CHARITY REGISTRATION NUMBER: N111)4502 Knock Congregation of The Presbyterian Church In Ireland Financial statements Year ended 31 December 2024
Knock Congregation of The Presbyterian Church In Ireland Flnanelal statements Yèar éndèd 31 D•e•mb•r 2024 Pages Trustggs, annual rfrport 1to8 Ind6pèndant auditorfs raport to thè members 9t011 Stalgmanl of financial activities 12 Statgmont of flnan¢lal poslUon 13 ststement of cgsh flows 14 Notgs to the financial statements ISto24
Knock Congregation of The Presbyterian Church in Ireland Trustè•$' annuat report Yèar ended 31 December 2024 Tha Twslees present their report arKI the financial statements ofthe charity for tho ye8r ended 31 Decembgr 2024. Rohrene• and admlnlstratlve detall8 R•gl$t•rnd charlty nam• Knod( Congregation ofThe Presbytari8n chUh in Ireland Charlty règi$tratlon numbor N1104502 Prln¢lp41 offlco 53 Klng's Road Belfast BT5 6JH Th• Trultses Rev M Gray Mr P Brown Rev M Casement Dr S Craig Mr R Dekkar Mr B Ditty Miss H Donald50n MrJ Gourfey Mr S Jemphray Mr W L8ltch Mr l Long Mr N Martin Mr J Moore Mr C Mounstephen Mr O Mounstephen Mr T Mounslaphèn Mr M MeCartn9y Mr l Mcclatchèy Mr J M¢Cl8lland Mr D Mcconkey Mr F M¢Dow811 Mr S McKee Mr C McLoughlin Mr J McWatt8rs DrPOrr MrA Spratt Mr H Wilson Mr K Woodrow Keith Audltor Mi5carnpbell & Co Chartèred Accountants & Statutory Auditor 6 Annadal& Avanu8 Belfast BTT 3JH Bank•rs D8nsktr 88nk Limitgd Doneg811 Squ8rg Wesl Belfast BT16JS Solicitors Klng & Gowdy Soli¢itors 298 Upper Newtownards Road Belfast BT4 3EJ
Knock Congregation of The Presbyterian Church in Ireland Tru$tees' annual report f¢onllnrmolJ Year ended 31 December 2024 Structurn. governanc•, and manag•m•nt Tha Klrk Sèsslon The charity Trustees of the congregation are the meMrS of its Kirk Session. Underth8 congr8gationb goveming document, The Code, Ihg book of thg constitution and govemrnenl of the Presbyterian Church in Ireland, the Kirt( Session saèks to w8l¢h ov8r and pn)molg th8 5pirilu81 interest of the congregation and of p8r50ns not connected with any congrègatlon who arg within its bounds. 11 ensures pastoral care is in place in the congregation and seaks to further the conlrlbullon of the Church lo Christian witness and servicg in the local communty. The Kirk S8$5IDn h85 de18gated lo its Gongr8galional Committee thè tgmpDral affairs of thè congiagatlon including 8dminis18ring all funds and property belonging lo the congregation and sèlting th8 ramun8r&tion of key staff having regard lo relevant national statistics. Mèmbers of tha Kirk Sasslon arè èx-officlo m9mbers of the Congregational Commlttg8. The lQrk Session consists of the ord8ined Minister and the ruling Elders of tho congregation. All mombers are enllued lo propose, speak, and 8xercSse equal votes al meeting5, except that the Moderator, the ordained Minister in active duty in the congregation has no deliberative role but only a casisn9 Vote. Slated meetlngs of the KiTk Session are held at least nbne times in each year. To bs chosen for th8 offi¢0 of thg Eldarshlp In the ¢ongw3llon a p$rson must be a votlng member and a regular attender at tts ordinances. The s818Ction of those proposed to be called to the office can be either by the congr&gBtion or by tha Kirk Session. The nevAy elected Elders undergo a 6-wggk tr8lning period ol inductlon and th&n participat& In tha ongoing Elders training programmo whi¢h cov@rs all aspects of tholr rol8 as both Eldors and Trustg09. Tho Pro$byt•ry Under the P$bytenn Church in Ireland fofm of govemance, the corporate oversight of a congregation is the responsibility of 8 Presbyt8ry which g8ner8lly sup8rinlgnds th8 Spiritual 8nd t6mpor81 affairs rjf th6 ¢ongrggatlons assigngd lo il by Ihg General Assembly of the Presbyterian Church in Ireland. Knoc* Presbyterlan Church has b8en assigned lo the East 8elfasl Presbytery of the Presbyterian Church in Ireland. The membership of the Presbytery consists mainly of the active ministers ol congregations assignéd to It by tha General Assembly, Ministers who hav8 r8tir8d from active duty and representative Eld8rs appointèd by tha rk Sassion ol gach congra9atlon. Th6 congragatlon Is r&pr&s&nt8d at tha ra9ular m9&tlngs of Prosbyl&ry by our Minisl6r and ona of tha Eldars. This providas an Important link batwa8n lh• congwatlons and th8 wldar structuras ol thg chuh. Tho G•noral ASmblY Th8 General Assambly Is the suprome court of the Church. rgprg8ontlng In ono body Ihg wholo Church and actlng 8$ ks suprgm& lggislativg. administrativ6. and judicial authority in dealing with all matters brought before it. The General Assembly is normally ¢onsliluled during 8 week In Jung for worshlp and to conduct Sts buslness. At th6 end of busln&ss. it is dlssdved. The membershlp ol the General A588mbly consists mainly of the active ordained Ministeis of each congregation, retired Ministars and representative Elders appointed by the Kirk Session of each congregation. The ordained Minister and one of our Elders 8re nomln8tèd to 8ttend tha m88ting of th8 G&n8ral Assembly of the Presbyterian Church in Ireland held in Assembly Buildings, 88lf8st, In Jun8. Publlc Bon•fft Statsmont Th8 Pr8sbylerian Church in Ireland m88ts the publlc bgnoftt requlromenl by provldlng nafft to Sts nwmbgrs and tha g8noral publSc by maklng known the Chrlstian gospel of the Lord Jesus Christ through the advancement ol roliyion. The dir0¢1 bangfits which flow from thg purposes of the Church indude the gaining of an understanding in Christian beliefs as sel out in the Biblè and In tha Church's subordinate stsndards Ith& Westminster Confesslon of Faith and tho Shortar and Larger cathISmSI leading to 8Plritual and moral developm¢nt and opportunities for response lo Bible leaching. In lum, this framwork leads to practE¢al expressions of Christlan btrllots and standards in the local community such as through the care of those In need lincSuding thg slck, diSaed, and bereaved). Generdlly, th8 above bgngffts are d¢llvgwd locally by congregations and their members or are facililatsd through Presbyteries or are organised and delivered c8nlralty. Local delivery L¥ facllltsted by cgnlr81 rtrsources in almost all cases. Public accgss is mad8 known through thè us8 of noticeboards. printed material, pre55 advertisement, websites, ark social medla or in other way5. The benefits are demonstratèd through règular 8valuatlDn of the sarvices and infomial and ad-hoc feedback from mambarg. tholr families, and m8mbeTS Df the public. The purposs doe5 not lead lo harm. The only privat& bgnèfit flowing froTn Dur purposo is r8lat8d to Ministars. Misslonaries, Deacon&S. Irish Mission workeF5 and Lay Agents who receive ben8fi15 as a resultof Ih8ir hdding offi¢8 or &MoYmenL Howgv&r, this is inddenial and n8C8Ssary in orderto further ourcharitable purpose. Therè ara no oth&r prSvate benefits. The beneficiaries of this purptssè aro mgmbèrs, thair families. other indlviduals that the Presbyteri8n Church In Ir&land is in direct and indirect contact with, the community In which pastr)ral sèrvlcas are provided and other communitiès throughout Northem Ireland, the Republic of Ireland, and wortdwidè which beneflt from our engagement with and support for both ChrisUan and other secular organssations. charities, and individual rnembers of the public. The Kirk Session has had regard to Ihg Chadty Commissions public benefit requirement statutory guid8n¢9.
Knock Congregation of The Presbyterian Church in Ireland Trustsas. annual rèport (eortth)u•dl Year ended 31 Docember 2024 ObJectlves and actlvttl•s Knock Pr9sbyigrian Church is a congregation of the Presbyterian Church in Ireland. Havlng developed a new Mission and Values (as set out below) during the year. the Kirk Sesslon wlll b8 developing a renewed Vlslon for Knock PsbYtensn Church in th8 2025 y88r. The new Mlsslc+n of Knock Presbyterian Church is 'holplng pgopl• know, onjoy and follow Jo¥u$'. Th& now Valu•s of lQ)ock Prbsbytèri8n Church are: J•susCgntr- K&gplng Jesus 81 tha h08rt of 811 w8 do as a Church; Outward-Looklng-Actively reaching out to serv& and love those in the surrounding communlty and b8yond- Caring- nurturing a community where each person leels known. supported and valued., G•nèrou¥- èmpowering people to glve of Ih8ms8lves and creallng an envlronmenl where members feel encouraged to be g8nerous with what God has enlrust8d to th8m'. and xpoctsnt- Irusung that God will continuè lo work among His people In meaningful and transfomalive way8 To fulfll thg Church's Mlsslon. Vl$lon and Valu8s, th& Elders ara dav8loplng Ihg followlng nSn& key aroas. Each year. specific, and measurable AOn Plans are agraed by the Elders which will develop Ih88e k8y areas, and It 15 the delivery ofthesa Action Plans which will determine the success or olh8lW5e of the key area3. Wornhlp- To eng8gg 88ch mombor in vital 8nd me8ningful worship of God. Pr•ytrr- The Eldors conllnLJg to devglop the prayer Ilfe of Ihe congg8c)n by cr¥8tlng many opportunlllès for Indlvkyual and oarporale prayer, recognising that wthout prayer the work of the Church is In valn. Pjstoral Coro It Is &g¢h m9mbgr's rosponslblllty to pastorally cara for 9gch othar wlth Eldgrs havlny parucular Tesponsibilty to ensu that thoro ar& ngrOyal1r)nal stmctuS In plac& to dglivor wgry mgmb&r pastoral caro. Mlsslon- It is 8ach rnemberfs responsibility to engage in th& work of Christian mi55ion lo wher8V&T God has placed them. In addlllon. Eldgrs gncouragg all of th8 Church mambgrs to support Ihosa mgmb&rs workSng in full or part-limè homo or overseas misslon work prayerfully. practically. and financially 8nd to support thg hom& and ovorsoas mlssion partnershlps In tho Church. Youth - Elders contlnue to put a prlorfty on the nurture, discIeShIp. and leadership d6v8lopm&nt of our young pgoplg 8$ well as the transition 8nd eng8gemgnl of our young ptrtsple into the full lrfe of Ihtr Church. Dl•clple•hlp- Tho Church fully ongagos mgmbgrshlp helplng Ihom ¢0 grow In Chrfst through Dlsclpl8ship Groups. Small Groups, Connect Groups and various rnlnistries. Evang•ll•m- DeveIoping ways of $harlng the gos1 In tha Church and In the communlty. Outrnaeh & Communtty Sorvlco- Oeveloping ways forthe Church lo reach out Into th8 communlty. Prop•rty- Deploylng our premises lo provide an Invittng spacg, welcoming 10 811 of the communlty.
