Page S
GLASTRY PRESBYTERIAN CHURCH TRUST FUND
Statement of financial activities
Year ended 5 April 2023
Total
Unrestrictcd
Funds
2023
Total
Capital
Funds Total Funds Total Funds
2023
2023
2022
Not&
Incoming resources
Tncoming resources from generating funds..
Investment income
66,783
66,783
67,783
60,801
Total incoming resources
Resources expended
Costs of genei'ating funds:
Charitable activities
66,783
68,801
314
64,338
64,338
64,338
2,445
68,953
Total resources expended
Net outgoing resourees for the year
Reconciliation of funds
Total funds brought forward
Transfers
Revaluations
64,338
2,445
68,953
(8,152)
235
1,944,951
1,945,186
1,848,668
(232,809) (232,809)
1,712,142
1,714,822
104,670
Total funds carried forward
2,680
1,945,186
The Statement of Financial Activities includes all gains and losses in the year and therefore
a statement of total recognised gains and losscs has not been pr¢pared.
All of the above amounts Telate to continuing activities.
The notes on pages 7 to 9 form part of these financial statements.

Page 6
GLASTRY PRESBYTERIAN CHURCH TRUST FUND
Balance sheet
5 April 2023
2023
2022
Note
Non-current assets
Investments
1,712,142
1,944,951
Debtors
2,680
2,680
235
235
Creditors
Net current assets
2,680
235
Total assets less current liabilities
1,714,822
1,954,186
Funds
Unrestricted income funds
Capital funds
Total funds
2,680
1,712,142
235
1,944.951
1,714,822
1,945,186
These financial statements were approved by the trnste¢ and authorised for issue on
and ￿'C signed by:
Mr C Haddick
Trnstee
The notes on pages 7 to 9 form part of these financial statements.

Page 7
GLASTRY PRESBYTERIAN CHURCH TRUST FUND
Notes to the financlal statements
Year ended 5 April 2023
Ac¢ountRng policies
Basis of accounting
The financial statements have been prepared und¢r the historical cost convention and in
accordance with Accounting and Reporting by Charities". Statement of Recommended Practice
applicable in the UK and Republic of Ireland (FRS 102), The Financial Reporting Standard
applicable in the UK and Republic of ITeland (FRS 102).
The charity is early adopting FRS 102 Section IA and is taking the exemption from preparing a
cash-flow statement.
The financial statements have b¢¢n prepared on a going concern basis which assum¢s that the
Charity will continue in operational existence for the foreseeable future. The trustees believe that
Lt is appropriate for the fmancial statements to be prepared on th¢ going concern basis.
The entity is a Public Benefit entity as defined by FRS 102.
The financial statements are presented in sterling, which is the functional currency of the entity.
Fund accounting
The charity has one type of fund for which it is responsiblc, and which require separate
disclosure as follows:
Uni'estricÉedfynds.'
Funds which are expendable at the dtscretion of the committee in the furtherance of the objects
of the charity. In addition, ￿llds may be held in order to fInaiice capital investment and working
capital.
Fllndfing recelved
Funding received is recognised irt full in the statement of financial activities in the year in which
they arc Teceivablc.
Other incoming resollrces
Incoming resources including investment income are credited to the statement of financial
activities whcn receivable.
Fundraising costs
Fundraising costs include those costs incu￿ed to facilitate the charities objectives.
Charitable expenditure
Charitable expenditure comprises those costs incurred by the charity in the delivery of its
activities and services for its ben¢ficiari¢s. It includes both costs that can be allocated dii'ecdy to
such activities and those costs of an indirect nature necessary to support them.

Page 8
GLASTRY PRESBYfERIAN CHURCH TRUST FUND
Notes to the financial statements
Year ended 5 April 2023
Investment income
Unrestricted Total Funds Total Funds
Funds
2023
2022
Investment income
66,783
66,783
60,801
Costs of charitable activities by fund type
Unrestricted Total Funds Total Funds
Funds
2023
2022
Charitable Activities
64,338
64,338
68,953
Costs of charitable activities by activity type
Activities
undertaken
directly
Support Total Funds Total Funds
costs
2022
2021
Charitable Activities
55,416
8.922
64,338
68,953
Staff costs and emoluments
£Nil (2022.. £Nil) of salaries and wages have been paid to the employees during the year.
Trustee expenses of £8,922 have been incurred in the year to 5 Aprtl 2023.
Activities undertaken directly of £55,416 represent building costs paid directly to Glastry
Presbyterian Church.
Support cost of £8,922 includes £8,000 for the administration of the trust and £922 for
accountancy fees.
Investments
2022
2022
Opening cost at 6 April 22
Revaluation
1,944,951
(232,809)
1,840,281
104,670
Closing cost at 5 April 23
1,712,142
1,944,951
Investments relate to a portfolio managed by Evelyn Partners (fomiel'ly Smith and Williamson)
and which are revalued to fair value annually.
Debtors
2023
2022
Other debtors
2,680
235

Page 9
GLASTRY PRESBYTERIAN CHURCH TRUST FUND
Notes to the financlal statements
Year ended 5 Aprll 2023
Funds
Opening
balance
Incoming
resources
Outgoing
resources
Closing
balance
Unrestricted income funds
235
66,783
(64,338)
2,680
Opening
balance
Closing
balance
Revaluation
Capital funds
1,944,951
(232,809)
1,712,142
Analysis of net assets between funds
Net current
assets
Investments
Total
C2pfital Funds
Unrestricted income funds
1,712,142
1,712,142
2,680
1,714,822
2,680
2,680
Total Funds
1,712,142