Presbyter
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CASTLEREAGH PRESBYtERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
Castlereagh Presbyterian Church
a congregation of the Presbyterian Church in Ireland
Trustees Annual Report and Financial Statements for the year ended
31st December 2024
Registered with the Chority Commi55ionfor Northern Ireland NIC 104335

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CASTLEREAGH PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
TRUSTEES ANNUAL REPORT
The Trustees present their Annual Report and Financial Statements for the year ended
31st December 2024 including a Balance Sheet as at that date.
REFERENCE AND ADMINISTRATIVE DETAILS
Castlereagh Congregation of the Presbyterian Church in
Ireland
79 Church Road
Castlereagh
Belfast
BT6 9SA
Registered Charity in Northern Ireland (NIC 104335)
CHARITY TRUSTEES
The Charity Trustees who served during the year or who were trustees at the date of this
report were..
May Anderson
Andrew Mccann
Phyllis Grier
Rev. Mervyn Burnside
John Hanna
PRINCIPAL OFFICE BEARERS
Minister
Clerk of Session
Accounts prepared by
Rev. Mervyn Burnside
Andrew Mccann
PGR Accountants Ltd, 21 Old Channel Road, BT3 9DE
INDEPENDENT EXAMINER
Jonathan McNeill, ACA, 21 Old Channel Road, Belfast, BT3 9DE
BANKERS
Danske Bank, Donegall Square West, Belfast, BTI 6JS
SOLICITORS
King & Gowdy Ltd, 298 Upper Newtownards Road, Belfast, BT4 3EJ.

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CASTLEREAGH PRESBYTERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
TRUSTEES ANNUAL REPORT (continued)
The General Assembly
The General Assembly is the supreme court of the Church, representing in one body the
whole Church and acting as its supreme legislative, administration and judicial authority,
in dealing with all matters brought before it. The General Assembly is normally constituted
during the first week in June for worship and to conduct its business. At the end of business
it is dissolved, The membership of the General Assembly consists mainly of the active
ministers of each congregation, retired minsters and a representative elder appointed by
the Kirk Session of each congregation.
DESCRIPTION AND PURPOSE
Castlereagh Presbyterian Church is a congregation of the Presbyterian Church in Ireland.
The Presbyterian Church in Ireland, as a Reformed Church within the wider body of Christ
is grounded in the Scriptures, and exists to love and honour God through faith in His Son
and by the power of His Spirit, and to enable her members to play their part in fulfilling
God's mission to our world.
The congregation's mission purposes is by the grace of God, to help people of all ages
become fully devoted followers of Jesus Christ. Our vision is, by the grace of God, to be
an inclusive, welcoming community of Christ's people of all ages, which..
is increasingly characterised by love for God, and love and concern for others,.
is committed to the historic Christian gospel as revealed in the Bible,.
is relevant to people of this time and place.
The congregation aims to live out its Mission and Vision as a family of God's people by
being..
A Covenant Community.. where our relationships are rooted in the promises of God by
living faithfully toward him and toward one another
An Intergenerational Community.. where adults intentionally take the lead to engage
with, encourage and nurture younger members to maturity in Christ.
An Outward looking Community.. where we want the blessings of God that belong to
us in the gospel to become blessings for others beyond the bounds of our community.
As a congregation of the Presbyterian Church in Ire13nd, we believe that the Bible is
the supreme authority over 311 we do, and that the Westminster Confession of Faith,
along with the Larger and Shorter Catechisms set out what we understand the Bible
teaches on key matters of Christian faith and practice.

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CASTLEREAGH PRESBYTERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
TRUSTEES ANNUAL REPORT (continued)
Pastoral care
Members of the congregation who are unable to attend church due to sickness or age are
visited on a regular basis by the minister, elders or by one of the congregation's pastoral
V151tors.
Mission and outreach
The congregation supports the United Appeal for Mission which is a central fund of the
Presbyterian Church in Ireland. This fund enables congregations to support the wider mission
of the denomination and to do mission and outreach on denominational basis beyond what
the congregation could do on its own. The United Appeal Fund provides financial support for
mission personnel at home and overseas, assists congregations with the deployment of locally
based staff, enables church planting, provides grant support for the upkeep of church
premises, assist with the running costs of Union Theological College, the Church's training
college for ministry students, and financially supports congregations in the areas of worship,
discipleship, global mission, outreach, leadership and pastoral care.
Presbytery
The congregation was represented at the regular meetings of Presbytery by our minister
and/or one of the elders. This provides an important link between the congregations and the
wider structures of the church,
General Assembly
The minister and one of our elders were nominated to attend the meeting of the General
Assembly of the Presbyterian Church in Ireland held in Assembly Buildings, Belfast, in June.
Organisations
The congregation supports a number of organisations who actively make use of both the
Church and Hall facilities, including Boys, Brigade for children and young adults, Hilltop
group for older members of the congregation, Presbyterian Women and more.
Subject to the Approval of Kirk session outside organisations such as Ravara Productions
have been able to use the facilities for rehearsal space. Again subject to approval of Kirk
Session and availability, various outside groups and individuals have been able to avail of
the facilities for various family celebrations.

