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2024-12-31-accounts

Charity Commission for NI Registration Number: NIC104452

WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Report and Financial Statements for the year ended 31st December 2024

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

CONTENTS

Page (s)
Trustees’ Report 2 - 6
1.1 Reference and Administrative Information
1.2 The purpose, objectives and measures of achievement of Whiteabbey Presbyterian Church
1.3 Governance and Management Structure
Figure (i): Whiteabbey Presbyterian Church Governance Structure
1.4 Achievements and Performance (Public Benefit Report)
Table (i). Public benefit services provided by WPC
Table (ii). Level of participation in organisations and activities as a crude measure of impact
Independent Auditor’s Report 7 - 8
Statement of Financial Activities 9
Statement of Financial Position (Balance Sheet) 10
Statement of Cash Flows 11
Notes to the Financial Statements 12 - 21

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 1 of 21

WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024

The Trustees present their report and the financial statements for the year ended 31st December 2024.

1.1 REFERENCE AND ADMINISTRATIVE INFORMATION

Charity Name
Whiteabbey Congregation of the Presbyterian Church in Ireland
Other names used
Whiteabbey Presbyterian Church
by the charity
Whiteabbey Presbyterian
WPC
Northern Ireland
NIC104452
Charity Number
Operational Address
602 Shore Road
Newtownabbey
Co Antrim
BT37 0SN
Members of the Board
Rev Angus Stewart
Mr Richard McChesney
of Trustees (Kirk Session)
Dr Neale Blair
Mrs Ann McClelland
Mr Clifford Campbell
Mr Ian McClelland		 Charity Name
Whiteabbey Congregation of the Presbyterian Church in Ireland
Other names used
Whiteabbey Presbyterian Church
by the charity
Whiteabbey Presbyterian
WPC
Northern Ireland
NIC104452
Charity Number
Operational Address
602 Shore Road
Newtownabbey
Co Antrim
BT37 0SN
Members of the Board
Rev Angus Stewart
Mr Richard McChesney
of Trustees (Kirk Session)
Dr Neale Blair
Mrs Ann McClelland
Mr Clifford Campbell
Mr Ian McClelland		 Charity Name
Whiteabbey Congregation of the Presbyterian Church in Ireland
Other names used
Whiteabbey Presbyterian Church
by the charity
Whiteabbey Presbyterian
WPC
Northern Ireland
NIC104452
Charity Number
Operational Address
602 Shore Road
Newtownabbey
Co Antrim
BT37 0SN
Members of the Board
Rev Angus Stewart
Mr Richard McChesney
of Trustees (Kirk Session)
Dr Neale Blair
Mrs Ann McClelland
Mr Clifford Campbell
Mr Ian McClelland
Mrs Caroline Chambers
Mr Alan McCreedy
Mr Mark Chambers
Mrs Sadie		 McCullough
Mr Thomas Creighton
Mr David McNicol
Mr Gareth Dalzell
Mrs Rosemary McNicol
Mr Rodney Ferguson
Mr Allan Nesbitt
Mr David Gamble
Mrs Vyvienne Orr
Dr James Gamble
Mrs Elaine Russell
Dr Harold Harvey
Mr Richard Shearer
Dr Tim Huey
Mrs Christine Swarbrick
Mr Roland Jamison
Mr Ken Swarbrick
Mr David Arnold McAlpin
Mr Alan Taylor
Mr Philip McBride
Mr Jim Warke
MANAGEMENT INFORMATION
Office Bearers
Rev Angus Stewart. . . . . . . . . . . . MINISTER
Mr Richard McChesney. . . . . . . .CLERK OF SESSION
Vacant. . . . . . . . . . . . . . . . . . . . . . . . .DEPUTY CLERK OF SESSION
Mrs Rosemary McNicol. . . . . . . .SECRETARY OF CONGREGATIONAL COMMITTEE
Mr Rodney Ferguson. . . . . . . . . . TREASURER
OTHER INFORMATION
Independent Auditor
Nigel V Skillen FCA
Diamond & Skillen
Sinclair House
89/101 Royal Avenue
Belfast
BT1 1FE
Bankers
Danske Bank Limited
Donegall Square West
Belfast
BT1 6JS

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 2 of 21

WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

1.2 The purpose and objectives of Whiteabbey Presbyterian Church

Whilst our ultimate purpose is to put into practice those features of a Christian church identified in the Bible - showing God’s love, care and compassion to all with whom we come in contact - our purpose is summarised in the PCI Code (the Governing document of the Presbyterian Church in Ireland) as follows:

‘3. (1) The visible Church consists of all those throughout the world who profess to believe on the Lord Jesus Christ for salvation and to live obedient to God’s Word, together with their children.

(2) The visible Church was established by the Lord Jesus Christ for the glory of the Father and the advancement of His Kingdom in the world. These great purposes are to be accomplished by the proclamation of the Gospel, by witness-bearing to the truth as it is in Jesus Christ and by the promotion of Christian fellowship and mutual edification among all believers.’

It is appreciated that it is difficult by the nature of our purpose, and with the necessary attention to personal privacy, to articulate performance and achievements. We have attempted to do so later in this report by the crude measure of the numbers of public benefit services and activities provided, the extent of volunteer participation and the level of attendance and participation by members and the wider public.

1.3 Governance and Management Structure

The Board of Trustees of Whiteabbey Presbyterian Church (WPC) is referred to in the Presbyterian Church context as the Kirk Session which is made up of the ordained minister and the Ruling Elders. Ruling Elders are elected by congregational vote based on a list prepared by the Session of persons nominated by the congregation. The present Elders, and past Elders who served during the reporting year, are listed above. The Kirk Session is chaired (moderated) by a Teaching Elder who is normally the Ordained Minister called to the Church.

