CHARITY REGISTRATION NUMBER: NIC103473 Christ Church Kilkeel Unaudited Financial Statements 31 December 2024 PURDY UINN Chartered Accountants Northem Bank House 42 Greencastle Street KILKEEL Co Down BT34 4BH Christ Church Kilkeel Financial Statements Year ended 31 December 2024 Page Trustees, annual report Independent exarninerfs report to the trustees Statement of financial activities Statement of financial position Notes to the financial statements The following pages do not forrn part of the financial ststements Detailed statement of financial activities 23 Notes to the detailed statement of financial activities 25 Christ Church Kilkeel Trustees. Annual Report Year ended 31 December 2024 The trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2024. Reference and administrative details Registered charily name Christ Church Kilkeel Charity registration number NIC103473 Princlpal office Clo Ms Joan Linden 24 Millvale KILKEEL Co Down The trustees Rev A Calvin Mrs S Johnston Mr l J Henderson Mr D O Henderson Mr S Henderson Mrs K A Campbell Mr A E Chadeton Mr D J Charleton Mr T O Hanna Mr J E Henderson Mr A Graham Miss E McAlee Mr A McBride Mr R Myers Mr G Wilson Ms J Linden Mr G McAtee (Appointed 30 April 2025) Independent examiner Gareth Evans FCA Structure, governance and management Governing Document and Constitution of the Charity Chapter 111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry members are the Charity Trustees. Christ Church Kilkeel Trustees. Annual Report fcontiTnuedJ Year ended 31 December 2024 Structurej governance and management (continued) Recruitment and Appointment of Select Vestry rrrustees) All members of the Church of Ireland who are over the age of 18 and are eilher resident within the parish or live elsewhere but have been accustomed members of the congregalion for at leasl Ihree months, may register as members of the general vestry of the parish, allowing them to attend and vote at meetings of the general vestry ané to stand for election to the Select Vestry. Meetings of the general vestry are held at least once a year. The Select Vestry is elected as part of this General Vestry meeting. The Select Vestry will hold their positions for a period of one year. Select Vestry members may be re-elected annually and there is no limil on the number of terms which may be served. Organisational Structure The Selecl Vestry is responsible for the day-lo-day management of the parish. The Select Veslry consists of the member of the clergy serving in the parish. Rector's Warden, Hon. Treasurer. Hon. Secretary, People's Warden and generally nol more than ￿e1ve other members of the General Vestry elected at the General Vestry tneeting. The Select Vestry is chaired by the incumbent or other member of the clergy officiating in the parish. Select Vestry members are responsible for making decisions on malters of general concern and importance to the parish including deciding how parish funds are to be applied. The Select Vestry meets at times fixed by the members or by the diocesan synod. Special meetings may be convened at any time by the Chairperson or the churchwardens. In 2024 the Select Vestry met 10 times during the year. Compliance with Public Benefrt The Parish has given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the activities entered into during the year have helped to achieve the Parish's objectives and activities. as well as providing public benefit. Objectives and activities The charitable purpose of the Church of Ireland is the advancement of religion. The principal function of the Church of Ireland is lo supporl the advancement of Ihe Christian religion by promoting, through the work of the Chrisl Church Kilkeel the whole mission of the Church, pastoral. evangelistic, social and ecumenical. Being open lo and engaging with society as a whole and offering support for those needing help are fundamental to the practical delivery of the benefits of Christianity. As a result of activity in the pursuit of Ihe advancement of the Christian religion, the Church Of Ireland Kilkeel Parish has custody of property and of records, materials and artefacts of significance to Ihe cultural 2nd religious heritage and maintenance of which is underlaken by the select vestry of the Christ Church Kilkeel. Christ Church Kilkeel Trustees. Annual Report {continued) Year ended 31 December 2024 Achievements and performance The Church of Ireland in general and Christ Church Kilkeel in particular meels the public benefit requiremenl by providing benefit to its members and Ihe general public by making known the Christian Gospel of the Lord Jesus Christ through the advancement of religion. The éirect benefits which flow from the purposes of the Church include the gaining of an understanding in Chrislian beliefs as set out in the Bible and in the Church's subordinate teachings at times such as baptism, confirmation and marriage leading to spirttual and moral development and opportunities for response to Bible teaching. In tum, this framework leads to practical expressions of Christian beliefs and standards in the local community such as through the care of those in need (including the sick. disabled and bereaved). Generally, the above benefits are delivered locally in a parish context but from time to time a Diocesan context will be in place. Local