CHRISTIAN GUIDELINES LIMITED (A company limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MAY 2023 Unrestricted funds 2023 Total funds 2023 Total funds 2022 Note Income from: Donab'ons and legacies Charitable activities 62,641 12,028 929 62,641 12,028 929 76.069 12,029 10 Other income Total income 75,598 75,598 88, 108 Expenditure on: Charitable activities 87.148 87.148 77,508 Total expenditure 87,148 87,148 77,508 Net movement in funds (11,550) (11,550) 10.600 Reconciliation of funds: Total funds brought forward Net movement in funds 70.218 111.550) 70,218 (11.550) 59,618 70,600 Total funds carried forward 58,668 58,668 70,218 The Statement of financial activities indudes all gains and losses recognised in the year. The notes on pages 11 to 20 form part of these financial ststements. Page 8
CHRISTIAN GUIDELINES LIMITED (A company limited by guarantee) REGISTERED NUMBER: N1041272 BALANCE SHEET AS AT 31 MAY 2023 2023 2022 Note Fixed assets Tangible assets 433 644 433 644 Current assets Debtors 12 1.887 57.877 3,670 67,683 Cash at bank and in hand 59,764 71,353 Creditors.. amounts falling due within one year 13 (1,529) (1, 779) Net current assets 58,235 69,574 Total assets less current liabilities 58.668 70.218 Net assets excluding pension asset 58,668 70.218 Total net assets 58,668 70,218 Charity funds Restricted funds 15 Unrestricted funds 15 58,668 70,218 Total funds 58,668 70,218 The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006. The Trustees a¢knOedge their responsibilities for complying ¥Mth the requirements of the Act with respect lo accounting records and preparats'on of financial statements. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. The financial ststements were approved and authorised for issue by the Trustees on 04 March 2024 and signed on their behalf by.. Dr Graeme Michael Crawford Chair of Trustees Page 9
CHRISTIAN GUIDELINES LIMITED (A company limited by guarantee) REGISTERED NUMBER: N1041272 BALANCE SHEET (CONTINUED) AS AT 31 MAY 2023 The notes on pages 11 to 20 fonn part of these financial statements. Page 10
CHRISTIAN GUIDELINES LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 General information Christian Guidelines Limrted is a private company limited by guarantee and is incorporated and registered in Northern Ireland under company registration number N1041272. It is also a charity registered by the Charity Commission Nl under charity registration number NIC103255. The charitable company's registered office is stluated at 66 Newto%ardS Road, Bangor, BT20 4DR. The principal activity of the organisation is to provide counselling services throughout Northem Ireland. Accounting policies 2.1 Basis of preparation of financial statements The financial statements have been prepared in accordance with the Charities SORP {FRS 102) 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 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. 2.2 Going concem The financial statements are prepared on the going concem basis. 2.3 Income All income is recognised once the Charity has entitlement to the income, it is probable that the income wll be received and the amount of income re1vable can be measured reliably. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service. 2.4 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third paty, 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 costs of each activity are made up of the total of direct 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 activty and support costs which are not attributable to a single activty are apportioned between those activtties on a basis consistent wth the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on charitable aclivities is incurred on directy undertaking the activities which further the Charity's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. Page11
CHRISTIAN GUIDELINES LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 Accounting policies (continued) 2.5 Interest receivable Interest on funds held on deposit is included en receivable and the amount can be measured reliably by the Charity,. this is nomially upon notification of the interest paid or payable by the institution wth whom the funds are deposited. 2.6 Tangible fixed assets and depreciation Tangible fixed assets costing £NIL or more are capitslised and recognised en future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tsngible fixed assets are measured at cost less accumulated depreciats'on and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of GOSL Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis.. Computer equipment 20% straight line 2.7 Debtor5 Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any Irade discounts due. 2.8 Cash at bank and in hand Cash at bank and in hand includes cash and shorl-tem highly liquid investments wth a short maturity of three months or less from the date of acquisition or opening of the deposil or similar account. 2.9 Liabilities and provisions Liabilities are recognised en there is an obligation at the Balance sheet dale as a resull of a past event, it is probable that a transfer of economic benefrt bMII be required in settlement. and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it wll pay to settle the debt or the amount it has received as advanced payThents for the goods or services it must provide. 2.10 Financial instruments The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initialty recognised at transaction value and subsequently measured at their settlement value Vth the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 2.11 Pensions The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in resped of the year. Page 12
