Charity registration number.. 100819
Mourne Gospel Fellowship
Annual Report and Financial Statements
for the Year Ended 31 October 2023

Mourne Gospel Fellowship
Contents (continued)
Rcfcrencc and Administrative Dctails
Trustees, Report
2to5
Independent ExamineT'S Report
Statement of Financial Activities
7t08
Balance Sheet
Notes to the Financial Statements
IOto17

Mourne Gospel Fellowship
Reference and Administrative Details
Secretary
Miss Vivienne Rowland
Senior Management l Leadership Mr Johnny Brown
Team
Mrs Emma Brown
Mrs Joan Hall
Mi&4 Vivienne Rowland
Charity Registration Number
100819
Principal Office
10 The Square
Kilkeel
Countv DoNvn
BT34 4AA
Accountants
ABS Accountants ( Bangor ) Ltd
l May Avenue
Bangor
BT20 IJT
Pagc I

Mourne Gospel Fellowship
Trustees, Report
The trustees present the annual report together with the financial statements of the charity for the year ended 31
October 2023.
Trustees
Mr Johnny Brown
Mrs Emma BroNfvn
Mrs Joan Hall (appointed 24 April
2023)
Miss Viviennc Rowland {appointcd 31
March 2023)
Objeetives and aetivities
Objects and aims
The purpose of Mourne Gospel Fellowship is the promotion and encouragement of evangelism of children, young
people and adults.
The charity aims to take the Gospcl of Jesus Christ to all people iegardlcss of racc, rcligion, scx, social status or
baL'kground. By sharing God's lovc cqually to all. the charity sceks to build bridgcs across the whole community.
Objectives, slra¢egie5 and aclivities
Mournc Gospcl Fcllowship continues to delivcr thc charitablc activitics outlincd in its public bcnefit statcmcnt and
constitution in that
Weekly meetings continue twice on a Sunday, and include Sunday School duriT]g the morning Service
There is a Prayer meeting and Bible Study on a WedT]esday evening
There i5 a 'drop-in' on a friday evening
Clothcs bank and community cafe are opcn 34 days pcr week. nornially wcdncsday to saturday, dcpcnding on the
availability of voluntccts
Pagc 2

Mourne Gospel Fellowship
Trustees, Report {continued)
Public benefit
The principal purp05e is the adp'ancement of the Christian religion and the aCt]￿lty 15 public worship services each
and e￿.ery sunday. Everyone who chooses to attend the ￿OrShIp Services is ￿elcoMed. Special actI￿lI]eS aTe provided
for children during the niorning worship 5eTr'ice to enable parents of yOUT]g children to attend. Services aTe made
available on Youtube.
The public arc made aw'are of events and activities through the usc of notiec boards. printcd matcrial, press
advcrtiscmcnts, wcbsitc, social media and personal invitation.
Pastoral care services are provided to people ￿h0 attend the church and others in the local community. providing
help and suppon in good times and also in limcs of CTiSiS and sickness. piol'iding spiritual support and guidance and
also io provide practical help including food packages etc.
Full attcntion is givcn to rclevant Child Protcction and Vulnerable Adult Icgislation.
Rcgular prayer mcelings arc held at which the needs of thosc who attend and thc local community arc prayed for.
The Trustees confirni that they have complied with the requirements of the Charities Act ( Northern Ireland ) 2008
to have due regard to the public benefit guidance published by the Charity Commission for Northern Ireland.
Achievements and performance
The church continues to grow and expand its charitable activities, particularly the clothes bank which proi'ides free
clothing and shoes to those in need. and the community cafe which also provides fooivtealcoffee free of charge.
Donations are welcome for both. for those who like to donate to the church.Thi5 ministry is making significant
impact in the community particularly to those who struggle financially and also the local fishernien, who are
provided with clothes not only for themselves, but for their families also. All activities continue to promote and
encourage evangelism in the local community, with new community contacts being made each week.
Finaneial instruments
Objectives andpolicies
The charity's aCti￿.111cS cxposc it to a number of financial tisks including credit risk, cash flow risk and liquidity risk.
The usc of financial dcrivaiives is governed by thc charity's policies approiwed by the board of tnjstces, which
provid¢ ￿Titten principlcs on thc use of financial deriN"all￿¢S to manage thesc risks. Thc charity docs not usc
derivative financial instruments for spcculatii'c purposes.
Cashflow risk
The chaTity's actii'ities expose it primarily to the financial risk5 of changes in foreign currency exchange rates and
intcrcst ratcs. The charity uses foreign cxchangc foTh'ard contracts and intLrest ratc sivap contracts lo hedge thcsc
cxposurcs.
Interest bearing asscis and liabilities are hcld at fixed ratc to cnsurc certainty of cash flows.
Pagc 3

