Charity reglstratlon number NIC102643
IRISH COUNCIL OF CHURCHES
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

IRISH COUNCIL OF CHURCHES
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Rt Rev Andrew Forster
Rt Rev Sarah Groves
Mr Jonathan Wilson (Resigned 3010312023)
Very Rev Dr Ivan Patterson
Mr William Hunter
Most Senior Apostle OIu501a Obube
Ms Georgina Copty
Dr Bridget Nithols (Appointed 1712123)
Rev Canon Dr Daniel Nuzum
Mr George Sayegh
FrAnish John
Ms Yvonne Langebach
Rev Brian Anderson
Ms Gillian Kingston
Rev Dr Heather Morris
Mr Mark Kernohan
Rt Rev Colin Campbell
Rev Helen Freeburn
Rev Trevor Gribben
Rev Barry Mccroskery (Appointed 2113123)
Pastor Tunde Adebayo-oke
James Nelson
Fr Calin Florea {Appointed 2315123)
Colonel Neil Webb
Fr Dr Jobymon Skaria
Church of Ireland, President
Moravian Church, Vice-President
Hon Treasurer
Presbyterian Church, Immediate Past-President
Antiochian Orthodox Church
Cherubim and Seraphim Church
Church of Ireland
Church of Ireland
Church of Ireland
Greek Orthodox Church
Indian Orthodox Church
Lutheran Church
Methodist Church
Methodist Church
Methodist Church
Moravian Church
Non-subscribing Presbyterian Church
Presbyterian Church
Presbyterian Church
Presbyterian Church
Redeemed Christian Church of God
Religious Society of Friends
Romanian Orthodox Church
Salvation Army (Ireland Division)
Syrian Orthodox Church
Charity
number
NIC102643
Principal
address
48 Elmvrfood Avenue
Belfast
BT9 6AZ
Independent Miscampbell & Co
examiner
6 Annadale Avenue
Belfast
BT7 3JH

IRISH COUNCIL OF CHURCHES
CONTENTS
Page
Trustees. report
statement of Trustees, responsibilities
Independent examineffs report
Statement of financial activities
Balance sheet
Notes to the financial statements
10-19

IRISH COUNCIL OF CHURCHES
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees present their annual report and financial statements for the year ended 31 December 2023.
The financial statements have been prepared in accordance with the a¢¢ounting policies set out in note 1 to the
financial statements and comply with the charity's goveming document, the Charities Act 2011 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)" {effe¢tive 1 January 2019).
Objectives and activltles
a. Public Benefit ststement
The Irish Council of Churches is committed to the advancement of the Christian religion and the promotion of
religious hamiony. Its vision is to be a benchmark of unty in Christ for churches and communities globally by
developing and providing a Channel for Ireland's churches to connect through a common belief in Christ.
Five values underpin its work:
The goal and grounding of all that we do is our shared Faith in Jesus Christ- we seek to be faithful to God and
committed to our journey together.
Holiness- willing to be opened and Changed by God as we connect with each other and meet together in the Lord.,
experiencing God's holiness as we spend time together in prayer and seeking to be reconciled in Christ.
Respect: respecting and seeking to understand each other's beliefs,. we are aware of our diversity while recognising
the presence of Christ in each other as we seek to understand the fullness of God's revelation for the world.
Hope- hoping in Christ and living in the power of the Holy Spirit sustaining us and fueling our courage., we are
courageous in our vision and mission having the strength together to fulfil our reason to be.
Witness: witnessing to God's kingdom of justi¢e, peace and reconciliation through word and action., to our common
discipleship in the way we live and work together., and as we listen to the world in which we live and serve.
The Irish Council of Churches meets the public benefit requirement in two ways..
1. The advancement of religion..
The fomial ecumenical body in Ireland, established in 1922, its current membership refleds the changing landscape
of Christianity in Ireland across Protestant, Orthodox, Reformed, Independent and Migrant-led churches. Since
1973 it has coordinated the Irish Inter-church Meeting, a formal dialogue befvrfeen the Irish Council of Churches and
the Irish Episcopal Conference. Together, the Council and the Meeting bring together senior leaders representing
the majority of Christian traditions in Ireland. Member churches express their Christian witness working together for
the benefit of all peoples, in Northern Ireland and intemationally. The direct benefrts which tlow from this purpose
include the ability of member churches to work together to raise awareness and understsnding of their religious
beliets and practices. The Irish Council of Churches provides an opportunty for member churches to better
understand each other- promoting co-operation, joint working, and greater efficiency. The direct benefits are
demonstrated through regular evaluation of the Irish Council of Churches, services and activities and through
feedback from representatives of each of the member churches. The Irish Council of Churches is accountable to all
its member churches and its work is reported to their governing bodies. This purpose does not lead to harm. The
beneficiaries of this purpose are the member churches of the Irish Council of Churches. The beneficiaries also
include the public generally in Northern Ireland specifically those involved in or associated with the Christian faith.
There is no private benefit.
2. Through reconciliation and the promoting of religious harmony:
The Irish Council of Churches enables churches to work together to promote reconciliation across the historic
political, social, ethnic and religious divides in Northern Ireland and through the island of Ireland. The direct beneffts
which flow from this purpose include the promotion of political, social, ethnic and religious harmony by promoting
good relations between people of different Christian traditions, building cooperation and understanding, and sharing
information with the general public. This purpose does not lead to harm. The beneficiaries of this purpose are the
public generally in Northern Ireland especially those who look to their church and the Irish Council of Churches to
provide guidance on how they should treat others in society. There is no private benefit.

