CHARITY REGISTRATION NUMBER: NIC100797
North Down CFC
Unaudited Financial Statements
31 March 2024

North Down CFC
Financial Statements
Year ended 31 March 2024
Page
Trustees, annual report
Independent examiner's report to the trustees
Statement of financial activities
Statement of financial position
Notes to the financial statements

Page 1
North Down CFC
Trustees, Annual Report
Year ended 31 March 2024
The trustees present their report and the unaudited financial statements of the charity for the year
ended 31 March 2024.
Reference and administrative details
Registered charity name
North Down CFC
Charity registration number
NIC100797
Principal office
3 Glenford Way
Newtownards
Co Down
BT23 4BX
The trustees
A Beattie
Mrs A Bartlem
Mr M Kennedy
Mr G Haire
Mr5 L Duff
Mr S Martin
Independent examiner
Ms E Mulholland for and on behalf of
2161218 Holywood Road
Belfast
BT41PD
structure, governance and management
North Down CFC, which is registered as a charity with the Charity Commission for Northern Ireland,
was established as a church by Trust Deed dated 30 July 1993.
The elders exercise spiritual 'watchcare' over the church while the trustees have overall legal and
financial responsibilities.
The church principally draws its members, volunteers and rneeting
attendees from Northern Ireland's Ards and North Down area.
The first trustees were appointed by the settlor of the trust. Additional and replacement trustees are
appointed by a simple majority resolution of existing trustees. Trustees do not have a term of office
and are not subject to re-election.

Page 2
North Down CFC
Trustees, Annual Report (contlnuedj
Year ended 31 March 2024
Objectives and activities
North Down CFC was formed to advance the Christian faith in Northern Ireland and elsewhere by..
holding church services and public meetings for praise, worship, bible teaching, prayer,
healing and fellowship.,
providing activities, education and teaching for children and young people,.
providing other facilities in the interests of social welfare which are in sympathy with the other
aims and objects of this Trust Deed with the object of improving the conditions of life for the persons
for whom the facilities are primarily intended and who have need of such facilities by virtue of their
age, infirmity, poverty or social and economic circumstances., and
such other charitable acts and things as will (or will tend to) promote or encourage the
Christian faith.
Achievements and performance
We identified need in line with our Trust Deed aims and objectives and have created, in partnership
with the local community, a strategy we consider will meet our charitable objectives and activities as
well as the needs of people living in Northern Ireland. Throughout this year we have remained
committed to meeting our objectives and priorities. Our strategic plan and Operational Report both
indicate our passionate commitment to continue our work and see positive changes in the lives of the
people we we work with.
We continued to meet on a Sunday at our Sunday Gathering, which is committed to extending a
welcome to everyone and remaining inclusive and open. We have continued to support and
encourage the Christian church at home and overseas, and remain in close contact with other local
churches, and those further afield.
We carefully considered, as we do every year, the Charity Commission for Northern Ireland's guidance
on public benefit to ensure we were meeting our statutory and legal obligations. Through the activities
we have delivered in 2023124 we have worked together to further the charities purpose and provide
benefit to all who are beneficiaries from it. We remain committed to upholding these principles.
Financial review
Incoming resources from donations for the year totalled £33,991 and expenditure for the year
amounted to £13,068.
Unrestricted reserves at 31 March 2024 totalled £62,972 of which £35,160 had been designated to
various funds at the year end.
Reserves Policy
Building and holding reserves is an integral part of financial planning within North Down CFC.
Reserves ensure that we have adequate funds available for planning for growth and to deal with
opportunities as they arise. It is the policy of the church that designated reserves, should be
maintained at a level which ensures the charity's core activity could continue during a period of
unforeseen difficulty. The Trustees aspire that the Charity should hold in a designated reserve of an
amount not less than £5,000 to minimise the risks identified to the Charity.

