Company Reglstration Numbor: Nl628845 Charlty Number: NIC102143 The Emmanuel Church Lurgan Trust IA company limlted by guarant80, not having a share capltall Annual Report and Audited Financial Statements for the financial year ended 31 December 2023 Daly Park & Company Ltd Chartered Accountants and Statutory Audltors 4 Carn9gig Street Luryan Craigavon County Armagh BT66 6AS Northern Ireland
The Emmanuel Church Lurgan Trust IA Company Ilmlted by guarantee, nol having a share capitsll CONTENTS Page Trustees, and Other Information Trustees, Annual Report 4-10 statement of Trustees, Responsibilities 11 Independent Auditorfs Report 12-14 Statement of Financial Activities 15 Balance Sheet 16 Slatement of Cash Flows 17 Notes to the Financial Statements 18-22
The Emmanuel Church Lurgan Trust IA company Ilmlted by guarantèe, not having a share ¢apltall TRUSTEES. AND OTHER INFORMATION Trustees Alan John Emerson Robert Mccullough Ajain Emetson Leech Christopher Robert George Jonathan Andrew Beggs Company Secretary Leonard Adamson Charlty Number in Northern Ireland NIC102143 Company Registratlon Number N1628845 Reglstered Office 23a Castle Lane Lurgan Co. Armagh BT67 9BD Northem Ireland Principal Address 23a Castle Lane Lurgan Craigavon Co. Armagh BT67 9BD Northern Ireland Auditors Daly Part( & Company Ltd Chartered Aecounlants and Slalulory Auditors 4 Carnegie Street Lurgan Craigavon CounlyArmagh BT66 6AS Northem Ireland Principal Bankers First Trust Bank 8 Market St Lurgan Co. Armagh BT66 6AQ Northern Ireland
The Emmanuel Church Lurgan Trust IA company limited by guarantee. not having a share ¢apitall TRUSTEES. ANNUAL REPORT for the financial year ended 31 December 2023 The Iruslees present their Trustees, Annual Report. combining the Directors. Report and Trustees, Report, and the audited financial statements for the financial year ended 31 December 2023. The financial statements are prepared in accordance with the Companies Act 2006. FRS 102"The Financial Reporting standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Ch8rilies'. Statement of Recommended Practice applicable lo charities preparing their financial ststements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. The Trustees. Report contains the infoThation required lo be provided in the Trustees, Annual Report under the Statement of Recommended Practice ISORPI guidelines. The Iruslees of the company are also charity trustees for the purpose of charity law and under the company's constitution are known as members of the board of trustees. In this report the Iruslees of The Emmanuel Church Lurgan Trust present a summary of its purpose. governance, aclivilies, achievements and fInanS for the financral financial year 31 December 2023. The charity is a registered eharity and hence the report and results are presented in 8 form which complies with the requirements of the Companies Act 2006 and. although not obliged to comply with the Slalemenl of Recommended Practice applicable in the UK and Republic of Ireland FRS 102. the organisation has implemented its recommendations where relevant in these financial slalemenls. Review of Actlvities. Achigvements and Performance Summary of Activities CHURCH COMMUNITY The primary gathering point for our church community is a Sunday morning with around 600 adults gathering across 2 services. A key element of creating Spa for our church family is beeen these setw15 over tea, coffee and snacks. We continue to gather on the first Sunday evening of each month for our'seek First, worship space and meet bi-weekly for prayer on a Wednesday night. On these night we join our Portadown Church. We have continued in our primary calling of discipleship, while continuing to dedicate babies, baptise believers. marry and bury people. Endeavouring to do all of these in a context of love, dignity and family. We continually endeavour to engage with ourwider community demonstrating the love of God in words and actions. At both Easter and November half term break we bless the local community with gifts arounL% doors and havè organised community events such as firework displays and community fun days. LIFE GROUPS With the larger numbers of people gathering on Sundays. Life groups are a key way ftir us lo be able lo connect in smaller numbers and allow people lo build intentional relationships. An African proverb says. "If you want lo go fast, go alone. If you want to go far, go togetherf, Around a third of our church members are engaged with life group. with 8 hope of seeing this increase in the futu. PASTORAL CARE As a chuTch. we desire lo have a robust paslordl care system. which ensures that people a red for thoroughly. We have a staff member lo coordinate and oveTr8e these processes specifically. while our pastors and pastoral care team ou01k everything on the ground. Lrfe groups Imenlioned in the section above) provide a primary fom of pastoral care, with group leaders able lo feedback information lo church leadership, of issues of djfficullies which arisen in the lives of those connected lo their groups. KIDS Kingdom Tots l Junior5 1 Kids All Sunday Kids environments have been bursting with energy this year ès we seek lo love and inspire the next generation. Environments are provided for kids aged from 15 months lo P7, that include stories from the Bible. worship. memory verses, games. crafts, prayer stations, as well as free & sensory play ft)r our youngest Kingdomer5. Kingdom Kids {P1-71 have had a focus on Heroes of the Bible from Hebrews 11 and Women of the Bible. There is an average of 90 kids coming through the programme each Sunday moming. Meanwhile Kingdom Tots & Juniors have worked their way through a number of series 'Kids like me,. 'I'm thankful for, and 'Women of the Bible,. Numbers have been capped at 12 in each room for each service because of room & leader capacity- JUNIOR DROP IN Junior Drop In is an environment provided for children in P4-P7. 11 has the purpose of having food, fun. for the kids to make friends from other schools. to gel support with their homework with the help of our volunteers. This environment is also ulilised as an access point for kids lo be welcomed intr) church as for many of these children. it was their first ontacl point with Emmanuel. From this environment, many of our kids start attending our Friday night and Sunday environments. We have between 15-20 who attend weekly from a range of different schoois.
