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2023-12-31-accounts

1st Presbyterian Church Randalstown - XN46309

Statement of Assets and Liabilities (by code) As at: 31 December 2023

Class and nominal code General Designated Restricted Endowment Total Last year
Fixed assets - Mixed motives investments
6200 : PCI Investments 16,498.70 16,498.70 15,129.47
Total 16,498.70 16,498.70 15,129.47
Current assets - Cash at bank and in hand
6300 : Current Acc(Ulster Bank) 8,845.52 52,026.64 60,872.16 81,913.05
6301 : Property Money Desk(Feb) 10,000.00 10,000.00
Ulster Bank
6302 : Property Money Desk(May) 10,000.00 10,000.00
Ulster Bank
6305 : Progressive BS 20,100.00 20,100.00
7264(PropSave)
6310 : Danske Bank 50,076.53
6311 : Progressive F Term Bond 10,000.00 10,000.00
7817(June)
6312 : Progressive F Term Bond 10,000.00 10,000.00
130X(Nov)
Total 8,845.52 112,126.64 120,972.16 131,989.58
Net total assets 8,845.52 112,126.64 16,498.70 137,470.86 147,119.05

10 October 2024 Page 1

1st Presbyterian Church Randalstown - XN46309

Statement of Financial Activities

For the period from 01 January 2023 to 31 December 2023

Unrestricted Restricted Endowment Total Prior year
funds funds funds funds total funds
Income and endowments from:
Regular Direct Giving 30,777 18,161 48,938 45,035
Donations and Legacies 10,764 10,764 15,504
Activities that Generate Income 200 200 372
Investments 418 418 463
Other Income Sources 6,694 3,170 9,865 10,480
Total income 37,472 32,715 70,187 71,855
Expenditure on:
Central Church Assessments 10,908 10,908 10,575
Ministry and Support Staff
Minister 21,660 122 21,782 20,048
Other Ministry and Support Staff 1,784 1,784 2,310
Life and Work 91 91 85
Worship and Fellowship 2,645 1,660 4,305 4,131
Discipleship and Ministry 342 342 300
Mission and Outreach 10,058 10,058 18,299
Governance 3,817 3,817 7,079
Property and Equipment
Utilities 1,056 3,326 4,383 2,824
Repairs and Maintenance 2,096 8,818 10,915 4,604
Insurances 1,485 1,485 1,443
Depreciation
Grants to Missions and Charities
United Appeal 3,984 3,984 3,852
Other PCI Schemes 604 604 1,227
Other Missions and Charities 6,741 6,741 3,694
Total expenditure 45,546 35,658 81,204 80,477
Gains / losses on investment assets
Net income / (expenditure) resources before transfer (8,074) (2,943) (11,017) (8,622)
Transfers
Gross transfers between funds - in 53 120,295 120,348 7,037
Gross transfers between funds - out (1,501) (118,847) (120,348) (7,037)
Other recognised gains / losses
Gains on revaluation, fixed assets, charity's own use 1,369 1,369 (1,355)
Net movement in funds (9,522) (1,495) 1,369 (9,648) (9,977)
Reconciliation of funds
Total funds brought forward 18,367 113,621 15,129 147,119 157,096
Total funds carried forward 8,845 112,126 16,498 137,470 147,119

There may be minor discrepancies in the totals if the pence are not being shown

10 October 2024 Page 1