Reformed
Presbyterian Church
OF IRELA%D
CULLYBACKEY CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF IRELAND
STATEMENT OF FINANCIAL AcfiviTY (Receipts and Payment5 Account)
for the year ended 31 December 2024
RESTRicfED
ENDOWMENT
TOTAL
TOTAL
NOTE
UNRESTRICTED
FUNDS
FUNDS
FUNDS
2024
2023
Receipts
Donatlons & legacies
Charitable activities
Investment income
171,315
3,576
1,561
176,452
4,451
175,766
3,576
1,830
181,172
184,154
5,178
1,024
190,356
269
Total recelpts
4,720
Payment5
Raising funds
Charitable activities
iio
iio
180
226,997
227,107
7,154
7,154
234,151
234,261
180,822
Total payments
181,002
Net
receipts/lpaymentsl
Transfers between
funds
Net movement in
funds
150,6551
(2,4341
{53,0891
9,354
2,000
2,000
150,655)
14341
151,0891
9,354
Reconciliation of
funds:
Total funds brou8ht
forward
Total funds carried
foNard
263,012
3,818
266,830
257,476
212,357
3,384
215,741
266,830
11

Relowsd
Prosbyten?r, C-.
OF 11:.LAXD
CULLYBACKEY CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2024
UNREsfRICTED
FUNDS
RESTRicfED
FUNDS
ENDOWMENT
FUNDS
TOTAL
2024
TOTAL
2023
Funds Reconciliation
i ota.; fdnds brought forward
Ne: Tr?ovement in funds
i otai r4inds carried forward
263,012
150,655)
212,357
3.818
{4341
3,384
266,830
{Sl.Q891
215,741
257,476
9,354
266.830
Bank & cash balanees
< cdrrent accounts & cash on hand
215,741
215.741
266,830
266,830
Approved by the Kirk Session at a meeting on 2nd August 2025 and signed on its behalf by
Rav PFI.1
tt
Mr
vor Mcmullan
12

Refomed
Presbyterian Church
OF IXILAX'D
CULLYBACKEY CONGREGATION OF THE REFORMED PRESBYTERIAN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS
31 December 2024
ACCOUNTING POUCIES
BASIS OF FINANCIAL STATEMENTS
As the total income of the congregation is less than £250,000 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 Ib) revenue donations or grant5 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 LEGACIE5
UNRESTRICTED
FUNDS
RESTRICTED
FUNDS
ENDOWMENT
FUNDS
TOTAL
2024
TOTAL
2023
Recorded givin8
Loose collection5
Donations and gifts
Gift Aid
134,643
3,240
765
32,667
171,315
2,300
2,051
100
136,943
5,291
865
32,667
175,766
138,387
6,299
6,155
33,313
184,154
4,451
13

Relorrned
Presbyterian Church
OF IKILAK'D
CULLYBACKEY CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF IRELAND
NOTESTO THE ACCOUNT5
31 December 2024
CHARITABLE ACTIVITIES
UNRESTRicfED
FUNDS
RESTRICTED
FUNDS
ENDOWMENT
FUNDS
TOTAL
TOTAL
2024
2023
Wedding & funeral &
graveyard fees
Sale of study books etc.
Miscellaneous income
600
600
1,936
76
3,166
5,178
49
49
2,927
3,576
3,576
INVESTMENT INCOME
UNRESTRICTED
FUNDS
RESTRICTED
FUNDS
ENDOWMENT
FUNDS
TOTAL
2023
TOTAL
2023
Deposit interest
Other investment
income
1,561
17
1,578
971
252
252
53
1,561
269
1,830
1,024
RAISING FUNDS
UNRESTRICTED
FUNDS
RESTRICTED
FUNDS
ENDOWMENT
FUNDS
TOTAL
2023
TOTAL
2023
FWO envelopes
110
iio
180
iio
110
180
14

Relormed
Presbyterian Church
or IkELA.X'D
CHARITABLE ACTIVITIES
UNRESTRICTED
FUNDS
RESTRICTED
FUNDS
ENI)OWMENT
FUNDS
TOTAL
2023
TOTAL
2023
Synodical Assessments
Ministry & support staff
costs
Congregational running
expenses
Donations to missions &
charities
38,490
700
39,190
40,180
49,444
49,444
49,374
118,484
3,332
121,815
58,067
20,579
226,997
3,122
7,154
23,701
234,151
33,201
180,822
FIXED ASSETS
The congregation owns the Church premises situated at 2 Main Street, Cullybackey together with the
associated fixtures, fittings. These have an insurance value of £2,506,602 for buildings and £93,383 for
contents.
FUND BALANCES
FUND
BALANCE RECEIPTS PAYMENTS TRANSFER SURPLUS/ BALANCE
AT START
DEFICIT
ATEND
Unrestricted funds
263,012
176,452
227,107
150,655)
212,357
General fund
263,Q12
176,452
227,107
{5Q,6551
212,357
Restricted funds
Sabbath School account
Youth Account
Women's Fellowship
2,389
1,165
264
563
3,131
2,000
(5691
1,821
1,165
399
4,157
4,720
4,022
7,154
135
(4341
3,818
2,000
3,384
Total
266,830
181,172
234,261
2,000
151,0891
215,741
15

Reformed
Presbyterian Church
OF IKEIA%D
RELATED PARTYTRANSACTIONS
A trustee, the minister of the congregation, received remuneration of £34,274
and expenses of £11,400 for acting in that capacity
None of the other trustees received any remuneration or expenses during the year in
connection with their dutie5.
There were no other related party transactions.
16