Cairnalbana Con re ation of the Presb erian Church in Ireland STATEMENT OF FINANCIAL AcfiviTY (RECEIPTS AND PAYMENTS ACCOUNT) FOR YEAR ENDED 31 DECEMBER 2024 NofE UNRESrRIED RESTRicfED ENDOWMENT TOTAL TOTAL FiINQS FUNDS FUND5 2024 2023 Receipts Donation5 & legacies Charitable activities Other trading activities Investment income Other Total receipts 54,057 330 56 166 1,770 56,379 7,343 1,589 4,200 12 61,399 1,919 4,256 813 1,770 70,157 62,672 1,200 16,250 355 1,987 82,465 635 13,143 635 Payments Raising funds Charitable activities Other Total payments 630 58,957 630 72,054 606 70,435 12.463 635 59,587 12,463 635 72,684 71,041 Net receipts/(paymentsl Transfers between funds Net movement in funds 13.2081 3,420 212 681 13,3401 12,6591 12,5271 80 {2,4471 11,424 11,424 Reconciliation of funds: Total funds brought forward Total funds carried forward 60,947 61,159 170,057 167,398 15,703 15,703 246,707 244,260 235,283 246,707 12
Cairnalbana Con re ation of the Presb terian Church in Ireland STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2024 UNRESTRICTED RESTRICTEO ENDOWMENT TOTAL TOTAL FUN05 FUNDS FLINOS ZO24 Z023 Funds Reconciliation Total funds brought forward Net movement in funds Total funds carried forward 60,947 212 61,159 170,057 {2,6591 167,398 15,703 246,706 12,4471 244,260 246,706 11.424 246,706 15,703 Bank & cash balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 228,557 231,004 228,557 231,004 Other assets Fixed assets- Note 10 Investments- Note 11 Gift Aid receivable on donations 15,703 15,703 8,480 24,182 15,703 Liabilitie5 Loans 244,260 246,707 Approved by the Kirk Session at a meeting on 2025 and signed on its behalf by Rev John Brogan Mr Brian Alexander io
Cairnalbana Con re ation of the Presb terian 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 provision in The Charitie5 (Accounts and Reports Regulations INorthern Ireland) 2015 to prepare its accounts on a receipts and payrnents 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 15 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 comprlse lal income from endowments which is to be expended only on the restricted purposes intended by the donor and Ibl revenue donations or grants for a specific congregational activity intended by the donor. Where these fund5 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 & LEGACIES UNRESTRicfÉD RESTRICTED ENDOWMENT TOTAL TOTAL FUNDS FUNDS FUNDS Z024 Z023 Recorded giving Loose collections Donations and gifts Gift Ald Legacies and Bequests 36,888 2.765 4.980 9,425 1.814 3.454 1,500 575 38.702 6,219 6,480 9,999 40,643 3,481 9,522 9,026 54,057 7,343 61.399 62.672 li
Cairnalbana Con re ation of the Presb erian Church in Ireland NOTES TO THE ACCOUNTS 31 DECEMBER 2024 CHARITABLE ACTIVITIES UNRESTRICTED RESTRicfED ENDOWMENT TOTAL TOTAI FUNDS FUND5 FUNDS 21J24 2023 Magazine Subscriptions Grants Received Organisational Income 330 330 1,589 1,589 1,200 330 1,589 1,919 1,200 OTHER TRADING ACTIVITIES UNRESTRICTED RESTRICTED ENOOWMENT TOTAL TOTAL FUNDS FUNDS FUNDS 2024 2023 Lettlng of Premises Trading Income - Pole Rent 4,200 4,200 56 4,256 16,250 56 56 4,200 16,250 INVESTMENT INCOME UNResTAicYeD RESTAICTED ENDOWMENT TOTAL TOTAL FUNDS FUND5 FUNDS Z024 2023 Deposit interest 166 166 12 12 635 635 813 813 355 355 12
Cairnalbana Con re ation of the Presb erian Church in Ireland NOTES TO THE ACCOUNTS 31 DECEMBER 2024 OTHER INCOME UNRESTAicfED RE5TRicfED ENDOWMENT TOTAL TOTAL FU14DS FUNOS FUNDS 1024 2013 Insurance Claims Other Income 1.770 1,770 1,770 1,770 1,987 1,987 RAISING FUNDS UNRESTRicfED REsfRicfED EfitsowMENT TOTAL TOTAL FUND5 FUIIDS FVN05 ZOZ4 2023 FWO envelopes Fundraising Events 630 630 606 630 630 606 CHARITABLE AcfiviTIES UNResYAICTED RE5TRicfED E14DOWMEMr TOTAL TOTAL FU14D5 FUN05 FLINOS 2024 2025 General Assembly Asse55ment5 Presbytery fees Ministry & support Staff costs Congregational running expenses Donations to missions & chariries Governence Costs 3,111 166 3.111 166 2.425 138 29.634 29,634 28,553 16,849 11,893 28,742 30.198 9.198 570 635 10.402 9,121 58.957 12.463 635 72,054 70.435 13
Cairnalbana Con re ation of the Presb terian Church in Ireland NOTES TO THE ACCOUNTS 31 DECEMBER 2024 OTHER EXPENDITURE UNAES7RICTEO HÉSIRICTED ENDOWMENT TOTAL TQTAI FUND5 FUNDS FUNOS 1024 1023 Investment Properties Expenses 10 FIXED ASSETS The congregation owns the church building together with the church hall situated at Glenview Road, Cairnalbana and the aSSOClaled fixtures, fittings, plant and Machinery. These have a cornbined insurance value of £1,162,008. The congregation also owns a manse wlth an insurance value of £391.059. li INVESTMENTS 2014 2023 Details uf the Investment as at 31112124 IS,703 15,703 Total 15,703 15,703 14
Calrnalbana Con re atlon of the Presb erlan Church in Ireland NOTE5 TO THEACCOUNT5 310ECEMBER Z024 12 FVND BALANCES FUND HKEIPTS PAYMEEirs TK4NSFER TW4SFER SUAPWSI DEFor bAtANfE ATSTAAT ATENP Unrestrfrted funds General Fund 60.947 56.379 S9,587 4,631 1,212 212 61,159 General fund 60.947 56.379 S9.587 4,631 1,212 212 61.159 Restrfcted funds RepairAccount Manse Rent Account Sunday School Account Source Account Shlne Account PW Account The Boys. Brl8ade Account Glrls. Brlgade Account Cholr Account 81ble Class Account 126.540 28,SSI 2,611 135 331 1,984 S,352 3,998 134 421 170,057 2,303 4,2LKI 842 400 798 2,459 2,140 2,698 3,418 1,099 495 799 1,881 1070 395 782 45 95 126,145 29.333 2,565 40 330 3.563 5,422 212 I,wo 1,578 70 3,998 134 421 1659 3.996 134 421 4,551 13,143 12,463 1,212 167.398 Endowment funds BequestAccount 15.703 15.703 635 635 635 635 15,703 15,703 Ttstal 246.707 70.157 72,049 5.843 6.398 2,447 244.260 15