The Emmanuel Church Lurgan Trust IA company Ilmlted by guarantee. not havin9 a share capital) TRUSTEES, ANNUAL REPORT for the financral year ended 31 December 2023 TINY TOTS Tiny Tots is an environment that provides a place for parents and carers to bring their children, from the age of O- pre- school.11 continues to grow with new families attending each week. There is an average attendance of 45 adults & 60 kids, with the majority of parenlslcarers attending Tiny Tols only having a connection lo Emmanuel Church through this minisl This is on ossible because of the stron dedicated VDlunleer team which has really grown this season. OOJ QUEST & IMPACT Quest and Impact is an environment that is provided for children in P1 P7 which runs every Friday night. Quest is for children in P1-P3, and Impact is for P4-P7. The putpose of our Friday nights is to promde a structured programme with a more striped back, casual approach after the kids finish off a full week of school. Here. the kids leam more about the Bible in a fun and interaelive way.. and enjoy playing with their friends in a safe environment. This year we have gone through 'the parables. and 'fruit of the spirit,. With 76 children attending each week it is easy to say, Friday nights are the highlights of the week for many children & leaders alike. We are so thankful for the dedicated team of 15 leaders who weekly give up their Friday nights lo pour into our kids. LOCAL SCHOOLS 11 has been wonderful to wot1( closely with some of our local schools throughout the year taking assemblies in Kings Park, Carrick. Lurgan Model. Tandragee and Moir8 Primary schools. We have had an excellent opportunity lo partner with Aspire & Reach, which has given us extra lime in our schedules lo give hours towards Carrick on a weekly basis. We had an excellent time h¢sting the Transition Week for P7's with our loeal primary $¢hoo15 in June. KIDS LIFE GROUPS Our P6 & P7 Life group is an environment whleh involves.. connecting with peers, playing games. praying for each other, and reading the Bible together_ We have generated an average attendance of 45 kids biweekly which creates a positive atmosphere of healthy learning and development within our kids who are seeking it. We had a sleepover in church with this environment for the purpose of providing the kids with preparation before going on our yearly iesidential as many of them have never stayed ovemight away from home before. After this. our P6 & P7 Life group look off lo Kilbroney in May for the residential to wheTe they had a fantaslie time building friendships. challenging fears, and seekin Jesus.
The Emmanuel Church Lurgan Trust IA Company limited by guarantee, not having a share capttall TRUSTEES. ANNUAL REPORT for the financial year ended 31 December 2023 Other Events EASTER KIDS WEEK In April we hosted our annual Easter KKJS Week. This yeals theme was 'Kingdom Rock- Where Kids Stand Strong For God,. We had so much fun as we opened the doors lo 110 kids and 42 volunteers. NUA A large team of kids. volunteers were involved in organising and running the kids environments at NUA in June. it a fun packed weekend with an island theme called 'OHANA'. JUNIOR KIDS WEEK In July we have a 3-day kids weeks for those going into nurserylP1. We had lots of fvn through free play. bible stories, games and sensory play. KIDS WEEK We had our annual Kids Activity Week in August where 100 children look part in either a 5POrts or arts program. as well as engaging in Bible lessons. On the Thursday night of thi$ week, we hosted a family night for the chitdren that were involved in the Activity week. SUMMER ACTWITY DAYS Over summer we hosted 4 activity days lo allow kids together. build relationshi s and have fun. HOME FOR GOOD SUMMIT We had the privilege of providing the kids programme for P1-7 at the annual Home for Good Summit. Our heart is very much for family. In 2023. 19 babies were born into our church family and New Baby Hampers were delivered lo these families. 17 babies were dedicated into the church family. This year it has been too great lo create more spaces to support families in the wider sense and with that in mind we started a new ministry called'mini Mornings. that happens once a lem and allows Ih05e with young families lo gather on a Saturday morning for fellowship. We were also pleased to see our fostering & adoption support group make a return to meeting every 6 weeks. Local Mission I Compassion CONNECT CAFÉ Connect cafe plays a vital role in our weekly activities where our local Community can drop in for a cuppa and a chat and access the help they require. Up to 70 people aecess thi$ weekly with various levels of need. We continued with our lunch club once 8 rnonlh in response lo the current cost of living crisis, providing a hol meal on a Wednesday after Connect Cafe 12- 1. Once again these proved very popular with approx. 40- 50 people each week, providing a warm space and a meal. The end of the year was celebrated with our Christrnas dinner when 150 people gathered for a traditional Christmas dinner followed by games and entertainment. 11 was such a highlight of the year.
