Waterside Presbyterian Church a congregation of the
Presbyterian Church in Ireland
Trustees Annual Report and Financial Statements
for the year ended 31 December 2022
Registered with the Charity Commission for Northern Ireland NIC105611

WATERSIDE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN
IREIAND
TRUSTEES, ANNUAL REPORT
The Trustees present their Annual Report and Financial Statements for the year ended 31
December 2022 including a Balance Sheet as at that date.
REFERENCE AND ADMINISTRATIVE DETAILS
Waterside congregation of the Presbyterian Church in Ireland
Clooney Terrace, Londonderry BT47 6AR
Registered Charity in Northern Ireland (NIC105611}
CHARITY TRUSTEES
The Charity Trustees who senied during the year or who were trustees at the date of this
report were.
Mr John Allen
Mr James Mccarter
Mr Don Mcclay
Mr William Mcllwaine
Mr David Walker
Mr Mitchell Caldwell
Dr Colin Hamilton
Mr Morris Mccarter
Mrs Hilary Mcclintock
PRINCIPAL OFFICE BEARERS
Convenor
Rev. Gordon Mccracken (January to June)
Rev. Richard Tregaskis (July to December)
Clerk of Session
Mr William A. Mcllwaine, BA., DASE
Treasurer
Mrs Hilary Mcclintock, Bsc

WATERSIDE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN
IRELAND
TRUSTEES, ANNUAL REPORT (CONT'D)
INDEPENDENT EXAMINER
Moore (Nl) LLP
21/23 Clarendon Street
Londonderry
BT48 7EP
BANKERS
Danske Bank
27 Glenshane Road
Londonderry
BT47 2LN
Progressive Building Society
3 Millennium Forum
Newmarket Street
Londonderry
BT47 6EB
SOLICITORS
A D Mcclay & Co
l Limavady Road
Londonderry
BT47 6JU

WATERSIDE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN
IRELAND
TRUSTEES, ANNUAL REPORT (convd)
STRUCTURE AND MANAGEMENT
The Kirk Session
The charity trustees of the congregation are the rnembers 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 connetted with any congregation
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 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 members 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 the
Moderator and the ministers in active duty in the congregation who have no deliberative but
only a casting vote. During the past year the Kirk Session has met on eight occasions under
the leadership of our Convenors.
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 Presbvcerian Church in Ireland forrn of governance the corporate oversight of a
congregation is the responsibility of a Presbytery which superintends generally the spiritual
and temporal affairs of the congregations assigned to it by the General Assembly of the
Presbyterian Church in Ireland. Waterside Presbyterian Church has been assigned to the Derry
& Donegal Presbytery of the Presbyterian Church in Ireland. The membership of the
Presbytery consists rnainly 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 each congregation.

WATERSIDE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN
IRELAND
TRUSTEES, ANNUAL REPORT (convd)
The General Assembly
The General Assembly isthe supreme court of the Church, representing in one bodythe 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
congregation, retired minsters and a representative elder appointed by the Kirk Session of
each congregation.
DESCRIPTION AND PURPOSE
Waterside 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 rnembers to play their part in fulfilling God's mission
to our world.
The congregation's mission purposes is bythe grace of God, to help people of all ages become
fully devoted followers of Jesus Christ. Our vision is, by the grace of God, to be an inclusive,
welcoming comrnunity of Christ's people of all ages, which:
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.

WATERSIDE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN
IRELAND
TRUSTEES, ANNUAL REPORT {conVd)
ACTIVITIES AN D OBJEcfivES
The congregation meets for worship every Sunday. The Sacrament of the Lord's Supper was
observed in May and October 2022 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 held midweek Bible study meetings and has a wide range of organisations
including.
Sunday School
Presbyterian Women
Midweek Bible Study
Choir
Bowling and Recreation Club
Boys, Brigade
Walking Group
ACHIEVEMENTS AND PERFORMANCE
Worship and prayer
Worship each Sunday allows face to face fellowship and the coming together to worshlp
God.
At 31 Decernber 2022 there were 147 communicant members and 152 families connected
with the congregation.
The average weekly attendance at morning worship was 57.
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, elders or by one of the congregation's pastoral
visitors. Some of these members receive CD'S of our morning services.

