DERRY BAPTIST FELLOWSHIP Register8d Charity Numbor= 101124 DERRY BAPTIST FELLOWSHIP RECEIPTS AND PAYMENT ACCOUNT AND STATEMENT OF ASSETS AND LIABILITIES 318t DECEMBER 2023 DERRY BAPTIST FELLOWSHIP Flnanclal ended 31st December 2023 INDEX Page Legal arKI Administrative Inforrnation Report of the Board of Truslees Independent Examinerfs Report Receipts and Payments Accounl Statement of Assets and Llabilities Notes to the Account Accounting Policie8 10 DERRY BAPTIST FELLOWSHIP Financial ended 31st December 2023 Page 1 Legal and Administrative Irbfomiation Reglstered Charity No: 101124 Addros8: 11 Grove Place Derry Northern Irland BT48 6JT Trustees: Josh Furan John Quinn James Wilson Indep8ndent Examiners: Brenda Peers-Ross 29 Drift Road Selsey West Sussex P020 OPW DERRY BAPTIST FELLOWSHIP Reglstered Charity Number 101124 Trustees Annual Report For Financial Year Ended 31st December 2023 Page 2 The members of the Board of Trustees of Derry Baptist Fellowship present their report together with Receipts and Payments Accounts and Statement of Assets and Liabilities for thè year ended 318t December 2023. Structurn. Governance Derry Baplist Followship is a registered Charity in N¢Jrthen Ireland. Trustee8 are appointed as Indlvlduals, but where feasible, with representation from Trustees are appointed at an AGM, Dery Baptist Fellowshlp has a Trustee Induction Pack to support the induction and training of trustees. Induction and training are led by the Chair of the Board of Trustees with the support of the other trustees. ObJectlve8 & Actlvlties and Public Beneflt The trust befits the public by the advancing the Christian Faith through providing worship setvi￿S that are open to thee public and through various foms of outreach. The prevention or relief of povety, the advancement of edU￿tIOn and the advancement of religion. It rneets its objective via. Training in leaders, preachers, teachers, ministers and volunteers. Works on projects promoted by the church in areas of ber￿t. Promotes Christianity, Provides counselling and support. Education and training. Overseas aid and famine relief. Rdigious activrties. Youth Development. DERRY BAPTIST FELLOWSHIP Registered Charity Numbar 101124 Trustees Annual Report For Flnancial Year Ended 31¥t December 2023 Page 3 TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustees present their report and the draft accounts for the year ended 31st De￿mber 2023 on 11th February 2024 REVIEW OF THE YEAR AND FUTURE DEVELOPMENTS During the year the church organised Mid-week & Sunday services at which good teaching enabled members and visitors to evaluate and make changes to their lives to the benefrt of them, their families and the general public. We believe that a number of individuals in our Church have grown in their knowledge of Scripture and in their walk with the Lord. 2023 was the most blessed time of the Lord thus far. The Holy Spirit drew 195 first time visitors to our thurch, many from the city, through special Holiday Bible Clubs and Sunday events. We had one person complete our discipleship programme, we started new ministries with men's & ladies bible studies, we gave out 45k leaflets, we also had more people serving especially in our Holiday bible clubs 20+ volunteers. 2022 was without doubt a wonderful year of growth but the Lord really opened the door of blessings in 2023 to an exceptional year for our church, all glory and honour goes to the Lord. Praise the Lord we had one baptism, and two new members join the church. We were also very blessed to have an outreach teams from Ohio & North Carolina, we also hosted a joint meeting with Carrick Baptist Church and shared our city's spiritual need with them as they helped with outreach. During this time from January 2023, we broadcasted from the church building semons offering hope in Christ. We did studies from the old & new testaments. The Church was able to reach different age groups and interests that provided support and comfort too many people. Attendances in 2023 were the highest in the history of the church smashing all our previous records, along with the Lord working to give us continued growth in sacrificial giving of ts'thes and offerings from our memberslregular attendees. We have once again been very blessed as servants of Christ in our city through His church. DERRY BAPTIST FELLOWSHIP Regi8torod Charity Number 101124 Trustee5 Annual Report For Flnanclal Year