MISSIONARY VENTURES EUROPE TRUST
Missionary Ventures (MVGB) is an interdenominational Christian charity that serves and equips national churches to reach their nations with the love and message of Jesus Christ. We partner with British churches, individuals and organisations, motivating and facilitating their involvement in the mission field, mainly through sending short-term mission teams and raising funds for strategic projects.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves were £29,269 at the end of 2024, which the trustees consider sufficient to cover planned expenditure and contingencies. The charity reported a net expenditure of £19,216 for the year, with total income of £70,296 against total payments of £89,512. The trustees confirmed that resources are adequate and there are no material uncertainties regarding the charity's ability to continue its operations.
What the accounts disclose
“Most income was generated from voluntary donations from individuals, churches, and Christian organisations.” — page 3
“Unrestricted reserves are maintained at a prudent level to cover core operational costs and to safeguard against unforeseen shortfalls in income.”
“£7,059 was paid to S Mitzi, wife of director D Mitzi, as support for administration and financial support services for the charity.” — page 3
“£3,741 was reimbursement to D Mitzi and S Mitzi for expenses incurred on behalf of the charity.” — page 3
“£7,059 was paid to S Mitzi, wife of director D Mitzi, as support for administration and financial support services for the charity.” — page 3
“£3,741 was reimbursement to D Mitzi and S Mitzi for expenses incurred on behalf of the charity.” — page 3
Trustees
- ALAN BOLTONchair
- JOHN ORANGE
- REV LUTHER LEE MEIER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £70k | £90k |
| 31/12/2023 | £66k | £66k |
| 31/12/2022 | £107k | £95k |
| 31/12/2021 | £101k | £82k |
| 31/12/2020 | £97k | £98k |
Common questions
Is MISSIONARY VENTURES EUROPE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves were £29,269 at the end of 2024, which the trustees consider sufficient to cover planned expenditure and contingencies. The charity reported a net expenditure of £19,216 for the year, with total income of £70,296 against total payments of £89,512. The trustees confirmed that resources are adequate and there are no material uncertainties regarding the charity's ability to continue its operations. Its FY2024 accounts were independently examined.