CHARITY REG15TrATION NUMBER: NIC105045
Bangor West Congregatlon
Of Th8 Presbyterlan Church In Ireland
Financlal Statements
31 Decembor 2022

Bangor West Congrngatlon Of The Presbytarlan Church In Iroland
Irldepondent Auditoes Rèport to tho Mémbers of Bangor Wost Congregatlon Of
Thé Pré$bytsrfan Church In Ireland
Year ond8d 31 Dècèmber 2022
Oplnlon
We authted tho Ilnanciol Jlatoments of BaTW We81 Congregatlon 01 Tho Preswian Church
In Ir8land (￿ 'ch8rlty) for Ihe year 8nd8d 31 Decamb8r 21J22 wthlch comprfse Iha 6taternent of
flnandal acfivlllos, 8tatement of thanclal po8lllorK 8tal*nent of ￿8h flows and the rolatsd notes,
Incjudkng a Summary of 8lgnfflcant accoUn￿g pollcl89. Th? flnandaj reportlNJ frame*Thk ttb2t h86 b8on
appll8d h th8lr pr8PBratlon18 appllo8blo Jaw and Unled Klngdom Ac￿n￿ry StarKl8rd4 Inoludlng FRS
102 Ttrkq FknonGlal Ryrtkng Slandard In th• UK and Rqpubk of lrnland (Unlled Klngdom
QGnerallyA¢*ed A￿*￿ntIng Pr1d1￿
Ift Our oplnkn the fmanclRI 8t4tthnents.'
8 true and f•lr vlew of the state of Ihe charW8 offalr8 as at 31 Decamber 2022 and of118
inthmthg resource8 and applloallon of rethiw Inoluthw Inooma and lor the
Ar thon ènd￿.
have b8en proparfy propAr•d kn •ccordanc• *rflh UnFted Klrwdom Generalty Ae* Accounllry
havg be8n prnpared In aci*rd&nc8 wlth th• r8qulrom8nt8 of tha Charlllo8 Act (Norlhem Ir•k￿l>
2008.
sl• for oplnlon
We Conducted our autht In aceordanca Allh Inlematlonal StarMlard8 (m Awjlttng (UK) (ISAJ (UK)) and
•ppllcabh l•w. O(K re8ponsUIIUe8 under t1Th0 thndafds Ore fiKlh•r do¥crl)gd In tha audftof&
re8ponslblHlla8 for tho audlt of th6 flnanGlal statsment8 SéCtl¢)n of our rnport. We are Ind8pandent of
th• ¢hBrty In accordanoe ￿ the 8lhlcBI rBqthr*M•nts Ihat we 1oJ6v4nt to our audlt ¢1 the th8ndal
8tat8mgn18 In Iha UK, knclthg the FRC'S Ethkal Standard, aTNJ tho provl8lons avallablè for 8mall
•nItt08, In tho cfrcumDthn¢88 Qut balow. and ￿ have ￿MIlad our othor othlcal mponslblllllas In
accordancé wllh th88e r•qulr•ments. Wo bellffi thot Ihe audjt evknKo w• have obtaiwI18 oufflahnt
and approprlato to prorfde a ba818 for tyjr ¢plnlM.
In Common mAny othor thufeh88 our audnors 88818t preparntlon of lh8 finandal
8rat4monts.
ConGlu•lpn• r•latlng to g•lng GOft¢•m
In th• flnanclftl 8toteman18, ￿ hav6 cond￿18￿ U*t thfj tru8teo* u80 of th• gc4ng conc8m
b881s of acccunung In the prepwallon of the Ilnawl statements18 apprq>rlat•.
Ba8ed on the work w8 have pwbmied, we havo not Idonufiod ary mat8rlAI unc8rt81nllos r8laUng to
events or ￿nd[dOn$ lha( hthvklually or colle¢Uwly. moy cast slgnfknnt doubt on the charty8 abllltyto
continue 88 a oolng conoem for a ￿}*Od rf at loa8t twelvo months from wI￿n tha Ilnanclal 4latsm8nt8
ar• alrthorf￿d lor18wo.
r r88pon•b111l•8 and Iho reBpcMlblllUe• of Iho Mlpoct k¥ golny concom are d•8olbed
kn th• rnlMr* Mcffons of this report.

