# **BALLYGOMARTIN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND** # **Statement of Financial Activity (Receipts and Payments Account) for the year ended 31 December 2024** **Registered Charity in Northern Ireland (NIC105294)** 1 ## **BALLYGOMARTIN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2024** **----- Start of picture text -----**
Unrestricted Restricted Endowment
Note Total 2024 Total 2023
Funds Funds Funds
Receipts £ £ £ £ £
Donations and legacies 2 55433 1843 0 57276 59807
Charitable activities 3 0 0 0 0 0
Other trading activities 4 0 0 0 0 0
Investment Income 5 3784 0 0 3784 1785
Other 6 0 372 0 372 0
Organisations 0 15936 0 15936 16570
59217 18151 0 77368 78162
Sale of Investments 0 0 0 0 0
Loans Received 0 0 0 0 0
Total Receipts 59217 18151 0 77368 78162
Payments
Raising funds 7 300 0 0 300 280
Charitable activities 8 57114 14302 0 71416 148355
Other 9 0 282 0 282 0
Organisations 0 12375 0 12375 12224
57414 26959 0 84373 160859
Purchase of Investments 0 0 0 0 0
Purchase of fixed assets 0 0 0 0 0
Loan Repayments 0 0 0 0 0
Total Payments 57414 26959 0 84373 160859
Net receipts / (payments) 1803 -8808 0 -7005 -82697
Transfers between funds -8850 8850 0 0 0
Net movement in funds -7047 42 0 -7005 -82697
Funds brought forward 167048 9448 0 176496 259193
Funds carried forward 12 160001 9490 0 169491 176496
**----- End of picture text -----**
2 ## **BALLYGOMARTIN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2024** **----- Start of picture text -----**
Assets & Liabilities Unrestricted Restricted Endowment Total Funds Total Funds
Funds Funds Funds 2024 2023
Funds Reconciliation £ £ £ £ £
Bank and Cash at start of year 167048 9448 0 176496 259193
Net movement in funds -7047 42 0 -7005 -82697
Bank and Cash at end of year 160001 9490 0 169491 176496
Bank & Cash Balances
Bank Deposit Accounts 135000 85000
Bank Current + Business Reserve Accs 25101 82048
Cash in Hand 105 115
Bank Current A/C's - Organisations 8889 8993
Cash in Hand - Organisations 396 340
169491 176496
Other Assets
Fixed Assets (using insurance values)
Church Premises 1661168 1608101
Manse Premises 371896 360015
Fixtures, Fittings & Equipment
0 0
(included above)
Vehicles None 0 0
Investments None 0 0
Gift Aid receivable on donations 8660 8830
2211215 2153442
Liabilities
Loans 0 0
Other 0 0
0 0
**----- End of picture text -----**
Approved by the Kirk Session at a meeting on 6[th] MARCH 2025 and signed on its behalf by [Name] WESLEY MCCREEDY [Date] 06 March 2025 [Name] RAYMOND CUMMINS [Date] 06 March 2025 3 ## **BALLYGOMARTIN 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** 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. 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 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** **----- Start of picture text -----**
2. Donations Unrestricted Restricted Endowment
Total 2024 Total 2023
& Legacies Funds Funds Funds
£ £ £ £ £
Recorded givings 41403 1843 0 43246 44782
Loose collections 3787 0 0 3787 3430
Donations and gifts 1615 0 0 1615 2892
Gift Aid 8628 0 0 8628 8703
Legacies and bequest 0 0 0 0 0
55433 1843 0 57276 59807
**----- End of picture text -----**
4 ## **BALLYGOMARTIN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont’d) 31 December 2024** ## **3. CHARITABLE ACTIVITIES** **----- Start of picture text -----**
Unrestricted Restricted Endowment
3. Charitable Activities Total 2024 Total 2023
Funds Funds Funds
£ £ £ £ £
Income from charitable activities 0 0 0 0 0
Fees from weddings and funerals 0 0 0 0 0
Fundraising events 0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
**----- End of picture text -----**
## **4. OTHER TRADING ACTIVITIES** **----- Start of picture text -----**
Unrestricted Restricted Endowment
4. Other Trading Activities Total 2024 Total 2023
Funds Funds Funds
£ £ £ £ £
Letting of premises 0 0 0 0 0
Trading income 0 0 0 0 0
