NEWTOWNARDS BAPTIST CHURCH Financial Statements for the year ended 31 December 2024 Registered Charity in Northem Ireland (NIC108455) Scanned with CamScanner-; cs
NEwfowNARDS BAPTIST CHURCH STATEMENT OF FINANCIAL ACTIVITY Year ending 31 December 2024 Unrestricted Restricted Endowment Funds Funds Funds 118,044 15,162 Receipts Donations and Legacies Chartiable activities Other trading activities Investment income Other Note Total 2024 133.207 Total 2023 122.171 172 172 172 118,044 15.334 133,379 122.343 Sale of investments Sale of fixed assets Loans received Total Receipts 118.044 15,334 133,379 122,343 Payments Charitable activities Investrnent costs 78.164 28,711 106,875 97,764 78.164 28,711 106.875 97.764 Purchase of investments Purchase of fixed assets Loan repayments Total Payments 78,164 28,711 106,875 97.764 Net receiptsl(payments) Transfers betsveen funds 39,881 -1,383 -13.37T 1.383 26,504 24,578 Net movement of funds Funds brought forward 38,498 91.408 -11.994 60.409 26,504 151,818 24,578 127,239 Funds carried forward 129,906 48.415 178.322 151.818 Registered Charity in Northem Ireland (NIC108455) Scanned with CamScanner-; cs
NEwfowNARDS BApllsT CHURCH STATEMENT OF ASSETS AND UABIUTIES As of 31 December 2024 Unrestrlcted Restricted Endowment Funds Funds Funds Totsl 2024 Total 2023 Funds Reconciliation Bank and Cash at start of year Net movement in funds 91.408 38.498 60,409 -11.994 151,818 26,504 127.239 24.578 Bank and Cash at end of year 129.9C 48.415 178.322 151.818 Bank & Cash Balances Bank Deposil Accounts Bank Cuent Accounts Cash in Hand 46.528 129,387 2.407 178.322 60.409 91.408 151.818 Other Assets Fixed Assets - Noie 8
Church premises Futures, Fittings. EqUent Vehicles Investrnents - Note 9 Grfl aid receivable on donakns Llabilities Loans Other Total Funds 178.322 151.818 Approved by the Trustees at a meeting on 11 September 2025 and si3ned on their behalf ty. - Paul Clarke Church Treasurer erakj Thom son Church Secretary Registered Charty in Northem Ireland (NIC108455) Scanned with CamScanner-; cs
NEwfowNARDS BAPTIST CHURCH STATEMENT OF ASSEfs AND LIA81UTIES 31 December 2024 1. ACCOUNTING POU¢IES BASIS OF FINANCIAL STATEMENTS As ts total Irthe Of 15 less Ihan £250.Cm Ihe cuwJrEgaiiM ha¥t ekded in accdat vAlh wow"siorts in Charibes and Repts Regutic5 (Norllwn Irel 2015 to wepare its acuwrts on a recapls aTh1 basis. FUND ACCOUNTING derived from the endonent is io be used eitlr as restriatya ( w4eslKled ILThts depeThlDyJ wrpxe the eThJMnentwas estatlisw in Ihe fvsi a. Resti¢ted funds comwse lal income from eJyYrrs vkwth is to be e>?d txty Ihe restrided wyposes irdended by and Ibl reiRN donaticrts ty 9rants • SFeufic c4Y8re9atiyba dor#)r. Wtsre these ftmds IL3ve urtsFerrt set aside by the cwKJreg" fijtwe. I DONATIONS AND LEGACIES Unrestricted Restricted Endowment Funds Funds Funds 66.830 36,197 Total 2024 67.370 36.197 15.507 14.134 Totsl 2023 68.99) 33.230 6.754 13.198 al Recorded gMn9 b) LoJse offerir8S ¢1 Donabor6 9fft5 d) Gift aid e) Legaries •xJ teqLMts 13.507 1,116 13.018 118,044 15,162 133.207 122.171 I CHARITABLE ACThThES Unrestricted Restii¢ted Endowment Funds Funds Funds Total 2024 Total 2023 a) InCce charitaile adi¥ibes b) Fee5 frt*n dthJS fraIS ¢1 FuThJraisry ents d) Grants e) organisatiS ir 4. OThER TRADING ACIMTIES Unreslrfcted Restricted Endowment Funds Funds Funds Total 2024 Total 2023 81 LeiliThJ of premises bl Tradir6 in¢ome Registered Charity in Northem Ilaj {NIC1084551 Scanned with CamScanner-; cs
S. INVESTMENT INCOME Unrestricted Restrlcted Endovmient Funds Funds Funds 172 Total 2024 172 Total 2023 172 al Deposit interest bl General Investment FWKI cl Rents investment propert*s dl Other investment ineome 172 172 172 6. OTHERINCOME Unrestrlcled Restsicted Endowment Funds Funds Funds Totsl 2024 Total 2023 al InSLwance claims b} Other Ir]me 7. CHARITABLE ACTIVrnES UnTrstrieted Restricted Endowment Funds Funds Funds 6.308 50.827 19.505 Total 2024 6.308 50.827 34,295 13.922 Total 2023 8.150 48.867 23,562 15.456 a} Assocsation of Baptisl Churches b) Ministry and support stsff ¢05ts cl Corgregatsonal runrring eynses d) Donations to Mission5 and charibes e) Govemance costs Q Organisation expense5 14.789 13,922 1.523 78.164 1,523 106.875 1.729 97,764 28.711 8. FIXED ASSETS associated fixlures. fitliros. plant and mathiwy. T1 ha%E an iN8urance Vats of£2.219.682. 9. IMVESTMENTS Unrestricted Restricted Endowment Funds Funds Funds Totsl 2024 Total 2023 General Investment FuThJ Property Other investments 10. FUND BALANCES Balance at Receipts start Payments Surplus I Deficit Transfer Balance at end Fund Unrestrfcted Funds FWOIGeneral Fund 91.408 118.044 78,164 39,881 129.906 Restricled Funds Building Fund Missionary Fund 60.409 1.828 13.507 14.789 13.922 -12,962 415 47,448 968 1.383 Totsl 60.409 15.334 28.711 1.383 48,415 Endowment Funds Totsl 151,818 133,379 106.875 26,S04 178.322 Regi8tered Charity in Northem Ireland {NIC108455) Scanned with CamScanner-; cs