# **Portadown Christian Centre**
# **Trustees’ Annual report and Statement of Receipts and Payments and Assets and Liabilities**
**For the year ended 28[th] February 2023**
**Charities Number: 103638**
## **Portadown Christian Centre**
## **Annual report and financial statements for the year ended 28 February 2023**
## **Contents**
||Pages|
|---|---|
|References and administrative details of the Charity|1|
|Trustees’ report|2 - 5|
|Independent Examiners Report to the Trustees|6|
|Receipts and payments account|7|
|Statement of assets and liabilities|8|
|Notes to the financial statements|9 - 11|
## **Portadown Christian Centre**
**References and administrative details** Charity Name: Portadown Christian Centre Charity Registration Number: 103638 Contact Address: 1 Levaghery Court, Portadown, Craigavon, BT63 5FQ **Trustees** Pastor George Elliott Mrs Irene Elliott Mr Norman Turner Mrs Isabel Rathore **Principal Office-bearers** Pastor: Pastor George Elliott Church Treasurer: Mrs Irene Elliott **Independent Examiner** JDMR Limited Chartered Accountants & Registered Auditors 16 Church Street Dungannon Co Tyrone **Principal Bankers** Ulster Bank Portadown Branch 20 High Street Portadown Co Armagh BT62 1HU
Page 1
## T **rustees’ Annual Report for the year ended 28 February 2023**
The trustees present the annual report and statements of Receipts and Payments and Assets and Liabilities for Portadown Christian Centre for the year ended 28 February 2023.
## **Objectives and Activities**
The charitable purpose of Portadown Christian Centre is the advancement of religion.
The principal function of Portadown Christian Centre is to support the advancement of the Christian religion by promoting, through the work of Portadown Christian Centre the whole mission of the Church, pastoral, evangelistic and social. Being open to 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 the advancement of the Christian religion, Portadown Christian Centre has custody of property and of records, materials and artefacts of significance to the cultural and religious heritage and maintenance of which is undertaken by the trustees of Portadown Christian Centre.
## **Achievements, Performance & Public Benefit**
Portadown Christian Centre has weekly services on Sunday mornings together with various other special services during the year. Prayer meetings are held on a regular basis. Pastoral care is also provided.
A range of other activities are also provided by Portadown Christian Centre including a regular coffee morning and Barbeques which are open to the wider community in Portadown. Portadown Christian Centre also operates the collection of provisions for a local foodbank in the Portadown area. This foodbank provides much needed support for disadvantaged families in need of basic essentials.
Portadown Christian Centre also collect gifts for children at Christmas and these are given to the Salvation Army Christmas toy appeal to help disadvantaged children. Portadown Christian Centre also support the Samaritans purse appeal.
Portadown Christian Centre supports ministry to the elderly with meetings being held in a local Portadown nursing home.
Portadown Christian Centre also supports overseas charitable activity. In particular financial aid is given to a project in Venezuela which supports the children of imprisoned parents within that country.
The activities outlined above demonstrate how Portadown Christian Centre continues to implement its charitable purposes (i.e. the advancement of religion) and meets the Public benefit requirement. Benefits to members of the public include contributing to spiritual well-being of participants and the reinforcement of Christian values.
Page 2
## **Trustees’ Annual Report for the year ended 28 February 2023 (continued)**
## **Achievements, Performance & Public Benefit (continued)**
The Charity 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 Charity’s objectives as well as providing public benefit.
## **Financial Review**
- The principal source of income of Portadown Christian Centre continues to be from Donations and Plate Collections.
- The principal expense of Portadown Christian Centre is in respect of payments regarding wages and church maintenance expenses.
- Portadown Christian Centre had an excess of receipts over payments before other gains of £69,007.23 for the year ended 28 February 2023.
- Portadown Christian Centre continues to be in a healthy financial state as at 28 February 2023 with total cash funds of £80,670.52.
- Portadown Christian Centre aims to retain sufficient reserves to meet its expected future expenditure requirements as well as potential future capital projects.
Page 3
## **Trustees’ Annual Report for the year ended 28 February 2023 (continued)**
## **Structure, Governance and Management**
## **Going Concern**
The trustees have reviewed its planned expenditure for the year ahead and are satisfied that there are adequate funds in place to ensure that the Charity can continue its activities and the financial statements for the year ended 28 February 2023 can be signed off as a going concern.
## _**Governing Document and Constitution of the Charity**_
The governing document of the charity is the Constitution of Portadown Christian Centre.
