an
HIGH KIRK BALLYMENA CONGREGATION OFTHE PRE$B￿ER1A￿ CHURCH IN IRELAND
••
srATEMEMf OF FINNNCIALACTMrY
FOR THE YEAR ENDED 31 OECEMBER 2023
Note
Unrestricted
Funds
Restritted
Funds
Total Funds
2023
Totsl Funds
2022
Income and Endowments from:
Donations and legacies
Charitable aCtI￿1t1eS
Other trading activities
Investments
Other Income
Total
499.935
6,275
234,210
64.244
734.145
70.519
749,107
76,056
2,478
6CiI
509,288
397
2,875
6(X)
808,139
450
298,851
825,613
E¥pendlture on:
Raisin8 funds
Charitsble activ*tiés
Other expenditure
Total
Net Incomellexpenditurel
Trèn5fers between funds
Net movement in funds
11,7951
1442.1261
11,7951
1880.5531
14,4601
1829,0541
1438,4271
1443,9211
65,367
38,4431
26.924
1438.4271
1139.5761
38,443
1101.1331
1882.3481
174.2091
1833.5141
17,9011
174,2091
17,9011
Reconcillatlon of funds..
Total funds brought forward
Total funds carried forward
18
18
167,012
193.936
2,115,247
2.014,114
2,282.259
2,208.950
2,290.160
2,282,259
io

an
HIGH KIRK BALLYMENA CONGREGATION OF THE PRESBYfERIAN CHUR(11 IN IRELAND
ANCE SHE
AS AT 31 DECEMBER 2023
Unrestrlcted
Funds
Restricted
Total Funds
2023
Total Funds
2022
Flxed assets:
TanBible assets
Investments
Total fixed assets
12
13
5J.885
20,350
72.235
1.797,463
4.108
1.801,571
1.849,348
24,458
1,873,8(
1,978,920
21,981
2.￿0.901
Current assets.
Oebtors
Cash at bank and in hand
Total current assets
14
94.887
34.921
129,808
43,632
169,163
212.795
138,519
204,084
342,603
135,089
168,230
303 319
Uabllltles:
Creditors.. amounts falling due within one year
16
18,Ib71
12521
18,3591
121,96LI
Net current assets
121,701
212,543
334,244
281,3S8
Total assets less current Ilabllltles
193,936
2.014,114
2,208.OSO
2,282,259
Creditors: amounts falling due after one year
17
Total net assets
193,936
2.014,114
2,281259
Funds of the ch8rlty
Resiritted funds
Unresirirted funds
Total charbtyfunds
18
2.014,114
2,014.114
193,936
2,208,050
2,115,247
167,012
2,282,259
193,936
193,936
2,014.114
Approved by o
Kirk Sessicn at a meetir* on 23 May 2024 and signed on its behalf by:
RevN
Mr G McQucid
Trustee
Tru#ee
li

an
HIGH KIRK BALLYMENACONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELIND
ATEMETrf OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2023
Note
2023
2022
Net Income/lExpendlturel
Adjustments to reconcile net income/(expenditureJ to net coshflowsfrom
operotino activities
Depreciation of tangible fixed assets
Net finance costs
Ilncreaselldecrease in investments
Ilncreaselldecrease In debtors
Increase/ldecreasel in creditors
Net cash Infiow from operating actI￿tIeS
174.2091
17.9011
12
153,761
13971
12.4771
13,4301
113,6021
59,646
151,340
14501
117,9111
5,451
7, 176
137.705
Investln8 aCtI￿tIeS
Interest received
Payments to acquire tangible fixed assets
Net cash Inflow from Irwestln8 artivltles
397
124,1891
123.7921
450
16,5801
16,1301
12
Flnandng artlvltles
Interest paid
New long-term loans
Repayment of long-term lo?ns
Net cash Infiowlloutfiowl from tln¥th8 actmtles
1332,(KM)I
1332,OODI
Net Inueaselldeereasel In cash and Cash eqwalents
Cash and cash eouivalents at I january
Cash and cash equlvalents at 31 December
35,854
168.230
204,084
1200.4251
368,655
168.230
12