The Emmanuel Church Lurgan Trust IA cornpany limtted by guarantee, not having a share ¢apltall TRUSTEES. ANNUAL REPORT for the financial year ended 31 December 2023 Buggy Push runs alongside Connect Cafe where new mums Can gather lo go for a walk together and come back lo the cafe for a cuppa and a chal. This has proven to be a lifeline for many of these new mums to gel out of the house and chat about the ehallenges they are facing at this stage of life. EMMANUEL ¥1 MEN'S DROP-IN Men's drop-in has continued lo thrive promding a space for men to form relationships and connect with others. These have been great limes with up lo 40 men coming weekly for breakfast baps, pool eompelitions, games, and chat There has been a real community built duiin9 these times with many telling us this is the highlight of their week. RENEW Renew continues lo thrive and clothed over 350 people within our local community this year. We ran clothing initiatives alongside thi5 e.g. winter coat drive where everyone who needed one was able to avail of a winter coat, Christmas pyjama appeal where all of our children connected with our Pantry received their Christmas pyjamas and our annual School Unifomi Exchange where 6 local schools participated and over 2000 items of clothing was redistributed. FOODBANK In 2022 we issued 70 foodbank vouchers feeding 157 people. FREEDOM FOOD PANTRY Freedom Foods Pantry celebrated its 2nd Birthday. Inthere a Foodbank parcel is an emergency response the Pantry offers a more longer teun approach supporting familtes to make a change in their current situation and helping them with a more holistic approach. This year we have had 150 new member households with 1607 pantry visits. An important aspect of the work in the Pantry is the wrap around services and signposting to enable people lo help themselves out of the situation they find themselves in e.g. budgeting. benefit assistan. debt planning elc as well as practical support in running cooking courses elc lo help educate families on making healthier food Choices and 9iving essential cooking skills. 'ILII.'
The Emmanuel Church Lurgan Trust IA company limited by guarantee, not having a share capitsll TRUSTEES. ANNUAL REPORT for the financial year ended 31 December 2023 ENGLISH LESSONS English lessons continue to thrsve and this year we had over 75 students enrolled with 3 levels being taught and great team of volunteers. There are 13 countries represented within these classes from Ukraine- Afghanistsn. This is an amazing ministry helping people who have come to Ih4s country to thrive within our local community. CHRISTMAS SUPPORT PROGRAMME At Christmas we delivered 150 hampers lo our Pantry membeis and prowded 10 children with their Christmas gifts. This year we built upon the success of the previous year with our children's Christmas saving scheme helping families save for their children's gifts from September- December and 47 children where saved for through this scheme. We have really seen the benefits of this initiative not only for Christrnas savings but instilling saving habits in our members and this is something we will eontinue to do annually. Local businesses and schools partnered with us this year again by reIvIng donations of food at their premises and through financial gifts. Gift bags containing (dressing gowns. sweets. hats. loilelries etcl were also given lo young adults in Bocombra residential home and 150 children linked to local charity Aspire received Christmas gifts. This year our local football club again collected over200 pairs of children pyjamas. and these were gnien out alongside the children's gifts. COURSES In addition to our weekly activities we have various courses that run throughout the year in response to need. This year we ran Well being Journey courses, Hope Rising {for people struggling with mild depression and anxiety} and Transform your trolley in house as well in conjunction with a local football team (Lurgan Town) we ran a four week men's mentsl health programme which opened up great conversations and pathways of support for those that need it. Youth VITAL & COLLECTIVE Vital and collecb.ve are our discipleship environments on Friday nights. Vital and Collective are for young people from 11-18 and is an environment that welcomes young people from all backgiounds to have fun. build relationships and learn more about God. Young people have time lo hang out. eat food, play football and many other games together. There is an opportunity lo worship. encounter God and hear a tslk every week. Our theme this year was "Lifestyle matters. and our talks were mainly delivered by the youth team bul we also had some great guest speakers, whose input has been invaluable. In the last year vital was able to connect with over 339 different young people and engaged an average of 95 young people per week. During this year we took the young people on multiple trips including a weekend away lo Greenhill YMCA Our weekends were fulty booked bringing 85 on Vital and Collective residentials. It was a fantastic lime where young people deepened their relationships with peers and leaders. were free in theirworship and had life changing encounters with God. FUSE We managed to create Spa in the building to aecemmodate the detached young people who were being drawn lo OUT building. We mobilised a group of volunteers lo launch FUSE and how the leaders have created space to love these kids has been amazing. They look 15 on a trip, have been to their sports matches and have built good relationships over the year. Fuse engaged with 21 different young people. with an average of 9 young people attending per week. VITAL SUNDAY Vital Sunday is a space on Sunday momings for ages 11-14. The young people go The young people participate in a programme that is delivered in correspondenee with the leaching series in Church bul tailored lo their age. Vital Sunday engages roughly 40 young people each week over the services. We also run a youth believing and belonging course for the year 10s who are transitioning into chureh. Robbie and Pastor Phil facilitated this over tsvo Sunday evenings and it was very successful in teaching young people what church is. why church is important and what Emmanuel's Core values and beliets a. BANQUET Banquet is for those who we identify as young leaders, people who are maturing in their faith and want to give their all to God. This group is less about us teaching them and more of a space for them lo start hearing from God for themsefves. This means that there is specific focus on how tc read the bible as well as listening to Hoty Spirit. Banquet is also focused on leadership and aims to disciple young people so that they will disciple IheiT peers in tum. In 2023124 we had 8 young people who attended Banquet bi-weekly on Monday nights.
