Company Reglstratlon Number: Nl823523 Charlty Number: 100981 The Journey Church Annual Report and Unaudited Financial Statements for the financial year ended 31 March 2025 Mccleary & Company Ltd Chartered Accountants Garvey Studlos 14 Longstone Street Lisbuin Co. Antiim BT28 1TP AE1108EY 2311212025 COMPANIES HOUSE A33
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The Journey Church CONTENTS Page Trustees. and Olher Infomiation Trnstees. Annual Report stateff*nt of TNstees' Responsibilities Independent Examine¢s Report Statement of Flnancial Activities Balance Sheei 10 Notes to Ihe Financial Statements
The Joumey Church TRUSTEES. AND OTHER INFORMATION Trustees Matthew John Kennedy Holly Caims (App)inted 1 September 20241 Colin Patterson (Appointed 1 September 2024) Safnuel Joseph Bittle (Resigned 1 September 2024) David vllIaM Adams (ApFointed 1 January 2025) Colin Trevor Johnston (Appointed 1 January 2025) Neil Wlliam McLe8se (Appointed 25 Septsmber 2025) Charity Number In Northern Ireland 100981 Company Registration Number N1623523 Principal Address The Journey Church Unit 3B Moira Road Retail Park 45 Moira Road Lisburn Co Antrim BT28 1RH Independent Examlner Mccleary & Company Ltd Chartered Accountants Garvey Studios 14 LOtOThe Street Lisburn Co. Antrim BT28 1TP Solkltors MacC0ell Legal GaeY Studios 8-10 Longstone Street Lisburn BT28 1TP
The Journey Church TRUSTEES. ANNUAL REPORT for the financia year ended 31 March 2025 The trustees present their Trustees. Annual Report. combinin9 the Directors, Report and Trustees. Report, and the naudited finan(ial ststements for the financial year ended 31 March 2025. The finanaal statements are prepared in accordance wth the Companies Act 2006. FRS 102 "The Finanaal Reporting Standard ap1¢able In the UK and Republic of Ireland, and Accounts'ng and Reporting by Charilies.. Statèmenl of Recommended Praclice applicable to chariti'es preparing their financial statements in aCcrdanCe with the Finanaal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Trustees. Report contain8 the information fequired to te provlded in the Tru8tee8' Annual Report under the Statement of Recommended Practice ISORP} guidelines. The trustees of the charity are also charty trustees for the purpose of charty law and under the charitys constibjlion are known as member8 of the board of trustees. In th18 report the Irustse8 of The Journ•y Church present 8 8ummary of its purpose. governance, a¢tivth'•8, achievements and finance8 lor the financial year 31 March 2025. The charty is a reg8tered char1 and hence the report and results are Fyesented in a fom which complies the requirements of the Companies Act 2006 and, although not old to comply with the Ststement of Recommended Piactice appiicable In the UK and Republi¢ of Ireland FRS 102, tho organi$ab'on has implemented it8 recommendats'ons wthero relevant in these financial $Lements. M1$5ion, ObJo¢lives and Strategy Mlssion Stat•m•nt The charty aims to ts8ch the v81ue8 Outlined vthin the Bible to better Improve people'8 live8 and give them an opportunity to put their trust in God. The charity aims to provide a regular FAace of woTship with a sense of community arKI belonging for its peoe. It also provides adl'vities for children and young children. Otrleetlv The charlty aims to work locally vAth all 8ectlons of the cornmunty, building relats'onships. shaiing. and demonstrating the love of God. The charity is currenoy partnering with Lisburn Foodbank which is an organisab'on founded by local churches and communty groups, YrkI.n9 together towards stOPFqng hunger in our local area. The Journey Church have been supporting the foodbank now over several yearn, through seasonal collects'ons and ncw has a daily drop off point in the café entrance. All the88 activities are run by volunteers, apart from the church teaching and pastoral care. The church employed Dave V¥lie as a full b'me pemianent pastor within the organisalion wth employment commencing in May 2024. The eharity al80 has a part-b'me worship and music coordinator. training. and equipping Othe in leading worship and playing instruments, The charity also employs a part tsme administrator to assi8t with the administrab'on of the church and to wovide support to the leadernhip team in coordinatson and cornmunicats'on of the actsvit'es happening ¥ithin ¢hurch and through the other cornmunty Servlces. Strategy The Church owns a sutsidiary company Happy Days ILisburn) Lirnlted, a soft p4ay and f0 venture vthich has been operating for 3 years. This has en an amazing way to connect with the local communty. This year, the café conts'nued renovab'ons to improve Ihe faalities offered and increase the capacty avallablè for eustomern. Multlple spa& in the church building arè used for groutb io gather. A craft group runs one momlng 8 vfftk wthlch has been a regular opportunity for women of all ages to gather and enjoy company over their crafts. There are also multiple exercise dasses running in the ¢hur¢h building during the week both free and private hire bookings. which is Seeing many new people engage with the church services and other activities. The charty a180 8UPPOrt8 mi88ionarie8 in Spain, Ser.a, Italy and The Republic of Ireland. The charity aimed lo havè over one hundred regular attendees in worship services each week. Attendance has increa6ed in the past year and the charity continues to improve its excellent fariliti"es.
