Rugby Avenue Congregational Church Trustees’ Report and Financial Statements for the year ended 31 December 2025
Receipts and Payments Account For Financial Year ended 31 December 2025
| Unrestricted | Restricted | Endowment | |||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Total | Total | |||
| Note | 2025 | 2025 | 2025 | 2025 | 2024 | ||
| Receipts | £ | £ | £ | £ | £ | ||
| Donations and legacies | 3 | 23,902 | 2,540 | - | 26,442 | 21,516 | |
| Investment/Bank Income | 4 | 2,348 | - | - | 2,348 | 1,817 | |
| Other Income | 5 | 604 | - | - | 604 | 596 | |
| Total Receipts | 26,854 | 2,540 | - | 29,394 | 23,929 | ||
| Payments | |||||||
| Raisingfunds | 6 | - | - | - | - | 95 | |
| Charitable activities | 7 | 25,058 | 3,679 | - | 28,737 | 26,399 | |
| Total Payments | 25,058 | 3,679 | - | 28,737 | 26,494 | ||
| Net ofReceipts/(Payments) | |||||||
| before Transfers | 1,796 | -1,139 | - | 657 | -2,565 | ||
| Transfers between Funds | -1,172 | 1,172 | - | - | - | ||
| Surplus/(- Deficit) forthe year | 624 | 33 | - | 657 | - | 2,565 | |
| Reconciliation | |||||||
| Funds broughtforward | 93,894 | - | - | 93,894 | 96,459 | ||
| Surplus/(- Deficit) forthe year | 624 | 33 | 657 | - | 2,565 | ||
| Fundscarriedforward | 9 | 94,518 | 33 | - | 94,551 | 93,894 |
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Rugby Avenue Congregational Church Trustees’ Report and Financial Statements for the year ended 31 December 2025
|
Statement of Assets and Liabilities As at 31 December 2025
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|---|---|---|---|---|---|---|---|---|---|
|Unrestricted|Restricted|Endowment|
|Funds|Funds|Funds|Total|Total|
|2025|2025|2025|2025|2024|
|Note|£|£|£|£|£|
|Funds|Reconciliation|
|Bank|and|Cash|at|start of year|93,894|-|-|93,894|96,459|
|Net|movement|in|funds|624|33|-|657|-|2,565|
|Bank and|Cash|at|end|of year|94,518|33|-|94,551|93,894|
|Bank &|Cash|Balances|
|Bank|Deposit Accounts|54,208|51,973|
|Bank|Current Accounts|40,343|41,921|
|Total|Bank & Cash|Balances|94,551|93,894|
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Approved by the Trustees at a meeting on 18 March 2026 and signed on their behalf by:
Margaret Stokes Treasurer
Date: 18 March 2026
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Rugby Avenue Congregational Church
Trustees’ Report and Financial Statements for the year ended 31 December 2025
Notes to the financial statements
1. Accounting Policies
Accounting standards
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 payment basis.
Fund accounting
Unrestricted funds are expendable at the discretion of the management committee in the furtherance of the charitable objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor.
Endowment funds, in simple terms, refers to a gift of property or money given to a charity as a restricted fund. Trust law requires a charity to invest the assets of an endowment, orto retain them for the charity’s use in furtherance of its charitable purposes, rather than apply or spend them as income. The income generated from endowment funds held for investment is then used to further the purposes of the charity.
2. Status
The Rugby Avenue Congregational Church is an unincorporated association and is registered with the NI Charities Commission with registration number NIC100952.
