Charity Reglstration No. NIC 101476
Company Regislration No. Nl 618382 {North•m Iraland)
CHRISTIAN FELLOWSHIP CHURCH
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

CHRISTIAN FELLOWSHIP CHURCH
CONTENTS
Page
Chanty reference and administrative delails
Directors, report
Independent audilorfs report
7-10
Slalernenl of financial activities
(incorporating the Income and Expenditure Account)
11
Balance sheet
12
Slalemenl ol cash flows
13
Noles lo the financial slalements

CHRISTIAN FELLOWSHIP CHURCH
LEGALAND ADMINISTRATIVE INFORMATION
Dlrectors
Jill Boyd
Ewan Boyle
Paul Francis
Ri¢hard Gardiner
John Lander
Alison Robinson
Colin Stewart
Operatlons manager
Arlene McDowell
Charlty number
NIC 101478
Company number
Nl 618382
Reglgtered offlce
10 Belmont Road
Bellast
Co Down
BT4 2AN
Indep•ndont Auditor
Johnston Kennedy DFK
10 Pilots View
Registered Audilors
Heron Road
Belfast
BT3 9LE
Admlnlatratlon addre88
10 Belmont Road
Belfast
Co Down
8T4 2AN
8anker8
Ulster Bank
Arches Retail Park
Belfast
BT5 4AF
Solicltor8
Slephen Perrott & Company Solicitors
49 High Street
Holywood
Co Down
BT18 9AB

CHRISTIAN FELLOWSHIP CHURCH
DIRECTORS. REPORT (INCLUDING THE STRATEGIC REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
The directors have pleasure in presenting their report logelher with the audited financial statements for the year
ended 31 December 2024 The direclofs have adopted Ihe provlslons of Ihe Slatemenl ol Recommended Practice
ISORPI "Accounting and Reporting by Charllles (FRS 102) in preparing the annual report and financial statements
of the charity.
Directors
The following directors have held office Since 1 January 2024.
Jill Boyd
Ewan Boyle
Paul Francis
Neil Gamble
Richard Gardiner
John Lander
Alison Robinson
Colin Stewart
(Appointed 1 April 2024)
(Appointed 1 April 2024)
IRe&gned 31 July 20241
(Appointed l April 2024)
Dlrectors. Interests
None of the directors of the company held a beneficial interest In Ihe assets of Ihe company.
There were no emolumen15 paid lo drreclors during the current year. Diieclors did not Claim any expenses during
Ihe current yèar in Iheir Gapacily as directors
stru¢ture, governance and management
Chnslian Fellowship Church Is a company limited by guarantee, Incorporated on 13 May 2013 and registered wilh
The Charity Commission for Northern Ireland on 11 March 2014. 11 is governed by ils Memorandum and Artides of
A550cialion.
Organlsationgl structure
The company is not lor profil andlimiled by guarantee, the liability ol Ihe members is limited lo £1
The organisalion is governed by its Elders who meet regularly. Day-lo-day managemenl activities afe coordinated
through the Operalions Manager and Ihe Operalions Team. The Operalions Team consisls of senior staff members.
Appointments lo the Operations Team arè approved by Ihe Elders.
The Elders who served in 2024 were.
Jill Boyd
Ewan Boyle
Richard Gardiner
Andfew Gibson
John Lander
Arlene MGDowell
Kathryn Purcell
Colin Stewart
Ruth Wallace
Alison Robinson
Paul Francis
Neil Gamble look a sabbalical break from Eldership and will relurn in 2025.
New directors are briefed on their legal oblig8lions under charity and company law. the content of ihe Memorandum
and Articles of Assoualion. Ihe commillee and decision making process, Ihe operational plan and recenl financial
posilion of the charily. They are free lo discuss any issue with other directors or key employees Directors are
encouraged lo attend any appropriate exlernal Iraining events where these will facililale Ihe undertaking of their role.

CHRISTIAN FELLOWSHIP CHURCH
DIRECTORS, REPORT (INCLUDING THE STRATEGIC REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Prlnclpal Objectlves and actlvltles
Christian Fellowship Church is a Christ centred community dedicated to impacting Belfast, Ireland and the nations
with tha love of God in the power of the Holy Spirit.
CFC is a group of people from all baGkgrounds who are walking in God's grace and are on a journey of
transfom)ation with Him.
We believe that God h89 called us to impa¢l our cily. our country and Ihe nations with the love of Jesus and the
power of the Holy Spirit. This is the foundation for everything we do.
We are passionale about seeing people growing in their relationship with God and to do this we m88t log8ther every
Sunday to worship God and lo experience a relevant and powerful message, which teaches truths from the Bible
and also midweek to further develop and explore God's truth for us and our world.
These gatherings, alongside courses such as Alpha and the Marri89e Course. continue lo provide opportunities for
individuals to grow in their faith.
In setting our objectives and planning our activities for the year the directors have given careful consideralion to Ihe
Charity Commission for Northern Ireland's guidance on public benefit to ensure Ihat Ihe acliviti8s have helped to
achieve the Gharitys purposes and provide a benefit lo the beneficiaries.
The Christian Fellowship Church uses members of the Church community lo provide some of the sepiices above.
Any private benefil received by the members is purely incidental to the purposes of our work.
Publlc bonefit statement
CFC'S missions statement is "lo be a Christ cenlred communlty dedlcated lo impacting 8elfasL Ireland and Ihe
nations with the love of God in the power of the Holy Spirit."
We believe that bringing people into a relalionship with God will allow Ihem lo live the way Ihey were meant to and
that this in lurn has an impact on our society. children. relationships. economy etc.
In Èach of our sile$ we want lo 'be a communily,, providing a place where people can belong and b￿orne who God
intended Ihem lo be. and lo 'bless a ¢ommunily', by contributing lo Ihe spiritual, social, economic and physical need
of our ¢ily, nation and beyond.
To do Ihis we run a vafiety of progr8mmes and activities Ihal include children's and youth work. community outreach,
fotjd bank. a professionally accredited ¢ounselling service, support for parents and marriages. community space
lor meetings and overseas development work.
We believe Ihat God has called us lo impact our ¢rty, our couniry and the nations wilh the love of Jesus and the
power of the Holy s￿rIt. This is Ihe foundation for everything we do

