## **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 Acct**155,638|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