Klii dom Harvest Churcli Ltd Exe¢ulive Coinmitte¢5' Report and Finaiicial Stalemcnts YeRr Ended 31 March 2023 Charity Commission Number NEC
Klngdoin Harvest Church Ltd Conteiits Triistees and otlier Informfttlon Report of the Trustees Statement of Trustccs Responslbllltles StRtement of Flnanclftl Actlyltles BAlance Sheet Notes to the Flnanclal StateinentS Indepeiident Exnmlner's Report
Kliigdom Harvest Churcli Ltd Com an Informatlon Dlrector5rrrustecs Coiii an mber NIO Re Istered Offlee Iiide cndent exBn)Iner Heron Accountancy Solutions Chart¢r¢d Cerlified Accountants 301 City East Biisiness Ceiilrc 68172 Ncivtownards Road Belfast BT4 IGW Structure overHnce aiid mAna ement Tlic Kiagdoiii Harvc5t Chui'cli Ltd lias b¢en accepted as a cliai'ily by tbe Cliaritics CoiNnission for Norlliem Ircland Cliarily Niimber NIC and as siicli no piovision foi. taxation lias been Inade. Tliey are also a cliarily for tax pUoSe$ under Ilie Inland Revenue I'efercncc .Ihe company ivas incoiporated on Tlic Company was cstablislied undcr a Memorandum ai)d Articles of Associalioij ivhicli establislicd the objects and poivers of tlic company. The day-to-day dccisioiis Inaking is uiiderlaking by tlie board of directorsltruslces and financial mattels arc addressed by tlie treasurer in conjiinction wAtlI tlje Irustccs. The boai'd meets Inonthly. The cl)ftrity tnisiees al'e also'll)e direclors of tlie company. Page I
Klngdom Harvest Cliurcli Ltd Company Llinlt¢d by guRrAntee oi't of the Trustecs> for Year End d 31 March 2023 The Trustees present Iheir RerI logetl7er ivith unaudited accoiints for Year Ended 31 Marcli 2023. Ob eetlves 2nd Rctlvllles Tlie objectives and activities of tlie cl)arity Achlevements aiid erformaiice Flnancl&l Revleiv Thc committee ivoiild like to tak¢ tliis opportunity to ihank the Inembers for their support tl)is year and Iioi)e that il ivill coiilinue in the ycars to come. Trustees Tlic Tnlstees ivho, are also direciors of tlie coinpany for thc piiiyoscs of Ibe Conipanies Act 2006, liave acted throughout tlie period are as slated oil Pag¢ l of these financial slatemenls. order of the Triistees Dated:, PAge 2
Kliigdoi?i HArvest Cliurcli Ltd CompHiiy Llnilted by guArantce Statement of Triistees Res onslbllltles Tlie Trustees are responsible for 11)e prepai'alioii of Fiiiancial Slatcmeiits for eacli fillnncial period lvliicli give a Iwe and fair view of tlie SulUS oi. dcficil arisillg in Ilic period aiid of the assets and liabilities of the Cbarity as al tlie cnd of Ihc fmancial period. Tlje Financial Slat¢meiiis are lo bc prepared under Scctioll 64(1) of tlic Cbarities Acl (Nl) 2008. Tl)e Trust¢es are responsible for tlie Inainten(Incc of proper accoiinting records ivhich disclos¢ with Teasoiiable accui-acy tlie financial position of Ilie Charity al any given tiinc, They are respoiisible for safcgiiarding tlie assets of Ili¢ Cliarily and for taking all necessary steps for the prevention or detection of fraud and other irregularities. Sl lied on belialf of tlie Trustees: Dated: Z6 202 Trustee Dated: Trustee Page ?
