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Ballydown Presbyterian Church a congregation of the
Presbyterian Church in Ireland
Trustees Annual Report and Financial Statements
for the year ended 31 December 2024
Registered with the Charity Commlsslon for Northern Ireland NIC105146

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TRUSTEES ANNUAL REPORT
The Trustees present their Annual Report and Financial Statements for the year ended 31
December 2024 including a Balance Sheet as at that date.
REFERENCE AND ADMINISTRATIVE DETAILS
Ballydown Presbyterian Church a congregation of the Presbyterian Church in Ireland
Castlewellan Road, Banbridge, Co. Down.
Registered Charity in Northern Ireland (NIC105146)
CHARITY TRUSTEES
The Charity Trustees who served during the year or who were trustees at the date of this
report were
Elmer Armstrong
lan Montgomery
John Campbell
Andrew Adams
Samuel Mills
Liam Rutherford
Dermot McElderry
Alistair Copeland
Samuel Martin
James Martin
William Porter
Conrad Ferris
Mark Moorhead
PRINCIPAL OFFICE BEARERS
Minister
Clerk of Session
Treasurer
Rev Liam Rutherford
lan Montgomery
James Ringrose
INDEPENDENT EXAMINER
S.M.Vint & Co.. 8 Newry Road, Banbridge. BT32 3HN.
BANKERS
Danske Bank, Newry Finance Centre, 58 Hlll Street, Newry* BT34 IAR.
SOLICITORS
Trevor McBurney & Co.. 11 Downshlre Place, Banbridge, Co. Down, BT32 3DF.

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TRUSTEES ANNUAL REPORT (cont'd)
STRUCTURE AND MANAGEMENT
The Klrk Sesslon
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 congregations.
All members 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 monthly.
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 ordinances. 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 Assembly of the
Presbyterian Church in Ireland. Ballydown 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 congregation5 assigned to it by the General

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TRUSTEES ANNUAL REPORT {conVd)
Assernbly. minsters who have retired from active duty and an elder appointed by the Kirk
Session of each congregation.
The General A55embly
The General Assembly is the supreme court of the Church, representing in one body the
whole Church and acting as it5 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
Ballydown Presbyterian Church 15 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 congregation's mission purpose is: 'Reflecting Christ. Reaching People. Renewing lives."
-REFLEcfiNG CHRIST
Our mission is to reflect Christ's desires and character. We want people to see Jesus 'the
Light of the World,. We are His lights reflecting His loving and life-giving qualities.
-REACHING PEOPLE
Our mission is to moke disciples, as Jesus commanded. We want to find ways of making
meaningful contacts with people in our community and to shore God's love with them.
-RENEWING LIVES
Our mission is to see God s Spirit take God's Word and transform lives. We WGnt to see lives
renewed as testimony to the power of the Gospel.

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TRUSTEES ANNUAL REPORT (cont'd)
ACTIVITIES AND OBJECTIVES
The congregation meets for worship every Sunday and visitors are welcome to join. The
Sacrament of the Lords Supper is observed on six occasions during the year and all those
who have been bapti5ed and who have made a profession of faith in the Lord Jesus Christ
are admitted to the Lord's Supper. The congregation has a wide range of organisations
including:
Creche, Sunday School and Bible Class
Youth Club
Girls, Brigade
Boys, Brigade
Youth Fellowship
Presbyterian Women
Small Groups
ACHIEVEMENTS AND PERFORMANCE
Worship and prayer
The congregation meets for worship each Sunday at 10.30am at two locations, at Ballydown
Presbyterian Church {151 Castlewellan Road, Banbridge) and The Bridge (72-78 Newry St,
Banbridge) and once a month at 7.30pm at The Bridge.
The Bridge was established in May 2024 as a church plant seeking to reach the unchurched
in the town of Banbridge.
During the week the Small Groups provide an opportunity for members to meet together
for fellowship, to study the scriptures and to pray.
During the year we acknowledged God's gift of new life at baptism, we conducted marriage
service5 and funeral services. We also marked harvest and other key times in the Christian
calendar including Christmas and Easter.
At 31 December 2024 there were 313 communicant members and 232 families connected
with the congregation.
The average attendance at Sunday morning worship was around 350 per50n5 of all ages in
Ballydown and another 50 or so at The Bridge. Children's ministries run during the services
to meet the spiritual needs of children of all ages. Prayer Ministry is offered at the close of
the service. We also serve tea and coffee after the service to allow for informal fellowship.

