GREEN PASTURES, THE PEOPLE'S CHURCH AND SUBSIDIARY COMPANIES CONSOLIDATED ACCOUNTS REPORT OF THE DIRECTORS (INCORPORATING TRUSTEES, REPORT) The Directors {who are also the trnsteesl are pleased to present their annual report together with the finan¢tal statem•)t$ of the charity for the peri1 from I" May 2019 to 31° August 2020. which are prepared to m¢et the requir¢m¢nts for a directors, report and accounts for Cotnpanies Act putposes. The direciors have adopted the provisions of the Companies Act 2006 and Accounting and Reporting by Chzrities.. Ststement of Recommended Practice applicable to ¢hariti¢s prepillg accounts in Accoidance with the FinaDcial Reporting Standard applicable in the UK aDd Republic of tr¢land (Charities SORP- FRS1021, in prcparing the anrlual report and fm3n¢ial ststemenis of the charity. Aebievement5 #nd perform8n¢e The Church's desire is to be a reflection of God's heart through a vibrant, 21st century chuT¢h. We are ¢ommitted to buildJ"t)g a spirit-filled pwple who ar¢ inspired by Christ enjoying us, enjoying Him. A people who are driven by compassion to reach lost and hurting people, and to be a tsansfomiing presence in the communities we serve. In the year Covered in this reporting period, the church met both physically with in person services and tsnline due to the COVID Pandemic. We ¢¢l¢br2ted with 64 people who Came to a ¢Jew faith in Jesu5 Christ (last year 891, 3/fj of whom actively engaged and completed a dis¢ipleship prograrnme. Fify-two people wcre baptised in ihi5 time period. Th¢ chUb also provided regular and acce&%ible Pastoral Care not only to its 800+ adult members but also to the wider community. Dllring the reporting period, the ChuT¢b had 403 active volunteers. contributing an estimated 30,(K>O+ volunteer hours toward it5 charitable #iTnS. Jn mid March 2020. in line with Government regulations due to the COVID Pandemic. all church services moved froTh in person to online. This illcluded all our Sunday services. To ¢ontinue to pastor our ¢hurch family we had daily adult. kids alld youth d¢votiot)$. During this pandemit as a church we are aWe of how this can also affect o]]r physical. meutal and emotional well-b¢ing so we had weekly online interaction through Mentsl Health Mondays, workout Wednesdays and Family Fridays. Thest weie a gr¢at en¢ouragemertt in a very challenging time to both our ¢hur¢h family and the wider eommunity. As a church we are awar¢ of the incredible work of all the staff within our NHS and we supported those within our church family who work withitt the NHS by delivering a weekly meal for their families. Durillg this time period over 1,000 meals were delivered. We also PTovided support for th¢ NHS within our local hospitsls by providirLg them with snacks for their break tim¢s. In September 2020, as our schools re-opened, we supported those within our church family who are iea¢h¢rs and school support staff by prOldirtg a weekly meal for their families over a4 w¢ek p¢ri¢)d. We also provided 5UPPOrt to 21 local PTimary and se£ondary 5choo15 by proTriding them 7¢h snacks for their tea¢h¢is and support staff. The ¢huTeh also continued to progress its vision for the 97 acre sste in the South of Ballymena. Duritjg this time periol as 2 church w¢ transitioned from GPI in Gal8OrnL to GP2 on the Gateway Project. With out first in person service in GP2 on 4th April 2021. The"Gaoway"Project exists for the benefit of the local area. particularly Ballymen4 and seeks to be a bl¢$$it)g to our city by providing social value and helping to stimulate spiritual, social and econornic regeneration. Fingncial revieiv and funds polS¢y The incotne of Green Pastur¢s. The Pcoplc's Church is testament to the lovely givin8 heart of its people and to God's promise that if we act in faith with careful planning He will release His provision. We have seen this reflected by the incredible generosity in this past period towards our "Proje¢t Nehemiah" fund - enabling the gathering of capital in prcparation for OUT S(KiO-¢conomi¢ and Spiritual regeneralion project at the Gateway Site.
