WHITEABBEY CONGREGATION OF THE PRESBYtERIAN CJIURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 315t DECEMBER 2023 TRUSTEES. ANNUAL REPORT FOR THEYEAR ENDED 31ST DECEMBER 2023 The Trnsrees present their report and the financial 5tstements forthe year ended 3tst December 203. 1.1 REFERENCE AND ADMINISTRATNE INFORMATION Charlty Name Whrteabbey Congregation of the Presbyterian Churth in Ireland Other names used bythe charlty Whiteabbey Presbyterian thurth Whiteabbey Presbyterian wpc Northern Ireland Charfty Number NIC104452 Operniional Address 602 Shore Road Newtownabbey Co Antrim BT37 (SN Members ofthe Board of Trustees (Kirk Session) RevAngus Stewart Dr Neale Blair Mr Clifford Campbell Mrs Carolrne Chambers Mr Mark Chambers Mr Thomas Creighton Mr Gareth Dalzell Mr Rodney Fergu50n MrDawd Gamble Dr James Gamble DT Harold HaNey Dr Tim Huev Mr Roland Jamiso Mr David Arnold MrAlpin Mr Philip McBride MT Richard McChe5ney Mrs Ann Mcclelland Mr lan Mcclelland Mr Alan Mccreedy Mrs Sadie ML(ullough Mr David McNicol Mr5 Rosemary McNicol Mr Allan Nesbttt Mr5 Vyvienne Orr Mrs Elaine Rvssell MT Richard Shearer Mrs Christine Swarbrick Mr Ken Swarbrick Mr Alan Taylor Mr Jim Warke MANAGEMENT INFORMATION Office Bèarers Rev Angus Stewart........... MINISTER Mr Richard Mcchesney........ CLERK OF SESSION Vacant......................... DEPUTYCLERKOFSESSION Mrs Rosemary McNicol........ SECREtARYOF CONGREGATIONALcOMMf￿EE Mr Rodney Ferguson.......... TREASURER OTHER INFORMATION Reportyng Accountant Diamond & Skillen Sinclarr House 891101 Royal Avenue Belfast BTI IFE Bènke Danske Bank Limtted Donegall Square West Belfast BTI 6JS Diamond &SLillen Poge Z of 20 BelfartFTI IFE WHITEABBEY CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2023 l.Z The purpose and objectbves of White•bbey Presbyt*ian (hurch Whilst our ultimate purpose is to put into practi￿ those features of a Christian churth identified in the Bible showing God'5 love, care and ¢ompassion to all with whom we come in contact- our purFW)se is summarised the PCI Code Ithe Governing document of the Presbyterian Church in Ireland) as follows-. g. (IJ The vlsible Cliurth tonsists of all those throrjghout the world who pmfess to believe on the Lord Jesus Christ for solvtrtion to live obedient to God s Word. together with their children. (21 The visiblé Church wos estoblished by the Lord Jesus Christfor the glory of the Fother ond the t7dvoncement of HIS Kingdom in the world. These gret7t purposes ore to be utcomplished by the proclomotion of the Gospel. by wtitness-bearing to the truth as it is in Jesus ond by the promrtion of thristion fellowship ond mutuol edificution omong ollbelffevef*' It is appreciated that it is difficult by the nature of our purkX)se. and with the necessary attention to personal priwdcy. to articulate perforwance and achievements. We have attempted to do so later in this ￿pOrt ￿ the cwde measure of the numbers of public benefit services and activtties provided. the extent of volunteer participation and the level of attendante and partitipation bv members and the wider PLtbli 1.3 Governance and ManaÈèmÈnt Stnthre The Board ol Twstees of Whiteabbey Presbyterian Churth IWPC) is referred to in the Presbyterian Church context as the Kirk Sesslon which is made up of the ordained minister and the Ruling Elder5. Ruling Elders are elected by congregational vote based on list prepared by the Session of persons nominated by the congregation. The present EldeT5. and past Elde￿ who served during the reporting year. are listed above. The KI￿ Session is chaired Imoderatedl by a Teaching Elder who 15 normally the Ordained Minister called to the Church. Under the Presbyterian Church in Ireland IPCII form of govemance the corporate overS￿ht of WPC is the responsibility of the North Belfast Presbytery which superintends the splritual and temporal affairs of the congregations a&si8ned to it by thè General Assembly o* PCI. The Presbytery consists of the attNe mrnisters of congregations wrthin the Presbytèry. retired ministers. one elder appointed bythe firk Session of eath congregation and other Ind[￿dUal% allowed by the Code of PCI. Whilst the ultimate guide for WPC is the Bible. the Code (or Constitution Documentl of the PCI (latest amendment in 20221, fomis the Bovernance document through which we seek to meet our obligations to church members. the publlc and our statutory obligations and good practice aspirations under the Charities and other le8isL3tion. At WPC a cle￿ of Session is elerted from amongst the elders. The Kirk Session meets at least six times each year. Several Kirk Session Ministry Grovps have been set up to expedite the vmrk of the ￿Tk Session and each ￿portS, and submits proposals, to Kirk Session on a regular ba￿5. Whilst the firk Session has overall responsibility for the 80vernan￿ of the thurth, selected tasks a￿ delegated to the Congregational Commtttee ICCI and the day to day m3nagernent to the Staff Ministry Team. To facilitate communication and onsi5tent deusion making all members of Kirk