Edengrove Presbyterian Church a congregation of the
Presbyterian Church in Ireland
Trustees Annual Report and Flnancial Statements
for the year ended 31 December 2023
Reglstered wlth the Charlty Comm15slon for Northern Ireland NIC105309

TRUSTEES ANNUAL REPORT
The Trustees present their Annual Report and Financial Statements for the year ended 31
December 2023 including a Balance Sheet as at that date.
REFERENCE AND ADMINISTRATIVE DETAILS
Edengrove Presbyterian Church congregatlon of the Presbyterian Church In Ireland
15- 17 Dromore Road
Ballynahinch
Co. Down BT24 8HP
Reglstered Charity in Northern Ireland (NIC105309)
CHARITY TRusfEES
The Charity Trustees who served during the year or who were trustees at the date of this
report were
Scott Woodburn
Rlchard Currie
Jim Stokes
Bill Reid
Roy Peake
Maurlce Douglas
Winston Shaw
Quinton Crean
Kenny 81aney
Colin Patterson
Ronnie Long
Dave Mcconkev
John Coulter
Billy Mcconnell
PRINCIPAL OFFICE BEARERS
Minister
Clerk of Session
Treasurer
Scott Woodburn
Dave Mcconkey
Willlam Mcculla
INDEPENDENT EXAMINER
Carol Nelson
Nelson Accountancy Services
17 Barclay Manor
Dromara BT25 2HX

TRUSTEES ANNUAL REPORT {conVd)
BANKERS
Ulster Bank
la Main Street
Ballynahinch BT24 8AP
SOLICITORS
Murlands Solicitors
2 Dromore Street
Ballynahlnch
BT24 8AG

TRusfEES ANNUAL REPORT (convd)
STRUCTURE AND MANAGEMENT
The Klrk Sesslon
The charity trustees of the congregation are the members of its Kirk Sesslon. 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 ensure5 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 cornmunlty. The Kirk Session has delegated to its Congregational
Committee the temporal affairs of the congregation Including admlnisterlng all funds and
property belonglng to the con8regation. Members of the Kirk Session are ex-officio
members of the Congregational Committee.
The Kirk Session consists of the ordalned minlster and the ruling elders of the congregatlons.
All members are entitled to propose, speak and exercise equal votes at meetings, except
that the Moderator, the minlster in active duty in the con8re8ation, has no deliberative but
only a casting vote.
Stated meetings of the Kirk sesslon are held 10 times each year.
To be chosen for the office of the eldership in the congregatlon a person must be a votin8
member and a regular attendant on Its ordinances. The selectlon 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.
Presbytsry
Under the Presbyterlan Church in Ireland form of governance the corporate oversight of a
congregatlon is the responsibility of a Presbytery whlch superintends generally the spiritual
and temporal affairs of the congregations assigned to it by the General Assembly of the
Presbyterian Church In Ireland. Edengrove Presbyterian Church has been assigned to the
Down of the Presbyterlan Church in Ireland. The membership of the Presbytery consists
mainly of the active mlnisters of congregations assigned to It by the General Assembly,
minsters who have retired from active duty and an elder appolnted by the Kirk Session of
each congregation.
41page