Under the Presbyterian Church in Ireland (PCI) form of governance the corporate oversight of WPC is the responsibility of the North Belfast Presbytery which superintends the spiritual and temporal affairs of the congregations assigned to it by the General Assembly of PCI. The Presbytery consists of the active ministers of congregations within the Presbytery, retired ministers, one elder appointed by the Kirk Session of each congregation and other individuals allowed by the Code of PCI.

Whilst the ultimate guide for WPC is the Bible, the Code (or Constitution Document) of the PCI (latest amendment in 2022), forms the governance document through which we seek to meet our obligations to church members, the public and our statutory obligations and good practice aspirations under the Charities and other legislation.

At WPC a Clerk of Session is elected from amongst the elders. The Kirk Session meets at least six times each year. Several Kirk Session Ministry Groups have been set up to expedite the work of the Kirk Session and each reports, and submits proposals, to Kirk Session on a regular basis.

Whilst the Kirk Session has overall responsibility for the governance of the church, selected tasks are delegated to the Congregational Committee (CC) and the day to day management to the Staff Ministry Team. To facilitate communication and consistent decision making all members of Kirk Session are ex-officio members of the CC, the Committee is chaired by the Minister and the CC minutes are a fixed item on the Kirk Session agenda. All staff team members are invited to attend Kirk Session meetings.

----- Start of picture text -----
North Belfast PCI General
Presbytery Assembly
Congregational WPC Kirk Session
Committee KIRK SESSION Ministry Groups
----- End of picture text -----

Figure (i): Whiteabbey Presbyterian Church Governance Structure

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 3 of 21

WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

1.4 Achievements and Performance (Public Benefit Report)

The Trustees are aware of the importance of achieving public benefit as described in the WPC entry on the CCNI Register and welcome the guidance given in the CCNI documents. We consider that working for the public benefit has been a core activity of WPC since its foundation in 1833 and it fits easily within our current vision. It is a continuous thread in discussions and decision making at governance meetings.

In addition to the essential work of our nine full and part-time paid employees, unpaid volunteers contribute a significant number of hours per week in delivering a wide range of activities and services.

This is the source of energy through which our public benefit is delivered, and the Trustees express their sincere thanks to all our staff and volunteers.

The public benefit services delivered by WPC are listed in Table (i), and a statistical description of the level of participation is shown in Table (ii).

in Table (ii).
Asylum Seekers Meeting Funeral Services Whiteabbey Traders Association
Badminton Club Grief Share Membership
Baptismal Services Holiday Bible Club (Children’s Annual Wedding Ceremonies
BB Anchor Boys
BB Company Section		 Event)
Home		 Groups Weekly Studies Financial (and occasional physical)
support for selected missions and
poverty relief organisations
BB Junior Section Hope Street (Weekly Youth Event)
GA Anchor Girls Indoor bowls
GA Junior Girls Kids & Co. (Mothers, Carers & Toddlers)
GA Girls Company / Seniors Kingdom kids
Casual Café (occasional coffee and chat Mulanje, Malawi Mission Partnership
event for all) Pastoral visits to homes, hospitals and
Catering Team Service Retirement and Care Homes
Christianity Explored Study Group Retirement and Care Homes Services
Crèche Sew & So’s Craft Group
Crossroads (Male Youth Home Group) Storehouse (foodbank run in Partnership
with Whiteabbey Churches Together
Discipleship Duos Partnership)
Dun Laoghaire PC Partnership Sunday Morning Service
Divorce Care Sunday Evening Service
Firehouse (Female Youth Home Group) The Pod (Regular Youth Study Event)
Friendship Hour (for older members and The Village (Annual Youth Event
friends) partnership)

Further details on these organisations and activities are available on our website whiteabbey.org and in our regular
publications; the weekly printed Notices, the weekly eBulletin and the quarterly Whiteabbey Presbyterian News.

Several of our organisations and activities are provided		 for children and young people. The essential safeguarding is
facilitated through the PCI Taking Care programme for which we have two members appointed as Designated Persons.
Table (i): Public benefit services provided by WPC

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

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WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

2024
2023		 2024
2023		 2024
2023
Number of families under the pastoral care of the church 402 404
Number of persons
-under 18 years		 67 84
-19 - 64 years 487 498
-Over 65 years 319 304
-TOTAL 873 886
Average Weekly
participants		 Average Weekly
participants
Sunday Services
-Morning		 320 325
-Evening 50 50
Average number of weekly online views (YouTube) 225 283
Bible Studies and Fellowship meetings (excluding Sunday Services) 230 240
Sunday School / Bible class type activities 74 43
Non-uniformed organisations for children and young people 126 90
Uniformed organisations for children and young people 80 83
Table (ii). Level of participation in organisations and activities as a crude measure of
impact

Statement of Trustees’ Responsibilities and Corporate Governance

The organisation has been registered with the Charity Commission for Northern Ireland.

The Elders are responsible for their annual report and for the preparation of financial statements for each financial year which give a true and fair view of the state of affairs of the Organisation and of the net movement in funds of the Organisation for that period. In preparing those financial statements, the Elders are required to:-

The Elders are responsible for ensuring that the Organisation keeps proper accounting records which disclose with reasonable accuracy at any time the financial position of the organisation and to enable them to ensure that the financial statements comply with Charities legislation. They are also responsible for safeguarding the assets of the Organisation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities and to provide reasonable assurance that:

Statement as disclosure to our auditor

In so far as the Elders are aware at the time of approving our trustees’ annual report:

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 5 of 21

WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

Internal controls

The Kirk Session has overall responsibility for ensuring that Whiteabbey Presbyterian Church has a system of internal control. Such a system of control can provide only reasonable and not absolute assurance against errors or fraud. Controls are concerned with safeguarding the church’s assets and maintaining the integrity of accounting controls.

Risk Statement

An internal risk assessment has been undertaken in order to identify the major risks to which the organisation is exposed. The Kirk Session recognises its responsibility for the management of risk.

