STATEMENT OF FINANCIAL ACTIVITIES FOR CONTEMPORARY
CHRISTIANITY (NORTHERN IRELAND) LIMITED FOR THE YEAR ENDED 31
MARCH 2024
Unrestrfcled Unrostrlet8d
Funds
Funds
2024
2023
Note
Income from:
Donations and Legacies
Charitsble activitse$
Investments
Total Income
4,734
6,241
10
4744
Expendlture on:
Ch8ritable activities
Not Incomo for tho yearlNat rnov¢ment In
fund¥
1.146
Fund balances brought forward
Total fund8 ¢arrfod foNard
11
The statsment of financial activitios Includes all gains and losses in ts year.
All income expenditure derive from continuing operations.
The statement of financial activities also complles with the requlrements for an income and
expenditure account under the Companies Ad 2006.

BALANCE SHEET FOR CONTEMPORARY CHRISTIANITY (NORTHER
IRELAND) LIMITED AS AT 31 MARCH 2024
2024
2023
Tanglblo A88Ot•
11
Current as80ts
Stocks
Debtors
Cash at bank and
in hand
Not a880ts
12
13
100
1.159
9,511
785
10.620
11.495
10,770
Currnnt Llabllltl88
Creditors.. amounts
due within one year
Nel Current
14
1540)
11,495
10,230
Totsl Asgets le
Current Llabllttlo8
11.559
10M13
The funds of th•
charlty
Unrestricied
income funds
Total Gharlty
fund8
11,559
10.413
11.569
IOA13
For the year endlng 31 March 2024, the company was entltled to exemptlon from audit under seclh
477 ofthe Companies Act 2006 r61ating to small companles.
The d1￿CtOrS acknowledge their responsibilities for ensuring that the ¢harfty keeps accountlng re¢ords
that Mmply with section 386 of the Act and for preparing financral ststements that give a true and fair
vlew ofthe state of affairs of the company complying with the requirements of the Companies knt 2006
with ￿spect to a¢￿untIng records and the preparation of a¢counts. Th￿ a¢counts have been as at
the end of the financial year and of Its incoming resources and application ol resources, including its
income and expendliU￿. forthe financial year in accordan￿ with the requirements of sections 394 and
395 and whkh otherwise comply with the requirements of the Companies Act 2006 relating to financial
ststements, so f8r as appli¢8ble to the ccAnpany.
The members have not required the company to obtain an a￿lIt of its financial st8tements for the year
In queslion in acwdan¢e with sectlon 476.
These financial statements have been prepared in accordance with the provisions appluble to
companies subject to the small Companies. regime.
Approved by the Trustees on 5th November 2￿24
Rev Dr N Hamllton
Trustee

NOTES TO THE FINANCIAL STATEMENTS FOR CONTEMPORARY
CHRISTIANITY (NORTHERN IRELAND) LIMITED FOR THE YEAR ENDED 31
MARCH 2024
ACCOUNTING POLICIES
Charlty Inform8tlon
Contemporary Christianity (Northem Ireland) Limitsd 15 a private company limited by guarantse
Incorporated in Northem Irelarthj. The registered office if 48 ElmWO￿ Avenue. 6AZ, Co. Antrim.
BT9 6AZ, Northem Ireland.
(a) A¢countlng Convontlon
The accounts have been prepared in accordance with the Charity's governirwj documonl, thé
Companies Act 2006 and 'Accounting and Reporting by Charities: Statement of Recommended
Practice applicable to charities p￿paring their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 102)° (as amended for accounting
periods commencing from 1 January 2019). The charty is a Public Benefit Enbty as defined by
FRS102.
The charity has taken advantsge of the provision5 of the SORP for charities applying FRS 102
Update Bulletin 1 not lo prepare a Statement of Cash Flows.
The financial statements a￿ prepared in slerling, which is Ihe functional currency of the charity.
Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal
accounting policies adopted a￿ Set out below.
Ib) Golng ¢oncem
At the tie of approving the financial statements, Ihe trustees have a reasonable expectation that
the charity has adequ8te resources to continue in operational existence for the foreseeable future.
Thus, the trustses continue to adopt the going conc8m basis of accounting in preparing thè
financial statemènts.
(c) Charltable funds
unresth.cted funds are available for use at the discretion of the trustees in furtherance of their
charftable objectives.
Restrlthd funds are subject to specffic condibons by donors as to how they may be used. The
wrposes and uses of the restricted funds are set out in the notes to the financi81 statements.
Id) Incomlng rngouvce8
In¢ome is re¢ognlsed when the charity is legally entitled to it after any perfomian¢e conditions have
been met, the amounts Can bè measured reliably, 8nd it is probable that income will be received.
Cash donations are recognlsed on receipt. other donations are recogntsed once the ¢h8rity has
been notified of the donation, unléss performance condittons required deferral of the amount.
Income tsx recoverable in relation to donattons received under Gift Aid or deeds of Covenant is
rewni8ed at the time of the donation.
. Turnover is measured at the falr value of the consld8ration received or receivable and represents
amounts re¢eNable for goods and services provided in th8 nonnal course of business, net of
diBcounts, VAT and other sales related taxes.
(ol Resources oxpendod
Expenditure is recognised as soon as there is a legal or constructive oblwation to make a p8yment
to a third party, it is probable that settlement wll be required and the amount of the obligation can
b8 measured reliably. Expenditure is classified under th& following activity heading..