The Joumey Church TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2025 Structure. Governance and Management strudure The trustees also act as directorn lor the charlty and make up the joint leadership team. Each director h86 equal responsibility. aLrthority, and power In decision-maknng. lfylhen a unanimous decision cannot be achieved, a majorty dèctsion is reached. Within the context of the Journey Church these directors serve as leaders and are responsible for all decision-making along with the wider church leadership team. The Journey Church has a memorandum and arts.des of association and 18 constituted as a lirnited company by guaranteo. Governance All trustees must pa88 strict criteria, they rnt be above reproach. have a good reputation and be resw)nsible th money. Outgoing Trustees must unanlmoupjy agree when appoinb'ng new trustèes. All risks posed to the charty are covered by professional indemnity insurance. Appropriate procedures and systems are in plac£ to ensure that the crrteria are always rnet to comply with insurance policles. The charty has a safeguarding wlicy in a¢e lor working ¥wth children and vulneiaL4e adults. All volunteerB Vithin the charity gre appropriately vetted. Flnanclal R•vl The results for the financial year are set out on page 9 and adth'ts'onal notes are provided shovling income and expenditure in greater detail on page 18. The charity has a healthy cash balance. The rnajorty ol the charty'8 income comes through donalon8 from church members. A Bizable arnount ol the chadty's money is set aside for local compassion work and over80as m18slon wor Results and Dividends At the end ol the financial yéar the charty ha8 as8ets of £651,970 (2024 - £653,781) and liabilitieo of £1.73012024 - £2,022). The net 8888ts of th6 Charity have decre88ed ty £11.519). The charity is keen to expand its work in the heart of the local community. A major part of this work will indude Increasing awareness ol the seNices offered at the church through links counselllng Sepiiee and conbnuing to build and grow partnerships ¥ith local community groups such as the Resurgam centre in one of the neighbouring eststes. We also plan lo continue expanding the seryices are able to offer the local communty thfough Happy Days. Trustees The current tnJstee8 are as set out on page 3 MatthewJohn Kennedy Holty Cairns {Appointsd 1 September 2024) Colin Patterson (Appointed 1 Septernber 21r24) Samuel Joseph Bittle {Resign8d 1 September 20241 David Wlliam Adam8 (Appointed 1 January 2025) Colin Trevor Johnston (Appnted 1 January 2025) Neil Wlliam McLeese (Appointed 25 September 20251 Cgmpllance wlth sector.wlde L•glslatlon and Standard$ The charity engages pro-acbvely with legislation, standards and codes whid) are dweloped for the sertor. The Joumey Church subscribes to and is compliant vath the follovling: The Companie6 Act 2006 The Chariti'es SORP (FRS 1021
The Journey Church TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2025 Approved by the Board of Trustees oft 27 November 2025 and signed on Its behaff by: Matthew John Kennedy Trustee Holty Trustee ns
The Joumey Church STATEMENT OF TRUSTEES. RESPONSIBILITIES for the financAal year ended 31 March 2025 The trustèes. who are also directors of The Journey Church for the purposes of company law, are responsible for preparing the financial Btatements in accordance with applicable law and regulatio. Cornpany law iequires the trustees as the directors to preFore financial statements fi)f each financial year. Under that law the trustees have èlected to prepare the financial ststemènts in accordance with United Kingdom Generalty Accepted Accounting Piacts'ce (United Kingdom Accounting Stsndards and applicablè law) including FRS102 "The Financial Reporting Standard apFlicablè in the UK and Reput4ic of Ireland" Under company law the trustees must not approve the financial statsments unless they af8 8ab'sfied that they give a true and fair view ol the 8tsté of affair8 of the charty and of the net in¢ome or expenditure of the tharity for that period. In preparing these financial statements, the trustees arè required to.. select suitsble accounting policies and apply them consistently; make judgements and e8b'mates that are