an Second Broughshane Congregation of the Presbyterian Church - a congregation of the Presbyterian Church in Ireland Trustees Annual Report and Financial Statements for the year ended 31 December 2023 Registered with the Cbarity Commission for Northern Ireland (NICIO5379)
Presbyter an SECOND BROUGHSHANE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT The Trustees present their Annual Report and Financial Statemenls for the year ended 31 December 2023 including a Balance Sheet as at that date. REFERENCE AND ADMINISTRATIVE DETAILS Secoiid Bi'oughshan¢ Congregation of the PresbyTrrian Church in Ireland 5 Raceview Road Broughshane BT42 4JL Regist¢r¢d Charity in Northern Ireland (NIC105379) CHARITY TRUSTEES The Charity Trustees who served during the year or who were trustees at the date of this report were: William Smyth Colin Kennedy Robert Clifford Ross Rev Jeffrey Blue John Maurice Ellis Robeit Mccullough Reid Stephen Brian Livingston James Turtle Geoffrey Stirling Gavin Lowl'y Ivor Hutchinson John Kernohan Leonard Fenton Deirdre Humphreys John Purdy W. George Humphreys Samuel George Smyih Andrew Brown Kenneth George McGall Mark Bealtie Colville James George Elliott Gordon David Rea lan Logan INDEPENDENT EXAMINER lan Johnston A.F.A. Slevensoii and Wilson Charlered Account<ints 22-30 Broadway Avenue Ballymena Northern Ireland BT43 7AA BANKEIIS Danske Bank Ballymena 1- 2 Elallymena Co. Antrim BT43 7PE SOLICITORS Samuel Cumming & Son Solicitois 39 Ltnenhall Street Ballymena
an SECOND BROUGHSHANE CONGREGATION OF THE PRESBYtERIAN CHURCH IN IRELAND TRuSTEs ANIYUAL REPORT (cont'd) STRUCTURE AND MANAGEMEiYr The Kirk Session The charity trustees of the congregation are the members of its Kirk Session. Under the congregation's governing document, The Code, the book of the constitution and government of the Presbyterian Church in ITeland, the Kirk Session seeks lo watch over and promote the spiritual inlerest of the congregation and of persons not connected with any congregation who are within ils bounds. It ensures pastoral care is in place in the congregation and seeks to further the contribution of the Church lo Christian witness and service in the local community. The Kirk Session has delegated to its Congregational Committee the temporal affairs of the congregation including administering all funds and property belonging to th¢ congregation. Members of the Kirk Session are ex-officio members of the Congregational Cominittee. The Kirk Session consists of the ordained minister and the ruling elders of the congregation. All rneinbeT5 are cntitled to propose, speak and exercise equal votes at meelings, except that th¢ Moderator, the minister in active duty in the congregation, has no deliberative but only a castin8 Vote. Stated meetings of the Kirk session are held at least 4 times per year. To be chosen for the oifice of the eldership in the congregation a person must be a voting member and a regular attendant at its ordinances. The selection of those proposed lo be called to the office can be either by the congregatioii or by the Kirk Session. Members are elected if they obtain two-thirds of those who vot¢. Presbytery Under the Presbyterian Church in Ireland forni of goveTnance the cory)orate oversight of a congregation is the responsibility of a Presbytery which superintends generally the spiritual and temkx)ral affairs of the congregations assigned lo it by the General Assembly of the Presbyierian Church in Ireland. Second Broughshane Presbyterian Church has been assigned to the Ballymena Presbytery of the Presbyterian Church in Ireland. The membership of the Presbytery consists mainly of the active ministers of congregations assigned to il by the General Assembly, minsters who have retired from aclive duty and an elder appoinled by the Kirk Session of each congregation. The General Assembly The General Assembly is the supreme court of the Church, representing in one body the whole Church and acting as its supreine legislative, administration and judicial authority. in dealing with all malters bi'ought before it. The Ge]1.a1 Assembly is normally constituted during the first week in June for worship and io conduct its business. At the end of busiiiess it is dissolved. The membership of the General Assembly consists mainly of the active minister of each coiigregation, retired minsters and a representative elder appointed by the Kirk Session of each congregation.
