Charity registration number NIC101661 INTERDENOMINATIONAL DIVINE HEALING MINISTRIES ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024
INTERDENOMINATIONAL DIVINE HEALING MINISTRIES LEGAL AND ADMINISTRATIVE INFORMATION Trustees MrGFWHewitt Mr F Mcmorrow Mrs H F Brovm Mr O Howe Mrs E Whyte Mr R Loade Mr M Coates Mr5 N K Mcclelland IAppointed 15 August 20241 Charity number NIC101661 Prlncipal address 28 Townsend Street Belfast 8T13 2ES Independerrt examiner Moore Braniff 2 Beechill Business Park 96 Beechill Road Belfast Northern Ireland BT8 7QN Bankers Ulster Bank Ltd 11-16 Donegall Square East 8elfrdSt BTI 5U8
INTERDENOMINATIONAL DIVINE HEALING MINISTRIES CONTENTS Pd8e Trustee5 report Independent examiner's report Statement of financlal activltles Balance sheet Notes to the financial statements 10-19
INTERDENOMINATIONAL DIVINE HEALING MINISTRIES TRUSTEES REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 The Trustees present their annual report and financial statements for the year ended 30 September 2024. The accounts have been prepad In accordance wlth the accounting policie5 set out In note to the accounts and comply with the charity's constitution, the Charities Act INI) 2008 and the StstemeTrt of Recommended Practice, The Charlties (Accountlng and Reports) Regulation (Nl} 2015. Objectlves and activities The charity's objectives are to offer member5 of the public prayer for healing together with the layin8 on of hands and anointing/blesslng with oil at regular weekly services In the Greater 8elfast area and. by invitstion, throughout Northern Ireland. Also to be prayin8 for the land and praying in unity. The policies adopted in furtherance of these object5 are to have regular prayer groups to support the various areas of acti¥ity, to hold regular Healing Team meetings and Committee meetings and there has been no change in these during the year. Objertives To continue the work of the charity the Trustees lead by the Director Fergus Mcmorrow have been engaged in a 5 year plan covering 2025 - 2030. The objectives of thls plan have been set as follows- Renewal of Trustees and Committee. Organise prayer support for the whole ministry. Increase the number of individua15, churches and communltles reached by Divine Healing Ministries. Weekly and monthly healing services including St. Patri¢k'$ 8all¥macarrett, Shankill Methodist Church, Hope Centre, Berry Street. Larne Churches, parishes across N. Ireland and Rep. of Ireland. strengthen the interdenomlnatlona5 aspect of the ministry with new heallng services at Catholic parishÈs. Developing online downloadable resour5, both free and paid frjr booklets, audio and video (ordIng$. Developing phone ministry provision with a new VOIP phone system which allows team members to answer phone calls from people requestlng prayer. Developing the online mlnlstry which has expanded signlflcantlv. Developing further link5 With South America in partnership and existing reciprocal mission trlps wlth pastor5 in Colombia. Developing youth outreach within the ministry in partnership with the Summer Madness Youth Festival, the Hub Church of Ireland/Methodlst Chaplalncy at Queen's Universlty, and other youth ministries/a£encles, 10. Developing monthly satellite healin8 services in Larne. Holywood and Lisburn and in other towns. 11. °Days of Prayer for the land. In towns across N. Ireland and Republic of Ireland. 12. Onllne and in person training in prayer ministry for new team members and advanced training for existing team. 13. Pastofal Care developmenL Compliance wtth Public Benefit The Trustee5 have paid due regard to guidance issued by the Charity Commission for Northem Ireland to ensure the activitie5 entered into during the year have helped to achieve the or8anlsations objectives in providing a public benefit.