The Emmanuel Church Lurgan Trust IA company limited by guarantee, not havlny a share capital) TRUSTEES. ANNUAL REPORT for the financial year end 31 December 2023 DROP IN In 2023124, we had 193 different young people attend our Vitsl and Collecttve Drop Ins with an average of 50 per week. SCHOOLS WORK The youth team have coached football, rugby and hockey in Lurgan Junior high School and Lurgan College. We also ran Youth Alpha in CTaKJavon Senior High with 3 different classes and approximately 40 pupils, seeing s8lvation$. The youth team also gave some of their lime to volunteer with Reach mentoring. This was beneficial for Reach and for Emmanuel Youth as il gave us the opportunity lo be a presence in a wider range of 5¢hools. such as Luigan college and SL Ronan's. Emmanuel Youth team have also participated and Scripture Union and school assemblies throughout the year in various local school5. LIFE GROUPS In 2023124 we had 53 girfs and 29 boys regular attending a youth Life group. That is 82 young people regular attending a small group where they read the Bible, pray. and keep each other accountable in their walk with Jesus. PRAYER AND PANCAKES 6 to 7 young people eome lo thurch every Monday morning before school from 8.'00-9'.00am to start their week off in prayer. GLO In 2023 we iat) Easter and Summer Glo. This is an event where the youth groups from the local chur¢he$ Come together lo pray, worship, and setve the people of Lurgan together. We do things like gardening, community clean ups and area fun days. Ifs great lo watch young people from different churches work together lo serve and glorfy God. SIGNAL FIRES Signal Fires was birthed out of years of praying for young people and the nation of Ireland. We aim lo gaiher young people together from different backgrounds and denominations in unity lo worship Jesus. with the hope that what God does on these nights will spill over into their everyday lives, wherever Gi)d has positioned them. In partnership with 2417 prayer and other churches and organisalions. we were delighted to run Signal Fires in Lisbum. Sligo and Dublin this year. SUMMERACTIVITIES July and August 2023 we had 154 young people engaging in our summer programme. NUA We facililaled the youth programme at the NUA Festival alongside Lagan valley Vineyard. It was 8 fantastic weekend where God poured out his presence on the young people in a way we have never witnessed before. Many were filled with the Spirit and this moment has propelled them into a passionate pursuit of Jesus. Financial Review The Trustees are very satisfied with this set of financial results. The level of inGreasing income from our congregation in support of our mission continues to surprise and provide us with reassurance as to what we are doing. We continue to focus on our aims and objectives and concentrate our expenditure on those areas that will enhance and meet our objectives both in the short and medium lemi. Our net surplus of £51 k before depreciation underlines the controls and governance in Pla within our church. None of this would be possible without the countless volunteers that give freely of both their lime and their prayers and we are Iruely grateful and indebted to all of those people for all they continue to do. The trustees are continuing to work on updating the charitys reserve policy, and aim to create free unreslricled reserves equating to three months, running costs, which would be approximal8ly £130k in total. Financial Results Al the end of the financial year the charity has assets of £1.5S7,31312022- £1,588,403) and liabilities of £61,33712022 £63.6871. The rtet assets of the charity have decreased by £128,740) . Reference and Admlnlstratlve detalls Organisation The Board of Directors administers the charity. The Board meets al least monthly lo manage the day to day affairs and operations of the charity. Appointrnenl of Director As described in the Articles of Assoeiallon. a new director may be eligible for appointsment if 21 days before the annual general meeting, written notice is deposited with the registered office of the intended proposal. signed by a member and signed by the person to be proposed, so as to indicate their willingness to be elected.
The Emmanuel Church Lurgan Trust IA company limited by guarantee, not having a share ¢apltall TRUSTEES. ANNUAL REPORT for the financial year ended 31 December 2023 Director Induction & Training New Directors are briefed on their legal obligations under charity and company law. the content of the Memorandum and Articles of Association. the Board and decision making processes and renI financial perfomiance of the charity. Directors are encouraged to Mew the Charities Commission website so as to gain a full understanding of their roles and responsibilities. Risk Management The Directors have a risk management strategy which comprises an annual remew of the risks the company faces. the establishment of systems and procedures lo mitigate those risks identified and the implementation of procedures designed lo minimise any potential impact on the company. Trustees The trustees who seNed throughout the finaneial year, except as noted, were as follows- Alan John Emerson Robert Mccullough Alain Emerson Leech Christopher Robert George Jonathan Andrew Beggs In accordance with the Articles of Association. the Iruslees retire by rotation and. being eligible, offer themselves for re- election. The secretary who served during the financial yearwas-. Leonard Adamson Compliance with Sector-wide Legislation and Standards The Charity engages pro-actively with legislation, standards and codes which are developed for the sector. The Emmanuel Church Lurgan Trust subscribes to and is compliant with the following.. The Companies Act 2006 The Charities SORP IFRS 1021 Public Benefit In seth.ng our objectives and planning our activities for the year the trustees have given careful consideration to the Chaiity Commission for Northem Ireland's slalutory guidance on public benefit lo ensure that the activities have helped achieve the charity purposes and provide a benefit lo the beneficiaries. The Auditors The auditors. Daly Park & Company Ltd, (Chartered Accountsn151 have indicated their willingness lo continue in office in accordance with the provisions of Section 485 of the Companie5 Act 2006. Approved by the Board of Trustees on 28 June 2024 and slgned on its behalf by: Alan John Emerson Trustee Wanvlck Mccullough Trustee 10
