2024-12-31-accounts

Qharlty R¢gi$lrntipn N¢. NIC105565 DRUlbqREAGH PRESBYTERIAN CHURCH ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

DRUMREAGH PRESBYTERIAN CHURCH CONTENTS Page Chiiiiy InforTnalion SIBlemenl ol TfusleÈs regpt>nslbililiF& Indeptsndpn1 examino¢'s report Slalemenl ol Iinancial BclivlllF& Balance strel Notes lo IhG. fiE)anrlal 4lat8mL'nls 7.14

DRUMREAGH PRESBYTERIAN CHURCH LEGAL AND ADMINISTRATIVE INFORMATION TN4stègs Rev. Ri¢h8id Murray Ivlr J W8iker Mr Fuli¢n IT J Chr'stie Klt C Novin Nli C T Scoti Mr T J Cr&ig MrRJH&nry IAr R Èakin l.lr D Kfjctsrid Jtarri&s Gault Mr Wllli8m Scoll Ch47rity number NIC10556S P￿nCIpal address 104 Bann Road Ballymonsb Cu. Anlrin BT53 7NA Indepgndent ex8rnln?r D¥ R I Petars &llagThei. OBE, FCA 30.32 Lodg8 RoBd ColeThqlnÈ Co. Londondefry BT52 1Na Bahkers D@nskB Bank 6 Higli Slreel Baltymoney Co. Antrim B T53 6AD SDli¢itorg ThortEcl5 TaggBrt & SDns Lld 2? ChurGh Slrepl Ballytt&Jrl￿l c￿JnIYAnl￿M BT43 6FfjS

