Trinity Presbyterian Church, Ballymoney a congregation of the Presbyterian Church in Ireland Trustees Annual Report and Financial Statements for the year ended 31st December 2023 Registered with the Charity Commission for Northern Ireland NIC105405
TRINITY PRESBYfERIAN CHURCH. BALLYMONEY TRUSTEES ANNUAL REPORT Page I The Trustees present their Annual Report and Financial Statements forthe year ended 31 December 2023 including a Balance Sheet as atthat date. REFERENCE AND ADMINISTRATIVE DETAILS Trinity Congregation of the Presbyterian Church in Ireland 2 Rodeing Foot Ballymoney Co. Antrim BT53 6JJ Registered Charity in Northern Ireland NIC105405 CHARITY TRUSTEES The CharityTrustee5 who served during the year or who were trustees at the date of this report were: Norman Acheson Leslie Boyd Peter Crooks Stephen Currie Desmond Glendinning Rev David Irvine Frank Millen Rodney Mitchell William McAleese Kenneth McAuley John Mcllfatrick Robert Owens Richard Quinn Bertie Quinn Wesley Quinn Brian Speirs Charles Steele Derek Stirling (Resigned Sep 231 lan Williamson Robert Workman PRINCIPAL OFFICE BEARERS Minister: Clerk of Session Secretary to Committee Treasurer Rev. David Irvine Bertie Quinn Doreen Colvin Wesley Quinn INDEPENDENT EXAMINER W R Crymble (WR Crymble Chartered Management Accountants) 3 Governors Gate Lane Hillsborough BT26 6FX BANKERS Danske Bank 6 High Street Ballymonev BT53 6AD
TRINITY PRESBYfERIAN CHURCH. BALLYMONEY TRUSTEES ANNUAL REPORT (cont'd) Page 2 STRucfuRE AND MANAGEMENT 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 Ireland, the Kirk Session seeks to oversee and promote the spiritual interest of the congregation and of persons not connected with any congregation who are within its bounds. It ensures pastoral care is in place in the congregation and seeks to further the contribution of the church to Christian witness and service in the local community and in mission overseas. The Kirk Session has delegated to its Congregational Committee the temporal affairs of the congregation. Members of the Kirk Session are ex-officio members of the Congregational Committee. The Kirk Session consists of the ordained minister and the ruling elders of the congregation. All members are entitled to propose, speak and exercise equal votes at meetings, except that the Moderator, the minister in active duty in the congregation, has no deliberative but only a casting vote. Stated meetings of the K7rk Session are held on the third Monday of January, March, May, September and November. To be chosen for the office of the eldership in the congregation a person must be a voting member and a regular attendant 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 are nominated by two -third5 of those who vote. Presbytery Under the Presbyterian Church in Ireland form of governance the corporate oversight of a congregation is the responsibility of a Presbytery which superintends generally the spiritual and temporal affairs of the congregations assigned to it by the General Assembly of the Presbyterian Church in Ireland. Trinity Presbyterian Church has been assigned to the Route Presbytery of the Presbyterian Church in Ireland . The membership of the Presbytery consists mainly of the active ministers of congregation5 assigned to it by the General Assembly, ministers who have retired from active duty and an elder appointed by the Kirk Session of each congregation.
