THE TYRONE PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont’d)
FINANCIAL REVIEW
The presbyteries main source of income is an assessment that is levied on the congregations assigned to it and £10296 was received in the current year (£10296) in previous year, 2021)
Total expenditure increased from £11477 to £11856. This includes a payment made to the Clerk of Presbytery for the responsibilities of that position.
STATEMENT OF TRUSTEE RESPONSIBILITIES
The Trustees are responsible for preparing the annual report and the financial statements of the presbytery in accordance with applicable law and generally accepted accounting practice.
As the presbytery’s total income does not exceed £250,000, the Trustees have elected under Section 64(3) of the Charities Act (Northern Ireland) 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 presbytery’s transactions and disclose with reasonable accuracy at any time its financial position. They are also responsible for safeguarding the assets of the presbytery and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the presbytery at a meeting on 3[rd] October 2023 and signed on its behalf by
Rev Mervyn Lindsay
28/10/23
Rev Jonathan Curry
28/10/23
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