3. Donations and Legacies
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|---|---|---|---|---|---|---|---|---|
|Unrestricted|Restricted|Endowment|
|Funds|Funds|Funds|Total|Total|
|2025|2025|2025|2025|24|
|£|£|£|£|£|
|Freewill|Offerings|7,425|-|-|7,425|6,610|
|Collections|8,241|378|-|8,619|8,296|
|Donations,|grants|and|gifts|3,225|2,162|5,387|2,840|
|Gift|Aid|on|Donations|5,011|-|-|5,011|3,770|
|Total|Donations and|Legacies|23,902|2,540|-|26,442|21,516|
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Rugby Avenue Congregational Church
Trustees’ Report and Financial Statements for the year ended 31 December 2025
Notes to the financial statements continued
4. Investment Income
| Unrestricted | Restricted | Endowment | ||||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Total | Total | ||
| 2025 | 2025 | 2025 | 2025 | 2024 | ||
| £ | £ | £ | £ | £ | ||
| Total Bank Interest | 2,348 | - | - | 2,348 | 1817 | |
| Total Investment Income | 2,348 | - | - | 2,348 | 1817 | |
| 5. | OtherIncome | |||||
| Unrestricted | Restricted | Endowment | ||||
| Funds | Funds | Funds | Total | Total | ||
| 2025 | 2025 | 2025 | 2025 | 2024 | ||
| £ | £ | £ | £ | £ | ||
| Event Income | 601 | - | - | 601 | 594 | |
| Other Income | 3 | - | - | 3 | 2 | |
| Total Other Income | 604 | - | - | 604 | 596 | |
| 6. | Raising Funds | |||||
| Unrestricted | Restricted | Endowment | ||||
| Funds | Funds | Funds | Total | Total | ||
| 2025 | 2025 | 2025 | 2025 | 2024 | ||
| £ | £ | £ | £ | £ | ||
| FWO Envelopes | 0 | - | - | 0 | 95 | |
| TotalRaisingFunds | 0 | 0 | 0 | 0 | 95 |
Nil expenditure in 2025 as sufficient FWO envelopes remained from those purchased in 2024.
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Rugby Avenue Congregational Church
Trustees’ Report and Financial Statements for the year ended 31 December 2025
Notes to the financial statements continued
| 7. | Charitable Activities | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | |||||
| Funds | Funds | Funds | Total | Total | |||
| 2025 | 2025 | 2025 | 2025 | 2024 | |||
| £ | £ | £ | £ | £ | |||
| Ministry and Support Staff | |||||||
| Costs | 12,422 | - | - | 12,422 | 11,828 | ||
| Congregational Running | |||||||
| Expenses | 3,142 | - | - | 3,142 | 2,786 | ||
| Christmas Dinner Catering | 624 | 624 | 650 | ||||
| Building Maintenance | |||||||
| Expenses | 8,820 | 7 | 8,820 | 6,812 | |||
| Donations to Missions & | |||||||
| Charities | - | 3,679 | - | 3,679 | 3,935 | ||
| Congregational Union of | |||||||
| Ireland Subscription | - | - | 110 | ||||
| Governance Costs | 50 | - | - | 50 | 278 | ||
| TotalCharitableActivities | 25,058 | 3,679 | - | 28,737 | 26,399 |
8. Fixed Assets
The congregation owns the Church premises situated at 8 Queensfort Road, Carryduff, BT8 8NG and the associated fixtures. These have an insurance value of £2,721,949
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Rugby Avenue Congregational Church Trustees’ Report and Financial Statements for the year ended 31 December 2025
Notes to the financial statements continued
| 9. | Fund Balances | |||
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Unrestricted Funds | ||||
| At 1 January | 93,894 | 96,459 | ||
| Net Surplus/(- Deficit)fortheyear | 1,796 | - | 1,352 | |
| Funds transfer | -1,172 | -1,213 | ||
| At 31 December | 94,518 | 93,894 | ||
| Restricted Funds | ||||
| At 1 January | - | - | ||
| Net Surplus/(- Deficit)fortheyear | -1,139 | -1,213 | ||
| Funds transfer | 1,172 | 1,213 | ||
| At 31 December | 33 | : | ||
| Endowment Funds | ||||
| At 1 January | - | - | ||
| Net Surplus/(- Deficit)fortheyear | - | " | ||
| Funds transfer | i | - | ||
| At 31 December | : | - | ||
| TotalFunds | 94,551 | 93,894 |
10. Reimbursements to officers and the management committee
There were no expenses incurred by the officers and management committee members in undertaking the activities of the charity which required to be reimbursed.
Apart from the Minister (as declared within the Trustee’s Report above) no other Trustee, Principal Office Bearer or Management Committee member received any remuneration during the year (2024: ENil).
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Eee
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