Manna Ministries, The Olde Paths Statement of Flnancial Activity (Receipts and Payments Account) for the Year Ended 31 March 2023 Note Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Recerpts Donations & Legacles Investment income 105,796 105,796 Total Receipts 105,796 105,796 Payments Raising Funds Charitable Activlties 53,826 53,826 Total Payments 53,826 53,826 Net Receipts / Payments Transfers net 51,970 51,970 Net movement in funds 51,970 51,970 Funds brought forward 01 April 2022 102 102 Deduct non cash/bank related Endowment Funds Funds carried forward 31 March 2023 52,072 52,072 Manna Ministries. The Olde Paths Statement of Assets and Llabilities as at 31 March 20Z3 Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Funds Reconciliation ank and cash at start of year 102 102 Net movement in funds 51,970 51,970 as Bank & Cash Balances Bank Current Accounts 52,072 Total 52.072 Memorandum Note Onlv Fixed Assets Approved by trustees on 2810412023 and signed on its behalf by.. Trus Trustee Oate.. 1111012023 Date.. III1012023 Manna Mlnistries. The Olde Paths Notes to the Accounts- Year Ended 31 March 2023 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total income of the congregation is less than £250,000 the congregation have elected in accordance with the provisions in The Charities IAccounts and Reports Regulations INorthern Ireland) 2015 to prepare its accounts on a receipts and payments basis. FUND ACCOUNTING Endowment funds are funds. the capital of which must be retained either permanently or at the congregation's discretion- the income derived from the endowment is to be used either as restricted or unrestricted income fund5 depending upon the purpose for which the endowment was established in the first place. Restricted funds comprise 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 balances, interest on their pooled investment is apportioned to the individual funds on an average balance basis. Unrestricted funds are income funds which are to be spent on the congregation's general purposes. Designated funds are general funds set aside by the congregation for use in the future. RECEIPTS 2. DONATIONS & LEGACIES Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Recorded Giving Donations & Gifts GiftAid 105,796 105,796 105,796 105,796 3. INVESTMENTINCOME Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Deposit Interest Manna Ministries, The Olde Paths Notes to the Account5- Year Ended 31 Marth 2023 PAYMENTS 4. RAISING FUNDS NIA 5. CHARITABLE AcfiviTES Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Congregational running expenses Governance Costs Donations to Missions and Charities 44,767 9,059 44,767 9,059 53.826 53,826 6. FIXED ASSETS The buildings and content5 have an insurance value of £X at last renewal date. Manna Ministries. The Olde Paths Notes to the Account5- Year Ended 31 Marth 2023 7. FUND BALANCES Balance at start Receipts Payments Surplus/ (Deficitl Transfers nett Balance at end Unrestrirted Funds General 102 105,946 53,976 51,970 52,072 102 105.946 53,976 51,970 52,072 Restricted Funds Total Funds 102 105,946 53.976 51,970 52,072