RATHFRILAND BAPTIST CHURCH
Trustees Annual Report and Financial Statements
for the year ended 30th September 2024
Registered with the Charity Commission for Northern Ireland NIC107417

RATHFRILAND BAPTIST
TRUSTEES ANNUAL REPORT
The Trustees present theirAnnual Report of the charity for the year ended 30 September 2024.
PURPOSE
The principal purpose of Rathfriland Baptist Church is the advancement of the Christian faith according
to Biblica I principles.
ACHIEVEMENTS AND PERFORMANCE
The Trustees have had regard to the Charity Commission for Northern Ireland's guidance on provision
of public benefit and are confident that the Church fully satisfied this requirement throu8hout 2024
through its activities.
Sunday services and the mid-week Bible Study are Iwestreamed viathe Churches U Tube Channel, These
services are freely available on an ongoing basis on this Channel. Services are also uploaded onto
SermonAudio website where they may be also freely accessed on an ongoing basis. Drive-in Gospel
services were again conducted in the carpark of Rathfriland Farmers Coop, kindly granted, as a gospel
outreach on Sunday afternoon from June to the middle of September.
Youth fellowship (CAST) meetings are held on alternate Sunday evenings, after the evening service,
during October to April. CAST also organised a number of social events throughout the year. Our
Ladies Fellowship meeting also continued on the l Monday of each month during the period
September to May.
In addition to the usual monthly activities during 2024, the annual soccer club was held over the course
of 4 evenings in early June as a special outreach, with over 100 boys and girls attending. The annual
holiday bible club was also held in late Julywith up to 130 children attending.
A number of Missionary Societies and Christian organisations attended the Fellowship to provide
members the opportunity to receive information on their work.
Visitation of the sick, consolation and 5UPPOrt of members suffering bereavement continued in 2024
as the Pastor and the Assistant Pastor, together with others from within the Fellowship, sought to
provide comfort and support for those affected.
A new church complex was completed in August 2023, work having commenced in March 2022. The
first service wa5 held in the new building on the 30 August of 2023, with Sunday services commencing
mid-september and the official opening following in October 2023. The Trustees wish to record
they're thanks to Walter Graham for his efforts and faithfulness in undertaking the construction of the
new church complex.

RATHFRILAND BAPTIST
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISORS
Charity name: Rathfriland Baptist
Church Address.. Loughbrickland Road, Rathfriland. BT34 5PZ.
Email: ian
rathfrilandba
tist.com
Website: www.rathfrilandba
tist.com

RATHFRILAND BAPTIST
TRUSTEES
The Charity Trustees are the members of the Church Oversight Committee which consists of Pastor,
Elders and Deacons.
All male members of the Church are eligible to stand for election as a deacon unle55 disqualified by
Statute from holding office as a trustee. Elections to the Office of Deacon are conducted at the Annual
Members Meeting. Attendance at the Annual Church Meeting is open to all church members.
The Church's Constitution requires a two thirds majority of those voting for the appointment of
Pastors or Elder5. Elders are elected for life unless they choose to retire or leave the Fellowship. Pastors
serve for the period of their pastorate.
INDUCTION AND TRAINING OF TRUSTEES
Following appointment each newly appointed Trustee receives an Induction Pack containing copies of
Charity Commission for Northern Ireland publications.. Running Your Charity. Trustees are also
encouraged to access further information available on the Charity Commission for Northern Ireland
website.
The Trustees in office at 30January 2024 and the date of signing this report were:
I Wilson
Pastor
G Ander50n
J Henry
R Stewart
G Mccrum
J Boyd
l Mcconnell
E McAuley
K McKinstry
L McKinstry
M Scott
Church Secretary
Church Treasurer
Child Safeguarding Officer
Youth Coordinator
PAYMENTS TO TRUSTEES
No Trustee received payment for undertaking trustee duties. Payments to the Pastor relate to
expense5 incurred in the performance of the duties of pastor. Where Trustees purchase items on
behalf of the Charity these costs may be reimbursed.

RATHFRILAND BAPTIST
ADVISORS
Bankers:
Danske Bank, High Street, Portadown, BT62 ILB.
Accountants..
WHR Accountants Ltd, 56 Upper English St, Armagh, BT617LG.
Insurance Adviser:
Kingdom Bank, Media House, Padge Rd, Beeston, HG9
Solicitors:
Bell Gordon & Son, 9 Newry St, Rathfriland, BT34 SPY
STRUCTURE, GOVERNANCEAND MANAGEMENT
Rathfriland Baptist Church is a registered charity. The charity 15 registered in Northern Ireland with the
Charity Commission in Northern Ireland with the charity number 107417. It has been registered as a
th
charity since June 8 2020.

