Ch41ity Registration No. NIC 101476
Company Registration No. Nl 618382 (Northern lieland)
CHRISTIAN FELLOWSHIP CHURCH
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
PAGES FOR FILING WITH REGISTRAR

CHRISTIAN FELLOWSHIP CHURCH
CONTENTS
Page
Charty reference and admlnistrative delai15
Directors, report
Independent auditorfs report
7-10
Statement ol financial artivitie5
(incorporating the Incomg and Expend51uTe Accounti
11
Balance sheel
12
Statement of cash fiows
13
Notes to the financial statements
14-25

CHRISTIAN FELLOWSHIP CHURCH
LEGAL AND ADMINISTrATIVE INFORMATION
Dlreclors
Ewan Boyle
Neil Gamble
Richard Gardiner
Colin Stewart
John Lander
Operations manager
Aflene McDowell
Charlty number
NIC 101476
Company number
Nl 618382
Registgred office
10 Belmont Road
Belfast
Co Down
BT4 2AN
Independent Audllor
Johnston Kennedy DFK
10 Pilots Vi8W
Registered Audrtors
Heron Road
Bellast
BT3 9LE
Admlnlstratlon address
10 8&lmont Road
Belfast
Co Down
BT4 2AN
Bankers
Ulstèr 8onk
Arches Retail Park
Belfast
BT5 4AF
Sollcllors
Stephen Perrott & Company SOl￿bt0rs
49 High Street
Holywood
Co Down
BT18 9A8

CHRISTIAN FELLOWSHIP CHURCH
DIRECTORS. REPORT (INCLUDING THE STRATEGIC REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2022
The directors have pleasure in presenting their report together wrth the audiled financial statements for the year
ended 31 December 2022. The directors have adopted the provisions ol the Statement of Recommended Practice
ISORP)"Accounting and Rèporting by Charities. IFRS 102) in preparing the annual report and financial statements
of the charity.
Direclors
The following direclo15 have held office since 1 January 2022-.
Ewan Boyle
Neil Gamble
Cclin Stewart
Richard Gardiner
John Lander
Jill 8oyd
(Appointed 12 December 2021, resigned 1 April 20221
Dlrectors, Intere8t8
None of the directors of the company held a beneficial Interest In the assets ol the company
There were no emoluments paid to directors dunng the current year. Dlrgctors did not claim any expenses during
the current year in their capaety as dlre¢tors.
Structure, gov•rnanrx and management
Christian Fellowship Church Is a company Ilmited by guarantee, incorporated on 13 May 2013. and registered with
The Charity Commission for Northern Ireland on 11 March 2014. It is govemed by its Memorandum and Articles of
Assoelation.
Organ15atlonal structure
The company Is not for Pfofrt and limited by guarantee, the liabilty of the members is limited to £1
The organ158tion is governed by rts Elders who meet regularly. Oay-to-day management actwitles are cogTdinatgd
through the Operations Manager and the Operations Team. The Operations Team consists of senior staff members
Appointment5 to the Opeiations Team are approved by the Elder5.
The Elders who seNed in 2022 were..
Jill Boyd
Ewan Boyle
Neil Gamble
Richard Gardiner
Andrew Gibson
John Lander
Arfene McDowell
Kathryn Purcell
Colin Stewart
In line with the policy that no staff elder should be a director of CFC, Jill Boyd resigned Irom her position as director
in 2022. when she was appointéd as Interim Pastor at CFC Inner East.
Neil Gamble Icok a sabbatical break from elder5hip in 2022 and will be returning lo the role in late 2023 or early
2024.
New directors are brieled on their legal obligations undèr charty and company law, the content of the Memorandum
and Articles of Association, the ComM￿ee and decision making process, the operat￿nal plan and recent financlal
position of the chanty. They are free to dtscuss any Issue with other directors or key employees Directors are
encouraged to attend any appropriate external training events where these will facilitate the undertaking of their role

CHRISTIAN FELLOWSHIP CHURCH
DIRECTORS. REPORT IINCLUDING THE STRATEGIC REPORT) (CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2022
Prlncipal Objectivo¥ and actlvltles
Chnstian Fellowship Church is a Christ centred community dedicated lo impacting Belfast, Ireland and the nations
wrth the love of God in the power of the Holy Spirit.
CFC is a group of people from all background5 who are walklng In God's grace and are on a joumey of
transformation with Him.
We believe that God has called us to Impact our cty, our country and the nation5 Wlth the love of Jesus and the
power of the Holy Spirit. This is the foundation fof eve￿hIng we do.
We are passionate about seeing people growing in their relationship with God ar¢d to do thls we meet together every
Sunday to worship God and to experience a relevant and powerful message, which teaches truths from the Bible
and a150 during the week to further develop and explore God's truth for us and our worfd.
These alongsidè courses such as Alpha and the Marriage Course continue to provide opportunities lor individuals to
grow in their faith.
In setting our objectives and plannin9 our activitie5 for the year the direclor5 have glven careful consideration to the
Cherity Commission for Northern Ireland'5 guidance on public bonefrt lo ensure that the activrties have helped to
achieve the charity's purposes and provide a benefil to the beneficialies.
Tha Christian Followship Church uses members of the Church community to provide some ol the seNices above
Any private benefrt received by the members Is puraly Incldental to the purposes ol our work.
Publlc benefit statement
CFC'5 missions statement is "lo be 8 Christ cèntred community dedicated to impading Belfast. Ireland and the
nations with th• lov• of God in tha power ol the Holy Spirrt."
We believe that bringing people into a relationship with Ggd wlll allow them to live the way they V￿re meant to and
that this in turn has an impact on Our society, ¢hildren, relationships, economy elc.
In each of our 5rtes we want to 'be a communlty,, providing a place where people can belong and become who God
intended them to be, and lo 'bless 8 community,, by contributing to the spiritual. Social, economic and physlcal need
of our city, n81ion and beyond.
To do thi5 we run a variety ol programmes and activities that include children's and youth work, community outreach,
food bank, a professionally accredited coun5elling service, support lor parent5 and marrlages, community space
for meetings and overseas development work.
We believe that GDd has called us to impact our city, our country and the natlons wrth the love ol Jesus and the
power of the Holy Spirit. Thi5 15 the foundation for everything we do.

