St Matthew's Church. Parish of Keady
Statement of Financial Activity (Receipts and Payments Account) for the Year Ended 31 December 2022
Note
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2022
Totsl
2021
Receipts
Donations & Legacies
Charitsble Activities
Other Trade Activities
Investment income
Other income
22,223
22,992
4.938
39
3,117
22,223
22,992
4,938
14,373
3,117
14,224
8,561
4,938
16
11,324
14,334
Total Receipts
53.309
14,334
67,643
39,063
Payments
Charitable Activities
52,869
31
52,900
27,096
Total Payments
52,869
31
52,900
27,096
Net Receipt5 1 Payments
Transfer5 net
440
5,000
14,303
15.0001
14,743
11,967
Net movement in funds
5,440
9,303
14,743
11,967
Funds brought forward 01 January 2022
16,9041
147,521
7.756
148,373
16,450
Deduct non cash/bank related Endowment Fund5
Funds carried forward 31 December 2022
11,4641
147,521
17,059
163,116
28,416

St Matthew's Church, Parish of Keady
Statement of Assets and Liabilities as at 31 December 2022
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2022
Total
2021
Funds Reconciliation
Bank and cash at start of year
16,9041
147,521
7.756
187,905
175,938
Net movement in funds
5,440
5,440
11.967
Bank & Cash Balances
Bank Oeposit Accounts
Bank Current Accounts
7,182
8,413
16.8641
7,716
Total
15,595
852
Other Assets
Fixed A55ets
Church Premises
Heritage
Heritage
Liabllities
Loans
io
21,147
27,565
Approved by trustees on
2310612023
and signed on its behalf by:
Trustee
Trustee
Date.. 23/06/2023
Date.. 2310612023

St Matthew's Church, Parlsh of Keady
Notes to the Accounts- Year Ended 31 December 2022
ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
As the total income of the congregation is le55 than £250,000 the congregation have elected In accordance with the provisions In The Charities
IAccounts and Reports Regulations INorthern 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 discretion. 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 comprise lal income from endowments which is to be expended only on the restricted purposes intended bythe 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.
Unrestrlcted 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
Fund5
Restricted
Funds
Endowment
Funds
Totsl
3111212022
Oonations and Gifts
Gift Aid
Legacy and Bequests
19,478
2,600
145
22,223
19,478
2,600
145
22,223
3. CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Totsl
3111212022
Charitable Activities
Wedding and Funeral Fees
21,792
1,200
22,992
21,792
1,200
22,992
4. OTHER TRADE A￿1VITIEs
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
3111212022
Glebe Land5 Conacre Income
4,938
4,938
4,938
4,938
5. INVESTMENT INCOME
Unrestricted
Fund5
Restricted
Funds
Endowment
Funds
Total
3111212022
Deposit Interest
Dividends
Sale of Share5
39
13
2,646
11.675
14,334
13
2.646
11,675
14,334
39
6. OTHER INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Totsl
31112/2022
Armaghbreague
Derrynoose
Newtownhamilton
702
703
1,712
3,117
702
703
1.712
3,117

St Matthew's Church, Parish of Keadv
Notes to the Accounts- Year Ended 31 December 2022
PAYMENTS
7. CHARITABLE A￿1vITE5
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
3111212022
Ministry and Support Staff
4,585
4,585
Donations to Mi55ions and Charities
Governance Costs
17,409
101
17.409
101
52,869
31
52,900
8. FIXED ASSETS
The assets retained for the Parish's own use include the.. Parish Centre,. Glebe House,. Fixtures and Fittings. All these assets retained for the Parish's own
use are Heritage_

st Matthew's Church, Parish of Keady
Notes to the Accounts- Year Ended 31 December 2022
9. FUND BALANCES
Balance
at start
Receipts
Payments
Surplus/
(Deficit)
Transfer5
nett
Balance
at end
Unrestrirted Funds
Current Account
Investment Roofing Actount
Church Loan
Bounce Back Loan
Interest Free Loan
7,716
12,945
-9,727
-17,838
31,688
21,621
52,010
-20,322
21,621
-455
-404
21.018
4,295
3,561
3,716
-19,000
8,412
30,271
-6,621
-14,526
-19,000
455
404
-6,904
53,309
52.869
440
5,000
-1,464
Restricted Fund5
Other Listed Investments
Investments in RCB / CIT Unit Trusts
97.475
50,046
97,475
50,046
147,521
147,521
Endowment Funds
Investment l Mccabe Account
7,756
14,334
31
14,304
-5.000
17,059
7,756
14,334
31
14,304
-5,000
17.059
Total Funds
148,373
67.643
52,900
14.744
163,117
852
15,184
15,595
10. LIABILITIES
Bank Loans
Owed atyear End
12
2022
31
12
2021
6,621
9,727
14,526
17,838
19,000
31
Danske Bank Loan for Church
Bounce Back Loan
Annon Loan
40,147
27,565