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2024-12-31-accounts

Mountpottinger Presbyterian Church

Statement of financial activities for the year ending 31 December 2024 (includes year ending 2023 for year-on-year comparison)

Unrestricted
Funds
Restricted
Funds
2024 Total 2023 Total
Income (Including Gift Aid) £ £ £ £
Weekly Offerings and Unrestricted Donations 87,756 - 87,756 93,985
Contributions for Property - 22,588 22,588 11,597
Contributions for Missions and Charities - 10,841 10,841 10,299
Contributions for Other Restricted Funds - 9,975 9,975 3,982
Contributions for Organisations and Charity Shop 33,741 33,741 31,613
Total Income 87,756 77,145 164,901 151,476
Expenditure
General activities 93,755 - 93,755 94,838
Property - 8,107 8,107 14,554
Contributions to Missions and Charities - 10,341 10,341 10,221
Other restricted congregational expenditure - 8,460 8,460 4,497
Organisational expenditure - 37,116 37,116 30,485
Total Expenditure 93,755 64,024 157,779 154,595
Net Income / Net Movement (5,999) 13,121 7,122 (3,119)
Bank Balances brought forward 13,534 106,407 119,941 123,060
Bank Balances carried forward 8,423 132,388 140,811 119,941

Statement of assets and liabilities as of 31 December 2024

Bank Balances
Net Current Bank Assets
Investments - Presbyterian Church Ireland
General Investment Fund*
Unrestricted
Funds
£8,423
£8,423
£2,373
Restricted
Funds
£132,388
£132,388
£165,656
2024 Total
£140,811
£140,811

£168,028
2023 Total
£119,941
£119,941
£160,443

*Valuation of funds based on holding of 12,039 shares valued at £13.957 per share as of December 2024.