CHARITY REGISTRATION NUMBER: NIC105010
Mourne Congregation Of The Presbyterian Church In
Ireland
Financial Statements
31 December 2023
UHY HACKER YOUNG FITCH LIMITED
Chartered accountants & statutory auditor
27-29 Gordon Street Mews
Gordon Street
Belfast
BT12LG

Mourne Congregation Of The Presbyterian Church In Ireland
Financial Statements
Year ended 31 December 2023
Page
Trustees, annual report
Independent auditor's report to the members
9-12
Statement of financial activities
13
Statement of financial position
14
Statement of cash flows
15
Notes to the financial statements
16-31

Mourne Congregation Of The Presbyterian Church In Ireland
Trustees. Annual Report
Year ended 31 December 2023
The trustees present their report and the financial statements of the charity for the year ended 31 December 2023.
Referellce and administrative details
Registered charity name
Mourne Congregation Of The Presbyterian Church In Ireland
Charity registration number
NIC105010
Principal orrice
Greencastle Street
Kilkeel
Co Down
BT34 4BH
The trustees
Rev Williaill Bingham
Archie Aldcrdice
Ivan Annett
Ronald Annett
Williain Annett
David Baird
Doreen Bartholomew
Gary Bingham
Jackie Blue
Jim Chestnutt
Edward Forsythe
W A Grills
Roy Hanna
J W Hanna
R J Hanna
James Henderson
Rodney McBride
Sidney McKee
Joseph McKibbin
Martin M¢Kee
David MoiTiS
James Morris
Eric Niblock
Gregory Nicholson
Robeit Patlerson
Thomas Patterson
Alan Skillen
Eric Skillen
James Stevenson
Brian Townley
William Turner
Stanley Annett
Gary Glenny
Raymond McKee
Maurice Skillen
James Stevenson
Company secretary
Williain Turner

Mourne Congregation Of The Presbyterian Church In Ireland
Trustees, Annual Report (contlnued)
Year ended 31 December 2023
Auditor
UHY Hacker Young Fitch Limited
Chartered accountants & slatutory auditor
27-29 Gordon Street Mews
Gordon Street
Belfast
BTI 2LG
Bankers
Danske Bank
58 Hill Sti'eet
NEWRY
Co Down
BT34 1 AR
Solicitors
Fisher & Fisher
l Newry St
Rathfriland,
Newry
Co Down
BT34 SPY
Strueture? governance and management
The Kirk Session
The charity trustees of the congregation are the members of its Kirk Session. Under the congregation's goveming
document, The Code, the book of the constitution and govemmeiit 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 witliin it5 bounds. It ensures pastoral care is in place in the congregation and s¢¢ks
to further the contribution of th¢ Church to Christian witness and service in the local community. The Kirk Session
has delegaled to its Congregational Committee the temporal affair5 of the congregation including adininistering
all funds and property belonging to the Congregation. Members of the Kii'k Session are ex-officio members of the
Congregational Committee.
The Kirk Session consists of the ordained minister and the ruling elder5 of the congregations. All members ar¢
entitled to propose. speak and exercise equal votes at meetings, except that ihe Moderator and the n]iiiislers in
active duty in the congregation, have no deliberative but only a casting vote.
Stated meetings of the Kirk session are held at least three times in each year or as appropriate. Exceptional meetings
were held during the year to deal with issues around church activities and Covid 19 restrictions.
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 by vote either by the
congregation or by the Kirk Session. Members are elected if they obtain two-thirds of the vote.
Presbytery
Under the Presbyterian Church in Ireland form of governance, the corporate oversighi of a congregation is the
responsibility of a Presbytery which superintends generally the spiritual and t¢mporal affairs of the congregations
assigned to it by the General Assembly of the Presbyterian Church in Ireland. Mourne Presbyterian Cliurch has
been assigned to the Presbytery of Newry within Presbyterian Church in Ireland. The membership of tlie
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 each congregation.

Mourne Congregation Of The Presbyterian Church In Ireland
Trustees. Annual Report (continued)
Year ended 31 December 2023
Structure* governance and management (conliiiiied)
The General Assembly
Tlie General Assembly is the supreme court of the Church. representing in one body the whole Church and acting
as its supreme legislative, administrative and judicial authority, in dealing with <11] matters brought before it. The
General Assembly is normally constituted during the first week in June for worship and to conduct its business.
At ihe end of business, it is dissolved. The meinbei'ship of the General Assembly consists niainly of the active
ministers of each Congi'egation, retired ministers and a representative elder appointed by the Kirk Session of each
congregFation.
Description and Purpose
Mourne Presbyterian Church is a congregation of the Presbyterian Church in Ireland. The Presbyterian Church in
Ireland. as a Reformed Church within the widcr 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 fulfillinL, God's Inission to our woi'ld.
The congregation's Inission purposes are by th¢ grace of God, to help people of all ages become fully devoted
followei'5 of Jesus Christ. Our vision is, by the grace of God, to be an inclusive, welcoming con)Inunity of Christ's
people of all ages, which:
is increasingly characterised by love for God, and love and concen) for others.
15 committed to the historic Christian gospel as reveal¢d in the Bible-
is relevant to people of this time and place.
The congregation aims to live out its Mi55ion 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 IMaturity in Christ.
An Outward looking Coinmunity.. 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 teaches on key niatters of Christian faith and practice.

Mourne Congregation Of The Presbyterian Church In Ireland
Trustees. Annual Report (continued)
Year ended 31 December 2023
Objectives and activities
The congregatioii meet5 for worship every Sunday and visitors are welcome to join. The Sacrament of the Lords
Supper is observed on several occasions during the year and all those who have been baptis¢d and who have Inade
a profession of faitli in the Lord Jesus Christ are admitted to Ihe Lord's Supper. The congregation holds regular
bible study and prayer meetings and has a wide range of organisations including;
Sunday School
Bible Classes
Midweek Fellowship Group
Crèche5
Childreii'5 Church
Sunday Knight Kids
Youth Fellowship Groups
Sinall Group Meetings
Boys Brigade
Girls Brigade
Presbyterian Women
Mens Fellowship
Badminton Club
Youth Club
Mothers and Toddlers
Walking Group
Ladies Bible Study Group
covering all spiritual and operational matters.
Achievements and performance
Worship and prayer
The congregation met foi. worship eacli Sunday at I1.30am and 7.00pm. During tlie week the Bible Study pi'ovided
an opportunity for members to meet for fellowship, to study the scriptures and for a tiine of prayer. Live Broadcast
services on Sunday mornings and evenings were available online with an averagFe online viewing of1,750 for the
morning and 800 for the evening services. The Trustees acknowledge and thank the Media Team for their
dedication and expertise in providing this service. The Inidweek prayer meeting and bible study was held on
Thursday evenings with an average attendance of 70 people. Full members classes were held in the Spring 24
people were admitted to The Lord'5 Table for the first tim¢ and 4 persons were received on transfer from other
congregations. There were 15 infant baptisms and infant dedicalions, 5 adult baptisms, l O weddings and 34 funeral
services. At 31 December 2023 there were 595 communicant memb¢rs and 1,004 familie5 connected with the
congregation. The Sacrament of the Lord's Supper was Served at evening worship in January and morning worship
in May and November. The average weekly attendaiice at worship was 770 in the morning and 370 in the evening.
The Trustee5 are very grateful to the 180 Band, Organist, Praise Band, musicians and choir who led worship
throughout the year. Many have been blessed through their ministry. Monihly services also look place in Brackney
Hall except for the summer months.

