Spa Congregation of the Presbyterian Church in Ireland Statement of Financial Activity (Receipts and Payments Account) for the year ended 31 December 2024
| Note Receipts Donations and legacies 2 Charitable activities 3 Other trading activities 4 Investment income 5 Other 6 Total Receipts Payments Charitable activities 7 Other 8 Total Payments Net movement in funds |
Unrestricted Funds £ 43,665 1,935 1,250 1,875 104 48,829 24,884 4,155 29,039 19,790 |
Restricted Funds £ 16,712 15,759 555 808 735 34,569 27,112 2,685 29,797 4,772 |
Investments £ 0 0 0 1,173 0 1,173 0 0 0 1,173 |
Total 2024 £ 60,377 17,694 1,805 3,856 839 84,571 51,996 6,840 58,836 25,735 |
Total 2023 £ 56,589 11,784 3,964 2,233 127 |
|---|---|---|---|---|---|
| 74,697 | |||||
| 29,557 16,425 |
|||||
| 45,982 | |||||
| 28,715 |
Spa Congregation of the Presbyterian Church in Ireland Statement of Assets and Liabilities for the year ended 31 December 2024
| Note Funds reconciliation Bank and cash at start of year Transfers between accounts Net movement in funds Bank and Cash at end of year Bank and Cash Balances Bank deposit accounts Bank current accounts Cash Other Assets Investments 9 |
Unrestricted Funds 18,928 0 19,790 38,718 |
Restricted Funds 21,867 0 4,772 26,639 |
Investments 65,218 0 1,173 66,391 |
Total 2024 106,013 0 25,735 131,748 66,391 65,357 0 131,748 100,951 |
Total 2023 77,298 0 28,715 |
|---|---|---|---|---|---|
| 106,013 | |||||
| 65,218 40,170 625 |
|||||
| 106,013 | |||||
| 96,393 |
Spa Congregation of the Presbyterian Church in Ireland Notes to the Accounts 31 December 2024
1. 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
Restricted funds comprise 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 sets aside by the congregation for use in the future.
2. Donations and legacies
| Freewill Offering Loose collections Donations and gifts Gift aid Legacies and bequests 3. Charitable activities Fees from weddings and funerals Fundraising events Membership fees Grants 4. Other trading activities Letting of premises 5. Investment income Deposit interest General investment fund Rents investment properties Other investment income |
Unrestricted Funds £ 37,284 993 410 4,978 0 43,665 Unrestricted Funds £ 200 252 1,483 1,935 Unrestricted Funds £ 1,250 1,250 Unrestricted Funds £ 106 1,769 0 0 1,875 |
Restricted Funds £ 4,810 10,091 1,811 0 16,712 Restricted Funds £ 1,075 5,541 2,060 7,083 15,759 Restricted Funds £ 555 555 Restricted Funds £ 190 618 0 0 808 |
Investments £ 0 0 0 0 0 0 Investments £ 0 0 0 0 0 Investments £ 0 0 Investments £ 1,173 0 0 0 1,173 |
Total 2024 £ 42,094 993 10,501 6,789 0 60,377 Total 2024 £ 1,275 5,793 2,060 8,566 17,694 Total 2024 £ 1,805 1,805 Total 2024 £ 1,469 2,387 0 0 3,856 |
Total 2023 £ 37,713 2,485 10,936 5,454 0 |
|---|---|---|---|---|---|
| 56,588 | |||||
| Total 2023 £ 150 5,609 1,625 4,400 |
|||||
| 11,784 | |||||
| Total 2023 £ 3,964 |
|||||
| 3,964 | |||||
| Total 2023 £ 398 1,835 0 0 |
|||||
| 2,233 |
Spa Congregation of the Presbyterian Church in Ireland Notes to the Accounts 31 December 2024
6. Other income
| Other income 7. Charitable activities General Assembly assessments Presbytery fees Ministry and support staff costs Congregational running expenses Donations to missions and charities Governance costs 8. Other expenditure Property and equipment Cleaner Organist |
Unrestricted Funds £ 104 104 Unrestricted Funds £ 3,207 411 8,532 12,170 408 156 24,884 Unrestricted Funds £ 0 1,005 3,150 4,155 |
Restricted Funds £ 735 735 Restricted Funds £ 0 0 478 17,741 8,893 0 27,112 Restricted Funds £ 1,227 1,458 0 2,685 |
Investments £ 0 0 Investments £ 0 0 0 0 0 0 0 Investments £ 0 0 0 0 |
Total 2024 £ 839 839 Total 2024 £ 3,207 411 9,010 29,911 9,301 156 51,996 Total 2024 £ 1,227 2,463 3,150 6,840 |
Total 2023 £ 127 |
|---|---|---|---|---|---|
| 127 | |||||
| Total 2023 £ 4,929 411 6,342 9,101 8,631 144 |
|||||
| 29,558 | |||||
| Total 2023 £ 10,850 2,500 3,075 |
|||||
| 16,425 |
9. Investments
The congregation has the following investments. Amounts are shown at market valuation.
General Investment Fund (These are endowment funds with interest only being received by the Church)
| 2024 £ 100,951 |
2023 £ |
|---|---|
| 96,393 |