Heavenly Class Ltd Trustees, Annual Report for the year ended 31 July 2023 Report of the tru8t••• for th• year ended 31 July 2023 The directors are pleased to present their 8nnual report log8lher with the financial statements of the Charity for the year ended 31 July 2023 whlch are also prepared lo meet the requirements for a Directors, report and accounts for Companies Act purposes. The financial statements comply with the Charities Act {Nl} 2022, Companies Act 2006, the Memorandum and Articles of Association, and Accounting and R8POrting by Chari1188.' Stalement of R8comm8nd8d Practlce applicab18 to ch8rities preparlng their accounts In accordance with the Financial Reporting Standard appllcable In tho UK and Republlc of Ireland (FRS102) leffecllve 1 January 2019.1 The company Is governed by a Memorandum 8nd Artlcles of Associatlon dated 1710211997, The company number is Nl 31953 8nd the registerd offlce is 15 Belmont Crescent. Derry, BT48 7RR. The company is regI5tered Northern Ireland charity- reference NIC 102486. Dlr•¢torJ and tru8t80$ The dir6clors of the charitable comp8ny (the Charlly) are the trustees for the purposes of charily law. The trustees during the year and at 31 July 2023 were as follows.. Dermol Dorrian (Chairperson) Colette Dorrian Kevin Dorrian Chalrf• report Durlng the year the charlly has delSvered courses. presented classes and run fellowshlps to teach people how to understand and apply the Bible and lo promote the worship of God. Our purpose• and actlvltles The purposes of Heavenly Class Limlted are to advance 8nd promote the worship of God by the reading and study of the Bible and to run courses lo help understand and apply the Bible. The direct benefits which flow from the advancement of religion include the promotion of the worship of God and the teachings of the Blble. The charitys beneficiaries are avallaLle lo everyone (from any religious denominatlon or from no religious denomin8tionl, These benefits are demonstrated from the feedback from people who attend the regular fellowships and cla88es. All purposes are beneficial and none are harmful. Th8r8 are no private b8nefits flowing from the Charity purpose. The charlty also forms fellowships In various locatlons for the purpose of Bible study, and to encourage, financially and otherwise, the provision of any form bureau. service, r8gist8r or any olh8r facillty of speciflc interest andlor benefit to the promolion of Bible study. The direct benefits which flow from this purpose Include Ihe promotion ol the worship of God and the leachings of the Bible. The benefici8ries are available to 8V8ryon8 (from any religious denomination or from no religious denomlnationl. These benefits can be demonstrBled from th8 feedback from people who attend the regular fellowshlps and classes. There is no harm flowing from this ptjrposè. Thorè is no priv8to bènofil flowng from thi8 purpose. In shaping our objectlves for the year and planning our aclivit18s, Ihè trustees have consld8red the Charity Commission's guidance on public benefit requirement (PBR1). We endeavour to en¢ourag8 a wide range of people to lake advantage of our experttse and promote all within our communlty lo make use of our services. Page 2
Heavenly Cla$$ Ltd Trustees. Annual Report for the year ended 31 July 2023 Volunteers The Charity is very involved in lh8 community and we fely on voluntary h81p. We are assisted by volunt88rs who help organis8 c18888S 8nd fellowships. Achl•voment8 and p•rformanc• During the year the charity has d8llv8r8d courses, presented classes and run fellowships lo leach peop18 how to understand and apply the Bible, Flnanclal rovlew During the year donations of £21.976 were received. Total ¢osts for th8 year wer8 £20,526. Thls left a cash Surplus for the year of £1,450, Al the year 8nd the Charlty had reserves of £3,417. The Trustees were pleased with the results for the year. All the re8erve8 at the year end were all unrestricted. Reserv•s poll¢y and golng concorn Reserves are need8d to bridge the gap b8tW88n the sp8ndlng and r8celvlng ol incom8 and to cover unplanned emergency costs. Oue to the nature of Charlty the Trustee$ conslder that It Is not necessary to have any reserves as the charllable acllvltles can be continued wlthout any Income. The Tru8tee8 have reviewed Ihe clrcumstances of the Charity and conslder that there are adequate funds for the foreseeable future. The dlreclors are of the vlew that the Charlty is a going concern. Plan• for futur• p•rlod• We plan to contlnue to offer classes to advance and promote the worshlp of God, Stat•ment of tru¥toe•' r•8ponslbllltl•• The Charity Trustees {who are also the directors of Heavenly Class Ltd for the purposes of company lawl are responsible for preparing a Trustee's Annual Report and financial statements in accordance with applicable las and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclise). Company law requires the Trustees lo prepare financial statements for each financial year whlch give a true and fair view of the slate of affairs of Ihe charitable company and of the profit or loss of the company for that year. In preparing these the Tru81ee8 are required to: select sultable accounllno pollcles and apply thom eonslstantly., .observg the mglhod8 and prinGiple8 in the Charities SORP.. -make judgements that are reasonable and prudenl,, Page 3
Heavenly Class Ltd Trustees. Annual Report lor the year andod 31 July 2023 -8tate whether apPIbIe UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the financial statements,. prepare th8 financial statements on the going concem basls unl888 It is inappropriate lo presume thal tho organisallon wlll continue in buslness. The Trus18e8 are rèsponsible for keeping proper accounting records which disclos8 with reasonable accuracy at any time the fin8nci81 position of Ihe company and lo enable them lo ensure Ihal the flnancial statements comply with the Companies Act 2006. They are al80 r88ponsible for safeguarding the assets of the company and hence lor taking reasonable steps for the preventlon and detection of fraud and other irregularities. Thls report has been prepared In accordance wlth the speclal provislons for Small companles under part 15 of the Companies Act 2006. This report was approved by the board on 4 September 2023 and signed on its behalf by Dormot Dorrlan Chalrperson Page 4