Knock CongregatAon of The Presbyterian Church in Ireland Trust••s' annual r¢port Imnllnued) Yr •ndgd 31 Decerrtber 2024 Achlavèm•nts and p•rformance Strategy In the last quarter of the 2024 year, Kirk Session has put in place the followng Strategy Roadmap and has been working ts way through the first 3 steps Df this Roadmap. Kirk Session expects lo complete the Strategy Roadmap in the 2025 year. Wh•r• ar& wo now7 {Understandlng our curr•nt r•alltyl Assessing our strengths and id&ntifying our w&akness8s as a Church. understanding r)ur community and being hon8s1 about the challeng8S W8 facg., Why do we exlst? IMls$lonl Our Mission is the foundation and heart of all the activf£i8s and rninistries we do as a Church. It defin85 our purpose and kg8p8 us focuss8d Dn the work God has called us to do.11 is thtr drfvlng force behlnd our worship, discipleship. evangelism and community outr&a¢h; What matters to us? (Cor• Valuas and Culturnl Ourvalues are the biblical, corporat8 and aspirallonal prfnaples and beliatsthat shap& we are 88 a Church communtty. Whore are w• hoadlng? (Short T•rni Vlslonl Our Vision is wh8r8 God is leadlng us as a Church. It should be bold bul achievable. insplrfng US to move forward In faith., What ar& w• prlorltl•lng7 Istratoglc Prlorltl881 These are the key areas requiring focus and attgntion In ordgr to athleve our Vlslon. The majority of our resourc8s. Ilmg and effort will be allocated to thesfy argas., How aro we golng to get there? Istrateglc Plan) The creabon ol a strategic plan will sèrvè es 8 ro8dmap helping us to slay on track and mak8 steady progress towards our Vision. It will detail.. 8p•¢lfl¢ goal•- m888urable outcom88 that allgn with our Mlsslon and Vision: objectlveJ- actions and initiatives we will undertak8 to r8ach th888 goals., tSmellne- realistlc timeframa for achlong those object(ves', How wlll wo know whan wè hav• arrlvgd7 Imotrlc•l Wa will nggd to os18blish key performance indicator5 that will allow US to maasurg our progress and avaluate whether wa are on th8 rlghl track. Thè88 mèlrbcs will focus on tha most crftical indlcatofs of h8alth and growth. On th• Klng's Road IOTKRI Church Hall Ml$$lon 8ulldlng ProJg¢t Our Vi81gn for the OTKR Building Project is lo create new buildings and invlung spaces, welcorning to 011. whfyrg Gc¥l'$ lov918 shared. At a Congragational meèting hgld on 3 June 2024. the ¢ongr9gatlon unanimously agreed lo.. 8nler into a building contract wlh Hugh J O'Boyl8', glve aulhori5alion lo the Property Development Group IPDGI to eng8g8 wllh 8nd nego810 any details and addllional cost5 wSth the architects and contractors as the devdopm8nt progr8ss8s wlth Sasslon and Congregadonal Commlttee baing Snformèd of any proposad ehang&S to thè 8gr8èd landèr sum together wllh reasons., enter into a borrowing arrangement con51sling of a lerrn loan and an overdraft facility. sublact to Prasbylary approval., aulhorise Resource and Finance Committee lo negoliale the temis of the borrowing arrangement. Should tha proposad t8mis of the borrowing aangement include security over the Church prop&rty. then a furthgr Congregatlonal Mggting will be called lo approvo Such tern. East Belfast Presbytery gave approval for this loan in June 2024 and foltowing a tender process, bank facilM8s wara put In pla wllh no quIreM$nI for se¢urlty ovgr Church propgty- The contractor commenced on the OTKR Building Project in September 2024. After the Pr&eM0110n asbestos survey w8S undgrtaken, demollllon began wllh all d9molllion work ¢omplelgd by December 2024 when thg COntr8ctor commenced stripping b8ck the stte to pr9p8re for ngw foundations lo btr181d. Work on Ihg orgcllon of the sleelwort( frame is expected lo cornmence earfy in the 2025 ygar with the project expecting to complete in earfy 2026. Wornhlp Sorvlc•8 For the duration of the OTKR Building Project, SLsnday moming services are being held at Campb811 Collegg, lo facilitate Sunday School and Sunday gvoning servlces a boing h8ld at Knock. Ovèr the Chrfstmas padod. wh&n Campbdl Collggo was closgd. the congregation joingd Slomont Prosbyt8rian ChiJr¢h's Sunday moming worship sèrvlcg. Kirk Session has designated one Sunday a mtsnlh 8$ 8 'Conng¢t' Sunday Io allow ¢Jggp&r ro18fjon$hlps to bg fostarad wlthln tho congregation. There is no evening sgNi¢e thosa 'clnecy Sundays and mgmbors of thè'connect, Groups are encouraged to spend relational time together on Sunday afiemoons and evenings. Session has pul the 'Eng8ge' services on 'p8use' and is giving thought 8$ to how best to use the SundBy evening services. FrAlowing a request from the General Assembly for congregations lo consider increasing the level of frequency of the Lord's Supper 8t worship sarvices. Kitk Session agreed that there would be 5 moming Communions and 4 evening Communions in a year with consideration to be gNen to 1 of the morning Communions bèing an all-a98 Communion. Kirk Session approvad that Rev Doug Bradley, Pastoral A5SiStant, lead5 a monthly traditional service in the aft8moon forth8 dder mambers of Knock who are unable to attend worship seNIc65 on Sunday momings.
Knock Congregation of The Presbyterian Church in Ireland Trustoes. annual raport (Cl*1e} Year ended 31 December 2024 Pray•r Kirk Sèssion eonlinu8s lo provide as many opportunities for individual and corporat8 prayer as possible. The Powerhouse Prayer Gathering meets on the first and third Wèdnasday of each month in the Church al 7.45prn and corporate prayer timès arè availabl8 beforg th8 Sunday moming and evening services. A corporate prayer week was led by Rèv Gray in September 2024 and a Prayer Room was also available for individual prayer during the King's Cross Club wegk in August 2024. Th8 monthly Knock Central Prayer Resource is e-mailed to membgrs and is avallable in large print al the back of the Church to take away and is yiven lo thos8 who ar8 visited by the Pastoral As5iStanl. The Prayer Intercessors group Ipraying for m&mb&rs who hav8 put prayer Tequests into the praygr bDx&s around the Church or e-mali ed them Ihrough to thè Church offical. continuos to be busy supporting members who are grieving, struggling, hurting, alon& or in paln. Thè Prayar Mlnislry group Ipraying with mernber5 on rèquest) megts in the North Trans&pl of the Ghurch aft8r the first moming service in the month. Pastoral Care It is each mamb6rfs rgsponsibillty lo pastorally care for each olhgr with Kirk Session having particular r&sponsibllity trj onsuro that 81ru¢tur8s 8re p18Cg lo dellver every member pastoral care. These structures include.- lil PastDrates, for members not in srnall groups. which are led by Elders who are Support by P8stDral Visitors from Ihg ¢c>ngrggatltsn.' Illl Small Groups, where members pastorally care for 8ach other., liiil the Pa51oral Assistant, for nernbers who are housebound. in hospital. or in nursing or core homes,. and livl the Minister, for members requiring more critical pastoral care. Rev Doug Bradley, PastOTal Assistant. has indicated that he 11 be stepping down from this role in June 2025. Kirk Se$$ion has commenced a review ofthe Pastoral Care StrUctuS and praclic8s b&ing offered at Knock. Ml$$lon Wo 8rg 811 called lo Ihg work of mission In our daily lives Itrlrough the Great Commls5ion and we should take every DPPOrtunity to encourage each other in thls work. Kirk Session recognises that there are a number of members of the con9regation who work In full lime or part lime mlnistry or mission either In an individual capacty or with a mlssion organisation and pray th81 through Ih8lr obgdigncg to God's calllng. in hls SgNlc&. God would prospgr Ihglr work and would bl888 thgm and the organisalions for which they work. Tho T8ar Fund partnèrshlp wlth th8 DIoc&s8 Df Muhabur8 In Uganda ffinlshgd In March 2024. A'closo Out, Report on the partnership was received by Session from the Uganda Partnershlp Committe8 which concluded that although the partnershlp worked very well, there were a number of learnings for any future m155ion partnership being undertaken by the congregation. Tho 2024 Chdstma$ Offorfngs wgro $pIIt botwggn Thlmor MSnlstrfg5 to tho Arabs b0s9d