CHRISTIAN GUIDELINES LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 Accounting policies (continued) 2.12 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charty and which have not been designated for olher purposes. Income from donations and legacies Unrestricted funds 2023 Total funds 2023 Donations 56,447 6,194 56,447 6,194 Gift aid reclaimed Total 2023 62,641 62.641 Unrestricted funds 2022 Total funds 2022 Donations Gift aid reclaimed 69,270 6, 799 69,270 6, 799 Total 2022 76, 069 76,069 Page 13
CHRISTIAN GUIDELINES LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 Income from charitable activities Unrestricted funds 2023 Total funds 2023 Income from courses & presentsts.ons 12,028 12,028 Unrestricted funds 2022 lotal funds 2Q22 Income from courses & presentations 12,029 12,029 Other incoming resources Unrestricted funds 2023 Total funds 2023 Bank interest 302 302 other income 627 627 Total 2023 929 929 Unrestrioled funds 2022 Total funds 2022 Bank interest 10 10 Page 14
CHRISTIAN GUIDELINES LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 Analysis of expenditure on charitable activities Summary by fund type Unrestricted funds 2023 Total 2023 Counselling Training 79,010 8,138 79,010 8,138 Total 2023 87,148 87,148 Unrestricled funds 2022 Total 2022 Counselling Training 69,249 8, 259 69,249 8,259 Total 2022 77, 508 77,508 Analysis of expenditure by activities Support costs Totsl funds 2023 2023 Counselling Training 79,010 8.138 79,010 8.138 Total 2023 87,148 87,148 Page 15
CHRISTIAN GUIDELINES LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 Analysis of expenditure by activitie5 (continued) Support costs 2022 Total funds 2022 Counselling Training 69,249 8, 259 69,249 8,259 Total 2022 77, 508 77,508 Independent examiners remunoration 2023 2022 Fees payable to the Charity's independent examiner for the independent examination of the Charity's annual accounts 1,080 1,026 Stsff costs 2023 2022 Wages and salaries Contribution to defined contribution pension schemes 65.244 206 58,878 65.450 58.878 The average number of persons employed by the Charity during the year was as follows.. 2023 2022 No employee received remuneration amounting to more than £60.000 in either year. 10. Trustees, remuneration and expenses During the year, no Trustees received any remuneration or other benefits (2022 - £NILJ. During the year ended 31 May 2023, no Trustee expenses have been incUed (2022- £NIL). Page 16
CHRISTIAN GUIDELINES LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 11. Tangible fixed assets Computer equipment Cost or valuation At 1 June 2022 1,057 At 31 May 2023 1.057 Depreciation At 1 June 2022 413 Charge for the year At 31 May 2023 624 Net book value At 31 May 2023 433 At 31 May 2022 644 12. Debtors 2023 2022 Due within one year Other debtors 1,887 3,670 1,887 3,670 13. Creditors: Amounts falling due within one year 2023 2022 other laxation and social security Accruals and deferred income 449 753 1,080 1,026 1,529 I, T79 Page 17
CHRISTIAN GUIDELINES LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 14. Financial instruments 2023 2022 Financial assets Financial assets measured at fair value through income and expenditure 57.877 67.683 Financial assets measured at fair value through income and expenditure comprise cash & cash equivalents. 15. Statement of funds Statement of funds - current year Balance at 1 June 2022 Balance at Income Expenditure 31 May 2023 Unrestricted funds General Funds 70,218 75,598 (87.148) 58,668 Statement of funds - prior year Balance at 1 June 2021 Balance at Income Expenditure 31 May 2022 Unrestricted funds General Funds 59,618 88,108 (17, 508) 70,218 16. Summary offunds Summary of funds - current year Balance at 1 June 2022 Balance at Income Expenditure 31 May 2023 General funds 70.218 75,598 (87,148) 58.668 Page 18
CHRISTIAN GUIDELINES LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 16. Summary of funds (continued Summary of funds- prior year Balance at 1 June 2021 Balance at Income Expenditure 31 May 2022 General funds 59,618 88,108 (77, 508) 70,218 17. Analysis of net assets between funds Analysis of net assets between funds - current year Unrestricted funds 2023 Total funds 2023 Tangible fixed assets Current assets 433 433 59,764 {1,529) 59,764 (1.5291 Creditors due wthin one year Total 58,668 58,668 Analysis of net assets between funds - prior year Unrestricled funds 2022 lolal funds 2022 Tangible fixed assets Current assets 644 644 71,353 (1. 779) 71,353 (1, 779) Creditors due wthin one year Total 70,218 70,218 18. Pension commitments The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £206 {2022= £Nil). At the balance sheet date £119 (2022.. £Nil) was payable to the fund, which is included within creditors. Page 19
CHRISTIAN GUIDELINES LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023 19. Related party transactions There were no related party transactions in the year. 20. Controlling party The ults'mate controlling party is the Board of Trustees. Page 20