, Bloomfield
PRESBYTERIAN CHURCH
TO KNOW JESUS AND SHARE HIS LOVE
Statement of Finanaal Activities linduding Income and Expenditure Account) for the
year ended 31st Decernber 2023
Unrestricted
Funds
Restricted
funds
Totals
2023
Tots15
2022
Notes
INCOME
from donation5 0ndlegacie5
Donations
Grants received
Legacies
217,424
693
151.695
369.119
693
366.068
36
ii.soo
from charitoble ortivitie5
Special collections
4.774
14,682
19,456
27,634
from other octivities
Gift Aid tax refunded
Othèr income
51.146
37,826
31.756
17.146
82.902
54.972
79,080
25.956
from inVeStn￿nts
Investment income
61
Total income
316.863
215.279
532.142
510.33S
EXPENDITURE
roisingfvnds
Promotional costs
1.150
1.150
on charitable artiwl
Employee costs
Premises cost5
Travel and training costs
General administration costs
Programme costs
147,454
43,374
6,989
6,980
71.369
148.054
71.063
7.107
6.980
202.978
135,041
51,152
12,085
S,S25
216,522
27,689
118
131,609
on other items
Legal and professional fees
Other expenses
Total resources expended
2.875
1.641
281,832
2.875
io.c
3.102
11.353
8,359
168.375
450,207
434.780
Net in¢omlng I lout8oingl resour
Depreciation
Transfers between fvnds
35,031
12.7001
130,3761
46,904
81.935
12.7001
75.555
30,376
Net movement in funds
1.955
77,280
1194,5201
1117.2401
79.235
75,555
Fund balances brought hvd at lstjanuary
Fund balances carried fwd at 31st December
2,074.873
1.880,353
1,804,798
2,076.828
1.959.588
1,880.353
The statement of financial activities includes all gains and losses in the year.
The notes on pa8es 12 to 18 form part of these financial statements.
Diamond Chartered kcountsntsand Reo#eredAuditor
Skillen SInC￿1r HO￿ 891101 Roy4lAveiiUÈ
BelfAstBTI IFE
Page 9 of 18

(* , Bloomfield
PRESBYTERIAN CHURCH
TO KNOW JESUS AND SHAAE HIS LOVE
Statement of Finanaal Position (Balance Sheet)
as at 31st December 2023
2023
2022
Notes
NON CURRENf ASSETS
Tangible assets
io
2.(M)4.055
1.995.955
2.004.055
1.995.955
CURREIU ASSETS
Receivables
Cash and cash equivalents
li
137.902
137.902
117,8401
120.062
173,542
173.542
117,8401
155,702
PAYA8LES.' amounts falling due vrrithin one year
NET CURRENT ASSETS
12
PAYABLES-. amounts falling after more than one year
12
1164.5291
1271,3041
TOTAL ASSETS LESS CURRENf UA6iunES
1.959.588
1,880,353
THE FUNDS OF THE CHARITY
Unrestrirted incomefvnds..
General funds
Asset holding fund Idesignatedl
15
Is
72.773
2.LW.055
78,920
1.995.955
1076.828
2.074,875
Restrirted incomefvnds..
Benevolent Fund
Building Fund
Czech Fund
Hungary Fund
Missionary Fund
Malawi Fund
Moderators Appeals Fund
Moldova Fund
Parallel Project Fund
Property Fund
TearFund Fund
15
15
15
15
15
15
15
15
15
Is
15
1.724
1164,7041
191
1.474
1235,3321
21,316
14,136
2.394
21.839
3,904
21.007
289
TOTAL FUNDS
1.959.588
1,880,353
The notes on pages 12 to 18 fomi part of these financial statements.
The financial statements on pages 3 to 18 We￿ approved by the Trustee5 on 19th March 2024 and si8ned on their behalf by..
Rev Frank Sellar
Minister
Rebetta Foster
Treasurer
Dlathond &SWME
Diamond ChaMÈred A￿vUll￿nI5and Rets¢rtdAudlt4r
Skillen SiTr¢&ir House. 891101 NO￿A¥t￿￿t
Pelfast8TI IFE
Page 10 of 18

