Drumhillery Congregation of the Presbyterfan Church In Ireland Statem•nt of Financial Aetivity IReeeSpts and Payments A¢countTr for thè Yeaf ETkdod 31 Decembar 2024 Note Unrestricted Funds Restricted Funds Endowment Fund5 Total 2024 Total 2023 ReceÉpts Donations & Legacies Charitable Activitles other trading activities Investment income other income 35,910 565 386 8230 4568 44,140 5,133 386 44.80 4,21 38 34 1,32 82 4,886 889 4,889 Total Receipts Payments Raising Funds Charltable Actimties 345 37.087 345 51,836 33 39,29. 14,749 Total Payments Net Receipts I Payments Transfers net 4,397 1621 fl,141) 62 3,256 11,43. Net movement in funds 4.335 11,0791 3,256 11.43, FiJnd% hrnEight frTrrward 01 Jartiiary 16.440 86.148 18,257 120,845 109.41.. Deduct non cashlbank related Endowment Funds Funds carriéd forward 31 December li 20 775 85 69 124 101
Drumhillery Congregation of the Presbyterlan Churth in Ireland Statement of Assets and liabilities as at 31 December 2023 Unrestricted Funds Restricted Fund5 Endowment Funds Totsl 2024 Total 2023 Fund5 Reconciliation Bank and cash at start of year 16.440 86,148 18,257 120.845 109,411 Net movement in fund5 4.335 11.0791 3.256 11,434 Bank & cash at end of year 85.069 124 101 120 845 Bank & Cash Balances Bank Dep051t Accounts Bank Current Accounts Cash In Hand 18,257 105,844 18,257 102,588 Total 124 101 120 845 Memorandum Note Onty Other Assets Fixed Assets Investsnents io Approved bytru5tee5 on 2710312025 and signed on its behalF by. 9( Trustee MI Ivan Orr Trustee Mr Alastair Mitchell Date- 2710312025 Oate- 2710312025
Drnmhillery Congregation of the Presbyterlan Church In Ireland Not@g to tho Aecounts- Year End•d 31 Dae•mb•r 2024 AccouwllNG POUCIES BASIS OF FINANCIAL sfATEMENTS As the tgtal income of the congregation is less than £250,LKQ the congregation have elected in accordance wfth the provlsions in The Charities (Accounts and Reports ReEulation5 {Northern Ireland) 2015 to prepare its accounts on a receipts and payments ba515. FUND AccouNnNG Endowment funds are funds, the capital of which must be retained either permanently or at the congregation's dis¢retlon: the income derived from the endowment is to be used either as restricted or unrestricted income funds depending upon the purpose for whi¢h the endowment was established in the first place. Restricted funds eomprlse lal income from endowments whlch is to be expended only on the restricted purposes Intended by the donor and (bl revenue donatlons or grants for a spècific congreEatlonal actlvity intended by the donor. Where these funds have unspent balance5. interest on thelr pooled investment is apportioned to the individual funds on an average balance basi5. unstrICted funds are income funds which a.-e to be spent on the congregation's general purposes. Designated funds are gèneral l(rnds set aside by the congregation for use in the future. RECEIPTS 2. DONATIONS & LEGACIES Unrestricted Funds Restritted Funds Endowment Funds Total 2024 Total 2023 Recorded Giving Loose collections Donations & gifts Gift Aid LoRacies & bequests 27.667 1.475 301 4,360 1.511 29,142 301 5,535 8,299 8S3 25.84] 22£ 6,15 11,88E 69è 1.175 6,788 280 35.910 8.230 3. CHARITABLE ACTNITIES Unrestricted Fsjnds R•stricted Funds Endowment Funds Total 2024 Total 2023 Income from charitable activities & fundlsIng Membership Fees Grants 565 1560 675 2333 2,125 675 2,333 80C 1.2( 565 5,133 4. OTHER TRADING ACTMTIES Unrestrirt•d Restricted Funds Endowmpnt Total Tot?1 Funds Funds 2024 2023 Letting of Premises 386 38C 386 386
Drumhillery Congregation of the Presbyttrfan Church kn Irèland Natex to the Accounts- Year Inded 31 Debe[ 2024 5. INVESTMENT INCOME Unrestrirted Funds Restrirted Funds Endowment Funds Total 2024 Total 2023 Deposit Interest Bequest Inte$t 28 54 196 693 33 639 82 889 34 & OTHER INCOME Unrestrieted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Reimbrustment from Keady & Vinecash Presbyterian Church Graveyard Fees Reimbrustment from Organisations for Light & Heat Rèfund of Expènses 2.911 1.20Q 775 2.911 1,200 775 37 951 4,886 4,889 1,32., PAYMEts 7. RAISING FUNDS Unre5trirted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Church Envelopes 345 345 345 345 8. CHARrrABLE ACTriirES tlnrestrictsd Funds Restrrcted Funds Endowment FLEnds Total 2024 Total 2023 Gèneral Assembly Presbytery Sees Ministry & Support Staff Congregational running expenses Donations to Missions and Charities Governance costs 3,939 115 18,114 14.139 3,939 115 18,114 20,670 8,218 25 17,461 6531 8,218 78C
Drumhillery Congregation of the Presbyterian Church in Ireland Notes to thè AcctyJnts- Year Endod 31 DÈ¢Èmber 2024 9. FIKED ASSErs The congregation owns the Church premises Sltuated at 56 Drumhillery Road BT60 3QB and the associated fixtures fittings, plant and machinery. The buildings and contents have an Insurance value of £1,458,328 at last renewal date 31st October 2024. 10. INVE5TMENT5 The CDngregation has the following investments. Amounts are shown at market valuation. Total 2024 Total 2023 Endowment Investments 18,257 18257 18,257 11. FUND BALANCES Balan at stsrt Receipts Paymènts Surplus/ IDefKitl Transfers nett Balance at end Unrestricted Funds General 16.440 41,829 37,432 4,397 1621 621 Restricted Funds Repair & Organ Fund United Appeal General Mission Fund Presbyterian Orphan Society World Dèv$lapment Appeal Tuesday Fellowship Minister Bequest Moderator5 Appeal Sunday School Studént gyr53ry Fund pw Girls Brigade CE Fit for Life Ladies Breakfast 77.961 2.016 5.267 2.410 2W2 4,426 221 2,425 12,0161 12211 14751 80,381 475 582 30 329 598 1.180 3C 48 48 218 142 218 12181 1621 62 452 3.215 301 4.575 IE 4.708 141 11331 3.082 404 129 86.148 13,608 14,749 11,1411 62 85,069 Endowment Funds Bequests Account Requests Account 7.257 li,¢)J) 7,257 11,000 Total Funds 52.181 124 101