Aughnacloy Free Presbyterian Church Financial Accounts for year ended 31st December 2024
Aughnacloy Free Presbyterian Church Trustees, Annual Report Year ended 31 December 2024 References and administrative details Charity Name Aughnacloy Free Presbyterian Church The Charity Commission for Northern NIC109378 Ireland Number HMRC Charitie5 Reference number XN68802 Trustees Rev. Simon Anderson Mr Stephen Hanthrone Mr Benson George Mr David Aiken Mr Clifford Ewart Mr Robert Henderson Mr Howard McFarland Contact Address 42 Caledon Road, Aughnacloy, Co Tyrone, BT69 6HX Independent Examiner Thomas Oliver and Associates Limited Certified Public Accountant l Moygashel M ills Park Dungannon Banker5 Danske Bank, 45-48 High Street. Portadown, BT61 ILB
Aughnacloy Free Presbyterian Church Trustees, Report For the year ended 31 December 2024 The Trustees present their annual report and financial statements for the year ended 31 December 2024. Introdurtion The Free Presbyterian Church of Ulster came into being on 17th March 1951 as a testimony to the historic faith of Presbyterians that emphasised the inspiration and authority of Scripture against the liberal, rationalist infidelity that had made serious inroads into Presbyterianism in Ireland as well as the other main Protestant denominations. The Free Presbyterian Church Lif Ulster is a worldwide Protestant Reformed denomination consisting of congregations which accept and uphold the Articles of F3ith. It 15 Protestant in its basi5, Presbyterian in its government, Reformed in its doctrine, Evangelistic in its ministry, Fundamentalist in its stand and defence of the Historic Christian Faith. and subject only to the Lord Jesu5 Christ as the Great King and only Head of The Church. The Word of God, a5 contained in the Scriptures of the Old and New Testaments, is its only rule of faith and practice. Articles of Faith The Absolute Authority and Verbal Divine Inspiration of the Old and New Testament5 as the Word of God,. There is but one living and true God, and in the Godhead there are Three Persons, equal in power and glory, God the Father, God the Son, and God the Holy Ghost", The Eternal 5onship, Virgin Birth and Deity of our Lord and Savlour Jesus Christ; The personality of God the Holy Spirit, and the absolute necessity of His work in Regeneration and Sanctification. and Hi5 infilling of the indwelt Believer for power to live and witness for Christ; The Substitutionary death of the Lord Jesus Christ and His Resurrection as the only way of Salvation from sin through Faith- God has appointed besides the Word and Prayer the Sacraments of Baptisrft and the Lord's Supper,. Baptism. The Free Presbyterian Church of U15ter, under Christ the great King and Head of the Church, realises that bitter controversy raging oround the ordinance of Christian Bapt15m has divided the Body of Christ, when that Body should have been united in Christian love and Holy Ghost power to stem the onslaughts and hell- inspired assaults of modernism, hereby affirms that each member of the Free Presbyterlan Church of Ulster shall have liberty to decide for themselve5 which course to adopt, each member giving due honour in love to the views held by differing brethren, but none espousing the error of baptismal regeneration; The Lord'5 Supper. The Lord's Supper has been appointed by our Lord for Remembrance of Him in His work as Saviour. Its purpose to the child of God 15 for strengthening, and the putting of a visible difference between the redeemed and the unregenerate. This Sacrament will be observed once each month in every Free Presbyterian Congregation. or more, or le55 frequently as each local congregation shall decide; and The visible and personal return of Our Lord Jesus Christ. These Article5 of Faith, together with the Larger and Shorter Catechisms, and the Westminster Standards form the Subordinate Standards of the Free Presbyterian Church of Ulster. Purpose The Objective of the Church is to promote the advancement of religion in accordance with the Holy Scriptures, the subordinate 5tandard5 of the Articles of Faith, the Westminster Standards, and the Book of Church Order.
Aughnacloy Free Presbyterian Church Public Benefit This congregation of the Free Presbyterian Church of Ulster meets the public benefit requirement. The Church is esta blished to benefit its members and the general public, both at home and abroad through the aclvancement of religion. The benefits which flow from its purpose include the holding of public worship and fulfilment of the Great Commission to preach Christ crucified in all the world, the coming of sou15 to saving faith in Jesus Christ, repentance from sin and the holding tc* orthodox Bible religion. Adherence to this framework leads to spiritual and moral development and wider society Irving in accordance with God's moral law. It encourages demonstrable act5 in the world such as fervent evangelism, mi55ionary effort, the esta blishment of new churches, the instruction of students for Christian service, the progress of Christian schooling and the provision of pastoral care, and humanitarian relief. The benefit5 are further demonstrated through attendance at public worship as well a5 regular evaluation of activities, informal and ad-hoc feedback from member5, their families, and the genera I public. The purpose does not lead to harm. The charitf s beneficiaries are the Christian Church and the general public within society in Northern Ireland and wherever across the world the Free Presbyterian Church of Ulster h35 an opportunity to minister. The only private benefit5 flowing from this purpose are to those Members who would receive reasonable remuneration paid in respect of employment by the Church,. those members who may enter into contracts with the Church and receive reasonable payment for goods and services supplied; where a member may benefit as a student at our Bible Colleges; or where Someone from a memberfs family may benefit as a pupil at a Christian school. These private benefits are incidental and necessary to ensure the public benefit is provided to our beneficiaries. Artivities and Events Aughnacloy Free Presbyterian Church tarries out the following activities The church conducts public worship through the following regular services- Lord's Day morning and evening worship. prayer meeting5, Adult Bible Class, Sunday School, Weekly Prayer Meetin8, Youth Fellowship, monthly Ladies Fellowship, Children's Meeting and Holiday Bible Club. Conduct5 Public worship throvgh the following special services- Gospel Missions, teaching meetings, special times of prayer, Youth rallies, baptism Services and other special meetings. The Elders attend the monthly Presbytery meetings Representatives attend the monthly Missionary Council meetings The Kirk Session interview and accept new Communicant member5 The Kirk Se55ion provide pastoral support for the members and attendees The Kirk Se55ion meet regularly to provide spiritual oversight The Church Committee meets regularly to oversee the financial and practical matters The Church supports the work of Radio and TV broadcasting through Let the Bible Speak and the training activities in the Whitefield College of the Bible. Encourages fervent evangelism in the rest of the UK through the work of the Mainland Commission and the growing missionary work through the Mission Board and The Free Presbyterian Mission Society Africa. Supports the work of Christian Education through the work of the Education Board. Structure, Governance and Management The Trustees meet on a regular basis to discuss the work of the church, and to make decisions concerning the activities within the church. Matters are reported to Church Members at the Annual Gener31 Meeting when the Financial Report 15 given and the Accounts are presented. The Church Committee meets regularly to take delegated responsibility on behalf of the members of the Kirk Session to assist it in managing the Church's finances and asset5 and in making decisions regarding the day to day financial and materia l affair5 of the Church.