Session are ex-officio members of the CC. the Committee is chaired by the Minister and the CC rninutes are a fixed rtem on the Kirk Session 3genda. stsff team members are invited to attend Kirk Sesslon meetirgs. North Belfast Presbytery PCI Genera Assembly Congregational I Committee wpc KIRK SESSION Kirk Sesson MinEtr Grou Figure lil.. Whiteabbey Presbyterian Church Governan￿ Strutture Diatnond Skkllen Poge 3 of20 BE￿trTI IPE WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2023 IA Achievements and perf0mian￿ (Publlc Benefft Report) The Trustees are aware of the importance of achiewng public benefft as described In the WPC entry on the CCNI Register and welcome the guidance given in the CCNI documents. We consider that working ft)T the public benefft h3s been a core activity of WPC Sin￿ it5 foundotion in 1833 and it fits easity wtthin our current wsion. tt is a continuous thread in discussions and decision rnaking at governance meetings. In addition to the essential work of our nine hjll and part-time paid employees, unpaid volunteers contribute a siBnlficant numl2r of hours per week in delivering a wide range of artivtties and services. This is the source of energy through which Our public benefft is delivered. and the TTU5tees express their sincere thanks to all our stafF and volunteers. The public benefft seThices delNered by WPC are listed in Table lil. and a statistical description of the level of participation is shown In Table liil. Badminton Club Funeral Servi￿5 The Will3ge IAnnual Youth Event partnershipl Baptismal Servi￿$ Grief Share BB Anchor Boys Holiday Bib￿ aub Ichildren's Annual Event) WhiteabbeyTradèrs Association Membership Wedding Ceremonies BB Company Section BB JuniorSection Home Groups Weekty Studles GA Anchor Girls Hope Street Iweekly Youth Event) Finanual land occasional physicall support for selected missions and poverty reltef organisations GA Junlor G¥rfs Indoor bowls GA Girls Companyl Seniors Casual Café loccaslonal coffee and chat event for all) Kids & Co. (Mothers Carers & ToddleF5) Kingdom kid5 Mulanje, Malawi Mission Partnèrship C3terin8 Team Serytce Pastoral visits to homes, hospitals and Retirement ènd Care Homes Chrlstiantty Explored Study Group Crèche Retirement and Care Homes Servi￿$ Crossroad5 (Male Youth Home Group) Deeper Iyovth events) Sew & So's Craft Group Storehouse Ifoodbank nJn in Partnew5hip with Whr(eabbey chUrd￿TOgether Partnership) Sunday MorninE Seryi Discipleshtp Duos Dun iaoBhaire PC Partnership Divorce Care Sunday Evening Semce Firehouse (Female Youth Home Groupl Friendship Hour Ifor older members and friends) &Jnday Morning Live (Children's Sunday Schooll The Pod IRe8ular Youth Study Event) Further details on these organisatrons and activities are aYdiLible on ourwebsitewhite3bbey.org and in our re8ular publit*bons- the weekly printed Notice5. the weeklyeBulletin and thè quartedy Whiteabbey Presbyterian New5. Several of our organisations and activities a￿ prowded for children and young people. The essential s3fe8uardin8 is facilitated through the PCI Taking Care programme forwhich have two members appointed as Oesignated Persons. Table li): Publlc benefit services provided by WPC Diamond I*Skillcn Pqqe4 of20 WHITEABBEY CONGREGATION OF THE PRESBYfERIA14 CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2023 2023 2022 Number of families under the pastoral care of the church 418 Number of persons - under18yeors - 19- 64 yeors . Over65 years - TOTAL ioi 498 517 304 296 886 914 Average Weekly participants 325 Avernge Weekly participants 310 Sunday Service5 - Morntng - Evening Average number of weekly online views IYouTubel Bible Studies and Fellowship meetings lexduding Sunday Serwcesl Sunday School l Bible cla55 type activities Non-uniformed organisations for ch41dren and young people Uniformed organi5ations for children and young peop Table lil). Level of participatlon In organlsatiorts and activitie5 a5 a crude measure of impact 50 50 283 290 240 215 43 15 54 83 Ststementoj Trustees'Responsibllities ond Corporate Governonre The organis3tion has been registered wth the Chaiity Commission for Northern Ireland. The Elders are responslble for their annual report and for the preparatlon of financi31 st3ternents for each financial year which give a true and fair vÈew of the state of affairs of the Organisation and of the net movement in fvnds of the organi5at￿n for that period. In preparing those financial statements. the Elders are reguired to=. Selett 5Ultable accounting policies and then apply them consi5tentty- Observe the methods and principles in the Charities SORP.. Make judgements and estimates that are ￿aSOnable and prudent: State whether applicable accounting standards have been followed subject to any mèterial departures disclosed and explained in the financial statements., ond Prepare the financial statements on the going concern basis unless it is rnappropri*e to p￿sume that the or8ani5ation will contintje to fvnction. The Elders a￿ re4Jonsible for en5urin8 that the Organisation keeps