ORANOÉFIELD PR￿YrE￿IAN CHURCH
¢•ngr•oalion of th• Prèsbyterlan Chur<h in Ir•ltsnd
STATEMENTOF FINANCIALACTiviri
fortheyear ended 31 December 2024
Income and Endowmentsfrom:
Donatlons and legacle5
Charltablé art5Vitles
403,621
335,520
124,533
234
739,141
124.533
ILX),278
467
699,645
111,883
97,026
449
Othei tradlng actI￿tIeS
Investments
I￿,014
467
Other
670
670
4,870
Total
504102
460,287
965,089
913,873
Expendltwé oft:
Ra15In8 funds
Charltable attlvltles
Other
428.622
88,506
411,869
29
840,491
88,535
803,6QJ
90.216
Total
517,128
411,898
929,026
893,816
N•t I￿oMi I l•Mpondtturèl
112,3261
48,389
36,063
20,OS7
Tran51er5 between lunds
83,337
183.3371
Net movement In funds
71,011
134.9481
36,063
20.057
Reconclllatlon of funds-
Totsl funds brou8htforward
1108,0541
2,676,885
2,568,831
2,548,774
Totsl funth carrled forw•rd
20
137,0431
2,641,937
2,604,894
2,56B,831
Page 19

ORANGEFIELD PRESBYfHtlAN CHUItCH
¢orwegoli•n ol the Prosbyhrion Chur¢h In Ireland
STATEMEiifoF FINAP4CIAL POSITION
A5 at 31 Dec•mber2024
Fixed assets:
Tangible assets
Investments
12
13
25,457
2.429,985
2,455,442
2,516,504
Totsl Ilx•d assets
25,457
2,429.985
2,455,442
2.516.504
Curr¢nt assets
Debtors
Cash at bank and In hand
19,671
152.7821
11,353
214,014
31,024
161.232
35.6C(I
132.310
Totsl turr•rt aM•ts
133,1111
225,367
192,256
167,910
Llobllltles:
Credltors.. Amolhnts fallirbg dut wlthln one year
16
21,162
13,415
34,577
115,583
N•t current o￿ts or Il&bllltl
154,2731
211,952
157,679
52,327
Totsl assets lesscurrent Ilabllltles
Credltors- Amounts falllng due after more than
one year
17
8,227
8,227
Totsl net assets or Ilabllltl•s
137,0431
2,641,937
2,604,894
2,568,831
Funds of the charlty
Restrlcted Income funds
Unrestrlcted fvnd5
2,641,937
2,641,937
137,0431
2,676,885
1108,OS41
137,0431
Tgtsl chaTltylunds
137.0431
2,641,937
2,604.894
2,568,831
Approvèd by the Ktrksesslon at a meetlng on 06th July 2025 and $18ned on its bèhalf by
Rev Garèth MatLean
Mr jeremy Oowd
Page 20

QRAN•EFIELD PRES8YTfRIAN CHURCH
¢th1gregaN•Th •f th• PMbyl•tlan <hur¢h In Ir•land
STATEMENT OF CASHFLOW
Year ended 31 December 2024
2023
Notes
Cashflowfmm operatlni¥*hities
Net IncomellLossl
36.063
20.057
Adjustmentlor..
Oepreoiatlon of tan8Jble Ilxed 155ets
78,259
76.539
Change5 in
Trade & other debtOf5
Trade & other£redltors
4.576
L199
11.050
Net cash from operatlng artlvlties
121.097
108,290
Cath Ilow Ifom In￿111￿*£11¥III
Purchase of tsngjble a55ets
117,1971
119,7741
Net cash from opeTatln8 ¥ttlvltles
117.1971
119,7741
Net Increaseld•cr••se In cash & ¢ash equlvalents
Cash and cash equlvalents at be8lnnln8 olyear
103,9fy)
49,105
88,516
139,4111
Cash and cash equlvalents at end of ytar
153,OOS
49,105
Page Zl

