Mount Merrion Free Presbyterian Church Statement of Financial Activities For the year ended 31 December 2024 Unrestricted funds Restricted funds Total Total 2024 2023 Note Income from: Donations and legacies Charitable activlties Investment income Total Intome 44,909 15,686 442 61,037 8,229 53,138 15,686 442 69,266 45,845 3,780 193 49,818 8,229 Expenditure on.. Raisin8 funds Charitable activities Other costs Total expendlture 230 56,658 6,004 62,892 230 60,563 6,004 66,797 214 29,849 2,597 32,660 3,904 3,904 Net Income/{expenditure) before transfers 11,855) 4,325 2,469 17,158 Transfers between funds Net Incomel{expendlture) for the year 11,855) 4,325 2,469 17,158 Fund balance5 at 01 January 2023 91,415 672,308 763,723 746,565 Fund balances at 31 December 2024 89,560 676,632 766,192 763,723
Mount Merrion Free Presbyterian Church Balance Sheet as at 31 December 2024 2024 2023 Note Flxed Assets Tangible Fixed Assets 645,500 645.500 647,000 647,000 Current Assets Debtors Bank and cash balances 5,631 124,303 129,934 10,841 112,160 123,001 Credltors: due wlthln one year Accruals and deferred Sncome Other creditors and provisions Bank loans Other loans (9,242) 16,2781 (9,242) 16,2781 Net Current Assets 120,692 116,723 Net Assets 766,192 763,723 Income Funds Unrestricted Funds Restrlcted Funds General Income Capital 123,193 91,415 25,308 647,000 642,999 642,999 672,308 Retalned Reserves 766,192 763,723 The financial statements were approved by the Trustee5 on on their behalf bv: and signed 2IL- Ri ij Trustee Trustee