BALLYNAHArrY & CREEVAN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees Annual Report and Financial Statements for the year ended 31 December 2023 Reglstered Charlty in Northern Ireland {NIC1056501 BALLYNAHATfY & CREEVAN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT The Trustees present their Annual Report and Financial Statements for the year ended 31 December 2023 including a Statement of Assets and Liabilities as at that date. REFERENCE AND ADMINISTRATIVE DETAILS Ballynahatty & Creevan congregation of the Presbyterian Church in Ireland Creevan, Omagh, Co. Tyrone Registered Charity in Northern Sreland INIC105650} CHARITY TRUSTEES The Charity Trustees who served during the year or who were trustees at the date of this report were Rev Jonathan Cowan L Hamilton J Nevin L Black R Mccaffery PRINCIPAL OFFICE BEARERS Convenor Clerk of Session Treasurer Rev Jonathan Cowan John Nevin Cathy Clyde INDEPENDENT EXAMINER Darren Boyd ACA l Tullynadall Road Omagh Co Tyrone BT78 4DL BANKERS SOLICITORS Ulster Bank Ltd 14 High Street Omagh BT78 IBJ Mcconnell & Fyffe 21 Church St, Omagh BT78 IDG BALLYNAHArrY & CREEVAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT Iconvd) STRUCTURE AND MANAGEMENT The Klrk Sesslon The charity trustees of the congregatlon 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 and service in the local community. The Kirk Se551ons has delegated to its Congregatlonal Committee the temporal affairs of the congregation including administering all funds and property belonging to the congregation. Members of the Kirk Session are ex-offlcio members of the Congregational Committee. The Kirk Session consists of the ordained minister and the ruling elders of the congregations. All members are entitled to propose, speak and exercise equal votes at meetlngs, except that the Moderator, the ministers in active duty in the congregation, has no dellberative but only a casting vote. Stated meetings of the Kirk session are held at least twice in each year or as appropriate. To be chosen for the offlce of the eldership in the congregatlon 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 bythe 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 whlch superintends generally the spirltual and temporal affairs of the congregations asslgned to it by the General Assembly of the Presbyterian Church in Ireland. Ballynahatty & Creevan congregation of the Presbyterian Church has been 355igned to the Omagh Presbytery of the Presbyterian Church in Ireland. The membership of the Presbytery consists mainly of the active ministers of congregations assigned to it by the General Assemblyi minsters who have retired from active duty and an elder appointed by the Kirk Session of the congregation. BALLYNAHATfY & CREEVAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) The General Assembly The General Assembly is the supreme court of the Church, representing in one body the whole Church and actlng 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 busines5. At the end of business it is dissolved, The membership of the General Assembly consists mainly of the active ministers of each congregation, retired minsters and a representative elder appointed by the Kirk Session of each congregation. DESCRIPTION AND PURPOSE Ballynahatty & Creevan 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 falth in His Son and by the power of His Splrit, and to enable her members to play their part in fulfilling God's mission to our world. ACTIVITIES AND OBJECTIVES The congregatlon exists to worship God and to draw people into a saving faith In the Lord Jesus Christ. The congregation meets for Worship every Sunday and for other activities during the week. These include Sunday School, PW. Choir and Bible study Broup. The Sacraments of Baptism and the Lords Supper are celebrated throughout the year. Pastoral care is provided to everyone in the congregation and in the local communlty. The Minister and elders all contribute to providlng pastoral care within the congregation. At a local level the congregation has a wide-ranglng mission and ministry to the local community, Mission happens In many ways in our congregation. We host special mission events such as Ladies nights, family barbeques and table quizes and special church services. We contribute to the following Christian charities; Christian Aid, TearFund, Bible Societies, Scripture Unlon, World Development, Presbyterian Children's Society and other good causes as the need arises. None of this outreach, ministry and service to the community would be possible without the large number of people who volunteer to be Involved in the work and witness of Ballynahatty & Creevan Presbyterian Church. The Trustees recognise their commltment, dedication and their willingness to share their time and abilities. The church commlttee are responsible for the church property and this includes the church building, church hall, graveyard, the Manse and associated lands. The commlttee also oversee the day to day flnances of the church. The Kirk Session as trustees are responsible for all the financial matters. BALLYNAHArrY & CREEVAN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'dl PUBLIC