DUNMURR Y CHRISTIAN TRUST KINGSWA Y CHURCH 27 RIVERSIDE DUNMURRY BELFAST BT179DJ ACCOUNTS FOR THE PERIOD ENDED 31st MARCH 2023 TaxAssist AGcountants 103 Cregagh Road Belfast BT6 8PY DUNMURRY CHRISTIAN TRUST ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 31st MARCH 2023 CONTENTS PAGE TRUST INFORMATION ACCOUNTANTS REPORT INCOME & EXPENDITURE STATEMENT BALANCE SHEET NOTES TO THE ACCOUNTS DUNMURRY CHRISTIAN TRUST TRUST INFORMATION TRUSTEES Mr. S. Edwards Prof. K. Brown Miss T. Beal Mr. R. Mortimer Mr. L. Nolan Mrs. H. Rodgers Miss M. Stewart Mr. A. Mearns Mr.S. Chandrakumar ACCOUNTANTS TaxAssist Accountants 103 Cregagh Road Belfast BT6 8PY BANKERS Ulster Bank 202 - 206 York Street Belfast BT15 1HY Page 1 INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF DUNMURRY CHRISTIAN TRUST I report on the accounts of the Trust for the year ended 31st March 2023, which are set out on pages 3 to 6. Respective Responsibilities of charity trustees and examiner As the charity's trustess 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 fofiow the procedures laid down in the general Directions given by the Commissron under section 65 (9)(b) of the Charities Act state whether particular matters have come to my attention Basis of independent examiner's report I have examined your charity accounts as 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 Charities Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those reGords. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanatrons from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe.. 1. That accounting records were not kept in accordance with section 63 of the Charities Act 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accoutrng requirements of the Charities Act 4. That there is further information needed for a proper understandFng of the account to be reached Independent examiner's statement I have completed my examination and have no concerns in respect of matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commissron for Northern Ireland, I have found no matters that require drawing to your attention. SIGNED: Andrew Bass DATE: Professional Qualification or body: Associate of the Chartered Institute of Management Accountants TaxAssist Accountants 103 Cregagh Road BELFAST BT6 8PY Page 2 DUNMURRY CHRISTIAN TRUST INCOME & EXPENDITURE STATEMENT FOR THE PERIOD ENDED 31st MARCH 2023 2023 2022 RECEIPTS Offerings Gift Aid Room Hire Dedicated Gifts Interest Receivable 50,679 46,006 599 15,000 471 112,755 53,674 42,397 404 13,000 124 109,599 EXPENDITURE Mission Support Mission Support- Mvula Mvula Salaries Travel Expenses Light & Heat Insurance Repairs and Maintenance Depreciation on FF & Equipment Accountancy Legal and Professional Copyrrght Licence Equipment Expensed Internet Costs Teen Ministry Sundry Expenses Water Rates Bank Charges Cleaning Printing, Posting & Stationery Property Refurbishment Sunday School Speakers Fees 12,775 17,500 33,380 3,384 4,443 1,493 2,502 20,105 29,184 32,484 767 2,076 1,073 14,238 2,601 732 130 532 732 566 4,120 481 1,044 159 288 288 85 305 2,041 494 1g5 162 75 16 11,692 645 365 95,942 547 107,757 NET SURPLUS 16,813 1,842 Page 3 DUNMURRY CHRISTIAN TRUST BALANCE SHEET AS AT 31st March 2023 Notes 2023 2022 FIXED ASSETS Tangibfe Assets 422,876 422,876 CURRENT ASSETS Debtors Bank and Cash Balance 8,608 129,746 138,354 6,931 114,753 121,684 TOTAL ASSETS 561,230 544,560 CURRENT LIABILITIES Accruals 1,265 1,265 1,408 1,408 TOTAL ASSETS LESS CURRENT LIABILITIES 559,965 543,152 CAPITAL ACCOUNT Opening Balance as at 1 st April 2022 Surplus for the year 543,152 16,813 541,310 1,842 Closing Balance as at 31st March 2023 559,965 543,152 Approved by the Board: These financial statements were approved by the members of the committee on the DATE and are signed on their behalf by: On behalf of Dunmurry Christian Trust Page 4 DUNMURRY CHRISTIAN TRUST NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31st MARCH 2023 ACCOUNTING POLICIES 1.1 ACCOUNTING CONVENTION The accounts are prepared under the historical cost convention modified when necessary to include the revaluation of certain fixed assets 1.2 TANGIBLE FIXED ASSETS AND DEPRECIATION Depreciation is calculated to write off the net cost of fixed assets over their estimated useful lives at the following rates: Fixtures and Fittings 25 % Straight Line TANGIBLE ASSETS Land & Buildings Freehold Total COST As at 1st April 2021 Disposals Additions 422,876 29,214 452,090 As at 31st March 2022 422,876 29,214 452,090 DEPRECIATION As at 1st April 2021 Eliminated on Disposal Charge for the Year 29,214 2g,214 As at 31st March 2022 29,214 29,214 NET BOOK VALUE As at 31st March 2022 422,876 422,876 As at 31st March 2021 422,876 422,876 Page 5 DUNMURRY CHRISTIAN TRUST NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31st MARCH 2023 3 DEBTORS 2023 2022 Gift Aid Receivable Other Debtors 6,700 1,908 8,608 6,000 931 6,931