an
HIGH KIRK BALLYMENA CONGREGAMON OFTHE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
Accounting policies
BASIS OF FINANCIAL STATEMENTS
The financial statements have been prepared In accordance with applicable accounting standards. Whlle compliance with
Statement of Recommended Practlce Accounting and Reporting by Charities IFRS1021 is not mandatory account of the
guldance ¢ontsined therein has been taken In the prep8rntlon of these accounts.
The financial statements have been prep8red under the historical cost convention except for investment assets, whlch are
shown at market value. The financial statemènts include all transactions. assets. and liablllties for which the congregatlon is
responsible in law. They do not Inclu¢Je the accounts of clyjrch groups that owe their affillatlon to another body, nor those
that are Informal gatherings of thurth members.
FUPID ACCOUNTING
Endowment funds are funds. the capital of which must be retalned $ither pemianently or at the congregatlon's discretlon;
the income derlved from endowment is to be used elther as restricted or unrestrlcted income funds dependlng upon the
purpose for whlch the endowment wa5 established In the first place.
Reslricted funds comprise lal Income from endowments whlch is to be expended only on the restricted purpose5 intended
by the donor and (bl revenue (lonations or grants for a specific congregational actlvity Intended by the donor. Where these
funtls have unspent balances. Interest on their pooled Investment is apportioned to the individual funds on an averase basis.
Unrestricted funds are Income funds whlch are to be spent on the con8re8atlon's general purpose5. Designated funds are
general funds set aslde by the con8re8ation for use In the future.
INCOMING RESOURCES
Recognltlon ol incomlng resources
These are included In the Statement of Flnanclal Athities {SoFAI when=
The con8re8atlon becomes entitled to the resources;
The trustees are virtually Certsln theywill receive the resources.. and
The monetary value can be measured wlth sufficient rellabEv.
Incomlng resources with relared expenditure
Where Incomlng resources have related expenditure las wlth fundraising income) the Incomlng resourtes ènd related
expenditu￿ are reported Bross in the SOF
Grants and donatSons
Grants and donations are only Includèd in the SOFA when the con8re8atlon has urfonditional entltlement to the resources.
Tax redalms on donations and gifts
IncomSn8 resources from tax reclalms a￿ induded in the SOFA at the same tlme a5 the gift to whlch they relate.
Contractual Income and pertormance related grants
This is only Included in the SOFA once the related 8OOLls or servi￿$ have been dellvered.
Glfts In kind
Glfts in kind are accounted for at a reasonable estimate of thelrvalue to the charÉty or the amount actually realised. Gift5 In
kind for sale or distribution a￿ included in the accounts as gifts onlywhen sold or distributed bythe charity. Gifts in kind for
use bythe charlty are included In the SOFA as incomlng ￿sourceS when receivable.
13

an
HIGH KIRK 8ALLYMENA CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND
NOTESTO THE ACCOUNTS Iconyd)
31 D¢￿rnber 2023
Donated seNices and fadlltles
These are only included rn rncomlng resources Iwith an equlvalent amount in resources expended) where the benefit to the
charity is reasonably quantlfiable. measurable, and material. The value placed on these resources is the estimated value to
the charlty of the service or tscility received.
Volunteer help
The value of any voluntary help received is not included in the accounts but is dèscribed In the trustees, annual report,
Investment rncome
This is Included in the accounts when receivable.
Investment galns and losses
This includes any 8ain or10ss on the sale of investments and any 8ain or loss resultln8 from revaluin8 investments to market
value at the end of the year.
EXPENDITURE AND LIABILITIES
LlabS1ity re¢o8nltlon
Llabllltle5 are reco8nised a5 soon as there Is o legal or constructlve oblÈgation comm5ttlng the congregation to pay out
resources.
Governance cost5
These Include costs of the preparation and examinatlon of statutory aetounts. the costs of trustee meetings and cost of any
le8al advice to trustees on eovernance orconstitutional matters.
Grants wlth performance condltlons
Where the charity 8lve5 0 grant with conditions for its payment bein8 a speclfic level of seThlce or output to be provided,
such 8rants are only recognSsed in thè SOFA once the recbplent of the grant has provided the specified serylce or output.
Grants payable wlthout performance condliions
These a￿ only reco8nlsed in the accountswhen a commitment has been made and thereare no condltions to be met relating
to the grant which remarn In the control of the charlty-
Support ￿515
Support costs include central lunctions and have been allocated to activity Cost categorles on a basis consistent with the use
of resources, e.e.. allocating property cots by floor areas. or per capits. staff costs by the time spent and other costs by their
usage.
ASSETS
TanBible Flxed Assets
langible fixed a55ets for use by charity. These are capitalised if they can be used for more than one year. and cost at least
£2,500. They are valued at cost or. If gifted, at the value to the charity on receipt.
Depreciation is recorded on all tangib￿ fixed assets other than freehold land, at rates cakulated to write off the cost less
estlmate(J residual value. of each asset over its expected useful life as follows
Buildings
-over 50 years
Flxture5, fittings, and equlpment
-over 10 years
14

