Presbyter
an
BALLYLO
HAN CONGREGATION OF T
IAN CHURCH IN IRELAND
srATEMENT OF FINANCIAL ACTIVITY
FOR YEAR ENDED 31 DECEMBER 2022
UNREsfRIcfED
FUNDS
RESTRICTED
FUNDS
TOTAL
2022
TOTAL
2021
Income and endowments from
Donations and legacies
Charitable activities
151,555
7,092
150,816
6,140
302,371
13,232
282,366
4,729
Toial
158,647
156,956
315,603
287,095
Expenditure on:
Raising funds
Charitable activities
513
172,309
514
51,285
1,027
223,594
1,365
L88,259
Total
L72,822
51,799
224,621
189,624
Net incomel(expenditure)
Transfers between funds
Net movement in funds
(14, 175)
4,171
(10,004)
105,157
(4,171)
100,986
90,982
97,471
90,982
97,47L
Reconciliation of funds:
Total funds brought forward
344,345
355,908
700,253
602,782
Total fund5 carried forward
334,341
456,894
791,235
700,253

Presbyter
an
LLYLOUGHAN C
NGRE
N OF THE PRESBYfERIAN CHURCH IN IRELAND
BALANCE SHEET
AS AT 31 DECEMBER 2022
NOTES UNREsfRIcfED
FUNDS
REsfRIcfED
FUNDS
TOTAL
FUNDS
2022
TOTAL
FUNDS
2021
FIXED ASSETS
TangibSe assets
Total fixed assets
252,517
252,517
252,517
252,517
259,390
259,390
CURRENT ASSETS
Debtors
Cash at bank and in hand
Total current assets
25,282
62,340
87,622
23,296
433,598
456,894
48,578
495,938
544,516
44,127
402,007
446,134
io
LIABILThIES
Creditors: amounts falling
due within one year
li
5,798
5,798
5,271
Net current assets
81,824
456,894
538,718
440,863
Total net assets
334,341
456,894
791,235
700,253
FUNDS OF THE CHARITY
Unrestricted funds
Restricied funds
12
12
334,341
334,341
456,894
344,345
355,908
456,894
Total charity funds
334,341
456,894
791,235
700,253
Approved by the Kirk Session at a meeting on 20th March 2023 and signed on its behalf by
Mr Thomas McNeill
(Clerk of Session)
Mr Colin
(Treasurer)
rr
Dated . 20th March 2023
Dated . 20th March 2023
io

Presbyter
an
BALLYLOUGHAN CONGRE
ATION OF THE PRESBrfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 DECEMBER 2022
ACCOUNTING POLICIES
Basis of financial statements
The financial statements have been prepared in accordance with Accounting and
Reporting by Charities:Statements of Recommended Practice applicable to charities
preparing 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 financial
statements include all trdnsactions, assets and liabilities for which the congregation is
responsible in law. They do not include the accounts of church groups that owe their
affiliation to another body, nor those that are informal gathering5 of church members.
Fund accounting
Restricted funds comprise revenue donations or grants for a specific congregational
activity intended by the donor. Where these funds have unspent balance, interest
on their pooled investment is apportioned to the individual funds on an average basi5.
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.
Income resources
Reco
nition of incomin
These are included in the Statement of Financial Activities (SOFA) when:
the congregation become5 entitled to the resource5;
the trustees are virtually certain they will re￿1ve the resources; and
the monetary value can be measured with sufficient reliably.
(i)
resources
(li)
Incomin
resources with related ex
enditure
Where incoming resources have related expenditure (as with fundraising income) the
incoming resources and related expenditure are reported gross in the SOFA.
Grants and donations
Grants and donations are only included in the SOFA when the congregation has
unconditional entitlement to the resources.
(iv)
Tax reclaims on donations and
Incoming resources from tax reclaims are included in the SOFA at the same time as
the gift to which they relate.
li

