BANGOR FREE PRESBYTERIAN CHURCH TRUSTEES, ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 The Charity Commission for Northern Ireland Number: 109410 HMRC Charities Reference Number: XN45143
BANGOR FREE PRESBYTERIAN CHURCH References and administrative details Charlty Name Bangor Free Presbyterian Church The Charlty Comm1551on for Northern 109410 Ireland Number HMRC Charities Reference number XN45143 Trustees Mr John Graham Rev Joshua Moffatt Mr David Browne Mr Brian Mcveigh Mr Selwyn Daly Contact Address 277 Clandeboye Road Bangor Co Down BT19 IAA Independent Examlner Rachel Wilson 39 Millreagh Avenue Dundonald BT16 Ir Bankers Santander Business Banking Operations Sunderland SR43 4TW
BANGOR FREE PRESBYTERIAN CHURCH Trustee< Report For the year ended 31 December 2024 The Trustees present their annual report and financial statements for the year ended 31 December 2024. Introduction 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 of Ulster is a worldwide Protestant Reformed denomination consisting of congregations which accept and uphold the Articles of Faith. It is Protestant in its basis, 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 Jesus Christ as the Great King and only Head of The Church. The Word of God, as contained in the Scripture5 of the Old and New Testaments, is its only rule of faith and practice. Artlcles of Falth The Absolute Authority and Verbal Divine Inspiration of the Old and New Testaments 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 Sonship, Virgin Birth and Deity of our Lord and Saviour Jesus Christ; The personality of God the Holy Spirit, and the absolute necessity of His work in Regeneration and Sanctification, and Hi5 inf illing 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 God ha5 appointed besides the Word and Prayer the Sacraments of Baptism and the Lord's Supper., Baptism. The Free Presbyterian Church of Ulster, under Christ the great King and Head of the Church, realises that bitter controversy raging around the ordinance of Christian Baptism 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 Presbyterian Church of Ulster shall have liberty to decide for themselves which course to adopt, each member giving due honour In love to the views held by differing brethren, but none espouslng the error of baptismal regeneration; The Lord's 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 is for strengthening, and the putting of a visible difference between the redeemed and the unregenerate. Thi5 Sacrament will be observed once each month in every Free Presbyterlan Congregation, or more, or less frequently as each local congregation shall decide; and The visible and personal return of Our Lord Jesus Christ. These Articles of Faith, together with the Larger and Shorter Catechism5, 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 Scripture5, the subordinate standards of the Articles of Faith, the Westminster Standard5, and the Book of Church Order.
BANGOR FREE PRESBYTERIAN CHURCH Public Benefit This congregation of the Free Presbyterian Church of Ulster meets the public benefit requirement. The Church is established to benefit its members and the general public, both at home and abroad through the advancement 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 souls to saving faith in Jesus Christ, repentance from sin and the holding to orthodox Bible religion. Adherence to this framework leads to spiritual and moral development and wider society living in accordance with God's moral law. It encourages demonstrable acts in the world such as fervent evangelism, missionary effort, the establishment 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 benefits are further demonstrated through attendance at public worship as well as regular evaluation of activities, informal and ad-hoc feedback from members, their families, and the general public. The purpose does not lead to harm. The charity'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 has an opportunity to minister. The only private benefits 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 good5 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. Activities and Events Bangor Free Presbyterian Church carries out the following activities The church conducts public worship through the following regular services- Lord's Day morning and evening worship, prayer meetings, Sunday School, weekly prayer meeting, youth fellowship, parent and toddler group and children's Bible club. Conducts Public worship through the following special services- Gospel Missions, teaching conferences, 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 meetin85 The Kirk Session interview and accept new communicant members The Kirk Session provide pastoral support for the members and attendees The Kirk Session 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 Commi55ion 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.