Mourne Congregation Of The Presbyterian Church In Ireland
Trustees. Annual Report (continued)
Year ended 31 December 2023
Achievement5 and performance {coiiliiiiierf)
Pastoral care
Meinbers of the congregation who are unable to attend church due to Sickness or age were visited by the m inister,
elders or by one of the coiigregation's pastoral visitors. Mr Ellis Hanna joined us as a Student Assistant parl time.
Mission and outreach
The coiigJregation supports the United Appeal for Mission which is a central fund of the Presbyterian Church in
Ireland. 'fhis fund enables coiigregations to support the wider mission of the denomination and to do mission and
outreach on a denominational ba515 beyond what the congregation could do on its own. The United Appeal Fund
provid¢s fiiiancial support for mission personnel at home and overseas, assists congJregFations with the deployment
of locally based staff, enables churcli planting, provides grant support for the upkeep of church preinises. assists
with the running ¢05ts of Union Theological College, the Church's training college for ministry studenls, and
financially supports congregations in the areas of worship. discipleship, global mission. outreach, leadership and
pastoral care.
The congregation also 5UPPOrts the work of the Student Christian Organisation of Malawi and variou5 projecls
relating to the work of The David Gordon Memorial Hospital in Livingstonia, Malawi. with a particular focus on
5UPPOrting the very poor and vulnerabl¢ member5 of the area.
The congregation supports various local charities including The Fishermen's Mission. The Southern Area Hospice,
Child Evangclisin Fellowship. Mourne Stiniulus. Mission Aviation Fellowship, Belfast City Mis5ioii, Prison
Fellowship, The Royal British Legion, Tlie RNLI and The Presbytei'ian Children's Society. The congregation also
supports, both financially and pi'ayerfully, menibers of our fellowsliip who decide to do short or long-term service
with mission focused organisations. Members who undertake study to prepare them for service both at home and
overseas also receive support from the congregation.
Presbytery
The congregation was represented at meetings of Presbytery by our minisler and two of the elders. This provides
an important link between the congregations and the wider structures of the church.
General Assembly
The minister and two of our elders were nominated to attend the meeting of the General A55embly of the
Presbyterian Church in Ireland. The General Assembly of 2023 was held in June.
Property
During 2023 the inside of the Meeting House was painted and general maintenance was provided.
Organisations -
Sunday School and Bible Classes met on Sunday mornings with an average attendance of over 250.
Sunday Knight Kids met monthly wilh an average attendance of 30.
Baby and Children's Crèche were held each Sunday morning. Attendance varied.
The Youth Fellowship group5 met in the halls each Sunday evening with a combined average attendance of120.
The Girls, Brigade met on Tuesday evenings with a varied prograinme of games, crafts, cooking and Bible Study.
No parents, evening was held this year but the GB organised a Christmas concert for parents. There are around
200 members plus officers and helpers.
The Mother and Toddler Group met on Wednesday mornings from 9.30am to I I.00am. Over 75 children are
registered a5 members from throughout the community.
The Boys Brigade Met on Wednesday evenings with a varied programme of sports. crafts games and bible study.
No Parents evening was held March. There are around 200 members plus leaders and helpers.

Mourne Congregation Of The Presbyterian Church In Ireland
Trustees, Annual Report (continued)
Year ended 31 December 2023
Achievements and performance (conllnued)
The Badminton Club met on Wednesday evenings.
The Presbyterian Women's Group met on the I st and 3rd Monday of each month and held a Presbyterian Women's
Service in March.
The Men's Fellowship met two times each month from Septeinber to May.
English Classes for people froin other countries living in our community were held this year on a Monday evening.
The Saturday Club met from January to March and Seplember to December.
Small group Bible Studies were held in the church halls throughout the year.
The Walking Club organised a several walks this year.
The Trustees wish to acknowledge their deep appreciation of Ihose who give freely of their time by serving on
committees and helping with organisalions and other church activities. They also thank oui. caretakers for the
excellent work in cleaning and maintaining the church properties.
Publie Benefit Statement
The Presbyterian Church in Ireland meets the public benefit requirement by providing benefit to its rnembers 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 (th¢ Westminster Confession of
Faith and the Shorter and Larger Catechisms) leading to spiritual and moral development and opportuiiities for
response to Bible teaching. In turn, tliis framewoi'k leads to practical expressions of Christian beliefs and standai'ds
in the local community such as through the care of those in need (including the sick, disabled and bereaved). A
team of volunteers was also establislied to do messages for those living in isolation during the period of Lockdown.
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 15 facilitated by central resources in almost
all cases. Public access is made kiiown through the use of noticeboards, printed material, press advertisement,
websites, and social media or in olher way5.
The benefits are deinonstrated through regular evaluation of the services and via infonnal, ad-hoc feedback from
members, their families, and members of the public.
The pury)ose 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 einployment. However, this is incidental and necessary in order lo further our charitable purpose. Tliere
are no oth¢r private benefits. The beneficiari¢s of this purpose are memb¢rs, their familie5, 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 coinmunities 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 aiid
individual niembers of tl)e piiblic.
The Kirk Session has had regard to the Charity Commissions public benefit requirement statutory guidance.

