## **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**<br>Bank Current Accounts<br>Bank Deposit Accounts<br>Cash in Hand|2024<br>2023<br>63,812<br>65,651<br>60,000<br>60,000<br>290<br>477|
|---|---|
||124,102<br>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|||