an
FIRST AHOGHILL CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND
STATEMEKf OF FINANCIAL AcfiviTY
For the year ended 31 December 2024
Note
Unrestrlcted
Funds
Restrlcted
Funds
Total Funds
2024
Totsl Funds
2023
Income and Endowments from:
Donatlons and le8acies
Charitable a¢tivities
Other trading activities
Investments
Other
Total
170,464
3.795
48
49
175,377
6.619
345,841
10.414
48
121
4,072
360,496
309,042
14,879
45
290
3,850
328,106
72
4.072
186,140
174.356
Exp*ndltur* on:
Ralslng funds
charltable activitles
Other
Tot•1
{i.iioi
1176,4441
ii.iioi
1300,8931
16,8961
13080991
51,597
11,0701
1253,3551
111,2931
1265,718)
62,388
1124,4491
16.8961
1131,3451
54,795
2,1771
52,618
(177.554)
{3.1981
2,177
(1,021)
Net Incomellexpenditurel
Transfers between funds
Net movement In funds
51,S97
62,388
Reconclllatlon of funds:
Total funds brought forward
Total funds carrled forward
16.114
15,093
3,403,256
3,455,874
3,419,370
3,470,967
3,356,982
3,419,370

an
FIRST AHOGHIiL CONGREGATION OF THE PRESBYtERIAN CHURCH IN IRELAND
BALANCE SHEET
As at 31 Deternber 2024
Note
Unrestrirted
Funds
Restricted
Fund$
Total Funds
2024
Total Funds
2023
Flxed Assets
Tanglble assets
Total flxed assets
12
790
790
3.630,140
3,630,140
3.630,930
3,630,930
3,645,477
3,645,477
Current Assets
Debtors
Cash at bank and in hand
Total current assets
13
14
5.729
10,014
15.743
7,436
87,988
95,424
13,165
98,002
111.167
5.753
243,915
249,668
Current LSabllitles
Creditors: amounts fallin8 due
withln one year
15
11.4401
159,6901
161,1301
1250,7751
Net Current Assets
14303
35.734
50,037
11,1071
Total Assets less Llabillties
15K193
3,665,874
3.680,967
3,644,370
Credltors: amounts falllng due after
more than one year
16
(210,L￿oI
1210,0001
1225.0001
Net As$ets
15,093
3AS5074
3,470,967
3,419,370
Funds of the charlty
Unrestrlcted Funds
Restricted Funds
Total funds of the charlty
17
17
15,093
15.093
3,455,874
3,470,967
16,114
3,403,256
3,419,370
3,455,874
3A55,874
15,093
Approved by the Kirk Session at a meeting 17 June 2025 and slqned on Its behalf by
Rev Mark Neil
Robert M
Trustee
Trustee

