Company Registration Number: N1648897
Charlty Number: NIC108294
ECF Trust
IA ¢ompany limited by guarantéè, not havin9 a Share capital)
Annual Report and Audited Financial Statements
for the financial year ended 31 December 2023
Daly Park & Cornpany Ltd
Chartered Accountants
4 Carnegie Street
Lurgan
Cralgavon
Co. Armagh
BT66 6AS
Northern Ireland

ECF Trust
IA company limlted by guarantee. not having a share capital)
CONTENTS
Page
Trustees, and Other Information
Trustees, Annual Report
Statement of Trustees, Responsibilities
Independent Auditor's Report
9- 11
Statement of Financial Activities
12
Balance Sheet
13
Statement of Cash Flows
14
Notes to the Financial Statements
15-20

ECF Trust
IA cornpany limited by guarantee. not having a share capltall
TRUSTEES, AND OTHER INFORMATION
Trustees
David Wylie
Warwick Mecullough
Jonathan Andrew Begg5
Alan Emerson
Philip Emerson
Company Secretary
Leonard Adamson
Charlty Number in Northern Ireland
NIC108294
Company Registration Number
N1648897
Reglstered Offieè and Principal Address
23a Castle Lane
Lurgan
Co. Armagh
BT67 9BD
Northern Ireland
Auditors
Daly Park & Company Ltd
Chartered Accounlanls
4 Carnegie Street
Lurgan
Craigavon
Co. Armagh
BT66 6AS
Northern Ireland

ECF Trust
IA company limltad by guarantee, not having a shar& capital)
TRUSTEES. ANNUAL REPORT
for the financial year ended 31 December 2023
The trustees present their Trustees, Annual Report, combining the Directors, Report and Trustees, Report. and the
audited financial slalements for the financial year ended 31 December 2023.
The financial slalements are prepared in aecordance with the Companies Act 2006. FRS 102 "The Financial
Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities..
ststement of Recommended Practi￿ applicable to charities preparing their financial ststements in ac¢ordance with
the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021.
The Trustees. Report contsins the information required lo be provided in the Trustees, Annual Report under the
ststemenl of Recommended Practice ISORPI guidelines. The trustees of the company are also charity trustees for
the purpose of charity law and under the company's eonslitulion are known as members of the board of Iruslees.
In this report the Iruslees of ECF Trust present a summary of its purpose, governan￿. aclivilies. achievements and
finances for the financial financial year 31 December 2023.
The company is a registered charity and hence the report and results are presented in a fom which complies with the
requirements of the Companies Act 2006 and, although not obliged to eomply with the Statement of Recommended
Practice applicable in the UK and Republic of Ireland FRS 102, the organisation ha$ implemented its
recommendations where relevant in these financial slalements.
Mission. Objectives and Strategy
Mission Statement
As a local church, it is our desire to outwork the mission and life of Jesus to those around us. Our vision statement is
"lo help rewrite the story of Craigavon. Ireland and the Nations with the good news of the Kingdom of God.. Al
Emmanuel. we seek lo be a community which is there to support one another bul also be equipped lo serve the
people in our local area to demonstrate God's love in word and action.
An example of our services and programmes are-.
As a community of faith, we gather for coffee, connection, worship. and leaching on Sundays.
Kids and youth environments on Sunday mornings.
Midweek Lifegroups for various age groups. demographics elc. which offer study, training and support in the
Christian life and service.
We run several drop-in coffee mornings and evenings lo allow people who are lonelylisolated to gather.
Provision of a food pantry ￿lce per week and other compassionate support for people in need.
Courses lo help explore the English language and how this helps express a multicultural, welcoming church
environment.
Review of Activitles, Achievements and Performance
BUILDING PROJECT
We ￿lebrated the completion and occupancy of our new building in Meadow Lane, Portadown.11 has been such a joy
to begin lo 'live into. the Inheritan￿ of this particular space. We are paying back our loan at a lolal of £5k per month,
with tithes and offerings more than adequately covering these costs. The building continues to be internally developed
in light of the various ministry needs as they evolve.
SUMMARY OF ACTIVITIES 2023
CHURCH COMMUNITY
In Emmanuel Portadown, we have a regular weekly attendance of over 200 people. We We￿ able to move into our
new building in Meadow Lane in September 2023. This allowed us to have one service each Sunday moming and all
the kids and youth In the same building. Our foyer is the heart of where we build family as we are able lo ¢onnect with
one another over lealcoffee after our Sunday gatherings.
We also use this space to develop other community and compassion activiti8s during the week as we developed
more connections in the town and further afield. We have been able lo employ Trevor Kane for one day a week to
help facilitate practical developments and health and safety standards within our new building.
We have been able to bless both Alain and Chris with some lime for Sabbaticals, releasing them for some much
needed rest and resloralion as they have pioneered Emmanuel Portadown. Since Alain's return from Sabbatical. he
has taken on increased re5ponsibilily within the 2417 community which has released some funds back into the church
body for further investment in employment as we seek lo see the ehurch become more established.
IN-PERSON GATHERINGS
With the move into our new building, we have seen the need for various ministries lo grow to help make Sunday