NOTES TO THE FINANCIAL STATEMENTS FOR CONTEMPORARY
CHRISTIANITY {NORTHERN IRELAND) LIMITED FOR THE YEAR ENDED 31
MARCH 2024
Expenditure on charftable activitie5 comprises those costs incurred by the charty in the
delivery of Its activltles and services for its beneficiaries. It includes bolh costs that can be
allocated dlrectly to such activf(ies and those costs of an indlrect nature necessary to support
them. Irrecoverable VAT is eharged 8s a cosl against the aclivlty for wh￿h the exwdlture
was incurr8d.
(fj Tanglble fixed assets
Tangible fixed assets arè initsally measured al cost and subsequently measured at cost or
valuatlon, net of depréciation and any impainrent issues.
Depreciation is recognwd so aslowrrte off the o)storvaluation olassets lessthelrresidual values
over ttdr useful lives on the folkjwing bases:
Fixtu￿$ and fittrngs
Computers
20% straight line
20% str8ight line
The gain or loss on the disposal of an asset Is determined as the difference betsveen the sale
proceeds and th8 carying value of the asset, and it is recogni8ed in net incomel{expenditure) for
the year.
Ig) Impalrnient of IOx•d a680ts
At each reporting end date, the charty reviews Ihe carying amounts of ils tanglble and intangible
assets to detèrmine whether there is any indication that those assets have suffered an impainnent
loss. If any such indication exists. the recoverable amount of the assel is estimated in order to
detwmine the exteftt of the impairment (rf any).
(h) 8tock8
stocks a￿ stated at the lower of cost and estimated selling prices less costs to complete and sell.
Cost ￿MpriSeS direct mat8rials and. where appli¢able, direct labour costs and those overheads
that have been incurred in bringing the stocks to their present location and condition. Items held
for distribution al no or nominal consideration are measured the lower of replacement cost and
cost
{11 Cash and ¢a8h equlvalents
Cash and cash equNalents Include cash in hand, deposits hèld at call with banks, other short-term
liquid investments wlth original maturities of three month5 or188s, and bank overdrafts. Bank
overdrafts are shown within borrowings in current liabilities.
U) Flnanclal h￿truMents
The charity has elected to apply the provision5 of Section 11 'Basic FinancHI Instruments" and
Section 12'0ther Financial Instruments Issues, of FRS102 to all of its financial Instrnmènts.
Financial instruments are recognised in the charity's balance sheet when thè charity becomes
party to the contractual provisions of th& instrument.
Financial assets and liabilities are offset, the net amounts presented in the financial
statements. when there is a legally enforceable right to s&t off the recognised amounts and there
is an intention to settle on a net basis or to realise the asset and settle the liability simultsneously.
Baslc flnanclalassets
Basic financial assets, which include debtors and cash and bank balanc69, are inrtially measured
at transaction price including transaction costs are subseqUen￿Y Carrted at amortised ￿st Using
th& effective inteTesl method unless the arrangement contributes a financing transaction. where
the transaction is measured at the present value of the futu￿ ￿Ceipts discounted at a mathet rate
of interesL Financial assets Classif￿ as receivable wthin one year are not amortised.
Baslc flnanclal Ilabllttle8
10

