DOUGLAS PRESBYTERIAN CHURCH A CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY 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 activities 8 Investment costs Other expenditure 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 ENDOWMENT TOTAL TOTAL FUNDS FUNDS FUNDS 2024 2023 £ £ £ £ £ 17,540 1,104 - 18,644 16,805 - 9,919 - 9,919 8,611 - - - - - 12 - - 12 15 10 - - 10 9 17,562 11,023 - 28,585 25,440 17,562 11,023 - 28,585 25,440 209 - - 209 209 16,175 12,114 - 28,289 29,593 - - - - - - 16,384 12,114 - 28,498 29,802 - - - - - 16,384 12,114 - 28,498 29,802 1,178 1,091 ) ( - 87 4,362 ) ( 1,178 1,091 ) ( - 87 4,362 ) ( 1,697 ) ( 18,102 16,405 20,767 519 ) ( 17,011 - 16,492 16,405 |
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DOUGLAS PRESBYTERIAN CHURCH A CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND BALANCE SHEET AS AT 31 DECEMBER 2024
| UNRESTRICTED RESTRICTED ENDOWMENT NOTE FUNDS FUNDS FUNDS £ £ £ FUNDS RECONCILATION Bank and cash at start of year 1,697 ) ( 18,102 Net movement in funds 1,178 1,091 ) ( - Bank and cash at end of year 519 ) ( 17,011 - BANK AND CASH BALANCES Bank deposit accounts Bank current accounts 16,492 Total current assets 16,492 - - OTHER ASSETS Fixed assets 10 ~ Church, premises ~ Fixtures, fittings, equipment ~ Vehicles Investments 11 Gift aid receivable on donations (not included above) |
TOTAL TOTAL 2024 2023 £ £ - 16,405 20,767 87 4,362 ) ( - 16,492 16,405 16,492 16,405 16,492 16,405 99,568 88,282 3,582 3,333 103,150 91,615 |
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Approved by the Kirk Session at a meeting on 31 October 2025 and signed on its behalf by
Name: Rev David W Reid Name: Mr Alan McKelvey Date: 31/10/2025 Date: 31/10/2025
DOUGLAS PRESBYTERIAN CHURCH A 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
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Ireland (FRS102) (effective 1 January 2015).
The financial statements have been prepared under the historical cost convention except for investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the congregation is responsible in law. They do not include the accounts of church groups that owe their affiliation to another body, nor those that are informal gatherings of church members.
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.
2 DONATIONS AND LEGACIES
| Recorded giving: Loose collections Donations and gifts Gift Aid Legacies and bequests |
UNRESTRICTED RESTRICTED ENDOWMENT TOTAL TOTAL FUNDS FUNDS FUNDS 2024 2023 £ £ £ £ £ 156 156 233 13,055 13,055 12,077 2,602 467 3,069 2,617 1,728 637 2,365 1,878 17,540 1,104 - 18,644 16,805 |
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DOUGLAS PRESBYTERIAN CHURCH A CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
3 CHARITABLE ACTIVITIES
| Income from charitable activities Fees from weddings and funerals Fundraising events Membership fees Grants/Donation/elect 4 OTHER TRADING ACTIVITIES Letting of premises Trading income |
UNRESTRICTED RESTRICTED ENDOWMENT TOTAL TOTAL FUNDS FUNDS FUNDS 2024 2023 £ £ £ £ £ 2,238 2,238 2,028 400 400 475 2,319 2,319 2,258 - - 4,962 4,962 3,850 - 9,919 - 9,919 8,611 UNRESTRICTED RESTRICTED ENDOWMENT TOTAL TOTAL FUNDS FUNDS FUNDS 2024 2023 £ £ £ £ £ - - - - - - - - |
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5 INVESTMENT INCOME
| Deposit interest General Investment Fund Rents investment properties Other investment income |
UNRESTRICTED RESTRICTED ENDOWMENT TOTAL TOTAL FUNDS FUNDS FUNDS 2024 2023 £ £ £ £ £ 12 12 15 - - - - 12 - - 12 15 |
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6 OTHER INCOME
| Insurance claims Other income |
UNRESTRICTED RESTRICTED ENDOWMENT TOTAL TOTAL FUNDS FUNDS FUNDS 2024 2023 £ £ £ £ £ - 10 10 9 - 10 - - 10 9 |
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DOUGLAS PRESBYTERIAN CHURCH A CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
7 RAISING FUNDS
| FWO Envelopes Fundraising events |
UNRESTRICTED RESTRICTED ENDOWMENT TOTAL TOTAL FUNDS FUNDS FUNDS 2024 2023 £ £ £ £ £ 209 209 209 - - 209 - - 209 209 |
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8 CHARITABLE ACTIVITIES
| General Assembly Assessments | UNRESTRICTED RESTRICTED ENDOWMENT TOTAL TOTAL FUNDS FUNDS FUNDS 2024 2023 £ £ £ £ £ 2,292 2,292 2,144 |
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| Presbytery fees | 88 88 85 |
| Ministry & support staff costs | 12,563 12,563 11,834 |
| Congregational running expenses | 1,231 9,946 11,177 13,609 |
| Donations to Missions Uaincludesspecialappeals 2,088 2,088 1,803 |
|
| Charities | 80 80 118 |
| Governance costs | - - |
| 16,175 12,114 - 28,289 29,593 |
|
| 9 OTHER EXPENDITURE |
|
| Investment property expenses | UNRESTRICTED RESTRICTED ENDOWMENT TOTAL TOTAL FUNDS FUNDS FUNDS 2024 2023 £ £ £ £ £ - |
| To Investment fund | - |
| - - - - - |
10 FIXED ASSETS
The congregation owns the Church premises situated at Camus Road, Douglas Bridge, Strabane, BT82 8QN along with the associated fixtures, fittings, plant and machinery. These have an insurance value of £1,402,701
11 INVESTMENTS
The congretation has the following investments. Amounts are shown at market valuation
| General Investment Fund NI Central Inv fund |
2024 2023 £ £ 97,169 86,494 2,399 1,788 99,568 88,282 |
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