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2024-12-31-accounts

THE TYRONE PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND

Trustees Annual Report and Financial Statements for the year ended 31 December 2024

Registered Charity in Northern Ireland (NIC106462)

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THE TYRONE PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT

The Trustees present their Annual Report and Financial Statements for the year ended 31 December 2024 a Statement of Assets and Liabilities as at that date.

REFERENCE AND ADMINISTRATIVE DETAILS

The Tyrone Presbytery of the Presbyterian Church in Ireland 46 King Street Magherafelt, BT45 6AU Registered Charity in Northern Ireland (NIC106462)

CHARITY TRUSTEES

The Charity Trustees who served during the year or who were trustees at the date of this report were

Rev Trevor Boyd Mr Shaw Campbell Rev Michael Currie Mr Johnston Bell Rev Dr Jonathan Alexander Curry Dr Alastair Brown Rev Alan Dickey Mr Norman Bruce Rev Mark William Dodds Mr Nigel Condy Rev Stewart Glendinning Mr Stanley Crooks Rev Ashley Graham Mr Sam Cuddy Rev Thomas William Alexander Greer Mrs Valerie Douglas Rev Prof David Leach Mr Keith James Ferguson Rev Sidney Joseph Mervyn Lindsay Mr John Fulton Rev John Alexander Martin Mr George Ferry Rev John Boyd Mullan Mrs Eileen Gilmour Rev James O’Neill Mr Jeffrey Gilmour Rev James Porter Mr William Miller Glendinning Rev Jonathan Sloan Mr Jim Hayes Rev John Arnold Spence Mr John Hunter Rev Dr Gareth William David Stewart Mr Ronnie Irwin Rev Alan Samuel Thompson Mr Michael Jones Mr Steven Linton Rev Tom Conway Mr Robert Freeburn Rev John Wallace Fleck Mr Ian McCullough Rev John Martin Gracey Mr Leonard McIvor Rev James Boyd McCormick Mr Howard McLean Rev Kenneth Patterson Mr Pete Murray Rev Hugh Ross Mr John Neill Rev Ivor Francis Smith Mr John Sloss Rev Dr John Isaac Thompson Mr Hugh Stewart Mr Kenneth Taylor

Mr Brian Anderson

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THE TYRONE PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont’d)

PRINCIPAL OFFICE BEARERS

Moderator Rev John Martin Clerk of Presbytery Rev Dr Jonathan Curry Finance Convener Mr Raymond Cuddy

INDEPENDENT EXAMINER

Mr Albert Hogg FCA, 5 Ballyeglish Road, Magherafelt, Co Londonderry, BT45 7XB

BANKERS Ulster Bank, Cookstown

SOLICITORS

Millar, Shearer and Black, 40 Molesworth St, Cookstown BT80 8PH

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THE TYRONE PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont’d)

STRUCTURE AND MANAGEMENT

Presbytery

Under the Presbyterian Church in Ireland form of governance the corporate oversight of a congregation is the responsibility of a Presbytery which superintends generally the spiritual and temporal affairs of the congregations assigned to it by the General Assembly of the Presbyterian Church in Ireland. The following congregations of the Presbyterian Church have been assigned to The Tyrone Presbytery of the Presbyterian Church in Ireland.

Albany Eglish Ballygoney Knockloughrim Bellaghy Lecumpher Brigh Maghera Carland Magherafelt First Castlecaulfield Magherafelt Union Road Castledawson Moneymore First Claggan Moneymore Second Clonaneese Lower Newmills Clonaneese Upper Orritor Coagh Pomeroy Cookstown First Saltersland Cookstown Molesworth Sandholes Culnady Stewartstown Curran Swatragh Draperstown Tobermore Dungannon

A Presbytery makes arrangements for the election of ministers in congregation, ordains licentiates and installs or inducts and appoints ministers in the congregations assigned to it. They also ordain or install and appoint elders, commission and appoint deaconesses, senior lecturers, auxiliary ministers, lay agents and missionaries who have been called by an authorised body in the Church. A Presbytery has a role in seeing that ministers preach the Word faithfully to their congregations, regularly visit the families under their charge, visit the sick, promote peace and temperance and see that the duties of the eldership are property discharged. Presbyteries oversee the resignation and retirements of ministers and elders.

Presbyteries provide advice to Kirk Sessions and Congregational Committees when required and have a role in approving matters in relation to congregational property. They report

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THE TYRONE PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont’d)

annually to the General Assembly and have the right to make a nomination for the office of Moderator of the General Assembly.

