Charity registration number NIC102643 IRISH COUNCIL OF CHURCHES ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
IRISH COUNCIL OF CHURCHES LEGAL AND ADMINISTRATIVE INFORMATION TRUSTEES Rt Rev Andrew Forster Bishop Sarah Groves Mr Jonathan Wilson Very Rev Dr Ivan Patterson Mr William Hunter Most Senior Apostle Olusola Obube Ms Georgina Copty Rev Canon Dr Daniel Nuzum Vacant Mr George Sayegh Fr Anish John Ms Yvonne Langebach {Appointed 10181221 Rev Brian Anderson chUh of Ireland, President Moravian Church. W1-President Hon Treasurer Presbyterian Church, Immediate Past-President Antiochian Orthodox Church Cherubim and Seraphim Church Church of Ireland Church of Ireland Church of Ireland Greek Orthodox Church Indian Orthodox Church Lutheran Church Methodist Church kE Ms Gillian Kingston Rev Dr Heather Morris Mr Mark Kernohan (Appointed 615122) Rt Rev Colin Campbell Rev Dr Paul Bailie {Appointed 418122, De¢eased 151111221 Rev Nigel Craig (Resigned 3113122) Rev Helen FreebuTn (Appointed 12181221 Rev Trevor Gribben Rev Lorraine Kennedy-Ritchie {Resigned 3113122) Pastor Tunde Adebayo-oke James Nelson Vacant Colonel Neil Webb Fr Dr Jobymon Skaria Methodist Church Methodist Church Moravian chUh Non-subscribing Presbyterian Church Presbyterian Church Presbyterian Church Resigned 3113122 Presbyterian Church Presbyterian Church Presbyterian Church Redeemed Christian Church of God Religious Society of Friends Romanian Orthodox Church Salvation Army Ilreland Division} Syrian Orthodox Church Charity Number NIC102643 Principal Address 48 Elmwood Avenue Belfast BT9 6AZ Independent gxarniner Miscampbell & Co 6 Annadale Avenue Belfast BT7 3JH
IRISH COUNCIL OF CHURCHES CONTENTS Page Trustees. report Statement of Trustees. spOnSibl11t1es Independent examinels report Statement of financial activities Statement of financial position Notes to the financial statements 9-20
IRISH COUNCIL OF CHURCHES TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 The Trustees present their annual report and financial statements for the year ended 31 December 2022. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Igoverning document], the Charities Act 2011 and "A¢¢ounting and Reporting by Charities.. Statement of Recommended Practice applicable to Charities preparing their a¢counts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). Objectives and actlvltles a. Public Benefit statement The Irish Council of Churches is committed to the advancement of the Christian religion and the promotion of religious harmony. Its vision is to be a benchmark of unity in Christ for churches and communities globally by developing and providing a channel for Ireland's churches to connect through a common belief in Christ. Five values underpin its work.. The goal and grounding of all that we do is our shared Faith in Jesus Christ,. we seek to be faithful to God and committed to ourjoumey together. Holiness- willing to be opened and changed by God as we connect with each other and meet together in the Lord., experiencing God's holiness as we spend time together in prayer and seeking to be reconciled in Christ. Respect.. respecting and seeking to understand each other's beliets., we are aware of our diversity while recognising the presence of Christ in each other as we seek to understand the fullness of God's revelation for the world. Hope.. hoping in Christ and living in Ihe power of the Holy Spirit sustaining us and fueling our courage., we are courageous in our vision and mission having the strength together to fulfil our reason to be. Witness.. witnessing to God's kingdorn of justice. peace and reconciliation through word and action,. to our common discipleship in the way we live and work together: and as we listen to the world in which we live and serve. The Irish Council of Churches meets the public benefit requirement in two ways.. 1. The advancement of religion: The formal ecumenical body in Ireland, established in 1922, its current membership reflects the changing landscape of Christianity in Ireland across Protestant, orthodox, Reformed, Independent and Migrant-led churches. Since 1973 it has coordinated the Irish Inter-church Meeting, a formal dialogue beeen the Irish Council of Churches and the Irish Episcopal Conference. Together, the Council and the Meeting bring together senior leaders representing the majority of Christian traditions in Ireland. Member churches express their Christian witness working together for Ihe benefit of all peoples, in Northem Ireland and internationally. The direct benefits which flow from this purpose include the ability of member churches to work together to raise awareness and understanding of their religious beliefs and practices. The Irish Council of Churches provides an opportunity for member churches to better understand each other- promoting co-operation. joint working, and greater efficiency. The direcl benefits are demonstrated through regular evaluation of the Irish Council of Churches. ServIS and activities and through feedback from representatives of each of the member churches. The Irish Council of Churches is accountable to all its member churches and its work is reported to their governing bodies. This purpose does not lead to harm. The beneficiaries of this purpose are the member churches of the Irish Council of Churches. The beneficiaries also include the public generally in Northern Ireland speGifiGally those involved in or associated with the Christian faith. There is no private benefit. 2. Through reconciliation and the promoting of religious harmony.. The Irish Council of Churches enables churches to work together to promote reGon¢iliation across the historic political, social, ethni¢ and religious divides in Northern Ireland and through the island of Ireland. The direct benefits which flow from this purpose include the promotion of political, social, ethnic and religious harmony by promoting good relations between people of different Christian traditions, building cooperation and understanding, and sharing information with the general public. This purpose does not lead to harm. The beneficiaries of thi5 purpose are the public generally in Northern Ireland especially those who look to their church and the Irish Council of Churches to provide guidance on how they should treat others in soGiety. There is no private benefit.
