Company Roglstratlon Number ". N1031953 Heavenly Class Ltd Flnanclal Stat•m•nt• and Tru8t•••' R•port for th• y•ar end•d 31 July 2023
Heav•nly Class Ltd Company Ilmlt•d by guarant Content• Pag• Legal and Administrative Informallon Trustees. Report Independent Examinerfs Report Statement of Financlal Acllvllies for the ar ended 31 July 2023 Balance Sheet as at 31 July 2023 Notes to the Accounts 9-11
Heavènly Class Ltd Company Ilmlted by guaranteo Legal and Adminlslratlve Informallon Status '. The organisation is a charitable company Ilmlted by guarantee, Incorporated on 9 November 2001 and is recognised as a charity by the Inland Revenue. The governing document is a Memorandum and Article8 of Asso¢iatlon, Dlrectorn . Mr Dermot Dorrlan (Chalrperson) Mrs Colette Dorrian Mr Kevin Dorrian Company Secretary . Mrs Colette Dorrlan Accountant8 . Fergus McAteer & Co. 31133 Clarendon Streel Derry BT48 7ER Maln Bankors . Bank of Ireland Limited 15 Strand Road Derry BT48 78T Reglstered Offl¢8 '. 15 Belmont Crescent Derry BT48 7RR Inland Revenue Charlty Referenco Number . XR 19473 Company Number . N1031953 Charlty Commlsslon for Northern Ireland Number: NIC 102488 Pagé 1
Heavenly Class Ltd Trustoe8' Annual Report for the year ended 31 July 2023 Report of the trustoes for th• y•ar ended 31 July 2023 The directors are pleased to present their annual report together with the financial slatements of the Charity for the year ended 31 July 2023 which are also prepared to meet the requirements for a Oirectors, report and accounts for Companles Act purposes. The financial statements comply with the Charities Act (NII 2022, Companies Act 2006. the Memorandum and Articles of Association. and Accounting and Reporting by Charilies.- Slat8ment of Recommend8d Practice applicable to Charities preparlng thelr accoLFnts in 8ccordance with the Flnancial R8POrting S18ndard appllcabl8 In the UK and Republlc of Ir818nd IFRS102) {effecllve 1 January 2019.) The Gompany is governed by a Memorandum and Articles of A880Cl8tion daled 1710211997. The company number Is Nl 31953 and the regSsterd office is 15 Belmont Crescent, Derry, BT48 7RR. The company is reglstered Northern Ir8land charfty- reference NIC 102486. Dlr•ctor• and trustoo8 The directors of the charitable company (the Charlty) ar8 the Irustees for the purposes of charlty law. The trustees durlng the year and at 31 July 2023 were as lollows: D8rmol Dorrian Ichalrpersonl Colelte Dorrian Kevin Dorrian Chalrfs rnport DurSng the year the charity has ¢Jelivered courses, presented classes and run fellowshlps to teach people how to understand and apply the Bible and to promote the worship of God. Our purpo8e• and actlvltles Th8 purposes of Heavenly Class Limited are to advance and promote the worship of God by the readlng and study of the Bible and lo run courses lo help understand and apply the Bible. The direct benefits which flow from the advancemenl of r8ligion include the promotion of the worshlp of God and the teachings of the Bible. The charity's benefIcarleS are availatAe to ev8ryone Ifrorn any religious denomination or from no religlous denomination), These benefits are demonstrated from the feedback from people who attend the regular fellowships and classes. All purposes are beneficlal and none are harmful. There are no private b8nefits flowing from the Charity purpose. The charity also forms fellowships in v8rlous locatlons for the purpose of Bible study, and to encourage, flnanclally and otherwise, the provislon of any form bureau, seryice. register or any olher facility of speclflc interest andlor benefit lo Ihe promotion of Bible study. The direct benefits which flow from this purFJose include the promotion of the worship of God and the teachings of the Bible. The beneficiaries are available lo everyone (from any religious d8nominatlon or from no religious denomination). These benefits can b8 demonstrated from the feedback from people who attend the regular fellowships and classes. Th8re Is no harm flowing from this purpose. There is no priv8te benefit flowng from thls purpose. In shapSng our objecllves for the year and plannlng our activlties, the trustees have consldered the Charlty Commission's guidance on public ben8fil r8quirement {PBR1 }. W8 end8avour to encourage a wide range of people to take advantage of our expertise and promote all withln our community to make use of our seNice8. Pag• 2