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TRUSTEES ANNUAL REPORT {conVd)
Pastoral care
Members of the congregation who are unable to attend church due to sickness or age are
normally visited by the minister, elders or by one of the congregation's pastoral visitors.
Mission and outreach
At a local level the congregation seeks to share the gospel of Jesus Christ both formally and
informally. This is achieved through our regular church services, online services, uniforrned
and non-uniformed organisations and through the various clubs that we run as well as
helping to support the local Food Bank and various charitable organisations such as the
Blythswood Shoebox Appeal.
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 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.
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 elder5 were nominated to attended the General Assembly of
the Presbyterian Church in Ireland held in Assembly Buildings, Belfast, in June.
Property
The church continues to maintain the property to a good standard
Organlsations
Small Groups: Nine small groups have met in the church premises and around our district on
a weekly basis, averaging 16 people in each.

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TRUSTEES ANNUAL REPORT (cont'd)
Youth Fellowship met on Sunday evenings and exists for teenagers to learn more about the
gospel, worship together and enjoy various games and social activities and a weekend away.
Average attendance 35.
Youth Club meets on Friday evenings with an average of 30 teenagers attending and
enjoying all sorts of activities including football, board games, pool, basketball, table tennis
and various video games.
Boys, Brigade in Ballydown is made up of three sections- Anchor Boys, Junior Section and
Company Section. The Boys, Brigade sections have sought to fulfil their mission of
"Extending Christ's Kingdom Among Boys" through their badge work. Bible Study and
development of life-skills.
Girls, Brigade is made up of five sections. The girls range in age from 4 to 16 years old
5UPPOrted by 16 leaders. Ballydown GB is affiliated to GBNI as 37fh GBNI Company. The GB
rneets weekly on a Tuesday to fulfil their mission which is, To help girls to become
followers of the Lord Jesus Christ, and through self-control, reverence and a sense of
responsibility, to find true enrichment of life."
Creche is split into three- Baby Creche (O to 12 monthsl, Junior Creche {1 to 2+ years) and
Toddler Creche (2+ to 4 years) and runs during the Sunday Service.
Worship has been led each Sunday by a team of musicians and praise leaders.
The Puppets Ministry has presented Bible stories to children - presented mainly by our
teenagers. They have featured on special occasions such as Easter, Children's Sunday,
Christmas and the Organisations, Enrolment Service.
Camera Club has met fortnightly and exists to educate its members about photography and
taking better pictures. They have organised occasional field trips and created projects for
Members to complete.
Sewing Bees has about a dozen ladies meeting to complete craft projects.
Presbyterian Women has met the needs of ladies of the congregation with an emphasis on
both spiritual and practical activities. The PW prays for and supports overseas mission.
The Carers, Group helps those who are caring for their family members wa5 able to resume
meeting once a rnonth in the second half of year.
Lift Group are small meetings of three to four people Meeting for prayer on an informal
basis.

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TRUSTEES ANNUAL REPORT (cont'd)
New men's and women's ministries have been established to help to maintain the personal
links within our congregation and to encourage fellowship.
Volunteers
The Trustees wish to acknowledge their deep appreciation of those who give freely of their
time by serving on committees and helping with organisations and other church activities.