TRUSTEES ANNUAL REPORT (cont'd)
The General Assembly
The General Assembly is the supreme court of the Church, representlng in one body the
whole Church and atting as its supreme leglslative, admlnistration and judicial authority, in
deallng with all matters brought before it. The General Assembly is normally constituted
during the first week In June for worship and to conduct its buslness. At the end of buslness
it Is dlssolved. The membership of the General Assembly consists mainly of the active
ministers of each congregatlon, retired mlnsters and a representative elder appointed by
the Kirk Session of each congregation.
DESCRIPTION AND PURPOSE
Edengrove Presbyterian Church is a congregation of the Presbyterlan Church In Ireland. The
Presbyterian Church in Ireland, as a Reformed Church wlthin the wlder body of Christ 15
grounded in the Scripture5 and exists to love and honour God through faith in His Son and
by the power of HIS Splrlt, and to enable her members to play their part In fulfilllng God's
mission to our world.
The congregation's mlsslon purpose Is-
Jesus sald "All authority In heaven and on earth has been glven to me. Go therefore and
make disciples of all nations baptisin8 them In the name of the Father and of the Son and of
the Holy Spirit, teachlng them to observe all that I have commanded you. And behold l am
wlth you always, to the end of the age". Matthew 28:18- 20.
By the grace of God, to help people of all ages become fully devoted followers of Je5US
Christ. Our vision is, by the grace of God and in obedience to Scripture, to be an inclusive,
welcoming community of Chrlsvs people of all ages, which:
Is increasingly characterlsed by love for God, and love and concern for others.
Is committed to the historlc Christian 80spel a5 revealed in the Blble;
is relevant to people of this time and place.
The congre8ation aims to live out its Mission and Vision as a family of God's people by
being:
A Covenant Community: where our relatlonships are rooted in the promises of God by
livlng faithfully toward him and toward one another
An Intergenerational Community: where adults intentionally tske the lead to engage
with, encourage and nurture younger members to maturity in Christ.
An Outward looking Communlty: 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.
51 Page

TRUSTEES ANNUAL REPORT (¢onVd)
As a congregation of the Presbyterian Church in Ireland, we believe that the Bible is 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
matters of Christlan faith and practice.
AcfiviTIES AND OBJEcfivES
The congregation meets for worship every Sunday and vlsitors are welcome to join. The
Sacrament of the Lords Supper is observed on several occasions during the year and all
those who have been baptised and who have made a profession of falth In the Lord
Jesus Christ are admitted to the Lord's Supper. The congregatlon holds regular bible
study meetlngs and has a wide range of organisations including:_
Sunday School
Girls Brigade
Basement - Youth Club
Holiday Bible Club
Bow15ng Club
Mid-week Fellowship
Edengrove Cares
ACHIEVEMENTS AND PERFORMANCE
Worshlp and prayer
The congregation normally meets for worship each Sunday mornlng at 11am and monthly at
6.00pm. Durlng the week the Bible Study provides an opportunity for members to meet
tO8ether for fellowshlp, to study the scrlptures and for a time of prayer.
As well as our regular services during the year we acknowledged God's 8ift of new life at
flve Sacraments of Baptlsm, we conducted one marriage service and gave thanks for faithful
ministry and sought to comfort those who had been bereaved during the year.
At 31st December 2023 there were 169 communicant members and 202 families connected
with the congregation.
The average week attendance at morning worship is 167.
Pastoral care
Members who are unable to attend church due to sickness or age are contacted on a regular
basis by the minister, elders or by one of the congregatlon's pastoral visitors.
61Page

TRUSTEES ANNUAL REPORT {conYd)
Mlsslon and outreach
At a local level the congregation works wlth neighboring churches to reach the lost in
8allynahinch. We actively support the work of the Edge and the Food 8ank.
The congregation supports the United Appeal for Mission which is a central fund of the
Presbyterian Church in Ireland. This fund enables congregations to 5LlPPOrt the wider
mission of the denomination and to do mission and outreach on denominational basis
beyond what the con8re8ation could do on its own. The Unlted Appeal Fund provldes
flnancial 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 premlses, assist with the running Costs of Unlon Theological College,
the Church's training college for minlstry students, and financially sUPPOrts congregation in
the areas of wor5hlp, dlsclpleshlp, global mission, outreach, leadershlp and pastoral care.
Presbytery
The congregation was represented at the ￿gUlar meetings of Presbytery by our minister
and another elder. Thls provides an Important Ilnk between the con8regations and the
wider structures of the church.
General Assemblv
The minister and another elder were nomlnated to attend the meetlng of the General
Assembly of the Presbyterian Church in Ireland held In Assembly Buildings, Belfast, In June.
Property
There were no major refurbishment or additions to the property durin8 the year whlch
consists of the church, halls and manse.
Or8anlsatlons
Sunday School - We provlde a creche and have classes up to rnld-teens.
Glrls Brlgade- The Glr15 Brigade rneets every Monday frorn September to Easter.
Basement- Thls is our Youth Club type organisatlon and meets every Friday evening.
Holiday Bible Club - Each June the congregation operates a bible club for the children of the
local community. We welcome over two hundred children each night.

