Charity number: N100327 Company number: N1621497 East Coast Ministrie5 (Ireland) Ltd (A company limited by guarantee) Directors, report and unaudited financial statements for the year ended 31 Decen)ber 2024
East Coast Ministries Oreland) Ltd (A company limited by guarantee) Contents Page Legal and administrative iDfornLqtion Ttees, report Independent examiners, report Slatement of financial activities Statement of Financial Position Notes to the fll]ancial statsments 8-10
East Coast Ministries Ureland) Ltd (A company limited by guarantee) Legal and administrative information Charity number N100327 Company registration number N1621497 Business address 25-27 Edward Street Portadown Co Annagh BT62 JNE Registered office 25-27 Edward Street Portadown BT62 3NE Trustees Timothy Mayes Brian Truesdale Accountants SD Brown & Company 25-27 Edward Street Portadown Co Annagh BT62 3NE Ballkers Ulster Bat 20 High Street Portadown Co Arniagh BT62 IHU Page I
East Coast Ministries (Ireland) Ltd (A cornpany limited by guarantee) Report of the trustees (incorporating tbe directors, report) for the year ended 31 December 2024 The trustees present their report and the financial statements for the year ended 3 1 December 2024. The trustees, who are also directors of East Coast Ministries Ureland) Ltd for the pulposes of company law and who served durints the year and up to the date of this report are set out on page l. Structurey governance and management The company is constitued by it's Memorandum and Articles of Association, and limited by Guarantee. having no Share Capital. Only persons who subscribe to the objects ¢xpress¢s in the Memorandum of Association of the Company, and are appointed by the Executive Commtttee, or the company in a General Meeting can be admitted as Trustees. RISKS The Executive Committee has conducted its own review of the major risks to which the company is exposed, and systems have been established to mitigate those risks. In order to minimize internal risks, and to ensure the consistent quality of delivery for all operational aspects of the company procedures for authorization of all transaction5, and projects have been Fmplemented. Objectives and activities E&st Coast Ministries (Ireland) Ltd is an organi7Ation which exists for the furtherance of the Cliristian Religion. Achievements and performance During the y¢ar ended 31 December 2024 the directors were involved in the distribution of Gospel Tracts througbout Irelana. Financial review The results of the company for the year are detailed on pages 5 to 10. Plans for future periods In 2025 we have continued to distribute Gospel Trdcts. Funds held as custodian trustee oll behalf of others No funds are held as Custodian on behalf of others. Page 2
ast Coast Ministries Oreland) Ltd (A company limited by guarantee) Report of the trustees (incorporating the directors, report) for the year ended 31 December 2024 Statement of trustees, responsibilities The trustees (who are also directors of East Coast Ministries (Irelan&) Ltd for the pUoSe of company law) are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Company law requires the ttustees to prepare fuwcial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financiaL statements. the trustees are required to: select suitsble cOUntIng policies and then apply them consistently. observe the methods and principles in the Charities SORP. make judgeEnents and estimates that are reasonable and prudenL state whether applicable UK Accounting Stslldards have been followe¢ 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 charitable company will continue in operation. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the fmancial position of the charitable company and which enable them to ensure that the financial staten]ents comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable stsps for the prevention and detection of fraud and other irregularities. Small company provisions This Teport has been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. On behalf of the board Timothy Mayes Director 18 September 2025 Page 3
East Coast Ministries (Ireland) Ltd (A company limited by guarantee) Independent examiner's report to the trustees on the unaudited financial staten)ents of East Coast Ministries (Ireland) Ltd. I report on the accounts of East Coast Ministries (Ireland) Ltd for the year ended 31 December 2024 set out on pages 2 to io. Respective responsibilities of trnstees and independent examiner As the charity ttustees (and also the directors of the company 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 Raw, and is eligible for independent examination, it is my responsibilty to: l) examine the accounts under section 65 of the Charities Act 2) follow the procedures laÈd down in the general Directions given by the Charity Con]mission for Northern Ireland under section 65(9)(b) of the Charities Act 3) state whether particular matters have come to my attention. Basis of independent examiner's statement I have examined your charity accounts &5 required under section 65 of the Charities Act and my examination was Caled out in accordance with the general Directions given by the Cbarity Conllnission 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 tsvstees concerning any such matters. My role is to State whether any material matters have come to my attention tsiving me cause to belleve: a) that accounting records were not kept in accordance with section 386 of the Companies Act 2006 b) that the accounts do not accord with those accounting records c) that the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and prinoiples of the Charities Statement of Recommended Practice applicable to charities preparincr their accounts in accordance with the Financial Reporting Standatd applicable in the UK and Republic of Ireland d) that there is finther inforniation needed for a proper undeTStanding of the accounts to be reached Independent examiner's statement I have completed my examination and have no concerns in respect of the rnatters (a) to (d) listed above and in connection with following the Directions of the Charity Comtnission for Northern Ireland. i have found no matters that require drawing to your attention. Independent examiner Samuel David Brown Chartered CertAfied Accountant Carnegie Building 25-27 Edward Street Portadown Co. Arniagh BT62 3NE 18 September 2025 Page 4