IRISH COUNCIL OF CHURCHES
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
charity should undertake.
Achievements and performance
Principal Activities
Key activities of the Irish Council of Churches include..
Formally bringing together senior representatives from across our member churches to meet, dialogue and plan
activities of mutual concern, at least quarterly.
Promoting re¢on¢iliation across historic political, social, ethnic, and religious divides.
Facilitating joint co-operation through our liaison groups, enabling collaboration, ctroperation and the sharing of
infomiation by bringing together representatives with specific responsibilities for a wide variety of aspects of the
mission and ministy of our members.
Coordinating working groups which advise on topics of mutual concem, bringing together nominated experts
representative of the diversity of views expressed by our members.
Enabling dialogue, sharing and joint action with the Irish Episcopal Conference through the Irish Inter-church
Meeting, representatives of which meet at least quarterly.
Highlighting the work of member churches before each other and the wider public in Ireland through
disseminating resources, aggregating news on our website, sharing infomiation on initiatives and communicating
joint statements.
Engaging with govemment and Civil society on issues of mutual con¢em and advocating on public policy issues, as
requested by our members, for the benefit of society at large.
Working with our member churches on extemally funded projects which fulfil our charitable purposes. Assisting the
churches in relating to newer migrant-led churches and building infomial relationships with leaders of other faiths.
Working closely with other national and international ecumenical bodies, particularly those established to work in
England, Scotland and Wales, as well as Churches Together in Britain and Ireland, the Conference of European
Churches and the World Council of Churches.
Representing the member churches at keynote public events, including supporting joint public worship. Exploring
the ongoing development of our networks to achieve our purposes.
Full details of Council activities are available at- www.irishchurches.org.

