Ballygowan Free Presbyterian Church
Receipts and Payments Account
For the year ended 31 D￿rnber 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)