CHARITY REGISTRATION NUMBER.. 108336 THE CHURCH OF GOD AT BALLYMONEY UNAUDITED FINANCIAL STATEMENTS 30 SEPTEMBER 2025
THE CHURCH OF GOD AT BALLYMONEY FINANCIAL STATEMENTS YEAR ENDED 30 SEPTEMBER 2025 Page Independent examinerfs report to the trustees Statement of financial activities Statement of financial position Notes to the financial statements The following pages do not fomi part of the financial statements Detailed statement of financial activities 11
THE CHURCH OF GOD AT BALLYMONEY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE CHURCH OF GOD AT BALLYMONEY YEAR ENDED 30 SEPTEMBER 2025 report to the trustees on my examination of the financial slalements of The ChurGh of God al Baltymoney I'lhe charity'l for the year ended 30 September 2025. Responsibilitie5 and ba$1$ of report As the trustees of the charty you are responsible for the preparation of the financLal statements in accordance with the requirements of the Charities Act (Northem Ireland) 2008 Ilhe .2008 Act'l. You are satisfied that your chanty is not required by charity law to be audited and have chosen instead lo have an independent examination. I report in respect of my examination of the charty's financial slalemenls as carried out under Section 65 of the 2008 Act. In carrying out my examinalton I have followed the gerTal Directions giv8n by the Charity Commission for Northern Ireland under section 6519}Ibl of the 2008 Acl. Independent examinerfs statomont Since the charity's gross income exceeded £250.000 your examiner must be a member ol a body listed in sg¢1ion 65 of the 2008 Act. I confirm that l am qualified lo undertake the examination because l am a mwnber of Chartered Accounlanls Iieland, which is one of the listed bodigs. I have completed my examination. I confirm that no matters have come Éo my attention in connection w(th my examination giving me cause lo believe thal in any material respect.. accounting records were not kept as required by with section 63 of the 2008 Act,. or the financial statement$ do not accord w(Ih those records.. or the financial statements do not cornpty wrth the accounting requirements of the 2008 Act,. or the financial statement5 do not comply wf(h the applicable requirements conceming the form and content of accounts set out in the Charities IAccounts and Reports) Regulations 2008 other than any requirement that the accoun15 give a 'true and fair. view which is not a matter considered as part of an independent examination. I conf1rm that there are no other matters to which your attention shoukl be drawn to enable a proper understanding of the accounts lo be reached. Julie Sexton FCA Independent Examiner FEB Chartered Accountants Linenhall Exchange 1st Floor. 26 Linenhall Street Belfast Northern Ir91and BT2 8BG
THE CHURCH OF GOD AT BALLYMONEY STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 30 SEPTEMBER 2025 2025 Unrestricted funds Total funds Total funds 2024 Not• Income and endowments Donations and legacies Investment incorne 309,985 11.407 309,985 11.407 319,958 14.212 Totsl income 321,392 321,392 334,170 Expenditure Expenditure on raising donalK)ns and legacios Expenditure on govemance costs Total expenditur• 224,170 54.012 224.170 54.012 185,575 20.126 278.182 278.182 205,701 Net income and net movement in funds 43.210 43.210 128.469 Roconciliation of funds Total funds brought fOard Total funds carried foryiard 2,834,755 2,834,755 2.706,286 2.877,965 2,877,965 2.834,755 The slalement of financial activf(ies incluiles 811 gains and losses recognised in the year. All income and expenditure derive frtyn contr'nuing aclivrties. The notss on pages 4 to 9 fomi part of th880 financial statements.
THE CHURCH OF GOD AT BALLYMONEY STATEMENT OF FINANCIAL POSITION 30 SEPTEMBER 2025 2025 2024 Ntste Fixed assgts Tangible fixèd assets 11 2,003,181 2,037.550 Curr&nt assets Debtors Cash al bank and in hand 12 21,251 856,095 16,174 782,345 877,346 798,519 Cr&dltors: amount5 falllng du• wlthln ong year Net current assets 13 2,562 874,784 1,314 797,205 Total assets less current liabilitles 2,877,965 2,834,755 Net assets 2,877,965 2.834,755 Funds of the Charlty Unrestri¢led ftjnds. General funds 2,877.965 2,877,965 2,834,755 Total unrestrtctgd funds 2,834,755 Total charlty funds 14 2,877,965 2,834,755 These financial slalements were approved by the board of trustees and aulhorised for issue on 2026, and are signed on behalf of the board by". Pastor Jonathan Payne - Senior Minister Trustee The notes on pag9$ 4 to 9 fonn pari of thèse financlal statements.
