an Registered Charity in Northern Ireland NIC 105643 TOBERMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
TOBERMORE PRESBYfEIUAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND an TRUSTEES ANNUAL REPORT The Trustees of Tobermore Congregation of the Presbyterian Church in Ireland Psent their Annual Report and Financial Statements for the year ended 31 December 2024 and a Statement of Assets and Liabilities as at that date. REFERENCE AND ADMINSTRATIVE DETAILS Tobermore Congregation of the Presbyterian Church in Iland, 38 Main Street, Tobermore, Magherafelt, Co. Londonderry BT45 5PW Registered Charity in Northem Iland (NIC 105643) CHARITY TRUSTEES The Charlty Trustees who served during the year or who were trustees at the date of this report were: Rev Trevor Boyd Mr Ivan Brown Mr Jim Davlson PRINCIPAL OFFICE BEARERS Minister Interim Clerk of Session Treasurer Secretary Rev Trevor Boyd Mr Jackie Hamilton Mr AndW Johnston Mr Gareth Campbell INDEPENDENT EXAMINER Davld Lle & Co, Chartered Accountants, 15 Meeting Street, Magherafelt, BT45 6BN BANKERS Ulster BanK 20 Broad Street, Magherafelt, BT45 6JR SOLIcrroRS Burnside & Logue, 43 Main Street, Maghera, BT46 SAA
TOBERMORE PRESBYTERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND an TRUSTEES ANNUAL REPORT- CONT'D STRUCTURE AND MANAGEMENT The Interlm Session The charity trustees of the congregation are the members of its Interim Session. Under the congregation's governing document, The Code, the book of the constitution and government of the Presbyterian Church in Iland, 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 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 Interim Session has delegated to its Congregational Committee the temporal affairs of the congregatlon Including administering all funds and property belonging to the congregation. Members of the Interim Session are ex-officio members of the Congregational Committee. The Interlm Sesslon consists of the ordained minister and elected elders of other congregations withln the Tyrone Presbytery. All members are entitled to propose, speak and exercise equal votes at meetings, expt that the Moderator, the minister in active duty in the congregatlon, has no deliberative but only a casting vote. Stated meetlngs of the Interim Se55ion are held each year as requid. To be chosen for the office of the eldershlp In the congregation a person must be a votlng member and a regular attendant on Its Ordinan5. The selection of those proposed to be called to the office can be either by the congregation or by the Klrk Sesslon. Members are elected if they obtain the votes of two-thlrds of those who vote. Presbytery Under the Presbyterian Church in Ireland form of governan the corporate overslght of a congregatlon is the sponslbillty of a PSbYtery which superintends generally the spiritual and temporal affairs of the congregations assigned to it by the General Assembly of the Presbyterian Church in Ireland. Tobermore congregation of the Presbyterian Church has been assigned to the Tyrone Presbytery of the Presbyterian Church in Ireland. The membership of the Presbytery conslsts mainly of the active minlsters 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 Sessions of the congregations. The General Assembly The General Assembly is the supreme court of the Church, preSentIng In one body the whole Church and acting as Its supreme legislative, administrative 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 con5i5ts mainly 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 PRESBrfERIAN CHURCH IN IRELAND an TRusfEES ANNUAL REPORT- CONT'D DESCRIPTION AND PURPOSE The charltable purpose of the congregation is the advanrnent of religion. Tobermore 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 Sove and honour through faith in His Son and by the power of His Spirit, and to enable our members to play thelr part in fulfilling God's mission to our world. The congregation's mission purpose is, by the gra of God, to help people of all ages become fully devoted followers of Jesus Chrlst. Our vision Is, by the grace of God, to be an Incluslve, welcomlng community of Christ's people of all ages, which: is increasingly characterised by love for God, and love and conrn for others. Is committed to the historic Christian gospel as vealed In the Bible; Is relevant to people of this time and place. ACHIEVEMENTS AND PERFORMANCE The followlng sections outline the normal activlties of the congregation. The congregation meets for worship every Sunday and vlsltors are welcome to join in. The sacrament of the Lord's Supper was observed during the year and all those who have been baptised and who have made a profession of faith in the Lord Jesus Christ are admltted to the Lord's Supper. The congregation holds regular bible study meetings and has an actlve Christian Endeavour and Sunday School. WORSHIP AND PRAYER The congregatlon normally meets for worship each Sunday at 12.15pm and has an evenlng servlce as requlred on special occasions. During the week the Bible Study and Prayer Meeting provldes 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 when permitted during the year, there were no Sacraments of Baptism or marriage services but we gave thanks for faithful serViS and sought to comfort those who had been bereaved during the year. At 31 December 2024 there We 48 communicant members and 61 famllles connected wlth the congregation. The average week attendance at morning worship is 30. Pastoral care Members of the congregation are visited by the Minister and elders. Those who are sick, elderly, the bereaved and those facing difficult circumstances are given special attention through regular visits and the provision of support, friendship and prayer.
TobERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND an TRusfEES ANNUAL REPORT- CONT'D Mission and outreach Meeting together for Sunday worship is at the centre of the life of our church family and continues to be well supported. We COgnIse 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 family of all-ages and stages in His presence and to leave challenged to be agents of change in the spheres of worl( and life to which we return. The congregation also supports the United Appeal for Mission 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 congregations with the deployment of locally based staff, enables church planting, provides grant support for the upkeep of church premises, asslsts with the running costs of Union Theological College, the Church's training college for ministry students, and financially supports congregations in the areas of worshipi discipleship, global mission, outreach, leadershlp and pastoral care. Presbytery The congregatlon was represented at the regular meetings of Presbytery by one of the interim sesslon. Thls provldes an important Ilnk between the congregatlon and the wider structures of the church. General Assembly One of the interim sesslon was nominated to attend the meetlng of the General Assembly of the Presbyterian Church In Ireland to be held In Assembly Buildings, Belfast, in June. Property There were no exceptional costs assoclated with the Church Manse or other property during the year. Volunteers The Trustees wlsh to acknowledge their deep appreciation of those who give freely of their tlme by servlng on committees and helping wlth organisations and other church activities.
TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND an TRUSTEES ANNUAL REPORT- CONT'D PUBLIC BENEFIT STATEMENT The Presbyterian Church in Ireland meets the public benefit requirement by providing benefit to its members and the general public by making known the Christian Gospel of the Lord Jesus Christ through the advanment 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 practlcal expressions of Christian beliefs and standards in the local community such as through the care of those in need (includlng the sick, disabled and bereaved). Generally the above benefits are delivered locally by congregations and their members, or are facilitsted through presbyteries or are organised and delivered centrally. Local delivery is facilitated by ntral resources in almost all cases. Publlc aCsS is made known through the use of noticeboards, printed material, press advertisement, websites, and social media or in other ways. The benefits are demonstrated through regular evaluation of the ServIS 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, Mlsslonaries, Deaconesses, Irlsh Mission workers and Lay Agents who receive benefits as a result of thelr holdlng office or employment. However, thls is Incidental and necessary in order to further our charitable purpose. There are no other private benefits. The beneficiaries of thls 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 ServIS are provlded and other communities throughout Northern Ireland, the Republic of Ireland, and worldwlde which benefit from our engagement wlth and support for both Christian and other secular organisations, charities and individual members of the public. The Kirk Session has had regard to the Charlty Commissions Public benefit requlrement statutory guidance. 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 PRESBYTERIAN CHURCH IN IRELAND an TRUSTEES ANNUAL REPORT- CONT'D STATEMENT OF TRUSTEE RESPONSIBILrrIES The Trustees are responsible for preparing the annual report and the financial ststements of the congregation in accordance with applicable law and generally accepted accounting practice. As the congregations totsl 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 ststement of assets and liabilities. The Trustees are responsible for kpIng 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 conggatIOn and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Interlm Sesslon at a meetlng on% 30 ' *£S and slgned on its behalf by: Rev Trevor Boyd Mr Jim Davlson
TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND an INDEPENDENT EXAMINER'S REPORTTOTHE CHARITYTRUSTEES OFTOBERMORE CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND I report on the accounts for the year ended 31 Dember 2024, which are set out on pages 8 to 14. Respective responsibilities of charity trustees and examiner As the charity's trustees, you are responsible for the preparation of the accounts in accordan with the Charities Act (Northern Ireland) 2008. It is my SpOnsIbl11ty to: Examine the accounts under section 65 of the Charities Act Follow the procedures laid down in the general direttions given by the Commission under Sectlon 65{9)(b) of the Charities Act State whether particular matters have come to my attentlon. Basls of Independent examlner's report I have examined your charlty accounts as required under Section 65 of the Charities Act and my examination was carried out in accordan wlth the general dlrectlons glven by the Charity Commission for Northem Ireland under Sectlon 65 (9)(b) of the Charities Act. My examlnation Included a revlew of the accounting records kept by the charity and comparlson of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concernlng any such matters. My role Is to stste whether any materlal matters have come to my attentlon glvlng me cause to belleve: l. The accounting records were not kept in accordan 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 Charlties Act. 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent examl rf$ ststement I have mpleted my e owing the dire attention. ination and have no concerns in respect of the matters (l) to (4) listed above and, in connectlon of the Charity Commisslon for Northern Iland, I have found no matters that QUire drawing to Step eagh BA Ho nd ehalf of David Ly Chart•rod Aceountants Statutory Audltors ACTA +CoLtd Date: 15 Meeting Street Magherafelt Co Londonderry BT45 6BN
TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND an Recelpts and Payments Account for the year ended 31 December 2024 Unrestricted Funds 2024 Restricted Endowment Funds Funds 2024 Total Total Note 2024 2024 2023 Recei Weekly Freewill Offering Sabbath Collection Special Collections Gift Aid Gift Aid - GASDS Investment income Other receipts Receipts regarding Organisations Total Recel ts 36,587.00 2,648.75 36,587.00 2,648.75 5,759.00 8,168.81 34,660.50 3,373.00 6,093.00 4,154.67 988.00 5,759.00 1,125.25 7,043.56 950.90 950.90 5,178.98 623.08 2,028.98 3,150.00 623.08 10,657.33 5,272.80 892.04 55,434.01 49,259.19 59,916.52 Pa monts General Assembly Assessments Church Running Costs Sunday School Costs Manse Costs Administration Costs Charitable Donations 19,621.17 6,043.85 19,621.17 7,505.85 1,584.87 1,939.57 9,150.06 3,597.25 43,398.77 18,668.38 6,515.75 605.53 1,848.66 9,470.67 3,795.00 40,903.99 1,462.00 1,584.87 336.00 1,603.57 9,150.06 600.00 2,997.25 6,380.12 Total Pa ments 37,018.65 Excess of Racalpts over Payments for the year before transfers 12,240.54 4,277.21 16,517.75 14,530.02 Capltal payments Transfers Transfer to Investment (31,520.30) {31,520.30) Net movement in funds 12,240.54 (27,243.09) (15,002.55) 14,530.02 Funds brought forward 89,517.61 54,355.00 10,958.00 154,830.61 140,300.59 Funds carried forward 10 101,758.15 27,111.91 10,958.00 139,828.06 154,830.61
TOBERMORE PRESBYTERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND an STATEMENT OF ASSETS AND LIABILrrIES ASAT31 DECEMBER 2024 UNRESTRICTED RESTRIcfED ENDOWMENT TOTAL TOTAL FUNDS FUNDS FUNDS 2024 2023 Funds Reconciliation Bank & cash at start of year Net movement In funds Bank & cash at end of year 89,517.61 12 240.54 54,355.00 -27 243.09 10,958.00 0.00 154,830.61 -15 002.55 140,300.59 14 530.02 101758.15 27 111.91 10 958.00 139 828.06 154 830.61 Bank & cash balances Bank deposit accounts Bank current accounts Cash in hand 62,748.90 77,079.16 61,798.00 93,032.61 139 828.06 154 830.61 Other assets Flxed assets Church Premises Fixtures, Fittings & Equipment Car Park 3,950,540.00 58,351.00 31520.30 4 040 411.30 3,950,540.00 58,351.00 4 008 891.00 Llabllltles Loans (Interest free) Approved by the Interim Session at a meeting on> 3ts ' ZS and signed on its behalf by Rev. Trevor Boyd Mr Jim Davison
TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBrrERIAN 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 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 (al 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. STATEMENT OF ASSETS AND LIA81LITIES FIXED ASSETS The assets of the congregation, relained for its own use comprise-.- Church Building and Graveyard Manse Glebe land 10
TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND an 2. Special collections Unrnstrictad Rastrlcted Endowment 2024 2024 Total 2024 Total 2023 Donor 2024 United Appeal Harvest Envelope & Loose Offering GB Enrolment Service BB Enrolment Service Carol Service 2023 Tearfund Carol Service 2024 Presbyterian Children's Society Soup Lunch for Gary & Mary Reid TOTAL 1,630.00 1,630.00 1,955.00 3,133.00 3,133.00 3,748.00 390.00 308.50 308.50 iio.00 110.00 282.50 282.50 295.00 295.00 5,759.00 5,759.00 6,093.00 3. Other rocelpts Unrestrlcted Restricted Endowmont 2024 2024 2024 Total Total 2023 Donor 2024 Land Presbyterian Herald Donations Draperstown Church (shared expenses) Grave Plot PCI Refunds Uncashed Cheque 1,700.00 1,700.00 100.00 1,700.00 126.00 1,275.00 371.80 1,800,00 100.00 317.00 317.00 1,450.00 1,111.98 500.00 1,450.00 1,111.98 500.00 2,028.98 3,150.00 5,178.98 5,272.80 4. Recelpts regardlng Organl8ations Unrestrlcted Restrlcted Endowment 2024 2024 2024 Total 2024 Total 2023 Sunday school TOTAL 623.08 623.08 892.04 623.08 623.08 892.04
TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfEIUAN CHURCH IN IRELAND an 5. Church running costs Unrestrictad Restrlcted Endowment 2024 2024 Total 2024 Total 2023 2024 Grass Cutting etc Electricity Water rates Repairs Sundry expenses TOTAL 1,390.72 3,878.90 226.29 1,390.72 3,878.90 226.29 1,462.00 547.94 1,435.85 4,238.10 254.98 204.00 382.82 1,462.00 547.94 6,043.85 1,462.00 7,505.85 6,515.75 6. Sunday School cost8 Unrestrlctgd Restricted Endowment 2024 2024 2024 Total 2024 Total 2023 Sunday School Expenses TOTAL 1,584.87 1,584.87 1,584.87 1,584.87 605.53 605.53 7. Man88 cost8 Unrastrlctod Restrlcted Endowment 2024 2024 Total 2024 Total 2023 2024 Insurance Rates Bank Charges Repairs Sundry TOTAL 728.32 844.74 30.51 728.32 844.74 30.51 336.00 698.35 805.80 39.51 305.00 336.00 1,603.57 336.00 1,939.57 1,848.66 8. Adminlstration costs Unrestrlct•d Restrict•d Endowment 2024 2024 2024 Total 2024 Total 2023 Printing Postage & Stationery Organists Pulpit Supply 2022 Pulpit Supply 2023 Pulpit Supply 2024 Caretaker Insurance Presbyterian Herald Audit & Accountancy Sundry Bank fees TOTAL 410.00 740.00 410.00 740.00 465.00 I,ooo.00 127.30 1,205.40 1,778.18 915.00 3,823.67 loo.00 1,778.18 915.00 3,823.67 100.00 720.00 518.27 144.94 1,170.00 3,666.35 162.00 594.00 926.88 720.00 518.27 144.94 153.74 9,150.06 9,150.06 9,470.67 12
TOBERMORE PRESBYfEIUAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND an 9. Charltable donations Unrestricted Restricted Endowment 2024 2024 2024 Total 2024 Total 2023 United Appeal 2022 United Appeal 2023 United Appeal 2024 Boys Brigade Girls Brigade Outreach GB Enrolment Service BB Enrolment Service Carol Service 2023 Tearfund Carol Service 2024 Presbyterian Children's Society Soup Lunch for Gary & Mary Reid TOTAL 250.00 2,515.00 2,001.25 2,001.25 300.00 300.00 300.00 300.00 200.00 200.00 240.00 390.00 308.50 308.50 110.00 iio.00 282.50 295.00 282.50 295.00 600.00 2,997.25 3,597.25 3,795.00 10 Movement In funds FUND BALANCE RECEIPTS PAYMENT SURPWSI (DEFIcrr) TRANSFER BALANCE AT sfART AT END Unrestrlcted funds General account 89 517.61 49 259.19 37 018.65 12 240.54 101758.15 89 517.61 49 259.19 37 018.65 12 240.54 101758.15 Restrlcted funds Building repairs & maintenance United Mlsslonary appeal Carol Servitr 2023 Tearfund Carol servi 2024 Tearfund Soup Lunch for Gary & Mary Reid BB Enrolment Servi Sunday School 48,814.53 6,876.25 2,001.25 110.00 282.50 295.00 308.50 783.83 10 657.33 33,318.30 (26,+12.05) 2,001.25 0.00 110.00 0.00 282.50 0.00 295.00 0.00 308.50 0.00 1584.87 801.04 37 900.42 27 243.09 22,372.48 5 540.47 54 355.00 4 739.43 27 111.91 Endowment funds Bequest fund 10 958.00 10 958.00 10 958.00 10 958.00 Totsl 154 830.61 59 916.52 74 919.07 15 002.55 139 828.06 13
TOIIERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND an Pur oses of Restricted Funds Building repairs & maintenance.. This is a fund for property repairs and maintenance. Special Collections relate to funds collected during the year for specific Church Charities which are then subsequently donated to these organisations. Sunday School: This is a fund for the use of the Sunday School. 14