DRUMREAGH PRESBYTERIAN CHURCH STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 3t DECEMBER 2024 Yhe Chui¢h Se551r)n is ie&pM4ibl8 loi prepailTr3 ihe Tw&lp.e5' RetKJri ano Ihe FIr)a￿l￿1 Slblemenls Iii .￿lin applitable13w apAJ Ip.gulalioD. Th law ¢rypplicablL If> c.Trailllei in It(p Narlhorn IrelaTrd ¥p.quireS Ilie Chutch Se551r)n lo preparo firranLÈ49141algniont4 for e.ach finantrial YLI i. Undvr Ihpl law Ihp. Church SEs$ion has prtphred Ilitr finBnElal olalemui)Lv In d A£coiJntiny PracliLO In Ihu United Kifigiwfft {acrcunllng &lBndiE l(i5 hy Ihv Flnancal R￿p￿[Sn9 Cotsncll in IhL UK, includip.g GhFJriliei> SORP Ir,RS 1021 'AccDunlffing Bnij Repoilln9 by GliyijIjp6'. sl8lpm6.ni of R#LomrnFid¢d Pr<irliCP aFipIic4hlè io chAri4ieS Prepèrlng thFJir ècrwnts In RccNdanc.e willi Ihg Finonrl81 Reportinu Slandaid ¢ippIic<)L¢le in Ihu UK and Republic of Irtldnd IFRS 102), iiiTril promuiua1ed by Ihe. Insl4lule of Cl)arter?d AccfrurÉianls Ihi Uniied Kinadom 4pd Uniled KirkJrJfjm La'N} Llnd&r ￿7(91 IAIV Ilic fhurrh Session musl nol approv& the fiDantil814latDnien.'s ur)les3 they are 531islied Ihal Iliey givo a Irv& an￿ falr vi¢3th1 of the Blate ol IhB affalrq DI Ilie chBtily and of Ikie statvimenl Df linanrial a¢llviiie5 01 Ihe Ghaiily for Ihèt perifrj. In preparirtu tnp fin3nclol 818ltnienls Ihts TriJstBLs Ore rèoulrp.d to.. Eelucl siJilBblL arr￿UnI1[}￿ FoliGILS Bnd 11)en 4pply IhÉm consi47enlly Inake judgemen15 estimates Ihal are re3bOn?ble prudgr)I IAlo whelhèr tho fin8nLI?l %tal&i)Ipn15 prepafed in accctrdancQ Ivlth applkrAblu hr.pnunlliio standards idénllfy thè s18ndald￿ in quo tIL)n, subject lo ony maIL•f￿1 depdllllTFJS tL"Inq dicclA)%od Rnd exyalned in lh¢ finAnElai slal6n)enls; aiio piepBf8 Iho finanGi?I sial&mori13 on Ilie guing Cfjncèrr) L)Èsis unle4£ il is In8ppfoFxi81&. ID priisiim& Ih?i ihe Funds will ctsnlinu8 in operaltin, Tho C.hiJrch Se¥.qion Is ￿sPOIl>1)le ftji Kfiepinu a¢¢ouThllnq rei4Jrds 1hBt are .sulftrionl lty 5hxJw vxplein Iho. PariEh's 1ransaclions Fjnd dlsclotsD ihtilh reJsL)nable. ac¢vfBCy al Any liftie the fingncial po&lllcfj tsf Ihe PÈrlsli an nable thL)ft) enSLlte IhBI Iho finantsrll slalenipnls comply yiith Ihe Ctiaillies Act INorlkioro Irpl3¥idl ?,OOB, Ihp Chailty (AcrcLJni8 and Re.p(IAs'j Rpguldllons (Noith9.m l¢tslaTrdl 2015 And tlie provisisn of Ihe GonqliluiiOTr rjl IhE 45 01 Ihe Chu¥rh and hBD¢e for PrE5byle.rlan CIIvfuh in Irtsland. ThG'y also rÈSFYJnsible lui $afeguaidln9 Ihg &SSP.' laklng rBdsonFJblB slop.oi il)e. pigvunllon ond dfrtvcllL￿ ol fraud a￿1 other Irfogularlllos. SIBlgMen¢ as to dlg¢10surt to oui expminers In so f?r a5 Ihe Truhlèos are aivare. Bl 1110 Ilminu of 7pprDvir)g rJr TruslP•S' arinual report: thÉtro Is no rtslov8nl audll InfoTmilllon ol vi?Ilch the vho¥llablg bonip8ny's.gudltar il> LJna%var#.' i1￿¢) Iho TruxluLis hAV¥ all ¢plep£ Llial Ihey OLlght lo E)Dve. lakon IL) m<]kc Ih¢rn5G.Ive4 Bvft&lP of ahy l@Ipvaril tp indep¢￿nd￿nI BXcimin8r Ib awBre ol that infoirria1inn. inEatmalion lo eslabli4¥h thYAI Ilit ChuFcII'. Ihd¢pendgnt Examlner5 OT R I PDlerg Gtilla9her, DI, Ilrore {N'l) LLP. l)as indic<iied hèr villiiDqne¥s lo cDnllriue i n E4nd a IC.￿1(Ji￿r￿ cohcerning llei reBPPtr.'nlmehl ii'lll pro￿￿Ed al the Ttuslee4 mLLiling on Jolh Ivlay 2025.

