an
ABBEY PRESBYfERIAN CHURCH, MONKSTOWN CONGREGATION OF THE
PRESBYfERIAN CHURCH IN IRELAND
Independent Examinerfs Report
for the year ended 31 December 2024
Registered Charlty In Northern Ireland (NIC104321)

an
Independent examinerfs report to the charity trustees of Abbey Monkstown Presbyterian
Church
st
I report on the accounts of the Church for the year ended 31 December 2024 which are set
out on pages I to 7.
Respective responsibilities of charity trustees and examiner
As the charity's trustees you are responsible for the preparation of the accounts in accordance
with the Charities Act (Northern Ireland) 2008.
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(9)(b} of the Charities Act.
state whether particular matters have come to my attention.
Basi5 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.
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 consideration of any
unusual items or disclosures in the accounts, and seeking explanatlons 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..
That accounting records were not kept in accordance with Section 63 of the Charities Act.
That the accounts do not accord with those accounting records.
That the accounts do not comply with the accounting requirements of the Charities Act.
That there is further information needed for a proper understanding of the account to
be reached.

an
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.
Name:
Roy Eakin
Occupation
Retired Bank Official
Address:
18 Farm Lodge Road, Greenisland
Carrlckfergus, Co Antrim BT38 8XH
Date:
th
07 March 2025

an
ABBEY MONKSTOWN CONGREGATION OF THE PRESBYTERIAN
CHURCH IN IRELAND
Financial Statements
for the year ended 31 December 2024
Reglstered Charity In Northern Ireland qNIC104321)

Presbyter
an
Abbey Monkstown Presbyterian Church - a Congregatlon of The Presbyterlan Church in Ireland
ststement of Financial Actlvity (Receipts and Payments Account)
for the year ended 31 December 2024
Unrestricted Restricted Endowment
Funds
Funds
Funds
Total
2024
Total
2023
Notes
Receipts
Donations and legacies
Charitable activities
Other trading actlvities
Investment Income
Other
Organisations
101456
40293
1115
141749 141651
1957
1422
1703
17450
21849
1422
1703
2220
1872
23695
30150
17450
21849
Sale of Investments
Sale of fixed assets
Loans Received
Total Recelpts
105423
80707
186130 201492
Payments
Raising funds
Charltable activities
Investment costs
Other
Organisatlons
457
133097
457
434
186055 200877
52958
1425
23718
1425
23718
4552
20411
Purchase of Investments
Purchase of fixed assets
Loan Repayments
ioooo
ioooo
Total Payments
133554
88101
221655 236274
Net recelpts l (payments)
-28131
-7394
-35525 -34782
Transfers between funds
4500
4500
Net movement in fund5
-23631
-11894
-35525 -34782
Funds brought forward
83980
84759
168739 203521
Funds carried fonvard
12
60349
72865
133214 168739
Page -l-

Presbyter
an
Abbey Monkstown Presbyterian Church - a Congregation of The Presbyterian Church in Ireland
Statement of Assets and Liabilities as at 31 December 2024
Unrestricted Restricted Endowment
Funds
Fund5
Funds
Total
2024
Total
2023
Funds Reconclllation
Bank and Cash at start of year
Net movement in funds
83980
-23631
84759
-11894
168739
-35525
203521
-34782
Bank and Cash at end of year
60349
72865
133214
168739
Bank & Cash Balances
Ulster Bank Current Account
Co-operatlve Bank Account
Cash in hand - Organlsations
Bank Current Accounts - Organlsatlons
113384
2185
251
17394
133214
145355
3870
579
18935
168739
Total
Other Assets
Fixed Assets - Note 10
Church Premises
Fixtures and Fittlngs
Vehicles
Investments - Note 11
Gfft Aid receivable on donatlons
Other assets
19000
15000
Uabilities
Loans
Other liabillties
7500
175
Approved by the Kirk Session at a meeting on 17th March 2025 and signed on its behalf by
Name
Flona Cochrane
Name
Douglas Ross
Date
17th March 2025
Date
17th March 2025
Page -2-

Presbyter
an
Abbey Monkstown Presbyterian Church- a Congregation of The Presbyterian Church In Ireland
Notes to the account5 - 31 December 2024
Accounting Policies
Basi5 of Flnancial Statement5
As the total income of the congregation is less than £250,000 the congregation have elerted in accordan
wlth the provisions in The Charities (Accounts and Reports Re8ulatlons) (Northern Ireland) 2015 to prepare
its accounts on a receipts and payments basls.
Fund Accounting
Endowment funds are funds, the capital of which must be retalned either permanently or at the
congregation's discretion; the income derived from the endowment is to be used either as restricted or
unrestricted income funds dependln8 upon the purpose for which the endowment was established in the
first place.
Restrlcted funds comprlse lal Income from endowments which Is to be expended only on the restricted
purposes intended by the donor and Ibl revenue donations or grants for a specific congregational activlty
intended by the donor. Where these funds have unspent balances, interest on their pooled investrnent is
apportioned to the individual funds on an average balance basls.
Unrestricted funds are income funds which are to be spent on the congregation's general purposes.
Designated funds are general funds set aside by the congregation for use in the future.
Donations and Le8acles
Unrestrlcted
Funds
Restricted Endowment
Funds
Funds
Total
2024
Total
2023
Recorded givings
Loose collectlons
Donations & gifts
Gift Aid
Legacies &
bequests
79220
3788
639
17809
32173
111393 114868
3788
4253
3283
6178
23285
16352
5476
101456
40293
141749 141651
Page -3-