ECF Trust
A company limited by guarantee, not havlng a share capital)
TRUSTEES. ANNUAL REPORT
for the financial year ended 31 December 2023
mornings funelion well. There has been a steady increase in attendance, with new faces coming along more regularly.
We have also been able to develop an Additional Needs team to help support ehildren who require 1..1 so they can
connect well in their appropriate leaming environments and see their families released into and nourished by the
church community.
The different gatherings each week have been life-giving to our congregation and enabled us to provide additional
support to more vulnerable people. We were delighted lo be able lo have both baptism and dedication services over
the year to welcome people into the church family.
COURSES
We have been running English classes weekly to help provide the increasing number of mulli-nalional families the
Lord is bringing to our body. We currently have be￿een 12-15 people attending each week. There has been much
fruit from this ministry and we have been able to employ Cathy Gordon for one day a week to help facililale this and lo
help grow our compassion ministries. Cathy is assisting many foreign nationals in the town with employment. housing
and access lo various reSoUr￿S provided by the local councils. She is doing a tremendous job.
LIFEGROUPS
Our Lifegroups continue to meet every other week. With about 110 people meeting together across the town in
about 17 groups. This year we were able lo delve deeper into our leaching series as resources have been made
available through the Emmanuel Chureh app for lifegroup leaders to use. We have also eslabloshed an 'in house,
lifegroup which serves as a taster group lo lrfegroup for those who are curious about exploring further. We have seen
a few new lifegroups fomi from this which has been encouraging and others have been fed into exi$ting lifegroups.
PRAYER
With prayer in Portadown we are sharing our church space with ECL every other Wednesday night for Corporate
prayer. A faithful group of 6-12 people meet every Friday night in the church car park to pray around the town.
These have proved lo be great times of fellowship as well as prayer_ Our prayer room has been well established.
running weekly on Fridays from 10am- 7pm. We have also recently had a week of prayer walking around our town,
and have been able lo employ Karen McGuire for one day per week, sharing the cost and Kaien as a resource across
both Emmanuel Lurgan and Emmanuel Portadown. Prayer ministy is offered after each Sunday morning service with
training taking place for everyone on the teams.
PASTORAL CARE
Debbie Leech continues to provide pastoral support for the members of our Church body who require such in the
various circumstances they find themselves in. We continue to support a wide range of individuals and families from
those who have just had babies lo those recently bereaved and a eomplex range of needs.
KIDS & TOTS
On average we have around 9 pre-school children and 35 140 Primary School kids on a Sunday. having ju51
established our additional needs team for children in particular. We have 9 volunteers for Kingdom
Tots.approximately 25 volunteers for kingdom kids, including 4 team leaders and 8 new volunteers for our Additional
Needs team. Their topic for most of this year has been women of the bible. Sunday mornings have different areas set
up and kids can rotste through with a group of kids their own age - our new building has facilitated this program
really well as previously the children had been using the old Iceland building which involved maintaining sites in
the interim. The programme includes Bible leaching, games. memory verses. worship and prayer.
YOUTH
We saw a big increase in the number of youth with about 12 10 18 each week. This also meant an increase in the
number of volunteers to 7. They followed the Youth Alpha course and went deeper into the book of John. The youth
also had several social evenings and barbeque$ lo build friendship5 and a sense of fun and community. joining with
Emmanuel Lurgan and Cara lo build a sense of community across the churches within our borough.
LOCAL MISSIONICOMPASSION
CONNECT CAFÉ
This environment provides a safe and f￿e ¢afe-styl8 environment where people can experien￿ a warm welcome
and a listening ear, they can get tea and snacks but also support, care and prayer. This environment averaged
around 30- 40 visitors over the year with many people coming along regularty.
FOOD PANTRY, FOODBANK & COMPASSION SERVICES
We have been able to establish OUT Food Pantry in a purpose made room within the upstairs of our new facility. There
is such demand for this service that Sharon has now established a second pantry session on a Friday morning loo.
This area of support has been key lo help lfft the financial burden from those in the local community as well as provide
practical financial management support. There is a wonderful team of volunteers who help facililale the running of this
ministry.
We continued to provide a food bank referrals seNice for those in need, ensuring that vital support was given in a
timely manner. Additionally, signposting was provided to other support
mechanisms lo provide a wrap-around

