Company r¢gistration number.. N1649755
Charity registration number." 108029
Drop Inn Ministries Limited
IA company limited by guaranleel
Annual Report and Financial Statemenis
for the Year Ended 30 September 2023
David Lyttle & Co Ltd
Station House
46 Molesworth Street
Cooksiown
Co Tyrone
BT80 8PA

Drop Inn Ministries Limited
Contents
Reference and Administrative Details
TTUSte¢s' Report
2104
Ind¢p¢ndent Auditor5, Report
5t07
Statement of Financial Activities
Balonce Sh¢ei
Sial¢ment of Cash Flows
10
Notes lo the Finan¢ial Statements
11 to21

Drop Inn Ministries Limited
Reference and Administrative Details
S¢¢r¢t•ry
Mr Thomas Stewart
Ch*rlty R¢glstr#tlon Number
108029
Compgny Registratlon Number
N1649755
The ¢harity is incorporated in Northern Ireland.
123 K¢gdy Road
Amiagh
Co Amiagh
BT60 3AD
R¢gl8tered Offlce
Auditor
David Lyttle & Co Ltd
Si8tion Hous¢
46 Mol¢swonh Street
Cookslown
Co TyTone
B T80 8PA
Pa8¢ 1

Drop Inn MRnistries Limited
Trustees, Report
The trustee5, who are directors for the PUTposes of company law, preseni the onnual repoff together the financial stai¢m¢nts
gnd auditors, r¢port of th¢ charitabl¢ company for the year ended 30 S¢pt¢mb¢r 2023.
ObJe¢tlv¢$ Ind 4¢tlvlti¢$
Objects and olms
The company's objects ar¢..
To advance the Christian r¢ligion for ihe ben¢fit of the public in the area ofbenefit
Asso¢iaiing ¢oge(h¢r the said inhabit8J]ts and the local authorili¢s voluniary and other organisations in the Hrea of benefit in a
¢ommon ¢ffort t(F r¢li¢¥¢ poverty and advoJ)ce education and lo provide fp¢ilit1¢5 in the interests of welfare with the object of
improving the conditions of life for the said inhabilanls
Publlc benefll
The prin¢ipal a¢¢iviies of the charity are to equip and mobilis¢ peopl¢ for mis8ion and to bring hope. help and he91in8 to the
huning world through the operation of various humanitarian projecis. The projec15 are financed ihrou8h surplus finds generated
by th¢ op¢ra(ion ofnuinerous cl)arity shops. vorious donaiions, sponsorship and fundraising activities.
The trustees confim) ihal chey have Complied with the r¢quir¢m¢nts of seciion 17 of the Charities Act 201 I to have due ie8ard to
the publi¢ benefii guidance published by the Charity Commission for England and Wa]e5.
TTUStee5 and offle¢r$
The trysi¢es and officers serving during the Ye￿ gnd since the year end were as follows..
Trus¢ees'.
Mr Neville G8rtland
Mr Ronaid Dawson
Mr Th(>mas Stewart
Mr Micha¢l Rollo
Secretary..
Mr Thomas Stewart
Strutlure* governance m•n*gemenl
IY4fyre ofxovernlng documeni
The Lharity is regisi¢r¢d with the Charities Commission for Norther Ireland IRe8lSt¢r¢d Number 1016941. The eompany is
controlled by its tru5tee5 who are directors of th¢ company for the purposes of the Companies Act 2006 and its 8ov¢rned by the
provisions contained in the Memorandum and Articles of Association,
All trustees are members and direc(ors of the Charitable Comp8ny and stand as guarantors of th¢ ¢horilabl¢ Company in the sum
of £ 10 each.
HeAdqu4rteTr BAllyards Caitle
B￿]YardS C&8tle is the h¢ad office of all Drop Inn Proj¢ct$.
The facilities at Bailyards allows the charity to host prayer events, retr¢ats. Christiaj) conferences and vi51ts from missions team
and proje¢1 partners from various nations. During the time period of this financial year w¢ b¢gan to see the usag¢ of Castle
continu¢d to develop, following on 8 lull after the COVID period.
Pag¢ 2

