CHARITY REGISTRATION NUMBER: 105398 Lecumpher Congregation of the Presbyterian Church in Ireland Unaudited Financial Statements 31 December 2022 BE IL Chartered accountants Gilmour & Co Limited 25 High Street Carrickfergus Co Antrim BT38 7AN
Lecumpher Congregation of the Presbyterian Church in Ireland Financial Statements Year ended 31 December 2022 Pages Trustees, annual report 1to4 Independent examiner's report to the trustees Statement of financial activities Statement of financial position Notes to the financial statements 8t013
Lecumpher Congregation of the Presbyterian Church in Ireland Trustees, Annual Report Year ended 31 December 2022 The trustees present their report and the unaudited financial stalernents of the charity for the year ended 31 December 2022. Reference and admlnlstrative details Lecumpher Congregation of the Presbyterian Church in Ireland 105398 Reglstered charity name Charlty registratlon number Prlnclpal office 10 Ballynagowan Road Desertmartin BT45 5LH The trustees Mr D Badger Mr W Badger Mr J Barfoot Mr W Barfoot Mr J Gilmour Mr W Gregg Mr D Johnston Mr G Johnston Rev.J Martin Mr R Taylor Mr S Thompson Independent examiner Robert J Gilmour F.C.A Gilmour & Co Limited 25 High Street Carrickfergus Co Anlrim BT38 7AN
Lecumpher Congregation of the Presbyterian Church in Ireland Trustees, Annual Report (conllnued) Year ended 31 December 2022 Structure, governance and management The Kirk Session The charity trustees of the congregation are the mernbers of its Kirk Session. Under Ihe congregation's governing document, The Code, the book of the constitution and government of the Presbyterian Church in Ireland, the Kirk Session seeks to watch over and promole the spiritual interest of the congregation and ol persons not connected with any congregation who are wilhin its bounds. It ensures pastoral care is in place in the congregation and seeks to furlher the contribution of Ihe Church to Christian wilness and service in the local communily. The Kirk Session has delegated lo its Congregational Committee the temporal aftairs ol the congregation including administering all funds and property belonging to the congregation. Members of Ihe Kirk Session are 8x-officio memb8rs of the Congregational Committee. The Kirk Session consists of the ordained minister and Ihe ruling elders of the Congregations. All members are entitled to propose, speak and exeroise equal votes at meelings, except thal the Moderator, the rninisler in aclive duty in the congregation. has no deliberative but only a casting vote. Stated meetings of the Kirk session are held five limes each year. To be chosen for the office of the eldership in the congregation a person must be a voting member and a regular attendanl on its ordinances. The selection of those proposed to be called to the office can be either by the congregation or by the Kirk Session. Members are elected if they obtain two-thirds of those who vote. Presbytery Under the Presbyterian Church in Ireland form of governance the corporate oversight of a congregation is the responsibility ol a Presbytery which superintends generally the spiritual and temporal affairs of the congregations assigned to it by Ihe General Assembly of the Presbyterian Church in Ireland. Lecumpher Congregation of the Presbyterian Church has been assigned to the Tyrone Presbytery of the Presbyterian Church in Ireland. Th8 membership ol the Presbytery consists mainly of the active ministers of congregations assigned to it by the General Assernbly, minsters who have retired from active duly and an elder appoinled by the Kirk Session of the congregation. The General Assembly The General Assembly is the supreme court of the Church. represenling in one body the whole Church and acting as its supreme legislative, administration and judicial authority, in dealing wilh all matters brought before il. The General Assembly is normally constituted during ihe first week in June for worship and lo conduct ils business. At the end of business it is dissolved. The membership of the General Assembly consists mainly of the active ministers of each congregation, relired minsters and a a representative elder appointed by the Kirk Session of each congregation.
