Presbyter an Terrace Row Presbyterian Church (a congre8atlon of the Presbyterlan Church In Irelandl Trustees Annual Report (for the year ended 31 December 2022) Reglstered with the Charlty Commlsslon for Northern Ireland Reglstratlon Number NIC105552 an TRUSTEES ANNUAL REPORT The Trustees present thelr Annual Report and Flnanclal Statements for the year ended 31 December 2022, Indudlng a Balance Sheet as at that date. REFERENCE AND ADMINISTRATIVE DETAILS Terrace Row Presbyterlan, Terrace Row. Coleralne, County Londonderry, BT52 IHF Re8lstered Charity In Northern Ireland, Reglstratlon Number NIC105552 CHARITY TRUSTEES The Charity Trustees who served durln8 the year of thls report were: Patrlcla Ballentine Robert Campbell Robert Ferguson Dr lan Hadden John Hempsey Donald Kenny Dr lan Mcmaster Tom Moore George Scott Trevor Shlels Douglas Thompson Rev Dr A Brown Dr David Brownlee Noel Dunlop Tom Gllliland Marion Hadden Jack Hutchlnson Pamela Mark Andrew Mlllen Rlchard Pollock Peter Semple George Templeton Elleen Wallace PRINCIPAL OFFICE BEARERS MINISTER Ilev Dr Andrew Brown PASTORAL ASSISTANT Rev l Mcuean FAMILY AND YOUTH MINISTRY CO-ORDINATOR Mrs Marlon Hadden aERK OF SESSION George Scott TrEASURER Tom Moore INDEPENDENT EXAMINER John Mcmullan, SC Hl8h stree( Ballymoney, 8TS3 6AH BANKER&. Danske 8ank, 22 The Dlamond, Coleralne, BT52 IDE )UCffORS: Croasdalles LLP, 23 New Row, Coleralne, BT52 IAD 21Pa8e Terrace Row Presbyterlan Church an STRUCTURE AND MANAGEMENT The Klrk Sesslon The charity trustees of the congregation are the members of Its Klrk Session. Under the congregatlon's governlng document, The Code, the book of the constltutlon and governmert of the Presbyterlan Church In Ireland, the Klrk Sess5on seeks to watch over and promote the splrltual interest of the con8re8ation and of persons not connected wlth anv congregatlon who are wlthln its bounds. It ensures pastoral care is In place in the congre8atlon and seeks to further the contrlbution of the Church to Chrlstlan witness and servlce In the local communlty. The Klrk Sesslons has delegated to Its Congre8atlonal Committee the temporal affalrs of the congregation indudlng adminlsterlng all funds and property belon8ln8 to the congregation. Members of the Klrk Sesslon are ex-officio members of the Con8re8atlonal Committee. The Klrk Session conslsts of the ordained minlster and the ruling elders of the congregation. All members are entltled to propose, speak and exerclse equal votes at meetlngs, except that the Moderator, the minister in active duty In the congregation, has no deliberative but only a castln8 Vote. To be chosen for the office of the eldership In the congregation a person must be a votin8 member and a fegular attendant on its ordlnances. The selectlon of those proposed to be called to the office can be elther by the congregatlon, or by the Klrk Se5slon. Presbytery Under the Presbyterian Church In Ireland form of governance the corporate overslght of a congre8atlon is the responslbillty of a Presbytery which superlntends generally the spirltual and temporal affalrs of the congre8atlons assigned to It by the General Assembly of the Presbyterlan Church In Ireland. Terrace Row Presbyterlan Church has been asslgned to the Coleraine and Llmavady Presbytery of the Presbyterian Church in Ireland. The membershlp of the Presbytery conslsts malnly of the actlve mlnlsters of congre8ations assl8ned to It bv the General Assembly, minsters who have retired from active duty and an elder appointed by the Klrk Sesslon of each con8regatlon. This provides an Important Ilnk between the congregatlon and the wlder structures of the church. 31Pa8e Terrace Row Presbyterlan Church an The General Assembly The General Assembly Is the supreme court of the Church, representing In one body the whole Church and actln8 as its supreme le8lslatSve, admlnlstratlon and ludldal authorlty, in dealln8 wlth all matters brought before IL The General Assembly is normally constituted durlng the flrst week In June for worshlp and to condutt Its buslness. At the end of buslness It Is dissolved. The membershlp of the General Assembly conslsts malnly of the actlve ministers of each con8re8ation, retlred mlnisters and a representatlve elder appointed by the Klrk Session of each congregation. DESCRIPTION AND PURPOSE Terrace Row Presbyterlan Churth Is a congregatlon of the Presbyterlan Churth In Ireland. The Presbyterlan Church In Ireland, as a Reformed Church within the wlder body of ChrisL is grounded In the Scrlptures, and exlsts to love and honour God through falth In HIS Son and by the power of His SplriL and to enable her members to play thelr part In fulfllllng God's mlsslon to our world. The con8re8ation's mission