Mourne Congregation Of The Presbyterian Church In Ireland
Trustees, Annual Report (contlnuedj
Year ended 31 December 2023
Financial review
The congregation's main source of incoine i.s nieinber5' contributions tlirough the Weekly Freewill Offering. There
were 701 (2022 703) conlributors during the year, doiiating a total of £259,198 (2022- £239,462).
Total income during the year was £569.271, coinpared to £567.88] in the previous year.
Total expenditure for the year amounted to £533.604 (2022 - £498,650). The increase in costs was due to the
increase in organi5ational and general activity.
Net income recorded totalled £37,230 (2022 - £66,487).
Going Concern
The activities of the congregation are dependent on ongoing contributions from its IneInbers. The Trust¢es are of
the opinion that the congregation has sufficient resoui'ce5 at tlie date of approval of tliese financial statements to
meet commitmenls which will arise in the year froin the date of signing this report and subject to the continuing
support from members to fund on an ongoing basis the congregation's current activities and other financial
commitments.
R¢serv¢s Policy
The Trustees have considered the level of unrestricted reserves that 15 appropriat¢ to hold, taking account of current
and oJ]gJoing commitments. It is the policy of the Trustees to hold at least three month'5 normal expenditure. At
the year-end unrestricl¢d I'eserves were £841,673 (2022 - £785,420) which represents a higher level of reserves.
The Trustees however, consider it prudent to hold reserve5 at this level as ihe funding of it5 present activities is
dependent on the ongoing financial support of members.
Risk Review
A review of major risks has been undertaken by the Tru5tee5 and systems and procedures implemented to manage
identified risks. The principal risk5 are in relation to the likelihood of reputational damage and financial risks
associated with the expectation of ongoing financial support from members. These risks are mitigated by th¢
Trustees, and the Congregational Committee, regularly monitoring of the various activiti¢s of the congi'egJation at
stated meetings and by encouraging members in their regular giving.
Trustees, responsibilities statement
The trustees are responsible for preparing the trustees, report and the financial statements in accordance with
applicable law and United Kingdom Accounling Standards (United Kingdom Generally Accepted Accounting
Practice).
The law applicable to charities in Northern Ireland requires the charity trustees to prepare financial statements for
each year which give a true and fair view of the state of affairs of the charily and of the incoming resources and
application of resources, of the charity for that period.
In preparing these financial statements, the trustees are required to..
select suitable accounting policies and then apply them consistently.
observe the methods and principle5 in the applicable Charities SORP.
make judgments and accounting estimates that are reasonable and prudent.
State whether applicable UK Accounting Standards have been followed, subject to any material departures
disclosed and explained in the financial stateinenls-

Mourne Congregation Of The Presbyterian Church In Ireland
Trustees, Annual Report (contlnued)
Year ended 31 December 2023
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charity will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain Ihe
charity's transactions and disclose witli reasonable accuracy at any time the financial position of the charity and
enable them to ensure that the financial statements comply with the Charili¢s Act (Northern Ireland) 2008. They
are also responsible for safeguardiiig the assets of the charity and hence for taking reasonable steps for ihe
prevention and detection of fraud and other irregularities.
The trustees, annual report was approved on .
Z31s114
and signed on behalf of the board of trustee5 by..
Rev William Bingliain
Trustee
William Turner
Trustee

Hacker Young Fitch
Chartered Accountants
BELFAST
Suite 2.06, Custom House
Custorn House Square
Belfast, BTI 3ET
MOURNE CONGREGATION OF THE
PRESBYTERIAN CHURCH IN IRELAND
Phone +44 28 9032 2047
Email belfastQuhy-uk.corn
Web www.uhy-uk.comthelfast
INDEPENDENT AUDITORS, REPORT TO THE
MEMBERS OF MOURNE CONGREGATION OF
THE PRESBYTERIAN CHURCH IN IRELAND
LONDON
222 The Quadrangle
Cambridge Square
London W2 2PJ
Oplnlon
Phone 444 20 7305 7489
Web wthw.uhy-uk.comMestFninsler
We have audited the financial statements of Mourne Congregation of the Presbyterian Church In Ireland (the
'charity') for the year ended 31 December 2023 which comprise Ihe Statement of financial activities, the Balance
sheet, the Statement of cash flows and the related notes, including a summary of significant accounting policies.
The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom
Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable
in the UK and Republic of Ireland, (United Kingdom Generally Accepted Accounting Practice).
In our opinion Ihe financial statements..
give a true and fair view of the slate of the Charity's affairs as at 31 December 2023 and of its incoming
resources and application of resources, including its income and expenditure for the year then ended-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice.,
and
have been prepared in accordance with Accounting and Reporting by Charities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
102) and in other respects the requiremenls of the Charitie Acl (Northern Ireland) 2008.
Basis for opinlon
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS {UK)} and applicable
law. Our responsibilities under those slandards are further described in the Auditors, responsibilities for the audit
ofthe financial statements section of our report. We are independent of the Charity in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the United Kingdom, including the
Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in
accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and
appropriate to provide a basis for our opinion.
Conclusions relatlng to going concern
In auditing the financial statements, we have concluded that the Trustees. use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significanl doubt on the charity's ability to continue as a going
concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the
relevant sections of this report.
UHY Hackei Youw Filch 15 a Iiading name ol UHY 14atkpi Young Fiiih btnited
Re9iSleied to taiiy on audii wotk and auilioiised to carry OD Inve51meni business by ihe lThsiittslp ol ChartPTedA(countan15 ￿ Irdand
OCAII Ch￿Ie[e￿ A(iouniants IreIar￿ Is iho Dwrilln9 name ol IC
A meillb￿ ol ihp UW ￿￿kol Youn9 Group ol Indèpendent VK ￿l￿ner￿lIpS
A member ol UHY Inlernallonal. a Detwofk ol Independpnt a[counlin9 andconsuliing film5.
HelFihS Yow FffDSPdfj
CHARTERED
ACCOUNTANTS

MOURNE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF MOURNE CONGREGATION OF THE
PRESBYTERIAN CHURCH IN IRELAND (CONTINUED)
Other Infomiation
The other information comprises the information included in the Annual report other than the financial statements
and our Auditors, report thereon. The Trustees are responsible for the other information contained within the
Annual report. Our opinion on the financial statements does nol cover the other information and, except to the
extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our
responsibility is to read the other information and, in doing so, consider whether the other information is materially
inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise
appears to be materially misstated. If we identify such material inconsistencies or apparent material
misstatements, we are required to determine whether this gives rise to a material misstatement in the financial
statements themselves. If, based on the work we have performed, we conclude that there is a material
misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Opinlon on other matters prescribed by the Charities (Accounts and Reports) Regulatlons
(Northern Ireland) 2015
In our opinion, based on the work undertaken in the course of the audit..
the information given in the Trustees, report for the financial year for which the financial statements are
prepared is consistent with the financial slatemenls.
the Trustees, report has been prepared in accordance with applicable legal requirements.
Matters on whlch we are requlred to report by exceptlon
In the light of our knowledge and understanding of the Charity and its environment obtained in the course of the
audit, we have not identified material misstatements in the Trustees, report.
We have nothing to report in respect of the following matters in relation to which Charities Act (Northern Ireland)
2008 requires us to report to you if, in our opinion..
adequale accounting records have not been kept, or returns adequate for our audit have not been received
from branches not visited by us., or
the financial statements are nol in agreement with the accounting records and returns., or
certain disclosures of Trustees, remuneration specified by law are not made- or
we have not received all the information and explanations we require for our audit., or
the Trustees were not entitled to prepare the financial statements in accordance with the small companies
regime and take advantage ofthe small companies, exemptions in preparing the Trustees. report and from
the requirement to prepare a Strategic report.
Responslblllties of trustees
As explained more fully in the Trustees, responsibilities statement, the Trustees (who are also the directors of the
charitable company for the purposes of company law) are responsible for the preparation of the financial
statements and for such internal control as the Trustees determine is necessary to enable the preparation of
financial statements that are free from material misstatement, whether due to fraud or error.
10

