an
GARRYDUFF CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL AcllviTY (Receipts and Payments Account)
for the year ended 31 December 2023
Note Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Receipts
Donations and legacies
Charitable activities
Other trading artivities
Investment Income
Other
68,957
26,141
3.158
30
303
5.370
95,098
3,158
30
368
6,805
81,584
2,558
200
22
25,417
65
1,435
70,457
35,002
105,459
109,781
Sale of Investments
Sale of fixed assets
Loans Received
Total Receipts
70,457
35,002
105,459
109,781
Payments
Raising funds
Charitable artivities
630
55,884
81
66.307
711
122,191
636
132,577
Purchase of Investments
Loan Repayments
Total Payments
56,514
66,388
122,901
133,213
Net receipts / (payments)
Transfer5 between funds
13,943
12,723)
{31,386)
2,723
(17,443) (23,432)
Net movement in funds
Funds brought forward
11,220
34,004
(28,663)
685,888
(17,443) (23,432)
719,892
743,324
Funds carried forward
12
45,224
657,225
702,449
719,892
13

an
GARRYDUFF CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF ASSEfs AND UABIUTIES
As at 31 December 2023
Unrestricted
Funds
Restrirted Endowment
Funds
Funds
Total
Funds
2023
Total
Funds
2022
Funds Reconciliation
Bank and Cash at start of year
Net movement in funds
24,839
11,197
74,865
(787)
99,704
10,410
103,490
(3,786)
Bank and Cash at end of year
36,036
74,078
110.114
99,704
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
64,128
45,805
181
18,760
80,619
325
110,114
99,704
Other Assets
Fixed Assets- Note 9
Church Premises
Fixtures, Fittings & Equipment
Investments
Gift Aid receivable on donations
Prepaymeiil
Grants
574,312
6,501
600,229
7,084
11,756
533
12,090
352
1,275
593,102
621,030
Liabiltties
Independent Examination fee
Creditor
600
167
500
339
767
839
Approved by the Kirk Session on
2024 and signed on its behalf by
Mr Wilson Campbell
14

an
GARRYDUFF CONGREGATION OF THE PRESBYtERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
for the year ended 31 December 2023
ACCOUNTING POUCIES
BASIS OF FINANCIAL sfATEMEKrs
Asthe total income of the congregation is less than £250,OOOthe congregation have elected in accordance
with the provisions in The Charities (Accounts and Reports Regulations (Northem Ireland) 2015to 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 restritted 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 (b} 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 fund5 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.
FIXED A55Ef5
The charity has the rightto occupy and use for its charitable objects certain tangible fixed assets, including
the Church, hall and manse, vested in local Trustees. No consideration is payable for the use of these
assets. Expenditure incurred on the repair or maintenance of these assets is charged a5 resources
expended in the statement of financial activities in the period in which the liability arises.
All tangible fixed assets having a value to the charity greater than one year, other than those acquired for
specific purposes, are capitalised. Depreciation is provided on a straight-line basis to write off the cost or
initial value, less residual value, of tangible fixed assets over their estimated useful lives:
Freehold buildings
50 years
Fixtures, fittings and office equipment
10 years
Computer equipment
4 years
15

Presbyter
an
GARRYDUFF CONGREGATION OF THE PRESBYtERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {conYd)
for the year ended 31 December 2023
DONATIONS AND LEGACIES
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Recorded giving:
Freewill offering
Building Fund
United Appeal
Harvest
Easter
Moderatorfs Appeal
Earthquake Appeal
PW Service
Children's Day
Christmas Appeal
Students, Bursary
Loose collections
Donations and gifts
Gift Aid
Legacies and bequest
50.415
50,415
4,626
4,645
5,938
4,865
47,104
5,455
3,315
6,190
2,545
1,895
4,626
4,645
5,938
4,865
585
240
682
585
240
682
2,764
277
561
451
1,302
146
12,098
245
2,764
872
965
5,900
2,783
850
1,837
5,900
11,751
850
8,968
68,957
26,141
95,098
81,584
CHARITABLE ACTivrriES
Unre5trirted
Funds
Restricted Endowment
Funds
Funds
Total
Z023
Total
2022
Income from charitable activities
Graveyard fees
Membership fees
Organisations
Fundraising events:
Mission BBQ
Spring Tea
PW mission boxes & collections
600
100
478
600
loo
478
210
210
1,455
1,315
665
1,315
665
683
3,158
3,158
2,558
16

Presbyter
an
GARRYDUFF CONGREGATION OF THE PRE5BrfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (convd)
for the year ended 31 December 2023
4. OTHER TRADING AcnvrriES
Unrestrirted
Funds
Restrirted Endowment
Funds
Funds
Total
2023
Total
2022
Lettin8 of premises
30
30
200
30
30
200
INVESTMEKf INCOME
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Deposit interest
65
303
368
22
65
303
368
22
OTHER INCOME
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Other income:
Wayleave
Church magazines
PW Meal
Trips
Grant income
Insurance claim
Misc income
Convenors fees
Church repairs
364
364
600
2.162
2,600
315
600
2,162
2,600
1,256
1,525
21,448
25
456
615
456
615
1,435
5,370
6,805
25,417
17

