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2025-12-31-accounts

Richview Presbyterian Church - a Congregation of The Presbyterian Church in Ireland Statement of Financial Activity ( Receipts and Payments Account ) for the year ended 31st Dec 2025

**Unrestricted ** **Restricted ** Endowment Total Total
Notes Funds Funds Funds 2025 2024
£ £ £ £ £
Receipts
Donations and legacies 2 28074 6683 0 34757 32479
Charitable activities 3 0 0 0 0 0
Other trading activities 4 0 0 0 0 0
Investment Income 5 0 0 0 0 0
Other 6 5292 3666 0 8958 2880
Organisations 0 43 0 43 36
0
Sale of Investments 0 0 0 0 0
Loans Received 0 0 0 0 0
Total Receipts 33366 10392 0 43758 35395
Payments
Raising funds 7 138 0 0 138 151
Charitable activities 8 45141 15490 0 60631 67433
Investment costs 0 0 0 0 0
Other 9 0 0 0 0 0
Organisations 0 1668 0 1668 367
Purchase of Investments 0 0 0 0 0
Purchase of fixed assets 0 0 0 0 0
Loan Repayments 0 0 0 0 0
Total Payments 45279 17158 0 62437 67951
Net receipts / (payments) -11913 -6766 0 -18679 -32556
Transfers between funds 836 -836 0 0 0
Net movement in funds -11077 -7602 0 -18679 -32556
Funds brought forward 48736 20183 0 68919 101475
Funds carried forward 12 37659 12581 0 50240 68919

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Richview Presbyterian Church - a Congregation of The Presbyterian Church in Ireland

Statements and Liabilities as at 31st December 2025

Unrestricted Restricted Unrestricted Restricted Unrestricted Restricted Endowment Total Total
Funds Funds Funds 2025 2024
i £ £ £ £
Funds Reconciliation
Bank and Cash at start ofyear 48736 20183 0 68919 101475
Net movement in funds -11,077 -7602 0 -18679 -32556
Bank and Cash at end ofyear 37659 12581 0 50240 68919
Bank & Cash Balances
:
Bank Current Account Nol 37659 48736
Bank Current Account No 2 12310 16277
Bank Current Account No 3 0 2010
Bank Current Accounts Sub total 49969 67023
Cash
in hand - Organisations
7 175
Bank Current Accounts - Organisations 264 1721
Total 50240 68919
Other Assets -
Fixed Assets - Note 10
Church Premises / Contents - Insurance valuation 4773210 4773210
Church Hall Building / Contents - Insurance valuation 1307013 1307013
Investments - Note 11 0 0
Gift Aid receivable on donations 3444 3482
Other assets Fixed Term Acct 370281 465714
Liabilities
Loans 0 0
Otherliabilities 0 (6)

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Richview Presbyterian Church - a Congregation of The Presbyterian Church in Ireland

Notes to the accounts - 3131st December 2025

1 Accounting Policies

Basis of Financial Statements

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 payments basis.

Fund Accounting

Endowment funds are funds, the capital of which must be retained either permanently or at the congregation's discretion; the income derived from the endowment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place.

Restricted funds comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor and (b) revenue donations or grants for a specific congregational activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average balance basis.

Unrestricted funds are income funds which are to be spent on the congregation's general purposes. Designated funds are general funds set aside by the congregation for use in the future.

2 Donations and Legacies

Unrestricted Restricted Endowment Total Total
Funds Funds Funds 2025 2024
£ £ £ £
Recorded givings 23947 4725 28672 27533
Loose collections 1171 0 1171 641
Donations and gifts 50 1420 1470 823
Gift Aid 2906 538 3444 3482
Legacies and bequests 0 0 0 0
28074 6683 34757 32479

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Richview Presbyterian Church - a Congregation of The Presbyterian Church in Ireland

Notes to the accounts (cont'd) - 31st December 2025

3
Charitable Activities
**Unrestricted ** **Restricted ** Endowment Total Total
Funds Funds Funds 2025 2024
£ £ £ £ £
Income from charitable activities 0 0 0 0 0
Fees from weddings and funerals 0 0 0 0 0
Fundraising events 0 0 0 0 0
0 0 0 0 0
4
Other Trading Activities
4
Other Trading Activities
**Unrestricted ** **Restricted ** Endowment Total Total
Funds Funds Funds 2025 2024
£ £ £ £ £
Letting of premises 0 0 0 0 0
Trading income 0 0 0 0 0
0 0 0 0 0
5
Investment Income
**Unrestricted ** **Restricted ** Endowment Total Total
Funds Funds Funds 2025 2024
£ £ £ £ £
Deposit interest 0 0 0 0 0
General Investment Fund 0 0 0 0 0
Rents investment properties 0 0 0 0 0
Other investment income 0 0 0 0 0
0 0 0 0 0