TRINITY PRESBYfERIAN CHURCH. BALLYMONEY TRUSTEES ANNUAL REPORT (cont'd) Page 3 The General Assemblv The General Assembly is the supreme court of the church, representing in one body the whole Church and acting as its supreme legi51ative, administration and judicial authority, in dealing with all matters brought before it. The General A55embly is normally constituted during the first week in June for worship and to conduct it5 business. At the end of business it is dissolved. The membership of the General Assembly consists mainly of the artive ministers of each congregation, retired ministers and a representative elder appointed by the Kirk Session of each congregation. DESCRIPTION AND PURPOSE Trinity Presbyterian Church, Ballymoney, is a congregation of The Presbyterian Church in Ireland. The Presbyterian 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 of His Spirit, and to enable her members to play their part in fulfilling God's mission to our world. The congregation's mission purposes is to 'Bring unbelieving people to Jesus Christ, encourage them to develop towards Christ-like maturity and equip them for ministry in the church and mission to the world. The congregation aims to live out its Mission and Vision as a family of God's people by being: A Covenant Community: where our relationships are rooted in the promise5 of God by living faithfully toward him and toward one another An Intergenerational Community: where adults intentionally take the lead to engage with, encourage and nurture younger members to maturity in Christ. An Outward looking Community: where we want the blessings of God that belong to us in the Gospel to become blessings for others beyond the bounds of our community. As a congregation of the Presbyterian church in Ireland, we believe that the Bible is the supreme authority over all we do, and that the Westminster Confession of Faith, along with the Larger and Shorter Catechisms set out what we understand the Bible teaches on key matters of Christian faith and practice.
TRINITY PRESBYTERIAN CHURCH, BALLYMONEY TRUSTEES ANNUAL REPORT {cont'd) Page 4 ACtIVlTIES AND OBJECTIVES The congregation meets for worship every Sunday and visitors are welcome to join. The Sacrament of the Lord's Supper is observed on several occasions during the year and all those who have been baptised 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 ha5 a wide range of organisation5 including Sunday School {Sunday Morning Kids Clubl Youth Club Base Youth Fellowship Buddies and Bundles Bowling Club Boys Brigade The Vine Presbyterian Women Friendship Lunch Coffee Morning Men Doing Fellowship (MDF} ACHIEVEMENTS AND PERFORMANCE Worship and prayer The congregation normally meets for worship each Sunday at 11.30am and 6.30pm. During the week the Bible Study provides an opportunity for members to meet together for fellowship, to study the scriptures and for a time of prayer. As well as our regular service5 during the year we acknowledged God's gift of new life at one baptism of an infant within the congregation. We give thanks for faithful servants and seek to comfort those bereaved during the year. At 31st December 2023 there were 215 communicant members and 330 families connected with the congregation. The average weekly attendance at morning worship is 200. Pastoral care Members of the congregation who are unable to attend church due to sickness or age are visited on a regular basis by the minister, elder5 or by one of the congregation's pastoral visitors, being mindful of pandemic restrictions in place at that time.
TRINITY pRE5BERIAN CHURCH. BALLYMONEY TRUSTEES ANNUAL REPORT (cont'd) Page 5 Mission and outreach At a local level the congregation holds a number of Me55y Church Event5 for young families, and seeks to encourage members of the local communityto attend the various organisations regularly running within the Church. The congregation supports the United Appeal for Mission which is a central fund of the Presbyterian Church in Ireland. This fund enables congregations to support the wider mission of the denomination and enables mi55ion and outreach on a denominational basis beyond what the congregation could do on its own. The United Appeal Fund provides financial support for mission personnel at home and overseas. assists congregations with the deployment of locally based staff, supports the running costs of Union Theological College, the Church's training college for ministry students, and financially supports congregation5 in the areas of worship, discipleship. global mission, outreach. leadership and pastoral care. Presbytery The congregation was represented at the regular meetings of Presbytery by our minister andlor one of the elders. This provides an important link between the congregations and the wider structures of the church. General Assembly The minister and one of ourelders were nominated to attend the meeting of the General Assembly of the Presbyterian Church in Ireland held in Assembly Buildings, Belfast, in June. Organisations Approximately 50 young people attend the Sunday School and Bible Class each Sunday between September and June. Youn8 people are also catered forvia the Senior Youth Club and Base (Youth Fellowship) which meet during the winter month5. The Church also holds an annual Holiday Bible Club where upwards of 80 children attend. The Bowling Club meet on Monday nights for practice and compete in the local Charity league. The ladies of the congregation held monthly fellowship meetings whilst the men's group. MDF, organise various social and ministry events on a regular basis. The young adults group { The Vinel hold occasional social events as well as a monthly Bible study house group while the more senior church members enjoy a monthly lunch served up bythe artive church catering team. There is also a popular coffee morning held twice a month. Volunteers The Trustees wish to acknowledge their deep appreciation ofthose who give freely of their time by serving on committees and helping with organisations and other church activities.
