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STATEMENT OF REVENUE AND EXPENSE
FOR THE YEAR ENDED DECEMBER 31, 1
(with. comparative figures for toh
Revenue ‘
Duplex envilopes - locel purpose $ 19,185 $ 17,623
- missions 1,995 2.027
Collections - 1,099 1,652
Rentals : 1,367- 577
Fowl supper - net 648- 485
Presbyterien Women's Asscciation 1,750 1,250
Kirk Session 500 200
' 26 544 23,814
Expenses ‘
Weges - minister 4333 6,500
- organist 1,400 1,200
Empioyee benefits 755 508
Minister's travel and car allowance 1,100 1,600
Missions 1,995 2,027
Church building (schedule) 5,178 > 4,978
Manse (schedule) 980 1,200
Advertising 543° 367
Pulpit supply a 1,044 -
Interim mcderator 240°. ~ =
Music ie - ~ 100: 177
Stationery and postage ° AS 354
Duplex envelopes 176 136
Presbytery levy 283 275
Benk charges and interest 315 207
Mortgage interest 1,563 1,916
Professional fees : - 225
: 20,189 21,670
Excess revenue over expenditure for the yeer $ 64355 $ oath
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED DECEMBER 31, 1974
poses otra 1974 1973
1. Members' equity
Balance - beginning of year $117,017 $114,873
Add: Excess of revenue cver expen- :
diture 65355 _2.1dd
- Belence - end of year $123 372 $117,017
. 2. Mort able
‘ The ee mortgage is payable to the National Trust Company Limited
i in quarterly instalments plus interest as follows:
Feb. 1975 to May 1976 (6 at $1,000) $ 6,000
dug. 1976 to Mey 1979 (12 et $1,250) 15,000
$ 21,000

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