TRUSTEES ANNUAL REPORT (cont'd)
Mid-week Fellowship - Meets on the first and third Wednesday of the month. Attendees
enjoy food and fellowship before engaging in the worship of God.
Bowling Club- The bowlers meet Thursday & Saturday evenings from 7.30pm
Edengrove Cares. Thls Is an organisation established to provlde practical support to
members of the congregation in times of need.
Volunteer5
The Trustees wlsh to acknowledge their deep appreciation of those who give freely of their
tlme by servlng on committees and helping with organlsations and other church activities.
PUBLIC BENEFIT STATEMENT
The Presbyterian Church In Ireland meets the public benefit requirement by providing
benefit to it5 members and the 8eneral public by makln8 known the Chrlstlan Gospel of the
Lord Jesus Chrlst through the advancement of religion.
The direct benefits whlch flow from the purposes of the Church Include the gaining of an
understanding in Chrlstlan bellefs as set out in the Bible and in the Church's subordinate
standards (the Westmlnster Confesslon of Faith and the Shorter and Larger Catechisms)
leading to splritual and moral development and opportunlt5es for response to Bible
teaching. In turn, this framework leads to practical expressions of Chrlstian bellefs and
standards In the local community such as through the care of those in need (including the
sick, disabled and bereavedl.
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 facllitated by central resources in almost all cases. Publlc access is made known through
the use of notlceboards, printed material, press advertisement, websites, and social medla
or In other ways.
The benefits are demonstrated through regular evaluation of the services and Informal and
ad-hoc feedback from members, thelr families, and members of the public.

TRUSTEES ANNUAL REPORT (cont'd)
The purpose does not lead to harm. The only prlvate benefit flowing from our purpose is
related to Ministers, Missionaries, Deaconesses, Irish Misslon workers and Lay Agents who
receive benefits as a result of thelr holding office or employment. However, this is incidental
and necessary in order to further our charitable purpose. There are no other private
benefits. The beneficiaries of this purpose are members, their families, other individuals
that the Presbyterian Church in Ireland is in dI￿rt and indirect contact with, the communitv
In whlch 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 Christlan and other secular organisatlons, charities and individual
members of the public,
The Klrk Sesslon has had regard to the Charity Commi55ions public beneflt requirement
statutory 8uidance.
91page

TRUSTEES ANNUAL REPORT {cont'd)
FINANCIAL REVIEW
Total income increased by 14% in 2023, but 8% of this increase was accounted for by an
anonymous donation towards Young Adults work.
The congregation's main source of income is members, contributlons through the Weekly
Freewill Offering. There were 192 contributors during the year1209, 2022] donating a total
of £193,739 {£163,917 in previous year, 2022).
Total Income of the congre8atlon durin8 the year w35 £238,561 compared to £209,834 in
the previous year.
Total expendlture Increased from £283,827 to £300,668. Depreciatlon of £85,411 was
charged during 2023 (£85,411 in 2022).
RESPONSIBILITIES IN RESPECT OF THE FINANCIAL STATEMENTS
The Trustees are responsible for preparlng the Annual Report and the financlal statements
in accordance with applicable law and Unlted Kingdom Generally Accepted Accounting
Practlce.
The Trustees are requlred to prepare financial statements for each financial year whlch 8lve
a true and fair vlew of the state of affairs of the con8re8ations and the financial activlties for
that year. In preparin8 the financial statements the Trustees are required to:
select suitable accountlng policies and then apply them consistently
make Judgement5 and estimates that are reasonable and prudent
prepare the financlal statements on the going concern basls unle55 it is inappropriate to
presume that the Funds will continue in operation.
The Trustees are responsible for keeping adequate accountin8 records that are sufficient to
show and explain the funds transactions and disclose with reasonable accuracy at any time
the financial positlon of the congre8ations and enable them to ensure that the financial
staternents comply with the Statement of Recommended Prattice "Accounting and
Reporting by Charltles11 January 2015)" They are also responsible for safeguarding the
assets of the congregation and hence for taking reasonable steps for the prevention and
detectlon of fraud and other irregularities.
IOIPage