The Emmanuel Church Lurgan Trust IA company limit$d by guarantee, not having a share capital) STATEMENT OF TRUSTEES. RESPONSIBILITIES for the financial year ended 31 December 2023 The Iruslees, who are also directors of The Emmanuel Church Lurgan Trust for the purposes of company law, are responsible for preparing the financial statements in accordance with applicable law and regulations. Company law requires the Iruslees as the directors lo prepare financial statements for each financial year. Under that law the trustees have elected lo prepare the financial ststemenls in aceordance with United Kingdom Generally Accepted Accounting Practice Iuniled Kingdom Accounting Standards and applicabie lawl including FRS 102 "The Financial Reporbng Stsndard applicable in the UK and Republic of Ireland" Section 1A {Small Entiliesl. Under company law the trustees musl not approve the financial slalements unless they are satisfied that they give a true and fair view of the slate of affairs of the company and of the surplus or deficit of the company for that period. In preparing these financial statements, the Iruslees are required lo.. select suitable accounting policies and apply them ¢onsislenVy,' observe the methods and principles in the Charities SORP make judgements and accounting estimates that are reasonable and prudent,. stste whether the financial statements have been prepared in accordance with applicable accounting standards. identify those standards. and note the effect and the reasons for any material departure from those standards., and prepare the financial slalements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trltstees are responsible for keeping adequate aoUntIng records that are sufficient to show and explain the charity's transactions and disdose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial slalemenls eomply with the Companies Act 2006 and. They are also responsible for safeguarding the assets of the charity and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the Iruslees are aware: there is no relevant audit infomialion linfonnation needed by the charity's auditor in connectson with preparing the auditorfs report) of which the charity's auditor is unaware, and the trustees have taken all the steps that they ought to have taken as trustees in order to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that infom)ation. Approved by the Board of Trustees on 28 June 2024 and slgned on Its behalf by: Alan John Emerson Truslee Warwlck Mccullough Trustee 11
INDEPENDENT AUDITOR'S REPORT to the Members of The Emmanuel Church Lurgan Trust IA company limited by guarantee. not havlng a share capital) Report on the audlt of the financial statements Opinion We have audited the charity financial statements of The Emmanuel Church Lurgan Trust I'lhe charity'l for the financial year ended 31 DecembeT 2023 which comprise the Slalement of Financial Aclivilie$ {incorporaling an Income and Expenditure Accounll. the Balance Sheet, the Ststemenl of Cash Flows and notes lo the financial statements, including the summary of significant accounting policies sel out in note 2. The financial reporting framework that has been applied in their Preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", applying Section 1A of that Standard and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102. In our opinion. when reporting in accordan with a fair presentstion framework the financial ststemenls.. give a true and fair view of the state of the charity's affairs as at 31 December 2023 and of its deficitfor the financial year then ended., have been properly prepared in aceordance with United Kingdom Generally Accepted Accounting Practice,- and have been prepared in accordancewilh the requirements of the CompaniesAct 2006 and the Charities Act {Northem Ireland) 2008. Basls for oplnion Vve conducted our audit in accordan with Intemalional Stsndards on Auditin9 (UK} {ISA5 IUKII and applicable law. Our responsibilities under those standards are further described in the AuditOT'S responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with ethical requirements that are relevant lo our audit of the financial slalements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit ewdence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Conclusions relatlng to going concern In auditing the financial slalements. we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial slalemenls is appropriate. Based on the WO we have performed. we have not identified any material unrtaIntieS relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability lo continue as a going conrn for a period of at least e1ve months from the date when the financial statements are authorised for issue. Our responsibilities and the Tesponsibililies of the trustees with respect to going concern are described in the relevant sects'ons of this report. Other Information The other information comprises the information included in the annual report ether than the financial statements and our Auditor's Report thereon. The Itustees are responsible for the other information contained within the annual report Our opinion on the financial ststements does not cover the other information and. except to the extent otherwise explicitly slated in our report. we do not expre$5 any form of assurance conclusion Ihereon. Our responsibility is lo read the other infonnation and. in doing so. consider whether the other InfonatIon is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit. or otherwise appears lo be materially misststed. Ifwe identify such material inconsistencies or apparent material mi5slalements, we are required to detemine whether this gives rise lo a material misstatement in the financial ststemenls themselves. If, b85ed on the WOTk we have performed, we conclude that there is a material misstatement of this other information, we are required to Teport that fact. We have nothing lo report in this regard. Opinion on other matter prescribed by th9 Companies Act 2006 In our opinion. based on the work undertaken in the course of the audit.. the infoTrnalion given in the Tnjstees, Annual Report for the financial year for which the financial slalemenls are prepared is consistent wth the financial statements,. and the Trustees. Annual Report has been prepared in accordance with applicable legal requirements. 12