NOTES TO THE FINANCIAL STATEMENTS FOR CONTEMPORARY
CHRISTIANITY (NORTHERN IRELAND) LIMITED FOR THE YEAR ENDED 31
MARCH 2024
Basic financial liabilities, including creditors and bank ￿anS are initially recognised at transa¢lton
price unless the arrangement constitutes a financing transaction, where the debt instrument is
measured at Ihe present value of the future payments discounted at the market rate of interesL
Flnancial Ilabllfftles classif￿1 as payable wlhin on8 year are not amortised.
Debt instruments ar8 subBequently carried at amortised cost, using the effectbve witerest rate
method.
Trade creditots are obligations to P8y for goods or services that have been acquired in the ordinary
cours8 of operations from supp5ieTS. Amounts payable are classified as CUTrent liabilities if payment
is du8 within onè year or less. If nol, they are presented as non-current liabilities. Trade creditors
are recognised initially at transaction price and sub8equenty measured at amortised cost uslng
the effective interest method.
Dere￿gn1￿0n of flnanclal Ilabllttles
Financial liabilities are derecognised when the charity's ¢ontractual obli98tions expire or are
di￿harged or cancelled.
2. cr1t1￿1 accountlng osllmatgs and Judggmgnts
In the application of the charity's accounting polic￿S. the trustees are required to make
judgements, estimates and assumptions about the carrying amount of assets and liabilities that
are not readily apparent from other sources. The estimates and associated assumptions are based
on historical experience and other factors that are considered to be relevant. Actual results may
differ from these estimale8.
Thé estimatss and undèrlying assumptions aré reviewed on an ongoing basis. Revisions to
accounting èstimates are recognised in the period in which the estimate is revised where the
revision affects only that period, or in the period of the revision and future periods where the
revision affects both current and future periods.
3. Don•tlon8 and18gacl88
2024
2023
Donations and gifts
Trusts
4,374
360
4,734
5,881
360
6,241
4. Charllablo actlvlll•8
2024
2023
Sales within chadtabte activities
5. Inve•lm•nts
Unre¥trlctgd
Fund8
2024
Unrnslrfctgd
Funds
2023
Interest receivable
10
11

NOTES TO THE FINANCIAL STATEMENTS FOR CONTEMPORARY
CHRISTIANITY (NORTHERN IRELAND) UMITED FOR THE YEAR ENDED 31
MARCH 2024
6. Charltable acllvltles
Unre8trl¢ted
Funds
2024
Unve$trf¢ted
Funds
2023
Depreciation and impaimierrt
Resourtss
Opening Stock
Closing Stock
Subscriptions
119
503
100
(90}
85
717
119
1,160
120
(100)
229
1,508
Share of support costs (see note 7}
Share of govemance costs (see note 71
2,671
210
3,$98
3,246
653
7. Support ¢08ts
Support Gov?rn•n
costs
2024
2023
Ba8b of
allocatlon
Rent
Insurance
Bank interest & charges
Printing, Poslage,
Photocopying & Staltonery
Sundry Expenses
Indep8ndent Examination
Fees
Legal and professional
1,320
300
42
1.320
300
42
1,320
1.009
1,009
1,588
540 Govemance
go
120
210
90
120
113 Govamance
Analysed belween Charitable
activrtie$
210
Govemance costs include payments io the independent examinets of £90 (2023.. £5401 for
accountancy f86S.
None of the Truste8s (or any persons connectsd wth them) received any remuneration or
beneffts from the chaiity during the year.
Employoe8
The average monthly number of empbyees durhg the year was:
2023
Number
NumbBr
Total
12

NOTES TO THE FINANCIAL STATEMENTS FOR CONTEMPORARY
CHRISTIANITY (NORTHERN IRELAND) LIPIIITED FOR THE YEAR ENDED 31
MARCH 2024
10. Tanglblo Ilxod asoots
Computer•
C￿t
At 1 April 2023
At 31 March 2024
593
593
Depreclatlon and Impalnmnt
At 1 April 2023
Dèpreciation charged In the year
At 31 Marth 2024
410
119
529
Cafrylng amount
At 31 Marctt 2024
At 31 March 2023
183
11. PAocks
2024
2023
Flnlshed gry)ds and goods for resale
100
12. Dthor4
2023
other Debtors
Prepayments and accrued income
785
990
169
13. Crodltor8
2023
Accruals
1aL Analy818 ol not as80ts b•tWOon fundo
Unrn8trfctsd
Funds
2024
Unre8trlct
Funds
2023
Fund balances at 31 March represented by..
Tangible assets
Current assetsllliabilitses)
183
10,230
11,559
13

NOTES TO THE FINANCIAL STATEMENTS FOR CONTEMPORARY
CHRISTIANITY (NORTHERN IRELAND) LIMITED FOR THE YEAR ENDED 31
MARCH 2024
15. Relatod party tran8a¢tlons
There were no disclosable related paty transactiong during the year {2023: none).
14