NEW MOSSLEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
Financial Statements for the year ended 31st December 2023
Registered Charity in Northern Ireland (NIC104226)
New Mossley Presbyterian Church - a Congregation of The Presbyterian Church in Ireland
Statement of Financial Activity ( Receipts and Payments Account ) Year ended 31 December 2023
| Notes Receipts Donations and legacies 2 Charitable activities 3 Other trading activities 4 Investment Income 5 Other 6 Organisations Sale of Investments Sale of fixed assets Loans Received Total Receipts Payments Raising funds 7 Charitable activities 8 Investment costs Other 9 Organisations Purchase of Investments Purchase of fixed assets Loan Repayments Total Payments Net receipts / (payments) Transfers between funds Net movement in funds Funds brought forward Funds carried forward 12 |
Unrestricted Restricted Endowment Total Total Funds Funds Funds 2023 2022 £ £ £ £ £ £49,440 £14,154 £0 £63,594 £53,110 £0 £1,574 £0 £1,574 £3,124 £600 £0 £0 £600 £1,000 £198 £0 £0 £198 £174 £0 £0 £0 £0 £0 £0 £8,765 £0 £8,765 £15,816 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 |
|---|---|
| £50,238 £24,493 £0 £74,731 £73,224 |
|
| £209 £0 £0 £209 £312 £44,877 £18,879 £0 £63,756 £50,149 £0 £0 £0 £0 £0 £140 £951 £0 £1,091 £1,320 £0 £12,537 £0 £12,537 £16,853 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 |
|
| £45,226 £32,367 £0 £77,593 £68,634 |
|
| £5,012 -£7,874 £0 -£2,862 £4,590 -£402 £402 £0 £0 £0 £4,610 -£7,472 £0 -£2,862 £4,590 £62,863 £17,147 £0 £80,010 £75,420 |
|
| £67,473 £9,675 £0 £77,148 £80,010 |
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New Mossley Presbyterian Church - a Congregation of The Presbyterian Church in Ireland Statement of Financial Activity ( Receipts and Payments Account ) Year ended 31 December 2023
| Unrestricted | Restricted | Endowment | Total | Total | |
|---|---|---|---|---|---|
| Funds | Funds | Funds | 2023 | 2022 | |
| £ | £ | £ | £ | £ | |
| Funds Reconciliation | |||||
| Bank and Cash at start of year | £62,863 | £17,147 | £0 | £80,010 | £75,420 |
| Net movement in funds | £4,610 | -£7,472 | £0 | -£2,862 | £4,590 |
| Bank and Cash at end of year | £67,473 | £9,675 | 0 | £77,148 | £80,010 |
| Bank & Cash Balances | |||||
| Danske Bank No. 1 | £71,808 | £70,136 | |||
| Danske Bank No. 2 | NIL | £62 | |||
| Cash in Hand - Organisations | £391 | £338 | |||
| Bank Current Accounts - Organisations | £4,949 | £9,474 | |||
| Sub total | £77,148 | £80,010 | |||
| Endowment Funds | £0 | £0 | |||
| Total | £77,148 | £80,010 |
| Other Assets | ||
|---|---|---|
| Fixed Assets -Note 10 | ||
| Church Premises | ||
| Fixtures and Fittings | ||
| Vehicles | ||
| Investments - GIF -Note 11 | ||
| Gift Aid receivable on donations | £8,340 | £5,993 |
| Other assets | ||
| Liabilities | ||
| Loans | 0 | 0 |
| Other liabilities | 0 | 0 |
Approved by the Kirk Session at a meeting on Monday and signed on its behalf by
Name: Howard Keery Name: Mark Welsh Date: Date:
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New Mossley Prersbyterian Church - a Congregation of The Presbyterian Church in Ireland Statement of Financial Activity ( Receipts and Payments Account ) Year ended 31 December 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 (Accounts and Reports Regulations) (Northern 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 funds depending upon the purpose for which the endowment was established in the first place.
Restricted funds comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor and (b) 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.
