COMPANY REGISTRATION NUMBER: N1624120
CHARITY REGISTRATION NUMBER: 107108
Presence in Portaferry Limited
Company Limited by Guarantee
Unaudited Financial Statements
30 April 2024
ANA
NTAN
Chartered accountants
Sketrick House
Jubilee Road
Newtownards
Co Down
BT23 4YH
Y LIMITED

Presence in Portaferry Limited
Company Limited by Guarantee
Financial Statements
Year ended 30 April 2024
Page
Trustees, annual report (incorporating the director's report)
Independent examiner's report to the trustees
Statement of financial activities (including income and
expenditure account)
Statement of financial position
Statement of cash flows
Notes to the financial statements
10

Presence in Portaferry Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report)
Year ended 30 April 2024
The trustees, who are also the directors for the purposes of company law, present their report and the
unaudited financial statements of the charity for the year ended 30 April 2024.
Reference and administrative details
Registered charity name
Presence in Portaferry Limited
Charity registration number
107108
Company registralion number N1624120
Principal off ice and registered 46 Shore Road
off ice
Portaferry
Co Down
BT22 1 JZ
The truslees
Mr DM Anderson
Dr EM Edmondson
Mr JD Edmondson
Mr G Lennon
Canon G Withers
Company secrelary
Mr DM Anderson
Independent examiner
Imelda Rogan on behalf of Rogan Accountancy Ltd
Sketrick House
Jubilee Road
Newtownards
Co Down
BT23 4YH
Structure, governance and management
PresenCE is the collective term for a group of Christians in Portaferry, coming from all four of the
established churches in the town. The organisation is a charitable company limited by guarantee,
incorporated on 15th April 2014.
The organisation was established under a Memorandum of Association which established the objects
and powers of the charitable company and is governed by these articles. In the event of the company
being wound up, members are required to contribule an amount not exceeding £1.
Presence in Portaferry Limited is in compliance with legal and other statutory obligations. The company
was formally granted charitable status by the Nl Charity Commission on 17th September 2018 and its
charity reference number is 107108.
Trustee meetings and decisions comply with the Articles of Associalion.

Presence in Portaferry Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 April 2024
Objectives and activities
In setting the objectives for the charity and planning activities. the Trustees have given careful
consideration to the Charity Commission for Northern Ireland's guidance on public benefit to their
beneficiaries.
The Company's objectives are to work on a faith-based, cross-community basis to support the people
resident in, andlor visiting Portaferry, and its surrounding area, irrespective of age, sex. sexual
orientation, race, disability, political. religious or other opinion by
1. supporting the work of YFC in its Place2b cross-community faith based work for the benefit of young
people.,
2. leading, supporting and carrying out developmental fatth-based and social activities and projects.
and co-operating with other organisations. for the benefit of all adults.
3. facilitating, in conjunction with the other local community organisations, new arrivals, immigrants and
refugees from elsewhere who wish to reside in the area by providing a welcome, and assisting with
language. accommodation, sheller, integration and other matters of pressing need.
Strategic report
The following sections for achievements and performance and financial review form the strategic
report of the charity.

Presence in Portaferry Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 April 2024
Achievements and performance
During the year ended 30 April 2024. PresenCE continued to expand upon our activities. Our main
projects during the year were as follows:
Place2B
Youth for Christ. Yfc. has continued its youth work with Place2B. but unfortunately, Yfc has struggled
to recruit staff to lead the sessions in Portaferry. Local volunteers supported by Yfc HQ staff have held
fortnightly evening sessions while recruitment is underway. The Homework Club continues weekly.
PresenCE provided financial support again in the year in question. This is likely to increase to more
usual levels in the coming year. One of our Trustees has liaison responsibilities with Yfc.
Portaferry Gala
Gala 2023 saw a return to full normal operation. The Gala committee must be congratulated on the
excellent job they did and in particular with the street theme event.
PresenCE has always hosted a range of activities in Gala Week. In 2023, PresenCE supported Gala
with=
Open Hour every day except Sunday with four stories - in person and on zoom:
Sing Praise in St. Cooey's Oratory"
A "generous gesture" of 200 free ice-cream or coffee vouchers given spontaneously.
Book Clubs
After the very successful Beta & Gamma clubs PresenCE has continued to offer two or three clubs
throughout the year. We compleled Delta - a whirlwind read of the New Testament books. September
brought"Daring to Hope." 2024 began with a search of "Wisdom for the Whole of Life"
The clubs take place on Zoom but we have been able to have some in-person events in the 8-week
cycle. These have been held in The Narrows and have been greatly enjoyed.
Carols in the Square
PresenCE provided an opportunity for old and young with school choirs to enjoy a traditional Christmas
celebration.
New Year Open Hour
We once again had an Open Hour to mark the New Year 2024. Speakers from each of the Churches
in the village spoke of God's faithfulness during 2023 despite some very difficult circumstances and
their hope for the future
"Welcom-ln"
The significant rise in energy prices. despite government support. coupled with the overall increase in
the cost of living, has meant that some people are struggling to keep warm. To help alleviate this a

