CHARITY REGRATIoN NUhlBEIi. NIC105045 Bangor West Congregation of the Presbyterlan Church in Ireland Flnancial Statements 31 December 2024
Bangor West Congregation of the Presbyterlan Church In Ireland Flnancial Statomgnts Yur endod 31 DeGemb•r 2024 Pago Tru8t88s' annual r8P(xt Ind8pend8nt auditovs report to the members Ststsmant of financlal actmties 13 statement of flnanclal p0811ion ststement of Ixsh Ilows 14 15 Notes to the financial ststements 16
Bangor West Congregation of the Presbyterfan Church In Ireland Trustees. Annual Report Year end 31 Docwnber 2024 Th8 prn8•nt tholr rwt and tho flnandal atatsmonts of the charty for th• y•ar endod 31 DeBber 21Y24. R•f•rnnrn and admlnlstrnllv• d•tall• glAt•r•d ch•rfty narn• Banwr West C(ryrngatlon of the Prnsbyterfan Church In Ireland Charlty r•gl•tratlon nurnb•r NIC105045 Prfnelpal offlcè 91 CrnwforthlxTh Road Bangor BT19 1BG Th• tru•ts•• Mrn C 8011 Dr. M Bennott Mr D Boland MrLCor Mr J Ev08 Mr H Fulton Mr8 J Fulton Mr B Knox Mr l McAl6or Mr R McAvoy Rev Dr C Mcmun Mr B Moorhoed MIS8 H Ndll Mr D Polley Mr B Rlch•rdaon Mr l Robln8on Mr R RObIrOn Mr R Scott Mr P Shlelds Mr8 H TMp• Mr T WarwlL* Mr D Wll8on Mr G Carf6tDn Mrn K Crockknd Mr G Hall Mr M Hardlng Mr8 R Morr150n Mr3 C RStchie Mr8 B Grawf(xil Mr T Growford Mr8 S Foryuo Mr T Hlnds Mr81 Moore Mrs E N8Ity Rev R HouBton {R•lrad 24 Auglffjt 2(r24) Ign•d 6 OGtobor 2024) (DKofjBed 3 Aprll 2024) (Deceased 9 Seplember 2024) (Appolntsd 28 Aprfl 2(Q4)
Bangor W8St Congregatlon of the Presbyterian Church in lrnland Trustees. Annual Report (roRrfrnKdJ Year ended 31 December 2024 Audltor Mulr & Addy Chartered aCcntants & statutory alIOr 427 Holywood Road 8T4 2LT Bank•r• Daneke Bank Dwall Squar8 W1 B6lfast BT16JS
Bangor West Congregation of the Presbyterian Church In Ireland Trustees, Annual Report fMnrfnv••) Year ended 31 December 2024 8fru¢tsry gOrnanG• and man4•m•nt PURPOSE THE PRESBYfERIAN CHURCH IN IRELAND, a8 a Reformed Church wllhin the wld8r body of Chrlst 19 grounded in the Scrfplure& Oxlsts to lo 8nd honour Gtxl through falth In HIS Son and ty the power of HIS Sptrlt, and to anabl8 hw members to play tholr part In fulfIlry GortB mlB¥lon to worid. W••t Pr••byt•rf•n Church IM part of tho Pl•••fIan Church In Ir•land (PCI) and ¥ such 14 governed by Its con8tltution. F[ detalls of its LX)n6tilution are contalned In Th8 Code: The bwk or the Con3131utkm 8nd Government of the Presbytwlan Church In Ireland. publlsh8d by the AUthlty of th8 Gonornl A888rnbty. The CodB can be oTrllne on the PCI wab81ts. withln tha lo(xl Church tho rullng body l• the Klrk 8a8•lon, whlt Is m8d8 up of elect eldgrn who tw•tsrwlth the Mlnl•t•r In Ihe ovor81ght•AKI govommont of tho congr•g8tlon, forthe uTrbullding of Gadj poople In 8plrlttAoI fiviifuln•i• and concord, and for the oxtonslon of Chrl8f8 klnrylom am( an people,. The Klrk S8081 meets approxlmately 10 tlmes year, ond Is attandèd by arKI Btaff members are Invlted to [n Ihe dallbwatlon8. Wa8t Churth 18 a 8lngle churth two 8tte8 . tho main slte 18 cn the Rathm¢Th Road kn Banw and the olher Drurnhlrk Dffrm, Kllcooloy. There on8 Klrk SeBSIL and one Congregatlon81 CmIttee vAth balh 811e# havlng eleied rawesentstlon body. Th• Eld•rn olth• Church •l•o th• Ch•rltyTruqt•M gf th• ChurclKThl¥ Change carno Inlo pl•oo wlth thoformgl r8918trntlon of the church Ai an Indlvldual charltywllh th• Charltycommlulon of Northem Ireland. The reglstratlon nuIrtr for tho church18 NIC105045. Th8 Ktrk Se881on overse08 the work of gavan Adlon Team8, each of TNhlch leads dovelops tho maln of the chwch. The Team• 01gciFthNp Klcookny Ml881on Outreach Pastoral Caro Youth and Chlldr Wornhlp and wayer The momber6hlp l• mad• up of elder8 arml other membgr• of thg WoBt-Kllcaoley congragatlon. Each Team18 ¢(nVod by a member cf Stsff and an eld•r. Thg Slaff Team mMt8 on a w•okly b8811 d •n8uro8 the co-ordln•lkn of Iho work •MI hOlnCe around the alm8 of tha chuvth. Th1• arrangoment en8ble8 a more effectlve use of the dm8 at SeB8k)n methgs; a more wlde-angled vtew of Ihe whde of Crch Ilfe for S8BBlon members, and a more distrlbutsd leadershlp teem that gamers fra6h expertl80 and helps develop new lead8r8hlp tr18 Durlng 2024, tho Action Toam8 each FY8parBd devel(wrnpnt plan which sat twt their ro8pectlve prfariti08 for th8 year. They ve 8180 boon askad to •ubmit a ldgeL The plan3 wore appyoved In Fylnclple by thg Klrf( Se8slon subject to a revlew by tho Stsff re to enBur• cohorenco and icopo. Acl¢X toam Convgnorn rnptjrt to S•sBton key matter• for decl8lon and on kay d0volopnants.T r8mlB and CLVnPO8lllon oftho Actlon teamu wll b• rovlMd In 2025. A Gongrngalonal Commilkelg In p18ce lo edmlnlsler the temporal affair8 of the congr8gotion; these responslbllltle8 are delegaled to th8 Commltteo by Ihe Klrk Sesslon. whlth retain8 the urfer811 respon51blllty as the Charfty Tnffjt888. All of the Elder8 Can 8lt the Church Cornmlllee but for pract1 purpose8 8 small nunknor has agreed to attend on a regul4r b881B. knorva tho cther dutlos that have b8en d818gated to Comrnltlg• by Klrt(8e•slon ara:
Bangor West Congregation of the Presbyterian Church In Ireland Tntss, Annual Report Year ended 31 DoG•mb•r 2024 the admlnlstratlon of all fund8 belonglng to the Lx>ngreg8don; Ihe adminl81rat1( of 811 the property of the coryregallon.lts malntenanco and IrUrance. the over8lght of Ihe us6 of any part of the thwch prom1888: Ihe hnplemantatlon of heqlth and safety r8guladon6; pltsllty and eaterlry: the apw)Intment, 8UPPOrt and tr8lnlng of Staff and volunteer8; and oommunlcatlon wlth the rnembws and th• wider communlty through dlaltal And wrltten rnedla. Tho cwrent commltteo 18 mado up of tw8lv8 member8 wero eloded in 2022. Tho lollowlrvd 8ub- group8 hav8 been formod, each wlth approval to Cowopl a nUMber0th8r member6 of lh8 c£)ngregallon: Prop Human Resowc88 Flnance CommuniLXtk)n8 Catyriw & Hospllallty Each of th•Be groupa h 1ra the 8lgnlficant expertl8e of th6ir mambern to make a pNilive contritrAth to the work of the churth acro88 both 81188. ObJ•cllvM •rNI actlvlthj The ActlvStle8 of the Church Includa: - W98t Churth hold81Sve 8ervlc88 of worAhlp each SdaY a range of olher act7118• mkl-waak. All aro open to anyone of approwlaie age andlor pnder whether or not trY are memb8r8 of our congrngation. Our fund8merrfal purpo8818 To S8Th8 ChrfBt and to Serve othorn., - West Church, Ilka any Chr18tlan Church plaGo8 a 81rong 8mphaJls on prnyor - prayar for our own m8mber8. our locel rxJmmur4ty, our 80clal, clvlc and p(AIUcal lead•r8 and thaworf(hvlde Chr[an Church and Its aSSQGlatod thwltablo ug•nlgollon•.
