BALLYMONEY REFORMED PRESBYTERIAN CHURCH CONGREGATION
OF THE REFORMED PRESBYTERIAN CHURCH OF IRELAND
Trustees Annual Report and Financial Statements
for the year ended 31 December 2023
Registered Charity in Northern Ireland INIC106390)

BALLYMONEY REFORMED PRESBYfERIAN CHURCH CONGREGATION OF THE REFORMED PRESBYfERIAN
CHURCH OF IRELAND
REFERENCE AND ADMINISTRATIVE DETAILS
Ballymoney Reformed Presbyterian Church congregation of the Reformed Presbyterian Church of
Ireland
75 Charlotte Street
Ballymoney
County Antrim
BT53 6AZ
Registered Charity in Northern Ireland (NIC106390)
CHARITY TRUSTEES
The Charity Trustees who served during the year or who were trustees at the date of this report were:
Rev Edward Mccollum (retired 29110/23)
Rev John Coates (Interim Moderator
appointed 01/11/23 resigned 28102/24)
Rev John Coulter Ilnterim Moderator
appointed 01/09/25)
Martin Wilson
Thomas Brewster
Hugh McCluggaEe
James Pinkerton
Boyd Atcheson (appointed 22/06/25)
Andrew HeBarty (appointed 22/06/251
PRINCIPAL OFFICE BEARERS
Minister
Rev Edward Mccollum (retired 29110/231
Rev John Coates (Interim Moderator
appointed 01/11/23)
Hugli MiCluBgdge
Alan McKeeman
Clerk of Session
Treasurer
INDEPENDENT EXAMINER
Dr R I Peter5 Gallasher, OBE, FCA
Moore {Nl} LLP
32 Lodge Road
Coleraine
BT52 INB
BANKERS
Danske Bank
PO Box 183
Donegal Square West
Belfast
BTI 6JS
SOLICITORS
Thomas Taggart & Sons Solicitors
27 Church Street
Ballymoney
BT53 6HS

BALLYMONEY REFORMED PRESBYfERIAN CHURCH CONGREGATION OF THE REFORMED
PRESBYTERIAN CHURCH OF IRELAND
STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)
for the year ended 31 December 2023
Note
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Receipts
Donations and legacies
Charitable activities
Other trad ing activities
Investment income
bO,950
9,084
70,034
94,399
129
9,533
64?.
7,800
1,651
7,800
2,099
448
70,401
9,532
79,933 104,703
Total Receipts
70,401
9,532
79,933 104,703
Payments
Raising funds
Charitable activities
Other
248
69,945
248
79,053
268
93,986
23,000
9,108
Total Payments
70,193
9, 108
79,301
117,254
Net receipts / Ipaymentsl
Transfers between funds
424
440
632 112,551)
(440)
Net movement in funds
Funds brought forward
{232)
28,668
864
9,174
632 (12,5511
37,842
50,393
Funds carried fonmard
li
28,436
10,038
38.474
37,842

BALLYMONEY REFORMED PRESBYTERIAN CHURCH CONGREGATION OF THE REFORMED
PRESBYTERIAN CHURCH OF IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2023
Unrestricted
Funds
Restricted Endowment Total Funds Total Funds
Funds
Funds
2023
2022
Funds Reconciliation
8ank and cash at start of year
Net movement in funds
28,668
1232)
9.174
864
37,842
632
50,393
112,551)
Bank and cash at end of year
28,436
10,038
38,474
37,842
Bank & Cash Balances
No l and Trustees Account
No 2 Account
Sabbath School
Girls, Brigade
Senior Fellowship
Kids Club
Coffec, Chat and Chew
nd
2 Ballymoney Boys, Brigade
Women's Missionary
Association
26,109
5,047
1,245
3,612
27,690
978
914
5,811
10
482
25
1,036
896
652
106
1,030
673
37.842
Other Assets
Fixed Assets - Note 9
Investments- Note 10
St James's Place
135,941
135,941
174,415
173,783
Liabilities
(N/A)
{N/A)

BALLYMONEY REFORMED PRESBYTERIAN CHURCH CONGREGATION OF THE REFORMED
PRESBYfERIAN CHURCH OF IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2023 (cont'd)
Ih
Approved by the Session at a meeting on 27 October 2025 and signed on its behalf by
Rev John Coulter
Hugh Mccluggage
th
Date: 27 October 2025
th
Date: 27 October 2025

