Kings Church Bangor
Annual Report and
Financial Statements
for the year ended
31st March 2024

Charity no: NIC102752
Contents
Page
General Information
Governance and Staffing Structure
Acknowledgements
Aims, Objectives and Public Benefit
Main Activities
9-13
Financial Review
14
Future Strategic Plans
15
Trustees, responsibilities in relation
to the financial statements
16
Statement of financial activities
17
Balance sheet
18
Notes to the Financial ststements
19-23
Independent examiner's report to the charity trustees
24-25

General Inforn]atlon
Name of organlsatlon
Other name
Kings Fellowship (Bangor)
Kings Church Bangor
Charlty no.
102752
Reglstered offlce address 196 Seacliff Road,
Bangor, County Down,
BT20 SHA
Contart Detalls
Website: www.kingschurchbangor.org
Email: office@kingschurchbangor.org
Legal status
Kings Fellowship (Bangor), established in 1985, is
registered charity and currently operates under a
Trust Deed dated 19th March 2015.lts registered
charity no. is NIC102752.
Bankers
Danske Bank
Bloomfield Shopping Centre
South Circular Road
Bangor
Co Down
BT19 7HB
Independent Examlner
Michelle Robinson
D N Robinson Ltd
17 Grays Hill
Bangor
Co Down
BT20 3BB
Solldtor
CMG Solicitors
20 May Street
Belfas¢ BTI 4NL

Governance and stafflng structure
Leadershlp Team
The team provides spiritual leadership, general oversight, pastoral care and
direction for all that happens in and through the church. The leadership team in
place during 2023/24 were:
Peter Johnston
Lynn Johnston
Sam Deakin
lain Stewart
Lesley Stewart
William Thompson
Ruth Justin
Stevie Garrett
Trustees
The trustees are responsible for the legal and financial matters of the church.
Under the Trust Deed there must be at least 3 trustees. They are appointed for
term of three years which can be renewed by a resolution of the Trustees. In
selecting individuals for appointment as Trustees, they must have regard to the
skills, knowledge and experience needed for the effective administration of the
charity. The Trustees who acted during the year were:
Peter Johnston
Cliff Courtney
Ali Pope
Sam Howard
Sam Deakin was appointed as a trustee on 11 May 2024.
Staff Team
Our staff team are those employed to carry out the practical functions of the
church, such as finances, administration, worship, children's and youth work
Peter Johnston
Sam Deakin
Lesley Stewart
Amy Titmus
Lorraine Wilson
Rae O'Dowd
Stevie Garrett
Anne Davey
Ruth Justin
Lead Pastor
Assistant Pastor
Administrator and Global Mission Coordinator
Communications and Social Media
Caretsker
Youth Worker (resigned 18 June 2023)
Appointed Youth worker on 18 March 2024
Children's Worker (resigned 30 June 2023)
Appointed Children's Worker on 4 September 2023

Acknowledgements
Appreciation is expressed to the staff and many volunteers of the church who
have put in so much time and effort during the past year. Without this help, the
church would be ineffective.
The trustees express their appreciation for the faithfulness in giving by many
members of the church.
We also want to express our gratitude for the many who have given to support
our building refurbishment project over the past year. This includes church
members, donors, friends and the local community. A grant of£108,000 from the
Benefact Trust was a significant encouragement and support to us.

Our Alms and Objertlves
Purpose per Trust Deed
"To promote and further the Christian Faith and its practice among men and
women and young people both at home and abroad in accordance with the
teachings of the Holy Scriptures which are the word of God."
Our Vlslon Is to:
We want to be apprentices of Jesus, experiencing the abundant life that
He brings by being with Him, becoming like Him, and doing what He did.
re
As we passionately seek God's hear( we want to tske actions to love
people so that lives and communities will flourish.
We want people to encounter Jesus for the first time, experience His life-
changing love, and journey with Him.
We long to see the Bangor area thrive by seeking to impact, love, and
serve those who live nearby.
We want to love and pray for those on our island, partnering with others
to see spiritual awakening and renewal.
We want to play our part in God's worldwide plan, supporting and
sending more people, to bring His hope and compassion to other
countries.
Our values are:
EAmi￿. We welcome each person into our diverse multi-generational
family, authentically loving and supporting one another through the ups
and downs of life.
We desire to be continually filled and led by the Holy Spiri¢
seeking His transforming presence in our gatherings and daily lives,
ItutkL' We pursue, proclaim, and practice the freedom-giving message of
God's biblical Truth in an uncertain world.
LO￿￿, We express radical and sacrificial love through tsngible expressions
of generosity, seeking to reflect God's heart towards all people by our
givin& hospitality, and service.

