Charity registration number.. 103477 St John's Church Annual Report and Financial Statements for the Year Ended 31 December 2024
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
St John's Church Reference and Administrative Details Trustees Mr George Hanna Mr Bill Cash Mrs Bridget Mccaw Mrs Barbara Robb Mr John Roe Mrs Jennifer White Mrs Sarah Roe Mr David Maguinness Mrs Jill Aulds Cannon Myrtle Morrison Mrs Wendy Rooney Mr Brian McBurney Mrs Tracey Magowan Mr lan Smyth Mrs Keren Akkari Mr Robert Milligan Mrs Janice Mitchell Charity Registration Number 103477 Principal Office 7 Sunningdale Drive Newcastle Co. Down BT33 OQJ Independent Examiner KPS Accountants Limited 50A Main Street Newcastle Co. Down BT33 OAD Page 1
StJohn's Church Trustees. Report The trustees present the annual report together with the financial ststements of the charity for the year ended 31 Dember 2024. 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 assurance against fraud and error. The annual report was approved by the trustees of the charity on 8 April 2025 and signed on its behalf by.. Mr lan Smyth Trustee Mr Robert Milligan 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 2024. Respective responsibilities of trustees and examiner As the charity trustees you are responsible for the preparation 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 Ireland under section 65(9)(bl 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 propel understanding of the accounts to 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 drawing to your attention. Nicole Toner ACCA KPS Accountants Limited 50A Main Street Newcastle Co. Down BT33 OAD 8 April 2025 Page 3
St John's Church Statement of Financial Activities for the Year Ended 31 December 2024 Unrestricted funds Restricted funds Total 2024 Note Income and Endowments from: Donations and legacies Investment income 118,880 24,583 25,054 127 143,934 24,710 Total income 143,463 25,181 168,644 Expenditure on: Raising funds Charitable activities (1,6301 (140,652) (1,630) (144,733 (4,081) Total expenditure Gainsllosses on investment assets (142,282) 3,323 (4,081) (146,363) 3,323 Net income 4,504 21,100 25,604 Net movement in funds 4,504 21,100 25,604 Reconciliation of funds Total funds brought forward Total funds carried forward 116,303 910,835 1,027,138 120,807 931,935 1,052,742 The notes on pages 7 to 12 form an integral part of these financial ststements. Page 4
StJohn's Church Statement of Financial Activities for the Year Ended 31 December 2024 (continued) Unrestricted funds Restricted funds Total 2023 Note Income and Endowments from: Donations and legacies Charitable activities Investment income 95,909 12,180 38,000 92 108,089 38,000 23,300 23,208 Total income 119,117 50,272 169,389 Expenditure on: Raising funds Charitable activities (4,750) (126,033 (4,750) 126,364 331 Total expenditure Gainsllosses on investment assets (130,783) 1,527 (331) (131,114) 1,527 Net (expenditure)lincome (10,139) 49,941 39,802 Net movement in funds (10,139) 49,941 39,802 Reconciliation of funds Total funds brought forward Total funds carried forward 126,442 860,894 987,336 116,303 910,835 1,027,138 All of the charity's activities derive from continuing operations during the above I0 periods. The notes on pages 7 to 12 form an integral part of these financial statements. Page 5
St John's Church (Registration number: 103477) Balance Sheet as at 31 December 2024 2024 2023 Note Fixed assets Tangible assets 859,183 863.271 Current assets Investments Cash at bank and in hand 37,813 157,635 195,448 34,490 134,662 169,152 Creditors: Amounts falling due within one year 1,889 5,285 Net current assets 193,559 163,867 Net assets 1,052,742 1,027,138 Funds of the charity: Restricted income funds Restricted funds 931,935 910,835 Unrestricted income funds Unrestricted funds Other reserves (906,331) 1,027,138 (871,033) 987,336 Total unrestricted funds 120,807 116,303 Total funds 1,052,742 1,027,138 The financial statements on pages 4 to 12 were approved by the trustees, and authorised for issue on 8 April 2025 and signed on their behalf by: Mr lan Smyth Trustee Mr Robert Milliga 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 Ststements for the Year Ended 31 December 2024 1 Accounting policies Accounting convention 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 for 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 particular 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 balan 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 particular 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- Asset class Fixtures and Fittings Office Equipment Depreciation method and rate 20°/o Straight line 20 % straight line Page 7
St John's Church Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) Pensions and other post retirement obligations The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods. Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for servi, the excess is recognised as a prepayment. 2 Income from donations and legacies Unrestricted funds General Restricted funds Total funds Donations and legacies- Donations from individuals Gift aid reclaimed Grants, including capital grants. Grants from other charities 102,303 15,237 16,054 118,357 15,237 1,340 9,000 10,340 Total for 2024 118,880 25,054 143.934 Total for 2023 95,909 12,180 108,089 3 Investment income Unrestricted funds General Restricted funds Total funds Interest receivable and similar income., Interest receivable on bank deposits Other investment income 611 23,972 127 738 23,972 Total for 2024 24,583 127 24,710 Total for 2023 23,208 92 23,300 Page 8