an SECOND BROUGHSHANE CONGREGATION OF THE PRESBITERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) DCI SCRIPTION AND PURPOS Second Broughshane Presbyterian Church is a congregation of ihe Presbyterian Church in Ireland. The Presbyterian Church in Ireland, as a Refomied 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 to enable her members to play Iheir part in fulfilling God's mission to our world. Th¢ congregation's mission plan is outlined below.. Second Broughshane ts a congregation of approximat¢ly 340 families set in a village of about 1,500 houses, population circa 4,000. In line with General Assembly guidelines and following the pattern of Mission Plan outlined by Ballymena Presbytery the Kirk Session of Second Broughshane have adopted the following Congregational Mission Plan. Recognising the command of our Lord Jesus Christ to "Go into the world and preach the Gospel" we would acknowledge our dlity and responsibility to comply with that command. Following the outpouring of the Holy Spirit at Penl¢cosl, the disciples of Jesus were the first to 'GO' preaching the good news about Jesus Christ to Jew and Gentile. Beginning at Jerusalem, a great many were converted to Jesus Christ and "they devoted themselves lo the apostles leaching and fellowship, to the breaking of bread and prayerf, (Acts 2.42). Furthern]ore, we note how "The Lord added to their number daily those who were being saved." The command of Jesus and the pattern of the early church is our Biblical basis for Mission. Content for Mission As laught in the Shorter Catechism, "Man'5 primary purpose is to glorify God and enjoy Him forever" In order to glorify God we would desire to demonstrate God as revealed in the scripture: to proclaim His purpose and work as creator. and Sovereign l.ord; to preach of His love for souls as is wonderfully announced in John 3..16 "For God so loved the world that He gave His only Son that whosoever believes ID Hun should not perish but have everlasting life." Further to this we commend Jesus Christ, God's Son as Lord of all. the only redeemer of God's elect. the one who came into the world to save sinners by means of His death upon the cross of Calvary. As risen Lord He has taken His place in glory awaiting the ¢onsummation of this present age and bringing in the final day of judgement as he ushers in the new heaven and new earth where redeemed souls shall live forever in the presence of Iheir Lord. Context for Mission In the days following Christ thc apostles went about preaching and establishing Ihc church. We note how the Apostle Paul founded a church in every town and village as he journeyed. Through his letter5 he has, by the Holy Spirit's wisdom and gi'ace, given to the church the clear principles and paltems for church govemment, life and witness. We acknowledge that we are a part of the universal church of Jesus Christ Sltuated in the village of Broughshane with a responsibility to be the light of the world in this area and district. notwithstanding the presence of sister congregations in the neighbourhood with whom we would seek to work in harmony as opportunity allows. As Christ Jesus came Into the world so we believe that we are in the world as His ambassadors and it will be our prayer that we might be 'light and salt, as we live, work and witness here for the glory of God.
Presbyter an SECOND BROUGHSHANE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) Contaet for Mission As the Church of Christ, it is our duty to reach out into the community where we are with the gospel. We must endeavour to make an impact for Christ in this locality. This requires the faithful ministy of the word of God through the various limbs of the congregational body; connecting with th¢ Community in projects that minister to it's need5. bringing all to God in consistent prayer. The early church shows us how to 'do Church,. (Acts 2'.4247) l. Their love for the word of God. (Apostles teaching) 2. Their enjoyment of Christian fellowship. 3. Their observance of the sacraments. 4. Their commitment to prayer. 5. Their concern for one another. 6. Their zeal for evangelism Our response: l. We commend, cherish and uphold the preaching and teaching of the Word of God as the primary tool of evangelism and the means for building up the body of Clirist. 2. We want lo encourage regular attendance at church seivices and are convinced that the local church is, under God, the ordained means for nurturing believcrs, training in godliness and equipping for service. 3. Obsei'vance of the sacrdments and participation in the same is the solemn responsibility of Kirk Session. Those outside of the family of God should be discouraged from participatiOD until they have come lo a saving knowledge of Jesu5 Christ thi'ough spiritual new birth. Believers will be encourd8ed to participate in the Lords, Supper and to present children for baptism in keeping with the covenant promise of God. Session will exercise prayerful oversight at all times being gracious and mei'ciful in matters of discipline as may be required. 4. Prayer is an essential part of Christian life both personally and corporately. Every effort WAII be made to encourage Christian people to meet for prayer. It is a blessing to share in prayer with others, sharing burdens, praying for thc lost of our district and upholding the work of God's kingdom at home and overseas. 5. Not only would we want to have a practical concern for all OUT members, but we consider it a vital part of church i'esponsibility to be concerned for those in our community who have personal needs. We must endeavour to look out and reach out to the stranger at our door, who migbt even be the person next door, to whom we can bring help both practically and spiritually. W¢ want to recognise the importance of social action and care. 6. Evangelism is a necessary part of the church- indeed, every Christian is an evangelist. We must carry the gospel with us as witnesses for Chiist always ready to give a reason for the hope Ihat is in us. Zeal for evangelisin is the fruil of our joy of salvation in ChrÈ5t.
