MOUNTPOTTINGER NON-SUBSCRIBING PRESBYTERIAN CHURCH
INCOME AND EXPENDITURE ACCOUNT SUMMARY FOR 2024
| INCOME | EXPENDITURE | ||
|---|---|---|---|
| Income for 2024 | £ 7,564.62 | Expenditure for 2024 | £ 7,814.84 |
| Deficit for the Year |
(£ 250.22) | ||
| ___ | ___ | ||
| £ 7,564.62 | £ 7,564.62 | ||
| ___ | ___ | ||
| STATEMENT OF FUNDS | |||
| Opening Balance @ 1-1-24 | |||
| General Fund | £ 1,113.16 | ||
| Changes to General Fund: | |||
| General Fund_Deficit_for the year | ( £ 250.22) |
||
| ______ | |||
| ____ | |||
| £ 862.94 | |||
| ____ | |||
| Closing Balance @ 31-12-24 | |||
| General Fund | £ 862.94 | ||
| ___ | |||
| £ 862.94 | |||
| ___ | |||
| Accounts prepared by: | |||
| Adrian Moir, Hon. Treasurer. | |||
| Audited by: | |||
| Michael Hynds, FCA |
NI Charity Registration No: NIC 103537
MOUNTPOTTINGER NON-SUBSCRIBING PRESBYTERIAN CHURCH
INCOME AND EXPENDITURE STATEMENT 2024
INCOME
| Year to 31-12-24 Year to 31-12-23 | Year to 31-12-24 Year to 31-12-23 | |
|---|---|---|
| Amount (£) | Amount (£) | |
| Free Will Offering Envelopes | 2,685.00 | 2,830.00 |
| Plate Collections: Sunday Service | 121.00 | 112.00 |
| Tax Refund under Gift Aid | 346.43 | 461.90 |
| N.S.P. Magazine subscriptions | 36.00 | - |
| Private donation(s) | - | 1,850.00 |
| NSPCI Womens’ League Appeal | 20.00 | - |
| Rental from Bright Umbrella Drama Co | 1,000.00 | 1,000.00 |
| Power NI Energy Support Voucher | - | 600.00 |
| National Churches Trust Grant | - | 8,500.00 |
| Dividends from M&G Charifund | 3,356.19 | 3,103.11 |
| ____ | ____ | |
| INCOME FOR YEAR | £ 7,564.62 | £ 18,457.01 |
| ____ | ____ |
MOUNTPOTTINGER NON-SUBSCRIBING PRESBYTERIAN CHURCH
INCOME AND EXPENDITURE STATEMENT 2024
EXPENDITURE
| EXPENDITURE | ||
|---|---|---|
| Year to 31-12-24 Year to 31-12-23 | ||
| Amount (£) | Amount (£) | |
| Ministerial Supplies | 3,220.08 | 1,633.36 |
| Visiting Preachers | - | 120.00 |
| Electricity | - | 626.57 |
| Water charges | - | 99.92 |
| N.S.P. Magazines (annual subscriptions) | - | 32.01 |
| Treasurer’s Honorarium | 48.00 | 48.00 |
| Insurance Premium | 709.23 | 700.52 |
| Presbytery Fees | 100.00 | 200.00 |
| Joint Incidental & Moderatorial Fund | 110.00 | 110.00 |
| Sunday Schools Fund | 2.00 | 2.00 |
| Sustentation Fund | 180.00 | 150.00 |
| Trustee Company | 10.00 | 10.00 |
| Bodel MacKenzie Fund | 5.00 | 5.00 |
| Ministers’ Widows Fund |
60.00 | 60.00 |
| Orphan Society | 40.00 | 40.00 |
| Porter Fund | 15.00 | 15.00 |
| Christian Ministries (formerly Students & Ministers) Fund | 30.00 |
30.00 |
| Benevolent Fund Appeal | - | 25.00 |
| Moderator’s Appeal (Shelter Box) | 200.00 | - |
| Womens’ League Appeal | 20.00 | - |
| Royal British Legion Poppy Appeal | 30.00 | 25.00 |
| Property Repairs & Improvements | 1.040.00 | 1,160.00 |
| Ordination Stationery | - | 46.80 |
| Ordination Catering | - | 99.65 |
| Legal Services provided by Diamond Heron | 390.00 | 1,831.00 |
| Architect’s Fees (Kennedy Fitzgerald) | - | 8,500.00 |
| Purchase of Charifund Income Units | 1,500.00 | 2,500.00 |
| Auditor’s Fee | 70.00 | 70.00 |
| Bank Fees & Charges | 35.53 | 36.93 |
| _____ | ____ | |
| EXPENDITURE FOR YEAR |
£ 7,814.84 | £ 18,176.76 |
| _____ | ____ | |
| SURPLUS / (DEFICIT) FOR YEAR |
£ (250.22) | £ 280.25 |
MOUNTPOTTINGER NON-SUBSCRIBING PRESBYTERIAN CHURCH
INVESTMENT SUMMARY
| 2024 M&G Charifund: Amount of Holding @ 1-1-24 3,694.429 Acquisitions/(Disposals) during 2023: 99.036 __ Amount of Holding @ 31-12-24: 3.793.465 Valuation of M&G Charifund Holding (as at 31-12-24): DIVIDENDS RECEIVED FROM INVESTMENT IN 2024: |
income units |
|---|---|
| income units income units £ 55,854.98 £ 3.356.19 |
Notes on: Sunday School, Women’s League & Restoration Fund Accounts
(i) A total balance of £ 255.12 belonging to the Sunday School Account is being held in the General Account of the Church since its transfer on 8-9-1995.
(ii) A total balance of £ 161.40 belonging to the Women’s League Account is being held in the General Account of the Church since its transfer on 2-2-2009.
(iii) A total balance of £ 84.35 belonging to the Restoration Fund Account is being held in the General Account of the Church since its transfer on 25-6-2021.