an MAGHERAHAMLET CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees Annual Report and Financial Statements for the year ended 31 December 2024 Registered Charity in Northern Ireland {NIC105195)
The Trustees present their Annual Report and Financial Statement for the year ended 31 Decembar 2024 including a statement of Assets and Liabilities at that date. Reference and Administrative Details Magheraham let Presbyterian Church congregation of the Presbyterian Church in Ireland, 84 Magherahamlet Road, Ballynahinch, County Down, BT24 8JZ. Registered Cha rity in Northern Ireland NIC105195. Charity Trustees The Charity Trustees who served durinE the year or who were trustees at the date of this report were.. Mr David Whan Mr David Barr Mr Leslie Broome Mrs Margaret Broome Dr Robert Whan Principal Office Bearers M inister Stated Supply Rev Alan Wilson Clerk of Session Mr David Whan Treasurer Mrs Margaret Broome Congregational Secretary Mr David Barr Independent Examiner Stephen McKee Hea nen, Stanfield & Mcl<ee, 30 Bachelor's Wall<, Lisburn, B T28 IXN Bankers U Ister Ba nl( INII, IA tvlain Street, Ballynahinch, BT24 8AP Solicitors Murlands (Ballynahinch), 2 Dromore Street, Ballynahinch, BT24 8AG STRUCTURE AND MANAGEMENT: The Kirk Session 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 Irelancl, the Kirk Session seel<s 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 fLirther the contribution of the Church to Christian witness and Service in the local com m unity. The Kirk Sessions ha5 delegated to its Congregational Comm ittee the temporal affairs of the congregation including administering all funds and property beloTrging to the congregation. Members of the Kirk 5ossion a re ex-officio members of the Congregational Commiltee.
Presbvter an MAGHERAHAMLET PRESBYTERIAN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND: TRUSTEES. ANTrauAL REPORT (cont'd} The Kirk Session con51Sts of the ordained minister and the ruling elders of the congregation. All members are entitled to propose, speak and exercise equal votes at meetings, except that the Moderator, the minister in active duty in the congregation, has no deliberative but on ly a casting vote. Stated meetings of the Kirk session are held at least twice in each year. To be chosen for tne office of the eldership in the congregation a person must be a voting member and 3 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 l(irk Session. Members are elected if they obtain two-thirds of those who vote. Presbytery Ui)der the Presbyterian Chu rch in Ireland form of governance the corporate oversight of a congre831ion is the responsibility of a Presbytery wliich superintends generally the Spiritual and temporal afrairs of the congregatlOn5 assigned to it by the General Assembly of the Presbyterian Church in Ireland. Magherahamlet congregation of the Presbylerian Church has been a5SiEneo to the Down Presbytery of the Presbyterian Ch urch in Ireland. The membership of the Presbytery consists mainly of the active minister5 of congregations assigned to il by the General Assembly, ministers who have retired from active duly and a n elder appointed by the Kirk Session of each congregation. The General Assembly The General Assembly is the supreme court of the Church, representing in one body the whole Church and acting as its supreme legi51ative, 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 15 di5501ved. The membership of the General Assembly consists mainly of ihe 3Ctive minister5 of each congregation, retired Ininsters and a representative elder appointed by the Kirk Session of each congregation, DESCRIPTION AND PURPOSE The charitable purpose of the Congreg3tion is the advancement of religion. Magherahamlet Congregation of the 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 Congregation5 mission purpose 15 'To Know Christ and Make Him Known, such that, by the grace ofGod people of all ages become fully devoted followers of Jesu5 Christ. Our vision is, by the grace of God, to be an inclusive, welcoming community of Chrisvs people of all ages, which=