CHRISTIAN FELLOWSHIP CHURCH
DIRECTORS. REPORT (INCLUDING THE STRATEGIC REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Key Developments
2022 was a year that saw the easing of the pandemic restnetions aeross the UK. allowing us to return to relative
normality within CFC Although our media team did a fantastic job of keeping our communrties connected via our
Online seNices for 2 years. as we moved away from online sessions, masks, and social distancin9, rt was so good ID
be able lo meet again in pet50n. and gather in our various congregations. across our 51tes.
It was a year ol rebuilding community and deepening relab'onships wilhln CFC. and a year when we saw members
returning. with new families and individuals joining Lts. Many of the newcomers had watched our services online
dtjring the pandÉmi¢ and already lelt connected tc CFC. At the Exploring Membership evening in June, around 70
people came, wanting to find out morè about becoming mèmbers ol CFC. At the end ofthe year. we were dellghted
to welcome over 1,000 people at the special Christmas Service at East.
One of Our main focuses in 2022 was on Connect Groups. Wè appointed Ryan Karayiannis as Connect Pastor
during the year to strengthen, develop and support our Connect coordinators and leaders across all the srtes, and
provide resources for the groups. Under his leadership we saw the number of Connect groups grow. and the
number of people joining the groups increase too.
In CFC Antnm, the refurbishmant work was finlshed on our newly purchased premises. and the first sunday service
was held in the building in July 2022. As well as providing an èxcellent meeting space for thè CFC congregatlon
every week, the new Antrim building opened its doors to partner with local charities including Oasis Antrim,
foodbanks, and Anliim Council, and also provided a room lor a community advi50r to help people on benef
CFC HOl￿00d saw the appointrnent of a new Pastor In September 2022, Carl Mcmanus Carl took over the fole
from Andrew Gibson. and as he had prévlously seNed on the CFC Holywood's leadership leam. the transrtion was
incredibly smooth Under Carl's leadership CFC Holywood thrived, $0olng an Influx of now famllios and pre4ovHI
ministries restart again.
CFC Inner East continued lo meet in the Ballymac Cenlre throughout 2022. Slte Pastors Leanne and Thomas Todd
took a well.eamed short sabbatical during the year, wrth Jill and Aaron Boyd stepping in temporanly to pastor the
congregation there. The church stayed closaly involved with the local community projects and remained dedlcated
to serving the people living in the surrounding area.
CFC South worked on strenglhening relation5hlps and community ties in 2022, a5 they partnered closely with the
YMCA to reach out into the local neighbourhood They ran Community Fun Days and varlous speclal events and
saw an encouraglng grovAh In both klds and young people attending their weekly programmes.
SLC had been badly impacted by the covid masking restrictions, but they continued to meet during 2022, led by site
PastcrAdam Mccormlck and the ¢gre team member5.
CFC was able to mainlain its connections wrth its Inission pertners throughout 2022 in India, Thailand, Asia and
Portugal, providing financial support and even sending out volunteer teams. Locally CFC partnered Wbth Oasls, CAP,
Alpha. The Larder, Food Banks, Life House. Home Plus. and a local school to name but a lew, as part ol our call to
help people find and follow Jesus In November 2022 our congregations raised an amazin9 £74,000 in the
Compassion Appeal to bless individuals and families In need.
The figures contained in these accounts once again reflect the farthlulness of God and Ihe Incredible ongoino
generosity of the CFC members. This generosity, combined with lower operating costs due to restricted church
aets'viliès. has resull•d in a surplus of fvnds for the year.
Rlsk managemenl
The directors have a risk management strategy that is implemented by the Operations slall and escalated to the
directors as appropriate. this comprises
a regular review of the risks thè company may face-
the establishment of systems and procedures lo manage those risks identified in the plan.. and
the implementation of procedures designed to minimi5e any potential impact on the company should those risks
materiali5e,