ECF Trust
IA company limited by guarantse, not having a share capttall
TRUSTEES. ANNUAL REPORT
for the financial year ended 31 December 2023
service.
CHRISTMAS SUPPORT PROGRAMME
Targeted support was given over Christmas to those in need in our local community, including food hampers, fuel,
electricity. and toys. The needs of our local community continue lo grow and the church seeks lo find new ways to
bring solutions and support. We were also able lo bless the local community around the chuich with a token gift
from everyone at Emmanuel Portadown.
LOCAL MISSION PARTNERS
As our posture is lo connect. support and work together across our communities we partner both practically,
prayerfully, and financially with the following local organisations..
- 2417 Prayer Ireland
- Aspire Nl
- REACH
LINKS Counselling
Shalom Life
Youth for Christ
- CAP Emmanuel Portadown
Craigavon Foodbank
. CARA
GLOBAL MISSION
We may not be able lo go all over the world regularfy, but we believe il is our mandate lo connect, support and we
partner both practically. prayerfully, and financially with the following global organisations..
2417 Prayer Inlemalional
Paul a Julie Swaffield IWEC Inlemalionall
We continue lo financially and prayerfully support Wayne & Sue Robinson and their family who are living as
missionaries in Madrid. Spain. They are part of the WEC team there and are still in the language leaming phase.
while also
developing connections lo the local community and supporting local churches and ministries. Keith and Sharon also
spent some
Financial Review
The results for the financial year are sel out on page 12 and additional notes are provrded showing income and
expenditure in greater detail.
Financial Results
Al the end of the ffnancial year the company has assets of £1,494,146 {2022 - £791,553) and liabilities of £392.969
{2022 - £58.96SI. The net assets of the company have increased by £368.589.
Trustees
The trustees who served throughout the financial year. except as noted, were as f¢ll¢)ws.'
D8vid Wylie
Warwick Mccullough
Jonathan Andrew Beggs
Alan Emerson
Philip Emerson
In aecordan¢e with the Constitution. the trustees ￿tire by rotation and, being eligible, offer themselves for re-election.
The secretary who seNed during the financial year was..
Leonard Adamson
Compliance wlth Sector-wide Legislation and Standards
The company engages pro-acb'vely with legislation. standards and codes which are developed for the sector. ECF
Trust subscribes to and is compliant with the following".
The Companies Act 2006
The Charities SORP IFRS 102)

ECF Trust
IA company limlt•d by gLtaranto•, not havlng a 5hara ¢apitall
TRUSTEES. ANNUAL REPORT
for the financial year ended 31 December 2023
The Audltors
The auditors, Daly Park & Company Limited, (Chartered Accountants) have indicated their willingness lo continue in
office In accoidance wth the provlsions of Section 485 of the Companies Act 2006.
Approved by the Board of Trustees on 28 June 2024 and slgned on Its behalf by:
Phlllp Emers
Diredor
Warwlck Mccullough
Dlrector

ECF Trust
IA company limited by guarant••. not having a share capTrtall
STATEMENT OF TRUSTEES. RESPONSIBILITIES
for the financial year ended 31 December 2023
The Iruslees. who are also dlreclors of ECF Trust for tho purposes of company law, are responsible for preparing the
financial statements in accordance with applicable law and regulations.
Company law requires the trustees as the directors lo prepare financial statements for each financial year. Under that
law the trustees have elected to prepare the financial slalemenls in accordance with United Kingdom Generally
Accepted Accounting Practice (United Kingdom Accounting Standards and applicable lawl induding FRS 102 "The
Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Enlilies}. Under
company law the trustees musl not approve the finandal ststements unless they are satisfied that they give a true and
fair view of the stale of affairs of the company and of the surplus or deficit of the company for that period.
In preparing these financial slalements. the trustees are required to..
select suitable aecounling policies and apply them consislenlly.,
observe the methods and principles in the Charities SORP
make judgements and aecounling estimates that are reasonable and prudent.,
state whether the financial statements have been prepared in accordan￿ with applicable accounting standards,
identify those standards, and note the effect and the reasons for any material departure from those standards.. and
prepare the financial slalements on the going concern basis unless it is inappropriate lo presume that the
company will continue in operation.
The trustees are responsible for keeping adequate a￿OUntIng records that are sufficient lo show and explain the
companys transactions and disclose with reasonable accuracy at any lime the financial position of the company and
enable them lo ensure that the financial statements comply with the Companies Act 2006 and. They are also
responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
In so far as the trustees are aware..
there is no relevant audit information {infomialion needed by the company's auditor in connection with preparing
the auditor's report) of which the company's auditor is unaware. and
the trustees have taken all the steps that they ought to have taken as trustees in order to make themselves aware
of any relevant audit information and to establish that the company's auditor is aware of that infomialion.
Approved by the Board of Trustees on 28 June 2024 and slgned on its bohalf by:
Philip Eme
Director
on
Warwick Mccullough
Dire¢tOT