Presence in Portaferry Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 April 2024
number of organisations have sought to set up warm spaces where people can come to be warm.
Presence, in conjunction with Portaferry Methodist Church, has supported the development of
Welcom-ln. The church is open on Tuesday mornings as a space for anyone to come. There are
conversations and other activities available plus warm beverages.
Care Home
Members of the Presence team visit a local care home weekly to provide a short faith session for the
residents.
Reminiscence Project
The Reminiscence project completed its second phase with publication of "Christmas Past" 40
participants shared their memories of Christmas as young people and their stories have been
published. A trip to Belfast City Hall and the Christmas Market completed the "term"
Another theme
was "Make Do and Mend" with a larger group of participants. This project has encouraged interaction
and discussion among many seniors who were isolated during Covid. Their memories and lessons
about life have much to teach us even today. It continues to address the need felt by some of the more
senior citizens in our community- The modus operandii is of 6-8 seniors meeting for refreshments
while a facilitator skilfully collects their recollections of life in the 1940's. 50's and 60's. These
memories are recorded in booklets for local distribution. This project is run with the support of
Portaferry Community Collective and Portaferry Methodist Church.
Financial review
The Statement of Financial Activities set out on page 8 shows income for the year of £8,142, which
includes a generous donation of £7,004 from Portaferry Methodist Church, to support our ongoing
running costs. Total expenditure was £4.422. resulting in a surplus of £3.720 which will be added to our
reserves. Al the year end our cumulative reserves totalled £9.619 and will be used to enable the
continuation of our activites for the foreseeable future. Our organisation is reliant fully on donations and
we are grateful to our small but reliable pool of donors. Our activities cannot continue without external
donations and whilst our reserves are sufficient to cover our costs for the next year or so, without
ongoing support funds will quickly run out.
Plans lor fulure periods
PresenCE is committed to its work in Portaferry and recognises the need for a "mixed econom￿ of
events. both online and physical. We are grateful for engagement from all the Churches and other
community groups in the town and look forward to new volunteers coming fomard to support the
Trustees.
We are also mindful of the social impact of isolation. povety and the impact for those struggling with
effective management of their limited resources. It is too easy to write off those affected by loneliness.
ill health, drugs and violence and we need to seek new and innovative ways to partner with
organisations that can support all. as they seek to transform their lives.

Presence in Portaferry Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 April 2024
The trustees, annual report and the strategic report were approved on 30 September 2024 and signed
on behalf of the board of trustees by=
]DEDkno*d¢•
Mr DM Anderson
Trustee
Mr JD Edmondson
Trustee

