High Street Antrim Congregation of the Presbyterian Church in Ireland Financial Statements for the year ended 31st December 2022 Corrigan CA Limited 24 Greystone Road Antrim BT412QN
High Street Antrim Congregation of the Presbyterian Church in Ireland LEGAL AND ADMINISTRATIVE INFORMATION TRUSTEES.. Rev Colin Kerr McDowell Mrs Nancy Agnes Bonar Mr James Samuel Gleghorne Mrs Margaret Mary Kempston Mr Robert Edward Campbell Mr William Canning Mr Robert Coulter Bonar Mr lan Saunders Mr Herbert Hewitt Mrs Esme Miskelly Mr Christopher lan Titterington Mr David James Gleghorne CHARITY NUMBER.. NIC104909 ADDRESS.. 22 Steeple Road ANTRIM 8T41 IDN INDEPENDENT EXAMINER.. Amanda Harbinson, FCA Corrigan CA Limited 24 Greystone Road ANTRIM BT412QN
High Street Antrlm Congregation of the Presbyterian Church in Ireland CONTENTS: Page Trustee Report Statement of Trustee Responsibilities Independent Examiners Report Statement of Financial Attivitie5 io Statement of Assets and Liabilities li Notes to the Accounts 12-16
HIGH STREET PRESBYfERIAN CHURCH, ANTRIM. CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st DECEMBER 2022 This report includes information required by the Charities {Accounts and Reports) Regulations 2008 and the Statement of Recommended Practice for Accounting by Charities 2005 as applicable to charities entitled to prepare accounts on the receipts and payments basis. ADMINISTRATIVE INFORMATION High Street Presbyterian Church, Antrim is a local church of the Presbyterian Church in Ireland and is a member church of the general Assembly of the Church. It was registered on 1510812016 as Charity Number 104909. High Street Church is situated at 22 Steeple Road, Antrim BT41 IDN. Telephone 9446 8339, email info@highstchurch.org. The members of the Elders, Meeting for the time being are recognised as the charity trustees. Those who served from 1st January 2020 until the date this report was approved are: Rev Colin Kerr McDowell Mrs Nancy Agnes Bonar Mr James Samuel Gleghorne Mr David James Gleghorne Mrs Margaret Mary Kempston Mr Robert Edward Campbell Mr William Canning Mr Robert Coulter Bonar Mr lan Saunders Mr Herbert Hewitt Mrs Esme Miskelly Mr Christopher lan Titterington The Church building and the manse at 16 Beechfield, Antrim BT41185, are vested in High Street Presbyterian Church as trustees and held for the benefit of High Street Presbyterian Church in accordance with the trusts applicable to Presbyterian Church in Ireland properties.
STRucfuRE, GOVERNANCE AND MANAGEMENT The Kirk Session The charity trustees of the congregation are the members 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 promotes the spiritual interest of the congregation and of persons not connected with any congregation who are within it5 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 Session 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 congregations. All members are entitled to propose, speak and exercise equal votes at meetings, except that the Moderator, the ministers in active duty in the congregation, has no deliberative but only a casting vote. 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. Stated meetings of the Kirk session were held 9 times throughout the year. 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. High Street 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 active 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. In-person presbytery meetings have now recommenced, Presbytery meets six times per year and five of the meetings take place in High Street Church, this is because of our central location. 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 nd dealing with all matters brought before it. The General Assembly met from the 22 to the th 25 of June 2022 for worship and to conduct its business. At the end of business, it is di5501ved. 