STATEMENT OF FINANCIAL ACTIVITh (RECEIPTS AND PAYMENTS AccOu￿r
for lh8 year ended 31 December 2024
Income and Endowment from
Donations and Legacies
Charitable activites
Other Trading activites
Investments
Other
143332
67083
4728
210415
4728
200936
4817
6922
17835
1468
26225
13342
TOTAL
150254
89646
1468
241368
219095
Sale of Investments
Sale of fixed assets
Loans Received
Totsi Recolpts
150254
89646
1468
241368
219095
Payments
Raising Funds
Charitable activites
Investment costs
Other
245
107756
245
215347
235
151497
107591
Purchase of Investments
Purchase of fixed assets
Loan Repayments
6250
6250
6250
Total Payments
114251
107591
221842
157982
Net receipts i (payments)
Transfers between funds
36003
-64186
-17945
65654
1468
-1468
19526
61113
Net movement in funds
Funds brought foMard
-28183
47709
19526
61113
Funds carried forward
13
213,783
465,475
34,450
713708
633070

STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2024
Funds Reconclllatlon
Bank and Cash at start of year
Net movemenl in funds
241967
-28183
417766
47709
34450
694183
19526
633070
61113
Bank and Cash 818nd of year
213784
465475
34450
713709
694183
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
635467
75853
2388
613960
78368
1855
713708
694183
Olhop A880t8
Fixed Assets - Note 10
Church & Hall Premises incl Fixlures, Fittings & Equipm8nt
4 Vlctoria Road Lame
12 Lower Calrncastle Road Larne
Investments - Note 11
Gift Aid receivable on donations
1050000 1000000
300000
280000
9175
8720
1359175 1288720
Uabllltles
Loans
Olher
6250
6250
Approved by the Kirk Session al a meetlng on
and slgned on Its behalf by
INam81
IName]
IDateJ
AfkiL Zbz
IDalel

GARDENMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31-Dec-24
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 (Norihem Ireland) 2015 to prepare its accounts on
receipts and payments basis.
FUND ACCOUNTING
Endowment funds a￿ funds, the capilal of which must be retained either pennanently or at the congregation's
discretion-, the income derived from the endowment is to be used either as restricted or unrestricted income funds
depending upon the purp(Ise for which the endowment was established in the fi￿1 place.
Restrlcted funds comprise (a) income from endowments whlch is to be expended only on the restricted purposes
Intended by the donor and (b) revenue donations or grants for a specific congregational actlvity intended by the donor.
whe￿ these funds have unspent balances, Inte￿$t on their pooled investment is apportioned to Ihe indlvidual funds on
an aver8ge balanc8 basls.
Unrestrlcted funds are Income funds which are to be spent on Ihe congregatlon's general purposes. Designated funds
are general funds set aside by the congregation for use in the future.
DONATIONS AND LEGACIES
Recorded givlng:
Loose collections
1207
1207
1105
Donations and glfts
Gift Aid
United Appeal
General Mission Fund
Property
Wodd Development
118764
23361
23201
9597
13159
141965
32958
13159
127959
27743
15189
154
23853
2933
18036
2090
18036
2090
Legacies and bequest
1000
Jooo
2000
143332
67083
210415
200936

GARDENMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31-Dec-24
CHARITABLE ACTIVITIES
Income from charltable activities
Fees from weddings and funerals
Fundraising events
Membership fees
Granls
2928
1800
2928
1800
2217
2600
4728
4728
4817
OTHER TRADING ACTIVITIES
Fundrasing Events
Letting of premlses
Tradlno income
INVESTMENT INCOME
Deposit interest
General Investment Fund
Rents investment properti&s
Other investment income
6922
17835
1468
26225
13342
6922
17835
1468
26225
13342

GARDENMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {cont'd)
31-Dec-24
OTHER INCOME
Insurance clainis
Other income
RAISING FUNDS
FWO envolop88
Fundraising events
245
245
235
245
245
235
CHARITABLE ACTIVITIES
General Assembly Assessments
P￿Sbylery fees
23462
912
23462
912
13613
876
Ministry and support staff costs
73286
73286
21298
Congregational running expenses
9196
84799
93995
38721
Don8tions to Missions and charities
Govemance costs
22792
22792
900
76989
900
107756
107591
215347
151497

GARDENMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31-Dec-24
OTHER EXPENDITURE
11 12
Investment properties expenses
10.
FIXED ASSETS
The congregalion owns the Church premis8S s￿tUated at Victoria Road Larne and the Mans8 at 12 Lower C8imcast18
Road Larne and th8 assoclated fixlures, fittlngs, plant and machinery. Thes8 have an insuranc8 value of £9,457,700
11.
INVESTMENTS
The COng￿allon has the following investmenls. Amounts are shown at matl(et valuation.
2024
2023
General Investment Fund
Property
Other investments
12.
RELATED PARTh TrANSACTION8
Disclosed below are the payments made to rel8led parties ended 31 December 2024
Name
Rev B Johnston
Rev B Johnston
Rev B Johnston
MrCF8r
uhar
Reason
end
Amount
£40,298
£378
£6,436
£48
enses
Ministerial Allowances
Buildin
Work

GARDENMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31-Dec•24
13.
FUND BALANCES
UNRESTRICTED FUNDS
General Fund
Committee Offlce
143,473
5,254
114.251
-29,222
-27,964 135,542
158,252
(22,710)
Millbrook Sch Unspecifled Bequests
83,715
1,526
{5,4741
-7.000
78,241
Total Unrestrfct8d
241,967
150,253
114,251
-64,186 213.783
RESTRICTED CONGREGATIONAL PROPERTY FUNDS
Renovation Fund
112,196
28,424
PropertylBuilding Fund
1.193
50
29,399
50
975
65,024
141,595
1,243
65.024
Total Prop•ty
i 13.389
65.999 142,838
RESTRICTED CONGREGATIONAL MISSIONS AND CHARITIES FUND
United Appeal
15,889
13,246
General Missions Fund
379
500
World Development
2,472
3.031
Factory Outreach
Kambul
TEAR Fund
R A F Wings Appeal
RBLEarfHaig
Orphan Sociely
Moderator's Appeal
CAPLarne
Student's Bursary
-2,643
3,174
559
8,881
3,053
11,934
1,262
5.106
11,262)
2,998
43
36
43
100
13,567
2,591
766
2.598
16,165
766
Total Ml8slon & Charfty
OTHER RESTRICTED CONGREGATIONAL FUNDS
Misc
Glfts In Memory
Bequest Specified
Funds
7,852
113
10,956
3,786
8.057
205
2,654
257,136
6,821
113
10,246
2.122
2,767
-710 267,382
-1,664
8,943
Total Other Restricted
266.61 i
8,057
279.092

RESTRICTED ORGANISATIONAL FUNDS
2nd Larne Boy's Brigade
35th Nl Girls Brigade
Bowling Club
Mums & Tots
Youth Council
Youth Club
Mens Fellowship
Friends Together
159
3,098
1,905
673
60
3,043
261
513
1,412
906
981
572
157
312
166
3.117
1,821
1,042
62
3,605
366
875
818
999
907
775
485
326
82
2.550
329
1,152
2.295
263
783
19
184)
369
-236
-150
1,647
105
639
2.529
38
318
5,105
877
14
131
562
105
362
1594)
93
(74)
203
328
14
78
-100
154
2.915
-123
-208
55
Sunday School
Choir
Busy Hands
Holiday Bible Club
THRIVE
Sunday Club
Badrninton Club
Total Organ18allonal
400
3,321
549
-1,581
53
Total Restrfcted Funds
417,766
107.591
65,654 465.475
ENDOWMENT FUNDS
Benevolent
Sunday School & Prizes
Commlttee
United Appeal & World Dev
Youth Work
Tot81 Endowment FuThI8
4.327
5,102
1,000
19,939
4,082
184
217
43
850
174
4,327
5,102
1,000
19,939
4,082
-217
43
-850
-174
TOTAL FUNDS
694.183
241,367
713,708