St Molua's Church, Stormont
Recelpts and Payments Accounts for the Year Ended 31st December 2024
I, General Account
Unrestricted Restricted
Notes Fund5 2024 Funds 2024 Total 2024
Total 2023
Receipts
Free Will Offering
Gift Aid Tax Reclaimed
Investment Interest
Gifts
Special Envelope Collections
Collections for Charitable Appeals
Fu ndraislng Events
Rental of Prem15es
Flower Festlval
Temporary Loan
M iscellaneous Gifts
Sundrles
Revenue held for Organlsatlons
67,382.50
27,383.78
449.64
67,382.50
27,383.78
449,64
9,850,50
5,157.60
3,917.82
5,924.30
5,289.86
65,132.50
15,204.67
443.00
9,850.50
2,551.86
2,882,00
5,157.60
3,917.82
5,924.30
19,561.55
3,185,00
6,000.00
4,500.00
10,275.00
486.21
5,289.86
1,600.00
1,600.00
1,166.00
1,166.00
Total Receipts
107,263.38
20,858.62 128,122.00 130,221.79
Expenditure
Wages & Salaries
Diocesan Costs/Assessments
Adm in55tration Costs
Church Running Costs
I nsurance
Uti lities
Charitable Donatlons
Bank Loan Repayments
Minor Repalrs & Maintenance
Sundries
Transferto Repair Fund
PubllcatSons
Flower Festival Expense5
39,600.38
14,784.15
3,188.46
9,165.QKI
4,680.(X)
6,997.91
39,600.38
14,784.15
3,188.46
9,165.00
4,680.00
6,997.91
7,461.43
4,587.18
4,059.68
7,638.01
15,774.80
60,161.41
17,443.10
3,143,00
9,692.50
9,263.34
5,606.25
4,172.32
9,930.96
2,016.15
7,461.43
4,587.18
4,059.68
7,638.01
io
li
12
15,774.80
884.99
8,088.13
Total Expenditure
94.700.77
23,236.23 117,937.00
130,402.15

Unrestricted Restricted
Note5 Funds 2024 Funds 2024 Total 2024
Total 2023
2. Repair Account {Re5trlcted Funds)
Recelpts
Bank Interest
Transfer from General Account
18.49
15,774.80
18.49
15,774.80
38.58
12
Total Incorne
15,793.29
15,793.29
38.58
Payment5
Messy Church Expenses
JAM Club Expenses
Outreach Expenses
Bank Fees
Flower Festival Expenses
155.95
946.18
808.74
155.95
946.18
808.74
32.05
3,189.15
34.10
6,102,00
32.05
Total Payments
1,910.87
1,942.92
9,325,25

Summary of Receipts and Payment-General Account
YEAR 2024
YEAR 2023
Total Receipts
128,122.00
130,221,79
Total Payments
117,937.00
130,402.15
Surplus (Deficitl
10,185.00
1. 180.36)
Summary of Recelpts and Payments- Repair Account
YEAR 2024
YEAR 2023
Total Recelpts
15,793.29
38.58
Total Payments
1,942.92
9,325.25
Surplus {Deficit)
13,850.37
{_9,286,67)
RECONCILIATION OF CASH FUNDS
Cash in Current
Account
Cash in Repalr
Account
Total
Total cash funds at l January 2024
11,170.61
19,223,98
30,394.59
Receipts for the Year 2024
128,122.(M)
15,793.29
143,915.29
Payments for the Year 2024
117,937.00
1,942.92
119,879.92
Total cash funds at 31 December 2024
21,355.61
33,074.35
54,429.96

Statement of Assets and Liabilities as at 31 December 2024
Unrestricted
Funds 2024
Restricted
Funds 2024
Total 2024
Total 2023
CASH FUNDS
Current Accounts
21,355.61
33,074.35
54,429.96
30,394.59
Total Cash Funds
21,355.61
33,074.35
54,429.96
30,394.59
INVESTMENT ASSETS
Investment In RCBICIT UnSt
Trusts
10,000.00
10,000.00
io,000,00
Total Investment Assets
10,000.00
10,000.00
10,000.00
ASSETS RETAINED FOR THE
PARISH'S OWN USE
Church and Hall
3,753,717.00
3,753,717.00
3,753,717.00
Rectory
310,000.00
310,000.00
3 10,000.00
Total Asset5 Retained For The
Parish's Own Use
4,063.717.00
4,063,717.00
4,063,717.00
LIABILITIES
Busine55 loan wlth Danske Bank- outstanding Balance as at 31 December 2024 £11,300.75
The flnanclal statement above was presented to trustees on 24 March 2025 and signed on behalf of
the Trustees.
Trustee I
rances Hastie
24 March 2025
Trustee 2
Sharon Beck
24 Marth 2025