Risk Management

The organisation has in place a well-established system of internal controls that govern its operations. These controls have been designed to provide a reasonable assurance against risks.

STATEMENT OF COMPLIANCE WITH THE DUTY TO HAVE REGARD TO THE CHARITY COMMISSION FOR NORTHERN IRELAND’S GUIDANCE ON PUBLIC BENEFIT

In setting our objectives and planning our activities for the year the trustees have given careful consideration to the Charity Commission for Northern Ireland’s guidance on public benefit to ensure that the activities have helped to achieve the Charity’s purpose and provide a benefit to the beneficiaries. No harm and no private benefit flowed from the purposes of the charity.

FINANCIAL REVIEW and RESERVES POLICY

The Elders believe that the Organisation should hold financial reserves because:

 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 represented by investments and net current assets should be the equivalent of between three and preferably six months’ operating costs calculated and reviewed annually. Reserves should be built up to the desired level in stages consistent with the charity’s overall financial position and its need to maintain and develop its

charitable activities.

The level of total unrestricted reserves stands at £145,966 (2023: £121,674) represented by investments and net current assets. Operating costs (on unrestricted funds only) currently amount to approximately £286,000 per year, this would mean a target reserve balance of between £71,500 and £143,000. The current level of reserves therefore c.2% above the upper target in terms of the Reserves Policy.

Details of the Charity’s funds are shown in Note 15. An analysis of the Charity’s net assets between the funds is given in Note 13. The Elders consider that sufficient resources are held in an appropriate form to enable each fund to be applied in accordance with any restriction imposed.

EMPLOYEES

The Charity aims to be an organisation that employees enjoy working for and where they feel supported and developed. Employees are kept fully informed about its strategy and objectives, as well as day to day news and events. Regular information about the organisation is available through meetings and e-mails. All employees are encouraged to give their views and suggestions on performance and strategy.

INDEPENDENT AUDITORS

Diamond & Skillen Chartered Accountants were initally appointed as the charity’s independent examiners for the year but this engagement was changed to a statutory audit when it became apparent that the charity required a full audit due to the level of its revenue in the year.

This report was approved by the Trustees on 11th March 2025 and signed on its behalf by:

Mr Richard McChesney

Clerk of Session

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 6 of 21

WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF WHITEABBEY PRESBYTERIAN CHURCH

Opinion

We have audited the financial statements of Whiteabbey Presbyterian Church (the ‘Charity’) for the year ended 31st December 2024 which comprise the Statement of Financial Activities, the Statement of Financial Position and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and the provisions available for small entities, in the circumstances set out in note 20 to the financial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:

Other information

The trustees are responsible for the other information. The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ Annual Report.

We have nothing to report in respect of the following matters in relation to which the Charities Act (Northern Ireland) 2008 requires us to report to you if, in our opinion:

cont’d.../

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 7 of 21

WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

Independent Auditor’s Report to the members of Whiteabbey Presbyterian Church (cont’d)

Responsibilities of the trustees

As explained more fully in the trustees' responsibilities statement set out on page 5, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the Charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the Charity or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the Charity's members, as a body, in accordance with section 65 of the Charities Act (Northern Ireland) 2008 and the regulations made under section 66 of that Act. Our audit work has been undertaken so that we might state to the Charity's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

————————————

Nigel V. Skillen FCA (Senior Statutory Auditor) for and on behalf of Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast, BT1 1FE

11th March 2025

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 8 of 21

WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST DECEMBER 2024

Notes Totals
2023
£
Totals
2024
£
Endowment
funds
£
Restricted
funds
£
Unrestricted
Funds
£

Fund balances c/f at 31st December

Fund balances b/f at 1st January
Reconciliation of funds
Net movement in funds for the year
9
Transfers between funds
10
Depreciation
Net surplus / (deficit) for the year
Total expenditure
4

Other expenses
4

Legal and professional fees
on other items
4 / 5

Programme costs
4.1

General administration costs
4.1

Travel and training costs
4.1

Premises costs
4.1 / 4.2

Employee costs
on charitable activities

Promotional costs
on raising funds
EXPENDITURE
Total income
3

Investment income
from investments
3

Other income
3

Gift Aid tax refunded
from other activities
3

Sale of publications
3

Special collections
from charitable activities
3

Grants and Donations
from donations and legacies
INCOME		 823
6,046
-
2
6,044
15,143
24,319
-
11,185
13,134
58,437
76,294
-
30,818
45,476
117
421
-
-
421
92,882
66,697
-
66,697
-
283,544
367,957
-
125,239
242,718
450,946
541,734
0
233,941
307,793
18,377
24,961
-
9,959
15,002
1,020
2,760
-
-
2,760
137,314
102,434
-
73,668
28,766
7,054
6,269
-
7
6,262
16,808
14,495
-
20
14,475
49,186
64,269
-
31,566
32,703
177,977
185,793
-
-
185,793
-
0
-
-
-
407,736
400,980
0
115,218
285,762
-
0
-
(2,261)
2,261
(11,385)
(11,385)
-
(11,385)
-
43,210
140,754
0
118,723
22,031
31,825
129,369
0
105,077
24,292
1,262,101
1,293,926
2,500
1,169,752
121,674
1,293,926
1,423,295
2,500
1,274,829
145,966

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

The notes on pages 12 to 21 form part of these financial statements.