Presbyter an SECOND BROUGHSHANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) The basic work of the Christian church is to preach or Share the gospel of Jesu5 Christ in the power of the Holy Spirit, and to See people converted, transfornied and growing to maturity in that gospel. Jesus said, 'Go and make disciples" We need to be pro-active in this task of making disciples. W¢ are to cany the torch of truth that has been handed down through generations. Sharing the gospel by word and deed is our centt71 task in our homes, neighbourhood and church. Our goal for God is that we would make disciples who are genuine followers of Jesus Christ. and not merely be anxious about numbers attending. What we are doing: Youth organisations for all the community: Boys Brigade, Girls Brigade. Youth Club, Youth Fellowship (SEED) Children's work includes Seniors Sunday School. Kid's church, Kids Corner (Sunday evening5) and Suinmer Holiday Bible club, Junior Christian Endeavour. Organisations for adulis Bible Study Groups P.L.A.Y. Mother and Children's group, drawing from the village and district area. Young Adults. . Th¢ Cornerstone.. 'caf¢' Style coffee morning is an open door to welcome all an outreach to the neighbourhood. A 'Care Team, provides contact with Confed elderly members and brings meals to families in times of illness or pressure. An annual 'Funday' attracts large numbers from the community, an opportunity to share our Christian friendship and faith, and to invite to church services, organisalions and events. ' Messy Church, on a Sunday before Christmas contacting families in the area and is very well supported. Our future plans: We aim to develop fresh ways of reaching out to the local community through visitations and by means of evenls intended to invite and attract more people to 'come and see for themselves. that the church is active today and the gospel is both meaning1 and relevant for all. While recognising that our primary work rests within the context of our local church setting, we nonetheless believe wholeheartedly in the work of mission at large. We will seek to encourage support and actively be involved in worldwide mission. Opportunilies prevail for short-term mission teams and there is much to commend these. It is however our prayer that God will be pleased to call and us¢ some from our congregation An the greater service of mission overseas as a vocation. It is an honour for a congregation to be the 'sending chub, and to be active in support of those who 'go' in God's name to do Flis work. To His great nanie be all praise honour and glory.
Presbyter an SECOND BROUGHSHANE CONGREGATION OFTHE pREsBER1AN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) ACTIVITIES AND OBJECTIVES The congregation meets for worship every Sunday and visitors are welcome to join. The Sacramenl of the Lords Supper is observed on several occasions during the year and all those who have been baplised and who have made a profession of faith in the Lord Jesus Christ are admitted to the Lord's Supper. The congregation holds regular bible study meetings and has a wide range of organisations and activities including: Sunday School, Children's Church, Kids Corner (Sunday evenings) and Summer Holiday Bible Club J3owing Club Girls Brigade Boys Bi'igade Young Adults Junior Chi'islian Endeavour Sunshine Hour (for older people) Woinen Together Just Sew (sewing group) Bible Study Group5 P.L.A.Y. - Mother and Children's group. The Comerslone. cafc, Style coffee Inorning is an open door to welcome all and is an outreach to the neighboui'hood. Annual "Messy Church" - Annual summer"Funday" More detai15 are shown in the "Organisations" section of this report. ACHIEVEMENTS AND PERFORMANCE Worship and prayer The congregation were very glad that 2023 represented the rst full year since Covid when worship and organisatioi)s were able to rcturn largely lo nornial. It also represented the firsl full year of ministy and service of our new minister, Rev Jeffrey Blue, who had been installed in August of the previous year. Rev Blue has been very faithful and committed in pi'omoting the advancement of the good news of Ihe gospel within our congregational context. Worship services are held both on Sunday mornings and evenings and a mid-week teaching and prayer meeting is held on Wednesday evenings. A highlight of the year was a uniled leaching week at Easter time when 3 other local congregations join¢d with us to celebrate and learn from the Easter message. Our special speaker was the Rev Dr Stafford Carson. I marriage was conducted during the year and cotnfort and support was provided to those bereaved. At 31 December 2023 there were 237 communicant members and 335 famTlies connected with the congregation. Pastoral car¢ Membei's of the congregation who are unable to attend church due to sickness or age are visited on a regular basis by the tninister or one of the elder5 and supported by members of the congregation. The congregation also has a pastoral visitor who makes contact through weekly telephone calls to the sick alld housebound.
