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2024-12-31-accounts

Church of Ireland

LAMBEG PARISH

ANNUAL ACCOUNTS FOR 2024

NIC 101735

Receipts and Payments for the year ended 31 December 2024

Unrestricted Restricted Total
Funds Funds 2024
Receipts £
Freewill Offerings & Plate Collections 95,186.60 95,186.60
Gift Aid Tax 16,273.17 16,273.17
Development Fund Offerings 10,726.00 10,726.00
Investment Income 2,378.71 281.59 2,660.30
Special Collections 5,867.40 5,867.40
Subscriptions from Organisations 1,300.00 1,300.00
Donations 2,960.34 5,369.48 8,329.82
Fund raising 3,896.50 3,896.50
Property Income 1,350.00 500.00 1,850.00
Other Income 2,942.75 1,460.00 4,402.75
Graveyard Revenue 6,512.00 1,850.00 8,362.00
Girls’ Brigade 4,993.76 4,993.76
Parish Groups 3,364.14 3,364.14
Total Receipts
138,667.47 28,544.97 167,212.44
Payments
Stipend/salaries & expenses
62,210.13 21,696.87 83,907.00
Diocesan Assessments 11,455.92 11,455.92
Disbursements to Missions 9,387.40 9,387.40
Insurances 7,073.43 7,073.43
Property expenses
10,136.88 10,136.88
Graveyard Expenses 13,334.00 13,334.00
Servicing of Equipment 5,596.86 5,596.86
Young People/ Sunday School 557.95 557.95
Other expenses 8,858.21 8,858.21
Building repairs 4,926.00 4,926.00
Bank fees and interest 480.86 97.01 577.87
Girls’ Brigade 4,714.47 4,714.47
Parish Groups 2,243.23 2,243.23
Total Payment 129,091.64 33,677.58 162,769.22
Surplus for year 9,575.83 (5,132.61) 4,443.22

Opening balances 1 January 2024 £ £ Current Accounts 47,585.89 Saving Accounts 33,270.35 Parish Groups 529.05 Girls Brigade 2,975.36 Surplus for year (unrestricted funds) 9,575.83 Balances as at 31 December 2024

88,803.87 36,348.68

Investment (COI Trustees)

Total Assets 125,152.55

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STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2024

Fixed Assets Investments ( COI Trustees)

36,348.68

Current Assets No 1 Account 28,171.02 No 2 Account 21,767.31 Deposit Account (Bank of Ireland) 24,550.31 Sproule Bursary Fund (BOI) 8,399.83 Mary Bustard Memorial (BOI) 1,010.79 Parish Groups 1,649.96 Girls’ Brigade 3,254.65

88,803.87

Net current assets 88,803.87 Total assets 125,152.55