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2024-02-29-accounts

KING’S CHRISTIAN

FELLOWSHIP CHURCH

Annual Report &

Statement of Accounts

For the Year Ended 29[th ] February 2024

Registered with the Charity Commission for Northern Ireland NIC 107505

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KING’S CHRISTIAN FELLOWSHIP CHURCH

ANNUAL REPORT & STATEMENT OF ACCOUNTS YEAR ENDED 29th February 2024

INDEX
Page No.
Trustees Annual Report 3-6
Statement of Receipts & Payments 7
Statement of Assets & Liabilities 8
Notes to the Financial Statements 9-10

Registered with the Charity Commission for Northern Ireland NIC 107505

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KING’S CHRISTIAN FELLOWSHIP CHURCH

TRUSTEES ANNUAL REPORT

FOR THE YEAR ENDED 29th February 2024

The Trustees of King’s Christian Fellowship Church are pleased to submit their report and accounts for the year ending 29th February 2024 .

CHURCH MISSION

King’s Christian Fellowship Church overall mission and principal object/purpose, as laid out within their Constitution, is “the education and advancement of the Christian faith” .

OBJECTIVES AND ACTIVITIES

Our Vision is to be a Church which brings people into a deeply passionate relationship with Jesus Christ and to train, equip and release people into their full potential and divine destiny, in line with the Great Commission, as stated in Mathew 28:

“Go into all the world and preach the gospel to every creature.[16 ] He who believes and is baptized will be saved; but he who does not believe will be condemned.[17 ] And these signs will follow those who[[][a][]] believe: In My name they will cast out demons; they will speak with new tongues;[18 ] they will take up serpents; and if they drink anything deadly, it will by no means hurt them; they will lay hands on the sick, and they will recover.”

We believe that it is also vitally important as a Church to demonstrate the Love of Christ Jesus in a compassionate and practical ways, both within our local community and to the Nations of the World. As stated in Matthew 25:35-46 NKJV, in the Words of Jesus: “for I was hungry, and you gave Me food; I was thirsty, and you gave Me drink; I was a stranger, and you took Me in; I was naked and you clothed Me; I was sick and you visited Me; I was in prison and you came to Me.’”

We aim to be a Church that makes a real difference as stated in Colossians 1:13-14, to bring people into a saving knowledge of Jesus Christ, to know the Father’s Love and the Power of the Holy Spirit, to set them free from the powers of darkness and oppression and convey them into the Kingdom of Light, where through Jesus they will have “Redemption through His Blood” and “the Forgiveness of sins.” This is our Mission and Main Objects of this Church.

Registered with the Charity Commission for Northern Ireland NIC 107505

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KING’S CHRISTIAN FELLOWSHIP CHURCH

TRUSTEES ANNUAL REPORT

FOR THE YEAR ENDED 29th February 2024

The Trustees of King’s Christian Fellowship Church are pleased to report that during the year we were able to do many activities that promote our aims and objectives, as follows:

Registered with the Charity Commission for Northern Ireland NIC 107505

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KING’S CHRISTIAN FELLOWSHIP CHURCH

TRUSTEES ANNUAL REPORT

FOR THE YEAR ENDED 29th February 2024

In setting our objectives and planning our activities for the year above, the Trustees have given careful consideration to the Charity Commission for Northern Ireland's statutory guidance on public benefit to ensure that the activities have helped achieve the charity's purpose and provide a benefit to the beneficiaries. The Charity’s main beneficiaries are people living in Northern Ireland, however we also work with beneficiaries from other areas of Ireland.

The Trustees would personally wish to thank everyone who has helped and assisted in any way, both financial and in volunteering in the work of the Church, your assistance in invaluable.

FINANCIAL REVIEW

The Trustees are happy to present the Church’s financial statements for 29th February 2024 . The Financial Performance in the year to 29th February 2024 has been broadly consistent with the Trustee’s forecasts and expectations and they are pleased to report that there were sufficient funds obtained to support the work of the Church throughout the year and already future funding for further projects is being sought and confirmed.

These Financial Statements have been prepared based on a Receipts and Payments method, in line with advice provided by the Charities Commission in Northern Ireland for smaller charities with an income under £250,000.

During the year the Trustees of King’s Christian Fellowship Church were able to secure Restricted Funds - Grant Funding of £700.00 and Unrestricted Funds, which included Church Collections, General Donations and Ministry Gifts totalling £18,626.25, which helped to cover all the necessary running expenses for the Church.

