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FIRST RATHFRILAND PRESBYfERIAN CONGREGATION OF THE
PRESBYTERIAN CHURCH IN IRELAND
Trustees Annual Report and Financial Statements
for the year ended 31 December 2024
Registered Charity in Northern Ireland (NICIO5054)

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FIRST RATHFRILAND CONGREGATION OF THE pRE5B￿ERIAN CHURCH IN IRELAND
TRUSTEES ANNUAL REPORT
STRucfuRE AND MANAGEMENT
The Kirk Session
The charity trustees of the congregation are the members of its Kirk Session. Under the congregation's
governing document, The Code, the book of the constitution and government of the Presbyterian Church
in Ireland, the Kirk Session seeks to watch over and promote the Spiritual interest of the congregation and
of persons not connected with any congregation who are within its bounds. It ensures pastoral care is in
place in the congregation and seeks to further the contribution of the Church to Christian witness and
service in the local community. The Kirk Sessions has delegated to its Congregational Committee the
temporal affairs of the congregation including administering all funds and property belonging to the
congregation. Members of the Kirk Session are ex-officio members of the Congregational Committee.
The Kirk Session consists of the ordained minister and the ruling elders of the congregation5. All rnembers
are entitled to propose, speak and exercise equal votes at meetings, except that the Moderator, the
ministers in active duty in the congregation. has no deliberative but only a casting vote.
Stated meetings of the Kirk session are held at least five times each year or a5 appropriate.
To be chosen for the office of the eldership in the congregation a person must be a voting member and a
regular attendant on its ordinance5. The selection of those proposed to be called to the office can be
either by the congregation or by the Kirk Session. Members are elected if they obtain two-thirds of those
who vote.
Presbytery
Under the Presbyterian Church in Ireland form of governance the corporate oversight of a congregation
is the responsibility of a Presbytery which superintends generally the Spiritual and temporal affairs of the
congregations assigned to it by the General A55ernbly of the Presbyterian Church in Ireland. First
Rathfriland congregation of the Presbyterian Church has been assigned to the Iveagh Presbytery of the
Presbyterian Church in Ireland. The membership of the Presbytery consists mainly of the active ministers
of congregations assigned to it by the General Assembly, minsters who have retired from active duty and
an elder appointed by the Kirk Sesston of the congregation.

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FIRST RATHFRILAND CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
TRUSTEES ANNUAL REPORT Icont'd)
The General Assembly
The General Assembly is the supreme court of the Church, representing in one body the whole Church
and acting as its supreme legislative, administration and judicial authority, in dealing with all matters
brought before it. The General Assembly is normally constituted during the first week in June for worship
and to conduct its business. At the end of business, it is dissolved. The membership of the General
Assembly consists mainly of the active ministers of each congregation, retired minsters and a
representative elder appointed by the Kirk Session of each congregation.
DESCRIPTION AND PURPOSE
The charitable purpose of the congregation is the advancement of religion.
First Rathfriland congregation of the Presbyterian Church is a congregation of the Presbyterian Church in
Ireland. The Presbyterian Church in Ireland. as a Reformed Church within the wider body of Christ is
grounded in the Scriptures and exists to love and honour God through faith in His Son and by the power
of His Spirit, and to enable her members to play their part in fulfilling God's mission to our world.
The congregations mission purposes 15
Committed to the weekly worship of the Lord. Dedicated to
learning and obeying the Word of God. Motivated to witness to our community by word and action that
Jesus is the only way to Salvation. Encouraging support and prayer for mission in our world. Our vision is,
by the gr(7ce of God. to be on inclusive, welcoming community of Christ's people of all oges.
The congregation aims to live out its Mission and Vision as a family of God's people by being..
A Covenant Community.. where our relotionships ore rooted in the promises of God by livingfoithfully
toward him ond toward one another
An Intergenerationol Community." where adults intentionally take the leod to engage with, encouroge
ond nurture younger members to maturity in Christ.
An Outword looking Community.. where we want the blessings of God that belong to Us in the gospel
to become blessings for others beyond the bounds of our community.
A5 a congregation of the Presbyterit7n Church in Ireland, we believe that the Bible is the supreme
authority over oll we do, and that the Westminster Confession of Faith, olong with the Larger and
Shorter Catechisms set out what we understand the Bible teaches on key matters of ChristiL7n faith
and practice]

