ids. Company Reglstratlon No. N1646812 (Northern Ireland) chartered accountants HEALING THE LAND LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 IDS Chartered Accountants LLP 23125 Queen Street COLERAINE Co Londonderry BT52 1 BG
HEALING THE LAND LIMITED ids. chartered accountants CONTENTS Page Legal and adminislralive information Trustees, report Independent examiner's report statement of financial activities Balance sheet Notes to the financial statements 8-12
HEALING THE LAND LIMITED ids. chartered accountants LEGAL AND ADMINISTRATIVE INFORMATION Trustees William McKee Andrew Campbell Thomas Barfool Charity number 106877 Company number N1646812 Registered office 42 Luney Road MAGHERAF=_T Co Londonderry BT45 5JW Independent examiner IDS Chartered Accountants LLP 23125 Queen Street COLERAINE Co Londonderry BT52 1 BG Bankers First Trust Bank 78 Wellington Street BALLYMENA Co Antrim BT43 6AF
HEALING THE LAND LIMITED ids. chartered accountants TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 JULY 2023 The trustee5 present their annual report and financial slalements for the year 1 August 2022 to 31 July 2023, The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial slalements and comply with the Charity'5 Memorandum and Articles. the Companies Act 2006 and 'Accounling and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)" (as amended for accounting periods commencing from 1 January 20161 Purposes 1. To advance the Christian religion for the benefit of the public. 2. Associating together the said inhabitants and the local authorities voluntary and other organisalions in a common effort to show God's love and to bring about reconciliation and unity. Al Healing the Land we: Encourage people to develop their relationship with Jesus Christ believing that His desire is to gve us life in ils fullest (John 10-.10}. Organise events that are open and welcoming to all people in the community. It is our desire to see people from throughout Ireland living peacefully together. Interact with people one-on-one in the community to give encouragement and show God's love in practical ways. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Achlevements and performance Communlty Outreach We have continued to reach out to show God's love in practical ways to those who are lonely and most vulnerable in Maghera. Draperstown and surrounding rural communities. Most of our work Gonlinues lo be with the elderly. those living alone, single parent families elc. Our Community Outreach Coordinator has continued her work by befriending. resuming in person visits and where still preferred connecting via phone calls. She has had countles5 Opportunities to pray with people, lo run errands as needed and provided support at doctorfs appointments ect. Especially for those who are immobile and have no or limited family support. During this financial period we have.. Delivered 148 free meals, kindly supported by a local fellowship. Towards the end of 2022 we were able to scale back on meals delivered as most people were getting back lo normal and had the support and help they needed from family and other agencies. Delivered over 800 free bread items (donated weekly by Ditty's Home Bakery). Delivered 100 free turkey dinners on 17th December 2022 in partnership with Ditty's Bakery. Caslledawson. We continued to collaborate with the Maghera Cross Community Link, local Day Cenlre and other folks in the community to ensure that those who needed a meal were provided with one. Delivered over 30 food hampers the week before Christmas to those in need of encouragement and support in a season that is difficult and lonely for so many. We have been able to serve in various practical ways, i.e. cutting grass, yard clean up, providing furniture, small household jobs etc. Our Community Outreach Coordinator continues to serve as Secretary for the Maghera Residents Collective and is part of the steering group for the International Fund for Ireland Personal Youth Development Programme coordinated by the Maghera Cross Community Link.
HEALING THE LAND LIMITED ids. chartered accountants TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED) FOR THE YEAR ENDED 31 JULY 2023 Maghaberry Prison After a few years of no in-person access to the prison due lo the Government restrictions, w8 were able to resume our work in Maghaberry Prison in September 2022. We resumed the prison choir which participated in the Carol Service and Easter service. Choir continues lo complement the other Chaplaincy programmes already in place and offers a space for men lo be encouraged and lo encounter God, perhaps for the very first time. We continuè to connect with these men on a regL(lar basis and often upon their release, helping them to adapt to life on the outside. In June 2023, we were able to host a worship team from Tennessee who took part in servi$ in both Maghaberry and Magilligan Prisons. The choir also had the opportunity lo participate in the worship event al Maghabery. In addition we had a guest from Moldova come and speak at a special chaplaincy event in April 2023 and the choir also participated at this event. Due to a generous donation for the 8th year. we were provided with just over 1.200 selection boxes for all of the prisoners and staff in Maghaberry Prison. These were hand delivered to all the men in each of the wings just prior to Christmas. A local fellowship also donated bags of mini-eggs for all of the men for Easter, which we were able to distribute throughout the prison on Good Friday. We have also been invited to speak at various Prison Fellowship chapel services in Magilligan Prig)n on Friday evenings where several men have decided to follow Jesus. As part of our work within the Prison Service and preparing men for life on the outside we had the opportunity to arrange a meeting with local business leaders and Magilligan management to discuss the possibilities of employment for current and ex-prisoners. In early 2023 we were able to find job placement for an ex prisoner at a local business. This continues lo be on our heart to reduce the