Registered with the Charity Commission for Northern Ireland NIC 107505

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KING’S CHRISTIAN FELLOWSHIP CHURCH

TRUSTEES ANNUAL REPORT

FOR THE YEAR ENDED 29th February 2024

TRUSTEES STATEMENT REGARDING PUBLIC BENEFIT

In setting out our objectives and planning our activities for the year the Trustees have given careful consideration to the Charity Commission for Northern Ireland’s guidance on public benefit to ensure that the activities have helped to achieve the Charity’s purposes and provide a benefit to the beneficiaries.

This Trustee Annual Report was approved and adopted by a meeting of the Committee on 26[th] February 2025 and signed on their behalf by:

REV PAUL S, BURNS BTh(Hons.) Dip Theo Chairman

Registered with the Charity Commission for Northern Ireland NIC 107505

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KING’S CHRISTIAN FELLOWSHIP CHURCH

STATEMENT OF RECEIPTS AND PAYMENTS

FOR THE YEAR ENDING 29th February 2024



RECEIPTS
Grants

Donations
TOTAL RECEIPTS

EXPENDITURE
Charitable Activities
Governance Costs
Fundraising Costs
TOTAL PAYMENTS
SURPLUS FOR YEAR

RECONCILIATION
Cash at Bank and in Hand 1.03.2023
Surplus for the year
Cash at Bank and in Hand 29.0.2024

Unrestricted
Restricted
Total
Funds
Funds 2024
£
£ £
-
700.00 700.00
18,626.25-18,626.25
18,626.25 700.00 19,326.25
18,242.71 700.00 18,942.71
- - -
---
18,242.71 700.00 18,942.71
£383.54 £- £383.54
2.98 - 2.98
383.54-383.54
£386.52 £- £386.52

Registered with the Charity Commission for Northern Ireland NIC 107505

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KING’S CHRISTIAN FELLOWSHIP CHURCH

STATEMENT OF ASSETS & LIABILITIES

FOR THE YEAR ENDING 29th February 2024



Bank & Cash Balances:
Bank/Cash Accounts
Other Assets held for functional use:
Computer Equipment (at cost)
Piano (at cost)
Sound System Second Hand Donated
Total Assets Held
2024
Unrestricted Restricted Total
£ £ £
386.52- £386.52



£
600.00
1,500.00
250.00
2,350.00




£

All assets shown above belong to the Unrestricted (General) Fund and at the current date would be fully depreciated @ 25% per annum.

Registered with the Charity Commission for Northern Ireland NIC 107505

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KING’S CHRISTIAN FELLOWSHIP CHURCH

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDING 29th February 2024

1. RECEIPTS & PAYMENTS/STATEMENT OF ASSETS & LIABILITIES

Section 133 of the Charities Act 2011 permits a charity to prepare receipts and payments account and a statement of assets and liabilities where gross income in the financial year does not exceed £250,000, therefore receipts and payments accounts and a statement of assets and liabilities has been prepared and presented for the year ended 29th February 2024.

2. BASIS OF VALUATION OF ASSETS

Valuations of assets have been provided for assets held for functional use; where possible the brand new purchase price/replacement cost is given. If this is not readily available a second-hand purchase price is given. The current assets held have been fully depreciated at a rate of 25% per annum.

3. RESTRICTED & UNRESTRICTED FUNDS

Restricted Funds are subjected to restriction on their expenditure imposed by the donor. Unrestricted Funds can be used in accordance with the charitable objectives, at the discretion of the Trustees.

4. INCOME

All Income, including grants and investment income is recorded when received.

5. EXPENDITURE

All Expenditure is recorded when paid. Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries.

Registered with the Charity Commission for Northern Ireland NIC 107505

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KING’S CHRISTIAN FELLOWSHIP CHURCH

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDING 29th February 2024

6. INDEPENDENT SCRUTINY

In the year ended 29th February 2024 gross income did not exceeded £250,000 and therefore, in accordance with section 65 of the Charities Act an independent examination has been 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

Approved and adopted by a meeting of the Committee on 26[th] February 2025 and signed on their behalf.

REV PAUL S BURNS BTh(Hons.) Dip Theo Chairman

Registered with the Charity Commission for Northern Ireland NIC 107505

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