an MAGHERAHAMLET PRESB YfERIAN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND: TRUSTEES, ANNUAL REPORT (cont'd) is increasingly characterised by love for God, and love and concern for others,. is committed to the historic Christia n gospel as revealed in the Bible- is releva nt to people of this time and place. The congregation aims to live out its M ission and Vision as a family of God's people by being.. A Covenant Comm unily.. where our relaiionsh ips are rooted in the promises or God by living faithfully toward him and toward one another An Intergenerational Comm unity= where adults intentionally take the lead to engage iNlth, encourage and nurture younger members to maturity in Christ. An Outward lookin8 Community.. where we want the blessings of God that belong to us in the gospel to become blessings for others beyond the bounds of our community. As a congregation of the Presbyterian Church in Ireland, we believe that the Bible is the supreme 3Uthority over all we do, and that ihe Westminster Confession of Faith, along with the Larger a nd Shorter Catechisms set out vlhat we understand the Bible teaches on key matter5 of Christian faith and practice. ACTIVITIES AND OBJECTIVE5 The congregation meets for worship every Sunday and visitors are welcome to join. The Sacrament ofthe Lord's Supper ig observed on three occasions during the year and all those who have been baptised aiid who have made a profession of fa ith in the Lord Jesus Christ 3 re admitted to the Lord's Supper. The congregation holds regular Bible study meetings and ha5 a wide range of org3nisations and activities including-. Sunday School Youth Fellowship IG-Teaml Bowling Club Girls, Brigade Women'5 Fellowship Ipresbyterian Women) 'Food Angels, Pastoral Ca re Men for All Seasons Women's Bible Study Youth Wee1( In 2024 all activities continued as normal. All organisations met a5 Usual. The 'Food Angels, continued their worl<. Communion was held in January, May and November using the normal Communion clelivery. ACHIEVEMENTS AND PERFORMANCE Worship and prayer The congregation rneet each Sunday morning at 11.30ain. The service is recorded in our sister church on Zoom at loam, for those who are uiiable to attend in person. The option of hand sanitizing, mask wearinE and socia I distancing 3re still available if desired.
Presbyter an MAGHERAHAMLET PRESB YTERIAN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND: TRUSTEES, ANNUAL REPORT (cont'd) Pastoral care Member5 of the congregation who are unable lo attend church due to sickness or age are visited on a regular basis by the minister, elders or by one of the congregation's pastoral visitors, when this 15 not possible, phone calls are made, hospital visits continued. Mission and outreach The congregètion is situated in the midst of a rural rarming community. The farming undertalien 15 mainly comprised of sheep. dairy and beef. Others living in the community are employed in local firms and busine55es, many still mainta ining farms lianded down though the family. Many of those attending in the congregation travel from outside the immediate area to attend worsh ip and the congregational organisdiions. The chiirch seeks to encourage worship and outreach in the community and encourage devoiion to iollowing Christ thougli involving the community in its 01-gani5ations arid services. The con(Freg3tion support5 the United Appeal for Mission which is a central fund of the Presbyterian Church in Ireland. This Tund enables congregaiions to 5UPPOrt the wider mission of the denominaiion and to do mission and outreach on a denominational basis beyond what the congregation could do on its oKin. 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 suppori for the upkeep of church premises, a5SISt5 Wlth the runiiing costs of U nion Theological College, the Church's training college for ministry studeilts, and financially supports congregations in the areas of worship, disciplesh ip, global mission, outreach, leadership and pastoral care. The congregation also contributes to the denomination's annual World Development Appeal, and other speci31 appea15. fhese have included - Christian Aid,. Presbyterian Children's Society,. Poppy Appeal- Local Food Bank, Daisy Lodge Children's Cancer Centre and congregational members on mission work. They also had speakers from Sat7UK, Jews for Jesus and the Christian Institute at services and gave to these charities. Presbytery The congregation was represented at the regular meetings of Presbytery by our Convenor and / or the representative elder. This provides an important link between the congregations 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 A55embly ofthe Presbyterian Church in Ireland held in Assembly Buildings, Belfast, in June. In 2024 the Assembly was held from 20th June to 22nd June, and was attended by our Stated Supply Minister and the representative Elder. A5 part of its responsibility the Congi-egational Committee maintains the church graveyard, churcli grounds and Congregational property on behalf of the congregation. Its aim is ensure adequate facilities for the outreach and niission or the congregation and to endeavour to meet all relevant legal requirements.
