MAGHERAGALL PR£SBYrEIUAN CHURCH
CHA￿Ty REGISTRATION NO. NIC105326
STATEmE￿r OF FINANCIAL ACTIVrri£s
YEAR ENDED 31 DECEMBER 2023

INDEPENDEKf EXAMINER'S REPORT
TO THE TRUSTEES OF MAGHERAGALL PRESBYfERIAN CHURCH
I report on the financial statements of the charity for the year ended 31 December 2023 which are
set out on pages 2 to 5.
This report is made soSely to the charity's Trustees, as a body. My work has been undertaken so that
I might state to the charity's Trustees those matters l am required to state to thern in an
Independent Examinerfs Report and for no other purpose. To the fullest extent permitted by the
law, I do not accept or assume responsibility to anyone other than the charity and the charitys
Trustees as a body, for my work or this report.
Respettlve Responslbllltles of Trustees and Examlner
As the charity's Trustees you are responsible for the preparation of the financial statements.
Having satisfied myself that the charity is not subject to audit and is eligible for independent
examination it is my responsibility to:.
Examine the financial statements
Follow the procedures laid down in the general Directions given by the Charity Commission
for Northern Ireland under section 651919b) of the Act; and
State whether particular matters have come to my attention.
Basls of Independent examlner's report
I have examined the charitys financial statements as required under section 65 of the Charities Act
and my examination was carried out in accordance with the Directions given by the Charity
Commission for Northern Ireland under section 6519llbl of the Charities Act.
My examination included a review of the accountin8 records kept by the charity and a comparison of
the accounts presented with those records. It also included consideration of any unusual items or
disclosures in the financial statements, and seeking explanations from you as Trustees concerning
any such matters.
Independent examlner's statement
I have completed my examination for the year ended 31. December 2023 and no matter has come
to my attention which gives me reasonable cause to believe that, in any material respect
l) the requirements to keep accounting records and prepare accounts which accord with
those accounting records have not been met and
2) that there is further information needed for a proper understanding of the financial
statements to be reached.
Signed:
SJ Givan FCA
KOIOS NAVIG Ltd
Chartered Accountsnts
7 Delamount
5 Dundela Park
Belfast
BT4 IPH
Dated: 22nd April 2024

MAGHERAGALL PRESBYTERIAN CHURCH
Statement of Flnandal Actlvltles
Year ended 31 December 2023
Recelpts ond poyments account
Note
Restrlcted Unrestrlcted
2023
2022
Income from:
Donations and legacies
65,797
87,930
153,727
133,393
Investments
687
1,775
2,462
2,301
Other sources
80
3,114
3,194
3,565
Total Income
66,564
92,819
159.383
139,259
Expendlture on:
Charitable activities
Establishment costs
Investments
32,050
54,770
91,236
123,286
54,770
113,808
11,991
3,000
Total expendlture
86,820
91,236
178,056
128,799
Net movement In the year
(20,256)
1.583
(18,673)
10,460
Transfers between funds
12,734)
2,734
Investments redeemed
33,124
33,124
Bank and cash balances
brought forward
49,708
13,4301
46,278
35,818
Bank and cash balances
carrled forward
26,718
34,011
60,729
46,278

MAGHERAGALL PRESBYfERIAN CHURCH
Notes to Recelpts and Payments Account
Year ended 31 December 2023
l. Accountlng basls
The Trustees have elected to prepare the accounts on a receipts and payments basis in
accordance with the provisions in The Charities Accounts and Reports Regulations (Northern
Ireland) 2015.
All amounts are recorded in sterling.
2. Donatlons and legades
Restricted Unrestricted
2023
2022
Donated for charitable activities
36,702
Donated for establishment costs 29,095
Legacy- Rev R D Larmour dec'd
87,930
124,632
29,095
106,585
25,808
1,000
65,797
87,930
153,727
133,393
Donotions include the attaching gift aid tax, where applicable.
3. Investment Income
Restricted Unrestricted
2023
2022
Dividends
Interest
687
1,506
269
2,193
269
2,274
27
687
1,775
2,462
2,301
4. Other Income sources
Restricted Unrestricted
2023
2022
Graveyard
Publications
Rents
Sundry
2,870
216
28
2,870
216
108
2,775
210
485
95
80
80
3,114
3,194
3,565
5. Charltable artlvltles
Restricted Unrestricted
2023
2022
Donations to Missions and
other charities
Sunday school costs
United Appeal
Ministerial costs
Central assessments
Organisations expenditure
Other running costs
9,944
361
5,021
9,944
361
6,957
46,905
15,966
16,644
26,509
11,017
139
6,791
44,310
16,155
12,758
22,638
1,936
46,905
15,966
16,644
80
26,429
32,050
91,236
123,286
113,808

