Moira Pentecostsl Church TRUSTEES. REPORT for the financial year ended 31 Marth 2024 The liustees present IheirTruslees' Report and the unaudited financial slatements for the financial yearended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities". Statement of Recommended Practice applicable lo chattlies prepaitng their accounts in accordance wlh Ihe Financial Report¢ng Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)- Mission, Objectives and Strategy Objectives The charitable purpose of Ihe church is the advancement of lIgiOn. The church is engaged in the propagation of the Christian faith and lo spread the gospel of Jesus Christ as revealed through the Holy Scriptures by all means of communication. The church also aims, lo provide for preaching. leaching and fostering the growih of the Christian religion in Moira and other such places as the trustees may decide and to licence and ordain pastors and ministers- to cary out the work of evangelism., lo promote missionary work in all places., to carry on the organisalion of churches and foster their development and local sovereignty and independence. To stand possessed of premises forming part of the trust fund to allow same to be used as a place for public worship to God and for preaching the gospel of our Lord Jesus Christ according to the principals and usages of the Church As a result of activity in the pursutt of the advanMent of the Christian religion. the Church has custody of propety and records. materials and artefacls of significance to the cultural and religious heritage and maintenance of which is undertaken by the Iruslees of the Parish Structure, Governance and Management Structure The trustees are responsible for the day-to4ay management of the Church. The board ol Iruslees is chaired by the pastor. Trustees arE responsible for making decisions on matters of general concern and importance lo the church. including deciding how church fijnds are to be applied. The trustees meel regularty throughout the year. Special meelings may be convened al any tirne by the chairporson or by any trustee. During the year. the Trustees met 6 times dunng the year and the average attendance was 90Q Compliance with Public Benefit The Church has considered the Charity Cornmission for Northern Ireland's guidance on public benefit lo ensure that the activities entered into during the year have helped to achieve the Parish's objeGtives and aclivities. as well as providing public benefit. Governance The charity is controlled by its goveming document. a deed of Irust and constitutes an unincoiporaled charity. The Church's operation and govemance is defined by the Declaration ofTrust document dated 29 Juty 1991. Recruitment and appointment of new trustees. Where appropriate, trustees are appointed following a selecfion pro$$ undertaken by the existing trustees. The trustees will hold their positions until such times as they resign. retire or are removed. Tnjslee's records are updated on the charity commission website to represent these changes. Review of Activities, Achievements and Perforniance Purpose The prtncipal fvn¢tson of the Church is to support the a¢fvancement of the Christian religion by promoling the work ol the Church Ihe whole mission of Ihe Gospel. pastoral, social and evangelical. All the fvnclions of the Church relate lo the advancement of religion through holding regular worship and communrcating and caring for worshipers of all ages especially the sick. elderly and others in our communty-
Moira Pentecostal Church TRUSTEES, REPORT for the financial year ended 31 March 2024 Public Benefit The charity InJstees have complied with their dutie5 in line vith the Commission's Public Benefit slalulory guidance. Regular worship and reaching out inlo the community as well as other activities. both social and fundraising have been carried out throughout the year lo fulfill our ststement of public benefit. The premises a regularly used by various organisations and iocal community enterprises. Financial Review Going Concern The Ituslees have reviewed the financial position of the church and are satisfied that there are adequate frjnds in place lo ensure the Parish can continue its activities and the ffinancial statements for the year ended 31 Maich 2023 can be signed off a5 a going COnM Income During the year, freewill offertngs and gift aid recoveries have resulted in the total unrestricted income remaining consistent with the prior year Reslricled fund income has increased by £15.746 fdlowing a decrease in 2023 of £58.394. This increase is in some ways matched by the in¢rease in expenditure below. Expenditure The expenses of raising funds have increased by £43.668 P023, decrease of£40,723) and as in prioryears. the largest element of costs remain employment costs and the support of Ihe missions. Results At the end of the financial year the charity has assets of £735.138 {2023- £724.578) and liabilities of £18.71512023 - £16.380). The net assets of the charity have increased by £8,225. Reserves Position and Policy 11 is the p)licy of the church Ihal unrestricted funds. which have nol been designed for a specific use. should be mainlained at a level equivalent to behveen six and nine months expenditu_ The Iruslees consider that such reserves ensure that. in the event of a significant drop in income. they will be able to continue the church's aclNities while consideration is given to ways in which additional fvnds may be raised. The level of reseNes ha5 been maintained throughout the year. Approved by the Board of Trustees on 7 August 2024 and signed on its behalf by". S Goudy Trustee C Bloomfield Trustee
Moira Pentecostsl Church STATEMENT OF TRUSTEES, RESPONSIBILITIES for the financial year ended 31 March 2024 The trustees are responsible for preparing the finanaal statements in accordance with applicable law and regulations. The law applicable to charities in Northem Ireland requires the trustees to prepare financial ststements foreach financial year which give a true and fair view of the assets, liabilFtie5 and financial position of Ihe charity as at the financial year end date and of the surplus or deficit of the charity and otherwise comply with the Charitie5 Act {Northem lleland) 2008. In preparing these financial 51alements. the trustees are required to.. select suitable accounting policies and apply them con5iStendy- observe the Methods and pnnciples in the Charities SORP make judgements and accounting estimates Ihat are reasonable and pwdent.. slate whether the ffinanci statements have been prepared in accordan 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 statemenls on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees confirm that they have complied with the at(Ne requirements in preparing the financial statements. The trustees are responsible for keeping adequate accounting records that a sufficient to show and explain the charitys transactions and disclose with reasonable acLuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply wth the Charities Act {Northem Ireland) 2008. They are also responsible for safeguarding the assets of Ihe charity and hence for taking reasonable steps for the prevention and detection of fraud and other iiregularities. Approved by the Board of Trustees on 7 Au9USt 2024 and signed on its behalf by: S Goudy TTustee C Bloornfield Trnstee