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FIRST RATHFRILAND CONGREGATION OF THE pREsB￿ER1AN CHURCH IN IRELAND
TRUSTEES ANNUAL REPORT {cont'd)
AcfiviTIES AND OBJECTIVE5
The congregation meets for worship every Sunday and visitors are welcome to join. The Sacrament of the
Lords Supper is observed on several occasions during the year and all those who have been baptised and
who have made a profession of faith in the Lord Jesus Christ are admitted to the Lord's Supper. The
congregation holds regular bible study meetings and has a wide range of organisations including
Sunday School
Young Fellowship
Boys Brigade
Girls Brigade
Presbyterian Women
Men's Fellowship
Thursday Fellowship
ACHIEVEMENTS AND PERFORMANCE
Worship and prayer
The congregation normally meets for worship each Sunday at 11.30am and 7.00pm. During the week the
Bible Study provides an opportunity for members to meet together for fellowship, to study the scriptures
and for a time of prayer.
As well as our regular services durTng the year we acknowledged God's gift of new life at I Sacrament of
Baptism, we conducted no marriage services, and sought to comfort those who had been bereaved
during the year of which there were14
At 31 December 2024 there were 167 communicant members and 208 families connected with the
congregations. The average weekly attendance at morning worship is 125
Pastoral care
Members of the congregation who are unable to attend church due to sickness or age are visited on a
regular basis by the minister, elders or by one of the congregatlon's pastoral visitors.
Mission and outreach
At 3 local level the congregation gave £8,902 to United Appeal and approx. £3,500 to local charities.

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FIRST RATHFRILAND CONGREGATION OF THE pREsB￿ER1AN CHURCH IN IRELAND
TRUSTEES ANNUAL REPORT (cont'd)
The congregation supports the United Appeal for Mission which is a central fund of the Presbyterian
Church in Ireland. This fund enables congregations to support the wider mission of the denomination
and to do mission and outreach on a denominational basis beyond what the congregation could do on
its own. The United Appeal Fund provides financial support for mission personnel at home and overseas,
assists congregations With the deployment of locally based staff, enables church planting, provides grant
support for the upkeep of church premises, assist with the running costs of Union Theological College,
the Church's training college for ministry students, and financially supports congregation in the areas of
worship, discipleship, global mission. outreach, leadership and pastoral care.
The congreEation also contributes to the denominations annual World Development Appeal, Sunday
School project and any other special appeals.
Presbytery
The congregation was represented at the regular meetings of Presbytery by our Minister and / or one of
the elders. This provides an important link between the congregations and the wider structures of the
church.
General Assembly
The minister and one of our elders were nominated to attend the meeting of the General Assembly of the
Presbyterian Church in Ireland held in Assembly Buildings, Belfast, in June.
Volunteers
The Trustees wish to acknowledge their deep appreciation of those who give freely of their time by
serving on committees and helping with organizations and other church activities.

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FIRST RATHFRILAND CONGREGATION OF THE pREsB￿ER1AN CHURCH IN IRELAND
TRUSTEES ANNUAL REPORT Iconyd)
PUBLIC BENEFIT STATEMENT
The Presbyterian Church in Ireland meets the public benefit requirement by providing benefit to its
members and the Beneral public by making known the Christian Gospel of the Lord Jesus Christ through
the advancement of religion.
The direct benefits which flow from the purposes of the Church include the gaining of an understanding
in Christian beliefs as set out in the Bible and in the Church's subordinate standards (the Westminster
Confession of Faith and the Shorter and Larger Catechisms) leading to spiritual and moral development
and opportunitie5 for response to Bible teaching. In turn, this framework leads to practical expressions
of Christian beliefs and standards in the local community such as through the care of those in need
(including the sick, disabled and bereaved).
Generally. the above benefit5 are delivered locally by congregations and their members, or are
facilitated through presbyteries or are organised and delivered centrally. Local delivery is facilitated by
central resources in almost all cases. Public access is made known through the use of noticeboards,
printed material, press advertisement. website5, and Social media or in other ways.
The benefits are demonstrated through regular evaluation of the services and informal and ad-ho
feedback from members. their families, and members of the public.
The purpose does not lead to harm. The only private benefit flowing from our purpose is related to
Ministers, Missionaries, Deaconesses, Irish Mission workers and Lay Agents who receive benefits as a
result of their holding office or employment. However, this is incidental and necessary in order to
further our charitable purpose. There are no other private benefits. The beneficiaries of this purpose are
members, their families, Other individuals that the Presbyterian Church in Ireland is in direct and indirect
contact with, the community in which pastoral services are provided and other communities throughout
Northern Ireland, the Republic of Ireland. and worldwide which benefit from our engagement with and
support for both Christian and other secular organisations, charities and individual members of the
public.
The Kirk Session has had regard to the Charity Commissions Public benefwt requirement Statutory
guidance.

