EBRINGTON CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
Trustees Financial Statements for the year ended 31 December 2024
Registered Charity in Northern Ireland (NIC105644)
1
EBRINGTON CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2024
| Note | Unrestricted | Restricted | Endowment | Total | Total | |
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2024 | 2023 | ||
| £ | £ | £ | £ | £ | ||
| Receipts | ||||||
| Donations and legacies | 2 | 109185 | 41341 | - | 150526 | 151790 |
| Charitable activities | 3 | 26401 | 14489 | - | 40890 | 35314 |
| Other trading activities | 4 | - | - | - | - | - |
| Investment Income | 5 | 244 | - | 842 | 1086 | 504 |
| Other | 6 | - | - | - | - | - |
| ---------- | ---------- | ---------- | ---------- | ---------- | ||
| Sale of Investments | - | - | - | - | - | |
| Sale of fixed assets | - | - | - | - | 1900 | |
| Loans Received | - | - | - | - | - | |
| ---------- | ---------- | ---------- | ---------- | ---------- | ||
| Total Receipts | 135830 | 55830 | 842 | 192502 | 189508 | |
| ---------- | ---------- | ---------- | ---------- | ---------- | ||
| Payments | ||||||
| Raising funds | 7 | 806 | - | - | 806 | 826 |
| Charitable activities | 8 | 140125 | 58102 | - | 198227 | 196382 |
| Investment costs | - | - | - | - | - | |
| Other | 9 | - | - | - | - | - |
| ---------- | ---------- | ---------- | ---------- | ---------- | ||
| Purchase of Investments | - | - | - | - | - | |
| Purchase of fixed assets | - | - | - | - | - | |
| Loan Repayments | - | - | - | - | - | |
| ---------- | ---------- | ---------- | ---------- | ---------- | ||
| Total Payments | 140931 | 58102 | - | 199033 | 197208 | |
| ---------- | ---------- | ---------- | ---------- | ---------- | ||
| Net receipts / (payments) | (5101) | (2272) | 842 | (6531) | (7700) | |
| Transfers between funds | 230 | 612 | (842) | - | - | |
| ---------- | ---------- | ---------- | ---------- | ---------- | ||
| Net movement in funds | (4871) | (1660) | 0 | (6531) | (7700) | |
| Funds brought forward | 35450 | 53062 | 20000 | 108512 | 116212 | |
| ---------- | --------- | ---------- | ---------- | ---------- | ||
| Funds carried forward | 12 | 30579 | 51402 | 20000 | 101981 | 108512 |
| ====== | ====== | ====== | ====== |
2
EBRINGTON CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2024
| Unrestricted Funds Restricted Funds Endowment Funds £ £ £ Funds Reconciliation Bank and Cash at start of year 35450 53062 20000 Net movement in funds (4871) (1660) - ---------- ---------- ---------- Bank and Cash at end of year 30579 51402 20000 ======- ======= ======= Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand Other Assets Fixed Assets – Note 10 - Church Buildings & Contents - Church Hall Buildings & Contents - Manse Building Investments – Note 11 Gift Aid receivable on donations Liabilities Loans Other |
Total Funds 2024 Total Funds 2023 £ £ 108512 116212 (6531) (7700) ---------- ---------- 101981 108512 ======= ======= 20000 20000 81388 87903 593 609 ---------- 101981 108512 ======= ======= 3895232 3709745 1621972 1544736 403970 384733 - - - - ---------- ---------- 5921174 5245779 ======= ======= - - - - ---------- ----------- - - ======= ======= |
|---|---|
3
EBRINGTON CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS
31 December 2024
1. 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 (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
| Unrestricted | Restricted | Endowment | Total | Total | |
|---|---|---|---|---|---|
| Funds | Funds | Funds | 2024 | 2023 | |
| £ | £ | £ | £ | £ | |
| Recorded giving | 86896 | 7523 | - | 94419 | 97817 |
| Loose collections | 2310 | - | - | 2310 | 1352 |
| Donations and gifts | 1030 | 27127 | - | 28157 | 31233 |
| Gift Aid | 17949 | 6691 | - | 24640 | 21388 |
| Legacies and bequests | 1000 | - | - | 1000 | - |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| 109185 | 41341 | - | 150526 | 151790 | |
| ---------- | ---------- | ---------- | ---------- | ---------- |
4
EBRINGTON CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2024