INDEPENDENT AUDITOR'S REPORT to the Members of The Emmanuel Church Lurgan Trust IA ¢ompany limlted by guarant••, not having a share capltall Matters on whlch we are required to report by exception In the light of our knowledge and understanding of the charity and its environment obtained in the course of the audit. we have not identified material misslalemenls in the Tnjstees, Annual Report. We have nothing lo report in respect of the following matters where the Companies Act 2006 requires us lo report lo you if, in our opinion.. adequate accounting recoTds have not been kepl-, or the financial slalemenls are not in agreement with the accounting records and retums. or certain disclosures of Iruslees, remuneration specified by law are not made.. or the trustees were not enlilled lo prepare the financial statements in accordance with the small companies regime and lake advantage of the small companies, exemption in preparing the Trustees, Annual Report. Responsibllltles of trustees for the financial statements As explained more fully in the Ststement of Trustees. Responsibilities set out on page 7, the trustees are responsible for the preparation of the financial slalements and for being sats'sfied that they give a true and fair view. and for such internal control as they detemiine is necessary lo enable the preparation of financial statements that are free from material misstatement. whether due to fraud or error. In preparing the financial statements, the Iruslees are responsible for assessing the charity's ability lo continue as a going concern. disdosing, as applicable. matters related to going concern and using the going concem basis ol accounting unless management either intends lo liquidate the charity or to cease operations, or has no realistic alternative but to do so. Auditor's responsibilitlgs for the audit of the flnancial statements Our objectives are lo obtain reasonable assurance about whether the financial slalements as a whole are free from material misstatement. whether due lo fraud or error, and to issue an Audilorfs Report that includes our opinion. Reasonable assuran is a high level of assuran. bul 15 not a guarantee that an audit conducted in accordance with ISAS {UK} will aayS delecl a material misstatement when il exists. Misstatements ean arise from fraud or error and are considered material if, individually or in the aggregate, they Could reasonably be expected lo Influen the economic decisions of users taken on the basis of these financial statements. Irregularities, including frdud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above. to delect material misstatements in respect of irregularities. including fraud. The extent lo which our procedures are Capable of delecling irregularities, including fraud is detailed below.. There is an inherent drfficulty in detecting irregul8ri1ies during audit However the effectiveness of entity's controls, the nature and extent of audit procedures performed. gives us confidence in detecting irregularities. Further infom)atlon regarding the scope of our rgsponsibilities as auditor As part of an audit in accordance with ISAS {UK), we exercise professional judgement and maintain professional scepticism throughout the audit. We also-. Identify and assess the risks of material misstatement of the whether due to fraud or error. design and perfomi audit procedures responsive to those risks, and obtain audit eviden Ihal is sufficient and appropriate lo provide a basis for our opinion. The risk of not detecting a material misslalement resulting from fraud is higher than for one resulting from etror. as fraud may involve collusion, forgery, intentional omissions, misrepresenlab'ons. or the override of internal control. Obtain an understanding of inlemal control relevant lo the audit in grder to design audit procedures that are appropriate in the circumstance5, but not for the purpose of expressing an opinion on the effectiveness of the Charity's intemal control. Evaluate the appropriateness of accounting policie5 used and the reasonableness of accounting estimate5 and related disclosures made by trustees. Conclude on the appropriateness of the Irusleos. use of the going concem basis of accounting and, based on the audit evidence obtained, whether a material uneertainty exists related lo events or conditions that may cast signifieant doubt on the charity's ability to continue as a going concern. If we conclude that a material uncertainty exis15, we are required lo draw attention in our Audilols Report lo the related disdosures in the financial statements or, if such disclosures are inadequate, lo modify our opinion. Our conclusions are based on the audit evidence obtsined up lo the date of our Auditor's Report. However. future events or ¢ondilions may ¢au5e the the charity to cease to continue as a going concern. Evaluate the overall presentstion, structure and content of the firtancial statements, ineluding the disclosures. and whether the financial slalements represent the undertying transactions and events in a manner that achieves fair presentation. 13
INDEPENDENT AUDITOR'S REPORT to the Members of The Emmanuel Church Lurgan Trust IA company limited by guarantee. not havin9 a share capltsll We communicate with those charged with govemance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we idents'fy during our audit. Ruairi Maglnn I for and on be DALY PARK PANY LTD Chartered Accountsnls and Slalulory Auditors 4 Carnegie Street Lurgan Craigavon County Armagh BT66 6AS Northern Ireland ior Statutory Auditor) 28th June 2024 14
The Emmanuel Church Lurgan Trust IA company limited by guarantse, not havlng a shar• capital) STATEMENT OF FINANCIAL ACTIVITIES Ilncorporating an In¢ome and Expenditure Accounti for the financial year ended 31 December 2023 Unrestricted RgStri¢ted Funds Funds 2023 2023 Total Unrestricted Restricted Funds Funds Funds 2023 2022 2022 Total Funds 2022 Notes Incomlng Resources Voluntary Income Activities for generating funds Investrnents 835.523 68.531 835.523 68,531 712.918 41,430 22.S98 735.S16 41.430 3,583 3,583 Total incomlng resourcgs 907.637 907.637 754.348 22,598 776.946 Resources Expended Charitable activities 918,506 17.871 936,377 919,405 10,593 929,998 Net incomingloutgoing resources before transfers 110,8691 117.8711 128.7401 {165.057} 12,005 1153,0521 Gross transfers beeen funds 142.4631 42.463 Net movement in funds for the financial year 110,8691 117,8711 128.7401 (207.520} 54,468 1153.0521 Reconciliatlon of funds: Total funds beginning of tho year 14 1A44,055 80,661 1,524,716 1,651.575 26,193 1,677,768 Total funits at the end of the year 1,433,186 62,790 1.495.976 1.444.055 80.661 1.524,716 The Statement of Financial Activities includes all gains and l¢s$es re¢ognised in the ffnancial year. All income and expendiluie relate to continuing actNilies. The notes on pages 18 to 22 forrn part of the finanal 5taternent5 15
