an CALEDON CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND Trustees Annual Report and Financial Statements for the year ended 31 December 2022 Reg15tered Charlty In Northern Ireland {NIC104888) an CALEDON CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT The Trustees present their Annual Report and Financial Statements for the year ended 31 December 2022 including a Statement of Assets and Liabilities as at that date. REFERENCE AND ADMINISTRATIVE DETAILS Caledon congregation of the Presbyterian Church in Ireland 20 Castle Lane, Caledon, BT68 4UD Registered Charity in Northern Ireland (NIC1048881 CHARITY TRUSTEES The Charity Trustees who served during the year or who were trustees at the date of this report were: Leslie Hadden Stanley Farley David Kirkland Joy Hadden PRINCIPAL OFFICE BEARERS Mlnister Clerk of Session Treasurer Joanne Smith David Kirkland Joan Hadden INDEPENDENT EXAMINER GDP Accountants Ltd 122A Moore Street Aughnacloy Co Tyrone BT69 6AA BANKERS Danske Bank 74-76 Scotch Street Armagh Co Armagh BT617DJ an CALEDON CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT {cont'd) GOVERNANCE AND MANAGEMENT The Church is governed by elected elders, from the congregation to manage its mission, programmes and finances. Within this structure there are various committees and subcommittees to carry out the carious programmes and endeavours. OBJECTIVES Caledon Presbyterian Church Is a congregatlon of the Presbyterlan Church In Ireland whose purpose is to advance the gospel message of Christ through the advancement of religion. The direct benefits from the Church's activities are: Enhancement and wellbeing from appreciation of the word of God. Encouragement and nurturing of younger members to maturity in Christ. Enjoyment of community togetherness. Support for those In need of 5pirltual guidance and comfort. Support for those in our community who desire pastoral visits. The Church's beneficiaries are the members of the congregation and their extended families and the wider Caledon community. The Church's purpose does not lead to harm. The only private benefit flowing from our purpose 15 related to Ministers, Missionaries, Mi55ion workers and Lay Agents who receive benefits as a result of their office or employment. Any private benefit is incidental and nece55ary in order to further our charitable purpose. There are no other private benefits. The trustees have had regard to the Charity Commission's Public Benefit requirement statutory guidance. The committee wish to acknowledge their deep appreciation of those who give freely of their time by serving on committees and helping with our various organisations and other church activities. AcfiviTIES The congregation meets for worship every Sunday and visitors are welcome to join. Regular bible study meetings are held with various organisations within the church including: Mothers and Toddlers Sunday School Holiday Bible Club an CALEDON CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) SIGNIFICANT AcfiviTIES The average weekly attendance at morning worship was 48. The Church made various donations during the yearto: United Appeal Presbyterian Orphans and Children's Society Southern Hospice Student's Bursary Moderators Appeal FINANCIAL REVIEW Financial performance for the year ended 31 December 2022 was consistent with expectations with a surplus of £4,404 recorded. The year end bank balances totalled £56,21812021: £51,814) STATEMENT OF TRUSTEE RESPONSIBILITIES The Trustees are responsible for preparing the annual report and the financlal 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 64131 of the Charities Act (Northern Ireland) 2008 to prepare a receipts and payment account and statement of assets and liabilities. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explaln the congregation's transactions and disclose with reasonable accuracy at any time its financial position. They are also responslble 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 Trustees at a meeting and signed on its behalf by: Name: Name: Date: Date: an INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF CALEDON CONGREGATION OF THE PRE5BYfERIAN CHURCH IN IRELAND We report on the accounts of the Trust for the year ended 31 December 2022, which are set out on pages 5 to 11. Respectlve responsibilitles of charlty trustees and examiner As the charitvs trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is ou r 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 our attention. Basis of independent examlner's report We have examlned your charlty accounts as requlred under settion 65 of the Charities Act and our examination was carried out in accordance with the 8eneral Directions given by the Charlty Commission for Northern Ireland under section 65(9)(b) of the Charities Act. Our examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you a5 charity trustees concerning any such matters. OLJr role is to state whether any material matters have come to our attention giving us cause to belleve: l. That accounting records were not kept in accordance with sectlon 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 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent examlnerfs statement We have completed our examination and have no concerns in respect of the matters (11 to {4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, we have found no matters that require drawing to your attention. Signed: Name", Graeme Parr for GDP Accountants Ltd Address: 122A Moore Street, Aughnacloy, Co Tyrone, BT69 6AA an Date: CALEDON CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2022 Note Unrestrlcted Funds Restrlcted Funds Endowment Funds Total 2022 Total 2021 Receipts