In Lobanon Iprimadly lo asslst with reliof workl and Intomaonal Maatlng PglnE In Bglfast Iprfmarily to upgrada gqulpmgnll. East Belfast Pr8sbytery has deslgnated Tullycarnel as a Mlsslon Priority Area. Knock continues to provlde practtcal and )Inanclal support for the mlsslon and mbnlsty work 81 Tullycamol Prèsbytadan Chur¢h. Th8 Creallon Carg Group. which mg818 to GL)nsldgr and Implgmgnt ways In whlch thg congreg8llon can, collectivgly and Indivldually, better care for the environment, undertODk many act1198 durfng the year providlng pracllcal advbce and support lo the congregBtion on sustainoble living and reducing our carbon foDlprinl. PW me8Ung5 continued through the year provlding followshlp and 8UPPOrt for Its women m&mbers as Ihgy con$lder and develop Woys of supportlng the Church In m15510n. Recognlsing th8 currant actSva congregatlonal Involvement In mlssion work on an Indlvidual and corporal8 basls, Klrk Session will ¢onlinue lo develop a mission mindsgt in ihg membors. Youth 462 chlldren Bnd young p8opI8 from Knock, neighbouring churches and the local cornmunlty attended the Church youth sumrn8r outreach pry)grammes which includ8d Klng's Cross Holiday BSble CILJb, A¢tiV8t9. G8me of Thr6& Halves, and Adv&nture Days. 90 young people attended a youth weekend at Casll&well8n C8sll8 In March 2024 wllh'Chi)sgn to Sèrve, as thè theme as wall as a further youth wggkend at th& Castle in August 2024. 23 children attended the P5Q7 weekend in May 24 al the lfjlbroney Centre. Rostrevor with 'Fimi FOUrall08, as the theme. 18 Young Adults 8ttsndgd a weekend on the North Coast in May 2024. Greenhouse. the Sunday evenlng youth fellowship, continues to provide opportunities for ouryoung people to pralse God and pray with èach other. to sludy the Bible, and ID grow as disoiples. The UghthotJS8 and MADhousè Sunday moming Bible classes h$lp our ehildran and t&&naggrs to better undgrsland the Bible and the Christian faith and tho Crochg allows pargnts rjf babias to hear God's Word in tho Church sèrvicas. Th&'Mantoring' programmes for the young people in Year5 13 and 14, run by thg staff, as w811 a5 the OCN cour585 on off8r, halp our1o&nagers davglDp and transition Into serving in Church. The Young Adults group supports our young peopl8 in their faith at univetsty tsr in thgir fomative years ofwork as they Move away Irom home. In line wth Knock's vlsion for partnershlp and mlsslon, 12 young people and their leaders travdled lo Chelm in Poland in July 2024 wlth the Josiah Venture organisation with the airn of building re181ionshiR$ wlh our broth&rs and sisters in Christ in Chelm and serving their local young people's Church camp. Knock Youth reaches out to the Iwal community through the busy Church YoLrth Club on Friday evenings Iwilh 150 8tt8ndlngl and through the large number of unifomied organisations (Girfs and Boys Beave¥s, Cubs. Scouts, 8nd Explorer Scouts) meeting through the week Iwith over 300 attending). A number of Knock vdunteers also 1$1 leading the youth club 81 TullYrnet Presbyterign Church on Friday aftemoons. The Duke of EdinbuFgh Scheme at Knock. continues to thrive with 3 young peoplo completing their Silver Duke of Edinburgh and 3 young people completing their Gold Duk8 Irf Edinburgh in the year. During 2024. 15 girf5 attènded the Soul Sistas programmo.
Knock Congregation of The Presbyterian Church in Ireland Trustees. annual report(conthuodJ Year endgd 31 December 2024 Sgssion has in placè 8 &y8ar funding p8ckagè with the Edueation ALrthority. which commèn¢gd in April 2023, to cover the cost of th8 Youth Workor position and 8SSOCl818d youth programm8s. Thg Edu¢alion Aulhortty have continued lo asse55 Knock youth programrnes as'outslanding,. The'mad E8St' weèkènd held ln Orang8fi8ld Prosbyiorf8n Church at th8 and of October 2024 was attended by over 300 young people from 12 local Churches who were inspired lo live for Jesus and serve in his Kingdom. Kathèrlna continuès to m8ntor and provldg OPPOrtunkl&s for th8 d8v8lopmant of our young peoplè Inlgadlng pra188 and worship and Paul, Nicky and Katharino ¢onlinu8 to prov5d& Support for SU'S In local schools ancl colleg8$. Dl$clpl•shlp Lif&on-Lifg Di5cip188hip Groups COmTnenc8d during the ygar. Th8sg groups h8V0 8191$r (who h88 b8gn traln8dl and 3 or 4 members. are single sex, meet fortnightly. are a 2 to 3 year commitment and are focuss8d on intentionally sharing everything togglh8r. After 8 year. the morg matLJre members of each Group will b& trained as Group leadets and will start their own Group. Kirk Session wntinues its revi of Small Groups and is encouraged by the number of men7bers who have joined Connect GrDUPS. In Ilght of tho resignation of the Director of Music Ministries in Sept&mber 2024. Kirk Session will commence th& Proc of appolnllng a new Directtsr ol Music Ministrlgs In 2025. Tho monthly Lunch Club. m88tlng at Tultycornel Presbyterfan Church. ¢onlinu8d to provld8 regular fellowshlp. 8n¢ouragement, and support for thg oldgr mgmbars of th8 congrggation through th8 year. Evangellsm Thg group dovaloping the Knod( 'W8lcome Experience, Implemented a numb8r of lon5 during the year. The 3 Welcome coffe& moming8 for new, or nearfy new mgmbers, conknnued through the yaar, one in each lemi. A Hopè èxplorèd course was held on 17. 24 and 31 January 2024 and on the back of the good attendance on this course, well alt8nd8d Chrfstl8nlty Explorad courses w&ra run. on& for women and one for mèn, with 50ma members of these courses golng on lo attend Church m8mbw5hlp dasses. Womèn's and Mèn's MlnSslry programmes and events conllnuèd through the year, provldlng Blblg toachlny. followshlp. prayor and discipl&shlp dovg1gpm•nt opportunities for m8mb8r5 and those P8Dple that Ihty invlts. Over 500 attended the Communlty Carol SeN1¢9 in Knock on Sunday 22 Dec8rnber 2024 fllllng the Church. as traditional carols were sung, and Blble raadings were rsad, with Rev Gray sharlng som* thoughts on thè birth of Jesus. This was followed by a hog ro88t, plzzag and mulled wina. The Knock Scout Troop14th1 c8lebr8led th8lr 80 8nnlversary by hosting a lunch in the Church halls for over 1tNJ of their current and fornier leaders. Pre8bytery held an aullsm Bwareness morning for the communlty In the Church halls In April 2024. Klrk Sasslon and staff continue lo support thè work of the SU E3 schools, mlnlsty programme and, In partlcular, Jax Mccallum, the East Belfast SU E3 workar. Please rem8mber her and the work of SU in your prayers. Outraach and Servlng tho Communrty Tho Community Hub continues to meet each Tuesday momlng b&bOn 11am and 2pm with members of the Communfjty Support Group vdunteerfng to Sgrvg al the Hub whlch provldes fraè coffeè, cakè and cralc and a frf9ndly wol¢omg. Tho Communty Support Group coffee momlng March 2024 In oonlundon with the Creation Care group plant 8819 fdlsgd funds for various mi88ion$. Klrk Sesslon Continues lo give consideratlon lo pr8¢llcal ways in whlch Ukrainian refugees coming to Belfast C8n b& supported by Knock. Several rngrnbars of thè congregation continLt& lo host Ukrainian refug8è f8mlllès and individuals. Kn()ck's 'Welcome Church&s' group continu8d to 8ngaga wlth refugee famlll8s In the area through thè yèar. Th8r8 was a great attgndanc& at th8 Community Fun Day in May 2024 hold at Kn(Kk In wilunction with Other local Church&8, th lots of fun and music for folk, both old and young. A radrees musical evening was hold In May 2024, organised by Nathan Surgenor. with gvar 50 folk attending from Towell Hou88. Kirk Hous&, Bell Rotary. Cabin Hill Cwrt, Johnson$ Court and St Columcille's. The Badminton Club, Drama Society, Wednesday Walkers, Saturday Striders, Craft Group, Knock Tots, Conl8¢t Contre. and Spe¢i81 Friends of Knock activf(ies contlnue lo pr()vide fellowship and outreach opportunllies lo the community. Proparty With the irnp8nding Church Hall Building Projèct. tha Administration OFfice, Vesty and Staff Officès ware relocated to 51 Klng's Road (having obtained consent from the Council for a Temporary Changa of Us8 Planning Application) for thè duration of the On the King's Road Building Project.
