## **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|<br> 121,876|11,907|133,783|104,104|
|Charitable Activities|3|43,813|<br>22,582|66,395|37,959|
|Investment Income<br>|4|1,363|1|1,364|925|
|TOTAL RECEIPTS||167,052|34,490|201,542|142,988|
|**PAYMENTS**||||||
|Raising Funds<br>|5|420|0|420|419|
|Charitable Activities<br>|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<br>Funds<br>Funds<br>£<br>£<br>**FUNDS RECONCILIATION**<br>Cash at bank  31/12/2022<br> 115,277<br>28,930<br>Surplus/(Deficit) this year end<br> 38,573     (8,275)<br>Cash at bank  31/12/2023<br> 153,850<br>20,655<br>**BANK & CASH BALANCES**<br>Bank Current Accounts<br>Bank Deposit Accounts<br>Cash in Hand<br> <br>TOTALS<br>**OTHER ASSETS**<br>Fixed Assets<br>7<br>Church Premises<br> <br>Manse<br>Fixtures, Fittings & Equipment<br>Vehicles (Minibus)<br> <br>TOTALS<br> <br>Investments       8<br>**LIABILITIES**<br>None|Total<br>Total<br>2023<br>2022<br>£<br>£<br>144,207<br>174,505<br>137,447<br>107,761<br>37,058<br>36,446<br>0<br>0<br>__________________<br> 174,505       144,207<br>6,355,000    5,958,000<br>500,000<br>472,000<br>800,000    700,000<br>2,500<br>2,500<br>__________________<br> 7,657,500  7,132,500<br>23,456<br>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|<br>935|
|Other Church Activity|2,468|3,335|5,803|5,480|
|BB/GB/Shine/Tots & Co. Activity|<br> 0|4,443|4,443|4,061|
|PW / WM / Bowls Club Activity|<br> 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<br> <br>Funds<br>Funds<br> <br>£<br>£<br>Deposit Interest<br> 611<br>0<br> <br>Current Acct Interest<br> 261<br>1<br>General Investment Fund<br> 491<br>0<br>|Total<br>Total<br>2023<br>2022<br>£<br>£<br>611<br>154<br>262<br>261<br>491<br> 510<br>1364<br>925|
|---|---|



NOTES CONTINUED…. 



## 5. **RAISING FUNDS** 

|Unrestricted Restricted<br>Funds<br>Funds<br>£<br>£<br>FWO Envelopes<br> 420<br>0<br>6.**CHARITABLE ACTIVITIES**<br>Unrestricted Restricted<br>Funds<br>Funds<br>£<br>£<br>PCI Assessments<br> 8,391<br>0<br>EB Presbytery Fees<br> 695<br>0<br>Ministry & Staff Costs<br> 39,334<br>0<br>Congregation Running Costs76,343     23,653<br>Organisations Running Costs<br> 0    10,704<br>Donations to Missions/Charity<br> 3,296<br>8,408|Total<br>Total<br>2023<br>2022<br>£<br>£<br>420<br>419<br>Total<br>Total<br>2023<br>2022<br>£<br>£<br>8,391<br>7,342<br>695<br>587<br>39,334<br>78,487<br>99,996<br>49,350<br>10,704<br>12,015<br>11,704<br>8,595<br>170,824<br>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|
||£|£|£|£<br>£|
|**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|