STATEMENT OF FINANCIAL ACTIVITIES FOR CONTEMPORARY CHRISTIANITY (NORTHERN IRELAND) LIMITED FOR THE YEAR ENDED 31 MARCH 2025 Unre8trlcted Unre8trfct•d Funds Funds 2025 2024 Nots Income from: Donations and Legades Charitable activities Investsnents Toi•l Incom• 4,642 4,734 11 4,863 10 4,744 Expondlturo On: Charitable aclivili85 69 Net Incom• for th• y•arlN•t mov•m•nt In funds 794 Fund b81anc88 brought forward Tot•1 fund8 rIo•d lorward 10,413 11,069 12,353 The 8talement of fbnancl81 acllvltles Includes all galns and1088e8 In the year. I Income and expendltura derfve from contlnulng operatlon8. The statement of flnanclal advIt$ also complles wbth the r8qulram8nt8 for an IncMe and expendlture acGount under the Companies Act 2006.
BALANCE SHEET FOR CONTEMPORARY CHRISTIANITY (NORTHER IRELAND) LIMITED AS AT 31 MARCH 2025 2025 2024 Note Tanglblo Assets 11 Curront as••ts Stocks Debtors Cash at bank and in hand Net assets 11 12 747 785 12,353 11,495 Current Llabllltl88 Creditors.. amounts due withln one year Not Curront A8•0ts 13 12,353 11,495 Total A888t8 Le•• Curront Llabllllle8 12,303 11.559 Tho fund• of tho charity Unreslricled Irlme fund8 Total charlty fund8 For the year ending 31 March 2025, the company wa6 8nlllled to exemption from audll under 8acllon 477 of the Companies Act 2006 relating lo small companies. The dlrgctors acknowledge Ihelr respon$lbllitle$ for ensurlng that the ¢harfty ke8P8 accounting record8 that compty with section 388 of the Act and for preparing financlal $tat8ments that give a true and faSr viaw of the stsle of affairs of the company Complying with the requirements of the Companies Act 2008 with respect lo accounling records and the preparation of accounls. These ac¢ounls have bgen as at the end of the financsal year and of its incoming resources and applicalion of resources, including its Income and expenditure, for the financial year in accordance wlth the requirements of sections 394 and 395 and whl¢h otherwSse comply with tho requirements of the Companies Act 2006 relating to financial Statements, so far as applicable to the company. The member$ have not requlred the company lo obtaln an audit of Its ffnandal 8tat6menls for the year In quesllon In accordance wlth sectlon 476. These financial ststements have been prepared In awydance wth the provisions applicable to Companles $uble¢t to the small companles, reglm&. Approved by the Trustees on 41h November 2025 Rev Dr N Hamllton Trustee
NOTES TO THE FINANCIAL STATEMENTS FOR CONTEMPORARY CHRISTIANITY (NORTHERN IRELAND) LIMITED FOR THE YEAR ENDED 31 MARCH 2026 ACCOUNTING POLICIES Charlty Informatlon Contemporary Christi8nity (Northem Ireland) Limited is a private company limited by guarantee incorporated in Northern Ireland. The registered office is Inter Church Centre, Belfast Cathedral Centre, Donegall Stet, BelfasL BT12HB, Northem Ireland. la) Accountlng Conventlon The accounts have been prepared In accordance with the Chadty'5 goveming drKument, the Companies Act 2006 and 'Accounting and Reporting ty Charities.. Stslemenl of Recommended Practice applicable lo charities preparing their accounts in accordance wlth the Financial Reporting Standard applicable In the UK and Republlc of Ireland IFRS 102). {as amended for accounting Periods comm8nclng from 1 January 20191. Th8 charity 18 a Publlc Benefit Entity 88 dehned by FRS102. The charity ha8 taken advantage of the provisions of the SORP for charitie8 apptying FRS 102 Update Bulletin 1 not lo prepare a Statement of Cash Flows. The financial statements are prepar8d in slerllng, which Is the functlonal Curren of the charity. Monetary amounts In these financial gtalements are roundad to the nearest £. The flnen¢lal statements have been prepared under the hlstorlcal cost nvenOn. The principal accounting policles adopted are sel out below. Ibl Golng concorn Al the Ile of approving the financlal statements, the trustee8 have a rea80nable expeclallon that the Charity has adequate resources to conllnue in operallonal exlslence for the foreseeable future. Thus, th8 trustees continue to adopt the golng concern basi8 of accountlng in preparlng the financial Statements. (cl Charltablo fund• Unr881ricted fund8 are avallable for u8e at the dl8cretlon of th8 trust8e8 In furtherance of thelr charitabl8 objectives. Restrfcted fund8 are Subject to 8pecffj conditlon8 by donor8 as to how they may be u8ed. Th