CRAIGY HILL PRESBYTERIAN CHURCH A Congregatlon of The Presbyterian Church in Ireland RECEIPTS AND PAYMENTS STATEMENT For the year ended 31 December 2022 Receipts: Donations and Legacies Charitable Activitie5 other Trading Activities Investment Income other 112,774 550 67,545 11.240 9.705 190,024 11,790 170,922 13,379 150 296 1,065 280 212 io 290 212 Total 113,816 78,795 9,705 202,316 185,812 Payments.. Raising Funds Charitable Activities Other Expenditure -920 -131,289 -535 -920 -176,103 -1,670 -841 -122,367 -2,786 -679 -42,856 -1,135 -1,279 SubTotal -132,744 -679 -43,991 -1,279 -178,693 -125,994 A55et & Investment Purchases Purchase of Fixed Assets -7,705 -7,705 -1,015 Total Payment5 -132,744 -679 -51,696 -1,279 -186,398 -127,009 Net Receipts/ (Payment5) Transfers between Funds Funds Brought Forward -18,928 -14,220 90,129 -679 1,760 330 27.099 12,460 -16.251 8,426 15,918 58,803 17,159 91,367 32,564 Funds Carried Forward io 56.981 1,411 23,308 25,585 107,285 91,367 Page | 17
CRAIGY HILL PRESBYTERIAN CHURCH A Congregatlon of The Presbyterlan Church in Ireland STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2022 Bank & Cash Balances Bank Current Accounts Cash in Hand 56,981 1,411 21,024 2,284 25,585 105,001 2,284 90,731 636 56,981 1.411 23,308 25,585 107,285 91,367 Other Assets Fixed Assets Investments Gift Aid receivable on donations li 12 4,156,925 3,866,907 5,140 6,054 4,162,065 3,872,961 Liabilities Utilities Obligation5 to Charitable Donations Vestibule Project retention owing to builder Independent Examiner Fees 934 3.117 1,956 3,921 7,706 600 1,555 4,652 15,138 Approved by the Kirk Session at a meeting on 3, May 2023 and signed on its behalf by Mr. John Dundee Clerk of Session Date.. 3, May 2023 Page | 18
CRAIGY HILL PRESBYTERIAN CHURCH A Congregation of The Presbyterian Church In Ireland NOTES TO THE ACCOUNTS 31 December 2022 CRAIGY HILL PRESBYTERIAN CHURCH A Congregatlon of The Presbyterian Church In Ireland NOTES TO THE ACCOUNTS 31 December 2022 DONATIONS AND LEGACIES Recorded giving: Loose collections Envelopes, standing orders, special collections etc Gift Aid Legacies and bequest 1,089 175 1,264 845 97,665 14,020 58,744 8,626 156,409 22,646 9,705 148,145 21,692 240 9,705 112,774 67,545 9.705 190,024 170,922 CHARITABLE ACTIVITIES Organisations Fees from Weddings & Funerals 11,240 11,240 550 13,359 20 550 550 11,240 11,790 13,379 Page | 19
CRAIGY HILL PRESBYTERIAN CHURCH A Congregation of The Presbyterlan Church in Ireland NOTES TO THE ACCOUNTS 31 December 2022 OTHER TRADING ACTIVITIES Letting of Premises Trade Income 150 150 INVESTMENT INCOME Bank Interest received 280 io 290 296 280 io 290 296 Page | 20
CRAIGY HILL PRESBYTERIAN CHURCH A Congregation of The Presbyterian Church In Ireland NOTES TO THE ACCOUNTS 31 December 2022 OTHER INCOME Insurance Claims Sundry 113 952 212 212 212 212 1,065 RAISING FUNDS FWO Envelopes -920 -920 -841 -920 -920 -841 Page121
CRAIGY HILL PRESBYTERIAN CHURCH A Congregation of The Presbyterian Church In Ireland NOTES TO THE ACCOUNTS 31 ecember 2022 CHARITABLE ACTIVITIES Ministry, Pulpit supply & Staff costs Donations to Missions & Charities General Assembly Assessments Presbytery Fees Building Repairs & Maintenance Utilities & Insurance costs Administration costs Outreach Organisations, Expenses Sundry Expenses -59,662 -500 -20,728 -771 -29,992 -13,554 -3,007 -484 -59,662 -35,538 -20,728 -771 -31,271 -13,554 -3,007 -714 -8,267 -2,591 -53,221 -16,563 -21,856 -745 -9,089 -7,634 -2,513 -80 -8,098 -2,608 -679 -34,359 -1,279 -230 -8,267 ~2,591 -131,289 -679 -42,856 -1,279 -176,103 -122,367 OTHER EXPENDITURE Bank Fees & Loan Interest Other -325 -210 -1.135 -1,460 -210 -2,786 -535 -1,135 -1,670 -2,786 Page | 22