ORANGEFIELD pRESBYT￿IAN CHURCH
¢tsngvegarfoD •f tho Pr•sbyt•rian Chur<h In Ir•land
NOTESTO THEACCOUNTS
31st DÉcember2024
ACCOUNTING POLICIES
BASIS OF RNANCIALSTATEMENTS
The financial statements have been prepared In accordance wth Accountlng and Reportlng Charltles.. Statement of Recommended Practice applltable to
charitles preparlngthelr attounts In accordance w￿h Financlal Reporting Standard applicable In the UK and Ireland IFR51021 leffectlve l January 20151.
The flnanual statements have been prepared under the hlstorlcal cost convention except for Investment assets, whlch are shown at market value. The
flnanclal statements Inrlude all iransattlons, assets and Ilabllltles for whlch the congregation Is responsible In law. They do not Include the accounts of
churth groups that owe their affiliation to anoihei bodyi nor those that are informal gaihÈrSngs of churth member&
FUND ACCOUNTING
Endowment funds arè funds, the capltsl of whlch rnust bè retalned elther permanently or at the con8re8atlon's dIstr￿lon,. th• Incorne derived from the
endowment Is to be used either as ￿$tr1ded or unrestricted Incornè funds d*pendln8 upon the purpose lor whlch the endowment was establlshed in the
flrst place,
Restrlcted funds comprlse lal income from endowrnent5 whlch is to be expended onty on the Testrlcted purposes Intended by the donor and Ibl revenue
donatSons or grants for a 5PEciflc con8regatlonal actlvlty Intended by the donor. Where these lunds have unspent balance5. Interest on thelr PODled
Investment Is apportloned to the Indlvldual funds on an average balance ba515.
UnrestTlCted funds are income fund5 which are to be spent on the congregatlon's ieneral purposes. Designated funds are general funds 5•t aslde by the
ton6re8atlon for use In the future.
Page 22

ORANGEFIELD PRESBYTERIAN CHUR¢H
• ¢ongve9atl•D •f tlw Pr•5byl•ri•n Chur¢h In Ir•land
NOTESTO THEACCOUlIts
31st December 2024
ACCOUNTING POLICIE4conVdl
INCOMING RESOURCES
v)
Recognltlon of Intom1￿ resources
These are Included in the Statement ol Financlal Activities ISOFAI when-
. the congre8atlon becomes entitled to the resourtes,.
• the trustees are virtually certaSn they wlll receive the resources,. and
• the monetary value can be measured wlth sufflclent reliably.
VEI
INIrnl￿ resourcuwlth r•l•t•d e¥pendltur¢
Where Incomln8 resou￿e$ hav• related expendlture la5 wlth fundralsln8 Incomel the Incoming r•sources and related expèndlture are reported gross ITr the
SOF
Gr•nis •nd donatlon5
Grants and donatSons are only lThcluded In the SoFAwhen the con8rtgatlon has uncondltlonal entltlement to the resourw.
Tax f•cl•lms on donatlong pndibfts
Intomlng re50urtes from tax reclaims are Includeil In the SoFAat the 5arné tlmt as the 81ft to whlch they rélat•.
lvl Contrartual IncomE and pqrformance related grants
Thls15 only Included the SoFAonce the related goods or sèrvices have bttn dellvered.
l¥ll Glfts In klnd
Gifts Sn klnd are accounted for at a reasonable estimate of thelr value to the charfty or the arn0￿rbt artually reallsed. G1ft5 In klnd for sale or distrlbutlon are
Included In the accounts as g1ft5 only when sold or dSstrlbuted by the charlty where ihe value15 greater than E2,500. Glfts In klnd for use by the charSty are
Included in the SOFA a5 Intomin8 resources when recelvable.
Oonated serAc•s andf•cllltl•s
These are only included In lThcomin8 resource5 (with an equlvalent amount In resources expended) where the benefit to the charity is reasonablv
quantlflable, measurable and rnaterlal. The value placed on these resources Is the estlrnated value to the charlty of the seThlce or faclllty recelved.
1111 Volunteer help
Thevalue ol any voluntary help recelved Is not Included In the accounts but Is de5crlbed In thp trustees. anrbual reporL
11111 InVestn￿￿t Income
Thls15 Included In the accouTrts when recelvable.
(lvl Investrnent plns and losses
Thls Includes any galn or105s on the sale of Investments and any galn or loss resultln8 from walulng Investrnents to m?rkei value at the end of the year.
Page 23