Heavenly Class Ltd Trusteos. Annual Roport for the year ended 31 July 2023 Volunte•r• The Charity is very involved in the community and we rely on voluntary help. We are as5isled by volunteers who help organise classes 8nd fellowships. Achl•vemènt• and perfom)anc• Durlng the y88r the charity has delivered coursas, presented cLq888s and run fellowships to teach people how to undersland and apply the 8ible. Flnan¢lal r•vl•w During the year donations of £21.976 were recelved, Totsl costs lor the year were £20,526. This18ft a cash surplus for the year of £1,450. At the year end the Charlty had re88rves 01 £3,417. The Trustees wefe pleased with the results for the year. All the reseNe8 at tha year end were all unre81ricted. Re8•tve• pollcy and golng concern R8serves are need8d to bridge the gap belwe8n the spending and rec8iving of income and lo cover unplanned emergency cosls, Due to the nature of Charlty the Trustees con8lder that It Is not necessary to have any reserves as the charilable 8cllvitles can be conllnued wlthout 8ny Income. The Trustees have reviewed the circumstances of the Charity and consider that there are adequate lunds for the foreseeable future. The directors are of the view that the Charity is a going concern. Plan• for luture p•rfjod• We p18n to contlnue to offer classes to advance and promote the worshlp ol God. Stat•m•nt ol tru8t••8' r•spon•lblllll•• The Charity Truslees (who are also the directors of Heavenly Class Ltd for the purpos8s of company law) are responsible for preparing a Trustee's Annual Report and linancial statements in accordance with applicable las and Uni18d Kingdom Accounting Standards {Unit8d Kingdom Generally Accepted Accounting Praclisel. Company18w requir8S the Trustees lo prepare flnanclal statements for each flnanclal year which give a true and fair vW of the state of affairs of the charitable company and of the profit or loss of the company for that year. In preparing these the Trustees are required to.. select sultable accounllng policles and apply them conslstentty., -ob5erve the m8lhods 8nd prlnclples in th6 Charitie8 SORP: -mak8 judgèments that are reasonable and prudent,. Pag• 3
Heavenly Cla88 Ltd Trustees, Annual Report for the year ended 31 July 2023 -stat8 whether applicable UK Accounting Standards have been followed, subject to any material departures d16clos6d and explained in the financial stalem8nls', prepare th8 financlal statements on the going concem basls unless it Is Inappropriate to presume that the organisallon wlll contlnue In buslness, The Trustees are responsible for keeping proper accounting records which disclose with re8sonable accuracy at any tlme the flnanclal posftion of Ihe company and lo enable them lo ensure that the flnan¢181 statements comply with the Companles Acl 2006. They ar8 also responsible for safeguardlng the assets ol the company and hence for taklng reasonable steps for the prevention and detection of fraud and other irregularitles. Thls report has been prepared in accordance with the special provlslons for Small companles under part 15 of the Companies Acl 2006. This report was approved by the board on 4 September 2023 and signed on its behalf by Dem)ot Dorrlan Chalrpornon Pago 4
Heavenly Cla¥¥ Ltd Company Ilmltod by quarantoe Independent Examlnorfs report to the Charlty Trustaes of Heavenly Clas• Ltd Year endod 31 July 2023 We report sol8ly the the Charity Trustees on our examination ol the accounts for the year ended 31 July 2023. To the fullest extent permitted by law, we do not accept or assume responsibility 10 8nyone other than Heavenly Class Lld and Sts Trustees as a body for our work or for thls report. As a practlslng member firm of Chartered Accountants Ireland, we are subject to Its ethical and other professional requirements which are detsiled at W*VW.chart8redaccountants. R•8pectlv• respon•lbllltles of charlty tru•te•s and •xamln•r As the Charity Trustees