Bangor West Congregatlon of the Presbyterian Church In Iroland Trustee5' Annual Report (eonrf Year ended 31 DoGember 2024 A¢hl•v•m•nt• and pwforn vl• Our strap Ilrn18 -8ervlng Chrlrt .. S•rvlng othorn" Our values are enshrined In an anagram of W88t Worshlp- we wor8hlp God kn Splrlt snd trulh. Equlp- grow deeper In Chflst. 8wv•- Welme 8nd f(* ev8ryone tcg8ther T1 - wfr reach out In lov8 and 8ervlc?. Thore are elfectfvely fiv8 w(nhl> 8eNlceB across aur two 8ltes every Sunday m¢xnlng, IT111ng Young WeBt & Café Church and a slxth on Sunday wenlngs.ThoBe servlces have Iholr cmn target group and rnpresenl th¢ dlver8ty of the congregallcm. Over tho cour88 of 8 Sunday. 7(K) peoplg are In attendance, Indudlry Young We8t (for11-18 olds) aThJ W88t Kk18 { for &11 year dd8). About 16 prHGhcd chlldr8n aro for In the Cre. The Sunday mcffnlng Jervlc• In Klkxoley ha8 an averag• ottondanc• of 40 and 60 adulla. In Kllc4oley Kld8 wntInU to r vAih tho maln ohurch Jervlca bèts¥¢an 7 and 10 chllthn along 0h wo• W• have o numb9r of 8tratagl•8 In place lo welc
Bangor W08t Congregatlon of the Presbyterlan Church In Ireland Trustees. Annual Report Yoar endod 31 December 2024 Achl•vement• and performance (conthiu•dJ the Rathmore Road there are severol strand8 to t)ur Outrch. r8fi8Ctkng bolh the 8ke and dlverslty of tha congr8gatlon. In addltlon lo our ongolng work In West Klds and In our v8ry heallhy unrformed organlsatlons. arKI parents and tots. we hav8 a nunber of ¥pednG annual events such as EaStsrmi88n (for primary-aged children), and Chrfstrnasf•8t and Brighl and Llght for famlllety, whllo Alpha aThl our partnarahip work wlth Young Life {w¢yking wlth18rgely unchurche(l young peopla) and Safezone {tho latter a street mlnlsty on Saturday evenln9B} are moro Intentlonally ev8ng8llstl& W8 would slso I1Je In our outrèach work, Lle Accffns for chlldren and Sycamore Club for aduhs wlth 18arnlng dlfflcultles from acro88 the Noth Down 8r88. and School AB8emblles and Rellgkius Educallm da88e8 taken by our Youth and Chlldren% Assodate In Several prlmary Bchools In the area. In Kllcooley our broad Btrategy in nx)vlng fDfw8rd h88 been to link we ts)uld wlth local groupB, to bulld relatlonBhlps and to share J89u8. AS wth many cornmunltl88 th888 days ther918 much soclal need, bul our aim h48 b8en not Iu6t to provldo support whore we could. but always to do 80 th the explanotlon that wo are dolng tvm do In the name Je6u•. Our prograrnmos Include. work wllh mwns: a parnnt t(xJdlew8 group; an 8dult drop In: a Ca run by volunteern, a youlh in and a homework club for year 7 chlldren. Ourworkwlih Chrlutians Agaln8t Pov6ty InGlud08 thework of ourd8bt (x)ach, b81rfererS(ln conjunctlon wllh Priffl8cy Church) and tho provl8lrJn of tt* Money Cowse and Life Skllls Cour8e. The latter attractad around Seven paoplo In Kilcool8y; the course was also run in St Andrew8 Presbyl8rian Church for a group of around 8 young peop18 about to head off to unlvor81ty. W68t -KllcoW mak88 an erKxmou8 finllnclol CtrIbUtIon lo Ihe Pr98bYtwl Churth's Unlted App•al for Mlulon 1£39.891 for 2024), wllich supports varlou8 chalncY work, a prollramm• of soclal wlthe88, ovgr8083 mi851on and sm811er church08 acro88 Ireland. Saveral WeBt member8 ar8 actlve members of varlous PCI commltt888 and Ihat, kn turn, has helped to faclltaie Ilnks between the
ngreg8tlon arKI PCI'8 work aGr05s th818land. A number ol our clwrch members wryk In diffw•nt mi88lon roles In other part8 of the world, InclL*Ying New Z8al8nd, Ru88la, Keny8 and Canada; a8 8 church f8mty w8 BUPPOrt them flnanclally and ayerfully. We have al80 provlded £60k ovar Ihe pa8t three yearn to 8upport El Abrf> Church In Cell, Columbla. We81- KIIG(KJley 9180 contlNe8 to 8UPPOrt Ihe per8ecuied church. and provkl• weeldy acery donatlon6 to the St)80 Foodbenk In Bangor. We hav8 a number of other external Ilnk8 - our membw8 Bit on the Board of Governorn Df Ilweo of rnjr loc818th01B: we also conlrlbute to Ihe NeboUrhOOd renawal grcw In Kllcooley and work wlth one of the olhor ccthmunty groups to provkle an fifter8 club In the area. wa 0180 work Glosaly th Yourwj Ufa to reach unthur¢h&d young peoplo and 80mo of our m8mber8 $UPPOrt the th 01 salez0. pa8toral and outroa¢h mlnlsty on Ihe 8treat8 of Bangor on Saturday avenlngB. Property Conslderablo rem¢dlal work ¢)n the roof of the Rathmore Road Wel(x>me Centrp ha8 been complel8d over the last fvw ye8rs. Upgradhg of our Ilghts to LED ha8 recently been done along wllh mojor rep81rs to the rear Garpark Our pr8ml889 are also useLI by variou8 communliy groups 8nd othw char1118S.
