BALLYCLABBER REFORMED PRESBYTERIAN CHURCH
CONGREGATION OF THE REFORMED PRESBYTERIAN CHURCH OF
IRELAND
Trustees Annual Report and Financial Statements
for the year ended 31 December 2024
Registered Charity in Northern Ireland (NIC1063751

BALLYCLABBER REFORMED PRESBYTERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN CHURCH
OF IRELAND
STATEMENT OF FINANCIAL AcfiviTY (Receipts and Payments Account)
for the year ended 31 December 2024
Note
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Receipts
Donations and legacies
Charitable activities
Other trading activities
Investment Income
Other
91,569
9,069
100,638
99,193
250
6.386
250
7,262
1,032
4,791
600
876
98,205
9.945
108,150
105,616
Sale of Investments
Sale of fixed assets
Loans Received
Total Receipts
98,205
9.945
108,150
105,S16
Payments
Charitable activities
(76,184)
(4,765)
180.9491
183,4001
Other
{17,3461
{1,222)
(18,568}
134,6521
Total Payments
(93,530)
(5,987}
199,5171
{118,052)
Net receipts / Ipayrnentsl
Transfers between funds
4,675
3.958
8,633
112,4361
Net movement in funds
Funds brought forward
4,675
48,355
3.958
65.574
8.633
113,929
112,4361
126,365
Funds carried forward
li
53.030
69,532
122,562
113,929
12

BALLYCLABBER REFORMED PRESBYTERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN CHURCH
OF IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2024
Unrestricted
Funds
Restricted Endowment Total Funds
Funds
Funds
2024
Total Funds
2023
Funds Reconciliation
Bank and Cash at start of year
Net movement in funds
48,355
4,675
65,574
3,958
113,929
8,633
126,365
112.4361
Bank and Cash at end of year
53.030
69,532
122,562
113,929
Bank & Cash Balances
Bank UB Account
Ulster Bank 3062
Progressive 3998
Progressive 7104
56.902
4,302
21.993
39,365
48,591
4,540
21,432
39,365
122,562
113,929
Other Assets
Fixed Assets - Note 9
Church buildings and
contents
Communion Set
Ride on Lawnmower
Sextons House
Investments- Note 10
Gift Aid Debtor
2,959.285
2.959,285
4,116
4,787
260,411
66,611
17,267
4,116
4,787
260,411
46,717
18,064
3,312,477
3,293,380
3,435,039
3,407,308
Liabilities
IN/AI
{N/AI
Approved by the Session at a meeting and signed on its behalf by
Rev. James Blair
Mr. lan Mcclelland
Date..
Date: 2911 OIZ025.
29/10125
13

BALLYCLABBER REFORMED PREsB￿ERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN CHURCH
OF IRELAND
NOTES TO THE ACCOUNTS
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
f irst 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 activitv
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
2024
Total
2023
Recorded giving..
Loose Collections-FWO
Donations and Gifts
Gift Aid
Legacies and Bequests
73.002
1,300
17,267
73,002
10.369
17,267
66,207
14,331
18.655
9.069
91.569
9,069
100.638
99,193
14

BALLYCLABBER REFORMED PRESBYTERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN CHURCH
OF IRELAND
NOTES TO THE ACCOUNTS
31 December 2024
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Income from charitable activities
Fees from weddings and funerals
Fundraising events
Membership fees
Grants
OTHER TRADING ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Letting of premises
Wayleave
250
250
1,010
22
250
250
1,032
INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Deposit interest
General Investment Fund
Rents investment properties
665
5.721
876
1,541
5,721
1,034
3,757
6,386
876
7,262
4,791
15

BALLYCLABBER REFORMED PRESBYTERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH
OF IRELAND
NOTES TO THE ACCOUNTS (conVd}
31 December 2024
OTHER INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Repairs fund
Energy support payment
600
600
CHARITABLE ACtIVlTIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
WO envelopes
Presbytery Fees
Ministry and support staff costs
Congregational running expenses
Donations to Missions and
charities
Committees
Camp fees
141
235
49,383
8.146
1,219
141
235
49,383
8,176
5,954
131
220
43,602
3,516
16,091
30
4,735
17.060
17,060
19,840
76,184
4,765
80,949
83,400
8. OTHER EXPENDITURE
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2024
Total
2023
Sexton
Repairs
Other church expenses
Rates, heat and light
Gift Aid
Office Conversion
3.000
370
2,083
11.764
129
3,000
1,592
2,083
11,764
129
2,850
2,452
1,941
11,049
1,222
16,360
17,346
1.222
18,568
34,652
16

BALLYCLABBER REFORMED pREsB￿ERlAN CHURCH CONGREGATION OF THE REFORMED
PRESBYTERIAN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
FIXED ASSETS
The congregation owns the Church premises situated at 35 Ballyrashane Road. Coleraine, BT52 2NL and
the associated fixtures, fittings, plant and machinery. These have an insurance value of £2,968,188.
The congregation also owns the Sextons house at the same address, Wlth an insurance value of £260,411.
10. INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation.
2024
2023
Barclays Shares16321
HSBC Shares {88591
1,675
64,936
974
56,343
66,611
57,317
17

BALLYCLABBER REFORMED PRESBYfERIAN CHURCH CONGREGATION OF THE REFORMED
PRE5BYfERIAN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
11. FUND BALANCES
Fund
Balance at
start
Receipts Payment Surplus /
(Deficit)
Transfer Balance at
end
Unrestricted Funds
General Account
Ulster Bank 062
48.036
319
98,204
193,529}
4,675
52,711
319
48,355
98,204
{93.5291
4,675
53,030
Restricted Funds
General Account
Ulster Bank 062
Progressive 3998
Progressive 7104
556
4,221
21.432
39,365
9.069
(4,7651
(1.2221
4,304
11,222)
561
315
16691
984
4,191
3,983
21,993
39,365
561
315
13151
65,574
9,945
(5,987}
3,958
69,532
Endowment Funds
N/A
Total
113.929
108.149
(99.516)
8,633
122,562
18