BENEFIT STATEMENT The Presbycerian Church in Ireland meets the publlc 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 advancement of religion. The direct benefits which flow from the purposes of the Church include the gaining of an understanding in Christian beliefs as set out in the Bible and in the Church'5 subordinate Standards (the Westminster Confession of Falth 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 belief5 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 noticeboards, printed material, pres5 advertisement, websites, and soclal media or in other ways, The benefits are demonstrated through regular evaluation of the services 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 Minlster5, Missionaries, Deaconesses, Irish Mission workers and Lay Agents who receive beneflts as a result of their holding office or employment. However, this is incidental and necessary in order to further our charitable purpose. There are no other prlvate benefits. The beneficiaries of this purpose are members, their families, other indlviduals that the Presbyterian Church in Ireland is in direct and indlrect 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 indlvidual members of the publlc. The Kirk Session has had regard to the Charlty Commi5sion5 public benefit requirement statutory guidance. BALLYNAHArrY & CREEVAN CONfjREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT Iconvki FINANCIAL REVIEW The congregation's main source of income is member5, contributions through the Weekly Freewill Offering. Total donations received from the congregation during the year as FWO wa5 E15,903, compared to £14,753 in the previous year. Other amou nts were received for specific charitable collection5, from nvestment income and to off-set specific expenses, totaling £46,022. Total expenditur of £46,263 was spent during the year in achieving the church's charitable objectives. In addition to the above funds the congregation donated £7,110 for the annual harvest appeal. STATEMENT OF TRUSTEE RESPONSIBILITIES The Trustee5 are responsible for preparing the annual report and the financial statements of the congregation in accordance with applicable law and generally accepted accounting practice. As the congregation's total income does not exceed £250,000, the Trustees have elecled under Section 64131 of the Charitie5 Art (Northern Ireland) 208 to prepare a receipts and payment account and a statement of assets and liabilities. The Trustees are responsible for keeplng adequate accounti ng records that are suff icient to Show and explain the congregation's transactions and disclose with reasonable accuracy at any time its f inancial POSILion. 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 and signed on its behalf by Rev Jonathan Cowan John Nevin INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF BALLYNAHArrY AND CREEVAN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND I report on the accounts of the charity for the year ended 31 December 2023 which comprise the Statement of f inancial activity, statement of assets and liabilities and the related notes. Respectlve responslbilities of trustees and examlner As the charity's trustees you are responsible forthe preparation of the accounts in accordance with Section 64131 of the Charities Act (Northern Ireland) 2008, It is my responsibility to: Examlne the accounts under section 65 of the Charities Act; To follow the procedures laid down in the general Directions glven by the Charity Commi55ion for Northern Ireland under section 65{9llbl of the Charities Ad,. and To state whether particular matters have come to my attention Basis of Independent examinerfs report I have examined your charity accounts as requlred under section 65 of the Charities Act and my examlnation was carrled out in accordance wlth the general Dlrections given by the Charity Commission for Northern Ireland under section 6519llbl of the Charitles Art. The examinatlon included a review of the accounting records kept by the charity and a 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 the trustees concernlng such matters. My role Is to state whether any material matters have come to my attention giving me cause to believe: That accounting records were not kept in accordance with sectlon 63 of the Charities Act That the accounts do not accord with those accounting records That the accounts do not comply wlth the accountlng requlrements of the Charlties Act That there is further informatlon needed for a proper understandlng of the accounts to be reached ali INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF BALLYNAHATTY AND CREEVAN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Independent examlnerfs statement I have completed my examination and have no concerns In respect of the matters111 to141 Ilsted above and, in connection with followlng the Directions of the Charity Commls51on for Northern Ireland, I have found no matters that require drawlng your attention to. oi iol?oJ Darren Boyd ACA Date Chartered Accountant an BALLYNAHATh & CREEVAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL AcfiviTY IReceipts and Payments Account) for the year ended 31 December 2023 Note