Charity registration number.. 103477 St John's Church Annual Report and Financial Statements for the Year Ended 31 December 2022
StJohn's Church Contents (continued) Reference and Administrative Details Trustees, Report Independent Examiner's Report Statement of Financial Activities 4t05 Balance Sheet Notes to the Financial Statements 7t012
StJohn's Church Reference and Administrative Details Trustees Mr A Byrne Mr G Hanna Mrs G Gleghorn Mr B Cash Mrs V Methven Mrs B Gibson Mrs B Mccaw Mrs B Robb MrJRoe Mrs J White Mrs H Mcclelland Mrs J Wilson Mrs S Roe Mrs C Shannon Mr D Maguinness Mrs J Aulds Rev Myrtle Morrison 103477 Charity Registration Number Principal Office 1 Alan Close Newcastle Co. Down BT33 OTA Independent Examiner KPS Accountants Limited 99 Central Promenade Newcastle Co. Down BT33 OHH Page 1
StJohn's Church Trustees. Report The trustees present the annual report together with the financial statements of the charity for the year ended 31 December 2022. Structure, governance and management Governing document The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity. Risk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assuran against fraud and error. The annual report was approved by the trustees of the charity on 18 April 2023 and signed on its behalf by.. Mrs Trust ilson Mrs C Shannon Trustee Page 2
St John's Church Independent Examiner's Report to the trustees of St John's Church I report to the trustees on my examination of the accounts of St John's Church for the year ended 31 December 2022. Respective responsibilities of trustees and examiner As the charity trustees you are responsible for the prepafation of the accounts in accordance with the requirements of the Charities Act (Northern Ireland) 2008. It is my responsibility to.. examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008- follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65{9)(b) of the Charities Act. and 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 Iieland 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 records. It also includes 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 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 accounting requirements of the Charities Act 4. That there is further information needed for a proper understanding of the accounts lo be reached. Independent examiner's statement I have completed my examination and have no concerns in respect of the matters (1 } 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 drawin9 to your attention. KPS Accountants Limited 99 Central Promenade Newcastle Co. Down BT33 OHH 18 April 2023 Page 3
StJohn's Church Statement of Financial Activities for the Year Ended 31 December 2022 Unrestricted funds Restricted funds Total 2022 Note Income and Endowments from: Donations and legacies Investment income 90,147 21,446 14,873 105,020 21,455 Total income 111,593 14,882 126,475 Expenditure on: Raising funds Charitable activities (3,955) (102,247) {3,955) 102.494) (247 Total expenditure Gainsllosses on investment assets (106,202) (4,664) {247) (106.449) (4,664) Net income Gross transfers beeen funds 727 11,701 14,635 {11,701} 15,362 Net movement in funds 12,428 2,934 15,362 Reconciliation of funds Total funds brought fOard 125,715 846,259 971,974 Total funds carried fofward 138,143 Unrestricted funds 849,193 Restricted funds 987.336 Total 2021 Note Income and Endowments from: Donations and legacies Charitable activities Investment income 68,920 18,719 750 28 87,639 750 22.501 22,473 Total income 91,393 19.497 110,890 Expenditure on: Raising funds Charitable activities (2,305) (57,381) (2,305) (113,6181 (56,2371 Total expenditure Gainsllosses on investment assets (59,686) 2,715 {56,237) (115,923) 2,715 Net incomel{expenditurel Gross transfers between funds 34,422 11,701 (36,740} {11,701) (2,318) Net movement in funds 46,123 (48,441) (2,318) The notes on pages 7 to 12 form an integral part of these financial statements. Page 4
St John's Church Statement of Financial Activities for the Year Ended 31 December 2022 (continued) Unrestricted funds Restricted funds Total 2021 Note Reconciliation of funds Total funds brought forward 89,942 884,349 974,291 Total funds carried forward 136,065 835,908 971,973 All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2021 is shown in note 9. The notes on pages 7 to 12 form an integral part of these financial statements. Page 5
