an SALTERSLAND CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees Annual Report and Financial Ststements for the year ended 31 December 2024 Registered Charity in Northern Ireland (NIC105683)
SALTERSLAND 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 2024 including a Statement of Assets and Liabilities as at that date. REFERENCE AND ADMINISTRATIVE DETAILS Saltersland congregation of the Presbyterian Church in Ireland 60 Ballymulligan Road Magherafelt Co Londonderry BT45 7TT Registered Charity in Northern Ireland (NIC105683) CHARITY TRUSTEES The Charity Trustees who served during the year or who were trustees at the date of this report were Mr W J McLernon Rev S W K Glendinning Mrs M F Cousley (deceased) Mr S A Glendinning Mr A J Johnston Mrs E Gilmour MrA Adair Mr J Johnston Mr W Htjtchinson Mr W McKinley PRINCIPAL OFFICE BEARERS Minister Rev Stewart Glendinning Clerk of Session Mr Andrew Johnston Treasurer Mr Richard Wallacelmrs Patricia Hutchinson INDEPENDENT EXAMINER David Lyitle Co Ltd 15 Meeting Street Magherafelt Co Londonderry BT45 6BN BANKERS Danske Bank Ltd POBox183 Donegall Square Wesl Belfast BT16JS
an SALTERSLAND CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) 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 and service in the local community. The Kirk Session has delegated to its Congregational Committee the temporal affairs of the congregation including administering 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 congregations. 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 the Kirk session are held as required throughout the year. To be chosen for the office of the 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 Ihe office can be either by the congregation or by the Kirk Session. Members are elected if they obtain two-thirds of those who vote. Presbytery Under the Presbyterian Church in Ireland fomi of govemance the corporate oversight of a congregation is the responsibility of a Psby1ery which superintends generally the spiritual and temporal affairs of the congregations assigned to it by the General Assembly of the Presbyterian Church in Ireland. Saltersland congregation of the Presbyterian Church has been assigned to the Tyrone 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 Assembly, minsters who have retired from active duty and an elder appointed by the Kir1( Session of the congregation. The 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 minsters and a representative elder appointed by the Kirk Session of each congregation.
'1£ an SALTERSLAND CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) DESCRIPTION AND PURPOSE The charitable purpose of the congregation is the advancement of religion. Saltersland congregation of the Presbylerian Church is a congregation of the PreSberlan 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 farthfully 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 blessings of God that belong 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 LOlS Supper is observed on occasions during the year and 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 has several organisations including Sunday School pw Junior CE Holiday Bible Club Bowling Club
an SALTERSLAND CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) ACHIEVEMENTS AND PERFORMANCE Worship and prayer The congregation normally meets for worship each Sunday at 12.00 noon. As well as our regular services during the year the Church offers Sacraments of Baptism and marriage services. As a congregation we gave thanks for faithful Services and sought to comfort those who had been bereaved during the year. At 31 December 2024 there were 98 communicant members and 75 families connected with the congregation. The average week attendance at morning worship is 52. 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, elders or by one of the congregation's pastoral visitors. Mission and outreach At a local level the congregation regularly supports Tearfund, an evangelical Christian relief and development charity, working with partners to tackle the causes and effects of poverty, bringing Jesus Christ's good news to the poor in over 100 countries around the world. 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 congregations in the areas of worship, discipleship, global mission, outreach, leadership and pastoral care. The congregation also contributes to the Sunday School project and any other special appeals. Presbytery The congregation was represented at the regular meetings of Presbylery by our minister and l or one of the elders. This provided an important link between the congregations and the wider structures 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 Buildings, Belfast in June.
an SALTERSLAND CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) Property The Church Committee continue to provide oversight and maintenance of our suite of buildings to ensure they remain frt for purpose. Organisations The Sunday School normally meets every Sunday at 10.45am where the children leam about God through various activities. 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 benefrt requirement by providing benefrt 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'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 presbweries 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, press advertisement, websites, and social media or in other ways. The benefrts are demonstrated through regular evaluation of the services and informal and ad-hoc feedback from members, their families, and members of the public. The purpose does not lead to harm. The only private benefil flowing from our purpose is related to Ministers, Missionaries, Deaconesses, Irish Mission workers and Lay Agents who receive benefits 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 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 Commissions Public benefrt requirement statutory guidance.
