Waterside Presbyterian Church a congregation of the
Presbyterian Church in Ireland
Trustees Annual Report and Financial Statements
for the year ended 31 December 2023
Reglstered with the Charlty Commis51on for Northern Ireland NIC105611

WATERSIDE PRESBYfERIAN CHURCH CONGREGATION OF THE PREsBYfERIAN CHURCH IN
IRELAND
TRUSTEES, ANNUAL REPORT
The Trustees present their Annual Report and Financial Statements for the year ended 31
December 2023 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 INIC105611)
CHARITY TRUSTEES
The Charity Trustees who served 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
Clerk of Session
Rev. Richard R Tregaskis, B.Sc., B.D.
Mr William A Mcllwaine, BA., DASE
Treasurer
Mrs Hilary Mcclintock, B.Sc

WATERSIDE PRESBYTERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN 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
Mccay Legal
l Limavady Road
Londonderry
BT47 6JU

WATERSIDE PRESBYTERIAN 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 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 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-off icio rnembers 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 seven occasions under
the Convenorship of Rev Richard Tregaskis.
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 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 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 each congregation.

WATERSIDE PRESBYTERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN 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 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 rnembersto 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 community 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 PRESBYTERIAN CHURCH IN
IRELAND
TRUSTEES, ANNUAL REPORT (convd)
ACTIVITIES AND OBJECTIVES
The congregation meets for worship every Sunday. The Sacrament of the Lord's Supper was
observed in May and October 2023 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
congre8ation 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
Thursday Club
ACHIEVEMENTS AND PERFORMANCE
Worship and prayer
Worship each Sunday allows face to face fellowship and the coming together to worship
God.
At 31 December 2023 there were 133 communicant members and 149 families connected
with the congregation.
The average weekly attendance at morning worship was 69.
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 Iconvd).
Misslon and outreach
The number of Ukrainian families continues to grow. The church and individuals within the
congregation continue to offer support in a variety of ways including providing
accommodation, furniture, heating oil, clothing and arranging schools for their children. Bv
the end of the year the Ukrainian congregation consists of 12 families comprising 29 adults
and 16 children and young people. 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 basi5 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 deployment 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 ministry 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
2023.

WATERSIDE PRESBYTERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN CHURCH IN
IRELAND
TRUSTEES, ANNUAL REPORT (cont'd)
Organisations
The Sunday School meets each week during the morning service with a dual language
approach to facilitate our mixed nationalities. We have a team of Ukrainian ladies and
teenagers who volunteer on a rota basis to assist with the language issues.
The PW group meets on the first Monday of each rnonth from September to April with a range
of guest speakers. Their theme for the year was Be transformed. There was an average
attendance each month of twenty two.
The Midweek Bible Study met each Wednesday and benefited from an in depth study of
various book of the bible as well as praying for the ongoing work of the church at home and
abroad.
Bowling and Recreational Club did not meet during 2023.
The Boys, Brigade (6th Londonderry Company) consists of three sections- 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. By means of
a variety of activities they seek to promote their motto of Advancing Christ's Kingdom among
Boys"
The Waterside Walking Group enjoyed several walks and visits during the year to Culmore,
Greencastle, Colman's Garden Centre, Templepatrick, Carrickfergus Castle, St Columbs
Cathedral and the city historic walls.
During the year the Youth Committee organised a number of events including a Beetle
drive, a church excursion to Castlerock, outing to a garden centre in Ballyclare and a puppet
show in the church.
The Thursday Club commenced on 7th September 2023 to offer a range of activities
including indoor bowls, table tennis, pool, quizzes, table top games and craft activities. This
has proven to be an effective way of reaching out to our own church members and beyond.
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 congregatlons 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 off ice or ernployment. 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 othersecular organisations, charities and individual members of the public.
The Kirk Session has had regard to the Charity Commissions public benefit requirement
statutory guidance.