INDEPENDENT AUDITOR'S REPORT
to the Members of ECF Trust
IA company limitèd by guarantee. not having a sharè eapilall
Report on the audlt of the financial ststements
Opinion
We have audited the company financial statements of ECF Tnjst I'the company'l for the finaneial year ended 31
December 2023 which comprise the Slalement of Financial Activities {incorporating an Income and Expenditure
Account). the Balants Sheet, the Statement of Cash Flows and notes lo the financial stalemenls, induding the
summary of significant accounting policies sel out in note 2. The financial reporting framework that has been applied
in their preparation is applicable law and United Kingdom Accounting Stsndards, including FRS 102 "The Financial
Reporting Standard applicable in the UK and Republic of Ireland" applying Section 1A of that Standard and
Accounting and Reporting by Charities.. Statement of Recommended Practi￿ applicable lo charities preparing their
accounts in accordan￿ with FRS 102.
In our opinion. when reporting in accordan￿ with a fair presentation framework the financial ststements..
give a true and fair view of the slate of the company's affairs as al 31 De¢ember 2023 and of ils surplus for the
financial year then ended.,
have been properfy prepared in accordance with United Kingdom Generally Accepted Accounting Pracbce.. and
have been prepared in a¢cordance with the requirements of the Companies Act 2006 and the Charities Act
(Northem Ireland) 2008.
Basis for oplnlon
We conducted our audit in accordance with Inlemalional Standards on Auditing IUKI IISAS IUKII and applicable law.
Our responsibilities under those standards are further described in the Audilorfs responsibilities for the audit of the
financial statements section of our report. We are independent of the company in accordance with ethical
requirements that are relevant to our audit of the financial statements in the UK. including the FRC'S Ethical Standard,
and we have fU￿illed our other ethical responsibilities in accordan￿ with these requirements. We believe that the
audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Concluslons relating to going concern
In auditing the financial ststements, we have concluded that the trustees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating lo events or
conditions that. individually or collectively. may cast significant doijbl on the company's ability lo continue as a going
concern for a period of at least ￿e1ve months from the date when the financial slalemenls are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going con￿rn are described in the relevant
sections of this report.
Other Information
The other information comprises the infomialion included in the annual report other than the financial statements and
our Auditorfs Report thereon. The trustees are responsible for the other information contained within the annual
report. Our opinion on the financial statements does not cover the other infomiation and, except to the extent
otherwise explicitly slated in our report, we do not express any fomi of assuran￿ conclusion Ihereon.
Our responsibility is lo read the other information and. in doing so. consider whether the other information is materially
inconsislenl with the financial slalements or our knowledge obtained in the wurse of the audit. or otherwise appears
to be materially misslaled. If we identify such material inconsislencie5 or apparent material misstatements, we are
required to determine whether this gives rise lo 8 material misstalemenl in the financial statements themselves. If,
based on the work we have performed, we conclude that there is a rnalerial misststemenl of this other infomialion, we
are required to report that fact. We have nothing lo report in this Tegard.
Opinlon on other matter prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the information given in the Trustees, Annual Report for the financial year for which the financial slalemenls are
prepared is ¢onsislent with the financial slatemenls.. and
the Trustees, Annual Report has been prepared in accordance with applicable legal requirements.

