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2024-12-31-accounts

Ahorey Congregation of The Presbyterian Church in Ireland

Registered Charity in Northern Ireland NIC105028

Charity Accounts for the Year ended 31[st] December 2024

1

AHOREY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts & Payments Accounts) for the year ended 31 December 2024.

Notes Unrestricted Restricted Endowment Total Total
Funds (£) Funds (£) Funds (£) 2024 2023
Receipts
Regular Direct Giving 1 63,723 51,150 114,872 120,316
Donations and Legacies 2 0 1,200
Activities that Generate Income 3 2,072 2,072 3,256
Investment Income 4 1,841 1,841 1,154
Other Income Sources 5 533 11,892 12,425 37,509
Total Receipts 66,097 65,113 0 131,210 163,435
Central Church Assessments 6 (18,444) (18,444) (17,157)
Ministry and Support Staff 7 (27,970) (1,261) (29,231) (28,175)
Life and Work 8 (3,385) (14,486) (17,871) (17,682)
Governance 9 (1,897) (2,173) (4,071) (2,008)
Property and Equipment 10 (7,063) (3,471) (10,534) (11,851)
Grants to Missions and Charities 11 (26,425) (26,425) (25,191)
Total Payments (58,759) (47,816) 0 (106,575) (102,063)
ACCOUNTING POLICIES 12
FUNDS ACTIVITY 13
FUNDS RECONCILLIATION Unrestricted Restricted Endowment Total Total
Funds (£) Funds (£) Funds (£) 2024 2023
Balances @ 1 January 57,442
134,441

5,000

196,883

135,511
Excess of Receipts over Payments before Transfers 7,338
17,297

0

24,635

61,372
Transfers Between Funds (6,555) 6,555
0
0
Balances @ 31 December 58,225
158,293

5,000

221,518

196,883

2

AHOREY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS, 31 December 2024.

2024 2023
1. Regular Direct Giving 114,872 120,316
Named Giving 89,617 95,539
Reclaimed Tax (GA & GASDS) 17,290 18,707
Cash, £30 or less 7,346 6,020
Cash, greater than £30 619 50
2. Donations and Legacies 0 1,200
Legacies and Bequests 0 579
Donations from Church Organisations 0 100
Donations 'in memory of' 0 474
Wedding Service Donations 0 6
Funeral Service Donations 0 40
3. Activities that Generate Income 2,072 3,256
Bookstall & Magazines 222 66
Graveyard fees 1,850 3,025
Use of facilities 0 165
4. Investment Income 1,841 1,154
Bank and Building Society Interest 1,841 1,154
5. Other Income Sources 12,425 37,509
Grants Received 3,800 4,200
Rental & Wayleaves Income 61 556
Miscellaneous Income 1,743 27,286
Organisation's Outings 0 223
Membership fees 5,180 4,221
BB/GB Annual Display & Prizegiving 710 0
Fundraising events 40 0
D of E Award Scheme 0 168
BB/GB Uniforms 891 156
Social events 0 700
Total of Notes 1-5 (Total Receipts) 131,210 163,435
6. Central Church Assessments (18,444) (17,157)
Central Ministry Fund (1,837) (1,574)
PCI Pension Scheme (5,256) (4,958)
Widows of Ministers Fund (330) (322)
Incidental Fund (1,323) (1,287)
Prolonged Disability Fund (257) (322)
Ministerial Development Fund (37) (143)
Sick Supply Fund (7) (14)
Assembly Buildings' External Work (661) (715)
Students Bursary Fund (588) (572)

3

AHOREY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS, 31 December 2024. (cont’d)

6. Central Church Assessments (cont’d) 2024 2023
Minister's National Insurance (2,188) (2,063)
Apprenticeship Levy (109) (103)
Ministerial Car Allowance (2,814) (2,680)
Ministerial Duties Allowance (1,876) (1,787)
ER NIC on Ministerial Allowances (648) (617)
Communications Department (514) 0
7. Ministry and Support Staff (29,231) (28,175)
Minister (21,958) (22,052)
Other Ministry and Support Staff (7,274) (6,123)
8. Life and Work (17,871) (17,682)
Worship and Fellowship (6,111) (6,217)
Discipleship and Ministry (1,988) (1,115)
Mission and Outreach (9,771) (10,350)
9. Governance (4,071) (2,008)
Independent Examiner/Audit Fees (110) (100)
Other Professional Fees (180) 0
Printing & Stationery (526) (330)
Other Sundry Expenses (1,307) (230)
Bank Interest and Charges (41) (37)
Presbytery Fees (374) (420)
Broadband, TV licence; software (545) (517)
support
Health & Safety, Food Hygiene etc (953) (261)
training
Postage (34) (113)
10. Property and Equipment (10,534) (11,851)
Utilities (2,520) (2,009)
Property (5,204) (8,261)
Insurances (2,810) (1,580)
11. Grants to Missions and Charities (26,425) (25,191)
United Appeal for Mission (6,600) (5,642)
Other PCI Schemes (6,638) (3,545)
Other Missions and Charities (13,187) (16,004)
Total of Notes 6-11 (Total Payments) (106,575) (102,063)