MOURNE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF MOURNE CONGREGATION OF THE
PRESBYTERIAN CHURCH IN IRELAND (CONTINUED)
In preparing the financial slalements, the Trustees are responsible for assessing the Charity's ability to continue
as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis
of accounting unless the Trustees either intend to liquidate the Charity or to cease operations, or have no realistic
alternative but to do so.
Auditors, responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misslatement, whether due to fraud or error, and to issue an Auditors, report that includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee thal an audit conducted in
accordance with ISAS (UK) will always detect a material misstatemenl when it exists. Misstatements can arise
from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be
expected to influence the economic decisions of users taken on the basis of these financial slatements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures
in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities,
including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is
detailed below..
Our approach to idenlifying and assessing the risks of material misstatement in respect of irregularities,
including fraud and non-compliance with laws and regulations, was as follows..
The engagement partner ensured that the engagement team collectively had the appropriate competence,
capabilities and skills to identify or recognise non-compliance with applicable laws and regulations. As part of
the audit in accordance with ISAS (UK) we exercised professional judgement and maintairied professional
scepticism throughout the audit. We identified the laws and regulations applicable to the company through
discussions with directors and other managemenl, and from our commercial knowledge and experience of the
sector and we focused on specific laws and regulations which we considered may have a direct material effect
on the financial statements or Ihe operations of the company, including bul not limited to taxation legislation
and data protection, anti-bribery, employment, environmental and health and safety legislation.
We assessed the susceptibility of the company's financial statements to material misstatement, including
obtaining an underslanding of how fraud might occur. by making enquiries of management as to where they
considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud and
considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and
regulations. We obtained an understanding of internal controls relevant to the audit in order to design audit
procedures that were appropriate in the circumstances but not for the purpose of expressing an opinion of the
effectiveness of Ihe Company's internal controls.
To address the risk of fraud through management bias and override of controls, we performed analytical
procedures to identify any unusual or unexpected relationships,. tested journal entries to identify unusual
transactions and assess the risk of management override of controls,. evaluated the appropriateness of
accounting policies used, including managements, use of the going concern basis of accounling, and the
reasonableness of accounting estimates and related disclosures made by management; and investigated the
rationale behind significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures
which included but were not limited to agreeing financial statement disclosures to underlying supporting
documentation,. reading the minutes of meetings of those charged with governance,. and enquiring of
management as to actual and potential litigation and claims.

MOURNE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF MOURNE CONGREGATION OF THE
PRESBYTERIAN CHURCH IN IRELAND (CONTINUED)
Because of the inherent limitations of an audit. there is a risk that we will not detect all irregularities, including
those leading to a material misslatement in the financial statements or non-compliance with regulation. This risk
increases the more that compliance with a law or regulation is removed from the events and transactions
refiecled in the financial statements, as we will be less likely to become aware of instances of non-compliance.
The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves
intentional concealment, forgery, collusion, omission or misrepresentalion.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's websile at.. www.frc.org.uklauditorsresponsibilities. This description forms part of our
Auditors, report.
Use of our report
This report is made solely to the Charity's trustees, as a body, in accordance with Section 65 of the Charities
Act (Northern Ireland) 2008. Our audit work has been undertaken so that we might state to the Charily's
trustees those matters we are required lo state to them in an Auditors, report and for no other purpose. To the
fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity and
its trustees, as a body, for our audit work, for this report, or for the opinions we have formed.
Michael Fitch {Senlor Statutory Audltor)
for and on behalf of
UHY Hacker Young Fitch Limited
Suite 2.06, Custom House
Custom House Square
Belfast
BT13ET
Date..
23 IsILit.
12

Mourne Congregation Of The Presbyterian Church In Ireland
statement of Financlal Activities
Year ended 31 December 2023
2023
Restricted Endowment
funds
funds
2022
Unrestricted
funds
Total funds
Total funds
Note
ncome and endoivments
Donations and legacies
Cliaritable activities
Investment income
Other income
328,535
1,178
32,019
2,084
156,876
46,309
1,677
2,000
485,411
47,487
33,696
4,084
5 11.429
39,838
13,884
2,730
Total income
363,816
206,862
570,678
567,881
Expenditure
Expenditure on charitable
activities
296,452
237,152
533,604
498,650
Total expenditure
296,452
237,152
533,604
498,650
Net gains/(losses) on
investments
11
{296)
(1,267)
(1,563)
2,744
Net income
67,660
(30,290)
1,267
38,637
66,487
Transfers between funds
( i 0,000)
10,000
Net movement in funds
57,660
(20,290)
1,267
38,637
66,487
Reconciliation of funds
Total funds brought forward
Total funds Carried forward
785,420
,486,590
100,01 i
2,372,021
2,305,534
843,080
1,466.300
101,278
2,410,658
2,372,021
The statement of financial activities includes all gain5 and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 18 to 33 form part of these financial statements.
13

Mourne Congregation Of The Presbyterian Church In Ireland
statement of Financial Position
31 December 2023
2023
2022
Note
Fixed assets
Tangible fixed assets
Investtnents
15
16
1,262,469
141,677
1,266.805
140,113
,404,146
1,406,918
Current assets
Debtors
Cash at bank and in hand
17
92,049
955,556
81,944
927.377
1,047,605
1,009,321
Creditors: amounts falling due within one year
Net current assets
18
21,093
22,218
1,026,512
987,103
Total assets less current liabilities
2.430,658
2,394,021
Provisions
19
20,000
22,000
Net assets
2,410,658
2,372,021
Funds of the charity
Endowment funds
Restricted funds
Unrestricted funds
101,278
1,466,300
843,080
100,011
1,486.590
785,420
Total charity funds
21
2,410,658
2,372,021
These financial Statements were approved by the board of trustees and authorised for issue on
are signed on behalf of the board by..
and
Rev William Bingham
Trustee
William Turner
Trustee
The notes on pages 18 to 33 form part of these financial statements.