BANGOR FREE PRESBYTERIAN CHURCH 5triiffiirfr. Govrrn.Iniw ,Inrt M.In.Igomenl Finanlial Roview Tlii) 11)47111 Iiri.'e nl IiiioiTr)e Is froni wpL kly olfef IIIF,s. an(1 voliinliify F,ifis dn(I dvnali<)ns, siipplftnicnted b'i thp Iise of Gill Ai(1 ai1d ilie Ci Ill •li(1 Small DonaliOliS S(henie. I'lic tota l an)niii)I I QLesved diirinK ilie year iimoiii)Icd to { l J 5.286 from wliich lot411 P¢iymenls in the amc)iJnl of £ 99,679 Ive i e iiiadc, leaviiif A net s(ITplus of £15.607 for the ycar compJfe(I wilh a iifrt Suf plijs DI £21.157 in ihe previou J year. Cash f Linds he. Id al Ihe year eiid anioiinlod to 1141.62612023.. £126,0191. I l)e Church reserves polity is lo accumulate sullicient reseDies to Pfovide cover for 12 monil)s operatinp expenses and , uliire capital projects. Goine Concern Tlie irusiees have reviewed the budgets for the year al)ead and are salisfied that there are adequale f unds in place to ensure tl)ai ihe Church can continije its activilies and ihe financial statements for Ihe year ended 310pcember 2024 can be Signed off a5 a going concefn. Statement of Trustees, Responsibilities The irusiees are responsible for preparing the Trustees, report and the financial statements in accordance wilh applicable law and United Kingdom Accounting Slandards (United Kingdom Generally Accepted Accounting Practice). The 13w applicable lo charities in Northern Ireland requifes the Irustees to prepare financial statemenls for each financial year which give a true and fair view of the stale of affairs of the charity and of the incoming resources and application of resources of the charity for that financial year. The trustee5 are responsible for keeping accounting recofds that are sufficient to show and explain the Church's transactions and disclose with reasonable accuracy at any time the assets and liabililies of the Church. They are also responsible for safeguarding Ihe assets of ihe Church and hence for taking reasonable steps for the prevention and deiection of fraud and other irregularities. The Irustees, report was approved by ihe Board of Trustees. Trustee Trustee Datt: /0
BANGOR FREE PRESBYfERIAN CHURCH Independent Examiners Report to the Charity Trustees of Bangor Free Presbyterian Church I report on the accounts of the Charity for the year ended 31 December 2024, which are set out on pages 7 to 8. Respective responsibilities of Charity Trustees and Examiner As the Charity's Trustee5 you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to: Examine the accounts under section 65 of the Charities Act Follow the procedures laid down in the general Directions given by the Commission under section 65(9){b) of the Charities Act State whether particular matters have come to my attention Basls of Independent Examiner's Report I have examined your Charity accounts as required under settion 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(9llb) 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 a150 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: l. That the accounting records were not kept in accordance with section 63 of the Charities Act 2. That the account 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 and have no concerns in respect of the matters {1) to (41 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: Rachel Wilson, MIATI Address: 39 Millreagh Avenue, Dundonald, BT16 ITZ Date: 2211012025
BANGOR FREE PRESBYfERIAN CHURCH Receipts and Payments Account For the Year Ended 31 December 2024 Unrestricted funds Restricted funds Total 2024 Total 2023 Note Recelpts Volunta Recei ts Offerings and Gifts Bank Interest Other Receipts 107,350 1,066 6,500 113,850 1,066 106,784 682 6CK) From Charitable Activities Other 370 370 538 Total RecelptS 108,786 6,500 115,286 108,604 Payments Cost of Fundraisin Cost of Charitable Activities Grants and Donations Governance Costs 83,781 3,868 83,781 10,498 74,762 12,685 6,630 Asset and Investment purchases Purchase of Fixed Assets Total Payments 5,400 93,049 5,400 99,679 6,630 87,447 Net receiptsl(payments) 15,737 -130 15,607 21,157 Transfers between funds -130 130 Fund surplu51{deficit) for the year 15.607 15.607 21,157 Cash and Bank Reconciliation Balance at start of year Surplus/{deficit) this year Cash at bank and in hand at year end 126,019 15,607 141,626 126,019 15.607 141,626 104.862 21,157 126,019
BANGOR FREE PRESBYTERIAN CHURCH Statement of Assets and Liabilities As at 31 December 2024 2024 2023 Nole Assets Rétained for Church Own Use Manse Church Fixtures aiid Filtings 198.795 1.364.084 72,410 198,795 1.364,084 72,410 1.635,289 1,635,289 Cash Funds Currenl Accounts Deposit Accounts Total Cash Funds 16.301 125,325 10.671 115.348 141.626 126,019 Llabilities Other Loans Net A55ets 1,776,915 1,761,308 Represented By Funds Unrestricted funds Restricred funds General 141,626 126,019 Income Capiial 1,635,289 1,635,289 1.635.289 1,635,289 Funds at Yeaf End 1,776.915 1,761,308 Tl)e financial statemenis were approved by the Trustees on by.. and si8ned on their behalf Tfustee Trustee