an
COAGH CONGREGATION OF THE
PRESBYTERIAN CHURCH IN IRELAND
Trustees Annual Report and Financial Statements
for the year ended 31 December 2024
11
Registered Charity in Northern Ireland (NIC105685)

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COAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELANDTRUSTEES
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
Coagh congregation of the Presbyterian Church in Ireland
1 Welbourne Place
Coagh
Cookstown
Co Tyrone
BT80 OEZ
Registered Charity in Northern Ireland (NIC105685)
CHARITY TRUSTEES
The Charity Trustees who served during the year or who were trustees at the date of this report were
Rev. Stewart Glendinning
Mrs Amy Allingham
PRINCIPAL OFFICE BEARERS
Minister
Clerk of Session
Treasurer
Rev. Stewart Glendinning
Mrs Amy Allingham
Mr Richard Mccrea
INDEPENDENT EXAMINER
David Lyttle + Co Ltd
15 Meeting Street
Magherafelt
Co Londonderry
BT45 6BN
BANKERS
Danske Bank
Donegall Square West
Belfast
BT16JS

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COAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
TRUSTEES ANNUAL REPORT (cont'd)
STRUCTURE AND MANAGEMENT
The Klrk 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 propety 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 ministers 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 the office can be either by the
congregation or by the Kirk Session. Members are elected if they obtain ￿0-thIrdS of those who vote.
Pra8bytery
Under the Presbyterian Church in Ireland form 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. Coagh 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 Kirk Session of the
congregation.
The General A88embly
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.

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COAGH 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.
Coagh congregation of the Presbyterian Church is a congregalion 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 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 oul 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 ou￿ard 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 Westminsler 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 Lords
Supper is observed on several 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
Women's Association
United Midweek Fellowship
FUEL
Bowling Club
Time & Talent Group

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COAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
TRUSTEES ANNUAL REPORT (cont'd)
ACHIEVEMENTS AND PERFORMANCE
Worshlp and prayer
The congregation normally meets for worship each Sunday at 10'.45am.
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 30 communicant members and 65 families connected with the congregation. The
average week attendance at morning worship is 30.
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.
MIs8lon and outreach
At a local level the congregation regularly supports appeals made by Church House. During the year the
congregation supported numerous charitable organisations through special collections and from Church fund.
The Time and Talent group was set up to promote fellowship and friendship through various craft activities. The
group meets normally twice a month and has average attendance of 55 people at each session. The group also
organises a number of outings for members throughout the year. Fund raising is also carried out to support various
organisations.
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 Appe81 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 denominations annual World Development Appeal, Sunday School project
and any other special appeals.

an
COAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
TRUSTEES ANNUAL REPORT {cont'd)
Presbytery
The congregation was represented at the regular meetings of Presbytery by our minister and l or one of the elders.
This provides an important link be￿een the congregations and the wider structures of the church.
General Assembly
The minister was nominated to attend the meeting of the General Assembly of the Presbyterian Church in Ireland
held in Assembly Buildings, Belfast, in June.
Property
The Church Committee continue lo provide oversight and maintenance of our suite of buildings to ensure they
remain fit for purpose.
Organ18atlons
The Sunday School meets every Sunday at 9.45am where the children learn 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 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 understsnding 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 beliets 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, press advertisement,
websites, and social media or in other ways.
The benefits 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 benefit 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 pasloral 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 benefit requirement statutory guidance.

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COAGH 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 annual report and the financial ststements 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 Ifeland) 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
respbnsible for safeguarding the assets of the congregation and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
I r/&/tf
Approved by the Kirk Session at a meeting on
and signed on its behalf by
Rev Stewart Glendinning
Trust••
Date Ir TL•nL &)ir

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INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF COAGH CONGREGATION
OF THE PRESBYTERIAN CHURCH IN IRELAND
I report on the accounts of the Trust for the year ended 31 December 2024, which are set out on pages 9 to 16.
Respective responslbllities of charity trustees and examiner
As the charily'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 undef 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.
Basls of Independent examlner'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)Ib) 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 examlner's statement
I have
ompleted my exa
ination and have no concerns in respect of the matters {1) to (4) listed above and, in
conne
ion with following
e Directions of the Charity Commission for Northern Ireland, I have found no matters
that r
uire drawing to y
attention.
Date
2 f/G12rt,"
for and on behalf of David Lyttle + Co Ltd
Chartered Accountants
Statutory Audltors
15 Meeting Street
Magherafelt
Co Londonderry
BT45 6BN

