DESERTCREAT PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND
STATEMENT OF FINANCIAL AcfiviTY (Receipts and Payments Account)
for the year ended 31 December 2023
Note
Unrestricted
Funds
Restricted
Funds
Total
2023
Total
2022
Receipts
Donations and legacies
Charitable activities
Other trading activities
Investment Income
Other
87799
2946
1535
4472
3378
15510
12733
103309
15679
1535
5554
3378
85626
5392
468
2808
994
1082
Total Receipts
lQ)130
29325
129455
95288
Payments
Raising funds
Charitable activities
Investment costs
Other
96412
1450
97862
102666
Total Payments
96412
1450
97862
102666
Net receipts / Ipaymentsl
Transfers between funds
3718
(1450)
27875
1450
31593
{7378)
Net movement in funds
Funds brought forward
2268
38308
29325
78456
31593
(73781
124142
116764
Funds carried forward
12
40576
107781
148357
116764

DESERTCREAT PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2023
Unrestricted
Funds
Restricted Total Funds Total Funds
Funds
2023
2022
Funds Reconciliation
Bank and Cash at start of year
Net movement in funds
38308
2268
78456
29325
116764
31593
124142
173781
Bank and Cash at end of year
40576
107781
148357
116764
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
40576
107781
148357
116764
148357
116764

DESERTCREAT PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
ACCOUNTING POUCIES
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 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
Unrestricted
Funds
Restricted
Funds
Total
2023
Total
2022
Recorded giving
Loose collections
Donations and gifts
Gift Aid
Legacies and bequest
65424
2557
2102
17716
11745
77169
2557
5867
17716
65546
1267
2705
16108
3765
87799
15510
103309
85626

DESERTCREAT PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND
NOTES TO THE AccouKrs
31 December 2023
CHARITABLE AcfiviTIES
Unrestricted
Funds
Restricted
Funds
Total
2023
Total
2022
Income from charitable activities
Fees from weddings and funerals
Fund ra ising events
Membership fees
Grant5
240
1466
104
344
1466
13269
1157
3180
1055
12629
600
6QM)
2946
12733
15679
5392
4. OTHER TRADING ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Total
2023
Totsl
2022
Hall Hire
Trading income
1535
1535
468
1535
1535
468
INVESTMENT INCOME
Unrestrirted
Funds
Restrirted
Funds
Total
2023
Total
2022
Deposit interest
RCB Distri bution
Rents investment properties
Other investment income
1082
1082
4472
172
2636
4472
4472
1082
5554
2808

DESERTCREAT PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
OTHER INCOME
Unrestricted
Funds
Restricted
Funds
Total
Z023
Total
2022
Expenses Contribution
Insurance Claim
Other income
1183
1968
227
1183
1968
227
854
140
3378
3378
994
RAISING FUNDS
Unrestricted
Funds
Restrirted
Funds
Total
2023
Total
2022
FWO envelopes
Fundraising events
CHARITABLE AcfiviTIES
Unrestricted
Funds
Restrirted
Funds
Total
2023
Total
2022
Diocesan Assessments
Ministry and support staff costs
Congregational running expenses
Donations to Missions and charities
49498
1720
45194
49498
1720
45194
1450
46470
1470
53186
1540
1450
96412
1450
97862
102666

DESERTCREAT PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
OTHER EXPENDITURE
Unrestricted
Funds
Restricted
Funds
Total
2023
Total
2022
Investment properties expenses
10. FIXED ASSETS
The congregation owns the Church premises situated at 50 Lower Grange Road, Cookstown, BT80 85L
and the associated fixtures, fittings, plant and machinery.
11. INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation.
2023
2022
Property
Other investments

DESERTCREAT PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS {conVd)
31 December 2023
12. FUND BALANCES
Fund
Balance at
start
Receipts
Payment
Surplus /
(Deficit)
Transfer Balance at
end
Unrestricted Funds
No. l Account
38308
100130
96412
3718
{14501
40576
38308
ICX)130
96412
3718
11450)
40576
Restricted Funds
Fabric Fund Account
No. l Account- Missions/Charities
78456
29325
29325
{1450)
107781
1450
1450
78456
29325
1450
27875
1450
107781
Total
116764
129455
97862
31593
148357