ASHWOODS CHRISTIAN FELLOWSHIP FinaDci*l Statements for the year eoded 31 Mar¢h 2017
ASHWOODS CHRISTIAN FELLOWSHIP Cbarity Informydtion Principal address 4 Ashwoods Road. Sligo Road. Enniskillen Co Fernianagh. B T74 5QR Trustees Mr D Johnston Mrs E Johnston Mr W Dunlop Mrs M Coe Mrs L McFarlond MrODuff Accountants JSR 44 Blackisland Road Annaghmore Portadown BT62 INE Bankers Danske Bank 24 Townhall Street Enniskillen Co Fermanagh Charitv Commission For Northem Ireland Number 102784
ASHWOODS CHIUSTIAI¥ FELLOWSHIP Contents Page Report of the tn]stees Independeni Examiners Rep)rt Income & Expenditure Account Statement of Financial Activities Balance sheet Notes to the financial ststements 8-10
ASHWOODS CHRISTIAN FELLOWSHIP Report of the Trustees for the year ended 31 Mar¢h 2017 Structure, GoverD¥nce alld Mgnggement The Trust {thc charity) is an unincorporated trust, constiluted under a deed of trusL and is registered as a charity with HRMC and '1th Charity Commission for Nl. The charil). plans to coniinue to raise funds through its routine and special ¢ollection5 from within its congregation. all of which io serve the charity's objectives in the furtherdnce of ihe Christian belief. The trustees have been appointcd for an ind¢finit¢ period of lime. The trustees meet regularl). to discuss ihe broad straiegy of the charity to inclLbd¢ areas of activity for the charity. assessment of reserves and risk managcJn¢ni. Trnstees The -I'rust¢es who ser¥ed during the y¢w There as follows: Mr Donald Johnston Mrs Maud¢ Coe Mrs Eileen Johnston Mrs Linda McFarland Mr William Dunlop Mrowen Duffy Risk Mana2¢ment The irustees actively review any major risks. which the charity faces on a regular basis and believe that maintaining reserves at current level% combined wilh an annual review of the controls over key financial svslems. will provide sufficicnt resources for thc incoming J'ear. The trustees hai.e also examined other operational and business risks laced by the Charit) and confirm that ihes. have estsblished s)'steTns to miligate the most significant risks. Objeetives The Association is ¢stablished to advance Christianity. r¢li¢ve wvert),. sickness and distress. among peopl¢ in Northern Ireland primarily. but also in India and an). other part of th¢ iTrorld and in parti¢ul&r.' (a) to proTllOte Chrislianity, by preaching the Gospel and bv holding prd)'er meetings and religious setvices for publi¢ worship: Ib) to relief of persons in need as a result of w)verty, famine. war or oih¢r disaster. natural or othern'ise in any part of the V¥'orld- Ic) to provide support and financial aid to such other charitable institutions andl or charitable purposes as may from time to lime be deterniined in accordance with the law of charity Activities - meeling objectives and public benefit The trustees have had regard to the Public Benefit requirement as stipulated by Charity Commission for Northern Ireland. Regular public Gospel meetings w¢re held th'ithin thc f¢ll0ship meeting hall io share Gods Word. Within thcse meelings numerous speakers ere invited io attend and prcach the Gospel of Jesus Christ. Regular prayer meetings were held in our fellowship meeting-hall. During lh¢ year we continued to provide financial SUPFM)rt to childffn in India through our ongoing connection with Helping Children Nationwide. During the year under review we gifted £180.00 directly to this chariry {2016; £180.00). Charity Shop- during the y'ear under review, the charity operal¢d a part-time charit), shop in Cathcart Squar¢, Enniskillen. This proved to be a good aY of reaching out to ihe l(xal community. Through this venture we were able to spread Gods word to members of the local community" who might not othern'ise have artended one of our regular servi¢es. The charity Shop has now closed. Poge /
