BELFAST FIRST CHURCH OF THE NAZARENE
140a Skegoneill Avenue BELFAST BT15 3JR
ACCOUNTS FOR THE PERIOD ENDED 30th SEPTEMBER 2025
JAB Accountancy 103 Cregagh Road Belfast BT6 8PY
BELFAST FIRST CHURCH OF THE NAZARENE
ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 30TH SEPTEMBER 2025
| CONTENTS TRUST INFORMATION INCOME & EXPENDITURE STATEMENT BALANCE SHEET NOTES TO THE ACCOUNTS |
PAGE |
|---|---|
| 1 2 3 4 - 5 |
BELFAST FIRST CHURCH OF THE NAZARENE
TRUST INFORMATION
TRUSTEES Mrs Lynne Duncan Mrs Lynda Heron Ms Tracy Mather Mrs Christine Molloy Mrs Lynn Myers Mr Will McCallion Mr William Nicholl CHARITY NUMBER 106405 ACCOUNTANTS JAB Accountancy 103 Cregagh Road Belfast BT6 8PY BANKERS Ulster Bank 202 - 206 York Street Belfast BT15 1HY
Page 1
BELFAST FIRST CHURCH OF THE NAZARENE
INCOME & EXPENDITURE STATEMENT FOR THE PERIOD ENDED 30th SEPTEMBER 2025
| RECEIPTS Tithes / Gifts Gift Aid Room Hire Dedicated Gifts Interest Receivable Shop Sales Others EXPENDITURE Pastor's Employment Costs Pastor's Travel Expenses Salaries Shop Rent Outreach Light & Heat Water Rates Equipment Expensed Equipment Hire Speaking Fees Insurance Repairs and Maintenance Accountancy Mission / Outreach Charitable Donations Conferences BIND Contribution Gifts Childrens Ministry Subscriptions Sundry Expenses Printing, Posting & Stationery Cleaning Bank Fees / Charges NET SURPLUS |
Year Ended 30 Septmber 2025 £ 18,713 24,300 1,897 - 839 17,342 7,548 70,639 16,870 89 13,522 6,075 1,396 5,521 1,031 110 869 2,400 3,146 10,004 510 2,928 90 - 7,986 1,292 100 453 - 322 2,968 80 77,762 7,123 - |
Year Ended 30 Septmber 2024 £ 20,871 24,663 3,872 - 804 20,309 4,552 |
|---|---|---|
| 75,071 7,876 - 16,582 6,000 1,816 8,214 776 16 - 1,826 3,121 10,135 492 3,353 4,175 992 8,150 6,333 772 - 134 244 2,227 105 |
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| 83,339 | ||
| 8,280 - |
Page 2
BELFAST FIRST CHURCH OF THE NAZARENE
BALANCE SHEET AS AT 30TH SEPTEMBER 2025
| Notes FIXED ASSETS Tangible Assets 2 CURRENT ASSETS Debtors 3 Bank and Cash Balance CURRENT LIABILITIES Accruals 4 CURRENT ASSETS LESS CURRENT LIABILITIES TOTAL ASSETS Creditors due after more than one Year 5 NET TOTAL ASSETS FINANCED BY Other Reserves Income and Expenditure Account MEMBERS' FUNDS |
2025 £ - 73,374 73,374 510 |
2025 £ 1,267,363 72,864 1,340,227 - 1,340,227 1,347,350 7,123 - 1,340,227 |
2024 £ - 81,919 81,919 1,932 |
2024 £ 1,267,363 79,987 |
|---|---|---|---|---|
| 1,347,350 | ||||
| - | ||||
| 1,347,350 | ||||
| 1,355,630 8,280 - |
||||
| 1,347,350 |
Approved by the Board:
We confirm that:
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i) we approve the accounts set out on pages 3 and 4 and confirm that we are responsible for them, including the selection of the accounting policies and the judgements underlyhing them.
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ii) we have made available to TaxAssist Accountants, all the accounting records of the Church and have provided them with all the information necessary for the completion of the accounts.
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iii) to the best of our knowledge and belief, the accounting records reflect all the transactions entered into by the Churchin the year ended 30th September 2024.
Chrstine Molloy - Trustee
Tracy Mather - TREASURER
DATE
On behalf of Belfast First Church of the Nazarene
Page 3
BELFAST FIRST CHURCH OF THE NAZARENE
NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 30TH SEPTEMBER 2025
ACCOUNTING POLICIES
1.1 ACCOUNTING CONVENTION
The accounts are prepared under the historical cost convention modified when necessary to include the revaluation of certain fixed assets
1.2 TANGIBLE FIXED ASSETS AND DEPRECIATION
Depreciation is calculated to write off the net cost of fixed assets over their estimated useful lives at the following rates:
Fixtures and Fittings 25% Straight Line
TANGIBLE ASSETS
| COST As at 1st October 2024 Disposals Additions As at 30th September 2025 DEPRECIATION As at 1st October 2024 Eliminated on Disposal Charge for the Year As at 30th September 2025 NET BOOK VALUE As at 30th September 2025 As at 30th September 2024 |
Land & Buildings Freehold 1,267,363 - - 1,267,363 - - - - 1,267,363 1,267,363 |
Equipment Total 34,859 1,302,222 - - - - 34,859 1,302,222 34,859 34,859 - - - - 34,859 34,859 - 1,267,363 - 1,267,363 |
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Page 4
BELFAST FIRST CHURCH OF THE NAZARENE
NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 30TH SEPTEMBER 2025
| 3 4 5 |
DEBTORS Gift Aid Receivable Gift Aid is now reported on an actual received basis CREDITORS Accruals CREDITORS DUE AFTER MORE THAN ONE YEAR BIND - Nazarene Church |
2025 £ - - 510 510 - - |
2024 £ - |
|
|---|---|---|---|---|
| - 1,932 |
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| 1,932 - |
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| - |
Page 5