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 9 of 21

WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

STATEMENT OF FINANCIAL POSITION (BALANCE SHEET) AS AT 31ST DECEMBER 2024

Notes 2023
£
2024
£
Total funds
15
Endowment Fund
Endowment funds:
15 / 19
Bowling Club
15 / 19
Friendship Hour
15 / 19
Badminton Club
15 / 19
2nd Newtownabbey Boys’ Brigade Company and Girls Association
15
Vision 33 Fund
15
Storehouse Fund
15
Property Management Fund
15
Mission Support Fund
15
Mission travel fund
15
Malawi Fund
15
Asset Holding Fund
Restricted income funds:
15
General funds
Unrestricted income funds:
THE FUNDS OF THE CHARITY
TOTAL ASSETS LESS CURRENT LIABILITIES
NET CURRENT ASSETS
12
PAYABLES: amounts falling due within one year

Cash and cash equivalents
11

Receivables
CURRENT ASSETS

Investments
INVESTMENTS
10

Tangible assets
NON CURRENT ASSETS		 942,899
931,514
942,899
931,514
200
200
376,640
503,789
20,059
25,141
200
200
(45,872)
(37,350)
396,699
528,931
350,827
491,581
1,293,926
1,423,295
2,500
2,500
441
314
275
277
855
624
1,108
1,420
-
100,431
10,188
9,918
157,052
177,802
45,164
45,937
11,770
6,205
-
388
942,899
931,514
121,674
145,966
1,293,926
1,423,295

The notes on pages 12 to 21 form part of these financial statements.

The financial statements on pages 2 to 21 were approved by the Kirk Session on 11th March 2025 and signed on their behalf by:

————————————

Mr Richard McChesney Trustee - Clerk of Session

————————————

Mrs Rosemary McNicol Trustee - Secretary of Congregational Committee

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 10 of 21

WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31ST DECEMBER 2024

Notes 2023
£
2024
£
Net cash and cash equivalents at 31st December 2024
Net cash and cash equivalents at 1st January 2024
Increase in cash for the year
Reconciliation of net cash flow to movement in net funds
Increase in cash and cash equivalents for the year
10
Expenditure on non-current assets (capital expenditure)
17
Returns on investment and servicing of finance
16
Net cash inflow from operating activities		 (7,169)
-
823
6,046
34,072
121,103
27,726
127,149
348,914
376,640
27,726
127,149
376,640
503,789

The notes on pages 11 to 20 form part of these financial statements.

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 11 of 21

WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024

  1. Accounting Policies The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

1.1 Statement of compliance

The financial statements are prepared in accordance with 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) (effective from 1st January 2015) - (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006 (insofar as this applies to the Charity).

Whiteabbey Presbyterian Church meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

1.2 Preparation of the accounts on a going concern basis

The Kirk Session’s policy is to undertake ongoing review of the ‘Going Concern’ status of the charity, taking note of the organisation’s reserves policy and projected availability of funds to enable the organisation to fulfil its responsibilities. A statement on the outcome of the ongoing review is given at note 18 on page 19.

1.3 Revenue

Items of revenue are recognised and included in the accounts when all of the following criteria are met:

Revenue received in advance of the provision of a specified service is deferred until the criteria for revenue recognition are met.

Grants receivable

Grants receivable which relate to the year are credited to revenue within the Statement of Financial Activities, with unspent balances being carried forward to subsequent years within the relevant fund.

Specific debts are recognised where approved grant expenditure exceeds grant revenue received to date. Grant revenue relating to future periods is carried forward under payables.

1.4 Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

General funds are unrestricted funds which are available for use at the discretion of the Kirk Session in furtherance of the general objectives of the charity and which have not been designated for other purposes. The fund comprises the accumulated surpluses and deficits of unrestricted income and expenditure.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of administering such funds are charges against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Investment income and gains are allocated to the appropriate fund.

1.6 Expenditure

Expenditure is recognised once there is legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 12 of 21

WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 (cont’d)

1.7 Non Current Assets (Fixed Assets)

Fixed Assets are stated at cost less accumulated depreciation. The costs of minor additions or those costing below £5,000 are not capitalised. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life. The estimated lives and residual values are shown below:

Expected useful life Residual Value
Land. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Indefinite. . . . . . . . . . . . . . . n/a
Buildings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50 years. . . . . . . . . . . . . . . . £585,000
Furniture, fixtures and equipment. . . . . . . . . . . . . 10 years. . . . . . . . . . . . . . . . £nil
Motor Vehicles. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 years. . . . . . . . . . . . . . . . . £nil
Computers, software and technical. . . . . . . . . . . . 4 years. . . . . . . . . . . . . . . . . £nil

1.8 Receivables

Trade and other receivables are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts due.

1.9 Cash and cash equivalents

Cash and cash equivalents includes bank deposits, cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.10 Payables and provisions

Payables and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in a transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Payables and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

2. Legal status of the charity

Whiteabbey Presbyterian Church is a Congregation of the Presbyterian Church in Ireland. It is a charity registered in Northern Ireland no. NIC104452.

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 13 of 21

WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 (cont’d)

3
INCOME

UK bank interest received
from investments:

Organisations’ other income

Wider World

Presbyterian Herald

Payroll credit from CMI

Immerse Bible

Home Group Subs

Electricity credit

Donations against leaving gifts

Biblical Counselling

Bible Reading Notes

Catering contributions

Kids & Co

Insurance claims (Prop Mgt Fund)

Hall Use income (Prop Mgt Fund)

Other income - Vision 33 Fund

Other income - Spar

Other income - Mission Support Fund

Other income - General Fund

Gift Aid tax refunded
from other activities:

Bowling Club fees

Friendship Hour donations

Badminton Club fees

Boys’ Brigade and Girls Association
donations

Bookstall sales

Special collections for Missions
from charitable activities:

Boys’ Brigade and Girls Association
grants

Vision 33 donations

Property Mgt Fund - LPW scheme

Property Mgt Fund donations

Malawi donations

Grants received

Other donations

Loose collections

Legacies received

Freewill offering
from grants, donations and legacies:		 3
INCOME

UK bank interest received
from investments:

Organisations’ other income

Wider World

Presbyterian Herald

Payroll credit from CMI

Immerse Bible

Home Group Subs

Electricity credit

Donations against leaving gifts

Biblical Counselling

Bible Reading Notes

Catering contributions

Kids & Co

Insurance claims (Prop Mgt Fund)