CHRISTIAN FELLOWSHIP CHURCH
DIRECTORS, REPORT (INCLUDING THE STRATEGIC REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Key Developments
2024 was a year Ihal saw the continued development and slrenglhening of our CFC sites. and the deepening ol
kin9dom-focussed partnerships with other churches in Northern Ireland.11 was also a year when we saw many new
families and individuals join our congregations, making CFC their home. Around 73 people came to our Exploring
Membership evening in June. wanting lo find out more about church membership, and we had baptism Se￿1￿$ at
all our CFC locations during the year Andrew Gibson. as Senior Paslor, spenl lime al each ol our CFC siles.
gelling lo know the people al each one, who together make up Ihe CFC church family. As well as our wonderful
Easter and Chrislmas events, a highlight in 2024 was seeing so many people from CFC head to the NUA
Conference logelher, for a fanlaslic weekend of fellowship and teaching with olher Christians.
One of our main focuses in 2024, across all our CFC communities. was investing Into Connect Groups. With
dedicated Connect Co-ordinators, commilled Connèct Leaders, great fesources and cenlral support provided, the
Connect groups flourished and grew during the year. and the number of people attending them also increased.
In 2024, CFC was able lo continue lo work Ils oversees mission partnerships and strengthen ils ¢onneclions in
India. Thailand, and Asia. They did this Ihrough providing financial support and sending out volunteer teams. Al a
local level CFC worked with CAP, Alpha. The Larder Food Banks, Life House, Home Plus, Starling Collective, East
Belfast Mission, and a local school lo name bul a few. as part of our call lo help people find and follow Jesus. The
2024 Compassion Appeal saw our congregalions donale a slaggering £150.000 in the Compassion Appeal lo bless
individuals and families in need.
CFC East coniinued lo be the largest of our church communilies, hosting 4 services on Sundays, as well as SLC
gatherings and broadcasting the main service live each week, Both youth and kids. number5 increased substantially
during the year. with many coming from Ihe local neighbourhood lo the weekly events.
In CFC Anlrim. the congregation continued lo experience sleady growth in all areas. The church building itself also
was kept busy. 11 was used during weekdays by local groups and charities and provided a space for a Counselling
service and a community advisor. lo help people on benefits. Relalionships were strengihened with other churches
in the local area too during the year.
CFC Holywood also conlinued lo Ihrive In 2024. wilh more Conne¢l groups and new people coming along on
Sundays. They ran iegular discipleship groups during Ihe yeaf, £s well as joined In with seasonal events along with
other local churches. They enjoyed an Increase In the number of kids and youth allending each week. The ¢103e
relationship with Holywood Family Trusl continued,
CFC Inner East celebrated their 7th Birthday in 2024. 11 was a great opportunity lo look back and see all the
incredible things God had done in their midst. As the summer came. CFC Inner Easl found Itself needing a new
place lo gather each week. After the generous help from Crown Jesus and other local churches il was able lo find
a new home in Ihe Templemore Avenue Baths. The church slayed closely involved wilh Ihe local community projects
and remained dedicated lo serving the people living in Ihe surrounding area.
CFC South continued lo partner closely wilh Ihe YMCA Ihroughoul 2024. to reach out into the local neighbourhood.
They ran a Parents and Toddlers group a Youth Club and a Kid's C5ub each week. They also ran Commur#ly Fun
Days and hosled various special events Ihroughoul the year. In December, Laura Bell resigned from her position as
sile pastor of South, as she was moving to a new role in Causeway Vineyard Rachel Tweedle was apponted as the
new CFC South Pastor in her stead. The church Is incredibly thankful to all that Laura has sown into the church over
the years and we pray God's blessings on her move.
Daniel Voss completed his firsl full year as SLC pastor In 2024. The congregalion conlinued lo meet at CFC and
flourished under his care and leadership,
The figures contained in these accounts once again reflect the faithfulness of Gt)d and the Incredible ongoing
generosity of the CFC members. This genefosily combined with careful and prayerful stewardship has resulted in
an increase in donalions lo the church and a surplus of funds for the year.

