Charity registration number: 109512 Dromore Baptist Church Annual Report and Financial Statements for the Year Ended 31 December 2024
Dromore Baptist Cburch Contents (continued) Trustees, Report Ito3 Statement of Tntees, Responsibilities Independent Examinerfs Report 5t06 Statement of Financial Activities 7t08 Balance Sheet Notes to the Financial Statements IOto16
Dromore Baptist Church Trustees, Report The trustees present the annual report together with the fmancial statements of the charity for the year ended 31 December 2024. Objectives and activities Objects and aims The Church acknowledges the headship of Jesus Cbrist over his Church and exists to glorify the triune God by maintaining and pro]noting his worship both individually and COTporately. Its m¢mbers devote themselves to the teachings of Scripture, to fellowship, breaking of bread, prayer and evangelism. They con]mit, witb the help of God, to witness to the saving and sustaining power of the Lord Jesus Christ and to work for the extension of His Kingdorn. The principal ¢Iltable object of the ChUh is the advancement of the Christian faith according to the teachings of scripture, the Doctrinal Statement and Baptist principles. Public benef The main activities undertaken during the year to further the Charity's puryose for the public benefit: Adults: We aim to offer opportunities for discipleship to equip people to grow into devoted followers of Jesus. Various small groups for men & women - Througbout the year we offer a variety of small 0upS which allow participants to focus in on a particular study or course for a short period of time. These have included bible studies, home groups and leadership courses to help live out the C]wistian life, as well &s social events arld breakfasts. Youth.. We seek to provide a cycle of activities to help young people encounter the God of the Bible while coming alongside them dealing with the issues they are confronting and drawing fron OUT own life experience. Children: Ther¢ are a range of activities for childTen aged O-I l years in our Creche, Children's meetings and Mums & tots (Tiny Treasures). Community.. We are engaged in a varity of activities to help live out God's love in our community, for example we hold a Community ChCh service once per month after our Sunday morning service serving lunch and off¢ring a time of fellowship with the community. Mutns & tots - is a place for parents and caTeTS to bring their chilth¢n and have a time of fellowship while the kids play in a safe environment. Connections provid¢s an opportunity for senior members of the community to meet for fellowship, teaching and light refreshments. The trustees confirnl that they have complied with the requirements of the Charities Act (Nortbern Ireland) 2008 to have due regard to the public benefit guidance published by the Charity Commission for Nortbern Ireland. Achievements and perfomance The Church continued to hold regular services for public worship and organised events that promoted fellowship amongst the Enembers of the church and provided outreach opportunitie5 with the wid¢r con]munity (as detailed above). The Church continued to provide ben¢fit to its members and the public by making known the Cbristian gospel of the Lord Jesus Christ through the advancement of the Christian FaÈth. Page I
Dromore Baptist Church Trustees, Report (continued) Financial review The Churth is fided by voluntary gifts and donations, and we nMke use of both the Gift Aid and Gift Aid Small Donations Scheme. The church does not seek fidS from other sources. Income for tbe year end¢d 3 1st December 2024 was £148,648.64 Expenditur¢ for the year ended 3 1st December 2024 was £157,183.83 CEosing Balance for the year ended 3 1st DecembeT 2024 was £153,708.62. Reference and AdmiDiStrative Details Charity Registration Number: 109512 Principal Office.. l Maypole Hill Dromore Co Down BT25 IBQ Thom&s Oliver and Associates Limitsd Certified Public Accountants l Moygashel Mills Park Dungallnoll Co Tyron¢ BT717DH Independent Examiner: Trustees and oleerS The trust¢es and officers serving during the year and since the year end wer¢ follows: Page 2
Dromore Baptist Church Trustees, Report (continued) Trustees: Mr Andrew Johnston Mr Ken Gardner Mr Cbristopher Beacom Dr Michael Crawford Mr Alwyn Jones Mr Colin Cunningham Mr David Middleton Mr Andrew McCo[elL Dr Gareth Hampton Mr Robert Ingram Mr Stephen Bronte Mr Evan Jones Mr Noel Mccready Mr Alan Burgess Mr James Brown Structure, goYernan¢e and management Nature ofgoverning document The charity is constituted as an unincorporated charity, established by a written constitution approved by the members , and endorsed by tbe Charity CoDJmission in North¢m Ireland (CCNI). There are no restrictions in the governing documents on the operation of the Charity or on its invesirn¢ne powers other than those imposed by charity law. Organtsallonal strucluré The methods used to recruit and appoint new charity trustees Rs in accordance with the constitution. The annual report was approved by the trustees of the charity on 19 June 2025 and signed on its behalf by: Mr Andrew Johnston Tnthe Mr Ken Gardner Tntee Page 3
