ST. COLMAN'S PARISH CHURCH, ARDBOE CHURCH OF IRELAND
STATEMENT OF FINANCIAL A￿1VITy (Receipts and Payments Account)
for the year ended 31 December 2023
Note
Unrestricted
Funds
Restricted
Funds
Total
2023
Totsl
2022
Receipts
Donations and legacies
Charita ble activities
Other trading activities
Investment Income
Other
16359
1200
2077
224
22
16359
6520
2077
224
424
15541
53064
2077
61
152
5320
402
Total Receipts
19882
5722
25604
70895
Payments
Raising funds
Charitable activities
Investment costs
Other
16654
6246
22900
74140
Total Payments
16654
6246
22900
74140
Net receipts / (payments)
Transfers between funds
3228
(1183)
{524)
1183
2704
(3245)
Net movement in funds
Funds brought forward
2045
37889
659
966
2704
38855
{3245)
421(J)
Funds carried forward
li
39934
1625
41559
38855

ST. COLMAN'S PARISH CHURCH. ARDBOE CHURCH OF IRELAND
STATEMENT OF ASSEfs 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
37889
2045
966
659
38855
2704
421(M)
{3245)
Bank and Cash at end of year
39934
1625
41559
38855
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
16801
23133
16801
24758
3712
35143
1625
41559
38855
Other Assets
Fixed Assets- Note 10
Church Premises
Fixtures, Fittings & Equipment
Vehicles
Investments- Note 11
Gift Aid receivable on donations
Liabilities
Loans
Other

ST. COLMAN'S PARISH CHURCH. ARDBOE 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 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 (al income from endowments which is to be expended only on the restricted
purposes intended by the donor and {b) 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
Restrirted
Funds
Total
2023
Total
2022
Recorded giving: FWO
Loose collections
Donations and gifts
Gift Aid
Legacies and bequest
8891
2494
2092
2882
8891
2494
2092
2882
8947
2095
1831
2668
16359
16359
15541

ST. COLMAN'S PARISH CHURCH. ARDBOE CHURCH OF IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
CHARITABLE AcfiviTIES
Unrestricted
Funds
Restricted
Funds
Total
2023
Total
2022
Income from charitable activities
Grants
2776
1200
5320
6520
50288
12CMJ
5320
6520
53064
4. OTHER TRADING ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Total
2023
Total
2022
Land Letti ngs
Farm Income
1692
385
1692
385
1692
385
2077
2077
2077
INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Total
2023
Total
2022
Deposit interest
RCB Income
Bank Interest
47
47
32
169
169
20
224
224
61

ST. COLMAN'S PARISH CHURCH. ARDBOE 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
22
22
402
52
loo
402
22
402
424
152
RAISING FUNDS
Unrestrlcted
Funds
Restricted
Funds
Total
2023
Total
2022
FWO envelopes
Fundra ising events
CHARITABLE ACTIVITIES
Unrestrirted
Funds
Restricted
Funds
Total
2023
Total
2022
Diocesan Assessments
Ministry and support Staff costs
Congregational running expenses
Donations to Missions and charities
10896
1490
4268
10896
1490
8929
1585
10156
1065
61586
1333
4661
1585
16654
6246
22900
74140

ST. COLMAN'S PARISH CHURCH, ARDBOE CHURCH OF IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
OTHER EXPENDITURE
Unrestrirted
Funds
Restricted
Funds
Total
2023
Total
2022
Investment properties expenses
10. FIXED ASSETS
The congre8ation owns the Church premises situated at 207 Ballymaguire Road, Dungannon, BT715AY
and the associated fixtures, fittings, plant and machinery.

ST. COLMAN'S PARISH CHURCH, ARDBOE CHURCH IN 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
37889
19882
16654
3228
111831
39934
37889
19882
16654
3228
(11831
39934
Restricted Funds
Community Group Account
No. l Account- Missions/Charities
966
5722
4661
1585
1061
11585)
1402}
1585
1625
966
5722
6246
15241
1183
1625
Total
38855
25604
22900
2704
41559