Mourne Gospel Fellowship
Trustees, Report {continued)
Credit risk
The Lharity'5 principal financial assets aTe bank balance5 and cash, trade and other receivables, and investments.
The charity's credit risk is priniarily attributable to its trade receivables. The arnounts presented in the balance sheet
are net of allowances for doubtful receivables. An allowance for impairnient is made where there is an identified
loss cvcnt which. based on prei'ious cxpcricncc, is cvidcncc of a reduction in the rccovcrability of thc cash flows.
The Lredit risk on liquid funds and dLrii'aliTrc financial instruments is limited because the counterpartics arc banks
with high crcdit-ratings assigned by international Lredit-rating agencies.
Thc charity has no signifiLani LollLcntration of Lrcdit tisk, with cxposure sprcad ovcr a larg¢ numbcr of
coUnte￿artieS and custorners.
Liquidity risk
In order to maintain liquidity to ensure that sufficient fund5 are available for ongoing operations and
developments, the charity u5e5 a mixture of long-term and short-terni debt finance.
Further details regarding liquidity risk can be found in the Statement of accouT]ting policies in the financial
siatcments.
Pagc 4

Mourne Gospel Fellowship
Trustees, Report (continued)
Statement of Trustees, Responsibilities
The trustees are responsible for preparing the trustees. report and the financial statements in acLordan¢e with the
United Kingdom AL¢ounting Standards (United Kingdom Generally Ac¢epted A¢¢ounting Pra¢ti¢e) and applicable
law and regulations.
The law applicable to charities requires the trustees to prepare financial statemenls for each financial year which
give a true and fair view. of the slate of affairs of the charity and of the incoming resources and application of
resources of the charity for that period. In preparing these financial statements, the trustees are required to..
select suitable accounting p)licies and then apply them consistenily:
observe the methods and principles in the Charitie5 SORP.
make judgements and estimates that are reasonable and prudent;
state whether applicable aLcounting standards have been followed. subject to any mateTial 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 charity
will continue in business.
The trustecs are responsible for keeping proper aLeounting rccords ihat disclose with reasonable accuracy at any
time the financial position of the Lharity and enable them to ensure that the financial statcments Lomply with ihe
Charities Act 201 I, the Charities (Accounts and Reports} Regulations 2008, and the provisions of the constitution.
The trustees are also responsible for safeguarding ihe assets of ihe charity and hence for taking reasonable steps for
the prevention and detection of fraud and other irregularities.
The trustees are responsible for ihe maintenance and inlegrity of ihe corporate and financial inforniation included on
the charitable Lompany'5 web51te. Legislation governing the preparation and dissemination of financial statements
may differ from legislation in other juri5didions.
Approved by the trustees of the charity OTJ 17 July 2024 and Signed on its behalf by:
Mr Johnny Brown
Chainnan and Trustee
Miss ViN'ienne Rowland
Secretary and Trustee
Page 5