CHRISTIAN FELLOWSHIP CHURCH
DIRECTORS. REPORT {INCLUDING THE STRATEGIC REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Rl8k management
The dir8clors have a risk management strategy that is implemented by the Operations sl8ff and escdated lo the
directors as appropriate, Ihis comprises..
a regular review of the risks Ihe company may fa￿.
the eslablishrnenl of systems and procedures lo manage those risks identified in the plan; and
Ihe implementation of procedures designed to minimise any potential impact on the company should thosè risks
materialise.
Flnanclal revlew
The resulls are set out on pages 11 to 25. Christian Fellowship Church generaled a net unrestricled surplus for the
year of £153,571 from which £85.823 was transferred to Missional funds and £28.522 to Building ffijnd (2023.. nel
unrestricted surplus of £137.670). The level of free reserves at 31 D8C8mber 2024 was a surplus of £162,294 {2023.'
surplus of £131,444).
Investment8 power and pollcy
Under thè Memorandum and Arttdes ofAss¢xiation. the charity has the power to invest ils unreslricled funds In any
way the Directors consider appropriate. The Directors have operated a policy of ensuring that any reserve funds are
held in an interest bearing account.
Re8eNe8 level
The Directors continue to review and monitor the reseNe$ of the Company. This encompasses the nature of
income and expenditure streams, the need to malch variable income with fixed commilmenls and the nature of Ihe
reserves. To enable the efficient and effective management of the charity the directors have determined that free
reserves at 8 level in excess ol three months operatin9 costs should be held. At the year end free reserves
amounted lo £162,294 which equates to over 1 month operating costs Annual budgets are prepared and monitored
on an ongoing basis to ensure free reseNes are managed in line wilh this reseNe policy.
Plans for future perlods
The focus in 2025 is to continue to bring people together within all of our congregations and build up godly
relationships within our church family. We will Continue lo gather in person, each week, at all of (￿r siles. serving in
the different ministries and encouraging one anolher to grow in our faith. We also hope to begin to plant a new site
in the Comber area.
We will continue to invest in our online Sunday seNices. as we endeavour lo slay connected lo all Ihe people who
watch regularly. and we will also partner with local people. Communities, ¢h8rities and groups in our neighbourhoods
and overseas.
The Elders. as always, Gontinue lo monitor the thurch finances lo ensure Ihe best use of our resources.
Employee Involvement
Our slaff have once again proved their wonderful value lo CFC and the cily. Their sacrifi￿. commitment, energy.
wisdorn and love is beautiful lo watch, We Ihank Gtxl for them and for all the volunteers Ihal make the ministry of
CFC possible.
Reference and admlnl8tratlve (leta118
The organisalions, delails are as disdosed on the company information page.

CHRISTIAN FELLOWSHIP CHURCH
DIRECTORS. REPORT (INCLUDING THE STRATEGIC REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Dlrector5' Re8ponsibilities
The directors are responsible for preparing the Dlreclor5' Report and the financial slalements in accordance with
applicable law and regulations
Cornpany law requires the difeclors to prepare financial slalemenls for each financial year. Under ihal law the
directors have elected lo prepare Ihe financial slalemenls In accordance with United Kingdom GerÈrally Accepted
Accounting Practice Iuniled Kingdom Accounting Standards and applicable law) Under company law the directors
must not approve Ihe financial slalemen15 unless they are satisfied that they 9ive a true and fair view of the slate of
affairs ol the company and of the Incoming resources and application of resources, Including Ihe income and
expendilure of the company for that period.
In preparlng Ihese financial slalemenls, the directors are required lo
select suilable accounling policies and then apply them consistently.
observe the melhods and principles in the Charities SORP 2019 IFRS 102).
make judgements and accounting eslimales Ihal are reasonable and Pfudenl.
stale whether applicable UK Accounting Standards have bèen followed. subject lo any material departures
disclosed and explained in the financial slalements.
prepare the financial slalemenls on the going concern basis unless il Is inappropriate lo presume Ihal Ihe company
will conlinue in operation.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the
company's transactions and disclose with reasonable accuracy al any Ilme the financial position of the company and
the group and enable Ihem lo ensure Ihal the financial slalernents comply with the Companies Ad 2CM)6, They are
also responsible for saleguarding Ihe assets of the Company and hence for taking rèasonable steps for the
prevention and detection of fraud and other irregularities.
Statement of disclosure to the audltor
We, the directors of the company who held office at the dale of approval of these Financial Slalemenls, 88 sel oul
above. each confirm so far as we are aware, that,.
There Is no relevant audil Inlormation of which the company's auditors are unaware.. and
We have taken all the sleps Ihal we ought lo have laken as directors in order lo make ourselves a￿dre of any
relevant audit Information and lo eslablish that the company's audilors are aware of that information.
Polltlcal and charitable donatlons
During the year the company paid over £147,054 12023.. £88,854) for mission support and the company made
donalions for missions gifts of £84,064 12023,, £80,273) and honoraria amounling to £20,015 {2023.. £17.7811 and
no political conlribulions
Audllors
The auditors, Johnslon Kennedy DFK. are deemed to be re-appoinled under Section 487 (21 of the Companies Act
201￿.
On beha
Ewan Boyle
Dlrector
Date: .......

