Company registration number. N1645354
Charity regi5tt7tion number: 107975
New Ground Ireland Limited
(A company limited by guarantee)
Annual Report and Fitwkcial Statements
for the Year Ended 30 April 2023
Thomas Oliver and Associates Limited
Certified Public Accountant
l Moygashel Mills Park
Dunganno
Co Tyron¢
BT717DH

New Ground Ireland Limited
Contents
Reference and Administrative Details
Trustees, lieport
2to3
Independent Examin&s Report
Ststement of Financial Activities
Balau¢e Sheet
Notes to the Financial Statenlents
7t0 12

New Ground Ireland Limited
Reference and Administrative Details
Charity RegistratioD Number
107975
Company Registration Number
N1645354
The charity is incoryordt¢d ID Nortbern Irelan(L
6 The Meadows
Registered Office
Portadown
BT62 IAJ
Accountants
Thom&8 Oliver and Associates Limited
Certified Public Accountant
I MDygLsbel Mills Park
Dungannon
Co TJTone
BT717DH
Page I

New Ground Ireland Limited
Trustees, Report
The trustees, who are directors for the purposes of company law, present the atfftual report together with the
fmancial statements of the charitable company for the year ended 30 April 2023.
Objectives and aetivities
Public benefil
The principal activities remain those of fund raising for religious and charitable purposes and focused on four
key areas of Ministy:
Disciple Maknng
The primary ministy of New Ground Irelalld is to make disciples of Jesus who will also become disciple
makers.
Journeying one-on-one with people and training them to l¢ad discovery groups where some key contacts live.
Training
We have established strong friendships with partners in South Africa and USA. A key elen]¢nt of this was
training trip to Durban, South Africa in August 2022. It's been great to glean training methods from them ond
begin to introduce them in treland. As many of our contacts are spread actoss treland. it h&s been helpful to
introduce a hybrid forn] of training during this period. As we meet in person with a team in one regio￿ we have
others join via zoom from multiple locations. As topics are dis¢ussel online and in person discussions can be
hel¢ feedback is then given to the whole group.
Another aspect of our training dwing this period has been helping various local churches to place disciple
making at the heart of their ministy.
Pioneering Outreach Ministy
Our Trnrious pioneertng initiatives have continued during this perio& including in Co Donegal and Co Longfor(L
Also to enable our pioneering work to grow in reach and consistency, we have begL￿ to explor¢ establishing a
base in Northern Ireland. To have a training base and ministy hub would be extren]ely beneficial to the wider
work in a number of ways.
Fund Raising
During this pcriod we have been building r¢latiOn5hips with tndividuals,, Clwitable Trusts. churches and some
businesses who have a desire to help finance our ministy.
We have found this very challenging iknring this period.
Tru5tee5 and officers
The trustees and officers serving during the year and since the year end were &s follows:
TTUStees:
Mrs Karen Oliver
Mr Andrew Murdock
Mr David Legge
Page 2

New Ground Ireland Limited
Trustees, Report
Structur4 governance and management
Organuational structhre
The rE￿itable company is a company limited by guardntee, not having sllare capital.
The charitable company was estsblished under a Memorandum of Association which established the objects and
powers of the clwltsble company and is governed under its Articles of Association.
ststemellt oftrustees, responsibiIiti
The truste¢s (wbo are also the directors of New Ground Ireland Limited for the PUTposes of company law) are
responsible for preparing the tn￿tees, report and the financial statemetkts in accordance with appltcable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including
FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of ]reland"
Company law requires the trustees to prepate financial statetnents for each fjnancial year. Under company law
the trustees must not approve the financial statements unless they ate satisfied that they give a trne and fair view
of the state of affairs of the charitable company and of tbe illcojning resources and application of resources,
including its income and expenditure, of the charitable company for that period. In preparing these flllancial
ststements, the t￿￿teeS are required to:
select suitable accounting policies and apply theni consistently>
observe the methods alld principles in the Charities SORP.
make judgements and estimates that are reasonable alld prndent:
state whether applicable accounting standards, cotllprising FRS 102 hav¢ been followe￿ subject to any
material departures disclosed and explained in the flliancial stst¢ments' and
pr¢par¢ the financial statements on the going concern basis unless it is inappropriate to presume that the
charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at
any time the financial position of the charitsble company and enable them to eDSUTe that the financial statements
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of thc cllaritable
company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and f￿anCIal inforniatioll
included on the charitable comPan￿S website. Legislation governing the Preparation and dissemination of
fU￿]cIal statements may differ from legislation in other jurisdictions.
The annual report was approved by the tn￿tse5 of the charity on 24 January 2024 and siglled on its be]￿lf by:
Mrs Karen Oliv¢r
Trustee
Page 3

