Charity Number.. 102338 Moira Pentecostal Church Annual Report and Audited Financial Statements for the financial year ended 31 March 2025 Mccleary & Company Ltd Chartered Accountants Garvey Studios 14 Longstone Street LISBURN Co Antrim BT28 1TP
Moira Pentecostal Church CONTENTS Page Trustees, and Other Information Trustees, Report Statement of Trustees, Responsibilities Independent Auditor's Report Statement of Financial Activities 10 Balance Sheet ststement of Cash Flows 12 Notes to the Financial Statements 13-18 Supplementary Information relating to the Financial Slalements 20
Moira Pentecostal Church TRUSTEES. AND OTHER INFORMATION Trustees D Goudy C Bloomfield K Rollins S Goudy Pastor J Dick Charity Nurnber in Northern Ireland 102338 Principal Address 73 Main Street Moira Craigavon Co Armagh BT67 OLH Auditors Mccleary & Company Ltd Chartered Accountants GaNey Studios 14 Longstone Street LISBURN Co Antrim BT28 1TP
Moira Pentecostal Church TRUSTEES. REPORT for the financial year ended 31 March 2025 The Iruslees present their Trustees, Report and the audited financial statements for the financial year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and RepubliG of Ireland {FRS 102) {effeclive 1 January 20191. Mission, Objectives and Strategy Objectives The charitable purpose of the church is the advancement of religion. The church is eng8ged in the propagation ol the Christian faith and to spread the gospel of Jesus Christ as revealed through the Holy Scriptures by all means of communication. The church also aims to provide for preaching, leaching and fostering the growth of the Christian religion in Moira and other such places as the Iruslees may decide and to license and ordain pastors and ministers,. to carry out the work of evangelism.. to promote missionary work in all places; to carry on the organisation 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 principles and usages of the Church. As a result of activity in the pursuit of the advancement of the Christian religion. the Church has Custody of property and records. materials and artefacls of significance to the cultural and religious heritage and maintenance of which is undertaken by the trustees of the Parish. Structure, Governante and Management StTUCture The Iruslees are responsible for the day-to-day management of the Church. The board of trustees is chaired by the pastor. Trustees are responsible for making decisions on matters of general concern and importance to the church including deciding how church funds are to be applied. The trustees meet regularly throughout the year. Special meetings may be convened al any time by the chairperson or by any trustee. During the year, the Trustees mel 1 lime. and the attendance was 100010. Complian¢e with Public Benefit The Church has considered the Charity Commission 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 objectives and activities. as well as providing public benefit. Governance The charity is controlled by its goveming document, a deed of trust and conslitutes an unincorporated charity. The Church's operation and governance is defined by the Declaration of Trust document dated 29th July 1991. Recruitment and appointment of new trustees Where appropriate, trustees are appointed following a selection process undertaken by the existing trustees. The trustees will hold their positions until such times as they resign, retire or are removed. Trustee's records are updated on the charity commission website to represent these changes. Review of Achlevements and Performan¢e Purpose The principal function of the Church is to support the advancement of the Christian religion by promoting the work of the Church. the whole mission of the Gospel. pastoral. social and evangelical. All the function5 of the Church relate to the advancement of religion through holding regular worship and communicating and caring for worshipers of all ages especially the sick. eldedy and others in our community. Public Benefit The charity trustees have complied with their duties in line with the Commission's Public Benefit statlttory guidance. Regular worship and reaching out into the community as well as other activities both social and fundraising have been carried out throughout the year to fulfill our statement of public benefit. The premises are re ularly used by various
Moira Pentecostal Church TRUSTEES. REPORT for the financial year ended 31 March 2025 organisations and local community enterprises. Financial Review Going Concern The trustees have reviewed the financial position of the church and are satisfied that there are adequate funds in place lo ensure the Parish can continue its activities and the financial statements for the year ended 31 March 2025 can be signed off as a going concern. Income During the year. freewill offerings and gift aid recoveries have resulted in the total unrestricted income remaining consistent with the prior year. Reslricled fund income has increased by £111,631 following an increase in 2024 of £15,746. Expendlture The expenses of raising funds have increased by £45.03212024. increase of £43.668) and as in prior years, the largest element of costs remain employment costs and Ihe support of the missions. Results and Dividènds Al the end of the financial year the charity has assets of £786,73012024 - £735,138) and liabilities of £16,23912024 - £18,715). The net assets of the charity have increased by £54,068. Review of the Financial Position With the above movements in Income & Expenditure. the church has ¢ontinued lo support many missions during the period under review and remains in a significant financially liquid position. This underpins the Churchs ability lo continue in charitable operation. Reserves Position and Policy It is the policy of the church that UnstrICted funds, which have not been designated for a specific use. should be maintained at a level equivalent to between six and nine months expenditure. The trustees consider that such reserves ensure that, in the event of a significant drop in income. they will be able to continue the church's activities while consideration is given lo ways in which additional funds may be raised. The level of reserves has been maintained throughout the year. Approved by the Board of Trustees on 18 December 2025 and signed on its behalf by: SGOU Trustee e Bloom Trustee