Bangor West Congregatlon of the Presbyterian Church In Ireland Trustees. Annual Report(eothMdJ Year ended 31 December 2024 Achknmonts and p•rformana• stafflng Rev Richard Houston w88 appolnted as As8odato Minlster In West- Kllcooley In Aprn 2tr24. He was prevk)usly Mlnlster of Lucan Pre8bytsrtan Church In Co. Dublln. Hi8 key areas of r8$psIbl1ty are O) rthlng. encouraglrvj, enablSng and d8veloping the worf( of the 8xl8tlng 8laff p08tor811 mknknty team partl(wlariy In the area8 of treaCh and mknlon, youlh and ohll(tren'8 and ¢ffaclpleahlp; (11) éncouraging, aqulpplng leadlrya and ovor8e8lng the cl actb)n team c{mvwr. (rii) wfth th8 8taff t8am and octlon team coNenors, Idontlfylng tor Klrk Se88kJn. key for tho next 5 years, and preparfng and Implmnllng a strategy to Implemont th06•: Ov) dlsclpllng and ewwng a new genernupn Of leador8 and volunt••rn to holp ryJn8dld•to ond grow lh8 MI9trY and m1811on of th• church 8cr08fj1ts two alt•8: find (v) pulplt and other paatrnl dullos a8 a88Ignl by Iho Mlnlstsr. In the c4Jurng of tho year, ow chldren's workor renéd prlor to rernI to England to IlY6. In ldW0n lo ourtwo fvn-tlme (FT) rnlnl8ter8we have a part4tme (PT) Mlnl8tsr: 8 yoU1h A580date; a Ff Mlsslon and OutraAch work8r,' a PT muBk dlrnctor and a port-tlrno IT and AV wDrk•r. Our admlnl•trallV• Includos a Fr bOoko0P9r. a Ff 8onlor admkn18trat(Y, a PT offlco work•r. Our proporty Btall InoludeB o ff01nknn8n workar and 2 vr caretakar& W• al80 fund a vr helpor In our Kllowlw caré. Durkng tho U9 of2024 hD8ted a pre8bybry consultation, whknh ia a prncg88 by leh Pr88bytery 8Th4ulreo Inlo th• Ilf• of a ¢x>NJrng8tlon In order lo d18cover; encourngemenis to Gelobf81•, for Ihe eutfwlon th8 COngn and to In0 the rn8t of ProBlrytory. Chol66 faced by thg cffiwgatlon. ao that Klrk SeB•lon can bo dkert•d and aqulFged lo dwl th Iho $t pr•88lw188U••; any cthcam8 tho1 Kkk 8888ion may be 81ruggllrvJ tt> deol h, requlrlng the uitorventton of The preparnlt)n for thls lSlon prompted a h8Wul Internal ovoluallon ol all the koy 8phltuo1 and materlal a6G of chur¢h lif8 and resulteAd In an encouwng and p(xttlve extcmal evaluauor FlnanclAI r•vl•w The Incomlry resources for a118BP8CtB of chun lile In 2024 arnounknl to £811,947. This <xynpri•é8 £501,427 of Incomlw resources attrlbutable to unre8trlctul re8erv88 and £310.520 8ttrlbulable to re8trlcied e[Ye8. We are tyaleful to God eJKI tho genero8Sty of the cAmgregatlon for the Increased love18 of conirfbutlonB. In l(thl expgndlture 8mourtod to £788,303 commltt88 alm to hokl. mlnlmum. GaBh rM6rv08 8ulncient to fund tho thurthkn expeTrdllure fi¥ a M1muM of thrge month8.
Bangor West Congr8gatlon of the Presbyterian Church in Ireland Tntsteos, Annual Report Year ondod 31 December 2024 Pl•n• lor futum rIod• W8 ar8 bl8888d 88 a conwegatlon to have been able wlth God's h81p to S[1n aur WO and ministry Our maln mlsBlon18. In our fragmBntBd society, to point people to the freedom from fear arKI n898tlvty and to thè hop8 that18 at the heart of thg Chrl8llan gospel. Al of vthat wo do con11n8 to be und8rplnned by our alm to Eerve Chrl8t and Serve Olh8rn'. In pracuce th18 means hèlplng our member8 grthv 8nd m8turo In fa5th, 8UPPOrting arKI mlni8terlNJ to one another, an¢J reachkng out wlth a mission to 8hwe hope and kJv8 of J88U8 We move forward In that Bim In Godb strength and look to Him to guide u8 in our lOn for the fviure and a8 W8 888k to expand our w]tn888 in partner8hlp wth those in tho West Banwjr and Klloooley. Tr¢0•1. r•ipon•lbllltl•8 •tthm•nt The tw6tfjg8 are re8ponslblg ts pmparfng tha tru8t888' report and tho flnanclal statements In 8c(x)rd8nce wlth appllc8blo1gw arKI UnStod Klngdom Accountlw Standord8 (Unlted Klngdom Generally Accapted Acu>unllng Practlce). The 18w applicable to charltlos In NOrtm Ireland requlre6 Ihè charity truBtee8 lo prnpare tlnenclal 8tstemonts for eqch year whlch gfve a Iruo and falr vlw of thè 8tat8 of affolrs of the charfty and the Inc<%ning re8our¢88 application of re8ource8, Indudng th8 knme and 8xp8ndlbn. forthat parlod. In preparlng theBe flnandal ststements, the truJtee8 are rnqutrad to.. 8olect Fultsbh ac¢ounlhy ptsllcl•N and tn gpply th•m con818tenty: ob8erve the metlvJd8 and prlnclpl88 In the appllcabla Charfll88 SORP: maka Judgements a1 8ccounllng 0511mate8 that 8re reaBonable and prudent., epare the finand818t8tom8nts on the golng GcYKorn ba811 (nle88 It18 Inapproprfot• to Prn8ume that Ihe charlty wlll c(Jntirwe In bu8lne88. Th• tru8tow are r98pon81b for keeplng adaquate accountlng rn¢ord8 that are 8urnd•nt to SI and explaln the charty8 tr8n8acllons and dlBc1088 wllh reasonable aciJJracy al ary tlma the flnancial PD6bUon of the charfty and enable them to 8n8ure that the flnandal statemento comply wlth tho Charlt*8 Act {Northern Ireland) 2008. They ar• aloo re3pon8kn1e for Safeguardlng the as88ts of ts charlty and hpnca for tsklng rea80nable step8 for the prevontlon and deto¢tion of fraud and olher Irr8gularliloB. The trustees, annual Mport wa8 approved on 10 May 2025 and 8igned on bohalf 2.ts board oftru8t•80 Mr L Conway Tru8ts8 Mr J Ev8S Tru$tse
