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RAMOAN PRESBYfERIAN CHURCH 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(NIC105389)

RAMOAN PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL AcfiviTY {Receipts and Payments Account)
For the year ended 31 December 2024
Note
Unrestricted
Funds
Restritted Endowment
Funds
Funds
Total
2024
Total
2023
Receipts
Donations and legacies
Cha ritable activities
Other trading activities
Investment Income
Other
35.652
5,526
41,178
37,023
5.683
324
loo
5,783
329
6,236
428
41.659
5,631
47,290
43.687
Sale of Investments
Sale of fixed assets
Loans Received
Total Receipts
41,659
5.631
47,290
43,687
Payments
Raising funds
Charitable activities
Investment costs
Other
385
385
377
47.221
4,443
51,664
41,395
3.353
3,353
3,173
50.959
4,443
55,402
44,945
Purchase of Investments
Purchase of fixed a55ets
Loan Repayments
299
Total Payment5
50,959
4.443
55,402
45,244
Net receipts / {payments)
Transfers between funds
(9,3001
(2.1311
1.188
2,131
18.1121
11,5571
Net movement in funds
Funds brought forward
{11,4311
55.443
3.319
8.549
{8,1121
63.992
11,5571
65,549
Funds carried forward
12
44.012
11.868
55.880
63,992
10

RAMOAN PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND UABILITIES.
As at 31 December 2024
Unrestricted Restricted Endowment
Funds
Funds
Funds
Total Funds
2024
Total Fund5
2023
Funds Reconciliation- Note 12
Bank and Cash at start of year
Net movement in funds
55.443
IIL4311
8,549
3.319
63,992
18,1121
65,549
11,5571
Bank and Cash at end of year
44.012
11.868
55.&80
63,992
Bank & Cash Balances
Danske Bank General Account
Building and Repair Account I
Building and Repair Account 2
Women's Account
Indoor Bowling Club Account
44,012
9,064
138
970
1.696
55,443
5,713
134
1,006
1.696
55.880
63,992
OtherAssets
Fixed Assets- Note 10
Church Premises
Contents
Land
Investments- Note 11
Gift Aid receivable on donations
2,830.949
125,161
80,000
4,564
4,572
2.830,949
125,161
so.000
4,448
4,572
3,045.246
3,045,130
Approved by the Kirk Session at a meeting on and signed on its behalf by
Rev. Philip L McKelvey
Date:
Date:
7LAr-T.
li

RAMOAN PRESBITERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2024
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 CharÉties (Accounts and Reports Regulations {Northern Ireland)
2015 to prepare its account5 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.
DONATIONS AND LEGACIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Recorded giving:
Loose collections-FWO
Other Collection5
Donations and gifts
Gift Aid
Legacies and bequest
30,809
95
30,904
28,838
586
5.077
354
5.663
4,611
3,020
4,165
1,000
4.257
35.652
5.526
41,178
37,023
12

RAMOAN PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (convd)
31 December 2024
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Endowment
Fund5
Total
2024
Total
2023
Income from charitable activities
Fees from weddings and funerals
Fundraising events
Membership fees
Grants
OTHER TRADING AcfiviTIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Letting of premises
Grave opening fees
4,983
700
loo
5,083
700
5.936
300
5,683
loo
5,783
6,236
INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Deposit interest
General Investment Fund
Rents investment properties
Other investment income
127
132
150
198
198
278
325
330
428
13

RAMOAN PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
OTHER INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Fund5
Total
2024
Total
2023
RAISING FUNDS
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
FWO envelopes
Fundraising events
385
385
377
385
385
377
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Congregational running expenses
Governance costs
Donations to Missions and
charities
8.256
240
8,256
240
296
229
17,688
19,291
1,296
450
17.688
19.760
1,296
4.424
18,242
14,486
1,278
6,864
469
3.974
47.221
4.443
51.664
41,395
14

RAMOAN PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (conyd)
31 December 2024
OTHER EXPENDITURE
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Property expenses
3.353
3,353
3,173
3.353
3.353
3,173
10. FIXED ASSETS
The congregation own5 the Church premises situated at 137 Moyarget Road, Ballycastle, Co. Antrim,
BT54 6HL and the associated fixtures, fittings, plant and machinery. These have an insurance value of
£4,268,959.
11. INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation.
2024
2023
General Investment Fund
Property
Other investments- M&G
Investment
4.564
4,448
4.564
4,448
15

RAMOAN PRESBYfERIAN CHURCH CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
12. FUND BALANCES
Fund
Balance at
start
Receipts
Payments
Surplus / Transfer Balance at
(Deficit)
end
Unrestricted Fund5
General Fund Account
55.443
41.659
50.959
19.3001
12.1311
44,012
Women Account
Indoor Bowling Club
55,443
41.659
50.959
19,3001
12,1311
44,012
Restricted Funds
General Fund
Building & Repair Account I
Building & Repair Account 2
Women Account
Indoor Bowling Club
1,843
3.688
3.974
337
{2.131}
3,351
2.131
5.713
134
9,064
138
1.006
1,696
96
132
1361
970
1,696
8,549
5,631
4.443
1.188
2,131
11,868
Total
63.992
47,290
55,402
{8,1121
55,880
16