Moira Pentecostal Church STATEMENT OF TRUSTEES. RESPONSIBILITIES for the financial year ended 31 March 2025 The Iruslees are responsible for preparing the financial statements in accordance with applicable law and regulations. The law applicable to charities in Northern Ireland requires the trustees to prepare financial statements for each financial year which give a true and fair view of the assets, liabilities and financial position of the charity as at the financial year end dale and ol the surplus or deficit of the charity and otherwise comply with the Charities Act (Northern Ireland) 2008. In preparing these financial slalemenls, the trustees are required to: select suitable accounting policies and apply them consistently., obseNe the methods 2nd principles in the Charities SORP., make judgements and accounting estimates that are reasonable and prudenl., state 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 st8ndards- and prepare the financial statements on the going concern basis unless it is inappropriate lo presume that the charity will continue in operation. The trustees confirm that they have complied with the above requirements in preparing the financial stalemenls. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charily's transactions and disclose with reasonable accuracy al any time the financi81 position of the charity and enable them lo ensure that the financial statements comply with the Charities Act (Northern Ireland) 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Board of Trustees on 18 December 2025 and signed on its behalf by: C Bloo Trustee eld Trus
INDEPENDENT AUDITOR'S REPORT to the Members of Moira Pentecostal Church Report on the audlt of the flnanclal statements Opinion We have audited the charity financial statements of Moira Pentecostal Church Ilhe charity'l for the financial year ended 31 March 2025 which comprise the Statement of Financial Aclivilies, Ihe Balan Sheet, the Slalemenl of Cash Flows and notes to the financial statements, including the summary of significant accounting policies set 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" 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 accordance with a fair presentation framework the financial statements.. give a true and fair view of the slate of the charity's affairs as at 31 March 2025 and of its surplus for the financial year then ended., have been properly prepared in accordance wllh United Kingdom Generally Accepted Accounting Practice- and have been prepared in accordance with the requirements of the Charities Act (Northern Ireland) 2008. Basis for opinion We conducted our audit in accordance with International Standards on Auditing {UKI {ISAs {UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor'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 to our audit of the financial statements 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 evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Concluslons relating to going concern In auditing the financial statements. we have concluded that the trustees, use of the going concern basis of accounting in Ihe preparation of the financial statements is appropriate. Based on the work we have performed. we have not identified any material uncertainties relating lo events or conditions that. individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from the dale when the financial statements are aulhorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Other Matters The financial statements for the previous period were not audited. There have been no changes to policies or procedures. Our test of opening balances did not identify any material errors. Other Information The other information comprises the infomiation included in the annual report other than the financial statements and our AuditoRs Report Ihereon. The Injstees are responsible for the other infomiation contained within the annual report. Our opinion on the financial statements does not cover the other information and. except to the extent otherwise explicitly slated in our report. we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing $0, consider whether Ihe olher infomation is materially inconsistent with the financial slalements or our knowledge obtained in the course of the audit. or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstalemenls. we are required to determine whether this gives rise to a material misstatement in the financial stalement5 themselves. If, based on the work we have perft)rmed. we conclude that there is a material misstatement of this other information, we are required lo report that fact. We have nothing to report in this regard. Opinlon on other matter prescribed by the Companies Act 2006 In our opinion. based on the work undertaken in the course of the audit.. the infomiation given in the Trustees. Report for the financial year for which the financial statements are prepared is consislenl with the financial stalernenls., and the Trustees, Report has been prepared in accordance with applicable legal requ1mentS.