ASHWOODS CHIUSTIAN FELLOWSHIP Report of the Trnstees forihe year ended 31 March 2017 Financial Review The Financial Statemenis are presented in thc standard format required by the Charilies SORP (FRS 102) 2015 and in accordance with The Charities {Accounts and Reports) Regulations (Nonhern Ireland) 2015 on the Receipts and Payments basis. The Statcmeni of Financial A¢lill1eS on page 5 shows the gross income from all sourt¢s. Ashwo(xls Christian Fello'ShIP is r¢liant uwn incoTne Collected through its weekly colleciions and special collections, combined with the receipt of donated guods through the tempordry Charity Shop to cover the running cost5 of the charity and to further its objective5. Finaneial Review (cont.d) In the vear under review the combined incotne received from collections and the charity shop amounted lo £ 3,590 (2016: £ 4.011). Expenses associated with its charitable activit). work amounted io £ 1.825 (2016- £ 2.382 ) during th¢ year. Investment Policy Apart from retaining a prudent atnouni in reserves each year mosl of the charity's funds are spent in the short tenn. Reserves Policy The trustees aim to maintain sufficieni reserves to enable the trust to ¢ontinue its humanilarian aid and Chrislian outreach at its curr¢nt l¢&"el. Plans for tbe future The trustees plan to Qoniinue the curreni level of Christian outreach wiihin the local community through the regular meetings. The trustees also plan io continue their financtal supwrt lo children in India through Helping Children Nationwide, as w'ell as providin8 SUPIKTrrt oiher charitable Causes as and when tK)ssible. Trustee responsibilitie5 in relation to the accounts Th¢ charit). trustees are rcsponsibl¢ for preparing a trustees, annual retrt)rt atkd financial statements in accordance with applicable la. and United Kingdom Accounting Siandards (United Kingdom Generally Accepted Accounting Praciicel. The law applicable to charities in Northern Ireland requires th¢ charity trustees to prepa financial statements for each year which give a Iru¢ and fair iew of thc state of affairs of the charit). and of the incoming resources and application of resources, of the charity. for that riod. In preparing the financial stateTnenlS, th¢ irustees are required to= select suitable accounting policies and ihen appl}, them consistently; * observe th¢ methods and principles in the applicable Charities SORP; make judgements and estimates that are reasonabl¢ and prudent: state whether applicable accounting standards ha%"¢ been follo.ed. subject to any material departures that must be disclosed and explained in the financial sthi¢ments- prepare the financial siatements on the going concem basis unless it is inappropriat¢ to presume that the charity" will continue in business. Page 2
ASHWOODS CHRISTLiN FELLOWSHIP Rert of the Trustees for the year ended 31 Mgrch 2017 The trustees are responsible for keeping prnr accounting records that disclose with reasonable accuracy at any tim¢ Ihe financial position of the charity. and to enable them io ensure thai ihe financial statements comply with The Charitics (Accounts and Reports) Reoulations (Northern Ireland) 2015. and the provisions of the Trust deed. Th¢y are also responsible for safcguarding the assds 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 inforn]ation included on the charity"'s website in accordance M'iih legislalion in the United Kingdom governing the preparation and dissemination of financial siaiements. This report was approved bv the Trustees and signed on ils behalf by Mr Donald Johnston Chairpersonl Trustee Dace.. h 2018 Mr Willi&m Dunlop Treasurerl Trusteel Datc.. 7, March 2018 Page J