CHRISTIAN FELLOWSHIP CHURCH
DIRECTORS, REPORT (INCLUDING THE STRATEGIC REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Flnanclal revlew
The results are set out on pages 11 to 25. Christian Fellowship Church generated a net unrestncted surplus for the
year of £168,12512021'. net unrestricted sU￿1￿S of £264,710) The level of free reserves at 31 December 2022 was
a surplus 01 £145.82212021'. surplus of £315,821),
Investments power and pollcy
Under the Memorandum and Article5 oIA55QClation, the charty has the power to invest its unrestricted fund$ in any
way the Directors consider appropriate. The Directors have operated a policy of ensuring that any re5erye fund5 are
hèld in an Interest bearing account.
Reserves lev•1
The Directors continue to remew and monitor the Teserves ol the Company This encompa55e5 the nature ¢1
Income and expenditure strearrts, the need lo match variable income wilh fixed commstm&nts and the nature of the
reserves To enable the efficlenl and effèctive managèment of the charrty the directois have determined that free
reserves at a level In excess of three months operating costs should be held. At the year end free reseNes
amounted to t145,822 which equates to over 1 rrnnth operatlng Costs Annual budgets are prepared and rmnrtored
on an ongoino basis lo ensure free reserves are managed In line with th15 reserve policy
Plan# for future perlods
After the lifting ol the covid restrictions in 2022, the focus in 2023 is to bring people togèthèr again within all ol our
ongregations and build up our church communities We will continue to 9ather in person, each week, at all ol our
sites, restarting those ministries that were 5U5pended duTOng the pandemlc, and developing new ones
We will continue to invest in our online Sunday seryices. as we endeavour to #ay ¢onnected to 811 the people who
watch regulorly, and we will also partner with local people, communities, charrties and groups In Our neiohbourhoods
and overseas.
The Elders, as always. continue to monitor the church finances to ensure the best use ofour re50urce5.
Employee Involvement
Our staff have once again proved their wonderful value to CFC and thé elty Their sacrifice. commitment, energy,
sdom and love is beautiful to walch We Ihank God for them and for 811 the volunteer5 that make thè mlnistry of
CFC possible.
Relerence and adminigtrallvè detall•
The organisations, details are as disclosed on the company inlomiation pagè.

CHRISTIAN FELLOWSHIP CHURCH
DIRECTORS. REPORT IINCLUDING THE STRATEGIC REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Dlre¢lor5' Responsibilitie5
The directors are responsible for preparing the Directors, Report and the financial 51alements in accordance with
applicable law and regulations.
Company law require5 the directors to prepare financial statements lor each financial year Under that law the
directgfs have elected to prepare the financial 5talements in accordance with Unrted Kingdom Generally A¢cepled
Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors
must not approve the financial statements unless they are satlsfied that they give a true and fair view of the State of
affairs of the company and of the incoming resources and application of resources, Including the income and
expenditure of the company for that period.
In preparing these financial slalements, the direclor5 are required to
select suitable accounting policies and then apply them consislontly.
observe the methods and pnnciples in the Charits'es SORP 2019 IFRS 102).
make judgements and 8ccounting estimates that are reasonable and pnjdent.
stal& whethèr applieablo UK Ae¢ounting Standards have been followed, subject to any matenal departures
disclosed and explained in the financial 5talements-
prepare the financial 5talement5 On the going concem ba515 unle55 It is inappropnate to presume that the company
will continue in operation.
The directors are responsible for keeping adequate accounting records that are suificK?nt to show and explain Ihe
company's transacb'ons and disclose with reasonable accuracy at any time the financial position of the company and
the group and enable them lo ensure Ihal the financial statements comply wrth the Companies Act 2006 They are
also responsible for safeguarding the a55e15 01 Ihe company and hence for taking reasonable steps for the
preventvJn and detection ol fraud and other irregularities.
SLgtement of dlsclosure to the audftor
We, the directors ol the company who held office 81 the date of approval of these Financial Statements. as set out
bove, each confirm so far as we are aware, that..
There Is no relevant audit Information of whlch the corrpiny's audrtors are unaware, and
We have taken all the st8PS that we ought lo have taken as dlrectors In order to make ourselv•$ awar4 01 ony
relevant audrt Information and lo &stobli$h that tho company's audrtors are aware of that infomiation.
Polltical and charilable donallon¥s
During the year the company paid over £134,760 12021 £93.672) lor mission support and the company made
onations lor misslons gifts 01£80.665 <2021. £84.4861 and honoraria amountsng to £17,112 (2021. £13,760) and no
political contributions
Audltors
The auditors, Johnston Kennedy DFK, are deemed to be re-appointed under Section 487 {2) of the Companies Act
2006
On behal
of the board
Ewan Boyle
Director