INTERDENOMINATIONAL DIVINE HEALING MINISTRIES TRUSTEES REPORT {CONTtNUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 A¢htevements and perfomiaftce Achievements Key aspects include: A very glfted and committed DHM ministry team. Weekly healing Services at St. Patritys Church of Ireland, Ballymacarrett. Weekly prayer ministry at Shankill Methodist and Hope Centre, Berry Street. Weekly online prayer ministry. Monthly healing services at St. Finni3n's, Larne Churche5 and other satellite servlces across N. Ireland. Prayer Ministry Tr&inin£- in-person and online. Development and updating of prayer mlnistry training to include offering a new prayer mlnlstry course and prayer ministry resource manual 2025. Development of online and llvestreaming mirsistry on Facebook and YouTube. Slgnificant increase with online engagement and participation. Expanding the reach of the mln15try locally, nationally and internationally throu8h in-person and online healing services. Development of Zoom and phone ministry which allows people to speak with a team member and tts receive prayer over the Zoom or over phone call. Addition of a new Offlcer Manager who has increased capacity of the ministry in administrative, social medla and prayer ministry provision. Testimonies from people who have received heallng and encouragement through livestreaming services. Development of "satellite" healing seices. Development of partnership5 With yOh agencies. Development of the ministry team through "Going Deeper" Days. Wèekly prayer healing clinic at Berry Street, Belfast in partnership with Crown Jesus Minlstries. Growth and stren8thening of the interdenominational aspect of the ministry. DHM Director on Board of Summer Madness Youth Festival and DHM involved with seminars and prayer ministry at the Youth Festival. Asked to contribute a testimony to a new resource "Good News People" Ireland. being launched by Evangelical Alliance Nl. A Report on Evangelicals in Northern Trnining: Development of a new and updated Prayer Ministry Trainlng and Resource which builds on the prayer ministry training that has been taking place for a number of years, Development of onllne training and training resources. Advanced prayer ministry training for team members. Days of Prayer: of Prayer for Peace and Reconciliation across the land. Development of ministry wlth young people: Youth Offlcer- increased of hour5 per week, Involvement Summer Madness Youth Festival stsff and membership of the executive board of Summer Madness. Young adult speaking at Healing Services, leadlng worship and involved in Prayer ministry. Creating youth friendly resources on prnyer and healing.
INTERDENOMINATIONAL DIVINE HEALING MINISTRIES TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Partnerships and networking wlth other mlnlstries: Involvement in a network of prayer movements Pfaying for the land, Re5entles5 Prayer; Interdenominatlonal Prayer with a particular focus on prayinE for North Belfast and West Belfast. Interdenomlnatlonal asperts of the mlnlslry: Invltation from Catholic Parishes to develop healing servlce and ministry. Interdenominational prayer ministry trainlng. Going Deeper Days with Matthew Rudolph, Messianic Leader, and Paddy Monaghan (Evangelical Catholic Initlative). Asked to contribute a testimony to a new resource 'Good News People - A Report on Evangelicals in N Ireland" being launched by Ewangelical Alliance Nl. Divine Heallng Resources: Development of new Divine Healing resource5: pamphlets. leaflets. Online resources- video. audlo and print. New Video and audio resource5. These can be downloaded from the shop page on the webstte www.divineheallngministries.org. Development of resources on prayer and healing for young people. Prayer ministry trdinin£ Resources. Flnanclal revlew At the reporting date of 30 September 2024, the following is an overvSew of the charlty's position. The accounts documented an overall net deficit of £12,763 {2023 deficit: £31.7151. The ministry eontinued to reteivÈ donations and combined with funds held on account. the ministry was able to pay for all operational expenses. The ministry tontlnues to focus on increasing donations received to reduce the lianCe on cash resources held on account. Net a55ets held by the charlty at the ye3r end wÈre £143,141 12023: E155,9041. Of thi5 the Ulster Bank account had losing balance of £107,00512023.' £20.5151. The charity Investment increased in value by £5,02312023: £2,057} during the year. Golng Concern Considerlng the above and current year budgets the Committee Is satisfied that there are adequate fvnds In place to ensure that the charity can continue its artivities and the financial statements for the year ended 30 September 2024 can be approved as a going concern. The Trustees has assessed the major risks to which the charlty is exposed and are satlsfied that systems are In place to mitigate exposure to the major rlsks.