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CASTLEREAGH PRESBYTERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
TRUSTEES ANNUAL REPORT (continued)
FINANCIAL REVIEW
The congregation's main source of income is members, contributions including the Weekly
Freewill Offering with donations totaling £43k which 15 included in Donations and Legacies.
There were 118 contributors during the year, a similar number to the previous year: donating
a total of £58k to the funds.
The total Income of the congregation during the year was £116k, which was lower than the
previous year (£125k).
Total expenditure increased from £125k to £138k.
The trustees are content with the financial position of the church and of its funds at 31.
December 2024.
RESPONSIBILITIES IN RESPECT OF THE FINANCIAL STATEMENTS
The Trustees are responsible for preparing the Annual Report and the financial statements in
accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
The Trustees are required to prepare financial statements for each financial year which give a
true and fair view of the state of affairs of the congregations and the financial activities for
that year. In preparing the financial statements the Trustees are required to:
select 5Ultable accounting policies and then apply them consistently
make judgements and estimates that are reasonable and prudent
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the Funds will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient to
show and explain the funds transactions and disclose with reasonable accuracy at any time
the financial position of the congregations and enable them to ensure that the financial
statements comply with the Statement of Recommended Practice"Accounting and Reporting
by Charities (FRS 102 1 January 2019)" They are also responsible for safeguarding the assets
of the congregation and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.

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INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF CASTLEREAGH
PRESBYTERIAN CHURCH
I report on the financial statements of Castlereagh Presbyterian ChLJrch {or"the charity") for the financial year
ended 31 December 2024, which comprise the Statement of Financial Activities, the Balance Sheet and the related
notes.
Respectlve responsibilltles of trustees and examlner
As the charity trustees you are responsible for the preparation of the accounts in accordance with the terms of the
Charities Act (Northern Ireland) 2008 as amended by the Charities Act (Northern Ireland) 2022 where applicable.
Having satisfied myself that the charity is not subject to audit under charity law, and is eligible for independent
examination, it is my responsibility to..
examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008 ('the Charities Act'l as
amended by the Charities Act (Northern Ireland) 2022 where applicable.,
follow the procedures laid down in the general D1￿ctionS given by the Charity Commission for Northern Ireland
under section 6519llbl of the Charities Act. and
state whether particular matters have come to my attention.
Basis of independent examiner's report
I have examined the charity accounts as required under section 65 of the Charitie5 Act and my examination was
carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under
section 6519llbl 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 included consideration of any unusual items or disclosures in the accounts and
seeking explanations from you as charity trustees concerning any such matters.
An independent examination does not involve gathering all the evidence that would be required in an audit and
conseqLJently does not cover all the matters that an auditor considers in giving their opinion on the accounts. The
planning and conduct of an audit go beyond the limited assurance that an independent examination can provide.
Consequently, l express no opinion ès to whether the accounts p￿sent a 'true and fair view, and my report is limited
to those specific matters set out in the independent examiner's statement.
My role is to state whether any material matters have come to my attention giving me reasonable cause to believe..
l. That accounting records were not kept in accordance with section 63 of the Charities Act (Northern I￿land) 2008
as amended by the Charities Att (Northern Ireland} 2022 where applicable;
2. That the accounts do not accord with those accounting records,.
3. That the accounts do not cofflply with the accounting requirements or methods and principles of the Statement of
Recommended Practice.. Accounting and Reporting by Charities applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021,. and
4. That there is further information needed for a proper understanding of the accounts to be reached.
Independent examlner's statement
I have completed my examination and have no concerns in respect of the matters 11) to {41 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.
Mr Jonathan McNeill
For and on behalf of
PGR Chartered Accountants
Unit 2 Channel Wharf
21 Old Channel load
Belfast, Co. Antrim
BT3 9DE
Date..

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CASTLEREAGH PRESBYTERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
Balance Sheet at 31st December 2024
Total Funds
2024
2023
General Restricted Endowment
Fixed assets
10.. Tangible assets
78,896
78,896
83,432
11.. Fixed assets Investments
587,851
587,851
587.851
Total fixed assets
666,747
666,747
671,283
Current assets
12.. Debtors
8,558
8,148
16,706
15,554
13.. Current assets Investments
61,409
14,503
75.912
72,494
14.. Cash at bank and in hand
91,824
46,837
40,642
179,303
196,338
Total current assets
161,791
54,985
55,145
271.921
284,386
15.. Creditors.. amounts falling due in one
year
Net Current assets less current
liabilities
76. Creditors.. amounts falling due after
more
than one year
Net assets
12.7001
110,2431
112,943} 113,147)
159,091
44.742
55,145
258,978
271,239
159,091
711,489
55,145
925.726
942,622
17: Funds of the Church
159,091
711,489
55,145
925,725
942,522
Approved by the Kirk Session at a meeting on I, May 2025 and signed on its behalf by:
Rev. M
Minister
vyn Burnside
Andrew Mccann
Clerk of Session

