Page 1 of 3 Printed: 24 January 2025
Statement Of Financial Activities
Stormont Presbyterian Church
Period: 01/01/2024 to 31/12/2024
| Notes | Unrestricted | Restricted | Endowment | 2024 | 2023 | |
|---|---|---|---|---|---|---|
| Income Sources | ||||||
| Regular Direct Giving | 1 | 127,911.97 | 27,473.25 | 155,385.22 | 160,728.58 | |
| Donations and Legacies | 2 | 6,515.06 | 1,185.00 | 7,700.06 | 12,221.50 | |
| Activities that Generate Income | 3 | 200.00 | 1,650.00 | 1,850.00 | 1,386.00 | |
| Investment Income | 4 | 1,340.47 | 190.00 | 1,530.47 | 1,153.32 | |
| Other Income Sources | 5 | 6,286.82 | 4,832.35 | 11,119.17 | 2,921.65 | |
| Resources Expended | ||||||
| Life and Work | 6 | 80.00 | 80.00 | |||
| Total Incoming | Resources | 142,254.32 | 35,410.60 | 0.00 | 177,664.92 | 178,411.05 |
| Resources Expended | ||||||
| Central Church Assessments | 7 | (34,283.25) | (34,283.25) | (34,862.75) | ||
| Ministry and Support Staff | 8 | (83,926.61) | (83,926.61) | (79,314.17) | ||
| Life and Work | 9 | (3,247.85) | (1,846.00) | (5,093.85) | (4,573.26) | |
| Governance | 10 | (5,131.84) | (5,131.84) | (5,770.64) | ||
| Property and Equipment | 11 | (16,527.59) | (29,093.32) | (45,620.91) | (46,399.55) | |
| Grants to Missions and Charities | 12 | (13,208.50) | (13,208.50) | (15,937.75) | ||
| Total Resources Expended | (143,117.14) | (44,147.82) | 0.00 | (187,264.96) | (186,858.12) | |
| Net Incoming/Outgoing Resources before transfers | (862.82) | (8,737.22) | 0.00 | (9,600.04) | (8,447.07) | |
| Transfers | ||||||
| Gross Transfers between funds - in | 0.00 | 0.00 | 0.00 | 0.00 | 36,708.88 | |
| - out | 0.00 | 0.00 | 0.00 | 0.00 | (36,708.88) | |
| Net Incoming/Outgoing Resources before other | (862.82) | (8,737.22) | 0.00 | (9,600.04) | (8,447.07) | |
| gains/losses | ||||||
| Total Gains and Losses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Movements in Funds | (862.82) | (8,737.22) | 0.00 | (9,600.04) | (8,447.07) | |
| Funds Brought Forward | (862.82) | (8,737.22) | 0.00 | (9,600.04) | (8,447.07) |
Page 2 of 3 Printed: 24 January 2025
Statement Of Financial Activities Stormont Presbyterian Church
1. Regular Direct Giving
| 1. Regular Direct Giving | |||
|---|---|---|---|
| Recorded Giving (FWO, Special and CMF) Gift Aid received on Recorded Loose Collections 2. Donations and Legacies Gift Days, Special Collections and Donations Received for Congregational Organisations Donations from Congregational Organisations Armistice Sunday Christian Aid 3. Activities that Generate Income Income from Church Events Church Magazines Weddings, funerals, etc. 4. Investment Income Bank and Building Society Interest 5. Other Income Sources Rental Income Miscellaneous Income 6. Life and Work Worship and Fellowship Discipleship and Ministry Mission and Outreach 7. Central Church Assessments Central Ministry Fund PCI Pension Scheme (2009) Fund Widows of Ministers Fund |
2024 | 2023 | |
| Recorded Giving (FWO, Special and CMF) Gift Aid received on Recorded Loose Collections |
126,213.88 28,060.34 1,111.00 155,385.22 2024 |
129,409.87 28,578.71 2,740.00 |
|
| 160,728.58 2023 |
|||
| 110.00 75.00 6,970.06 545.00 0.00 7,700.06 2024 |
0.00 170.00 11,470.50 470.00 111.00 |
||
| 12,221.50 2023 |
|||
| Income from Church Events Church Magazines Weddings, funerals, etc. |
200.00 140.00 1,510.00 1,850.00 2024 |
140.00 446.00 800.00 |
|
| 1,386.00 2023 |
|||
| Bank and Building Society Interest | 1,530.47 1,530.47 2024 |
1,153.32 | |
| 1,153.32 2023 |
|||
| Rental Income Miscellaneous Income |
5,000.00 6,119.17 11,119.17 2024 |
0.00 2,921.65 |
|
| 2,921.65 2023 |
|||
| (1,574.05) (728.40) (2,711.40) (5,013.85) 2024 |
(2,119.75) (370.50) (2,083.01) |
||
| (4,573.26) 2023 |
|||
| Central Ministry Fund PCI Pension Scheme (2009) Fund Widows of Ministers Fund |
(4,230.00) (12,939.00) (761.00) |
(4,573.00) (12,323.25) (935.00) |
Page 3 of 3 Printed: 24 January 2025
Stormont Presbyterian Church
Statement Of Financial Activities
| Incidental Fund Prolonged Disability Fund Ministerial Development Fund Sick Supply Fund Church House Repairs Fund Presbytery Fees & Special Assembly Minister's National Insurance Students, inc Students' Bursary Fund 8. Ministry and Support Staff Minister Other Ministry and Support Staff 9. Life and Work Worship and Fellowship Discipleship and Ministry Mission and Outreach 10. Governance Independent Examiner/Audit Fees Other Professional Fees Advertising, Printing, Stationery and Postage Bank Interest and Charges 11. Property and Equipment Utilities Repairs and Maintenance Insurances 12. Grants to Missions and Charities United Appeal Other PCI Schemes Other Missions and Charities |
2024 | 2023 | |
|---|---|---|---|
| (4,228.00) (592.00) (84.00) (17.00) (1,522.00) (1,132.00) (7,155.50) (1,622.75) (34,283.25) 2024 |
(3,740.00) (935.00) (416.00) (42.00) (2,078.00) (1,078.00) (6,823.50) (1,919.00) |
||
| (34,862.75) 2023 |
|||
| Minister Other Ministry and Support Staff |
(60,948.60) (22,978.01) (83,926.61) 2024 |
(58,546.32) (20,767.85) |
|
| (79,314.17) 2023 |
|||
| Worship and Fellowship Discipleship and Ministry Mission and Outreach |
(1,574.05) (728.40) (2,711.40) (5,013.85) 2024 |
(2,119.75) (370.50) (2,083.01) |
|
| (4,573.26) 2023 |
|||
| Independent Examiner/Audit Fees Other Professional Fees Advertising, Printing, Stationery and Postage Bank Interest and Charges |
(720.00) (340.00) (3,860.50) (211.34) (5,131.84) 2024 |
(600.00) (405.00) (4,549.44) (216.20) |
|
| (5,770.64) 2023 |
|||
| (17,991.97) (20,972.01) (6,656.93) (45,620.91) 2024 |
(19,531.77) (20,568.32) (6,299.46) |
||
| (46,399.55) 2023 |
|||
| United Appeal Other PCI Schemes Other Missions and Charities |
(9,156.00) (3,507.50) (545.00) (13,208.50) |
(10,702.00) (4,744.75) (491.00) |
|
| (15,937.75) |