LECKPATRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEIVIENT OF FINANCIAL ACTIVITY (Receipts and Payrnents Account) for the year ended 31 December 2024 Note Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Receipts Donations and legacies Charitable activities Other trading activities Investment Income Other 77,024 34,707 37,513 111,731 37,513 1075 6,280 103,732 14,436 372 2,476 1,075 3,782 2,498 Sale of Investments Sale of fixed assets Loans Received Total Receipts 81,881 74,718 156,599 121,016 Payments Raising funds Charitable activities Investment costs Other 600 70,783 600 116,185 709 100,675 45,402 120,000 120,000 9,767 71,383 165,402 236,785 Ill,1 Purchase of Investments Purchase of fixed assets Loan Repayments Total Payments 71,383 165,402 236,785 Ill,1 Net receipts / (payments} Transfers between funds 10,498 (73,401) (90,684) 73,401 (80,186) 9,865 Net movement in funds Funds brought forward (62,903) 87,515 (17,283) 35,939 (80,186) 123,454 9,865 113,589 Funds carried forward 12 24,612 18,656 43,268 123,454 13
LECKPATRICK CONGREGATION OF THE PRESBITERIAN CHURCH IN IRELAND srATEMENT OF ASSEfs AND LIABILITIES A5 at 31 December 2024 Unrestricted Restricted Endowment Funds Fund5 Funds Total Funds 2024 Total Fund5 2023 Funds Reconciliation Bank and Cash at start of year Net movement in funds 87,515 {62,903} 35,939 (17,283) 123,454 (80,186) 113,589 9,865 Bank and Cash at end of year 24,612 18,656 43,268 123,454 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts/ca5h in Hand 43,268 123,454 43,268 123,454 other Assets Fixed Assets- Note 10 Church Premise5 Fixtures, Fittings & Equipment 3,649,019 3,475,257 Investments- Note 11 Gift Aid receivable on donations 131,921 125,966 3,780,940 3,601,223 Liabilities Laans Other Approved by the Kirk Session at a meeting on 11 February 2025 and signed on its behalf by [Narne] [Date] Il. O'L. ac. [Date) 14
LECKPATRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2024 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 provisions in The Charities (Accounts and Reports Regulations (Northern Ireland) 2015 to prepare its accounts on a receipts and payments basis. FUND ACCOUNTING Endowment funds are funds, the capital of which must be retained either permanently or at the congregation's discretion: the income derived from the endowment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place. Restrlcted funds comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor and (b) revenue donatlons or grants for a specific congregational activlty Intended by the donor. Where these funds have unspent balances, interest on their pooled investment is apportioned to the indlvldual 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 aside bythe congre8ation for use in the future. DONATIONS AND LEGACIES Unrestricted Funds Restricted Endowment Funds Funds Total 2024 Total 2023 Recorded giving: Loose collections Donations and gifts Gift Aid Legacies and bequest 62,875 656 19,854 82,729 656 10,707 17,639 81,096 656 6797 15,183 10,707 4,146 13,493 77,024 34,707 111,731 103,732 15
LECKPATRICK CONGREGATION OF THE pRE5BERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2024 CHARITABLE ACTivrriES Unrestricted Restricted Funds Funds Endowment Funds Total 2024 Total 2023 Income frorn charitable activities Fees from grave opening Fundraising events Membership fees Grants 1,521 1,521 1,517 24,851 4,673 6,468 24,851 4,673 6,468 6,723 4,796 1,400 37,513 37,513 14,436 4. OTHER TRADING ACTivrriES Unrestrlcted Funds Restricted Endowment Funds Funds Total 2024 Total 2023 Electricity Way leave Fee for grace opening Use of Church Hall Periodicals 45 300 45 684-. 45 300 45 --684-- 42 100 230 1075 1075 372 INVESTMENT INCOME Unrestricted Funds Restricted Endowment Funds Funds Total 2024 Total 2023 Deposit interest General Investment Fund Rents investment properties Other investment income 3,176 216 107 2391 3,283 2,607 57 2,054 396 396 365 3,782 2,498 6,280 2,476 16
LECKPATRICK CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {conVd) 31 December 2024 OTHER INCOME Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Total 2023 Insurance claims RAISING FUNDS Unrestricted Restritted Endowment Funds Funds Funds Total 2024 Total 2023 FWO envelopes Fundraising events 600 600 709 600 600 709 CHARITABLE AcfiviTIE5 Unrestrltted Funds Restricted Endowment Funds Funds Total 2024 Total 2023 General Assembly Assessments Presbytery fees Ministry and support staff costs Congregational running expenses Donations to Missions and charities 6,993 829 42,181 20,780 6,693 829 42.181 51,670 14,512 6,624 806 39,768 39,550 13,927 30,890 14,512 70,783 45,402 116,185 100,675 17
LECKPATRICK CONGREGATION OFTHE pREsBER1AN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2024 OTHER EXPENDITURE Unrestricted Funds Re5tritted Funds Endowment Total 2024 Funds Total 2023 Replacing main hall roof. 120,000 120,000 9,767 120,000 120,000 9,767 10. FIXED ASSETS The congregation owns the Church premises situated at 40 Berryhill Road Artigarvan, Strabane, the Manse situated at 27 Berryhill Road Strabane and the associated fixtures, fittings, plant and machinery. These have an Insurance value of £3,649,019. 11. INVESTMENTS The congregation has the following investments. Amounts are shown at market valuation. 2024 2023 General Investment Fund 131,921 125,966 131,921 125,966 18
LECKPATRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {conVd) 31 December 2024 12. FUND BALANCES Fund Balance at start ReiptS Payment Surplus l Transfer (Deficit) Balance at end Unrestricted Funds General Fund 87,515 81,881 71,383 {62,903) (73,401) 24,612 81,881 71,383 (62,903) (73,401) 24,612 Restricted Funds Property Fund United Appeal British Le8lon Poppy Appeal World Development UDR Benevolent Fund Pres. Children's Society Benevolent Fund Scripture Union Tuesday Club Bowling Club pw Mums &Tots Bovs Brigade Girl's Brigade Sunday School Child Evangelism Fellowshlp Students Bursary Fund 20,093 42,037 7,183 405 1034 212 137,842 (19,425) 7,184 (i) 405 1034 212 104 1,000 500 115 36 2,873 871 1,528 9,177 1,366 500 655 76,380 668 100 2,586 (1,000) 1,586 500 (100) (450) (1,330) (1,100) (800) (300) 161 280 1,838 481 5,496 4,043 961 267 498 4,794 1,969 4,567 9,700 1,393 52 12 591 (2} 2,239 223 27 213 292 2,429 479 7,735 4,266 988 500 655 35,939 74,718 165,402 (17,284) 73,401 18,656 Endowment Funds General Investment Fund Total 123,454 156,599 236,785 (80,187) 43,268 19