RATHFRILAND BAPTIST
TRUSTEES ANNUAL REPORT conyd
MANAGEMENT
The Trustees continued to meet regularly to discuss the work of the church, and to make decisions
concerning the regular activities within the church, and also outreach activities. Matters are reported
to Church Members via the Annual Church Members Meeting when the Report and Accounts are also
presented. Matters requiring approval of a Church Members Meeting, other than appointment of
Elders or Pastors, are decided by majorityvote. In event of a tie the Chairman of the Church Member5
Meeting has a castingvote. Approval at a Church Members Meeting is required forsignificant projects,
such as a building program, prior to commencing any major new undertaking.
Volunteers continue to play key roles in various Departments of the Church. It is not possible to
quantify this support as much is done behind the scenes. However, Rathfriland Baptist Church could
not function as it does without their faithful support.
RISK MANAGEMENT
The Trustees have conducted an assessment of the risks to which the charity is exposed and have
reviewed systems and procedures to mitigate such risks. Risk assessment covering fire, health & safety
and the protection of children, young people and vulnerable adults is an ongoing proces5 and is
reviewed annually or before any new major undertaking.

RATHFRILAND BAPTIST
TRUSTEES ANNUAL REPORT cont'd
FINANCIAL REVIEW
The church is funded by voluntary gift5 and donations and use 15 made of the Gift Aid Scheme. The
church does not seek funds from other sources.
Income for the year amounted to £269,250. An amount of £33,376, recognised as income during the
th
year related to Gift Aid Rebates but had not been received as at 30 September 2024. In addition a
further Gift Aid Rebate of £25,526 relating to covenant offerings in the previous financial year had also
not been received. Expenditure amounted to £111,407, which includes £2100 of depreciation on
equipment, leaving a surplus of £157,843 for the year.
A Loan facility of £450,000 was agreed and drawn down from Dan5ke bank to ensure adequate funds
were available to pay for the accrued costs of capital works relating to the new church and hall
complex. At the 30 September 2024 the Loan balance had been reduced to £340,268.
The Church uses Restricted and Unrestricted Funds in its accounting policies. Restricted Funds are
used for money donated to the Church for specific purposes e.g. Building Fund. Unrestricted Funds
from general offerings are used for all other purposes. Any shortfalls in the Restricted Funds are made
up by transfers from the Unrestricted Fund.
RESERVES POLICY
A policy on reserves has been reviewed and agreed by the Trustees. The income of the church is
stable, and sufficient to both meet normal expenses and pay off the cost of planned capital works. In
the event of an unexpected financial need the Trustees are confident that members would respond
accordingly. The Tru5tee5 are satisfied that a figure equating to approximately three months,
expenditure is an appropriate level of reserve balances at the present time. Cash balance at year end
exceeded the level of Reserve5 required.
SIGNED ON BEHALF OF TRUSTEES BY..
l Mcconnell
Church Treasurer
Date.. 27 January 2025
R Stewart
Church Secretary
Date: 27 January 2025

Rathfriland Baptist Church
Independent Examinerfs Report to the Charity Trustees of
Rathfriland Baptist Church
I report on the accounts of the Charity for the year ended 30 September 2024.
Respectlve responsibilities of charity trustees and examiner:
As the charitvs trustees you are responsible for the preparation of the account5 in accordance with the Charities Act
(Northern Ireland) 2008.
It is my responsibillty to:
examine the accounts under section 65 of the Charities Act,
to follow the procedures laid down in the general directions given by the Commi55ion under section 6519llb} of the
Charities Act
to state whether particular matters have come to my attention.
Basls of independent examinerfs report:
I have examined your charity accounts a5 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 6519llbl of the Charities Act.
My examination included a review of the accounting records kept by the charity and a compari50n 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:
l. That accounting records were not kept in accordance with section 63 of the Charities Act
2. That the accounts do not accord with those accountlng record5.
3. That the accounts do not comply with the accounting requirements of the Charities Act
4. 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 respect of the matter5111 to {41 listed above and, in
connection with following the directions of the Charity Commlssion for Northern Ireland. I have found no matters that
require drawing to your attention,
27
Date
oi
2025
James
binson F.C.C.A.
WHR Accountants Limited
Chartered Certified Accountants
56 English Street
Arma8h
BT617LG

