The Charity Commission for Northern Ireland Registration No. NIC106074 PARK AVENUE FREE MEfHODisf CHURCH BELFAsr FINANCIAL sfATEMENrs FOR THE YEAR ENDED 31 DECEMBER 2024 Tony aarke 53 Andersonstown Road Belfast BTII 9AG
PARK AVENUE FREE MEfHODIST CHURCH BELFAsr CONTENTS PAGE General Information Annual Report of the Trustees Independent Examiner Report Statement of Receipts and Payments Statement of Assets and Liabilities Note5 to the Financial Statements
PARK AVENUE FREE MEtHoD1 CHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 GENERAL INFORMATION CHARITY NAME PARK AVENUE FREE METHODIST 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 REGISTERED OFFICE 105 Park Avenue Belfast BT4 IJJ INDEPENDENT EXAMINER Tony Clarke FCPA 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 2024 ANNUAL REPORT OF THE TRusfEES Structure Trustees present their report and the unaudited financial Statements of the charity for the year ended 31 December 2024. Reference and Administrative Inforniation The name of the charity's trustees at the date this report was approved are listed on page I, 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 throLJghout 2024. 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 inforrn those who attend. Children'5 clubs from age 3 years to Ilyears also continue to function and are well attended. These club5 a150 provide a safe place for parents to leave thelr chlldren from 1830hrs to 1945hrs each Friday evening. The clubs take the fortn of children5' game5 and simple bible stories. Twice 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 supenilsed by the 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 Christian 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 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 ststutory guidance. Constitution & Governlng This is as set out in the 2015 edition of the Book of Discipline of the Free Methodist Church.
PARK AVENUE FREE mHoDISTCHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ANNUAL REPORT OF THE TRUSTEES (CONTINUED) The Purpose of the Charity: The charity fulfirs 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 religiou5 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. Financial review The results for the year are set out on page 6 & 7. The charity returned net receipts/payments for the year of (£993) (2023: £30,267). At 31 Dp.ce.mber 2024 the total funds of the charity amounted to £71,466 (2023: £72.459) of which restricted funds were £0 (2023: £749) and £71,466(2023: £71,710) were unrestricted. Reserve5 pollcy and golng conrn Of the total funds reported above, £71.446 is made up of cash at the bank. The trustees are confldent that the cash reserves, together with experted future incomes, will be sufficient to meet the worklng capital requirements for the forthcoming year. The trustees havp also considered the extent to which existlng activities and expenditure could be curtailed. should the nee.d arise. Plan for the 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 appropriate. Suitable candidates are considered on the basis of thelr skllls, experience and sympathy with the aims of the charity. New trustees will be agreed at a trustees meeting before bcing invited to join. Responsibllities 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 responsibility to.. sÈlert 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 MEfHODIST CHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ANNUAL REPORT OF THE TRUSTEES (cOriNUED} The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity'5 transacLion5 and disclose with reasonable accuracy at any tlme the financial position of the charity and enable them to ensure that the financial statement5 comply with CCNI guidelines. The Trustee5 are a150 responsible for safeguarding the a55ets of Lhe charity and hence to take reasonable steps to prevent and detect fraud and other irregularities. Disclosures of Informatlon to Independent Examlners 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 3re 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 Tru5tee5
/tsiJ2L Mr Philip Meeke Trustee Date
PARK AVENUE FREE METHODISTCHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF PARK AVENUE FREE METHODIST CHURCH BELFAST ON THE UNAUDITED FINANaAL STATEMENTS I report on the accounts of Park Avenue Free Methodist Church Belfast for the year ended 31 December 2024, which are set out on pages 6 to 7. Respective responsibilitles of charity trustees and the examiner 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 my responsibility to: examine the accounts under section 65 of the Charities Art follow the procedures laid down in the general Directions given by the Commission under section 65{9){b} of the Charities Act state whether particular matters have come to my attention. Basls of Independent Examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and my 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. 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 disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. My role is 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 Act That the accounts do not accord with those accounting records That the accounts do not comply with the accounting requirements of the Charities Act 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 respert of the rnatters (l) to (4) 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. 3010112026 Tony Clarke FCPA 53 Andersontown Road Belfast BTII 9AG Date:
PARK AVENUE FREE METHODIST CHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 STATEMENT OF RECEIPTS AND PAYMENTS Note Year to D@c-24 TOTAL Year to Dec-23 TOTAL Unrestricted Restrirted Funds Funds Recelpts Donations & Gift Aid Grants Bank Interest 64,403 46,751 111.155 115,798 From Charitable Artivities Charitable Activities 1,313 Total Receipts 64,403 46,751 111,155 117,111 Payments: Costs of Fundralsing Charitable Activities Governance Costs 65,163 46,985 112,148 147,378 Asset and investment purchase Purchase of Equipment Total Payments: 65,163 46,985 112.148 147,378 Net Receipt51 (payments) (760) (234) {993) (30,2671 Transfers to / (from) funds Surplus / (d•ficit) for tho year 1760) 234 (993) 130.2671 Reconciliazion 31.12.24 Cash at bank & in hand 31.12.23 Surplus/(deficit) for this year end Cash at bank & in hand 31.12.24 71.710 (760) 70.950 749 (234) 516 72,459 102,726 (993) (30,2671 71,466 72,459 The statement of Recelpts and payments include5 all gains and losses recogni5ed in the year. All incoming resources and resources expended derive from continuing activities.