Knock Congregation of The Presbyterian Church in Ireland Trust•os' annual rèptsrt Iwntlnuod) Year ended 31 December 2024 Planning consanl was r8ceNed in the yèar to replace the three side extèrior w(M)d9n doors of the Church on a like for like basis and to rèfurbish the two front ext&rior wooden doors of the Church and put in place iwo new aluminium glass doors just b8hind the two front exierior wden doors. A tender process w511 und8rtaken in earfy 2025 wlth 8 contractor to be appoint8d ther8aftèr. Communicatlon Kirk Sasslon approved a Cornmunicatlons Str8gy in February 2024 to b9 mor& gff8¢tive and intentional In communicating with all ol our Church family and our local and global community. Safe9uardlng Following the Presbyterian Church in Ireland's Council for Social Witness endorsomgnt of Onus INI) Ltd's 'Saf9 Plac8. inilialive, Knock signed up to this initiative whlch provides support and sign posllng for people requiring infomatbn as a result of domostrc abuse or violenc&. Som8 members of staff and tho ¢ongr8gallon attended a 'Safe PI8CO' Sgmlnar. The Church's fire evacu81ion procedure was updated during the ygar. A number of members of thg congregallon undertook Taking Cara trainlng during the year. As part of Ils responsibilities, Session cOnnU8S lo keep under review the Church's Chlld Protscllon Policy Ihavlng complttt8d a fomal triennial review of thls pollcy in the yearl and Adult Saf8guardlng Pollcy. Church M•mb•rshlp At 31 D6cèmb9r 2024, there were 718 persons on tho Cornmunion Roll, 705 families dalmlng connection with the congrtrg8lion and 1.765 persons of all ages claimlng ¢onnectlon with the ccngregation. In thg 2024 year, there wer6 14 ngw communicant memb8r5, 6 baptisms. 3 wgddlngs and 19 funerals. Flnanclal Revlew The congregation's main source of Incomtt is rnernbeT5' contributions through W88kly freewill Offering and don8llon8 for Mi55ion. During the year total incom& was £1,586,451 12023.. £1,089,997}. The total income for the year included bequests r9ceived of £NIL12023.' £24.3711. In 2024. don8tlon$, nel of expendSlur8, In respect of On the Klng'8 Road building project, £758,717 12023.. £246,3S21. The nat surplus fDr the year Is £801,035 12023.. n9t surplus £416,344) which has incr888gd nel assets al 31 December 2024 to £3.074.157 12023.. £2.273.1221. Th8 Church's Inv8stment Pollcy is lo Invost any surplus funds In mlnlmal rlsk Bank Traasury D8posits and to oblaln intsrasl on these funds. At 31 Dac•mb8r 2024, Ihfrre was £2.056,18312023 £1,512,780) hold In Trèasury Deposits. Tha Church also owns th8 Church propgrtyvthl¢h # c8rrf8d al cost and is lully depreciated. Thtr M8ns8 reSideral pr¢)pertyfor Its Mlnl$l&rand a resldential house on Ihg Church silg are valued in total 01 £600.00012023: £600,OODI. R8strlct•d Funds The On th8 King's Road IOTKRI Church Hall Mission Building ProjIe0mmenCed in S8pt8mb&r 2024. Tho b818nce on th8 OTKR fijnd al 31 December 2024 is £2,072.60612023.' £1.213,7891. Manse Fund. Funds Telatlng to tha prèvlous Mansè. The balafft of th8 fund at 31 Dacambar 2024 is £356,08712023'. £358.0871. Youth Inve$tment Fund. Fund8 Yelaling to youth work In the Ictal area. The balance of the fund al 31 December 20241$ £42.339 12023: £36.6541. Mission Support Fund. Funds relallng to mi551on support In Knock. Thè balan¢e of th8 fund at 31 Dacèmbgr 2024 Is £125,351 12023.. £118.3171. Strand Partnershlp Fund. Funds r8latJng to tho Str8nd Partnershlp. The balance of the fund at 31 Decembar 20241s £NIL 12023: £7,9791. Uganda Partnèrship Fund. Funds relating to the Uganda Portngrshlp. Th$ bal8nc8 of th8 fund at 31 Decombor 2024 Ss £4,386 12023.. £59,863). Benevolent Fund. Fund$ rglattng lo Kno(* m8mber8 who are in need. The balanc8 of th8 fund at 31 December 2024 is £31,059 12023.. £27,819). Bell Donaldson Gray Memortal Fund. Funds relang to Chrfstlan tr8inlng for Knock members and support lor Knock mgmb&rs under 25 years of 8g& engaging in Christian activities. The balance of the fund at 31 December 2024 is £51,13512023.. £56,273). Property Revaluation Reserve. Reserve relates to matket revaluation of Knock owned property. The balance of the resèrve at 31 December 2024 is £243,91312023'. £243,913). Fjowgr Fund. Funds rglaling lo flowers for Knock worship services. Th8 balanca of tha fund at 31 D9¢0mber 2024 18 £3.061 12023.. £2.5301. Community Support Group. Funds relaling to Knock actlvltlas In thg local community. The balance of the fijnd at 31 Dwmbgr 2024 is £12.98312023.' £12,157). Knock Y)ulh- EA ProgpatHrne. Funds relating to Knock Youth Educalon Authorfty programme a¢twilies. The balance of the fund at 31 D8C8tllber 2024 is £8,66612023.. £9,631). UkF8inian Refugees Fund. Funds r8lating lo the 3UPPOrt of UkTainian refugees att&nding Knock. Thg bal8n¢o of the fund 8131 December 2024 is £6,13512023'. £6.7841. Re$grve$ Poll The Trustees have considered the level of unreslricled reserves that it is appropriate to hold taking account of Current and ongorng commitments. It is Ihe policy of the Tnjstees to hold the equivalent of at lèast thr89 monlh's normal running costs in cash reserves. At 31 December 2024 unrestricted serveS were £109,00312023'. £113,893).
Knock Congregation of The Presbyterian Church in Ireland Trusts•s' annuaj r•port (conVnu•dJ Yèar •nd•d 31 D•e•mbèr 2024 Going Con¢om Afler r8viewing the Church's future plans, the Trustees hgv8 a rè8sonabl8 8XP8Ctation that the Church has adequalg resources to continue in operational existence for Ihe foreseeable fLrture. The Church therefore continues to adopt the going concern basis in preparing financlal statèmants. Plans forfuture periodB As wèll as dèvèloping a long-tèmi stratègy for Knock for th8 Coming yaars. thg Truslaes will corrtlnua to davelop tha g kay argas of th8 Church. irnplgmenling and allocating rgsourcgs as rgquired, as thgy work towards dglivaring tho chuh,$ Vislon. through its Mission and Valuès, to extend Christ's kingdom in th8 Congr8ga0n, tho lo¢ communlty 8nd throughout Ihg worfd. Auditor A resolution proposing that Miscampb811 & Co b8 reryappointsd as audltors 11 bg Put to th8 Annual Gen8ral Meeting. Tru$tg0 Rg$pon$lblllll•s Members of Kirk Session are mindful of their Trustee re5PLFnsSbilillgs charfty law. glvgn that KnThJ¢ Pr83byt8ri8n Church Is a registered ch8rity. Kirk Session works closely with the ConggatiOnal Committee lo ensure that the necessary structures. i¢i88. procedures, and meGh8nisms A in plAce and that legal and regulatory requirements are being met to deliver good governance as benchmarked by the Charities Commission Nl. Memkrs of Klrk Sesslon undertake approprfale tralnlng to rneal their responsibilities under charity law. Rlsk The Trust. worklng clo$8ly with tha Congregatlonal Committee and the staff, recognise Ih8ir responsibility with regard lo managlng rtsk in the charfty and hav8 adopted a low-risk tolerance in all of the charity's aclivilies. This is achieved through the regular identification, review and 8s8&58m8nl of the risks faced by the charity. whether they be governance, operational. financial. gxtamal or regulatory. and the Managennt and mitigation of Ih03e rf8k8 where at all posslblo. Trustaos. re8ponBlbllltles ststemant The Trustees are responsible for preparlng the Trustses, report and th8 fln8nclal stst8m&nts In 8ecordancg wlth 8pplicable law 8nd United Kingdom Accounting Standards Iunited Kingdom Generally Acc8pl8d Accounting Pr8Cticel. Tho law 8pplicabla to chariti8s in Northern Iretand requires the charity Tru3tee3 lo prep8r8 flnanclal stat8m8nts for 88ch yaar which give a true and lair vi8w of thè slatè ol affalrs of the charfty and of tho incoming resourc8s and application of resources, of th8 charfty ft)r that p8rlod. In prgparfng Ihgsa financlal statements, th8 Truste83 arg rgqulr&d to.. 5818Ct suitabl8 accounting pollci98 and thon apply thern conslslantty; observe the mèthods 8nd princlples In the applicable Charities SORP., makè judgments and accounllng astlmales that are reasonable and prud8nt; stale wh8lh8r apIcabl UK Accounting Standards h8v8 bggn followgd, sublgct to any mot8rfal dapartur88 d15closed and explained In th8 financlal statements.. and prepar8 the financial stslemenl8 on the gotng ncern basls unless It is inappropriatè lo prèsume that the ¢harfty wll continug In busSn855. The Tnjstees are responsible for k8eping 8dequat8 accounlng records that are sufficient to show and expl8ln thè charitys Ir8nsaclions and disclose with reasonable accuracy al any time the financial position of the charity and enable them lo ensure that the financial s18lem8nts comply with the Charilies Act INorth8m Ireland) 2008. Thèy Br8 also responsSble for safeguarding the 8SS8ts ofthe charity and hence for taklng re8sonabl8 steps for th& prev&ntion and detection offraud and oth8r irrègularttt6S. The Trustees, annual re rt Was 8pprov8d on 18 February 2025 and signed on behatf of the bo8 of Trustess by". Mr H Wilson TTustse
Knock Congregation of The Presbyterian Church In Ireland Independent audltorfs rnportto thg members of Knock Congregatton of The Presbytèrlan Church In Ireland Yèar ended 31 December 2024 Oplnlon W8 have audited the financlal stalgments of Knock Congregation of The Presbyterian Church In Ir81and Ilhe 'chaTity'I for thè year ended 31 Decambèr 2024 which comprise the statemant of financial activrties, statement of financial position, statemènt of cash flows and the related notes, including a of significant accounting Oiclès. The financial reporting fr8m8work that has be8n applied in their praparation is applicable law and United Kingdtsm Accounting Standards, including FRS 102 Tha Financial R8porting Standard applicable in the UK and R8public of Ireland Iuniled Ksngdom Gangrally Accepted Accountin9 Practic&l. In our opinion thg financt81 slal&mènts'. give a truè and fair view of the stsle of the charitys affalrs as at 31 D8cernber 2024 and of ts Incoming resources and appllcation of resources. including ils Incom& and 8xp8nditure, for the yoar then 6ndgd- have be&n properfy prep8r8d In accordance Unit8d Kingdom Generally Accepted Accounting Practlc8," have be9n prgpared In accordance with the requirements of the Chthli88 Act (Northem Ireland) 2008. Bas18 for oplnlon W9 conducted our audit in accordance wh Intem8tlonal Stsndards on Auditing IUKI IISAS IUKI} and applicable law. Our responsibilities undèr thos& s18nd8rds are further described in the audllols responslbilrties for th@ audlt of the financial statements s8¢lion of our report. We are independent ol the charity in accordance with Ihe ethical requirements that are relevant lo our audit of the financial statem8nis in tho UK. Including Ihts FRC'S Ethical Standard, and we have fulfilled Dur olhar 8thic81 responsibiliti8s in accordancg with these requirements. W8 believ8 that thg audit evidencè we have obtaln8d Is suffi¢l8nl and appropri81a to provide a basis for our opinion. Concluslons r•l#tlng to oolng concom In auditing the ffnancial statamants, w8 hav8 concluded that tho trust88s' u$9 of tho golng concern basls of accounllng In thg preparation of the flnanclal stolèmgnls Is appropriate. Based on the work we have perfomied. we hav8 not Idan9d any material uncertainti85 r8latlng to ovenls or condltions that. Individually or coll8cilv8ly, may cast signlfl¢anl doubt on tho charty's abillty to continufi as a gobng concarn for a p8riod ol at lèast e1ve months from when thg flnan¢lal s181&ments are 8ulhoris8d for Issue. Our respon51billlles and Ihg r85pons1b515t9s of the InJst8os wllh r&spacl to golng concam aro do$crfb8d In tho r818vant 88Ctlons of thls report. Oth•r Inforniatlon The other Informallon comprises the infomiatlon in¢ludod In the annual report. other than the flnanclal statèments and our audilorfs report Ihereon. The trustees are responslblo for tho other inforrnauon. Our Dpinlon on the flnancSal $18lemenls does not cover the other Information and, 6xc8Pt lo the 9¥1gnt otherwi88 explicitly stated in our raport. wg do not expr85s any fomi of assurancg conclu$lon Ihereon. In connection wlth our audlt of tha flnan¢ial $18temenls, our responsibi1Sty Is to r8ad the other infomatlon 8nd, in doing 80, consldar whethe¥ the other Infomiallon Is materially inconsislenl with the financial stat&ments or our knoedge obtained in the 8udil or otherwise appears to te materially misstated. If wg identify such material inconsistencies or apparent material misstBtamants, wa ar8 raquired to detgmine whether there is a material misstatement in th8 financial 8t81èmenl$ or a material misstatgmgnt of th8 other infomalion. If, based on the work we have porform8d. w8 conclude that there is a rnalerial Tnisstalement of this other infomiation. we are required to report that fact. We hav& nothing lo report in this regard.