BALLYLOUGHAN CONGRE
ATtON OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 DECEMBER 2022
ACCOUNTING POLICIES - CONT'D
(v)
Contractual income and erfomiance related
This is only included in the SOFA once the related goods or se￿iceS have been
delivered.
ran
(vi)
Volunte
el
The value of any voluntary help received is not included in the accounts but is
described in the trustees, annual report.
Expenditure and liabilties
(vii)
Liabili
nition
Liabilities are recognised as soon as there is a legal or constructive obligation
committing the congregation to pay out resources.
reco
(viii) Governance costs
These are shown within charitable attivitie5 and include the costs of preparation and
examination of accounts, the costs of trustee meetings and cost of any legal advice
to trustees on governance or constitutional matters.
(ix)
nts with erformance conditions
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SOFA once the
recipient of the grant has provided the specified service or output.
(x)
Grants
able without erformance conditions
These are only recognised in the accounts when a commitment has been made and
there are no conditions to be met relating to the grant which remain in the control of
the charity.
(xi)
Tan
ible fixed a55ets
Tangible fixed assets for use by charity are capitalised if they can be used for more
than one year, and cost at least £500. They are valued at cost or, if gifted, at the
value to the charity on receipt.
Depreciation is recorded on all tangible fixed assets other than freehold land, at
rates calculated to write off the cost, le55 estimated residual value, of each a55et
over its experted useful life as follows:
Buildings
Fixtures, fittings and equipment
Computers, software and technical equipment
12
over 50 years
over 10 years
over 4 years

an
BALLYLOUGHAN C
NGREGATION OF
EPRE
RIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 DECEMBER 2022
INCOME FROM DONATIONS AND LEGACIES
UNRESTRicfED
FUNDS
REsfRICTED
FUNDS
TOTAL
FUNDS
2022
TOTAL
FUNDS
2021
Recorded giving
Loose collertions
Donations and gifts
Gift aid
122,270
6,237
505
22,543
151,555
109,794
232,064
6,237
17,947
46,123
302,371
221,112
3,085
18,138
40,031
282,366
17,442
23,580
150,816
INCOME FROM CHARrrABLE ACTIVITIES
UNRESTRICTED
FUNDS
RESTRICTED
FUNDS
TOTAL
FUNDS
2022
TOTAL
FUNDS
2021
Organisation income
Sale of study books etc
Income from church events
Miscellaneous income
Grants
244
770
6,025
53
6,140
6,384
770
3,566
57
1,042
64
6,025
53
7,092
6,140
L3,232
4,729
EXPENDITURE ON RAISING FUNDS
uNRESTRI￿ED
FUNDS
RESTRICTED
FUNDS
TOTAL
FUNDS
2022
TOTAL
FUNDS
2021
FWO envelopes
513
513
514
514
1,027
1,027
1,365
1,365
13

an
BALLYLOUGHAN CONGREGATI
OF THE PRESBYTERIAN CHUR
H IN IRELAND
NOTES TO THE ACCOUNTS
31 DECEMBER 2022
EXPENDITURE ON CHARITABLE ACTIVITIES
UNRESTRICTED RESTRICTED
FUNDS
FUNDS
TOTAL
FUNDS
2022
TOTAL
FUNDS
2021
General assembly
assessments
Presbytery fees
Ministry and support
staff costs
Congregational running
expenses
Donations to Missions
and charities
Governance costs
Depreciation charge and
1055 on disposal of assets
13,553
586
13,553
586
L3,318
673
100,635
100,635
91,391
44,470
18,155
62,625
43,076
33,130
33,130
1,920
26,893
1,710
1,920
11,145
172,309
11,145
223,594
11,198
188,259
51,285
EMPLOYEES
lo
nt costs
TOTAL
FUNDS
2022
TOTAL
FUNDS
2021
Wages and salaries
Social security costs
Pension contributions
85,554
4,844
8,854
99,252
76,802
4,498
8,443
89,743
Number of em
ees
The average number of employees, including the minister of the congregation, during the
year was:
2022
2021
Average number of employees
There were no employees in receipt of employee benefits in excess of £60,000.
14

Presbyter
an
BALLYLOUGHAN CONGREGATION OF THE PRESBYFERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 DECEMBER 2022
PENSION cosrs
The minister of the congregation is a member of the Presbyterian Church in Ireland Pension
Scheme (2009). This is a scheme operated by the Presbyterian Church in Ireland, a
separate registered charity. The congregation pays an assessment to the Presbyterian
Church in Ireland equivalent to the employer's pension contribution for the Scheme and
based on the stipend paid to the minster. The Presbyterian Church in Ireland Pension
Scheme (2009) is a funded scheme of the defined benefit type, providing defined benefits
based on career average 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 funding plan to ensure the Scheme is sufficiently funded
to meet current and future obligations. A formal schedule of contributions was drawn up
on 25 November 2015 whereby Ihe Presbyterian Church agreed to pay from 31 December
2015 contributions of 24 % of pensionable salarie5 to cover the accrual of benefits for future
service, expenses, the cost of insuring death in service benefits and funding the scheme
deficit.
The contribution5 made by the congregation during the year were:
TOTAL
FUNDS
2022
TOTAL
FUNDS
2021
Contributions
8,633
8,443
The congregation contributes to a defined contribution pension scheme for one of its
employees. The pension charge represents the contributions due from the congregation
during that year.
TOTAL
FUNDS
TOTAL
FUNDS
Contributions
221
15

