Eglinton Presbyterian Church - a Congregation of the Presbyterian Church in Ireland Financial Statements For the year ended 31 December 2022 Registered Charity In Northern Ireland ( NIC 104332)
E8llnton Presbyterlan Church- a Con8regation of The Presbyterlan Churth In Ireland 5tstement of Flnanclal Artlvlty ( Recelpts and Payments Account ) for the year ended 31 December 2022 Unrestrfrted Restrlcted Endowment Total Funds Funds Funds 2022 Totsl Recelpts Donations and legacies Charltsble activities Investment Income Other Organisations 89892 47878 io 137770 147608 1810 663 16820 42937 663 16820 614 38098 40833 42937 Sale of Investments Sale of flxed assets Loans ReIved Totsl Recelpts 107375 92625 20¢XIIJJ 227153 PayMts Raising fund5 Charitable actNities Organisations 728 103787 728 690 124922 125349 36221 21604 21135 36221 Purchase of Investments Purchase of fixed assets Loan Repayments Totsl Payments 104515 57356 161871 147643 Net reIpts / {paymentsl Transfers between funds 2860 5240 35269 -5240 38129 79510 Net movement in funds 8100 30029 38129 79510 Funds brought forward 32853 554362 587215 507705 Fund5 carrled forward io 4LVJ53 584391 Page-l-
Eglinton Presbyterfan Churth- a Congregatlon of The Presbyterlan Church In Ireland Unrestrlcted Restrirtod Endowment Total Funds Funds Funds 2022 Total 2021 Funds Re¢on¢illatlon Net a55ets at start of year Netmovementirk furtd& 32853 81 554362 31x129 58721S 389 507705 79510 Net assets at end of year 40953 584391 625344 587215 Ulster Bank current account No.1 Ulster Bankcurrent account No.2 Ulster Bank currentacciwrtNo3 Ulster Bank current account No.4- Bequests Cash in hand - Organisations Bank Current Accounts- Organisation5 39396 875 7204 12645 28877 15939 12617 638 44745 106260 46153 106659 Total Hxed Asset5- Note 8 Church/ Halls l Manse Fixtures and Fittin85 Vehicles 518685 518685 Uabilities Ulster Bank Loan account P M S Loan account -37730 TA)tal -37J30 Net assets 625344 587215 Investments- blote 9 28756 31331 Total assets 654100 618546 Approved by the Kirksession at a meeting on 28 February 2023 and Signed on its behalf by Name: I,11, Name: Date: 28 February 2023 Date: 28 February 2023 Page-2-
Egllnton Presbyterian Chur¢h- a Congre8atlon of The Presbyterian Church In Ireland Plotes to the accounts. 31 DrnbEr 1122 Accountl Policles Basls of Hnandal Statements As the total Income of the congregation is less than £250,0(J) the congregation have elected in accordance wlth the provisions in The Charftles (Accounts and Reports Re8ulations) (Northern IrelarKI) 20 to prepare its accounts on a reIpts and payments basis. Endowment funds are fund5, the capital of whlch must be retained either pernianently or at the congreeatlon's discretion,. the income derived from the endowment is to be used elther as restricted or unrestricted Income funds depending upon the purpose for which the endowment was establlshed in the first place. Restricted funds comprise (a) income from endowments which to be expended only on the restricted purposes intended by the donor and {bl revenue donations or grants for a speclfic congregatlonal actlvlty intended by the donor. Where these funds have unspent balaft$, interest on their pi)oled investment Is app(Mtioned to the individual fund5 on an average balance basis. Unrestrirted funds are Income funds which are to be Spent on the congre8ation's general purposes. Desl8nated funds are general funds set aside by the congregation for use in the future. Donations and Le£aaes UnrestrlLted RestrtLted Endovrnt Total Funds Funds Funds 2022 Total 2021 Recorded Givings Loose Collections Donatlons and Gifts Glft Aid Legacies and bequests 71150 417 3341 14984 30537 12 94L8 7911 101687 105468 429 228 12759 16251 22895 22661 47878 137770 147608 Page-3-