MAGHERAGALL PRESBYfERIAN CHURCH
Notes to Recelpts and Payments Account
Year ended 31 December 2023
All the charitable activities undertaken are those of a Presbyterian Church in Ireland and for
the public benefit.
6. Estsbllshment costs
2023
2022
Repairs and maintenance- Hall
Repairs and maintenance- Church
Repairs and maintenance- Manse
Repairs and maintenance- Graveyard
1,212
522
40,636
12,400
10,561
1,346
84
54,770
11,991
7. Transfers between funds
Transfers made in order to ensure that no restricted fund is in deficit at the year end.
& Investments redeemed
2023
2022
2,612 shares in PCI General Investment Fund
33,124
9. Flxed Assets
The congregation owns the undernoted property:
All the church property situated at School Lane, Upper Ballinderry, Lisburn, BT28 2NT
including all fixtures, fittings, plant and equipment,
Manse, outbuildings, grounds and land at 102 Glenavy Road, Lisburn, 8T28 3XD
Small portion of land at Tansy Road, Upper Ballinderry, Lisburn, currently leased to
Tansy Mission Hall at a peppercorn rent.
These assets have an insured value of £3,310,00712022: £3,241,927).
10. Investments
The congregation has the following investments, shown at market valuation:
2023
2022
PCI General Investment Fund
Other
73,453
682
99,295
363
74,135
99,658

MAGHERAGALL PRESBYfERIAN CHURCH
Statement of Assets and Llabllltles
Year ended 31 December 2023
Bank and cash balances
2023
2022
Bank deposit accounts
Bank current accounts
Cash in hand
16,809
43,060
860
12,715
32,720
843
60,729
46,278
Other assets
Fixed assets- Note 9
Investments- Note 10
3,310,007
74,135
3,241,927
99,658
3,384,142
3,341,585
Llabllltle5
There are no liabilities
The Receipts and Payments Account and Statement of Assets and Liabilities were approved at a
meeting of Trustees of the charity on 22nd April 2024 and authorised for issue.
Rev A A Mccullough
Chairperson
A l Mcculla
Treasurer

MAGHERAGALL PRESBYfERIAN CHURCH
The following pages, 7-14, do not form part of the Annual Accounts and are provided for information
only.
The figures shown have however, been incorporated into the Annual Accounts, (pages 2-51 on which
the congregation's Independent Examiner has given his report.

MAGHERAGALL PRESBYTERIAN CHURCH
General Account- INCOME
Year ended 31 December 2023
2023
2022
% Inc(dec)
Speclfied sources:
Freewill offerings
Tax refunds thereon
Loose collection
Tax refunds thereon
Donatlons towards118ht and heat:
pw
Girls, Brigade
Boys, Brigade
Badminton Club
Bowling Club
Hilltop Friends
Knitting Circle
Unlted Appeal..
Contributions
Tax refunds thereon
Other Income:
Income from invested bequests & gifts
Interest
Graveyard income
Wayleave rents
Herald5
Donation- PW
Tax refunds thereon
Sundry donations
Hall & car park hire
Fun Day income
21.4
74,464.58
12,540.25
574.77
143.69
61,352.51
11,537.80
758.41
189.50
(24.3)
{24.3)
150.00
600.00
500.00
67.00
300.00
290.00
100.00
150.00
600.00
400.00
25.0
50.00
100.00
4,183.50
837.25
4,018.00
906.25
{7.61
1,505.70
268.99
2,870.00
27.92
216.00
626.00
106.25
100.00
1,433.54
26.88
2,775.00
25.21
210.00
100.00
400.00
95.00
TOTAL INCOME
100,471.90
85,128.10

