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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