Mourne Gospel Fellowship
Independent Examiner's Report to the trustees of Mourne Gospel Fellowship
I report to the trustees on my examinalion of the accounts of Mourne Gospel Fellowship for the year ended 31
October 2023.
Responsibilities and basis of report
As the charity's trustees of Moume Gospel Fellowship you are responsible for the preparation of the accounts in
accordance wilh the requiremenls of the Charities Act ( Northern Ireland } 2008 ('the Act.).
I report in respect of my examination of the Mourne Gospel Fellowship's accounls carried out under the Act and in
canying out my examination I hai'e followed all ihe applicable Directions given by the Charity Commission under
seclion 145(5)(b) of the Act.
Independent examiner's statement
I have Lompleted my examination. J confinn that no material matters have come to my attention in Connection with
the examinaiion giving me cause to believe ihat in any material respect:
accounting re¢oTds were not kept in respect of Mourne Gospel Fellowship as Trquired by section 63 of the Act;
or
2. the accounts do not accord with those records- or
3. the a¢¢ounts do not Lomply with the aLeounting requirements LollLcrning the forn) and content of ac¢ount$ set
out in the Charities (ALeount8 and Reportg) Regulations 2008 oth¢r than any requiremeni ihat the a¢¢ounts
give a 'true and fair view, which is not a matteT Lonsidered part of an independeni examination.
I have no concerns and have come acr055 no other matters in connection with the examination to which attention
should be drnwn in this report in order to enable a proper understanding of the accounts to be reached.
Ralph Ewing FCA
ABS Accountants ( Bangor ) Ltd
l May Avenue
Bangor
BT20 4JT
17 July 2024
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Mourne Gospel Fellowship
Statement of Financial Activities for the Year Ended 31 October 2023
Unrestricted
funds
Restricted
funds
Total
2023
Note
Income and Endowments from:
Charitable activities
Other incorne
51,902
5,717
51,902
5,717
Total inLome
57,619
57,619
Expenditure on:
Raising funds
Charitablc aL'tivitics
Other cxpenditurc
(833)
(34.777)
(91)
(833)
(34,777)
(91)
Total expenditure
(35,701)
(35,701)
Net income
GTOSS transfers between funds
21,918
500
21,918
(500)
Net movement in funds
22.418
(500)
21,918
Reconciliation of funds
Total ￿ndS brought fonvard
80,675
627
81,302
Total ￿ndS carried fonvard
103.093
Unrestricted
funds
127
103,220
Total
2022
Restricted
funds
Note
Income and Endowments from:
Donations and Icgaeies
Charitablc aL'tivitics
Other irading activilics
Other incomc
(500)
38,208
(500)
38,208
1,874
7,586
1,874
7.586
Total income
45,294
1,874
47,168
Expenditure on:
Charitable aLtivitics
(28,879)
(644)
(1,292)
(30,171)
(644)
Other cxpcnditurc
Total expenditure
(29,523)
(1,292)
(30,815)
Net income
15,771
582
16,353
Other recognised gains and losse5
Other gainsllosses
Net movement in funds
15,771
583
16,354
The notes on pages l O to 17 forni an integral part of these financial statements.
Pagc 7

Mourne Gospel Fellowship
Statement of Financial Activities for the Year Ended 31 October 2023 (continued)
Unrestricted
funds
Restricted
funds
Total
2022
Note
Reconciliation of funds
Total funds brought fonvard
64,904
44
64,948
Total fimds carried fonvard
80,675
627
81,302
All of the charity's activities derive from continuing operations during the above two periods.
The funds breakdown for 2022 is shown in note I l.
The notes on pages l O to 17 forni an integral part of these financial statements.
Pagc 8

Mourne Gospel Fellowship
(Registration number: 100819)
Balance Sheet as at 31 October 2023
2023
2022
Iyote
Fixed assets
Tangible assets
204,088
193.428
Current assets
Cash at bank and in hand
11.131
25.874
Creditors: Amounts falling due H'ithin one vear
io
{111,999)
(138,000)
Net current liabilities
{100,868)
{112,126)
Net assets
103,220
81.302
Funds of the Charity:
Restricted income funds
RestriLted funds
127
627
Unrestricted income funds
Unrestricted funds
103,093
80.675
Total funds
103,220
81,302
The financial statements on pages 7 to 17 were approved by the tn￿tee5, and authorised for issue on 17 July 2024
and signed on their behalf by..
Mr Johnny Brown
Chairn]an and trustee
Miss Vivienne Rowland
Trustee
The notes OT] pages 1 O to 17 form an integral part of these financial statements.
Page 9