StJohn's Church (Registration number: 103477) Balance Sheet as at 31 December 2022 2022 2021 Note Fixed assets Tangible assets 869,830 865,297 Current assets Debtors Investments Cash at bank and in hand 11,224 37,626 58,367 32.963 85,084 118,048 107,217 Creditors: Amounts falling due within one year Net current assets {542) {541) 117,506 106,676 Net assets 987,336 971,973 Funds of the charity: Restricted income funds Reslricted funds 849.193 835,908 Unrestricted income funds Unrestricted funds Other reserves (833,831) 971,974 (838,226) 974,291 Total unrestricted funds 138.143 136,065 Total funds 987,336 971,973 The financial statements on pages 4 to 12 were approved by the trustees, and authorised for issue on 18 April 2023 and signed on their behalf by. Mrs Trustee ilson Mrs C Shannon Trustee The notes on pages 7 to 12 form an integral part of these financial statements. Page 6
StJohn's Church Notes to the Financial Statements for the Year Ended 31 December 2022 1 Accounting policies Accounting conventton The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets the Charities Act (Northern Ireland) 2008 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. Incoming resources All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Resources expended Expenditure Is accounted fof on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particulai headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets The tangible assets comprise the Parish Centre and Glebe House at cost and are not depreciated. The Church buildings of St John's and St Colman's Graveyard are deemed to be Heritage assets as defined by the SORP (FRS 102). These Heritage assets are not included on the balance sheet as information on the cost or valuation is not available and such information cannot be obtained at a cost commensurate with the benefit to the user of the accounts or the Parish. Taxation The charity Is exempt from tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity- Restrictions arise when specified by the donor or when funds are raised for particulaf restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Depreciation and amortisation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation. less any estimated residual value, over their expected useful economic life as follows.. Page 7
St John's Church Notes to the Financial Statements for the Year Ended 31 December 2022 (continued) Trade debtors Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables. 2 Income from donations and legacies Unrestricted funds General Restricted funds Total funds Donations and legacies- Donations from individuals Gift aid reclaimed 79,098 11.049 14,873 93,971 11,049 Total for 2022 90,147 14,873 105,020 Total for 2021 68,920 18,719 87,639 3 Investment income Unrestricted funds General Restricted funds Total funds Interest receivable and similar income.. Interest receivable on bank deposits Other investment income 110 21,336 119 21.336 Total for 2022 21.446 21,455 Total for 2021 22.473 28 22,501 Page 8
StJohn's Church Notes to the Financial Statements for the Year Ended 31 December 2022 (continued) 4 Trustees rernuneration and expenses During the year the charity made the following transactions with trustees- Mrs J Wilson £383 {2021'. £105> of expenses were reimbursed to Mrs J Wilson during the year. Mrs K Law £60 (2021: £124) of expenses were reimbursed to Mrs K Law during the year. rJRoe £168 (2021: £150) of expenses were reimbursed to Mr J Roe during the year. Mr B Cash £87 (2021.. £Nil) of expenses were reimbursed to Mr B Cash during the year. Mrs J Aulds £341 (2021.. £Nil) of expenses were reimbursed to Mis J Aulds during the year. 5 Staff costs The monthly average number of persons (including senior management I leadership team) employed by the charity during the year expressed as full time equivalents was as follows. 2022 2021 Number of employees No employee received emoluments of more than £60.000 during the year Page 9
St John's Church Notes to the Financial Statements for the Year Ended 31 December 2022 (continued) 6 Tangible fixed assets Land and buildings Furniture and equipment Total Cost At 1 January 2022 Additions 834,850 34,250 13,166 869,100 13,166 At 31 December 2022 834.850 47,416 882,266 Depreciation At 1 January 2022 Charge for the year At 31 December 2022 3,803 8,633 3.803 8,633 12.436 12,436 Net book value At 31 December 2022 834,850 34,980 869,830 At 31 December 2021 834,850 30,447 865.297 7 Debtors 2022 2021 Other debtors 11,224 8 Creditors: amounts falling due within one year 2022 2021 Trade creditors 542 541 Page 10