PARK AVENUE FREE MEfHODIST CHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 STATEMENT OF ASSETS AND UABILITIES Unrestricted Fund5 Restricted Funds Total 2024 Total 2023 Funds Reconciliation Cash at bank & in hand 31.12.23 Surplus/ldeficit) for this year end Cash at bank & In hand 31.12.24 71,710 (760) 70,950 749 (2341 516 72,459 102,726 (993} (30,267) 71.466 72,459 Unrestrirted Funds Restricted Funds Total 2024 Total 2023 Bank & Cash Balances Bank Current Accounts Cash in Hand 70.950 516 71,466 72,459 70,950 516 71,466 72,459 Unrestricted Funds Restriaed Fund5 Total 2024 Total 2023 Other Assets Tangible Fixed Assets Unrestricted Funds Restricted Funds Total 2024 Total 2023 Liabilities The financial statements were approved by the board Trustees on signed on their behalf by: . and were Mr Philip Meeke Date
PARK AVENUE FREE MEtHODIST CHURCH BELFAST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 NOTES TO THE ACCOUNTS l Generated Funds 2024 2023 Unre5trirted Restrirted Funds Funds TOTAL TOTAL Grants Totals 2024 Totals 2023 2 Recie ts anal sis 2024 2023 Unrestrfrted Restricted Funds Funds TOTAL TOTAL Donation. Gift Aid Clubs Totals 2024 51,412 12,991 46,751 98,163 12.991 104,734 11,064 1,313 117,111 64,403 46,751 111.155 Totals 2023 94,512 22,599 117,111 2024 2023 Unrestrirted Restrirted Funds Funds TOTAL TOTAL 3 Pa ments on charitable activlties Wages & Salaries Utilities Insurance Church & Manse Maintenance General Expenses Clubs Missions & Missionaries Totsls 2024 16,614 10,262 3,935 9,769 12,102 4,506 7,973 65.163 24,768 41,383 10,262 3,935 9.769 12,102 4.911 29,785 112,148 38,042 7,890 4,755 44,408 14,483 6,905 30,896 147,378 405 21,812 46,985 Totals 2023 125.528 21.850 147,378 4 Inde endent examiner'5 remuneration The independent Examiner's remuneration amounts to an Independent Examination fee of £360 (2023 - £300) 5 Post-Balance Sheet Events None.
OARKAVENUE FREE MEfHODIST CHURCH BELFAST riAI .ANCIAL STATEMENTS rvn THE YEAR ENDED 31 DECEMBER 2024 NOTES TO THE ACCOUNT5 colNUED 6 Funds Balance at lovement in l Jan 2024 Incotning Resources Transfer of Balance at Oulgoing Fund5 31 Dec 24 Restricted fund5 Restricted funds Blue Envelopes Friendship Club Youth Club Total restrirted funds 749 21,063 24,768 736 185 46.751 {21,812) {24,768) (314) {91) (46.985) 422 94 516 749 Unrestricted funds General 71,710 71.710 64,403 64.403 (65,163) (65.163) 70,950 70.950 Total net asset funds 72,459 111,155 112,148) 71,466 7 Related Partie5 The Charity does not have any related parties. 8 Trustees remuneration & ex During the year, no Trustees received any remuneration. During the year, no Trustees received any benefits in kind. Durin8 the year, some Trustees received reinbursements for out of pocket expenses and repayment for direct charitable expenditure totaling: nses Trustee I Trustee 2 Trustee 3 Trustee 4 713 172 558 494 1.938