Publlc Beneflt
The Trustees have referred to the statutory guidance produced by the Charity
Commission for Northern Ireland on public benefit when reviewing the Chariws
aims and objectives and in planning future activities.
Our principal public benefit is the advancement of the Christian faith through a
personal belief in jesus ChrisL
Strateglc Prlorltles for the year
In order to provide our principal public benefit we set out below the strategic
priorities agreed at the start of the year 2023/24 and the extent to which they
were achieved:
Leadership & Discipleship
We plan to provide opportunities to grow asfollowers ofjesus and in leadership
whatever our role. We will review and relaunch our communitygroups to ensurE
that they pmvide a place offamily and discipleship.
We relaunched our Connect Groups (previously called Community Groups) in
April 2023, Each Connect Group was launched with a host and co-leaders with a
clear plan to live out our four values. A number of people stepped into the role of
leadership of the groups and we continued to refine and develop the groups.
Partoral Care & Mission
We willfurther develop pastornl carefor our members and beyond as we all play
ourparL We will also consider how we can serve our local community in Bangor
andfurther afield.
Pastoral care is an essential part of what we do. We sought to provide this
through Connect Groups, meals and other practical helps for those in need.
Create Space, Kids & Co, the Friends Group all helped in reaching out beyond
ourselves.
We will continue our work in the local hotel with asylum seekers seeking to help
them with their English and build friendships. As well as the weekly English
Conversation Classes we ran some music and culture evenings and some away
trips.
Vision & Values
We will continue to instill our vision and values (Family, Presence, Truth and Love)
in all we do as we seek to reflect what we believe God is calling us to be and to do.
We continued to preach through our four values between April 2023 and March
2024 with sorne gaps for Christmas etc. ThaL plus the emphasis on values in our
Connert Groups, has helped to instill our vision and values so they become part
of the culture of the church.

Building Projert
We will develop the design of the refvrbished building at 196 Seacliff Road with the
vision of it being used as both o homefor Kings Church ond also as a presence in
the local community. We will also need to raisefundsfor the projertfrom both our
own membe￿, the bank and trustfvnd& We plan to begin work on thegmund in
the laterpart of theyear.
We continued work on the design of the refurbished building. We have included
in the design a new community space at the front of the building as a way to
contribute positively to our local community's life.
The leadership met with everyone in the church who wanted a meeting to
discuss the building project and how people could contribute to IL We were most
grateful for the response with a significant increase in the giving to the projecL
We also continued to apply for grants from Trust Funds. We received £108k
from the Benefact Trust for the project in September 2023. This was a major
encouragement for the project.
An external access ramp was built at the front of the building in the autumn of
2023 and work commenced on the major refurbishment in September 2024.
Summary of How We Provlded A Publlc Beneflt
A summary of our activities and actions undertaken in the year to meet our aims
and objectives and to provide a public benefit is provided below. Further detail
can be found below under"Kings Church Main Activities" at pages 9 to 13.
The direct benefits which have flowed from our actions in the year included the
training and equipping of people in their Christian faith. the promotion of family
stability and the well-being of those attending. Through our activities, people
have increased their ability to contribute positively to society and to address
poverty and those in need of care. We facilitated our members to carry out acts
of social concern to benefit persons in North Down and the surrounding areas
facing hardship based on their need and thereby promoting the practice of the
Christian faith.
These benefits were evidenced through weekly meetings to present the
teachings of the bible and the provision of opportunities for Christian response
including but not limited to prayer and worship. The church provided teaching
and training opportunities, using the resources of church staff, volunteers and
also external courses and events. Our group activities were well attended:
mothers and toddlers group (Kids and Co), Men's Group (Kingsmen), Women's
Group, (Gather), children's groups (Kings Kids Sunday, our youth group (Kings
Youth Fellowship) and our group for people with learning disabilities (the
Friends Group).

