Company registration number- N1053634 Charity Commission for Northern Ireland registration number- 104970 ACpted as a Charity by HM Revenue & Customs reference- XR78512 CONNECT CHRISTIAN FELLOWSHIP LIMITED Company limited by guarantee Trustees. report and flnanclal statements for the year ended 5 April 2023
Connect Chrlstian Fèllowship Limlted Company Ilmited by guarantee For the year ended 5 April 2023 Contents Page Company Infomation Trustees, Report Independent Examiners. Report to the Trustees of Connect Chrsstian Fellowship Limited on the Unaudited Financial Statements Statement of Financial Activities Balance Sheet Notes to the Financial Statements 7-10
Connect Christian Followship Limited Company limited by guarantee For the year ended S April 2023 Com an Infomiation Directors William John Patterson Paul David Paynter Barry William Hyland William John Kennedy Secretary Keith Scott Freeburn Trustees William John Patterson Paul David Paynter Barry William Hyland William John Kennedy Keith Scott Freeburn Company number N1053634 Reglstered office The Connect Centre 6-10 Model School Road Ballymoney Co. Antrim BT53 68H Accountants David Mcmullan & Co Ltd Chartered Accountsnts 1 Ballykenver Road Stranocum Ballymoney Co. Antrim BT53 8PZ Business Address The Connect Centre 6-10 Model School Road Ballymoney Co. Antrim BT53 6BH Bankers AIB 78 Wellington Street Ballymena Co. Antrim BT43 6AF
Connect Christlan Fellowshlp Limited Company limited by guarantee For the year ended 5 April 2023 Tho Trustoes. re The Trustees, four of whom who are also the directors of the company for the purposes of the Companies Act 2006, present their annual report together with the financial statements and independent accountants, report of the charitable company for the year ended 5 April 2023. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with current statutory requirements, the Memorandum and Articles of Association, the Companies Act 2006 and °Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)° (as amended for accounting periods commencing 1 January 2016). Legal Structure Connect Christian Fellowship Limited is a charitable incorporated company govemed by its AcleS of Association and is a registered charity in Northern Ireland (Charity Registration No. 104970). The charity is a charitable company limited by guarantee. Purpose Connect Christian Fellowship's main activities are public meetings at the Connect Centre and group meetings in private homes for worship, prayer, teaching, fellowship and support and encouraging all participants to engage in altruistic activities in the community. The meetings are open to the public and information is available on the website in relation to the gatherings and other events that the church supports. The church has programmes catering for children of all ages up to school leavers. The church supports individuals and Christian charities involved in charitable work locally and internationally. The church supports joint activities with other churches in the Ballymoney area. Objectives and activities Publlc Beneflt The principal public benefit is the advancement of the Christian faith through a personal belief in Jesus Christ. The church promotes the application of Biblical teaching for life. It trains, equips and supports people in their Christs'an faith with the benefits flowing from the promotion of family stability and the well-being for those attending. The public are welcome to attend our meetings which are free of charge and open to all. Through its activities and the support given by the church, people have increased opportunity to contribute positively to society and to address povety and help those in need of care at home and elsewhere. We facilitate those who attend to carry out acts of social concern to benefit persons in the Causeway and surrounding areas facing hardship on the basis of their need and thereby promote the Practi of the Christian faith. The benefits are evidenced through weekly meetings to present the teachings of the bible and the provision of opportunities for Christian response including but not limited to prayer and worship and the building up of fellowship. There are groups for children of all ages up to school leavers. In the various meetings we promote the Christian faith, friendship and care. The church facilitstes and encourages contact and activities with other churches in the Ballymoney area. The church's beneficiaries are those who attend and participate in meetings and activities including children, youth, parentslcarers with toddlers and also members of the general public in the local community and further afield to whom the church members reach out. Many people testify to the beneficial effects resulting from attending the meetings and participating in the activities. The charity also brings benefits to the poor in the local community and abroad through financial and other support of people, and appropriate charitable organisations and individuals carrying out charitable Christian work helping people in need by reason of poverty or sickness and people in need of educational help. Any private benefit flowing from the purpose of the church is incidental. No harm arises from these purposes. Achlevements and Porformance Total incoming reSoUrS amounted to £194,414 (2022- £203,648) and after deducting total resour$ expended of £156,770 (2022 - £157,363), which excludes fixed asset investments, net incoming resources amounted to £37,644 (2022 £46,285). At the year end unrestricted funds amounted to £233,020 (2022 £195,376). AII resources received and expended are treated as unrestricted funds, unless Otherwise stated.