IRISH COUNCIL OF CHURCHES TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Achievements and performance Principal Activities Key activities of the Irish Council of Churches include- Formally bringing together senior representatives from across our member churches to meet, dialogue and plan activities of mutual concern, at least quarterly. Promoting reconciliation across historic political, social, ethnic, and religious divides. Fa¢ilitating joint co-operation through our liaison groups, enabling collaboration, co-operation and the sharing of information by bringing together representatives with specific responsibilities for a wide variety of aspects of the mission and ministry of our members. Coordinating working groups which advise on topics of mutual concern, bringing together nominated experts representative of the diversity of views expressed by our members. Enabling dialogue. sharing and joint action with the Irish Episcopal Conference through the Irish Inter-church Meeting, representatives of which meet at least quarterly. Highlighting the work of member churches before each other and the wider public in Ireland through disseminaling resources, aggregating news on our website, sharing information on initiatives and communicating joint statements. Engaging with government and civil society on issues of mutual concern and advocating on public policy issues, as requested by our members, for the benefit of society at large. Working with our member churches on externally funded projects which fulfil our charitable purposes. Assisting the churches in relating to newer migrant-led churches and building informal relationship5 Wlth leaders of other faiths. Working closely with other national and international ecumenical bodies, particularly those established to work in England, Scotland and Wales, as well as Churches Together in Britain and Ireland, the Conference of European Churches and the World Council of Churches. Representing the member churches at keynote public events. including supporting joint public worship. Exploring the ongoing development of our neorkS to achieve our purposes. Full detsils of Council activities are available at.. www.irishchurches.org.
IRISH COUNCIL OF CHURCHES TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Financial reviaw The accounts for the year show a deficit of £5,807, which is slightly better than budget, even after increased energy and utility costs. During the year we also performed essential maintenance to the Inter-church Centre. Member subscriptions returned to pre-covid levels in 2022 and will be maintained at that level for 2023, a testament to the cautious management of the organisations, financial resources, despite increasing costs. It is likely we will have to increase subscriptions in the coming years to keep pa¢e with expenditure. Trustees will maintain this cautious approach to planned expenditure throughout 2023. Wilh the reduced risk from Covid-19, meetings returned to an in-person format with limited ex¢eptions, leading to a corresponding increase in meeting costs. Most significantly, the Inter-church Meeting was again held over two days, allowing for much-valued time for delegates to neOrk and make new connections. A varied approach to meetings, whereby some are held in-person and some online-only, continues to prove useful and allows for more efficient use of time and resources, whilst also fostering the connection and trust that underpin the relationships essential to the effectiveness of the organisation. We find these relations are only truly developed through in-person encounter. Our total resetves now stand at £545,297 and are sufficient to provide for the financial requirements of the organisation going foward. The Executive Committee, informed by the Joint Management Committee, are discussing plans for the Inter-church Centre on Elmwood Avenue. The building itself is no longer well-suited to the needs of the organisation, being much too large. It has proved challenging to find tenants from the non-profit sector and the building needs considerable capital investment to bring it in to line with regards to accessibility. energy efficiency and IT standards. Several options are being examined and the Executive Committee will bring proposals to the next AGM for the Council to consider. During 2022 we continued to prioritise partnership working. both with our neighbouring ecumenical organisations, and in our ongoing academic research projects with the DCU Centre for Religion, Human Values. and International Relations. We are grateful for the continued support of our member churches and their commitment to the work that is done together through ICC and IICM. Supporting them through the varied challenges they face in their work at local congregation, community and national levels remains a priority for the coming year. Finally, I would like to thank colleagues on the Joint Management Committee. ICC Executive and Irish Inter-church Committee for their support and careful attention to matters of finance and governance. I would also like to thank our staff team. and in particular, to acknowledge the very Careful and detailed work carried out by our Finance Assistant, Rebecca Schwindt. under very challenging circumstances this year. Going concern After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going ¢oncern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. Reserves policy It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to beeen three and six month's expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity, current activities while Gonsideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. Structure, governance and management Irish Council of Churches is a registered charity, number NIC102643, and is constituted under a Trust deed.
