an
BU
KNA CON
REG
TION OF THE PRESBYfERIAN CHURCH IN IREL
STATEMENT OF FINANCIAL ACTIvrrY
FOR YEAR ENDED 31 DECEMBER 2022
UNREsfRIcfED
RESTRicfED
TOTAL
TOTAL
FUNDS
FUNDS
2022
2021
Income and endowments from
Donations and legacies
Charitsble activities
Investments
other Income
98,808
920
139
380
187,356
15,215
1,388
457
286,163
16,135
1,527
837
211,293
9,556
259
888
Total
100,248
204,416
304,663
221,996
Expenditure on:
Raising funds
Charitable activities
1,135
151,042
114,992
68,404
183,396
Total
114,992
68,404
183,396
152,177
Net incomel(expenditure)
Transfers between funds
Net movement in funds
(14,744)
14,273
(471)
136,011
(14,273)
121,738
121,267
69,819
121,267
69,819
Reconciliation of funds:
Total funds brought forward
24,450
1,238,272
1,262,722
1,192,903
Total funds carried forward
23,979
1,360,010
1,383,989
1,262,722
12

an
BUCKNA
ON
RE
OF THE PRESBYfERIAN CHURCH IN IRELAND
BALANCE SHEET
AS AT 31 DECEMBER 2022
NOTES UNRESTRICTED
REsrRI￿ED
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
FUNDS
2022
2021
FIXED ASSETS
Tangible assets
Investments
10
11
123,360
123,360
89,347
Total fixed assets
123,360
123,360
89,347
CURRENT ASSErs
Debtors
Cash at bank and in hand
Total current assets
12
13
16,836
9,704
26,539
31,372
1,205,278
1,236,650
48,207
1,214,982
1,263,189
36,163
1,138,412
1,174,575
LIABILrrIES
Creditors: amounts falling
due within one year
14
2,560
2,560
1,200
Net current assets
23,979
1,236,650
1,260,629
1,173,375
Total net assets
23,979
1,360,010
1,383,989
1,262,722
FUNDS OF THE CHARrrY
Unrestricted funds
Restritted funds
15
15
23,979
23,979
1,360,010
24,450
1,238,272
1,360,010
Total charity funds
23,979
1,360,010
1,383,989
1,262,722
Approved by the Kirk Session at a meeting on 81
igand signed on its behalf by:
Mr Wilnor Reid
(Clerk of Session)
Mr5 Maureen Currie
(Treasurer)
Dated
,/,/,,
Dated
13

an
BU
KNA
RE
OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 DECEMBER 2022
ACCOUNTING POLICIES
Basis of financlal ststements
The financial statements have been prepared in accordan￿ with Accounting and Reporting by
Charities:Ststements of Recommended Practice applicable to charities preparing their accounts
in accordantr with Financial Reporting Standard applicable in the UK and Ireland (FRS102)
(effective l January 2015).
The financial statements have been prepared under the historical c05t 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 revenue donations or grants for a specific congregational attivity intended
by the donor. Where these funds have unspent balance, interest on their pooled investment is
apportioned to the individual funds on an average bas15.
Unrestricted fund5 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.
Income resources
nition of incomin
These are included in the Statement of Financial Attivities (SOFA) 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.
(i)
(11)
Incomln
resources with related ex
endi
Where incoming reSoUr￿S have related expenditure (as with fundraising income) the Incoming
resources and related expenditure are reported gross in the SOFA.
ure
(iii)
Grants and donations
Grants and donation5 are only included in the SOFA when the congregation ha5 unconditional
entitlement to the resources.
(iv)
s on donations and ifts
Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to
which they relate.
14

