DERRY BAPTIST FELLOWSHIP Reglstèred Charlty Number: 101124 DERRY BAPTIST FELLOWSHIP RECEIPTS AND PAYMENT ACCOUNT AND STATEMENT OF ASSETS AND LIABILITIES 318t DECEMBER 2024 DERRY BAPTIST FELLOWSHIP Flnanclal ended 31st December 2024 INDEX Page Legal and Adminislrative Infomiation Report of the Board of Trustees Independent Examiner's Report Recelpts and Payments Account Statement of Assets and Liabilities Note8 to the Account Accountlng Policies 10 DERRY BAPTIST FELLOWSHIP Financial ondod 31st Docember 2024 Page 1 Legal and Administrative Information Registsred Charity No: 101124 Addr888: 11 Grove Place Derry Co Londonderry Northern Irland BT48 6JT Tru8tses.' Josh Furan John Quinn James Wilson Independent Examiners: Brenda Peers-Ross 29 Drift Road Selsey West Sussex P020 OPW DERRY BAPTIST FELLOWSHIP Regist8r6d Charity Number 101124 Trustees Annual Report For Flnanclal Year Ended 31•1 December 2024 Page 2 The members of the Board of Trustees of Derry Baptist Fellowship present their report together with Receipts and Payments knounts and Statement of Assets and Liabilities for the year ended 31st DecEmber 2024. Structure, Governance Derry Baptist Fellowship is a registered Charity in Northen Ireland. Trustees are appointed as individuals, but where feasible. wlth representatlon from Trustees are appointed at an AGM, Derry Baplist Fellowship has a Trustee Inductlon Pack to support the induction arKI training of twslees. Inductlon and tralnlng are led by the Chair of the Board of Trustees with the support of tha other trusle8s. Ob}ectlv88 & Activltles and Public Benefit The trust befits the public by the advancing the Christian Failh through providing worship services that are open to thee public and through various forms of outreach, The prevention or relief of poverty, the advancement of education and the advancement of religion. It meets its objective via. Training in leaders. preachers, teachers, ministers and volunteers. Works on projects promoted by the church in areas of benefit. Promotes Christianity. Provides counselling and support. Education and training. Overseas aid and famine relief. Religious activities. Youth Development. DERRY BAPTIST FELLOWSHIP Registsred Gharlty Number 101124 Trustees Annual Report For Financial Year Ended 318t December 2024 Pago 3 TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 REVIEW OF THE YEAR AND FUTURE DEVELOPMENTS: During the year the church organised Mid-week & Sunday services for members & general public. We believe that a number of individuals in our Church have grown in their knowledge of Scripture & in their walk with the Lord. Praise be to the Lord as we report that He once again gave us a record-breaking year. The Holy Spirit drew 291 first time visitors to our church [200 were local], through special & Sunday events. We had people complete our discipleship programme, we gave out an estimated 80k leaflets, we also had more people serving at events. Praise the Lord we had one baptism. We were also very blessed to have an outreach team from Pennsylvania, North Carolina & Illinois. We broadcasted from the church building sermons 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 & comfort too many p80ple. Average attendances in 2024 were again the highest in the history of the church, We have once again been very blessed as servants of Christ in our city through His church. FINANCIAL REVIEW. The Trustee's would like to explain the reason for the higher expenditure in 2024 in regard for Pastoral Stipend is due to a gift voted for at 2024 AGM that were not in 2023 budget, We also had overreached with guest speakers & outreach & we have updated the new budget to address this going forward, The Trustees have considered carefully the future expenditure of the Church for the next twelve months. They believe that the regular giving of friends & 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 & systems have been established to mitigate those risks. THE TRUSTEES The trustees give a true & fair view of the state of affairs of the Churth as at the balance sheet date & of