CHRISTIAN FELLOWSHIP CHURCH
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF CHRISTIAN FELLOWSHIP CHURCH
Oplnlon
We have audited the financial statements ol Christian Fèllowship Church (the 'chanty'l for the year ended 31
December 2022 whlth ¢omprise the statement of financial activities, the balance sheet. the statement of cash fiows
and the notes to the financial ststements, including a summary of Signlficant accounting policies. The financial
reporting framework that has been applied in their preparation 15 applicable law and United Kingdom Accounting
standards. including Financial Reporting Standard 102 The ￿nancIal Roptybng St8ndanY applicable in the UK and
Rapublic of Ireland (United Kingdom Generally Acc8pted Accountin9 Practice).
In our opinion, the financial statements..
give a true and fair view of the 5tste ol the Chantable company's affairs as at 31 December 2022 and of it5
incoming r8sourc85 and appllcation ol resource5, including its income and expenditure. for the year then
ended..
have been properly prepared in accordance wrth United Kingdom Generally Accepted Accounting Pradice..
and
have been prepared in accordance with the requirements ol Ihe Companies Act 2006.
Baslg for oplnion
We conducted our ouéit in accordance wbth Intemational Standards on Auditing IUKI (ISAS IUK}i and applicable
law, Our responsibilities under those standard5 are further de5crlbod in tho Auditor's r•sponsibilili&s for the audit ol
the ffnancial slalèmenls sectlon ol our report. We are independent of the charbty in accordance with the elhical
rèquirements that are relevant to our audit of the financial 5tatement5 in the UK, including the FRC'S Ethical
Standard, and we have fulfilled our other ethical fesponsibllikn'es In accordance with these requirements. We believe
that the audit evidence we have obtained is sufficlent And appropriate to provide a basis for our opinion,
Conclu5k>ns relatlng to golng concern
In auditing the financial slatemenls, we have concluded thatthe directors, use of the going concem basi5 of
accounting in the prèparation of the finoncial statements is appropriate.
Based on the work we have perfomed. we have not identified any material uncertaintie5 relating to event5 or
condilions that, Indwidually or collectively. may cast significant doubt on the charity's ability to ¢onllnuo a$ a going
concern for a period ol at least Iwelve months from when the finan¢ial statements are authonsed for issue
Our responsibilities and the responsibilrties of the directors wrth respect to going concern are dèscribed in the
relevant sections of this report.
other Inlof m3tlon
The diredors are responsible lor the other inlormalion. The otheT informal￿n comprises the inlormation included in
the annual report. other than thè finBncial statements and our auditor's report Ihereon Our opinion on the financial
statements does not cover the other information and. excepl t¢ the extent othe￿1$e eXplic￿Y stated in our report,
we do not express any lorm of assurance conclusion thereon.
In connection with our audit ol the financial state￿nts, our responsibility is to read the other Information and. in
doing so. consider whether the other inforynation is materially Inconsistent wsth the financial 5tatemen15 or our
knowledgè obtained In th& audit or othe￿iSe appears to be materially misstated 11 we idgntily such rnaterial
Inconsistencies or apparent material misstatements, we are required to determine whether there is a material
mi55tatemenl In the financial statements or a material misstatement of the other information If, based on the work
we have performed. we conclude that there 15 a Thwterial mi551alement ol this other information, we are required to
report that fact.
We have nothing to report in this regard.

CHRISTIAN FELLOWSHIP CHURCH
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF CHRISTIAN FELLOWSHIP CHURCH
Oplnions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our audrt-.
the information given in the directors, report, which includes the strategic report prepared for the purposes of
company law for the financial year for which the financial statements are prepared is consistent wth the
financial statements., and
the directors, report included within the Strategic report has been prepared in accordance with applicable
legal requirement5.
Matters on whlch we are requlred to report by exceptlon
In the light of the knowledge and understanding ol the company and rts environment obtained in the course of th&
audit, we have not identified material mis5tatemenls in the Strategic Report and the Directors, Report.
We have nothlng to report in respect of the following matters where the Companies Acl 2006 requires US to report
to you rf. in our opinion..
-adequate accounting records have not been kept. or returns adequate for our audit have not been received., or
-the financial statements are not in agreement wrth the accounting records and returns.. or
-certain di5c105ures of director5, remuneration specified by law are not made, or
e have not received all the infomwtion and explanatsons we require for our audit.
R•spon8lbllitlg1 of dirKlors
As explained more fully in the 5latem&nt of direclor5' responsibilitie5, the director5, who are a150 the truslees of the
charrty for the purpose ol company law, are responsible lor the prèparation of the finanrial statements and lor being
sat15fied thal they gNe a true and fair view, and lor such Internal control as the directors deternine is necessary to
enable the PTep8ration of financial staterr*nls that are Iree trom material misstatement, whether due to fraud or
error.
In preparing Ihe financial slat¢ment$, the directors are responsible for a55e55ing the charity's abllity to contlnue as
a going concem, disclosing, as applicable. matter5 related to going concern and using the going concem basis of
accounting unle55 Ihe directors either intend lo liquidate the charitable company or to cease operations or have no
reallstic atternative but to dD SO,

CHRISTIAN FELLOWSHIP CHURCH
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF CHRISTIAN FELLOWSHIP CHURCH
Audllorfs responslbllltles far the audlt of the flnanclal statements
Our obl8ctives are lo obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatemen( whether due to fraud or error, and to Sssue an auditor's report that Includes our Opin￿n.
Reasonable assurance is a high level of assurance but is not a guarantee that an audbt conducted In accordance
wrth ISAS (UK) will always detect a material misstatement when it exists. Mi5stalement5 can arise from fraud or
e￿0[ and are considered material if, individually or in the aggregate, they could reasonably be expected to
influence the economic decisions of users taken on the basis ol these financial statements
Irregularrties. including fraud, are instances ol non4ompliance with law5 and regulations We design procedures in
line with our responsibilrties. outlined above, to detect malenal misstatements in respect of Irregularrti?s. Including
fraud. The exlent to which our procedures are capable of detecting irregularities, including fraud is detailed below..
the nature ofthe industy and sector. control environmenl and performance,.
results of our enquiries ol managèment about their own identification and assessment of thè n"$ks of
irregularities:
any matter5 we identified having obtained and reviewed the charitable company's documentation of their
policies and procedures relating to..
identifying, evaluating and complying with laws and regulations and whether they were aware ol
any instane8s of non-compliance.,
detecting and responding to thè risks ol fraud and whether they have knowledge of any actual,
Suspected or alleged fraud:
the Internal controls established to mitigate risks of fraud or non-compliance with laws and
regulation5',
the matters discussed among the audit engagement team and relevant intèrnal specialists whèro
necessary regarding how and where fraud might occur in the financial statements and any potential
indicators ol fraud.
As a result ol these Pfocedufes, we considered the opportunities and incentives that may exist within the
organisation for Iraud. In common with all audrts under ISAS IUKI, we are also required to perfomi specific
procedures to respond to the risk of management override.
We also gbtjlned an underntanding olthe legal and regulatory frameworks that the charitable company operates in,
focusing on provisions of those laws and regulatlons that had a dlrect effecl on the delermination ol material
amounts and disclosures in the finarscial staternenls The key laws and regulations we considered in thls context
included the Companies Act 2006, the Charrties Act (Northem Ireland) 2008 and Taxation Legislation.
In addition we considered provisions of other laws and regulations that do not have 8 direct effect on Ihe financial
stalempnts but compliance with vthich may be fundamental to the chantable company's ability to operale or to
avoid a matenal penalty
As a result of performing the above our procedures to respond to risks idenlified included the following:
reviewng the financial statement disclosures and lestin9 to supporting documentation to asSa$$
compliance with provisions of relevant law5 and regulations described as having a direct effect on the
rinanGial 518tements.
enquiring of management concerning actual and potential lOtOgatson and claims
performing analytical procedures to identify any unusual or unexpected rélationships that may indicaté
risks of material misstatement due to fraud.
reading minutes of mèetings of those Charged with governance and reviewing co￿esPOndence with
HMRC',and
In addressing the nsk of fraud through managefflenl override of controls, testing the appropriateness ol
journal entrie5 and other adjustments. assessing whether the judgements mad8 in making accounting
estimates are Indicative ol a potents.al bias. and evaluating the business rationale ol any significant
transactions that are unusual or outside the normal course of business
We also communicat&d relevant Identified laws and regulations and polential fraud ri5k5 to all ongagement team
members. including internal specialist5. and remained alert to any indications of fraud or non-coMpl￿nCe with laws
and regulations throughout th8 audit.
A further descriptlon ol our responsibilrties 15 available on the Financial Reporting Council's web5rte at.. https 11
w frc org.ukJauditorsresponsibilities, This descnption foms part of our auditor's reporL