WATERSIDE PRESBYTERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN
IRELAND
TRUSTEES, ANNUAL REPORT (convd).
Mission and outreach
In September the congregation initially welcomed two families who are refugees from
Ukraine. The church and individuals within the congregation have supported them by
providing accommodation, furniture. heating oil and clothing and arranging schools for their
children. By the end of the year the congregation has supported five families comprising
nineteen adults and eleven children. The Ukrainians attend morning worship each week and
have fully integrated into the life of the church. The children are attending Sunday School and
the boys have joined the Boys Brigade.
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 denominational basis beyond what
the congregation could do on its own. The United Appeal Fund provides financial support for
mission personnel at home and overseas, assists congregations with the deployrnent of locally
based staff, enables church planting, provides grant support for the upkeep of church
premises, assist with the running costs of Union Theological College, the Church's training
college for rninistry students, and financially supports congregation in the areas of worship,
discipleship, global mission, outreach, leadership and pastoral care.
Presbytery
The congregation was represented at the regular meetings of Presbytery by our Convenors
and one of the elders. This provides an important link between the congregations and the
wider structures of the church.
General Assembly
The Convenor and one of our elders were nominated to attend the meeting of the General
Assembly of the Presbyterian Church in Ireland held in Assembly Buildings Belfast, in June
2022.

WATERSIDE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN CHURCH IN
IRELAND
TRUSTEES, ANNUAL REPORT (convd)
Organisations
The Sunday School meets each week duringthe morning service. There were thirteen children
and young people under fifteen years of age in the congregation until September. A further
eleven children then joined as the congregation welcomed families who are refugees from
Ukraine, the average attendance was six children. The Bible class for older teenagers meets
prior to the morning service.
The PW group meets on the first Monday of each month from Septemberto April with a range
of guest speakers. Their theme for the year was Side by Side. There was an average
attendance each month of eighteen.
The Midweek Bible Study met each Wednesday and benefited from an in depth study of the
book of James and also spent three months studying the life of Elijah. Those present each
week prayed for the ongoing work of the church at horne and abroad.
Bowling and Recreational Club did not meet during 2022.
th
The Boys, Brigade {6 Londonderry Company) consists of three settions- anchor boys, juniors
and company section. They meet in Lisneal College - anchor boys and juniors on a Tuesday
evening and the company section on a Friday evening from September to April. The anchor
boys have twenty seven boys on average in attendance whilst the other two sections have
thirteen and seven boys attending regularly. By means of a variety of activities they seek to
promote their motto of "Advancing Christ's Kingdom among Boys".
The Waterside Walking Group recommenced during 2022 with walks around Rathlin Island
and also along the old railway line to Foyle Valley Railway Station.
On the third Sunday of each month the church would organise a Fellowship Hour in the Irish
Street Community Centre. A variety of speakers are invited. This stopped after March 2020
due to Covid restrictions and has not yet recommenced.
During the year Youth Committee organised a number of events including a Circus Skills
workshop, a Gospel Music Night, an excursion to Portrush, a bus trip to the Antrim Coast
and a visit from Chocolate Manor.
Volunteers
The Trustees wish to acknowledge their deep appreciation of those who give freely of their
time by serving on committees and helping with organisations and other church activities.

WATERSIDE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN CHURCH IN
IRELAND
TRUSTEES, ANNUAL REPORT (convd)
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 as through 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 rnembers 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 orderto 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 othersecular organisations, charities and individual rnembers of the public.
The Kirk Session has had regard to the Charity Commissions public benefit requirement
statutory guidance.

