Presbyter
an
HARRYVILLE PRESBYTERIAN CHURCH
STATEMENT OF FINANCIAL ACTIVITY
for the year ended 31 December 2024
Income and Endowments from..
Donations and legacies
Other trading activities
Investments
Other
214,465
3,070
5,908
76
51,179
265,644
3,070
12,418
7,690
279,784
560
6,510
7,614
3,574
6,257
Total
223,519
65,303
288,822
290,175
Expenditure on:
Raising funds
Charitable activities
Other
1,034
113,349
15,260
1,034
153,264
33,287
995
39,915
18,027
157,820
38,131
Total
129,643
57,942
187,585
196,946
Net gains/{105sesl on investments
Net Income / (expenditure)
Transfers between funds
93,876
16,1061
7,361
6,106
101,237
93,229
Net movement in funds
Reconciliation of funds:
Total fund5 brought forward
87,770
13,467
182,323 1,723,178
101,237
93,229
1,905,501 1,812,272
Total funds carried forward
270,093 1,736,645
2,006,738 1,905,501
14

Presbyter
an
HARRYVILLE PRESBYTERIAN CHURCH
BALANCE SHEET
As at 31 December 2024
Fixed assets:
Tangible assets
Investments
12
1,500,000
1,500,000 1,50Q,000
13
Total Fixed Assets
Current assets
1,500,000 1,500,000
Debtors
14
22,145
9,041
31,186
30,838
Prepayments/Accrued income
Cash at bank and in hand
Total current assets
14
511
510
1,021
15
249,150
227,094
476,244
374,663
271,805
Liabilities:
236,645
508,451
405,501
Creditors.. Amounts falling due
within one year
16
11,7131
11,7131
Net current assets or liabilities
270,093
236,645
506,738
405,501
Total assets less current liabilities
Creditors., Amounts falling due after 17
more than one year
270,093
1,736,645
2,006,738 1,905,501
Provision5 for liabilities
Total net assets or liabilities
270,093
1,736,645
2,006,738 1,905,501
15

HARRYVILLE pREsB￿ER1AN CHURCH
BALANCE SHEET
As at 31 December 2024
Funds of the charity
Endowment funds
Restricted income funds
Unrestricted funds
Revaluation reserve
18
18
1.736.645
1,736,645 1,723,178
18 270,093
270,093
182,323
18
Total charity funds
270,093 1.736,645
2,006,738 1,905,501
Approved by the Kirk Session at a meeting on 2nd September 2025 and signed on its behalf
by:
Name
Name
2nd September 2025
2. September 2025
16

Presbyter
an
HARRYVILLE PRESBYTERIAN CHURCH
NOTES TO THE ACCOUNTS
31 December 2024
ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
The financial statements have been prepared in accordance with Accounting and Reporting
by Charities.. Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with Financial Reporting Standard applicable in the UK and Ireland
IFRS1021 (effective l January 20151- (Charities SORP IFRS 1021}.
The financial statements have been prepared under the historical cost convention except for
investment assets, which are shown at market value. The financial statements include all
transactions, assets and liabilities for which the congregation is responsible in law. They do
not include the accounts of church groups that owe their affiliation to another body, nor those
that are informal gatherings of church members.
FUND ACCOUNTING
Restricted funds comprise {al income from endowment5 which is to be expended only on the
restricted purposes intended by the donor and Ib) 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 bas1S.
Unrestricted funds are income fund5 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.
INCOMING RESOURCES
Recognition of incoming resources
These are included in the Statement of Financial Activities {SOFAI when.,
the congregation becomes entitled to the resources;
the trustees are virtually certain they will receive the resources,. and
the monetary value can be measured with sufficient reliably.
(li) Incoming resources with related expenditure
Where incoming resources have related expenditure (as with fundraising income) the
incoming resources and related expenditure are reported gross in the SOFA
17

Presbyter
an
HARRYVILLE PRESBYTERIAN CHURCH
NOTES TO THE ACCOUNTS
31 December 2024
I. ACCOUNTING POLICIES (cont'd)
Grants and donations
Grants and donations are only included in the SOFA when the congregation has unconditional
entitlement to the resource5.
(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
This is only included in the SOFA once the related goods or services have been delivered.
(vi)
Gifts in kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the
amount actually realised. Gifts in kind for use by the charity are included in the SOFA as
incoming resources when receivable.
(vii)
Donated services and facilities
These are only included in incoming resources (with 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 estimated value to the charity of the
service or facility received.
(viii} Volunteer help
The value of any voluntary help received is not included in the accounts but 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 investments to market value at the end of the year.
18