Bangor West Congregation of the Pre8byterlan Church in Ireland Indopendent Auditorf8 Roport to tho M•mb•rn of Bangor West Congregation of the Prn8byt•rfan Church In Ireland Y•ar and•d 31 D•c•mbgr 2024 MUIR&A EIIITEHED ICE•••TAITI Oplnlon We have alled the financial statemant8 of Barvjor W08t Congr8galKJn of the Pre8byt8rfan Churth Sn Ireland (IIKq 'charlty) for the year endad 31 Dacernber 2024 which comprlse the 8tat&rnnt of finandal actlviti88, 8tatsmant of financial posljon, statemert of cash Ibw8 arKI the r8lat8d notes. includlng a surnmry ol slgnlficant accountlng policie8. The fin8ncl81 roportlng framowort( that hag been applied in th8lr pwyation 16 appficablb law and Unltsd Klngdom AccountlrvJ Standard•, Includlng FRS 102 The Flnendal R8POrtlng Standord •ppllcabl8 In the UK and R•publlc of Irnnd (Unlled Klnodom Gèn8ralty Acceptsd Accounting P(acUc•). In our OFlnlon Ihe flnanclal stawnents.. gfve o true and falr view of the state of the thrltys affairs 80 at 31 De(xmbar 2024 and of tts Ir1r r•8ouN6 and applkfitlon of r•wwcu, IncludlrvJ It8 Incixne and eX[re, for th• year ended; have been property prnpared kn accordanc4 wlth Un8d Klngd¢xn Generally A(ThFtsd A(%ountlng Prxtice; hav• been praparod In accordan¢a wlth Il r4ulrements of Iho Charltle8 Act (Ntythem Ireland) B••kn fpr oplnlon We conduGted our audlt In a(rdan wllh Intomalknnal Standards on AudRlng (UK) {ISA8 (UK)) and 8pplkablB law. Our re8pon8iblUlle8 under tho88 Btsndardl are furthor d88crlbed In the audltofa r06ponslbllkns for the audil of the tlnanclo18tatements 8ection of our report. We are Indepdent of the charfty n accordanc• wlth Ihe ethKal r8qulrernnt8 that ar• relavant to our audlt of th8 flnanclal Statements In tho UK Indudw the FRC'S Ethkxl 8tsnd•rd, the provl8lon8 avallablg lor small •ntllkn, In tho clrcurntancoo Mt out tjelow, and we have fvmibd our other othlcal re8p0n8lbmll1 accordanca wlth th888 r8quIremen We bellevo that the audlt evldence we have obtalned1• 8urnclont and approprtsta to provlde a ba818 for ow oplnkjn. In Gommon wllh many other of thij Size and we have been rnquested a6 audnors to a8018t wllh the wepwatlon of the Ila1 statements. Condu•lon• r•latlng lo golng cone•m In audlting the financlal statrnits. we have coThJuded that the trustees, uso ofth? golNJ nJM bas18 of accountlrvJ in the preparation of tho finala1 gtatements ts wroprfate. Based on the vth we have Fyrfomied, we have not identlfied any materlal urrArtalnkn relallng to 8vents or ¢dIOn6 that. Indwidually or coffectivdy, may cast signlficant doubt on the chaflty'8 ablllty to conthu8 u a golng concern a period of at I•A•t twelvo months from wh•n th• financlal 8tatement8 rae aUthCld for Iu9. Our r8eponslJllllias and thé re8pon8lblttles of tho tN8tges wlth r08POCt lo going conc8m are de8crlb•d In the relwant sections of INS reFX)Tt
Bangor West Congregation of the Presbytsrlan Church in Ireland Independont Auditorfs Report to tha momrn of Bangor Wt Congregation of th• Pre8byt•rlan Church In Ireland MUIR & ADDY {eonOftu Y•ar •nded 31 DeeAmb•r 2024 Oth•r Inform•iion The other infonNtbn compri8e8 the Infomiallon Included In annual r8POrt, other than the flnanclal Btatements and our auditor's r8POrt thereon. The tfU8teeB are responslb18 for Iha other informalon. Our oplniDn on thè financial staioments does not cover the other Informaik)n and, except to the extent otherwEse expllcltly ststad In our ropor( we do not 8xpr888 any forrn of aJ8uranco conduslon thereon. In nneCtIOn with our audit of the fIna[al gtatem8nts, our r88pon8iblllty Is to rnad the other Infonnation and, In doifVJ so, conslder whether tho other Information 18 materfally inconslGtenl wlth th8 financlal 8tstements or our kn(Mledge obtslnéd In the Audlt or otherwise appears to be rnaterfally ml8stat8d. If we Identify 8uch matarfal incon8iBtsnde8 or apparent matèrfal ml88t8t8ments, we aro to determlne whether Ihere 18 a materlal m188tatem8nl In the flnanclal Statsments or a materkl m5sstatement of the other infoffnatlon. If, based Dn the work we have wknnad, we conclud8 that there Is a nEtsrial mlsststernent of thi8 Other Informalon, we are requlred to r8POrt that fact We have nothlng to report kn th18 regard. Matt•r• on whlch w• •r• r•qulr•d to r•port by optIon In the light of knowledge and und8r8tandlng of lh8 charlty and its environment obtsined In the cour8e of the audit, we havo rKJt klentlfied rnatsrlal mls8tatements In the tru8tee8' roporl have nothlng to raport In respect ol the folowlng matters In relation to which the Charftlo8 Act (Northem Ireland) 2008 requlres u5 to r8POrt to you rf, in our oplnlon., th6 Infornmllon glvon kn the trusteos, repDrt18 Incons18tent In ary materlol rew wlth the flnandal 8tatern8nts; or adequat• aecounting records have not been kept or th• flnondal slatements are not In agreeIt wlth the accounting re¢d3 and r8tum8,' or W8 have not r8cefved 811 the InfomMUDn and explanation8 raqulrn for our audlt. •pon•lbllMIM of tru•t••8 A8 explalned more fully In the truste88' re8pon8lblllllas slatomont, tho tru8te8s aro responslblo for th• preparation of the flnancio18tatements and for being 0$fIed that they glve a tru8 and falr vl8w. and for 8uch Internal control as th8 tru8tées determlne 18 necessary to enable the weparatlon of financial statsrmnts that are free from materlal miB8tat6m8n( whether due to fraud or error. In preparlng the tlnanclal statsments, the tnot888 are respon81bla for assessing the chaty,8 abllty to contlnu8 as a golng concem. d18doslng, aB appllcable, mattern relaled to golng corKxn and uslng the golng concern basls of accounllng unle83 tho tru8tee8 ellher intsnd io Iquldate the chaTSty or to c8a80 operatlons, Qr have no reall8llc slternaove but to do so.