Knock Congregation of The Presbyterian Church In Ireland Independent auditor's report to the membars of Knock Congr8gatlon (rfTh• Prg$bytgTlan Church In Ireland (¢¢)nthkugd) Year ended 31 December 2024 Mathrs on which we are requlred to report by exceptlon In th9 light of the knowledge and understanding of the charity and its environmènt obt8ln8d In tho Cou8 of the audit. we have not identified material misstatements in the trustees. report. We have nothing lo r&port in respect of tha fdlowing matters in rèlation to whlch th8 Charftlès knl INDrthem Ireland) 2008 requiras us ID repDrt to you If, in (>LJr oplnlon.. th8 infomiation glvgn in tho tw$to88' rgport Is Inconslst&nt In any matsrlal r8spèct wlh the financial statements.. or odequats 8¢counUng records h8Vg not bo&n ktrpL or thè financial stat8mgnts arè not In agreement with the a¢countlng r8cord5 and retUrn5- or we have not recelv8d all the Information and explanatbons w8 requir8 for our aud R•ipon¥lbllttl•JJ of trustoo As explained more fully in the Irust885' respon5ibilitie5 sl8lemenl, th8 Iruslee5 are responsible for th8 preparation of the financial statements and for being satisfied that they give a true and fair view. and for such internal control as tho trust detarmine 1$ nec8ssary to enable the preparation of financial stat8ments that are fro8 from material mlsstaioment. whathar dua to fraud or orror. In prgpartng thg financlal ststemants, th6 tru$teas are rasponsibla for assessing Ihg charfly's abillty lo continue as a golng Concern, dlscloslng. as 8pkllc8blg. m8tt8rn ro1818d to golng concom and uslng the golng con¢8m basis of accounting un5855 the trustees either intend lo liquida18 the charity or lo ¢eastt operations, or have no realistic allttm81ive bul to do so. Audltor'• rpOn1)IbIlItI• lor tho audlt of thè fln¥ncl•l $tatsmonts Our oblèrtlv88 a to obtaln roasonobl8 assurance about whothgr tho financlal $talgmgnts as o whclo arg fro0 from malerfal misstalemenl. wh8th8r due lo fraud or error. and lo is¥u8 an audilcsrfs reptsrt that Indud&s our oplnion. Reasonablè 888uran¢e is high level of assurance, but is not a guarantèè th81 an audit ¢tsndu¢tsd in ac¢tsrdan¢o with ISAS IUKI will always daloct a material misstatement when il exis15. Misstal?menls can arisg from fraud or error and arg considered rnalerfal If, individually or In tho aggr6gata, thay could reasonably b8 expected to influ8nc8 th8 economic d8cisions of usars taken Dn the basis of these flnanclal stat8mants. In8gularities. includlng frèud, aT8 Inylanc88 of non4tsmpllanc8 wllh laws and r8gulalions. W8 destgn pro¢8dur8s In linè wth our responslbillties. outllned above, to detecl material misstatements in respect of Irregularitles. Indudlng fraud. The 8xtsnt to which our procedures ar8 Capable of dotscllng Irregularllies. induding fraud 1$ dgÈallgd bdow.. Wè dl8cussed laws & rggulatlons and fraud rfsks durfng our audit planning procedures. We consider that Iraud, If il werg 10 occur. would most Ilkely involvg Ihg misapproprtauon of Sncom•. AudSt proc8dur8s w8r8 plann8d and p&rfornied lo a558SS procgssgs for recordSng the different sources of incorne. We remain mindful that fraud, by its very n8lurg, may b8 dirricult to dgtect but Wg hav6 tested controls in place and Consider that r)ur audit has a reasonable chance of detecting a ffjaterial fraud in thls ar98. As part of an audft In accordance with ISAS IUKI, we gxorclse professlon81 ludgmfrnt ond malntsln profgssSonal scaplclsm throughout the autjk. Wo alsg: Id8ntsfy and ass8ss tha rfsks of rnalarfal mEsslatemenl 0¢ the finanrA81 slalemènts, whether due to fraud or error. deslgn and perform audit procedures r&$ponsive to thos8 risks, and obtain audil evidence Ihat is sufficAenl and appropriate lo provide a basis for our opinion. The risk of not d&tecllng 8 rnaterf81 mlsstat8m8nt r8sulting from fraud is higher than for one resulting from èrror, as fraud may involve collusion, forgery, Intention ornis8ion8, rnisrepresentstlons, or th8 ov8rrid• of internal control. Obtain an understanding of intem81 oonlrol r8lèv8nt to tha audit In order to deslgn audit PTocedures that are appropriats in Ihg ¢ir¢umstanc&s. but not for the purpose of exprossing an opinion on the gffe¢ts"vongss of thg Intemal control. Evalue thg approprfBteness of accounting policAes LS88d and the reasonableness of a¢¢ounling ostimatgs and ralated disc4osures rnado by thè trusteès. 10-
Knock Congregatlon of The Presbyterian Church In Ireland Ind?pendent audltQT% reportto.thg of Knock CDnsregatlon Df ThvPr•$bytsrlan Chur¢h In Irelknd Year ended 31 Decwnbw2024 Conclude on the appropdateness of th8 tru5teBs' use of the golng conLW b88b cl awJunUn9 ¥rd. bs¥sd On the audit 8vldenc8 obtplned. whglhpT a matyrf81 uneertalnty sts tslated to events orL)dItionS that may oast swlcant do.ubt on Ihe ch8rWs èblty b wntinup 85 a golng cor¢ern. If w8 wndud8 that a ntlal wcertalnty ex15ts. requlrgd b draw Bttenilon In our eudthrfs SBPDrt io the r¢tatEd dlsclosures In the nand81518ments OT. If 8u¢h dkclosureg are in8dewats, to rn0 our Dll1., OLY GonclLLskn ar8 ba38d on audit evitlenctr OblaU up lo th9 dale of our audltofs T8porL Hryweyfjr. events tr condldonsmay ¢au38 the charitylo c8a5910 ccthu8 a5 agoing conBgr Evafuata tha overall presentauon, Bbilcturn 8nd contsnt of the flnanvid sfatèmwts. frU61rj lh8 d15dDsure8. 8r whgthor thg tlnon¢lal slat8rft repre8tsnt thg Und19 transaBUon5 and wents In a monn8r that athl? lalr pmeritstion. W& ommuntcate with thos6 chatued wlth o)vom¥th regardlng,. mony oth•r maii8Tr. the F4anngd scopp and IlmlrYJ af the audit )d s1gTriTht8nt audltfi$. IrKludiro aTryslgnlfirnt erlen¢t Irrtpmd ¢ontrd thatwe nIfy durfny rJurAudlL U4• ofour report Thls report ts madg sdqty fy Ihp ¢harity¥ mgmb8T4 as a body, In W£QFdanG8 w]th Sethn 65 of the Ch?riti8s A¢t {Notthem Iretand) 2008. Our audll wryk hag baen undert8ken SD that we thght 8t*¢ lu thè Cherf m?rnbgTS th058 ffAtters we are rBqulred to slatsto thgffj in on auo7tcrfs Teport and forno otheT PUEPOS9. TD tha fullest gxtgnt perrnmad by law, we do notac¢gpt ¢r asyumè rgsponslblltyto Bnyone Lyherttwn the charity 8nd Ihg charivs member¥ 8 body, fer our adort. forthL% rsporL orfortha Op1Tnsw8 foThed. scarnpbell & C Chartered aco)uThtaTrtg & stotyloryaud5tor 6Annadal?AvenuB Bdfa&t BTI 3JH 18 FebNary 2025 -11-
Knock Congregation of The Presbyterian Church In Ireland Statement of flnanclal actlvltles Year ended 31 December 2024 2024 2023 Unrestricted funds Restricted funds Endowment funds Total funds Total funds Income and endowments Donations and legacies Charitable activities Investment income 436,S97 73,519 75.532 937.378 61.588 1,837 1,373,975 135,107 925,32S 117.316 4T,356 Total Income 585,648 1,000,803 1,586,451 1.089,997 Expendlture Expenditure on charflabl& activib'gs 489,322 296.094 785.416 673,653 Total expendlture 489,322 296.094 785.416 673.653 Net Income '96,326 704,709 601.035 416.344 Transfars ban funds 1101,2161 101,216 Net movement In fund5 14,8901 805.925 801,035 416.344 Reconclllatlon of funds Total funds brought forward 113,893 2,151,796 7,433 2,273.122 1,856.778 Total funds carrled forward 109,003 2.957.721 7,433 3.074.157 2.273,122 Thg stsl8m8nt of flnancial actlvllie8 Includgs all gaSn$ and IDss8s r8cognlsod In tha yaar. All Incom8 and exp8ndilure derfvè from contlnuing a¢Uvltlg$. Th• notes on pagu 15 to 24 forni part of these finan¢ial stat•monts. 12-
