STATEMENT OF FINANCIAL ACTIVITY AS AT 3111212022
Unrestricted Restricted Endowment
Funds
Funds
Funds
Note
2022
2021
INCOME
Congregational Funds
70,944
4,149
75,093
69,132
Missions & Charities
8,723
8,723
11,828
Property Maint +
Repair
Organisations
15,442
15,442
6,815
22,000
22,000
16,987
TOTAL RECEIPTS
117,109
4,149
121,258
104,762
EXPENDITURE
Congregational
Activities
56,947
4,594
61,541
65,154
Missions & Charities
7,670
7,670
6,695
Property Maint +
Repair
Organisations
24,297
24,297
27,578
11
12,483
12,483
15,176
101,397
4,594
105,991
114,603
Net Income I
(Expendlture)
BANK & CASH
BALANCES
INVESTMENTS
15,712
-445
15,267
-9,841
12
165,885
150,018
13
38,620
204,505
44,515
194,533
FIXED ASSETS
14
3,607,000 3,607,000
Approved by the Kirk Session at a meeting on lg- 1 9 ts l *)LS
and signed on its behalf by:
tSignature]
tSignature]
[Name]
SRi QtxJ C9 Lv i DJ
[Namel 7rqu? ek &14A
[Dats]
IZ-06-Z3
[Date]
Page1 of4

NOTES TO THE ACCOUNTS
31 December 2022
Unrestricte Restrlcte Endowment
d Funds
d Funds
Funds
Note
2022
2021
2 CONGREGATIONAL FUNDS
Donations
59,723
985
60,708
65.469
Gift Aid
9,491
3.164
12,655
12,431
Investment Income
1,730
1,730
1,553
Legacies and bequests
70,944
4,149
75,093
79,453
3 MISSIONS & CHARITIES
Charitable Income
8,723
8,723
11,828
Fundraising events
442
8,723
8,723
12,270
4 PROPERTY MAINTENANCE & REPAIR
Donations
15.442
15,442
6,815
15,442
15,442
6,815
6 ORGANISATION
Donations
22,000
22,000
22,000
TOTAL INCOME
117,109
4,149
121,258
104,762
Page2of4

Unrestricte Restricte Endowment
d Funds
d Funds
Funds
Note
2022
2021
7 COSTS OF RAISING FUNDS
General Assembly
Assessments
Ministry and support staff
costs
Cong. running
expenses
6.296
6,296
6,196
44,031
44,031
46,035
9,482
9,482
11,837
Presbytery fees
628
628
395
FWO envelopes
719
719
691
61,156
61,156
65,154
8 COSTS OF CHARITABLE ACTIVITIES
Donations to Missions
+ Charities
8,055
8,055
6,695
9 PROPERTY MAINT & REPAIR
Building Repairs
24,297
24,297
27,578
11 ORGANISATION
12,483
12,483
15,176
TOTAL EXPENDITURE
105,991
105,991
114,603
Page 3 of4

NOTES TO THE ACCOUNTS
31 December 2022
NOTE
BALANCE AT
START
BALANCE AT SURPLUS I
END
(DEFICIT)
INCOME EXPENDITURE
12 Bank & Cash Balances
Unrestricted Funds
Freewill Offering
Restricted Funds
20,429
70,944
62,417
28,956
8.527
Bequest Account
Property Maint &
Repair
Missions and Charities
Funds
Other Restricted
Congregation Funds
76.604
93
76,697
93
12.855
20,442
24,297
9,000
-3.855
4,654
8,748
7,670
5,732
1.078
13,500
4,594
4,594
13,500
Church Organisations
22,576
22,000
12,483
32,093
9,517
TOTAL
150,618
126.821
111,461
165,978
15,360
INVESTMENTS
2022
2021
13 Income Funds
38,620
2.004
42,580
1,935
Presbyterian General Investment Fund
42.646
44,515
INVESTMENT GAINS I
Income bonds
PCI Gen Inv Fund
LOSSES
-1,230
69
4,649
-1,161
4,649
FIXED ASSETS
2022
2021
14 The Congregation owns the Church premises situated on Downshire Road Newr 3,870,000 3,018,000
together with associated fixtures, fith'ngs and equipment
89,616
86,000
a Manse for the Minister situated at 1 Glen Mullan, Rathfriland Road Newry
620,162
488,000
together wth associated fixtures, fittings and equipment.
19,200
15,000
4,601,000 3,607,000
Page4of4

