Killinchy Presbyterian Church
Finance Report
For the Year Ended 31 December 2024

Independent examiner's Report to the Trustees of
Killinchy Presbyterian Church
dPF)rove the ?ccounls ol the charity for Ihe year pnded 31 Decemoer 2024 c()nlaine(l on pages 2 10 fi and ronfi,.
th81 I have mJde dvailable cill relevant records and liilorrndlio￿ for their preparalion.
Chairperson of. tln
nce and governa
ce subcommittee
Iiidependent Examiner's Reporl to the Trustees
I rgport on the accounts ol Killinchy Presbyterian Cl"Lirch ior Ihc period ended 31 December 2024, INhich are scl
out on Ilie following pdge£_
Respective responsibilities ol Iruslees and examiner
Thp. Iruslccs dre responsiblp for Ihe preparatioi DI the account. The trustees r.nnsider Ihal a full audit is nol rcquirpd
Ii)F thi5 yeJF an Independcnl exarvin81ion is npo.ded.
Having sdlisfied myself that Ihp. orqar)isation is ni)l subjp.ct to Audit under company law and is cligiblL for
indepondenl examination il is my responsibilily lo..
Examine the accounts.
Follow the proLedLire laid down in Ihe Generdl Direction give.n by Ihe Charily Commission with regard lo
independenl examinations.
Sldte wlielher parlicul£lr mallers have como Ir) tny attenlion.
Basis of independent examiner's report
DJIY cxaminrilion was carried out in accord-
Ince wilh Ihe GL'npral Direcliuris (Jivpn by IhL. Charity Commi8%ion. An
PX3minc?lion in(-ILides q review ol Ihp. ALcoiJnlincj rc'cords kppl arid d cornpdrison of Ihc. ar.coiinls prL'SI)nlp.d ivilh
Ihosc, ri:L()rds. 11 ilso iriclude.s Gonsideralion ol any unusiial ilerns or disclosuips in the account,4 dn(l .sceking
cxpldnalions from you CIS Iruslees conceriiinfj any sur.h mallL'r8. The pr()cedures undp.rtaken do not providc cill Ilio
cvidenc.p. Ilial wniild l)e roquired in an ciudil and con.£CQUL'nlly no opinion Is given as lo whp.lher tho 8ccounls
prosenl a 'true ic ncl fair view. and the retkort Is limiled to Ihose rrallers set oul in the slatemenl bp.10w.
Indopendenl exatninor s slatemenl
I n connp.p.lion with my examination. no maller has come to my allenlion.-
111 Which gives me reasonable cause to belie.ve that in any malerial aspect the requirements..
To keop ai:rounlinci riJc.ords.
To prpparo. Icci)Un'.% INhirh accord iév'lh tke 2c-ourtino rpcord%. comply wilh Ilic dP.counling
requiremcnls and bli'lh the melhods and p,-inLlples of ;bp Sl,Ilenienl of ReLornmended Prdclice.
y opinion, alten'.ior shoiild bp draivn in ordcr lo enablE' a proper Lindorslanding of the
L rL'aLhed.
account
PETE
PMBA
OND FCA
COUNTANTS LIMITED
7 The Square
Comber
Newlownards
BT23 5DX
Dated.. 21 August 2025
omb

