**GATEWAY CHRISTIAN FELLOWSHIP** 

|**Gateway Christian Fellowship**|**2024 Accounts**|||||
|---|---|---|---|---|---|
|||||||
|**Receipts**|||**Payments**|||
|**Opening Balance**|**5,404.54**||**Minister**|||
|Adjustment to 2023 closingbalance- error in 2023 entry|0.10||Salary|7,726.13||
|Freewill Offering- envelopes|6,260.00||PAYE Income Tax,Employer's & Employee's NI|1,253.56||
|Freewill Offering- bank transfers|24,526.05||Pension|1,149.00||
|Cash in collection|321.86||HousingAllowance|600.00||
|Donations from individuals|1,595.00||Pulpit Supply& Mileage|3,062.00||
|Payments received for minister's retirement meal andgift|725.00||RP Minister's Conference|110.00||
|Returnedpayment from minister'spensionprovider|160.00||Retirement Gifts for Stephen Neilly|385.00||
|**Payments from wider church**|||Retirement Meal for Stephen Neilly- Maldron Hotel|330.00||
|Covenant FellowshipGalway (€2,000)|1,630.00||**16 Claremont Manse**|||
|Mission Committee- Home Section- contribution to rent|5,000.00||Rates|944.52||
|TrinityRP Church- contribution to fit-out|2,500.00||Buildings Insurance|417.66||
|Dervock RP Church-general contribution|200.00||Management CompanyService Charge|295.00||
|Western Presbytery- loan for buildingwork|20,000.00||Repairs-plumbingand roof|575.00||
|**Gateway Shop Sales**|||New Gas Boiler|2,100.00||
|Sales bycard|4,661.16||BuildingControl Certificate for Boiler|101.92||
|Sales bycash|2,133.03||**Meeting place - 13a Pump Street**|||
|**Other**|||**Building Fit-out**|||
|Rates refund on sale ofproperty|396.53||BuildingWork|3,816.00||
|**Manse sale- 16 Claremont Manse**|||Electrical Work|4,800.00||
|Saleprice: £278,000|||Suspended Ceiling|1,824.00||
|Church share- 4/7 of net saleproceeds|156,006.03||Kitchen|2,770.00||
||||Fridge,Dishwasher and Microwave Oven|670.99||
||||Mechanical Ventilation System|2,244.00||
||||Carpet|1,470.00||
||||Signs|925.00||
||||BuildingControl Application Fee|291.92||
||||Paint and tiles|209.86||
||||Furniture/Fittings- Church meetingarea|1,191.28||
||||Furniture/Fittings- Shop|2,097.28||
||||**Building Running costs**|||
||||Rent(£15,000per annum- firstquarter rent free)|11,250.00||
||||Service Charge and Buildings Insurance contibution|683.83||
||||Internet|393.10||
||||Gas Boiler Servicing|60.00||
||||Fire equipment and alarm checks|431.35||
||||Electricity|431.33||
||||Contents insurance|47.78||
||||Toiletries|15.07||
||||**Shop Stock**|||
||||Covenanter Bookshop- Christian Books|1,400.00||
||||Other stockpurchased|4,959.05||
||||**Literature and Advertising**|||
||||Leaflets,outreach literature and calendars|184.86||
||||PresbyteryFinancial Reports|65.00||
||||Minutes of Synod|14.00||
||||Sabbath School Materials|130.15||
||||Bible ReadingNotes|74.00||
||||Bible studybooks|163.80||
||||**Other Expenses**|||
||||Public & Employer's LiabilityInsurance|702.96||
||||Bank Fees|340.18||
||||Donaldson & Thompson Accountants- Payroll|172.80||
||||Website costs|72.00||
||||**Payments to Wider Church**|||
||||RP Synod Missions Target|1,430.00||
||||RP Synod MinistryTarget|1,260.00||
||||**Other Payments**|||
||||Diaconal assistance in case of need|364.00||
||||Gift to member movingaway|19.99||
||||**Manse Sale- 16 Claremont Manse**|||
||||Repayment of loan to Western Presbytery|||
||||Entire 4/7 of net saleproceeds received|156,006.03||
|||||||
||||**Closing balance at 31 December 2024**|**9,487.90**||
|||||||
||£231,519.30|||£231,519.30||
|||||||
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**GATEWAY CHRISTIAN FELLOWSHIP** 

|**Gateway Christian Fellowship**||||||
|---|---|---|---|---|---|
|**Statement of Assets and Liabilities**||||||
|**Year Ended 31 December 2024**||||||
|||**Unrestricted**|**Total**|||
|||**Funds**|**2024**|||
|||**£**|**£**|||
|**Funds Reconciliation**||||||
|Cash at bank as at 1 January2024||5,404.45|5,404.45|||
|||||||
|Surplus thisyear end||4,083.45|4,083.45|||
|||||||
|**Cash at bank  as at 31 December 2024**||9,487.90|9,487.90|||
|||||||
|**Bank Balance**||||||
|Bank Current Account|||9,487.90|||
|||||||
|||||||
|**Assets retained for the charity's own use(Unrestricted Fund)**||||||
|4/7 Share in 16 Claremont Manse,Derry|||80,000.00|||
|Disposal of 4/7 Share in 16 Claremont Manse,Derry|||-80,000.00|||
||||0.00|||
|||||||
|Fixtures and Fittings|||6,700.00|||
|Shopstock|||6,500.00|||
||||13,200.00|||
|**Liabilities(Unrestricted Fund)**||||||
|Loan from RPCI Western Presbyteryforproperty|||80,000.00|||
|Interest on loan charged in 2024 relatingtoperiod from 2025 to 2024|||76,006.03|||
|Loan from RPCI Western Presbyteryfor shopfit-out|||20,000.00|||
|Total Liabilities|||176,006.03|||
|||||||
|Loan and interest repayment- 16 Claremont Manse|||-156,006.03|||
||||20,000.00|||
|||||||
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