IRISH COUNCIL OF CHURCHES
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Financlal revlew
The a¢wunts for the year show a deficit of £19,153 which is more than was budgeted (£15,051.63). The primary
reason for this larger than budgeted deficit is due to one off costs associated with events marking the centenary of
the Irish Council of Churches and the 50th anniversary of the Ballymascanlon Talks. These Talks led to the
establishment of the Irish Inter-Chur¢h Meeting. In January we held a service of Celebration and thanksgiving in St
Anne's Cathedral, Belfast. In September we organised "Being Churches Together in 21st Century Ireland":
Symposium at which "Called to be One"
an updated history of ICC and IICM was launched. These events were
significant, both in marking the occasions of the anniversaries, and in providing an opportunity for us, as churches in
Ireland, to consider how to continue the vision of hope for reconciliation to which our forebears responded decades
ago. The Trustees agreed that these events should be funded from reserves.
The Church Leaders, visit to Rome at the invitation of the British and Irish Ambassadors to the Holy See was a
particularly significant event. This visit offered the opportunity to speak about the role of the churches in
peacebuilding in Ireland, North and South, before and since the Good Friday Agreement at a symposium at which
many of the ambassadors to the Holy See were present. Another significant journey was that of the ICC President
to the Coronation of King Charfes in May.
The theme of the Irish Inter-church Meeting was "Our Re¢on¢iling Vision of Hope- Fifty years since the
Ballymascanlon Talks.. It explored the context around the Ballymascanlon Talks, including the priorities, challenges
and achievements of those early years. There was also a session exploring current dynamics in intemational Inter-
Church Relations. Fr. Martin Browne {Di¢astery for Promoting Christian Unity) shared about recent developments
and directions in international ecumenical relations and how they can inform our journey here in Ireland.
A varied approach to meetings, whereby some are held in-person and some online-only, continues to prove useful
and allows for more efficient use of time and resources, whilst also fostering the connection and trust that underpin
the relationships essential to the effediveness of the organisation. We find these relations are only truly developed
through in-person encounter.
During 2023 we continued to prioritise partnership working, both with our neighbouring ecumenical organisations,
and in our ongoing relationships with Christian Aid, CTBI and the DCU Centre for Religion, Human Values, and
Intemational Relations. We are grateful for the continued support of our member churches and their commitment to
the work that is done together through ICC and IICM.
Particular thanks are due to the members of the Joint Management Committee, ICC Executive and Irish Inter-
Church Committee for their support and ¢areful attention to matters of finance and governan￿ during the year, as
well as the staff team for their ongoing diligence and commitment in pursuing the mission of ICC and IICM.
Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate
resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the
going concem basis in preparing the financial statements. Further details regarding the adoption of the going
concem basis can be found in the accounting policies.
Reserves policy
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 be￿een 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 maintsined throughout the year.

IRISH COUNCIL OF CHURCHES
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
The charity incurred deficit of £19,153 mainly due to the cost of the anniversary events mentioned above, and
expenditure on meetings and travel costs for staff and trustees, which has retumed to pre-¢ovid levels.
In response to the underlying deficit, the ICC Trustees have agreed to an increase in membership subscription
levels of S % for 2024, which will reduce our anticipated deficit to about £9,000, with a view to further measures in
subsequent years in order to reduce it further. This increase comes after five years in which subscriptions were
maintained at the same level, resulting in an effective decrease in funding, as a result of inflation. Nevertheless, due
to the cautious management of the organisations, financial resources, despite increasing costs, underlying deficits
have been kept at a manageable level up to this point.
Our total reserves now stand at £526,144 and are sufficient to provide for the financial requirements of the
organisation going foNiard.
Structure, governance and management
Irish Council of Churches is a registered Charity, number NIC102643, and is constituted under a Trust deed.
The Trustees who served during the year and up to the date of signature of the financial statements were..
Rt Rev Andrew Forster
Rt Rev Sarah Groves
Mr Jonathan Wilson (Resigned 3010312023)
Very Rev Dr Ivan Patterson
Mr William Hunter
Most SeniorApostle Olusola Obube
Ms Georgina Copty
Dr Bridget Nichols (Appointed 1712123)
Rev Canon Dr Daniel Nuzum
Mr George Sayegh
FrAnish John
Ms Yvonne Langebach
Rev Brian Anderson
Ms Gillian Kingston
Rev Dr Heather Morris
Mr Mark Kemohan
Rt Rev Colin Campbell
Rev Helen Freebum
Rev Trevor Gribben
Rev Bary Mccroskery (Appointed 2113123)
Pastor Tunde Adebayo-oke
James Nelson
Fr Calin Florea (Appointed 2315123)
Colonel Neil Webb
Fr Dr Jobymon Skaria
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms
of the Trust deed.
Funds held as custodian trustee
No funds are held as custodian on behalf of others.

IRISH COUNCIL OF CHURCHES
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees, report was approved by the Board of Trustees.
fv/
Rt Rev A Forsler
Trustee
14 March 2024

IRISH COUNCIL OF CHURCHES
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees are responsible for preparing the Trustees. Report and the financial ststements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each
ffinancial 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 year.
In preparing these financial 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.,
stste whether applicable accounting stsndards have been followed, subject to any material departures disdosed
and explained in the financial statements- and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity
will continue in operation.
The Trustees are responsible for keeping sufficient a¢¢ounting records that disclose with reasonable accuracy at
any time the financial position of the charity and enable them to ensure that the financial statements comply with the
Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They
are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.

