an CALEDON CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees Annual Report and Financial Statements for the year ended 31 December 2024 Registered Charlty in Northern Ireland (NIC104888)
Presbyter an CALEDON CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT The Trustees present their Annual Report and Financial Statements for the year ended 31 December 2024 including a Statement of Assets and Liabilities a5 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 INIC104888) CHARITY TRUSTEES The Charity Trustees who served during the year or who were trustees at the date of this report were". Leslle Hadden Sta nley Farley David Kirkland Joy Hadden PRINCIPAL OFFICE BEARERS Mlnlster 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 congregation of the Presbyterian 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 splritual 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 is related to Ministers, Missionaries, Mission workers 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 Charity Commission's Public Benefit requirement statutorv 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. 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 Mid Week Ladies Group
an CALEDON CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT {cont'd) SIGNIFICANT ACTIVITIES The average weekly attendance at morning worship was 54. The Church made various donations during the year to: United Appeal Presbyterian Orphans and Children's Society Southern Hospice Nl Air Ambulance Christian Aid FINANCIAL REVIEW Financial performance for the year ended 31 December 2024 was consistent with expectations with a surplus of £5,794 recorded. The year end bank balances totalled £60,151 (2023: £54,177). 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 Trustees at a meeting and signed on its behalf by: Name: Name: Date.. Date: Lf
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF CALEDON CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND We report on the accounts of the Trust for the year ended 31 December 2024, which are set out on pages 5 to 11. Respective responslbilities of charity trustees and examiner As the charity's trustees YOLJ 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(9){b) of the Charities Act state whether particular matters have come to our attention. Ba515 of Independent examlner's report We have examined your charity accounts as requlred under section 65 of the Charities Act and our examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65{9)(bl 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 attention giving us cause to believe: l. That accounting records were not kept in accordance with 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 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent examlner's statement We have completed our examination and have no concerns in respect of the matters (l) to (41 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
Pre an Date.. ZOL CALEDON CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY {Receipt5 and Payments Account) for the year ended 31 December 2024 Note Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Recelpts Donations and legacies Charitable activities Other trading activities Investment Income Other 34,858 1,666 2,965 123 5,870 98 37,823 1,789 5,870 148 569 29,352 975 5,970 125 920 50 569 Total Recelpts 37,143 9,056 46,199 37,342 Payments Raising funds Charitable activities 134,102} {6,3031 140,4051 139,3831 Total Payments {34,102} {6,3031 (40,4051 139,3831 Net receipts / {payments) Transfers between funds 3,041 1,381 2,753 (1,3811 5,794 {2,0411 Net movement in funds Funds brought forward Deduct non cash/bank related endowment funds 4,422 24,449 1,372 29,728 5,794 54,177 12,0411 56,218 10 Funds carried forward 11 28,871 31,100 59,971 54,177
an CALEDON CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2024 Unrestricted Funds Restricted Funds Endowment Funds Total Funds 2024 Total Funds 2023 Funds Reconciliation Bank and Cash at start of year Deduct non cash/bank related endowment funds Net movement in funds 24,449 29,728 54,177 56,218 4,422 1,372 5,794 12,041) Bank and Cash at end of year 28,871 31,100 59,971 54,177 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 31,100 28,871 29,728 24,449 59,971 54,177 Other Assets Fixed Assets- Note 9 Church Premises, Church Hall, Toilet Block and Graveyard Manse and Outbuildings Land14 acres) at Castle Lane 798,197 760,187 547,289 50,000 521,226 50,000 1,395,486 1,331,413 Llabllltles (memorandum note only) Accountancy (4001 (400) Approved by the Trustees at a meeting and signed on its behalf by.. Name: Name: Date: Date:
an CALEDON CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2024 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. 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 Unrestricted Funds Restrlcted Funds Endowment Funds Total Total 2023 2024 Recorded giving: L005e collections Donations and gifts Gift Aid Legacies and bequests 369 30,294 4,195 369 33,259 4,195 264 25,187 3,901 2,965 34,858 2,965 37,823 29,352
an CALEDON CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2024 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Funds Endowment Total 2024 Total 2023 Funds Income from charitable activities Fundraising events Membershlp fees Grants 1,666 123 1,789 975 1,666 123 1,789 975 4. OTHER TRADING ACTIVITIES Unrestrlcted Funds Restrlrted Funds Endowment Total 2024 Total 2023 Funds Letting of premises 5,870 5,870 5,970 5,870 5,870 5,970 INVESTMENT INCOME Unrestrlcted Funds Restricted Funds Endowment Total 2024 Funds Totsl 2023 Deposit Interest so 98 148 125 50 98 148 125
an CALEDON CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {cont'd) 31 December 2024 OTHER INCOME Unrestrlrted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 NIE wayleave Grave fees Sundry income 47 350 172 47 350 172 46 200 674 569 S69 920 RAISING FUNDS Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Fundraising events CHARITABLE ACTIVITIES Unrestricted Funds Restrlcted Funds Endowment Total 2024 Funds Total 2023 General Assembly Assessments Presbytery fees Ministry and support staff costs Congregational runnlng expenses Donations to Missions and charlties Governance costs 4,141 155 16,164 12,440 800 402 4,141 155 16,164 15,605 3,938 402 3,919 206 15,543 15,074 4,245 396 3,165 3,138 34,102 6,303 40,405 39,383
Presb ter CALEDON CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2024 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 £798,197 Manse and outbuildings £547,289 The congregation also owns 4 acres of land at Castle Lane which have been valued by the Trustees at £50,000. 10. Deduction 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 PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2024 11. FUND BALANCES Fund Balance at start Receipts Payment Surplus / (Deflclt) Transfer Balance at end Unrestricted Funds General Fund 24,449 37,143 134,102) 3,041 1,381 28,871 24,449 37,143 134,102) 3,041 1,381 28,871 Restrlcted Funds Congregational Missions and Charities Repair Fund Sunday School Ladies Fund Manse Fund Incidental Fund 2,519 13,138) (619) 619 4,507 4,367 1,678 18,027 1,149 123 516 28 5,870 1486} 16041 {3631 1881 28 3,825 1301 4,144 4,279 1,706 19,852 1,119 12,045) {30> {2,000} 29,728 9,056 16,303) 2,753 {1,381) 31,100 Endowrnent Funds Total 54,177 46,199 140,405) 5,794 59,971 11