PUBLIC BENEFIT STATEMENT
The Presbylerièn Church ip. Ireland mcpls the public benelil reqiiirement by providing bencfil lo ils members and
Ihc gc'ner'il publi(- by makirg known the Clirisliaii Gospel cl the Lord Jesus Christ InroucJh Ihp advancement of
rpligion.
The dircct benefits which row from the puri)oses of t￿e Church include Ihe gaining of an understanding in
Chrisli¢?n l)elicls as se.l out in the Bible and in the CF)urLh's subo,.dipalp. standards Ilhe Weslminsler Cnnfcssion
Jf Faith and Ilie Shorter ayd Lirger Cdlc'chismsl leadin(J to spiriludl and moral develormepl and opportunities for
response lo Bihle Ip.aching. In luri). Ihi% framework ledd5 0 practical exprebsions of Chi islicin beliefs and
slrindards In the local communily such ds through the care Jf those in need {including Ihe sick. disableil and
bL'fc'civocII.
GLnLfrilly. Ihp 2h(Ivc benefits arE.. d(.,livcre.d Iocrjll! by congreoalio)ns and Ihpir membcrs. 01 Jrc. Iricililal(Jil Ilirough
I re5byleries or dre orgJnispdi rjnd dp.livered cer.Ir3lly. LDCJI Glclivpry is facilitated by cp.rlrA resnurces ITI Lilmosl
?11 LEises. Puhlic ac¢es% 1% mAclc known Iliruugh Ihe. lisp vl riolicebodri15. piinle.d malpri81. j)rgss adiJpFli%p,me.nl,
website8, and social rnediB or in othp.r ￿'(lYs.
The benefits are clemons aled through regular evdlual e,n o! the services and informal and ad-hoc feedback from
motMbor5. their families, and mpmbers of the public.
-he piirpose docs nol lead to harm. The only privale benelil flowing from our purpose is related lo Minister5,
Missiunaries, Dcaconesscs, Irish Missic)n workors a?d '_8y Agents who roceive benef,.Is as a rcsull nf Ilieir
holding office or employrpenl. However. Ihis is incide'ntal Jnd necessary in order lo further our charildble purpose.
Therc are no ulhor private benefils. ThL' benefiriarie.s nf Ihis purpose rlre members, lieir familios. other
i'idividuals Ihal the Presbyterian Church in Irclap.d is in direcl and indirect contact with. +ne community in which
pastoral servip,es are provided and olhpr r.0mmo￿l...e8 Ihrougboul Northern Irpland. Ibc Republic ol Ireland. and
worldwide wliich henelil from our engagement wilb ic r,d support lo" both Christian ayd olhe.. seeular
organisalions, charities ayd individual members ul Iho PLTbliL.
The Kirk Session has hcid regard lo the Chanly Commissions public benefit rp.quirp.mpnt sldlulory guiddnre.
pmb

KillinGhy Prcsbyterian Cliurch
Receipt5 & Payrllents Accounts
Year cndiiig 31 st December 2024
Ye4ir Ending
2(124
2023 Vcirianr.r
Chur¢li
INCOME
CongrLcJation1E l Givings
F'c'.pwill oflp.iing
Gift Aid
8LI.744 84,744 78,896
18.639 18.639 14,751
15.92T 15.9?1
3.874
2.b38
5,849
3,8b8
15,927
3.874
11.6181
2,638
102
0 27,780 127.7801
Hdrvesl Gilt D7y & Girl Aid
LD05e Offcring
Grsnl InLomo far C,hurch RaDI Rep3ir
Doi"nlc ri Trust Loan Capil31 Repayrrienl Fund
Fund Raisinq Canimillec
KPC Kids
5492
3.685
2,575
42
3.685
2.575
42
500
2,800
3,080
885
Boiialions lor use Df halls 8 faci ille5
Olher Income
15051
11741
500
Funcral Calering
Graveyard
HaNesl Fair
Bequests
B13Trk
81snk
500
3,500
3,500
3.490
Blank
Renldl Incutne
6,422
6.422
6.J7
142,546 142,£46 144.41R
343
11.9721
Investmcnl Income
PCI CJener31 Investment FuDd
Proceedb from sale of inveslmeDtS
Dornan Trust
7.523
7.523
5.927
1.596
14,633
7,523 20.55: 113,0371
7,523
Total excluding Cnllections
150,069 150.069 165.078 115,0091
Collections for Contral AppeE11s
Uniled Appeal & Gill Aid
World dev6ilopffjent Appeal & Gi't Aid
Piesbyleriari Children's Sooc'.y
Moderalor 5 Appeal
PCI Couricil for Global fvTission
8.942
530
8,942
530
50
8.435
579
506
1491
50
50
470
{4701
9,?21
9,521
9..184
Collt¢tion5 for olher RestrTCted Congicgational Funds
1.291
1,2Q1 11.411 110,1191
Total
.1582 160,882 180.973 125.091)
Killinchy Presbyterian Church
Rcceipt5 & Payments Account5
Year ending
3111212024
Year EndiiiiJ
2024
2023 ViifirlnCQ
Chiircli
EXPENDITURE
Staff Costs
iniblo'r bd13ry
Minisler Expeiises
Minislerial Car Allowance
lini51erial Dlilios AIIow3Tr
43,694 43.694 42, 114
11.5811
4,221
2,815
4,221
2,815
4.020
2,681
12011
11341