. Bloomfield
PRESBYTERIAN CHURCH
TO KNOW JESUS AND SHARE HIS IOVE
Statement of Cash flows
for the year ended 31st Marth 2023
2023
2022
Notes
16
17
io
Net cash inflow I loutftowl from operating a¢tFVtties
Returns on investment
Capital expenditure
(Decrease l in￿ease in cash and cash equivalents for the year
124.840)
189,9101
61
110,8(M)I
135.6401
189,8491
Reconciliation of net cash flow to movement in net funds
IDecreasel/ increase in cash for the year
Net fund5 at 1st January 2023
Net fvnd5 at 31st December 2023
{35,6401
173.542
189,849
263,391
173.542
137.902
The notes on pages 12 to 18 fomi part of these financial statements.
Diamond ChirttredAr￿￿rntsThts1￿d ReooÈrtdAudittir
Skillen sinclAirHau*Bg1IOI Boy￿AvErtIJ￿
BElfast wri IFE
Page 11 of18

' Bloomfield
PRESBYTERIAN CHURCH
TO KNOW JESUS AND SHARE HIS LOVE
Notes forrning part of the Fin￿￿al Statements for the year ended 3tst December 2023
Accounting Polioes
The principal accounting policies adopted, judgements and key sources of estimation Lsncertainty in the preparation of the
financial statements are as follows-
Statement of compliance
The financial statements are prepared in accordance with Accounting and Reporting by Charities.. Ststement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 1021 leffectsve from 1st January 20151- (Charities SORP
IFR510211, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act
2006 lin50far as this applies to the Charityl.
Bloomfield PresbytefiJn Church meets the definition Df a public benefit entity under FRS 102. A55ets and liabilit4e5 are
initially recognised at historical cost or transaction value unle55 Otherwise stated in the relevant accounting policy notelsl.
Reconuliation with pre¥ii>usly Generally Accepted Accounting Pr•¢tice
In preparing the accounts, the Trustees have considered whether in applying the accounting policies required by FRS 102
and the Charitie5 SORP IFRS 1021 the restatement of comparative item5 was ￿quIred.
No restatements were required.
PreparatiM of the accounts ryi a going concern basis
The Trustees are of the view that as the reserves of thè chartty are within the requirement of the chariV5 reserves policy,
the immediate future of the charity for the next 12 to 18 month5 15 secure and on that ba515 the charity is a going concern.
Revenue
Items of revenue are recognised and included in the accounts when all of the following criteria are met..
the charity has entitlement to thè funds-
any performance Conditions attached to the itemlsl of revenuè have been met or arè ful￿ within the control of the
charity,.
it is probable that the revenue will be received. ond
the amount can be measLtfed reliably
Revenue received in advance of the provision of a specified service is deferred until the criteria for revenue recognition
are met.
Grants receivoble
Grants receivable which relate to the year are credited to revenue wtthin the Statement of Financial Activities, with
unspent balances being carried forward to subsequent years within the relevant fund.
Specific debts are recognised Whe￿ approved grant expenditure exceeds grant revenue received to date.
Grant revenue relating to future periods is carried forward under payables.
Intertst Y￿e1¥able
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.
Fund accountin8
General funds are unrestricted lunds whith are available for use at the discretion of the Trustees in furtherance of the
general objective5 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.
Restrictèd funds are funds which arè to be used in accordance with specific restrictions imposed by donor5 or which have
been raised by the charity for particular purposes. The costs of administering such fund5 are charge5 against the specific
fund. The aim and use of each restricted fund is set out in the notes to the financÉal statements.
Investment income and gains are allocated to the appropriate hjnd.
Diamond Ch4rtettdkncountantsandkop*End Auditor
Skillen 51nc￿lrHo￿￿. 89/IQL RoWAvenuE
B¢lfastFfi IFE
Page 12 of 18