an
HIGH KIRK 8ALLyME￿A CONGREG4TtON OFTHE PRESBYTERIAN CHURCH IN IREL4NO
NOTESTO THE ACCOUNTS Iconvdl
310ecember 2023
Investments
Investments are quoted on a recognlsed stock exchange arevalued at market value attheyear end. Other Investment assets
are Included at tru5tees' best estimate of rnarket value.
DONATIONS AhlD LEGACIES
Unrestrirted
Funds
Aestrltted
Funds
Total Fund5
2023
Total Funds
2022
Recorded gSvlng
Loose collections
Donatlons and gifts
Glft Aid
Legacies and bequest
413.131
4.376
189,328
500
750
43.632
602.459
4,876
750
126,060
601,515
2,664
17,873
127,055
82,428
499.935
. 234,210
734,145
749.107
CHARITABLE AcfiviTIES
Unrestrtcted
Funds
Restrlcted
Funds
Total Funds
2023
Total Funds
2022
Income from charltable activities
Grants
6.275
64,244
70,519
72,463
3,593
76.056
6,275
64,244
70.519
OTHER TRADING AcfiviTIES
Unrestrltted
Funds
ftestrlrted
Funds
Tctsl Funds
2023
Total Funds
2022
Fundraising events
Lettlng of prernises
Trading income
INVE5fMENT5
UnrestrlLted
Funds
Rethlcted
Funds
Totsl Funds
2023
Totsl Funds
2Q22
Deposlt Interest
General investrneftt funds
Gain on revaluation
38
412
397
397
2.478
2.875
2,478
2.478
397
450
15

an
HIGH KIRK BALLYMEMA CONGREGATION OFTHE PRES8YTERIAN CHUR(11 IN IRELAND
NOTESTO ThE ACCOUNTS Iconvd)
310e￿mber 2023
OTHER INCOME
Unrestrlcted
Funds
RestrTCted
F￿)dS
Totsl Fw
2023
Totsl Funds
2022
Other income
600
600
600
RAISING FUNDS
Vnrestrltted
Fund5
Totsl Fund5
2023
T¢)tsl Funds
2022
Funds
FWO envelopes
Fundralslng events
1,795
1.795
4.460
1,795
1,795
4.460
CHARITA8LE ACTIVITE5
Unrestrirted
Fun(ts
Restricted
Funds
Totsl Funds
2023
Total Funds
2022
General Assembly Assessments
Presbytery fees
Minlstry and 5UPPQrt staff costs
Congregatlonal runnlng expenses
Donations to Mlsslons & charities
Governance costs
20.049
1,663
299,952
115.358
1.000
4,104
442,126
20,049
1,663
344,542
388.405
121,790
4,104
880,553
20,049
1,696
343,083
322,795
137,293
4,138
829,054
44,590
273,047
120,790
438,427
OTHER EXPENDJTURE
Urtrestdcted
Funds
Restrlcted
Funds
Tcrtal Funds
2023
Tt)tsl Funds
2022
Loan Interest
16

an
HIGH KIRK BALLYMENA CONGREG4TION OFTHE PRESBYfERIAN CHURCH IN IREiANO
NOTES TO THE ACCOU￿[S (convdl
31 December 2023
10. EMPLOYEES
Employment Co$ts
Z023
Z022
Wages and Salaries
Social Securlty Costs
Pension contributions
238,550
11,452
4,530
254.532
240,432
11.916
4.465
256,813
Number of ernployees
The average number of employees durln8 the yeaf were
2023
No
17
2022
No
16
Average number of employees
11. PENSION COSTS
The minister of the congregatlon Is a member of the Presbyterian Church lrt Ireland Pension Scheme120091. Thls Is a scheme
operated by the Presbyterian Church In Irel?nd. a separate reBlStered charity. The con8re8ation pays an assessment to the
Presbyterian Church in Ireland equivalent to the èmployerfs pension contrlbutlon for the Scheme and based on the stlpend
paid to the mlnlster. The Presbyterlan Clxjrch in Ireland Penskjn Scheme120091 is a funded Scheme of ihe defined benefit
type, providing defined tseneflts based on career averaged revalued salary. The Scheme has assets held in a separately
administered fund managed bya board of trusteès. The Presbyterian Church and the Scheme Trustees have ayeed a fundSng
plan to ensure the Scheme Is sufficierttly funded to meet ¢urrent and future obligations. A formal schedule of contrlbutlons
was drawn up on 25 November 2015 whereby the Presbyterian Church J8feed to pay from 31 December 2015 contributions
of 24% of pensionable salaries to cover the accrual of benefits for future seNice, expense5, the cost of insurln8 death in
servlce benefits and funding the scheme deficit.
The contributions made by the con8regètion durin8 the year were
2023
2022
Contributions
11.948
11,379
The con8regation operates a defined pension contrlbution policy for its employee& The stheme and its assets are held by an
Independent scheme mana8er. The pen51on charge represents the contributions due from the congregatlon during the year.
2023
2022
Contributions
4.530
4.465
17