CHRISTIAN FELLOWSHIP CHURCH
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF CHRISTIAN FELLOWSHIP CHURCH
Opinion
We have audiled the financial statements of Christian Fellowship Church (the 'charity') for the year ended 31
December 2024 which comprise the stalemenl of financial activities. the balance sheet, the statement of cash flow$
and the noles lo the financial statements. including a summary of signifi¢anl accounting policies. The financial
reporting framework that has been applied in their preparation is applicable law and Uniled Kingdom Accounting
Standards, including Financial Reporting Slandard 102 Th8 Fin8ncial Reporting Standard applicable in Ihe UK and
Republic of Ir81and (Uniled Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial stalements:
give a true and fair view of the stale of Ihe chafltable company's affairs as at 31 December 2024 and of ils
incoming resources and application of resources. induding its income and expenditure, for the year then
ended:
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice.,
and
have been Prepared in accordance with the requirements of Ihe Companies Acl 2006.
Ba$1$ for oplnion
We ￿ndUCted our audil in accordance with Inlernalional Standards on Auditing (UK) (ISA$ (UK)) and applicable
law. Our responsibilities under those standards are further described in the Auditors respon&bililies lor Ihe audil ol
Ihe financial slatements section of our report. We are independent of the charity in arKordan¢e with the elhical
requirernenls Ihal are relevant lo our audit of the financial statements in the UK. including the FRC'S Ethical
Stsndard, and we have lulfilled our other ethical responsibilities in accordance with these requirements. We believe
that the audit evidence we have oblained is sufficient and appropriale lo provide a basis for our opinion.
Conclu81on8 relatlng to golng Concern
In auditing the financial slatemenls, we haveconcluded that the directors, use ¢f the going ¢oncem basis of
accounting in the preparation of Ihe financial statements is appropriate.
Based on the work we have performed, we have not identified any malerial uncertainties relating to events or
conditions that, individualty or collectively, may cast significanl doubl on the charily's ability lo continue as a going
concern for a period of al least hvelve months from when the financial statements are authorised for issue.
Our responsibilities and the r88ponsibilities of Ihe directors With respect to going concern are described in the
relevant sections of this report.
Other inforniation
The directors are responsible for the other information. The other information comprises Ihe informalion included in
the annual report, olher Ihan the financial slalemenls and our auditor's report Ihereon. Our opinion on Ihe financial
slalements does not cover the other information and, except to the exlenl otherwise explicilly staled in our report.
we do nol express any fofm of assurance conclusion Ihereon.
In ¢onne¢lion wilh our audit of the financial statements, our responsibility is to read the other information and, in
doing so. consider whether the other information is malerially inconsislent wilh the financial stalemenls or our
knowledge obtained in Ihe audrt or olheThvise appears lo be materially misstated. If we identify suth rnalerial
in¢onsistencies or apparent material misslalemenls, we ar8 required lo delem)ine whelher Ihere is a rnalerial
misslalement in the financial statements or a material misslalement ol the olher information. If. based on Ihe work
we have performed, we condude Ihat there is a malerial misstatement of this other information. we are required to
report that fact.
We have nothing lo report in this regard.

CHRISTIAN FELLOWSHIP CHURCH
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF CHRISTIAN FELLOWSHIP CHURCH
Opinions on other mattèrs prescrlbed by the Companles Act 20Q6
In our opinion, based on Ihe work undertaken in the course of our audit..
the information given in Ihe directors, report. which includes the slrate9ic reporl prepared for the purposes of
company law, for the financial year for which Ihe financial slalemenls are prepared is consislenl with the
financial stalemenls.. and
the directors, report induded wilhin the Strategic report has been prepared in accordance wilh applicable
legal requiremenls
Matter8 on which wo are ￿qUIred to report by exception
In the lighl of Ihe knowledge and understandin9 of the company and its environment oblained in the course of the
audit. we havè not identified malerial misstaternenls in the Strategic Reporl and the Directors, Report.
We have nolhing to report in respect of the following mallers where the Companies Act 2006 requires us lo reporf
lo you if. in our opinion,
-adequate accounling fecords have not been kept, or returns adequate for our audil have not been received.. or
-the flnarncial sl8lemenls are not in agreement with the accounting records and returns., or
-certain disclosure5 of direclors, remuneralion specified by law are not made,. or
-we have not received all the informalion and explanalions we require for our audit.
Responsibilities of dlrectors
As explained more fully in the slalemenl of directors, responsibilities, the direclors, who are also the trvslees of Ihe
Charity for the purpose of company law, are responsible for Ihe preparation of the financial statements and for being
satisfied that Ihey give a true and fair view, and for such inlernal control as the direclors determine is necessary lo
enable the preparation of financial slalefflenls that are free from material misslalemenl, whelher due lo fraud or
error
In preparing the financial slalemenls. the directors are fesponsible for assessing the ¢harlly's abilily lo continue as
a going concern. disclosing as applicable. mallers relaled lo going concern and using Ihe go￿ng Concern basis ol
accounting unless the directors either intend lo liquidale the charitable company or lo cease operalions, or have no
realistic allernalive bul lo do so