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Richview Presbyterian Church - a Congregation of The Presbyterian Church in Ireland

Notes to the accounts (cont'd) - 31st December 2025

6
Other Income
**Unrestricted ** **Restricted ** Endowment Total Total
Funds Funds Funds 2025 2024
£ £ £ £ £
BT Refund Church 6 0 0 6 0
Light & Life Project 5286 446 0 5732 0
Insurance Claim 0 3220 0 3220 2880
5292 3666 0 8958 2880
7
Raising Funds
**Unrestricted ** **Restricted ** Endowment Total Total
Funds Funds Funds 2025 2024
£ £ £ £ £
FWO envelopes 138 0 0 138 151
Fundraising events 0 0 0 0 0
138 0 0 138 151
8
Charitable Activities
**Unrestricted ** **Restricted ** Endowment Total Total
Funds Funds Funds 2025 2024
£ £ £ £ £
General Assembly Assessments 1458 0 0 1458 2024
Presbytery fees 295 0 0 295 284
Ministry and support staff costs 28146 0 0 28146 30123
Congregational running expenses 10660 11924 0 22584 32112
Donations to Missions and Charities 0 3120 0 3120 2770
Governance costs 120 0 0 120 120
Light & Life Project 4462 446 0 4908 0
45141 15490 0 60631 67433

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Richview Presbyterian Church - a Congregation of The Presbyterian Church in Ireland

Notes to the accounts (cont'd) - 31st December 2025

Other Expenditure

9 Other Expenditure
UnrestrictedRestrictedEndowment Total Total
Funds Funds Funds 2025 2024
£ £ £ £ £
Investment properties expenses 0 0 0 0 0
0 0 0 0 0

10 Fixed Assets

The congregation owns the Church premises at 272 Donegall Road Belfast BT12 6 FW as well as Church Halls at 2 Pembroke St BT12 6 NY together with the associated fixtures, fittings, plant and machinery. They have a combined insurance value of £6.080 million at last renewal date.

11 Investments

The congregation has the following investments. Amounts are shown at market valuation

2025 2024
£ £
General Investment Fund 0 0
Property
Other investments
0 0

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Richview Presbyterian Church - a Congregation of The Presbyterian Church in Ireland

Notes to the accounts (cont'd) - 31st December 2025

12 Fund Balances
Balance Receipts **Payment ** **Surplus / ** Transfers Balance
at start (Deficit) at end
£ £ £ £ £ £
Unrestricted Funds
General Fund 48736 33366 45279 -11913 836 37659
0 0 0 0 0 0
Total Unrestricted Funds 48736 33366 45279 -11913 836 37659
Restricted Funds
Repairs and Renovations Acct 16277 8472 12370 -3898 -69 12310
Rev D Porter Acct 2010 0 0 0 -2010 0
Missions 0 1657 2000 -343 343 0
Royal British Legion 0 190 190 0 0 0
Presbyterian Children's Soc 0 0 200 -200 200 0
World Development Appeal 0 0 200 -200 200 0
Belfast City Mission 0 0 200 -200 200 0
Good News for Everyone 0 30 30 0 0 0
LIFT 0 300 -300 300 0
18287 10349 15490 -5141 -836 12310
Organisations' Accounts
13th BB Old Boys Gen Acct 1896 43 1668 -1625 0 271
Total Restricted Funds 20183 10392 17158 -6766 -836 12581
Endowment Funds 0 0 0 0 0 0
Total Funds 68919 43758 62437 -18679 0 50240
Fixed Term Deposit Acct 465714 4567 100000 0 0 370281

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Richview Presbyterian Church - a Congregation of the Presbyterian Church in Ireland.

Notes to the accounts (cont'd) - 31st December 2025

Related Party Transactions

One of the Trustees acting as the Pastoral Assistant of the congregation received remuneration of £9,828 and expenses of £1,353 for acting in that capacity.The Trustee acting as Organist for the congregation received remuneration of £4,500 in that capacity. The Trustee acting as Convener of the congregation received remuneration of £10,015 in that capacity. None of the other Trustees received any remuneration.

During the year 2025 the congregation contributed the following amounts to funds of the General Assembly of the Presbyterian Church in Ireland.

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