CHURCHTOWN COINGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees Annual Report and Financial Statements For the year ended 31 December 2024 Registered Charity in Northern Ireland (NIC 105342-0)
an CHURCHTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES AINNUAL REPORT The Trustees present their Annual Report and Financial Statements for the year ended 31 December 2024 including a Statement of Assets and Liabilities as at ihai date. Reference and Administrative Details Churchtown congregation of the Presbyterian Church in Ireland Tamlaghl Rd, Tamlaght O Crilly, Magliera Co. Londonderry, BT46 5XW Registered Charity in Northern Ireland (105342-0) Charity Trustees The Charity Trustees who served during the year or who were trustees at the dale of this report were Mr Harry Ann5trong Mr George Graham Mr Willis Arnistrong Mr William Lamont Mr Robert John Bloomfield Rev Richard Morrison Mr Stanley Bolton Mr Chrxstopher Rowe Mr Keith Dundas Mr Junior Whyte Principal Office Beydrers Minister Clerk of Session Treasurei Rev Richard Morrison Mr Christopher Rowe Mrs Sylvia Rowe Independent Examiner lan Johnston Sleven50n & Wilson Chartered Accountants 22-30 Broadway Ave, Ballymena, Co. Antrim, BT43 7AA. Bankers Danske Bank, Po Box 183, Donegall Square West, Belfast, BTI 6JS. Solicitors Burnside & Logue Solicitors 43 Main St, Maghera, Co. Londonderry, BT46 SAA.
Presbyter an CHURCHTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAI¥ID TRUSTEES ANNUAL REPORT (cont'd) Structure and Management The Kirk Session The chai'ity tru5tee5 of the congregatlon are the members of its Kirk Session. Under the congregation's gov¢rning document. The Code. the book of the constitution and government of the Presbyterian Church in Ireland, the Kirk Session seeks lo watch over and promote the spiritual interest of the congregation and of persons not connected with any congregation who are within its bounds. It ¢nsur¢s pastoral carc is in plac¢ in the congregation and seeks to further the contribution of the Church to Christian witness and service in the local community. The Kirk Session has delegated to its Congregational Conunittee the temporal affairs of the congregation including administering all ndS and property belonging to the congregation. Members of Ihe Kirk S¢ssion ar¢ ex-officio m¢mbers of the Congregational Committee. The Kirk Session consists of the ordained minister and the ruling elders of the congregation. All members are entitled to propose, speak and exercise equal votes ai meetings. except that the Moderator. the minister in active duty in the congregation, ha5 no deliberative but only a casting vote. Staled meetings of the Kirk session are normally held bl-monthly, or as is deemed necessary. To be chosen for the office of the eldership in the congregation a person must be a voting member and a regulai. attendant at ils ordinances. The selection of those proposed to be called to the olCe can be either by the congregation or by the Kirk Session. Members are elected if they obtain two-lhirds of ihose who vot¢. Pi'esbytery Under the Presbyterian Church in Ircland forni of govemance the corporate oversight of a congregation is the responsibility of a Presbytery which superintends generally the spiritual and temporal affairs of the congrcgatioiis assigned to it by the General Assembly of the Presbyterian Church in Ireland. Churchtown congregation of the Presbyterian Church has been assigned to the Ballym¢na Presbytery of the Presbyterian Church in Ireland. lThe membership of the Presbytery consists mainly of the active ministers of congregalions assigned to li by the General Assembly* minsters who have retii'cd from activ¢ duty and an ¢ld¢r appointcd by lh¢ Kirk S¢ssion of ¢ach congr¢gation. The General Assembly The CTen¢ral Assembly is the supreme court of the Church, representing in one body the whole Church and acting as its supreme legislative, administration and judicial authority, in dealing with all matters brought before it. The Genei?I Assembly is normally constituted during the fwst week in June for worship and to conduct tts business. At the end of business, it is dissolved. The meinbership of the General Assembly consists inainly of the active ministei. of each congregation, retired mtnsters and a representative elder appointed by the Kirk Session of each congregation.