4

AHOREY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS, 31 December 2024. (cont’d)

12. Accounting Policies

Basis of financial statements

As the total income of the congregation is less than £250,000, the congregation has 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 capital of which must be retained either permanently or at the congregation’s discretion; the income derived from the endowment is to be used either in restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place.

Restricted funds comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor and (b) revenue donations or grants for a specific congregational activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average balance basis.

Unrestricted funds are income funds which are to be spent on the congregation’s general purposes. Designated funds are general funds set aside by the congregation for use in the future.

5

AHOREY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS, 31 December 2024. (cont’d)

13. Funds Activity Balance Receipts Payments Transfers Transfers Balance
at start £ £ £ In £ Out £ at end £
UNRESTRCITED FUNDS 57,442 66,097 58,759 1,000 7,555 58,225
General (2024) 5,442 66,044 58,759 0 7,555 5,172
General Reserve 52,000 53 0 1,000 0 53,053
RESTRICTED FUNDS 134,441 65,113 47,816 42,378 35,823 158,293
Property Funds 111,094 21,882 3,791 38,273 35,273 132,185
Property (2024) 36,853 19,871 2,470 0 35,273 18,981
Property Reserve 63,510 0 0 38,273 0 101,783
Graveyard 9,489 1,950 1,200 0 0 10,239
Land 1,126 61 61 0 0 1,126
Manse 0 0 0 0 0 0
Moses (Mossie) Jeffers
Bequest 115 0 60 0 0 55
Organisation Funds 20,556 18,554 14,359 0 550 24,201
Anchorage Youth Club 639 551 462 0 0 727
Boys' Brigade 6,776 8,107 7,588 0 0 7,295
Boys' Brigade (EA) (1) 0 0 0 0 (1)
Girls' Brigade 7,854 6,038 5,599 0 0 8,293
Girls' Brigade (EA) 1,218 1,800 99 0 0 2,919
Men's Fellowship 48 1,114 0 0 550 612
PW 4,023 944 611 0 0 4,356
Mission & Charity Funds 2,791 24,055 29,374 4,105 0 1,577
Mission & Charity 1,117 13,605 16,636 4,105 0 2,190
PW Missions (PCI) 0 1,810 1,761 0 0 50
Students Bursary (PCI) 0 590 590 0 0 0
United Appeal for Mission
(PCI) 0 6,357 6,600 0 0 (243)
World Development Appeal
(PCI) 1,674 1,693 3,787 0 0 (420)
Other Restricted Funds 0 622 292 0 0 330
Bookstall & Magazines 0 622 292 0 0 330
ENDOWMENT FUNDS 5,000 0 0 0 0 5,000
TOTAL 196,883 131,210 106,575 43,378 43,378 221,518

END OF NOTES TO ACCOUNTS

6

an Statement vf xnd Liabilities at 31 D¢cember 2024 Unrestricted Restricted Endowment Total Funds 2024(£) Total Funds 2023(£) Funds (£) Funds (£) Funds (£) Fund Reconciliation Balances @ l January 57,442 7,338 {6,555} 58,225 134,441 17,297 6,555 158,293 5,000 196.883 24,635 135,511 61,372 Excess of Receipts over Payments before Transfers Transfers Between Funds l4alances (11 31 December 5,000 221,518 196,883 Tangible Assets @ 31 December Bank Deposit Accounts Bank Current Accounts Cash and Cheques in Hand 221,289 229 221,518 13,000 191,707 5,176 196,883 13,000 Reclaimable t&x under the Gift Aid and Gift Aid Small Donations Schemes Fixed Assets @ 31 December 2024 Church Premises at 137, 139 & 141 BT62 3SX including their Church-owned Fixtures, Fittings & Equipment Circa 6 Acres Agricultural Land Adjoining Church Premises Approved by the Charity Trustees (Kirk Session) at a meeting on 184 lpd 2 c)2 ¥ , and signed on its behalf by ¢iqY Rev Philip W A Mcclelland (Minister) J Fred Sandford (Clerk of Kirk Session} END OF CHURCH Accouwrs