an
Ballycastle
Congregation
of the
Presbyterian Church in Ireland
Financial Statements
Year Ended
31 December 2024
st

BALLYCASTLE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)
for the year ended 31 December 2024
NIC 105313
Note
Unrestrlrted Restrlrted
Funds
Fund5
Endowment
Funds
Total 2024
Total
2023
Re￿Ipts
Donations and legacies
Charitable activities
Other trading activities
Investment Income
Other Income
57,157
1,300
16,176
2,177
1,588
24,427
81,584
1,300
19,196
3,316
1,588
87,748
216
15,772
2,997
2,373
3,020
1,138
Sub Total
78,398
28,585
106,983
109,106
Sale of Investments
Sale of fixed assets
Loans Received
Total Receipts
78,398
28,585
106,983
109,106
Payments
Raising funds
Charitable activities
Investment costs
Other Expenditure
434
46,707
434
83,092
435
70,490
36,386
613
1,519
2,132
583
SubTotal
47,753
37,905
85,658
71,508
Purchase of Investments
Purchase of fixed assets
Loan Repayments
Total Payments
47,753
37,905
85,658
71,508
Net receipts / {paymentsl
Transfers between funds
30,645
{35)
19,3201
35
21.325
37,598
Net movement in funds
Funds brought forward
30,610
40,537
(9,285)
49,967
21,325
90.504
37,598
52,906
Funds carried forward
12
71,147
40,682
111,829
90,504
Page I

BALLYCASTLE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2024
Unrostrltted
Funds
Restrlctéd
Funds
Endowment
Fund5
Total
2023
Total
2024
Funds Reconciliation
Bank and Cash at start of year
Net movement in fund5
40.537
30,610
49,967
(9,2851
90,504
21,325
52,906
37,598
Bank and Cash at end of year
71,147
40,682
111,829
90,504
Bank & Cash Balances
Bank Deposit Account5
Bank Current Accounts
22,895
88,934
37,800
52,704
111,829
90.504
Fixed Assets - Note 10
4,338,265 4,131,683
Other Assets
Investments- Note 11
Gift Aid receivable on donations
Craigmore 2024 Shared Expenses
102,185
10,700
2,807
98,143
10,000
115,692
108,143
Liabillties
Congregatlonal Assessment QI deferred
1,353
1,353
Approved by the Kirk Session at a meeting on ij A Jifand signed on its behalf by
NAME
NAME
Date
Date
Page 2

BALLYCASTLE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
Y/E 31 De￿mber 2024
I. ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
As the total income of the congregation is less than £250,000 the congregation have elected
to prepare its accounts on a receipts and payments basi5, in accordance with the provisions
in The Charities IAccounts and Reports) Regulations (Northern Ireland) 2015.
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 (bl revenue donations or grants for a specific
congregational activity intended by the donor. Where these fund5 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.
DONATIONS AND LEGACIES
Unrestricted Restrlcted
Funds
Funds
Endowment
Funds
Total
Z024
Total
2023
Recorded giving
Loose collection5
Donations and gifts
GiftAid
Legacies and bequest
42,996
3,090
2,650
8,421
14,047
4,457
1,357
3,401
1,165
57,043
7,548
4,007
11,821
1.165
56,622
6,349
5,576
12,701
6,500
57,157
24,427
81,584
87,748
Page 3

BALLYCASTLE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
YIE 31 December 2024
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total 2024
Totsl
2023
Income from charitable activities
Fees from weddings and funerals
Fundraising events
Membership fees
Grants
1,300
1,300
216
1,300
1,300
216
OTHER TRADING AcfiviTIES
Unrestrlcted
Funds
Restrlcted Endowment
Funds
Funds
Totsl
2023
Total 2024
Letting of premises
Trading income
16,176
1,300
1,720
17,476
1,720
14,072
1,700
16,176
3,020
19,196
15,772
INVESTMENT INCOME
Unrestricted
Funds
Restricted Endowment
Fund5
Funds
Total
2024
Total
2023
Deposit interest
General Investment Fund
Other investment income
425
141
682
315
566
682
2,067
393
538
2,066
1,752
2,177
1,138
3,316
2,997
Page 4

BALLYCASTLE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {conVd}
Y/E 31 December 2024
OTHER INCOME
Unrestrlcted
Funds
Restrlcted Endowment
Funds
Funds
Total
2023
Total 2024
Shared Ministerizl Expenses
Miscellaneous income
1,588
1,588
2,176
197
1,588
1,588
2,373
RAISING FUNDS
Unrestrirted
Funds
Restricted Endowment
Funds
Funds
Total 2024
Totsl
2023
FWO envelopes
434
434
435
434
434
435
CHARITABLE AcrivrriES
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total 2024
Total
2023
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Premises Costs
Congregational running expenses
Repairs and Maintenance
Donations to Missions and charities
Governance costs
7,772
452
18,032
11,891
3,567
4,062
400
530
7,772
452
18,032
11,891
4,733
31,259
8,423
530
6,238
452
22,164
13,894
3,725
11,186
12,531
300
1,166
27,197
8,023
46,707
36,386
83,092
70,490
Page 5

BALLYCASTLE CONGREGATION OF THE PRE5BYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {cont'd}
Y/E 31 December 2024
OTHER EXPENDITURE
Unrestrlrted Restrlcted Endowrnen
Funds
Fund5
t Funds
Totsl
2024
Totsl
2023
Croaghmore Shared Maintenance
2023 Adj
Investment Property Expenses
1,519
1,519
613
613
583
613
1,519
2,132
583
io.
FIXED ASSETS
The congregation owns the Church premises situated at I Castle Street, Ballycastle BT54 6BH
manse for the minister, a property for the Sexton and the associated fixtures, and equipment.
These have an insurance value of:
Church / Minor Hall
Church Hall
Manse
Sexton's House
3,095,251
679,101
366,362
197,551
4,338,265
ii.
INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation.
2024
2023
Dfc NICIFC- Route Presbytery
Dfc NICIFC- M McDowell
PCI General Investment Fund -miss AK Megaw
62,511 59,532
11,138
10,771
28,537 27,840
102,185
98,143
Page 6

BALLYCASTLE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
YIE 31 December 2024
12.
FUND BAiANCES
Fund
Balance at
start
Recelpts Payment
Surplus /
IDeficit)
Balance at
end
Transfer
Unrestrlcted Funds
General Fund
40,537
78,398
47,753
30,645
(351
71,147
40,537
78,398
47,753
30,645
135)
71,147
Restricted Funds
AK Megaw Bequestfor Mi55ion5
Property Fund
United Appeal
World Development Appeal
Stand By Me
Presbyterian Children's Society
Tearfund
Christian Aid
Scripture Union
Royal British Legion
Graveyard Fund
Presbyterian Women
Bowling Club
Youth & Children's Fund
682
14,384
5,119
832
1,490
817
792
25
766
285
2,035
1,357
682
111,046)
23
682
24,016
23
35,062
25,430
S,096
832
1,490
19
792
1,490
19
792
798
25
766
320
3,286
1,344
{35)
(1,251)
13
(81
35
12,436
1,441
996
32
11,185
1,454
988
33
49,967
28,585
37,905
(9,320)
35
40,682
TOTAL CASH FUNDS
90,504
106,983
85,658
21,325
111,829
Page 7