an Connor Presbyterian Church a congregatlon of the Presbyterian Church In Ireland Trustees Annual Report and Financlal Statements for the year ended 31 December 2024 Reglstered wlth the Charity Commlsslon for Northern Ireland NIC105329
an CONTENTS Trustees annual report Independent examiners report Statement of financial actlvities Balance Sheet Notes to the accounts 10-16
an CONNOR CON6REGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT The Trustees presenttheirAnnual Report and Ftnancial 5tstementstorthe yearended 31 December2024 Includin8 a Balance Sheet as at that date. REFERENCE AND ADMIP41STRATIVE DETAILS Connor Congregatlon of the Presbyterian Church in Ireland Camcombe Road ConnoT Ballymena BT412 3LA Registered Charity in Northern Ireland (NICIO5329) CHARITY TRUSTEES The Charity Trustees who served thJrin8 the year or who were vustee5 at the date of this report were: Rev Philip Davld Thompson Mr Matthew Cyrrie Mr Nigel James Francey Mr Alistalr John Greer Mf David Preston Mi George McDowell Mi Geoffrey Samuel Allen Mr Robert James Nicholl Mr Davld Murdoch Mr Robert Campbell Allen Mr Cralg Mark Preston Mr Charles Rodney Hou$ton Mr J•me$ 8arr Mr Warwick Farquhar Mr William Allan 4ETrew Mr Davld Thompson Mr Frew Johnston Mr Nell McCullou8h Mr Wllllam Meryyn Johnston PRINCIPAL OFFICE BEARERS Minlster Clerk of SessSon Trea5vrer Secretary Rev Phlllp David Thompson Mr Wllllam Mewn Johrk5ton Mr Nigel james Francey Mr Alistalrjohn Greer INDEPENDENT EXAMINER John Finnegan Potter Flnnegan Limlted Unit 25 The Courtyard Bu$ine$s Park 190 Galgorm Road Ballymena BT42 IHL BANKERS Oan5ke Bank 1-2 Broadway Ballymena BT43 6EA 50LICITORS Boal Anderson & Co 56 High Street 8allymÈna Co. kntrim BT43 6UH
an CONNOR CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT {conVd) STRUCTURE ANO MANAGEMEP The Klyk Sesslon The charitytrustee5 of the congregation are the membersof its Kirksession. Under the conBregatton's8overnln8 documen¢ Thecode. the book of the constitution and governmeDtof the Presbyterian Church in Ireland. the Klrksession seekstowatch over and promotè the splritual interest of the congretiOn and of persons not connected with any con8re8atlon who are wlthin its bounds. It ensures pastoral cart is in place in the conBre8atlon and seeks to further Ihe ¢ontilbu¢lon of the Church to Christlan witness and seThice in the local ¢ommwity- The Kirk Sessions has delegated to itsCon8re8atignal Commlttee the temporal affalrs of the congregatSon Includln8 administerlng all funds and property belon8in8 to the congregation. Members of the Kirk Sesslon are exfficI0 members of the Congregatlonal Committee. The Klrk Sesslon conslsts of the ordalned mlnlster ar thÈ rullnB elders of the ¢on8re8aiiohs. All members are eniltled to propose. Speak and exercise equal vote5 at meetings, except that the Moderator, the minister in actlve duly in the con8regatron, has no deliberative only a casting vote.To be thasen forthe offlce of the eldership in the con8regailon a person must be a voting meMr and è re8ular attendant on Its ordnances. Voting members of the con8regatlon elect Elder5 to the Klrk Sesslon. All meetln8s of the conaregatlon are under the governance of thè Klrk SesOn. St•red rneetln8s of thè Kirk session were held on 10 occaslons during the year ending 31st December 2024. Presbytery Under the Pre5bytertan Church in Ireland form of governance the corporate oveislght of a congregation Is ihe responsibility of a Presbyiery which superintend5 8eneralty the spÈritual and tempoial affalrs of the tongre8atitsns assigned to it by the General Assembly of the Presbyterian Church In Ireland. Connor pre5ber74rt Church has been a5slgned to the Ballymena Presbytery of the Presbyterlan Church in Ireland. The membership of the Presbytery consists mainly of