## **STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2023** 

||**Note**|**Unrestricte**|**Restricted**|**Endowmen**|**Total**|**Total**|
|---|---|---|---|---|---|---|
|||**d**|**Funds**|**t**|**2023**|**2022**|
|||**Funds**||**Funds**|||
|||£|£|£|£|£|
|**Receipts**|||||||
|Donations and legacies|2|88,536|48,079|-|136,615|118,141|
|Charitable activities|3|-|13,214|-|13,214|14,365|
|Other trading activities|4|36|1,030|-|1,066|1,163|
|Investment Income|5|759|-|1,698|2,457|1,427|
|Other|6|574|8,652|-|9,226|8,429|
|||----------|----------|----------|----------|----------|
|Sale of Investments||-|-|-|-|-|
|Sale of fixed assets||-|-|-|-|-|
|Loans Received||-|-|-|-|-|
|||----------|----------|----------|----------|----------|
|**Total Receipts**||89,905|70,975|1,698|162,578|143,526|
|||----------|----------|----------|----------|----------|
|**Payments**|||||||
|Raising funds|7|859|183|-|1,042|1,020|
|Charitable activities|8|96,333|35,603|-|131,936|117,250|
|Investment costs||-|-|-|-|-|
|Other|9|414|7,651|-|8,065|8,682|
|||----------|----------|----------|----------|----------|
|Purchase of Investments||-|-|-|-|-|
|Purchase of fixed assets||-|-|-|-|-|
|Loan Repayments||-|-|-|-|-|
|||----------|----------|----------|----------|----------|
|**Total Payments**||97,605|43,437|-|141,043|126,952|
|||----------|----------|----------|----------|----------|
|Net receipts  / (payments)||(7,700)|27,538|1,698|21,536|16,573|
|Transfers between funds||(3,289)|3,289|-|-|-|
|||----------|----------|----------|----------|----------|
|Net movement in funds||(10,989)|30,827|1,698|21,536|16,573|
|Funds brought forward||18,543|83,046|28,836|130,425|113,853|
|||----------|---------|----------|----------|----------|
|Funds carried forward|12|7,554|113,873|30,534|151,961|130,426|
|||======|======|======|======|======|






## **STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2023** 

||**Unrestricte**|**Restricted**|**Endowment**|**Total**|**Total**|
|---|---|---|---|---|---|
||**d Funds**|**Funds**|**Funds**|**Funds**|**Funds**|
|||||**2023**|**2022**|
||£|£|£|£|£|
|**Funds Reconciliation**||||||
|Bank & Cash etc. at start of year|18,543|83,046|28,836|130,425|113,853|
|Net movement in funds|(10,989)|30,827|1,698|21,536|16,573|
||----------|----------|----------|----------|----------|
|Bank & Cash etc. at end of year|7,554|113,873|30,534|151,961|130,426|
||=======|=======|=======|=======|=======|
|**Bank & Cash Balances**||||||
|Bank Deposit Accounts||||||
|Bank Current Account||||21,855|20,066|
|(Unrestricted)<br>Bank Current Account (Restricted)||||52,446|34,542|
|Cash in Hand (Restricted)||||144|174|
|||||----------|----------|
|||||74,445|54,781|
|||||=======|=======|
|**Other Assets**||||||
|Fixed Assets – Note 10||||||
|- Land (Restricted)||||53,099|54,214|
|- Buildings (Restricted)||||||
|Investments – Note 11||||||
|(Endowment)||||30,534|28,835|
|Gift Aid receivable on donations||||||
|||||----------|----------|
|||||83,633|83,049|
|||||=======|=======|
|**Liabilities**||||||
|Loans (Restricted)||||5,000|5,000|
|Creditors (Unrestricted)||||1,118|1,522|
|Creditors (Restricted)|||||882|
|||||----------|----------|
|||||6,118|7,404|
|||||=======|=======|



Approved by the Kirk Session at a meeting on 19[th] May 2024 and signed on its behalf by 


The Revd C M Glover 

Dr R M McMillen 




## **NOTES TO THE ACCOUNTS 31 December 2023** 

## **1. ACCOUNTING 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 ACCOUNTING** 

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. 

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.  Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average balance basis. 

