**GRANGE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2024** |**Note**
**Receipts**
Donations and legacies
2
Charitable activities
3
Other trading activities
4
Investment Income
5
Other
6
Sale of Investments
Sale of Fixed Assets
Loans Received
**Total Receipts**
**Payments**
Raising funds
7
Charitable actvities
8
Investment costs
Other
9
Purchase of Investments
Purchase of Fixed Assets
Loan Repayments
**Total Payments**
Net receipts/(payments)
Transfers between funds
Net movement in funds
Funds Brought Forward
Funds Carried Forward
12|**Unrestricted**
**Restricted**
**Endownment**
**Total**
**Total**
**funds**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
**£**
68705
19063
0
87768
85215
0
472
0
472
1653
8882
0
0
8882
9582
2641
14
0
2655
491
23
0
0
23
21| |---|---| ||80251
19549
0
99800
96962
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0| ||80251
19549
0
99800
96962| ||415
0
0
415
396
48610
18002
0
66612
75639
0
0
0
0
0
0
0
0
0
0| ||49025
18002
0
67027
76035
0
0
0
0
35000
28038
0
0
28038
0
0
0
0
0
0| ||77063
18002
0
95065
111035| ||3188
1547
0
4735
-14073
-270
270
0
0
0
2918
1817
0
4735
-14073
134062
20280
4582
158924
172997| ||136980
22097
4582
163659
158924| ## **GRANGE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2024** |**Funds Reconciliation**
Bank and Cash at start of Year
Net Movement in funds
Bank and Cash at end of Year
**Bank and Cash Balances**
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
**Other Assets**
Fixed Assets - Note 10
- Church Premises
- Fixtures, Fittings & Equipment
- Vehicles
Investments - Note 11
Gift Aid Receivable on donations
**Liabilities**
Loans
Others|**Unrestricted**
**Restricted**
**Endownment**
**Total**
**Total**
**funds**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
**£**
134062
20280
4582
158924
172997
2918
1817
0
4735
-14073|**Unrestricted**
**Restricted**
**Endownment**
**Total**
**Total**
**funds**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
**£**
134062
20280
4582
158924
172997
2918
1817
0
4735
-14073| |---|---|---| ||136980
22097
4582
163659
158924|| |||42080
40000
121304
118754
275
170| |||163659
158924| |||0
0
3578758
3419364
0
0
0
0
39469
36732
0
0| |||3618227
3456096| |||0
0
0
0| |||0
0| Approved by the Kirk Session at a meeting on 21st October and signed on its behalf by Name Rev Andrew Frazer Name Mr Jamie Harris Date 21.10.2025 Date 21.10.2025 **GRANGE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **1. ACCOUNTING POLICIES** ## **BASIS OF FINANCIAL STATEMENTS** As the total income of the congregation is less than £250,000 the congregation have 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** Endownment funds are funds the capital of which must be retained either permanently or at the congregation's discretion; the income derived from the endownment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endownment was established in the first place. Restricted funds comprise (a) income from endownments 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 unspend balances, interest on their pooled investment is apportioned to the 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** |Recorded Giving
Loose Collections
Donations and Gifts
Gift Aid
Legacies and Bequest
**3. CHARITABLE ACTIVITIES**
Income from charitable activities
Fees from wedding and Funerals
Fundraising events
Membership Fees
Grants|**Unrestricted**
**Restricted**
**Endownment**
**Total**
**Total**
**funds**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
**£**
53641
13515
0
67156
65408
2088
2679
0
4767
3039
523
210
0
733
1511
12453
2659
0
15112
14757
0
0
0
0
500| |---|---| ||68705
19063
0
87768
85215| ||**Unrestricted**
**Restricted**
**Endownment**
**Total**
**Total**
**funds**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
**£**
0