INDEPENDENT AUDITOR'S REPORT to the Members of Moira Pentecostal Church Matters on which 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 misstatements in the Trustees, Report. We have nothing lo report in respect of the following matters where the Charities Act (Nothern Ireland) 2008 requires us to report to you if, in our opinion.. adequate accounting records have not been kept., or the financial statements are not in agreement with the accounting records and returns., or certain disclosures of Iruslees. remuneration specified by law are not made.. or the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advanlage of the small companies, exemption in preparing the Trustees, Annual Report. Responsibilities of trustees for the financlal statements As explained more fully in the Statement of Trustees. Responsibilities set out on page 7, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern. disclosing. as applicable. matters related to going conrn and using the going Concern basis of accounting unless management either intends to liquidate the charity or lo cease operations, or has no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement. whether due to fraud or error, and lo issue an Auditor's Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if. individu811y or in the aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis of these financial statements. Irregularities. including fraud. are inst8nces of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above. to detect material misstatements in respect of irregularities, including fraud. The exlenl to which our procedure5 are capable of detecting irregularities. including fraud is detailed below.. Having considered the nature of the Charity and the sector in which it operates, we identified that the principal risks of non-compliance with laws and regulations related to breaches of health and safety laws, employment law and environmental regulations. We considered the extent to which non-compliance might have a material effect on the financial statements. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial 51alements (including the risk of override of controls} and determined that the principal risks were related to incompleteness of income. Audit prOdureS performed included= Assessment of compliance with key laws and regulations. Enquiry of those charged with governance including any known or suspected instances of non-compliance with laws and regulations, potential litigation, and fraud. Identifying and lesling transactions for approprialeness, evaluating tho rationale for significant Ir8ns8clions outside what is normal for the charity and assessing whether the judgments made in making accounting estimates are indicative of potent181 bias, in order to assess the risk of fraud through management override of controls. Analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud. Challenging assumptions and judgments made by rnanagement in significant accounting estimates. Reviewing the disclosures in the financial statements against the specific legal requirements. Substantive testing of Balance Sheet items, together with a high level of individual account analysis. Comparison of income disclosed in Financial Statements to original Bank Statements We communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or non-cornpliance with laws and regulations throughout the audit. There are inherent limitations in the audit procedures outlined above. We are less likely to become aware of instances with laws and regulations that are not closely related to events and transactions reflected in the financial statements. Also, the risk of not detecting a material misstatement due lo fraud is higher than the risk of not detecting one resulb'ng from error. as fraud may involve deliberate concealment. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting
INDEPENDENT AUDITOR'S REPORT to the Members of Moira Pentecostal Church Council's website at www.fr¢.org.uklaudilorsresponsibilities. This description forms part of our Report of the Independent Auditors. Further informatlon regarding the scope of our responsibilities as auditor As part of an audit in accordance with ISA5 IUKI, we exercise professional judgement and maintain professional sceplicism throughout the audit. We also.. Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error. design and perform audit procedures responsive to those risks, and obtain audit evidence that 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 error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of intemal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. but not for the purpose of expressing an opinion on the effectiveness of the charity's internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting eslimales and related disclosures made by trustees. Conclude on the appropriateness of the trustees. use of the going cOnM basis of accounting and. based on the audit evidence obtained, whether a material uncertainly exisls related to events or conditions that may cast significant doubt on the charity's ability to continue as a going concern. If we conclude that a material unrtainlY exists. we are required lo draw attention in our Auditorfs Report to the related disclosures in the financial statements or. if such disclosures are inadequate. to modify our opinion. Our conclusions are based on the audit evidence obtained up to the dale of our Auditor's Report. However. fvlure events or conditions may cause the charity to cease to continue as a going concern. Evaluate the overall presentation, structure and content of the financial statements. including the disclosures. and whether the financial statements r6presenl the underlying transactions and events in a manner that achieves fair presenlabon. We communicate with those Charged with governance regarding, among other mallers, the planned scope and timing of the audit and significant audit findings. including any significant deficiencies in intemal control that we identify during our audit. The purpose of our audit work and to whom we owe our responslbllities This report is made solely to the charity's trustees. as a body, in accordance with the Charities (Accounts and Reports) Regulations (Northern Ireland) 2015. Our auditwork has been undertaken so that we might slate lo the charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility lo anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed. MCCLEARY & CO Chartered Accountants Garvey Studios 14 Longstone Street LISBURN Co Antrim BT28 1TP NY LTD 18 December 2025
Moira Pentecostal Church STATEMENT OF FINANCIAL ACTIVITIES for the financial year ended 31 March 2025 Unrestrict9d Restricted Funds Funds 2025 2025 Total Unreslricled Restricted Funds Funds Funds 2025 2024 2024 Total Funds 2024 Notes Incomo Donations and legacies Other trading activities Investments 158,581 263.243 114.303 6,135 421,824 114.303 7,714 178.381 154,198 111,782 6,070 332.579 111.782 8,606 1,579 2,536 Total income 160,160 383,681 543,841 180.917 272,050 452,967 Expendlture Raising funds Other expenditure 131,880 15,226 342,667 474.547 15,226 151.759 4,233 287.597 1,153 439.356 5,386 Total Expenditure 147.106 342,667 489,773 155,992 288,750 444,741 Net Incomel{expènditure) 13,054 41,014 54.068 24,925 {16,7001 8,225 Transfers beeen funds (24,7661 24,766 {12.0001 12.000 Net movement in funds for the financial year 111,712) 65,780 54,068 12,925 14,7001 8,225 Reconclllatlon of funds: Total funds beginning of the year 16 632,662 83.761 716,423 619.737 88.461 708.198 Total funds at the end of the year 620.950 149.541 770.491 632,662 83.761 716,423 The Statement of Financial Activities includes all gains and losses recognised in the financial year. All income and expenditure relate to continuing activities. The notes on pages 13 10 18 form part of the financial statements 10
Moira Pentecostal Church BALANCE SHEET as al 31 March 2025 2025 2024 Notes Fixed Assets Tangible assets 10 279,958 291,777 Current Assets Debtors Cash at bank and in hand 11 12 84.284 422.488 74,094 369,267 506,772 443,361 Creditors: Amounts falling due within one year 13 {16,2391 (18,7151 Net Current Assets 490.533 424,646 Total Assets less Current Liabilities 770,491 716.423 Funds Restricted funds General fund (unrestricted) 149.541 620,950 83.761 632,662 Total funds 16 770,491 716.423 Approved by the Board of Trusto9$ and authorised for issue on 18 December 2025 and signed on its behalf by CBIO Trustee field Truste The notes on p8g85 13 to 18 form part of the financial statements 11
Moira Pentecostal Church STATEMENT OF CASH FLOWS for the financial year ended 31 March 2025 2025 2024 Notes Cash flows from operating actlvities Net movement in funds Adjustments for: Depreciation Interest receivable and similar income Interest payable and similar expenses Gains and losses on disposal of fixed assets 54,068 8,225 9.235 (1,7141 2,182 2,584 11.727 (2,6061 577 (4,1021 66,355 13,821 Movements in working capital.. Movement in debtors Movement in creditors 110.1901 (2.4761 3,444 2.335 Cash generated from operations Interest paid 53,689 (2,182) 19,600 (5771 Net cash generated from operating activities 51,507 19,023 Cash flows from investlng activities Interest received Payments lo acquire tangible assets Receipts from disposal of tangible assets 1,714 2,606 {1.9081 6.000 Net cash generated from investment activities 1,714 6,698 Net increase in cash and cash equivalents Cash and cash equivalents at the beginning of the year 53,221 369.267 25,721 343.546 Cash and cash equivalents at the end of the year 12 422.488 369,267 12