Knock Congregation of The Presbyterian Church In Ireland Statsmont of flnandal posttlon 31 December 2024 2024 2023 Noto Fixed assets Tangible fLxed assots 12 943.245 633.609 Currant assats Debtor5 Investments Cash at bank and in hand 13 14 49,504 232.621 2.087,276 50.079 677.567 1.030.459 2.369.401 1.758.105 Credltors.. amounts falllng du• wlthln ono year 15 {238,4891 1118.5921 Net current assets 2,130.912 1,639,513 Total ass8ts less curr8nt Ilabllities 3.074.151 2.273,122 Net assets 3.074.157 2.273,122 Funds of the charlty Endowmgnt funds Reslricled funds Unrestricted funds 7.433 2.957.721 109,003 7,433 2.151,796 113,893 Total charlty funds 17 3,074,157 2.273,122 These financial statements were approved by the board of trustees and aulhorlsod for Issue on 18 F$bNary 2025, and a slgn8d on b8hall of th8 board by.. Rav M Gray TnJ$tO& Mr H Wlson Tru8le Tho notès on pagos 15 to 24 forni part of th•s• flnanclal statements. 13-
Knock Congregation of The Presbyterian Church In Ireland Statsment of Gash flows Year gnded 31 December 2024 2024 2023 Cash flows from operatlng actlvltles Nel income 801.035 416.344 Adjustmgnts for Depreciation of tangible fixed assèts Dividends. interest and rants from invttylments Other Int81 rgceivable and similar incomg Accrued expensesllincomal 8.457 11.6001 175.769) 123.188 12,294 14,8001 142,5561 1123.971} Chan$ in.- Trade and other debtors Trad& and other editorS 575 13.2891 852.595 122.5271 {2.5951 Cash generated from r)por811ons 232,189 Internst rocolved 75,769 42,556 Ngt cash from operallng acllv6ties 928,384 274,745 Cash flows from Investing actlvities Dividènds, Intgrest and rents from inveslrnents Pur¢h838 of tangible assets Investment In Treasury depuslts with a malurily gre818r than 3 months Disposal ofTreasury deposits th a m8lurity greater than 3 month5 Nel cash fromllused inl investing activitl8S 1,800 1318,0931 4.800 132,3291 1476,1651 444.946 128.453 1503.6941 Net increasel(decrease) In cash and cash equivalents Cash and cash equlvalents at beglnning of year Cash and cash equlvalants at ond of year 1.056,817 1.030.459 1228.9491 1.259,408 2.087,276 1.030,459 Th• not•s on pag•s 15 to 24 forni part of thos• flnanclal statsmonts. 14-
Knock Congregation of The Presbyterian Church In Ireland Note$ to the Itnancial statements Year gnded 31 December 2024 Gtrneral inforniation The charity is a charity registered In Northem Ireland. The charity regiStraon number is N1104502 ststement of compllance The financial statemants have bogn prepared Dn the going concèm basis in accordance with th8 Charities Act (Northern Ireland) 2008. thè Financial R8POrting Standard applicable in tho UK and Republic of Ireland IFRS 1021 and relevant sections of the Slalement of Racommandèd Pr8¢ti¢e"AGcounling and Rèporting by Charities IR8vised 20151.. applicaNo lo charities preparing Ihgir accounts in accordance with the FRS 102. Accountlng pollcles Basls of preparatlon The financlal stal8m8nts have b&&n prepared on tho historical c051 basis, as modlfied by thè revaluation of certain financial assets and liabilities and invèstment prop8rties measured al fair valu& through income or exp8nditura. Tha financial statam&nls arg praparad In sterling, which is the fundonal ¢urrency of the 8nllty. Golng conc•m Thère are no rnal8rfal uncertalnU&s about thg chartty'8 abi15ty to continue. Dl$¢lo•uf• •xompdon• Dlsclosures In rospèct of flnan¢lal Instruments h8ve not been pr8sentgd. Judg•m•nt• 4nd koy •our¢a• of 8*tlmatlon uncertalnty There are no ar983 of 8ignificantludgmènl nor kgy wr¢gs of &stimaOn uncertalnty. Fund oUntIng Unr8Stdcted funds ar& avallablo fty uso at dlscretlon of thè trusl88S to further any of the charSVs purposes. Dosignatsd funds are unreslrictsd funds garniorkgd by thg trusloes for partlcular lulure prolecl or commltmènt. Restrlcted funds arg subjected lo reslriclions on their expendilure declared by the donor or through the 18rmy of an appeal, and fall into one oftwo SuClaSSeS.. reslrict8d Incoma funds or gndowm8nl funds. In¢omlng rn•ourco• All incoming resources are includecl in the stalernenl of financial activities whan gntttlfymenl has passed lo the charity,. 11 Is probable that th8 econonic benefits associated with the transactlon will flow lo the charity and tha amount can be rellaY measured. The following specific 1¢19$ 8rg 8ppligd to particular categories of income.. Inmmg from dgnatSons or grants Is rocognlsed when there18 avldence of enlf(lement to the glft. receipt Is probab[8 and119 amount can b& measured reliably. legacy Incomg 1$ rocognlsed when r8celpl 1$ prob8lAe 8nd entRlement is established. incom8 from donal8d goods 18 measured al the fair value of the goods unl8SS this is impractical to m8asurè reliably. in which cas8 the value is dgrived from tha cost to the donDr or th8 8stimat8d r8sal8 value. Donal facilities and s8Ni¢&s arg re¢ognisad in tha a¢¢r)un15 when received if the value can be reliab measured. No amounts are included for the Contribution of gener volunteer& in(x)me from contracts for th8 supply of services is rewgnised wth the delivery of the contracted service. This is d8ssifitrd 8$ unreslri¢ted funds unless thgrg is a contpa¢tU81 rgquiremenl for it to be spent on a partilar purpose arkd rgturn9d rf un$pgnt, In whlch case ft may be regard8d as rgthctgd. 15-
Knock Congregation of The Presbyterian Church In Ireland Notss to tha flnanelal stat•mants Year end¢d 31 Dèc•mb•r 2024 Accounting pollclos (conuntmd) Resources expended Expenditure is recognised on an accTuals basis as a liabilty is incUd. Expenditure in¢ludes any VAT which cannot be fully recovered, and is classffiÈd undar hèadings of tha statèm8nt of financial actwilies to which it relates.. expenditur& on raising funds includes the cos15 of all fundraising activiti. evants. nonrfharftablo trading actNilies, and the Sale of donated goods. expenditure on charitable actwities includes all costs incurred by a chartty In undgrtaklng 8¢tlvllla8 that further its charitable aims for the benefit of its beneficiaries, including thos6 SUPPOrt costs and costs relakn'ng lo the govom8n¢8 csf tha ch8rtty apport(oned lo chartlable 8cllvlll88. other exp8ndIlu Indud8s 811 expenditure that Is nttbther related to ralsing funds for the charty nor part of its expenditure on charitable activities. All costs are allocat8d to gxpandllura catagodas rafiecting thg usa of th8 r8sourc8. Diract costs attrfbulablè lo a singl8 actNity are allocate(t directly to that activity. Shared costs are apportioned been the activities they contributo to on a reasonable, justifiable and consistent bas1S. Tanglble amots Tanglble 8ssets Arg Inls11Y rgcorded at cost, and $ubsequentty stated 81 cost Igss any 8ccumu18ted depciall0n and impairment Iossgs. Assets under ¢onslru¢lion arg not dopro¢lal$d untll they aro completed and brought into use. Any tangible assets carrfed al revalued amounts are recordgd 81 the fair value at the date of revaluation less any subsequent accumulated depreciatlon and subsequent accumulated impaimient losses. An In¢rease in thè ¢arylng amount 0¢ an 88881 ès a rtrsult of a ravaluafjtsn, Ss r•cognl88d In other re¢ognls8d gaSn8 and lossos. unl&ss It reverses a charge lor Impairrnent thot has previously be8n recognlsed as expenditure within the statomant of flnanclal activltl&s. A decrgasa in the carrying amount of an asset as a result ol ravaluatlon. is recognisad in Dlher recognisgd galns and IL)SSaS. gX¢gPt to whitth it offsèts any prgvlous rgvaluallon g8ln. In whl¢h $8 the Ios818 shown within other recognised gains and Ioss8s on th8 Statement of financial aclwilies. D•pr•¢latlon D8pTecialion Is calculated so 88 lo) wrlte off thè co81 valu811on of an a8881, 1888 Its rè8ldu81 value, over th& useful g¢onomlc Ilfe of that asset as follows.. Equipment 10%, 20% straight lin8 Impalrm•nt offfx•d assots A ravlew for indicators of Impalm8nt18 carried out al 0h rgportlng datg, wth tho rgcoverablg amount bglng estlm*9d whara such Indlcators exist. Where the carying value 8xc8eds the recoverable amount, th& asgel Is Impalred accordingly. Prior Impalmignts arg also reviewed for posslble T8versal at each reporting date. For thè purposès of Impairment t8slSng. when il 15 not p05sibl8 lo estimate the recoverable amount of an individual asset, an eslirnate is made of thg recov9rabl& amount of the cash-generating unit to which the asset belc+ngs. The cash4Jener&ling unil Is the sm8118s1 idenliflablg group ol assets that includes the asset and generates cash Inflows that arg largely independent of the cash inflows from other assets or groups of assets. Dn•d ¢ontrlbutlon plans Contributions to dafined contribution Flans are recognised as 8n expens8 in the p8riod in which thè ralated s8rvice is provided. Prepaid ¢ontributions arg rwnlsod as an asset to the exlenl that the prepaymtrnt willlgad lo a reduction In futurg paymants or a cash refund. 16-