28
0
28
130
0
380
0
380
1440
0
0
0
0
0
0
64
0
64
83
0
0
0
0
0| ||0
472
0
472
1653| ## **GRANGE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (continued)** ## **4. OTHER TRADING ACTIVITIES** |Letting of premises
Trading Income
**5. INVESTMENT INCOME**
Deposit Interest
General Investment Fund
Rents Investment properties
Other investment income
**6. OTHER INCOME**
Insurance claims
Other Income
**7. RAISING FUNDS**
Cost of FWO Envelopes
Fundraising Events|**Unrestricted**
**Restricted**
**Endownment**
**Total**
**Total**
**funds**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
**£**
8882
0
0
8882
9434
0
0
0
0
148| |---|---| ||8882
0
0
8882
9582| ||**Unrestricted**
**Restricted**
**Endownment**
**Total**
**Total**
**funds**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
**£**
2598
14
0
2612
457
43
0
0
43
34
0
0
0
0
0
0
0
0
0
0| ||2641
14
0
2655
491| ||**Unrestricted**
**Restricted**
**Endownment**
**Total**
**Total**
**funds**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
**£**
0
0
0
0
0
23
0
0
23
21
0
0
0
0
0| ||23
0
0
23
21| ||**Unrestricted**
**Restricted**
**Endownment**
**Total**
**Total**
**funds**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
**£**
415
0
0
415
396
0
0
0
0
0
0
0
0
0
0| ||415
0
0
415
396| ## **GRANGE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (continued)** ## **8. CHARITABLE ACTIVITIES** |General Assembly Assessments
Presbytery Fees
Ministry and Support Staff Costs
Congregational running Expenses
Donations to Missions and Charities
Governance Costs
**9. OTHER EXPENDITURE**|**Unrestricted**
**Restricted**
**Endownment**
**Total**
**Total**
**funds**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
**£**
6434
0
0
6434
5463
292
0
0
292
253
23241
245
0
23486
22718
18218
3993
0
22211
30906
0
13764
0
13764
15899
425
0
0
425
400
0
0
0
0
0
0
0
0
0
0| |---|---| ||48610
18002
0
66612
75639| ||**Unrestricted**
**Restricted**
**Endownment**
**Total**
**Total**
**funds**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
**£**
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0| ||0
0
0
0
0| ## **10. FIXED ASSETS** The congregation owns the Church premises and Manse situated at Taylorstown Road, Toomebridge and the associated fixtures, fittings, plant and Machinery. These have an insurance value of £3,578,758 ## **11. INVESTMENTS** |General Investment Fund
Property
Other Investments|**2024**
**2023**
**£**
**£**
1814
1732
0
0
37655
35000| |---|---| ||39469
36732| ## **GRANGE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (continued)** ## **12. FUND BALANCES** |**Fund**
**Unrestricted Funds**
No1 Account
Craigmore
**Restricted Funds**
No2 Account
Manse
Moldova
Mission
Presbyterian Orphan Soc
Earl Haig
tear fund
Youth Club
Bowling Club
Christian Endeavour
PW
Sunday School
Hope and a Future
Recipe Book
350th Anniversary service
**Endownment Funds**
Nicholl Bequest
JJ Rainey Bequest
JJ Rainey Bequest - Sunday school
General Investment
John Montgomery Memorial
Total|**Balance**
**Receipts**
**Payment**
**Surplus/**
**Transfer**
**Balance**
**at start**
**(Deficit)**
**at end**
**£**
**£**
**£**
**£**
**£**
**£**
128254
77305
76918
387
-270
128371
5808
2946
145
2801
0
8609
0
0| |---|---| ||134062
80251
77063
3188
-270
136980| ||7334
9867
8179
1688
0
9022
10000
0
0
0
0
10000
0
0
0
0
0
0
0
6898
6898
0
0
0
0
1184
1184
0
0
0
0
223
223
0
0
0
2
0
0
0
0
2
1148
105
375
-270
270
1148
0
0
0
0
0
0
0
0
0
0
0
0
642
922
1023
-101
0
541
1154
350
120
230
0
1384
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0| ||20280
19549
18002
1547
270
22097| ||1000
0
0
0
0
1000
1000
0
0
0
0
1000
1019
0
0
0
0
1019
1019
0
0
0
0
1019
544
0
0
0
0
544| ||4582
0
0
0
0
4582| ||158924
99800
95065
4735
0
163659|