INTERDENOMINATIONAL DIVINE HEALING MINISTRIES TRUSTEES REPORT ICONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Plans for the future (from 2025-2030 Strateglc Plan) Below is our vision and strategic plan for the future. It reflects Oivifte Healing Ministr4es' commltment to fosterin8 healing and Spiritual growth, grounded in faith and inclusivity. VISION The vision of Divine Healing Ministries Is for the grovrth of God's klngdom through prayer for heallng in our land and its people as an integral part ofthe ministry ofevery churth. MISSION The mission of Divine Healing Mlnlstries is to pray for the heallng of Individua15 and reconciliation in our land. STRATEGIC AIMS Prayer: Development: Growth: Governance= To pray and equlp others to pray for healing, reconciliation and restoration. To contlnue to develop and grow interdenominational and intergenerational teams. To increase the number of individuals, Ghurche5 and communities reached by the ministry. To provide good 8overnance, leadership and accountability. STRATEGIC OBJEcfiv£s 2025-30 To develop and encourage personal and commun31 prayer times across Dlvine Healing Minlstrles. To Increase the number of individuals, churches and communities reached by the ministry. To 5trengihen the interdenominational nature of the mlnlstry. To increase the number of young people involved in the ministry. To Provide regular Healing Services. To contribute to prayer for healing ministries in other countries. To develop the most appropriate and effective Eovernance and leadership to sustain the ministry. TO bring the strategic objertive5 of Divine Healing Ministries to life. otjr strategic plan has been broken down into focused activities designed to translate vision into action. These actlvitie5 Outline practical steps and InEtlatives that align with the ministry's commitment to Unity in Christ, prayer, Indlvldual wholeness and heallng, community reconciliation, and growth of the ministry. While some tasks withln the plan are ambitious, they maIn achlevable through dedication, faith. and reliance on God's guidance. BY working together wlth a spirtt of collaboration and determination, these initiative5 will help the ministry realize its goals, extend its impact. and deepen its mlsslon of healing and reconciliation. Divine HealinB Ministries believes that these efforts will bear fruit, advancing God's kingdom and bringing restoration to individuals, communities, and beyond. Monthly Youth Services. Speaking at Youth Fellowships, scht)ols. Young adults speakin8 at services and on team Mentoring young people on team Development of resources on prayer and healing for young people. Working with DHM team members who are coordinating areas of the minlstry". Pastoral Care, youth, publicity, traininE, Outreach. intercessor5. finance5. Continuation of "Going Deeper" Days of reflertion and training for the team. Development of team through gatherfngs and ongoing training and increased opportunitles for prayer at Townsend Street and other locatlons. Development of the prayer ministry training. Developin8 the Interdenominational and intergenerntional aspects of the ministry. Develop links with Down and Connor Diocese, Archd10Se of Armagh, and the other Catholic Dioceses. Interdenomlnational Dlvlne Healing services in Catholic parishes. Planning further mission trips to South America. Developing partnerships wlth other mlnlstrles for Èxample Summer Madness. 24/7, Transformations, YWAM, Crown Jesus, Ministrles. Healing the Land, The Hub Church of Ireland/Methodi5t Chaplaincy,
INTERDENOMINATIONAL DIVINE HEALING MINISTRIES TRUSTEES REPORT (CONTINUED FOR THE YEAR ENDED 30 SEPTEMBER 2024 Development of new Dlvine Heallng resources.. pamphlets, leaflets, online resources. Development of the DHM website including the addition of audio recordings. Communication of testimonles of heallng through various media including socFal media, website. newsletters. To consolidate and grow existing DHM services as well as monthly satellite services. Requests for DHM training in Dublin and Cork. Training: Prayer Ministry Trainin8 - Developrrtent and updating of prdyer ministry trainin8 course and resources. Pray ministry training over Zoom incltJdinB participants from Belgium, England, Zambia. Stepping into the Prophetic