Klngdom Harvest Churcli Ltd Slaleiiieiil or ri InAncl&l Actli.Illes foi. tlie Year Ended 31 March 2023 (Includliig Income and ExiJeiidllur¢ Aceount) Uiirésirlcled Fiiiid Re51rlcl¢d Fiiiid IIINr•23 Tolftl Mftr-22 Tolal Note Voliinlary ineonie Don81ions and Gift Aid Fund R81Si118 Aclivi1iC5 Inv¢slTn¢nl Iiicoine 81,588 145 81,588 145 56,796 920 Total Income 81,733 81,733 57,716 iidlriire.. Adii)inislfalion expeiises EslRblishm¢nt expenses Governance Costs 48,450 20.476 3,139 48,450 20,476 3,139 35,679 10.044 4,868 To¢91 expemdlluye 65,787 65,787 50,591 Nel iiiovenient In funds 15,946 15,946 7,125 Totil Fundg brought forivArd 24,445 24,445 17,320 Tot*1 Funds currled forward 40,391 40,391 24,445 Tha notes on pages 6 lo 8 form an Integral parl of these financlal slatemenls Page 4
Klngdoni H8rv¢51 Church Ltd StAtem¢iit of A55etS Al?d LlablltlEs for the YoAr Elided 31 MAreh 2023 2023 2022 h'ote Tangiblc asscls 120,192 122,103 Doblors Cash 8t bank And iii hAI)d 10,536 10,343 10,536 10,343 Credltors: An101$ fftlllng 41ue ivllhlii one year 13,948 17,645 Net eurrent A55et$ 3,412 7,302 Credltors.. Amoun15 fllllng due 8fter one year 76.389 90,356 Nel A5set$ Unre.%lricled funds Reslriclcd funds 40.391 24,445 The Irusle¢g slaleineri13 requircs by S¢clion 475(2) and (3) are shown on Ilie following pa8e iyliich forms pftrl of Ihis BalAn¢¢ Sheet. Thè noles on pages 610 8 form an Integr81 parl of Ihgsé financlal 81atements Pxge 5
Klngdoni Harvest Churcli Ltd Coinpanv Llmlted by guarantee Balance Sheet for the Yeai. Ended 31 Marcl) 2023 .coiiliiiiied For lh¢ yeai. ending 31 Mar¢li 2023, tli¢ coinpaiiy ivas entitled to cx¢mption from aiidit under section 477 of tlie Companies Act 2006 relating to small companies. Directors, Irsponsibilities: ty Tl)e members Iiave not I'equircd tlie conipany to obtain an audit of its finAncial stateiiicnts for Il)e year in qiieslion in accordaiicc iviih section 476, Tlic directors acknowledge Ihcir responsibilities foi. complying ivitEi tbe rcqiiiremenls of the Act with respcct to accoiinling records aiid tlie prepai'alion of finaiicial stalements. These fiiiancial slalements Iiave becn prepai'ed in accordance ivitli the provisions applicabl¢ to companies siibj¢¢t lo tli¢ small compani¢s' regiinc ui)der tlio Coinpanies Act 2006. Tl)c a¢coui)Is ivere approvcd by tlie Trustees on Tren Iirer /C6A,rt Tiuslcc Page 6
Klngdom HHI've5t Chiirch Ltd Conipany Llnilted by guAI'antce Notes to the Flnaiiclal Statenients for the Year Endeil 31 March 2023 l Accountlng Pollcles l. l Bftsls ofpi'eijiiralloii Tli¢s¢ finaiicial slaieinellls havc been prepaied undcr tlie historical cost basis aiid Ihe Tiiistees Iiave givcn diie regard to tlie recoln¢ndaIIOnS conlaiiied iviiliin Ihc Sialeinenl of Recointnendcd Pi'aclice"Accouiilin8 and Reporting by Cliarilies" issued in 2008 and applicable accoiinliiig slaiidards. J.2 Fiiiid ftccoi¢iiiliig Incorning resources thal may be applied for Ilie Charity's 8eDcral piirposes are tr¢atcd as 'uni'esli'i¢ted' incoiiiing resources and al'e credited to tlic 'iiiirestricled fiinds,. Funding for purposes deBignatcd for a specific piiryosc by the Tnistees is ci'¢dited to 'desi8nated fiinds,. Wliei'e a donalioii or grant is requircd lo be iised for a spcci fied piirpose, the amount concerned is Ii'ealed as a 're5ti'ictcd' incoining resoiircc and is crediled to the appropi'iale 'restricted fund, 1,3 Iiicoiiiiiig resoiirces All incoming rcsoiirces are incliidcd in Ilie statemeiit of financial Rclivilies ivhen tlie chai'ily is ¢ntilled lo tlie incoinc aiid tlie amouDI can be qii8nltfied iviih rcasonable accuracy. The following speci fic policics al'e applied to particular categories of iiicome: Doiialed s¢rvices and facilities ar¢ incliidcd al the valiie to thc charity where this Can bc quanlificd. Inveslinciil iiicoine is iiicludcd wlien receivable. Incoming resour¢cs from graiils, where related to perfoiiiiatice and spccific deliverables, are accountcd for as Ihe charity ¢arns Ili¢ right lo Consideration by its perfonnance, 1.4 Baiik liileresl Bal inter¢sl is I'ecognised as an incoming resource when it is credited to thc baDk slalcrncnl. All bank ii)terest is treated as unrestricled incomc lo the General Fiind. 1.5 Resoiiyees E.rpeiiderf Expenditure is recogiiised on ai) accrual basis as a liability is incurred. Expenditur¢ include5 any VAT fliat cannot be fiilly recovered, and is reporled as part of the cxpenditiire to wliicli it r¢lat¢s. Page 7
