Donacloney COng￿gatIon of the Presbyterian Church in Ireland
Statement of Congregational Committee's responsibilities
for the Financial Statements
The purpose of this statement is to distinguish the Congregational Committee's responsibilities for
the accounts from those of the independent examiners as stated in their report.
The Code permits the Congregationalcommittee to prepare accounts for each financial year which
give 8 true and fair view of the congregation's financial activities during the year and of its financial
position at the end of the year.
In preparing the financial statements the Congregational Committee should follow best practice
and:
select suitable accounting policies and apply them consistently;
make judgements and estimates that are reasonable and prudent:
followthe recommendations of the accounting professional with regard to the form and content
of the financial statements. or disclose and explain any departures therefrom" and
prepare financial statements on the going concern basis, unless it is inappropriate to assLJme that
the congregation will be able to continue to meet tts obligations.
The Congregational Committee is responsible for keeping proper accounting records of aLI the
congregational transactions which disclose with reasonable accuracy the financial position of the
congregation and which enable itto ensure thatthefinancial statements complywith the disclosure
regulations.
It is also responsible for safeguarding the congregationalassets. and hencefortaking reasonable steps
for the prevention and detection of fraud, error and other irregularities.
Mr lan Williams
signed on behalf of the Congregational CommTttee.
c6. 08 10)S
Date
10

Donacloney Congregation of the Pr8sbyt8rian Church in Ireland
Statement of Financial Activities
(Incorporatingthe Income and Expenditure Account)
forthe year ended 31 December2024
2024
Total
2023
Total
Unrestricted Restrlctsd
Income from:
Regular Direct Giving
Donations and Legacies
Other Trading Activities
Investment Income
Other Income Sources
86.615
43.369
3.480
4,727
578
129.984
3.480
4.727
578
131.887
11.426
3.336
272
TOTAL INCOME
86.615
52.155
138.771
146,922
Expenditure on:
Charitable Activitles:
Central Church Assessments
Ministry and Support Stsff
Life and Work
Governance
Propety and Equipment
Grants to Missions and Charities
17.299
50.796
740
1.819
14.755
17.299
50.796
4,825
2.076
27.161
16,428
16.903
48.377
3,772
2.147
51.615
17,940
4,084
257
12.406
16.428
TOTAL EXPENDITURE
85.409
33.174
118.584
140.752
NET INCOME I (EXPENDITURE) FOR THE YEAR
1.207
18.980
20.186
6.170
Transfers
6-7
Other recognised gains l (losses):
Gains on revaluation offixed assets
420,280
420,280
76,410
Net income before other recognised gains or
losses
1,207
18,980
20,186
6,170
Net movement in Funds
1.207
18,980
20,186
6,170
Reconciliation of Funds
Fund Balances broughtforward
6-7
30.189 4.046.186 4,076.373 3,851,624
Fund Balances carrled forward
6-7
31.396 4.485.446 4,516.840 3,934.204
ALI income derives from continuing activities, therefore no statement of recognised gains or losses is
given.
The notes on pages 13 to 16 form an integral part of these financial statements.

Donacloney Congregation of the Presbyterlan Church In Ireland
Balance Sheet
as at 31 Decemb8r 2024
Notes
2024
2023
Flxed Assets
Tangible Fixed Assets
4.354,484
3.934.204
Current Assets
Cash at bank & in hand
162.358
142,168
Net Current Assets
162.358
142,168
Net Assets
4.516,842
4.076.372
Funds
Unrestricted Funds
Restricted Funds
Restricted Capital Funds
31,396
130.962
4.354.484
4,516.842
30.187
111.982
3.934.204
4.076,372
For the year ended 31 December 2024 the charity was entitled to exemption from audit under
section 65 of the Charities Act (Northern Ireland) 2008.
Trustees. responsibilities:
The members have not required the charity to obtain an auditof its accounts fortheyear in question
in accordance with section 65. and
The trustees acknowledge their responsibilities for complying with the requirements of the Act
with respect to accounting records and the preparation of accounts.
The financial statements were approved by the Trustees and signed on their behalf:
06. 08. z&>A5
Mr lan Williams
Trustee
Date
The notes on pages 13 to 16 form an integral part otthese financial statements.
12