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. DONATIONS AND LEGACIES** 

||**Unrestricte**|**Restricted**|**Endowmen**|**Total**|**Total**|
|---|---|---|---|---|---|
||**d Funds**|**Funds**|**t Funds**|**2023**|**2022**|
||£|£|£|£|£|
|Recorded giving:|61,112|4,238|-|65,350|68,302|
|Loose collections|2,628|133|-|2,760|1,779|
|Donations and gifts|8,520|40,260|-|48,780|27,780|
|Gift Aid|16,276|2,211|-|18,488|20,280|
|Legacies and bequest|-|1,237|-|1,237|-|
||----------|----------|----------|----------|----------|
||88,536|48,079|-|136,615|118,141|
||----------|----------|----------|----------|----------|






## **3. CHARITABLE ACTIVITIES** 

|||**Unrestricte**|**Restricted**|**Endowmen**|**Total**|**Total**|
|---|---|---|---|---|---|---|
|||**d Funds**|**Funds**|**t Funds**|**2023**|**2022**|
|||£|£|£|£|£|
|Income from charitable activities||-|9,555|-|9,555|10,186|
|Fundraising events||-|3,319|-|3,319|4,179|
|Membership fees||-|340|-|340|-|
|||----------|----------|----------|----------|----------|
|||-|13,214|-|13,214|14,365|
|||----------|----------|----------|----------|----------|
|**4.**|**OTHER TRADING ACTIVITIES**||||||
|||**Unrestricte**|**Restricted**|**Endowmen**|**Total**|**Total**|
|||**d Funds**|**Funds**|**t Funds**|**2023**|**2022**|
|||£|£|£|£|£|
|Letting of premises||-|1,010|-|1,010|1,163|
|Trading income||36|20|-|56|-|
|||----------|----------|----------|----------|----------|
|||36|1,030|-|1,066|1,163|
|||----------|----------|----------|----------|----------|
|**5.**|**INVESTMENT INCOME**||||||
|||**Unrestricte**|**Restricted**|**Endowmen**|**Total**|**Total**|
|||**d Funds**|**Funds**|**t Funds**|**2023**|**2022**|
|||£|£|£|£|£|
|Deposit interest||157|-|-|157|136|
|Other investment income||602|-|1,698|2,300|328|
|||----------|----------|----------|----------|----------|
|||759|-|1,698|2,457|464|
|||----------|----------|----------|----------|----------|
|**6.**|**OTHER INCOME**||||||
|||**Unrestricte**|**Restricted**|**Endowmen**|**Total**|**Total**|
|||**d Funds**|**Funds**|**t Funds**|**2023**|**2022**|
|||£|£|£|£|£|
|Insurance Claims||-|-|-|-|410|
|Organisations||-|8,000|-|8,000|7,524|
|Other income||574|652|-|1,226|495|
|||----------|----------|----------|----------|----------|
|||574|8,652|-|9,226|8,429|
|||----------|----------|----------|----------|----------|






## **7. RAISING FUNDS** 

||**Unrestricte**|**Restricted**|**Endowmen**|**Total**|**Total**|
|---|---|---|---|---|---|
||**d Funds**|**Funds**|**t Funds**|**2023**|**2022**|
||£|£|£|£|£|
|FWO envelopes|859|-|-|859|795|
|Fundraising events|-|183|-|183|225|
||----------|----------|----------|----------|----------|
||859|183|-|1,042|1,020|
||----------|----------|----------|----------|----------|
|**.**<br>**CHARITABLE ACTIVITIES**||||||
||**Unrestricte**|**Restricted**|**Endowmen**|**Total**|**Total**|
||**d Funds**|**Funds**|**t Funds**|**2023**|**2022**|
||£|£|£|£|£|
|General Assembly Assessments|23,809|-|-|23,809|22,183|
|Presbytery fees|1,464|-|-|1,464|1,451|
|Ministry and support staff costs|55,395|-|-|55,395|52,349|
|Congregational running expenses|1,523|6,614|-|8,137|7,826|
|Donations to Missions and||||||
|charities|10,301|13,805|-|24,106|13,902|
|Governance costs|3,841|15,185|-|19,025|19,540|
||----------|----------|----------|----------|----------|
||96,333|35,603|-|131,936|117,250|
||----------|----------|----------|----------|----------|
|**.**<br>**OTHER EXPENDITURE**||||||
||**Unrestricte**|**Restricted**|**Endowmen**|**Total**|**Total**|
||**d Funds**|**Funds**|**t Funds**|**2023**|**2022**|
||£|£|£|£|£|
|Organisations|-|7,651|-|7,651|8,352|
|Other|414|-|-|414|330|
||----------|----------|----------|----------|----------|
||414|7,651|-|8,065|8,682|
||----------|----------|----------|----------|----------|