Mourne Congregation Of The Presbyterian Church In Ireland
statement of Cash Flows
Year ended 31 December 2023
2023
2022
Cash floivs from operating activities
Net income
38,637
66,487
Adjiislinenfsfor..
Depreciation of tangible fixed assets
Net gainsl(losses) on investments
Dividends, interest and rents froin inveslments
Other interest receivable and similar income
Accrued (income)/exp¢nses
6,136
(1,563)
(10,019)
<23,677)
(192)
5,466
2,744
(10,017)
(3,867)
1,543
Changes in..
Trade aiid other debtoi's
Trade and other creditors
Provisions
(3,429)
(934)
(2,000)
(11,674)
751
(2,000)
Cash generated from operations
2,959
49.433
Interest received
17,001
3,880
Net cash from operating activities
19,960
53,313
Cash flows from investing activities
Dividends, interest and rents from investments
Purchase of tangible assets
Net cash froin investing activities
10,019
<1,800)
10.017
(6,151)
8,219
3,866
Net increase in CAsh cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
28,179
927,377
57,179
870,198
955,556
927,377
The notes on pages 18 to 33 form part of these financial statements.
15

Mourne Congregation Of The Presbyterian Church In Ireland
Notes to the Flnancial Statements
Year ended 31 December 2023
General information
The cliarity is a public benefit entity and a regislercd charity in Northern Ireland and is unincorporated. The
address of the principal office is 17 Main Road. Ballyinartin, Kilkeel, Newry, Co Down. BT34 4NU.
Statement ofcompliance
These financial statements have been pi'epai'ed in cotnpliance with FRS 102. 'The Financial Reporting
Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice
applicable to charities pr¢paring their accounts in accordance witli tlie Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act
(Northern Ireland) 2008.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of
certain financial assets and liabilities and investment property measured at fair value tlirough income &
expenditure.
The financial statements are prepared in sterling, which 15 the functional currency of the entity.
Mourne Congregation of The Presbyterian Church in Ireland constitutes a public benefit entity as defined by
FRS 102.
Going concern
There are no material uncertainties about the charity's ability to continue. The Trustees have reasonable
expectation that the charity has adequate resources to continue in operational existence for the foreseeable
future. For thi5 rea50n they continue to adopt the going concern basis in preparing the financial statements.
To ensure this, the charity has a reserves policy to develop and maintain unrestricted reserves equivalent to
12 Inonths incoming resources without prejudicing the ongoing activities of the organisation.
Judgements and key sourees of estimation uncertainty
In the application of the charity's accounting policies, the trustees are required to make judgements. estimates
and assumptions about the carrying amount of assets and liabilities thal are not readily apparent from other
sources. The estiinat¢s and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results Inay differ from these estimates.
The estimates and underlying assumptions are received on an ongoing basis. Revisions to accounting
estimates are recogni5ed in the period in which the estiinale is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
16

Mourne Congregation Of The Presbyterian Church In Ireland
Notes to the Financial Statements (continued)
Year ended 31 December 2023
Accounting policies (coniliiued)
Fund accounting
Unrestricted fund5 are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitinenl.
Restricl¢d funds are subje¢led to restrictions on their expenditure declared by the donor or through the terms
of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds.
Where the Trustees make a transfer of funds from general funds to a restricted fund, the charity reserves the
right to transfer the unrestricted eleinent of that fund into general reserves at any time in the future.
Incoming resources
All income is recognised once the charity has entitlement to the income, it is probable that the income wtll
be received and the amouiit of income r¢¢eivable can be measlired reliably.
For legacies, entitlement is taken as the earlier of the date on which either.. the charity is aware that probate
has been granted, the estate lias been finalised and notification has been made by the executor(s) to the Trust
that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in
whole or in part, is only considered probable when the amount can be measured reliably and the charity has
been notified of the executor's intention to make a distribution. Where legacies have been notified lo the
harily. or the charity is aware of the granting of probate, and tlie criteria for income recognition have not
been met, then the legacy is treated as a contingent asset and disclosed if material.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised
at the time of the donation.
Income tax recoverable in relation to investment income is recognised at the time the investment income 15
receivable.
17

Mourne Congregation Of The Presbyterian Church In Ireland
Notes to the Financial Statements {continuedJ
Year ended 31 December 2023
Accounting policies (coNliiiuudJ
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which
cannot be fully recovered, and is classified under headings of the statement of financial activities to which it
relates:
expenditure on raising fund5 includes the costs of all fundraising activities, events. non-charitable
trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking activitie5
that further it5 charitable aims for the benefit of its beneficiaries, including those support costs and
costs relating to the governance of the charity apportioned to charitable activities.
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part
of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable
to a single activity are allocated directly to that activity. Shared cos15 are apportioned between the activities
they contribute to on a reasonable. justifiable and consistent basis.
Tangible assets
Tangible assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated
impairment1055es. All assets costing more than £ 1,000 are capitalised.
Cost includes the original purchase pi'ice, costs directly attribulable to bringing the asset to its working
condition for ils intended use. disniantlingJ and restoration costs.
The Charity liave utilised FRS 102 transitional rules for property and have included all property in use by
the charity at tlie date of ti'ansition to FRS 102 at deemed cost, being the fair value of the properties at that
time.
Depreciation
Depreciation is calculated so as to write off the cost or deemed cost of an asset, less its residual value, over
the useful economic life of ihat asset a5 follows..
Church Property
Fixtures & Fittings
No depreciation as residual values in excess of cost
100/0-25 /0 Straight line
The assets, residual values and useful lives are reviewed, and adjusted, if appropriate, at the end of each
reporting period. The effect of any change is accounted for prospectively.
Investments
Unlisted equity investments are initially recorded at cost, and subsequently measured at fair valu¢. If fair
value cannot be reliably measured, assets are measui'ed at cost less impairment.
Listed investments are measured at fair value with changes in fair value being recognised in income or
expenditure.
18

Mourne Congregation Of The Presbyterian Church In Ireland
Notes to the Financial Statements (contlnued)
Year ended 31 December 2023
Aecounling policies (coiillrtiied)
vestment property
Investment property is revalued to its fair value at each reporting date and any Changes in fair value are
recognised in pi'ofit or loss.
Provisions
Provisions are recognised when the entily has an obligation at the reporting date as a result of a past event.
it is probable thal the eiitity will be I'equired to transfer econoinic benefit5 in settlement and the aniount of
the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial
position and the ainount of the provision as an expense.
Provisions are initially measiired at the best estimate of th¢ amount required to settle thc obligation at the
reporting date and siibsequently reviewed at each reporting date and adjusted to reflect the current best
esliinate of the amount that would be required lo settle the obligation. Any adjustments to tlie amounts
previously recognised are recognised in income or expenditure unless the provision was originally
recognised as part of the cost of an asset. When a provision is measured at the present value of the amount
expected to be required to settle the obligJation, the unwinding of the discount is recognised as a finance cost
in the statement of financial activities in the period it arises, and is allocated to the appropriate expenditure
heading.
Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial inslruinents are initially recogiiised at transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently measured at
amortised cost using the effective interest method.
Defined eontribution plans
The charity operates a defined contribution pension scheme and the pension charge represents the amounts
payable by the Charity to the fund in resp¢ct of the year.
19