purpose 15 by the grace of God, to help people of all ages become fully devoted followers of Jesus ChrisL Our aim as a con8re8ation is to advance the Gospel of Jesus Christ to all assoclated wlth the church and to the wider communlty. We seek to do thls In an atmosphere of prayer, throu8h publlc worshlp, communal and prlvate Bible study, fellowship through various actlvlties, practical witness In the communlty and support of the church world-wlde. The congre8atlon aims to live out its Mlssion and Vlsion as a family of God's people bv belng: A Covenant Communlty: where our relatlonshlp5 are rooted In the promlses of God bv Ilvin8 faithfully toward hlm and toward one another; An Inter8eneratSonal Community: where adults Intentionally take the lead to enga8e wlth, encourage and nurture younger members to maturlty In Christ; An Outward looklng Communlty: where we want the blesslngs of God that belong to us In the gospel to become blessings for others beyond the bounds of our communlty. and As a con8re8atlon of the Presbyterian Church in Ireland, we believe that the Bible is the supreme authorlty over all we do and that the Westmlnster Confesslon of Falth, alon8 wlth the Larger and Shorter Catechlsms, set out what we understand the Blble teache5 on key matters of Chrlstlan falth and practlce. 41Page Terrace Row Presbyterlan Church an ACTivmES AND OBJECTIVES The congregatlon meets for worship every Sunday and vlsltors are welcome to Soln. The Sacrament of the Lord's Supper Is observed on five occasions during the year and all those who have been baptised and who have made a profession of falth in the Lord Jesus Chr15t are admltted to the Lord's Supper. The congregatlon holds regular blble study meetings and has a wide range of attivities, organlsations and connectlons wlth other ministries In the local communlty and at a global level. ACHIEVEMENTS AND PERFORMANCE Worshlp and prayer The con8re8ation meet for worshlp each Sunday morning and monthly in the evening. Moining servlces are also steamed live on the Internet. Pastoral care Members of the congregatlon who are unable to attend church due to slckness or age are Visited on a regular basis by the mlnister. elders or by the con8regation'5 pastoral assistant. Mlsslon and outreach The congregation places great Importance on local mlsslon and outreach. The Church Is a member of the Coleralne Gospel Partnership, a group of Coleralne churches working tO8ether to promote the Christlan Gospel. The Church Is also represented and actively Involved In local school assemblle& The con8re8atlon supports the Unlted Appeal for Mlsslon whlch Is a central fund of the Presbyterlan Church In Ireland. Thls fvnd enables congregations to support the wlder mlsslon of the denominatlon and to do mission and outreach on denomlnatlonal basls beyond what the congregation could do on its own. The United Appeal Fund provlde5 flnandal support for mlsslon personnel at home and overseas, asslsts congregations with the deployment of locally based staff, enables church plantln& provldes grant support for the upkeep of church premises. a5Si5ts with the wnning costs of Union Theological College, the Church's tralnln8 colle8e for mlnlstry students, and flnanclally supports congregatlon In the areas of worshlp, discipleship, global mlsslon, outreach, leadershlp and pastoral care. In addltlon to our support for PCI mission initiatives, we prayerfully and financially support a range of other mission gioups. The church also runs a weekly Foodbank in association with the Trussell Trust 51Pa8e Terrace Row Presbyterlan Church an Presbytery The congregatlon is represented at meetlngs of Presbytery by our mlnister and a representatlve elder. General Assembly The minister and a nominated elder normally attend the meeting of the General Assembly of the Presbyterlan Church In Ireland held In Assembly Bulldings. Belfa5L Organlsatlons Provlslon is made for a wide range of activities and organisations. Volunteers The Trustees wish to acknowledge thelr deep appreclatlon of those who glve freely of thelr tlme by servln8 on committees and helping with organlsatlons and other thurth actlvities. PUBUC BENEFIT STATEMENT The Presbyteflan Churth In Ireland meets the publlc benefit requlrement by providlng benefit to Its member5 and the general publlc by making known the Chr15tlan Gospel of the Lord Jesus Chrlst through the advancement of religion. The dlrect benefits whlch flow from the purposes of the Church Include the gainln8 of an understandln8 in Christian beliefs a5 set out in the Bible and In the Church'5 Subordinate standards (the Westmlnster Confesslon of Falth and the Shorter and Larger Catechlsms) leadlng to spiritual and moral development