CHARITY REGISTRATION NUMBER: NIC105433
First Carrickfergus Congregation of the Presbyterian
Church in Ireland
Unaudited Financial Statements
31 December 2023
AUBREY CAMPBELL & COMPANY
Chartered accountants
631 Lisburn Road
Belfast
BT9 7GT

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Financial Statements
Year ended 31 December 2023
Page
Trustees, annual report
Independent examiner's report to the trustees
Statement of financial activities
11
Statement of financial position
12
Notes to the financial statements
13
The following pages do not fonn part of the financial statements
Detailed statement of financial activities
26
Notes to the detailed statement of financial activities
28

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Trustees, Annual Report
Year ended 31 December 2023
The trustees present their report and the unaudited financial ststements of the charityforthe yearended
31 December 2023.
Reference and administrative details
Charity Name
First Carrickfergus Congregation of the Presbyterian Church in
Ireland
Other names used
By the charity
First Carrickfergus Presbyterian Church
North Street, First Carrickfergus Presbyterian Church
First Presbyterian Church, Carrickfergus
First Carrickfergus
First Carrick
North Street
Northem Ireland
Charity Number
NIC105433
Operational Address
North Street
Carrickfergus
County Antrim
BT38 7AE
Members of the Board
Of Trustees (Kirk Session)
Rev Dr Cecil Grant (Teaching Elder)
Mr Neil Anderson
Mr W Terence Hogg
Mrs Carol Carson
Mr E Raymond Leeman
Mr James L Davison
Mr Peter Mann
Mr William S Doherty
Mr Thomas McFadden
Mrs Pamela Forsythe
Mr Trevor Norris
Mr Thomas Galway
Mr Robert Penney
Mr Graham Hart
Mrs Sharon Primrose
Management Information
Office Bearers
Rev Drceal Grant..................MINISTER
MrWTerence Hogg.................CLERK OF SESSION
Mrs Leslie Oliver.....................SECRETARY OF CONGREGATIONAL
COMMirrEE
..TREASURER
Mr NeilAndèrson..............
Independent examiner
John Magee FCA
Aubrey Campbell & Co
631 Lisburn Road
Belfast
BT9 7GT
Bankers
Danske Bank Limited
Donegall Square West
Belfast
BT16JS

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Trustees. Annual Report (contlnued)
Year ended 31 December 2023
The purpose and objectlves of North Street, First Carrickfergus Presbyterlan Church
Our vision is to become a loving, accepting fellowship of believers who passionately worship God and
reach out to the community in a relevant way. Our ultimate purpose is to put into practice those features
of a Chrislian church identified in the Bible and showing God's love, care and compassion to all with
whom we come in contact. Formally, our purpose is summarised in The Code", The Book of the
Constitution and Govemment of the Presbyterian Church in Ireland as follows:
'3. (1) The visible Church consists of all those throughout the world who profess to believe on the Lord
Jesus Christ for salvation and to live obedient to God s Word, together with their children.
(2) The visible Church was established by the Lord Jesus Christ for the glory of the Father and the
advancement of His Kingdom in the wortd. These great pU￿oseS are lo be accomplished by the
proclamation of the Gospel, by witness-bearing to the tnith as it is in Jesus Christ and by the promotion
of Christian fellowship and mutual edification among all believers.,
It is challenging due to the nature of our purpose, and with the necessary attention to personal privacy,
to articulate performance and achievements in ways Comparable to other enterprises. Later in this
report, we have attempted to represent perfomance and achievement by the general descriptive
measure of the public benefit services and activities provided, the extent of volunteer participation and
the level of attendance and participation by members and the wider public.
Governance and Management Structure
The Board of Trustee5 of North Street First Carrickfergus Presbyterian Church is referred to In the
Presbyierian Church context as the Kirk Session which is made up of the ordained minister and the
Ruling Elders. Ruling Elders are elected by congregational vote based on a list prepared by the Session
of persons nominated by the congregation. The present Elders, and past Elders who served during the
reporting year, are listed above. The Kirk Session is chaired (moderated) by a Teaching Elder who is
normally the Ordained Minister called to the Church.
Under the Presbyterian Church in Ireland (PCI) fomi of governance the corporate oversight of North
Street First Carrickfergus Presbyterian Church is the responsibility of the Carrickfergus Presbytery which
superintends the spiritual and temporal affairs of the congregations assigned to it by the General
Assembly of PCI. The Presbytery consists of the active ministers of congregations within the Presbytery,
retired ministers, one elder appointed by the Kirk Session of each congregation and other individuals
allowed by The Code of PCI.
Whilst the ultimate guide for North Street, First Carrickfergus Presbyterian Church is the Bible, The Code
(or Constitution Document) of the PCI (latest amendment in 2023), forms the governance document
through which we seek to meet our obligations to church members, the public and our statutory
obligations and good practice aspirations under the Charities and other legislation.
At North Street, First Carrickfergus Presbyterian Church, a Clerk of Session is elected from amongst
the elders. The Kirk Session meets at least six times each year. Several Kirk Session Members have
been allocated responsibilities for oversight of programmes of work and church organisations and each
reports, and submiis proposals, to Kirk Session on a regular basis.
Whilst the Kirk Session has overall responsibility for the governance of the church, selected tasks are
delegated to the Congregational Committee (CC). The day-to￿aY management of the church and its
activities is delegated to the Staff Ministry Team. To facilitate communication and consistent decision
making, all members of Kirk Session are ex-officio members of the CC, the Committee is chaired by the
Minister and the CC minutes are a fixed item on the Kirk Session agenda. Staff workplans, budgets and
proposals are reviewed by Kirk Session and subgroups of Kirk Session meet with staff to review
progress and performance.