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CASTLEREAGH PRESB￿ERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS
31$t December 2024
ACCOUNTING POLICIES
INCOMING RESOURCES
(i) Recognition of incoming resources
These are included in the Statement of Financial Activities (SOFA) when..
• the congregation becomes entitled to the resources.
the trustees are virtually certain they will receive the resources. and
the monetary value can be measured with sufficient reliability.
(li) Incoming resources with related expenditure
Where incoming resources have related expenditure (as with fundraising income) the
incoming resources and related expenditure are reported gross in the SOFA.
(iii) Grants and donations
Grants and donations are only included in the SOFA when the congregation has
unconditional entitlement to the resources.
(iv) Tax reclaims on donations and gifts
Incoming resource5 from tax reclaims are included in the SOFA at the same time as
the gift to which they relate.
(v) Contractual income and performance related grants
This is only included in the SOFA once the related goods or services have been
delivered.
(vi) Gifts in kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity
or the amount attually realised. Gifts in kind for sale or distribution are included in
the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use
by the charity are included in the SOFA as incoming resources when receivable.

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CASTLEREAGH PRESBYTERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS
31st December 2024
ACCOUNTING POLICIES
(xiv) Grants payable without performance conditions
These are only recognised in the accounts when a commitment has been made and
there are no conditions to be met relating to the grant which remain in the control
of the cha rity.
ASSETS
(xv) Tangible Fixed Assets
Tangible fixed assets for use by charity are capitalised if they can be used for more
than one year, and cost at least £2,500. They are valued at cost or, if gifted, at the
value to the charity on receipt.
Depreciation is recorded on all tangible fixed assets other than freehold land, at
rates calculated to write of the cost, less estimated residual value, of each asset
over its expected useful life as follows:
Buildings..
Fixtures, fittings and equipment
over 50 years
over l O years
(xvi) Investments
Investments quoted on a recognised stock exchange are valued at market value at
the year end. Other investment assets are included at trustees, best estimate of
market value.
(xvii) Investment Property
Investment property will not be subjett to depreciation but rather be correctly
valued by the fair value movement each year.

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CASTLEREAGH PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS
31" December 2024
8. EMPLOYEES
Employment Costs
Wages and Salaries
Minister..
Caretaker..
36,995
35,234
Social Security Costs
5,006
5,276
Pension Contributions
8,879
8,456
other ministry and Support
Staff
3,542
3,291
54,422
52,257
Number of Employees
The average number of employees (including the minister of the congregation), during the year
was..
Average number of
employees
There were no employees in receipt of employee benefits in excess of £60,000.

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CASTLEREAGH PRESBYTERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS
31st December 2024
10. TANGIBLE FIXED ASSETS
Cost or valuation
At start of year
Additions
Revaluation
221,616 27,963
249,579
At end of year
221,616 27,963
249,579
Depreciation
At start of year
Provision for year
Revaluation
140,102 26,045
4,306
230
166,147
4,536
At end of year
144,408 26,275
170,683
Net Book Value
At start of year
At end of year
81,514
1,918
83,432
78,895
77,208
1,687
The land and buildings include freehold properties owned by the Congregation and
consist of the Church, Church Halls, Graveyard and the Manse.
As a Grade B+ Historic Building (HB25/13/002) the Church is classified as a
Historical Heritage Asset and has been valued at nil, in keeping with the Charities
SORP.
The Church property which is used to carry out the activities of the Church
includes the Church H311 and the Manse which are being depreciated over their
estimated economic life of 50 years.

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CASTLEREAGH PRESBYTERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS
st
31 December 2024
13. CURRENT ASSET INVESTMENTS
2024
2023
General Investment Fund
Other Investments
75,717
195
72,299
195
75,912
72,494
2024
2023
Value at start of year
Additions
72,494
66,494
Transferred
Impairment
Gains / (Losses on
revaluation)
Value at end of year
3,418
6,000
75,912
72.494
14. CASH AT BANK AND IN HAND
2024
2023
Bank Current Accounts
Bank Deposit Accounts
85,609
93,694
105,338
91,000
179,303
196,338
15.
CREDITORS: amount falling due within one year
2024
2023
Creditors
Accruals and Deferred Income
10,243
2,700
10,447
2,700
12,943
13,147

Presbyter
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CASTLEREAGH PRESBYTERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS
31st December 2024
17.
RELATED PARTY TRANSACTIONS
One of the Trustees, the minister of the Congregation received remuneration of £36,995
and expenses of £7,036 for acting in that capacity. A pension contribution of £8,879 was
paid by the Congregation in respett of the minister to the Presbyterian Church in Ireland
Pension Scheme (2009). None of the other trustees received any remuneration.
During the year the Congregation contributed the following amounts to Funds of the
General Assembly of the Presbyterian Church in Ireland, a separate charity..
£13,465 for Congregational Assessments
£2,850 towards the United Appeal
The congregation contributed £777 towards Presbytery Assessments during the year.
There were no other related party transactions.