Bangor Wost Congregatlon of the Pre8byterfan Church in Ireland Independent Auditorf• R•port to th• Memb•rn of Bangor West Congregation of the Prn8bytorlan Church In Ireland MUIR & ADDY IIIITIII• A(fiiiTIITI fconthu•41 Y•ar •nded 31 D•cornb•r 2024 Audltots rnpon•lbWld•8 for lh• •udlt of th• Ilnanclal slat•m•nt¥ Our obpctsv88 are to obtaln reasonable assurance about whether tho flnanclal 5tatemerts as 8 whole are free from materfal m168latemert whether due to fraud or error, and to Issu8 an aurfiloV8 report that Include8 our opinion. Rea8onobl8 assurance 1$ a hW18vel of aFource, but18 not a guarantse that an audlt cOndd In adan wllh ISAB (UK) wll akny8 d6t•ra a matsrfal mls•tat•nwrt vthon ft •xl8t8. Ml8ststements can arf80 from fraud or error arml are consldered materSal If, ndduAl or In the aggr8g. they o)uld rea6cabty be expeGted to Influencé the econorrdc declslons cf users taken on the ba818 of financlal ststsments. Irr8gularth88. Includlng fraud, are in8tsnces of non40mpll8rui wllh laws and regulation8. We design procedurns kn line wlth our ra6pon8lbilkn8, outllned abo, to deteLt materfal mls8talements In respect of Irf•giAorllle8, InGluding traud. Tho axlent to whlc our PrO(r•I ar• capsbla ol detectlng Irragularftl#. Includlng fraud18 detalled b•Jw. W8 dI888d laws and regulaffon8 and fraud rl8k8 durlng our audlt planning prcKedur88. The char mu8t conTJty wlth the Charfti86 Act (Nothern Ireland) 2008 and prew finala1 8taternents whlch glve a true and falr vlew In accordance with the Act and supplementary regulatlon8. It must meet the roquiremenis of Ghar5ty re9atIOn and 8pply fvnd8 kn accordance wlh any condltlons re8trlcJo attacfrd. The tru8t8OS CW8lder that fraud, 11 It were to occur, 18 mBt lik6ly lo iivofve the ml8approprlallon of Ino¥)m•. Our 8ng8g•ment tsam collecdv8ly had approprSats experl8nc8 of £P8b10 laws and regulatlons and comwenca ID rwnlse nrM-(x)mpllanc6. W8 used checklF6ts In ovaiuatlng the presentallon, 8truciure and contsnt of the Ilnanclal sl8tem8nts. con6lderthat ouraudit h85 a reasonab18 chance of detectkng materlal non<ompllance wlth law8 and r8gulatlon8. We remaln nnd[u1 that fraud, by 118 vary noture. rmy be d111kt to detecL A111 pro¢8dure6 were planngd and perforThd to tést cothls In place for Mcotdong and banklng Income. We al80 undertook analytlcal pro(xdurn8 to klentlfy trond8 that mht Indlcate nl8aPprrlkn of knMm•. We con8ld8r that ¢Jur audlt a reaeon•ble of détsctkng materlal fraud In th18 ar•& A8 Part of an audlt In Kcordance wlth IS48 (UK), w• 1¢1?8 professional Judgnwnt and malntaln profe8BioNqI ptI$M throughout the audlL akno: Idenufy and assess th• rlsks of materlal rnlsstatem8nt of the flnanclal 6tstemeni8, Ythether due to tra1 or érror, des¥n and porform audlt prtt•durns rosp0n88 to thooe rf•k8. and (thln audlt evthnco that 1$ 8ufflcknt orNI apwowlat• ID provld• a ba•lB kn our opknlon. Tho r18k of not detrj a material m188tatement resulttng from fraud 18 hlgher than for one reIt1j error, as fraud may involve llusIon. forgery, inknnal omlssfjons, m15reFwntstion8. or the overrlde of Intemal contrd. Obtan an undersl8ndlng of kntemal control relevant to th8 audit n order to de8lgn prccadures thei we 8PFryrkts In the clrcum8tance6, but not for the purpcAe of expr•sJlng an opknbn on th• eff•cllvono8• ol tho Intwnd control. Evaluats tho approprlatanew of ac(ntIl¥j polkle8 U88d and the rea8onabl8ness of accountirvj e8limate8 and related dlscbsur83 made ty tho tru8t88S. 11
Bangor West Congregation of the Presbytsrlan Church In Ireland Ind•pend•nt Audltor's Rgport to the Members of Bangor Wo8t Congregatlon of tho Presbytorlan Church in Iroland MUIR&A DY Year andod 31 December 2024 Conclude on the approwiatene88 of lh8 tnJ8tees' usa of the golng concern basis of accounllng and, ba88d on the audit evidence obtalned, wheU)er a materlal uncertainty ex18ts ralatad to events or condition8 that may casl wJnificant doubt on the charity'8 abillty tr) contlnu8 as a golng concern. If we conclude that a materlal unc8rtalnty exi8ts, we are requlred to draw attenUon In our auditor'8 report to th8 related dlsckjsures in th6 flnanclal statements or, If suth disclosures ar8 Inadequatè, lo modify our oplnlon. Our concluslons are based on the audit eviden oblalned up to the date of our audltor'8 report. However, future onts or Lwndltlons may cauge the charlty to oa8e to cxjntlnue a8 8 golng concem. Evalu8le the ovgrall prasentatlon, StruGra and content of the flnanclal thment8, includlng the dl8closure8, and whetherthoflnandal 8tatemenl8 r8pre8entth? underlylng transockn and events in a mannor that achleves falr pre8entotlon. We communlcate wilh those charged wllh governance ragardlng, among othér matters, the planned •r4OPO and timln9 of the audit and s1gnifint audlt Ilndlng8, IlUdIng any Slgnlficant defid•ncloB in intemal control that we Identlfy during our audlL of our rnport Th18 report 18 made solèty to the chaflty's men*eTS, a8 a bcdy, In 8ccofdanc4 wlth sectlon 65 of the Charlt188 Act (Northem Ireland) 2008, Our audit work has baen undertakn so that we mlght state to the charty'8 rnemberB th08e matters we aro requlred to 8t8te to them kn an audltots report and for no other purpose. To the fullost extent permltted by law, we do not axept or a88ume rosponslblllty to anyone other than the charlty and the charty's mlber3 as 8 body, for our audtt worl for thls report, or for tho oplnion8 M hav• fomiad. Muir & Addy Ch8rt8r8d accountants & statutory audibr 427 Holy Road Bemast BT4 2LT 10 May 2025 12
Bangor West Congregation of the Prosbyterlan Church in Ireland Stat•mont of Financial Actlvltl Year ended 31 D•comb8r 2024 2024 20TJ funds fivKls Tolal fund• Total knnd8 Inc4xn• •NI •nd0wmts Donatlons and18gacl86 Charilable actlvltlgs Inv•thont Inc(Mno 481,530 26,393 13,504 601,427 183,841 123,194 3h85 310,520 845,371 149,587 11.989 811147 817,037 135,338 4,107 75e.482 Total Incom• Exp•nd11• Expendliur• on char5tabl8 adlvlll88 Total qndItUr0 464,235 324,068 464.235 324.068 n8.303 708.303 1,009.885 1,009.885 N•¢ InwMll•xp•ndftur•) 37,192 {13.548) 23,644 1253,403) Trnn8f•rn bets8en fvnd8 (15,000) 15.OIN) N•t rnmrn•nt fn fund• 22,192 1,452 23.044 (253,403) R•ColI11t10n of lund• Total funth brought fornwd Totsl fundl oarrf•d forwanl 1.146,015 1,188,207 18B.900 1 J34,910 1,588,318 1.352 1.358.559 1,334,915 The 8tstsmant of )Inandal a(*MO88 Indudoj fill gdn8 aNI10880B rwnl8ed in the y81r. All Ir¢(%Jrn8 and oxwndlturn dorfve frryn contlnuiNJ aclMtte•. Th• noty• (m ygel 16 to 25 form part of Ihase flnanclal 8tat•m•n 13