Tea80nablo and prudent., state whether the financial statements have been prepared in accordance %*ith the relevant financial reporting frameworK identfy those standards, and note the effect and the reasons for any material departUTe from th08e standards: and prepare the financial statements on the going concern basis unless it 18 inappropriate to presume that the ch8rity vlll continue in operation. The trustees confirm thal they have CoMled V¥ith the above requirements in preparing the financial statements. The trustees are responsie lor keep'ng adequate ac(x)unt'ng r8(x>rd8 that are 8uffi¢iont to show and explain the ¢h8nty's transaclions and di8dos• with ieasonable accuracy at any time the finaniial positson of the chanty and onabie them to ensure that the financial statements comFAy with the Companies Act 2008, They are a180 respon8it48 for safeguarding the assets of the charty and hencè for takn'ng Teasonabie Ste for the prevents'on and detection of fraud and other irregularities. Approv by the Board of Trustees on 27 Nov•mlxi 2025 and SIgn on Its behaff by: Matthew John Kennedy Trustee Holly TfUSte• ns
The Journey Church INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF THE JOURNEY CHURCH I have examined the financial ststements of the charity for the financial year ended 31 March 2ff25. v4hich comprise the Statemènt of Flnaneial Activities {incorpor8ts'ng an Incomo and Expenditure Account), th• Bal•n¢e Sheet and the related notes. Resp*tlve responsibilities of trustees and examlner The charity's trust8es (who are also the directors of the Company foi the purposes of company law) are responsitle for the preparation of the financial statements in accordance viith the requirements of the Companies Act 2006. The charity's trustees consider that an audit is not required for this financial year undèr Chapter 3 of Part 16 of the Companies Act 2006 and that an independent examination is required. It is my resronsitslty to-. exarnine the finan¢ial ststements under section 65 of the Charities A¢t; follow the wocedures laid down by the general Direcli0Tr8 given by the Charity Comrnission for Northern Ireland under 86ction 65(9)(b) of the Charitle6 Act,. and 8tste whether parficular matters have come to my attenllon. 8asls of Independent •xamln•fs report I have examined your charity financlal 8tat•ments a8 requlred under seclion 65 of the Charllles Act and my examination was carried out in accordance with the general Directions given by the Charty Cornmission for Northern Ireland under section 65(91{b) of the Charrties Act. An examinab'on indudes a review of the accounting records kept by the chanty and a comparison of the financ4al 8tatements presented with those r6cord8. It al in¢ludes con8ideTalion ol any unusual itèms OT th'8cIosuTes in the ffinanual ststements and seeking &XplanaOn8 from the Irustees concerning any such matters. The procedure8 undertaken do not provide all the evidence that would be required in an audit and consequenlly no opinion is given as to whether the a(%ounts present a True and fairf view and the report Is Ilmited to thos8 matters Set out In the 8tatement b81ow. In connection with my examinats'on, no matter has comè to my attenlion which gives rne cause lo believe that in, any material respect accounting record8 were not kept in accordance vth 8ecb.on 3e6 of the Companies Act 2006 the financia5 statements do not accord with those accounts'ng record8 the financial ststements have not been prepared in accordance vth the accounting requirements of Section 396 01 the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice apKllcable to charities preparing thelr acUnts in accordance with the Financial Rewrting Standard apF4icable in the UK and Republic of Ireland (FRS102) there is further infoFmation needed for a proper understanding of the accounts to be reached. Ind•p•nd•nt èxamln•r's $tatem•nt I have no Ix)ncems and have come across no other matters in connection yth the examination to which attention should be dIn in this report in order to enable a proper understanding of the financial statements to be reached. John ccleary FCA MCCLEARY & COMPANY LTD Chartered Accountants Garvey Studios 14 Long8tone Street Lisbum Co. Antrim BT28 1TP Date: 27 November 2025
