CONTEMPORARY CHRISTIANrrY (NORTHERN IRELAND) LIMITED
STATEMENT OF FINANCIAL AcfiviTIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR EIVDED 31 MARCH 2023
UnT•Mrlct•d Unrestricted
funth
funds
2023
2022
Income from:
Donations al￿ legacles
charitab￿ actiwtie5
Investments
&241
6.477
62
Totsl Sncom•
6,250
6,S45
Ex endityre on:
Ctsrltablè ictivllies
5.407
4,B48
N•t Incobrn lor th• y¢arl
N•t m•v•m•nt In fvnds
1,697
Fund balanc•s at l Aprll 2022
9,570
7,873
Fund bml•nc•s at 31 M•r¢h 2023
10,413
9,570
Thè statement of flnandal actmties ind￿leS aN galns and bsses recognlsed Sn the year,
All Incom• )nd eXpeThJ￿ur• derlve from continuing adTrvllle
The staternent of finandal actIvl￿eS also complles with the requiréments for an Income and eypenditure
ccount under the Companies Aci 2CQ6.

CONTEMPORARY CHRISTIANITY (NORTHERN IRELAND) LIMITED
BALANCE SHEEr
ASA T31 MAKCH2023
2023
2022
Notss
Tangible assets
11
183
Stocks
Debtors
Cash bt bank and in hjnd
12
13
100
1,163
8,545
1,159
9,511
10.770
Cmdltorx amounts hlllfftg du• wlthln
one y￿Jr
14
15401
Net cuNent •ssets
10230
9,268
Totsl •ss•ts l•H curt Il•blNtl•s
IOA13
9,S70
Income lunds
UnTestTlcted bljnds
10,413
9,570
10,413
9.570

CONTEMPORARY CHRISTIANITY (NORTHERN IRELAND) LIMITED
BALANCE SHEET (CONTINUED)
ASA r31 AIARCH 2023
The cotnpany 15 entitled to the exemption from ihe audlt requirement contained In section 477 of
Companies Act 2006, for the year ended 31 March 2023.
The dSiéaors acknowledge their re5ponsibilltles for ensurin9 that th8 charity keeps accounting fecords which
Comply ￿￿th section 386 of the Act and for preparing financial statements v4hSch give a true and fair view of
the stale of affair5 of the company as at the end of the financlal year and of its incoming resourc85 and
application of ￿sOUrceS including its income and expendItu￿, for thè financial year In accordancè with the
reqUi￿rnents of Sections 394 and 395 and which otheThvise comply wth the requirements of the Compani
Act 2006 fehting to firbanctsl statement% so far as applicable to thè compary.
The member5 have not requlred the cornpjny to obialn an )udSt of its financial statement5 tor the hear In
question acc￿dance with sedon 476.
Th￿• Ilnonclal statements have prep)r•d Sn accordanc• ￿￿th tho prowsion5 applkable to comFonies
subJ•ct to the small ¢ompJrties rnglme.
The financial statements were approved by the Tfu5te•s on ........-. .....-. ..
Drj Ky
Twurtm
Compony R•glgtratlon No. 14137038
10-