an
FIRST AHOGHILL CONGREGATION OF THE PRESBYfERIAN CHURCH IN IREiAND
NOTES TO THE ACCOUNTS
31 December 2024
Accountlft8 pollde$
BASIS OF FINANCIAL STATEMENTS
The financlal statements have beet) prepared Sn accordance with applicable accountlng stsndards. While compllance with
Statement of Recommended Practice Accounting and Reportlng by Charities IFRS1021 is not mandatory account of the
guidance contslned therein has been taken In the preparation of these accounts.
The flnancial statÈments have been prepared under the hlstorlcal cost conventkin except for investment assets, which ore
shown at market value. The financial statements include all transactions, assets. and liabilities for whlch the congregation
is responslble in law. They do not include the account5 of church 8roup5 that owe thelr affiliation to another body, nor
those that are inforrnal gatherings of church members.
FUND ACCOUNnNG
Endowment funds are funds. the capftal of whith must be retalned either permanently or at the con8regatlon's discretion:
thÈ income derfved frorn the endowment is to be used either as restrlcted or unrestritted income funds depending upon
the purpose for whlch the endowment was established In the flrst place.
Restricted funds comprlse lal incorne from endowments whlch Is to be expended only on the restrlcted purposes Intended
by the dortor and Ibl revenue donations or grants for a speciflc con8re8atlonal artlvlty Intended by the donor. Where these
funds have unspent bèlances, Interest on their pooled Investment is apportioned to the Indlvldual funds on an average
basls.
Unrestricted funds are income funds whlch are to be spent on the con8re8atlon's general purposes. Deslgnated funds are
general funds set aslde by the con8regation for use in the future.
INCOMING RESOURCES
Reco8nltlon of Incomln8 resources
These are included In the Ststement of Flnanclal Actfvltles1SoFA) when:
The congregatlon becomes entitled to the resources;
The trustees are virtually certain they will recefve the resources: and
The monetary value can be measured with sufficlent reliably.
Incomln8 resources wlth related expenditure
Where incomiftg resources have related expendItU￿ las with fundrallng Income) the incoming resources and related
expenditure are reporte(i gross in the SOFA.
Grants and donatlons
Grants and donations arÈ only Included In the SOFA when the congre6atlon has uncondltional entltlement to the re50urce5.
Tax reclalms on donations and glfts
Incomin8 resources from tax reclaims are Included In the SOFA at the same tlme as the glft to whlch they relate.
Contrartual Income and performance related gTrnts
Thls Is only included in the SOFA once the related goods or SerV￿eS have been delivered.
Gifts In klnd
Glfts In klnd are attounted for at a reasonablÈ Èstimate of their value to the charity or the amount artually realised. Gifts in
klnd for sale or di5tributlon are Included in the accounts a5 8ifts only vthen sold or distributed by the charlty. Glfts in klnd for
use by the charlty are Included in the SOFA as Incoming resources when receivable.
io

an
FIRST AHOGHILL CONGREGATION OF THE PRESBYfERIAN CHURCH IN IAELAND
NOTES TO THE ACCOUNTS {conVdJ
31 De￿rnber 2024
Donated service5 and facllftles
These are only included in Incoming re50urce5 Iwtth an equivalent amount in resources expended) where the benefit to the
charity is ￿Os0nabFY quantifiable. rnea5urable, and material. Tr value placed on these resources is the estimated value to
the charlty 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 trustee< annual report.
InvÈstment Income
Thls Is Included in the accounts when receivable.
Investment gains and losses
This includes any galn or loss on the sale of Investments and any galn or loss resuftlng from revaluln8 investments to market
value at the end of the year.
EXPENDITURE AND IIABIIITIES
Liability r•co8nltlon
Llabllltles are recognised as soon as there Is a le8al or con5trurtlve obllgatlon commbttin8 the con8re8atlon to pay out
resources,
Governan￿ costs
These include costs of the preparation and examlnatlon of ststutory accounts, the costs of trustee meetlngs and cost of any
legal advlce to trustees on governano or con5titutlonal matters.
Grant$ with performance condltlons
Where the charlty glves a grart with ¢ondition5 for Its payment belng a speclflc level of service or output to be provlded,
such gr3nts are only recognlsed In the SOFA once the recipient of the grant ha5 provlded the 5peclfled servlce or output.
Grants payable wlthout performanc• condltlons
These are only recognised In the accounts when a commltment has been made and there are no condition5 to be met relatlng
to the grant whl¢h remain in the control of the charity.
Support COSts
Support costs include central funrtlons and have been allocated to actlvltycost categorles on a basis consistent with the use
of resources, e.g., allocating property cots by floor a￿a$. or per capits. staff costs by the tlme spent and other costs by their
usage.
A55ETS
Tanglble Flxed Assets
Tanglble flxed assets for use by charity. These are capttalised If they can be used for more than one year, and cost at least
£5,000. They are valued at cost or, If gifted, at the value to the charity on recelpt.
Details of hlstorical costs of the bLsildings is not available. All buildings have been included in the balance sheet at valuatlDn.
No depreciation ha5 been provided on these assets as the Current estlmated resldual value Is not less than the carrying value
nd the remaining useful life exceeds 50 years.
11