The church's beneficiaries include those who have attended and participated in
meetings and activities including children, youth, parents/carers with toddlers.
the elderly and people with learning disabilities. The charity also brought
benefits to the poor in the local community through supporting charitsble
organisations such as the Bangor Storehouse and our Community Fund as well as
raising funds for people in poverty abroad. We continued our nursing home
visits to Kingsland Nursing Home. We also worked in the year with other
churches in the North Down area to promote joint events for the public. We
worked with others in providing English Conversation Classes for asylum
seekers. We continued to support our missionaries abroad who work to promote
the Christian Faith alongside local churches and NGOS.
It should be noted that the above is not a complete list of activities. However,
they do demonstrate Kings Church is continuing to fulfill its obligations and
achieve its objectives.

Kings Church Main Activities
Adult Ministries:
Over the year, Kings Church seeks to develop our Adult Ministries to best serve
those currently in the church as well as bless and love those in our communities.
The benefit from these actions enables members of Kings & those who also get
involved to lead a more fulfilled and purposeful life.
Sunday Services:
Morning:
The main weekly gathering at Kings Church happens at 10.30am on Sunday
morning in our church building. This includes a time to connect with one
another, a time of sung worship, a tslk from the Bible as well as times to pray for
things happening in our lives and further afield across the world,
Across the year we had many new people joining our community. We held 3
Newcomers Lunches which saw over 47 people (28 Adults) attend with the
majority of these committing to join the church. Attendance to our Sunday
morning services slowly increased throughout the year with around a 100
increase from the year before. We continued to live-stream these services to care
for those who felt vulnerable in public but still wanted to be part of our church
community.
Our gatherings are centred around worshipping God, studying scripture and
praying for one another. One of the main focuses for the year was studying our
four values., Family, Presence, Truth & Love,
Evening:
The monthly Sunday Evening"Presence" Gathering continued on the 3rd Sunday
of each month. Being held at 7.30pm meant that usually this was just adults that
attended. The service is more relaxed and less structured, centring around an
extended time of sung worship as well as responding creatively to the theme that
month. On average 40 adults attended each month.
Connect Groups:
Connect Groups are groups of 6-20 people who meet weekly together. These
were launched in April 2023 with a fresh vision and new structure. We began
with five groups & increased to a sixth during the year. Each week they focus on
one or more of our four values, holding these values to achieve our Church
vision. These groups support one another, help one another grow in their faith,
as well as reaching OUL supporting and loving our local community and also
partnering with our global missionaries. There are about 40% of our adults in
Kings who are actively involved in a Connect Group.

Men's Ministry
2023 saw the start of Kingsmen, a new Men's Ministry at Kings. This includes a
number of different elements:
Walking Football. We encourage guys from Kings to invite friends from outside
church to meet up every couple of weeks to play walking football.
Fuel. This is a monthly meet-up in Kings, where men gather around coffee, cake,
games, worship and prayer, to build relationships and support each other on our
journey with Jesus.
Refuel. Every couple of months we meet up to share breakfast We invited guys
from the local area to share their stories, which has been really inspirational and
encouraging. A great opportunity to invite friends and family who don't normally
attend church.
Intake. Once a term we had a social evenL lust time to invite friends and family
and hang out together.
IVS been a great first year for Kingsmen and we look forward to what God has in
store for us in the coming year.
Global Mission:
Kings Church currently supports 7 families involved in Global Mission and has I
other associated with the church. These families are involved in Japan, Kurdistsn,
Moldova, North Africa, Nepal, Papua New Guinea, and the United Kingdom. They
are involved in ministries including church plantin& church pastoral work,
developmen( evangelism, fundraisin& medical work, outdoor pursuits, teachin&
and working with refugees and asylum seekers.
One of our missionary couples, working in N Africa spent some time back with us
and we had meetings in the church to promote their work. One lady paid a visit
to N Africa to see her friend involved in healthcare work. Another couple visited
Nepal to check on the work of their partners and to see how their projects were
developing, Over the past year asylum seekers have been housed locally and a
small group has reached out to them. This involves social events including a
weekly drop-in coffee type event in our building and weekly conversation classes
with them in the hotel to help improve their English. We have a Global prayer
meetin& once month and produce a prayer leaflet every month to help us pray
effectively. We are still meeting on Zoom so that some of our missionaries can
attend. About 12 people attend each month. We continued to pray for Thirty:
praying for 30 cities. We also had several "mission focus" Sundays throughout
the year. At one of these services, we had a visiting speaker, from a Missions
Conference in Bangor that has been running for over 80 years and which some of
our members attend.
10