Training. Unbound Training in 8elf35t. Planning AdVand Pt7yer Ministry Trainlng. Unity: Plannlng Healing services at Cathollc parlshes in Belfast. Going Deeper Clays with Matthew Rudolph. Messianlc Leader, and Paddy Monaghan (Evangelical Catholic Initiattvel Communi¢atbn: DHM website - Redesigning the DHM resources and writing new resources on prayer and healing. Creation of search and categorisation facility on the webslte to help people navigate the site more easity. StructUTep governance and management The charity wa5 founded in 1992 and is administered and managed from 32 Townsend Street, Belfast, BT13 2ES. On 19 February 2015 the charity adopted a revised constitution which now governs the charlty. The charity is registered with the Charlty Commission for Northern Ireland under charity reference NIC101661. The Trustees who Served during the year are listed below. Of the Trustees the followlng acted as Officers: Director.. Honorary Secretary: Honorary Treasurer: Mr F Mcmorrow Mr R Loade (Appointed 23 April 20221 Mr G Hewitt The full Ilst of Trustees: MrGFWHewltt Mr F Mcmorrow Mr5 H F Brown Mr D Howe Mrs E Whyte Mr R Loade Mr M Coates Mrs N K Mcclelland {Appointed 15 Au8USt 2024) Recruliment and appolntment of trustees Officers and Trustees are elected at the charity's general meetings, Other Trustees are appointed by the Officers of the charity. Each Trusteè must retire with effect from the conclusion of the annual general meeting next after his or her appointment but are eligible for re-election at that annual general meeting. None may be elected unless prior to the meeting the charity is given a valid notice signed by a current Trustee and the proposed candidate. Once an office is filled another Trustee cannot be nomlnated for that office unttl it Is vacated.
INTERDENOMINATIONAL DIVINE HEALING MINISTRIES TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Organlsational structure The Charity is managed and administered by the committee of Trustees, The Committee of Trustees must have a minimum of three members termed as Officers con51Sting of a Direttor, an Honorary Secretary and an Honorary TreaSUr. The Trustee5 from within themselves will elect these officer5. The committee has no maximum threshold of Trustees who can serve the charity. The charity's or8ani5ational structure is outlined in this diagram: COP4MIThEE g0vem&. &CnbI1ty. extemal reps Idw>mirl)n#l InpE*). ¥wport DIRECTOR splrlu4. ow11atial The trustees report was approved by the Board ofTrustees. Mr R Loade Trustee Dated.. ...
INTERDENOMINATIONAL DIVINE HEALING MINISTRIES INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF INTERDENOMINATIONAL DIVINE HEAUNG MINISTRIES I report to the Trustees on my examination of the financial ststements of Interdenominatlonal Dlvine Healing Mlnistrles (the charity} for the year ended 30 September 2024. Responslbllltles and basis of report As the Trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act (Northern Ireland) 2008 {the 21))8 Act). I report in respect of my examlnation of the charity's financial ststements tarried out under sectlon 65 of the 2(M)8 Act. In carrying out my examination I have followed all the appllcable Dlrectlons given by the Charity Commission Northern Ireland under section 6519llb} of the Charities Att 2008. Independent examiner's statement Your attention is drawn to the fact that the charlty has prepared financial statements in accordance wÈth Acc¢>untlng and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice tssued on l Aprll 2005 which is referred to in the extant regulation5 but has now been withdrawn. l understand that thls has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Prartice effective for reportlng periods beginning on or after l January 2015. I have completed my examination. I confirm that no matters have come to my attetitton In connection with the examination giving me cause to belleve that In any material respect: accountin8 record5 were not kept In respect of the charity as required by sertion 63 of the 2008 Act,. or the financial statement5 do not accord with those records: or the financial statement5 do not comply with the applicable requlrements concernlng the form and content of accounts set r)ut tn the Charities (Accounts and Reports) Regulations 2008 other than any requlrement that the accounts give a tFue and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examinatTon to which attention should be drawn In this report In order to enable a proper understanding of the financial statements to be reached. Moore Branlff 2 Beechill Business Park 96 Beechill Road Belfast BT8 7QN Northern Ireland Dated: 21 March 2025