Bangor West Congregation Of The Presbyterlan Church In Ireland
Ind•p8ndont Audltof8 Raport to the Members of Bangor Wost Congregatlon Of
Th• Prn•Wrlan Church In lrnland
Year ended 31 D8c•fflbgr 2022
Olh•r Inforniatlon
(thr InfLYmaiion 4ximpr158• tho lrfomiatlon Ind￿¢d In the annual rwt, other than the Ilnanclal
8lat8ments and 4Jur audlc¢s r6POrt Ihereon. Tho trustoes arn re8ponslble for tho Othèr Inforniallon.
Our oplnlon on the 11nano1￿ atalements (kJe4 not Gover me other Informafjcm and, • to tho extént
other￿188 OXF￿1011￿ Stated In our roPYrt, ￿ do not •xprgs8 aryform of al8w￿ce conduskn thoroon.
In ConnBdI(￿ wtth our audft of Inanclal 8talom¢nt8, respoMlbTOty 18 to road tho othor
Informalon and. In dolng 80, consldff wtthr thé Qthor m*fally incon818t8ni wlth th&
fflnardal strtem￿ts or our kncfivledgo obtaln•d In the audli or oth6MF88 appofir8 to b8 materlat
mlsjtated. ff w• IdenlKy S￿h mat*1 Inc<Thl8tende8 ty apparent m8torlal m18s1a1e￿1I wo are
io d8lamilno *l18thor tharn 18 a mBtorf*l m188tatwnent In th• IlnandBI 8tatem•nts or
matsdal mlJstat8mont of the olhor Intomwtlon. 11, ba￿d orb th• we hw¢ perfonnod, ￿ ￿nCIL
that Ihere IB a ftlatsrfal m1••tal0rn￿t of INB dher Infomidon, we are rnqulr¢d lo report that f8¢1.
We have nolhlng tc ryrt In th1¥ regard,
Matt•r• on whl¢h w• ar• r•qulr•d tQ MPQrt by •x¢•ptl•n
In th8 Ilght of the kn￿￿ledge WKI undor8tandlng of tho thlrlty and It8 0￿ronment obtalned In
courng cl Ihe I￿J11, ￿ havg not Id8nUfi•d mat•rlal m188tat8monts In tho InJsl•09' rwrt.
We tAVO nothlng to report In reopxt of the follo￿lr@ mattorn h relallon ID whloh the Chaflkn Act
(North8m Ifoland) 2008 r•qulrn8 us to roport to y>u W. In our ophkn:
th• Infoffl￿n glv8n In thè tru•te•s' rqport 18 Incon￿•tant In any M8pe¢t *llh Ihe
flnanclal 8tatomonlA: (Y
ad8qUJt8 accwntlrrfj racord8 havo not kepL'
tha flnandal statomorts aré nc4 kn ogreemenl vllh the •c￿un￿9 r•Mrd8 a￿1 rètums; cr
we not rgcelwd all th• lrfomwllon axplanakns w• requlrn for our audlt.
R•¥pon•lbllltl•• of tru•ts
AB explalnèd mor• IIAty In tho trU￿t￿, roBwxlbllltl08 8latement, ttb8 tru8téas are r6spon8lble for th•
8p8rnlknn ol tho fknonclgl 8tatement• a￿1 for belrvJ 8all8fwd Ihat thoy glve a true and lalr vlgw, and
for 8uth knt•mal control 48 Ihe trusleés detgrmlne18 n8ceg•8ry to enable tho preparntkjn of than¢l81
8latem*)ts Ihat aTP free frc4n materfal ml88talwTr•nl, whèthar duè b) frwd orérror.
In wepathg tho nnanclal sfalwn•n18, the tnwteeB arè rn8pDnBlble for aswglng Ihe thorW8 ablllty to
a8 a gDkJg (xJnr*m, dls(*)$kng, a¥ opplk8Ue, mattwA related to (YJnc6rn and utho Ihe
gtslng cMc8m ba¥& ol acco￿tIng Lmles8 the tru8t608 elthw Int4￿1 lo Wld8t6 tho ¢Jwlty or lo cea88
opernllons, or havè no rn811811¢ altèrnatlvg but to do 80.

Bangor West Congregatlon Of The Pre8byterlan Church In Ireland
Indèpendent Auditorfs Report to the Membars of Bangor West Congregatlon Of
Tho Prnsbytorlan Church In Iraland (¢onthu•d)
Year end8d 31 Dacembor 2Q22
Audltof• r••pon•lbllltlM lorlh• audtt of th• flnanclal •lat•m•nts
Our objth are to obtakn rnasonable aS8ur8nc8 about ￿thether tha financlal state￿￿nts 8$ a who
are free from malerlal rnlsstatsrMn( whether du8 to fraud or •rror, and b i8BU& an audllorfj r4)ort Ihai
Include8 our oplnlon. Rea8onabl6 88surance18 a hlgh lavel of as8uranc8. bul Is not a guarants8 that
an audit con￿¢10d In wKordance wlih ISA8 (UK) vlll alway8 detect a material misstatèmont ￿en
8xl8ts. Mlg*lemonts ¢an arf•e from fra￿1 and are ¢cnsldgrod matorfMI Y, IndI￿d￿lIty or In the
aggrngat•, tt*y e()uld rna8onably b8 axpKl8d to In11￿nCe thè e(o)nomlc dorJ8lonB of usern tok•n on
th? ba818 oflha•• Ilnandal ￿Ments.
Irregulathl. IrKiudlng fraud. are h13tsnc85 ol nonveompManc8 Mllh laws and regulatsons. We deslgn
prOc￿ureS kn Iln8 wlth our r8gponslbllltles. oulHned above, to dotecl mat8rfal mlgstatoments In respect
of Irrngularllks. kndudlNd fre￿1. The oxtwt to whkh our are oapglle of detecllng
Irragularf0￿ hcludlrvj fraud h d•*alled
W• d*cu•￿I4WB & r•gulalkTh and frnud rfek8 &Jrfnu I￿r planrtng procadurn8. W• c4)n8klgr
Iht fraud, If It wwe ts) occur, would rn08t Ilkety Invofva the ml8approwlalk)n of In￿Me. Audlt
oGedurq8 woro pl8nnod and porfomi¢d to a88QBB proc88008 for rernrdlro Ihe dlfferent 80urcas of
Income. We remaln mlndful that fraud, ty tts very nature, may b8 dlfflthjlt to detect bul we have leBted
controls kn plac• and con8ldar Ih81 our audlt ha• a r•osonabla chanco of detectkng a m•tèrlal fr4wJ In
th18 area.
A8 part of an 8udn In a¢c•xdanc* ￿1h 18A8 (UK), ￿ •XiYcl•• profeB8loMI Judgm•nl and malntaln
prolegllonal 8ceptld8m throughout th• audlL W• akn:
Id8nUfy and a8$è8s rlBk8 of mat•rf41 mlBStatem•nt of th• nnanclal 8tatements. wh8ther due to
fra￿1 QT em)r, daslun and pèrfomi audlt proced￿ r•spon81vg kn thoBa rlsk8. and obtaln audlt
OVIden￿ that 19 8ufflcJ8ni and approprtsto to provSde a ba8Lv for our oplnlon. The rfgk ol nol
detodlng a matorlal mlsBtstam8nt repultlng from frgud f8 hoglw then for one resulJrnJ frorn ermr,
o• fraud may Invofve ffjlftjglon, fory8ry. Inl•ntbMI 0ml•JI￿1, ml8repr•8onlatlon8, or the ov•rrldg
of knt•rnal contral.
Obtdn an undorntandknll of kntsmal control reIevant to the audlt In lxder tr• d8slw audlt
PTocedura8 that are apprcprfata In Ihe drcum8tanoe8, bul nol for the purpose of ex￿581n9 an
oplnkn on tho aff8etlv8ne38 of thè Inl8rnal control.
Evaluah lh• approprfaterw of aecaunth¥ wllcl88 u8ed and th8 reo•anablfjnw rf 8(xX)￿onG
•8llmateJ and relat•d d18cI(wm mgde ty th• tru8t694.
Condudé ￿ th& approwlaleness cf the lrnst8è9' use of the cO￿8M ba8ls of accountlng
and. b8aed ￿ th8 athir£ avldènce obt8lnod, wheth¢r a matorfal un¢ertalnty exl8ts relaled lo
ovonts Qr condmons Ihat m8y Gq8t 8tgnlllo•ht thwbl on thè tharws sblllty to C4xUnu8 88 a golng
COn￿M. If conGlud8 that 8 materfal unrnrtthty •xlBts, wo 8rn TBqulred lo draw attentlon In our
8udltrf* report to the rolated dl$dosweB In the IlnatKI?16talemonl8 or, If such disclosures Ar•
Irwde(JMt8, lo modlfy OLf LyknFon. Our conohMlon8 dre ba80d on Ihè au¢lt evhlwtce obl•ln￿ up
to tho date of our audIt￿6 ropNL Hmvor. fvturn 8vehts or ttffldfl¢HI8 may Cau88 tha ¢harfty to
cè&& to (xnllnue ag & gokng corKam.
Evaluote lh• overall pre8entatlon, structum and content of tho fin￿(￿￿1 gtatements. Indudlng tho
dlsclosMJrnJ, and whether the flnanclal slatements ropres•nt tho undertykng tr8nsacllon8 ond
In 8 monner that xhlav88 fAlr pr8sentBtlon.
.11-

