Page 1 of 1 Printed: 16 February 2024
Statement Of Financial Activities
Stormont Presbyterian Church
Period: 01/01/2023 to 31/12/2023
| Unrestricted | Restricted | Endowment | 2023 | 2022 | |
|---|---|---|---|---|---|
| Income Sources | |||||
| Regular Direct Giving | |||||
| Recorded Giving (FWO, Special and CMF) | 106,305.87 | 23,104.00 | 129,409.87 | 129,914.00 | |
| Gift Aid received on Recorded | 23,797.71 | 4,781.00 | 28,578.71 | 27,849.46 | |
| Loose Collections | 785.00 | 1,955.00 | 2,740.00 | 2,391.55 | |
| Donations and Legacies | |||||
| Gift Days, Special Collections and Donations | 683.00 | ||||
| Legacies and Bequests | 500.00 | ||||
| Received for Congregational Organisations | 170.00 | 170.00 | |||
| Donations from Congregational Organisations | 11,470.50 | 11,470.50 | 8,390.03 | ||
| Armistice Sunday | 470.00 | 470.00 | 650.00 | ||
| Christian Aid | 111.00 | 111.00 | |||
| Activities that Generate Income | |||||
| Income from Church Events | 120.00 | 20.00 | 140.00 | 1,456.14 | |
| Church Magazines | 446.00 | 446.00 | 179.00 | ||
| Weddings, funerals, etc. | 800.00 | 800.00 | 700.00 | ||
| Investment Income | |||||
| Bank and Building Society Interest | 1,153.32 | 1,153.32 | 565.13 | ||
| Other Income Sources | |||||
| Miscellaneous Income | 2,921.65 | 2,921.65 | 4,300.00 | ||
| Total Incoming Resources | 146,724.05 | 31,687.00 | 0.00 | 178,411.05 | 177,578.31 |
| Resources Expended | |||||
| Central Church Assessments | |||||
| Central Ministry Fund | (4,573.00) | (4,573.00) | (4,438.00) | ||
| PCI Pension Scheme (2009) Fund | (12,323.25) | (12,323.25) | (11,736.00) | ||
| Widows of Ministers Fund | (935.00) | (935.00) | (924.00) | ||
| Incidental Fund | (3,740.00) | (3,740.00) | (3,422.00) | ||
| Prolonged Disability Fund | (935.00) | (935.00) | (739.00) | ||
| Ministerial Development Fund | (416.00) | (416.00) | (425.00) | ||
| Sick Supply Fund | (42.00) | (42.00) | (56.00) | ||
| Church House Repairs Fund | (2,078.00) | (2,078.00) | (1,387.50) | ||
| Presbytery Fees & Special Assembly | (1,078.00) | (1,078.00) | (1,484.50) | ||
| Minister's National Insurance | (6,823.50) | (6,823.50) | (6,723.25) | ||
| Students, inc Students' Bursary Fund | (1,919.00) | (1,919.00) | (2,002.00) | ||
| Ministry and Support Staff | |||||
| Minister | (58,546.32) | (58,546.32) | (55,282.31) | ||
| Other Ministry and Support Staff | (20,767.85) | (20,767.85) | (20,069.76) | ||
| Life and Work | |||||
| Worship and Fellowship | (2,119.75) | (2,119.75) | (1,330.35) | ||
| Discipleship and Ministry | (136.50) | (234.00) | (370.50) | (681.00) | |
| Mission and Outreach | (588.02) | (1,494.99) | (2,083.01) | (8,271.39) | |
| Governance | |||||
| Independent Examiner/Audit Fees | (600.00) | (600.00) | (600.00) | ||
| Other Professional Fees | (405.00) | (405.00) | (250.00) | ||
| Advertising, Printing, Stationery and Postage | (4,549.44) | (4,549.44) | (4,229.63) | ||
| Other Sundry Expenses | (680.28) | ||||
| Bank Interest and Charges | (216.20) | (216.20) | (249.11) | ||
| Property and Equipment | |||||
| Utilities | (2,660.41) | (16,871.36) | (19,531.77) | (13,633.57) | |
| Repairs and Maintenance | (14,089.80) | (6,478.52) | (20,568.32) | (58,354.21) | |
| Insurances | (6,299.46) | (6,299.46) | (5,880.00) | ||
| Grants to Missions and Charities | |||||
| United Appeal | (10,702.00) | (10,702.00) | (10,000.00) | ||
| Other PCI Schemes | (4,744.75) | (4,744.75) | (7,687.25) | ||
| Other Missions and Charities | (491.00) | (491.00) | (985.00) | ||
| Total Resources Expended | (139,542.04) | (47,316.08) | 0.00 | (186,858.12) | (221,521.11) |
| Net Incoming/Outgoing Resources before transfers | 7,182.01 | (15,629.08) | 0.00 | (8,447.07) | (43,942.80) |
| Transfers | |||||
| Gross Transfers between funds - in | 0.00 | 360.00 | 0.00 | 360.00 | 36,348.88 |
| - out | 0.00 | (360.00) | 0.00 | (360.00) | (36,348.88) |
| Net Incoming/Outgoing Resources before other gains/losses | 7,182.01 | (15,629.08) | 0.00 | (8,447.07) | (43,942.80) |
| Total Gains and Losses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Movements in Funds | 7,182.01 | (15,629.08) | 0.00 | (8,447.07) | (43,942.80) |
| Funds Brought Forward | 7,182.01 | (15,629.08) | 0.00 | (8,447.07) | (43,942.80) |