MILLISLE & BALLYCOPELAND CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
Financial Statements for the year ended 31 December 2024
Registered Charity in Northern Ireland (NIC105206)
MILLISLE & BALLYCOPELAND CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY
Year ending 31 December 2024
| Receipts Note Donations and Legacies 2 Charitable activities 3 Other trading activities 4 Investment income 5 Other 6 Sale of investments Sale of fixed assets Loans received Total Receipts Payments Raising funds 7 Charitable activities 8 Investment costs Other 9 Purchase of investments Purchase of fixed assets Loan repayments Total Payments Net receipts/(payments) Transfers between funds Net movement of funds Funds brought forward Funds carried forward |
Unrestricted Funds Restricted Funds Endowment Funds Total 2024 71,521 8,735 0 80,256 3,697 14,131 0 17,827 320 0 0 320 2,213 2,689 0 4,902 2,181 15,667 0 17,849 79,932 41,223 0 121,155 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 79,932 41,223 0 121,155 569 1,673 0 2,242 66,264 43,598 0 109,863 0 0 0 0 2,678 3,227 0 5,905 69,512 48,498 0 118,010 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 69,512 48,498 0 118,010 10,421 -7,276 0 3,145 0 0 0 0 10,421 -7,276 0 3,145 68,856 98,602 0 167,458 79,277 91,326 0 170,603 |
Total 2023 79,022 15,295 4,920 4,461 7,053 |
|---|---|---|
| 110,751 | ||
| 0 0 0 |
||
| 0 | ||
| 110,751 | ||
| 609 87,658 0 3,044 |
||
| 91,311 | ||
| 0 0 0 |
||
| 0 | ||
| 91,311 | ||
| 19,440 0 |
||
| 19,440 148,018 |
||
| 167,458 |
Registered Charity in Northern Ireland (NIC105206)
MILLISLE & BALLYCOPELAND CONGREGATION OF THE PREBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As of 31 December 2024
| Funds Reconciliation Bank and Cash at start of year Net movement in funds Bank and Cash at end of year Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand Other Assets Fixed Assets - Note 10 > Church premises > Fixtures, Fittings, Equipment > Vehicles Investments - Note 11 Gift aid receivable on donations Liabilities Loans Other Total Funds |
Unrestricted Funds Restricted Funds Endowment Funds 68,856 98,602 0 10,421 -7,276 0 |
Total 2024 167,458 3,145 170,603 5,598 164,461 544 170,603 0 0 0 0 0 0 0 0 0 0 170,603 |
Total 2023 148,018 19,440 |
|---|---|---|---|
| 79,277 91,326 0 |
167,458 | ||
| 160,787 6,175 496 |
|||
| 167,458 | |||
| 0 0 0 0 0 0 |
|||
| 0 | |||
| 0 0 |
|||
| 0 | |||
| 167,458 |
Approved by the Kirk Session at a meeting on 16th April 2025 and signed on it's behalf by: -
Miss M Startin
Mr E Walton
Registered Charity in Northern Ireland (NIC105206)
MILLISLE & BALLYCOPELAND CONGREGATION OF THE PREBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES
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
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.
Resticted 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.
2. DONATIONS AND LEGACIES
| 2. DONATIONS AND LEGACIES | ||
|---|---|---|
| a) Recorded giving b) Loose collections c) Donations and gifts d) Gift aid e) Legacies and bequests |
Unrestricted Funds Restricted Funds Endowment Funds Total 2024 58,354 7,332 0 65,686 957 0 0 957 1,320 0 0 1,320 10,890 1,403 0 12,294 0 0 0 0 71,521 8,735 0 80,256 |
Total 2023 |
| 65,370 694 918 12,040 0 |
||
| 79,022 |
3. CHARITABLE ACTIVITIES
| a) Income from charitable activities b) Fees from weddings and funerals c) Fundraising events d) Membership fees e) Grants Organisations income |
Unrestricted Funds Restricted Funds Endowment Funds Total 2024 0 3,750 0 3,750 0 0 0 0 3,697 670 0 4,367 0 0 0 0 0 0 0 0 0 9,711 0 9,711 3,697 14,131 0 17,827 |
Total 2023 |
|---|---|---|