The Emmanuel Church Lurgan Trust IA company Ilmlted by guarant88, not havin9 a sharo ¢apitall Company Number.. N1628845 BALANCE SHEET as al 31 Dember 2023 2023 2022 Notes Flxed Assets Tangible assets 1,267.308 1.340.369 Current Assets Debtors Cash at bank and in hand 10 11 40,051 249.954 54,601 193,433 290,005 248.034 Credltors: Amounts falllng due wlthln one year 12 161,337) {63.6871 Net Current Assets 228.668 184,347 Total Assets less Current Liabi1Stles 1,495,976 1.524.716 Funds Restricted trust funds Designated funds Iunrestricled} General fund lunreslricledl 62.790 1,267,308 165,878 80,661 1,345,341 98.714 Total funds 14 1,495,976 1,524,716 The total unrestricted funds includes a revaluation reserve of £65247012022 - £6524701 These financial slalements have been prepared in accordance with the special provisions relating lo small companies within Part 15 of the Companies Act 2006. The financial statements have been prepared in accordance with the provisions applicable lo companies subject lo the small companies. regime and in accordance with FRS 102 "The Financral Reporting Standard applicable in the UK and Republic of Ireland" applying Section 1A of that Standard. Approved by the Board of Trustees and authorised for issue on 28 Juno 2024 nd slgned on Its behalf by Alan John Emerson Trustee Warwick McCullou9h Trustee The notes on pages lg to lonn part ofthe financial 5t8tements
The Emmanuel Church Lurgan Trust STATEMENT OF CASH FLOWS for the financial year ended 31 December 2023 2023 2022 Notes Cash flows from operating activities Nel movement in funds Adjustments for.. Depreciation Interest receivable and similar income (28,7401 1153.0521 80.224 13,5831 78.850 47,901 {74,202} Movements in working capital.. Movement in debto Movement in creditors 14,550 12.2261 136,4951 34,058 Cash generated fromllused inl operations 60,225 176,8391 Ca$h flows from investlng actlvltles Interest received Payments to acquire tangible assets 3,583 (7.1631 114,9131 Nel cash used in investment activities 13.5801 114,9131 Cash flows from financing activltles Advances from subsidi8rieslgroup companies {124) 3,549 Net increasel{decreasel in cash and cash equivalents Cash and cash equivalents at the beginning of the year 56,521 193.433 188,0031 281.436 Cash and cash equivalents at the end of the year 249,954 193.433 17
The Emmanuel Church Lurgan Trust IA company Itmited by guarantee, not having a share eapitall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 December 2023 GENERAL INFORMATION The Emmanuel Church Lurgan Trust is a company limited by guarantee incoTporaled in Northern Ireland. The registered Offi of the company is 23a Castle Lane. Lurgan, Co. Amagh. BT67 9BD, Northern Iieland which is also the principal place of business of the company The financial statements have been presented in Pound 1£) which is also the fvnctional currency of the company. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting poliaes have been applied consistently in dealing with items which are considered material in relation to the chaThty's financial statements. Basis of preparation The financial statements have been prepared on the going concern basis under the historical cost convention. modified to include certain items al fair value. The financial ststements have been prepared in accordance with the Statement of Recommended Practi (SORPI "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" applying Section 1A of that Standard. As permitted by the Companies Act 2006, the charity has varied the standard fonnats in that act for the Slalement of Financial Activities and the Balan Sheet. Departures from the standard formals are to comply with the requirements of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of that SORP. Statement of compliance The financial ststements of the charity for the financial year ended 31 December 2017 have been prepared on the going conrn basis and in accordance with the Statement of Recommended Practice ISORPI "Accounting and Reportin9 by Charities preparing their aeeounls in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" applying Section 1A of that Standard. Incoming Resources Voluntsry income or capital is included in the Ststemenl of Financial Aelivities when the charity is legally enlilled lo it, its financial value can be quanlrfied with reasonable rtaInty and there is reasonable certainty of ils ultimate receipt. Entillemenl to legacies is considered established when the charity has been notified of a distribution to be made by the executors. Income received in advance of due performance under a contract is accounted for as deferred income until earned. Grants for actiwties are recognised as income when the related conditions for legal entillemenl have been mel. AJI other income is accounted for on an a¢¢ruals basis. Resources Expended All reSoUrS expended are accounted for on an accruals basis. Charitable activities include costs of services and grants. support costs and depreciation on related assets. Costs of generating funds similarly include fundraising activities. Non-slaff costs not atlfibuled to one category of activity are allocated or apportioned pro- rala to the staffing of the relevant service. Finan, HR, IT and administrative staff costs are directly attributable lo individual activities by objective. Govemance costs are those associated with conslilulional and statutory requirements. Tanglble fixed assets and depreciation Tangible fixed assets are slated al cost or at valuatfon. less accumulated depreciallon. The eharge lo depreciation is calculated to write off the ortginal cost or valuation of tangible fixed assets. less their estimated $idual value, over their oxpecled useful lives as follows.. Land and buildings freehold Plant and machinery Fixture5. fittings and equipment 4% Straight line 25% Slraighl line 25% Slraighl line Debtors Debtors are recognised at the Settlement amount due after any discount offered. Prepayments ¥r8 valued at the amount prepaid nel of any trade discounts due. Income recognised by the the charity from government agencies and other co-funders, but not yet received al year end, is included in debtors. Ca$h at bankand in hand Cash at bank and in hand comprises cash on deposit at banks requiring less than three months notice of withdrawal. 18