Presence in Portaferry Limited
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Presence in Portaferry
Limited
Year ended 30 April 2024
I report to the trustees on my examination of the financial statements of Presence in Portaferry Limited
I'the charity'l for the year ended 30 April 2024.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company lawl you are
responsible for the preparation of the financial statements in accordance wilh the requirements of
Charities Acl (Northern Ireland) 2008 {Ihe '2008 Acl,) and the Companies Act 2006 ('the 2006 Act,).
You are satisfied that the accounts of the company are not required by charity or company law to be
audited and have chosen instead to have an independent examination.
Having satisfied myself that the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination. I report in respect of my examination of
the charity's financial statements as carried out under section 65 of the 2008 Act. In carrying out my
examination I have followed the general Directions given by the Charity Commission for Northern
Ireland under section 65{9)(b} of the 2008 Act.
Independent examiner's slatement
I have completed my examination. I confirm that no matters have come to my attention in connection
with my examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the charity as required by section 386 of the
2006 Act" or
the financial statements do not accord with those records. or
the financial statements do not comply with the accounting requirements of section 396 of
the 2006 Act other than any requirement thal the accounts give a 'true and fair, view which is
not a matter considered as part of an independenl examination., or
the financial statements have not been prepared in accordance with the methods and
principles of the Statement of Recommended Practice for accounting and reporting by
charities applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland {FRS 102).
I confirm that there are no other matters to which your attention should be drawn lo enable a proper
understanding of the accounts to be reached.
Imelda Rogan on behalf of Rogan Accountancy Ltd
Independent Examiner
Sketrick House
Jubilee Road
Newtownards
Co Down
BT23 4YH

Presence in Portaferry Limited
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 30 April 2024
2024
Unreslricted
funds Total funds Total funds
2023
Note
Income and endowments
Donations and legacies
Investment income
8,122
20
8,122
20
13,550
Total income
8.142
8,142
13,557
Expenditure
Expenditure on charitable activities
Total expendilure
4.422
4,422
12.422
4.422
4,422
12.422
Net income and net movement in funds
3.720
3,720
1.135
Reconciliation of funds
Total funds brought forward
Total funds carried forward
5.899
5,899
4.764
9.619
9,619
5.899
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The noles on pages 10 10 15 forni part ol Ihese linancial slalements.

Presence in Portaferry Limited
Company Limited by Guarantee
Statement of Financial Position
30 April 2024
2024
2023
Note
Current assets
Cash at bank and in hand
9,619
5.899
Net current assets
9,619
5.899
Total assets less current liabilities
9,619
5,899
Funds of the charity
Unrestricted funds
9,619
5,899
Total charity tunds
12
9,619
5,899
For the year ending 30 April 2024 the charity was entitled to exemption from audit under section 477 of
the Companies Act 2006 relating to small companies.
Directors, responsibilities-
The members have not required the company to obtain an audit of its financial statements for the
year in question in accordance with section 476.
The directors acknowledge their restK)nsibilities for complying with the requirements of the Act
with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable lo
companies subject lo Ihe small companies. regime.
These financial statements were approved by the board of trustees and authorised for issue on 30
September 2024, and are signed on behalf of the board by:
]DED d¢•
Mr DM Anderson
Trustee
Mr JD Edmondson
Trustee
The noles on pages 10 10 15 forni part ol Ihese linancial slalements.

Presence in Portaferry Limited
Company Limited by Guarantee
Statement of Cash Flows
Year ended 30 April 2024
2024
2023
Cash flows from operaling activities
Net income
3.720
1.135
Adjustments for..
Other interest receivable and similar income
{20)
3,700
171
1,128
Cash generated from operations
Interest received
20
Net cash from operating activities
3,720
1,135
Net increase in cash and cash equivalents
Cash and cash equivalenls at beginning of year
Cash and cash equivalents at end of year
3,720
5,899
1,135
4,764
9,619
5,899
The noles on pages 10 10 15 forni part ol Ihese linancial slalements.

Presence in Portaferry Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 30 April 2024
General information
The charity is a public benefit entity and a private company limited by guarantee, registered in
Northern Ireland and a registered charity in Northern Ireland. The address of the registered office
is 46 Shore Road. Portaferry, Co Down. BT22 1JZ.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the 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 IFRS 1021 (Charities
SORP {FRS 102)) and the Companies Act 2006.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling. which is the functional currency of the entity.
Going concern
There are no material uncertainties about the chariws ability to continue.
Judgements and key sources of estimalion uncertainty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported. Management continue to review
these judgements and eslimates.
The judgemenls that management has made in the process of applying the accounting policies
and that have the most significant impact on the amounts recognised in the financial statements
are as follows=_
compleleness of income. Income has been recognised in the year during which it was
received. The trustees do not expect clawback;
2 completeness of expenditure. Expenditure has been recognised in the year during it accrued.
The trustees have assessed post year end expenditure which relates to pre year end goods and
services.
10

Presence in Portaferry Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 April 2024
Accounting policies (conllnued)
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal. and fall into one of two sub-classes= restricted income funds or
endowment funds.
Incoming resources
All incoming resources are included in the statement of financial activilies when entitlement has
passed to the charity- it is probable that the economic benefits associated with the transaction will
flow to the charity and the amount can be reliably measured. The following specific policies are
applied to particular categories of income:
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimaled resale value. Donated facilities and seNices are recognised in the accounls
when received if the value can be reliably measured. No amounts are included for the
contribution of general volunteers.
income from contracts for the supply of services is recognised with Ihe delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.