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FIRST RATHFRILAND CONGREGATION OF THE PRE5B￿ERIAN CHURCH IN IRELAND
TRUSTEES ANNUAL REPORT (Cont'd)
FINANCIAL REVIEW
The congregation's main source of income is members, contributions through the Weekly Freewill
Offering. There were 175 contributors during the year [170 in previous year, 2023] donating a total of
£79,729.1£71,021 in previous year, 20231
Total Income of the congregation during the year was £171,585 compared to £154,041 in the previous
vear.
Total expenditure during the year was £146,412 compared to £130.580 in the previous year.
STATEMENT OF TRUSTEE RESPONSIBILITIES
The Trustees are responsible for preparing the annual report and the financial statements of the
congregation in accordance with applicable law and generally accepted accounting practice.
A5 the congregation's total income does not exceed £250,000, the Trustees have elected under Section
64{3) of the Charities Act (Northern Ireland) 208 to prepare a receipts and payment account and a
statement of assets and liabilities.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the congregation's transactions and disclose with reasonable accuracy at any time it5 financial
Position. They are also responsible for safeguarding the assets of the congregation and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
th
Approved by the Kirk Session at a meeting on 10 March 2025 and signed on its behalf by
Minister
Treasurer

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INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF FIRST RATHFRILAND CONGREGATION OF
THE pRE5B￿ERIAN CHURCH IN IRELAND
I report on the accounts of the charity forthe year ended 31st December 2024 which are set out on pages
10 to 16.
Respertive responsibilities of Trustees and Examiner
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the
Charities Act (Northern Ireland) 2008.
It is my responsibility to:
examine the accounts under section 65 of the Charities Act;
follow the procedures laid down in the Eeneral Directions given by the Charity Commission for Northern
Ireland under section 6519}Ibl of the Charities Act; and
• state whether particular matters have come to my attention.
Basis of Independent Examiner's report
I have examined your charity accounts as required under section 65 of the Charities Act and rny
examination was carried out in accordance with the general Directions given by the Charity Commission
for Northern Ireland under section 65{9){b) of the Charities Act.
My examination included a review of the accounting records kept by the charity and a comparison of the
accounts presented with those records. It also included consideration of any unusual items or disclosures
in the accounts, and seeking explanations from you as charity trustees concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe:
l. That accounting records were not kept in accordance with section 63 of the Charities Act
2. That the accounts do not accord with those accounting records
3. That the accounts do not comply with the accounting requirements of the Charwties Act
4. That there is further information needed for a proper understanding of the accounts to be reached.

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Independent examiner's statement
I have completed my examination and have no concerns in respect of the matters111 to {4) listed above
and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have
found no matters that require drawing to your attention.
B. Magennis FCCA FCA
For and behalf of S.M. Vint & Co
Chartered Certified Accountants & Registered Auditors
8 Newry Road
Banbridge
BT32 3HN
14 May 2025

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FIRST RATHFRILAND CONGREGATION OF THE pREsB￿ER1AN CHURCH IN IRELAND
STATEMENT OF FINANCIAL A￿1VITy (Receipts and Payments Account)
for the year ended 31 December 2024
Note
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Receipts
Donations and legacies
Charitable activities
Other tradi ng activities
Investment Income
Other
95.097
4,390
870
776
540
50.911
18,408
146,008
22.798
870
1,157
753
129,016
20,569
1,390
2,038
1,028
381
213
101,673
69,913
171,586
154,041
Sale of Investments
Sale of fixed assets
Loans Received
265,000
30,000
Total Receipts
101,673
69,913
171.586
449,041
Payment5
Raising funds
Charitable activities
Investment costs
Other
106,219
40,193
146,412
130,580
106,219
40,193
146,412
130,580
Purchase of Investments
Purchase of fixed assets
Loan Repayments
394,500
10,544
10,544
Total Payments
106.219
50,737
156.956
525,080
Net receipts / (payments)
Transfers between funds
14.546)
19,176
14,630
{76,0391
Net movement in funds
Funds brought forward
{4,5461
7,831
19,176
23,773
14,630
31,604
{76,039)
107,643
Funds carried forward
12
3.285
42,949
46,234
31,604
io

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FIRST RATHFRILAND CONGREGATION OF THE PRE5BYtERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2024
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
Funds
2024
Total
Funds
2023
Funds Reconciliation
Bank and Cash at Start of year
Net movement in funds
7,831
(4,546)
23,773
19,176
31,604
14,630
107,643
176,0391
Bank and Cash at end of year
3,285
42,949
46,234
31,604
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
46,234
31,604
46,233
31,604
Other Assets
Fixed Assets- Note 10
Buildings- value insured
Fixtures, Fittings & Equipment
Vehicles
Investments- Note 11
Gift Aid receivable on donation5
3,726,468 3,432,800
32,604
31,132
3.759,072 3,463,932
Liabilities
Loans
No other known liabilities
120,0001
130,000}
3,785,306 3,465,536
Approved by the Kirk Session at a meeting on 10th March 2025 and signed on its behalf bv
11

