TRANSFORMATION CENTER MOUNT ZION COMMUNITY CHURCH {Free Methodist) FINANCIAL STATEMENT 31st. DECEMBER 2024 GENERAL FUND INCOME 2024 2023 Freewill Offerlng (Note 3) Glft Aid Refund Gift for Bibles In Dublin Towards Heat and Light MissSonaries Money towards Food Youth Laptop for Nick Designated Offerings & Gifts (pass through) Money towards Hillhall outreach Audio Minlslry Bank Interest From sale of Hymn book5 Gift From power Nl towards cost of power Gift towards repaiis Support of DTH Treasure Mlsc { pass through I 83,895.96 14,621.25 500.00 1,749.00 200.00 833.69 3,642.82 1,770.00 2,200.00 450.00 1,500.00 740.85 77,525.75 14,959.50 1,580.00 200.00 5,130.00 751.52 100.00 500.00 600.00 300.00 6,000.00 86.70 5,500.00 £118,490.27 £106,846.77 Church Plantin Balance in Church Planling fund Church Planling fund Income Church planting support lo Newry Church planting support given various areas Fund £17,651.08 £2,709.08 £1,200.00 £1,831.54 £13,272.30 £10,880.00 £1,200.00 £5,301.22 Balance £17,328.62 £17,651.08
EXPENDITURE 2024 2023 Pastoral Supporl {Note 1) 75,615.67 69,942.62 Missions Printing & Slalionery Church Cleaninglupkeep Light & Heat General Insurance Church, Hall and 137 Waler & Sewage Rates Audlo Minislry DTH Treasurer Ilems for church Copyright Licence Conference Levies G.B. Conference expenseslPaslors Retreat Data ProteclSon Food for Church meetings .10 {Note 41 Hlllhall outreach Wi-Fi for Church Gifls Tralnlng Course (CAP) Youth Laplop for Nick Sunday School Support Support for Holiday Bible Club Kids Zone Gifts of Bibles Insurance Manse Rates Manse Repairslupkeep, Manse Child proteclion (access Ni ) ( pass through } Designated (Note 2) 3,650.00 394.56 2,263.76 6,870.27 4,463.49 774.14 7,195.88 4,250.00 6,050.00 163.19 2,398.13 5,792,34 4,511.53 631.38 21.10 9,350.00 142.75 755.02 3,924.00 1,290.68 791.40 4,392.00 2,820.96 35.00 1,898.07 1,127.09 565.26 419.96 522.87 200.00 255.00 4,242.75 1,939.00 1,194.03 157.31 1,535.47 546.06 41.15 295.87 637.09 867.53 271.45 1,508.48 536.51 906.48 5.00 1750.00 120.00 £129 716.25 £110 316.05
135 & 137 Gregg Street Project INCOME 2024 2023 Gifts for new centre Support Rent for 135 1,350.00 6,000.00 5,650.00 1,704.00 5,500.00 5,700.00 13,000.00 12,904.00 Total Income for year 134 199.35 119,750.77 EXPENDITURE Water & Sewage Rates 137 Energia 137 Gas supply 137 Work & materials for 137 Secretary Photocopier upkeep Items for office Company House Work & malerlals for 135 Rates 135 Insurance 135 Loan Repayment to Bank Wi-Fi for office Mobile phone 261.89 528.73 1,587.31 102.00 6,518.60 1,343.93 43.48 34.00 277.08 500.66 1,407.34 1,200.00 6,630.00 514.48 184.07 60.00 678.52 651.00 8,069.54 571.00 123.27 £20 866.96 847.48 636.19 8,220.73 729.09 89.85 £20 743.28 Total Expenditure for year 153 491.07 131183.01 Excess Income Over Expenditure -19,291.72 -11,432.24 Balance at 1 st Jan 2024 Balance at 31st December 44 484.83 £25 193.11 55 917.07 £44 484.83 Bank Slalemenl reads £42,521.73
BUILDING FUND INCOME 2024 2023 Envelopes Gifts Gift aid on 60,000 gifl Inleresl To Be Tlf to other account 510.00 63,100.00 15,000.00 824.94 530.00 84.90 840.00 £79 434.94 £1,454.90 EXPENDITURE Bank Charges 0.00 0.00 Excess Income Over Expenditure Balance 1s1 January 2024 79.434.94 8,554.12 1,454.90 7,099.22 Balance 31st December £87 989.06 £8 554.12
Note 1 Pastoral Su ort Support foi Pastor Nick Serb Penslon Mlleage for Paslor NSck Serb Suppori lor P8slor Nathan Ivonlcl Pension Life Insurance lor pastors Ernployers Nation81 Insurance 31,104.00 2,069.76 3.600,00 35.330.00 1,965.80 1,546.31 £75.615.67 Note 2 Mlssiona Su ort Release Inlernallonal MIN. Urey Mi & Mrs A. Wilson Mr & Mrs D Lytlle Valenlln & Raluca 200.00 800.00 450.00 1.000.00 1,200.00 £3,650.00 Nole 3 Freewill offerln Cash Envelopes Direct lo bank 17,315.94 26,920.02 39.660.00 £83,895.96 Mone ent on food Nole 4 Young adults Light In the dark Come as you are CarollAGM Chii8lmas Food lor kids Kells Leadeishlp Day Americ8ns Sunday lunch Easter 50.00 102.01 246.35 117.70 163.77 348.83 55.01 410.19 317.22 86.99 1898.07