Magherahamlet Financial Statement for the Year ending 31[st] December 2024
Magherahamlet Financial Statement for the Year ending 31[st] December 2024
Magherahamlet Church ad Hall Income for 2023 NIC 102122
| DONATIONS & PLATE COLLECTIONS | ||
|---|---|---|
| FREE WILL OFFERING | 16042.5 | |
| LOOSE COLLECTION | 886.92 | |
| HARVEST COLLECTIONS | 2070 | |
| DONATIONS | 957.47 | |
| 19956.89 | ||
| CHARITY COLLECTIONS | ||
| CHARITY DONATIONS | 2108.6 | |
| 2108.6 | ||
| PROCEEDS FROM FUND RAISING EVENTS | ||
| BADMINTON CAKE SALE | 1593 | |
| CHRISTMAS FAIR | ||
| SUNDAY SCHOOL FUNDRAISING | ||
| 1593 | ||
| BANK & DEPOSIT INTEREST | ||
| BANK INTEREST | 17.35 | |
| 17.35 | ||
| INVESTMENT INCOME | ||
| INVESTMENT RB UNIT TRUSTS | 7083.54 | |
| INVESTMENT CIT UNIT TRUSTS | 412.41 | |
| RCB SCHEME INCOME | 3.9 | |
| LAND LETTING | 650 | |
| 8149.85 | ||
| NIE WAYLEAVE & GRAVEYARD FEES | ||
| NIE WAYLEAVE | 34.87 | |
| BURIAL FEE & GRAVEYARD FEES | ||
| (HEADSTONE) | 765 | |
| 799.87 | ||
| OTHER RECEIPTS | ||
| GIFT AID TAX RECOVERY | 6164.98 | |
| COOKSTOWN TEXTILES | 168 | |
| 6332.98 | ||
| HALL INCOME | ||
| DONATIONS | 880 | |
| 880 | ||
| TOTAL RECEIPTS | 39838.54 |
WAGES & SALARIES
1 Registered with the Charity Commission for Northern Ireland NIC 102122
Magherahamlet Financial Statement for the Year ending 31[st] December 2024
| RECTORS'S STIPEND | 15732 | |
|---|---|---|
| CLERGY SUPPLY | 950 | |
| ORGANIST | 2640 | |
| RELIEF ORGANIST | 100 | |
| NATIONAL INSURANCE CONTRIBUTIONS | 1356.62 | |
| 20778.62 | ||
| DIOCESAN COSTS/ASSESSMENT | ||
| CLERGY PENSION | 3379.92 | |
| GENERAL FUND | 3286.1 | |
| 6666.02 | ||
| CHURCH RUNNING COSTS | ||
| ELECTRICITY | 1813.93 | |
| GENERAL SUPPLIES (PETROL/CHRISTMAS | ||
| TREE) | 263.61 | |
| INSURANCE CHURCH AND HALL | 1916.41 | |
| LEGAL EXPENSES INSURANCE | ||
| SUNDAY SCHOOL EXPENSES | ||
| GIFTS | 303.33 | |
| CHURCH REPAIRS | ||
| WATER CHARGES | 149.97 | |
| 4447.25 | ||
| GLEBE COSTS | ||
| RATES | 389.76 | |
| RECTORY REPAIRS AND MAINTENANCE | 110.24 | |
| PHONE CHARGES | 281.15 | |
| 781.15 | ||
| ADMINISTRATION COSTS | ||
| FWO ENVELOPES 2025 | 245.98 | |
| COPYRIGHT LICENCE | ||
| BANK FEES | 111.44 | |
| POSTAGE STAMPS ETC | 122.75 | |
| PRINTING/PHOTOCOPYING | 1029.24 | |
| 1509.41 | ||
| CHARITY PAYMENTS (COLLECTIONS) | ||
| LEPROSY MISSION | 148.1 | |
| CHRISTIAN AID | 139 | |
| BISHOPS APPEAL BIKES FOR MARIDI | 551 | |
| POPPY APPEAL FUND | 139 | |
| STAR NI | ||
| DEANS SIT OUT | ||
| CMSI | 313 | |
| MISSION TO SEAFARERS | ||
| MAKE A MOTHER'S DAY APPEAL | 106 | |
| CANCER FUND FOR CHILDREN (DAISY LODGE AND NARINA | ||
| NEWCASTLE) |
2 Registered with the Charity Commission for Northern Ireland NIC 102122
Magherahamlet Financial Statement for the Year ending 31[st] December 2024
| AIR AMBULANCE | 143 | |
|---|---|---|
| BISHOP'S APPEAL GAZA | ||
| CHURCH MINISTRY AMONG JEWISH PEOPLE | ||
| RNLI | ||
| ROYAL BLACK PERCEPTORY | 195 | |
| CHARITY PAYMENTS (Christmas) | ||
| church army | ||
| bible societ ni | ||
| SUNFLOWER FELLOWSHIP (ROMANIA) | ||
| NI CHILDREN'S HOSPICE | ||
| C OF I BOARD FRO SOCIAL RESPONSIBILITY | ||
| 1734.1 | ||
| HALL COSTS | ||
| BANK FEES | 36.8 | |
| ELECTRICITY | 634.18 | |
| HALL MAINTENANCE | 1700 | |
| HEATING OIL | 288.96 | |
| GENERAL | 161.76 | |
| BOILER | 75 | |