THE CHURCH OF GOD AT BALLYMONEY NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 SEPTEMBER 2025 General information The Charity is a public benefit enlily and a registered eharily in Northern Ireland and is unincorporated. The address of the principal office is 14 Garryduff Road. Ballymoney, 8T53 7AF, Northem Ireland. SLitement of compllance These financi81 slalemenls have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland., the Statement of Recommended Practice applicable lo charities preparing their accounts in accordance wrth the Financial Reporting Standard applicable in the UK and Republic of Irdand IFRS 1021 (Charities SORP IFRS 10211 and the Charities Act (Northern Ireland} 2008. Accounting policies 8a$is of preparatlon The financial slalemenls have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial Statements are prepared in sterling, whi¢h is the ftjnctional currency of the entity. Going ¢on¢em There are no material uncertainties about the charrty's ability to continuo. Judgements and key sources of estimation uncertainty The preparation of the financial Statements qUireS management lo make judgements. estimates and assurnplK)ns that affect the amounts pOrted. These estimates and judgements aro continually reviewed and are based on experience and other factors, including expectstions of futu events that are beligved lo be reasonable under the circumstances. Fund accountlng Unrestricted funds are available for use al the discretion of the trustees to further any of the charity's purF)oses. Designated funds are unrestricted funds earmarked by the trustees for particular future project or ¢ommfiment. Restricted funds are subjeded to reslriclion$ on their expenditure declar by the donor or through the terms of an appeal, and fall into one of kn Sub-classes". restricted income bjnds or endowment funds.
THE CHURCH OF GOD AT BALLYMONEY NOTES TO THE FINANCIAL STATEMENTS {contlntsedJ YEAR ENDED 30 SEPTEMBER 2025 Ac¢ountlng policies {continu Incoming resou0$ All incoming resources are ineluded in the statement of financial actNi(ies when entitlement has passed lo the charity,. il Is probable that the economic benefrt5 associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied lo particular ¢alegories of income.. income from donations or grants is recognised when the is evidence of entillemenl lo the gfft, receipt is probabl¢ and ils amount can be measured reliably. legacy income is recognised when receipt is probable and ent(tlement is eslablishgd. income from donated goods is measured al the fair value of the goods unless Ihrs is impractical lo measure reliably, in which Case the value is derived from the cost lo the donor or the estimated rèsale value. Donated facilities and servi5 are recognised in the accounts when retsived if the value can be reliably measured. No amounts are Included for the contribution of general volunteers. income from contract5 for the supply of sefVi¢gS is recognised with the delivery of the ontracled seNice. This is classrfied as unrestricted funds unless there is a conlraclual requirement for il lo be spent on a particular purpose and returned rf unspent, in which case il may be regarded as restricted. Resources èxpended Expenditure is recognised on an accruals basis as a liability is incurred. Expendrture indude$ any VAT which cannot be fully recovered. and is classified under headings of the slalgmenl of rinanckql activities to whh it relates.. expenditure on raising funds includes the costs ol all fundraising activilies, events, non-charrtable trading aclivib'es, and the sale of donated gocKIs. expenditure on charrtable activities includes all costs incurred by a charity in un¢Jertaking activities that further r(s charitable aims for the benefit of ts beneficiaries, inc5uding those support Costs and costs relating lo the governance of the chaiity apportHJned to ¢har((able activities. other expenditure includes all expendrtUTe that is neither related to raising funds for the harily nor part of ils expenditure on charitable activities. AII cogls are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a Single activty are allocated directly lo that activty Shared costs a apportioned between the activities they contribute lo on a reasonable, justifiable and consistent basis. Operatlng leases Lease payments are recognised as an expense over the thse tem on a straighl-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straighl-line basis.
