GORTNESSY PRESBYTERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
Financial Statements For the year ended 31 December 2025
Registered Charity in Northern Ireland (NIC 105673)
GORTNESSY PRESBYTERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2025
| Note Unrestricted Restricted Funds Funds £ £ Receipts Donations and legacies 2 21,706 4,272 Charitable activities 3 0 275 Other trading activities 4 200 0 Investment Income 5 5,905 4,869 Other 6 586 3428 Total Receipts 28,397 12,844 Payments Raising funds 7 332 0 Charitable activities 8 24,709 10,802 Total Payments 25,041 10,802 Net receipts / (payments) 3,356 2,042 Transfers between funds 0 0 Net movement in funds 3,356 2,042 Funds brought forward 27,420 14,802 Funds carried forward 12 30,776 16,844 |
Total Total 2025 2024 £ £ 25,978 26,662 275 275 200 200 10,774 11,333 4,014 559 41,241 39,029 332 348 35,511 38,885 35,843 39,233 5,398 -204 0 0 5,398 -204 42,222 42,426 47,620 42,222 |
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GORTNESSY PRESBYTERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2025
| Note Unrestricted Restricted Funds Funds £ £ Funds Reconciliation Bank and Cash at start of year 27,421 14,801 Net movement in funds 3,356 2,042 Bank and Cash at end of year 12 30,777 16,843 Bank & Cash Balances Bank Current Accounts Cash in Hand Financial Investments 11 Total Funds per Statistical Return Subtotal Other Assets Fixed Assets 10 Property 11 Gift Aid receivable on donations Liabilities Accruals and Sundry Creditors Total Assets |
Total Total Funds Funds 2025 2024 £ £ 42,222 42,426 5,398 -204 47,620 42,222 47,403 42,016 217 206 47,620 42,222 498,352 460,167 545,972 502,389 1,704,208 1,704,208 275,000 275,000 4,500 4,000 2,529,680 2,485,597 -810 -750 2,528,870 2,484,847 |
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Approved by the Kirk Session on 11/03/2026 and signed on its behalf by
Ross Hyndman Richard Manning Clerk Of Session Treasurer 11/03/2026 11/03/2026
GORTNESSY PRESBYTERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS for the year ended 31 December 2025
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.
GORTNESSY PRESBYTERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (continued)
for the year ended 31 December 2025
| 2. DONATIONS AND LEGACIES Un Recorded giving Loose collections Donations and gifts Gift Aid 3. CHARITABLE ACTIVITIES Un Income from charitable activities Fees from weddings and funerals Fundraising events Membership fees Grants 4. OTHER TRADING ACTIVITIES Un Letting of premises Trading income 5. INVESTMENT INCOME Un Deposit interest General Investment Fund Rents from property 6. OTHER INCOME Un Other income inc Insurance Proceeds 7. RAISING FUNDS Un FWO envelopes Fundraising events 8.CHARITABLE ACTIVITIES Un General Assembly Assessments (inc Stipend) Presbytery fees Ministry and support staff costs Congregational running expenses Donations to Missions and charities 9. OTHER EXPENDITURE Un |
re F 17 4 21 |
stricted Restricted Total Total unds Funds 2025 2024 £ £ £ £ ,015 3,171 20,186 20,574 39 0 39 85 345 675 1,020 1,599 ,307 426 4,733 4,404 ,706 4,272 25,978 26,662 stricted Restricted Total Total unds Funds 2025 2024 £ £ £ £ 0 0 0 0 0 0 0 0 0 0 0 0 0 275 275 275 0 0 0 0 0 275 275 275 stricted Restricted Total Total unds Funds 2025 2024 £ £ £ £ 200 0 200 200 0 0 0 0 200 0 200 200 stricted Restricted Total Total unds Funds 2025 2024 £ £ £ £ 108 0 108 132 141 0 141 131 ,656 4,869 10,525 11,070 ,905 4,869 10,774 11,333 stricted Restricted Total Total unds Funds 2025 2024 £ £ £ £ 586 3428 4,014 559 586 3428 4014 559 stricted Restricted Total Total unds Funds 2025 2024 £ £ £ £ 332 0 332 348 0 0 0 0 332 0 332 348 stricted Restricted Total Total unds Funds 2025 2024 £ £ £ £ 748 0 748 1190 259 0 259 245 ,591 0 5,591 6424 ,508 10,802 25,310 27336 ,603 0 3,603 3690 4709 10802 35511 38885 stricted Restricted Total Total unds Funds 2025 2024 £ £ £ £ 0 0 0 0 |
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| re F re F re F 5 5 |
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| re F re F re F 5 14 3 2 |
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| re F |
10. FIXED ASSETS
The congregation owns the Church Premises,Hall,Session House,Sexton House and Monument situated at 84 Kilnappy Road, Drumahoe, and the associated fixtures, fittings, plant and machinery. These have an insurance value of £1,704,208 at 31/10/25.
| 11. INVESTMENTS The congregation has the following investments. Amounts are shown at market valuation. Combined Investments (Davy) General Investment Fund - Minister per PCI General Investment Fund - Sunday School per PCI Total Financial Investments Farmland - 28.5 acres Per Valuation 30/01/2025 |
Total Total 2025 2024 £ £ 493,303 454,891 1,376 1,438 3,673 3,838 5,049 5,276 498,352 460,167 275,000 275,000 |
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GORTNESSY PRESBYTERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (continued) for the year ended 31 December 2025
12. FUND BALANCES
| Fund Unrestricted Funds General Fund Restricted Funds B & R Funds Bowling Club Total Restricted Endowment Funds Total |
Balance Receipts at start £ £ 27,421 28,397 14,595 12,569 206 275 14,801 12,844 0 0 42,222 41,241 |
Payment Surplus / Transfer Balance (Deficit) at end £ £ £ £ -25,041 3,356 0 30,777 -10,538 2,031 0 16,626 -264 11 217 -10,802 2,042 0 16,843 0 0 0 -35,843 5,398 0 47,620 |
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