## **RAVENHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND** STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) FOR THE YEAR ENDED 31 DECEMBER 2022 ||Unrestricted|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---| |||Funds|Funds|2022|2021| |||£|
£|£|£| ||Note||||| |**RECEIPTS**|||||| |Donations and Legacies|2|92,311|11,793|
104,104|97,931| |Charitable Activities|3|1,390|36,569|37,959|25,780| |Investment Income
|4|924|1|925|968| |TOTAL RECEIPTS||94,625|48,363|142,988|124,679| |**PAYMENTS**|||||| |Raising Funds
|5|419|0|419|537| |Charitable Activities|6
|121,554|34,822|156,376|121,178| |Governance Costs||0|
0|0|0| |TOTAL PAYMENTS
||121,973|34,822|156,795|121,715| |Net Receipts / (payments)||(27,348)|13,541|(13,807)|2,964| |Transfer between funds|9|10,000|(10,000)|0
|0| |Funds brought forward||132,625|25,389|158,014|155,050| |Funds carried forward||115,277|28,930|144,207|158,014| ## **RAVENHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND** ## STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2022 |Unrestricted Restricted

Funds Funds

£
£

**FUNDS RECONCILIATION**
Cash at bank 31/12/2021132,625 25,389
Surplus/(Deficit) this year end(17,348) 3,541
Cash at bank 31/12/2022(Note 10)115,277 28,930


**BANK & CASH BALANCES**
Bank Current Accounts

Bank Deposit Accounts

Cash in Hand


TOTALS

**OTHER ASSETS**
Fixed Assets
7
Church Premises

Manse

Fixtures, Fittings & Equipment

Vehicles (Minibus)


TOTALS

Investments 8
|Total
Total
2022
2021
£
£
158,014
144,207
107,761 121,720
36,446 36,294
0 0
__________________
144,207 158,014
5,958,000 5,542,000
472,000 438,000
700,000 650,000
2,500 2,500
__________________
7,132,500 6,632,500
23,073 23,976| |---|---| **LIABILITIES** None **Approved by the Kirk Session at a meeting on 12[th] May 2024 and signed on its behalf by** **Denis Marriott Clerk 12[th] May 2024 John Patterson Hon. Secretary 12[th] May 2024** ## **RAVENHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND** NOTES TO THE ACCOUNTS 31 DECEMBER 2022 ## 1. **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. ## 2. **DONATIONS AND LEGACIES** |2.**DONATIONS AND LEGACIES**|2.**DONATIONS AND LEGACIES**|||| |---|---|---|---|---| |Unrestricted||Restricted|Total
|Total| ||Funds|Funds|2022
|2021| ||£|
£|£|£| |Recorded Giving
|74,066|8,904|
82,970|82,518| |Loose Offerings
|2,750|0|2,750|1,857| |Donations
|3,013|0|3,013|1,020| |Gift Aid
|11,482|2,889|14,371|12,536| |Bequests
|1,000|0|1,000|0| ||||104,104|97,931| |3.**CHARITABLE ACTIVITIES**||||| |Unrestricted||Restricted|Total|Total| ||Funds|Funds|2022|2021| ||£|
£|£|£| |For Missions/Charities
|0|935|
935|996| |Other Church Activity
|1,390|4,090|5,480|8,697| |BB/GB/Shine/Tots & Co. Activity0||4,061|4,061|967| |PW / WM / Bowls Club Activity|0|4,319|4,319|2,003| |Grants
|0|23,164|23,164|13,117| ||||37,959|25,780| |4.**INVESTMENT INCOME**||||| |Unrestricted||Restricted|Total|Total| ||Funds|Funds|2022|2021| ||£|
£|£|£| |Deposit Interest
|154|
0|154|201| |Current Acct Interest
|260|1|261|276| |General Investment Fund|510|0|510|491| ||||925|968| NOTES CONTINUED…. ## 5. **RAISING FUNDS** |Unrestricted Restricted

Funds Funds

£
£
FWO Envelopes
419 0

6.**CHARITABLE ACTIVITIES**
Unrestricted Restricted

Funds Funds

£
£
PCI Assessments
7,342 0

EB Presbytery Fees
587 0

Ministry & Staff Costs
78,487 0

Congregation Running Costs33,466 15,884

Organisations Running Costs0 12,015

Donations to Missions/Charity1,672 6,923

|Total Total
2022 2021
£ £
419 537
Total Total
2022 2021
£ £
7,342 6,624
587 613
78,487 70,099
49,350 27,640
12,015 6,261
8,595 9,941
156,376 121,178| |---|---| ## 7. **FIXED ASSETS** The congregation owns the Church premises situated at 244 Ravenhill Road, Belfast and the associated fixtures, fittings, plant and machinery. They also own the Church Manse situated at 15 Orby Grange, Belfast. They have a total insurance value of £ 7,130,000 (Current market value is not known) The congregation own a 15 seater Ford Transit Minibus, with an estimated value of £2,500. ## 8. **INVESTMENTS** The congregation has the following investments. Amounts are shown at market valuation PCI General Investment Fund 1888 Shares @ £12.2209 = £ 23,073.06 NOTES CONTINUED…. ## **9. FUND TRANSFER** In 2020 Ravenhill made an upfront payment from Unrestricted Funds to Young Life International to secure the placement of a worker in the congregation for a period of 5 years. During 2022 a grant of £10,000 was received from the Presbyterian Church in Ireland’s Council for Mission in Ireland towards that upfront payment to Young Life International. As the grant is for a restricted purpose it has been included under Restricted Funds however as the expenditure to which it relates was incurred in 2020 the £10,000 is then transferred from Restricted Funds to Unrestricted Funds. ## 10. **FUND BALANCES** |10.**FUND BALANCES**||||| |---|---|---|---|---| ||Balance|Receipts|Payments|Surplus Balance| ||at start|||(Deficit) at end| ||£|£|£|£
£| |**General Church Funds**||||| |Unrestricted|132,625|104,625|121,973|(17,348) 115,277| |Other Restricted|4,400|18,610|16,855|1755 6,155| |**Repairs & Maintenance**|7,202|5,133|5,396|(263) 6,939| |**Outreach Fund**|978|1|56|(55) 923| |**Church Organisations**|12,809|14,619|12,515|2,10414,913| Total 144,207