(*" Bloomfield
PRESBYTERIAN CHURCH
TO KNOW JESUS AND SHARE HIS LOVE
Notes forming part of the Finanaal Stalements for the ye4V ended 31st December 2023 Iconydl
Expenditure
Expènditure is recognised once there is legal or constructive obligatton to make a payment to a third party, it Is probable
that settlement will be required and the amount of the obligation can be MeasU￿d reliably. EXpendIttJ￿ is classified
under the following activity headin8S=
Expenditure on raising funds COrnPTises the costs Df marketing and promoting the charity and its activities,.
Expenditure on charitable activities ir*cludes the direct Costs allocated to the performance of activities undertaken to
further the purp05e5 of the charity and thetr associated support cost5.'
Expenditure on other Ttems represents those item5 not falling into any other heading.
Nt)n Current Assets (Fixed A55etsl
Fixed Assets are stated at cost less accumulated depreciation. The costs of minor additions or th05e c05ting below £5,000
are not capitalised. Depreciation is provided at rate5 caltulated to write off the c05t less residual value of each asset over
its expected vsefvl Isfe. which in all cases is estimated at 4 yea￿.
Receivables
Trade and other receivables are recognised at the settlement amount dye after any trade discount offered. Prepayments
a￿ valued at the amount prepaid aftertaking account of any trade discounts due.
i.io
Cash and cash equivalents
Cash and cash equivalents includes bank deposits, cash and Short temi highly liqijid investments with a short maturity of
three months or le55 from the date of acqui51tion or opening of the deposit or similar account.
i.ii
Payables and pro¥isiMs
Payable5 and provisions are recognised where the charity has a present oblisation resultin8 from a past event that will
probably result in a transfer of funds to a third party and the amount due to settle the obliÉation can be measured or
estimated reliably. Payables and provisions are nornially rec¢)4nised at their settlement amount after allowing for any
trade discounts due.
1.12
Transition to FRS 102
The tran51tion date wa$ 1stJanuary 2016.
There was no requirement to restate any comparative balances in making the tran51tion to FRS 102.
Legal status of the charity
Bloomfield Presbyterian Church 15 a Congregation of the PreSby￿￿4fi Church in Ireland. It is a tharity registered in
Northern Ireland no. NIC104554.
Diamond (￿rt*redAC¢oUn1jThts9Tr] R¢o¥ÈrtdAudknr
Skillen S&ncLiirH￿￿5% 89IIUI Roya]A¥enut
BvlFastFri IFE
Page 13 of 18

Bloomfield
PRESBYTERIAN CHURCH
TO KNOW JESUS AND SHARE HIS LOVE
Notes formin8 part of the Finanual Statements for the year ended 31st December 2023 Iconf dl
INCOME
Unrestricted
Funds
Restricted
funds
Totals
2023
Tota15
2022
from donotions ondlegacie5.'
Recorded giving
Loose collections
Grants
Legacies
Building Fund donations
Building Fund grants
Le8aue5
209,030
8.394
693
145,305
6,390
354,335
14,784
693
355,893
10,124
36
11,500
50
5LKI
from thoritoble ortivities..
Special collections
4.774
14.182
18.956
27.634
from otheractivities."
Gift Aid tax refunded
Income from Church events
Church Weekends
Salelrentals of book5, DVDS etc..
Publications
InsLbrance claims
Flower fund
Rental income
Other income
51,146
31.756
82.902
79.080
1.206
5,249
514
1.249
5,265
593
1.160
5,265
593
1.160
2.480
760
760
8.748
35.966
570
4,943
12.226
8.748
5.918
from investments..
UK bank interest received
61
316.863
215.279
532.142
510.335
Dlawalld&MleD
Diamond charteredA(￿UrtL7ThtsIThd Re09￿dA￿d
Skillen Sinclair Hou5e.891101 RoyalA¥enue
Belfast￿1 LFE
Page 14 of18

, Bloomfield
PRESBYTERIAN CHURCH
TO KNOW JESUS AND SHARE HIS LOVE
Notes f¢rmin8 part ol the Financial Statements for the year ended 31st De¢ernber 2023 {conVd)
EXPENDITURE
Unrestricted
Funds
Restrirted
funds
Totals
2023
Totals
2022
on misingfunds."
Promotional expenses
1,150
1.150
on choritable activities."
Employee c05ts.'
Wages and salaries
Minister, A551Stant & Associate expenses
Employer pension contributions
Premises andinsurance cort5.'
Rates and Water Rates
Insurance
Heat and light
Repairs and Property projerts
New annex and refufbishment
Cleaning materials
Tmel and tralning c05ts."
Training
Minibus expense (see belowl
General odminisrrotion C05ts.'
Printing, postsge and stationery
Telephone. computer and tnternet
Programme costs..
Charitable distributions
Outreach work
Ministerial Duties Alowances
PCI Assessments & Presbytery fees
Worship resoufCÈS
Action team disbursements
Church events and sundry costs
Church magazines and literature
124,526
9.552
13.376
125,126
9.552
13.376
111,510
10,401
13,131
3.037
8.088
29,967
162
3.037
8.088
29.967
27.851
2,870
7.366
18,909
13,041
6,645
2,321
27.689
2.120
2,120
5.120
1.869
5,120
1.987
4,874
7,211
118
3,933
3.047
3,933
3,047
1,858
3,667
5.405
12.383
2.434
20.603
31x1
1.21x1
25,885
3.159
114.206
119.611
12.383
2.434
20.603
3fy)
131,535
27,731
20.191
1.791
14,480
2,923
28.808
3.159
30.771
4.502
on other items..
Legal andproft5sionalfee&'
Audit fees
Other governance costs
Other expenses..
Bank Charges
Bank loan interest
Sundry expenses
2,840
262
35
35
1.641
1.641
8,359
1.377
9,976
8.359
281.832
168,375
450,207
434,780
The minibus wus lurgety tsnu5ed durin9 the covidpundemK/knkdown period ond requiredmsjor work5 to moke it roodworthy. The cost
of fI￿Se work5 wos£5.432 and this omounti5 indudedin the mffiibusexpensesfvr2022 01£7,211 notedobove.
Diamond Chartrred kcouthtantsand RetserodAudit4>r
'+Skillen SInC￿1r House. 591101 RD)7lAvuLIE
Eelf4stPTL IFE
Page 15 of18

