an SLOAN STREET LISBURN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees Annual Report and Financial Statements for the year ended 31 December 2022 Registered Charity in Northern Ireland {NIC105229)
SLOAN STREET LISBURN a Congregation of The Presbyterian Church in Ireland an TRUSTEES ANNUAL REPORT (cont'd} The Trustees present their Annual Report and Financial Statements forthe year ended 31 December 2022 including a Statement of Assets and Liabilities as at that date. REFERENCE AND ADMINISTFIATIVE DEfAILS Sloan Street Lisburn congregation of the Presbyterian Church in Ireland 2C Sloan Street, Lisburn, Co. Antrim, BT27 SAG Registered Charity in Northern Ireland INIC1052291 CHARITY TRUSTEES The Charity Trustees who served during the year or who were trustees at the date of this report were: Rev Andrew Faulkner Dr Brian Craig Mr Kenneth Irvine Mr Paul Mccarroll Mr James McDowell Mr Nelson Small Dr Ivan Wiggam Mr Gary Wilson Mr Clifford Morrison Mr Alan Templeton Mr Graeme White PRINCIPAL OFFICE BEARERS Minister Clerk of Session Treasurer Rev Andrew Faulkner Dr Brian Craig Mr Paul Mccarroll INDEPENDENT EXAMINER Mccleary & Company, Garvey Studi05, 14 Longstone Street, L15BURN, Co. Antrim, BT28 ITP BAN KERS Danske Bank, 62 - 66 Bow Street, LISBURN, Co. Antrim, BT28 IYS SOLICITORS Donald50n Mcconnell & Company, 8- 10 Graham Gardens, Lisburn, BT28 IXE
SLOAN STREET LISBURN a Congregation of The Presbyterian Church in Ireland TRUSTEES ANNUAL REPORT {cont'd) Presbyter an STRucfuRE 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 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 belon8ing 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 on the third Monday of January, March, May, September and November. 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 a55igned to it by the General Assembly of the Presbyterian Church in Ireland. Sloan Street Lisburn congregation of the Presbyterian Church has been assigned to the Dromore Presbytery of the Presbyterian Church in Ireland. The membership of the Presbytery consists mainly of the active ministers of congregations assigned to it by the General Assembly, minsters who have retired from active duty and an elder appointed by the Kirk Session of the congregation.
SLOAN STREET LISBURN a Congregation of The Presbyterian Church in Ireland an TRUSTEES ANNUAL REPORT {conVdJ 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 legislative, administrative 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 The charitable purpose of the congregation is the advancement of religion. Sloan Street Lisburn congregation of the Presbyterian Church is 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 Scripture5, 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'5 Vision statement is: Making and Growing Disciples of Jesus Christ, The Congregation aims to live out its Vision and Mission as a family of God's people by being: A Covenant Community: where our relationships are rooted in the promises of God by living faithfully toward him and toward one another. An Intergenerational Community: where adults intentionally take the lead to engage with, encourage and nurture younger members to maturity in Christ. An Outward looking 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 15 the supreme authority over all we do, and that the Westminster Confession of Faith, along with the Larger and Shorter Catechisms set out what we understand the Bible teaches on key matter5 of Christian faith and practice.
SLOAN STREET LISBURN a Congregation of The Presbyterian Church in Ireland TRUSTEES ANNUAL REPORT (cont'd) an AcfiviTIES AND OBJECTIVES The congregation meets for worship every Sunday and visitors are welcome to join. The Sacrament of the Lord's Supper is observed on several occasions during the year and all those who have been baptised and who have made a profession of faith in the Lord Jesus Christ are admitted to the Lord's Supper. The congregation holds regular bible study meetings along with small home groups and has a wide range of organisations including: Treasure Seekers and Adventurers Going Deeper Mothers and Toddlers Girl's Brigade Badminton Club B.B. Old Boys Presbyterian Women Mixed Fellowship (Bowling) Club Boys, Brigade English Language Classes ACHIEVEMENTS AND PERFORMANCE Worship and prayer The congregation normally meets for worship each Sunday at 11.00am and 6.00pm. During the week the Bible Study provides an opportunity for members to meet for fellowship, to studythe scripture5 and for a time of prayer. As well a5 our regular services during the year we acknowledged God's gift of new life at 5 Sacraments of Baptism. We conducted one marriage service and gave thanks for faithful services and sought to comfort those who had been bereaved during the year. At 31 December 2022 there were 202 communicant members and 245 families connected with the Congregation. The average weekly attendance at morning worship is 215 and 60 at evening worship. Pastoral care Members of the congregation who are unable to attend church due to sickness or age are visited on a regular basis by the minister, elders or by the congregation's pastoral visitors.
