Charity Number XT25609 & NI 104613
ort f the Ti'u
ees and
Fin
ncial Stoteinen
for the
eai. Ended 5 A I'll 2025
for
ThePe
les
rcli N wlowiia

The Peo les Church Newlownabbe
Coiilenls of the Financial Statements
for the Year Ended S A ril 2025
Page
Trustees and Professional AdvisoTS
Reptsi'l of the TTUStees
Report of Ille Independent Examiner
Statement of Financial Activities
Balan¢¢ Shecl
Notes to the Financiol Stat¢menls
10-14

Tlie Peo les ChLirc
Newtownabbe
Statement of Finaiicial
tivities
for the Year Ended 5 A ril 2025
Total fuiids
5.4.25
Total Funds
5.4.24
Notes
INCOMING RESOURCES
Incoming rcsource$ from gen¢r4led funds
Volui)taiy inconie
Activities foi. gen￿21]ng fuiids
Investinent income
320,925
976
343,990
1.606
TOTAL INCOMING REI SOURCES
323 475
346781
RbSOURCEIS EXPCI NDED
CHARITATJL14 EXPENI)ITURE
Costs of geiiei'ating voluntaiy incoine
Fuiidiaisiiig trading costs
Iiive%lmei)t m41)agenieiil costs
Choi'itable cxpcndilui
Goveriiance costs
384,196
6,191
368,876
TOTAL RESOURCES EXPENDCI D
390 387
375 355
NEIT (OUTCOINGYINCOMING
RF.SOURCCS FOR THE YLIAR
(66,912)
(28,5741
Total fuiids brought foiword
917962
946 536
Tolil fvnds eari'ied forward
£851050
£917962
Tlic slateinenl of financial activities iiiclude5 all gaiiis and10sses I'ecogiii5¢d in the yeai.
All in¢omin¥ Ipsources and Irsource5 expei?ded del'iv¢ froin contlllLiing a¢livities and ure iii Unreslriclcd Funds
The note$ form part of th￿e financial statements
Page 8

Tlie Peo
les Chui'cli Newlownabb
Balance Sheet
5 A ril 2025
5.4.25
5.4.24
Notes
FIXED ASSCTS
Tangible assets
io
738,615
782,548
CURRENT ASSETS
Debioi
Ca51i at bank
41,844
96.437
42,644
115224
138,281
CREDITORS
Amounts falling due within one year
157,868
12
NET CURRENT ASSETS
112435
135414
TOTAL ASSEI TS LESS CURRCI NT
LIABILITIES
851.050
917,962
CREDITORS
Amounts fallTng due after Inoi'e than one year
NET ASSETS
£851050
£917962
THLf FUNDS ofi THL CIIARITY
Unii'sli'i¢(cd incoinc funds
Designated lunds
Otlier cliarilablc funds
851.050
917962
TOTAL CHARITY FUNDS
13
£851050
£917962
Approved by the Trustees on
And signed on their behaifby
eoi'Ee McKim
Triiste4 30 Jull¢ 2026
Tlie notes fonn part of tl)ese financial 5tateinents
PagB 9

The Peo
le5 Chuieh Newtownabbe
Notes to the fiiian¢ial Stat
f r Ilie Year Ellded 5 A I'll 2025
ACCOUNTING POLICJES
BASIS of preparition
The financial stotein¢nts have been prepared under the historieal ¢0st convention and in ae¢oi'dance witli tli¢
Stateinent of Re¢ornmended Piuclice "Aceoiiiiting and Repoitillg by CliarTties" (SORP 2015) and applicable
accouiiting slandai'ds. The principal accounting policie5 adopted in the pr¢paration of the finaiicial s121eineiils are
Sel out below.
Incoming resources
Voluntary iiicoine includillg donations, gift aiid l¢¥acies that providc core funding oi. are of o general Iialure ale
recoEnised wl)ere there is ¢nliilement, certainly of receipt and the aimount can be measuied will? sufficient
reliability. Incoming resources froiii tax ie¢laiins ale reeognised at the siinc time as tlie gift to wl)icl) th¢y ielale.
Investment income is I'ecoonised when ￿e1vable.
i Xpended i'c50urees
Expeiidituir is re¢ogi)i.sed when a liability is incui'red. Governartcc costs incliide costs of Ihc p¥eparalioii aiid
exainiiialion of statutoiy accounts, the c051s of truslee ni￿ling$ Bnd th¢ costs of uny advice Lo ti'uslees on
goveimaii¢e or constitution￿1 niattei's. Suppoit cosls include cenlrol fuiiclions and l)ave been &lloc#ted lo activity
cost ¢ategoi'ies on È basis coiisislcnl with the use of IEsour¢es. eg allocaliiig prt)i)erty oosls by flooi. aie&s, oi. pei,
capiia. staff costs by the tiine sp¢nl and otl)er c051s by their usage. All resour¢¢s expended are cla55ified ui)d¢i'
activity hcadings that aggi'egale all ¢()%ls relatsd to the calegoiy. Iirccoveioble VAT is chaiged agai115t the cote8OIy
of resources expendttd for whicl) il was inciii'r¢d.
Tingible flx¢d A55cts
Individual fixed 11sscls are c&pitalis¢d al ¢ost oi., if gifted, at the value to the chai'ity al receipt.
Depircialioii is provided at the ft>llowing oniiual iales in order to wi'ile off each asset over its estiinated useful life.
Pi'operty
20h on cost
Fixluirs aiid fillings
2(P/f* 011 cost
Motor VLliicle5
200/0 on cost
SoLiiid & compulei. equipinent 20Q/o on cost
Fund gccountln
The nolui'¢ and purpose of each fund is ¢xplained in note 15 to tli¢s¢ financirLI slalem¢nls.
VOLUNTARY INCOMZ
Total Fuiids
5.4.25
Total Fund5
5.4.24
Offerings aiid d011RtIOllS
320,925
343 990
AcriviTIES FOR GENERATING FUNDS
5.4.25
5.4.24
Bookstall, tapes, dvd's el¢
976
1,185
976
Page 10