DRUMREAGH PRESBYTERIAN CHURCH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DRUMREAGH PRESBYTERIAN CHIIRCH l iEport on Ihé firco￿ntS oflho Chure.h lor Ihe yeof ÈrEd@d 31 D?cembor 2024, whrch are sot our on pag¢5 4 10 14. Rèspeetlvè responslbilitie$ of Trusleos and examiner Ihe charily'E tnJ&tbes yQLt ar¥ r88ponslblè for the prepa[ab-on of the attounl. In accordince ￿ Ihé Ch8rlll8S Ar.1 (Norlhern lièjand) 2008, 11 is my r&spf)nsibility lo= examintr the ectOtsr)t5 un<Jei ￿Cl10n 65 of tho Ch<inlFes Acl Ill) follo4v Ihé prc¢edure5 lald drjwn rn Ihe yènAral (fticffjlions glvcn by the Charity Commis51on lor Nonhijm Ireland under $oc£ion 65(9lrtheTn Irtsland under s&cllon 85(9)Ib) of lh& Charilie5 Art. Tlio ex8mlnalii3n included <1 i&v£*w ol th8 8cfotsnting kept by the charjly rl LQmP8flson of the ?¢¢ounts pre&oJilBd wilh iJ)rxso rettords. 11 Included f<Jt)$ideralion vl Eny [Jnusual ilamq o( distrlo£urÈs In Ilèa ac￿￿nIS. cind EQekl￿ ¥xpl8nallon$ from you as charlly Irustees Cuncetnin9 any such mallL'Is. My fDle is lo slalè whelhpi arly mJterl81 mallgrs hB%'e come lo oyr attenlion givlng us cause io believe,. I, Thal ac¢ountln9 records Iyefe nol k#pl in acC￿dantè Wilh séction 63 of IhB ChBfilles Act Z. Thai Ihe attsun15 d9 nol accord iviih thosè awunting records 3. That IhL a¢￿unIS dfr nol ctKnply Wiv) IIIF 4ceotsnllng requirements of the Charibas Acl 4. That thèrè is furthor Inforn2lion n(7eded for a Propèr undè.r¢L7rling of Ibe a¢couni& to be roached. Indepondorrt examlnèr'5 Statement Scnce yTrur Charily's 9ross Ir￿￿￿ e%¢eedc<l £250,000 yrpJr ox8miner musl be a member ol B lj8ied b(ydy. I c8n Iiift) Ih81 l Am qtsalifiètf to undertake ihe ex8mln&llon beca[Jo￿e l am regislpred as k mem￿1 Df Charteie.d AGcDunt2nls Irelafirl vA)i¢h ts ono tr Ihe I￿ted ￿￿1￿5. I ha¥c ¢Dmpleled my oxaminalion and hatre no COn￿r￿S in respect of Iho mallers1111o141 lixlod 8bovc and. in coi)neclion wilPI folloviing the Dhie¢li￿5 of Ihe C'hailly CoTnmisslon for Northpm Irelanrl. I havè fourid nD mattels Ih&l requlro dramng ID you¥ allgntion, Di It I Pgler& Gall8ghÈf, OBE, FCA Char1orèd Accounthnl 30-32 LoU9e kuad Col8r&ine Co. Londonderry BTS2 1N8 DalÉ)tF: 24 Septembor 2025

ORVMREAGH PRESBYTERIAN CHURCH STAieMENT OF FINANCIAL ACTIVITIES INCLUDINQ INCOMEAND EXPENDITURE ACCOUNT FQP THÉ YEAR ENDED 31 DECEMBER 2024 T¢i41 Llnr61ilcitd Rtystriclvd Ros41ici¢ Tothl liinLI do%ryna4ts¢J 2024 2DZ3 20t4 2124 ?4 7023 202Y Irorn". 115,521 i& J &39 Di)ngOnn5 l&]w.i Bcts¥iliLI8 180,867 7(Y Ico 17T 21Q 1.tL32 Ij)51￿_r Or5511vr iTre¥byloilar4CliurL hJvd5 Imnhlvrpd I)IP￿T ii))) I￿,6?5 YJJ 198.61 ,012 39,064 3TV47J rAI,671 Tot•1 lw.omE 116.DB6 Iq4S.61a 350,1fy4 165.404 3w.£T3 148.$U2 179,036 6,2T3 1,lQO 17V,O)6 32J,J2B I,wo 1Sfi,T72 241.701 3T.194 21,77fj 13.IlJ7 J I InroniES'1g¥pllffldl1￿1¥ 1.103 13q).?9)1 J19.2 Jr 5yrJ (151 ?Jl.6fpl )6.091 71.T76 :IS2.$171 14tt movomonl ID fvn¢J5 ¥JY.006 g.ootl 2.164,014 2.950.070 4'.54.353 S0,CW 2,2E3.lJts￿ 2.71? a16 L,9gJ,DZD Fuild baL7r￿￿$ nl JI 2024 I23,￿1 .OUO 2,84D.6I9 2,171,790

DRUMREAGH PRESBYTERIAN CHURCH STATEMENT OF FIMAIICIAL ACTMTIE8 ICOt4TIHUED INCLUDINS INCOME AND EXPENDITURe ACCOU14T POR TN2 YEAR ENDED 31 DE¢ÈMBER 2￿21

