an CLOUGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees Annual Report and Financial Statements for the year ended 31 December 2024 Registered Charity in Northern Ireland (NICIO5560)
an CLOUGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT The Trustees present their Annual Report and Financial Statements for the year ended 31 December 2024 including a Statement of Assets and Liabilities as at that date. REFERENCE AND ADMINISTRATIVE DETAILS Clough Congregation of the Presbyterian Church in Ireland. coespOndenCe adthess.. 48 Springmount Roa(L Glanyford. Ballymen4 Co. Antrim. BT44 9RB. Registered Charity in Northern Ireland (NIC105560). CHARITY TRUSTEES The Charity Trustees who served during the year or who were trustees at the date of this report were.. Mr Stanley Alexander Mr Robin Cheny - died 26 April 2025 Mr Jack Compton Mr Lyle Cubitt Mr Sammy Currie Mr Ian Ferguson Mr Raymond Frew Mr George Gregg Mr Ross Humphrey Mr lan Johnston Mr Robin Johnston Rev Trevor Kane - l January to 28th November 2024 MT Jarnes Mcwilliarns Mr Harold Richmond Rev Mark Rodgers - appointed 29th November 2024 Mr Alex Waide Mr Geoff Wylie PRINCIPAL OFFICE BEIIRERS Minister.. Convenor.. Clerk of Session: Treasurers" Rev Mark Rodgers- installed 29 November 2024 Rev Trevor Kane - 1° January to 28 November 2024 Mr lan Johnston Mr Wallace Gregg & Mr Alan Finlay INDEPENDENT EXAMINER James Gille5pie {F.C.A.) Stevenson and Wilson Chartered Accountants 22-30 Broadway Ave, Ballymena. BT43 7AA. BAINKERS Danske Bank l Broadway Avenue, Ballymena. BT43 7PE.
an CLOUGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) STRUCTURE AYJ D MANAGEMENT The Kirk Session The charity ttustees 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 watch over and Promote the spiritual interest of the congregation and of persons not connected with any congregation who are within its bounds. It ensures pastordl care is in place in the congregation and seeks to further the contribution of the Church to Christian withess and service in the local community. The Kirk Session has delegated to its Congregational Committee the temporal affairs of the congregation including administering funds (excluding those specifically under session s control) and propety belonging to the congregation. Members of the Kirk Session are ex-officio TnevnbeTS of the Conwgational CommTttee. The Kirk Session consists of the OTdained minister and the ruling elders of the congregation. All members are entitled to propose. speak and exercise equal votes at meetings. except that the Moderdtor. the Ministers in active duty in the congregation. has no deliberative but only a casting vote. Stated meetings of the Kirk session are held at least six times in each year. To be chosen for the oifice of the eldership in the congregation a person must be a voting member and a regular attendant on its ordinances. The selection ol those PTOP05ed to be called to the office can be either by the congregation or by the Kirk Session. Members are elected if they obtain two-thirds of those who vote. Presbytery Under the Presbyterian Church in Ireland forn) of governance the Corporate oversight of a congregation is the responsibility of a Presbytery which superintends generally the spiritual and temporal affair5 of the congregations assigned to it by the General Assembly of the Presbyierian Church in Ireland. Clough congregation of the Presbyterian Church has been assigned to the Ballymena Presbytery of the Presbyterian Church in Ireland. The membership of the Presbytery consists mainly of the active ministers of congregations assigned to it by the General Assembly, minsters who have retired from active duty and an elder appointed by the Kirk Session of the congregation. The General Assembly The General Assembly is the supreme court of the Church, ryresenting in one body the whole Church and acting as its supreme legislative, administration and judicial authority. in dealing with all matters brought before it. The GeneTal Assembly is noTn]ally constituted duTing the first week in Juv]e for worship and to conduct its business. At the end of business, it is dissolved. The membership of the General Assembly consists mainly of the active ministers of each congregation, retired minsters and a representative elder appointed by the Kirk Session of each congregation.