an SALTERSLAND CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) 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 9, 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. STATEMENT OF TRUSTEE RESPONSIBILITIES The Trustees are responsible for preparing the 8nnual 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 elected under Section 64(3) of the Charities Act (Northern Ireland) 2008 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 tts financial posstion. 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 20 and signed on its behalf by Rev Stewart Glendinning Mr Andrew Johnston Trustee Trustee A-F
an INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF SALTERSLAND CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND I report on the accounts of the Trust forthe year ended 31 December 2024, which are set out on pages 9 to 17. Respective responsibilities 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(9)(b) of the Charities Act state whether particular matters have come to my attention. Basis of independent examiner's 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)(b) of the Charities Act. My examination included a review of the accounting records kept by the charity and a comparison 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 concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe.. 1. 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 accounts to be reached. Independent examiner's statement I have completed my examination and have no concerns in respect of the matters <1) to (4) listed above and, in connection with follo g the Directions of the Charity Commission for Northern Ireland, I have foLsnd no matters th quire drawing our attention. Steph cGeag d on behalf of Davi Chartered Accountants Statutory Auditors Date: Zo 2015 Co Ltd 15 Meeting Street Magherafelt Co Londonderry BT45 6BN
an SALTERSLAND CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2024 Unrestricted Funds 2024 Restricted Endowment Funds Funds 2024 2024 Total 2024 Tota 2023 Note Recei Weekly Freewill Offering Loos8 plate collection Special collections Gift Aid Gift Aid interest Gift Aid- Unrtèd Appeal Gift Aid - Children's Society Gift Aid - World Development Gift Aid - GASDS Bank & deposit intèrest Investment income other receipts Receipts regarding Organisations Total Recei 37,200.00 269.20 5,910.00 5,614.50 0.58 37,200.00 269.20 12,228.83 5,614.50 0.58 477.50 117.00 36,249.00 379.92 12,898.47 5,615.75 184.62 538.75 133.75 85.00 1,719.03 2,173.13 495.00 9,393.06 6,318.83 477.50 117.00 1,742.58 4,272.98 421.39 9,692.24 1,742.58 4,414.57 621.39 10,342.24 141.61 200.00 650.00 4 031.04 11935.98 4 031.04 77 059.43 4 257.22 74 122.70 65 123.45 ments Presbyterian Church Church & Propèty running costs Manse costs Administration costs Charitable donations Church Organisations Total Pa ments 27,584.00 27,584.00 25,448.70 21,873.96 1,386.24 14,755.20 755.03 21,873.96 1,386.24 16,190.81 6,844.00 4 001.74 77,880.75 23,782,80 1,407,84 11,807.55 7,731.75 3 937.74 74,116.38 1,435.61 6,088.97 4 001.74 11,526.32 66,354.43 Excess of Receipts over Payments for the year before transfers 11,230.981 409.66 1821.321 6.32 Capital payments Transfers Net movement in funds 10 238.80 11,469.781 238.80 648.48 1821.321 6.32 Funds brought forward Funds carried fomard 211 088.60 209 618.82 10 586.11 11234.57 221674.71 221,668.39 220 853.39 221674.71 10
an SALTERSLAND CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2024 Unrestricted Restricted Endowment Funds Funds Funds 2024 2024 2024 Total Funds Total Funds 2024 2023 Funds Reconciliation Bank and Cash at start of year Net movement in funds 211,088.60 10,586.11 (1,469.78) 648.46 221,674.71 221,668.39 {821.32} 6.32 Bank and Cash at end of year 209,618.82 11 234.57 220,853.39 221,674.71 Bank & Cash Balances Current Accounts Deposit Accounts Cash Total Cash Funds 110,817.87 98,725.22 75.73 209,618.82 11,234.57 8,678.39 4,556.18 117,496.26 121,583.24 103,281.40 99,953.94 75.73 137.53 220,853.39 221,674.71 10 OTHER ASSETS Investment Assets Investments Other Listed Investments Other unlisted investments Investment Properties Total Investment Assets 12 16,000.00 16,000.00 16,000.00 16 000.00 16 000.00 16 000.00 Fixed assets 11 858,720.75 858,720.75 858,720.75 Total Fixed Assets 858 720.75 858 720.75 858 720.75 Approved by the Kirk Session at a meeting on and signed on its behalf by Rev Stewart Glendinning Mr Andrew Johnston Trustee Trustee 10