land also the directors of the company for the purp0888 of company law) you aro responslble for the Pfeparalion of the accounts in accordance with the requirements of the Companies Act 2006 and th8 Char1118s Act (Northern Ireland) 2008. Havlng satlsfl8d ourselves Ihat the charlty Is not subject to an audit under company law, and is eligible for Independent examination, it is our responsibility to.. -ex8mlne the accounts under section 65 of the Charities Act. -follow the procedures lald down in general direcJons glven by the Charity CommissK)n for Northern Ireland under secllon 6519)Ibl of the Charlties Act. -8tate whether particular matters have come to our attentlon. 8a818 ol Indop•ndent examln•r's rnport We have examined your charity accounts as required under section 65 of th8 Charities Act and our examination was carried out in accordance with the general direction8 given by the Charity Commission for Northern Ireland Ltnder section 6519llb} of the Charities Act, The examlnation includ8d a review of tha accounting records kept by the charity and 8 comparison of the accounts pr88ented with those records, It also included Conslderation of any unusual Items or disclosures in the accounts, and seeking explanations from you as charlty Iruslees concernlng any such matters. Our role18 to 8tate whether any malerial matters have come to our altentlon glvlng us concem to believe.. 1. that accounting records were not kept as reqUId by wlth section 386 of the Companles Acl 2006 and 8e¢tion 63 of the Charities Act., 2. that the accounts do not accord with th088 accounting record8', 3. that the accounts do not comply wlth the accounting requlremenl8 of section 396 of the Companies Act 2006, the Charllles Act and wlth methods and principles of the Charllles Slalement of Recomm8nded Practise applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic Of Iland. 4. that there 18 further Snformation needed for a proper understanding of the 8ccounts to be reached. Independont examlnor's 8tatemonl We have completed our 8xamlnation and have no conc8rn8 In r8sp8Ct of the matters (11 to141 abov8 and. In connection with following the directions of the Charity Commlssion for Northern Ireland, we have found no matters that requlre drawing lo your 8tt8ntion. s CATE6 Farg McAte•r & Co Chartorèd Account8nt4 31133 Clarendon Str¢el Derry BT48 7ER 0 4 SEP ZOZ3 4 S•pt•mb•r 2023 Pago 5
Heavenly Cla$8 Ltd Company Ilmlt•d by guarnnto• Stalement of Flnanclal Actlvltles Iln¢ludlng Income and exp•ndltur• account) for tho year ended 31 Juty 2023 Unrestrlcted R08trlctod Funds Funds Totals 2023 Totals 2022 Not•s Income Donations & legacies 21,976 21,976 17,053 Total 21,976 21.976 Expondlture Charltable activitles 20.526 20,526 17.875 Total 20,526 17,675 N•t Sncom• 1,450 1,450 {822) Not movoment In fund• 1,450 1.450 {822) R•conclllallon of lund• Total funds brought forward at 1 August 2022 1,967 1.967 2,589 Total funds carried fotward at 31 July 2023 3,417 3,417 1,967 The statement of flnanclal activities includes all galns and losses recognised in the year. All Income and expenditure derive from continuing 8CtivilieB Paga 6
Hoav8nly Clas• Ltd Company Ilmlt•d by guarant Balanco Shoet as at 31 July 2023 Unrestrlcted Restrlcted Fund$ Fund• Totals 2023 Totals 2022 Noto8 FIX se Tangible Assets Stocks Cash at bank and in hand Total curr•nt •S•Ot* 235 5,158 5.391 235 5,156 5,391 235 3,444 3,679 Cr•dltor•: amount8 falllng duo wlthln ono year (1,9741 (1,9741 {1,7121 N•t curront a88018 3.417 3,417 1.967 Total a$•et•1o81 current Ilabllltlel 3,417 3,417 1,967 Credltor•: amount• falllng du• after ono yoar Net a88et4 3,417 3,417 1.967 Fund• 3,417 3,417 1,967 For the year ended 31 July 2023 the company was entled to exemption from eudil under saclion 477 of th6 Companies Act 2006 relatlng to small companl85. Directors responslbllltle$', The members have not required the company to obtain an audll of its flnancial 8tstements for the year In question in accordanc8 With section 476., The directors acknowledge their responsibililles for complying wlth the requirements of the Act with r8sp8Ct lo accountlng records and the preparation of flnan¢lal slatements. Th8S8 flnancial slaiements have been prepared In accordance wlth the provision8 applicable to Gompanies subject lo the small companies, regime and in accordance wlth FRS 102 'Thg Financkql Reporting Standard applicable in the UK and Republic of Ireland,. Pago 7
