an
FIRST DONEGORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
srATEMENT OF FINANCIAL AcfiviTY
for the year ended 31 December 2023
Note Unrestrirted
Funds
Restrirted Endowment
Funds
Funds
Total
2023
Total
2022
Income from:
Donations and legacies
Charitable activities
Other trading activities
Investment Income
Other
93,588
60,773
5,155
2,154
1,986
154,361
5,155
2,548
4,084
319
132,231
4,064
1,025
428
715
394
2,098
319
Total Income
96,399
70,068
166,467
138,463
Expendlture on:
Raising funds
Cha rlta ble activltles
Other
(544)
1100,391}
(8,1981
(544)
{5441
(174,108) (146,5871
18,198)
(8,198)
(73,717)
Total Expendlture
(109,133)
(73,717)
(182,850) (155,329)
Net Income /
(Expenditure)
Transfers between funds
{12,734)
(3,649)
(16,383) (16,886)
116
(116}
Net movement In funds
Funds brought forward
{12,618)
472,028
13,765)
164,854
(16,383) (16,886)
645,221
662,087
8,339
Funds carried forward
16
459,410
161.089
8,339
628,838
645,221
13

an
FIRST DONEGORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
BALANCE SHEET
As at 31 December 2023
Note
2023
2022
Flxed Assets
Tangible Fixed Assets
Total flxed assets
12
249,248
249,248
257,446
257,446
Current Assets
Debtors
Cash and cash equivalents
Total current asset5
13
14
43,543
339,197
382,741
36,952
352,348
389,300
Credltors- amount5 fallln8 due wlthln one year
Accruals
15
3,150
3,150
1,525
1,525
Total creditors
Net Current Assets
379,591
387,775
Total net Assets
628,839
645,221
Funds of the charlty
Unrestricted funds
General funds
Total unrestritted funds
Restrlrted Funds
Endowment Funds
16
459,408
459,408
161,092
8,339
472,028
472,028
164,854
8,339
16
16
Total charlty funds
628,839
645,221
The financial statement5 have been prepared in accordance with Accountlng and Reporting bycharities.. 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 IFRS 1021- (Charities SORP {FRS 1021). They have
been approved by th Kir&￿eSSion on (enter datel and signed on its behalf
Joh
Mccullagh
Michael McKinstry
23, May 2024
23,° May 2024
14

an
FIRST DONEGORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
I. ACCOUNTING POLICIES
BASIS OF FINANCIAL sfATEMENT5
The financial statements have been 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)- (Charities SORP
(FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021.
The church meets the definition of a public benefit entity as defined in section 34 of FRS 102. Assets and
liabilities are initially recognised at historical cost and transaction value unless Otherwise stated in the
relevant accounting policy note{s),
FUNDACCOUNTING
Endowment funds are funds, the capital of whlch must be retained either permanently or at the
congregatlon's discretion; the income derived from the endowment is to be used either as restricted or
unrestricted income funds depending upon the purpose for which the endowment was establlshed in
the first place.
Restricted funds comprise (a) income from endowments whlch is to be expended only on the restricted
purposes intended by the donor and Ibl revenue donations or 8rants for a specific congregational
activity intended by the donor. Where these funds have unspent balances, interest on their pooled
investrnent is apportioned to the individual funds on an average balance basis.
Unrestricted funds are income funds whlch are to be spent on the congregation's general purposes.
Designated funds are general funds set aside by the con8re8ation for use in the future.
INCOMING RESOURCES
Recognltlon of Incomlng resources
These are included in the Statement of Financial Activities (SOFA) when:
The congregation becomes entitled to the resources;
It is probable that the funds will be received; and
The monetary value can be measured with sufficient reliability.
15

an
FIRST DONEGORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
I. ACCOUNTING POLICIES (cont'd)
Incomlng resources wlth related expendlture
Where incoming resources have related expenditure (as with insurance proceeds) the incoming
resources and related expenditure are reported gross in the SOFA.
(iii) Grants and donatlons
Grants and donations are only included in the SOFA when the congregation has unconditional
entitlement to the resources.
(Iv)
Tax reclaims on donatlons and glfts
Incomlng resources from tax reclaims are included in the SOFA at the same time as the gift to whlch they
relate.
(v)
Contrartual Income and performance related grants
This Is only Included in the SOFA once the related goods or ser4ices have been delivered,
Glfts In klnd
Gifts in kind are accounted for at a reasonable estimate of their value to the charlty or the amount
actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold
or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incomin8
resources when receivable.
(vll) Donated servlces and facllltles
These are only included in incoming resources (with an equivalent amount in resources expended)
where the benefit to the charity is reasonably quantifiable, rneasurable and material. The value place on
these resources is the estimated value to the Charity of the service or facility received.
(vlii) Investment Income
This is included in the accounts in the period to which it relates.
Investment galns and1055es
This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing
investments to market value at the end of the year.
16

