STRABANE 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 Total Total Funds Funds Funds 2024 2023 Receipts Donations and legacies 40529 12895 53424 65020 Charitable attivities 4908 15510 20418 18316 Other trading activities Investment Income 5185 1507 6238 5714 Other 50622 29912 8Crf)80 Sale of Investments Sale of fixed assets Loans Received Total Receipts Payments Raising fund5 Charitable activities Investment costs Other Purchase of Investments Purchase of fixed assets Loan Repayments Total Payments
Net receipts / Ipayments) 14023 5254 Transfers between funds Net movernent in funds 14023 5254 Funds brought forward 62768 65592 Funds carried forward 12 62768 65592
STRABANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABIUTIES As at 31 December 2024 Unrestrlcted Funds Restricted Funds Endowment Total Funds Total Funds Funds 2024 2023 Funds Reconclllatlon Bank and Cash at start of year 48475 60338 114067 105709 Net movement in funds 14023 5254 19277 8738 Bank and Cash at end of year 62768 65592 128360 128360 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts 62768 65592 Cash in Hand Other Assets Fixed Assets- Note 10 Church Premises Fixtures, Fittings & Equipment I,LX)QX)tM).O Vehicles Liabilities Loans
Other Approved by the Kirk Session at a meetin8 on 9th June 2025 and signed on its behalf by Robin Sproule William Wat on Congregatiional Secretary Clerk STRABANE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2024 ACCOUNTING POUCIES BASIS OF FINANCIAL STATEMENTS As the total income of the congregation is less than £250,(0 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 basi5. FUND ACCOUNTING Endowment funds are funds, the capital of which must be reL3ined 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 wa5 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 Ib} 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 Total 2024 2023
Recorded giving: 39249 39249 37842 Loose collections 1,281 1281 1420 Donations and gifts 5484 10692 Gift Aid 5784 5784 7006 Legacies and bequest 2500 2500 2080 54298 59,040
STRABANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2024 CHARITABLE AcfiviTIES Unrestrirted Funds Restrirted Funds Endowment Total 2024 Total 2023 Funds Income from charitable activities Fees from weddings and funerals Fundraising events Membership fees Grants 4. OTHER TRADING ACTIVITIES Unrestrirted Funds Restricted Funds Endowment Total 2024 Total 2023 Funds Letting of premises Trading income INVESTMENT INCOME Unrestricted Funds Restrlcted Funds Endowment Total 2024 Funds Total 2023 Deposit interest General Investment Fund 6692 6692 5020
Rents investment properties Other investment income
STRABANE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {conVd) 31 December 2024 OTHER INCOME Unrestricted Funds Restricted Funds Endowment Funds Total Total 2024 2023 Insurance claims Other income RAISING FUNDS Unrestricted Funds Restricted Funds Endowment Total 2024 Total 2023 Funds FWO envelope5 39249 39249 37842 Fundraising events 39249 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Funds Endowment Totsl 2024 Funds Total 2023 General Assembly Assessments 4166 4166 4519 Presbytery fees 586 586 649 Ministry and support staff costs 10,220 10220 10035 Congregational running expenses 24767 24767 23556 Donations to Missions and charities 5925 5925 6423
Governance costs
STRABANE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {conVd) 31 December 2024 OTHER EXPENDITURE Unrestricted Funds Restricted Funds Endowment Total 2024 Funds Total 2023 Investment properties expenses 10. FIXED ASSETS The congregation owns the Church premises situated at laddress of property} and the associated fixtures, fittings, plant and machinery. These have an insurance value of £4,000000.00 at last renewal date. 11. INVESTMENTS The congregation has the following investments. Amounts are shown at market valuation. 2024 2023 Property 4,IX)CX)CKI.(M) 4,000000.00 Other investments 210028.00 243002.00 4,210028.00 4,243002.00
STRABANE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {conVd) 31 December 2024 12. FUND BALANCES Fund Balance at start Receipts Payment Surplus / Transfer (Deficit) Balance at end Unrestrirted Funds General 48745 61741 47718 14023 62768 48745 61741 47718 14023 62768 Restrlcted Funds Building 48079 11041 5984 5057 53136 pw 344 344 Sunday School 1487 63 63 1550 Catering 5457 800 621 179 5636 Youth 1,156 30 {30) 1126 Bowling 3636 152 167 (15) 3621 Youth 2 179 179 Endowment Funds
Statement of assets and Liabilities- Year Ended 31" December 2024 Unrestrirted Funds Restrirted Funds Endowment Funds Total 2024 Total 2023 Funds Reconcillation Cash at bank & in hand 31112/23 48745 60334 128360 105709 Surplusldeficit This year end 14023 5254 19277 3370 Cash at bank& in Hand 3111212024 62768 65592 128360 105,441 Bank & Cash Balances Bank deposit balances Bank current account 31112124 Cash in hand 62768 65592 128360 105709 Liabilities Unrestricted fund Approved by the trustees on 9 JUNE 2025 and signed on their behalf by Mr Robin Sproule Congregational Secretary William Watson Clerk