ORANGEHELD PRESBYTERIAN CHURCH e•nw•golion •f th• Pr•sbyk•riaD Ch￿￿h In Ir•land STATEMENT OF FINANaALACTMTY forthe ￿ar •nd•d 31 Derember 2￿22 lrnim• and Enthwments from: Donations and legacles Charltable arttvltles 383,147 462,576 98,884 845,723 98.884 78.477 573 743,116 83.923 41.441 Other tradlng adivStles Investments 75,873 573 Oth•r L838 1.838 27.238 Total 461,431 S64,064 1.025.495 896,3 Expendlfvre o Ralslng funds Charfitable actlvtties Other 403,693 73,578 441,140 844,833 73.578 715.663 55.278 Total 477.271 441,140 918,411 rn1,941 Net Intom• / lexwd1￿Y•j 115,8401 122,924 107.084 125.419 Tr•nsfers between funds 215,179 1215,1791 Nrt fflov•m*nt In fvn 199.339 19Z,Z551 107,084 125.419 Reconclllatlon of fvnds: Totsl funds brou8htforward 1405,1471 2,846.837 2,441. 2,316.271 Totsl funds fomrd 20 1205,8081 1754,582 2.548.774 2.441.69) Page 16 ORANGEFIELD PRESBYTERIAN CHURCH ongr•gallon Ol th• Pr￿6y*•￿afi Churth in Ir•l¢# STATEMENT OF HNANCIAL POSITION Asat 31 Dètsmb•r 2022 Flx•d •$￿t￿. Tangible a35ets Investments 12 ij 13,973 2,559,297 I573,270 2,647.833 Tot•1 flx•d •sÉ•ts 13,973 2.559.297 2,573,270 1647.833 Current •xsets DÈbtors Cash at bank and In ￿Thd 14 28,795 22,706 36,243 219,831 39,Sll 258,396 197,125 Total uJrr•nt •ss•ts 51,501 204,573 256.074 297,907 UabllStl•s: Credliors., Amounts falllng due wlthln one year 16 62,416 9.Z88 71,704 116,188 Net curYEnt*sMtsor Il•b511tl• 110,91SI 195,28S 184,370 181,719 Tot•1 l•ss curY•nt Ihbllltl•s Credltors: Arnounts falllng due after more than one year 17 208.866 208,866 387,862 Tot•1 n•t •M•ts or Il•WIItIg1 1205,8081 2,754,$82 2,548.774 2,441,690 Funth ofth• chrfty Restrlcted Incorne fvnds Unrestrkted fvnds 2,754,582 2,754,582 1205,8081 2,846,837 1405.147) 1205,8081 Totsl charttyfvn 1205,8081 1,754,582 2,548.774 2,441.690 Approved by the Klrksesslon at a meetlng on 15th May 2023 and sl¥ned OD its behalf bv Rev Gareih Ma¢Lean Isth May 2￿23 Mrjeremy Dowd 15th May 2023 Py17 ORANGEFIELD PRESJYTERIAN CHURCH a (￿gr•gatIoTh of th• Pr•sbyl•rian Church In Ir•land STATEMENTOFCASHFiOW Ye4rended 31 December 2￿22 Note5 Cash flow fvom 0por•t1￿ •cthltl•s Net IncomellLossl 107.C 125,419 Adlu5tmentlgr. Deprtclatlon of ts￿IblefiXed assèts 74.562 74,562 Chonqes In Trade & othèr dtbtors Trdde & oth•rcr•dltors 3,268 117.4931 14819) IXl.910) Net cash frorn oporatlng actlvStle5 167.421 170252 C•stt fiow Irom Imiestlw •ctlvltl Purchase of tsn8lble ass•ts Net cash from operatln8artfvitles N•t Increase/de¢r*•s* In c•$h & cash equlvalents Cash and cash oqulvalents at be8lnnln¥ gf yeir 167,421 1206,ts21 170,252 1377.wl Cash and c•sh equlvalents at end of ye•r Is 139,4111 I2(￿.832) P•ge 18 ORANGEFIELD PREs8YfERIAN CHURCH wngr•galion of th• Pr•sbyt•ri•n Chur¢h In Ir•land NOTES TO THE ACC¢NJIITS aist D•r•mher2022 ACCOUNnNG POUCIES BASS OF HNANaALSTATEMENTS The finandal statements have been prepared In accord•nc• wlth Accountlng and Reportlng Charities: Stat*mont of Recomrnended Practlce appllcable to tharltles preparfng thelr account5 In attordance wlth Flmndal Réportlng Standard appllcable In the UK and Ireland IFRS1021 leffectlve l Janu4ry 20151. The flnantl)I statements have been prepar*d under the hlstorltal tost conventlon except for Investment assets. thlth are sknwn at market valw. The flnanclal statemerrts IrKlude all transactlons, assèts and Itabllltles for whlth thè tongrtgatlon Is resptsnslble In law. They do not [￿lUde the accounts of church groupst￿t owethelr afflllatlon to another body, nor those thatare Infomial ￿ther1￿$ of churth member FUNDACCOUNnNG Endowment funds are fvnds. the c4pltal of whlch murt be retalned elther permanently or at the congre8atlon's dlstrétlon: the Intome d•rfved from the