| Date: //e,c;tj | Address: _c. Lvziis |
Relevant professional qualification or body: ,L_- CC-’9 |
Name: | Northern Ireland, I havefound no mattersthat require drawingto yourattention. | I have completed my examination and have no concerns in respect ofthe matters (1) to (4) listed above and, in connection with following the Directions ofthe Charity Commission for |
Independent examiner’sstatement | THE PRESBYTERIAN CHURCH IN IRELAND (cont’d) | INDEPENDENT EXAMINERS REPORTTO THE TRUSTEES OF EDENGROVE CONGREGATION OF |
|---|---|---|---|---|---|---|---|---|
| V) | C | C | — 00 f— rJ |
— 00 f— rJ |
— 00 f— rJ |
£ | 196,098 | 1,141 | 3,745 | 571 | 201,555 | 883 | 279,415 | 280,298 | 3,337 | (75,406) | 0 | 0 | (75,406) | 3,845,099 | 3,769,693 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| C | — r..i |
00 — r’.J |
£ | 195,764 | 4,888 | 8,589 | 593 | 209,834 | 931 | 282,896 | 283,827 | ( 2,405) | (76,398) | 0 | 0 | (76,398) | 3769,693 | 3693,295 | ||||||||||||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
| C | (1) | C- | 0 D D C |
C | w u | £ | ||||||||||||||||||||||||
| -D | 4-, | C | £ | 75,381 | 4,888 | 8,589 | 593 | 89,451 | 0 | 166,777 | 166,777 | (2,405) | (79,731) | (922) | 0 | (80,653) | 3,706,043 | 3,625,390 | ||||||||||||
| a) | a) ‘- C C |
D u | £ | 120,383 | 0 | 0 | 0 | 120,383 | 931 | 116,119 | 117,050 | 0 | 3,333 | 922 | 0 | 4,255 | 63,650 | 67,905 | ||||||||||||
| G) | Z | 2 | 3 | 4 | 5 | 6 | 7 | |||||||||||||||||||||||
| Incomeand Endowments from: | Donations and legacies | Charitable activities | Othertrading activities | Investments | Total | Expenditure on: | Raisingfunds | Charitable activities | Total | Netgains/(losses) on investments | Net IncomeI (expenditure) | Transfers between funds | Gains/(losses on revaluation of |
fixed assets | Net movement in funds | Reconciliation offunds: | Total funds brought forward | Total funds carriedforward |
| Dated | ScottWoodburn | Approved bythe KirkSession at a meetingon i | Totalcharityfunds 67,905 |
Unrestrictedfunds 16 67,905 |
Restricted incomefunds 16 0 |
Fundsofthecharity | £ | Z D u |
Cu Cu - .‘-‘ ‘- C 0 C |
-D Cl) 4-’ I |
Asat31 December2022 | BALANCE SHEET | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dated | Roy Peake | and signed on its behalfby | 3625,390 0 3693,295 3769,693 |
0 0 67,905 63,650 |
3625,390 0 3625,390 3,706,043 |
£ £ £ £ |
u. w u )— r4 I- N |
. .Z - 0 -D — r.4 — ‘-I v C D C r’J C 00 00 |
Li. Li. |
4-’ C I.,.) D 0) 0) C C |
| 1. ACCOUNTING POLICIES (cont’d) |
INCOMING RESOURCES | (i) Recognition ofincomingresources |
These are included inthe Statement of Financial Activities (SoFA) when: | • the congregation becomes entitledtothe resources; | • thetrustees are virtuallycertain theywill receive the resources; and | • the monetaryvalue can be measured with sufficient reliably. | (ii) Incoming resourceswith related expenditure |
Where incoming resources have related expenditure (as with fundraising income) the | incoming resources and related expenditure are reported gross in the SoFA. | (iii) Grants and donations |
Grants and donationsare only included inthe SoFAwhen thecongregation has unconditional | entitlementto the resources. | (iv) Tax reclaims on donations and gifts |
Incoming resourcesfrom tax reclaims are included inthe SoFA atthe same time asthe giftto | which they relate. | (v) Contractual income and performance related grants | This is only included in the SoFA oncethe related goods or services have been delivered. | (vi) Volunteer help | The value of any voluntary help received is not included in the accounts but is described in | the trustees’ annual report. | (vii) Investmentincome | This is included in the accounts when receivable. | (viii) Investmentgains and losses | This includes any gain or loss on the sale of investments and any gain or loss resulting from | revaluing investmentsto market value atthe end ofthe year. | 18 I P a g e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Computers, software and technical equipment - over4 years |
MotorVehicles - over4 years |