an
FIRST AHOGHILL CONGREGATION OF THE PRES8YtERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {ConVd)
DONATIONS AND LEGACIES
Unrestri¢ted Funds
Restricted Funds
Total Funds
2024
Totsl Funds
2023
Recorded giving
Loose collectlons
Oonations and gifts
Glft Aid
Legacies and bequest
142.098
9.871
497
17,998
134,198
5,770
15,009
20,41Y)
276,296
15.641
15,506
38,398
251,768
12,088
8,959
36.227
170864
175.377
345,841
309,042
CHARITABLE ACTIVITIES
Unrestrlrted Funds
Restiltted Funds
Total Funds
2024
Total Funds
2023
Income from charltable actbvities
Income from publlcatlons
3,675
120
S,522
1,097
6,619
9,197
1,217
IOA14
12,895
1,984
14,879
3.795
OTHER TRADING ACTIVITIES
Unrestrlcted Funds
Restrkted Funds
Total Funds
2024
Total Funds
2023
Rentsl Income
48
45
45
INVESTMENT INCOME
Unrestrlcted Funds
R•strlcted Funds
Total Funds
2024
Total Funds
2023
Interest recelved
49
49
72
72
121
290
290
121
OTHER INCOME
Unrestrlcted Funds
Restrirted Fund5
Total Funds
2024
Total Fund5
2023
Miscellaneous income
Grant Income
320
3.530
3,850
4.072
4,072
4,072
4,072
12

an
FIRST AHOGHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (Cont'd)
RA151NG FUNDS
Unre5trirted Funds
Restrlcted Funds
Total Funds
2024
Total Funds
2023
Envelopes
I,iio
i.iio
i.iio
I,iio
1.070
1,070
CHARITABLE ACTivrrES
Unrestrlrted Funds
RÈstrlcted Funds
Total Funds
2024
Total Funds
2023
General A55embly Assessments
Presbytery fees
Mlnlstry and support staff costs
Congregatlonal running expenses
Donations to Mlsslons and tharities
Governance costs
Events and caterlng expenses
Stationery and teachlng materials
16,152
623
113,349
29,967
350
1.680
8,618
5.705
176.444
16,152
623
113,349
117,273
37,286
1,753
8,752
S.705
300,893
14,804
667
103,227
74,264
42,136
1,509
9,185
7,563
253,355
87,306
36.936
73
134
124A49
OTHER EXPENDITURE
Unrestrlcted Fund5
Restrlrted Funds
Total Funds
2024
Totsl Funds
2023
Loan Interest
6,896
6,896
6,896
6,896
11,293
11,293
13

an
FIRST AHOGHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (Cont'd)
10. EMPLOYEES
Employment tosts
2024
2023
Wages and Salarle5
Social Securlty Costs
Pension contrlbutlons
32,984
29,334
766
681
Number of employees
The average number of employees durin8 the year was
2024
No
2023
No
Avefage numberofemployees
There were no employees In recelpt ot employee beneflts In excess of £60,000.
The minister of the con8regatlon Ss employed by the PresbytÈrlan Church in Ireland which is a separate charity which has
not been reflected In the employee costs above.
The congregation pays an assessment to the Presbyterian Church In Ireland for the minister.
Ther followlng payments were made during the year:
2024
2023
Wages and Salarles
Soclal Security Costs
Penslon contrlbutions
44,100
5,801
10.584
42,000
5,534
10,080
11. PENSION COSTS
The mlnlster of the congre8ation is a member of the Pre5byterlan Church In Ireland Pension Scheme {20091. Th1515
scheme operated by the Presbyterian Chljrch In IrelarNI, a separate re8lstered charity. The congregatlon pays an
a5se5sment to the Presbyterian Church In Ireland equlvalent to the employerf5 pension contribution for the Scheme and
based on the stipend paid to the minister. The Presbyterian Church In Ireland Pension Scheme120091 is a funded Scheme
of the deflned benefit type, providing defined benefits based on career average revèlued salary. ThÈ Scheme has assets
held In a sepaiately administered fund managed by a board of Trustees. The Presbyterlan Church and the scheme Trustee5
have agreed a fynding plan to ensuie the Scheme is sufflciently funded to meet current and future obli8ations. A formal
schedule of contribution5 was drawn up on 25 November 2015 whereby the Presbyterian Church agreed to pay from 31
December 2015 contrlbutlons of 24% of pensionable salarles to cover the accrual of benefits for future service, expenses,
the cost of InsurlnE death in service beneflts and fundlng the scheme deflcit.
The contributlons made by the congregation duringthe year were:
Total Fund5 2024
Total Funds 2023
Contributions
10,584
10,080
14