IRISH COUNCIL OF CHURCHES TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 The Trustees who served during the year and up to the date of signature of the ffnancial statements were= Rt Rev Andrew Forster Rt Rev Sarah Groves Mr Jonathan Wilson Very Rev Dr Ivan Patter50n Mr Williarn Hunter Most SeniorApostle OIu501a Obube Ms Georgina Copty Rev Canon Dr Daniel Nuzum Vacant Mr George Sayegh FrAnish John Ms Yvonne Langebach (Appointed 1Ql81221 Rev Brian Anderson Ms Gillian Kingston Rev Dr Heather Morris Mr Mark Kernohan (Appointed 615122) Rt Rev Colin Campbell Rev Dr Paul Bailie (Appointed 418122, Deceased 15111122) Rev Nigel Craig (Resigned 3113122} Rev Helen Freebum (Appointed 1218122) Rev Trevor Gribben Rev Lorraine Kennedy-Ritchie (Reslgned 31131221 Pastor Tunde Adebayo-oke James Ne150n Vasant Colonel Neil Webb Fr Dr Jobymon Skaria The management of the Charity 15 the responsibility of the Trustees who are elected and co-opted under the t8fms ofthe Trust deed. Funds held as custodian trustee No fiJnd5 are held as Custodian on behalf of others. The ruslees, report was approved by the Board of Trustee5. Mr Wilson Trustee 16 March 2023
IRISH COUNCIL OF CHURCHES STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2022 The Trustees are responsible for preparing the Trustees, Report and the financial statements in a¢¢ordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclice). The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements. the Trustees are required to.. select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP- make judgements and estimates that are reasonable and prudent. state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial slatements. and prepare the financial ststements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. the Charity (Accounts and Reports} Regulations 2008 and the provisions of the trust deed. 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.
IRISH COUNCIL OF CHURCHES INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF IRISH COUNCIL OF CHURCHES I report to the Trustees on my examination of the financial statements of Irish Coun¢il of Churches (the charity) for the year ended 31 December 2022. Responsibilities and basis of report As the Trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act (Northern Ireland) 2019. I report in respect of my examination of the charity's financial statements carried out under section 65 of the 2019 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 65(9)(b) of the Charities Act. Independent examiner's statement Your attention is drawn to the fact that the charity has prepared financial statements in a¢¢ordan¢e with 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) in preference to the Accounting and Reporting by Charities= Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations bul has now been withdrawn. l understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally AGcepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. l ¢onfirm that no matters have Come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act., or the financial statements do not accord with those records., or the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the a¢¢ounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have Come across no other matters in ¢onne¢tion with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Miscampbell & Co 6 Annadale Avenue Belfast BT7 3JH Dated.. 2 March 2023
IRISH COUNCIL OF CHURCHES STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2022 Unrestricted Restrlcted funds funds 2022 2022 Total Unrestricted Restricted funds funds 2021 2021 Total 2022 2021 Notes Income fr Donations and legacies Other in¢ome Investments 59,124 3,009 4,519 58,027 117,151 3,009 4,815 47,030 3,205 2,877 46,501 33,975 92 93,531 37,180 2.969 296 Total income 66.652 58,323 124,975 53,112 80,568 133.680 endi Charitable activities 130,782 130,782 104,587 39,000 143,587 Net (outgoing)lincoming resources before transfers (64,130) 58,323 (5,807) (51,475) 41,568 (9,907) Gross transfers beeen funds 65,391 (65,391) 47,933 (47,933) Net in¢omel{expenditure) for the yearl Net movement in funds 1,261 (7,068) (5,807) (3,542) (6,365) (9,907) Fund balances at 1 January 2022 462,456 88,648 551,104 465,998 95,013 561,011 Fund balances at 31 December 2022 463.717 81,580 545,297 462,456 88,648 551,104 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