TRINITY PRESBYfERIAN CHURCH, BALLYMONEY TRU5fEES ANNUAL REPORT (cont'd) Page 6 PUBLIC BENEFIT STATEMENT 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 of an understanding in Christian beliefs as set out in the Bible and in the Church's subordinate standards {the Westminister Confession of Faith and the Shorter and Larger Catechisms) leading to spiritual and moral development and opportunities for response to Bible teaching. In turn, this framework leads to practical expre55ions of Christian beliefs and need (including supporting the sick, disabled and bereaved). Generally the above benefits are delivered locally by congregations and their members, or are facilitated through presbyteries or are organised and delivered centrally. Local delivery is facilitated by central resources in almost all cases. Public acce55 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 services and informal and ad-hoc feedback from members, their families, and members of the public. The purpose does not lead to harm. The only private benefit flowing from our purpose is related to Ministers, Missionaries. Deacone55es, Irish Mission workers and Lay Agents who receive benefits a5 a result of their holding office or employment. However, this is incidental and necessary in order to further our charitable purpose. There are no other private benefits. The beneficiarie5 of this purpose are members, their families, other individua15 that the Presbyterian Church in Ireland is in direct and indirect contact with, the community in which pastoral services are provided and other communities throughout Northern Ireland, the Republic of Ireland, and worldwide which benefit from our engagement with and support for both Christian and other secular organsiations, charities and individual members of the public. The Kirk Session has had regard to the Charity Commissions public benefit requirement statutory guidance.
TRINITY PRES8YfERIAN CHURCH. BALLYMONEY TRUSTEES ANNUAL REPORT (cont'd) Page 7 FINANCIAL REVIEW The congregation's main source of income is members, contributions through the Weekly Freewill Offering. There were 196 Contributors during the year donating a total of £119,5831£99,740 in 2022} Total income of the congregation during the year was £266,740 compared to £194,234 In the previous year Expenditure increased from £190,682 in 2022 to £209,945 in 2023. Added to this is depreciation of £83,971 (£70,327 in 2022) giving a total expenditure of £293,916 (£261,009 in 2022). RESPONSIBILITIES IN RESPEcf OF THE FINANCIAL STATEMENTS The Trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. The Trustees are required to prepare financial statements for each financial year which give a true and fair view of the state of affair5 of the congregation and the financial activities for the year. In preparing the financial statements the Trustees are required to". select suitable accounting policies and then apply them conslstently make judgements and estimates that are reasonable and prudent prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Funds will continue in operation. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the funds transactions and disclose with reasonable accuracy at any time the financial position of the congregation and enable them to ensure that the financial statements comply with the Statement of Recommended Practice 'Accounting and Reporting by charities {1 January 20151,. They are also responsible for safeguarding the assets of the congregation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
TRINITY PRESBYfERIAN CHURCH. BALLYMONEY TRUSTEES ANNUAL REPORT {cont'd) page 8 GOING CONCERN The activities of the congregation are dependent on ongoing contributions from its members. The Trustees are of the opinion that the congregation has sufficient resources at the date of approval of these financial statements to meet commitments which will arise in the year from the date of signing this report and subject to the continuing support from mernber5 to fund on an ongoing basis the congregation's current activities and other financial commitments. RESERVES POLICY The Trustees have considered the level of unrestricted reserves that it is appropriate to hold taking account of current and ongoing commitments. It is the policy of the Trustees to hold three to six month's normal expenditure. At the year end unrestricted reserves were £55,552 which represents a higher level of requirement. The Trustees however, consider it prudent to hold reserves at this level as the funding of its present activities is dependent of the ongoing financial support of members. RISK REVIEW A review of major risks has been undertaken by the Trustees and Systems and procedures implemented to manage identified risks. The principal risks are in relation to the likelihood of reputational damage and financial risks associated with the expectation of ongoing financial support from members. These risks are mitigated by the Trustees, and the Congregational Committee, regularly monitoring the various activities of the congregation at stated meetings and by encouraging members in their regular giving. Approved by the Kirk Session at a meeting on 21st April 2024 and signed on its behalf by Rev David Irvin (Trustee) Mr W R Quinn (Trusteel
