Page 7
Kilskeery Free Presbyterian Church
Receipts and Payment5 Account for the year ended 31 December 2024
Unrestricted
Funds
2024
Restricted
Funds
2024
Endowment
Fund5
2024
Total
2024
Note
Recei
Donations & Plate Collection
Bank and Deposit Interest
38.421
4.792
15
43,213
1,524
Total Recei
ts
39,930
4,807
44,737
ments
Moderator Fees
Church Running Costs
Manse Costs
Administration Costs
Charitable Donations
Sundry Expenses
4.070
12.649
2.213
11.030
3,305
5,588
4.070
12.649
11.459
11.788
3.305
5,588
9,256
758
Total Pa
ments
10,014
48.869
Excess of Payments over Reteipts for
the year before transfers
1,075
15.2071
14.1321
Transfers
Excess of Payments over Receipts for
the year
1,075
15.207}
14, 1321
On behalf of the trustees:
Rev Fitto
Mr R Foster (Treasurer)
Date: 31 October 2025

Page 8
Kilskeery Free Presbyterlan Church
Statement of A55ets and Liabllitles as at 31 December 2024
Unrestricted
Funds
2024
Restricted
Funds
2024
Endowment
Funds
2024
Total
2024
Cash Funds
Current Accounts
Total Cash Funds
130,890
130,890
10,307
10,307
141,197
141,197
Assets retained for the
Parish's own use
Propertv
Fixtures and Fittings
590.000
240.000
590,000
240,000
Total Assets retained
for the Parish's own
use
830,OIXI
830,000
On Behalf of the Trustees
Re
on
Mr R Foster (Treasurer)
Date: 31 October 2025

Page 9
Kilskeery Free Presbyterian Church
Notes to the finaftcial statements for the year ended 31 December 2024
Accounting policies
Set out below are the principal accounting policies which have been adopted in the compilation of the
Receipts and Payments Account and the Statement of Assets and Liabilities
(a) Receipt5 and Payments Account
All items of income arid expenditure included within the Receipts and Payments Account have been
accounted for on a cash receipts basis.
{b) Statement of Assets and Liabilities
li) Assets retuinedfor the Porish's own use
The assets of the Parish. retained for its own use comprise-_
Church Building, Graveyard and School Buildint7
Manse House
Mission Hall
Residential Property
Fixtures and fittings
The Church Building and Graveyard are deemed to be Heritage assets as defined by the Charities
SORP IFRS102)
These Heritage assets are not included in the statoment of as5et5 and liabilitie5 as information on the
cost or valuation is not avai13ble and >uch information cannoi be obtained at a cost commensurate
with the benefit to the users of the accounts and to the parish.
On the same basis. the school building has no va5uation attributed.
Other properties are at deemed cost, bein8 the estimated fair value of the property at 31 December
2024. No depreciation has been provided on the property as the current estimated residual .4alue is
not less than its carrying value and the rem3ining useful life currently exceeds 50 year5.
Fixtures and Fittings are recognised at a cost of renewal basis.

page 10
Kilskeery Free Presbyterlan Church
Notes to the financial statements for the year ended 31 December 20241¢ontSnued)
Bank and Deposlt Interest
2024
Chariiy AIC
Manse Alc
Invoslment Alc
119
15
1,390
1,524
Sundry Expenses
2024
Visiting Preachers
Literature
Church Envelopes
Advertisement
Omagh FPC Baptismal Service
4,815
205
194
324
50
5.588

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Kilskeery Free Presbyterian Church
Notes to the fin3nci31 statements for the year ended 31 December 2024 (continued}
Current Accounts and Cash
2024
2023
General Account
Outreach Account
45.930
64
46,215
94
Manse Account
10,307
15,514
83,5056
14i,329
Investment Accounl
141,197
Reconciliation of Cash Fund5
Unrestricted
Restricted
Total
Total Cash Funds at Beginning of the year
Receipts for the Year
120 815
15.514
14j.3?9
39.930
4.807
44.737
Payments for the Year
Total Cash Fund5 at end OF the year
(38.855)
130.890
110.014}
148,8691
10,307
141,197

Page 12
Kilskeery Free Presbyterian Church
Notes to the financial statements for the year ended 31 December 20241continued)
Movement in Funds
Atljan
2024
Incoming
Resour¢es
Outgoing
Resources
At 31 Dec
2024
Transfers
Endowment funds
Unrestritted funds
General Fund
Outreach Fund
Investment Fund
46,215
94
83.506
129,815
38.540
38,825
30
45.930
64
84.896
130.890
1.390
39,930
38,855
Restricted fund5
Manse Fund
15,514
15.514
4,807
4.807
10,014
10.014
10,307
10.307
Total funds
145.329
44.737
48.869
141.197
Pur
oses of Endowment Funds
Income from the Bequests and Legacie5 are used for stipend and general purposes.
Pur
oses of Desi
nated Funds
Outreach Fund_. The Trustees have chosen to set aside funds but these are not restricted.
Manse Fund= Funds received and maintained for the speciftc purpose of rnaintain the manse.
7. Transactions with the Trustees
The parish paid expenses of £11,469 relating to the running costs of the manse house which is occupied by the
rector.
There were no payments m3de to trustees during the year.
No trustee or a person related to a trustee had any personal interest in any contract or transaction entered
into by the charity during the year.