an SECOND BROUGHSHANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) Mission and outreach At a local level Ihe congregation acknowledge tELat we are part of ihe universal church of Jesus Christ SIated in the village of Broughshane with a responsibility to be the light of the world in this ar¢a and district; notwithstanding the presence of sister congregatiOTJS in the neighbourhood with whom we would seek to work in hannony as opportunity allows. The congregation supports the United Appeal for Mission which is a central fund of the Presbyterian Church in Ireland. I'his fund enables congregations to support the wider mission of ihe denomination and to do mission and outr¢acb on denominational basis beyond what the congregation could do on its own. The United Appeal Fund provides fanCIal support for mission personnel at home and overseas. assists congregations with the deployment of locally based staff, enables church planting, provides grant support for the upkeep of church preinises, assist with the running costs of Union Theological Coll¢ge, the Church's trdining college for ministry students, and financially supports congregation in the areas of woi'ship, discipleship, global mission, outreach, leadership and pastoral care. The congregation made fmancial contributions towards a number of different missionary organisations and mission personnel throughout the year. The congregation regularly prays for these organisations at Sunday services and the midweek prayer meeting. Missionaries from the congregation are currently serving with Hamsayeh International. The congregation is informed of their work through regular updates in written form and through updates given in church services. Young people from the congregation usually serve on mission teams in the summer months both at home and overseas. Presbytery The ¢ongr¢gation was represented al the regular meetings of Presbytery by our minister and l or one of the elders. This provides an important link between the congregations and the wkder structures of the church. General Assembly The minisler along with the representative elder attended tbe General Assembly in Belfast in June. Property The church building is in reasonable repair. the hall is in good repair. Organisations Youth Organisations for all the community.. BB for boys from 5 - 18 years. approximately 80 boys attend weekly GB for girls from 4 - 18 years- approximately l 00 girls atteThd weekly Youth Fellowship for young people aged I l upwards. 3pproximately 15 attend fortnightly Children's work includes Children's Church. Senior Sunday School and Bible Class. Also, Kids Corner (Sunday evening5)' Summer Holiday Bible Club and Junior Christian Endeavour. Organisations for adults including Bowling Club. Women Together, Young Adults and Jusi Sew. Bible Study Groups
Presbyter an SECOND BROUGHSHANE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEEI S ANNUAL REPORT (cont'd) P.L.A.Y. - Mother and Children's group. drawing from the village and district area. Approximately 30 children with parentlguardian attend. A 'Care Team, provide5 conlact with confined elderly members and brings meals to families in times of illness or pressure. An annual 'Funday' attracts large numbers from the community. an opportunity to share our Christian friendship and faith, and to invile to church services. organisations and events. 'Messy Church" on a Sunday before Christmas contacting families in the area which is very well supported. Volunteers 'rhe Trustees wish to acknowledge their deep appreciation of those who give freely of their time by serving on committees and helping with organisatiODS and other church activities. PUBLIC BCNEFIT STATEMENT The Presbyterian Church in Ireland meets the public benefit requirement by providing beiiefit to its members and the general public by making known the Christian Gospel of the Lord Jesus Christ through Ihe advanceinent of religion. The direct benefits which flow from the purposes of the Church include the gaining of an undcrstanding in Christian beliefs a5 set out in the Bible and in the Church's subordinate standards (the Westminster Confe55ion of Faith and the Shorter and Larger Catechisms) leading to spiritual and inoral development and oppoitunities for response to Bible teaching. In turn, this framework leads lo practical expressions of Chrisliai) beliefs and standards in the local community such as through the care of those in need (including the sick, disabled and bereaved). Genei'ally, the abovc benefits are delivered locally by congregations and their Inembers, or arc facilitated through presbyteries or are organi5ed and delivered centrally. Local delivery is facilitated by central resources in almost all cases. Public access is made known through the of noticeboards. printed material, press advertisemenl, websitcs, and social m¢dia or in other ways. Th¢ benefits are demonstralcd through regular evaluation of the services and infonnal and ad-hoc feedback froin members. their families. and mcinbers of ihc public. The purpose does not lead to hann. The only private bencfit flowii)g fi'om our purpose is related lo Ministers. Missionaries. Deaconesses, Irish Mission workers and Lay Agcnts who receive ben¢fits as a result of Iheir holding office or employment. However, this is incidental and necessary in order to fui'ther our charitable purpose. There ar¢ no other private benefils. The beneficiaries of this purpose are members, their families, other individua15 that the Presbyterian Church in Ireland is in direct and indirect contact with, Ihe community in which pastoral services are provided and other communities ihroughoutNorthem Ireland, the Republic of Ireland, and worldwide which benefit from our engagement with and support for both Christian and other secular organisations, charities and individual members of the public. The Kirk Session has had regard to the Charity Commissions public benefit requirement statutory guidance.