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF TRINtrY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND Page 9 I report on the accounts for the year ended 31 December 2023 which are set out on page5 10 to 19. Respertlve responsiblllties of charity trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act INorthern Ireland) 2008. It is my responsibility to: examine the accounts under section 65 ofthe Charities Art 2. follow the procedures laid down in the general Direction5 given by the Commission under section 65191{bl of the Charities Act . state whether particular matters have come to my attention. Basis of Independents examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Direttions given bythe Charity Commission for Northern Ireland under section 6519llbl of the Charities Art. My examination included a review of the accounting records kept bythe charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause for concern: i. that the accounting records were not kept in accordance with section 63 of the Charities Act 2. that the accounts do not accord with those accounting records 3. thot the accounts do not comply with the accounting requirements of the Charities Act 4. that there is further information needed for a proper understanding of the accounts to be reached. Independents examlnerfs Statement I have completed my examination and have no concerns in respett of the matters {11 to {41 listed above and. in connection with following the Dirertions of the Charitie5 Commission for Northern Ireland. I have found no matters that require drawingto your attention. Name: W R Crymble Relevant professional qualification or body: CIMA Address: 3 Governor5 Gate Lane, Hillsborough. BT26 6FX Date 19 April 2024
TRINITY PRESBYfERIAN CHURCH a Congregation of The Presbyterian Church In Ireland Page 10 STATEMENT OF FINANCIAL ACTIVITY for the year ended 31 December 2023 Unrestricted Restricted Funds Funds Total 2023 Total 2022 Notes Income and Endowments from: Donations and legacies Charitable activities Activities that generate income Investment Income Other income sources 140,802 102,199 12,030 3,180 12 652 243,001 12,030 4.910 492 6,308 179,467 3,424 3,655 378 7,310 1,730 480 5,656 Total 148,667 118,073 266,740 194,234 Expenditure on: Raising Funds Charitable Activites Other 1,620 142,768 2,069 1,620 284,528 7,768 1,494 254,488 5,027 141,760 5,699 Total 146,457 147.458 293,916 261,009 Net Income / (expenditure) 2,210 (29,385) (27,175) (66,776) Transfers between funds {4,7231 4,723 Net movement in funds 12,5131 {24,662) 127,175) (66,776) Total funds brought forward 58.065 2,146,697 2,204,762 2,271,538 Total funds carried forward 55,552 2,122,035 2.177,587 2,204,762
TRINITY PRESBYfERIAN CHURCH a Congregation of The Presbyterian Church In Ireland Page 11 BALANCE SHEET as at 31 December 2023 Unrestricted Funds Restricted Funds Total 2023 Total 2022 Notes Fixed Assets Tangible assets Investment5 2,057,821 2,057,821 2,059,488 2,057,821 2,057,821 2,059,488 Current Assets Gift Aid Receivable Prepayments Cash at bank and in hand 20,305 8,880 1,536 82,182 92,598 29,186 1,536 127,500 158,222 24,075 45,318 65,624 142,437 166,512 Creditors- falling due within one year 10,072 28,384 38,456 21,238 Net Current Assets 55,552 64,214 119,766 145,274 Creditors- falling due after one year Total Net Assets 55,552 2.122,035 2,177,587 2,204,762 Unrestrirted funds Restricted funds Endowment funds 55,552 55,552 2,122,035 58,065 2,146,697 2,122,035 Total Funds 55,552 2,122,035 2,177,587 2.204,762 Approved by the Kirk Session at a meeting on 21st April 2023 and signed on its behalf by d J Rev David I ine (Trusteel Mr Bertie Quinn {Trusteel
TRINITY PRESBYfERIAN CHURCH a Congregation of The Presbyterian Church In Ireland Page 12 NOTES TO THE ACCOUNTS 310ecember 2023 I. 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 IFRS102) {effective l January 2015). 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 ACOUNTING 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 restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place. Restricted funds comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor and {b> 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.
