First Ball mone Con re ation Of The Presb erian Church In Ireland STATEMENT OF FINANCIAL AcfiviTY (RECEIPTS AND PAYMENTS ACCOUNT} FOR YEAR ENDED 31 DECEMBER 2024 NOTE UNRESTRicfED REsfRicfED ENDOWMEI TOTAL TOTAL FUNDS FUNDS FUNDS 2024 2023 Receipts Donations & legacies Charitable activities Other trading activities Investment income Total receipts 113,832 1,727 44,466 6,199 158,298 7,926 164,597 13,611 6,870 122,429 1,726 52,391 296 296 8,893 175,117 4,195 182,403 Payments Raising funds Charitable activities Investment expenses 494 133,277 494 204,969 470 172,738 71,692 133,771 71,692 205,463 173,208 Purchase of investments Total payments 133,771 71,692 205,463 173,208 Net receipts/lpaymentsl Transfers between funds Net movement in funds {11,342) {700} {12,042} 119,301) 996 118,305} 296 (2961 (30,346) 10) 130,346) 9,195 19,547 Reconciliation of funds: Total funds brought forward Total funds carried forward 223,227 211,186 149.392 131.087 8,299 8,299 380.917 350,572 371,722 380,917 li 13
First Ball mone Con re ation Of The Presb erian Church In Ireland STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2024 UNRESTRICTED TOTAL TOYAL FUNDS FUNDS FUND5 2023 Funds Reconciliation Total fund5 brought forward Net movement in funds Total fund5 carried forward 223,227 112,0421 211,186 149,392 118,305) 131,087 8.299 380,917 130,3451 350,572 371,722 9,195 380,917 8,299 Bank & cash balances Bank, Building Society & cash balances 350,572 380,917 Other assets Fixed assets - note 9 Investments- note 10 2.147 2,132 Approved by the Kirk Session ai a meeiing on 31d fif 2025 and signed on its behalf by Jere Dated Murr Elaine Lee Dated c.3104 la 14
First Ball mone Con re ation Of The Presb erian Church In Ireland STATEMENT OF FINANCIAL AcfiviTY (RECEIPTS AND PAYMENTS ACCOUNT} FOR YEAR ENDED 31 DECEMBER 2024 NOTE UNRESTRicfED REsfRicfED ENDOWMEI TOTAL TOTAL FUNDS FUNDS FUNDS 2024 2023 Receipts Donations & legacies Charitable activities Other trading activities Investment income Total receipts 113,832 1,727 44,466 6,199 158,298 7,926 164,597 13,611 6,870 122,429 1,726 52,391 296 296 8,893 175,117 4,195 182,403 Payments Raising funds Charitable activities Investment expenses 494 133,277 494 204,969 470 172,738 71,692 133,771 71,692 205,463 173,208 Purchase of investments Total payments 133,771 71,692 205,463 173,208 Net receipts/lpaymentsl Transfers between funds Net movement in funds {11,342) {700} {12,042} 119,301) 996 118,305} 296 (2961 (30,346) 10) 130,346) 9,195 19,547 Reconciliation of funds: Total funds brought forward Total funds carried forward 223,227 211,186 149.392 131.087 8,299 8,299 380.917 350,572 371,722 380,917 li 13
First Ball mone Con re ation Of The Presb erian Church In Ireland STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2024 UNRESTRicfEO REsTricfED ENOOWMEP TOTAL TOTAL FUNDS FUNDS FUNDS 2024 2023 Funds Reconciliation Total funds brought forward Net movement in funds Total funds carried forward 223,227 {12,0421 211,186 149,392 118,3051 131,087 8,299 380,917 130,345) 350,572 371,722 9,195 380,917 8,299 Bank & cash balances Bank. Building Society & cash balances 350,572 380,917 Other assets Fixed assets- note 9 Investments- note 10 2,147 2,132 Approved by the Kirk Session at a Meeting on 2025 and signed on its behalf by Jeremy Murray Dated Elaine Lee Dated 14
