Greenisland Congregation of the Presbyterian Church in Ireland
Receipts & Payments Account for the year ending 31 December 2023
| Note Receipts Donatons & Legacies 2 Charitable Actvites 3 Other Trading Actvites 4 Investment Income 5 Other Income 6 Sale of Fixed Assets Total Receipts Payments Raising Funds 7 Charitable Actvites 8 Investment costs Other Expenditure 9 Total Payments Net Receipts/(Payments) Transfers between funds Net movement in funds Funds brought forward Funds carried forward 10 |
Unrestricted Restricted Total Funds Funds 2023 £ £ £ 141,321 68,873 210,193 5,972 6,912 12,884 560 - 560 1,280 2,528 3,809 31 2,324 2,355 149,163 80,637 229,801 - - 149,163 80,637 229,801 1,600 - 1,600 167,208 37,046 204,254 - - - - 14,521 14,521 168,808 51,567 220,375 - 19,645 29,070 9,426 - 1,210 1,210 - - 20,855 30,280 9,426 131,289 219,701 350,990 110,435 249,981 360,415 |
Total 2022 £ 183,436 10,731 750 564 3,648 |
|---|---|---|
| 199,129 | ||
| - | ||
| 199,129 | ||
| 1,600 174,880 - 14,531 |
||
| 191,011 | ||
| 8,118 - 8,118 342,872 |
||
| 350,990 |
1
Greenisland Congregation of the Presbyterian Church in Ireland
Notes to the Accounts 31 December 2023
1 Accountng Policies
Basis of Financial Statements
As the total income of the congregation is less than £250,000 the congregation have elected in accordance with the provisions in the Charities (Accounts and Reports Regulations) (Northern Ireland) 2015 to prepare its accounts on a receipts and payments basis.
Fund Accountng
Endowment funds are funds, the capital of which must be retained either permanently or at the congregation's discretion; the income derived from the endowment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place.
The congregation at 31 December 2023 has no endowment funds.
Restricted funds comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor and (b) revenue donations or grants for a specific congregational activity intended by the donor.
Unrestricted funds are income funds which are to be spent on the congregation's general purposes. Designated funds are general funds set aside by the congregation for use in the future.
| 2 3 **4 ** |
Donatons & Legacies Loose Collectons Donatons & Gifs Gif Aid Legacies & Bequests Charitable Actvites Income from charitable actvites Fees from weddings and funerals Fundraising events Membership fees Grants Other Trading Actvites Letng of premises |
Unrestricted Restricted Funds Funds £ £ 7,755 107,568 63,649 25,997 5,224 - 141,321 68,873 4,072 - 800 - - - - 3,275 1,100 3,637 5,972 6,912 560 - 560 - |
Unrestricted Restricted Funds Funds £ £ 7,755 107,568 63,649 25,997 5,224 - 141,321 68,873 4,072 - 800 - - - - 3,275 1,100 3,637 5,972 6,912 560 - 560 - |
Total 2023 £ 7,755 171,217 31,221 - 210,193 4,072 800 - 3,275 4,737 12,884 560 560 |
Total 2022 £ 6,198 148,517 28,721 - |
||
|---|---|---|---|---|---|---|---|
| 141,321 |
183,436 | ||||||
| 4,072 800 - - 1,100 |
2,847 500 - 4,090 3,295 |
||||||
| 5,972 |
10,732 | ||||||
| 560 |
750 | ||||||
| 560 |
750 |
2
Greenisland Congregation of the Presbyterian Church in Ireland
Notes to the Accounts 31 December 2023
| 5 6 7 8 **9 ** |
Investment Income Deposit interest Other Income Other Income Raising Funds FWO envelopes Fundraising events Charitable Actvites General Assembly Assessments Presbytery fees Ministry and support staf costs Congregatonal running costs Donatons to missions and charites Governance costs Other Expenditure Other Expenditure |
Unrestricted Restricted Funds Funds £ £ 1,280 2,528 1,280 2,528 31 2,324 31 2,324 1,600 - 1,600 - 22,258 789 78,024 66,137 4,506 - 32,540 - 167,208 37,046 - 14,521 - 14,521 |
Unrestricted Restricted Funds Funds £ £ 1,280 2,528 1,280 2,528 31 2,324 31 2,324 1,600 - 1,600 - 22,258 789 78,024 66,137 4,506 - 32,540 - 167,208 37,046 - 14,521 - 14,521 |
Total 2023 £ 3,809 3,809 2,355 2,355 1,600 - 1,600 22,258 789 78,024 70,643 32,540 - 204,254 14,521 14,521 |
Total 2022 £ 564 |
||
|---|---|---|---|---|---|---|---|
| 1,280 |
564 | ||||||
| 31 |
3,648 | ||||||
| 31 |
3,648 | ||||||
| 1,600 - |
1,600 - |
||||||
| 1,600 |
1,600 | ||||||
| 22,258 789 78,024 66,137 - - |
22,258 759 70,649 55,119 26,096 - |
||||||
| 167,208 |
174,881 | ||||||
| - |
14,532 | ||||||
| - |
14,532 |
3
Greenisland Congregation of the Presbyterian Church in Ireland
Notes to the Accounts 31 December 2023
10 Fund Balances
| Fund Unrestricted Funds General Account Business Reserve Restricted Funds Investment Account Development Maint'ance & Repair United Appeal Benevolent Sundries Presbyterian Women Boys Brigade Total |
Balance Receipts Payments at start £ £ £ 38,207 148,038 168,808 93,082 1,125 - 131,289 149,163 168,808 186,738 22,528 - 5,657 7,955 - 2,912 6,532 4,506 1,800 14,430 13,569 365 - 116 13,672 15,762 17,885 742 1,967 2,533 7,815 11,463 12,959 219,701 80,637 51,567 350,990 229,801 220,375 |
Surplus/ Transfer (Defcit) £ £ - 20,770 - 1,210 1,125 - - 19,645 - 1,210 22,528 ## 8,000 7,955 - 5,000 2,026 861 - 116 - 2,123 - 3,000 - 565 460 - 1,496 750 29,070 1,210 9,425 - |
Balance at end. £ 16,227 94,207 |
|---|---|---|---|
| 110,435 | |||
| 217,267 8,612 4,938 2,661 249 8,549 637 7,069 |
|||
| 249,981 | |||
| 360,415 |
11 Fixed Assets
The congregation owns the church premises situated at 166 Upper Road, Greenisland, Carrickfergus and the associated fixtures, fittings, plant and equipment and the Manse at 168 Upper Road, Greenisland
These have an insurance value of £4,746,254.
4
Greenisland Congregation of the Presbyterian Church in Ireland
Statement of Assets and Liabilities as at 31 December 2023
| Unrestricted Funds £ Funds Reconciliaton Bank & Cash at start of year 131,289 Net movement in funds - 20,855 Bank & Cash at end of year 110,435 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand Other Assets Fixed Assets - Note 11 Church Premises including fxtures, ftngs and equipment Church Manse Liabilites Loans Other |
Restricted Funds £ 219,701 30,280 249,981 |
Total Funds 2023 £ 350,990 9,426 360,415 311,474 48,941 - 360,415 4,257,895 488,359 4,746,254 - - - |
Total Funds 2022 £ 342,872 8,118 |
|---|---|---|---|
| 350,990 | |||
| 279,821 71,169 - 350,990 |
|||
| 3,591,005 427,691 4,018,696 |
|||
| - - |
|||
| - |
Approved by the Kirk Session at a meeting on 29 January 2024 and signed on its behalf by
David Cromie Joan Page 29 January 2024 29 January 2024