the active ministers of ¢on8re8aiions assi8ned to it by the General Assembly. ministers who have retired from active duty and an elder appolnted by the Klrk Sesslon of each ¢on8re8ation. The General Assembty The General Assembly is the supreme court of the Church. representing In one body the whole Church and acting as its s¢Jpreme legislative. administration and judicial authority. bn dealin8 With all matters brought before it. The General Assembfy Is normally tonstltuted durln8 the first week in lune for worship and to conduct its buslness. At the end of busines5, It is dissolved. The membership of the General Assembly consists mainly of the actlve ministers of each con8re8ation, retired ministers and a iepresentative elder appointed by the Kirk Session of each congregation. DESCRIPTION AIID PURPOSE Connor Presbyierian Church Is a congregailon of the Presbyterian Church in Ireland. The Presbyterian Church in Ireland, as a Reformed Church within the wider body of Christ. is grounded In the Scilptures. and exists to love •nd honour God throu8h faith In His Son ènd by thÈ P¢)wÈr of HIS Splt, and to enable her member5 to play thelr part In fulfllllng Go$ mission to our world. Connor Presbyterlan Church exlstsio see unbelievin8 people become Ilfelong followers of Jesus Christ. We havè three maln oblectlves. Objectlve I To encourage people to make u5eof the OTdinary means of grace. The preaching and teachin8 of God's word is Central to all we do.. Prayer, both 8$ Ind1411dIs and ¢Orrx)rate. Communlon Oblectlve 2 To equlp our peoplè for service. Help our people to identifythe gifts God has given them to serve others. Strengthen and enlarge the corè Kroup of God's people to tske up key rolesof ministry. Identlfy appropriate training to enable our people to carryout acts of service.
an CONNOR CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT Iconvd) Oblettfv 3 To engage pèople in missionary outfeach at home and overseas. To encourage our people to play Ihelr part In personal outreach and ministry. We have followed this pattern by partnering wlth.. West Kirk Congregation In 8elfast. West Belfast Church Plant Calvary Mission in Westport, Co. Mayo. Hamsayeh International in West Lorthn. Grace in Hope EMF- Rogerio & Sonla Aamos in Sines. Portugal EMF- Klzystof & Aneta Rutkowscy Poland. Book tranlatlon. PCI Missionarles in Kenya. Operation Moblllsation Roscommon. ACTIVITI£SAND OBJECTIIfiS Meetln8s are as outlined below. The dedication and Commitment of Rev. Thompson and leaders ol the organisations is 8reatly appreclated, and we are thankful to God that con8re8ational life Is now rthrtin8 to a more normal arrangement. Sundav Prayer meeting Sunday School & Bible Class Mornlng SeNi¢e Prayer meetlng Evenin8 SeIce 11.15am I].8M 12.¢X) noon 6.wpm 6.30pm Monday B¢)ys 8ri8ade Anchor Boys & lunlor Section Company & Serc*r Sectlon 7.£tlpm 7.30pffl Tuesday A Warm Place fjjrls BrF8ade Explorers Junlors, Senl¢)rs 8rigaders Weekly INov- March) 10-12noon 6.30pm 7.30pm Wednesday Prayer Meetln8 8.rM)pm Thursday Klrk Session meetlng Presbyterian Women Ipwi Church Committee Indoor BowUn8 Club Craft Group Monthlv Monthlv As announced As announced As announced 7.30pm 8.C(Jpm 7.30pm 8.00pm 8.00pm Friday "Men Allve" men's group % aThntyJed 7.00pm ACHIEVEMENTS AND PERFORMANCE Worshlp and Pr•r The congregation normally meets for worship ea¢h Sunday at 12.IXWn and 6.30pm. Durin8the week the Bible Studv provldes an opportunity for members to meti for fellowship. to stu(ty the scriptures and for a tlme of prayer. On a Wednesday evenin& we have a prayer meeting. No marriage 5ervice5 were condurted. We Sought to comfort those who had been bereaved dwing the year. At 31 De¢ember 2024 there were 264 communlcant mernber5. and 305 families connected wlth the congregation.
