Charity No: NIC104815 Tassagh Congregation of the Presbyterian Church in Ireland Trustee Report and Receipts and Payments Account for the year ended 31 December 2022
Tas5agh Congregation of the Presbyterian Church in Ireland Statement of Receipts and Payments- Year Ended 31 December 2022 Note Unrestricted Funds RestflCt2d Fund5 Endowment Funds Total 2022 Tot31 2021 Recelpts Donatlons & Legacles Charltable Activitie5 Othertradlng 3cilvliles Investment Income Other income 35,965 4.729 3[ 40.694 30D 330 138 2,785 38,038 330 89 330 109 25 49 2,785 Total Receipts 36.384 7,863 44.247 38,502 Payments Raising Funds tharitsble Actlvl¢les 20.S41 5,877 26,418 30.910 Total Payments 20.541 5,877 26.418 30,910 Net Recelpts / Payment5 Gains/los5es Transfers net 15,843 1,986 17,829 7,592 11,7001 1,7LK) Net rnovement In funds 14.143 3,686 17,829 7,592 f vnds brought forward 01 JJnuary 2022 28,38G Gl.434 89,820 82.22B Deduct non cash/bank related Endow Funds Funds carrled forward 31 December 2022 42.529 65,120 107.649 89.820
Tassagh Congregation of the Presbyterlan Church In Ireland Statement of Receipts and Payments- Year Ended 31 December 2022 Unrestrlcted Funds Re5trlrted Funds Endowment Funds Total 2022 Totsl 2021 Funds Rèconclllatlon Bank and cash at start of year 28,386 61,434 89,820 82,228 Net movement In funds 14,143 17,829 7,592 Bank & cash at end of year 42,529 65.120 107,649 89,820 Bank & Cash Balances Bank Deposlt Accounts Bank CurrentAccounts 60.459 47,19J 56,362 33,458 Total 107,649 89,820 Memorandum Note Only Endowment FLrnds standard Chartered Equlty 622 7,504 8,126 1.201 8.176 9.377 Flxed Assets The fo15owlngas5ets are retalned by the Charlty for Its own use and are stated at Insured values.. Church. Church Hall and Content5 Land 1,266,953 60,000 1,326.953 1.266,953 60,000 1.326.953 Approved by the tru5tee5 on 0510512023 and $18ned on Its behalf by: Date.. 0510512023 Date.. 0510512023
Tassagh Congregatlon of the Presbyterian Church in Ireland Notes to the Accounts- Year Ended 31 December 2022 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS .As the total Income of the congregarion Is less than £250,000 the congregatlon have elected In accordance wlth the prov151ons In The Charltles (Accounts and Report5 Regulatlons (Northern Irelandl 2015 to prere its accounts on a recelpt5 and payments basls. FUND ACCOUNTING Endowment funds are funds. the capltal of whlch must be retalned elther permanently or at the congregation's dlscretion; the Incorne derlved from the endowment Is to be used elther as restrlcted or unrestrlaeé Income funds dependlng upon the purpose for whlch the endowment was establlshed In the flr5t place. Restrlcted funds comprlse lal Incorne frorn endowments whlch Is to be expended only on the restrlrted purposes Intended by the donor and Ibl revenue donatlons or grants for a speclfic congregatlonal actlvlty Intended bythe donor. Where these funds have unspent balances, Interest on thelr pooled Investment Is apportroned to thè Indlvldual funds on an average balance bas15. Unre5trlcted funds are Income funds whlch are to be spent on the congregatlon's general purposes. Deslgnated funds are general funds set aslde bythe congregatlon for use In the fthure. RECEIPTS 2. DQNATION5 & LEGACIES Unrestflcted Funds Re5trlcted Funds Endowment Funds Total 2022 loose collertlon5 Oonatlons & 8lfts Glft Ald Le8acles & bequest 212 29,214 6,350 189 17 4,215 497 229 33,419 6,847 189 35.965 4,729 40.694 . CHARITABLE A1VITIEs Unrestrlcted Funds Restrlcted Funds Endowrnert Fund5 Total 2022 Income from charltable 3ctlvlty & fundralslTr8 Membershlp Fees Grants 300 3(X) 300 3QD 4. OTHER TRADING ACnVITIES Unrestrlcted Fund5 Restricted Fund5 Endowment Funds Total 2022 Premlses Rent 330 330 330 330 5. INVESTMENT INCOME Unre5tr]cted Funds Re5trlcted Funds Endowment Funds Totsl 2022 Bank Interest 89 49 138 89 49 138
Tassagh Congregation of the Presbyterlan Church in Ireland Note5 to the Account5- Year Ended 31 December 2022 G. OTHER INCOME Unrestrfcted Funds RestrScted Fund5 Endowrnent Funds Total 2022 Grdve Fees Cladymore- Share ol Expenses other- Masaiines Other- Ineorne Bond 2,503 258 24 2.503 258 24 2,785 2.785 PAYMENT5 7. RAISING FUNDS Unresiricted Fun(Js Restrlcted Funds Endowrnent Funds Total 2022 Ra15ing funds 8. CHARITABLE ACTIVITES Unrestrlcted Funds Restritted Funcls Endowment Funds Total 2022 General Assembly Presbytery Fees Mlnistry and Support Staff Runnlng Costs Donatlons Other- MalIneS Governance C05t 2.819 293 2.7(X) 13.775 2.819 293 2,700 14,511 4,883 736 4.883 258 954 9541 20,541 5,877 26,418 Memorandum only tntrle5 9. FUND BALANCE5 Ba13nce at Sta Retelpt5 Payments Surplusl (Deflcltl Tran5fer5 nett 8alance at end Unrestrlcted Funds General 28,386 36.384 20.541 15.843 42.529 28.386 36,384 20,541 15.843 1,70DI 42.529 Restrlcted Funds pw Manse Moore Memorial Fund W&V Pollock Sunday School Bullding Fund Summlt Alc Iold War Stock) Summlt A/c18eque5t51 Unlted Appeal Presbyterlan Chlldren'5 Society Echo M155lons Wlder World Pre5byterlan Herald Ukraine Appeal 145 453 31.051 1,757 4,927 12,761 6,078 4,262 108 2,527 26 131 122 2,980 31,077 1,759 4,539 14,293 6,084 4.266 2.527 26 317 1,532 705 13881 1,532 1.640 295 3,280 35S 11,6401 1,640 60 42 216 1,148 42 216 1,148 61,434 7.863 5.877 1,986 1.7CQ 65,120 Total Funds 89,820 44,247 26,418 1?.829 107.649