Hall Use income (Prop Mgt Fund)

Other income - Vision 33 Fund

Other income - Spar

Other income - Mission Support Fund

Other income - General Fund

Gift Aid tax refunded
from other activities:

Bowling Club fees

Friendship Hour donations

Badminton Club fees

Boys’ Brigade and Girls Association
donations

Bookstall sales

Special collections for Missions
from charitable activities:

Boys’ Brigade and Girls Association
grants

Vision 33 donations

Property Mgt Fund - LPW scheme

Property Mgt Fund donations

Malawi donations

Grants received

Other donations

Loose collections

Legacies received

Freewill offering
from grants, donations and legacies:
Totals
2023
£
Totals
2024
£
Endowment
funds
£
Restricted
funds
£
Unrestricted
Funds
£

UK bank interest received
from investments:

Organisations’ other income

Wider World

Presbyterian Herald

Payroll credit from CMI

Immerse Bible

Home Group Subs

Electricity credit

Donations against leaving gifts

Biblical Counselling

Bible Reading Notes

Catering contributions

Kids & Co

Insurance claims (Prop Mgt Fund)

Hall Use income (Prop Mgt Fund)

Other income - Vision 33 Fund

Other income - Spar

Other income - Mission Support Fund

Other income - General Fund

Gift Aid tax refunded
from other activities:

Bowling Club fees

Friendship Hour donations

Badminton Club fees

Boys’ Brigade and Girls Association
donations

Bookstall sales

Special collections for Missions
from charitable activities:

Boys’ Brigade and Girls Association
grants

Vision 33 donations

Property Mgt Fund - LPW scheme

Property Mgt Fund donations

Malawi donations

Grants received

Other donations

Loose collections

Legacies received

Freewill offering
from grants, donations and legacies:		 823
6,046
-
2
6,044
151
178
-
178
-
206
130
-
-
130
334
380
-
-
380
-
2,351
-
-
2,351
208
173
-
-
173
208
63
-
-
63
600
0
-
-
-
-
3,185
-
-
3,185
3,026
0
-
-
-
270
261
-
-
261
2,216
1,920
-
-
1,920
661
531
-
-
531
-
5,500
-
5,500
-
2,865
5,082
-
5,082
-
-
425
-
425
-
1,000
1,000
-
-
1,000
3,347
0
-
-
-
51
3,140
-
-
3,140
58,437
76,294
-
30,818
45,476
808
1,452
-
1,452
-
4
546
-
546
-
774
734
-
734
-
5,304
2,650
-
2,650
-
117
421
-
-
421
85,992
61,315
-
61,315
-
2,000
2,981
-
2,981
-
-
86,746
-
86,746
-
3,292
1,439
-
1,439
-
31,438
33,763
-
33,763
-
860
310
-
310
-
2,665
0
-
-
-
3,566
0
-
-
-
7,260
7,583
-
-
7,583
450
2,231
-
-
2,231
232,013
232,904
-
-
232,904
450,946
541,734
0
233,941
307,793

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 14 of 21

WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 (cont’d)

4.1
EXPENDITURE

Sundry expenses
Other expenses (see note 5.2):

Other governance costs

Independent examiner fees
Legal and professional fees:
on other items:

Other charitable projects

PCI Assessments

Grants payable

Charitable distributions - overseas

Charitable distributions
Programme costs (see note 5.1):

Telephone, computer and internet

Printing, postage and stationery
General administration costs:

Minister and employee’s expenses

Training
Travel and training costs:

Other premises & eqpt expenses

Cleaning materials

Repairs and Property projects

Heat and light

Insurance

Rates and Water Rates
Premises, equipment & insurance costs:

Employer pension contributions

Wages and salaries
Employee costs:
on charitable activities:		 4.1
EXPENDITURE

Sundry expenses
Other expenses (see note 5.2):

Other governance costs

Independent examiner fees
Legal and professional fees:
on other items:

Other charitable projects

PCI Assessments

Grants payable

Charitable distributions - overseas

Charitable distributions
Programme costs (see note 5.1):

Telephone, computer and internet

Printing, postage and stationery
General administration costs:

Minister and employee’s expenses

Training
Travel and training costs:

Other premises & eqpt expenses

Cleaning materials

Repairs and Property projects

Heat and light

Insurance

Rates and Water Rates
Premises, equipment & insurance costs:

Employer pension contributions

Wages and salaries
Employee costs:
on charitable activities:
Totals
2023
£
Totals
2024
£
Endowment
funds
£
Restricted
funds
£
Unrestricted
Funds
£

Sundry expenses
Other expenses (see note 5.2):

Other governance costs

Independent examiner fees
Legal and professional fees:
on other items:

Other charitable projects

PCI Assessments

Grants payable

Charitable distributions - overseas

Charitable distributions
Programme costs (see note 5.1):

Telephone, computer and internet

Printing, postage and stationery
General administration costs:

Minister and employee’s expenses

Training
Travel and training costs:

Other premises & eqpt expenses

Cleaning materials

Repairs and Property projects

Heat and light

Insurance

Rates and Water Rates
Premises, equipment & insurance costs:

Employer pension contributions

Wages and salaries
Employee costs:
on charitable activities:		 17,600
24,962
-
9,959
15,003
-
1,320
-
-
1,320
1,020
1,440
-
-
1,440
11,320
13,909
-
11,041
2,868
19,727
20,498
-
-
20,498
8,533
6,475
-
1,075
5,400
3,500
0
-
-
-
94,234
61,552
-
61,552
-
1,244
1,188
-
-
1,188
5,810
5,081
-
7
5,074
16,648
14,475
-
-
14,475
16
20
-
20
-
1,565
510
-
-
510
1,418
1,752
-
1,522
230
16,028
30,044
-
30,044
-
22,363
23,656
-
-
23,656
6,306
6,653
-
-
6,653
1,506
1,655
-
-
1,655
12,831
13,929
-
-
13,929
165,923
171,864
-
-
171,864
407,592
400,981
0
115,220
285,761