First Ball mone Con re ation Of The Presb erian Church In Ireland NOTES TO THE ACCOUNTS 31 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 provision in The Charities {Accounts and Reports Regulations (Northern Ireland) 2015 to prepare its accounts on a receipts and payments basis. FUND ACCOUNTING Endowment funds are funds, the capital of which must be retained either permanently or at the congregation's discretion: the income derived from the endowment is to be used either as restritted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place. Restricted funds comprise {al income from endowments which is to be expended only on the restritted purpose5 intended by the donor and Ibl revenue donations or grants for a specific congregational 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 basis. Unrestricted funds are income funds which are to be spent on the congregation's general purposes. Designated funds are general funds set aside by the congregation for use in the future. DONATIONS & LEGACIES UNREsTricfED RESTRICTED ENDOWMENT TOTAL TOTAL FUNDS FUNDS FUNDS 2024 2023 Recorded giving Other collertions Donations and gifts Legacies Gift Aid 92.754 1,358 33.323 559 3.932 126.077 1,917 3.932 1,000 25.372 158,298 132,426 2,003 11,150 19.720 113.832 5.652 44.466 19,018 164,597 15
First Ball mone Con re ation Of The Presb erian Church In Ireland NOTES TO THE ACCOUNTS 31 DECEMBER 2024 CHARITABLE ACTIVITIES uNREsTRlED RESTRicfED ENDOWMENT TOTAL TOTAL FUNDS FUNOS FUNDS 2024 ZOZ3 Organisation income Grants Magazine subscriptions Miscellaneous income 4,365 800 4,365 800 5,713 6,400 574 485 485 1,242 1,727 1,034 6,199 2,276 7,926 2,215 14,902 OTHER TRADING ACTIVITIES uNREsTRlED RESTRicfED ENDOWMENT TOTAL TOTAL FUNDS FUNOS FUND5 2024 ZOZ3 Trading income INVESTMENT INCOME uNREsTRlED RESTRicfED ENDOWMENT TOTAL TOTAL FUNDS FUNOS FUNDS 2024 ZOZ3 Bank and Building Society intere Dividend 6,755 115 1,726 296 8,777 115 4,154 41 6,870 1,726 296 8,893 4,195 16
First Ball mone Con re ation Of The Presb erian Church In Ireland NOTES TO THE ACCOUNTS 31 DECEMBER2024 RAISING FUNDS UNREsfRicfED REsfRicfED EP4DOWMEpir TOTAL TOTAL FUNDS FUMDS FUflDS 20211 2023 FWO envelopes 494 494 470 494 494 470 CHARITABLE AcfiviTIES UNREsfRicfED REsfRicfED EP4DOWMEMr TOTAL FUMDS FUMDS FUPIDS 20211 2023 General Assembly Assessments Presbytery fees Ministry & support staff costs Congregational running expenses Donations to missions & charities 12,539 718 12,539 718 11,543 683 93.471 170 93,641 95,807 26.490 57,522 84,012 50,269 60 133,277 14,000 71,692 14,060 204,969 14,436 172,738 INVESTMENT EXPENSES UNREsfRicfED REsfRicfED EP4DOWMEMr TOTAL TOTAL FUNDS FUNDS FUNDS 20211 2023 Investment expenses 17
First Ball mone Con re ation Of The Presb erian Church In Ireland NOTES TO THE ACCOUNTS 31 DECEMBER 2024 FIXED ASSETS The congregation owns the church premises situated at Meetinghouse Street, Ballymoney and manse situated at 87 Charlotte Street, Ballymoney, together with the associated fixtures, fittings, plant and machinery. These have an insurance value of £6,290,871 { 2023 £6,089,904) 10 INVESTMENTS The congregation has the following investments. Amounts are shown at market valuation: 2024 2023 298 Bank of Ireland Ordinaryshares 2,147 2,132 18
