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2024-10-31-accounts

TEMPLATE FINANCIAL STATEMENTS – RECEIPTS AND PAYMENTS ACCOUNT

These template financial statements have been prepared on behalf of the Finance Panel of the Support Services Committee of the General Council. They provide an outline of the format in which congregations electing to prepare Receipts and Payments Accounts should prepare their financial statements. Accounts prepared in accordance with this format are designed to be suitable for the purpose of filing accounts with the Charity Commission for Northern Ireland.

Please note that the congregations approved financial statements will need to be submitted to the Charity Commission in pdf format.

It is not possible to cover every situation in a set of template accounts and therefore congregations may wish to take their own professional advice if considered necessary.

Text that appears in these template accounts in red will need to be updated for the congregation’s circumstances.

Information to assist congregations in prepare their accounts is included in the supporting guidance note.

October 2022

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CASTLECAULFIELD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND

Trustees Annual Report and Financial Statements for the year ended 31 December 2024

Registered Charity in Northern Ireland (NIC105630)

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CASTLECAULFIELD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT

The Trustees present their Annual Report and Financial Statements for the year ended 31 December 2024 including a Statement of Assets and Liabilities as at that date.

REFERENCE AND ADMINISTRATIVE DETAILS

Castlecaulfield congregation of the Presbyterian Church in Ireland

Registered Charity in Northern Ireland (NIC105630)

CHARITY TRUSTEES

The Charity Trustees who served during the year or who were trustees at the date of this report were

Name Name Name (resigned on [enter date])

Name Name Name (appointed on [enter date])

PRINCIPAL OFFICE BEARERS

Minister Clerk of Session Treasurer

Reverend Mark Dodds David Devennie Andrew Patterson

INDEPENDENT EXAMINER

Alex Moore 11 Castleview Manor Castlecaulfield BT70 3DW

BANKERS First Trust Bank

SOLICITORS

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CASTLECAULFIELD 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 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 Sessions 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 that the Moderator, the ministers 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 superintends generally the spiritual and temporal affairs of the congregations assigned to it by the General Assembly of the Presbyterian Church in Ireland. Castlecaulfield congregation of the Presbyterian Church has been assigned to the Tyrone Presbytery of the Presbyterian Church in Ireland. The membership of the Presbytery consists mainly of the active ministers of congregations assigned to it by the General Assembly, minsters who have retired from active duty and an elder appointed by the Kirk Session of the congregation.

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CASTLECAULFIELD 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 congregation, 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.

Castlecaulfield 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 congregations mission purposes is [Enter your local mission statement e.g., by the 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:

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CASTLECAULFIELD CONGREGATION OF THE PRESBYTERIAN 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

ACHIEVEMENTS AND PERFORMANCE

Worship and prayer

The congregation normally meets for worship each Sunday at [e.g. 10.30am] and [6.30pm]. 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 we acknowledged God’s gift of new life at (no.] Sacraments of Baptism, we conducted [no.] marriage services and gave thanks for faithful services and sought to comfort those who had been bereaved during the year.

At 31 December 2022 there were 142 communicant members and 99 families connected with the congregations. The average week attendance at morning worship is 75

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.

Mission and outreach

At a local level the congregation …. [summarise the congregation’s local mission and outreach including and donations to external missions and agencies.

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CASTLECAULFIELD 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 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.

The congregation also contributes to the denominations annual World Development Appeal, Sunday School project and any other special appeals.

Presbytery

The congregation was 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 were nominated to attend the meeting of the General Assembly of the Presbyterian Church in Ireland held in Assembly Buildings, Belfast, in June.

Property

[Provide details of any major repairs or refurbishment projects during the year]

Organisations

[Provide a brief summary of the organisations and what they did during the year indicating where possible average attendances]

e.g. Each Wednesday our hall is used by our mothers and toddlers group. Fifteen children and their carers were regular attenders. During the summer the group organised two outings. In July, 20 children and their parents went for the day to Belfast Zoo and later in the holidays we had the hottest day of the year for our family outing to Newcastle.

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.

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CASTLECAULFIELD CONGREGATION OF THE PRESBYTERIAN 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 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 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.

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CASTLECAULFIELD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont’d)

FINANCIAL REVIEW

The congregation’s main source of income is members’ contributions through the Weekly Freewill Offering. There were 117 contributors during the year, 120 in the previous year, donating a total of £49,904 with £48,197 in previous year 2023.

Total Income of the congregation during the year was £189,596 compared to £96,084 in the previous year. This increase was primarily due to a bequest received of £88,248 during the year.