EDENGROVE PRESBYERIAN CHURCH
THE PRESBYTERIAN CHURCH IN IRELAND
ANNUAL REPORT
For the year ended 31 December 2023
GOING CONCERN
The activities of the congregation are dependent on ongoing contributlon5 from its
members. The Trustees are of the opinion that the congregatlon has sufficient resources at
the date of approval of these financial statements to meet commitments whlch will arise in
the year from the date of slgnlng this report and subject to the continuing support from
members to fund on an ongoing basls the congregation's current activities and other
financlal commitments.
RESERVES POLICY
The Trustees have consldered the level of unrestrlcted reserves that it is appropriate to hold
takin8 account of current and ongoing commitments. It is the policy of the Trustees to hold
at least three month's normal expenditure. At the year-end unrestricted reserves were
£72,805 whlch represents a hlgher level of reserves. The Trustees however, consider it
prudent to hold reserves at thls level as the funding of Its present activities Is dependent of
the ongoing financial support of members.
RISK REVIEW
A review of major risks has been undertaken by the Trustees and systems and procedures
implemented to manage identified risks. The principal rfsks are In relation to the likelihood
of reputational damage and financial risks assoclated with the expectation of ongoing
fSnancial support from members. These risks are mitigated by the Trustees, and the
Congregational Committee, regularly monitoring the varlous activities of the con8re8atlon
at stated meetings and by encouraging members In their regular giving.
Approved by the Kirk Session at a meetin8 on
IlTrloYfnd
signed on its behalf by
Signed on behalf by
Scott Woodburn
ve Mcconkey
IIIPage

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF EDENGROVE CONGREGATION
OF THE PRESBYfERIAN CHURCH IN IRELAND
I report on the accounts of Edengrove Presbyterian Church for the year ended 31 December
2023, which are set out on pages 14 to 28.
Respectlve responsibflltle5 of tharity trustees and exarnlner
As the charitWs trustees you are responsible for the preparation of the accounts in
accordance wlth the Charitles Act (Northern Ireland) 2008.
It Is my responsibility to:
examine the accounts under section 65 of the Charities Act
follow the procedures laid down in the general Directlons given by the Commission under
Section 65(9){b) of the Charitles Act
• state whether partlcular matters have come to my attentlon.
Basis of Independent examlnees report
I have examined your charity accounts as requlred under section 65 of the Charltles Act and
my examinatlon was carrled out in accordance with the general Dlrectlons given by the
Charity Commisslon for Northern Ireland under section 65191(b) of the Charities Act. My
examlnation included a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also Included conslderation of
any unusual Items or dlsclosures in the accounts, and seeking explanations from you as
charlty trustees concerning any such matters. My role is to state whether any material
matters have come to rny attention glving me cause to believe:
l. That accounting records were not kept In accordance with section 63 of the Charities Act
2. That the accounts do not accord wlth those accountlng records
3. That the accounts do not comply with the accounting requirements of the Charities Act
4. That there Is further inforrnatlon needed for a proper understanding of the accounts to
be reached.
121page

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF EDENGROVE CONGREGATION
OF THE PRESBYTERIAN CHURCH IN IRELAND (conyd)
Independent examlnerfs statement
I have completed my examinatlon and have no concerns in respect of the matter5 (1) to {4)
listed above and, in connection with following the Directions of the Charity Commission for
Northern Ireland, I have found no matters that require drawin8 to your attention.
Name:
Relevant profe55lonal qualification or body:
Address:
2£
Date:
IS
131page

