an UNION ROAD CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Registsred Charity in Northern Ireland (NIC105591)
an UNION ROAD 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 Union Road congregation of the Presbyterian Church in Ireland 16 Union Road Magherafelt Co Londonderry BT45 5DF Registered Charity in Northern Ireland {NIC105591) CHARITY TRUSTEES The Charity Trustees who served during the year or who were trustees at the date of this report were I Cousley A Hatrick l Francis S McKeown F Gallick T Patterson J Grant G Watterson PRINCIPAL OFFICE BEARERS Minister Assistant Minister Clerks of Session Treasurer Rev Ashley Graham Vacant Gordon Watterson Frederick Gallick INDEPENDENT EXAMINER David Lyttle + Co Ltd 15 Meeting Slreet Magherafelt Co Londonderry BT45 6BN BANKERS Ulster Bank 20 Broad Street Magherafelt BT45 6JR
an UNION ROAD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (CONT'D) STRUCTURE AND MANAGEMENT Tho Kirk Session The Charity Trustees of the congregation are rnembers of the 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 ongregation and of persons nol connected with any COngregatn who are within its bounds. It ensures pastoral care is in place in the congregation and seeks to further the Contribution of the Church to Christian witness and service in the community. The Kirk Session has delegated to its Congregational Committee the temporal affairs of the congregation including administering all funds and property belonging to the congregation. Members of the Kirk Session are ex-officio members of the Congregational Committee. The Kirk Session consists of the ordained minister and the ruling elders of the congregation. All members are enlitled to propose, speak and exercise qual votes al meetings, except that the Moderator. the ministers in active duty in the congreg*ion, has no deliberative but only a casting vote. Slated meetings of the Kirk Session are held on the second Tuesday of atternative months (October, December, February, April & June) and at other times as required. To be chosen for the office of the eldership in the congregation a person must be a voting member and a regular attendant at its ordinances. The selection of those proposed to be called to the Off can either be by the congregation or by Kirk Session. Members are elected rf they obtain tw¢Fthirds of those who vote. Presbytery Under the Presbytenan Church in Ireland fomi of governance the corporate oversight of a congregation is the responsibility of a Presbylery which superintends generally the spirrtual and temporal affairs of the congregations assigned to it by the General Assembly of the Presbyterian Church in Ireland. The Union Road Congregation of the Presbylerian Church has been assigned to the Tyrone Presbytery of the Presbyterian Church in Ireland. The membership of the Presbytery consists mainly of the active ministers of congregations assigned to il by the General Assembly. minsters who have retired from active duty and an elder appointed by the Kirk Session of the congregation. The Ganaral Assembly The General Assembly is the supreme court of the Church, representing in one body the whole Church and acting as its supreme legislative, administration and judicial authority, in dealing with all matters brought before rt. The General Assembly is normally constituted during the first week in June for worship and to conduct its business. At the end of business it is dissolved. The membership ofthe General Assembly consists Main of the active ministers of each congregation, retired minsters and a representative elder appointed by the Kirk Session of each congregation.
an UNION ROAD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (CONT'D) Objectives and activlties Union Road Presbylerian Church is a congregation of the Presbyterian Church in Ireland. We hold regular services of worship and other religious activities. These. and all that follows, are open to anyone of appropriate age andlor gender to access, without regard to whether they are members of our congregation. Through prayer, support our members. our own Church. other Christran Churches. the community and leaders in society and govemment. Organise meetings and events that promote our chantable purpose. Participate in the lrfe of the local community. Participate in and support what the Presbyterian Church in Ireland and the supervising Presbytery does. Support other secular and Christian organisations and charities through volunteering. financial gifts and prayer. The Presbylerian Church In Ireland, as a Refonned Chu within the wider boty 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 wortd. The Congregation meets for worship every Sunday {12 noon & 6.30pm) and visitors are welcome to join. Th8 Sacrament of the Lord's Supper is observed on several occasions during the year and all those who have been baptised and who have made profession oftheirfatth in the Lord Jesus Christ are admitted to the Lord's Supper. The congregation holds regular times of Bible Study and prayer meetings alongside a wide range of organisations in¢luding'.- Boys Brigade Encounter Ladies Bible Study Bible Class Sunday school Presbyterian Women Hard Corps Men's Bible Study Mums & Tots Discipleship Groups Pause for Prayer Achlevements and performance The Presbyterian Church in Ireland meets the public benefit requirement by providing benefrt to its members and the general public by making known the Christian Gospel of the Lord Jesus Christ through the advancement of religion. The direcl benefits which flow from the purposes of the Church include the gaining of an understanding in Christian beliets 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.