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. High Street 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 Bible and exists to love and honour God and enable her members to play their part in fulfilling God's mission. OBJECTIVES AND ACTIVITIES The congregation meets for worship every Sunday and visitors are welcome to join. The Sacrament of the Lords Supper is observed on four 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 meetings and has a wide range of organisations. Worship and prayer The congregation normally meets for worship each Sunday at 11am and on the first Sunday of each month, also at 7pm. On the second Sunday of each month a spectal 'AII Together, service is held where the whole congregation worship together with the children and the service contains music and a talk which is appropriate for all age groups. On the other Sundays of the month the children and young people go out to Sunday School and Bible Class half way through the service. Morning services are livestreamed for the benefit of those unable to attend. During the week the Bible Study provides an opportunity for members to meet for fellowship, to Study the Bible and for a time of prayer. As well as our regular services during the year we acknowledged God's gift of new life at seThiices for Sacraments of Baptism. Marriage and Funeral seplices are condurted whenever appropriate and necessary. On 31 December 2022 there were 252 communicant members and 320 families connected with the congregation. The average weekly attendance at morning worship is 100, plus online attendance. Pastoral care Members of the congregation who are unable to attend church due to sickness or age are visited by the minister, elders or by the Pastoral Assistant. Mission and outreach The congregation 5UPPOrts 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 upkeep of church premises, assist with the running costs of Union Theological College, the Church's training college for ministry students, and financially supports congregation in the areas of worship, discipleship, global mission, outreach, leadership and pastoral care. The congregation also contributes to the denominations annual World Development Appeal, Sunday School project and any other special appeals. Presbytery The congregation was represented at the regular meetings of Presbytery by our minister and/or one of the elders. This provides an important link between the congregations and the wider structures of the church. General Assembly The minister and one of our elders were nominated to attend the meeting of the General Assembly of the Presbyterian Church in Ireland held in Assembly Buildings, Belfast, in June. Property During the year minor repairs continued to be carried out within the church sanctuary and church halls. 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). 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 noticeboards, 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 member5 of the public. The purpose doe5 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 contart 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 Commissions Public benefit requirement statutory guidance. FINANCIAL REVIEW Total income received in the year was £ 177,535 (2021 £ 145,714) The main source of donations is contributions through freewill offerings with just over 86% { 202185% } of this from donations and legacies. Fund expenses has increased in the year from £ 138,019 in 2021 to £ 157,809 this year due to organised outing and events being able to take place this year and property costs increasing. RESERVE POLICY: Unrestricted funds: Ideally the Elders. Meeting would wish to have in hand an amount equal to six months regular expenditure as free resere$ to meet shortfalls in income or unexpected expenses. The Balance at 31st December 2022 of £59,952 represents regular expenditure. This report was approved by the Elders, Meeting on and is signed on its behalf by Rev Colin McDowell (Minister). Rev Colin Kerr Mc Dowell
High street Antrim Congregation of the Presbyterian Church in Ireland STATEMENT OF TRUSTEE RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2022 The trustees are responsible for preparing the Trustee Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). In preparing these accounts, the trustees are required to: select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP- make judgements and estimates that are reasonable and prudent: and prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Independent examinerfs report to the trustees of High Street Antrim Congregation Of The Presbyterian Church In Ireland I report on the accounts of High Street Antrim Congregation of the Presbyterian Church in Ireland, for the year ended 31" December 2022, which are set out on pages 10 to 16.1 have examined the financial statement5 of the charity for the year ended 31 December 2022, which comprise the Statement of Financial Activities, the Balance Sheet, the Accounting Policies and the related notes. These financial statements have been prepared under the accounting policies set out therein. This report is made solely to the charity trustee5 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 charity's 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 Irelandl. 