New Ground Ireland Limited
Independent Examiner's Report to the trustees of New Ground Ire12Dd Limited ('the
Company,)
I report to the chaTity trustees on my examinatioll of the accounts of tbe Company for the year ended 30 April
2023.
Respective respoThsibilities of tTh￿teeS and examiner
As tbe charity's trustees of New Ground Ireland Litllited (and also its directors for the Purposes of company
law) you are responsible for the preparation of the accounts in accordance with the requirements of the Charities
Act (Northern Ireland) 2008.
Having satisfied myself that the accounts of New Ground Ireland Limtted are not requir¢d to be audited under
section 65 of Clwities Act (Northern) Ireland 2008 and that an independent exatnination is needed. It is my
responslbility to:.
- examine the accounts under section 65 of the Charities Act
- to follow the procedwes laid down in the general Directions given by the Charity Conunissioll for Northern
Ireland under section 65 (9)(b) of the Charities Act
- to state whether particular matters have come to my attention
Basis of IndepeDdent Eiaminers, Report
I have examined your charity accounts as required under section 65 of the Charities Act and my examination
was Ca￿led out ill accordance with tbe generdl Directions given by the Charity Con]mission for Northern Ireland
under section 65(9)(b) of the ch￿ltieS Act.
An exatnination included a review of the accounting records kept by the charity and a eompaTison of the
accounts presented with those records. It also included consideration of any unusual items or disclosures in the
accounts, and seeking expalnations from the trustees concerning ally such matters.. I confirm that no ll￿tters
have come to my atteDtion in connection with the examination giving me cause to believe:
l. That accounting records were not kept in respect of New Ground Ireland Limited &8 required by section 63
of the Charitie5 Act" or
2. That the accounts do not accord with those ￿0rd8' or
3. That tbe accoullts do not comply with the accounting requirements of the Charities Act.
4. That there is fjjrther inforn]ation needed for a propeT und¢rstsnding of the accounts tobe reached.
Independent Examiner's Statement
I have completed my examination and have no concerns in respect of the matter (l) to (4) listed above and in
connections with the following directions of the Charity Commission for Northern trelanl I have found no
matters that require drawing to your attention
Thomas Ol.
50ciates Limited
ed Public Accountants
24 January 2024
Page 4

New Ground Ireland Limited
Statement of Financial Activities for the Year Ended 30 April 2023
(Including Income and Expenditure Account and StateD]ent of Total Recognised Gains
and Losses)
Unrestricted
rund$
Total
2023
Note
Income and Endowments from:
Donations and legacies
23,053
23,053
Total incom¢
23,053
23,053
Expenditure OD:
Raising funds
Charitable activities
Other expenditure
(11,486)
(464)
{2.925)
(11,486)
(464)
(2.925)
Total expenditure
(14,875)
14,875)
Net income
8,178
8,178
Net movement ill funds
8,178
8.178
Reconciliation of funds
Total funds brought forward
3,150
3.150
Totsl funds carried forward
15
11,328
Unrestricted
funds
11,328
Totsl
2022
Note
Income and Endowments from:
Donations and legacie5
4,183
4,183
Total income
4,183
4,183
Expenditure OD:
Charitable activities
Other expenditure
(165)
(2.100)
(165)
(2,100)
Total expenditure
(2265)
(2,265)
Net income
1,918
1,918
Net movement in fiwds
1.918
1.918
Reconeiliation or runds
Total funds brought forward
1.232
1232
Total fijnds ca￿led forward
15
3.150
3.150
All of the charity's actkvities derive from continuing operations during the above two periods.
The fund5 breakdown for 2022 is shown in nots 15.
The notes on page5 7 to 12 forni an integrdl part of these fmancial statements.
Page 5

New Ground Ireland Limited
(Registration number: N1645354)
Balance Sheet as at 30 April 2023
2023
2022
Note
Fixed assets
Tangible a55ets
12
6,204
993
Current assets
Cash at bank and in hand
13
5,454
2.488
Creditors: Amounts falling due within one year
14
(330)
(331)
Net current assets
5,124
2,157
Net assets
11.328
3,150
Funds of the charity:
Unrestricted income funds
UDre5tricted funds
11,328
3.150
Totsl funds
15
11,328
3,150
For the financial year ending 30 April 2023 the charity was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
Director5, responsibilities:
The members have not required the clwity to obtain an audit of its accounts for the year in question in
accordance with seGtion 476- and
The directors acknowledge their re5pon5ibilities for complying with the requirem¢Dts of the Act wlth respect
to ￿coUnting records and the preparation of accounts.
The financial statements on pages 5 to 12 were approved by the trust¢es. and authorised for issue on 24 January
2024 and signed on their behalf by:
Mrs Karen Oliver
Truste¢
The notes on pages 7 to 12 forni an inte￿￿ part of these f]nancial statements.
Page 6