MAGHERAHAMLET PRESBYTERIAN CONGREGATION OF THE PRESBVTERIAN CHURCH IN IRELAND: TRUSTEES, ANNUAL REPORT Icont'd) Organisations Sunday School meets on Sunday mornings at 10..45am before the Church service. It offers age-appropriate worship and Scripture teaching to children aged 4 - 16 iiears. In addition to the weel<ly programme, the Sunday School organised a Children's Day Service on Sunday 26 May, followed by a lunch in the Church Hall. An excursion, for the Sunday School members and their families, took place to Jungle Nl, near Moneymore on Saturday l June and a trip to Airtastic, Li5burn for bowling took place on Saturday 16 November. A Christmas Partv W3s held in the Church Hall on Saturday 14 December. G-Team is the congregation's ministry for young people aged 10- 16 and meets twice monrhly on a Sunday morning to encourage fellowship among the youth of the church and to support them pastorally. The members are also eiicouraged to tal<e an active role in the Family Services at the end of each month, including reading Bibl- passages and playing musical instruments. Girls, Brigade - Girls, Brigade Northern Ireland has as its vision 'to be recognised as a dynamic, relevant, Christ- centred organisation, effectively reaching out to 311 girls to value, n uriure a nd equip them for life. Our progra mme for this yea r included a variety of badge work topics such as Helping at Home, Girls Brigade Knowledge a nd there is alway5 time for some cooking, baking and crafting. We enjoyed a va riety of trips to Global Adventure and Airtastic Lisburn as well as visitors such as HR Dance Studio, Sensory Splal and Kell,1'5 Roller Disco. We held our annual Enrolment service in November 2024. We really enjoyed an exchange night with another loca l G B compa ny, Edengrove Pi-esbyrerian G8. They iiisited us in October for some fellowship, Eames and jewellery making. Our return visit lo them in November included painting post and planting spring bulb5. A great experience for the girls and Seaders alike. Wonder Women (Presbyterian Women) Wonder Women are a Chi'istian Group, affiliated to Presbyterian Women, whose aim is to bring togelherwomen of all ages from the community for fellowship and fun. They organise events throughout the year, usually around five or six, designed to suit all tastes. These events cire open to all women reEardless of age, culture or creed and are well advei-tised wilh in the comm unity The first event in March was 3 talli by Spud Bears, an organisation which spreads God's wo rd with talking Teddy Bears,. also in March they tool( part in the World Day of Prayer with 515ter churches in the districl and in April they welcomed the Carlisles to speak about New Beginnings in Ugand3 at their special service. In June their annual Family Walk and Picnic in Castlewellan Forest P3rk iNas rained off. In Octoberthere was a Craft night, decorating terracotta pots and in November this wa5 a F3m ily Quiz Night and in December Carols at the Cathedral in St Anne's Cathedral, Belfast. Men For All Seasons This group is made up of members from both churches. who meet approx. every quarter. A meeting point is agreed for various locations depending on the climate and sulta bility which 15 Subject to weather conditions. Normally fo rest parl( wa Ik5 or hill walks etc. wou Id be arr3nged so that conversation can take place in an open air environment to share how God is working in lives today. This is to help build Spiritual relationships within the group and in turn become more involved within both congregations. A picnic would be shared to edify the
Presbyter an MAGHERAHAMLET PRESBVTERIAN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND: TRUSTEES, ANNUAL REPORT {cont'd) body and also an afterword from Scriptures would be given to edify the soul. In addiiion io the planned wa Iks this year we vislted 'Bicks Barn" on 2nd March 2024, which was well atiended by ra Ily cars enthusiasi5. Thi5 was a brilliant display of many cham pionship wiinning cars. The walking group met at Keel point on 14th June 2024 which was enjoyed by all who attended. Due to the inclement weather conditions tliis year we had more indoor events. We had a "Farm safely evening" with guest speaker William Sayers explaining how he lost his arm due to a farming accident. This was supported by a representative from HSENI to give us an oveiview of the statistics of farmiiig accidents and how best to alioid these from happening. This event was very well attonded. Andrew Carlisle opened up his "Nissen Hui" on the evening of Ilth November 2024. This was to give the opportunity to see and ha ndle a wealth of world thiar memorabilia linked to the American Soldiers being billeted at the Spa corner. Andrew gave a very good and comprehensive presentation on their time spent at Spa. Bowling Club The Bowling Club meets weekly in the congregation from September through till May each yeai-. It has a strong communitv TOCUS and welcomes all rrom the local community. In addition to the regular weel<ly meetings social events are organised through the club 35SlSting in the raising of funds and support for charity. Bible Study The twice monthly Midweel( Bible Prayer Group, alternating between Spa and Magherahamlet, studied 'Building a People of Faiih, by lan Coffey and Ruth Dearnley and then recommenced in September with 'lsaiah-Trusting God in Troubled Times, by Howard Peskett. On alternate Thursday evenir¢gs, in the months between September and June, a group of ivomen meet for mutual discipleship and encouragement. The aim has been to encourage one another in seeking to apply God's will and ways inio every area of busy and often stressful lives, reaching for the goal of becoming more like Christ in all relationships. This year, the source material used was The Bible Society's The Bible Course, a structured chronological plan tjsing daily personal Bible readings, followed by a fortnightly group studi,, It is a reminder of the 'oiie big story, of God's plan for mankind, from the beginning of Genesis through to the vision ofa new creation in Revelation. Food Angels This is an informal ministry which operates as part of our pastora I care programme. Meals are provided at times of stress, for example at times of ill-health, recovery or bereavement, as well as on happier, but no less demanding, times such a5 the birih of a child. rhi5 service continued throughout 2024. Midweek Prayer Meeting. A Prayer meeting is held in Spa Presbyterian church for both congreg3tion5 on a Thursday morning on a weekly basis except for the month of August.