INTERDENOMINATIONAL DIVINE HEALING MINISTRIES STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Unrestrlrted funds Restrlcted funds deslgnated 2024 Total Unrestrlrted funds Restrlrted fund5 designated 2023 Total 2024 2024 2023 2023 Notes Irlcome and endowments from: Donation5 and legacie5 Other trading activities Investments Other intome 21,933 1,992 1,466 45.946 21,933 1.992 1.466 48,556 28,350 2,000 30,350 15 134 26.452 134 22.025 2,610 4,427 Total Income 71,337 2.610 73,947 50,524 6,427 56,951 Expendtture on: Charitable att*vities Other expenditure 88,995 128 2,610 91,605 128 84,180 116 6,427 90,607 116 li Total expenditure 89,123 2,610 91,733 84,296 6,427 90,723 Net Eains/{lossesl on investments 12 5,023 5.023 2.057 2.057 Net expendlture and movement in funds {12.763} {12.7631 (31,7151 {31,7151 Reconciliation of funds: Fund balances at l October 2023 155,904 155,904 187,619 187,619 Fund balance5 at 30 September 2024 143,141 143,141 155.904 155,9D4 The statement of financial activities includes 311 gains and losses recognised In the year. All Income and expenditure derive from continuing activitles.
INTERDENOMINATIONAL DIVINE HEALING MINISTRIES BALANCE SHEET AS AT30SEPTEMBER 2024 2024 2023 Notss Fixed assets Tanglble assets Investments 14 1.991 31,283 402 126,260 33.274 126.662 Current as5et5 Debtors Cash at bank and In hand 16 1,500 110,950 9,270 23,033 112.4SO 12,5831 32,303 13,061) Creditors: amounts falllng due wlthln one year 17 Net current assets 109,867 29.242 Total assets less current liabilities 143,141 155.904 Net assets excluding pension liability 143,141 155,904 The funds of the Charity Unrestricted funds 143,141 155,904 143.141 155.904 The financial Statements were appn)ved by the Trustees on ........ r G F syfewitt Trustee Mr R Loade Trustee
INTERDENOMINATIONAL DIVINE HEALING MINISTRIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Aceountlng pollcles Charlty informatlon Interdenominational Divine Healing Ministrtes Is a non Incoroparated entity. 1.1 Ar¢ounting cDnvention The financial statements have been prepared in accordance with the charity's Igovernlng documentl, the Charities Att 2011, FR5 102 he Financial Reporting Standard applicable in the UK and Republic of Ireland" I"FRS 102,1 and the Charities SORP "Accounting 4nd Reporting by Charities: 5tstement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable In the UK and Republit of Ireland (FRS 1021" leffertive l January 20191. The charity is a Public Benefit Entity as defined by FRS 102. The charlty has taken advantage of the provlslons in the SORP for charitles not to prepare a Ststement of Cash Flows. The financlal statements have departed from the Charities (Accounts and Reports) Regulatlons 2008 only to the extent required to provlde a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Prdctice which 15 referred to in the Regulations but which has since been withdrawn. The financial statements are prepared In sterling. whlch is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the hlstorlcal cost conventlon, Imodified to include the revaluation of freehold properties and to include investment propertles and certaln financial instruments at fair valuel. The principal accounting pollcies adopted are set out below. 1.2 Golng concern At the time of approving the financlal statements. the Trustees have a reasonable expectation that the charity has adequate resources to Continue in operdtlonal exlstence for the foreseeable future. Thu5 the Trustees continue to adopt the golng con¢ern basis of accountinB in preparin8 the financial statements. 1.3 Charitable funds Unrestricted funds are avallable for use at the dlscretion of the Trustees in furtherance of their charitable objectives. Restricted funds are 5ubjert to specific conditions by donors or grantors as to how they may be used. The purposes and Uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. 1.4 Income Income is recognised when the charity Is le8ally entltled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be recelved. Cash donations are reco8nised on receipt. Other donations are reco8nised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in latIon to donations received under Gift Aid or deeds of covenant 15 recognised at the time of the donation. Legacies are recoEnised on receipt or otherwise if the charity h35 been notified of an impending dlstrlbution. the amount is known, and reIpt is expected. If the amount is not known. the legacy is treated as a contingent asset. 10-