4.2 Staff costs and numbers

Totals
2023
£
Totals
2024
£
Restricted
funds
£
Unrestricted
Funds
£
Pension contributions
Pulpit Supply
Other staff costs and Pulpit Supply
Employers National Insurance
Wages and salaries		 12,831
13,929
-
13,929
777
1,117
-
1,117
35
389
-
389
9,864
8,414
-
8,414
155,247
161,944
-
161,944
178,754
185,793
0
185,793

No employee received emoluments of more than £60,000

The average number of persons, including part-time staff, employed on UK contracts was 8 (2023: 8)

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 15 of 21

WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 (cont’d)

5.1 Breakdown of amounts shown as Programme Costs in note 4.1 Breakdown of amounts shown as Programme Costs in note 4.1
Totals
2023
£
Totals
2024
£
Endowment
funds
£
Restricted
funds
£
Unrestricted
Funds
£
2212
2150
2130
2120
2110
2100
2100		 Friendship Hour
Kids & co costs
Badminton clubs
Boys’ Brigade and Girls Association
Sundry
Youth & children
Pastoral care costs
Storehouse
Emerging adult
Kids & Co - Barnardo’s (2023: Cancer Fund)
Kids & Co - Children in Need
Other charitable expenditure:
PCI Assembly assessments
PCI Assessments:
Grants to individuals
Charitable Grants made:
Malawi Project / Mulanje Hospital
Charitable distributions - outside UK / Ire:
Loughgilphead
Exodus
Spark Newtownabbey
UCCF
Presbyterian Children’s Society
Scripture Union
Evangelical Alliance
IFES
Hamsayeh
Christian Institute
Newtownabbey Street Pastors
IJM
Belfast Bible College
Vine Centre
Students Bursary Fund
PW Missions
Open Doors
Barnabas Fund
Donations by 2nd N’Abbey BB / GA
Earl Haig Fund
World Development Appeal
Storehouse
Tear Fund
Christian Aid
Moderator’s Appeal
United Appeal
Charitable distributions:		 2,000
0
-
-
-
200
0
-
-
-
250
1,000
-
1,000
-
1,500
0
-
-
-
1,000
1,000
-
1,000
-
1,500
1,000
-
1,000
-
1,500
1,000
-
1,000
-
-
1,000
-
1,000
-
3,000
1,000
-
1,000
-
1,500
1,100
-
1,100
-
-
250
-
250
-
2,384
1,000
-
1,000
-
1,500
1,000
-
1,000
-
1,000
1,000
-
1,000
-
1,362
0
-
-
-
-
1,219
-
1,219
-
1,500
1,000
-
1,000
-
1,500
1,000
-
1,000
-
66
0
-
-
-
1,167
1,314
-
1,314
-
36,946
17,881
-
17,881
-
4,320
0
-
-
-
1,600
1,100
-
1,100
-
3,439
2,688
-
2,688
-
-
0
-
-
-
25,000
25,000
-
25,000
-
94,234
61,552
0
61,552
0
3,500
0
-
-
-
3,500
0
0
0
0
8,533
6,475
-
1,075
5,400
8,533
6,475
0
1,075
5,400
19,727
20,498
-
-
20,498
19,727
20,498
0
0
20,498
-
545
-
545
-
-
399
-
-
399
160
20
-
20
-
7,348
6,755
-
6,755
-
13
0
-
-
-
2,479
1,770
-
-
1,770
556
80
-
-
80
-
3,721
-
3,721
-
15
0
-
-
-
615
445
-
-
445
134
174
-
-
174
11,320
13,909
0
11,041
2,868
137,314
102,434
0
73,668
28,766

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 16 of 21

WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 (cont’d)

