W.JOUba'T CALVARY PENTECOSTAL C.XkJP.CH, BALLYIU]ONEY
Balance Sheet as at 31st January 2025
Total
2025
Total
202-4
Notps
Fixed Asbolt
Tangible Fixed Assets
749,673 762,828
749,673 762,828
CLl17anr Avo&t
Debtors
Casli at bank and in hand
2,035
2,003
320,018 274,849
153 270,812
CreqSiÉors - falling due Ivithin one year
Net Currpnt Assets
322,053 276,822
Creclitors -'l-Iling due after one year
NET ASSETS
1,071,726 1,039,650
Us1d%
Urirestricted Funds
Resti Icted Funds
322,053 276,822
749,673 782,828
TOT.4L FUINDS
I I,A 20 1,039,850
1,O*J ?
Approved by Trdstees at a meeting on
cigned on it> behalf by:
-y-a¥
s/o/25

MOliNT CALVARY PENTECOST.4L CHLIRCI4, BALLYftslONEY
Statement of Financial Activities for the Year ended 31st January 2025
Ur)restricted Restribted Total
Fund
Fuinds
?025
otsl
2J?b.
Income
Tithes and Orferings
Building Fund
Special Gifts
Ca'ie*Éiig - FuilPI-dlo
IricoTe rrom CD'slDens
Iisc Fund Raising
NW200 Carparking
Gift Aid Reclaim
Iii tel est Received
OD Proj-
K,1emoi"iaiQ
nhurch Di1711￿r
69,210
63,792
e,940
2,000
69,210
7,113
7,113
1 OiJj
1iG
11'iQ
100
1,300
100
1,300
9,116
9,116
8,391
9?0
1"07￿1 Income
80,646
7,11)
e7,759
86, 193
ufr'e
Repdli s & Maintenance
Insurance
t: Light & Power
.4di,'eiiising,IWlabsite
qSiOl-S Ificorfle
Paitors =xpensa"
ffloiher & trathers Day
Sunday School
Church Dinner. BBQ & Da51 trip
Bank Charges
CleGr;iD.glSdn;•&"!saLiOI I Supr!j¥o
SLa-ioii-
Ajeoions
Rerordiiig qLipplies
Accour,t2n.cy ", eas
Sundry
SDeGkeiS
2,4?8
2,003
466
2,468
2,003
5,166
2,381
2,6fJA
1LaQ
105
541
1,178
7g1
1a50
105
1778
701
9?07
r>?5
77?
5.K69
150
756
1,8?3
0.562
150
756
1,823
iiepreGia'iori
1ti,i,S=
Total Expenditure
39,6;
16,005
5a,683
0:?,￿9L.
Net lilcoame before transfers
40.9ti8
-8,893
4C..?fj
NhO••K movetfi¢.IL i.n fLFnds
45,A3".
?,q55
IIK).4,33
l-ot,41 furlds b! Olla.(It for•49rd
,828 "i,CJ9,000 9q=