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Trustees, Annual Report (continued)
Year ended 31 December 2023
Achievements and Performance (Public Benefit Report)
The Trustees are aware of the importance of achieving public benefit as described in the North Street.
First Carrickfergus Presbyterian Church entry on the CCNI Register and welcome the guidance given
in the CCNI documents. We consider that working for the public benefit ha5 been a core activity ofNorth
Street, First Carrickfergus Presbyterian Church since its foundation in 1621 and it frts naturally within
our current vision. It is a continuous thread in discussions and decision making at governance meetings.
In addition to the essential work of our five full and part-time paid employees, unpaid volunteers
contribute a significant number of hours per week in delivering a wide range of activities and services.
This is the source of energy through which our public benefit is delivered, and the Trustees expresstheir
sincere thanks to all our staff and volunteers.
The public benefit services delivered by North Street, First Carrickfergus Presbyterian Church are listed
in Table (i), and a statistical description of the level of participation is shown in Table {ii).
Sunday Services
GB Explorers (3-7 years)
Thursday Fellowship
Sunday Evening Missionary
Services
GB Juniors (8-10 years)
Tots & Co
GB Seniors (11-13 years)
Young Adults
Midweek Wednesday Worship
GB Brigaders (14+ years)
Youth Fellowship
Baptismal Services
GB Former Members
StudentPal
Wedding Services
Indoor Bowling Club
Outreach Ministry- to families
under financial pressures.
Funeral Services
Creche
Easter, Christmas. Harvest &
Remembrance Services
Pastoral visits to homes,
hospitals, Retirement Homes
and Care Homes
Holiday Bible Club {Summer
programme, 5-11 years)
Prayer Meetings
Kids, Crew (children's Sunday
morning programme)
Special fundraising appeals
Alpha Courses
Community use of halls
including Badminton Club
Core Groups
Needle & Natter
BB Anchor Boy514-8 years)
Women's Ministry Group
Fitness Classes
BB Junior Section (8-11 years)
Men's Ministry Group
Big Church Day
BB Company Section (11-14
years)
Women's Bible Study Groups
Music Ministry
Audio Visual Team
Publicly available defibrillator
BB Senior Section (15-18
years)
Back to School Breakfast
Church Lunches
Further details on these organisations and activities are available from our website,
www firslcarrick
res co uk, our Facebook page and from our regular publications and the weekly
printed and emailed announcements.
Several of our organisation5 and activities are provided for children and young people. Essential
Safeguarding and child protection is facilitated through the PCI Taking Care programme for which
we have a member identified as a Designated person.
Table li). Public benefit services provided by North Street, First Carrickfergus Presbyterian
Church

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Trustees, Annual Report (conllnued)
Year ended 31 December 2023
Public Benefit Report (continued)
2023
2022
Number of families under the pastoral care of the church
295
305
Number of
ersons- Under 18
19-64
ears
Over 65
TOTAL
ears
98
333
238
669
115
327
251
693
ears
Average
Weekly
Partici
ants
150
200
150
Average
Weekty
Partici
ants
150
220
150
Sunda
Services
Mornin
Avera
e number of weekl
online views
YouTube
Bible Studies & Fellowship Meetings (excluding Sunday
Services
Sunda
School & Bible Class activities
Non-uniformed or
anisations for children and
Uniformed o
anisations for children and
oun
20
60
142
16
60
148
oun
eo
eo
Youth Week, Summer Pr
ramme.. 40
oun
eo
le annuall
Holida
Bible Club. Summer Pro
ramme= 150 children annua51
Table (ii). Level of participation in services, organisations and activities as a general
descri
tive measure of im
act
The Church made external donations in 2023 of £26.86612022.' £30,106) to worthy causes and
projects during this financial period.