an UNION ROAD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (CONT'D) In turn, this framework leads to practical expressions of Christian beliets and standards in the local community such as through the care of those in need {including the sick. disabled and bereaved). Generally the above benefits are delivered locally by congregational churches and members, or are facilitated through presbyteries or are organised and delivered centrally. Local deltvery is facilitated by central resources in almost all cases. Public access is made known through the use of noticeboards. printed material, press advertisement, websites, and social media or in other ways. The benefits are demonstrated through regular evaluation of the services and infomial and ad-hoc feedback from members, their families, and members of the public. The purpose does not lead to harm. The only private benefit flowing from our purpose is related to Ministers, Missionaries, Deaconesses. Irish Mission workers and Lay Agents who recetve benefits as a result of their holding office or employment. However, this is incidental and necessary in order to further our charitable purpose. There are no other prNate benefits. The beneficiaries of this purpose are members, their families, other individuals that the Presbyterian Church in Ireland is in direct and indirect contact with. the community in which pastoral services are provided and olher communities throughout Northem Ireland, the Republic of Ireland, 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 congregation normally meets for worship each Sunday at 12 noon and 6.30pm. On Thursday evenings. we meet for 'Pause for Prayel alternating with Home Bible Study Groups IDiscipleship Groups] which generally meet in homes across the town and beyond. As well as our regular services during the year we acknowledged God's gift of new life Ihrough 1 Sacraments of Baptism. During the year there were no new Communicants added to the Church family. At 31 Dember 2024 there were 166 communicant members and 175 families connected with the congregation. The average weekly attendance at morning worship is around 200.
an UNION ROAD CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (CONT'D) FINANCIAL REVIEW The congregation's main SOU of income is members. contributions to the General FurKJ through the Weekly Freewill Offering, and the Building Fund. The resulis for the year are set out on in the finanaal ststements. vthich the Trustees consider to be satisfactory. The reserves of the Congregation are held for the advancement of its charitsble purpose. other than restricted reserves which are held for a designated purpose. STATEMENT OF TRUSTEE RESPONSIBILITIES The Trustees are responsible for preparing the annual report and the finanoal statements of the congregation in accordan with applicable law 2nd generally accepted accounting practice. In preparlng the financial statements the congreg*'onal committee should folk)w kest practice and: select suitable accounting policies and apply them conststentty., make judgements and estimat8S that a reasonable and prudent.. follow the remMendatiOnS of the accounting professional with gard to the fonn and content of the financial statements, or to disclose and explain any departures therefrom; and prepare financial statements on the going concem basis. unless it is inappropriate to assume that the congregation will be able to continue to meet its obligations. The Trustees are responsible for keeping adequate accounts'ng records Ihat are sufficient to show and explain the congregation's transactions and disclose with reasonable accuracy at any time its financial position. They are also responsible for safeguarding the assets of the cOngregatn and hen for takn'ng reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees, Annual Report was approved on I I ' -and stgned on behalf of the board of Trustees by .' Ir Fre k Gallick Gordon Watterson Trustee
an INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF UNION ROAD CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND I report on the accounts of the Trust for the year ended 31 December 2024, which are set out on pages 8 to 15. Respective responsibilities of charity trustees and examiner As the charity's Trustees, you are responsible for the preparation of the accounts in accordan with the Charities Act (Northern Ireland) 2008. It is my responsibility to= • examine the accounts under section 65 of the Charities Act follow Ihe procedures laid down in the general Directions given by the Commission under section 65(9){b> of the Charities Act stste whether particular matters have Come to my attention. Basis of independent examinerfs report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directs'ons given by the Charity Commission for Northem Ireland under section 65(9)Ib) of the Charrties 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 conceming any such matters. My role is to state whether any material matters have Gome to my attention giving me cause to believe.. 1. That accounting records were not kept in accordance wrth section 63 of the Charities Act 2. That the accounts do not accord wtth those accounting records 3. That the accounts do not comply with the accounting requirements of the Charities Act 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent examlnerfs statement I have completed my examination and have no concems in respect ofthe matters {11 to (4) lisled above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that re uire drawing to ur attents'on. Geagh FCA CTA for and on behalf of David Lyttle + Co Ltd Chartered Accountants Statutory Auditors Date .06. 2oZr. 15 Meeting Street Magherafelt Co Londonderry BT45 6BN