CHRISTIAN FELLOWSHIP CHURCH
INDEPENDENT AUDITOR'S REPORT ICONTINUED)
TO THE MEMBERS OF CHRISTIAN FELLOWSHIP CHURCH
This report is made solely lo Ihe charity members, as a body, In accordance wrth Chapler 3 of Part 16 of the
Companies Act 2006. Our audit work has been undertaken so that we might state to the charty members those
Matttr￿ we are required lo state to them In an audrtorf5 report and for no other purp05e. To the fullest extent
permitted by law, we do nol accept or assume responsibility to anyone other than the charrty and the ch8rty
mèmber5 as a body, lor our audit work, for this report, or for the opinions we havé formed.
James Gage (Senlor Stalutory Audltor)
for and on behalf of Johnston Kennedy DFK
statutory Audltor
Chartered Accountants
Reglstered Auditors
10 Pllots Vlew
Heron Road
Belfast
8T3 gLE
Date: ..V!1/1/.s•*J
10-

CHRISTIAN FELLOWSHIP CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2022
Unrestr]cted Restrlcted
fvnds
funds
Total
2022
Total
2021
Notes
Income and endowments from:
Donations and legacies
Charitable activities
Other trading actNrties
Investmen15
Olher income
1,009,965
42.327
411
28.096
260,308 1,270 273 1.228,869
323
42.650
20,087
411
28.096
2.400
21,109
90,737
2,400
Totsl incoming fesour¢e$
1,080,799
263,031
1,343.830 1,360,802
ndlture on:
Raising funds
Charitable aclivrties
21,398
891,276
5.880
343,039
27,278
29,808
1,234,315 1,074,958
10
Total rèsources expended
912.674
348,919
1,261,593 1.104,786
Nel gains1(lossesl on investments
14
112.269
112.289
Transfer between funds
20&21
{97.653}
97,653
Net movement In funds
70,472
124,034
194.506
256,036
Fund balancès at 1 J•nuary 2022
2.044.799
852.628 2.897,427 2,441,391
Fund balance5 at 31 D￿¢M￿r 2022
20&21
2,115.271
776,662 2,891,933 2,697,427
Contlnulng Operatlon¥
The slatement of financial actbvltie5 has been prepared on the b8si5 that 811 operations are continuing operations
Comparatlves
The Gornparative arr￿UnIS by lund5 have been di5clo5ed in notes 2 & 3
Total recogn15ed galns and losses
There are no recognised gains and losses other than those passing through the Statement of Financial Acts'vities
Hlstorlcal cost
The results as disclosed in the Statement of Financial Ackn'vities and the net incoming resources for the year have
been presented on an historical c05t basis.
The notes on pages 14 to 25 form part of these financial statements
11

CHRISTIAN FELLOWSHIP CHURCH
BALANCE SHEET
AS AT 31 DECEMBER 2022
2022
2021
Notes
Flxed assets
Tangible assets
Investment properbes
15
16
2.304.585
680,000
1,799,554
567,731
2.984.585
2,367,285
Current assets
Debtors
Cash at bank and in hand
17
45,250
312,249
31.047
475,388
357,499
$06.435
Credltors: amounts falllng due wlthln
one year
18
{117,5851
{61,5581
Net current assets
239,914
444,877
Total assets less current Ilabllltles
3.224,499
2,812,162
Credltors: amounts falllng due after
more than one year
19
1332,5681
1114,7351
Net as8et8
2,891,933
2,697,427
Income fund$
Restricted funds
Unrestricted lunds
20
21
776,662
2,115,271
852 628
2,D44.799
22
2.891,933
2,697.427
The financial statements were approved by the Directots and authorised lor issue on 3rfTr/x•33.. and signed on
its behall
Ewan Boyle
Dlrector
Rich
Dlre
d Gardlner
or
Company Registratlon No. Nl 618382
Charlty Reglstratlon No. NIC 101476
The notes on pages 14 to 25 form part of these financlal statements
12-