Ended 318t Dacembar 2023 Page 4 FINANCIAL REVIEW. The Trustee's would like to explain the reason for the higher expenditure in 2023 this was due to moving into hired hall because our own building was unable to host the growth in attendance this gave us rental costs that were not in 2023 budget. We also gave more gifts of benevolence coupled with more church events which were designed as evangelistiG outreach. The Trustees have considered carefully the future expenditure of the Church for the next twelve months. They believe that the regular giving of friends and members of the Church will continue to at least their current levels & 2024 we may see a rise as the Lord leads His people to be cheerful givers. RISK REVIEW The leadership team has conducted its own review of the major risks to which the charity is exposed, and systems have been established to mitigate those risks. THE TRUSTEES give a true and fair view of the state of affairs of the Church as at the Statement of Assets and Liabilities date and of its incoming resources and application of reSoUr￿s, including income and expenditure for not only the financial year but every quarter. Approved by t rustees on 6th February 2024 and signed on their behalf Treasurer and Trustee., James Wilson Brenda Peers-Ross 29 Drift Road Selsey Chlchastar West Sussex P020 OPW To the Trustees: DERRY BAPTIST FELLOWSHIP Registered Charlty Number: 101124 INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS Responslbllltles and ba818 of reporL I have Independently Examined the Financial Statements on Pages 6-10. for the finandal year ending 31$1 De￿rnber 2023. Respective responsibilitle8 of charity trustees and examiner As the charity's trustees, you are responsible for the preparations of the accounls in accordan￿ with the requirements of the Charilies Act (Northern Ireland) 2008, It 18 my responslbility to: ExaTnina the accounts under 65 of the Charities Act Follow the proCedU￿S la￿￿ down in the general Directions glven by the Commission under section 65(9){b) of the Chanties Act State whether particular Mat￿r9 have come to my attention, Basls of Independént Examlnerfs Report I have examined your accounts as required under 8ection 65 of the Charities Act and my examination was carried out in accordan￿ witti the general Directions given by the Charity Commission for Northem Ireland under section 65(9)(b) of the Charities Act, My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. My role is to State whether any materlal matters have come to my attention giving me Cause to believe.. 1. Thal the accounting records were not kept in accordance with section 63 of the Charities Act 2. That the accounts do not accord with the accounting records. 3. Thal the accounts do not comply with accounting requirement8 of the Charrties Act 4. That there is further information needed for a proper understanding of the accounts to be reach. Indèpendent examlnor's statement I have completed by examination and havè no concems In respect of the matters (1) to (4) listed above and, in connections with following the Directions of the Charity Commission for Northem Ireland, I have found no matters that requlre drawing to your attention, Brenda Peers-Ross FMAAT ACIE Dale.. 28th October 2024 DERRY BAvfisT FELLOWSHIP Registered Charlty Number: 101124 Pago 6 RECEIPTS AND PAYMENTS ACCOUNT For the Perlod 31st D¢¢•mber 2023 Not￿ Unrnstrfctsd Restrlcted 2023 Unroslrlcte( Restrlcted 2022 Recelpts Donations, offeiings Mission giving Other income Totsl recelpts for the YHr 23.172 23,172 12,198 12.198 2,894 2,694 1.501 24,673 2,694 Payments Charitable actlvltlÈs 19,749 19.749 12,358 2.894 15.052 T¢)tal Payments for the Yoar 2,694 Ngt R•colpWIP•yment•i 4,924 4,924 1,021 1,021 Total fund8 brougm fon¥ard 3,036 83,489 86,525 2,015 83,489 85,504 Total funds ¢Jrrl•d torward 83,489 91 83,4 525 DERRY BAPTIST FELLOWSHIP Registered Charity Number: 101124 Pag• 7 STATEMENT OF ASSETS AND LIABILITIES For tho Perlod 31st December 2023 As At 31•t Do¢•mbor 2022 Unrostrlcted Restrlcted 2023 Unrestrlct•( Restrlctèd 2022 Not•$ Fixed Assets 83,48g 83.489 83,489 83,489 Curront A8$0ts Cash at bank and in hand 4 Debtors 7.960 7,960 3,036 3,038 3,036 Llabllltl Creditors.