an
HIGH KIRK 8ALLYMENA CONGREGATION OF THE PRESBYtERIAN CHURCH IN IREiAND
STATEMENT OF FINANCIAL ACTIVITY
FOR THE YEAR ENDED 31 DECEMBER 2024
Note
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
Total Funds
2023
Income and Endowments from:
Donations and legacie5
Chafltable 3Ctivifies
Other tradin8 activities
Investments
Other income
Total
575.215
6.768
247.161
63.665
822,376
70.433
734,14S
70,519
4,038
512
4,550
2.875
600
808,139
S86.021
311.338
897,359
Expenditure on-
Raising funds
Charitable activities
Other expeftditure
Total
11,7951
1530,4751
11,7951
11.004,3171
11,7951
1880,5531
1473.8421
1532.2701
53.751
62.229
18,4781
1473,8421
1162,S041
62,229
1100.2751
11.006,1121
1108.7531
1882.3481
174,2091
Net Income/lexpenditurel
Transfers between funds
Net movement In funds
1108,7531
174,2091
Reconclllotlon of funds..
Total funds brought forward
Total funds carried fotward
18
18
193.936
185,458
2,014.114
1.913.839
2.208,050
2.099,297
2.282.259
2,208,050
io

an
HIGH KIRK BALLYMENA CONGREGATION OF THE PREs￿ERlAN CHURCH IN IRELAND
BALANCE SHEET
ASAT31 DECEMBER 2024
Note
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
Total Funds
2023
Fixed assets..
Tangible assets
Investments
Total fixed assets
12
13
S8.860
21,312
80.172
1,772.913
4,116
1.777.029
1.831.773
25,428
1,857,201
1,849,348
24.458
1,873,806
Current assets:
Debtor5
Cash at bank and in hancl
Total current assets
14
15
42.879
71.976
114.855
16.963
152.125
169.088
59,842
224.101
283.943
138,519
204.084
342,603
Cfeditors.. amounts fallin8 due within one year
16
19.5691
132.2781
141,8471
18,3591
Net current assets
105.286
136,810
242,096
334.244
Total assets less current liabllities
185.458
1,913.839
2,099,297
2,208,050
Creditor5.' amounts fallin8 due after one year
17
Total net assets
185,458
I.913￿39
2.099.297
2.208,050
Funds of the charity
Restflcted funds
Unrestricted fund5
Total charity funds
18
18
1,913.839
1,913.839
185,458
2.099,297
2,014,114
193,936
2,208,050
185,458
185,458
1.913.839
Approved by of the Kirk Session at a meeting on 17 April 2025 and signed on its behalf by..
Rev NA Cameron
Mr G McQuoid
Trustee
Trustee
li

an
HIGH KIRK BALLYMENA CONGREGATION OF ThE PRESBYtERIAN CHURCH IN IRELAND
STATEMENT OF CASH FLOVIS
FOR THE YEAR ENDED 31 DECEM8ER 2024
Note
2024
2023
Net Income/lExpenditurel
Adjustments to reconcile net income/(expenditureJ to net coshJ7owsfrom
operating activities
Depreciation of tangible fixed assets
Net finance costs
Ilncreaselldecfease in investments
Ilncreaselldecrease in debtors
ncreaselldecreasel in creditors
Net cash inflow from operating activities
1108,7531
174,2091
12
158.046
14.5501
19701
78.677
33.488
15S,938
153,761
13971
12,4771
13.4301
113,6021
59,646
Investin8 artivities
Interest received
Paymenrs to acquire tangible fixed assets
Net cash inflow from investing activities
4,S50
1140,4711
1135,9211
397
124,1891
123,7921
12
Financing actlvltles
Interest paid
New long-term loans
Repayment of lon8-term loans
Net cash inflow/loutflowl from finanang actlvities
Net increaselldecreasel in cash and cash equlvalents
Cash and cash equivalents al l JanLJary
Cash and cash equivalents at 31 Oecember
20,017
204,084
224.101
35,854
168.230
204,084
Is
12

