CHARITY REG￿RATIoN 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 DeB￿ber 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 RObIr￿On Mr R Scott Mr P Shlelds Mr8 H T￿Mp• 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 aCc￿ntants & statutory a￿lIOr 427 Holywood Road 8T4 2LT Bank•r• Daneke Bank Dwall Squar8 W￿1 B6lfast BT16JS Bangor West Congregation of the Presbyterian Church In Ireland Trustees, Annual Report fMnrfnv••) Year ended 31 December 2024 8fru¢tsry gO￿rnanG• 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 fulfIl￿ry 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 AUth￿lty 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 C￿mIttee vAth balh 811e# havlng elei*ed 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 nuIrt￿r 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 ¢(￿￿nV￿od 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 ￿hOl￿nCe 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 C￿rch 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 l￿dgeL 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 pract￿1 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 Ir￿Urance. 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 nUMber￿0th8r member6 of lh8 c£)ngregallon: Prop Human Resowc88 Flnance CommuniLXtk)n8 Catyriw & Hospllallty Each of th•Be groupa h ￿1r￿a 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 S￿daY a range of olher act7￿118• mkl-waak. All aro open to anyone of approwlaie age andlor pnder whether or not tr￿Y 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•- ￿ Wel￿me 8nd f(* ev8ryone tcg8ther T￿1 - wfr reach out In lov8 and 8ervlc?. Thore are elfectfvely fiv8 w(nhl> 8eNlceB across aur two 8ltes every Sunday m¢xnlng, IT￿1￿11ng 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 Cr￿￿e. 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 0￿h wo• W• have o numb9r of 8tratagl•8 In place lo welcffee between the 8eth and a faw elder8 or memb8r8 tho ¢cmgrng8tlon, aloThJ with th ffeo aeMr8 ha￿ tholr anknnaa ￿ned to kkntlfy nthv people and Introdu￿ Ihem to olhera who cen provldo apwoprfate Ilnki. Informatlon or fvrthor IntrDductlon8. Thlrdty. tho offlco 8tsff act a8 a condull to Introduce or pa86 on lh• Mrn•8 ol r￿W PeDple to the Mlnl•ter or ot￿rstaff mornb￿ and gub••qu¢nlly, to the leader8 of thos8 grnupj In Tpthlch vlsltor8 or ngw people ffllght ba kn18re818d. FInallY￿ pwkndl(xlly )kl lor n8w member8, 'Plzza wlth th? Pa8torn' knr 8unday momlng Twornhlp. The Klkxloloy Church18 smaller and currenty about 80% who attend S￿daY knhlp come for ￿ffee kn the na￿lY refvrt>lshed Iwlcome area. The acthltl08 In Kllcooley arn delberntely planned to reach out potontlal new memb8rs 8rKI th088 who 8xprnss an Interest In lewnlng more we met by our mh81(￿ and Outr•¥h wothr. vtho a crfkal rn18 In Ilnklry vAlh th• communlty tho v•lou• c¥Jmmunlty group8 In th8 ar•a, Invlung to clvjrch and ensiwlr¥J th•y Mcolve a wami w•lGO from momber6. The PaBkYal Care AGllon to3m htts worked ov8r tho courne of the y88r to rovlew bNI care for our m8mb8r8, Partkularfy those who are hou5￿boUnd ty In188s good heolth. Around 19 dlffwont Car• hcffies arn vlslted a8 wo11 au Indvlduals In thelr hoThB. Tho paBtoral vl8ltors 8180 follow up wlth I￿11[8£ who ￿¥6 beon b•r•2ved And vl811 now rnum8. The Pa8t(xBI Care of the Lx)ngrngaOon 18 undortak•n by our mln18tern Wid a180 al•im of around 25 traln•d pa8tornl vlBltor8. Dliclplo8hlp knclude8 our Life Gmup6 (about 25 of thom whlch 9on8rnlly rnegt lortnlghtly), twght cour8•8 a woyamme of 8OOgeU(￿b￿S￿ s8rnlnw8 (on themes 8uch 08 Scdal media) and nM)Te reCOn￿Y reathlry out to o 2040 year old8. The Ilfe In th8 Splrlf cour88 h85 beon runnlng kn West almost 81nce th8 Church's fwndalon and was 8 key Iwlldlng-block In Its gru•th: h L8 the CL￿dult for Jlgnlfkant numtm to grow deeper In fatth. 