STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2024 Note Unrestricted Funds Restrlcted Endowment Funds Funds Total 2024 Total 2023 Receipts Donations and legacies Charitable activities Other trading activlties Investment Income Other 61,084 37,172 1,878 5,424 118 18,869 98,256 1,878 5,424 5,292 20,137 98,887 3.152 5,424 3,319 6,042 5.174 1,268 67,526 63,461 130,987 116,824 Sale of Investments Sale of fixed assets Loans Recelved Total Recelpts 67,526 63,461 130.987 116,824 Payments Ralslng funds Charltable actlvlties Investment COSts Other 68,251 48,821 117,072 124,255 124,255 Purchase of Investments Purchase of fixed assets Loan Repayments Total Payments 68,251 48,821 117,072 124,255 Net receipts / (payments) Transfers between funds (725) 14,640 13,915 {7,431) Net movement in funds Funds brought forward (725) 113,492 14,640 44,370 13,915 157,862 (7,431) 167,301 Funds carried forward 12 112,767 59,010 171,777 159,870
KILMORE CONGREGATION OF THE pREs8ERIAN CHURCH IN IRELAND STATEMENT OF ASSEfs AND LIABILITIES As at 31 December 2024 Unrestricted Funds Restricted Endowment Total Total Funds Fund5 Funds Fund5 2024 2023 Funds Reconciliatlon Bank and Cash at start of year Net movement in funds 113,492 44,370 157,862 167,301 (725) 14,640 13,915 {7,431} Bank and Cash at end of year 112,767 59,010 171,777 159,870 Bank & Cash Balance5 Bank Deposit Accounts Bank Current Accounts Cash in Hand BOI Nol No2 + 43,124 128,653 41,662 118,208 Organlsatlon 171,777 159,870 Other Assets Flxed As5ets- Note 10 Church Premises Flxtures, Flttlngs & Equipment Vehicles Investments - Note 11 Gift Ald receivable on donations 3,257,475 3,257,475 147,420 142,371 3,404,895 3,399.846 Llabllitles Loans Other Approved by the Kirk Sesslon at a rneeting on and signed on its behalf by Name SPR& Name
AJ ¥P Rt seoii I Date Date
KILMORE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2024 I ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total income of the congregation Is less than £250,000 the congregation have elected in accordance with the provlsions In The Charities (Accounts and Reports Regulations (Northern Ireland) 2015 to prepare its accounts on a receipts and payments basls. FUND ACCOUNTING Endowment funds are funds, the capltal of which must be retained elther permanently or at the congregatlon's discretion,. the Income derived from the endowment is to be used either as restricted or unrestricted income funds dependlng upon the purpose for which the endowment was established In the flrst place. Restricted funds comprlse (a) income from endowments which Is to be expended only on the restricted purposes intended by the donor and {b} revenue donations or grants for a specific congregational activity intended by the donor. Where these fund5 have unspent balances, Interest on their pooled investment is apportioned to the Individual funds on an average balance basis. Unrestricted funds are income funds which are to be spent on the congregation's general purposes. Designated funds are general funds set aslde by the congregation for use in the future. DONATIONS AND LEGACIES Unrestricted Restricted Endowment Funds Funds Funds Total 2024 Total 2023 Recorded giving: Loose collections Donations and gifts Gift Ald Graveyard Bequest 49,677 275 406 10,726 18,302 5,741 67,979 6,016 406 13,855 10,000 67,887 3,808 13,820 13,287 85 3,129 10,000 61.084 37.172 98.256 98.887
KILMORE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNT (cont'd) 31 December 2024 CHARITABLE ACTIVITIES Unrestricted Restricted Endowment Funds Funds Fund5 Total Total 2024 2023 Sunday School Choir PW Group Bowllng Club 58 66 1,003 751 626 53 1,841 632 1,878 1,878 3,152 OTHER TRADING ACTIVITIES Unrestrlcted Funds Restrlcted Endowment Funds Funds Total Z024 Total 2023 Letting of premlses 5,424 5,424 5,414 5,424 5,424 5,414 INVESTMENT INCOME Unrestrlcted Restrlcted Endowment Funds Funds Funds Total 2024 Total 2023 Deposit interest General Investment Fund Rents Investment properties Other investment income 1,649 118 1,767 541 3,525 3,525 2,778 5.174 118 5,292 3,319
KILMORE CONGREGATION OF THE PRESBVTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 5t 31 December 2024 OTHER INCOME Unre5trlcted Restricted Endowment Funds Funds Funds Total 2024 Total 2023 Refund Manse oil Magazines etc Tanzania Mission Harvest Harvest Gift Aid 2023 Manse Field Rental Sale of logs NIE pole rental 680 536 680 536 16.671 320 1,798 50 80 1,150 490 16,671 320 1,798 1.690 50 80 1,268 18,869 20,137 7,084 RAISING FUNDS Unrestrlcted Restrlcted Endowment Fund5 Funds Funds Total 2024 Total 20Z3 FWO envelopes Fundralslng events CHARITABLE ACTIVITIES Unrestrlcted Restricted Endowment Funds Funds Funds Total 2024 Total 2023 General Assembly Assessments Presbytery fees Ministry and support staff costs Congregatlonal running expenses Mlssions and charitles 49,257 659 3,625 49,257 47,244 659 628 3,625 5,673 14,710 14.710 18,864 30.569 30,569 11,089 Harvest Governance costs Bequests Property and Graveyard repairs Sunday School Choir PW Group Bowling Club 2,118 2,118 415 507 13,407 38,420 13,407 807 807 515 1,511 409 1,511 409 336 519 68,251 48,821 117,072 124,255
KILMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 315t December 2024 OTHER EXPENDITURE Unrestricted Restricted Endowment Funds Funds Funds Total 2024 Total 2023 10 FIXED ASSETS The congregatlon owns the Church premlses situated at 6 Drumaghlls Road, Crossgar, BT30 9JR and the assoclated bulldlngs, fixtures, flttlngsi plant and machlnery. These have an insurance value of £3,257,475 11 INVESTMENTS The congregatlon has the followlng Inve5tment5, Amounts are shown at market valuatlon. 2024 2023 PCI General Investment Fund Property Other investments 147,420 142,371 3,257,475 3,257,475 3,404,895 3.388,679
KILMORE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 315t December 2024 12 FUND BALANCES Fund Balance Recelpts Payment Surplus Transfer at Start Balance at end (Deflclt) Unrestrlcted Funds General Fund 113,492 67,526 68,251 (725) 112,767 113,492 67,526 68,251 (725) 112,767 Restricted Funds Property Fund Mlssion5 & Charitles Sunday School Choir PW Group Bowlln8 Club Harvest Bequests Glft Ald on restricted CAMEO 36,997 29.337 28,316 58 66 1,003 751 320 13,407 30,569 807 15,930 (2,253) (749) 66 (509) 342 (1,797) 52,927 (2,253) 2,530 812 1,608 1,574 (1,797) 3,279 746 Z,117 1,232 1,512 409 2117 3,129 480 3,129 480 3,129 480 44,371 63,460 47,024 14,639 59,010 Endowment Funds [Name of Fund] Total 157,862 130,506 115,275 13,914 171,777