BALLYMONEY REFORMED PRESBITERIAN CHURCH CONGREGATION OF THE REFORMED
PRESBYTERIAN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
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
consregation'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 fui)ds comprise lal income from endowment5 which 15 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 15" a pportioned tu tlie iridivid Udl luiids uii dll average bdlaiiie 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 Endowment
Funds
Funds
Total
2023
Total
2022
Recorded giving:
Free Will Offering
Loose Collection5
Donations and gifts
Gift Aid
Bequest Income
36,501
2,893
2,820
36,501
5,642
9,155
38,594
8,825
13,129
17,187
16,664
2,749
6,335
18,736
18,736
60,950
9,084
70,034
94,399

BALLYMONEY REFORMED PRESBITERIAN CHURCH CONGREGATION OF THE REFORMED
PRESBYfERIAN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
CHARITABLE AcfiviTIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Fundraising evonts
129
129
OTHER TRADING AcfiviTIES
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Manse rent
Wayleave
Power N.1. Refund
7,800
7,800
7,800
1,727
7,800
7,800
9,533
INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Bank interest
Dividends- Income Bonds
Other investment income
30
34
444
1,621
52
486
104
444
1,6?1
1,651
448
2,099
642
10

BALLYMONEY REFORMED PRESBYTERIAN CHURCH CONGREGATION OF THE REFORMED
PRESBYfERIAN CHURCH OF IRELAND NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
RAISING FUNDS
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
FWO envelopes
248
248
268
248
248
268
CHARITABLE A￿1VITIEs
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Presbytery Fees
Ministry and support staff costs
Congregational running expenses
Donations to Missions & charities
243
34,110
20,557
15,035
243
34,110
27,668
17,032
237
40,879
31,038
21,832
7.111
1,997
69,945
9,108
79,053
93,986
11

BALLYMONEY REFORMED PRESBYTERIAN CHURCH CONGREGATION OF THE REFORMED
PRESBYfERIAN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
OTHER EXPENDITURE
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Matured Funds Reinvested with
St James Place
23,000
23,000
FIXED ASSETS
The con8reg3tion owns the Church premises situated at 75 Charlotte Street, Ballymoney, BT53 6AZ and
the associated fixtures, fittings, plant, and machinery.
Thc Church, Church Hall and Courthousc arc dccmcd to bc Hcritagc a5JCt5 as dcfincd by thc
Charities SORP IFRS102). 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 c05t commensurate with the benefit to the user5 of the account5 and to the
church.
In 1967 the Manse was donated by Norman Holmes and Sir Arthur Algeo. There are no reliable
record5 of tlii5 gift and valuation approach for such a building lacks sufficieiit reliability. As a
result, this building is not recognised in the statement of Assets and Liabilities.
The contents of the properties have been acquired over a long number of years. There are no
rellable records of the cost of these. AS a result, the content is not recognised in the statement
of Assets and Liabilities.
12

BALLYMONEY REFORMED PRESBYfERIAN CHURCH CONGREGATION OF THE REFORMED
PRESBYfERIAN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
10. INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation.
2023
2022
St James's Place
135,941
135,941
135,941
135,941
13

BALLYMONEY REFORMED PRESBYfERIAN CHURCH CONGREGATION OF THE REFORMED
PRESBYfERIAN 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 Funds
No l and Trustees Account
No 2 Account
27,690
978
63,037
7,364
66,897
3,296
13,8601
4,068
1440)
23,390
5,046
28,668
70,401
70,193
208
14401
28,436
Restricted Funds
No l and Trustee.£ Account
Turkey Appeal
No l and Trustees Account
Seafarers, Christian Friend
Society
Sabbath School
Girls, Brigade
Scnior Fellowship
Kids Club
Coffee, Chat and Chew
2nd Ballymoney Boys, Brigade
Women's Missionary Association
2,475
2,475
2,475
245
245
245
914
5,811
io
534
4,645
79
203
7,144
119
331
(2,4991
1401
70
71
(61
(2231
1.245
3,612
300
30
482
25
222
152
139
loo
io
652
106
210
1,036
896
1,030
673
1,120
1,343
9,174
9,532
9,108
424
440
10,038
Endowment Funds
Total
37,842
79,933
79,301
632
38,474
14