North Down CFC
Page 3
Trustees, Annual Report (eonllnued)
Yoar ended 31 March 2024
Plans lor future pgrfods
The church will continue to build on the successes to date in the Comi ing year by continuing to serve
the local communtiy. We remain COThi mitted to meèling our charitable objectives espeThally our
response to need and impacting those identified needs.
Ackno*ledgement8
Appreciation is eXp￿ssed to the elders. leaders and many members of the church who have put in so
much time and effort durfng the past year. ￿rI￿oUt this help, the church would be ineffecbve.
The trustees express their appreciation for the faithfvlness in giving by many members of the church.
Rogponslbilltl88 of the Trust&es
The cliarity's trustees are responsible for preparing the Trustee8 Annual Report and the financial
statements in accordance with applicable law and regulations.
The law applicable to charities in Northern Ireland requires the trustees to prepare financial statements
for each financial year. Under that law the tnjstees have elected to prepare the financial statements in
accordan￿ whh United Kingdom Generally Accepted Accounting Practice (United Kingdom
Accounting Stsndards and applicable law). The trustees must not approve the financial statements
unless they are satisfied thal they give 8 true and fair view of the stste of affairs of the charkty and the
income and expenditure of the charity for that period.
In preparing these financial 5tatemenis. the trustees are required to..
select suilable accounting policies and then apply them consistently..
observe Ihe method$ and principles in the Charifries SORP.,
make judgements and accounting estimates that are reasonable and prudent.,
Stale whelher applicable accounting standards ha'Je been followed, subject to any material
departures disclo5￿j and explained in the financial statements..
prepare the financial statements on the going concern ba81$ unless it is inappropriate to
presume that the charty will continue in operalion.
The trustèés are resp￿sible for keeping adequate accounting records that are 8uffi¢ient to show and
eyplain the charity's transactions and disclose with reasonable accuracy at any time the financlal
position of the charity and enable them to ensure that the financial statements comply with Ihe
Charitles Act (Northem Ireland} 2008. They are also resporysible for saleguarding the assets of the
charfty and hence for taking reasonable steps for the prevention and detection of fraud and Ot￿r
irregularities.
The trustees, annual report was approved on 2 Sep16mber 2024 and Signed on behalf of the board of
tNbtee5 by..
attie
Trustee

Page 4
North Down CFC
Independent Examiner's Report to the Trustees of North Down CFC
Year ended 31 March 2024
I report to the trustees on my examination of the financial statements of North Down CFC ('the charity,)
for the year ended 31 March 2024.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in
accordance with the requirements of the Charities Act (Northern Ireland) 2008 (the '2008 Act'l. You
are satisfied that your charity is not required by charity law to be audited and have chosen instead to
have an independent examination.
I report in respect of my examination of the charity's financial statements as carried out under section
65 of the 2008 Act. In carrying out my examination I have followed the general Directions given by the
Charity Commission for Northern Ireland under section 65{9)Ibl of the 2008 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection
with my examination giving me cause to believe that in any material respect..
accounting records were not kept as required by with section 63 of the 2008 Act- or
the financial statements do not accord with those records., or
the financial statements do not comply with the accounting requirements of the 2008 Act., or
the financial statements do not comply with the applicable requirements concerning the
form and content of accounts set out in the Charities (Accounts and Reports) Regulations
2008 other than any requirement that the accounts give a 'true and fair, view which is not a
matter considered as part of an independent examination.
I confirm that there are no other matters to which your attention should be drawn to enable a proper
understanding of the accounts to be reached.
wlholLcKvKcL
Ms E Mulholland for and on behalf of
Independent Examiner
2161218 Holywood Road
Belfast
BT4 1PD

Page 5
North Down CFC
Statement of Financial Activities
Year ended 31 March 2024
2024
Unrestricted
funds Total funds
2023
Total funds
Note
Income and endowments
Donations and legacies
Total income
33,991
33,991
33,991
32,192
33,991
32,192
Expenditure
Expenditure on charitable activities
Total expenditure
13,068
13,068
13,068
13,068
36,747
36,747
Net incomel{8xpenditure) and net movement in funds
20,923
20,923
{4,555)
Reconciliation of funds
Total funds brought forward
Total funds carried forward
42,049
42,049
46,604
62,972
62,972
42,049
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 7 to 11 form part of these financial statements.

Page 6
North Down CFC
statement of Financial Position
31 March 2024
2024
2023
Not&
Current assets
Debtors
Cash at bank and in hand
9,302
58.422
67.724
44,300
10,717
55.017
Creditors: amounts falllng due wlthln one year
Net current assets
10
4,752
12,968
42,049
42,049
62,972
62,972
Total a89•ts 1g8s curront liabillti08
Net assets
62.972
42,049
Funds of the charity
Unrestricted funds
62.972
42.049
Total charlty funds
12
62.972
42,049
These financial statements were approved by the board of trijstees and aulhorised for issue on 2
September 2024. and ar6 signed on behalf of the board by:
attie
Truslee
The notÈ¥ on pages 7 to 11 form part of the•e fin8n¢l•l $tat¢ments.