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COAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)
for the year ended 31 December 2024
Coagh Presbyterian Church
Recelpts and Paymonts Account for tha year ended 31 December 2024
Unrestricted Restrlcted
Funds
Funds
2024
2024
Total
Total
Noto
2024
2023
Recel t8
Weekly Freewill Offering
Sabbath Collection
Special Collections
Bank & Deposit interest
Investment income
Other receipts
Receipts regarding Organisations
Total Recel ts
32,046.00
467.07
10,505.00
736.15
4,380.00
17,495.61
32,046.00 27,576.00
467.07
158.00
16,622.00 18,619.90
736.15
642.00
4,380.00
4,380.00
469.99 17,965.60 11,547.53
2,300.95
2,300.95
2,216.21
8,887.94 74,517.77 65,139.64
6,117.00
65,629.83
Pa
ments
General Assembly Assessments
Church Running Costs
Sunday School Costs
Manse Costs
Adminislration Costs
Charitable Donations
Payments regarding Organisations
Total Pa
ments
27,364.50
14,355.57
27,364.50 25,741.00
14,355.57 21,885.63
544.39
435.24
7,345.00
1,229.00
6,641.55
5,369.00
6,117.00
7,117.00
7,407.00
2,233.89
2,233.89
2,929.26
8,895.28 65,601.90 64,996.13
544.39
7,345.00
6,641.55
1,000.00
10
11
56,706.62
Excess of Receipts ov•r Payments for the
year before tran8f•r8
8,923.21
(7.34)
8,915.87
143.51
Capltal Payments
Capltal Grants Recolvad
Transfer8
227.12
(227.12)
Net movement in funds
9,150.33
(234.46)
8,915.87
143.51
Funds brought forward
201,122.30
4.536.97 205,659.27 205,515.76
Funds carriod forward
12
210,272.63
4,302.51 214,575.14 205,659.27

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COAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES
AS AT 31 DECEMBER 2024
Unrestricted
Funds
2024
Restrlcted
Funds
2024
Total Funds
Total Funds
2024
2023
Funds Reconciliation
Bank and Cash at start of
year
Net movement in funds
201,122.30
205,659.27
205,515.76
4,536.97
9,150.33
(234.46)
8,915.87
143.51
Bank and Cash at end of year
210,272.63
4,302.51
214,575.14
205,659.27
Bank & Cash Balances
Current Accounts
Deposit Accounts
Cash
165,342.31
44,930.32
4,302.51
169,644.82
44,930.32
168,578.29
37,080.98
Total Cash Fund8
12
210,272.63
4,302.51
214,575.14
205,659.27
OTHER ASSETS
Inv08tment A88ets
Investments
Other Listed Investments
Other unlisted investments
Investment Properties
Total Investment Assets
4,801.92
4,801.92
10,689.92
13
4,801.92
4,801.92
10,689.92
Fixed assets
14
579,161.00
579,161.00
579,161.00
Total Flxed Assets
579,161.00
579,161.00
579,161.00
Approved by the Kirk Session at a meeting on
and signed on its behalf by
Rev Stewart Glendinning
Trustee
Date
10