The Journey Church STATEMENT OF FINANCIAL ACTIVITIES Ilnc(wrating an Incane and Exp•nditure Account) for the financial year ended 31 March 2025 Unrestricted Restrl¢ted Funds Funds 2025 2025 Total Unrestricted Restricted Funds Funds Funds 2025 2024 2024 Totsl Funds 2024 N¢)tes Income Donaliorts and legacies Other income 91,834 16,561 34682 130.496 17.472 96.263 9,320 13.053 109,316 10,682 Total Inwm• 108,396 39,573 147,968 105,583 14,415 119,998 Expenditure Charltable activ.08 115,349 34138 149,487 96.728 36,570 133,298 Net Incomel(expendilure) 16,954) 4435 11,519) 8,855 {22.1551 (13,3001 Trartsfer8 belween funds (19.829) 19,829 119,009) 19.009 Net mov•m•nt In funds for th• flnanclal y•aT 121783) 24284 {1,519) (10,154) {3.146) {13,300) Reconciliation ol funds: Total funds betynning of the year 12 846,2S1 651,7 656,405 8.654 665.059 Total funds at the end of th• yur 619.468 30,772 69),240 646,251 5.508 651.759 The Statement of Financial Activiti'es include8 all gain8 and1068e8 recogni8ed in the financial year. All Income and expendrture relate to contsnuing aclivitie8. The notes on pages 11 to 16 fonn part ofthe finala1 statements
The Journey Church Company Number: Nl623623 BALANCE SHEET as at 31 March 2025 2025 2024 Flxed Assets Tangible assets 551,$55 574,833 Current Assets Debtor8 Cash at bank and in hand 80,545 39,870 63,028 15,920 100,415 78.948 Cr•dltors: Amounts falllng du• wllhin one 10 11.730) 12,Ir22) Net Current Assets 98,685 76,928 Total Assets l••s Currnnt Llabllttl 650,240 851,759 Funds Restricted fund8 General fund (unrestrictsd) 30,772 619,468 5,508 646,251 Totsl funds 12 650,240 651.759 These )Inanclal 8tatements have been prepared in accordance viith the speclal provl8ion8 relating to 8mall companie8 lithin Part 15 of the Companies Act 2006. For the financl81 year ended 31 March 2025 the charity wa8 enlltled to ex8mptlon from audit under 8eLtion 477 of the Companie8 Act 20(., and no notsce has been deposited under secbon 478. The trustees confirm that the members have not required the company to obtain an audit of 118 financial ststements for the finanaal year In quests'on in accordance Vlith seellon 476 of the Companies Act 2006. The trustees acknothledge thelr responslbllllles for ensurtng that the charlty keer6 accounting records whlch cOmY ith section 386 and for preparing financial statements which give a true and fair view of the stste of affairs of the charity as at the end of the financial year and of its profit and loss for the financial year in accordance with the requlrements of Geclions 394 and 395 and vthich othevwise comply with the requirements ol the Companiès ALt 2006 relatsng to finan81 statements, so far as Op1(ble tothe charity. Approved by th• Board af Trustees and authorlsed for Issu• on 27 Nov•mber 2025 and slgned on Its behall Matthew John Kennedy Trustee Holly C Trustee rns The notes on pages 11 to 16 fom part ofthe firAncial statements 10
The Journey Church NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 SUMMARY OF SIGNIFICANT ACCOUNTING POUCIES The following accounting policie8 have b8en apred eonsi8t8ndy In deallng item8 which are coniidered material in relation to the charity's finanaal statsments. Basis of preparation The finana81 statements of the ch8ritatle company, which is a put4ic benefit enw under FRS 102, have been prepared on the going concem basis under the historical cost convention. modffied to indude certain items at lair value. The financial 8tatem8nts have been prepared in accordance th the Statemènt of Recommended Practice (SORP) "Accounting and Rep)rting by ChaTitres tKeparing their accounts in accordance with the Financial Rep)rting Standard applicable in the UK and Rewblic of Ireland FRS 102.. Statement of compliance The financial statements of the charity for the financial year ended 31 March 2025 have been prepared on tho going concern basis and in accordance with the Staternent of Recommended Practice ISORP) "Accounting and ReFrf)rting by Charits'es preparing their accounts in accordance with the Financial Reporting Standard appllcablo In the UK and Republic of Ireland FRS 102" Cash Ilow statement The charity has availed of the exempts'on in FRS 102 from Ihe requirement