MONEYMORE CONGREGATIONAL CHURCH STATEMENT OF FINANCIAL AcfiviTY (Receipts and Payments Account) for the year ended 31 December 2024 Note Unrestricted Funds Restricted Funds Total 2024 Total 2023 Receipts Donations and legacies Charita ble activities Other trad ing activities Investment Income Other 50681 415 3017 53698 415 47705 1003 366 1220 1586 1172 Total Receipts 51462 4237 55699 49880 Payments Raising funds Charitable activities Other 50642 2994 53636 52813 Totsl Payments 50642 2994 53636 52813 Net receipts / {payments} Transfers between funds 820 1243 2063 12933) Net movement in funds Funds brought forward 820 23487 1243 74087 2063 97574 (2933) 100507 Funds carried forward li 24307 75330 99637 97574
MONEYMORE CONGREGATIONAL CHURCH STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2024 Unrestrbcted Funds Restricted Total Funds Total Funds Funds 2024 2023 Funds Reconciliation Bank and Cash at start of year Net movement in funds 23487 820 74087 1243 97574 2063 100507 {2933) Bank and Cash at end of year 24307 75330 99637 97574 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 73924 975 431 73924 25282 431 72713 24298 563 24307 99769 97574
MONEYMORE CONGREGATIONAL CHURCH NOTES TO THE ACCOUNTS 31 December 2024 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total income of the congregation 15 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 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, 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 Unre5trirted Funds Restrirted Funds Total 2024 Total 2023 Recorded giving: L005e collections Donations and gifts Gift Aid Legacies and bequest 45533 2588 429 48121 429 42050 5148 5148 5655 50681 3017 53698 47705
MONEYMORE CONGREGATIONAL CHURCH NOTES TO THE ACCOUNTS 31 December 2024 CHARITABLE AcfiviTIES Unrestricted Funds Restricted Funds Total 2024 Total 2023 Income from charitable activities Fees from weddings and funerals Fundraising event5 Membership fees Grants 415 415 403 600 415 415 ICK)3 4. OTHER TRADING AcfiviTIES Unrestrirted Funds Restricted Funds Total 2024 Total 2023 Letting of premises Trading income 5. INVESTMENT INCOME Unrestricted Funds Restricted Funds Total 2024 Total 2023 Deposit Interest Bank Interest 1210 io 1210 376 900 272 366 366 1220 1586 1172
MONEYMORE CONGREGATIONAL CHURCH NOTES TO THE ACCOUNTS (cont'd) 31 December 2024 OTHER INCOME Unrestricted Funds Restricted Funds Total 2024 Total 2023 Insurance claims Other income RAISING FUNDS Unrestrirted Funds Restrirted Funds Totsl 2024 Totsl 2023 FWO envelopes Fundraising events CHARITABLE AcfiviTIES Unrestricted Funds Restricted Funds Total 2024 Total 2023 Ministry and support staff cost5 Congregational running expenses Donations to Missions and charities 32198 32198 19038 2400 29226 19657 3930 594 2400 50642 2994 53636 52813
MONEYMORE CONGREGATIONAL CHURCH NOTES TO THE ACCOUNTS (cont'd) 31 December 2024 OTHER EXPENDITURE Unrestricted Funds Restricted Funds Total 2024 Total 2023 Investment properties expenses 10. FIXED ASSETS The congregation owns the Church premises situated at Lawford Street, Moneymore and the associated fixtures, fittings, plant and machinery.
MONEYMORE CONGREGATIONAL CHURCH NOTES TO THE ACCOUNTS (cont'd) 31 December 2024 11. FUND BALANCES Fund Balance at start Receipts Payment Surplus / (Deficit) Transfer Balance at end Unrestricted Funds No. l Account 23487 51462 50642 820 24307 23487 51462 50642 820 24307 Restricted Funds Deposit Account Missionary Cause Account Ladies Fellowship Account Noah's Ark Toddler Group Account 72713 811 63 5(Kl 1210 2598 83 346 1210 165 1271 {105} 73923 976 36 395 2433 iio 451 74087 4237 2994 1243 75330 Total 97574 55699 53636 2063 99637