an CONNOR CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (convd Pastoral care Rev. Thompson arhd the Elders carry out Pastoral visltation throughout the year. Members Df the congregation who are unable to attend church due to Sickness or 38e are visited on a regular basis by the mlnister, elders or by one Df the conere8arion's pasloral visitor& Mlsslon and outreach The congregation supports the United Appeal for Mission which is a cèntral fund of the Presbyterian Church in Ireland. Thls fund enables congre8atlons to support the wider mission of the denomination and to do mlsslon at)d outfea¢h on denominational basis beyond what the ConggatiOn could th on its own. The Unlted Appeal Fund provides financlal support for mission pèrsonnel ai home and overseas, assists ¢ongregatlons with the deployment of locally based staff, enables chur¢h plantin& provides 8rant support for the upkeep of church premsses. assbst with the running Costs of Union Theological College. the Church's training college for minSsrry students. and financialty supports con8re8ation in the area5 of worshlp. dlxlpleship, 8lobal misslon. outreach. Itadership and pastoral care. Presb*¢ery The con8re8atlon was represented at the re8ular MeIng$ of the Presbytery by our rn1$ter and one of the elders. This provldes an Important link between the con8re8ationsand the wider structure5 01 the church. G•neral Assemb The minister and one of ¢)w elders were nominated to attend the meetlng of the General Assembly of the Presbyterian Church In Ireland held in Assembty 8uildln8s, BdfèsL in June. Property The Con8re8ational Committee mei on two occa05 duri the year. The Con8re8atlonal Commiiiee had overslÉht of the rnaterlal needs of the congregatlon. Thelr maln artivitle5 ensured the upkeep of the Meetin8 House, Halls, Manse Farm and Graveyard. Organlsatlons The Klrk Sessh)n The Kirk Session met througho rhe year to de41 wrih the spiritual interests of ourcon8re8atlon. The followlng organisations metthrou8hout the year as announced. Sunday Worshlp Our Sunday Service5 were open to all to attend. We mei to worshlp God, to pray and sing his praises. God's Word was falthlully preached. and we believe by the power of the Holy sw.rit God's people were built up in their faith and thost who do not have falth in the Lord Jesus Chiist were challenged to repent and live for Christ. Sunday S¢h¥)ol and 8lble aass Childfen and youn8 people were tau6ht God's word in Sunday School and Bible Clas5. This is to gkve them understanding of what God has to say throu8h his word and that they may come to faith in Christ and live their lives for him. A Warm Place A Wam Place meets from 10 am to 12 noon on Tuesday5 from November to Marth. It provides a time for pèople of all aeès to comè for tea or coffee and a chat. God's word 15 read explained at each meeting. Boys BT58ade arxl Glr15 Brigade. The uniformed organisations ot BB and GB meetfrom September to April. and these are open to all boy5 and 8irls respectively. God's word Is tau8ht In each evenSng and a fijll program of a¢ti¥iti¢s prgvided.
an CONNOR CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRusfEES ANNUAL REPORT Itonvd Prnsbyterian Women Women of all ages met monthly untll March. They had a varied programrne providing reports on missionary interest and glving women opportunlthe5 for fellowship and special events. The Congregatlonal Commlttee The Congregational Committee dealtwith the temporal needs of the congregation as it met throuBhout the year. The BowlSng Club The Bowlln8 Club was open to all and provided friendshlpfor those whose interests were In playin8 bowl5. The Craft group The Craft group wa5 open to all to learn new skills ènd nurture frlendships. All the meÈtin8s come under the governan¢e of the Klrk Session who appoint all leaders. Connor Presbyterian adheres to the Presbyterlan Church in Ireland Taking Care policv. Valunt••rs The Trusiees wish to acknowledge iheir deep appreciation of those who give freety of their tine by servin8 on committee5 and helpin8 Wlth organis*lons and other churth activitie PUBLIC BENEFIT STATEMENT The Presby¢erlan Church in Ireland meets the publ1¢ benefit requirement by providin8 benefit to its members and the general public by maklng known the Christian Gospel of ihe Lord Jesus Christ throu8h the advancement of religion. Thè direct benellts which flow Irom the purposes of the Church include the gaining of an understandin8 in Chr15tlan bellefs as sei out In the Blble and in the Church's subordlnate stsndard5 Ithe Westminster Confesslon of Falth and the Shorler and L?rger Catechismsl leadinE to spifitval and moral development and opportunitie5 for response to Blble teaching. In turn, this framework leads to pra¢tl¢al expressions of Christian beliets and standards In the local communbty such as through the care of those In need Iln¢ludin8 the sick, disabled and bereaved). Generalty. the above benetits are delfvered locèlly by con8re8atlons and their members or are facilitated through pre5byterles or are or8anised and delivered centralty. Local delivery Is fa¢illtated by central resources In almost all oses. Public access Is made kwn uslng nokn"ceboardsi printed materlal, press ad¥ertisemen( websites, and Social media or In other ways. The benefits are demonsirated throu8h re8ular evaluatton of the services and informal and ad-hoc feedbacklrom members, their families. and members of the public. The purpose does not lead to harm. The only prlvate beneflt flowlng from our purpose is related to Mrnisiers. Missionaries, Deaconesses, Irlsh Mission workers and Lay Agents receive benefits because of their holdin8 office or employment. However. thls Is Incidentsl and necessaryto further ow Charitab purpose. There are no other private benefits. The beneficlarles of thSs purpose are member5, thelr families. other Indiwduals that the Presbyterian Church in Ireland is in dlrect and indirect contact with, the community in which pastoral services are provided and other ¢ommunitSes throu8hout Northein Ireland. the Republic of Ireland. and worldwide which benefit from our en8a8ement with and support for bDth Christian and other secular organisations. charities and indlvldual members of the publlc. The Kirk Session has had reEard to the Charity Commlssion's public benefft requirement statutoryEuidance.