an
HIGH KIRK BALLYMENA CONGREGATION OF THE PRES8YfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2024
Accountin8 pollcies
BASIS OF FINANCIAL STATEMENTS
The financial statements have been prepared in accordance with applicable accounting standards. While compliance with
Statement of Recommended Practice Accounting and Reporting by Charities IFRS1021 is not mandatory account of the
gul(lance contoined therein has been taken in the preparation of these accounts.
The financial statements have been Prepared under the historical c05t tonvention except for investment assets, which afe
shown at market value. The financial statements include all transactions. assets, and liabilities for which the congregation is
responsible in law. They do not include the account5 of Church groups that owe their affiliation to another body, nor those
that are informal gatherings of church members.
FUND ACCOUNTING
Endowment funds are funds. the capital of which must be ￿ta1fted either permanently or at the congregation's dlscretlon,.
the Income derived from the endowment is to be used either as iestricted or unrestricted Income funds depending upot) the
purpose for whlch the endowment was established in the first place.
Restricted funds comprise lal income from endowments which is to be expended only on the restricted purposes intended
by the donor and Ibl revenue donations of grants for a Specific congregational activity intended by the donor. Where these
funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average basls.
Unrestricted fund5 are income funds which are to be spent on the congregation's general purposes. Designated funds are
general funds set aside by the congregation for use in the future.
INCOMING RESOURCES
Recognltlon of Incomlng resource5
These are included in the Statement of Flnancial Activities ISOFAI when:
The congregation becomes entltled to the resDurtes;
The trustees are virtually certain they will receive the resources. an(1
The monetary value can be measured with sufficient reliably.
Incomlng re50ur¢es with related expendlture
Where Incoming rèsources have related expenditure las with fundraising income} the incomlng resource5 and related
expendlture are reported 8ross in the SOFA.
Grants and donatlons
Grants and donations are only Included in the SOFA when the congregatlon has unconditional entitlement to the resources.
Tax reclalms on donations and gifts
Incorning resources from tax reclaims are included in the SOFA at the ￿rne time as the gift to which they relate.
Contractual income and performance related grants
This is only included in the SOFA once the related goods or services have been delivered.
Glfts in kind
Glfts in kind are accounted for at 8 reasonable estimate of their value to the charity or the amount actually realised. Gifts in
kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for
use by the charity are included in the SOFA as incoming fesources when receivable.
13

an
HIGH KIRK BALLYMENA CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS Iconvdl
31 December 2024
Donated serdices and faclllties
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the
charity is reasonably quantifiable, measurable. and material. The value placed on these resources is the estimated value to
the charity of the service or facility received.
Volunteer help
The value of any voluntary help received is not included in the accounts but is described in the trustees. annual report.
Investment Income
This is included in the accounts when recewable.
Investment galns and105ses
This includes any 8aln of loss on the sale of investments and any gain or105s resulting from revaluing investments to market
value at the end of the year.
EXPENOITURE AND LIABILITIES
Liablllty reco8nStlon
Liabilitles are recognised as soon as there is a legal or constructive obllgation committing the congregation to pay out
resources.
Governance costs
These include costs of the preparation and examination of statutory accounts. the cost5 of trustee meetin85 and cost of any
legal advice to trustees on governance or constitutional matters.
Grants wlth performance conditSons
Where the charity gives 3 grant wlth conditions for its payment belng 3 specific level of service or output to be provlded,
such gr3nts are only recognised in the SOFA once the recipient of the grant has provided the specified seNlce or output.
Grant5 payable wlthout performance condltion5
These are only recogni5ed in the accounts when a commitment has been made and there a￿ no conditions to be met relating
to the grant which remain in the control of the charity.
Support C05t5
Support costs include central functions and have been allocated to activity Cost categories on a basis conslstent with the use
of resources, e.g., allotating property cots by floor areas, or per capita, staff costs by the time spent and other costs by thelr
Usage.
ASSETS
Tanglble Fixed Assets
Tangible fixed assets for use by charity. These are capitalised if they can be used fof more than one year, and cost at least
£2,500. They are valued at tost or, if gifted, at the value to the charity on receipt.
Depreciation is recorded on all tangible fixed assets othef than freehold land. at rates calculated to write off the cost less
estimated residual value. of each asset over its experted useful life as follows
Buildings
-over 50 years
Fixtures, fittings, and equipment
-over 10 years
14