INDEPENDENT AUDITOR'S REPORT
to the Members of ECF Trust
IA company limltèd by guarantee. not having a sharg capital)
Matters on which we are rgquired to report by exception
In the light of our knowledge and understanding of the company and ils environment obtsined in the course of the
audit. we have not identified material misststemenls in the Trustees, Annual Report.
INe have nothing lo report in respect of the following matters whete the Companies A¢t 2006 requires US to report to
you if, in our opinion..
adequate accounting records have not been kept., or
the financial statements are not in agreement with the accounting records and returns,. or
ertain disclosures of trustees, remuneration specified by law are not made.. or
the trustees were not entitled lo prepare the financial statements in accordance with the small companies regime
and lake advantage of the small companies, exemption in prepartng the Trustees, Annual Report.
Responsibilities of trustees for the financlal statements
As explained more fully in the Slalemenl of Trustees. Responsibilities sel out on page 7, the Iruslees are responsible
for the preparation of the financial statements and for being satisfied that they give a true and fair view. and for such
inlemal control as they determine is necessary to enable the preparation of financial statements that are free from
material misstatement. whether due to fraud or error.
In preparing the financial statements. the trustees are responsible for assessing the company's ability to continue as a
going concern. disclosing, as applicable. matters related lo going concern and using the going concern basis of
accounting unless management either intends lo liquidate the company or to cease operations, or has no ￿aliStiC
alternative bul to do so.
Auditorfs responsibilltles for the audit of the financial statements
Our objectives are to obtain reasonable assuranee about whether the financial slalements as a whole are free from
material misslatemenl, whether due to fraud or error. and to issue an Auditor's Report that includes our opinion.
Reasonable assurance is a high level of assurance. but is not a guarantee that an audit conducted in accordan￿ with
ISAS {UKI will a￿ayS detect a material misslalement when il exists. Misslalemenls can arise from fraud or error and
are considered material if, individually or in the aggregate. they could reasonably be expected lo influence the
economic decisions of users taken on the basis of these financial statements.
Irregularities. including fraud, are InStan￿S of non-compliance with laws and regulations. We design procedures in
line with our responsibilities. outlined above, lo delecl material misstatements in respect of irregularities. including
fraud. The extent lo which our procedures are capable of detecting irregularities, including fraud is detailed below..
There is an inhefenl difficulty in detecting irregularities during audit. However the effecttveness of entitys eonlrols. the
nature and exlenl of audit procedures performed, gives us Confiden￿ in detecting irregularits'es.
Furthgr information regarding the scope of our responsibilities as auditor
As part of an audit in accordance with ISAS IUKI. we exercise professional judgement and maintain professional
sceplicism throughout the audit. We also..
Identify and assess the risks of material misslalement of the whether due lo fraud or error, design and perfomi
audit Pro￿dureS responsive lo those risks. and obtain audit evidence that IS sufficient and appropriate lo promde
a basis for our opinion. The risk of not detecting a material misslalement resulting from fraud is higher than for one
resulting from error. as fraud may involve collusion, forgery. intentional omissions, misrepresentations. or the
override of intemal control.
Obtain an understanding of inlemal control relevant to the audit in order to design audit proeedurès that are
appropriate in the circumstances, bul not for the purpose of expTessing an opinion on the effectiveness of the
company's internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of 8ceounling estimates and
related disclosures made by Iruslees.
Conclude on the appropriateness of the trustees, use of the going concern basis of accounting and. based on the
audit eviden￿ obtained. whether a material un￿rtainty exists related to events or conditions that may cast
significant doubt on the companls ability to continue as a going concern. If we conclude that a material
uncertainty exists. we are required to draw attention in our Auditorfs Report to the related disclosures in the
financial Statements OT, if such disclosures are inadequate, to modfy our opinion. Our conclusions are based on
the audit evidence obtained up to the date of our Audilorfs Report. However, future events or conditions may
aus8 the the company to cease lo continue as a going con￿rn.
Evaluate the overall presentation, structure and content of the financial slatemenls, including Ihg disclosures. and
whether the financial statements represent the underlying transactions and events in a manner that achieves fair
presentation.
10

INDEPENDENT AUDITOR'S REPORT
to the Members of ECF Trust
IA company Ilmlted by guarantee. not having a sharn capital)
We communicate with those charged with governance regarding, among other matters, the planned scope and liming
of the audit and signrficanl audit findings. including any significant deficiencies in internal control that we identify
during our audit.
DALY PA
& COMPANY
Chartere
Accountants
4 Camegie Street
Lurgan
Craigavon
Co. Amagh
B T66 6AS
Northem Ireland
28 June 2024
11

ECF Trust
IA company limltèd by guarantee. not having a shar• capitsll
STATEMENT OF FINANCIAL ACTIVITIES
Ilneorporating an Income and Expondlture Accounti
for the financial year ended 31 De￿rnber 2023
Unrestricted Restricted
Funds
Funds
2023
2023
Total Unreslricled Restricted
Funds
Funds
Funds
2023
2022
2022
Total
Funds
2022
Notes
Incoming Resources
Donations and legacies
Charitsble activities
- Grants from governments
and other co-funders
Activities for generating
funds
Investrnenls
634,383
634.383
355.706
355,706
12,000
12,000
20
20
683
683
402
402
Total incoming resources
635,066
635,066
356,128
12,000
368.128
Resources Expended
Charitsble activities
260,096
6.381
266,477
196,888
196.888
Net incomingloutgoing
resources before transfers
374.970
(6.381)
368,589
159,240
12,000
171.240
Transfers betsveen funds
Net movement in funds for
the financial year
374,970
(6,3811
368,589
159.240
12,000
171.240
Reconciliation of funds:
Total funds beginning of the
year
14
720.588
12.000
732,588
561,348
561,348
Totsl funds at the end of
the year
1.095.558
5.619 1.101.177
720.588
12,000
732,588
The Statement of Financial Activities includes all gains and losses recognised in the financial year.
All income and expenditure relate to continuing aclivilie5.
The notes en page5 15 to 20 form part ofthe finanaal statements
12