DRUMREAGH PRESBYTERIAN CHURCH BALANCE SHEEr ASAT31 DECEAIBER 2024 2024 2023 Flxod ••• Twlbh s4s8ts 12 1693,39S 2.800.198 Curt•nt •B••ts 1J 32,941) 249,535 43.KJ3 101.405 C•sh al ban% 4nd h•1 282N75 163,301 Credllorg: im•wilB filllng duo wlthkn omyéwr 14 (3.48B) {4,074) 278NOI 149,lJ Nt ¢uTh8nt •Aots Tol•1 curr•ntlkabllltl•J 2,971,796 2,950,02Q Th• l￿d￿ of thtt Chuf¢h Re$￿tted Incomè ￿Thd$. genèral Rè8trlckd funda- do$￿￿3(8d Unfo￿rI¢￿d lund$ 15 2040,199 2,8FA,014 67,Doè 1zJ,097 Z,è71,796 2,95D.020 Dfomorè PtOSWleT& Church lia$ mBrg¢d Ylth DrumieBuh F¥#$byt￿laTh Churth and was dBsolve4 913.1110122. On 7111r22 £122,726.72 w95 tlan$feff8d Its Lknruillh PrFsbylerlpn ChuKh- E25,6V1 oflhlB 1$ ￿￿¢&111r￿￿d lundg. L10.ODO1g lo bts by DwmTeBgh lor Ihe upkeep Df Moody Grav. Tha reffjalnderwas ir¥n•lwffil to Drumigagh Bulldlng Fuhd. The bn¢è of £ia.099.071rt ProoressiV¢ B&￿1￿9 SoEioty f¢6Th pr￿ore Ple8by1trt￿ Churth w4& transhfrad ng ￿1h Inl8resl recelv8d of £124,29 to Drutwe3gh e3bytwian ¢hurrh Bulldlng Fund In ye# ended 311121 23. Th• ¢hurvh Assetf indKyJiTrg thv Ghurth, hll ard latsJi%wè h•lO by Pre&tyt¢ilon Chvrch. Ythen Iho$o were gDld, of £13D,000 Iv Druwh Pr8$byl¢don Ch4K¢h In yèÈt thido¢ 3111212). Th fina￿j81 blitWMen15 wra aPF¢wed by th¢ Trustee$ on ...... . Rov. RlctsTd Murr?w MIRJHehry