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 Outr￿ch. 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 EaStsrmi88￿n (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 I￿1￿Je In our outrèach work, L￿le 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, b81rfer￿erS(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 C￿trIbUtIon lo Ihe Pr98bYtwl￿ Churth's Unlted App•al for Mlulon 1£39.891 for 2024), wllich supports varlou8 cha￿lncY 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 Ne￿boUrhOOd 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 $UPPOrt the th 01 salez0￿. pa8toral and outroa¢h mlnlsty on Ihe 8treat8 of Bangor on Saturday avenlngB. Property Conslderablo rem¢dlal work ¢)n the roof of the Rathmore Road Wel(x>me Centrp ha8 been complel8d over the last fvw ye8rs. Upgradhg of our Ilghts to LED ha8 recently been done along wllh mojor rep81rs to the rear Garpark Our pr8ml889 are also useLI by variou8 communliy groups 8nd othw char1118S. Bangor West Congregatlon of the Presbyterian Church In Ireland Trustees. Annual Report(eothMdJ Year ended 31 December 2024 Achknmonts and p•rformana• stafflng Rev Richard Houston w88 appolnted as As8odato Minlster In West- Kllcooley In Aprn 2tr24. He was prevk)usly Mlnlster of Lucan Pre8bytsrtan Church In Co. Dublln. Hi8 key areas of r8$p￿sIbl1ty 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{mvw￿r*. (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 MI￿9trY and m1811on of th• church 8cr08fj1ts two alt•8: find (v) pulplt and other paatrnl dullos a8 a88Ign￿l by Iho Mlnlstsr. In the c4Jurng of tho year, ow chldren's workor re*néd prlor to re￿rnI￿ 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 bOo￿ko0P9r. 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 ￿U￿9 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 COng￿n and to In*0 the rn8t of ProBlrytory. Chol￿66 faced by thg cffiwgatlon. ao that Klrk SeB•lon can bo dkert•d and aqulFged lo dwl th Iho ￿$t pr•88lw188U••; any cthcam8 tho1 Kkk 8888ion may be 81ruggllrvJ tt> deol **h, requlrlng the uitorventton of The preparnlt)n for thls ￿lS￿l￿on prompted a h8Wul Internal ovoluallon ol all the koy 8phltuo1 and materlal a6￿G￿ of chur¢h lif8 and resulteAd In an encouwng and p(xttlve extcmal evaluauor FlnanclAI r•vl•w The Incomlry resources for a118BP8CtB of chun* lile In 2024 arnounknl to £811,947. This unllng Practlce). The 18w applicable to charltlos In NOrt￿m Ireland requlre6 Ihè charity truBtee8 lo prnpare tlnenclal 8tstemonts for eqch year whlch gfve a Iruo and falr vlw of thè 8tat8 of affolrs of the charfty and the Inc<%ning re8our¢88 application of re8ource8, Indudng th8 kn￿me and 8xp8ndlbn. forthat parlod. In preparlng theBe flnandal ststements, the truJtee8 are rnqutrad to.. 8olect Fultsbh ac¢ounlhy ptsllcl•N and t￿n gpply th•m con818tenty: ob8erve the metlvJd8 and prlnclpl88 In the appllcabla Charfll88 SORP: maka Judgements a￿1 8ccounllng 0511mate8 that 8re reaBonable and prudent., epare the finand818t8tom8nts on the golng GcYKorn ba811 (nle88 It18 Inapproprfot• to Prn8ume that Ihe charlty wlll c(Jntirwe In bu8lne88. Th• tru8tow are r98pon81b￿ for keeplng adaquate accountlng rn¢ord8 that are 8urnd•nt to SI￿ and explaln the charty8 tr8n8acllons and dlBc1088 wllh reasonable aciJJracy al ary tlma the flnancial PD6bUon of the charfty and enable them to 8n8ure that the flnandal statemento comply wlth tho Charlt*8 Act {Northern Ireland) 2008. They ar• aloo re3pon8kn1e for Safeguardlng the as88ts of ts charlty and hpnca for tsklng rea80nable step8 for the prevontlon and deto¢tion of fraud and olher Irr8gularliloB. The trustees, annual Mport wa8 approved on 10 May 2025 and 8igned on bohalf 2.ts board oftru8t•80 Mr L Conway Tru8ts8 Mr J Ev8S