5.2
Breakdown of amounts shown as Sundry expenses in note 4.1
17,600
24,962
0
9,959
15,003
3,085
1,697
-
-
1,697
Other expenses
-
239
-
239
-
Zettle terminal
630
0
-
-
-
WiFi Cabling
196
168
-
-
168
Wider World
159
0
-
-
-
TV Licence
-
600
-
-
600
Retreat Day
1,246
0
-
-
-
PW Missions
849
1,085
-
-
1,085
Presbytery Fees
331
420
-
-
420
Presbyterian Herald
444
934
-
934
-
Organisations’ other expenses
411
442
-
-
442
Office Supplies
1,773
1,863
-
-
1,863
Music Licences
500
1,000
-
1,000
-
Mission support - sundry
-
5,565
-
5,565
-
Malawi Trip 2024
-
3,140
-
-
3,140
Leaving gifts
-
36
-
-
36
Information Commissioner subscription
297
138
-
-
138
Immerse Bibles
661
0
-
-
-
Home Group Material
-
517
-
-
517
First Aid
1,100
0
-
-
-
Exodus Team
-
529
-
-
529
Easter Giveaway
-
660
-
-
660
Church events
2,222
1,947
-
-
1,947
Catering expenses
-
1,000
-
-
1,000
Cairn Learning
-
2,220
-
2,220
-
Building Survey
251
0
-
-
-
Bookstall
3,026
0
-
-
-
Biblical Counselling
-
351
-
-
351
Bible Reading Notes
419
410
-
-
410
Bank charges
Totals
2023
£
Totals
2024
£
Endowment
funds
£
Restricted
funds
£
Unrestricted
Funds
£		 5.2
Breakdown of amounts shown as Sundry expenses in note 4.1
17,600
24,962
0
9,959
15,003
3,085
1,697
-
-
1,697
Other expenses
-
239
-
239
-
Zettle terminal
630
0
-
-
-
WiFi Cabling
196
168
-
-
168
Wider World
159
0
-
-
-
TV Licence
-
600
-
-
600
Retreat Day
1,246
0
-
-
-
PW Missions
849
1,085
-
-
1,085
Presbytery Fees
331
420
-
-
420
Presbyterian Herald
444
934
-
934
-
Organisations’ other expenses
411
442
-
-
442
Office Supplies
1,773
1,863
-
-
1,863
Music Licences
500
1,000
-
1,000
-
Mission support - sundry
-
5,565
-
5,565
-
Malawi Trip 2024
-
3,140
-
-
3,140
Leaving gifts
-
36
-
-
36
Information Commissioner subscription
297
138
-
-
138
Immerse Bibles
661
0
-
-
-
Home Group Material
-
517
-
-
517
First Aid
1,100
0
-
-
-
Exodus Team
-
529
-
-
529
Easter Giveaway
-
660
-
-
660
Church events
2,222
1,947
-
-
1,947
Catering expenses
-
1,000
-
-
1,000
Cairn Learning
-
2,220
-
2,220
-
Building Survey
251
0
-
-
-
Bookstall
3,026
0
-
-
-
Biblical Counselling
-
351
-
-
351
Bible Reading Notes
419
410
-
-
410
Bank charges
Totals
2023
£
Totals
2024
£
Endowment
funds
£
Restricted
funds
£
Unrestricted
Funds
£		 5.2
Breakdown of amounts shown as Sundry expenses in note 4.1
17,600
24,962
0
9,959
15,003
3,085
1,697
-
-
1,697
Other expenses
-
239
-
239
-
Zettle terminal
630
0
-
-
-
WiFi Cabling
196
168
-
-
168
Wider World
159
0
-
-
-
TV Licence
-
600
-
-
600
Retreat Day
1,246
0
-
-
-
PW Missions
849
1,085
-
-
1,085
Presbytery Fees
331
420
-
-
420
Presbyterian Herald
444
934
-
934
-
Organisations’ other expenses
411
442
-
-
442
Office Supplies
1,773
1,863
-
-
1,863
Music Licences
500
1,000
-
1,000
-
Mission support - sundry
-
5,565
-
5,565
-
Malawi Trip 2024
-
3,140
-
-
3,140
Leaving gifts
-
36
-
-
36
Information Commissioner subscription
297
138
-
-
138
Immerse Bibles
661
0
-
-
-
Home Group Material
-
517
-
-
517
First Aid
1,100
0
-
-
-
Exodus Team
-
529
-
-
529
Easter Giveaway
-
660
-
-
660
Church events
2,222
1,947
-
-
1,947
Catering expenses
-
1,000
-
-
1,000
Cairn Learning
-
2,220
-
2,220
-
Building Survey
251
0
-
-
-
Bookstall
3,026
0
-
-
-
Biblical Counselling
-
351
-
-
351
Bible Reading Notes
419
410
-
-
410
Bank charges
Totals
2023
£
Totals
2024
£
Endowment
funds
£
Restricted
funds
£
Unrestricted
Funds
£
Totals
2023
£
Totals
2024
£
Endowment
funds
£
Restricted
funds
£
Unrestricted
Funds
£
Other expenses
Zettle terminal
WiFi Cabling
Wider World
TV Licence
Retreat Day
PW Missions
Presbytery Fees
Presbyterian Herald
Organisations’ other expenses
Office Supplies
Music Licences
Mission support - sundry
Malawi Trip 2024
Leaving gifts
Information Commissioner subscription
Immerse Bibles
Home Group Material
First Aid
Exodus Team
Easter Giveaway
Church events
Catering expenses
Cairn Learning
Building Survey
Bookstall
Biblical Counselling
Bible Reading Notes
Bank charges		 3,085
1,697
-
-
1,697
-
239
-
239
-
630
0
-
-
-
196
168
-
-
168
159
0
-
-
-
-
600
-
-
600
1,246
0
-
-
-
849
1,085
-
-
1,085
331
420
-
-
420
444
934
-
934
-
411
442
-
-
442
1,773
1,863
-
-
1,863
500
1,000
-
1,000
-
-
5,565
-
5,565
-
-
3,140
-
-
3,140
-
36
-
-
36
297
138
-
-
138
661
0
-
-
-
-
517
-
-
517
1,100
0
-
-
-
-
529
-
-
529
-
660
-
-
660
2,222
1,947
-
-
1,947
-
1,000
-
-
1,000
-
2,220
-
2,220
-
251
0
-
-
-
3,026
0
-
-
-
-
351
-
-
351
419
410
-
-
410
17,600
24,962
0
9,959
15,003

6

Net incoming resources for the year

Totals
2023
£
Totals
2024
£
Endowment
funds
£
Restricted
funds
£
Unrestricted
Funds
£
Auditor’s remuneration 2024
Indep Examiner’s remuneration 2023
Net incoming resources are stated after charging:		 -
3,250
-
-
3,250
1,020
1,440
-
-
1,440

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 17 of 21

WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 (cont’d)

7 Trustee remuneration and Related Party Transactions

The total amount donated to the Charity without conditions from trustees and officers (primary related parties) and secondary related parties was £135,595 (2023: £84,415).

No trustee received any remuneration as a result of their Trusteeship of the Charity.

Four Trustees were employed by the Charity and received reimbursement of out-of-pocket expenses during the year (2023: 4). The details are as follows:

Rev Angus Stewart- Employed as Minister of the Congregation - Salary £47,862, Exp allowance £7,847 and mileage £774 Mr David Gamble- Employed as Emerging Youth Co-Ordinator - Salary £30,566 - Expenses £1,162

Mr Ian McClelland - Employed as Organist - Salary £4,150 - Expenses £nil

Mrs Christine Swarbrick - Employed as Organist - Salary £2,988 - Expenses £nil

Ten Trustees (2023: 13) received reimbursement from the charity where they had paid charity liabilities from personal funds whilst acting as agent for the charity.

