Church of God at Shankill STATEMENT OF FINANCIAL ACTIVITIES forlhe fin8ncHI year ended 30 September 2025 Unrestricted Funds 2025 Total Unrestrided Fund$ Fund$ 2025 2024 Total Furvjs 2024 Note8 Inwne Donatior and legaaes Charitable activiti'es other trading acb'vities Investments Othef ino)me 51,400 10.421 8,538 51.400 10,421 8.538 36 1,000 60.$45 12.290 11,730 73 1,230 60,545 12,290 11,730 73 1,230 1.000 Total income 71,395 71.395 85,868 85.868 Expenditure Charitable tIvitIeS 85,S13 85,S13 86,742 66,742 Ilet Incomellexpendlturel 114,1181 {14.1181 18741 {874} Transfers bets¥e fvnd$ Net movement In fvnds for th• flnanclal y•ar {14,118} 114,1181 {874) 18741 Reconcillation of funds.. Total fund5 beginning of the year 15 499,012 499,012 499,886 499.886 Total fund$ at tho ond ol tho year 484,894 484,894 499.012 499,012 The Statement of Finanaal Acttvrtiès includes all gains and 1055es rEcognised in the finantial ar. l income and expenditure relate to continuing actilIeS. Thè notea i4h pigeJ 12 lu 10 Ivi+il pail uf1118 fii)ai)ual Sialthili1s 10
Church of God at Shankill BALANCE SHEET as at 3Q September 2025 2025 2024 Not•s Flxod Assets Tangible asse15 11 480,000 490,000 Current Assets Cash at bank and in hand 9,020 11,028 Creditors: Amounts falllng due wlthln one year 12 14,1261 12,016} Net Current Assets 4,894 9.012 TotsS Ass•ts less Curr•nt Llabiliti•s 484.894 499.012 Funds General fund lunreslricted} 484,894 499.012 Total funds 15 484.894 499,012 The finanaal statements have been prepared in accordan wllh the provisions applicable to companies Bubject to Ihe small companies, regime and in aordanCe FRS 102 'The Financial Reporb'ng Slandard applicable in the UK and Republic of Irelan¢f, apptying Section 1A of that Standard. Approvad by Board of Trustoes and authorrBed for issue on behalf by UL Y Zoz6 and SIgn on Its Pastor S Re Trusteg nol(ts The notas on pages 12 to 16 fr>rm part of tha financaal 3talen*nts
Church of God at Shankill NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 30 September 2025 GENERAL INFORMATION Church of God at Shankill is a charity incorporated in North8m Ireland. The registered Offi of the charity 18 Church of God Shankill, 225 Conway Street, Bèlfast, Antiim, BT13 2DE which is also the principal place ol business of the charity. The ffinanGial statements have been presented in Pound (£1 vthith is also the functional currenry of the charty. SUMMARY OF SIGNIFICANT ACCOUNTING POUCIES The following accounting policies have been applieil consistently in dealing with items which are cons(dered material in relation to the charty's finandal stsl¢menls. Basis of preparntion The finanual statements havè b8•n prepar8d on the going cgnc8m basis und&r the historical cost convention, modtfied to include certain items at fair value. The financi81 stslements have been preparejj in ac1rdanCe with the Statement of R¢¢omm¢nd¢d Pra¢tic& ISORPI "Accounb"ng and Ropc>rts"ng by Ch¥r"e5 preparing theii accounts in accordance with the Fin8nci81 Rèporting Standard applicabl& in the UK and RepU1C of Irèland FRS 102. applying Section 1A of that St8ndard. As pemiitted by the Companies Aet 21X)6, the ¢harty ha$ varted the stsndard formats in that act for the Statement of Financial Activities and the Balan¢¢ Sheet. Departu$ from the standard formats are to comply with the requirements of the Charities SORP and are in compliance with section 4.7. 10.6 and 15.2 of that SORP. Staternent of compliance The finanaal statements of the charity for the financial year ended 30 September 2025 have been prepared on the going concem basis and in accordan with the Statement of Recomrnended Practice ISORPI Accounting arml Repgrting by Chan¢& preparing their )nIS in accordance with the Financial Reporbng Standard appIlble m the UK and Republic of Irèland FRS 102". applying Section 1A of that Standard. Fund accounting The following are the categories of funds maintained.. Re8tricted funds Restri fijnds represent income reiVed which can only be used for particular purposes, as ecifIed by the donors. Suth purposès are wrthin the overall objectives of the charity. Unrestricted funds Unrestricted fuThJs consist of Gènaral and Design8led funds. . General funds represent amounts which are expendable at the dISction of the board, in furtherance of the objectives of the tharity. Designated