Connect Chrlstian Fellowship Limited Company limited by guarantee For the year ended 5 Aprll 2023 Tho Trustses, re ort Cont'd Governance and Management The Trustees of the charity have the responsibility for the operational deliverance of the charity's activities and achievement of the objects'ves. The Trustees who seNed during the year are as stated below: William John Patterson Paul David Paynter Barry William Hyland William John Kennedy Keith Scott Freeburn Trustees are elected in accordan with the Articles of Association. The Trustees have assessed major risks to which the company is exposed, in particular those related to the operations and finances. and are satisfied that systems are in pla to mitigate exposure. Statement of Trustees. Rosponsibilitles The Trustees are responsible for preparing the Trustees, Annual Report and the financial ststements in accordan with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in Northern Ireland requires that the Tnjstees prepare financial statements for each financial year which give a true and fair view of the affairs of the charitable company and the incoming resources and application of the reSoUrs, including the net income or expenditure, of the charitable company for the year. In preparing these financial statements, the Trustees are required to.. select suitable accounting policies and then apply them consistently,. obsetve the methods and principles in the Charities SORP make judgements and estimates that are reasonable and prudent., state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements., Prepare the financial ststements on a going conrn basis unless it is inappropriate to presume that the charitable company will continue in operation. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitsble company and which enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small company provlsions This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006. This report was approved by the Trustees at meeting on If December 2023 and signed on its behalf by Trustee Trustee
Connect Chrlstian Fellowshlp Limited Company Ilmlted by guarantèe For the yèar ended 5 April 2023 Inde ndent Examinerfs Re rt to the Trustees of Connect Christlan Fellowshi Llmited We report on the financial statements of the charitable company for the year ended 5th April 2023, which comprise the Statement of Financial Activities, Balance Sheet and related notes, set out on pages 5 to 10. The financial reporting framework that has been applied in their preparation is the Companies Act 2006 and "Accounting and Reporting by Charities- Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" (as amended for accounting periods commencing 1 January 2016). Rospectlve responsibilitles of directors and independent examiner The charity's Trustees (who are also the Directors of Connect Christian Fellowship Limited for the purposes of company law) are responsible for the preparation of the financial statements in accordance with section 63 of the Charities Act (Northem Ireland) 2008. The charity's Trustees consider that an audit is not required for this year under section 65 of the Charities Act (Northern Ireland) 2013 and that an independent examination is needed. It is our responsibility to.. examine the accounts under section 65 of the 2013 Act., to follow the procedures laid down in the general Directions given by the Charity Commission under section 65(9}(b) of the Charities Act., and state whether particular matters have come to our attention Basis of Independent examlnorfs report Our examination was carried out in accordance with the general directions given by the Charity Commission for Northem Ireland under section 65{9}(b). An examination includes 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 trom you as 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 present a 'true and fair, view and the report is limited to those matters set out in the independent examiner's statement below. 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 financial statements do not accord with those accounting records 3. That the financial statements 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 Examinerfs statement I have completed my examination and have no concerns in respect of the matters {1) to (4) listed above and in connects'on with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that quire drawing to your attention. David Mcmullan & Co Ltd Chartered Accountants 1 De¢ember 2023 Kenver House 1 Ballykenver Road Stranocum Ballymoney Co. Antrim BT53 8PZ
Connect Chrlstian Fellowship Limited Company Ilmited by guarantee For the year ended 5 April 2023 Statement of Financlal Activities 2023 2022 Notes Unrestricted Restricted Total Incomln Total resourcos Incomlng resources from charitable activlties 179,311 15,103 194,414 203,648 Totsl incomlng resources 179 311 15,103 194 414 203,648 Resources ox ended Direct charitable expenses 96,791 15,103 111,894 71,650 Operational and administrative expenses 44,876 44,876 85,713 Total resources exponded 141,667 156,770 157,363 Net (outgoing)l incomlng resourc8s for the year belng net movement in funds Funds brought forward 37,644 37,644 46,285 195,376 195,376 149,091 Funds carrled forward 233 020 233,020 195,376 All income and expenditure derive from continuing activities. There were no recognised gains or losses other than those included above. The notes on pages 7 to 10 form part of the financial statements
Connoct Christlan Fellowship Limited Company limited by guarantee For the year ended 5 Aprll 2023 Balanco Sheet Notes 2023 2022 Fixed assets Tangible fixed assets Current a8sets Debtors Cash at bank and in hand 81,490 101,542 19,040 133,240 152.280 16,655 77,929 Creditors.. amounts falling due within one year Net current assets 750 750 151,530 93,834 Total assets less current Ilabilities 233,020 195,376 Net assets 195,376 233 020 Reserves Restricted funds Unrestricted fvnds 233,020 195,376 Total reserves 233,020 195,376 In approving these financial statements as trustees of the charitable company we hereby confirm: For the year ended 5 April 2023 the charitable company was not required to carry out an audit and was entitled to the exemption conferred by Section 477 of the Companies Act 2006. The members have not required the charitable company to obtain an audit of its accounts for the year in question and that no notice has been deposited at the registered office of the company pursuant to Section 476 of the Companies Act 2006 requesting that an audit be conducted for the year ended 4th April 2023. The twstees acknowledge their responsibilities for complying with the requirements of the Charities Act {Northern Ireland) 2008 and the Companies Act 2006 with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial ststements were approved by the Board December 2023 and signed on its behalf by .T.IL:.a.... Trustee Trustee The notes on pages 7 to 10 form part of these financial statements
Connect Christian Fellowship Llmited Company limited by guarantee For the year ended 5 Aprll 2023 Notes to the Financial Statements l Accounting pollcies Charity status The charity is a charity limited by guarantee and consequently does not have a share capital. The charity is registered with the Charity Commission for Northern Ireland. b Basis of Accountlng The financial statements have been prepared in accordance with applicable accounting standards and comply with the Charity's Governing Document, the Charities Act (Northem Ireland 2008) and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" {as amended for accounting periods commencing from 1 January 2016). The Charity is a Public Benefit Entity as defined by FRS 102. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. c Going Concern At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence ft)r the foreseeable future. Thus the Twstees continue to adopt the going concem basis of accounting in preparing the financial statements. d Charltable funds Unrestricted funds are available for use at the discEtion of the Trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. e Incoming resources All incoming reSoUrS are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income where appropriate., Rental income is included in full in the statement of financial activities when receivable. Investment income is included when re1Vable. f Expenditure Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for beneficiaries. Administrative costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the other costs incurred in the running of the charity. g Fixed asset investments Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net incomel (expenditure) for the year. Transaction costs are expensed as incurred.