Mourne Gospel Fellowship
Notes to the Financial Statements for the Year Ended 31 October 2023
l Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities- 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 (FRS 102) (effective l January 2015) - (Charitie5
SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and
the Charities Act (Northem Ireland) 2008.
Basis of preparation
Mourne Gospel Fellowship meets the definition of a public benefit entity under FRS 102. The accounts (financial
statements} have been prepared under the historical cost convention with items recognised at cost or transaction
value UT]less otherwise stated in the relevant noid5) to these accounts.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going
concern.
Transition to FRS 102
In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS
102 and the Charities SORP FRS 102 a restatement of comparative ifrms was required. No restatements are required
as a result of the transition to FRS 102.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature
is recognised when the charity has entitlement to the income, it is probable that the income will be received and the
amount can be measured with sufficient reliability.
Gift aid
Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the
gift to which they relate.
Expenditure
All expenditure is recognised once there is a legal or construCti￿e obligation to that expendI￿re, it is probable
settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure
heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings
they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the
basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are
allocated based on the spread of staff costs.
Pagc 10

Mourne Gospel Fellowship
Notes to the Financial Statements for the Year Ended 31 October 2023 (continued)
Raisingfunds
These are costs incurred in attracting voluntary income, the manageTnent of investments and those incu￿ed in
trading activities that raise funds.
Charitable aclivities
Charitable expenditure COTnprises those costs incurred 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.
Support costs
Support Costs include central functions and have been allocated to activity cost categories on a basis consistent with
the use of resources, for example, allocating property Costs by floor areas. or per capita. staff costs by the time spent
and other costs by their usage.
Taxation
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it
meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially
exempt from taxation in respect of income or capital gains received within categorie5 covered by Chapter 3 Part I I
of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that
such income or gains are applied exclusively to charitable purposes.
Tangible fixed a55ets
Individual fixed assets costing £0.00 or more are initially recorded at C05t.
Depreciation and amortisatio
Fixed assets are depreciated at a rate estiTnated to write the cost off over the estiTnated useful life of the asset.
Asset class
Motor vehicles
Depreciation method and rate
20 % reducing balance
Cash and eash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments
that are readily convertible to a known amount of cash and are subject to aT] insignificant risk of change in value.
Pagcll

Mourne Gospel Fellowship
Notes to the Financial Statements for the Year Ended 31 October 2023 (continued)
Borroivings
Intcrcst-bcaring borrowings arc initially recordcd at fair value. nct of transaction costs. Jntercst-bcaring borrowings
arc subsequcntly carried at amortiscd cost, ￿'1th thc diffcrcnce bctwecn the proceeds, net of transaction costs, and the
amount duc on rcdcmption bcing rccognised as a Lharge to thc Statement of Financial Actiiwities ovcr thc period of
Ihc rclcvant borrowing.
Intcrcst cxpcnse is rccognised on the basis of the effectivc intcrcsl method and is included in intercst payable and
similar charges.
Borrowings arc classified as current liabilitics unlcss the charity has an unconditional right to dcfcr scttlemcnt of the
liability for ai Icast twelve months after thc reporting datc.
Fund structure
UnrcstriLted income funds are gcneral funds that arc availablc for usc at thc trustccs discretion in furthcrancc of the
objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purp)ses, the use of which is
restricted to that area or purpose.
Financial instruments
clas5ificalion
Financial assets and financial liabilities are rccognised when the charity becomes a party to thc contractual
provisions of thc instrumcnt.
Financial liabiliti¢s and cquity instruments ar¢ classificd according to the substancc of the contractual arrangcmcnts
entered into. An equity instrument is any contract that evidence5 a residual interest in the a55ets of the chaTity after
dcduLting all of its liabililics.
Recognilion and measuremenl
All financial assets and liabilities are initially measured at transaction price (including transaction costs}, except for
those financial a55et5 classified as at fair value through profit or loss, which are initially measured at fair value
(which is nomlally the transaLtion pricc excluding Iransaction costs), unless the arrangemcnt conslitutcs a financing
transaction. If an arrangemcni constitutcs a financing transaction, the financial asset or financial liability is mcasured
at the present value of the payments discounted at a market rate of interest for a similaT debt instruTnent.
Financial a55et5 and liabilities are only offset in the statement of financial positiOTJ when. and only when there exist5
a Icgally cnforccablc right to set off thc rccognised amounts and the charity intcnds either to settle on a nct basis, or
to rcalisc the asset and scttlc thc liability simultaneously.
Financial assets arc dcrceogniscd when and only when a) the contractual rights to thc cash flows from the financial
asset cxpire or arc settled, b) the charity transfcTS to another party substantially all of the risks and rewards of
owiership of thc financial assct, or c) thc charity, dcspite having rctained some, but not all, significant risks and
rcwards of owiership, has transfcrrcd control of the assct to another party.
Financial liabilitics are derccogniscd only when thc obligation specificd in thc contract is discharged, cancclled or
expircs.
Pagc 12

