an ORRITOR CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL AcfiviTY {Receipts and Payments Account) for the year ended 31 December 2024 Note Unrestricted Restricted Endowrnent Funds Funds Funds Total 2023 Total 2024 Receipts Donations and legacies Charitable activities Other trading activities Investment Income Other 62232 27771 86569 2891 90003 1396 1396 1933 8333 250 445 3081 2183 8333 Total Receipts 72498 29417 92986 101915 Payments Raising funds Charitable activities Investment costs Property Related Costs 570 54653 550 80136 570 89519 34866 Total Payments 55223 34866 80686 90089 Net receipts / (payments) Transfers between funds -14412 14412 Net movement in funds Funds brought forward 2863 35620 8963 98905 12300 122225 11826 134525 Funds carried forward 12 38483 107868 134525 146351
an ORRITOR CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF ASSEfs AND LIABIUTIES As at 31 December 2024 Unrestricted Restricted Funds Funds Endowment Total Funds Funds 2023 Total Funds 2024 Funds Reconciliation Bank and Cash at start of year Net movement in funds 35620 2863 98905 8963 122225 12300 134525 11826 Bank and Cash at end of year 38483 107868 134525 146351 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 500(X) 57582 286 40000 94203 322 50000 96065 286 38483 134525 146351 Other Assets Fixed Assets - Note 10 Church Premises, Fixtures, Fittings & Equipment Investments- Note 11 Gift Aid receivable on donations 13011 6309 13011 6309 Liabilities Loans Approved by the Kirk Session at a meeting on I S 5 and signed on its behalf by Name". Rev. James Porter Name: Stewart Black Date: 1£ 6. Date: Signature..
an ORRITOR CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TOTHE AccouKrs 31 December 2024 ACCOUNTING POUCIES 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 pennanently or at the congregation's discretion. the income derived from the endowment is to be used etther as restritted 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, interest 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. DONATIONS AND LEGACIES Unrestrirted Restricted Funds Funds Endowment Funds Total 2023 Total 2024 Recorded giving: Loose collections Donations & Gift5 Gift Aid Legacies and bequest 40178 1370 15258 3202 57338 2378 15236 11617 55436 4572 4217 25778 3167 17517 1050 8261 62232 27771 86569 90003
an ORRITOR CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND NOTESTO THE ACCOUNTS 31 December 2024 CHARITABLE ACTIVITIES Unrestricted Restricted Funds Funds Endowment Totsl Funds 2023 Total 2024 Income from charitable activities Membership fee5 1 Grants 1126 270 2651 240 1126 270 1396 2891 1396 OTHER TRADING AcrivrriES Unrestricted Restricted Funds Funds Endowment Total Funds 2023 Total 2024 5. INVESTMENT INCOME Unrestricted Restricted Funds Funds Endowment Total Funds 2023 Total 2024 Deposit interest Other investment income 1685 225 25 253 192 1910 273 1933 250 445 2183
an ORRITOR CONGREGATION OFTHE PRES8YfERIAN CHURCH IN IRELAND NOTESTO THE Accoumrs 31 December 2024 OTHER INCOME Unrestricted Restrirted Funds Funds Endowrnent Total Funds 2023 Total 2024 Magazines Claggan Contrib / Use of Hall Gifts in Lieu Matured Education Board Fund Paternity Supply 338 884 342 186 338 884 6987 124 6987 124 2553 8333 3081 8333 RAISING FUNDS Unrestricted Restrirted Funds Funds Endowment Funds Total 2023 Total 2024 FWO envelopes 570 550 570 570 550 570 CHARITABLE ACTIVITIES Unrestricted Restricted Funds Funds Endowment Funds Total 2023 Total 2024 General Assembly Assessments 13421 Presbytery fees 342 Ministry and support staff costs 21371 Congregational running expenses 19519 Donations to Missions & Charities O 12519 280 24420 24999 17918 13421 342 21371 35310 19075 15791 19075 54653 34866 80136 89519
an ORRITOR CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2024 OTHER EXPENDITURE Unrestricted Restrirted Funds Funds Endowment Total Funds 2023 Total 2024 Property Related costs 10. FIXED ASSErs The congregation owns the Church premises situated at 255 Orritor Road. Cookstown, BT80 9NE, the adjoining Church halls, the manse for the minister at 253 Orritor Road, Cookstown and the associated fixtures, fittings, plant and machinery. INVESTMENTS The congregation has the following investments. Amounts are shown at market valuation. 2023 2024 General Investment Fund Other Investments 6024 6987 6309 13011 6309
ORRITOR CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2024 11. FUND BALANCES Fund Balance at start Receipts Payment Net Transfer Surplus / Balance (Deficit) at end Unrestricted Funds Number l Account 35620 72498 55223 -14412 2863 38483 35620 72498 55223 -14412 2863 38483 Restritted Funds Buildings Account Missionary Account Sunday School Account Youth Club Account Bowling Club Account PW Account CE Account 82102 22 12295 3352 454 392 288 10179 14517 220 29 736 3730 12891 17214 1406 30 554 2753 18 10080 3932 7368 1235 -1186 89470 1257 11109 3351 636 1769 276 182 1377 -12 400 98905 29417 34866 14412 8963 107868 Total 134525 101915 90089 11826 146351