TRINITY PRESBYfERIAN CHURCH a Congregation of The Presbyterian Church In Ireland Page 13 NOTESTO THE ACCOUNTS 31 December 2023 I. ACCOUNTING POLICIES (cont'd) INCOMING RESOURCES (i) Recognition of incoming resources These are included in the Statement of Financial Activities ISOFAI 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) Incomlng resources with related expenditure Where incoming resources have related expenditure las with fundraising income) the incoming resources and related expenditure are reported gross in the 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 Thi5 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 reali5ed. Gifts in kind for sale or distribution are included in the account5 as gifts only when sold or distributed by the charity. Gift5 in kind for use by the charity are included in the Sofa as incoming resources when receivable. (vli) 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.
TRINITY PRESBYfERIAN CHURCH a Congregation of The Presbyterian Church In Ireland Page 14 NOTES TO THE ACCOUNTS 31 December 2023 I. ACCOUNTING POLICIES (cont'd) (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. EXPENDITURE AND LIABILITIES Ixi) Liability recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the congregation to pay out resource5 (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. ASSETS (xiii) Tangible Fixed Assets Tangible fixed a55ets for use by charity are capitalised if they can be used for more than one year, and cost at least £2,500. They are valued at cost or, if gifted. at the value to the charity on receipt. Depreciation is recorded on all tangible fixed assets other than freehold land, at rates calculated to write of the cost, less estimated residual value, of each asset over its expected useful life as follows Buildings: _ over 50 years Fixtures, fittings and equipment- over ten years Motor Vehicles- over 4 years Computers, software and technical equipment- over 4 years. (xiv) Investments Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees, best estimate of market value.
TRINITY PRESBYfERIAN CHURCH a Congregation of The Presbyterian Church In Ireland Page 15 NOTES TO THE ACCOUNTS ( cont'd) 31 December 2023 Unrestricted Restrirted Funds Funds Total 2023 Total 2022 2 Donations and Legacies Donations and gifts Loose collections Gift Aid Gifts in Kind Legacies and Bequests 113,659 6,837 20,305 60,292 1,628 8,880 31,399 173,950 8.465 29.186 31,399 146,074 9,318 24,075 140,802 102,199 243,001 179,467 3 Charitable Activities Income from Charitable Activities Members Fees Fundraising Events Grants 12,030 12.030 3,424 12,030 12,030 3,424 4 Activities that generate income Trading Income 1.730 3.180 4,910 3,655 5 Investment Income Bank Interest General Investment Fund 477 12 489 374 480 12 492 378 6 Other Income Sources Use of premises Other Income Gifts/ Contributions 4,856 800 4,856 1,452 5,408 1.902 652 5,656 652 6,308 7,310 7 Raising Fund5 Offering Envelopes 1,620 1,620 1.494 8 Charitable Activities General Assembly Assessment5 Presbytery Fees Ministry and support Staff costs Congregational running expenses Donations to Missions and Charities Governance Costs Depreciation Property 29,234 710 78.042 5,993 255 29.489 710 27,938 695 68,727 10,845 36,880 2,021 70,327 37,056 254,488 1,580 6,423 44,323 208 83,971 4,999 141,760 79,622 12,416 44.323 1.527 83,971 32,469 284,528 1.319 27,470 142.768 9 Other Organistion running expenses 2,069 5,699 7,768 5,027