2. DONATIONS AND LEGACIES
| Gift Aid United Appeal(G.Aid)) United Appeal(recorded) Building Fund (recorded) Donations/gifts (Missions) Loose collections Building Fund (G.Aid) Recorded givings |
Unrestricted Restricted Endowment Total Total Funds Funds Funds 2023 2022 £ £ £ £ £ £41,593 £0 £0 £41,593 £38,036 £0 £0 £0 £65 £0 £2,356 £0 £2,356 £1,995 £0 £205 £0 £205 £159 £0 £9,589 £0 £9,589 £5,025 £0 £428 £0 £428 £430 £140 £1,576 £0 £1,716 £1,996 £7,707 £0 £0 £7,707 £5,404 |
|---|---|
| £49,440 £14,154 £0 £63,594 £53,110 |
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New Mossley Presbyterian Church - a Congregation of The Presbyterian Church in Ireland
Statement of Financial Activity ( Receipts and Payments Account ) Year ended 31 December 2023
3. Charitable Activities
| Fees from weddings and funerals Fundraising events Income: Flower Fd/Mags/Ben Fd Grant: Youth Club N.B.C. |
Unrestricted Restricted Endowment Total Total Funds Funds Funds 2023 2022 £ £ £ £ £ £0 £1,574 £0 £1,574 £2,659 £0 £0 £0 £0 £0 £0 £0 £0 £0 £465 £0 £0 £0 £0 £0 |
|---|---|
| £0 £1,574 £0 £1,574 £3,124 |
4. Other Trading Activities
| Rents investment properties Other investment income Deposit interest Bank Interest 5. Investment Income Power NI MENCAP Grant |
Unrestricted Restricted Endowment Total Total Funds Funds Funds 2023 2022 £ £ £ £ £ £600 £0 £0 £600 £0 £0 £0 £0 £1,000 |
|---|---|
| £600 £0 £0 £600 £1,000 |
|
| Unrestricted Restricted Endowment Total Total Funds Funds Funds 2023 2022 £ £ £ £ £ £0 £0 £0 £0 £0 £198 £0 £0 £198 £174 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 |
|
| £198 0 0 £198 174 |
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New Mossley Presbyterian Church - a Congregation of The Presbyterian Church in Ireland Statement of Financial Activity ( Receipts and Payments Account ) Year ended 31 December 2023
6. Other Income
| Insurance claims FWO envelopes General Assembly Assessments Presbytery fees Ministry and support staff costs Congregational running expenses Donations to Missions and Charities 7. Raising Funds Fundraising events Goverance Costs: Audit etc Property Fund 8. Charitable Activities United Appeal Other income |
Unrestricted Restricted Endowment Total Total Funds Funds Funds 2023 2022 £ £ £ £ £ £0 £0 £0 £0 £0 £0 £0 0 £0 £0 |
|---|---|
| £0 £0 0 £0 £0 |
|
| Unrestricted Restricted Endowment Total Total Funds Funds Funds 2023 2022 £ £ £ £ £ £209 £0 £0 £209 £312 £0 £0 £0 £0 £0 |
|
| £209 0 0 £209 £312 |
|
| Unrestricted Restricted Endowment Total Total Funds Funds Funds 2023 2022 £ £ £ £ £ £7,117 £0 £0 £7,117 £5,954 £274 £0 £0 £274 £322 £24,523 £0 £0 £24,523 £22,801 £12,713 £0 £0 £12,713 £10,519 £0 £3,264 £0 £3,264 £3,179 £0 £2,573 £0 £2,573 £1,552 £0 £13,042 £0 £13,042 £5,622 £250 £0 £0 £250 £200 |
|
| £44,877 £18,879 £0 £63,756 £50,149 |
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New Mossley Presbyterian Church - a Congregation of The Presbyterian Church in Ireland
Statement of Financial Activity ( Receipts and Payments Account ) Year ended 31 December 2023
9. Other Expenditure
| 9. Other Expenditure | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | |
| Funds | Funds | Funds | 2023 | 2022 | |
| £ | £ | £ | £ | £ | |
| Others: Fun Exps; Gifts | £0 | £0 | £0 | £0 | £524 |
| Others: Prizes | £140 | £0 | £0 | £140 | £172 |
| Others: Benevolent Fund | £0 | £450 | £0 | £450 | £380 |
| Others: Mags and Flower Fund | £0 | £501 | £0 | £501 | £244 |
| £140 | £951 | £0 | £1,091 | £1,320 |
10. Fixed Assets
The congregation owns the Church premises at Ballyearl Drive New Mossley Newtownabbey BT36 5XJ and a manse at 12 Dorchester Drive Newtownabbey BT36 5WP and the associated fixtures/fittings and equipment for use of the Minister. A combined insurance value of £1,783,027 at last renewal date.
