ST ANDREW'S BANGOR CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)
for the year ended 31 December 2024
Note
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Receipts
Donations and legacies
Charitable activities
Other trading activities
Investment Income
Loans
Other
126,990
104,855
2,471
231,845
2,471
6,389
62
207,634
1,489
4,607
20
6,389
62
Total Receipts
133,379
107,388
240,767
213,750
Payments
Raising funds
Charitable activities
Other Expenditure
489
135,084
489
234,426
570
159,263
21,778
99,342
10
Total Payments
135,573
99,342
234,915
181,611
Net receipts / Ipaymentsl
Transfer5 between funds
12,1941
{6,139}
8,046
6,139
5,852
32,139
Net movement in funds
Funds brought forward
18,333)
89,777
14,185
117,335)
5,852
72,618
32,139
40,479
176
Funds carried forward
12
81,444
13,150)
176
78,470
72,618
17

ST ANDREW'S BANGOR CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2024
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
Funds
2024
Total
Funds
2023
Funds Reconciliation
Bank and Cash at start of year
Net movement in funds
89,777
{8,3331
(17,3351
14,185
176
72,618
5,852
40,479
32,139
Bank and Cash at end of year
81,444
(3,182)
176
78,470
72,618
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
76,397
2,073
71,327
1,291
78,470
72,618
Other Assets
Fixed Assets - Note 11
Church Premises
Gift Aid receivable on donations
7,695
7,733
7,695
7,733
Liabil ities
Creditors
Loans
135,000
202,000
Approved by the Kirk Session at a meeting on 21 May 2025 and signed on its behalf by
JJI
Rev Mark Johnsto
Mr David Hooks
18

ST ANDREW'S BANGOR CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2024
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 (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 as restricted or
unrestricted income funds depending upon the purpose for which the endowment was established in
the first place.
Restricted funds comprise {al 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.
DONATIONS AND LEGACIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Recorded giving:
Loose collections
Donations and gifts
Gift Aid
Legacies and bequest
4,150
108,445
14,395
4,150
203,295
24,400
4,238
173,251
30,145
94,850
10,005
126,990
104,855
231,845
207,634
19

ST ANDREW'S BANGOR CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2024
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2024
Total
2023
Income from charitable activities
Fundraising events
Membership fees
Grants
1,569
902
1,569
902
1,489
2,471
2,471
1,489
4. OTHER TRADING AcfiviTIES
Unrestricted
Fund5
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Letting of premises
Trading income
6,389
6,389
4,607
6,389
6,389
4,607
INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Deposit interest
Other investment income
62
62
20
62
62
20
LOANS RECEIVED
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Interest free loans
Bank Loans
20

ST ANDREW'S BANGOR CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {cont'd)
31 December 2024
OTHER INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Insurance claims
Other income
RAISING FUNDS
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
FWO envelopes
Fundraising events
489
489
570
489
489
570
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Congregational running expenses
Donations to Missions and
charities
Loans repaid
18,338
829
42,648
73,269
18,338
829
42,648
82,802
22,809
15,938
775
40,707
61,846
22,841
9,533
22,809
67,000
67,000
17,156
135,084
99,342
234,426
159,263
21

ST ANDREW'S BANGOR CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {cont'd)
31 December 2024
10. OTHER EXPENDITURE
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Building costs
21,778
21,778
11
FIXED ASSETS
The congregation owns the Church premises {including halls) situated at 111 Clandeboye Road, Bangor
and the associated fixtures, fittings, plant and machinery. These have an insurance value of £4,072,650
The congregation also own5 a Manse at 27 Beechfield Avenue, Bangor valued at £454,432.
22

ST ANDREW'S BANGOR CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
11. FUND BALANCES
Fund
Balance
at start
Receipts
Payment Surplus / Transfer
(Deficit)
Balance
at end
Unrestricted Funds
General Fund
89,777
133,379
135,573
{2,194)
16,139)
81,444
89,777
133,379
135,573
12,1941
(6,1391
81,444
Restricted Funds
Development Fund
United Appeal
Religious and Charitable
Sundry Funds
Boy's Brigade
Tots & Co
Bowling Club
Presbyterian Women
Youth Fellowship
Early Birds
Sunshine Hour
Knit 'n" Natter
Loan5
Spark
Ignite
Furniture Account
1240,0191
52,743
12,208
11,734
24,126
32
1,337
911
813
52,743
2,698
{8381
20,392
32
1,374
(371
417
494
740
73
72
{72)
232
{76)
248
283
1,661
326
67,000 (67,0001
281
{1961
15591 1187,835)
(2,698)
2,698
9,510
12,572
3,734
11,671
11,044
1,887
796
602
167
78
50
156
290
202,000
554
11
16,6221
13,531
31,436
1,919
259
796
240
156
24
439
516
135,000
358
11
{500}
{300)
150
50
156
531
1,987
1100)
85
725
1,501
17761
7,398
(17,3351
107,388
99,342
8,046
6139
13,1501
Endowment Funds
Cooper Bequest
176
176
176
176
Total
72,618
240,767
234,915
5,852
78,470
23