WHrrEHEAD PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
STATEMENT OF HNANCIAL ACTIVITY IReeeipts and Payments Accaunt>
for the year ended 31 December 2023
Income and endowments from:
Donations and legacies
Charitable activities
Other trading activtties
Investrnents
Other
72.516
24.810
3.418
3,986
9.836
97.326
3.418
3.986
10292
100,656
3,931
4,109
2,927
247
Total
72,725
42.050
247
115.022
114,400
Expenditure on:
Raising Funds
Charitable activities
Other
436
42.377
416
69,451 ,
40,409
82.786
Total
40,409
42,813
83222
6g.867
Net income l (expenditure)
TransFers between funds
Net mov8ment of funds
32.317
763
6,292
5.528
247
247
31 BOO
45.00
31.755
44,534
26,227
44,534
Reconciliation of funds:
Total funds brought forviard
Total funds carried forward
10
10
60,113
86,339
70,355
75,884
130.468
162,223
85,934
fj30,468

STATEMEKf OF ASS￿5 AND LIABILMES
As at 31 December 2023
1. Fixed Assets
The Congreg*ion owns ChLJrdi premise5 siluaied at 8 King's Road. Whitehead, Carricktergus, BT38 9PU
and ihe assDGiated fixtures, ffttings, pjant and machinery and a Manse sitijated at 70 Riverforde.
Whiiehead, CarricSrfe¥gus. BT38 9TS,
These have an insurance value of £
6,647,425
I Investments
The Congfegation has the tollowing investrnents. Amounts are shown at market valuation.
2023
12.661
2022
11.610
General Investment Fund
Propety
Other Investrnents
12,661
11.610
3. Amounts owed
At the end of the year the lolk)wing amounts were owed trj the congregation.
2023
2,OQ)
2022
2.741
Gift Aid
Other significant iterns
2,000
2,741
4. Cash and bank balances
2023
2022
Deposit Accounts
Current Accounts
Cash Floats
159,389
130.468
159,389
130,468
5. Amounts owed
2023
2022
Loans
Others significant items
Approvecl by the Kirk Session al a meeling on
and signed on its behalf by
l 19 N&vyf4bor
[Name]
IDaie]
IName]
[Dale]

NOTES TO THE ACCOUNTS
31 December 2023
1. ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
As the total income of the congregation is Eess than £250,000. the Congregation have elected.
in accordance with the provision in The Charities Accounts and Reports Regulations
(Northem Ireland} 2015, to prepare rts accounts on a receipts and payments basis.
FUND ACCOUNTING
Endowrnent fun(ts are funds. the capital of which must be retained either permanendy or at the
Corgregation's discretion; the income derived from the endowment is tr) be used either as
rest￿cted or unrestrrtted income funds depending upon the putpose for which the endowment
was established in the first place.
Restricted funds comprise (al income from endowments which is to be expended only on the
restricted purposes intended by the donor and (bl revenuo donation or grants for a specific congreaational
activity intended by the donor. Where these funds have L¢nspent balances, interest on their pooled
investment is apportioned to the individual funds on an average balants basis.
UnEstricled funds are income funds which are to be spent on the congregation's general Pufposes.
Designated fLtnds are general funds set aside by the Congregation for use in the future.
2. DONATIONS AND LEGACIES
Recorded giving
Loose collections
Donations and gifts
Gift Aid
Legacies and bequest
57.074
19.783
76.857
1.779
705
17.985
73,137
705
13.683
16,283
10,791
100,656
72.516
24,810
97.326
3. CHARITABLE ACTIVITIES
Income from charitable attivities
Fees from weddings and funerals
Grants
3.418
3.418
3.418
3.418
4. OTHER TRADING AcTV￿￿lEs
Fundraising events
Letting of premllses
Trading income
411
3.575
411
3.575
291
3.640
3,986
3.986
3,931
5. INVESTMENTS
Deposit interest
General Investment Fund
Property rents
Other investment income
157
366
247
9.679
253
257
3,600
247
9.679
9,836
247
10.292
4,109

NOTES TO THE ACCOUNTS
31 December 2023
6. OTHER INCOME
Proceeds on sale of fixed assets
and investments
Insuran￿ claims
Loans received
Other income
1.106
1,822
2.927
7. RAISING FUNDS
WFO envelopes
Fundraising events
436
416
436
436
416
8. CHARITABLE ACTIVITIES
General Assembly Assessments
Presbytery Fees
Ministry and support staff costs
Congregational njnning expenses
Donalions to Missions and Charities
Goveman¢e costs
6,366
743
29,992
28,856
16,828
6.457
743
16,636
29,244
14.570
1.801
69,451
743
25,861
7.438
4.131
21.418
16,828
40,409
42,377
82,786
9. OTHER EXPENDITURE
Investment properties expenses
Other
10. FUND BALANCES
2023
2022
(Ii Unresirleted Funds
General Fund
Cash reserve
81,571
81.571
60.113
60.113
fjl) Restrlcted Fund8
Property l Building fund
Manse Fund
Uniled Appeal fund
General Missions fund
Benevolent Fund
Restricted Congregational funds
Organisalions Funds
48,243
10.308
375
2.405
1,097
5,528
9,860
77,818
44,922
3.147
171
2.337
993
5,453
13.333
70,355
(iii) Endowment IFunds
General Investment Fund
12.661
12.661
11,610
11,610

NOTES TO THE ACCOUNTS
31 December 2023
10. FUND BALANCES
{iv) Reconciliation of movement of funds
Balance at
start
Income
Expend.
Gar,ns I
losses
Balance at
end
Transfer
Unrestricted Funds
General Fund
Cash reseNe
72,725
44,174
28.551
28,551
21,459
7,092
60,113
60,113
81,571
81.571
72,725
44,174
28.$51
Restricted Funds
Propetyl Building fund
Manse Fund
Benevolent Fund
lJnited Appeal fund
General Missions fund
Restricted CongregationaI funds
Organisations Funds
44.922
3,147
993
171
2.337
5,453
13,333
70,355
15.802
10.279
13
6,704
6.587
1,207
3,105
43,698
f 3.280
3.118
2.522
7.161
13
48.243
10,308
1.097
375
2,405
5,528
9,860
77,818
91
6,50CF
7.328
7.475
5,874
43,575
741
6.268
2.768
123
809
6.343
704
7,339.05
Endowment Funds
Generai Investment Fund
247
247
247
247
Total
130,468
116,670
87,749
28.674
159,389