WATERSIDE PRESBYTERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN
IRELAND
TRUSTEES, ANN UAL REPORT (cont'd)
FINANCIAL REVIEW
The congregation's main source of income is members. contributions through the Weekly
Freewill Offering. There were 121 contributors during the year {132 during the previous year,
2022) donating a total of £62,734 {£61,019 in previous year, 2022).
Total Income for the year was £112,580 compared to £103.044 in the previous year. This
included insurance monies in relation to heating repairs of £7,980.
Total expenditure increased from £77,523 to £99,647. This increase was mainly due to
additional repair works required in the Church.
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 suff icient resources at
the date of approval of these financial statements to meet commitments which will arise 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. It is the policy of the Trustees to hold
at least three month's normal expenditure. At the year end, unrestricted reserves were
£420,355 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 64{3) 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 PRESBYTERIAN CHURCH IN
IRELAND
TRUSTEES, ANNUAL REPORT (convd)
For the year ended 31 December 2023
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 Recornmended Practice "Accounting and Reporting
by Charities (l 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.
th
Approved by the Kirk Session at a meeting on 11 March 2024 and signed on its behalf by
Rev. Richard Tregaskis (Convenor)
William A. Mcllwaine (Clerk of Session)
10

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF WATERSIDE PRESBYfERIAN
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 2023.
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 Commission
under section 65(9)(b) of the Charities Act
State whether particular matters have come to our attention.
Basi5 of independent examinels 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)Ib> 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
Act
2. That the financial statements do not accord with those accounting records
3. That the financial staternents 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 matters (1> 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 (Nl)
Chartered Accountants
th
Date: 11 March 2024
21123 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 2023
Income and Endowments
from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Other Income
46.049
705
5.244
3,831
41,348
1,400
6,011
12
7,980
87,397
2,105
11,255
3,843
7,980
47,754 40,209
647
1,600
5,244
6,010
1,571
87,963
2,247
11,254
1,580
Total
55,829
56,751 112,580
55,216 47,828 103,044
Expenditure on:
Raising fund5
Cha ritable activities
Other
425
23,701
15.131
425
75.678
23,544
354
23,823 36,575
9,959
6,812
354
60,398
16,771
51,977
8,413
Total
39,257
60,390
99,647
34,136 43,387
77,523
Net Income / (expenditure)
16,572
(3,639)
12,933
21,080
4,441
25,521
Transfers between funds
(751)
751
966
(966)
Net movement In funds
15.821
(2,888)
12,933
22,046
3,475
25,521
Reconciliation of funds:
Total funds brought
forward
404,534
97,950 502.484 382,488 94,475 476,963
Total funds carried forward
420,355
95.062 515.417 404,534 97,950 502,484
12

WATERSIDE PRESBYTERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN
IRELAND
BALANCE SHEEr
As at 31 December 2023
Current assets
Cash at bank and in hand
11 420,35S 95.062
515,417
502,484
Total current assets
420,355 95,062
515,417
502,484
Total net assets
420,355 95,062
515.417 502,484
Funds of the charlty
Restricted income funds
.12
95.062
95,062
97,950
Unrestricted funds
12 420,355
420,355
405,534
Total charity funds
420.355 95,062
515,417
502,484
th
Approved by the Kirk Session at a meeting on 11 March 2024 and signed on its behalf by:
Rev. Richard Tregaskis
William A. Mcllwaine
(Convenor)
(Clerk of Session}
13

NOTESTO THE ACCOUNTS
31 December 2023
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
IFRS102) (effective l January 2015).
The financial 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, nor those
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 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 (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 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.
14

NOTES TO THE ACCOUNTS
31 December 2023
ACCOUNTING POLICIES (convd)
INCOMING RESOURCES
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.
(li) Incomlng 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 donatlons
Grants and donations are only included in the SOFA when the congregation has unconditional
entitlement to the resources.
(Iv) Tax reclalms on donations and gifts
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) Glfts 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.
(vll) 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 estirnated value to the charity of the
service or facility received.
15