an CONNOR CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT Icont'd) FINANCIAL REVIEW The cong83On'$ maln sour¢e of income is member< Contrtbutlons throuBh the Weekty Freewill OfferinB. There were 183 contributors durln8 the year1197 in prevSous year, 20231 donating a totsl of £137,2541£156,446 in prevlous year. 20231 Total Income of the congregation dur1 iheyear was £268.439. tampared to £359,28S In the previous year. Total expendlture decreased from £295.464 to E293,364. RESPONSIBILMES IN RESPEcfoF FINANCIAL ATEmENTs The Trustees are responsible for preparln8 the Annual Report and the financlal statements In accordance with appllcable law and United Kin6dom Generally Accepted Accounting Prnctl¢e. The Trustees are requlred to preparefinancial Statements for each financial year whkh give 4 true and faÈr vlew of the state of affairs of the con8re8ations and the flnanclal activrtie5 for that year. In preparing the flnancial statements the Trustees are requlred to.. Select sultable a¢countinB Fjollcles and then apptythem tonsistentlv Make judgements and estimates that are reasonable and prudent Prepare the finan¢i?I statements on the 80ire¢oncern basls unless it is Inappropriate to presume that the funds will contlnue in operation. The Trustees are responsible for keepln8 adequate accounting records that are sufficient to show and explain the funds Efansactions ahd disclose with reasonable accuracy at èny time the flnancial SK)Sition of the congregations and enablè them to ensure that the financial statements comply with the Statement of Recommended Pra¢ii¢e"Accovnting and Reporting by Charitles11 january 20151". Thèy aTe also responsible for safe8uarding the assets of the con8re8ation and hence for takin8 reasonablé steps for the prevention and dett¢tioTh of fraud and other irregularities. GOING CONCERN The actlvitles of the cortÈfe8ation are dependent on on8oin8 contributions from It5 members. The Trustees are Of the opinlon ihai the coneregailon has sufficient SOUrceS at the date of approval of these financlal statements to meet commltments which will arise In the year from ihe date of signln8 this report and subject to the continuitig support from members to fund on an OnEoln8 ba515 the congregation's CUrt activities and oiher financial cornmilment5. RISK REVIEW A review of rnajor risks has been undertaken by the Tiustees and systems and prOdureS implemenied to manage Identified risks. The principal risks are in relation to ihe likelihood of reputational dama8e and financial risks assoclated with the expectation of ongoin8 financial support from members. These risks are mitl8ated by ihe Trustees, and the Congregational Committee, regularly Monitori variou5 activities of the coregatIon at slated meetin8s and bv encouraginE members in their regular 8iving. Approved by the Kirk Session at a meeting on 8th May 2025 and signed on its behalf by- ty9.O .IL.ILb_ Rev Philip David Thompson Trustee Trurtee
an INDEPENDENT EXAMINERS REPORTTO THE TRUSTEES OF CONNOR CONGREGATK)N OF THE PRESBYIERIAN CHURCH IN IREiANO I report on the accounts of the Trust for the year ended 31st December 2024, which ale set out within thi5 document. As thè charitrfs trustees you are responsible forthe preparation of the accounts in accordance with the CharitFe5 Act INorthern Ireland) 2008. It is my responsibility to.. Examine the accounts under sertion 65 of the Charities Act Follow the procedures laid down in the general Directions given bythe Commi55ion under sectlon 65{9llbl of the Charities Act State whether partrcular matters have come to my attention. Basis Ot Independent examinerfs reporL I have examined your charity accounts as required under section 65 of the charits Act and my examination was ¢ar¥led out In accordance with the Beneral Direction5 given by the Charity Commission for Northem Ireland under settlon 6519llbl ol the Charities Act. My examination included a review of the a¢couniing