INTERDENOMINATIONAL DIVINE HEALING MINISTRIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Accountin8 policies (Continued) 1.5 Expendlture Expendtture is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it Is probable that a transfer of economic benefits wlll be required in settlemenL and the amount of the obligation can be measured reliably. Expenditure 15 classified by artivity. The costs of each artlvlty are made up of the total of direct costs and shared costs, includlng SUPPOrt costs involved in undertakin8 each activity. Direct Costs attributable to a 51ngle activity are allocated directly to that artlvity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single artivlty are apportloned between those activities on a basi5 consistent with the use of resources. Central staff costs are allocated on the basis of time spent. and depreclatlon charges are allocated on the portlon of the asset's use. Income is recognised when the charity Is legally entltled to it after any perforniance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Software 1.6 Tanglble flxed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuatlon, net of depreciation and any Impairment losses. 33% straight Ilne Depreciation is recognised so as to write off the c05t or valuation of assets less thelr residual values ovèr thelr useful lÈves on the following bases- Computers 33% straight line The Bain or10s5 arising on the disposal of an asset is determlned as the dlfference between the sale proceeds and the arrying value of the asset, and 15 reco8nised in the statement of financlal activities. 1.7 Fixed a55et investments Fixed asset investments are initially measured at transaction price excludin8 transattion costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recogni5ed in net income/{expenditurel for the year. Transaction costs are expensed as incurred. 1.8 Impalrment of flxed assets At each r@portlng end date, the charity reviews the carrying amounts of its tangible and intsngible assets to determine whether there is any indication that those assets have suffered an impairrnent 1055. If any such indication exists, the recoverable amount of the asset 15 estlmated in order to determine the extent of the impairment loss lif any). 1.9 Cash and Cash equlvalents Cash and cash equivalents include cash in hand, deposits held at call with banks, othEr short-term liquid investments wlth original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in ¢urrent liabilities. 11
INTERDENOMINATIONAL DIVINE HEALING MINISTRIES NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Acccuntin8 polkies Icontlnued) 1.10 Flnanclal instruments The charity has elected to apply the provislons of Sectlon 11 'Baslc Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Flnancial Instruments are reco8nised in the charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legalty enforceable right to set off the recognised amounts and there 15 an intention to settle on a net basis or to realise the asset and Settle the liability simultaneously. B£T5itfinunciol a55ets Basic financial assets, which include debtors and cash and bank balances, are initially measured at trdn5aCtion price including transattion costs and are subsequently carried at 3morti5ed cost Using the effective interest method unless the arrangement constitutes a finan¢ing transartion, where the tronsaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. 