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Trustees, Annual Report (continued)
Year ended 31 December 2023
Statement of Trustees. Responsibilities and Corporate Governance
The organisation has been registered with the Charity Commission for Northern Ireland.
The Elders are responsible for their annual report and for the preparation of financial statements for
each financial year which give a true and fair view of the state of affairs of the Organisation and of the
net movement in funds of the Organisation for that period.
In preparing those financial statements, the Elders are required to:.
Select suitable accounting policies and then apply them consistently-
Observe the methods and principles in the Charities SORP.
Make judgements and estimates that are reasonable and prudent-,
State whether applicable accounting standards have been followed subject to any material
departures disclosed and explained in the financial statements., and
Prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the organisation will continue to function.
The Elders are responsible for ensuring that the organisation keeps proper accounting records which
disclose with reasonable accuracy at any time the financial position of the organisation and to enable
them to ensure that the financial statements comply with Charities legislation. They are also
responsible for safeguarding the assets of the Organisation and hence for taking reasonable steps for
the prevention and detection of fraud and other irregularities and to provide reasonable assurance
that=
The Organisation is operating efficiently and effectively.,
All assets are safeguarded against unauthorised use or disposition and are properly applied.,
Proper records are maintained and financial information used within the Organisation, or for
publication, is reliable. and
The Organisation complies with relevant laws and regulations.
Statement as disclosure to our reporting accountant
In so far as the Elders are aware at the time of approving ourtrustees, annual report..
there is no relevant information, being information needed by the auditor in connection with
preparing their report, of which the charity's reporting accountant is unaware- and
the Elders, having made enquiries of fellow Elders and the charity's reporting accountsnt that
they ought to have individually taken, have each taken all steps that helshe is obliged lo take
as a trustee in order to make themselves aware of any relevant audit information and to
establish that the reporting accountant is aware of that information.

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Trustees, Annual Report (¢onUnuedJ
Year ended 31 December 2023
Internal controls
The Kirk Session has overall responsibility for ensuring that North Street First Carrickfergus
Presbyterian Church has a system of internal control. Such a system of control can provide only
reasonable and not absolute assurance against errors or fraud. Controls are concerned with
safeguarding the church's assets and maintaining the integrity of accounting controls.
Risk Review
The Trustees recognise their responsibility for the identification, assessment and management of risk.
The trustees have implemented systems and procedures to manage identified risks and there is a
strong culture of risk assessment for all activities undertaken by the charty. The principal risks are in
relation to the likelihood of reputational damage and financial risks associated with the expectation of
ongoing support from the Church membership. These risks are mitigated by the Trustees, and the
Congregational Committee. regularly monitoring the various activitie5 of the congregation at stated
meetings and by encouraging members in their regular giving.
Statement of compliance with the duty to have regard to the charity commission for Northern
Ireland's guidance on public benefit
In setting our objectives and planning our activities for the year the trustees have given careful
consideration to the Charity Commission for Northern Ireland's guidance on public benefit to ensure
that the activities have helped to achieve the Charty's purpose and provide a benefit to the
beneficiaries. No harm and no private benefrt flowed from the purposes of the charity.

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Trustees, Annual Report (¢ontinuedJ
Year ended 31 December 2023
Financial Review and Reserves Policy
The Elders believe that the Organisation should hold financial reserves because:
It has little endowment funding and is currently dependent for income upon donations from
year to year wbich are subject to review.,
It requires protection against and the ability to continue operating despite unforeseen
setbacks., and
It requires the ability to be able to take advantage of change and opportunities to further ils
objectives.
The Elders believe that the level of unrestricted reserves represented by investments and net current
assets should be the equivalent of between three and preferably six months, operating costs, calculated
and reviewed annually. Reserves should be built up to the desired level in stages, consistent with the
charity's overall financial position and its need to maintain and develop its charitable activities.
Such unrestricted reserves constitute, in total, a deficit of £36,911 (2022.. £20,814 deficit). To address
the deficit, the elders are taking action in an effort to increase income, and control operating costs which
are currently being funded by surplus restricted cash balances.
During the year ended 31 December 2023, operating costs were in the region of £195,000 per year.
Accordingly, the target reserve balance is between £48,750 (3 months) and £97,500 (6 months). The
current level of reserves therefore is below the terms of the Reserves Policy.
An analysis ofthe Charity's funds is given in Note 17 and the analysis of net assets between the funds
is given in Note 18.
The Elders consider that sufficient resources are held in an appropriate fom to enable each fund to be
applied in accordance with any restriction imposed.
Employees
The Charity aims to be an organisation that employees enjoy working for and where they feel
supported and developed. Employees are kept fully informed about it5 Strategy and objectives, as well
as day to day news and events. Regular information about the organisation is available through
meetings and e-mails. All employees are encouraged to give their views and suggestions on
performance and strategy.
Independent Examiners
John Magee ofAubrey Campbell & Co was appointed as the charity's independent examiner.

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Trustees, Annual Report (continued)
Year ended 31 December 2023
This report
as approved by the Trustees on
2024 and signed on its behalf by:
Mr T Hogg
Trustee
Clerk of Session
Mr N Anderson
Trustee
Treasurer

