Manna Minlstrie& The Olde Path5 Statement of Financial Activity (Receipts and Payments ACuntI for the Year Ended 31 March 2024 Note Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Receipts Donation5 & Legacies Investment income 1,360 1,360 Total Receipts 1.360 1,360 Payments Raising Funds Charitable Activlties 6.140 6.140 Total Payments 6.140 6,140 Net Receipts / Payments Transfers net (4.7801 {4,7801 Net movement in funds 14.7801 14,7801 Funds brought forward 01 April 2023 52,072 52,072 Deduct non cash/bank related Endowment Funds Funds carried fonvard 31 March 2024 47.292 47.292
Manna Ministries. The Olde Paths ststement of Assets and Liabtlities as at 31 March 2024 Unrestrirted Funds Restricted Funds Endowment Funds Total 2024 Funds Reconciliation Bank and cash at start of year 52.072 52,072 Net movement in funds 14,7801 14.7801 Bank & cash at end of year 47.292 47,292 Bank & Cash Balances 8ank Current Accounts 47,292 Total 47,292 Memorandum Note Only Fixed Assets Approved by trustees on 1110612024 and signed on its behalf by= Tr tee Trustee Date.. 1110612024 Date.. 1110612024
Manna Ministries, The Olde Paths Notes to the Accounts- Year Ended 31 Marth 2024 ACCOUNTING POLlaES BASIS OF FINANCIAL STATEMENTS As the total income of the congregation is le55 than £250.iN)O the congregation have elected in accordance with the provisions in The Charities (Accounts and Reports Regulations (Northern Ireland) 201S to prepare its accounts on a receipts and payments basi5. FUND ACCOUNTING Endowment funds are funds. the capital of which must be retained either pemianently or at the congregation's discretion,. the income derived from the endowment is to be used either as restrirted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place. Restricted funds comprise lal income from endowments which is to be expended only on the restrirted purposes intended by the donor and Ibl revenue donations or grants for a specific congregational activity intended by the donor. Where these funds have unspent balance5, interest on their pooled investment Is apportioned to the individual funds on an average balance basis. Unrestricted funds are income fijnds which are to be spent on the congregation's general purpose Designated funds are general funds set aside by the congregation for use in the fvture. RECEIPTS 2. DONATION5 & LEGACIES Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Recorded Giving Donations & Gifts Gift Aid 1.360 1.360 1.360 1,360 3. INVESTMENT INCOME unStricted Fund5 Restrirted Funds Endowment Funds Total 2023 Deposlt Interest
Manna Ministries. The Olde Paths Notes to the Accounts-year Ended 31 Marth 2024 PAYMENTS 4. RAISING FUNDS N/A 5. CHARITABLE AcfiviTES Unrestricted FuTrd5 Restricted Funds Endowment Funds Total 2023 Ministry & Support Staff Congregational running expenses Governance Costs Donations to Missions and Charities 3,424 1.716 3.424 1,716 1,000 6.140 6,140 6. FIXED ASSET5 The buildings and contents are heritage.
Manna Ministries, The Olde Paths Notes to the Accounts-year Ended 31 Marth 2024 7. FUND BALANCES Balance at start Receipts Payments Surplus/ (Deficit) Transfers nett 8alance at end Unrestricted Funds General PayPal 52.065 1.360 6.140 14.7801 47,285 52.072 1.360 6.140 14,7801 47,292 Restricted Funds Total Funds 52.072 1,360 6,140 4,780 47,292