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COAGH 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.
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 Ib} 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
Church Hall
Manse
Manse Land
The Church Building and Graveyard are deemed to be Heritage 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 parish.
The Manse, Manse Land and Church Hall have been recognised on values which the Trustees deem to represent
the estimated fair value of the property at 1 January 2017. No depreciation has been provided on this building
as the current estimated residual value is not less than its carrying value and the remaining useful life currently
exceeds 50 years.
11

an
COAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS 31 December 2024
2. Special collections
Unrestricted Restrlcted
2024
2024
Total
2024
Total
2023
Donor
United Appeal
United Appeal - Gift Aid
World Development Appeal
World Development Appeal - Gift Aid
Harvest Envelope & Loose Offering
Gift Aid on Harvest Collection
PW Service Collection
Royal British Legion
Christian Aid
Orange Service
Childrens Day - To Sunday School
Childrens Society Appeal
Stand By Me
Syria Appeal
RUTH
Asia Link
TOTAL
2,710.00
2,710.00
2,465.00
392.57
970.00
224.33
10,505.00 10,791.00
1,458.00
245.00
77.00
470.00
40.00
242.00
340.00
501.00
404.00
1,235.00
1,235.00
10,505.00
220.00
162.00
345.00
220.00
162.00
345.00
285.00
345.00
285.00
345.00
445.00
445.00
370.00
370.00
6,117.00 16,622.00 18 619.90
10,505.00
3. Investment Income
Unrgstrlctod Rostrlcted
2024
2024
Total
2024
Total
2023
Donor
Mast Rent
Manse Field Rent
TOTAL
4,060.00
320.00
4,380.00
4,060.00
320.00
4,380.00
4,060.00
320.00
4,380.00
4. Other recelpts
Unre8trlcted Restrlcted
2024
2024
Total
2024
Total
2023
Donor
Gift Aid
Hall Rent
Heat & Light
Power Nl
Pulpit Supply and Shared Costs
Coagh Primary School
Repair Fund
Sundry
Donation
Funeral DonationslFees
Sunday School
Bequest
TOTAL
3,741.10
600.00
30.00
5.00
2,114.00
340.00
20.00
5.00
6,449.86
1,350.00
138.75
5,898.00
150.00
3,050.00
340.00
20.00
5.00
6,449.86
1,350.00
138.75
5,898.00
150.00
3,050.00
469.99
94.00
17,965.60
180.00
2,143.00
50.00
1,610.00
1,021.43
53.00
11,547.53
469.99
94.00
17,495.61
469.99
12

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COAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS 31 December 2024
6. Recelpts regarding Organisations
Unrastrlcted Restrictad
2024
2024
Total
2024
Total
2022
United Midweek Fellowship
Presbyterian Women's
Bowling Club
Mums & Tots
TOTAL
649.14
1,638.49
13.32
649.14
1,638.49
13.32
594.01
1,610.87
11.33
2,300.95
2,300.95
2,216.21
6. Church runnlng costs
Unrastrlcted Restricted
2024
2024
Total
2024
Total
2023
Cleaning
Pulpit Supply
Grass Cutting
Electricity
Heat
Water Rates
Repairs
Mileage
Sundry expenses
TOTAL
1,092.00
2,448.00
1,980.00
2,238.15
1,165.00
372.00
2,074.00
1,490.00
1496.42
14,355.57
1,092.00
2,448.00
1,980.00
2,238.15
1,165.00
372.00
2,074.00
1,490.00
1496.42
14 355.57
1,117.00
1,210.00
1,980.00
1,772.00
1,475.00
308.00
11,900.94
1,404.00
718.69
21,885.63
7. Sunday School cost8
Unrestricted Restrlcted
2024
2024
Total
2024
Total
2023
Teaching Materials
Donations
Sunday School Prizes
Sundry Expenses
TOTAL
319.39
225.00
319.39
225.00
116.00
25.00
264.24
30.00
435.24
544.39
544.39
8. Manse cost8
Unre8trlcted Restrlet•d
2024
2024
Total
2024
Total
2023
Rates
Field Rent
Painting Manse
TOTAL
953.00
320.00
6,072.00
7,345.00
953.00
320.00
6,072.00
7,345.00
909.00
320.00
1,229.00
13