Rathfrlland Baptist Church
Statement of Financial Actlvlty for the Year Ended 30 September 2024
Note
Unrestricted
Funds
Restricted
Funds
Endowment
Fund5
Total
2024
Total
2023
Income from:
Donations & Le8acie5
Investment income
148,097
120
121,032
269,129
Izi
291,119
908
Total Income
148,217
121,033
269,250
292,027
Expenditure on..
Charitable Activities
Other Expenses
84,825
1,795
22,687
2,100
107,512
3,895
70,623
2,935
Total expenditure
86,620
24,787
111,407
73,558
Net Income / {deficit}
Transfers between funds
Revaluation of fixed assets
61,597
163,8631
96,246
63,863
157,843
0.00
218,469
10,000
Net movement in funds
Reconciliation of funds..
Total funds brought forward
{2,266)
160,109
157,843
228,469
256,091
430,408
686,499
458,030
Total funds Carried forward
253,825
590,517
844,342
686,499

Rathfriland Baptist Church
Balance Sheet as at 30th September 2024
Unrestricted
Funds
Restricted
Fund5
Endowment
Funds
Total
2024
Total
2023
Flxed assets:
Tangible assets
200,000
868,667
1,068,667
1,069,805
Total fixed assets
200,000
868,667
1,068,667
1,069,805
Current assets
Debtors and prepayments
Cash at bank and In hand
26,120
30,105
32,782
29,336
58.902
59,441
47,419
70,475
io
Total current assets
56,225
62,118
118,343
117,894
Current Ilablllties
Creditors due within one year
Bank Loans & Overdrafts
li
12
2,400
2,400
340,268
501,200
340,268
Total current liabilitles
2,400
340,268
342,668
501,200
Net current assets
53,825
1278,1501
1224,3251
{383.306)
Total net assets
253,825
590,517
844,342
686,499
Fund5 of the charity
Unrestricted funds
Restricted funds
13
13
253.825
253,825
590,517
256,091
430,408
590.517
Total charity funds
253,825
590.517
844,342
686,499
Signed on behalf of the Trustess Bv:
Treasurer.. Mr l Mcconnell
Church Secretary.. Mr R Stewart
Date: 2710112025
Date.. 2710112025

Rathfriland Baptlst Church
Cash Flow Staternent forthe Year Ended 30th September 2024
Total Fund5
2024
Total Funds
2023
Cash flow from operating activities
Net loutgoingl / incoming resource5 before interest received
Depreciation
Increase in debtors and prepayments
(Decrease) / increase in creditors and accruals
157,722
2,100
{11,4831
(498,8001
217,561
2,100
(47,4191
501,200
Net cash {outflowl I Inflow from Incomin8 resources
(350,4611
673,442
Return on investments and servlclng of finance
Interest received
121
908
121
Capital expendlture
Purchase of tangible fixed assets
(9621
11,061,905)
19621
11,061,905)
Net Idecreasel / increase in cash for the year
(351,3021
(387,5551
Cash and cash equivalents at the beginning of the year
70,475
458,030
Cash and cash equivalents at the end of the year
1280,8271
70,475

Rathfriland Baptlst Church
Notes to the Accounts - Year Ended 30 September 2024
I. ACCOUNTING POLICIES
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in preparation of the financial
statements are as follows..
a Basis of preparatlon
The accounts are prepared Sn accordance with the Charities Statement of Recommended Practice (Charities SORP 20221, FRS102 and
with the Charities Act 2011.
b Income recognition
All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income after any
performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.
¢ Donatlons
Donations are accounted for 8ross when received. Fixed a55et gifts in kind are reco8nised when receivable and are included at falr value.
d Legacles
Legacies are accounted for when probate has been completed, the amount of the legacy can be reliably quantified and the conditions of
the legacy are within the control of the Church.
È Investment income
Investment income is included in the accounts in the year in which it is receivable.
f Expenditure recognltion
All expenditure is accounted for on an accruals basis. Expenditure 15 recogni5ed where there 15 a legal or constructive obligation to make
payments to third parties, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
g Support costs
Support costs are those that as51St the work of the Church but do not directly represent charitable activities and include office costs and
governance costs. Where the 5UPPOrt costs cannot be directly attributed to particular headings they have been allocated to the cost of
raising funds and expenditure on charitable artivities on a basis consistent with the use of resources. This represents direct expenditure
on the governance of the Church. Most of the management is carried out without char8e by volunteers. Thi5 intangible cost is not
included in the Statement of Financial Activities since there is no measurable cost to the volunteers for their service.
h Fixed assets
Tangible fixed assets are capitalised if they Can be used for more than one year and cost as least £1,000. They are initially recognised at
C05t, or for donated assets, at a reasonable estimate of their value on receipt.
The new Church building and Church hall have been valued at C05t. The existing car park and graveyard have a fair value of EIO,000 as
there 15 no reliable information regarding this.
l Depreciation
During the year ended 30th September 2024, depreciation has been provided on all fixed assets, other than the Church building and
Church Hall, to write off the cost on a straight-line basis over their expected useful life. at the following rate..
Equipment
Fixtures and flttings
15%
io%
No depreciation will be provided on the Church building and Church Hall as its remaining useful life currently exceeds 50 years.
The fair value of all tangible fixed assets wlll be reviewed by the Trustees annually.

