DERRYLORAN PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND STATEMENT OF FINANCIAL AcfiviTIES for the year ended 31 December 2022 Note Unrestricted Fund5 Restricted Funds Total 2022 Total 2021 Receipt5 Donations and legacies Charitable activities Other trading activities Investment Income Other 153424 11408 8000 15975 2764 24138 177562 11408 8000 15975 2764 170729 12271 75997 15637 611 Total Receipts 191571 24138 215709 275245 Payments Raising funds Charitable activities Investment costs 1872 199428 1872 206958 1703 170686 7530 Other 246213 246213 700 Total Payments 447513 7530 455043 173089 Net receipts / Ipaymentsl Transfers between funds 1255942) 217537 16608 12175371 12393341 102156 Net movement in funds Funds brought forward 1384051 224794 12009291 196074 1239334} 420868 102156 318712 Funds carried forward li 186389 {48551 181534 420868 DERRYLORAN 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 224794 1384051 196074 12009291 420868 1239334) 318712 102156 Bank and Cash at end of year 186389 148551 181534 420868 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 30089 156159 141 30089 161730 141 38510 394612 158 5571 191960 433280 Other Assets Fixed Assets- Note 10 Church Premises Fixtures, Fittings & Equipment Vehicles Liabilities Loans Ulster Bank Loan Account Other 10426 12412 181534 420868 DERRYLORAN 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 account5 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 (bl 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 2022 Total 2021 Recorded giving: Loose collections Donations and gifts Gift Aid Legacies and bequest 117931 2282 7542 25669 24138 142069 2282 7542 25669 130509 1818 13230 24172 iooo 153424 24138 177562 170729 DERRYLORAN PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND NOTES TO THE ACCOUNTS 31 December 2022 CHARITABLE AcfiviTIES Unrestrirted Fund5 Restricted Funds Total 2022 Total 2021 Income from charitable activities Fees from weddings and funerals Fundraising events Membership fees Grants & VAT Refunds 2542 550 4860 2542 550 4860 1445 400 8701 3456 3456 1725 11408 11408 12271 4. OTHER TRADING AcfiviTIES Unrestricted Funds Restricted Funds Total 2022 Total 2021 Rental Income Sale of Property 8000 8000 8000 67997 8000 8000 75997 INVESTMENT INCOME Unrestricted Funds Restricted Funds Total 2022 Total 2021 Deposit interest Income from Endowments & Invest. Rental Properties Other investment income 92 7483 8400 92 7483 8400 91 7146 8400 15975 15975 15637 DERRYLORAN PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND NOTES TO THE ACCOUNTS (convd) 31 December 2022 OTHER INCOME Unrestricted Funds Restricted Funds Total 2022 Total 2021 Magazines Heat & Light Contribution Other income 234 1525 1005 234 1525 1005 232 200 179 2764 2764 611 RAISING FUNDS Unrestricted Funds Restricted Funds Total 2022 Total 2021 FWO envelopes 1872 1872 1703 1872 1872 1703 CHARITABLE ACTIVITIES Unrestrirted Funds Restrirted Funds Total 2022 Total 2021 Diocesan Assessments Ministry and support staff costs Congregational running expenses Donations to Missions and charities 113759 10706 74963 113759 10706 75532 6961 112654 9544 42148 6340 569 6961 199428 7530 206958 170686 DERRYLORAN PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND NOTES TO THE ACCOUNTS (convd) 31 December 2022 OTHER EXPENDITURE Unrestricted Fund5 Restricted Funds Total 2022 Total 2021 Rental properties expenses Church & Buildings Renovation Expenses 700 246213 246213 246213 246213 700 10. FIXED ASSETS The congregation owns the Church premises situated at Church Street, Cookstown, BT80 8LB and the associated fixtures, fittings, plant and machinery. DERRYLORAN PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 11. FUND BALANCES Fund Balance at start Receipts Payment Surplus / (Deficit) Transfer Balance at end Unrestricted Funds No. l Account Affiliated Organisation 200357 24437 189029 2542 443490 4023 12544611 {14811 227537 iiooooi 173433 12956 224794 191571 447513 12559421 217537 186389 Restricted Funds No. l Account- Missions/Charities Building Fund 6961 569 169611 23569 6961 1224498) 196074 24138 {48551 196074 24138 7530 16608 12175371 148551 Total 420868 215709 455043 12393341 181534