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2022-12-31-annual-report

Ballenon Reformed Presbyterian Church TRUSTEES. REPORT for the financial year ended 31 December 2022 The trustees present their Trustees, Report and the unaudf(ed financial statements for the financial year ended 31 December 2022. The financial statements are prepared in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102}. The Trustees. Report contains the information required to be provided in the Trustees, Annual Report under the Statement of Recommended Practice (SORP) guidelines. In this report the trustees of Ballenon Reformed Presbyterian Church present a summary of its purpose, governance, activities, athievements and finances for the financial financjal year 31 December 2022. Mlsslon, Oblectlves and Strategy Objectlves The Church carries out ils purpose by promoting weekly public worship services and Bible Study meetings. The Church also runs special meetings for the public al which the leaching of the word of God will be made known. The Church also provides opportunities for fellowship and will give advice, counsel and support to members and the public. Flnanclal Revlew The results for the financial financial year are set out on page 7 and additional notes are provided showing income and expenditure in greater detail. Re8uIt8 and Dlvldènds At the end of the financial year the charity has assets of £670,671 {2021 £667,698) and liabilities of £0.00 (2021 £0.00). The net assets of the charity have increased by £2,973. In accordance with the Constltutlon, the trustees retire by rotation and, being eligible, offer themselves for r8-818ction. Compllance wlth Sector-wlde Legl8latlon and Standards The chariiy engages proThaclively with legislation, standards and Codes which are developed for the sector. Ballenon Reformed Presbyterian Church subscribes to and Is compllanl with the following.. The Charities SORP (FRS 1021 Approved by the Board of Tru8tee8 on 12 October 2023 and slgned on Its behalf by: Andrew Herron Trustee Tru Robert Robb Tru8tse