GLASCAR CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIALACTIVITY (Recelpts and Payments Account)
forlheyearended 31 December 2024
Note
Unrestrlcted Restrlcled
Funds
Funds
Endowmenl Tolal 2024
Funds
Total 2023
Recelpts
Donations and legacies
Charitable activities
Other trading activities
Investment Income
Other income
Raising Funds
44,406.68
18,443.30
11,046.64
3.780.00
5,322.69
16,168.90
825.00
62,849.98
11,046.64
3,780.00
8,924.42
19.183.40
825.00
60,257.75
16,047.40
3,857.52
5.595.68
9,558.99
10,205.00
3,601.73
3,014.50
51,022.91
55,586.53
106,609.44
105,522.34
Sale of Investments
Sale of fixed assets
Loans Received
Tolal Recelpis
51,022.91
55,586.53
106,609.44
105.522.34
Payments
Charitable activities
Other expenditure
13.769.59
7,715.06
6,730.14
26.262.57
20.499.73
33,977.63
26,604.13
60,256.62
21,484.65
32,992.71
54,477.36
86.860.75
Purchase of Investments
Purchase of Fixed Assets
Loan Repayments
Tolal Paymenls
21.484.65
32,992.71
54,477.36
86.860.75
Net receipts I Ipaymentsl
Transfers between funds
29.538.26
22,593.82
52,132.08
18,661.59
Net movement in funds
Funds brought forward
29.538.26
22,593.82
24,749.97 157,144.47
52,132.08
181,894.44
18,661.59
163.232.85
Funds carried torwaids
54,288.23 179.738.29
234,026.52
181,894.44

GLASCAA CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2024
Unreslrlcted Restrlcted
Funds
Funds
Endowment Total 2024 Total 2023
Funds
Funds Reconclllatlon
Bank and Cash at start ofyear
Net movement in funds
24,749.97 157,144.47
29,538.26
22.593.82
181,894.44
52,132.08
163,232.85
18,661.59
Bank and Cash at end ofyear
54,288.23 179,738.29
234,026.52
181.894.44
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
64,635
169,392
50.224
131.670
234,027
181.894
Other Assels
Fixed Assets- Note 10
Church premises
Sexton House
Manse and farm
Investments- Note 11
2,202,000
180,500
1,221,400
212,663
2,077.000
172.000
1.148.000
203.062
3,816,563
3,600,062
Llabllltles
Loans
Other
3,816,563
3.600.062
Approved by the Kirk Session and signed on its behalf by:
Rev Rodney Moody
Convenor
Alan Little
Clerk of Session
Date:
SI-S-IS
Date..

GLASCAR CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO ACCOUNTS
31 December 2024
ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
As the total income ofthe 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
FUND ACCOUNTING
Endowment funds are funds, the capitalof which must be retained either permanently or at the
congregation's discretlon; the income derived from the endowment is to be used either as restructied or
unrestricted income funds dpending upon the purposes for which the endownment was established in
the first place
Unrestricted funds are income funds which are to be spent on the congregation's general purposes.
Designate(I f unds are general funds set aside by the congregation for use in the f uture,
2. DONATIONS AND LEGACIES
Unrestrlcted Restrlcted
Funds
Funds
Endowment Total 2024 Total 2023
Funds
Recorded glvlng
Loose collections
861.20
37,214.30
5,331.18
1,000.00
293.30
15.785.00
2,365.00
1.154.50
52,999.30
7,696.18
1,000.00
1,248.40
53.341.77
5,667.58
Donations and gifts
Gift Aid
Legacies and bequests
44,406.68
18,443.30
62,849.98
60,257.75
3. CHARITABLE ACTIVITIES
Unrestrlcted Restrlcted
Funds
Funds
Endowment Total 2024 Total 2023
Funds
Income from charltable actlvltles
Fees from weddings and funerals
Burial fees. Graveyard registration & Fees
Fundraising events
Collections for Appealslcharities
Grants
PCI repayments
236.50
236.50
3,400.00
300.00
3,400.00
3,550.00
7,410.14
7,410.14
7,457.00
3,266.98
1,473.42
11,046.64
11.046.64
16,047.40

