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Castlerock Congregation of the Presbyterian Church in Ireland
Financial Statements
Year Ended 31° December 2025
CASTLEROCK CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2025
NIC 105337
| Not oe |
Unrestricted Funds |
Restricted Funds |
Endowment Funds |
Total ora |
2025 | Total 2024 |
||
|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | ||||
| Receipts | ||||||||
| Donations and legacies | 2 | 61,932 | 31,246 | 93,178 | 101,928 | |||
| Charitable activities | 3 | 440 | 3,513 | 3,953 | 5,/87 | |||
| Other trading activities | 4 | 0 | 2,000 | 2,000 | 1,700 | |||
| Investment Income | 5 | 688 | 95 | 783 | 718 | |||
| 63,060 | 36,854 | ¢) | 99,914 | 110,133 | ||||
| Sale of Investments | 0 | |||||||
| Sale offixed assets | 0 | |||||||
| Loans Received | 0 | |||||||
| Total Receipts | 63,060 | 36,854 | ) | 99,914 | 110,133 | |||
| Payments | ||||||||
| Raising funds | 6 | 598 | 0 | 598 | 635 | |||
| Charitable activities | Wy, | 58,917 | 19,428 | 78,346 | 91,511 | |||
| Investment costs | 0 | |||||||
| Other Expenditure | 8 | 0 | 150 | 150 | 0 | |||
| 59,515 | 19,578 | 0 | 79,094 | 92,146 | ||||
| Purchase of Investments | 0 | |||||||
| Purchase offixed assets | 9,769 | 9,769 | 6,263 | |||||
| Loan Repayments | 0 | |||||||
| Total Payments | 59,515 | 29,347 | ¢) | 88,863 | 98,409 | |||
| Net receipts / (payments) | 3,545 | 7,507 | 0 | 11,052 | 11,724 | |||
| Transfers between funds | (2,727) | 2,727 | 0 | ) | ||||
| Net movement in funds | 818 | 10,234 | (0) | 11,052 | 11,724 | |||
| Funds broughtforward | 51,241 | 49,936 | (0) | 101,177 | 89,453 | |||
| Fundscarriedforward | 11 | 52,059 | 60,170 | ¢) | 112,229 | 101,177 |
Page 1
CASTLEROCK CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2025
.
| As at 31 December 2025 | ||||||
|---|---|---|---|---|---|---|
| Unrestricted Funds |
Restricted Funds |
Endowment Funds |
Teal ian |
2035 | Total 2024 |
|
| £ | £ | £ | £ | £ | ||
| Funds Reconciliation | ||||||
| Bank and Cash at start ofyear | 51,241 | 49,936 | 101,177 | 89,453 | ||
| Net movement in funds | 818 | 10,234 | 11,052 | 11,724 | ||
| Bank and Cash at end ofyear | 52,059 | 60,170 | ¢) | 112,229 | 101,177 | |
| Bank & Cash Balances | ||||||
| Bank Accounts | 112,229 | 101,177 | ||||
| Cash in Hand | 0 | 0 | ||||
| 112,229 | 101,177 | |||||
| Fixed Assets— Note 9 | 3,143,687 | 3,067,011 | ||||
| Other Assets | ||||||
| Investments— Note 10 | 20,423 | 21,340 | ||||
| Gift Aid receivable on donations | 12,901 | 12,930 | ||||
| 33,324 | 34,270 |
Approved by the Kirk Session at a meeting on [enter date] and signed on its behalf by
.
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Page 2
CASTLEROCK CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS
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31 December 2025
1. 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 basis, in accordance with the provisions in The Charities (Accounts 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 (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.
| 2. | DONATIONS | AND LEGACIES | AND LEGACIES | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | 2025 | Total | ||
| Funds | Funds | Funds | 2024 | ||||
| £ | £ | £ | £ | £ | |||
| Recorded | giving | 50,190 | 12,118 | 62,308 | 67,589 | ||
| Loose collections | 2,007 | 1,420 | 3,427 | 3,729 | |||
| Donations | and gifts | 100 | 11,630 | 11,730 | 16,816 | ||
| Gift Aid | 9,635 | 6,078 | 15,713 | 13,794 | |||
| 61,932 | 31,246 | 6) | 93,178 | 101,928 |
Page 3
CASTLEROCK CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS
31 December 2025
| 3s | CHARITABLE ACTIVITIES | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted Funds |
Restricted Funds |
Endowment Funds |
Total | 2025 | Total 2024 |
||
| £ | £ | £ | £ | £ | |||
| Income from charitable activities | 440 | 0 | 440 | 405 | |||
| Fees from weddings and funerals | 0 | 0 | 0 | ||||
| Fundraising events | 0 | 3,513 | 3,513 | 5,382 | |||
| 440 | 3,513 | 0 | 3,953 | 5,787 | |||
| 4. | OTHER TRADING ACTIVITIES | ||||||
| Unrestricted Funds |
Restricted Funds |
Endowment— Funds |
— — |
2025 | Total 2024 |
||
| FE | £ | £ | £ | £ | |||
| Trading income | 6) | 2,000 | 2,000 | 1,700 | |||
| 0 | 2,000 | 0 | 2,000 | 1,700 | |||
| 5. | INVESTMENT INCOME | ||||||
| Unrestricted Funds |
Restricted Funds |
Endowment Funds |
Total | 2025 | Total 2024 |
||
| £ | £ | if | £ | £ | |||
