G-reystone Road Congregation of the Presbyterian Church in Ireland Financial Statements for the year ended 31st December 2024 Corrigan CA Limited 24 Greystone Road Antrim BT412QN
Greystone Road Congregation of the Presbyterian Church In Ireland LEGAL AND ADMINISTRATIVE INFORMATION Tru5tee5.' Rev. Chris Wilson Mr. David Beatty Mr Leonard Brereton Mr Samuel Stephen Brown Mr Roy Browne Mrs Irene Lutton Mr Graeme Oliver Lutton Mr David Lyttle Mr David Robertjames Mageè Mr David Mccabe Mr Richard Alexander Rutherford Mrjohn James Warwick Mr Mark Wilson Charity Number.. 104869 Addre55.' 56 Greystone Road Antrim BT41 IHX Independent Examlner.. Mrs A Harbinson, FCA Corrigan CA Limited 24 Greystone Road Antrim BT412QN
GREYSTONE ROAD CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT Trustees Annual Report and Financial Statements for the year ended 31st December 2024 Registered Charity in Northem Ireland (NIC 104869) The Trustees present their Annual Report and Financial Statements for the year ended 31 December 2024 including a Statement of Assets and Liabilities as at that date. REFERENCE AND ADMINISTRATIVE DETAILS Greystone Road Congregation of the Presbyterian Church in Ireland 56 Greystone Road, Antrim, BT41 IHX Registered Charity in Northern Ireland (NIC 104869} CHARITY TRUSTEES The Charity Trustees who served during the year or who were trustees at the date of this report were:. Mr. David Beatty Mr5. Irene Lutton Mr. Winston Booth (resigned Sept 2024) Mr. Graeme Oliver Lutton Mr. Leonard Brereton Mr. David Lyttle Mr. Samuel Stephen Brown Mr. David Robert James Magee Mr. Roy Browne Mr. David Mccabe Mr. James Morrison CaRrns (resigned Sept 2024) Mr. Richard Alexander Rutherford Mr. John Crawford {Elder Emeritus retired Nov 2024) Mr. John James War4vick Mr. Wilfred Anderson Crawford (deceased May 2024) Mr. Mark Wilson Rev. Chris Wilson PRINCIPAL OFFICE BEARERS Minister Rev. Chris Wilson Clerk of Session Mr. John James Warwick Treasurer Mr. Richard Alexander Rutherford
GREYSTONE ROAD CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT INDEPENDENT EXAMINER Mrs Amanda Harbinson, FCA Corrigan CA Ltd 24 Greystone Road Antrim BT412Q BANKERS Danske Bank. 42, High Street Antrim BT414AP SOLICITORS Anderson Gillan Barr Ltd 32 Church Street Antrim BT414BA
GREYSTONE ROAD CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT STRucfuRE AND MANAGEMENT The Kirk Se55ion The charity trustees of the congregation are the member5 of its Kirk Session. Under the congregation's governing document, The Code, the book of the constitution and government of the Presbyterian Church in Ireland, the Kirk Session seeks to watch over and promote the spiritual interest of the congregation and of persons not connected with any congregation who are within its bounds. It ensures pastoral care is in place in the congregation and seeks to further the contribution of the Church to Christian witness and service in the local community. The Kirk Sessions has delegated to its Congregational Committee the temporal affairs of the congregation including administering all funds and property belonging to the congregation. Members of the Kirk Session are ex-officio members of the Congregational Committee. The Kirk Session consists of the ordained minister and the ruling elders of the congregation. All members are entitled to propose, Speak and exercise equal votes at meetings, except that the Moderator. the minister in active duty in the congregation, has no deliberative but only a casting vote. Stated meetings of the Kirk session are held every other month. To be chosen for the office of the eldership in the congregation a person must be a voting member and a regular attendant on its ordinances. The selection of those proposed to be called to the office can be either by the congregation or by the Kirk Session. Members are elected if they obtain two-thirds of those who vote. Presbytery Under the Presbyterian Church in Ireland form of governance the corporate oversight of a congregation is the responsibility of a Presbytery which superintends generally the spiritual and temporal affairs of the congregations assigned to it by the General Assembly of the Presbyterian Church in Ireland. Greystone Road congregation of the Presbyterian Church has been assigned to the Templepatrick Presbytery of the Presbyterian Church in Ireland. The membership of the Presbytery consists mainly of the artive ministers of congregations assigned to it by the General Assembly, ministers who have retired from active duty and an elder appointed by the Kirk Session of the congregation.
