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2024-12-31-accounts

McCRACKEN MEMORIAL PRESBYTERIAN CHURCH

INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 DECEMBER 2024
UNRESTRICTED RESTRICTEDENDOWMENT TOTAL TOTAL
FUNDS FUNDS FUNDS 2024 2023
£ £ £ £ £
INCOME
Donations and Legacies 125,796 55,575 - 181,371 179,628
Charitable Activities 33,646 - - 33,646 32,559
Other Trading Activities 2,159 - - 2,159 2,100
Investment Income 19,047 - 794 19,841 18,917
Total Receipts 180,648 55,575 794 237,017 233,204
PAYMENTS
Raising Funds - - - - -
Charitable Activities 187,659 47,930 794 236,383 251,141
Total Payments 187,659 47,930 794 236,383 251,141
Net Receipts/(Payments) -7,011 7,645 - 634 -17,937
Transfer between funds - - - - -
Net Movement in Funds -7,011 7,645 634 -17,937
STATEMENT OF ASSETS AND LIABILITIES YEAR ENDED 31 DECEMBER 2024
UNRESTRICTED RESTRICTEDENDOWMENT TOTAL TOTAL
FUNDS FUNDS FUNDS 2024 2023
£ £ £ £ £
Bank Accounts at start of year 13,169 1,483 - 14,652 17,740
Surplus/(Deficit) for the year -7,011 7,645 - 634 -17,936
Cost of shares sold 10,496 - - 10,496 14,848
Bank Accounts at end of year 16,654 9,128 25,782 14,652
General Investment Fund PCI £ £ £
30,186 shares at cost 190,943 - 25,925 216,868 231,716
1,461 shares sold @ £13.6968 -10,496 - - -10,496 -14,848
180,447 25,925 206,372 216,868
28,725 shares valued on 31.12.24 367,334 33,581 400,915
30,186 shares valued on 31.12.23 370,221 32,065 402,286
INSURANCE VALUATION £ £
Church 5,935,713 5,746,092
Halls 1,483,928 1,436,523
Manse 741,962 718,259
8,161,603 7,900,874