an BADONEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees Annual Report and Financial Statements for the year ended 31 December 2023 Registered Charity in Northern Ireland INIC105600)
an BADONEY 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 2023 including a Statement of Assets and Liabilities as at that date. REFERENCE AND ADMINISTRATIVE DETAILS Badoney congregation of the Presbyterian Church in Ireland Droit Road Newtownstewart BT78 4DS Registered Charity in Northern Ireland (NIC1056001 CHARITY TRUSTEES The Charity Trustees who served during the year or who were trustees at the date of this report were Rev R Thompson Mr E Allison Mr N Black Mr E Crawford Mr R McPhillimy Mr J Burton PRINCIPAL OFFICE BEARERS Minister Clerk of Session Rev R Thompson Mr E Allison INDEPENDENT EXAMINER Mrs Wendy Arnold c/0 8 Main Street Newtownstewart Co Tyrone BT78 4AA BANKERS Danske Bank 5-7 Market Street Omagh BT78 IBN SOLICITORS Mcconnell & Fyffe 21 Church Street Omagh BT78 IDG
an BADONEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) STRUCTURE AND MANAGEMENT The Kirk Session The charity trustees 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 it5 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 local 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 member5 of the Congregational Committee. The Kirk Session consists of the ordained minister and the ruling elders of the congregations. All members are entitled to propose, Speak and exercise equal votes at meetings, except that the Moderator, the minister in active duty in the congregation, has no deliberative but only a casting vote. Stated meetings of the Kirk session are held at least twice in each year or as appropriate. To be chosen for the office of the eldership in the congregation a person must be a voting member and a regular attendant on its ordinances. The selection of those proposed 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 form of governance the corporate oversight of a congregation is the responsibility of a Presbytery which superintend5 generally the spiritual and temporal affairs of the congregations assigned to it by the General Assembly of the Presbyterian Church in Ireland. Badoney congregation of the Presbyterian Church has been assigned to the Omagh 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.
an BADONEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) The General 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 it. 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 of the General Assembly consists mainly of the active ministers of each con8regation, retired minsters and a representative elder appointed by the Kirk Session of each congregation. DESCRIPTION AND PURPOSE The charitable purpose of the congregation is the advancement of religion. Badoney congregation of the Presbyterian Church is a congregation of the Presbyterian Church in Ireland. The Presbyterian Church in Ireland, as a Reformed 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 purpose is: Forthe glory of God, to be a place where unsaved people hear the gospel, repent of sin and trust in Christ; where those who have become Christians are biblically equipped to worship and live for God by life and lip; and where gospel outreach to our local communities and the wider world is promoted. With this in mind, our vision is, by the grace of God, to be a congregation which demonstrably: is increasingly characterised by love for God, and love and concern for others; is committed to the historic Christian gospel as revealed in the Bible; is relevant to people of this time and place. The congregation aims to live out its Mission and Vision as a family of God's people by being: A Covenant Community: where our relationships are rooted in the promises of God by living faithfully toward him and toward one another An Intergenerational Community: where adults intentionally take the lead to engage with, encourage and nurture younger members to maturity in Christ. An Outward looking Community.. where we want the blessings of God that belong to us in the gospel to become blessings for others beyond the bounds of our community. As a congregation of the Presbyterian Church in Ireland, we believe that the Bible is the supreme authority over all we do, and that the Westminster Confession of Faith, along with the Larger and Shorter Catechisms set out what we understand the Bible teaches on key matters of Christian faith and practice.
an BADONEY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) ACTIVITIES AND OBJECTIVES The congregation meets for worship every Sunday and visitors are welcome to join. The Sacrament of the Lords Supper is observed on several occasions 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, Bible Class, Creche, and jointly with Corrick and Glenelly Presbyterian Churches: Holiday Bible Club Friday Club and Arise (Children and young people's meeting) pw Bowling Club Younger Women's Group Prayer Meeting Bible Study Group Unfortunately, the legacy of COVID restricted some activities taking place during 2023. ACHIEVEMENTS AND PERFORMANCE Worship and prayer The congregation normally meets for worship each Sunday at 12.20pm, During the week the 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 our regular services during the year, there were no Baptisms, we conducted no marriage services and we gave thanks for faithful services and sought to comfort those who had been bereaved during the year. At 31 December 2023 there were 98 communicant members and 58 families connected with the congregation. The normal average weekly attendance at morning worship is 40. 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 minister or elders. Mission and outreach At a local level the congregation reaches out through the regular preaching of God's Word, special services and the individual friendship evangelism of committed members, together with our youth and children's work.
an BADONEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) The congregation supports the United Appeal for Mission which is a central fund of the Presbyterian Church in Ireland. This fund enables congregations to support the wider mission of the denomination and to do mission and outreach on a denominational basis beyond whatthe congregation could do on its own. The United Appeal Fund provides financial 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, assists with the running costs of Union Theological College, the Church's training college for ministry students, and financially supports congregations in the areas of worship, discipleship, global mission, outreach, leadership and pastoral care. The congregation also contributes to the denominations annual World Development Appeal, Sunday School project and any other special appeals. Presbytery The congregation is represented at the regular meetings of Presbytery by our minister and / or one of the elders. This provides an important link between the congregations and the wider structures of the church. General Assembly The minister and one of our elders are nominated to attend the meeting of the General Assembly of the Presbyterian Church in Ireland held in Assembly Buildings, Belfast, in June. Organisations Activities of all organisations can still be limited by the legacy of the Covid-19 pandemic:_ Presbyterian Women: Group normally meets monthly, is open to all women of the congregation, and has a varied programme. Younger Women's Group.. Normally meets monthly, draws its membership from the congregation and beyond, and explores a wide variety of topics. Sunday School & Bible Class: Total enrolment for 2022/23 of 23 children, with 5 teachers. Bowls Club: Normally meets weekly. Prayer Meeting: Normally Meets monthly. Bible Study Group: Informal time of Bible teaching and discussion. Normally meets monthly and is led by the minister.
an BADONEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) Children & Youth Meeting (Friday Club & Arise): Normally meets weekly. Draws children and young people from the congregation and surrounding area for two hours of games and Bible teaching. Annual Holiday Bible Club (Normally 5 days in the summer): Draws children from the congregation and community. N.B. All of the above are run jointly with our linked congregations of Corrick and Glenelly, except for Sunday School and Bible Class. Volunteers The Trustees wish to acknowledge their deep appreciation of those who give freely of theirtime by serving on committees and helping with organisations and other church activities.
an BADONEY CONGREGATION OF THE PRESBYfERIAN CHURCH 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 from 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 turn, this framework leads to practical expressions of Christian beliefs and standards in the local community such asthrough the care of those in need (including the sick, disabled and bereaved). Generally the above benefits are delivered locally by congregations and their members, or are facilitated through presbyteries or are organised and delivered centrally. Local delivery 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 informal 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 receive 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 private 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 other communities throughout Northern 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 Kirk Session has had regard to the Charity Commissions Public benefit requirement statutory guidance.
an BADONEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) FINANCIAL REVIEW The congreEation'5 main source of income is members, contributions through the Weekly Freewill Offering. There were 44 contributing families during the year [46, 2022] donating a total of £23,727 {£25,902, 20221 Total Income of the congregation during the year was £43,623, compared to £36,960 in the previous year. Total expenditure increased from £34,487 to £43,335. 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 congregations total income does not exceed £250,000, the Trustees have elected under Section 64131 of the Charities Act (Northern Ireland) 2008 to prepare a receipts and payment account and a statement of assets 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 financial position. They are also responsible for safeguarding the assets of the congregation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Kirk Session at a meeting on and signed on its behalf by Rev R Thom Mr E Allison Dated:
INDEPENDENT EXAMINERS REPORTTO THE TRUSTEES OF BADONEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND We report on the financial statements of Badoney Presbyterian Church for the year ended 31 December 2023 which comprise statement of financial activities, statement of assets and liabilities and the related notes. Respective responsibilities of trustees and examiner As the charity's trustees you are responsible forthe preparation of the financial statements in accordance with the Charities Act (Northern Ireland) 2008. It is our responsibility to:. Examine the financial statement5 under section 65 of the Charities Act {NII 2008. Follow the procedures laid down in the general directions given by the Charity Commission for Northern Ireland under section 65{91{bl of the Charities Act INI) 2008. State whether particular matters have come to our attention. Basis of independent examiner's report We have examined your charityfinancial statements as required under section 65 of the Charities Act (Nll 2008 and our examination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under section 65191{bl of the Charities Act INI) 2008. The examination included a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also included consideration of any unusual items or disclosures in the financial statements and seeking explanations from you as charity trustees concerning any such matters. Our role is to state whether any material matters have come to our attention giving us cause to believe: l. That accounting recordswere not kept in accordance with section 63 of the Charities Act INI) 2008. 2. That the financial statements do not accord with those accounting records. 3. That the financial statements do not comply with the accounting requirements of the Charities Act (NI) 2008 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland. 4. That there is further information needed for a proper understanding of the financial statements to be reached. Independent examiner's statement We have completed our examination and have no concerns in respect of the matters {1) to141 listed above and, in connection with following the directions of the Charity Commission for Northern Ireland, we have found no matters that require drawing to your attention. Mrs Wendy Arnold Chartered Accountant C/0 8 Main Street Newtownstewart Co Tyrone BT78 4AA Chartered Accountant Dated: '2 10
an BADONEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2023 Note Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 Receipts Donations and legacies Charitable activities Other trad i ng activities Investment Income Other 24,318 470 6,193 11,130 30,511 11,600 30,316 5,534 781 727 781 731 711 399 26,296 17,327 43,623 36,960 Sale of Investments Sale of fixed assets Loans Received Total Receipts 26,296 17,327 43,623 36,960 Payments Raising funds Charita ble activities Investment costs Other 354 25,345 354 42,981 339 34,148 17,636 25,699 17,636 43,335 34,487 Purchase of Investments Purchase of fixed assets Loan Repayments Total Payments 25,699 17,636 43,335 34,487 Net receipts / (payments) Transfers between funds 597 {3271 1309} 327 288 2,473 Net movement in funds Funds brought forward 270 31,565 18 54,126 288 85,691 2,473 83,218 Funds carried forward 12 31,835 54,144 85,979 85,691 11
an BADONEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2023 Unrestricted Funds Restricted Endowment Funds Funds Total Funds 2023 Total Funds 2022 Funds Reconciliation Bank and Cash at start of year Net movement in funds Deduct non-cash/bank related endowment funds 31,565 270 54,126 18 85,691 288 83,218 2,473 Bank and Cash at end of year 31,835 54,144 85,979 85,691 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 25,000 60,979 85,691 85,979 85,691 Other Assets Fixed Assets - Note 10 Church Premises Fixtures, Fittings & Equipment Vehicle5 Investments- Note 11 Gift Aid receivable on donations 1,531,402 1,425,118 28,599 26,226 1,560,001 1,451,344 Liabilities Loans Other Approved b he Kirk Session at a meeting on and signed on its behalf by Mr E Allison Dated: É (M£LL Dated: B ao 12
an BADONEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2023 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total income of the congregation is less than £250,000 the congregation have elected in accordance with the provisions 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 first place. Restricted funds comprise {a} income from endowments which is to be expended only on the restricted purposes intended by the donor and Ibl revenue donations or 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 balance basis. Unrestricted funds 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. DONATIONS AND LEGACIES Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 Recorded giving Loose collections Donations and gifts Gift Aid Legacies and bequest 19,405 1,045 50 3,818 4,322 23,727 1,045 1,110 4,629 25,902 485 863 3,066 1,060 811 24,318 6,193 30,511 30,316 13
Presbyter an BADONEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {cont'd) 31 December 2023 CHARITABLE AcfiviTIES Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 Income from charitable activities Catering income Graveyard income Membership fees Grants 120 120 470 8,400 470 8,400 3,850 2,610 2,610 1,684 470 11,130 11,600 5,534 OTHER TRADING AcfiviTIES Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 Letting of premises Trading income INVESTMENT INCOME Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 Deposit interest General Investment Fund Rents investment properties Other investment income 233 471 77 233 471 77 149 489 73 781 781 711 14
an BADONEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {cont'd} 31 December 2023 OTHER INCOME Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 Insurance claims Other income 727 731 399 727 731 399 RAISING FUNDS Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 FWO envelopes Fundraising events 354 354 339 354 354 339 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 General Assembly Assessments Presbytery fees Ministry and support staff costs Congregational running expenses Donations to Missions and Charities Other Charitable cause Governance costs 14,115 176 3,410 7,644 14,115 176 3,410 15,507 4,673 13,687 177 3,126 12,144 5,014 7,863 4,673 5,100 5,100 25,345 17,636 42,981 34,148 15
an BADONEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {cont'd) 31 December 2023 OTHER EXPENDITURE Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 Other 10. FIXED ASSETS The congregation owns the church building at 37 Droit Road, Newtownstewart, Co Tyrone, BT78 4DS and the associated fixtures, fittings, plant and machinery which has an insurance value of £1,044,384. The congregation also owns the following properties, jointly with congregations of Corrick and Glenelly in the proportion 3:2:2 li.e, 3/7 share): Manse at 26 Plumbridge Road, Newtownstewart, Co Tyrone, BT78 4DA with an insurance value of £479,018. Manse field at Plumbridge Road, Newtownstewart which is approximately one acre with an estimated value of £8,000. 11. INVESTMENTS The congregation has the following investments which are shown at market valuation. 2023 2022 General Investment Fund Property 28,599 26,226 28,599 26,226 16
an BADONEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {cont'd) 31 December 2023 12. FUND BALANCES Fund Balance at start Receipts Payments Surplus / Transfer Balance at (Def icit) end Unrestricted Funds General Fund 31,565 26,296 25,699 597 {327) 31,835 31,565 26,296 25,699 597 (3271 31,835 Restricted Funds Missions and Charities Fund Graveyard Fund Property Fund Youth Fund PW Fund Bowling Club 156 15,209 35,967 2,520 274 3,310 8,600 1,927 2,610 760 120 9,773 4,636 801 1,622 804 16,463} 3,964 1,126 988 144) 120 6,327 20 19,173 32,093 2,628 230 15,0001 (8801 11201 54,126 17,327 17,636 {3091 327 54,144 Total 85,691 43,623 43,335 288 85,979 17