Rathfriland Baptist Church
Notes to the Accounts- Year Ended 30 September 2024 Icont'dl
J Funds
Unrestricted funds are available for use at the discretion of the trustees In furtherance of the general objectlves of the charity and which
have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by
the charity for specific purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and
use of each restricted fund is set out in the notes to the financial statements.
k Employee benefits
The charity operates a deflned contribution plan for its employees. A defined contribution plan is a pension plan under which the charity
pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payment obligations.
The contributions are recognised as an expense when they are due. Amounts not paid are shown in accruals in the balance sheet.
These assets of the plan are held separately from the charity in an independently administered fund,
I Preparation of accounts on a going concern basls
The Church generally meets its day-to-day workSng capital requirements from its annual income. The Trustees have obtained and
reviewed cash flow forecasts for the incoming year and based on these are satisfied that the Church has resources to provide a
reasonable expectation that it can continue to meet its financial obligations as they fall due for the foreseeable future. Therefore, these
financial statements have been prepared on a going concern basi5.
2. DONATIONS & LEGACIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Donations and gifts
Gift Aid on donations, gifts,
leagacies and bequests
129,676
106,077
235,753
243,700
18,421
14,955
33,376
47,419
148,097
121,032
269,129
291,119
3. INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Deposit Interest
120
121
908
120
121
908
4. CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Church Envelopes
Ministry and support staff costs
Utilitles
General Church activity expenses
Building Loan Interest Charges
Donations and gifts
215
49,727
9,936
24,609
215
49,727
9,936
27,794
19,132
708
188
39,287
3,Z92
20,389
3,185
19,132
370
338
7,467
84,825
22,687
107,512
70,623

Rathfriland Baptist Church
Notes to the Accounts - Year Ended 30 September 2024 Icont'dl
5. OTHER EXPENSES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Governance costs
Depreciation
1,795
1.795
2,100
835
2,100
2,100
1,795
2,100
3,895
2,935
6. TOTAL EXPENDITURE
Unrestricted
Funds
Restricted
Fund5
Endowment
Funds
Total
2024
Total
2023
Charitable Activities
Other Expense5
Fixed Asset Addition5
84,825
1,795
22,687
2,100
962
107,512
3,895
962
70,623
2,935
1,061,905
86,620
25,749
112,369
1,135,463
7. EMPLOYEES
Employment Costs
Total
2024
Total
2023
Wages and salaries
49,727
39,287
49,727
39,287
Number of employees
2024
2023
The average number of employees during the year was:
There were no employees in receipt of employee benefits In excess of £60,000.
The Pastor acts as one of the Church'5 tru5tee5 in accordance with the Trust deed and received remuneration, expenses allowance and
pension contribution5 totalling £1,140 in respect of his Se￿iCe5 as Pastor. To fulfil his role within the Church, he is also provided with
accommodation at the Church Manse which the Church rent on his behalf.
The only amounts paid to the remaining Trustees were for out-of-pocket expenses.
The Church pays pension contributions for Its Pastor to Standard Life. a defined contribution scheme, which is not contracted out of the
State Second pension. The scheme is a multi-employer scheme and it 15 not P055ible to identify the assets and liabilities of the scheme
which are attributable to the Church.
The Assistant Pastor who is not a Trustee of the Church received remuneration of E21,137 and an expenses allowance of £3,231. Life
Assurance of £476 was paid to Unum and Pension contrlbutions of £1057 were also paid by the congregation in respect of the A5SlStant
Pastor to the Standard Llfe.