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Independent Examiner's Report to the Trustees of First Carrickfergus
Congregation of the Presbyterian Church in Ireland
Year ended 31 December 2023
Independent Examinerfs Report to the Trustees of First Carrickfergus Congregatlon of the
Presbyterian chU￿h in Ireland
I report on the financial statements of the of the charity for the year ended 31 December 2023, which
are set out on pages 1 to 28.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the
Charities Act (Northern Ireland) 2008 ('Ihe Act"). The charity's trustees consider that an audit is nol
required for Ihis year under Article 65(3) of the Act and that an independent examination is needed.
Per the information provided to us to carry out our examination, the charity's gross income did not
exceed £500,000 this year, but did exceed £250,000, and did not exceed £500,000 last year.
l am qualified to undertake the examination by being a qualified member of Chartered Accountants
Ireland.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for
independent examination it is my responsibility to-.
examine the accounts under Article 65 of the Charities Act {Northern Ireland) 2008, and
to follow the applicable Directions given by the Charity Commission for Northern Ireland, and
to state whether particular matters have come to my attention
Basis of independent examiner's report
My examination was carried out in accordance with general Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also includes consideration of any
unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning
any such matters. The procedures undertaken do not provide all the evidence that would be required
in an audit, and consequently no opinion is given as to whether the account5 present a 'true and fairf
view and the report is limited to those matters set out in the statement below

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Independent Examiner's Report to the Trustees of First Carrickfergus
Congregation of the Presbyterian Church in Ireland (continugd)
Year ended 31 December 2023
Independent examiner's statement
In connection with my examination, no material matters have come to my attention which give me cause
to believe that in, any material respect-
the accounting records were not kept in accordance with Article 63 of the Charities Act (Northern
Ireland) 2008- or
the accounts did not accord with the accounting records-, or
the accounts did not comply with the applicable requirements concerning the form and content
of accounts set out in the Charities (Accounts and Reports) Regulations (Northern Ireland) 2015
other than any requirement that the accounts give a 'true and fair, view which is not a matter
considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Jo
eeF
rey Cam
ell&Co
Independent Examiner
631 Lisburn Road
Belfast
BT9 7GT
Date".
2019124
10

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Staternent of Financial Activities
Year ended 31 December 2023
2023
Restricted
funds Total funds Total funds
2022
Unrestricted
funds
Note
Income and endowments
Donations and legacies
Charitable activities
Investment income
Other income
120,468
3,227
1,110
21,131
101,029
18,749
14
6,914
221,497
21,976
1,124
28,045
205,561
22,612
360
31,588
Total income
145,936
126,706
272,642
260,121
Expenditure
Expenditure on charitable activities
Total expenditure
193,158
159,430
352,588
352,588
271,880
193.158
159,430
271,880
Net expenditure
(47,222)
(32,724)
(79,946)
(11,759)
Transfers between funds
31,125
(31,125)
Net movement In funds
(16,097)
(63.849)
(79,946)
{11,759)
Reconciliation of funds
Total funds brought forward
Total funds carried forward
120,814)
(36,911)
449,009
428,195
439,953
385,160
348,249
428,195
The statement of financial activilies includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notss on pages 13 to 24 fonn part of these financial ststements.
11

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Statement of Financial Position
31 December 2023
2023
2022
(reststedj
Note
Current assets
Cash at bank and in hand
352.368
432,160
Creditors: amounts falling due within one year
Net current assets
15
4,109
3,965
348,249
348,249
428,195
Total assets less current liabllities
428,195
Net assets
348,249
428,195
Funds of the charity
Restricted funds
Unrestricted funds
385,160
(36.911)
348,249
449,009
(20,814)
428,195
Total charity funds
17
These financial statements on pages 11-24 were approved by the Kirk Session on
on their b half by=
and signed
MrTH
Trustee
Clerk of Session
Mr N Anderson
Trustee
Treasurer
The notes on pages 13 to 24 fomi part of these flnancial statements.
12

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Notes to the Financial Statements
Year ended 31 December 2023
1. Legal Status of the Charity
North Street, First Carrickfergus Presbyterian Church is a Congregation ofthe Presbyterian Church
in Ireland. It is a charity registered in Northern Ireland no. NIC105433.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland., the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP (FRS 102)) and the Charities Act (Northern Ireland) 2008. The charity is a public benefit
entity and a registered charity in Northern Ireland and is unincorporated. The address of the
principal office is North Street, Carrickfergus, BT38 7AE.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The Kirk Session's policy is to undertake ongoing review of the 'Going Concern, status of the
charity, taking note of the organisation's reserves policy and the projected availability of funds to
enable the organi5ation to fulfil its responsibilities.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires Trustees to make judgements, estimates and
assumptions that affect the amounts reported. These estimates and judgements are continually
reviewed and are based on experience and other factors, including expectations of future events
that are believed to be reasonable under the circumstances.
The Kirk Session considers that the organisation has sufFicient funding in place to continue its
operations in the near future and thus deems the use ofthe going concem basis to be appropriate.
To address a deficit in unrestricted funds1£36,911), the Kirk Session is taking action to increase
income and control operating costs currently funded by surpluses in restricted cash balance5.
Fund accounting
Unrestricted funds are funds which are available for use at the discretion of the Kirk Session in
furtherance of the general objectives of the charity and which have not been designated for other
purposes. The fund comprises the accumulated surpluses and deficits of unrestricted income and
expenditure.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed
by donors or which have been raised by the charity for particular purposes. The costs of
administering such funds are charges against the specific fund. The aim and use of each restricted
fund is set out in the notes to Ihe financial statements. Investment income and gains are allocated
to the appropriate fund.
13