CONTEMPORARY CHRISTIANITY (NORTHERN IRELAND) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
A¢¢auntirvJ p¢U¢l•s
Charlty lfilonnatlon
ContempoTary Christianity (Northem Ireland) timited Is a private cgmpany limited by guarantee
Sncorporated in Northem Ireland. The reglstefed office is 48 Elmwood Avenue, BelfJsL Co. Antrim. BT9
6AL Northern Irelat*J.
1.1 Accountlng conventlon
The accounts have be&n prepared in accordance wrth the charivs governing documen¢ the Companies
Act 2CIJ6 and "Accounting and Reporting by Charities.. Statement ol ReC0mff￿Dded Practice applicable to
charities preparfng their accounts sn accordance wlth the Financial Reporting Standard applicable In the
UK and Republic ol Ireland IFRS 1021" las amended for accounting periods commenting from 1 january
2019). The charity Is a Public Benefit Entty as defined by FRS 102.
The tharity ho5 taken advanta9e ol the prowsions in the SORP for thoritiès applying FRS 102 Updats
BuNttin 1 not to preparè a Statement of Cash FIcw5.
The finanthal statemènts are prepared in sterling, whSch is the funCt￿nal currency of the charlty. Monetary
arnovnts in t￿se financial ststements arè rounded to the neAr¢st £.
The financial statements hav• been prepared under the historical cost conventlon. The princlpal
accountirrfj pollcles adopted are set out below.
1.2 Golng conc•rn
At the time ol apprown9 the financial slatemènts. the trustees have a reasonable expectatbn that the
charity has adequate resources to continue in operatior*al emlstence for the foreseeable luture. Thus the
trustees contlnue to adopt the g¢ir4J concem basis of accounting In piepadng the finandal statemen
1.3 Charltabl• funds
Unrestricted funds are available for use at the di5CTetion of the truste￿ In fiJrthef)nce of their charitable
tsbje¢live5.
Restrlcted funds are subject to specific conditions by donor5 a5 to how thty mjy be used. The purposes
and uses of the restrkted fund5 a￿ set out in the notes to the flnanclal st*ements.
Endowment furHls arè subject to specific CDndition5 by donors that the capltal must be maintained by the
charity.
1.4 IKomlng resour￿$
Income is reco9nised when the charity is legally entitled to it after any perfomance conditions hwe been
mel the arnounts can be measured reliablyi and it is wobable that income wll be received.
Cash donations are recognised on receipt. Other donatiorb5 are recogni5ed once the charity ha5 been
notified of the donation. unles5 performance conditiDns requirè deferral of the amount. Income ta
coverable in relation to donations recewed under Gift Aid or deed5 of covenant 15 recogniged at the
time of the donatitsn.

CONTEMPORARY CHRISTIANITY (NORTHERN IRELAND) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE Y£4R ENDED 31 MARCH 2023
A¢countlng polkhs
Icontlnu•d}
Turnover is measured at the fair value of thè consideration received or receivable and IÈpres￿ts
mounts receniable for goods and 5eNice5 provided In the nomal course of busine55. net of discounts,
VAT and other sales related tsxe&
1.5 Resourc•s •xp•nd•d
E¥pènditure is recognised once th•re is a legal or constnjrtlve 0￿19?110n to make a paY￿nt to a thlrd
party, It Is prpbable that settlemènt will be required and the amount of the obligation can be measured
reliably. Expenditure 55 c￿sSified under the followino actfvity heading..
Expenditure on charitable activhles comprise5 those costs Incurred by charity in the delwery
of its attivitie5 and 5eNces lof Its bthellclarfos. It Includes t￿Th costs that can be allocated
directty to such artlvltles aTKI th05è Coms ol an Indlrect nature necessary to supptsrt thèm.
Irrecoverable VAT Is charged as J C05t a9&inst the actlvlty for which the expenditur• was incurred
1.6 Intanglbl• fix•d •ss•ts oth•r than goodwlll
Intan9ible assets acqulTtd separatety from b buslness are iecognised Jt cost and are subsequent
asured at cost ￿5S accumulbted amortisatlon and accumulated impairmeni losse
Intsngible èssets acquired on buslmss combirt8tSon5 are recogn15ed sepJrately from goodwlll at the
cquisition date where f( is probable that the expected fijtuie economlc bénèflts that are attributable to
the asset will flow to the entity and the fair value of the assèt can ￿ m•)sured reliabty. the Intangibl•
asset arlses frorn contrartual or other légal rlghts.. and the Intangible asset15 5epafable from the •ntity.
Amort15atlon 15 recognised so as to writè off the cost or valuation ol assets less thelr rèsldual values over
thelr useful Ilves on the follo¥thng base&
Software
20% Straight Une
1.7 T•nglble Ilx•d a55ets
Tangible ftxed as5•ts are inf(ialty measufed at cost and subsequently meisured at cost or vabJailoTr n•t of
deP￿CIatIon Jnd ary Impairment losse5.
Depreclation is recognised 50 a5 to write off the cost Dr valuation of assets less thelr resldual values over
their useful lives on the folowng base
Fixturès and flttings
Computers
20% Strèighi
20% Straight Line
The gain or Ioss arising on the disposal of an asset is determined as the difference betrrfeen thè sale
proceeds and the carrying waiue of the as5eL and is recognised in net incomellempenditurel for the ￿3¢.
12-