an
BALLYLOUGHAN CONGREGATION OF THE PRESB
RIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 DECEMBER 2022
TANGIBLE FIXED ASSETS
BUILDINGS
FIXTURES
FIrrINGS &
EQUIPMENT
COMPUTERS
& TECHINCAL
EQUIPMENT
TOTAL
COST OR VALUATION
At start of year
Additions
Disposals
287,893
3,225
19,132
16,823
1,046
(280)
323,848
4,271
(280)
At end of year
291,118
19,132
17,589
327,839
DEPRECIATION
At start of year
Provision for year
Disposals
44,531
5,758
9,891
L,913
10,036
3,263
(70)
64,458
10,934
(70}
At end of year
50,289
11,804
13,229
75,322
NET BOOK VALUE
At start of year
243,362
9,241
6,787
259,390
At end of year
240,829
7,328
4,360
252,517
16

Presbyter
an
BALLYL
GHAN CONGREGATION OF THE PRESBYfERIAN CHU
CH IN IRELAND
NOTES TO THE ACCOUNTS
31 DECEMBER 2022
DEBTORS
uNRE￿RicrED
FUNDS
REsfRICTED
FUNDS
TOTAL
FUNDS
2022
TOTAL
FUNDS
2021
Gift Ald Recoverable
Prepayments
Sundry debtors
20,511
4,771
23,296
43,807
4,771
39,705
4,347
75
,127
25,282
23,296
48,578
10 CASH AT BANK AND IN HAND
UNRESfRICTED
FUNDS
RESTRICTED
FUNDS
TOTAL
FUNDS
2022
TOTAL
FUNDS
2021
Bank current accounts
Bank deposit account
Cash in hand
62,316
24
433,572
495,888
24
26
401,974
24
26
62,340
433,598
495,938
402,007
11 CREDITORS: amounts falling due within one year
UNRE5fRIcfED
FUNDS
RESTRICTED
FUNDS
TOTAL
FUNDS
2022
TOTAL
FUNDS
2021
Accrua15
5,798
5,798
5,271
5,798
5,798
5,271
17

Presbyter
an
BALLYLOUGHAN CONGREGATION OF THE PRESBYFERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 DECEMBER 2022
12
FUND BALANCES AND RECONCILIATION OF FUNDS
Fund
BALANCE
AT
INCOME
EXPEND
TRANSFER
BALANCE
AT
END
START
UNRESTRICTED FUNDS
General account
344,345
158,647
(172,822)
4,171
334,341
344,345
158,647
(172,822)
4,171
334,341
RESTRICTED FUNDS
Missionary
Other mission suppport
Property
Community initative
Kids church
Girls Brigade
Boys Brigade
Toddlers
Men's group
12,811
29,965
(33,130) 0
9,646
330,121
5,794
638
2,457
2,067
1,881
139
120,850
1,700
50
1,898
2,329
164
(11,504) 0
(35) 0
(441) 0
(2,660) 0
(3,882) 0
(147) 0
{4,271)
435,196
7,459
347
1,695
514
1,898
139
loo
355,908
156,956
(51,799)
{4,171)
456,894
TOTAL FUNDS
700,253
315,603
{224,621)
791,235
13
RELATED PARTY TRANSACTION
One of the Trustees, the minister of the congregation received remuneration of £35,970
and expenses of £6,382 for acting in that capacity. Pension contributions of £8,633
were paid by the congregation in respect of the minister to the Presbyterian Church in
Ireland Pension Scheme (2009). None of the other trustees received any remuneration
or expenses during the year in connection with their duties.
During the year the congregation contributed the following amounts to Funds of the
General Assembly of the Presbyterian Church in Zreland a separate charity
£13,553 for congregational assessments
EIO,827 towards the United Appeal
£3,200 towards Orphans and Children S()ciety
The congregation contributed £586 towards Presbytery Assessments during the year.
There were no other related party transactions.
18