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)|