MAGHERAHAMLET PRESBYTERIAN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND: TRUSTEES, ANNUAL REPORT Icont'd) Child Protection The Church has a child protection policy which is followed within the Organisations, reviewed at Session meetings and updated every three years, as per guidelines. Holiday/Youth Bible Week During the week beginning 29 July a Holiday Bible Club for PI-P6 boys and girls and a Youth Bible Week fo r those aged P7-Ye3r 14 was jointly organised with members from Spa Presbyterian Church and ,leld in the Arnold Hall, Spa. Several of the older teens from both congregations look a leading role in delivering the Holiday Bible Club. The wee1( concluded with 3 barbeque on the Friday evening and a joint service in Spa Presbyterian Church on Sunday 4 Augusi. Volunteer5 The Trustees wish to acknowledge their deep appreciation of those who give freely of their time by serving on comm ittees and helping with organisations and other ch urch activities. PUBLIC BENEFIT STATEMENT The Presbyterian Church in Ireland meets the public benefit requirement by providing benefit to its member5 and the general public by making known the Christia n Gospel of the Lord Jesus Christ through the advancernent of religia n. The direct benefits which flow from the purposes of the Church include the gaininE of a n understanding in Christian beliefs a5 Set out in the Bible and in the Church'5 subordinate standard5 Ithe Westminster Confession of Fa ith 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 Christ13n beliefs and standards in the loc21 community such a5 through the care of those in need (including the sick, disabled and bereaved). Generally the above benefits are delivered locally by congregations and the ir members, or are facilitated through presbyteries or a re organised and delivered centrally. Loc31 delivery is facilitated by centra I resources in almosl 311 cases. Public acce55 is made known through the use 01 noticeboards, printed material. press advertisement, and social media or in other ways. The benefits are demonstrated through regiilar 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 ha rm. The only private benefit flowing from our purpose is related to M inisters, M issionaries, Deaconesses, Irish iwission workers and Lay Agents who receive benefits as a result of their holding office or employment. However, this is incidental 3nd neres5ary in order to further our charitable purpose. There are no other private benefits. The beneficia ries of this purpose are members, their faniilie5, Other individua15 that
MAGHERAHAMLET PRESBYTERIAN CONGREGATION OF THE PRESBYTERIAN CHURCTrI IN IRELAND: TRUSTEES, ANNUAL REPORT {cont'd) ihe Presbyterian Church in Ireland 15 in direct and indirect contact Ivith, the community in which pastoral services are provided and other comm unitie5 througlioLft Northern Ireland, the Republic of Ireland, and worldivide which benefit from our engagement with and support for both Christian and other secular organi5ations, charities and individual members of the public. The Kirk Session has had regard to the Charity Comm ission's Public benefit requiremeni siatutory guidance. FINANCIAL REVIEW The congregation's main source af income is members, contributions through the Weekly Freewill Offering. There were 147 contributors during the year1135 in previous year, 20231 donating a total of £30,8981£26,906 in previous year, 20231 Total Income of the congregation during the year was L69,753 compared to £67,437 in the previous year. Th increase being mainly due to more donaiions received. Total expenditure increased from £47,289 in 2023 io E61,004. STATEMENT OF TRUSTEE RESPONSIBILITIES The Trustees are responsible for prepa ring the annual report and the financial statemenis of the congregation in accordance with applicable law and generally accepted accounting practice. As the congregations total income does not exceed £250,000, the Trustees have elected under Section 6413) of the Charities Act IOrthern Ireland) 2008 to prepare a receipts and payment account and a statement of assets and liabilities. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the congregation's transactions aiid disclose with reasonable accuracy at any time its financial position. They are also responsible for safeguarding the asset5 of the congregalion and hence for taking reasonable steps for the prevention a nd detection of fraud and other irregularities. Approved by the Kirk Session at a meeting on 2u'J x and signed on its behalf. by Mr David Whan Dr Roberi Whan Date-. Date.. I 2)