OUNGEFIELD PRESBYTIRIAN CHURCH
a ¢on•v¢ga￿•fi •f tha Pr•5byt•rion ¢hvrth In Ireland
NOTES TO THE ACCOUNTS
31st December2024
ACCOUNTING POLICIESlconVdl
EXPENDITURE AND UABIUTIES
(vl
Uability recoenttlon
Llabilities are recognlsed as soon as there Is a legal or constructlve obligatlon cornmlttlnKthe congregatlon to pay out resources.
{￿}
Governanct costs
These are shown within charitable actlvitles and include the costs of preparatlon and examlnatlon of accounts. the costs of trustee meetings and cost of any
legal advlce to trustees OTr eovernance or constitutlonal matters.
{vlll Gronts wlth p•rform•K• condltklns
Where the ¢harlty 8ives a grani with condltlon5 for its payment being a speclfic le¥¢1 of servlce or output to be provlded, such grants are only reco¥nised ln
the SOFA onte the ￿¢0Plent of the grani has provlded the speclffied setvlce or output.
GTrnts pl￿ble wlthou¢ performan¢• conthilon$
These are only recoBnlsed In the a¢¢ounts when a commiiment has been made and there are no condltlons to be met relaiing to the grant whith remaln In
the control of the charity.
Support Costs
Support Costs include central funttlons and have been allocated to actlvlty c05t categorles on a basis conslstent wlth the use of rÈsources, e.8. allc<atlng
property cosis by floor a￿¥$, or per caplta, Staff costs by the tlme spent and other costs by thelr usage.
T•nAlble Flxed Amets
Tanglble flxed assets lor use by charlty are capitall$ed If they can be used for more than one year, and cost at least £2.5￿. They are valued at cost or, If
glfted, at the value to the charityon recelpt.
Depreclatlon Is recorded on all tanglble fixed assets other than Ireehold land, at rates calculated to wilte of the c05t, less estlmated resldual value, of each
asset over its expected useful Ilfe a5 follows.
Bulldings-
Fixtures. flttln85 and equlpment
Motor Vehlcles
Computer Equlpment
- over 50years
. over IOyear5
- over 4 years
ovÈr 4 year5
As the malorlty of flxtures, fittlngs and equlpment were purchased In 21)08 they are deemed to be of Ilmlted value so not Included as Tan8lble Flxed Assets.
It Is not policy to caplta115È tomputers and assocSated hardware.
Il¥}
In¥e5tmÈthts
Investments qugted on a recogn1s￿ stock exchan8e are valued at market value al the year end. Other Invèstment assets are Inrluded at trustees, best
eS￿rnate of market value.
Page 24

ORAN6EFlllD PRESBYTERIAN CHUR¢H
¢ongregakn ￿ th• Pr•sbyl•rlun ¢hur¢h In iraland
NOTESTOTHE ACCOUNTS {conVdl
31st December2024
DONATIONSAND LEGAaES
Recorded Biving:
Loose collections
Donations and Blfts
GIftAld
Legades and bequ•st
329.065
3,6SI
8,596
S2,636
9,673
191,0)4
520,069
3,651
101.975
103,773
9.673
542,950
8,511
93,379
51,137
103,725
403,621
335.520
739.141
699,645
CIIARITABLEAcnvmES
Membershlp fees
Fundralsln8 •vents
fjrants
53,235
2,250
69,048
53,235
2,250
69,048
48,058
2,377
61,448
124.533
124,533
IIL883
Page 25

ORANGEFIELD PRES8YIEItIAN CHURCH
¢ongre9ail•n •f th• Pr•sbyhrian Chur¢h In Ir•land
NOTESTO THE ACCOUNTS IconYdJ
31rt Oecember2024
OTHER TRADING ACTIVITIES
Arc Café
Other tradlng Incorne
90,202
9.842
90,202
10.076
81.791
15,235
234
i()J,¢)44
234
l(K),278
97,026
INVESTMENTS
Deposlt Interest
467
467
449
467
467
449
OThER INCOME
Other incorne
670
670
4,870
670
670
4,870
RAISING FUNDS
FWO envelopes
Fundralsing events
Page 26

ORANGEFIELD PRES8YTERIAN CHURCH
angr•9•￿On ol th• Pr•sbyhrian Churth In Ir•land
NOTES TOTHEACCOUl¥tS Iconvdl
315t Dec•mber 2024
CHARITABLE ACTivmES
Gerseral AssemblyAssessments
Presbytery fees
Mlnlstry and support staff costs
Congre8atlonal nJnnln8 expense5
OonatlOn5 to Mlsslon5 and charltle5
Depreclatlon of Flxed Assets
Governance costs-lnclyding auditors rernuneratloTr
Exceptlonal cost5 of charltable actlvltles
25.263
985
254.644
108,797
30,101
3,716
5,116
25,594
50,857
985
299,062
24S.609
160,603
78.259
5,116
45,777
938
329,269
227.453
118,626
76.539
4.998
44,418
136,812
130.502
74,513
428,622
411,869
840,491
*J3,6CO
Audltors r•mun•ratlon
2024
2023
FÈÈS Payable lof the audlt of the flnanclal statement5
3,400
3,3ts)
Fee5 payable to the charlty's audltor and It5 assoclates for other servlres
Other non-audlt servicés- Payfoll
864
3,498
OThER EXPENDMIRE
Investment p¥opertle5 expEnges
ARC
8ank Interest on Loan
85,760
1746
29
85,789
2,746
79,253
10,963
88.506
29
90,216
EMPLOYEES
EmployTh￿rtt Costs
Wages and Salarles
Social Securbty Cos15
Penslon contrlbutlons
305.519
18,513
23,740
316,148
18,248
26,981
347,772
361.377
PaBE 27

