## Tullyvallen Reformed Presbyterian Church
## Financial Report
Year Ending 31 December 2024 Together with the Office Bearers for 2025
“Now the multitude of those who believed were of one heart and one soul; neither did anyone say that any of the things he possessed was his own, but they had all things in common.”
Acts 4 v 32
## **Details of Office Bearers and Church Life**
**Minister:** Rev Philip T Murphy, Dip. Th. R. P. Manse 93 Aughnagurgan Road, Altnamackin, Newry, Co Down, BT35 0DY Tel: 028 3087 9126 Mob: 07855 988267 Email: philipmurphy600@btinternet.com **Elders:** George Hughes, Douglas Hughes, Ivan Bingham (Clerk of Session – address as for Secretary)
**Committee:** Raymond Blackwood, Joe Cornett, Desmond Hughes, David Hughes, Eric Nicholson, Ivan Warnock, Mark Hughes **Treasurer:** Heather Bingham 75 Cormeen Road, Lisagally, Killylea, Armagh, BT60 4NA Mob: 07512 052554 Email: ivanbingham@hotmail.co.uk
**Secretary:** Ivan Bingham 75 Cormeen Road, Lisagally, Killylea, Armagh, BT60 4NA Mob: 07988 920046 Email: ivanbingham@hotmail.co.uk
**Trustees:** Ivan Bingham, Beth Blackwood, George Hughes, Eric Nicholson
## **Sabbath School Teachers:**
Yvonne Hughes (Superintendent)
6a Mullaghduff Road, Cullyhanna, Newtownhamilton, Newry, BT35 0LD Mob: 07874 915289
Heather Bingham, Ivan Bingham, Douglas Hughes, Gareth Hughes
## **Public Worship:** Sabbath 10.30 am
**Precentors:** Ruth Hughes Tel: 028 3087 8240 Jill Hughes Mob: 07732 412415 Douglas Hughes Mob: 07812 188910 Desmond Hughes Mob: 07761 831406
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**Evening Service:** Second Sabbath - Feb, April, June, Aug, Oct, Dec @7pm – preceded by time of prayer at 6.30pm
**Agent for the Covenanter Witness:** Mrs Lorna Hughes 63 Aughnagurgan Road, Keady, Co Armagh, BT60 3DA
## **Women’s Fellowship**
**President:** Elizabeth Armstrong **Vice President:** Jill Hughes **Secretary:** Tracey Cranston Skerrymore, Drumacrib, Castleblayney, Co. Monaghan, A75PK22 Mob: 00 353 86 1967926 Email: traceycranston@gmail.com **Treasurer:** Yvonne Hughes 6a Mullaghduff Road, Cullyhanna, Newtownhamilton, Newry, BT35 0LD. Mob: 07874 915289 **Fifth Member:** Jacqueline Nicholson **United C.Y. President:** Gareth Hughes **Secretary:** Lorna Hughes **Treasurer:** Adam Armstrong **Fifth Member:** Ashley Armstrong
## **United Children’s Meeting**
**President:** Rev Philip T Murphy **Leaders:** Lorna Hughes, Douglas Hughes, Lisa Allen **Treasurer:** Douglas Hughes
## **Graveyard Committee**
Lena Brown: Mob 07885991592 Eric Nicholson: Mob 07879885977 Douglas Hughes: Mob 07812188910
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## **Subscribers:**
**Mrs Beth Blackwood**
**Mr & Mrs Raymond Blackwood**
**Mr & Mrs Ivan Bingham Mr & Mrs Sandy Brown Mr & Mrs Joseph Cornett Miss Elizabeth Cornett**
**Mr & Mrs George Hughes Mr & Mrs Douglas Hughes Mr & Mrs Desmond Hughes Mr & Mrs David Hughes Mr & Mrs Gareth Hughes Miss Katie Hughes Mr & Mrs Mark Hughes Rev & Mrs Philip Murphy Miss Gillian Murphy**
**Mr & Mrs Robert Nesbitt Mr & Mrs Eric Nicholson Mr & Mrs Andrew Nicholson Mr Stephen Nicholson Mr & Mrs Ivan Warnock**
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## **Subscriptions for 2024**
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Building & Ministry Mission
F.W.O.
