Church of God IArmagh) Statement of Flnanclal Actlvlty IRecelffjs and Payments Ac¢ountl for the Year Ended 31 March 2025 Note Unrestricted Funds Restricted Fund5 Endowment Fund5 Total 2025 Total 2024 Recelpts Donations & Legacies Investment income Other income 4.877 871 15,557 20,434 871 32,367 1,610 Total Recelpts 5,748 15,557 21,305 Payrnent5 Ch?ritable Activities 5,827 32,979 38,806 23,371 Total PayrnentS 5.827 32.979 38.806 Net Receipts I Payments Transfers net 1791 120,0001 {17,4221 20,000 117,5011 10,606 Net movement in funds 120.0791 2,578 117,5011 10,606 Funds brought forward 01 April 2024 248,156 254,726 244,120 Deduct non cash/bank related Endowment Funds Funds tarried forward 31 March 2025 228.077 9.148 237,225 254,726
Church of God IArmagh} Statement of Assets and Llabilities as at 31 March 2025 Unrestricted Funds Restricted Funds Endowment Funds Total 2025 Total 2024 Fund5 Reconciliation Bank and cash atstèrtofyear 248.156 6,570 254,726 244,120 Net movement in fund5 120.0791 2,578 117,5011 10,606 Bank &cash atend of year 228,077 9,148 237,225 254,726 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts 22,513 14.712 21,641 33,085 Total 37,225 54,726 other Assets Flxed A55ets Church Premise5 20D,000 200,000 200,ODO 200,000 Other 237,225 254,726 Approved by Iru5tees on 23 1212025 and signed on its behalf by.. Trustee Date.. 23112/2025
Church of God {Armaghl Notes to the Accounts- Year Ended 31 March 2025 ACCOUNTING POLICIE5 BASIS QF FINANCIALSTATEMENTS A5 the total Income of the congregation is le55 than £250,000 the congregation have elected in accordance with the provisions in The Charities (Accounts and Reports Regulations (Northern Ireland) 2015 to prepare its accounts on a receipt5 and payment5 ba515. FUND ACCOUNTING Endowment fund5 are funds, the c3Pltal of which must be retained elther permanently or at the congregation's discretion,. the incorne derived from Ihe endowment is to be used either as restricted or unrestricted Income fund5 depending upon the purpose for which the endowment wa5 established in the first place. Restricted funds comprlse lal income frorn endowments which is to be expended only on the restrlcted purposes intended by the donor and Ibl revenue donations or grants *or a speciflc con8re6ational activity intended by the donor. Where these funds have unspent balance5, interest on their pooled investrnent Is apporrloned to the individual funds on an average balance basis. Unrestricted funds are incorne funds whlch are to be spent on the conEregation'5 general purposes. Designated funds are general fund5 set aside by the congregation for use in the future. RECEIPTS Z, DONATION5 & LEGACIES Unrestricted Funds Restricted Funds Endowment Funds Total 2025 Donations and Gifts Gift Ald 1.282 3.595 15,557 16,839 4.877 15.557 20,434 3. INVESTMENT INCOME Unrestricted Funds Restricted Funds Endowrnent Funds Total 2025 Dep051t Interest 871 871 871 871 4. OTHER INCOME Unrestricted Funds Restricted Funds Endowrnent Fvnds Total 2025 Other- From Knocknaclov other- From Dungannon Church
Church of Gud (Arrnaghl Notes lo the Accounts - Year Ended 31 March 2025 PAYMENTS 5. CHARITABLE ACTIVITES Unresirl¢ted Funds Restricted Funds Endowment Funds Total 2025 Congregational running expenses Donations to Missions and charlties Governance Costs 4,687 4,687 32,979 32,979 1.140 32,979 6. FIXED A55ETS The congregatlon own5 the Church premises situated at 22 Newry Road Hall. Armagh. Co. Arma8h BT60 IEH and the 3ssoclared fixtures and fittings.
Churth of Gud IArmagh) Notes to the Accounts- Ypar Ended 31 Marth 2025 7. FUND BALANCES Balance atstart Receipts Payment5 Surplus/ (Deficit Tran5fer5 nett Balance at end Unre5trlrted Funds General Bank Deposit Account General Fund 26,515 21,641 200,000 4,877 871 5,827 19501 871 120,0001 5,565 22,512 200,000 248,156 5.748 5,827 1791 120,0001 228,077 Restrlrted Fund5 Lord's servants Bulldings Repalrs / Maintenance Outreach 15pecial Need5 992 4,198 1,380 11.510 20 4,027 18,500 16,9901 20 110,4521 6,500 2,000 11.500 502 6,218 2,428 14.479 6.570 15.557 32.979 17.4221 20,000 9,L48 Endowment Funds Totol Funds 254,726 38.806 17,501 237,225