The Charity Commission for Northern Ireland Registration No. NIC106074 PARK AVENUE FREE METHODIST CHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018 Tony Clarke Clarke&Co. Accountants 53 Andersonstown Road Belfast BTII 9AG PARK AVENUE FREE MEfHODIST CHURCH BELFAST CONTENTS PAGE General Information Annual Report of the Directors 24 Independent Examiner Report Statement of Receipts and Payments Statement of Assets and Liabilities Notes to the Financial Statements PARK AVENUE FREE METHODIST CHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018 GENERAL INFORMATION CHARITY NAME PARK AVENUE FREE m￿HoDIST CHURCH BELFAST REGISTERED CHARITY NUMBER NIC106074 CHAIRPERSON Mr Philip Meeke TRUSTEES Mr John Alexander Thomson Mr lan Mcgreechan Mr Philip Meeke Mrs Miriam Irene Beckett Mrs Julie-Anne Eccles Mr Jonathan Gray REGisfERED OFFICE 105 Park Avenue Belfast BT4 IJJ INDEPENDENT EXAMINER Tony Clarke 53 Andersontown Road Belfast BTII 9AG BANKERS Ulster Bank Limited Andersonstown Belfast PARK AVENUE FREE MEfHODIST CHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018 ANNUAL REPORT OF THE TRusfEES Strurture Trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2018. Reference and Administrative Information The name of the charity's trustees at the date this report was approved are listed on page l. together with the address of the principal office of the charity and the charity's registration numbers. Public Benefit The organisation has consistently operated within its Public Benefit statement throughout 20118. It has promoted the celebration and public worship of the Christian religion and sought to promote moral improvement on Christian lines for a section of the community- Bible studies and Sunday services continue to operate, encourage and inform those who attend. Youth Clubs continue to function with voluntary leaders some also go on to further training in another charity as a result of encouragement and experience received with us. The Youth meets on Friday evenings from 2000hrs to 2130hrs. The Youth Club provides a safe space for young people to come and meet. play game and have a short period of Christian Worship. Children's clubs from age 3 years to Ilyears also continue to function and are well attended. These clubs also provide a safe place for parents to leave their children from 1830hrs to 1945hrs each Friday evening. The clubs take the form of childrens, games and simple bible stories. Twice a year the Church holds two special services for the children to enable their parents to come to church and to inform them of what the children have been doing throughout the year. The Church continues to operate a Mums and Toddlers group each Monday morning where Mums and their children come to meet and enjoy each otherfs company while their children are playing and supervised by the church volunteers. We also continue to operate a Friendship Club on Tuesday afternoon were adults meet take part in board games, craft and a short Christian talk. They also enjoy a meal at the end of the afternoon. In addition to this the core leadership have attended training 5e5sions over two year5 With other charities to enhance their operational effectiveness. All organisations continue to be run in accordance with Biblical principles and FMC guidelines. The Trustees have regarded the Commission's Public Benefit requirement statutory guidance. Constitutlon & Governing This is as set out in the 2015 edition of the Book of Discipline of the Free Methodist Church. PARK AVENUE FREE MEfHODIST CHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018 ANNUAL REPORT OF THE TRUSTEES (CONTINUED} The Purpose of the Charity: The charity fulfils its purpose for the benefit of the East Belfast congregation of the Free Methodist Church of UK and Ireland for the furtherance in East Belfast of the religious and charitable work of the FMC. This is done in accordance with the doctrines and usages of the Church as set forth in its Book of Discipline. Flnancial review The results for the year are set out on page 6 & 7. The charity returned net receipts/payments for the year of £27,689. At 31 December 2018 the total funds of the charity amounted to £86,488 12017 £58.7991 of which restricted funds were £NILL and E86.48812017= £58.7991 were unrestricted. Reserves policy and going concern Of the total funds reported above, £86,488 is made up of cash at the bank. The trustees are confident that the cash reserves, together with expected future incomes. will be sufficient to meet the working capital requirements for the forthcoming year. The trustees have also considered the extent to which existing activities and expenditure could be curtailed, should the need arise. Plan for the future To maintian the same level of services in the area. Structurei goverance and management Park Avenue Free Methodist Church Belfast is a registered charity, number NIC106074 and is governed by it constitution. Newtrustees are appointed when appropriate. Suitable candidates are considered on the basis of their skills. experience and sympathy with the aims of the charity. New trustees will be agreed at a trustees meeting before being invited to join. Responsibilities of Trustees As the charity's trustees we are aware of our responsibilities for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 21x18. It is also our responsibility to: select suitable accounting policies and then apply them consistently make judgements and estimates that are responsible and prudent prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. PARK AVENUE FREE m￿HoDIST CHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018 ANNUAL REPORT OF THE TRusfEES (CONTINUED) The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with CCNI guidelines. The Trustees are also responsible for safeguarding the assets of the charity and hence to take reasonable steps to prevent and detect fraud and other irregularities. Disclosures of Information to