Storehouse:
Storehouse North Down is a project bringing together different agencies to fight
food poverty throughout the North Down area and beyond. There is a shopping
trolley Positioned in the church building and members of the congregation are
invited to regularly donate suitable food products that are then collected and
tsken to the Storehouse premises for distribution. This is done regularly with
extra times tsken throughout the year for bigger collections.
Friends Group:
This is our group for adults with learning disabilities, their carers and friends.
The group provides opportunity for friendship, fun and learning to follow Jesus
together. It meets fortnightly and has around 25 regular attendees including 8
volunteers and support staff. The group has been able to meet regularly in Kings
on a Wednesday night whilst also doing events outside of Kings. For all who
attend, this is a valued place of connection and a place to belon& whilst for some
it would be their"church service" as other services at Kings and other churches
aren't accessible for them.
Marriage Preparation:
For those engaged to be married, Kings Church offers marriage preparation,
which is an informal course run by members of the Leadership Team. The
purpose is to help couples build strong foundations for their future together. One
couple went through Marriage Preparation and were also married by one of the
Pastors in Kings.
Create Space:
On a Friday morning Create Space is a place for people to come and enjoy some
time together. IVS a space for friendships to be built but also a place for creativity
to happen. Individuals from both Kings, and the local community, bring sewin&
artwork, or projects to work on. As well as this there are refreshments and
games for people to play. Create Space has also been a place where local Asylum
Seekers have felt very welcome - a place to meet others, feel valued, learn new
skills, and practice their English.
We started the Community Choir this year. Overlapping with Create Space and
integrating the two communities, it is a choir for anyone who wants to attend.
Since starting it has grown and regularly has 20+ singers, mostly from the
Bangor area, who don't attend Kings regularly.
Wider Events:
Across the Year, Kings ran multiple events that served and blessed members of
Kings as well as the wider community. We had our Handmade Christmas Market
which supported local small businesses who came to sell their products to over
700 people who came through the doors. The majority ofthese people were not
linked to Kings and were invited to following Christmas events.
We had other community events like our Light Party for"All Saints DaK. Over
200 people attended an evening of fun & games as well as hearing about the

"Light of the World." Our Family Fun Day in the summer at Kingsland Park and
our Easter Eggstravaganza at Crawfordsburn Park were brilliant for those in
Kings and others invited.
We have also regularly been going into Kingsland Nursing Home to pray for and
sing with the elderly in the home.
Prayer:
Prayer is central to nearly everything that we do at Kings. Whilst many of the
groups and events will have some elements of prayer included we also had
several prayer gatherings throughout the year. Groups would go on prayer
walks, we opened up our prayer room for a January month of prayer with at least
one person committing to pray for the work of Kings every day. Three times a
week we have groups meeting on zoom to pray as well as our monthly Global
prayer.
During Holy Week, we sent out resources and devotionals for people to pray
each day through the Easter story and we've also had prayer meetings for our
Building redevelopmenL
Building Redevelopment:
Over this past year we have been fundraising for and designing our
redevelopment of 196 Seacliff Road. We have been applying for grants,
fundraising within our church and our local community. As part of this, we
instslled new front steps and a ramp to make our building more accessible.
Youth Ministries:
Kings Church has a passion to serve Youth in our church and in the local
community. Since hiring a new Youth Worker we have been able to focus both on
the youth that are in our Church comrnunity and in the wider community.
Kings Youth Fellowship:
Shortly after the start of this year we were disappointed in June time to lose our
youth worker who had served us well for the past 15 months. The team
regathered and delivered an exciting Summer week programme in early August,
running activities in the building and around the town - on the theme of running
the good race. The week culminated in an evening of paddle-boarding and pizza.
Our attendance rose to an average session attendance of 15 between September
23 and March 24 at our Sunday night slot known as Kings Youth Fellowship
(KYFJ.
In KYF, we worked to create a varied programme in consultation with the youth
which was delivered by 7 committed volunteers. To help young people explore
their faith we followed the Gospel of Mark each week, taking small passages to
discuss and learn from. Young people of faith and none participated in this,
embracing some of the fun activities and growing in confidence and knowledge.
12