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{9){bl of the Charities Art state whether particular matters have come to my attention in the course of my examination work that suggest: (il material expenditure or action appears not to be in accordance with the charitvs trust- (li) information or explanation l am entitled to under the Regulations has not been afforded to me; (illl 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 65191(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 also 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 record5 were not kept in accordance with sertion 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 tobe 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) and, in connection with following the Directions 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. Mrs Amanda Harbinson, FCA Fellow of the Institute of Chartered Accountants Ireland Independent Examiner Corrigan CA Limited 24 Greystone Road Antrim BT412QN DATE i£ls123
High Street Presbyterian Church STATEMENT OF FINANCIAL AcfiviTY (Receipts and Payments Account) for the year ending 31 December 2022 Note Unrestrfrted Fund5 Restrlrted Funds Endowment Funds Total 2022 Total 2021 Receipts Donations and legacies Charitable activities Other voluntary receipts Investment income 95.585 4.528 57,127 20.024 152,712 24,552 124.047 21,164 229 274 247 24 271 Total Receipts 100,360 77,175 177,535 145.714 Payments Charitable artivities 6&7 111.070 46.739 157,809 138,019 Total Payments 111.070 46,739 157,809 138,019 Net receipts / (payments} Transfer5 between funds -10.710 6,900 30.436 -6,900 19.726 7,695 12 Net movement in funds Fund5 brought forward -3,810 63.762 23,536 55.122 19.726 118,884 7,695 111,189 Funds carried forward 12 59,952 78.658 138,610 118,884 io
HIGH STREET PRESBYfERIAN CHURCH STATEMENT OF ASSEfs AND LIABILITIES As at 31 December 2022 Note Unrestricted Funds Restricted Funds Endowrnent Funds Total 2022 Total 2021 Funds Reconclliation Balance At Start of Year Net movement in funds 63,762 -3.810 55,122 23.536 118,884 19,726 111,189 7,695 Balance At End of Year 59.952 78.658 138.610 118,884 Bank and Cash Balances Bank Deposit Account5 Bank Current Accounts Cash in Hand Stock 2.355 72,552 3,489 264 2,355 132.502 3.489 264 138,610 2,352 114,355 2,050 127 118,884 59.950 59.950 78.660 Other Assets Fixed Assets -church Premises -Fixtures, Fittin85 & Equipment 68.885 2,606 139.041 3,914 139,041 3,914 70.156 1,308 71,464 71,491 142.955 142,955 Liabilities Loans Approved by the trustee5 at a meeting on 15th May 2023 and signed on its behalf by- Signed- Rev. Colin Kerr Mc Signed.. Mrs Jenni Davidson li
High Street Presbyterian Church NOTES TO THE ACCOUNTS 31 December 2022 I. ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total incorne of the congregation is less than £250,000, the congregation 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. Fixed Assets recognised but not valued in the Statement of Assets and Liabilities are Church & Hall and contents at 22 Steeple Road, Antrim, Manse at 16 Beechfield, Antrim. 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 (b) 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 & Le acies: These are recorded as received as entitlement arises at that stage and are classisifed as restricted or unrestricted according to any conditions stipulated/intended 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. Charitable Artivities: Income from charitable activities includes income earned both from the supply of good5 and services and from appeals - recognised when received and classified according to restrictions on use. 12