Drop Inn Ministries Limited
Trustees, Report
Finu￿¢¢$
During this finan¢ial y¢ar we have saw a steady. and ai lim¢ strong financia] performan¢¢ in our charity shops. with the
development ol'some new siores. including outlet stores that 5¢11 off stock at reduced cost.
With a steady. and ot times 8rowing income base we have be 8bl¢ io maintain and grow our support io lo¢ally &$ we51 as
intemationally in 30 different nations &% well &$ lo continue ￿1th capital acquisiiion to aid ihe long-terni Stability of our income
base.
The chariry end¢avouTS to k¢¢p a prud¢ni amount in reserve foT cash flow PUTPQS¢S bui most funds are spent in the short term.
Inttrnallonil Mlsslons
During the year. members of the board and senior leadership team we have been gble lo visit intemationaj partners. Teview
project work and provide in¢r¢ased leadership suppon to project5. These visils are a greai source of engagement5 to our
international partner5. Short-leTm mission experi¢nces often lead to increosed prayer 5UPPOrt for Drop Inn w¢ll 8s on incre&8e
in Child Sponsorships and giving to the various projects people visii.
A continued aspect of intemational support rhis ye￿, been increosed support ¢0 project partners in Ukrain¢, h¢lpin8 them
address the humanitarian cri51s that has raken pla¢¢ ￿ a result of the war.
Lo¢al Mlsslonj
Local Outreach Ministries- Our tearn continue. ￿ appropriate, to V151t local people in need and offer pracli¢al support This helps
io ¢onneci disenfranchised peoplc with other OT8anizaiions such ￿ foodbonks, social workers etc. Thi5 seTves lo provide a s¢ryice
to brin8 1inm¢diale need as well as continuation of5UPPtsrt to facilitate posiiive oui¢om¢s within our local community. In addition
we have been abl¢ to partner wilh the Southern Trust lo offeT SUPPOrt to una¢¢ompanied minors arrivinB in Northern Ireland from
nations were their liv¥s would hav¢ b¢¢n ai risk.
Drop Inn partners with GTace Community Church in Richhill, lo operate a youth ouir¢ach in 'The Living Room, as well as a
Drop Inn Centr¢ for youth on W¢dn¢$day nights. Different staff and volunleers offer o saf¢ place for locd youth lo ￿nn¢¢I lo
positive resource5 and mentors.
Three olour main fo¢uses I0¢￿1Y ¢on$i$t of.. Aspire Nt, MadluB, and Hope Mission.
Statement of trustees, re$pon$ibiliti¢$
Th¢ trusl¢c5 (who ar¢ ￿${) the directors of Drop Inn Ministrie5 Limited for the purposes of company lawl are responsible for
pr¢parin8 the Irusiees, report and the finfinciai statements in accordance wilh applicable law and United Kingdom A¢¢ountirt8
Standards (United Kingdom Generally Accepted Accounting Practice). including FRS 102 Th¢ Financial R¢portin8 Standard
applicable in the UK and R¢publir of Ireland
Company law r¢quir¢s the trusl¢¢s lo prepare financial statements for each finoncial year. Under company law the trustees must
not approve the financial statements unl¢ss th¢y ar¢ sat15fi¢d that tl)¢y giv¢ a true and fair view of the state of affairs of the
¢haritAbl¢ ¢ompany and of the incoming resources and application of resources, including its income and expenditurc. of the
charitable company for that period. In preparing thes¢ financial slalemenis, the trnstees ore required to..
select suitable accounting policie5 and apply thern con515tcntly:
observe the method5 and princip1¢5 in the Charities SORP:
mak¢ judg¢m¢nts and ¢stimat¢5 that ar¢ r¢asonabl¢ and prud¢nt'
state whether applicable accounting standards, comprising FRS 102 have been followe(L subject to any material dep8rtures
disc105ed and explained in the financial stat¢m¢nts; and
prepare the financial statements on the going toncern basis unless it is inappropriate to pr¢sume thai Ihe Charitable company
11 ¢ontinu¢ in business.
Page 3

Drop Inn Ministries Limited
Trustees, Report
state whether applicable accounting standard5, comprising FRS 102 have been followed, Subject to any
material departures disc105ed and explained in the financial statements. and
prepare the fmancial statements on the going concern b&8is unless it is inappropriate to presume that the
charitable company will continue in busine53.
The trustees are responsible for keeping proper accounting records that can di￿105¢ with reasonable accuracy at
ny time the financial position of the charitable wmpany and enable them to ensure that the financial Statements
comply with the Companies Act 2006and Charities Act (Northern Jreland) 2008. They are also responsible for
safeguarding the 3S5ets of the charitsble wmpany and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
The trustees ar¢ r¢sponsible for the maintenance and integrity of the corporate and financial inforn]alion
included on the charitable company's website. Legislation governing the preparation and dissemination of
financia] statements may differ from legislation in other jurisdictions.
Dlsclosure of Informatlon lo *udltor
Each trustee has taken step5 that they ought to have taken a5 a trustee in order to make themselves aware of any
relevant audit infomation and to eyt8bli$h that the ¢h8rity'5 audilor is &war¢ of that infonnution. The trustee5
confirni that there is no relevant infom)ation that they know of and of which they know the auditor is unaware.
The annual report was approved by the trustees of the charity on 17 July 2024 and signed on its behalf by:
Mr Ronald Dawson
Trustee
Page 4

Drop Inn Ministries Limited
Independent Auditor's Report to the Members of Drop Inn Ministries Limited
Opinlon
W¢ have audi(ed the fiiian¢iai statements of Drop Inn Ministri¢s Limited Ithe 'charity'l for the year ended 30 September 2023,
which comprise the Stalcm¢ni of Financial Activities. Ba]an¢¢ Sheet, Statement of Cash Flows. and Notes to the Financial
Statemen15, in¢luding a summary of significani a¢¢ounting policies. The financial r¢porting framework that be¢n applied in
their preparation is United Kingdom Accounting Siandards, comprising Charities SORP - FRS 102 'The Financial Reporting
Standard appSi¢#bl¢ in (he UK and Republic of Ireland, and applicable law (United Kingdom Generally Accepted Accounting
Practice).
In our opinion the financial s(aiements'.
give a tnje and fair view of th¢ sia¢¢ of the charity's affairs as ai 30 September 2023 and of ils incoming Tesources and
application of r¢sources. including its incom¢ and ¢xpendi(ure, for the year th¢0 ¢nd¢d.
hav¢ been properly prepared in accoTdanc¢ Kqrh Unil¢d Kingdom Oen¢Tally Accepted Accounting Practice: and
have been prepgred in accoTdance with (he requirements of the Compani¢s Act 2006.
Basls for oplnion
We conducted our audit in accordance with International Standurds on Auditing IUKI IISAS IUKI} and applicable law. Our
responsibilities under rhose slgndords are further described in the auditor r¢sponsibilities for Ihe audit of th¢ finan¢ial statements
s¢¢tion of our Teport. We are independent of th¢ charity in accordance wilh (he ¢ilii¢al Tequirernents that are relevani to our audit
of the finan¢i81 staiements in the UK. includin8 th¢ FRC'S Ethical Standard. and we have fulfilled our other ¢ihi¢oi
r¢spon5ibilities in accordance with these requiTem¢nts. W¢ believe that the audit evidence we hav¢ obtained is sufficient and
appropriate to provide a b&sis for our opinion.
Con¢luslons relatln¥ lo golng ¢on¢ern
In audiling the financial sia¢¢menis, we hav¢ concluded that the trustees use of the going ¢onc¢m b￿lS of accouniing in ihe
pr¢paralion of the financial s(aleTnenis is appropria¢¢.
Based on the work we have p¢rfomi¢d, w¢ have noi identified any ma¢eri&l uncertainiies relgling lo events or condition5 that.
individuallv or collectively, mav ¢as¢ significant doubl on the charity's ability to continu¢ a Boing concem for a period ofAt
l¢ast twelve months from when the origin0] fin￿¢1￿7 siaiemenls were authori5ed for issu¢.
Our responsibilities and the responsibilities of the trnstees with re5pec¢ to going ron¢em or¢ d¢scribed in the relevant sections of
this report.
Other Inform4tlo
The trustees are Te5pon5ibl¢ for (h¢ other inforniation. The other infomiation compris¢s the inforniaiion included in ihe annual
report, other than the financial 5tat¢ments and our auditor's report ihereon. Our opinion on the financial 5tatem¢nts does not ¢over
(he other infomiation and, except to the extent oth¢rwi$¢ expli¢itly stated in our report, we do not expre55 any fom of assuran¢e
onclusion theT¢On.
In connection with our audit of the financial statements, our responsibility is to read the other infornialion gnd. in doing so.
¢onsider wheiher the other information is materially inconsisl¢nt with the financial statement5 or our knowl¢dg¢ ob¢ain¢d in the
audit or othenvise appears to be materially misstated. If we id¢niify such material inconsistencies or apparent material
misstat¢m¢nts, W¢ ar¢ required to deterniine whether there is a Tnat¢rial Jni5Stat¢zn¢ni in th¢ financial statements or a materia]
misstatement of the otheT inforniation. If, b&%¢d on the work we have perlornied. we conclude thal there is a mat¢rio1
misstatemeni of this other inforniation. we aTe required to r¢port that faci.
We have nothing to report in this regard.
Page 5