and opportunities for response to Bible teachln8. In tum, thls framework leads to practlcal expresslon5 of Chrlstlan bellefs and standards In the local community such as through the care of those in need (includlng the sld(, dlsabled and bereaved). The above beneflts are delivered locally by the con8re8atlon and Its members, or are facllltsted through presbyteries or are organlsed and dellvered centrally. Local dellvery Is facllltated by central resources In almost all cases. Public access Ss made known through the use of notlce boards, prlnted materlal. press advertlsemenL websltes and sodal medla. or In other ways. The beneflts are demonstrated through regular evaluatlon of the servlces and Informal and ad hoc feedback from members, their famllies, and members of the public. 61Pa¢e Terrace Row Presbyterlan Church Presbyter an The purpose does not lead to harm. The only private benefit flowln8 from our purpose Is related to Mlnisters, Mlsslonaries, Deaconesses. Irish Mlsslon workers and Lay Agents who recelve beneflts as a result of their holding office or employment. However, thls Is Inddental and necessary In order to further our charitable purpose. There are no other prlvate benefits. The beneficiaries of this purpose are members, their famllles, otheT Individuals that the Presbyterian Church In Ireland Is In dlrect and Indlrect contart wlth, the community In whlch pastoral servlces are provlded 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 organlsations. charlties and indlvidual members of the publlc The Klrk Sesslon has had re8ard to the Charity Commissions public benefit requirement statutory guidance. FINANCIAL REVIEW The congregation's maln source of unrestricted Income Is regular contrlbutions from member familles. In 2022 this amounted to £119,042 compared to £114.631 In 2021. Total Income from all sources amounted to £262.335 (£231.292 In 2021) whlle expendlture was £267,3701£253,705 In 2021) RESPONSIBIUTIES IN RESPECT OF THE FINANCIAL STATEMENTS The Trustees are responslble for preparlng the Annual Report and the flnanclal statements In accordance wlth appllcable law and Unlted Klngdom Generally Accepted Accountlng Prattice. The Trustees are requlred to prepare finandal statements for each flnanclal year whlth glve a true and falr vlew of the state of affairs of the congregatlons and the finanaal actlvities for that year. In preparing the financial statements the Trustees are required to: Select sultable accounting polides and then apply them cons5stently; make Judgements and estlmates that are reasonable and prudent. and prepare the financial statements on the going concern basis. unless it is inappropriate to presume that the Funds wlll contlnue In operatlon. The Trustees are responslble for keepln8 adequate accountln8 records that are sufficient to show and explaln the funds transactions and dlsclose wlth reasonable accuracy at any t5me the finanaal positlon of the con8re8atlon and enable them to ensure that the financlal Statements comply wlth the Statement of Recommended Practlce "Accounting and Reportlng by Charities (l January 2015)". They are also responsible for safeguardlng the 71Pa8e Terrace Row Presbyterlan Church Presbyter an assets of the congregatlon and hence for takln8 reasonable steps for the preventlon and detectlon of fraud and other Irregularltles. GOING CONCERN The activlties of the congre8atlon are dependent on continuing and falthful contributlons from Its member5. The Trustees are of the opinion that the congre8atlon has sufflclent resources at the date of approval of these financial statements to meet commltments which will arise In the year from the date of slgnlng thls report, sub}ett to the contlnulng support from membefs to fund the congregation's current actlvities and other financlal commttments. RESERVES POUCY The trustees have consldered the level of unrestritted reserves (currently £272,573) and conslder this to be prudent glven future uncertaintles regardln8 both Income and expendStures. RISK REVIEW A revlew of malor risks has been undertaken by the Trustees and systems and procedures Implemented to manage Identified risks. The prlnclpal rlsks are In relatlon to the Ilkelihood of reputational damage and financial rlsks associated wlth the expettation of ongoing financlal support from members. These risks are mlti8ated by the Trustees. and the Congregational Committee, regularly monltorlng the varlous actlvltles of the congregatlon at stated meetln8s and by encoura8ln8 members In thelr re8ular glvin8. Approved by the Klrk Session at a meetln8 on 20 March 2023 and sl8ned on Its behalf bv: George Scott Tom Moore Clerk of Session Churth Treasurer 81Pa8e Terrace Row Presbytorlan Church