NEWTOWNARDS BAPTIST CHURCH
Financial Statements for the year ended 31 December 2024
Registered Charity in Northem Ireland (NIC108455)
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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)
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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 Cu￿ent 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. EqU￿￿ent
> 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)
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NEwfowNARDS BAPTIST CHURCH
STATEMENT OF ASSEfs AND LIA81UTIES
31 December 2024
1. ACCOUNTING POU¢IES
BASIS OF FINANCIAL STATEMENTS
As ts total Irth￿e Of￿ 15 less Ihan £250.Cm Ihe cuwJrEgaiiM ha¥t ekded in acc￿da￿t vAlh wow"siorts in
Charibes and Rep￿ts Regu￿tic￿5 (Norllwn Irel*￿ 2015 to wepare its acuwrts on a recapls aTh1 basis.
FUND ACCOUNTING
derived from the endo￿nent is io be used eitl*r as restriatya (* w4eslKled ILThts depeThlDyJ wrpxe the
eThJMnentwas estatlisw in Ihe fvsi ￿a￿.
Resti¢ted funds comwse lal income from eJyYrr￿s vkwth is to be e>?￿d txty ￿ Ihe restrided wyposes irdended by
and Ibl reiRN* donaticrts ty 9rants • SFeufic c4Y8re9ati*yba 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) InCc￿e charitaile adi¥ibes
b) Fee5 frt*n ￿dth￿JS f￿raIS
¢1 FuThJraisry ￿ents
d) Grants
e) organisati￿S 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 I￿la￿j {NIC1084551
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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)
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