ECF Trust
IA company limited by guarantso. not having a $har8 ¢apitall
Company Number: N1648897
BALANCE SHEET
as at 31 December 2023
2023
2022
Notes
Flxed Assets
Tangible assets
1,428,499
393,590
Current Assets
Debtors
Cash at bank and in hand
10
11
17,206
48.441
13.377
384,586
65,647
397,963
Credltors: Amounts falling due wlthln one year
12
1392,9691
{58,965)
Net Current ILiabllltlesllAssets
{327.322)
338.998
Total Assets less Current Liabilities
1,101,177
732,588
Funds
Reslricled trust funds
Designated funds (Unrestricted)
General fund {unrestricled)
5,619
1.054,370
41.188
12,000
322.322
398,266
Totsl funds
14
1.101.177
732.588
These financial statements have been prepared in accordance with the special provisions relating to small companies
within Part 15 of the Companies Act 2006.
The financial statements have been prepared in accordance with the provlsions applicable lo companies subject to
the small companies, regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK
and Republic of Ireland" applying Section 1A of that Standard.
Approved by the Board of Trustees and authorlsed for issue on 28 June 2024 and signed on its behalf by
Philip Emer
Director
Warwick MGCullough
Dlrector
The notes on pagès 15 to 20 form part orth8 fin8naal 5ts1gments
13

ECF Trust
STATEMENT OF CASH FLOWS
for the financial year ended 31 December 2023
2023
2022
Notes
Cash flows from operating activities
Nel movement in funds
Adjustments for..
Depiecialion
Interest receivable and similar income
368.589
171.240
14,942
16831
1.710
14021
382,848
172,548
Movements in working capital..
Movement in debtors
Movement in creditors
13.9531
{1 S,9961
{2.9861
49,129
Cash generated from operations
362,899
218.691
Cash flows from Investing activities
Interest received
Payments to aequire tangible assets
683
11.049.851)
402
1191,6251
Net cash used in investment aelimties
{1.049,168)
1191.2231
Cash flows from finaneing activities
New short term loan
Advances to subsidiarieslgroup companies
350.000
124
(3,5491
Net cash generated fioml{used inl financing activities
350,124
13.5491
Net (decrease}lincrease in cash and cash equivalents
Cash and cash equivalents at the beginning of the year
(336,1451
384.586
23,919
360.667
Cash and cash equivalents at the end of the year
11
48,441
384,586
14

ECF Trust
{A company limited by guarantee, not having a share eapitall
NOTES TO THE FINANCIAL STATEMENTS
for the finaneial year ended 31 December 2023
GENERAL INFORMATION
ECF Trust is a company limited by guarantee incorporated in Northern Ireland. The registered office of the
company is 238 Castle Lane. Lurgan, Co. Amiagh, BT67 9BD. Northern Ireland which is also the principal
place of business of the company The financial ststemenls have been presented in Pound 1£) which is also
the functional currency of the company.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The following a¢¢ounting policies have been applied consistsnlly in dealing with items which are considered
material in relation to the charity's ffnancial stalemenls.
Basis of preparation
The financial statements have been prepared on the going concern basis under the historical cost convention,
modified lo include ￿rtain items al fair value. The financial statements have been prepared in accordance
with the Statement of Recommended Practice ISORP} "Accounting and Reporting by Charities preparing their
accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland
FRS 102" applying Section 1A of that Standard.
As permitted by the Companies Act 2006. the company has varied the standard formats in that act for the
Slalement of Financial Activities and the Balance Sheet. Departures from the standard fornials are lo comply
with the requirements of the Charities SORP and are in compliance with section 4.7. 10.6 and 15.2 of that
SORP.
Statement of compliance
The financial statements of the company for the financial year ended 31 December 2017 have been prepared
on the going concern basis and in accordance with the Statement of Recommended Practice (SORPI
"Aecounting and Reporting by Charities preparing their accounts in accordan￿ with the Finaneial Reporting
Standard applicable in the UK and Republic of Ireland FRS 102" applying Section 1A of that Standard.
Fund accounting
The following are the categorises of funds maintained-
Restricted funds
Restricted funds represent ineome re￿iVed which can only be used for particular purposes, a5 specified by
the donors_ Such purposes are within the overall objectives of the company.
Unrestrlcted funds
Unreslricled funds consist of General and Designated funds.
General funds represent amounts which are expendable at the dis¢retson of the board. in fvrtherance of the
objeelives of the company.
Designated funds comprise unrestricted funds that the board has, al ils discretion, sel aside for particular
purposes. These designations have an administrative purpose only. and do not legally restrict the board's
di$¢relion to apply the fund.
Incomlng Resources
Voluntary income or capltal Is in¢luded in the Slalemenl of Financial Activities when the company is legally
enlilled lo it, ils financial value can be quant￿led with reasonable certainty and there is reasonable certainty of
its ultirnale re￿ipt. Enlitlemenl to legacies 15 considered established when the company has been notified of a
distribution to be made by the executors. Income re￿IVed in advance of due perfom)ance under a contract is
a¢counted for as deferred income until earned. Grants for activities are recognised as income when the
related Conditions for legal entitlement have been met. All other income is accounted for on an accruals basis.
Resources Expended
Al resour￿$ expended are accounted for on an accwals basis. Charitable activities include costs of services
and grants. Support costs and depreciation on related assets. Costs of generating funds Sifnilarly include
fundraising 8elivtlies. Non-staff costs not attributed lo one category of activity are allocated or apportioned
pro-rata lo the staffing of the relevant service. Finan￿, HR, IT and adminislralive staff costs are directly
attributable to individual activities by objective. Governance costs are those associated with conslilutional and
statutory reqU1￿Ments.
15

