Garvagh Free Presbyterian Church
Receipts and Payments Account
For the year ended 31 December 2024
Unrestrirted
funds
Restricted
fund5
Total
2024
Note
Receipts
Volunta
Recei
ts
Offerings and Gifts
Bank Interest
Other Receipts
63.870
877
5.057
56
68,927
933
From Charitable Activities
Other
2,391
2,391
Total Receipts
67.138
5,113
72,251
Payments
Cost of Fundraising
Cost of Charitable Activities
Grants and Donations
Governance Costs
48,861
2.995
382
5,135
5,023
53,996
8,018
382
Asset and investment purchases
Purchase of Fixed A55ets
Total Payments
52.238
10,158
62,396
Net receipts/(payments)
14,900
15,0451
9,855
Transfers between funds
Fund surplus/(deficit) for the year
14.900
15.045)
9,855
Cash and Bank Retonciliation
Balance at start of year
Surpluslldeficitl this year
Cash at bank and in hand at year end
53,067
14,900
67,968
7,874
(5,045)
2,829
60,941
9,855
70.797

Garvagh Free Presbyterian Church
Statement of Assets and Liabilities
as at 31 December 2024
2024
202Y
Note
A55ets Retained for Church Own Use
Manse
Church
Fixrures and Fittings
365,584
1.506,066
1,871,650
Cash Funds
Current Accounts
68,713
2.084
Deposit Accounts
Total Cash Funds
70.797
Liabilfties
Other Loans
Net Assets
1,942.447
Represented By Funds
Unrestricted funds
Restricted funds
- General
- Income
67.968
745
Capital
- Endowments
1.871,650
1.942,447
Funds at Year End
1,942,447
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The financial statements were approved by Ihe Trustees on
Iheir behall by..
and Signed on
stee
Trustee