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Notes to the Financial Statements (￿ntInued)
Year ended 31 December 2023
Revenue
Items of revenue are recognised and included in the accounts when all of the following criteria are
met..
the charity has entitlement to the funds.,
any performance conditions attached to the item{s} of revenue have been met or are fully
within the control of the charity-,
it is probable that the revenue will be received., and
the amount can be measured reliably.
Revenue received in advance of the provision of a specified service is deferred until the
criteria for revenue recognition are met.
Grants receivable
Grants receivable which relate to the year are credited to revenue within the Statement of Financial
Activities, with unspent balances being carried forward to subsequent years within the relevant
fund. Specific debts are recognised where approved grant expenditure exceeds grant revenue
received to date. Grant revenue relating to future periods is carried fO￿ard under payables.
Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the charity., this is normally upon notification of the interest paid or payable by the Bank.
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to make a payment to
third party, it is probable that settlement will be required and the amount of the obligation can be
measured reliably. Expenditure is classified under the following activity headings..
expenditure on raising funds comprises the costs of marketing and promoting Ihe charity and
its activities.,
expenditure on charitable activities includes the direct costs allocated to the performance of
activities undertaken to further the purposes of the charity and their associated support costs.,
expenditure on other items represent5 those items not falling into any other heading.
Receivables
Trade and other receivables are recognised at the settlement amount due after any trade discount
offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts
due.
Cash and cash equlvalents
Cash and cash equivalents include bank deposits, cash and short-temi highly liquid investments
with a short maturity of three months or less from the date of acquisition or opening of the deposit
or similar account.
Payables and provisions
Payables and provisions are recognised where the charity has a present obligation resulting from
a past event that will probably result in a transfer of funds to a third party and the amount due to
settle the obligation can be measured or estimated reliably. Payables and provisions are normally
recognised at their settlement amount after allowing for any trade discounts due.
14

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Notes to the Financial Statements (contlnued)
Year ended 31 December 2023
Donations and legacies
Unrestricted
Funds
Restricted Totsl Funds
Funds
2023
Donations
Bequest
Donations
United Appeal
Building & Maintenance congregation contribution
Outreach donations
Freewill Offering
804
5,467
6,463
16,219
12,412
16,631
36,368
7,267
21,686
12,412
16,631
36,368
114,197
114,197
Grants
Grant Income
8,186
8,186
Sponsorship
Membership Income
4,750
4,750
120,468
101,029
221,497
Total Funds
2022
freslated)
Donations
Bequest
Donation5
United Appeal
Building & Maintenance congregation contribution
Outreach donations
Freewill Offering
6,941
17,522
225
3,852
13,266
17,808
24,310
7,166
21,374
13,266
17,808
24,310
110,239
110,239
Grants
Grant Income
6,985
6,985
Sponsorship
Membership Income
4,413
4,413
134,702
70,859
205,561
Where 2022 figures have been restated this is to provide meaningful comparatives, for updated income
and expenditure categories, used for the first time in 2023.
15

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Notes to the Financial Statements (contlftu8d)
Year ended 31 December 2023
Charitable activities
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Event income
Rental income
1,884
1,343
18,749
20,633
1,343
21.976
3,227
18,749
Total Funds
2022
frestatedj
Event income
Rental income
1,557
2,409
18,648
20,203
2,409
3,966
18,646
22,612
Investment income
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Bank interest receivable
1,110
14
1,124
Unrestricted
Funds
Restricted Total Funds
Funds
2022
(restated)
Bank interest receivable
352
360
Other income
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Other income - United Appeal Gift Aid
Other income- Gift Aid on Building & Maintenan
congregation contribution
Other income - Gift Aid on Outreach donations
Other income - Gift Aid on FWO & other general
donations
2,403
2,403
3,536
975
3,536
975
21,131
21,131
28,045
21,131
6,914
Mthere 2022 figures have been restated this is to provide meaningful comparatives, for updated income
and expenditure categories, used for the first time in 2023.
16

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Notes to the Financial Statements {contlnuedJ
Year ended 31 December 2023
Other income (continued)
Unrestricted
Funds
Restricted Total Funds
Funds
2022
(reslated)
Other income - United Appeal Gfft Aid
Other income - Gift Aid on Building & Maintenance
congregation contribution
Other income- Gift Aid on Outreach donations
Other income- Gift Aid on FWO & other general
donations
2,518
2,518
3,736
5,340
3.736
5,340
19,994
19,994
19,994
11,594
31.588
Expenditure on charitable activities by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Charitable activities
Support costs
188,445
4,713
193,158
159,430
347,875
4,713
159,430
352,588
Unrestricted
Funds
Restricted Total Funds
Funds
2022
(reslatedj
Charitable activities
Support costs
189.002
5,315
77,563
266,565
5,315
194,317
77,563
271,880
Expenditure on charitable activities by activity type
Aclivities
undertaken
directly
Support Total funds
costs
2023
Total fund
2022
Charitable activities
Governance costs
347,875
347,875
4,713
266,565
5,315
4,713
347,875
4,713
352,588
271,880
Where 2022 figures have been restated this is to provide meaningful comparatives, for updated income
and expenditure categories, used for the first time in 2023.
17