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TRUSTEES ANNUAL REPORT {conYd)
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 advancement of religion.
The direct benefits which flow from the purpose5 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 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 ways.
The benefits 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 harm. The only private benefit flowing from our purpose is
related to Ministers, Missionaries, Deaconesses, Irish Mission workers and Lay Agents who
receive benefits a5 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 15 in direct and indirect contact with, the community
in which pastoral sepiices are provided and other communities throughout Northern
Ireland, the Republic of Ireland, and worldwide which benefit from our en8agement 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.

Presbyter
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TRUSTEES ANNUAL REPORT {cont'd)
FINANCIAL REVIEW
The congregation's main source of incorne is members, contributions through the Weekly
Freewill Offering. There were 173 contributors during the year donating a total of £151,121
Ipage 21) compared to 177 contributors donating £112,898 in previous year
Total Income of the congregation during the year was £321,242 Ipage 14) compared to
£270,447 in the previous year.
Total expenditure increased from £266,758 to £304,254 {page14).
RESPONSIBILITIES IN RESPEcf OF THE FINANCIAL STATEMENTS
The Trustees are responsible for preparing the Annual Report and the financial statement5
in accordance 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:
select suitable accounting policies and then apply them consistently
make judgements and estimates that are reasonable and prudent
prepare the financial statements on the going concern 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 Practice "Accounting and
Reporting by Charities11 January 2015}". They are also responsible for safeguarding the
assets of the congregation and hence for taking reasonable step5 for the prevention and
detection of fraud and other irregularities.
10

Presbyter
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THE PRESBYfERIAN CHURCH IN IRELAND
ANNUAL REPORT
For the year ended 31 December 2024
GOING CONCERN
The activities of the congregation are dependent on ongoing contributions from its
members. The Trustees are of the opinion that the congregation has sufficient resources at
the date of approval of these financial statements to meet commitments which will arise in
the year from the date of signing this report and subject to the continuing support from
members to fund on an ongoing basis the congregation's current activities and other
financial commitments.
RESERVES POLICY
The Trustees have considered the level of unrestricted reserrfes that it is appropriate to hold
taking account of current and ongoing commitments. It is the policy of the Trustees to hold
between three and six month's normal expenditure. At the year end unrestricted reserrfes
were £110,071 (page 15) which represents a high level of reserves. The Trustees however,
consider it prudent to hold reserves at this level as the funding of its present activities is
dependent of the ongoing financial support of members.
RISK REVIEW
A review of major risks has been undertaken by the Trustees and systems and procedures
implemented to manage identified risks. The principal risks are in relation to the likelihood
of reputational damage and financial risks associated with the expectation of ongoing
financial support from members. These risks are mitigated by the Trustees, and the
Congregational Committee, regularly monitoring the various activities of the congregation
at stated meetings and by encouraging members in their regular giving.
th
Approved by the Kirk Session at a meeting on 19 May 2025 and signed on its behalf by
Rev Liam Rutherford
Jame
8r05e
Minister
Tr
surer
11

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QUALIFIED INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF BALLYDOWN
CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
I report on the accounts of the charity for the year ended 31st December 2024 which are set
out on pages 14 to 32.
This report is made solely to the charities Trustees, as a body, in accordance with section
65(3)(a) of the Charities Act Northern Ireland 2008 and regulations made under section 66 of
that Act. My work has been undertaken so that I might state to the charities Trustees those
matters l am required to state to them in an Independent examiner's report and for no other
purpose. To the Fullest extent permitted by law. I do not accept or assume responsibility to
anyone other than the charity and the charities Trustees a5 a body, for my work or this report.
Respective responsibilities of Trustees and Examiner
As the charitV5 trustees you are responsible for the preparation of the accounts in accordance
with the Charities Act {Northern Ireland) 2008. You are satisfied that your charity is not
required by charity law to be audited and have chosen instead to have an independent
examination.
It is my responsibility 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 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
my 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.
12