continued The Emmanuel Church Lurgan Trust IA company limited by guarant•e, not having a share capitsll NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 December 2023 Taxation and deferred taxation No current or deferred taxation arises as the charity has been granted charitable exemption. Irrecoverable valued added lax is expensed as incurred. INCOME DONATIONS AND LEGACIES Unrestricted Restricted Funds Funds 2023 2022 Voluntsry Income 835.523 835.523 735.516 OTHER TRADING ACTIVITIES Unrestricted Restricted Funds Funds 2023 2022 Activities for generating funds 68.531 68,531 41.430 INVESTMENTS Unrestricted Restrlcted Funds Funds 2023 2022 Investments 3.583 3,583 EXPENDITURE CHARITABLE ACTIVITIES Direct Costs other Costs Support Costs 2023 2022 Cost of Charitsble Aclimties 936.377 936,377 929,998 SUPPORT COSTS Charitable Activities 2023 2022 Missions Support Costs Depreciation Church Ministry & Outreach 49.487 159.206 80.224 647.460 49,487 159,206 80.224 647.460 42,472 150.789 78,850 657.887 936,3TI 936,377 929,998 ANALYSIS OF SUPPORT COSTS 2023 2022 Missions Support Costs Depreciation Church Ministry & Outreach 49.487 159,20fj 80.224 647.460 42,472 150,789 78,850 657,887 936,377 929.998 NET INCOMING RESOURCES 2023 2022 Net Incoming Resources are Stated after chargingl{creditlngl- Depreciation of tangible assets 80,224 78.850 19
continued The Emmanuel Church Lurgan Trust IA company limited by guarantee. not having a share capltall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 December 2023 INVESTMENT AND OTHER INCOME 2023 2022 Bank interest 3,583 EMPLOYEES AND REMUNERATION Numberof employees The average number of persons employed (induding executive Irusleesl during the financial year was as follows.. 2023 Number 2022 Number Employees 16 The staff costs compri8e: 2023 2022 Wages and salaries Pension costs 394.890 7.736 328,842 5,802 402.626 334,644 TANGIBLE FIXED ASSETS Land and buildings freehold Plant and Fixtures, machinery fittings and equipmont Totsl Cost Al 1 January 2023 Additions 1,906.049 34,976 122,939 7,163 2.063,964 7.163 At 31 December2023 1,906,049 34.976 130.102 2.071.127 Depreciation At 1 January 2023 Charge for the financial year 593.072 62.341 27,764 5.935 102,759 11,948 723,595 80.224 Al 31 December 2023 655,413 33.699 114,707 803.819 Net book value At 31 Dember 2023 1,250.636 1,277 15,395 1,267,308 At 31 December 2022 1.312.977 7.212 20,180 1,340,369 10. DEBTORS 2023 2022 Trade debtors PTepaymenls and accrued in¢ome 32,027 8,024 52,031 2.570 40,051 54.601 20
continued The Emmanuel Church Lurgan Trust IA company Ilmited by guarantee. not ha¥lng a Sharè capital NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 December 2023 11. CASH AND CASH EoufvALENTS 2023 2022 Cash and bank balances Cash equivalents 96,371 153,583 193,433 249.954 193.433 12. CREDITORS Amounts lalling dug Within one year 2023 2022 Trade creditors Amounts owed to connected parties (Note 161 Taxation and social security costs Aceruals and deferred income 32.329 6,176 11.018 11,814 32,157 6,300 9.218 16,012 61.337 63,687 13. RESERVES Revaluatlon reserve Funds Total At the beginning of the year Deficit for the financial year 1652.4701 2.177.186 128,7401 1,524.716 128.740) Al the end of the year (652.4701 2,148,446 1.495.976 14. FUNDS 14.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted Restricted Funds Funds Totsl Funds At 1 January 2022 Movement during the financial year 1,651.575 1207.5201 26.193 54.468 1.677,768 1153,0521 At 31 December 2022 Movement during the financial year 1,444.055 110,8691 80,661 {17,8711 1,524.716 128.740} Al 31 December 2023 1.433.186 62.790 1.495,976 21
onlinued The Emmanuel Church Lurgan Trust IA company lirntted by guarantee. not having a share capitall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 December 2023 14.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 January 2023 Income Expenditure Transfers Balance between 31 December funds 2023 Restricted funds Restricted- Projects Restricted- All Churches Trust 79,441 1,220 16.651 1,220 62,790 80,661 17,871 62.790 Llnrestrictsd funds Unrestricted- Emmanuel Africa Unrestricted - Propety Reserve Unrestricted General 4,972 1,340,369 98.714 4.972 173,0611 73.061 1,267.308 165,878 907.637 913.534 1,444,055 907.637 {918.506} 1.433.186 Total funds 1,524,716 907,637 936.377 1,495,976 1S. STATUS The charity is limited by guarantee not having a share capital. The liability of the members is limited. Every member of the company urKlertakes lo contribute to the assets of the company in the event of its being wound up while they are members. or within one year thereafter, for the payment of the debts and liabilities of the company contracted before they ceased lo be members, and the costs, charges and expenses of winding up, and for the adjustment of the rights of the conlributots among themselves, such amount as may be required, not exceeding £ 1. 16. RELATED PARTY TRANSACTIONS The following amounts are due to other connected parties-. 2023 2022 6.176 6,300 ECF Trust is a Related Party, operationg and registered in Northem Ireland. At the year end £6.176 15 owed to ECF Trust for mangement serViS provided lo The Emmanuel Church Lurgan Trust. At the year end £2,550 was also owed from ECF Trust for Se5 provided by The Emmanuel Lurgan Chuich Trust. During the year £72.498 was donated from The Emmanuel Church Trust lo ECF Tiust Building Fund. £3.930 was reimbursed to a Trustee for travel, mobile phone and other expenses. These expenses were incurred in connection with the exerase of their powers and discharge of their duties in relation to the charity. as allowed under the charity's Memorandum and Artides ofAsso¢iation. 17. POST-BALANCE SHEET EVENTS There have been no significant events affecting the Charity Sin the financial year-end. 18. TRUSTEE REMUNERATION None of the Trustees reiVed or waived any kind of remuneration for their ServIS as Tfustees during the Current or previous financial year. 22