Rugby Avenue Congregational Church Trustees, Report and Financial Statements for the year ended 31 December 2023 For Financial Year ended 31 December 2023 Funds 2023 Funds 2023 Funds 2023 Total 2023 Total 2022 Note ReceFptg DonatDns and legacies I nvestment/Bank Income Other I ncome 22,518 256 1,863 3.316 25.834 256 1,863 18,585 219 562 Total Recelpts 24.637 3,316 27,953 19,366 Raising funds Charitable actSvitles 27,673 27,673 4,694 4.694 32.367 29,159 29,159 Total Payments Net of Reeelpts/(Payments) before Transfers Transfers between Funds Surplus/{- Deflclt) for the year 32,367 -3.036 -1,378 4,414 -1.378 1.378 4.414 9,793 4,414 9,793 Reconclllatlon Funds broughtforward Surplus/1- Deficit) for the year Funds &irried fonvard ICKI,873 -4,414 100,873 110,666 -4,414 9,793 96,459 100,873
Rugby Avenue Congregational Church Tru5tees' Report and Financial Statements for the year ended 31 Dernber 2023 As at 31 December 2023 Unre5trlrted Restrlrted Funds Funds 2023 2023 Funds 2023 Total 2023 Total 2022 14ote Funds Reconclllatli Bank and Cash at stsrt of year Net movement in funds Bank and Cash at end of year 100,873 -4,414 96.459 100.873 -4,414 96.459 110,666 9,793 100.873 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Total Bank & Cash Balances 50,275 46,184 96A59 50,150 50,723 100,873 Approved by the Trustees at a meeting on 26 Aprwl 2024 and signed on their behalf by.. Margaret Stokes Treasurer Date: 3 April 2024
Rugby Avenue Congregational Church Trustees, Report and Financial Statements for the year ended 31 December 2023 Accountlng standards As the total income of the congregation is less than £250,(XXI the congregation Pove elected in accordance with the provisions tn The Charities Accounts and Reports Regulations (Northern Ireland) 2015 to prepare its accounts on a receipts and payment basis. Fund accountlThg Unrestrlrted funds are expendable at the discretion of the management committee In the furtherance of the charitable objectives of the charity. Restricted funds are subjected to restrictions on their expenditure imposed by the donor. Endowment funds, in simple terms. refers to a gfft of property or money given to a charty as a restricted fund. Trust law requires a charity to invest the assets of an endowment, or to retain them forthe charltVs use in furtherance of its charltable purposes, rather than apply or Spend them as rncome. The Income generated from endowment funds held for irfvestment is then used to further the purposes of the charity. StatUS The Rugby Avenue Congre8ational Church Is an unincorporated association and Is registered wlth the Nl Charities Cornmlsslon with re8iStratlon number NIC1952. Donatlons and Legades Funds 2023 Funds 2023 Funds 2023 Total 2023 Total 2022 Freewill Offerings Collectlons Donations, grants and gifts Gift Aid on Donations 8,215 8,913 5,390 8,215 9,395 8,224 8,030 7,799 2,756 2,834 Total Donathyns and Le8acles 22,518 3.316 18.585 io
Rugby Avenue Congregational Church Trustees, Report and Financial Statements for the year ended 31 December 2023 unrestTk Restrkted Endowment Funds Funds Funds 2023 2023 Total 2023 2022 Total bank interest 256 256 219 Total Investment Income 256 219 5. Other Income Funds 2023 Funds 2023 Funds 2023 Totsl 2022 2023 Event Income Other Income 560 1,203 1,203 Total Other Income 56Z Ratslng Funds Funds Funds 2023 Total 2022 2023 2023 FWO Envelopes Total Ratslns Funds Nil expenditure tn 2023 as svffKient FWO envelw rerTrained from those ptwchased ITr 2021. 11
Rugby Avenue Congregational Church Trustees, Report and Financial Statements for the year ended 31 December 2023 7. Charitable Artlvftles Enttowment Funds 2023 Funds 2023 Funds 2023 Total 2023 Total 2022 Ministry and Support Staff Cost5 Congregatlonal Runnln8 Expense5 Christmas Dlnner Caterln8 Buildlng Maintenance Expenses Donatlons to Mlsslon5 & Charities Congregatlonal Unlon of Ireland Subscrlptlon Governance Costs Totsl Charltable Actlvlttes 11.910 11.910 11.356 5,184 579 5,184 579 1,362 595 11,355 4.694 4,694 3.892 85 71 32.367 85 514 29,159 71 27.673 4,694 The congregation owns the Church premises sltuated at 8 Queensfort Road, Carryduff. BT8 8NG and the associated fixtures. These have an insurance value of £1.882,873. 12
Rugby Avenue Congregational Church Trustees, Report and Financial Statements forthe year ended 31 December 2023 9. Fund Balan$ 20232 2022 unreStrfrt Fund5 At l January Net Stsrplus/l- Deficit I for the year Funds transfer l(X)073 -3,036 -1.378 109,352 8,431 -48 At 31 December 96.459 100,873 ted Funds At l January Net Surplus/{- Defldt) for the year Funds transfer 1,314 -1,362 48 -1,378 1.378 At 31 December Endowment Fu At l January Net Surplvs/l- Delicit >for the year Funds transfer At 31 Oecember Totsl Funds loo73 10. Relmbur5ernents to offlcer5 aThd the managefflert cofflffllttee There were no expenses incurred by the officers and management committee member5 in undertaking the activities of the charity which required to be reimbursed. No officer or management committee member received any remuneration during the year {2022: £Nil). 13