an
HARRYVILLE PRESBYTERIAN CHURCH
NOTES TO THE ACCOUNTS
31 December 2024
I. ACCOUNTING POLICIES {cont'd)
EXPENDITURE AND LIABILITIES
{xi) Liability recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the
congregation to pay out resources.
(xii) Governance costs
These are shown within charitable activities and include the costs of preparation and
examination of accounts, the costs of trustee meetings and cost of any legal advice to trustees
on governance or constitutional matters.
(xiii) Grants payable without performance conditions
These are only recognised in the accounts when a commitment has been made and there are
no conditions to be met relating to the grant which remain in the control of the charity.
ASSETS / (LIABILITIES)
Tangible Fixed Assets
The assets of the Church comprise..
Main Church Building, stores and contents at Casement Street, Ballymena
Church Hall building and contents at Casement Street, Ballymena
Manse building at l Grange Road, Ballymena
19

an
HARRYVILLE PRESBYfERIAN CHURCH
NOTES TO THE ACCOUNTS (cont'dl
31 December 2024
ACCOUNTING POLICIES {cont'd)
From l January 2024 any tangible fixed assets purchased for use by the church are capitalized
if they can be used for more than one year, and cost at least £1,000. They are valued at cost
or, if gifted, at the value to the charity on receipt. The Trustees have agreed that any fixed
asset addition with a value of less than £1,000 does not need to be shown as assets and will
simply be written off as expenditure in the year of purchase.
Depreciation is recorded on all tangible fixed assets other than freehold land, at rates
calculated to write off the cost, less estimated residual value, of each asset over its expected
useful life as follows:
Fixtures, fitting5 and equipment
20% straight line
Computers, software and technical equipment
200/0 Straight line
Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held and other short-term highly
liquid investments with maturities of three months or less.
Financial instruments
The Church only has financial assets and financial liabilities of a kind that qualify as basic
financial instruments. Basis financial instruments are initially recognized at transaction price
and subsequently measured at their settlement value.
20

Presbyter
an
HARRYVILLE PRESBYTERIAN CHURCH
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
DONATIONS AND LEGACIES
Recorded giving..
Loose collections
Donations and gifts
Gift Aid
Legacies and bequest
130,735 41,827
1,320
8,368
23,042
51,000
172,562 177,030
1,320
943
8,968
8,224
31,794
92,587
51,000
1,000
600
8,752
214,465 51,179
265,644 279,784
OTHER TRADING ACTIVITIES
Letting of premises
Sale of old chairs
2,850
220
2,850
220
560
3,070
3,070
560
21

an
HARRYVILLE PRESBYTERIAN CHURCH
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
INVESTMENT INCOME
Deposit interest
5,908
6,510
12,418
3,574
5,908
6,510
12,418
3,574
22

Presbyter
an
HARRYVILLE PRESBYTERIAN CHURCH
NOTES TO THE ACCOUNTS {cont'd)
31 December 2024
OTHER INCOME
Insurance claims
Other income
76
7,614
7,690
6,257
76
7,614
7,690
6,257
23

Presbyter
an
HARRYVILLE PRESBYTERIAN CHURCH
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
RAISING FUNDS
l! li I:
FWO envelopes
Fundraising events
1,034
1,034
995
1,034
1,034
995
EXPENDITURE ON CHARITABLE ACTIVITIES
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Congregational running expenses
Donations to Missions and charities
Governance cost5
18,474
850
84,430
4,009
18,474 15,473
850
681
84,430 90,925
4,009
3,267
27,145 27,372
18,356 20,102
27,145
5,586 12,770
113,349 39,915
153,264 157,820
24

Presbyter
an
HARRYVILLE PRESBYTERIAN CHURCH
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
OTHER EXPENDITURE
Properties Expenses
Other
15,260 18,027
33,287 38,131
15,260 18,027
33,287 38,131
INVESTMENTS
The congregation has no investments with either the Presbyterian Church in Ireland or any
investment institution {2023.. £nill
25

Presbyter
an
HARRYVILLE PRESBYTERIAN CHURCH
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
EMPLOYEES
2024
2023
Wages and Salaries
Social Security Costs
Pension contributions
14,408 23,056
947
1,068
337
14,745 25,071
Number of Employees
The average number of employees, including the minister of the congregation, during the
year was:
2024
2023
Average number of employees
There were no employees in receipt of employee benefits in excess of £60,000.
10.
PENSION COSTS
The minister of the congregation is a member of the Presbyterian Church in Ireland Pension
Scheme12009}. This is a scheme operated by the Presbyterian Church in Ireland, a separate
registered charity. The congregation pays an assessment to the Presbyterian Church in Ireland
equivalent to the employer's pension contribution for the Scheme and based on the stipend
paid to the minister. The Presbyterian Church in Ireland Pension Scheme12009} is a funded
Scheme of the defined benefit type, providing defined benefits based on career average
revalued salary. The Scheme has assets held in a Separately administered fund managed by a
board of trustees. The Presbyterian Church and the Scheme Trustees have agreed a funding
plan to ensure the Scheme is sufficiently funded to meet current and future obligations. A
formal schedule of contribution5 was drawn up on 25 November 2015 whereby the
Presbyterian Church agreed to pay from 31 December 2015 contributions of 24% of
pensionable salaries to cover the accrual of benefits for future Service, expense5, the cost of
insuring death in service benefit5 and funding the scheme deficit.
26

