MAGHERAGALL PR£SBVrERIAN CHURCH CHAR¥ aE61STRATION 140, NIC105326 TRUST££S' ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023
MAGHERAGALL PRESBYfERIAN CHURCH TRusfEES' ANNUAL REPORT Year ended 31 December 2023 The Trustees have pleasure in presenting their report and receipts and payments account for the year ended 31 December 2023 together with a statement of assets and liabilities at that date. REFERENCE AND ADMINISTRATIVE DEfAILS Magheragall Presbyterian Church 9 School Lane Upper Ballinderry Lisburn, Co Antrim BT28 2NT Re8lStered Charlty in Northern Ireland (NIC 105328) CHARITY TRUSTEES The Charity Trustees who served during the year or were Trustees at the date of this report were: J Adair, W G Anderson, M A Christie, M E F H Collins, R A Crothers, E L Ireland, A J Kelly, A l Mccullagh, Rev A A Mccullough, M Priestley, R A Priestley and B Thomson. PRINCIPAL OFFICE BEARERS Minister Clerk of Session Congregational Secretary Treasurer Rev An8us A Mccullough William G Anderson Richard A Crothers Alexander l Mccullagh INDEPENDENT EXAMINER Stephen J Givan FCA KOIOS NAVIG Ltd Chartered Accountants 7 Delamount 5 Dundela Park Belfast 8T4 IPH SOLICITORS W G Maginess & Son 68 Bow Street Lisburn, Co Antrim BT28 IAL
MAGHERAGALL PRESBYfERIAN CHURCH TRUSTEES, ANNUAL REPORTconrfd Year ended 31 December 2023 PRINCIPAL ACTIVITIES AND OBJECTS The principal activity remains the making known the Christian Gospel of the Lord Jesus Christ through the advancement of religion and thereby providing a public benefit which flows from the purposes of the church, including spiritual and moral development and care for those in the community who are sick, disabled or bereaved. GOVERNANCE Maghera8all Presbyterian Church is governed by the Kirk Session who are the charity Trustees. The governing document is The Code, the book of the constitution and government of the Presbyterian Church in Ireland. The Kirk Session has delegated the temporal affairs of the congregation, including administering all funds and property belonging to the congregation, to the Congregational Committee. The Kirk Session members are ex-officio members of the Congregational Committee. REVIEW The Trustees are content that the objects of the church are being delivered in line with the public benefit guidance issued by Charity Commission for N l. The church is open to all and there is no harm flowing from the purposes of the charity. No private benefits ensue other than to the Minister but these are considered incidental to and necessary for the work of the church. During 2023 most of our or8anisations returned to normal attivities and numbers were encouraging. A determined effort has been made to encourage a return to and stimulate growth in the Sunday school (re-namedtsLAST'I and to recruit leaders and helpers. In 2023 the donations and contributions income for the general charitable activities of the church increased by 16.9% to £124,632. Investment income increased by 7.oyo to £2,462. The expenditure on charitable activities increased by 8.3% to £123,286 and establishment expenses increased from £11,991 to £54,770 reflecting major internal repair and refurbishment to the manse kitchen and cloakroom1£40,636) and the laying out of the graveyard extension (£12,400). The Trustees are grateful to the many volunteers who give their time to the charity through serving on committees and working within the organisations of the church.
MAGHERAGALL PRESBYTERIAN CHURCH TRUSTEES. ANNUAL REPORTconVd Year ended 31 December 2023 FUTURE PLANS The Trustees will continue to work to provide a Christian witness in the community. RISK MANAGEMENT The Trustees regularly consider the reputational and financial risks that might arise and review protocols and procedures in place to mitigate those risks. TRUSTEES, RESPONSIBILITIES The Trustees are responsible for preparing the annual report and the financial statements of the con8regation in accordance with applicable law and generally accepted accounting practice. As the congregation's total income is less than £250,000 the Trustees have elected under Section 64(3) of the Charities Act (Northern Ireland) 2008 to prepare a receipts and payments account and a statement of assets and liabilities. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the congregation's transactions and disclose with reasonable accuracy, at any time, its financial position. They are also responsible for safeguarding the assets of the congregation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. RESULTS The net expenditure for the year was £18,673 compared with net income of £10,460 in the previous year By order of the Trustees fy? k+/ Rev A A Mccullough Chair Approved by the Trustees on 22nd April 2024