an UNION ROAD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestricted Restricted Funds Funds 2024 Total Total Note 2024 2024 2023 Income from Regular Direct Giving Donations and Legacies Activities that Generate Income Other Income Sources 116,384 103,775 15,000 7,682 11,561 138,018 220.159 15,000 7.882 18,141 261,182 224,310 10,000 3,441 10,014 247,765 200 6,580 123,164 Total Income Ex endfture on Central Church Assessments Ministry and Support Staff Life and Work Governance Property and Equipment Grants to Missions and Charities Other Resources Expended Total Ex ènditurn 20,893 42,708 9.808 8,305 16,902 20,893 42,708 22,175 8,305 77,329 23,989 17,111 212,511 18.210 32,796 26,399 4,827 88,179 7,738 1,999 180,148 12.368 60,427 23,989 16,130 112,914 981 99,597 Net Income for the Yoar 23.567 25,104 48,671 67,617 Exce tional items Cost eliminated on reGonslruction of Manse Depreciation eliminated on reconstruction of Manse Transfers 425,000 42,500 {9.693) 9,693 Not movemont In funds 13,874 34.797 48,671 -314,883 Funds brought forward 285,104 678,739 963,843 1,278.726 Funds ¢arried forward 298.978 713.536 1.012.514 963,843
Presbyter an UNION ROAD CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2024 Notes 2024 2023 Fixed Assets Tangible Fixed Assets 1,113,701 967,110 Current Assets Debtors Cash at b8nk and in hand 39,391 112,488 151,879 25,139 83,094 88.233 cdItorS < 1 year 149.210) (91.500) Net Current Assets 102,669 13,267) Creditors > 1 year {203,856) Net Assets 1,012,514 963,843 Funds Unrestrictsd Funds Restricted Funds 298,978 713,536 285,104 678,739 10 1.012,514 963,843 For the year ended 31 Dernber 2024 the charity was entitled to exemption from audit under Section 65 of the Charities Act (Northem Ireland) 2LN)8. Trustees, responsibilities The members hav8 not requested the charty to obtain an audit of its accounts for the year in question in accordance with section 65" and The trustees acknowledge their responsibilrties for comptying with the requirements of the Act wtth respect to accounting records and the preparatK)n of accounts. These financial statements were approved by the board of trustees and are signed on their behalf by: rick Gallick tee Gordon Watterson Trustee Date
an UNION ROAD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 DECEMBER 2024 ACCOUNTING POLICIES BASIS OF PREPARATION The principal accounting policies adopted, judgements and key sources of estimation UnrtaInty in the preparation of the financial statements are as follows= a) Basis of Preparation The financial statemenls have been prepared in accordance with A¢UntIng and Reporting by Charities'.Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 20151 and the Charities SORP. Union Road Presbyterian Church meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless othemise stated in the relevant accounting policy notes. b) Preparation of the accounts on a going concern basis Union Road Presbyterian Church has prepared the accounts on a going concem basis. The balance sheet is strong with strong continued support by the members. c) Income Income is recognised when the charity has entitlement to the funds, conditions attached to the items of income have been met, it is probable Ihat the income will be received, and the amount can be measured reliably. Income from government and other grants. whether capital grants or revenue grants, is recognised when the charty has entitlement to the funds, any performance conditions attached to the grants have been met. it is probable that the income will be receNed, and the amount can be measured reliably and is not deferred. d) Donated services and facilities In accordance with the Charities SORP (FRS 102). the general volunteer time of the Charity's volunteers is not recognised financially in the Slatemenl of Financial Activities but their valuable contribution is acknowledged in the Trustees, report. e) Interest receivable Interesl on funds held on deposit is included when receivable and the amount can be measured reliably by the charity- this is normally upon notification of the interest paid or payable by the Bank. O Fund accounting Unrestricted funds are available for use at the dis¢retion of the Congregational Committee in furtherance of the objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the Congregational Committee for particular purpose5. General funds may be transferred to designated funds where the Congregational Committee wish to use these funds for a specific purpose. Such funds may be transferred back lo general funds once the cnteria for the designation have been met or are no longer applicable.