èndowment 55 to ￿ used elther as restrlrted or unre5trfcted Income fund5 dependlng upon the purpose for whlth the endowment was establlshed the flrst ploc•. Re5tr1cted hjnds comprlse {•) Incpmè from endowments whl¢h Is to be expended only on th• rèstrlrted purposes Intended by the donor and Ibl revenue donatlons or gronts for a speclfic congregatlonal artl¥lty Intended by the donor. Where these funds have unspent bahnces, Interest on their pooled Investment Is apporttoned to the Ind￿Idual funds on an average balance basls. Unre5trlcted fijnds are IrKorne funds whlch •re to be spent on thè coniregatlon's general purposes. Des*nated ftsnd5 are Keneral funds set )slde by the congregatlon for use In the future. Page 19 ORANGEFIELD PRESBYTERIAN CHURCH a tongrè9don of Ihe Pr•sbyt•rfan Chvrch in Ireland NOTES TOTHE ACCOUNTS 31st De￿mber2O22 ACCOUNTING POLICIE¥¢ont'dl INCOMIN6 RESOURCÉS I1•Co￿ttE0￿0f I￿9￿1n8 I￿)Ur¢￿$ These are included In the Statement of Flnanclal Artlvltles ISOFAI when: the congregation becomes entitled to the resource5,' the trustees are vlrtualty certaln they wlll receive the resources: and the monetary value can be measured wlth sufflclent rellably. IKom5nB r•sources wlth rnlatedexpondltur• Where Incomlng resources have related expenditure la5 wlth fundralsln8 Income) the Incomln8 resources and related expendlture are reported gro55 In the SOFA. Gr•brts •nddoftatlons Grants and dtsnatlt)ns are only Included In theSoFA when the congregatlon ha5 uncondltlonal entltlernent to the resources. Tax rachlmson don•tlons and il In¢omln8 resources frorn tax reclalms are Included In the SOFA atthe same tlmt •$ the 81ft to whlch they rel)t•. lvl Contr•ctu•l Incom• •nd p•rforminc• rtithdirnnts Thls Is only Included In the SOFA once the related 8oods or $wvlces have been dellvered. l¥11 61ft3 Sn klnd Gofts In klnd are accounted for at a reasonable estlmate of thelr value to the charlty or the arnount actually reallsed. Glfts In klnd for sale or dlstrlbutlon are included In the accounts as gifts only when sold or d15trlbuted by the charlty where the value Is greater than £2,YXI. Glfts In klnd for use by the chartty are Included In the SOFA as incomlng resources when recelvable. Donbt•d sebViC•S•nd faciltti•s These are only Included In Incomlng resources Iwlth an equivalent amount In resources expended) where the benefit to the charlty Is reasonably quantlflable, measurable Ind rnaterlal. The value placed on these resources Is the estlmated value to the charlty of the serylce or faclllty recelved. 1111 Volurteey help The value of any voluntary help recefved Is not Induded In the accounts but Is descrlbed In the trusteés, annual report, 1151) Investment Ih¢om• Th15 Is Included In the accounts when re¢elvablè, (lvl I￿•Stment1*sn$and loi¥e5 Thls Include5 any Kaln or loss on the sjle of Imitstments and any 8?In or loss resultlng frorn revalulng Investments to market value at the end of theyear. Pa8e 20 ORANGEFIELD PRESBYTERIAN ¢HURCH ngr•galion of th• Pr•sbyl•rlon ¢hur¢h in Ireland NOTES TO THE ACCOUNTS 31st December 2022 ACCOUNTING p￿1clE¥Cont,dj EXPENDITURE AND UABILITIES Liability retognttlon Llabllltles are recD8nised as soon as there Is a legal or tonStrurt￿e obllgatlon commlttlng the cpngregatlon to pay out resources. These are shown withln tharltable actlvltles and Include the costs of prtparatlon and examlnatlon of accounts, the costs of trustee meetin8$ and cost of any le8al advltè th truste￿ on 8overnènte orconstltutlonal matt*rs. I￿[1 Gnnts Twlth pèrforminc• ¢A)ndltEons Where the chaflty Blves a 8rant wlth condltlons for Its payment belng a speclfic level ot servlce or output to be provlded, su¢h 8rants are only reco￿lSed