Knock Congregation of The Presbyterian Church In Ireland Nots$ to the flnan¢lal ststsments [rtfyI¢mJ Year gnded 31 Docember 2024 Donatlon$ and1oga¢les Unrestricted Funds Restricted Funds Total Funds 2024 Donations Fre8will Offerfng Donations lo G&neral Account Loosè collections Donations lo Stip8nd Sale Df small group bookslchrislian literature Mon's minlstry èvents Flow8r Fund Miscellaneous income Ctsmmunity Support Group Ukrainian Refugee Fund On the King's Road fund donations Mission Support donations Youth Invgstrnenl Fund don8tions Strand Partnership donations Ug8nda Partngrship don8tlon$ B8ngvolenl Fund donations Memorial Fund donatsons Donations for PCI funds Donations for Mlssion 88qU8Sts recewed 431,148 715 1.027 1,556 1.587 431,148 715 1.027 1.556 1,587 531 $31 8.068 400 758.717 50,576 5.68S 8,068 400 758.717 SO,S76 5,685 3.761 4.240 315 56.017 49.068 3.761 4.240 315 56,017 49,068 436,597 937,378 1.373.975 UnTeslrfcted Funds Restrfcled Funds Total Funds 2023 Donatlons Fre8wiII Offerfng Donations to Gen8ral Account Luy)$g ¢ollactlons Don8tions to Stip8nd Sale of sm811 group books1Ch$t10n1&1grBIurO Men's ministry events Flower Fund Mlscèllaneous Incom& Cornmunity Support Group Ukrainian Refugeè Fund On tha Klng's Road fund donations Mission SupFx)rt donations Youth Investrnènl Fund donallons Strand Partnership donations Uganda Partngrshlp donatlons Benevolent Fund donallons M8mori81 Fund donatlons Donations ftsr PCI funds Donation5 for Misslon Bgquests received 447.623 2,997 447,623 2,997 1,738 1.410 673 1,738 1,410 873 100 30 4,543 1,535 246,352 59,979 1,269 50 30,790 4,855 425 57,213 39,372 24.371 100 30 4,543 1,535 246.352 59,979 1,269 50 30,790 4,855 425 57.213 39.372 24,371 725,194 200,131 925.325 17-
Knock Congregation of The Presbyterian Church In Ireland N¢>to$ to th¢ finan¢lal $tstsm$nts l¢vnthrywdl Year ended 31 December 2024 Donatlons and l•ga¢l•$ Iwrflnygdj Analysis of donations for PCI 2024 2023 Unitèd Appeal Wortd Dov&lopment App&al PresbyEerian Children's Society Mc>dgralofs App9al PW for Church House Student Bursary 36,245 15,209 3.299 31,445 16,49S 3.201 2,238 1,901 1.932 1,264 56,017 57,213 Analysis of donations for Mission 2024 2023 Lepr05y Mission Christmas offering Chrlsli8n Aid Storehouse Poppy Fund Tear Fund Nathan Surgenor presentation Olhgr 7,590 20,013 3.089 2,734 439 4,697 26,503 3,8B3 1,869 2,023 4,238 1,633 810 49.068 39,372 Charltable actlvltlo• Unrgslrlctgd Fund8 R981rfctod Fund8 Total Fund• 2024 Weddlng8 and funerd18 Donab'Dns for use of halls KPC Youth- joint youth programm8S KPC Youth- outreach events KPC Youth- rasDurcSng organisatlons KPC Youth - other Incomè KPC Youth - EA PTogramrne 1.220 2.085 10.854 32.426 8,417 18,517 100 1,320 2,085 10.854 32,426 8,417 18,517 61,488 81,488 73,519 61,588 135,107 Unrèstricltd Funds Restrfctad Funds Total Funds 2023 Weddings and funerals Donations for us8 ol ha118 KPC Youth - joint youth programme8 KPC Youth - outreach evènts KPC Youth - resourcing organi$81Song KPC Youth- other incorne KPC Youth- EA programma 1,350 3,490 11,153 27,757 9,061 5,505 1.350 3,490 11,153 27,757 9.061 11.905 52,600 6,400 52,600 58.316 59,OC4J 117,316 18-
Knock Congregation of The Presbyterian Church In Ireland Notes to tha flnanclal statements {con Yaar •nd•d 31 December 2024 Invo$tm•nt Income Unreslrided Fund5 Restricted Funds Total Funds 2024 Income from investment properties Bank interest- General Account Bank intsrgSt- hll&morfal Fund Intsrest on Aid 1,600 73,932 1,837 73,932 1,837 75.S32 1.837 n,369 Unreslrict8d Funds Restricted Funds Total Funds 2023 Incom8 from investment properties 88nk Int8r8st- Gèn8r81 Account Bank Intsresl- Memorial Fund Interest on Aid 4,800 40,925 40,925 1,585 46 45,771 1,585 47,356 Exp•ndltur• on charltabl• actlvltlo• by fund type Unrgslrfcted Funds Restricted Funds Total Funds 2024 PCI 8888ssmants KPC Youth Ministry and support Staff costs Congragatlonal running cos15 Mlsslon glvlng and donations paid out On the Klng's R08d fund gxpgndlturg Support costs 30,928 69,191 258,991 123,462 4.700 30,928 131,644 258,991 123,519 238,284 62,453 57 233,584 2,050 2,050 489,322 296,094 TB5,416 Unr8slrf¢tsd Funds R85trfcted Funds Ttstsl Funds 2023 PCI ass8ssmants KPC Youth MlnSstry and support staff $ts Congragational running costs Mission giving and donations pald out On the King's Road fund expgndlturo Support costs 21.639 54.800 211.74e 143,757 4.200 3,300 2.045 21,639 117,154 211.746 143.975 173,794 3,300 2,045 62,354 218 169,594 441,487 232.166 673.653 Exp0ndlra on charltable actfvltkn by •¢tlvlty typo Activili8s undertaken diractly Support costs Total fund¥ 2024 Total fund 2023 PCI assessments KPC Youth hAinlsty and support Staff costs Congrègational running costs Mission giving and donations paid out On the King's Road fund expenditure Govemancè costs 30,928 131.644 258,991 123,519 238,284 30,928 131,644 258,991 123.519 238.284 21.639 117,154 211,746 143,975 173,794 3,300 2,045 2.050 2.050 783,366 2.050 785.416 673,653 19-
Knock CongregatAon of The Presbyterian Church In Ireland Notss to the financlal statsments Icofftinu Year ended 31 December 2024 Net Income Nel income is staled after chargingllcredilingl.. 2024 2023 D8prgc18On of langlblè fixad a55815 Feas payabl8 for the audit of th8 financial statements 8.457 2.050 12.294 2,045 10. Staff eosts The lotsl stsff costs and 8mployeg b8ngffts for th& rgportlng podtsd arts analysod 8s ftsllows: 2024 2023 Wag8s and salari89 Soclal security costs Employer contributions lo pension plans 171.238 9.937 7.990 162,691 8.658 7.407 189.165 178,756 Thè averagè hoad count of employee8 during thè yaar was 812023- 81. No employee receNed 8mp4oy8e benefrts of morè than £60,000 during the year12023.. NIII. 11. TranBfor4 b•tw•on lund• 2024 2023 G8neral Account On tho King's Road fund General Account Communlty Support Group G8neral AClunt Donations for PCI Funds OKR d&signated fund OKR restricted fund Strand Partnershlp Fund Mission Support Fund (100.0001 100.000 11.2161 1.216 1128.6111 126,611 11,4281 1,426 16551 855 11.087.178) 1,087,178 17.9791 7,979 The fund transfars during the year ware as follows.. £100,000 from the General Account to Ihg On tho Klng's Road Fund In rospact of surplus unreslrtct8d funds arising in the year. £1,216 from th8 Gen&ral Account lo the Gommunlty Sorytce Group. £7,979 from th& Strand Partnershlp Fund lo the Mission Svppc>rt Fund follng the end of tho Strand Partngrship. -20-