an
FIRST DONEGORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'dj
31 December 2023
I. ACCOUNTING POLICIES (cont'd)
EXPENDITURE AND LIABILITIES
Llablllty recognltlon
Liabillties are recognised as soon as there is a legal or constructive obligation committing the
congregation to pay out resources.
Governance costs
These are shown within charitable activities and include the costs of preparation and examination of
accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or
constitutional matters.
(111) Grants wlth perforrnance condltlons
Where the charity gives a 8rant with conditions for it5 payment being a speclfic level of seNice or output
to be provided, such grants are only reco8nised in the SOFA once the recipient of the 8rant has provided
the specified service or output.
Grants payable wlthout performance condltlons
These are only reco8nised in the accounts when a commitment has been made and there are no
conditions to be met relatin8 to the grant which remain in the control of the charitv.
Support costs
Support costs Include central functions and have been allocated to activity cost categories on a basis
consistent with the use of resources, e.g. allocating property costs by floor areas, or pér capita, staff
costs by the time spent and other costs by their usa8e.
17

an
FIRST DONEGORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
I. ACCOUNTING POLICIES (cont'd)
ASSETS
Tanglble Flxed Assets
Tangible fixed assets for use by the charity are capitalised if they Can be used for more than one year,
and cost at least £2,000. They are valued at cost, or if gifted, at the value to the charity on receipt,
Depreciation is recorded on all tangible assets other than freehold land, at rates calculated to wrlte of
the cost, less estimated residual value, of each asset over its expected useful life as follows,,
Buildlngs:
over 50 years
In accordance with FRS102, assets under construction are not depreciated until such times as they are
available for use.
Investments
Investments quoted on a recognised stock exchange are valued at market value at the year end. Other
investment assets are included at trustees, best estimate of market value.
18

an
FIRST DONEGORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
2. DONATIONS AND LEGACIES
Unrestricted
Funds
Restrlcted Endowment
Funds
Funds
Total
2023
Total
2022
Recorded giving:
L005e collections
Donations and gifts
Gift Aid
Legacies and bequest
75,801
1,147
16,640
13,225
38,067
9,481
89,026
39,214
26,121
90,007
20,538
21,686
93,588
60,773
154,361
132,231
3. CHARITABLE ACTIVITIES
Unrestrlcted
Funds
Restrlrted Endowment
Funds
Funds
Total
2023
Total
2022
Income from charitable activities
Fees from weddings and funerals
Fundraising events
Membershlp fees
Grants
2,055
2,055
379
2,185
1,500
3,100
3,100
5,155
5,155
4,064
4. OTHER TRADING ACTIVITIES
Unrestritted
Funds
Restrlcted Endowment
Funds
Funds
Total
2023
Total
2022
Trading income
394
2,154
2,548
1,025
394
2,154
2,548
1,025
19

an
FIRST DONEGORE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
5. INVESTMENT INCOME
Unrestritted
Funds
Restrirted
Funds
Endowment
Funds
Total
2023
Total
2022
Deposit interest
2,098
1,986
4,084
428
2,098
1,986
4,084
428
OTHER INCOME
Unrestrlrted
Funds
Restrlcted
Funds
Endowment
Funds
Total
2023
Total
2022
Other income
319
319
715
319
319
715
RAISING FUNDS
Unrestrlrte
d Funds
Restrlcted Endowment
Funds
Funds
Total
2023
Total
2022
FWO envelopes
Fundraising events
544
544
544
544
544
544
20

an
FIRST DONEGORE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
310ecember 2023
CHARITABLE ACTIVITIES
Unrestrlcted
Funds
Restrlcted Endowment
Funds
Funds
Total
2023
Total
2022
General Assernbly Assessment5
Presbytery fees
Ministry and support CQSts (Note
10)
16,492
1,270
60,200
16,492
1,270
60,200
15,777
1,272
49,061
Congregational runnlng expenses
Donations to Missions and
charities
Governance costs
21,929
40,115
33,602
62,044
33,602
53,979
26,078
500
500
420
100,391
73,717
174, 108
146,587
OTHER EXPENDITURE
Unrestrlcted
Funds
Restrlrted Endowment
Funds
Funds
Total
2023
Total
2022
Depreciation
8,198
8,198
8,198
8,198
8,198
8,198
21

