First Moneymore Congregation of the Presbyterian Church in Ireland.
Trustees Annual Report and Financial Statements for the year ended 3 1st
December 2023. Registered Charity in Northern Ireland (NIC105635) 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 3 1st December 2023 including a Statement of Assets and
Liabilities as at that date. Reference and Administrative Details First
Moneymore Congregation of the Presbyterian Church in Ireland, Stonard
Street, Moneymore, Magherafelt. BT45 7PN. Registered Charity in Northern
Ireland (NIC 1056351.
Charity 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, Eric McKee, 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 3nd 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
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 8nd 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 Presbyteri3￿ Church in Ireland,
as a Refonned 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 purposes are: 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, 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.
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. 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:
-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 Wornen
-Badminton (2 sections)
-Bowling Club
Achievements and Perforniance
Worship and Prayer.
The Congregation nonnally 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 and for a
time of prayer. As well as our regular services during the year we
acknowledged God's gift of new life at 2 Sacraments of Baptism, gave thanks
for faithful service of 2 members and sought to comfort those who had been
bereaved during the year.
At 31st December 2023 there were 109 communicant members and 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. We also have hosted some of the local primary schools
to a tour of the church building.
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, assists
with the running costs of Union Theological College, the church's training
college for ministry students, and financially supports congregations in the
areas of worship, discipleship, global mission, outreach, leadership and
pastoral care.
The congregation also contributed to the denominational World Development
Appeal, Sunday School project, Presbyterian Children's Society, Presbyterian

Woman's Mission Fund, Moderator's 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 ￿OUnd 20
people aged from 8 upwards.
Wednesday morning is the mothers and Toddlers group, with around 30
babies, toddlers and their carers. 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 10 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 8J]d 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 advancernent 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 a￿d 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 f8milies and
members of the public.

The purpose does not lead to h￿rn. 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 main source of income is member's contributions
through the Weekly Freewill Offering. There were I I I contributors during
the year in 2023 (1 I l in 2022) donating a total of £50,892 (£46,804 in
2022).
Total income of the congregation during the year was £108,696, compared
to £1 11,4 1 l in the previous year.
Total expenditure decreased to £95,406 from £104,33 1, a decrease of
£8,925.
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 tot8J 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 25th August 2024 and signed
on its behalf by Rev. J Sloan & Kenneth Brown.
15/8/24

an
INDEPENDENT EXAMINERS REPORTTO THE TRUSTEES OF FIRST MONEYMORE CONGREGATION OF
THE PRESBYfERIAN CHURCH IN IRELAND
I report on the accounts of First Moneymore Congregation of the Presbyterlan Church in Ireland for
the year ended 31st December 2023, which are Set out on pages 12 to 19.
Respective responsibilities ot 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 bythe Commission under section 65
(9) Ib) of the Charities 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 Charities 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 records. 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'5 qualified statement
I have completed my examination and I have identified matters of concern in respect of areas (l) to {3)
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 £108,696, however, incomplete records have been kept for the recreational accounts, monies
received totalling £2,770 which is included in this amount. Similarly, forthe expenditure of these
recreational accounts amounting to £2,545 there are incomplete 5UPPOrting records for any payments.
Total payments for all accounts amounted to £95,406. 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 (41, 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 ACTIVITY (Recelpts and Payments Account)
for the year ended 31 December 2023
Note Unrestrirted
Funds
Restrirted
Funds
Endowment
Funds
Total
2023
Total
2022
Receipts
Donations and legacies
Ch aritable activities
Other trading activities
Investment Income
Other
60,756
35,540
10,065
500
41
96,296
10,065
500
1,235
600
98,227
11,534
500
1,150
1,194
600
Sale of fixed assets
Total Receipts
62,550
46,146
108,696
111,411
Payments
Raising funds
Charitable activities
Other
299
57,736
299
95,107
301
104,030
37,371
Purchase of Investments
Total Payments
58,035
37,371
95,406
104,331
Net receipts / {payments)
Transfers between funds
4,515
8,775
13,290
7,080
Net movement in funds
Funds brought forward
Deduct non cash/bank
related endowment funds
4,515
166,466
8,775
37,464
13,290
203,930
7,080
196,850
Funds carried forward
11
170,981
46,239
217,220
203,930
12

