Company Registration No. NI646812 (Northern Ireland)
HEALING THE LAND LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
IDS Chartered Accountants LLP
23/25 Queen Street
COLERAINE
Co Londonderry
BT52 1BG
HEALING THE LAND LIMITED
CONTENTS
Page
Legal and administrative information
1
Trustees' report
2 - 4
Independent examiner's report
5
Statement of financial activities
6
Balance sheet
7
Notes to the financial statements
8 - 12
HEALING THE LAND LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
- 1 -
Trustees
William McKee
Andrew Campbell
Thomas Barfoot
Charity number
106677
Company number
NI646812
Registered office
42 Luney Road
MAGHERAFELT
Co Londonderry
BT45 5JW
Independent examiner
IDS Chartered Accountants LLP
23/25 Queen Street
COLERAINE
Co Londonderry
BT52 1BG
Bankers
First Trust Bank
78 Wellington Street
BALLYMENA
Co Antrim
BT43 6AF
HEALING THE LAND LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 JULY 2024
- 2 -

The trustees present their annual report and financial statements for the year 1 August 2022 to 31 July 2023.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum and Articles, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016)

Purposes

1. To advance the Christian religion for the benefit of the public.

2. Associating together the said inhabitants and the local authorities voluntary and other organisations in a common effort to show God's love and to bring about reconciliation and unity.

 

At Healing the Land we:

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance

Community Outreach

We continued to reach out and show God’s love in practical ways to those who are lonely and most vulnerable in Maghera, Draperstown and surrounding rural communities. Most of our work continues to be with the elderly, those living alone, single parent families etc. Our Community Outreach Coordinator has continued her work befriending the elderly and lonely in the community. She has had countless opportunities to pray with people, to run errands as needed and provide support at doctor’s appointments etc., especially for those who are immobile and have no or limited family support. In addition she was asked to take part in a funeral service for one of the ladies she visited regularly.

In addition to our regular work in the community we also:

 

HEALING THE LAND LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
- 3 -

Maghaberry Prison

We continue to coordinate the prison choir in Maghaberry which meets twice a month, and participates in the Carol Service and Easter Service. Choir continues to complement other Chaplaincy programmes already in place and offers a space for men to be encouraged and to encounter God, perhaps for the very first time. We continue to connect with these men on a regular basis, often upon their release, helping them to adapt to life on the outside.

 

The worship team from Tennessee took part in services in Maghaberry, Magilligan and Hyde Bank prisons in June. The prison choir had the opportunity to participate in the worship event in Maghaberry. Thirty eight people gave their lives to the Lord throughout the three prison locations at these worship events.

 

For the 9th year, we were generously provided with 1,400 boxes of chocolates for all of the prisoners and staff in Maghaberry Prison. These were hand delivered to all the men just prior to Christmas. A local fellowship also donated bags of mini-eggs for all of the men for Easter, which we were able to distribute throughout the prison on Good Friday. Through these gifts seven men gave their lives to the Lord.

 

We were also invited to speak at various services in Magilligan Prison on Friday evenings where several men decided to follow Jesus.

 

Our prison outreach team, along with the lead Chaplain from Maghaberry Prison, had the opportunity to visit and minister in a ladies prison in Rusca, Moldova in May 2024. Over thirty ladies gave their lives to the Lord, and, through contacts with a local bakery in Moldova, we were able to provide bread items for the whole prison population as a gift.

 

We also delivered food hampers to prisoner families just prior to Christmas and connected with these families throughout the year, recognising that quite often families are also struggling on the outside.

 

It’s Time Day of Prayer

We felt led by God to organise a Day of Prayer for this land which we organised for Sunday 29th October 2023 outside Belfast City Hall. This was an opportunity for people, young and old, to gather shoulder to shoulder, in unity, with one voice to pray for all that has been happening throughout this land and to it’s people. This event included a prayer walk in Belfast, a time of worship and various individuals leading in prayer. This event was open to everyone and was widely circulated on social media and e-mailed to church leaders and pastors.