Bangor West Congregation Of The Presbyt•rlan Church In Ireland
Independent Audltorfs Report to tho Members of Bangor Wost Congregatlon Of
The Prasbyterfan Church In lrnland (conun￿)
Y•ar end￿ 31 D•G•mbor 2022
WO c<xnmunk8t8 wllh those tharged th gfftmanco ryrdlro. 8mong olher matters. Ihè plann8d
8cop8 and Ilmkno of the audll and $lgnllkant audit findlng9, kncludlng any ¥igrllc8Trt delkIend￿
Intémal ¢ontrd that w• Ide￿Ify durlrva ouraudlt.
Use of t)ur ryort
Thls r¢port18 mado 801dy to th¢ charfty8 mwnbers as • body, In accxydance ￿tsI￿n 65 of the
Charltleg Act (NoTlhorn Ireland) 2008. Our au(It h88 been undortak8n so tlwt mbht to
tho mambers th080 mallws we aro roqulrod to 8latO to tham In an audftofs report and for IKJ
ofvr wrpo8e. To thè fv11gst oxtent ￿lmItted by18w, we do not accept cr a8JLMn• Mpwsbilliy to
Othfjr than tho charty and tho t*arltys momborn 88 a trA>dy. fry our a￿lIt ￿￿rk, for thls reprt
or fc¢ the oplnk)ns wo havo tumed.
Mulr & Addy
Chortared attauntants 8 81alutory audltor
427 Hol￿r￿d Road
Belf4St
BT4 2LT
24 Aprl 2023
12.

Bangor West Congregatlon Of Tha Presbytorian Church In lrnland
statornont of Flnancial Acllvltl88
Year èndod 31 Dac•mb8r 2022
2022
2021
fund8
funds Totsl fund• T¢knl fund8
In¢om• and •ndownMnts
D￿tIOnS and logacl85
Charlt8blo aclMtle8
In￿SImont Inc(Mne
438.929
13.882
1.986
454,757
160
&5,122
599.$02
1,230.082
98,687
1.767
1.330,496
2,421
700107
Total Incom
0,150
Exp•Tr(Itw•
Exp8ndlhr8 ￿ Gharllablg aclMIi•8
Total •xp•ndlluY•
440.234
440,234
204.076
294,078
734,310
734,310
861.021
681,021
(gXpondl￿r•Ylne￿m•
14,523
(47,926)
(33,403)
669,476
Tramlarg b•tween fund8
{37,020)
37.020
N•t mov•rnt In fvnd•
(22,4971
(lo,￿)
P3,403)
869.475
R•con¢lllallon of fvnd•
Tolal ￿ndS brought lorward
Tolal fundB ￿TrIed foThvard
1,428,423
1,405,926
193398
182,392
1,621,721
1,088,318
952,246
1,621,721
T￿ Statemont of Ilnandal acbthi8 In(Judes all goln8 8nd108w roC￿lS0d In th8 sw.
All Income and expendI￿rn d•blve frorn ry)ntInuI￿ aclMIio8.
Th• notsB 4>n pty•• 16 to 26 fomb part ol th•s• flnartd￿ st*mwits.
13-

Bangor West Congregatlon Of The Pwbyterian Church In Ir8land
8tatemont of Flnanclal Pogltlon
31 Docambar 2022
2022
2021
Flx•d a88ats
TanglNe ffxod a88818
13
700.171
700,171
Cyrrnrtt
Debtor8
Cash at bank In hand
14
31.582
859,205
890.787
32.t20
891388
925,(M)8
Cr•dltor8: amounts falllng duo wlthln on• y•w
N•t ¢uYr•nt ass•ts
Totsl l•M cuTr•nt Ilthlllllés
ag•ats
15
2,640
3,458
921,550
1.821,721
1,621.721
088.147
1,588,318
1,588.318
Fuftd• of th• charlty
181392
1,404926
1,588,318
193,298
1.428,423
1.621.721
Lffirwtrlt￿d fiJnd8
Total charlty funds
17
Th088 Ilnanclal statomants wera apwovod by tha Doaffj th ru8w8 and aut
Awll 2023, aThJ are 8IBnfjd on b8hdf of tho b¢xrd W.
ad for Isryuo on 24
MrJ Ev
Tru¥tee
T(u8tae
Th• nol•• on p8gB8 16 ts 28 fonn partof th••• flmnclal •tse•ffl•nts.
.14.