Presbyter an SECOND BROUGHSHANE CONGREGATION OF THE pREsBER1AN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) FINANCIAL REVIEW The congregation's main source of Income is members, contributions through the Weekly Freewill Offering. There were 231 contributors during ihe year [221 in previous year, 2022] donaling a total of £135,090 (£116,121 in previous year, 2022). Total income of the congregation during the year was £286,164 compared 10 £231,703 in the previous year. Total expenditure was £277,539 compared to £270,081 in 2022. STATEMENT OF TRUSTEF RESPONSIBILITIES The Trustees are responsible for preparing the annual report and the fll)ancial statements of the congregation in accordance with applicable law and generally accepted accounling practic¢. The Trustees are required to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the congregation and the fancIal activities for that year. In preparing the financial statements the Trustees are required to: select suitable a¢counling policies and then apply them consistently. and make judgemenls and estimates that are reasonable and prudent. and prepare the financial slalements on the going concern basis unless it is inappropriate to presume that the Funds will Continue in operation. The Truslces are responsible for keeping adequate accounting records ihat are sU1¢ient lo show and explain the congregation's transactions and disclose with reasonable accuracy at any lime ils financial position and enable th¢m to ensure that the financial slalemenls comply with the Statement of Recommended Practice "Accounling and Reportiiig by Cl)ariti¢s ( I sl January 2015)" They are also responsible for safeguarding the assets of the congregation and lienc¢ for taking reasonable steps for the prev¢nlion and detection of fraud and oiher irregularities. Going Concern The activities of the congregation are dependent on on-going contributions from its members. The Trustees are of the opinion that the congregation has suifIcient resources al the date of approval of these fmancial statements to meet commilments, which will arise in the year from the date of signing this report and subject to the continuing support from members to fund, on an on-going basis, the congregation's current activities and other financial commitments. Reserves Policy The Trustees have considered the level of unrestricled reserves that it is appropriate to hold, taking account of current and ongoing commitments. It is the aim of the Trnstees to hold unrestricted reserves equating to at least three months nonnal expenditure. At the year-end unrestricted reserves were £89.807 which is well in keeping with this policy. The 'lrustees
Presbyter an SECOND BROUGHSHANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) consider it prudent to hold reserves at this level as the funding of ils CUellt activities is dependent on the ongoing financial support of its members. Risk Review A review of major risks has been undertaken by ihe Tnjstees and systems and procedures implemented to manage 'denlified risks. The principal risks are in relation to the likelihood of reputational damage and fmancial risks associated with the expectation of on-going fmancial support from members. These risks are mitigated by the Trustees, and the Congregational Committee, regularly monitoring the various activities of the congregation at stated ineetings and by encoui'aging members in their regular giving. Approved by the Kirk Session at a meeting on 18th June 2024 and signed on ils behalf by: Ivor Hutchinson (Clerk of Session) Name: Rev Jefftey Blue Name: Date: Date: Signature.. Signature: ?/ 10
Presbyter an SECOND BROUGHSHANE CONGREGATION OF THE pREsBER1AN CHURCH IN IRELAND IIWEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF SECOND BROUGHSHANE CONGRII GATION OF THE PRESIIYTERtAN CHURCH IN IRELAND I report on the accounts of Second Broughshane Presbyterian Church for the year ended 31 December 2023, which are set out on pages 12 to 22. Respective responsibilities of charity trustees and examiner As the charity's truslees 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 accounts under section 65 of the Charities Acl follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the Charities Act state whether particular matters have come to my altenlion. Ilasis of independent examiner's report I have examined your charity accounts as required under section 65 of Ihe Charitie5 Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. My examination included a review of ihe accounting records kept by the charity and a comparison of ihe accounts pi'esenled with those records. 11 also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charlty trustees concerning any such matters. My rol¢ 15 to state whether any material matters have come to my attention giving me cause lo believe; l. That accounting records were noi kept in accordance with section 63 of the Charities Act 2. That the accounts do not accord wilh those accounting records 3. That the accounts do not comply with the accounting requirements of the Charities Act 4. That there is further infom)ation Deeded for a proper understanding of the accounts to be reached. Indepcndent examiner's statement I havc 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 Northem Ireland, I have found no matters that require drawing to your attention. lan Johnston (A.F.A) Stevenson and Wilson Chartered Accountants Date.. 18th June 2024 22-30 Broadway Avenue Ballymena BT43 7AA 11
