E L F A S T •• THE EAST BELFAST PRESBYTERY OF THE PRESBYfERIAN CHURCH IN IRELAND Financial Statements for the year ended 31 December 2024 Reglstered Charity in Northern Ireland {NIC1064351
EAST B ELFAST 141 Es8YfERY OF THE PRESBYfERIfvA CHURCH IN IRELA> STATEME (% FINANCIPI PLTIMTY (Recapts & PawTrents A(tount) fly the year Umled 31 Decem1 2024 Desiznale Mission Fd$ Inc¥Jental Funds )te Total 2024 Total 2023 Receipts IrKomirq reSrCeS aLX) X>.933.62 20.933.62 2Q3592 Totsl fecopts ooj 20,933.62 20.933.62 359.92 Char rtable A£t wrtts Ckher 2L631.1 (r) 21.631.1 o.fx) 21047.18 OCD ao) Total P•ynents oco 21.631.1 21.631.( 2L047.18 Net Receipts / (p•irnentsl Twsfers betsveen (637.431 oco (637.43) 0.0) 1687. 261 olx) Net rnovement in fLmds Funds Ix(xJ8ht luivard o. 3.7.70 1637.43) 6.1)yJ.85 1&37.43) 9.786.55 Iq473.81 Funds carrtd forward 3,7.70 5. 368.42 9,149.12 9.7*55
EAST BELFAST IIIESBYTERY OF ThE PRESBYtERIAN OIURCH IN IREiAM) srATEMENT C ASSETS AND UABILMES fLY the yojr amled 311)ecOml 2024 Oesi¢Mred Mission Funds Infidentol Fffids Total 2024 Tat•lX123 Funds Rttonciliaticn 8ar& and cash at start cl se Net movemert in f(mds 3.780.70 0.0) &.85 1637.431 9. 786.55 1637.431 10.47331 (687.26) 8• cash at end (4 3.780.70 S36&42 9. 149.12 9.7&5.55 Bank and ¢4sh balartes Bar& MisiLYtS IncentalS 3.847.31 5,3)L81 3.7W.70 6.aS.85 9. 149.12 9..55 (Xlyw Assets NIL oo) iiobililie5 NIL 0.0) 9. 149.12 9,.55 th Approved by the Presbytery at a meeting on 9 September and signed on its behalf by Rev Marty Gray (Moderator) Date: 9th September 2025 Re Stephen Moore (Clerk) Date: 91h September 2025
THE EAST BELFAST PRESBYfERY OF THE PRESBYfERIAN CHURCH IN IRELAND NOTESTO THE ACCOUNTS 31 December 2024 ACCOUNTING POUCIES BASIS OF FINANCIAL STATEMENTS As the total income of the presbytery is less than £250,000 the presbytery has 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. These accounts do not incorporate the accounts of the congregations assigned to the Presbytery. These have a separate legal identity and are individually registered with the Charity Commission for Northern Ireland. FUND ACCOUNTING Endowment funds are funds, the capital of which must be retained either permanently or at the presbytery'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 {al income from endowments which is to be expended only on the restricted purposes intended by the donor and Ib) revenue donations or grants for a specific presbytery 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 presbytery's 8eneral purposes. Designated funds are general funds set aside by the presbytery for use in the future.
EAST BELFAST PRESBYfERY [ THE IIIESBYfERIAN CHURCH IN IRELAND NOTESTOTHE CJNrs for year ffided 31 Decerrl)er 2024 I Incominz RvA)urtes Designated Mi95ion Funds Restricted Incidenial Fufvds Total 2024 Totsi 2023 Presbytery Fees Otktr PreSbery Service o.c o.(y) 0.0) 19.612.00 66.62 1.315.00 19.612.C 66.62 L315.CD 1&66L17 oco 169&75 20.YJ3.62 20,933.62 2q359.92 th•iitable Acbvitiv arnl SuPrt CcfjtS Desi8nated Mi%•on unds RestrKted Incidenial Funds Total 2024 Total 2023 Clerk'5 Salary Clerk's NIC Clerk's Persion Apprerrt Iceship Le Deputy Cie rk'5 Salary ApprtIceShiP Le Moderntor's EXn5 Chaplain's ExperGes Stat onary. Poage & Copwng Presbytery Service Student Boc& GrwLs Insurance Surdry EXrGe5 9,X8.80 1.270.80 2,210.16 46.08 4.fA*I.40 23.04 9,20& L270.8) 1210.16 46.1 4.634.40 23.( 477a20 1210. 4.385.16 2L42 ocr) o.ct) L315.Q) LCOO.CO 387.17 765.f a(x) 0.00 1.315.IX) i.(Lt).(x) 387.17 765.60 L7021 35&( 854.88 21.631.05 2 1.631.05 2 L047.18
EAST BELFAST PRESBERy OF ThE PRESBY¥ERIAN CHUftCH IN IREiAM> NY)TES TO THE ACWUNTS (conL..) f(w the yea r eThled 31 Dttembu 2024 Fund Balae5 Balance ai art Surplusl FWKI Receipts Payment Transf end Designated Fld% Mssion Fld5 3.783.70 66.61 o(x) 6&61 0.0) 3.847.31 3.?.70 66.61 o. 66.61 o. 3.847.31 Re$lted Furnls Incidental FurKI 6.OC6.85 20.927ni {21.$31.C6) 04.() oco S. >)1.81 6,CYYJ.85 20.927.01 121,631.1 04.041 5.3X.81 Totsl 9,786.55 20.933.62 121.631.05) 1637. 431 o.cD 9. 149. 12 S I Pa8e
The Account is currubtly S1t into Three fun(k Detsils of exh fund are belrnv FuThl l Ge(al OFenin8 Balance Income EXndrtUre C109n8 Balance 6.CIYJ.85 19.612.01 20.316.05 5.X)1.81 . . ILMdes £2.OXI fcy conwltat icn fee5 Furnl 2 Youth Furnl 3 Mission Furnl OnIng 801ce Income Exsx rKJiture Clognz Baknce L39).91 66.61 o.cr) 1.417 52 Openry 8aknce IrKune Expendrtwe Closirff Baknce 2.429.79 1.315.( 1.315. 2.429.79 all lu1$ OFening Balance Income ExFtndrture Total of all Fun& 9.786.55 20.9J3.62 21.$31.05 IA12