IRISH COUNCIL OF CHURCHES STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2022 2022 2021 Notes Fixed assets Property. plant and equipment 11 266,470 266,470 Current assats Trade and other receivables Cash at bank and in hand 12 14.687 305,080 10,169 306.799 319,767 (40,940) 316,968 {32,3341 Current Ilabillties 13 Net Gurrent assets 278,827 284.634 Totsl assets less current Ilabilitie5 545,297 551.104 Income funds Restricted funds Unresiricted funds 14 81,580 463,717 88,648 462.456 545,297 551.104 Th financial statements were approved by the Trustees n 16 March 2023 Rt Rev A Forster Trustse Mr Wilscn Trustee
IRISH COUNCIL OF CHURCHES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Accounting policies Charity information Irish Council of Churches is a registered charity with the Charity Commission Nl and has the charity number NIC102643. The principal activity of the charity continued to be the advancement of the Christian religion and the promotion of eligious harmony 1.1 Accounting Convention The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. ('FRS 102") and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantage of the provisions in the SORP for charities not to prepare a Ststement of Cash Flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the ¢harity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going concern At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted fvnds are available for use at the discretion of the Trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. 1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be reived. Cash donations are recognised on receipt. other donations are recognised once the charity has been notified of the donation, unless performance Conditions require deferral of the amount. Income tax recoverable in relation to donations received under GiftAid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
IRISH COUNCIL OF CHURCHES NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Accounting policies (Continued) 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is Classified by activity. The ¢osts of each activity are made up of the total of dIrt costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned beeen those activities on a basis consistent with the use of resources. Central slaff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. 1.6 Property, plant and equipment Property, plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depre¢iation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases- Freehold land and buildings Fixtures and fittings Computers Not depreciated 20D/ts Straight line 330A straight line The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 1.7 Impairment of non-curront assets At each reporting end date. the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists. the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss {if any). 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, Other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are re¢ognised in the Charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the re¢ogni5ed amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. 10-
IRISH COUNCIL OF CHURCHES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Accounting policies (Continued) Basic financial assets Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction pri¢e including transa¢tion costs and are subsequently Carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including trade and other payables and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debl instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.10 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide temiination benefits. 1.11 Retirement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. Critical accounting estimates and judgements In the application of the charity's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both Current and future periods. 11
IRISH COUNCIL OF CHURCHES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Donations and legacies Unrestricted Restricted funds funds Total Unrestricted Restricted funds funds Total 2022 2022 2022 2021 2021 2021 Donations and gifts 59,124 58,027 117,151 47,030 46,501 93,531 Donations and gifts Irish Episcopal Conference The Church of Ireland The Presbyterian Church of Ireland The Methodist Church in Ireland The Non-subscribing Presbyterian Church The Religious Society of Friends The Redeemed Christian Church of God The Salvation Army The Moravian Church Irish District The Lutheran Church in Ireland The Greek Orthodox Church in Ireland The Romanian Orthodox Church in Ireland The Cherubim and Seraphim Church in Ireland The Antiochian Orthodox Church in Ireland The Indian Orthodox Church in Ireland The Syrian Orthodox Church in Ireland 28,904 10,918 28,904 33,084 23,117 8,734 23,117 26,467 22,166 17,733 22,166 10,918 33,084 17,733 8,734 26,467 5,631 2,774 8,405 4,505 2,219 6,724 1,454 716 2,170 1,163 573 1,736 1,454 716 2,170 1,163 573 1.736 1,398 1,454 688 716 2,086 2,170 1,173 1,163 578 573 1,751 1,736 361 178 539 142 289 431 361 178 539 289 142 431 361 178 539 289 142 431 1.010 497 1,507 289 142 431 344 170 514 650 320 970 361 178 539 289 142 431 354 174 528 278 137 415 249 124 373 171 86 257 59,124 58,027 117,151 47,030 46,501 93,531 12-