ORANGEFIELD PRESBYIEftIAN CHURCH
¢ongr•gulion ol the Pr•sbyhrian Churth In Ireland
NOTES TOTHEACCOUNTS IconVd]
31st Dec•mber 1024
Number of Emplt)yees
The avernge number of employees, Includln8 the miftister of the coThgregatlon, during the year was
2024
2023
Average numberof employees
15
16
There were no empl¢)yees In recelpt of employee beneflts In excess of £60.000.
IL
PEN510N COSTS
The mlnlsters of the congregation are members of the Presbyterlan Church In Ireland Penslon Scheme12th)91. Thls Is a Scheme operated by the Presbyterfan
Church in Ireland. a separate reglstered charSty- The congre8ation pays an assessrnent to the Presbyteflan Church IN Ireland equivaleTht to the employerfs
penslon contrlbutlon for the Scherne and based on the stlpend pald to the mlnlster. The Presbyterlan Churth In Ir•land Penslon Scheme120091 Is a funded
Scheme of the defin•d benellt type, providing defined benefits based on tar••r aveiale revalued salary. The Scheme has assets held In a separately
admlni5tered fund managed by a board of trustees. The Presbyrerlan Church and the Schpme Trustee5 have alreed a fundlng plan to *ftsuie the kheme Is
sufficiently lundtd to meet curreDt and future obllBatlons. A forrnal schedule of contrlbutlons wo5 drawn up on 25 November 2015 whereby the
Presbyterlan Church a8reed to pay from 31 December 2015 contrlbutlon5 0124% 01 penslonable 53larles to cover the accrual of benefits for future servltè,
expenses, the cost of Insurln8 death s•rvi¢e benefSts and fundin8 the sth•me deffc+t.
Th* contrlbutlons made by tht congreiatlon durSn8 the yearwèrè
Contrlbutlons
15,149
18,231
The con8reg8tlon operates a deflned penslon contrlbutlon pollcy for Its empl¢)yees. The scheme and its assets are held by an Independent Scheme managers.
The penslon char8e represents the contrlbutlons due from the conRTe8atlon durln8the year
Contrlbutlons
8,S91
8,750
For the year endèd 31st December 2024 £1121 was ovistsndlnm 12023-£9881
Page 28

ORANGEFIELD PItES8YTERIAN CHUR¢H
a ¢ongregatl•n •f th• Pr•sbyl•rian Chvrth In Ireland
NOTESTOTHE ACCOUNTS {conYdl
31st De¢ember 2024
12.
TANGIBLE FIXED ASSETS
Co$t orv¥luatlon
At start of year
Addltlons
Disposals
3,628,300
39,734
17,197
3,668.035
17,197
At end of year
3.628.300
56,931
3,685,232
Depr•d¥tlon
At start of year
Provlslon for yèar
D15posals
11,141.S691
172,5661
19,9601
15.6931
11,151.5291
178,2591
At end of year
11,214.1351
115,6531
11.229,7881
Net Book Value
At start of year
2,486,731
29,773
2,516,504
At end olyear
2.414.165
41,277
2,455,442
INVESTMENTS
2024
2023
General Investment Fund
Investment Propertles
NIA
Value at start of year
Addltions
Disposals
Impalrment
Galns I ILosses on revaluatlonl
Value at ènd of year
Page 29