GREEN PASTURES, THE PEOPLE'S CHURCH AND SUBSIDIARY COMPANIES CONSOLIDATED ACCOUNTS REPORT OF THE DIREcfoRS {conrtM4ed) Flnnell revlew and fuDd$ policy (CL•Hlilluerf) During tb¢ period the Church had total income of £2.372.797 and totsl ¢xp¢ndiwre of £1,382.067 resulting in a net sUlUS of £990.730. This surplus contributed to th¢ fvnding of the Church's con5truclion of a t)ew flIlty. The net Surplus for the Period as shomm in the statem¢ntof financial aetivities on page I I hA5 been transferred io the ¢ompany's fvnds andhas resulted in an increase in total Church funds from £21.163.035 to £22.153,765 Dethil$ of the financi81 position of th¢ Chw¢h at the period<Dd can be 5eeii OD page 12. tknittg the period £1,444,043 of r¢stri¢t¢d funils wa$ speni on the Charity's Ollgoing new ¢hurch building project. At the end of the period the ChaTity had £373.639 cash at bank, of which £316.062 w88 in a ie5tricted fvnd forthe new church building. As the capital spendprojectprogress¢s,th¢trustees anti¢ipa filltherdonations specifically foTthe project, whi¢h will increase tb¢ balance 5h¢et figure si8Dificantly more over the nexi few y¢ars. The tw$t¢¢s also anticipate availing of a loan facility within th¢ n¢xt r¢porting pcri(yJ as part of tbe funding strat¢8y for th¢ capiial spend project. It is the aim Of the Tntstees, if )SSible to maintain an unrestiicted cash reserve equivalent to that of hvo mollths expendirnre. The company plans to ¢ontit)u¢ its activiti¢s in the forth¢on)ing years. FIM•nci8J r¢vi¢w and fund5 policy TradlD¥ iCtlvitle5 The trading aCtitIeS of the Group's subsidiaries provide finance to furthet the aints and objectives of the Churdi and its aS$(Kialed charities, Connect Ministri¢s at)d Compa$$ion Ministries. During the Peri0¢0f thesubsidiaries, Advance Engineerin8 Group Ltdwaspla¢ed into administration althIS has resulted in a reported tradiDg lo$s for th¢ p¢riod, as shown on pag¢ 11. The ¢ontinuin8 tradingoperdtions of the Group renuined profitable during the period andare expected do so forth¢ incoming ObJectlwe5 rtd Aetlvltles (ld how they deliver public beefit) Pthrpost I To advan¢¢ the Christian r¢li8ion for ihe benefit of the public in th¢ area of benefit in ac¢ordance with the sthiements of belief. Beneficiaries.. Open to all of the public in Northern Ireland. How they benefrt: The adoption of a moral framework which encourd8CS people to be good citizens. How the benefits can be demonstrat.. Improved b¢haviow as a SuIt of being inyolvcd in a public act of worship.
GREEN PASTURES, THE PEOPLE'S CHURCH AND SUBSIDIARY COMPANIES CONSOLIDATED ACCOIJNTS REPORT OF THE DIRECTORS (conlinmed) Objectives Ind A¢tivltles (and bow they deliver pblIC benefit) (eontinued) Purpose I PUOse.. To promote the benefit of the inhabitallts of Galgorn] particularly. and Northern Ireland generally {hereinafter called 'Yhe area of bellefit"} without distinction of sex. Sexual orientation, race or of political, religious or other opinion by estsblishing a place of worship for the Christian religion. Beneficiaries.. Open to all of ihe public iti Northern Ireland. How they benefit.. The adoption of a moral frarnework which encourages people to be good citizens. Theprovision of facilities fot public use. How the benefjts can be demotistrated.. Improved behaviour as a r¢sult of being 1TJvolv in a public o¢t of worship. Purpose 3 PuJpos¢.' The advancement of the Christian religion mainly, but noi exclusively, by means of bToad¢asting Christiall m¢$sages of an evangelisti¢ and tChing notrre. Beneficiarie5'. Open to all of the public in Norfh¢m Jr¢land. How they benefit.. Access to educational opportunitle5. to public worship and to religious publications inc1L18 sacred t¢xts and literdture. How the benefits Can be demonstrdt¢d.. Improved behaviour as a result of incTeased awareness of o mordl framework. Purpo$¢ 4 Purpose.. Providing 5ervice5 of woiship,. r¢ligiou5 teaching,. facklitie5 Qr 5ervi¢¢s to allow b¢li¢vers to practice their faith OT follow its doctrine5' producing or Making available literature explaining the doctrines involved and how to flnd out more about th¢m. Dislribulion of sacred texts in the area of benefit. Beneficiaries.. Open to all of the public in Northern Ireland. How they benefit.. Access to public worsbip, to educational opportunihe5 and io religious publications Including sacred t¢xts and lit¢ratur¢. How the benefits Can be demoustrated.. Improved behaviour as a result of increased awareness of a moral framework and involvement i public worship.
