Portstewart Baptist Church Annual Report and Audited Financial Statements for the financial year ended 31 December 2024 M¢Cleary & Company Ltd Chartargd Accountants and Reglstored Auditors Garvey Studios 14 Longstone Streel_ Lisburn Co. Antrim BT28 1TP Charlty Number: 108322 Portstewart Baptist Church CONTENTS Page Trustees, and Other Information Trustees, Report Statement of Trustees, Responsibilities Independent Auditor's Report Statement of Financial Activities 10 Balance Sheet Statement of Cash Flows 12 Notes to the Financial Statements 13-18 Supplementary Informalion relating to the Financial Statements 20 Portstewart Baptist Church TRUSTEES, AND OTHER INFORMATION Trustees Kris Fairfield David Barnett Michael Williams Stephen McKenzie Jonathan Dixon Derek Leighlon David Johnston Loreen Williams Alison Wade {Appointed 25 September 20241 Paul De Cock (Resigned 5 September 2024} David Frazer Kim Berrisford Mark Sheridan Lee Jennings (Resigned 31 May 20241 Anne Witherow Graham Stirling (Resigned 19 March 2024) Alan Millen {Appointed 25 September 2024} Tommie Linton Chris Blair (Appointed 25 September 2024) Garth Mahood Jonathan McGreevy Robert Kane Brenda Blair John Allen (Appointed 25 September 2024) Gibson Evans {Resigned 14 March 2024) Mallhew Dunlop (Appointed 25 September 20241 Thom Collis (Appointed 25 September 2024) Matthew Wright (Resigned 19 March 2024) Charity Number in Northern Ireland 108322 Principal Address 172-174 Coleraine Road Portstewart B T55 7PL Auditors Mccleary & Company Ltd Chartered Accountants and Registered Auditors Garvey Studios 14 Longstone Street Co. Antrim Lisburn 8T28 1TP Portstewart Baptist Church TRUSTEES. REPORT for the financial year ended 31 December 2024 The Iruslees present their Trustees, Report and the audiled financial statements for the financial year ended 31 December 2024. The financial statements are prepared in accordance with the Charities Act (Northern Ireland} 2008, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their financial ststements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. The Trustees, Report contains the information required to be provided in the Trustees, Annual Report under the Slalement of Recommended Practice {SORPI guidelines. The trustees of the charity are also charity Iruslees for the purpose of charity law and under the charity's constitution are known as members of the board of trustees. In this report the trustees of Portstewart Baptist Church present a summary of its purpose. governance, activities, achievements and finances for the financial year 31 December 2024. The charity is a regISte￿d charity and although not obliged to comply with the Statement of Recommended Practi applicable in the UK and Republic of Ireland FRS 102, the organisalion has irnplemenled its recommendations where relevant in these financial statements. Mission, Objectives and Strategy Mlssion Statement Portstewart Bapts'st Church ('Ihe Church") acknowledges the headship of Jesus Christ over his Church and exists to glorify the triune God by maintaining and promoting His worship both individually and corporately. Objectives The principal charitable object of the Church is the advancement of the Christian faith according lo the teaching of scripture. understood in its historical and evangelical sense. the Doctrinal Slalemenl and Baptist principles. Ils members devote themselves to the teaching of scripture, to fellowship. breaking of bread, prayer and evangelism. The activities carried out by the Church include: holding regular services for public worship, prayer. Bible study, preaching and teaching for all age groups-. providing pastoral care to the members of the church through visitation and prayer.. organising meetings and events that promote our charitable purpose.. participating in the life of the local community-, supporting other Christian organisalions and charities through volunteering, financial gifts and prayer. The trustees have paid due regard to guidance issued by the Charity Commission of Northern Ireland in deciding what activities the church should undertake Strategy The Church meets the public benefit requirement by providing benefit to its members and the general public by making known the Christian gospel of the Lord Jesus Christ through the advancement of the Christian faith. Sunday Services We-hold->serviee8-e8Ch-Sunday￿tth￿n-average. attendance" of 600.-Al peak hollday season, this increases.to 3" seNi¢es on a Sunday dtje to the large influx of holidaymakers when we have more than 1.000 in attendance each Sunday. Small Groups 15 small groups meet weekly across the areas of Portnjsh. Portslewart. Bushmills. Coleraing and Ballymoney. for Bible study and prayer. The average attendance in each group is 20 people. Youth Groupslsummer Bible Clubs Holiday 8ible Club.. 110 children of prtrnary school age attended our Holiday Bible Club each morning for a week during the Easter holidays. This was run by our Youth Coordinator and a team of volunteers alongside a Baptist Youth team. Each day consisted of Bible stories, ¢raft, snacks and games and finished on Friday with a BBQ for the children and their parents. Easter Youth Carnp.. 