Mourne Congregation Of The Presbyterian Church In Ireland
Notes to the Financlal Statements (conlinued)
Year ended 31 December 2023
Donations and legacies
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Donations
Free Will Offering
Gift Aid
Loose collections
Stipend
District collec110115
Small donations scheme
Sunday school
Livingstonia
Mission5 Home & Abroad
Mid-week offering
Mi55ion boxes
Property fund
Orphan society
PW Harvest appeal
Belfast City Mission
Fisherman Service
Mission Comniittee
Moderators Appeal
Students Bursary
Other donations
259.198
48,304
13,513
3,021
274
2.000
259,198
48,304
13,513
3,021
274
2,149
905
64,156
51,212
5,220
1,283
3,228
9,533
3,562
4,681
1,068
11,055
189
149
905
64.156
51,212
5,220
1.283
3,228
9.533
3,562
4,681
1,068
11,055
189
2,225
635
2,860
328,535
156,876
485,411
20

Mourne Congregation Of The Presbyterian Church In Ireland
Notes to the Financial Statements (contlnued)
Year ended 31 December 2023
Donations and legacies (Coiilinued)
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Donations
Free Will Offering
Gift Aid
Loose collections
Stipend
District colleLlions
Small donations scherne
Sunday school
Livingstonia
Missions Home & Abroad
Mid-week offering
Mission boxes
Property fund
Orphan society
PW Harvest appeal
Belfast City Mission
Fisherman Service
Mission Committee
Moderators App¢al
Students Bursary
Other donations
239,462
43,916
10,647
2,768
176
2,006
239,462
43,916
10,648
2,768
176
2,006
810
90,351
51,788
4,452
1,692
2,306
9,786
3,263
5,785
1.404
4,375
33,568
116
2,757
810
90,351
51,788
4,452
1,692
2,306
9,786
3.263
5.785
1,404
4,375
33,568
116
1,421
1.336
300,311
211,117
511,429
Charitable activities
Unrestricted
Funds
Restricled Total Fund$
Funds
2023
Church Magazines
Mourne Presbyterian Women
Mourne Boys Brigade
Mourne Girls Brigade
Mourne Youth Council
Mourne Youth Fellowship
Saturday Club
Rainbows
1.178
1,178
8,339
19,498
10,441
3,000
3,593
290
1,148
8,339
19,498
10,441
3,000
3,593
290
,148
1,178
46,309
47,487
21

Mourne Congregation Of The Presbyterian Church In Ireland
Notes to the Financial Statements (contlnued)
Year ended 31 December 2023
Charitable activities (eonliiiued)
Unrestricted
Funds
Restricted
Funds
Total Funds
2022
Church Magazines
Mourne Presbyterian Women
Mourne Boys Brigade
Mourn¢ Girls Brigade
Mourne Youth Council
Mourne Youth Fellowship
Rainbows
1,015
1,015
5,215
3,684
9,133
(2,240)
22,247
784
5,215
3,684
9,133
(2,240)
22,247
784
1.015
38,823
39,838
Investment income
Unrestricted
Fund5
Restricted Total Funds
Funds
2023
Income from investment properties
Bank interest receivable
Other investment incoine- dividends
10,019
21,930
70
10,019
22,420
1,257
490
,187
32,019
1,677
33,696
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Income from investment properties
Bank interest receivable
Other investment income- dividends
10.017
2.502
72
10,017
2.666
1,201
164
1,129
12,591
1,293
13,884
Other income
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Youth Hall - reduction in provision
Other income & unpre5ented cheque
Grave fees
Photocopier
Use of Hall
Radio Ulster Broadcast Service
Energy Support Payment
2,000
2,000
407
160
17
50
250
1,200
407
160
50
250
1.200
2,084
2,000
4,084
22

Mourne Congregation Of The Presbyterian Church In Ireland
Notes to the Financial Statements (contlnued)
Year ended 31 December 2023
Other income (conliiiueil)
Unrestricted
Funds
Restricted
Funds
Total Funds
2022
Youth Hall - reduction in provision
Grave fees
2,000
2,000
730
730
730
2.000
2.730
Expenditure on charitable %ctivitie5 by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Advancing Christianity
Support costs
153.266
143,186
237,138
14
390,404
143,200
296.452
237,152
533,604
Unrestricted
Funds
Restricted
Funds
Total Funds
2022
Advancing Christianity
Support costs
153,259
124,742
220,638
10
373,896
124,754
278,001
220.648
498,650
Expenditure on charitable activities by activity type
Activities
undertaken
directly Support costs
Total funds
2023
Total fuiid
2022
Advancing Cliri5tianity
Governaiice costs
390,404
133,190
10,010
523.594
io,oio
489,691
8,959
390,404
143,200
533,604
498,650
23

Mourne Congregation Of The Presbyterian Church In Ireland
Notes to the Financial Statements {continuedJ
Year ended 31 December 2023
10. Analysis of support costs
Advancing
Christianity
Total 2023
Total 2022
Staff costs
Prem ises
General office
Finaiice costs
Governance costs
Depreciation
Support cost5 - Other congyregational costs
SLlPPOrt costs- Dr McGc1ughey Memorial
33,867
79,503
5,791
498
10,010
6,136
7.395
33,867
79,503
5,791
498
io,oio
6,136
7,395
31.194
60,228
5,336
381
8,959
5,466
7,550
5.640
143,200
143,200
124.754
11. Net gains/(Ios5e5) on investments
Unrestricted Endowment Tolal Funds
Funds
Funds
2023
Gains1(losses) on listed investments
296
1,267
1,563
Unrestricted Endowm¢nt
Funds
Funds
Total Funds
2022
Gains/(losses) on listed investments
(293)
{2.451)
(2,744)
12. Net income
Net income is stated after chargingl(¢r¢diting)'.
2023
2022
Depreciation of tangible fixed assets
Fees payable for the audit of the financial statements
6,136
3,840
5,466
3,600
13. Slaff costs
The total staff costs and employee benefits for the reporting period are analysed as follows..
2023
2022
Wages and salaries
Social security costs
Employer contributions to pension plans
94,539
7,076
13,363
89,156
6,976
12,688
114,978
108,820
24