Bangor West Congregation of the Presbyterian Church In Ir•land Slatemgnt of Financlal Position 31 December 2024 Flxed a88ets Tongiblo Ilxed a88at8 13 700.171 700,171 Curr•nl •1•ots Debtors Ca¥h at bk arKI In hand 14 29.930 642,375 671305 34,732 637,601 Cr•dltor8: amount• lalllng dua wfthln ono y•ar N•t ¢urrnnt 15 13J17 2,857 634.744 1,334,915 1,334,915 658.368 1.350159 1.358,559 Total l10Th1 I1111t)•¥ Fund• of th• char R8Btrlctod lun ustrI¢ed fund8 190.352 1.168307 1,358,559 188.900 1,148.015 1,334,915 Total ch•rlty fund8 17 Th080 financial 8tstomonts were 8ppmved by the bo4rd of tru6ta88 and 8Uthor180d for188uo on 10 May 2026, and are slgned on behalf of tho board by: Mr L Conw•y Tru8toe MrJEve Trustee Th• nol•• on p•yH 16 to 25 form partof thov fffi•n¢l¥l ¥t•tsment& 14
Bangor West Congregation of the Presbyterfan Church In Ireland Ststsmgnt of Cash Flows Year onded 31 December 2024 2024 2023 Cash kn from oprntlno athltl•B Net incomel(expendliure) 23,644 (253,403) Olhar Interest receble and slmllar incom• Af%ru1 (Incomy•xpgna88 (18,989) (2,615) (4,107) 217 Chang081n.' Trnde and other d8btor6 Trado and othar crgdltors 14369 4108 22.517 (3,150) Calh g8nerated from cp8ralh)n8 Inter8Bt re1V•d Nat ca•h froffll(u8•d In) opwaung actlvlU88 (260,443) 16.9B• 39,506 4,107 (256,336) N•t Incr•a•Id6¢r?A$e> In calh and cash •qulvalDnts Cmh and ¢ash oqulval•nt• at boglnnlng of y•qr Cash llnd ca•h •qulv•knnt• •t •nd af y•ar 39,506 102.869 042,375 1256,336) 859,205 002,889 Tho noies on pag•• 16 to 25 forni pwt of the¥• limndal gtat•m•ht 15
Bangor West Congregation of the Presbyterian Church in Ireland Note8 to tho Flnanclal 8tstsmonts Year ended 31 December 2024 G•n•rnl Infornmllon The tharlty 18 a publlc b8nefit entlty and a r8glEt8r8d (]arlty In North8rn Ire18nd 8rKI 13 unlncoTporated. The addres8 of the prfndpal offlce18 91 Crawfordsburn Rcad, Bangor, BT19 1 BG. stat•m•nt of Gonwllanco These fln8n¢ial 8tatements hove been Fyeparad In compllance with FRS 102. Thè Flnancial Rorting St8ndard applcable In the UK and the Republic of Ireland, the Sts19ment of Recommended Practlr appllc8ble to charllfa? pr8parlr#J thelr acunIS In accordance wlth the FInal91 Reportlng Standard applkable In th8 UK and Rapubllc of Ir818nd (FRS 102) (Charltl88 SORP (FRS 102)) and tha Charftle8 Act (Northem Ireland) 2008. A¢untIng pollch• Ba•1• Of preparnuon The financlal 8talements have bean prepared on the hiatorkal COBt bAs18, a8 modH18d by Ihe ravaluatlon of certaln finan¢l?1888etB and11obllttie8 and Inve8lm•nt propartl68 rneagured at fair valua through Incom• or expendlbJr•. The Ilnanclal 8tatements are prepwgj In fjterflrvJ, whlch18 tho functhjrwl lxrrry of the ontlty. Golnq c•nc•m There are no mateflal uncertelntles about the charlty'8 abdlty to ¢ontlnue. Judg•rn•nts and k•y •oure•• ol e•tlm&tlon uncertalnty There arg no areu of OlgnintJQrn0nt or koy 8ourceB of e8Wmatlon uertaInty. Fund accountlnq Unre8trlcted fund8 are avallable for u8e at Ihe dl8oretton of tho trustQO8 to further any of the charlty8 PUfP08e8. D081gnated funds are umslrlct•d funds 8armark¢d by tha truoteoB fDr Part1 futurv proJaGt or conwnltmonl. Rgstrlclad funds aro 8ubjectad to r88tsttTon8 ontholr WdItre declared by tho dorM>r thrgh the térnis of an app•al and fall into on8 of iwo 8ub*a8888: re8tr1cted income funds or endowment fund8. 16
Bangor West Congregatlon of the Presbyterian Church In Ireland Notss to Ihe Flnanclal Statomonts Yr ended 31 December 2024 & Accounllng pollch• (¢th•thu•dJ Incomlng r•¥ourc All krnIng resources affj Induded In the statement of fin8ncial actlvlllBS when gntitlamont haB Pfi880d lo the ch8rity; It18 probable that the economic b8n8fits 888oci8tsd wlth lh8 transadlon WUI fl(w to the th8rlty and Iha amount can be rnlbbty measured. The fofA)wlng 8P8cffic kxJllcle8 Bre aPd ts partlcular cAt•prf88 of Inc(Tho: Incomo from donallons or gr8nts18 rncogn188d when thero 18 QJanCe of •rrtMlom•nt to tho glft, reclpt18 probable and ft8 amount ¢xn bé me88ured re18bly, IwJacy Incom81B regnI80d when racelpt IJJ probable and gntitlom8nt IB Utab1l8d. Irwme from donaknl 0d$ Is measwed ot th• lalr value of the wJod8 unle8B thIB ImpracilGal to moMufe rellatty. In th ca•0 Iha valua la dorfvod from Ihe ¢o•t to the dOrr or Ihe ejllmated rnqalo valu•. DOnfite faclllUe8 and 88rth aro recognl8od In tha acco when recelved ff the value can bo rdlobly maasured. No amount8 are Includad for tho contrllxrtlon of g8ner81 volunteer8. knwme from contracts for the 8upply of servlces is recognised wlth tho dellvwy of the contracted 4ervlc•. This 18 da88ffied 88 unrestrlcted funds unles8 Iherg 18 9 contractual requlremont for It lo be Bpont on a partI14r purpo8e and rolumed If unsperrt. In whlch case It rnay rogardwl •• Y••trlctsd. R•wurM• •xp•nd•d EXdIture[S recognlaod on an a¢crua18 •s 8 Ilablfty18 IrKund. Exp8ndlturn IrludeS any VAT whlch cannot ba lully r8coveréd, and18 cFasslfled undar headlngB of tho 8tot•mant of flnandal acllvllkn to Ythl( tt at•8. expendlturn on raIBl fund8 Indthl•• tho eo8ts of all fvndrn181n9 actMtlo•, w•nt•, rn cthorltablo tradlry and the •ale of d¢natKI uK)od•. axpendlture on charfl2ble aBtlvltlo8 kncludes all co8ts InAxred by a charlty In urnlertaklng actlvltlas that fther ILS tharltable alm8 the benefrt of Ils benefidath, kncludNI9 thoge sw)port Costs relallng to the emnCe of thg thartty appOrtILad to challtable actMtleB. olhor•xp0ndrn all expend1rn that18 nellh8r rdoted to ra[ng fund8 forth• charfty nor part of Its OXPOTMllknre on ch8rftabl• ulvitkn. All are allocated to axpèndlture cateporf88 refie(*lng Ihe u8e of the re¥ourc& Dk8Ct costs 8itrIiKrtable ta a 8lngle acttvtty aro alkKaW drectly tr) thAt Octfvlty. Sh8red costs arn apporlonod bthwn the 8cNtiBs they C<xrtr1kn th on a roa8onable. Justlll8blo and ClMIB18tent bfi&B. TanglbJ• •Mot• Tanglble a888ts arn Inltlally recorded 8t C and iubgequently8tat8d at¢Nt less ary acMUlated dapraclallon ar Irnpolrment1058e8. 17
