an CALEDON CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees Annual Report and Financlal Statements for the year ended 31 December 2023 Registered Charity 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 2023 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, 8T68 4UD Registered Charity in Northern Ireland (NIC104888) CHARITY TRUSTEES The Charity Trustees who senied during the year or who were trustees at the date of this report were: Leslie Hadden Stan ley Farley David Kirkland Joy Hadden PRINCIPAL OFFICE BEARERS Minister 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 PRESBYfERIAN 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 congregation of the Presbyterian Church in Ireland whose purpose is to advance the gospel message of Chrlst 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 spiritual guidance and comfort. Support for those in our communlty 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 is related to Ministers, Missionaries, Mission worker5 and Lay Agents who receive benefits as a result of their office or employment. Any private benefit is incidental and necessary in order to further our charitable purpose. There are no other private benefits. The trustees have had regard to the Charlty Commission's Public Benefit requirement statutory guidance. The committee wish to acknowledge thelr deep appreciation of those who give freely of their time by serving on committees and helping with our various organisations and other church activities. ACTIVITIES 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 Presbyter CALEDON CONGREGATION OFTHE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) SIGNIFICANT ACTIVITIES Thè average weekly attendance at morning worship was 48. The Church made various donations during the year to: United Appeal Presbyterian Orphans and Children's Society Southern Hospice Action Cancer Moderators Appeal Royal British Legion FINANCIAL REVIEW Financial performance for the year ended 31 December 2023 wa5 consistent with expectations with a deficit of £2,041 recorded. The year end bank balances totalled £54,177 (2022: £56,218). STATEMENT OF TRUSTEE RESPONSIBILITIES The Trustees are responslble for preparing the annual report and the financial statements of the congregatSon 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 [￿land} 2008 to prepare a receipts and payment account a nd statement of assets and Ilabilities. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Cong￿￿tIOn,S transactions and disclose with reasonable accuracy at any time its financial position. They are31soTesponsible for safeguarding the assets of the congregation and hence for taking reasonable stepsiorxtie prevention and detection of fraud and other irregularities. Approved by the Trustep6 at a meeti and signed on its behalf bv: Name: Name: Date: Date: an INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF CALEDON CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND We report on the accounts of the Trust for the year ended 31 December 2023, which are set out on pages 5 to 11. Respectlve responslbilities of charity trustees and examlner As the charitws trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It Is our responsibility to: examine the accounts under section 65 of the Charitie5 Act follow the procedures laid down in the general Directions given by the Commission under section 6519){b) of the Charities Act state whether particular matters have come to our attention. Basis of Independent examlner's report We have examined your charity accounts as required under section 65 of the Charities Act and our examination was carrled out in accordance with the general Directions given by the Charlty Commission for Northern Ireland under section 65{91(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 as charity trustees concerning any such matters. Our role is to state whether any material matters have come to our attentlon glving us cause to believe: l. That accounting records were not kept in accordance wlth settion 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 accountin8 requirements of the Charities Act 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent examinerfs statement We have completed our examination and have no concerns in respect of the matters (l) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, we have found no matters th t require drawing to your attention. Signed: Name: Graeme Parr for GDP Accountants Ltd Address: 122A Moore Street, Aughnacloy, Co Tyrone, BT69 6AA Presbyter an Date: CALEDON CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Recelpts