GREYSTONE ROAD CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT The General Assembly The General Assembly is the supreme court of the Church, representing in one body the whole Church and acting as its supreme legislative, administration and judicial authority, in dealing with all matters brought before it. The General Assembly is normally constituted during the first week in June for worship and to conduct its business. At the end of business it is dissolved. The membership of the General Assembly consists mainly of the active ministers of each congregation, retired ministers and a representative elder appointed by the Kirk Session of each congregation. DESCRIPTION AND PURPOSE The charitable purpose of the congregation is the advancement of religion. Greystone Road congregation of the Presbyterian Church is a congregation of the Presbyterian Church in Ireland. The Presbyterian Church in Ireland. as a Reformed Church within the wider body of Christ is grounded in the Scriptures and exists to love and honour God through faith in His Son and by the power of His Spirit, and to enable her members to play their part in fulfilling God's mission to our world. On the 31 December 2024 there were 202 communicant members, 281 families are connected with the congregation and the total attendance at morning and evening worship is approximately 245 plus those who watch online. The congregation aim5 to live out Its Mission and Vision as a family of God's people by being: A Covenant Community: where our relationships are rooted in the promises of God by living faithfully toward Him and toward one another. An Intergenerational Community: where adults intentionally take the lead to engage with, encourage and nurture younger members to maturity in Christ. An Outward lookin8 Community: where we want the blessings of God that belong to US in the gospel to become blessings for others beyond the bounds of our community. As a congregation of the Presbyterian Church in Ireland, we believe that the Bible is the Supreme authority over all we do, and that the Westminster Confession of Faith, along with the Larger and Shorter Catechisms set out what we understand the Bible teache5 on key matters of Christian faith and practice.
GREYSTONE ROAD CONGREGATIQN OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT ACTIVITIES AND OBJECTIVES The congregatTon meets for worship every Sunday and visitors are welcome to join with us. The Sacrament of the Lord's Supper is observed on several occasions during the year and all those who have been baptised and who have made a profession of faith in the Lord Jesus Christ are admitted to the Lord's Supper. The congregation holds regular bible study and prayer meetings and has a wide range of organisations including: Prime Time (Sunday School) Youth Fellowship Worship Music Team Boys Brigade Girls Brigade Christian Endeavour Fusion (Fellowship meeting for women) Thursday Club ( for those over 50) Mid week Home Groups for Bible Study and Prayer Rock Cafe Buzzy Bees (Pre Nursery School) Bowling Club MOT (Fellowship events for men) Child Protection The Designated Person for Child protection is Vivien Mcconnell. Kirk session appoints the Designated Person and they are there to provide consultation, advice and support to organisations and to the Kirk Session on matters concerning the welfare of children and young people. Worship and Prayer The congregation meets for worship each Sunday at 10:30am and alternate Sunday evening5 at 6:30pm. Three Home groups meet for Bible Study and Prayer, two meet on Thursday evenings and the other on Wednesday mornings. We celebrated communion around the Lord's Table on five occasions during the year.
