## **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