Bangor West Congrngatlon Of The Presbyterian Church In Ireland
Statem•nt of Cash Flows
Y•ar ended 31 Déc•mb8r 2022
2022
2021
Cash flows from opornrfng aethllll
Net {eXp￿d￿Ura>￿nc0rnO
PI403)
869,475
Affjuslm•nts for.
oth¢r Interest reG?Ivablo and oknllaf Incom•
Ac<ru￿ expon$eB
(1,767)
Trade and i?th0r debtorn
Trade and clher crgdllorn
Cash generatod from oper81i¢mi
Intera8t Mcalved
N•t caBh (u•ad InTrm OPOrnllw acM188
1,038
11,058)
(38,6041
2A21
(33,1831
(4A52)
1260)
662.996
1,767
664.783
{dKr•wylrtr•a•• In cash and ca•h •qulvalonts
Ca•h •nd ca•h oqulval•nt• at b•9lnThlng of y•ar
Ca•h and cA•h •qulv41•nt• al •nd Of y•ar
133.103)
892,38a
859,205
664,783
227,625
892,388
Th• nots• on pag•J 16 to 26 foiiii pirt of Ih•w nnandal 8l•tsmenis.
.15-

Bangor W8St Congregatlon Of The Prasbytorlan Church In Ireland
Notss to th• Flnancial Statèménts
Year ended 31 DgG•mbtr 2022
Gèneral Informatkni
Tha charfty 18 a pLI)Ic ben￿ entlty and a f¢Li81Bred charny In Nortp￿rn Ireland and Is
unlncorportsl. Th• addrets af the wtnclpBI off[¢8 15 91 C*avAord8bum Road. Baw, BT19
1 8th1￿0nt ol ¢ompll•na•
TheB8 flMrKlal &tat8m8nts havg bBen preparffl In cornpllanc8 YAlh FRS 102, The Flnanoial
Reportlng Standard 8ppJlc4bl• In ts UK and Ihe Republlc of Irelllnd,, the Stat8m8nt of
Recomm•nded Pradce appllGablo to charfllo8 preparlng 1helr acc(MJnts In accordance th8
Flnandal ￿OrtIng StarKlgrd appllcablo In Ihe UK and Republlc of ITthd (FR8 102) (ChwMI8S
SORP (FRS 102)) arnl tho Charlll88 Act (Northam treland) 2008.
Po￿1•$
B••l• of pr•parallon
The finwjclel statements hm been prepqred on tha hlstorfcal cost ba811 a$ mt)thfiad by lh•
rnvaluatlon of cortaln finan￿1 ag09ts arnl Ilabllllles and Inwstrlloni prop£rdeJ Me88urgd at falr
Value through Income or •xp8ndl￿re.
The lknanttlal slatornanl6 aro prepared kn 8t•rflw. wthl¢h18 tho functlonol curronw of Ihe enllty.
Gokng coM*rn
Th8M arn no mater181 urthrtalntl•8 ab(xrt Iho charflY8 4tAINy to contlN•.
Judpffl•nt8 and k•y sourc08 of e•tlm•tlon unc•rtalnty
Thorn are no rnF ol Jlgnmeèntjudoment ¢x koy 8ource8 of 8stknaJon uncértaknty.
Fuml iGwintlng
Lknrn&lrkt•d ftmd8 arn avallablg for we at tho dlxr•ODn of th8 IruBlo86 lo fvrthw ary of th•
charV8 purposm.
De8lgnfjt•d l￿d3 ar• UnrMtr￿8d l￿d6 earma￿ ty thg tru8t888 for pathjlor prDJoct
¢ommllm•nL
Re8lrfct•d funds ar• ¥thJécted lo ra6frldl￿$ on thetr oxpandltsW8 doolarnd by Iho donor or
through tho t•rms of an apwl, and 1411 Inb of tsvo suW&889: re8lrfcted Income fvndB or
endtywmont fund8.