CHRISTIAN FELLOWSHIP CHURCH
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF CHRISTIAN FELLOWSHIP CHURCH
Auditor's re8pon8ibllltle8 for the audlt of the flnancial statements
Our objectives are lo obtain reason8b18 assurance about whether the financial statements as a whole are free Irom
malerial misstalemenl, whether due lo fraud or error, and lo issue an auditor's report Ihal includes our opinion.
Reasonable assurance is a high level of assurance bul is not a guarantee Ihal an audil conducted in accordance
with ISAS (UK) will always delect a material misslalement when il exisls. Misstatements can arise from fraud or
error and are considered material if. individually or in the aggregate. they could reasonably be expected lo
influence the economic decisions of users taken on the ba$is of these financial statemenls.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in
line with our responsibilities. outlined above. lo delect malerial misstatements in respect of irregularilies, including
fraud. Th8 8Xt8nl lo which our procedures are capable of delecting irregularilies. including fraud is delailod below..
the nature of the industry and seclor, ¢ontrol environment and performance.,
results of our enquiries ol management aboul their own identification and assessment of the risks of
irregulaTilies'.
any matters we idenlified having obtained and ieviewed the charitable (x)mpany's docufflenlalion of Iheir
poliaes and procedures relating to..
idenlifying. evaluating and complying wilh laws and regulations and whether they were aware ol
any inslances of non-compliance.,
deteding and responding to Ihe risks of fraud and whether they have knowledge of any aclual,
suspected or alleged fraud.,
the internal controls established lo mitigate risks ol fraud or non•compliance with laws and
regulations.,
the mallers discussed among the audil engagement team and relevant internal specialists where
necessary regardin9 how and where fraud might o¢¢ur in Ihe financial statements and any potential
indicators of fraud.
As a result of these procedures, we considered the ¢)PPOrtunitie$ and incentives that may exist wrthin Ihe
organisalion for fraud. In common with all audits under ISA$ (UK). we are also required to perform specific
procedures to respond lo the risk of management override.
We also obtained an und8rslanding of the legal and regulatory frameworks Ihal the charilable company operates in,
focusing on provisions of those 18ws and regulations that had a dir8Ct effect on the determination of materi81
amounls and disclosures in Ihe financial statements. The key laws and regulations we considered in Ihis context
Included the Companies Act 2006, the Charities Acl {Northern Ireland) 2008 and Taxation Legislation.
In addition, we considèred provisions of other laws and regulations that do not have a direct eff￿1 on the financial
slalements but ¢omplian¢e with which may be lundamental lo the charitable company's ability to operate or to
avoid a material penally.
As a result of performing the above our piocedures to respond lo risks identified included Ihe following..
reviewing the financial slalernenl disclosures and testing to supportin9 documentation lo assess
compliance with provisions of relevant laws and regulation$ de$cribed as having a direct effect on the
rinancial slalements:
enquiring of management concerning actual and polenlial liligalion and claims
perfoiming analytical procedures lo identify any unusual or unexpected relalionships Ihal may indicate
risks of material misstatemenl due to fraud.,
reading minutes of meetings of those Charged with governance and reviewing correspondence with
HMRC.'and
in addressing the risk of fraud through management override of controls, lestin9 Ihe appropriatene55 01
journal entries and other adjustments-, assessing whelher Ihe judgements made in making a¢counting
estimate5 are indicative of a potential bias- and evaluating the business ralionale of any significant
transactions that are unusual or outside the normal course of business.
We also comrnunicated relevant identified laws and regulations and potential fraud risks to all engagement team
members, including internal specialists, and remained alert to any indications of fraud or noTrcompliance with laws
and regulations Ihroughout the audit.
A further description of our responsibilities is available on the Financial Reporting Council's website al: httPS.'II
www.frc.org.uklaudilorsresponsibililies. This description forms parl of our auditor's report.

CHRISTIAN FELLOWSHIP CHURCH
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF CHRISTIAN FELLOWSHIP CHURCH
Thls report is made solely lo Ihe charily members, as a body, in accordance with Chapter 3 of Part 16 of the
Companies Act 2CK)6 Our audit work has been undertaken so thal we might slate lo the charity membeis Ih03e
matters we are required lo slate to them in an audilor's report and for no other purpose. To Ihe fullest exlenl
permilled by law. we do not accept or assume responsibility lo anyone other than the charity and the charity
members as a body for our audit Wofk. for this report, or for the opinions we have fomied.
James Gage (Senlor Statutory Auditor)
for and on behalf of Johnston Kennedy DFK
Statutory Audltor
Chartered Accountants
Reglstered Auditors
10 Pllots Vlew
Horon Roafl
B?Ifast
BT3 9LE
Date..
10-

CHRISTIAN FELLOWSHIP CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted Regtrlcted
fund8
funds
Total
2024
Total
2023
Notes
Donations and le9acies
Charitable aclivilies
Other trading aclivities
Investments
Other income
1,137,561
50,005
303,917
401
1,441,478 1.263,906
50,408
47,596
188
29,398
9,530
44,810
44.810
4.576
4.576
Total in¢oming r••our¢
1,232,376
308,894
1,541,270 1.350,618
Raising funds
Charitable aclivities
11,011
1,067,794
7,524
0,746
18,535
29,069
1,428,540 1,285,148
10
Total re8ourc•s expended
1,078.805
368.270
1.447.075 1.314,215
Transfer beiween funds
19&20
1114,345)
114,345
Net movement in fund8
39.226
54,969
94,195
36.403
Fund balances al 1 Jantsary 2024
2,144,860
783,476 2,928,336 2,891,933
Fund balances at 31 De¢ember 2024
19&20
2.184,086
838,445
3,022.531 2,928,336
Contlnulng Oporatlons
The statement of financial actlvitles has been prepared on the basls that all operalions are conlinulng operations
Comparatlve8
The comparative amounts by funds have been disclosed in notes 2 & 3.
Total recognised gains and losses
There are no fecognised gains and losses other than those passing through the Statement of Financial Activities.
Hlstorical cosl
The resulls as disclosed in the Slalemenl of Financial Activities and the nel incoming resour￿$ fcy the year have
been presented on an historical cost basi5.
The notes on pages 14 to 25 form part of these financial statemenls
11