Dromore Baptist Church Statement of Trustees, Responsibilities The trusfres are responsible for preparing the trustees, report and th¢ finaD¢Éal statements in accordance with the United Kingdom Accoullting Standards (United Kingdom Generally Accepted Accounting Prnctice) and applicable law and regulations. The law applicable to charities requires th¢ trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these fanCIal statements, the trustees are required to: select suitable accounting policies and then apply them consistently" observe the methods and principles in the Charities SORP. make judgements and estimates that are reasonable and prudent. state whether applicable accounting standards have been followel subject to any material d¢partures disclosed and explained in the financial statements. and prepare the financial stat¢ments on the going concern b&sis unless it is inappropriate to presume that the charity will continue in business. The trteeS are responsible for keeping proper accounting records that disclose with reasonable accwacy at any time the financial position of the charity and enable them to ensure that th¢ financial statements comply with the Charities Act (Northern Ireland) 2008, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the &ssets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and oth¢r in¢gularities. The trustees are responsible for the maintenance and integrity of the corporate and financial inforniation included on the charitable company's website. Legkslation governing the preparation and dissemination of financial statements tnay differ from legislation in other jurÈsdictions. Approved by the ttustees of the ¢hatity on 19 June 2025 and signed on its behalf by: Mr Amthew JoI]nston Trustee Mr Ken Gardner Tntee Page 4
Dromore Baptist Church Independent ExaD]iner's Report to the trustees of Dromore Baptist Church report to the trustees on my examination of tbe accounts of Dromore Baptist Chuwh for the year ended 31 December 2024. Responsibilities and basis of report As the charity's trustees of Dromore Baptist Church you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act (Nortbern Ireland) 2008. It is my responsibility to - examine tb¢ accounts under section 65 of the ChaTiti¢s Act - follow the procedures laid down in the general Directions given by tbe Cornmission under section 65(9)(b) of the Charities Act - state whether particular matters hav¢ come to my attention Basis of indepeDdent examiner's report I have examined your charity accounts as required under section 65 of the Clwities Act and my examination was arried out in accordance with the general directions given by the Charities Conllnission for Northern Ireland under section 65 (9)(b) of the Charities Act. My examination included the review of the accounting records kept by the charity and a ComplsOn of the accounts presented with tbose records. It also included consÈderation of any unusual items or disclosures in the accounts, and seeking explanations from you as charity ttwtees concerning any such matters. My role is to state whether any material matt¢rs have come to my attentions giving me cause to believe:_ l That accounting records were not kept in accordance with section 63 of the Charities Act 2 That the accounts do not accord with those accounting records 3 That the accounts do not comply with th¢ accounting requirements of the Charitie5 Act 4 That there is further infornlation rAeeded for a proper understanding of the accounts to be reached. Page 5
Dromore Baptist Church Independent Examiner's Report to the trustees of Dromore Baptist Church (continued) Independent examiner's statement I hav¢ completed my examination and have no concerns in respect of the matters (l) to (4) listed above and, in connection with the following Directions of the Charity Commission for Nortbern Irelan(L I have found no matters that require drawing to your attention. Thomas Oliver and Associates Limited Certified Public Accountants l Moygashel Mills Park I)ungannoa Co Tyrone BT717DH 19 June 2025 Page 6
