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2022-12-31-accounts

MOUNTPOTTINGER NON-SUBSCRIBING PRESBYTERIAN CHURCH

INCOME AND EXPENDITURE ACCOUNT SUMMARY FOR 2022

INCOME EXPENDITURE
Income for 2022 £ 8,270.19 Expenditure for 2022 £ 9,052.70
(Deficit) for the Year
(£782.51)
___ ___
£ 8,270.19 £ 8,270.19
___ ___
STATEMENT OF FUNDS
Opening Balance @ 1-1-22
General Fund £ 2,077.32
Changes to General Fund:
General Fund Deficit for the year
(£782.51)
______
____
£ 1,294.81
____
Closing Balance @ 31-12-22
General Fund £ 1,294.81
___
£ 1,294.81
___
Accounts prepared by:
Adrian Moir, Hon. Treasurer.
Audited by:
Michael Hynds, FCA

NI Charity Registration No: NIC 103537

MOUNTPOTTINGER NON-SUBSCRIBING PRESBYTERIAN CHURCH

INCOME AND EXPENDITURE STATEMENT 2022

INCOME

Year to 31-12-22 Year to 31-12-21 Year to 31-12-22 Year to 31-12-21
Amount (£) Amount (£)
Free Will Offering Envelopes 2,090.00 2,140.00
Plate Collections: Sunday Service 70.00 45.00
Tax Refund under Gift Aid 180.00 226.25
N.S.P. Magazine subscriptions 25.00 -
Private donation(s) 1,180.19 9.30
Donations from Bright Umbrella Drama Co 1,660.00 755.00
Proceeds of Sale of church organ - 250.00
Proceeds of Sale of old pews - 300.00
Proceeds of Sale of chairs 200.00 60.32
Collection towards Paul Jeffrey gift cheque - 25.00
Dividends from M&G Charifund 2,865.00 2,410.22
Transfer of Funds from Restoration Fund Account - 84.35
____ ____
INCOME FOR YEAR £ 8,270.19 £ 6,305.44
____ ____

MOUNTPOTTINGER NON-SUBSCRIBING PRESBYTERIAN CHURCH

INCOME AND EXPENDITURE STATEMENT 2022

EXPENDITURE

EXPENDITURE
Year to 31-12-22 Year to 31-12-21
Amount (£) Amount (£)
Ministerial Supplies 900.00 720.00
Visiting Preachers 230.00 170.00
Advertising, Stationery & Posters - 112.00
Electricity 2,339.96 1,049.34
Water charges 249.13 195.13
N.S.P. Magazines (annual subscriptions) - -
Treasurer’s Honorarium 48.00 48.00
Insurance Premium 676.55 648.82
Presbytery Fee - -
Joint Incidental & Moderatorial Fund 77.00 77.00
Sunday Schools Fund 2.00 2.00
Sustentation Fund 150.00 150.00
Trustee Company 10.00 10.00
Bodel MacKenzie Fund 5.00 5.00
Ministers’ Widows Fund
60.00 60.00
Orphan Society 40.00 40.00
Porter Fund 15.00 15.00
Christian Ministries (formerly Students & Ministers) Fund
30.00
30.00
Benevolent Fund 25.00 25.00
Royal British Legion Poppy Appeal 25.00 50.00
Paul Jeffrey, gift cheque - 75.00
Fire Equipment Servicing 210.00 180.00
Property Repairs & Improvements 250.00 400.00
Electrical Safety Testing 600.00 -
New Signage for Church exterior - 115.20
Purchase of Charifund Income Units 3,000.00 1,000.00
Auditor’s Fee 70.00 70.00
Bank Fees & Charges 40.06 39.29
_____ ____
EXPENDITURE FOR YEAR
£ 9,052.70 £ 5,261.78
_____ ____
SURPLUS / (DEFICIT) FOR YEAR
(£ 782.51) £ 1,043.66

MOUNTPOTTINGER NON-SUBSCRIBING PRESBYTERIAN CHURCH

INVESTMENT SUMMARY 2022 M&G Charifund: Amount of Holding @ 1-1-22 3,322.788 income units Acquisitions/(Disposals) during 2022: 196.394 income units __ Amount of Holding @ 31-12-22: 3,519.182 income units Valuation of M&G Charifund Holding (as at 31-12-22): £ 51,715.08 DIVIDENDS RECEIVED FROM INVESTMENT IN 2022: £ 2,865.00


Notes on: Sunday School, Women’s League & Restoration Fund Accounts

(i) A total balance of £ 255.12 belonging to the Sunday School Account is being held in the General Account of the Church since its transfer on 8-9-1995.

(ii) A total balance of £ 161.40 belonging to the Women’s League Account is being held in the General Account of the Church since its transfer on 2-2-2009.

(iii) A total balance of £ 84.35 belonging to the Restoration Fund Account is being held in the General Account of the Church since its transfer on 25-6-2021.