funds comprise unrestricted funds that the board has, at ils discrètion, set aside for particular purposes. These designations hBve an administrativè purpose only. and do not 169a1 restrict the board's discretion to apply the fijnd. Income Income is renised by Indusion in the Slalement of Financial Activities only when the Charity Is l¢gally entitled to the incc4ne. pèrfomance conditi()ns attachéd to the rtemlsl of income have Wn mat, th6 amounts involved can bè mè8sur8d wlh 8uffioent reliability and it 15 probable that the incorne will be raceivèd by the charity. In¢om& from ¢haritable actlvltle5 ncome from chartsble activities indude income earned from the supply of services uThYer cOntrtu81 arr8ngementS 8nd from perfomiance related grants whh have conditions that specify the provision of particular Services lo be provided by the charity. Income from government and other co-funders is recognised when the charity is legalty entided to the iome because it is fuffilling the condrtions contained in the related funding agreements. Vvhere a grant is reiVed in advance, its reo)gnition is deferred and induded in ceditors. Mthère entiuement ctcurs before incorne is received. il is accrued in debtors. Grants from govemments other o>fvnders typically include one of the following types of condibons.. . Perfofmance based condilion$.' whetoby tho ¢harity 1$ o)ntro¢hAally trnlillod to funding only to thè •xtent that thp rnrp nhjpctiv#s of th• grant agrg•m•nt ar• achi4vd. Vlfftgr* thg eharity 1$ rn9•ting th• cor• obj•ctiv•s of grant agreement. it recogni$os tho relglerj expendiluro. to the oxtont that it is rgimbursable by the donor, as 12
continuéd Church of God at Shankill NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 30 September 2025 Income. .Time based conditk)n$'. whereby the charity is o)ntractually ente lo funding on the condition Ihgt it is uts'lised in a particular pÈrit)d. In these cases the charty recognises the income to the extent it is utilised within the pwiod spectfièd in th8 agfeement. In the 8bsen¢e of such conditions, assuming that receipt 18 prc)8tAè 8nd the amount can be reliably Tneasured, grant irwm8 1$ re¢ognlsed once the charity is notified of enteMent. Gr8nts received towards ipital expenditure are credited to the Stslement of Financial Activilios wh¢n or recgNab18. which•v8r is &adier. Expenditure Expenditure is analysed between Costs of charitable activities and raising funds. The costs of aach aiaivty are separdlety aUMUlated and disdosad, and analysed according to their major components. Expendrturts is ecognised when a legal or Gonstructive obligation eKists as a result of a past ev$nl. 8 transfer of e¢LN)omi¢ benefits is required in sewemenl and the amount of the obligation can be reliaWy rneasurèd. Supp(xt costs are those functions that a38i$t the work of the Charity but (annot be attributed lo one adivtty. Such costs are allocated lo activtties in proportion lo $18ff time Spent or other suitable measure for each adivtty. Tangible fixed assets and d•pr•eiatlon Tangible fixed assèts ar8 stated at cost or at valuation, less auMUlad depre¢iation. The charge to depreryalion 15 C8lculaled 19 wrrte off th8 original cost or valuation of tangible fixed 8ssèts, less their esth"mated residual value, over their expected useful lives as follows.. Land and buildirgs freehold 2% Straight line Cash at bank and In hand Cash at bank and in hand comprises cash on deF4>srt at bonks requiring less than three months notr¢e ot withdrawal. Taxation and dèf•rr•d taxation No cUrnt or deferred laxation arises as the charity has been grantsd charitable exemption. IVerale valu8d added tax is expansed as inCud. Deferred tax is recognised in respect of all timing diffeienc8s that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligatKJn to pay Tnore tax in the future, or a right to pay lèss tax in the fLrture. Timing differences are temporary differgnc8S beeen the tharitys t8xable proffils and its rèsults as stated in the financial staternents. Deferreil tsx is me8stJred on an undiscounted basis at the tax rates that 8re anticipatÈd to apply in the perhS in whi¢h the liming d[ffone¢S a expected to reverse, based on tax rate5 and laws that have been enacted or subslanlively enacted by Iho balance $heet date. Pension• The tharity t)perates a definèd )ntrIbutIon pension scheme for ernployees. The 88sets of the scheme are held sepaialgly from those of the charity. Annual contributions payable lo the charity's pension scheme are tharged to Ihe proffil and loss auxiunl in the perlod lo whith they relate PROVISIONS AVAILABLE FOR AUDITS OF SMALL ENTITIES In common with many other charity of our size and nature, w• use our auditors to assist vnth the prapBr8bon of the financial statements. INCOME DONATIONS AND LEGACIES UnreBtrlctsd R•strleted Funds Funds 2025 2024 13