' Bloomfield
PRESBYTERIAN CHURCH
TO KNOW JESUS AND SHARE HIS LOVE
Notès fotm*ng part ol the Financial Statements for the year ended aist December 2023 {conVd)
Staff costs and nurnbers
Unrestricted
Funds
Restricted
funds
Totals
2023
Totals
2022
Wages and salarie5
Employers National Insurance
Pulpit supplv
Pension contributions
Employee expenses
115.377
8.312
837
13.376
9.5S2
147.454
115,377
8,312
IA37
13,376
9,552
148.054
103,986
6.574
1,050
13.131
10.401
135,142
600
600
Net intomin8 res{￿rceS for the year
Unrestricted
Funds
Restrirted
fund5
Totals
2023
Totals
2022
Netffncoming resources ore stated after chorging.-
Auditorfs rernuneration
2,840
Trusteè remuneration and Related Party Tr•sacti{￿S
The total amount donated to the Charity Wlthout conditions from trustees and officer Iprirnary related parties) and
secondary related parties wa5 £116.46312022.. £119.5481.
No trustee received any remuneratiorb as a result of their Trusteeship of the Charity.
Three Trustees were employed by the Charity and received reimbursement of cwt-of-pocket expenses during the year
12022.. 41. The details are as follows..
Rev Frank Sellar- Employed as Minister of the Congregation- Salary £45,723- Expenses £565
Michael Stoneman- Employed as Youth Worker- Salary £29,525- Expensès £360
Brian McNarry- Employed as Musical Director Ipart-timel- Salary £8,330- Expen5e5 £500
No other trustee or other person connerted to the charity had any personal interest in any contract or tran5artion
entered into by the charity during the year12022- Nill.
Taxation
As a charity, the Church is exempt from tax on income and gains falling within sertion 505 of the Taxes Art 1988 or 2256
of the Ch3rgeable fjains Act 1992 to the extent that these are applied to its charitable objects. No tax charges havÈ arisen
in the Charity.
Tran￿er5 between the funds
Unrestritted
Funds
Restricted
funds
Totsls
2023
Totals
2022
Transfer from General Fund to Parallel Project Fund
20,000
Albrut￿OIfvrtd1 tosuppltmentthÈPornltrtPmKttApnd
I20,(K￿l
Transfer from General Fund to Property Fund
15,3761
5,376
Transfer from General Fund to Building Fund
15.OthJl
Transfer from Mission Fund to Czech Fund
13.8801
3.880
130.3761
30,376
Diamond
Page JO of 18
CharttredA((ountantsand PwlredA￿Iknr
Skillen sI￿aIr Hou5e.891101 %oyalAvenue
BÈlfall BTI IFE

