Ballenon Refonned Presbyterian Church
STATEMENT OF FINANCIAL ACTIVITIES
for the financial year ended 31 December 2024
Unrestrlcted
Funds
2024
Total Unrestricted
Funds
Funds
2024
2023
Total
Funds
2023
Notes
Income
Donations and legacies
Charitable activities
Grants from governments and other co-funders
Investments
Other income
2,608
2,608
2,633
2,633
35,470
363
8,453
35.470
363
8.453
32,561
349
5,816
32,561
349
5.816
Total In¢oma
46,894
46,894
41,359
41,359
Exp•ndltur8
Charitable activities
Olher expenditure
36.567
6.730
36.567
6.730
29,237
11,178
29,237
11,178
Total Expendlturo
43,297
43,297
40.415
40,415
Net Incomel{oXPondlturel
3,597
3.597
944
944
Transfers be￿88n funds
Net movgrnent In funds for th8 flnanclal year
3,597
3,597
944
R8conclllatlon of fvnd$:
Total funds beginning of the year
10
671,615
671,615
670,671
670,671
Total fund$ at the end of the year
675.212
675,212
671,615
671,615
The Statement of Financial Activities includes all gains and losses récognlsed in thè financial year.
All income and expenditure relat8 lo Gontlnuing activitie5.
The notes on pages 9 to 13 forrn part of the financial slal8ments

Ballenon Reformed Presbyterian Church
BALANCE SHEET
as at 31 December 2024
2024
2023
Notes
Flxed Assets
Tangible assets
615.000
615,000
Current Assets
Cash al bank and in hand
60,212
56,615
Net Currgnt Assets
60.212
56,615
Total Assets1g$$ Current Llabllltlos
675,212
671,615
Funds
Designated funds {Unrestrict8dl
General fund (unr8stri¢ted)
1,116
674.096
4,690
666.925
Total funds
10
675,212
671.615
Approvad by the Board of Truste05 and authorlsed for158Uo on l Ék
behalf by
toLIo2L- and slgn•d on Its
Andrew Horron
Trustee
es Minlsh
ust
Rev Robèrt Robb
Trusteg
The notes on pBges 9 to 13 form part of the financia5 slatemgnts

Ballenon Reformed Presbyterian Church
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 310ecember 2024
GENERAL INFORMATION
Ballenon Reformed Pr8sbyterian Church is a charity registered in Northern Ireland. The registered office of
the charity is 62 Corrniare Road, Poyntzpass, Newry. Co Down, BT35 6RY. Northern Ireland. The financial
stat8mgnts have been presented in Pound (£} which is also the functional currency of the charity.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Tha following accounting policies have been applied consistently in dealing with ilems which are considered
material in relation to the ch8rity's financial slalemants.
Basls of proparatlon
The financial slalements have b68n prepared on the going concern basis under the historical cost convention,
modified lo include ¢8rtain items at fair value. The financial statements have been prepared in accordance
with the Statement of Recommended Praclic8 {SORPI "Accounting and Reporting by Charities préparing theSr
accounts In accordance with th8 Financlal R&porting Standard applicabl8 In Ihe UK and R8publSc of Ireland
FRS 102"
As p8rmitted by the Companies Act 2006, the charity has varied the standard formals in that act for the
Statement of Financial Activities and th8 Balanc8 Sheet. Departures from the standard formats are to comply
with the requirements of the charities SORP and are in complianoe with section 4.7, 10.6 and 15.2 of that
SORP.
Slalemant of compllanco
The flnanclal statements of the charfty for the flnanclal year end8d 31 December 2017 have been prepared on
the going concem basis and in accordance with the Statement of Recommended Practice ISORPI
"Accounting and Reporting by Charities preparing their accounts in a¢cordanc8 wlth Ihe Financial Reportlng
Standard applicable in the UK and Republic of Ireland FRS 102"
Fund accounting
The following are the categories of funds malnt8ined'.
Restrlcted funds
Restricted funds represent income ￿ceived which can only be usèd for particular purposés, as specified by
the donors. Such purposes ar8 wlthln the overall obj8Ctlves of the charfly.
Unrestrlclgd funds
Unreslricled funds consist of General and Designated funds.
General funds represent amounts whlch are expendable at the dlscrellon of the board, In furtherance of th8
objectives of the charity.
Designated funds comprise unrestricted funds that the board has, al ils dlscretion, set asid8 for particular
purposes. These designations have an administrative purpose only, and do not legally restrict the board's
discretion to apply the fund.
In¢om•
Voluntary income or capital is included in the Statement of Financial Activities when the charity is legally
entitled to it, ils financial value can be quantified with reasonabla certainly and there is reasonable certainty of
its ultimat8 receipt. Enlillement to legacles is considered eslabllshed when the charity has been notified of a
distribution to be made by the executorg. Incom8 received in advance of due performance under a contract is
accounted for as deferred income until earned. Grants for activities are recognised as income when the
relaled conditions for legal entitlement have been met. All other incorne is accounted for on an accruals basis.
Expendtture
All resources expended are accounted for on an accruals basis. Charitable activities include costs of services
and grants. support costs and depreclallon on related assets. Costs of generating funds similarly include
fundraising activities. Non-staff costs not attributed to one category of activity are allocated or apportioned
pro-rata lo the stafFing of the relevant service. Finance, HR. IT and administrative staff costs are directly
attributable to individual activit16$ by objective. Govemance costs am those associated with constitutional and
statutory requirements.

