STATEMENT OF FINANCIAL AcfiviTY
for the year ended 31 December 2024
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
136,116
212.439
4,681
11.360
348.485
4,681
11,360
725
222.182
3,610
12,198
571
725
Total
136,841
228,480
365.321
238,561
Expenditure on:
Raising funds
Charitable activities
968
968
931
138,571
206,448
345,019
299,737
Total
139,539
206,448
345,987
300,668
Net gains/(losses) on investments
1,380
1,380
2,431
Net Income / (expenditure)
Transfers between funds
Gains/(losses on revaluation of
fixed assets
12,6981
23,412
20,714
159,6761
Net movement in funds
Reconciliation of funds:
Total funds brought forward
12,6981
23.412
20,714
159.6761
72,805 3,560.814
3633.619 3.693,295
Total funds carried forward
70,107 3,584,226
0 3654,333 3.633.619
141 Page

BALANCE SHEET
As at 31 December 2024
Fixed assets:
Tangible assets
Investments
10
0 3,311,298
0 3,311,298 3,396,709
11
30,673
30,673
29,293
Total fixed asset5
3341,971
3341,971 3426,002
Current assets
Debtors
13
19,407
31.186
50,593
30,783
Cash at bank and in hand
14
51,250
214,210
265,460
179,569
Total current assets
70,657
245.396
315,203
210,352
Liabilities:
Creditors: Amounts falling due
within one year
15
550
3,141
3,691
2,735
Net current assets
70,107
242,255
311,512
207.617
Total assets less current liabilities
70,107 3584,226
3653,483 3633,619
Total net assets
70.107 3584,226
3653,483 3633,619
151Page

BALANCE SHEET
As at 31 December 2024
1113
Funds of the charity
Restricted income funds
16
3584,250
3583,376 3,560,814
Unrestricted funds
16
70,107
70,107
72,805
Total charlty funds
70,107
3584,250
3653,483 3633.619
Approved by the Kirk Session at a meetlng on
and signed on Its behalf by
Scott Woodburn
Dave Mcconkey
Dated
Dated
161 Page

NOTES TO THE ACCOUNTS
31 December 2024
ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
The financial statements have been prepared in accordance with Accounting and Reporting
by Charities: Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with Financial Reporting Standard applicable in the UK and Ireland
(FRS1021 (effective l January 2015).
The financial statements have been prepared under the historical cost convention except for
investment assets, which are shown at market value. The financial statements include all
transactions, assets and liabilities for which the congregation is responsible in law. They do
not include the accounts of church groups that owe their affiliation to another body, nor those
that are informal gatherings of church members.
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 Ib) 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.
171Page

NOTESTO THE ACCOUNTS
31 December 2024
ACCOUNTING POLICIES (convd)
INCOMING RESOURCES
(i) Recognltion of incoming resources
These are included in the Statement of Financial Activities (SOFA) when:
the congregation becomes entitled to the resources;
the trustees are virtually certain they will receive the resources; and
the monetary value can be measured with sufficient reliably.
(li) Incoming resources with related expenditure
Where incoming resources have related expenditure (as with fundraising income) the
incoming resources and related expenditure are reported gross in the SOFA.
(iii) Grants and donations
Grants and donations are only included in the SOFA when the congregation has unconditional
entitlement to the resources.
(Iv) Tax reclaims on donations and gifts
Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to
which they relate.
(v) Contractual income and performance related grants
This is only included in the SOFA once the related goods or services have been delivered.
(vi) Volunteer help
The value of any voluntary help received is not included in the accounts but is described in
the trustees, annual report.
(vii) Investment income
This is included in the accounts when receivable.
(viii) Investment gain5 and1055es
This includes any gain or loss on the sale of investments and any gain or loss resulting from
revaluing investments to market value at the end of the year.
181 Page

NOTESTO THE ACCOUNTS
31 December 2024
ACCOUNTING POLICIES (conyd)
EXPENDITURE AND LIABILITIES
(ix)
Liabillty recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the
congregation to pay out resources.
(x) Governance costs
These are shown within charitable activities and include the costs of preparation and
examination of accounts, the costs of trustee meetings and cost of any legal advice to trustees
on governance or constitutional matters.
{xi) Tangible Fixed Assets
Tangible fixed assets for use by charity are capitalised if they can be used for more than one
year, and cost at least £5,000. They are valued at cost or, if gifted, at the value to the charity
on receipt.
Depreciation is recorded on all tangible fixed assets other than freehold land, at rates
calculated to write of the cost, less estimated residual value, of each asset over its experted
useful life as follows
Buildings:
Fixtures, fittings and equipment
Motor Vehicles
Computers, software and technical equipment
- over 50 years
over 10 years
over 4 years
- over 4 years
191 Page

NOTES TO THE ACCOUNTS
31 December 2024
ACCOUNTING POLICIES (convd)
DONATIONS AND LEGACIES
Recorded giving:
Donations and gifts
Gift Aid
Legacies and bequest
115,225 182,643
20,891 29,796
0 293,659 193,739
50,687 28,443
136,116 212,439
0 344,337 222,182
CHARITABLE ACTIVITIES
Membership fees
Fundraising events
Grants
460
1,200
3,021
460
1,200
3,021
560
1,060
1,990
4,681
4,681
3,610
20IPage

NOTES TO THE ACCOUNTS
31 December 2024
OTHER TRADING AcfiviTIES
1111 _1 31
Letting of premises
11,360
11,360 12,198
11,360
11,360 12,198
INVESTMENTS
General Investment Fund
725
725
571
725
725
571
RAISING FUNDS
IJ li
FWO envelopes
968
968
931
968
968
931
211 Page

