an
CARLAND PRESBYTERIAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)
for the year ended 31 December 2024
Note
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Receipts
Donations and legacies
Charitable activities
Other trading activities
Investment Income
Other
86636
86636
5159
1471
384
82183
3879
1213
335
1200
5159
1471
384
Sale of Investments
Sale of fixed assets
Loans Received
Total Receipts
88491
5159
93650
88810
Payments
Raising funds
Charitable activities
Investment costs
Other
425
50324
50
16724
475
67048
64
73971
24995
8538
33533
4262
Purchase of Investments
Purchase of fixed assets
Loan Repayments
Total Payments
75744
16774
8538
101056
78297
13091
1114881
1117971
309
11488
11797
Net receipts / {payment51
Transfers between funds
151
182
151
7406
136)
10513
Net movement in fund5
950
185381
Funds BrOU￿ht forward
88991
2409
31838
123238
1127DI
Funds carried forward
12
89941
2586
23300
115827
123238
12

an
CARLAND PRESBYfERIAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2024
Unrestricted
Funds
Restrlcted Endowment
Fund5
Fund5
Total
Funds
2024
Total
Funds
2023
Funds Reconcillation
Bank and Cash at start of year
Net movement in funds
88991
950
2409
177
31838
{85381
123238
17411)
112761
10477
Bank and Cash at end of year
89941
2586
23300
115827
123238
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
115827
123238
115827
123238
Other Assets
Fixed Assets- Note 10
Church Premises
Fixtures, Fittings & Equipment
Insurance Value
Investments- Note 11
Gift Aid receivable on donations
2282634
2173936
2282634 2173936
Liabilities
Loans
Other
Approved by the Kirk Session at a meeting on
P71
l¥ and signed on its behalf by
[Name]
IName
[Datel Of￿&(cL M(plLSrf
[Date]
16LW &Lr
/6h s¥K 7ubr
13

Presbyter
an
CARLAND PRESBYfERIAN 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 Charities (Accounts and Reports Regulations (Northern Ireland)
2015 to prepare its accounts 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 (al income from endowments which is to be expended only on the restricted
purposes intended by the donor and Ibl revenue donation5 or grants for a specific congregational
activity intended by the donor. Where these funds have unspent balances, interest on their pooled
nvestment 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 Endowmen
Funds
Funds
Total
2024
Total
2023
Recorded giving:
Loose collections
Donations and gifts
Gift Aid
Legacies and bequest
69393
1624
530
15089
69393
1624
530
15089
63663
2685
930
14904
86636
86636
82183
l¥
15

Presbyter
an
CARLAND PRESBYfERIAN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2024
CHARITABLE ACTIVITIES
Unrestrirted
Funds
Restricted Endowment
Funds
Funds
Total
2024
Total
2023
Income from charitable activities
Fees from and funerals
Fundraising events
Membership fees
Grants
2659
2000
2659
2000
3379
500
Bowling Club
500
500
5159
5159
3879
4. OTHER TRADING ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Use of Church Hall Donations
Letting of premises
Trading income
200
656
615
200
656
615
654
559
1471
1471
1213
INVESTMENT INCOME
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2024
Total
2023
Deposit interest
General Investment Fund
Rents investment properties
Other investment income
384
384
335
384
384
335
16

Presbyter
an
CARLAND PRESBYfERIAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
OTHER INCOME
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2024
Total
2023
Insurance claims
Other income
1200
1200
RAISING FUNDS
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
FWO envelopes
Fundraising events
305
120
305
170
50
64
425
50
475
64
CHARITABLE ACTIVITIES
Unrestricted
Fund5
Restricted Endowment
Funds
Funds
Total
2024
Total
2023
General Assembly Assessments
Presbytery fees
Ministry and support Staff costs
Congregational running expenses
Donations to Missions and
charities
Governance costs
10462
559
27412
11621
50
10462
559
27412
12024
16371
10707
428
24655
23334
13706
403
16321
220
220
1141
50324
15724
67048
73971

Presbyter
an
CARLAND PRESBYfERIAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {cont'd)
31 December 2024
OTHER EXPENDITURE
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2024
Total
2023
Gift for New Manse
Utilities
21462
3533
8538
30000
3533
4262
24995
8538
33533
4262
10. FIXED ASSETS
The congregation own5 the Church premises situated at Gortnaglush Road Dungannon and the
associated fixtures, fittings, plant and machinery. These have an insurance value of £2282634
11. INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation.
2024
2023
General Investment Fund
Property Manse Land rented
p rivately
Other investment5
27844
620
50648
620
29937
29937
58401
81205
19

Presbyter
an
CARLAND PRESBYfERIAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
12. FUND BALANCES
Fund
Balance
at start
Receipts Payment Surplus / Transfer
(Deficit)
Balance
at end
Unrestricted Funds
General No l Account
88991
88491
75744
(11797)
89941
88991
88491
75744
111797)
89941
Restricted Funds
Sunday School Project 2024
PW Missionaries Lannons
Mission and Charities
Sunday School Account
Sanctuary Fellowship Account
Presbyterian Woman
Bowling Club
373
500
373
500
11488
360
168
3680
205
11488
75
354
1161
819
360
(37)
38
186
1261
1101
3471
455
309
32
2409
5159
16774
(5)
11797
2586
Endowment Funds
McAllister Fund
Various Accounts
14387
17451
14387
8913
8538
31838
8538
23300
Total
123238
93650
101056
{51
115827
20