4. OTHER TRADING ACTIVITIES
Unrestrlcted Restrlcted
Funds
Funds
Endowment Total 2024 Total 2023
Funds
Lettingof premises
Manse Farm land letting
Miscellanous income
3,780.00
3,780.00
3,680.00
177.52
3,857.52
3,780.00
3,780.00
5. INVESTMENT INCOME
Unrestrlcted Restrlcted
Endowment Total 2024 Total 2023
Funds
Funds
Funds
Deposit interest
General Investment Fund
Other Investment income
1,653.08
202.62
2.410,77
2,911.92
4.063.85
3,114.54
1,746.03
8,924.42
1,766.14
2.453.88
1.375.66
5,595.68
1,746.03
3,601.73
5,322.69
6. OTHERINCOME
Unrestrlcted Restrlcted
Funds
Funds
Endowment Total 2024 Total 2023
Funds
Donaghmore Share of expenses
Wayleave
Bowling Club
Litte Chicks
Sunday School
350th Glascar and Donaghmore GB
Presbyterian Women
Ignite Youth
3,014,50
1,241.36
268.68
4,255.86
268.68
3,724.50
277.65
504.79
2,450.56
9.126.00
2,449.47
128.04
504.79
519.10
2,075.31
2,450.56
9.126.00
2.449.47
128.04
2,281.55
680.88
9,558.99
3,014.50
16,168.90
19.183.40
7. RAISING FUNDS
Unrestrlcted Restrlcted
Funds
Funds
Endowment Total 2024 Total 2023
Funds
FWO Envelopes
Fund raisingfor Building Fund
825.00
825.00
10.205.00
10,205.00

8. CHARITABLE ACTIVITIES
Unrestflcted Restrlcted
Funds
Funds
Endowment Total 2024 Total 2023
Funds
General Assembly Assessments
Presb￿ery Fees
Ministry and Support Staff
Congregation running expenses
Donations to Missions and Charities
Donations for outreachlmission
2,670.00
355.00
2,670.00
355.00
9,108.15
395.00
2,439.00
7,018.98
7,443.00
200.00
3,287.00
6,343.59
614.00
3,287.00
6,343.59
7,344.14
500.00
6,730.14
500.00
13,769.59
6.730.14
20,499.73
26,604.13
9. OTHER EXPENDITURE
Unrestrlcted Restrlcted
Funds
Funds
Endowment Total 2024 Total 2023
Funds
Bowling Club
Litte Chicks
Sunday School
350th Glascar and Donaghmore GB
Presbyterian Women
Ignite Youth
General Assembly Assessments
Presbytery Fees
Ministry and Pulpit Supply
Church Volunteers
Power. Fuel, Telephone
General Supplies
Buildings Expenditure
Farm Expenditure
Ground Expenditure
Repairs and Maintenance
Investment income distributed
Bank charges
379.79
2,267.63
8,464.06
2.577.00
57.35
379.79
2.267.63
8.464.06
2,577.00
57.35
303.10
1,843.73
2,077.00
1,137.00
5,837.00
500.00
5,837.00
500.00
5,095.00
52.08
8.580.96
856.38
2,490.00
537.32
52.08
8,580.96
856.38
2,490.00
537.32
1,101.54
276.52
33,977.63
68.68
32,410.86
524.42
10,027.75
656.79
867.88
5,244.41
60,256.62
1,101.54
276.52
7,715.06
26,262.57
10. FIXED ASSETS
The congregation owns the church premises with adjacent graveyard situationed at Glascar Road and the manse and
manse farm at Ballynafern Road. These are valued for insurance purposes at £3.603,900.
11. INVESTMENTS
The congregation owns 15237 shares in the general investment fund these are valued at the end of year share price of
£13.957 per share