delNery can be facilitated by central resources in some cases. Public access is made known through the use of noticeboards, printed material, press advertisement, websites, social media, personal invitation or in other ways. The benefits are demonstraled through regular feedback (formal and ad-hoc) from members. their families, and members of the public. The beneficiaries of this purpose are members. their families. other individuals Ihal Ihe Church of Ireland is in direct and indirect contact with, the community in which pastoral services are provided and other communities throughout the world via missionary agencies and individuals reached and benefiling from the work of Christ Church Kilkeel. While prayer is a part of our worship services: other prayer activities such as prayer ministry, prayer triplets and occasionally prayer on the street are all activities available to 2nd benefiting the whole community. The prayer triplets, inilialive is a recent development and over 50 triplets have been formed and are being nurtured currently. Children, Young People. the Elderly and Families attending and not attending the regular services offered by the parish are welcomed along to activities and organisations held in our facilities. Links with statutory groups and other community groups is also prominent in the parish, and a reflection of our ability and desire to integrate with and serve the whole community in the distinctive manner that being a Church of Ireland Parish lends itself to. Full attention is given to relevant Child ProteGlion and Vulnerable Adult legislation - compliance with the Church of Ireland Safeguarding Trust policy is given. An archive of records is available to the public on request for no fee. Public enjoyment of cultural and historic buildings and artefacts, such as church plate. furnishings and materials as well as an overall improved appreciation of longstanding Christian heritage is a real public benefil and something Christ Church Kilkeel promotes, for example: visiling local schools and local schools visiting our church buildings. Through conservation efforts in respect of records. property and artefacts, links wilh the past are saved and greatly appreciated by many in the wider society we itlhabit. The beneficiaries are the congregation and Ihe general public. The public valuation of the benefits can be evidenced through allendance at public worship and the activities and organisations linked directly and indirectly to Christ Church Kilkeel. Any private benefit arising out of the fulfilment of our Christian Ministry or to our lay staff is essential lo the fulfilment of the purpose of the advancement of religion. No member of the Select Vestry receives remuneration. reward or other privale benefit for carrying out their Select Vestry responsibilities. Christ Church Kilkeel Trustees. Annual Report (Continued) Year ended 31 December 2024 Financial review The congregation's main source of income is members. contributions through the Weekly Freewill Offering. Total Income of the congregation during the year was £248,972 (2023 - £269,728}. The expendilure for Ihe year was £229.641 (2023 - £231,049). The reserves of the Charity at 31 December 2024 totalled £951,217 {2023 - £922,932). Reserdes Policy The Trustees have considered the level of unreslricled reserves that is appropriate to hold, taking account of current and ongoing commitments. 11 is the policy of the Trustees to hold at least three month's normal expenditure. At the year end unrestricted reserves were £137,676 (2023 £132,963} which represents a higher level of reserves. The Trustees however, consider it prudenl to hold reserves at this level as the funding of lis present activities is dependent on Ihe ongoing financial support of its members. Going Concern The Select Vestry have reviewed the finances for the year ahead and are satisfied that there are adequate funds in place to ensure that the Parish can continue its activilies and the financial statements for the year ended 31 December 2024 can be signed off as a going concern. The trustees. annual report was approved on 21 October 2025 and signed on behalf of the board of trustees by: Rev A Calvin Truslee Ms J Linden Trustee Christ Church Kilkeel Independent Examiner's Report to the Trustees of Christ Church Kilkeel Year ended 31 December 2024 I report to the Irustees on my examination of the financial statements of Christ Church Kilkeel ('the charity,) for the year ended 31 December 2024. This report is made solely to the charity's Trustees, as a body, in accordance with section 65(31{a) of the Charilies Act Northern Ireland 2008 and r￿ulationS made under section 66 of Ihat Act. My work has been undertaken so that I might state lo the charity's Trustees those mallers l am required to state to them in an independent examiner's report and for no olher purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my work or for this report. Responsibilities and basis of report. 