Ballymagrane Congregation of the Presbyterlan Church In Ireland Statement of Receipts and Payments - Year Ended 31 December 2024 Note Unrestrlcted Funds Restricted Fund5 Endownment Funds Total 2024 Total 2023 Recelpts Donatlons & Legacies Charitable Activities Other trading activltSes Investment Sncome Other income 41,432 8,941 14,245 50,373 14,245 200 2,865 2,414 47,260 13,762 200 1,550 3,024 200 580 2,414 2,285 Total Recelpt5 44,627 25,471 70,098 65,796 Payments Raising Funds Charltable Actlvlties shares Purthased 3,212 22,493 3,212 71,572 3,748 61,809 50,000 49,079 Total Payments 49,079 25,705 74,784 115,557 Net Receipts I Payments Transfers net 14,4521 11,6901 12341 1,690 14,6861 149,7611 Net movement in funds 16,1421 1.456 14,6861 149,7611 Funds brought forward 01 January 2024 29,187 78,305 107,492 157,253 Deduct non cashlbank related Endown Funds Funds carrled forward 31 December 2024 23,045 79,761 102,806 107,492
Ballymagrane Congregation of the Presbyterian Church In Ireland Statement of Assets and Liabillties - Year Ended 31 December 2024 Unrestricted Fund5 Restricted Funds Endownment Funds Total 2024 Total 2023 Funds Reconcllation Bank and cash at start of year 29,187 78,305 107,492 157,253 Net movement In fund5 16,1421 1,456 14,6861 149,7611 Bank & cash at end of year 23,045 79,761 102,806 107,492 Bank & Cash Balances Deposit Accounts Current Accounts 6,834 16,211 644 79,117 7,478 95,328 6,085 101,407 Total 23,045 79,761 102,806 107,492 Memorandum Note Only Investments Endownment Funds Natlonal Savings 119,806 40,000 114,398 40,000 159,806 154,398 Fixed Assets Assets retained for the Church's own use comprlse the followlng properties and are stated at insured valuation5:_ Church Bulldings and Contents 942,568 911,574 Approved by trustees on 1310312025 and signed on its behalf by: Mrj es Cromle Mr Murray Trustee Date.. 1310312025 son Trus Date: 1310312025
Ballymagrane Congregation of the Presbyterian Church In Ireland Notes to the Accounts - Year Ended 31 December 2024 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total income of the congregatlon 15 less than £250,000 the congregation have elected in accordance wlth the provlslon5 in The Charities (Accounts and Reports Regulations (Northern Irelandl 2015 to prepare Its accounts on a recelpts and payments basls. FUND ACCOUNTING Endowment funds are funds, the capital of whlch must be retained either permanently or at the congregatlon's discretlon. the income derived f rom the endowment Is to be used either as re5trlcted or unrestrlcted income funds dependlng upon the purpose for whlch the endowment was establlshed in the flrst place. Restricted funds comprise lal Income from endowments whlch Is to be expended only on the restrScted purpose5 Intended by the donor and Ibl revenue donations or grants for a speclfic congregational activity intended by the donor. Where these funds have unspent balances. interest on thelr pooled Investment Is apportloned to the indivldual funds on an average balance basls. Unrestrlcted funds are income funds whlch are to be spent on the congregatlon's general purpose5. Deslgnated funds are general funds set aside by the congregatlon for use In the future. RECEIPTS 2. DONATIONS & LEGACIES Unrestricted Funds Restrlcted Funds Endowment Funds Total 2024 Loose collectlons Donatlons & gifts Glft Aid Legacies & bequest 780 33,760 5,383 1,509 780 41,392 6,692 1,509 7,632 1,309 41,432 8,941 50,373 3. CHARITABLE ACTIVITIES Unrestrlcted Funds Restricted Funds Endowment Funds Total 2024 Income from charitable activity & fundraislng Membership Fees Grants 10,414 1,050 2,781 10,414 1,050 2,781 14,245 14,245 4. OTHER TRADING ACTIVITIES Unrestricted Funds Restricted Funds Endowment Funds Total 2024 Lettlng of Premises 200 200 200 200
Ballymagrane Congregatlon of the Presbyterian Church In Ireland Notes to the Accounts - Year Ended 31 December 2024 5. INVESTMENT INCOME Unrestricted Funds Restricted Fund5 Endowment Funds Total 2024 Bank Interest Dividend 580 2,285 2,865 580 2,285 2,865 6. OTHER INCOME Unrestricted Funds Restrlcted Funds Endowment Funds Total 2024 NIE Wayleave Payment Grave Fees Other Recelpts 14 1,000 1,400 14 1,000 1,400 2,414 2,414 PAYMENTS 7. RAISING FUNDS Unrestricted Fund5 Restrlcted Funds Endowment Funds Total 2024 Fundralslng 3,212 3,212 3,212 3,212 8. CHARITABLE ACTIVITES Unrestrlcted Funds Restrlcted Funds Endowment Funds Total 2024 General Assembly Assessments & Payments Presbytery Fees Minlstry & support Staff RunnSng expenses Donatlons to Misslons/Charities Governance costs Grants Refunded Flxed Asset Additions 6,036 244 22,926 19,873 6,036 244 22,926 36,002 6,364 16,129 6,364 49,079 22,493 71,572
Ballymagrane Congregation of the Presbyterian Church In Ireland Notes to the Accounts - Year Ended 31 December 2024 9. FUND BALANCES Balance at start Receipts Payments Surplus/ IDeflcStl Transfers nett Balance at end Unrestrlcted Funds General 29,187 44,627 49,079 14,4521 11,6901 23,045 29,187 44,627 49,079 14,4521 11,6901 23,045 Restrlcted Funds United Appeal General Misslon fund Renovation Fund Organ and Choir Fund Sunday School Youth Guild Gir15 8rlgade 3.369 1,305 5,285 50 583 34 14,845 3,369 2,995 4,875 11,6901 410 50 17511 11661 1,913 1,690 65,387 522 4,823 238 7,335 65,797 572 4,072 72 9,248 1,334 200 12,932 78,305 25,471 25,705 12341 1,690 79,761 Total Funds 107,492 70,098 74,784 14,6861 102,806