an
GILNAHIRK CONGREGATION OF THE PRESBYTERIAN CHURCH IN
IRELAND
Charity Accounts
for the year ended 31 December 2024
Registered Charity in Northern Ireland {NIC104474)

an
GILNAHIRK CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)
for the year ended 31 December 2024
Note
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2024
Total
2023
Receipt5
Donations and legacies
Cha ritable activities
Other trading activities
Investment Income
Other
202,974
420
8,251
211,225
420
207,105
304
4,161
870
5,031
4,529
207,555
9,121
216,676
211,938
Sale of Investments
Sale of fixed assets
Loans Received
Total Receipts
207,555
9,121
216,676
211,938
Payments
Raising funds
Charitable activities
Investment costs
Other
1,530
196,116
1,530
215,817
1,475
222,786
19,701
197,646
19,701
217,347
224,261
Purchase of Investments
Purchase of fixed assets
Loan Repayments
Total Payments
197,646
19,701
217,347
224,261
Net receipts / (payments)
Transfers between funds
9,909
{2,0001
110,580)
2,000
{671) 112,323)
Net movement in funds
Funds brought forward
53,835
377,832
431,667
443,990
Funds carried forward
12
61,744
369,252
430,996
431,667

an
GILNAHIRK CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES
as at 31 December 2024
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
Funds
2024
Total
Funds
2023
Funds Reconciliation
Bank and Cash at start of year
Net movement in funds
53,570
9,909
19,489
139,254)
73,059
{29,345)
56,090
16,969
Bank and Cash at end of year
63,479
(19,765)
43,714
73,059
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
42,196
1,518
66,469
6,590
43,714
73,059
Other Assets
Fixed Assets - Note 10
Church Premises
Fixture5, Fittings &Equipment
Vehicles
Investments- Note 11
Gift Aid receivable on donations
327,837
69,202
323,675
45,121
397,039
368,796
Liabilities
Loans
Other
9,757
10,188
9,757
10,188
Approved by the Kirk Session at a meeting on 8 September 2025 and signed on its behalf by
Stephen Moore
Hilary Morrow
08/09/25
08/09125

an
GILNAHIRK CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2024
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 (bl 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 purpose5.
Designated funds are general funds set aside by the congregation for use in the future.
DONATIONS AND LEGACIES
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2024
Total
2023
Recorded giving
Loose collections
Donations and gifts
Charitable collections
Gift Aid
Legacies and bequests
106,759
2,083
24,154
25,402
19,553
25,023
106,759
2,083
32,405
25,402
19,553
25,023
96,094
3,270
41,091
20,069
17,417
29,164
8,251
202,974
8,251
211,225
207,105

an
GILNAHIRK CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
CHARITABLE ACTIVITIES
Unrestrlcted
Funds
Restricted Endowment
Funds
Funds
Total
2024
Total
2023
Income from charitable activities
Fees from weddings and funerals
Fundraising events
Membership fees
Grants
420
420
304
420
420
304
OTHER TRADING AcfiviTIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Letting of premises
Trading income
INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Deposit interest
General Investment Fund
Rents investment properties
Other investment income
870
870
981
323
3,225
4,161
4,161
4,161
870
5,031
4,529

an
GILNAHIRK CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNT5 (cont'd)
31 December 2024
OTHER INCOME
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2024
Total
2023
Insurance claims
Other income
RAISING FUNDS
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2024
Total
2023
FWO envelopes
Fundraising events
1,530
1,530
1,475
1,530
1,530
1,475
CHARITABLE ACTIVITIES
Unrestricted
Fund5
Restricted Endowment
Funds
Funds
Total
2024
Total
2023
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Congregational running expenses
Donations to Missions and
cha rities
Governance costs
31,727
873
104.234
33,622
23,377
31,727
873
104,234
53,323
23,377
29,261
831
107,121
61,180
21,768
19,701
2,283
2,283
2,625
196,116
19,701
215,817
222,786

an
GILNAHIRKCONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
OTHER EXPENDITURE
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2024
Total
2023
Investment properties expenses
10. FIXED ASSETS
The congregation owns the Church premises situated at 161A Gilnahirk Road and the associated
fixtures, fittings, plant and machinery. These have an insurance value of £3,746,447.
11. INVESTMENT5
The congregation has the following investments. Other investments are valued at previous years
valuation plus Income recelved durlng the year net of fees pald.
2024
2023
General Investment Fund
Property
Other investments
327,837
323,675
327,837
323,675

an
GILNAHIRK CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {cont'd)
31 December 2024
12. FUND BALANCES
Fund
Balance
at start
Receipts
Payment Surplus / Transfer
(Def icit)
Balance
at end
Unrestricted Funds
General Fund
53,835
207,555 (197,646)
9,909
{2,0001
61,744
53,835
207,555 (197,646)
9,909
(2,0001
61,744
Restricted Funds
Manse account
Off ice Reserve account
Capital account
Repairs & maintenance
Bequests and Memorials
562
2,101
2,644
60,458
312,067
(1,881) (1,881)
2,000
681
2,101
3,514
51,889
311,067
870
870
8,251 (16,820) {8,569)
(1,000) (1,0001
377,832
9,121
(19,701) {10,580)
2,000
369,252
Endowment Funds
Total
431,667
216,676 {217,347)
(671)
430,996