an TRINITY OMAGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Recelpts and Payments Account) for the year ended 31 December 2024 Note Unrestrirted Funds Restrirted Endowment Funds Funds total 2024 Total 2023 Receipt5 Donations and legacies Charita ble activlties Other trading activities Investment Income Other 69,305 17,792 200 87,097 200 10,767 8,984 403 87,838 427 11,425 6,746 1,119 10,767 3,602 5,382 403 Total Receipts 83,674 23,777 107,451 107,555 Payments Raising funds Charitable activities Other 905 36,291 905 70,179 890 106,020 33,888 Total Payments 37,196 33,888 71,084 106,910 Net receipts / {payments) Transfers between funds 46,478 <1,261) (10,Iii> 1,261 36,367 645 Net movement i n funds Gains on investments Funds brought forward 45,217 <8,850) 36,367 645 37,70L 59,267 96,968 96,323 Funds carried forward 12 82,918 50,417 133,335 96,968 12
an TRINITY OMAGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILlEs As at 31 December 2024 Unrestricted Funds Restrirted Endowment Funds Funds total Funds 2024 Total Funds 2023 Funds Reconclliation Bank and Cash at stsrt of year Net movement in funds 37,701 45,217 59,267 (8,850) 96,968 36,367 96,323 645 Bank and Cash at end of year 82,918 50,417 133,335 96,968 Bank & Cash Balance5 Bank Current Accounts Bank Deposit Accounts 95,283 38,052 59,717 37,251 133,335 96,968 Other Assets Flxed Assets- Note 10 Investment5- Note 11 Net Assets Approved by the Kirk Session on and signed on its behalf bv: Rev Jane Nelson Mrs Claire McElhinney Mrs Yvonne Reid Date: Date: Date: 21 jaslw 13
an TRINITY OMAGH 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 wlth 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 retsined 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. Restricted funds comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor and (b> revenue donations or grants for a specific congregational activity intended by the donor. Where these funds have unspent balances, i nterest on their pooled investment is apportioned to the individual 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 by the congregation for use in the future. DONATION5 AND LEGACIES Unrestrlcted Funds Restrlcted Endowment Funds Funds Total 2024 Total 2023 . Recorded giving: Loose collections Donations and gifts Gift Aid Legacie5 and bequests 51,810 224 2,573 14,698 13,000 1,798 64,810 2,022 2,573 17,692 67,971 2,710 911 14,661 1,585 2.994 69,305 17,792 87,097 87,838 14
an TRINITY OMAGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2024 CHARITABLE ACTIVITIES Unrestrlcted Funds Restrlcted Endowment Funds Funds Total 2024 Total 2023 Income from charitable activities Fees from weddings and funerals Fundraising events Membership fees Gra nts/Gifts 167 200 200 260 200 200 427 OTHER TRADING ACTIVITIES Unrestricted Funds Restricted Endowment Funds Funds Total 2024 Total 2023 Letti ng of premises Insurance of premises Wayleave Book Sales 10.240 523 10,240 523 10,910 501 14 10,767 10,767 11,425 INVESTMENT INCOME Unrestricted Funds Restrlcted Endowment Funds Funds Total 2024 Total 2023 Deposit interest General Investment Fund Rents investment propertles 1,673 1,929 41 5,341 1,714 7,270 1,030 5,716 3,602 5,382 8,984 6,746 15
an TRINITY OMAGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2024 OTHER INCOME Unrestricted Funds Restrlcted Endowment Fund5 Funds Total 2024 Total 2023 Insurance cla ims Other income 403 403 1,119 403 403 1,119 RAISING FUNDS Unrestricted Funds Restricted Endowment Fund5 Fund5 Total 2024 Total 2023 FWO envelopes Fundraising events 905 905 890 905 905 890 CHARITABLE ACTIVITIES Unrestricted 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 Governance costs 7,107 514 10,728 17,562 7,107 514 10,728 36,509 14,941 6,228 500 52,319 33,163 13,510 18,947 14,941 380 380 300 36.291 33,888 70.179 106,020 16
an TRINITY OMAGH CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 Decernber 2024 OTHER EXPENDITURE Unrestricted Funds Restrlcted Endowment Funds Funds Total 2024 Total 2023 Investment properties expenses 10. FIXED ASSETS The congregation owns the Church premises Situated at John Street, Omagh, Co Tyrone, BT78 IDH, the Church Hall, the Sexton's House at 40 John Street, the Manse at 10 Mullaghmenagh Avenue, Omagh. Tyrone. BT78 5QH, and the associated fixtures, fittings, plant and machinery. These have an insurance value of £4,965,237. 11. INVESTMENTS The congregation has the following investments. Amounts are shown at market valuation. 2024 2023 General Investment Fund (22,056 shares> Other investments 307,836 274,057 307,836 274,057 Investments are omitted from the Ststement of Assets and Liabilities as they are non-cashlbank related endowment funds. 17
an TRINITY OMAGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {cont'd) 31 Decernber 2024 12. FUND BALANCES Fund Balance at start Recelpts Payment Surplus / Transfers Balan at end Unrestrlcted Funds General Fund 37,701 83,674 (37, 196) 46,478 (1,2611 82,918 Total UF 37,701 83,674 {37, 196) 46,478 (1,261} 82,918 Restricted Funds Property United Appeal World Development Moderatorfs Appeal Leprosy Mission Pres Children's Societv PoppyAppeal Students, Bursary Fund pw Choir Sunday School Monteith Presbyterian Heralds Bequest for Mlnister 55,074 8,213 7,220 5,342 { 17, 162) {7.702) <5,342) 18,9491 (4821 46,125 (9) (775) (250) 675 162 (ioji i(K) 2,118 1,813 910 < 1,093) (169) (983) (1831 (701 (5911 352 1,935 1,743 392 352 403 591 262 614 (403) Total RF 59, 267 23,777 (33,888) (10,1111 1,261 50,417 Endowment Funds General Investrnent Fund Non-GIF Total EF Totals 96,968 107.451 (n,084) 36.367 133,335 18