an
Abbey Monkstown Presbyterlan Church - a Congregation of The preS￿erIan Church in Ireland
Notes to the accounts (cont'd) - 31 December 2024
Charltable Activities
Unrestricted
Funds
Restrlcted Endowment Total
Funds
Funds
2024
Total
2023
Income from publlcations
Flower Ministry
842
699
1205
1115
1115
1115
1957
1904
Other Tradlng Activltles
Unrestrfcted Restrfcted Endowment Total
Funds
Funds
Funds
20Z4
Total
2023
Car park income
NIE line
1400
22
1400
22
2200
20
1422
1422
2220
Investment Income
Unrestricted Restrlcted Endowment Total
Funds
Funds
Funds
2024
Total
2023
Deposit Interest
General Investment Fund
Rents investment
propertles
Other investment Income
1703
1703
1872
1703
1703
1872
Page 4-

an
Abbey Monkstown Presbyterian Church - a Congregation of The Presbyterian Church In Ireland
Notes to the accounts (cont'd) - 31 December 2024
Other Income
Unrestrlcted Restrlcted Endowment
Funds
Funds
Funds
Total
2024
Total
2023
Heat & Llght {Donationsl
Grant- CMI
Prayer Retreat
Grant - Urban Mlssion Trust
Retirement presentation
4500
7500
450
4500
7500
450
5000
2480
ioooo
1215
23695
17450
17450
Ralslng Funds
Unrestrlcted Restrlcted Endowment
Funds
Funds
Funds
Total
2024
Total
2023
FWO envelopes
Fundraising events
457
457
434
457
457
434
Charitable Actlvltles
Unrestrlcted Restrfcted Endowment
Funds
Funds
Funds
Total
2024
Total
2023
General Assembly Assessments
Presbytery fees
Minlstry and support staff costs
Congregational running expenses
Mission Resource & Training
Donations to Missions and Charities
Governance costs
20756
853
71074
39352
812
20756
853
83574
73501
812
16309
16527
668
91461
66738
1554
23429
125(K)
34149
16309
250
250
500
133097
62958
196055 200877
Page -5-

an
Abbey Presbyterian Church - a Congregation of The Presbyterian Church in Ireland
Notes to the accounts (cont'd) - 31 December 2024
Other Expenditure
Endowmen
Unrestrlcted
Funds
Restricted
Funds
Total Total
2024 Z023
Funds
Retirement presentation
Flower Ministry
A Carson (transfer from Special funds)
Sunday School account from Speclal Funds O
Prayer Retreat
1215
897
1440
1000
785
785
640
1425
1425 4552
10
Flxed Assets
The congregation owns the Church premlses sltuated at 99- 101 Monkstown Road, Newtownabbey,
Co Antrim BT37 OLG, the Manse occupled by our Mlnlster and hls family sltuated at 67 Mount
Pleasant Road, Nevrtownabbey, BT37 ONQ and the associated fixtures, fittings, plant and machinery.
These have a comblned insurance value of £3,877,370 at last renewal date of 31 October 2024.
11
Investments
The congregation has the followlng Investments. Amounts are shown at market valuation
2024 2023
General Investment Fund at market valuation
Property
Other investments
Page -6-

an
Abbey Monkstown Presbyterian Church - a Congregation of The Presbyterian Church in Ireland
Notes to the accounts (cont'd) - 31 December 2024
12 Fund Balances
Balance
at start
Recelpts Payment
Surplus l Transfers
(Deficit)
Balance
at end
Unrestricted Funds
General Fund
83980
105423
133554
-28131
4500
60349
83980
105423
133554
-28131
4500
60349
Re5trfrted Funds
Maintenance of Propertv
Unlted Appeal
General Mission Fund
Presbyterian Chlldren's Society
Tear Fund
Moderator's Appeal
Release International
Benevolent
Tullamore PCI
Christmas Local Mission
Spark Newtownabbey
LIFT
Prayer Retreat
Hollybank PS (local misslon coffee)
Local Mlssion
Hands of Fellowship
MVI
Scripture Unlon
Student Bursary Fund
Others
Organlsatlons
Heat & Light
Bequest
Grants - Evangelist
Flower Ministry
40724
20501
34149
12069
-13648
-12069
17137
103
-232
27076
12069
-14801
22557
17137
103
768
24893
103
iooo
232
30
30
40
705
500
200
500
35
250
i(x)
-460
505
-500
-35
-250
-100
-190
460
272
777
500
35
250
100
190
450
55
loo
500
55
loo
5(H)
500
500
-500
-500
379
500
500
379
379
319
17645
319
19514
21849
4500
23718
-1869
4500
-4500
iooo
12500
1120
12500
785
308
335
643
84759
80707
88101
-7394
-4500
72865
Endowment Funds
General Investment Fund
Total Funds
168739
186130
221655
-35525
133214
Page 7