 

The Day of Prayer then led us to gathering to pray every Monday night at the front of Belfast City Hall for over a year. Each Monday night was an opportunity to pray alongside other believers from throughout this land and to share the hope within us with those who stopped to chat with us on the street.

 

Alight

Our monthly gathering for young adults continue the last Saturday night of each month. This is an opportunity for young adults to worship together and hear biblical teaching to encourage and build them up. In August we started to hold our monthly gatherings in Ditty’s Bakery, Castledawson. In June we also hosted a BBQ before we took a short break over the summer. All Alight gatherings are advertised on social media and all young adults are welcome to come to a space where they can encounter God and the power of His Holy Spirit.

 

Bible study

Our men’s bible study continues each Saturday morning and has been an opportunity to bring men together from various denominations and traditions around the Word and prayer. We continue to see these men grow in their faith and we see God moving in each of their lives.

 

Prayer for the Community

We continue to gather together on Friday mornings to pray for our local community and land. This included our annual Good Friday prayer gathering to pray over our community.

 

Collaborating with others

In addition, we have been supportive of, and have taken part in prayer events coordinated by other organisations encouraging prayer specifically for Ireland and the U.K.

HEALING THE LAND LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
- 4 -
Financial review

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Structure, governance and management

The charity is a company limited by guarantee and was incorporated on 6 July 2017.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

William McKee
Andrew Campbell
Thomas Barfoot
Judith Badger
(Resigned 12 February 2024)

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute such amounts as may be required (not exceeding £10) in the event of a winding up.

The trustees' report was approved by the Board of Trustees.

Andrew Campbell
Trustee
Dated: 6 February 2025
HEALING THE LAND LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF HEALING THE LAND LIMITED
- 5 -

I report on the financial statements of the charity for the year ended 31 July 2024, which are set out on pages 6 to 12.

Respective responsibilities of trustees and examiner

As the charity trustees (and also the directors of the company for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

(i)

examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008;

(ii)

follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act; and

(iii)

state whether particular matters have come to my attention.

Basis of independent examiner's report

I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters.

 

My role is to state whether any material matters have come to my attention giving me cause to believe:

 

1.     That accounting records were not kept in accordance with section 386 of the Companies Act 2006

2.     That the accounts do not accord with those accounting records

 

3.     That the accounts do not comply with the accounting requirements of section 396 of the     Companies Act 2006 and with the methods and principles of the Charities Statement of     Recommended Practice applicable to charities preparing their accounts in accordance with     the Financial Reporting Standard applicable in the UK and Republic of Ireland

4.     That there is further information needed for a proper understanding of the accounts to be reached.

Independent examiner's statement
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.
Alison Wallace (FCA)
IDS Chartered Accountants LLP
23/25 Queen Street
COLERAINE
Co Londonderry
BT52 1BG
Dated: 6 February 2025
HEALING THE LAND LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 JULY 2024
- 6 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2024
2024
2024
2023
2023
2023
Notes
£
£
£
£
£
£
Income from:
Donations and legacies
2
5,540
-
5,540
1,000
347
1,347
Total income
5,540
-
5,540
1,000
347
1,347
Expenditure on:
Raising funds
3
4,347
46
4,393
4,929
535
5,464
Total expenditure
4,347
46
4,393
4,929
535
5,464
Net income/(expenditure) and movement in funds
1,193
(46)
1,147
(3,929)
(188)
(4,117)
Reconciliation of funds:
Fund balances at 1 August 2023
83
636
719
4,012
824
4,836
Fund balances at 31 July 2024
1,276
590
1,866
83
636
719

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

HEALING THE LAND LIMITED
BALANCE SHEET
AS AT
31 JULY 2024
31 July 2024
- 7 -
2024
2023
Notes
£
£
£
£
Current assets
Cash at bank and in hand
1,866
719
Net current assets
1,866
719
The funds of the charity
Restricted income funds
9
590
636
Unrestricted funds
10
1,276
83
1,866
719

