dRummauL paRi8h chuRch sc bRigid's ACCOUNTS 2 Drummaul Parish Church: Honorary Treasurer's Report to the parishioners of Drummaul Parish Church. I have pleasure in presenting the financial statements for the year ending 31st December, 2024. The accounts have been prepared on a receipts and payments basis, but in this year, to accurately reflect the position, we have aligned with accruals principles to cover a transfer of cash that was owed in 2024, but was receipted on the first banking day of 2025. All of which is in accordance with applicable accounting standards and under the historical cost convention and in accordance with Charities Law. The surplus of income over expenditure for the year was £14,144.28 The income, with respect to Freewill Offerings, increased by almost £4145.44 over the previous year and there was an additional £3,444 of gift aid claimed this year, some of which related to freewill giving in 2023 and there were several fundraising events including several Table Top Sales events, quizzes, the Christmas Concert and a Praise Night, which raised over £3,600 for parish funds. However, expenses dropped significantly in 2024, primarily due to Rev Kerr leaving in February and the Parish being without an incumbent since then, a reduction in wages of almost £36,000. Most other expenses remained similar to the previous year; however, with the vicarage empty, we have taken the opportunity to carry out some essential renovation work to the vicarage in the second half of 2024, spending £13,000 so far with some further work expected in the first few months of 2025. The £69,324 held in the Ulster Bank Trust Accounts cannot be used by the church as this would be a breach of the Trust conditions. William Spillane Honorary Treasurer 26th January 2025 |Drummaul Parish Financial Statements for the year ending 31/12/2024
Income
Freewill Offerings & Subscriptions
Gift Aid
Special Collections
Down and Connor and Dromore Diocesan
Board of Education
Trust Income and Interest
Contributions from Duneane and Ballyscullion
Churches towards Vicar's Stipend & Expenses
Other Income
Donations
Maintenance Fund Subscriptions
Expenditure
Rev. Derek P. Kerr
Stipend
Locomotory Expenses
National Insurance
(including Employee share)
Pension Fund & Levy
Heating and Office Expenses Allowance
Wages & Services hired
R.C.B. General Fund Levy
Property Expenses - Church
Vicarage
Mission & Charitable Giving
Sunday School Expenses
General Expenses
Insurance
Heat & Light
Telephone
Water Rates
Stationary, Printing & Photocopying
Licenses
Bank Charges & Interest|2024
2023
£
£
46,927.63
42,782.19
9,330.08
5,885.85
2,627.86
3,349.74
0.00
2,681.60
2,406.56
1,985.84
7,103.40
16,212.08
2,615.15
3,718.91
300.00
17,900.00
250.00
280.00
71,560.68
95,311.06
7,125.02
32,370.12
1,005.26
6,031.56
1,423.85
3,039.05
6,473.81
5,852.52
155.00
1,800.00
6,223.06
2,923.08
1,768.68
8,114.36
2,084.12
6,177.63
13,017.07
345.00
1,385.00
4,859.63
470.49
0.00
2,059.35
3,035.09
5,319.12
5,046.94
5,589.60
6,518.00
276.24
254.72
1,050.87
1,161.07
1,095.95
1,025.02
379.28
177.30
514.63
569.06
57,416.40
89,300.15| |---|---| ## Drummaul Parish Church Statement of Affairs at 31st December 2024 |Assets
Ulster Bank Limited
Investment Accounts held in Trust
Current Account
Debtor1
Total Assets
Capital at 1st January 2024
Addition
Surplus for Year
Balance at 31st December 2024
Trust Assets
Church Assets|£
69,324.00
4,911.77|£
69,324.00
(2191.63)
7,103.40| |---|---|---| |||74,235.77| |||60,091.49
14,144.28| |||74,235.77| |||| |||74,235.77| Note 1: Debtor asset refers to the 2024 Duneane & Ballyscullion contribution which was owed in 2024 but received post 31[st] December |Badminton Club Accounts 2024
Capital at 1stJanuary 2024
£
Weekly Fees Received
118.50
Expenses
(200)
Balance at 31stDecember 2024|£
262.50| |---|---| ||118.50
(200)
181.00| ## Bowling Club Accounts 2024 |Bowling Club Accounts 2024|| |---|---| |Capital at 1stJanuary 2024
£
Member Fees Received
210.00
Fees Paid
(70)
Donation to Church
(200)
Donation to Organist for Service
(30)
AC Print (Discs)
(15)
Balance at 31stDecember 2024|£
191.28
86.28| ||| |Maintenance Fund Accounts 2024||| |---|---|---| |||£| |Capital at 1stJanuary 2024|£|1831| |Subscriptions Received|250|250| |Expenses|0|0| |Balance at 31stDecember 2024||2081| Note: The maintenance fund monies are included within the main Current Account figures and have been separated out here for information only lICre￿h H￿1 BT45 8EU Dwmrn•ul P1ri5h Church eT4J 3 DE4r5iT Ih*efectlYed the￿¢0￿mIS01 Drumrnwl P4n5h Church.lort￿￿f1ll￿n¢￿1VewreTrde43loQceMbeI 1024 lorlrthpvndenl exlffllnal￿n I h•vèex•thlned I￿￿•r(g￿nIs.￿Dd blllknveihrn i tiu•indliir ifford, I Inlormotiutt pr¢wthd. JKquipMcCth¥BAA