Name / Number Repair Fund Fund Fund
1 £4040.00
2 £1960.00 £160.00 £220.00
3 £690.00 £10.00 £10.00
5 £1040.00
6 £3900.00
8 £400.00
9 £120.00
10 £1540.00 £20.00
11 £3915.00
12 £1990.00
14 £5200.00
15 £640.00
16 £12.12
17 £5660.00
18 £5340.00
19 £100.00
21 £480.00
23 £1880.00
26 £600.00
29 26.00
Mr & Mrs Eric Hughes 50.00
Mr William Hughes 100.00
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Totals £39683.12 £10.00 £160.00 £250.00
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## **Fairview and Tullyvallen Women’s Fellowship Account**
## **Subscribers 2024**
## **Subscribers (WF)**
## **Leprosy Subscribers**
Mrs Avril Armstrong Mrs Ruth Armstrong Mrs Gertie Armstrong Mrs Diane Armstrong Mrs Elizabeth Armstrong Mrs Lorna Armstrong Mrs Heather Bingham Mrs Cherith Black Mrs Beth Blackwood Miss Dot Creane Mrs Georgina Creane Mrs Joy Creane Mrs Rosemary Creane Mrs Ruth Creane Mrs Tracy Cranston Mrs Iris Hughes Mrs Jill Hughes Mrs Lynda Hughes Mrs Lorna Hughes Mrs Ruth Hughes (TV) Mrs Ruth Hughes (FV) Mrs Yvonne Hughes Mrs Sandra Murphy Mrs Jacqueline Nicholson
Mrs Avril Armstrong Mrs Ruth Armstrong Mrs Gertie Armstrong Mrs Diane Armstrong Mrs Elizabeth Armstrong Mrs Lorna Armstrong Mrs Heather Bingham Mrs Cherith Black Mrs Beth Blackwood Mrs Georgina Creane Mrs Joy Creane Mrs Rosemary Creane Mrs Ruth Creane Mrs Tracy Cranston Mrs Iris Hughes Mrs Lynda Hughes Mrs Lorna Hughes Mrs Ruth Hughes (TV) Mrs Ruth Hughes (FV) Mrs Yvonne Hughes Mrs Sandra Murphy Mrs Jacqueline Nicholson
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## **Fairview and Tullyvallen Women’s Fellowship Account 2024**
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Income Amount Expenditure Amount
Reconciled Balance -
31.12.23 £273.50 Kate McGuire £40.00
Meetings Offerings £579.00 Judith Tate £60.00
WF Subscriptions £445.00 Linda Smyth £40.00
Leprosy Subscriptions £405.00 Leprosy £405.00
Go Relief Fund £138.00 Mission Committee £222.50
Finance Committee £222.50
Affiliation Fee £60.00
Jayne and Lamin Dumbuya £200.00
Flowers £20.00
Go Relief Fund £138.00
BBQ Expenses £95.00
–
Gift Aid Tullyvallen Ladies £80.00
& Mrs Cherith Black
(Fairview)
Reconciled Balance 31.12.24 £417.50
Total £1920.50 Total £1920.50
Euro Account
Reconciled Balance – €2.00 Go Relief Fund €333.00
31.12.23 Changed €101 to sterling - €101.00
Meetings Offerings €151.00 transferred £86 to Stg account,
Go Relief €333.00 included in Meetings Offerings
Amount
Reconciled Balance – 31.12.24 €52.00
Total €486.00 Total €486.00
Treasurer: Mrs Yvonne
Hughes
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## **C.Y. Account 2024 Sterling Account**
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Income Amount Expenditure Amount
Balance in Bank 31.12.23 £284.25 Cash in Hand £227.75
Cash in Hand £229.85 Wedding Gift £25.00
Offering £22.90
Balance in Bank 31.12.24 £284.25
Total £537.00 Total £537.00
Euro Account
Income Expenditure
Balance in Bank 31.12.23 €819.42 Cash in Hand €166.39
Cash in Hand €154.19 Gift to Jayne and Lamin Dumbuya €500.00
Offering €12.20 for Building House
Balance in Bank 31.12.24 €319.42
Total €985.81 Total €985.81
Treasurer:
Mr Adam Armstrong
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## **Fairview and Tullyvallen Children’s Club Account 2024**
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Income Amount Expenditure Amount
Opening Balance – 31.12.23 £52.53 Selection Boxes (2 yrs) £112.50
Prizes Fun Night £71.00
Paid from Tullyvallen Jurassic Ark Encounters £190.00
Current account: Bank Charges £16.00
Selection Boxes (2 yrs) £112.50
Prizes Fun Night £71.00
Jurassic Ark Encounters £190.00
Interest £0.69
Closing Balance – 31.12.24 £37.22
Total £426.72 Total £426.72
Treasurer:
Mr Douglas Hughes
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## **Sabbath School Account 2024**
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Income Amount Expenditure Amount
Balance 31.12.23 £0.00 Lodged in Current Account £35.00
Sabbath School Offering £35.00
Balance 31.12.24 £0.00
Total £35.00 Total £35.00
Treasurer:
Mr Douglas Hughes
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## **Bequest Subscribers 2024**
**Name** Miss Bailie Mr Samuel Bingham Mr James Blackstock Mr Joseph Blackstock Mrs S Clarke Mrs J Cornett Mr Jim Davidson Mr John Dodds Mrs Dodds Mrs J Douglas Mr William Douglas Mr A Fee Mr Douglas Hughes Mrs E Hughes Rev D J Magee Mr Joseph McKee Miss M A McKee Mr Robert McKee Mr William McKee Mr D McMurdie Mr J McMurdie Mrs Redmond Mr John Stuart Mrs Warnock Mr J Jenkins **Total (Invested in Progressive Building Society) £13830.56**
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Progressive Building Society – Bequests – No 1 Account
Income Amount Expenditure Amount