Drop Inn Ministries Limited
Independent Auditor's Report to the Members of Drop Inn Ministries Llmited
Oplnlon on othtT matter pr¢s¢rlbed by the Comp#nles A¢t 2006
In our opinion. based on the work undertak¢n in the course of the audit..
the inforniation given in the Trustees, Report for the fingncial year for which the fingncia] statements are pr¢p8r¢d is
¢onsistent with the f5nan¢ial sialements: and
the Trustee5' Report has been prepared in accordance with applicable legal requiremenrs.
I¥IAtlers on whlch wt are Tequired lo r¢port by exceptlon
In the light ofour knowledg¢ and understanding of thc Charit} and lis ¢nvironment obtain¢d in rhe course of the audit. we have
noi id¢niified material misstat¢m¢nis in the Tjusiees, Report.
We have nothing to report in respect of the following matters wh¢re the Companies Act 2006 requires us to report to you if, in
our opinion,,
ad¢quate accounting records have not been kept, or retums adequate for our oudit have not been received from blanche5 not
visited by us; or
the financial stal¢ments are not in agrecment with the accounting records and returns; or
cenoin disclosuTes of trnslees r¢mun¢raiion specified by law are not mad¢. or
we hove nol received all th¢ Information ond explanations we require lor our audit.
Re$pon91bllllle8 of Iru51ees
As explained rnore fvlly in th¢ Staternent oftrustees, responsibiliri¢s Is¢t out on page 3 and 41, the trustees are r¢sponsible for (he
preparation of the financial s¢ai¢menis and lor being sat15fied that Ihey 8lV¢ a true ond lair view. and for su¢h ini¢m81 control as
the trus(e¢s d¢lemiine is necessary to enable the preparaiion of financi￿ statemen15 thai are fr¢¢ from material misstatement,
whether due to fraud or ¢rror.
In preparing the finan¢ial siat¢ments, the trusiees are Tesponsible for ass¢ssin8 the charity's ability to conlinue ￿ a going concern,
disclosing. as applicable, matt¢rs r¢lated to going concern and using the going concern basis of accouniing unless th¢ irusiees
either int¢nd to liquidate the charity or lo C¢￿¢ op¢ralions. or have no realistic aliernaiive but lo do so.
Audltor r¢8ponilbllltles for the audll of the flnAnclAI slAtemtnts
Our objective5 are to obtain r¢asonabl¢ ossurance about whetheT th¢ finan¢ial $t8iementS &8 a whole are free from mat¢ria]
misstatement, whether due to fraud or ¢rror, and lo issue an auditor's report that in¢ludes our opinion. Re￿onable a55uran¢e is a
hi8h level of assurance, but is not a guarant¢¢ that an audit conducted in accordance with ISA5 (UK) will always detect a materi
misstatem¢nl when il exists. Mi5Statements ¢an arise from fraud or error and are considered matcriai if, individually or in the
aggr¢ga(¢. they rould rewonably be expected lo influence the eronomi¢ de¢isions of users taken on the basis of these financial
5tatem¢nts.
Th¢ ¢xl¢nt to which our procedures are capable of d¢i¢¢iing irre8ulariiies. including fraud is d¢tail¢d b¢low',
B¢¢ause of the inherent limitations of an audit, ther¢ is a risk that we will not detect all iTTegularities, in¢ludin8 those leading to
Materi￿ mi55tatemcnt in th¢ financial statements OT non-complian¢¢ with r¢8ulation. This risk increases the mor¢ that
compliance with a law. OT r¢gulbtion is removed from the events and transactions r¢fle¢ted in the tinancial statements, as we will
be1¢s5 likely to becorne llwaTe of instance5 of non-romplian¢¢. The risk is also greater regarding I￿¢gu]drIt1¢s o¢curring due to
fraud rather than em)r, &s fraud involves intentional conce￿￿¢nI, for8¢ry, collusion. omission or misrepTe5entaion.
As part of an audit in a¢cordance with ISAS IUKI, we exercise Professional judgem¢nt and maintain professional scepticism
throughout the audit. W¢ a150".-
Page 6