to produce a cash Ilow ststemenl becau80 it 18 Clasfied a8 8 8mall charty. Fund aceountlng The following are the ¢ategories of funds maintained: Restrtcted funds Restricted funds represent inCme received which can only bg used for parb'cular purw)se8, a8 specified by the donors. Such purposes are wthin the overall obj'ectives of the charity. Unrestrkted lunds Unrestricted funds con$i8t of General funds. General funds rèpre8ent amounts whieh 8ra expend8blè at the d18cretion of tho board. in furtheranco of the objecllves of the tharity. Income Income is recognised ty indu8ion in the Statement of Financial Activit'es only when the charity 18 legalty enti11ed to the income. performanc* conditions attached to the item(s) of income have been met, the amounts involved can be measured vath Gufficient reliability and it is probable that the income wll be received by the charity. Expenditure Expendrture is analysed between costs of charitat4e activ.88 and raising fund8. The costs of each activty are separately accumulated and dis¢losed, and analysed according to their major components. Expenditure is recognised when a legal or construct've obligation exists as a result of a past event, a transfer of economic benefits is required in settlement and the amount of the 0Iga.0n can be reliably measured. Support costs are those functior that assist the work of the charity but eannot bè attributed to one activty. Such costs ar• allocated to adivib'es in proporti'on to staff time spent or othel suitable measure for each activity. Tangible fixed assets and depreciation Tangible fixed assets are stated at C08t or at valuab'on, leg8 accumulated depreciation. Thè ch8rge to depreciabon 18 calculated to write off the original cost or valuation of tangible fixed assets, less their ests'mated residual value. over their exCted useful lives as follov•B: Land and buildings freehold Improvement to propety Fixturès. ffttings and equipment Not depreciated 10% on reducing balance 150A on reducing balance 11
continued The Joumey Church NOTES TO THE FINANCIAL STATEMENTS for the financial year ènded 31 March 2025 Debtors Debtors are recogni8ed at the settlement arnounl due after any di8count offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Income recognbsed by the ¢harity from govemrnent agencres and other co-funders. but not yet received al financial year end. 18 indud8d in debtors. Cash at bank and In hand Cash at bank and in hand comprises cash on deposlt at banks requlring less than three months nots'ce of V•ithdrawal. Taxatlon and deferred taxatlon The charity is exempt frorn corporab'on tox on its charitsble aclivitie8. INCOME DONATIONS AND LEGACIES Unrestricted Restricted Funds Funds 2025 2024 Donalions Gift aid Grants 72.181 19,653 23,662 95,843 19.653 15,1)00 91,247 18.069 14000 91,834 38,682 130,496 109,316 OTHER INCOME Unr•stilct¢d Ratii¢t Funds Funds 2025 2024 Other incomo 911 17,472 lo.62 EXPENDITURE CHARITABLE ACTIVITIES Direct Costs other Costs Support Costs 2025 2024 Expenditure on charitable activites Govemance Costs (Note 3.2) 113.095 31845 3,547 145,940 3,547 128.979 4.319 113,095 36,392 149,487 133.298 GOVERNANCE COSTS Dlrect Costs other Costs Support Costs 2025 2024 Charitable aclivth'es - goveman¢e 3.547 3,547 4,319 SUPPORT COSTS Charltable Governance Activities Costs 2025 2024 Office expenses Estsblishment costs Accountancy and legal fees Bank charges Improvements to propety depreiiab'on 1.454 7.518 3,027 7.518 3,547 295 23,578 3,547 4.319 311 25,933 295 23,578 31845 36,392 41,948 12
continued The Journey Church NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 ANALYSIS OF SUPPORT COSTS Basls of Apportionment 2025 2024 Office expenses 100% EstatrAishment cost5 10(YA Accountsncy and legal fees 10(YA Bank charges 10(PA Improvements lo property depreciation10 3.027 8.358 4.319 311 25.933 7,518 3,547 23,578 36,392 41.948 NET INCOME 2025 2024 Net Income Is stated after charglngllcradltlng): Depreciation of tsngible assets 23.SY8 25.933 INVESTMENT AND OTHER INCOME 2025 2024 Other incom8 17,472 10,682 EMPLOYEES AND REMUNERATION Number ol employee5 The average number of persons employed (incluthng executlve trustees) during the financial year was a8 followd.. 2025 Number 2024 Number M8nagement and 8dmln18tratlon The slaff o)8ts cornprlse: 2025 2024 Wages and salarie8 Pension Costs 42.350 355 36,977 42,705 No emOyeeS reixived emoluments in excess of £60,000. 13