Connect Christian Fellowship Limlted Company limited by guarantse For the year ended 5 April 2023 Notes to the Flnancial Statements 1 Accounting policles (Cont'd h Tangible flxed assets and depreclatlon Depreciation is provided for on all tangible fixed assets at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as ft)Ilows', Building Works & Infrastructure Fixtures, Fittings & Equipment 25 % Reducing Balance 25 % Reducing Balance The building works and infrastructure relate to the refvrbishment of the charity leased premises at 2-10 Model School Road, Ballymoney and are depreciated on a basis estimated to reflect writs'ng off of the costs over the expected useful life in line with the lease term. i Impairnient of flxed assets At each reporting date, the charity reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount is estimated in order to determine the extent of the impairment loss (if any). Cash and cash equivalents Cash and cash equivalents include deposits held at call with banks. k Basic financial assets Basic financial assets which include debtors and cash and bank balan$, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the ftjture receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. 1 Basic financial Ilabllities Basic financial liabilities which include other creditors are initially measured at transaction price. m Grants Capital Grants are recognised are recognised at fair value when there is reasonable assuran that the charÈty will comply with the conditions attaching to them and the grants will be received. Grants related to purchase of assets are treated as deferred income and allocated to the statement of financial activities over the useful lives of the related assets to which they relate. Grants of a revenue nature are credited to income in the period to which they relate. n Crltlcal accounting estlmates and judgements In the application of the charity's accounting policies, during the current financial year, there were no material judgements or estimates included in the financial statements. 2 Incomlng resources from charitable activltlos 2023 2022 Donations and gifts, including gift aid reclaimed Other operating income 172,566 21,848 183,780 19,868 Total incoming resources from charttable actlvltes 194 414 203,648
Connect Christian Fellowship Limitad Company Ilmited by guarantse For the year ended 5 April 2023 Notes to the Financial Statements (Cont'd) Bullding Work8 & Infrastructure Fixtures, Fittings & Equipment 3 Tanglble fixed assets 2023 Cost As at 6 April 2022 Additions As at 5 April 2023 71,881 63,508 7,112 70,620 135.389 7,112 142,501 71,881 Depreciation As at 1 April 2022 Charge for the year As at 5 April 2023 17,970 13,478 31,448 15,877 13,686 29,563 33,847 27.164 61,011 Net Book Valuo As at 5 April 2023 As at 5 April 2022 40,433 53,911 41,057 47,631 81,490 4 Dobtors 2023 2022 Trade Debtors 19.040 19,040 16,655 16,655 5 Credito 2023 2022 Trade Creditors & Accruals 750 750 750 750 Other Reserves Fund. General Reserves Fund 6 Reserves Designatad Fund Total At 6 Aprll 2022 Net incoming resour$ for the year At S April 2023 45,335 150,041 37,644 187,685 195,376 37,644 233,020 "Other Reserves Fund represents monies transferred to the company upon its incorporation by the The Barn Fellowship (Unincorporated) 7 Transactlons with dlrectors None of the Directors has received or is due to receive any remuneration for the year from the company funds (2022 - Nil).
Connect Christian Fellowship Limlted Company limited by guarantee For the year ended S April 2023 Notes to the Flnancial Statements (Cont'd) 8 Related Party Transactlons Connect Christian Fellowship made donations to Christian Family Centre (Nl), another registered charity, during the year of £30,000 (2022 - £30,000). These financial donations are missionary support expenditure In recognition of the services Paul Paynter gives to Christian Family Centre {Nl) and Connect Christian Fellowship. Paul Paynter Is recused from formal deliberations and decision making related to these donations. 9 Company Limited by Guarantse The company is registered under the Companies Act 2006 and is a private limited company, limited by guarantee. The members of the company are the directors named on page 1 and also serve as the charity Trustees. The company is also an exempt charity. 10 Taxation No provision for taxation is required as the company has charitsble status approved by HMRC. 10