an
DRUMLOUGH CONGREGATION OF THE PRESBYTERIAN
CHURCH IN IRELAND
Financlal Statements
for the year ended 31 December 2023
Reglstered Charity In Northern Ireland {NIC105187)

DRUMLOUGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL AcfiviTY (Recelpts and Payments Account)
for the year ended 31 December 2023
Note
Unrestrfcted
Fund5
Restrlcted
Funds
Endowment
Funds
Total
2023
Total
2022
Recelpts
Direct Giving
Other Income
Investment Income
53,154.49
1,283.04
574.94
52,454.67
6,514.00
105,609.16
7,797.04
574.94
98,345.56
9,269.61
618.58
Sale of Investments
Sale of flxed assets
Loans Recelved
li
28,000.00
28,￿0.00
T¢)tal Recelpts
55,012.47
86,968.67
141,981.14 108,233.75
Paymerts
Charltable actlvltles..
Misslon of the
Congregatlon
Donotions to Mlssions &
Choritie5
Property & Equlpment
Income Generatlon &
Governance
5 141.298.941
11,212.511
{42,511.451 142,249.191
6 11,200.001
18,594.261
{9,794.261 110,946.841
16,839.951 (194,341.321
(201,181.271 123,122.511
11,639.231
11,639.231
1798.601
Purchase of Investments
Purchase of f ixed assets
Loan Repayments
Total Payments
150,978.121 (204,148.091
1255.126.211 177,117.141
Net receipts / Ipaymentsl
Transfers between funds
4,034.35 (117,179.421
430.00
8,814.08
14,744.081
{113,145.071
31,116.61
9,244.08
8,420.20
19,244.081 18,420.201
in
out
14.500.001
Net movement in funds
Funds brou8ht forward
135.651 1113,109.421
22,002.61
240,176.65
(113,145.07)
31,116,61
38,800.00 300,979.26 269,862.65
Funds carried forward
21,966.96
127,067.23
38￿00.00 187,834.19 300,979.26
io

DRUMLOUGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 De￿mber 2023
Unrestricted
Funds
Restricted
Funds
Endowment Total Funds
Funds
2023
Total Funds
2022
Funds Reconcillatlon
Bank and Cash at start of year
22,002.61
240,176.65
38,800.00
300,979.26
269,862.65
Net movement in funds
{35.651 1113,109.42}
(113,145.07)
31,116.61
Bank and Cash at end of year
21,966.96
127,067.23
38,800,00
187.834.19
300,979.26
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
38,800.00
149,031.48
2.71
38,800.00
262,164.82
14.44
187,834.19
300,979.26
Other Assets
Fixed Assets
- Church Premises
Fixtures, F ittings & Equlpment
Investments- Note 10
Glft Aid recelvable on donations
Note 9
529,000.00 534,600.00
1,008.50
1,353.00
279.86
256.64
15,388.01
13,427.54
545,676.37
549,637.18
Llabilitle$
Loans
Other
Approved by the Kirk Session at a meeting on 2S
and signed on its behalf by
{Name]
INamel
[Date] l¥- l aL)I
IDatel
'knZL
li

DRUMLOUGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
ACCOUNTING POUCIES
BASIS OF FINANCIAL STATEMENTS
As the total Income of the congregation is less than £250,000 the congregation have elected in accordance
with the provisions in The Charities (Accounts a nd Reports Regulations l Northern Irela ndl 2015 to prepare
its accounts on a receipts and payments basis.
FUND ACCOUNTING
Endowment funds are funds, the capital of which must be retained either permanently or at the
congregation's discretion. the i ncome derived f rom the endowment is to be used either as restricted or
unrestricted Income funds dependlng upon the purpose for whlch the endowment was established in the
first place.
Restricted funds comprise lal income from endowments which is to be expended only on the restricted
purposes Intended by the donor and I b} revenue donatlons or grants for a specific con8regational attivlty
Intended by the donor. Where these fund5 have unspent balances, Interest on their pooled investment Is
a pportioned to the Indivldua I f unds on an average ba lance basis.
Unrestrltted funds are income funds which are to be spent on the con8regation's general purposes.
Designated funds a re general funds set as ide by the congregation for use in the f uture.
2. DIRECT GIVING
Unrestrlcted
Funds
Restrlcted
Funds
Endowment
Funds
Total
2023
Total
2022
Regular giving
Gifts, Bequests & Donations
50,768.13
2,386.36
49,664.50
2,790.17
100,432.63
5,176.53
93,532.43
4,813,13
53,154.49
52,454.67
105,609.16
98,345.56
12

DRUMLOUGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
3. OTHER INCOME
Unrestrlcted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Congregation3 l Activities
Other Sources
390.50
3,414.00
3,100.00
3,804.50
3,992.54
2,276.15
6,993.46
892.54
1,283.04
6,514.00
7,797.04
9,269.61
4. INVESTMENT INCOME
Unrestrlcted
Funds
Restrlrted
Funds
Endowment
Funds
Total
2023
Total
2022
Deposlt interest
General Investment Fund
Dividend
569.48
569.48
612.91
5.46
5.46
5.67
574.94
574.94
618.58
5. MISSION OF THE CONGREGATION (Charltable Acltlvltles)
Unrestrlcted
Funds
Restrlcted
Funds
Endowment
Funds
Total
2023
Total
2022
Central Assessments
Minlsterfs Stipend & Expenses
Other Ministry Staff Costs
Support Staff Costs
Congregational Activities
Other Loca I Costs
4,260.07
29,930.09
2,351.00
2,178.00
1,648.60
931.18
4,260.07
29,930.09
2,351.00
2,178.00
2,861.11
931.18
4,359.08
28,204.11
1,749.00
2,160.00
3,767.62
2,009.38
1,212.51
41,298.94
1,212.51
42,511.45
42,249.19
13

DRUMLOUGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
6. DONATIONS TO MISSIONS & CHARITIES (Charltable Acltlvltles)
Unrestrlcted
Funds
Restrlcted
Funds
Endowment
Funds
Total
2023
Total
2022
United Appeal
Other pa Schemes
4,831.00
1,378.66
2,384.60
4,831,00
1,978.66
2,984.60
5,135.00
3,244.57
2,567.27
600,00
Other Missions & Cha rities
600.00
1,200.00
8,594,26
9,794.26
10,946.84
7. PROPERTY & EQUIPMENT
Unrestrfcted
Funds
Restrlrted
Funds
Endowment
Funds
Total
2023
Total
2022
Utllltles & Equlpment
Repalrs & Maintenance
Insura nces
6,823.15
6,823.15
190,514.61
3,843.51
3,535.73
16,095.00
3,491.78
190,514.61
3,826.71
16.80
6,839.95
194,341.32
201,181.27
23,122.51
8. INCOME GENERATION & GOVERNANCE
Unrestrlcted
Funds
Restrlcted
Funds
Endowment
Funds
Total
2023
Totsl
2022
Income Generation
665.63
665.63
539.40
Governance
973.60
973.60
259.20
1,639.23
1,639.23
798.60
14

DRUMLOUGH CONGREGATION OF THE PRESBYtERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
FIXED ASSETS
The congregation owns the Church premises situated at Raffertys Hill, Hillsborough, Co Down, BT26 6QB
a nd the associated f ixtures, f ittings, and equipment.
The Church Premlses com prise:
al church building a nd surrounding graveyard
bl church hall a nd ca r park on opposite side of the road
cl New church hall slte {under construction)
dl Manse property adjacent to graveyard
The value stated on the Statement of A55ets & Liabilitie5 under Fixed Assets - Church Premlses only
ref lects a com bined amount: for the land in Ibl professiona I va luatlon (revised Sep. 2019) & {cl cost prlce,
plus a depreciated amount for Idl professional va luation. The buildings in lal & Ibl were constructed in the
19th century and have been included at a zero book value.
The com bined sum insured for all of the above l including contents) is £3,069,217.28 as at last renewal
date, 31st October 2023.
The value stated on the Stotement of Assets & Llabilities under Fixed Assets - Flxtures, Flttlnqs &
Equlpment reflects a combined, depreciated amount for fixed assets less than 10 years old.
io.
INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation as at 3111212023.
2023
2023
General Investment Fund
{James Hanna Bequest)
279.86
256.64
279.86
256.64
11. INTEREST-FREE LOANS RECEIVED FROM MEMBERS FOR NEW HALL FUND
A total of £28,000 was received in interest-f ree loans f rom congregational members to help ma intain cash-
flow to fund the on-going work on construttion of our New Hall Annexe.
15

DRUMLOUGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS Iconvd)
31 December 2023
12,
FUND BALANCES
Fund
Balance at
Start
Net
Transfers In
/IOut)
Recelpts
Payment
Surplus /
(Deflclt)
Balance at
Unrestrlrted Funds
General Fund
22,002.61 55,012.47
150,978.121
4,034.35
14,070.001 21,966.96
22,002.61 55,012.47
150,978,121
4,034.35 14,070.001 21,966.96
Restrlcted Futxls
Bulldlng & Repair
New Hall
United Appeal
World Development
Appeal
TEAR Fund
Moderatorf5 Appeal
Children's Day
Retirlng Offerin8S
Harvest
Midweek Fellowship
Sunday School/CLICK
Choir
Graveyard
Youth Fellowshlp
Bowling Club
CE. (Junior)
Table Tennis Club
V.l.P. Club
39,465.90
6,004.43
17,270.911 {1,266.481
189,557.49 64,729.30 (186,850.411 (122,121.111
500.00
5,219.25
14,831.001
388.25
38,199.42
7,865.97 75,302.35
888.25
740.00
1740.001
49.13
1284.241
1235.111
235.11
713.00
340.27
2,351.08
241.93
175.00
713.00
{713.001
155.00
1155.001
2,351.08 12,351.081
1185,27
1241.931
1833.771
937.01
1,002.42
5,297.26
220.27
173.66
211.93
158.45
1,153.67
1,498.59
1658.771
713.00
991.24
1,002.42
7,177.26
220.27
303.66
211.93
163.45
1,112.69
1,494.29
3,100.00
1220,001
2,880,00 11,000.001
315.00
160.001
255.th)
{125.001
1,348.16
460.26
1,181.86
11,218.161
1326.241
11,086.161
130.00
134.02
95.70
1125.001
1175.001
iioo.001
240,176.65 86,968.67 1204,148.091 (117,179.421
4,070.00 127,067.23
16

DRUMLOUGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS Iconvd)
31 December 2023
Endowment Funds
Henry McAdam Bequest
Jane Hamilton Bequest
David Glbson
Samuel Carruth
William Young Memorial
Annie Gourlev
Mary Heslip
John A Jess
George Wilkinson
loo.00
200.00
1,000.00
500.00
500.00
500.00
1,000.00
30.000.00
5,000.00
loo.00
200.00
I,000.CNJ
5¢JO.CKI
500.00
500.00
1,000.00
30,000.00
5,000.00
38,800.00
38,800.00
Total
300,979.26 141,981.14 (255,126.211 (113,145.071
187,834.19
17