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