Presbyter an SECOND BROUGHSHANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY FOR THE YEAR ENDED 31 DECEI MBER 2023 Note Unrestricted Funds Restricted Funds Total 2023 Total 2022 Income from: Donations and legacies Charitable activities Inveshnent income Other income 171,345 730 451 600 90,702 22.320 16 262,047 23.050 467 600 209,082 21,692 565 364 Total ineomes 173,126 l13.038 286,164 231,703 Expenditure on: Raising funds Charitable activities Other expenditure Purchase of fixed assels 885 137,890 27,081 885 194,952 81,702 785 145,588 88,514 35,194 57.062 54,621 Total expeiiditure 165,856 111,683 277,539 270,081 Net income l {expenditure) 7,270 1,355 8,625 (38,378) Transfers between funds (10,817) 10,817 Net movement in funds (3,$47) 12,172 8,625 {38,378) Funds broughi forward 93,354 3.363,243 3,456,597 3,494,975 riunds carried forward 89,807 3,375,415 3,465,222 3,456,597 12
an SECOND BROUGHSHANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND BALANCE SHEET AS AT 31 DECEMBER 2023 Notes Unrestricted Funds Restricted Funds Total Funds TotAI Funds 2023 2022 i ixed Assets Tangible assets 3,243,545 3,243.545 3,235,344 Total fixed assets 3,243,545 3.243,545 3,235,344 Current asset5 Debtors and prepayments Cash at bank and in hand 12 13 21,481 71,740 12.118 135,348 33.599 207,088 221,253 Total current assets 93,221 147,466 240,687 221,253 Current liabilities Creditors due within one year 14 3,414 15,596 19,010 Total current liabilities 3,414 15,596 19,010 Nct current assets 89,807 131,870 221,677 221,253 Total net IlS5ets 89,807 3,375,415 3,465,222 3,456,597 Fiinds of tlie charity Unrcstricted funds Rests'icled funds 15 15 89.807 89,807 3,375,415 93.354 3,363,243 3.375,415 Total charity funds 89,807 3J75,415 3,465,222 3,456,597 Approved by the Kirk Session at a meeting on 18th June 2024 and signed on its behalf by Name: Rev Jeffrey Blue Name: Ivor Hutchinson Date: 18 June 2024 Dat¢.. 18 June 2024 Signature.. Signature: 13
an SECOND BROUGHSHANE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTII S TO THE ACCOUNTS AS AT 31 DECEMBER 2023 ACCOUNTING POLICIES The principal accounting policies adopted, judgements and key source5 of estimation uncertainty in ihe preparation of the financial statements are as follows: BASIS OF FINANCIAL STATEMENTS 'I'he fLnanci&l slat¢ments have been prepared in accordanc¢ with Accounting and Reporting by Charities: Statement of Recommended Practice applioable to charilies preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Ireland (FRS 102) (etfective l January 2015) - (Charities SORP (FRS 102)). 'I'he fmancial statements have been prepai'ed under the historical cost convention except for investment assets, which are sl)own at mai'ket value. The financial statements include all transactions, assels and liabilitie5 for which the congitgation is responsible in law. They do not include the accounts of church groups that owe iheir affiliation to another body, nor thos¢ tl)at are inforinal galh¢rings of church members. FUND ACCOUNTING Restricted funds comprise revenue donations or grants for a specific congregational activity intended by the donor, Where these nds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average balance basis. Unrestricted funds are income funds which are to be spent on the congregation's general purposes. Designated funds are general funds set asid¢ by the congregation for use in the future. INCOMING SOURCES {1) Recognition of incoming resources These are included in the Stateinent of Financial Activities (SOFA) when: the congregation becomes enliiled to the resource5; the trustees are virtually certain they will receive the resources. and • the monetary value can be measured with suificient reliability. {11) Incoming r¢sourees iyith r¢l&ted expendilure Where incoming resources have re13ted expenditure {as with fundraising income) the incoming resources and elated expenditure are reported gross in th¢ SOFA. (iii) 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 gifts Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate. (v) Contractual income and performance related grants 'rhis is only included in the SOFA once the related goods or services have been delivered. 14