GREEf4 PASTURES, THE PEOPLE'S CHURCH AND SUBSIDIARY COMPANIES CONSOLIDATED ACCOUNTS REPORT OF THE DIRECTORS (conliwued) Objectives Ittd Aetivltle$ (and how thry dellver publi¢ beDefit) {cofttiNued) Purpose 5 Purpo$e.' Aswciating tO8ethez the said inhabitants and the local zuthoriii¢s voluntary and other otganisations in th¢ area of benefit in a common effort to relieve poverty 2nd advance education and to provide facilities in the int¢r¢sts of welfare forth¢ recreation leisure-time occupation with the object of improving the condition5 of life for the said inhabitants. Beneficiaries= Sedion of the publi¢ in the locality where the activity is PTovided. How they benefit.. Finan¢ia] aid, money management training. provision of leisure and recreational facilities and programmes. How the benefits can be demonstra*d- Improvement in social, emotional and physical wellbeing of participants. Mgkn Activities The main activities ofthe Charity include the provision of services of worship., thc advanccment of the Christian religion. providittg opportuoities for volllnteers,. providing volunteers for the Community benefjt,. supporting and working alongside other like-lninded chatitable and volunteer organisations. The Church. in the fvrtheTance of its aiTn5 ad tsbj¢ctive5, co-operates closely with hvo oiher charities. Connect Ministrie5 Limited and Compassion Ministries. This co-operation involvcs shared stratcgic direction, fjnancial support and volunteer resource support. The out¢omes of tbis support are monitored to ensure that the Church's ¢haritable objectives are being furtheEed by these partsLer5hips. Green Pastures. The People'5 Church 15 the I¢K)/o parent company of the followin8 companies.. Confid¢n¢e Enterprises Limited (inter-maiaie holdig compaTLy) Th¢ Gateway Social Inveslln¢nts Lirnited Kingdom Social lDvestnIs Limited {dorniant) Gateway Business Park Lirnited (dornwitl Th¢ trading activities of the Group's sub$idi2ries provide fjnance to further th¢ aims and obje¢tives of the Church and its associated charities, Connect Ministries and Compassion Mini$tri¢s. Profit5 are primarily appliedforthe clwitsble purposes of associated charitable compaDie5. At tbe date of this reporL current trading actiTrities ate limited to Pure Gym, Flouti5h Care and Cornpassion Charity Shop, all of which are tTading arms of The Gateway Social Investment Limited, which it) tum is a subsidiary of ConfEdence EnteTPtises Limited. Jt should be nol¢d that Advance Engineering Group Ltd, a trading $ubsidiary of Confidence Enterprises Limited, entered into administration on 24, Augllst 2020. Its perforn)ance is included in th¢ consolidated results.
GREEN PASTURES, THE PEOPLE'S CHURCH AND SUBSIDIARY COMPANIES CONSOLIDATED ACCOUNTS REPORT OF THE DIRECTORS (continued) Reference gnd adminlstrAdve detsil$ Registered charity name.. ChaTity Co]nmission registtation number.. HMRC ¢harity r¢ference'. CoTnpany registration nun)ber'. Principle office and registered offi¢e." Green Pa5wres, The People's chUh NIC101855 XR94150 NJ062702 l. Faith Avenue The Gatew3y Ballymena County Alltrim BT42 3FF Bankers.. Bank of Ireland Broadway Avenu¢, BallymeDa. BT43 7AA. Solicitors.. King & Gowdy 298 Upper Newtownards Rd Belfast BT4 3ET Auditors.. Stevenson and Wilson 22-30. Broadway Avenue, Ballymena. BT43 7AA. Director5 Trustees of the Compally The diTectOls who held office during the period wer¢ as follows.. Mr Jeffrey Wright Mrs Karen Kemohan Mr Brian Sornerville Rev Roy John Todd (appointed I l Julle 2020) Mr Trevor Dut)lop (resigned 21# May 20201 Structiire? governante and rnanagement The Company is a charity limited by guarantee without share capitsl. The Company is goyerned by its Mernorandum and Articles of Association dated 17, January 2007, and amended by resolution5 dated 281h May 2010 and 28th Mar¢h 2017. In ihe event of the Company being wound up Tt]eTnber5 are T¢quir¢d to ¢ontribur¢ an arnountnot execeding £1. The Trustees are responsible for setting ihe overall strateC dire¢rion of th¢ Charity and the retnuneration rates of all employee5. while the day to day rllnning of the operations of Church is delegated by the Trnstee5 lo the Executive team. The Twstees have had regard to the Charity ComTDission's public benefit requitemeDt and on appointmet)i io the Board are made awarc of all of their resp)n.%ibiliiies iTb teTm$ of both Charity Law and Company Law. Directors are appointed in line with the Mernorandurn & Articles of Association of the company. The Board of Director5 are a150 known a5 Tntsiees for the purposes of the Charity Commission.