continued
ECF Trust
{A company limited by guarantee. not having a share capltal
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 December 2023
Tangible flxed assets and depreciation
Tangible fixed assets are stated at cost or at valuation, less a￿uMUlated depreciation. The charge lo
depreciation is Calculated lo write off the original cost or valuation of tsngible fixed assets, less their estimated
residual value. over their expected useful lives as follows..
Land and buildings freehold
Fixtures. fittings and equipment
2% Straight line
25¥0 Straight line
Debtors
Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued al
the amount prepaid nel of any trade diseounts due. Income recognised by the the company from government
agencies and other co-funders. but not yel received at year end, is included in debtors.
Cash at bank and in hand
Cash at bank and in hand comprises cash on deposit al banks requiring less than three months notice of
withdrawal.
Taxation and deferred ta￿￿tIOn
No current or deferred taxation arises as the Company has been granted charitable exemption. Irrecoverable
valued added lax 1$ expensed as incurred.
Deferred tax is recognised in respect of all timing differences that have Originated bul not reversed at the
balance sheet dale where transactions or events have occurred at that date that will result in an obligation lo
pay more tax in the future. or a right lo pay less lax in the future. Timing differences are temporary differences
be￿een the company's taxable ineome and its results as slated in the financial ststements.
Deferred lax is measured on an undiscounted basis at the tax rates that are anticipated lo apply in the periods
in which the timing differences are expected lo reverse, based on tax rates and laws that have been enacted
or substantively enacted by the balance sheet date.
INCOME
DONATIONS AND LEGACIES
Unrestricted Restricted
Funds
Funds
2023
2022
Donations and legacies
634,383
634.383
355.706
CHARITABLE ACTIVITIES
Unrostrictgd Restricted
Fund$
Funds
2023
2022
Grants from governments and other co-fundgrs:
Income from charitable activities
12,000
OTHER TRADING ACTIVITIES
Unrestricted Restricted
Funds
Funds
2023
2022
Other trading activities
20
INVESTMENTS
Unrestrict8d Rgstrictgd
Funds
Funds
2023
2022
Investments
683
683
402
EXPENDITURE
16

continued
ECF Trust
{A company Ilmltsd by guarantee, not having a sharè capital)
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 December 2023
CHARITABLE ACTIVITIES
Dlrect
Costs
Other
Costs
Support
Costs
2023
2022
Expenditure on charitable aclivltes
14.942
251,535
266,477
196.888
SUPPORT COSTS
Charitsble
Activities
2023
2022
Adminislartion Costs
Church Ministry
Other Support Costs
Rent
Staff Costs
23,784
54.762
28.530
33,301
111,158
23,784
54,762
28.530
33,301
111,158
4,369
25,833
27,360
39.140
98.476
251,535
251.535
195,178
ANALYSIS OF SUPPORT COSTS
2023
2022
Administartion Costs
Church Ministry
Other Support Costs
Rent
staff Costs
23,784
54.762
28.530
33.301
111,158
4,369
25,833
27.360
39.140
98.476
251,535
195,178
NET INCOMING RESOURCES
2023
2022
Net Incoming Resources are stated after chargingllcreditingl:
Depreciation of tangible assets
Audilorfs remuneration..
audit services
14.942
1,710
2,400
INVESTMENT AND OTHER INCOME
2023
2022
Bank interest
683
402
EMPLOYEES AND REMUNERATION
The staff costs comprise..
2023
2022
Wages and salarie$
Pension costs
108.920
2,238
96.345
2.131
111,158
98,476
17