Total expenditure increased from £90,198 to £93,908 due to rise in staff costs and general price increases.

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 64(3) of the Charities Act (Northern Ireland) 208 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 [enter date] and signed on its behalf by

[Name] [Name] [Date] [Date]

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INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF CASTLECAULFIELD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND

(To be provided by the Independent Examiner)

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CASTLECAULFIELD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2024

Note Unrestricted Restricted Endowment Total Total
Funds Funds Funds 2024 2023
£ £ £ £ £
Receipts
Donations and legacies 2 62,386
121,913
-
184,299
90,636
Charitable activities 3 -41 2,442
-
2,401
3,360
Other trading activities 4 -
-
-
-
-
Investment Income 5 2,817
4,423 5,034
12,274
11,649
Other 6 505 -
-
505
204
---------- ---------- ---------- ---------- ----------
---------- ---------- ---------- ---------- ----------
Total Receipts 65,667
128,778
5,034
199,479
105,849
---------- ---------- ---------- ---------- ----------
Payments
Raising funds 7 290 145
-
435 435
Charitable activities 8 63,435
30,038
-
93,473
90,151
Investment costs
Other 9 -
-
-
-
-
---------- ---------- ---------- ---------- ----------
Purchase of Investments
Purchase of fixed assets -
-
-
-
-
Loan Repayments
---------- ---------- ---------- ---------- ----------
Total Payments ¤ 63,725
30,183
-
93908
90,586
---------- ---------- ---------- ---------- ----------
Net receipts / (payments) 15,263
Transfers between funds 1,942
98,595
5,034
105,571
---------- ---------- ---------- ---------- ----------
Net movement in funds
Funds brought forward 64,011
119,581
135,775
319,369
304,108
---------- --------- ---------- -------- ----------
Funds carried forward 12 65,953
218,176
140,809
424,940
319,369
====== ====== ====== ====== ======

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CASTLECAULFIELD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES

As at 31 December 2024

As at 31 December 2024
Unrestricted Restricted Endowment Total Funds Total Funds
Funds Funds Funds 2024 2023
£ £ £ £ £
Funds Reconciliation
Bank and Cash at start of year 64,011
119,582
135,776 319,369 304,107
Net movement in funds 1,942 98,602 5,034 105,577 15,263
---------- ---------- ---------- ---------- ----------
Bank and Cash at end of year 65,953
218,183
140,810 424,946 319,369
======- ======= ======= ======= =======
Bank & Cash Balances
Bank Deposit Accounts 84,085 80,939
Bank Current Accounts 200,051 102,654
GIF & Bequest Funds 140,810 135,775
---------- ----------
424,946 319,369
======= =======
Other Assets
Fixed Assets – Note 10
- Church Premises 617,403 617,403
- Manse 485,254 485,254
- Acheson Hall & 53/55 Main 888,399 888,399
Street
- Investments – Note 11 140,810 135,776
Gift Aid receivable on donations 15,000 15,000
---------- ----------
2,146,866 2,141,832
======= =======
Liabilities
Loans - -
Other
---------- ----------
¤ - -
======= =======

Approved by the Kirk Session at a meeting on and signed on its behalf by

[Name] [Name] [Date] [Date]

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CASTLECAULFIELD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS

31 December 2024

1. 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 (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.

2. DONATIONS AND LEGACIES

Unrestricted Restricted Endowment Total Total 2023
Funds Funds Funds 2024
£ £ £ £ £
Recorded giving:
Loose collections 1,015 990
-
2,005 2,362
Donations and gifts 51,349
115,049
-
166,398 73,187
Gift Aid 10,021
5,874
-
15,895 15,087
Legacies and bequest -
-
-
- -
---------- ---------- ---------- ---------- ----------
62,385
121,913
-
184,298 90,636
---------- ---------- ---------- ---------- ----------

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CASTLECAULFIELD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2024

3. CHARITABLE ACTIVITIES

Unrestricted Restricted Endowment Total 2024 Total 2023
Funds Funds Funds
£ £ £ £ £
Income from charitable activities:
Fees from weddings and funerals
-
0
- 0 200
Fundraising events
-41 1,889 - 1,848 2,680
Membership fees
-
664
- 553 664
Publications
-
-
- - -
---------- ---------- ---------- ---------- ----------
- 41
2,442 - 2,401 3,360
---------- ---------- ---------- ---------- ----------
4. OTHER TRADING ACTIVITIES
Unrestricted Restricted Endowment Total 2024 Total 2023
Funds Funds Funds
£ £ £ £ £
Letting of premises
-
-
- - -
Trading income
-
-
- - -
---------- ---------- ---------- ---------- ----------
-
-
- - -
---------- ---------- ---------- ---------- ----------
5. INVESTMENT INCOME
Unrestricted Restricted Endowment Total 2024 Total 2023
Funds Funds Funds
£ £ £ £ £
Deposit interest
1,135 3,712 - 4,847 928
General Investment Fund
1,681 711 5,034 2,392 10,721
---------- ---------- ---------- ---------- ----------
2,816
4,423 5,034 12,273 11,649
---------- ---------- ---------- ---------- ----------

