an KATESBRIDGE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees Annual Report and Financial Statements for the year ended 31 December 2024 Registered Charity in Northem treland (NIC105060)
Presbyter an KATESBRIDGE CONGREGATION OF THE PRESBYtERIAN CHURCH IN IRELAND TRuEEs ANNUAL REPORT The Trustees present their Annual Report and Financial Statements for the year ended 31 December 2024 induding a Statement of Assets and Liabilitie5 a5 at that date. REFERENCE AIID ADMlhllSfRAnVE DEfAILS Katesbridge Congregation of the Presbyterian Church in Ire{d Manse Road Kate5bridge Co Down BT32 5NF Registered Charty in Northern Ireland {NIC105060) CHARtrY TRUSTEES The Charity Trustees who served duringthe year or vtho were trustees at the date of this report were: Mr. William Cochrane Rev. Nigel Kane Mr. Robert Mcminn Mr. Gordon Elliott Mr. Robert McElroy PRINapAL OFFICE BEARERS Minister Clerk of Session Treasurer Rev. Nigel Kane Mr. Robert Mcminn Mr. Robert McElroy INDEPENDEKf EXAMINER S M Wint & Company 8 Newry Road Banbridge BT32 3HN BANKERS U15ter Bank 12-14 Church Square Rathfriland Co. Down BT34 PT
an soucrroRS Fisher & Fisher l Newry Street Rathfriland Co. Down BT34 PY
an KATESBRIDGE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (convd) STRucfuRE AND MANAGEMENT The Kirk Session The charrty trustees of the congregation are the members of its Kirk Session. Under the tongregation's governing document, The Code. the book of the constitution aDd government of the Presbyterian Church In Ireland. the lfjrk Session seeks to watch over and promote the 5pjritual interest of the COnggatiOn and of persons not connected with any congregation who are within its bounds. tt ensures pastoral care is in place in the congregation and seeks to further the contribution of the Churth to Christian witness and service in the local community. The rk 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 Sesslon consists of the ordained minister and the ruling elders of the congregations. All member5 are entitled to propose. Speak and exercise equal votes at meetin8s. except that the Moderator, the minister in artNe duty in the congregation, has no deliberative but only a casting vote. Stated meetings of the Kirk session are held at least twi a year. To be chosen for the office of the eldership in the congregation a person must be a voting member and a regular attendant on tts ordinances. The selertion of those proposed to be called to the office can be either by the congregation or by the Kirk Session. Members are elected rfthey obtain two-thirds of those who vote. Presbytery Under the Presbyterian Churth in Ireland form of governance the corporate oversight of a congregation is the responsibility of a Presbytery which superintends generally the spiritual and temporal affair5 of the congregations assigned to it by the General Assembly of the Presbyterian Church in Ireland. Katesbridge congregation of the Presbyterian Church has been assigned to the Iveagh Presbytery of the Presbyterian Church in Ireland. The rnembership 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 rk Session of the congregation.
an KATESBRIDGE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEE5 ANNUAL REPORT (cmvdl The General Assembty The General Assembly is the suprerne 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 IL The General Assembly is normally constituted during the third week in June forworship and to condutt 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.
an KATESBRIDGE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (c<rfd) DESCRIPTION AND PURPOSE The charitable purpose of the congregation is the advancement of religlon. Katesbridge congregation of the Presbyterian Church is a congregation of the Presbyterian Church in Ireland. The Presbyterian Church in Ireland, as a Reformed Church wkthin the wider body of Chrlst 15 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 congregation's mission is to promote the worship of God and build a congregation of believers in the Lord Jesus ChrisL The congregation aims to live out its mission by: inviting people to worship with us. biblical preachin& Christiart education. and prayer. encouraging believers to live in obedtence to God's word. seekingto be salt and light in society. fulfilling the Great Commission: Jesus said. "All authority in heaven and on earth has been given to me. Therefore. Bo and rnake disciples of all nations. baptising them in the name of the Father and of the Son and of the Holy spirit. and teathing them to obey everything I have commanded you. And surety. l am with you always. to the very end of the age." (Matthew 28:20) Our vision is, by the grace of God. to be an inclusive. welcoming community of Chrisvs people of all ages. which is: increa5in8ly characterised by love for God. and love and concern for others. committed to the historic Christian gospel as revealed in the Bible. relevant to people of this time and place. The congregation aim5 to live out its Mission. and Wision. as a family of God's people by beinE: A Covenant Community- where our relationships are rooted in the promises of God by living faithfully toward him and toward one another An Intergenerational Community: where adults intentionally take the lead to engage with, encourage and nurture younger members to maturity in Christ. An Outward Looking Community: where we want the blessings of God that belongto us in the gospel to become blessings for other5 beyond the bounds of our cornmunity. As a congregation of the Presbyterian Church in Ireland. we belleve that the Bible is the supreme authority over all we do, and that the Westmlnster Confession of Faith, along with the Larger and Shorter Catechisms set out what we understand the Bible teache5 on kev matters of Christian faith and practice.