IRISH COUNCIL OF CHURCHES
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF IRISH COUNCIL OF CHURCHES
I report to the Trustees on my examination of the financial statements of Irtsh Council of Churches {the charity) for
the year ended 31 December 2023.
Responslbilitles and basis of report
As the Trustees of the Trust you are responsible for the preparation of the financial statements in accordance wth
the requirements of the Charities Act {Northem Ireland) 2008_
l ￿pOrt in respect of my examination of the Trust's financial statements carried out in accordance with the Charities
Act (Northern Ireland) 2008. In carying out my examination I have followed all the applicable directions given by the
Charity Commission under the CharitiesAct (Northem Ireland) 2008.
Independent examiner's statsment
It is my responsibility to..
examine the accounts under section 65 of the Charities Act
follow the procedures laid down in the general Directions given by the Commission under section 65
19)(b) of the Charities Act
State whether particular matters have come to my attention.
I have examined your charity accounts as required under sectlon 65 of the Charitlas Act and my examination was
carried out in accordance with the general Dire￿19n5 given by the Charity Cornmission for Northern Ireland under
section 65(9){b) of the Charities Act.
My examination included a review of the accounting records kept by the charity and a comparison of the accounts
presented with those records. It also Included consideratlon of any unusual items or disclosures the accounts,
and seeking explanations from you as charty trustees conceming any such
matters.
My role is to state whether any material matters have come to my attention givlng m& cause to belSeve:
accounting records were not kept In accordance wlth section 63 of the Charlties Act
the financial ststements do not accord with those records., or
the financial statements do not comply with the applicable requirements ooncernlng the forrn 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 have completed my examination and have no concems in respect of the matters {11 to {4) listed above and, in
connection with following the Directions of the Charty Commission for Northern Ireland, I have found no matters
Ihat require drawing to your attention.
iscampbell & Co
6 Annadale Avenue
Belfast
BT7 3JH
Dated: 14 Mardi 2024

IRISH COUNCIL OF CHURCHES
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestricted Restrlcted
funds
funds
2023
2023
Total
Unrestrlcted Restricted
funds
funds
2022
2022
Totsl
2023
2022
Not88
Incom8 from:
Donations and
legacies
Other income
Investments
58,687
6,649
8,605
57,803
116,490
6,849
8,817
59,124
3,009
4,519
58,027
117,151
3,009
4,815
212
296
Total income
73,941
58,015
131,956
66,652
58,323
124,975
re on:
Charitable activities
151,109
151,109
130,782
130,782
Net (outgolng)Ilncomlng
resources bofore
transfers
(77,168)
58,015
(19,153)
(64,130)
58,323
(5,807)
Gross transfers
be￿een funds
75,554
(75,554)
65.391
{65,391)
Net expenditure for the
yearl
Net movement in funds
(1,614)
(17,539)
(19,153)
1,261
(7,068)
(5.807)
Fund balances at 1 January
2023
463,717
81,580
545,297
462,456
88,648
551,104
Fund balances at 31
December 2023
462,103
64,041
526,144
463,717
81,580
545,297
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.

IRISH COUNCIL OF CHURCHES
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Notes
Fixed assets
Tangible assets
11
267,409
266,470
Current assets
Debtors
Cash at bank and in hand
12
15,274
311,066
14,687
305,080
326,340
319,767
Creditors: amounts falling due within
one year
13
(67,605)
(40,940}
Net current assets
258,735
278,827
Total assets less current liabilities
526.144
545,297
Income funds
Restricted funds
Unrestricted frjnds
14
64,041
462,103
81,580
463,717
526,144
545,297
The financial statements were approved by the Trustees on 14 March 2024
Rt Rev A Forster
Trustee

