## **Rasharkin Free Presbyterian Church** ## **Receipts and Payments Account For the year ended 31 December 2024** |**Note**
**Receipts**
Voluntary Receipts
Offerings and Gifts
**2**
Bank Interest
Other Receipts
**3**
From Charitable Activities
Other
**4**
**Total Receipts**
**Payments**
Cost of Fundraising
Cost of Charitable Activities
**5**
Grants and Donations
**6**
Governance Costs
**7**
**Asset and investment purchases**
Building Expenditure
**8**
**Total Payments**
**Net receipts/(payments)**
**Transfers between funds**
**Fund surplus/(deficit) for the year**
**Cash and Bank Reconciliation**
Balance at start of year
Surplus/(deficit) this year
Cash at bank and in hand at year end|**Unrestricted**
**funds**
**£**
67,325
1,045
155
68,525
49,245
5,168
218
54,631
13,894
**13,894**
**125,316**
**13,894**
**139,210**|**Restricted**
**funds**
**£**
9,773
9,773
-
5,865
-
2,948
8,813
960
**960**
**14,502**
**960**
**15,462**|**Total**
**2024**
**£**
77,098
1,045
-
155| |---|---|---|---| ||||78,298
49,245
11,033
218
2,948| ||||63,444| ||||14,854
-| ||||**14,854**| ||||**139,818**
**14,854**| ||||**154,672**| 5 ## **Rasharkin Free Presbyterian Church** ## **Statement of Assets and Liabilities as at 31 December 2024** **----- Start of picture text -----**
2024
Note £ £
Assets Retained for Church Own Use
Manse (insurance valuation) 319,677
Church (insurance valuation) 1,879,434
Fixtures and Fittings 81,102
2,280,213
Cash Funds
Current Accounts 105,068
Deposit Accounts 49,603
Total Cash Funds 154,671
Liabilities
Other Loans
Net Assets 2,434,884
Represented By Funds
Unrestricted funds - General 139,210
Restricted funds 15,461
- Capital 2,280,213
2,434,884
Funds at Year End 9 2,434,884
**----- End of picture text -----**
The financial statements were approved by the Trustees on 17 February 2025 and signed on their behalf by: **Trustee Trustee** 6 ## **Rasharkin Free Presbyterian Church** ## **Notes to the financial statements (continued)** ## **For the year ended 31 December 2024** |**2**
**Offerings and Gifts**
Envelope Weekly Offerings
Loose Weekly Offerings
Missionary Offerings and Gifts
Building Fund Offerings and Gifts
Other Gifts and Offerings
Legacy Gifts
Gift Aid Claim
**3**
**Other Receipts- Unrestricted**
Ladies Fellowship Income
Youth Fellowship Income
**4**
**Other Charitable Activities**
Offerings for Media Ministry
Offerings for Missions and Conferences
Income from Books, Magazines, Etc
**5**
**Cost of Charitable Activities**
A. Salaries and Pensions
Minister's Salary
Employer's Pension Contributions
Minister's Welfare Provision
**Salaries and Pensions**|**Unrestricted**
**funds**
**£**
45,535
8,163
477
2,724
10,426
67,325|**Restricted**
**funds**
**£**
5,395
3,200
1,178
9,773|**2024**
**£**
45,535
8,163
5,872
3,200
2,724
-
11,604| |---|---|---|---| ||||77,098| ||||**2024**
**£**
-
-| ||||-| ||||**2024**
**£**
-
-
155| ||||155| ||||**2024**
**£**
31,144
2,077
415| ||||33,636| 7 ## **Rasharkin Free Presbyterian Church** ## **Notes to the financial statements (continued)** ## **For the year ended 31 December 2024** |**5**
**Cost of Charitable Activities**
B. Ministry Expenses
Pulpit Supply - Church
Youth Fellowship
Sunday School
Children's Work
Ladies Fellowship
Missions and Conference
Mum's & Tots
Catering
Outreach Support
Church Dinner
**Ministry Expenses**
**5**
**Cost of Charitable Activities**
C. Facilities Expenses
Insurance
Electricity
Water rates
Repairs, cleaning etc
Grounds Maintenance
Miscellaneous
New equipment
Property 1 Manse
Property 2
**Facilities Expenses**
**5**
**Cost of Charitable Activities**
D. Transport Expenses
Bus Running Costs
Bus Hire
Car & Travel Expenses
**Transport Expenses**|**2024**
**£**
1,885
330
471
1,418
-
-
679
140
-
1,390| |---|---| ||6,313| ||**2024**
**£**
3,229
1,056
416
1,000
500
1,790
-
-
-| ||7,991| ||**2024**
**£**
-
-
-| ||-| 8 ## **Rasharkin Free Presbyterian Church** ## **Notes to the financial statements (continued) For the year ended 31 December 2024** |**5**
**Cost of Charitable Activities**
E. Media and Advertising
Internet and Webcasting
Media Supplies
Equipment Maintenance
Miscellaneous
Advertising and Printing
**Media and Advertising**
**5**
**Cost of Charitable Activities**
F. Other Expenses
Magazines, Bibles and Books
Postage
Church IT Costs
Special Project 1
**Other Expenses**
**Total - Cost of Charitable Activities**
**6**
**Grants and Donations**
Missionary Gifts
Youth Council
UK Fund
Missionary Council
LTBS
Whitefield College
Central Fund
Miscellaneous Gifts|**Unrestricted**
**funds**
**£**
84
100
72
1,000
1,945
1,967
5,168|**Restricted**
**funds**
**£**
4,372
655
838
5,865|**2024**
**£**
-
-
576
-
327| |---|---|---|---| ||||903| ||||**2024**
**£**
402
-
-
-| ||||402| ||||| ||||49,245| ||||**2024**
**£**
4,456
100
72
655
838
1,000
1,945
1,967| ||||11,033| 9 ## **Rasharkin Free Presbyterian Church** **Notes to the financial statements (continued) For the year ended 31 December 2024** |**7**
**Governance Costs**
Fees
Accountancy Costs
Legal Costs
Miscellaneous
**8**
**Asset and investment Purchases**
Building Expenditure
**9**
**Movement on Funds**
**Balance**
**31/12/2023**
**Unrestricted Funds**
125,316
**Restricted Funds**
Mission Fund
3,000
Building Fund
11,501
Capital
2,280,213
**2,420,030**|**Unrestricted**
**funds**
**£**
**Receipts**
**£**
68,525
5,865
3,908
**78,298**|**Restricted**
**funds**
**£**
2,948
**Payments**
**£**
54,631
5,865
2,948
**63,444**|**2024**
**£**
218
-
-
-| |---|---|---|---| ||||218| ||||**2024**
**£**
2,948| ||||2,948| ||||**Balance**
**31/12/2024**
**£**| ||||139,210| ||||3,000
12,461
2,280,213| ||||**2,434,884**| 10