WATERSIDE PRE5BYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN
IRELAND
TRUSTEES, ANNUAL REPORT (convd)
FINANCIAL REVIEW
The congregation's main source of income is members, contributions through the Weekly
Freewill Offering. There were 132 contributors during the year (134 during the previous year,
2021) donating a total of £61,019 (£67,854 in previous year, 2021).
Total Income for the year was £103,045 compared to £103,188 in the previous year.
Total expenditure increased from £63,703 to £77,524. This increase was mainly due to
activities returning to normal after Covid.
GOING CONCERN
The activities of the congregation are dependent on ongoing contributions from its
members. The Trustees are of the opinion that the congregation has sufficient resources at
the date of approval of these financial statements to meet commltments which will arlse In
the year from the date of signing this report and subject to the continuing support from
members to fund on an ongoing basis the congregation's current activities and other
financial commitments.
RESERVES POLICY
The Trustees have considered the level of unrestricted reserves that it is appropriate to hold
taking account of current and ongoing commitments. 5t is the policy of the Trustees to hold
at least three month's normal expenditure. At the year end, unrestricted reserves were
£404,534 which represents a higher level of reserves. The Trustees, however, consider it
prudent to hold reserves at this level as the funding of its present activities is dependent of
the ongoing financial support of members.
STATEMENT OF TRUSTEE RESPONSIBILITIES
The Trustees are responsible for preparing the Annual Report and the financial statements in
accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
As the Congregation's total income does not exceed £250,000, the Trustees have elected
under Section 6413) of the Charities Act (Northern Ireland) 2008 to prepare a receipts and
payment account and a statement of assets and liabilities.

WATERSIDE PRESBYfERIAN CHURCH CONGREGATION OF THE pRE5B￿ERIAN CHURCH IN
IRELAND
TRUSTEES, ANNUAL REPORT (convd)
For the year ended 31 December 2022
The Trustees are responsible for keeping adequate accounting records that are sufficient to
show and explain the funds transactions and disclose with reasonable accuracy at any time
the financial position of the congregations and enable them to ensure that the financial
statements comply with the Statement of Recommended Practice-Accounting and Reporting
by Charities11 January 2015)" 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 27th February 2023 and signed on its behalf by
Rev. Richard Tregaskis (Convenor)
William A. Mcllwaine (Clerk of Session)
io

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF WATERSIDE PRESBYTERIAN
CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
We report to the Trustees on our examination of the financial statements of Waterside
Presbyterian Church for the year ended 31 December 2022.
Respective responsibilities of charity trustees and examiner
As the Trustees of the Church you are responsible for the preparation of the financial
statements in accordance with the Charities Act (Northern Ireland) 2008. It is our
responsibility to:
Examine the accounts under section 65 of the Charities Act
Follow the procedures laid down in the general directions given by the Comrnission
under section 6519)(b) of the Charities Act
State whether particular matters have come to our attention.
Basis of independent examinerfs report
We have examined your Church's financial statements as required under section 65 of the
Charities Act and our examination was carried out in accordance with the general directions
given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities
Act.
Our 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 Church 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 records were not kept in accordance with section 63 of the Charities
Art
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
4. That there is further information needed for a proper understanding of the financial
statements to be reached.
Independent examinerfs statement
We have completed our examination and have no concerns in respect of the matters11) to
(4) listed above and, in connection with following the directions of the Charity Commission
for Northern Ireland, we have found no additional matters that require drawing to your
attention.
Moore (N
LLP
Chartered Accountants
Date.. 27th February 2023
21/23 Clarendon Street
Londonderry
BT48 7EP
11

WATERSIDE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN
IRELAND
STATEMENT OF FINANCIAL ACTIVITY
for the year ended 31 December 2022
Income and Endowments
from:
Donations and legacies
Charitable activities
Other trading activities
Investment5
Other Income
47,754
647
5,244
1,571
40,209
1.600
6.010
87,963
2,247
11.254
1,580
50,900 36,646
2,005
6,020
87,546
2,005
11,264
2,273
100
5,244
2,264
100
Total
55.216
47,828 103,044
58,408 44,780 103,188
Expenditure on:
Raising funds
Cha ritable activities
Other
354
23,823
9,959
354
60,398
16,771
551
18,953 33,046
6,532
4,621
551
51,999
11,153
36.575
6,812
Total
34.136
43,387
77,523
26,036 37,667
63,703
Net Income / (expenditure)
21.080
4.441
25.521
32,372
7,113
39,485
Transfers between funds
966
(966)
224
(224)
Net movement in funds
22,046
3,475
25,521
32,596
6,889
39,485
Reconciliation of funds:
Total funds brought
forward
382.488
94.475 476,963 349,892 87,586 437,478
Total funds carried forward
404.534
97,950 502,484 382,488 94,475 476,963
12