an KATESBRIDGE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (convd) ACtIVlTIES AND OBJEcfivES The congregation meets for worship every Sunday and visitors are welcome to join. The Sacrament of the Lord's Supper is ObSerd on several occasions during the year and all those who have been baptised and who have made a profe55ion of faith in the Lord Jesus Christ are admitted to the Lord's Supper. The congregation holds regular Bible study meetings and has the following organisations: Crèche & Children's Church Sunday School Presbyterian Women ACHIEVEMEMfs AND PERFORMANCE Worship and prayer The congre6ation meets for worship each Sunday at 12:30pm. The Wednesday night Midweek Meeting at 8pm provides an opportunity for members to meet together for fellowship, to study the Scriptures. and pray. At 31 December 2024, there were 37 communicant members, and 39 families connected with the congregation. The average attendance at Sunday worshlp was 32. 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 minlster and elders. Mission and outreath At a local level, the congregat40n held a Gospel Mission in Marth (conducted by Rev. Alistair Smyth). We were able to support a number of missionaries and missionary organisations, which work throughout the world.
an KATESBRIDGE CONGREGATION OF THE PRESBYtERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT Iconyd) The congregation supported the United Appeal for Mission which is a central fund of the Presbyterian Churth in Ireland. This fund enables congregations to support the wider mission of the denomination and to do mission and outreach on a denominatlonal 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 congregation5 With the deployment of locally based Staff, enables thurch plantin& provides grant SUPPOrt for the upkeep of church premise5. assist with the running costs of Union Theological College, the Church'5 training college for ministry students. and financially supports congregation in the areas of worship, discipleship. global mission, outreach. leadership and pastoral care. The congregation also Contributed to the denomination's Presbyterian Women's Mission Fund and other special appeals. Presbytery The congregation was represented at the regular rneetwn8s of P$bery by our minister and one of the elders. This provide5 an important link between the congregation 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 An Ireland held in Assembly Building5, 8elfasL in June. Property Some redecorating was carried out in the Kitchen and Choir Room durin8 the year. Organisations On average 13 children attend Sunday School each Sunday where they are taught from God's word. The children took part in a special Children's Day servi in June and the Christmas 5ervwce5. The Presbyterian Women IPW) group met monthly from Januaryto March and September to December. Their average attendance was approximately twenty-four and their meetings were organised around their theme. Usually, they had a guest speaker but sometimes they conducted the entire meeting themselves. Ladies from the PW took part in a special servlce on Sunday 21 April at whlch the guest speakers were Mr. Alan Cousins & Rev. John Seawright. Volunteers
an The Trustees wish to acknowledge their deep appreciation of those who give freely of their time by 5ervingon committees and helping with organisations and other church artivities. KATESBRII)GE CONGREGATION OF THE PREs8ERlAN CHURCH IN IREIAND TRUSTEES ANNUAL REPORT (convd) PUBLIC BENEFIT ATEMETh The Presbyterian Church in [land meets the public benefit requirement by providing benefit to its members and the general public by making known the Christian Gospel of the Lord Jesu5 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> leadlng 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 facilitsted by central resources in almost all cases. Public access is made known through the use of noticeboards. printed material, press advertisement, websites, and social media or in other way5. The beneffts are demonstrated through regular evaluation of the services and informal and ad-hoc feedback from members. their families. and members of the public The purpose does not lead to hami. The onty private benefrt 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 Offi or employmenL However, this is incidÈntal and necessary in order to fvrtherour charitable purpose. There are no other private benefits. The beneficiaries of this purpose are members, their families, other 5ndividuals that the Presbyterian Church in Ireland is in direct and indirect contact with, the community in which pastoral services are provided and other communitbes throughout Northern Ireland, the Republic of Ireland. and worldwide which benefitfrom 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 ComrnissioD5 Public benefit requirement statutory guidance.