Presbyter an CHURCHTOWN CONGREGATION OF THE PRKSBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) Description and Purpose The charitable purpose of the congregation is the advancement of religion. Churchtown congregation of the Presbyterian Church is a congregation of the Presbyterian Church in li'eland. The Presbyterian Church in Ireland. as a Reformed Church within the wider body of Christ is grounded in the Scriptures. and exists to love and honour God through faith in His Son and by the power of His Spirit, and lo enable her members to play their part in fulfilling God's mission to our world. The congregation's mission statement is as follows "By God's grace, we as a gospel shaped congi'egation within ihe Pi'e.tbylei'ian Chiip'ch in Ireland, seek to make and equip disL'iples ofjesus, Ihi'oiigh ilie proclaiiialion of God's wv?'d, lo Ihe gloiy ofGod. ' The congregation aims to live out its mi55ion a5 a family of God's people by being: A Covenant Community.. where our relationships are rooted in the promises of God by living faithfully toward him and toward one another. An Intergenerational Community.. where adults intentionally take the lead to engage with, encourage and nurtur¢ younger members lo maturity in Christ. An Outward looking Community: where we want the bl¢ssings of God that belong to us in the gospel to become blessings for oihers b¢yond th¢ bounds of our community, 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 Inatters of Christian faith and practi¢¢, Actlvitles alld Objectives The congregation meets for worship every Sunday and visitors are welcome to join. The Sacrament of the Lords Supper is observed on four occasions during the year and all those who have been bapiised and who have made a profession of faith ii) tlie Lord Jesus Christ are admitted to the Lord's Supper. The congregation holds regular bible study and prayer Ineelings and has a wide range of organisations which seek to reach and disciple those involved. The organi5ations include: Sunday School & Bible Class Children's Church Creche Holiday Bible Club Boys Brigade Rainbows, Brownie5 & Guides Youth Fellowship Men's Fellowship Presbyterian Women rriendship Group Choir Walking Group Achievements and Performydnce Worship and prayer The congregation nonnally meets for worship each Sunday at 12:00 Noon (I 1:00am in July & August) and on the fwst and third Sunday each month at 7..00pm. A titne of prayer is held before each service of worship. During the week there is a midweek meetillg on Wednesday evenings at 8pm, providing an opportunity for members to meet together for fellowship, to study the scriptures and for a time of prdyer.
Presbyter an CHURCHTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) At 31 December 2024 there were 130 communicant members and 135 families connected with the congregation. The average weekly attendance at morning worship was 130, and evening worship on the fllSt and third Sundays was 40. Throughout the year we celebrated the sacrament of Baptism on three occasions, welcoming 4 new children into the congregation. Pastoral care Members of the congregation who are unable to attend church due lo sickness or age are visited on a regular basis by the minister, the elder for that district or by a member of the congregation. We also provide online livestream and CD ministry where each worship service is recorded and available lo those who could not atlend or are housebound. Members of the congregation are willing and proactive in supporting the practical needs of others where they arise. Efforts are made lo engage with members of our local community who n¢ed pastordl support. During ihe year we saw five members of the coiigregation pass away and we sought to comfort those who had been bereaved. Mission and outreaeh Our weekly services of worship are open to everyone in our conununity and beyond as they are 5tr¢amed and made available online. During the course of the year certain worship services have a particular theme (e.g. Back to School, Harvesl, Christmas and Easter) providing an opportunity to invite members of the conununity to join with us on these occasions. Ev¢nts happening within Church life are promoted Ihrough leaflet drops, our monthly announcement sl)eet. church website and social media through our Facebook page. Our varied range of organisations provided aD Opportunity to engage with young and old from within the con81'egation through their carefully planned programmes. They also gave an opportunity to reach out to the local community with many of our youth Inembers having no connection to the congregation. We enjoy excellent relations with our neighbourin8 churches. We shared some joint midweeks with Drimbolg Refom]ed Presbyterian and we supported the local Church of Ireland congregations in Tamlaght O Crilly and Innisrush al their special services held during the year. The annual week of Holiday Bible Club and Youth outreach on the first week in August provided an opportunity to reach large number5 of children and youih from ihe wider community. This has proved to be