an SALTERSLAND CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2024 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. The Congregation has reviewed the basis on which it prepares its accounts and in order that these 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 congregation holds, in particular investments, are disclosed on the Statement of Assets and Liabilities FUND ACCOUNTING Endowment funds are funds, the capttal 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 ftjnds 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. 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 Hall Ballynenagh Old School School House The Church Building and Graveyard are deemed to be Hetitage assets as defined by the Charities SORP (FRS102). These Heritage assets are not included in the statement of assets and liabilities as information on the cost or valuation is not available and such information cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the Church. The Manse and School House have been recognised at Rateable Capital Value. No depreciation has been provided on these buildings as the current estimated residual value is not less than its carrying value and the remaining useful life currently exceeds 50 years. Glebe land has been recognised on values which the trustees deem to represent the estimated fair value of the property at 1 January 2017. The Church Hall and Ballynenagh Old School have been recognised at insurance value. 11
an SALTERSLAND CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2024 2. Special collections Unrestricted Restricted Endowment 2024 2024 2024 Total 2024 Total 2023 Donor United Appeal Harvest envelopes Harvest - loose plate collection Presbyterian Children's Society World Development RBL Poppy Appeal Organists Carols Around Christmas Tree for Air Ambulance Nl Turkey & Syria Appeal TOTAL 3,102.00 3,102.00 5,910.00 685.00 518.00 3,240.00 5,475.00 665.00 558.00 420.00 150.00 629.00 5,910.00 885.00 518.00 228.00 644.00 228.00 644.00 1,141.83 1,141.83 761.47 1,000.00 12,898.47 5.910.00 6,318.83 12.228.83 3. Other recelpt8 Unrestricted Restrlcted 2024 2024 Endowment 2024 Total 2024 Total 2023 Donor School House rent Ballynenagh School rent Manse rent NIE Wayleave Presbyterian Herald Graves - opening fees Coagh 215 pulpit Supply Ballygoney 115 pulpit Supply Church BBQ & fun night In lieu of flowers - late Mr John Brown Men's breakfast overpayment Mums & Tots account closure 215 Cheque not presented for payment TOTAL 1,440.00 520.00 5,330.00 49.91 160.00 100.00 1,440.00 520,00 5,980.00 49.91 160.00 100.00 1,440.00 520.00 8,240.00 49.01 144.00 200.00 79.50 39.75 570.00 650,00 525.00 1,500.00 525.00 1,500.00 20.00 90.80 67.33 9,692.24 67.33 10,342.24 650.00 9.393.06 4. Receipts regarding Organisations Unrestrlcted Restrlcted Endowment 2024 2024 2024 Total 2024 Total 2023 Badminton Club Bowling Club Bowling Club DAERA Grant Catering Account Holiday Bible Club Junior CE pw Sunday School TOTAL 9.05 278.60 1,366.80 9.05 278.60 1,366 80 6.10 256.62 1,404.09 0.47 510.97 724.92 262.00 1,092.05 4,257.22 1.17 725.42 250.00 1400.00 4.031.04 1.17 725.42 250.00 1400.00 4,031.04 12
an SALTERSLAND CONGREGATION OF TH E PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2024 5.Church & Property running costs Unrestricted Restricted Endowment 2024 2024 2024 Total 2024 Total 2023 Groundsman Caretaker Lawnmower fuel & repairs Electricity Telephonelinternet installation Telephonelinternet charges Water rates Repairs Hall electrical work Groundworks Church notice b08rd Hall guttering New cooker for hall Painting church Painting wall & hall porch Carpets Tiling church toilet Wall insulation hall NEC projector Organ repairs Sundry expenses TOTAL 1,251.00 2,194.00 1,251.00 2,194.00 1,215.00 2,130.00 92.00 7,702.26 5,657.02 5,657.02 880.63 125.82 202.45 60.00 1,027.40 6,700.00 880.63 125.82 202.45 60.00 1,027.40 6,700.00 207.29 413.14 1,212.00 4,200.00 600.00 600.00 3,370.00 750.00 460.00 460.00 750.00 1,820.00 250.00 2,394.00 71.64 21,873.96 250.00 2,394.00 71.84 121.11 21873.96 23 782.80 6. Manse costs Unrestricted Restricted Endowment 2024 2024 2024 Total 2024 Total 2023 Rates Repairs TOTAL 1,386.24 1,386.24 1,322.34 85.50 1,407.84 1,386.24 1,386.24 13