an
BU
KNA
RE
ON OF TrIE PRESBYfERIAN CHUR
H IN IRELAND
NOTES TO THE ACCOUNTS
31 DECEMBER 2022
ACCOUNTING POLICIES- CONfD
(v)
Contractual in
e and erformance related
rants
This is only included in the SOFA once the related goods or services have been delivered.
IA
The value of any voluntary help received 15 not included in the accounts but is described in the
trustees, annual report.
Expenditure and liabilties
(vii)
Liabili
nition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the
congregation to pay out resources.
reco
(viii)
overn
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.
{ix)
Grants with
conditions
Where the charity gives a grant with conditions for its payment being a specific level of Servi￿ or
output to be provided, such grants are only recognised in the SOFA On￿ the recipient of the grant
has provided the specified service or output.
(x)
Grants
abl
without erformance condition
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.
(xi)
Tan
ible fixed asse
Tangible fixed assets for use by charity are capitalised if they can be used for more than one
year, and cost at least £500. They are valued at cost or, if gifted, at the value to the charity on
receipt.
Dep￿CiatIon is recorded on all tsngible fixed assets other than freehold Sand, at rates calculated
to write off the cost, less estimated residual value, of each asset over its expected useful life
as follows:
Buildings
Flxtures, fittings and equipment
Computers, software and technical equipment
over 50 years
over 10 years
over 4 years
15

an
BU
KN
OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 DECEMBER 2022
INCOME FROM DONATIONS AND LEGACIES
UNREsfRICTED
RESTRICTED
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
FUNDS
2022
2021
Recorded giving
Loo* collections
Donations and gifts
Legacies and bequests
Gift aid
84,715
143,629
5,610
1,491
5,254
31,373
187,356
228,344
5,610
1,591
5,254
45,366
286,163
174,358
1,594
220
1,856
33,265
211,293
100
13,993
98,808
INCOME FROM CHARITABLE ACTIVITIES
UNRESTRICTED
RESTRIcfED
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
FUNDS
2022
2021
Organisation income
Sale of study books etc
Grants
11,815
11,815
920
3,400
16,135
4,011
540
5,005
9,556
920
3,400
15,215
920
INCOME FROM INVESTMENTS
UNRESTRICTED
RESTRicfED
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
FUNDS
2022
2021
Bank interest and gain on investment
139
1,388
1,527
259
OTHER INCOME
UNRESTRICTED
RESTRIcfED
TOTAL
TOTAL
FUNDS
FUND5
FUNDS
FUNDS
2022
2021
other income
380
457
837
888
16

an
CKNA
NGRE
ATI
FTHEP
N IRELAND
NOTES TO THE ACCOUNTS
31 DECEMBER 2022
EXPENDITURE ON RAISING FUNDS
UNRESfRI￿ED
RESTRicfED
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
FUNDS
2022
2021
FWO envelope5
1,135
1,135
EXPENDITURE ON CHARrrABLE AcfIviTIES
UNREsfRicreD
REsfRicfED
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
FUNDS
2022
2021
General assembly
assessments
Presbytery fees
Ministry and support
staff costs
Congregational runnlng
expenses
Donations to Misslons
and charities
Governance costs
Depreciatlon charge
8,651
2,497
8,651
2,497
10,773
2,090
70,938
70,938
70,974
30,506
68,404
98,910
62,859
2,400
2,400
4,346
114,992
68,404
183,396
151,042
EMPLOYEES
TOTAL
TOTAL
FUNDS
FUNDS
2022
2021
Wages, salaries and expense allowance
Soclal securlty costs
Pension contributions
56,808
4,899
8,724
70,430
57,576
4,549
8,532
70,657
N mber of em lo
The average number of employees, Includln9 the mlnister of the congregation, during the
year was:
2022
2021
Average number of employees
There were no employees In receipt of employee benefits in extrss of £60,000.
17

an
ONGREGATION
F THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 DECEMBER 2022
PENSION cosrs
The minister of the congregation is a member of the Presbyterian Church in Ireland Pension Scheme (2009).
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 minster. The Presbyterian
Church in I￿land Pension Scheme (2009) is a funded scheme of the defined benefit typei 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 contributions 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, expenses, the cost of insuring death in
Se￿1￿ benefits and funding the scheme deficit.
The contributions made by the congregation during the year were:
TOTAL
TOTAL
FUNDS
FUNDS
2022
2021
Contributions
8,724
8,532
18