The membership of the Presbytery consists mainly of the active ministers of congregations assigned to it by the General Assembly, minsters who have retired from active duty and an elder appointed by the Kirk Session of the congregation. This provides an important link between the congregations and the wider structures of the church

Stated meetings of Presbytery are held on the first Tuesday in September, October, February, and March, and on the third Tuesday in November and May.

All members are entitled to propose, speak and exercise equal votes at meetings, except that the Moderator, the ministers in active duty in the congregation, has no deliberative but only a casting vote.

The General Assembly

The General Assembly is the supreme court of the Church, representing in one body the whole Church and acting as its supreme legislative, administration and judicial authority, in dealing with all matters brought before it. The General Assembly is normally constituted during the first week in June for worship and to conduct its business. At the end of business it is dissolved. The membership of the General Assembly consists mainly of the active ministers of each congregation, retired minsters and a representative elder appointed by the Kirk Session of each congregation.

DESCRIPTION AND PURPOSE

The charitable purpose of the presbytery is the advancement of religion.

The Tyrone Presbytery is a presbytery of the Presbyterian Church in Ireland. The Presbyterian Church in Ireland, as a Reformed Church within the wider body of Christ is grounded in the Scriptures, and exists to love and honour God through faith in His Son and by the power of His Spirit, and to enable her members to play their part in fulfilling God’s mission to our world.

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THE TYRONE PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont’d)

ACTIVITIES AND OBJECTIVES

The presbytery meets on the first Tuesday of every month apart from [November, December, January, April, May, June, July, August] and on other occasions as required. All meeting commence with a time of worship and are opened and closed with prayer.

The presbytery carries out the following activities

ACHIEVEMENTS AND PERFORMANCE

Provide a summary of key activities during the year

At the 31 December the following numbers of personal were under the care of Presbytery

----- Start of picture text -----
2024 2023
Minister in active service in congregations 17 17
Ministers under the care of presbytery or in other work 2 2
Retired Ministers 9 9
Licentiates 0 1
Students for the Ministry 1 1
----- End of picture text -----

During the year credentials were given to on Licentiate who was installed in a congregation assigned to another Presbytery.

1 Licentiate and 1 student were under the care of Presbytery during the year.

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THE TYRONE PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont’d)

The presbytery encourages the congregations assigned to it to supports the United Appeal for Mission which is a central fund of the Presbyterian Church in Ireland. This fund enables congregations to support the wider mission of the denomination and to do mission and outreach on a denominational basis beyond what the congregation could do on its own. The United Appeal Fund provides financial support for mission personnel at home and overseas, assists congregations with the deployment of locally based staff, enables church planting, provides grant support for the upkeep of church premises, assist with the running costs of Union Theological College, the Church’s training college for ministry students, and financially supports congregation in the areas of worship, discipleship, global mission, outreach, leadership and pastoral care.

The presbytery also encourages congregations to contribute to the denominations annual World Development Appeal, Sunday School project and any other special appeals.

General Assembly

Presbyteries are represented on the various Councils of the General Assembly of the Presbyterian Church in Ireland and report on an annual basis to the General Assembly

Property

Congregations were given permission for the following work and property matters.

Maghera – Permission to replace their heating and lighting system

Coagh – Permission to undertake work at the front steps of the meeting house and the driveway

First Cookstown – Permission to make alterations to the old manse.

Volunteers

The Trustees wish to acknowledge their deep appreciation of those who give freely of their time by serving on Presbytery, it commissions and panels.

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THE TYRONE PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont’d)

PUBLIC BENEFIT STATEMENT

The Presbyterian Church in Ireland meets the public benefit requirement by providing benefit to its members and the general public by making known the Christian Gospel of the Lord Jesus Christ through the advancement of religion. The direct benefits which flow from the purposes of the Church include the gaining of an understanding in Christian beliefs as set out in the Bible and in the Church’s subordinate standards (the Westminster Confession of Faith and the Shorter and Larger Catechisms) leading to spiritual and moral development and opportunities for response to Bible teaching. In turn, this framework leads to practical expressions of Christian beliefs and standards in the local community such as through the care of those in need (including the sick, disabled and bereaved). Generally the above benefits are delivered locally by congregational churches and members, or are facilitated through presbyteries or are organised and delivered centrally. Local delivery is facilitated by central resources in almost all cases. Public access is made known through the use of notice boards, printed material, press advertisement, websites, and social media or in other ways. The benefits are demonstrated through regular evaluation of the services and informal and ad-hoc feedback from members, their families, and members of the public. The purpose does not lead to harm. The charities beneficiaries are its members, their families, other individuals that the Presbyterian Church in Ireland is in direct and indirect contact with, the community in which pastoral services are provided and other communities throughout Northern Ireland, the Republic of Ireland, and worldwide which benefit from our engagement with and support for both Christian and other secular organisations, charities and individual members of the public. The only private benefit flowing from our purpose is related to Ministers, Missionaries, Deaconesses, Irish Mission workers and Lay Agents who receive benefits as a result of their holding office or employment. However, this is incidental and necessary in order to further our charitable purpose. There are no other private benefits.