its incoming resources & application of resources, including income & expenditure for not only the financial year but every quarter. DERRY BAPTIST FELLOWSHIP Registered Charity Number 101124 Trustees Annual Report For Financial Year Ended 31•t December 2024 Page 4 Approve by the Trustees on 8th July 2025 and signed on their behalf Treas and Trustee: James Wilson Brenda Paors-Ross 29 Drift Road Selsey Chlchester West Sussex P020 OPW To the Trustees: DERRY BAPTIST FELLOWSHIP Registered Charlty Number: 101124 Page 5 INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS Responslbllltles and basls of report. I have Independently Examined the Financial Statements on Pages 6-10, for the financial year ending 3141 D8cember 2024. Respective responslblllties of charlty trustees and examiner As the charity's trustees, you are responsible fcr the preparations of the accounts in accordan￿ with the requiremenls of the Charilies Act (North8rn Ir8land) 2008. It is my responsibility to: Examine the accounts under 65 of the Chariti8s Act Follow the procedures laid dcwn in the general Directions given by the Commission under section 65(9){b) of the Charities Act State whether particular matters have como to ry attention. BasTs of Independent Examlner's Report I have examined your accounts as required under section 65 of the Charities Acl and my examination was carried out in accordan￿ with the general Directions given by the Charity Commission for Northern Ireland under seclion 65{9)(b) of the Charities Act. My examination included a review of the accounting record8 kept by the charity and a comparison of the accounts presented with those record8. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanation3 from you as charity trustees concerning any such matters. My role is to slate whether any material Matters have come to my attention giving me cause to believe: 1, That the accounting records were not kept in accordance with section 63 of Ihe Charities Act 2. That the accounts do not accord with the accounting records. 3. That the account8 do not cornply with accounting requirements of the Charities Act 4. Thal there is further information needed for a proper un(lerstanding of the accounts to be reach. Independent èxamlner's statement I have completed by examination and have no concems in respect of the matters {1 l to (4) Ilsted above and, in connéctions Wbth following tho Directions of the Charty Commission for Northem ITeland. I have found no matters that require drawing to your attentlon, Brenda Peers-Ross FMAAT ACIE 9° August 2025 DERRY BAPTIST FELLOWSHIP Registered Charity Number. 101124 Page 6 RECEivfs AND PAYMENTS ACCOUNT For the Porlod 31st December 2024 Not•8 Unrestrlctsd Restrlthd 2024 Unrostricte( Rostrlct 2023 Recelptg Donations, offerfngs Misslon givlng Other Income T¢)tsl rpcelpls for the Year 29,620 686 30.306 23,172 23,172 2,204 31,823 2,204 32.609 1,501 24,673 1,501 24.673 686 Payments Charftable actlvltlo8 27,786 28,452 19,749 19,749 Total PayrnentB lor the Year 27,766 686 28,462 19,749 19.749 Not RKolptsllPaym•ntsl 4,067 4,057 4.924 4,924 Total funds brought ft)D￿ard 7.960 83,489 91,449 3,036 83.489 86,525 Totsl fund• corrl•d forward 12,017 83,489 96,606 7,980 83,489 91,449 DERRY BAPTIST FELLOWSHIP RegiSte￿d Charity Number: 101124 Page 7 STATEMENT OF ASSETS AND LIABILITIES For the Perlod 31st D8cernber 2024 AS At 31st December 2024 Unrostrlctsd Rutrlctod 2024 Unrostrlctsi R￿trIcted 2023 Nol•s Assets: Fixed Assets 83 489 83 489 Current A859ts Cash al bank and in hand 4 Dèbtors 12.017 12,017 7,960 12,017 12,017 Llabllltles Creditors other Croditor3'. acwal IE Net Current Assets 12,017 12.017 7,960 7,960 Net Assets 12,017 83,489 96,606 7,960 83,489 91,449 R￿0￿cl11a1lon of Fundi UnroStricledlD081gnatod Re8frrve8 General reseNe Restricted reserve Debtors, Credito[6 12,017 12,017 83.489 7,960 7,980 83,489 83,489 83.489 12,017 83,489 96,506 7,960 83,489 91,449 Presented and approved b and signed on their beh Trustees at a wmmittee meeting held on 8th July 2025, James Wilson Trustee DERRY BAPTIST FELLOWSHIP Registered Charity Number. 