A programme of games and activities helped build relationships among the
group and with the leaders. Our Christmas celebration night saw all 25 of our
registered young people attend which was a brilliant night of games and food.
We also worked with another local youth group and visited them and offered
hospitality too, fostering an environment where young people could meet new
faces while playin& growing and learning together. We also attended the St
Patrick's Day Parade in Belfast to help broaden the horizons of the young people
while exploring the relevance of such a historical figure.
Kings Youth Sundays:
Our twice-monthly Sunday morning slots continued in this period, affectionately
known as Breakfast Club by the youth; we gather in the balcony room to explore
faith together - at times revisiting a sermon series or often using the Urban
Saints resources to follow a particular topic for a time.
Children's Ministries:
Kings Kids Sundays:
On Sunday Mornings our children's ministry continues to grow and flourlsh. On
average we have about 50 children each Sunday with around 40 volunteers. We
have 4 groups that are specifically catered towards different age groups as well
as a space for Parents/Carers to go with their children. In these groups the
children have been taught about God, faith, and church in a fun, caring and
interactive way. Our programme meets the needs of the different abilities we
have among the children.
At the end of the year, we went on a trip to the farm, this was for kids and
parents. We took the older children to the bowling alley and then out for an ice
cream.
We have had a number of new babies born this year whilst also dedicating some
of our babies throughout the year.
Kids & Co:
Kids and Co is a Parent and Toddler group that runs every Tuesday morning.
They welcome parents, grandparents, child-minders and carers with babies and
toddlers of pre-nursery age. On average, 40 children and 30 adults attend each
week. The majority of these children and adults are members ofthe community
who wouldn't attend Kings Church regularly.
Kids and Co has been running for over 17 years with a team of volunteers who
run the programme, by setting up a hall with toys, providing craf¢ a sing a long
and refreshments.
Holiday Bible Club:
In Summer 23 we had a Holiday Bible Club which saw 40 children come for a
couple of hours in the morning or evening for fun activities, dramas, games &
stories. The majority of these individuals came from outside of Kings Church.
13

Flnandal Revlew
Income for the year totslled £430.3k (2023: £181.6k) and expenditure totalled
£173.5k (2023: £167.7k) leaving a surplus for the year of £256.8k (2023 surplus
£13.9k). The main movements between the two years are largely as a result of
the following:
Donations to the building fund increased from £22.7k in 2023 to £108.5k
in 2024. In addition, the building fund received a grant of £108k (nil
2023).
Donations for Ministry & missions, public offerings and other gifts
increased in the year by £23.Ok to £142.4k
As a result of the increase in giving as described above tax refunds from
gift aid increased by £19.6k to £51.4k
Investment income from our Nationwide interest-bearing account
increased by £11.7k from the previous year as a result of accumulating
funds in the building fund in readiness for our building projecL
Expenditure increased by £5.8k to £173.5k due to a range of factors
including increases in gifts from the Mission Fund by £11.5k and other
gifts of £3.4k, increase in repairs, maintenance & equipment by £5.7k, an
increase in youth ministry expenditure by £2.4k and hospitality by £2.Ik
partially offset by reductions in building costs by £19.4k (this was
expenditure incurred in the previous year in relation to legacy work for
planning applications for our premises at Seacliff Road).
Movement in Funds may be summarized as follows:
Ministry
£k
125.9
(123.8)
Building Mission
£k
£k
248.8
55.6
(0.8}
(48.8)
248.0
6.8
Totsl
£k
430.3
(173.S)
256.8
Income
Expenditure
Surplus
Transfer in funds
(1.5)
Opening balance 1/04/23
188.1
292.9
489.0
Closing balance 31/03/24
Note there are small rounding dlfferences In the above table
191.7
540.9
13.3
745,9
The transfer in funds relates to expenditure incurred for mission purposes
through the Ministry Fund and which are then reimbursed by the Mission Fund.
Reserves
Cash and short-term investment reserves at 31 March 2024 totslled £544.9k
(2023.. £335.5k). Whilst the church is seeking to upgrade its premises the
trustees, reserve policy is to continue to build up building fund cash reserves,
maintain at least £4k in mission cash reserves and maintain general cash
reserves at a level to service the day-to-day running costs. This policy will be
14