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Notes to the Financial Statements (continued)
Year ended 31 December 2023
10. Charitable collections and dlstributions
Charitable collections and
distributlons:
Turkey Syria Earthquake
Presbyterian Children's Society
Tearfund Harvest
RBL Poppy Appeal
Sunnylands Primary School
Nl Chest Heart Stroke
United Appeal
The Cithrah Foundation
Senior Gateway Club
storehouse
£5,249.50
£ 1,668.75
£4,242.75
£381.10
£87.00
£475.35
£12,805.00
£649.80
£649.80
£649.81
26,858.86
Total
Donations of physical goods were received during 2023 including food, toiletries, baby products
and children's Christmas gifts. The purpose of these donations was to provide support for families
experiencing financial pressures. These donations were passed on in full to third party
organisations for distribution.
11. Independent examination fees
2023
2022
Fees payable to the independent examiner for:
Independent examination of the financial statements
Other financial services
3,700
409
3,270
4,109
3,270
12. Staff costs
The total staff costs and employee benefrts for the reporting period are analysed as follows..
2023
2022
(restated)
Direct Staff Costs
Wages and salaries
Social security costs
Employer contributions to pension plans
Other employee benefrts
49,677
2,169
1,272
304
44,921
1,493
1,103
427
PCI Assessed Staff Costs
Wages and salaries
Employer contributions to pension plans
Other employee benefrts
50.872
12,030
6,750
47,737
11,457
6,606
123,074
113,744
Rev Dr Cecil Grant is employed as the Minister of the Congregation, salary costs are included in
the Presbytery Fees paid in the year. In the current year, the Minister received a Salary of £50,872,
Employer Pension Contribution of £12,030 and expense allowance £6,750.
18

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Notes to the Financial Statements (contlnuedj
Year ended 31 December 2023
12. Staff costs (continued)
The average number of persons. including part-lime staff, employed on UK contracts was 5
12022.5}
No employee received employee benefits of more than £60,000 during the year12022'. nil).
2022 figures have been restated to provide meaningful comparatives, for the updated fomiat of
this staff costs note, used for the first time in 2023.
13. Related parties and trustee remuneration and expenses
The total amount donated to the Charty without conditions from trustees and officers (primary
related parties) and secondary related parties was £37,560 {2022.' £35,463). No trustee received
any remuneration as a result of their Trusteeship of the Charity.
One Trustee was employed by the Charity during the year (2022= 11 and five trustees received
reimbursement of out-of-pocket expenses during the year (2022.. 5). The details are as follows:
Rev Dr Cecil Grant- Employed as Minister of the Congregation
Salary £50,872. Employer
Pension Contribution £12,030, Exp allowance £6.750 and mileage £49.
Rev Dr Cecil Grant (a trustee) received £1,040 by way of reimbursement from the charity where
they had paid charity liabilities from personal funds while acting as an agent for the charity.
Mr Trevor Norris (a trustee) received £135 by way of reimbursement from the charity where they
had paid charity liabilities from personal funds while acting as an agent for the charity.
Mr Neil Anderson (a trustee) received £755 by way of reimbursement from the charity where they
had paid charity liabililies from personal funds while acting as an agent for the charity.
Mrs Sharon Primrose (a trustee) received £86 by way of reimbursement from the charity where
they had paid charity liabilities from personal funds while acting as an agent for the charity.
Mr Raymond Leeman (a trustee) received £300 by way of reimbursement from the charity where
they had paid charity liabilities from personal funds while acting as an agent for the charity.
The following transactions with secondary related parties took place in the year..
Mrs Rosalind Hart - Employed as Church Administrator- spouse of Mr Graham Hart (trustee) -
Salary £14,110, Employer pension contribution £419, Exp allowance £0, Mileage £0.
Mrs Anita Hogg - Employed as Music Director- spouse of Mr W Terence Hogg (trustee) - Salary
£9,784, Employer pension contribution £0, Exp allowance £0, Mileage £0.
North Street, First Carrickfergus Presbyterian Church is a member of Carrickfergus Presbytery
which in turn is a member of the Presbyterian Church in Ireland (PCI). During the 2023 financial
year, Presbytery Fees amounting to £13,638 (2022= £14,275) were paid to the PCI by the charity.
No other trustee or person connected to the charity had any personal interest in any contract or
transaction entered into by the charity during the year (2022 - Nil).
19

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Notes to the Financial Statements (continued)
Year ended 31 December 2023
14. Non-current Assets {Fixed Assets)
Expected Useful
Life
Residual
Value
Buildings
50 years
£985,000
£985,000 is the estimaled Cost of property over all time from the original builds, not the eslimated
valuation or realisable value. The residual value stated matches the estimated cost over all time
so no further depreciation is necessary.
The church manse is insured for an estimated like-for-like rebuilding cost of £383,006.
The church building and halls are insured for an estimated like-for-like rebuilding cost of
£6,083,824.
15. Creditors: amounts falling due within one year
2023
2022
Accruals and deferred income
4,109
3,965
16. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution
plans was £1,272 (2022.. £1,103).
PCI pension plans
The amount recognised in income or expenditure as an expense in relation to PCI pension plans
was £12,030 (2022: £11,457).
20