Lecumpher Congregation of the Presbyterian Church in Ireland Trustees, Annual Report (continued) Year ended 31 December 2022 Obleclives and activitles Lecurnpher Presbyterian Church is a congregation of the Presbyterian Church in Ireland. We hold regular services of worship and other religious activities. These, and all that follows, are open to anyone of appropriate age andlor gender to access, without regard to whether they are rnembers of our congregation. Through prayer, support our members, our own Church, other Christian Churches, the community and leaders in society and governrment. Organise meetings and events Ihat prornote our charitable purpose. Participate in the lite of the local comrnunily. Participate in and support what the PreSberlan Church in Ireland and the supervising Pre$bery does. Support other secular and Christian organisations and charities through volunteering, financial gifts and prayer. THE PRESBYfERIAN 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 ol His Spirit. and to enab5e her members to play their part in fulfilling God's mission to our world Achlevements and performance The Presbyterian Church in Ireland meets the public benefit requirement by providing benefit to its members and the general 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 Church include the gaining ol an understanding in Chrislian beliefs as set oul in the Bible and in the Church's subordinate standards (the Westminster Conlession of Faith and the Shorter and Larger Catechisms) leading to to spiritual and moral development and opportunities for response to Bible teaching. In turn, this framework leads to practical expressions of Christian beliefs and standards in the local community such as Ihrough Ihe care of those in need (including the sick, disabled and bereaved). Generally the above benefits are delivered locally by congregalional churches and members, or are facilitated through presbyteries or are organised and delivered centrally. Local delivery is facilitated by Central resources in almost all cas8S. 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 seNices and informal and ad-hoc feedback from members. their lamilies, and members of the public. The purpose does nol lead to harm. The only private benefit flowing from our purpose is related to Ministers, Missionaries, Deaconesses, Irish Mission workers and Lay Agenls who receive benefits as a resull of their holding office or employment. However, this is incidenlal and necessary in order to further our charitable purpose. There are no other private benefits. The beneficiaries of this purpose are members, their families, other indivicluals that the Presbyterian Church in Ireland is in direct and indirect contact wilh, the community in which pasloral services are provided and other communities throughout Northern Sreland, the Republic of Ireland, and worldwide which benefit from our engagement wilh and support for bolh Christian and other secular organisations. charities and individual members of the public.
Lecumpher Congregation of the Presbyterian Church in Ireland Trustees. Annual Report (continued) Year ended 31 December 2022 Flnancial revlew The congregation's main source of income is members, contribulions to the General Fund through the Weekly Freewill Qffering. and the Building Fund. Total income for the year amounted to £186,290 compared to £178,191 in the previous year. Expenditure for the year was £75,822 compared to £77,761 in 2021. In addition to the expendilure above capital expenditure on additions to Church Property amounted to £Nil12021 £75,534). Unrestricted reserves increased during the year by £41 ,661 to £91,277.12021 £49,616). Reserves Policy Lecumpher Presbyterian Church relies on financial support on a regular basis from its congregalion. The Trustees aim to have unrestricled reserves available to support 3-6 months outgoings. The trustees, annual report was approved on 17 May 2023 and signed on behalf of the board of truslees by: Rev.J Martin Trustee Mr S Thompson Trustee
Lecumpher Congregation of the Presbyterian Church in Ireland Independent Examiner's Report to the Trustees of Lecumpher Congregation of the Presbyterian Church in Ireland Year ended 31 December 2022 I report to the trustees on my examination of the financial statements of Lecumpher Congregation of the Presbyterian Church in Ireland ('the charity,) for the year ended 31 December 2022. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act (Northern Ireland) 2008 {thÈ '2008 Act'l. You are satisfied that your charity is not required by charity law to be audited and have chosen instead to have an independent èxamination. I report ill respect of my examination of the charivs financial ststements as carried out under section 65 of the 2008 Act. In carying out my examination I have followed the general Directions given by the Charity Commission for Northern Ireland under section 65{9}Ib) of the 2008 Act. Independent examlner's statement I have completed my examination. I confirm that no matters have come to my attention in Connection with my examination giving me cause to believe that in any material respecL' accounting records were not kèpt as required by with section 63 of the 2008 Act. or the financial statements do not accord with those reGords', or the financial statements do not comply with the accounting requirements of the 2008 Act or the financial statements do not comply with the applicable requirements Concerning the forni and content of accounts set o(Jt in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be rea¢hed. ilmour F.C.A dent Examiner Inde Gilmour & Co Limited 25 High Street Carrickfergus CD Antrim BT38 7AN 17 May 2023
Lecumpher Congregation of the Presbyterian Church in Ireland Statement of Financial Activities Year ended 31 December 2022 2022 Restricted funds Total tunds 2021 Unrestricted funds Total funds Note Income and endowments Donations and legacies Other trading activities Investment incoTne 68.965 104.179 11,176 1,959 173,144 11,176 1,970 186,290 165,394 11,136 1,661 178,191 Total Income 68,976 117,314 Expenditure Expenditure on charitable aclivities Total expendlture 27,315 27,315 48,507 48,507 75,822 77,761 75,822 77,761 Net income 41,661 68,807 110,468 100,430 Other recognised galns and losses Unrealised gainslllossesl on Inveslrnents Net movement In funds 11 ,6271 67.180 (1,6271 108,841 7,445 41,661 107,875 Reconciliation of f unds Total funds brought forward Total funds c8rried fonvard 49,616 2,617,155 2,666,771 2,775,612 2,558,896 2,666,771 91,277 2,684,335 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive Irom continuing aclivilies. The not8s on pages 8 to 13 form part of these linanelal stalemenls.
