CHRISTCHURCH CARRICKFERGUS Income and Expenditure Account for the year ended 31 March 2025 Total Funds 2025 Total Funds 2024 Unrestricted Restricted Funds Funds Notes INCOMING RESOURCES Giants and donations 40,155 11,495 51,650 39,720 Other Income 2,199 1,924 4,123 3,860 42,354 13,419 55,773 43,580 EXPENDITURE Administration costs 48,467 48,467 31,201 SURPLUS OF INCOME OVER EXPENDITURE FOR THE YEAR (6,113) 13,419 7.306 12,379 Accumulated Surplus of Income over Expenditure carried fonvard at l April 2024 94,007 110,419 204,426 192,047 SURPLUS OF INCOME OVER EXPEIYDITURE AT 31 MARCH 2025 87,894 123,838 211,732 204,426 CHRISTCHURCH CARRICKFERGUS Balance Sheet as at 31 March 2025 Notes 2025 2024 Fixed assets Tangible assets 460,658 460,658 Current assets Sundry debtors Bank balances 2,144 153,366 155,510 7,863 140,325 148,188 Creditors: amounts falling due within one year (4,436) (4,420) Net current assets 151,074 143,768 Total assets less eurrent liabilities 611,732 604,426 Net assets 611,732 604,426 Financed by:_ CAPITAL FUND 400,000 400,000 FUNDS EMPLOYED Unrestricted funds R¢stricted funds 87,894 123,838 94,007 110.419 211,732 204,426 611,732 604,426 The fmancial statements were approved by the board of trnstees on 2 December 2025 and signed on their behalf by:_ Jonathan Grant Esq (Chairnian) Trustee Ms ster Thompson (Secretary) Trustee CHRISTCHURCH CARRICKFERGUS Notes to the Financial Statements for tbe year ended 31 March 2025 l Accounting policies The financial statements of Christchurch Carrickfergus have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts and Payments method. Incoming Resourc Incoming resources accounted for on a receivable basis deferred as described below Jnveslment income Bank interest is included in the income and expenditure account on a receipts basis. Resources Qyiended Charitabl¢ expenditure includes all expenditure directly related to the objects of the charity and comprises the following:" Costs of raising and generating funds; Activities in furtherance of the charity's objectives. The costs of activities in filltherance of the charity's objectives represents th¢ cost of goods and services and ancillary trading costs that have been incurred in charitable activities. Support costs of activities. Support costs of activities for charitable purposes include salary costs. Management and administrntion of the charity; Management and administration costs represenl expenditure incurred in the management of the charity's assets, organisational administration and compliance with charitable and statutory requirements. Toration As a charity, the Company benefits from various exemptions from taxalion, afforded by tax legislation. It is therefore not liable to corporation tax on income or gains falling within those exemptions. CHRISTCHURCH CARRICKFERGUS Notes to the Financial Statements for the year ended 31 March 2025 Incoming resources - offerings and donations Total Funds 2025 Total Funds 2024 Unrestricted Funds Restricted Funds Tithes and offerings Buidling fund donations 40,155 40,155 11,495 28,622 11,098 11,495 40,155 11,495 51,650 39,720 Incoming resources - other income Total Funds 2025 Total Funds 2024 Unrestricted Funds Restricted Funds Bank interest received Income tax refund on gift aid donations 1,924 1,924 2,199 1,532 2,328 2,199 2,199 1,924 4,123 3,860 CHRISTCHURCH CARRICKFERGUS Notes to the Financial Statements for the year ended 31 March 2025 Total resources expended Total Funds 2025 Total Funds 2024 Unrestricted Funds Restricted Funds Clerzv Minist¢r's Salary Ministerial ￿PenseS Charitable Children and youth Literature, advertising and stationery Ministy work, missionary and travel Special events Premi.ses Insurances Light and h¢at Maint¢nance and repairs Rates and water charges Miscellaneous Accountancy fees Guest speakers Telephone Computer costs Bank fees and interest Volunteer costs Sundry expenses 12,000 12,000 12,000 805 602 512 553 1,743 805 602 512 553 1,743 400 512 343 1,836 762 2,180 9,048 16,705 1,411 2,180 9,048 16,705 1.411 1,961 6,861 2,646 1.162 1,185 300 403 124 347 250 299 1,185 300 403 124 347 250 299 1.170 450 559 70 369 100 48,467 48,467 31,201 Total resources expended (continued) 2025 2024 Other direct costs in¢lude=_ Trustees, remuneration Accountant's remuneration (including expenses):_ Independent Examiner's fee Accountancy s¢rvices 12,000 12,000 300 870 300 930 10 CHRISTCHURCH CARRICKFERGUS Notes to the Financial Statements for the year ended 31 March 2025 5 Fixed Assets Furnishings, rittings and equipment Land and buildings Motor vehicles Total Cost At l April 2024 Additions Disposals At 31 March 2025 460,658 34,411 28,237 523,306 460,658 34,411 28,237 523,306 Depreeiation At l April 2024 Charge for the year On disposals At 31 March 2025 34,411 28,237 62,648 34,411 28,237 62,648 Net book value At 31 March 2025 At 31 March 2024 460,658 460,658 460,658 460,658 6 Creditors: amounts falling due within one year 2025 2024 Trade creditors and accruals Pension provision 4.436 4,420 4,436 4,420 7 Capital Fund reserve 2025 2024 At l April 2024 Movement during the year At 31 March 2025 400,000 400,000 400,000 400,000 Related Party Transactions During th¢ year ended 31 March 2025, bar the Minister's Remuneration of £12,000 (stated Note 4 previously), there were no related party transactions that had a material effect on the charity, financial position, or results in the reporting period.