Donations and legacies Charitable activities Other trad ing activities Investment Income Other 24,431 3,579 28,010 25,797 195 5,720 58 463 5,720 5,720 74 192 71 192 Total Recelpts 24,694 9,302 33,996 32,233 Payments Raising funds Charitable activities (23,7001 (5,892) {29,592) (26,423) Total Payments (23,700) (5,892) {29,592) 126,423) Net receipts / Ipa ments) Transfers between funds 994 1,337 3,410 (1,337) 4,404 5,810 Net movement in funds Funds brought forward Deduct non cash/bank related endowment funds 2,331 26,685 2,073 25,129 4,404 51,814 5,810 46,004 10 Funds carried forward 11 29,016 27,202 56,218 51,814 an CALEDON CONGREGATION OF THE PRESBYtERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES A5 at 31 December 2022 Unrestricted Funds Restricted Funds Endowment Funds Total Funds 2022 Total Funds 2021 Funds Reconciliation Bank and Cash at start of year Deduct non cash/bank related endowment funds Net movement In funds 26,685 25,129 51,814 46,004 2,331 2,073 4,404 5,810 Bank and Cash at end of year 29,016 27,202 56,218 51,814 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 27,202 29,016 25,129 26,685 56,218 51,814 Other Assets Fixed Assets- Note 9 Church Premises, Hall and Graveyard Manse at Castle Lane Land14 acres) at Castle Lane 707,152 657,815 484,863 50,000 451,035 50,000 1,242,015 1,158,850 Llabllltles (memorandum note only) Accountancy {4001 (480) Approved by the Trustees at a meeting and signed on its behalf by: Name: Name: Date: Date: an CALEDON CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2022 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total income of the congregation is less than £250,000 the congregation have elected in accordance with the provisions in The Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 to prepare its accounts on a receipts and payments basis. FUND ACCOUNTING Endowment funds are funds, the capital of which must be retained either permanently or at the congregation'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 established in the first place. Restritted funds comprlse (al Income from endowments whlch Is to be expended only on the restricted purposes intended by the donor and (b) revenue donations or grants for a specific congregational activity intended by the donor. Where these funds have unspent balance5, interest on their pooled investment is apportioned to the individual funds on an average balance basis. Unrestricted funds are income funds which are to be spent on the congregation's general purposes. Designated funds are general funds set aside by the congregation for use In the future. DONATIONS AND LEGACIES Unrestrlcted Funds Restrlcted Funds Endowment Funds Total Total 2021 2022 Recorded giving: Loose collections Donations and gifts Gift Aid Legacies and bequests 172 20,541 3,718 172 24,120 3,718 51 21,821 3,925 3,579 24,431 3,579 28,010 25,797 an CALEDON CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2021 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Funds Endowment Totsl 2022 Total 2021 Funds Income from charitable activities Fundraising events Membership fees Grants 195 195 4. OTHER TRADING ACTIVITIES Unrestricted Funds Restricted Funds Endowment Total 2022 Total 2021 Funds Letting of premises 5,720 5,720 5,720 5,720 5,720 5,720 INVESTMENT INCOME Unrestrlcted Funds Restrlcted Funds Endowment Total 2022 Funds Total 2021 Deposlt Interest 71 74 58 71 74 58 an CALEDON CONGREGATION OF THE PREsBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {cont'd) 31 December 2021 OTHER INCOME Unrestricted Funds Restrlcted Funds Endowment Funds Total 2022 Total 2021 NIE wayleave Grave fees Sundry Income 42 150 42 150 38 425 192 192 463 RAISING FUNDS Unrestrlcted Funds Restrlcted Fund5 Endowment Funds Tot31 2022 Total 2022 Fundraising events CHARITABLE AcfiviTIES Unrestrlrted Funds Restrlcted Funds Endowment Total 2022 Funds Total 2021 General Assembly Assessments Presbytery fees Ministry and support staff costs Congregational running expenses Donations to Missions and charities Governance costs 3,613 188 14,208 5,301 3,613 188 14,208 7,992 3,201 390 3,630 13,584 5,534 2,651 840 2,691 3,201 390 23,700 5,892 29,592 26,423 an CALEDON CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {cont'd) 31 December 2022 FIXED ASSETS The congregation owns the Church premises, Church hall, Manse and Graveyard situated at Castle Lane, Caledon and the associated contents. These have an insurance value of: Church Premises, Church Hall and Graveyard Manse and contents £707,152 £484,863 The congregation also owns 4 acres of land at Castle Lane whlch have been valued by the Trustees at £50,000. 10. Deductlon of non cash/bank endowment funds The congregation has reviewed the basis on which it prepares its accounts and in order that these are prepared on a strict receipts and payments basis It has eliminated from its fund balances any funds which are not held in bank or cash balances. Any other funds, which the congregation holds, In particular investments are disclosed on the Statement of Assets and Liabilities. 10 an CALEDON CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 11. FUND BAIANCES Fund Balance at start Receipts Payment Surplus / (Deflclt) Transfer Balance at end Unrestrlcted Funds General Fund 26,685 24,694 (23,700) 994 1,337 29,016 26,685 24,694 123,700) 994 1,337 29,016 Restrlcted Funds Congregational Misslons and Cha rities Repair Fund Sunday School Ladies Fund Manse Fund Incidental Fund 2,558 13,221) 1663) 663 4,053 3,899 1,665 14,303 1,209 710 334 (467) (541) 243 1207) 4,296 3,692 1,665 16,370 1,179 5,720 11,653) 130) 4,067 (301 (2,0001 25,129 9,322 15,912) 3,410 (1,3371 27,202 Endowment Funds Total 51,814 34,016 {29,612) 4,404 56,218 11