LISNABREEN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)
for the year ended 31 December 2024
Note Unrestricted Restricted Endowment
Funds
Funds
Funds
Total
2024
Recelpts
Donations and legacies
Charitable activities
Other trading activities
Investment Income
Other
61.375
100
530
561
17
28,139
1,589
89,513
1,689
530
834
4421
235
38
Total Receipts
62,584
34,366
38
96,987
Payments
Raising funds
Charitable attivities
Loan repayment
274
69.615
274
101,912
5,244
32,297
5,244
Total Payments
69,889
37.541
107,430
Net receipts / (payments)
Transfers between funds
(7,305)
300
(3,175)
(180)
38
(120)
(10,442)
Net movement in funds
Funds brought forward
(7005)
40926
(3,355)
31,719
(82) (10,442)
3,830
76,475
Funds carried forward
33.921
28..464
3.748
66,033
10

LISNABREEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF ASSEfs AND UABIUTIES
As at 31 December 2024
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
Funds
2024
Funds Reconclllation
Bank and Cash at start of year
Net movement in funds
40,926
(7,IX15)
31,719
(3,355)
3,830
76,475
(82) (10,422)
Bank and Cash at end of year
33,921
28,364
3,748
66,033
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
65,951
82
66,033
Other Assets
Fixed Assets- Note 8
Gift Aid receivable on donations
12,471
12,471
Loans
8,445
Approved by the Kirk Session at a meetlng on 6th ortober 2025 and signed on Its behalf by
Rev Sam Castles
Minister
David Corbett
Clerk of Session
11

LISNABREEN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2024
ACCOUNTING POUCIES
BASIS OF FINANCIAL sfATEMENrs
As the total income of the congregation is less than £250,IJ)O the congregation have elected in
accordance with thc provisions in The Charities (Accounrs 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 erther permanently or at the
congregation's discretion. the income derived from the endowment is to be used either as ￿stricted or
unrestricted income funds depending upon the purpose for which the endowment was established in
the first place.
Restritted funds comprise (a) income from endowments which is to be expended only on the restritted
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 balan￿ basis.
Unrestrirted 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
Unrestrfcted Restricted Endowment
Funds
Funds
Funds
Total
2024
Recorded giving".
Loose collections
Donations and gifts
Gift Aid
Legacies and bequest
56, 402
1.756
1,955
1,262
12,164
78,566
1,756
17,470
1,262
460
15.515
61,375
28,139
89,513
12

LISNABREEN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 De￿rnber 2024
CHARITABLE ACTivrriES
Unrestricted
Fund5
Restricted Endowment
Funds
Funds
Total
2024
Income from charitable artivities
Fees from weddings and funerals
Fundraising events
Membership fees
Grants
100
100
1,589
1,589
1,589
1,689
4. OTHER TRADING AcfiviTIES
Unrestrirted
Funds
Restrlcted Endowment
Funds
Funds
Total
2024
Letting of premises
Trading income
530
530
5. INVESTMENT INCOME
Unrestrirted
Funds
Restricted Endowment
Fund5
Funds
Total
2024
Deposit interest
561
235
38
834
561
235
38
834
6. OTHER INCOME
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Totsl
2024
Other Income
17
4,421
17
4,421
13

USNABREEN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {conVd)
31 December 2024
7. RAISING FUNDS
Unrestrirted Restricted Endowment
Fund5
Funds
Funds
Total
2024
FWO envelopes
Fundraising events
274
274
274
274
8. CHARITABLE AcfiviTIES
Unrestricted Restrlrted Endowment
Funds
Funds
Fund5
Totsi
2024
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Congregational running expenses
Donations to Missions and
charities
Governance costs
11,068
1.203
35,534
19,050
2,760
11,068
1.203
48,003
35,731
5,907
12.469
16,681
3.147
69,615
32.297
101,912
9. OTHER EXPENDITURE
Unrestrirted
Funds
Restricted Endowment
Funds
Funds
Total
2024
Loan repayments
5,244
5,244
17
5.244
5,244
10. FIXED ASSErs
The congregation owns the Church premises situated at l Lisnabreen Walk, Bangor BT19 4x1 and the
associated fixtures, fittings, plant and machinery. These have an insurance value of £1.698,474. The
congregation also owns its manse at 4 Ardvana8h Avenue. Conlig which has an insurance value of
£447,629
14

.LISNABREEN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {conVd)
31 December 2024
11. FUND BALANCES
Fund
Balance Receipts Payment Surplus / Transfer
at stsrt
(Deficit)
Balance
at end
Unrestrlrted Funds
General Fund
40,926
62.584
69,888
{7,305)
300
33,921
40,926
62,584
69,888
(7,305)
300
33,921
Restricted Funds
Building Account
United Appeal
Sunday School
Source (Highway Club)
Doorstep Ministry
Youth council
Business Reserve
Presbyterian Women
Community Worker
Breenies
Loan
(934)
12,805
3.950
12.142
2,747
118
1.338
385
1.554
664
1,203
(115)
313
(265)
(270)
1,203
179
519
1,367
1,133
1,956
215
13,356
239
13689
120
1,651
120
1,598
28
686
12,468
1.057
832
1.101
878
1985
239
13,355
412
8,445
(300}
28
25
(i)
173
(5,244)
661
12,469
5244
31.719
34.366
37.541
13175)
(180)
28,364
Endowment Funds
Lottie Thompson
3.830
38
38
(120)
3748
Total
76.475
96.987
107.429
(10.442)
66,033
15