Drop Inn Ministries Limited
Independent Auditor's Report to the Members of Drop Inn Ministries Limited
Identify and ￿seSS the risks of material misslal¢ment of the financiai sial¢m¢nts, whether due to fraud or error, design and
perfomi audit Procedure responsive to those risks. and obiain audit evidence that 15 sufficient and appropriate to provide a
b&sis for our opinion. Th¢ risk of not deiecting a mateTial mi55t8t¢m¢ni resuliing from fraud is high¢r ihan for one resulting
from ¢rror, as fraud may invlove collusion, forgery. intentional omissions, misrepresentations. OT th¢ override of internal
control.
Obtain an underst8nding of internal control r¢l¢vanl to the audit in ordcr to d¢si8n audit procedures that are appropriate in the
circumstan¢¢s, bul not for the PUTpose of ¢XPTcssing an opinion on the effectiv¢n¢ss of the inlemal control.
Evaluate the approprial¢ness of accounting policies used 8nd the rea50nablen¢ss of a¢¢ounting estimates and relaied
dis¢losures made by the trusl¢¢S.
Conclude on th¢ appropriateness of ihe trustees use of th¢ going concern basi5 ofac¢ouniing and, based on the audit ¢viden¢e
obtain¢d. whether a Materi￿ un¢crtainity ¢xisis related to events or ¢ondiiions that may cast signifi¢at]t doubi on the
Comp£￿Y'S ability to conlinue as a going ¢oncem. If we conclude tha¢ 8 maierial uncertainty exist5. we are required to draw
otteniion in OUT auditor'5 T¢POrt 10 th¢ r¢lated disclosures in the fiJ38n¢ial statemenis or, if such disclosures ar¢ inadequate, to
modify OUT opinion. Our ¢on¢lusions are based on ihe audit eviden¢¢ obtained or. if such disclosures are inad¢quai¢, lo
Tnodify our opinion. Our conclusions arc based on ihe audii ¢vidence obtained up to th¢ date ofour auditor's Teport. However.
future even¢s or Conditions may causc the company to ¢eas¢ lo coniinue as a going con¢em,
Evalua1¢ (he oveTall PTe5en(aton, siruciure and content of the financial siatements, including the disc105ure5, and wheih¢r the
rinancia] stalemen¢s r¢presenl the undeTlyin8 transactions and events in a manner thal a¢hieve fair presentation.
We communicate wiih those char8e5 With 8overan¢e regarding, among other matters. Ihe plann¢d scope find timing of the audit
and Significant audit findings, including any signifant deficiencies in internal wnirol that control ideniity during our audit.
Use of our report
This r¢port is made solely to the charitable company's tru5t¢e$, as a body, in accordance with Chapter 3 of Part 16 of the
Companies Act 2006. Ou
audit work has been undertaken so thai we might state to the charity's tnJsi¢¢s those motters we are
required
state (o them
an auditor's report and for no other purpose, To (h¢ fullest extent perniitted by law, we do not a¢¢¢pi
or assu
responsibility
anyone other than ihe charitable company and its trust¢es os a body, for our audi¢ worl for this
for the opinion5
e have fomed.
en McG¢a8h (Senior Statutory
orl
For and on behalf of David Lyttl¢ & Co Ltd, St
utory Auditor
Station House
46 Molesworth Street
Cookstown
Co Tyrone
BT80 8PA
17 July 2024
Pa8¢ 7

Drop IDD Ministries Limited
Statement of Financial Activities for the Year Ended 30 September 2023
(Including Income and Expenditure Account and Statement of Total Recognised Gains and
Losses)
Unre51ri¢led
fund5
Restrlcled
funds
Tol*l
2023
Note
In¢omt And Endowments from:
Donations and l¢gaci¢s
Other trading activities
Investment income
42,203
2.518.517
3.600
52,028
94,231
2,518,517
3,600
Toial income
2.564.320
52.028
2.616.348
Expendltur¢ on:
Raising funds
Charitable octivities
(1,957,928)
441,917
11,957,943)
478,949
137 0321
Tol81 ¢xpenditure
2,399,845
37.047
12,436,892
N¢1 income
104,475
14.981
179.456
Net movement in fvnds
104,475
14,981
179.456
R¢¢onelllAtlon of funds
Total tiinds brought forward
798,890
65.061
863,951
Total funds carried forward
22
963.365
Ilnre51rl¢t¢d
rundy
80,042
Regtrlcttd
fundg
1,043.407
Tot81
2022
Income And Endowm¢nts from:
Donations and legocies
Other trading activilies
56.329
2.129532
95,049
151.378
2 129,532
Totol income
2.185.861
95,049
2,280,910
Expendltsre on:
Raisin8 funds
Charitable activitie5
{1.710,337)
336,762
(2151
49.645
11,710,552)
386,407
Tota] expenditure
2,047,099
49.860
2.096.959
Net income
138,762
45,189
183,951
Net movement in funds
138.702
45,189
183,951
Re¢on¢lll8tloN of funds
Total funds brought fonvard
660.128
19,872
680,000
Tots] fund5 caTTi¢d forward
22
798,890
65,061
863.951
All of the chaTity's a¢tivitie5 d¢rive from continuing operations during the above two periods.
The funds breakdown for 2022 is shomm in t]ote 22.
The notes on pages I I to 21 forni an integral part of these financial statements.
Page 8