OAANGEFlflD PRESBYTÉRIAN CHURCH
conrnalian of the Pr•$byt•rian Churth In Ir¢lqnd
NOTESTO THE ACCOUNTS Iconvdl
3tst De¢ember2024
DEBTORS
2024
Gift Aid Recoverable
Other Debtor
Trade Debtor5
Prepayments
20,529
640
1,304
8.551
20,351
6,191
842
8,216
31.024
35,6
15.
CASII AT BANKAND IN HAND
2024
Danskt General Funds
Danske Bulldlng Fund / Brlnglng Llfe
Danske No 2 A/C
MaTrse Account
Danske UAM
Danske MSG
Danske Benevolent
Danske Oran8eplp5
Arc Cafè
Youth
Or8an15ations
3,873
56.378
21,456
6,071
11,223
11,952
12,271
857
17.483
1,633
10,751
5,864
9,394
23,644
23,806
3,467
17,257
31.110
19,417
h at b¥nk ¥nd In hand
161.232
132,310
Other loans
18,2271
183,2051
C•sh •nd CDsh equlvAIé*
153,C#)5
49,105
CAEDITORS: Imountl•lllnK du• wlthln one ¥••r
2023
Runnlng Costs
PAYE & Penslon
Accruals & Deferred Income
Loan wlth Oanske 8ank
Prov151on for Doubtfvl debt
VAT
S,632
5,006
15,500
1.671
4,784
15,201
83,205
6,400
4,322
3,951
4,488
Other Loans
34,577
115,583
Deferred Inwm
2024
2023
At ljanuary 2024
Grant incorne deferred
Amount released to Income
12,205
50,017
149,7181
9,042
48.821
145,6581
At 31 D•cember2024
12.504
12.205
Page 30

QRANGEFIELD PRESBYTHiIAN CHURCH
¢•ngre9ail•n •f th• Pr•sbyt•rion Chur¢h In Irelond
NOTES TOTHEACCOUNTS Icont'dl
31st December 2024
17.
CREDITORS: amountfall1￿ due after more than onÈy•ar
2024
Other Loans
,227
8.227
i&
FUND BALANCES AND RECONCILIATION OF FUNDS
Balance at start Income
Expend.
Galnsl Losses
Transfer
8alance at end
Unre#rkntd Funds
General Funds
1108,0541
S04,802
517,128
83,337
137,0431
1108,0541
504,802
517,128
83.337
137.0431
trlrt•d Fund5
Flxed A55et fund
Speclal Collections
For use of 5e5$1on
Worship Co-ord
Church Weekend Alc
R&R
Manse Fund
Unlted Appeal & MI￿10￿
Bulldlng Fund
Mlsslon Sub Group
Benevolent Fund
Orangeplps
Organisations
Educatlon Authorltyyouth
Tear Fund
Imcares
HelpSn8 Hands
Brlnglng Llfe
Sundry Charltles
Flelds of Llfe
Alpha
UM
2,486,731
3,515
4,970
6,262
250
72,566
2,414,16S
3.515
4,970
6,262
250
46,587
1,165
49,634
47,451
1,165
21,327
40,986
20,345
2,838
1,762
22,766
19,$46
57,299
82.451
2,000
25,062
52,194
34,296
53,776
6,734
25.594
153,0321
1123,4291
8,185
30,530
17,081
48,725
29,9J7
YJ,7S3
9,250
10,819
5,231
27,155
13,S69
2,516
zo
20
108.231
35,245
9,339
82,325
55.249
55,249
6,347
2.676.885
460.287
411.898
183,3371
2,641.937
Durln
the
arthefollowl
transfers were made
11 An amount of £85,951 wa5 transferred from ￿strIcted bulldlng fund to the ￿n￿$trI￿ed general funds. Th15 represented the on8oiTh¥ repayment of loans
drawn down forthe construrtion of the church.
21 Wlth the Church Building Loan now ful￿ paid off, all rernainlng and future congregational giving prevlously contributed to the Bulldlng fund, Mlssion Sub
Groupj United Appeal Is to be dlrected toward5 the attNltle5 of Brln8ln8 Life. Balance5 remalnlng wlthln these fund5 have been transferred totalling £8IJZ5.
Page 31