an
FIRST MONEYMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2023
Unrestricted
Funds
Restrlcted Endowment
Funds
Funds
Total
Funds
2023
Total
Funds
2022
Funds Reconciliatlon
Bank and Cash at start of year
Net movement in funds
166,466
4,515
37,464
8,775
203,930
13,290
196,850
7,080
Bank and Cash at end of year
170,981
46,239
217,220
203,930
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
56,000
160,518
702
55,370
146,438
2,122
217,220
203,930
Other Assets
Fixed Assets- Note 10
Church Premises
Investment Assets
Investment funds
2,432,922 2,263,183
31,099
28,816
2,464,021 2,291,999
Liabilities
NIL
NIL
Approved by the Kirk Session at a meeting on 25 August 2024 and signed on its behalf by
Rev. J Sloan
Kenneth Brown
IL*r
13

an
FIRST MONEYMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
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 fund5 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 Ib) 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 basi5.
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
Restrirted
Funds
Endowment
Funds
Total
2023
Total
2022
Recorded giving:
Loose collections
Donations and gifts
Gift Aid
FWO
1,506
7,525
13,376
38,349
1,506
28,964
14,934
50,892
311
37,281
13,831
46,804
21,439
1,558
12,543
60,756
35,540
96,296
98,227
14

an
FIRST MONEYMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
CHARITABLE ACTIVITIES
Unrestricted
Fund5
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Income from charitable activities
Fees from weddings and funerals
Fundraising events
Membership fees
Grants
3,650
3,650
4.747
3,600
2,815
3,600
2,815
5,707
1,080
10,065
10,065
11,534
4. OTHER TRADING ACTIVITIES
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Letting of premises
500
500
500
500
500
500
INVESTMENT INCOME
Unrestrlcted
Funds
Restrlcted Endowment
Funds
Funds
Total
2023
Total
2022
Deposit interest
General Investment Fund
Other investment income
41
41
537
657
537
657
557
587
1,194
41
1,235
1,150
15

an
FIRST MONEYMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
OTHER INCOME
Unrestrlcted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Other income
600
600
600
600
RAISING FUNDS
Unrestrlcted
Funds
Restrirted
Funds
Endowment
Funds
Total
2023
Total
2022
FWO envelopes
Fundraising events
299
299
301
299
299
301
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restrirted Endowment
Funds
Funds
Total
2023
Total
2022
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Congregational running expenses
Donations to Missions and
charities
344
32,297
25,095
344
32,297
48,401
14,065
344
16,389
69,415
17,882
23,306
14,065
57,736
37,371
95,107
104,030
16

an
FIRST MONEYMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {cont'd)
31 December 2023
OTHER EXPENDITURE
Unrestricted
Funds
Restrlcted Endowment
Funds
Funds
Total
2023
Total
2022
Outreach
10. FIXED ASSErs
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 £2,432,922.
The congregation ha5 reviewed the basis on which it prepares its accounts and in order that these are
prepared on a strict receipt5 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 investments, are disclosed on the Statement of Assets & Liabilities.
17

an
FIRST MONEYMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
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
111,096
44,701
422
10,247
61,920
514
58,035
3,885
514
114,981
45,215
427
10,358
111
111
166,466
62,550
58,035
4,515
170,981
Restricted Funds
Property & Repair Account
Graveyard Account
Church Hall Account
United Appeal & other Religious
And Charitable Object5
Mission Account
PW Account
Boys Brigade
Guide Account
Rangers Account
Brownies Account
Rainbows Account
Badminton Account
11,402
1,743
4,864
86
13,211
1,498
4,499
11,898
2,665
2,343
9,297
11,585
10,546
{8451
(4,798)
313
15,643)
845
4,798
16,305
1,743
4,864
399
2,278
1,495
1,705
5,827
415
1,617
2,988
3,044
2,278
1,560
2,002
9,071
415
1,373
3,257
2,972
2,881
2,623
5,858
2,816
2,326
2,614
65
297
3,244
1,306
2,225
147
1,550
1,956
219
{2441
269
{72)
37,464
46,146
37,371
8,775
46,239
Total
203,930
108,696
95,406
13,290
217,220
18