Page 7
North Down CFC
Notes to the Financial Statements
Year ended 31 March 2024
General information
The charity is a public benefit entity and a registered charity in Northern Ireland and is
unincorporated. The address of the principal office is 3 Glenford Way, Newtownards, Co Down,
BT23 4BX.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (Charities
SORP IFRS 102)) and the Charities Act (Northern Ireland) 2008.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity-
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial ststements requires management to make judgements,
estimates and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other factors, including expectations
of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal, and fall into one of Imo sub-classes.. restricted income funds or
endowment funds.

Page 8
North Down CFC
Notes to the Financial Statements (¢ontlnued)
Year ended 31 March 2024
Accounting policies (continuedj
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity., it is probable that the economic benefits associated with the transaction
will flow to the charity and the amount can be reliably measured. The following specific policies
are applied to particular categories of income..
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when retsipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and seNices are recognised in the
accounts when received if the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relates..
expenditure on raising funds includes the costs of all fundraising activities, events,
non-charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
be￿een the activities they contribute to on a reasonable, justifiable and consistent basis.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants
are not recognised until there is reasonable assurance that the charity will comply with the
conditions attaching to them and the grants will be received.

Page 9
North Down CFC
Notes to the Financial Statements (continued)
Year ended 31 March 2024
Accounting policies (¢ontinuedJ
Government grants (continued)
Where the grant does not impose specified future performance-related conditions on the
recipient, it is recognised in income when the grant proceeds are received or receivable. Vvhere
the grant does impose specified future performance-related conditions on the recipient, it is
recognised in income only when the performance-related conditions have been met. Where
grants received are prior to satisfying the revenue recognition criteria, they are recognised as a
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a paty to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured
reliably, the investment is subsequently measured at fair value with changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is not a market rate, in which case the asset is measured at the present value of the future
payments d15counted at a market rate of interest for a similar debt instrument.
other financial instruments are subsequently measured at fair value, with any changes
recognised in the slatement of financial activities, with the exception of hedging instruments in a
designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at the end of each reporting date. If there is objective evidence of impairment, an
impairment loss is recognised under the appropriate heading in the statement of financial
activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are
individually significant, these are assessed individually for impairment. Other financial assets are
either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised.

Page 10
North Down CFC
Notes to the Financial Statements (continued)
Year ended 31 March 2024
Donations and legacies
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Donations
Offerings and donations
Special donations
24,866
9,125
24,866
9,125
26,171
5,271
26,171
5,271
Grants
Government grant income
750
750
33,991
33,991
32,192
32,192
Expenditure on charitable activltles by fund type
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Charitable activities
13,068
13,068
36,747
36,747
Expenditure on charitable activities by activity type
Activities
undertaken Total funds
directly
2024
Total fund
2023
Charitable activities
13,068
13,068
36,747
Staff costs
The average head count of employees during the year was Nil (2023: Nill.
No employee received employee benefits of more than £60,000 during the year12023.' Nil).
Trustee remuneratlon and expenses
No trustees received remuneration or other benefits through employment with the charity.
Debtors
2024
2023
Prepayments and accrued income
other debtors
6,599
2,703
9,302
23,770
20,530
44,300

North Down CFC
Page 11
Notes to the Financial Statements {continuedJ
Year ended 31 March 2024
10. Creditors: amounts falling due within one year
2024
2023
Trade creditors
Accruals and deferred income
Other creditors
923
7,187
4,858
4,752
4,752
12,968
11. Government grants
The amounts recognised in the financial statements for government grants are as follows..
2024
2023
Recognised in income from donations and legacies=
Government grants income
750
12. Analysis of charitable funds
At 1 April 2023
Income
Expenditure Transfers At 31 March 2024
Unrestricted Funds
Charity Reserve
Buildings Fund
Donation fund
10,474
33,991
{9,228}
(7,425)
5,000
5,160
(2,735)
27,812
5,000
5,160
25,000
62,972
31,575
(3,840)
{13,068)
42,049
33,991
At 1 April 2022 Income Expenditure
Transfers
At 31 March 2023
Unrestricted Funds
Small grant fund
16,524
30,080
31,442
750
111,492} (26,000)
(25,255)
26,000
10,474
31,575
46,604
32,192
(36,747))
42,049

North Down CFC
Page 12
Notes to the Financial Statements (contlnued)
Year ended 31 March 2024
13. Analysis of net assets between funds
Unrestricted Total Funds
Funds
2024
Current assets
Creditors less than 1 year
Net assets
67,724
(4,752)
62,972
67,724
{4,752)
62,972
Unrestricted Total Funds
Funds
2023
Current assets
Creditors less than 1 year
Net assets
55,492
112,968}
42,524
55,492
(12,968>
42,524