| 2,386 0 3,499 0 440 8,971 |
||
| 15,295 |
4. OTHER TRADING ACTIVITIES
| 4. OTHER TRADING ACTIVITIES | ||
|---|---|---|
| a) Letting of premises b) Trading income |
Unrestricted Funds Restricted Funds Endowment Funds Total 2024 320 0 0 320 0 0 0 0 320 0 0 320 |
Total 2023 |
| 4,920 0 |
||
| 4,920 |
Registered Charity in Northern Ireland (NIC105206)
5. INVESTMENT INCOME
| 5. INVESTMENT INCOME | ||
|---|---|---|
| a) Deposit interest b) General Investment Fund c) Rents investment properties d) Other investment income |
Unrestricted Funds Restricted Funds Endowment Funds Total 2024 2,213 2,689 0 4,902 0 0 0 0 0 0 0 0 0 0 0 0 2,213 2,689 0 4,902 |
Total 2023 |
| 4,461 0 0 0 |
||
| 4,461 |
6. OTHER INCOME
| a) Insurance claims b) Other income |
Unrestricted Funds Restricted Funds Endowment Funds Total 2024 0 0 0 0 2,181 15,667 0 17,849 2,181 15,667 0 17,849 |
Total 2023 |
|---|---|---|
| 0 7,053 |
||
| 7,053 |
7. RAISING FUNDS
| a) FWO envelopes b) Fundraising events |
Unrestricted Funds Restricted Funds Endowment Funds Total 2024 569 0 0 569 0 1,673 0 1,673 569 1,673 0 2,242 |
Total 2023 |
|---|---|---|
| 609 0 |
||
| 609 |
8. CHARITABLE ACTIVITIES
| a) General Assembly Assessments b) Presbytery Fees c) Ministry and support staff costs d) Congregational running expenses e) Donations to Missions and charities f) Governance costs Organisation expenses 9. OTHER EXPENDITURE Investment properties expenses |
Unrestricted Funds Restricted Funds Endowment Funds Total 2024 15,499 0 0 15,499 521 0 0 521 34,488 0 0 34,488 15,336 23,390 0 38,726 0 9,700 0 9,700 420 0 0 420 0 10,508 0 10,508 66,264 43,598 0 109,863 2,678 3,227 0 5,905 Unrestricted Funds Restricted Funds Endowment Funds Total 2024 0 0 0 0 |
Total 2023 |
|---|---|---|
| 12,127 497 32,810 25,883 7,891 390 8,060 |
||
| 87,658 | ||
| 3,044 | ||
| Total 2023 | ||
| 0 |
10. FIXED ASSETS
The congregation owns the church premises situated at 17 Ballywalter Road, Millisle and the associated fixtures, fittings, plant and machinery. These have an insurance value of £3,511,747
11. INVESTMENTS
| 11. INVESTMENTS | ||
|---|---|---|
| General Investment Fund Property Other investments |
Unrestricted Funds Restricted Funds Endowment Funds Total 2024 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
Total 2023 |
| 0 0 0 |
||
| 0 |
Registered Charity in Northern Ireland (NIC105206)
12. FUND BALANCES
| Fund Balance at start Receipts Payments Surplus / (Deficit) Unrestricted Funds FWO/General Fund 68,856 79,932 69,512 10,421 Restricted Funds Ballycopeland Graveyard Maintenance 619 0 630 -630 Boys Brigade 392 0 0 0 Building Fund 39,077 11,546 18,718 -7,172 Christian Aid 0 1,035 1,035 0 Church Charity Fund 0 2,715 2,715 0 Disaster Fund 506 0 0 0 Flower Festival 6,660 7,656 1,673 5,983 Flower Fund 4 382 100 282 Interest on Simpson Gift 42,173 2,228 7,168 -4,941 Millisle Old School Fund 530 0 0 0 Moderators Appeal Fund 0 0 0 0 Presbyterian Children's Society 0 0 0 0 Relief Fund 300 0 0 0 Religious Publications -74 0 0 0 United Appeal 0 5,150 5,150 0 World Development 0 800 800 0 Girls Brigade 3,552 4,899 4,169 730 Bowling Club 1,761 1,099 1,849 -750 Ignite Youth Group 78 0 0 0 Presbyterian Women 797 1,137 1,033 104 Tuesday Club 97 481 336 145 Catering Committee 1,952 2,095 3,122 -1,027 Sunday School 179 0 0 0 Total 98,602 41,223 48,498 -7,276 Endowment Funds 0 0 0 0 Total 167,458 121,155 118,010 3,145 |
Transfer Balance at end |
|---|---|
| 79,277 | |
| -11 392 31,904 0 0 506 12,642 286 37,232 530 0 0 300 -74 0 0 4,282 1,011 78 901 242 925 179 |
|
| 0 91,326 |
|
| 0 0 |
|
| 0 170,603 |
Registered Charity in Northern Ireland (NIC105206)