an Registered Charlty In Northem Ireland NIC 105643 TOBERMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND an TRUSTEES ANNUAL REPORT The Trustees of Tobermore Congregation of the Presbyterian Church in Ireland present their Annual Report and Financial Statements for the year ended 31 Dmber 2023 and a Statement of Assets and Liabilities as at that date. REFERENCE AND ADMINSTRATIVE DETAILS Tobermore Congregation of the Presbyterlan Church in Ireland, 38 Main Street, Tobermore, Magherafelt, Co. Londonderry BT45 5PW Reglstered Charity in Northern Ireland (NIC 105643) CHARITY TRUSTEES The Charity Trustees who seNed during the year or who were trustees at the date of this report were: Rev Trevor Boyd Mr Ivan Brown Mr Jim Davison PRINCIPAL OFFICE BEARERS Mlnlster Interlm Clerk of selOn Treasurer Secretary Rev Trevor Boyd Mr Jackie Hamilton Mr Andrew Johnston Mr Gareth Campbell INDEPENDENT EXAMINER David Lyttle & Co, Chartered Accountsnts, 15 mtIng Street, Magherafelt, BT45 6BN BANKERS Ulster Bank, 20 Broad Street, Magherafelt, BT45 6JR SOLIcrroRS Burnslde & Logue, 43 Main Street, Maghera, BT46 SAA
TOBERMORE PRESBYTERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND an TRusfEES ANNUAL REPORT- CONT'D srRucfuRE AND MANAGEMENT The Interlm Sesslon The charity trustees of the congregation are the member5 of Its Interim Session. Under the congregation's governing document, The Code, the book of the constitution and government of the Presbyterian Church In Ireland, the Interim Session seeks to watch over and promote the spiritual interest of the congregation and of persons not connected with any congregation who are wlthln 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 Interim Session has delegated to Its Congregational Commlttee the temporal affalrs of the congregatlon Includlng administering all funds and property belonglng to the congregatlon. Members of the InterSm Sesslon are ex-officio members of the Congregational Commlttee. The Interlm Session consists of the ordained minister and elerted elders of other congregations withln the Tyrone Presbytery. All member5 are entitled to propose, speak and exerclse equal votes at meetlngs, expt that the Moderator, the minister in active duty In the congregation, has no deliberative but only a casting vote. Stated meetlngs of the Interim Sesslon are held each year as requid. To be chosen for the offlce of the eldershlp In the congregatlon a person must be a votlng member and a regular attendant on its ordinances. The selection of those proposed to be called to the Offi can be either by the congregation or by the Klrk Sesslon. Members are elected If they obtain the votes of two-thirds of those who vote. Presbytery Under the Presbyterian Church In Ireland form of governance the corporate overslght of a congregatlon Is the responsibility of a Presbytery which superlntends generally the spirltual and temporal affalrs of the congregatlon5 assigned to it by the General Assembly of the Presbyterlan Church In Ireland. Tobermore congregation of the PresbY(erian Church has been asslgned to the Tyrone Presbytery of the Presbyterlan Church Sn Ireland. The membership of the Presbytery consists malnly of the active mlnisters of congregations assigned to It by the General Assemblyi ministers who have retired from active duty and an elder appointed by each of the Kirk Sesslons of the congregations. The General Assembly The General Assembly Is the supreme court of the Church, repSentIng In one body the whole Church and acting as Its supreme legislative, admlnlstratlve and judicial authorlty, 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 buslness. At the end of buslness it 15 dissolved. The membership of the General Assembly conslsts malnly of the active ministers of each congregation, retired ministers and a representative elder appointed by the Kirk Session of each congregation.
TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND an TRUSTEES ANNUAL REPORT- CONT'D DESCRIPTION AND PURPOSE The charitable purpose of the congregation Is the advancement of religion. Tobermore congregation of the Presbyterlan Church is a congregation of the Presbyterian Church In Ireland. The Presbyterian Church in Ireland, as a Reft)rmed Church within the wider body of Christ Is grounded in the Scrlptures, and exists to love and honour God through falth in His Son and by the power of His Spirit, and to enable our members to play their part In fulfilling God's mission to our world. The congregatlon's mission purpose is, by the gra of God, to help people of all ages become fully devoted followers of Jesus Chrlst. Our vls5on Is, by the grace of God, to be an Incluslve, welcomlng communlty of Chrfst's people of all ages, whlch.. 15 increaslngly characterlsed by love for God, and love and concern for others; Is committed to the historic Chrlstlan gospel as vealed In the Blble; Is relevant to people of thls tlme and platr. ACHIEVEMENTS AND PERFORMANCE The followlng sectlons Outllne the normal activltles of the congregatlon. The congregatlon meets for worshlp every Sunday and vlsltors are welcome to Joln In. The sacrament of the Lord's Supper was observed durlng the year and all those who have been baptlsed and who have made a professlon of faith in the Lord Jesus Chrlst are admitted to the Lord's Supper. The congregation holds regular blble study meetings and has an actlve Chrlstian Endeavour and Sunday School. WORSHIP AND PRAYER The congregatlon normally meets for worshlp each Sunday at 12. 15pm and has an evenlng servlce as qUIred on speclal ¢xcasions. During the week the Bible Study and Prayer meeting provldes an opportunlty for members to meet together for fellowshlp, to study the scrlptures and for a tlme of prayer. As well as our regular seNlces when permltted during the year, the were no Sacraments of Baptism or marrlage ServIS but we gave thanks for falthful senilS and sought to comfort those who had been bereaved durlng the year. At 31 Dernber 2023 there were 46 communlcant members and 60 famllies connected with the congregatlons. The average week attendan at morning worshlp is 40. Pastoral care Members of the congregation are visited by the Mlnister and elders. Those who are sick, elderly, the bereaved and those facing difficult circumstan$ are given special attention through regular visits and the provision of support, friendship and prayer.
TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND an TRUSTEES ANNUAL REPORT- CONT'D Mission and outreach Meeting together for Sunday worshlp Is at the centre of the life of our church famlly and continues to be well supported. We recognise that we learn more and journey better when we journey as an inter-generational community. Above all we seek, in worship to glorify God, to enjoy coming together as a famlly of all-ages and stsges in His presence and to leave challenged to be agents of change In the spheres of work and life to which we retum. The congregation also supports the Unlted Appeal for Mlsslon which Is a central fund of the Presbyterian Church In Ireland. The United Appeal Fund provides financial support for mission personnel at home and overseas, asslsts congregatlons with the deployment of locally based staff, enables church planting, provides grant support for the upkeep of church premlses, asslsts with the runnlng costs of Unlon Theological College, the Church's training college for ministry students, and financlally supports congregation in the areas of worshlp, dlsclpleshipi global mlssion, outreach, leader5hlp and pastoral care. Presbytery The congregation was represented at the regular meetings of Presbytery by one of the Interlm session. Thls provlde5 an Important link between the congregatlon and the wider structures of the church. General Assembly One of the Interlm sesslon was nomlnated to attend the meetlng of the General Assembly of the PresbY(erlan Church In Ireland to be held In Assembly Buildlngs, Belfast, in June. Property There were no eXptIOnal costs associated with the Church Manse or other property durlng the year. Volunteers The Trustees wish to acknowledge thelr deep appreclatlon of those who glve freely of their tlme by servlng on commlttees and helplng wlth organisatlons and other church actlvlties.
TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND an TRusfEES ANNUAL REPORT- CONT'D PUBLIC BENEFIT sfATEMENT The Presbyterian Church in Ireland meets the public benefit requirement by providing beneflt to its members and the general public by making known the Christian Gospel of the Lord Jesus Christ through the advancement of religlon. The direct benefit5 whlch flow from the purposes of the Church include the galnlng of an understandlng In Christian bellefs 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 teachlng. In turn, this framework leads to practical expressions of Chrlstlan beliets and standards In the local community such as through the care of those In need (Including the slck, disabled and bereaved). Generally the above beneffts are dellvered locally by congregatlons and thelr members, or are facllltsted through psbYterieS or are organised and dellvered ntrally. Local delivery Is facllltsted by central resources In almost all cases. Public access is made known through the use of notlceboards, prlnted material, press advertlsement, websltes, and social medla or In other ways. The beneflts are demonstrated through regular evaluation of the Servi$ and Informal and ad-hoc feedback from members, their familles, and members of the public. The purpose does not lead to harm. The only private benefit flowing from our purpose is related to Ministers, Mlsslonarles, Deaconesses, Irish Mlsslon workers and Lay Agents who receive beneflts as a result of thelr holdlng office or employment. However, this is incidental and necessary In order to further our charitable purpose. There are no other private benefits. The beneflclarles of this purpose are members, their families, other Individuals that the Presbyterlan Church in Ireland Is In dlrect and Indlrect contact wlth, the communlty In which pastoral servlces are provided and other communltles throughout Northem Ireland, the Republic of Ireland, and worldwlde which benefit from our engagement wlth and support for l)oth Christlan and other secular organisations, charltles and indlvidual members of the public. The Klrk Sesslon has had regard to the Charity Commlsslons Publlc beneflt requlrement statutory guldance. FINANCIAL REVIEW The congregation's main source of income is members, contributions through the Weekly Freewill Offering. The results for the year are set out on page 8, which the Trustees consider to be satisfactory. The reserves of the Congregation are held for the advancement of its charitable purpose, other than restricted reserves which are held for a designated purpose.
TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND an TRusfEES ANNUAL REPORT- CONT'D STATEMENT OF TRUSTEE RESPONSIBILrrIES The Trustees are responsible for pparIng the annual report and the financial ststements of the congregation In accordan with applicable law and generally accepted accounting practice. As the congregations total income d5 not exed £250,000, the Trustees have elected under Section 64(3) of the Charities Act (Northem Ireland) 208 to prepare a reIpts and payment account and a ststement of assets and liabilities. The Trustees are responsible for k&plng adequate accounting records that are sufflclent to show and explaln the congregation's transactlons and disclose with reasonable accuraq at any tlme its financial positlon. They are also responsible for safeguarding the assets of the congregation and hen for taklng reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Interlm Sesslon at a meeting on 29 May 2024 and signed on Its behalf by: Rev Trevor Boyd Mr JIM Davison
TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND an INDEPENDENT EXAMINER'S REPORTTOTHE CHARrrYTRusfEES OFTOBERMORE CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND I report on the accounts for the year ended 31 Dernber 2023, whlch are set out on pages 8 to 13. Respectlve responslbllitles of charlty trustees and examlner As the charlty's trustees, you are responsible for the preparation of the accounts in accordan with the Charities Act (Northern Ireland) 2008. It is my responsibility to: Examine the accounts under sectlon 65 of the Charltles Act Follow the procedures lald down In the general directions glven by the Commlsslon under Sectlon 65(9)(b) of the Charities Act State whether particular matters have come to my attention. Basls of Independent examlner's report I have examined your charity accounts as required under Sectlon 65 of the Charltles Act and my examlnatlon was carried out In accordance wlth the general directlons glven by the Charlty Commlsslon for Northern Ireland under Sectlon 65 (9)(b) of the Charlties Act. My examlnatlon included a revlew of the accountlng records kept by the charity and a comparison of the accounts presented wlth those records. It also included conslderatlon of any unusual Items or dlsclosures In the accounts, and seeking explanatlons from you as charlty trustees concerning any such matters. My role Is to stste whether any materlal matters have come to my attentlon glvlng me cause to believe: l. The accountlng records were not kept In accordance wlth Sectlon 63 of the Charltles Act. 2. That the accounts do not accord with those accountlng records. 3. That the accounts do not comply wlth the accounting requlrements of the Charltles Act. 4. That there Is further Informatlon needed for a proper understandlng of the accounts to be reached. Independent examlner's statement I have with mpleted lowing the r attentlon examlnation and have no concerns In respect of the matters (l) to (4) listed above and, In connection rectlons of the Charity Commlsslon for Northern Ireland, I have found no matters that requlre drawing en McGeagh B or and on behalf of Davi Chartered Accountants Statutory Auditors FCA CTA ttle + Co Ltd 29 May 2024 15 Meeting Street Magherafelt Co Londonderry BT45 6BN
TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND an TOBERMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND R•colpts and Payments Account for the year ended 31 December 2023 Unrestrlcted Rastrlcted Endowment Funds Funds Funds 2023 2023 2023 Total Note 2023 Recel ts Weekly Freewill Offering Sabbath Collection Special Collections Gift Aid Gift Aid - GASDS Investment income Other receipts Receipts regarding Organisations Total Recel ts 34,660.50 3,373.00 34,660.50 3,373.00 6,093.00 4,154.67 988.00 6,093.00 932.25 3,222.42 988.00 1,772.80 3,500.00 892.04 44,016.72 11,417.29 5,272.80 892.04 55,434.01 Pa monts General Assembly Assessments Church Running Costs Sunday School Costs Manse Costs Administration Costs Charitable Donations 18,668.38 6,311.75 18,668.38 6,515.75 605.53 1,848.66 9,469.67 3,795.00 40,902.99 204.00 605.53 305.00 1,543.66 9,469.67 685.00 36,678.46 3,110.00 4,224.53 Total Pa ments Excess of Recelpts over Payment8 for tho year before transfers 7,338.26 7,192.76 14,531.02 Capltal payment8 Transfers Transfer to Investment Nat movement in funds 7,338.26 7,192.76 14,531.02 Funds brought forward 82,180.00 47,162.00 10,958.00 140,300.00 Funds carried forward 10 89,518.26 54,354.76 10,958.00 154,831.02
TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBrfERIAN CHURCH IN IRELAND an STATEMENT OF ASSETS AND LIABILrrIES AS AT 31 DECEMBER 2023 UNREsfRIcfED REsfRXCTED ENDOWMENT TOTAL TOTAL FUNDS FUNDS FUNDS 2023 2022 Funds Reconciliation Bank & cash at start of year Net movement in funds Bank & cash at end of year 82,180 47,162 10,958 140,300 140,970 670 154 831 140 300 Bank & cash balances Bank dep051t accounts Bank current accounts Cash In hand 61,798 93,033 61,798 78,502 154 831 140 300 other assets Flxed assets Church Premlses FSxtures, Flttings & Equlpment 3,950,540 3,950,540 4 008 891 4 008 891 Llabllltles Loans (Interest free) Approved by the Interlm Session at a meeting on 29 May 2024 and signed on Its behalf by Rev. TvOr Boyd Mr Jim Davison
TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND an 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 musl 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 Ib) revenue donations or grants for a specific congregation81 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. STATEMENT OF ASSETS AND LIABILITIES FIXED ASSETS The assets of the congregation, retained for its own use comprise'.- Church Building and Graveyard Manse Glebe land 10
TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND an 2. Speclal collections Unrestrlcted Restrlcted Endowmant 2023 2023 2023 Total 2023 Donor United Appeal Harvest Envelope & Loose Offering GB Enrolment Service TOTAL 1,955.00 3,748.00 390.00 1,955.00 3,748.00 390.00 6 093.00 6 093.00 3. Other recelpt8 Unrestrlcted Restrlctod Endowment 2023 2023 2023 Total 2023 Donor Land Presbyterian Herald Donations Draperstown Church {shared expenses) Grave Plot 1,700.00 1,700.00 126.00 1,275.00 371.80 1,800.00 5 272.80 126.00 1,275.00 371.80 1,800.00 1772.80 3 500.00 4. Recelpt8 regardlng Organl8atlon8 Unre8trlcted Re8trlcted Endowment 2023 2023 2023 Total 2023 Sunday school TOTAL 892.04 892.04 892.04 892.04 5. Church runnlng co8t8 Unr•$trlct•d Restrlcted Endowment 2023 2023 2023 Total 2023 Grass Cutting etc Electricity Water rates Repairs Sundry expenses TOTAL 1,435.85 4,238.10 254.98 1,435.85 4,238.10 254.98 204.00 382.82 6 $15.75 204.00 382.82 6311.75 204.00
TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND an 6. Sunday School costs Unrestrlctad Restricted Endowment 2023 2023 2023 Total 2023 Sunday School Expenses TOTAL 605.53 605.53 605.53 605.63 7. Man89 costs Unrestrlctod Re8trlcted Endowment 2023 2023 2023 Total 2023 Insurance Rates Bank Charges Repairs Sundry TOTAL 698.35 805.80 39,51 698.35 805.80 39.51 305.00 305,00 1543.66 305.00 1848.66 8. Admln18tratlon ¢ost8 Unrestrlctod Re8trlcted Endowment 2023 2023 2023 Total 2023 Printing Postage & Stationery Organists Pulpit Supply 2022 Pulpit Supply 2023 Caretaker Insurance Presbyterian Herald Audit & Accountancy Sundry Bank fees TOTAL 465.00 1,000.00 127.30 1,205.40 1,170.00 3,666.35 162.00 594.00 925.88 153.74 9 469.67 465.00 1,000.00 127.30 1,205.40 1,170.00 3,666.35 162.00 594.00 925.88 153.74 9 469.67 9. Charltable donation8 Unrestrlcted Restrlcted Endowment 2023 2023 2023 Total 2023 United Appeal 2022 United Appeal 2023 Boys Brigade Girls Brigade Outreach GB Enrolment Service TOTAL 250.00 285.00 2,230.00 200.00 200.00 250.00 2,515.00 200.00 200.00 240.00 390.00 3,795.00 240.00 390.00 685.00 3,110.00 12
TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND an 10 FUND BALANCES FUND BALANCE RECEIPTS PAYMENT SURPLUSI TRANSFER BALANCE AT START IDEFICITI AT END Unrestrlcted funds General account 82,180 36,678 36,678 89,519 89 519 44,017 Restrlctod fund8 Building repairs & maintenance United Missionary appeal Outreach GB Enrolment Service Sunday School 41,531 250 240 7,792 2,230 509 2,480 240 390 606 7,283 (250) 1240) 48,814 390 399 5,540 54,354 Endowment fund8 Bequest fund 10 958 Total 140 300 55,434 154831 13