KOINONIA JOHN THE BAPTIST IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023 { A COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL) COMPANY REGISTRATION NUMBER M 620346 CHARITY REGISTRATION NUMBER NIC 100127 O'HARA SHEARER CHARTERED ACCOUNTANTS AND STATirroRY AUDITORS 547 FALLS ROAD BELFAST BTII 9AB KOINONIA JOHN THE BAPTIST IRELAND FINANCIAL STATEMENrs FOR THE YEAR E￿,DED 30TH SEPTE_MBER 2023 CONTENTS Officers and other infonnation Trustees Report Statement of Directors Responsibilities (in respect of the financial statements) Report of the Independent Accountants to the Members, Accounting Policies Statement of Financial Activities (incorporating the income and expenditure account) Balance Sheet Notes to the Financial Statements 10-15 KOINONIA JOHN THE BAPTIST IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023 OFFICERS AND OTHER INFORMATION Directors Margaret Ann Maoorrian Patrick Joseph Magorrian Arnne Mitchell Christine Sawey Secretary Cathy Gilligan Reuistered Office 189 CarnlouJo Road Brouohshane Ballymena BT4J 7JW Accountants O'Hara Shearer Chartered Accountants & Statutory Auditors 547 Falls Road Belfast, BTI19AB Bankers Bank of treland l Donegall Square South BelfasL B TI 5LR Company Reuiistration Number NI 620J46 Charity Registration Number NIC 100127 Page I KOINONIA JOHN THE BAPTIST IRELAF4D F1Tr4ANCIAL STATEMETr4TS FOR THE YEAR ENDED 30TH SEPTEMBER 2023 REPORT OF THE DIRECTORS The directors present their report together with the audited financial statements for the year ended JO September 202J. The directors confirm that they have adopted the provisions and comply with the requirements of the Charities Act (Northern Ireland) 2008 and Accounting and Reporting by Charities.. Statement of Recommended Practice which applies to charities preparing their accounts in accordance with the Financial Reporting Sthndard applicable in the UK and Republic of Ireland (FRS 102} (effective l January 2015). The charity is a charitable company limited by guarantee and was incorporated on l Oth September 2013. In Jiine 2014 revised Articles of Association were submitted to the Charities Commission NI and approved by them. Koinonia John The Baptist Belfast was registered as a Charity in Northern Ireland in November 2014, registration numberNIC 100127. Koinonia John The Baptist Ireland is governed by a memorandum and articles of association. Koinonia John The Baptist Belfast registered ivs name change to Koinonia John The Baptist Irelattd on I Ith November 2019 at Companies House. Prillcipal Activities The principal activity of the organisation is to be a model of Christian communion and the lived experience of Gospel values. To respond to the call to spread the Good News of the Gospel in the neighbourhoods of its members and society in general. Results The net outgoing resources for the year was £8,148 (2022: Incoming £)99,531). Directors Directors who served the company during the year were &s follows: Margaret Ann Ma(Torrian Patrick Joseph Magorrian Anne Mitchell Christine Sawey Accountajjts The accountants, O'HaTa Shearer, Chartered Accountants & Statutory Auditors have expressed their willingness to continue in office, and , a resolution will be proposed at the Annual General Meeting in accordance with Section 485 of the Companies Act 2006. Small compally exemptions This report has been prepared in accordance with the speciaI provisions for small companies under Part 15 of the Companies Act 2006. ned y order CATHY G COMPANY SECRETARY Approved by the direetors on 19th M2y 2024 Page 2 KOINONIA JOHN THE BAPTIST IRELAJYD FINANCIAL STATEMENTS FOR THE YEAR EI¥DED 30TH SEPTEMBER 2023 STATEMENT OF DtRECTORS REsPONsIBIL￿IEs The directors are responsible for preparing the Directors, Report and the financial statements in accordance with applicable law and regulations. Company Law requires the directors to prepare financial statements for each financial year. The Trustees, who are also directors for the pu4)oses of company law, present their report and the financial statements of the charity for the year ended 30th September 2023. The Trustees confim] that they comply with the requirements of the Charities Act (Northem Ireland) 2008 and Accounting and Reporting by Charities: Statement of Recommended Practice which applies to charities preparino their accounts in accordance with the Financial Reportin(y Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015)- Under company law the directors must not approve the finaT]cial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surylus or deficit of the cotnpany for that period. In preparing those financial statements, the directors are required to: select suitable accouT]tintr ¥ policies and then apply them consistently- - make judgements and estimates that are reasonable and prndent. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company 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 company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the directors are aware: there is no relevant audit information of which the company's auditor is unaware. and - the directors have taken all steps that they ought to have taken to make theTnselves aware of any relevant audit information and to establish that the auditor is aware of that information. By order of the board: GARET IVIA DtRECTOR CHIUSTJJYE SAWEY DIRECTOR Date: 19th May 2024 KOINONIA JO￿N THE BAPTIST IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH sEPTE1￿BER 2023 ACCOUNTAiYf's REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAifDITED STATUTORY FINANCIAL STATEl￿ENTs In accordance with the encra(Tement letter and in order to assist you to fulfil your duties under the Companies Act 2014 we have compiled the financial inforniation of Koinonia John the Baptist Ireland which cornprises the Statement of Financial Activities, the Balance Sheet and the related notes from the accounting records and infonnation and explanations you have given to us. This report is made solely to the Company's Board of Directors, as a body, in accordance with the terms of our en(yaoement. Our work has been undertaken so that we might compile the financial statements the we have been engaged to compile, report to the Company's Board of Directors that we have done so, and state those matters that we have aoreed to state to them in this report and for no other purpose. To the fvllest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's Board of Director5, as a body, for our work, or for this repo It is your duty to ensure that Koinonia John The Baptist Ireland has kept adequate accountino records and to prepare statutory fInancial statements that give a true and fair view of the assets, liabilities, financial position and net income or expenditure. You consider that Koinonia John The Baptist Ireland is exempt from the statutory audit requirement for the year. Scope of Work As a firm regulated by Chartered Accountants Ireland our work will be carried out in accordance with the Miscellaneous Technical Statement No. 41 Chartered Accountants, Reports on the Cotnpilation of Financial Statements of Incorporated Entities and ISRS 4410 International Standard on Related Services Compilation Engagements. In carryino out this engagement we have complied with the ethical ouidance laid down by the Institute relatino to members undertaking the compilation of financial statements. We have not been instructed to carry out an audit or a review of the financial stateinents of Koinonia John The Baptist Ireland. For this reason, we have not verified the accuracy or completeness of the accounting records or infonnation and explanations you have uiven to us and we do not, therefore, express any opinion on the statutory financial statements. LAWRENCE SHEARER F.C.A., Senior Statutory Auditor FOR AND ON BEIL4LF OF O'HARA SHEARER, Statutory Auditor O'IL4RA SHEARER CIL4RTERED ACCOUNTANTS AND STATUTORY AUDITORS 547 FALLS ROAD BELFAST BTII 9AB DATE.. 19th May 2024 Page 4 KOINONIA JOHN THE BAPTIST IRELAND F￿ANCIAL STATE.MENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023 STATE￿￿NT OF AccoifNTING POLICIES AceountiniF Convention and Basis of Accounting The financial statements have been prepared under the historical cost convention. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard which applies in the UK and Republic of Ireland (FRS 102) (effective l January 2015) - (Charities SORP (FRS 102)), the Financial Reportino Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2014. Income Recognition Incoille is reco.(mised when the Charity has entitlement to the fvnds, any performance conditions attached to the item(s) of income have been mel it is probable that the incotne will be received and the amount can be measured reliably. Interest Receivable Interest on funds held is included when receivable and the amount can be measured reliably. this is nonnally upon notification of the interest paid or payable by the Bank. Resources Expellded All expenditure is accounted for on an accruals basis and is classifjed under headings that aggregate all costs related to the category. Fundraisintr costs include the costs of advertising, producing publications, printing and mailing fundraising material, and staff costs in these areas. Costs of charitable activities include direct expenditure incurred through opeiational activities. Governance costs represent the costs associated with the governance arrangements of the charity which relate to the oeneral runnin(T of the charity as opposed to those costs associated with fundraising or charitable activity. Fixed Assets All tangible fixed assets are recorded at cost. Page 5 KOINONIA JOHN THE BAPTIST IRELAND FINANCIAL STATE.MENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023 STATEMENT OF ACCOUNTING POLICtES Continued Depreciation Depreciation is calculated to write off the cost of fIxed assets over their estimated useful lives at the following rates- Land and Buildings Property refurbishment Fixtures and fittinos Computer equipment Motor vehicles 20/0 Straight line 10 % Straight line I 00/0 Straight line 25 /0 Straight line 250/0 Straine Hire of fa¢ilTties Motor exFEnses Flights, accomm￿￿tIOn and travel Subscriplions and licences Bai)k and lnier￿1 charges 892 938 9.034 9.034 IJ04 480 7.839 176 1.687 108 1,304 480 7.839 176 1,687 108 5.788 1?3 5,788 123 09 27,964 27.964 33.2iO 33.2iO I