DERRYLORAN PARISH CHURCH, COOKSfowN CHURCH OF IRELAND
STATEMENT OF FINANCIAL AcfiviTIES
for the year ended 31 December 2024
Note
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
Receipts
Donations and legacies
Charitable activities
Other trading activities
Investment Income
Other
161142
12164
8(KJO
16845
850
22567
183709
12164
8000
16845
850
188722
13960
8000
16180
3242
Total Receipts
199QX)I
22567
221568
230104
Payments
Raising funds
Charita ble activities
Investment costs
Other
1593
141878
1593
155757
1449
195018
13879
100062
Total Payments
143471
13879
157350
296529
Net receipts / (payments)
Transfers between funds
55530
{228821
8688
22882
64218
{664251
Net movement in funds
Funds brought forward
32648
197629
31570
{82520)
64218
115109
(66425}
181534
Funds carried forward
li
230277
(50950)
179327
115109

DERRYLORAN 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
197629
32648
182520)
31570
115109
64218
181534
{664251
Bank and Cash at end of year
230277
{50950)
179327
115109
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
98527
131666
84
98527
147817
84
30235
203264
69
16151
246428
233568
Other Assets
Fixed Assets- Note 10
Church Premises
Fixtures, Fittings & Equipment
Vehicles
Liabilities
Loans
Ulster Bank Loan Account
Other
67101
118459
179327
115109

DERRYLORAN PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS
31 December 2024
ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
As the total income of the congregation is less than £250,000 the congregation have elected in
accordance with the provisions in The Charvties (Accounts and Reports Regulations (Northern Ireland)
2015 to prepare its accounts on a receipts and payments basis.
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 fund5 depending upon the purpose for which the endowment was established in
the first place.
Restricted funds comprise (al income from endowments 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
Legacies and bequest
116756
2901
11648
26555
3282
22567
139323
2901
11648
26555
3282
143894
2392
15387
27049
161142
22567
183709
188722

DERRYLORAN 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 & VAT Refunds
9115
4(X)
2649
9115
4ChJ
2649
6268
4(YJ
6092
1200
12164
12164
13960
4. OTHER TRADING ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
Rental Income
Sale of Property
8CH)O
8000
8000
8000
8000
INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
Deposit interest
Income from Endowments & Invest.
Rental Properties
Other investment income
296
8149
296
8149
8400
150
7630
8400
16845
16845
16180

DERRYLORAN PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
OTHER INCOME
Unrestricted
Funds
Restrirted
Funds
Total
2024
Total
2023
Magazines
Heat & Light Contribution
Other income
218
2750
274
700
150
700
150
850
850
3242
RAISING FUNDS
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
FWO envelopes
1593
1593
1449
1593
1593
1449
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
Diocesan Assessments
Ministry and support staff costs
Congregational running expenses
Donations to Missions and charities
80507
11816
49555
80507
11816
58514
4920
121841
11267
57028
4882
8959
4920
141878
13879
155757
195018

DERRYLORAN PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS (convd)
31 December 2024
OTHER EXPENDITURE
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
Rental properties expenses
Church & Buildings Renovation
Expenses
100062
ICIJ062
10. FIXED ASSETS
The congregation owns the Church premises Situated at Church Street, Cookstown, BT80 8LB and the
associated fixtures, fittings, plant and machinery.

DERRYLORAN PARISH CHURCH. COOKSTOWN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2024
11. FUND BALANCES
Fund
Balance at
start
Receipts
Payment
Surplus /
(Deficit)
Transfer Balance at
end
Unrestrirted Funds
No. l Account
Affiliated Organisation
183200
14429
193346
5655
140188
3283
53158
2372
{211441
{1738)
215214
15063
197629
199001
143471
55530
122882)
230277
Restricted Funds
No. l Account- Mi55ions/Charities
Building Fund
4920
8959
149201
13608
4920
17962
(82520)
22567
1509501
(825201
22567
13879
8688
22882
1509501
Total
115109
221568
157350
64218
179327