CRAIGY HILL PRESBYTERIAN CHURCH A Congregatlon of The Presbyterlan Church in Ireland NOTES TO THE ACCOUNTS 31 December 2022 io. FUND BALANCES AND RECONCILIATION OF FUNDS Balance at start Net Transfers Balance At end Recei ts Pa ments Unrestrlcted Funds General Fund Designated Mission Support Fund 90,129 330 113,816 -132,744 -679 -14,220 1,760 56,981 1,411 Total Unrestricted Funds 90,459 113,816 -133,423 -12,460 58,392 Restricted Funds Building & Improvements United Appeal & other Mi55ions Ukraine Appeal Tearfund PCI Youth Projects Presbyterian Children's Society Christian Service Fund PCI Overseas BB GB Bowling Club Women's Zone Mums & Tots Youth Work Sunday School Ladies Fellowship -34,878 3,921 34,480 12,571 20,228 -8,761 -12,375 -20,468 13,500 -1,000 240 4,341 3,117 266 -266 -1,000 1,000 563 563 10,934 256 523 190 323 1,484 359 74 3,174 6,910 iii 411 492 -2,914 -5,170 -101 -109 -186 -230 -15 -101 -650 -200 -100 -80 -250 10,544 1,796 433 412 379 1,254 344 125 152 Total Restricted Funds -16,251 78,795 -51,696 12,460 23,308 Endowments Bequests & Endowments 17,159 9,705 -1,279 25,585 17,159 9,705 -1,279 25,585 TOTAL FUNDS 91,367 202,316 -186,398 107,285 Page | 23
CRAIGY HILL PRESBYTERIAN CHURCH A Congregation of The Presbyterian Church in Ireland NOTES TO THE ACCOUNTS 31 December 2022 11. FIXED ASSETS The congregation owns the church premises situated at Churchill Road, Larne. At the last renewal date the church and contents had an insurance value of £2,013,089.04 and the church hall and contents had an insurance value of £1,653,581.89. The congregation also owns the manse situated at 22 Brustin Brae Road, Larne and this property had an insurance value of £490,254.07 at the last renewal date. 12. RELATED PARTY TRANSACTIONS Disclosed below are the payments made to related parties during the year ended 31 December 2022.. Name of Related Party David Fulton Keith Preston (father of trusteel Brian Clenaghan Reason Salary Pulpit supply fees Pulpit supply fees 3,240 335 170 David Fulton received remuneration for his role as Praise Coordinator and not in his capacity as a trustee. The congregation paid £35,910 in respect of annual stipend, £6,382 in respect of ministerial expenses and £8,618 in respect of pension contributions for Rev. Ben. Preston. The congregation paid Presbytery fees of £770.79 to the Presbytery of Carrickfergus during the year. The congregation also made the following contributions to the Presbyterian Church in Ireland during the year.. United Appeal World Development Appeal Presbyterian Children's Societv Youth Projects 9,454 1,000 266 13. EX-GRATIA PAYMENTS Ex-gratia payments/gifts of £500 were made to long-standing members of the congregation, in recognition of their caretaking services provided to the church during the year. 14. VOLUNTEERS The work and support of members of the congregation as volunteers is vital to the operation, mission and outreach of the congregation. Volunteers undertake many role including encouraging prayer, serving within their local communities, administration tasks and serving in organisations under the control of Kirk Session. Page124