Heavenly Class Ltd Company Ilmlt•d by guarant0• These flnanclal statements were approved by the Board of Directors and authorised for issue on 4 September 2023, and are slgned on behalf of the Board by., Mr Demiot Dorrlan Dlr8¢tor Company R•gl8tratlon Numb•r . N1031953 Page 8
Heavenly Cla88 Ltd Company Ilmlled by guarantee Note8 to the flnanclal statem•nl• Year ended 31 July 2023 G•noral Infomiatlon The Charity is a prlvate company limited by guarantee. registerod in Northem Ireland. The addre88 of the registered office is 15 8elmont Crescent, Derry, BT48 7RR. Accountlng pollclos Ba818 of preparatlon The flnancial statements have been prepared in acrdanCe with Accounbng and Reporting by Charfues.. Sl8temenl of Recommended Practlce appllcable to charltles preparlng ihelr accounls In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (eff8Ctiv8 1 January 20191 (Charit16s SORP IFRS 102}1, the Financial Reporting Standard appllcable In the UK and Republic of Ireland (FRS 102) and the Companles Act 2006. Heavenly Class Lld meets the definltlon of a publlc beneflt entlty under FRS 102. Assets and Ilabllltle8 are Inltially recognised at historical cost or transactlon value unless olherwlse slated in the relevant accountlng pollcy notels). Tumover Turnover represents the total value of other Income arlslng from operatlng actlvltles durlno the year. Taxallon During the cur8nl y88r the company has only been Involved In charitsble acllvitKgs In furtherance of Its charitabl8 objects and is not liable lo Income Tax or Corporation Tax. Flnanclal In8trum¢nts A financial asset or a financlal Ilability 18 recognised only when the company becomes a paty lo the contractual provisions of the instrumènt, Basic financial instruments ar8 initially recognis8d al the transaction price, unless the arrangement constitutes 8 financing transaclion, where it is recognised at the present value of the future p8ymenl8 discounted at 8 market rate of inleresl for a similar debt inslrument. Llmllad by guaranto• Heavenly Class Ltd 16 a registered Gharily limited by guarantee without a share capital. Charity Number.. XR 19473 Charlty Commission of Nl Number.. NIC 102486 Pag¢ g
Heavenly Cla88 Ltd Company Ilmltod by guarantee Not•• to the flnanclal statements (¢ontlnu•d) Year ended 31 July 2023 Exp•ndltur8 Unr•strlct•d Restrlctod Fund$ Fund• Totals 2023 Tolals 2022 Exp•ndlturo on charltabl• a¢llvltla• Charitable donations Royalties paid Tel8phone Accountancy fees 88nk charges General 8xp8ns88 Tolal 16,000 3,056 168 1,140 149 13 20,526 16,000 3,056 168 1,140 149 14,000 2,249 182 1,070 161 13 Staff co•t• There were no persons employed by the ¢h8rlty durlng this ye8r or the prevlous year. No r8muneratlon wa8 pald and no exp8ns88 wora relmbur8ed to the trustees during the year. The Iruslees are the key management personnel of Ihe charlty. Page 10
Hoavonly Cla88 Ltd Company Ilmlted by guarant Notes to the flnanclal Staternents <contlnu•d) Year ended 31 Juty 2023 AnalyBI8 of charltablo funds Analy811 ol mov•m•nts In unro8lrlct•d funds Balanc• at In¢omlngR••ourc•• 1 August 2022 Re8ourco8 Expendod Tran•f•rn Fund• at 31 July 2023 General Fund 1,967 21,976 {20.526J 3,417 1,967 21.976 {20.526) 3,417 Namo of unre•trlctod fund D•icrlptlon ol th• Fund General Funds Funds whlch the Charity Is able to apply freely Sn pursult of Its own charitable objectives and relalod purposes. AnalyBls of movern•nts In r•8trlGted lunds Balanco at IncomlngRosourc•8 1 Augu•t 2022 R••ourcos Expended Tran•f•rn Funds at 31 July 2023 R8stricted Fund Name of r8strl¢lod fund Restricted Fund Doscrlptlon of th• Fund Funds whlch the Charity applles for partku18r purposes and prolects In pursuit of its chari18ble objectives. Analy818 ol net ai8èt8 b•tw••n fund8 Gen•ral Ro•trlctod Fund Fund 235 5,156 11,974) Total 235 5,156 (1,974) Stock Cash at bank and in hand Creditors Total 3,417 3.417 Page 11