STATEMENT OF FINANCIAL ACTIVITY
for the year ended 31 December 2023
Income and Endowments from:
Donations and legacles
Charitable activities
Other tradlng activitles
Investments
128,915
93,267
3,610
12,198
571
222,182
3,610
12,198
571
195,764
4.888
8,589
593
Total
128,915
109.646
238,561
209,834
Expendlture on:
Raising funds
Charltable activlties
931
931
299,737
931
282,896
123,084
176,653
Total
124,015
176,653
3¢JJ,668
283,827
Net 8ains/(losses) on Investments
2.431
2,431
{2,405)
Net Income l (expendlture)
Transfers between funds
Gains/(losses on revaluation of
flxed assets
4,900
{64,576)
159,6761 (76.398)
Net movement Sn funds
Reconciliation of funds:
Total funds brought forward
4,900
164,576)
159,676) (76,398)
67.905 3.625.390
0 3693,295 3,769,693
Total funds carrled forward
72,805 3,560.814
3633,619 3,693,295
141Page

BALANCE SHEET
As at 31 Decernber 2023
Fixed assets:
Tangible assets
Investments
10
0 3,396,709
0 3,396,709 3,482,120
11
29.293
29,293
26,862
Total flxed assets
3426,002
3426,002 3508,982
Current asset5
Debtors
13
19,263
11,520
30,783
26,375
Cash at bank and In hand
14
54,042
125,527
179,569
160,340
Total current assets
73,305
137,047
210,352 186,715
Liablllties:
Credltors: Amounts falling due
wlthln one year
15
2.235
2.73S
2.402
Net current assets
72,805
134,812
207,617
184,313
Total assets less current Ilabllities
72,805 3560,814
3633,619 3693,295
Total net assets
72,805 3560,814
3633,619 3693,295
151page

BALANCE SHEET
As at 31 December 2023
Funds of the charlty
Restrlcted income funds
16
3560,814
3560.814 3.625.390
Unrestricted funds
16
72,805
72,805
67,905
Total charlty funds
72,805
3560.814
3633,619 3693,295
Approved by the Klrk Session at a meeting on
and slgned on its behalf by
Scott Woodburn
Dave Mcconkey
Dated I I
161p,Ige

NOTESTOTHE ACCOUNTS
31 December 2023
ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
The financial statements have been prepared in accordance with Accountlng and Reportlng
by Charltles: Statement of Recommended Practlce applicable to charities preparlng their
accounts in accordance with Financial Reporting Standard applicable in the UK and Ireland
(FRS102) (effective l January 2015).
The financial statements have been prepared under the historical cost convention except
for investment assets, which are shown at market value. The flnancial statements include all
transactlons, assets and liabilities for which the congregation Is responsible in law. They do
not include the accounts of church groups that owe their afflllatlon to another body, nor
those that are Informal gatherings of church members.
FUND ACCOUNTING
Endowment funds are funds, the capltal of which must be retained either permanently or at
the congregation's discretlon. the income derived from the endowment is to be used elther
as restricted or unrestricted Income funds depending upon the purpose for which the
endowment was e5tabllshed in the first place.
Restricted funds comprise (a) Income from endowments which is to be expended only on
the restrlcted 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
avera8e balance bas15.
Unrestricted funds are Income funds whlch are to be spent on the congregation's general
purposes. Desi8nated funds are general funds set aslde by the congregation for use In the
future.
171page

NOTES TO THE ACCOUNTS
31 December 2023
ACCOUNTING POUCIES (convd)
INCOMING RESOURCES
(l) Recognltlon of Incomlng resources
These are included In the Statement of Financial Activlties (SOFA) when:
the congregation becomes entitled to the resources;
the trustees are vlrtually certain they will recelve the resources; and
the monetary value can be measured with sufficient rellably.
111) Incomln8 resources wlth related expendlture
Where Incoming resources have related expendlture {as with fundraisin8 income) the
Incomln8 resources and related expenditure are reported gross in the SOFA.
(111) Grants and donations
Grants and donatlons are only Included In the SOFA when the congregation has
unconditional entitlement to the resources.
(Iv) Tax reclalm5 on donatlons and glfts
Incoming resources from tax reclalms are included in the SOFA at the same tlme as the gift
to which they relate.
(v) Contractual Income and performance related 8rants
This is only included in the SOFA once the related goods or services have been delivered.
(vl) Volunteer help
The value of any voluntary help received is not included in the accounts but is described in
the trustees, annual report.
(vll) Investment Income
This is included in the accounts when recelvable.
(vlll) Investment gains and10sses
Thi5 includes any galn or loss on the sale of investments and any gain or loss resulting from
revaluing investments to market value at the end of the year.
181page

