First Moneymore Congregation of the Presbyterian Church in Ireland.
Trustees Annual Report and Financial Statements for the year ended 3 1st
December 2022.
Registered Charity in Northern Ireland {NIC1056351 First Moneymore
Congregation of the Presbyterian Church in Ireland
Trustees Annual Report.
The Trustees present their Annual Report and Financial Statements for the
year ended 31st December 2022 including a Statement of Assets and
Liabilities as at that date.
Reference and Administrative Details First Moneymore Congregation of the
Presbyterian Church in Ireland, stOn￿d Street, Moneymore, Magherafelt.
BT45 7PN. Registered Charity in Northern Ireland (NIC105635).
Ch￿lty Trustees
The Charity Trustees who served during the year or who were trustees at the
date of this report were Doreen Brown, Kenneth Brown, James Davison,
John Hunter, Eric McKee, Jonathan Sloan, Margaret Quinn.
Principle Office Bearers Minister: Rev. J Sloan
Clerk of Session: Kenneth Brown
Treasurer: Greer Hunter
Independent Examiner: Weir & Co 25 High Street, Moneymore, Moneymore,
BT45 7PA
Bankers- Ulster Bank, 20 William Street, Cookstown. BT80 8ND
Solicitors - None
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 a￿d promote the spiritual interest of the
congregation a￿d 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
administrating 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 Congregation. All members are entitled to propose,
speak and exercise equal votes at meetings, except that the Moderator: the
Minister in active duty in the congregation has no deliberative but only a
casting vote.
Stated meetings of Kirk session are held: On the first Tuesday of January,
March, May and November. The second Tuesday of September, and the
First Sunday morning of October and the Second Sunday morning of May
before communion Service. Ad hoc meetings, to deal with important
business that can't wait until the next stated meeting, can take place
providing all Kirk Session members are given notice.
To be chosen for the office of 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 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. First Moneymore Congregation of the Presbyterian
Church in Ireland has been assigned to the Tyrone Presbytery of the
Presbyterian Church in Ireland. The membership of the Presbytery consists
of the active Ministers of congregations assigned to it by the General
Assembly, Ministers who have retired from active duty and an elder
appointed by the Kirk Session of the congregation.
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 ministers 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.
First Moneymore Congregation of the Presbyterian Church is a congregation
of the Presbyterian Church in Ireland. The Presbyterian Church in Ireland,
as a Reformed Church within the wider body of Christ is grounded in the
Scriptures and exists to love and honour God through faith in His Son and
by the Power of His Spirit and to enable her members to play their part in
fulfilling God's mission to our world.
The Congregation's Mission purpose is: 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: _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
blessing of God that belongs 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, 8J]d 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.
Activities and Objectives
The congregation meets for worship every Sunday and visitors are welcome
to join. The Sacrament of the Lord's Supper is observed on three occasions
during the year, in January, May and October for 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 organisation including:
-sunday School and Bible Class
-Children's Church
-Boys Brigade (3 sections)
-Mother's and Toddlers group
-Girl Guides (4 sections)
-youth Fellowship
-Afternoon Fellowship (Senior citizen's group)
-Presbyterian Women
-Badminton (2 sections)
-Bowling Club

Achievements and Performance
Worship and Prayer.
The Congregation normally meets for worship each Sunday at I1.30am (all
year) and at 7pm from October to June. During the week the Bible Study
(Wednesday nights from October to May) provides an opportunity for
members to meet together for fellowship, to study the scriptures 8￿d for a
time of prayer.
At 3 1st December 2022 there were approximately 109 communicant
member and approximately 107 families connected with the congregation.
The average attendance at morning worship is 120 people.
Pastoral Care
Members of the congregation who are unable to attend church due to
sickness or age are visited on a regular basis by the minister or elders.
Mission and Outreach.
Over the past year the congregation has been involved in different
outreaches. The BB, Girl Guides, Mother and Toddler group and Bowling
Club consist of people drawn from the local community who belong to other
churches and none.
The congregation supports the United Appeal for Mission which is a central
fund of the Presbyterian Church in IrelarAd. 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
fmancial 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 C￿e.
The congregation also contributed to the denominational World Development
Appeal, Sunday School project, Presbyterian Children's Society, Presbyterian

Woman's Mission Fund, Moderator's Syria Appeal and other charities not
directly associated with PCI.
Presbytery
The Congregation was represented at the regular meetings of Presbytery by
our Minister and one of our elders. This provides an important link between
the congregation and the wider structure 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 Building, Belfast in June.
Property
No work was carried out to 1st Moneymore Meeting House.
Organisations
Every Sunday morning from September to June, Sunday school and Bible
Class meet in the Church hall. There are around 40 children and young
people aged 5 - 15 attending each week. Youth Fellowship meets twice a
month with around 7 young people attending.
On Monday night, the bowling Club meets with around 30 members. The
club participated in several competitive matches through the year.
On Tuesday night Badminton club meets in two sections, with around 20
people aged from 8 upwards.
Wednesday morning is the mothers and Toddlers group, with around 30
babies, toddlers a￿d their c￿ers. They went on trips in the local area
having a Teddy Bear's Picnic. Once a month on a Wednesday afternoon
from October to April, the Afternoon Christian Fellowship meets with around
20 attending. Wednesday night is BB night when all three sections of the
BB meet from September to April. There are around 100 boys in attendance
each night. Midweek meeting for Prayer and Bible study meets on
Wednesday night with around 16 people attending from October to May.