St John's Church Notes to the Financial Statements for the Year Ended 31 December 2022 (continued) 9 Funds Balance at 31 December 2022 Balance at 1 January 2022 Incoming resources Resources expended Transfers Unrestricted funds General 125.715 111,593 (110,8661 11,701 138.143 Restricted funds 846,259 14,882 (247) (11,701) 849,193 Total funds 971,974 126,475 (111,113 987,336 Balance at 31 December 2021 Balance at 1 January 2021 Incoming resources Resources expended Transfers Unrestricted funds Geneial 89,942 91,393 (56,971) 11,701 136,065 Restricted funds 884,349 19,497 (56,2371 {11,701) 835,908 Total funds 974,291 110,890 {113,208) 971,973 10 Analysis of net assets between funds Total funds at31 December 2022 Unrestricted funds General Restricted funds Tangible fixed assets Current assets Current liabilities 34.980 89.306 (542) 834,850 28,742 869,830 118,048 (542) 987,336 Total net assets 123.744 863,592 Page 11
St John's Church Notes to the Financial Statements for the Year Ended 31 December 2022 (continued) Total funds at31 December 2021 Unrestricted funds General Restricted funds Tangible fixed assets Current assets Current liabilities 30,447 97,586 (541) 127,492 834,850 9,631 865,297 107,217 (541) 971,973 Total net assets 844,481 11 Analysis of net funds At31 December 2022 At 1 January 2022 Cash at bank and in hand Cuirent asset investments 58,367 37,626 58,367 37,626 Net debt 95,993 95,993 At31 December 2021 At 1 January 2021 Financing cash flows Cash at bank and in hand Current asset investments 105,070 34,911 105,070 (34,9111 Net debt 139.981 (34,911) 105,070 12 Related party transactions There were no related party transactions in the year. Page 12
StJohn's Church Statement of Financial Activities by fund for the Year Ended 31 December 2022 Total Total Unrestricted Unrestricted Funds Funds 2022 2021 Income and Endowments from: Donations and legacies Investment income 90,147 21,446 68,920 22,473 Total income 111,593 91,393 Expenditure on: Raising funds Charitable activities (3,955) (102,247 (2,305) (57,381 Total expenditure (106,202 (59,686 Net income Gross transfers between funds 5,391 11,701 31,707 11,701 Reconciliation of funds Total funds carried forward 17.092 43,408 This page does not form part of the statutory financial statements. Page 13
St John's Church Statement of Financial Activities by fund for the Year Ended 31 December 2022 (continued) Total Total Restricted Restricted Funds Funds 2022 2021 Income and Endowments from: Donations and legacies Charitable activities Investment income 14,873 18,719 750 28 Total income 14,882 19,497 Expenditure on- Charitable activities (247 (56,237 Total expenditure (247 (56,237 Net incomel(expenditure) Gross transfers between funds 14,635 (11,701) (36,740) (11,701) Reconciliation of funds Total funds carried fotward 2,934 {48.441) This page does not forni part of the statutory financial statements. Page 14
St John's Church Detailed Statement of Financial Activities for the Year Ended 31 December 2022 Total 2022 Total 2021 Income and Endowments from: Donations and legacies (analysed below) Charitable activities (analysed below) Investment income (analysed below) Total income 105,020 87,639 750 22,501 21,455 126,475 110,890 Expenditure on: Raising funds (analysed below) Charitable activities (analysed below) Total expenditure (3,955) 102,494) (2,305) 113,618) 106.449 115,923 Net incomel(expenditure) 20,026 5,033 Reconciliation of funds Total funds carried forward 20,026 5.033) This page does not form part of the statutory financial statements. Page 15
St John's Church Detailed Statement of Financial Activities for the Year Ended 31 December 2022 (continued) Total 2022 Total 2021 Donations and legacies Donations and legacies 105,020 105,020 87,639 87.639 Charitable activities Charitable activities {analysed below) 750 750 Investment income Interest receivable and similar income Other investment income 119 21.336 109 22,392 21,455 22,501 Raising funds Costs of generating donations and legacies (3,955) (2,305) (3,955) (2,305) Charitable activities Allocated support costs (102,494) {102,494 (113,618) (113.618 This page does not form part of the statutory financial statements. Page 16