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 0rganl5at￿nS
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
3*74
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
In￿stment 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 Pa￿entsA¢￿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• Ch￿￿h 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 Gl*be HouselRertory asthe currtnt estlmated
r•sSdu81 value is not les5than Its carrying valu• and the rem3lnlnB usefrjl lifè currently exteeds 50 years.
A store OppO￿te 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•5trr￿ts
Flxed asset Inveslments comprlslng other propÈrtles and Representatlvè Church Body IRCBI Investments are
intially recordedat C(￿tand wethen subsequently ststed at falr v)lue at*ach 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
01￿1.24
Inwmln$
Resource5
Outgoln8
ResoU￿e5
Investment
At
31.12.24
Tran$fers
GalnllLossl
Restrlcted Funds
Restricted Funds
12.475
12,931
128
25,278
128
Unre5tr1rtÈd Fund•
Desl8Thated Bowling Club &
SNATCH fvnd
4,046
1,456
18791
4,623
General Fund
550.441
75.868
85.374
540,935
554.487
77.323
86.253
545,558
Total Funds
566 962
90,255
570,836
Purposes of RestrlrtEd F￿d$
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