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CASTLECAULFIELD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont’d)

31 December 2024

6. OTHER INCOME

Unrestricted Restricted Endowment Total Total
Funds Funds Funds 2024 2023
£ £ £ £ £
Graveyard Fees 500
-
- 500 200
NIE 5
-
- 5 4
---------- ---------- ---------- ---------- ----------
505 -
- 505 204
---------- ---------- ---------- ---------- ----------
7. RAISING FUNDS
Unrestricted Restricted Endowment Total 2024 Total 2023
Funds Funds Funds
£ £ £ £ £
FWO envelopes 290 145
- 435 435
---------- ---------- ---------- ---------- ----------
290
145 435 435
---------- ---------- ---------- ---------- ----------
8. CHARITABLE ACTIVITIES
Unrestricted Restricted Endowment Total 2024 Total 2023
Funds Funds Funds
£ £ £ £ £
General Assembly Assessments 11,427
-
- 11,427 10,866
Presbytery fees 409 -
- 409 348
Ministry and support staff costs 38,666
6,940
- 45,606 44,838
Congregational running expenses 12,933
14,584
- 27,517 24,501
Donations to Missions and charities -
8,514
- 8,514 9,588
Publications -
-
- 0 10
--------- ---------- ---------- ---------- ----------
63,435
30,038
- 93,473 90,151
---------- ---------- ---------- ---------- ----------

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CASTLECAULFIELD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont’d)

31 December 2024

9. OTHER EXPENDITURE

Unrestricted Restricted Endowment Total 2021 Total 2020
Funds Funds Funds
£ £ £ £ £
Property Purchase -
-
- - -
---------- ---------- ---------- ---------- ----------
-
---------- ---------- ---------- ---------- ----------

10. FIXED ASSETS

The congregation owns the Church premises situated at 54 Main Street Castlecaulfield, Acheson Hall situated at Main Street Castlecaulfield and the Manse situated at 11 Drumreany Road Castlecaulfield and the associated fixtures, fittings, plant and machinery. In 2018 the property located at 53-55 Main Street Castlecaulfield has also been purchased. These have an insurance value of £1, 891,053.

11. INVESTMENTS

The congregation has the following investments. Amounts are shown at market valuation.

2024 2023
£ £
General Investment Fund 111,516
106,482
Other investments (Ulster & 29,294
29,294
Progressive Bequests Accounts)
---------- ----------
140,810
135,776
---------- ----------

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CASTLECAULFIELD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont’d) 31 December 2024

12. FUND BALANCES

Fund Balance at Receipts Payment Surplus / Transfer Balance at
start (Deficit) end
£ £ £ £ £ £
Unrestricted Funds
General Account 64,011 65,667 63,725 1,942 - 65,953
[Name of Fund]
---------- ---------- ---------- ---------- ---------- ----------
64,011 65,667 63,725 1,942 - 65,953
---------- ---------- ---------- ---------- ---------- ----------
Restricted Funds
Building & Repair Fund 109,873 114,853 16,747 98,106 - 207,979
Mission Fund 1,074 2,446 569 1,877 - 2,951
Sunday School Fund 4,526 1,308 1,647 -339 - 4,187
Tots & Co 593 553 342 211 - 804
Youth Fellowship 286 - 286 -286 - 0
Bowling Club 172 - 172 -172 0
Presbyterian Woman 3,057 1,669 2,464 -795 - 2,262
---------- ---------- ---------- ---------- ---------- ----------
119, 582 120,829 22,227 98,602 - 218,183
---------- ---------- ---------- ---------- ---------- ----------
Endowment Funds
General Investment Fund 106,482 5,034 - 5,034 - 111,516
Bequest Deposit Accounts 29,294 - - - - 29,294
---------- ---------- ---------- ---------- ---------- ----------
135, 776 - - 5,034 - 140,810
---------- ----------- ----------- ----------- ----------- ----------
Total 319,369 191,530 85,952 105,578 - 424,946
---------- ---------- ---------- ---------- ---------- ----------

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