TRINITY PRESBYfERIAN CHURCH a Congregation of The Presbyterian Church In Ireland Page 16 NOTES TO THE ACCOUNTS (CONT'D) 31 December 2023 10. EMPLOYEES Employment Costs Totsl Funds Total Funds 2023 2022 Wages and Salaries Social Security Costs Pension contributions Pulpit Supplies Ministry Allowances 66,779 5,556 10,117 1,313 8,416 92,180 61,320 5,451 9,636 1,025 7,480 84,912 Number of Employees The average number of employees, including the minister of the congregation. during the year was Total Funds Total Funds 2023 2022 Average number of employees There were no employees in receipt of employee benefits in excess of £60,000
TRINITY PRESBYfERIAN CHURCH NOTES TO THE ACCOUNTS ICONT'D) 31 December 2023 Page 17 11. PENSION COSTS 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 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 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 service benefits and funding the scheme deficit. The contributions made by the congregation during the year were Total Funds Total Funds 2023 2022 Contributions 10117 9636 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. Contributions
TRINITY PRE5BYfERIAN CHURCH a Congregation of The Presbyterian Church In Ireland Page 18 NOTES TO THE ACCOUNTS (CONT'D) 31 December 2023 12 TANGIBLE FIXED ASSETS Land & Building5 Fixtures & Fittings Vehicles Total Cost or valuation At l January 2022 Additions Disposals At 31 December 2022 3,516,361 5,000 3,521,361 82,303 82,303 3,516,361 82,303 5,000 3,603,664 Depreciation At l January 2022 Provision for year Eliminated on Disposals At 31 December 2022 1,456,873 70.327 5,000 1,461,873 83,971 13,644 1,527,200 13,644 5,000 1,545,844 Net Book Value At 31 December 2022 1,989,161 68,660 2,057,821 At l January 2022 2,059,488 2,059,488
TRINITY pRE5BERIAN CHURCH a Congregation of The Presbyterian Church In Ireland NOTES TO THE ACCOUNTS I cont'd) 31 December 2023 Page 19 13 Fund Balances and Reconciliation of Funds At start of year At end Expendlture Gainl(Los5) Transfers of year Income Unrestricted Funds General Fund 52.992 148,667 146,457 2,210 350 55,552 Restricted Fund5 United Appeal World Development Presbyterian Children5 Society Leprosy Moderator's Appeal Sunday School Missionary Property Manse Ministry Fund Youth Club Beehive Buddie5 n Bundle5 Bowling Club Coffee Morning Pastoral Care Minibus Womans Fellowship The Vine Catering Time Out Flowers MDF Friendship Lunch 12,519 1,316 1,600 55 12,519 1,316 1,600 55 2.206 19,291 1,767,396 345.019 5,073 716 1.719 873 197 867 25,151 46,166 115 2,848 12,596 2,010 26.444 78.227 10,327 1,580 3,074 11.143} 11.2931 132,0621 110,2121 1,268 9,523 1.064 17,999 1.735,484 334,807 6,341 10.238 1.719 927 208 5,328 361 1,067 1,217 19 344 150 614 561 79 54 261 1,622 1301 227 157 1191 121 340 2.006 12501 11501 3.856 391 840 1,059 38 384 30 507 2.403 309 652 734 2.560 290 650 346 968 714 1.067 1,280 4.302 2,063 1,644 1,628 2.110 13641 2,674 {47} 604 3,387 920 (iooi 2,204.762 266.740 293.916 127.1751 2.177,587
TRINITY PRESBYfERIAN CHURCH a Congregation of The Presbyterian Church In Ireland Page 20 NOTES TO THE ACCOUNTS (CONT'D) 31 December 2023 14. RELATED PARTY TRANSAcfioNS Two of the trustees, the minister of the congregation and the church officer received total remuneration of £54,312 and expenses/allowances of £8,416 for acting in their capacity. Pension contributions of £9,636 were paid by the congregation in respect of the minister to the Presbyterian Church in Ireland Pension Scheme {20091. 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 £13,817 for congregational assessments £12,519 towards the United Appeal £1,316 towards the World DevelopmentAppeal £1,600 to the Presbyterian Children's Society The congregation contributed £710 towards Presbytery Assessments during the year