Mourne Congregation Of The Presbyterian Church In Ireland
Notes to the Financial Statements (contlnued)
Year ended 31 December 2023
13. Staff costs fcoiilinued)
The average head count of eimployees during the year was 5 {2022.' 5). The average number of full-time
equivalent employees dui'ing the year is analysed a5 follows:
2023
2022
Minister
Ministry support
Maintenance
Other
No employee received employee benefits of Inore than £60.000 during the year (2022.. Nil).
14. Trustee remuneration and expenses
The Minister of the congregation, Rev William Bingham, is also a trustee. Rev Bingham received
remuneration of £53,175 {2022 £50,643) and expenses (including car allowance & mileage) of £9,094
(2022 £7,821) in his capacity as the Minister of the congrcgation. Pension contribution of £12,762 (2022
£12,154) were also paid to the Presbyterian Church in Ireland Pension Scheme (2009) in respect of Rev
Bingham.
No other trustees received any remuneration and no other trustees claimed any expenses during the year in
connection with their duties.
15. Tangible fixed assets
Church Fixtures and
Property
fittings
Total
Cost
At l January 2023
Additions
,235,000
111.405
1,800
,346,405
1,800
At 31 December 2023
1,235,000
113,205
1,348,205
Depreeiation
At l January 2023
Charge for the year
At 31 Deeember 2023
79.600
6,136
79,600
6,136
85,736
85,736
Carrying amount
At 31 December 2023
1,235,000
27,469
1,262,469
1,266,805
At 31 December 2022
,235,000
31,805
Church Property includes all properties owned and occupied by the Charity in Advancement of Christianity
and includes the Mourne Presbyterian Church building, Graveyard, Halls, Youth Centre. Apartment and
Manse.
Church Property was recognised in the financial statements using a fair value valuation as deemed cost on
transition to SORP 2015 (FRS 102).
25

Mourne Congregation Of The Presbyterian Church In Ireland
Notes to the Financial Statements (continued)
Year ended 31 December 2023
16. Tangible fixed a55ets (coiiliiiiied)
The valuation was performed by independeiit external valu¢rs, Osborne King, as at 31 st December 2015, on
the basis of Fair Value. Fair Value being the amount for which an asset could be exchaiiged between
knowledg¢able, willing parties on an arm's length basis in accordance with Financial Reporting Standard
102 'Th¢ Financial Reporting Standard applicable in the UK and Republic of Ireland, (FRS 102) and the
Charities SORP 2015 (SORP 2015}.
Given the nature of the properties and the high level of on-going maintenance to which they are Subject. no
depreciation is applied to Church Property. The residual value of Church Property is considered to be at
least equal to the deemed cost of the property.
Due to the age and nature of Church property it wa5 not possible to reliably state the historic cost of Church
property.
Fixtures & fittings are recorded a depreciated historical cost.
16. Investments
Listed
investments
Investment
properties
Other
investments
Total
Cost or valuation
At l January 2023
Additions
Fair value movements
36,838
100,000
3,275
140,113
1,267
297
1,564
At 31 December 2023
38,105
100,000
3,572
141,677
Impairment
At l Januliry 2023 and
31 Deeember 2023
Carrying amount
At 31 Deeember 2023
38,105
100,000
3,572
141,677
At 31 December 2022
36,838
100,000
3,275
140.113
All investments shown above are held at valuation.
Investment properties
Investment property at Greencastle Street, Kilkeel has been included in the financial statements at fair value.
The property was valued by Osborne King. Osborne King were independent valuers, qualified under the
Royal Institution of Chartered Surveyors, possessing relevant experience in the area. The valuation was on
the basis of Fair Value, as at 31 st December 2015.
Fair Value is the ainount for which an asset could be exchanged between knowledgeable, willing parties on
an ann's length basis in accordance wilh Financial Reporting Standard 102 'The Financial Reporting
Standard applicable in the UK and Republic of Ireland, (FRS 102) and ihe Charitie5 SORP 2015 (SORP
2015).
The Trustees consider the fair value of this property at the year end not to be materially different from the
professional valuation dated 31 December 2015.
26

Mourne Congregation Of The Presbyterian Church In Ireland
Notes to the Financial Statements (continued)
Year ended 31 December 2023
16. Investments (coiiliiiiied)
Financial assets held at fair value
Both listed and other investments are recorded at their fair value at the balance sheet date.
The fair value of the listed investments and the general investment fund are deterniined by reference lo the
quoted price for identical assets in an active Inarket at the balance sheet date.
17. Debtors
2023
2022
Prepayments and accrued income
Other debtors
22,765
69,284
13,493
68,451
92,049
81,944
18. Creditors: amounts falling due within one year
2023
2022
Trade creditors
Accruals and deferred income
Social security and other taxes
1,857
18,367
869
2.904
18,559
755
21,093
22,218
19. Provisions
Youth Hall
At l January 2023
Annual ownership movement
At 31 December 2023
22,000
(2,000)
20,000
Construction of the Youth Hall at Greencastle Street. Kilkeel was a joint project between Mourne
Presbyterian Church and a third-party government funder.
Under the agreement between the parties, Moume Presbyterian Church's percentage ownership of the Youth
Hall increases annually with the passing of time, until it will own l 00 % of the asset. As the full value of
the asset has been reflected within the fixed asset, a provision recognising the government funder's interest
in the asset has been recorded.
27

Mourne Congregation Of The Presbyterian Church In Ireland
Notes to the Financial Statements (contlnued)
Year ended 31 December 2023
20. Pensions and other post retirement benefits
Pension contributions
The ainouiit recognised in income or expenditure as an expense in relation to defined contribution plans was
£13,363 {2022.' £12.688).
The charity operates a defined contribution pension scheme for it5 employees. The assets of the scheme are
held separately froin those of the cliarity in an independently adininistered Fund. The pension cost charge
represents coiilributions payable by ihe charily to tlie fund and amounted 10 £601 {2022 £534).
Contributions totalling £13 8 (2022- £127) were payable to the fund at the balance sheet date and are included
in creditors.
The minister (and 2018 Associate Minister) of the congregation is a member of the Presbyterian Church in
Ireland Pension Scheme (2009). This is a scheme operated by the Presbyterian Church in Ireland, a separate
registered charity. The congregation pays an assessment to tlie Presbyterian Church in Ireland equivalent to
the employer's pension contributions for the Scheme and based on the stipend paid to the minister.
The Presbyterian Church in Ireland Pension Scheme (2009) 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
separately administered fund managed by a board of trustees. The Presbyterian Church and the Scheine
Trustees have agreed a funding plan to ensure the Scheme is sufficiently funded to meet current and fului'e
obligations. A forn]al schedule of contributions was drawn whereby the Presbyterian Church agreed to pay
conlributioiis of 24 /0 of pensionable salaries to cover tlie accrual of benefits for future service, expenses, the
cost of insuring death in service benefits and funding the scheme deficit.
During the year the charity made payments of £12,762 (2022 £12,154) to the fund. There were no
contributions outstanding at the balance sheet date in the current or prior year.
21. Analysis of charitable fund5
Unrestricted funds
Gains and
At
1055es 31 Dec 2023
At l Jan 2023
Income Expenditure
Transfers
General funds
785,420
363,816
(296,452)
( i 0,000)
296
843.080
Gains and
At
losse5 31 Dec 2022
At l Jan 2022
Income Expenditure
Transfers
General funds
765,292
314,647
(278,001)
(16,225)
(293)
785,420
28