wecord5 kept by the chartty and 3 compar150n of the accounts presented with those records. It also included consideration of any unusual items or disclosures In the accounts and seeking explanatlons from you as charity trustees concernlng such maiters. My role Is to state whether ary material matters have come to my •ttention Blvlng me cavse to believe: That attountln8 records were not kept in accordance with sertion 63 of the Charitles Act. That the accounts do not ac¢oid with those accountln8 records. That the accounts do not comply with the accountin8 requirements of the Charlties Act. That there Is lurther informatlon needed for a proper understandln8 of the accounts to bè reached. Indop*ndent exarnln•rf$ SLgtsmert I have completed my examinatlon and have no concèrns In respect of the matter111 to141 listed above and, In connection wlth followin8 Oirectlons of the Charity Commlss5on for Northern Ireland, I have found no matters ihat requiie drawlng to your attention. Jo Plnnela Potter Flnnegan Llmlted Chartered Accountants UnSt 25 The Courtyarsj Buslness Park 190 GHl8orm Road Ballymena BT42 IHL Date: 8th May 2025
an CONNOR CONGREGAnoN OF THE PRESBYTERIAN CIIURCH IN IRELAND ATEMENTOF FINANCIALAcnviTY Fortheyèar ended31 DeMber 20Z4 Nrte Unrè5trkted Restrlcted Endowment Funds Totsl Funds 2024 Totsl Funds 2023 lrtcome and Endowments from: Donatlons and legacies Charjtable activities Other trading a¢tivilles Investments Other Totsl 170.905 617 71,365 21,480 3.015 242.270 22.097 3,015 1,057 340,318 16.356 1.678 933 963 172,485 95,954 268A39 359.285 Expendlture OM: Raising funds CharStable activitles Other Total 11.1241 1149.6061 11,1241 1292.2401 11,0811 294.383 1142,6341 1150,7301 21,755 200 21.955 1141634) 146.680) 12Th)1 146,880) 1293.Y641 124.9251 1295,4641 63.821 Nèt Ineame/lexpefidltUTe) Transfers between funds Net movem•nt In funds 124.9251 63,821 Recontlllation ollunds: Total funds brought forward Totsl funds urrled fofward 330.292 352.247 1,990,292 1.943.412 72,911 72.911 2,393,495 2,368,S70 2.329,674 Z,393A95
an CONNOR CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND BALANCE SHEET Asat 31 DÈeèmbèr 2024 Note Lknfestrirted Funds ftestrlrted Endowment Fd5 Totsl Funds 2024 Total Funds 20Z3 Fixed osstts: Tan8lble assets Totsl flxed assets 12 157.905 157,905 1.746.681 1,746,681 1.904,586 1.904.5B6 1,953,130 1,953,130 Current assets.. Debtors Cash at bank and in hand Total currtnt assets 13 14 22,117 173,665 195.782 8,644 188,087 196.731 30.761 434.663 465.424 56.378 385.427 72,911 72.911 Llabllltles: Creditors.. amounis falling due wlthln one year Is 11.4401 11,4401 11.4401 Net eurrènt assets 196,731 72.911 463,984 440,365 Totsl a55•ts less current 352,247 1,943A12 72,911 2.368,570 2,393,495 Creditors.. amounts fallin8 due after one year Total net assets 352,247 1,943A12 72,911 2,368,570 2,393,495 Fnds of the eharitv Restrictèd funds Unrestricted funds Endowment funds 16 16 16 1,943.412 1,943.412 352,247 72,911 1,990,292 330,292 72,911 352.247 72,911 Total tharityfunds 352,247 L943.412 72.911 2.368.570 2,393A95 Approved by the Kirk Sesslon at a meeting on 8th May 2025 and slgned on its behalf by fyDZ ;Iffj( Rev Phillp David Thompson Trustee William Mer¥yn J stee hnston
CONNOR CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAP*fl NOTES TO THE Accoupirs 31 December 2024 Accountlng polkles BASIS OF FINANCIAL STATEMENTS The financial statement5 have been prepared in accordan with applicable accounting standard5. While compliance with Statement of Recommended Piactlce Accounting and Reporting by Charities IFRS102} is not mandatory a¢¢oEtnt of the guidance tontsinèd therein has been taken in the preparation of these accounts. The financial 5tattment5 have been Prepared under the historical cost convention exeept for investment assets, which are shown at markei value. The financial sternents include all transactions. assets. and liabilities for which the