NOTES TO THE ACCOUNTS
31 December 2023
ACCOUNTING POLICIES (convdl
EXPENDITURE AND LIABILITIES
Llablllty recognltlon
Llablllties are recognised as soon as there is a legal or constructlve obSigation commltting
the congre8atlon to pay out resources.
(x) Governance costs
These are shown within charitable activities and Include the costs of preparation and
examlnatlon of accounts, the costs of trustee meetlngs and cost of any legal advice to
trustees on governance or constitutlonal matters.
(xl) Tan8lble Flxed Assets
Tanglble flxed assets for use by charity are capitallsed If they can be used for more than one
year, and cost at least £5,000. They are valued at cost or, if glfted, at the value to the charitv
on receipt.
Depreclatlon Is recorded on all tangible fixed assets other than freehold land, at rates
calculated to wrlte of the cost, less estlmated resldual value, of each asset over its expected
useful Ilfe as follows
Bulldlngs:
Fixtures, flttlngs and equipment
Motor Vehicles
Computers, software and technical equipment
- over 50 years
over 10 years
over 4 years
over 4 years
191pa£e

NOTES TO THE ACCOUNTS
31 December 2023
ACCOUNTING POLiaES (convd)
DONATIONS AND LEGACIES
Recorded glving:
Donations and gift5
Gift Aid
Legacie5 and bequest
110,788 82,951
18,127 10.316
0 193,739 163,202
0 28,443 26,472
6,090
128,915
93.267
0 222,182 195,764
CHARITABLE ACTIVITIES
Membership fee5
Fundralslng events
Grants
560
1,060
1,990
560
1,060
1,990
470
996
3,422
3,610
3,610
4,888
20IPaEe

NOTES TO THE ACCOUNTS
31 December 2023
OTHER TRADING AcfiviTIES
Letting of premlses
12,198
0 12,198
8,589
0 12,198
0 12,198
8,589
INVESTMENTS
General Investment Fund
571
571
593
571
571
593
RAISING FUNDS
1111 _1 21
FWO envelopes
931
931
931
931
931
931
211Page

NOTES TO THE Accoumrs
31 December 2023
CHARITABLE ACTIVITIES
General Assembly Assessments
Presbytery fees
Mlnlstry and support staff costs
Congregational running
expenses
Donations to Missions and
charltles
Governance costs
10,711
888
95,7S2
14,112 132,198
10,711 10,242
888
789
0 95,752 89,494
0 133,803 134,684
44,455
0 44,455 47,086
1,621
1,621
601
123,084 176,653
0 287,230 282,896
EMPLOYEES
Employment Costs
Wages and Salaries
Soclal Security Costs
Pension contributions
80,502 74,881
4,938
4,830
10,312
9,783
95,752 89,494
221Page

NOTESTO THE ACCOUNTS
31 December 2023
The average number of employees, including the mlnister of the congregation, during the
year was
Average number of employees
There were no employees in receipt of employee benefits in excess of £60,000.
PENSION COSTS
The minister of the congregatlon Is a member of the Presbyterian Church in Ireland Pension
Scheme (2009). This is a scheme operated by the preSb￿erlan Church in Ireland, a separate
registered charity. The congregation pays an assessment to the Pre5b￿erlan Church in
Ireland equlvalent to the employerfs penslon contrlbution for the Scheme and based on the
stipend paid to the minlster. The Presbyterian Church in Ireland Pension Scheme {2009) is a
funded Scheme of the defined benefit type. providing defined benefits based on career
avera8e revalued salary. The Scheme has assets held in a separately administered fund
managed by a board of trustees. The Presbyterian Church and the Scheme Trustees have
agreed a fundlng plan to ensure the Scheme Is sufficiently funded to meet current and
future obligations. A formal schedule of contrlbutlons was drawn up on 25 November 2015
whereby the Presbyterian Church agreed to pay from 31 December 2015 contributions of
24% of pensionable salaries to cover the accrual of benefits for future servlce, expenses, the
cost of Insurlng death in service beneflts and funding the scheme deficit.
The contributions made by the congregation durln8 the year were
Contrlbutions
9,043
8,613
231Pa8e