Lecumpher Congregation of the Presbyterian Church in Ireland Statement of Financial Position 31 December 2022 2022 2021 Nota Fixed assets Tangible fixed assets Investments 12 2,901.363 13 45,409 2,946,772 2,901,363 47,036 2.948,399 Current assets Cash at bank and in hand 68,876 52,405 Creditors: amounts falling due within one year Net current assets 14 66,634 2,242 2,949,014 66.634 {14,229) 2,934.170 Total assets less current Ilabllltles Creditors: amounts falling due after more than one year Net assets 15 173,402 2,775,612 267,399 2,666,771 Funds of the charity Restricted funds Unrestricted funds 2,684,335 91,277 16 2,775,612 2,599,945 66,826 2,666,771 Total charity funds These financial stalernents were approved by the board ot trustees and authorised for issue on 17 May 2023, and are signed on behalf of the board by.. Rev.J Martin Trustee Mr S Thompson Trustee Tha noles on pages 8 to 13 fomi part ol these flnanclal statements.
Lecumpher Congregation of the Presbyterian Church in Ireland Notes to the Financial Statements Year ended 31 December 2022 General informatlon The charity is a public benefit entity and a registered charity in Northern Ireland and is unincorporated. The address of Ihe principal office is 10 Ballynagowan Road, Desertmartin. BT45 5LH. Statement of compliance As the total income ol Ihe congregation is less Ihan £250,000 the congregation have elecled in accordance with Ihe provisions in The Charities (Accounls and Reports) Regulations (Northern Ireland) 2015 to prepare its accounts on a receipis and payments basis. Accountlng policies Basis of preparation The financial slaternents have been prepared on the historical cosl basis, as rnodified by the revaluation of certain financial assets and liabilities and inveslment properties measured at fair valu8 through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern There are no material uncertainties about the charity's ability to continue. Fund accountlng Unrestricled funds are available for use at the discrelion of the trustees to further any ol the charity's purposes. Designated funds are unrestricted lunds earmarked by the Irustees lor particular future project or commitmenl. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income lunds or endowment funds. Investments Unlisted equity investments are initially recorded at cost, and subsequently measured at fair value. If fair value cannot be reliably measured. assets are measured at cost less impairment. Lisled investments are measured at fair value with changes in fair value being recognised in income or expenditure.