reviewed once we have suitable premises.
Future Strateglc Plans
Our vision is to: "Follow Jesus, Make a Difference and to Grow New Disciples in
Bangor, our Land and across the World."
In pursuit of that vision in the forthcoming year to March 2025, Kings Church
plans to strategically develop in the following areas -
Bulldlng Projert
We plan to commence the full project after the summer of 2024. This will require
us to move out of the building for a number of months. At the time of writing this
Annual Report we have secured alternate premises from our Methodist friends
in Bangor for which we are most grateful and work on Seacliff Road is
commencing.
Pastoral Care
We are aware that our move from Seacliff Road premises will cause some
disruption to our normal life as a church. A key emphasis will therefore be to
reinforce church family relationships through strengthening our Connect Groups
and other informal and more fonnal relational gatherings.
Outreach
We want to grasp any new opportunities that may come with our temporary
change in premises. We also want to develop existing areas of outreach. An Alpha
Course in our temporary premises is planned to start after the summer. We are
also planning a residential for the youth in September 2024. We will continue
our work in the local hotel with asylum seekers seeking to help them with their
English and build friendships.
Beyond Klngs
We want to strengthen our connection with local churches in the area and within
our Tobar network. We plan to play a part in the local Bangor Light of the World
praise and prayer initiative and encourage our ties with churches in the Tobar
network through its conference and other more informal gatherings,
15

Trustees, responsibllltles In relatlon to the flnanclal statements
The charity trustees are responsible for preparing a trustees, annual report and
financial ststements in accordance with applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted Accounting
Practice). The law applicable to charities in Northern Ireland requires the charity
trustees to prepare financial statements for each 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 period. In preparing the financial
statements, the trustees are required to:
• select suitable accounting policies and then apply them consistently;
observe the methods and principles in the applicable Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to
any material departures that must be disclosed and explained in the financial
statements;
prepare the financial ststements on the going concern basis unless it is
inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose
with reasonable accuracy at any time the financial position of the charity and to
enable them to ensure that the financial statements comply with the Charities
(Accounts and Reports) Regulations (Northern Ireland) 2015, and the provisions
of the Trust deed. They are also responsible for safeguarding the assets of the
charity and taking reasonable steps for the prevention and detection of fraud
and other irregularities.
The trustees are responsible for the maintenance and integrity of the charity and
financial information included on the charity's website in accordance with
legislation in the United Kingdom governing the preparation and dissemination
of financial ststements.
Approved by the trustees and signed on their behalf:
P&TM
Peter Johnston
Chair of Trustees
29 September 2024
16

KINGS FELiL)WSHIP (BANGOR)
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 ￿ARCH 2024
Unrestricted Fundj
General
Designated
2024
TotAI
2023
Total
Income and endowments
Donations and legacies
Income froTn other trading activities
Investment income
119.153
6.715
291.244
410,397
6,715
13,211
173,913
6,179
1.486
13,2ll
Total income
l25 868
304 455
430 323
181578
Expenditure
Expenditure on charitable activities
123,832
49,635
173.467
167,707
Total expenditure
123 832
173 467
167,707
N¢t movement in funds
2,036
254,820
256,856
13,871
TransfeTS
1,500
(1,500)
Retonclllation of funds:
Total funds brought forward
188.131
300.911
489.042
475,171
Total funds Lqrried forward
191667
554 231
745 898
489 042
The notes on pages 19 to 23 fomi part of these accounts
17

