SEAVIEW CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
Statement of Financial Activity (Receipts and Payments Account) for the year ended 31 December 2025
Registered Charity in Northern ireland (NIC104453)
Seaview Presbyterian Church - Congregation of the Presbyterian Church in Ireland Statement of Financial Activity (Receipts and Payments Account) For the year ended 31 December 2025 Registered Charity in Northern Ireland (NIC104453)
NOTES.
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1). Year 2025 Statement of Financial Activity: As per the 'template' prepared on behalf of the Finance Panel of the Support Services Committee of the General Council, October 2017
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2). Year 2025 Statement of Financial Activity: Opening Balances for Unrestricted Accounts; Restricted Accounts including Organisational Accounts agree with the Closing Balances 31 December 2024 as per the Annual Statistical Return Year 2024.
Signed: Mr Gordon Spratt
- Gordon Spratt
Dated: 10th March 2026
SEAVIEW CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Accounts) For the year ended 31 December 2025
| Receipts Note Donations and Legacies 2 Charitable Activities 3 Other Trading Activities 4 Investment Income 5 Other 6 Organisations Total Receipts Transfers In Sale of Investments Sale of Fixed Assets Loans Received Total Receipts + Transfers In Payments Raising Funds 7 Charitable Activities 8 Other 9 Organisations Total Payments Transfers Out Purchase of Investments 11 Purchase of fixed assests Loan Repayments Total Payments and Transfers Out Net Receipts / Payments Net Transfers Between Funds Net Movement in Funds Funds Brought Forward 12 Funds Carried Forward |
Unrestricted Funds (£) Restricted Funds (£) Endowment Funds (£) Total 2025 (£) Total 2024 (£) 70,752 22,683 0 93,435 98,672 3,323 0 0 3,323 3,057 0 0 0 0 316 583 0 0 583 603 0 0 0 0 168 0 3,134 0 3,134 4,903 74,658 25,817 0 100,475 107,719 |
|---|---|
| 5,650 8,000 0 13,650 17,529 |
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| 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 80,308 33,817 0 114,125 125,248 360 0 0 360 385 80,041 41,256 0 121,297 97,086 0 0 0 0 0 0 2,652 0 2,652 3,896 80,401 43,908 0 124,309 101,367 13,650 0 0 13,650 17,529 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 94,051 43,908 0 137,959 118,896 -5,743 -18,091 0 -23,834 6,352 -8,000 8,000 0 0 0 -13,743 -10,091 0 -23,834 6,352 26,937 22,811 0 49,748 43,396 13,194 12,720 0 25,914 49,748 |
SEAVIEW CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES As of 31 December 2025
| Funds Reconciliation Bank and Cash at Start of Year Net Movement in Funds Bank and Cash at End of Year Bank and Cash Balances General Fund Bank Deposit Accounts General Fund Bank Current Accounts Organisations Bank Deposit Accounts Organisations Bank Current Accounts Organisations Cash in Hand Totals Investments Total Bank and Investments Endowment Progressive B/S Restricted Account Other Assets Fixed Assets See Notes to the Accounts Gift Aid Receiveable on Donations Small Donations Gift Aid Gift Aid on Members Contributions Totals |
Unrestricted Funds (£) Restricted Funds (£) Endowment Funds (£) Total 2025 (£) Total 2024 (£) 26,937 22,811 0 49,748 43,396 -13,743 -10,091 0 -23,834 6,352 13,194 12,720 0 25,914 49,748 Total 2025 (£) Total 2024 (£) 0 0 21,751 48,745 0 0 2,987 1,004 1,176 0 25,914 49,748 Unrestricted Funds (£) Restricted Funds (£) Endowment Funds (£) Total 2025 (£) Total 2024 (£) 0 0 0 0 0 0 0 0 25,914 49,748 0 0 13,700 13,700 13,700 Unrestricted Funds (£) Restricted Funds (£) Endowment Funds (£) Total 2025 (£) Total 2024 (£) 114 351 0 465 266 8,452 2,237 0 10,689 7,834 8,566 2,588 0 11,154 8,100 |
|---|---|
| Liabilities | ||
|---|---|---|
| Loans | 0 | |
| Uncleared Cheques end of | 2025 | 5,084 |
SEAVIEW CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACTIVITY (Cont'd)
Approved by the Kirk Session at a meeting on xxxxxx and signed on its behalf by:
Name: Rev Edward Hyndman Mr David McCormick Edward Hyndman David McCormick Date: 10th March 2026 10th March 2026
SEAVIEW CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS As of 31 December 2025
1. BASIS OF FINANCIAL STATEMENTS
As the total income of the Congregation is less than £250,000 the Congregation has 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 congregations 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 Recorded Giving Loose Collections Donations and Gifts Gift Aid Legacies and Bequests Sub-total Organisations Organisations Gift Aid Total 3. Charitable Activities Donations from Weddings and Funerals Fundraising Events Membership Fees Grants Other Charitable Activities Sub-total Organisations Total 4. Other Trading Activities Letting of Premises Polling Station Fee Total |
