BALLYCLABBER REFORMED PRESBYfERIAN CHURCH
CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF
IRELAND
Trustees Annual Report and Financial Statements
for the year ended 31 December 2023
Registered Charity in Northern Ireland (NIC106375}

BALLYCLABBER REFORMED PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH
OF IRELAND
STATEMENT OF FINANCIAL AcfiviTY (Receipts and Payments Account)
for the year ended 31 December 2023
Note
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Receipts
Donations and legacies
Charitable activities
Other trading activities
Investment Income
Other
84,862
14,331
99,193
98,769
1,032
4,266
600
1,032
4,791
600
120
2,489
525
90,760
14,856
105,616
101,378
Sale of Investments
Sale of fixed assets
Loans Received
Total Receipts
90,760
14,856
105,616
101,378
Payments
Ch aritable activities
{68,9361
114,464)
183,400)
{81,9741
Other
(32,660)
(1,992)
(34,652)
118,604)
Total Payments
(101,596)
(16,456)
1118,052) {100,5781
Net receipts / {payments}
Transfers between funds
110,836)
(1,600}
(12,4361
800
Net movement in funds
Funds brought forward
110,836)
59,191
11,6001
67,174
112,436)
126,365
800
125,564
Funds carried forward
11
48,355
65,574
113,929
126,364
12

BALLYCLABBER REFORMED PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH
OF IRELAND
STATEMENT OF AsS￿s AND UABILITIES
As at 31 December 2023
Unrestricted
Funds
Restricted Endowment Total Fund5
Funds
Funds
2023
Total Funds
2022
Funds Reconciliation
Bank and Cash at start of year
Net movement in funds
59,191
(10,836)
67,174
(1.600)
126,365
(12,436)
125,565
799
Bank and Cash at end of year
48,355
65.574
113,929
126,364
Bank & Cash Balances
Bank UB Account
Bank FT Select Account
Ulster Bank 3062
Progressive 3998
Progressive 4984
Progressive 7104
48,591
59,239
4,540
21,432
6,532
21,228
39,365
39,365
113,929
126,364
Other A55ets
Fixed Assets- Note 9
Church buildings and
contents
Communion Set
Ride on Lawnmower
2,959,285
2,959,285
4,116
4,787
4,116
4,787
Sextons House
Investments- Note 10
Gift Aid Debtor
260,411
46,717
18,064
260,411
46,717
18,064
3,293,380
3,293,380
3,407,308
3,419,744
Liabilities
{N/A)
{N/A)
Approved by the Session at a meeting and signed on its behalf by
Rev. James Blair
Mr. lan Mcclelland
Date: 22/10/2024
Date: 22/10/2024
13

BALLYCLABBER REFORMED PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH
OF IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMEKrs
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 endowment5 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.
DONATIONS AND LEGACIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Recorded giving:
Loose Collections-FWO
Donations and Gifts
Gift Aid
Legacies and Bequests
66,207
66,207
14,331
18,655
68,960
11,385
18,424
14,331
18,655
84,862
14,331
99,193
98,769
14

BALLYCLABBER REFORMED PRESBYfERIAN CHURCH CONGREGATION OF THE PRE5BYfERIAN CHURCH
OF IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
CHARITABLE ACTivrriES
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Income from charitable activities
Fees from weddings and funerals
Fundraising events
Membership fees
Grants
4. OTHER TRADING AcfiviTIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Letting of premises
Wayleave
1,010
22
1,010
22
100
20
1,032
1,032
120
INVESTMENT INCOME
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Deposit interest
General Investment Fund
Rents investment propertie5
Other investment income
509
3,757
525
1,034
3,757
515
1,974
4,266
525
4,791
2,489
15

BALLYCLABBER REFORMED PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH
OF IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
OTHER INCOME
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Repairs fund
Energy support payment
600
600
600
600
CHARITABLE AcfiviTIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
FWO envelopes
Presbytery Fee5
Ministry and support staff cost5
Congregational running expenses
Donations to Missions and
charities
Committees
Camp fees
131
220
43,602
3,516
1,627
131
220
43,602
3,516
16,091
257
203
42,724
2,973
16.537
14,464
19,840
19,840
19,280
520
68,936
14,464
83,400
81,974
16

BALLYCLABBER REFORMED PRESBYfERIAN CHURCH CONGREGATION OF THE REFORMED
PRESBYfERIAN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS (convd)
31 December 2023
OTHER EXPENDITURE
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Sexton
Repairs
Other church expenses
Rates, heat and light
Congregational Weekend
Gift Aid
Office Conversion
2,850
460
1,941
11,049
2,850
2,452
1,941
11,049
2,400
1,078
2,898
12,228
1,992
16,360
16,360
32660
1,992
34,652
18,604
FIXED ASSErs
The congregation owns the Church premises situated at 35 Ballyrashane Road, Coleraine, BT52 2NL and
the associated fixtures, fittings, plant and machinery. These have an insurance value of £2,968,188.
The congregation also owns the Sextons house at the same address, with an insurance value of
£260,411.
10. INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation.
2023
2022
Barclays Shares (632)
HSBC Shares18859)
974
56,343
1,005
45,712
57,317
46,717
17

BALLYCLABBER REFORMED PRESBYfERIAN CHURCH CONGREGATION OF THE REFORMED
PRESBYTERIAN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS {cont'd)
31 December 2023
11. FUND BALANCES
Fund
Balance at
start
Receipts Payment Surplus /
{Deficit}
Transfer Balance at
end
Unrestricted Fund5
General Account
Ulster Bank 062
58,872
319
90,760 (101,5961 110,836)
48,036
319
59,191
90,760 {101.596} (10,836)
48,355
Restricted Funds
General Account
Ulster Bank 062
Progressive 3998
Progressive 7104
367
6,213
21,229
39,365
14,332
114,1431
11.992)
189
{ 19921
203
556
4,221
21,432
39,365
203
321
1321)
67,174
14,856
116.4561
11,600)
65,574
Endowment Funds
N/A
Total
126,365
105.616 1118,0521 112,4361
113,929
18