Portadown (Bethany) Free Presbyterian Church
Latest income
£482k
Latest spending
—
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that unrestricted reserves stood at £5,526,424 against total income of £482,075, indicating a strong financial position. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. No material uncertainties or risks to going concern were disclosed.
What the accounts disclose
Highest-paid employee band: Under £60,000
“No trustee or employee received remuneration in excess of £60,000 in the year.” — page 23
Per FY2024 accounts as filed with CCNI.
Payments to trustees: A trustee receives salary and expenses as minister.
“A trustee of the Church receives salary and expenses in connection with his employment as minister of the Church.” — page 23
Per FY2024 accounts as filed with CCNI.
Related-party transaction: A trustee of the Church receives salary and expenses in connection with his employment as minister of the Church. The salary is included within salaries and pensions in note 8 of the financial statements. The minister is employed by the Church on a full time basis.
“A trustee of the Church receives salary and expenses in connection with his employment as minister of the Church. The salary is included within salaries and pensions in note 8 of the financial statements. The minister is employed by the Church on a full time basis.” — page 23
Per FY2024 accounts as filed with CCNI.
Employees paid over £60,000: 0
Per FY2024 accounts as filed with CCNI.
Independent examiner: GMcG PORTADOWN Chartered Accountants
Per FY2024 accounts as filed with CCNI.