Mourne Congregation Of The Presbyterian Church In Ireland
Notes to the Financial Statements (contlnued)
Year ended 31 December 2023
21. Analysis of charitable funds (continued)
Restricted funds
At l Jan
2023
Gains and At 31 Dec
losses
2023
Incom¢ Expenditure Transfers
Church Buildings
Investinent Properties
Belfast City Mission
Livingstonia Fund
Missions Home & Abroad
Oiyhan Society
PW Harvest Appeal
Mid Week Offering
Property Fund
Mission Boxes
Fishern)ans Service
Earl Haig
Moderator's Appeal
Newell Bequest Income
Sunday School orrering
Student Bursary
Mission Committee
Mourne Presbyterian Women
Boys Brigade
Girls Brigade
Mourne Youth Council
Junior Youth Fellowship
MPC Choir
Monday Club
Thursday Club
Saturday Club
Rainbows
Badininton
.213,000
loo,000
5.785
64,802
27,969
1.769
497
.884
10,415
1,141
2,000
1,215,000
loo,000
4,681
38,876
29,494
1,767
593
1,739
13,643
978
4,681
64,156
51,212
9,532
3,562
5,220
3,228
837
1.068
635
189
,283
905
(5,785)
(91,082)
(49,687)
(9.534)
1,000
(3,466)
(5,365)
( 1,000)
(1,068)
(635)
(5,700)
(1,265)
(700)
5,511
1,160
736
1,178
941
11,055
9,302
19,509
10,444
3,006
3.597
(8,305) (1.000)
(11,038) {1.534)
(31,158)
9,276
(5,145)
(8,276)
(6.485)
i 0,000
(1,841)
4,000
(224)
(30)
(8)
(16)
(1,051)
(30)
1,750
29,659
3,997
1,829
6,561
10.041
94
440
84
1,966
331
658
32,929
6,370
4,806
40
4.285
318
470
92
1.690
234
687
292
1,148
1,486,590 206.862
(237,152)
10,000
1,466,300
29

Mourne Congregation Of The Presbyterian Church In Ireland
Notes to the Financial Statements (continued)
Year ended 31 December 2023
21. Analysis of charitable funds (coiiliiiued)
At l Jan
2022
Gains and At 31 Dec
losses
2022
Income
Expenditure Transfers
Churcli Buildings
Investnient Properties
Belfast City Mission
Livingstonia Fund
Missions Home & Abroad
Orphan Society
PW Harvest Appeal
Mid Week Offering
Property Fuiid
Mission Boxes
Fishernian5 Service
Earl Haig
Moderator's Appeal
Newell Bequest Income
Sunday School Offering
Student Bursary
Mission Coinmittee
Mourne Pr¢sbytei'ian Women
Boys Brigade
Girls Brigade
Mourne Youtli Council
Junior Youlh Fellowship
MPC Choir
Monday Club
Thursday Club
Saturday Club
Rainbows
Badminton
1,211,000
100,000
8,370
22,966
18,583
1,730
602
,607
8,109
1,259
2,000
1,213,000
100,000
5,785
64,802
27,969
1,769
497
1,884
10,415
5,785
90,352
51,788
9,786
3,263
4,452
2,306
882
1,404
1,421
33,568
1,225
810
115
4,375
6,067
3,690
9,135
(2,237)
22,259
(8,370)
(48,516)
(42,402)
(9,747)
(3,368)
(4,175)
( 1,000)
(1,404)
90
(28,057)
5,511
1,160
736
1,246
526
(600)
(115)
(10,450)
(10,083)
(3,506)
(6,925)
625
33,577
6,186
2,596
5,694
9,218
388
500
100
1.964
128
716
5,450
3,368
32,929
6,370
4,806
40
4,285
318
470
92
1,690
234
687
8.400
2,375
(29,567)
(70)
(30)
(8)
(276)
(678)
(30)
784
1.437.780
253,233
(220,648)
16,225
,486,590
Endowment funds
At l Jan
2023
Gains and At 31 Dec
Transfers
losses
2023
Income Expenditure
Newell Bequest Endowment
100,011
1,267
101,278
At l Jan
2022
Gains and At 31 Dec
Transfers
losses
2022
Income Expenditure
Newell Bequest Endowment
102,462
(2,451)
100,011
30

Mourne Congregation Of The Presbyterian Church In Ireland
Notes to the Financial Statements (continued)
Year ended 31 December 2023
22. Analysis ol net assets between funds
Unrestricted
Fui)ds
Restricted
Fui)ds
Endowment Total Fuiids
2023
Tanglible fixed assets
Investinen15
Current assets
Ci'editors less tlian l year
Provisions
27,469
3,572
833,132
(21,093)
1,235,000
i 00,000
151,300
1,262,469
141,677
1,047,605
(21,093)
{20,000)
38,105
63,173
(20,000)
Net assets
843.080
1,466,300
101,278
2,410,658
Unresti'icl
Fiinds
Reslricied
Funds
Endowinenl
Funds
Total Funds
2022
Tangible fixed assets
Investinents
Ciirrenl assets
Crcditors less than l year
Pl'ovisions
1,235,000
100,000
173,590
1,266,805
140,113
1.009,321
(22,218)
(22,000)
2,372,021
36,838
63,173
772,:,5P
(?2,)18}
(22,000)
1,486,590
Net asset5
78<,420
100,01 I
23. Analysi5 of changes in net debt
At
31 Dec 2023
At l Jan ?023 Cash f]ows
Cash at bank and in hand
927,377
28,179
955,556
24. Related parties, trustee rem uneration an(1 expe115es
The Minister, Rev William Bingliain is considered lo be key Inanageinent personnel of the charity. Total
reinuneralion paid lo R¢v Bingham by way of Iiis einploN'nient with the Church is detailed in Note 15.
Rev William Bingham occupied residential church propertw al Manse Road, Kilk¢el (The Manse) in his role
as Miiiisler of the coiigJregatioii. Rev. Binghaim was not chargFed rent for use ot this property.
Duriiig the year the charity donaled £6,000 (?022 £'7,urg) lo Gary Binghain (a trustee) in support of his
work the Belfast City Mission.
31