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2024-12-31-accounts

1st Presbyterian Church Randalstown - XN46309

Statement of Assets and Liabilities (by code) As at: 31 December 2024

Class and nominal code General Designated Restricted Endowment Total Last year
Fixed assets - Mixed motives investments
6200 : PCI Investments 18,311.58 18,311.58 16,498.70
Total 18,311.58 18,311.58 16,498.70
Current assets - Cash at bank and in hand
6300 : Current Acc(Ulster Bank) (934.56) 59,265.27 58,330.71 60,872.16
6301 : Property Money Desk(Feb) 10,000.00 10,000.00 10,000.00
Ulster Bank
6302 : Property Money Desk(May) 10,000.00
Ulster Bank
6305 : Progressive BS 581.15 581.15 20,100.00
7264(PropSave)
6311 : Progressive F Term Bond 20,482.24 20,482.24 10,000.00
7817(June)
6312 : Progressive F Term Bond 10,506.42 10,506.42 10,000.00
130X(Nov)
6313 : Progressive F Term Bond 10,051.37 10,051.37
3744(Feb)
Total (934.56) 110,886.45 109,951.89 120,972.16
Net total assets (934.56) 110,886.45 18,311.58 128,263.47 137,470.86

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1st Presbyterian Church Randalstown - XN46309

Statement of Financial Activities

For the period from 01 January 2024 to 31 December 2024

Unrestricted Restricted Endowment Total Prior year
funds funds funds funds total funds
Income and endowments from:
Regular Direct Giving 29,507 15,167 44,674 48,938
Donations and Legacies 6,357 812 7,170 10,764
Activities that Generate Income 360 360 200
Investments 3,117 3,117 418
Other Income Sources 7,453 2,330 9,783 9,865
Total income 36,960 27,332 812 65,105 70,187
Expenditure on:
Central Church Assessments 11,313 11,313 10,908
Ministry and Support Staff
Minister 22,481 136 22,618 21,782
Other Ministry and Support Staff 1,353 80 1,433 1,784
Life and Work 96 96 91
Worship and Fellowship 2,394 800 3,194 4,305
Discipleship and Ministry 340 340 342
Mission and Outreach 780 9,265 10,045 10,058
Governance 3,973 170 4,143 3,817
Property and Equipment
Utilities 325 3,945 4,271 4,383
Repairs and Maintenance 2,381 5,168 7,550 10,915
Insurances 1,392 193 1,585 1,485
Depreciation
Grants to Missions and Charities
United Appeal 3,737 3,737 3,984
Other PCI Schemes 488 488 604
Other Missions and Charities 110 3,385 3,495 6,741
Total expenditure 46,602 27,710 74,312 81,204
Gains / losses on investment assets
Net income / (expenditure) resources before transfer (9,641) (378) 812 (9,207) (11,017)
Transfers
Gross transfers between funds - in 75 40,612 1,000 41,687 120,348
Gross transfers between funds - out (213) (41,474) (41,687) (120,348)
Other recognised gains / losses
Gains on revaluation, fixed assets, charity's own use 1,369
Net movement in funds (9,780) (1,240) 1,812 (9,207) (9,648)
Reconciliation of funds
Total funds brought forward 8,845 112,126 16,498 137,470 147,119
Total funds carried forward (934) 110,886 18,311 128,263 137,470

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

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