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Independent examiner's statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a
body listed in section 65 of the 2008 Act. I confirm that l am qualified to undertake the
examination because l am a member of Chartered Accountants Ireland, which is one of the
listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in
connection with my examination giving me cause to believe that in any material respect:
accounting records were not kept as required by with section 63 of the 2008 Act; or
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements of the 2008
Act; or
the financial statements do not comply with the applicable requirements concerning
the form and content of accounts set out in the Charities {Account5 and Reports)
Regulations 2008 other than any requirement that the accounts give a 'true and fair,
view which is not a matter considered as part of the independent examination.
I confirm that there are no matters to which your attention should be drawn to enable a
proper understanding of the accounts to be reached.
21st May 2025
B. Magennis FCCA FCA
For and behalf of S.M. Wint & Co
Chartered Certified Accountants & Registered Auditors
8 Newry Road
Banbridge
BT32 3HN
13

Presbyter
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BALLYDOWN PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
STATEMENT OF FINANCIAL ACTIVITY
for the year ended 31 December 2024
Incorne and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Other
191322
5(NJO
860
104778
18103
296100
23103
860
io
1169
261005
7813
600
21
1008
io
1058
iii
Total
197293
123949
321242 270447
Expendlture on:
Raising funds
Charitable activitie5
Other
273
166392
273
263
303981 266495
137589
Total
166665
137589
304254 266758
Net gains/(losses} on investments
Net Income / (expenditure)
Transfers between funds
Gains/(losses) on revaluation of
fixed assets
30628
{7469)
113640)
7469
16988
3689
Net movement in funds
Reconciliation of funds:
Total funds brought fonvard
23159
{61711
86912 1488453
16988
3689
1575365 1571676
Total funds carried forward
110071 1482282
1592353 1575365
14

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BALLYDOWN PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
BALANCE SHEET
As at 31 December 2024
Flxed assets:
Tangible assets
Heritage assets
Investments
12
1619088
1619088
1664696
13
Total fixed assets
1619088
1619088
1664696
Current assets
Debtors
14
11149
19196
16265
Current Investments
Cash at bank and in hand
15 108050 44752
152802
136560
Total current assets
116097
55901
171998
152825
Llabilities:
Creditors: Amounts falling due
within one year
16 16026) (36442)
142468)
(50042)
Net current assets or liabilities
110071
19459
129530
102783
Total assets less current Ilabilitie5
Creditors: Amounts falling due
after more than one year
Provisions for liabilities
17
1156265)
11562651
1192114)
Total net assets or liabilities
110071 1482282
1592353
1575365
15

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BALLYDOWN PRESBYfERIAN CHURCH
a Con8regation of The Presbyterian Church In Ireland
BALANCE SHEEr
As at 31 December 2024
Funds of the tharlty
Endowment funds
18
Restricted income funds
18
1482282
1482282 1488453
Unrestricted funds
18
110071
86912
Revaluation reserve
18
Total charity funds
IiWll ￿2282
1592353
1575365
Approved by the Kirk Session at a meeting on 19th May 2025 and signed on its behalf by
Rev Liam Rutherford
James R
Mlnister
Treas
16

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BALLYDOWN PRESBYTERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
NOTES TO THE AcCou￿rS
31 December 2024
ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
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 Financial Reporting Standard applicable in the UK and Ireland
(FRS102) (effective l January 2015).
The financial statement5 have been prepared under the historical cost convention except
for investment assets, which are shown at market value. The financial statements include all
transactions, assets and liabilities for which the congregation is responsible in law. They do
not include the accounts of church groups that owe their affiliation to another body, nor
those that are informal gatherings of church members.
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 {al 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 fund5 have unspent
balances, interest on their pooled investment is apportioned to the individual funds on an
average balance basis.
Unrestrirted 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.
17