50 young people of high school age attended our 3 day Easter Camp and enjoyed a range of activities including a day out to a water park and games on the beach. Sports Camp In August.. 131 children in P3-P7 allended each evening for a week, learning and improving their football and hockey ski115 and enjoying a Bible message from the leaders Portstewart Baptist Church TRUSTEES. REPORT for the financial year ended 31 December 2024 Baptisms 12 people were baptised during 2024, some in the sea and some in the baplistry in the church building. Membership 332 Finan¢lal Review The results for the financial year are set out on page 10 and additional notes a￿ provided showing income and expenditure in greater detail. Results and Dividends At the end of the financial year the charity has assets of £4,850.615 12023 £4,668,025} and liabilities of £12,900 12023 - £6,276). The net assets of the charity have increased by £175,966. Reseryos Positlon and Pollcy There are no funds held by the Church that are materially in deficit. Structure. Governance and Management Governing document The charity is controlled by its governing document. a deed of trust and constitutes an unincorporated charity. Referen¢• and administrative dotails Registered Charity number 108322 Trustees The trustees who served throughout the financial year, except as noled, were as follows.. Kris Fairfield David Barnett Michael Williams Jonathan Dixon Stephen McKenzie David Johnston Derek Leighlon Loreen Williams Alison Wade {Appointed 25 September 20241 David Frazer Paul De Cock {Resigned 5 September 2024) Kirn Berrisford Mark Sheridan Anne Witherow Lee Jennings (Resigned 31 May 20241 Alan Millen (Appointed 25 September 2024) Graham Stirling {Resigned 19 March 2024) Tommie Linton Chris B18ir {Appoinled 25 September 20241 Garth Mahood Jonathan McGreevy Robert Kane Brenda Blair Gibson Evans (Resigned 14 March 2024) John Allen (Appointed 25 September 20241 Thom Collis (Appointed 25 September 2024) Matthew Dunlop (Appointed 25 September 2024) Matthew Wright {Resigned 19 March 2024} In accordance with the Constitution. the trustees retire by rotation and, being eligible. offer themsefves for re-election. Principal address 1721174 Coleraine Road, Portstewart. Co.Londonderry. BT55 7PL Compliance with Sector-wide Legislation and Standards The charity engages pro-actively with legislation, standards and codes whlch are dev6loped for the sector. Portstewart Baptist Church subscrib8s lo and is compliant with the following.. The Charities SORP {FRS 1021 Approved by the Board of Trustees on 24 September2025 and signed on Its behalf by: Tommle Llnton Trustee Brenda Blalr Trustge Portstewart Baptist Church STATEMENT OF TRUSTEES. RESPONSIBILITIES for the financial year ended 31 December 2024 The trustees are responsible for preparing the financial statements In accordance with applicable law and regulations. The law applicable lo charities in Northern Ireland requires the trustees lo prepare financial stat8menls for each financial year which give a true and fair view of the assets, liabilities and financial position of the charity as at the financial year end date and of the surplus or deficit of the charity and olhetwise comply with the Charities Act (Northern Ireland} 2008. In preparlng these financial statements, the trustees are required to.. select suitable accounting policies and apply them con$istenlly', observe the methods and principles in the Charities SORP make judgements and accounting estimates that are reasonable and prudent., slate whether the financial statements have been prepared in accordance with applicable accounting standards identify those standards, and note the effect and the reasons for any material departure from those standards. and prepare the financial statements on the going concern basis unless il is inappropriate to presume that the charity wlll continue in operation. The trustees confirm that they have complied with Ihe above requirements in preparing the financial slatemenls. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act {Northern Ireland) 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Board of Trustees on 24 September 2025 and signed on its behalf by: Tommle Linton Trustee Brenda Blair Trustee INDEPENDENT AUDITOR'S REPORT to the Members of Portstewart Baptist Church Report on the audlt of the financial statements Oplnion We have audited the charity financial statements of Portstewart Baptist Church {'Ihe chariV} for the financial year ended 31 December 2024 which comprise the Slalemenl of Financial Activities, the Balance She&l, the Statement of Cash Flows and notes to the financial statements, including Ihe summary of significant accounting policies sel out in note 2. The financial reporting framework that has been applied in their preparation 1$ applicable law and United Kingdom Accounting Standards, including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102. In our opinion, when reporting in accordance with a fair presentation framework the financial ststemenls.. give a Irue and fair view of the stale of the charity's affairs as at 31 December 2024 and of ils surplus for the financial year then ended- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice- and have been prepared in accordance with the requirements of the Charities Act (Northern Ireland) 2008. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) IISAS (UKII and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial slalements section of our report. We are independent of the charity in accordance with ethical requirements th81 are relevant to our audit of the financial statements in the UK, including the FRC'S Ethlcal Stsndard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the altdil evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to golng Concern In auditing the financial slalemenls, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial slalements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively. may cast signifi¢anl doubt on the charity's ability lo continue as a going concern for 8 period of 8t least twelve months from the date when the financial slalemenls are authorised for issue. Our responsibilities and the responsibilities of the Iruslees with respect to going concern are described in the relevant sections of this report. Other Inforniation The other infomialion comprises the information included in the annual report other than the financial statements and our AUdit0￿S 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 infomialion and, except to the extent othe￿iSe explicitly staled in our report. we do not express any form of assurance conclusion thereon. Our responsibility is to read lh6 other infomialion and, in doing so. consider whether the other Snformalion Is materially inconsistent with the financial slalements or our knowledge obtained in the course of the audit. or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we ar8 required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed. we conclude that there is a material misslalemenl of this other information, we are required to report that fact. We havg nothing to report in this regard. Opinion on other matter prescrlbed by the Companies Act 2006 In our opinion. based on the work undertaken in the course of the audit.. the infomiation given in the Trustees, Report for the ffnancial year for which the financial statements are prepared is consistent with the financial slaternenls., and the Trustees, Report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of our knowledge and understanding of the charity and ils environment obtained in the course of the audit. we have not Sdenlified material misstatements in the Trustees. Report. We have nolhirsg to report in respect of the following matters where the Charities Act (Northem Ireland) 2008 requires us lo 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 ￿turns., or certain disclosures of_lrustees, remuneration spe¢ifi8d by law are not made; or we have not received all the information and explanations we require for our audit. the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and lake advantage of the small com anies, exemption in preparing the Trustees, Annual Report. INDEPENDENT AUDITOR'S REPORT to the Members of Portstewart Baptist Church Responsibllities of trustees for the financial statements As explained more fully in the Statement of Trustees, Responsibilities set out on page 6, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misslalemenl. whelher due to fraud or error. In preparing the financial statements. the Iruslees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable. matters related to going concern and using the going concern basis of accounting unless management either Intends to liquidate the charity or to cease operations, or has no realistic alternative but to do so. Auditor's responsibllitle$ for the audit of the financial statements Our objectives are lo obtain reasonable assurance about whether the financial slalements as a whole are free from material misstatement, whether due lo fraud or error, and lo issue an Audilorfs Report that includes our opinion. Reasonable assuran¢e is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered malerial if, individually or in the aggregate. they could reasonably be exp8Cted to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non