The presbytery has had regard to the Charity Commissions Public benefit requirement statutory guidance.

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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 £13,502 was received in the current year (£10,234 in previous year, 2023)

Total expenditure increased from £12,061 to £13,577. 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 7[th] October 2025 and signed on its behalf by

Rev Michael Currie Rev Jonathan Curry 20/10/25 20/10/25

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THE TYRONE PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont’d)

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF THE TYRONE PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND

I report on the accounts of the Trust for the year ended 31 December 2024, which are set out on pages 7 to 13. Respective responsibilities of charity trustees and examiner. As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to:

Basis of independent examiner’s report

I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act.

My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters.

My role is to state whether any material matters have come to my attention giving me cause to believe:

  1. That accounting records were not kept in accordance with section 63 of the Charities Act

  2. That the accounts do not accord with those accounting records

  3. That the accounts do not comply with the accounting requirements of the Charities Act.

  4. That there is further information needed for a proper understanding of the accounts to be reached.

Independent examiner’s statement

I have completed my examination of the accounts as published by the Presbytery of Tyrone and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.

Name: Albert Hogg Relevant professional qualification or body: FCA Address: 5 Ballyeglish Road Magherafelt Co Londonderry BT45 7XB Date: 20th October 2025

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THE TYRONE PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont’d)

STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2024

Note Unrestricted Restricted Endowment Total Total
Funds Funds Funds 2024 2023
£ £ £ £ £
Receipts
Donations and legacies 2 13520 13520 10234
Charitable activities 3
Other trading activities 4
Investment Income 5 84 84 87
PW Link 6 2083 2083 1868
---------- ---------- ---------- ---------- ----------
Sale of Investments
Sale of fixed assets
Loans Received
---------- ---------- ---------- ---------- ----------
Total Receipts 15687 15687 12189
---------- ---------- ---------- ---------- ----------
Payments
Expenses 7 13577 13577 12061
Charitable activities 8
Investment costs
PW Link 9 1887 1887 2036
---------- ---------- ---------- ---------- ----------
Purchase of Investments
Purchase of fixed assets
Loan Repayments
---------- ---------- ---------- ---------- ----------
Total Payments 15464 15464 14097
---------- ---------- ---------- ---------- ----------
Net receipts / (payments) 223 223 (1908)
Transfers between funds
Total Funds ---------- ---------- ---------- ---------- ----------
Presbytery 4973 4973 4946
PW Link 500 500 304
---------- --------- ---------- ---------- ----------
Funds carried forward 12 5473 5473 5250
====== ====== ====== ====== ======

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THE TYRONE PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont’d)

STATEMENT OF ASSETS AND LIABILITIES

As at 31 December 2024
Unrestricted Restricted Endowment Total Total
Funds Funds Funds Funds Funds
2024 2023
£ £ £ £ £
Funds Reconciliation
Bank and Cash at start of year 5250 5250 7158
Net movement in funds 223 223 (1908)
---------- ---------- ---------- ---------- ----------
Bank and Cash at end of year 5473 5473 5250
======- ======= ======= ======= =======
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts 5473 5229
Cash in Hand 21
---------- ----------
5473 5250
======= =======
Other Assets
Fixed Assets – Note 10
- Church Premises

Liabilities Loans Other

------------------======= ======= ------------------======= =======

Approved by the Presbytery at a meeting on 7[th] October 2025 and signed on its behalf by

Rev Michael Currie Rev Jonathan Curry 20/10/25 20/10/25

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THE TYRONE PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont’d)

NOTES TO THE ACCOUNTS 31 December 2024

1. ACCOUNTING POLICIES

BASIS OF FINANCIAL STATEMENTS

As the total income of the presbytery is less than £250,000 the presbytery has 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. These accounts do not incorporate the accounts of the congregations assigned to the Presbytery. These have a separate legal identity and are individually registered with the Charity Commission for Northern Ireland.