East Coast Ministries (Ireland) Ltd (A company limited by guarantee) Statement of financial activities (incoryorating the income and expenditure account) For the year ended 31 December 2024 Unrestricted funds 2024 Total 2023 Total Notes Incoming resources Total incoming resources Resources expended Establishment costs Accountancy fees Other Office Expenses Interest payable and similar charges 120 282 47 25 120 282 47 25 240 198 131 42 Total resources expended 474 474 611 Net incomingl(outgoing) resources for the year I Net incomel(expense) for the year (474) (474) (611) Total fimds brought fonvard 3.395 3,395 4,006 Total funds carried forward 2,921 2,921 3.395 The statement of financial activities includes all gains and losses in the year and therefore a separate statement of total recognised gains and losses has not been prepared. All of the above amounts relate to continuing activities. The notes on pages 8 to 10 forni integral part of these fancial statements. Page 5
East Coast Ministries (Ireland) Ltd (A company limited by guarantee) Statement of Financial Position as at 31 December 2024 2024 2023 Not¢s Current assets Cash at bank and in hand 3,184 3,564 3,184 3,564 Creditors: amounts falling dlle within one year (263) (169) Net current assets 2.921 Net assets 2,921 3,395 Funds Unrestricted income funds 2,921 3.395 Total fllnds 2,921 3,395 The Balance Sheet continues on the following page. The notes on pages 8 to 10 form an Integral part of these fanCIal statements. Page 6
East Coast Ministries (Ireland) Ltd (A company limited by guarantee) Balance sheet (continued) Trustees statements required by the Companies Act 2006 for the year ended 31 December 2024 In approving these fmallcial statements as trustses of the company we bereby confirni that: (a) for the year the company was entitled to exemption from audit under section 477 of the Companies Act 2006 Telating to small companies. (b) the members have not required the company to obtain an audit of its accounts fior the Ye in question in accordance with section 476. (c) the directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparntion of accounts. (d) these accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. The financial statements were approved by the board on 18 September 2025 and Sied on its behalf by Timothy Mayes Director The notes on pages 8 to 10 form An integral part of these financial ststements. Page 7
East Coast Ministries (Ireland) Ltd (A company limited by guarantee) Notes to financial statements for the year ended 31 December 2024 Accounting policies The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year. 1.1. Basis of accounting The fanCIal statements have been prepared in accordance with Accounting and Reporting by ChaTlties: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial reporting Standard Applicable in the UK and Republic of treland(FRS 102) (effective l January 2015) - (Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) and the Companies Act 2006. East Coast Ministries (Ireland) Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. 1.2. Cashflow The charity has taken advantage of the exemption in Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015) - (Charities SORP (FRS 102)). from tbe requirement to produce a cash flow statement on the groun(Ls that it is a small charitable charity. 1.3. Fund accounting General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherdnce of the general objectives of the charity and which have not been designated for other purposes. Resources expended Expenditure is recognised on an accnml basis as a liability is incurred. Expendityre includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Charitable expenditure comprises those costs IncUed by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Employees Employment costs No salaries or wages have been paid to employees, including the tDJStees, during the year. Taxation The charity's activities fall within the exemptions afforded by the provisions of the Income and CorpoTation Taxes Act 1988. Accordingly, there is no taxation charge in these accounts. Page 8
ast Coast Ministries (Ireland) Ltd (A company limited by guarantee) Notes to financial statements for the year ended 31 December 2024 Creditor5: amounts falling due within one year 2024 2023 Other creditors Accrnals and defed income 94 169 169 263 169 Analysis of net assets betTrveen funds Unrestricted funds Total funds Fund balances at 31 December 2024 as represented by: Current assets Current liabilities 3,184 (263) 3,184 (263) 2,921 2,921 . Unrestricted funds At At l January Outgoing 31 December 2024 resourees 2024 Unrestricted Funds 3,395 (474) 2,921 Capital commitments The company had no Capital commitments at the Balance Sheet date. Related party transactions There were no related paty transactions during the year. Controlling interest The controlling party of the company is considered to be the Board of TnLstres. Page 9
East Coast MiDlStries (Ireland) Ltd (A company limited by guarantee) Notes to financial statements for the year ended 31 December 2024 10. Company limited by guarantee East Coast Mini5tties (Ireland) Ltd 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 O to the assets 0£ the charitable company in the event of its being wound up while he OT she is a member, or within one year after he or she ceases to be a member. Page 10
East Coast Ministries (Ireland) Ltd (A company limited by guarantee) The following pages do not forni part of the statutory accounts.
East Coast Ministries Greland) Ltd (A company limited by guarantee) Detailed statement of financial activities For the year ended 31 December 2024 2024 2023 Page 12
East Coast Ministries (Ireland) Ltd (A compally limited by guarantee) Detailed statement of financiaI activities For the year ended 31 December 2024 2024 2023 Charitable activities Activity I Activilies undertaken direcily Gospel Literature 120 240 120 240 Activity I total expenditure 120 240 Total charitable activity expeDdithre 120 240 Governance costs Actn7ities undertaken directly Profesional- Accountancy Fees Office Expen5es- Other Bank Fees 282 47 25 198 131 42 354 371 Total governance costs 354 371 Net ineomingl(outgoing) resources for the year (474) (611) Page 13