CONTEMPORARY CHRISTIANITY (NORTHERN IRELAND) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
R)R fHE YEAR ENDED 31 MARCH 2023
¢ountlng pollcl•s
(Continued)
1.8 Impalrm•nt ol flx•d a%Mts
At each rèptsrting end date, thÈ charity T￿lew5 the carying amounts ol its tangible and intangible assets
to determine wheiher there is any Indlcation that those assets have suffered an Impairmènt loss. If any
such indicatlon exlstx the recoverable amount of the asset is estimated in order to dètermine the •4tent
of the impairment bss Of any).
1.9 Sto¢ks
Stocks are stoted at the lower of c95t and estimated %elllng price less costs to complete and sell. Cost
compr15es direct materials and. where applicjble, direct labour costs and those overheads that have been
Incurred in bringing the 51ock5 to their present location and condltSon. Items held lor distritryjtion at r
or nominal considerntion ore meosured the I0￿r of replacement cost and cort
Net rea115Jble value is the estqmated selllng wlce less all estlmated costs of cornpletlon and costs to be
Incurred In marketingi selllng arKI di$trfb￿1o￿.
1.10 Cash and e•th •qulv•lenti
C8sh and cash equfvalents Include cJ5h In hand, tJtpos6ts held at call wlth banks, other short-¢ern Ilquld
Investments with original maturfties ol three months or less and bank overdraft5. 8ank overdrafts ¥e
shown wlthln boffowln95 In cyrrent liabilities.
1.11 FInanc￿l Initrum•nts
The charfjty has elected to gppty tho provlslons ol Sectlon 11 'Basic Financlal In5trurnents' and SectSon 12
Other Financial Instruments Issues, of FRS 102 to all of its finandol Instruments.
Financlal instNmenis bre recoynised in the charity's balance sheet when the tharity becomes paty to th•
contractual Pfovlslons of the instrument.
Finanoal asset5 and Ilabilitles are offset, wlth the net arnounts presented in the financial statements, when
there is a legalty enforceable right to set off the retO9nised amounts ènd thère is an intèntion to settle
on a net basis or to realise the asset and settle the liabllity slmultsne0us￿.
Basic financial assÈt& which includè debtors and cash and bank baLince% are inityally measured at
transactlon price including transactlon costs ènd are subsequently carried at ?mrtSsed cost using the
effective Interest method unless the arrangernent constitute5 a financln9 trangactlon, where the
transaction is measured at the present value ol the future receipts discount￿ at a mathÈt rate of hteTe5L
Financial assets classified as recewable wthin one year are not amortised.
13_

CONTEMPORARY CHRISTIANITY (NORTHERN IRELAND) LIMITED
NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED)
FOR THE Y£4R EIVDED 31 MARCH 2023
Accountln9 pollci
Icontlnued)
Bask Ilabilities
Basic financial liabilitle5, includirvj creditOTS and bank loans are initially recognised at trarfjaction price
unless the arrangement constltwes a financing transaction, where the debt Instrumenl is measvred at the
present value ol the fufvre p•ym*nts discounted at a markét rate of Interest Financi81 liabilities dassified
as payable within one year arè not amortised.
Debt ir*struments are subsequently carried at arnortlsed COSL usSng the effectlve Interest rate method.
Trade creditors are obligatlon5 to pay for goods or saryices ihat have been acquired in the ordinary
Course of operations from suppllers. Amounts payable are classified as current liabilities il payment is due
Vllthin one year or less. If not, they are presented as non-current IlabS1ities. Trade credltors are recognised
nltially at trans&ctK)n price and sUbsequen￿Y mèasured at amortlsed cost ￿￿Thg the effective interest
method.
DW8￿gnItIOn Offin￿(la4 Aablllths
Financial liabi1Stle5 ale derecognsséd wh•n the charfty's contractual obllgations explre or are d15charged or
cancelled.
Crltlcal Kcountlng •stlm•t•s •nd Judg•m•nts
In the appllc*loft of th* charlty's accounting pollcl¢& thè trustees are requlréd to make judgeme)ts,
estimate5 and assurnptlons about the carrylThJ amount ol assets aDd liabilities th¥4t are not readi
ppaienl from other sources. The e5¢1matas and associated as5UrnPtions are based on historical
experfencè and other factors that are considerèd to be relevant Artu41 results may differ from the
estimates and undèrtyirrfJ assumptions are rewewed on an ongo5ng basis. Revisions to accounting
estSmates are recognised in the périod in whlch the estimate Is revised where thè rèvision aftects only
that period, or in the pÈriod ol thè revision and future period5 whére the revision affÈtts both current and
future period5.
Donatlons and l•gad•$
2023
2022
Donations and gifts
Trusts
5,881
360
6,117
360
6,241
6,477
14-

