John Knox Memorlal Free Presbyterian Church Statement of Flnan¢lal Actfvftles For the year ended 31 Dember 2024 Total 2024 Total 2023 funds funds Income from: Donations and le8acies Charltable artlvities Investment income Totsl Income 41,221 1,422 20,318 435 61.538 1.857 79,093 542 350 79,985 43,330 20,753 64,082 Expendlture on: Raising funds Charitable activities Other costs Total expendlture 155 21,117 1.220 22,493 155 38,781 5,175 ' 44,111 134 40,639 4,092 44,866 17,663 3,955 21,618 Net gains/{losses} on investments 20,364 Net In¢ome/(expendlture) before tr?fer5 20,837 (866) 19,971 55,483 Transfers between funds Net Incomel(expendlture) for year 20,837 19,971 55,483 Fund balan5 at 01 January 2023 20,165 517,178 537,343 481,860 Fund balances at 31 t)ecembef 2024 41,002 516.312 557,314 537,343
John Knox Memorial Free Presbyterlan Church Statement of Assets and Llabllltle5 as at 31 December 2024 2024 2023 Note Flxed Assets Tangible Fixed Assets 526.150 526,150 520,148 520,148 Current Assets Debtors Investments Bank and cash balances 9.232 27,087 14,910 51,229 5,597 2,053 20,780 28,430 Credltors: due wlthFn one year Accruals and deferred income Other creditors and provisions Bank loans Other loans 11,746) (4,260) {18.275) 120,065) (6,9751 (11,2351 Net Current Assets 31.164 17,195 Net Assets 557.314 537,343 Income Funds Unrestricted Funds - General Restricted Funds Income - Capitsl 31,164 17,195 526.150 520,148 526,150 520,148 Retalned Reserves io 557.314 537.343 The financial statements were approved by the Trustees on their behalf by: and signed on Trustee Trustee
John Knox Memorlal Free Presbyterlan Church Notes to the flnanclal ststements Icontlnued) For the year ended 31 December 2024 Donatlon$ and legacles Total 2024 Total 2023 Funds Funds Donatlons and gifts Gift Aid on donations and grfts 28,566 12,654 20,318 68,082 ii.oii 12,654 41,221 20,318 61,538 79,093 Charltable a¢tlvltles Total 2024 Total 2023 Funds Funds Income from conferences & events Income from goods and services 435 1,281 576 576 542 1,422 435 1,857 542 Investment Income Unrestrfcted Funds Restrlcted Funds Total 2024 Total 2023 Bank interest recelvable 350 350 Cost of charltable artmtles 2024 2023 Salaries and pensions Ministry expenses Facllities expenses Transport expenses Media and advertisin8 Other expenses 16,710 3,926 16,710 6.773 13,997 819 316 165 20,362 7,706 10,688 976 591 316 2,847 13,997 819 316 165 38.781 40,639
John Knox Memorfal Free Presbyterian Church Notes to the flnanclal statements (contlnued) For the year ended 31 December 2024 Other expendlture 2024 2023 Grants and donations Bank fees and charges Independent examiner's remuneration 3,969 124 171 5,175 4,092 Flxtures, Flttlngs & Equlpment Land & Bulldln85 Tan8lble fixed assets Vehlc Total Cost As at 01 January 2023 Additions 508,933 12,600 15.520 8,394 537,053 8,394 As at 31 Dember 2024 508,933 12,6(X) 23,914 545,447 Depreclatlon As at 01 January 2023 Charge for the year 12,6(X) 4,305 2,391 16,905 2,391 As at 31 Dember 2024 12.6LXI 6,696 19,296 Net Book Value As at 31 Dember 2024 508,933 17,217 526,150 As at 310ecember 2023 508,933 11,215 520,148
John Knox Memorial Free Presbyterlan Church Notes to the financlal ststements (contlnued) For the year ended 31 December 2024 8 Debtors 2024 2023 Prepayments Gift Aid clalms Accrued Interest 1,523 7.272 438 9.232 1,237 4,360 5,597 Investments Unrestrfcted Restrkted funds funds Total 2024 Total 2023 Cash equivalents on deposit 27,087 27,087 2.053 27.087 27,087 2,053 10 Reserv Total 2024 Totsl 2023 funds funds Reserves blfwd 537,343 537,343 481,860 Net movement in funds 20.837 (866} 19.971 55,483 Reserves c/fwd 20,837 536,477 557.314 537.343 11 Analysls of net assets between funds Unrestrfrted funds Restrlcted funds Total 2024 Total 2023 Fixed assets Current assets Current liabilities 526,150 526,150 51.230 (20,0661 520,148 28.430 {11,2351 51.230 (1894) (17,172) Total funds 48,335 508,979 557,314 537,343