LOVING StrandCH U RCH.fi)- PEOPLE LIFE Strand Presbyterian Church - a congregation of the Presbyterian Church in Ireland Receipts and Payments Accounts for the year ended 31 December 2024 Registered with the Charity Commission for Northern Ireland NIC104314
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STRAND PRESBYfERIAN CHURCH RECEIPTS AND PAYMENTS ACCOUNTS A Congregation of the Presbyterian Church in Ireland Notes to the Accounts 3111212024 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.
srRAND PRESBYfERIAN CHURCH RECEIPTS AND PAYMENTS ACCOUNTS
A Congregation of the Presbyterian Church in Ireland
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.
L Regulor tAre¢t
2024
2023
Rec¢xdaS GNir¢'. FW)
G>ft •d fe£etved(nc GA)
s6..43
13.841 91
955.CQ
71.IX>S.34
57.923.50
14,022.61
671.50
T2.617.61
Recude£l Gryir: fv11s9<
Gift d". Mist
ReccYdaY G¥viry'. 11
Gift 0.. Wildir8
ReccYd£J Gprfirrf." Llnff Appal
Gift Aid. UnrtedAr
Recty(Sxl GlrI. WC&4
Gift d.. WDA
2.(60.00
511.25
2.130.00
f07.50
3.385 00
822.50
4>7.00
133.15
10.C66.40
2.045.00
666.25
2,485.00
783.75
3.440.00
670.00
532.60
111.75
10.734.3S
Z nall05 Le8x•es
2024
13.333.52
2023
6.870.00
Grft D•ys. Sp•Li•l COllKts3 & G•nw•l Don•ts.S
Lqxies Be05
Recwed ftr C# rqaion• I>8155
C)rn¢xs frcrn Cryrqaicnol Orgwb Gacfs
700.00
7.570.00
14.233.52
Chwltable ActItIeS
2024
fA6.62
2023
719.50
Ir
STRAND PRESBYfERIAN CHURCH RECEIPTS AND PAYMENTS ACCOUNTS A Congregation of the Presbyterian Church in Ireland & Centrd r(h Asse%nnis 2024 2023 Ctrntys DtrYn[ Central Minigry FurKI Wi(hM crf MiniStsYS' Fur1 Probreed DSabl F(Thl IrKKJental FurKI M nistsial etrnet 8u4dirsExternalWcKk Sick SuFpty F(ThJ L#Jents Fu1 Prfjml Fs 2.n6. 2,594.00 530.00 530.C 2.122.CQ 236.00 1.179.fJ) 24.00 943. 767.C 8,925.Q) 380.Crf) 1.955.00 977.CX) 11.00 9.CK) 35.C 9,015.CKI 7. Min•stry & Support siaff 2024 15,9)3.77 I,f68.32 3,C66.27 63.88 7.185.12 6.EA6.88 ,134.24 2023 44.766.69 4,776.C4) 8.760.75 182.75 8.554.50 6.091.32 TS.132.01 Inisru St1pd& Exp Mnisrs's Naiuw Ine fvlniSiU'sPetscm FLKKJ Le CIKxch ltsnn6trasy ',rV¢ Pms•n.LApensr5 É iiNIci Cu)trxr C le & Life & 1)rk 2024 7.749.00 56.00 458.86 8.243.86 2023 512.31 19.15 722.36 1.253.82 Wuship & FelLwdshp OiXiplship& fvlinisry )fh fvln&ry IR0811 (j)mm(e 2024 1.168.62 7.fA2.36 2023 761.54 2,735.37 119.463.44 123.60 123.083.95 dverusnL PrintiW Stiticrfy & Pos4e SLrth Eefts IrNesmenr FLTh1 (Pwcha of 21 LiV Civ¢ Bar Intsyeg & chwgs 156.40 8.%7.38 10. Utillies 2024 4,YJS.59 4.3.42 I.1.86 1.396.27 614.11 I2.1.25 2023 6,812.80 3,897.58 659.17 1,370.29 971.17 13,711.01 ElectrCQV- ChLrch Gas. Waw r&S. ch[b TeleWt. Inzura. rr Hw & sw Rates & Reft(. Mar6e& LI1
STrAND PRESBYfERIAN CHURCH RECEivfs AND PAYMENTS ACCOUNTS A Congregation of the Presbyterian Church in Ireland ll. Repairs & Mantenance 2024 6.020.47 5,%2.11 11.%2.58 2023 1,751.42 RepJrs etc. Ctuch & RepJrs etc... MJr 1.811.42 12. InsurJbce 2024 2,373.00 2.373.00 2023 1.994.79 1.994.79 IrsJrwKe1cfLffcWa & IJ. Uniied weal 2024 5.617.00 5,617.00 2023 5,994.CrfJ S.994.C Lknrtexl AFW {TJga £%171 14. Other PCI tses 2024 2023 PrtsbnLYi¥b & Chil(tren's Sc(erv Wcyld CéokYnait Appeol Mc#Jvau's A)al (2e M ix belw) 540 15 645.IX) YO.15 645.C4) 15. Other Mi10n$ & Charitie• 2024 i.no.00 i.no.c 1.687.50 5,127.50 2023 I,cth.00 I.ocA).co 3.293.7S 5.293.75 M SS Alnca Infvlis MGcChJtes ri 2024 2023 +l(-) General Account £80.214.54 £45.404.13 £34.810.41 itlry ACC £668.92 £1.650.80 £{981.88) Mis9M Accwr( £4L90 £910.65 £(868.75) In%t*ment Accolmt £8.87137 £8.871.37 £0.00 £89,796.73 £56.836.95 £32.959.78
STRAND PRESBYfERIAN CHURCH RECEIPTS AND PAYMENTS ACCOUNT5 A Congregation of the Presbyterian Church in Ireland STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2024 l. Flxed Assets The congregation owns the Church premises situated at 161 Connsbrook Avenue, Belfast BT4 IJY, and the associated fixtures and fittings, plant and machinery. The congregation also owns the Manse at 6 Dundela Gardens, Belfast BT4 3DH, and the associated fixtures and fittin8s. These have an insurance value of £2,315,817 and £370,204 respectively. The church also has a house, which was purchased in 2023 for £118,000. 2. Investments The congregation has the following investments. 2024 2023 General Investment Fund 297 234 Other Investments (from bequests). *This investment was realised and a house purchased for rental income 3. Amounts owed At the end of the year, the following amounts were owed to the congregation 2024 2023 Interest Free Loans
STRAND PRESBYfERIAN CHURCH RECEIPTS AND PAYMENTS ACCOUNTS A Congregation of the Presbyterian Church in Ireland 4. Cash and Bank balances 2024 2023 Deposit Accounts 0.00 Current Accounts 80,925 47,965 Cash Floats 0.00 5. Amounts owed 2024 2023 Loans th Approved by the Kirk Session at a meeting on 16 October 2024 and signed on its behalf by Rev Alan Marsh ( airman) Joh oh on (Clerk of Session) Date: 4 October 2025 Date: 2october 2025 81Page