DRUMREAGH PRESBYTERIAN CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounllng policles ¢harlty lTrforthatlDn Drumrèagh Piesbyiprian Church ts 8 IlninGorpiJralod entity 9tsv¥rned hy & Constilullor). 1.1 Accountltsg convbntlon Theso aGcounls Iiaye been piepare(J In accDrdanc& viith FRS 102 'Thts Finanoal Reponsng SlBndarrl applits)l￿e In thè UK pnd R¥publlc ol IrelBntt I"FRS I(J?'l. -AccDynllf)u and ReportiTrg by Ch?riUes" Iho Siai2fflenl ol Re￿￿￿onded PrèLlice foi ¢hd¥ities Bpptying FRS 102. ihe Ch#iities Aci (Northem Ir&land) 20f)6 arid UK Gen¥fns 2Crf)8 only lo Ihe eitenl roquired lo 8 truè Bnd falr VIÈW. Th1 duparture has invo4ied lolloviin.q tlio Stslem¢nt of Re¢.Dmrritsnded Pf£clico for charÈbEs B1>pl￿n￿ FRS 102 14iher Ilian kh& ve15ion of Ilie SipltrmBnl of Recommended PraclittÈ vihlctri is rpfpriedlo in ihe Re9ulatlDnS bijl wtiich has slr4lE t+.en wilhdrawn. The flnanezal s1atem&nls are pr&pÉir6d In s16rlÈng, v4hl¢h Is functlonal CUiTency of Ihe ehurch. è4or)Blary 2n)otsnt5 in Iheso financipl slal&menL4 8re frunded to IN¢ na8Jesl t. The flftynrial &tEJten)Bnb have buen prepafed under the Iii¥lori￿l cosl crJnvefttttiiF, lrnodln¢d lo includ4J Ih ruvaluplion of lsuehold prowrti05 8nd ID Indude Invesltheni properties Bnd certalh financlal instrumertls 81 fail valuel- Thtr princip?1 act4)unilng tx)IIooki advpled ai& Set Dul below. 1.2 Golng con¢em At Ihe VML of pppfeving ihd finnriclal sllltèmènrs, Ihe Trustèes ￿)ve a reasonab￿ expectatlon that Ihe Church has atlBquate iesourtss ID conllnug in operabonal exlstence for the fwestsBable Ivlurts. Thtjs Iht Truslees Dnllnue to adèpt ehe goln9 Cvncprn basss ol accouTrling In prepErin91￿￿ fJrtancLpI slalemBnls, 1.3 ChpTitablo funds Unrestilcted lunds are 8vail<ible for use at the discreb'on ol thp TfusIuÉ15 in fvrtherants of Ihelr chBritable objecllves. Resirkied funds are sublecl lo $pecifiC ¢ondllion5 by donors or grathior5 88 lo hu4V Ihey may bts used. The PUIPO&QS 8nd Uoes ol IFbp r?slilclod fund5 are oet oul In Ihe r¢oles tts ihe fin8nclal slalèmenls. EndoWn￿￿[ fur?ds are sublecl ID specifi¢ ¢01)di￿n5 by donoib IhBI (apiial mu81 b& mdinlalned by Ih Church. 1.4 ID¢om Income Ik reco9nlsed when the Church 1$ legally onliUBd to 11 after performantè tondilions h8ve tseen met, tho amounls can be meBsured rellably, and it Is pcobablo Ihat tncom8 ￿￿11 be recelved. Cash donalÉons are rÈcogniSgd on re¢wpi. Othèr donatlons arv Tecogni¥ed f)nc¢) Ihe Church hai¥ been nDllfi6d of Iho dDnat&on, tsnles" pBrfoTrn4rbce Coridilions fequrfo dèferiBI of tho amount. Iocc)mÈ idx reooverable in rÉ)latiDn lo donal￿1)￿ fecejved undèr tsiFI Aid or fJéed5 of ClFvenanl 1$ igcogniped al thé Itrno of Ilie donation. Lcgttrles RTE iecouni5ed on recelpi ot olherviise If IhB Church hos bèen notified ol an impenling distributicTrn, the sjmounl 55 known. and receipt is exw¢iBd. If Ihe amour)l is nol knvttn. the leg?Cy IS IteètEd a$ a onllngonl asset. I.S Exppnditure The$È a￿aunt$ for ilio year ended 31 D￿ember 2￿24 for Drumrea9h Pr&5byterlafj Church are preparèd in a¢rrjrdan￿ i¥llh FRS 102, The Flnancral Repfrrting SIFnderd applicable in Ihe UK ènd Republic of If8land.

DRUMREAGH PRESBYTERIAN CHURCH NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 IC¢ntinuedl Acc¢untln9 policie$ 1.6 Tanglblo Ilxed assels Tan9iblè Iixed Bssols afE iniii311y mepsu(od at And subsoquently mc8suied at cost or valualirjn. ni'l tsf d6preci8tion and any Impaiifftenl iosseg. Oepieclation Is roC(￿nI4￿d sts as ID YIIIIFJ Dll Ihe CDs1 w valuallfyn DI a+Nels loss iheir fe$ldual valijes t>ver their tispful Ilves on the lollD'h'lng bases: FteehcThd16nd ar)d buildin94 Fixlurc5 and t41tlThJs The g£iln or1055 aii4ing on the dlstKJS#1 (Jf An a&S'el 15 dolermin6.d 8_4 thu dlff8renLP befvJeoTh IhB bale. TrTDfL*e(IA n meabur¢d 3111)e presoiit value Of IhB fvl%Jrè r?cuipts di¥c¢iunl?d al o niark&l f ?L lo of inlG4fg.Bl. FIni?r￿%￿l 4ibspIs dar>Sified as fecel¥able iiiilhln one ytsor are nol ?mor115ed.

