Independent Examiner's Report to the Charity Trustees of Coracle Christian Fellowship I report on the accounts of Coracle Christian Fellowship for the year ended 5 April 2021* which are set out on pages 7 to 10. Respective responsibilities of charity trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to: f] examine the accounts under section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the Charities Act E] state whether particular matters have come to my attention. Basis of independent examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: I, That accounting records were not kept in accordance with section 63 of the Charities Act 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements of the Charities Act 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent examiner's statement I have completed my examination and have no concerns in respect of the matters (l) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Chartered Accountant 250 Donaghadee Road, Bangor. BT19 6NH 231
Coracle Christian Fellowship STATEMENT OF FINANCIAL AcfiviTY (Receipts and Payments Account) for the year ended 5 April 2023 Note Unrestricted Funds Restricted Endowrne Funds nt Funds Total 2024 Total 2023 Receipts Donations and legacies 19,176 19,176 19,148 Total Recelpts 19,176 19,176 19,148 Payments Charitable activities 20,555 17,391 17,391 Total Payments 17,391 17,391 20,555 Net receipts / (payments) 1,785 1,785 {1,407) Funds brought forward 10,606 10,606 12,013 Funds carried forward 12,391 12,391 10,606
Coracle Christian Fellowship STATEMENT OF ASSETS AND LIABILITIES As at 5 April 2024 Unrestricted Funds Restricted Funds Endowment Total Funds Total Funds Funds 2024 2023 Funds Reconciliation Bank and Cash at start of year Net movement in funds 10,606 1,785 10,606 1,785 12,013 {1,407) Bank and Cash at end of year 12,391 12,391 10,606 Bank & Cash Balances Bank Current Accounts Cash in Hand 12,193 198 10,393 213 12,391 10,606 Other Assets Gift Aid receivable on donation5 3,577 3,612 3,577 3,612 Approved by the Trustees at a meeting on ao. 12 .2+ and signed on it5 behalf by Mark Beattie Norman Gibson
Coracle Christian Fellowship NOTES TO THE ACCOUNTS 5 April 2024 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total income of the fellowship is less than £250,000 the congregation have elected in accordance with the provisions in The Charities (Accounts and Reports Regulations (Northern Ireland} 2015 to prepare its accounts on a receipts and payments basis. FUND ACCOUNTING Endowment funds are funds, the capital of which must be retained either permanently or at the fellowship's discretion,. the income derived from the endowment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place. Restricted funds comprise {al income from endowments which is to be expended only on the restricted purposes intended by the donor and Ib) revenue donations or grants for a Specific congregational activitv intended by the donor. Where these funds have unspent balances, interest on their pooled investment IS apportioned to the individual funds on an average balance basis. Unrestricted funds are income funds which are to be Spent on the fellowship's general purposes. Designated funds are general funds set aside by the fellowship for use in the future. DONATIONS AND LEGACIES Unrestricted Funds Restrlcted Funds Endowment Funds Total 2024 Total 2023 Recorded giving- Donations and gifts Gift Aid 15,563 15,563 15,597 3,551 3,613 3,613 19,176 19,176 19,148
Coracle Christian Fellowship NOTES TO THE ACCOUNTS (cont'd) 5 April 2024 CHARITABLE ACTIVITIES Unrestrirted Funds Restricted Funds Endowment Fund5 Total 2024 Total 2023 Ministry staff costs Fellowship running expenses Donations to Missions and charities 10,836 2,640 3,915 10,836 2,640 3,915 10,236 4,439 5,880 17,391 17,391 20,555 FUND BALANCES Fund Balance at start Receipts Payments Surplus / (Deficit) Transfer Balance at end Unrestricted Funds General Fund 10,606 19,176 17,390 1,785 12,391 10,606 19,176 17,390 1,785 12,391 io