TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees Annual Report
TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
Trustees Annual Report and Financial Statements for the year ended 31 December 2024
Registered Charity in Northern Ireland (NIC105335)
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TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees Annual Report
TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT
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TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees Annual Report
Statement of Financial Activity (Receipts and Payments Account) As at 31 December 2024
| Note Receipts Donations & Legacies 2 Charitable Activities 3 Other trading income 4 Investment Income 5 Other 6 Total Receipts Payments Raising funds 7 Charitable activities 8 Total payments Net receipts / (payments) Funds brought forward (restated) 10 Net Internal Transfers 10 Funds carried forward 10 |
Unrestricted Restricted Endowment Funds Funds Funds £ £ £ 58,375 32,111 0 0 5,131 0 1,085 1,850 0 305 11 0 75 9,323 0 |
Total Total 2024 2023 £ £ 90,486 92,594 5,131 4,004 2,935 2,735 316 439 9,398 2,176 |
|---|---|---|
| 59,840 48,426 0 |
108,266 101,948 |
|
| 0 0 0 59,934 42,982 30 |
0 426 102,946 118,878 |
|
| 59,934 42,982 30 |
102,946 119,304 |
|
| (95) 5,444 (30) 104,808 (2,532) 15,071 1,115 (1,115) 0 |
5,319 (17,356) 117,347 134,702 (0) 0 |
|
| 105,828 1,797 15,041 |
122,666 117,346 |
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TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
Trustees Annual Report
Statement of Assets and Liabilities
As at 31 December 2024
| Funds Reconciliation Bank & Cash at start of the year Net movement in funds Internal Transfer Bank & Cash at end of year Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts |
Unrestricted Restricted Endowment Total Total Funds Funds Funds 2024 2023 £ £ £ £ £ 104,808 (2,532) 15,071 117,347 134,702 (95) 5,444 (30) 5,319 (17,356) 1,115 (1,115) 0 (0) (1) |
|---|---|
| 105,828 1,797 15,041 122,666 117,345 |
|
| 0 0 15,041 15,041 15,071 105,828 1,797 0 107,625 102,274 |
|
| 105,828 1,797 15,041 122,666 117,345 |
Other Assets
PCI Shares £13.957 691 shares
9,644
Liabilities
0
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TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees Annual Report
1. ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
As the total income of the congregation is less than £250,000 the congregation has 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.
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TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to Accounts
| 2. Donations and Legacies Donations and gifts Gift Aid Bequests / Legacy Total 3. Charitable Activities Income from Charitable activities Fundraising Events Membership fees Grants Total 4. Other trading activities Letting of land & Manse Fees from Graves Total |
Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 £ £ £ £ £ 49,765 26,993 0 76,758 72,552 8,550 2,950 0 11,500 11,862 60 2,168 0 2,228 8,180 |
|---|---|
| 58,375 32,111 0 90,486 92,594 |
|
Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 £ £ £ £ £ 0 1,901 0 1,901 0 0 0 0 0 1,144 0 230 0 230 260 0 3,000 0 3,000 2,600 |
|
| 0 5,131 0 5,131 4,004 |
|
| Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 £ £ £ £ £ 1,085 0 0 1,085 1,735 0 1,850 0 1,850 1,000 |
|
| 1,085 1,850 0 2,935 2,735 |
| 5. Investment Income Deposit interest Gift Aid Interest Total 6. Other Income |
Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 £ £ £ £ £ 161 11 0 172 171 144 0 0 144 269 |
|---|---|
| 305 11 0 316 440 |
|
| Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 |
TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to Accounts
| Wider World NIE wayleave Ramoan Percentage Other Total |
£ £ £ £ £ 0 0 0 0 133 75 0 0 75 68 0 5,220 0 5,220 1,217 0 4103 0 4,103 758 |
|---|---|
| 75 9,323 0 9,398 2,175 |
|
| TOTAL INCOME | 59,839 48,426 0 108,265 101,948 |
| 7. Raising Funds Wider World FWO Envelopes Total 8. Charitable Activities Donations to Ministries & Charities General Assembly Assessments Presbytery Fees Ministry & Support staff costs Congretational Running expenses Total |
Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 £ £ £ £ £ 0 0 0 0 133 0 0 0 0 293 |
| 0 0 0 0 426 Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 £ £ 0 19,372 0 19,372 17,382 40,592 0 0 40,592 27,620 360 0 0 360 343 5,050 0 0 5,050 6,056 13,932 23,610 30 37,572 67,477 |
|
| 59,934 42,982 30 102,946 118,878 |
|
| TOTAL PAYMENTS | 59,934 42,982 30 102,946 119,304 |
9. FIXED ASSETS
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TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to Accounts
The congregation owns the Church premises situated at Moycraig road, Mosside and the associated fixtures, fittings, plant and machinery. The building of Manse has an insurance value of £391,838.39. The Church, including the attached buildings, have insurance of £1,533,952.59 in place and the adjacent Church Hall has an insured value of £747,020.75. The insurance value of the church and church hall includes contents cover.
10. Fund Balances
| Unrestricted Funds General Fund Reserve Total Restricted Funds General fund Property Account Boys Brigade Girls Association Presbyterian Woman Youth Club Youth Fellowship |
Balance at start Receipts Payment Surplus / (Deficit) Transfer In Transfer Out Balance at end £ £ £ £ £ 97,850 59,839 59,901 (62) 1,115 0 98,903 6,957 0 33 (33) 0 0 6,924 |
|---|---|
| 104,807 59,839 59,934 (95) 1,115 0 105,827 |
|
| (37,496) 38,316 18,348 19,969 0 (20,549) (38,076) 15,167 0 18,024 (18,024) 17,444 (515) 14,072 2,381 2,390 1,519 871 0 (200) 3,052 811 1 30 (29) 0 0 782 426 799 786 13 97 0 536 1,712 3,824 2,985 839 3,000 (400) 5,151 295 565 437 128 0 0 423 |
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TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to Accounts
| Committee Discretion Grave Fund Sunday School Total Endowment Funds Bequest Total Total |
10,283 0 30 (30) 0 0 10,253 3,568 1,850 33 1,817 0 0 5,385 319 681 789 (109) 8 0 218 |
|---|---|
| (2,534) 48,426 42,982 5,444 20,549(21,664) 1,795 |
|
| 15,071 0 30 15,041 0 0 15,041 |
|
| 15,071 0 30 15,041 0 0 15,041 |
|
| 117,344 108,265 102,947 20,390 21,664(21,664) 122,662 |
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TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to Accounts
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