NOTES TO THE ACCOUNTS
310ecember 2023
The congregatlon operates a defined penslon contribution policy for Its employees. The
scheme and its assets are held by an independent scheme manager. The penslon charge
represents the contributions due from the congregation durlng the year
2023
2022
Contributions
1,269
1,170
10. TANGIBLE FIXED ASSETS
Cost or valuatlon
At start of year
Additions
DIsposa15
3924242 69,329 30,000 4023571
At end of year
3924,242 69,329 30,000 4023571
Depreclatlon
At start of year
Provlslon for year
Disposals
470910 40,541 30,000 541,451
78,485
6,926
0 85,411
At end of year
549,395 47,467 30,000 626,862
Net Book Value
At start of year
3374,847 21,862
0 3396,709
At end of year
3453.332 28,788
0 3482,120
241page

NOTES TO THE ACCOUNTS
31 December 2023
11. INVESTMENTS
2023
2022
General Investment Fund
29.293 26,862
29,293 26,862
12. INVESTMENTS (Cont'd)
2023
2022
Value at start of year
Addltlons
Disposals
Impairment
Gains / (Losses on revaluation)
26,862 29,267
2,431 (2,405)
Value at end of year
29,293 26,862
13.
DEBTORS
2023
2022
Glft Aid Recoverable
Prepayments
28,486 26,376
2,297
30,783 26,376
251page

NOTES TO THE ACCOUNTS
31 December 2023
14. CASH AT BANK AND IN HAND
2023
2022
Bank current accounts
179,569 160,340
179,569 160,340
15. CREDITORS: amount falllng due wlthln one year
2023
2022
Accruals
2,735
2,402
2,735
2,402
261page

NOTES TO THE ACCOUNTS
31 Decernber 2023
16. FUND BALANCES AND RECONCILIATION OF FUNDS
Fund
Balance
at stsrt
Income
Expend. Gains/
Losses
Transfer Balance
at end
Unrestrlrted Funds
General Account
67,905 128,915 124,015
72,805
67,905 128,915 124,105
72,805
Restrlcted Funds
General Account
Property Account
Graveyard Account
Mission Fund
Eden Grou
EWF
Caterin
Group
Frlend5hip Group
GB
Bowling Club
Edengrove Cares
General Investment Fund
20,000
1,394
35,870 124,785
424
137
44,966 44,568
18,606
0 3448,243
37,799
6,956
1,663
234
3537,158
37,512
6.558
1,663
214
69
200
9,088
4,661
1,405
26,862
320
300
69
200
3,033
1,427
740
4,184
2,052
1,830
10,239
5,286
2,495
29,293
2,431
3625,390 109,646 176,653
2,431
0 3560,814
271Page

NOTES TO THE ACCOUNTS
31 December 2023
17.
RELATED PARTY TRANSACTION
One of the Trustees, the minister of the congregation recelved remuneration of £38,180 and
expenses of £7,852 for acting in that capacity. Pension contrlbutions of £9,043 were paid by
the congregation in respect of the minister to the Presbyterian Church In Ireland Penslon
Scheme (2009). Another of the trustees is employed as a youth worker by the church. The
youth worker received remuneration of £31,282 for actlng in the capacity. Pension
contributions of £938 were pald by the congregation. None of the other trustees received
any remuneration, but 3 trustees claimed expenses of £815 during the year in connectlon
with their duties.
During the year the congregation contrlbuted the followlng amounts to Funds of the
General Assembly of the Presbyterian Church in Ireland a separate charitv
£10,711 for congregatlonal assessment5
£9,420 towards the Unlted Appeal
£1,000 towards Overseas Missions
The congregatlon contributed £888 towards Presbytery Assessments durlng the year.
There were no other related party transactions.
281Page