## **8. CHARITABLE ACTIVITIES** 

## **9. OTHER EXPENDITURE** 




## **10. FIXED ASSETS** 

The congregation owns the Church premises and Manse situated at 19 and 8 respectively Trenchill Road, Ballyeaston, Ballyclare, BT39 9SJ and the associated fixtures, fittings, plant and machinery.  These have an insurance value of £2,634,360. Buildings are depreciated at a rate of 2% p.a. 

|**Cost**<br>At beginning of the year<br>Additions<br>Disposals<br>At end of the year<br>**Depreciation**<br>At beginning of the year<br>Depreciation<br>Disposals<br>At end of the year<br>Net book value at beginning of the year<br>Net book value at end of the year|**Land**<br>**£**<br>10,000<br>-<br>-<br>10,000<br>-<br>-<br>-<br>-<br>10,000<br>10,000|**Buildings**<br>**£**<br>55,730<br>-<br>-<br>55,730<br>(11,517)<br>(1,115)<br>-<br>(12,632)<br>44,214<br>43,099<br>|**Total**<br>**£**<br>65,730<br>-<br>-|
|---|---|---|---|
||||65,730|
||||(11,517)<br>(1,115)<br>-|
||||(12,632)|
||||54,214|
||||53,099|



## **11. INVESTMENTS** 

The congregation has the following investments. Amounts are shown at market valuation. 

||**2023**|**2022**|
|---|---|---|
||**£**|**£**|
|General Investment Fund|||
|Property|||
|Other investments|30,534|28,835|
||----------|----------|
||30,534|28,835|
||----------|----------|






## **12. FUND BALANCES** 

|**Fund**|**Balance**|**Receipts**|**Payment**|**Surplus**|**Transfer**|**Balance**|
|---|---|---|---|---|---|---|
||**at start**|||**/**||**at end**|
|||||**(Deficit)**|||
|**Unrestricted Funds**|£|£|£|£|£|£|
|General|18,543|89,905|97,605|(10,989)|(3,289)|7,554|
||----------|----------|----------|----------|----------|----------|
||18,543|89,905|97,605|(10,989)|(3,289)|7,554|
||----------|----------|----------|----------|----------|----------|
|**Restricted Funds**|||||||
|Development|56,060|23,747|14,149|8,607|(991)|64,667|
|Halls Development|-|-|991|-|991|-|
|Organ Repair|-|880|0|880|-|880|
|Praise Band|3,318|-|427|(427)|-|2,891|
|Coulter Hall & Roof|-|20,000|-|20,000|-|20,000|
|Roof Repair|4,150|6,660|-|6,660|-|10,810|
|Music Ministry|9,196|-|6,550|(6,550)|-|2,646|
|Womens World Day of Prayer|-|440|440|-|-|-|
|United Appeal|-|5,311|8,600|-|3,289|-|
|Moderators Appeal|-|1,350|1,350|-|-|-|
|PCI - Childrens Society|-|1,320|1,320|-|-|-|
|Christian Aid|-|860|860|-|-|-|
|PCI - Irish Mission|-|301|301|-|-|-|
|World Development Appeal|-|735|735|-|-|-|
|Bequests|2,188|1,000|-|1,000|-|3,188|
|Memorial|5,390|238|-|237|-|5,628|
|Sunday School|1,449|133|64|69|-|1,518|
|Choir|203|-|-|-|-|203|
|Boys Brigade|549|5,230|4,842|387|-|937|
|Junior Youth Club|134|-|134|(134)|-|-|
|Mums and Tots|7|884|780|104|-|111|
|PW|150|1,247|1,289|(42)|-|108|
|Indoor Bowling Club|252|639|605|34|-|286|
||----------|----------|----------|----------|----------|----------|
||83,046|70,975|43,437|30,827|3,289|113,873|
||----------|----------|----------|----------|----------|----------|
|**Endowment Funds**|||||||
|John Gault Sunday School Beq.|16,523|-|-|-|-|16,523|
|Jane Boyd Bequest|7,313|1,698||1,698|-|9,011|
|Miscellaneous Bequests|5,000|-|-|-|-|5,000|
||----------|----------|----------|----------|----------|----------|
||28,836|1,698|-|1,698|-|30,534|
||----------|-----------|-----------|-----------|-----------|----------|
|Total|130,425|162,578|141,042|21,536|-|151,961|
||----------|----------|----------|----------|----------|----------|