3. CHARITABLE ACTIVITIES
| Unrestricted | Restricted | Endowment | Total | Total | |
|---|---|---|---|---|---|
| Funds | Funds | Funds | 2024 | 2023 | |
| £ | £ | £ | £ | £ | |
| Income from charitable activities | 923 | 10100 | - | 11023 | 12130 |
| Fees from weddings and funerals | - | - | - | - | 100 |
| Fundraising events | - | - | - | - | - |
| Membership fees | - | - | - | - | - |
| Grants | 25478 | 4389 | - | 29867 | 23084 |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| 26401 | 14489 | - | 40890 | 35314 | |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| 4. OTHER TRADING ACTIVITIES | |||||
| Unrestricted | Restricted | Endowment | Total | Total | |
| Funds | Funds | Funds | 2024 | 2023 | |
| £ | £ | £ | £ | £ | |
| Letting of premises | - | - | - | - | - |
| Trading income | - | - | - | - | - |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| - | - | - | - | - | |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| 5. INVESTMENT INCOME | |||||
| Unrestricted | Restricted | Endowment | Total | Total | |
| Funds | Funds | Funds | 2024 | 2023 | |
| £ | £ | £ | £ | £ | |
| Deposit interest | 244 | - | 842 | 1086 | 504 |
| General Investment Fund | - | - | - | - | - |
| Rents investment properties | - | - | - | - | - |
| Other investment income | - | - | - | - | - |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| 244 | - | 842 | 1086 | 504 | |
| ---------- | ---------- | ---------- | ---------- | ---------- |
5
EBRINGTON CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont’d)
31 December 2024
6. OTHER INCOME
| Unrestricted | Restricted | Endowment | Total | Total | |
|---|---|---|---|---|---|
| Funds | Funds | Funds | 2024 | 2023 | |
| £ | £ | £ | £ | £ | |
| Insurance claims | - | - | - | - | - |
| Other income | - | - | - | - | - |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| - | - | - | - | - | |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| . RAISING FUNDS |
|||||
| Unrestricted | Restricted | Endowment | Total | Total | |
| Funds | Funds | Funds | 2024 | 2023 | |
| £ | £ | £ | £ | £ | |
| FWO & collection envelopes | 806 | - | - | 806 | 826 |
| Fundraising events | - | - | - | - | - |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| 806 | - | - | 806 | 826 | |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| . CHARITABLE ACTIVITIES | |||||
| Unrestricted | Restricted | Endowment | Total | Total | |
| Funds | Funds | Funds | 2024 | 2023 | |
| £ | £ | £ | £ | £ | |
| General Assembly Assessments | 9600 | - | - | 9600 | 9266 |
| Presbytery fees | 1103 | - | - | 1103 | 1092 |
| Ministry and support staff costs | 110179 | - | - | 110179 | 110883 |
| Congregational running expenses | 18915 | 12063 | - | 30978 | 29798 |
| Property Repairs | - | 17700 | - | 17700 | 14044 |
| Donations to Missions & charities | 100 | 28339 | - | 28439 | 31083 |
| Governance costs | 228 | - | - | 228 | 216 |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| 140125 | 58102 | - | 198227 | 196382 | |
| ---------- | ---------- | ----------- | ---------- | ---------- |
7. RAISING FUNDS
8. CHARITABLE ACTIVITIES
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EBRINGTON CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont’d)
31 December 2024
8. OTHER EXPENDITURE
| Unrestricted | Restricted | Endowment | Total | Total | |
|---|---|---|---|---|---|
| Funds | Funds | Funds | 2024 | 2023 | |
| £ | £ | £ | £ | £ | |
| Investment properties expenses | - | - | - | - | - |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| - | - | - | - | - | |
| ---------- | ---------- | ---------- | ---------- | ---------- |
9. FIXED ASSETS
The congregation owns the Church and Halls situated at 1 Limavady Road, Waterside, Londonderry and also the manse situated at 19 Clearwater, Londonderry and the associated fixtures, fittings, plant and machinery. These have an insurance value at 31[st] October as follows:-
| Total | Total | |
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Church Building and Contents | 3895232 | 3709745 |