CHRISTIAN FELLOWSHIP CHURCH
BALANCE SHEET
AS A T 31 DECEMBER 2024
2024
2023
Notes
Fixed assets
Tangible assets
Inveslrnenl properties
14
1S
2,311,363
680,000
2.322.571
680.¢)JO
2.991,363
3.002.571
Current assets
Debtors
Cash al bank and in hand
16
54 251
336 449
57.669
292.093
390.700
349.762
Croditors.. amounts falling due wlthln
one year
17
(97,475)
(120.235)
Nel current assets
293.225
229,527
Total assets less Current Ilabllllles
3,284,588
3,232.098
Creditors: amounts falling due after
more than one year
18
1262,057)
<303.7621
Net assets
3.022,531
2,928.336
Incomo funds
Reslficled funds
Unreslricled funds
19
20
838,445
2.184,086
783,476
2,144.860
21
3.022.531
2.928,336
The financial slalemenls were approved by the Directors and aulhorised for Issue on
rts behal
by
and signed on
Ewan Boyle
Director
Rich
Direct
Gardiner
Company Reglstratlon No. Nl 618382
Charity Registratlon No. NIC 101476
The notes on pages 14 to 25 form part of these financial staternents
12-

CHRISTIAN FELLOWSHIP CHURCH
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Note8
Cash flow8 from operatlng activities
Cash generated from operations
26
61,783
42,681
Invesling a¢tivi11è8
Purchase of tangible fixed assets
Income from inveslments
(20.461)
44.810
(52,486)
29,398
Net eash generated fromllused in)
Inve8tlng actlvltlos
24.349
(23,088)
Flnanclng actlvltle8
Repayment of bank loans
(41.776>
<39,749)
Net cash u•ed In flnanclng activiti•8
(41,776)
(39,749)
N•t Incr•a$olldacrea80} In cash and cash
equlvalents
44,356
<20,156)
Cash and cash equiv8lenls al beginning of year
292,093
312,249
Cash and cash •quivalent8 at end of year
336,449
292.093
13.

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies
Charity information
Christian Fellowship Church is a private company limited by guarantee incorporaled in Northern Irèland. The
regislered oiTice and principal office is 10 Belmont Road, Belfasl, Co Down, BT4 2AN. The nature of the
charity's operations and principal activities are given in the directors, report on page 3 01 these financial
slatemenls,
1.1 Accounting convention
The charily c¢Jnslilules a public benefit enlily as defined by FRS 102. The financial statemenls have been
prepared in accordance with Accounling and Reporting by Charities.. Slalemenl of Recommended Practice
applicable lo charilEs pfeparing their accounts in accordance with Ihe Financial Reporting Slandard
applicable In the UK and Republic of Ireland IFRS 102) (second edition
October 2019), the Financial
Reporling Standard applicabl& in Ihe United Kingdom and Republic of Ireland IFRS 1021. the Charities Act
{Norihern Ireland) 2008, the Companies Acl 2006 and UK Generally Accepted Practice as il applies from 1
January 2019
The financial slalemenls are prepared in sterling. which is the functional currency of Ihe GharSly. Monetary
amounts in Ihe5e financial slalements are rounded lo the nearesl £.
The financial slalemenls have been prepared under the hislorical cost Convention
The significant accounting policias applied in the preparation of Ihese financial slalemenls are sel out below.
These policies have been consistently applied lo all years presented unless otherwise staled,
1.2 Income and expenditure
Income is recognised when Ihe charily is legally enlilled lo il after any performance conditions have been met.
the amounts can be measured reliably. and it is probable that income will be received.
All 8xpendilure is accounted for on an accruals basis and has been classified under headings that aggregate
all costs relaled lo the category. The majority of cosls are directly allribulable lo charitable activities. Where
osls cannot be diiectly allribuled lo parlicular headings they have been allocated lo charitable activities on
basis consislenl with use of the resources. Slaff costs and overhead expenses are allocated lo activities on
the basis of slaff lime spent on those aclivilies.
1,3 Support Costs
Support costs are those functions Ihal assist Ihe work of the charity bul do not directly represenl charilable
aclivilies. Support cosls include back office cosls, finance. human resources, payroll and governance costs
which support the charily's aclivilies. These Costs have been allocated against the expenditure on charitable
aclivilies.
14

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pollcles
(Contlnuedl
1.4 Fund Accounting
The charily has different types of funds for which il is responsible, and which require separate disclosure.
These are as follows..
(a) Restricted funds - Funding received which can only be used for a specific purpose as determined by the
funder. Such purposes are within the overall aims of the organisation and are sel out in the notes to the
financial statements.
{b) Unrestricted funds - Funds which are expendable al the discretion of the directors in the furtherance of the
objectives of the charrty. In addilion Ihe funds may be held in older lo finance capilal inveslment and working
¢aprtal.
1.5 Tanglble flxed assets
Tangible fixed asse15 are slaled al cost less deprecialSon. Depreclalion Is provlded al rates ¢al¢ulaled to wrlle
off the cost lèss eslimaled residual value of 8ach asset OV8r ils expected useful life, as follows,.
Fixtures and equipment
Tenants Improvement
Property
20Yo Straighl line
20Vo Straight line
Not depreciated
1.6 Leaslng
Rentals payable under operating leases are charged a9alnsl Income on a straigm line basis over the lease
lerm
1.7 Investment propertles
Inveslnienl property, which is propety held lo earn renlals andlor for ¢apbtal apprecialion, Is initially
recognised al cost, which includes the purchase ¢031 and any directly attributable expendilvre. Sub*quenily
il is measured at fair value al the reporting end date. The surplus or deficit on revaluallon Is recognised in
profit or loss.
1.8 Financial in$lruments
The charity has elected to apply the provisions of Section 11 '8asic Financial Instruments. and Section 12
'Olher Financial Inslfumenls Issues, of FRS 102 lo all of its financial inslrumenls.
Financial inslrumenls are recognised in the ¢harily's balance sheel when the charity becomes party to the
contraclual provisions of the instrument.
Financial assets and liabilities are offset. with the net amounts presented in the financial statements. when
there is a legally enforoeable right lo sel off the re￿gnised amounts and there is an intention lo settle on a
nel basis or to rèalise the asset and seltle the liability simultaneously.
8asi¢ linancial assets
Basic financial assets, which include debtors and cash and bank balances, are Initially measufed at
transaction price induding transaclion costs and are subsequently carried al amortised cost using the
effeclive interest method unless the arrangement constitutes a financing Iransaction. where the Iransaction is
measured al the presenl value of the future receipis discounted al a maTkel rate of inleresl Financial assets
classified as receivable wilhin one year are not amortised.
15-

