ESKYLANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2024 Charity No. NIC 105310
| Note | Unrestricted Funds |
Restricted Funds |
Endowment Funds |
Total 2024 |
Total 2023 |
|
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | ||
| Receipts | ||||||
| Recorded Givings | 21,989 | 4,625 | 0 | 26,614 | 31354 | |
| Donations and legacies | 2 | 6,158 | 4,568 | 0 | 10,726 | 11653 |
| Charitable activities | 3 | 0 | 0 | 0 | 0 | 0 |
| Other trading activities | 4 | 0 | 675 | 0 | 675 | 625 |
| Investment Income | 5 | 0 | 96 | 0 | 96 | 105 |
| Other | 6 | 66 | 0 | 0 | 66 | 60 |
| 28,213 | 9,964 | 0 | 38,177 | 43796 | ||
| Sale of Investments | 0 | 0 | 0 | 0 | 0 | |
| Sale of fixed assets | 0 | 0 | 0 | 0 | 0 | |
| Loans Received | 0 | 0 | 0 | 0 | 0 | |
| Total Receipts | 28,213 | 9,964 | 0 | 38,177 | 43796 | |
| Payments | ||||||
| Raising funds | 7 | 290 | 145 | 0 | 435 | 440 |
| Charitable activities | 8 | 15,448 | 14,152 | 0 | 29,600 | 50477 |
| Investment costs | ||||||
| Other | 9 | |||||
| 15,738 | 14,297 | 0 | 30,035 | 50917 | ||
| 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 | 15,738 | 14,297 | 0 | 30,035 | 50917 | |
| Net receipts / (payments) | 12475 | -4333 | 0 | 8142 | -7121 | |
| Transfers between funds | -5198 | 5198 | 0 | 0 | 0 | |
| Net movement in funds | 7277 | 865 | 0 | 8142 | -7121 | |
| Funds brought forward | 21597 | 6877 | 0 | 28474 | 35595 | |
| Funds carried forward | 12 | 28874 | 7742 | 0 | 36616 | 28474 |
ESKYLANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Charity No. NIC 105310
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 & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand Other Assets Fixed Assets – Note 10 Investments – Note 11 |
Unrestricted Funds Restricted Funds Endowment Funds Total Funds 2024 Total Funds 2023 £ £ £ £ £ 21,597 6,877 0 28,474 35,595 7,277 865 0 8,142 -7,122 |
|---|---|
| 28,874 7,742 0 36,616 28,474 |
|
| 0 0 0 0 0 28,874 7,742 0 36,616 28,474 0 0 0 0 0 |
|
| 28,874 7,742 0 36,616 28,474 |
|
| 888,224 845,928 0 0 |
Approved by the Kirk Session at a meeting on 11th February 2025 and signed on its behalf by:
Samuel McKee
Francis Coulter
18th February 2025
18th February 2025
Charity No. NIC 105310
ESKYLANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31st 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 receipt and payment 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 on 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 doner and (b) revenue donations or grants for a specific congregational activity intended by the doner. 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
| Recorded giving Loose collections Donations and gifts Gift aid Legacies and bequests |
Unrestricted funds Restricted funds Endowment funds Total 2024 Total 2023 £ £ £ £ £ 21,989 4,625 0 26,614 31,354 1,537 845 0 2,382 3,860 0 2,285 0 2,285 1,720 4,622 1,438 0 6,059 6,073 0 0 0 0 0 |
|---|---|
| 28,147 9,193 0 37,340 43,007 |
ESKYLANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31st December 2024
Charity No. NIC 105310
3 CHARITABLE ACTIVITIES
| Income from charitable activities Church Publications Fees from weddings and funerals Grants |
Unrestricted funds Restricted funds Endowment funds Total 2024 Total 2023 £ £ £ £ £ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
|---|---|
| 0 0 0 0 0 |
4 OTHER TRADING ACTIVITIES
| Membership Fees Income from Church Fundraising Letting income from Church premises |
Unrestricted funds Restricted funds Endowment funds Total 2024 Total 2023 £ £ £ £ £ 0 0 0 0 0 0 675 0 675 625 0 0 0 0 0 |
|---|---|
| 0 675 0 675 625 |
5 INVESTMENT INCOME
| Bank Interest General investment Fund Rents investment properties Other investment income |
Unrestricted funds Restricted funds Endowment funds Total 2024 Total 2023 £ £ £ £ £ 0 96 0 96 105 0 0 0 0 |
|---|---|
| 0 96 0 96 105 |
ESKYLANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS
31st December 2024
Charity No. NIC 105310
6 OTHER INCOME
| Insurance claims Miscellaneous income |
Unrestricted funds Restricted funds Endowment funds Total 2024 Total 2023 £ £ £ £ £ 0 0 0 0 0 66 0 0 66 60 |
|---|---|
| 66 0 0 66 60 |
7 RAISING FUNDS
| Church envelopes Fund raising events (Harvest Supper Expenses) |
Unrestricted funds Restricted funds Endowment funds Total 2024 Total 2023 £ £ £ £ £ 290 30 0 320 310 0 115 0 115 130 |
|---|---|
| 290 145 0 435 440 |
8 CHARITABLE ACTIVITIES
| General Assembly Assessments Presbytery Fees Ministry and support staff costs Congregational running expenses Donations to Missions & Charities Governance costs |
Unrestricted funds Restricted funds Endowment funds Total 2024 Total 2023 £ £ £ £ £ 2,550 0 0 2,550 4,808 135 0 0 135 129 6,746 0 0 6,746 15,541 6,017 647 0 6,664 6,436 0 13,505 0 13,505 23,563 0 0 0 0 0 |
|---|---|
| 15,448 14,152 0 29,600 50,477 |
ESKYLANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31st December 2024
Charity No. NIC 105310
9 OTHER EXPENDITURE
----- Start of picture text -----
Unrestricted Restricted Endowment
funds funds funds Total 2024 Total 2023
£ £ £ £ £
Investment properties expenses 0 0 0 0 0
0 0 0 0 0
----- End of picture text -----
10 FIXED ASSETS
Total 2024 Total 2023 £ £ The Congregation owns the Church premises situated at Steeple Road, Antrim,BT41 2LW and the associated fixtures,fittings,plant and machinery. These have an insurance value of : 888,224 845,928
11 INVESTMENTS
0
0
ESKYLANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS
31st December 2024
Charity No. NIC 105310
12 FUND BALANCES
| Unrestricted Funds General Account Restricted Funds General Account Property P.W. Christian Endeavour |
Balance at start Receipts Payments Surplis/ (Deficit) Transfer Balance at end £ £ £ £ £ £ 21,597 28,213 15,738 12,475 -5,198 28,874 |
|---|---|
| 21,597 28,213 15,738 12,475 -5,198 28,874 |
|
| 0 6,157 11,355 -5,198 5,198 0 6,231 1,639 334 1,305 0 7,537 207 1,907 1,926 -19 0 188 439 260 682 -422 0 17 |
|
| 6,877 9,964 14,297 -4,333 5,198 7,742 |
Endowment Funds
TOTAL FUNDS
| 0 | 0 | 0 | 0 | 0 | |
|---|---|---|---|---|---|
| 28,474 | 38,177 | 30,035 | 8,142 | 0 | 36,616 |
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