tongregatlon is responsible in law, They do not Inelude the accounts of church 8roup5 that owe their affilSation to another body, nor those that ar¢ Informal 8aiherin8s Of ¢hur¢h members. FUND ACCOUNTING Endowment funds are fund5. the capital of which must be retalned either permanentfy or at the congregation's dIS¢tIon. the income derived from the endowment Is to be used either as restricted or unrestricted Income funds depending upon the purpose for whS¢h the endowment was e#abli5hed in ihe fJr5t place. Restricted funds comprise {al income from endo4Yments whlch Is to be expended onty on the restrkted purposes intended by the donor and Ibl renue donatSons or grants lor a specific ngregatIonal activity intended by the donor. Where these funds have unspent balances, interest on their pooled Investment is apportioned to the individual funds on an avera¥e basis. Unrestricted funds are income funds which are to bè spent on the ¢oniregation's general purposes. Deslgnaied funds are general funds set aslde bythe ¢on8re8ation for use in the future. INCOMING RESOURCES R•cognltlon of Incornlng resources These are Includèd in the Statement of Flnan¢lal A¢tfvitkes ISOFAI when: The con8fegation become5 enlitled to the resources. The trustees are vlrtually certain thèy will receive the $oUrteS. and The monetary value can be measured with suFfi¢ient reliably. Incomlng r•sour¢es wlth related expendlture Where incoming re50LFrce5 have related expendilure {as with fundratsing income) Ihe IomIng resources and related expenditure are reported gros5 in the SOFA. Grants and donations Grants and donations are only included in the SOFA when the con8re8ation has un¢orKlitional entitlement to the resources. Tax redalms on donatlons amd 81fts Incoming resources from tax reclaims a Included in the SOFA at the samè time as the 8ift to which they relate. Corbtractual Income and pem3Ce Mlatèd grants rhls15 only Includèd in thè SDFA once the related goods orservices have been delivered. GJfts In klnd Gifts in kind are arcounted for at a reasonable estimate of thelr value to the tharity or the amount actually realisÈd. Gifts in kind for sale or distribution are included in the accounts as glftsonly when sold or distrlbuted by the charity. Gifts in kind for use by the charity are included in the SOFA as incomÉne resources when re1Vable. io
an CONNOR CONGREGATION OF THE PRES8YfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (convd Donaied s*rvi¢e$ #nd facllltl These are only included in Incoming resources (with an equivalent amount in res0ree$ expended) where the benefft to the charity Ss reasonabl¥ quantifiable. measurable. and material. The value placed on these resourtès is the estimated value to the charity of the service or facility recelved. VoluntèeT help The value of any voluntary help received is not Included in the ac¢ourfs but is described In the trustees. annual reporL Investment Income This Ss Included in the accounts when recelvable. Investment galns and l¢)sses Thls Include5 any galn or loss on the sale of Invesrments and any galn or loss resulting from revaluSng Investments to rnarket value at the end of the year. EXPENDITURE AND LIABIUTIES LlabllSty rew8nition Llabilities are reco8n15ed as soon as there Is a legal or constructive obligation commrtting the con8ie8aiion to pay out resources. GoVernaCe costs These include costs of the preparatTron and examination o15tatutory attounts, the costs of trustee meetlngs and cost of any legal advlce io trustees on governance or constitutional matters. Grants whh perforniance condiliohs Where the eharitygives a grani with condr(ions for Ils payment beFn8 a specific level of servlce or output to be providè such 8rants are only Tecognised in the SoFAonce the recipient of the grant has provlded the specified servlce or output. Grants payable w7thout performafflce cOdItIonS These ère only recognised in the accounts when a commitment has been made and there