an SECOND BROUGHSHANE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) ACCOUNTING POLICIES (conl'd) (vi) Gifts in kind Gifts in kind are accounled for at a reasonable estirnate of their value to the charity or the amount actually realised. Gifts in kind for use by thc charity are included in the SOFA as incoming r¢sources when receivable. (vii) Donaled servlces and facilities These are only included in incoming resources (wilh an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the ¢stimated value to ihe charity of the service or facility re¢¢ived. (viii) Volunteer help 1.he value of any voluntary help received is not included ID the accounts bul is described in the trustees, annual report. (ix) Investment income This is included in the accounts when receivable. (x) Investment gains and losses This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing investmcnts to market value at the end of the year. EXPENDITURE AND LIABILITIES (i) Liability recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the congregation to pay out resources. {ii) Covernance costs These are shown within charltable activities and include the cosls of preparation and examination of accounts, the Costs of trustee meetings and cost of any legal advice to trustees on govemance or constitutional mattel's. Grants payable wilhout performance conditions Tliese are only recognised in the account5 when a commitment has been made and there are no conditions to be met relating to the grant which remain in Ihe control of the charity- ASSETS/(LIABILITIES) Taiigible Fixed Asset5 The assets of the Church comprise: Church building, stores and contents at Raceview Road, Broughshane Church hall building and contents at Ra¢¢view Road, Broughshane Manse at 3 Raceview Road. Broughshane 15
Presbyter an SECOND BROUGHSHANE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (CODt'd) ACCOUNTINC POLICIES (cont'd) Details of historical cost of the above assets purchased prior to l January 2018 are not available. This being the case all assets purchased prior to l January 2018 are included in the balance sheet at valualion at l January 2018. No depreciation has been pi'ovided on Ihesc assets as the current estimated residual value is not less than the carrying value and the r¢maining useful life cun'enlly exceeds 50 years. This will be reviewed regularly by the Trnstees From l January 2018 any tangible fixed assets purchased for use by the church are capitalised if they can be used for more than onc year, and cost at least £ 1.000. They are valued at cost or, if gifted, al the value to the charity on receipt. The Trustee5 liave agreed that any fix¢d asset addition with a value of less than £1,000 does not need to be shown as ass¢ls and will simply be written off as expenditure in Ihe year of purchase. Depreciation is recorded on all tangible fixed assets other than freehold land, at rates calculated to write off the cost, less cstimated residual value, of each asset over ils expected useful life as follows: Ftixlures, fittings and equipment 2¢ Straight line Computers, software and technical equipment 200/0 Straight line Cash and cAsh equivalents Cash and cash equivalenls include cash in hand, deposits held and oiher short-term highly liquid investmenls with maturities of Ihree months or less, Financial instruments Tlie Church only has fmancial assels and fmancial liabililies of a kind that qualify as basic fmancial instruments. Basis financial instruments are inffitially recognised at transaction price and subsequently measured at their settlement value. DONATIONS AND LEGACIES Unrestricted Funds Restricted Fund5 Total 2023 Tutal 2022 Recorded giving.. Loose collections Donations and gifts Gift Aid 3,634 135,090 32,621 4.420 68.488 17,794 8,054 203.578 50.415 2.058 173.458 33,566 171,345 90,702 262,047 209,082 16
Presbyter an SECOND BROUGHSHANE CONGREGATION OF THE PRESBYtERIAN CHURCH IN IRELAND NOTEI S TO THE AccourS (cont'd) CHARITABLE AcfiviTIES Unreslrieted Funds Restricled Funds Total 2023 Total 2022 Publicalions Other charitable activities Membership fees Grants 1,800 16,633 1,887 2,000 1,800 17,363 1,887 2,000 709 10.249 .734 9,000 730 730 22,320 23,050 21,692 INVESTMENT INCOMC Unrestricted Funds Restricted Funds Total 2023 Total 2022 Deposit interest 451 16 467 565 451 16 467 565 OTHER INCOME Unrestricted Funds Restricted Funds Totgl 2023 Total 2022 Refund from SSE Airtricity Enei'gy Support Scheme 364 600 600 600 600 364 COST OF RAISING FUNDS Unr¢stricted Funds Restricted Funds Total 2023 Total 2022 FWO envelopes Gift Aid envelope5 825 60 825 60 785 885 885 785 17
Presbyter an SECOND BROUGHSHANE CONGREGATION OF THE PREsBERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (Cont'd) EXPENDITURE ON CHARITABLE ACTIVITIES Unrestricted Funds Restricted Fund5 Totil 2023 Total 2022 General Assembly Ass¢ssm¢nts Pi'esbytery fees Ministry and support staff costs Congregational running expenses Donations to missions & charities Governance costs 23,739 563 89.280 11,329 8,200 4,779 3,743 27.482 563 89,280 15,382 57,280 4,965 20,835 602 58,220 17,822 45,655 2,454 4,053 49,080 186 137,890 57,062 194,952 145,588 OTHER EXPENDITURE Unreslricted Funds Restricted Funds TotAI 2023 Total 2022 Utilities Events & catering expenses Stationery & teaching materials Publications Other donations Repairs & maintenance Depreciation charge 21,211 885 948 1,840 700 1.497 2,016 5,755 912 1,260 23,227 6,640 1,860 3,100 700 44,125 2,050 23,445 1,027 344 1,675 2,500 59,523 42,628 2,050 27,081 54,621 81.702 88,514 EMPLOYEES 2023 2022 I mployment Costs Wages and salaries Soclal security costs Pension contributions Expenses allowances 62,654 6,422 9,792 6,701 40,604 2,952 3,484 2,384 85,569 49,424 Number of Fmployees The average number of employees during the year was: 2023 2022 Average number of employees There were no employees in receipt of employee benefits in excess of £60.000 18