Klngdoni Harvest Chureli Ltd otes to the FlnanclAI Statements for the Yep4r Ended 31 March 2023 Donatlons fints 2023 2022 Tiiheslofferffings Miscellaneoiis Iiiconic Gift Aid Biiilding Fuiid 76,151 130 4,411 896 47,108 671 8,622 395 dRa ctlvltl 2023 2022 Hall hiritig 145 920 145 920 Inv nt Inco 2023 2022 Tnterest reccived Admlnl ty tlon ex ens 2023 2022 Wages and salfiries Motor Expenscs Trav¢V Subsislonce Tcleplioiie Printin8lSlalionery Conipiilers Legal and profes5ioiial Gei)¢ral exi)cnsgs Miiiistry giftthissions Depreciation 26,541 .158 2.433 662 1,315 1,288 99 285 12,758 1,911 20,615 4,169 1,378 483 299 250 39 128 6,407 tfibllsh nses 2023 2022 Renl aiid rates Insuraiice Light & lieftt Rei)Airs & mainlenan¢c 215 768 825 18.668 156 742 1,441 7,705 vei'n 2023 2022 Bank ¢hftrges Loan tiiterest Accouiituncy fe¢s 132 3,771 500 224 4,644 PaRe 8
langdom Hftrve5t Cliiircli Ltil CoinpRily Llnillod l)y giinl'nnteo Indei)end¢iit li xnllilners Roport foi. Ilie Year Eiid¢d 31 Mai'cli 2023 I rqyorl oil tli¢ tlnaiiclal 8lftl¢incnts of Kiiigdoji) Hntv¢sI Cliiirch Ltd for flic Y¢ni' Ended 31 Mai'cb 202J sel oiil oll pag¢s 110 9. Re5pectlYe respollslbllltle8 of Tru51ee5 iiid Iiidei)endciil oxAmlner Kkngdoiii H&rv¢st Cliiircli Lid Tnis(ees are respo11b1¢ for Ihe prq)ftr4lioiTr of Ihc flDanciAI slftt¢i)ionls iii a¢wrdftnco iYiili1Sie l¢m)s of Ilie CllHriltCs Acl (Nowibcrn li'elwiid) 2008, Kingdom HaTv¢sI Chiirch Lid Triisl¢es ¢oiisi(ler Ilial ali Audit is iiol I'eqiilred iiiidcy seclioii 65(2) (aiidtl) of Ihc Chai'ilies Acl (Noillic¥i) Irclaiid) 2008 for11)e ye&T and Ilillt ali ind¢pond¢nl ¢xaiiiiiiRIioii under s1101) 64(l) of tlie ClINrilics A¢1 (Norllioiw IrelRnd) 2008 Is reqiilrcd. It is iiiy i'csponsibilily to.. ¢xdiiilii¢ tlie a¢¢oiinls lo slnl¢ ivli¢ilicY pHrtl¢iilRr in8ll¢rs Ivlve coine to iny altcnlioii. Basls of liid¢p¢iideiit cxfiinliiei 8 I'cport My exAminiilon iva8 c4rrf¢d ovl uiider Sccliou 65 of Ilio ClIArlii¢s A¢t (Norfhem lioland) 2008, An examinalioii iiicliides 8 revieiv of Ilie &c¢oi?iiliiig recoi'd$ k¢pl by Ihc Cliorily ai)d ¢oii)parison of 11)e fin&i)cial stfileiiicttts Pl¢s¢1)Icd wllli iliosc reeords, 11 also iiiclud¢s nsideralion of aoy iiniisual il¢ins oi. disclosiire8 ID Ilie finallct41 stateinenls, and sc¢king explanHiloiis from Iho Trnslces ¢OD¢¢rtiing lli)y siicl) IKHtters.'fhg prooedvres do nol provide all Ihe evid}c¢ Iliat ivould bo reqiii¥ed in 01) ftiidil, aiid coi)8cqiieully I do iiol oxpress ali avdil opjnion on IIK vithv giy¢n by Ili¢ fiiiaiiGiNI slal¢inent8. Indepeiident OXRmli)er's slAteinent In the coiuv ofmy examinalioi), no mnll¢r lifts ¢om¢ lo my allonlirjn: (l) which gives ine reNsonabl¢ eavse lo beli¢ve Ihat in ally infit¢rial r¢specl the r¢qiiSrunenls' lo keep proper ft¢coiinling rceo16 in accordanoc iyiikn Se¢lioD 6J of the charllies Acl ortliern Ireland) 2008, Rt)d lo prepnre finftncial statneIS ivlilcli llc¢o¥d Ivilli Ili¢ Accouullng recoTds In accordance Ivilli Seclion 64 of the Cliai'711cs Aol (Northoin Ir¢land) 2008 have not br¢n met" or (2) lo wl)icli, In iny 01?inion, all¢lllioii should bc drawn ill ordei. lo eihablo n proper under61aiiding ofiiK fInAlla1 stalnLIS lo b¢ r¢ached. Julie Haiiiilloi) fccA Heron AKoiiiiltinoy Soliillons Cliarl¢r¢d C¢rlified Accouiilaiils 301 City BH51 Busliie5s Cenlre 68172 NeivloiYi)firds RoAd Beifrtsl BT4 IGW DAIe'. PRg¢ 9
Kingdom Harvest Church Belfast Ltd Directors Report for the Year 2022-2023 The Church as a whole is HUGELY instrumental in upholding and promoting a moral compass for society and is a defender of right behaviour, which includes honouring parents, teachers, policing and civic authority. We at Kingdom Harvest have honoured and prayed for govemment and the decision-makers in N Ireland and the United Kingdom on a regular basis. We are a Light as we reflect Christ's Light to those around us. By our influence as the Church and teaching Biblically sound standards of morality, spirttual principles for life and overcoming challenges, as well as how to have rich and meaningful relationships with our Creator God and others, we are combatting things like family breakdown, the shocking rise in alcohol andl or drug abuse, sexual crime, disrespect for parents. teachers and anyone else in authority. Honestly. 