NOTES TO THE FINANCIALSTATEMENT FOR THE YEAR ENDING 31" DECEMBER 2024
Accounting Policies
Set out below a re the prlncipal accounting pollcles which have been adopted in the compilation of
the Receipts and Payments Account and the Statement of Assets and Liabilities:.
la) Receipts and Payments Account
All items of Income and expenditure included within the Receipts and Payments Account
have been accounted for on a cash recelpts basis.
bl Statement of Assets and Liabilities
The assets of the Parish, retained for its own use are the Church Building, the Parochlal
Hall and the Rectory. The figures glven in respect of the value of the Church and Hall is
value provlded by the Church's Insurers. The value of the Rectory Is based on the current
valuation for rateable purposes.
Purpose of Restricted Funds
Restricted funds are funds subjected to specified requirements as to their use which may be
declared by the donor or wlth their authority or created through legal processes but st511 withln the
wlder objects of the Pa rlsh. The main source of restrlcted funds in St Molua's is the Repalr Fund
which is used to fu nd sign ificant structural projects within the Ch urch PremlsÈs, including the
Rectory and mlssion work with earmarked funding. The only expenditure out of the Repair Fund in
2024 was for MSsslon work as there were no major project works undertaken in 2024.
other sources of Restricted Fund5 were fund raising events and charltable contributions whlch were
earmarked for speclflc purposes.
Purpose of U nrestrlcted Funds
Unrestrlcted funds are expendable at the discretion of the trustees In furtherance of the objectives
of the Church.
Conflict of Interest
No trustee or a person related to a trustee had any personal interest In any contract or transaction
entered into by the Charlty during the year.

INCOME
l. Speclal Envelopes / Collectlons
Contact Magazine
Malntenance
Gift Day
Harvest
Carol Service
Total
£365.00
£2,775.00
£395.00
£1,390.00
£232.60
£5 157.60
2. Charitable Appeals
Bishops, Appe31123}
Blshops, Appe311241
Christia n Aid
Church Ministry of Healing
Down & Dromore Bike Appeal
Scrlpture Unlon (Chu rch Unity)
Total
£350.00
£382.00
£1,730.50
£326.00
£1,047.32
£82.00
3. Fundralslng Events
Ca lendars
£20.00
Quiz & Curry Nlght
£670.IXI
Sprlng Coffee Mornlng
£962.00
Donation for Posters
£45.00
Musical Evenlng- Stormont Choir
£1,079.00
Groomsport Gardenlng- Evenlng Meal £540.IK)
Harvest Supper
£400.(KI
Carrick Walking Group- Morn Coffee £105.(KI
Chrlstmas Fare
£1,052.30
Chrlstmas Hamper
£451.lJJ
Brea kfast with Santa
£600.00
Total
4,3
4. Rental / Hall Hlre
Badminton Club
CSM Property
Conslentio
Dundonald Arts Club
Hat Trick
Kiddle Mart
Knock Presbyterlan
Melisma
NIO
Party Hire
USOCM
Zumba
Total
£350.00
£33.00
£250.00
£1,590.00
£350.00
£80.00
£95.00
£250.00
£355.86
£104.00
£ioo.00
£1732.00
289

5. Sundrie5
Repayment of Copyright Penalty
Collection for Farewell Present
Total
£550.00
£1050.￿
6. Revenue Held for Organisations
Bookclub
Little Angels
Messy Church
Stormont Choir
Total
£500.00
£134.00
£52.00
£480.00
£1 166 00
EXPEIVDITURE
7. Administ¥ation
Copyright Licences
Entertaln ment Llcence
Photocopier
IT & Software Licences
statlonery & Postage
Total
£509.72
£50.00
£1,796.26
£347.99
£484.49
3 188.46
8. Church Running Costs
Clean ing Contractor
Organists & Organ
Malntenance
Supply M ini5ters
Total
£3,600.00
£5,115.00
£450.00
9. Payments Made to Charities
Bible Society INI)
Black Santa Appeal
Blshops Appeal
Christian Aid
Christians Against Poverty
Church Ministry of Healing
Down & Dromore Bike Appeal
Dundonald Food Bank
Mercy Ship5
Mission to Seafarers
Reaching Hand
Scrlpture Union
Total
£200.00
£900.00
£350.00
£1,707.11
£1250.00
£525.00
£1,247.32
£600.00
£200.00
£200.00
£200.00
£82.00

10. Minor Repairs
Rectory Roof
£200.00
Security Alarms
£137.32
Rectory Boiler Servlcing
£70.00
Flre Fighting Equip Servicing
£202.56
se￿icIng & Repair of Boilers
£1,510.80
Electrical Testing
£1,424.00
Replacement Frid8e Freezer {Rectory} £515.00
Total
11. Sundries
Bank Fee5
Book Club Expenses
Catering Expenses
Copyright Penalty
Land & Property 5eNices- Rates
Ministerfs Farewell Presentallon
Publlcatlons
Short Term Loan Repayment
Royal school of Music
Total
£175.87
£172.08
£355.79
£550.00
£1,353.78
£1,050.00
£97.49
£3,750.IJ)
£133.00
12. Transfer to Repalr Account {Restricted Funds)
Specif led Gifts & Donations
£9,850.50
Fundraising Revenue
£5 9?.4.30
Total
13. Repalr Account {Restrlcted Funds}
Openlng Balance as at l January 2024
£19,223.98
Income
Bank Interest
£18.49
Transferred from General Account
E15 774.80
Totul Income
£15 793.29
Expenditure
Me55y Church
£155.95
Jam Club
£946.18
Outreach
£808.74
Bank Fees
£32.05
Total Expenditure
£1942.92
Closing Balance a5 at 31 December 2024
£33 074.35