Second Moneymore Congregation of the Presbyterlan Church In
Ireland. Trustees Annual Report and Financial Statements for the year
ended 318t December 2023.
Registered Charity in Northern Ireland (NIC105637)
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 Second Moneymore Congregation of
the Presbyterian Church in Ireland, Circular Road, Moneymore, Magherafelt.
BT45 7PY. Registered Charity in Northern Ireland {NIC105637) Charity
Trustees The Charity Trustees who served during the year or who were
trustees at the date of this report were Alastair Anderson, David Anderson,
James Atkinson, Derek Davison, John Mccullough Sylvia Mcmenemy Rev.
Jonathan Sloan.
Principle Office Bearers Minister - Rev. J Sloan
Clerk of Session - Kenneth Brown
Treasurer - Derek Davison
Independent Examiner: Weir &5 Co, 25 High Street, Moneymore, BT45 7PA
Bankers: Danske Bank, 38 James Street, Cookstown. BT80 8LX
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 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 a￿d
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 as 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 fonn 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. Second Moneymore Congregation of the Presbyterian
Church in Ireland has been assigned to the Iyrone 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.
Second 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, 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 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 nornially 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. At 3 1st December 2023 there were
approximately 64 communicant member and approximately 68 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 a￿d Outreach.
Over the past year the congregation has been involve 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, 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 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 2nd 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 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 l 00 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 public 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 Sta￿d￿dS
in the local community such as through the care of those in need, including
the sick, disabled and bereaved.
Generally the above benefits 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 infonnal and ad-hoc feedback from members, their families and
members of the public.
The purpose does not Iead 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 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 approximately 65
contributors during the year in 2023 donating a total of £30,392 (£28,674 in
2022).
Total income of the congregation during the year was £67,996, compared to
£75,60 1 in the previous year.
Total expenditure decreased to £64,532 in 2023 from £78, 184 in 2022.
Statement of Trustees responsibilities
The trustees are responsible for preparing the 8￿nUal report and the
financial statement of the congregation in accordance with appIicable law
and 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) 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.
behalf by Rev. J Sloan, Derek Davison & Kenneth Brown.
signed on
'J¥y-

an
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF 2. MONEYMORE CONGREGATION OF THE
PRESBYfERIAN CHURCH IN IRELAND
I report on the accounts of Second Moneymore Congregation of the Presbyterian Church in Ireland for the year
ended 31st December 2023, which are set out on pages 10 to 16.
Respectlve responsibilltles 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 {91 Ibl of
the Charities Act
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 6519) (bl 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 item5 or disclosures in the accounts,
and seekin8 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
4. That there is further information needed for a proper understanding of the account5 to be reached
Independent examiner's statement
I have completed my examination and I have identified matters of concern in respect of the areas111 to131 listed
above. Incomplete records have been kept for recreational accounts, monies, totalling £1,320 in receipts and
£1,338 in payments. This has arisen due to a lack of preparation by the recreational groups within the church for
the filing of accounts. In connection with matter14} and in following the Directions of the Charity Commission for
Northern Irela
d, I have found no matters that require drawing to your attention.
Signed:
Date: 31 October 2024
Seamus IYNeill FCA
Welr & Co. Chartered Accountants, 23 Hlgh Street, Moneymore, BT45 7PA.

an
2nd MONEYMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL AcfiviTY (Recelpts and Payments Account)
For the year ended 31 December 2023
Note Unrestrlcted
Funds
Restricted Endowment
Funds
Fund5
Total
2023
Total
2022
Receipts
Donations and legacies
Cha rita ble activities
Other trading activities
Investment Income
Other
49,827
7,119
3,365
3,710
56,946
3,365
3,710
3,975
49,187
2,809
1,836
4,075
17,696
3,975
Total Receipts
53,802
14,194
67,996
75,601
Payments
Raising funds
Charitable activities
Other
173
44,716
7,440
173
53,113
11,247
170
39,232
38,782
8,397
3,807
Total Payments
52,329
12,203
64,532
78,184
Net receipts / (payment5)
Transfers between funds
Transfer in
1,473
(12,504)
1,991
12,504
3,464
{2,5831
Net movement in funds
Funds brought forward
(11,031)
47,025
14,495
(16,992}
3,464
30,033
(2,583)
32,616
Funds carried forward
11
35,994
(2,497}
33,497
30,033
10