Bangor West Congrngation Of The Prosbytorlan Church In Ireland
Notes to the Flnanclal 8tatomgnts (¢onthJwd)
Year endod 31 DaGembor 2022
Acoounung polclv•
In¢othlng r••ouro••
All Incomlng re8ourc88 are 1ndl￿ad In th8 st*m8nt of lknandal ac￿mIeS when enfjllgment
patsed to Ihe Charliy. It IB probable that the economic b8neltt8 88800iated ¥wlh Ihe tr8nsocllon WAI
t1￿ to tho charlty and the ornount bo rellably mea8fftd. The foll￿ng 8F￿d￿0 pollcleo ara
to parttcular categorfe8 of IrI￿rne:
Income from donaifiTh or wants th feeowl8¢d w￿n thw•18 •vklenc8 of ffflllll8rnenl lo the
IIIL recelpt18 prob*)kn and ItB amount can be mea8ur•d rellabty.
l•gaGy Inci¥n8 IJ Mccgnltad when rac•lpt18 prob8bl• and •nlltrement18 ￿tablIshed.
In¢ome from de￿at￿ wdÈ Is m8&8ured ai lh8 fair value of the goods unla88 thIB Is
Impraetkal ￿ M￿￿0 rallabty. h whkh case ts value Is defv•d from the co•t to tho &)nor
the 8￿MOted r8oale valuè, Donatod ladlllle8 and 8oNIGo8 ore raGogn180d In the 8cMunt8
when r•cdved If tho valu8 ran bo rellably mo88ured, No imounts aro Inoluded for the
sXrtrllyJtlon of genoral vOlun￿ra.
Income from ttJntra(Xs for tho 8uppty d 84Yvlces Is recA)gnlsvd the dellvery of th8
cthmclod 88rvk•. Th18 Is clagamed 38 unrestrfcted fimds unless Ihorn Is a Gontr8du81
r•qulrgmont lor St ts b• •pent on g p•rtl¢ular pu￿0¢6 and r￿rned If un8pen( kn whlth ca8•
It may b• Mgard•d 48 restr*thd.
Exp8ndiur818 recogr48•d on 8n ae¢ru818 b¥8h 18 a liémty Is IN￿rr0d. Exponolture any
VAT vthlch canrNA be ra￿ed, and 18 eths$lfied undor he8ding8 of th8 8tatsment ol
financlal 1cl1￿83 tp whlth ft ralate8:
•xp•ndjI￿ on rdolng funth Inf￿0• the costs of all futhlslng actfvJ￿, Ov￿ts. non.
dwhblo Iradlng and th8 rf dDrwl8d good&
éxpendliurn on ¢hodt8blg athlllo8 all Incwred by a tharfty In undartaklng
that furthor Is tharftable alm8 for the b•nofft of b9neflcIarf￿ [￿l￿tIng tho88
Swport ¢￿ts and relatlw to th• gfftrnan￿ of the charfty 8PPOrtlon8d to ¢harliable
othw oxpeNllture kncludes all expgndlturn that 18 n•llher r•Fal8d to ra181￿ fimdj for th•
charlty nor part of K8 wendlturo C￿ charftable aclmlleg.
All costs are allocatod to axpondlture eatagorkn rnlectlng th& use of the reuo(¥ce. Dlr8Ct costs
attrlbutable to a SIM￿9 a• arn allocated to that actlvlty. Shared costs arg apportlonod
betwaen the 8GtsvMl88 Ihy contrlbute to ￿ a roa8onabl8, Ju8ttll8blg and (xJnthl8nl bAsI•.
Tangl>l• ￿lItI
raT￿Ible 8$88ls arn Inwally recorded al and 8ubsequgntly Slated at (x>st 1885 any
8ccum￿ted (knwedafjon and Impalmml 108888. Ary tsngl￿e agsets canled at revalued
amounts 8re recorded ot the falr v8lug at date of rmlualion 1888 any 8ub8equont
a¢c¥multsd depro¢latlon ond 8ubsequent a￿UM￿at8d knpalm?ent105808.
.17-

Bangor West Congr8gatlon Of Tho Presbytorian Church In Ireland
Not8S to tha Flnanclal Statem•nts (conthu•O
Yur endod 31 Dacember 2022
A¢¢ountlng polklu lemthwdj
Tanglbl•
An IncThas• In the ¢*￿ng amount of an a88•t as a ro8uIt of a raVa￿akn, 1$ roc¥)gh18éd In Ol￿r
recognl8ed gfjlrn and106fj•9. unlebs It rever8es a dwge for knpalrnwnt that hft8 pr•Aously been
raMgnl8ed as experKlllurn vAthln the #taiement of firArKial A dpcrea80 In the canJl
amount of ￿ a$sol 88 8 ra8uft of rwaluatlon.18 racwnbad In other rocoonf88d galns and1086eS,
cepi to whlch tt any prevkxJ8 reva￿a￿ galn, In ￿1r￿ case Ihe Ios8 Is sh(Mm ￿thIn
other rewn189d 9akna gnd IoJq88 oh the 8tatemont(rflln8nclo1 actMU8B.
lJ•prwlatlon .
Deprec1￿ 18 ￿llYu18t8d •0 ao to wrllv off the Gojt or valualton of an asaeL leB8 It8 rosldual
value, over th• us￿LI e&yw)rnlc Nf8 of that 888at u folk)￿.
25% stralghl Ilne
EqulFXTr•)t
Imp4rnMnt otfix•d •s••t•
A revlow lor k￿k￿torS of Fmpolrnient l• carrfed out at 00th rep￿￿T￿j date, wllh tho recovarabla
amounl b81n9 88Umatad wheré such IndWor8 oxI8t. Whero t￿ c•rTrlng value exrwd8 tho
rgcov•rabl8 am¢unL th6 a8801 1$ Impalrod ac(xYdngly. Prfor Impalmient8 ar4 al80 revlewed for
po$8lble rwornol al ea¢h reportlng Ilat•,
Fry the PUfPWS of Impalmignt ta&fjw, vrtwi ft 18 not Posslble tr) •8tlmato the rKovorable
am￿nI of an lrn1l￿du￿ 8699( An 63tlmata 18 madp of the romr8ble amount of th• cash-
generatlng unlt to wNch the aa8et beknngl. Th• ¢a8h4Jènar•tlr4 unlt18 thè 8m811881 Id8ntlllobl•
grnup of a88ets that Includ08 the 88nt and gonerats8 ca•h Inflow4 that iargety Indapendent of tho
cash hfiow8 from other abeets or groups of 08*ts.
For Jmp81rn)ort tejtfng of gooeMII, th• gothlll a¢g￿red In • buthe•8 wnbIr￿llOn IB, fr￿n the
ae4ul8ltlon date, allocatsd tts Qaoh of thè ¢a8h.98nerallng unltj Ihat v8 axpootsd lo b8nofi1 from
the ¥>n•rglas of comblnallon, trfe8pacOve of whother othor a688ts or Ilablllt108 of th• charfty
ara 8sBlwod lo IhoTe unl18.
Ddlnod ¢onlrfbulk>n pla
Contrlbullon8 lo d8fin•d contrbuts) pl￿8 am racognl8ed a8 ￿ exp￿80 In tho p8rfod In ￿lch
th• relatad awvlc* b provthd. Prepald oonlrllxrfa* aré r6cognts¢d PA 8n a886t to tho exionl
that Iho pr8pa>Thent￿n hod to 4 r•duclon In fuluro paymont8 or a Cash rdund.
When contrM)uUons not •xp8ct•d to b8 88dl8d vtholly wFthln 12 months of tha end of Iho
reportlw date In whlch thè employ￿8 rgnder tho rplatsd 89rvlL¥. the lablllly18 moasured on
(ffiscounted preeent value ba8lB. The unw￿1ng of the dl$¢oLrf Is rncow188d 88 an expon8e In
th• porfod In whlth It ar1888.