CONTEMPORARY CHRISTIANITY (NORTHERN IRELAND) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Ch•rltsbl• xovlt
Unr•strict•d
h)com•
2022
Sole5 vjlthin charitoble activitles
62
Inv•5tm•nts
Unv•strl¢t•d Unr*strfct•d
lund$
funds
202>
2022
Intsrest recehable
Charft•bl• •ctfvltl•J
Unr•th•d Unr•thlctsd
Fund
Fub
2023
2022
Dèprec[atk￿ and Impaiwment
Resources
Opèning St¢¢k
Closirrfj Stock
Subscrlptions
119
1,160
1¢X)
1100)
229
119
11)J
120
11001
85
1.508
324
Share of support cost5 (see note T)
Share of govemance costs (see note
3,246
653
3.699
825
5A07
Is-

CONTEMPORARY CHRISTIANITY (NORTHERN IRELAND) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR EAIDED 31 MARCH 2023
Support ¢0sts
Support Gov•rnance
costs
Z023
2022 Bas1$ of aloc•Uon
Re
Insurance
Bank Interest & Charges
Prfntlng, Postsge,
Photocopying &
Ststlonery
Sundry Exwnsés
1,320
294
1,320
294
1,320
294
38
1.588
1,588
1034
13
Independent
Examination Fees
Legal and prolessiorwl
Govemance
$40
113
113
285 Govemjnee
3.246
653
3,899
4,524
Analysed between
Charitable activitles
3.246
653
3,899
4,$24
Govemance costs Includas payments to the independent examinefs of £540
12022- £540) for accountsncy feas.
Trust••%
None of the trvstees lor any persons connected wlth them) ret*vtd any rèmunerallon or beneffts from
the charity during the year.
Employe•s
The avÈra9è monthty number of emplo￿$ during the year was..
2023
Numb•r
2022
Numb•r
Total
18-

CONTEMPORARY CHRISTIANrrY (NORTHERN IRELAND) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR EIVDED 31 MARCH 2023
10 Intsnglbl• Ilx•d asg•ts
At 1 Aprm 2022 •nd 31 Mjrch 2023
Amortls•tlon •nd Imp•lrnwit
At l April 2022 and 31 March 2023
Cvrying •moynt
At 31 March 2023
At 31 Maich 2022
11 T•nglI￿¢ flx•d ￿•ts
C￿t
At 1 Aprfl 2022
593
At 31 Marth 2023
593
D•pr•cl•tlon and Imp•lrnw
At 1 April 2022
Depretiation charged In thè year
291
119
At 31 March 2023
410
CJrryln9 •rnounl
At 31 March 2023
At 31 March 2022
302
12 Stod(s
2023
2022
Flnlshed goods and goods for resale
3tJ)
100
17.

CONTEMPORARY CHRISTIANITY (NORTHERN IRELAND) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
13 Dabtors
2023
2022
An￿Unts falllng du• wlthSn one year.
Othef debtors
Prepayments and accrued IT￿Me
99)
169
990
173
1,1S9
1,163
14 ¥Jmounts hllln9 dy• wlthbn on• y•ar
2023
2022
Accrua15 and d•lerre(I Inco
540
15 Art•iysl> of n•t •sMts b•tw••n funds
Unr•strlrt•d Unrestricted
fund
fund
Z023
2022
Fund balances at 31 March 2023 ar8 r•prrf•ntsd ty.
Tangible assets
Current a55etsllliabllltles)
183
10,230
302
9,268
10.413
9,S70
16 R•lat•d pwty trans•dlons
Ther8 wère no disclosablè rèlated paty transactions durln9 the year12022 - none).
18-