Tru$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 a￿lled 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 Irn￿nd (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 Ir￿￿1r￿ r•8ouN6 and applkfitlon of r•wwcu, IncludlrvJ It8 Incixne and eX￿[￿re, for th• year ended; have been property prnpared kn accordanc4 wlth Un*8d 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 Indep￿dent 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 I￿￿la1 statements. Condu•lon• r•latlng lo golng cone•m In audlting the financlal statrnits. we have coThJuded that the trustees, uso ofth? golNJ ￿n￿JM bas18 of accountlrvJ in the preparation of tho fina￿la1 gtatements ts wroprfate. Based on the vth we have Fyrfomied, we have not identlfied any materlal urrArtalnkn relallng to 8vents or ¢￿dI￿On6 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 aUthC￿l￿d for I￿u9. 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 mom￿rn of Bangor W￿t 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 agreeI￿t 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$fIed that they glve a tru8 and falr vl8w. and for 8uch Internal control as th8 tru8tées determlne 18 necessary to enable the weparatlon of financial statsrmnts that are free from materlal miB8tat6m8n( whether due to fraud or error. In preparlng the tlnanclal statsments, the tnot888 are respon81bla for assessing the cha￿ty,8 abllty to contlnu8 as a golng concem. d18doslng, aB appllcable, mattern relaled to golng corKxn and uslng the golng concern basls of accounllng unle83 tho tru8tee8 ellher intsnd io Iquldate the chaTSty or to c8a80 operatlons, Qr have no reall8llc slternaove but to do so. Bangor Wost Congregatlon of the Pre8byterfan Church in Ireland Independent Auditorf• R•port to th• Memb•rn of Bangor West Congregation of the Prn8bytorlan Church In Ireland MUIR & ADDY IIIITIII• A(fiiiTIITI fconthu•41 Y•ar •nded 31 D•cornb•r 2024 Audltots rnpon•lbWld•8 for lh• •udlt of th• Ilnanclal slat•m•nt¥ Our obpctsv88 are to obtaln reasonable assurance about whether tho flnanclal 5tatemerts as 8 whole are free from materfal m168latemert whether due to fraud or error, and to Issu8 an aurfiloV8 report that Include8 our opinion. Rea8onobl8 assurance 1$ a hW18vel of aFour￿ce, but18 not a guarantse that an audlt cOnd￿d In a￿dan￿ 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, ￿nd￿duAl￿ or In the aggr8g*. they o)uld rea6c￿abty 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 dI8￿￿88d laws and regulaffon8 and fraud rl8k8 durlng our audlt planning prcKedur88. The char mu8t conTJty wlth the Charfti86 Act (Nothern Ireland) 2008 and prew fina￿la1 8taternents whlch glve a true and falr vlew In accordance with the Act and supplementary regulatlon8. It must meet the roquiremenis of Ghar5ty re9￿atIOn and 8pply fvnd8 kn accordance wlh any condltlons re8trlcJo attacfr*d. 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 £P￿*8b10 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 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 R￿orting St8ndard applcable In the UK and the Republic of Ireland, the Sts19ment of Recommended Practlr* appllc8ble to charllfa? pr8parlr#J thelr ac￿unIS In accordance wlth the FIna￿l91 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 Olgnin￿tJ￿Qrn0nt or koy 8ourceB of e8Wmatlon u￿ertaInty. 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 Part￿1￿ futurv proJaGt or conwnltmonl. Rgstrlclad funds aro 8ubjectad to r88tsttTon8 ontholr W￿dIt￿re declared by tho dorM>r ￿thr￿gh 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 Y￿r ended 31 December 2024 & Accounllng pollch• (¢th•thu•dJ Incomlng r•¥ourc All k￿rnIng 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 aP￿*d ts partlcular cAt•prf88 of Inc(Tho: Incomo from donallons or gr8nts18 rncogn188d when thero 18 Q￿JanCe of •rrtMlom•nt to tho glft, rec*lpt18 probable and ft8 amount ¢xn bé me88ured re18bly, IwJacy Incom81B re￿gnI80d when racelpt IJJ probable and gntitlom8nt IB Utab1l8￿d. 