101124 Page 8 For the Period 31st Decamber 2024 Unrestrlcted Restrfcted 2024 Unrestrlcte( Restflcted 2023 Note I Charftable Actlvltles Note Z Other Income Other income and designations Inlefest 2,160 2,160 44 2,204 1,493 1,493 2,204 1.501 1.501 Note 3 Charltable ￿t￿ltI?8 Payments . Rent and r4le3 Heal and light Team room and cleanlng Insurance Benevolence Ministry Evonls Pastoral expense6, stipend Office exp8n8e8 Special project and outreach Equipm¢nt and maintenance Guest Speaker Other expenses other expenses and designations 9,128 777 151 1,891 595 1,707 1,215 5,650 9,128 777 151 1,891 SQS 1,707 1,215 5,650 11 1,627 136 1,827 793 680 802 320 680 802 320 400 720 720 1,950 1,950 1,627 138 1,827 107 2,946 27,766 1,183 1,015 1,163 1,015 686 52 52 686 28,452 19,749 19.749 Note 4 Cash at Bank Santander currenl account Santander savings account 6,502 6,502 6,695 9Q5 7,60D 8,695 12,017 12,017 7,600 DERRY BAPTIST FELLOWSHIP NOTES TO THE ACCOUNTS Pagè g For the Period 31st December 2024 Note S Restricted Funds 01.01.24 0￿￿1￿9 8alanca 83.489 83,489 Transfer Incomlng Resources 8otwé•n Rosourc￿ Expended Funds 686 (686) 31.12.24 Closlng 8alan¢e 83.489 83,489 Fixed assets - building 686 Noto 6 Unrèstrleted l De81gnatsd resorves 01.01.24 Openlng Balane• Transfor Incoming Re8ourc88 Between Resourcw Expènded Funds 31.12.24 Closlng Balancè General Reserve 31,823 31.823 7,960 27,766 12.017 Note 7 uitlmate Controlllng Party The charity is under thg direci control of ifs board of Tru8tees, the nam8s of vthom ore shown at the be9inning of the Trustee's Report PRINCIPAL ACCOUNTING POLICIES Pagfrlo FOR THE YEAR ENDED 3141 Docgmbgr 2024 Accounting Pollcies The financial slatements have been prepared under the historical cost conv8ntiDn. Th• Charity 18 8 small ent'ty and produces its accounts in a Receipts and Payment and Statement ofAssels and Liabilities formal. Format Thg Charity has taken advantage of the provisions of th8 Charities Act and pr8sented an income and expenditure account in the form of a Receipts and Payments, and Statement of Assets and Liabilities basis for small enti￿.e5 Fund accountlng General funds are unrestrieted funds which ore Available for use at the discretion of Ihe trustees in furtherance of tho general objectives of the chafity which have not begn de6ignated for other purposes. D08ignated fund8 compri89 unrestricted fund8 that have been set aside by the truslees for particular purposes. The aim and use of each designated fumds is set out in the notes to the financial statèments. Ro8tricl•d fvnds are fijnds which ar8 to b8 used in accordance with specific restrictit)ns imposed by the donor8 or which have been raised by the chanty for particular purposes. Incoming mour¢88 All incomin9 resources are included in the Receipt8 and Payments a￿Unt ￿en received by the charity. Grants are brou9ht into account on a when received. Deferred income represents amounts received for future periods and is released to incoming resources in the period for which it has been received. R•èour¢ei ex￿nded All expenditure is accounted for on an payable basis and ha$ been classified under headings that aggr&Jate 811 costs related to the category. Expenditure is stated inclusive of value added tsx. Tangible fixe(l a65ets and depreciation Depreciation is calculatsd to wrii6 down the cost of all tangible fixed assets by instalments over the expeded useful lives. The period generally applicabie are.. Ccrfnpuler and IT equipment 3￿r 8lraighl line mèthod Intangible incom• Iniangible income, in the fomi of donated faciliiies and vo5unlary help etc.. is not included in the financial statements since it 18 nol considered practicable to quantify such income. Reserves The current reserve policy 18 to maintain sufficient cash flow for knovffl Gommitmenl8, and the replacement of certain a88ets. Not all grantslcourse income are received at the beginning of the fin2neial others Are recejved in arrears. Risk Thè trustees do not beligve lh8 Charty IB subject lo anysubslanlial ri¥k beyond tt￿se disclowy in th8 Annual R8Wrt Bnd Accounts.