Charity registration number.. 104633 Go For God Annual Report and Finaneial Statements for the Year Ended 31 March 2023 Philip Nixon ACA Ind¢pendant Examiner Hamilton Morris Waugh 34 Dufferin Avenue Bangor BT20 3AA
Go For God Contents (continued) Reference and Administrative Details TrLSStees' Report Statement of Trustees, Responsibilities Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 7t0 11
Go For God Reference and Administrative Details Trustees Mr Laurence Edgar Ms Jean Edgar 104633 Charity Registration Number Principal Office 69 Church Road Dundonald Belfast Co Down BT16 2LW Independent Examiner Philip Nixon ACA Independant Examiner Hamilton Morris Waugh 34 Dufferin Avenue Bangor BT20 3AA Page I
Go For God Trustees, Report The trustees present the annual report together with the financial statements of th¢ charity for the year ¢nded 31 March 202J. Structure> governance and management Organisutional struclure The management commitee who served during the year and up to the date of this report are set out on pag¢ l. The management commitee are appointed at the annual general meeting. The management commitee have assessed the major risks to which the Charity is exposed. and are satisfied that systems are in place to mitigate exposure to the major risks. Objectives and #etivities Objects und aims The charity aims to provide aid to Pastors in Churches in both Philippines and Nigeria. The cliarity also aims to support, help and provide local rehabilitation in Northem Ireland. Thi5 provides care and practical help allowing people to be rehabilitated back into the community. Financial review In the 2023 year, the charity continues to place charitable boxes in local shops, post offices and pertrol stations. These help generate funds for the objectives of the charity. Plans for futurt periods Aims and key objecf1vIorfts1mreperIodS The charity plans to continue the funding to both Philippines and Nigeria to enable the building of a local church. The charity also hopes to enable these pastors to further spread the word, setting up a churhes where possible. The charity is aiming to further introduce 'Go For God, into the community. The annual report was approved by the trustees of the charity on I l August 2023 and signed on its behalf by.. Mr Laurence Edgar Trustee Page 2
Go For God Statement of Trustees, Responsibilities The trustees are responsible for preparing the trustees, report and the financial statements in accordance with the Financial Reportlng Standards in the UK and Republic of Ireland (FRS 102) and applicable law and regulations. The law applicable to charities requires the trustees to prepare financial ststements for each finaneial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resour¢e5 of the charity for that period. In preparing these financial statements, the trustees are required to-. select suitable accounting policies and then apply them consistently. observe the method5 and principles in the Charities SORP (SORP). make judgements and estimates that are reasonable and prudent. state whether applicable accounting Standards have been followed. subject to any material departures disclosed and explained in the financial statements. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting re¢ords that disclose with reasonable accura¢y at any time the financial position of the cliarity and enable them to ensure that the financial statements comply with the Charities Act INorthern Ireland) 2008. the applicable charities (Accounts and Reports) Regulations (Northern Ireland). and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for th¢ prevention and detection of fraud and other irregularities. Approved by the trustees of the charity on I l August 2023 and signed on its behalf by: Mr Lauren Trustee Edgar Page 3
Go For God Independent Examiner's Report to the trustees of Go For God I report to the tSteeS on my examination of the accounts of Go For God for the year ended 31 March 2023. Responsibilities and basis of report As th¢ charity's trustees of Go For God you are responsible for the preparation of the accounts An 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. to follow the proeedures laid down in the general directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. and to State whether particular matters hav¢ wme 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 and a comparison of the accounts presented witli those records. It a150 includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe. l. The 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 a¢¢ounts do not comply with the accounting requirements of the Charities Act. 4. That there is further infomiation needed for a proper understanding of the accounts to be reached. Independent examiner'5 Statement I have completed my examination and have no concerns in respect of the matters { l) 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. Philip Nixon ACA Independant Examiner Hamilton Morris Waugh 34 Dufferin Avenue Bangor BT20 3AA I l August 2023 Page 4
Go For God Statement of Financial Activities for the Year Ended 31 March 2023 Unrestricted funds Total 2023 Note Income and Endowments from: Donations and legacie5 7.627 7.627 Total income 7,627 7,627 Expenditure on: Raising funds Charitable activities (1,220) (7,603) {1.220) (7.603) Total expenditure (8,823) (8,823) Net expenditure {1,196) (1,196) Net movement in funds (1.196) (1,196) Retonciliation of funds Total funds brought forward Total funds carried forward 2,008 2.008 io 812 812 Unrestricted funds Total 2022 Note Income and Endowments from: Donations and legacies Investment income 14,651 14.651 Total income 14.653 14,653 Expenditure on: Raising funds Cliaritable activities (1,414) (14,377) (1,414) (14,377) Total expendlture (15,791) (15.791) Net expenditure (1,138) (1,138) Net movement in ndS (1,138) (1,138) Re¢onciliation of funds Total funds brought foNard Total ndS ¢arried fonvard 3.146 3,146 io 2.008 2.008 All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2022 is shown in note 10. The notes on pages 7 to l I forni an integral part of these financial statements. Page 5