New Ground Ireland Limited
Notes to the Financial Statements for the Year Ended 30 April 2023
I Charity ststus
The Charity is limited by guarantee. incorpordted ill Nortbern Irelall￿ and consequentty does not have share
capital. Each of the trustees is liable to contribute an amount not exceeding £Nil toward5 the assets of th¢ charity
in the event of liquidation.
The address of its registered office is:
6 The Meadows
Ajjnaghmore
Portadown
BT62 IAJ
These fmancial ststements were authorised for issue by the trustees on 24 January 2024.
2 Accounting policies
Summary of significant accounting policies and key aeeoullting estimates
The principal accounting policies applied ij) the preparntion of these financial statements are set out below.
These policies have been consist¢lltly applied to all tbe ye￿5 presentel unless otherwise stated.
Statement of compliance
The finao¢ial statements have been prepared in accordance with Accounting and Reporting by Charities:
ststement of Recommended Prnctice (applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (i55ued in October 2019)
- (Charities SORP (FRS 102)), the Financial Reporting Standard applicable iti the UK and Republic of Ireland
(FRS 102) and the Companies Act 2006.
Basis of preparation
New Ground Ireland Limited meets the definition of a public benefit entity under FRS 102. Assets and liabiIities
are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting
policy notcs.
Going coDcern
The trustees consider that there are no material uncertainties about the ¢lwitys ability to continue as a going
concern uor any slgnificant areas of uncetsillty that affect the carying value of assets held by the charity.
Income and eDdoYanents
All inconle is recognised once the chaTity has entitlement to the income, it is probable that the incomc will be
received and the amount of the income receivable can be measured reliably.
Donations and legaci
Donations are recognised when the clLarÉty has been notified in WTiting of both the amount and settlement date.
In the event that a donation is subject to conditiolls that requi￿ a level of perfoTDwre by the charity before the
Clwity is entitled to the FL￿ds. the income is deferred and not recognised until either those conditions are fillty
meL or the flknent of those conditions is wholly within the control of the charity and it is probable that these
conditions will be fi￿filled in the reporting period.
Page 7

New Ground Ireland Limited
Notes to the Financial Statements for the Year Ended 30 April 2023
Inves¢ment Income
Dividends are recognised once the dividend has been declared and notification h&s been received of the dividend
due.
Expenditure
All experAditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable
settlement is required and the amount can be measured Teliably. All costs are allocated to the applicable
expenditure heading that aggregate similar Costs to that category. Where costs caDnot be dirertly attributed to
particular headings tbey have been allocated on a basis consist¢nt with the use of resources, with central staff
costs allocated on tbe basis of time spenL and depreciation charges allocated on the portion of the asset's use.
Other support costs are allocated based on the spread of staff costs.
Raifin¥funds
These are costs incurred in attracting voluntary income. the management of investments and those ]llcu￿d in
trnding activities that rdise fun(Ls.
Governance ¢05ts
These include the costs attributable to the clwity's compliance with constitutiotml alld sta￿tOry requirements,
including audit, strategic n￿l8gement and tn￿tee$ meetings and reinibursed expenses.
Taxation
Th¢ charity is considered to pass the tests set out iD Parngraph I Schedule 6 of the Finance Act 2010 and
therefore it meets the definition of a charitsble company for UK COTporation tsx puryoses. Accordingly, the
charity is potentialty exempt from taxation in respect of income or capital gains received within categories
covered by Chapter 3 Part I l of the Corpordtion Tax Act 2010 or Section 256 of the Taxation of Chargeable
Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible rued assets
Individual fixed a55ets costing £250.00 or more are initially recorded at ¢os¢ less any subsequent accumulated
depreciation and sub5e(went accumulated impairment losses.
Depreciation aDd amortisation
Depreciation 15 provided on tangible ftxed assets so as to write off th¢ cost or Valuatio￿ less auy estimated
residual value, over their ¢xpectsd useful economic life &8 follows..
Cash and cash equivalents
Cash and Cash equivalents comprise cash on band alld call deposits, and other short-terni highly liquid
investments that are readily convertible to a known amount of c&8h and are Subject to an insignificant risk of
challge in vaIue.
Page 8

