Craigavon Presbyterian Church Statement of Financial Activities
For the year ended 31 December 2024
| Total funds carried forward Net movement in funds Reconciliation of funds Total funds brought forward Total Transfers between funds Total Expenditure on: Charitable activities 6/7 Other trading activites 4 Investments 5 Income and endowments from: Donations and legacies 2 Charitable activities 3 Notes |
109,802 8,386 101,416 (113,838) (10,876) 133,100 (113,838) 16,924 262 115,914 - Unrestricted funds £ |
7,306 (114) 7,420 (23,744) 10,876 12,754 (23,744) - - 1,858 10,896 Restricted funds £ |
117,108 8,272 108,836 (137,582) - 145,854 (137,582) 16,924 262 117,772 10,896 2024 £ |
108,836 38,639 (70,197) (89,829) - 128,468 (89,829) 8,502 206 108,960 10,800 2023 £ |
|---|---|---|---|---|
3 of 14
Craigavon Presbyterian Church Statement of Financial Position
As at 31 December 2024
| Total funds The funds of the charity Restricted income funds 12 Unrestricted income funds 12 Net current assets Total assets less current liabilities Net assets Notes Current assets Cash at bank and in hand |
117,108 7,306 109,802 117,108 117,108 117,108 117,108 2024 £ 117,108 |
108,836 7,420 101,416 108,836 108,836 108,836 108,836 2023 £ 108,836 |
|---|---|---|
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Rev L Webster Trustee 8 September 2025
4 of 14
Craigavon Presbyterian Church Notes to the Financial Statements
For the year ended 31 December 2024
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.
Craigavon Presbyterian Church meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Incoming resources
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure:
2. Income from donations and legacies
| Donations received | 115,914 Unrestricted funds £ 115,914 |
1,858 Restricted funds £ 1,858 |
117,772 2024 £ 117,772 |
108,960 2023 £ 108,960 |
|---|---|---|---|---|
5 of 14
Craigavon Presbyterian Church Notes to the Financial Statements Continued
For the year ended 31 December 2024
3. Income from charitable activities
| Non-Assessable Income ncome earned from other activities Other Restricted Congregational Funds Income from charitable activities Restricted Organisational Funds Income from charitable activities Restricted funds Restricted Missions and Charities Fund Income from charitable activities |
16,924 16,924 Unrestricted funds £ |
- - Restricted funds £ |
16,924 16,924 2024 £ 240 2,702 10,896 2024 £ 7,954 |
8,502 8,502 2023 £ 240 2,317 10,800 2023 £ 8,243 |
|---|---|---|---|---|
4. Income earned from other activities
5. Investment income
| Unrestricted funds Bank interest receivable |
262 2024 £ 262 |
206 2023 £ 206 |
|---|---|---|
6. Costs of charitable activities by fund type
| Donations and Legacies Support costs |
113,838 40,892 72,946 Unrestricted funds £ |
23,744 - 23,744 Restricted funds £ |
137,582 40,892 96,690 2024 £ |
89,829 37,622 52,207 2023 £ |
|---|---|---|---|---|
6 of 14
Craigavon Presbyterian Church
Notes to the Financial Statements Continued
For the year ended 31 December 2024
7. Costs of charitable activities by activity type
| Building Fund Other Restricted Congregational Funds Restricted Organisational Funds Donations and Legacies Restricted Missions and Charities Fund Support costs |
- 40,892 - - 40,892 - Activities undertaken directly £ |
9,334 96,690 1,414 2,495 72,946 10,501 Support costs £ |
9,334 137,582 1,414 2,495 113,838 10,501 2024 £ |
2,069 89,829 711 3,176 73,321 10,552 2023 £ |
|---|---|---|---|---|
8. Analysis of support costs
| Resources Expended Governance costs |
10,501 10,501 - Restricted Missions and Charities Fund £ |
1,414 1,414 - Other Restricted Congregational Funds £ |
2,495 2,495 - Restricted Organisational Funds £ |
9,334 9,334 - Building Fund £ |
|---|---|---|---|---|
8. Analysis of support costs
| Resources Expended Governance costs |
23,744 72,946 96,690 2024 £ |
16,508 35,699 52,207 2023 £ |
|---|---|---|
7 of 14
Craigavon Presbyterian Church