MOUNT CALVARY PENTECOSTAL CHURCH, BALLYMONEY
Jotes to the Financial Statements - year enL¥cd 31st J>rJuarv 2025
ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
Tha financial staiemani.s hax;e been preoai.ed in an-
Stdte: nent Oi
-KJordan.ce with AocounLifig aD,d Reporl,itig by Chcfi'tieo
EIFconimendeu Prdciice appiinabl- to cnariLies preDarino tiieir aCknOLillLS ifi i acroi dance
ith Finaricial Reporting Standard applicable in the UK and Ireland (FRS102) (eieciive 1 January 2015).
The financial statements have been prepared under the historical cost conveii tion except for investment
assets, which are shown at market value. The financial statements include all transactons, assets
and liaDilities for which the congregation is responsible in lavi.
FUND APCOk•liN-fiNG
Endowment funds are funds, the capiLal of which must by retained either permanenTly or at the
coigregation's discretion. the income o'erived from the endowment is to be used eithei as resLricted
oi" unreotricted income funds depending upon th¢A purpose ior wnich the endo%'dmeni vjab established
in tne rirsi pl?=
Restricted funds comprise (a) iricome from endowments wnich is to be expended only on Lhe rrstricied
purposes inteded by the doiior and (b) revenue donations or grants for a specific congregational activity
intendea by the donor. Where these funds have unspent balances, intprest on their pooled invastmen.
is apportioned to tb,e individual fiinds on an average balance basis.
Uii fESiJ icied fLinds are iD.con?e Tunds '.,
DesiGnatea iup.ds are gen.eial funds set aside oy tne congreoallop, ?or Lise ir) frhe Tu+Lira
I pufDoseè.
INCOMING RtSOURCES
(i)
P.ecognition of ine•oming resources
T.riese dre inblu,ded. in t4a S"L'Jirment O) i- ifi¢.ncic"'
con¥n¢egation uecomes e,iY'-: ,
The trustees are virtually certain t&"?C*Jl,' I,'di!I ,"eK•eive tha resources and
The monetary value can be mf4*-
.Lkn•Jlirert Iiijih sufficient reliability
(s=
(li)
Incoming resources with related expenditure
Vh,ere incoiTlllI g resi3Lirces hdV= reijatpd. caxpendiLure (as vjith fundraisiig tficome) tb,e incomiig
ra%￿sourceS and ", el-ted axpenditure are reported groaes Ifi Lne SOFA.
(iii)
Grants and donations
Grants and donaiions are only included in thc SOF,4 when the Coiigregdticn has (Jnconditional
enitlement to the resourcas.
Tax re
ims on doriCltllOD.b ap:d gifts
Incorr:ing resources frcm Lax reclaims aLe in￿luded in tb,e SOFA at ihe ¢amKe time d) Lhe gift tv ￿(lIch
they relate.
EXPENDITURE AND LIABILITIES
{v)
Lgab"6ity recognitioi
Liaoilities 21 e rer*oGnised as soon as tkiere ie a legal Oi" ftO:"lJTI"lJCtib•o cbl: J-
-tion =ommiiiing .
Coiigregation tc paj oui resourceo
he

MOUNT CALVARY PENTECOSTAL CHURCH, BALLYMONEY
Notes to the Flnancial Statements ~ year ended 31st January 2025
ASSETS
(vi)
Tangible Fixed Assets
The Church Building and Halls are recognised at cost, being tha estimated fair value of the property.
No depreciaLion has been provided on the Church Building as the current estimated residual value
is not less tnan ils i•arying value and the remGining uReful life currentlij exceeds 50 yaars.
Tangibl- fixed assets for lise by the charity are capitalised if they can be used for mo",e than Oli e year.
year. They are valued at cost or, if gifted, at the value to the congregation on receipt.
Depr•ciation is recorded on all tangible fixed assets other than buildings, at rates calcula'ted to
wriLe off the cost of each asset over its expected useful life as follows:
AV, Souno &. TpchTrica! Eq p￿,-
o'dei 4 yi41
Fixtures, Fittings and Equipment
over 10 years
TANGIBLE FIXED ASSETS
Land
AV, SoiJi1d
Fittings &
Buildings & Tech Equip Equipment i otal
Cost
siart cf >'e2r
ikn.ditions
iSPOS21s
At end of year
731,134
47,639
34 768 813,538
630
2,850
731,131
49,859
3i,398 816.388
DepreciaLicn
At start of year
Provisi.)D. for lie2",
Elirniiiaiion or, d.:
AL end of year
36,886
13.824
?.ts40
50,710
Iti.OO'=
49.35.,
17,aS4
66,71?
Net Book Value
At start of year
731,11)1
', 0,753
20,944 762,828
Al. er,cl o! l'ear
731,1?1
18.b'3A
14CJ,672
ANALYQIS OF NET AQSETS BETWEEN FUNDS
Unresiricisr4 Reetrictod
i UV,aS
Oi'a!
Tangible Fixed Assets
Current Asseto
redi'ors dLie 2fter one year
749,673 749,612
322,053
322,053
322,053
749,073 1,071,726