Go For God (Registration number: 104633) Balance Sheet as at 31 March 2023 2023 2022 Note Fixed assets Tangible a55ets 775 Current assets Cash at bank and in hand ,226 1,593 Creditors". Amounts falling due within one year Net current assets 414) (360) 812 1,233 Net assets 812 2,008 Funds of the chArity: Unrestricted income funds Unrestricted funds 812 2,008 Total funds 10 812 2,008 The financial statements on pages 5 to I I were approved by the trustees, and authorised for issue on I l August 2023 and signed on their behalf by.. Mr Lauren Trustee Edgar Th¢ notes on pages 7 to I I fomi an integral part of these financial statements. Page 6
Go For God Notes to the Financial Statements for the Year Ended 31 March 2023 l Accounting policies Statement of compliance The financial statements have been prepared in accordance with the Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) {eff¢ctive l January 2015) - (Charities SORP {FRS 102)). the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act (Northern Ireland) 2008. Basis of preparation Go For God meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. Going concern The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. Income and endowments Voluntary income including donations, gifts, legacies and grants that provide Core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability. Donalions and legacies Donations and legacies are recognised on a receivable basis when receipt is probabl¢ and the amount can be reliably measured. Inveslment income Dividends are recognised once the dividend has been de¢lared and notification has been received of the dividend due. Expenditure All expenditure is recognised once there is a legal or constructive obligation to that expenditure. it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff osts allocated on the basis of time spent, and depreciation charge5 allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Ruisingfunds These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds. Charilable aclivilies Charitable expenditure comprises those Costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes botli costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Page 7
Go For God Notes to the Financial Statements for the Year Ended 31 March 2023 (continued) Support costs Support costs include central funrfions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example. allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Governance Costs These include the costs attributable to the charity's compliance with constitIOnal and statutory requirements, including audiL strategic management and trustees meetings and reimbursed expense5. TaxAtion The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it rneets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are applied exclusively to charitable purposes. Tangible fixed assets Individual fixed assets costing £500.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impainnent losses. Depreciation and amortisation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, les5 any estimated residual value, over their expected useful economic life as follows.. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposit5. and other short-term highly Ilquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Borrowings Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs. and the amount due on redemption being recogni5ed as a charge to the Statement of Financial Activities over the period of the relevant borrowing. Interest expense is rQgnised on the basis of the effective interest method and is in¢luded in interest payable and similar charges. Borrowings are classified as cuent liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date. Fund structure Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity. Page 8
Go For God Notes to the Financial Statements for the Year Ended 31 March 2023 (continued) 2 Income from donations and legAcies Unrestrieted funds General Total funds Donations and legacies. Donations from individuals 7.627 7.627 Total for 2023 7,627 7,627 Total for 2022 14,651 14,651 3 Investment ineome Unrestricted funds General Totgl funds Total for 2023 Total for 2022 4 Expenditure on raising funds a) Costs of trading activitie5 Unrestricted funds General Total funds Note Allocated support Costs Total for 2023 1,220 1,220 1.220 1,220 Tot41 for 2022 1,414 1.414 Page 9
Go For God Notes to the Financial Statements for the Year Ended 31 March 2023 (continued) 5 Analysis of governance and support eosts Support costs allocated to raising funds AdministrAtion costs Total funds Basis of allocation Costs of trading activities 1,220 1.220 Total for 2023 1,220 1,220 Total for 2022 1.414 E,414 Basis of allocation Reference Method of alloeation Operational costs Charitable activities expenditure Unrestricted funds General TotAI 2023 Total 2022 Basis of allocation Chartiable activities 7,189 7,189 14,017 Governanee costs Unrestricted funds General Total funds Independent examiner fees Other fees paid to examiners 414 414 Total for 2023 414 414 TotAI for 2022 360 360 6 Taxation The Charity is a registered charity and is therefore exempt from taxation. Page 10
Go For God Notes to the Financial Statements for the Year Ended 31 March 2023 (continued) 7 Tangible fixed assets Furniture and equipment Total Cost At l April 2022 3,100 3,100 At 31 March 2023 3,100 3,100 Depreciation At l April 2022 Charge for the year At 31 March 2023 2,325 775 2,325 775 3,100 3,100 Net book value At 31 March 2023 At 31 March 2022 775 775 8 Cash #nd cash equivalents 2023 2022 Cash at bank 1,226 1,593 9 Creditors: gmounts falling due within one year 2023 2022 Accruals 414 360 10 Funds Balance at I April 2022 Incoming resources Resources expended Balance at 31 March 2023 Unrestricted funds Generdl 2,008 7,627 {8,823) 812 Balanee at I April 2021 Incoming resource5 Resouree5 expended Balance at 31 March 2022 Unrestricted funds General 3,146 14.653 {15,791) 2,008 Pagell