an
FIRST CASTLEDERG CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)
For the year ended 31 December 2024
Note Unrestricted Restricted Endowment
Funds
Funds
Funds
Total
2024
Total
2023
Receipts
Donations and legacies
Charitable activities
Other trading activities
Investment Income
Other
74,150
31,366
19,337
1,542
592
3,430
105,516
19,337
4,270
5,747
9,449
103,310
10,257
4,617
4,492
6,648
2,728
5,155
6,019
Total recelpts
88,052
56,267
144,319
129,324
Payments
Raising funds
Charitable activities
Other
(9971
(49,814)
{936)
1997)
{1,0131
{65,292) {67,146)
(24,915) 119,812)
{15,478)
123,979)
Total payments
(51,747)
(39,4571
191,204) 187,9711
Net receipts/{payments)
Transfers between funds
36,305
16,810
53,115
41,353
Net movement in funds
Funds brought forward
36,305
59,255
16,810
{81,921)
53,115
41,353
(22,666) (64,019}
Funds carried forward
12
95,560
{65,111)
30,449
(22,666)
11

an
FIRST CASTLEDERG CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2024
Unrestricted Restricted Endowment
Funds
Funds
Funds
Total
Funds
2024
Total
Funds
2023
Funds Reconciliation
Bank and Cash at start of year
Net movement in funds
59,255
36,305
181,921)
16,810
(22,666)
53,115
{64,019)
41,353
Bank and Cash at end of year
95,560
(65,1111
30,449
(22,666}
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
180,046
15,030
144,003
11,618
195,076
155,621
Liabilities
Bank Loan
{164,627) {178,287)
30,449
122,6661
Other Assets
Fixed Assets- Note 10
Investments- Note 11
435,564
230,835
435,564
208,193
666,399
643,757
Approved by the Kirk Session at a meeting on .
its behalf by:
and signed on
Mr James Young
Mr David Young
Date:
Date:
12

an
FIRST CASTLEDERG CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
For the year ended 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 la) income from endowments which is to be expended only on the
restricted purposes intended by the donor and {bl 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 Restrlcted
Funds
Funds
Endowment
Funds
Total
2024
Total
2023
Recorded giving
Loose collections
Donations and gifts
Gift aid
Legacies and Bequests
62,677
24,788
885
481
5,212
87,465
885
481
16,685
82,507
1,277
3,381
16,145
11,473
74,150
31,366
105,516
103,310
13

an
FIRST CASTLEDERG CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
For the year ended 31 December 2024
CHARITABLE ACTIVITIES
Unrestricted Restricted Endowment
Fund5
Funds
Funds
Total
2024
Total
2023
Fundraising Events
Grants
Membership Fees
10,762
5,539
3,035
10,762
5,539
3,035
7,057
1,300
1,900
19,336
19,336
10,257
4. OTHER TRADING ACTIVITIES
Unrestricted Restritted Endowment
Funds
Funds
Funds
Total
2024
Total
2023
Letting of land and property
2,728
1,542
4,270
4,617
2,728
1,542
4,270
4,617
INVESTMENT INCOME
Unrestricted Restricted Endowment
Funds
Funds
Funds
Total
2024
Total
2023
Deposit interest
General Investment Fund
Other investment income
191
328
73
191
5,483
73
57
4,362
73
5,155
5,155
592
5,747
4,492
14

an
FIRST CASTLEDERG CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
For the year ended 31 December 2024
OTHER INCOME
Unrestricted Restricted Endowment
Funds
Funds
Funds
Total
2024
Total
2023
Other income
Sunday School bank balance
previously written off
5,926
93
3,430
9,356
93
6,648
6,019
3,430
9,449
6,648
RAISING FUNDS
Unrestricted Restricted
Funds
Funds
Endowment
Funds
Total
2024
Total
2023
FWO and gift aid envelopes
997
997
1,013
997
997
1,013
CHARITABLE ACTIVITIES
Unrestricted Restrlcted Endowment
Funds
Funds
Funds
Total
2024
Total
2023
General Assembly assessments
Presbytery fees
Ministry and support staff costs
Congregational running expenses
Organisational running expenses
Donations to missions and charities
Governance costs
8,124
579
11,607
28,302
8,124
579
11,607
35,847
5,459
2,474
1,202
5,663
478
11,325
40,933
5,374
2,245
1,128
7,545
5,459
2,474
1,202
49,814
15,478
65,292
67,146
15

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FIRST CASTLEDERG CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {cont'd)
For the year ended 31 December 2024
OTHER EXPENDITURE
Unrestricted Restrlcted Endowment
Funds
Funds
Funds
Total
2024
Total
2023
Property expenses
Letting of land and property
expenses
Bequest
New Church Hall building costs
Purchase of equipment
Bank loan interest
64
7,615
7,679
1,330
440
440
416
432
2,493
13,872
2,925
13,872
4,077
13,989
936
23,980
24,916
19,812
10. FIXED ASSETS
The congregation owns the Church premises situated at Garvetagh Road, Castlederg, Countv
Tyrone and the associated fixtures, fittings, plant and machinery. These have an insurance
value of £4,756,360.
2024
2023
New church hall building costs
435,564
435,564
435,564
435,564
11. INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation.
2024
2023
General Investment Fund
Other investments
230,835
208,193
230,835
208,193
16

an
FIRST CASTLEDERG CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
For the year ended 31 December 2024
12. FUND BALANCES
Balance
at start
Surplus /
(Deficit) Transfers
Balance
at end
Fund
Receipts Payments
Unrestricted Fund5
General Fund
59,255
88,052 (51,747}
36,305
95,560
59,255
88,052 (51,747)
36,305
95,560
Restricted Funds
Property
Mission and charity
Other
Organisational
197,465)
2,874
3,034
9,636
36,209 {24,105)
6,948
(9,260)
1,367
11,743
12,104
(2,312)
1,367
5,651
(85,3611
562
4,401
15,287
(6,092)
181,921)
56,267 {39,457)
16,810
(65,111)
Endowment Funds
Endowment
Total
122,6661 144,319 191,204)
53,115
30,449
17