CHRISTCHURCH CARRICKFERGUS Income and Expenditure Account for the year ended 31 March 2024 Total Funds 2024 Total Funds 2023 Unrestrieted Restrieted Funds Funds Notes INCOMING RESOURCES Grants and donations 28,622 11,098 39,720 44,475 Other Income 2,328 1,532 3,860 2,848 30,950 12,630 43,580 47,323 EXPENDITURE Administration costs 31,201 31,201 27,648 SURPLUS OF INCOME OVER EXPENDITURE FOR THE YEAR (251) 12,630 12,379 19,675 Accumulated Surplus of IncoTne over Expenditure carried forward at l April ?0?" 94,258 97,789 192,047 172,372 SURPLUS OF INCOME OVER EXPENDITURE AT 31 MARCH 2024 94,007 110,419 204,426 192,047
CHRISTCHURCH CARRICKFERGUS Balance Sheet as at 31 March 2024 Notes 2024 2023 Fixed assets Tangible asscts 460,658 460,658 Current assets Sundry debtors Bank balances 7,863 140,325 148,188 5,535 131,564 137,099 Creditors: amounts falling due within one year (4,420) (5,710) Net current assets 143,768 131,389 Total assets less current 604.426 592,047 Net assets 604,426 592,047 Financed by:_ CAPITAL FUND 400,000 400,000 FUNDS EMPLOYED Unrestricted fund Restricted funds 94,007 110,419 94,258 97,789 204,426 192,047 604,426 592,047 The financial statements were approved by the board of trustees on 14th January 2025 and signed on their behalf Jonathan Granl Esq (Chairn]an) Trustee Ms Ester Thompson (Secretary) Trustee
CHRISTCHURCH CARRICKFERGUS Notes to the Financial Statements for the year ended 31 March 2024 Aeeounting policies The financial statements of Christchurch Carrickfergus have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts and Pa>rynents rnethod. Incoming Resources Incoming resources are accounted for on a receivable basis deferred as described below Inveslment income Bank interest is included the income and expenditure account on a receipts basis. Resources wended Charitable expenditure includes all expenditure directly related to the objects of the charity and comprises the following'.- Costs of raising and generatin(r fun¢ls' Activities in flhe[ance of the charit) s objectiN'es; The costs of activities in furtherance of the charity's objectives represents the cost of goods and services and ancillary trading rosts that have been incurred in charitable activities" Support costs of activities. Support costs of activities for charitable purposes include salary costs. Management ld administration of the cFthrit)'; Management and administration costs represent expenditure incurred in the management of the charity'5 assets, organisational administration and compliance M-ith ch8riiable and statutory requirements. T&rallon As a charity, the Company benefits from i'arious exernptions from taxation, afforded by tax legislation. It is therefore not liable to corporation tax on itkcome or uains falling within those exemptions.
CHRISTCHURCH CARRICKFERGUS Notes to the Financial Statements for the year ended 31 March 2024 Incoming resources- offering5 and donations Total Funds 2024 Total Funds 2023 Unrestricted Funds Restricted Funds Tithes and offerings Buidling fund donations 28,622 28,622 11,098 33,660 10,815 11,098 28,622 11,098 39.720 44,475 Incoming resources- other income Total Funds 2024 Total Funds 2023 Unr¢s¢ricted Funds Restricted Funds Bank inlLr¢sl rcLLived Income lax relund on gift aid donations 1,532 1,532 2,328 298 2,550 2,328 2,328 1,532 3,860 2,848
CHRISTCHURCH CARRICKFERGUS Notes to the Financial Statements for the year ended 31 March 2024 Total resources expended Total Funds 2024 Total Funds 2023 Unrestricted Funds Restrieted Funds Clergv Minister's Salary Ministerial expenses Charitable Children and youth LIterare, advertising and stationery Ministry work, missioT)ary and travel Special events Premiscj Insurances Lit and heat Maintenance and repairs Rates and water charges Miscellaneous Accountancy fees Guest speakers Telephone Computer cosls Bank fees and interest Volunteer costs Sundry expenses 12,000 12,000 12,000 400 512 400 512 343 1,836 762 401 204 1,716 ,231 1,836 762 1,961 6,861 2,646 1,162 1,961 6,861 2,646 1,162 1,930 4,190 2,454 1,180 1,170 450 559 70 369 loo 1,170 450 559 70 369 100 500 430 182 31,201 31,201 27,648 Total resources expended (continued) 2024 2023 Other direct costs include: Trustees, remuneration Accountant's Temuv]eration (including expenses)= Independent Examiner's fee A¢¢ountancy services 12,000 12,000 300 870 300 930 io
CHRISTCHURCH CARRICKFERGUS Notes to the Financial Stalements for the year ended 31 March 2024 5 Fixed Assets Furnishings, rittlngs and equipment Land and buildings Motor ehieles Total Cost At l April 2023 Additions Disposals At 31 Marcb 2024 460,658 34.411 28,237 i23,306 460.658 34,411 28,237 523,306 Depreciation At l April 2023 Charge for the year On disposals At 31 MaTch 2024 34.411 62,648 34,411 62,648 Net book value At 31 March 2024 At 31 March 2023 460.658 460.6)8 460,658 460,658 6 Credilors: amounts falling due within one year 2024 2023 Trade creditors and accruals Pension provision 4.420 5,710 5,710 7 Capital Fund reserve 2024 2023 At l April 2023 Movemeni during the year At 31 March 2024 400,000 400,000 400.000 400,000 Related Party Transactions Durino the year ended J l March 2024, bar the Ministerfs Remuneration of £12.000 (stated Note 4 previou51y), there were no related party transactions that had a material effect on the chariti,, fmancial position, or result5 in the reporting perÈod.