DOINNSHIRE ROAD PRESBYTERIAN CHURCH
A Congregation of The Presbyterian Church in Ireland
NOTES TO THE ACCOUNTS
31 December 2022
ACCOUNTING POUCIES (page l of 3)
BASIS OF FINANCIAL STATEMENTS
The financial statements have been prepared in accordance with Accounting and Reporting by Charities:
Statement of Recommended Prartice applicable to charities preparing their accounts in accordance with
Financial Reporting Standard applicable in the UK and Ireland (FR5102) (effettive l January 2015).
The financial statements have been prepared under the historical cost convention except for investment
assets, which are shown at market value. The financial statements include all transattions, assets and
liabilities for which the congregation is responsible in law, They do not include the account5 of church
groups that owe their affiliation to another bodyi nor those that are informal gatherings of church
members.
FUNDACCOUNTING
Endowment funds are funds, the capital of which must be retained either permanently or at the
congregation'5 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.
Restritted funds comprise (a) income from endowments which is to be expended only on the restritted
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 is
apportioned to the individual funds on an average balance basis.
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.
INCOMING RESOURCES
These are included in the Statement of Financial Activities (SOFA) when:
the congregation becomes entitled to the resources.
the trustees are virtually certain they will receive the resources.
and
the monetary value can be measured with sufficient reliably.
Incoming resources with related expenditure
Where incoming resources have related expenditure (as with fundraising income) the incoming resources
and related expenditure are reported gross in the SOFA.
Grants and donations
Grants and donations are only included in the SOFA when the congregation has unconditional entitlement
to the resources.
Tax reclaims on donations and gifts.
Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they
relate.

DOVVNSHIRE ROAD PRESB)YERIAN CHURCH
A Congregation of The Presbyterian Church in Ireland
NOTES TO THE ACCOUNTS
31 December 2022
ACCOUNTING POLICIES (page 2 of 3)
Gifts in kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount
realised. Gifts in kind for use by the charity are included in the SOFA as incoming resources when
receivable.
Volunteer help
The value of any voluntary help received is not included in the accounts but is described in the trustees,
annual report.
Investment income
This is included in the accounts when receivable.
Investment gains and losses
This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing
investments to market value at the end of the year.
EXPENDITURE AND LIABILITIES
Liability recognitlon
Liabilities are recognised as soon as there is a legal or constructive obligation committing the congregation
to pay out resources.
Governance costs
These are shown within charitable attivities and include the costs of preparation and examination of
accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or
constitutional matters.
Grants with performance conditions
Where the charity gives a grant with conditions for its payment being a specific level of service or output to
be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the
specified service or output.
ASSErs
Tangible Fixed Assets
Tangible fixed assets for use by charity are capitalised if they can be used for more than one year, and cost
at least £2,500. They are valued at cost or, if gifted, at the value to the charity on receipt.
Depreciation
As there is no intention to sell any of these assets in the foreseeable future, depreciation is not calculated,
rather their insured value is quoted.
lrniestments
Investments quoted on a recognised stock exchange are valued at market value at the year end.