GREEN PASTURES, THE PEOPLE'S CHURCH AND SUBSIDIARY COMPANIES CONSOLIDATED ACCOUNTS REPORT OF THE DIRECTORS (ConmMed) Risk man•gement The prirACp1e financial risks to the Charity lie within the deVelOpent of the new chureh facility and the trading operation5 of its subsith"arie$. The uStee$ have idelltified these nsks. and are satisfied that they are mitigated by adhering to reasonable attd standard finan¢ial practices,. for example, engaging in a fixed price contra¢1 for building works,. employEng a quantity suryeyor to ensure value for money,. having collateral warranties in place for all ¢ontra¢tors,' ensuring subsidiary cotnpanies are trading within their means. Stotem¢nt of direttor5' re5POJ15ibilitie$ The director5 (who are ihe trustees of Green Pastures, The People'5 Church) are responsible for preparing tbe directors, report and the financial statements ITI 8¢¢0rdance with applicable13w and regulations. Company law requires the directors to prepare fjnancial statements for each finan¢ial period. Ut)der that law the directors have prepared tb¢ financial statements in accordance with United Kingdom Generally Accepted Accouniing Pra¢ii¢¢ (United Kingdom Accounting Standards and appli¢able law). Under Comparly law the director5 ItIU5t not approve ihe financial statements unless they are satisfied that they give a ttue and fair view of the state of affair5 of the charitable company and of the incoming resource$ attd application of resources, including Jn¢ome and expenditure for that PEriod. In pr¢paTing these finaclaI staiements, the directors are required to.. $ele¢t suitsble a¢¢ounting polieies and apply them consistently., observe the methods and principles in the Ch1t]eS SORP-FRSIO2,. make judgements and a¢¢ounting ¢stimates that are reasonable and prudent- slate whether appli¢able accounting standards bave been followed, subje¢t to any material deparr¢S dis¢losed and ¢xplain¢d in the fJnat)cial statement., and prepaT¢ the flnancial staternents on the 8Otng concern basis unl¢$$ it is in&ppropriate to ptesume that the cornpany will continue in busine5S. Th¢ director8 are responsible for keeping adequate accounting records that are suificient to show and explain the ¢haritsble COTnpa¥)y's tr4nsa¢tivrts and disc108e with rcasonablc accuracy at any tim¢ th¢ finJncial position ofthe C3roup and Company and enablt them to ensure that the fman¢ial staiements comply with th¢ Companies Act 2006. They ar¢ also responsible for safegUardig the assets of the Group and Company and hence for iakit)g reasonable steps for the prevention at)d deteetion of fraud and other irregularities. In the casc of each director in oifice at the date the Directors, Re]>0rt 15 approved.. 50 far as the director is aware. there 15 llo relevant audit iDfoTmation of which the charity's audstors are unaware. and they have taken all the steps that th¢y ought to have taken as a directoi iti order to make ibemselves aware o(any relevant audit infomiation and lo ¢stablish that the ¢haritable company's auditors are aware of that infomiation. Funds held cu$todlaD tru$te¢ on b¢balf of oth¢rs Th¢ charity doe$ not hold any funds on bchalf of others. Audltors A resolution to appoint auditor5 will be PToposed at the Annual General Meeting. Approved by thr Board on 22 April 2021 and signed on ils behalf by.. Karen Kernohan