GREAT OAKS CHURCH NI REPORT OF THE TRUSTEES for the Year Ended 31 DECEMBER 2023 The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of 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) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims The objectives of the Church are the advancement of the Christian religion. in particular to the North West of Irelatt for the benefit of the public. ACHIEVEMENT AND PERFORMANCE The Charity holds Christian meetings in church buildings and homes. We preach and teach the Bible. We encourage and guide people to become Christians and live by the Bible. We prdise and worship God together. We share communion around the Lord's table. We prdy for one another and the needs of others. We visit the sick and elderly and pray for God to heal, bless and cotnfort thetn. We explain and demonstrate ihe love that God has for people by creating a family atmosphere in our meetings. We train and promote people with gifts in speaking. singing and music. We provide fellowship by showing hospitality and sharing meals together. We help and support those with various needs. We support the local food bank by giving food on a regular basis. We train and equip those who believe they are called to the ministy. We support those who choose to go to Bible College for further training. We plant new churches for people in other geographical areas with people who are sufficiently trdined to lead the meetings and continue to support them. We invite speakers from other church groups. We are in association with a larger church in Ireland and draw from their experiences. wisdom and strength. We gather funds from tithing. gifts and by other methods to enable us to do all the things we do. FINANCIAL REVIEW The total income for the year ended 31 December 2023 amounted to £43,188 (2022: £33,008) of which £36.143 (2022: £27,710) related to tithes, offerings and gifts. Gift aid refunds received amounted to £7,015 in the year ended 31 December 2023 (2022- 5,297). The total expenditure for ihe year ended 31 December 2023 amounted to £41,042 (2022: £33,477). At the end of the year the Charity had a balance in the Bank Account amounting to £2,262 compared to £706 at 31 December 2022. The Charity also had loans amounting to £13,068 at the year end compared to £7,858 at 31 December 2022. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing documenL a constitution and is therefore an uniThcorporated charity. It was registered with the Charity Commission for Northern Ireland on 31 August 2016 and was fonnerly known as Hillhead Christian Fellowship. The Management of the Charity IS the responsibility of the Charity Trustees. All of the Trustees have served since their appointment, during the financial year ended 31 December 2023 and up to the date of approval of the financial statements. 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. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 105664 GREAT OAKS CHURCH NI REPORT OF THE TRUSTEES ror the Year Ended 31 DECEMBER 2023 Principal address 82 Rainey Street Magherafelt Co. Londondery BT455AH Trustees Mr L Mcswiggan MrDWatt Mr B White Independent Examiner Thomas Samuel Patton FCA Patton Rainey Stenson Limited Chartered Accountants 6 East Bridge Street Enniskillen Co. Fernianagh BT74 7BT Approved by order of the board of trustees on 17 October 2024 and signed on its behalf by: Trustee Page 2