DOVVNSHIRE ROAD PRESB￿ERIAN CHURCH
A Congregation of The Presbyterian Church in Ireland
NOTES TO THE ACCOUNTS
31 December 2022
ACCOUNTING POLICIES (page 3 of 3)
PENSION COSTS
The minister of the congregation is a member of the Presbyterian Church in Ireland Pension Scheme
(2009). This is a scheme operated by the Presbyterian Church in Ireland, 3 separate registered charity.
The congregation pays an assessment to the Presbyterian Church in Ireland equivalent to the employer's
pension contribution for the Scheme and based on the stipend paid to the minister.
The Presbyterian Church in Ireland Pension Scheme12009) is a funded Scheme of the defined benefit type,
providing defined benefits based on career average revalued salary. The Scheme has assets held in a
separately administered fund managed by a board of trustees. The Presbyterian Church and the Scheme
Trustees have agreed a funding plan to ensure the Scheme is sufficiently funded to meet current and
future obligations.
A formal schedule of contributions was drawn up on 25 November 2015 whereby the Presbyterian Church
agreed to pay from 31 December 2015 contributions of 24Yo of pensionable salaries to cover the accrual of
benefits for future service, expenses, the cost of insuring death in service benefits and funding the scheme
deficit.
The contributions made by the congregation during the past two years were:
. 2021
2022
Contributions
£6,665
£6,257
RELATED PARTY TRANSAcfioNS
One of the Trustees, the minister of the congregation, received remuneration of £26,074 and expenses of
£5,053 for acting in that capacity. Pension contributions of £6,257 were paid by the congregation in
respect of the minister to the Presbyterian Church in Ireland Pension Scheme (20091. None of the other
trustees received any remuneration or expenses.
During the year the congregation contributed the following amounts to Funds of the General Assembly of
the Presbyterian Church in Ireland - a separate charity.
£6,296 for congregational assessments
£5,796 towards the United Appeal
£20554 toward the World Development Appeal
The congregation contributed £628 towards Presbytery Assessments during the year.
There were no other related party transattions.

DOWNSHIRE ROAD PRESBYTERIAN CHURCH
A Congregation of The Presbyterian Church in Ireland
TRUSTEES ANNUAL REPORT (cont'd)
PUBLIC BENEFIT STATEMENT
The Presbyterian Church in Ireland meets the public benefit requirement by providing benefit to its
members and the general public by making known the Christian Gospel of the Lord Jesus Christ
through the advan￿ment 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 opportunities 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 benefits 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 reSoUr￿S in almost all cases. Public access is made known using noticeboards, printed
material, press advertisement, websites, and social media or in other ways.
The benefits are demonstrated through regular evaluation of the Serrfl￿s and informal and ad-hoc
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
because of their holding Offi￿ or employment. However, this is incidental and necessary to fvrther
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 benefit requirement statutory
guidance.

DOIJVNSHIRE ROAD PRESBYTERIAN CHURCH
A Congregation of The Presbyterian Church in Ireland
TRUSTEES ANNUAL REPORT (cont'd)
FINANCIAL REVIEW
The congregation's main source of income are members, contributions through the Weekly
Freewill Offering together with Gift Aid claimed on those donations authorised by the contributors
and investment income. There were 144 contributors during the year 2022 (136 in previous year,
2021) and a total of £59,490 was re￿iVed (£57,928 in previous year 20121.
Total Income of the congregation during the year was £121,258, compared to £104,710 in the
previous year. The main reason for the change was the increase of income and fund raising due to
lifting the restrictions on meetings and events caused by Covid 19
Total expenditure was £105,991 compared to £114,603 in 2021.
RESPONSIBILITIES IN RESPECT OF THE FINANCIAL STATEMENTS
The Trustees are responsible for preparing the Annual Report and the financial statements in
accordan￿ with applicable law and United Kingdom Generally Accepted Accounting Practice.
The Trustees are required to prepare financial statements for each financial year which give a true
and fair view of the state of affairs of the congregations and the financial activities for that year.
In preparing the financial statements the Trustees are required to:
1. Select suitable accounting policies and then apply them consistently.
2. Make judgements and estimates that are reasonable and prudent.
3. Prepare the financial statements on the going concem basis unless it is inappropriate to
presume that the Funds will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show
and explain the funds transactions and disclose with reasonable accuracy at any time the financial
position of the congregations and enable them to ensure that the financial statements comply with
the Statement of Recommended Practi￿ 'Accounting and Reporting by Charities (1 January
2015). They are also responsible for safeguarding the assets of the congregation and hen￿ for
taking reasonable steps for the prevention and detection of fraud and other irregularities.