an SALTERSLAND CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2024 7. Administration costs Unrestricted Restricted Endowment 2024 2024 2024 Total 2024 Total 2023 Rev S Glendinning investment interest Rev S Glendinning- 10% Manse rent Ballygoney 215 pulpit supply Coagh 215 pulpit supply Coagh 215 milage claims Pulpit supply Audit fee Gift vouchers Wedding gift Printer Printing postage & stationery OrganislslPraise Band CCLI music licences Insurance Presbyterian Herald Tyrone Incidental fund Poppy wreath Bank fees Church envelopes Sundry expenses Coagh Manse 215 painting manse Coagh Manse 215 rates Christmas gifts Christmas tree & lights BBQ catering & inflatables Catering expenses Community Carol Service expenses Landlord registration 138.00 138.00 10.24 650.00 650.00 1,160.80 894.00 595.88 175.54 924.00 624.00 1,108.80 484.00 561.70 172.80 840.00 400.00 1,160.80 894.00 595.88 175.54 924.00 500.00 50.00 547.35 1,028.39 430.37 2,825.31 160.00 412.00 25.00 278.71 295.00 113.56 2,428.80 381.22 130.00 200.00 915.00 202.27 500.00 50.00 547.35 1,676.00 430.37 2,825.31 160.00 412.00 25.00 278.71 295.00 113.56 2,428.80 381.22 130.00 200.00 915.00 202.27 73.00 1,624.00 231.00 2,703.09 144.00 181.00 25.00 273.77 342.00 136.66 647.61 383.64 105.00 365.99 920.00 12.00 70.00 14,755.20 12.00 70.00 16,190.81 11,807.55 117.86 TOTAL 1435.61 14
an SALTERSLAND CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2024 31 December 2024 8. Charitable donations Unrestricted 2024 Restricted Endowment 2024 2024 Total 2024 Total 2023 Unrted Appeal lincluding Gift Aid) World Development (including Gift Aid) Presbyterian Children's Society lincluding Gift Aid) Christian Aid Turkey & Syria Appeal Junior CE Holiday Bible Club Poppy appeal Providing Hope & Llght Air Ambulance Nl Children's Hospice Macmillan Cancer Support Tear Fund Turkey & Syria Appeal TOTAL 739.50 3,579.50 4,319.00 4.120.00 505.00 635.00 635.00 691.75 500.00 200.00 200.00 150.00 200.00 200.00 200.00 228.00 228.00 0.53 15.00 781.47 685.00 762.00 700.00 665.00 500.00 7,731.75 755.03 6,088.97 6,844.00 9. Payments regarding Organisations Unrestricted 2024 Restricted Endowment 2024 2024 Total 2024 Total 2023 Badminton Club Bowling Club Bowling Club - Grant expenditurè Chairsllaptoplnotice board Bowling Club - Grant expenditure 2nd Cooker & Chairs Holiday Bible Club Junior CE pw sunday School TOTAL 449.38 449.38 249.57 1,654,83 1,366.80 1,366.80 236.55 754.53 280.00 914.48 4,001.74 236.55 754.53 280.00 914.48 4,001.74 262.77 634.89 262.00 873.68 3,937.74 15
an SALTERSLAND CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2024 10. Movement in funds At1Jan Incoming Resources Outgoing Resources Transfers At 31 Dec 2024 2024 Restricted funds Special Collections Badminton Club 761.47 6.913.33 9.05 6,532.97 1,141.83 556.18 547.13 Bowling Club Bowling Club DAERA Grant Holiday Biblè Club Junior CE 1,764.19 278.60 449.38 238.80 1,832.21 1,366.80 1.17 1,366.80 236.55 1,265.42 291.07 1,030.04 261.96 725.42 754.53 pw 195.76 250.00 280.00 165.76 Sunday School other amounts for specific expenditur8 5,761.07 1,400.00 914.48 6,246.59 991.61 991.61 10 586.11 11 935.98 11 526.32 238.80 11234.57 Unrestricted funds General Fund 211 088.60 65 123.45 66 354.43 238.80 209 618.82 211 088.60 65 123.45 68 354.43 238.80 209 618.82 Total fund8 221,674.71 77,059.43 77.880.75 220,853.39 Pur oses of Restricted Funds Special Collections relat8 to funds collected during the year for specific Church Charities which are then subsequently donated to these organisations. Badminton Club: This is a fund for the use of the Badminton Club. Bowling Club.. This is a fund for the use of the Bowling Club. Holiday Bible Club.. This is a fund for the use of the Holiday Bible Club Junior CE.. This is a fund for th& use of Junior CE. PW.. This is a fund for the use ofthe PW 11. Assets retained for the Parish's own use Glebe Ballynenagh School Land School House Manse Hall Total Opening cost at 1 Jan 2024 Additions 160.000 10,000 211,468 90.000 387,252.75 858.720.75 Closlng cost at 31 Dec 2024 160,000 10.000 211,468 90,000 387,252.75 858,720.75 16
an SALTERSLAND CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2024 NS&I Investment 12. Snvestment Assets Opening value at 1 Jan 2024 16,000 16,000 Changes in valuation Addrtions Disposals Closing value at 31 Dec 2024 13. Transactions with Trustees No trustee received any renumeration or reimbursement of expenses during the year, otherthan Mr S. A. Glendinning who received £1,251 as an honorarium for his role as Church Groundsman and his wife Ruth Glendinning £2,194 for her role as Caretaker. Rev S Glendinning received £788 being Interest on Bequests and 100/0 of Manse rent. 17