ASHWOODS CHRISTIAN FELLOWSHIP Independent examiner's report to the charitv trustees of'ASHWOODS CHRISTIAN FELLOIISHIP, Trnst for the vear ended 31 March 2017 I report on the accounts of the Trust for the vear ended 31 Marth 2017, which are sd out on pages 5 to 12. Respective respoDsibililies of charity trnstees and examiDer As the charity's trustees you are responsible for the preparaiion of ihe awunts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to= examine ihe accounts under section 65 of the Charities Act follow the pn)cedures laid down in the generdl Directions given by the Commission under section 65(9){b) of the Charities Aci state whether particular matters have come io my attention. Basis of independent examiner's report I have examined your charit}. accounts as required under section 65 of the Charities Aci and my examination was carried out in accordance lih the general Direclions given by the Charity Commission for Northern Ircland under section 65{9Xb} of the Chariiies Act. My exawnination in¢luded a review of the accounting records kept by the charity and a comparison of the accounts presentcd with those records. It also included considerdtion of any unusual items or disclosures in Ihe accounts, and seeking explanations from )'ou as charit), trustees concerning any such matters. My role is to state whcthcr an) material matters have come to m!. aTt¢ntion giving me cause io believe= l. That accounting r¢cords were not kept in accordance with seciion 63 of the Charities Act 2. That thc accounts do not accord 1th those ac¢ouniing records 3. That the a¢¢ounts do not comply '1th the accouniing requirements of the Chartties Acl 4. Thai there is further infornialion needed for a proper und¢rstsnding of the accounts to be reached. Independent examiller's s¢a¢ement I have eownpleied my eiamination and have no concerns in respect of the matters { l ) to (4) lisled aiK)ve and. in connection with follo.ing the Directions of the Charity Commission for Northern Ireland, I have found no matters thai require drawing to your attention. n#th*n Ross FCA Chartered A¢eoun¢ant 44 Blackisland Road Annaghmore Portadown BT62 INE 7 March2018 Page 4
ASHWOODS CHIUSTIAN FELLOWSHIP In¢ome & Expenditure Account Year ended 31 Mairch 2017 2017 2017 Unrestricted R¢siricted Income Income 2017 2016 Totsl Donations received Gift Aid on donations Charity Shop Total Income 3.590 3590 4,011 35 3590 4,011 Direct Ex en$es Donations & Gifts Conf¢ren¢e Visiting sp¢8kersl musicians 280 695 850 1,8?5 280 695 850 1025 555 770 1,057 2.382 Administration Ex Insurance l.ight & heat Repairs & maintenance Printin& postage & stationery Advertising Meeting costs/ Cateringl Hosting Accountancy Bank Charges Sundry, Expenses enses 152 1.029 65 30 194 140 230 15 16 1.871 152 1,029 65 230 296 219 82 212 83 230 194 140 230 15 16 1871 1,352 {Deficity Surplus (106) {106) 277 There were no other gains or losses other than those recognised above. Page 5
ASHWOODS CHRISTIAN FELIA)WSHIP Statement of Finaneial Activilies for the year ended 31 MAreh 2017 Unrestrictcd Funds Restricted Funds Totsl Funds Prior year For tbe year ended 31 March 2017 Incoming ReUrceS Incoming Rcsources from generated funds Voluntary income Total Incomittg Resources Notes 3.590 3J 4.011 4,011 359 Resources Expetsded Charitable activiti¢s Running Costs/ Administrativc costs Governan¢e Costs Total Resources Expended 1,825 1,641 ?30 3,697 1,825 1.641 •30 3,697 2,382 1,122 230 3,734 Lyet incomingl outgoing re50rn¢es before trallsfers {107} (107) 277 Gross transfers between funds Net incoming resources before other re¢ognised g*iDS and losses {107) (107} 277 Net movement in funds RecoDciliation of funds Total funds brought forward Total funds carried fonvard (107) (107) 277 414 307 414 307 137 414 There is no diff¢ren¢e between ihe nel tnovement in funds slated alx)vc. and the historical cost equivalent. All of the charity's activities derived from continuing operation5 during ihe year. The charity has no recognised gains or losses oiher than those shown alKTrve and therefore no separate stat¢m¢nt of totsl recognised g8ins and losses has been presented. Page 6