SLOAN STREET LISBURN a Congregation of The Presbyterian Church in Ireland TRUSTEES ANNUAL REPORT (cont'd) Presbyter an Mission and Outreach At a local level the congregation supports a number of members who serve in a range of mission agencies both at home and overseas. Regular updates and prayer requests are provided through the Mission Support Committee and missionaries are given the opportunity to provide personal updates whenever they are home on furlough. In addition to our support for those from within the congregation actively involved in mission at home and overseas, 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 a 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 support5 congregation in the areas of worship, discipleship, global mission, outreach, leadership and pastoral care. The congregation a150 contributes to the denomination's annual World Development Appeal, Sunday School project and any other special appeals. Presbytery The congregation was represented at the regular meeting5 of Presbytery by our minister and one of the elders. This provides an important link between the congregations and the wider structures of the church. General Assernbly The minister and one of our elders were nominated to attend the meeting of the General Assembly of the Presbyterian Church in Ireland held in Assembly Buildings, Belfast, in June. Property Remedial repairs to Church property continued to be made when required throughout the year.
SLOAN STREET LISBURN a Congregation of The Presbyterian Church in Ireland TRUSTEES ANNUAL REPORT (cont'd) an Organisations Our Sunday Children's programme, Adventurers for age5 3-5 and Treasure Seekers for ages 6- 11 moved to an online presence and attracted an average of 20 children in the age range of O -11 where an attractive programme of teaching and learning was provided by our volunteer leaders. Sunday evenings, Going Deeper, a programme specifically aimed atthose aged 12- 18, also used the online facility when opportunities to share together and explore their faith and developing their spiritual well-being. Volunteers The Trustees wish to acknowledge their deep appreciation of those who give freely of their time by serving on committees and helping with organisation5 and other church activities.
SLOAN STREET LISBURN a Congregation of The Presbyterian Church in Ireland TRUSTEES ANNUAL REPORT (cont'd) an 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 purposes 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 15 made known using 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 as a result of their holding office or employment. However, this is incidental and necessary to further our charitable purpose. There are no other private benefits. The beneficiarie5 of this purpose are members, their families, other individuals that the Presbyterian Church in Ireland is in direct and indirect contact with, the community in which pastoral services are provided and other communities throughout Northern Ireland, the Republic of Ireland, and worldwide which benefit from our engagement 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.
SLOAN STREET L15BURN a Congregation of The Presbyterian Church in Ireland TRUSTEES ANNUAL REPORT (cont'd) Presbyter an FINANCIAL REVIEW The Congregation'5 main source of income is members, contributions through the Weekly Freewill Offering. There were 146 contributors during the year {151 in previous year, 20211 donating a total of £ 152,170 {£143,995 in previous year, 2021). Total Income of the congregation during the year was £264,628 compared to £353,740 in the previous year. Total expenditure increased from £156,733 to £219,921. STATEMENT OF TRUSTEE RESPONSIBILITIES The Trustees are responsible for preparing the annual report and the financial statements of the congregation in accordance with applicable law and generally accepted accounting practice. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the congregation's transaction5 and disclose with reasonable accuracy at any time its financial position. They are also responsible for safeguarding the assets of the congregation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Kirk Session at a meeting on 8 December 2023 and signed on its behalf by Signed Signed Paul Mccarroll Dr Brian Craig 8 December 2023 8 December 2023
SLOAN STREET LISBURN a Congregation of The Presbyterian Church in Ireland INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF SLOAN STREET LISBIYRf* '. ,.." CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND Presbyter an We report on the accounts for the year ended 31 December 2022 set out on pages eleven to seventeen. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts in accordance with the Charities Act {Northern Ireland) 2008. It is our responsibilityto: examine the accounts under Section 65 of the Charities Act to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 65{91(b) of the Charities Act); and to state whether particular matters have come to our attention. Basis of the independent examiner's report We have examined your charity accounts as required under section 65 of the Charities Act and our examination was carried out in accordance with the general directions given by the Charities Commission for Northern Ireland under section 65(9llb) of the Charities Act. Our 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 of disclosures in the accounts and seeking explanations from you as charity trustees concerning any such matters. Our role is to state whether any material matters have come to our attention giving us cause to believe: That accounting records were not kept in accordance with section 63 of the Charities Act That the accoLJnts do not accord with those accounting records That the accounts do not comply with the accounting requirements of the Charities Act That there is further information needed for a proper understanding of the accounts to be reached.
