Presbyter
an
BALLYWEANEY 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
No L05341

an
BALLYWEANEY CONGREGATIO
OF THE PRESBYfERIAN CHURCH I
IRELAND
STATEMENT OF ASSETS AND LIABILITIES
AS AT 31 DECEMBER 2024
vNRE￿RI￿ED
RESTRICTED
ENDOWMENT
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
2024
2023
Funds Reconciliation
Bank & cash at start of year
Net movement in fund5
Bank & cash at end of year
246,635
8,716
255,351
9,213
(683)
8,530
255,848
8,033
263,881
242,937
12,911
255,848
Bank & cash balances
Bank dep051t accounts
Cash in hand
27,411
35,206
27,411
35,206
other assets
Fixed assets - note 10
Investments - note 11
236,468
236,468
220,642
220,642
Liabilitie5
Loans (interest free)
263,879
255,848
Approved by the Kirk Session at a meeting on.....
£S..and signed on its behalf by

an
BALLYWEANEY CONGREGATION OF TrIE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACTIVITY (RECEIPTS AND PAYMENTS ACCOUNT)
FOR YEAR ENDED 31 DECEMBER 2024
NOTE UNRESTRIcfED
RESTRicfED
ENDOWMENT
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
2024
2023
Receipts
Donations & legacie5
Charitable attivities
other trading activities
Investment income
other income
88,408
2,110
3,942
70
600
95,130
20,805
17,015
109,213
19,125
3,942
70
10,580
142,930
120,346
26,598
14,018
77
9,511
170,550
9,980
47,800
Sale of investments
Sale of fixed assets
Loans received
Total receipts
95,130
47,800
142,930
170,550
Payments
Raising funds
Charitable activities
Investment cost
Organisational expenditu
454
95,255
454
140, 101
452
158,450
44,846
10,168
55,014
10,168
150,723
10,631
169,533
95,709
Purchase of investments
Purchase of fixed assets
Loan repayments
Total payments
95,709
55,014
150,723
169,533
Net receiptsl(payments)
Gain on investments
Transfers between funds
Net movement in funds
Funds brought forward
Funds carried forward
(579)
15,826
(6,531)
8,716
246,635
255,351
(7,214)
(7,793)
15,826
1,017
11,894
6,531
(683)
9,213
8,530
8,033
255,848
263,881
12,911
242,937
255,848

an
BALLYWEANEY CONGREGATION OF THE PRESBYTERIAN CH
RCH IN IRELAND
NOTES TO THE ACCOUNTS
31 DECEMBER 2024
ACCOUNTING POLICIES
BASIS OF FINANCIAL
EN
As the total income of the congregation is le55 than £250,000 the congregation have eletted in
accordance with the provision in The Charities (Accounts and Reports Regulations (Northern
Ireland) 2015 to prepare its accounts on a re￿Ipts and payments basis.
FUND AC
OUNTING
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
artivity intended by the donor. Where these funds have unspent balan￿s, interest on their pooled
investment is apportioned to the individual funds on an average balan￿ basis.
Unrestricted funds are income funds which are to be spent on the congregation's general purposes.
Designated funds are general fund5 set aside by the congregation for use in the future.
DONATIONS & LEGACIES
UNRESTRICTED
RE￿R[￿ED
ENDOWMENT
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
2024
2023
Recorded giving:
Loose collections
Donations and gifts
Gift Aid
Legacies & bequests
73,952
989
15,804
89,756
989
96,923
1,429
12,690
777
88,408
5,001
17,691
777
109,213
21,217
777
120,346
20,805