IRISH COUNCIL OF CHURCHES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Other Income Unrestricted Unrestricted Restricled funds funds funds Total 2022 2021 2021 2021 Programme officer funding Miscellaneous income CRC funding 31,000 31,000 3,205 2,975 3,009 3,205 2,975 Total fundraising income 3,009 3,205 33,975 37,180 Investments Unrestricted Restricted funds funds Total Unrestricted funds Restricted funds Total 2022 2022 2022 2021 2021 2021 Rent received Interest receivable 2.700 1,819 2,700 2,115 2,450 427 2,450 519 296 92 4,519 296 4,815 2,877 92 2,969 13-
IRISH COUNCIL OF CHURCHES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Charitable activities Charitable Charitable Expenditure Expenditura 2022 2021 Staff costs Committees and working groups Cost of trustee meetings Write backs Exchange Rate Varian¢e Travel and subsistence staff Office expenses 83,305 7,330 1,433 3,345 (329) 9,070 2,373 112,155 6,222 50 90 3,685 1,255 1,723 106,527 125,180 Share of support costs (see note 7) Share of governance costs (see note 7) 17,855 6,400 9,304 9,103 130,782 143,587 Analysis by fund Unrestricted funds Restricted funds 130.782 104,587 39,000 14-
IRISH COUNCIL OF CHURCHES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Support costs Support Governance costs costs 2022 Support Governance costs costs 2021 Staff costs Depreciation Insurance Office expenses Travel and subsistence staff Cleaning and upkeep Publication Gosts Bank charges utility costs staff re¢ruitment costs Legal and professional Repairs and maintenance 2,508 2,508 6,249 6,249 420 420 2,138 2,222 2,138 2,222 2,778 2,778 1,697 1,199 40 526 2,846 257 1,669 1,697 1,199 40 526 2,846 257 1,669 471 1,030 270 388 2,192 471 1,030 270 388 2,192 5,261 5,261 1,755 1,755 Accountancy and legal fees 3,892 3,892 2,854 2,854 17,855 6,400 24,255 9,304 9,103 18,407 Analysed beeen Charitable activities 17,855 6,400 24,255 9,304 9,103 18,407 Governance costs includes payments to the independent examiners of £2,100 (2021- £2,100} for independent examination fees. Trustees None of the Trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. Employees The average monthly number of employees during the year was: 2022 Number 2021 Number Staff 15-
IRISH COUNCIL OF CHURCHES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Employees (Continued) Employment costs 2022 2021 Wages and salaries Social security costs Other pension costs 72,691 5,452 7,670 102,643 5,444 10,317 85,813 118,404 There were no employees whose annual remuneration was more than £60,000. 10 Taxation The Charity is exempt from tax on income and gains falling within section 505 of the Taxes A¢t 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. 11 Property, plant and equipment Freehold land Fixtures and and buildings fittings Computers Total Cost At 1 January 2022 266,470 1,870 2,595 270,935 At 31 December 2022 266,470 1,870 2,595 270,935 Depreciation and impairment At 1 January 2022 1,870 2,595 4,465 At 31 December 2022 1,870 2,595 4,465 Carrying amount At 31 December 2022 266,470 266,470 At 31 December 2021 266,470 266,470 12 Trade and other receivables 2022 2021 Amounts falling due within one year: Trade receivables Other receivables Prepayments and accrued income 7,539 3,537 3,611 9,072 57 1,040 14,687 10,169 16-
IRISH COUNCIL OF CHURCHES NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 13 Currant liabilities 2022 2021 Other taxation and social security Trade payables Other payables Accruals and deferred income 3,873 3,132 203 1,022 27,977 996 36,071 40,940 32,334 17-
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IRISH COUNCIL OF CHURCHES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 15 Analysis of net assets between funds Unrestricted Restricted funds funds 2022 2022 Total Unrestricted Restricted funds funds 2021 2021 Total 2022 2021 Fund balances at 31 December 2022 are represented by.. Property, plant and equipment Current assetsl(liabilities) 266,470 131,856 266,470 278,827 266,470 195,986 266,470 284,634 146,971 88,648 398,326 146,971 545,297 462,456 88,648 551,104 16 Related paty transactions There were no disclosable related party transactions during the year (2021 none). 20-