a great way of sharing Ihe gospel of Jesus Christ with children and youth, as well as making good connections with families in the area. The church seeks to support local schools and engage with the slaff and pupils there. Our minister regularly takes part in assemblies in two Primary Schools and occasionally in a Secondary school, as well as helping out with breakfast club once a week. In December we had a Christmas tree put up in the village and were able to host a 'lights switch on, event and outreach in the local community. There was singing of carols and a message from our minister, as well as festive refreshments and entertainment. funding from Mid Ulster Council helped to make this event possible. The congregation supported the United Appeal for Mission which is a central fund of the Presbyterian Church in Ireland ensuring ihat its target is met each year. This enables congregations to support the wider mission of the denomination and to do mission and outreach on 8 denominational basis beyond what the congregation could do on its own. The United Appeal Fund provides fLnancial support for mission personnel at home and overseas. as51Sts congregations with the deployment of locally based staff. enables church planting, provides grant support for the upkeep of church premises, assist with the running costs of Union Theological College {Ihe Church's training college for ministry students), and financially supports congregation in the areas of worship, disciplesbip, global mission, outreach, leadership and pastoral care.
Presbyter an CHURCHTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEI Ei S ANNUAL REPORT (cont'd) The congregation supported other Mission groupslpeople. This included the work of the B¢lfast City Mission, with particular interest and focus on Andy and Iris Williamson who serve in Ballysillan. The congregation generously suppoited the BCM Christmas Gift Appeal in December. Churchtown also continued their gospel partnership witb a church in Moldova through European Mission Fellowship. We conlinue to support this work prayerfully and fmancially> building good relations with their Paslor Mihai. At ihe end of the year the total given through our midweek weekly offering and evening services was divided among a number of mission agencie51groups. In order to encourage young people b¢ing involved in short, or longer terni, missionary wot*, locally or oversea provision is made to fmancially support them. Presbytery The congregation was represented al th¢ regular meetings of Presbytery by our mintstcr and one of the elders. This provides an important link between the congregations and the wider structures of the church. Our minister took on responsibility for convening the Youth and Children's ministy within Presbytery. Geiiei'al Assembly The minister and one of our elders were nominaled to attend the meeting of the General Assembly of the Presbyterian church in Ireland held in Assembly Buildings in Belfast in June. Property The Congregational committee continue to provide oversight for the upkeep of our church buildings, graveyard and fai- land. 14aving prayerfully considered the need for additional and improved facilities, the congregation agreed to proceed with plans for a new church hall adjacent to Ihe graveyard. Organisations SundAy school & Bible Clas5- Throughout 2024, with the exception of the summer months. Sunday schoollBible class met each Sunday moming from I I..00-11..45am. froin Jaiiuary to June 2024 the children were taught the wol'd of God in three classesltwo Bible classes. Members of Sunday School attended the PCI Kids's Big Day Out held in 1$1 Ahoghill Presbyterian Chui'ch. Our annual Children's Day services were held on Sunday 2nd June. Following a sumrnei. recess, classes resumed in September 2024, when 25 children and young people enrolled which Can be broken down as follows.. Sunday school (aged 4-11) - 17 children with 3 teachers Bible class (aged 12-18)- 8 young people with 2 teachers During the calendar year, each child received an Easter Egg, end of session prize and Christrnas gift. In December 2024, our Sunday School/Bible cla55 pupils enjoyed a Christmas trip to Soft Play and Bowling at the Jet Centre Coleraine followed by food at McDonalds. Each year Sunday SchooVBible Class have a mission project where money is collected by the children in Smartie tubes. Our total contribution at 31 December 2024 to support European Missionary Fellowship through the work of Mihai and Irina Chisari iti Moldova was £400. Youth Felloivship - Renew youth fellowship met forlnighily between September and June usually in the Church Hall with approximately 10-17 young people from year 8 up and we have 3 leaders. Our nights usually start with ice bi'eakers followed by a bible-based talk and bible study to help challenge. encourage and equip the young people in their everyday life. Over this year w¢ have had people come in to speak about their involvement in mission work in sununer outreach. We also had a trip bowling and a Chinese night to help us focus on the persecuted church.
an CHURCHTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTE1 S ANNUAL REPORT (eont'd) I. Tamlaght 0> Crilly Boy's Brigade meets every Monday night from September to April. Anchor and Junior Sections meet from 6.30pm to 7.40pm and we currently have 6 Anchor Boys and 4 Junior Boys. Each night comprises of a varied programme which typically includes a bible message, craft lime, games and snacks. The boys also enjoyed a visit from Kidz Farm. Our Company and Senior sections meet from 7.45pm to 9.15pm and we currently have 7 Company boys and 2 Senior boys. Our 2 Senior boys are currently working toward5 their Prestdent's and King's badges. Each night the Company programtne includes a bible study lead by one of tbe ministers, figure marching, games, box work and other activites. including model aeroplane making. A visit from ihe Royal British Legion gave the boys an opportunity to learn more about the importance of Rememberance Day. The Company also had the privilege of being asked to represent BBNI at Ihe Royal Festival of Rememberance al the Waterfront, Belfast. The CoTnpany section was also able to take parl in the Battalion Dodge Ball Competition which the boys won, leading to them also competing at the National compctition. To mark the 80th anniversary of the Battalion. all the boys. officers and paiEnts took part in a leg of the baton journey, walking from Tamlaght O'crilly to Kilrea. Tamlaght O'crilly Rainbows, Brownies & Guides - All girls in Rainbows, Brownies and Guides participated and engaged in different activities each week, such as. craft, sport, games. cookery and sci'ipiure related activilies. We ended the 2023124 year with a tea evening. From September to December 2024 the girls joined with Tamlaght O'cl'illy Boys Bi'igade for enroLtnent and Harvest services as well as singing carols around the tree and our Chrislmas party, All units enjoyed the Kidz fann night with Ihe BB and the guides also joined with the BB for a talk on Rememberance. 'fhe girls took part in the Remembei'ance Sunday parade in Kilrea. Each unil is continuing io work towards badgcs on a variety of diff¢r¢nt them¢s. Numbers are continuously changing and we GUentlY have 6 Rainbows, 6 Ilrownies and 5 Guides. HolidAy Bible Club - this involved a week of outreach from 5 to 9th August in ihe 'Big tent, in the manse field. This was proceeded by a Worship service in the tent on the evening of Sunday 4th August. From Monday to Friday iiightly meetings were held for Primary school age children following the theme 'Train2Win' _ ovcr the five nights cli ildi'en wcre presented with the gospel by considering the following . Monday - Jesus, The Suprem¢ Champion, Tuesday - Joii)ing tlie Race - Philip and the Ehtiopian, Wednesday - Starling the Race- SaullPaul, Thursday - Staying in Ihe Race - Peter and Friday - Finishing the Race - Stephen. This meeting was followed each evening by 'Youth Week, from 8.30pm for those of secondary school age+. This evenl comprised of special activilies, including a quiz. gaTnes night, Nerf gun activities, water games and also food, praise and an epilogue each night from a variety of visiting speakers. On the Friday evening a family nighvbarbeque and Barn Dance was enjoyed by children and parenislfriends. Various pl'ayer times to comrnit this work to the Lord were held throughout the week. In total, across both age groups, 124 childrcnlyoung people enrolled during thc week. Our week of outreach concluded with a Holiday Bible Club family service in church on Sunday I i th August. Presbyterian Women Women connected to the above congregation met each month from January to April and Sepi¢mbei' to December 2024. PW provided a varied programme tied into the Ihcme for the year, Entrusted. The ladie5 enjoycd times of fellowship together and were given the opportunity to hear about, and support, local and global mission. We started off our year with a visit from Mrs Laura Mullan from Curran & Castledawson Presbyterian