Charity No: NIC104815
Tassagh Congregation
of the
Presbyterian Church in Ireland
Trustees Report
and
Receipts and Payments Account
for the year ended 31 December 2023

Tassagh ConEregation of the Pre5byteflan Church In Ireland
Statement of Recelpts and Payments- Year Ended 31 December 2023
Note
Unrestricted
Fund5
Restritted
Funds
Emdowment
Funds
Total
2023
Total
2022
Recelpts
Donations & legacies
Charitable Actlvities
Other trddingactivitles
Inve5lfflent income
Otherincome
31,049
600
380
118
600
3.451
34,SLIg
6(Xl
380
799
3,782
40,694
300
330
138
2,785
681
3,182
TDtsI Receipts
32,747
7,314
40,061
44.247
Payments
Raisin8Funds
Charitable Actlvlties
23.661
4,558
28.219
26,418
Total Payments
23,661
4.558
28,219
26,418
Net Receipt5 IPayrnents
GaiTrs/losse5
Transfers net
2.756
11,842
17,829
11.9401
1.940
Net rnovemertt in funds
7,146
4,696
11.842
17.829
Fund5 broughtforwardOIJHnuary 2023
42,529
65,120
107,649
89,820
Dedurtnon ca5hlbank Felated Endow Fund5
Fund5 oriled forward 31 Oecembar 2023
49,675
69,816
119,491
107.649

Ta55agh Congregatlon of the Presbyterian Church in Ireland
ststement of Receipt5 and Payments- Year Ended 31 December 2023
Unrestrirted
Funds
Restricted
Funds
Endowment
FuRds
Totsl
2023
Total
2022
Funds Rèconcifiatbn
8ankand cash at start of year
42,529
65.120
107,649
89.820
Netmovemeht In funds
7,146
4￿96
11.842
17A29
Bank & cash at endof year
49,675
69.816
119.491
107,649
Baxk & Cash Bafan¢es
B3nk DEpositAccounts
Bank CurrentAcwunts
65,672
53A19
60,459
47,lYO
Total
119,491
107,649
Memorandum Note Only
Endovmient Funds
standard Chartered
Equity
1,440
622
7.504
8,126
9,623
rimed Assets
Thefollowin8assets are retained bythechafityforlts own useand a￿ stated at tnsuredval
Chvrch. Church Hall and Contents
Land
1,46E,751
60,CQO
1,526,751
1.266,953
1.326,953
Appmed ty thetrustees Dn
and slgned on it5beh31f by:
Trusree
Tiustee
Date..
Date:

T•S￿Eh Congregation of the Presbyterian Church in Ireland
Note5 to the A￿O￿ntS- Year Ended 31 December 2023
ACCOUNTING POLICIES
BASIS OF FINANCIALSTATEMENTS
Asthe totsl income of the con8reeation 15 less than £250,000 thecon8regation have electeif in acCo￿an¢e with the provision5 In Thecharltles (Attounts and
Reports Regulatlons (Northern Ireland) 2015 to prepare its accountson a ￿e(pts 3nd payments ba51S.
FUNDACCOUNTING
Ertdowrnent lund5 are funds. the capital of whith rnu5t be retained ei¢herpermanentJy or ai the COngre￿tIOn,5 discrellon,. the in¢omederivedfrom the endowment
15 to be vsed eltheras restritted or unrestricted incgme lund5 dependlng upon the purpose forwhlch the endowmentwas established inthefiist place.
Restricted funds comprfse lal income Irorn endowmeTrts whlth is to be expènded only on the restricred purposes Intended bythe donor and Ibl revenuEdonarlons
or8rants for a specifitcongre8ational activity intended by thedonor. Wherethesefunds have unspènt balajxes, Interest on their pooled imie5tment Is apportioned
to the IndSvidval funds on an average balan￿ basis.
Unrestrfctedlunds are incomefundswhlch arèto be 5penton thecon8iegat4on'$ general purposes.
DÈsignated funds are 8eneral ftmds set 351de bythe con￿KdtIOn foruse in thefuture.
RECEIPTS
2. DONATIONS & LEGACIES
Unrestrltted
Funds
Restrltted
Funds
Endowrnent
Funds
Total
2023
Lo05e collertlons
Donatlons & lifts
Glft Ald
legaciè5 & bequest
552
30.303
552
34,754
3,451
194
194
31.049
3,451
34,500
3. CHARifABLEAcfiviTIES
unrest￿tted
Fund5
Restrfcted
Funds
Endtswment
Funds
Totsl
2023
Income from charitable artlvity& fvndralslng
Membership Fees
Grants
600
600
4. OTHER TrADING AcnviTIES
Unrestiirted
Funds
Restrtcted
Funds
Endowment
Funds
Total
2023
PremSses Rent
380
380
S. INVESTMENTINCOME
380
Unrestrirted
Fund5
Restrlcted
Funds
Endowment
Funds
Total
2023
Bank Interest
118
681
799
118
681
799

Tassagh Congregatlon of tho Pre5byterlan Church In Ireland
Notes to the Arcounts- Year Ended 31 December 2023
& OTHER INCOME
Un￿trt(ted
Funds
Restrlctad
Fund5
Endowment
Funds
Total
2023
Grave Fees
Cladymore-share otexpenses
Other- M3eazlnes
Other- Income Bond
600
2,811
2,811
28C*
91
91
3,182
3,782
PAYMEfiTS
7. RAISING FUNDS
Unrestrfcted
Funds
Restricted
Funds
Endowment
Funds
Totsl
2023
RalwnBfunds
& CHARITABLE AcrivttES
Unrestricted
Funds
Restricted
Funds
Endowment
Fund5
Totsl
2023
Gerteral Assembly
Presbytery Fees
Mlnistryand Supportstaff
Rursning Costs
Dl￿3￿0[15
Other- Magazines
Govemance Cost
2,624
318
3.320
16.355
90
2,624
318
3320
16,873
518
3,760
280
954
954
4,558
28,219
Memor4nduTh only entrie5
9. FUND BALANCES
Balan
at start
Recelpts
Payments
Surplus1
IDeflcttF
Trènsfers
Balance
atend
Uniestrl¢ted F&nds
Generdl
42,529
32,747
23,661
11,9401
49,675
42,S29
32,747
23,661
9,086
159401
49,675
Restrlttèd Funds
pw
Manse
MO0￿ Mernortal Fund
W&V Pollock
SutMlayScho
Buildlng Fund
SumrnitAlc{Old War Stock)
SummitA/c IBeouest51
Uniteil Appeal
Pfesbytedan Chlldren'5 Society
EchoM*s510nS
Widerwortd
Presbyteriaft Herald
Newry HDSPTrCÈ
122
2,980
31.077
1,759
4,539
14,293
28
118)
l962
3Z2
2.962
322
18
S,942
31.399
1,777
4,050
489
14891
L795
1,795
68
6,152
4,314
4.266
1,225
460
3.165
460
113401
1,940
42
238
136
42
238
136
65,120
7.314
4,558
2,756
1,940
69,816
Yo￿1 Funds
107,649
40.061
28,219
11,842
119.491

lementar
Pa
es
The additional information provided on the following pages does not form part of the
congregation's independently examined Church Accounts. The figures shown have
however been incorporated into the accounts on which the congregation's examiner has
given their report.