MAGHERAGALL PRESBYTERIAN CHURCH
General Account- EXPENDITURE
Year ended 31 December 2023
2023
2022
% Inc(dec)
Mlnlsterlal costs:
Salary
Motor expenses
Ministerial duties
National insurance thereon
Endowments to rninister
National insurance
Cost of living uplift
Pulpit supplies
Assessments
Pension fund
Central Ministry Fund
Widows of Ministers Fund
Incidental Fund
Assembly Buildings External Works
Student Bursary Fund
Ministerial Development Fund
Prolonged Disability Fund
Sick Supply Fund
Apprenticeship Levy
Presbytery fees
Planlst & asslstants
Unlted Appeal {TGrget £6,957)
Manse
Rates
Heat and118ht:
Church
Hall
Insurances (changed to monthly poyrnents in Oct 2022)
Prlntlng and statlonery
Inks, paper, postage etc
FWO envelopes
Annual reports
Other costs:
Water charges
Graveyard - maintenance
Copyright licences
Bank and investment charges
Bank interest
Independent Examiner's fee
Repair to communion server
35,074.24
4,020.00
2,681.00
925.00
51.22
3,653.50
500.00
401.00
33,404.04
3,829.00
2,553.00
927.75
53.19
3,543.00
(0.3)
(3.8)
384.50
8,417.75
2,345.00
479.00
1,918,00
1,066.00
8S2.00
213.00
479.00
21.00
175.00
754.10
2,160.00
6,957.
8,017.00
2,599.00
541.00
2,004.00
1,083.00
1,029.00
249.00
433.00
33.00
167.00
918.19
630.00
6,791.00
{9.81
111.51
{4.31
{1.61
117.21
114.41
10.6
(36.31
117.91
1,124.39
1,054.64
(2.9)
15.8
3,752.76
9,689.59
3,192.58
3,864.03
8,362.40
1,046.07
27.00
542.88
162.00
56.89
517.73
156.00
{39.8)
{15.0)
201.53
2,259.00
414.00
82.40
334.95
2,657.80
387.00
82.00
308.67
170.00
40.00
23.5
210.00

MAGHERAGALL PRESBYTERIAN CHURCH
General Account- EXPENDITURE (continued)
Year ended 31 December 2023
2023
2022
% Inc(dec)
Other costs (conydj:
Heralds
Internet & website
Kitchen & cleaning supplies
Hygiene/sanitary disposal contract
Jubilee Celebration expenses
Fun Day expenses
Haryest lunch & expenses
10.8
216.00
730.58
417.59
91.48
195.00
684.65
60.00
94.32
85.89
344.83
142.73
TOTAL EXPENDITURE
96,256.58
89,834.27
SURPLUS/(DEFICIT) FOR YEAR
4,215.32
(4.706.17)
Transfer to Donations Account
Transfer from Praise Group account
{150.001
251.14
(250.00)
Balance/(Defldt) brought forward
(3,429.881
1,526.29
Balance/(Defldt) carrled forward
886.58
(3.429.88)

Property Maintenanee
Balance blforward
Investment income
Harvest
Tax refunds thereon
Envelopes, slo's etc
Tax refunds thereon
Sale of Christmas baubles
Sale of chairs
Donation- in memory of
the late Margaret Priestley
Donation- in memory of
the late Ivan Kelly
In lieu of flowers -
the late Margaret Hollinger
Donation- Badminton Club
Porch jar-100se change
Transfer from Manse Fund
29,319.69
630.54 HALL:
6,550.00 Fire extinguisher service
1,155.00 Maintenance contracts:
16,622.60
Security/Fire systems
2,835.00 Tint film applied to windows
5.00
120.00
140.00
672.00
400.00
1,212.00
1,000.00 MANSE:
Grounds & fence maintenance
250.00 Kitchen & cloakroom refurbishment
and replacement
545.00 Electrics upgrade re above
401.00
12.58
150.00
400.00
36,276.00
3,960.00
40,636.00
CHURCH:
Gully & spout cleaning &
hedge cutting
Vacuum cleaner repaired
Boiler serviced
Fire extinguisher service
122.25
22.95
258.00
19.00
422.20
GRAVEYARD E￿ENsION.
Drainage work, levelling and
pathway installation
12.400.IXI
Balance clforward
4,926.21
59,596.41
59,596.41
Manse Fund
150.00 Transfer to Property Maintenance
Balance b/forward
150.00
Manse Land Account
Conacre
80.00 Paid to minister
80.00
Communlcatlons Mlnlstry
Balance b/forward
232.77 Balance c/forward
232.77
-io-

Sundrles account
Balance b/forward:
Bequests to be Invested
2,999.80 Balance clforward
2,999.80
Pralse Group
Balance blforward
351.14 Contribution to equipment
Transfer to General Account
100.00
251.14
351.14
351.14
Donatlons Account
Balance b/forward
Children's Society collections
Tax refunds thereon
World Development Appeal
Tax refunds thereon
TEAR Fund
Tax refunds thereon
Remembrance Day collection
Orange serrfice
Turkey/Syria earthquake appeal
Investment income
Donation for foodbank
Christmas choir
Transfer from General Account
1.13 Presbyterian Children's
1,125.00 Society
135.00 Poppy Appeal
790.00 World Development Appeal
197.50 TEAR Fund
1,455.00 Turkey/Syria earthquake appeal
348.75 Lord Enniskillen Memorial
216.00
Orange Society
242.55 PCI stand at Balmoral Show
150.00 Lisburn Foodbank
3.90
20.00
53.00
150.00 Balance c/forward
1,380.00
216.00
987.50
1,803.75
150.00
122.55
200.00
20.00
8.03
4.887.83
4,887.83
Sunday School Account
Balance b/forward
Collections
2,389.92 Easter eggs
360.00 Prizes/speaker
Christmas Selection boxes
Balance clfonvard
25.00
283.10
53.00
2,388.82
2,749.92
2,749.92
-li-