GREYSTONE ROAD CONGREGATIQN OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT Mission and outreach The congregation supports the United Appeal for Mission which is a central fund of the Presbyterian Church in Ireland. This fund enables congregations to SUPPOrt the wider mission of the denomination and to do mission and outreach on a denominational basis beyond what the congregation could do on its own. The United Appeal Fund provides financial support for mission personnel at home and overseas, assists congregations with the deployment of locally based staff, enables church planting, provides grant support for the upkeep of church premises, assist with the running costs of Union Theological College, the Church's training college for ministry students, and financially support5 congregation in the areas of worship, discipleship, global mission, outreach, leadership and pastoral care. In Greystone Road we support a number of missions through finance and prayer: Tearfund; Asia Link; Middle East Reformed Fellowship; Child Evangelism Fellowship in Romania and Moldova; the Reid family working with the Maasai people in Kenya; MCCP and Destiny Academy church plant Myanmar and SU E3 schools, project. We have been blessed as a congregation to see many of our young folk actively involved in summer outreach work as well as more long term missionary work at home and overseas. Members of our congregation are involved with Antrim Food Bank and Christians, Against Poverty. Volunteers The Trustees wish to acknowledge their deep appreciation of those who give freely of their time by serving on committees, helping run our organisations, those involved with the live streaming of services together with our music teams who lead our praise. PUBLIC BENEFIT STATEMENT The Presbyterian Church in Ireland meets the public benefit requirement by providing benefit to its members and the general public by making known the Christian Gospel of the Lord Jesus Christ through the advancement of religion. The direct benefits which flow from the purposes of the Church include the gaining of an understanding in Christian beliefs as set out in the Bible and in the Church's subordinate standards (the Westminster Confession of Faith and the Shorter and Larger Catechisms) leading to spiritual and moral development and opportunities for response to Bible teaching. In turn. this framework leads to practical expressions of Christian beliefs and standards in the local community such as through the care of those in need (including the sick, disabled and bereaved).
GREYSTONE ROAD CONGREGATION OF THE PRES8YfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT Generally the above benefits are delivered locally by congregations and their members, or are facilitated through presbyteries or are organised and delivered centrally. Local delivery is facilitated by central resources in almost all cases. Public access is made known through the use of notice board5, printed material, press advertisement, websites, and social media or in other ways. The benefits are demonstrated through regular evaluation of the services and informal and ad-hoc feedback from members, their families, and members of the public. The charitable purpose of the advancement of religion does not lead to harm. The only private benefit flowing from our purpose is related to Ministers, Missionaries, Deaconesses, Irish Mission workers and Lay Agents who receive benefits as a result of their holding office or employment. However, this is incidental and necessary in order to further our charitable purpose. There are no other private benefits. The beneficiaries of this purpose are members, their families, other individuals that the Presbyterian Church in Ireland is in direct and indirect contact with, the community in which pastoral services are provided and other communities throughout Northern Ireland, the Republic of Ireland, and worldwide which benefit from our engagement with and support for both Christian and other secular organisations, charities and individual members of the public. The Kirk Session has had regard to the Charity Commission's Public benefit requirement statutory guidance. Presbytery The congregation is represented at Presbytery by our rninister and / or one of the elders. This provides an important link between the congregations and the wider struttures of the church. The representative Elder appointed this year for Greystone Road congregation is Mr. Graeme Lutton. General Assembly The minister and one of the elders are nominated to attend the meeting of the General Assembly of the Presbyterian Church in Ireland held in Assembly Buildings, Belfast. The representative Elder appointed this year for Greystone Road congregation 15 Mr. James Warwick. Property Our Church buildings and internal furnishings are kept in good condition. This year a considerable amount of lighting was changed to LED fittings and to comply with Health and Safety regulations the emergency lighting was replaced. Our elettrical switch room wa5 updated and a large amount of internal painting was carried out. This was overseen by our property convener Mr. San Higgins and his team on the property committee.
