an EDENDERRY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) For the year ended 31 December 2024 Note Unrestrlrted Funds Restrlrted Funds Total 2024 Total 2023 Recelpts Donations and legacies Charitable activities Other trading activities Investment Income Other 43,304 11,831 4,448 821 55.135 4,448 821 8,141 1,972 57.056 1.072 1,584 2,557 950 8,141 1,972 Totsl reipts 53,417 17.100 70,517 63,219 Payments Raising funds Charitable activities Other 247 31,710 18.720 loo 8,855 3,280 347 40,565 22,000 235 39,040 15.773 Totsl payments 50,677 12,235 62,912 55,048 Net receipts 1 {payments) 2,740 4.865 7,605 8,171 Funds brought forward Transfer to investment Transfer to restricted 57,533 60.650 118,183 110.448 {436} 18371 837 Funds carried forward 12 59,436 66.352 125,788 118,183 12
Presbyter an EDENDERRY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF ASSEfs AND LIABIUTIES As at 31 December 2024 Unrestrlrted Funds Restrirted Funds Total Funds 2024 Totsl Funds 2023 Funds Re¢onciliation Bank and Cash at start of year Net movement In funds 57.533 1,903 60.650 5,702 118,183 7,605 110.448 7,735 Bank and Cash at end of year 59.436 66,352 125,788 118,183 Bank & Cash Balances Bank CurrentAccounts Bank Deposit Account- Note 11 Cash in Hand 94.045 31,735 86,437 31,735 li 125,788 118,183 Other Assets Fixed Assets- Note 10 Investments- Note 11 119,000 119,000 119,000 119,000 Approved by the Kirk Session at a meeting on 20 March 2025 and signed on its behalf by: Rev R Orr (Minister} Date: Zo / 0312r Mrs Joyce Thompson (Clerk of Session) Date: 20 /(A125 13
an EDENDERRY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTE5 TO THE ACCOUNTS For the year ended 31 December 2024 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total income of the congregation is less than £250.OOOthe congregation have Èlected in accordance with the provisions in The Charities (Accounts and Reports Regulation5 (Northern Ireland} 2015to 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 forwhich the endowment was established in the first place. Restricted funds comprise lal income from endowment5 which is to be expended only on the restricted purposes intended by the donor and Ib) 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 Unrestricted Funds Restrlrted Funds Total 2024 Total 2023 Recorded giving Loose collections Donations and gifts Gift aid 34,809 948 9,249 380 352 1.850 44,058 1,328 352 9,397 45,455 715 594 10,292 7,547 43,304 11,831 55,135 57.056 14
an EDENDERRY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (conYd} For the year ended 31 December 2024 CHARITABLE AcfiviTIES Unrestrl¢ted Funds Restricted Funds Total 2024 Total 2023 Income from charitable activities 4,448 1,072 4.448 4.448 1,072 4. OTHER TRADING ACTIVITIES Unrestricted Funds Restrlcted Funds Total 2024 Total 2023 Other 821 821 1,584 821 821 1,584 INVESTMENT INCOME Unrestrfcted Funds Restricted Funds Total 2024 Total 2023 General Deposit interest General Investment Fund 1,301 6,840 1.301 6.840 833 1,724 8,141 8,141 2,557 15
an EDENDERRY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS IconVd} For the year ended 31 December 2024 OTHER INCOME Unrestricted Funds Restricted Funds Total 2024 Total 2023 Grant aid 1,972 1.972 950 1,972 1,972 950 RAISING FUNDS Unrestrlcted Funds Restricted Funds Total Z024 Total 2023 FWO envelopes Charitable Event 247 247 loo 235 loo 247 loo 347 235 CHARITABLE AcfiviTIES Unrestrirted Funds Restricted Funds Total 2024 Total 2023 General Assembly assessments Presbytery fees Ministry and support staff costs Congre8ational running expenses Or8anisational running expenses Donations to missions and charities 3,695 303 20,589 3,969 854 2,300 3,695 303 20.589 3.969 866 11.143 3,569 329 19,913 4,797 816 9,616 12 8,843 31,710 8,855 40,565 39.040 16
an EDENDERRY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (conVd} For the year ended 31 December 2024 OTHER EXPENDITURE Unrestrlcted Funds Restrfrted Funds Total 2024 Total 2023 Property and maintenance costs 18,720 3.280 22.000 15.773 18,720 3.280 22.000 15.773 10. FIXED ASSETS The congregation owns the Church premises situated at 41 Edenderry Road. Omagh BT79 OLX and the associated fixtures, fittings, plant and machinery. These have an insurance value £1,747,573. 11. INVESTMENTS The congre8ation has the following investment5. Amount5 are shown at market valuation. 2024 2023 General Investment Fund Property 2,879 116,121 2.879 116,121 119,000 119,000 17
Presbyter an EDENDERRY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (conVd} For the year ended 31 December 2024 12. FUND BALANCE5 Fund Transfer Between Transfer to Funds Investment Balance at 01.01.24 Balance at 31.12.24 Receipts Payments Unrestricted funds General 57.533 53.417 150,677} {837} 59,436 57.533 53.417 150.6771 18371 59.436 Restricted Funds Property Mission and Charity Congregational Sunday School Deposit 26,385 463 7,498 9,143 13.2801 18,6251 30,603 1.818 837 2.067 31,735 459 {330} 2.196 31.735 60,650 17,100 {12,2351 837 66,352 Total 118.183 70.517 {62.912) 125,788 The congregation has reviewed the basis on which it prepares its accounts and in order that these are prepared on a strict receipts and payments basis it has eliminated from its fund balances any funds which are not held in bank or cash balances. Any other funds, which the congregation holds, in particular investments, are disclosed on the Statement of Assets and Liabilities. 18