## _**Recruitment and Appointment of Trustees**_
All members of the Church who are over the age of 18 are eligible to be trustees of the charity. Trustees of the charity are elected by the incumbent pastor of the church. There is no limit on the length of period which may be served by the trustees.
## _**Organisational Structure**_
The trustees are responsible for the day to day management of the charity.
The trustee meetings are chaired by the incumbent pastor of the church. Trustees are responsible for making decisions on matters of general concern and importance to the charity including deciding how charity funds are to be applied.
The trustees meet at times fixed by the pastor with a minimum of three meetings per year. Special meetings may be convened at any time by the pastor or trustees.
## _**Compliance with Public Benefit**_
The Charity 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 Charity’s objectives as well as providing public benefit.
Page 4
## **Trustees’ Annual Report for the year ended 28 February 2023 (continued)**
## **Statement of Trustees' Responsibilities**
The trustees are responsible for preparing the Trustees’ Report and the statement of receipts and payments and statement of assets and liabilities in accordance with applicable law and regulations.
The law applicable to charities in Northern Ireland with Income of less than £250,000 requires the trustees to prepare a statement of receipts and payments and a statement of assets and liabilities for each financial year.
The trustees are responsible for keeping accounting records that are sufficient to show and explain the Charity’s transactions and disclose with reasonable accuracy at any time the assets and liabilities of the Charity. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
**Signed on Behalf of the Trustees**
**Trustee 1 George Elliott**
**Trustee 2 Irene Elliott**
**Date 26[th] September 2023**
Page 5
## **Independent Examiners Report to the Trustees of Portadown Christian Centre**
## **Respective responsibilities of the trustees and examiner**
The charity’s trustees responsibility for the preparation of the trustees report and the accounts, as set out on pages 2 to 11, in accordance with applicable Northern Irish law and the accounting standards issued by the Accounting Standards Board and published by The Institute of Chartered Accountants in Ireland (Generally Accepted Accounting Practice in Northern Ireland) are set out in the Statement of Directors’ Responsibilities on page 5. The charity’s trustees consider that an audit is not required for this year but have requested that an independent examination be carried out. It is my responsibility to:
- Examine the accounts
- To follow the procedures laid down in the general directions given by the terms of our engagement and
- To state whether particular matters have come to my attention.
This report, including the statement, has been prepared for and only for the charity’s trustees as a body in accordance with the terms of our engagement and for no other purpose. We do not, in giving this statement, accept or assume responsibility for any other purpose or to any other person to whom this report is shown or into whose hands it may come save where expressly agreed by our prior consent in writing.
## **Basis of independent examiner’s statement**
My examination was carried out in accordance with general directions given by the terms of our engagement. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented within those records. It also includes consideration of any unusual items or disclosures within the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts provide a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
## **Independent examiner’s statement**
In connection with my examination of the financial statements for the year ended 28 February 2023, no matter has come to my attention
1. which gives me reasonable cause to believe that, in any material respect, the requirements:
- to keep accounting records
- to prepare accounts which accord with the accounting records and comply with accounting requirements
have not been met
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Jonathan Ruddell**
Jonathan Ruddell For JDMR Limited Chartered Accountants & Registered Auditors Dungannon 26[th] September 2023
Page 6
## **Receipts and Payments Account for the year ended 28 February 2023**
|**_Receipts_**
Donations & plate collections
Proceeds from Fund Raising Events
Bank & Deposit interest
Investment income
Rental of premises
Loan received
Other Income
**Total Receipts**
**_Payments_**
Church & Hall Running Costs
Administrative Costs
Fundraising Costs
Charitable Donations
Other
Payments to Organisations
