TRINITY AHOGHILL 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 Sale of Investments Sale of Fixed Assets Loans Received Total Receipts Payments Raising funds 7 Charitable actvities 8 Investment costs Other 9 Purchase of Investments Purchase of Fixed Assets Loan Repayments Total Payments Net receipts/(payments) Transfers between funds Net movement in funds Funds Brought Forward Funds Carried Forward 12 |
Unrestricted Restricted Endownment Total Total funds Funds Funds 2024 2023 £ £ £ £ £ 100,036 61,901 0 161,937 156,912 0 7,241 0 7,241 5,961 1,000 0 0 1,000 0 2,036 1,719 160 3,915 1,050 0 821 0 821 915 |
|---|---|
| 103,072 71,682 160 174,914 164,838 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
|
| 103,072 71,682 160 174,914 164,838 |
|
| 525 0 0 525 532 55,121 55,705 0 110,826 137,239 0 0 0 0 0 12,193 7,731 0 19,924 20,533 |
|
| 67,839 63,436 0 131,275 158,304 0 0 0 0 0 0 0 0 0 3,628 0 0 0 0 0 |
|
| 67,839 63,436 0 131,275 161,932 |
|
| 35,233 8,246 160 43,639 2,906 (780) 780 0 (0) 0 |
|
| 34,453 9,026 160 43,639 2,906 91,910 89,741 15,007 196,658 193,752 |
|
| 126,363 98,767 15,167 240,297 196,658 |
11
TRINITY AHOGHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2024
| Funds Reconciliation Bank and Cash at start of Year Net Movement in funds Bank and Cash at end of Year Bank and Cash Balances Bank Deposit Accounts Investments - Note 11 Bank Current Accounts Cash in Hand Other Assets Fixed Assets - Note 10 - Church Premises & equipment - Manse Liabilities Loans Others |
Unrestricted Restricted Endownment Total Total funds Funds Funds 2024 2023 £ £ £ £ £ 91,910 89,741 15,007 196,658 193,752 34,453 9,026 160 43,639 2,906 |
Unrestricted Restricted Endownment Total Total funds Funds Funds 2024 2023 £ £ £ £ £ 91,910 89,741 15,007 196,658 193,752 34,453 9,026 160 43,639 2,906 |
|---|---|---|
| 126,363 98,767 15,167 |
240,297 196,658 |
|
| 101,621 101,621 39,522 3,385 98,793 91,544 361 107 |
||
| 240,297 196,657 |
||
| 4,115,126 3,919,167 456,527 434,787 |
||
| 4,571,653 4,353,955 |
||
| 0 0 0 0 |
||
| 0 0 |
Approved by the Kirk Session at a meeting on and signed on its behalf by Name Name Date Date
12
TRINITY AHOGHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 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
Endownment funds are funds the capital of which must be retained either permanently or at the congregation's discretion; the income derived from the endownment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endownment was established in the first place.