805icfinuncialliabilrties Bas1¢ financial liabilities, including creditors and bank loans are initially recognised at transaction Pri unles5 the arrangement constitutes a financin8 transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently orried at amortised cost, using the effertive interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operatlons from suppliers. Amounts payable are cla55ified a5 current liabilities if payment is due within one ye3r or less. If not, they are presented a5 non-current liabilities. Trade creditors are reco8nised initially at transactlon price and subsequently measured at amortised cost using the effective interest method. DerecDgnition oAfinanclalllabllities Financial liabilities are derecognised when the charitys contractual obligations expire or are discharged or nCelled, 1.11 Employee benefits The c05t of any unused holiday entitlement is recognised in the period in which the employee's services are recetved. Termination benefits are recognised immediately as an expense when the charity is demonstrabEy committed to terminate the employment of an employee or to provide termination benefits. 1.12 Retlrement benef Payments to defined contribution retirement benefit Schemes are charged as an expense as they fall due. 12-
INTERDENOMINATIONAL DIVINE HEALING MINISTRIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Crltlcal ac¢ountln8 estimates and judgements In the application of the charity's accounting policies, the Trustees are requlred to make judgements, estlmates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources, The estlmates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates, The estlm2tes and underlyin£ assumptions are reviewed on an ongoing basis. Revislons to accountlng estimates are recognised In the perlod In which the estimate is revised where the revision affetts only that period, or in the perlod of the revision and future periods where the revision affects both current and future periods. Incorne from donatlons and legacles Unrestricted funds Restricted fund5 designated 2024 Total Unrertricted funds Restricted funds designated 2023 Total 2024 2024 2023 2023 Donations and gifts Grants recetved 21,933 21,933 27,350 1,000 27,350 21.933 21,933 28,350 2,000 30.350 Donati(5 and 8ifts Donations 21,933 21,933 26,750 26,750 600 CIDA 21,933 21,933 27,350 27,350 Grants receivable for core artlvltles Society of Salnt Francis 8rant Benefact grant 1,000 2,000 2,000 1,000 2,000 3,000 Income from other tradlng artlwftles Unrestrfrted funds 2024 Unrestrlrted tunds 2023 Sale of CDS, Books, Candles and Oil 1.992 15 13-
INTERDENOMINATIONAL DIVINE HEALING MINISTRIES NOTES TO THE FINANCIALSTATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Income from Investments Unrestricted Unrestrlrted funds nds 2024 2023 Interest receivable 1,466 134 Other income Uttrestrltted funds Restricted funds de$ignated 2024 Total Unrestrlcted funds Restrirted funds deslgnated 2023 Totsl 2024 2024 2023 2023 Other income 2,610 48,556 22.025 4.427 26,452 The charity re¢elved £1,350 <2023.. £Nill towards the group retreat, The charlty received £40,OtxJ {2023: £20,000) from the Glen Mason Trust and £4.596 other donations towards St Patricks walk Awake day, leaflets etc12023: £2,0251. Nots 17 shows the bakdowTr of the designated funds of £2,61012023: £4,427) 14-
INTERDENOMINATIONAL DIVINE HEALING MINISTRIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Support tosts Support costs Govemance costs 2024 2023 Staff costs Depreciation 63,784 63,784 1,367 55,849 2,017 1,367 Accountancy fees Donatlons Rent Rate5 2,496 2,300 5,376 <1,930) 1,151 5,139 2,332 790 2.412 5.030 158 1,200 2,496 2,300 5,376 <1,9301 1,151 5,139 2,332 790 2,412 5.030 158 1,200 1,940 3,750 5,055 Insurance 1,582 4,810 4,730 901 3.198 6.775 Printing and postage Telephone and fax Fee5 and travelling expense5 Sundry expenses Computer running costs CIDA costs Retreat costs 63,784 27,821 91,605 90,607 Governance costs includes payments to the independent examiner of £1,092 (2023- £1,032.00) for independent examination fees. the charÉty does not requlre or Incur audit fees. Net movement In funds 2024 2023 The net movement in funds is stated after charglng/{creditingl: Fees payable to the charity's independent examlner- - for the independent examination of the charity's financlal statements - for other assurance servlces Depre¢lation of owned tangible fixed assets 1,092 1,404 1.367 1.032 2,017 Trustees None of the Trustee5 lor any persons connected with them) received any remuneration or benefits from the charity durlng the ar. Durin8 the year two trustees were reimbursed for expenses pald on behalf of the charity. Mr G Hewltt was reimbursed £130 for new printer {2023:£2,638.08 for transfer to Bolivia £1.850, two display stands £430 and meals for visitors £358) Mr F Mcmorrow was reimbursed £125 for sandwiche5 12023:£972 for Mail Chimp 5ubscriptlon, Streamyard Livestreaming and Wix} Mr P Kirch was retmbursed £896 for candles, computer repair, lanyards, 5ticker5 etc. Ms N Mcclelland was relmbursed £878.45 for printlng costs durlng the year12023:£Nill. 15-
