an DRAPERSTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY Draporstown Presbyterian Church Roceipts and Payments Account for the year ended 31 December 2024 Unrestricted Restrlcted Funds Funds 2024 2024 Total Total Note 2024 2023 Racel ts Weekly Freewill Offering Sabbath Collection Speclal Colleclions GiftAid Gift Aid- GASDS Gift Aid Interest 13,014.00 823.55 13,014.00 13,705.10 823.55 413.55 4,109.30 7,084.00 2,351.64 4,473.44 378.43 73.00 106.25 181.71 1,022.09 1,125.94 2,030.00 13,625.00 7,043.37 613.27 613.27 1,155.68 7,240.08 36,043.53 35,255.79 4,109.30 487.51 1,864.13 378.43 106.25 1,022.09 11,595.00 Investment income Olher receipts Receipts regarding Organisations Total Recei t8 28,803.45 ment8 General Assembly Assessments Church Running Costs Sunday School Costs Manse Costs Administration Costs Charitable Donations Payments Regarding Organisations Total Pa ments 9,672.78 4,447.50 124.74 2,902.37 5,169.93 9,672.78 4,447.50 124.74 2.902.37 5,169.93 8,994.13 4,903.27 4,625.06 5,518.66 1,728.00 770.03 770.03 957.76 770.03 23,087.35 26,726.88 10 22,317.32 Excess of Receipts over Payments for the year before transfers 6,486.13 6,470.05 12,956.18 8,528.91 Capital payments Tran8fer8 Transfer to Investment (8,130.001 (8,130.001 Not movement In funds (1,643.87) 6,470.05 4,826.18 8,528.91 Funds brought forward 77,144.86 15,438.54 92,583.40 84,054.49 Funds carried forward 75,500.99 21,908.59 97,409.58 92,583.40
an DRAPERSTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS & LIABILITES AS AT 31 DECEMBER 2024 Unre8triGted Funds Total Funds Total Funds Restrlcted Funds 2024 2024 2024 2023 Fund8 Reconcillatlon Bank and Cash at 5lart of year Net movement in funds Transfer From Deposil Account to Investment 77,144.86 15,438.54 (1,643.87) 6,470.05 92,583.40 84,054.49 4,826.18 8,528.91 Bank and Cash at end of year 75,500.99 21.908.59 97.409.58 92.583.40 Bank & Cash Balanc88 Current Accounts Deposit Accounts Cash 11,543.59 11,889.31 23,432.90 18,762.48 63,957.40 9,856.77 73,814.17 73,658.41 162.51 162.51 162.51 75,500.99 21,908.59 97,409.58 92,583.40 Total Cash Fund8 11 OTHER ASSETS Investment Assets Investments Other Listed Investments NFU Investment Investment Properties Total Investment A88et8 2,760.54 96,411.39 2,760.54 2,760.54 99,171.93 96,411.39 12 2,657.91 99.171.93 2,657.91 101,829.84 99,171.93 Flxed A88et8 13 Manse Glebe Land Church Disabled Toilets Sound System Total Fixed Assats 160,000.00 250,000.00 10,318.00 160,000.00 160,000.00 250,000.00 250,000.00 10,318.00 10,318.00 8,130.00 8,130.00 8,130.00 428,448.00 420,318.00 420,318.00 Approved by the Kirk Session at a meeting on the D3- 25 and signed on its behalf by Reverend T Boyd Mr Steph n Lint Minister 10
an DRAPERSTOWN CONGREGATION OF THE PRESBYTERIAN 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 congfegation 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 capitsl 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. Restricted funds comprise (a) income from endowments which 18 to be expended only on the restricted purposes intended by the donor and (bl 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 b8SIS. 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. STATEMENT OF ASSETS AND LIA81LITIES FIXED ASSETS The assets of the congregation, retained for its own use comprise'.- Church Building and Graveyard Manse Glebe land The Church Building and Graveyard are deemed to be Herilage assets as defined by the Charities SORP (FRS102). These Heritage assets are not included in the statement of assets and liabilities as information on the cost or valuation is not available and such information cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the parish. The Manse and Glebe land has been recognised on values which the Trustees deem to represent the estimaled fair value of the property at 1 January 2018. No depreciation has been provided on this building as the current estimated residual value is not less than its carrying value and the remaining useful life currently exceeds 50 years. 11
an DRAPERSTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2024 2. special collections Unrestricted Rostrlcted 2024 2024 Total 2024 Total 2023 Donor United Appeal United Appeal re 180lh Anniversary ColleGtion Harvest Envelope & Loose Offering Presbyterian Children Society Gospel Music Evening Tear Fund st. Patiick's Open Day Ukraine Collection Turkey-syria Earthquake Appeal TOTAL 1,925.00 1,925.00 1,255.00 671.00 2,270.00 356.51 1.310.00 407.00 1,021.60 286.00 469.70 407.00 1,021.60 286.00 469.70 537.40 684.09 4,109.30 4,109.30 7,084.00 3. Other recelpts Unrestrl¢t•d Restrfcted 2024 2024 Total 2024 Total Donor 2023 Land & Railway Rent (Net of Feel Wayleave Single Farm Payment150%} Eddie Burns Shortfall Manse Rent Presbyterian Herald Sa le of Ca lenda rs Donation Barney McAuley Donation from Capernwray Team members Donation from Ballinascreen Credit Union Donation from the Late Joe Dick50n Harvest Envelope & Loose Offering 2,200.00 2,200.00 2,095.00 211.37 750.00 2,800.00 5,215.00 60.00 750.00 2,800.00 5,215.00 60.00 4,607.00 40.00 20.00 50.00 20.00 50.00 20.00 50.00 20.00 200,00 300.00 200.00 300.00 2,030.00 2,030.00 2,030.00 13,625.00 11,595.00 7,043.37 4. Receipt8 regarding Organl8atlon8 Unrestrlcted Restrlctod 2024 2024 Total Total 2023 2024 Tobermore & Draperstown P.W Sunday school TOTAL 613.27 613.27 1.155.68 613.27 613.27 1,155.68 12
an DRAPERSTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2024 5. Church running costs Unrastricted Restricted 2024 2024 Total 2024 Total 2023 Tobermore Presbyterian 1/3 Expenses Grass Cutting Grave Maintenance Electricity Water rates Repairs Sundry expenses TOTAL 317.00 317.00 371.80 950.00 1,000.00 208.00 2,732.50 1,000.00 208.00 2.732.50 3,177.02 182.85 171.60 190,00 190.00 50.00 4,447.50 4,447.50 4,903,27 6. Sunday School costs Unrestrlcted Restrlctod 2024 2024 Total 2024 Total 2023 Sundry Expenses Sunday School Expenses TOTAL 124.74 124.74 124.74 124.74 7. Manso co8t8 Unre8trict•d Re8trl¢ted 2024 2024 Total 2024 Total 2023 Insura nce Rate5 220.00 1,340.21 133.44 21.21 1.117.51 220.00 1,340.21 133.44 21.21 1,117.51 250.00 1,278.43 75.98 20.65 Water Rates Bank Charges Damp Repairs New Boiler and Installation Sundry TOTAL 3,Crf)O.00 70.¢X) 70.00 2,902.37 2,902.37 4,625,06 13
an DRAPERSTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2024 8. Admlnlstration Costs Unrestrlcted R85trlcted 2024 2024 Total Total 2024 2023 Printing Postage & Stationery Organists Calendars Advert Insurance Presbyterian Herald St Patrick Open Day Expenses Audit & Accountancy Sundry Speaker5 Ballinascreen 180th Anniversary Booklets TOTAL 405.00 405.00 541.00 1,681.00 392.00 1,898.00 1,898.00 58.00 749.31 36.00 488,15 1,080.00 156.20 100.00 237.00 825.35 40.00 825.35 40.00 252.93 1,170.00 578.65 252.93 1,170.00 578.65 5,169.93 5,169.93 5,518.66 9. Charltable donatlon8 Unrestrlcted Restricted 2024 2024 Total 2024 Total 2023 United Appeal 2022 United Appeal 2023 United Appeal 2024 Tear Fund Hope 365 Presbyterian Children's Society Gary & Mary Reid Open Doors St. Patrick's Open Day- Ukraine Collection Donatlon for Attendance at Capernwray TOTAL 660.00 818.00 250.00 1,728.00 10. Payments regarding Organlsatlons Unrestrlcted Restricted 2024 2024 Total Total 2023 2024 Tobermore/Draperstown P.W. TOTAL 770.03 770.03 957.76 770.03 770.03 957.76 14
an DRAPERSTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2024 11. Movement in Funds At1Jan Incomlng Outgolng Transfers Transfer to Investmont At 31 Dac 2024 Resources Resources 2024 Restricted fund8 TobermorelDraperstown 595.35 613.27 770.03 438.59 Building Fund IN0.2 Accountl Special Collections Sunday School 11,176.68 2,030.00 13,206.68 3,504.00 162.51 4,596.81 8,100.81 162.51 15,438.54 7,240.08 770.03 21,908.59 Unre8tricted fund8 General Fund 77,144.86 28.803.45 30,447.32 75,500.99 77,144.86 28,803.45 30,447.32 75,500.99 Total funds 92,583.40 36,043.53 31,217.35 97,409.68 NATWEST NFU Investment Investment 12. Investment Assets Openlng cost at 1 Jan 2024 Change¥ in v8lu8tion Additions 2,760.54 96,411.39 99,171.93 2,657.91 2,657.91 Disposals Closing cost at 31 Dec 2024 99 069.30 101829.84 Investments reGorded at co¥t. 15
an DRAPERSTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2024 13. FIXED ASSETS Man80 Glebe Land Sound System Church Total Openlng cost at 1 Jan 2024 Addltlon8 160.000.00 250,000.00 10,318.00 420,318.00 8.130.00 8,130.00 Closlng cost at 31 Dec 2024 160,000.00 250,000.00 10,318.00 8,130.00 428,448.00 The congregation owns the Church premises situated at 47 High Street, Draperstown, Co Londonderry and the associated fixtures, fittings, plant and machinery, which is not included in the value above. These have an insurance value of £622,884.37. 16