purp0888 and u8e8 of the re8Mcled fund8 are sel out in the note8 to the financial Statements. Id) Incomlng re8ource• Income is recognlsed when the charity Is legalty entitled lo11 after any performan conditions havè been Th*t, the amounts can be measured reliably, and it Is probable that Income wlll be received. Cash ¢Jonations are recognised on receipt. Other donations are recognised once the Charity ha8 been notified of the donation. unless performance conditions iequired deferral of the amount. Income lax recoverable in relation lo donations received under Gift Aid or deeds of covenant Is reco9ni5ed al th8 time of the donation. Turnover is rneasured al the fair value of the consideration received or receivable and represents arrunt5 receivable for goods and services provided in the nomial cour88 of business, net of discounts. VAT and other sales related taxes. {•) Resourcos gxpended Expenditure is recognised as soon as there is a legal or constructive obligation lo make a payment to a third party, it is probable that s8ttlement will be required, and the amount of the obli9ats.on Gan be measured reliabty. Expenditure is classified under the following activity heading.. 10
NOTES TO THE FINANCIAL STATEMENTS FOR CONTEMPORARY CHRISTIANITY (NORTHERN IRELAND) LIMITED FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on charitable acb'vities comprises those costs incurred by the charty in the delivery of ils activities and services for ils beneficiarie$. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support Ihem. Ifrecoverabie VAT is charged as a cost against the activity for whlch the expenditure was incurred. lfj Tanglble fixed a88et8 Tangible fixed assets ar8 initially ff*asured al cost and subsequently MeasUd al cost or valuation, net of depreciation and any impairment issues. Depwlation Is recognlsed so as to wrlte off the cogtor valLtation of8ssets1888 thelr residual values over their useful lives on the following bases.. Flxturos and fittlngs Compul8r8 20% straight line 20% stralght Ilne The gain or loss on th8 disposal of an asset Is detenined a5 the difference beeen the sale proceeds and the carrying value of the asset, and It 18 reco9ni5ed in net incomellexpenditure) for the year. {9) Imp•lrmont of flxod •••g1• Al each reporting end dale. the Charity reviews the carrying amounts of its tangible and Intanglble assets lo detemiine whether Ihere is any indication that those assets have suffefed ars imp8lrment loss. If any such indication exists, the recoverable amount of the a58et is esllmated In order to detenmine the exlenl of the impaimient (if any). Ihl Sto¢k• Sto¢k$ a staled at the lower of co$1 and estimat&d selling prices less costs lo complete and sell. Cost ¢ompri$es direct materials and, where applicabl&, direct labour costs and those overheads that have been incurred in bringing the stocks to their present IatIon and condition. Items held for di$lrSbullon al no or nominal consideration are measured the lower of replacement cost and st. 11) Cash and cash •qulval8nts Cash and cash equivalents inciude cash in hand, deposllg h•ld at call wllh banks, other short-term Ilquld Inve$lments with origln81 maturitie8 of three months or le88, and bank overdrnfts. Bank overdrafts are shown wllhin borrowings In current liabilitses. } Flnanclal Instrumonts The charity ha5 elected to apply the provisions of Sectlon 11 '8a$lc Flnanclal Instrument8" and Sectlon 12'0ther Financial Instruments Issu&$' of FRS102 to all of Its flnanclal instrument8. Financlal in8trum8nls are recojnlsed In the charity's balance 5he8t when the charity becomes paty to the contractual provisions of the Instrument. Financial assets and liablllties are offset, with the n8t amounts presented in the ffinancial statements, when there is a legally enforceable right to set off th& TecognSsed amounts and there is an intenb'on to settle on a nel basis or to realise the asset and settle the liabillty slmullaneously. Baslc flnanclal assets Basic financial assets, which Include debtors and cash and bank balances, are initially measured at tiansaction price including transaction costs are subsequently carried at amortised cost using the effective interest method unless the arrangement contributes a financing transacb'on, whefe the transaction is measured at the present value of the future receipts discounted al a market rate of interest. Finana81 assets classified as receivable within one year are not amrtised. 11