Independent examiner's report to the charity trustees of Magherahamlet Congregation of the Presbyterian Church in Ireland I report on the accounts of the charity for the year ended 31 December 2024 Respective responsibllities of charity trustees and examiner As the cnarity'S trustees, you are responsible for the preparation of the accounis in accordance with the Charities Act (Northern Ireland) 2008. 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 Commission under Section 65{9)(b) of the Charities Act State whether particular matters have corne 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 niy examination was carried OLIt in accordance with the general directions given by the by Charity Commission for Northern Ireland ijnder section 65(9)Ib) 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 a 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: 1. That accounting records were not kept in accordance with 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 Charitieo Act. 4. That there is further information needed for a proper understanding of the accounts to be reached.
Independent examiner's report to the charity trustees of Magherahamlet Congregation of the Presbyterian Church In Ireland continued I have completed rny examination and have no concerns in respect of the matters (l) to14) listed above and, in conneciion with following the directions of the Charity Commission lor Northern Ireland: I have found no matters that require drawing to your attention. en Mckee 30 Bachelors Walk Lisburn BT28 1XN 30 April 2025
an MAGHERAHAMLET CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2024 Note Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Receipt5 Donations and legacies Charitable activities Oiher trading activities Investment Income Other 38,272 2,523 10,076 5,290 48,348 7,813 44,309 7,149 7,520 2,690 52 3,330 7,572 6,020 7,084 8,895 51,005 18,748 69,753 67,437 Sale of Investments Sale of fixed assets Loans Received Total Receipts 51,005 18,748 69,753 67,437 Payments Raising funds Charitable activilie5 Investment costs Other 444 31,786 444 54,192 22,406 44,520 6,368 6,368 2,450 32,230 28,774 61,004 47,289 Purchase of Investments Purchase of fixed assets Loan Repayments Total Payments 32,230 28,774 61,004 47,289 Net receipts I Ipaymentsl Transfers beiween funds 18,775 19,5121 110,0261 9,512 8,749 20,148 Net movement in funds Funds brought fomard 9,263 46,906 (5 141 37,179 8,749 97,881 20,148 77,733 13,796 Funds carried forward 12 56,169 36,665 13,796 106,630 97,881
Presbyter MAGHERAHAMLET CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2024 Unrestricted Funds Restrlcted Funds Endowment Total Funds Total Funds Funds 2024 2023 Funds Reconciliation Ban1< and Cash at STart of year Net movement in funds 46,906 9,263 37,179 (5141 13,796 97,881 8,749 77,733 20,148 Bank and Cash at end of year 56,169 36,665 106,6JO 97,881 Bank & Cash Balances Bank Deposit Accounts Bank CiJrrent Accounis Cash in Hand 13,796 92,594 240 13,796 84,015 70 106,630 97,881 Other Assets Fixed Assets- Note 10 Church Premises Iiivestments- Note 11 Gift Aid receivable on donations 1,239,235 374,605 7,509 1,199,647 362,787 6,651 1,621,349 1,569,085 Liabilities Other Approved by the Kirlc Session at a meeting on -@4Li and signed on its behalf by Mr David Barr Mrs MarEaret Broome Date: Date: 19