an
HIGH KIRK BALLYMENA CONGREGATION OFTHE PRESBYfERL4N CHURIIE IN IRELAND
NOTES TO THE Accoumfs Iconvdl
31 December 202a
12. TANGIBLE FIXED ASSETS
Church &
halls
Manse
Fixtures.
fittinES &
equipment
Total
COST OR VALUATION
At l January 2023
Additions
Disposals
At 31 December 2023
6,738.674
468,659
71,852
24.189
7,279,185
24,189
.73&674
468.659
96,041
7,303,374
DEPRECIATION
At l January 2023
Charge for the year
Ellmlnated on disposal
At 31 December 2023
5.125.152
134.775
140,569
9,374
34,544
9.612
5,300,265
153.761
5,259,927.
149,943
44.156
5,454,026
NET BOOK VALUE
At 31 December 2023
At 31 December 2022
1.478.747
1.613,522
318,716
328.090
51085
37,308
1,849,348
1,978,920
13. INVESTMENTS
2023
2022
8equests
PCI General Investment
4,108
20.350
24,458
4,108
17,873
21.9BI
14, DEBTORS
2023
2022
Gift aid recoverable
Prepayments
126,060
12,459
138.519
127.055
8.034
135.089
15. CASHAT BANK AND IN HAND
2023
2022
Danske Charlty ￿CoUnt
204,084
204,084
168,230
168,230
18

an
HIGH KIRK BALLYMENA CONGREGATION OF THE PRESBYTERIAN CHURCH IN IREWD
NOTES TO THE AccouKfs {conVdl
310ecember 2023
16. CREDrroRS: amounts falling due within one year
2021
2022
Credltors
PAYE IlabllSty
Accruals
11,542
5,504
4.915
21.961
4.404
3,955
8.359
17. CREDITORS: amounts fallln8 due after one year
2023
2022
Interest free loans from members
18. FUND BALANCES
Unrestrlcted Funds
2023
2022
General fund
193,936
193,936
167,012
167,012
Restrlaed Funds
2023
2022
Property Fund
One Misslon
One Mlsslon Local
United Appeal
8equests
Benevolent Fund
pw
Youth & Chlldren's Fund
Pre.school
students Bursary
Moderators Appeal
World Development Appeal
Orphan & Children's Society
1,904,661
60,480
2,017,238
41.353
18,668
4,108
17,496
4,108
2,714
1,819
988
15,931
2.839
21
4,993
1,425
2.014.114
23.323
1,487
21
4,530
1,158
2,115,247
19

an
HIGH KIRK 8ALLYMENA CONGREG4TEON OFThE PRESBYfERIAN CIIURCH IN IRELAND
NOTESTO THE Accoupifs Iconvdl
31 December 2023
Reconclllatlon of movement of funds
Openln8
balance
Incorne
Expendliure
Tr•nsfers
Closlng
balance
Unrestrlrted Funds
General fund
167,012
167.012
509,288
509,288
1443.9211
(443,921)
{38,4431
138,4431
193.936
193.936
Restricted Funds
Property Fund
One Mlsslon
Ont Mission Local
Unlted Appeal
Bequests
Benevolent Fund
pw
Youth & Children's Fund
Pre-school
Student5 Bursary
Moderator'5 Appeal
World Development Appeal
Children's Soclety
2,017,238
41.353
53.162
122,423
18.150
31,373
116S.7391
1105,3561
{13,2751
(30.6781
1.904.661
60,480
2,060
14,8751
477
17,496
4,108
2,714
1.819
18,668
4,108
750
2,049
19,651
42,691
1.352
14.6291
13,3801
IS8,8421
150,0081
1,165
500
39,191
1751
988
23.323
1.487
21
4,530
1,158
2,115.247
15.931
2,839
21
4,993
1,425
2,014,114
5,710
1.540
298,851
IS,2471
11,2731
(438,4271
38.443
Total
2,282,259
808.139
1882,348)
2,208,050
18. Reljted PartyTr4n$artlons
Rev Norman Cameron 15 0 Trustee and recelved renumeration of £49.782 12022.. £47,411) and pension contributions of
£11.94812022: £11.3791 throu8h PCI with £6,70112022- £6,382) expenses belng pald by the church.
Mr Clifford Whlte was appointed as a Trustee on 22 October 2023. He has been employed by the church for the full year and
received remuneration of £26,721 and penslon contributions of £641.
Dr Philip Mccartney and MrGordon Montgomery areTrusteesand are also directors of MCC Computers Ltd. MCC Computers
Ltd was pald £7,603 {2022: £7.3201 in respect of servlces provided durin8 the year.
20