Ballenon Reformed Presbyterian Church
STATEMENT OF FINANCIAL ACTIVITIES
for the financial year ended 31 December 2023
Unrestrided
Funds
2023
Total Unrestricted
Funds
Funds
2023
2022
Total
Funds
2022
Notes
InGomg
Donations and legacies
Charitable aclivitl8S
- Grants from govemmenls and other co-funders
Investments
Other income
2.633
2,633
3,697
3,697
32.561
349
5.816
32,561
349
5,816
30,204
482
6,420
30,204
482
6.420
3A
Total Income
41,359
41,359
40,803
40,803
Expondlturo
Charitabl8 activities
Olhor expenditure
29.237
11,178
29,237
11,178
28,746
9,084
28.746
9,084
Total Expendlture
40,415
40,415
37,830
37.830
Net Incomel{expenditurel
944
2,973
2,973
Transfers be￿een funds
Net rnovement In funds for the flnanclal yèar
944
2,973
2.973
R•con¢iliation of fund$.'
Total funds beginning of tho ygar
10
670,671
670,671
667,698
667.698
Total fund8 at the end of the year
871,615
671,615
670,871
670,671
Th& Statemenl of Financial Adivilies include$ all gains and losses rècognls8d In the flnanclal year.
All In¢ome and exp$ndlturé r8lala to contlnuing aclivllles.
Th9 notes on pages 9 to 13 fomi part of the financial statements

Ballenon Reformed Presbyterian Church
BALANCE SHEET
as al 31 December 2023
2023
2022
Notss
Fixed Assets
Tangible assets
615.000
615,000
Current Assets
Cash at bank and In hand
56,615
55.671
Nèt Current Assèts
56,615
55,671
Total Assets less Current Llabllitles
671,615
870,671
Funds
Designated funds IUnrg$trl¢ledl
Get)eral fund lunro$trl¢l$dl
4.890
666,925
1,691
6fj8,980
Total lund$
10
671.615
670.671
Approvgd by the Board of Trusteeg and authorl$gd for195ue on 18 June 2024 and slgned on Its bèhalf by
An
rew Flerron
Trustee
mes Mlnlsh
rusto0
Rev Rob•rt Robb
Trust•
The noles on page$ 9 to 13 form part ofthe finanaal stalem8nls

Ballenon Reformed Presbyterian Church
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 December 2023
GENERAL INFORMATION
Ballenon Refornied Presbyterian Church is a charity registered in Northern Ireland. The registered office of
the charity is 62 Corrniare Road. Poyntzpa8s, Newry, Co Down, BT35 6RY, North8m Ireland. The financial
slal&ments have beon presented in Pound (£1 which is also the functional currency of the charity.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The followlng accounting pollcies have been applled conslstenlly In de8llng wlth items which are consldered
material in relation lo the charity's financial statements.
Bas18 of preparatlon
The financial statements have been prepared on the going concern basis under the historical co81 convanlion,
modified lo include certain items at fair value. The financlal statements hav8 been prepared in accordance
wlth th& Statement of Recomm8nd8d Practice ISORPI "Accounting and Reportlng by Charities preparing thelr
accounts In accordance wllh the Flnanclal Reportlng Stsndard applicable in the UK and Ropubll¢ of Ireland
FRS 102..
As pemilled by the Companies Act 2006, the charity has varied th8 standard formals in that act for the
Slatgment of Financial Activities and the Balance Sheet. Departures from the standard fomats are lo comply
wllh the r8qulremenls of th8 Chari118s SORP and are in compllance wllh sectlon 4.7, 10.6 and 15.2 of that
SORP.
Statement of compllance
Th8 flnanclal statements of th8 charlty for th8 financial year endod 31 D8cemb8r 2017 hav8 been prepared on
the going concern basis and in accordance with the Slalement of Recommanded Practice ISORPI
"Accounting and Reporting by Charllies preparing their accounts in accordance with the Financial Reporting
standard applicable in thg UK and Republic of Ireland FRS 102"
Fund accountlng
Thg following arg Ihg Galogori8s of funds malntslned:
Rèstrlctèd lund8
Restricl8d funds represent Income recelved whlch can only be used for particulay purposes, as sp8clfl8d by
the donors. Such purposes ar8 Wlthin th8 Overall objectives of the charity.
Unrestrlcted funds
Unr8Stricled funds consist of General and Designated funds.
General fund5 rgprgsent amounts whlch ara axpondable al the discretion of the board, In furtherance of the
objectives of the charity.
Designated funds comprlse unrestricted funds that the board has, al Ils discretion, sel aside for particular
purposes. These designations havg an adminislralive purpose only, and do not le981ty restrict the board's
discretion lo apply the fund.
In¢om•
Voluntary Income or capllal Is Included In the Ststement of Financial Activities when the charity is legally
entitled to it, its financial value can be quantified with reasonable certainty and there is reasonable certainty of
ils ultimate receipt. Enlitlemenl lo legacies is considered established when the charity has been notified of a
distribution lo be made by the ax8culors. Income received in advance of due performance under a contraol is
accounted for as deferred income until earned. Grants for activities are recognised a8 income when the
related conditions ft)r legal enlillemenl have been met. Al other income is accounted for on an accruals basis.
Exponditure
Atl reSoUr￿S expended are accounted for on an accruals basls. Charitable activities include costs of services
and grants, support costs and depreciation on related assets. Costs of generating funds similarly inolude
fundraising activities. Non-slaff costs not attributed to one Category of activity are allocated or apportioned
pro-rala lo the staffing of the relevant service. Finance, HR, IT and administrative staff costs are directly
attributable lo individual activities by objectwe. Governance costs are those associated with constitutional and
statutory requirements.

