2023-12-31-accounts - The Crowe Evangelical Trust

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The Crowe Evangelical Trust Financial Accounts

Year ended 31 December 2023

NI Registered Charity # NIC103604

The Crowe Evangelical Trust

Contents	Page
Independent Examiner’s report	1
Declaration of the Trustees	2
Statement of Receipts and Payments	3
Statement of Assets and Liabilities	4

Independent Examiner’s report to the Trustees of The Crowe Evangelical Trust Year ending 31 December 2023

This report is made to the Trustees of The Crowe Evangelical Trust in accordance with the terms of my engagement. I have reviewed the financial statements of the Trust which comprise of a Statement of Receipts and Payment and a Statement of Assets and Liabilities from the books of account and information and explanations you have given to me.

Respective responsibilities of charity trustees and examiner

As the charity’s trustees, 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
follow the procedures laid down in the general Directions given by the commission 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 for the year ended 31 December 2023, and a comparison of the accounts presented with those records. It also included 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:

That accounting records were not kept in accordance with section 63 of the Charities Act
That the accounts do not accord with those accounting records
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 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

Alan Murphy FCA FIATI Chartered Accountant

4 March 2024

The Crowe Evangelical Trust

Declaration of the Trustees

We confirm that:

i) we approve the accounts set out on pages 3 and 4 and confirm that we are responsible for them, including the selection of the accounting policies and the judgements underlying them.
ii) we have made available to Alan Murphy, all the accounting records of the Trust and have provided him with all the information necessary for the completion of the accounts.
iii) to the best of our knowledge and belief, the accounting records reflect all the transactions entered into by the Trust in the period ended 31 December 2023.

Signed

___ ________ Trustee Trustee

Date

31 Downshire Gardens Carrickfergus Co Antrim BT38 7LN

The Crowe Evangelical Trust

Statement of Receipts and Payments

Year Ended 31 December 2023

		2023		2022
	Un-	Restricted	Un-	Restricted
	Restricted		Restricted
	£	£	£	£
Receipts
Interest Receivable	23	-	3		-
Donations	-	2,100	-	600
Gift Aid	550	-	380		-
Total Receipts	573	2,100	383	600
Payments
Cost of charitable activities	3,250	2,100	3,750	600
Accountancy	285	-	270		-
Office Sundries	14	-	29		-
Total Payments	3,549	2,100	4,049	600
(Deficit)	(2,976)	-	(3,666)		-

The Crowe Evangelical Trust

Statement of Assets and Liabilities

31 December 2023

Cash at Bank (Current) Investments (Current Value) Capital Investment £139,432 (2022: £151,036) Represented By Balance brought forward 1 January Investment changes in the year(Note 1) (Deficit) for Year Receipts & Payments Closing Reserves 31 December	2023 £ 12,519 172,528 185,047 Un- Restricted Restricted 179,105 50 8,868 - (2,976) - 184,997 50	2022 £ 3,891 175,264 179,155 Un- Restricted Restricted 204,779 50 (22,008) - (3,666) - 179,105 50

Closing Reserves 31 December

Note 1
Original Investment
2017 Valuation changes and fund charges
Balance @ 31/12/2017
2018 Valuation changes and fund charges
Balance @ 31/12/2018
2019 Capital Withdrawal (Apr 19)
2019 Valuation changes and fund charges
Balance @ 31/12/2019
2020 Capital Withdrawal (Oct 20)
2020 Valuation changes and fund charges
Balance @ 31/12/2020
2021 Capital Investment (Apr 21)
2021 Valuation changes and fund charges
Balance @ 31/12/2021
2022 Valuation changes and fund charges
Balance @ 31/12/2022
2023 Capital Withdrawal (Dec 23)
2023 Valuation changes and fund charges
Balance @ 31/12/2023

£143,286
£ 3,847
£147,133
(£ 369)
£146,764
(£ 2,250)
£ 18,049
£162,563
(£10,000)
£ 8,983
£161,546
£ 20,000
£ 15,726
£197,272
(£22,008)
£175,264
(£11,604)
£ 8,868
£172,528