Lecumpher Congregation of the Presbyterian Church in Ireland Notes to Ihe Flnancial Stalements (conllnuedj Year ended 31 December 2022 Donatlons and legacies Unrestricted Funds Restricted Total Funds Funds 2022 Donations Loose Collections Donations and Gifts Gift Aid Missions Building Fund Monthly DD'S 3,846 53,515 11,604 3,846 58,658 28,481 6,106 49,613 26,440 5,143 16,877 6,106 49,613 26,440 104,179 68,965 173,144 Unrestricted Funds Restricted Total Funds Funds 2021 Donatlons Loose Collections Donations and Gifts Gift Aid Missions Building Fund Monthly DD'S 3,852 52,877 10.444 3,852 52,917 28,384 7,177 45,929 27.135 165,394 40 17,940 7,177 45,929 27,135 67,173 98,221 Other tradlng activities Restricted Total Funds Funds 2022 Restricted Total Funds Funds 2021 Manse Rental Farm Rentals Sunday School Charities 6,600 4,411 165 6,600 4.411 165 6,600 4,411 125 6,600 4,411 125 11.176 11,176 11,136 11.136 Investment income Unrestricted Funds Restricted Tolal Funds Funds 2022 Other Investrnent Income 1,959 1,970 Unrestricted Funds Restricted Total Funds Funds 2021 Other Investment Income 1,661 1,661
Lecumpher Congregation of the Presbyterian Church in Ireland Notes to the Financial Statements Icontlnued) Year ended 31 December 2022 Expenditure on charitable actlvltles by tund type Unrestricted Funds Restricted Tolal Funds Funds 2022 Support costs 27,315 48,507 75,822 Unreslricted Funds Reslricled Total Funds Funds 2021 Support costs 35,958 41,803 77,761 Expendlture on charltable activltles by activity type Tolal funds 2022 Total fund 2021 Support costs General Activity 75,822 75,822 77.761 Charltable activltles Total 2022 Total 2021 General Assembly Assessments Ministry & support staff costs Congregational Running Expenses Donations to missions & charities Stationery & teaching malerials Ulilities Bank Loan Interest Minister's Expenses Accountancy Fee 6,043 2,102 7.666 27,064 1,031 19,137 11,939 6,043 2,102 7,666 27,064 1,031 19,137 11,939 6,571 16,271 2,761 23,834 452 14,424 10,950 1,658 840 840 840 75,822 75,822 77,761 10. Independent examlnatlon fees 2022 2021 Fees payable to the independent examiner for: Independent examinalion of the financial statements 840 840 10-
Lecumpher Congregation of the Presbyterian Church in Ireland Notes to the Financial Statemenls (contlnued) Year ended 31 December 2022 11. Staff costs The lotal staff costs and employee benelils for the reporting period are analysed as follows.. 2022 2021 Wages and salaries Social security costs Employer contribulions to pension plans 13,589 810 1,872 16,271 The average head counl of employees during the year was Nil12021: 2). No employee received employee benefits of more than £60,000 during the year (2021.. Nil). 12. Tangible flxed assets Freehold property Equipment Tolal Cost Al 1 Jan 2022 and 31 Dec 2022 2,890,083 11,280 2,901,363 Depreciation At 1 Jan 2022 and 31 Dec 2022 Carrylng amount At 31 Dec 2022 2,890,083 2,890,083 11,280 2,901.363 At 31 Dec 2021 11.280 2,901,363 Tangible fixed assels consist of the Church, contents and surrounding land together with Ihe Manse and Farms. They have been capitalised al their insurance value in 2017.lrnprovernents are recorded at cost price. All properties are maintained lo a high level and have not therefore been depreciated. 11
Lecumpher Congregation of the Presbyterian Church in Ireland Notes to the Financial Statements (contlnued) Year ended 31 December 2022 13. Investments Other Investments Cost or valuatlon At 1 Jan 2022 Additions Fair value movements 47,036 (1,627) 45,409 At 31 Dec 2022 Impalrment At 1 Jan 2022 and 31 Dec 2022 Carrying amount At 31 Dec 2022 45,409 47,036 Al 31 Dec 2021 All investments shown above are held al valuation. 14. Creditors: amounts falling due withln one year 2022 2021 Bank loans and overdralts 66,634 66,634 15. Credltors: amounts falllng due alter more Ihan one year 2022 2021 Bank loans and overdrafts Members Loan 38,401 135,001 217,398 50,001 173,402 267,399 16. Analysls of charitable lunds Unrestricted funds Gains and At losses 31 Dec 2022 At 1 Jan 2022 Income Expenditure General funds 49,616 68,976 127,3151 91,277 Gains and At losses 31 Dec 2021 At 1 Jan 2021 Income Expenditure General lunds 35,611 67,173 {35,958) 66,826 12-
Lecumpher Congregation of the Presbyterian Church in Ireland Notes to the Financial Statements (continued) Year ended 31 December 2022 16. Analysis ol charilable funds (continued) Restricted funds Gains and At losses 31 Dec 2022 At 1 Jan 2022 Income Expendilure Property Presbyterian Women Investments 2,569,903 216 47,036 2,617,155 115.903 1,411 147,0641 11 ,4431 2,638,742 184 45,409 {1,627} {1,627} 2,684,335 117,314 148,5071 Gains and At losses 31 Dec 2021 At 1 Jan 2021 Income Expenditure Property Presbyterian Women Investments 2,483,600 94 39,591 110.726 292 (41 ,6331 {170} 2,552,693 216 47,036 7,445 2,523,285 111,018 {41,803} 7,445 2,599,945 13-