Unrestricted Funds Restricted Funds Endowment Funds Total 2025 Total 2024 60,935 10,776 0 71,711 67,688 830 0 0 830 446 421 9,340 0 9,761 1,453 8,566 2,567 0 11,133 8,085 0 0 0 0 21,000 70,752 22,683 0 93,435 98,672 0 320 0 320 189 0 21 0 21 15 70,752 23,024 0 93,776 98,875 Unrestricted Funds Restricted Funds Endowment Funds Total 2025 Total 2024 550 0 0 550 0 2,773 0 0 2,773 3,057 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,323 0 0 3,323 3,057 0 2,793 0 2,793 4,700 3,323 2,793 0 6,116 7,757 Unrestricted Funds Restricted Funds Endowment Funds Total 2025 Total 2024 0 0 0 0 0 0 0 0 0 316 0 0 0 0 316 |
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| 5. Investment Income Deposit Interest Total 6. Other Income Insurance Claims Other Income (uncleared cheques) Total 7. Raising Funds Cost of Contribution Envelopes Organisations Fundraising Events Total 8. Charitable Activities General Assembly Assessments Ministry and Support staff costs Running Expenses Presbytery Fees Donations to Missions Governance costs Sub-total Organisations Total 9. Other Expenditure Other Expenditure |
Unrestricted Funds Restricted Funds Endowment Funds Total 2025 Total 2024 583 0 0 583 603 583 0 0 583 603 Unrestricted Funds Restricted Funds Endowment Funds Total 2025 Total 2024 0 0 0 0 0 0 0 0 0 168 0 0 0 0 168 Unrestricted Restricted Endowment Total 2025 Total 2024 360 0 0 360 385 0 0 0 0 0 360 0 0 360 385 Unrestricted Funds Restricted Funds Endowment Funds Total 2025 Total 2024 11,260 0 0 11,260 14,181 55,672 0 0 55,672 52,724 11,917 37,559 0 49,476 23,215 772 0 0 772 836 0 3,697 0 3,697 5,752 420 0 0 420 378 80,041 41,256 0 121,297 97,086 0 2,652 0 2,652 3,896 80,041 43,908 0 123,949 100,982 Unrestricted Funds Restricted Funds Endowment Funds Total 2025 Total 2024 0 0 0 0 0 0 0 0 0 0 |
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10. Fixed Assets
The Congregation owns the Church premises situated at 90 Shore Road, Belfast BT15 3QA. Along with associated fixtures and fittings these have an insurance value of £ 4,228,339.
The Congregation also owns a Manse for the Minister and his family, situated at 4 Dorchester Avenue, Glengormley, along wth associated fixtures and fittings this has an insurance value of £668,350, based on Insurance renewal October 2025.
| 11. Investments Purchase of Investments Purchase of fixed assests Loan Repayments Total |
Unrestricted Funds Restricted Funds Endowment Funds Total 2025 Total 2024 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
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12. Fund Balances
| Unrestricted Funds General Account Bequest Account Totals Restricted Funds General Account Benevolent fund Candidates Fund Engage Fund Events Fund Manse Account New Leaf Account Organ Repair Fund Pastoral Care Fund Property Account Sunday School Account Christian Explorers Church Choir Mens Fellowship Girls Brigade Totals Total Funds Endowment Funds Progressive Building Soc Restricted Beq Acc Total |
Balance at Start Receipts Payments Surplus / Deficit Transfer Balance at End -350 74,658 80,401 -5,743 5,650 -443 27,287 0 0 0 -13,650 13,637 26,937 74,658 80,401 -5,743 -8,000 13,194 Balance at Start Receipts Payments Surplus / Deficit Transfer Balance at End 504 3,696 3,696 0 0 504 254 1,960 2,010 -50 0 204 3,232 0 0 0 0 3,232 186 0 0 0 0 186 1,074 750 606 144 0 1,218 0 0 0 0 0 0 405 0 0 0 0 405 1,300 0 0 0 0 1,300 815 0 0 0 0 815 11,360 16,277 34,943 -18,666 8,000 694 591 111 192 -81 0 510 39 230 204 26 0 65 10 0 0 0 0 10 549 0 0 0 0 549 2,493 2,793 2,257 536 0 3,029 22,811 25,817 43,908 -18,091 8,000 12,720 49,748 100,475 124,309 -23,834 0 25,914 13,700 0 0 0 0 13,700 13,700 0 0 0 0 13,700 |
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Notes :
Presbytery Finance panel advised that we show our Endowment fund separately since under the terms of the Bequest we can only use the Interest accrued by the Capital invested and not the Capital itself. The interest is calculated by the Progressive Building Society on 31st December each year and transferred to our Danske Bank account on same day, but doesn't appear in our account until January the following year. The interest shown above will therefore appear in 2026 accounts.