are no conditions to be met relat5n8 to the grant which remain in the control of the charity. Support ¢osts Supporl costs include ceniral functions and have been allocated to •ctlVFty cost categorles on a basls conslstent with the use of resources, e.g.. allo¢ating property cots by floor areas. or per capila. staff costs by the tlme spent and other costs by their usage. Tan8lble Flxed Assets Tangible fixed asse15 for use by charity. These are capltallsed if they can be used for rnore than one year and cost at least £5. They Ore valued at cost or, if gifted, at the value to the charity on receipt. Depredation is rewrded on all tangSble fixed assets other than freehold land. at rates calculated to write of the cost less estimated residual value, of each asset over its expected useful life as follow uildings -over 50 years Fixture5, flttin8s, and equipment -over 10 years Motor Vehicles "over 4 years Computers, software, and technical tquÈpment -over 4 years li
an CONNOR CONGREGA710N OFThE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (¢oned) Investments Investment5 are quoted on a recogThsed stock exchange are valued at market value al the year end. Other investment assets are snduded at trustee5' best estimate of market value. DONATIONS AND LEGACIES Unrestrkted Funds Restrkted Funds Endowment Fund$ Totsl Funds 2024 Total Funds 2023 Recorded glvlng Loose collectlons Donaiions and 8ffts Gift Aid Legacies and bequest 137,254 4.035 1,208 22,408 6,OCKI 170.905 39.081 6.055 16,298 9,931 176,335 10,090 17,S06 32,339 6,000 242.270 268.975 9,101 19,934 42,308 71.365 340,318 CHARITABLE ACTIVITIES Uo)r•stricted Funds Restrktèd Funds Endowment Fund$ Totsl Funds 2024 Total Funds Z023 Income from charitable activities Fees from weddings and funerals Grants 617 16.416 17,033 11.356 5,064 22.097 5,000 16,356 617 21880 OTHER TRAOING AcfiiqTIES Unrestrlcted Funds Restrlcted Funds Endowmettt Funds Tot•1 Funds 2024 Tot•1 Funds 2023 Letting of premises 3,015 3.015 3,015 3,015 1,678 1678 INVESTMENTS lJn¥estrirted Funds Restrirted Funds Totsl Funds 2024 Total Funds 2023 Funds Deposit interest 963 94 1.057 1,057 933 933 963 OTHER INCOME Unrestrfrtèd Funds Re5trirted Funds Endowment Funds Total Funds 2024 T11 Funds 2023 Other income 12
an CONNOR CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS l¢onfdl RAIS114G FUNDS Unrestficted Funds Restrirted Funds Endowment Funds Totsl Funds 2024 Total Funds 2023 FWO envelopes 1.124 1.124 1,124 1.124 1,081 1,081 CHARITABLE ACTIVITES ljnrestricted Funds RestrSrted Fundg Endowment Funds Totsl Funds 2024 Total Fund5 2023 General Assembty Assessments P$bYterY fees Ministry and support staff tosts Congregatlonal njnning expenses Donation5 to mlsslon5 & charltles Governance costs 15.895 699 95.972 33.691 1.496 1.853 149.606 15,895 699 95,972 135,835 41,767 2,072 292,240 29,704 618 75,240 142.933 43,537 2,351 294.383 102,144 40.271 219 142.634 OTHER EXPEfrIDITURE Unrestrlct•d Funds Restrirted Funds Endowment Funds Toial Fyftd5 2024 Total Funds 2023 Loan Snterest 10. EMPLOYEES Employment Costs 2024 2023 Wages and salarles Social security Costs Pension contrlbutlons 69.540 6,033 10.988 65,354 5,756 10,465 Nwmber OfemployS The avera8e number of employees during the year were: 2023 No AvÈr3ge number ofempknyees There were no employees in receipt of ernployee benefits in excess of £60,000. 13