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 requiremenls of the Charities Act (Northern Ireland) 2008 (the '2008 Act'l. You are satisfied Ihal your charity is not required by charity law to be audited and have chosen instead to have an independent examination. It is my responsibilily lo: examine the financial statements under section 65 of the Charities Act,. follow the procedures laid down in the general Directions given by Ihe Charity Commission for Northern Ireland under section 6519)(b) of the Act- ar)d slate whether particular matters have COTne to my atlention. Basis of independent examiner's report I have examined your charity financial statements as required under section 65 of the Charities Acl and my examinalion was carried out in accordan￿ 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 accounls presented wilh those records. It also included consideration of any unusual items or disclosures in Ihe financial statements. and seeking explanations from you as charity Trustees concerning any such matters Independent examiner's statemenl I have completed my examination. I confirm that no matters have come to my attention in connection with my examination giving me cause to believe Ihal in any material respect- 1 . accounting records were not kepl as required by with seclion 63 of the 2008 Act-, or 2. the financial stalements éo not accord with those records- or 3. the financial statements do not comply with the accounting requirements of the 2008 Act", or 4. the financial slalements 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 Ihat the accounts give a 'true and fairf view which is not a matter considered as part of an independenl examination. Christ Church Kilkeel Independent Examiner's Report to the Trustees of Christ Church Kilkeelfcontlnued) Year ended 31 December 2024 I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts lo be reached. Gar Indepe vans FCA ent Examiner PURDY QUINN Chartered Accountants 42 Greencastle Street Kilkeel Co Down BT34 4BH Christ Church Kilkeel Statement of Financial Activities Year ended 31 December 2024 2024 Restricted Endowment funds funds Total funds 2023 Unrestricted funds Total funds Note Income and endowments Donations and legacies Charitable activities Investment income Olher income 187,630 9,350 41.153 7.320 3.516 228,782 16,670 3.520 224,584 39,694 3,450 2,000 Total income 196,984 51,989 248,972 269,728 Expenditure Expenditure on charitable activities 195,237 34.404 229,641 231.049 Total expenditure 195.237 34,404 229.641 231,049 Transfers bel￿een funds 2,967 (2:967} Net gains on investments 11 (8,951) (8,9511 <4.329) Net income and net movement in funds 4,714 14.618 8.951 28,283 43,008 Reconciliation of funds Total funds brought forward Total funds carried forward 132,962 688,622 101.350 922,934 879,926 137.676 703,240 110,301 951,217 922,934 The statement of financial activities includes all gains and losses recognised in the year. All income and expendilure derive from continuing aclivities. The notes on pages 9 to 21 form part of these financial slatements. Christ Church Kilkeel Statement of Financial Position 31 December 2024 2024 2023 Note Fixed assets Tangible fixed assets Investments 16 17 597,943 140,301 600,312 131.350 738,244 731,662 Current assets Debtors Cash al bank and in hand 18 30.145 186,089 28,416 167,052 216.234 195,468 Creditors: amounts falling due within one year Nel current assets 19 3,261 4,198 212.973 191.270 Total assets le55 current liabilities 951.217 922,932 Funds of the charity Endowment funds Restricted funds Unreslricted funds 110,301 703,240 137,676 101,350 688,622 132,960 Total charity funds 21 951,217 922,932 These financial statements were approved by the board of trustees and authorised for issue on 21 October 2025: and are signed on behalf of the board by.. Rev A Calvin Trustee Ms J Linden Trustee The notes on pages 9 to 21 form part of Ihese financial statements. Christ Church Kilkeel Notes to the Financial Statements Year ended 31 December 2024 General information The charity is a public benefit entity and a registered charity in Northern Ireland and is unincorporated. The address of the principal office is 24 Newry Street, Kilkeel, Co Down. BT34 4DN. Statement of compliance These financial slatemenls have been prepared in compliance with FRS 102. The Financial Reporling Standard applicable in the UK and the Republic of Ireland,, the Statement of Recomfflended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charilies SORP (FRS 102)} and the Charities Act {Northern Ireland} 2008. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properlies measured at fair value through income or expenditure. The financial stslemenls are prepared in slerling. which is the functional currency of the entity. Going concem There are no material uncertainties about the charity's ability to continue. Transition to FRS102 The enlity transitioned from previous UK GA4P to FRS102 as at 1 January 2020. Judgemenls and key sources of estimation uncertainty The preparation of the financial statements requires management and trustees to make judgements, estimates and assumptions that affect the amounts reported. Tliese eslimates and judgements are continually reviewed and are based on experience and other faclors. including expectations of future events that are believed to be reasonable under the circumstances. Fund accounting Unrestricted funds are available for use at the discretion of the trustees to furlher any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Reslricled funds are subjected to restrictions on Iheir expendilure declared by the donor or through the terms of an appeal and fall into one of two sub