NOTES TO THE ACCOUNTS
31 December 2024
CHARITABLE AcfiviTIES
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Congregational running
expenses
Donations to Missions and
charities
Governance costs
11,974
932
104,471
20,486 148,858
11,974 10,711
932
888
0 104,471 95,752
0 169,344 133,803
57,590
57,590 44,455
708
708
1,621
138,571 206,448
0 345,019 287,230
EMPLOYEES
Employment Costs
Wages and Salaries
Social Security Costs
Pension contributions
88,338 80,502
5,175
4,938
10,958 10,312
104,471 95,752
221Page

NOTES TO THE ACCOUNTS
31 December 2024
The average number of employees, including the minister of the congregation, during the
year was
Average number of employees
There were no employees in receipt of employee benefits in excess of £60,000.
PENSION COSTS
The minister of the congregation is a member of the Presbyterian Church in Ireland Pension
Scheme (2009). This is a scheme operated by the Presbyterian Church in Ireland. a separate
registered charity. The congregation pays an assessment to the Presbyterian Church in Ireland
equivalent to the employer's pension contribution for the Scheme and based on the stipend
paid to the minister. The Presbyterian Church in Ireland Pension Scheme (2009) is a funded
Scheme of the defined benefit type, providing defined benefits based on career average
revalued salary. The Scheme has assets held in a separately administered fund managed by a
board of trustees. The Presbyterian Church and the Scheme Trustee5 have agreed a funding
plan to ensure the Scheme is sufficiently funded to meet current and future obligations. A
formal schedule of contributions was drawn up on 25 November 2015 whereby the
Presbyterian Church agreed to pay from 31 December 2015 contributions of 24% of
pensionable salaries to cover the accrual of benefits for future service, expenses, the cost of
insuring death in service benefits and funding the scheme deficit.
The contributions made by the congregation during the year were
Contributions
9,495
9.043
231 Page

NOTES TOTHE ACCOUNTS
31 December 2024
The congregation operates a defined pension contribution polioi for its employees. The
scheme and its assets are held by an independent scheme manager. The pension charge
represents the contributions due from the congregation during the year
2024
2023
Contributions
1,463
1,269
10. TANGIBLE FIXED ASSETS
Cost or valuation
At start of year
Additions
Disposals
3924242 69,329 30,000 4023571
At end of year
3924,242 69,329 30,000 4023571
Depreciation
At start of year
Provision for year
Disposals
549395 47,467
78.485
6,926
30,000 626,862
0 85,411
At end of year
627,880 54,393
30,000 712,273
Net Book Value
At start of year
3374,847 21,862
0 3396,709
At end of year
3296,362 14,936
0 3311,298
241Page

NOTESTO THE ACCOUNTS
31 December 2024
11. INVESTMENTS
2024
2023
General Investment Fund
30,673 29,293
30,673 29,293
12. INVESTMENTS (Cont'd)
2024
2023
Value at start of year
Additions
Disposals
Impairment
Gains / (Losses on revaluation)
29,293 26,862
1,380
2,431
Value at end of year
30,673 29,293
13.
DEBTORS
2024
2023
Gift Aid Recoverable
Prepayments
48,436 28,486
2,157
2,297
50,593 30.783
251Page

NOTES TO THE ACCOUNTS
31 December 2024
14. CASH AT BANK AND IN HAND
2024
2023
Bank current accounts
265,460 179,569
265,460 179,569
15. CREDITORS: amount falllng due within one year
2024
2023
Accruals
3,691
2,735
3,691
2,735
261Page

NOTES TO THE ACCOUNTS
31 December 2024
16. FUND BALANCE5 AND RECONCILIATION OF FUNDS
Fund
Balance
at start
Income
Expend. Gains/
Losses
Transfer Balance
at end
Unrestricted Funds
General Account
72,805 136,841 139,539
70.107
72,805 136,841 139,539
70,107
Restrirted Funds
General Account
Property Account
Graveyard Account
Mission Fund
Eden Group
EWF
GB
Bowling Club
Edengrove Cares
General Investment Fund
18,606
6,116
3448,243
39,584 134,948
37,799
6,839
1,547
6,956 174,292
54,304
1,663
1,663
234
250
10,239
3,442
5,286
1,609
2,495
2,569
29,293
12,490
0 3352,879
43,091
126,944
200
4,124
2,179
1,262
184
10,921
5,856
1,188
30,673
1,380
3560,814 228,480 206,448
1,380
0 3584,226
271P3Ee

NOTES TO THE ACCOUNTS
31 December 2024
17.
RELATED PARTY TRANSACTION
One of the Trustees, the minister of the congregation received remuneration of £39,564 and
expenses of £9,436 for acting in that capacity. Pension contributions of £9,495 were paid by
the congregation in respect of the minister to the Presbyterian Church in Ireland Pension
Scheme {2009). Another of the trustees is employed as a youth worker by the church. The
youth worker received remuneration of £32,845 for acting in the capacity. Pension
contributions of £985 were paid by the congregation and he claimed £2,848 expenses in
connection with his duties. None of the other trustees received any remuneration, but 3
trustees claimed expenses of £526 during the year in connection with their duties.
During the year the congregation contributed the following amounts to Funds of the General
Assembly of the Presbyterian Church in Ireland a separate charity
£11,974 for congregational assessments
£10,704 towards the United Appeal
£1,000 towards Overseas Missions
The congregation contributed £932 towards Presbytery Assessments during the year.
There were no other related party transactions.
281Page