Drop Inn Ministries Limited
(Registration number: N1649755)
Balance Sheet as at 30 September 2023
2023
2022
Note
Fixed assets
Tangible assets
tnvestments
15
16
556,788
106,041
478,661
662,829
478,661
Curr¢Dt &$$ets
Debtor5
C&sh at bank and in hand
17
18
10,879
627,109
39,046
617,377
637,988
656,423
Credltors: Amount5 falllng due withln one year
19
79,851
85,485
Net Current assets
558,137
570,938
Total agsets legs current llAbllltles
1,220,966
1.049.599
Crtdltors: Amounts falllng due after more than OD¢ ye8r
20
177,559
185,648
Net Assets
1.043,407
863,951
FuDd$ oftbe ¢h8rlty:
Restrlcted Income fvnds
Restricted funds
80,042
65,061
UDrestrl¢t¢d In¢ome fuDds
Unrestricted funds
963,365
798,890
Tot¥1 fund$
22
1,043,407
863,951
The financial ststements on pages 8 to 21 were approved by the trustees, and authorised for issue on 17 July
2024 and signed on their b¢half by:
Mr Ronald Dawson
Trustee
The notes on pages I I to 21 fom an integral part of these financial 51atements.
P88¢ 9

Drop Inn Ministries Limited
Statement of Cash Flows for the Year Ended 30 September 2023
2023
2022
Nole
Clsh flows from operiting i¢tlvltle8
Net cash inc4)me
179,456
183,951
AdJu#tm¢nts to cash flows from non-c*sh item5
Depreciation
Inv¢sm)ent inc(Trme
31.365
13,6001
28,790
207,221
212,741
Working CAPit#l adjustments
tkcTca5¢ in d¢biors
DecTease in ¢r¢ditors
17
19
28,167
15,634
15.804
8,737
Net ¢￿h flows trom operating activities
229,754
219.808
C#sh flows from investing *¢tlvlll¢8
Interest re¢eivabl¢ and similgJ income
Purchase oftangibl¢ fixed assets
Pur¢ha5e of inv¢sunents
3,598
1109,4921
106,041
106,470)
16
Net Cash flows from investing activities
1211,9351
(66,4701
Cash flowy from fln8ncing actsvliles
Repayment of loan5 and borrowings
19
8.089
14,0971
Net in¢r¢&se in cash and cash equivalents
9,730
139,241
Cash and ¢ash ¢quivalents at l O¢tober
617,376
478.135
C&sh and cash equivalents at 30 September
627,106
617,376
All ofthe cash flows are derived from ¢oniinuin8 operations during the above ts¥o periods.
The not¢s on pag¢s I I to 21 fom) an integral part of th¢se finan¢ig] statements.
Page 10

Drop Inn Ministries Limited
Notes to the Financial Statements for the Year Ended 30 September 2023
I Charity stalyi
The chariiy is limited by guaraniee, incorpoTat¢d in Northem Ireland, and consequently does not have Share ¢apital. Each of the
Irust¢es is liable to Contribute an amouni noi exceeding £1 O towards the assets of the charity in the ev¢nt olliquidation.
The address ofils re8iStered office is".
123 Keady Road
Arniagh
Co Amiagh
BT60 3AD
Thes¢ financiai statements were authorised for issue by the tNsl¢es on 17 July 2024.
2 Accounting pollel¢8
SurnmAry of signlficartt xccounting poll¢l¢s #nd key accourttlng estlmales
Th¢ principa] acctsuniing policies applied in ihe prep￿ttl1￿￿ of these financial siatements are sei out below. These policies have
been ¢onsis(ently appli¢d to all the year5 pr¢seni¢d. unles5 Oth¢nvis¢ stated.
Siattrnent of complian¢e
The finoncial siaiemenis have been pr¢pared in accoTdan¢¢ with Accounting and Reporting by Ch￿itIes.. Siai¢ment of
R¢¢ommended Prac(i¢e (Bpplicable lo ¢hariii¢s preparing their gccounts in a¢¢ordance with the Finoncial Reporting Standfird
applicable in the UK and Republic of Ireland IFRS 10211 (issued in October 20191- Ichariiies SORP IFRS 10211, the Financial
Reponing Standard applicable in the UK ond Republi¢ of Ireland IFRS 1021 and lh¢ Companics Act 2006.
B9919 of prepar#llon
Drop Inn Mini51ri¢s Limited meets the definition ol a publi¢ benefit entity under FRS 102. Assets gnd liabilities are initially
recognised at hi5toricai Cost or transaction vaiu¢ unle55 Otherwise sialed in the relevan18¢¢0untin8 policy notes.
Golng concern
The tru5t¢¢s consider that there are no materia] un¢¢naintie5 about th¢ chariry's ability to Continue a5 a 80ing ¢on¢ern nor any
significant areas of uncertainty that aff¢cl the c8ryin8 valu¢ of gssets held by th¢ ¢harity.
Infome And endowments
All income 15 r¢¢o8nised once the charity h&$ entitlement to the income, it 15 probable that (he income wll be received and the
amount of th¢ income receivable can be me&sured reliably.
Dontiilons ttndlegacles
Donations are recognised wh¢n the charity has been notified in writing of borh the amount 8nd sertl¢ment date. In the event ihat a
donation is subject to conditions thai require a lev¢] of perlomionce by the chaTity before the charity is ¢ntitled io the funds. th¢
income 15 deferred and not re￿gnised until either thos¢ ronditions are fully m¢L or the fulfilment of those conditions is wholly
within the control of th¢ rharity and it 15 probable that these conditiQll5 will be ￿lfilled in th¢ r¢porting period.
Page 11