NOTES TO THE FINANCIAL STATEMENTS FOR CONTEMPORARY CHRISTIANITY {NORTHERN IRELAND) LIMITED FOR THE YEAR ENDED 31 MARCH 2025 Baslc flnanel81118bllltlos Basic financial liabilrties, including ¢ditorS and bank loans are initialty recogni8ed al transaction price unle$$ the arrangement nstItuteS a financing Iransaclion, where the debt instrument Is measured al Ihe present value of the fvtU payments discounted at the market rate of interest. Financial liabilities classified as payable within one year are nol amortised. Debt Instruments are subsequently carrSed al arnorSed cost, uslng the effects've intere8t rate method. Trade CTedttors are obllgation8 to pay for good8 or servlces that have beèn acqulred In the ordinary course ofoperations from suppliers. Amounts P8yabl8 are classrfied as current liabilities if payment is due wrthin one year or les6. If not, they are presented a8 non-current lbIlIties. Trade uedilor8 are rewgnised initially at transaCtn price and subsequently measured 8t amortlsed cost using the effective interest method. Derecognldon of flnanelal Ilabllltl•s Flnanclal Ilabilllies ar& derecognised when the charlty's contractual obllgatlon$ explre or are dlscharged or cancelied. Crltl¢al a¢countlng 88tlmat•8 and ludgomont• In th8 appIallOn of th8 charlty's accounllng pollcles, the trustees are requlred to make ludgemenls, eslimales and assumption8 about the carrylng amount of assets and liabililles that are not readily apparent from other soufcès. The estlmales and assoclated assumptions are based on hlstorfcal expeAence and other factors that are Gonsidered lo be relevant. Actual results may dlffer from these e8tlmates. Th8 e8llmat88 and underlylng a88umptlong are reviewod on an ongolng bas18. Rov181ons to accounting e811males are recognl8ed in the porlod In whl¢h Ihe e8llmale Is revised where the revislon affects only that period, or in tho perlod of the revl8lon and futurè p8rlods where the revision affects both current and future perlods. 3. Donatlons and legacl•• 2025 2024 Donallons and glfts Trusts 4,282 360 4.374 360 Charltoble actlvltlos 2025 2024 Sales wSthln charitsble aclivlties Investments Unrestrletod Funds 2025 Unrn$trlOd Funds 2024 Interest receivable 11 10 12
NOTES TO THE FINANCIAL STATEMENTS FOR CONTEMPORARY CHRISTIANITY (NORTHERN IRELAND) LIMITED FOR THE YEAR ENDED 31 MARCH 2025 6. Charttable •ctlvllle$ Unre8trl¢ted Fund4 2025 Unreatrlcied Funds 2024 Depreciation and impairment Resources Opening Stock Closing Stock Subscription8 64 250 90 (90) 241 555 119 503 l¢JO 1901 85 717 Share of support costslsee note 7} Share of governance costs Isee note 71 3,079 225 3,859 2,671 210 3,598 Support ¢ts Support Governance coit• co•t• 2026 2024 Ba•1• of allocatlon Rent Insurance Bank interest & charg88 Prlnting, Postage, Pholocopylng & SlatSonery Sundry Expenses Independent Examlnatlon Fees Leg81 and profe8slon81 1.420 300 41 1,318 1,420 300 41 1,318 1.320 300 42 1,009 100 100 90 Gov8mance 125 226 125 120 Govemance Anatysed betsyeen Charitable activities 225 Govemance c0818 include payfflen18 to the indep8ndent examlner8 of £10012024.. £90) for accountancy fees. Trustees Non6 of the Trustees {or any per80n8 connected with them) received 8ny remunerallon or benefits from the charity durin9 the year. Employees The average monthty number of employe88 during the year wa8.. 2024 Number 2023 Numbor Totsl 13
NOTES TO THE FINANCIAL STATEMENTS FOR CONTEMPORARY CHRISTIANITY (NORTHERN IRELAND) LIMITED FOR THE YEAR ENDED 31 MARCH 2025 10. Tanglble flx•d 088et8 Cornputer8 At 1 Aprll 2024 Al 31 March 2025 593 593 D•proeiation and Impalrni•nt At 1 April 2024 Depreclalion chargod in the year At 31 March 2025 529 64 593 Carrylng amount Al 31 March 2025 Al 31 March 2024 11. Sto¢k• 2026 2024 Flnlshed goods and goods for re8ale 90 12. Dabtorn 2025 2024 Other Debtors Prepayments and arxrued Inme 747 785 747 785 13. Credltorn 2025 2024 Accru815 14. Analys18 of net a88et8 betwe•n fund8 Unreslrl¢ted Fund8 2025 Unre8trlcted Funds 2024 Fund balan at 31 Mar¢h repSented by.. Tangible assets Current assetsllliabilitlesl 14
NOTES TO THE FINANCIAL STATEMENTS FOR CONTEMPORARY CHRISTIANITY (NORTHERN IRELAND) LIMITED FOR THE YEAR ENDED 31 MARCH 2025 15. Related party tran8a¢tlon• There wer8 no disclosable related party transactlons during the year12024'. none). 15