Ballygowan Free Presbyterian Church Receipts and Payments Account For the year ended 31 Drnber 2024 Unre5trlcted fund5 RestrfictÈd funds Total 2024 Total 2023 Note Receipls Volunta Recei Offerings andGifts Bank Interest other Receipts 120,774 65 4.561 33.105 153.879 65 4,561 157,287 202 5,840 From Charitsble Activities Other 1.883 1,883 747 Tot21 Receipts 127.283 33,105 160,388 164,076 Payments Cost of Fundralsing Cost of Charkable Acthiltles Grants and Donation5 Governance Costs 94,522 7,519 1.347 4,318 9,295 25,006 98,840 16,814 26,3S3 135,205 14,9D8 27.336 A55et and Investment purchase5 Purchase of Fixed A55ets Total Payments 5,271 43,890 5,271 147,278 103,388 177,449 Net recelpts/lpayments) 23.895 {10,785) .110 (13,3731 Transfers between funds Transfersto Deposit fund5 150.000) {50,000) Fund 5urplus/{deficit) for the year 126.105) {10,7851 136,890 113.373) Cash and Bank Re¢on¢ifiatlon Balance at Start of year Surplus/{deficÉtl thls year Cash at bank and in hand at year end 64,437 126.1051 38332 64.437 {36.890) 27,547 77,810 {13.3731 64,437 110.785) (10.785)
Ballygowan Free Presbyterian Church Statement of Assets and Llabllltles as at 31 December 2024 2024 2023 Note Assets Retalned for Church Own Use Manse Church Fixtures and FittinES 475,000 3.900,000 21,lJJO 475,000 3,900,000 21,000 4.396,0110 4,396,000 Cash Funds Current Accounts Deposit Accounts Total Cash Funds 27,547 50,1](K) 64,437 246 77,547 64,683 Llablllties Other loans {2,143) {27.1481 Net Assets 4.471.404 4,433,535 Represented By Funds Unrestricted funds Restricted fund5 General - Income Capital 88,331 39.677 (10,785) 4,393,858 4,393,858 4.383.073 4.393,858 Fund5 atyear End 40n,404 4,433,535 The financial ststements were approved by the Trustees on theirbehalf by: and signed on RevT Mr James Bennison Mr Merv n Barr Mr Ihjgh Garrett Mr Brian Hanna Mr Mervyn Steenson LJ (L._L Mrwllllam Stewart
Ballygowan Free Presbyterian Church Notes to the financial statements (continued) For the year ended 31 Decernber 2024 Offerings and Gift5 Unrestrirted funds Restricted funds 2024 2023 Envelope Weekly Offerings Loose Weekly Offerings Missionary Offerings and Gifts Building Fund Offerings and Gifts OtherGifts and Offerings Legacy Gifts Gift Aid Claim 93,665 9.523 93,665 9,523 9,318 23.787 2.559 84,024 12,500 7,709 22,070 2,967 10,000 18,017 9,318 23.787 2,559 15.027 15.027 120,774 33,105 153,879 157,287 Other Reoipts Unrestricted funds Restricted fund5 2024 2023 Rentsl Income Church Trip Income Church Dinner 1.120 1,241 2,200 4.561 1.120 1,241 2,200 4,561 4,950 890 5,840 Other Charitable ArtiV4ties Unrestricted fvnds Restrlcted funds 2024 2023 Offerings for Media Ministry Offerings for Mi55ions and Conferences Income from Books, Magazines. Etc L076 1,076 807 747 1.883 1,883 747 Cost of Charitable Activities A. Salaries and Pensions Unrestricted funds Restrfcted fund5 2024 2023 Gross Salarie5 Employer's National Insurance Employer's Pension Contributions Minister's Welfare Provision 33.040 33,04Q 19,222 1506 2,506 1,780 Salaries and Penslons 35,546 35,546 21,002
Ballygowan Free Presbyterian Church Notes to the financial statements (continuedj For the year ended 31 December 2024 Cost of Charltsble Artivities B, Ministry Expenses Unrestricted funds Restrlcted funds 2024 2023 PulpitSupply- Church Youth Fellowship Sunday School Children's Work Ladies Fellowship Missions and Conference Mum's &Tots Catering Outreach Support Miscellaneous 3,645 3,645 904 525 838 4.325 525 838 1.440 300 1,961 2,110 Ministry Expenses 7.873 7,873 8,305 Cost of Charitable Actlvitles C. Facilities Expense5 Unrestricted funds Restricted funds 2024 2023 Insurance Electricity Water rates Repairs, cleaning etc Grounds Malntenance Mlscellaneous Church Dinner Manse Rates Church Trip 2501 11,868 2,501 11,868 86 18,511 Z460 7,383 135 55,009 18,511 2,550 2,533 1,380 2,246 2,533 1,3BO 2,246 2,661 2,038 Facilities Expenses 39,125 39,125 82,236 Cort of Charitable Actlvities D. Tran5POrt Expenses Unrestricted funds Restrirted funds 2024 2023 Bus Running Costs Bus Hire Car & Trdvel Expenses 231 2.170 2,575 2,170 2,575 1,156 Transport Expenses 4.745 4.745 1,387 io
Ballygowan Free Presbyterlan Church Notes to the financlal ststernents (contlnued) For the year ended 31 December 2024 Cost of Charitsble Activitles E. Media and Advertising Unrestrlrted funds Restricted funds 2024 2023 Internet and Webcasting Media Supplles New Equipment 'Miscellaneous AdvertisinE and Printing 1,025 1,025 498 960 3.475 3,475 967 Medla and Advertising 5,460 5,460 1,465 Cost of Charitable Activities F. Other Expenses Unrestrirted funds Restricted funds 2024 2023 Magazines, Bibles and Books Loan Interest Church IT Costs Interest Free Loan Repaid 1,773 1.773 818 810 818 3,500 3,500 20,000 Other Expenses 1,773 4.318 6,091 20.810 Total- Cost of Charitable Activities 94,522 4.318 98,840 135,205 Grant5 and Donatlons Unrestricted funds Restrirted funds 2024 2023 Mlsslonary Gifts Awana UK Fund Missionary Council Whitefield College CentTal Fund FPC Loan Fund 9.295 9.295 7,146 115 335 2,958 69 3.232 3,232 3.968 250 3.968 250 4,104 250 7.519 9,295 16.814 14.908 12
Ballygowan Free Presbyterian Church Notes to the financial statements {contiTrued) For the year ended 31 December 2024 Governance Costs Unrestricted funds Restrirted funds 2024 2023 Fees Accountanry Costs Loan Repayments Miscellaneous 342 995 342 995 25,006 io 277 995 25,824 25,006 io 1,347 25.006 26,353 27.336 8 Asset and investment Purchases Unrestricted funds Restricted funds 2024 2023 Purchase of Equlpment 5.271 5,271 5.271 5.271 Movement cn Funds Receipts Payments Transfers Total 2024 Total 2023 Unrestrirted Funds 127,283 {103,388) 88,331 64,436 Restrlcted Funds Mlssion Fund Building Fund Deposit 9,318 23,787 (38,619) (5,271) 33,105 (43,890)