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

10% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

30.11.25

30.11.24

£

£

Depreciation - owned assets

890

848

3.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 November 2025 nor for the year ended 30 November 2024.

Trustees' expenses

No trustees received expenses in the year ended 30 November 2025 (2024: £3000).

4.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

30,494

EXPENDITURE ON

Charitable activities

Miscellaneous Activities

27,954

NET INCOME

2,540

RECONCILIATION OF FUNDS

Total funds brought forward

10,955

TOTAL FUNDS CARRIED FORWARD

13,495

5.	TANGIBLE FIXED ASSETS

Long

leasehold

£

COST

At 1 December 2024

8,478

Additions

425

At 30 November 2025

8,903

DEPRECIATION

At 1 December 2024

2,169

Charge for year

890

At 30 November 2025

3,059

NET BOOK VALUE

At 30 November 2025

5,844

At 30 November 2024

6,309

6.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Accrued expenses

743

1,709

7.	MOVEMENT IN FUNDS

Net

At

movement

At

1.12.24

in funds

30.11.25

£

£

£

Unrestricted funds

General fund

13,495

3,592

17,087

TOTAL FUNDS

13,495

3,592

17,087

Net movement in funds included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

23,029

(19,437

)

3,592

TOTAL FUNDS

23,029

(19,437

)

3,592

Comparatives for movement in funds

Net

At

movement

At

1.12.23

in funds

30.11.24

£

£

£

Unrestricted funds

General fund

10,955

2,540

13,495

TOTAL FUNDS

10,955

2,540

13,495

Comparative net movement in funds included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

30,494

(27,954

)

2,540

TOTAL FUNDS

30,494

(27,954

)

2,540

A current year 12 months and prior year 12 months combined position is as follows:

Net

At

movement

At

1.12.23

in funds

30.11.25

£

£

£

Unrestricted fund

10,955

6,132

17,087

TOTAL FUNDS

10,955

6,132

17,087

Net movement in funds included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted fund

53,523

(47,391

)

6,132

TOTAL FUNDS

53,523

(47,391

)

6,132

8.	RELATED PARTY DISCLOSURES

The charitable company had no related party transactions in 2025. (2024: £3000)