Bangor Wost Congregatlon Of Tho Prnstyerfan Church In Ireland
Notos to th• Flnanclal Statements
Yoar onded 31 D•c8mbor 2022
Unrootrkntad Rè8trfct8d Total Fund8
Funds
Fund$
2022
Don•tlon•
Regular Dlrect G￿lr
336.194
34,323
2,8T2
83,630
96.148
35,041
61,364
2.872
88,D14
Ml8collanoou8 Incom•
Glft Ald
FuAough Inoome
24,384
L•gacl••
Legaclos
5.lJOO
.000
Qr*nt•
Grants frNn ohurth organ￿1¢nO
2.110
2,110
other doTratloM and l•ycl••
Trangfor of 8ssats fr￿fi KIIGool8y Pr88bfvlan
Church
438,929
180,573
599,502
UnMthct•d R08tr1ctod Total Fund8
Fund8
Fur¥ls
2021
Donthm
Regular Dtreet Gfvlng
Donallon8
m18m1kn￿Ua Incorno
Glft Ald
Furfough Income
109,824
52,461
469.858
89.0>6
2,979
98,809
18,615
2,979
29,679
L•qa¢l
3W223
308.2ZJ
Grnnts
Grants from orgin*aUon8
oth•rqlonatlon8 and l•pcl•s
Transfor of assetg from ￿Tr￿leY Prgsb>tsrfan
Churth
1.301
5,867
197,951
290.292
1.230,082
1,032.111
-19-

Bangor Wast Congrngation Of The Prèsbyterfan Church In Ireland
Not8s to the Flnanclal Statements (¢onllnHoy
Year ended 31 Dgcomber2022
Charftablo actlvlll•s
Unrastrfctad Rextrlctèd Total Fund•
Funds
Funds
21)22
Congregatlonal athrfU•8
Org8nlsatlon8
BawrW681 NThry Pla>wp
13.862
29.623
65.499
85,122
29.623
13,862
98,•84
Unr•81rfcl8d Restrlcted Total Funds
Fund$
F￿d3
2021
Corwag&don818ctl¥lO•8
I￿@an18￿110Tr8
BorvJar W•8t Nur8w Pla￿re¢
18,485
18A85
21,781
80,401
98,e67
21,781
60,401
82,182
16,485
6. Inv•3lm•nt In¢om•
Unre8lrfGted Rabtrlraed Total Fund•
F￿d￿
Funds
2022
Bank kntUe8t rocelvabl
1.988
406
2,421
Unrostrf¢*ed
Funds
Reblrfcted Total Fuftd8
Fund8
2021
Bank Intwejl recelvabl•
1.148
619
1,767

Bangor West Congrogatlon Of Tho Prosbyterian Church In Ireland
Not06 to the Flnanclal Statoments (gonlthu•dl
Ywr endad 31 Decèmber 2022
7. Exp•ndltur• on Charm￿10 acllvltlm bylund typo
Unrn8trfthd Reitrlctsd T•tsl Fund•
Fund$
Fundg
2022
CMmtlonal Actlv5tles & Mlnlsty
Mlssion & 0￿r03
Youth & Chllth•n
Nur48ry Plffjyroup
Churoh OrganlAallon8
8upKtrI costs
431223
118.CA)O
86.613
549323
86,813
6,371
59,614
29,949
2.640
734.310
6J71
59,514
29,949
1640
294.076
Unmstrlcled Ro8trlcted Total FundB
Funda
Funds
2021
Congrytlonal Acdvll•8 & Mlnlstry
Mlsslon & Outraae
Y(xrth & Chlldren
Nurnery P*gYoi
Clwrth Orgarthtlons
supwl co8t8
3fl.347
128,818
68,438
494,185
68,438
11215
65,265
19.588
2,400
881,021
11215
e5,265
19,538
2NOO
3eo,982
280,089
Exp•nthtUrn On ehariiabl• actlvftlo• by *thlty lyP•
undertaken
dhctly 8￿PortcC￿th
Totsl fund• Total fijhd
2021
Coryr•gatlonal A¢lMllu & Mlntsty
MI89k￿ & oUtr￿Ch
Yrrtrfh & ￿IktroTh
NUr￿￿Y Pl￿(0Up
Churth thg4nls￿I0ns
649,223
85,613
8.371
59.514
29.949
494.1e5
68,438
11,215
85,265
19,538
2,400
801,021
86,613
6.371
64614
24949
r31,870
734310
Not l•xp•ndlturnylnofAn•
Not (eWKlltur•ykncomo18 8tatsd after clwgkngl(cr•dltlNJl.
2022
Fo80 P￿ble for th• audlt of lh• flnarKlal state￿nts
2,400
10. Staff cojts
The avar8g6 head ol •MpIo￿88 dUrf￿ the year wa8 21 (2021.. 21).
No 8mpkn>po rgcelvod •m￿0Y60 benalM• of than £80,IX¥J thrfng tho y88r (2021: NII%
.21.