Independent Examiners To the knowledge and belief of the Trustees there is no relevant information of which the organisation's independent examiners are not aware. The Trustees have taken all the necessary steps of which they are aware, provided relevant information and established that the organisation's independent examiners are aware of the information. Signed on behalf of the board of the Trustees Mr Philip Meeke Trustee Date PARKAVENUE FREE METhODIST CHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PARK AVENUE FREE MEfHODIST CHURCH BELFAST ON THE UNAUDITED FINANCIAL STATEMENTS I report on the accounts of Park Avenue Free Methodist Church Belfast for the year ended 31 December 2018, which are set out on pages 6 to 7. Respertive responsibilitie5 of charity trustees and the examlner As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act {Northern Ireland) 21x18. It is my responsibility to: examine the accounts under sertion 65 of the Charities Act follow the procedures laid down in the general Directions given by the Commission under section 6519llbl of the Charities Act • state whether particular matters have come to my attention. Basis of Independent Examiner's report I have examined your charity accounts as required under section 65 of the Charities Art and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 6519llb) of the Charities Act. My 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 disc105ures in the accounts, and seeking explanations from you as charity trustees concerning anysuch matters. My role 15 to state whether any material matters have come to my attention giving me cause to believe- That accounting records were not kept in accordance with sertion 63 of the Charities Art That the accounts do not accord with those accounting records That the accounts do not comply with the accounting requirements of the Charities Art That there is further information needed for a proper understanding of the accounts to be reached. Independent examinees statement I have completed my examination and have no concerns in respect of the matters111 to14} listed bove and, in connection with following the dirertions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Tony Clarke Clarke&Co. Accountants 53 Andersontown Road Belfast BTII 9AG Date: PARK AVENUE FREE m￿HoD1¥f CHURCH BELFAST FINANCIAL STATEMENTS HE YEAR ENDED 31 DECEMBER 2018 STATEMENT OF RECEIPTS AND PAYMENTS Note Unrestricted Restrirted Endownment Funds Funds Funds Yearto Dec-18 TOTAL Receipts Donations & Gift Aid Grants Building M3intainance Bank Interest 69,162 29,560 98,722 32,095 50 32,095 50 From Charitable Artivities Charitable Activities Total Receipts 101.307 29,560 130,867 Payments: Costs of Fundraising Charitable Activities Grants & Donations Governance Costs 73,618 29,560 103,178 Asset and investment purchase Purchase of Equipment Total Payments: 73,618 29.560 103,178 Net Receipts/{paymets) 27.689 27,689 Transfers to/(from) funds Surplus/ldeficitl for the year 27.689 27.689 Reconciliation 31.12.18 Cash at bank & in hand 31.12.17 Surplus/ldeficit} for this year end Cash at bank & in hand 31.12.18 58.799 27,689 86.488 58.799 27.689 86,488 The statement of Receipts and payments includes all gains and losses recognised in the year. All incoming resources and resources expended derive from continuing activities. PARK AVENUE FREE M￿HOD1$f CHURCH BELFAST FINANCIAL STATEMENTS THE YEAR ENDED 31 DECEMBER 2018 STATEMENT OF ASS￿5 AND UABIUTIES Unrestricted Restricted Funds Funds Total 2018 Funds Reconclllation Cash at bank & in hand 31.12.17 Surpluslldeficitl for this year end Cash at bank & in hand 31.12.18 58,799 27,689 86.488 58,799 27,689 86,488 Unrestricted Restricted Funds Funds Total 2018 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 86.488 86,488 86.488 86.488 Unrestricted Restricted Funds Funds Total 2018 Other Assets Tangible Fixed Assets Unrestricted Restricted Funds Funds Total 2018 Liabilities The financial statement5 were approved by the board Trustees on /<../.Ao.z... were signed on their behalf by: and Mr Philip Meeke Date PARK AVENUE FREE METHODi¥f CHURCH BELFAST INANCIALSTATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018 NOTES TO THE ACCOUNTS l Generated Funds 2018 Unrestrirted Restricted Funds Funds TOTAL Grants Totals 2018 2 Recie ts anal is 2018 Unrestricted Restrirted Funds Funds TOTAL Donations GiftAid Bank Interest Building Maintenance Totals 2018 59.656 9,506 50 32.095 101.306 29,560 89,216 9.506 50 32,095 29,560 130,867 2018 Unrestricted Restricted Funds Funds 3 Pa ments on charitable activities TOTAL Wages & Salaries Heat & Light Insurance Church & Manse Maintenance General Expenses Missions & Missionaries Total 2018 32,965 2,727 3.957 564 29.296 4,109 73.618 32.965 2,727 3.957 564 29.296 29,560 33,669 29.560 103.178 4 Inde endent exarniner's remuneration The independent Examiner's remuneration amount5 to an Independent Examination fee of £18012017- £NIL} S Post-Balance Sheet Events None. PARK AVENUE FREE METHODIST CHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018 NOTES TO THE ACCOUNTS CONTINUED 6 Funds Balance at Movement in Resources Transfer of Balance at ljan 2018 Incoming Outgoing Funds 31 Dec 18 Restricted funds Total restricted funds Unrestricted funds General 58,799 58.799 130,867 1103,178} 130.867 (103,178) 86.488 86.488 Total net asset funds 58.799 130,867 (103.178) 86,488 7 Related Parties The Charity does not have any related parties. 8 Trustees remuneration & ex enses Durning the year, no Trustees received any remuneration12017- £NIL). Durning the year. no Trustees received any benefits in kind12017 - £NIL}. Durning the year. some Trustees received reinbursements for out of pocket expenses and repayment for direct charitable expenditure. 9 Previous ear com arisions Please note that there is no previous year comparisons as the charity is recently registered with the charity comission and this is their first year requiring accounts.