GREYSTONE ROAD CONGREGATION OFTHE PRES8YfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT Data Protection To comply with Data Protection policy the Trustees adopted our own Data protection policy which is reviewed each year this ensures that we comply with data protection law and follow good practice. It protects the rights of members and adherents, staff, volunteers and other people we have a relationship with or may need to contact. Mr. Richard Cairns is our Data Protection Officer for Greystone Road Presbyterian Church. FINANCIAL REVIEW The congregation's main source of income is members, contributions through the Weekly Freewill Offering. There were 180 contributors during the year {184 in previous year, 2023) donating a total of £169,987 (£156,020 in previous year, 2023). This increase of almost £14,000 combined with a related increase in gift aid received of almost £2,500 contributed to the significant increase in total income received during the year which rose from £216,074 in 2023 to £241.257 in 2024. An increase in fundraising activities and donations towards a planned trip to Myanmar in January 2025, including funds raised by Ballyclare Presbyterian Church, as well as increased money and grants received by church organisations accounts for the remainder of the additional receipts. Total expenditure decreased from £355,299 to £250,124, mainly due to the completion of a major refurbishment of our Manse with only the final payment being made to the contractors during 2024. Unforeseen essential elettrical work. however, was required to the church building during the year, resulting in a deficit of £16,820 in the property fund at the end of the financial year. It is anticipated that this deficit will be cleared during 2025 provided that no further essential work is required. The Elders meeting wish to have in hand an amount equal to six month5 regular expenditure as free resenies to meet future shortfalls in income and unexpected expenses. This has been achieved as the balance of free reserves as at 31 December 2024 was £134,295 {£118,996 in previous year 2023) and some of these reserves have been used to temporarily offset the additional expenditure from the property fund.
GREYSTONE ROAD CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT STATEMENT OF TRUSTEE RESPONSIBILITIES The Trustees are responsible for preparing the annual report and the financial statements of the congregation in accordance with applicable law and generally accepted accounting practice. As the congregations total income does not exceed £250,000, the Trustees have elected under Section 64{3) of the Charities Act (Northern Ireland) 2008 to prepare a receipts and payment account and a statement of assets and liabilities. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the congregation's transactions and disclose with reasonable accuracy at any time its financial position. They are also responsible for safeguarding the assets of the congregation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Kirk Session at a meeting on 15 April 2025 and signed on its behalf by:_ Rev. Chris Wilson Mr. John James Warwick 15 April 2025 15 April 2025 io
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GREYSTONE ROAD PRESBYfERIAN CHURCH I report on the accounts of Greystone Road Presbyterian Church for the year ended 31 December 2024. 1 have examined the financial statements of the charity for the year ended 31 December 2024, which comprise the Statement of Financial Activities. the Statement of Assets & Liabilities. the Accounting Policies and the related notes. These financial statements have been prepared under the accounting policies set outtherein. Thi5 report is made solely to the charity trustees as a body, in accordance with the Charities Act {Northern Ireland) 2008. My work has been undertaken so that I might compile the financial statements that I have been engaged to compile, report to the charitws Board of Trustees that I have done so, and state those matters that I have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law I do not accept or assume responsibility to anyone other than the charity and the charitvs Board of Trustees, as a body, for my work. or for this report. Respective responsibilities of charity trustees and examiner