Donacloney Congregation of the Presbyterian Church in Ireland
Notes to the Financial Statements
forthe yearended 31 December 2024
1. Accounting Policies
The principal accounting policies adopted. judgements and key sources of estimation
uncertainty in the preparation of the financial statements are as folLows:
a) Basis of Preparatlon
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 102) (effective 1 January 2019} and the Charities SORP (FRS 102), the Financial Reporting
Standard applicable in the UK and Republic of I￿land (FRS 102).
Donacloney Presbyterian Church meets the definition of a public benefit entlty under FRS 102.
Assets and liabilities are initially recognised at historical cost or transaction value unless
otherwise stated in the relevant accounting policy notes.
b) Preparatlon of the accounts on a going concern basis
Donacloney Presbyterian Church has prepared the accounts on a going concern basis. The
balance sheet is strong with strong continued support by the members.
c) Income
Income is recognised when the charity has entitlement to the funds. conditions attached to the
item{s} of income have been met. it is probablethatthe income will be received. and the amount
can be measured reliably. Income from government and other grants, whether'capital. grants or
'revenue' grants. is recognised when the charity has entitlement to the funds. any performance
conditions attached to the grants have been met, it is probable thatthe income will be received,
and the amount can be measured reliably and is not deferred.
d) Donated seNices and facilities
In accordance with the Charities SORP (FRS 102). the general volunteer time of the Charity's
volunteers is not recognised financially in the Statement of Financial Activities.
e) Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the charity" this is normally upon notification of the interest paid or payable by the
Bank.
Fund Accountlng
Unrestricted funds are available for use at the discretion of the Congregational Committee in
furtherance of the objectives of the charity.
Designated funds comprise unrestricted funds that have been set aside by the Congregational
Committee for particular purposes.
General funds may be transferred to designated funds where the Congregational Committee
wishes to use these funds for a specific purpose. Such funds may be transferred back to general
funds once the criteria for the designation have been met or are no longer applicable.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or
through the terms of the appeal.
13

Donacloneycongregation of the Presbyterian Church in Ireland
Notes to the Financial Statements
forthe year ended 31 December 2024
1. Accountlng Policles ctd...
g) Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to
a third party, it is probable that settlement will be required. and the amount of the obligation can
be measured reliably.
Expenditure is classified under the following actlvity headings:
Expenditure on charitable activities includes the costs of central church assessments,
ministry and support staff, core team and organisations expenditure, church running costs
and administration. donations and other support services to further the purposes of the
charity and their associated support costs.
The church is not registered for VAT purposes" therefore irrecoverable VAT is charged to the
Statement of Financial Activities, or capitalised as part of the cost of the related asset, where
appropriate.
h) Allocatlon of support costs
Support costs are those functions that assist the work of the charity but do not directly
undertake charitable activities. Support costs include back-office costs. finance. human
resources, payroll and governance costswhich support the charity's activities. These costs have
been allocated againstthe expenditure on charitable activities.
l) Operatlng ￿aSeS
The church has no operating leases.
j) Tangible fixed assets and depr8clation
Donacloney Presbyterian Church list the insurance renewalvalue of the fixed asset items.
k) Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a
short maturity of three months or less from the date of acquisition or opening of the deposit or
similar account.
l} Taxation
The church is a registered charity and the charitable tax exemptions are therefore beingclaimed
to the extent that income and/or gains are applicable and applied to charitable purposes only.
These exemptions will remain in place as long as income and expenditure are applied to
charitable purposes only.
m) Critical accounting estimates and judgements
In the application of the Charity's accounting policies. the Trustees are required to make
judgements, estimates and assumptions aboutthe carrying amount of assets and liabilities that
are not readily apparent from other sources. The estimates and associated assumptions are
based on historical experience and other factors that are considered to be relevant. Actual
results may differ from these estimates.
14

Donacloneycongregation of the Presbyterian Church in Ireland
Notes to the Financial Statements
forthe year ended 31 December 2024
2. FIXED ASSETS
The congregation owns the Church premises situated at 56 Moygannon Road. Donaghcloney and
the associated fixtures, tittings. plant and machinery. The Arthur J GaLLagher latest renewal on 31
October 2024 determined the insurance values as follows:
Church Building and contents
Church Hall and contents
Manse
Youth Centre and contents
£2.586.589
£1.173,295
£554.246
£40.354
£4.354,484
3. EMPLOYEES
Employment Costs
2024
2023
Wages and Salaries
Social Security Costs
36,845
3.829
40,674
35.091
3.656
38,747
Number of Employees
The average number of employees. including the minister of the congregation. during the year 2024
was 2 (2023- 2).
There were no employees in receipt of employee benefits in excess of £60,000.
4. 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, a separate
registered charity. The congregation pays an assessment to the Presbyterian Church in Ireland
equivalentto the employer's pension contribution forthe Scheme and based on the stipend paid
to the minister. The Presbyterian Church in Ireland Pension Scheme {2009) 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 agr*d a funding plan to ensure the
Scheme is suff iciently 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 contribLrtions of 24% 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 year were:
2024
2023
£8.844 £8.423
15