an KATESBRIDGE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (convd) FINANCIAL REVIEW The congregation's main Source of income is members, contributions through the Weekly Freewill Offerin& Contributors during the year totalled of £15,522 compared to £14.251 in previous year. 2021). Total income of the congregation during the year was £29.797, compared to £29,717 in the prevtous year. STATEMEhrr OF TRusfEE RESPON51BILrriES The Trustees are responsible for preparing the annual report and the financial statements of the congregation in accordance wlth applicable law and generally accepted accounting practice. As the con8re8ation's total income does not exceed £250,000. the Trustees have elected under Section 64(31 of the Charities Act (Northem Ireland) 208 to prepare a receipts and payment account and a statement of assets and liabilities. The Trustees are responsible fur keeping adequate accounting records that are Sufficient to show and explain the congregation's transartions and disclose wlth reasonable accuracy at any time its 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. Approved by the Kirk Session at a meetinE on June and signed on its behalf by: INamel ko%L [Name] [Date] If ID&/LS [Date]
INDEPENDENT EXAMINERS REPORT TO THE TRiISTEES OF SCARVA sfREET CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND I report on the accounts of the charity for the year ended 31st December 2024 which are set out on pages 12 to 18. Respective responsibilllles of Tntstee5 and Examiner As the charitys trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responslbility to: • examine the accounts under section 65 of the Charities Act: follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65{9}(b) of the Charities Act: and state whether particular matters have cometo my attention. 8asis of Independent Examiner's report I have examined your charity accounts a5 required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65{9)Ib) of the Charities Act. My examination included a review of the accounting records kept bythe 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 accountin8 records were not kept in accordan wlth 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 Charities Act 4. Thatthere isfurtherinformation needed for a proper understanding of the accountsto be reached, 10
an Independent examine5 Statsment I have completed my Lyamination and have no concerns in respect of the matters (l) to141 listed above and. in connection with followin8 the Direct•ons of the Charity Commission for Northern Irelond. I have found no matters that require drawing to your attention. Date: 25/6 Izo Z B. Magennis FCCA FCA For and on behalf of S.M. Vint & Co Chartered Certified Accountants & Registered Auditors 8 Newry Road Banbridge BT32 3HN li
Presbyter an KATESBRIDGE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL AcfiviTY (Receipts and Payments Account) for the year ended 31 December 2024 Note ilnrestrlcted Restrirted Endowment Funds Funds Funds Total 2024 Total 2023 Recelpts Donations and legacies Charitable activities Other tradin8 activities Investment Income Other 19.939 4,980 24,919 24,158 855 1,820 750 2,134 2,400 958 1,520 952 201 1.319 21,092 8.705 29,797 Sale of Investments Sale of fixed assets Loans Received 29,717 Total Receipts 21,092 8,705 29,797 29,717 Payments Raising funds Charitable activities Investment costs Other 89 21.720 89 27.772 82 18,994 6.052 1.319 1,319 7,854 21.809 7.371 29,180 26,930 Purchase of Investments Purchase of fixed assets Loan Repayment5 Total Payments 21.809 7.371 29,180 26.930 Net receipt5 / (payments) Transfers between funds -717 1.334 617 2,787 Net movernent in funds Funds brought foThvard -717 63,560 1.334 3.635 617 67,195 2,787 64,408 Funds carried foThvard 12 62.843 4.969 67,812 67,195 12
Presbyter an KATESBRIDGE CONGREGATION OF THE pRE5BERIAN CHURCH IN IRELAND STATEME OF ASSEfs AND UABIUTIES As at 31 December 2024 Unrestricted Restrlcted Endowment Funds Funds Funds Total Funds 2023 Total Funds 2022 Funds Reconciliatlon Bank and Cash at start of year Net movement in funds 63.560 -717 3.635 1.334 67,195 617 2,787 Bank and Cash at end of year 62,843 4.969 67,812 67.195 Bank & Cash Balances Bank Current Accounts Cash in Hand 67,686 126 66.921 274 67.812 67,195 other Assets Fixed Assets- Note 10 Church Premises Fixtures, Firtings & Equipment Vehicles Inve5tments- Note 11 Gift Aid receivable on donatiOT15 Liabilitles Loans Other Approved by the Kirk Session at a meetin8 on June and signed on its behalf by [Name] K),tol [Name] Rk.q 13
