## CARRICKFERGUS CHURCH OF THE NAZARENE
## UNAUDITED FINANCIAL STATEMENTS
## 30TH SEPTEMBER 2025
## CHARITY NUMBER 106437
MCG Accountants 3a. 8 Kilroot Business Centre Carrickfergus BT38 7PR T: 02890434562
E: mail@mcguinnessandco.co.uk
## CARRICKFERGUS CHURCH OF THE NAZARENE
## FINANCIAL STATEMENTS
## YEAR ENDED 30TH SEPTEMBER 2025
|CONTENTS|PAGE|
|---|---|
|Trustees Annual Report|1|
|Independent examiners report to the trustees|2|
|Statement of financial activities|3|
|Balance Sheet|4|
|Notestothefinancialstatements|5|
The following pages do not form part of the financial statements Detailed statement of financial activities
9
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## CARRICKFERGUS CHURCH OF THE NAZARENE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30th SEPTEMBER 2025
**----- Start of picture text -----**
|||||||||
|---|---|---|---|---|---|---|---|
|>|2025|2024|
|INCOMING|RESOURCES|
|Incoming|resources|from|generating|funds:|
|Voluntary|Income|150,074|170,081|
|Total|incoming|Resources:|150,074|170,081|
|OUTGOING|RESOURCES|
|Charitable|Activities|162,825|143,114|
|Total|Outgoing|Resources|162,825|143,114|
|NET INCOMING|(OUTGOING)|RESOURCES|FOR|THE|YEAR|-12,751|26,967|
|RECONCILIATION|OF|FUNDS:|
|Total|funds|brought|forward|1,157,141|1,130,174|
|TOTAL|FUNDS|CARRIED FORWARD|1,144,390|1,157,141|
**----- End of picture text -----**
The statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised ganis and losses has not been prepared.
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All of the above amounts relate to continuing activities.
## CARRICKFERGUS CHURCH OF THE NAZARENE ~~BALANCE SHEETAS AT 30theeee—esseeeee SEPTEMBER 2025
|FIXEDASSETS|2025||2024|
|---|---|---|---|
|Landand Buildings
Fixturesand Fittings|1,085,000
2,771||1,085,000
3,379|
||1,087,771||1,088,379|
|CURRENT ASSETS:||||
|Bank CurrentAccount
Bank DepositAccount
Nazarene Missions International|14,364
41,747
988|26,556
40,332
2,354||
||57,099|69,242||
|CURRENT
LIABILITIES:||||
|Creditors andAccruals|480|480||
||480|480||
|NETCURRENTASSETS:|56,619||68,762|
|NETTOTALASSETS|1,144,390||1,157,141|
|FINANCED BY:||||
|UnrestrictedIncomeFunds|1,144,390||1,157,141|
These financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
These financial statements were approved by the members of the committee and authorised for issue and signed on their behalf by // 4 / ak MV EeVA4CO/a a Date. 27 e2| 2026
;
# CARRICKFERGUS CHURCH OF THE NAZARENE
# NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30TH SEPTEMBER 2025
## 1. ACCOUNTING POLICIES
.
## Basis of Accounting
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2018), and the requirements of the Statement of Recommended Practice ‘Accounting and Reporting by Charities’ issued in March 2005 (SORP 2005).
## Fixed Assets
All fixed assets are initially recorded at cost.
## Depreciation
Depreciation is calculated so as to write off the cost of the asset, less its estimated residual value, over the useful economic life of that asset as-follows:
|Fixtures and Fittings
Land and Buildings|18% Reducing Balance
0%||
|---|---|---|
|2. VOLUNTARY INCOME||2025|
|GiftAid Returns
D
.
onationsand
Legacies||14,765
1,545|
|Miscellaneous Income
Offerings
Offerings GiftAid
Specials IN|.|9,916
48,357
51,898
691|
|Building Fund||30|
|Rental income
Missions Prayerand fasting
Missions Offerings
Compassionate Ministries
Interest Received
Youth International||9,800
4,443
4,629
1,240
1,415
1,345|
|TotalFunds||150,074|
## CARRICKFERGUS CHURCH OF THE NAZARENE
## NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30TH SEPTEMBER 2025
3. COSTS OF ACTIVITIES BY FUND TYPE
**----- Start of picture text -----**
~ Unrestricted Total
Funds 2025
Religious Activity 162,825 162,825
4. COSTS OF ACTIVITIES BY ACTIVITY TYPE
Direct Total
Activities 2025
Religious Activity 162,825 162,825
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5. NET INCOMING RESOURCES FOR THE YEAR:
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This is stated after charging: ‘
2025
Depreciation 608
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6. STAFF COSTS AND EMOLUMENTS
Salaries cost for the year was £73,852.
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## CARRICKFERGUS CHURCH OF THE NAZARENE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30TH SEPTEMBER 2025
7. DEBTORS
## Prepayments
. 2025 -
8. CREDITORS
Accruals
2025 480
9. UNRESTRICTED INCOME FUNDS:
Bal Incoming Outgoing Balance 1/10/24 30/09/25 General Funds 1,157,141 150,074 162,825 1,144,390
## 10. ANALYSIS OF NET ASSETS BETWEEN FUNDS
|||Tangible|Net Current||
|---|---|---|---|---|
|||Fixed Assets|Assets|Total|
|Income|Funds|1,087,771|56,619|1,144,390|