Hl8h Street Presbyterian Church NOTES TO THE ACCOUNTS 31 December 20Z2 2. DONATIONS AND LEGACIES Unrestrirted Furbds Re5trirted Funds Endowment Funds Totsl 2022 Totsl 2021 Recorded giving Loose collections Gift Aid Donations Bequests 69.091 2.234 20.061 4.199 23,444 580 6,215 92,535 2,814 26,276 11,087 20,000 99,325 954 20,562 2,906 300 20,IYXJ 95,585 57,127 152,712 124,047 3. CHARITABLE AcnviTIES UThrestrlrted Funds Restrfrted Funds Endowment Fund5 Total 2022 Total 2021 Income from Church activitie5 Activities for generating funds Membership fees Grants Appeals Other Income 2,117 4,851 6,968 429 464 521 1,400 12,215 1.037 521 2,102 12,215 2.746 140 702 6.625 13,506 1,709 4,528 20.024 24,552 21,164 4. OTHER VOLUNTARY RECEIPTS Unrestrirted Funds Restrirted Funds Endowment Funds Total 2022 Total 2021 229 Voluntary receipt5 229 5. INVESTMENT INCOME Unrestrirted Funds Restrirted Fund5 Endowrnent Funds Total 2022 Total 2021 271 274 Deposit interest 247 24 247 24 271 274 13
Hlgh Street Presbyterian Church NOTES TO THE ACCOUNTS 31 December 2022 6. CHARITABLE AcfiviTIES Unrestrirted Funds Restricted Funds End¢>wment Funds Total 2022 Total 20ZI General Assembly Assessments Property Costs Ministry and support staff costs Congregational running expenses Donations to Missions and charities Appeals Organised outings and events Refund of Grants Received Governance costs 18.868 18,868 18,198 62,769 29,133 1,194 14,332 10.982 995 1,338 19,098 26,418 51,480 23,802 18,198 62.769 28,233 1.194 14,332 10.982 995 138 12,737 3.204 1,2 1,280 111,070 46,739 157.809 138,019 7. FIXED ASSETS The congregation own5 the Church premises situated at 22 Steeple Road, Antrim. BT41 IDN, the manse situated at 16 Beechfield, Antrim, BT41185 and the associated fixture5, fittings. plant and mathinery. These have combined insurance value of £ 2,671.268.27 These assets are not reflected in the a55et5 shown Land & Property Fixtures,fittings & equlpment Totsl Total 2022 2021 Opening Balance Additions in the year 139.041 2.838 1,076 141,879 1,076 141,879 7,219 Closing Balance 139,041 3,914 142,955 149,098 8. INVESTMENTS The congregation has no investments. 14
High Street Presbyterian Church NOTES TO THE ACCOUNTS 31 December 2022 9. EMPLOYEES The church had S employees in the year {2022 - 5). 10. RELATED PARTY TRANSACTIONS Rev Colin Kerr Mc Dowell , a trustee, was paid remuneration of £ 36,983 and expenses of £ 7,176 as minister of the congregation. Pension contributions of £ 8,876 were paid by the congregation in respect of the minister to the Presbyterian Church in Ireland Pension Scheme120091. None of the other trustees lor any person connected with them) received any remuneration or benefits from the charity during the year. 11. GOVERNANCE COSTS Governance costs of £1.200 were incurred during the year ended 31 December 2022 and this relates to fee5 due to the Independent Examiner. Governance costs are included within Administration costs in the Receipts and Payments Account. 15
HIGH STREET PRES8YfERIAN CHURCH NOTES TO THE ACCOUNTS 31 December 2022 12. FUND BALANCE5 8olance at stort Disp0501s Additions Movement Tronsfer Balance ot end FIXED ASSETS Restrlsted Funds: General Fund - Fixed Assets Property Fund - Fixed Assets Youth Club- Fixed Assets Womens Group- Fixed Assets 71.464 68,885 1.725 71,464 68,885 2,215 881 490 142.955 490 490 143.445 BANK & CASH Bolan¢e at rtort Recelpts Poyment Surplus/ IDeficitJ TransAer 8olance ot end ilnrestrirted Funds General Fund - Bank 63.762 ICKI.357 -111.069 -10,712 6,900 59,950 63.762 100,357 -111,069 -10,712 6,9LKJ 59.950 Restrirted Funds General Fund - Bank Property Fund - Bank Whiteside Actount I Interest) Bequests . Gifts and investments Sunday School Account Sunday School Deposit Account Mornin8 Extra Account Youth Club Accounts Bowling Account Mens Group Account Fun Bowls Reach Out Group Account Youth Fellowship Account Mums & Tots Account Womens Group Account Church Choir Accourtt 13.732 30,540 -14.332 -18.098 600 -7,5C 38.160 2,123 530 12,442 43.102 2,125 20,543 1,178 2.355 1,107 2,929 121 122 20.013 20.013 174 -631 2,352 908 4,865 153 122 199 -1,936 -32 5,321 220 -7.257 -252 97 88 757 3,992 145 56 169 547 3,968 165 1,141 -1.1 -81 41 -81 210 24 -20 860 3,657 -650 -3,633 -20 55,122 77.177 46,740 30,438 -6.900 78,660 Endowment Funds Total 118.884 177.534 -157.809 19.726 138.610 16