Church who spoke to us about 'One Godly Woman kn an Ungodly Generation,. Gift night was next in February where we invited ladies from our neighbouring churches and interviewed the ministers from each of ihese churches. In March we welcomed Melanie Bond who spoke to us about her faith and how she incorporates il into her fashion business. April meeting was with Keith from Aore International. In September we held our annual PW service and the guest speakers were Beth and Henry Montgomery and praise was led by the PW choir. Later in Sepiember some of the ladie5 attended Irish Women's Convention where we were inspired and uplifted by Jen Wilkin. Gareih Dalzell from Wycliffe Bible Translatois spoke to us at our October meeting. Our annual PW dinner was held on Tuesday 12th November 2024 in The Lodge Hotel in Coleraine. For our final meeting of 2024 we welcomed Lauren Speer from Rose and Bumble who spoke to us abour her mental health illness and how her faith abs helped her through it. M¢n's Felloivship - Men connected to the congregation met each month from January to April and September to December. The varled piogramme and range of guest speakers provided an opportunity for friendship and fellowship. The men enjoyed their annual joint sports night with Drimbolg Church and half-time epilogue brought by Leslie Mcclean. The annual dinner in February was held at Toast in Cullybackey with Craig Elliol sharing at it. Some men attended Culnady's Wellbeing Evening in March which proved to be a very helpfvl and encouraging evening. The visit to Bingham's dairy farni and digester gave a great insight into a large modern farni, with Rev David Morrison sharing
Presbyter an CHURCHTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTli S ANNUAL REPORT (cont'd) from Psalm 23. September saw the men bring out their competitive side again as they went bowling at the Jet Centre followed by a McDonalds. In October some delicious puddings were enjoyed while hearing the life story of Stephen Smyth. In November tbe men went on a visit to Nesbitl's in Upperlands to explore some of his antique collectable5'. Andy Williamson brought a message from God's word. Av¢rage attendance at each event was 20 men. Friendship Croup- This group met monthly from January to March and from September to December. They enjoyed a varied pi'ogramme of 5peakeTS and activities which always ended with chat over a cup of tea. The following details oui. speakers for the year.. Joe and Sadie Law from Miracl¢ Mission. Jean Farlow speaking on her work in Kenya. Linda Tayloi. spoke about gardening and God's word. Audrey Johnslon spoke about hei- trip lo Kenya. Maurice McNicholl shared about his woodworking weaviTJg in a biblical message. The year finished with our Christmas lunch in the manse, with Victor Hutchinson singing and sharing from God's word. Walking Group- This provided an opportunity for members of the congregation to meet monthly on a Sunday afternoon for a casual walk. This provided an opportunity for conversation and deepening of friendships. Soine of the locations include: Garvagh Forest, Fisherman's Walk Portglenone, Castlerock beach and Portballinlrae Board walk. Volunteers The Trustees wish to acknowledge their deep appreciation of those who give freely of their time by serving on cominittees and helping with organisalions and oiher church activities. Public Benefit Statement The Presbyterian Church in Ireland meets the public benefit requirement by providing benefit lo ils members and the g¢n¢ral public by making known the Christian Gospel of the Lord Jesus Christ through the advancement of religion. The direct benefits which flow from the purposes of the chUh include the gaining of an understanding in Christian beliefs as set out in the Bible and in the Church's subordinate standards (the Weslminster Confession of Faith and the Shorter and Larger Catechisms) leading to spiritual and moral development and opporthnities for response to