Egllntoft Presbyterfan Church - a Congregation of The Presbyterlan Churth In Ireland Notesto the accounts Icont'd)- 31 December Z022 Charitable Artlvities Unrestritted Restrfrted Eftdowment Total Funds Funds Funds 2022 Total 2021 Chiistmas Tree Festival io 1810 1810 1810 Investment Income Unrestrfcted Restrlcted Endovmient Total Funds Funds Funds Total 2021 Deposit Interest General In¥estment Fund Rents investment properties Other investment income 28 635 28 635 612 614 Pa8e 4-
Egllnton Presbyterfan Church - a Congreptlon of The Presbyterian Church In Ireland Notesto the accounts (cont'd) 31 December 2022 Oiher Income Unrestricted Restrfrted Endowment Total Funds Funds Funds 2022 Total 2021 urt>an Mission Trust Urban Misslon Trust (Refurbishmentl Irish Misslon Trust Presbyterian Herald Church Weekend Early Repayment discount on PMS Loan 51JO 155tM) 12113 45 1275 1275 723 10798 38098 16820 16820 Raising Funds Unrestrirted Restrirted Endowment Total Funds Funds Funds Total 2021 FWO envelopes 728 728 690 728 728 690 Chaiitable Pxtl¥ltqes Unrestrlcted Restricted Endowment Total Funds Funds Funds 2022 Total 2021 General Assembly Assessments Presbytery fees Ministry and support staff costs Congregational running expenses Donations to Mi$51ons and Charities Governance Costs 16730 768 49798 20516 15500 475 16730 15079 753 67605 23992 17660 260 49798 27643 29508 475 7127 14IJ08 103787 21135 124922 125349 Page-&
Egllnton Presbyterlan Church- a Congre8ation of The Presbyterlan Church in Ireland Note5to the a¢wunts Icont'd)- 31 December Z022 Nxed Assets The congregation owns the Church / Ha115 premlses tUated at Ballysillan Road. Belfast Bll4 6RB, the Manse occupied by the Mlnlster and hi5 *amily 51tuated at 39 Old Cavehlll Road, Belfast, BT15 5FH and the assoclated fixtures. fittings. plant and machinery. These have a combined insurance value of £2,681.057 at last renewal date. Investments The con8regation has the followinE investment& Amounts are shovm at marketvaluation 2022 2021 General Investment Fund 28756 31331 Pa8e-
Eglinton Presbyterian Church- a Congregation of The Presbyterian Church in Ireland Notes to the accounts (cont'd)- 31 December 2022 10 Fund Balances Balance at Start Receipt5 Payment Surplus / Transfers Balance {Defl¢ft} at end Unrestrirted Funds General account Bequests account 20236 12617 32853 107347 28 107375 104515 2832 28 2860 5240 28308 12645 40953 104515 5240 Restricted Funds Church / Halls l Manse Ulster Bank loan account Renovation Fund Property Maintenarice Fund Evangelical Outreach United Appeal World Dev Fund Moderators Appeal Pres.Childrens Society British Legion Students Bursary Christmas Tree Festival Flower Fund Mothers & Toddlers Catering Fund Music I Sound fund Mens Community Worker Organi5ations Rounding difference 518685 -37730 15939 3444 5110 518685 670 -670 29665 -2569 -566 -163 38400 -38400 29665 2291 7204 875 4544 4860 566 8183 1755 2425 450 188 687 3645 8346 1755 2425 607 188 687 345 173 163 -157 157 104 1174 495 3300 -173 3404 iooi 495 400 400 113 709 1049 45383 -113 596 1049 46539 42937 36221 6716 -5560 554362 92625 573S6 35269 -5240 584391 Total Funds 587215 200000 161871 38129 625344 Valuation at start 31331 Revaluation Decrease -2575 Valuation at end 28756 General Investment Fund Total assets 618546 654100 Agreed and Signed.. 8orbaro Thompson I Eglinton Trustee - Finonce ) Agreed and Signed,. Roy Eokin { ExGminer J Dote.. Page -7-