WATERSIDE PRESBYtERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN CHURCH IN
IRELAND
BALANCE SHEEr
As at 31 December 2022
Current assets
Cash at bank and in hand
12 404,534 97,950
502,484
476,963
Total current assets
404.534 97.950
502,484
476,963
Total net assets
404,534 97.950
502.484
476,963
Funds of the charity
Restricted income funds
.13
97,950
97.950
94,475
Unrestricted funds
13 404,534
405,534
382,488
Total charity funds
404.534 97,950
502,484
476,963
Approved by the Kirk Session at a meeting on 27 February 2023 and signed on its behalf
by:
Rev. Richard Tregaskis
William A. Mcllwaine
(Convenor)
(Clerk of Session}
13

NOTESTO THE ACCOUNTS
31 December 2022
ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
The financial statements have been prepared in accordance with Accounting and Reporting
by Charities: Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with Financial Reporting Standard applicable in the UK and Ireland
(FRS102) (effective l January 2015).
The flnancial statements have been prepared under the historical cost convention except for
investment assets, which are 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 accounts of church groups that owe their affiliation to another body, northose
that are informal gatherings of church members.
FUND ACCOUNTING
Endowment funds are funds, the capital of which must be retained either permanently or at
the congregation's discretion; the income derived frorn 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 (b) 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 bas1S.
Unrestricted funds are income fvnds 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,
14

NOTES TO THE ACCOUNTS
31 December 2022
ACCOUNTING POLICIES (convd)
INCOMING RESOURCES
(i)
Recognition of incoming resources
These are included in the Statement of Financial Activities (SOFA) when".
the congregation becomes entitled to the resources.
the trustees are virtually certain they will receive the resources: and
the monetary value can be measured reliably.
(11) Incoming resources with related expenditure
Where incoming resources have related expenditure (as with fundraising income) the
incoming resources and related expenditure are reported gross in the SOFA.
(iii) Grants and donations
Grants and donations are only included in the SOFA when the congregation has unconditional
entitlement to the resources.
(iv) Tax reclaims on donations and gift5
Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to
which they relate.
(v) Contractual income and performance related grants
This is only included in the SOFA once the related goods or services have been delivered.
(vi) Gifts in kind
Gifts in kind are accounted for at a 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 resources when receivable.
(vii) Donated services and facilities
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.
15

NOTES TO THE ACCOUNTS
31 December 2022
ACCOUNTING POLICIES (conVd}
(viii) Volunteer help
The value of any voluntary help received is not included in the accounts but is described in
the trustees, annual report.
(ix) Investment income
This is included in the accounts when receivable.
(x) Investment gains and losses
This includes any gain or loss on the sale of investments and any gain or loss resulting from
revaluing investment5 to market value at the end of the year.
EXPENDITURE AND LIABILITIES
(xi) Liability recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the
congregation to pay out resources.
(xii) Governance costs
These are shown within charitable activities and include the costs of preparation and
examination of accounts, the costs of trustee meetings and cost of any legal advice to trustees
on governance or constitutional matters.
(xlii) Grants wlth performance conditions
Where the charity gives a grant with conditions for its payment being a specific level of service
or output to be provided, such grants are only recognised in the SOFA once the recipient of
the grant has provided the specified sep4ice or output.
(xiv) Grants payable without perforrnance conditions
These are only recognised in the accounts when a commitment has been made and there are
no conditions to be met relating to the grant which remain in the control of the charity.
16

NOTES TO THE ACCOUNTS (conyd)
31 December 2022
DONATIONS AND LEGACIES
Recorded giving:
Loose collettions
Donations and gifts
Gift Aid
39,713
1,858
1,520 35,650
6,521
2.701
41,571
37.170
9,222
46,268
32,125
9,153
47,754 40.209
87.963
87,546
For the year ended 31 Decernber 2021
50,900 36,646
CHARITABLE AcfiviTIES
Subscriptions
Grants
647
647
1,600
1,600
2,005
647
1,600
2,247
2,005
For the year ended 31 Decernber 2021
2,005
17