Bible teachkng. In turn, this framework leads to practical expressions of Christian beliefs and standards in the local community such as through the care of those in need (including the sick. disabled and bereaved). Generally the above beneflts are delivered locally by congregations and their members, or are facilitated through presbyteries or are organised and delivered centrally. Local delivery is facilitated by central resources in almost all cas¢s. Public access is made known through the use of noticeboards, printed material, press advertisement, websites, and social media or in other ways. The benefits are demonstrated through regular evaluation of the services and infornial and ad-hoc feedback from members, their families, and members of the public. The purpose does not lead to harni. The only private benefit flowing from our PUTpose is related to Ministers, Missionaries, Deaconesses, Irish Mi55ion workers and Lay Agents who receive benefits as a result of their holding 01¢ or employment. However, this is incidental and necessary in order to further our charitable purpose. Th¢r¢ are no other private benefits. The beneficiaries of this purpose are members, their families, other individuals that the Presbyterian Cburch in Ireland is in direct and indirect contact with, the community in which pastordl service5 are provided and other communities throughout Northern Ireland, the Republi¢ of Ireland. and worldwide which benefit from our engagejnent with and support for both Christian and other secular organisations, charities and individual members of the public. The Kirk Sesston has had regard to the Charity Commissions Public benefit requirement statutory guidance.
an CHURCHTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) Financial Revieiv The congregation's main source of income is members, contributions through the Weekly Freewill Offering. There were 95 contributors during the year (2023: 96) donating a total of £64,838 (2023: £65,010). Total Income of the congregation during the year was £162,684 compared to £138,132 in the previous year. Tolal expenditure increased to £145,849 from £120,877. Statement of Trustee Responsibilities The Trustees are responsible for preparing Ihe annual pOrt and the financial statements of the congregation in accordance with applicable law and generally accepted accounting practice. As the congregations total income does not cxceed £250,000, the Trustees have elected under Section 64{3) of the Charities Act (Northern Ireland) 208 to prepare a receipts and payment account and a statement of assets and liabilities, The Trustees are responsible for keeping adequate accounting records thal are sufficient to show and explain the congregation's Iransactions and disclose with reasonable accuracy at any time ils financial posilion. They are also iesponsible for safeguarding the assets of the congregation and hence for taking reasonable steps for the prevenlioii and detection of fraud and othcr irregularities. Approved by the Kirk Session at a meeting on 10 April 2025 and signed on its behalf by Name: Rev Richard Morrison Name: Christopher Rowe Date.. 1010412025 Date: 1010412025
Presbyter an tNDEPENDEIYT EXAMINERS REPORT TO THE TRUSTEES OF CHURCHTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRE4 LAND I report on the accounts of Churchtown congregation for the year ended 31 December 2024, which are set out on pages 10 to 15. Respective responsibilities of eharity Irustees and examiner As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to: examine the accounls under section 65 of the Charities Act follow the procedures laid down in ihe general Directions given by the Commission under section 65(9)(b) of th¢ Charities Act state whether particular matters have come to my attention. Basis of iiidependent examiner's report I have examined your charity accounts as required under section 65 of ihe Charlties Act and my examination was caiTied out in accordance with the