an UNION ROAD CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 DECEMBER 2024 Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the tenns of the appeal. g) Expenditure and irrecoverable VAT Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings: Expenditure on charitable activities includes the costs of central church assessments, ministry and support staff, core team and organisations expenditure, church running costs and administration, donations and other support services to further the purposes of the charity and their asscciated support costs. The church is not registered for VAT purposes, therefore irrecoverable VAT is charged to the Statement of Financial Activities, or capitalised as part of the cost of the related asset, where appropriate. h) Allocation of support costs Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs. finance, human resources, payroll and governance costs which support the charty's activities These costs have been allocated against the expenditure on charitable activities. i) Operating leases The church has no operating leases. j) Tangible fixed assets and depreciation Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful lrfe, as follows: Manse Meeting House Garden Street Hall 2% Straight line 2% Straight line 2% Straight line k) Cash at bank and in hand Cash at bank and cash in hand includes cash and short temi highty liquid investments with a short maturity of three months or less from the date of acquisrtion or opening of the deposit or similar account. l) Taxation The church is a registered charity and the charitable tax exemptions are therefore being claimed to the extent that income andlor gains are appli¢able and applied to charitable purposes only. These exemptions will remain in place as long as income and expenditure is applied to charitable purposes only. m) Critical accounting estimates and judgements In the application of the Charity's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects onty that period, or in the period of the revision and future periods where the revision affects both current and future periods. 10
an UNION ROAD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 DECEMBER 2024 2. Fixed Assets Meeting House Garden St Manse Hall Total Cost As at 1 January 2024 245,381 478.535 350.0 1.073.916 AdditnS 171,500 171,500 As al 31 December 2024 478.535 350.CQO 1.245,416 Depreciation As at 1 January 2024 4.0 57.426 1(,8c Charge for the year 8.338 24.909 As at 31 December 2024 13.238 51.480 131715 Net Book Value As at 31 December 2024 403,643 240.481 411.538 421,109 298,520 305.520 1,113,701 967,110 As at 1 January 2024 3. Debtors 2024 2022 Other Debtors Gift Aid Receivable 39,391 39.391 25.139 25.139 4. Creditord < 1 year 2024 2023 Other edItorS and accru81$ 3,066 46.144 49.210 91,$00 Loan account 91.500
an UNION ROAD CONGREGATION OF THE PREs8ERlAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (CONT'D) 31 DECEMBER 2024 5. Credltors > 1 year 2024 2023 Loan account 203,856 203.856 The bank loan is secured by a first legal charge over 14. 16 & 18 Union Road (Church Buildings}. 6. Employees 2024 2023 Employment Costs Wages and Salaries Social SeGurity Costs Pension Contributions 30.703 583 16,943 1,303 3.031 21,277 5,874 37.160 Number of employees The average number of employees, including the minister of the congregation, during the year was 1 (2023.. 1) There were no employees in receipt of employee beneffts in excess of £60.000. 7. Penslon Costs The minister of the congregation is a mernber ofthe Presbyterian Church in Ireland Pension Scheme {2009). This is a scheme operated by the Presbyterian Church in Ireland. a separate registered charity. The congregation pays an assessment to the Presbyterian Church in Ireland equivalent to the employer's pension contribution for the Scherne and based on the stipend paid to the minister. The Presbyterian Church in Ireland Pension Scheme (2009) is a funded scheme of the defined benefit type, providing defined benefits based on career average 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 sGheme is sufficiently 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 contributions 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 cOngregatn during the year were £5,874 (2023: £3,031) 12
an UNION ROAD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (CONT'D 31 DECEMBER 2024 8. Related Party Transactlons None of the Trustees received any remuneration, no Trustees claimed expenses during the year in connection with their duties. During the year the congregation contributed the following amounts to funds ofthe General Assembly of the Presbyterian Church in Ireland, a separate charity: £20,10812023'. £18,210) for congregational assessments £6,742 (2023.. £7,238) towards the United Appeal The congregation contributed £785 (2023: £482) loardS Presbytery Assessments during the year. There were no other related party transactions. 13
