GROOMSPORT PRESBYTERIAN CHURCH
ANNUAL ACCOUNTS
2024
STATEMENT OF FINANCIAL ACTIVITY FOR THE YEAR ENDED 31 DECEMBER, 2024
| Unrestricted Funds £ Income Charitable activities 95,559 Donations 34,002 Income from property 9,603 Investment income Investment Capital Growth Other income 599 Total income 139,763 Expenditure Charitable Activities 11,881 Grants & Donations 143,223 Total Expenditure 155,104 Net Surplus (Deficit) -15,341 Reconciliation of Funds Total Funds Brought Forward 120,012 Movement of Funds -15,341 Total Funds Carried Forward 104,671 |
Restricted Funds £ 37,732 19,200 8,784 5,422 71,138 404,833 44,037 448,870 -377,732 678,768 -377,732 301,036 |
Total Total 2024 2023 £ £ 133,291 147,057 53,202 8,539 9,603 10,580 8,784 13,688 5,422 -17,766 599 1,399 210,901 163,497 416,714 420,352 187,260 66,933 603,974 487,285 -393,073 -323,788 798,780 1,122,568 -393,073 -323,788 405,707 798,780 |
|---|---|---|
STATEMENT OF FINANCIAL ASSETS AND LIABILITIES AS AT 31 DECEMBER, 2024
| Current Financial Assets McCaw Trust: DanskeBank Investec Total McCaw Fund Assets General Funds: Danske Bank Cash Total General Funds Total financial assets |
30,035 215,263 160,193 216 |
2024 245,298 160,409 405,707 |
2023 425,377 373,403 0 _ 798,780 |
2023 |
|---|---|---|---|---|
| Reserves General Fund Property Fund Hall Development Fund Mission Fund Flower Fund Benevolent Fund Outreach Fund McCaw Trust Total Reserves |
2024 104,671 20,340 -2,921 29,155 1,441 1,899 5,824 245,298 405,707 |
2023 120,012 20,613 211,392 18,068 1,441 1,877 0 425,377 |
2023 |
|---|---|---|---|
| 798,780 |
Note
Although at the end of the year there were no known current financial liabilities, it should be noted that the final contractor payment in respect of the hall development will be payable in May, 2025.