an CLOUGH CONGREGATION OF THE PRESBYTEIUAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) DESCIUPTION AND PURPOSE The charitable purpose of the congregation is the advancement of religion. Clough congregation of the Presbyterian Church is a congregation of the Presbyterian Church in Ireland. The Presbyterian Church in Ireland, as a Refornied 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 statement is as follows: Clough Presbyterian Church exists to propagate the Christian faith I religion in the village of Clough, Co. Antrim. The spiritual vitality and the material I social wellbeing of the local community are of paramount concem to the Trustees. A5 those who have subscribed to the Westminster Confession of Faith, the Trustees seek to promote a Culture where God is glorified, honoured and enjoyed - both in word and deed. Furthermore, the Kirk Session seeks to provide a wann. caring and pastordlly-sensitive environment for the entire family. The family can, as a unit, experience the privilege of worshipping together at our stated services. In addition, there is a number of youth organisations that seek to enhance the educational. sporting and social skills of the children and teenagers entrusted to our care. In short, Clough Presbyterian Church is a God-centred, community-based and family orientated community of Christians. ACTIVITIES AND OBJECTIVES The congregation meets for worship every Sunday and visitors are welcome to join. The Sacrament of the Lords Supper was observed on two occasions (May and October) 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 has a wide range of organisations including: Sunday School IndooT Bowing Club Boys, Brigade Girls, Brigade Connect Holiday Bible Club Choir Youth@Clough
an CLOUGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) ACHIEVEMENTS AND PERFORMANCE Worship and prayer At the start of 2024 Rev. Trevor Kane was appointed by Ballymena Presbytery as vacancy convenor. Rev. Kane organised pulpit supply for all services. chaired meetings of Kirk Session and Committee. and took the congregation thTough the vacancy PTo¢ess. At a congregational meeting on 30 September 2024, Mr. Mark Rodgers was called to be the next minister and he was installed and ordained on 29 November 2024. The congregation meets for worship each Sunday at 12 noon ( I l am July & August) and 7pm October to April. Crèche is provided for pre-school children during morning worship and other children up to the age of eight leaving the tnain church during the service for children's church. During the week the Mid-week Prayer and 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 OUT regular services during the year we acknowledged God's gift of new life at one Sacrament of Baptism. There were no marriage services conducted in the church during 2024. During the year we had 23 people connected with the congregation who passed away and we soughi to comfort those families. At 31 Decetnber 2024 there were 275 communicant members and 270 families connected with the congregation. The average attendance at morning worship in 2024 was 150 and 40 at the evening service. 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 mini5teT and elders. Mission and outreach The mission aspect of the congregation is founded on the mission purpose as set out above and manifests itsellin various ways as compassionate Christianity. Organisations under the direct control of the Congregation such &$ GB. BB. Sunday School. Holiday Bible Club & Youth@Clough cater not only for the young people of the Church but for young people from the local community who have no connection with the Congregation. The midweek prayer meeting, Connect and the bowling club cater for the congregation members and are open to the wider community to attend. At local level the congregation is connected with the l¥imary school and the school is granted use of the Church premises for their annual Christmas presentation. Reverend Rodgers regularly attends the school to conduct morning worship. Glanyford Young Fanners Club hold their annual service in the Church every other year and the Loyal Orders are granted pern)ission for their annual church services. The congregation supports the local Church of Ireland at their annual harvest service and also if they have fund raising events. Apart from Freewill offering. repair Fund and the United Appeal charitable donations by the Congregation and the associated organisations have been made inter alia to the following- The Royal BTlt15h Legion, European Mission Fellowship. Leprosy Mission. Mission Fund homeloverseas, Presbyterian Children's Society, Children's Hospice, Lukemia Lymphoma and the Samaritans.
an CLOUGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) Mission and outreach (cont'd) With the continued cost of living crisis. Clough PreSbYriaTr Church held two Foodbank Appeals in 2024. The congregation were asked to bring non-perishable food items and toiletries to the collection point in the vestibule. After the items were sorted and dated. they were delivered to our local food bank in Ballyloughan Presbyterian Church. where they were gratefully received. Philippian5 2 v 4 "Let each of you look not only to his own interests but also to the interests of others" The congregation supports the United Appeal for Mission which is a central fund of the Presbyterian Church in Ireland. This fund enables COnegatiOnS to support the wider mission of the denomination and to do mission and outreach on a denominational basis beyond what the congregation could do on its own. The United Appeal Fund provides fmancial support for mission personnel at home and overseas, assists congregations with the deployment of locally based staff, enables church planting, provides grant support for the upkeep of church premises, assist with the running costs of Union Theological College, the Church's trdining college for rninisty students, and fmancially supports congregation in the areas of worship, discipleship, global mission, outreach, leadership and pastoral care. The congregation also contributes to the denorninations annual World Development Appeal and any other special appeals. Presbytery The congregation was represented at the regular meetings of Presbytery by our minister and one of the elders. This provides an important link between the congregations and the wider strnctures of the church. General Assembly The minister and the representative elder were nominated to attend the meetings of the General Assembly of the Presbyterian Church in Ireland, held in Assembly Buildings in Belfast. The meetings took place in June 2023. Property During the year there was a major refurbishment Caled out on the heating system of the church and church hall buildings costing £34,956.
an CLOUGH CONGREGATION OF THE PRESBYTERIAN CItURCH IN IRELAIYD TRUSTEES ANNUAL REPORT (cont'd) Organi5ations s, Bri ade First Clough Company of the Boys 'Brigade is comprised of three sections meeting each Friday evening between September and March. We had five officers. three helpers and 46 boys on our register. from the ages of 4-18. We provide a wide range of activities each evening such as games. drill, badge work and bible study. Girls, Bri ade The Girls, Brigade session started in early SepteTnbeT Wlth over 60 girls aged 3 to 18 on the register. Each week the girls took part in craft, scripture and games. The 2024125 session marked our 50 anniversary year, with various events held to mark the occasion. The scripture theme was ' We Believe We had many visits, talks and workshops from local Believers in Business. The girls also took part in the ' Go Wild. programme alongside GBNI. Each section is provided with a range of activities each week. such as craft. scripture and physical activities. Youth Clou Youth@Clough has continued to meet regularly in 2024 with 15-20 young people joining the leaders on a Saturday evenints frotn 7:30-9:30pm for fun and fellowship. We continue to offer a varied programme with games, crafts, cooking, tuck shop. pizza & donuts. We have also invited a range of 5peaker5 to share the gospel message with the young people" Beth Montgomery from Asia Link, Pauline & Agnes from the Foodbank in Ballyloughan, B.O.M.B. (Believers on Mountain Bikes), Made for More and some of our own leaders too. The young people and leaders completed a High Ropes course in Antrim in May 2024 and joined with neighbouring churches of Killymurris and Cloughwaler to have fun on Castlerock Beach in June. A Praise Service was held in church in June 2024, to share with the congregation what has beev] happening in the OTganization and to thank God for his great love and provision. The highlight of the year was in December when the young people discussed the true meaning of Christmas in small gTOUPS. The leaders were so encouraged by their openness and interest in what the bible has to say. Holida Bible Club HBC in 2024 was held over 3 nights.. Tuesday 30th. Wednesday 3 1st July and Thursday I st August from 6..30 - 8:00 pm. Approximately 70 children of Primary School age attended each evening to hear about God and take part in CTafts, games, bakincr go-karts, refreshments, learning memory verses and singing. We used Scripture Union Mega Makers material for the stories. focusing on the book of Matthew: Jesus invites Matthew to follow Him, Jesus calms the storm and Christ's death and resurrection. Each evening, the children were encouraged to make the decision to follow Jesus. On the Friday nighi. the youth. including those going into Year 8, had a night of fun at church which included a BBQ. inflatables. epilogue from one of our young leaders and ending with a water fight. God blessed us with a great week of fellowship, dry weather and safety. We look to Him to water the seeds sown.
an CLOUGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) Organisations (cont'd) Choir During 2024 the choir. which is made up of around 30 ladies and gentlemen, led the praise at our services each Sunday, ably assisted by instrumentalists and led by the musical director. Mrs. Jackie Wylie. We are very blessed to have a great age range in the choir. 16 years old being the youngest and 92 years old our most senioT member, all using their gifts and talents to lift praises to Almighty God. Connect Connect is an organisation for the ladies of Clough Church to have a common focus on God. God -church Community. Connect plays a vital part to bring all these 3 aspects together by asking speaking to come along to Connect. We meet formally Sept -April and then during summer months we organise walks and outings but in the more fonnal meetings this gives us an opportunity to offer fll)ancial and prdyerful support and encouragement to speakers such a5 Amy Lennox reaching out to others Wlth hei testimony and Jennifer Harkness from Cullybackey with her work at Muylata Children's Mission in Zambia. We also give prayerful practical and financial support to the wider Mission of PCI. In 2024 Presbyterian Woman donated over £350.000 and this went towards funding of 2 deacone55es, PCI Global Mission workers in I I countries also the work of South Belfast Fellowship house and other special projects in 2024 the Prison Fellowship and Woman's Guild in Zambia. Connect organi5ed a coffee tnorning in April 2024 and along with the loose offering at an Aprtl Sunday service the money raised went towards Mission funds. Mission funds continue to make a difference in God's world. We also along with other organisations supported fund raising for Leukaemia and Lymphoma Nl charity which was very relevant to members of the Congregation. Indoor Bowlin Club The Indoor Bowling nonnally meets on Tuesday nights from September to March. Average attendance on club nights was 25. The club competes in the local churches, leLoue. Sunda School During 2024. Sunday School and Bible Class met each Sunday morning during tenn-time. with approxirnately 60 children and young people on the roll. As well as weekly bible stories and discussions, the Children were delighted to lead our Children's Day Service in June and to perforni a short nativity play at Christmas. Volunteers The Trustees wish to acknowledge their deep appreciation of those who give freely of their time by serving on committees and helping with organizations and other church activities.
an CLOUGH CONGREGATION OF THE PRESBYTERIAN CIIURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) 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 frotn 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 Westminster Confession of Faith and the Shorter and Larger Catechisms) leading to spiritual and moral development and opportunities for response to Bible teaching. In thrn, this framework leads to practical expressions of Christian beliefs and standards in the local community such through the care of those in need (including the SICK disabled and bereaved). Generally, the above benefits are delivered locally by COT]gregations and their rnembers. or are facilitated through presbyteries or are organised and delivered centrdlly. Local delivery is facilitated by central resources in almost all cases. Public access is made known through the use of noticeboard5. 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 harni. The only private benefit flowing from our Purpose is related to Ministers, Missionaries, Deaconesses. Irish Mission workers and Lay Agents who receive benefits as a result of their holding office OT employment. However, this is incidental and necessary in order to further our charitable puOSe. There are no other private benefits. The beneficiaries of this purpose are members, their families, other individuals that the Presbyterian Church in ITeland is in direct and indirect contact with, the community in which pastoral services are provided and other communities throughout Northern Ireland, the Republic of ITeland, and worldwide which benefit from our engagement with and support for both Christian and other secular organisations. charities and individual members of the public. The Kirk Session has had regard to the Charity Commissions Public benefit requirement statutory guidance.
an CLOUGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) FINANCIAL REVIEW The congregation's main source of income is members. contributions through the Weekly Freewill Offering. There were 390 contributors during the year 2024 (405 in previou5 year) donating a total of £95,266 (£93.247 in previous year). Total income of the congregation during the year was £175,404 compared to £156,700 in the previous year. This increase is mostly due to increased Weekly Freewill Offerings, Gift Aid receipts and interest generated on funds invested in a fixed rate bond. Total expenditUTe decreased from £170,559 in 2023 to £160,180 in 2024. With the church being vacant for the most of the year the level of PCI assessments reduced substantially. but this reduction was partially offset by the cost of the major refurbishment Caled out on the heating system of the church and church hall buildÈngs during the year. STATEMENT OF TRUSTEE RESPONSIBILITIES The Trustees are responsible for preparing the annual report and the financial statements of the congregation in accordance with applicable law and generally accepted accounting practice. As the congregation's total income does not exceed £250.000. the Trustees have elected under Section 64(3) of the Charities Act (Northern Ireland) 208 to prepare a receipts and payment account and a statement of &ssets and liabilities. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the congregation's transactions and disclose with reasonable accuracy at any time its fmancial position. They ale also responsible for safeguarding the assets ofthe congregation and hence for taking reasollable steps for the prevention and detection of frdud and other irregularities. Approved by the Kirk Session on 30th September 2025 and signed on its behalf by: Signature: Signature: Name: Rev. Mark Rodgers (Minister) Name: Ian Johnston (Clerk of Session)
an INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF CLOUGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND I report on the accounts of Clough congregation for the year ended 31 December 2024, which are set out on pages 11 to 17. Respective responsibilities of eharity trustees and examiner As the charity's trustees you are responsible for the Preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is rny responsibility to= examine the accounts under section 65 of the Charities Act follow the procedure5 laid down in the general Directions given by the Commission under section 65{9)(b) of the Charities Act state whether particular matters have come to my attention. Basis of independent examiner's report I have examined your charity accounts a5 required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9}(b) of the Charities Act. My examination included a review of the accounting records kept by the 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 Tnatters. My role is to state whether any material matters have come to my attention giving me cause to believe.. l. That 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. That the accounts do not comply with the accounting requirements of the Charities Act 4. That there is further infonnation needed for a proper understanding of the accounts to be reached. Independent examiner's statement I have completed my examination and have no concerns in respect of the matters (l ) to (4) listed above and. in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. ames Gillespie (F.C.A.) Stevenson and Wilson 22-30 Broadway Avenue Ballymena BT43 7AA Chartered Accountants Date.. 30th September 2025 10
an CLOUGH CONGREGATION OF THE PRESBYTEIUAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (RECEIPTS AND PAYMENfs ACCOUNT) FOR THE YEAR ENDED 31st DECEMBER 2024 Note Unrestricted Fund5 Restrieted Funds Endowment Funds Total 2024 Total 2023 Receipts Donations and legacies Charitable activities Other trading activities Investment income Other income AJ5J25 310 21 9,689 34,991 3,922 330 339 10.045 150,316 4,232 351 J 0,460 10,045 141,493 4,431 1,021 1,431 8,324 432 Total Receipts 125,345 49.627 432 175,404 156.700 Payments Raising funds Charitable activities Other expenditure Capital expenditure 1,200 50,770 22,475 1,200 84,227 74,753 1,240 138.126 31.193 33.457 52.278 Total Payments 74.445 85,735 160,180 170,559 Net receipts / (payments) Transfers between funds 50,900 (10.683) (36,108) 11,115 432 (432) 15,224 (13,859) Net movement in funds 40,217 (24,993) 15,224 (13,859)
an CLOUGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS IIND LIABILITIES AS AT 315t DECEMBER 2024 Unrestricted Funds Restricted Fund5 Endoivment Total Funds Funds 2024 Total Funds 2023 Funds Reconciliation- Note 11 Bank, cash and investments at start of year Net movement in funds Movement in value of PCI investment 358,496 40317 66,164 (24,993) 19,992 444,652 15,224 881 456,965 (13,859) 1,546 Bank, cash and investmethts at end of year 398,713 41,171 20,873 460,757 444,652 Bank and Cash Balances PCI investment fund Bank deposit accounts Bank cuent accounts 19,512 203,280 237,965 18,631 193,591 232,430 460,757 444,652 Other Assets Fixed Assets- Note 10 Church and Hall buildings and contents New manse building at 15, Manse Road. Clough Gift Aid receivable on donations 4,298,632 792,575 18,751 3,660,049 518,963 15,826 5,109,958 4,194.838 Liabilities Accrnals 3,978 3,576 3,978 3,576 Approved by the Kirk Session on 30 September 2025 and signed on its behalf by: Signature: Signature: Name.. Rev. Mark Rodgers Name: lan Johnston 12