reoffending rate upon release. We also delivered food hampers to prisoner families just prior to Christmas and connected with these families throughout the year, recognising that quite often families are also struggling on the outside. During one of our visits the father of a prisoner deaded to follow Jesus. Allght In January 2023 we started a mDnthly gathering for young adults {lale teens - 30s) in the local community. This has been an opportunity for young adults lo gather together lo worship and hear biblical teaching to encourage them in their walk with Jesus. We have seen many young people come together from throughout this land for our monthly galherings (la51 Saturday of each month). From January June 2023 each of these gatherings were held in the Bridewell in Magherafelt. In July we hosted a B8Q before we look a short break for the summer. All Alight gatherings are advertised on social media and all young adults are welcome to attend. Bible study Our men's bible study continues each Saturday moming and has been an opportunity to bring men together from various denominations and traditions around the Word and prayer. We continue to see these men grow in their faith and we see God moving in each of their lives. Prayer for the Communlty We Continue to gather together on Friday mornings to pray for our local community and land. This included our annual Good Friday prayer gathering on Slieve Gallion mountain to pray over our community. Other events We were invited to come and share a message of hope in The Rock, Co. Tyrone on 7th November 2022. This event was fr&8 and open to all in the community. Collaborating with others In addition. we have been supportive of. and have taken part in prayer events coordinated by other organisations encouraging prayer specifically for Ire5and and the U.K.
HEALING THE LAND LIMITED ids. chartered accountants TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY 2023 Financlal revlew It is the policy of the charity that unrestricled funds which have not been designated for a specific use should be maintained al a level equivalent lo between three and six month's expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given lo ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place lo mitigate exposure to the major risks. structure, governance and management The charity is a company limited by guaranlee and was incorporated on 6 July 2017. The trustees. who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial slalemenls were.. William McKee Andrew Campbell Thomas Barfoot Judith Badger (Resigned 12 February 2024} None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute such amounts as may be required (not exceeding £10) in the event of a winding UP. The trustees, report was approved the Board of Trustees. Andrew Campbell Trustee Dated.. 19 March 2024
HEALING THE LAND LIMITED ids. chartered accountants INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HEALING THE LAND LIMITED I report on the financial statements of the charity for the year ended 31 July 2023, which are set out on pages 6 to 12. Respective responsibilities of trustees and examiner As the charity trustees (and also the directors of the cornpany for the purposes of company lawl ycu are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it Is my responsibility to.. examine the accounts under section 65 of the Charities Act {Northem Ireland) 2008, (ill follow the procedures lald down in the general Directions given by the Charity Commission for Northern Ireland under section 65(91(b) of the Charities Act., and liiil state whether particular matters have come to my attention. Basis of independent examiner's report I have examined your charity accounts as requiied 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(91(bl of the Charities Act. The examination included a review of the accounting records kept by the harity and a comparison of tho account5 presented with those records. It a150 includes consideration of any unusual items or disclosures in the accouits, 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 section 386 of the Companies Act 2006 That the accounts do not accord with those accounting records That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the melhods and principles of the 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 That there is further information needed for a proper understanding of the accounts to be reached. Independent examiner's statement I have completed my examination and have no concerns in respect of the matters11) 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. AL Alison Wallace (FCA) IDS Chartered Accountants LLP 23125 Queen Street COLERAINE Co Londonderry BT52 1 BG Dated.. 19 March 2024
HEALING THE LAND LIMITED ids. chartered accountants STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JULY 2023 Unrestricted Restricted fund5 lunds 2023 2023 Total Total 2023 2022 Notes Donation5 and legacies 1.000 347 1,347 15,159 dltur Raising funds 4,929 535 5,464 10.487 Total resources expended 4,929 535 5,484 10,487 Net lexpenditurellincome for the yearl Net movement in funds (3,929) (188) 14,117) 4,672 Fund balances at 1 August 2022 4,012 824 4.836 184 Fund balances at 31 July 2023 83 636 719 4.836 The stalement 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. Ail income and expenditure derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
HEALING THE LAND LIMITED ids. chartered accountonts BALANCE SHEET AS AT31 JULY2023 2023 2022 Notes Current assets Cash at bank and in hand 719 4,836 Net current assets 719 4,836 The funds of the charity Restricted income funds Unrestricted funds 636 83 824 4,012 719 4,836 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 July 2023. The directors acknowledge their responsibilities for complying with the requirements of the Companies Acl 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements for the y ear in quèstion in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small cotnpanies regime. The financial statements were approved by the trustees on 19 M 2024 William McKee Trustee Andre Truste ampbell Company registration number N1646812 (Northern Ireland)
