Lurgan Free Presbyterian Church Receipts and Payments Account For the year ended 31 December 2024 Unrestricted funds Restricted funds Totsl 2024 Totsl 2023 Receipts Volunta Recei t5 Offerings and Gifts Bank Interest Other Receipts 172.929 1.545 93 14,963 187.892 1,545 5.264 168,738 198 4.480 5.171 From Charitable Activities Other 25 25 577 Total Receipts 174,592 20,134 194.726 173,993 Payments Cost of Fundraising Cost of Charitable ActNities Grants and Donations Governance Costs I48.(5 15.890 1.126 3.515 14.963 151,520 30,853 1,126 156,580 25.942 873 Asset and Investment purthases Purchase of Fixed Assets Total Payments 12,CKX) 177.021 I2,) 195,499 18,478 183,395 Net recelptsllpayments) 12.4291 1,656 17731 {9,4021 Transfer5 between fvnds 11.3761 {1,376) 132,1871 Fund surplusl{deficit) for the year 13.805) 1,656 12,149) {41,589) Cash and Bank Reconciliation Balance at start of year 5urplu51ldeficitl thls year Cash at bank and in hand at year end 70,890 {2,149) 68,741 112,479 (41,589) ?090 13.8051 64,831 1.656 3.910
Lurgan Free Presbyterian Church Statement of Assets and Liabilitles as at 31 December 2024 2024 2023 Note A55ets Retalned for Church Own Use Manse Church Fixtures and Fittin85 430.1KK) 3.195.LlY) 430.LWXI 3.195.fMXI 3.625.CMXI 3.625.IXKI Cash Funds Current Accounts Deposit A¢countS Totsl Cash Funds 68.741 53.930 70.8 52,554 122.671 123.444 Liabllltles Other Loan5 Net Assets 3.747.671 3,748,444 Represented By Funds Unrestricted funds - General Restrirted funds . Income 118.761 121.190 3,910 3.625,> 2.254 3.625.C - Capwtsl 3.628.910 3,627.254 Funds at Year End 3.747,671 3,748.444 The finana•l statements were aPPfObtd by the Trustees on their behaLf bw. and 5i8ned on Rev Thomas Murrav Mr lan Todd Mrjohn Dumlgan Mr Alan Harvey Mr Philip Irwln
Date
Lurgan Free Presbyterlan Church Notes to the ftnanclal statements (contlnued) Forthe year ended 31 Deomber 2024 2 Offerinp and Glfts Unrestrlcted Restricted lunds funds 2024 2023 Envelope Weekly Offerings Loose Weekly Offerin8S Missionary Offerings and Gifts 8uilding Fund Offerings and Gifts Other Gifts and Offerings Legacy Gifts Gift Aid aaim 66.061 80.012 66.061 80.012 14,963 59.534 77.712 11.666 14,963 11,298 11.298 3.655 2.COO 14.171 14.558 14,558 172,929 14.963 187.892 168.738 3 Other Recelpts Unrestrlrted funds Re5tr1cted nds 2024 2023 Childrens Work Youth Fellowship Income 5.171 5.171 93 4.480 93 93 5.171 5.264 4.480 Other Char5tabl• Artivrties 2024 2023 fvnds fvnds Offerings for Media Ministry Offerin8s for Missions and Conferen Income from Books. Ma8azine& Etc 25 577. 25 25 577 5 Cost of Charltabl• Activitl•s Salaries and Penn5 Unreslrfded Restrlrted funds fvnds 2024 2023 Gross Salarie5 Employer's National Insurance Employer's Pension Contributions Minister's Life Assurance Other Salary Salarles and Penslons 40.975 4.721 40.975 4.721 37.879 5.360 57.364 5.360 57364 7,238 55,505
Lurgan Free Presbyterian Church Notes to the flnanclal statements (contlnued) For the year ended 31 Dttember 2024 Cost of Charitable Actl¥lties B. Ministry Expenses Unrestrlrted fvnds Restrlrted funds 2024 2023 Pulpit Suppty- Churth Youth Fellowship Sunday School Children's Work Ladles Fellowship Missions and Conference Mum's & Tots Catering Outreach Support Miscellaneous 4,035 203 1.201 4,035 203 1.201 3,515 4.245 516 1.697 2.956 3.515 3,039 3.039 3.619 Ministry Expense5 8.478 3.515 11,993 13.033 Cost of Charitable ArtITthles C. Facilities Expenses Unrestrlcted fvnds Restrlded funds 2024 2023 Insuran lectricity & Gas Water rates Repairs, cleaning etc Minor Hall Refurbishment Organ Seivi New equipment Manse Rates 4,069 22.763 41 8,105 4.069 22,763 41 8.105 3.290 15,726 134 16,649 29.092 2,580 9.029 971 2.$80 9.029 971 928 Property 2 Facllities Expons•s 54.958 54.958 65.819 Cost of Charitable Actlvltles D. Transport Expenses Unrestrlrted Restrlrted lunds funds 2024 2023 Bus Running Costs Bus Hi Car & Travel E¥penses 5,172 9,625 5.172 9.625 5,420 8.530 Trnnwrt Expens•5 14.797 14,797 13.9SO io
Lurgan Free Presbyterfan Church Notes to the flnanclal staternents (eorrtlnued) For the year ended 31 December 2024 Cost of Charltable A¢tl¥ltles E. Media and Alverttsin8 Unrestrirted Restrlrted lun(ts fvnds 2024 2023 Internet and Webcasting Media Supplies New Equipment Mlscellaneous Advertisin8 and Printin8 717 1.991 1. 198 978 9.419 978 9,419 496 496 Medla and Ad¥erttslni 11,679 11,679 4.7CQ 5 Cost of Charltable Artlvltl F. Other Expenses 2024 2023 funds funds Magazines. 8ibles and Books Postage Church IT Costs Spetial Project I 729 729 3.573 Olher Expen$ 729 729 3.573 Total- Cost of Charltable Actlvltl•s I48.5 3,515 151.520 156.580 Grants and Donati3 VTrr¢stricted . Restrlcted nd5 lunds 2024 2023 Missionary Gifts Youth Council UK Fund Missionary Council 8eeline Central Fund Miscellaneou5 Gift5 Senior Citizens 12.321 16.921 i) 273 6,146 2,734 12.318 273 2SS 7.970 4.577 1,934 1.569 800 4.103 500 796 41 629 41 629 15.89) 14.963 30.853 25.942 12
Lurgan Free Presbyterian Church Notes to the flnanclal statements {contlnued) For the year ended 31 December 2024 Governance Costs Unrestricted lund5 Restricted fvnd5 2024 2023 Fees AccoLtntancy Costs Legal Costs Miscellaneous 376 750 376 750 373 1,126 1,126 873 8 Asset and Investment Purtha Unreslrtcted Restrfrted fvnds fvnds 2024 2023 Purchase of Equipment 12.lJ)O 12.(*X¢ 12.C Movement on Funds Receipts Payments Transfews Total 2024 Total 2023 Unrestrfrted Funds 174,592 1177,0211 {2,4291 Re5trlrted Funds Mission Fund Buiklin8 Fund 20,134 118.478) 1,656 2,254 20,134 118,478) 1,656 2.254 13