an UNION ROAD CONGREGATION OF THE PRESBERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (CONT'D) 31 DECEMBER 2024 9. Unrestrfcted Funds- Movements In Ihe year Balan at Incoming Funds Transfers Balance at 01101r2024 Expended 3111212024 General Fund 285.104 123.164 {99.59n 19.693) 298.978 10. Restrirted Funds- Movements in the year Balance at IrKcrfning Funds Amounts Transfers Balance at 0110112024 Expended 3111212024 Bullding and Property Building fund Propety fund HaNest fund 53.244 88.241 (76,55T) 64,928 574,699 51,709 574,159 45,439 6.270 672.842 95.051 {76,55T) 691,336 Mission Mission and Special Collections Other {9.331) .322 (24,143) 9,986 6.834 Boys Brigade Fund PW Fund 6,773 3.414 (5.761} (3.2811 {2.6C) 2,719 Sunday School Fund Youth Fund 1.405 2.428 1.227 2S¥) (2g)) {3) Ignite Fund Ladies Day Fund Mums and Tots Fund 246 246 634 (566) 573 Christmas Fund 2,463 15.228 3,557 15.366 12.645 (12,214> {293) Total Restrided Funds 678,739 138.018 (112.9141 9.693 713.536 l. Capital Commitments There were no capital commitments at the balan sheet date. In the prior year the Manse was in the process of being rebuilt. Costs incurred up to 31 December 2023 amount to £245.381. It was estimated at 31 December 2023 that the total cost to wmplete be £391,000. 14
an The following pages do not form part of the statLrtory accounts. 15
an UNION ROAD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND DETAILED STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2024 Incoming Resources Unrestricted Building Restricted Total General Property Misslon Regular Dlrect Glvlng Recorded Giving Gift Aid receivable 101.775 14. 67.106 10.169 3.055 12.836 2,486 2,435 1,400 1,020 3.268 183.117 28.241 8.801 Loose Collections 43 Total Regular Direct Giving 116.384 80.330 17.757 5.688 220.159 Donations and Lega¢les Received for Congregational Organisalions Gift Days. Special Cdlections and Donations Legacies and Bequest5 Total Donations and Legacies 10.0fy) 15,000 10.000 5.000 15.000 Activities that Gerate Inc¢)me Income from Church Events 1,288 1,288 200 Weddings, Funeral, etc Income from Youth Events 200 1,684 1,684 550 Hall Rental 550 Car Park Income 4,160 4.160 Total Activities that Generate Incorne 200 4,710 1,288 1,684 7,882 Other Income Sources Rental Income Miscellaneous Income 78 10 125 213 Lecumpher Shared Expenses Church Organisation Inc(e Total Other Income Sources 6.502 6,502 11,426 11.426 6.580 10 11,S51 18,141 Total Incomlng Resource8 123,164 95,050 24,045 18,923 261.182 16
an UNION ROAD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND DETAILED STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2024 Resources Expended Unrestricted Building Restrlcted Totsl General Property Mission Other Central Church Assessments Central Ministry Fund Communications Department Ministers. Penon Scheme Fund 3,843 1.076 5,874 1.076 5,874 691 dows of Ministers. Fund Inridental Fund 2,766 538 2,766 538 Prolonged Disabilty Fund Ministerial Development Fund Sick Supply Fund Assembly Buildings Extemal Work Presbytery Fees Ministerfs National Insurance 15 15 1.382 785 1,382 785 2.617 1,229 2.617 1.229 Students Bursary Fund Total Central Church Assessments 20.893 20.893 Ministry and Support Staff Ministerfs Stipend Other Ministry and Support Staff Total Ministry and Support Staff 31.286 11.422 31,286 11,422 42.708 42.708 Llfe and Work Worship and Fellow$hip Discipleship and Ministry Mission and Outreach 5,450 4.357 154 12.214 17.818 4,357 Total Ufe and Wo 9.807 154 12.214 22.175 Govemance Other Professional Fees 6.030 6,030 Other Sundry Expenses Printing and Stationery Books and Materials 1.630 645 Total Governance 8.305 8,305 17
an UNION ROAD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND DETAILED STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2024 Resources Expended Unrestrlcted Building Re8tr1cted Total Genernl Property Mission Other Property and Equlpment Utilities 859 16.869 18.649 17.728 19,541 4.661 Repairs and Maintenance Insurances 4.661 Construction Purchased Assets 4.190 4,190 6.300 Manse Rental 16.902 35.518 52.420 Deprèciation Depreciation - Manse DeprecAation - Meeting House Depreaation - Garden Street Hall Totsl Depreciation 8.338 9,571 7.000 8,338 9.571 7,000 24.909 24,909 Total Property and EquiFxnent 16.902 60.427 77.329 Grants to Missions and Charities United Appeal other PCI Schemes 6.742 .742 Other Missions and Charities Total Grants to Missions and Charities 16,297 17,247 23,039 950 23,989 Other Resour¢es Expended Retirement Gift Bank interest and charge$ Loan Interest 982 3.184 12.946 4.166 12.946 Total Other Resources Expended 982 16.130 17,112 Total Resources Expended 99,597 76,557 23.193 13.164 212,511 18