general Directions given by the Charity Commission for Northern Ireland uT]der section 65(9)(b) of the Charili¢s Act, My examination included a review of ihe accounting 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 accounts, and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my altention giving 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 with those accounting records 3. That the accounts do not comply wilh the accounting requirements of the Charities Act 4. That there is further infomation needed for a proper understanding of the accounts to be reached, Independent examiner's statement I have completed my examination and have no concerns in respect of the matters (l) to (4) listed above and. in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no mattel's that require drawing to youi. attention. Stevenson and Wilson 22-30 Broadway Avenue Chartered Accountants Ballymena Date: i oth April 2025 BT43 7AA
Presbyter an CHURCHTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINIINCIAL ACTIVITY (RECEIPTS AND PAYMENTS ACCOUNTS) FOR THE YKAR EDNED 31ST DECEMBER 2024 Note Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Receipts Donations and legacies Chat'ilable activities Grant Investment incoin¢ Investments realised Other income 84.647 80 ,193 5,136 59,711 829 1,589 3.718 144,358 909 2.782 9,322 13.076 784 2,350 3,927 468 5,230 83 5,313 6,857 Total Receipts 96,286 65,930 468 162,684 138,132 iiieiils Rai%ing funds Charitable activities Other expenditure Capital expenditure 440 72,709 15,823 440 94,215 21,217 29.977 421 87,208 30,794 2,454 21,506 5,394 29.977 Total Payments 88,972 56,877 145.849 120,877 Net receipts l (payments) Transfers between funds 7,314 91,227 9,053 1.070 468 (92,297) 16.835 17,255 io Net movement in funds Funds brought forward 98,541 105,098 10,123 175,641 (91,829) 101,432 16,835 382,171 17,255 364,916 Funds carried forward 203,639 185,764 9,603 399,006 382,171 10
an CHURCHTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND ST STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2024 Unrestricted Funds Restricted Funds Endowment Funds TotAI Funds 2024 Total Funds 2023 Funds Reconciliation Bank, cash and inve5tinenls at Start of year Net movement in funds 105,098 98,541 175,641 10,123 101.432 (91.829) 382,171 16,835 364,916 17,255 Bank, cash and invcstmenls at ¢nd of year 203,639 185,764 9,603 399,006 382,171 Baiik, Cash and Investment Balances Progressive savings accounts Bank current accounts 65,997 333,009 101,432 280.739 399,006 382,171 Other Assets Fixed Assets - Note 9 Churcli building and contents Church hall buildings and contents Building of manse Building of open fronted shelter Land Gift Aid receivable on donations Investments 1,031,249 159,724 365,444 6.464 41,704 17,000 39,311 1,031,249 129,747 365,444 6,464 41,704 13,500 37,264 1.660,896 1,625,372 Liabilities 2,236 2,086 Approved by the Kirk Session at a meeting on ioth AprAI 2025 and signed on its behalf by: Rev Richard Morrison Mr Christopher Rowe Minister Clerk of Session 11
an CHURCHTOWN CONGREGATION OF THE PRESBYTE]UAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31ST DECEMBER 2024 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total income of the congregation is less than £250,000 the congregation have elected in accordance with the provisions in The Charities (Accounts and Reports) Regulations (Northem Ireland) 2015 to prepare its accounts on a receipis and payinents basis. FUND ACCOUNTING Endowm¢nt funds are fvnds, the capital of which must be retained ¢ither pernianently or at th¢ Congregation's discrelion. the income derived from the endowment is to be used eiiher as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place. Restricted funds comprise (a) income from endowment5 which is to be expended only on the restricted puoSe$ intended by the donor and (b) revenue donations or grants for a specific congregalional activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average