NOTES TO THE ACCOUNTS
31 December 2023
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 investments to market value at the end of the year.
EXPENDITURE AND LIABILITIES
(xl) Llablllty recognltlon
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.
(xiii) 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 serrfice or output.
(xiv) Grants payable without performance 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 (convd)
31 December 2023
DONATIONS AND LEGACIES
Recorded giving:
Loose collections
Donations and gifts
Gift Aid
39.817
1.630
250 37,127
5,982
2,591
41,447
37,377
8,573
41,571
37,170
9,222
46.049 41.348
87,397
87,963
For the year ended 310ecember 2022
47,754 40,209
CHARITABLE ACTIVITIES
Subscriptions
Grants
705
705
1,400
647
1,600
1,400
705
1,400
2,105
2,247
For the year ended 31 December 2022
647
1,600
17

NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
OTHER TRADING ACTIVITIES
Rental Income
5,244
6,011
11.255 11,254
5.244
6,011
11,255 11,254
For the year ended 31 December 2022
5,244
6,010
INVESTMENTS
Bank and Deposit interest
3,831
12
3,843
1,580
3.831
12
3.843
1,580
For the year ended 31 December 2022
1,571
18

NOTES TO THE ACCOUNTS (convd)
31 December 2023
OTHER INCOME
Insurance monies
7,980
7,980
7,980
7,980
For the year ended 31 December 2022
RAISING FUNDS
FWO envelopes
425
425
354
425
425
354
For the year ended 31 December 2022
354
19

NOTE5 TO THE ACCOUNTS Iconvd)
31 December 2023
CHARITABLE ACTIVITIES
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Congregational running
expenses
Donations to Missions and
charities
5,334
672
8,141
6,966 37,473
5,334
672
8,141
44,439
5,099
648
7,976
31,255
2,588 14,504
17,092
15,420
23,701 51,977
75,678
60,398
For the year ended 31 December 2022
23,823 36,575
OTHER EXPENDITURE
Administration expenses
Sundry expenses
5,534
9,597
8,110
303
13,644 11,662
9,900
5,109
15,131
8,413
23,544 16,771
For the year ended 31 December 2022
9,959
6,812
20

NOTES TO THE ACCOUNTS {conVd)
31 December 2023
10. EMPLOYEES
Employment Costs
Wages and Salaries
Social Security Costs
1,460
90
1,640
190
1,550
1,830
Number of Employees
The average number of employees during the year was
Average number of employees
There were no employees in receipt of employee benefits in excess of £60,000.
21

NOTES TO THE ACCOUNTS (conVd}
31 December 2023
11. CASH AT BANK AND IN HAND
2023
2022
Danske No. l account
Progressive Building Society
Danske Fabric Fund
Sunday School
120.284 107,503
300,071 297,031
83,169
86,272
838
961
1,616
1,090
1,246
1,236
4,309
4,796
2,725
2,591
1,007
1,004
152
Charlie Mccay Bursary
Boys Brigade
Youth Council
Bowls and recreation
Thursday Club
515,417 502,484
22

NOTES TO THE ACCOUNTS (convd)
31 December 2023
12. FUND BALANCES AND RECONCIUATION OF FUNDS
Funds
Total
Funds
2022
Income
Expend. Transfer
In/lOut)
Total
Funds
2023
Unrestricted Funds
General Fund
Progressive
107,503
297,031
56.693
3,040
39,029
(4,883) 120,284
300,071
404,534
59,733
39,029
(4,883) 420,355
Restrirted Funds
Property/Building Fund
United Appeal
Earl Haig
World Development
Moderators Appeal
Children's Society
Tearfund
Sunday School
86,272
31,645
5,723
152
755
1,003
1,055
1,065
51
4,216
5,692
50
1,197
37,339
6,678
250
755
1,003
1,325
1,195
174
3,689
7,019
40
1,064
2,591
955
98
83,169
270
130
961
1,090
4,796
1,236
2,591
1,004
838
1,617
4,308
1,246
2,724
1,007
153
Boys Brigade
Charlie Mccay Bursary
Youth Council
Recreation Club
Thursday Club
839
239
86
97,950
52,846
60,617
4,883
95,062
13.
RELATED PARTY TRANSACTION
None of the Trustees (or any persons connected with thern) 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:
£5,334 for congregational assessments
£6,678 towards the United Appeal
£755 toward the World Development Appeal
The congregation contributed £672 towards Presbytery Assessments during the year.
There were no other related party transactions.
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