an
HIGH KIRK BALLYMENA CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {conVdl
31 December 2024
Investments
Investments are quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets
are included at trustees, best estimate of market value.
DONATIONS AND LEGACIES
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
Total Funds
2023
Recorded giving
Loose collections
Donations and gifts
Gift Aid
Legacies and bequest
452,264
4.936
202,758
918
655,022
5,854
602,459
4.876
750
126,060
88.015
30.000
575.215
43,485
131,500
30,000
822.376
247.161
734.145
CHARITABLE ACTIVITIES
Unrestritted
Funds
Restricted
Funds
Total Funds
2024
Total Funds
2023
Income from charltable activlties
Grants
6.768
63.665
70,433
70,519
6,768
63,665
70.433
70,519
OTHER TRADING ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
Total Funds
2023
Fundralsin8 events
Letting of premises
Tradin8 income
INVESTMENTS
Unrestritted
Funds
Restricted
Funds
Total Funds
2024
Total Funds
2023
Deposit interest
General investment funds
Gain on revaluation
3.076
962
3,084
1,466
504
397
2,478
2,875
4.038
512
4,550
15

an
HIGH KIRK BALLYMENA CONGREGATION OF THE PRESBYTERIAN CHURCH IN IREtAND
NOTES TO THE ACCOUNTS Iconvdl
31 December2024
OTHER INCOME
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
Total Funds
2023
Other Income
600
600
RAISING FUNDS
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
Total Funds
2023
FWO envelopes
Fundraising events
1.795
1.795
1,795
1,795
1,795
1,795
CHARITABLE ACTIVITES
Unrestrirted
Funds
Restritted
Funds
Total Funds
2024
Total Fund5
2023
General Assembly Assessments
Presbytery fees
Ministry and support Staff costs
Congregational running expenses
Donations to Missions & charltles
Governance costs
28,261
1,982
345.066
149.735
950
4,481
530.475
28,261
1,982
391,860
444,545
133,188
4,481
1,004,317
20.049
1,663
344,542
388,405
121,790
4,104
880,553
46.794
294.810
132.238
473,842
OTHER EXPENDITURE
Unrestritted
Funds
Restritted
Funds
Total Funds
2024
Total Funds
2023
Loan interest
16

an
HIGH KIRK BALLYMENA CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {conVdl
31 December 2024
10. EMPLOYEES
Employment Costs
2024
2023
Wages and Salaries
Social Security Costs
Pension contributions
274.324
16,023
5,408
295.755
238,550
11,452
4,530
254,532
Number ofemployees
The average number of employees durin8 the year were-
2024
No
16
2023
No
17
Average number of employees
There were no employees In receipt of employee benefits in excess of £60.OCh).
The minister of the tongregation is employed by the Presbyterian Church in Ireland which is a separate charlty which has
not been reflected in the employee costs above.
The congregation pays an assessment to the Presbyterian Church in Ireland for the mlnlster.
The followin8 payments were made during the year:
2024
2023
Wages and Salaries
Social Security Costs
Pension contributions
52,271
6,929
12,545
71,745
49,782
6,608
11.948
68.338
11. PENSION COSTS
The minister of the congregation is a member of the Presbyterian Church in Ireland Pension Scheme120091. Thls Is a scheme
operated by the Presbyterian Church in Ireland, a separate registered charity. The congreEation pays an assessment to the
Presbyterlan Church in Ireland equivalent to the employerfs pension contribution for the Scheme and based on the stipend
paid to the minister. The Pfesbyterian Church in Ireland Pension Scheme120091 is a funded Scheme of the defined benefit
type, providing defined benefits based on career averaged revalued salary. The Scheme has assets held in a separately
administered fund managed by a board of trustees. The Presbyterian Church and the Scheme Trustees have agreed a funding
plan to ensure the Scheme is sufficientEy funded to meet current and future obligations. A formal schedule of contributions
was drawn up on 25 November 2015 whereby the Presbyterian Church agreed to pay from 31 December 2015 contTibutlons
of 24% of pensionable salaries to cover the accrual of benefits for future service. expenses, the cost of insuring death in
service benefits and funding the scheme deficit.
The contributions made by the congregation during the year were
2024
2023
Contributions
12,545
11,948
17

