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2024-12-31-accounts

BANNSIDE PRESBYTERIAN CHURCH

Statement of Receipts and Payments - Year ended 31 December 2024

Unrestricted Restricted Total Total
Funds Funds 2024 2023
£ £ £ £
Receipts
Donations incl Gift Aid 124,026 70,503 194,529 189,560
Charitable Activities 3,920 21,270 25,190 16,155
Grants 5,982 5,982 3,000
Investment Income 11 1,073 1,084 1,647
Total Receipts 127,957 98,428 226,785 210,362
Payments
Wages 85,118 12,000 97,118 93,067
Central Assessments 12,346 870 13,216 12,243
Charitable Activities 24,022 94,455 118,477 90,064
Investment in assets
Total Payments 121,486 107,325 228,811 195,374
Net receipts (payments) 6,471 -8,497 -2,026 14,988
Transfers to (from) funds -1,410 1,410 0 0
Surplus/(deficits) for 2024 5,061 -7,087 -2,026 14,988
Reconciliation
Balance 31/12/2023 95,655 30,473 126,128 111,140
Surplus/(deficit) in 2024 5,061 -7,087 -2,026 14,988
Balance 31/12/2024 100,716 23,386 124,102 126,128

Statement of assets and liabilities - Year Ended 31 December 2024

Bank & Cash Balances
Bank Current Accounts
Bank Deposit Accounts
Cash in Hand
2024
2023
63,812
65,651
60,000
60,000
290
477
124,102
126,128

Other Assets

Fixed Assets -The Congregation owns the Church premises situated at 21 Castlewellan
Road, Banbridge and the Church Manse at 1 Old Rectory Park, Banbridge and the
associated fixtures.
Investments
General Investment Fund 50,636 48,350
Gift Aid receivable on donations 13,699 12,117
Approved by the Trustees at a meeting on 7th April 2025 and signed on their behalf by:
__ ____
Rev Dr Mark Gray Leslie White
Chairman Treasurer