MAGHERAHAMLET CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO TFIE ACCOUNTS 31 December 2024 ACCOUNTING POLICIES BA51S 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 and Reports Regulations (Northern Ireland) 2Q15 to prepare its accounts on a receipts and payments basis. FUND ACCOUNTING Endowment funds are funds, tlie capital of whicli must be retained either permanently or atthe congregation's discretion; the income derived from the endowment is to be used eitlier 35 restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place. Restricted funds comprise (al iD.come from endowments wliich is to be expended only on tlie restricted purposes intended by the donor and Ibl revenue donations or grants for a specific congregational activiiy intended by the donor. Where these funds have unspent balances. interest on their pooled investment Is apportioned to the individual fund5 on an average balance bas15. Unrestricted funds are income funds which are to be Spent on the congregarion's general purposes. Designated funds are gener31 funds set aside by the congregation for use in the future. DONATIONS AND LEGACIES Unrestricted Fund5 Restricted Funds Endowment Funds Total 2024 Total 2023 Recorded giving L005e collections Donations and gifts Gift Aid Legacies and bequest 30,898 1,155 260 5,959 6,679 2,373 190 834 37,577 3,528 450 6,793 33,957 3,958 200 6,194 38,272 10,076 48,348 44,309
Presbvter an MAGHERAHAMLET CONGREGATION OF THE PRESBYTERIAN CHURCkJ IN IRELAND NOTES TO THE ACCOUNTS {cont'd) 31 December 2024 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Funds Endowment Funds Tot31 2024 Total 2023 Income from charitable activities Fees from weddings and funerals Fundraising events Membership fees Grants 2,523 155 1,225 2,678 1,225 2,564 655 1,510 2,400 1,510 2,400 1,700 2,230 2,523 5,290 7,813 7,149 OTHER TRADING ACTIVITIES Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Letting of premises Tr3ding income INVESTMENT INCOME Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Dep051t interest General Investment Fund Rents investment propertie5 Other investment income 1,404 116 6.000 52 1,456 116 6,000 993 91 6,000 7,520 52 7,572 7,084
MAGHERAHAMLET CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {cont'd) 31 December 2024 OTHER INCOME Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Insurance claims Other income 2,690 3,330 6,020 8,895 2,690 3,330 6,020 8,895 RAISING FUNDS Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 FWO envelopes Fundraising events 444 444 319 444 444 319 CHARITABLE ACTIVITIES Unrestritted Funds Restritted Fund5 Endovjment Funds Total 2024 Total 2023 General A55embly Assessments Presbytery fees Ministry and support staff c05t5 Congregational running expenses Donations to M i55ion5 and cha rities Governance costs 9,039 339 6,800 14,228 I,iio 270 9,039 339 6,800 30,277 7,467 270 4,504 392 6,650 25,508 7,196 270 16,049 6,357 31,786 22,406 54,192 44,520
Presbvter MAGHERAXAMLET CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2024 OTHER EXPENDITURE Unrestricted Funds Restrirted Fund5 Endowment Fund5 Total 2024 Total 2023 Investment propertie5 expense5 6,368 6,368 2.450 6,368 6,368 2,450 10. FIXED ASSETS The congregaiion owns the Church premises 51tuated at 84 Magherahamlet Road, Ballynahinch, BT24 8JZ and the associated fixtures, fitting5, plant and machinery. These have an insurance value of £1,239,235. 11. INVESTMENTS The congregation has the following inve4tments. Amounts are shown at market iialuation. 2024 2023 Genei'al Investment Fund Property 4,899 369,927 4,678 358,109 374,826 362,787
an MAGHERAHAMLET CONGREGATION OF THE PRESBYTERIAN CHLIRCH IN IRELAND NOTES TO THE ACCOUNTS Icont'd) 31 December 2024 12. FUND BALANCES Fund B3lance at start RestaTed Receipts Payment SurplLlS / (Deficit) Transfer Balance at end Unrestricted Funds General Fund 46,906 51,005 32,230 18,775 (9,5121 56,169 46,906 51,005 22,230 18,775 19,5121 56,169 Restricted Funds Property Fund Manse Fund United Appeal Christian Aid Pres. Ch ildren's Society Poppy Appeal World Development Christian Institute Jesus for Jews Ed ucation Authority grant Girls Brigade Bowling Club 31,209 1,411 8,113 10,158 6,368 4,227 370 378 200 991 70 120 600 5,292 12,045} (6,3681 {3751 29,164 4,043 9,000 375 3,852 370 174 200 858 70 120 600 4,201 190 12041 204 11331 133 3,315 1,244 11,0911 19D 1200} 2,024 1,434 37,179 18,748 28,774 110,0261 9,512 36.665 Bequests Invested 13,796 13,796 13,796 13,796 Total 97.881 69,753 61,004 8,749 106,630