an
2nd MONEYMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF AssEfs AND LIABILITIES
As at 31 December 2023
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
Funds
2023
Total
Funds
2022
Fund5 Reconciliation
Bank and Cash at start of year
Net movement in funds
47,025
(11,031}
116,992)
14,495
30,033
3,464
32,616
(2,5831
Bank and Cash at end of year
35,994
(2,497}
33,497
30,033
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
605
32,892
602
29,431
33,497
30,033
Other Assets
Fixed Assets - Note 10
Church Premi5es/contents
Man5e/contentS
Investment Assets
Investment funds
2,533,619
707,185
2,356,855
657,846
158,061
158,061
Gift Aid receivable on donations
7,061
7,061
3,405,926 3,179,823
Liabilities
Approved by the Kirk Session at a meeting on .
and signed on its behalf by
Rev. J Sloan
Derek A Davison
Kenneth Brown
11

an
2nd MONEYMORE CONGREGATION OF THE PRESBYTERIAN 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 provision5 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.
DONATIONS AND LEGACIES
Unrestricted
Funds
Restricted Endowment
Fund5
Funds
Total
2023
Total
2022
Recorded giving:
Loose collections
Donations and gift5
Gift Aid
971
41,547
7,310
971
48,666
7,310
481
42,320
6,386
7,119
49,827
7,119
56,946
49,187
12

an
2nd MONEYMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Income from charitable activities
3,365
3,365
2,890
3,365
3,365
2,890
OTHER TRADING AcfiviTIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Letting of Manse lands
3,710
3,710
1,836
3,710
3,710
1,836
INVESTMENT INCOME
Unrestricted
Funds
Restrirted
Funds
Endowment
Funds
Total
2023
Total
2022
Deposit interest
General Investment Fund
Education Board Fund
National Savings
Other
73
3,865
37
73
3,865
37
39
4,001
35
3,975
3,975
4,075
13

an
2nd MONEYMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
OTHER INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
st
Frorn I Church for Sunday Sch'l
From 1st Church for Manse a/c
17,696
st
From I Church for Property a/c
17,696
RAISING FUNDS
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
FWO envelopes
173
173
170
173
173
170
CHARITABLE AcfiviTIES
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Teaching materials
Tots r us/Bowling running costs
Donations to Missions & charities
Sunday School running costs
Shared expenses With 1st Church
2,442
200
26,832
2,442
200
26,832
120
1,338
6,135
868
15,178
2,465
200
14,660
120
1,338
5,404
868
668
1,338
7,657
788
12,125
731
14,511
44,716
8,397
53,113
39,232
14

an
2. MONEYMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
OTHER EXPENDITURE
Unrestricted
Fund5
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Utilities/lnsurance etc.
Repairs & Maintenance
Bank Fees
Other Expenses
Purchase of Investments
2,467
3,766
447
761
1,315
2,492
3,782
6,257
447
761
4,078
33,492
460
752
7,440
3,807
11,247
38,782
10. FIXED ASSETs/INVESTMENT ASSETS
The congregation owns the following Church premises & associated fixtures, fittings and machinery:
11 2. Moneymore Presbyterian Church Circular Road, Moneymore, MAGHERAFELT BT45 7PY
st
Insurance value of Buildings and Contents as of 31 October 2023: £ 2,533,619
21 2nd Moneymore Presbyterian Manse 10 Ministers, Walk, Moneymore, MAGHERAFELT BT457QE
Insurance value of Buildings and Contents as of 315t October 2023: £ 707,185
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 investments, are disclosed on the Statement of Assets & Liabilities.
15

an
2nd 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
Unrestrlcted Funds
No l General a/c
Virgin money deposit
46,423
602
53,799
52,329
1,470
112,504)
35,389
605
47,025
53,802
52,329
1,473
{12,504)
35,994
Restricted Funds
No 2 Sunday School a/c
No 5 Choir/Organ a/c
No 8 Property a/c
No 9 Charitable Objects a/c
Tots R U5
Bowling club
Manse a/c
5,120
939
{24,8391
2,045
868
120
1,314
5,404
1,177
1120)
11,314}
{1,285}
63
44
11,615
1,285
6,360
863
(14,538)
4,119
195
1,001
592
195
983
3,640
1,320
6,710
1,338
3,159
(18)
3,551
(5031
{16,9921
14,194
12,203
1,991
112,504) (2,497)
Total
30,033
67,996
64,532
3,464
33,497
16