Killinchy Presbyterian Church
Finance Report
For the Year Ended 31 December 2022

Independent examiner's Report to the Trustees of
Killinchy Presbyterian Church
l approve the accounts of the charity for the year ended 31 De￿mber 2022 contained on pages 2 to 5 and confi
that I have made available all relevant records and infornalion for their preparation.
Honorary Trea8urer
Independftnt Examlner's Roport to the Trustses
I report on the accounts of Killinchy Presbyterian Church for the peri¢xI ended 31 December 2022, which are sel
OLtI c n the following pages.
Respective responsibilities of trustees and examiner
The trustees are responsible for the preparation of the account. The Iruslee9 ¢onsider that a full audit is not required
for this year and an independent examination is needed.
Having satisfied myself that the organisalion is not subject lo Audit under company law and is eligible for
independent examination Il is my responsibility lo..
Examine the accounts.
Follow the procedure laid down in the General Direction given by the Chanly Commission with ￿gard to
independent examinations.
Stale whether particular matters have come lo my attention.
8a81• of Independent examlnerf8 report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An
examination includes a review of the accounting records kept and a comparison of the accounts presented with
Ihosi., records. 11 also in:ludes consideration of any unusual items or dis¢losur8s in the accounts and seeking
explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the
ovidence that would be required in an audit and consequently no opinion is given a5 to whether the accounts
pre,. ent a 'true and fair view, and the report 1$ limited lo those matters sel out in the statement below.
Independent examinels statement
In connection with my examination, no matter has come lo my allention,.
111 Which gives me reasonablè cause to bèlieve that in any material aspect the reqU1￿ments..
To keep accounting records.
To prepare accounts which accord with the accounting records, comply wilh the a￿oUntIng
requirements and with the methods and principles of the Statement of Recommended Practice.
121 To
my opinion, attention should be drawn in order lo enable a proper understanding of the
be reached.
PETER
OND FCA
PMB ACCOUNTANTS LIMITED
7 The Square
Comber
Newtownards
8T23 5DX
Dated.. 27 July 2023

Killinchy Presbyterian Church
Receipts & Paymènts Accounts
Year ending
3111212022
Page 2
Year Ending
2021
2022
Variance
INCOME
Congregational Givlngs
Freewill Offering
Gift Aid
Harvest Gift Day & Gift Aid
Loose Offenng
Dornan Trust Loan Capital Repayment Fund
Fund Raising Committee
KPC Kids & Sunday School
Donations for use of halls & facilities
Other Income
Funeral Catering
Graveyard
HaNest Fair
Bequests
Donations for Gift to retiring Minister
Blank
Blank
Blank
Renlal Income
77,409
25,909
6,347
2,772
75,130
16,968
4,322
1,569
2,279
8,940
2,025
1,203
1.205
3,145
48
1,205
3,145
(1,186)
1.234
4,300
1,700
2.600
15,359
1,000
14,359
5,679
5,887
142,173 107,810
208
34,363
Invoslment Income
PCI General Investment Fund
Dornan Trust
6,155
5,927
8,318
14,246
228
8,318
(8,0901
6.155
Total •xcluding Collectlons
148,328 122,056
26,272
Collectlons for Contral Appoals
United Appeal & Gift Aid
World develoFment Appeal & Gift Aid
Presbyterian Children & Orphan Society
Moderator's Appeal
PCI Council fc r Global Mission
8,062
13
7,666
100
591
396
(881
1591)
3,828
3,828
11,902
8,357
3,545
Collections f Jr other Re8trl¢ted Congregatlonal Funds
2,904
2,130
774
Total
163,134 132,543
30,591

Killinchy Pr03byterian Church
Receipts & Payments Accounts
Yèar ending
3111212022
Page 3
Year Ending
2021
2022
Variance
EXPENDITURE
Stsff Costs
Minister Salary
Minister Expenses
Ministerial Car Allowance
Ministerial Duties Allowance
PCI Pension Scheme
Vacancy Convenor
Organist
Pastoral Expenses
National Insurance
39,632
38,760
(8721
3.829
2,553
9,512
3,745
2,497
9,302
{84)
(56)
(2101
50
5,376
60,952
350
4,992
59,646
300
385
{1,307)
PCI A33essments
Central Ministry Fund
Retired Ministers, Fund
Widows of Minislers, Fund
Prolonged Disability Fund
Incidental Fund
Ministerial Development Fund
Church House External Repairs
Special Assembly
Sick Supply Fund
Students Bup. ary Fund
Apprenticeship Levy
2,907
2,892
115)
605
484
2,241
278
1,212
663
482
2,229
314
1,266
58
121
{12)
36
54
37
1,151
198
9,113
48
422
194
8,510
{7291
(603)
Property Costs
Grounds Maintenance & Minor Repairs
Rates & Insurance
Heat & Light
7,455
8,951
6.046
22,451
5,268
8,014
3,178
16,461
12,1871
1936)
2,868
15,991)
Offlc• & Admlnlstration Costs
Printing ,Stationery & SOf￿are Licenses
Postage & Telephone
AGGountan¢y l ees
Down Presbytery Fees
Periodicals
Bank Interest & Fees
Sundry Expenses
Legal & General Expenses
2,517
904
600
872
(45}
426
285
2,653
969
1,140
665
136
64
540
{2071
45
{120)
25
307
310
5,560
6,044
484

Ministry Costs
Pulpit Supplies
KPC Kids & S'inday School
Ignite & Youth Organisations
Discipleship
Fellowship
Worship
Page 4
392
1,969
313
1,111
(791
(859)
274
747
3,382
(274)
144
{1,068}
891
2,314
Property Renewals & Improvements
Church and Halls Property Repairs
Ballydrain Old School House
Manse Repairs
Old Sexton's House
Sexton's House
50,778
9,060
{41,719}
207
110
5,034
617
14,821
{96)
5,034
893
{37,674)
1,510
52,495
Donatlons
United Appeal & Gift Aid
World development Appeal & Gift Aid
Presbyterian Children & Orphan Society
Moderator's Appeal
PCI Council for Global Mission
Harvest Gift Day Designated Charities
8,809
13
1,410
3.828
8,971
100
2,452
162
88
1,042
(3.828)
1,910
15,969
2.461
13,983
551
1,986.06
Rgpaymont of Loan Capital to Dornan Trust
Payments from other Restrlcted Congregatlonal Funds
Total
2,398
2,759
362
172,321
124,538
{47,783)
SURPLUS BEFORE FINANCINC COSTS
9,187
8,005
17,192
FINANCING COSTS
Repaym8nt of Loan Int•re8t lo Dornan Trust
(DEFICIT) I SURPLUS AFTER FINANCING COSTS
9,187
8,005
17,192

Killinchy Presbyterian Church
Receipts & Payments Accounts
Year ending
3111212022
Page 5
Year Ending
2021
2022
Variance
Cash Flow Slatem8nt
Opening Cash Balances
General Fund
Building Fund
Restricted Congregational Funds
10,742
69,691
3,240
83,672
1,494
70,305
3,869
75,668
9,248
(614)
629
8,005
Closing Cash Balance
General Fund
Building Fund
Restricted Congregational Funds
26,334
44,405
3,746
74.485
10,742
69,691
3,240
83,672
15,592
(25,2861
506
9.187
Movement in Cash & Bank balances in tho year
19,187
8.005
{17,192)
Other Flnanclal Ass8t8 & Liabillties
Investments
PCI General Investment Fund
Number of Shares
22,797
22,797
Value as at 31st December
278,600 303,553
(24,9541
Loans
Doman Trust
319,439 319,439