continued
ECF Trust
IA company limited by guarantee, not havlng a sharè capilall
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 December 2023
TANGIBLE FIXED ASSETS
Land and
Flxtures,
buildings fittings and
freehold
equipment
Totsl
Cost
Al 1 January 2023
Additions
389,428
1.000.616
6,746
49,235
396,174
1.049.851
At 31 December2023
1.390.044
55.981
1,446,025
Deprgciation
At 1 January 2023
Charge for the financial year
46
947
2,538
13,99S
2,584
14,942
Al 31 December 2023
993
16,533
17.526
Net book value
At 31 De￿mber 2023
1,389,051
39.448
1.428.499
Al 31 December 2022
389,382
4,208
393,590
10.
DEBTORS
2023
2022
Trade debtors
Amounts owed by connected parties (Note 17}
Prepayments and accrued income
5.062
fj.176
5,968
4,200
6,300
2.877
17,206
13,377
11.
CASH AND CASH EQUIVALENTS
2023
2022
Cash and bank balances
48,441
384.586
12.
CREDITORS
Amounts falllng due within one yoar
2023
2022
Propety Loan
Trade creditors
Taxation and social security costs
Other creditors
Accruals and defer￿d in¢ome
350,000
39,761
324
{5001
3.384
51.243
845
3.700
3,177
392,969
58.965
13.
RESERVES
2023
2022
At the beginning of the year
Surplus for the financial year
732.588
368.589
561.348
171.240
Al the end of the year
1,101,177
732,588
18

continued
ECF Trust
IA company Ilmltèd by guarantee, not having a share capital)
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 December 2023
14.
FUNDS
14.1 RECONCILIATION OF MOVEMENT IN FUNDS
Unrestrlcted Restrictgd
Funds
Funds
Total
Funds
Al 1 January 2022
Movement during the financial yeai
561,348
159,240
561.348
171.240
12,000
Al 31 December 2022
Movement during the financial year
720.588
374,970
12.000
{6.3811
732,588
368.589
At 31 De¢ember 2023
1.095.558
5,619
1,101.177
14.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balance
1 January
2023
Income Expenditurg
Transfers
Balance
betwggn 31 December
funds
2023
Restricted funds
Wilson Trust Grant
Unrestricted fund$
Mission Fund
Building Fund
Unreslricled General
12,000
6,381
5.619
1.300
321,022
398,266
1.300
733.348
1733.348}
1,054,370
41.188
63S.066
258,796
720.588
635.066
1260,096)
1,095,558
Total funds
732.588
635.066
266,477
1,101.177
15.
STATUS
The company is limited by guarantee not having a share capital.
The liability of the members is limited.
Every member of the company undertakes to contribute lo the assets of the company in the event of its being
wound up while they are members. or within one year thereafter, for the payment of the debts and liabilities of
the company Contracted before they ceased to be members. and the costs, charges and expenses of winding
up, and for the adjustment of the rights of the contributors among themselves. such amount as may be
required. not exceeding £ 1.
16.
CAPITAL COMMITMENTS
2023
2022
Details of capital eommitments al the
accounting dale afe as follows=
Appioved but not yet contracted for
710,000
17.
RELATED PARTY TRANSACTIONS
The company had transactions with other connected parties. The foll¢)wing amounts are receivable at the
financial year end..
Balance
Movgment
2023 In financial
year
Balance
2022
Maximum
in financial
year
6.176
1124)
6.300
19

onlinued
ECF Trust
IA company Ilmlted by guarantee. not having a share capltall
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 December 2023
The Emmanuel Church Lurgan Trust is a Related Party, operating and registered in Northern Ireland. At the
year end £6.176 owed lo ECF Trust for management services provided lo The Emmanuel Trust Church
Lurgan Trust.
At the year end £2.550 was also owed to The Emmanuel Lurg8n Trust for services provided to ECF Trust.
During the year £72,498 was donated from The Emmanuel Church Trust lo ECF Trust Building Fund.
18
RECONCILIATION OF NET CASH FLOWTO MOVEMENT IN NET DEBT
Opening
balance
Cash
flows
Closing
balance
Short-term borrowings
1350,0001
{350.0001
Total liabilltles from flnancing activities
(350.000}
1350.0001
Total Cash at bank and in hand {Note 111
48,441
Total net debt
1301.5591
19.
POST-BALANCE SHEET EVENTS
There have been no significant events affecting the Charity since the financial year-end.
20.
TRUSTEE REMUNERATION
None of the Trustees re￿iVed or waived any kind of remuneration for their servitss as
Trustees during the current or previous financial year.
20