KINGS FELLOWSIIIP (BANGOR)
BALANCE SHEET
31 MARCH 2024
2024
2024
2023
2023
Flxed Asjets:
Tangible assets
200,751
152,426
Current
Debtors
Short tenn inveslments
Bank and cash
2,914
444.535
100 342
547,791
4.519
281,486
340,013
Credltors: Amounts falling due
wlthln one year
Net current assets
545.147
336,616
Total net &98ets
745 898
489 042
Fund8 of the Charlty
Unrestricted Income funds:
General
Designat¢d
191,667
554,231
188,131
300,911
Total Cbarity funds
745 898
489 042
Approved by the Trustees on 29 September 2024, and signed on their
behalf by..
Peter Johnston
Cliff Courtney
The notes on pages 19 to 23 forn] part of these ￿ounts
18

KINGS FELLOWSHIP (BANGOR)
NOTES TO THE ACCOUNTS
YEAR ENDED 31 MARCH 2024
Accounting policies
Basis of aceountlDg
These financial stafrments have been pre￿¢d in compliance with FRS 102. 'The Financial
Repx)rting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance wtth
the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(Charities SORP (FRS 102)) and the Charities Act (Northern Ireland) 2008.
Golng concern
The financial ststements have been prepared on the going concern basis as the
Trustees regard the charity as having sufficient resources to continue to operate for
the foreseeable future.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance
of the general objectives of the
charity.
Designated funds a￿ unrestricted fimds earmarked by the trustees for particular
purposes.
Restricted funds are subjected to restrictions on their expenditure im￿sed by the donor.
Fixed g&sets
All fixed assets are recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost of the asset, less its cstimatcd
residual value, over the useful economic life of that asset as follows:
Equipment:
25 % straight line
Jncoming resources
All incoming resources are included in the Statement of Financial Activities when the
charity is legally entitled to the income and the amount can be quantified with
Teasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under
headings that aggregate all cost related to the category.
19

Bank interest paid
The charity writes off directly attributed EM)rrowing costs to the Statement of
Financial Activities in the ￿riod in which they are incurred.
Donations and legacies
Unrestricted Funds
General
Designated
2024
Total
2023
Total
Donations for Ministry
Public offerings
Donations for missions
Donations for building account
Grant from Chariti¢s
Other gifts r¢c¢iv¢d
Tax refunds from Inland Revenue
90,116
335
90,116
335
45.105
108,524
108.000
6,879
51.438
80,811
1,223
33,622
22,657
45,105
108,524
108,000
6,879
21,823
3,752
31,848
29,615
119 153
291244
410397
173 913
Income from other tradlng Aellvltles
Unrejtrleted Funds
General
Designated
2024
Total
2023
Total
Rent from Building
6,715
6,715
6,179
Inve8lment income
Unrestricted Funds
General
Designated
2024
Total
2023
Total
Bank int￿¢St
13,211
13.211
1,486
20

Expenditure on charitable aetivities
Unrestricted Funds
General
Designated
2024
Total
2023
Total
Salaries
Watw rates
Insurance
Heat & light
R¢pair& maintenance & equipment
Cleaning
T¢l¢phone
Printing, postage & stationery
Computer costs
Travelling & conferences
Youth Ministy
Outreach
Gifts
Building costs
Hospitality
Sundry ¢xp¢nses
Bank char8es & interest
64,841
1,302
4,041
10,429
14.555
1.221
1,157
64.841
1,302
4,041
10,429
14,555
1,221
1,157
999
1,319
442
4,389
3,448
55.975
66,188
725
3.326
12.874
8,898
950
1,074
997
1.557
2.507
2,(M) I
1,602
41,053
19,375
3.028
7lO
1,319
442
4.389
3,448
7,143
48.832
5.623
2,020
903
5,623
2,823
903
803
123,832
49,633
173,467
167 707
Tangible fixed a88ets
Seacliff Road
Buildin8 Equipment
Total
Cost
As at l April 2023
Additions
Disposals
AS at 31 March 2024
152,426
48,325
20,576
173,002
48,325
200751
221327
DeprKiation
As at l April 2023
Charge for year
As at 31 March 2024
20,576
20,576
Net book value
As at 31 March 2024
200,751
200,751
As at l April 2023
152 426
152 426
21