an KATESBRIDGE CONGREGATION OF THE PRE5BYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2024 ACCOUNTING pouaES BASIS OF HNANCIAL sfATEMEKrs As the total income of the congregation is less than £250,000 the congregation have elected in accordan with the provisions in The Charities (Accounts and Reports Regulations {Northern Ireland) 2015 to prepare its accounts on a receipts and payfflents basis. FUND ACCOUNTING Endowment funds are funds. the capital of which must be retained either permanentty or at the congregation's discretion.- the income derived from the endowment is to be used either as restricted or unrestricted income fund5 depending upon the purpose for which the endowment was established in the first place. Restricted funds comprise (a) income from endowments which is to be expended only on the restricted purp05es intended by the donor and Ib) revenue donations or grants for a specifit ongregational 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 fvnd5 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 LEGAaES Unrestricted Restrfrted Endowment Fund5 Funds Funds Total 2024 Total 2023 Recorded giving: Loose collections Donations and gifts Gift Aid Legacies and bequest 105 16.712 3,122 264 4,415 301 369 21.127 3,423 588 20,355 3,215 19,939 4,980 24,919 24,158 14
an KATESBRIDGE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2024 CHARABLE A1vME5 unrestricted Restrirted Endowment Funds Funds Funds Total 2024 Total 2023 Income from charitable attivities: Fees from weddings and funerals Fundraising events Membership fees Grants 255 600 855 4. OTHER TRADING AcfiviTIES Unrestricted Funds Restricted Endowment Funds Fund5 Total 2ff24 Total 2023 Letting of premises Trading income 1,820 2,400 1,820 5. INVESTMENt INCOME Unrestricted Restricted End(Nvment Funds Funds Funds Total 2024 Total 2023 Deposit interest General Investment Fund Rents investment propertie5 Other investrnent income 952 958 750 952 958 750 15
an KATESBRIDGE CONGREGATION OF THE PRE5BYfERIAN CHURCH IN IRELAND NOTES TO THE AccouKfs (convdl 31 December 2024 OTHER INCOME Unrestrlcted Restricted End(wment Funds Funds Funds Total 2024 Total 2023 Insurance claims Other income 201 1.319 1.520 2,134 201 1.319 1,520 2,134 RAISING FUNDS Unrestricted Restricted Endowmart Funds Funds Funds Total 2024 Total 2023 FWO envelopes Fundraising events 89 89 82 89 89 82 CHARITABLE AcfivmES Unrestricted Restricted Endowment Funds Funds 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 1,267 154 1.267 154 5,609 18,175 2,567 464 262 9,584 6,282 2,402 14.690 3,485 2.567 21,720 6,052 27,772 18,994 16
an KATESBRIDGE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE Accoumfs Iconvd) 31 December 2024 OTHER EXPENDITURE Unrestrirted Re5trirted Endowment Funds Funds Funds Total 2024 Total 2023 Inveslment properties expenses 1.319 1.319 7,854 1,319 1.319 7.854 10. FIXED ASSErs The conEregation owns the Church premises and the associated fixtures, ffttin8s, plant and machinery. These have an insurance value of £1.493,888. 11. INVESTMEMTS The congregation has the following investments. Amounts are shown at market valuation. 2024 2023 General Investment Fund Property Other investments 17
Presbyter an KATE5BRIDGE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE Accoumfs (convd) 31 December 2024 12. FUND BALANCES Fund Balance at start Receipts Payment Surplus l Transfer (Defiat) Balance at end Unrestrirted Funds General Account 63.560 21.092 21,809 -717 62,843 63.560 21.092 21,809 -717 62,843 Restricted Funds Property/Building Fund United P4)peal World Development Appeal Presbyterian Children'5 Society Sabbath School PW Fund 160 1.172 20 5.599 2,021 135 160 3,677 1,930 135 1,922 91 2,082 1,263 20 160 1,206 238 160 457 -382 1,663 620 641 988 3,635 8.705 7.371 1,334 4,969 Endowment Funds Tatal 67.195 29,797 29.180 617 67,812 18