an CLOUGH CONGREGATION OF THE PRESBYTEIUAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2024 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total income of the congregation 15 less than £250,000 the congregation have elected in accordance with the piovision5 in The Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 to prepare its accounts on a receipts and payments basis. FUND ACCOUNTING 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 fwst place. Restricted funds comprise (a) incolne from endowments which is to be expended only on the restricted purposes intended by the donor and (b) revenue donations or grdnts for a specific congregational activity intended by the donor. Where these funds have unspent balances. interest on their pooled iThve5tment is apportioned to the individual funds on an average balance basis. Unrestricted fld5 are income fund5 which are to be spent on the congregation's generdl purposes. Designated funds are general funds set aside by the congregation for use in the fvture. DONATIONS AND LEGACIES Unrestri¢led Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Recorded giving: Loose collections Donations and gifts Gift Aid Organisation and membership fees 3,107 96,678 15,540 3,107 125,593 19,476 2,140 2,605 120,833 15,826 2,229 28,915 3,936 2,140 115J25 34.991 150,316 141,493 13
an CLOUGH CONGREGATION OF THE PRESBYTEtUAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (continued) CHARITABLE ACTIVITIES Unrestricted Funds Restrieled Funds Endowment Funds Total 2024 Total 2023 Charitable activity - publications Charitable activity - other 310 760 3,162 1,070 3,162 1,020 3,411 310 3,922 4,232 4,431 OTHER TRADING ACTIVITIES Unrestricted Funds Restrieted Funds Endowment Funds Total 2024 Total 2023 Rental income Sundry incorne 330 330 21 310 711 21 21 330 351 1,021 INVESTMENT INCOME Unrestrieted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Deposit interest 9,689 339 432 10,460 1,431 9,689 339 432 J 0,460 1,431 OTHER INCOME Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Energy bill support grant Education Board gTant Pastoral Aid cover funding from PCI Other receipts 600 2,800 4,898 26 3,974 3,974 6,071 6,071 10,045 10,045 8,324 14
an CLOUGH CONGREGATION OF THE PRESBYTERIAN CItURCH IN IRELAND NOTES TO THE ACCOUNTS (continued) RAISING FUNDS Unrestricted Funds Restricted Funds Endowment Fund5 Total 2024 Total 2023 FWO envelopes J200 1,200 1,240 1,200 1,200 1,240 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Ministy and support staff costs General Assembly Assessments Events and catering expenses Congregational running expenses Stationery and teaching materials Presbytery fees Publications Donations to missions and charities 31,017 9.660 1.827 5,712 1,850 419 5,172 lJ39 4.034 7,175 12 36,189 10,999 5,861 12,887 1,862 419 775 15,235 72,220 22,200 5,014 13,918 2,024 398 735 21,617 775 14,950 285 50,770 33,457 84,227 138,126 OTHER EXPENDITURE Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Repairs and maintenance Utilities Governance costs Accountancy 50,011 1.240 1.027 50,011 19,693 1,071 3,978 11,053 16,104 469 3,567 18.453 44 3.978 22.475 52278 74,753 31,193 15
an CLOUGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (conlinued) io. FJXED ASSETS The assets of the Church comprise.. Church and hall buildings, stores and contents at 35 Springmount R Clough, Ballymena Manse at 15 Manse Road. Clough BT44 9RE All of the above assets are included in the Statement of Assets and Liabilities at their current insurance valuation. Any fixed assets purchased for use by the charity have been 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. The Trustees have agreed that any fixed asset addition with a value of less than £2,500 does not need to be shown as an asset Ond will simply be written off as expenditure in the year of purchase. This is reviewed on an annual basis by the Trustees. 16
an CLOUGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (continued) 11. FUND BALANCES Fund Balance at 1st January 2024 Total Receipts Total Payments Surplus I (deficit) Movement in PCI investment value Transfer between funds Balance at 31. December 2024 Unrestrict¢d Funds No. l account - unrestricted Session accounts 55,329 303,167 114,816 10,529 70,555 3,890 44,261 6,639 (10,683) 88,907 309,806 358,496 125J45 74,445 50,900 (10,683) 398,713 Restricted Funds No. l account - restricted No. l account- midweek Repairs account Sunday School account Connect account Choir account Junior Christian Endeavour account 18.389 21,368 169 50.346 649 2,638 225 (2,979) (169) (32.633) (158) 1,098 (225) 2,979 1.150 30,783 15,450 445 573 981 6.286 15.292 1,543 348 17.713 491 3,736 8.136 144 2,759 1,046 334 Boys Brigade account Mid-week account Youth@Clough account Indoor Bowling Club account 3,230 1.076 694 3.246 3.717 30 ,475 (471) (30) (360) 1,115 2,760 9,859 545 4,392 440 4,678 105 (286) 2,865 9,573 Girls Brigade account 66,164 49,627 85,735 (36,108) 11,115 41,171 EndowJnent Funds PCI Fund Progressive Building Society account 18.631 362 362 881 (362) 19,512 1,361 70 70 (70) 1,361 19.992 432 432 881 (432) 20,873 TOTAL 444.652 175.404 160,180 15224 881 460,757 17