IRISH COUNCIL OF CHURCHES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies
Charity information
Irish Council of Churches is a registered charity with the Charity Commission Nl and has the charity number
NIC102643. The principal activity of the charity continued to be the advancement of the Christian religion and
the promotion of eligious hamony
1.1 Accounting convention
The financial ststements have been prepared in accordance with the charty's goveming document, the
Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland" ('FRS 102") and the Charities SORP "Accounting and Reporting by Charities.. Statement of
Recommended Pra¢ti¢e applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). 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 not to prepare a Statwnent of
Cash Flows.
The financial ststements have departed from the Charities (Accounts and Reports) Regulations 2008 only to
the exient required to provide a true and fair view. This departure has involved following the Statement of
Recommended Pra¢tice for charities applying FRS 102 rather than the version of the Statement of
Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
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 ¢oncem basis of accounting in preparing the financial statements.
1.3 Charltable funds
Unrestricted funds are available for use at the discretion of the Trustees in fvrtherance of their charitsble
objectives.
Restricted funds are subject to specific conditions by donors 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 charty is legally entitled to it after any performance conditions have been met,
the amounts can be measured reliably, and rt 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 perfomance 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.
Legacies are recognised on receipt or otheThvise if the charity has been notified of an impending distribution,
the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a
contingent asset.
10-

IRISH COUNCIL OF CHURCHES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third paty, it is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of dIr￿t costs and
shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single
activity are allocated directly to that activity. Shared costs which contribute to more than one activity and
support costs which are not attributable to a single activity are apportioned be￿een those activities on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the asset's use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impaiment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases..
Freehold land and buildings
Fixtures and fittings
Computers
Not depreciated
200h straight line
330h straight line
The gain or loss arising on the disposal of an asset is determined as the difference be￿een the sale proceeds
and the Carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairnient of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such Ind￿atIOn
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment
loss (if any).
1.8 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-tem liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and se￿lOn 12
'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultsneously.
11

IRISH COUNCIL OF CHURCHES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting pollcles
Icontlnued)
Bas1¢ financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequenlly 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.
Baslc flnanclal 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 fijture 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 ¢redttors are recognised initially at
transaction price and sUbseqUen￿Y measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the ¢harty'$ contractual obligations expire or are discharged or
¢an¢elled.
1.10 Employee benefrts
The Cost of any unused holiday entitlement is recognised in the period in which the employee's services a
received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed
to temiinate the employment of an employee or to provide termination benefits.
1.11 Retiroment beneflts
Payments to defined contribution retirement benefft schemes are charged as an expense as they fall due.
crftlcal a¢¢ounting estimatos and judgements
In the application of the charity's accounting policies, the Trustees are required to make judgements,
estimates and assumptions about the Carrying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both cu￿ent and future
periods.
12-

IRISH COUNCIL OF CHURCHES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Donations and legacies
Unrestrlcted R88trictsd
funds
funds
Total Unrestricted Restricted
funds
funds
Total
2023
2023
2023
2022
2022
2022
Donations and gifts
58,687
57,803
116,490
59,124
58,027
117,151
Donations and gifts
Irish Episcopal
Conference
The Church of Ireland
The Presbyterian Church
of Ireland
The Methodist Church in
Ireland
The Non-subscribing
Presbyterian Church
The Religious Society of
Friends
The Redeemed Christian
Church of God
The Salvation Army
The Moravian Church
Irish District
The Lutheran Church in
Ireland
The Greek Orthodox
Church in Ireland
The Romanian Orthodox
Church in Ireland
The Cherubim and
Seraphim Church in
Ireland
The Antiochian Orthodox
Church in Ireland
The Indian Orthodox
Church in Ireland
The Syrian Orthodox
Church in Ireland
28,898
10,918
28,898
33,084
28,904
10,918
28,904
33,084
22,166
22,166
22,166
10,918
33,084
22,166
10,918
33.084
5,631
2,774
8,405
5,631
2.774
8,405
1,454
716
2,170
1,454
716
2,170
1,454
716
2.170
1,454
716
2,170
1,478
1,454
726
716
2.204
2,170
1,398
1,454
688
716
2,086
2,170
361
178
539
361
178
539
361
178
539
361
178
539
361
178
539
361
178
539
352
173
625
1,010
497
1,507
366
180
646
344
170
514
361
178
539
361
178
539
361
178
539
354
174
528
361
178
539
249
124
373
58,687
57,803
116,490
59,124
58,027
117,151
13-

