BANGOR INDEPENDENT METHODIST CHURCH AccouNTS QREPORTS YEAR ENDED 31" DECEMBER 2024
Treasurers Report 2024 It is with plciisurc that I prcscnt to you the financial report for Bangor Independcnt Methodist CIILircli for 2024. Deuleroiioiny 15 v l O says: 'Tlioii sliiilt siirely give Hiiii, and Iliiiie liearl sliall iiol be grieved wlien tlioii give.st unto Hiiii.. beLaiise Ili(Ilfor Iliis Iliiiig tlie Lord Illy Goil shall ble.ss tliee in all tliy work3., aii(l in (ill Iliat Ilioii piittest thine hancl uiilo. JJ I gyivc tlianks for tlic faithful givcrs in thc cliiii"Lli anLI gyivc pi.aisc that thc Lord continues to bless lis aq a cliurch f'amily as hL promises in Iqis word. Thc total incomc for tlic 2024 financial ycar was £68.831.02p, tliis was an increase of £3.554.98p over the previous year. This works out at an avL'ragie ot. £1,323.67p pcr WCLk. Includcd in this totiil is thc gitt aid whiLh wc LlaiinLd back from HMRC which wa% £9,529.27p, tlii% was an increase of £801 .19p on the preirious year. Tlie cliui'cli expcii4Ls for tlIL 2024 tinanLial yC<ll' wLrL £61,370.13p which was an 11ILredse of £3,749.9.3p over thL pfcvioLlS year. Overall, WL liad a surplus of inLome ovcr expciiditLirc Iliis ycai. of £7,460.89p. Tlic fiinds WL hilVL in tlic bank on 31 Dccciiibci. 2024 wcrc: Tlic C'liarity AcLoiint £24.635.09p Fixed Temi Deposit £50,720.13p BLisincss Invcslincnt £146.25p Totcil £75.501.47p In 2024 wc werc Éigyiiill ¢iblc to gencrously support diffcrLnt missions and Inissioiiaries. The accounts sliow the 17 missions we supported. The total we donated tliis yciir was £15,591 .()0 wliiLli works out al almost a qU<lrter of our total income. Finally, I would likL to thank cvcryonc wlio h¢lS givcn so gcncrously to support the Lord's work and the cliurch inembers for the coiitinued opportunity to serve the church as treasurer. I wish you all every blessing. S K Snodgrass Treasurer Page I
BANGOR INDEPENDENT METHODIST CHURCH Financial Statement for Year Ended 31st December 2024 Cjenerxl Account Incojne Lxpendiliire rriL'will OIILring' .OO%L ( )IILfll) Mi%%ii)Il¢ily OIILriii PI"IyLr MLLIiiiL' Mi%sion Gill Aid OIIVL FJr&inLh Cite JiilJ Mi%%i()i) Clii'i%li)7il% C'ird D(?l)&ilion% SiiiidriL 38.59?.00 9.3 ?7.110 4,785.110 SGA P¢i%lor Support F.VL"ry 14011i¥ L-I'Li%adL Col¥raiii¥ IMQ- F'I ML. Mi4%ioii% BL'n & l %iliL"I' Sn)iih UFM NTM 'I'l)L C'Sirislian InNliluti .3.