In the SOFA once the reclpltrtrt of the grant has provlded the speclfled servlce or outpuL GrAnts rAy•bh wlthout pèrformarth condltlons These are onty reco8n15ed In the accounts when a commltment ha5 been m4de ond there are no condltlons to be met rel•tlng to the ¢rant whlch rem•ln In the ¢ontToI of th• ch•rlty. SuppDrt costs Support costs Include central functlons and have been allocated t¢ actlvlty cost categorles on a basls conslstent wtth the use of resources, •.g. allocatin8 property costs by floor areas. or percaplto, staff costs by the tlme 5p2nt and other costs by thelr usaie. Tarylbk Flxd *&s¢ts Tangible fixed assets for use by charlty are capltallsed If they can be used for more than one year, and cost at least £2,503. They are valued at cost or, If glfted, at the value to the chadty on recelpt. Depreclallon Is recorded on all tan8lble fl¥ed a55ets other than freehold land, at rates calculated to write of the cost, less estlmated resldual value, of each asset over Its expected usefvl Ilfe as follows. Bulldlngs: Flxture5, fltting5 artd equlpment Motor Vehlcles Computer Equlpment - over 50 years - ¢>ver IOyear5 - over 4years - over 4 yea As the malorlty of flxtures, flttings and equlpment were purchased In 2008 they are deemed to b• of Ilmlied valuè so not Included asTanglbl• Flxed Asse1% It Is not pollcy to c4pitsllse computers and associated hardware. Inv•stments Investments Quoted on • rrfognlsed stock exchan8e are valued at market value at the year end. Other Investment a￿et¥ are Included at trustees, bèst estlmate of market value. Pa8e 21 ORANGEHELD PRESOYTERIAN CXURCH on9r•gali•n of th• Pr•sbyl•riqn Chtlrth In Ir•land t4OTES TOTHE ACCOUIITS Iconvdl 31rt 1)•t•mlJ•r2022 DONATION5 AND LEGAaES Recorded 8tvlni', Loose collertjons Donation5 and 8lfts GIftAld Leydes and bequest 318,023 8.783 4S6 54,885 248.257 566,280 8,783 14L275 93.820 35,565 520.442 6,655 12L128 94.891 140,819 38,935 34,565 383,147 461576 845,n3 743,116 ctr14RITABLE AcnviTIES Membershlp fees Fundralsln8 events GTrnts 42,142 1,226 SS,516 42.142 L226 55,516 28,944 54.979 98,884 83.923 pa￿ 22 QRANGEFIELD PREsDYfERIAN CHURCH ngr•gailon of th• Pr•sbyl•rldn Chur¢h In Ir•lond IIOTES TOTHE ACCOUNTS Iconvdl l•t D•r*mlJ•r 2022 OTHERTRADING ACTIVITIES I 11 Café Othertradln8 Incomp 67,334 8,539 67J34 IL143 39.876 L565 75,873 78.477 41,441 INVESTMEfiTS Deposlt Intsr•st 573 573 642 573 573 642 OThER INCOME I 11 Coronavlrusjob Ret•ntlpn scheme Oth•rlncom• 27.077 161 L83 1.838 1,838 27.238 RAISING FUNDS FWO eftvelopes Fundralsln8 events Page23 ORANGEHELD PRESBYfERIAN CHURCH a wn9r•gqlion of th• Pr•sbyl•Tian Churth in Imluhd NOTES TOTHE ACCOUNTS Icob)Vdl aist D•£•mb•r 2022 CHARITAB￿ AcnvmES General Assembly Asse55rnents Pre$b￿fee$ Mlnlstryand supportstsff costs Con8re8atlonal Tunnln8 èxpenses Donatlons to Mlsslons and charltle5 Depreclatlon of Flxed Assets Governancè tosts-lndudlng audltors remuneratlon Ext*ptlonal costs of charitsble adlvltlès 20,IJ49 889 242.768 113.934 20,677 1996 3,380 26.368 46,417 43.742 927 264,333 149,822 168,289 74,S62 7.588 40,532 103.034 198,640 72,566 283.3 216,968 219,317 74.562 403,693 441,140 844.833 715,663 Audltoys r•mun•rntlon 2022 2021 Fees Payable for the audlt of the financlal st•tements Fee5 payablè to the charlty'$ audltor and Its assoclates forother servkes Othernon-audlt serv1￿5 OTHER EXPENDITURE I￿*Stment propertles expenses ARC 8ank Interest on Loan 64,372 9,206 64,372 47,079 8.199 73,S78 73,578 55.278 EMPLOYEES Employm•nt Co Wages and Salarl•$ SocFal Securlty Costs Penslon contrfbuilofts 284,193 23,810 30,438 236.308 22,744 27.254 338,441 286.3 Page24 ORANGEFIELD PRESBYTERIAN CHURCH t￿gr•gOI•0￿ ol th• Pr•sbyloriah Chur