CHRISTIAN FELLOWSHIP CHURCH
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2022
2022
2021
Note¥
Cash flows from operating activitles
Cash generated from operations
27
45,829
280,485
Investing activities
Purchase of tangible fixed assets
Income from investments
(539.278)
28,096
{221,1411
21,109
Nftt cash used In Investlng actlvltles
1511,182)
{200,0321
Financlng actlvities
Proceeds ol new bank108nS
Repayment of bank loans
283.703
(31,4891
117,745)
Net cash generated fronbl{used Inl
financlng actlvitles
252.214
{17,7451
Net Idecreaselllncrease In cash and cash
equlvalents
1163.1391
62,708
Cash and cash equlvalènts at beginning of year
475,388
412,680
Cash and cash equlvalents at end olyear
312.249
475,388
13-

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
Accountlng pollc6es
Charlty Inforniation
Christian Fellowship Church is a private company limited by guarantee incorporaled in Northem Ireland The
registered office and principal office is 10 Belmont Road, Belfast, Co Down, BT4 2AN The nature of the
charty's operations and principal activities are gwen in the directors, report on page 3 01 these financial
statements.
1.1 Accountlng convèntlon
The charity constitutes a public benefit entty as defined by FRS 102. Th¢ financial 5taternents have been
prepared in accordance with Accounting and Reporting by Charities.. Statement ol Recommended Practice
applicable lo charities pieparing their accounts in accordanca wrth the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 102) (second edition
October 20191, the Financial
Reporting Stand8rd applicable in the Unrted Klngdom and Republic of Ireland IFRS 1021, the Charitie5 Act
(Northem Ireland) 2008, the Companies Act 2006 and UK Generally Accepted Practice as it applies from 1
January 2019.
The financial statements are preparèd In sterling, which is the lunctional currency of the chanty Monetsry
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention.
The significant accounting polScles applied in the preparation ol these financial statements are set out below
These policies have been conststently applied to all years presénted unless otherwise slated
1.2 Income and expendftuT•
Income is recognised when the charity 15 legally entitled to it after any performance cond￿10n5 have been met.
the amount5 can be measured reliably, and it 15 probable that income will be received.
All expenditure is accounted lor on an accruals basis and has been classified under headings that aggregate
all costs r8lated to the category. The majonty tsf cost5 are directly attributable to charrtable adivitie5. ￿ere
costs cannot be directly attributed to particular headings they have been allocated to charitable actwities on
basis con5iStenl with use of the resource5. Staff costs and overhead expenses are allocaled to actmties on
the basis of staff tsme spent on those adivities
1.3 Support Costs
Suppcrt ¢0St5 are those functions that assist the work of the charity but do not directly represent charrtable
activities Support CQ515 include back office costs. finance. human re50urce5, payroll and governance costs
which 5UPPOrt the charity's aclwities. These costs have been allocat&d against the expenditure on charitable
8Ctwitles
14-

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2022
Accountlng pollcles
(Contlnued)
1.4 Fund Accountlng
The ¢harrty has different types of funds lor which rt is responsible, and which require separate disclosure
These are as follows
lal Restricted funds - Funding received which can orly be used for 8 $pecifi¢ purpos• as determined by the
funder Such purp05e5 are within Ihe overall aims of the organisalion and are set out in the notes to the
financk11 ststements
Ibl Unrestricted fvnds- Funds which are expend8t￿e at the discretion of the directors in the furtheranc8 of the
objectives of the charty. In additson the funds may be held In order to finance capitsl investrnent and working
capltal.
1.5 Tanglble fixed assets
Tangible fixed assets are stated at Cost less depiéciation Deprecialon is provided at rates calculated to wrrte
off the c05t le55 estimated residual value of each a55el over rt5 expecled u5elul Ilfe. as lollows
FL%tures and equlpment
Tenants Improvernent
Property
20% Stralght line
20% Stralyht line
Not depreclated
1.6 Leaslng
Rentals payable under operatlng leases are charged against Income on a stralght line b8515 over the lease
tem.
1.7 Investment properties
Investment property wh￿h Is propety held to earn renta15 andlor lor capital appreciation, 15 initially
recognisèd at cost, which includes the purchase cost and any directly attributable expendilure. Subsequently
it is measured at fair value at the reporting end dale. Th8 surplus or d&ficit on rèvaluation is recognised In
profit or loss
1.8 Flnanclal In8trument$
The charity has elected to apply the provisions of Section 11 'Basic Financial Instntments. and Section 12
'Other Financial Instnjments Issues, of FRS 10210 all of rts financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charty becomes party to the
conttaclual provlsion5 of the in51wrnent.
Financial assets and liabilities are offset, wrth the net amounts prèsented in the financial statements, when
there Is a legally enforceable right to sel off the recognised amounts and there 15 an intention to settle on a
net basis or to realise the asset and settle the liabitsty simultaneously
Basic Ilnanclal assets
Basic financial assets, which include deblors and cash and bank balances, are initially measured qt
transaction pric& Including transaction costs and are subsequently carried al arnrtised cost using the
effective interest method unless the arrangement constitutes a financing transaction, where the Iransa¢tion is
measured at the present value of the future receipts dlscounted at a market rate of interest. Financial a55els
classified as receivable wrthin one year are not amotts-sed.
15-