()00.00 I,000.oo 1,000.1111 400.00 siiii.110 o.11(I 3.01)5.00 9.5?1).27 ?50.11(1 4011.11() MAF. TakL I ILcd MinislriL AL'IIF. S Cowun - Seiinioi n's Mis%ion Kill% 4 SLI)(?i)I -5(111.00 -1. Ancllrsun - W(IM Lrdld (Il. I li% Coiiiinb ViNiliiigT %pL' Pa%liii' $411'1ry & PLll%i4)11 .1 r&lVLI L'xpLI)%LS Mali%¢ Rate.s 11)%L M2iiitLI)aiiLL Cliuril) - I l¥.'Il & l..iylil L'l)IirLlI & M&lliS¥ 111siiriinLL' L'l)IirLlI Mi diiilLiiaiiLL SiippliL N I W4ilLI' Cai. Riii)iiii)bi C"0%15 Lililiii¥fs & I Ic)lid41y L4iblL C'liib SlJlii)i)Lry & AdvLrli4ii)b' Q'C'LI Alert 1311s14irL I nokLI' & Fi'idgyc WLdJiiigi (ijft 'iin l)ay CoinpulLr L Obts Siii)clries ljaiik fLLb ?i}1.sn 2.3411.1111 ?7.1.3().hO 31)11.2 s 1,119().44 2,717 1)? ?.1?1..34 3 9X(?.()l) ?%4.711 1.594.1)9 6fj.1.11? ?11{i.11 ()211.110 97.1.110 ou.110 523.115 24.90 224.X6 B4111k InlLfL%I RIiLiVLd 59.1)? .1 olcil IIi¥oiiiL ()X.1131.1)? 'rotdl F..XPLiidiliii'L (11,.3711.13 14aloiicL Jl .3111 ?1?023 17.174.?n 13tslaiice Jl .31112120?4 24.().35.09 86.005.22 86.005.22 PrLSLlIt¥LI by.. fvlr Siiodg>rass ITrLasurLI'l Page 2
BANGOR INDEPENDENT MKTHODIST CHURCH inancial StatemL'nt for Year Ended 31 st December 2024 Weekl Envelo blf 17,4()().O blf 21 22 23 24 27.87.1.00 ? 194.00 3.050.00 6711.110 .39S.110 3?.S.110 415.1}1) ?411.110 ?.oxii.()11 3,??11.{111 12 13 14 911S.1)n 1.57fy.()0 .s?11.(10 16 17 18 19 20 ,{1117.110 26 27 28 29 30 ? sx(Tr.i)11 5.$5.110 10 clf 17,4()().()11 rlf ?7,X7.3.1111 "rotal J8,51)2.UO Cyift Aicl C.'Ipven#nt Receive(I Ba%eil on 2023 OffLirin blf blf 16 18 19 20 21 29 s.s? 1.110 4(?3.75 -s.iii.110 l)?.1.7S ?4.1.7.S .34N..S11 (IlX.7S N()2.$1) .15(1.011 io ?7..511 3(}7..511 5?.5.1111 243.75 177..50 12 i.s 315.00 clf 3.557.?.S clf 5,5?1.00 7.4014..50 SMAII DonAlions Scliiime liileresi Pxid ? ono.00 12(1.77 Total 9.529.27 PAge 3
BANGOR INDEPENDENT METHODIST CHURCH Financial Statement for Year Ended 31st December 2024 I,AI)IES F"Tr;I,LOWSHIP Otlirinb,. CIIUI'LI) CJLiicf411 AL i ?x?.01) 18.011 Marioni)a Fcrgvuson (AL RE) Ali%oii Tiitly {Fciiih Mi55ion) NL w TribL4 Missioii 411nLla AikLn IFLLd My Lanib%) Kar¢n W4ill¢lC¥ {C'F.P I 160.00 351).00 ?51.00 2?S.110 To1411 InLOIIIL i.ioo.00 Tolal ExpLnililiirL 1.286.nO Ilcll&qllLL ill I l / l ?/?o?.I 3().1)O 11411ill¢L at 311121?11?4 511.110 1,336.00 ,336.00 BII,%INTr.SS INVI4.S'I'MTr:N'I' AC:COIIN'I' Inl¥fLs1 rL¥LivLd 14().?5 -I'riiiitslcr li) F'ixLd TLriii 4l¢LI)Iinl 50.7?0.13 11411ill)LL 411311121?11?3 $1).7?11.1.I Fliilancc 491311121?Q?4 14().?5 $0,86(F.38 0,866.38 FIXb,D I'ERM I)II POSIT AC'C.'()IIN" 'l-rLinsl¥r l() FixLd '] lf1 lCLC)unt 5{).7?11.13 Biili2ll¢L at 3111212{1?4 50.7?0.13 411,720.13 0,720.13 Page 4