Dromore Baptist Church Statement of Financial Activities for the Year Ended 31 December 2024 Unrestricted funds Restricted funds Total 2024 Note Income and Endowments from: Donations and legacies Investment income 143,142 1.616 3,890 147,032 1,616 Total income 144,758 3,890 148,648 Expenditure on: Raising fimds Charitable activities (149,625) (1,074) (6,485) (156,110) (1,074) Total expenditure (150,699 (6,485 (157.184) Net expenditure Gross transfers between funds (5,941) (2,595) (2,595) 2,595 (8,536) Net movement in funds (8,536) (8.536) ReeonciliatKon of funds Total fimds brought forward Total fimds carried forward 632,137 632,137 14 623,601 623,601 Total 2023 Unrestricted funds Note Incotne and Endowments from: Donations and legacies Investment income 204,205 1,931 204,205 1,931 Total income 206,136 206,136 Expenditure on: Raising funds Charitable activities (161.653) (1,134) (161,653) (1,134) Total expenditure Net income (162,787) (162,78 43,349 43,349 Net movement in funds 43,349 43,349 Reconciliation of funds Total fun&5 brought forward Total funds carried fonvard 588,787 588,787 14 632,136 632,136 All of the charity's activities derive from continuing operations during the above two periods. The notes on pages 10 to 16 forni an Inteal part of th¢se financial stat¢ments. Page 7
Dromore Baptist Chureh Statement of Financial Aetivities for the Year Ended 31 December 2024 (continued) The ftmds breakdown for 2023 is shown in note 14. The notes on pag¢s 10 to 16 form an integral part of these financial statements. Page 8
Dromore Baptist Church (Registration number: 109512) Balance Sheet as at 31 December 2024 2024 2023 Note Fixed assets Tangible assets 469,510 470,672 Current assets Cash at bank and in hand 12 154,279 161,464 Total 2$sets less eurrent liabilities 623,789 632,136 Creditors: Amounts falling due after more than one year Net assets 13 (188 623,601 632.136 Funds of the charity: Unrestricted income funds Unrestricted fimds 623,601 632,136 Total funds 14 623,601 632,136 The financial statements on pages 7 to 16 were approved by the tnte¢s, and authOrIs for issue on 19 June 2025 and signed on their behalf by.. Mr Andrew Jobnston Trustee Mr Ken Gardn¢r Trustee The notes on pages 10 to 16 forni an integral part of these financial statsments. Page 9
Dromore Baptist Church Notes to the Financial Statements for the Year Ended 31 December 2024 l Accounting polieies ststement of compliance The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recornmended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. Basis of preparation Dromore Baptist Church meets the defmition of a public benefit entity under FRS 102. The accowits (fllwicial statements) have been prepared under the historical cost convention with iten]s recognised at cost OT transaction value unless othenvise stated in the relevant note(s) to these accounts. Going coneern The trustees consider that there are no material uncertainties about the charity's ability to continue as a going Concern. Income and endowments Voluntary income including donations, gifts. legacies and grants that provide core funding or are of a generdl nature is reco}sed when the charity has entitlement to the incom¢, it is probable that tb¢ income will be received and the amount can be m¢asured with sufficient reliability. Donatlons and legaei Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured. Glft aid Incoming resources from tax reclaims are included in the Statement of FinaD¢Ral Activities at tbe same time as the gift to which they relate. Investment Income Dividends are recognised once the dividend has been declared and notification has been received of the dividend due. Expenditure All expenditure is recogDi5ed once there is a legal or constrnctive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure beading that aggregate similar costs to that category. Where costs Cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Page 10
Dromore Baptist Church Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) Ralslngfvnds These are costs incurred in attracting voluntary income, the management of invesiTnents and those inCU¢d in trading activities that raise funds. Governanee costs These include the costs attributable to the charity's compliance with COnstitiOnal and statutory requirements, including audit, strategic management and trustees meetirAgs and reimbursed expenses. Taxation The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the defLtiOn of a charitable company for UK corporation t&x purpose5. Accordingly, the charity is potentially exempt from taxation in Tespect of income OT capital gains received within categories covered by Chapter 3 Part i i of the Ci)ryioration Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Tangible fixed assets Individual ftxed assets costing £0.00 OT more are Initially recorded at cosL less any subsequent accumulated depreciation and subsequent accumulated irnpairn]ent losses. Depreciation and amortisation Depreciation is provided on tangible fixed assets so &s to write off the cost or Valuatio less