Debtors
2024
2023
Gift aid tax recoverable
Other debtors
2.914
4,519
2,914
4,519
Creditors: Amounts fAlling due within one year
2024
2023
Other creditors
Deslgnated funds
Th¢ Church operates two designated funds:
Building Fund - The building fund will be us¢d to re￿rb]sh the accommodation at Seacliff Road.
Mission fund - This fund is used to support various missionaries throughout the world.
Building
Fund
Mission
fund
2024
Total
2023
Totsl
Income
248,832
53,623
304,455
71,877
Expenditure..
Costs Te PTemis¢s
Gifis
803
803
48,832
19,375
37.325
48.832
Totsl expenditur¢
803
48,832
Net movement in funds
248,029
6.791
254,820
15,177
Transfer to Unrestricted general
funds
(1,500)
(1,500)
(1,5(K))
Total funds brought forward
292,885
8,026
300,911
287,234
Total funds carried forward
540 914
554 231
300911
22

10.
Related Party Transartlons
During the year the following payments were made to trustees and connerted
persons as permltted by clauses 5 and 28 of the Trust Deed:
Year to 31 March 2024
Salary Penslon
Expenses Professlonal
Reclalmed
Se￿IceS
Servlces
Provlded
Peter Johnston
(trustee)
Lead Pastor
1,200
Year to 31 March 2023
Salary Penslon
Expenses Professlonal
Reclalmed
servlces
Servlces
Provlded
Peter Johnston
(trustee)
Lead Pastor
1,200
laSn Stewart*
(Architect)
Archltectural
Fees
17,335
Lesley Stewart
(wlfe of Ialn Stewart)
Administration
9,802
'resigned as trustee on 10th lanuary 2023
The notes on pages 19 to 23 forni part of these accounts
23

INDEPENDENT EXAMINER'S REPORTTO THE CHARITY TRusfEES OF KINGS
FELLOWSHIP (BANGOR)
I report on the accounts of the Trust for the year ended 31 March 2024, which
are set out on pages 16 to 23.
RESPECTIVE RESPONSIBILITIES OF CHARITY TRUSTEES AND EXAMINER
As the charity's trustees, you are responsible for the preparation of the accounts
in accordance with the Charities Act (Northern Ireland) 2008.
It Is my responsibility to:
Examine the accounts under section 65 of the Charities Act
Follow the procedures laid down in the general Directions given by the
Commission under section 65(9)(b) of the Charity Act
stste whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINER'S REPORT
I have examined your charity accounts are required under section 65 of the
Charities Act and my examination was carried out in accordance with the general
Directions given by the Charity Commission for Northern Ireland under section
65(9)(b) of the Charity ACL
My examination included a review of the accounting records kept by the charity
and a comparison of the accounts presented with those records. It also included
consideration of any unusual items or disclosures in the accounts, and seeking
explanations from you as charity trustees concerning any such matters.
My role is to stste whether any material matters have come to my attention
giving me cause to believe:
That accounting records were not kept in accordance with section 63 of the
Charity Act
That the accounts do not accord with those accounting records
That the accounts do not comply with the accounting records of the
Charities Act
That there is further infonnation needed for a proper understsnding of the
accounts to be reached.
24

INDEPENDENT EXAMINER'S ￿ATEMENT
Since your charitys gross income exceeded £250,000 your examiner must be a
member of a listed body. I can confirm that l am qualified to undertake the
examination because l am a registered member of the Association of Chartered
Certified Accountsnts which is one ofthe listed bodies.
I have completed my examination and have no concerns in respect of matters (l)
to (4) listed above and, in connection with following the Directions of the Charity
Commission for Northern Ireland, I have found no matters that require drawing
to your attention.
Michelle Robinson
Chartered Certified Accountsnt
17 Grays Hill, Bangor, Co Down,
Date: 29 September 2024
25