- other Creditors.. accrual IE Net Curr•nt Assots 7,960 7,960 3,036 3,036 N*t A88¢ts 7,960 83,489 91,449 3,036 83,489 86,525 Roconclllallon of Funds UnrestrictedlDe8lgnat8d Rg5gNes General reserve Restricteil resepde Debtors, Credr¢ors 7.9P)D 7.960 83,489 3,036 3.038 83,489 83,489 83,489 7,960 ,038 83,489 86,525 Presented and approved by and signed on their behalf. Truste8s at a committee meeting held on 1 5th October 2024, James Wllson Trustee DERRY BAPTIST FELLOWSHIP R8glstared Charity Number: 101124 Page 8 For the Period 31 st December 2023 Unrestrfcted Restrlcted 2023 Unrestrlctef Restrlded 2022 Note 1 Charitable Actlvltles Mission giving 2.694 2,694 2,694 2,694 Note 2 Other Income Other income and designations Intere8t 1,493 1,493 1.174 1,174 1,501 1,601 1.181 1,181 Note 3 Charltsble Activltlos Payments . Rent and rat88 Heat and light Team room llnd cleaning Insurance Missionary costs Ministy Pastoral expenses, stipend OffiGe exponses Special project and OLrtreaeh Equipment and miintenance Guest speaker Othef expense$ other expenses and designations 6eo 802 320 400 720 680 802 320 400 720 660 1,950 593 772 201 400 399 593 772 201 400 399 1,950 44 1,183 1,015 800 29 67 152 511 29 67 152 511 266 8,168 12,358 1,183 1,015 52 11.943 19,749 52 11,943 19,749 2,894 2,694 10,862 15,05 Note 4 Cash at Bank Santander current account Santander savings account 6,695 1,265 7.960 6,695 1,2eS 7,960 2,131 905 2,131 905 DERRY BAPTIST FELLOWSHIP NOTES TO THE ACCOUNTS Pag• 9 For tho Pariod 31st Oecember 2023 Note S Restrlcted Funds 01.D1.23 Openlng Balanco 83,489 83,489 Transfer Incomlng Resourc￿ Between RosoUrC￿ Expend￿ Funds 31.12.23 Closing Balanee 83.489 83,489 Fixed assets - building Note 6 Unre8trfcted l Dfjslgnatod reservos 01.01.23 Opgnlng Balanco Transfer InGoming Rèjourees Botsoen Rasourcei Expondad Funds 31.12.23 Closlng Balance General Reserve 3,036 24,673 19,749 19,749 7,￿0 7,96 Notè 7 uitlrnat? Controlllng Party The charity 16 under the dirèct control of ivs boafé of Trustees, the namès of vthcm are shown 81 Ihe beginning of the Trustee's Report. DERRY BAPTIST FELLOWSHIP PRINCIPAL ACCOUNTING POLICIES Pag0 10 FOR THE YEAR ENDED 31st Decemb8r 2023 Accountlng Pollcles financial statements have been piepar8d under the historical cost ¢onv8nlion. The Charfty is 8 Small entity and produ¢es its acoounts in a Recelpts and P8yinenl and Statsment of Assets and Llabilities format. Fomiat The Charrty has taken advantsge of the provisions of the Charittes Act and prèsented an Income and exp8nditur8 account In the form of a Recelpts and Payments, and Statsmgnt of Assets and Liabilities basis for small entities Fund accountlng General fund8 8re unrestrirted funds ￿lch are available for use at the di$Gretion of the trustees in furtherance of the general objectives of the charlty whlch have not b8en de3ignat&d for other purposes. Deslgnat8d funds Gomprise unrestrid¢d fvnds that have been set aside by the trustees for particular purposes. The aim and use of each designated funds Is set out In the notes to the financial statements. RestrICt￿ fund• are fund8 vthich are tc be u80d in ac¢ordance wllh speclfic restrictions imposed ty the donors or whlch have been raised by the charity for particular purposes. Incomlng regourcos All incoming resources are Included In the RecAipts and Payment8 account bthen r8ceived by th8 charity. Grants ale brought into account on a when ￿1ved. Deferred IneA)me represents amounts received for future perlod8 and 18 rel88ged to incomlng resources In the period for whlch It ha6 been received. Resources expended All exppnditure bs accountsd for on an payable basis and has been claSsif￿d under headings that aggregate all Costs related to Ihe category. Expenditure is ¥tsted incluslve of Value added tax. Taftglble fixed 89981$ and depreciation Depreciation is calculated lo wrlte down the cost of all tsnglble fixed assets by instalments over Ihe expe¢tsd useful lives. The pertod generally applirAtrlp are.. Building Compulgr and IT equiwi•nl siralght line mothod g1T8ight line method 3 ye8r Intanglble Incomo Intangiblo inc¢)m8. in the form of donated facllMl8s and voluntary help etc., 1$ not included In the financial statsments sinGe it 18 not ￿nSIdered practlcable to quanty such income. Resenies The Gurrent feserrfe policy 1$ to malntaln sufflclent cash flow lor known commltrnents, and the replacement of certain assets. Not all grantslcoursè income 2r8 received at Ihe beginning ofthe financial other6 are received in arrears. Risk The trustee8 do not believe the Charity is subject to any sub8tantlal rlsk teyond those di5dosed in the Annu41 Report and Accourrt5.