Thursday morning during September to April, the Ladies, bible study meets
in the church, with around 20 ladies attending. On Thursday night
Rainbows and Brownies meet from September to May with around 40 girls
in attendance. Then on Friday night the Men's bible study meets with
around l O men in attendance. And On Saturday night Guides and Rangers
meet from September to June with around 30 girls in attendance.
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.
Public Benefit Statement
The Presbyterian Church in Ireland meets the public benefit requirement by
providing benefits to its members and 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 notice
boards, printed material, press advertisements, 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 hann. 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 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 commission Public benefit
requirement statutory guidance.
Financial review
The congregation's mains source of income is member's contributions
through the Weekly Freewill Offering. There were I I I contributors during
the year in 2022 (114 in 20211 donating a tot81 of £46,804 (£43,856 in
2021).
Total income of the congregation during the Ye￿ was £1 11,4 1 I, compared
to £101,950 in the previous year.
Total expenditure increased to £104,33 1 from £66,374, an increase of
£37,957.
Statement of Trustees responsibilities
The trustees are responsible for preparing the annual report and the
financial statement 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 prep￿e 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 25th August 2024 and signed
on its behalf by Rev. J Sloan & Kenneth Brown.
iufkn- 2s/gA

an
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF FIRST MONEYMORE CONGREGATION OF
THE PRESBYfERIAN CHURCH IN IRELAND
I report on the accounts of Flrst Moneymore Congregation of the Presbyterian Church in Ireland for
the year ended 31st December 2022. which are set out on pages 12 to 19.
Respective responsibillties of charity trustees and examiner
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the
Charities Act (Northern Ireland} 2008.
It is my 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
19) Ib) of the Charitie5 Act; and,
State whether particular matters have come to my attention.
Basis of independent examinerfs report
I have examined your charity accounts as required under section 65 of the Charitie5 Act and my
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.
My examination included a review of the accounting records kept by the charity and a preparation of
the accounts from those record5. It also included consideration of any unusual items or disclosures in
the accounts, and seeking explanations from you as charity trustees concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe:
l. That accounting records were not kept in accordance with section 63 of the Charities Act;
2. That the accounts do not accord with those accounting records;
3. That the accounts do not comply with the accounting requirements of the Charities Act; and,
4. That there is further information needed for a proper understanding of the accounts to be
reached.
Independent examiner's qualified statement
I have completed my examination and I have identified matters of concern in respect of areas11) to13)
listed above because I have identified concerns to do with each of these requirements. The charity
trustees have prepared receipts and payments accounts and the accounts show monies received in the
year of £111,411, however, incomplete records have been kept for the recreational accounts, monies
received totalling £1,667 which is included in this amount. Similarly¢ for the expenditure of these
recreational accounts amounting to £2,151 there are incomplete supporting records for any payments.
Total payments for all accounts amounted to £104,331. This has arisen due to lack of preparation by the
io

an
recreational groups within the church for the filing of accounts. In connection with matter (4), and in
following the Directions of the Charity Commission for Northern Ireland, I have found no other matters
that require drawing to your attention
Signed:
Date: 25 August 2024
Seamus O'Neill FCA
Weir & Co. Chartered Accountants, 27 High Street, Moneymore, BT45 7PA.
li

an
FIRST MONEYMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL AcfiviTY (Receipt5 and Payments Account)
for the year ended 31 December 2022
Note Unrestrirted
Funds
Restricted Endowment
Funds
Funds
Total
2022
Total
2021
Receipts
Donations and legacies
Charitable activities
Other trading activities
Investment Income
Other
59,078
39,149
11,534
500
98,227
11,534
500
1,150
92,914
7,175
400
1,461
1,144
Sale of fixed assets
Total Receipts
60,222
51,189
111,411
101,950
Payments
Raising funds
Cha ritable activities
Other
301
43,948
301
104,030
317
66,057
60,082
Purchase of Investments
Total Payments
44,249
60,082
104,331
66,374
Net receipts / (payments)
Transfers between funds
15,973
(8,993)
7,080
35,576
Net movement in funds
Funds brought forward
Deduct non cash/bank
related endowment funds
15,973
150,493
(8,893)
46,357
7,080
196,850
35,576
161,274
Funds carried forward
11
166,466
37,464
203,930
196,850
12