an
FIRST DONEGORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELANO
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
10. EMPLOYEES
Employment Costs
Total
Funds
2023
Total
Funds
2022
Ministers Stipend
Ministers Allowance
Wages and Salaries
Employers National Insurance
Social Security Costs
Other cost5
35,091
8,126
13,076
3,699
33,420
7,310
4,514
3,545
208
272
60,200
49,061
Number of Ernployees
The average number of employees, Including the minlster of the con8regation, expressed as full time
equivalents, durin8 the year was.
Total
2023
Total
2022
Average number of employees
There were no employees in receipt of employee benefits in excess of £60,000.
22

an
FIRST DONEGORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
11. PENSION COSTS
The minister of the congregation is a member of the Presbyterian Church in Ireland Pension Scheme
(2009). This is a scheme operated by the Presbyterian Church in Ireland, a separate re8iStered charity.
The congregation pays an assessment to the Presbyterian Church in Ireland equlvalent to the employerfs
pension contribution for the Scheme and based on the stipend paid to the minister. The pre$b￿erlan
Church in Ireland Pension Scheme (2009) is a funded Scheme of the defined benefit type, providing
defined benefits based on career average revalued salary. The Scheme has assets held in a separately
adminlstered fund managed by a board of trustees. The Presbyterian Church and the Scheme Trustees
have agreed a funding plan to ensure the Schemè Is sufficiently funded to meet current and future
obligations.
The contributions made by the congregation during the year were.
Total
Funds
2023
Total
Funds
2022
Contributions
8,422
8,021
23

an
FIRST DONEGORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE AccouKfs (cont'd)
31 December 2023
12. TANGIBLE FIXED ASSETS
Land &
Buildings
Total
Cost
At beglnnin8 of the year
Additions
Dlsposals
At end of the year
415,885
415,885
415,885
415,885
Depreclatlon
At beginning of the year
Depreciation
Disposals
At end of the year
158,439
8,198
158,439
8,198
166,637
166,637
Net book value at beglnnlng of the year
Net book value at end of the year
257,446
249,248
257,446
249,248
The main church is a Ilsted building, therefore has been treated as a heritage asset, and not included in
5t
the accounts. The main church is fully insured for a value of £974,829, as at 31 October 2017.
13. DEBTORS
2023
2022
Gift Aid Recoverable
Accrued Income (IR 22123 PAYE
&so)
40,528
15,805
3,015
43,543
21,147
36,952
24

an
FIRST DONEGORE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
14. CASH AT BANK AND IN HAND
2023
2022
Cash at Bank
Cash in Hand
338,861
338
339,199
342,573
252
342,824
15. CREDITORS
2023
2022
Accruals
3,150
3,150
1,525
1,525
25

an
FIRST DONEGORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOU NTS (cont'd)
31 December 2023
16. FUND BALANCES
Fund
Balance at
start
Recelpts
Payment
Surplus1
{Deflclt
Transfer Balance at
end
Unrestrfcted Funds
General Revenue
472,028
96,396 1109,133) (12,621)
116
459,407
472,028
96,396 1109,1331 {12,6211
116
459,407
Restritted Funds
Property/Building Fund
United Appeal
General Missions Fund
World Development
Children's Society
Chrlstlan Aid
Earl Haig Fund
Other charitable objects
Harvest Appeal
From Church Organisations
Sunday School
Presbyterian Women
Youth Fellowship
Friendship Club
Boys Brigade
Girls Brigade
Bowling Club
JUMP Youth Club
Mothers & Toddlers
144,919
1,103
8,998
13,786
6,730
13,513
1,030
1,666
5,413
124,949) 111,287)
16,980)
(243)
16,160)
5,295
11,030)
{1,666)
(5,4131
1501
(17,6421
1124)
133,632
860
14,293
12,058)
50
17,642
(820)
(4631
12291
820
473
18201
291
1, 105
18
1,076
1,078
3,457
1,339
1,161
309
10
483
301
1,588
18
1,076
2,189
4,386
1,298
1,142
309
1,532
3,446
4,893
420
14,160)
13,975)
{1611
1191
I,iii
929
1411
1191
1,825
11
13001
164,854
70,071
173,717)
13,7621
11161
161,092
Endowment Funds
Investments
8,339
8,339
8,339
8,339
Tot31
645,221
166,467 {182,850) 116,383)
628,838
26