| Church Halls & Contents | 1621972 | 1544736 |
| Manse Building | 403970 | 384733 |
| ---------- | ---------- | |
| 5921174 | 5639214 | |
| ---------- | ---------- |
10. INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation.
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| General Investment Fund | - | - |
| Property | - | - |
| Other investments | - | - |
| ---------- | ---------- | |
| - | - | |
| ---------- | ---------- |
7
EBRINGTON CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont’d)
31 December 2024
11. FUND BALANCES
| 1 December 2024 1. FUND BALANCES |
||||||
|---|---|---|---|---|---|---|
| Fund | Balance | Receipts | Payment | Surplus / | Transfer | Balance |
| at start | (Deficit) | at end | ||||
| £ | £ | £ | £ | £ | £ | |
| Unrestricted Funds | ||||||
| No 1 Account | 35450 | 135830 | 140931 | (5101) | 230 | 30579 |
| ---------- | ---------- | ---------- | ---------- | ---------- | ---------- | |
| 35450 | 135830 | 140931 | (5101) | 230 | 30579 | |
| ---------- | ---------- | ---------- | ---------- | ---------- | ---------- | |
| Restricted Funds | ||||||
| United Appeal | - | 6827 | 7847 | (1020) | 1020 | - |
| World Development | - | 1598 | 1598 | - | - | - |
| Presbyterian Childrens Society | - | 1886 | 1886 | - | - | - |
| Moderators Appeal | - | - | - | - | - | - |
| EPC Fund | 239 | - | - | - | - | 239 |
| Repair & Renovation Fund | 39121 | 14571 | 17700 | (3129) | 211 | 36203 |
| Bright Hour | 663 | 733 | 735 | (2) | (100) | 561 |
| Senior Youth Club | 1066 | 1320 | 928 | 392 | - | 1458 |
| Youth Forum | 3003 | - | - | - | - | 3003 |
| Boys Brigade | 1943 | 4590 | 5228 | (638) | (350) | 955 |
| Classy Lassies | 1798 | 1485 | 313 | (300) | 479 | |
| 466 | ||||||
| Tiddlers | 995 | 2196 | 1911 | 285 | (300) | 980 |
| Girls Brigade | 577 | 3363 | 2249 | 1114 | - | 1691 |
| Missionary Support Fund | 2299 | 14220 | 13859 | 361 | 631 | 3291 |
| Sunday School | 1464 | 479 | 348 | 131 | - | 1595 |
| Presbyterian Women | 1225 | 2248 | 2328 | (80) | (200) | 945 |
| ---------- | ---------- | ---------- | ---------- | ---------- | ---------- | |
| 53062 | 55830 | 58102 | (2272) | 612 | 51402 | |
| ---------- | ---------- | ---------- | ---------- | ---------- | ---------- | |
| Endowment Funds | ||||||
| E Harvey | 10000 | 421 | - | 421 | (421) | 10000 |
| B Harvey | 10000 | 421 | - | 421 | (421) | 10000 |
| ---------- | ---------- | ---------- | ---------- | ---------- | ---------- | |
| 20000 | 842 | - | 842 | (842) | 20000 | |
| ---------- | ----------- | ----------- | ----------- | ----------- | ---------- | |
| Total | 108512 | 192502 | 199033 | (6531) | - | 101981 |
| ---------- | ---------- | ---------- | ---------- | ---------- | ---------- |
8