Presence in Portaferry Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 April 2024
Accounting policies (conllnued)
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered. and is classified under headings of the statement of
financial activities to which it relates=
expenditure on raising funds includes the costs of all fundraising activities, events, non-
charitable trading aclivilies, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct cosls
allributable lo a single aclivily are allocated directly to that activity. Shared cosls are apporlioned
between the activities they contribute to on a reasonable, justifiable and consistent basis.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
Current assels and current liabilities are subsequently measured at the cash or other
consideration expected lo be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured
reliably, the investment is subsequently measured at fair value with changes in fair value
recognised in income and expendwture. All other such investments are subsequently measured at
cost less impairment.
Other financial instruments. including derivatives. are initially recognised at fair value, unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is not a market rate. in which case the asset is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes
recognised in the statement of financial activities. with the exception of hedging instruments in a
designaled hedging relationship.
12

Presence in Portaferry Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 April 2024
Accounting policies (conllnued)
Financial instruments (contin4￿d)
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at the end of each reporting date. If there is objective evidence of impairment, an
impairment loss is recognised under the appropriate heading in the statement ol financial
activities in which the initial gain was recognised.
For all equily instruments regardless of significance. and olher financial assets that are
individually significant, Ihese are assessed individually for impairment. Olher financial assets are
either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised.
Limiled by guaranlee
The charity is a company limited by guarantee and does not have share capital. The liability of
each member is limited to an amount not ex￿edIng £1.
Donalions and legacies
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Donations
Donations
Donations (Ukraine Appeal)
8.122
8,122
8.122
8.122
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Donations
Donations
Donations (Ukraine Appeal)
4,730
4,730
8,820
8,820
4,730
8,820
13,550
Investmenl income
Unrestricted Toial Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Bank interest receivable
20
20
13

Presence in Portaferry Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 April 2024
Expenditure on charitable activities by lund type
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Youth support activities
Ukraine Appeal
Other Community Support Projects
Support costs
2.006
2,006
2.021
395
2,021
395
4,422
4,422
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Youth support activities
Ukraine Appeal
Other Community Support Projects
Support costs
1.734
407
1.124
337
1,734
9,227
1,124
337
8,820
3.602
8,820
12.422
Expendilure on charitable aclivities by activity type
Activities
undertaken
directly Support costs
Total funds
2024
Total fund
2023
Youth support activities
Ukraine Appeal
Other Community Support Projects
Governance costs
2.006
2,006
1,734
9,227
1.124
337
2.021
2,021
395
395
4.027
395
4,422
12.422
Independent examination fees
2024
2023
Fees payable to the independent examiner for:
Independent examination of the financial statements
300
300
10. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
2024
2023
The average head count of employees during the year was Nil {2023= Nill.
No employee received employee benefits of more than £60,000 during the year {2023: Nil).
14

Presence in Portaferry Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 April 2024
11. Trustee remuneration and expenses
Trustees participate on a fully voluntary basis and no trustees received remuneration or benefits
during ihe year.
12. Analysis of charilable funds
Unrestricled funds
At
1 May 2023
Al
Income Expenditure 30 April 2024
General funds
5.899
8.142
(4,422)
9,619
At
1 May 2022
At
Income Expenditure 30 April 2023
General funds
4,764
4,737
(3,602)
5,899
13. Analysis of net assets between funds
Unrestricted Total Funds
Funds
2024
Current assets
9,619
9,619
Unrestricted Total Funds
Funds
2023
Current assets
5,899
5,899
14. Analysis of changes in net debt
At
At 1 May 2023 Cash flows 30 Apr 2024
Cash at bank and in hand
5.899
3,720
9,619
15