BALLYMONEY REFORMED PRESBYTERIAN CHURCH CONGREGATION
OF THE REFORMED PRESBYTERIAN CHURCH OF IRELAND
Trustees Annual Report and Financial Statements
for the year ended 31 December 2024
Registered Charity in Northern Ireland (NIC106390)

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 John Coates Ilnterim Moderator
resigned 28102124)
Rev Philip Moffett (Interim Moderator
appointed 01/03/24 resigned 31/08/251
Martin Wilson
Thomas Brewster
Hugh Mccluggage
James Pinkerton
Boyd Atcheson (appointed 22106/251
Andrew Hegarty {appointed 22106/25)
Revjohn Coulter {Interim Moderator
appointed 01/09/251
PRINCIPAL OFFICE BEARERS
Minister
Rev John Coates (Interim Moderator
reSiEned 281021241
Rev Philip Moffett Ilnterim Moderator
appointed 01103/24)
Hugh Mccluggage
Alan McKeeman
Clerk of Session
Treasurer
INDEPENDENT EXAMINER
Dr R I Peters Gallagher, OBE, FCA
Moore {NII 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
PRESBYfERIAN CHURCH OF IRELAND
STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)
for the year ended 31 December 2024
Note
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2024
Total
2023
Receipts
Donations and legacies
Charitable activities
Other trading activities
Investment income
67,437
125
7,807
2,039
6,130
73,567
125
9,207
2,572
70,034
1.400
533
7,800
2,099
77,408
8,063
85,471
79,933
Total Receipts
77,408
8,063
85,471
79,933
Payments
Raising funds
Charitable activities
271
60,795
271
69,141
248
79,053
8,346
Total Payments
61,066
8,346
69,412
79,301
Net receipts / (payments)
Transfers between funds
16,342
{500)
(283)
500
16,059
632
Net movement in funds
Funds brought forward
15,842
28,436
217
10,038
16,059
38,474
632
37,842
Funds carried forward
10
44,278
10,255
54,533
38,474

BALLYMONEY REFORMED PRESBYfERIAN CHURCH CONGREGATION OF THE REFORMED
PRESBYTERIAN CHURCH OF IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2024
Unrestricted Restricted
Funds
Funds
Endowment
Funds
Total
Funds
2024
Total
Funds
2023
Funds Reconciliation
Bank and cash at start of year
Net movement in funds
28,436
15,842
10,038
217
38,474
16,059
37,842
632
Bank and cash at end of year
44,278
10,255
54,533
38,474
Bank & Cash Balances
No l and Trustees Account
No 2 Account
Sabbath School
Girls, Brigade
Kids Club
Coffee, Chat and Chew
39,802
4,476
1,683
5,910
732
152
1,023
755
26,109
5,047
1,245
3,612
652
106
1,030
673
nd
2 Ballymoney Boys, Brigade
Women's Missionary Association
54,533
38,474
Other Assets
Fixed Assets - Note 8
Investments - Note 9
St James's Place
135,239
135,941
189,772
174,415
Llabilities
{N/A)
IN/A)

BALLYMONEY REFORMED PRESBYTERIAN CHURCH CONGREGATION OF THE REFORMED
PRESBYfERIAN CHURCH OF IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2024 (cont'd)
th
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
Date: 27th October 2025

BALLYMONEY REFORMED PRESBYfERIAN CHURCH CONGREGATION OF THE REFORMED
PRESBYfERIAN CHURCH OF 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 (b) revenue donations or grants for a specific congregational
activity intended by the donor. Where these funds have unspent balance5, interest on their pooled
investment is apportioned to the individual funds on an average balance basis.
Unrestricted fund5 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
2024
Total
2023
Recorded giving:
Free Will Offering
Loose Collections
Donations and gifts
Gift Aid
Bequest Income
35,768
2,105
1,705
6,691
21,168
35,768
4,375
5,565
6,691
21,168
36,501
5,642
9,155
2,270
3,860
18,736
67,437
6,130
73,567
70,034

BALLYMONEY REFORMED PRESBYTERIAN CHURCH CONGREGATION OF THE REFORMED
PRESBYfERIAN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
CHARITABLE ACTIVITIES
Unrestrirted
Funds
Restricted Endowment
Funds
Funds
Total
2024
Total
2023
Fundraising events
125
125
125
125
4. OTHER TRADING ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Manse rent
Wayleave
EA Grant
7,800
7,800
7,800
1,400
1,400
7,800
1,400
9,207
7,800
INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Bank interest
Dividends - Income Bonds
Other investment income
34
39
528
2,005
34
444
1,621
528
2,005
2,039
533
2,572
2,099
10

BALLYMONEY REFORMED PRESBYfERIAN CHURCH CONGREGATION OF THE REFORMED
PRESBYTERIAN CHURCH OF IRELAND NOTES TO THE ACCOUNTS {cont'd)
31 December 2024
RAISING FUNDS
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
FWO envelopes
271
271
248
271
271
248
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2024
Total
2023
Presbytery Fees
Ministry and support staff costs
Congregational running expenses
Donations to Mission5 & charities
243
6,690
39,742
14,120
243
6,690
43,712
18,496
243
34,110
27,668
17,032
3,970
4,376
60,795
8,346
69,141
79,053
11

BALLYMONEY REFORMED PRESBYfERIAN CHURCH CONGREGATION OF THE REFORMED
PRESBYTERIAN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
FIXED ASSET5
The congregation owns the Church premises situated at 75 Charlotte Street, Ballymoney, BT53 6AZ and
the associated fixtures, fittings, plant, and machinery.
The Church, Church Hall and Courthouse 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
church.
In 1967 the Manse was donated by Norman Holmes and Sir Arthur Algeo. There are no reliable
records of this gift and valuation approach for such a building lacks sufficient 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
reliable records of the cost of these. As a result, the content is not recognised in the Statement
of Assets and Liabilities.
12

BALLYMONEY REFORMED PRESBITERIAN CHURCH CONGREGATION OF THE REFORMED
PRESBYfERIAN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation.
2024
2023
St James's Place
135,239
135,941
135,239
135,941
13

BALLYMONEY REFORMED PRESBYfERIAN CHURCH CONGREGATION OF THE REFORMED
PRESBYTERIAN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
10. FUND BALANCES
Fund
Balance
at start
Receipts Payment Surplus I
(Deficit)
Transfer Balance at
end
Unrestricted Funds
No l and Trustees Account
No 2 Account
23,390
5,046
68,399
9,009
47,487
13,579
20,912
{4,5701
{4,500)
4,000
39,802
4,476
28,436
77,408
61,066
16,342
{500)
44,278
Restricted Funds
No l and Trustees Account-
Turkey Appeal
No l and Trustees Account-
Seafarers, Christian Friend
Society
Sabbath School
Girls, Brigade
Kids Club
Coffee, Chat and Chew
2,475
2,475
12,4751
245
245
(245)
1,245
3,612
652
106
1,030
673
644
5,613
iii
507
206
3,615
131
461
438
1,998
1201
46
{7)
118)
1,683
5,910
732
152
1,023
755
300
loo
nd
2 Ballymoney Boys, Brigade
Women's Missionary Association
1,187
1,205
100
10,038
8,063
8,346
12831
500
10,255
Endowment Funds
Total
38,474
85,471
69,412
16,059
54,533
14