Mourne Gospel Fellowship
Notes to the Financial Statements for the Year Ended 31 October 2023 (continued)
Debi in5trumenls
Debt instrurnents ￿'hiCh meet the following conditions are Subsequently measured at amortised cost using the
effective interest method:
(a} The contractual retum to thc holder is (i) a fixcd amount. (li) a positivc fixed ratc or a positive variable ratc. or
(iii} a combination of a positive or a ncgative fixed ratc and a positive variable ratc.
(b) The contraci may provide for rcpaymcnts of th¢ principal or th¢ rctum io thc holdcr (but not both) to be linked to
a single relevant observable iT]dex of general price inflation of the currency in which the debt instruTnent is
denominated. provided such links are T]Ot l¢veraged.
(c} Thc contract may provide for a detemiinablc variation of the return to thc holdcr during the lifc of thc instrument,
providcd that (i) Ihc new raic satisfics condition (a) and thc variation is not contingent on future cvcnts other than ( l )
a changc of a Lontractual N'ariablc ratc; (2) to protect the holder against credit detcrioTation of the issucr; {3) changLS
in levics applied by a central bank or arising from changcs in rclevani taxation or law. or (li) the ne￿. rate is a markct
ratc of interest and satisfics condition (a).
(d) Thcrc is no contraciual piovision that could. by its tern￿, result in thc holdcr losing thc principal amount or any
intcrcst attribulablc to thc Lurrcnt period or prior pcriods.
(c} Contractual provisions Ihat pennit the issuer to prcpay a debt instrumcnl or pcrniit thc holdcr to put it back lo the
issuer before maturity are not contingent on ￿tUre eN'ents, other ihan 10 protect the holder against the Credit
deterioration of the issuer or a change in control of Ihe issuer, or io proteci the holder or issuer against changes in
levies applied by a central bank or arising from changes in relevant laxation OT law.
(D Contractual proNisions may pennit Ihe extension of ihe tenn of ihe debt instrnrnent, provided that the retum to
Ihc holdcr and any other contraLtual provisions appliLablc during the cxtcnded tern] satisfy the conditions of
paragraphs (a) to (c).
Debt instruments that are classified as payable or receiN'able within one year on initial recognition and which meet
the above conditions are measured at the undiscounted amount of the cash or other consideration expected to be paid
or received, net of impainnent.
With the exception of some hedging instruments, other debt instruments not meeting these conditions are measured
at fair value through profit or loss.
Commitments to make and receive loans which meet the conditions mentioned above are measured at cost (which
may be nil) less impairment.
Invéstments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are
publicly traded or their fair value is reliably measurable) are measured at fair value through profit or loss. Where fair
value cannot be measured reliably. investments are measured at cost less impainnent.
Investments in subsidiaries and associates are measured at cost less impainnent. For investments in subsidiaries
acquired for consideration including Ihe issue of shares qualifying for merger relief, cost is measured by reference to
the nominal value of the shares issued plus fair value of other consideration. Any Premium is ignored.
Pagc 13

