RefCxrnj Ftesbyterian Chur OF IKELA¥D BALLYLAGGAN CONGREGATION OF THE REFORMED PRESBYTERIAN CHURCH OF IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2024 Unrestrirted Restricted Endowment Funds Funds Funds Total 2024 Total 2023 Note Receipts Donations and legacies Charitable activities Other trading activities Investment Income Other 93,723 6,324 100,047 113,642 1,350 1,350 1,350 95,073 6.324 101,397 114,992 Sale of Investments Sale of fixed assets Loans Received Total Recelpts 95,073 6,324 101,397 114,992 Payments Raising funds Charitable activities Investment costs Other 345 68.804 345 100,137 325 158,261 31.333 69,149 31,333 100,483 158,586 Purchase of Investments Purchase of fixed assets Loan Repayments Total Payments 69,149 31,333 100,483 158,586 Net receipts / (payments) Transfers between funds Net movement in funds Funds brought fonmard Funds carried forward 25,924 -25,713 211 122,083 122,293 -25,009 25,713 704 11,176 11,880 915 -43,594 915 133,259 134,173 -43,594 176,853 133,259 131Page
Refom Preswerian Churth OF IKELP4h'D BALLYLAGGAN CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF IRELAND STATEMENT OF FINANCIAL AcfiviTY (Receipts and Payments Account) for the year ended 31 December 2024 Unrestricted Funds Restrirted Endowment Funds Funds Total 2024 Total 2023 Note Fund Reconciliations Bank and cash at start of year Net movement in funds Bank and cash at end of year 122,083 211 11,176 704 133,259 915 134,173 176,853 -43,594 133,259 122,293 11,880 Bank & Cash Balances Bank Deposit Account Bank Current Account Cash Account 71,181 62,992 71,096 62,163 134,173 133,259 Other Assets Fixed Assets- Note 7 Church buildings and contents Manse buildings and contents 2,169,263 2,046,473 550,500 530,500 2,719,763 2,576,973 Liabilities Loans Others Approved by the Kirk Session at a meeting on 26th October 2025 and signed on its behalf by Rev David T Fallows Mr Robert Mccahon th 26 October 2025 26 October 2025 141Page
RefrJTn Presbyterian (UrCh OF IRELAND BALLYLAGGAN CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF IRELAND NOTES TO THE ACCOUNTS for the year ended 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. Restritted 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 balan 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 Unrestrirted Funds Restrirted Endowment Funds Funds Total 2024 Totsl 2023 Recorded giving: Loose collections Donations and gifts Gift Aid Legacies and bequest 80,605 6,324 86,929 99,228 14,468 14,468 14,414 95,073 6,324 101,397 113,642 151 Page
Ref(xmaY Presbyterian Church OF IXELAND BALLYLAGGAN CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF IRELAND NOTES TO THE ACCOUNTS for the year ended 31 December 2024 CHARITABLE ACTIVITIES Unrestrirted Funds Restrirted Endowment Funds Funds Total 2024 Total 2023 Income from charitable activities: Fees from weddings and funerals Fundraising events Membership fees Grants OTHER TRADING ACTIVITIES Unrestrirted Funds Restrlrted Endowment Funds Funds Total 2024 Totsi 2023 Income from charitable activities: Letting of premises Trading income 161 Page
Reform Presbyterian Church OF IKELAND INVESTMENT INCOME Unrestricted Funds Restricted Endowment Funds Funds Total 2024 Total 2023 Deposit interest General Investment Fund Rents investment properties Other investment income 1,350 1.350 1,350 1,350 1,350 1,350 RAISING FUNDS Unrestrirted Funds Restrirted Endowment Funds Funds Total 2024 Total 2023 FWO envelopes Fundraising events 345 345 325 345 345 325 171 Page
Ref(xmj Presbytorian {rCh OF IItELAP4D BALLYLAGGAN CONGREGATION OF THE REFORMED PRESBYTERIAN CHURCH OF IRELAND NOTES TO THE ACCOUNTS for the year ended 31 December 2024 CHARITABLE AcfiviTIES Unrestricted Funds Restrirted Endowment Funds Funds Total 2024 Totsl 2023 Presbytery fees Ministry and support staff costs Congregational running expenses Donations to Missions and charities Governance costs 295 38,156 30,698 295 366 38,156 28,416 30,698 96,932 31,220 32,660 31,220 113 31,333 113 212 69,149 0 100,483 158,261 FIXED ASSETS The congregation owns the Church premises situated at Curragh Road, Aghadowey, Coleraine BT514BS and the associated fixtures, fittings. plant and machinery. These have an insurance value of £2,719,763 at last renewal date. 181Page
Reform1 Presbyterian (ur BALLYLAGGAN CONGREGATION OF THE REFORMED PRESBYTERIAN CHURCH OF IREIAND NOTES TO THE ACCOUNTS for the year ended 31 December 2024 9. Summa of Accounts Balance Sur lu Oeficit Balance at End Retei ments Tfrln Out Unrestricted Funds General Fund Building Fund Investments 37,738 19,076 65,269 122,083 72,832 22,240 42,997 26,152 29,713 122 37,860 19,164 65,269 211 122,293 88 95,073 69,149 29,713 Restricted Funds Missions RP Finance 12,(XIO 12,CMXI 10,000 10.0 113 113 150 150 3,200 250 Sabbath School Leprosy Mission OM Ships SCSF Women's Fellowship Women's Fellowship Women's Fellowship 3.21x1 250 4.611 1,009 4,762 1.478 85 6,324 151 469 85 632 4,867 5.827 11,176 5,336 5,912 11.880 31.333 25.713 704 133.259 101.397 100,483 29,713 29.713 915 134,173