Presbyter an SECOND BROUGHSHANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) io. PENSION COSTS The minister of the congregation is a memb¢r of the Presbyterian Church in Ireland Pension Scheme (2009). This is a scheme operated by the Presbyterian Church in Ireland, a separate regislered charity. The congregation pays an assessment to ihe Presbyterian Chiirch in Ireland equivalent to the employer's pension contribution for the Scheme and based on the stipend paid to the minister and the salary paid to the associate tninister. The Presbyterian Church in Ireland Pension Scheme (2009) is a funded Scheme of the defined benefit type, providing defined benefits based on career average re-valued salary. The Scheme has assets held in a separately administcred fund managed by a board of trustees. The Presbyterian Church and the Scheine Trustees have agreed a funding plan to ensure the Schem¢ is sU1¢ientIY funded to meel current and future obligations. A fornial schedule of conlribulions was drawn up on 25 November 2015 whereby the Presbyterian Church agreed lo pay from 31 December 2015 contribution5 of 2411/0 of pcnsionable salaries to cover the accrual of benefits for future service, expenses, Ihe C05t of insuring death in service benefits and funding the scheme deficit. The contributions made by the congregation during the year were: 2023 2022 Contributions 9.792 3,484 TANGIBLE FIXED ASSETS Buildings and Contents Total Costlvaluation As at 151 January 2023 Additions 3,235,344 10,251 3.235,344 10,251 As at 31. December 2023 3,245,595 3,245,595 Depreciation As at I st January 2023 Charge for the year 2.050 2,050 As a131. December 2023 2,050 2,050 Net Book Value 31. December 2023 3.243,545 3,243,545 Net Book Value 31" December 2022 3,235,344 3,235,344 19
an SECOND BROUGHSHANE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 12. DEBTORS 2023 2022 Gift Aid recoverable Other debtors 31.600 1,999 33.599 13. CASH AT BANK AND IN HAND 2023 2022 BatLk current accounts Cash in hand 206,988 100 221,153 loo 207,088 221,253 14. CREDITORS DUC WITHIN ONE YEAR 2023 2022 other creditors and accruals 19,010 19,010 20
an SECOND BROUGHSHANE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 15. FUND BALANCES AND RECONCILIATION OF FUNDS Fund Balance at start Ineome Costs Transfer Balance 8t end General 93,354 173.126 165,856 (10,817) 89,807 Unrestricted Fiinds 93,354 173,126 165,8S6 (10,817) 89,807 General Church building and contents Building Mission Cemetery Cemetery - Cash Bowling Club Junioi. CE Sunshine Flours Play Woman Togeth¢r S.E.T. BB GB Mid-week Fellowship Man 2 Man Catering Point Youth Club Youth fellowship - SNATCH 246 3,235,344 44.691 18,400 44,012 100 ,632 477 568 2,869 888 233 1,569 3,482 4,999 1.218 .435 993 87 22,788 23,101 2,050 35,984 25,173 8,380 2,166 10,251 1,000 3,191 2,099 3,243,545 38,467 28,418 42,857 100 1,301 716 28,760 32,000 7,225 133 (200) 270 (567) 752 3,159 715 2,693 2,906 1,352 (2) (232) (300) 9.430 6,399 7,911 4,981 2.788 4,900 4,996 (1,212) (3,191) 2.025 223 269 246 970 (87) Restricted Funds 3,363,243 113,038 111,683 10,817 3,375,415 Total 3,456,597 286,164 277,539 3,465,222 Analysis of elosing funds Unrestrictcd Funds Restrictcd Total Funds Funds 2023 Total Fund5 2022 Fixed assets Current assets cuellt liabilities 3,243,545 147,466 (15,596) 3,243,545 240,687 (19,010) 3,235,344 221,253 93,221 (3,414) Total funds 89,807 3.375,415 3,465,222 3,456,597 21
an SECOND BROUGHSHANE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 16. RELATKD PARTY TRANSACTIONS Rev. Jeffrey Blue is a trustee of the church. In his capacity as the minister ofthe congregation he received remuneration of £40.798, an expenses allowance of £6,701 and mileage reimbursement of £1,097. Pension contributions of £9.792 were also paid by the congregation in respect of him to the Presbyterian Church in Ireland Pension Scheme (2009). Employer's NIC of £5,368 was paid to the Presbyterian Church in Ir¢land for the ministcr. None of the otber tNstees received any r¢mun¢ration. The following Trustees received amounts in reimbursement for expenses they incurred in connection with their duties during the year as follows.. 2023 2022 Mark Beattie lan Logan Rcv. Jeffrey Blue Clifford Ross Colville Elliott Ivor Hulchinson 1,017 2.210 683 98 115 503 1,187 Expenditure in the Statement of Financial Activity includes the following amounts to funds of the General Assembly of the Presbyterian Church in Ireland, a separate charity: 2023 2022 Assessments United Appeal Moderator's Appeal 13,947 13,753 2,732 13,669 12,102 3,790 The congregation contributed £562 (2022.. £602) towards Presbytery Assessments during the year. There were no other related party transactions. 17. CAPITAL COMMITMENTS There were no capital commitments at the balance sheet date. 22