Drop Inn Ministries Limited
Notes to the Financial Statements for the Year Ended 30 September 2023
Granis recelvable
Grants are recognis¢d when th¢ charity has an enliilement to the funds and any ¢ondiiions link¢d to ihe gramts have b¢en met.
Wh¢rc perfomiancc ¢onditions are atta¢hed to the grant and are yet to b¢ mei. Ihe incom¢ is recognised as a liability and in¢luded
on the balance sheet as d¢ferred incoTne io be released.
ExpeDdlture
All ¢xpenditUTe is recogni5¢d on¢e there 15 a legal or constructive obligation lo that expenditure. it is prob8ble settlement is
requiT¢d and the amouni can be m¢&%ur¢d reliably. All costs ar¢ allocaied to the applicable ¢xp¢nditure heading tho1 aggregate
similar costs ¢0 thai category, Where costs ¢annoi be diTCC(ly artributed to particular headings they hav¢ b¢¢n a]located on a basis
onsistent with the use of resour¢¢s. with ceDiral siaff cost5 allocated on th¢ basis of tirn¢ speni. and d¢preciation chbr8es
allocaied on the portion ofthe a5$et's use. Other 5UPPOrt ￿siS are ailocaied ba5cd on ihe Spread of s¢aff cost5.
Ralsln¥fun4
These are costs Incu￿ed in attraciing voluntary income. the management of investments and those incurred in trading a¢iivities
Ihat raise funds.
ChtTrlioble a¢ÉlvlÉles
Chgritable expenditure comprises those costs incurred by the Charity in the delivery of its aclivities and setvices for ils
ben¢ficiorie5. It includes both ¢osis that can be allocated dir¢¢tly to such aclivili¢s and thos¢ costs of an indirect nature n¢c¢ssary
to suppon ihem.
Governance ¢osts
These include ihe costs attribulable to the ¢harity's compliance with constifvtiona] and slglutory requir¢m¢nts, including audit,
sira(egi¢ mana8em¢ni gnd trustees meetings and reimbursed expenses.
Government gr*ntJ
Government grants are TCCO8nised bosed on the accrual model and ar¢ measured at the fair value of the Lssei received or
r¢ceivable. Grants are ¢]￿SIr1¢d &% relatin8 either to Tev¢nuc or to a55¢ts. Grants Telatin8 10 Tevenue ar¢ recognised in income
ov¢r the period in which the related costs are r¢¢ognised. GT8nts relating to &ssets are recogni$ed over the expected useful lif¢ of
the 8ssel. Wh¢r¢ part of a grani r¢latin8 to an 8gS¢t is deferr¢d, 1¢ is recogni3¢d as deferred In¢ome.
Tax*tloD
Th¢ charity is ¢onsid¢r¢d to pass th¢ t¢sts set out in Paragraph I S¢hedule 6 Of the Finance Act 2010 and therefore li meets (h¢
definition of a charitable company foT UK oorpoTation tax purposes. Accordingly, the ¢hariry is potentidly exempt from t￿atiOn
in respect of income OT capita] gains received within categori¢s ¢overed by Chapter 3 Part I l of the Corporatitsn Act 2010 or
Se¢tion 256 of th¢ Taxation of Chargeable Gains Act 1992, to ihe extent thai such income or gains are appli¢d exclusively to
charitable purposes.
Tlngiblt fixed o$set8
Individual fixed assets costing £250.00 or more are initiaily recorded at cost, less any subs¢qu¢nl accurnulal¢d depreciation and
subsequent accumulated impairnicnt losses.
Depreciation And 4mort158tio
D¢pieciaiion is provided on tangibl¢ fixed asset5 SO &$ to Mrite off th¢ ¢osi or valuation, less any ¢5timated residual value. over
their exp¢¢t¢d usefvl economic life as follows.,
Pag¢ 12

Drop Inn Ministries Limit
Notes to the Financial Statements for the Year Ended 30 September 2023
Asset elg85
Freehold buildings
Plant ond machinery
Fixtures and fittings
Motor vehicle5
Depreclatlon method Tate
4 0/• Straighi line
25 /0 r¢ducing balance
10/0 reducing balance
20•/0 siraight line
Investment properties
Inv¢stm¢nt property is carri¢d at fair va]u¢, derived from the current markei pri¢¢s for Comparable real e5tale deterniined
annually by externai valuers. The valu¢TS use obseTrabl¢ market prices, adjusted if ncce5sary for any ditTeren¢e in the nature.
location or condition of the sp¢¢ific asset. Changes in fair value are recognised in profit or loss.
Cash *nd ¢85h equSv#l¢nl$
Cash gnd ¢a8h ¢quivalents comprise cash on hand and ca]1 deposits, and other short-temi highly liquid investment5 that are
readily conv¢rtibl¢ to a knowi amount ofcash and are subject to an insignifi¢an( risk of change in value.
Trade ¢redllorJ
Trade creditors are obligation5 to pay for goods or services thai have been acquired in the ordinary course of business from
suppli¢rs. Accounts payable are classified as current liabilitie5 if the charity does noi hav¢ an unconditional right, at the end of
Ih¢ r¢porting period. 10 deter seitlement of the crediloT lor al least twelve months after Ihe reporting dai¢. If th¢r¢ 1$ on
un¢onditional ri8hi ¢0 d¢l¢r $¢iilemeni for at le￿t ￿e1ve month5 after the reporting date. they are presenied as non-¢urreni
Trade creditors are recognised initially at the tranSa¢¢ion pri¢e and subsequenrly measured a¢ amonised ¢osi usin8 th¢ eff¢¢iiv¢
int¢r¢si m¢ihod.
BorTowlngs
In(erest-bearing borrowings are initially Tecorded ai fair value. nei of Iransa¢lion ¢osls. Interest-b¢aring borrowings are
subsequently ¢&Tried at amortis¢d ¢os¢, wi¢h th¢ diff¢ren¢¢ b¢tween the proceeds, nei of transaction costs. and the amount due on
redemption being re¢o8nised as a ¢harg¢ to th¢ Stat¢ment of Financial Activities over the period of the relevant bO￿owing.
Int¢r¢st ¢xp¢ns¢ is r¢¢ognised on the b&sis of the effective inter¢st method and is included in interest payable and sirnilar ¢haT8es.
Borrowings are ¢10ssified as ¢urr¢nt li8bilili¢s unless the ¢harity an un¢onditiono1 riBht lo defer settlernent of the liobility for
at least twelve month5 aftcr the reporting date,
Forelgn exchange
Transactions in foreign Cu￿enCieS are recorded at the rate of exchange al the date of th¢ transaction. Monetary &8sets and
liabilities denomin&(ed in foreign currencies at the balance sheet dale are reported at the rates of exchange prevailing at that date.
Fund .slructyr¢
Unrestricied incorne funds are general ￿ndS that are available for use at the trustees discretion in furtherance of the objectives of
the charity.
R¢striot¢d iDfQTn¢ funds ar¢ thos¢ donat¢d fgr use in a particular prea or for 5p¢¢ific PUTpose5. the us¢ of wthich is r¢stricted to
that area OT PUTPOSe.
Page 13