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 July 2024.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 6 February 2025
William McKee
Andrew Campbell
Trustee
Trustee
Company registration number NI646812 (Northern Ireland)
HEALING THE LAND LIMITED
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
- 8 -
1
Accounting policies
Charity information

Healing the Land Limited is a private company limited by guarantee incorporated in Northern Ireland. The registered office is 42 Luney Road, MAGHERAFELT, Co Londonderry, BT45 5JW.

1.1
Accounting convention

The financial statements have been prepared in accordance with the charity's Memorandum and Articles, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.

 

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4
Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

1.5
Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required, and the amount of the obligation can be measured reliably. All expenditure is accounted for on a payments basis.

1.6
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

HEALING THE LAND LIMITED
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
1
Accounting policies
(Continued)
- 9 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.7
Taxation

No provision is required for taxation as the company is defined as a charity for taxation purposes.

1.8
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Income from donations and legacies
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2024
2024
2024
2023
2023
2023
£
£
£
£
£
£
Donations and gifts
5,540
-
5,540
1,000
347
1,347
HEALING THE LAND LIMITED
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
- 10 -
3

Raising funds

Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2024
2024
2024
2023
2023
2023
£
£
£
£
£
£
Fundraising and publicity

Governance Costs

600
-
600
600
-
600

Event costs

-
-
-
1
-
1

COVID response

-
46
46
-
535
535
Advertising
437
-
437
-
-
-
Staff costs
2,500
-
2,500
4,000
-
4,000
Support costs
809
-
809
328
-
328
Fundraising and publicity
4,347
46
4,393
4,929
535
5,464
4,347
46
4,393
4,929
535
5,464
4
Support costs
Support costs
Governance costs
2024
Support costs
Governance costs
2023
£
£
£
£
£
£

Bank fees

54
-
54
65
-
65

Sundry

755
-
755
263
-
263
Audit fees
-
600
600
-
600
600
809
600
1,409
328
600
928
Analysed between
Fundraising
809
600
1,409
328
600
928
5
Net movement in funds
2024
2023
£
£
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial statements
600
600
6
Trustees

One of the previous trustees, Judith Badger, received £2,500 remuneration during the year (2023: £4,000). One of the trustees was reimbursed a total of £647 worth of expenses (2023- one was reimbursed £233).

HEALING THE LAND LIMITED
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
- 11 -
7
Employees

The average monthly number of employees during the year was:

2024
2023
Number
Number
1
1
Employment costs
2024
2023
£
£
Wages and salaries
2,500
4,000
There were no employees whose annual remuneration was more than £60,000.
8
Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

9
Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 August 2023
Incoming resources
Resources expended
At 31 July 2024
£
£
£
£
Community outreach
636
-
(46)
590
Previous year:
At 1 August 2022
Incoming resources
Resources expended
At 31 July 2023
£
£
£
£
Community outreach
824
347
(535)
636
10
Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 August 2023
Incoming resources
Resources expended
At 31 July 2024
£
£
£
£
General funds
83
5,540
(4,347)
1,276
HEALING THE LAND LIMITED
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
10
Unrestricted funds
(Continued)
- 12 -
Previous year:
At 1 August 2022
Incoming resources
Resources expended
At 31 July 2023
£
£
£
£
General funds
4,012
1,000
(4,929)
83
11
Analysis of net assets between funds
Unrestricted funds
Restricted funds
Total
Unrestricted funds
Restricted funds
Total
2024
2024
2024
2023
2023
2023
£
£
£
£
£
£
Fund balances at 31 July 2024 are represented by:
Current assets/(liabilities)
1,276
590
1,866
83
636
719
1,276
590
1,866
83
636
719
12
Related party transactions

There were no disclosable related party transactions during the year (2023 - none).

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