First Ball mone Con re ation Of The Presb erian Church In Ireland NOTES TO THE ACCOUNTS 310ECEM8ER 2024 li FUND BALANCES FUND PAVNENf5 TRANSFER SURPLUSI BALANCE AT5TART DEFur ATEND Unrestricted funds General Fund Progressive Investment Reserve Fund Ulster Bank Bequest Funds Danske Bank Bequest Funds National Savings Bequest Fund General Reserve Money Desk Fund 36,011 66,983 22.555 86,344 1,324 10,012 115.674 2,391 952 2.995 io 133.771 26,719 17,001 8,378 2.391 952 2.995 io 10.012 27,633 69.374 23,507 89,339 1,334 10.841 42 10.841 42 15,839 26,257 223,228 122.429 133,771 53,441 54,141 12,041 211,186 Restrirted fund5 Sunday School (Jigsaw Fund) Building & repair Youth pw 305 83.327 I,sE 3.234 696 I.iM)5 1.1 20 31.395 1.385 3.079 951 10.182 1.834 379 720 51.819 2.070 796 96 19,424 685 531 75 401 63.903 875 2,703 771 945 1.555 I,0 MÈÈting House United Appe31 World Development Appeal Harvest Appeal for CAP Fund Ministry @ First Mother & Toddlers (First Friends) Fund N3tion31 Savings Designated Investment Fund Ulster Bank Bequest Fund 876 10.242 1.379 379 830 768 455 170 52 173 1,478 18.305 1.234 124 22,589 35,988 131.087 176 22.415 34,510 149.392 516 173 1.478 52.391 21M) 71.692 1,996 1,000 Endowrnentfunds Progre55ive BS 8.299 296 296 8,299 8.299 296 296 8,299 Total 380,918 175,117 205.463 55,437 55,437 30.346 350,572 19
First Ball mone Con re ation Of The Presb erian Church In Ireland NOTES TO THE ACCOUNTS 31 DECEMBER 2024 12 RELATED PARTY TRANSACTIONS One of the trustee5, the minister of the congregation received remuneration of £42,544.55 and expenses of £8,459.74 for acting in that capacity. Pension contributions of £10,211.25 were paid by the congregation in respect of the minister to the Presbyterian Church in Ireland Pension Scheme One of the trustees, received remuneration of £916.80 for acting in the capacity of the Worship Co Ordinator and £83.00 for providing Pulpit Supply None of the other Trustees received any remuneration or expense5 during the year in connection with their duties. During the year the Congregation contributed the following amounts to the fur)d5 of the General Assembly of the Presbyterian Church in Ireland, a separate charity 2024 2023 Congregational Assessment United Appeal World Development Moderator's Ukraine Appeal PW (Donations to PCI) 12,539 10,242 1,379 11.543 10,807 1,308 48 1,700 2,000 The Congregation also made payment to the Route Presbytery of £718. 20
First Ball mone Con re ation Of The Presb erian Church In Ireland STATEMENT OF FINANCIAL AcfiviTY (RECEIPTS AND PAYMENTS ACCOUNT} FOR YEAR ENDED 31 DECEMBER 2024 NOTE UNRESTRicfED REsfRicfED ENDOWMEI TOTAL TOTAL FUNDS FUNDS FUNDS 2024 2023 Receipts Donations & legacies Charitable activities Other trading activities Investment income Total receipts 113,832 1,727 44,466 6,199 158,298 7,926 164,597 13,611 6,870 122,429 1,726 52,391 296 296 8,893 175,117 4,195 182,403 Payments Raising funds Charitable activities Investment expenses 494 133,277 494 204,969 470 172,738 71,692 133,771 71,692 205,463 173,208 Purchase of investments Total payments 133,771 71,692 205,463 173,208 Net receipts/lpaymentsl Transfers between funds Net movement in funds {11,342) {700} {12,042} 119,301) 996 118,305} 296 (2961 (30,346) 10) 130,346) 9,195 19,547 Reconciliation of funds: Total funds brought forward Total funds carried forward 223,227 211,186 149.392 131.087 8,299 8,299 380.917 350,572 371,722 380,917 li 13