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FIRST MONEYMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2022
Unrestricted
Funds
Restricted Endowment
Fund5
Funds
Total
Fund5
2022
Total
Funds
2021
Funds Reconciliation
Bank and Cash at start of year
Net movement in funds
150,493
15,973
46,357
{8,893)
196,850
7,080
161,274
35,576
Bank and Cash at end of year
166,466
37,464
203,930
196,850
Bank & Cash Balances
Bank Dep051t Accounts
Bank Current Accounts
Cash in Hand
55,370
146,438
2,122
54,807
139,623
2,420
203,930
196,850
Other Asset5
Fixed Assets- Note 10
Church Premises
Investment Assets
Investment funds
2,263,183 2,105,287
28,816
31,045
2,291,999 2.136,332
Liabilities
NIL
NIL
Approved by the Kirk Session at a meetin8 on 25 August 2024 and signed on its behalf by
Rev. J Sloan
Kenneth Brown
eJof/t¢
i£ /6 IL4
13

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FIRST MONEYMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2022
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 basi5.
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 (bl revenue donations or grants for a specific congregational
activity intended by the donor. Where these funds have unspent balances, interest on their pooled
investment is apportioned to the individual funds on an average balance basis.
Unrestricted funds are income funds which are to be spent on the congregation's general purposes.
Designated funds are general funds set aside by the congregation for use in the future.
DONATIONS AND LEGACIES
Unrestricted
Funds
Restricted Endowment
Funds
Fund5
Total
2022
Total
2021
Recorded giving:
Loose collections
Donations and gifts
Gift Aid
FWO
311
11,665
11,998
35,104
311
37,281
13,831
46,804
120
35,569
13,639
43,586
25,616
1,833
11,700
59,078
39,149
98,227
92,914
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FIRST MONEYMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTESTO THE ACCOUNTS
31 December 2022
CHARITABLE AcfiviTIES
Unrestricted
Fund5
Restricted
Funds
Endowment
Funds
Total
2022
Total
2021
Income from charitable activities
Fees from weddings and funerals
Fundraising events
Membership fees
Grants
4,747
4,747
525
5,707
1,080
5,707
1,080
1,505
5,145
11,534
11,534
7,175
4. OTHER TRADING AcfiviTIES
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2022
Total
2021
Letting of premises
500
500
400
500
500
400
INVESTMENT INCOME
Unrestricted
Fund5
Restricted Endowment
Funds
Funds
Total
2022
Total
2021
Deposit interest
General Investment Fund
Other investment income
557
587
557
587
537
921
1,144
1,150
1,461
15

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FIRST MONEYMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2022
OTHER INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2022
Total
2021
Other income
RAISING FUNDS
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2022
Total
2021
FWO envelopes
Fundraising events
301
301
317
301
301
317
CHARITABLE AcfiviTIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2022
Total
2021
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Congregational running expenses
Donations to Missions and
charities
344
16,389
27,215
344
16,389
69,415
17,882
344
13,517
38,384
13,812
42,200
17,882
43,948
60,082
104,030
66,057
16

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FIRST MONEYMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd}
31 December 2022
OTHER EXPENDITURE
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2022
Total
2021
Outreach
10. FIXED ASSETS
The congregation owns the Church premises situated at 11 Stonard Street, Moneymore, BT45 IPN and
the associated fixtures, fittings, plant and machinery. These have an insurance value of £2,263,183.
The congregation has reviewed the basis on which it prepares its accounts and in order that these are
prepared on a strict receipts and payments basis it has eliminated from its fund balances any funds
which are not held in bank or cash balances. Any other funds, which the congregation holds, in
particular investment5, are disclosed on the Statement of Assets & Liabilities.
17

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FIRST MONEYMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2022
11. FUND BALANCES
Fund
Balance
at start
Receipts Payment Surplus / Transfer
(Deficit)
Balance
at end
Unrestricted Funds
Number l & 7 Accounts
Progressive - 5 Year Bond
Business Reserve
Scottish Widows
95,687
44,163
420
10,223
59,658
538
44,249
15,409
538
111,096
44,701
422
10,247
24
24
150,493
60,222
44,249
15,973
166,466
Restricted Funds
Property & Repair Account
Graveyard Account
Church Hall Account
United Appeal & other Religious
And Charitable Objects
Mission Account
PW Account
Boys Brigade
Guide Account
Rangers Account
Brownies Account
Rainbows Account
Badminton Account
20,752
1,743
4,864
86
13,731
2,354
4,071
15,707
17,696
3,645
8,165
15,707
{3,965)
(1,2911
{4,0941
{5,385)
1,291
4,094
11,402
1,743
4,864
86
2,278
919
2,216
6,459
681
1,279
2,063
3,017
2,278
1,495
1,705
5,827
415
1,617
2,988
3,044
2,861
1,497
6,245
2,285
2,008
6,877
266
1,546
1,744
143
576
1511}
1632}
1266}
338
925
27
1,884
2,669
170
46,357
51,189
60,082
{8,893)
37,464
Total
196,850
111,411
104,331
7,080
203,930
18