RAVENHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) FOR THE YEAR ENDED 31 DECEMBER 2023
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | 2023 | 2022 | ||
| £ | £ | £ | £ | ||
| Note | |||||
| RECEIPTS | |||||
| Donations and Legacies | 2 | 121,876 |
11,907 | 133,783 | 104,104 |
| Charitable Activities | 3 | 43,813 | 22,582 |
66,395 | 37,959 |
| Investment Income |
4 | 1,363 | 1 | 1,364 | 925 |
| TOTAL RECEIPTS | 167,052 | 34,490 | 201,542 | 142,988 | |
| PAYMENTS | |||||
| Raising Funds |
5 | 420 | 0 | 420 | 419 |
| Charitable Activities |
6 | 128,059 | 42,765 | 170,824 | 156,376 |
| Governance Costs | 0 | 0 | 0 | 0 | |
| TOTAL PAYMENTS | 128,479 | 42,765 | 171,244 | 156,795 | |
| Net Receipts / (payments) | 38,573 | (8275) | 30,298 | (13,807) | |
| Transfer between funds | 0 | 0 | |||
| Funds brought forward | 115,277 | 28,930 | 144,207 | 158,014 | |
| Funds carried forward | 153,850 | 20,655 | 174,505 | 144,207 |
RAVENHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2023
| Unrestricted Restricted Funds Funds £ £ FUNDS RECONCILIATION Cash at bank 31/12/2022 115,277 28,930 Surplus/(Deficit) this year end 38,573 (8,275) Cash at bank 31/12/2023 153,850 20,655 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 LIABILITIES None |
Total Total 2023 2022 £ £ 144,207 174,505 137,447 107,761 37,058 36,446 0 0 ___ 174,505 144,207 6,355,000 5,958,000 500,000 472,000 800,000 700,000 2,500 2,500 ___ 7,657,500 7,132,500 23,456 23,073 |
|---|---|
Approved by the Kirk Session at a meeting on 6[th] June 2024 and signed on its behalf by
| Denis Marriott | Clerk 06/06/2024 |
|---|---|
| John Patterson | Hon. Secretary 06/06/2024 |
RAVENHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS 31 DECEMBER 2023
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 | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Recorded Giving | 91,559 | 9,291 | 100,850 | 82,970 |
| Loose Offerings | 2,771 | 0 | 2,771 | 2,750 |
| Donations | 4,270 | 0 | 4,270 | 3,013 |
| Gift Aid | 12,384 | 2,616 | 15,000 | 14,371 |
| Bequests | 10,892 | 0 | 10,892 | 1000 |
| 133,783 | 104,104 | |||
| 3.CHARITABLE ACTIVITIES | ||||
| Unrestricted | Restricted | Total | Total | |
| Funds | Funds | 2023 | 2022 | |
| £ | £ | £ | £ | |
| For Missions/Charities | 0 | 599 | 599 | 935 |
| Other Church Activity | 2,468 | 3,335 | 5,803 | 5,480 |
| BB/GB/Shine/Tots & Co. Activity | 0 |
4,443 | 4,443 | 4,061 |
| PW / WM / Bowls Club Activity | 0 |
2,675 | 2,675 | 4,319 |
| Grants & Insurance Claim | 41345 | 11,530 | 52,875 | 23,164 |
| 66,395 | 37,959 |
4. INVESTMENT INCOME
| Unrestricted Restricted Funds Funds £ £ Deposit Interest 611 0 Current Acct Interest 261 1 General Investment Fund 491 0 |
Total Total 2023 2022 £ £ 611 154 262 261 491 510 1364 925 |
|---|---|
NOTES CONTINUED….
5. RAISING FUNDS
| Unrestricted Restricted Funds Funds £ £ FWO Envelopes 420 0 6.CHARITABLE ACTIVITIES Unrestricted Restricted Funds Funds £ £ PCI Assessments 8,391 0 EB Presbytery Fees 695 0 Ministry & Staff Costs 39,334 0 Congregation Running Costs76,343 23,653 Organisations Running Costs 0 10,704 Donations to Missions/Charity 3,296 8,408 |
Total Total 2023 2022 £ £ 420 419 Total Total 2023 2022 £ £ 8,391 7,342 695 587 39,334 78,487 99,996 49,350 10,704 12,015 11,704 8,595 170,824 156,376 |
|---|---|
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 £ 7,655,000 (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 @ £12.4238 = £ 23,456.13
NOTES CONTINUED….
| 9.FUND BALANCES | ||||
|---|---|---|---|---|
| Balance | Receipts | Payments | Surplus Balance | |
| at start | (Deficit) at end | |||
| £ | £ | £ | £ £ |
|
| General Church Funds | ||||
| Unrestricted | 115,277 | 167,052 | 128,479 | 38,573 153,850 |
| Other Restricted | 6,155 | 17,842 | 22,209 | (4367) 1,788 |
| Repairs & Maintenance | 6,939 | 4,870 | 8,088 | (3218) 3,721 |
| Outreach Fund | 923 | 1 | 489 | (488) 435 |
| Church Organisations | 14,913 | 11,777 | 11,979 | (202)14,711 |