AGHAVEA CHURCH OF IRELAND RECEIIryS AND PAYMEp¥fs ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unre5tr1eted Oeslgnaied Funds Fund5 2014 fie$ted Fund$ 2024 Totsl 024 Total 2023 Donations and Plate Collectlons Proceeds from Fund RabslnE Events Bank and Deposlt InteTe5t Investment Incorne Rental of Premlses Other Recwpts Grant Receipts from Pori5h Or8anisJllgn5 Total Recelpts 60,499 6,583 2.977 474 67,082 10.035 76.125 Zl.057 622 501 1,911 2.897 5.297 693 75,868 1.456 12,931 90,255 me Dlocesan C05tslAs5e5sment Church Runnln8 Costs Church Renovat4on Costs Churth Orrdn Hall Runnlng Costs Inc pwer nl refvnd GlebelRectory Costs Other Property Costs lance Independent Examlner's Fee Admlnistratlve Costs Fundralsln8 Costs CharItab t)onatlons Bank Char8es Interèst Preachers Expenses SuThlay SchooLExpenses Paymtntsfiom Parlsh 0rganl5atnS Sundry Tot•1 Payments 159,1331 12,6461 159,1331 12,6461 11281 11561 14.?541 11,t181 12.k081 115781 160,9161 12,8811 {19,8941 1128) 11561 14,7541 11,2181 12,8081 12,5781 17801 17231 16051 13,6181 11031 114931 11,1431 13,3971 12,4th)1 17631 17661 14731 15,7351 11341 11321 11351 16631 17231 10051 4,3331 11371 17151 1341 11501 14901 11501 14901 130 879 5,742 86.381 3,594 105,5191 85,374 1128 E¥c•ls of Recelpts o¥er Payments forthèyear befotre tr•nsfer¥ 19,5061 577 12.803 3.d74 479 Tran#fers Exc•ls of Reralpts o¥er P•yme1 forthe year 577 12A03 374 479 Qn behaltof the Trus$ MrAlbert MLthlland Mrs Shlrte oryIsoD
AGHAVEA CHURCH OF IRELAND STATEMENT OF ASSEfs AND LIABIUTIES AS AT 31 DECEMBER 2024 Unrestrl¢ted Funds 2024 D&sfynated Funds 2024 Re$trlcted Funds 2024 Total 2024 Total 2023 Cash Funds General Purposes Account 25,(XJ9 25.009 34,514 Bulldlng Fund Account 27,558 27,558 32,369 Bowlln8 Club and SNATCH Bank Account & Cash Balance 4,623 Total Cash Funds Instment Assets Other Propertv 50,000 50,000 50,OCiI RCB Inve5tment5 15,926 15,926 Total Investment Assets 65.926 65.926 65,926 Assets r•talned for th• P•rSgh's u Church Hall 250,CMJO 250,0 250,OC Gltbe HouselRectory Totsl a55ets rel•lned for th• P•rhh's use Net Current Assets 540.935 4.623 27,558 573,116 586,856 Credlwrs .' Amounihllln8 due wlthSn one yeor 12,2801 12,2801 119,8941 Total Assets 540.935 25.278 570,836 566,962 On behalf of the Tru5te*s MrAlbert Mcclellond Mrs SNrle¥ M Date:
AGHAVEA CHURCH OF IRELAND NOTES TO THE FINANCIALSTATEMETrirs FOR THE YEAR ENDED 31 DECEMBER 2024 l. Accouniingpo1th5 Set out below arethe prln¢lpal accountlnB pollcles whlch have been adopted in the compilation of the Receipts and Payments Account and the Slatementof Assets and Uabilftles. al R•relpts4md PaentsA¢Unt All Items of income and expenditure included within the Recelpts and PaymentsAccount have been aetounted foron a cash recelpts ba51& 11 The assets of thè Parlsh. r•talned forlts own u8•u)mprlse: - Church 8ulldln8 and Gwaveyard Church Hall . Glebe HouselRectory Brook Memorlal Hall - Store The Church Buidlin& Gravey7rd and Brookè Memorlal Hall are deemedtobe Herltsge assets4S defined byth• ChaTltles SORP IFRS 1021. These Heritage assets are not included in the statementofassets and fiabllltles as Informatlon on the c05t of valuatlon Is not avallable and such infomiailon cannot be obtained at a cost ¢ommensurate wlth tho beneffttothe user$ ofthe accountsand ¢othe Parlsh. Th• Chh Hall was construtted In 2000 at ¥ cgst ofapproxlmately£180.OLK). It is reeognlsed at Its approximate market value. The Gleb• HouselRectOry is vecogThlsed atdeemed ¢osL bein8the c4plt4lvalue placed on the propertyfor rates purposes. ND depreclation ha5 been provlded on the Glbe HouselRertory asthe currtnt estlmated r•sSdu81 value is not les5than Its carrying valu• and the rem3lnlnB usefrjl lifè currently exteeds 50 years. A store OppOte the church (formerly a cotta8e} Is Is retO8nlsed at it5 approximat• marketvalue. A loan has been recelvéd from UCIT up to a mJxlmum E2(rfXXIO to asslst wlth repalr anu renovatlon of the £hurch premlses. The drawdowD sofar has been totht value of £131215 wlth repaymént made In full. 111 1nV•5trrts Flxed asset Inveslments comprlslng other propÈrtles and Representatlvè Church Body IRCBI Investments are intially recordedat C(tand wethen subsequently ststed at falr v)lue atach yeaTenddate. 2. Re¢on¢lllBtlon of Cash Funds Total Cash Funds at Be6lnnin8 of the year Less.. Openln8 Creditor Openln8 Balanco ot 8eBlnnin8 of Y•ar 19,894 51036 Reeelptsfortheyejr ,255 Payments lorthe year 54.910 As repkesented by Total Cash Funds at end of tha year Less: Closin8Credltor Closing 8alan¢è at End of Year 57,190 1280 54,910
AGHAVEA CHURCH OF IRELAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 3. Mo¥ement In Fund$ At 011.24 Inwmln$ Resource5 Outgoln8 ResoUe5 Investment At 31.12.24 Tran$fers GalnllLossl Restrlcted Funds Restricted Funds 12.475 12,931 128 25,278 128 Unre5tr1rtÈd Fund• Desl8Thated Bowling Club & SNATCH fvnd 4,046 1,456 18791 4,623 General Fund 550.441 75.868 85.374 540,935 554.487 77.323 86.253 545,558 Total Funds 566 962 90,255 570,836 Purposes of RestrlrtEd Fd$ The restrlcted fund Is for the purpose of carrylng out Tenovatlon and repalr works to the par15h church. 4. Collecll?ns forThlrd Partles None The above amount have been Included In recelpts for ihe year under"Donatlons and plate collectlons" and In payrrents lor the year under'chariiable Donatlon5" 5. Transartlons wllh the Trustees No transactlons with Trustees durlng the year. io