Presbyter
an
HARRYVILLE PRESBYfERIAN CHURCH
The contributions made by the congregation during the year were:
2024
2023
Contributions
10,851 10,334
The congregation operates a defined pension contribution policy for its employees. The
scheme and its assets are held by an independent scheme manager. The pension charge
represents the contributions due from the congregation during the year
27

Presbyter
an
HARRYVILLE PRESBYTERIAN CHURCH
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
TANGIBLE FIXED ASSETS
Cost or valuation
At 01/01/2024
Additions
Disposals
1,500,000
1,500,000
At 31112/2024
1,500,000
1,500,000
Depreciation
At 01/01/2024
Provision for year
Disposals
At 31/12/2024
Net Book Value
At 31112/2024
1,500,000
1,500,000
At 01/01/2024
1,500,000
1,500,000
The congregation owns the Church & Church Hall premises situated at Casement Street
along with associated fixtures, fittings, plant and machinery and a Manse on Grange
Avenue, for the use of the Church Minister.
Details of the historical cost5 of the above assets purchased prior to l January 2024 are not
available. This being the case all assets purchased prior to this date are included in the
balance sheet at valuation as at l January 2024.No depreciation has been provided on these
assets a5 the current estimated residual value is not less than the carrying value. This will be
reviewed regularly by the Trustees.
28

Presbyter
an
HARRYVILLE PRESBYTERIAN CHURCH
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
11. DEBTORS
2024
2023
Gift Aid Recoverable
Prepayments and accrued income
31,187 30,838
1,021
32,208 30,838
12. CASH AT BANKAND IN HAND
2024
2023
Ulster Bank (current account)
Ulster Bank {deposit account)
Organizations
178,706 136,789
258,542 200,000
38,994 37,875
476,242 374,664
13. CREDITORS: amount falling due within one year
Accruals and deferred income
2024
2023
1,713
29

Presbyter
an
HARRYVILLE PRESBYTERIAN CHURCH
NOTES TO THE ACCOUNTS {cont'd)
31 December 2024
14. FUND BALANCES AND RECONCILIATION OF FUNDS
Fund
Balance
at start
Income
Expend. Gains/
Losses
Transfer Balance
at end
General Fund
182,323
223,519
129,643
93,876
{6,1061
270,093
Unrestricted Funds
182,323
223,519
129,643
93,876
(6,106) 270,093
Property/Building Fund
United Appeal
General Mission Fund
Serve Harryville
SMJ
pw
Wednesday Fellowship
Flower Fund
Youth Club
Girls, Brigade
Boys, Brigade
Parents & Toddlers
Heart for Harryville
Youth Fellowship
1,667,266
28,931
18,252
13,345
13,843
10,679
1,677,945
17,332
414
2,980
2,851
628
332
788
10,768
4,223
207
15,019
370
113,3451
13,345
28,254
14
70
947
900
483
2,373
1,066
13
15351
11,7361
11851
48
156
18,398
427
2,495
2,780
443
380
944
10,768
5,187
548
16,088
242
605
2,683
1,085
435
2,217
50
1,665
2,795
3,042
159
2,143
131
12471
(1591
11,6111
(1281
1,211
500
2,680
532
Restricted Funds
1,723,178
65,302
57,941
7,361
6,106 1,736,645
Total
1,905,501
288,821
187,584
101,237
2,006,738
30

Presbyter
an
HARRYVILLE PRESBYTERIAN CHURCH
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
15.
RELATED PARTY TRANSACTIONS
One of the Trustees, the minister of the congregation received remuneration of £45,213 and
expenses of £7,582 for acting in that capacity. Pension contribution of £10,851 was paid by
the congregation in respect of the minister to the Presbyterian Church in Ireland Pension
Scheme (2009). None of the other trustees received any remuneration, and no trustees
claimed expense5 during the year in connection with their duties.
During the year the congregation contributed the following amounts to Funds of the General
Assembly of the Presbyterian Church in Ireland a separate charity.
£18,474 for congregational assessments
£13,345 towards the United Appeal
The congregation contributed £850 towards Presbytery Asse55ments during the year.
There were no other related party transactions.
31