balance bhsis. Unrestricted funds are income funds which are to be spenl on the congregation's general purposes. Designated funds are general funds set aside by the congregation for use in the future. DONATIONS AND LEGACIES Unrestricled Funds Reslrieted Funds Endoivment Funds Total 2024 Total 2023 Recorded giving: Loose collections Donations and gifts Gift Aid 4,336 66,388 13,923 4,336 122,704 17,318 4,938 94,342 13,796 56,316 3,395 84,647 59,711 144,358 113,076 CHARITABLE ACTIVITIES Ullrestricted Funds Restricted Funds ndowment Funds Total 2024 Total 2023 Charitable activities - other Charitable activities - publicalion 80 135 215 300 694 694 484 80 829 909 784 12
an CHURCHTOWN CONGREGATION OF THE PRESBYTERIAN CIIURCH IN IRELAIYD NOTES TO THE ACCOUNTS (cont'd) INVESTMENT INCOME Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Deposit intcrest 5,136 3.718 468 9,322 3,927 5.136 3,718 468 9,322 3,927 OTHER INCOME Unrestrieted Fiinds Restrlcted Funds Endowment Funds Total 2024 Total 2023 Conacre income Donation for use of hall Sale of books Power Nl National Savings compensation McKinley donation Donation toward pulpit supply NIE Wayleav¢ 5,127 5.127 5.127 30 80 1,200 100 80 240 45 45 83 83 58 58 5,230 83 5,313 6,857 RAISING FUNDS Unrestricted Fund5 Restricted Funds Endowment Funds Total 2024 Total 2023 FWO envelopes 440 440 421 440 440 421 13
Presbyter an CHURCHTOWN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTfi S TO THE ACCOUNTS (eont'd) CHARITABLE ACTIVITIES Unrestrieted Funds Restricted 'unds Endowment Funds Total 2024 Total 2023 Ministry and support staff costs Pr¢sbyt¢ry fees General assessment vents and catering expenses Stationery and teaching materials Publications Donations to missions and charities Congregation running costs 53,459 350 8,011 4,050 2.768 83 53.542 350 8.552 7,150 3.624 689 14,855 5,453 51,690 299 7,002 3,020 3,052 474 15,685 5,986 541 3,100 856 689 12,358 3,879 2.497 .574 72.709 21,506 94,215 87,208 OTHER EXPENDITURE Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Governance costs Repall's and maintenance Ulililies Equipment 2,162 4,473 9.188 234 4,353 2,396 8,826 9,188 807 2,367 15,125 9,590 3,712 807 15,823 5,394 21,217 30,794 FIXED ASSETS and CAPITAL EXPENDITURE Tlie congregation owns the Church building, Church hall and Church manse situated at Tamlaght Rd, Maghera BT46 5XW and the associated fixtures. fittings and equipment. These have an insurance value of £1,530,450 at the 3 1st December 2017. 10. TRANSFERS BETWEEN FUNDS At 31 S¢ December 2023, Progressive balances totalling £92,297 werc catcgorised as Endownment Funds. Upon review by the TIv5tee5, the origins of tbe funds placed Tho requiretllellt for the Charity to hold the funds for a specific purpose, and therefore the funds have now been reclassified as unrestricted. 14
an CHURCHTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) FUND BALANCES Fund Balance al Start Receipts Payment Surplus / (deficit) Transfer Balance at ei)d Unrestricted Funds Number l account Number 2 account Nuinber 3 a¢¢ount Progressive I Progressive 2 Progressive 3 Progressive 4 65,708 86.636 84,599 2,037 (1,070) 40,696 66,675 40,696 39,874 44,814 39,390 4,857 2,184 1,895 162 552 4,373 484 2,184 1,895 162 552 42,630 (1,895) 3,166 7,700 3,328 8,252 105,098 96,286 88,972 7,314 91,227 203,639 Restricted Funds Number l account Number 2 account Youth fellowship Men'5 fellowship Friendship group Sabbath School pw Boys tjrigade 148 153,559 415 390 971 15.875 2,367 1,916 12.091 45,368 135 12,016 35.137 577 142 559 1,505 3,339 3,602 75 10,231 (442) (142) (181) 244 223 163,790 473 248 790 16,269 2,371 ,600 500 378 1,749 3,343 2.866 150 (736) 420 175,641 65,930 56,877 9.053 1,070 185,764 Eiidoivment Funds Progi'essive I Progressive 2 Progressive 3 Progressive 4 Progressive 5 42,630 38,801 3.166 7.700 9.135 (42,630) (38,801) (3,166) (7,700) 468 468 9,603 101,432 468 468 (92,297) 9,603 Total 382,171 162,684 145,849 16,835 399,006 15