WHITEHEAD PRESBYTERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
STATEMENT OF FINANCIAL ACTIVITY {Receipts and Payments Account)
for the year ended 310ecember 2022
Income and endowments from:
Donations and legacies
Charitable aclivilie5
Other trading activities
Investments
Other
66,059
34.597
2,777
3,931
3,722
2,927
100,656
2.777
3,931
4,109
2,927
92,194
2,399
2.511
2,434
131
257
Total
66,190
47,953
257
114,400
99,539
Expenditure on:
Raising Funds
Charitable activities
Other
416
45,192
416
69.451
399
92,349
24,259
Total
24,259
45,608
69,867
92,748
Nel income I lexpendilurel
Transfers between funds
Nel movement of funds
41,931
5,806
36,125
2,348
6,062
8,408
257
257
44,534
6,791
44,534
6,791
Reconciliation of funds:
Total funds brought fornard
Tota1 funds carried forward
10
10
23,987
60.113
61,947
70,355
85,934
130,468
79.143
85,934

STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2022
1. Fixed Assets
The Congregation owns Church premises situated al 8 King's Road. Whitehead, Carrickfergus, BT38 9PU
and the associated fixtures, fillings, plant and machinery and a Manse situated at 70 Riverforde,
Whitehead. Carrickfergus. BT38 9TS
These have an insurance value of £
6,183,650
2. Investments
The Congregalion has the following inveslmenls. Amounts are shownal market valuation.
2022
11,610
2021
12,650
General Investment Fund
Property
Other Investments
11,610
12,650
3. Amounts owed
Al the end ol the year the following amounts were owed lo the congregation.
2022
2,741
2021
2,940
400.0
3,340
Gift Aid
Other significant items
2,741
4. Cash and bank balances
2022
2021
Deposit Accounts
Current Accounts
Cash Floats
870
85.064
130,468
130,468
85.934
S. Amounts owed
2022
2021
Loans
Others significant ilems
Approved by the Kirk Session al a meeting on 31 October 2023
and signed on its behalf by
Rev. N Duddy
Dale..
Warren Heggan
Dale..
,1,,12S

NOTES TO THE ACCOUNTS
31 December 2022
1. ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
As the total income of the congregation is less Ihan £250,000. the Congregalion have elected,
in accordance with the provision in The Charities Accounts and Reports Regulations
(Northern Ireland) 2015. to prepare ils accounts on a receipts and payments basis.
FUND ACCOUNTING
Endowment funds are funds, the capital of which musl be retained either permanently or at the
Congfegalion's discretion., the income derived from the endowmenl is to be used either as
reslricled or unreslricled income funds depending upon the purpose for which the endowment
was established in the first place.
Restricted funds comprise lal income from endowments which is lo be expended only on the
reslricled purposes intended by the donor and Ibl revenue donalion or grants for a specific congregational
activity intended by the donor. Where these funds have unspent balances, inleresl on their pooled
investment Is apportioned lo the individual funds on an average balance basis.
Unreslricled funds are income funds which are lo be spent on the congregation's general purposes.
Designated funds are general funds sel aside by the congregation for Ljse in the future.
2. DONATIONS AND LEGACIES
Recorded giving
Loose collections
Donations and gifts
Gift Aid
Legacies and bequest
53,414
445
19,723
73,137
445
73,325
486
3,031
15,351
12,201
4,082
10,791
34,597
16,283
10,791
100,656
66,059
92,194
3. CHARITABLE ACTIVITIES
Income Irom charitable activities
Fees from weddings and funerals
Grants
2,777
2,777
1,409
991
2.399
2,777
2,777
4. OTHER TRADING ACTIVITIES
Fundraising events
Lelling of premises
Trading income
291
3,640
291
3,640
196
2,316
3,931
3.931
2,511
S. INVESTMENTS
Deposit inlerest
Genera1 Investment Fund
Properly rents
Other investment income
131
122
253
257
3.600
187
247
2,000
257
3.600
131
3.722
257
4.109
2,434

NOTES TO THE ACCOUNTS
31 December 2022
6. OTHER INCOME
Proceeds on sale of fixed assets
and investments
Insurance claims
Loans received
Other income
1,106
1,106
1,822
2,927
1 ,822
2,927
7. RAISING FUNDS
WFO envelopes
Fundraising events
416
416
399
416
416
399
8. CHARITABLE ACTIVITIES
General Assembly Assessments
Presbytery Fees
Ministry and support staff costs
Congregational running expenses
Donations to Missions and Charities
Governance cos15
6,457
743
9,988
7.071
S,457
743
16,636
29,244
14.570
1,801
69,451
7,102
743
51.098
21,592
10,045
1.769
92,349
6,649
22,173
14.570
1,801
45,192
24,259
9. OTHER EXPENDITURE
Investment properties expenses
Other
10. FUND BALANCES
2022
2021
lil Unrestricted Funds
General Fund
Cash reserve
60,113
60,113
23,987
23,987
li1} Restricted Funds
Property l Building fund
Manse Fund
United Appeal fund
General Missions fund
Benevolent Fund
Reslricled Congregational funds
Or9anisalions Funds
44,922
3,147
171
2,337
993
S,453
13,333
70,355
42.386
2,047
2,588
870
5,723
8,332
61,947
liiil Endowment Funds
General Investment Fund
11.610
11,610
12,650
12,650

NOTES TO THE ACCOUNTS
31 December 2022
10. FUND BALANCES
{ivl Reconciliation of movement of funds
Balance at
start
Balance at
end
Income
Expend.
Gains I
losses
Transfer
Unrestricted Funds
General Fund
Cash reserve
66,190
24,259
41,931
41.931
36.125
5,806
23,987
23,987
60,113
60,113
66,190
24,259
41,931
Restricted Funds
Property l Building fund
Manse Fund
Benevolent Fund
United Appeal fund
General Missions fund
Reslricled Congregational funds
Organisalions Funds
42,386
2.047
870
20.691
5,422
18,656
4,322
2.035
1,099
500
44,922
3,147
993
171
2,337
5,453
13.333
70,355
122
6,087
7,575
310
7,868
47.953
5.916
8,654
5,594
2,466
45,608
171
1,079
5,283
5.401
2,346
2,588
5,723
8,332
61.947
828
5,013
400
6,082
Endowment Funds
General Investment Fund
257
257
257
257
Tolal
8S,934
114,400
69,867
44.277
130,468