Mourne Gospel Fellowship
Notes to the Financial Statements for the Year Ended 31 October 2023 (continued)
Derivalivefinancial inslrumenls
The chaTity uses deriwative financial instruments to reduce exposure to foreign exchange risk and interest rate
movements. The charity does not hold or issue derivative financial instruments for speculatiN'e pU￿oSe5.
Dcrivativcs are initially rccogniscd at fair value at the date a dcrivative contract is cntercd into and arc subscqucntly
rcmcasurcd to their fair value at caeh ieporting dalc. The iesulting gain OT Ioss is TCLognised in statcmcnl of financial
activitics immcdiatcly unless the dcrivatii'e is designated and effective as a hed￿ng instrument. in which C￿ellt the
timing of th¢ rccognition in slatcmcnt of finanLial activitics depends on th¢ natur¢ of th¢ hedge rclationship.
Fair value measuremenl
The best evidence of fair value 15 a quoted price for an identical asset in an active market. When quoted prices are
unavailable, the price of a recent transaction for an TdeT]tical asset proNTides evidence of fair value as long as theTe
has not been a significant change in economic circum51aT]ces or a significant lapse of time since the transaction took
place. If the Tnarket is not active and recent transactions of an identical a55et on their owi are not a good estirnate of
fair valuc, Ihc fair value is estimatcd by using a valuation technique.
2 Income from donations and legacies
Unrestrieted
funds
General
Total
funds
Total for 2023
Total for 2022
(500)
(500)
3 Income from charitable activities
Unrestricted
funds
General
Total
funds
Gospel Fellowship
49,616
49,646
Total for 2023
49,646
49,646
Total for 2022
37.351
37,351
4 Income from other trading actiTrities
Restrieted
funds
Total
funds
Total for 2023
Total for 2022
1,874
1,874
Pagc 14

Mourne Gospel Fellowship
Notes to the Financial Statements for the Year Ended 31 October 2023 (continued)
5 Expenditure on charitable activitie5
Unrestricted
funds
General
Restrieted
funds
Total
funds
ote
Gospel Fellowship
34,777
34,777
Total for 2022
28,879
1,292
30,171
Total
expenditure
6 Other expenditure
Total
funds
Note
Total for 2023
7 Trustees remuneration and expenses
During the year the charity made the following Iransactions with trustees..
Mr Johnny Broivn
Mr Johnny reccived remuneration of £24,200 (2022: £24,600) during thc year.
Pagc 15

Mourne Gospel Fellowship
Notes to the Financial Statements for the Year Ended 31 October 2023 (continued)
8 Taxation
The charity is a rcgistcrcd charity and is thereforc excmpt from taxation.
9 Tangible fixed assets
Land and
buildings
Furniture and
equipment
Total
Cost
At l November 2022
Additions
193,428
193,428
10,660
10,660
At 31 October 2023
193.428
10.660
204,088
Depreciation
At 31 October 2023
Net book value
At 31 October 2023
193,428
10,660
204,088
At 31 October 2022
193,428
193,428
10 Creditors: amounts falling due Mithin one year
2023
2022
Other loans
Other creditors
112,000
(i)
138,000
11,999
138,000
11 Funds
Balance at I
Noi'ember
2022
Other
recognised
gainsl(losses)
Balance i
31 Octobi
2023
Incoming
resources
Resources
expended
Transfers
Unrestricted
General
80,675
57,607
(35,701)
500
12
103,OC
Restrieted
627
(500}
Total funds
81,302
57,607
(35,701)
12
103,2-
Pagc 16

Mourne Gospel Fellowship
Notes to the Financial Statements for the Year Ended 31 October 2023 (continued)
Balance at I
Noi'ember
2021
Other
recognised
gainsl(losses)
Balance at
31 October
2022
Incoming
resourees
Resources
expended
Unrestricted
General
64,904
43,782
(28,015)
80,675
Restrieted
1,874
{1,292)
627
Total funds
64,948
45,656
(29,307)
81,302
12 Analysis of net funds
At l November At 31 Oetober
2022
2023
Cash at bank and in hand
25,874
25,874
Net debt
25,874
25,874
At l November At 31 October
2021
2022
Cash at bank and in hand
7,769
7,769
Net debt
7.769
7,769
Pagc 17