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policle8
(Continued)
Basic financial liabilltles
Basic financial liabilities, including creditors and bank loans are initially recognised al Iransaclion price unless
the arran9ement conslilules a financing transaction. where the debt instrument is measured al the present
value of the future payments discounted al a rnarkel rate of Interest Financial liabilities classified as payable
within one year are nol amortised.
Debt inslruments are subsequently carried al amortised cost, using the effective interest rale melh¢XI.
Trade creditors are obligations lo pay for g¢)ods or serVI￿S that have been acquired in the ordinary course of
operations from suppliers. Amounls payable are classified as current liabilities if payment is due within one
year or less. If not, Ihey are presenled as non-cuirenl Iiabililies Trade credilors are recognised initially al
Iransaclion price and subsequently measured al amortised cost using the effedive inleresl melhod.
1.9 Pensions
The company operates a defined contribution pension scheme Pension contributions in respecl of the
scheme for employees are charged lo Ihe profil and loss account as they become payable in accordance with
the rules of Ihe scheme. The assets are held sepaialely from those of the company in an independently
administered fund Differences belween the amounts charged in the income and expenditure accounl and
paymenls made lo pension funds are treated as assels or Iiabililies
1.10 Taxation
The company Is a registered charity and Is nol liable lo tax on funds generaled from aclivilies within the scope
of Ihe charitable exemptions
16

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Statement of Flnanclal Actlvltles: Unrestrlcted funds
2024
2023
Notes
Income and endowment8 frorn:
Donations and legacies
Income from charitable activilies
Other trading acti¥ilies
Income from investment5
Other incorne
1.137.561
50,005
1.051,326
45,947
44,810
29.398
5.730
Total Incomln9 re80urcè•
1,232,376
1.132,589
Expendlture on:
Raising funds
Charilable activities
11,011
1 ,067,794
20,620
974,299
Resources expend•d
1.078,805
994,919
Ineomlng regourceg before tran•lern
153.571
137,670
Transfer betwe8n fund8
(114.345)
(108,081)
Net movement in lund8
39,226
29,589
Ro¢on¢iliation of lund*:
Total funds brought forward
2,144,860
2.115,271
Total funds carrled forward
2.184.086
2,144.860
17

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2024
ststement of Financial Activities: R8Strlcted funds
Notes
2024
2023
Income and endowments from..
Donations and legacies
Charilable activities
Other income
303.917
401
4,576
212,580
1.649
3,800
Total inGomlng resources
308,894
218.029
Expendlture on..
Raising funds
Charitable activities
7.524
360,746
8,449
310,847
Total resources expended
368.270
319.296
Net outgoing resources before transfer$
159,3761
{101,2671
Transfer between funds
114.345
108,081
Net incomlngl(outgolngl resources
54 969
6814
Reconclllation of funds:
Total funds broughl foNard
783.476
776,662
Total lunds caryied lorward
838.445
783,476
Donatlons and legacies
Unrestricted Rostri¢ted
funds
funds
Total
2024
Total
2023
Offerings
Gift Aid
Appeals and mis510nal support
949.470
188.091
28 229
32 180
243.508
977,699
220.271
243,508
884,989
194.136
184.781
1,137.561
303.917
1,441,478
1,283.906
18-

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Charitable activities
Unrestrlcted Regtrlcted
fund8
funds
Total
2024
Total
2023
Fees and contributions
50.005
401
50,406
47,596
50.005
401
50,406
47.596
Other tradlng actlvitie•
Unrestrlcted Re8trlcted
funds
fund8
Total
2024
Total
2023
Merchandise contribution
188
Income from Inve8trnent8
Unrestrlcted Re8trlcted
fund8
funds
Total
2024
Total
2023
Rent 8nd room hi
Bank interest
42,356
2,454
42,356
2,454
27,675
1,723
44.810
44,810
29,398
Other Incom•
Unregtricted Restrlcted
funds
funds
Total
2024
Total
2023
Insurance income
Grant income
5,730
3.800
4.576
4,576
4.576
4,576
9.530
Insuran￿ income Is rnonies received from insurance Company in relation to a claim for property damage,
Grant income relates to monies due in the period from funding bodies.
19-

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Expenditure on raising funds
Unrestricted Restricled
funds
funds
Total
2024
Total
2023
Property management expenses
Property loan Inleresl
11.011
11.011
7.524
20,620
8,449
7,524
11,011
7524
18,535
29,069
l O Expenditure on charitable a¢tlvltles
Unrestricted
funds
Restrlcted
funds
Total
2024
Total
2023
Aclivily costs
Support costs
916.474
151,320
358.769
1,977
1,275,243
153.297
1,143.098
142.050
1.067.794
360,746
1,428,540
1.285.146
11 Net incoming resources
2024
2023
Operallng surplus is slated after chargingl(credilingi'.
Depreclalion of tangible assels
Operating lease renlals
Auditors, remuneration
31.670
2.211
1,607
34 500
2.412
1,516
-20-