continued Moira Pentecostal Church NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 GENERAL INFORMATION Moira Pentecostal Church is an unincorporated charity in Northern Ireland. The principal place of business of the charity is 73 Main Street, Moira. Craigavon. Co Armagh, BT67 OLH. The financial statements have been presented in Pound {£) which is also the functional currency of the charity. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied consislenlly in dealing wlh items which are Considered material in relation to the charity's financial statements. Basis of preparation The financial slalements of the charity, which is a public benefit entity under FRS 102. have been prepared on the going concern basis under the historical cost convention, modified to include certain items at fair value. The financial slalemenls have been prepared in accordance with the Statement of Recommended Practice ISORP) "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.. Statement of compliance The financial statements of the charity for the financial year ended 31 March 2025 have been prepared on the going concern basis and in accordance with the Statement of Recommended Practice ISORPI "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.. Fund accounting The following are the categories of funds maintained.. Restricted funds Reslricled funds represent income received which can only be used for particular purposes. as specified by the donors. Such purposes are within the overall objectives of the Charity. Unrestricted funds General funds represent amounts which are expendable al the discretion of the board, in furtherance of the objectives of the Charity. In¢orne In¢ome is recognised by inclusion in the Statement of Financial Activities only when the charity is legally entitled to the income, performance conditions attached to the itemlsl of income have been met, the amounts involved an be measured with sufficient reliability and it is probable Ihat the income will be received by the charity. Income from charitable activities Income from charitable activities include income earned from the supply of services under contractual arrangements and from performance-relaled grants which have conditions that specify the provision of particular services to be provided by the charity- Income from government and other co-funders is recognised when the charity is legally entitled to the income because il is fulfilling the conditions contained in the related funding agreements. Where a grant is received in advance, its recognition is deferred and included in creditors. Where enlillement occurs before income is received. it is accrued in debtors. Expenditure Expenditure is analysed beeen costs of charitable adivities and raising funds. The costs of each activity are separately accumulated and disclosed and analysed according to their rnajor components. Expenditure is recognised when a legal or conslruclive obligation exists as a result of 8 past event, a transfer of economic benefits is required in settlement and the amount of the obligation can be reliably measured. Support costs are those functions that assist the work of the charity bul cannot be attributed lo one activity. Such costs a allocated lo activities in proportion to staff lime spent or other suitable measure for each activity. Tangible fixed assets and depreciation Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated lo write off the original cost or valuation of tangible flxed assets, less their estimated residual value, over their expected useful lives as follows.. Land and buildings freehold Fixtures, fillings and equipment Motor vehicles 200A on reducing balance 15 /0 on reducing balance 251J/¢ on reducing balance 13
continued Moira Pentecostal Church NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 Debtors Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Income recognised by the charity from government agencies and other co-funders, but not yet received at financial year end, is included in debtors. Cash at bank and in hand Cash at bank and in hand comprises cash on deposit at banks requiring less than three months, notice ol withdrawal. Taxatlon 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. The charity is exempt from tax on its charitable activities INCOME DONATIONS AND LEGACIES Unrestricted Restricted Funds Funds 2025 2024 Donations and legacies 158.581 263.243 421.824 332,579 OTHER TRADING ACTIVITIES Unrestricted Restricted Funds Funds 2025 2024 Other trading activities 114,303 114.303 111.782 INVESTMENTS Unrestrictgd Restricted Funds Funds 2025 2024 Investments 1,579 6.135 7,714 8,606 EXPENDITURE RAISING FUNDS Direct Costs Other Costs Support Costs 2025 2024 Raising funds 462,728 11.819 474.547 43g.356 OTHER EXPENDITURE Direct Costs Other Costs Support Costs 2025 2024 other expenditure 2.182 13,044 15,226 5.386 SUPPORT COSTS Other Expenditure 2025 2024 Support 13,044 13.044 4.809 ANALYSIS OF SUPPORT COSTS 2025 2024 Support 13.044 4.809 14