an
HIGH KIRK BALLYMENA CONGREGATION OF THE PRESB￿ERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS Icont'dl
31 December 2024
The congregation operate5 a deflned pension contribution policy for its employees. The scheme and its assets are held by an
independent scheme manager. The pension chorge represents the contributions due from the congregation during the year.
2024
2023
Contributions
5.408
4,530
12. TANGIBLE FIXED ASSETS
Church &
halls
Manse
Fixtures,
fittings &
equipment
Total
COST OR VALUATION
At I january 2024
Additions
Disposals
At 31 December 2024
6.738,674
122.040
468.659
96,041
18,431
7,303,374
140,471
6,860.714
468,659
114,472
7,443.845
DEPRECIATION
At l January 2024
Charge for the year
Ellminated on disposal
At 31 December 2024
5.259,927
137.216
149,943
9,374
44,156
11.456
5.454,026
158,046
5.397.143
159.317
55,612
5.612.072
NET BOOK VALUE
At 31 December 2024
At 31 December 2023
1,463,571
1,478.747
309.342
318,716
58,860
51.885
1,831.773
1,849,348
13. INVESTMENTS
2024
2023
Bequests
PCI General Investment
4.116
21.312
25,428
4,108
20,350
24.45B
14. DEBTORS
2024
2023
Gift aid recoverable
Prepayments
51.333
8,509
59,842
126,060
12,459
138.519
15. CASH AT BANKAND IN HAND
2024
2023
Danske Charity Account
224,101
224.101
204,084
204,084
18

Presbyter
an
HIGH KIRK BALLYMENA CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'dl
31 December 2024
16. CREDITORS.. amounts falling due wlthin one year
2024
2023
Creditors
PAYE liability
Accruols
32.439
4,840
4,568
41,847
4,404
3.955
8,359
17. CREDITORS: amounts falling due after one year
2014
2023
Inteiest free loans from members
18. FUND BALANCES
Unrestricted Funds
2024
2023
General fund
185,458
185,458
193,936
193.936
Restrlcted Fund5
2024
2023
Property Fund
One Misslon
One Mission Local
United Appeal
Bequests
Benevolent Fund
pw
Youth & Children'5 Fund
Pre-school
Students Bursary
Moderators Appeal
World Development Appeal
Orphan & Children's Soclety
1,834,507
44,001
1,904,661
60.480
19.556
4,116
200
391
18,668
4,108
988
8.504
15,931
2,839
21
4,993
1,425
2,014,114
21
644
1,899
1,913,839
19

an
HIGH KIRK BALLYMENA CONGREGATION OF THE PRESB￿ERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNT5 Iconvdl
31 December 2024
Reconciliation ol movement of funds
Opening
balance
Income
Expenditure
Transfers
Closing
bèlartce
Unrestricted Funds
General fund
193,936
193,936
586,021
586,021
1532,2701
{532,2701
162,2291
162,2291
185,458
185,458
Restricted Fund5
Property Fund
One Mission
One Mission Local
United Appeal
Bequests
8enevolent Fund
pw
Youth & Children's Fund
Pre-school
Students Bursary
Moderatorfs Appeal
World Development Appeal
Children's Society
1,904,661
60,480
58.605
127.916
17,533
31,972
1146,5901
1129,9461
111.2631
131,0841
17,831
114,4491
16,2701
1,834,507
44,001
18.668
4.108
19,556
4,116
200
391
450
1,053
26,112
45.207
11.2501
12,1501
187,8641
154,4991
12,8391
1,000
500
61,752
1.865
988
15.931
2.839
21
4.993
1.425
2,014,114
8,504
21
644
1,899
1,913,839
14,9331
11.4241
1473.8421
1.898
311.338
62,229
Total
2,208,050
897,359
11,006,112)
2,099,297
18. Related Party Transactions
Rev Norman Cameron is a Trustee and received renumeration of E52.27112023.' E49.7821 and pension contributions of
£12,54512023: £11,948) through PCI with £7,03612023: £6.7011 expenses being paid by the church.
Mr Clifford White Is a Trustee and has been employed by the church for the full year receiving remuneration of £29,269
12023: £26,721) and pension contributions of £69112023: £6411.
Dr Phillp Mccartneyand Mr Gordon Montgomeryare Trustees and are also dlrectors of MCC Computers Ltd. MCC Computers
Ltd was paid £6,81612023'. E7,6031 in respect of services provided during the year.
20