Donacloney Congregation of the Presbyterian Church in Ireland
Notes to the Financlal Statements
for the year ended 31 December 2024
5. RELATED PARTY TRANSACTIONS
One of the Trustees, the minister of the congregation received remuneration of £36.845 and
expenses of £7.036 for acting in that capacity. Pension contribution of £8.844 was paid by the
congregation in respect of the minister to the Presbyterian Church in Ireland Pension Scheme
{2009). None of the other trustees received any remuneration, no trustees claimed expenses
during the year in connection with their duties.
During the year the congregation contributed the following amounts to Funds of the General
Assembly of the Presbyterian Church in Ireland. a separate charity:
£17.298 for congregational assessments
£7.181 towards the United Appeal
£855 towards the World Development Appeal.
There were no other related party transactions.
6. UNRESTRICTED FUNDS- MOVEMENTS IN THE YEAR
Balance at Incoming Amounts
01.01.2024 Funds
Expended
Transfers
Balan￿ at
31.12.2024
General Fund
30.187
86,615
(85,409)
31,394
7. RESTRICTED FUNDS- MOVEMENTS IN THE YEAR
Balance at Incoming Amounts
01.01.2024
Funds
Expended
Transfers
Balance at
31.12.2024
Propety Fund
Mission Fund
Organisations
TotalRestricted Funds
98,184
18.609)
22,407
111.982
31.718
20.436
112.663)
(19,558)
(9541
(33,175)
117,239
17,731)
-21.453
130.962
52.154
Balance 8t Incoming Amounts
01.01.2024
Funds
Expended
Transfers Revaluation Balance 8t
Gain
31.12.2024
Capital Fund
3.934,204
420.280 4.354.484
16

Donacloney Congregation of the Presbyterian Church In Ireland
The following pages do not form part of the statutory financial statements
which are the subject of the independent examiner's report on pages 8 and 9.
17

Donacloney Congregation of the Presbyterian Church in Ireland
Detailed Statement of Financial Activities
forthe year ended 31 December 2024
INCOMING RESOURCES
Unrestricted
No.1 Alc
Restrictod
Mission
TOTAL
Property
0￿rI}s￿lI0￿5
Regular Direct Giving
Recorded Giving
GiftAid on Recorded Giving
Loose Collections
Received for Stipend
Gift Days I Special Collections / Donations
GiftAid received on Occosional Gifts
Gift Aid on received tor Stipend
Total Regular Direct Givings
70.648.40
11,758.00
2,365.05
940.00
10.454.00
3,997.50
11.064.60
1,776.25
92.167.00
17,531.75
2,365.05
940.00
15.593.68
1.260.99
125.00
129.983.47
11.117.00
4,476.68
482.00
778.99
125.00
86,615.44
25,568.50
17.799.53
Donations and Legacies
Gifts received from other sources
Total Donations and Legacies
3.480.00
3.480.00
3.480.00
3A80.00
Other TradingActivities
Sale of uniforms etc.
Weddings, Funerals, etc.
Total Activities that generate income
2.363.10
1363.10
2.364.10
2.3￿10
4.727.20
727.20
Investment Income
Bank and Building Society Interest
Total Investment Income
305.57
305.57
272.40
272.40
577.97
577.97
Other Income Sources
Grants received
Total Income Other Sources
TOTAL INCOMING RESOURCES
86,615A4
31,717.17
20,436.03
138,768.64
RESOURCES EXPENDED
Unrestricted
No.1 Alc
Restricted
Mission
Property
TOTAL
Central Church Assessments
Central Ministry Fund
PCI Pension Scheme
Widows of Ministers Fund
Incidental Fund
Prolonged Disability Fund
Ministerial Development Fund
Sick Sltpply Fund
Assembly Buildings Extemalwork
Students. Burs8ry Fund
Communications Department
Apprenticeship Levy
Total Central Church Assessments
2,797.00
8,843.50
503.00
2.013.00
391.00
56.00
11.00
1.006.00
895.00
783.00
2,797.00
8.843.50
503.00
2.013.00
391.00
56.00
11.00
1,006.00
895.00
783.00
17.298.50
17,298.50
18

