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2024-12-31-accounts

Covenanters Mermorial Free Presbyterian Church Mulvin

Receipts and Payments Account

For the year ended 31 December 2024

Receipts
Voluntary Receipts
Offerings and Gifts
Bank Interest
Other Receipts
From Charitable Activities
Other
Total Receipts
Payments
Cost of Fundraising
Cost of Charitable Activities
Grants and Donations
Governance Costs
Asset and investment purchases
Purchase of Fixed Assets
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
£
39,202
13,052
-
-
52,254
44,214
2,055
168
-
46,437
5,817
(5,000)
817
12,727
817
13,545
Restricted
funds
£
18,820
18,873
2,050
242
39,985
7,030
21,920
1,030
-
29,980
10,005
(20,000)
(9,995)
11,096
(9,995)
1,100
Total
2024
£
58,022
31,925
2,050
242
92,239
-
51,244
23,975
1,198
-
76,417
15,822
(25,000)
(9,178)
23,823
(9,178)
14,645
Total
2023
£
54,348
27,051
755
200
82,354
45,466
18,155
46,127
-
109,748
(27,393)
(27,393)
51,217
(27,393)
23,823

Covenanters Memorial Free Presbyterian Church Mulvin

Statement of Assets and liabilities For the year ended 31 December 2024

2024 2023
£ £ £ £
Assets Retained for Church Own Use
Manse 330,000 330,000
Church 820,000 820,000
Church Hall 285,000 285,000
Investments 365,000 315,000
1,800,000 1,750,000
Cash Funds
Current Accounts 14,645 23,823
Total CashFunds 14,645 23,823
Liabilities
Other Loans (172,000) (147,00 )
Net As ets 1,642,645 1,626,823
Represented By Funds
Unrestricted funds - General 206,545 180,727
Restricted funds - Income 1,100 11,096
- Capital 1,435,000 1,435,000
1,436,100 1,446,096
Funds at Year End 1,642,645 1,626,823

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