DESERTCREAT PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2022 Note Unrestricted Funds Restricted Funds Total 2022 Total 2021 Receipts Donations and legacies Charitable activities Other trading attivities Investment Income Other 74031 5252 468 2636 994 11595 140 85626 5392 468 2808 994 82902 1300 380 806 9991 172 Total Receipts 83381 11907 95288 95379 Payment5 Raising funds Charitable activities Investment costs Other 101316 1350 102666 80853 Total Payments 101316 1350 102666 80853 Net receipts / {paymentsl Transfer5 between funds 1179351 17650 10557 1176501 173781 14526 Net movement in funds Funds brought forward 12851 38593 170931 85549 173781 124142 14526 109616 Funds carried forward 12 38308 78456 116764 124142
DESERTCREAT PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2022 Unrestrirted Funds Restricted Total Funds Total Funds Funds 2022 2021 Funds Reconciliation Bank and Cash at start of year Net movement in funds 38593 12851 85549 17093) 124142 {73781 109616 14526 Bank and Cash at end of year 38308 78456 116764 124142 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 38308 78456 116764 124142 116764 124142
DESERTCREAT PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND NOTES TO THE ACCOUNTS 31 December 2022 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 la} income from endowments which is to be expended only on the restricted purposes intended by the donor and Ib) 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. DONATIONS AND LEGACIES Unrestrirted Funds Restricted Funds Total 2022 Total 2021 Recorded giving Loose collections Donations and gifts Gift Aid Legacies and bequest 54051 1267 2605 16108 11495 65546 1267 2705 16108 64528 212 2198 15964 loo 74031 11595 85626 82902
DESERTCREAT PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND NOTES TO THE ACCOUNTS 31 December 2022 CHARITABLE AcfiviTIES Unrestricted Funds Restricted Funds Total 2022 Total 2021 Income from charitable activities Fees from weddings and funerals Fundraising events Membership fees Grants 1157 3040 1055 1157 3180 1055 140 1300 5252 140 5392 1300 OTHER TRADING AcfiviTIES Unrestricted Funds Restricted Funds Total 2022 Total 2021 Hall Hire Trading income 468 468 380 468 468 380 INVESTMENT INCOME Unrestricted Funds Restricted Fund5 Total 2022 Total 2021 Deposit interest RCB Distribution Rents investment properties Other investment income 172 172 2636 2636 798 2636 172 2808 806
DESERTCREAT PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 OTHER INCOME Unrestricted Funds Restricted Funds Total 2022 Total 2021 Expenses Contribution Insurance Claim Other income 854 854 2020 140 140 7971 994 994 9991 RAISING FUNDS Unrestricted Funds Restricted Funds Total 2022 Total 2021 FWO envelopes Fundraising events CHARITABLE AcfiviTIES Unrestricted Funds Restricted Fund5 Total 2022 Total 2021 Diocesan Assessments Ministry and support staff costs Congregational running expenses Donations to M issions and charities 46470 1470 53186 190 46470 1470 53186 1540 46081 1580 32192 iooo 1350 101316 1350 102666 80853
DESERTCREAT PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 OTHER EXPENDITURE Unrestricted Funds Restricted Funds Total 2022 Total 2021 Investment properties expenses 10. FIXED ASSETS The congregation owns the Church premises situated at 50 Lower Grange Road, Cookstown, BT80 8SL and the associated fixtures, fittings, plant and machinery. 11. INVESTMENTS The congregation has the following investments. Amounts are shown at market valuation. 2022 2021 Property Other investments
DESERTCREAT PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 12. FUND BALANCES Fund Balance at Start Receipts Payment Surplus / (Deficit) Transfer Balance at end Unrestricted Funds No. l Account 38593 83381 101316 (179351 17650 38308 38593 83381 101316 1179351 17650 38308 Restricted Funds Fabric Fund Account No. l Account- Missions/Charities 85549 11907 11907 113501 1190001 1350 78456 1350 85549 11907 1350 10557 {176501 78456 Total 124142 95288 102666 173781 116764