JESSIE EADES MEMORIAL CHURCH OF THE NAZARENE, DESERTMARTIN
STATEMENT OF FINANCIAL AcfiviTY (Receipts and Payments Account)
th
for the year ended 30 September 2024 NIC 106453
Note
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
Receipts
Donations and legacies
Charitable activities
Other trading activities
Investment Income
Other
51441
59931
242
64337
323
242
70
264
70
698
17
626
434
Total Receipts
51875
9066
60941
65303
Payments
Raising funds
Charitable activities
Other
24633
4075
24265
28708
24265
46079
5287
Total Payments
24633
28340
52973
51366
Net receipts / (payments}
Transfers between funds
27242
{206801
119274)
20680
7968
13937
Net movement in funds
Funds brought forward
6562
10875
1406
11281
7968
22156
13937
8219
Funds carried fonvard
io
17437
12687
30124
22156

JESSIE EADES MEMORIAL CHURCH OF THE NAZARENE. DESERTMARTIN
STATEMENT OF ASSETS AND LIABILITIES
As at 30 September 2024 NIC 106453
Unrestricted
Funds
Restrirted Total Funds Total Funds
Funds
2024
2023
Funds Reconciliation
Bank and Cash at start of year
Net movement in funds
10875
6562
11281
1406
22156
7968
8219
13937
Bank and Cash at end of year
17437
12687
30124
22156
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
30124
22156
30124
22156
Other Assets
Fixed Assets- Note 9
Church Buildings
Church Manse
800(X)O
155000
800(MJO
155000
955000
955(X)O
Liabilities
Loans
Other

JESSIE EADES MEMORIAL CHURCH OF THE NAZARENE, DESERTMARTIN
NOTES TO THE ACCOUNTS
30th September 2024
ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
As the total income of the congregation is less than £250,000 the congregation have elected in
accordance with the provision5 in The Charities (Accounts and Reports Regulations (Northern Ireland)
2015 to prepare its accounts on a receipts and payments basis.
FUND ACCOU￿rING
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 la) 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
Funds
Restricted
Funds
Total
2024
Total
2023
Recorded giving-
Offerings
Donations and gifts
Gift Aid
Legacies and bequest
41792
215
9434
6973
1517
48765
1732
9434
43374
9167
11796
51441
8490
59931
64337

JESSIE EADES MEMORIAL CHURCH OF THE NAZARENE, DESERTMARTIN
NOTES TO THE ACCOUNTS
th
30 September 2024
CHARITABLE AcfiviTIES
Unrestrirted
Funds
Restricted
Funds
Total
2024
Total
2023
Income from charitable activities
Fundraising events
Grants
242
242
323
242
242
323
OTHER TRADING ACTIVITIES
Unrestrtcted
Funds
Restricted
Funds
Total
2024
Total
2023
Letting of premises
Trading income
INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
Bank Interest
70
70
17
70
70
17

JESSIE EADES MEMORIAL CHURCH OF THE NAZARENE, DESERTMARTIN
NOTES TO THE ACCOUNTS (convd)
th
30 September 2024
OTHER INCOME
Unrestrirted
Funds
Restricted
Funds
Total
2024
Total
2023
Food Subscriptions
Heat & Light Subscriptions
Other Income
264
264
570
434
434
56
434
264
698
626
RAISING FUNDS
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
FWO envelopes
Fundraising events
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
Assembly Expenses & Budgets
Ministry and support staff costs
Congregational running expenses
Donations to Missions and charities
Governance Costs
5353
350
18540
2129
7482
350
19787
699
390
6240
23406
14608
1465
360
1247
699
390
24633
4075
28708
46079

JESSIE EADES MEMORIAL CHURCH OF THE NAZARENE. DESERTMARTIN
NOTES TO THE ACCOUNTS (cont'd)
30th September 2024
OTHER EXPENDITURE
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
Manse Maintenance
Church Building Maintenance
23070
1195
23070
1981
3306
1195
24265
24265
5287
FIXED ASSETS
The congregation owns the Church premises situated at 3 Knocknagin Road, Desertmartin, BT45 5LG
and a Manse situated at 16 Cherryvale Avenue, Desertmartin, BT45 5NT.

JESSIE EADES MEMORIAL CHURCH OF THE NAZARENE, DESERTMARTIN
NOTES TO THE ACCOUNTS (cont'd)
th
30 September 2024
10. FUND BALANCES
Fund
Balance at
start
Receipts
Payment
Surplus /
{Deficit)
Transfer Balance at
end
Unrestrirted Funds
Genera5 Fund
10875
51875
24633
27242
1206801
17437
10875
51875
24633
27242
{206801
17437
Restricted Funds
Sunday School
Youth
Special Treasures
Men's Fellowship
Ladies Fellowship
Bowls Club
Little Miracles
Coffee Mornings
Building, Repair & Maintenance
Meet & Eat Account
Missionary
Compassionate Ministries
32
357
24
164
132
119
243
47
318
72
175)
104
282
24
227
50
553
68
265
150
288
(82}
{2251
348
9835
389
12
24479
1121
1185601
336
11275
389
5919
20000
2164
3069
(905)
905
11281
9066
28340
119274)
20680
12687
Total
22156
60941
52973
7968
30124