As the charitvs trustees you are responsible for the preparation of the Trustee's report and the financial statements in accordance with the applicable law and Accounting Standards (UK and Ireland). The charity trustees consider that an independent examination rather than an audit is required this year under the Charities Act (Northern Ireland} 2008. It is my responsibility to: examine the accounts under section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Commission under Section 65(91(b) of the Charities Act state whether particular matters have come to my attention in the course of my examination work that suggest: (i) material expenditure or action appears not to be in accordance with the charitvs trust. (ii) information or explanation l am entitled to under the Regulations has not been afforded to me; (ill) information contained in the financial statements is materially inconsistent with the Trustee's report for the year. Basis of independent examinerfs report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 6519){b) of the Charities Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It a150 included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: l. That accounting records were not kept in accordance wtth section 63 of the Charities Act, 2. That the accounts do not accord with those accounting records, 3. That the accounts do not comply with the accounting requirements of the Charities Act, 11
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GREYSTONE ROAD PRESBYfERIAN CHURCH 4. That there is further information needed for a proper understanding of the accounts to be reached. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the financial statements. Independent Examinerfs Statement I have completed my examination and have no concerns in respect of the matters (l) to {4) listed above and, in connection with following the Direction5 of the Charity Commission for Northern Ireland, I have found no matters which: give me reasonable to cause to believe that in any material respect the requirements to keep proper accounting records and to prepare accounts which accord with the accounting records and are in accordance with the methods and principles set out in the Charities SORP have not been met; or require that attention should be drawn in order to enable a proper understanding of the financial statements to be reached Amanda Harbinson, Fellow of the Institute of Chartered Accountants Ireland Independent Examiner Corrigan CA Limited 24 Greystone Road Antrim BT412QN th 15 April 2025 12
GREYSTONE ROAD CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Recelpts and Payments Account) for the year ending 31 December 2024 Note Unrestricted Funds Restrirted Funds Total 2024 Total 2023 Receipts Donations and legacies Charitable artivities Investment income 127,278 273 404 89,574 23,283 445 216,852 23,556 849 200,139 14,951 Total Receipts 127.955 113,302 241,257 216,074 Payments Raising funds Charitable attivities 618 93,488 473 155,545 1,091 249,033 1,124 354,175 Total Payments 94.106 156,018 250,124 355.299 Net receipts / Ipaymentsl Transfer5 between fund5 33,849 -18,550 -42.716 18,550 -8,867 -139,225 Net movement in funds Funds brought forward 15,299 118,996 -24,166 87.829 -8,867 206,825 -139,225 346,050 Funds carried forwiard 134,295 63,663 197,958 206.825 13
GREYSTONE ROAD CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF ASSEfs AND UABILITIES As at 31 Dernber 2024 Note Unrestricted Funds Restricted Funds Total 2024 Total 2023 Funds Reconciliation Bank and Cash at start of year Net movement in funds 118,996 15,299 87,829 -24,166 206,825 -8,867 346,050 -139,225 Bank and Cash at end of year 134,295 63,663 197,958 206,825 Bank and Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 99,779 33,513 1,003 28,186 32,740 2.737 127,965 66.253 3.740 51,173 152,043 3,609 134.295 63,663 197.958 206.825 Other Assets Gift Aid receivable on donations 3,934 4,000 7,934 6,323 3,934 4,000 7.934 6,323 138,229 67,663 205,892 213,148 Approved by the Kirk Session at a meeting on 15 April 2025 and signed on its behalf by Rev Chris Wilson Ja es Warwick IS April 2024 April 2024 14