an
BUCKNA CONGREGATI
THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 DECEMBER 2022
10
TANGIBLE FIXED ASSETS
BUILDINGS
FXXtURES
TOTAL
FrrrINGS &
EQUIPMENT
COST OR VALUATION
At stsrt of year
Additions
Disposals
2,199,518
34,125
20,980
2,220,498
34,125
At end of year
2,233,643
20,980
2,254,623
DEPRECIATION
At start of year
Provision for year
Disposals
2,111,283
19,869
111
2,131,152
111
At end of year
2,111,283
19,980
2,131,263
NEf BOOK VALUE
At start of year
88,235
I,iii
89,346
At end of year
122,360
1,000
123,360
19

an
NA
NGRE
ATI
RE
B￿ER[AN
HINI
NOTES TO THE ACCOUNTS
31 DECEMBER 2022
li
INVESTMENTS
2022
2021
Value at 31 December 2022
12
DEBTORS
UNRESTRIcfED
RESTIUCTED
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
FUNDS
2022
2021
Gift Aid Recoverable
Prepayments
13,993
2,842
31,372
45,365
2,842
33,265
2,898
16,836
31,372
48,207
36,163
13
CASH AT BANK AND IN HAND
UNREsrRicrED
RESTRicfED
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
FUNDS
2022
2021
Bank current accounts
Bank dep051t account
C35h in hand
9,704
1,205,278
1,214,982
1,138,412
9,704
1,205,278
1,214,982
1,138,412
14
CREDrroRS: amounts falling due within one year
UNREsfRIcfED
RESTiucfED
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
FUNDS
2022
2021
Accruals
Interest free loans
Bank loan
2,560
2,560
1,200
2,560
2,560
1,200
20

Pres
an-
BUCKNA CONGREGATION
RESBYfERIAN CHURCH IN IRÈLAND
NOTES TO THE ACCOUNTS
31 DECEMBER 2022
15
FUND BALANCES AND RECONCILIATION OF FUNDS
Fund
BALANCE
INCOME
EXPEND
TRANSFER I
BALANCE
AT
AT
START
END
UNRESTRICTED FUNDS
General account
24,450
100,248
(114,992)
14,273
23,979
24,450
100,248 1
114,992
14,273
23,979
REsfRIcfED FUNDS
United Appeal
Ukraine
Amounts received for others
951
4,890
6,843
(7,229)
(7,000)
1,233
(37)
189
(189)
(499)
GB
BB
Missionary
Choir
Building
Girls Brigade
Sunday School
Junior Christian Endeavour
Maintenance & Repair
VIBE
Youth Club
Bowling Club
pw
Boy5 Brigade
Building No 5
4,793
263
| 1,088,570
6,391
2,389
461
56,947
619
(21,989)
6,833
263
1,200,699
4,249
1,975
121,847
4,017
495
453
(2,500)
(6,159)
(908)
(685)
(4,595)
(3,569)
(1,108)
(1,033)
(5,906)
(4,617)
(22)
(7,218)
(42,130)1-
39,258
1,012
1,920
514
1,907
3,680
95,336
3,962
2,118
245
6,007
472
1,301
1,806
7,825
65,010
30,348
1,238,272
204,417 |
(68,404)
(14,273),
1,360,010
TOTAL FUNDS
1,262,722
304,664
(183,395)
1,383,989
21

an
KNA
RE
RE
B￿ERIAN
HUR
HINIR
NOTES TO THE ACCOUNTS
31 DECEMBER 2022
16
RELATED PARTY TRANSAcfIoN
One of the Trustees, the minister of the congregation received remuneration of £36,350
and expenses of £7,665 for acting in the capacity. Pension contributions of £8,724 were 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.
During the year the congregation contributed the following amounts to Funds of the General
Assembly of the Presbyterian Church in Ireland a separate charity
£8,651 for congregational assessments
£7,229 towards the United Appeal
The congregation contributed £390 towards Presbytery Assessments during the year.
There were no other related party transattions.