an CONNOR CONGREGATION OFTrIE PRESBYTERIAN CHURCH IN IRELAND NOTES TO ThE ACCOUNTS Iconvd) The minister of the congregation is employed by the Presbyterian Church in Iland which is a separate charity and these costs have been reflected in the employee costs above. The congre8ation pays an assessment to the Presbyterlan Church in Ireland forthe minister. The followlnE payments were made durlng the year= 2023 Wages and salarles Social Security Costs Pension contributions 45.783 6,033 10,988 44,103 5,756 10,465 11. PENSION COSTS The mlnSster of the con8ratIOn is a mernber of the p$bYlerIan Church In Ireland Penslon 5¢heme120091. This i$ 8 scherne operated by the Presbyterian Church In Ireland, J separ3te rtgistertd tharity. The congiegation pays an assessment to the Presbyterian Church in Ireland equivalent to the employerfs pension contribution for the Scheme and based on the stlpÈnd paid to the minlster. The Presbyterian Church In Ireland Penslon Scheme12C()91 is 3 funded Scheme of the deflned benefit type. providing defined benelits based on career averaged rèvaltsÈd salary. Thè Sthème has assets held in a sepafately administered fund managed by a board of trustees. The Presbyterian Chur¢h and the Scheme Trustee5 have agreed a funding plan to ensure the Scherne is sufficiently funded to meet current and future obli8ations. A formal schedule of ¢ontributitsns was drawn up on 25 November 2015 whereby the Presbyterian Church a8reed to pay from 31 December 2015 contrlbutlons of 24% of pensionable salarles to cover the a¢¢rual of benefits for future Service, expenses, the cost of insuring death In setyice benefits and fvndin8 the xheme deficit. The contributions made by the congregation during the year were. 2024 2023 Contribution5 10,988 10,465 12. TANGIBLE FIXED ASSETS FaTmland Church (hunh Hall Manse Tot41 COST OR VALUATION At l January 2024 Additions Disposals At 31 December 2024 157.905 2,850,(rfJO 1.992.2LKI 435,000 5,435,105 157.905 2A50.000 1,992,200 435,000 5A35.105 DEPRECIATION At l January 2024 Char8e for the year Eliminaled on disposal At 31 December 2024 2,850,000 47S,375 39,844 156,600 8,700 3,481,975 48,544 250.000 515.219 165,300 330,519 NET BOOK VALUE At 31 December 2024 157,905 157.905 IA76,981 1,516,825 269.700 278,400 1g04,586 1,953,130 At 31 December 2023 14
an CONNOR CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAHD NOTES TO THE ACCOUNTS IconVd} I& DEBTORS 2029 Gift aid recoverable 30,761 30.761 56,378 56,378 I& CASH AT BANK AND IN HAND 2024 2023 Danske Charity Account Danske Bank Sunday School Current Account Danske Bank Sunday School Depostrt Accounl First Trust Sunday School Current Account Bowling Club PresbyterSan Women Boys BrSgade Girls Brieade Paypal balance 412,250 2,510 1,114 556 359,674 2,S39 1,096 513 559 1,556 10.214 7,152 2,124 385,427 2,458 7,452 7,353 485 434.663 15. CREDITORS: irnounts falllnz du• wlthih one year 2024 2023 A¢¢fuals 1,440 1,440 16. FUNO 8ALANCES Unrestri¢led 2024 2023 General fund 352.247 352,247 330,292 330.292 R•StrItt Funds 2024 2023 Property Fund Mlsslon Fund Cemetery Fund Sunday School bowling Club Presbyterian Women Boys Brigade Girls Brigade 1.817,850 68,004 34,633 4,179 485 2.456 8,452 7.353 1.943.412 1.856,239 69,172 40.252 4,148 S60 1,555 11,214 7.152 1.990.292 15
an CONNOR CONGREGATION OFTHE PREs8YfERIAN CHURCH IN IRELAM) NOTES TO THE ACCOUNTS Iconvdl Endowment Funds 2024 2023 Endowment fund 72.911 71911 72,911 72,911 Re¢on¢lllatlon of movement of funds Openw balan Income EMpendltur• Transfers Closlng balanté Unrestrlctod Funds General Fund 330.292 330192 172,485 172h85 1150,7301 1150,7301 352.247 352,247 Restrirted Funds Property Fund Misslon Fund Cemetery Fund Sunday School Bowlin8 aub Presbyteri3n Women Boys Brigade Girb Brade IA56.239 69.172 40,252 4,148 25,514 34,735 9,669 80 460 6.817 5,312 13,367 95,954 163,9031 136,0031 IIS,2881 1491 14351 IS,9161 17.8741 113,1661 1142,6341 1,817,850 68.004 34,633 4,179 485 2,4S6 8,452 7.353 1,943A12 {1) 1,555 11.214 7.152 1.990.292 (2tx)I 12001 Efftdowment Fufftds Endowment Fund 72,911 72.911 72,911 72.911 Totsl Funds 2,393.495 268,439 1293J641 2,368,570 17. Related Party Tr•nsadlons Rev Philip Thompson Is a Trustee and received renumeratlon of £45.783 12023: £44,103> ènd pension contributlons of £10,988 {2023.. É10.4651 through PCI wilh £7,74312023'. £6.9431 expenses beln8 pald by the church. Alistair Greer is a Trustee and received renumeiation of £13.89212023= £12.6561 In respect of his duties as caretaker during th yar. 16