TRUSTEES, ACCOUNTS THE CHURCH OF GOD AT BALLYMONEY YEAR ENDED 30 SEPTEMBER 2023 THE CHURCH OF GOD AT BALLYMONEY YEAR ENDED 30 SEPTEMBER 2023 Contents Pages Independent Examiners report Income and Expenditure account Balan￿ sheet Notes to the accounts THE CHURCH OF GOD AT BALLYMONEY INDEPENDENT EXAMINERS REPORT YEAR ENDED 30 SEPTEMBER 2023 I report lo the trustees on my examination of the financial statements of The Church of God at Ballymoney ('the club charily,) for the year ended 30 September 2023. Responsibilities and basis of report As the trustees of the club charity you are responsible for the preparalion of the financial stalements in accordance with the requirements of the Charities Act (Northern Ireland) 2008 (the '2008 Act'l. You are satisfied that your club charity is not required by charity law to be audited and have chosen instead to have an independent examination. I report in respect of my examination of the club charity's financial statements as carried out under section 65 of the 2008 Act. In carrying out my examination I have followed the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the 2008 Act. Independent examiner's statement I have completed my examination. l confirm that no matters have come to my attention in connection with my examination giving me cause to believe that in any material respect-. accounting records were not kept as required by with section 63 of the 2008 Act,. or the financial statements do not accord with those records., or the financial statements do not comply with the accounting requirements of the 2008 Act-, or the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. Michael Flannigan FCA Independent Examiner Linenhall Exchange 1 st Floor, 26 Linenhall Street Belfast Northern Ireland BT2 8BG THE CHURCH OF GOD AT BALLYMONEY INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2023 2023 2022 INCOME Offering Gifts and Fundraising Events Happy Days Childcare Centre.. Service Charge Interest Received other income - Power Nl 342,066 20,488 36,750 8,224 600 361,140 19,386 42,250 340 408,128 423,116 EXPENDITURE Salaries Pastoral Expenses General Offi Local Office Property Maintenance, Cleaning & Caretaker Audio Visual Sound and Recording System Light, Heat and Water Insurance Rates and Ground Rent Ministers and Visitors Travel Expenses Home and Foreign Missions Advertising and Printing Literature, Discs and Cassettes Conventions and Social Events Children & Youth Work Motor Vehicle Expenses Furnishings and Equipment Depreciation Legal and Professional Fees Accountancy and Audit Fees Bank Fees 152,898 5,581 2,400 6,940 22,798 306 29,086 5,550 1,484 2,551 21,785 1,071 1,769 1.741 4,917 5,612 6,702 3,535 2,082 635 130,965 6,989 2,400 5,704 21,722 5,187 15,579 5,885 159 400 20,981 3,041 3,759 1,024 61 7,020 6,123 1,419 2,082 548 TOTAL EXPENSES 279,443 241,048 NET SURPLUS FOR YEAR 128,685 182,068 NET SURPLUS FOR YEAR, ALLOCATED:. Capital Fund Accumulated Surplus 50,12q 78,564 (4,032) 186,100 128,685 182,068 The notes on page 4 foTm part of these accounts ## **THE CHURCH OF GOD AT BALLYMONEY** ## **BALANCE SHEET AS AT 30 SEPTEMBER 2023** |||**2023**|2022| |---|---|---|---| ||**Notes**|£|£| |**FIXED ASSETS**|||| |Church Land and Buildings|**1**|**420,996**|370,596| |Land, Childcare Buildings and Car Park|**1**|**1,138,130**|1,138,130| |Furnishings and Equipment: Church|**1**|**178,637**|178,916| |Furnishings and Equipment: Childcare Centre|**1**|**43,681**|43,681| |Motor Vehicles|**1**||| |||**1,781,444**|1,731,323| |Less: Interest Free Loans from Members|||| |||**1,781,444**|1,731,323| |**CURRENT ASSETS**|||| |Danske Bank: Current Account||**49,923**|27,518| |Danske Bank: Building Fund Account||**858,773**|800,673| |Other Debtors||**23,400**|23,259| |||**932,096**|851,450| |**LESS: CURRENT LIABILITIES**|||| |Sundry Creditors||**(7,254)**|(5,172)| |**NET CURRENT ASSETS**||**924,842**|846,278| |**NET ASSETS**||**2,706,286**|2,577,601| |**FINANCED BY:­**|||| |**CAPITAL FUND**|||| |Balance at 30 September 2022||**1,731,323**|**1,735,355**| |Add: Net Income for Year||**128,685**|**182,068**| |Transfer to/from Accumulated Surplus||**(78,564)**|**(186,100)**| |Balance at 30 September 2023||**1,781,444**|1,731,323| |**ACCUMULATED SURPLUS**|||| |Balance at 30 September 2022||**846,278**|660,178| |Add: Net Income for Year|||| |||**846,278**|660,178| |Less: Transfer from/to Capital Fund||**78,564**|186,100| |Balance at 30 September 2023||**924,842**|846,278| |**TOTAL FUNDS**||**2,706,286**|2,577,601| The accounts were approved by the Board of Trustees on 14th June 2024. **The notes on page 4 form part of these accounts** **- 3 -** THE CHURCH OF GOD AT BALLYMONEY NOTES TO THE ACOUNTS- 30 SEPTEMBER 2023 1. FIXED ASSETS Church Land & Buildin gs Church Childcare Motor Childcare Furnishings Furnishings Vehicle Centre & and Car Park Equipment Equipment Total COST At 30 September 2022 Additions during year Disposals during year At 30 September 2023 420,996 1.138,130 DEPRECIATION At 30 September 2022 Charge for the year Depreciation on disposals At 30 September 2023 NET BOOK VALUE At 30 September 2023 420,996 1,138,130 At 30 September 2022 370,596 1,138,130 370,596 1,138,130 50,400 207,522 6,423 43.681 27,944 1,787,873 56,823 213.945 43,681 27,944 1,844,696 28,606 6,702 27,944 56,550 6,702 35.308 27,944 63,252 178.637 43,681 1,781,444 1,731,323 178,916 43,681 DEPRECIATION Motor vehicle is depreciated at 20/ per annum. Buildings, furniture and equipment are not depreciated. INSURANCE VALUATIONS The Church's properties and contents are insured against loss by fire for the following amounts at 31 October 2023.. Church and Hall- Buildings and Contents Childcare Centre- Building and Contents 7.061,460 1,158,150 BASIS OF PREPARATION The accounts have been prepared on an accrual basis. All incoming resources are included in the accounts when entitlement has passed to the charity, il is probable thal the economi¢ benefit5 associated with the transaction will flow to the charity and the amount can be reliably measured. Similarly, expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fulty recovered, and is classified under headings to which it relates.