DERRYLORAN PARISH CHURCH. COOKSTOWN CHURCH OF IRELAND
STATEMENT OF FINANCIAL AcfiviTIES
for the year ended 31 December 2023
Note
Unrestricted
Funds
Restrirted
Funds
Total
2023
Total
2022
Receipts
Donations and legacies
Charitable activities
Other trading activities
Investment Income
Other
163604
13960
25118
188722
13960
81J)O
16180
3242
177562
11408
8(X)O
15975
2764
16180
3242
Total Receipts
204986
25118
230104
215709
Payments
Ra ising funds
Charitable activities
Investment costs
Other
1449
177765
1449
195018
1872
206958
17253
100062
100062
246213
Total Payments
279276
17253
296529
455043
Net receipts / (payments)
Transfers between funds
(74290)
85530
7865
185530)
(664251
12393341
Net movement in funds
Funds brought forward
11240
186389
(776651
(4855)
166425)
181534
{2393341
420868
Funds carried forward
li
197629
{82520)
115109
181534

DERRYLORAN PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND
STATEMENT OF ASSEfs AND LIABIUTIES
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
186389
11240
{48551
(776651
181534
(664251
420868
(2393341
Bank and Cash at end of year
197629
182520)
115109
181534
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
30235
167325
69
30235
203264
69
30089
161730
141
35939
233568
191960
Other Assets
Fixed Assets- Note 10
Church Premise5
Fixtures, Fittings & Equipment
Vehicles
Liabilities
Loans
Ulster Bank Loan Account
Other
118459
10426
115109
181534

DERRYLORAN PARISH CHURCH. COOKSTOWN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS
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 incorne 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 (al 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
Unrestrirted
Funds
Restricted
Funds
Total
2023
Total
2022
Recorded giving:
Loose collections
Donations and gifts
Gift Aid
Legacies and bequest
118776
2392
15387
27049
25118
143894
2392
15387
27049
142069
2282
7542
25669
163604
25118
188722
177562

DERRYLORAN PARISH CHURCH. COOKSTOWN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
CHARITABLE AcfiviTIES
Unrestricted
Funds
Restrirted
Funds
Total
2023
Total
2022
Income from charitable activitie5
Fees from weddings and funerals
Fundraising events
Membership fees
Grants & VAT Refunds
6268
400
6092
6268
4CMJ
6092
2542
550
4860
1200
1200
3456
13960
13960
11408
4. OTHER TRADING AcfiviTIES
Unrestricted
Funds
Restrirted
Funds
Total
2023
Total
2022
Rental Income
Sale of Property
81J)O
8000
8000
8CM)O
8000
INVESTMENT INCOME
Unrestrirted
Funds
Restricted
Funds
Total
2023
Total
2022
Deposit interest
Income from Endowments & Invest.
Rental Properties
Other investment income
150
7630
150
7630
8400
92
7483
16180
16180
15975

DERRYLORAN PARISH CHURCH. COOKSTOWN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
OTHER INCOME
Unrestrirted
Funds
Restrirted
Funds
Total
2023
Total
2022
Magazines
Heat & Light Contribution
Other income
218
2750
274
218
2750
274
234
1525
1005
3242
3242
2764
RAISING FUNDS
Unrestricted
Funds
Restricted
Funds
Total
2023
Total
2022
FWO envelopes
1449
1449
1872
1449
1449
1872
CHARITABLE AcfiviTIES
Unrestrirted
Funds
Restricted
Funds
Total
2023
Total
2022
Diocesan Assessments
Ministry and support staff costs
Congregational running expenses
Donations to Missions and charities
121841
11267
44657
121841
11267
57028
4882
113759
10706
75532
6961
12371
4882
177765
17253
195018
206958

DERRYLORAN PARISH CHURCH, COOKSTOWN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
OTHER EXPENDITURE
Unrestricted
Funds
Restrirted
Funds
Total
2023
Total
2022
Rental properties expenses
Church & Buildings Renovation
Expenses
IC￿062
ItKI062
246213
IIY)062
100062
246213
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 2023
11. FUND BALANCES
Fund
Balance at
start
Receipts
Payment
Surplus /
(Deficit)
Transfer Balance at
end
Unrestricted Funds
No. l Account
Affiliated Organisation
173433
12956
199928
5058
277261
2015
1773331
3043
87100
11570)
183200
14429
186389
204986
279276
1742901
85530
197629
Restrlrted Funds
No. l Account- Mission51Charities
Building Fund
4882
12371
(4882)
12747
4882
{90412)
{4855}
25118
182520)
(48551
25118
17253
7865
(855301
{82520}
Total
181534
230104
296529
166425)
115109