an DONAGHEADY CONGREGATION OFTHE PRESBITERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACtIVlTY (Receipts and Payments Account) for the yeaf ended 31 December 2024 Note Unrestricted Funds Restricted Endowment Funds Funds Total 2024 Total 2023 Receipts Donations and legacies Charitable attivities Other trading activ(ties Investment Income Other 41,853. 19 7.73 245.00 611.36 14,103.94 55,957.13 261.73 6.245.00 1,829.64 2110.00 70,061.07 515.73 12,245.00 3,047.92 200.00 6,000.(K 1,218.28 200.00 Sale of Investments Sale of fixed assets Loar)s Received Total Receipts 42.917.28 21,576.22 64.493.50 99,194.78 Payments Raising funds Charitable activities I nvestment costs Other (investment} 740.00 54,504.85 7,204.65 Purchase of Investments Purchase of ftxed assets Loan Repayments Total Payments 55,244.85 7,204.65 62,449.50 105,918.95 Net reipts l (payments) Transfers between fund5 -12,327.57 14.371.57 0.00 2,044,00 -6,724.17 Net movement in funds Funds brought forward -12,327.57 116,815.48 14.371.57 63.210.20 0.00 2,044.00 180,025.68 ,724.17 186,749.78 Funds carried forward 12 104,487.91 77.581.77 182,069.68 180,025.61 srATEMENT OF ASSETS AND LIABILITIES As at 31 December 2024 Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Funds Reconciliation Bank and Cash at start of year Net movement in funds 116.815.48 -12,327.57 63,210.20 14.371.57 180,025.68 2,044.00 186,749.86 -6,724.17 Bank and Cash at end ofyear 104,487.91 T7.581.77 0.00 182,069.68 180,025.69 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 55,027.84 127,041.77 54,305.19 125,720.42 182,069.61 180,025.61 11
Presbyter an Other Assets Fixed Assets Church Premises Fnc Fixtures, Fitttngs & Equ ipment 10 3,942,647.00 3,492,792.00 Vehicles Investrnent5 Gift Aid recetvable on donations 11 20,000.00 8,468.20 8,707.19 Liabilittes Loans Other Approved by the Kirk Session at a meeting on 11103/2025 and Signed on its behalf by Rev Robert Orr Mr Ernestcolhoun 12
an DONAGHEADY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE Accourits 3tst December 2024 l. Accounting Policies BASIS OF FINANCIAL sfATEMENTS As the total income of the congregation is Fess than £250,OCK) the cDnBregation have eletted in 8ccordance with the provisions in The Charities (Accounts and Reports ReguEations {Northern I reland) 2015 to prepare its accounts o n a receipts and payments basi5. FUND ACCOUNTING Endowmentfunds are funds, the capitat of which must be retairbed either permanently Or at the congregation's discretion; the rncome derived from the endowrnent is to be used eithef as restricted or unrestritted income funds depending upon the purpose for which the endowment was established sn the first pla. Restricted fund5 comprtse (a) income from endowments which is to be expended only on the restritted purposes intended by the dono r and (b) revenlie donations or grants for a specific congregational activity interded by the donor. Where these funds have unsperrt balances, interest on theFr pooled investment is apportioned to the individual funds on an average balance basi5. Unrestricted fu nds are rncome fvnds which are to be spent on the congregation's general purposes. Designated funds are generat fund5 set aside by the congregation for use in the future. 2. DONATIONS AND LEGACIES Unrestricted Funds Restricted Endowment Funds Funds Total 2024 Total 2023 Recorded gtving: Loose collections Donations and gifts Gift Aid Legacles and bequest 32,912.00 234.00 9,874.00 219.60 3,011.26 999.08 42,786.00 453.60 3.011.26 9.706.27 37,316.53 599.76 1.713.00 9,944.70 40,000.00 8,707.19 41,853. 