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COAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS 31 December 2024
9. Administratlon costs
Unrestricted Restricted
2024
2024
Total
2024
Total
2023
Audit & Accountancy
Printing Postage & Stalionery
Presbytery Incidental Fund
Shared Expenses
Insurance
Bank Fees
Bequest
Gifts
Legal Fees
Sundry Expenses
TOTAL
780.00
390.00
399.00
1,160.00
1,798.00
404.17
183.00
500.00
748.00
279.38
6,641.55
780.00
390.00
399.00
1,160.00
1,798.00
404.17
183.00
500.00
748.00
279.38
6,641.55
720.00
390.00
185.00
1,189.00
1,715.00
382.00
114.00
458.00
216.00
5 369.00
10. Charltablo donatlons
Unro8trlcted Re8trlcted
2024
2024
Total
2024
Total
2023
United Appeal
World Development Appeal
PW Service Collection
Royal British Legion
Christian Aid
Samaritans Purse
Stand By Me
Orange Service
Sunday School Donation
Childrens Society Appeal
Syria Appeal
Sarah Armstrong
RUTH
Asia Link
TOTAL
975.00
2,710.00
1,235.00
220.00
162.00
345.00
3,685.00
1,235.00
220.00
187.00
345.00
2,893.67
1,194.33
245.00
77.00
470.00
500.00
501.00
40.00
242.00
340.00
404.00
500.00
25.00
285.00
345.00
285.00
345.00
445.00
370.00
6 117.00
445.00
370.00
7,117.00
1000.00
7,407.00
11. Payments regardlng Organi8ation8
Unrestrlcted Re8trlcted
2024
2024
Total
2024
Total
2023
Presbyterian Women's
United Midweek Fellowship
Mums & Tots
Holiday Bible Club
TOTAL
1,733.89
500.00
1,733.89
500.00
2,093.26
500.00
136.00
200.00
2,929.26
2,233.89
2,233.89
14

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COAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS 31 December 2024
12. Fund Balances
At1Jan
Incoming
Outgolng Transfers
2024 Resources Resources
At 31 Dec
2024
Restrlcted funds
Special Collections
United Midweek Fellowship
Coagh Time and Talent
Presbyterian Women's
FUEL
Bowling Club
Mums & Tots
Sunday School
6,117.00
649.14
6,117.00
500.00
1,024.01
850.66
144.21
283.81
889.85
1,173.15
850.66
48.81
283.81
903.17
1,638.49
1,733.89
13.32
1,344.43
469.99
544.39
1,270.03
4,536.97
8,887.94
8,895.28
4,529.63
Unr•strlctod fund8
General Fund
201,122.30 65,629.83 56,706.62
210,045.51
201,122.30 65,629.83
56,706.62
210,045.51
Total funds
205,659.27
74,517.77
65,601.90
214,575.14
Pur
es
f R stricled Funds
Special Collections relate to funds collected during the year for specific Church Charlties which are then
subsequently donated to these organisations.
United Midweek Fellowship: This is a fund for the use of the United Midweek Fellowship.
Coagh Time and Talent .' This is a fund for the use of Coagh Time and Talent.
Presbyterian Women's: This is a fund for the use ofthe Presbyterian Women,
FUEL- This is a fund for the use of FUEL.
Bowling Club: This is a fund for the use of the Bowling Club.
Mums & Tots: This a fund forlhe use of Mums & Tots.
13. Investment Assets
The congregation has the following investments. Amounts are shown at market valuation.
2024
2023
General Investment Fund
T'fer to General Current AJC
10,689.92
(5,888.00)
4,801.92
10,689.92
10.689.92
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an
COAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS 31 December 2024
14. Fixed Assets
Land and
Buildings
Flxtures
and
Fittlngs
Manso
Repairs
Vlsual
Audlo
Upgrada
Total
Opening cost at 1 Jan 2024
Additions
Disposals
Closlng cost at 31 Dac 2024
523,127.00 25,106.00 23,746.00
7,182.00
579,161.00
523,127.00 25,106.00 23,746.00
7,182.00
579,161.00
The congregation owns the Church premises situated at 30 Urbal Road, Coagh, Co Tyrone
and the associated fixtures, fittings, plant and machinery, which is not included in the value above. These have an
insurance value of £808,192.32.
15. Transactlon8 wlth TrustO08
No trustee received any renumeration or reimbursement of expenses during the year.
16. Governan¢o C08ts
Governance costs of £260 were incurred during the year of which £260 relates to fees paid to the independent
examiner. Governance costs are included within Administration costs in the Receipts and Payments Accounts.
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