Rathfriland Baptist Church
Note5 to the Accounts - Year Ended 30 September 2024 Icont'd)
8. TANGIBLE FIXED ASS￿5
Church, Church
Hall, Car Park &
Graveyard
Fixture5 and
fittings
Manse
Equipment
Total
Costlvaluation
As at 1st October 2023
Additions
Revaluation
1,057,905
962
14,000
1,071,905
962
As at 30th September 2024
1,058,867
14,000
1,072,867
Depreciation
As at 1st October 2023
Charge for the year
2,100
2,100
2,100
2,100
As at 30th September 2024
4,200
4,200
Net Book Value
As at 30th September 2024
1,058,867
9,800
1,068,667
As at 30th September 2024
1,057,905
11,900
1,069,805
The assets of the Church comprise..
Church building, and Church Hall and their contents along with a graveyard and car park.
During the year ended 30th September 2024, the depreciation has been provided on all fixed assets, other than the Church building and
Church Hall. No depreciation will be provided on the Church buildings as its remaining useful life currently exceeds 50 years.
The fair value of all tangible fixed assets will be reviewed by the Trustees annually.
9. DEBTORS AND PREPAYMENTS
2024
2023
Debtors
58,902
47.419
10. CASH AT BANK AND IN HAND
2024
2023
Cash in hand
59,441
70,475
11. CREDITORS DUE WITHIN ONE YEAR
2024
2023
Accruals
2,400
501,200
12. BANK LOANS AND OVERDRA￿5
2024
2023
Bank Loans and Overdrafts
340,268

Rathfrlland Baptist Church
Notes to the Accounts- Year Ended 30 September 2024 {cont'd)
13. FUND BALANCES
Balance
Income
Costs
(including
revaluation)
Surplus/
Transfers
Balance
at start
{Deficitl
nett
at end
Unrestrlcted Funds
Fund
256,091
148,217
86,620
61,597
163,8631
253,825
Total Unrestrlcted Funds
256,091
148,217
86,620
61,597
(63,863)
253,825
Restricted Funds
Fund
430,408
121,033
24,787
96,246
63,863
590,517
Total Restricted Funds
430,408
121,033
24,787
96,246
63,863
590,517
Endowment Funds
Total Endowment Funds
Total Funds
686,499
269,250
111,407
157.843
844,342
Analysis of closing funds
Unrestrlcted
Restrlcted
Total Funds
Total Funds
Funds
Funds
2024
2023
Fixed assets
Current assets
Current liabilities
200,000
56,225
12,4001
868,667
62,118
1340,2681
1,068,667
118,343
1342,6681
1,069,805
117,894
1501,2001
Total Funds
253,825
590,517
844,342
686,499
14. RELATED PARTY TRANSAcfioNS
Pastor lan Wilson is a trustee of the Church. In his capacity as the Pastor of the congregatlon he received remuneration of £22,800 and
an expenses allowance of £0. Life Assurance of £513 was paid to Unum and Pension contributions of £1,140 were a150 pald by the
congregation in respect of the Pastor to the Standard Life.
None of the other trustees received any remuneration, only reimbursement for out-of-pocket expen5e5 incurred in connectlon with their
dutie5.
There were no other related party transactions.
15. CRITICAL ACCOUNTING JUDGEMENTS AND ESTIMATION UNCERTAINTY
Estimates and judgements made in the process of preparing the financial Statements are continually evaluated and are based on
historical experience and other factors, including expectations of future events that are believed to be reasonable under the
circumstances. The Trustees do not consider that there are any critical accounting estimates or assumptions which may have a
significant risk of causing a material adjustment to carrying amounts of a55ets and liabilities withln the next financial year.

Rathfrlland Baptist Church
Notes to the Accounts- Year Ended 30 September 2024 Icont'dl
16. PENSION
The Church pays pension contributlons for its Pastor to Standard Life, a defined contribution scheme, which is not contracted out of the
State second pension. The scheme 15 a multi-employer scheme and it is not P055ible to identify the assets and liabilities of the scheme
which are attributable to the Church. Therefore, in accordance with FRS102 Section 28, the scheme 15 accounted for a5 a defined
contribution scheme,
17. CAPITAL COMMITMENTS
At 30th September 2024 the Church had no capital commitments.