and Payments Account) for the year ended 31 December 2023 Note Unrestrfcted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 Receipts Donations and legacies Cha ritable activities Other tradlng activities Investment Income Other 25,592 3,760 975 5,970 55 29,352 975 5,970 125 920 28,010 5,720 74 192 70 920 Total Recelpts 26,582 10,760 37,342 33,996 Payments Raising funds Charitable activities (32,289) 7,0941 (39,383) 129,592) Total Payments (32,289) 7,0941 (39,383) 129,592) Net receipts / (payments) Transfers between funds 15,707) 1,140 3,666 (1,140) {2,0411 4,404 Net movement in funds Funds brought forward Deduct non cash/bank related endowment funds (4,567) 29,016 2,526 27,202 (2,0411 56,218 4,404 51,814 10 Funds carrled forward li 24,449 29,728 54,177 56,218 Presbyter an CALEDON CONGREGATION OFTHE PRESB￿ERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2023 Unrestricted Fund5 Restricted Funds Endowment Funds Total Funds 2023 Total Funds 2022 Funds Reconciliation Bank and Cash at start of year Deduct non cashlbank related endowment funds Net movement in funds 29,016 27,202 56,218 51,814 2,526 2.041 4,404 Bank and Cash at end of ear 24,449 29,728 54,177 56,218 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 29,728 24,449 27,202 29,016 54,177 56,218 Other Assets Fixed Assets- Note 9 Church Premises, Church Hall, Toilet Block and Grave Manse and Outbuildin Land (4 acres) at Castle Lane 760,187 707,152 521,226 50,000 484,863 50,000 1,331,413 1,242,015 Liabilities (memorandum note on Accountanc 4001 1400 Approved by the Trustees at a meeting and signed on Its behalf by: Name: Date: Date: an CALEDON CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2023 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 basls. 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. Restricted funds comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor and (bl revenue donations or grants for a specific congregational activity intended by the donor. Where these funds have unspent balances, 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 Unre5trirted Fund5 Restrlcted Funds Endowment Funds Total Total 2022 2023 Recorded giving: Loose collections Donations and 8ifts Gift Aid Legacies and bequests 264 21,427 3,901 264 25,187 3,901 172 24,120 3,718 3,760 25,592 3,760 29,352 28,010 an CALEDON CONGREGATION OFTHE PRESB￿ERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {cont'd} 31 December 2023 CHARITABLE ACTIVITIES Unrestrlcted Funds Restrfcted Fund5 Endowment Total 2023 Total 2022 Funds Income from charitable activities Fundra ising events Membership fees Grants 975 975 975 975 4. OTHER TRADING AcfiviTIES Unrestrlcted Funds Restrlcted Funds Endowment Total 2023 Total 2022 Funds Letting of premises 5,970 5,970 5,720 5,970 5,970 5,720 INVESTMENT INCOME Unrestricted Funds Restricted Funds Endowment Total 2023 Funds Total 2022 Deposit interest 70 55 125 74 70 55 125 74 an CALEDON CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2023 OTHER INCOME Unrestrlcted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 NIE wayleave Grave fees Sundry income 46 200 674 46 2C 674 42 150 920 920 192 RAISING FUNDS Unrestricted Funds Restricted Funds Endowment Funds Totsl 2023 Total 2022 Fundraising events CHARITABLE AcfiviTIES Unrestricted Funds Restrlcted Funds Endowment Totsl 2023 Funds Total 2022 General Assembly Assessments Presbytery fees Ministry and support staff costs Congregational runnin8 expenses Donations to Missions and charities Governance costs 3,919 206 15,543 12,225 3,919 206 15,543 15,074 4,245 396 3,613 188 14,208 7,992 3,201 390 2,849 4,245 396 32,289 7,094 39,383 29,592 an CALEDON CONGREGATION OFTHE pREsB￿ER1AN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2023 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, Toilet Block and Graveyard £760,187 Manse and outbuildings £521,226 The congregatlon 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 dlsclosed 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 2023 11. FUND BALANCES Fund Balance at start Recelpts Payment Surplus / (Deflclt) Transfer Balance at end Unrestricted Funds General Fund 29,016 26,582 (32,289) (5,707) 1,140 24,449 29,016 26,582 (32,289) 15,707) 1,140 24,449 Restricted Funds Congregational Missions and Cha rities Repair Fund Sunday School Ladies Fund Manse Fund Incldental Fund 3,385 14,2451 (860) 860 4,296 3,692 1,665 16,370 1,179 379 1,263 13 5,720 11681 15881 211 675 13 . 3,657 {30) 4,507 4,367 1,678 18,027 1,149 {2,0631 1301 {2,000} 27,202 10,760 {7,0941 3,666 {1,1401 29,728 Endowment Funds Total 56,218 37,342 139,3831 12,041) 54,177 11