Knock Congregation of The Presbyterian Church In Ireland Not8s to tho ftnanelal statsm¢nts (wndnuodj Y•ar •nd•d 31 Dèe•mber 2024 11 Tangibl• fixod ats Ass8t und9r CDnstrudion -reehold property Equipment Total Cost At 1 January 2024 Additions 600,000 81.715 5.933 681.715 318.093 312,160 At 31 Dwmb•r 2024 600,000 87.648 312.160 999,808 Dgpreclatlon At 1 January 2024 Charge for the y&8r At 31 D•c•mb•r 2024 48.106 8,457 48.106 8,45T 56,563 56.563 Carrylng amount At 31 D•eembèr 2024 600,000 31,085 312,160 943,245 At 31 Docember 2023 600.000 33,609 633,609 Fr9ehold Propety Frgehold propgrty conslsts of two classes of assets. The first Class is church property which is used to carry out the activities of the church. This class Is carrled al cost and depreciated over the estimated •concsmic I of 50 y&ars. Thls class of property is de8n78d to be fully writter¢ off and having nil carrying value at 31 Docomb&r 2024 and 2023 on a ¢e*l basis. The second class Is residential property. Such prop&rty has baon rèvaluèd as part of thè transltlon to FRS 102. The properties in quesllon have been revalued to the value set by the local rating autho&s. Glvon tho natura of tho proparti8s and th& high laval of on-golng maint&nanc8 to which th&y are suble¢l. no depreclauon applled as the residual value Is considorod lo bo at lèast gqual to th& carrylng valuatson. A598t under constructlon Following competitive lender a construction contract was awarded lo FU O'BDyle Limited for the On th8 King's Road Prolacl Tho prr)j6cl is &xpeclgd lo ¢omplgt9 by January 202$. 13. D•btors 2024 2023 Prepayments and accrued Income Glft dgbtor 20.704 28.800 16,592 33,487 49.504 50,079 14. Investmonts 2024 2023 Treasury deposits > 3 months mthrity 232.621 677,567 15. Cr•dltors: amounts falllng du? wlthln one ye•r 2024 2023 AccNals and dofgrred Incom8 DonatSons collecled due for payment Amounts due to Church org8ni$ation8 Other creditors 133.444 91.623 3,058 10,364 10,258 94,992 2,942 10,400 238.4B9 118.592 21
Knock Congregation of The Presbyterian Church In Ireland Not¢$ to tho flnanelal statsmgnts (ronthu Year ended 31 Dgcember 2024 16. P•n$lon$ and oth•r post r•tirom•nt benefrts Th8 minlster of tha congr8gatlon Is a mèmbèr of thè Presbytèrian Church in Ir818nd Pen$iDn Schgrne {20091. This is a scheme operated by the Presbytèrlan Church in Ir81and, a s8pafdt8 r8gist8r8d Charity. The congregation pays an aSS8ssmènt to thè Presbyt8rian Church in Ireland equivalent lo the employerfs pension contribution for the Scheme and based Dn the stipend paid to the minister. Th6 Prèsbytèrian Church in Imland Pansion Sch&ma 120091 Is a funded Sch&m& of the d&fined benefit typè, provldlng dafinad bènèfits basad on care&r averag& walu&d salary. Th8 Scheme has as$èls hold in a separately adminisl8r8d fund managed by a board of trustees. The Presbyterian Church and t Scheme Trustees have agreed a funding plan to ensure the Schem8 is sufficiantly fundad to meat currant and futu obligations. A formal sChule of contributions was drawn up on 2S Novèmber 2015 whgraby thg Presbytorfan Church agreed to pay from 31 D8c8rnb8r 2015 contributions of 24°k of pensionable salaries to cover the accrual of benefits for future service, expenses. the cost of insuring death in servits banefits and funding the schgmg dofidL Th$ conliibuts'ons mad& by the ctsngregation during tho y&ar we 2024 2023 Minister pension contributions 14,796 The congregation opeTales a defined pension contribution policy for ils employees. The scheme and its assets ar& hèld by on Independent scheme manager. Tha p8nslon charge rapresènts tha contrlbulons duè from thg congrogation durfng the year 2024 2023 Conlrfbullons 7.990 7,407 17. AnaEysl8 of charltabl• fund• Unre8trl¢ted fund8 At 1 J8n 2024 Income Expendlturo Trgnsfors At 31 D•¢ 2024 G8neral Account On th9 Klng'$ Road fund 113,893 585,648 1489.322) 1101.2161 109.003 113,893 585,648 1489.3221 1101.2161 109,003 At 1 Jan 2023 Incomo Exp&ndltura Transf8rs Al 31 Dec 2023 Gèner81 Account On the Klng's Road fund 97,843 844,126 582,929 246,352 1438,1871 13,3001 1128,6921 11,087,178> 113,893 941,969 829,281 1441.4871 11.215.870) 113.893
Knock Congregation of The Presbyterian Church In Ireland Note$ to the ftnan¢lal statsments (conlln(r6dJ Year ended 31 Dgcemb?r 2024 17. Analysis of charitable funds l¢onthus Restricted funds At 1 Jan 2024 Income Expenditure Trydnsfers At 31 Dec 2024 Manse Fund Youth Investmènt Fund Mlssion Support Fund Strand Partn8rship Fund Uganda Partnership Fund Bgnevolont Fund Memorial Fund DonatlL)ns for PCI Donations for Mission PrDpety valUation reservg Aower Fund Community Support Group KPC Youth- EA programmo Ukralnian Rgfug88s Fun(J Belfast City Council On the King's Road Fund 356.087 36.654 116,317 7.979 59,863 27,819 56.273 356,087 42.339 125,351 5,685 $0,576 151.5211 7.979 17,9791 3,761 4,240 2.1S2 56,017 49.068 159.2381 11,0001 17,2901 156.0171 149.0681 4,386 31,OS9 51,135 243,913 2,530 12,157 9,631 6,784 243,913 3,061 12,983 8,886 6.135 531 8.068 61.488 400 18.4581 162.4531 11,0491 1,216 1.213,789 758,817 100,000 2.072.606 2.151,796 1,000,803 1296,0941 101.21e 2.957.721 At 1 Jan 2023 Income Expgndituro Transfgrs At 31 Dec 2023 Manse Fund Youth Investment Fund Mission Support Fund Str8nd Partn8rshlp Fund Ug8nd8 Partnèrship Fund Benevolent Fund Memorial Fund Donations for PCI Donatlons for Mlsslon Prtspgty revalu8tlon r&gerv& Flow8r Fund Community Support Group KPC Youth- EA progr8mm& Ukralnl8n Rgfug8ès Fund Belfast City Council On the King's Road Fund 356,087 35.385 108.171 7.929 37,643 22.964 62.983 356,087 36,654 118,317 7.979 59,863 27,819 56.273 1,269 59.979 50 149.8331 30.7 4.855 2,010 S7,213 39.372 18.5701 18.7201 157.8681 139.3721 243.913 2,618 11.449 12,985 5.249 243,913 2,530 12,157 9,631 6,784 100 4,543 52,600 1,535 6,400 11881 15,2611 155.9541 1,426 16,4001 1,213,789 1,213,789 907,378 260.716 {232.1661 1.215.870 2.151.796 Endowmont funds Al 1 Jan 2024 Incomè ExnditUr Transfèrs At 31 Dgc 2024 Davld Bell John Murray Irvine Abbot JW Stgwart Miss ME Tough&r RT&HCury 590 509 500 98 500 5,236 590 509 500 98 500 5.236 7.433 7.433 At 1 Jan 2023 Income Expendf(ure Tr8nsfors At 31 Dac 2023 DavSd Ball John Murray IrvinÈ Abbot JW Stewart Miss ME Tougher RT&HCury 590 509 500 98 500 5.236 590 98 500 5.236 7.433 -23-
Knock Congregation of The Presbyterian Church In Ireland Note5 to thè flnanclal statsm•ntS (¢tsnrbJu•dJ Y•ar ènd 310•cembor 2024 18. An8ly$l$ of nat ass•ts fund$ Unrestricted Funds Rèstrictèd Funds Endowment Funds Total Funds 2024 Tangible fixed assets Currènt assets Cr8ditor818SS than 1 year 31,085 97.332 119.4141 109,003 912,160 2,264,636 1219,075) 2.957.721 943,24S 2.369.401 1238,489) 3.074,157 7.433 Not a$$gts 7.433 unrgs1rf8d Funds Restricted Funds Endowmg111 Funds Total Funds 2023 Tangible fixed assets Currant assats Creditors less than 1 year 33,609 90,530 110,3001 113,839 600,000 1,660,142 {108,2921 2.151.850 633,609 1.758,105 1118,5921 2.273,122 7.433 Not as¥ots 7.433 19. Analys1• of chang9$ In n•t ¢ash At 1 Jan 2024 Cash flows At 31 Doc 2024 Cash at bank and in hand Current a88&1 Investments 1,030.459 677,567 1,056,817 1444,9461 611.871 2,087,276 232,621 1,708.026 2,319,897 20. Rèlatad partl•s Th8 Presbyterian Church In Ireland, whS¢h 58 a sèparole charity. is a r8laled party. During th8 year th8 congregatlon Gontribuled the following amounts to Funds of thè General Assembly of the Pr8sbytgrian Church in Ireland- 2024 2023 Congregational assessmènl8 Unlted Appe81 Worfd Developmgnt Appe81 Presbyterian Chlldren's St*ety Mod&ratorfs Appeal PW for Church House Studtrnl Bursary 29.636 36,245 15.210 3.299 20,217 32,100 16,496 3,201 2,238 1,901 1,932 1,264 85.654 78,085 The East Bgvasl Pr8sbytery of The Pr8sbylèrian Church In Ireland. whlch Is a separate charfty, 15 a related party. During the year the congr8galion conlrftted tha following amoLsnts to East Bfast Prosbytery of Tho Presbytarian Church In Irdand.. 2024 2023 Presbytery Assessment 1392 1.422 Payments lo Trusl88s durlng tha y8ar The followlng truslg8$ have received remuneration in rg$pg¢t of thèlr gmployment with the Church during thg year 2024 2023 M Gray stipend M Gray Pgnsion contributions M Gray expenses P Brown s8Iary as Youth Director P Brown pension contributions 61.650 14.796 7.036 45,941 2.297 33,527 8,046 3.890 43,137 2.157