CASTLEDERG FREE PRESBYTERIAN CHURCH STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payment5 Account) For the year ended 31 December 2024 Note Unrestricted Funds Restrirted Funds Total 2024 Receipt5 Voluntar Recei Offerings and Gifts Bank Interest Other Receipts 43.938 388 16.834 60,772 388 From Charitable Activities Other Total Receipts 44.326 16,834 61,160 Payrnents Cost of Charitable Activities Grants and Donations Governance Costs 37.682 5.062 37,682 5,062 Asset and investment purchases Purchase of Fixed Assets 299 12,984 13,283 Total payment5 43,327 12,984 56,311 Net receipts/lpayments) Transfers between funds 999 3,850 4,849 Fund surplus/ldeficit) for the year 999 3,850 4,849
CASTLEDERG FREE PRESBYTERIAN CHURCH STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2024 2024 Note Assets Retalned for Church Own Use Manse 370,000 3.050,000 20,822 Church & Hall Fixtures & Fittings 3,440,822 Cash Funds Current Accounts 6,458 24,451 Deposit Accounts Total Cash Funds 30,909 Liabilities Othei Loans Net Assets 3,471,731 Represented By Funds Unrestricted Fund5 -General -Income 999 3,850 3,466,882 Restricted Funds -capital 3,471,731 Fund5 at Year End 3,471,731 Approved bythe Trustees on .......... and signed on its behalf bv.. MrThomas Buchanan Mrjohn McKane Date- OLS
CASTLEDERG FREE PRESBYfERIAN CHURCH NOTES TO THE ACCOUNTS For the year ended 31 December 2024 AccouffflNG POUCIES BASIS OF FINANCIAL STATEMENTS As the total income of the congregation is less than £250,(KM) the congregation have elected in accordance with the provisions in The Charities IAccounts and Reports Regulations (Northern Ireland) 2015 to prepare its accounts on a receipts and payments basis. FUND ACCoU1NG Restricted funds comprise lal income from endowment5 which is to be expended only on the restricted purposes intended by the donor and Ibl revenue donations or grants for a specific congregational activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment Is apportioned to the individual funds on an average balance basis. Unrestricted f unds are income funds which are to be spent on the congregation's general purposes. Designated funds are general f unds set aside by the congregation for use in the future. Offerin85 and Gift5 Unrestrirted Fund5 Restrirted Fund5 Total 2024 Envelope Weekly Offerings Loose Weokly Offerings Missionary Offerings and Gifts Building Fund Offering5 and Gifts Other Offerings and Gifts Legacy Gifts Gift Aid Claim & Interest Received 23,418 8,549 23,418 8,549 1,444 15.390 1,743 603 9,625 1,444 15.390 1,743 603 9,625 43,938 16.834 60.772 io
CA¥fLEDERG FREE PRESBYfERIAN CHURCH NOTES TO THE ACCOUNTS Icont'd) For the year ended 31 December 2024 Other Receipts - Unre5trirted 2024 Ladies Fellowship Income Youth Fellowship Income 4. Other Charitable Artivities 2024 Offerings for Media Ministry Offering5 for Mis5ion5 and Conferences Income from Books. Magazines, Etc 5. Cost of Charitable Activities A. Salaries and Pensions 2024 Gross Salafies Employer's National Insurance Employerfs Pension Contributions Minister's Welfare Provision Income Tax Deductions 13,2iXI 2,052 15,252 li
CASTLEDERG FREE PRESBYTERIAN CHURCH NOTES TO THE ACCOUNTS Iconvd) For the year ended 31 Decembef 2024 5. Cost of Charitable Artivities B. Ministry Expenses 2024 Pulpit Supply- Church Youth Fellowship Sunday School Children's Work Ladies Fellowship Missions and Conference Mum's & Tots Catering Outreach Support Miscellaneous 3,960 2,120 1,310 734 8,404 5. Cost of Charitable Artivities C. Facilities Expenses 2024 Insurance Elertricity Water Rates 3,837 4.770 288 937 Repairs, clean ing, etc Rates Alarm System & Other Works New Equipment Oil for Manse Property 2 917 1,073 483 12,305 12
CASTLEDERG FREE PRESBYTERIAN CHURCH NOTES TO THE ACCOUNTS (cont'd) For the year ended 31 December 2024 5. Cost of Charitable Activities D. Transport Expenses 2024 Bus Running Costs Bus Hire Car & Travel Expenses 540 540 5. Cost of Charitable Activities E. Media and Advertising 2024 Internet and Webcasting Media Supplies New Equipment Miscellaneous Advertlsing and Printing 530 479 I,9 S. Cost of Charitable Activities F. Other Expenses 2024 Magazines, Bibles and Books Postage Church IT Costs Special Project I 172 172 Total- Cost of Charitable Activitie5 37,682 13
CASTLEDERG FREE PRESBYTERIAN CHURCH NOTES TO THE ACCOUNTS Icont'dl For the year ended 31 December 2024 Grants and Donations 2024 Missionary Gifts Youth Council UK Fund Missionary Council Whitefield College Central Fund Miscellaneous Gifts 2,070 Ic(J 30) 1,592 1,0 5.062 7. Governance Costs 2024 Fee5 Accountancy Costs Legal Costs Miscellaneous 8. Asset and Investment Purchases 2024 Purchase of Equipment 13,283 13,283 14
CASTLEDERG FREE PRESBYTERIAN CHURCH NOTES TO THE ACCOUNTS {conVd) For the year ended 31 December 2024 Movement on Funds ReIPtS Payments Transfers Total 2024 Unrestricted Fund5 44,326 43.327 999 Restricted Funds Mission Fund Building Fund 16.834 12.984 3,850 16.834 12,984 3.850 15