The Charity Commission for Northern Ireland Reglstratlon No. NIC106074 PARK AVENUE FREE METHODIST CHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Tony Clarke 53 Andersonstown Road Belfast BTII 9AG PARK AVENUE FREE METHODIST CHURCH BELFAST CONTENTS PAGE General Information Annual Report of the Trustees Independent Examiner Report Statement of Recelpts and Payments Statement of Assets and Liabllitles Notes to the Financial Statements PARK AVENUE FREE METHODIST CHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 GENERAL INFORMATION CHARITY NAME PARK AVENUE FREE METHODIST CHURCH BELFAST REGISTERED CHARITY NUMBER NIC106074 CHAIRPERSON Mr Phlllp Meeke TRUSTEES Mrjohn Alexander Thomson Mr lan Mcgreechan Mr Phillp Meeke Mrs Miriam Irene Beckett Mrs Julle-Anne Eccles Mrjonathan Gray REGISTERED OFFICE 105 Park Avenue Belfast BT4 IJJ INDEPENDENT EXAMINER Tony Clarke 53 Andersontown Road Belfast BTII 9AG BANKERS Ulster Bank Limited Andersonstown Belfast BTII 9BQ PARK AVENUE FREE METHODIST CHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 ANNUAL REPORT OF THE TRUSTEES Structure Trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2023. Reference and Admlnlstratlve Informatlon The name of the charity's trustees at the date this report was approved are Ilsted on page I, together with the address of the prlncipal office of the charity and the charity's registration numbers. Publlc Benefit The organisatlon has consistently operated within its Publlc Benefit statement throughout 2023. It has promoted the celebration and public worship of the Christian religion and sought to promote moral Improvement on Chrlstian 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 experlence recelved with us. The Youth meets on Frlday evenlngs from 2000 hrs 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 funrtion 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 chlldrens, games and slmple bible storles. Twlce a year the Church holds two speclal servlces for the chlldren to enable thelr parents to come to church and to Inform them of what the children have been doing throu8hout the year. The Church contlnues to operate a Mums and Toddlers group each Monday morning where Mums and their children come to meet and enjoy each otherfs company while thelr children are playlng and supervised by th@ church volunteers. We also continue to operate a Friendship Club on Tuesday afternoon were adult5 meet take part in board games, craft and a short Chrlstlan talk. They also enjoy a meal at the end of the afternoon. In addition to this the core leadership have attended training sessions over two years with other charlties to enhance their operational effectlveness. All organlsatlons continue to be run In accordance with Biblical prlnclples and FMC guidellnes. The Trustees have regarded the Commisslon's Publlc Benefit requirement statutory guidance. Constitutlon & Governln8 Thls Is as set out in the 2015 edltlon of the Book of Dlsclpline of the Free Methodist Church. PARK AVENUE FREE METHODIST CHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 ANNUAL REPORT OF THE TRUSTEES (CONTINUEDJ The Purpose of the Charltv: 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 charltable work of the FMC. This is done in accordance with the doctrines and usages of the Church as set forth in its Book of Disclpline. Flnanclal revlew The results for the year are Set out on page 6 & 7. The charity returned net recelpts/payments for the year of (£30,267). At 310ecember 2023 the total funds of the charity amounted to £72,459 of which restricted funds were £749.25 and £71,710 were unrestrlcted. Reserves pollcy and golng concern Of the total funds reported above, £72,459 Is made up of cash at the bank. The trustees are confident that the cash reserves, together wlth expected future incomes, wlll be sufficient to meet the worklng capital requlrements for the forthcoming year. The trustees have also considered the extent to which existing activlties and expenditure could be curtalled, should the need arise. Plan forthe future To maintian the same level of services In the area. Structure• goverance and management Park Avenue Free Methodist Church Belfast is a registered charity, number NIC106074 and Is governed by it constitution. New trustees are appointed when approprlate. Sultable candidates are considered on the basis of their Skills, experience and svmpathv with the aims of the charity. New trustees will be agreed at trustees meeting before being invited to join. Responslbllltles 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) 2008. It Is also our responslblllty to: select suitable accounting policies and then apply them con5iStently 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 METHODIST CHURCH BELFAST FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 DECEMBER 2023 ANNUAL REPORT OF THE TRUSTEES (CONTINUED) The Trustees are responsible for keeplng adequate accountlng records that are sufficient to show and explaln the charity's transactlons and disclose wlth 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. Dlsclosures of Informatlon to Independent Examlners To the knowledge and bellef of the Trustees there Is no relevant information of whlch the organisatlon'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 or8ani5ation's independent examiners are aware of the Informatlon. Signed on behalf of the board of the Trustees Mr Phillp Meeke Trustee Date PARK AVENUE FREE METHODIST CHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PARK AVENUE FREE METHODIST 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 2023, which are set out on pages 6 to 7. Respectlve responslbilltles of charlty trustees and the examlner As the charity's trustees you are responslble for the preparation of the accounts In accordance with the Charlties Act (Northern Ireland) 2008. It is rny responsibility to: • examine the accounts under sectlon 65 of the Charltles Art follow the procedures lald down In the general Dlrectlon5 glven by the Commisslon under sectlon 6519){b) of the Charitles Act state whether partlcular matter5 have come to my attentlon. Basls of Independent Examlner's report I have examined your charity accounts as required under section 65 of the Charltles Act and my examlnatlon was carried out In accordance with the general Directions given by the Charity Commission for Northern Ireland under sectlon 6519)Ib) of the Charities Act. My examination Included a revlew of the accountlng 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 charlty trustees concernlng any such matters. My role Is to state whether any materlal matters have come to my attention givlng me cause to believe: That accounting records were not kept In accordance with section 63 of the Charltles Act That the accounts do not accord with those accountlng records That the accounts do not comply with the accounting requlrernents of the Charltles Act That there 13 further Information needed for a proper under5tandln8 of the accounis to be reached. Independent examlner's statement I have completed my examination and have no concerns in respert of the matters111 to {41 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. Tony Clarke 53 Andersontown Road Belfast BTII 9AG Date: PARK AVENUE FREE METHODIST CHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 STATEMENT OF RECEIPTS AND PAYMENTS Note Year to Dec-23 TOTAL Unrestrlcted Restricted Funds Funds Reolpts Donations & Glft Aid Grants Buildlng Malntalnance Bank Interest 93,199 22,599 115.798 From Charltable Actlvltles Charitable Activities 1,313 1,313 Total Recelpts 94,512 22,599 117,111 Payments: Costs of Fundraising Charitable Activitie5 Grants & Donations Governance Costs 125,528 21,850 147,378 Asset and Investment purchase Purchase of Equipment Total Payments: 125,528 21,850 147,378 Net Recelpts / (payments) (31,016) 749 - 30,267 Transfers to / (from) funds Surplus / (deflclt) for the year (31,016} 749 30,267 Reconclllatlon 31.12.23 Cash at bank & in hand 31.12.22 Surplu5lldeficitl for thls year end Cash at bank & in hand 31.12.23 102,726 {31,016) 71,710 102,726 749 (30,267) 749 72,459 The statement of Receipts and payments includes all gains and losses recognised in the year. All incoming resource5 and resources expended derive from continuing activities. PARK AVENUE FREE METHODIST CHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 STATEMENT OF ASSETS AND LIABILITIES Unrestrlcted Funds Restricted Funds Total 2023 Fund5 Reconclllatlon Cash at bank & In hand 31.12.22 Surplus/ldeflcitl for thls year end Cash at bank & In hand 31.12.23 102,726 {31,016) 71,710 102,726 {30,267) 72,459 749 749 Unrestricted Funds Restrlcted Funds Total 2023 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 71,710 749 72,459 71,710 749 72.459 U nrestricted Funds Restrlcted Funds Total 2023 Other Assets Tangible Fixed Assets Unrestricted Funds Restricted Funds Total 2023 Ilabllltles The financial statements were approved by the board Trustees on . were sisned on their behalf by: IL*-.*: LL*.... and r Philip Meeke Date PARK AVENUE FREE MEfHODIST CHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 NOTES TO THE ACCOUNTS l Generated Funds 2023 Unrestricted Restricted Funds Funds TOTAL Grants Totals 2023 2 Recle ts anal sls 2023 Unrestrlcted Restrlcted Funds Funds TOTAL Donations Glft Ald Clubs Totals 2023 82,135 11,064 1,313 94,512 22,599 104,734 11,064 1.313 117,111 22,599 2023 Unrestrlcted Restrlcted Funds Fund5 3 Pa ments on charltable actlvltles TOTAL Wages & Salaries Utilities Insurance Church & Manse Maintenance General Expenses Clubs Missions & Missionaries Totals 2023 38,042 7,890 4,755 44,408 14,483 6,905 9,046 125,528 38,042 7,890 4,755 44,408 14.483 6,905 30,896 147,378 21,850 21,850 4 Inde endent examiner's rernuneratlon The Independent Examiner's remuneration amounts to an Independent Examination fee of £300(2023 - £NILI 5 Post-Balance Sheet Events None. PARK AVENUE FREE METHODIST CHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 NOTES TO THE ACCOUNTS CONTINUED 6 Funds Balance at lovement in l Jan 2023 Incomlng Resources Transfer of Balance at Outgoing Funds 31 Dec 23 Restrlcted funds Pooled Restricted Total restrlcted funds 22,599 22,599 21,8501 (21,850) 749 749 Unrestrlcted funds General 102,726 102,726 94,512 94,512 {125,528 (125,528) 71,710 71,710 Total net a55et funds 102,726 117,111 1147,378) 72,459 7 Related Partles The Charity does not have any related parties. 8 Trustees remuneratlon & ex ense During the year, no Trustees recelved any remuneration. During the year, no Trustees received any benefits In klnd. Durlng the year, some Trustees recelved reinbursements for out of pocket expenses and repayment for direct charitable expenditure totaling: Trustee I Trustee 2 Trustee 3 Trustee 4 300 216 777 1,293 2,586 9 Prevlous ear com arlslons Please note that there is no previous year comparisons a5 the charity was not requlred to upload accounts for the previous year.