Fixtures, fittings and equipment - over 10years |
Buildings; - over 50 years |
useful life as follows | calculated to write ofthe cost, less estimated residual value, ofeach asset over its expected | Depreciation is recorded on all tangible fixed assets other than freehold land, at rates | on receipt. | year, and cost at least £5,000. They are valued at cost or, ifgifted, atthe value tothe charity | Tangible fixed assets for use by charity are capitalised ifthey can be used for more than one | (xi) Tangible FixedAssets |
on governance or constitutional matters. | examination ofaccounts,thecostsoftrustee meetingsand costofanylegal advicetotrustees | These are shown within charitable activities and include the costs of preparation and | (x) Governance costs |
congregation to pay out resources. | Liabilities are recognised as soon asthere is a legal or constructive obligation committingthe | (ix) Liability recognition |
EXPENDITURE AND LIABILITIES | ACCOUNTING POLICIES (cont’d) | 31 December 2022 | NOTES TO THE ACCOUNTS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| V | C | D | —v-I | r’i | r’i | 00 j— r’j |
00 j— r’j |
00 j— r’j |
£ | 169,539 | 26,559 | 0 | 196,098 | C | D | 00 H rJ |
00 H rJ |
00 H rJ |
£ | 346 | 0 | 795 | 1,141 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| V) | C | D | LJ | 4c’j | 00 — r’j |
£ | 163,202 | 26,472 | 6,090 | 195,764 | C | 0 | H | £ | 470 | 996 | 3,422 | 4,888 | |||||||||||||||||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||
| . | t | 0D | D C |
CD | w u.. |
£ | a) | C | V’) | 0 0 |
D C |
CD | Ui U- |
£ | |||||||||||||||||||||
| £ | 60,505 | 10,286 | 4,590 | 75,381 | a) | . V) |
Lf C |
a) L1 |
£ | 470 | 996 | 3,422 | 4,888 | ||||||||||||||||||||||
| - | Q | I- | CD | D u | £ | 102,697 | 16,186 | 1,500 | 120,383 | - | 4-’ Q |
V) a) C |
CD | £ | 0 | 0 | 0 | 0 | |||||||||||||||||
| NOTESTOTHE ACCOUNTS | 31 December 2022 | ACCOUNTING POLICIES (cont’d) | 2. DONATIONS AND LEGACIES |
Recorded giving: | Donations and gifts | Gift Aid | Legacies and bequest | 3. CHARITABLE ACTIVITIES |
Membership fees | Fundraising events | Grants |
| C | LL | —-l | 00 | 00 | I— r4 |
I— r4 |
£ | 12,274 | 602 | 87,286 | 146,886 | 31,719 | 648 | 279,415 | C | D | 4-’c-.J | 00 | £ | 73,233 | 4,486 | 9,567 | 87,286 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| V) | C | I.1 | —rsJ | 00 | )- (‘4 |
£ | 10,242 | 789 | 89,494 | 134,684 | 47,086 | 601 | 282,896 | cr0 | C | D | LLcN | 00 | £ | 74,881 | 4,830 | 9,783 | 89,494 | ||||||||||||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||
| W | C | OD | 0 C |
CD | W U |
£ | |||||||||||||||||||||||||||||
| - | 4-’ | . , |
C | W D |
U | £ | 0 | 0 | 0 | 119,691 | 47,086 | 0 | 166,777 | ||||||||||||||||||||||
| - | ‘, | C | CD | D L |
£ | 10,242 | 789 | 89,494 | 14,993 | 0 | 601 | 116,119 | |||||||||||||||||||||||
| NOTESTO THE ACCOUNTS | 31 December 2022 | 7. CHARITABLE ACTIVITIES |
General AssemblyAssessments | Presbyteryfees | Ministry and support staffcosts | Congregational running | expenses | Donationsto Missions and | charities | Governance costs | 8. EMPLOYEES |
Employment Costs | Wages and Salaries | Social Security Costs | Pension contributions |
| Contributions 8,613 8,423 |
£ £ |
I-r.J | - 00 00 |
IJ_ | D | C C |
-D | V., | The contributions made bythe congregation duringthe yearwere | insuring death in service benefits and fundingthe scheme deficit. | pensionable salariesto coverthe accrual of benefits forfuture service, expenses, the cost of | Presbyterian Church agreed to pay from 31 December 2015 contributions of 24% of | formal schedule of contributions was drawn up on 25 November 2015 whereby the | plan to ensure the Scheme is sufficiently funded to meet current and future obligations. A | board oftrustees. The Presbyterian Church and the Scheme Trustees have agreed a funding | revalued salary. The Scheme has assets held in a separately administered fund managed by a | Scheme of the defined benefit type, providing defined benefits based on career average | paid to the minister. The Presbyterian Church in Ireland Pension Scheme (2009) is a funded | equivalentto the employer’s pension contribution forthe Scheme and based on the stipend | registeredcharity. Thecongregation pays an assessmenttothe Presbyterian Church in Ireland | Scheme (2009). This is a scheme operated bythe Presbyterian Church in Ireland, a separate | The minister ofthe congregation is a member ofthe Presbyterian Church in Ireland Pension | 9. PENSION COSTS |