No other trustee or other person connected to the charity had any personal interest in any contract or transaction entered into by the charity during the year (2023 - Nil).

8 Taxation

As a charity, the Church is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or 2256 of the Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity

9 Transfers between the funds

Totals
2024
£
Endowment
Funds
£
Restricted
funds
£
Unrestricted
Funds
£
To General fund from Ladies Badminton Group
Transfer towards heat & light expense
To General fund from Badminton Club
Transfer towards heat & light expense
To General fund from Bowling Club
Transfer of funds collected for Christian Institute
To General fund from Bowling Club
Transfer of funds collected for Christian Aid
To General fund from Bowling Club
Transfer of funds collected for Tear Fund
To General fund from Bowling Club
Transfer towards heat & light expense
To General fund from BB / GA
Transfer towards heat & light expense		 0
-
(130)
130
0
-
(350)
350
0
-
(100)
100
0
-
(100)
100
0
-
(100)
100
0
-
(500)
500
0
-
(981)
981
0
0
(2,261)
2,261

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 18 of 21

WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 (cont’d)

10
Non Current Assets
At 31st December 2023
At 31st December 2024
Net Book Value
At 31st December 2024
Charge for year
At 1st January 2024
Depreciation
At 31st December 2024
Additions
At 1st January 2024
Cost
11
Receivables
Gift Aid tax reclaims due		 10
Non Current Assets
At 31st December 2023
At 31st December 2024
Net Book Value
At 31st December 2024
Charge for year
At 1st January 2024
Depreciation
At 31st December 2024
Additions
At 1st January 2024
Cost
11
Receivables
Gift Aid tax reclaims due
Totals
£
Furniture,
fixtures &
fittings
£
Buildings
£
Land
£
At 31st December 2023
At 31st December 2024
Net Book Value
At 31st December 2024
Charge for year
At 1st January 2024
Depreciation
At 31st December 2024
Additions
At 1st January 2024
Cost
Receivables		 7,169
-
7,169
-
996,843
97,562
659,281
240,000
1,004,012
97,562
666,450
240,000
11,385
9,756
1,629
-
61,113
50,257
10,856
-
72,498
60,013
12,485
0
931,514
37,549
653,965
240,000
935,730
47,305
648,425
240,000
Totals
2023
£
Totals
2024
£
Gift Aid tax reclaims due 20,059
25,141
20,059
25,141

12 Payables: amounts falling due within one year

Totals
2023
£
Totals
2024
£
Sundry payables and accruals
World Development Appeal payment due
United Appeal payment due
Income in advance - Biblical Counselling
Interest Free Loans		 3,334
7,594
39,163
17,881
2,500
1,000
875
875
-
10,000
45,872
37,350
13 Analysis of charity net assets between funds
Totals
2024
£
Endowment
funds
£
Restricted
funds
£
Unrestricted
funds
£
Payables
Current Assets - cash and cash equivalents
Current Assets - receivables
Investments
Non Current Assets		 (37,350)
-
(22,157)
(15,193)
503,790
2,500
352,302
148,988
25,141
-
13,168
11,973
200
-
-
200
931,514
-
931,514
-
1,423,295
2,500
1,274,827
145,968

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 19 of 21

WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 (cont’d)

14 Financial Commitments

At 31st December 2024 the charity has no annual commitments under non-cancellable leases nor any other financial commitments that are not recognised in the accounts (2022: £nil). Whiteabbey Presbyterian Church has entered into a number of long term contracts for the supply of services all of which are cancellable.

15 Statement of Funds

At
31 Dec 24
£
Transfers
£
Outgoing
resources
£
Incoming
resources
£
At
1 Jan 24
£
Total funds
Total endowment funds
Endowment funds
Total restricted funds
Congregational Organisations
Vision 33 Fund
Storehouse Fund
Property Management Fund
Mission Support Fund
Mission travel fund
Malawi Fund
Asset Holding Fund
Total unrestricted funds
General reserve		 145,968
2,261
(285,760)
307,793
121,674
145,968
2,261
(285,760)
307,793
121,674
2,633
(2,261)
(8,688)
10,903
2,679
100,431
-
(2,459)
102,890
-
9,918
-
(3,721)
3,451
10,188
177,802
-
(31,160)
51,910
157,052
45,937
-
(63,626)
64,399
45,164
6,205
-
(5,565)
-
11,770
388
-
-
388
-
931,514
-
(11,385)
-
942,899
1,274,827
(2,261)
(126,605)
233,941
1,169,752
2,500
-
-
-
2,500
2,500
0
0
0
2,500
1,423,295
0
(412,365)
541,734
1,293,926

Summary of the Aim and Use of Restricted Funds

16 Reconciliation of changes in resources to net cash inflow from operating activities

2023
£
2024
£
Net cash inflow from operating activities
(Decrease) / increase in payables
(Increase) / decrease in receivables
Net incoming resources before depreciation and investment income		 (8,591)
(8,522)
276
(5,082)
42,387
134,707
34,072
121,103

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 20 of 21

WHITEABBEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 (cont’d)

17 Returns on investment and servicing of finance
2023
£
2024
£
823
6,046
Investment income from UK Sources

18 Going concern

The Kirk Session considers that the charity has sufficient funding in place to continue its operations in the near future and thus deems the use of the going concern basis to be appropriate.

19 Restricted fund - Congregational Organisations

The charity accounts include the consolidation of the accounts of the Congregational Organisations (2nd Newtownabbey Boys’ Brigade Company and Girls Association, Badminton Clubs, Friendship Hour, Bowling Club and Art Group). During the year there were transactions between the main charity bank and the Congregational Organisations’ bank accounts and these transactions have been treated as transfers between the funds. Further information on these transactions can be found in note 9.

20 Disclosure of relevant circumstances

In common with many other charities of our size and nature we use our auditors to:

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 21 of 21