**Total Payments**
**Excess of receipts**
**over payments before transfer**
**_Transfers_**
Gross transfers between funds - in
Gross transfers between funds - out
**Excess of receipts**
**over payments before other gains**|**Unrestricted** **Designated** **Restricted**
**Total**
**Total**
**funds**
**funds**
**funds**
**funds**
**funds**
**2023**
**2023**
**2023**
**2023**
**2022**
**£**
**£**
**£**
**£**
**£**
104,006.64
—
— 104,006.64
35,416.08
—
—
—
—
—
14.39
—
—
14.39
8.44
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
470.00
— —
470.00
—
**104,491.03**
—
—**104,491.03**
**35,424.52**
28,426.88
—
—
28,426.88
29,695.47
1,586.47
—
—
1,586.47
1,524.42
—
—
—
—
—
767.00
—
— 767.00 175.00
4,703.45 —
—
4,703.45 1,463.20
—
— —
—
—
**35,483.80**
**—**
—
**35,483.80**
**32,858.09**
**69,007.23**
—
**—**
**69,007.23**
**2,566.43**
—
—
—
—
-
—
—
—
—
-
**69,007.23**
**—**
**— 69,007.23 2,566.43**|
|---|---|
## **On Behalf of the Trustees**
**Trustee 1 George Elliott**
## **Trustee 2 Irene Elliott**
Page 7
## **Statement of Assets and Liabilities as at 28 February 2023**
|**Cash Funds**
Ulster Bank No 1 Account
**Total Cash Funds**
Investments
**Total Investment Assets**
**Assets retained for the**
**Charity’s own use**
Church building and land
Church Hall
Fixtures and Fittings
**Total Assets retained for the**
**Charity’s own use**
**Total Assets**|**Unrestricted**
**Funds**
**2023**
**£**
**Designated**
**Funds**
**2023**
**£**
**Restricted**
**Funds**
**2023**
**£**
**Total**
**Funds**
**2023**
**£**
**Total**
**2022**
**£**
80,670.52
-
-
80,670.52
11,663.29|
|---|---|
||**80,670.52**
**-**
**-**
**80,670.52**
**11,663.29**|
||-
-
-
-
-|
||**-**
**-**
**-**
**-**
**-**|
||150,000.00
-
-
150,000.00
150,000.00
3,000.00
-
-
3,000.00
3,000.00|
||153,000.00
**-**
**-**
153,000.00
153,000.00|
|||
||**233,670.52**
**-**
**-**
**233,670.52**
**164,663.29**|
**On Behalf of the Trustees**
**Trustee 1 George Elliott**
**Trustee 2 Irene Elliott**
Page 8
## **Notes to the financial statements for the year ended 28 February 2023**
## **1. Accounting policies**
Set out below are the principal accounting policies which have been adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Liabilities
## **(a) Receipts and Payments Account**
All items of income and expenditure included within the Receipts and Payments Account have been accounted for on a cash receipts basis.
## **(b) Statement of Assets and Liabilities**
## **(i)** _**Assets retained for the Charity’s own use**_
The assets of the Charity, retained for its own use comprise:-
- Church Building and Land
- Fixtures and fittings
The Church Building is recognised at the estimated net realisable value of the property.
Fixtures and Fittings are recognised at cost and are depreciated on a straight line basis over a period of 5 years. The church has set a minimum threshold of cost for an item of £500 for it to be considered to be capitalised as a fixed asset.
## **ii) Investments**
Fixed asset investments are initially recorded at cost and are then subsequently stated at fair value at each year end date.
Page 9
## **Notes to the financial statements for the year ended 28[th] February 2023 (continued)**
## **2. Reconciliation of Cash Funds**
|Total Cash Funds at Beginning of the year
Receipts for the Year
Payments for the Year
Total Cash Funds at end of the year|£
11,663.29
104,491.03
(35,483.80)|
|---|---|
||£80,670.52|
## **3. Movement in Funds**
|**Endowment funds**
**Restricted funds**
**Unrestricted funds**
Ulster Bank No 1 Account
Cash Account
**Total funds**|**At 1 Mar**
**2022**
**£**
-
-
-
-
11,663.29
-
11,663.29
11,663.29|**Incoming**
**Resources**
**£**
**-**
-
**-**
**-**
101,929.03
2,562.00
104,491.03
104,491.03|**Outgoing**
**Resources**
**£**
**-**
-
**-**
**-**
- 32,921.80
-2,562.00
-35,483.80
-35,483.80|**Transfers**
**£**
-
-
-
-
-
-
-|**Investment**
**Gain/(Loss)**
**£**
-
-
-
-
-
-
-|**At 28 Feb**
**2023**
**£**
-|
|---|---|---|---|---|---|---|
|||||||-|
|||||||-|
|||||||-|
|||||||80,670.52
-|
|||||||80,670.52|
|||||||80,670.52|
## **4. Collections for Third Parties**
There were no collections for third parties in the current year.
Page 10
## **Notes to the financial statements for the year ended 28 February 2021 (continued)**
## **5. Transactions with the Trustees**
Pastor George Elliott was paid £15,500 for services rendered in his role as church pastor during the financial period. The charity also paid expenses relating to the Pastor’s own car totalling £340.00.
## **6. Governance Costs**
Governance costs of £750.00 were incurred during the year which solely relate to fees paid to the independent examiner. Governance costs are included within Administrative Costs in the Receipts and Payments Accounts.
Page 11