Restricted funds comprise (a) income from endownments 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 unspend balances, interest on their pooled investment is apportioned to the 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 | |
|---|---|
| Recorded Giving Loose Collections Donations and Gifts Gift Aid Legacies and Bequest |
Unrestricted Restricted Endownment Total Total funds Funds Funds 2024 2023 £ £ £ £ £ 83,547 36,614 0 120,161 123,277 3,232 6,452 0 9,684 11,654 50 10,518 0 10,568 879 13,207 8,317 0 21,524 20,102 0 0 0 0 1,000 |
| 100,036 61,901 0 161,937 156,912 |
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TRINITY AHOGHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (continued)
3. CHARITABLE ACTIVITIES
| Income from charitable activities Fundraising events Membership Fees Grants 4. OTHER TRADING ACTIVITIES Letting of premises Trading Income 5. INVESTMENT INCOME Deposit Interest General Investment Fund |
Unrestricted Restricted Endownment Total Total funds Funds Funds 2024 2023 £ £ £ £ £ 0 2,375 0 2,375 1,297 0 0 0 0 0 0 2,628 0 2,628 2,064 0 2,238 0 2,238 2,600 |
|---|---|
| 0 7,241 0 7,241 5,961 |
|
| Unrestricted Restricted Endownment Total Total funds Funds Funds 2024 2023 £ £ £ £ £ 1,000 - - 1,000 - - - - - - |
|
| 1,000 - - 1,000 - |
|
| Unrestricted Restricted Endownment Total Total funds Funds Funds 2024 2023 £ £ £ £ £ 1,952 1,696 0 3,648 703 84 23 160 267 347 |
|
| 2,036 1,719 160 3,915 1,050 |
14
TRINITY AHOGHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (continued)
6. OTHER INCOME
| Insurance claims Graveyard, carpark, wayleave 7. RAISING FUNDS Cost of FWO Envelopes Fundraising Events 8. CHARITABLE ACTIVITIES General Assembly Assessments Presbytery Fees Ministry and Support Staff Costs Congregational running Expenses Donations to Missions and Charities Event & Catering Expenses Stationary & Teaching materials Publications Governance Costs |
Unrestricted Restricted Endownment Total Total funds Funds Funds 2024 2023 £ £ £ £ £ 0 0 0 0 0 0 821 0 821 915 0 0 |
|---|---|
| 0 821 0 821 915 |
|
| Unrestricted Restricted Endownment Total Total funds Funds Funds 2024 2023 £ £ £ £ £ 525 0 0 525 532 0 0 0 0 0 0 0 |
|
| 525 0 0 525 532 |
|
| Unrestricted Restricted Endownment Total Total funds Funds Funds 2024 2023 £ £ £ £ £ 9,710 0 0 9,710 9,366 419 0 0 419 399 39,759 250 0 40,009 73,922 1,575 7,843 0 9,418 9,242 250 38,687 0 38,937 30,917 1,607 8,719 0 10,326 11,261 1,051 206 0 1,257 1,557 0 0 0 0 0 750 0 0 750 575 |
|
| 55,121 55,705 0 110,826 137,239 |
15
TRINITY AHOGHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (continued)
9. OTHER EXPENDITURE
| 9. OTHER EXPENDITURE | |
|---|---|
| Utilities Repairs and Maintenance |
Unrestricted Restricted Endownment Total Total funds Funds Funds 2024 2023 £ £ £ £ £ 12,111 0 0 12,111 10,709 82 7,731 0 7,813 9,824 |
| 12,193 7,731 0 19,924 20,533 |
10. FIXED ASSETS
The congregation owns the Church premises situated at Church Street Ahoghill and the Manse at Galgorm Road, Ahoghill. These together with theassociated fixtures, fittings and equipment have an insurance value of £4,571,653 as at 31st December 2024
11. INVESTMENTS
| General Investment Fund | 2024 2023 £ £ £3,545 3,386 |
|---|---|
| 3,545 3,386 |
16
TRINITY AHOGHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (continued)
12. FUND BALANCES
| Fund Unrestricted Funds General Account Restricted Funds Property Account 567 Crew Sunday School Girls Brigade Youth Club Mission Support Group Trinity Tots Presbyterian Women Proclaim Choir Mission Fund Endownment Funds General Investment Fund Bequest Fund Total |
Balance Receipts Payment Surplus/ Transfer Balance at start (Deficit) at end £ £ £ £ £ £ 91,910 103,072 67,839 35,233 (780) 126,363 0 0 |
|---|---|
| 91,910 103,072 67,839 35,233 (780) 126,363 |
|
| 79,637 18,969 12,630 6,339 0 85,976 752 1,757 2,397 (640) 500 612 66 130 475 (345) 279 0 2,910 6,090 6,242 (152) 244 3,002 2,094 1,494 2,547 (1,053) 127 1,168 2,907 17,445 24,876 (7,431) 10,782 6,258 722 849 815 34 0 756 516 1,402 1,057 345 134 995 137 0 10 (10) (127) 0 0 23,546 12,387 11,159 (11,159) 0 |
|
| 89,741 71,682 63,436 8,246 780 98,767 |
|
| 3,386 160 0 160 0 3,546 11,621 0 0 0 0 11,621 |
|
| 15,007 160 0 160 0 15,167 |
|
| 196,658 174,914 131,275 43,639 0 240,297 |