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BALLYDOWN PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS
31 December 2024
ACCOUNTING POLICIES {cont'd}
INCOMING RESOURCES
(l) Recognition of 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.
{ii) Incoming resources with related expendlture
Where incoming resources have related expenditure (as with fundraising income) the
incoming resources and related expenditure are reported gross in the SOFA.
(iii) Grants and donatlons
Grants and donations are only included in the SOFA when the congregation has
unconditional entitlement to the resources.
(iv) Tax reclaims on donations and glfts
Incoming resources frorn tax reclaims are included in the SOFA at the same time as the gift
to which they relate.
(v) Contractual income and performance related grants
This is only included in the SOFA once the related goods or ser￿iceS have been delivered.
(vi) Volunteer help
The value of any voluntary help received is not included in the accounts but is described in
the trustees, annual report.
Ivll) Investment income
This is included in the accounts when receivable.
18

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BALLYDOWN PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS
31 December 2024
ACCOUNTING POLICIES {conVd)
{viii) Investment gains and losse5
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
{ix) Llability recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing
the congregation to pay out resources.
(x) Governance costs
These are shown within charitable activities 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.
(xi) 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.
(xil) Grants payable without performance conditions
These are only recognised in the accounts when a commitment has been made and there
are no conditions to be met relating to the grant which remain in the control of the charity.
19

Presbyter
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BALLYDOWN PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS
31 December 2024
ACCOUNTING POLICIES (cont'd)
ASSETS
{xill) 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 £1,000. They are valued at cost or. if gifted, at the value to the charity
on receipt.
Depreciation is recorded on all tangible fixed assets other than freehold land, at rates
calculated to write of the cost, less estimated residual value, of each asset over its expected
useful life as follows
Buildings:
Fixtures, fittings and equipment
- over 50 years
- over 8 years
(xlv) Investments
Investments quoted on a recognised stock exchange are valued at market value at the year
end. Other investment assets are included at trustees, best estimate of market value.
20

Presbyter
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BALLYDOWN PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
DONATIONSAND LEGACIES
Recorded giving:
Loose collections
Donations and gifts
Gift Aid
Legacies and bequest
151121 83488
9715
1208
1867
2870
28619 17212
234609 206546
10923
7782
4737
1080
45831
40597
5000
191322 104778
296100 261005
CHARITABLE AcfiviTIES
Income from charitable
activities
Fees from weddings and
funerals
Membership fees
Fundraising events
Grants
6657
6070
5376
6657
6070
10376
4713
5000
3100
5000
18103
23103
7813
21

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BALLYDOWN PRESBYTERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS Iconvd)
31 December 2024
4. OTHER TRADING ACTIVITIES
Letting of premises
Trading income
860
860
860
860
600
INVESTMENTS
Deposit interest
General Investment Fund
Property Rents
Other investment income
10
10
21
10
10
21
22

Presbyter
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BALLYDOWN PRESBYfERIAN CHURCH
a Congregation of The Presbyterlan Church In Ireland
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
OTHER INCOME
Insurance claims
Other income
111
1058
1169
1008
111
1058
1169
1008
RAISING FUNDS
FWO envelopes
Fundraisin8 events
273
273
263
273
273
263
23

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BALLYDOWN PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
CHARITABLE ACTIVITIES
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Congregational running
expenses
Donations to Missions and
charities
Governance costs
23549
23549
21958
866
866
846
81015
81015
69773
58142
101827
159969
131096
35762
35762
40002
2820
2820
2820
166392
137589
303981
266495
OTHER EXPENDITURE
Investment properties expenses
24

Presbyter
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BALLYDOWN PRESBYfERIAN CHURCH
a Congregation of The Presbyterlan Church In Ireland
NOTES TO THE ACCOUNTS Icont'd)
31 December 2024
10. EMPLOYEES
Employment Costs
Wages and Salaries
Social Security Costs
Pension contributions
73497 63946
7350
5684
9229
8773
90076 78403
Number of Ernployees
The average nurnber of employees, including the minister of the congregation, during the
year was
No
No
Average number of employees
There were no employees in receipt of employee benefits in excess of £60,000.
25

