Presbyter an CARLISLE ROAD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL AcnviTY (Receipts and Payments Account) For the Year Ended 31 December 2024 Note Unrestricted Funds Restricted Endowment Funds Funds Total 2024 Total 2023 Recelpts Donations and Legacies Charitable Activities Other Trading Activities Investment Income Other 61,573 16,704 5,120 78,277 5,120 556 6,895 1,674 78,047 11,098 618 3,250 1,271 556 2,808 1,674 4,087 66,611 25,911 92,522 94,284 Sale of Investment5 Sale of Fixed Assets Loans Received Total Receipts 66,611 25,911 92,522 94,284 Payments Raising Funds Charitable Activities Earmarked Interest 796 89,962 214 17,439 3,605 I,oio 107,401 3,605 821 97,213 1,492 90,758 21,258 112,016 99,526 Purchase of Investments Purchase of Fixed Assets Loan Repayments 8,040 Total Payments 90,758 21,258 112,016 107,566 Net Receipts / (Payments) Transfers Between Funds (24,1471 50 4,653 (50) (19,494) {13,2821 Net Movement in Fund5 Funds Brought Forward {24,097) 53,471 4,603 15,569 119,494) (13,2821 69,040 82,322 Fund5 Carried Forward 11 29,374 20,172 49,546 69,040 12
Presbyter an CARLISLE ROAD CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2024 Note Unrestricted Funds Restrlcted Endowment Funds Funds Total Funds 2024 Total Funds 2023 Funds Reconciliation Bank & Cash at Start of Year Net Movement in Funds 53,471 (24097) 15,569 4,603 69,040 82,322 {19,4941 {13,282} Bank and Cash at End of Year 29,374 20,172 49,546 69,040 Bank & Cash Balances Current Accounts Deposit Accounts Cash in Hand 49,165 42,541 26,178 321 381 49,546 69,040 Other Assets Fixed Assets Investment5 10 Gift Aid Receivable on Donations 162,700 9,863 162,685 9,087 172,563 171,772 Liabilitles Loans Approved by the Kirk Session at a meeting on 3 April 2025 and signed on its behalf by Rev Ross Kernohan Minister revor Galbraith Clerk of Se55ion 3 April 2025 3 April 2025 13
an CARLISLE ROAD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTESTOTHE ACCOUNTS 31 December 2024 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total incorne of the congregation is less than £250,000 the congregation have elected in accordance with the provisions in The Charities (Accounts and Reports) Regulation5 (Northern Ireland) 2015 to prepare its accounts on a receipts and payments basis. FUND ACCOUNTING Endowment fund5 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 {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 Donations & Gifts In Memoriam In Lieu of Flowers Gift Aid Legacies & Bequest 52,189 1,018 500 350 9,951 2,424 788 300 1,670 1,571 62,140 3,442 1,288 650 1,670 9,087 59,136 3,350 1,348 1,340 3,605 8,268 I,ooD 7,516 61,573 16,704 78,277 78,047 14
Presbyter an CARLISLE ROAD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2024 CHARITABLE AcfiviTIES Unrestricted Funds Restricted Endowment Funds Funds Total 2024 Total 20Z3 Income from Charitable Activitie5 Fundraising Events Grants 3,329 1,791 3,329 1,791 1,998 9,100 5,120 5,120 11,098 4. OTHER TRADING AcfiviTIES Unrestricted Funds Restrirted Endowment Funds Funds Total 2024 Total 2023 Letting of Premises 556 556 618 556 556 618 5. INVESTMENT INCOME Unrestricted Funds Restricted Fund5 Endowment Funds Total 2024 Total 2023 Investment Interest Bank Interest 2,308 500 4,084 6,392 503 2,643 607 2,808 4,087 6,895 3.250 15
an CARLISLE ROAD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {cont'd) 31 December 2024 OTHER INCOME Unrestricted Funds Restricted Endowment Fund5 Fund5 Total 2024 Total 2023 Periodicals & Calendars Share of Pulpit Supply Fee5 Share of Manse Expenses Refund Pulpit Supply Fees Sale of Piano 240 545 273 556 60 240 545 273 556 60 628 240 261 142 1,674 1,674 1,271 RAISING FUNDS Unrestricted Funds Restricted Endowment Funds Funds Total 2024 Total 2023 FWO Envelopes Fundraising Events 796 796 214 766 55 214 796 214 1,010 821 8. CHARITABLE AcfiviTIE5 Unrestricted Funds Restricted Endowment Funds Funds Total 2024 Total 2023 General Assembly Assessments Presbytery Fees Ministry & Support Staff Costs Congregational Running Expenses Donations to Mi55ion5 & Charities Grants Returned Governance Costs 11,891 626 59,666 17,779 11,891 626 59,666 22,435 12,563 220 12,262 708 46,874 26,321 10,957 91 4,656 12,563 220 89,962 17,439 107,401 97,213 16
Presbyter an CARLISLE ROAD CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (convd) 31 December 2024 9. FIXED ASSETS The congregation owns the church premises Sltuated at Carlisle Road Londonderry and a manse at Limavady Road Londonderry for the minister and the a550ciated fixtures, fittings and equipment. These have an insurance value of £6,738,300. 10. INVESTMENTS The congregation has the following investments. Amounts are shown at market valuation. 2024 2023 Pemianent Endowments Bank Deposit Accounts Fixed Term Accounts 162,700 162,685 162,700 162,685 17
Presbyter an CARLISLE ROAD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (convd) 31 December 2024 11. FUND BALANCES Fund Balance at start Receipts Payment Surplus / Transfer (Deficit) Balance at end Unrestricted Funds General 53,471 66,611 90,758 124,1471 50 29.374 53,471 66,611 90,758 (24,147) 50 29,374 Restrlcted Funds Repair & Maintenance Mission & Charities Investment Interest Presbyterian Women Sabbath School Choir Girls, Brigade Mid Week Bible Study Craft & Chatter Group 8,223 619 4,098 10,046 3,605 2,519 941 146 3,366 560 630 538 10,401 3,605 1,887 703 45 3,776 177 126 3,560 (3551 500 500 12,283 764 835 191 427 4,659 294 321 632 238 ioi {410) 383 504 (2001 1,267 429 528 3,899 677 325 (350) 1500) 15,569 25,911 21,258 4,653 {501 20,172 Total 69.040 92,522 112,016 {19,494) 49,546 18