The Peo
le$ Cl)urcli Newtownabbe
Notes to the Financial Stoteinents
for the Year
nded 5 A I'll 2025
INVLSTMENT INCOME
Total Funds Total Funds
5.4.25
5.4.24
Bank interest receivabl¢
oih¢r iiiteresL
Gain on disposal of Investi￿entS
1,574
1,606
1.606
CHARITABLE ACTIVITIES
5.4.25
5.4.24
Cliurch work
Staff costs
T)epi'eciatioii
(Pi'ofilyLoss 01) disposal of tangible fixed assets
Gifts ministry & mission5
Other costs
149,900
43,933
142.441
44.233
(16.100)
39,004
159 298
17.720
172643
384 196
308 876
Gift$
Tl)e following gifts weiE niade dui'ing tho year..
5.4.25
5.4.24
Vai'i0115 Missions (Gift.8 of botween £1 00 End £2,100)
Vi¥itiiig Speukei% & Siiigei'g {gift5 ofbctweeii £17 and £1.300)
Miiiislry costs
5,224
1,643
4,595
l Y,320
GOVERNANCE COSTS
5.4.25
5.4.24
Cliarity Coinmission
Cliild Pi'otection & r)ther governance costs
Ind¢pendeiit cxan)inalion fees
Accountancy fee5
1,800
2,400
1,800
2,400
Pagell

The Peo
les Church Newlownabbe
Notes lo the Financial 8tatenienls
for tlie Y ar Ended 5
ril 2025
7. DETAILS OF CEI RTAIN ITEMS OF EXPENDITURE
7.1 Trustee expenses
No i'cinuneration was paid to any trustee for services rendered in their capacity a5 a Iruslee.
The undernoled trustees of the charity received the following reiniii)er&tion foi. Iindertaking pastoral services
during the year..
5.4.25
5.4.24
G¢oige McKiiii
Gross salary
Beiiefils in kind
36,018
29.420
25.772
62,565
7.2
Fees for independcnt ¢xllmlnntion of tlie A¢COUlIt&
5.4.25
5.4.24
Independent exaininer's fces foi. repoitiiig on Il)e accounts
Accouiitancy fees paid to indepeiidciil exa1￿in¢l.
2,400
2.400
PAID EMPLOYEES
Staff Cost5
5.4,25
5.4.24
Wage5 & salo1.ies
Social sccurily Cost.
Lif¢ assuraiice & healtlicare
Other pcnsion costs
122,673
11,420
6.867
10,036
8,717
149900
142441
Aveiage nuinbci. of full.time equival¢nt employees 11) the yeor
5.4.25
No
5.4.24
No
Tlie paits of Ilie ¢hai'ity in
wliich Ille employees work
Cli81'itable Activities
OoveinunL¢
Defined Cohti'ibution peilSIQII sch¢1￿e
Tlie charity Inakes Contributions into individual peiisitsn arrallgeinenls of a money purchase natuiE foi. eligible
eimployees. The aniouiits paid 4I1E eliarged to the Stateinent of Financial Activities as tliey becoine du¢. Tli
conli'ibulions paid for the year were £8,940 (2024 £8,587). There were no accrued oi. pirpaid cvi)Iributions at
eitlier year end.
Page 12

The Peo
les Church New
ownabbB
Notes to the financial Stalei)ients
for tl)
Year Ended 5 A ril 2
25
NET INCOMINC RESOURCES
Th¢ net incomiiig resources are staled iftei. charging..
5.4.25
5.4.24
Depreciation
{Profil)/Loss on disposal of tangible fixed assets
Staff pension conti'ibutions
Independ¢nl Examinei%' remuncration
4J,933
44,233
(16,100)
8,587
8,940
10.
TANGIBLE FJXEID ASSCITS
Equipinenl
& fixtui'es
Motor
vehiLI¢s
Pi'otKty
Totals
COST:
At 6 April 2024
Additions
Disposals
862,862
288,853
85,180
1.236.895
Ai 5 Api'il 2025
862 862
288 853
123C).895
Dri PRCCIATION:
Al 6 April 2024
Cliai'L)e for yeai.
Elin)inated on disposol
147,279
17,257
269,572
9.640
37,496
17,036
454,347
43,933
At 5 April 2025
164 536
279212
498 280
Nf.T IIOOK VALUE:
Ai 5 Api'il 2025
698 326
738615
At 5 Api'il 2024
715 583
782 548
DEBTORS: AMOUNTS FALLING DUE WJTHIN ONCI YEAR
5.4.25
5.4.24
Gift Aid recoverable
Incoine tax recoverable
Oth¢i' dttbiors
PIEpayrnents
6.225
27,926
34,059
13,201
Page 13

The Peo
le5 ChurGlI Newtownabbe
Notes to
lie Financi
I Statements
for the Yeai. Bnded 5 A ril 2025
12.
CRII DITORS: AMOUNTS FALLING DUE WITHIN ONE YEI AR
5.4.25
5.4.24
Social secui'ity and othei. taxes
Ollier creditors
5,485
4,492
22,454
ANALYSIS OFCHARITABLE FUNDS
Analysis of uni'e5trl¢ted funds movements:
Balance at
6 Api'il 2024
Iii¢oining
ResOUifCS
R¢source5
Expend
Balance at
5 Api'il 2025
Tiznsfers
Geneial Fund
917.962
323 475
390 387
851050
917962
323 475
390.387
851,050
Page 14