continued The Journey Church NOTES TO THE FINANCIAL STATEMENTS for thè financial year ended 31 March 2025 TANGIBLE FIXED ASSETS Land and Improvement Fixluffts. bulldlngs to fittings and freehold property equlpment Total Cost At 1 April 2024 Additions 350,000 326,e59 44,541 300 721.200 300 At 31 March 2025 350.000 326,659 44,841 721.500 Depreciation At 1 April 2024 Charge for the finanaal year 123,404 20,326 22,3 3,252 146.367 23,578 At 31 March 2025 143.730 28,215 169,945 Net book value At 31 March 2025 350,000 182.929 18,626 551.555 At 31 Marc* 2024 350,000 203.255 21,578 574,833 DEBTORS 2025 2024 other debtors Taxab'on and social security costs Prepayments and accrued income 47.412 285 12,868 47.412 15,616 60,545 63,028 10. CREDITORS Amounts falllng du• wlthln on• yur 2025 2024 Other creditors Accruals and deferred incorne.. Pension accrual Other accrual8 115 2.OZ2 1,$75 1,730 2.022 11. RESERVES 2025 2024 At the beginning of the year Defiut for the financial year 651.759 {1.519) 665.059 {13.300) At end of the year 650,240 851.759 14
continued The Journey Church NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 12. FUNDS 12.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted Restricted Funds Funds Total Funds At 1 April 2023 Movemenl durino the financial ya8r 656,405 {10,154) 8,654 13,1461 665,059 (13,3001 At 31 March 2024 Movement during the finanetal year 646,251 (26.783) 5,508 25.264 651,759 (1,519) At 31 March 2025 619.468 30,772 6,240 12.2 ANALYS18 OF MOVEMENTS ON FUNDS Balance 1 Aprll 2024 Income Expondllui• Transfers between funds Balance 31 March 2025 Restrlct¢d fund$ Missionary Projects Elisha18uilding Project) 'nk8 Illuminate Happy Market Days Wovén 15,537 23,125 29.225 2,787 13.688 5,000 1,039 3,660 26,3TI 409 1,551 1.142 698 111 51r2 575 (11 37 5,508 39,573 34,138 19,829 30,Tf2 Unrestrkted funds General 646,251 108.395 115,349 (19,829) 619,468 Tolal funds 651,759 147.968 149,487 6x1.240 12.3 ANALYSIS OF NET ASSETS BY FUND Flxed asset$ - Charlty use CurRnt assets Current Ilabllltles Total Restricted fun 30.772 30,772 Unrestricted general funds 551,555 69,643 11.730 619,468 551.555 100,415 11,730) 8&),240 13. TRUSTEES. REMUNERATION Trustee Remunerats'on During 2025 H Cairns invoiced the Charity £6.030 for support services, (2024 £ril). There were no trustee's expenses pald for the year ended 31 March 2025 for the period ended 31 March 2024. RELATED PARTY TRANSACTIONS The charity is governed by a board of trustees. Related parties include the twstees. persons connected to Ihem and entth'es under the charity's control. During the year, the charity paid for repa'r services amounting to £8,910 from Cawone Homes (Nl) Ltd. Matthew Kenneoy {trustee) Ès a director. The Yrk YRS undertaken on normal commercial terms, and the trustee took no part in the derision to award or approve the cx)ntrad. No amounts were outstanding at the year end. 15
continued The Journey Church NOTES TO THE FINANCIAL STATEMENTS for thè financial year ended 31 March 2025 During the year, tru8tees and companies connected to trustees made unrestricted donations to the charity totalling £6,550. These donations wre made on an unconditional basis. and no goo(È or seNices were prtNided in retum. The charity own8 100•A of tha 8hare caprtal of Happy Day8 {Li8burn) Limited, wh08e principal actlvty 18 Providing soft aY and cafe services. At the year end, the SUdiary owed the charity £47,412 {2024: £47,412) in respect of an intercompany loan. The loan is unse¢ured. interest free and repayatAe on demand. The ¢harity charged Happy Days (Lisburn) Ltd £8,100 for rent during the year. Happy Days (Li8burn) Ltd recharged the charity £3.870 for hosytsiity and event costs. (£1,575 wa8 owod to Happy Days {U8burnl Ltd at tho year end.) Al transactions were conducted on normal commercial term& Apart from the above. there were no other related paty tran8action8 during the year requlrlng disdosure. 1& POST-BALANCE SHEET EVENTS There have been no Significant eveirt8 affecling the Charity nce the financlal y8ar4nd. 16