DRUMREAGH PRESBYfERIAN CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 A¢countlng poll¢leB (Contlr)uedl 841$ic fin4￿claI11￿￿}Jl11es B3$1¢ fiTrBn¢lal liabilllloa. inclvding uodilors ard bank loans arf3 inillally recogftrsed al Iransa¢lityn prlce unless Ihè arran9emenl t￿r)sIll￿te$ a frnancing 1rarisa¢lion, wheic. Ihe d￿bI in8lriJmenl Is mpa5ur£d AE Ihé present of Lle fulbru paymonts ttlscounled at p market rato of inlerost. FlnanciFJI Ilabilili&s classiflcd a$ F>l. uslno the efftsclive InlerEsl rai8 melh¢>d. Trade creditors aro ubligaions lo pay for gwds or sorvtCÈS thcil b8vo b2en iL Cquired In tr)e ordingry ctyJrse ol DpeFallorts Ironi 5upplleis. Amourils payable 8ro ¢lHssifiotl a$ curiEnl liabllilpes If paymenl is duo ivilhln onè yeas or Ipss_ If nol, Ihèy are prpsenlod noriacurr&nl Irablllllos. Traoé tt&d51ofS 8re retagni￿d iDlllatly at ransa¢tloh prtre and subsoquenlly mRa4urod at a￿ll￿tr5ed o)st Uslng Ihg effe¢live lTrtet&st m6ihod. 08rErCt)gnltsDn ol Ilnoncl81 liabllltles Flnancial Ilab(lilie.4 arÉ) dereGts9nised when (he Church's ODnlfa¢lLJal oblJuaiénrTr oxpirp oi dls¢h&rged or c4nLelled, 1,10 EmployÈ boneflls T43rininatit>n bBnefils ale recoonlsed IMM￿dIatelY expBnsp wlien rhe Church is dernDnstr8bly u)mmlllèd lo lerminai8 Ihe empJD5qnenl Df an eibpioyee OF tD WOVid8 leimlnétion betsgfils.. Critl¢al accDunllny estlmatBS and Judgements In the èw)IiLation ol ihe ChuTBh'8 8CCountin9 PuliriR8, Ilie TrusleLlS alp rtsquired lo make judgemL+nl3, 8xlimatÉ)S Bnd assumplions about ihts CaTryinQ amounl L)f a55els and liab3111Sts IhRI aiw rjol r￿d1[Y apparent frofft other" Otsrc￿S. The 8btima1es cind ?$$￿I31ed essumpliDn5 urB base([ Dn h¢slorieal eX￿riEnCe arid plher laclrM% Ihal are CMSidBred lo b& relevanL Actual iesulls I1￿Y dtrffer Irom these esLrmalps. Thu astimaies aro iind01154n9 aSSL¥mptions are revlowod r>n an ongolng b8sis. RevtSiQllS Io 8¢COunting e4blimaies rpc4)gnis¢d tn th¢ poriod In wh-.ch thtt estim8te Is r&vl$ed iv17èfe tho ievi41(m tffecls only Ihfji perlod. in the pèriod of Ihè revislon and fuuAo F1yod*￿ vihore the 18VFSion affÈ)cls both currefjl ¢ind fuluro pvlod5. IDc4>rne from charitable a¢tivitle$ Rèstrlctèd funds 2024 RostTi¢ted nd$ 2023 haritatrAp rèt)tal income 74)0 Income from Invesimtshts Unr¢Rtrl¢led Restrlct8d fundB funds 2024 2024 Totsl UntBsITiQted Re5¢rl¢t¢d funds fund5 2023 21123 rotal 2024 2023 Inleiosl receivablÈ 177 210 1,032 1.116