SLOAN STREET LISBURN a Congregation of The Presbyterian Church in Ireland an INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF SLOAN STREET LISBURN CONGREGATION OF THE PRESBYtERIAN CHURCH IN IRELAND (cont'd) Independent examiner's statement We have completed our examination and have no concerns in respect of the matters11) to141 listed above and in connection with following the Directions of the Charity Commission for Northern Ireland; we have found no matters that require drawing to your attention. Mccleary & Company Ltd Chartered Accountants Garvey Studios 14 Longstone Street Lisburn Co. Antrim BT28 ITP Date: 8 December 2023 10
SLOAN STREET LISBURN a Congregation of The Presbyterian Church in Ireland an STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2022 Note Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Recei Donations and legacies Charitable activities Other trading activities Investment Income Other 162,318 3,237 31,330 53,388 193,648 56,625 318,471 20,826 14,355 14,355 14,,443 Sale of Investments Sale of fixed assets Loans Received Total Receipts 165,555 99,073 264,628 353,740 Pa ments Raisingfunds Charitable activities Investment costs Other 812 140,504 812 218,425 766 155,283 77,921 684 684 684 Purchase of Investments Purchase of fixed assets Loan Repayments Total Payments 141,316 78,605 219,921 156,733 Net receipts / (payments) Transfers between funds 24,239 (1,081) 20,468 1,081 44,707 197,007 Net movement in funds 23,158 21,549 44,707 . 197,007 Funds brought forward 225,485 204,647 430,132 233,125 Funds carried forward 12 248,643 226,196 474,839 430,132 11
SLOAN STREET LISBURN Congregation of The Presbyterian Church in Ireland Presbyter an STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2022 Unrestricted Funds Restricted Endowment Funds Funds Total Funds 2022 Total Funds 2021 Funds Reconciliation Bank and Cash at start of year Net movement in funds 225,485 23,158 204,647 21,549 430,132 44,707 233,125 197,007 Bank and Cash at end of year 248,643 226,196 474,839 430,132 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 75,352 150,844 75,352 399,487 75,247 354,885 248,643 474,839 430,125 Other Assets Fixed Assets- Note 10 Church Premises Fixtures, Fittings & Equipment Vehicle5 Investments- Note 11 Gift Aid receivable on donations 4,774,149 4,431,612 4,774,149 4,431,612 Liabilities Loans Approved by the Kirk Session at a meeting on 8 December 2023 and signed on its behalf by Signed Signed Paul Mccarroll Dr Brian Craig 12
SLOAN STREET LISBURN a Congregation of The Presbyterian Church in Ireland an SLOAN STREET LISBURN CONGREGATION OF THE pREsBER1AN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2022 ACCOUNTING POLICIES 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 and Reports Regulations (Northern Ireland) 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 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 (a) income from endowments which is to be expended only on the restricted purposes intended by the donor and Ib) revenue donations or grants for a specific congregational activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average balance basis. Unrestricted 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. DONATIONS AND LEGACIES Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 Recorded giving". Loose collections Donations and gifts Gift Aid Legacies and bequest 128,914 1,463 23,256 152,170 1,463 143,995 2,162 22,650 9,291 8,074 30,724 9,291 30,777 141,537 162,318 31,330 193,648 318,471 13
SLOAN STREET LISBURN a Congregation of The Presbyterian Church in Ireland an NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Income from charitable activities Organisation's Income 3,237 49,786 3,602 56,023 3,602 19,566 1,260 3,237 53,388 56,625 20,826 4. OTHER TRADING ACTIVITIES Unrestricted Funds Restricted Funds Endowment Fund5 Total 2022 Total 2021 Letting of premises Trading income INVESTMENT INCOME Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Deposit interest General Investment Fund Rents investment properties Other investment income 119 14,250 105 14,250 105 14,250 74 14,355 14,355 14,443 14
SLOAN STREET LISBURN a Congregation of The Presbyterian Church in Ireland an NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 OTHER INCOME Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Insurance claims Prior Year Bank Transfer RAISING FUNDS Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 FWO envelopes 812 812 766 812 812 766 CHARITABLE AcfiviTIES Unrestricted Funds Restricted Endowment Fund5 Funds Total 2022 Total 2021 General Assembly Assessments Presbytery fees Ministry and support Staff costs Congregational running expenses Donations to Mission5 and charities Organisation's Expenses Governance costs 21,081 935 75,985 41,303 21,081 935 75,985 53,499 62,284 20,836 719 65,383 43,457 22,506 12,196 62,284 3,441 3,441 1,200 1,212 1,170 1,200 140,504 77,921 218,425 155,283 15
SLOAN STREET LISBURN a Congregation of The Presbyterian Church in Ireland an NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 OTHER EXPENDITURE Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 Investment properties expenses 684 684 684 684 684 684 10. FIXED ASSETS The congregation owns the Church premises situated at 2C Young Street, Church Halls at 39-41 Young Street and a Manse located at 23 Clonevin Park, Lisburn and the associated fixtures, fittings, plant and machinery. These have an insurance value of £4,774,149 {£4,431,612 in 20211. 11. INVESTMENTS The congregation has the following investments. Amounts are shown at market valuation. 2022 2021 General Investment Fund Property Other investments 16
SLOAN STREET LISBURN a Congregation of The Presbyterian Church in Ireland an NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 12. FUND BALANCES Fund Balance at start Receipts Payment Surplus / Transfer (Deficit) Balance at end Unrestricted Funds General Fund 225,485 165,555 141,316 24,239 11,0811 248,643 225,485 165,555 141,316 24,239 {1,081) 248,643 Restricted Funds Property Fund Student Bursary Music Fund Organisations, Funds Mission Society Appeals Dorothy Martin Bequest Myrtle Patterson Bequest Brazil Trip 100,367 27,778 1,708 3,400 3,661 16,209 12,037 72 33 34,175 99,073 12,028 15,750 1,708 2,547 220 615 11,011) 72 33 534 20,468 116,117 1,708 10,630 8,669 11,110 2,610 48,007 27,345 8,083 8,799 10,495 1,656 47,935 27,312 853 3,441 15,594 13,048 {350) 1,965 33,641 78,605 15341 1,081 204,647 226,196 Endowment Funds Total 430,132 264,628 62,711 44,707 474,839 17