Westbourne Presbyterian Church NIC 104908 Statement of Receipts and Payments Account for the year ended 31 December 2023
| Receipts | **Notes ** | **Unrestricted ** | Restricted | 2023 | 2022 |
|---|---|---|---|---|---|
| Regular Direct Giving | 1 | 32563 | 32563 | 30802 | |
| Income for General Funds | 1 | 3196 | 3196 | 1534 | |
| HMRC Gift Aid | 1 | 6185 | 6185 | 5573 | |
| Donations | 2 | 5050 | 5050 | ||
| Investment Income | 3 | 40 | 40 | 34 | |
| Renovations & Repairs | 4 | 301 | 301 | 346 | |
| Missions & Appeals | 5 | 2639 | 2639 | 1330 | |
| Other Income | 6 | 987 | 987 | 420 | |
| Total Receipts | 48021 | 2940 | 50961 | 40039 | |
| Payments | 2023 | 2022 | |||
| Central Church Assessments | 7 | 8971 | 8971 | 7981 | |
| Ministry & Support Staff | 8 | 25609 | 25609 | 24364 | |
| Running Costs | 9 | 5640 | 560 | 6200 | 4839 |
| Property & Equipment | |||||
| Utilities | 10 | 3202 | 3202 | 2524 | |
| Insurance | 11 | 2638 | 2638 | 2,573 | |
| Missions & Appeals | |||||
| United Appeal | 12 | 1578 | 1578 | 400 | |
| Other PCI Schemes | 13 | 650 | 650 | 390 | |
| Other Missions | 14 | 675 | 675 | 945 | |
| Total Payments | 46060 | 3463 | 49523 | 44016 | |
| Excess of Receipts over Payments | 1763 | -325 | 1438 | -3977 | |
| 1 Direct Giving | 2023 | 2022 | |||
| Freewill Offering | 32563 | 32563 | 30802 | ||
| Gift Aid | 5400 | 5400 | 5444 | ||
| Loose Collections | 1428 | 1428 | 1534 | ||
| Gift Aid (GASDS) | 384 | 384 | 129 | ||
| Gift Day | 1768 | 1768 | |||
| Gift Aid | 401 | 401 | |||
| 41944 | 41944 | 37909 |
Westbourne Presbyterian Church NIC 104908 Statement of Receipts and Payments Account for the year ended 31 December 2023
| **Unrestricted ** | Restricted | 2023 | 2022 | ||
|---|---|---|---|---|---|
| 2 | Donations | ||||
| 5050 | 5050 | ||||
| 5050 | 5050 | ||||
| 3 | Investment Income | 2023 | 2022 | ||
| Bank Interest | 13 | 13 | 6 | ||
| General Investment Income | 27 | 27 | 28 | ||
| 40 | 40 | 34 | |||
| 4 | Property | 2023 | 2022 | ||
| Renovations & Repairs | 301 | 301 | 346 | ||
| 301 | 301 | 346 | |||
| 5 | Missions & Appeals | 2023 | 2022 | ||
| United Appeal | 1578 | 1578 | 400 | ||
| World Development Fund | 595 | 595 | 300 | ||
| Gift Aid | 55 | 55 | 90 | ||
| Pres Children's Society | 100 | 100 | 80 | ||
| Gift Aid | 18 | 18 | 45 | ||
| Royal British Legion | 293 | 293 | |||
| Moderator's Appeal - Ukraine | 500 | ||||
| BLESMA | 320 | ||||
| 2639 | 2639 | 1735 | |||
| 6 | Other Income | 2023 | 2022 | ||
| Brown Money | 189 | 189 | 70 | ||
| Receipts for Magazines | 198 | 198 | 195 | ||
| Energy Support Scheme | 600 | 600 | |||
| Miscellaneous | 155 | ||||
| 987 | 987 | 420 | |||
| Total Income | 48021 | 3138 | 50961 | 40444 |
Westbourne Presbyterian Church NIC 104908 Statement of Receipts and Payments Account for the year ended 31 December 2023
| **Unrestricted ** | Restricted | 2023 | 2022 | ||
|---|---|---|---|---|---|
