Year Ended 31 December 2023 Unrestricted Funds 2023 Restricted Funds 2023 Totsl Funds 2023 Total Funds 2022 RECEIPTS Donations Gift Aid Loan repayments Inlerest received Other receipts TOTAL RECEIPTS 90,688 17.347 90,688 17,347 84,913 18,634 72,000 215 298 298 PAYMENTS Baptist missions Baptist college Baptist women Baptist youth Pastoral support scheme Youth work UFM support Irish Baptist networks Pastor support Internship support Speakers expenses Other charitable expenses Mission Committee Wages and salaries Heat & light Water & telephone Cleaning Independent Examination fee Insurance Website expenses Subscriptions & licences Bank charges Sundry expenses TOTAL PAYMENTS 6,600 6,600 7.600 2,475 3.850 3,300 1,319 6,500 6,000 2,250 3,500 3.000 1,194 1,000 5,000 4,050 4.000 2,410 21,641 31,320 46,362 9,012 1,441 1,738 7.600 2.475 3.850 3,300 1,319 5.000 5,000 298 298 5.500 13,524 31,320 3,006 9,542 1.520 2,020 1,680 3,400 439 2.222 217 5,500 18.322 31,320 3,006 9,542 1,520 2,020 1,680 3,400 439 2.222 217 4,798 3.100 690 1,971 244 EXCESS OF RECEIPTS OVER PAYMENTS FOR THE YEAR BEFORE TRANSFERS 10,672 (9,546) 1.126 73,843 Transfers EXCESS OF RECEIPTS OVER PAYMENTS FOR THE YEAR Signed on behalf of the Trustees.. MR D LAUGHLIN
MAGHERAFELT BAPTIST CHURCH STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2023 Unrestricted Funds 2023 Restricted Funds 2023 Total Funds 2023 Total Funds 2022 FUNDS RECONCILIATION Cash at bank & in hand at 1 Jan 2023 Surplusl(deficit) for the year Cash at bank & in hand at 31 Dec 2023 98,188 98,188 24,345 BANK AND CASH Current accounts OTHER ASSETS {UnTeStricted fund) Property (insurance value) Fixtures, fittings & equipment (insurance value) 4.704.000 4.704,000 329 684 329 684 Sig d on behalf of the Tnjstees
MAGHERAFELT BAPTIST CHURCH
NOTES TO THE ACCOUNTS
Year Ended 31 December 2023
1. RECONCILIATION OF CASH FUNDS
| Total cash funds at 1 January 2023 Receipts for the year Payments for the year Total cash funds at 31 December 2023 |
2023 £ 98,188 125,363 (124,237) 99,314 |
|---|---|
2. MOVEMENT IN FUNDS
| Unrestricted Funds General fund Restricted Funds Church fund Total Funds |
At 1 Jan 2023 £ Incoming Resources £ 98,188 123,213 - 2,150 98,188 125,363 |
Outgoing Resources £ (112,541) (11,696) (124,252) |
Transfers £ (9,546) 9,546 - |
At 31 Dec 2023 £ 99,314 - 99,314 |
|---|---|---|---|---|
(124,252 |
3. TRANSACTIONS WITH THE TRUSTEES
There were no transactions with Trustees in the year.
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