Bangor West Congregatlon of the Presbyterlan Church in Ireland Notss to the Flnanclal Statements {¢Mthu•d) Y•ar •ndad 31 Decembor 2024 Accountlng polkla• (C•d1 D•prnGlatlon Depreclatlon18 calculated 80 a8 to wrlte off th8 CO8t orv8lu8llon of an a88et,1088 It8 mldual valua, over the u8afvl ea)nc>mlc life of thal as8•t as fdlowB: Equlpmenl 25% gtralght Ilne Impalrm•nt of Ilx•d a•••ts A r8vlew for Indlcator8 of Impalnnent18 carrled out at each reportlng dat4 wtth the recoverable amount b8lng 8811mated where Such indlcotors &x18L Wh8ra Iha carrylrvJ valu8 8xcaBd8 the recov6rnble wnoun( th• 8660t1s Impaffed accordlrKJly. Prlor Smpatrm8ntB are &lBo reviowed for P088lblo revernal At roportkng date. For lh8 purpo8e8 of Impalrment ts8Ing. when It Is not P0881ble to estlmale the re(xJv8rnblo amount of an Indlvldual a888t. an 88tlmat815 mad8 of the recoverabl8 amount of Ihe ca8h•neratlng unSt to whlch the 98get bolong8. Thè caBh4aMrating unlt18 the 8mallo8t Idgntlfl8bl8 group of a68ets that Includgs tho aat and gonerats8 cash rfflows that arn largaw Independent Oft ca8h knll from othor 888Ot8 or gYOUP8 of a88eli. D•fin•d Gontrlbutlon plan4 Contrlbutlon5 to deflned ry)nlrfbutlon Pla are reGognlwl a• an expanse In the perlod In whlch the rolatad servlce18 provlded. PPaId contrlLwllons grg recogn180d as an 4•t to the that the prepayment wlll18ad lo a reductlon In future payrn8nt• or a cash refund. When ¢ontsllxrtlon8 are not oxpectad to Jettled wholly wlthln 12 months (* tho end of the reportlng date In whkh the arlOyee render the retated 8ervlce, the Ilablllty18 mwLKed an dlscounted present value ba818. The unwlndlng of tho dl8count1s recognlBod a8 an •xpan80 In th• perlod In whlch It ar18e8. 4. Donatlon• and1•9a¢l•• UnrestrIC Re81rfcted Total Fund• Funds Fund8 2024 Don•llon• Flegul8r Dlract Glvlng Donatlon8 MISlIAne0U3 Incorne Glft Ald 357,431 14,356 18,289 70,676 152,436 1,000 509,867 18,356 18.269 101,081 30,405 L•gacl•• Legade Grnnt8 Grants fr(xn church oryJanlJatlL 798 798 461,530 645,371 18
Bangor West Congregation of tho Presbyterian Church in Ireland Notss to Ihe Flnancial Statements (Affn Year endod 31 Decembw 2024 Don•tlDn• and I•AKI•• (lln UnroslrfGted Re5trtct1 Tolal FurKI¥ Funds FutK18 2023 R6gubr DiraGt Glvlng D(all¢ Mhcell•neou8 IrKorno f31ft Akl 347,303 9,580 757 eo.389 150,584 497,887 12,182 757 88.117 27,718 L•gad•• Legaclo8 15,753 15,753 Grnnl• Qrnnts trom thwch Oal•) 1341 4¥118 2.a41 817,037 180.924 & Charfthbl• actMtI•s Unre8trldod Restricted Total Fund• Fd Fund6 2024 Coww•gatlonal actlvlU•• 0ffdanl8allon8 Bgor Wegt Nur89ry Playgroup 28,393 17,000 37,781 87,908 123,194 43.898 37,781 67,908 149,587 393 Unr••trlctsd Rothctad Tolal Fund8 Fd• Ful0 2023 CorvJregalh)nal actMIIo8 Organtsatk>n8 Bangor W88t Nurnary Playwoup 30.875 13,122 32,119 59,222 104.463 43.997 32.119 99222 135,338 30075 Q Inv••kn•nt Incon Unrestrlcted R85tr1ct8d Tolal Fund• Furhl8 Fund¥ X124 Bank Inl8re8t rocehable 13.504 3,485 1Q989 unrcteAI ReBITiCtod T(knl Fund8 Fund8 Fund• 2023 Bk Interest recelvatrA• 2.437 4.107 19
Bangor West Congregation of the Presbyterian Church In Ireland Nol•s to tha Financlal Statements (¢onthiu•dJ Year ondad 31 Dec•mber 2024 Expendlturo on Gharltabl¢ •Gl1vltl by fund type Unreslrfthd R68ttl(*ed Totsl Funds Funds Fund8 2024 Congregotional Acllvitie8 & Mln18ty MSB8lon & Outreach Youth & Chlldren Nurswy Playgroup Churth Organlsatlorra Support (¥)sts 456,250 174,271 53,838 629,521 53,838 5,385 60,713 35346 3.600 788,303 5,385 80.713 35,246 3,8 464.23S 324,068 Unrestrf(a8d RQ8trfC Tolal Fund8 Fund6 Funth 2023 ConBre9ational AGlvftle• & Mlnlsty Ml88kn & Outroach Youth & Chlldren Nursory Playgr<>up Chureh OrganI8orrI Supp(Mt cxmts 703,900 132,690 80,080 836,590 80.08Q 0,909 52,083 31.483 2,760 1.009,885 8,W9 52,083 31,463 1760 7115e9 298,316 Expandlturn on Gharftablo aGIlYltl by vIty typ• ActMlle8 undertaken dlrecty Support T¢)tol fvnd• 2024 Tot81 fijnd 2023 Coryr8gatkJnAI Pdlvlllas & Mlnl8ty Ml881on & Outr84ch Youth & Chllthen Nursery PlayYJroup Church Organlsatk)n8 829,521 53,838 5,385 80,713 35.246 629,521 53,838 0,385 00.713 35346 3.600 7B8,303 836,590 80,080 8.909 52,083 31,463 2.760 1,009.885 3,800 3,eoo 784.703 Net Incom(0xPendI1Ure) Nel IMmel{axpendlture)18 sta after crg1w1(Cr•d1t1W). 2023 Fees Payab ft)r the audlt of the fina[al 3tstemem8 3.600 2,760 20-
Bangor West Congregation of the Presbyterian Church In Ireland Notes to tho Financial Statements (Mft¥nu•rfJ Year ended 31 D0mber 2024 10. blaff oo•ts ThD lolal staff CQBts and employee b8nelEts for the reporting per11 are analy8•J a8 fDIIows: 2024 2023 Wag86 and salarl88 Soclal 8urIty c06ts Eryloyer ntrIbutIonS to p8n•lon p18n8 (08a not• 16) 346.890 349.910 27,484 25,791 20,n4 26,952 400.098 402,653 The average head cOt of ernployeos duriNJ the year wa8 18 (2023: 18). The number of empW88 whose romun8rnuon for thè yoar fell wtthln the follwlng bfi Th18. wor8: 2024 No. £60.&)J to £89,999 11. TN•t•• r•mun•ratlon •nd 0xp•n¥ Rav Or Charleo Mcmullen and Rev RIGhard Hou8ton {apinted 28 April 2024), who are employed by the Pre8bytwlan Chwth In Ireland (PCI) a8 mlnlster and 88JiBtsnt mlnlster of lh• conwegallon, recdv&d r•munoratlon d £78,319 (2023: £51,280>. pon8lon cmtrlbulYJnF of £18,317 (2023: £11187) and Penl £11144 (2023: £7.W) durlng tha y80r.
