## **Richill Park Baptist Church** **Financial Statements for the year ended 31 December 2024** **Registered Charity in Northern Ireland (NIC 109225)** ## **Richill Park Baptist Church STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2024** |**Note**
**Unrestricted**
**Endowment**
**Funds**
**Funds**
**£**
**£**
**Receipts**
Donations and legacies
**2**
48,510
0
Charitable activities
**3**
0
0
Other trading activities
**4**
0
0
Investment Income
**5**
0
0
Other
**6**
0
0
**Total Receipts**
**48,510**
**0**
**Payments**
Raising funds
**7**
0
0
Charitable activities
**8**
50494
0
**Total Payments**
**50494**
**0**
Net receipts / (payments)
**-1,984**
**0**
Transfers between funds
**0**
**0**
**Net movement in funds**
**-1,984**
**0**
**Funds brought forward**
**83,824**
**0**
(Loss)/Gain in investments
**0**
**0**
**Funds carried forward**
**12**
**81,840**
**0**|**Total**
**Total**
**2024**
**2023**
**£**
**£**
**48,510**
**43,537**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**0**
**48,510**
**43,537**
**0**
**0**
**50,494**
**57,292**
**50494**
**57292**
**-1,984**
**-13,755**
**0**
**0**
**-1,984**
**-13,755**
**83,824**
**97,579**
**0**
**0**
**81,840**
**83,824**| |---|---| ## **Richill Park Baptist Church STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2024** |**Note**
**Unrestricted**
**Funds**
**£**
**Funds Reconciliation**
Bank and Cash at start of year
83,824
Net movement in funds
-1,984
**Bank and Cash at end of year**
**12**
**81,840**
**Bank & Cash Balances**
Gift Aid Accounts
Bank Current Accounts
Cash in Hand
**Total Bank and Cash**
**Investments - Endowments**
**Total Assets**
**Other Assets**
Fixed Assets
**10**
Other Investments -Land
**11**
Gift Aid receivable on donations
**est**
**Liabilities**
Loans
Accruals and Sundry Creditors
**Total Assets**|**Total**
**Funds**
**2024**
**£**
**83,824**
**-1,984**
**81,840**
**37,552**
**44,288**
**0**
**81,840**
**0**
**81,840**
**0**
**0**
**2,500**
**2,500**
**-600**
**83,740**|**Total**
**Funds**
**2023**
**£**
**97,579**
**-13,755**
**83,824**
**33,480**
**50,344**
**0**
**83,824**
**0**
**83,824**
**0**
**0**
**5,100**
**5,100**
**-720**
**88,204**| |---|---|---| Approved by the Trustees at a meeting on 15/ 05/ 2025 and signed on its behalf by **Oliver Roebuck Ronald Brolly** Pastor Treasurer ## **Richill Park Baptist Church NOTES TO THE ACCOUNTS for the year ended 31 December 2024** ## **1. 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 for the year ended 31 December 2024 Unrestricted income funds depending upon the purpose for which the endowment was established in the first 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 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 congregation’s general purposes. Designated funds are general funds set aside by the congregation for use in the future. ## **Richill Park Baptist Church NOTES TO THE ACCOUNTS (continued) for the year ended 31 December 2024** |**2. DONATIONS AND LEGACIES**
**Un**
Recorded giving
Donations and gifts
Gift Aid
**Un**
Fundraising events
Membership fees
Grants
**4. OTHER TRADING ACTIVITIES**
**Un**
Letting of premises
Trading income
**5. INVESTMENT INCOME**
**Un**
Deposit interest
General Investment Fund
Conacre Lettings
Other investment income
**6. OTHER INCOME**
**Un**
Insurance claims
Other income
**7. RAISING FUNDS**
**Un**
FWO envelopes
Fundraising events
**8.CHARITABLE ACTIVITIES**
**Un**
Ministry and support staff costs
Congregational running expenses
Donations to Missions and charities
Repairs and Maintenance inc Assets
**9. OTHER EXPENDITURE**
**Un**
Investment properties expenses
**10. FIXED ASSETS**
The congregation does not own any land and property
**11. INVESTMENTS**
The congregation has the following investments. Amounts are show
Total|**restricted**
**Endowment**
**Total**
**Total**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
39,405
**39,405**
**31,082**
0
**0**
**0**
9,105
**9,105**
**12,455**
**48,510**
**0**
**48,510**
**43,537**
**restricted**
**Endowment**
**Total**
**Total**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
0
**0**
**0**
0
**0**
**0**
0
**0**
**0**
**0**
**0**
**0**
**0**
**restricted**
**Endowment**
**Total**
**Total**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
0
**0**
**0**
0
**0**
**0**
**0**
**0**
**0**
**0**
**restricted**
**Endowment**
**Total**
**Total**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
0
**0**
**0**
0
**0**
**0**
0
**0**
**0**
0
**0**
**0**
**0**
**0**
**0**
**0**
**restricted**
**Endowment**
**Total**
**Total**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
0
**0**
**0**
0
**0**
**0**
**0**
**0**
**0**
**0**
**restricted**
**Endowment**
**Total**
**Total**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
0
**0**
**0**
0
**0**
**0**
**0**
**0**
**0**
**0**
**restricted**
**Endowment**
**Total**
**Total**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
36,564
**36,564**
**42229**
10,003
**10,003**
**9783**
2,700
**2,700**
**3700**
1,227
**1,227**
**1580**
**50,494**
**0**
**50,494**
**57292**
**restricted**
**Endowment**
**Total**
**Total**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
0
0
**0**
**0**
**Total**
**Total**
**2024**
**2023**
n at market valuation.
**£**
**£**
**NIL**
**NIL**
**0**
**0**| |---|---| ||**re**
**F**
n a| ## **Richill Park Baptist Church NOTES TO THE ACCOUNTS (continued) for the year ended 31 December 2024** ## **12. FUND BALANCES** |**Fund**|**Balance**|**Receipts**|**Payment**|**Surplus /**|**Transfer**|**Balance**| |---|---|---|---|---|---|---| ||**at start**|||**(Deficit)**|**Gain**|**at end**| ||**£**|**£**|**£**|**£**|**£**|**£**| |**Unrestricted Funds**||||||| |General Fund|**50,345**|37,650|-50,443|-12,793||**37,552**| |Gift Aid|**33,479**|10,860|-51|10,809||**44,288**| ||**83,824**|**48,510**|**-50,494**|**-1,984**|**0**|**81,840**|