Presbyter
an
TULLYALLEN CONGREGATION OF THE
PRESBYTERIAN CHURCH IN IRELAND
FINANCIAL STATEMENTS
for the year ended 31 December 2024
Registered Charity in Northeru Ireland (N'IC 105149)

TULLYALLEN CONGREGATION OF THE PRESBYTERIA￿, CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)
for the year ended 31 December 2024
Total
2023
Note
ITnrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Receipts
Donations and legacies
Charitable activities
Investment Income
Other
74,126.96
36,530.00
163,574.98
39,605.35
100,546.38
64,531.59
89,448.02
3,075.3)
21,161.60
57,381.33
19,720.13
36,219.73
128 743.10
131,818.56
260 561.66
184 798.10
Total Receipts
Payments
Charitable activities
Loan repayments
110,897.80
310,497.84
421,395.64
111,838.46
421395,64
111838.46
Total Payments
110 897.80
310 497.84
72,959.64
Net receipts l (payments)
Transfers between funds
Net movement in funds
17,845,30
5 000.00
12,845.30
(178,679.28)
222 283.00
43,603.72
(160,833.98)
217 283.00
56,449.02
72,959.64
118,222.28
Funds brought forward
35,977.83
155,204.09
191,181.92
48 823.13
198.807.81
247.630.94
191181.92
Funds carried forward

TULLYALLEN CONGREGATION OF THE PRESBYTERLIN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES
for the year ended 31 December 2024
Note
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Funds Reconciliation
Bank and cash at start ot.year
Net movement in funds
35,977.83
12,845.30
155,204.09
43,603,72
191,181.92
56.449.02
118,222.28
72,959.64
198 807.81
247 630.94
191181.92
Bank and cash at end of year
48 823.13
BAnk & Cash Balances
Bank current accounts
247 630.94
191181.92
Other Assets
Premises at insurance value:
Manse
Sexton's house
Church preinises and contents
474,490.00
146,962.00
2 401284.00
3 022 736.00
474,490.00
146,962.00
2 401284.00
3.022 736.00
Investment in Presbyterian Mutual Society
(balance has been written down to nil)
Liabilities
Bank loan
217 283.00
Approved by the Kirk Session on l 8 March 2025 and signed on their behalf by:
JJ
Jo
Rev. N Reid

TULLYALLEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
for the year ended 31 December 2024
I. ACCOUNTING POLICIES
BASIS OF FINANCIAL STATETrqENTS
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 ieceipts and payments basis.
FUND ACCOUNTING
Endowment funds are funds, the capital of which Inust be retained either permanently or at the congregation's discretion. the income derived from the
endowment is to be used either as restricted OT 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 investsnent
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.
Total
2023
2. DOIYATIONS AND LEGACIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Freewill and loose offerings
Donations and gifts
Gift Aid
75,738.40
445.07
13,264.55
89.448.02
62,166.56
6,080.00
5,880.40
74 126.96
137.904.96
6,525.07
19,144.95
163 574.98
86,582.69
1,273.30
12,690,39
100 546.38
3. CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Income from charitable activities
Fees from weddings and funerals
3,075.35
34,530.00
2,000.00
36,530.00
37,605.35
2,000.00
39,605.35
57.896.59
6,635.00
64.531.59
3,075.35
TotAI
2023
4. INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Deposit interest
Total
2023
5. OTHER INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
36,219.73
21.161.60
57 381.33
19720.13
Other income
6. CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
6.182.50
815.00
35,517.02
29,456.36
29,981.16
9,886.42
111838,46
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Premises costs
Congregational running expenses
Donations to Missions and Charities
8,752.63
884.00
38.460.26
39,084.31
16.884.60
6,832.00
110 897.80
8.752.63
884.00
38,460.26
327,403.03
27,471.22
18,424.50
421395.64
288,318.72
10.586.62
11,592.50
310 497.84
The above premises costs include expenditure on the building of a new manse on the existing site. This work is to be cornplcted in the year ended
31 December 2025.

TULLYALLEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
for the year ended 31 December 2024
7. FUND BALANCES
Balance
at start
Surplus
(Deficit)
Balance
at end
Receipts
Payments
Transfer
Unrestricted Funds
General
35,977.83
128,743.10
110,897.80
17,845.30
(5,000.00)
48.823.13
35,977.83
128,743,10
110,897.80
17.845.30
5,000.00
48,823.13
Restricted Funds
General
Sunday School
Property maintenance
Church new build (Ulster Bank)
Church new build (Danske Bank)
6,927.75
2,396.60
7,148.00
1,327.74
(220.25)
1,068.86
(220.25)
3.340.56
861.72
108.23
194,717.55
2,271.70
861.72
108.23
151,962.44
122,494.21
302,022.10
(179,527.89)
222.283.00
155,204.09
131,818.56
310,497.84
178,679.28
222,283.00
198 807.81
Total
191181.92
260 561.66
421395.64
160 833.98
217 283.00
247 630.94
LOAN ACCOUNT
Balance
at start
Surplus
(Deficit)
Balance
at end
Receipts
Payments
Transfer
Danske loan account
217 283.00
217 283.00