0 0 0 0 0
**----- End of picture text -----**
## **5. INVESTMENT INCOME** |**5. Investment Income**||**Unrestricted**
**Funds**|
**Restricted**
**Funds**|**Endowment**
**Funds**|
**Total 2024**|**Total 2023**| |---|---|---|---|---|---|---| |||**£**|**£**|**£**|**£**|**£**| |Interest - Ulster Bank||849|0|0|849|1785| |General Investment Fund||0|0|0|0|0| |Rents investmentproperties||0|0|0|0|0| |Interest Progressive BuildingSociety||2935|0|0|2935|0| |||||||| |||3784|0|0|3784|1785| 5 ## **BALLYGOMARTIN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont’d)** ## **31 December 2024** ## **6. OTHER INCOME** **----- Start of picture text -----**
Unrestricted Restricted Endowment
6. Other Income Total 2024 Total 2023
Funds Funds Funds
£ £ £ £ £
Flower Fund 0 60 0 60 0
Publications 0 312 0 312 0
0 372 0 372 0
**----- End of picture text -----**
## **7. RAISING FUNDS** **----- Start of picture text -----**
Unrestricted Restricted Endowment
7. Raising Funds Total 2024 Total 2023
Funds Funds Funds
£ £ £ £ £
FWO envelopes 300 0 0 300 280
Fundraising events 0 0 0 0 0
300 0 0 300 280
**----- End of picture text -----**
## **8. CHARITABLE ACTIVITIES** |**8. Charitable Activities**|||**Unrestricted**
**Funds**|
**Restricted**
**Funds**|**Endowment**
**Funds**|
**Total 2024**|**Total 2023**| |---|---|---|---|---|---|---|---| ||||**£**|**£**|**£**|**£**|**£**| |General AssemblyAssessments|||10820|0|0|10820|10787| |Presbyteryfees|||562|0|0|562|456| |Ministryand support staff costs|||36765|0|0|36765|34979| |Congregational runningexpenses|||8485|7225|0|15710|15247| |Church HeatingProject|||0|0|0|0|77529| |Donations to Missions and charities|||0|7077|0|7077|9357| |Governance costs|||482|0|0|482|0| ||||||||0| ||||57114|14302|0|71416|148355| 6 ## **BALLYGOMARTIN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont’d)** ## **31 December 2024** ## **9. OTHER EXPENDITURE** **----- Start of picture text -----**
Unrestricted Restricted Endowment
9. Other Expenditure Total 2024 Total 2023
Funds Funds Funds
£ £ £ £ £
Flower Fund 0 70 0 70 0
Publications 0 212 0 212 0
0 282 0 282 0
**----- End of picture text -----**
## **10. FIXED ASSETS** The congregation owns: - the Church premises situated at 132-140 Ballygomartin Road, BELFAST BT13 3NA and the associated fixtures, fittings, plant and machinery. These have an insurance value of £1,661,168 - a Manse at 14 Lyndhurst View Avenue, BELFAST BT13 3XB (for the minister) and associated fixtures, fittings and equipment: these have an insurance value of £371,896 ## **11. INVESTMENTS** The congregation has the following investments. Amounts are shown at market valuation. |**11. Investments**||**2024**|**2023**| |---|---|---|---| |||**£**|**£**| |General Investment Fund||0|0| |Property||0|0| |Other investments||0|0| |||0|0| 7 ## **BALLYGOMARTIN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont’d)** ## **31 December 2024** ## **12. FUND BALANCES** **----- Start of picture text -----**
Balance at Surplus / Balance at
12. Fund Balances Receipts Payments Transfer
Start (Deficit) End
£ £ £ £ £ £
Unrestricted Funds
General Fund 167048 59217 57414 1803 -8850 160001
167048 59217 57414 1803 -8850 160001
Restricted Funds
Maintenance of Property 0 0 7225 -7225 7225 0
United Appeal 0 1473 4791 -3318 3318 0
Other Missions & Charities Fund 0 370 2286 -1916 1916 0
Wider World/Herald Publications 0 312 212 100 0 100
Flower Fund 115 60 70 -10 0 105
Organisations 9333 15936 12375 3561 -3609 9285
TOTAL FUNDS 9448 18151 26959 -8808 8850 9490
Endowment Funds
None 0 0 0 0 0 0
TOTAL FUNDS 176496 77368 84373 -7005 0 169491
Valuation Revaluation
at Start Increase
General Investment Fund 0 0
0 0
**----- End of picture text -----**
|||**Valuation**
**at Start**|||**Revaluation**
**Increase**||**Valuation at**
**End**| |---|---|---|---|---|---|---|---| |**General Investment Fund**||0|||0||0| |||0|||0||0| 8