19 14,103.94 O.(K) 55.957.13 89.573.99 DONAGHEADY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31st December 2024 3. CHARITABLE ACTIVITILS Unrestricted Funds Restricted Endowment Funds Funds Total 2024 Tota I 2023 Income from charitabte activities Fees from weddings and funerals Fundraising events Membership fees Grants 7.73 254. 261.73 0.00 0.00 0.00 0.00 2,049.78 7.73 254.00 0.00 261.73 2,049.78 4. OTHER TRADING AcrivmES Unrestricted Funds Restricted Endowment Funds Funds Total 2024 Tota I 2023 Letting of premises Trading income 245.00 6.000.00 6,245.00 0.00 6,110.00 245.00 6,IXJO.(X) 6,245.00 6,110.00 5. lNVE>FMEfiNCoME Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Deposit interest Gener31 Investment Fund Rents investment properties 611.36 1,117.21 1.728.57 1,089.46 13
an Other Fnvestment inc(Ime 101.07 101.07 171.55 611.36 1,218.28 0.00 1,829.64 1,261.01 6. OThER INCOME Unrestricted Funds Restricted Endowment Funds Funds Total 2024 Total 2023 Insurance claims Other income 0.00 200.00 200.00 200.00 200.00 0.00 0.00 200.00 200.00 7. RAISING FUNDS Unrestricted Funds Restricted Funds Endowment Funds Ttstal 2024 Totsl 2023 740.00 740.00 716.00 740.00 740.00 716.00 8. CHARITABLE AcrivrriES Unrestrfcted Funds Restricted Endowment Funds Funds Total 2024 Total 2023 General Assembly Assessments Presbytery fees Ministry and sUPPOrt staff costs CongregatÉonal running expenses Donations to Missions and charities Governance costs £7,338.75 £446.00 f 28,905.18 £15,271.92 £2,543.00 7,338.75 446.00 28,905.18 19,561.57 5.458.00 7,172.00 456.00 26,196.87 46.206.08 5.172.00 0.00 4,289.65 2,915.00 54,504.85 7,204.65 61,709.50 85,202.95 9. OTHER EXPENDITURE Unrestricted Funds Restricted Endowment Funds Funds Total 2024 Total 2023 I nvestment properties expenses 20,000.00 0.00 0.00 20,000.00 10. FIXED A55Ers The congregatson owns the Church premises situated at Donagheady and the associated fixtures, fittings, plant and machinery. These have an Insuran value of £3,942.647 at last renewal date. 14
Presbyter an 11, INVESfMErS The congreg3tton has the following investments. Amounts are shown at market valuation. 2024 2023 General Investment Fund Property Other investments £20.000.00 0.00 £20,000.00 12. FUND BALANCES Balance at start Surplus / ( Deficit) Balance at end Fund Receipts Payment Transfer Unrestricted Fund5 General Fund 106,305. 44,731.59 53,852.47 -9,120.88 -3.550.68 92,633.44 106.305.00 44,731.59 53,852.47 -9,120.88 -3,550.68 93,633.44 Restricted Funds United Appeal Sabbath School A/C Choir A/C Renovation & Repair A/C PW A/C Bowls A/C Youth & Mini Club A/C Pastoral Assistance Fund Mccrea Clarke Sale of old Church site M Hall Mr H Sheerin Mr W Dunn 0.00 11,441.96 289.93 25.363.45 571.25 698.05 3,863.18 25,360.88 8.00 2,092.00 385.66 0.00 11,038.17 115.00 4,635.00 644.43 -2,543.00 -258.77 0.00 2.543.00 0.00 5.6Q 11,188.79 289.93 986.58 35,765.56 15.50 602.75 1,622.64 9.415.53 16.00 64.12 -24.00 623,40 0.00 559.28 24.00 0.00 5.00 0.00 0.00 0.00 762.17 3,839.18 29,860.88 4.00 4,029.00 1,001.00 1,093.00 4,500.00 1.00 0.00 0.00 0.00 4,500.00 4,029.00 I,Ix)i.00 1.(193.00 73,719.70 18,755.23 7,589.35 11,165.88 3,550.68 88,436.26 180,024.70 63,486.82 61,441,82 2,045.00 O.CKI 182,069.70 Endowment Funds Total 180,024.70 63,486.82 61,441.82 2,045.00 0.00 182,069.70 15