Notes to the Financial Statements Continued
For the year ended 31 December 2024
9. Net income/(expenditure) for the year
This is stated after charging/(crediting):
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Trustees' remuneration | 24,775 | 22,643 |
| Trustees' pension contributions | 5,946 | 5,434 |
10. Staff costs and emoluments
Total staff costs for the year ended 31 December 2024 were:
| Total funds carried forward Net movement in funds Reconciliation of funds Total funds brought forward Charitable activities Total Transfers between funds Investments Total Expenditure on: Donations and legacies Charitable activities Other trading activites Comparative for the Statement of Financial Activities Income and endowments from: Social security costs Pension costs Total number of employees Salaries and wages |
101,416 38,522 62,894 (75,017) (75,017) (2,556) 206 116,095 107,388 - 8,501 Unrestricted funds £ |
1 1 7,420 117 7,303 (14,812) (14,812) 2,556 - 12,373 1,572 10,800 1 Restricted funds 2024 £ 3,135 5,946 33,856 2024 £ 24,775 |
2023 1 1 108,836 38,639 70,197 (89,829) (89,829) - 206 128,468 108,960 8,502 2023 £ 2,844 5,434 30,921 £ 22,643 2023 - |
|---|---|---|---|
11. Comparative for the Statement of Financial Activities
8 of 14
Craigavon Presbyterian Church
Notes to the Financial Statements Continued
For the year ended 31 December 2024
12. Movement in funds
Unrestricted Funds
| General General Unrestricted Funds - Previous year General General |
62,894 62,894 Balance at 01/01/2023 £ 101,416 101,416 Balance at 01/01/2024 £ |
116,095 116,095 Incoming resources £ 133,100 133,100 Incoming resources £ |
(75,017) (75,017) Outgoing resources £ (113,838) (113,838) Outgoing resources £ |
(2,556) (2,556) Transfers £ (10,876) (10,876) Transfers £ |
101,416 101,416 Balance at 31/12/2023 £ 109,802 109,802 Balance at 31/12/2024 £ |
|---|---|---|---|---|---|
Purpose of unrestricted Funds
General
9 of 14
Craigavon Presbyterian Church
Notes to the Financial Statements Continued
For the year ended 31 December 2024
Restricted Funds
| United Appeal Youth For Christ Tear Fund Tots at the Bridge Poppy Appeal Salvation Army Outreach PCI Orphan Society Friday Club Moderator's Appeal Building Fund Compassion Child Sponsorship Youth For Christ Tots at the Bridge United Appeal Salvation Army Tear Fund PCI Orphan Society Poppy Appeal Moderator's Appeal Outreach Compassion Child Sponsorship Friday Club Building Fund Malawi Appeal Macmillan Cancer Support Restricted Funds - Previous year |
7,303 - - - 680 - - 3,327 - 26 - 3,270 - - 7,420 1,167 - - - - - - 2,857 - 126 £ 3,270 Balance at 01/01/2024 - - Balance at 01/01/2023 £ |
12,373 2,918 835 1,473 2,187 251 73 241 778 130 1,723 1,572 192 312 12,754 2,683 2,239 863 1,412 680 139 166 240 138 19 £ 1,858 Incoming resources 975 1,030 Incoming resources £ |
(14,812) (5,815) (835) (1,473) (1,450) (251) (73) (711) (102) (30) (1,723) (2,069) (280) (312) (23,744) (2,363) (5,658) (863) (1,412) (680) (139) (166) (1,414) (296) (132) £ (9,334) Outgoing resources (975) - Outgoing resources £ |
2,556 2,897 - - (250) - - - (676) - - 497 88 - 10,876 (280) 3,419 - - - - - - 158 - £ 7,579 Transfers - - Transfers £ |
7,420 - - - 1,167 - - 2,857 - 126 - £ 3,270 - 7,306 1,207 - - - - - - 1,683 - - 13 £ 3,373 Balance at 31/12/2024 - - - 1,030 Balance at 31/12/2023 |
|---|---|---|---|---|---|
10 of 14
Craigavon Presbyterian Church Notes to the Financial Statements Continued
For the year ended 31 December 2024
Purpose of restricted funds (all charitable activities)
Building Fund
United Appeal
Tear Fund
PCI Orphan Society
Poppy Appeal
Moderator's Appeal
Compassion Child Sponsorship
Outreach
Friday Club
Tots at the Bridge
Salvation Army
Youth For Christ
Malawi Appeal
Macmillan Cancer Support
11 of 14
Craigavon Presbyterian Church
Notes to the Financial Statements Continued
For the year ended 31 December 2024
13. Analysis of net assets between funds