INTERDENOMINATIONAL DIVINE HEALING MINISTRIES NOTESTO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 10 Employees The average monthly number of employees during the year was: 2024 Number 2023 Number Employment ¢0sts 2024 2023 Wages and salaries Social security costs Other pension costs 61.893 409 1,482 54.586 1,263 63.784 55,849 There were no employees whose annual remuneration was more than £60,000. li Other expenditure Unrestrfcted funds 2024 Unrestrlctèd fund5 2023 Flnancing costs 128 116 IZ Galns and losses on Investments Unrestrirted Vnrestrlcted funds furA5 2024 2023 Galnslllossesl arisin8 on: Revaluation of investments 5,023 2,057 13 Taxation Divine Healing Ministries is a registered charity with HMRC reference XN191984 and is exempt from tax on income and gains to the extent these are applied to its charitable objerts. 16-
INTERDENOMINATIONAL DIVINE HEALING MINISTRIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 14 Tangible flxed assets Computers Cost At l Ortober 2023 Additions 9,895 2,956 At 30 September 2024 12,851 Depreclation and Impairment At l October 2023 Depreclation charged in the year 9.493 1,367 At 30 September 2024 10,860 Carrying amount At 30 September 2024 1.991 At 30 September 2023 402 15 Fixed asset Investments Listed investments Cost or valuation At l Ottober 2023 Valuation changes Disposals 126.260 5,023 1100.0001 At 30 September 2024 3L283 Carrylng amount At 30 September 2024 31,283 At 30 September 2023 126,260 16 Debtors 2024 2023 Amounts falllng due wlthin one year: Other debtors 1,500 9,270 17-
INTERDENOMINATIONAL DIVINE HEALING MINISTRIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 17 Credltors: arnounts falllng due within one year 2024 2023 Trade creditors Other creditors Accruals and deferred in¢ome 356 912 1,315 625 1,181 1,255 2,583 3,061 18 Retirement benefit 5chernes 2024 2023 Defined contributlon schemes Charge to proflt or105s in respect of defined contributiori 5cheTnes 1.482 1,263 The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in independently administered fund. 19 Unrestrlcted funds The unrestricted funds of the charity comprise the unexpendÈd balances of donations and grants which are not subjert to speclflc conditions by donor5 and grantors as to how they may be used. These include designated fund5 which have been set a51de out of unre5trirted funds by the trustees for specific purposes. At l October 2023 In¢omlng resources Resource5Gains and1055es expended At30 Septernr 2024 Staff Christmas donations Sound System General funds 1,080 1,530 68,727 11,0801 IL5301 186,5131 155.904 5.023 143,141 155,904 71,337 (89,123) 5.023 143,141 18-
INTERDENOMINATIONAL DIVINE HEALING MINISTRIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 19 UnrestrlrtÈd funds (Continued) Prevlous year. At l October 2022 Incomint resources ResourcesGalns and losses expended At3D September 2023 Luana Herrera In Bolivia University Fees Bollvia Staff Christmas donations Brother David's 80th donation5 Benefact Grant General funds 1.850 11,8501 1400} {725} 11,452} 12,lJX)} 177,869) 725 1,452 2,000 44.097 187,619 2,057 155,904 187,619 50.524 184,296) 2,057 155,904 20 Analysls of net assets between funds Unrestrlcted funds 2024 At 30 September 2024: Tangible asset5 Investments Current a55etsllliabilities) 1,991 31,283 109,867 143.141 Unrestrieted funds 2023 At 30 September 2023: Tangible assets Investments Current a55et511liabilitiesl 402 126.260 29,242 155,904 21 Related party transactions During the year the charity incurred costs of £15812023: £Nill relating to the Christian Irish Dlaspora Assoclatlon an affiliated mlnlstry of the charity. During the year the charity ceiVed donatlons of £Nil12023: £6001 from the Christian Irish Diaspora Association. 19-