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Accountlng pollcles
Icontinue(l)
Baslc financlal Ilabilitias
8851¢ financial liabilities. including creditors and bank loans are inilially recogni5ed at Iransaction price unless
the arrangement constitute5 a financing transaction. where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilth'es classifièd as payabl8
wsthln one year are not amortised
Debt Instrument5 are subsequently carried at amurt15ed cost, Using the effective interest rate method
Trade creditors are oblig8tions lo pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts P8yable are classified as currènt liabilities if payment is due within C>n•
year or less. 11 not. they are presented as non4uffenl Ilabilltie5. Trade creditors are recognised initially at
transaction price and subsèquenlly measured at arrnrtised c05t Using the effective Interest method.
1,9 Pensions
The company operates a defined contribution pension scheme. Pension contributions in r•sp&ct of the
scheme for employees are charged to the profft and loss account as they become payable in accordance wrth
the rules of the scheme. The assets are held separately from those ol the company in an independently
administered fund. Dlfferences be*￿eeTr the amounts charged in the income and expendilure account and
payment5 made to pension funds are treated as a65els or liabilities.
1.10 Taxatlon
The company 15 a regtslered charity and is not Iwble to lax on funds generated from activrties within tha scope
ol tho Charrtable exemptions.

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
statement of Flnanclal Actlvltles: Unrestrlcted funds
2022
2021
Notes
Income and endowments from:
Donations and legacies
Income from charitable activities
Other trading activitias
Income from investments
Olher income
1,009,965
42,327
411
28,096
986.543
19,086
21,109
55,737
Total Incomlng resources
1,080,799
1,082,475
Expendlture on:
Raising funds
Charitable acllvrtles
21,398
891,276
24,279
793,486
R¢sour¢?s expended
912.674
817,765
Net galn6 on Investments
14
Incomlng resources before transfer8
188,125
264,710
Transfer be￿een funds
197,6531
(74,3801
Net movement In funds
70,472
190,330
Reconclllatlon ol funds:
Total funds brought forward
2,044,799
1,854,469
Total funds Carrled forward
2.115.271
2.044.799
17.

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2022
statement of Financial Activitles: Restrlcted funds
Notes
2022
2021
Income and gndowments from:
Donations and legacies
Charitable activIt￿5
Other income
260.308
323
2.400
242.326
1,001
35,000
Total incomlng resources
263.031
278,327
Expenditure on:
Raising funds
Charitable actiwties
5,880
343,039
5,529
281,472
Tolal resources expended
348,919
287,001
Net outgolng re8ource8 hfore transfers
185.8881
(8.6741
Net gains on invgstm•nts
112,269
Transfer between funds
97,653
74,380
Net Incomlnglloutgolng) resources
124,034
65.706
Reconclllatlon of lunds..
Tolal fund5 brought fe￿ard
652 628
586,922
Total funds carrled forward
776,662
652,628
Donatlons and legacles
Unrestrlcted Reslrlcted
funds
funds
Totsl
2022
Total
2021
Offerings
Gift Aid
Appeals and mlssional support
845.627
164.338
13,520
34.524
212.264
859,147
198,862
212,264
874.297
196,295
158,277
1,009.965
260,308
1,270,273
1.228.869
18-

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Charilable activities
Unrestrlcted Restrlcted
funds
funds
Total
2022
Total
2021
Fees and contributions
42.327
323
42,650
20,087
42.327
323
42,650
20,087
Other tradlng actlvltles
Unrestrlcted Restrlcted
funds
funds
Total
2022
Total
2021
Mer¢handise Contribution
411
411
Income from Investments
Unr•strlcted R•strlcted
lunds
funds
Total
2022
Total
2021
Rent and room hlre
Bank interest
28 038
58
28,038
58
21,090
19
28.096
28,096
21,109
19.

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Other income
Unrestrlcted Restrlcted
funds
funds
Total
2022
Tetal
2021
Insurance income
Government furlough support
Income recovered
Grant income
11,485
42,733
1,519
35,000
2,400
2,400
2.400
2.400
90,737
Insurance income Is monles receNed from Insurance company in relation to a clalm lor property damage.
Government luflough sUPPOrt is monles due under the Coronavlnjs Job Retentlon Scheme for the year
Income recovered relates to monles fecelved lo recover lost Income
Grant ￿com8 relates to monies due in the perlod Irom fundlng bodb5
Expendlture on raising funds
Unreslrkted Restrlcted
funds
funds
Total
2022
Total
2021
Propèrty management expense5
Property loan interest
21,398
21.398
5,880
24,279
5,529
5,880
21.398
5,880
27,278
29,808
10 Expendlture on charitable aGtlvltles
Unrestrlcted
funds
Restrlcted
funds
Total
2022
Total
2021
Activrty costs
Support Costs
759.006
132.270
341,766
1,273
1,100,772
133.543
952,927
122,031
891.276
343.039
1,234,315
1.074,958

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
11 Net Incomlng resources
2022
2021
Operating surplu5 IS stated aftef chargingllcredrtingl
Depreciation of tangible assets
Operating lease rentals
Auditors, remuneration
34,247
2,412
1,430
31.830
2016
1.350
12 Employees
Number of employees
The average monthly number ol full and part time employees during the year was
2022
Number
2021
Number
24
24
Employm•nl costs
2022
2021
Wagos and salarie5
Social securty cost5
Other pension c05t5
Oiher employee benefits
538.467
46,329
18,323
6,404
522,835
39,088
19,257
5,584
609,S23
586,764
13 Dlrectors, Temuneration
No dlrectors received any remuneratlon or were reimbursed expendlture from the charity during the year In
their capacity as directors
14 Net galnsl(1085es) on investments
ReBtrlcted
funds
Total
2022
2021
Revaluation of Investment propertie5
112,269
21