proper atcourrting records whKh disclose wtth reasonable accuracy at any time the financtal wsition of the organi5ation and to enable them to ensure that the financial statements comply with Charities lewslation. They are also responsible for safeguarding the assets of the Organisation and hence for tskin8 reasonable steps for the prevention and detection of fraud and other *r￿g￿lay1t[eS and to provide reasonable assurance that.. The Organi5ation is operating effiaently and effecttvety- All a55ets are safeguarded against unauthorised use or disposition Jnd are properly applied.. Proper records are maintained and financial information used wtthin the Or￿DisatiOn. or for publtcation. is reJiable,'ond The Organisation complies wfth relevant laws and regulations In so far as the Elders are awdre at the time of approvtng our trustees. annual ￿PDrt- there is no relevant inforrnation. being inforniation needed bythe a￿￿r(Or in Connertion with preparing their report, of which the chariVs reportlllg accourtant ts unaware,. ond the Elders. having made enq¢Jiries of fellow Elder5 and the chariVs reporting accountènt that they ou8ht to have Indlvldually taken, hève each taken all 5tep5 that hel5he 15 obliged to take as a trustee in orderto make themselves aware of any relevant audit Trnformation and to establish that the reFN)rting accountant 15 aware of that inforniation. Diamond • Skillcii Poge 5 of 20 fastm IFE WHITEABBEY CONGREGATION OF THE PRES8YfERIAN CHURCJI IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2023 Intemalcontrols The Kirk Session has overall responsibrlity for Ènsuring that Whr(eèbbey Presbyterian Church has a system of internal control. Such a system of control can provide only ￿2$Onable and not absolute assurance a83inst errors or fraud. Controls are concerned with Safeguarding the church'5 a55ets and malntaining the integrity of accounting control5. Rlskstatement An internal risk asse55ment ha5 been undertaken in orderto identifythe maior risks to whrth the organisation is exposed. The Kirk Session recognise5 its responsibiltty for the management of iisk. RAskManugement The organisation has in ￿ate a well-estsblished system of internal controls that govern fts operètions. These controls have been designed to provide 8 reasonable assuran￿ against risks. STATEMENT OF COMPUANCE WITH ThE TO HAVE REGARD TO THE CHARifY COMMISSION FOR NORThERN IRELANtyS GUIDANCEON PUBUCBENEF In setting our objectives and planning our activities for the year ihe trustees have given carefvl consideration to the Charity Ctsmmi5sion for Northern Ireland's Buidance on public benefft to enSts￿ ihat the att￿ille5 hzve helped to achieve the Charity, purpose and provide a benefft to the ￿nefi￿arles. No hami and no prrvate benefft llowed from the purposes of the charity. FINANaAL REVIEWand RESERVES POUCY The Elders believe that the Organisation Should hold financial reserves because= It has little endowment funding and is curreFTrtty [l￿ndent for income upon donètior15 from year to year whrth are 5ubjert to rev4ew,' It requires protertion against and the abilFty to continue operating desprte unforeseen setbacks.'ond It requires the ability to be able to take advantage of change and opportunities to further its objectives. The Elders believe that the level of unrestricted reserves ￿presented by investments and net current assets should be the equivalent of between three and preferably SIK months, operdting costs calculated and reviewed annually. Reserves should be bullt up to the desired level in stages tonsi5tent with the charitvs overall finanaal position alld its need to maintain and develop it5 charitable act4Vities. The level of totsl unrestrirted reserves stands at £121.67412022. £107,735) represented by investments and net current a55et5. Operating costs lon unrestricted funds ontyl currentty amount to approximately £285.CIXI per year, this would rnean a target reserve balance of between £71,250 and £142,5C(s. The current level of reserves therefore is within the terms of the Reserves Policy. Details of the Chartws funds are shown in Note 15. An anatysis of the Charitys net assets be￿een the fijnds is given in Note 13. The Elders consider that sufficient fewurces a￿ held in an 3ppropriate forni to enable each fund to be applied in accordance with ny restrirtion imp05ed. EMPLOYEES The Charrty aims to be an or￿n1$¥t10n that employees enjoy worknig for and Whe￿ they feel supported and developed. Employees are kept fully informed aboirt its strJte8y and obiectwes. as well a5 day to day news ènd events. ReBular information about the organisation is availab￿ through meeting% and È-mai15. All employees are encouraBed to grve their viÈws and su8gestions on performance and strategy. INDEPENDENT EXAMINERS Diamond & Sktllen Chartered Accountants were appointed as the chaw¥Vs independent examiners. This report was approved by the Trustees on 20th March 2024 and signed on it5 behalFbv: Mr Richard Mtchesnev Clerk of Session Diamond Puge 6 of 20 Skillcn 31￿￿1[ Houx.WJIIOI Bdf&%Ltrti IFÉ