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Notes to the Financial Statements (continued)
Year ended 31 December 2023
17. Analysis of charitable funds
Unrestricted funds
At
1 January 20
23
At
31 Decembe
r 2023
Income Expenditure
Transfers
General funds
(20,814)
145,936
(193,158)
31,125
(36,911)
At
1 January 20
22
At
31 December
2022
(Restafed)
Income Expenditure
Transfers
General funds
(12,507)
159,014
(194,317)
26,996
(20,814)
Restricted funds
At
1 January 20
23
At
31 Decembe
r 2023
Income Expenditure
Transfers
Restricted Fund - North
Street Presbyterian
449,009
126,706
(159,430)
(31,125)
385,160
At
1 January 20
22
At
31 December
2022
(Restated)
Income Expenditure
Transfers
Restricted Fund North
Street Presbyterian
452,460
101,107
(77,563)
(26,995)
449,009
21

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Notes to the Financial Statements (continuedj
Year ended 31 December 2023
17. Analysis of charitable funds (continued}
At31 Dec
Atl Jan 2023 Incom• Tranders In Expendltyte Transttrs Out 2023
NAME OF FUND
NR
Thc
GerEtal Fund
120,8141 145.936
31,155
1193,1581
1301 136,9111
TOTAL UNRESThCTED FUNDS:
31.155
30
36.911
RE
A71
NALP
BiildirvJs & Maintenwe
RE
279,947 20,377
In.2381
223,086
AND CHA￿TI
United Appea
DEC Tuthey Syiia Eartquake inc Grft Aid
Pres child￿n* S￿letY
Tear Funo Hwst
14,815
114,8151
15,2491
5,249
1.669
11,6691
14,2431
13811
1871
4,243
RBL Poppy Appea
Sunnylants Pthmary Sch&
SeThice Nl Chest Heart & Stroke
381
475
14751
161
M(thratCf Appea for Vkrane Gift Aid
Slthlent Bursary Fund Fift Aid
THER R
OUt[￿h Fund
47.337 37,343
114.4631
135,6051
34,612
Benew)lent Fund l Estate A l Estate B
34.971
6.253
41,224
Charfes Legg Fund
Other Bequests
Messy Chuch I Ctildrerf5 Ministry
prC￿esSi* Bequests
NS&I Bonds
4.102
4,102
13.296
13,296
948
966
2,000
12.7651
1,147
20,000
20,000
29,000
29.000
TrICTED
ANI
NALF
BB Cornp3ny
B￿lIng Club
CE
3,885
6.794
15
16.6381
4.056
1.209
525
14421
15001
792
93
GB Company
GB Fomer Members
6.073
7.942
15
18,7361
12W)
s,094
74
308
11&31
12.3601
12,0901
14691
19011
19811
11,8571
113,2761
138
MeetirvJ Prmnt
Missionary Cemmitte8
Outrexh Ministry
2.318
1.524
130
1,070
1,200
310
2.786
529
2.846
Tols & Co.
1.703
1.050
T￿k ShopAccount
Youth Club
307
1,492
10631
11,4321
1871
339
1.809
2.860
145
1,525
Youth Mini51ry
Outrèach Ministry Cash
TOTAL RESThI¢TED FUNDS..
1.159
9.259
3.853
908
71
41
112
449 009 126.706
7,412
TOTAL FUNDS:
428 195 272 642
38.567
352,$88
Freewill Offering provides the funds for the ongoing running costs of the church including heating,
electricity, insurance. office costs and staff costs.
Buildings and Maintenance provides the funds for all costs related to the repair, rna1ntenan￿ and
development of the church premises.
22

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Notes to the Financial Ststements (continued)
Year ended 31 December 2023
Outreach provides the funds for staff costs and activity costs associated with mission and outreach to
surrounding communities.
United Appeal provides funds forthe Presbyterian Church in Ireland to support identified worthy causes.
Progressive Bequests and NS&I bonds are sums gifted to the church and invested to produce income.
The Benevolent Fund is ulilised by the Minister and Kirk Session to provide support in Cases of
financial hardship. There were no payments made from the Benevolent Fund in 2023. (2022: £1,045)
Restricted Organisational Funds are the funds operated by the organisations of the church and its Youth
Ministry.
18. Analysis of net assets between funds
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Current assets
Creditors less than 1 year
Net assets
(32,8021
(4,109}
(36,911)
385,160
352,358
14,109)
348,249
385,160
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Current assets
Creditors less than 1 year
Net assets
(16,848)
{3,966)
(20,814)
449,009
432,161
13,966)
428,195
449.009
19. Prior year adjustments
The 2023 accounts show a prior year adjustment in relation to transfers from restricted funds to
unrestricted funds of £26,955 (Statement of Financial Position and note 17), which were not shown
in the 2022 accounts. The net transfers of £26,995 not shown in the 2022 accounts were made up
of transfers from the Outreach Fund for salaries of the church's youth and family workers and
smaller transfers from the Outreach Fund and other restricted organisational funds. The figure
stated in the 2022 accounts for the overall funds of the charity at the end of 2022 was correct.
However, by not showing the net transfers of £26,995 from restricted funds to unrestricted funds,
the figures stated for restricted funds and unrestricted funds at the end of 2022 were incorrect. In
these 2023 account5, the end-of-year balances for restricted funds and unrestricted funds, for both
2022 and 2023, have been made correct by this adjustment.
20. Financial Commitments
At 31 December 2023 the charity has no annual commitments under non-cancellable leases orany
other financial commitments that are not recognised in the accounts {2022: £nil}. First Carrickfergus
Congregation of the Presbyterian Church in Ireland has entered into a number of long-temi
contracts for the supply of services all of which are cancellable.
23

