HiLLsborough Free Presbyterian Church
Receipts and Payments Account
For the year ended 31 December 2024
Unrestricted
funds
Restrlcted
Total
2024
Total
funds
2023
Note
Receipts
Offerings and Gifts
Bank Interest
Other Receipts
155,199
1.331
18,614
28,820
184,019
1,338
18,614
184,408
1,229
20,662
Other
4,134
4.570
8.704
2,542
Total Receipts
179,278
33,397
212,675
208.841
Payments
Cost of Fundraising
Cost of Charitable Activities
Grants and Donations
Governance Costs
123,754
10.409
1,241
216
123.970
49,835
1.251
121,883
47.240
955
39,426
io
Asset and investment purchases
Purchase of Fixed Assets
Total Payments
13.680
183,758
135.404
39,652
175,056
Net recelptsllpayments)
43,874
16.2551
37,619
25,083
Transfers between funds
13.2151
3,215
Fund surplusl{deficit) for the year
40.659
(3,040)
37.619
25,083
Cash and Bank Reconciliatlon
Balance atstart ofyear
Surpluslldeficitl this year
Cash at bankand in hand atyearend
396.706
40,659
437,365
111,780
13,0401
108.740
508.486
37,619
546,105
483,403
25,083
508.486

Hillsborough Free Presbyterian Church
Statement of Assets and Liabilities
as at 31 December 2024
2024
2023
Note
Assets Retalned for Church Own Use
Ma (based on insurance vaLuesl
Chi {based on insurance value)
Fixtures and Fittings (based on ins value)
910,000
5,250,000
550,000
910,000
5,250,000
550,000
6,710,000
6.710,000
Cash Funds
CurrentAccounts
Deposit Accounts
Total Cash Funds
455,604
90,501
421,420
87,066
546,105
508.486
Liabilitles
Other Loans
Net Assets
7.256,105
7,218,486
Represented By Funds
U nrestricted f unds
Restricted funds
General
437.365
49,149
6.769.591
396,706
59,357
6,362.423
- Income
Capital
7.256,105
6,818.486
Funds atyear End
7,256,105
6,818,486
The financial statements were approved by the Trustees on 8th October 2025 and s-
by:
ed on their behalf
Trustee
Trustee
Mr Mark McKibben
Rev lan Kenny