continued
Ballenon Reformed Presbyterian Church
NOTES TO THE FINANCIAL STATEMENTS
for the financial year en¢Jed 31 December 2023
Tangible fixed assets and depreciation
Tangible fixed assets are slated al cost or at valuation, less accumulated depreciation. The charge lo
depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated
residual value, over their expected useful lives as follows-.
Land and buildings freehold
4Yo Straight line
Cash at bank and In hand
Cash at bank and in hand comprises cash on deposit al banks requlrlng less than three months notice of
withdrawal.
Taxatlon
No curr8nl or deferred laxalion arises as the ¢harity ha$ been granted charllabla exemption. Irrecoverablo
valued added tsx Is expensed as In¢urred.
INCOME
DONATIONS AND LEGACIES
Unrestrlctod R•strl¢tgd
Fund6
Funds
2023
2022
Donations and legacles
2,633
2.633
3,697
CHARITABLE ACTIVITIES
Unrestrlctod Rostricted
Fund¥
Funds
2023
2022
Grant$ from governmont$ and other GO•fund•r$:
Income from charitable activili8s
32,561
32,S61
30,204
INVESTMENTS
Unrostrlcted Restrlctgd
Funds
Funds
2023
2022
Investments
349
349
482
OTHER INCOME
Unrestrfcted R•strl¢tod
Funds
Funds
2023
2022
Other incomo
5,816
5,816
6,420
EXPENDITURE
CHARrrABLE ACTIVITIES
Dlrect
Cost8
Other
Costs
Support
Costs
2023
2022
Expenditure on charitable acliviles
Governance Costs (Note 4.3}
10,202
215
539
18.281
10,741
18A96
10,394
18,352
10A17
18,820
29,237
28,746
OTHER EXPENDITURE
Dlroct
Costs
Other
Costs
Support
Costs
2023
2022
Other expenditure
11,178
11.178
9,084
10

continued
Ballenon Reformed Presbyterian Church
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 December 2023
GOVERNANCE COSTS
Dire¢t
Co$ts
Other
Costs
Support
Costs
2023
2022
Charitable activities- governanc8
215
18.281
18A96
18,352
SUPPORT COSTS
Charitable
Other Governance
Actlvltlès Expendlture
Costs
2023
2022
Heat & light
Accountancy
InsLsran¢e
Salaries. wages and related costs
Repairs & maintenance
Rates
Prlnung & stationery
1,151
780
660
15,566
1,151
780
1,260
15,566
9,789
913
539
1,282
780
1,103
14,954
7,833
860
389
600
9,789
789
124
539
539
11.178
18,281
29,998
27,201
ANALYSIS OF SUPPORT COSTS
2023
2022
Heat &1Sght
A¢counlancy
Insurance
Salaries. wag•s and rg181od costs
Rep8irs & maintenance
Ralos
Printlng & slallonery
Bank le88 & interest
1.282
780
1,103
14,954
7.833
860
389
455
780
1,260
15,566
9.789
913
539
459
30,457
27.656
INVESTMENT AND OTHER INCOME
2023
2022
Other inlgrest
1,054
887
EMPLOYEES AND REMUNERATION
The staff costs ¢omprlse'.
2023
2022
Vvages and salanes
15,444
14,850
11

¢ontlnued
Ballenon Reformed Presbyterian Church
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 December 2023
TANGIBLE FIXED ASSETS
Land and
buildlngs
freehold
Total
Cost
Al 31 December 2023
615.000
615,000
book value
At 31 De￿rnber 2023
615.000
615,000
At 31 December 2022
615.000
615,000
RESERVES
2023
2022
Al the beglnnlng of the year
Surplus for the financial year
670,671
944
667,698
2,973
Al the end of the year
671,615
670,671
10.
FUNDS
10.1 RECONCIUATION OF MOVEMENT IN FUNDS
Unrostrlcted
Funds
Total
Fund$
Al 1 January 2022
Movement during the financial year
867,698
2,973
667,698
2,973
Al 31 December 2022
Movement during the financlal year
670,671
944
670,671
944
At 31 December 2023
671,615
671,615
10.2 ANALYSIS OF MOVEMENTS ON FUNDS
8alanc&
1 January
2023
Income Expendlturo
Transters
8alanc
between 31 D•¢gmber
lunds
2023
Unr•8trlct•d funds
Manse AccoL¢nt Fund
Bulldlng Fund Account
Women's Fellowship
Ballenon & Ballylane Church
Outing
General Fund
Ballenon Sabbath School Account
Ballenon RPC Savings Account
Unrestricted Funds
1,956
1541
12,0801
1,869
575
2.344
1,220
2,531
11,925)
{964}
1,498
4,215
104
371
31.729
35.344
117
232
26,581
1323)
11,490
40,492
1,324
10,109
615,000
21.367
615.000
670,671
39,832
138,8881
671,615
Total funds
670.671
39,832
38,888
671.615
12

continue
Ballenon Refomied Presbyterian Church
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 December 2023
10.3 ANALYSIS OF NET ASSETS BY FUND
Flxed
assots
- Gharlty use
Current
assets
Currnnt
liabilitles
Total
Unrestricted designated funds
Unrestricted general funds
1,376
64,690
(9,451)
(8,0751
679,690
615,000
615,000
66,066
{9,451)
671,615
615.000
66.066
{9,451)
671,615
11.
POST4ALANCE SHEET EVENTS
There have been no 81gniflcanl ev8nl8 affecting the Charity since the financial y¢ar-¢nd.
13