**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)** 1 **TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees Annual Report** ## **TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT** 2 **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| 3 **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 4 **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. 5 ## **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** 7 **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| 8 ## **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**| 9 **TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to Accounts** 10