Presbyter
an
BALLYDOWN PRESBYfERIAN CHURCH
a Congregatlon of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
11.
PENSION COST5
The minister of the congregation is a member of the Presbyterian Church in Ireland Pension
Scheme12009). 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 equivalent to the employerfs pension contribution for the 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
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
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
Contributions
9061
8773
The congregation operates a defined pension contribution policy for its employees. The
scheme and its assets are held by an independent scheme manager. The pension charge
represents the contributions due from the congregation during the year
Contributions
168
26

an
BALLYDOWN PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
12. TANGIBLE FIXED ASSETS
Cost or valuation
At start of year
Additions
Disposals
30000
1915809
59058
2004867
At end of year
30000
1915809
59058
2004867
Depreciatlon
At start of year
Provision for year
Disposals
299296
40875
340171
38316
7292
45608
At end of year
337612
48167
385779
Net Book Value
At start of year
30000
1616513
18183
1664696
At end of year
30000
1578197
10891
1619088
13. INVESTMENTS
2024
2023
General Investment Fund
Investment Properties
Presbyterian Mutual Society
27

an
BALLYDOWN PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
NOTES TO THE Accou￿rS Icont'd)
31 December 2024
13. INVESTMENTS (Cont'd)
2024
2023
Value at start of year
Additions
Disposals
Impairment
Gains / (Losses on revaluation}
Value at end of year
28

an
BALLYDOWN PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
14. DEBTORS
2024
13618
2023
11974
Gift Aid Recoverable
Other debtors
Prepayments
5578
4291
19196
16265
15. C4SH AT BANK AND IN HAND
2024
2023
Danske Bank Current account
Danske Building account
Danske Mission account
Danske The Bridge account
First Trust Deposit account
Danske Bank Sunday School
Organisation account5
88387
22693
14830
19663
263
938
6028
84740
19432
24002
258
1864
6264
152802 136560
29

an
BALLYDOWN PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
16. CREDITORS: amount falling due wlthin one year
2024
2023
1311
898
5307 15432
35850 33712
Other creditors
Accruals
Danske Bank loan
42468 50042
17. CREDITORS: amount falling due after rnore than one year
2024
2023
156265 192114
Danske Bank loan
156265 192114
30

an
BALLYDOWN PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
NOTES TO THE Accou￿rS (cont'd)
31 December 2024
18. FUND BALANCES AND RECONCILIATION OF FUNDS
Fund
Balance
at start
Income
Expend. Gains/
Losses
Transfer
Balance
at end
Unrestrlcted Funds
General funds
The Bridge Funds
86912
155142
42151
{1436451
123020)
11497
19131
172891
11801
91120
18951
86912
197293
(166665)
30628
174691
110071
Restricted Funds
First Trust Deposit
Building
Mission
Danske Bank Sunday School
Organisations
Danske Bank Loan Ac
Property fund
258
25940
16067
1864
6265
1226637}
1664696
262
30781
17892
938
6029
(1927081
1619088
67946
36871
{232781
{352261
1926)
(193641
(131871
145608)
44668
1645
19261
12361
1131871
{456081
139827>
180
19128
47116
1488453
123949
{137589) {136401
7469
1482282
Endowment Funds
[Name of Fundl
Total
1575365 321242
(304254)
16988
1592353
31

an
BALLYDOWN PRESBYfERIAN CHURCH
a Congregation of The Presbyterlan Church In Ireland
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
19.
RELATED PARTY TRANSACTION
One of the Trustees, the minister of the congregation received remuneration of £42,680 and
expenses of £7,036 for acting in that capacity. Pension contribution of £9,062 were 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.
During the year the congregation contributed the following amounts to Funds of the
General Assembly of the Presbyterian Church in Ireland a separate charity
£14,487 for congregational assessrnents
£10,891 towards the United Appeal
etc.
The congregation contributed £866 towards Presbytery Assessments during the year
There were no other related party transaction5.
32