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Notes to the Financial Statements (continued)
Year ended 31 December 2023
21. Transfers between funds
Funds are routinely transferred by affiliated church groups to cover the costs of using the church's
facilities, resources and staff..
Unrestrlcted Restrictsd Totsls
Funds
Funds
2023
To general frjnd from Outreach for family worf(er
To general fijnd from Outreach for youth and child worker
To Boys, Brigade Company from general fvnd relating to bequest
To general fvnd from Girfs Brigade towards heal & light
From general fijnd to Girts Brigade relating to bequest
From Fomer Members Association to general fijnd (heat & light)
From Bowling club lo general fynd
15,656
14,748
1151
200
1151
50
500
{15.656)
114.748)
15
12001
15
1501
(5001
Totsl¥.
31,125
(31.125}
24-

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Management Information
Year ended 31 December 2023
The following pages do not form part of the financial statements.
25

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Detsiled Statement of Financial Activities
Year ended 31 December 2023
2023
2022
Income and endowments
Donations and legacies
Bequest
Donations
United Appeal
Building & Maintenance congregation contribution
Outreach donations
Freewill Offering
Grant Income
Membership Income
7,267
21,686
12,412
16,631
36,368
114,197
8.186
4.750
7,166
21,374
13,266
17,808
24,310
110,239
6,985
4,413
221,497
205,561
Charitable activities
Event income
Rental income
20,633
1,343
20,203
2,409
21,976
22,612
Investment income
Bank interest receivable
1,124
360
Other income
Other income- United Appeal Gift Aid
Other income- Gift Aid on Building & Maintenance congregation
contribution
Other income - Gift Aid on Outreach donations
Other income - Gift Aid on FWO & other general donations
2,403
2,518
3,536
975
21,131
3,736
5,340
19,994
28,045
31,588
Total income
272.642
260,121
26

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Detailed Statement of Financial Activities fcontinuedj
Year ended 31 December 2023
2023
2022
Expenditure
Expenditure on charitable activities
Purchases
Wages and salaries
Employer's NIC
Pension costs
other employee benefits
Rates and water
Light and heat
Repairs and maintenance
Insurance
Activity expenses
Catering
5,598
49,677
2,169
1.272
304
847
15,297
86,605
5.505
39.138
3,712
4,104
44,921
1,493
1,103
427
804
9,070
28,542
5,075
25,910
2,310
v-11
Presbytery fees
Prizes & gifts
Telephone
Other office costs
Sundry Donations
Giftaid & bequest transfers from No 1 account
United Appeal Donations
Advertising
Training
Bank charges
Subscriptions
Arts & crafts expenses
Missionary Donations
Accountancy fees
90,915
14,244
1,580
4,795
1,865
806
14,754
1,617
87,619
18,798
1,734
7,153
1,467
831
16,324
1,774
350
553
3,185
268
2,750
5,315
647
3,683
780
2,025
4,713
352,588
271,880
Total expenditure
352,588
271,880
Net expenditure
179,946)
(11,759)
27

First Carrickfergus Congregation of the Presbyterian Church in Ireland
Notes to the Detailed Statement of Financial Activities
Year ended 31 December 2023
2023
2022
Expenditure on charitable activities
Charitable activities
Activities undertaken directly
Purchases
Wages and salaries
Employer's NIC
Pension costs
Other employee benefrts
Rates and water
Light and heat
Repairs and maintenance
Insurance
Activity expenses
S.598
49.677
2,169
1,272
304
847
15,297
86,605
5,505
39,138
4,104
44,921
1,493
1.103
427
804
9,070
28,542
5,075
25,910
111
Catering costs
Presbytery fees
Prizes & Gifts
Telephone
Other office costs
Sundry Donations
Giftaid & bequests transfers from No 1 account
United Appeal donations
Advertising
Training
Bank charges
Subscriptions
Arts & crafts expenses
Missionary Donations
3,712
90,916
14,244
1,580
4,795
1,865
806
14,754
1,617
2,310
87,619
18.798
1.734
7,153
1,467
831
16,324
1,774
350
553
3,185
268
2,750
647
3,683
780
2,025
347,875
266,565
Governance costs
Governan￿ costs - accountancy fees
4.713
5,315
Expenditure on charitable activities
352.588
271,880
28