11. Investments
The congregation has the following investments. Amounts are shown at market valuation
| General Investment Fund at market valuation Property Other investments |
2023 2022 £ £ 0 0 0 0 0 0 |
|---|---|
| £0 £0 |
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New Mossley Presbyterian Church - a Congregation of The Presbyterian Church in Ireland
Statement of Financial Activity (Receipts and Payments Accounts )
Year ended 31 December 2023
12. Fund Balances
| Endowment Fund Womens Day Moderator's Appeal Grace and Hope Church Wider World/Presby Herald Flower Fund Youth Accounts Organisations Tuesday Fellowship Bank - General Fund Benevolent Fund Unrestricted Funds Other Restricted Funds Restricted Funds Maintenance of Property United Appeal European Miss F/Ship Children's Society Summer Madness Cancer Focus |
Balance Receipts Payment Surplus / Transfers Balance at start (Deficit) at end £ £ £ £ £ £ £62,863 £50,238 £45,226 £5,012 -£402 £67,473 |
|---|---|
| £62,863 £50,238 £45,226 £5,012 -£402 £67,473 |
|
| £4,239 £10,017 £13,042 -£3,025 £0 £1,214 £0 £2,561 £3,264 -£703 £703 £0 £0 £0 £150 -£150 £150 £0 £0 £672 £672 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £150 £150 £0 £0 £0 £0 £129 £129 £0 £0 £0 £598 £625 £1,298 -£673 £75 £0 £0 £0 £174 -£174 £174 £0 £2,498 £1,073 £450 £623 £0 £3,121 £0 £196 £196 £0 £0 £0 £0 £305 £305 £0 £0 £0 £281 £24 £149 -£125 -£30 £126 £9,531 £8,741 £12,388 -£3,647 -£670 £5,214 |
|
| £17,147 £24,493 £32,367 -£7,874 £402 £9,675 |
|
| £0 £0 £0 £0 £0 £0 |
|
| Total Funds | £80,010 £74,731 £77,593 -£2,862 £0 £77,148 |
| General Investment Fund | Valuation at Start Revaluation Increase Revaluation at End £0 £0 £0 |
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New Mossley Presbyterian Church - a Congregation of The Presbyterian Church in Ireland
Additional Notes to the accounts for members of the Congregation - 31 December 2023
RECEIPTS
| 2 | Donations and Legacies | 3 | Charitable Activities | ||
|---|---|---|---|---|---|
| Gifts | |||||
| Widerworld | 70 | ||||
| Grace & Hope | 150 | Presbyterian Herald | 126 | ||
| Childrens Society | 672 | Benevolent Fund | 1073 | ||
| Summer Madness | 625 | Flower Fund | 305 | ||
| Cancer Focus | 129 | Total | 1574 | ||
| Total | 1576 |
PAYMENTS
8 Unrestricted Charitable Activities General Assembly Assessments
| General Assembly Assessments | Cong. running expenses | ||
| Central Ministry Fund | 1116 | Internet | 605 |
| Widows of Ministers' Fund | 228 | Power NI | 1910 |
| Prolonged Disability Fund | 228 | Fire NI | 554 |
| Incidental Fund | 913 | NI Water | 426 |
| Ministerial Development Fund | 101 | Copyright | 231 |
| Assembly Buildings Ext. Work | 507 | Stamps | 8 |
| Sick Supply Fund | 10 | TV licence | 159 |
| Students' Bursary Fund | 406 | Firmus Energy | 4201 |
| PCI Pension Scheme | 3608 | Bank fees | 140 |
| Total | 7117 | Expenses | 500 |
| Manse Rates | 714 | ||
| Ministry and Support Staff Costs | Ground Rent | 40 | |
| Phone | 137 | ||
| Stipend | 15031 | Printing | 1107 |
| National Insurance | 853 | Insurance | 1981 |
| Ministerial Car Allowance | 4020 | Total | 12713 |
| Ministerial Duties Allowance | 2681 | ||
| ER NIC on Allowances | 925 | ||
| Apprenticeship Levy | 75 | ||
| Cost of living Payment - Minister | 257 | ||
| Mileage | 256 | ||
| Pulpit Suppliy fees | 425 | ||
| Total | 24523 |
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New Mossley Presbyterian Church - a Congregation of The Presbyterian Church in Ireland
Additional Notes to the accounts for members of the Congregation 31st December 2023
Payments
8 Restricted Charitable Activities
Donations to Missions and Charities
| Childrens Society | 672 |
|---|---|
| Grace and Hope Churc | 150 |
| Summer Madness | 1298 |
| Cancer Focus | 129 |
| European Mission | 150 |
| Womens Day | 174 |
| Total | 2573 |
| Properety Fund | |
| One 4 All | 240 |
| Toilets | 7278 |
| Glover Electrical | 355 |
| Stephens Catering | 252 |
| Manse repairs | 474 |
| Lawnmower repairs | 193 |
| Painting | 4250 |
| Total | 13042 |
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