ASHWOODS CHRISTIAN FELLOWSHIP Balance sheet as at 31 Mgrch 2017 Noles: 2017 2016 Fixed Assets Current Assets Oiher Debtors Cash as Bank and in hand 537 414 Li*bilities Loans Other CrlIorS and accruals (230) Total assets less current liabilitie5 307 414 resented b Unrestricted funds 307 414 Restricted funds 307 414 Approval of Account The foregoing Bal ce Sheet Account was approved by the trnstees on- Signed on behalf of e tnbsiees r William Dunlop Truste¢ Mr Donald Johnston Trustee Page 7
ASHWOODS CHRISTIAN FELLOWSHtp Note5 to the fingllcial slalemtnts for tbe )var ended 31 March 2017 A¢¢oulltiDg polieies The accounting policies adopted by the Charity are consistent with those adopted previously and are sel out below.. Ba515 of pparatIOn The financial statements have been pr¢pad in accordancc with the provisions of the Charities Aci (Northern Ireland) 2008. These financial slatements have becn prepared in accordance with the AccountiJJg and ReFrt)rting b> Charities.. Statemeni of Recommended Practi¢¢ FRS 102 and The Charities (Account5 and Rerts) Regulaiions (Northern Ireland) 2015. The accounts are prepared under the historical cost convention. The resulis of the charity's operntions. which are desCrid in the trustee's repotl are all continuing. Cash flow statement The charity has taken advantage of the exemption provided by FRS 102 and ha5 not prepared a cash flow ststeTnent. 1.3 Funds Structure Desigynated funds are funds, which are to be uscd in a¢cordance with specifi¢ restrictions itnP05ed by the donor. Unrestricted funds comprise those fund& which the Trustees are free to use for any purpose in furtherance of ihe charitable objects. 1.4 Incornittg Funds All incoming resources are r¢cognised once the Charity h8$ entitlement to the resources, it is certain that the resources will be received and the monetary value of incoming resources can be tneasured wiih sufficieni reliabilit).. 1.5 Resources Expended Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing ihe Charity, to the expendilure. All expenditure is accounted for on an accruals basis and has been classified under heading that aggregate all costs related to the category. 1.6 Value Added Tax V A T wher¢ recoverable has bccn ¢xcluded from these accounls. Irrecov¢rnble VAT is charged against the category or r¢sources expended for w'hich it .5 in¢unYd. Page 8
ASHWOODS CHIUSTIAN FELLOWSHIP Notes to the financial statements for tbe year endwl 31 March 2017 1.7 TAngible fixed assets and depreciation D¢precialion is noi charged in these accounts as the charity do¢s not hold any fixed assets. Income In¢om¢ for the year represents the cash received during the net of value added tax. Voluntary Income Unresiricted Restricted Tothl Funds Prior year Donations received Gift Aid on donations Charity Shop 3.590 3,590 4,011 3,590 3,590 4.011 Chariiable aclivities Unrestricted Restricted Total Funds Prior )'ear Donations & Gifts Conference Visiting speakersl musicians 280 695 850 280 695 850 1.8?5 555 770 1,057 2.38? RunDing ¢ostsl Administrive expenses Insurance Light & heat Repairs & maintenance Printin& postage & stationery Advertising Meeting cosisl Cateringl Hosting Bank Charges Sundry Expenses 152 1.029 6) 30 152 1.029 65 30 194 140 15 16 1.641 230 296 219 82 212 83 140 15 16 1.641 1.122 Page 9
ASHWOODS CHRISTIAIY FELLOWSHIP Notes ¢0 the finaneial statemeots for the yearettded 31 Marcb 2017 Governall¢¢ Costs Unrestricted Restricted Total Funds Prior year Accountancy 230 230 230 ?30 230 230 2017 2,016 Current Assets Cash at bank and in hand 537 414 414 Creditors les8 than l year 2017 2,016 Loans Accruals 230 2iO 230 ?30 RecoDcili*tioD of Reserves Unrestricted Rc5tricied Totsl Funds Prior year B/fwd l April 2016 (Deficit)I Surplus Clfwd 31 March 2017 414 (106) 308 414 (106) 307 137 277 414 Page JO