Unrestricted Funds Restrlcted Funds Endowment Funds Total 2023 Total 2022 Recelpts Donations and legacies Charitable activitles Other trading activities Investment Income Other 23,021 13,257 36,278 24,250 407 229 17 24,994 424 25,223 287 221 Total Recelpts 23,657 38,268 61,925 24,758 Payments Raising funds Charltable actlv5tles Other 17,487 28.776 46,263 30.100 Total Payments 17,487 28,776 46,263 30,100 Net recelpts / (payments) Transfers between funds 6,170 17521 9,492 752 15.662 15,3421 Net movement in funds Funds brought forward 5,418 8,610 10,244 29,915 15,662 38,525 15,3421 43,867 Funds carrled forward 12 14.028 40,159 54,187 38,525 BALLYNAHATfY & CREEVAN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2023 Unrestricted Funds Restricted Funds Endowment Total Funds Total Funds Funds 2022 2021 Funds Reconclllatlon Bank and Cash at startof year Net movement in funds 8,610 5,418 29,915 10,244 38,525 15,662 43,867 15,342) Bank and Cash at end of year 14,028 40,159 54,187 38,525 Bank & Cash Balances Bank Current Accounts Cash in Hand 54,187 38,525 54,187 38,525 Other Informatlon Investments- Note 11 16,623 15,243 Approved by the Kirk Sesslon at a meeting on signed on its behalf by Rev Jonathan Cowan john Nevin Date Date an BALLYNAHATfY & CREEVAN CONGREGATION OF THE PRES3YTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2023 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total income of the congregatlon 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 basls. FUNDACCOUNTING Endowment funds ère 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. Restrlcted funds comprise (al income from endowments which is to be expended only on the restricted purpose5 intended by the donor and Ibl revenue donations or grants for a speciflc congregational attivlty 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 Unrestrlcted Funds Restrlcted Funds Endowment Funds Total Total 2022 2023 Recorded giving: Loose collections Donatlons and gift5 Gift Aid Legacies and bequest 15,496 514 3,080 3,931 10,732 206 1,740 579 26,228 720 4,820 4,510 18,425 269 1,765 3,791 23,021 13,257 36,278 24,250 an BALLYNAHATfY & CREEVAN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2023 CHARITABLE AcfiviTIES Unrestrlcted Funds Restrlcted Funds Endowment Total 2023 Total 2022 Funds Incorne from charitable activities Fees from weddings and funerals Fundrai51ng events Membershipfees Grants OTHER TRADING AcfiviTIES Unrestricted Funds Restrlcted Funds Endowment Total 2023 Total 2022 Funds Lettlng of premlses Trading Income INVESTMENT INCOME Unrestrlcted Funds Restrlcted Funds Endowment Total 2023 Total 2022 Funds Dep051t Interest General Investment Fund Rents investment propertles Other investment Income 170 237 170 254 26 261 17 407 17 424 287 an BALLYNAHATfY & CREEVAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2023 OTHER INCOME Unrestrlcted Funds Restrlded Funds Endowment Funds Total 2023 Total 2022 Insurance claims Other income 24,994 24,994 229 229 221 229 24,994 25,223 221 RAISING FUNDS Unrestrlcted Funds Restricted Funds Endowment Total 2023 Total 2022 Fund5 FWO envelopes Fundraising events CHARITABLE ACTIVITIES Unrestricted Funds Restrlcted Funds Endowment Total 2023 Fund5 Total 2022 General Assembly Asse55ment5 Presbytery fees Ministry and support staff costs Congregational runnln8 expenses Donations to Missions and charltles Governance costs 1,060 156 8,192 8,079 1,060 156 8,192 33,757 3,098 3,953 140 17,528 5,629 2,850 25,678 3.098 17,487 28,776 46,263 30,100 an BALLYNAHATfY & CREEVAN CONGREGATION OF THE pREsB￿ER1AN CHURCH IN IRELAND NOTES TO THE ACCOUNTS Icont'd) 31 December 2023 OTHER EXPENDITURE Unrestricted Funds Restrlcted Funds Endowment Total 2023 Funds Total 2022 Investment properties expenses 10. FIXED ASSETS The congregation owns the Church premises situated at Loughmuck Road, Omagh and the associated fixtures, fittings, plant and machinery. These have an insurance value of £810,997. 11. INVESTMENTS The congregation has the following investments. Amounts are shown at market valuation. The gain in the value of the Investments held with the General Investment Fund is a gain in the value of shares during 2023. A5 per guidelines from Church House (after receipt of information from PMS) the balance from PMS has been written off. 2023 2022 General Investment Fund 16,623 15,243 16,623 15,243 an BALLYNAHATfY & CREEVAN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {cont'd) 31 December 2023 12. FUND BALANCES Fund Balance at start Surplus l Transfer {Dellcltl Recelpts Payment Balance at end Unrestrlcted Funds General Fund 8,610 23,657 17.487 6,170 17521 14,028 8,610 23,657 17,487 6,170 1752) 14,028 Restrlcted Funds Property Fund Missions and charities pw Treasury Stock Matured 22,769 805 824 5,517 35,234 2,564 470 25,067 3,198 511 10,167 16341 1411 32,936 923 783 5,517 752 29,915 38,268 28,776 9,492 752 40,159 Total 38,525 61,925 46,263 15,662 54,187 The congregation has reviewed the basis on which it prepares its accounts and In order that they are prepared on 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 conEregation hold, in particular investments are disclosed in the Statement of Assets and Llabllltles.