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
15 Tangible fixed assets
Property
Tenants Flxlures and
Impfovements
equ*ment
Total
Cost
At 1 January 2022
Additions
1,710,128
514.693
82,021
425,426
24,585
2.217,575
539.278
At 31 Decembor 2022
2,224,821
82,021
450,011
2,756,853
Depreclatlon and Impalrment
Al 1 January 2022
Depreciation charged in the year
61,821
5,553
356,200
28.694
418,021
34.247
At 31 December 2022
67,374
384.894
452,268
Carrylng amount
At 31 December 2022
2,224,821
14.647
65,117
2,304,585
At 31 oe￿rnber 2021
1,710,128
20,200
69,228
1,799,554
16 Inve$tment property
2022
Falr value
At 1 January 2022
Net gains or losses through lair value adjustments
587,731
112,269
At 31 December 2022
680.000
Investment propoty compris95 501gly of buildings The falr value ol the investment properties is not doemed
to be materially different than the net book valu&.
17 Debtors
2022
2021
Amounts falllng due withln one year:
Actbvily deblo
Other debtors
Prepayments and accrued income
8,553
23,044
13.653
1,610
17.836
11,601
45,250
31,047
-22-

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2022
18 Credltors: amounts falllng due wlthln one year
2022
2021
Bank loans
Other taxation and Social security
Operating credrtor5
other credrtofs
Accruals and deferred incomè
52.128
89
25,371
700
39.297
17.745
5.742
14.4g4
700
22.877
117,585
61,558
The company's propety loans are secured by a legal charge over the properties at 179, 181. 183. 185 & 187
Holywood Road, Belfast, the company'5 Inlerest In 2 Lough Road Antrim and a debenture
19 Credltors: amounts falllng due after more than one year
2022
2021
Bank loans
332.566
114,735
Analysls of loans
Repayable after 5 year5
Wholly repayable within 5 years
Included in current Iiabilthes
83,187
301,507
152,1281
132.480
117,7451
332,566
114,735
20 Reslrlcted Income funds
Balance at 1
January
2022
Incomlng Resources
resource5
expended
Trnnsfers Net galn on
Investments
Balance at 31
December 2022
Bulldlngs
Acts42Day
Missional
Vision 20 20
435,250
24,653
191,660
1,065
400
18,663
243,968
{5.880)
116241)
(326,425)
1373)
23.953
112,269
565,992
27.075
182,903
692
73.700
652,828
263,031
{348.919)
97.653
112,269
776,662
The transfer to building fund trom unrestncted lunds relates to propety loan repayments made trom rent
received and an amount ol fund propety additions.
The directors transferred £73,700 from general funds to support the missional activities of the church.
The net gain on investments of £112.269 relates to the unrealised gain on investment lor properties
23-

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
21 Unrestricted Income fund5
Balance at 1
January 2022
Incoming
resources
Resources
expended
Transfers
Balance at 31
December 2022
Unrestrided funds
2.044.799
1.080,799
1912,6741
197,6531
2.115,271
22 Analysls of net asset5 between fund8
Tanglble Net current
Flxed assets
assets
Total
2022
Total
2021
Restrlcted Ineome fund5
Buildin95
Acts42Day
Missional
Vi8lon 20.20
565,992
585,992
27,075
182,903
692
435.250
24,653
191.660
1,065
27,075
119,146
63,757
692
630.441
146,221
776,662
652.628
Unrestrlcled Income lunds
Designated funds
Free reserves
1,969,449
1,969,449 1,728,978
145,822
315,821
145,822
1,969,449
145,822
2,115,271 2.044,799
2,599,890
292,043
2,891,933 2,697.427
23 Flnanclal cemmltments
The company had no financi¥l commrtments a5 at 31 December 2022 and at 31 December 2021.
24 Capltal commltmonts
2022
2021
At 31 December 2022 the charrty had capital commrtments as follows.
Contracted for but not provided in the financlal statements.
Acquisition of propety. planl and equipment
26,960
25 Non*?udSt service provlslon
In common wilh Many other charities of our size and nature we use our auditors to assisl with the preparation
of the financial ststements.
.24-

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Company Status
The company Is a company limited by guaranteè and does not have share caprtal.
Cash generated from operation5
2022
2021
SurP￿s for the year
194,506
256.036
Adiu5tmen15 for.,
Investment income recognised in statémènt of financial aetivrties
Fair value gains and losses on investment properties
Oeprgciats'on and impaiment of tangible fixed assets
128.0961
1112,2691
34,247
121.1091
31.630
Movernents In working capital..
Ilncrèa$evd•crease In debtors
Increaselldecreasel In credilar$
114,203)
21,644
17,060
13, 1321
Cash generated from operatlons
95,829
280,485
28 Analysis of changes In net debl
At 1 J•nuAry
2022
Cash flows At 31 D•c¥mlJ•r
2022
Cash at bank and In hand
475.388
1163.139)
312,249
Loans falling due within one year
Loans lalling due after mora than on• yaar
(17.745}
{114.7351
134.3831
1217,8311
152,1281
(332.5661
342,908
1415,3531
(72.4451
-25-