'Public good" comes EASY for the Church! For our Public Good of Promoting Religion we have held regular services on Sundays. These include lively worship with a full band and talented singers and instrumentalists. The Bible teaching is rich and diverse and helps everyone to know how loved, valued and accepted they are in Christ Jesus through His atoning sacrifice and the cross. We pray for one another publicly and show support for each other and every need. We explore the unsearchable riches of God's Word defining the boundless benefits of knowing Christ as our Saviour and being a member of the Family of God. We seek to make sure everyone is listened to, every need addressed, every soul is enriched and empowered to face the challenges of each new day God sends! During the week we have numerous Home Life Groups. This provides a more intimate setting to re1ve teaching from God's Word, a time of discussion, personal prayer and it helps to foster genuine relationships with others. It's also an excellent venue for those who are new to the faith to acclimatise, build new relationships and ask questions. We have special events for children for Easter, a Back to School Paty, a Glow Paty {at the time of Halloween) and special Christmas events. We have a weekly"Kids' Blast!. service on Sundays with a dedicated curriculum and activities to help children understand the wonder of God and the wonder of who they are. being created by God. They're taught that they have gifts and talents and a destiny that God will help them fulfil. They learn timeless truths about of God's love, forgiveness, fruit bearing (character development). right relab'onships and leadership principles. They also have FUN! We have serwces and teaching that is accessible on our website, Facebook and Youtube. We now also offer access to the Global Church Divinity School for Church members and those attending our GCN conferences. (We have 2 this year, with international speakers live via ZOOM and present with us). The GC Divinity School has over 220 courses online developed by great Christian leaders across the world. It's fabulous! For our Educats"onally focussed Public Benefit, I site the above mentioned Global Church Divinity School. We are continuing to publicise this across N Ireland and internationally. Obviously it's acssible form any place on earth with an internet connection and we have the Global Membership which allows us to sow the GCDS to 50 different locations anywhere on earth. We have offered it to leaders in Pakistan and Uganda. We also continue to publicise the option for parents to Homeschool their children through the ACE (Accelerated Christian Education ) curriculum. We had the European Director speak at our 1 st GCN conference at the beginning of the year. We endeavour to place a love for leaming in
all the children who come to Kingdom Harvest. Proverbs 24 says 'Through wisdom a house is built, through understanding it is established and by knowledge all the chambers thereof are filled with precious and pleasant things!" For relief of povety we teach the principles of Biblical Finance every Sunday service. We offer continual counselling services to help individuals and families overcome personal financial challenges. We support job hLJnting and work placement through the many relationships we have in the community. No one needs to stay unemployed at Kingdom Harvest. We trust God to open doors, create opportunities. grant favour and to transform lives. We see it happening! Our Missions support is growing and wide-ranging. We partner with other organisations like Overland Missions and the Global Church Network to help bring the Gospel to the ends of the earth. Overland Missions works in places like Zambia, Cambodia, Laos, Myanmar, Morocco, Vietnam and Brazil. They reach farther to find tribes and people groups that haven't been reached. We also partnered with the GCN to support the building of the Mount Everest Training Centre in Nepal. Their goal is to train thousands of Church planters to reach the 10,000 unreached villages in the Himalayan mountains. We have also supported reaching children with the gospel in Pakistan by distributing 1000 Christian children's books. This is a taste of what we do. There is no greater joy than serving Christ and the community, helping them connect to endless hope, boundless love and the unsearchable resources available to all who will choose to follow Christ. Regards, Pst Brian Ashworth Directorl Pastor Kingdom Harvest Church Belfast Ltd 10 Beechfield Avenue Bangor, Co Down BT19 7ZY