New Ground Ireland Limited
Notes to the Financial Statements for the Year Ended 30 April 2023
Borrowings
Interest-bearing botrowings are initially recorded at fair value. net of traDsaction costs. tnterest-bearing
borrowings are subsequently Carried at amortised cos¢ with the difference between the proceeds, net of
transaction costs, alld the atnount due on redemption being recogllised as a cha￿e to the Statement of Financial
Activities over the period of the relevant bo￿owing.
Interest expense is recogThised on the basis of the effective interest method and is included in interest payable
and similar charges.
Borrowings are classified as current liabilities unless the charity has an wiconditional right to defer settlement of
the liability for at least twelve months after the reporting date.
Fund structure
Unrestricted income fi]nds are general fund8 that are available for use at the trustees discretion in furtherdnce of
the objectives of the cEwity.
3 Income from donations and legacies
Unrestricted
funds
General
Total
fund5
Donations and legacies.
Donations from individuals/charitabl¢ trusts
23,053
23,053
Total for 2023
23,053
23,053
Total for 2022
4,183
4.183
4 Investment Rneome
Total
funds
Total for 2023
5 Expenditure on raising funds
a) Costs of generating donations and legacies
Unre5tricÉed
funds
Genernl
Total
funds
Note
Other direct costs of generating voluntary income
11,486
11.486
Totsl for 2023
11,486
11,486
Pag¢ 9

New Ground Ireland Limited
Notes to the Financial Statements for the Year Ended 30 April 2023
Total
costs
6 Expenditure on charitable activities
Unrestricted
rullds
General
Total
funds
Note
Gov¢rn3nce costs
464
464
Total for 2022
165
165
Total
expenditure
In addition to the expenditure analysed above, there are also governance costs of £464 (2022 - £165) which
relate directly to clwitsble activities. See nots 8 for furth¢r details.
7 Other expenditure
Unrestricted
funds
General
Total
funds
Note
Depreciatio￿ amortisation and other similar costs
Other resources expended
2,084
2,084
Totsl for 2023
2,925
2,925
Total for 2022
2,100
2,100
8 Analysis of governanee and support costs
Governance costs
Unrestricted
funds
General
Total
funds
Independent examiner fees
Examination of tbe financial ststsments
Otber governance costs
420
44
420
Totsl for 2023
464
464
Totsl for 2022
165
165
Page 10

Neiv Ground Ireland Limited
Notes to the Financial Statements for the Year Ended 30 April 2023
9 Trustees remuneration and expenses
No trustees, nor any persons connected with the￿ have received any r¢muDeration from the charity during the
year.
10 IndepeDdent examiner'5 remuneration
2023
2022
EX￿￿l￿atIon of the financial statements
420
120
11 Taxation
The charity is a registered charity and is therefore ¢xeTnPt from taxation.
12 Tangible r]xed assets
Furniture and
equipment
Total
Cost
At l May 2022
Additions
1,413
6,052
1,413
6,052
At 30 April 2023
7,465
7.465
Depreciatio
At l May 2022
Charge for the year
420
420
841
At 30 April 2023
1,261
1.261
Net book value
At 30 AprÉl 2023
6.204
6.204
At 30 ApTiI 2022
993
993
13 Cash and eash equftvalents
2023
2022
Cash at bank
5,454
2.488
Pagell

New Ground Ireland Limited
Notes to tbe Financial Statements for the Year Ended 30 April 2023
14 Creditors: amounts falling due within one year
2023
2022
Trade creditors
ACcn￿lS
330
330
330
331
15 Funds
B8lallce at I
May 2022
Incoming
resources
Rosources
expended
Balance at 30
April 2023
Unrestricted funds
General
3,150
23,053
(14,875
11,328
Balance at I
May 2021
Incoming
resources
Resources
expended
Balance at 30
April 2022
Unrestrieted funds
General
1.232
4.183
(2265)
3,150
16 Analysis of net assets between funds
17 Analysi5 of net funds
Flnancing easb
flows
At 30 April
2023
At l May 2022
Cash at bank and in hand
2,488
2,966
5,454
Net debt
2,488
2.966
Financing cash
flows
5.454
At 30 April
2022
At l May 2021
Cash at ballk alld in hand
976
1,512
2,488
Net debt
976
1,512
2,488
18 Related party transactions
There were no related paty transactions in the year.
Page 12