RAVENHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) FOR THE YEAR ENDED 31 DECEMBER 2024
| Unrestricted | Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|---|
| Funds | Funds | 2024 | 2023 | ||
| £ | £ |
£ | £ | ||
| Note | |||||
| RECEIPTS | |||||
| Donations and Legacies | 2 | 124,089 | 12,161 | 136,250 |
133,783 |
| Charitable Activities | 3 | 4,434 | 17,536 | 21,970 | 66,395 |
| Investment Income |
4 | 2,245 | 0 | 2,245 | 1,364 |
| TOTAL RECEIPTS | 130,768 | 29,697 | 160,465 | 201,542 | |
| PAYMENTS | |||||
| Raising Funds |
5 | 390 | 0 | 390 | 420 |
| Charitable Activities | 6 |
112,267 | 28,272 | 140,539 | 170,824 |
| Governance Costs | 0 | 0 |
0 | 0 | |
| TOTAL PAYMENTS |
112,657 | 28,272 | 140,929 | 171,244 | |
| Net Receipts / (payments) | 18,111 | 1,425 | 19,536 | 30,298 | |
| Transfer between funds | 0 | 0 | |||
| Funds brought forward | 152,031 | 22,540 | 174,571 | 144,273 | |
| Funds carried forward | 170,142 | 23,965 | 194,107 | 174,571 |
RAVENHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2024
| Unrestricted Restricted Funds Funds £ £ FUNDS RECONCILIATION Cash at bank 31/12/2023152,031 22,540 Surplus/(Deficit) this year end18,111 1,425 Cash at bank 31/12/2024 170,142 23,965 BANK & CASH BALANCES Bank Current Accounts Bank Deposit Accounts Cash in Hand TOTALS OTHER ASSETS Fixed Assets 7 Church Premises Manse Fixtures, Fittings & Equipment Vehicles (Minibus) TOTALS Investments 8 |
Total Total 2023 2022 £ £ 174,571 194,107 155,749 137,513 38,358 37,058 0 0 ___ 194,107 174,571 6,710,000 6,355,000 532,600 500,000 805,000 800,000 2,500 2,500 ___ 8,050,100 7,657,500 26,053 23,456 |
|---|---|
LIABILITIES None
Approved by the Kirk Session at a meeting on 24[th] June 2024 and signed on its behalf by
Denis Marriott Clerk 24/06/2025 Clive Callender Hon. Treasurer 24/06/2025
RAVENHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS 31 DECEMBER 2024
1. 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.
2. DONATIONS AND LEGACIES
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| Funds | Funds | 2024 | 2023 | |
| £ | £ |
£ | £ | |
| Recorded Giving |
101,788 | 10,462 | 112,250 |
100,850 |
| Loose Offerings | 2,216 | 0 | 2,216 | 2,771 |
| Donations | 3,437 | 0 | 3,437 | 4,270 |
| Gift Aid | 16,648 | 1,699 | 18,347 | 15,000 |
| Bequests | 0 | 0 | 0 | 10,892 |
| 136,250 | 133,783 | |||
| 3.CHARITABLE ACTIVITIES | ||||
| Unrestricted | Restricted | Total | Total | |
| Funds | Funds | 2024 | 2023 | |
| £ | £ |
£ | £ | |
| For Missions/Charities | 0 | 2,324 | 2,324 |
599 |
| Other Church Activity | 4,434 | 387 | 4,821 | 5,803 |
| BB/GB/Shine/Tots & Co. Activity0 | 9,304 | 9,304 | 4,443 | |
| PW / WM / Bowls Club Activity0 | 2,937 | 2,937 | 2,675 | |
| Grants & Insurance Claim | 0 | 2,584 | 2,584 | 52,875 |
| 21,970 | 66,395 |
4. INVESTMENT INCOME
| Unrestricted Restricted Funds Funds £ £ Deposit Interest 1300 0 Current Acct Interest 322 0 General Investment Fund 623 0 |
Total Total 2024 2023 £ £ 1300 611 322 262 623 491 2245 1364 |
|---|---|
NOTES CONTINUED….
5. RAISING FUNDS
| Unrestricted Restricted Funds Funds £ £ FWO Envelopes 390 0 6.CHARITABLE ACTIVITIES Unrestricted Restricted Funds Funds £ £ PCI Assessments 9,480 0 EB Presbytery Fees 729 0 Ministry & Staff Costs 35,752 0 Congregation Running Costs62,789 7,948 Organisations Running Costs0 10,943 Donations to Missions/Charity3,517 9,381 |
Total Total 2022 2021 £ £ 390 420 Total Total 2024 2023 £ £ 9,480 8,391 729 695 35,752 39,334 70,737 91,419 10,943 10,704 12,898 11,704 140,539 162,247 |
|---|---|
7. FIXED ASSETS
The congregation owns the Church premises situated at 244 Ravenhill Road, Belfast and the associated fixtures, fittings, plant and machinery. They also own the Church Manse situated at 15 Orby Grange, Belfast. They have a total insurance value of £ 8,050,100 (Current market value is not known)
The congregation own a 15 seater Ford Transit Minibus, with an estimated value of £2,500.
8. INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation
PCI General Investment Fund 1888 Shares @ £13.7995 = £ 26,053.45
NOTES CONTINUED….
9. FUND BALANCES
| 9.FUND BALANCES | |||
|---|---|---|---|
| Balance | Receipts | Payments | Surplus Balance |
| at start | (Deficit) at end | ||
| £ | £ | £ | £ £ |
| General Church Acct155,638 | 140,154 | 122,390 | 17,764 173,402 |
| Repairs & Maintenance Acct 3,721 | 5,485 | 6,761 | (1276) 2,445 |
| Outreach Acct 435 |
0 | 435 | (435) 0 |
| Church Organisations 14,778 | 14,825 | 11,343 | 348218,260 |
Total 194,107