## **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. - 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 - 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**| ||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**| |---|---| |**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**| |---|---| ## **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**| |---|---| ## **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**| |---|---| ## **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.