ids.) chartered accountants
Company Registration No. 105909 (Northern Ireland)
NORTH WEST FELLOWSHIP CHURCH
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED5 APRIL 2025
IDS Chartered Accountants LLP 23/25 Queen Street COLERAINE Co Londonderry BT52 1BG
NORTH WEST FELLOWSHIP CHURCH
Ids.@ chartered accountants
CONTENTS
| Page | |
|---|---|
| Legal and administrative information | 1 |
| Trustees’ report | 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notestothefinancialstatements | 6-9 |
NORTH WEST FELLOWSHIP CHURCH
ids.6) chartered accountants
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees Mr D Watt Mr L McSwiggan Mr D Kennedy Charity number 105909 Independent examiner IDS Chartered Accountants LLP 23/25 Queen Street COLERAINE Co Londonderry BT52 1BG Bankers Danske Bank Donegall Square West BELFAST BT1 6JS
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NORTH WEST FELLOWSHIP CHURCH
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TRUSTEES' REPORT
FOR THE YEAR ENDED 5 APRIL 2025
The trustees present their annual report and financial statements for the year ended 5 April 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's constitution, the Charities Act (Northern Ireland) 2013 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)
Objectives and activities
The purpose of the organisation is to work for the well being of beneficiaries who go on to become better citizens, leading useful and purposeful lives.
Public benefit
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Achievements and performance
Significant activities and achievements against objectives
The Charity holds Christian meetings each week where the Bible is taught. We encourage and guide people to become better Christian citizens and live by the standards of the Bible. We share Communion together. We pray for one another and the needs of Families, Community and the Nation. We encourage people who are gifted in speaking, singing and music to be involved as part of a team. We provide fellowship by showing hospitality and sharing meals together. We help and support those within the Church and the Community with various needs. We visit the sick and elderly and pray for God to heal and comfort them. We endeavour to demonstrate the love that God has for people by creating a warm family atmosphere in our meetings. We gather funds through tithing and gifts to enable us to do all the things we do.
Financial review
Structure, governance and management
The trustees who served during the year and up to the date of signature of the financial statements were: Mr D Watt
Mr L McSwiggan Mr D Kennedy
Going Concern
The trustees have reviewed the finances for the year ahead and are satisfied that there are adequate funds in place to ensure that they can continue activities for the foreseeable future.
The trustees’ report was approved by the Board of Trustees.
Mr D Watt Trustee
24 July 2025
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ids.iS) chartered accountants
NORTH WEST FELLOWSHIP CHURCH
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF NORTH WEST FELLOWSHIP CHURCH
We report to the trustees on our examination of the financial statements of North West Fellowship Church (the charity) for the year ended 5 April 2025.
Responsibilities and basis of report
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 our responsibility to:
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° examine the accounts under section 65 of the Charities Act;
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e follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act; and
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e state whether particular matters have come to my attention.
Independent examiner's statement
We have examined your charity accounts as required under section 65 of the Charities Act and our 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.
Our examination included a review of the accounting records kept by the charity 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.
Our role is to state whether any material matters have come to my attention giving me cause to believe:
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That accounting records were not kept in accordance with section 63 of the Charities Act
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That the accounts do not accord with those accounting records
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That the accounts do not comply with the accounting requirements of the Charities Act
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That there is further information needed for a proper understanding of the accounts to be reached.
We have completed our examination. we confirm that no matters have come to our attention in connection with the examination giving us cause to believe that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 63 of the Charities Act; or
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2 _ the financial statements do not accord with those records; or
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the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination.
We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
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IDS Chartered Accountants LLP
23/25 Queen Street
COLERAINE Co Londonderry BT52 1BG
24 July 2025
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NORTH WEST FELLOWSHIP CHURCH
ids.is) chartered accountants
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 5 APRIL 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Notes | E | £ | |
| Income from: | |||
| Donations & gifts | 3 | 36,301 | 37,048 |
| Investment income | 4 | 848 | 679 |
| Total income | 37,149 | 37,727 | |
| Expenditure on: | |||
| Property and equipment | 5 | 27,478 | 26,369 |
| Governance | 5 | 3,678 | 3,887 |
| Donations | 5 | 2,250 | 1,125 |
| Total resources expended | 33,406 | 31,381 | |
| Net income forthe year/ | |||
| Net movement in funds | 3,743 | 6,346 | |
| Fund balances at 6 April 2024 | 52,980 | 46 634 | |
| Fundbalancesat5April2025 | 56,723 | 52,980 |
The statement of financial activities includes all gains and losses recognised in the year.
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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NORTH WEST FELLOWSHIP CHURCH
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BALANCE SHEET
AS AT 5 APRIL 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Notes | £ | £: | £ | £ | |
| Current assets | |||||
| Cash at bank and in hand | 56,723 | 52,980 | |||
| Net current assets | 56,723 | 52,980 | |||
| Net assets | 56,723 | 52,980 | |||
| The funds ofthe charity | |||||
| Unrestricted funds | 56,723 | 52,980 | |||
| 56,723 | 52,980 |
The financial statements were approved by the trustees on 25 July 2025
Mr D Watt Trustee
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NORTH WEST FELLOWSHIP CHURCH
|idS. ) chartered accountants
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
- 1 Accounting policies
Charity information
North West Fellowship Church is a registered charity.
- 1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's consitiution, the Charities Act (Northern Ireland) 2013 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 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.
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.
- 1.2 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 for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. 1.4 Income All incoming resources are included in the SOFA where the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use.
1.4 Income All incoming resources are included in the SOFA where the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
- 1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
All expenditure is accounted for on a payments basis and has been classified under headings that aggregate all costs related to the category.
1.6 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
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chartered accountants
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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025
1 Accounting policies
(Continued)
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, 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 future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
- 3 Income from donations and legacies
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Unrestricted Unrestricted
funds funds
2025 2024
£ E
Donations and gifts 36,301 37,048
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4 Income from investments Unrestricted Unrestricted funds funds 2025 2024 £ £ Interest receivable 848 679
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NORTH WEST FELLOWSHIP CHURCH
ids.@ chartered accountants
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
5 Expenditure on raising funds
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Property and equipment | ||
| Seeking donations, grants and legacies | 22,000 | 21,000 |
| Membership schemes and social lotteries | 2,926 | 3,382 |
| Staging fundraising events | 940 | 910 |
| Fundraising agents | 1,611 | 1,077 |
| 27,477 | 26,369 | |
| Governance | ||
| Support costs | 3,678 | 3,887 |
| Donations | 2,250 | 1,125 |
| Totalcosts | 33,405 | 31,381 |
- 6 Trustees
None of the trustees received any remuneration or benefits from the charity during the year.
7 Employees
The average monthly number of employees during the year was:
| 2025 | 2024 | |
|---|---|---|
| Number | Number | |
| Total | - |
8 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
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ids.2) chartered accountants
NORTH WEST FELLOWSHIP CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025
9 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 6 April | Incoming | Resources | At 5 April | |
|---|---|---|---|---|
| 2024 | resources | expended | 2025 | |
| £ | £ | £ | £ | |
| General funds | 52,980 | 37,149 | (33,406) | 56,723 |
| Previous year: | At 6 April | Incoming | Resources | At 5April |
| 2023 | resources | expended | 2024 | |
| £ | £ | £ | £ | |
| Generalfunds | 46,634 | 37,727 | (31,381) | 52,980 |
10 Related party transactions
There were no disclosable related party transactions during the year (2024 - none).
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