one recelved remunernfjon for 8ervknB a8 a tru8ts0. 11 Trnnthrs b•tw••n fund• Tran¥fer8 frrffi the G8neral Fund to a namad nd ere dl•rAvtl(xwy. Such tron8fern are agreed by tho Ccrnltlao and 8eMlon. Th• folow1 transfern ¥r• m•da durlrva 2tr24: - £15,C4JO from No1 General Fund to No7 Mknlon & Outrogth. - £4.000 from No1 Genernl Fund to NOB Young Weol Fund. l& Tanglbl• nx•d ••••ts Land and bulldlry8 Equl)ment Totsl Co•t At 1 January 2024 •NI 31 D•e•mb•r 2024 D•pr•clatlon At 1 January 2Q24 and 31 D•pJmb•r 2024 Cwrylng amount At 31 Dec•mbor 2024 700,1T1 12,038 711209 12,038 1103 700.171 700,171 700,171 At 31 December 2023
Bangor West Congregation of the Presbyterian Church in Ireland Nota8 to tho Flnancial Statements (eonthu•¢ Y•ar ond•d 31 D•c8mber 2024 Fre&hold Proty contain6 bNo (4a8808 of a880ts.' church propety and resldentlal Fyoparty. Church propertles are the bulkllngs used to carry out th8 activllle8 01 the church. They are carrled al cost and depredated over thair estimated economlc Ilfe of 50 y88rn. P4 part of the tranlJOn to FR8102 th16 das8 of property h dgemed lo be fully WTltten off arKI havlTrJ a nll cerrylng valua cffl a cc•t bas18. RIdentIal properties Include the m8nBe and the pri¥)8rty 8t 93 Cr8Wfd8bLMn Road. Such prDP6ty Is shown at market value In accordance wlth FRS102. No dgpreclatlon haB bean appll8d as th6 propertks 8rn subjed tc regular maintenance to malntaln thglr value. The monBe16 valued at £350.000 The proporty at 93 CrawfordsLM Road18 valued al £350,171. The titlè of tho propwty 18 VO8tod In the Education Board of th8 Ard8 Pre8byt8ry WIK) hold the propety in trust for Baryar W88t Congregation of the Pre8byierian Church In Ireland. 14. D•blorn 2024 2023 Prepayments and accnl Incom8 0th8r dèbtorn 20.759 9.171 20,930 10.110 24.822 34,732 15. Cr•dltor•: amount• falllng du• wlthln one y••r 2024 2023 credltorn AcGrual8 and daferrod Incomo 4108 2,867 2,857 13017 16. P•n•lon8 and oth•r pD•t Mtlr•m•nl b•n•fit• D•fln•d eontrlbutlon •¢h•m• The anUnt rocogn18ed In income or expernjira a8 an exp•nqe in rolallon to dofined cthrtrSbution plan8 was £6.895 (20. £8.493). D•fIn b•n•llt •chome The mln18ter and a6sodate m]nlster of Ihe congregatlon are MaMr8 of the Presbytarlan Churth kn Ireland Pensk>n Scheme (2009). Th[8 IB a scheme owratad by th8 Pr08bJtsrlan ChLrch In Irel8nd, a s•parat8 r8ufjsteNI charlty. The ccmoregatlon pays an a88668ment to tho Pra8byterfan Church In Ireland aquivalent to the employerfs ponslon contrlbutknn foT the Scheme and bas1 ¢)n the stlpend$ pald. The PreFbyterlan ChurGh In Ireland Pension Scheme (2009) 18 a funded Stheme of the qjefined beneffil typei provldkng defined benefits based on career aver8g8 ravalued salary. The Schome has 8388ts held In 8 8ep8rately adrnlniBtej fund rnan8ged ty a tx>ard of trustses. The Presbyterlan Church and the Stheme Truste8B h8v8 agreed a funding plan lo en8ur6 th8 Schem8 is Bufficiently lunded to meat current and fvture obllgallons. A formal schedule of conlrlbutlons was drawn up M 25 November 2015 wtsY the Presbylerfan Church agreed to pay from 31 December 2015 contrlbutions of 24% of pensionable 5alari85 to cover th8 aCcrL1 of bonefits for fulure service, expenses, the cosl of imurng death in 88rvice befits and funding tha
Bangor West Congregatlon of the Presbyterian Church in Iroland Notss to th8 Flnanclal Slatemgnts Yoar ended 31 December 2024 scheme dthlt. The ccmtrl)ulFons made by the congregatlon dwlng tha y•ar for the mlnl818r, asociate mintstsr and dea¢8$8 wore £19,029 (2023: £20.4591 17. Analy81• of charltabl• fvnds UN•Jlrlct•d fund• JI 01mblI 1 January 24 Income Expenthjrn Th8rKs Gèmrnl fund Goneral fund reserv Flxed a550t fund BuNthng lund Young W8•t fund Kllcooloy fund Kllcooley fund ra8a 116,134 267.388 700,171 2.608 1.688 52A34 5.824 1,146,015 461,547 <417.968) {19.orJo) 140,713 70D,171 3.091 493 7,013 32,374 (10.199) I.444) (5.624) (464,235) 4.ljlo $4.364 001,427 {15,000) 1,168307 At 1 January 23 31 D8(mb8r Irwma ExpwKlknra Trof0 General fund General ftmd reserv• Flxed 888et fund BJIng fund Young W•6t fund Klcooloy fijnd (xAy fund rn4•rvo 125,389 280.624 7,171 2,080 2,014 45,708 249,940 1,405,926 420,837 7,753 {410,692) (21,009) (19,500) 116,134 267,368 7C<I,171 2,598 1.886 $2,424 5,824 {15.LMJO) 1.148.015 518 2,081 37,4e9 (6.909) (30.743) (244.316) (713,569) 4e8,858
Bangor West Congregatlon of the Presbyterian Church In Ireland Notes to the Flnanclal Ststsments (6•nl Year ended 31 DoGember 2024 17. Andy•l• of charftablo fund• {¢gntinu•dJ Restsfct•d funds Al 31 D•¢•mb•r At l January 24 Income Expendlture Transfers Benwolent fund Development fund Uted Appa81 M1881on & tha¢h fvnd Bangor W88t nurnary & ploywp fund Glts, BrlgAde M8n'8 Felowshlp Mum8 & Tots Pa5ntlng for pleasure Boys, Brlgade Pre8bylwlan women SatLKday Men's Folluw8hlp Sycamorn Club Badmlnton Club KPC Square Centr• KPC FrfBrMl8hlp Group KPC Sunday School KPC Pro8bWerlan Women KPC othw organ18atlons 150,168 99,984 40,983 50,544 (117.155) (39,891) (53,838) 132.997 1.390 20.538 830 15,OC#) 6T,908 15,085 4.774 1.990 110 12,668 1,171 (eo.713) (14.144) (S.8) {584) {134) (12,527) (1.074) 11580 7,440 1067 1590 35 1089 315 8,519 2,301 1,184 59 1,948 218 431 1,800 {44) {1.081) 1,719 6,837 424 13,320 256 (17,180) (380) 1977 300 767 <335) 1,023 188,9CKI 310,520 {324.088) 15,0fA) 190,352 At 31 Dec8mb8r 23 1 January 23 Incomo EXpdIture Tran8fer8 Bonovolont fund Development fund Unlted Appeal Ml8slon & outre8ch fund Bangor W8xt nurnery & playgroup fund Glrw Brlgade Men'8 FollOhIP Mum8 & Tot8 Painllng for pleasurn Boys, Brlg8de Pr8sbyi8rfan wmn 147,452 83,071 39,359 63.517 (80,355> (39,081) (80.080) 150,188 298 8.830 10,393 16.000 2.504 7279 1,327 59,222 14,887 4,579 155,341) (15,647) {3,805) (317) (95) (7,352) (1.430) 6.385 6,619 2,301 1,184 24 1,993 130 7,307 1,386 1,948 218 24-
Bangor Wast Congregation of the Pre8byterlan Church In Ireland Notss to tho Flnandal Statoments(owthn>J Yoar ended 31 Decemb8r 2024 17. An•ly41• of chKftabl• lund• srdaY Mgn'8 Foknhip Syc8rnr8 Club Badmlnton Club KPC square Centrn KPC FHandihlp Group KPC 8undBy 8chool KPC Pr8sbytdan Woman KPC (thar orgarfsa 455 (410) <374) (420) (10.016) 431 1,365 420 10,536 416 ,317 6,837 424 247 (247) 188 216 1,186 (763) P16) {296,318) 182,392 287,824 15,(Y)O 188.900 18. Andy•l• of n•t •i••t• In lund• Unr¥trlGtsd R88irlcted Tol•l Fund• Fund8 Funds 2024 TangltrAe red a888ts Current a880ts Cr6thiof81••i than 1 y• 7.171 480.243 (11322) 1,187.002 71)0,171 672.300 <13.917) 1.3S8,509 192.062 (595) 191,487 Unre8trkad Re8trlcted T¢Jlal Fund8 FundB FundB 2023 Tanglblg flxed a88ets Cufferl a808th CradJtsir8 than 1 yow 700.171 441&)4 (2.780) 1.1W015 700.171 637,801 <2,857) 1,334,915 188,997 (97) 188,9fM) 19. ATh•ty•l• ol thangm kn n•t ea•h 1 Jan 2fJ24 Cagh IIM 31 D•G 2024 Ca8h at bAnk and In lNJ 802.089 39.51 fy42,375 25-