NOTESTO THE ACCOUNTS (conyd)
31 December 2022
OTHER TRADING ACTIVITIES
Rental Income
5,244
6.010
11.254 11,264
5,244
6,010
11,254 11,264
For the year ended 31 December 2021
5,244
6,020
INVESTMENTS
Bank and Deposit interest
1,571
1,580
2,273
1,571
1,580
2,273
For the year ended 31 December 2021
2,264
18

NOTES TO THE ACCOUNTS (convd)
31 December 2022
OTHER INCOME
Sale of old sound system
100
100
For the year ended 310ecember 2021
100
RAISING FUNDS
FWO envelopes
354
3S4
551
354
354
551
For the year ended 31 December 2021
551
19

NOTES TO THE ACCOUNTS (convd)
31 December 2022
CHARITABLE ACTIVITIES
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Congregational running
expenses
Donations to Missions and
cha rities
5,099
5,099
6,296
648
7,082
25,791
7,976
8.926 22,329
7,976
31,255
1,174 14,246
15,420
12,182
23,823 36,575
60,398
51,999
For the year ended 31 December 2021
18,953 33,046
OTHER EXPENDITURE
Administration expenses
Sundry expenses
5,101
4,858
6,561
251
11,662
5,109
8,643
2,510
9.959
6,812
16,771 11,153
For the year ended 31 Decernber 2021
6,532
4,621
20

NOTESTO THE ACCOUNTS (convd)
31 December 2022
10. EMPLOYEES
Employment Costs
Wages and Salaries
Social Security Costs
1,640
190
910
140
1,830
1,050
Number of Employees
The average number of employees during the year was
Average number of employees
There were no ernployees in receipt of employee benefits in excess of £60,000.
21

NOTES TO THE ACCOUNTS (conyd)
31 December 2022
11.
PENSION COSTS
The minister of the congregation is a member of the Presbyterian Church in Ireland Pension
Scheme12009). This is a scherne operated by the Presbyterian Church in Ireland, a separate
registered charity. The congregation pays an as5essmentto the Presbyterian Church in Ireland
equivalent to the employerfs pension contribution for the Scheme 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 Scheme is sufficiently funded to rneet 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 240/0 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 was £nil12021- £nil).
The Minister of the congregation resigned on 13 December 2019 and therefore no
contributions were made in the year. The position rernained vacant during 2022.
12. CASH AT BANK AND IN HAND
2022
2021
Danske No. l account
Progressive Building Society
Danske Fabric Fund
Sunday School
107,503
86,509
297,031 295,979
86,272
82,733
961
1,053
1,090
1,194
1,236
1,215
4.796
4,680
2.591
2,596
1,004
1,004
Charlie Mccay Bursary
Boys Brigade
Youth Council
Bowls and recreation
502,484 476,963
22

NOTES TO THE ACCOUNTS (convd)
31 December 2022
13. FUND BALANCES AND RECONCILIATION OF FUNDS
Funds
Total
Funds
2021
Income
Expend. Transfer
In/(Out)
Total
Funds
2022
Unrestricted Funds
General Fund
Progressive
86,509
295,979
54,164
1,052
34,136
966 107,503
297,031
382,488
55.216
34.136
966 404.534
Restricted Funds
Property/Building Fund
United Appeal
Earl Haig
World Development
Moderators Appeal
Children's Society
UCB
Tearfund
Sunday School
82,733
27.015
5,454
208
470
1.865
1,200
20
1,455
51
2,620
5,382
51
2,037
22,110 (1,366)
5,454
208
470
1,865
1,200
20
1.455
143
2,724
5,666
30
2,042
86,272
1,053
1,194
4,680
1,215
2,596
1,004
961
1,090
4,796
1,236
2,591
1,004
Boys Brigade
Charlie Mccay Bursary
Youth Council
Recreation Club
400
94,475
47.828
43.387
(966)
97,950
14.
RELATED PARTY TRANSACTION
None of the Trustees (or any persons connetted with them) received any remuneration or
benefits from the Church during the year.
The congregation contributed the following amounts to Funds of the General Assembly of the
Presbyterian Church in Ireland, a separate charity".
£5,099 for congregational assessments
£5,883 towards the United Appeal
£470 toward the World Development Appeal
The congregation contributed £648 towards Presbytery Assessments during the year.
There were no other related party transartions.
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