Mourne Gospel Fellowship
Statement of Financial Activities by fund for the Year Ended 31 October 2023
Total
Total
Unrestricted Unrestricted
Funds
Funds
2023
2022
Income and Endowments from:
Donations and legacies
Charitable activities
Other incorne
(500)
38,208
7,586
51,902
5,717
Total income
57,619
45,294
Expenditure on:
Raising funds
Charitablc aL'tivitics
Other cxpenditurc
(833)
{34,777)
(91)
(28,879)
(644)
Total expcnditure
(35,701)
(29,523)
Net income
GTOSS transfers between funds
21,918
500
15,771
Net movement in funds
22,418
15,771
Reconciliation of funds
Total ￿ndS brought fonvard
80,675
64,904
Total ￿ndS carried fonvard
103.093
80,675
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Pagc 18

Mourne Gospel Fellowship
Statement of Financial Activities by fund for the Year Ended 31 October 2023 (continued)
Total
Restricted
Funds
2023
Total
Restricted
Funds
2022
Income and Endowments from:
Other trading activitie5
1,874
Total income
1.874
Expenditure on:
Charitable aLtivitics
(1,292)
Total expenditure
(1,292)
Net income
Gross transfers between funds
582
(500}
Net movement in funds
(500)
582
Reconciliation of funds
Total ￿ndS brought fonvard
627
Total funds carried forward
127
626
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Pagc 19

Mourne Gospel Fellowship
Detailed Statement of Financial Activities for the Year Ended 31 October 2023
Total
2023
Total
2022
Income and Endowments from:
Donations and legacies (analy5ed below)
Charitable activities {analy5ed below)
Other trading activitie5 {analysed below)
Other incorne (analysed below)
(500)
38,208
1,874
7,586
51.902
5,717
Total income
57,619
47,168
Expenditure on:
Raising funds (analysed bclow)
Charitablc aLtivitics {analyscd bclow)
Other cxpcnditurc (analysed below)
(833)
(34,777)
(91)
(30,171)
(644)
Total expenditure
(35,701)
(30,815)
Net income
21,918
16,353
Net movement in funds
21,918
16,353
Reconciliation of funds
Total ￿ndS brought fonvard
81,302
64,948
Total funds carried forward
103,220
81,301
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Pagc 20

Mourne Gospel Fellowship
Detailed Statement of Financial Activities for the Year Ended 31 October 2023 (continued)
Total
2023
Total
2022
Donations and legacies
Appeals and donation5
(500
(500)
Charilable aclivitie5
Offering
Appcals and donations
Other income
24,519
12,832
857
49,646
2.256
51,902
38,208
Other trading oLtivitié.s
Grants - other agencies
1,874
1,874
Other income
Gift Aid tax reclaimed
Interest on cash deposits
(Profit)/loss on sale of tangible fixed assets held for charity's own use
5,705
12
6,074
1,508
5,717
7,586
Raisingfunds
Purchases
Telephone and fax
317
516
833
Charilable activities
Wage5 and salarie5
Light, heat and power
Insurance
24,200
1,784
24,600
1,234
500
916
1,000
500
310
Insurance
945
5,080
Equipment repairs and renewals
Youth activities
Youth activities
Computer software and maintenance costs
Sundry expenses
Motor expenses
Motor expenses
Speakers
216
786
702
254
225
1,440
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Pagc 21

Mourne Gospel Fellowship
Detailed Statement of Financial Activities for the Year Ended 31 October 2023 (continued)
Total
2023
Total
2022
Bank charges
Bank charges
38
117
101
34,777
30,171
Other expenditure
Water rates
Printing, postage and ststionery
80
321
323
91
644
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Pagc 22