| Friday Club Outreach Tots at the Bridge Unrestricted funds General General Restricted funds Building Fund Tots at the Bridge Previous year Macmillan Cancer Research Restricted funds Building Fund Friday Club Outreach Unrestricted funds General General |
108,836 108,836 126 126 2,857 2,857 1,167 1,167 £ £ 101,416 101,416 3,270 3,270 1,207 1,207 117,108 117,108 Net current assets / (liabilities) Net Assets 3,373 3,373 13 13 1,683 1,683 Net current assets / (liabilities) Net Assets £ £ 109,802 109,802 1,030 - |
|---|---|
12 of 14
Craigavon Presbyterian Church Detailed Statement of Financial Activities
For the year ended 31 December 2024
| Bank interest receivable Total incoming resources Salvation Army (Restricted Missions and Charities Fund) Youth For Christ (Restricted Missions and Charities Fund) Outreach (Other Restricted Congregational Funds) Poppy Appeal (Restricted Missions and Charities Fund) Moderator's Appeal (Restricted Missions and Charities Fund) Compassion Child Sponsorship (Restricted Missions and Charities Fund) United Appeal (Restricted Missions and Charities Fund) Tear Fund (Restricted Missions and Charities Fund) PCI Orphan Society (Restricted Missions and Charities Fund) Other Offerings Building Fund Charitable activities INCOME AND ENDOWMENT Donations and legacies Freewill Offering Malawi Appeal (Restricted Missions and Charities Fund) Macmillan Cancer Support (Restricted Missions and Charities Fund) Friday Club (Restricted Organisational Funds) Tots At The Bridge (Restricted Organisational Funds) Other trading activities Income from Non-Assessable Income Investments |
£ 262 262 145,854 863 312 240 139 166 138 2,239 1,412 680 6,298 1,858 117,772 109,616 2024 975 1,030 19 2,683 10,896 16,924 16,924 |
2023 £ 206 206 73 835 240 251 1,723 192 2,918 1,473 778 7,519 1,572 108,960 99,869 - - 130 2,187 10,800 8,502 8,502 |
|---|---|---|
| 128,468 |
13 of 14 This page does not form part of the statutory financial statements
Craigavon Presbyterian Church
Detailed Statement of Financial Activities Continued
For the year ended 31 December 2024
| Event Costs (Donations and Legacies) Other Costs (Donations and Legacies) Total resources expended Net Income Church Costs (Donations and Legacies) Manse Costs (Donations and Legacies) Minibus Costs (Donations and Legacies) Building Fund (Building Fund) Governance costs Other Organisation Costs (Donations and Legacies) Tots at the Bridge (Restricted Organisational Funds) Superstars (Restricted Organisational Funds) Friday Club (Restricted Organisational Funds) Salvation Army (Restricted Missions and Charities Fund) Youth For Christ (Restricted Missions and Charities Fund) Macmillan Cancer Support (Restricted Missions and Charities Fund) Outreach (Other Restricted Congregational Funds) Poppy Appeal (Restricted Missions and Charities Fund) Moderator's Appeal (Restricted Missions and Charities Fund) Compassion Child Sponsorship (Restricted Missions and Charities Fund) SUPPORT COSTS Resources Expended PCI Orphan Society (Restricted Missions and Charities Fund) United Appeal (Restricted Missions and Charities Fund) Tear Fund (Restricted Missions and Charities Fund) Minister's Salary (Donations and Legacies) Minister's Expenses (Donations and Legacies) Charitable activities Minister's Social Security Costs (Donations and Legacies) Minister's Pension Contributions (Donations and Legacies) EXPENDITURE Malawi Appeal (Restricted Missions and Charities Fund) |
(5,567) (35,353) (72,946) (137,582) 8,272 (12,169) (789) (1,425) (9,334) (23,744) (17,643) - (132) (2,363) (863) (312) (1,414) - (139) (166) (296) (5,658) (1,412) (680) (7,036) (40,892) (24,775) (3,135) (5,946) (975) |
(2,124) (8,610) (35,699) (89,829) 38,639 (11,107) (1,227) (936) (2,069) (16,508) (11,695) (1,374) (352) (1,450) (73) (835) (711) - (251) (1,723) (280) (5,815) (1,473) (102) (6,701) (37,622) (22,643) (2,844) (5,434) - |
|---|---|---|
14 of 14 This page does not form part of the statutory financial statements