| 7 | Central Church Assessments | ||||
| Central Ministry Fund | 909 | 909 | 954 | ||
| Widows Of Minister's Fund | 186 | 186 | 199 | ||
| PCI Pension Scheme | 4246 | 4246 | 4042 | ||
| Incidental Fund | 744 | 744 | 736 | ||
| Prolonged Disability Fund | 186 | 186 | 159 | ||
| Min Development Fund | 83 | 83 | 91 | ||
| Assenbly Bldgs External Work | 413 | 413 | 398 | ||
| Sick Supply | 8 | 8 | 12 | ||
| Students Bursary | 331 | 331 | 378 | ||
| ER NI on Min Allowance | 925 | 925 | 928 | ||
| Apprentice Levy | 88 | 88 | 84 | ||
| Cost of Living Allowance | 252 | 252 | |||
| Covid Repayment | 600 | 600 | |||
| 8971 | 8971 | 7981 | |||
| 8 | Ministry & Support Staff | 2023 | 2022 | ||
| Minister's Stipend | 17688 | 17688 | 16846 | ||
| Minister's EExpenses | 6701 | 6701 | 6382 | ||
| National Insurance | 1220 | 1220 | 1136 | ||
| 25609 | 25609 | 24364 | |||
| 9 | Running Costs | 2023 | 2022 | ||
| Bank Fees | 153 | 153 | 143 | ||
| Advertising/Printing | 229 | 229 | 229 | ||
| Payments for Magazines | 198 | 198 | 195 | ||
| Room Hire | 5208 | 5208 | 3696 | ||
| Presbytery Fees | 362 | 362 | 352 | ||
| Gifts | 205 | ||||
| Miscellaneous | 50 | 50 | 19 | ||
| 6002 | 198 | 6200 | 4839 |
Westbourne Presbyterian Church NIC 104908 Statement of Receipts and Payments Account for the year ended 31 December 2023
| Unrestricted | Unrestricted | Restricted | |||
|---|---|---|---|---|---|
| 10 | Property & Equipment | 2023 | 2023 | ||
| Heat Light & Power | 2655 | 2655 | 2109 | ||
| Telephone | 547 | 547 | 415 | ||
| Insurance | 2638 | 2638 | 2573 | ||
| 5840 | 5840 | 5097 | |||
| 11 | Missions & Appeals | 2023 | 2022 | ||
| United Appeal | 1578 | 1578 | 400 | ||
| World Development | 650 | 650 | 390 | ||
| Pres Children's Society | 118 | 118 | 125 | ||
| Charlene's Project | 157 | 157 | |||
| Scripture Union | 100 | 100 | |||
| Royal British Legion | 300 | 300 | |||
| Moderator's Appeal - Ukraine | 500 | ||||
| BLESMA | 320 | ||||
| 2903 | 2903 | 1735 | |||
| Total Expenditure | 46422 | 3101 | 49523 | 44016 | |
| Balance at Bank 1 January 2023 | 1938 | ||||
| Income over Expenditure | 1438 | ||||
| Balamce at Bank 31 December 2023 | 3376 | ||||
| Bank Accounts at 31 December | 2023 | ||||
| Current Account | 2946 | ||||
| Business Term Deposit 1MF | 430 | ||||
| Balance at Bank 31 December | 3376 |
Westbourne Presbyterian Church NIC 104908
Statement of Assets and Liablities at 31 December 2023
| 2023 | 2022 | |||
|---|---|---|---|---|
| Unrestricted Funds | Restricted Funds | Totals | Totals | |
| Current Assets | ||||
| Bank Balances | -474 | 3850 | 3376 | 1937 |
| Net Current Assets | -474 | 3850 | 3376 | 1937 |
| Current Liabilities | Nil | Nil | Nil | Nil |
Fixed Assets
The Congregation owns the Church premises situated at Newtownards Road, Belfast and the associated furniture, fixtures and fittings - these have an Insurance value of £5 Million.