continued Moira Pentecostal Church NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 NET INCOME 2025 2024 Net Income is stated after chargingllcrediting): Depreciation of tangible assets Defi¢iV{surplusl on disposal of tangible fixed asse15 Audilorfs remuneration= audit seNices 9,235 2,584 11,727 (4,1021 6.000 INVESTMENT AND OTHER INCOME 2025 2024 Rents received Bank interest Other interest 6,000 934 780 6.000 1,973 633 7,714 8.606 INTEREST PAYABLE AND SIMILAR CHARGES 2025 2024 On bank loans and overdrafts 2.182 577 EMPLOYEES AND REMUNERATION Number of employees No employees received emoluments in excess of £60,000. The average number of persons employed (including executive trustees) during the financial year was as follows.. 2025 2024 Number Number Administration The staff costs (inclusive of Iruslees, salaries) comprise.. 2025 2024 Wages and Salaries Pension Costs 38,128 653 108.760 992 38,781 109.752 15
continued Moira Pentecostal Church NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 10. TANGIBLE FIXED ASSETS Land and Fixtures. buildings fittings and freehold equipment Motor vehi¢les Total Cost At 1 April 2024 Disposals 229,132 215,069 10,894 (10.8941 455,095 {10.894} At 31 March 2025 229,132 215,069 444,201 Depreciation At 1 April 2024 Charge for the financial year On disposals 1,482 153,526 9.231 8,310 163,318 9,235 (8,310) 18.3101 At 31 March 2025 1,486 162,757 164,243 Net book value At 31 March 2025 227,646 52,312 279.958 At 31 March 2024 227,650 61.543 2.584 291,777 11. DEBTORS 2025 2024 Other debtors Prepayments and accrued income 81.581 2.703 72.846 1.248 84.284 74.094 12. CASH AND CASH EQUJVALENTS 2025 2024 Cash and bank balan¢es Cash equivalents 422,488 314.145 55.122 422.488 369.267 13. CREDITORS Amounts falling due wlthln one year 2025 2024 Taxation and social security costs (Note 14) Other creditors 813 15,426 9,104 9.611 16,239 18.715 14. TAXATION AND SOCIAL SECURITY 2025 2024 Creditors: PAYE I NI 813 9,104 16
continued Moira Pentecostal Church NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 15. RESERVES Funds Total Surplus for the financial year 54.068 54,068 At the end of the year 54.068 716.423 770.491 16. FUNDS 16.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestrfcted Rè$tri¢t9d Funds Funds Total Funds Al 1 April 2023 Movement during the financial year 619,737 12,925 88,461 {4.7001 708,198 8.225 At 31 March 2024 Movement during the financial year 632,662 111.712} 83,761 65,780 716,423 54,068 At 31 March 2025 620,950 149,541 770.491 16.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 April 2024 Income Expenditure Transfers between funds Balance 31 March 2025 Restricted funds Helping Hands Unrestricted funds Unrestricted General 83.761 383,681 342,667 24.766 149,541 632,662 160.160 147.106 124,766) 620.950 Total funds 716,423 543,841 489.773 770,491 16.3 ANALYSIS OF NET ASSETS BY FUND Fixed assets - Gharity use Current assets Current Ilabilities Total Reslrtcled funds 59,120 92.564 (8,144) 143.540 Unrestricted general funds 220,838 414.208 (8,0951 626.951 279,958 506.772 116,239) 770,491 17. TRUSTEES. REMUNERATION 2025 2024 Fees Remuneration including pension contributions 2,619 30.653 438 75,000 33,272 75,438 17
¢onlinued Moira Pentecostal Church NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 18. POST-BALANCE SHEET EVENTS There have been no significant events affecting the Chority since the ffnancial year-end. 19. RELATED PARTY DISCLOSURES There were no related party transactions requiring disclosure in the year. 18
MOIRA PENTECOSTAL CHURCH SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025 NOT COVERED BY THE REPORT OF THE AUDITORS 19
Moira Pentecostal Church SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS Operating Slalement for the financial year ended 31 March 2025 2025 2024 Incorne Donations Gift aid Shop income 411.976 9,848 114,303 312.579 20,000 111,782 536.127 444,361 Cost of generating funds Wages and salaries Depreciation Staff pension scheme costs Light and heal Rates and water Insurance Loss on sale of tang f a 5,509 9,235 33,322 11,727 992 5,930 7,539 1.511 {4,1021 4.075 8,023 1,446 2,584 30,872 56,919 Gross surplus 505,255 387,442 Expenses Wages and salaries (including trustees, remvnerationl Trustees, Pension Trustees, expenses Cleaning Repairs and renewals Postage and stationery Telephone Computer expenses Travel expenses Accountancy and legal fees Auditors, remuneration Church speakers and outreach Children and youth work Sundries Subscriptions Charitable donations 30,000 653 2,619 1.407 2.420 2,017 552 1,5S4 260 7.044 6.000 334 3.375 3,365 1,092 394.027 75.000 438 1.097 2,353 854 509 1.383 5,009 4.80g 3.438 5.097 2,724 609 283.926 456,719 387,246 Finance Bank interest paid 2,182 577 Miscellaneous income Rents received Other interest Bank interest 6,000 780 934 6,000 633 1.973 7,714 8,606 Net surplus 54,068 8,225 The supplementary information does not form parl of the audited financial slatoments 20