Drop Inn Ministries Limited
Notes to the Financial Statements for the Year Ended 30 September 2023
Pensions other post retirement obligallons
The charity operates a defincd contribution pension s¢hem¢ which is a pension plan under which fixed contributions are paid into
a pension ￿nd and the charity has no lega] or coi)structive obligation to pay ￿rther Coniriburions ¢v¢n if Lh¢ fund does not hold
sufficient assets to pay ￿] employees thc b¢nefits relating to ¢mploy¢¢ setvice in (he current and prior periods.
Coiitribuiions lo d¢fin¢d contribution plans are recognised in the Statement of Financiai A¢iivili¢s wh¢n they ar¢ due. Jf
¢ontribution payments exceed the contribution due for service. the excess is recognised as a pr¢paym¢nl,
FlnAn¢lil Instruments
CldsslJ7¢ollon
The ¢hariry only has fingn¢i81 8s$¢ts and liabiliiies of a kind Ihgt qualify as b&81¢ financial instrnment5. Basic financia]
instruments are initially recognised ai transaction value and subsequently measured al (heir s¢lllemeni value.
3 In¢om¢ from don•tlons And legaeles
Ilnrtstrl¢ted
rund$
Gtneril
R¢ylrl¢t¢d
funds
Total
funds
Donations and lega¢ie$'
Gifts and church tythes
Gifts received for Humanitarian aid
42,203
42.203
52,028
52,028
Tol41 for 2023
42.203
52,028
94.231
Tol41 for 2022
56,329
95.049
151.378
4 Ineome from other trAdlng aetlvltles
Unreitrlcted
funds
General
Tot*1
funds
Trading income.,
Shop income from sale of donated goods and services
Hire ofBa]lyords
2,508,877
9,640
2.508,877
9.640
Totil for 2023
2.518 517
2 518 517
Total for 2022
2,129,532
2,129,532
Page 14

Drop Inn Ministries Limited
Notes to the Financial Statements for the Year Ended 30 September 2023
S Investment income
Unrestricted
funds
General
Tibtgl
rurtds
Income from rents
3.600
3.600
Tts141 for 2023
6 ExpenditUTe on r4i5ing fundy
•) CoJt3 ofir*dln% i¢tlvltl¢$
Unrestrlcted
funds
General
Reylrl¢ted
funds
Totil
funds
Note
D¢pre¢io1ion, omortisarion and oih¢r similar Costs
Other direct costs of ￿liVi(]eS for 8¢n¢ratinB funds
31,365
608,759
31,365
608,774
Tot*1 for 2023
640,124
640,139
Tot41 for 2022
612558
215
012773
7 Expendlture on ¢hgrltable o¢tlvltl¢J
Activity support
Costs
2023
Mission expenses
468,223
Activity %upport
¢ostg
468,223
2022
Mission expenses
376.012
376012
In addition to the ¢xp¢nditUTe ana]ysed above, there are also governance costs of £1 0,726 {2022 - £10,395) whi¢h relate dir¢¢tly
to charitable activities. See note 8 for fL￿her details.
Pag¢ 15

Drop Xnn Ministries Limited
Notes to the Financial Statements for the Year Ended 30 September 2023
8 Analysis of gtsveTn8n¢¢ ind sUPPOrt ¢osts
Govern#n¢e ¢o$tg
Unrestricted
funds
G¢n¢ril
Tot41
2023
Audit fees
Audii of the finon¢ial statements
Independent ex8miner fees
Preparation of annugl accounts
L¢BfjI I¢¢s
2.330
2.330
4.045
4.351
4.045
4.351
10.726
Unreylricled
fund5
General
Total
2022
Audit fees
Audii of the finan¢ial siaremenis
Indepcndeni examiner fees
Other fees paid lo examiners
Legal fees
2.540
2,540
4.410
3,445
4.410
3,445
10,395
10,395
9 Nel Ineomlngloutgolng r¢$our¢
Nel in¢omin8 r¢soiir¢¢5 for the year include..
2023
2022
Audit lees
Depreciation of fixed &ssets
2.330
31.365
2,540
28,790
10 Trustee8 remunerAtlon and exp¢n5es
During the year the charity made the following transactions with ¢rusiees'.
Mr RonAld Dawson
Mr Ronald Dawson received remuneration of £45,89212022.. £44,014) during the year.
Page 16

Drop Inn Ministries Limited
Notes to the Financial Statements for the Year Ended 30 September 2023
11 Stiff ¢08ts
Th¢ aggregat¢ payroll costs were as follows..
2023
2022
StAif Costs during the y¢4T wer¢:
Wages and salaries
Social security cost5
Pension costs
Other staff ¢osts
1.228.342
74.595
14.815
52
1.025.495
59.167
12,916
201
1,317,804
1,097.779
No employee re¢¢iv¢d ¢moluments of more than £OO.000 during the year,
12 IDdep¢nd¢nl exgmlner'5 remuner*tlon
2023
2022
Other fees lo exlrnlners
Preparation of annual accounts
4.045
4,410
13 Audltors, remunerAllon
2023
2022
Audit ofthe fingnciai statements
2,330
2.540
14 T*xation
The charity is a registered charity and is therefore exempt from taxation.
P48¢ 17