' Bloomfield
PRESBYTERIAN CHURCH
TO KNOW JESUS AND SHARE HIS LOVE
Notes form¢n8 part ol the Finanaal Ststements for the year ended 31st Decernbu 2023 {conVd)
io
Tangible FI￿d A55ets
Land
Furniture,
fixtures &
fittings
buildings
Totals
C05t
At 1st January 2023
Additions
1.995,955
1,995,955
10,800
l(K)6.755
10,800
10.81
At 315t December 2023
1.995.955
L)epre¢i•ti
At 1st January 2023
Charge for year
At 31st December 2023
2.700
2.700
2,700
2,7
Net Book Value
At 31st December 2023
1,995,955
8.100
2m4,055
At 31st December 2022
1.995.955
1.995.955
li
Recetvables
Totals
2023
Totals
2022
Prèpayments and accrued income
12
Payables
Totals
2023
Totsls
2022
Accruals
Arnounts falling due within one year Ishort term loans)
Amounts falling due after more than one year (Building Loans)
2,840
15.000
271.304
289.144
15,000
164.529
182.369
13
Analysis of tharity net asset5 between fvnds
Unrestricted
funds
Restrirted
funds
Totals
2023
Non Current Assets
Current Assets- recetvables
Current As5ets- cash and cash equivalents
Payable5
2.004.055
l(M)4.055
75.613
12.8401
2,076.828
62,289
1179.5291
1117,2401
137.902
(182.3691
1.959,588
14
Flnancial Commitments
At 31st December 2023 the charrty has no annual commitments Under non-cancellablè leases nor any other financial
commitments that are not recognised in the accounts 12022= £nill. Bloomfield Presbyterian Church has entered into a
number of lon8 term contracts for the supply of seryices all of which are cancellable
IMaTAoBd*SWlteO
Diamond CharterEdALcountsntsaL%4 RtVXeTedAudfvor
Page J7of 18
&& Skillen
5ind31r Hou5e.891IOI RO￿AVE[l
BtlkrtÉrri IFE

(*, Bloomfield
PRESBYTERIAN CHURCH
TO KNOW JESUS AND SHARE HIS LOVE
Notes forrning part of the ￿nanCial Statemeftts for the year ended 31st December 2023 Iconydl
15
Statement of Funds
At
lJan23
Incoming
resources
Outgoing
resources
Asset
Recognstion
At
31 Dec23
Transfers
General reserve
Asset holding fund
Total unrestrlcted fund5
78.918
1,995,955
316.863
1281.8321
12,7001
1284.5321
110.8CK)I
10.8(K)
130.3761
72.773
Z,004.055
2m4,873
316J63
130.3761
2,076.828
Benevolent Fund
Building Fund
Qech Fund
Hungary Fund
Malawi Fund
Mission Fund
Moderators Appeal Fund-.
World Development Appeal
Moldova Fund
Parallel Project Fund
Property Fund
TearFund Fund
1.474
1235.3321
250
75.679
10.791
1.21M)
360
78.788
1.724
1164.7041
191
iio.osii
114.4801
11.2CKII
I3(￿)}
167,7281
3.880
14.136
13.8801
2L316
I6.(￿)
17.S941
119.1681
125.9971
115,7931
1168,3751
6.084
2.394
21.839
21.007
289
20,(KX)
5.376
20.332
15.793
Total restricted lunds
1194.5221
215.281
30.376
1117.Z401
Totsl funds
IW&.351
532.144
1451.90
1.959.$88
The general reserve represents thefreefunds of the chority which ore not designotedforparticulurpurposes.
16
Reconoliation of than8es in resources to net cash inflow from operating artivities
2023
2022
Net incoming I loutgoingl resources before investment income
Ilncrea5el I decrease in receivables
IDecrea5el l increase in payables
Net cash inflow l {outhowl from operating artivities
81.935
75,494
1106.7751
124.8401
1165,4041
189,9101
17
Ileturns on investment
2023
2022
Interest from UK Sources
Going concern
The Trustees consider that the charity has sufficient funding in place to continue its operations in the near future and thus
deem the use of the 8oin6 concern basi5 to be appropriate.
19
Disclosure of relevant arcumstances
In common with many other charities of our size and nature we use our auditors to..
prepare and submit applicable retums to the tax authorities'ond
assist with the preparation of the financial statements. ond
provide consultancy service5 when requested.
20
Deficit on Building fund (restricted)
Thè charity is carrying a net defECIt of £164,70412022.. deficit of £235.3321 on the restricted Building fund. The Kirk Session
consider that the on8oing donations receivable to this fund give them a realistic expectation that future income will be
received to cover the shortfall whith is at 31st December 2023 finan￿d by loans of £115,000 and £64.529.
Diamond
DlatyOnd&S￿l1Ekn
Chartered hLcountsntsaThl ReystTEdAudll
'+ Skillen Sljdalr Hou5e.891101 HoyaiAvEIIUv
B¢llastKI LFE
Page 18 of18