Bangor West Congregatlon Of The Prosbyterlan Church In Ireland
Nots3 to thè Flnanclal 8tatsments
Yèar Ond￿ 31 D8c8rnbgr 2022
11. TTusl•• romunérallon and •xp•nuo•
Rev Chwla6 M¢MLAlen recolved remuMrallon of.fA8,362 (2021 £47.2981 penslon ￿ntr11mlIk>
of £11.808 (2021 £11,352) and •xpen8e8 of £7.383 (2021 £6242) duTlng the >wr.
12. TrnMl•r• bthi•M fvnd•
Tran8far8 from Ihe Ganwal FLmd to a named fund are dlscr8llonary. Such tr￿81•￿ arn agraod
by the Commlll8a ar￿ Se88ion.
Tho followlNJ tranifer4 m•Ye durkng 2022:
- £420 from No1 General Fund to No3 UhIt￿l Ap￿al.
- £15,orx) fffxn No1 G8wal Fund10 No7 & Oulroach.
- £S,OQO from f401 Gen8ral Fund to No8 Y¢ung We61 F￿d.
- £302224 frun No1 General Fund lo G•nwal Fund R¢8•rv•.
- £21.600 from Gengral F￿d Reserve to No7 Ml¥sbn & Outr•ach.
- £4.000 No7 Mlg8lon & Outreach to No3 Unlled Appeal.
. £284,fJ)O from Kllcoohy Fund lo Kllcooley Fund R8•ffi.
l¥. Tinglbl• flx•d a•Mt•
Land ond
bufrtlngs Equlpmont
Totsl
Co•t
At l January 2022 and J1 D•*nb•r 2022
D•pr•el•Uon
At 1 January 2022 31 D￿rnts•r 2022
Carrylng amount
At 31 D•c•mb•r 2022
At 31 Decombor 2021
700,171
12,038
712309
12.038
12.038
700,171
700,171
700,171
700.171
Freelwjld pnpoty ￿nlqlnS tsw) of aeaéts: ¢hurth proth and Msldontlol propty,
Church prop8rf188 arn the I￿lIdhrys u8ed to carry out tho acllths Df the church. Th•y are ¢anknJ
al cog14nd deprKiated over tholr ￿tIMat8d economlc life of 50 year8. As pert of Ihe tranBltton to
FRS 102 thls da88 of propwty18 deamad lo bo ftilly wrltten off and havkna nll carryhg va￿8 on a
cost bAqlB.
R88ldenllul proportl•• Indud• th• and the propety at 93 Crawfordskn Road. S￿h
prop8ty18 ai markat va￿• In *¢xord&ncg FR8 102. No dapraclallon ha8 boon appllod
a8 the propertl•8 ar• 8ubJ8¢1 to r89￿ar malntonanc• lo malntaln thetr valu•.
The ManBO Is valugd 81 £360.0(¥J
Tho wopgty al 93 Crth%trd8bum Road 18 wlu•d at £350,171. Tho tlll) of the proporty Is v88tad
In the Educallm Board of the *d8 Pre8Wry who hokj Ilre priyerty In trust fur Barwr We8t
Cmgregauon of tho Pre8bfvrkn Churth In Ireland.
.12.

Bangor West Congregatlon Of Th8 Presbyterlan Church In lrnland
Nots8 to the Flnanclal Statement8 (¢•nthu
Year ondod 31 December 2022
14. D•btarn
2022
Pryynents and acclued htsjmo
ot￿r debtor8
056
24520
31.5B2
7,403
25,217
32,620
16. CT•¢lltsrn: amount• falltng du• wlthln on• y••r
2021
AccMl8 and d8f8rr8d Inajrrro
Othor credI￿rG
2,400
1.058
3h58
16. P•nBlons and oth•r pv#tr•tlr•rn•nt b•n•ftts
D•lth•d Contr￿ul￿n p*n•
Tho arn￿nt r•¢agnl88d In In¢om8 or ￿PendIUm 88 an axport80 In rdalknn to doflngd
contri￿A10n plan• wa• £11479 (2021: £11405).
D•lln•d b•n•fn ￿h•m•
Th minhter ond assoclate mlnl8t8r Df thg c4xvJregatlon mamborn of the Pro8bytorfon Church
In Ireland p￿￿10n Sthwn8 (2009). Th18 18 a 8¢home operated by the Presbytwlan Church In
Ireland, a 38parate rogl¥tw8d tharlty. The ￿n￿a￿On pay8 an 08888ornenl to tho PM8b￿￿an
ChurGh In Irelarxl •qulvalant tp the emplo￿ts p8nJlon oontrlbullon for the S¢h#ma and ba•￿ on
th• 8tlp•ndi pald. Pre8Wrfgn In Iroland PBnth Sth8m8 (2009) lo a fvndèd
Scheme of th• d￿ned benbfjt typo. pTovml￿ doflned b￿•￿ts baled on av•Mp8 revolued
galary. Tho sc￿￿• as8•ts hold In a aoparntsly admInl￿w￿l lund man89ed ty a board of
tru8t¢eJ. Th• PMbytort8n Churoh and ts S¢hém• Trust898 havo agreod a plan to
eniurn the sGh￿￿O Is Sufflclenlty f(mded to meel currenl arKI fulurn obngatlons. A formal
8chedule of corttrlbLrtkTh was dravm up on 25 N￿rnber 2015 ￿er•bY Iho Pre8Wgrlon Church
agreed lo pay from 31 DeC￿bar 2015 ¢onirWk>ng of 24% 01 pgn81onable salwl83 k+ covor Ihe
of bonoflt4 for 8•rthe, exp•Mo•, Iho cost of In•urfno dopth In oer¥l(¥ bgnefftj and
fundk& thè 8¢hgrn8 dofidt. T￿ cc4*lbulhiM madè by th¢ congregallon durlng the yaar for tho
mlnlknr, a880clate mlnlster and deaconess w8r• £23,199 (2021 £21,153).