THE CHURCH OF GOD AT BALLYMONEY NOTES TO THE FINANCIAL STATEMENTS icontthued) YEAR ENDED 30 SEPTEMBER 2025 Accounting pollcles (conunuedj Tanglble assets Tangible assets are initially recoTded al cost, and subsequently staled at cost less any accumulated depreciation and Impairment losses. Any tangible assets carried at revalued amounts are e0rded at the fair value al the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has pvioUSlY been recognised as expendi(ure within the statement of fi'nancial activrties. A decrease in the carrying amount of an asset as a result of r$valualion, is recognised in other recognisod gains and losses, except lo which it offsets any previous revaluation gain, in which case the loss is shown within other recognised ga¢ns and losses on the statement of financial aclivilies. Depreciation Daprecialion is calculated $0 as lo wrf(e off the cost or valuation of an asset, less fÉs residual value, over the useful econ1¢ life ol that asset as follows.. Motor vehicles 20% straight line 33.30A slraighl line Impalrment of flxed assets A review for indicators of impaimienl is carried out al each reporting date. with the recoverable amount being estimated where such indiealors exist. lthere the carrying value exceeds the recoverable amount. the asset is impaired a¢cordingly. Prior impaimenls a also reviewed for possible reversal at each reporting dale. For the purposes of impairment lesling, when r( is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generaling unrt lo which the asset belongs. The cash-generaling unil is the smallest identifiable group of assets that include5 the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of 855et5. For impairment lesling of goodwill, th& goodwill acquired in a business combination is. from the acquisition dale, allocated lo each of the cash4Jenerating units that are expected to benefrt from the synergies of the combination, irrespective of whether other assets or liabilitS of the char1ty are assigned lo those unts. Defined contribution plans Conlnbulions lo defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are rec(yJnised as an asset to the extent that the prepayment will lead to a rèduction in future payments or a cash refund. When contributions are not expected to be settled whofiy within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which f( arise$
THE CHURCH OF GOD AT BALLYMONEY NOTES TO THE FINANCIAL STATEMENTS {contthue YEAR ENDED 30 SEPTEMBER 2025 Donatlons and legacie¥ Unrestricted Total Funds Unrestrieted Total Funds Funds 2025 Funds 2024 Donations Offerings Gifts & Fundraising Events Happy Days Childcare Centre.. Service Charge Other Income 263,097 22,388 263,097 22,388 254,000 23,379 254,000 23,379 24,500 24,500 42,000 579 42,000 579 309,985 309,985 319.958 319,958 Investmont income Unrestricted Total Funds Unrestricted Totsl Funds Funds 2025 Funds 2024 Other interest receivable 11,407 11.407 14.212 14,212 Expendlture on raising donallons and legacles Unrestricted Total Funds Unrestricted Total Funds FLbnds 2025 Funds 2024 Costs of raising donalKJns and lega¢ies- DonatK)ns 224,170 224.170 185,575 185,575 Expgndlture on govemance costs by fund ty Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Support costs 54,012 54,012 20,126 20.126 Expenditure on charitable activities by activity type Support Total funds costs 2025 Total fund 2024 Govemonce costs 54,012 54,012 20,126 Independent gxamlnatlon fees 2025 2024 Fees payablg lo the indepen¢Jenl examiner for.. Independent examination of the financial statements 360 360
THE CHURCH OF GOD AT BALLYMONEY NOTES TO THE FINANCIAL STATEMENTS (contlnu YEAR ENDED 30 SEPTEMBER 2025 10. Trust90 remuneration and expan$gs In their employment as Pastors of the Congregolion, Paslof Jonathan Payne and Pastor Yvonne Payne received r&muneration, pensh)n contributions and expenses during the year. Hilary Kyle, who is also a tru$lee of the charity, received remuneration during the year in her capaaty as the P8Stor's personal assistant. No-one e1Ved remungral¥)n for their services as a trustee of the charty. 11. Tangible fixed assets Child¢aTe Centre Church Chik*are Childcare Land Furnishings Furnishings Motor vehicles Car Park Buildings Equipment Equipment Total Cost Al 1 Ocl 2024 Additions 1,138.130 568,011 43,681 343,180 15,435 358,615 27,944 2,120,946 15,435 At 30 Sep 2025 Depreciation Al 1 Oct 2024 Charge for the year 1.138.130 8.011 43,681 27,944 2,136,381 55,452 27.944 83,396 49,804 49.804 At 30 Sep 2025 Carrylng amount At 30 Sep 2025 At 30 Sep 2024 105,256 27,944 133.200 1.138,130 568,011 43,681 253.359 2,003,181 1,138,130 568,011 43,681 287,728 2,037.550 The Church's properties and contents are insured against loss by fire lor the following amounts at 31 October 2025.. Church and H811- Buildings and Contents 7,414,533 Childcare Centre- Building and Contents 1,216,058 12. Debtors 2025 2024 Other debloTS 21,251 16,174 13. Credito. amounts falllng due wlthln one year 2025 2024 Accruals and deferred income 2,562 1,314
THE CHURCH OF GOD AT BALLYMONEY NOTES TO THE FINANCIAL STATEMENTS (conllnued) YEAR ENDED 30 SEPTEMBER 2025 14. Analysis of ¢haritsble funds Unrestrlcted fuftds At10ct24 Income Expenditure At 30 Sap 25 General funds 2,834,755 321.392 1278.1821 2,877,965 1278,1821 2,877,965 2,834,755 321,392 AIIOct23 Income EyJ)enditure At 30 Sep 24 General funds 2,706,286 334,170 1205,7011 1205,7011 2,834.755 2,706,286 334.170 2,834,755