an
BALLYWEANEY CONGREGATION O
THEP
ESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 DECEMBER 2024
CHARITABLE ACTIVITIES
UNRESTRICTED
RESTRI￿ED
ENDOWMENT
TOTAL
TOTAL
FUNDS
FVNDS
FUNDS
2024
2023
Income from charitable
activities
Fees from weddings &
funerals
Fundraising events
Membership fees
Grants (VAT reclaimed)
13,433
13,433
13,596
650
1,460
650
5,042
810
12,192
3,582
2,110
17,015
19,125
26,598
OTHER TRADING ACTIVITIES
uNRE5TRI￿ED
REsfRICTED
ENDOWMENT
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
2024
2023
Letting of premises
Trading income
3,942
3,942
14,018
3,942
3,942
14,018
INVESTMENT INCOME
UNRESTRIcfED
REsfRIcfED
ENDOWMENT
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
2024
2023
Deposit interest
General investment fund
Rents investment
propertie5
Other investment
income
70
70
77
70
70
77
OTHER INCOME
UNRESTRICTED
REsfRicfED
ENDOWMENT
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
2024
2023
Organisational funds
Other income
9,980
9,980
600
10,580
9,251
260
9,511
600
600
9,980

an
BALLYWEANEY CONGREGATION OF Tr4E pRE5B￿E
IAN
RCH IN IRELAND
NOTES TO THE ACCOUNTS
31 DECEMBER 2024
RAISING FUNDS
UNRESTRICTED
RESTRICTED
ENDOWMENT
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
2024
2023
FWO envelopes
Fundraising events
454
454
452
454
454
452
CHARITABLE ACTIVITIES
UNREsfRICTED
RESTRicfED
ENDOWMENT
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
2024
2023
General Assembly
Assessments
Presbytery fees
Ministry & support
staff costs
Congregational running
expenses
Donations to missions
& charities
Governance costs
17,486
621
17,486
621
16,742
591
49,325
49,325
57,373
27,823
23,399
51,222
64,046
21,H7
21,447
19,698
95,255
44,846
140,101
158,450
OTHER EXPENDITURE
UNREsfRICTED
RE5TRIcfED
ENDOWMENT
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
2024
2023
0rgani5ational
expenditure
10,168
10,168
10,168
10,168
10,631
10,631

Presbyter
an
BALLYWEANEY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRE
ND
NOTES TO THE ACCOUNTS
31 DECEMBER 2024
io
FIXED ASSETS
The congregation owns the church building together with the church halls and bungalow situated at
130 Ballveely Road, Cloughmills, Ballymena, BT44 9NW and the associated fixtures & fittings. These
have a combined insurance value of £ 2,402,604. The Congregation also own the Manse sltuated
at 29 Mounthamilton Road, Cloughmills, Ballymena which as an insurance value of £419,275.
11
INVESTMENTS
The congregation has the following investments. Amounts are shown at
market valuation:
2024
2023
Northern Ireland Central Investment
Fund for Charities and Quilter Investment Account
236,468
236,468
220,642
220,642

an
BALLYWEANEY CONGREGATI
N OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 DECEMBER 2024
12
FUND BALANCES
BALANCE RECEIPTS PAYMENTS TRANSFER SURPLUSI
GAINSI
AT sfART
INI(OUT) (DEFICIT) (LOSSES)
BALANCE
UNRESTRICTED FUNDS
General fund
Investment fund
27,146
220,642
247,788
94,635
95,710 (6,531) (7,606)
19,540
236,468
256,008
15,826
95,710 (6,531) {7,606) 15,826
94,635
RESTRICTED FUNDS
Property fund
Missions & charities
Boy5 brigade
Charity account
Midweek fellowship
Girls brigade
Youth club
Youth club camp
C D Ministry
pw
20,768
17,548
23,399
21,448
2,631
3,900
252
252
365
1,019
1,299
4,340
254
113
415
8,059
715
1,155
5,007
666
965
5,181
49
190
(174)
(4)
(8)
414
1,209
1,125
4,336
246
113
174
7,871
60
3,039
48,296
60
3,280
55,015
(241)
(188)
6,531
ENDOWNMENT FUNDS
TOTAL
255,847 142,931 150,725
(7,794) 15,826
263,879