Drop Inn Ministries Limited
Notes to the Financial Statements for the Year Ended 30 September 2023
15 TAngible fixed 855ets
Land 4nd
bulldings
Furnlture and
equlpmtnt
Motor vehi¢l¢J
Tot91
Cost
At l O¢iober 2022
Additions
425,085
82,733
84,393
7,764
25,307
18,995
534,785
109,492
A130 S¢ptemb¢r 2023
507,818
92,157
44,302
644,277
Depr¢¢l4tlon
At l October 2022
Charge for the year
21,352
17,003
26.039
6.729
8,733
7,633
56,124
31,365
AI 30 September 2023
38.355
32,768
16.366
87,489
Net book value
At 30 Sepi¢mber 2023
469,463
59,389
27.936
556,788
At 30 S¢pi¢mb¢r 2022
403,733
58.354
16.574
478 661
16 Flxed i9g¢t Inveslmenls
2023
Inv¢stment properties
106,041
Investment properllei
Inv¢Jtment
prop¢rtl¢J
Cost or V4lu*tlon
Additions
106,041
Provi910
At 30 September 2023
Net book volue
At 30 Scpt¢mb¢r 2023
106041
The investment property w&% purchased during the financia] ye￿. The property w&8 valued on 30th September 2023 by the
direciors who are internal to the company. The b&8is for this valuation was fair valu¢. The dir¢¢tors do not believe that theTe 15 a
materia] difference between the current market va]u¢ and the initial purchase price of the propejry. The valuation was made on an
open mark¢t v￿u¢ basis by r¢f¢Ten¢e to market evidence oftransaction prices for similar pro￿rtIC5.
Pa8¢ 18

Drop Inn Ministries Limited
Notes to the Financial Statements for the Year Ended 30 September 2023
17 D¢bto
2023
2022
Prepayments
VAT recoverable
Oth¢r debtors
9.494
26,939
11.239
868
1.385
10,879
39,046
18 Cash #nd cash equlv*lentJ
2023
2022
C&sh on hand
C&sh at bank
10.543
616,563
24.024
593.352
627,106
617.376
19 Credltors: amounts f4lllng due wlthln one y¢•r
2023
2022
Bank loans
Trade Creditors
Other taxotion and social security
VAT crediior
Other creditor5
Accrua15
23,640
13,943
17,671
1,702
3,322
19,573
23.640
6.038
11,433
2.215
42.159
79,851
85,485
Creditors due within one year in¢ludes th¢ following liabiliii¢$, on which security ha5 been given by the charity.,
2023
2022
Bank Loan
23,640
23.640
Page 19

Drop Inn Ministries Limited
Notes to the Financial Statements for the Year Ended 30 September 2023
20 Credllors.. Imounts f4lling due #ft¢r one yeAr
2023
2022
Bank loans
177,559
185,648
Creditors amounts falling du¢ 8ft¢r more than one year in¢lud¢s ih¢ tollowing liabilities, on which security has been given by the
¢harily'.
2023
2022
Bank Loan
177,559
185.648
Th¢ bank loon liability relates to a legal mortgage and commercial a]1 monies charge ov¢r propety at 71 79 Am)a8h Road,
Portadown.
21 Penslon and other Jth¢mei
Defined contrlbullon penslon scheme
The charity op¢rat¢s a defined contribution pension s¢hem¢. Th¢ pension cost char8e for ihe year repres¢nts contributions
payable by (he ¢hariiy io th¢ s¢h¢me and amounted to £14,81512022 £12,916).
22 Funds
Balince #l I
October 2022
Incomlng
regour¢¢9
Re$our¢¢s
expended
Balance gt 30
September 2023
[Inrestrlcted funds
Gen¢ra]
798.890
2,564,320
12,399,845)
963,365
Restrlcted fundy
65,061
52,028
80,042
Tol81 fundj
863,951
2,616.348
2.436,8921
1.043,407
Incoming
rejourrey
Resources
expendtd
Balan¢t #t 30
September 2022
Oclober 2021
Unrestricted funds
G¢n¢ra]
660.128
2,185,861
12,047.099)
798,890
Restrlcted funds
19,872
95.049
49,800
65,061
Tot*1 funds
680,000
2,280.910
2.096.959
863,951
Pag¢ 20

Drop Inn Ministries Limited
Notes to the Financial Statements for the Year Ended 30 September 2023
23 Analysis of net 4$sets between fund5
Unrestricted
funds
Gtneral
Total funds at
30 September
2023
Restricted
funds
Tangible fixed assets
Current assets
Current liabilities
Creditors oveT l year
556.788
557,359
{78.1491
177.559)
556,788
637.600
{78.1491
177,5591
80.241
Tota] nct assets
858,439
80.241
938.680
IlnreJlrl¢led
fundi
Gener41
Tot¥1 funds •¢
30 S¢pt¢mber
2022
Restrlcted
fund8
Tangible fix¢d &ssets
Cu￿ent asseis
cU￿ent liabiliti¢s
Creditors over l year
478,661
591,161
185.4851
185,648
478,661
656.422
185.4851
1185,648
65,261
Tot￿ nei assets
798,689
65,261
803,950
24 An&ly81s of net fundy
At l October
2022
At30
September 2023
C&%h al bank and in hand
017,376
617,376
N¢1 debi
617.376
At l Octob¢r
2021
617,370
At30
Stpternber 2Q22
Cash at bank and in hand
478,135
478,135
Net debi
478.135
478,135
Page 21