| FIRE ALARM AND EMERGENCY LIGHTING | ||
| MAINTENANCE | 246 | |
| 3142.7 | ||
| TOTAL PAYMENTS | 39059.25 |
3 Registered with the Charity Commission for Northern Ireland NIC 102122
Magherahamlet Financial Statement for the Year ending 31[st] December 2024
Magherahamlet Parish Church and Hall Receipts for 2024
| Unrestricte | Endowme | |||
|---|---|---|---|---|
| d Funds | Restricted | nt Funds | Total | |
| 2024 | Funds 2024 | 2024 | Funds | |
| Receipts | £ | £ | £ | £ |
| Donations, plate and charity | ||||
| collections | 19956.89 | 2108.60 | 22065.49 | |
| Proceeds from fund raising | ||||
| events | 1593.00 | 1593.00 | ||
| Bank & Deposit Interest | 17.35 | 17.35 | ||
| Investment income | 8149.85 | 8149.85 | ||
| NIE Wayleave & Graveyard | ||||
| Fees | 799.87 | 799.87 | ||
| Other Receipts | 6332.98 | 6332.98 | ||
| Hall Income (Donations | 880.00 | 880.00 | ||
| Total Receipts | 36849.94 | 2988.60 | 0.00 | 39838.54 |
Magherahamlet Parish Church and Hall Payments for 2024
| Unrestricte | Endowme | |||
|---|---|---|---|---|
| d Funds | Restricted | nt Funds | Total | |
| 2024 | Funds 2024 | 2024 | Funds | |
| Payments | £ | £ | £ | £ |
| Wages & Salaries | 20778.62 | 20778.62 | ||
| Diocesan costs/assessment | 6666.02 | 6666.02 | ||
| Church running costs | 4447.25 | 4447.25 | ||
| Glebe Costs | 781.15 | 781.15 | ||
| Administration costs | 1509.41 | 1509.41 | ||
| Fundraising and other costs | 0 | |||
| Charity payments | 1734.10 | 1734.10 | ||
| Parish Hall Costs | 3142.70 | 3142.70 | ||
| Total Payments | 34182.45 | 4876.80 | 0.00 | 39059.25 |
4 Registered with the Charity Commission for Northern Ireland NIC 102122
Magherahamlet Financial Statement for the Year ending 31[st] December 2024
Magherahamlet Parish Church and Hall Reconciliation of accounts at the 31/12/2024
| Cash Book | |
|---|---|
| Opening Balance | 36692.4 |
| Add income | 39838.54 |
| = | 76530.94 |
| Less expenditure | 39059.25 |
| = | 37471.69 |
| Bank Balance | |
| Church bank balance | |
| 31/12/24 | 20774.51 |
| hall bank balance | |
| 31/12/2024 | 14747.22 |
| closing balance 31/12/2024 | 35521.73 |
| Add late lodgements | 2804.5 |
| = | 38326.23 |
| Less outstanding cheques | 854.54 |
| = | 37471.69 |
STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST DECEMBER 24
| Unrestricted | Restricted | Endowment | Total | |
|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |
| 2024 £ | 2024 £ | 2024 £ | 2024 £ | |
| Cash Funds | ||||
| Current Accounts | 20774.51 | 14747.22 | 35521.73 | |
| Total Cash Funds | 20774.51 | 14747.22 | 0 | 35521.73 |
| Investment Assets | ||||
| Investment in RCB Unit | ||||
| Trusts | 304369.89 | 304369.89 | ||
| Total investment Assets | 0 | 304369.89 | 0 | 304369.89 |
| Assets retained for Parish's | ||||
| own use | ||||
| Parish Hall | 315000 | 315000 | ||
| Fixtures and Fittings | 12000 | 12000 | ||
| Glebe lands | 70000 | 70000 | ||
| Total Assets retained for | ||||
| Parish's own use | 0 | 397000 | 0 | 397000 |
5 Registered with the Charity Commission for Northern Ireland NIC 102122
Magherahamlet Financial Statement for the Year ending 31[st] December 2024
6 Registered with the Charity Commission for Northern Ireland NIC 102122
Magherahamlet Financial Statement for the Year ending 31[st] December 2024
7 Registered with the Charity Commission for Northern Ireland NIC 102122