continued
Ballenon Reformed Presbyterian Church
NOTES TO THE FINANCIAL STATEMENTS
for th8 financial year ended 31 December 2024
Tangible flxed assets and depreclatlon
Tangible fixed assets are stated at cost or at valuation. less accurnulated depreciation. The charge to
depr8ciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated
residual value. over their expected useful lives as follows..
Land and buildings freehold
40/0 Straight line
Cash at bank and In hand
Cash at bank and in hand comprises cash on deposit at banks requiring less than three months notice ol
withdrawal.
Taxatlon
No current or deferred taxation arises as th8 charfty has been grant8d Charitable 8xemption. Irrecov8rable
valued added tsx is expensed as Incurred.
INCOME
DONATIONS AND LEGACIES
Unrèstrlcted Restrlcted
Funds
Funds
2024
2023
Donations and legacies
2,608
2,608
2,633
CHARITABLE ACTIVITIES
Unr&strlct8d R¢$trlct8d
Funds
Funds
2024
2023
Granls from gov•mments and othor ¢o-fundord:
Income from charitable actlvltles
35,470
35,470
32,561
INVESTMENTS
Unrastrlctod Restrlcted
Funds
Funds
2024
2023
Investments
363
363
349
OTHER INCOME
Unrestrictod RestrSctèd
Funds
Funds
2024
2023
Othgr income
8,453
8.453
5,816
EXPENDITURE
CHARITABLE ACTIVITIES
Dlrect
Costs
Other
Costs
Support
Costs
2024
2023
Expenditure on charitable activites
Governance Costs (Note 4.31
14,264
1,452
728
20,123
14.992
21,575
10,741
18.496
15.716
20,851
36.567
29,237
OTHER EXPENDITURE
Dlrect
Costs
Other
Costs
Support
Costs
2024
2023
Other expendlture
6,730
6,730
11,178
10

continued
Ballenon Reformed Presbyterian Church
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 De¢&mber 2024
GOVERNANCE COSTS
Dlrect
Costs
other
Costs
Support
Costs
2024
2023
Charltable activities- govemance
costs
1.452
20,123
21,575
18,496
SUPPORT COSTS
Charllabl•
Other Governanco
Adivltles Expenditure
Costs
2024
2023
Heal & light
A¢countancy
Insurance
Salaries, wages and related c08t8
Repairs & maintenance
Rates
Pdnllng & stationery
2,121
780
2.121
780
1,151
780
1,260
15,566
9.789
913
539
16,267
16,267
6,730
955
728
6,730
955
728
728
6,730
20.123
27,581
29,998
ANALYSIS OF SUPPORT COSTS
2024
2023
H8al & Ilght
Accountancy
Insurance
Salaries, wages and related costs
Repairs & maintenanc8
Rates
Printing & stationery
Bank fe8s & interest
2,121
780
1,151
780
1,260
15,566
9,789
913
539
459
16.267
6,730
955
728
27,581
30,457
INVESTMENT AND OTHER INCOME
2024
2023
Insurance claims receivable
Othér Interest
1,449
1.090
1,054
2,539
1,054
EMPLOYEES AND REMUNERATION
The staff costs comprise..
2024
2023
Wages and salaries
16.170
15,444
11

continued
Ballenon Reformed Presbyterian Church
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 Oecember 2024
TANGIBLE FIXED ASSETS
Land and
buildings
freehold
Total
Cogt
At 31 December 2024
615,000
615,000
Net book valuo
At 31 December 2024
615,000
615,000
At 31 Decemb8r 2023
615,000
615,000
RESERVES
2024
2023
At the beginning of the year
Surplus for the financial year
671,615
3,597
670,671
At the 8nd of the year
675,212
671,615
10.
FUNDS
10.1 RECQNCILIATION OF MOVEMENT IN FUNDS
Unrostrlcted
Funds
Totsl
Funds
At 1 January 2023
Movement during the financial year
670,671
944
670,671
944
Al 31 December 2023
Movement during the financlal year
671,615
3,597
671,615
3,597
Al 31 December 2024
675,212
675.212
10.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balanco
1 January
2024
Income Exptrndlture
Transfers
Balance
betwgon 31 D&comber
funds
2024
Unrestrlcted funds
Manse Account Fund
Buildlng Fund Account
Women's Fellowship
Ballenon & Ballylane Church
Outing
General Fund
Ballenon Sabbath School Account
Ballenon RPC Savings Account
Unrestricted Funds
3,109
4,526
2,105
199)
13,1091
3,746
4,215
104
371
4,057
2,010
470
40,492
1,324
10,109
615,000
38,568
124
239
31,604
156
47,456
1,292
10,348
615.000
671,615
44,998
141,401)
675,212
Total funds
671.615
44.998
41,401
675,212
12

continued
Ballenon Reformed Presbyterian Church
NOTES TO THE FINANCIAL STATEMENTS
for th8 financial year ended 310ecember 2024
10.3 ANALYSIS OF NET ASSETS BY FUND
Fixed
assets
- charity use
Current
assets
Curront
Ilabiliti•$
Total
Unrestricted designated funds
Unrestricted general funds
1,475
71.861
(13,124)
{11.6491
686,861
615,000
615,000
73,336
(13.124)
675,212
615,000
73.336
{13,124)
675,212
11.
POST4ALANCE SHEET EVENTS
Thère have been no significant &vènls affecting the Charfty slnce th8 financial y&ar-end.
13