any estimated residual value, over their expected useful economic life as follow5: Asset class FIxteS & Fittings Depreciation method and rate 200/0 Straight Line Casb and cash equivalents Cash and cash equivalents comprise c&sh on hand and call deposits. and other short-term higbly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Borrowings Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount thie on redemption beiJLg recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing. Interest expens¢ is recogllised on the basis of the effective interest method and is included in interest payable and similar charges. Bormwings are classified as cutrent liabilities unless the charity has an unconditional rigbt to defer settlement of the liability for at least twelve Months after th¢ Teporting date. Page 11
Dromore Baptist Church Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) Fund structure Unrestricted income funds are general fun(ts that are available for use at the trustees discretion in fierance of the objectives of the charity. 2 Income from donatlODS and legacies Unrestrieted funds General Restricted funds Total funds Donations and legacies. Donations from individuals Legacies Gift aid reclaimed R¢gular giving and capital donations Other income from donations and legacies Total for 2024 2,465 2,000 14,648 123,589 440 3,890 6,355 2,000 14,648 123,589 440 143,142 3.890 147.032 Total for 2023 204,205 204,205 3 Investment income Unrestricted funds General Tolal funds Intsrest receivable and similar income; Interest receivable on bank deposits Total for 2024 1,616 1,616 1,616 1,616 Total for 2023 1,931 1,931 4 Expenditure on raising funds a) Costs of generating donations and legaeies Page 12
Dromore Baptist Church Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) Unrestricted funds General Restricted funds Total funds Note Depreciation, amortisation and other sitnilar costs Other direct costs of generating voluntary income 1,427 108,627 1,427 115,112 6,485 Total for 2024 110,054 6,485 116,539 Total for 2023 101,074 101,074 Total costs 5 Expenditure on charitable activities Unrestricted funds General Total funds Not¢ Governance costs 1,074 1,074 Total for 2023 1,134 1,134 Total expenditure 6 Analysis of governance and support costs Governance t05ts Unrestrieted funds General Totsl fund5 Audit fees Other f¢¢s paid to auditors 1,074 1,074 Total for 2024 1,074 1,074 Total for 2023 1.134 1,134 Page 13
Dromore Baptist Church Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 7 Net incomingloutgoing resources Net (outgoing)lincoming resources for the y¢ar include.. 2024 2023 Depreciation of fixed assets 1,427 5,086 8 Trustees remuneration and expenses No trustees, nor any persons connerted with them, have r¢ceived any remuneration from th¢ charity during the year. 9 Staff costs The aggregate payroll costs were &$ follows: 2024 2023 Staff costs during the year were: Wages and salaries Pension costs Other staff costs 36,095 3,476 50,512 9,804 263 39,571 60,579 No employee received emoluments of more than £60,000 during the year Page 14
Dromore Baptist Church Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 10 Taxation The charity is a Tegistered charity and is therefore ex¢mpt from taxation. 11 Tangible red assets Land and buildings Furniture aDd equipment Totsl Cost At l January 2024 Additions 465,845 73,338 265 539,183 265 At 31 December 2024 465.845 73,603 539,448 Depreciation At l January 2024 Charge for the year At 31 December 2024 68,511 1,427 68,511 1,427 69,938 69,938 Net book value At 31 December 2024 465,845 3,665 469,510 At 31 December 2023 465,845 4,827 470,672 12 Cash and cash equivalents 2024 2023 Cash on hand Cash at bank 570 153,709 154,279 533 160,931 161,464 13 Creditors: amounts falling due after one year 2024 Other creditors 188 Page 15
DroD]ore Baptist Church Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 14 Funds Balance at 31 December 2024 BalaDee at I January 2024 Incoming resources Resources expended Transfers Unrestricted funds General 632,137 144,758 (150,699) (6,485) (2,595) 2.595 623,601 Restricted funds 3.890 Total funds 632,137 148,648 (157,184) 623,601 Balanee at 31 Deeember 2023 Balance at I January 2023 Incoming resources Resources expended Unrestricted funds General 588.787 206,136 (162,787) 632.136 15 Analysis of net a55ets between funds Unrestricted funds General Total funds at 31 December 2024 Tangible fixed assets CuTrent a55ets 469,510 154,279 623,789 469,510 154.279 Total net assets 623,789 Unrestricted funds General Total funds at 31 December 2023 Tangible fixed ass¢ts CuTTent assets 470,672 161,464 470,672 161,464 Total net assets 632,136 632,136 16 Related party transactions There were no related party transactions in the year. Page 16