Aughnacloy Free Presbyterian Church Financial Review The main source of income is from weekly offerings, and voluntary gifts and donations, supplemented by the use of Gift Aid and the Gift Aid Small Donations Scheme. The total amount received during the year a mounted to £ 124,196 from which total payment5 in the amount of £ 103,564 were made, leaving a net surplus of £ 20,632 for the year compared with a net surplus of 20,004 in the previous year. Cash funds held at the year end amounted to £ 142,59112023.. £ 24,4321. The Church reseNes policy is to accumulate sufficient reserves to provide cover for 12 months operating expenses and future capital projects. Going Concern The trustees have reviewed the budgets for the year ahead and are satisfied that there are adequate f unds in place to ensure that the Church can CDntinue its activities and the financial statements for the year ended 31 December 2024 can be signed off as a going concern. Statement of Tru5tees' Responsibilities The trustees are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice). The law applicèble to charities in Northern Ireland requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the iiicoming resources and application of resources of the charity for that financial year. The trustees are responsible for keeping accounting records that are sufficienL to show and explain the Church's tr3nsactions and disclose with reasonable accuracy at any time the assets and liabilities of the Church. They are also responsible for safeguarding the assets of the Church and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees, report was approved by the Board of Trustees. Trustee Trustee nd Date.. 2 October 2025
Aughnacloy Free Presbyterian Church Independent examiner's report to the charity trustees I report on the accounts of the for Ihe ye8r ended 31. December 2024 Respectlve responsibilities of charity trustees and examiner As the charity's trustees you are re5POn5ible for the preparation of the accounts in accordance with the Charities Act (Northern IreLanUI 2008. It is my responsibilityto: examine the accounts under section 65 of the Charities Act follow the procedures laid down in the general Directions given bythe Charity Commission for Northern Ireland under section 6519llbl of the Charities Act . statewhetherparticular matters have come to my attention. Basls 01 examlner's statement I have examilled 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 lor Northern Ireland under section 6519llbl of the Charlties Act. The 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 charitytrustees concerning any such matters. Myrole Is to state whetheranymaterial matters have cometo myattention giving me cause to believe: l. That accounting records were not kepi as required by section 63 of Ihe Charities Act 2. That the accounts do not accortt with those accounting records 3. That the accounts do not comply with the accounting requirements of the Charitles Act 4. Thatthere is further information r7eeded for a proper understanding otthe accounts to be reached. Independent examiner's statement I have completed my examlnatlon and have no concerns in respect of the matters111 to141 listed above and, in connection with following the Directions of the Charity Commission lor Northern Ireland. I have found no matter5 that require drawingto your attention. Thomas OllverandAsso¢iate5 Limlted Certified Public Accountant l Moygashel Mllls Park Dungannon BT717DH nd 2 October 2025
Aughnacloy Free Presbyterian Church Receipts and Payments Account For the year ended 31 December 2024 Unrestricted funds 2024 Unrestrlcted ftinds 2023 Note Receipts Volunta Recei ts Offerings and Gifts Bank Interest Other Receipts 123,616 408 172 104,009 191 2,120 Total Receipts 124,196 106.320 Payments Cost of Fundraising Cost of Charitable Activtties Grants and Donations Governance Costs 70,494 8,122 23.622 59.748 4,208 21,748 Asset and investment purchase5 Purchase of Fixed Assets Total Payments 1,326 103,564 612 86,316 Net receipts/(paymentsl 20,632 20.004 Transfers between funds Fund 5urplus/ldeficitl for the year 20,632 20,004 Cash and Bank Reconciliation Balance at start of year Surplus/ldeficitl this year Cash at bank and hand at year end 1240,684) 20,632 {220,052) {260,687) 20,004 (240,6841
Aughnacloy Free Presbyterian Church Statement of Assets and Liabilities as at 31 December 2024 Z024 20Z3 Note Assets Retained forchurch Own Use BuildinE5 Fi¥tures anL4 Fittings 937,009 S,895 937,009 4.569 942,904 941.578 Cash Funds Current Accounts 142.591 24,432 TDial Cash Funds 142,591 24,432 Liabilst>es Other LDan5 362.642 265,117 1362,6421 1255,1171 Net Asset5 722,8S3 700,893 Represented Sy Fund5 Fund5 at Year End 722,853 700,893 rhe financial statements were 3pproved by the Trustees on 2n0 Ottober 2025 and signed on IheiT behalf by.. Trustee Trustee