GREYSTONE ROAD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE Accourirs 31 December 2024 Donations & Legacie5 These are recorded as received as entitlement arises at that stage and are classified as restricted or unrestricted according to any conditions stipulatedlintended by the donor. Recorded income represents weekly freewill offerings as collected each week. Gift Aid represents the income tax refunds received on the gift aid donations. Charltable Activities Income from charitable activitie5 includes income earned both from the supply of goods and services and from appeals recognised when received and classified according to restrictions on use. Receipts from church activities are recogni5ed once received. Receipts from fund raising and Eenerating fund5 are recognised when received. Membership fees are recognised on receipt. Grants are recognised on receipt unless performante conditions require deferral of" the amount. Appeals are recogni5ed when the funds have been received. Other Voluntary Receipts Income from voluntary receipts includes income from mission boxes. weekly contributions. classes income and is recorded as received. Investment Income Investment income represent5 bank interest received from banks. building societies or other financial institutions and is recognised on receipt. Resources Expended Expenditure is accounted for on a cash basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributable to particular headings they have been allocated to activities on a basis consistent with the use of resources. Z. DONATIONS AND LEGACIES Unrestrirted Funds Restricted Funds Total 2024 Total 2023 Recorded giving Loose collettions Donations and gifts Gift Aid Legacies and bequest 103,242 2,590 66,743 5.015 5.876 11,940 169,985 7,605 5,876 33.386 156.020 5,221 7.961 30,937 21.446 127,278 89,574 216,852 200,139 15
GREYSTONE ROAD CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2024 3. CHARITABLE AcfiviTIES Unrestricted Funds Restricted Funds Total 2024 Total 2023 Income from charitable activities Fees from weddings and funerals Fundraising events Membership fees Grants 273 6,045 6,318 3,842 6,747 4.625 5,866 6,747 4,625 5,866 2,642 4,367 4,100 273 23,283 23,556 14,951 4. INVESTMENT INCOME Unrestricted Funds Restricted Funds Total 2024 Total 2023 Deposit interest 404 445 984 404 445 849 984 5. RAISING FUNDS Unre5trlrted Funds Restricted Funds Total 2024 Total 2023 FWO envelopes Fundraising events 618 375 98 993 98 1,050 74 618 473 1,091 1,124 16
GREYSTONE ROAD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTÉS TO tHE ACCOUNTS 31 December 2024 6. CHARITABLE ACTIVITIES Unrestricted Funds Restricted Funds Total 2024 Total 2023 General Assembly Assessments Presbytery Fees Ministry and support staff costs Congregational running expenses Donation5 to Missions and charities Governance costs 12,018 409 71,626 8,415 12.018 409 71,626 130,582 33.378 1,020 11,662 20 69.847 238,674 32,486 1,486 122.167 33.378 1.020 93.488 155,545 249,033 354,175 7. FIXED ASSErs The congregation owns the Church premises Sltuated at 57 Greystone Road. Antrim. BT41 LIW. the manse situated at 2 Brantwood Gardens. Antrim, BT41 IHP and the associated fixiures, fittings, plant and fflachinery. These have a combined insurance value of £3.158,765. 17
GREYSTONE ROAD CONGREGAYION OFTHE PRE$8fÉERIAN CHURCH IN IRELAND NOTESTO THE Accoupif5 ai December2024 8. FUND BALANCES 8alance at P•ymont 5urpl¥sl IDef¢titl Transfer Trnn5Fer Out Trnn5fer Balan¢e at Unr¢strkted Fuhds General Fund 118,996 127.955 -94.106 33.849 -J8,5XI -18.550 134,295 118.996 127.955 -94,J06 33,849 -18.550 -18.550 134.295 $tted Funds General Fund Itotw up propertyfvndl Property Fund Mission Svpport Fund Yeuth & ChildieTr's WorkerFuftd Boys Bri£ade 18.lYJO 1569 175 18.(KKJ 1.569 -1225 18,WJO -16.820 18,909 1.4,511 37,715 16.317 23.289 4.583 4,434 2,169 2,147 2.053 39,350 10.269 222 7,TJg 11.752 33 1072 1558 3.506 411 15.157 32 li 4,077 -95.454 4.452 -56,104 3.817 222 551 -386 470 470 -12.138 401 -162 -3.030 -3.432 -530 -3,926 3.868 1,801 2.657 Benevulent Fund JV41in8 Cltsb Cafe Thtsrsday Oub Fu5inn General Missions F¥nd Musical In11ctFUThd OrÈan Fund Rotnania l Moldova Fund Buzzy Bees iIKirma Fund JuDiorChii51ian EndeavDur Christian Presbytefian Children's Soc Sunday School Royal British Legion Ch,. tian Instttu PfC5byterian Women Tear Fund Gidpon's IntemaiiDnal Yvuth Feljubhl Unlted Appeal 910 472 74 -119 11.231 12 li -243 -fj(M) 971 178 1,859 700 736 706 439 -10.163 439 .10.078 85 657 451 387 378 217 4.320 -617 -545 -382 -1.290 -3,545 -1.251 -333 -195 7[1 -150 1,28S 908 326 9.916 444 -150 8.798 8253 227 1285 1.290 3,S45 L351 333 19S ioj Ic 63 55 -63 -38 -375 -10.163 17 17 -375 -10.163 375 10.163 375 10.163 87.829 113.302 -156.Ol8 4Z.716 32,452 -13.902 63.663 Total 206.825 241.257 -250,124 -B*67 32,452 -32.452 197,958
