Charity No: NIC103657
Church of God (Armagh)
Trustee Report
and
Receipts and Payments Account
for the year ended 31st March 2023

Church of God IArmaghl
Statement of Financial Activity (Recelpts and Payments Account) for the Year Ended 31 March 2023
Note
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Receipts
Donations & Legacles
Investment Income
Other income
3,098
26
14,986
18,084
26
23,253
13
69,142
Total Receipt5
3,124
14,986
18,110
92,408
Payments
Charitable Activities
8,019
17,450
25,469
101,020
Total Payments
8,019
17,450
25,469
101,020
Net Receipts I Payments
Transfers net
14,8951
12,4641
17,3591
18,6121
Net movement in funds
14,8951
12,4641
17,3591
18,6121
Funds brought forward 01 April 2022
243,083
8,396
251,479
260,091
Deduct non cash/bank related Endowment Funds
Funds tarried forward 31 March 2023
238.188
5,932
244,120
251,479

Church of God (Armaghl
Statement of Assets and Liabilities as at 31 March 2023
Unrestrlcted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Fund5 Reconcillatlon
Bank and cash at start of year
243,083
8,396
251,479
260,091
Net movement in funds
14,8951
12,4641
17,3591
18,6121
Bank & cash at end of year
238,188
5,932
244,120
251,479
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Account5
20,031
24,089
20,005
31,474
Total
44,120
51,479
Other Assets
Fixed As5et5
Church Premises
200,000
200,000
200,000
200,000
Liabilities
Other
244,120
251,479
Approved by trustees on
2910812023
and signed on it5 behalf by..
Tr
stee
Truste
Date.. 29/0812023
Date.. 2910812023

Church of God (Armaghl
Notes to the Accounts- Year Ended 31 March 2023
ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
As the total income of the congregation 15 les5 than £250,000 the congregation have elected in accordance with the provisions in The Charities
IAccounts and Reports Regulatlons (Northern Irelandl 2015 to prepare its accounts on a receipts and payments basis.
FUNDACCOUNTING
Endowment funds are funds, the capital of which must be retained either permanently or at the congregation's di5cretion,' the income derived from the
endowment Is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in
the first place.
Restricted funds comprlse lal income from endowments which is to be expended only on the restricted purposes intended by the donor and Ibl revenue
donations or grants for a specific congregational activity intended by the donor. Where these funds have unspent balance5, interest on their pooled
investment is apportioneé to the individual funds on an average balance ba51S.
Unrestricted funds are Sncome funds which are to be spent on the congregation's general purposes.
Designated funds are general fund5 set aside by the congregation for use in the future.
RECEIPTS
2. DONATIONS & LEGACIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Donations and Gift5
Gift Aid
3,098
14,986
18,084
3,098
14,986
18,084
3. INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Fund5
Total
2023
Deposit Interest
26
26
26
26
4. OTHER INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
other- From Knocknacloy
Other- From Dungannon Church

Church of God IArmaghl
Notes to the Accounts- Year Ended 31 March 2023
PAYMENTS
5. CHARITABLE AcfiviTES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Congregational running expenses
Donations to Missions and Charities
Governance Costs
4,019
4,000
4,019
21,450
17,450
8,019
17,450
25,469
6. FIXED ASSETS
The congregation owns the Church premises situated at 22 Newry Road Hall, Armagh, Co. Armagh BT60 IEH and the a550ciated fixtures and fittlngs.

Church of God IArmaghl
Notes to the Accounts- Year Ended 31 March 2023
7. FUND BALANCES
Balance
at Start
Receipts
Payments
Surplus/
(Deficit)
Transfers
nett
Balante
at end
Unrestricted Funds
General Bank
Deposit Account
General Fund
23,078
20,005
200,000
3,098
26
8,019
14,9211
26
18.157
20,031
200,000
243.083
3,124
8,019
14,8951
238,188
Re5trirted Funds
Lord's Servants
Buildings Repairs l Maintenance
Outreach I Special Needs
381
4,198
3,817
13,696
13,650
46
427
4,198
1,307
1,290
3,800
12,5101
8,396
14,986
17.450
12,4641
5,932
Endowment Funds
Total Funds
251,479
18,110
25.469
17,3591
244,120