IRISH COUNCIL OF CHURCHES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Other Incomo
Unrestrlcted Unrestricted
funds
funds
2023
2022
Miscellaneous income
6,649
3,009
Investments
Unrestricted Restricted
funds
funds
Total Unrestricted Restricted
funds
funds
Total
2023
2023
2023
2022
2022
2022
Rent received
Interest receivable
2,825
5,780
2,825
5,992
2,700
1,819
2,700
2,115
212
296
8,605
212
8,817
4,519
296
4,815
Charitable activities
Charltsble Charltable
Expendlture Expendlture
2023
2022
Staff costs
Committees and working groups
Cost of trustee meetings
Write backs
Exchange Rate Variance
Travel and subsistence staff
Office expenses
90,536
11,547
10,058
(9291
19
10,098
4,724
83,305
7,330
1,433
3,345
{329)
9,070
2,373
126.053
106,527
Share of support costs (see note 7)
Share of governance costs (see note 7)
18,958
6,098
17,855
6,400
151,109
130,782
14-

IRISH COUNCIL OF CHURCHES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Support Costs
Support Govemance
costs
Costs
2023
Support Governance
costs
costs
2022
Staff Costs
Depreciation
Insurance
Office expenses
Travel and subsistence
staff
Cleaning and upkeep
Publication costs
Bank charges
Utility costs
Stsff recruitment costs
Legal and professional
Repairs and
maintenanr
2,514
2,514
470
1,966
3,064
2,508
2,508
470
1,966
3,064
2,138
2,222
2,138
2,222
3,696
1,149
131
297
3,974
79
360
3,696
1,149
131
297
3,974
79
360
1,697
1,199
40
526
2,846
257
1,669
1,697
1,199
40
526
2,846
257
1,669
3,772
3,772
5,261
5,261
Accountsncy and legal
fees
3,584
3,584
3,892
3,892
18,958
6,098
25,056
17,855
6,400
24,255
Analysed between
Charitable activities
18,958
6,098
25,056
17,855
6,400
24,255
Governance costs includes payments to the independent examiners of £2,700 (2022- £2,100) for independent
examination fees.
Trustees
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the
charity during the year.
Employ88S
The average monthly number of employees during the yearwas..
2023
Number
2022
Number
Stsff
15-

IRISH COUNCIL OF CHURCHES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Employees
(Continued)
Employment costs
2023
2022
Wages and salaries
Social security costs
Other pension costs
78,013
6,736
8,301
72,691
5,452
7,670
93,050
85,813
There were no employees whose annual remuneration was more than £60,000.
10 Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section
252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
11 Tangible fixed assets
Freehold land Flxtures and
and buildings
ftttlngs
Computers
Totsl
Cost
At 1 January 2023
Additions
266,470
1,870
2,595
1,409
270,935
1,409
At 31 December 2023
268,470
1,870
4,004
272,344
Depreclallon and Impalrnient
At 1 January 2023
Depreciation charged in the year
1,870
2,S95
470
4,465
470
At 31 December 2023
1,870
3,065
4,935
Carrying amount
At 31 December 2023
266,470
939
267,409
At 31 December 2022
266,470
266,470
16-

IRISH COUNCIL OF CHURCHES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
12 Debtors
2023
2022
Amounts falllng due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
7,424
6,161
1,689
7,539
3,537
3.611
15,274
14,687
13 Credltors: amounts falling due within one year
2023
2022
Other taxation and social security
Trade Creditors
Other creditors
Accruals and deferred income
3,935
156
286
63,228
3,873
996
36,071
67,605
40,940
17-

IRISH COUNCIL OF CHURCHES
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
15 Anatysis of net assets between funds
Unrestricted Restricted
funds
funds
2023
2023
Total Unrestricted Restricted
funds
funds
2022
2022
Total
2023
2022
Fund balances at 31
December 2023 are
represented by..
Tangible assets
Current assetsl(liabilities)
267,409
194,694
267,409
258,735
266,470
131,856
266,470
278,827
64,041
146,971
462,103
64,041
526,144
398,326
146,971
545,297
16 Related party transactions
There were no disclosable related party transactions during the year (2022 - none).
19-