ORANGEFIELD PRESBYTERIAN CHUItCH
47 ¢01lgreoali￿ of the Presbfvrian Chur<h in Ireltsnd
NOTES TOTHE ACCOUNTS Iconedl
31st December2024
Restrltted furtds descrf Ions
Flxed ￿$etfvnd-Thls fund cofitalns the church properties.
Special Collertlons-These are donations glven by members Df the congre8atlon In response to an appeal for a particular or8anlsatlon or project as agreed
by the trustees and are distributed as such.
Use of se￿k￿￿-ThIS fund cornprises of an anonymous gift recelved In 2016to be used at the dlscretion of the trustees I￿rk Session)
Worship Coordinator-This fund comprises of a glft given in order to allow us to employ or contract a Worshlp Coordinator.
Churth wIE- A church weekend takes place approximately everytwo to three year5 to help build ielatsonships within the church familv.
R&R-This fund Is for the upkeep of our facilltles and Is spent on repair, redecoratlon and maintenance of the propertv.
Man5e-Thls is used for the upkeep of the Church Manse.
UAM- Donatlons are dlstributed between PCI Unired Appeal and the Mlsslon Sub Group15ee MAT below)
Bulldln8 Fund-Thls Is used to repay the 8ank Loan with Danske Bank.
MAT - DonatSons are made to mèmbers servin8 on short term mlsslon trlps. those servlng as long tem mlssionarits, and to support outsidè preapproved
mSsslon or8anlsatlons.
Benevolent Fund- Thls fund Is used to glve 8lfts to help support members of the coTrgre8atlon who requlre flnanclal help from tlrneto tlme.
Oranypfjw- Oran8eplps Is our daily playgroup for chlldren agèd 2 years 10 months to prtsthool. Oran8eplps provides a wlde range of actwltles whlch help
develop a chlld's phy51cal, Sntellertual, language. emotional and soclal skills.
eduratlonAuthorlty Youth- Fundlng for Core youth work prov151on In the Orangefield area
Tear Fund- lo tackle poverty and injustice through 5UStainable development, by respondin8 to disasteTS and challenging inlu5tlce
Brln¢ln8 Llfe- To support all ovr outward-facing rnin15try. Includlng what 55 already exlstln8 and what 15 Stlll to be lrnaglned. and Includlng any renovatlons to
our bulldln4 10 serye OUT mi$5ion. Thls wlll incorporate the former Unlted Appeal and Mi$5ion Fund.
Oryn150tlon
We have organlsatlons for chlldreTr. youth and adults provldlng a wide ran8e of actlvities Sncludlng our Toddler Groups, unlformed
oryan15atlons, rnen's and woman's 8TOUPS, communlty work. and chlldren's summer actlvltles to name but a féw.
FUND BALANCES AND RECONCIUATION OF FUNDS
NIA
NIA
Endowment Fund5
NIA
NIA
NIA
NIA
Tot31
RELATED PARTYTILANSACTION
One ol the Trustees. the rnlni5ter of the congregation reEelved remuneratlon ot £46.91412023- £44,680) and expenses of É7,03612023- £6,701) for actlng in
that capaclty. Penslon contrlbutlon of £11,25912023 . £10,724) were pald by the con8reBatlon in respect of the mlni5ter to the PreSb￿erfjan Church In
Ireland Pension Scheme120091.
A second Trustee, the a5soclate minister of the con8regatlon received remuneratlon of E16,20812023- £31.2781 and expense5 of £3.12612023- É6,1371 lor
actlTr8 Sn that capaclty. Penslon contrlbutlon of £3,89012023- £7,507) were pald by the coTh8re8ation In respect of the minlster to the Pre5b￿erIaft Church In
Ireland Penslon Schemè12Q)91.
A Thlrd Trustee Is engaged as thè lacllltleslAdmlnlstratlon Managèr and recelved remunèralion of £15,60812023 £29,0291 for artln8 in that ¢apaclty. A
Pen51on contrlbutlon of £936 12022 - £1,7841 was pald by ¢he con8Tegalion In respect of the faclliliesladmlnlstratlon manager to a stakeholder pènslon
sch•m•.
A Fourth trustee recelved remuneratstsn of £24912023- £1581 for pulpit supply. None ol the other trustees received any rèmuneratlon. and no trustees
clalmed expense5 during theyeèr In connectlon with thèlr dutles.
There were no other related party transactlons.
GDlng Concern
A5 3t 31st Decernber 2024. the rharlty's unrestrlcted fund5 reflected a net current liability P051tlon. with current Ilabllltle5 exceeding current a55ets by
£54,273 (free reserves). During the financial year, the Church 5ucce55fully repald Its long-term loan, whlch had been drawn down for the construction of the
church building. The Tru5tEes regularly review the charity's flnancial position and Its ablllty tg continue a5 a 8oln8 concern. At the tlme of approving these
nancSal statemellts. the Tru5tee5 have a reasonable expectatlon that the charity ha5 adequate resources to contlnue it5 activities for the foreseeable
future. Accordingly, they continue to adopt the golng concern basis of accountin8 in preparing the financlal statement5.
21.
Ethlcal standards
In common wlth many other business of our slze and nature, we use our auditors to a5515t with the preparation of the financlal statement5.
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