GREYSTONE ROAD CONGREGATION OF THE pREsBERlAN CHURCH IN IRELAND NOTES TO THE ACCOUNT5 31 December 2024 9. PENSION COSTS The minister of the congregation is a member of the Presbyterian Church in Ireland Pension Scheme 120091. This is a scheme operated by the Presbyterian Chuch in Ireland, a separate registered charity. The congregation pays an assessment to the Presbyterian Church in Ireland equivalant to the employer's pension contribution for the Scheme and based on the stipend paid to the minister. The Presbyterian Church in Ireland Pension Scheme 120091 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 seperatelv administered fund managed by a board of trustees. The Presbyterian Church and the Scheme Trustees have agreed a funding plan to ensure the Scheme is sufficiently funded to meet current and future obligations. A formal schedule of Contributions was drawn up on 25 November 2015 whereby the Presbyterian Church agreed to pay from 31 December 2015 contributions of 24% of pensionable salaries to cover the accrual of benefits for future service, expenses, the cost of insuring death in service benefits and funding the scheme deficit. The contributions made by the congregation during the year were £9,923. 10. RELATED PARTY TRANSAcnoNS Rev Christopher Wilson, a trustee, received remuneration of £41.344 and expenses of £7.821 as a minister of the congregation. Pension contributions of £9.923 were paid by the congregation in respect of the minister to the Presbyterian Church in Ireland Pension Scheme120091. Mr David Lyttle, a trustee receives a salary for his work both as a cleaner and sexton. None of the other trustees received any remuneration. 19
GREYSTONE ROAD CONGREGATION OF THE pREsBER1AN CHURCH IN IRELAND NOTES TO THE Accouplrs 31 December 2024 11. EMPLOYEES 2024 2023 Wages and Salaries social security Costs Other Pension Costs 48,255 5.628 9.923 46.596 5.369 9.451 63.806 61,416 The average monthly number of employees during the year was as tollows: 2024 2023 Minister Deaconess Other 12. DONATIONS" RESThICTED FUNDS Recorded Giving Loose Collections Donatlons and gifts Glft Aid 8owling Club Boys Brigade Burma Cafe Christian Aid Christian Institute Fusion General Missions Fund Gideon's International Girl's Brigade Junior Christian Endeavour Mission Support Fund Presbyterian Children's Society Presbyterian Women Property Fund Romania / Moldova Fund Royal British Legion Sunday School Tear Fund Thursday Club 588 339 1,904 5,000 28 31 20 2.558 1,290 195 251 184 160 25 12.306 2,642 li 130 61 445 523 409 114 900 25 1.325 591 38 6,448 658 8,350 2,500 150 32,619 3,419 50 340 283 333 764 260 250 77 63 870 66.743 5,015 5.876 11,940 20
GREY5TONE ROAD CONGREGATION OFTHE PRES8YfERIAN CHURCH IN IRELAND NOTES TOTHE ACCOUNTS 31 Dètémber 2024 13. OTHER INCOME- REStRICTED FUNDS Charftable ArtivÉtlès F¥ndratsln8 Events Membershlp Grants Depostt Interest Benevolent Fund gowllng Club Boys Brfgade Burma uzzy Bee5 Gir15 Brigade Mi5s1on Support Fund Muslcal Instrument Fund Organ Property Fund Thursday Club Youth & Family Worker 33 24 360 1,449 207 1.627 3,747 2,185 706 2.110 3.974 lllJ9 3.181 135 12 li 1,864 264 500 222 6.747 4.625 445 14. PAYMENT5- REsTricfED FUNDS Fundrdislng Events FWO Emielopes Mlnlslry and Support Staff Con8rryational Running Expenses Donation5 to Mi95ions and Benevolent Fund Bowling Club Boys Brlgade Bvma Buzry Bees Cafe Chr15tlan Ald Christian Institute Fusion General Mlsslons Fund Gideon's Intemational Girls 8r*gade Junior Chrrstlan Endeavour Mission Support Fund Presbyterian Childrèn's society Presbyterian Women Property Fund Romania l Moldova Fund Royal British Le8iOrt Sunday School Tear Fund Thursday Club Unlted Appeal Youth Fellowship 401 62 6,615 loo 547 26 545 617 2,330 700 1,290 195 490 3,926 38 934 32 11.172 382 1.662 4,790 3.545 188 375 95.079 4,320 333 1,251 63 450 10,163 2.982 375 98 375 122.167 33.378 21