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2024-12-31-accounts

Newtownabbey Free Presbyterian Church

Receipts and Payments Account For the year ended 31 December 2024

Receipts
Voluntary Receipts
Offerings and Gifts
Bank Interest
Other Receipts
From Charitable Activities
Other
Total Receipts
Payments
Cost of Fundraising
Cost of Charitable Activities
Grants and Donations
Governance Costs
Total Payments
Net receipts/(payments)
Transfers between funds
Fund surplus/(deficit) for the year
Cash and Bank Reconciliation
Balance at start of year
Surplus/(deficit) this year
Cash at bank and in hand at year end
Unrestricted
funds
£
99,474
1,744
855
20
102,092
59,041
-
13
59,054
43,039
(5,235)
37,804
54,599
37,804
92,403
Restricted
funds
£
15,077
2,240
4,543
12,708
34,567
35,896
11,011
251
47,159
(12,591)
5,235
(7,356)
74,644
(7,356)
67,287
Total
2024
£
114,551
3,984
5,397
12,728
136,660
-
94,937
11,011
264
106,212
30,447
-
30,447
129,243
30,447
159,690
Total
2023
£
69,620
317
948
8,778
79,663
74,899
7,751
259
82,909
(3,245)
-
(3,245)
132,489
(3,245)
129,243

Newtownabbey Free Presbyterian Church

Statement of Assets and Liabilities For the year ended 31 December 2024

Assets Retained for Church Own Use
Church
Church Hall
School Buildings
Investment Property
Cash Funds
Current Accounts
Deposit Accounts
Total Cash Funds
Liabilities
Other Loans
Net Assets
Represented By Funds
Unrestricted funds
- General
Restricted funds
- Income
- Capital
Funds at Year End
£
£
370,000
1,900,000
593,000
370,000
3,233,000
97,947
61,744
159,690
-
3,392,690
92,403
67,287
3,233,000
3,300,287
3,392,690
2024
£
£
370,000
1,900,000
593,000
370,000
3,233,000
84,243
45,000
129,243
-
3,362,243
54,599
74,644
3,233,000
3,307,644
3,362,243
2023
£
£
370,000
1,900,000
593,000
370,000
3,233,000
84,243
45,000
129,243
-
3,362,243
54,599
74,644
3,233,000
3,307,644
3,362,243
2023
97,947
61,744
84,243
45,000
67,287
3,233,000
74,644
3,233,000
3,362,243
54,599
3,307,644
3,362,243

The financial statements were approved by the Trustees on ____ 24th October 2025 and signed on their behalf by:

Reverend Brian McClung
Trustee
Brian McClung
Reverend Brian McClung
Jonathan Thompson
Mr Jonathon Thompson
Trustee
Mr Jonathan Thompson