I" Magheragall Boys Brlgade
3,002.99
BB Headquarters fees
1,975.00
Light & heat
2,000.00
Officer training
138.50
Children's Cancer Charity
242.00
Display expenses
661.00
Recruitment expenses
258.30
Uniforms
105.00
Activities & crafts
38.48
Donation- Operation Shoeboxes
Training- boys
Balance clforward
Balance b/forward
Membership fees
Educ Authority grant
Loose change for charity
Uniforms
Display receipts
Enrolment service
For activities
Bank interest
2,437.50
500.00
65.00
138.50
1,005.85
23.15
310.88
1,015.45
30.00
230.50
2,664.44
8,421.27
8,421.27
Maghera8all Glrls, Brlgade
5,182.32
Equipment
1,800.00
Costumes
1,775.00
Badge expenses
941.00
Craft materials
1,522.50
Ink & stationery
595.50
Uniforms
Display costs
District fee
Light & Heat
G8NI fees
Outings, parties etc
Gifts
Courses
Security doorbell
Unspent grant repaid
Balance c/forward
Balan￿ b/fon¥ard
Educ Authority grant
GBWeek
Membership fees
Uniform sales
Display receipts
106.86
332.84
400.92
145.53
107.74
932.90
1,693.34
20.00
600.00
1,032.36
445.14
49.95
250.00
27.99
157.69
5,513.06
11,816.32
11,816.32
Bowllng Club
Balance blforward
Member5 subs
Concert receipts
Hog Roast
Zone events- Hall hire
League tearns charity donations
2,100.77
320.00
900.00
1,200.00
400.00
2,120.00
Bank charges
46.87
Donation- Friends of the Cancer Centre 2,120.00
IIBAfees
90.00
ricket printing
79.20
Sundry event expenses
91.95
Polycups, biscuits etr
65.31
Light & heat
300.00
Balance c/forward
4,247.44
7,040.77
7,040.77
-12-

Recreatlonal Badmlnton
125.00
Balance c/forward
Balance blforward
125.00
Hllltop Frlends
Balance b/forward
Subscriptions
Lisburn & Castlereagh
City Council
For outings
For Friends of the Cancer Centre
Donations
1,875.48
634.00
Speakers
Food
Gifts
Craft materials
Donation- Friends of the Cancer Centre
Outings
Bankfees
Boccia
Stationery, phot05 etc
Rent, heat & light
Balance c/forward
585.00
517.12
251.30
648.97
315.00
2,841.15
64.65
75.00
41.81
290.00
2,141.48
1,672.00
2,790.00
315.00
485.00
7,771.48
7,771.48
Knlttlng arde
Balance b/forward
Subscriptions
Proceeds- Coffee Morning
73.83
104.00
1,445.76
Heat & light
Food
Donations:
Down BB re Uganda
Helping Hands, Markethill
Project Romania
Balance clforward
100.00
39.80
400.00
475.00
475.00
133.79
1,623.59
1,623.59
Badmlnton Club
Balance b/forward
Fees
872.75
373.00
Club affiliation - Bl
Members affiliation- Bl
League fees
Shuttles etc
Donation- property maintenance
Light & Heat
Balance c/forward
17.50
233.75
30.00
33.00
401.00
67.00
463.50
1,245.75
1,245.75
Youth Club
Balance blforward
70.00
Balance c/forward
70.00
-13-

Mums & Toddlers
Balance b/forward
455.08
Balance clforward
455.08
Balance clforward
Investment income:
Mrs Edith Larmour dec'd
Tea money
Mission box collections
Stew lunch
264.10
Donations:
Mission Fund
Presby Children's Society
Light & heat
Donation- Church funds
Speakers
Balance clforward
1,010.66
loo.00
150.00
626.00
loo.00
108.14
53.04
141.00
1,010.66
626.00
2,094.80
2,094.80
Men's Group
Balance b/forward
241.20
Balance clforward
241.20
-14-