DRUMREAGH PRESBYTERIAN CHURCH NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Don8tlons Dnd le9aCiO$ VnrBslrlEted R¢slTi¢tod fynds funds general Total 2024 Tolal 2Q23 Donailons an¢ gills Other 180.667 1BO,867 125,521 163,1139 16Q,218 25,521 180,861 12S,521 306,388 323,SB7 Jl3.G81 F¢T thE year ¢Dd4ad 31 Dgcembgr 2023 163.4139 160,218 Olher Income UnrB$lrl¢tèd Re5trlctEd funds funds 2024 2024 Total Unrestriclèd Rtsstrlctttd fund$ lurtds 2023 2023 Total 2023 2024 Fltslea&ètJ from endoiiKnBnl funds Ncl 9girF OTr disposal of l&nylbl? fixcd @ssels Olher incom 1,000 1,000 1.000 1.000 176,237 21,381 178,237 ?,2,3t4 16,96 21,1Q4 16.960 26,146 933 S,042 198.b18 1QLI.551 5.042 39,0fj4 44.106 933 iO-

DRUMREAGH PRESBYTERIAN CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Chaillablè acllvltl05 2024 2023 Slam cosls D&prepl8lion and Impaiiment Rèritsl Pfoptsrty *xpensr35 Mi&S&Dn£ 14t7d Dlher 9roup5 R¢pBir£ and rTtainl?.17alltL4 Insuranee Hèal and Ilght Admtn co$ls S181ionery an(1 printino Rates FiTranclal (h8rge$ EdiJcalloF) and tr￿￿ks Gpn&{al &xp9n￿S othpr ehaTiIBble exptsndilur 84,692 76,002 S66 92,158 13.275 6,301 11.478 6.275 3,027 2,313 831 G61 29,93S 1,414 87,928 82.Z37 490 43.3FI 9,227 6,Q81 15,417 3.Q62 2.345 2,533 18,932 30,114 3,636 328,928 306,273 328,928 306,273 AnalyBls by ￿nd Llnr&8lric4ed funds RbslTicled fiir>ds - da8ignatQrJ R&stslcled funds- genpr81 148,B92 1.000 179.036 32B,928 For tho yeai end#d 31 Dtcember 2023 Un(estricled funds Reslrlcled fund0 . Restil¢lBd tunds - ts<3neral 1Sts.001 1,000 136,772 2￿,273 Ne¢ movoment ID funds 2024 2023 Th8 nel n)ovt>menl In lunds is Bt8ted aftèI chBFqingl(Uadiling).' D8preciBllon tsl uwned 18nyiblé fixe.d assols PrLbfit on Olsposal oF18nglblo liXEd •¢osets 76,002 {16,960) 82,237 ¢176,237) Trustees Nun8 of the Truslees (or any persons cofinèclèd wllh Ihèmj, glher Ihan Rev. Rlchtsrd Murfay, iecgivod any remuneratrjrj or borE8fils from Ihè Church durin9 the year. 11

DRUMREAGH PRESBYTERIAN CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DE¢EM8ER 2024 10 Employoes The er8g4 monthly numbor of enj￿9Ve&S during Ihe ybai ivas.. 202é Number 2023 NumbEi 2024 2023 Employment co$15 B4,692 B7,928 Wages and sa18ries ThÈiÈ werB fKJ eThployeeE Wt4ll5è annual remuMralion iiths moro than £60.000. Dtumfeagh Pre5bylpri&n Cliurch has e.rnplo¥ees wnl¢h are the KlusiG Coordinaltsf gnd Carplaktrr. Stall eosts inclLid8 Ihe c051 of the Klijgic Coordinalor. mini51or$' w3CL&S and caFlakor co515. Allhougli tha V&'ages svbylerian Ofe paid bi Dru¥nfe&9Ii Prpsbyleriyn Chuich. Iho mif¢iSl&r Df the Ghurr.h 15 an ÈMPIOYPB DI Ihe Pif. Chur¢ In Irelènd. and Is Iheiofore nol rpllecied in Ihe pmpltsyep. numbprs of DitJmreBgh Pre5b￿er13n Chvrch. 11 Taxatlon The cl)arily is exempl firJrn1ÈixalKsn on ils riLllvilie5 be¢auS￿ 811 its Incornby is 8pplied for chari18blè PUfP05BS. 12 Tan¥lblè fix¢d &5Strt$ FIE*ho141 land FiKIu1ts8 Cost Al 1 January 2024 ddil'iDTh DIspL)yIs 2.911.4d4 266,076 3,177,520 1.940 1,940 132,Id1 } 132.7411 Al 31 Dwmber 2￿24 2,87B,70J 266.016 3,146,719 Deprè¢lation 8nd Imp8lmiODt Al l January 2024 De.prBtiallDn Ihafged In IhB ¥oar 20D,853 BI,555 116.469 24,4d7 377.322 76.fpJ? 455.324 hl 31 DeGBthber 2024 312,408 140.916 Carrylng aMQLtnt Al 31 DeGvmber 2024 127,41)0 2,693,395 2,566,295 2,800,198 Al 31 Decumbpr 2023 2.65D,691 149.607 12.