Therewere no employees in receipt ofemployee benefits in excess of£60,000. | Average numberofemployees 3 3 |
j-r-.J | 00 00 |
r’4 -l |
LJ | D | C C |
V., | year was | The average number of employees, including the minister ofthe congregation, during the | 31 December2022 | NOTES TO THE ACCOUNTS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NOTES TO THE ACCOUNTS | 31 December 2022 | The congregation operates a defined pension contribution policy for its employees. The | scheme and its assets are held by an independent scheme manager. The pension charge | representsthe contributions due from the congregation duringthe year | 2022 2021 |
€ | Contributions 1,170 1,144 |
10. TANGIBLE FIXED ASSETS |
C | Co | fJ) | oL9 2 - |
C . - |
0 | > | £ £ £ £ |
Cost orvaluation | At startofyear 3924242 69,329 30,000 4023571 |
Additions 0 0 0 0 |
Disposals 0 0 0 0 |
At end ofyear 3924,242 69,329 30,000 4023571 |
Depreciation | At startofyear 392425 33,615 30,000 456,040 |
Provision for year 78,485 6,926 0 85,411 |
Disposals 0 0 0 0 |
At end ofyear 470,910 40,541 30,000 541,451 |
Net BookValue | At start ofyear 3531,817 35,714 0 3567,531 |
Atendofyear 3453,332 28,788 0 3482,120 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | £ | 151,177 | 151,177 | 2021 | £ | 4,626 | 4,626 | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | £ | 160,340 | 160,340 | 2022 | £ | 2,402 | 2,402 | ||||
| NOTESTOTHE ACCOUNTS | 31 December 2022 | 14. CASH AT BANK AND IN HAND |
Bank current accounts | 15. CREDITORS: amount falling duewithin one year |
Accruals |
| 3706,043 89,351 166,677 |
General Investment Fund 29,267 |
Edengrove Cares 1,277 1,176 1,048 |
Bowling Club 4,328 1,019 686 |
GB 8,636 1,615 1,163 |
Friendship Group 200 0 0 |
Catering Group 69 0 0 |
EWF 214 160 160 |
Wee Dotes 926 0 4 |
Eden Group 1,663 0 0 |
Mission Fund 5,097 48,719 47,258 |
Graveyard Account 39,942 2,500 4,930 |
PropertyAccount 3614,424 34,162 111,428 |
Restricted Funds | 63,650 120,383 117,050 |
General Account 63,650 120,383 117,050 |
Unrestricted Funds | £ £ £ |
at start | Fund Balance Income Expend. |
16. FUND BALANCES AND RECONCILIATION OF FUNDS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (2,405) | (2,405) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | £ | Losses | Gains! | |||||||
| (922) | 0 | 0 | 0 | 0 | (922) | 0 | 0 | 0 | 0 | 922 | 922 | £ | Transfer | |||||||
| 3625,390 | 26,862 | 1,405 | 4,661 | 9,088 | 200 | 69 | 214 | 0 | 1,663 | 6,558 | 37,512 | 3537,158 | 67,905 | 67,905 | £ | at end | Balance |
| 17. RELATED PARTYTRANSACTION |
One ofthe Trustees,the ministerofthe congregation received remuneration of£35,886 and | expenses of£7,397 for acting in that capacity. Pension contributions of £8,613 were paid by | the congregation in respect of the minister to the Presbyterian Church in Ireland Pension | Scheme (2009). Another ofthe trustees is employed as a youth worker by the church. The | youth worker received remuneration of £29,792 for acting in the capacity. Pension |
contributionsof£894were paid bythecongregation. Noneoftheothertrustees received any | remuneration, but 2 trustees claimed expenses of £456 during the year in connection with | theirduties. | Duringthe yearthe congregation contributed the following amountsto Funds ofthe General | Assembly ofthe Presbyterian Church in Ireland a separate charity | £10,242 for congregational assessments | £9,083 towardsthe United Appeal | £1,500towards Overseas Missions | £500towards Irish Missions | The congregation contributed £789towards Presbytery Assessments duringthe year. | Therewere no other related partytransactions. |
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