Bangor West Congregatlon Of Tha Presbyterian Church In Ireland
Not•s to the Flnanclal Statements
Year ended 31 Decembor 2022
17. Analy•l8 of ¢harltablé lund•
Unr8strlctad fundi
Al
Tr8n8fern 31 D•¢ 2022
At 1 Jan 2022
Inoom• ExkwKlltura
Goneral Fund
Gen8rn1 Fund Ro8¢Th
Flxad 8668t fund
8ulkifng fund
Young We8t fund
Kllcooley Fund
Kllcoth Fund Re8arv•
425.676
419,624
(397.26n 1322.644)
280,624
125,389
260.824
700.171
2.080
(8,371)
1014
(22,536) (264.000)
44708
{14,080)
264.000 249.940
(440,234)
(37.020) 1.406,926
700.171
3,185
31,408
1,428,4rJ
454,757
At
IrKYJm• Expendi￿r6 Transfern 31 Do¢ 2021
At l Jan 2021
General Fund
Ganaral Fimd RagaNo
Flxed agset furnl
Bullding lund
Young W68t luTr
Kllcooley Fund
Kllcodry Fund R08erve
717.588
(348.994)
(17.1￿)
425.878
700,171
1,1100
1,388
700,171
8,027
323.589
(11.215)
(22,753)
300,838
1,049.744
(380,982)
(15,000) 1,428,423
R￿trIcted fuDd•
Al 1 Jan 2022
Inoonw Exp•ndliure
Tr4n8fors 31 D•¢ 2022
BOr￿18n1 fu
D6velopm8nt
Unlted
Mlg8lon & outreach lund
Barw We6t Nr86ry &
plffjgroup fund
Glfls Brfoad•
M8n'8 F￿10￿hIP
Mum8 & Tots
PalnllNJ ploa8Urn
&lgado
Pr•8byterfin W(¥T￿n
907
147Na2
147.670
81,184
32,178
47,641
181,402)
(36,598)
(86.612)
4,420
32,800
18,784
6,520
$5,499
12,948
1,217
(SgA15)
(14.721)
(585)
(179)
{94)
(9,954)
1743)
2I04
7,279
1a27
875
715
18
100
1.993
108

Bangor West Congrogallon Of Tho Presbyterlan Church In lrnland
Not•8 to the Flnanclal Statemgnts
Year éndod 31 DK•mbar 2022
IY. knaly•l• of Gh•rllabl• (Qonthl￿o}
S8ttrd8y M•n'8
FelknwhSp
TuesdeyTog8th8r
S5¢8mtYe Club
KPC Squam Cèrttrè
KPC G1rf8 Br￿ad8
KPC Youth Wuk
KPC Frfend8hlp Group
KPC Sund8y Sclvjol
KPC Presbyterian
WMi6n
KPC other orgenlaatlon
1.667
3.390
1,518
1,365
OM17
4,010
(1,083)
(1,518)
813
247
OD3
(520)
247
224
297
127
(183)
(81 )
(294,078)
188
216
193,298
246,150
37,020
182,392
Ai 1 Jan 2021
Ineoma Expenthrn Trnnsfarn 310¢¢ 2021
882
147,670
Banovolent fund
Devolopm•nt fund
UNbd Appoal
lJ8lon & cwtreooh fund
Bangty Woll nur••ry &
playJroup fund
GJr* Brlg8do
Men* FellowAhlp
Mthns & Tot8
Palntbw lor plealur
Boy8 Brwo
Pre8ty9rf8n Women
Salurday Men'8
Folky￿hlP
Tu8sd8y Together
SycaTn(Th Club
KPC SquBf8 ¢￿￿re
KPC Glrl• Brfgad
KPC Youlh Wort(
KPC Fdandghlp G￿)up
KPC Stmday Sthool
KPC Pr68bJ*•rfan
Wan
KPC other orgoniBatk)rn
1.757
14e239
10TT
2,996
124
87,733
37,630
87,206
(999)
(8B,302)
(39.518)
(68,438)
15.000
18.7e4
11,384
8.589
821
80,402
8,936
429
351
6,520
9,062
675
715
18
(&473)
(575)
41
1,074
154
(93)
(4284)
(518)
5,782
470
199
1.724
(199)
(309)
(3.145)
(1,031)
{9Ql)
252
6,535
2,549
901
613
247
3,3KI
1,518
813
247
(12)
224
177,605
2W),752
(280.059)
15,000
193,298
-25.

Bangor West Congregatlon Of The Presbytorian Church In Iréland
Noteo to the Financlal Statoments
Year ended 31 Docambor 2022
18. Anal￿18 ol not agmts batw88n fvnds
Unrestrlcted Re8trfcted Total Fundg
Funds
Fund8
2022
T*bl8 fixed ao88ts
Curr6ft 8868ts
Credftor6 less thAn 1 ￿ar
700.171
708,395
(2.640)
1,405,926
700.171
890,787
(2.840)
182.392 1,58&318
182,392
Urntrlcted R88tr1cted Total Funds
Fund8
Fund8
2021
TaffJlblo fixed ap89ts
Current 888•ts
Cr8(thtorn leBS than I
700,171
731,710
(3,458)
1A28.423
700.171
925,fA)8
(3,458}
1,621,721
193,298
a•8Ot•
193,298
19. Anatysh of ¢hang•g In n•t dobt
At 1 Jan 2022 Cash IIM 31 D•c 2022
Cash at bank and In hand
8w2.388
(33.183)
859205