DRUMREAGH PRESBYTERIAN CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 13 Debiors Amotsnts f8lllny due withln One year. Tiade deblors 2024 2023 32.940 43,￿3 14 Crodilofs", amouttt8 falllrtg duo wilhln one year 2024 202$ TiJdp ¢redilors 4,074 3.4£6 15 Rtstrlcttd fund$ Tho Testrlctod funds of the charlty comprkn LF)e un8xpondtsd balances of don411(>n5 and yrants lièld on Iru51 subjec4 lo bpeclflc con0ili0Tr5 bil donoT5 to hr)w Ihey may be FJ$8d. At 1 January 2024 Jn¢oming resDur¢es Resource$ exponded Trnnsfers At31 Dvcèmbtrr 2024 2,B54,014 164,618 1179,0361 1,103 2,840.699 Preylous year: At l January 2023 Incoming resource$ Resoutces a¥p*nded Tran&fer5 At31 Dèetmbèr 2023 2.263,(￿3 378,473 (136.772> 349.250 2,854.014 16 Roslricted fund8 . d05ignaltrd Thes¢3 are rÈstrittlpd ftsnd5 whicli are malL¥riai lo IFIB Churth's 8ctlvlties. At 1 January ResDurces 2D24 oxpendod At31 Dtscembèr 2024 9,000 11.000) 8,000 PieviDU8 year: At 1 Jarbuary Rt$ource$ 2023 xpendod At31 Doeember 2023 10,QC¥) (1.ODOI 9.DJO 13

DRUMREAGH PRESBYTERIAN CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 17 Analysls ol n¢t as9ets botween fuThds Tol81 VnreslrlGlgd fund$ Ro51rloted funds deslln&tèd 2024 Restrltied tund5 2024 2U24 ?D24 Fund balan¢e5 8t 31 Dec¢mbof 2024 grB iepro$pnt¢d by: Tangibla ao. C.u¢ienl asselslllj8bil1l.￿￿} 123,097 2,693,395 147,304 2,683,395 278.401 8,000 123,047 e,Troo 2,B4D,699 2.571,796 Total Uncestricled tunds Re$lricled funds do$lgnalod 2023 R851rlctod lunds 2023 2022 2023 Fund b•latt¢¢S al 31 Decpmber 2023 are r¢pre5¢nlod by: Tangiblp assels Curionl 8i¥sei51lllabilili¢S} 87.OD$ 2,800,198 2,800,198 141J.822 9,(gJO 87.006 9,WD 2 9￿.020 IB UniÈstri¢l¢d lunds The inU)me luTrd5 of ihè chptily bnclude Ihe folloi¥Jiro de4ignaled fundB ￿lch hRve been ovet Bsldp oul of uhre4lTl¢led fuiid5 b5. the Iru41oES lar $peciIIc pul￿42S. - £10,000 held by Ofumre2gh (OT upk¢ep ol Mopdy Gravp.. At 1 January InGDming 2024 RÈ$Dur¢es ex￿nded Tiansfers Ai31 t￿¢ember 20Z4 {14B,892) 11,1031 123.D97 Gonttial lunrjg 87,OD6 186,ts56 Tran5fBI$ At31 Decemb2r 2022 Prnvlous year,. At 1 Jan￿ary 202$ Incèrning resour¢èb Re30ur¢es expende 439,35J 16S,4ri4 116B.ts01) 1349.24tJ) 87.OOG Gonefal funds 19 An￿]y$s9 of chafiyPS nel fund$ Tho Church l)èd no mal¢ilAI dobl during Ihe year, 14