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FIRST RATHFRILAND CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2024
ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
As the total income of the congregation is le55 than £250,OOOthe congregation have elected in accordance
with the provisions in The Charities {Accounts and Reports Regulations (Northern Ireland) 2015 to prepare
its accounts on a receipts and payments basis.
FUND ACCOUNTING
Endowment funds are funds, the capital of which must be retained either permanently or at the
congregation's discretion; the income derived from the endowment is to be used either as restricted or
unrestricted income funds depending upon the purpose for which the endowment was established in the
first place.
Restricted funds comprise la} income from endowments which is to be expended only on the restricted
purposes intended by the donor and {b} revenue donations or grants for a specific congregational activity
intended by the donor. Where these funds have unspent balances, interest on their pooled investment 15
apportioned to the individual funds on an average balance ba5iS.
Unrestricted funds are income funds which are to be spent on the congregation's general purposes.
Designated funds are general funds set aside by the congregation for use in the future.
DONATIONS AND LEGACIES
Unrestricted
Funds
Restrirted Endowment
Funds
Funds
Total
2024
Total
2023
Recorded giving:
Loose collections
Donations and gifts
Gift Aid
Legacies and bequest
293
79,729
15.075
312
37,947
2,650
10.002
605
117,676
17,725
10,002
567
108,580
19,869
95.097
50,911
146,008
129,016
12

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FIRST RATHFRILAND CONGREGATION OF THE pRE5B￿ERIAN CHURCH IN IRELAND
NOTESTO THE ACCOUNTS
31 December 2024
CHARITABLE A￿1VITIEs
Unrestricted
Funds
Restrirted Endowment
Funds
Funds
Total
2024
Total
2023
Income from charitable activities
Fees from weddings and funerals
Fundraising events
Membership fees
Grants
3,905
485
2.925
3,544
4,797
7,142
6,830
4,029
4,797
7,142
950
1,556
5,963
12,100
4,390
18,408
22,798
20,569
OTHER TRADING A￿1VITIEs
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2024
Total
2023
Letting of premises
Trading income
870
870
1,390
870
870
1,390
INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Dep051t interest
General Investment Fund
Wayleave
Other investment income
164
217
169
988
iio
1,928
771
776
381
1,157
2,038
13

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FIRST RATHFRILAND CONGREGATION OF THE pRE5B￿ERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
OTHER INCOME
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2024
Total
2023
Insurance claims
Other income
540
403
943
1,028
540
403
943
1,028
RAISING FUNDS
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2024
Total
2023
FWO envelopes
Fundraising events
CHARITABLE AcrivrriES
Unrestrirted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Congregational running expenses
Donations to Missions and
charities
Governance costs
19.093
422
56,625
28.379
19,093
432
60,167
45,287
19,733
11.698
916
42,661
50,417
23,385
io
3,542
16,908
19.733
1,700
1,700
1,503
106.219
40.193
146,412
130,580
14

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FIRST RATHFRILAND CONGREGATION OF THE PRESBITERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {conVd)
31 December 2024
OTHER EXPENDITURE
Unrestrirted
Funds
Restricted Endowment
Funds
Funds
Total
2024
Total
2023
Other
10. FIXED ASSETS
The congregation owns the church premises with adjacent graveyard situated at Newry St, the hall at
Newry Street and the manse at 6 Finnard Road, together with the associated fixtures, fittings, plant and
machinery. These have a value of £3,726,468.
11. INVESTMENTS
The congregation has the followinE investments. Amounts are shown at market valuation.
2024
2023
General Investment Fund
Property
Other investments
32,604
31,132
32,604
31,132
15

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FIRST RATHFRILAND CONGREGATION OF THE PREsB￿ERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
12. FUND BALANCES
Fund
Balance
at start
Receipts
Payment Surplus / Transfer
(Deficit)
Balance
at end
Unrestricted Funds
General Fund
7,831
101,673
106.219
(4.546)
3,285
7,831
101,673
106.219
{4.546)
3,285
Restricted Funds
Building Fund
Cong. Organisational Funds
Mission and Charities Fund
General Fund
7,080
16,693
30,298
23.627
12,446
3,542
13,472
21,471
12.252
3,542
16.826
2,156
194
{4,000}
{4001
19,906
18,449
194
4,400
4,400
23.773
69.913
50,737
19,176
42,949
Endowment Funds
IName of Fundl
Total
31,604
171,586
156,956
14,630
46,234
16