Donacloney Congregation of the Presbyterlan Church in Ireland
Detailed Statement of Financial Activltles
forthe year ended 31 December 2024
RESOURCES EXPENDED
Unrestricted
No.1 Alc
Restricted
Mission
Property
Organisation8
TOTAL
Ministryand Supportstaff
Minister
Minister's Stipend
Minister's Expenses
Total Minister
36.845.00
7.036.00
43,881.00
36.845.00
7.036.00
43,881.00
Other Ministry and Support Staff
National Insurance
ER NIC on Ministerial Expenses
Organist
Pulpitsupplies and Guest Speakers
Total Other Ministry and Support Staff
Total Ministry and Support Staff
3.829.00
971.00
1.760.00
355.00
6,915.00
3.829.00
971.00
1.760.00
355.00
6,915.00
50,796.00
50,796.00
Life and Work
Worship and Fellowship
Music Photocopying Licence
Total Worship and Fellowship
Mission and Outreach
"It's Time. Special Setvices
Youth Fellowship
Boys, Brigade
Girls, Brigade
Love for Life
Donacloney Together
Sunday School
Total Mission and Outreach
740.00
740.00
740.00
740.00
980.00
400.00
400.00
400.00
250.00
500.00
200.00
3.130.00
980.00
400.00
874.00
880.00
250.00
500.00
200.00
4.084.00
474.00
480.00
954.00
Total Life and Work
740.00
3.130.00
954.00
4.824.00
Governance
Independent ExaminerlAudit Fees
Bank Interest and Charges
Presbytery Fees
Total Governance
990.00
990.00
257.00
573.00
1,820.00
257.00
573.00
1.563.00
257.00
19

Donacloney Congregation of the Prasbyterian Church in Ireland
Detailed Statement of Financial Activitl8S
forthe year ended 31 December 2024
RESOURCES EXPENDED
Unrestricted
No.1 Alc
Restricted
Mission
Property
Organlsetlons
TOTAL
Property and Equipment
Utllities
Advertising and Stationery
Light & Heat
Sundries
Water Charges
Total Utilities
1.347.00
5.169.00
1.144.00
461.00
8,121.00
1,347.00
5.169.00
1,144.00
461.00
8.121.00
Repairs and Maintenance
Fire Defence
Church and Manse Boilers Service
Graveyard Upkeep
Roof Repair
Furniturefor Hagan Room
Repairs to Stained Glass Window
Architect
Church Hall Repairswork
Manse
Fees for Manse Land
Total Repalrs and Maintenance
Insurances
Insurance
Total Insurances
1.987.00
144.00
830.00
450.00
3.744.00
1.620.00
466.00
2.310.00
360.00
494.00
12.406.00
1,987.00
144.00
830.00
450.00
3,744.00
1,620.00
466.00
2.310.00
360.00
494.00
12,406.00
6.634.00
6,634.00
6.634.00
6,634.00
Total Property and Equipment
14,755.00
12.406.00
27.161.00
20

Donacloney Congregation of the Presbyterian Church In Ireland
Detailed Statement of Flnancial Activities
forthe year ended 31 Decemb8r2024
RESOURCES EXPENDED
Unrestricted
No.1 Alc
Restricted
Mission
Property
TOTAL
Grants to Missions and Charttles
Unlted Appeal
United Appeal
Total United Appeal
7.181.00
7.181.00
7,181.00
7,181.00
Other Schemes
Presbyterian Children's Society
Lord Enniskillen Memorial Fund
GiftAid forchildren's Society120231
World Development Appeal
Total Other Schemes
442.00
285.00
128.00
1.073.00
1.928.1)0
442.00
285.00
128.00
1,073.00.00
1.928.00
Other Missions and Charities
Students. Bursary Fund
Asia Link
Belf ast City Mission
Faith Mission
Good News for Everyone
London City Mission
Messianic Mission
Mission Africa
NewTribes Mission
Revival Movement Association
Seafarers, Christian Friend Society
Slavic Gospel Mission
Wycliffe Bible Translators
Total Oter Misslons and Charities
1.319.00
500.00
500.00
500.00
500.00
500.00
500.00
500.00
500.00
500.00
500.00
500.00
500.00
7.319.00
1.319.00
500.00
500.00
500.00
500.00
500.00
500.00
500.00
500.00
500.00
500.00
500.00
500.00
7.319.00
Total Grants to Missions and Charities
16.428.00
16.428.00
Total Resources Expended
85.152.50
12.663.00
19.558.00
954.00
118.327.50
21