| Bank interest | 263 | 0 | 263 | 213 | |||
| General Investment Fund | 425 | 95 | 520 | 505 | |||
| 688 | 95 | O | 783 | 718 |
Page 4
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CASTLEROCK CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont’d)
31 December 2025
| 6. RAISING FUNDS |
|||||
|---|---|---|---|---|---|
| Unrestricted Funds |
Restricted Funds |
Endowment Funds Lai |
sie | Total 2024 |
|
| £ | £, | £ | £ | £ | |
| FWO envelopes | 598 | 0 | 598 | 635 | |
| 598 | 0 | 0 | 598 | 635 | |
| 7. CHARITABLE ACTIVITIES |
|||||
| Unrestricted Funds |
Restricted Funds |
Endowment Funds Tetal |
BAR | Total 2024 |
|
| £ | 32) | E | aa | fe | |
| General Assembly Assessments | 7,870 | 0 | 7,870 | 9,668 | |
| Presbytery fees | a73 | 0 | 373 | 362 | |
| Ministry and support staffcosts | 34,348 | 0 | 34,348 | 30,448 | |
| Premises Costs | 10,415 | 0 | 10,415 | 10,971 | |
| Congregational running expenses | 3,078 | 457 | 3,535 | 2,878 | |
| Repairs and Maintenance | 2,133 | 11,423 | 13,556 | 27,732 | |
| Donations to Missions and charities | 350 | 7,548 | 7,898 | 9,202 | |
| Governance costs | 350 | 0 | 350 | 250 | |
| 58,917 | 19,428 | 0 | 78,346 | 91,511 | |
| 8. OTHER EXPENDITURE |
|||||
| Unrestricted Funds |
Restricted Funds |
Endowment Total Funds |
2025 | Total 2024 |
|
| £ | £ | £ | £ | £ | |
| Other Expenditure | ) | 150 | 150 | 0 | |
| 0 | 150 | 0 | 150 | 0 |
Page 5
CASTLEROCK CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont’d) 31 December 2025
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9. FIXED ASSETS
The congregation owns the Church premises situated at 32 Circular Road, Castlerock, Coleraine BT51 4XA and the Church Manse at 12 Islay Court, Castlerock BT51 4PZ together with the associated fixtures, fittings, plant and machinery. These have an insurance value of:-
| £ | |
|---|---|
| Main Church Building | 1,722,442 |
| West WingAnnex | 779,802 |
| Church Manse | 641,443 |
| 3,143,687 |
- INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation.
| 2,025 | 2,024 | |
|---|---|---|
| Endowment Funds | £ | £ |
| General Investment Fund | 20,423 | 21,340 |
| Other investments | ||
| 20,423 | 21,340 | |
| Fund Summary of Investments | ||
| General Funds | 14,065 | 14,697 |
| Stipend | 1,509 | 1,577 |
| Building Fund | 2,311 | 2,415 |
| Grave Maintenance | 548 | 572 |
| Sunday School | 1,122 | 1,172 |
| United Appeal | 868 | 907 |
| 20,423 | 21,340 |
Page 6
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CASTLEROCK CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont’d)
31 December 2025
11. FUND BALANCES
| Fund | Balance at om |
R | . t eceipts |
P | t aymen |
Surplus / (Deficit) |
T | f ransfer |
Balance at end |
|---|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | £ | ||||
| Unrestricted Funds | |||||||||
| General Fund | 51,241 | 63,060 | 59,515 | 3,545 | (2,727) | 52,059 | |||
| 51,241 | 63,060 | 59,515 | 3,545 | (2,727) | 52,059 | ||||
| Restricted Funds | |||||||||
| Building Fund | 42,636 | 28,169 | 21,286 | 6,883 | 49,519 | ||||
| United Appeal | 0 | 2,831 | 5,558 | (2,727) | 2/27 | 0 | |||
| Coleraine Street Pastors | 0 | 640 | 640 | 0 | 0 | ||||
| PW | 7,300 | 5,214 | 1,863 | 3,351 | 10,651 | ||||
| 49,936 | 36,854 | 29,347 | 7,507 | 2,727 | 60,170 | ||||
| TOTALCASHFUNDS | 101,177 | 99,914 | 88,862 | 11,052 | ) | 112,229 |
Page 7
Independent examiner’s report to the trustees of Castlerock Congregation of The Presbyterian Church in Ireland
I report on the accounts of the Charity for the year ended 31 December 2025, which are set out on pages 1 to 7.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. The charity’s trustees consider that an audit is not required for this year under section 65(2) of the Charities Act (Northern Ireland) 2008 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008
-
for Northern Ireland under section 65(9)(b) of the Charities Act
-
to state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9) (b) of the Charities Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
-
(1) which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 63 of the Charities Act and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act 2008
have not been met or
- (2) to which, in my opinion, further information is required in order to enable a proper understanding of the accounts to be reached.
Olive K Wallace ACMA, CGMA OK Wallace Accountancy and Bookkeeping 101 Coolyvenny Road Coleraine BT51 3SF
18 March 2026