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
12 Employee8
Number of employees
The average monlhly number of full and part time employeès during the year was-,
2024
Number
2023
Number
25
25
Employment C08ts
2024
2023
Wages and sa18ries
Social Se￿rItY costs
Other penslon cosls
Other employee benefits
623,762
45.787
20.321
5,048
594,540
43.958
19.665
3.965
694,918
662.128
13 Directors. r•munorallon
No directors received any remuneration or were reimbursed expenditure from the charity during the year in
Ihelr capacity as dlreclors.
14 Tanglble Ilxed a88ets
Prop•rty
T•nants Flxturm •ffld
lrnprov•rn•nts
*q￿lpm•nt
Tot•1
Cost
At 1 January 2024
Additions
2,239,591
104.706
465,042
20,461
2,809,339
20.461
At 31 December 2024
2,23g.591
104,706
485,5(
2,829,801
Depr¢¢iation and impairm•nt
Al 1 January 2024
Depreciation Gharged in the year
74,327
9.514
412,441
22,156
486,768
31.670
Al 31 December 2024
83,841
434,597
518,438
Carrylng amount
At 31 December 2024
2,239,591
20.865
50,SVJ7
2,311,363
At 31 December 2023
2,239.591
30,379
52,601
2,322,571
21

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
15 Investment property
2024
Falr value
Al 1 January 2024 and 31 December 2024
680.000
Investment property comprises solely of buildings The fair value of the inveslmenl propertles is not deerned
lo be materially differenl than the nel book value.
16 Debtors
2024
2023
Arnounts falling due within one year:
Activity debtors
Olher debtors
Prepayments and accrued Income
1 .042
29.705
23.504
9,340
21,405
26,924
54.251
57,669
17 Creditors: amounts falling due within one year
2024
2023
Bank loans
Other laxalion and social securlly
Operating creditors
Other creditors
Accruals and defefred income
41.112
11492
21.852
700
22 319
41,183
11.511
41.047
700
25.794
97.475
120.235
The company's property loans are secured by a legal charge Over the Pfoperties at 179, 181, 183. 185 & 187
Holywood Road. Belfast, the company s Interest In 2 Lough Road. Anlrim and a debenture.
18 CredltQfS: amounts falllng due after more than one year
2024
2023
Bank loans
282,057
303,762
Analysis of loans
Repayable after 5 years
Wholly repayable within 5 years
Included in current Iiabililies
42 322
260.847
{41,112)
63.101
281,844
(41.183}
262.057
303,762
-22-

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
19 Restricted income lund8
Balance at 1
January
2024
Incoming Resources
resources
expended
Transfers Balance at 31
December
2024
Building$
Acts42Day
Missional
Vision 20-20
585,654
22,591
174,912
319
{7.524)
{30.644)
(329.783)
(319>
28,522
606,852
9,332
222,461
17.385
291.509
85,823
783,478
308,894
(368,270)
114,345
838,445
The transfer to building fund from unreslfi¢led funds relale$ to property loan repayments made from rent
recelved and an amounl of fund property additions.
The directors transferred £114,345 from general funds to SUPPOrt Ihe missional activities of Ihe church and
building fund.
20 Unrestrlcted Income fund8
Balance at 1
January 2024
Incoming
resources
Re80urce•
expended
Transfern
Balance at 31
Decomber 2024
Unreslricled funds
2,144,860
1,232,376
11.078,805)
<114,345)
2,184.086
23.

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
21 Analysls of net a8sets between funds
Tangible Net Current
Flxed assèts
assèts
Total
2024
Total
2023
Re$triGted income funds
Buildin95
Acls42Day
Missional
Vision 20 20
806.653
606,653
9.332
222.460
585,654
22,591
174,912
319
9,332
162.711
59,749
666,402
172,043
838.445
783,476
Unrestrlcted Income funds
Designated funds
Free reserves
2.021,792
2,021,792 2,013,418
162,294
131,444
162.294
2,021.792
162,294
2.184,086 2,144,860
2.688 194
334,337
3.022.531 2,928.336
22 Capital commitments
The company had no capital commllmenls as al 31 December 2024 and al 31 December 2023.
23 Financial commitments
The company had no financial commilmenls as al 31 December 2024 and al 31 December 2023
24 Non4udit service provision
In common wilh many other chaTrties ol our size and nature we use Ouf audilors lo assist with Ihe preparalion
ol Ihe financial slalemenls.
25 Company Status
The company is a company limited by guarantee ané does not have share capital
-24-

CHRISTIAN FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
26 Cash generatgd frorn operatlons
2024
2023
Surplus for the year
94,195
36,403
Adwslmenls for:
Investment income recognised in statèment of financial activities
Depreciation and impairment of langible fixed asse1$
(44,810)
31,670
(29,398}
34.500
Movements in working Capltal
Decreasel(increase) in debtors
(D&re8se)linc￿•8e in credrtofs
3,418
(22,690)
(12,4191
13,595
Cash g•n•ratsd frtsm operatlons
81.783
42,681
27 AnalyB18 of change8 In net fund&lldebtl
At 1 J•nu*ry
2924
Ca•h 110￿ At 31 D•¢•mb•r
2024
Cash al bank and in hand
292,093
44,358
336.449
Loans falling due within one year
Loans falling due after more than one year
(41.183)
(303,762)
71
41,705
{41.1121
(262.0571
(52.852)
86.132
33.280
.25-