DESERTCREAT PARISH CHURCH. COOKSTOWN CHURCH OF IRELAND
STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Attount)
for the year ended 31 December 2024
Note
Unrestrirted
Funds
Restrirted
Funds
Total
2024
Total
2023
Receipts
Donations and legacies
Cha rita ble activities
Other trad ing activities
Investment Income
Other
871(X)
4362
2171
5916
3110
11320
98420
4362
2171
7592
3110
103309
15679
1535
5554
3378
1676
Total Receipts
102659
12996
115655
129455
Payrnents
Raising funds
Charita ble activities
Investment costs
Other
91039
1250
92289
97862
Total Payments
91039
1250
92289
97862
Net receipts / (payments)
Transfers between funds
11620
112501
11746
1250
23366
31S93
Net movement in funds
Funds brought forward
10370
40576
12996
107781
23366
148357
31593
116764
Funds carried forward
12
50946
120777
171723
148357

DESERTCREAT PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND
STATEMENT OF ASSEfs AND LIABILITIES
As at 31 December 2024
Unrestricted
Funds
Restricted Total Funds Total Funds
Funds
2024
2023
Funds Reconciliation
Bank and Cash at start of year
Net movement in funds
40576
10370
107781
12996
148357
23366
116764
31593
Bank and Cash at end of year
50946
120777
171723
148357
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
50946
120777
171723
148357
171723
148357

DESERTCREAT PARISH CHURCH. COOKSTOWN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS
31 December 2024
ACCOUNTING POLICIES
BASIS OF FINANCIAL sfATEMENTS
As the total income of the congregation is less than £250,OCK) the congregation have elected in
accordance with the provisions in The Charities (Accounts and Reports Regulations (Northern Ireland)
2015 to prepare its accounts on a receipts and payments basi5.
FUND ACCOUNTING
Endowment funds are funds, the capital of which must be retained either permanently or at the
congregation's discretion; the income derived from the endowment is to be used either as restricted or
unrestricted income funds depending upon the purpose for which the endowment was established in
the first place.
Restricted funds comprise (a) income from endowment5 which is to be expended only on the restricted
purposes intended by the donor and (b) revenue donations or grants for a specific congregational
activity intended by the donor. Where these funds have unspent balances, interest on their pooled
investment is apportioned to the individual funds on an average balance basis.
Unrestricted funds are income funds which are to be spent on the congregation's general purposes.
Designated funds are general funds set aside by the congregation for use in the future.
DONATIONS AND LEGACIES
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
Recorded giving
Loose collections
Donations and gifts
Gift Aid
Legacie5 and bequest
62662
1474
4542
18422
11320
73982
1474
4542
18422
77169
2557
5867
17716
8711X)
11320
98420
103309

DESERTCREAT PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS
31 December 2024
CHARITABLE AcfiviTIES
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
Income from charitable activities
Fees from weddings and funerals
Fundraising events
Membership fees
Grants
1483
500
2379
1483
500
2379
344
1466
13269
600
4362
4362
15679
4. OTHER TRADING AcfiviTIES
Unrestricted
Funds
Restrictsd
Funds
Total
2024
Total
2023
Hall Hire
Trading income
2171
2171
1535
2171
2171
1535
INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
Deposit interest
RCB Distribution
Rents investment properties
Other investment income
1621
1621
946
4970
55
1082
4472
946
4970
55
5916
1676
7592
5554

DESERTCREAT PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS {conVd)
31 December 2024
OTHER INCOME
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
Expenses Contribution
Insurance Claim
Other income
2626
379
105
2626
379
105
1183
1968
227
3110
3110
3378
RAISING FUNDS
Unrestricted
Funds
Restrirted
Funds
Total
2024
Total
2023
FWO envelopes
Fundraising events
CHARITABLE AcfiviTIES
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
Diocesan Assessments
Ministry and support staff costs
Congregational running expenses
Donations to Missions and charities
51727
1895
37417
51727
1895
37417
1250
49498
1720
45194
1450
1250
91039
1250
92289
97862

DESERTCREAT PARISH CHURCH. COOKSTOWN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
OTHER EXPENDITURE
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
Investment properties expenses
10. FIXED ASSETS
The congregation owns the Church premises situated at 50 Lower Grange Road, Cookstown, BT80 8SL
and the associated fixtures. fittings, plant and machinery.
11. INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation.
2024
2023
Property
Other investments

DESERTCREAT PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS (convd)
31 December 2024
12. FUND BALANCES
Fund
Balance at
start
Receipts
Payment
Surplus /
(Deficit)
Transfer Balance at
end
Unrestricted Funds
No. l Account
40576
102659
91039
11620
11250)
50946
40576
102659
91039
11620
(1250)
50946
Restrirted Funds
Fabric Fund Account
No. l Account- Missions/Charities
107781
12996
12996
{12501
120777
1250
1250
107781
12996
1250
11746
1250
120777
Total
148357
115655
92289
23366
171723