Balance 31.12.23 £5312.99
Interest £31.88
Balance 31.12.24 £5344.87
Total £5344.87 Total £5344.87
Treasurer:
Mrs Heather Bingham
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## **Progressive Building Society – Bequests - No 2 Account**
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Income Amount Expenditure Amount
Balance 31.12.23 £8758.10
Interest £218.95
Balance 31.12.24 £8977.05
Total £8977.05 Total £8977.05
Treasurer:
Mrs Heather Bingham
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## **Progressive Building Society – No 3 Account**
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Income Amount Expenditure Amount
Balance 31.12.23 £22043.16
Fane Valley Shares -
Interest £771.51
Balance 31.12.24 £22814.67
Total £22814.67 Total £22814.67
Treasurer:
Mrs Heather Bingham
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## **Progressive Building Society – No 4 Account – 2 year fixed bond**
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Income Amount Expenditure Amount
Balance 31.12.23 £40000.00
Interest £2415.68
Balance 31.12.24 £42415.68
Total £42415.68 Total £42415.68
Treasurer:
Mrs Heather Bingham
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## **Building and Repair Account**
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Income Amount Expenditure Amount
Reconciled Balance £11176.61 Bank Fee £30.00
31.12.23
Monthly Offering £0.00
Gift Aid £0.00
Interest £11.19 Reconciled Balance 31.12.24 £11157.80
Total £11187.80 Total £11187.80
Treasurer:
Mrs Heather Bingham
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## **Business Investment Account No. 2**
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Income Amount Expenditure Amount
Balance 31.12.23 £871.27 Interest Tax £0.00
From HMRC Charities £9794.07
(Gift Aid)
Transfer to Current A/c £9446.37
– Gift Aid
Interest £30.54
Balance 31.12.24 £1249.51
Total £10695.88 Total £10695.88
Treasurer:
Mrs Heather Bingham
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## **Current Account 2024**
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INCOME EXPENDITURE
Reconciled Balance – 31.12.23 £70889.66
Weekly Freewill Offering £39683.12 Minister’s Salary £9746.44
Gift Aid – Weekly Freewill Offering £9601.25 Employee NI & Tax – (Employer NI not £5165.60
applicable)
Weekly Offering, Evening Services £111.10 Minister’s Pension £1300
Gift Aid – Weekly Offering & Evening Services £27.77 Pulpit Supply £135.00
Telephone and Broadband £480.00
Ministry Target £160.00 Student Support –Rev Kenneth Stephenson £1500.00
Gift Aid – Ministry Target £40.00 Ministers’ Conference £220.00 £18547.04
Mission Target £250.00 Church Expenses
Gift Aid – Missions Target £60.00 Electricity & Oil for Church & Church Hall £1822.98
Church/Hall/Manse Insurance & Public
Building and Repair Offering £10.00 Liability £2060.04
Gift Aid – Building and Repair £0.00 Rates - Manse £979.57
Water Rates £420.66
Gift Aid – Women’s’ Fellowship £80.00 £50023.24 Car Park, Manse etc £6673.82
Fixing Doors, Church £95.00 £12052.07
Other Income General Expenses
From Fairview – Half Rates, Manse Insurance, Minister’s Telephone Rev Kenneth Stephenson Present £500.00
and Manse Rental £3292.41 Covenanter Bookshop £190.97
Synod Meals £179.00 Affiliation Fee (WF) – 2 Yrs £100.00
Covenanter Witness £225.00 Mission Committee (WF) £222.50
Mr D J Magee £50.00 Finance Committee for Ministry (WF) £222.50
Use of Hall – George and Ruth Hughes £60.00 Leprosy (WF) £405.00
The late Mr Alan McBride – Grave and Use of Hall £510.00 Gift – Jonathan Agnew – Audit £50.00
The late Mrs Isobel Wilson – Grave and Use of Hall £510.00 Printing Presbytery Reports £132.00
Mrs Vera Cranston – Grave Subscription and Contribution £2760.00 Covenanter Witness £250.00
Cash Collection for Rev Kenneth Stephenson £270.00 Friday Club – Selection Boxes – 2 Yrs £112.50
Affiliation Fee (WF) £60.00 Books - Friday Club £71.00
Mission Committee (WF) £222.50 Jurassic Ark – Friday Club £190.00
Ministry Committee (WF) £222.50 Minutes of Synod £35.00
Leprosy (WF) £405.00 Camps Subsidy £325.00
Sabbath School Collection £35.00 Southern Pres Youth Committee £200.00
Rent from N.I.E £9.75 Synod Meals £237.00
Bank Interest £172.51 £8983.67 Bank Fees £110.61
Sabbath School Prizes £127.00 £3481.08
C/F C/F
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Total £129896.57 MINISTRY TARGET 2024 £3510.00
MISSION TARGET 2024 £3990.00 £7500.00
Total 41580.19
Reconciled Balance 31.12.2024 Total £88316.38
Treasurer: Mrs Heather Bingham
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**1. Accounts prepared by Mrs Heather Bingham**
**2. Accounts examined and found to be correct by Mr Jonathan Agnew BSc CMGA (Accountant)**
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