St John's Church Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 4 Trustees remuneration and expenses During the year the charity made the following transactions with trustees: Mrs Jill Aulds £1,853 {2023'. £Nil) of expenses were reimbursed to Mrs Jill Aulds during the year. Cannon Myrtle Morrison £5,949 (2023.. £Nil) of expenses were reimbursed to Cannon Myrtle Morrison during the year. Mr John Roe £49 (2023: £Nil) of expenses were reimbursed to Mr John Roe during the year. Mr Robert Milligan £508 (2023.. £Nil) of expenses were reimbursed to Mr Robert Milligan during the year. No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. No trustees have received any other benefits from the charity 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.. 2024 No 2023 No Number of employees No employee received emoluments of more than £60,000 during the year Page 9
StJohn's Church Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 6 Tangible fixed assets Land and buildings Furniture and equipment Total Cost At 1 January 2024 Additions 836,102 49,116 7,170 885,218 7,170 At 31 December 2024 836,102 56,286 892,388 Depreciation At 1 January 2024 Charge for the year 21,947 11,258 21,947 11,258 At 31 December 2024 33,205 33,205 Net book value At 31 December 2024 836,102 23,081 859,183 At 31 December 2023 836,102 27,169 863,271 7 Creditors: amounts falling due within one year 2024 2023 Trade creditors Other creditors 1,789 100 4,990 295 1,889 5,285 8 Pension and other schemes Defined contribution pension scheme The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £512 (2023 - £461). Page 10
St John's Church Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 9 Funds Balance at 31 December 2024 Balance at 1 January 2024 Incoming resources Resources expended Unrestricted funds General 116,303 143,463 (138,959) 120,807 Restricted funds 910,835 25,181 (4,081) 931,935 Total funds 1.027,138 168,644 143,040) 1,052,742 Balance at 31 December 2023 Balance at 1 January 2023 Incoming resources Resources expended Unrestricted funds General 126,442 119,117 (129,256) 331 116,303 Restricted funds 860,894 50,272 910,835 Total funds 987,336 169,389 (129,587) 1,027,138 10 Analysis of net assets between funds Total funds at31 December 2024 Unrestricted funds General Restricted funds Tangible fixed assets Current assets Current liabilities 23,081 141,841 1,889 836,102 53,607 859,183 195,448 (1,889 1,052,742 Total net assets 163,033 889,709 Page11
St John's Church Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) Total funds at31 December 2023 Unrestricted funds General Restricted funds Tangible fixed assets Current assets Current liabilities 27,169 132,256 (5,2851 154,140 836,102 36,896 863,271 169,152 (5,285 1,027,138 Total net assets 872,998 11 Analysls of net funds At31 December 2024 At 1 January 2024 Cash at bank and in hand Current asset investments 134,662 34,490 134,662 34,490 Net debt 169,152 169,152 At31 December 2023 At 1 January 2023 Financing cash flows Cash at bank and in hand Current asset investments 85,084 32,963 85,084 (32,963) Net debt 118,047 {32,963) 85,084 12 Related party transactions There were no related party transactions in the year. Page 12
St John's Church Statement of Financial Activities by fund for the Year Ended 31 December 2024 Total Total Unrestricted Unrestricted Funds Funds 2024 2023 Income and Endowments from: Donations and legacies Investment income 118,880 24,583 95,909 23,208 Total income 143,463 119,117 Expenditure on: Raising funds Charitable activities {1,630) (4,750) {140,652) (126,033) Total expenditu Gainsllosses on investment assets (142,282) (130.783) 3,323 1,527 Net incomel{expenditure) Reconciliation of funds 4,504 (10,139) Total funds carried forward 4,504 (10,139) 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 2024 (continued) Total Total Restricted Restricted Funds Funds 2024 2023 Income and Endowments from: Donations and legacies Charitable activities Investment income 25,054 12,180 38,000 92 127 Total income 25,181 50,272 Expenditure on: Charitable activities 4,081 331 Total expenditure 4,081 331 Net income 21,100 49,941 Reconciliation of funds Total funds carried foMard 21.100 49,941 This page does not form part of the statutory financial statements. Page 14
St John's Church Detailed Statement of Financial Activities for the Year Ended 31 December 2024 Total 2024 Total 2023 Income and Endowments from: Donations and legacies {analysed below} Charitable activities (analysed below) Investment income (analysed below) 143,934 108,089 38,000 23,300 24,710 Total income 168,644 169,389 Expenditure on: Raising funds (analysed below) Charitable activities (analysed below) (1,630) 144,733) (4,750) {126,364) Total expenditure Gainsllosses on investment assets (analysed below) Net income (146,363) 3,323 (131,114) 1,527 25,604 39,802 Reconciliation of funds Total funds carried forward 25,604 39,802 This page does not ft)rm part of the statutory financial statements. Page 15
St John's Church Detsiled Statement of Financial Activities for the Year Ended 31 December 2024 (continued) Total 2024 Total 2023 Donations and legacies Donations and legacies Grants, including capital grants 133,594 10,340 143,934 108,089 108,089 Charitable activities Charitable activities (analysed below) 38,000 38,000 Investment income Interest receivable and similar income Other investment income 738 23,972 544 22,756 24,710 23,300 Raising funds Costs of generating donations and legacies (1,630 (1,630) (4,750) (4,750) Charitable activities Allocated support costs Staff costs (144,221) (512) (144,733) (125,903) (461) {126,364) Gains/losses on investment assets (Gain)Iloss on programme related investments 3,323 1,527 This page does not form part of the statutory financial statements. Page 16