onts'nuèd Church of God at Shankill NOTES TO THE FINANCIAL STATEMENTS lor the financAal year ended 30 Septernber 2025 Offerings Donabons ission Donations GranlslFunding 28.533 14,853 28,533 14,853 37.252 14.928 7,365 1,000 8,014 8,014 51,400 51,400 60,545 CHARITABLE ACTIVITIES Unrostrl¢tsd Restrfctsd Fund8 Funds 2023 2024 Access Nl Payments Gift Aid Building Fund 1.616 6,381 2,424 1,616 6,381 2.424 . 2.053 6.494 3.743 10,421 10,421 12.290 OTHER TRADING ACTIVITIES unrtrIcttd R•strfcted Fund8 Funds 2025 2024 Other tradlng 8¢tivilio$ 8,538 8,538 11,730 INVESTMENTS Unrestricted Restricted Funds Funds 2025 2024 Inveslmonls 36 36 73 OTHER INCOME Unrestricted Restricted Funds Funds 2025 2024 Other income 1,000 I,OfyJ 1,230 EXPENDITURE CHARITABLE ACTtVlTIES Dlr8et Costs Othor Costs Support Cosls 2025 2024 Ch8ritable Activty 83,403 2.110 85,513 86.742 SUPPORT COSTS Charftsblo A¢t1vIa$ 2025 2024 Support 2,110 2.110 2,016 MET INCOME 2025 2024 Nèt Income Is stated after charglngllcrgdlttngl: DepreCiatIL of tangible Bssets Independenl Examinerfs MneratIon.. independent examination services 10,000 10.IX)O 2.110 2.016 14
¢onlinu¢d Church of God at Shankill NOTES TO THE FINANCIAL STATEMENTS for the finanual year ended 30 Seplembei 2025 INVESTMENT AND OTHER INCOME 2025 2024 Bank InteSt 36 73 EMPLOYEES AND REMUNERATION Number of omploy¢•$ The average numbor of person$ employed linduding executive trustees) during the financial year was as foll$.. 2025 Numbgr 2024 Number Number of Staff The staff costs comprise.. 2025 2024 Wages and salaries Pension $15 23,496 3,305 23,579 1,2CK) 26.801 24,779 One Injstee was in receipt of remuneration, during the year In relation to their engagement 88 Pastor. The total of such rernuneralion during the year. ex¢ludin9 pension and social security costs was £21,520. EMPLOYEE BENEFITS Thero gte 8mploy8•s who r8c•ived employee benefils {exduding amployer pension coslsl of more than £60,OTrJ If70,LYX)I for the repo"ng period. 10. Other Employee Benefits 2025 21Y24 Other Employee Benerrts 345 11. TANGIBLE FIXED ASSETS Land arml buildings freehold Total Cost At 30 Sept8mbe( 2025 500,000 500.000 D¥preeiatton At 1 Octobèr 2024 Charge forthe fin8n(ial ye8r 10,000 10,000 10,CK)O 10,ThJO AI 30 September 2025 20,000 20,cM)O Net book value At 30 Sept8mber 2025 480,000 460,000 At 30 September 2024 490,000 490.000 15
o)ntinue Church of God at Shankill NOTES TO THE FINANCIAL STATEMENTS for the financ1 year ended 30 September 2025 12. CREDITORS Amounts falling due within one year 202S 2024 Trade crediloTS 4.126 2,016 13. PENSION COSTS . DEFINED CONTRIBUTION The charity operates a defined cL)ntrib¢Jtion pensKn scheme. The assets of Ihe scheme a hel¢J $eparately from those of the charity in an independently administered fvnd. Pension o)sts amounted to £3.30512024 - £1,200). 14. RESERVES 2025 2024 At the beginning of the year Def1t for the ffinancial year 499,012 114,118} 499.886 18741 At the end of ihe year 484,894 499.012 15. 15.1 FUNDS RECONCIUATION OF MOVEMENT IN FUNDS Unrnstrl¢ted Funds Tctrtsl Funds At l October 2023 Movement during the finarrial year 499,886 18741 499,886 18741 At 30 Septernber 2024 Movement during the finanaal year 499,012 114,118) 499.012 {14,118) AI 30 September 2025 484.894 484.894 15.2 ANALYSIS OF MOVEMENTS ON FUMDS Balance 1 October 2024 Income Expendlture Transfers Balance between 30 September funds 2025 Unrestricted funds Unrestricted General 499,012 71.395 85,513 484.894 Total funds 499,012 71,395 85,513 484.894 15.3 ANALYSIS OF NET ASSETS BY FUND Fix•d as¢ts - Charity u$• Curront Current Ilabilities Total Unrestricted general funds 460.000 9,020 14,1261 484,894 480.000 9,020 14,1261 484.894 16. POST-BALANCE SHEET EVENTS Tr• hava been no slgnlficanl events affecting the Charfty $ln¢¢ the finanoal y&ar-8nd. 16