PCI Perision Scheme
VacanLy Convenor
Organist
Posloidl kxpenses
NalioTral Insurance
10,487 10,487
9,988
14991
85
85
265
12,5951
5,7,15
'0.￿5 66,963 64,360
PCI A55e5sments
Central ￿.71n1%￿ry Fun(J
Rclired N(linislers' Fund
Widows of Minisler5' Fund
Prolonged Disabilily Fund
3.932
3.93?
3,174
17581
707
55:
649
64Y
2,596
288
1581
99
55a
2.A30
78
12341
?10
28
Ministerial Devclopmeiil Fund
Church House Exlernal Repairs
Communicalions Department
Sick Sui)ply fund
Sluden15 Rur53ry Fund
Apprenticeship Levy
78
1,414
1.414
1,442
29
1.257
219
219
208
12.103 12,103 10,189
11031
11,9141
Property Costs
GroLJn(l% M<]Iiilen3nce 8 MinGr 14epairs
Rale5 & In5Lirance
He3t & Lighl
Graveyard Mainlenance
9.054
9.446
11.4-2 11.402
7,?8f)
9,777
6,733
11.7681
29.902 29,902 23,796
16,1061
OfficÈ & Administration Costs
i-rinling ,Slalionery & Sollw3re Licenses
Poslage & Telephane
AccoLint3ncy F?.es
Down Presbil tery Fees
Pi.'riodica15
B3Dk IrilErosl & Fee5
Lpaving Gifl lor Retiring MinislBr
BBQ Held for Retiring Minister
SJndry FxpLTrnses
Legal & General Expenseb
2.303
1.286
600
1,030
101
2T1
2,782
1,226
600
479
1.286
600
1.030
101
1601
996
1341
1981
26
211
539
375
375
402
27
5,966
5.966
6. Jf48
582
Ministry Costs
256
748
3,208
745
489
Sunday School
KVL Kids
Oiscipleship
Fellowbhip
OLJlre3ch
P?sloral Suppnrt
Omice
Worship
748
3.208
114
2,997
228
296
16341
12111
228
296
1,039
909
17421
6.1fj1
6.161
Property Renewals & Improvements
Chiirch and Halls Property Repairs
8a.'lydrain Old SGhool House
Manse Repairs
Old Sexton'5 House
Sexlon's House
23,772 23,772 68.556
44,784
816
15,7291
?72
30..5.8(J .'1:.58Q
660
Kll,n3?
388
Donation5
United Appeal 6 Gifl Aid
World development Appeal S Gift Aid
P,esbyle.ri3n Children's Society
Moderator's Appeal
8.962
530
1.937
8.415
579
1.710
470
15461
49
12271
470
530
1.93T

PCI CvuTrGII for Global ￿lI$S1O)I1
Haw?=l Gill Day Oesignaled -harilies
0￿7
2..310
3 415 13,41 J 13,484
323
68.62
RÈpiL yment of Loar) Capital to DorniL n Trust
Priymont5 from other RestiictctS CDngregalional Fvnd5
3.999
3.999
90
13,9091
Total
169 098 14n 008 193,92CI
SURPLUS BEFORE FINANCING COSTS
8.216
8,216
7,953
263
FINANCING COSTS
Repciymenl of Loan Interesl to Dornan Trust
IDEFICITI AFTER FINANCING COSTS
18,216
8.216
7,953
263
Killinchy Presbyterian Church
Roceip15 & Payments A¢coiint5
Yearcnding
3111212024
Yoi1r Endiiig
Cliurch
2024
2023 Vari￿7nCe
Cash Flow Statement
Opening Cash Balances
C.?neral Fund
Buildir)g Fund
Reslrirled Congregation31 Funds
Graveyard Acu)unl
Legacy & Gift Accounl
24028 24.028 26,334
12,3051
27417 2T,417 44,405 116.9881
1Q 087 15,087
3,746
11,34,,
66.532 66,532 74,d6J
17,9531
Closing Casl) Balance
Cieneral Fuiid
Building Fuiid
Iinibus Accounl IAccounl Closed Aug 20111
Reslrilled Conqregalional Funcs
Graiweyard Account
Legacy 8 Gift Accounl
23,975 23,975 24,028
21.981 21.981 27.417
1531
15,4361
12.360 12.360 10,087
12,7271
J8,3'6 $8,316 66,532
18,2161
Movement in Cash & Bank balances in Ihe year
18,216
10.001
8,216
17.95J
1283
Otlier Financial Assets & LiabTlitie5
Invostments
PCI GLneral Inveslmpnl Fund
Nijmber of Shares
22,797 22.797
Value as 813151 De￿Mber
Id,rJ87 303.813
10,714
Loans
Dornan Trusl
11U 439 31(},4Jo
Sign.Iture
Oate
31s