FUND ACCOUNTING

Endowment funds are funds, the capital of which must be retained either permanently or at the presbytery’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 presbytery 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 presbytery’s general purposes. Designated funds are general funds set aside by the presbytery for use in the future.

2. DONATIONS AND LEGACIES

Unrestricted Restricted Endowment Total Total
Funds Funds Funds 2024 2023
£ £ £ £ £
Assessments on congregations 13502 13502 10234
Collections at events
Donations and gifts
Gift Aid
Legacies and bequest 18 18 87
---------- ---------- ---------- ---------- ----------
13520 13520 10321
---------- ---------- ---------- ---------- ----------

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THE TYRONE PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont’d)

NOTES TO THE ACCOUNTS 31 December 2024

3. CHARITABLE ACTIVITIES

Unrestricted Restricted Endowment Total Total
Funds Funds Funds 2024 2023
£ £ £ £ £
Income from charitable activities
Fundraising events
PW LInks 2083 2083 1868
Grants
---------- ---------- ---------- ---------- ----------
2083 2083 1868
---------- ---------- ---------- ---------- ----------
4. OTHER TRADING ACTIVITIES
Unrestricted Restricted Endowment Total Total
Funds Funds Funds 2024 2023
£ £ £ £ £
Letting of premises
Trading income
---------- ---------- ---------- ---------- ----------
---------- ---------- ---------- ---------- ----------
5. INVESTMENT INCOME
Unrestricted Restricted Endowment Total Total
Funds Funds Funds 2024 2023
£ £ £ £ £
Deposit interest 84 84
General Investment Fund
Rents investment properties
Other investment income
---------- ---------- ---------- ---------- ----------
Deposit interest 84 84
---------- ---------- ---------- ---------- ----------

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THE TYRONE PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont’d)

NOTES TO THE ACCOUNTS (cont’d) 31 December 2024

6. OTHER INCOME

Unrestricted Restricted Endowment Total Total
Funds Funds Funds 2024 2023
£ £ £ £ £
Insurance claims
Other income
---------- ---------- ---------- ---------- ----------
---------- ---------- ---------- ---------- ----------
7.
RAISING FUNDS
Unrestricted Restricted Endowment Total Total
Funds Funds Funds 2024 2023
£ £ £ £ £
Fundraising events
---------- ---------- ---------- ---------- ----------
---------- ---------- ---------- ---------- ----------
8.
CHARITABLE ACTIVITIES
Unrestricted Restricted Endowment Total Total
Funds Funds Funds 2024 2023
£ £ £ £ £
Presbytery ministry and support 12260 12260 11705
staff costs
Presbytery running expenses 1317 1317 356
Donations to missions and
charities
PW Link 1887 1887 2036
Governance costs
---------- ---------- ---------- ---------- ----------
15464 15464 14097
---------- ---------- ---------- ---------- ----------

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THE TYRONE PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont’d)

NOTES TO THE ACCOUNTS (cont’d) 31 December 2024

9. OTHER EXPENDITURE

----- Start of picture text -----
|| |---| |Investment properties expenses|

----- End of picture text -----

Unrestricted Restricted Endowment Total Total
Funds Funds Funds 2023 2022
£ £ £ £ £
---------- ---------- ---------- ---------- ----------
---------- ---------- ---------- ---------- ----------

10. FIXED ASSETS

The presbytery owns no premises.

11. INVESTMENTS

The Presbytery has the following investments. Amounts are shown at market valuation.

2024 2023
£ £
General Investment Fund
Property
Other investments
---------- ----------
---------- ----------

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THE TYRONE PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont’d)

NOTES TO THE ACCOUNTS (cont’d) 31 December 2024

12. FUND BALANCES

Fund Balance Receipts Payment Surplus / Transfer Balance
at start (Deficit) at end
£ £ £ £ £ £
Unrestricted Funds
Presbytery Fund 4946 13603 13577 27 4973
PW Link 304 2083 1887 196 500
---------- ---------- ---------- ---------- ---------- ----------
5250 15687 15464 223 5473
---------- ---------- ---------- ---------- ---------- ----------
Restricted Funds
---------- ---------- ---------- ---------- ---------- ----------
---------- ---------- ---------- ---------- ---------- ----------
Endowment Funds
---------- ---------- ---------- ---------- ---------- ----------
---------- ----------- ----------- ----------- ----------- ----------
Total 5250 15687 15464 223 5473
---------- ---------- ---------- ---------- ---------- ----------

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