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 dOr￿r 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 partI￿14r purpo8e and rolumed If unsperrt. In whlch case It rnay ￿ rogardwl •• Y••trlctsd. R•wurM• •xp•nd•d EX￿dIture[S recognlaod on an a¢crua18 •s 8 Ilablfty18 IrKund. Exp8ndlturn Ir￿ludeS 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•, r￿n 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 ￿￿em￿nCe of thg thartty appOrtIL￿ad to challtable actMtleB. olhor•xp0nd￿rn all expend1￿rn that18 nellh8r rdoted to ra￿[ng fund8 forth• charfty nor part of Its OXPOTMllknre on ch8rftabl• u*lvitkn. 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 Cmlc 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 a￿at 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. P￿PaId 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 ar￿lOyee￿ 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 MIS￿lIAne0U3 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 Re5trtct￿1 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 O￿a￿l•￿) 1341 4¥118 2.a41 817,037 180.924 & Charfthbl• actMtI•s Unre8trldod Restricted Total Fund• F￿d￿ Fund6 2024 Coww•gatlonal actlvlU•• 0ffdanl8allon8 B￿gor 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 F￿d• Ful￿0 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 unr￿￿cteAI ReBITiCtod T(knl Fund8 Fund8 Fund• 2023 B￿k 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 OrganI8￿orrI 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 c￿rg1w1(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 D0￿mber 2024 10. blaff oo•ts ThD lolal staff CQBts and employee b8nelEts for the reporting per1￿1 are analy8•J a8 fDIIows: 2024 2023 Wag86 and salarl88 Soclal 8￿urIty 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 cO￿t 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 {ap￿inted 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 ￿Pen￿l ￿£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 Pro￿ty 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 tran￿lJOn to FR8102 th16 das8 of property h dgemed lo be fully WTltten off arKI havlTrJ a nll cerrylng valua cffl a cc•t bas18. R￿IdentIal properties Include the m8nBe and the pri¥)8rty 8t 93 Cr8Wf￿d8bLMn 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 CrawfordsL￿M 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 accn￿l 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 an￿Unt rocogn18ed In income or expernji￿ra 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 MaM￿r8 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 bas￿1 ¢)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 adrnlniBte￿j 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 w￿￿tsY the Presbylerfan Church agreed to pay from 31 December 2015 contrlbutions of 24% of pensionable 5alari85 to cover th8 aCcrL￿1 of bonefits for fulure service, expenses, the cosl of imurng death in 88rvice b￿efits 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 01￿mblI 1 January 24 Income Expenthjrn Th8r￿￿Ks 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 Tr￿of0￿ General fund General ftmd reserv• Flxed 888et fund B￿￿JIng fund Young W•6t fund Klcooloy fijnd (xA*y 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 (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• s￿rdaY 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• I￿n lund• Unr¥trlGtsd R88irlcted Tol•l Fund• Fund8 Funds 2024 TangltrAe r￿ed 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 Unre8trk*ad 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 l*NJ 802.089 39.51 fy42,375 25-