Church of Ireland Evangelical Fellowship Receipts and Payments Account (Combined Sterling & Euro)
1st September 2022 to 31st August 2023
| **Unrestricted ** | Unrestricted | ||
|---|---|---|---|
| **Funds Total ** | Funds Totals | ||
| 2023 | 2022 | ||
| £ | £ | ||
| Receipts | Events | 96.00 | 0.00 |
| Gift Aid | 316.69 | 309.17 | |
| Subscriptions | 1980.50 | 2045.00 | |
| Publications | 172.00 | 352.39 | |
| Bank Interest | 63.97 | 4.17 | |
| Total Receipts | 2629.16 | 2710.73 | |
| Payments | |||
| Events | 913.77 | 30.00 | |
| Postage & Stationery | 21.40 | 326.75 | |
| Publications | 0.00 | 880.00 | |
| EA Membership | 0.00 | 0.00 | |
| Insurance | 217.58 | 212.19 | |
| Web Hosting | 0.00 | 276.00 | |
| Professional Fees | 700.00 | 700.00 | |
| Euro Currency Adjustment | 44.38 | 0.00 | |
| Bank Charges | 23.02 | 19.13 | |
| Total Payments | 1920.15 | 2444.07 | |
| Net Receipts/payments | 709.01 | 266.66 |
Registered as a Charity with The Charity Commission for Northern Ireland NIC100812 6
Church of Ireland Evangellcal Fellowshlp Ststement of Assets & Lbilities (Combined Sterkng & Euro) As at 3tst Augwt 2023 Fwxts Total Funds Trtal 2023 Funds Rec(xKlllaikn openi Bank Balance Surpl us/{Deficit) for year 7947.52 7680.86 709.01 266.66 865&53 7947S2 Bank arnl Cash Balan Bank Cxrrent Ac£cAXrt Bank Resenfft Alt Bank lknl Account (St8 Equiv) 2538.&3 1539.34 6117.70 4190.18 2218.00 8656.53 794752 Odr Assets (Unrestslrted fu PIcationS (B)lets> 01 1435 1310 Sl ed on behalf of Trustees Rev Dr Andrew Camp Chalmian Date Rev Andrew Irwln Hon Treasurer Regi.slered a.s a Charity lviih Ike Charity, C. omn113.sicJnfur NonhepTr Ireland NJG1008J ? 7
Notes to the Financial statements for the year ended 31[st] August 2023
1. Accounting policies
Set out below are the principal accounting policies which have been adopted in the compilation of the Receipts and Payments Account and The Statement of Assets and Liabilities.
(a) Receipts and Payments Account
All items of income and expenditure included within the Receipts and Payments Account have been accounted for on a cash receipts basis.
(b) Statement of Assets and Liabilities
- (i) Assets retained for the organisation’s own use
The Organisation has tangible assets as shown in The Statement of Assets and Liabilities which consists of stocks of booklets, largely of two Lenten booklets, a revised version of The Work of a Parochial Nominator and a 2022 publication “Why are we still here (Old Age is no fun)”.
(ii) Investments
The Organisation has no investments
2. Transactions with the Trustees
Reimbursement of expenses was made to two Trustees totalling £122.24
3. Governance Costs
Governance costs of £300 were paid out during 2022-23.
4. Euro Account
Ulster Bank withdrew operations from the Republic of Ireland during 2022-23. The balance of the Euro account was transferred to the Sterling account.
As there are generally only a small number of euro transactions a suitable account with no or minimal bank charges is being sought to accommodate euro currency membership fees.
Registered as a Charity with The Charity Commission for Northern Ireland NIC100812 8