an
FIRsf AHOGHILL CONGREGATION OF THE PRESBYtERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNT5 {ConVd)
12. TANGIBLE FIXED ASSETS
Land and Bulldin2S
Equipment
Total
Cost or Valuation
As at ljanuary 2024
Addltlons
Dlsposals
As at 31 Detember 2024
3,500,CK)O
221.285
3.721.285
3,500,0(XI
221,285
3,721,285
Accumulated depreclatlon
As at l January 2024
Charge for the year
Released on dlsposal
As at 31 December 2024
75,808
14.548
75,808
14,548
90.3S6
90,356
Net book value
As at 31 December 2024
3,500,000
130.9Z9
3,630,930
As at 31 December 2023
3,500,000
145,477
3.645,477
13. DEBTORS
2024
2023
Gift Ald Recoverable
13.165
13.165
5,753
5,753
14. CASH AT 8ANK AND IN HAND
2024
2023
General Account
Property Account
Ollve Branch Account
Missionary & Outreach Account
PW Account
YA8 Account
BB Account
GBAccount
First for Care Account
22,102
61,232
26,307
198,824
1,359
6,899
1,435
4,507
1.505
2.827
252
243,915
6,520
1,248
2,014
3,074
1012
98,002
15

an
FIRST AHOGHILL CONGREGATION OF THE PRES8YfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNT5 {ConVd)
15. CREDITORS: AMOUNTS FAILING DUE WITHIN ONE YEAR
2024
2023
Other Credltors
Accruals
Bank Loan
1,018
1,440
58,672
61,130
5.007
1.940
243,828
250,775
16. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024
2023
Interest free loan
210,000
210.000
225,000
225,000
17. FUND BALANCES
Unfestrlrted Funds
2024
2023
General fund
15,093
15,093
16,114
16,114
Restrlrted Funds
2024
2023
Property Fund
Ollve Branch
Misslonary & Outreach
United Appeal
Chlldren and orphan's soclety
3,428,IS4
3,375,582
1,359
7,575
7,524
7,703
7,729
1,4ZO
3￿45
2.128
3.081
I￿14
3N55,874
1,582
4.927
1.624
2,831
252
3,403,256
YA8
BB
G8
Flrst for Care
16

an
FIRST AHOGHILL CONGREGATION OF THE PRESBYtERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS Iconvdl
Reeonciliatlon of M0￿ment offunds
Opening
balan
Income
Expendlture
Transfer
Closlng balance
Unrestrlrted Funds
Maln Fund
16.114
16.114
174,356
174.356
(177,5541
1177,554)
2,177
2,177
15,093
15,093
Restrlcted Funds
Property Fund
Olfve 8ranch
Mission & Outreach
Unlted Appeal
Chlldren & Orphans
pw
YAB
BB
GB
Flrst for Care
3.375.582
1.359
7,575
7.524
121.874
629
27.725
10.429
1,018
6,819
5,323
4.175
5.630
2,518
186.140
{69.3021
11,0661
{26.3421
{10,2241
11,0181
(6,9811
16,4051
(3,6711
{S,3801
1956)
1131.345)
3,428,154
19221
11.2551
7,703
7.729
1,582
4.927
1,624
2,831
252
1,420
3,84S
2,128
3,081
1,814
3N55,874
3A03,256
{2,177)
Total
3A19,370
360A96
1308.899)
3,470,967
18. Related Party Transartlons
Rev Mark Nelllyls a Trustee and recelved remuneratlon of £44.100 (2023: £42.0001 and pen51on contrlbutlons of £10,584
12023.. £10,080) through PCI wlth £IO,81712023- £9,222) expenses beln8 paid by the church.
17