Presbyter
an
GARRYDUFF CONGREGATION OF THE PRESB￿ERlAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (conydl
for the year ended 31 December 2023
RAISING FUNDS
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
FWO envelopes
Fundraising events
630
630
81
636
81
630
81
711
636
CHARITABLE AcrivrriES
Unrestricted Restricted Endowment
Funds
Funds
Funds
Total
2023
Total
2022
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Congregational running expenses:
Worship & outreach
Congregational lunches
Miscellaneous
Property
Utilities
Property upkeep
Graveyard maintenance
Manse repairs
Insurance
Depreciation
Donationsto Missions and charities
Governance costs
8,783
410
34.049
8,783
420
34,049
9,815
411
36,377
io
628
1,559
2.004
8,302
1,180
231
8,930
2,739
2,235
5,202
1,190
2,377
1.726
4.160
7,684
296
2,595
5.886
7,684
296
2,595
4,670
27,762
15,538
604
4,612
519
19,846
2,521
27,479
15,779
510
4,670
451
27,311
14,538
604
55,884
66,307
122,191
132,577
18

Presbyter
an
GARRYDUFF CONGREGATION OF THE PRESBrrERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (convd)
for the year ended 31 December 2023
FIXED ASSErs
The congregation owns the Church premises situated at 126 Garryduff Road, Ballymoney and the
a550ciated fixtures, fittin85, plant and machinery. These have an insurance value of £1,994,480 as valued
by Mr lan Maconachie on behalf of Oval James on Ilth July 2014.
The Church properties were revalued in December 2022 by R Davis & Company on behalf of Arthur J
Gallagher at a value of £3,766,008.
10. TRUSTEE REMUNERATION AND RELATED PARTY TRANSACTIONS
Mr Desmond Moore, who is a Trustee, received £31312022.. £220) for providing his serdices as supply
speaker during the year.
Mr Stanley Lee, who is a Trustee, received £Nil {2022: £75} for providing his services as supply speaker
during the year.
Rev Rodney Moody, who was a Trustee, received £20,566 {2022: £27.417) for providing his services as the
Minister for the Congregation during the year.
19

Presbyter
an
GARRYDUFF CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (conVd}
for the year ended 31 December 2023
11. FUND BALANCES
Fund
Balance
at start
Receipts Payment Surplus / Transfer
(Deficit)
Balance
at end
Unrestricted Funds
Freewill Offering
Hill Legaoi
Harvest
Christmas Appeal
26,253
7,751
60,301 (56,514)
65
6,876
3,215
3,787
65
6,876
3,215
7,368
37,408
7,816
(6,876)
13,215)
34,004
70,457 (56,514)
13,943
(2,723)
45,224
Restrirted Funds
Buildin8 Fund
Sunday School
pw
Senior Youth
United Appeal
Easter
Graveyard
Ministry
Outreach- Individuals
Bowling
Mother & Toddler
Outreach - organisations
Midweek
Choir
Kingdom Kids
Earthquake Appeal
Thursday Club
Coronation
Cheers
Cuppa and a chat
DAERA grant
Hoilday Bible Club
663,621
1,189
2,339
1.284
5.539 {41,151) {35,612)
1,400
{1.327)
73
5,302
(6,011)
(709)
121
{15)
106
{5,387)
57
(5,595)
76
{296}
304
{49)
(292)
(30)
(207)
628,009
1,467
2.020
1,390
57
126
304
11,344
1,183
2.017
888
5,566
415
205
390
50
5,671
600
93
11,3CM)
1,475
1,947
698
(292)
70
190
5,566
152
(10)
(103)
100
397
5,566
202
263
(50)
(io)
(103)
{638}
(1,527}
(238)
11,335) {1,035)
{1,046)
954
160
(375)
(764)
10
92
79
68
638
1,289
300
2,000
160
143
450
1,035
(63)
{160)
355
891
1.500
(375)
{944)
1,125
180
764
685,888
35,002 {66,388) {31,386}
2.723
657,225
Total
719,892
105,459 (122,902) (17,443)
702,449
20

Presbyter
an
GARRYDUFF CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {conVd)
for the year ended 31 December 2023
Purposes of Restrirted Funds
Building Fund - Buildin& upkeep and maintenance of Church property
Easter- Special collection that the Congregational Committee decides annually on the purpose
United Appeal- Collection held annually to fulfil the obligation from Church House
Ministry- Money left to the Minister of the Church to use
Sunday School- The provision of bible teachings to the young people of the congregation
PW-The running of the PW
Senior Youth -The running of the Senior Youth club
Bowling Club-The running of the bowling club
Mother & Toddler Group- The running of the Mother & Toddler Group
Junior Youth-The running of the Junior Youth Fellowship
Midweek-To support mission work
Holiday Bible Club-To support the outreach work to school children during the last week in June
Presbyterian Children's Society- Monies collected forthe PCI Children's fvnd
Outreach (Individuals)- Monies collected to help members of the congregation with the cost of going on
outreach teams
Outreach (Organisations) - Monies allocated to help organisations organise events with an outreach
element
Graveyard - The maintenance of the graveyard
Thursday Club-To support the work of the Thursday Club providing friendship for anyone who is free to
meet in the afternoon.
Earthquake Appeal- Collection held to help the work of Tearfund after an earthquake in Turkey and Syria.
Cuppa and a Chat-The running of the group
Men's Ministry- To provide fellowship to the both men from our congregation and the local community.
Coronation-To celebrate the Kin￿5 Coronation
Daera- A restricted fund to purchase capital items in line with the letter of offer
21