HEALING THE LAND LIMITED ids. chartered accountants NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023 Accountlng poliGles Charlty Information Healing the Land Limited is a private company limited by guarantee incorporated in Northern Ireland. The registered office is 42 Luney Road, MAGHERAFELT, Co Londonderry. BT45 5JW. 1.1 Accountlng conventlon The financial statements have been prepared in accordance with the charity's Memorandum and Artides, the Companies Act 2006 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 ha5 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 Golng concern At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operalional 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 objectiV8S. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are sel out in the notes lo the financial slalements. 1.4 Income Income is recognised when the charity is legally entitled to it afier any performanc& conditions have been met. the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once Ihe charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation lo donations received under Gfft Asd or deeds of covenant is recognised al the time of the donation. 1.5 Expenditure Liabilities are recognised as expenditure as soon as there is a legal or Constructive obligation committing the charity lo that expenditure, il is probable that selllement will be required. and the amount of the obligation can be measured reliably All expenditure is accounted for on a payments basis. 1.6 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks. other short-temi liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
HEALING THE LAND LIMITED ids. chartered accountants NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 31 JULY 2023 Accounting pollcles (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 al amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. where the transaction is measLJred al 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. Basic financlal liabllltles Basic financial liabilities. including creditors and bank loans are initially recognised at transaction price unless the arrangement conslilutes a financing transaction, where the debt inslrumenl is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised Debt instruments are subsequently carried at amortised cost, using the effective interest rale method. Trade creditors are obligations to pay for goods or services that have been acquired In the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-currenl liabilities. Trade creditors are recognised initially at transaction price and subsequently m8asured at amortised cost using the effective interest method. Derecognition of financial liabllities Financial liabilities are derecognised when the charity's contractual oblgationS expire or are discharged or cancelled. 1.7 Taxation No provision is required for taxation as the company is defined as a charity for taxation purposes. 1.8 Employee benefits The cost of any unused holiday entitlemènt is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or lo provide termination benefits. Donations and legacles Unrestrlcted Restrlcted funds funds Total Unrestricted Restricted funds funds Total 2023 2023 2023 2022 2022 2022 Donations and gifts 1,000 347 1,347 7.435 7,724 15.159
HEALING THE LAND LIMITED ids. chartered accountants NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2023 Ralslng funds Unrestricted Restrlcted funds funds Total Unrestrlcted Restricted funds funds Total 2023 2023 2023 2022 2022 2022 ublicit Governance Costs Event costs COVID response Advertising Staff costs Support costs 600 600 600 600 2,654 230 16 6.750 837 2,654 230 16 4.000 535 535 4,000 328 4,000 237 2,750 237 Fundraising and publicity 4,929 535 5,464 3,587 6.900 10,487 4,929 535 5,464 3,587 6.900 10,487 Support costs Support Governance costs costs 2023Support costs Governance costs 2022 Bank fees Sundry Accountancy 65 263 65 263 600 49 188 49 188 600 600 600 328 600 928 237 600 837 Analysed between Fundraising 328 600 928 271 600 837 Trustees One of the trustees received £4,000 remuneration during the year12022'. £2.750). One of the trustees was reimbursed a total of £233 worth of expenses {2022- one was reimbursed £324). Employees The average monthly number of employees during the year was.. 2023 Number 2022 Number 10-
HEALING THE LAND LIMITED ids. chartered accountants NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JUL Y 2023 Employees (Continued) Employment costs 2023 2022 Wages and salaries 4,000 6,750 There were no employees whose annual remuneration was more than £60,000. Taxation The charity is exempt from taxation on its activities because all ils income is applied for charitable purposes. Restrlcted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject lo specific conditions by donors as to how they may be used. At 1 August 2022 Incoming resources Resources expended At 31 July 2023 824 347 {5351 636 Prevlous year: At 1 August 2021 Incomlng resources Resources expended At 31 July 2022 7.724 (6,900) 824 Unrestrlcted 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 granlors as to how they may be used. These include designated funds which have been sel aside out of unrestricted funds by the Iruslees for specific purposes. At 1 August 2022 Incoming resources Resources expended At 31 July 2023 General fvnds 4,012 1.000 {4,929} 83 Prevlous year.. At 1 August 2021 In¢omlng resources Resources expended At 31 July 2022 General funds 164 7.435 (3,5871 4,012 11
HEALING THE LAND LIMITED ids. chartered accountants NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2023 10 Analysis of net assets between funds Unrestricted Restrlcted funds funds 2023 2023 Total Un restricted Restricted funds funds 2022 2022 Total 2023 2022 Fund balances at 31 July 2023 are represented by.. Current 8ssetsl{liabilitiesl 83 636 719 4,836 4,836 83 636 719 4,836 4,836 11 Related party transactions There were no disclosable related party transactions during the year12022 - none}. 12-