First Ball mone Con re ation Of The Presb erian Church In Ireland STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2024 UNRESTRicfEO REsTricfED ENOOWMEP TOTAL TOTAL FUNDS FUNDS FUNDS 2024 2023 Funds Reconciliation Total funds brought forward Net movement in funds Total funds carried forward 223,227 {12,0421 211,186 149,392 118,3051 131,087 8,299 380,917 130,345) 350,572 371,722 9,195 380,917 8,299 Bank & cash balances Bank. Building Society & cash balances 350,572 380,917 Other assets Fixed assets- note 9 Investments- note 10 2,147 2,132 Approved by the Kirk Session at a Meeting on 2025 and signed on its behalf by Jeremy Murray Dated Elaine Lee Dated 14
First Ball mone Con re ation Of The Presb erian Church In Ireland NOTES TO THE ACCOUNTS 31 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 provision in The Charities {Accounts and Reports Regulations (Northern Ireland) 2015 to prepare its accounts on a receipts and payments basis. FUND ACCOUNTING Endowment funds are funds, the capital of which must be retained either permanently or at the congregation's discretion: the income derived from the endowment is to be used either as restritted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place. Restricted funds comprise {al income from endowments which is to be expended only on the restritted purpose5 intended by the donor and Ibl revenue donations or grants for a specific congregational 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 basis. Unrestricted funds are income funds which are to be spent on the congregation's general purposes. Designated funds are general funds set aside by the congregation for use in the future. DONATIONS & LEGACIES UNREsTricfED RESTRICTED ENDOWMENT TOTAL TOTAL FUNDS FUNDS FUNDS 2024 2023 Recorded giving Other collertions Donations and gifts Legacies Gift Aid 92.754 1,358 33.323 559 3.932 126.077 1,917 3.932 1,000 25.372 158,298 132,426 2,003 11,150 19.720 113.832 5.652 44.466 19,018 164,597 15
First Ball mone Con re ation Of The Presb erian Church In Ireland NOTES TO THE ACCOUNTS 31 DECEMBER 2024 CHARITABLE ACTIVITIES uNREsTRlED RESTRicfED ENDOWMENT TOTAL TOTAL FUNDS FUNOS FUNDS 2024 ZOZ3 Organisation income Grants Magazine subscriptions Miscellaneous income 4,365 800 4,365 800 5,713 6,400 574 485 485 1,242 1,727 1,034 6,199 2,276 7,926 2,215 14,902 OTHER TRADING ACTIVITIES uNREsTRlED RESTRicfED ENDOWMENT TOTAL TOTAL FUNDS FUNOS FUND5 2024 ZOZ3 Trading income INVESTMENT INCOME uNREsTRlED RESTRicfED ENDOWMENT TOTAL TOTAL FUNDS FUNOS FUNDS 2024 ZOZ3 Bank and Building Society intere Dividend 6,755 115 1,726 296 8,777 115 4,154 41 6,870 1,726 296 8,893 4,195 16
First Ball mone Con re ation Of The Presb erian Church In Ireland NOTES TO THE ACCOUNTS 31 DECEMBER2024 RAISING FUNDS UNREsfRicfED REsfRicfED EP4DOWMEpir TOTAL TOTAL FUNDS FUMDS FUflDS 20211 2023 FWO envelopes 494 494 470 494 494 470 CHARITABLE AcfiviTIES UNREsfRicfED REsfRicfED EP4DOWMEMr TOTAL FUMDS FUMDS FUPIDS 20211 2023 General Assembly Assessments Presbytery fees Ministry & support staff costs Congregational running expenses Donations to missions & charities 12,539 718 12,539 718 11,543 683 93.471 170 93,641 95,807 26.490 57,522 84,012 50,269 60 133,277 14,000 71,692 14,060 204,969 14,436 172,738 INVESTMENT EXPENSES UNREsfRicfED REsfRicfED EP4DOWMEMr TOTAL TOTAL FUNDS FUNDS FUNDS 20211 2023 Investment expenses 17
First Ball mone Con re ation Of The Presb erian Church In Ireland NOTES TO THE ACCOUNTS 31 DECEMBER 2024 FIXED ASSETS The congregation owns the church premises situated at Meetinghouse Street, Ballymoney and manse situated at 87 Charlotte Street, Ballymoney, together with the associated fixtures, fittings, plant and machinery. These have an insurance value of £6,290,871 { 2023 £6,089,904) 10 INVESTMENTS The congregation has the following investments. Amounts are shown at market valuation: 2024 2023 298 Bank of Ireland Ordinaryshares 2,147 2,132 18
First Ball mone Con re ation Of The Presb erian Church In Ireland NOTES TO THE ACCOUNTS 310ECEM8ER 2024 li FUND BALANCES FUND PAVNENf5 TRANSFER SURPLUSI BALANCE AT5TART DEFur ATEND Unrestricted funds General Fund Progressive Investment Reserve Fund Ulster Bank Bequest Funds Danske Bank Bequest Funds National Savings Bequest Fund General Reserve Money Desk Fund 36,011 66,983 22.555 86,344 1,324 10,012 115.674 2,391 952 2.995 io 133.771 26,719 17,001 8,378 2.391 952 2.995 io 10.012 27,633 69.374 23,507 89,339 1,334 10.841 42 10.841 42 15,839 26,257 223,228 122.429 133,771 53,441 54,141 12,041 211,186 Restrirted fund5 Sunday School (Jigsaw Fund) Building & repair Youth pw 305 83.327 I,sE 3.234 696 I.iM)5 1.1 20 31.395 1.385 3.079 951 10.182 1.834 379 720 51.819 2.070 796 96 19,424 685 531 75 401 63.903 875 2,703 771 945 1.555 I,0 MÈÈting House United Appe31 World Development Appeal Harvest Appeal for CAP Fund Ministry @ First Mother & Toddlers (First Friends) Fund N3tion31 Savings Designated Investment Fund Ulster Bank Bequest Fund 876 10.242 1.379 379 830 768 455 170 52 173 1,478 18.305 1.234 124 22,589 35,988 131.087 176 22.415 34,510 149.392 516 173 1.478 52.391 21M) 71.692 1,996 1,000 Endowrnentfunds Progre55ive BS 8.299 296 296 8,299 8.299 296 296 8,299 Total 380,918 175,117 205.463 55,437 55,437 30.346 350,572 19
First Ball mone Con re ation Of The Presb erian Church In Ireland NOTES TO THE ACCOUNTS 31 DECEMBER 2024 12 RELATED PARTY TRANSACTIONS One of the trustee5, the minister of the congregation received remuneration of £42,544.55 and expenses of £8,459.74 for acting in that capacity. Pension contributions of £10,211.25 were paid by the congregation in respect of the minister to the Presbyterian Church in Ireland Pension Scheme One of the trustees, received remuneration of £916.80 for acting in the capacity of the Worship Co Ordinator and £83.00 for providing Pulpit Supply None of the other Trustees received any remuneration or expense5 during the year in connection with their duties. During the year the Congregation contributed the following amounts to the fur)d5 of the General Assembly of the Presbyterian Church in Ireland, a separate charity 2024 2023 Congregational Assessment United Appeal World Development Moderator's Ukraine Appeal PW (Donations to PCI) 12,539 10,242 1,379 11.543 10,807 1,308 48 1,700 2,000 The Congregation also made payment to the Route Presbytery of £718. 20