The Sustentation Fund of The Non-Subscribing Presbyterian Church of Ireland Income and Expenditure Account Year Ended 31st December 2023
Charity Commission Number 01278118
| Revenue Congregational Subscriptions Dividend Income Interest Received Return on Capital of Investments Profit / ( Loss) on Disposal of Investments Ulster Bank Settlement Total Revenue Expenditure Grants to Ministers Distribution of Bequests Investment Management Fees Administration Costs Bank Charges Total Expenditure Surplus / Deficit for Year. FRS 102 Revaluation Transferred to ( From) Reserves |
Unrestricted Funds £9,735 £6,126 £224 £40 -£455 £150 £15,820 £11,545 £0 1671 £542 £19 £13,777 £2,043 £4,711 £6,754 |
Restricted Funds £0 £22,213 £134 £145 -£401 £0 £22,091 £28,415 £0 £5,092 £2 £21 £33,530 -£11,439 £3,900 -£7,539 |
Endowments £0 £45 £0 £0 £0 £0 £45 £0 £12 £0 £0 £0 £12 £33 £0 £33 |
Total 2023 £9,735 £28,384 £358 £185 -£856 £150 £37,956 £39,960 £12 £6,763 £544 £40 £47,319 -£9,363 £8,611 -£752 |
Total 2022 £11,450 £25,601 £55 £1,130 -£1,529 £0 £36,707 £36,000 £54 £7,518 £0 £51 £43,623 -£6,916 -£20,446 -£27,362 |
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Balance Sheet as at 31st December 2023
| Fixed Assets Investments at Investec Current Assets Debtors Due less than 12 Months Cash at Investec Cash at Ulster Bank Current Liabilities Creditors Due within 12 Months Net Current Assets Net Assets Represented By Opening Accumulated Funds Surplus ( Deficit) for Year. |
Total 2023 £712,035 £913 £7,554 £39,411 £47,878 £0 £47,878 £759,913 £760,665 -£752 £759,913 |
Unrestricted Funds £176,181 £299 £2,408 £26,064 £28,771 £0 £28,771 £204,952 £198,165 £6,787 £204,952 |
Restricted Funds £535,854 £614 £5,146 £13,347 £19,107 £0 £19,107 £554,961 £562,500 -£7,539 £554,961 |
Total 2022 £702,965 £0 £21,342 £42,250 £63,592 £0 £63,592 £766,557 £0 £0 £766,557 |
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Value of Assets held at Investec
| 1st January 2023 Acquisitions ( At Cost) Disposals ( At Cost) As At 31st Dec 2023 Valuation per Investec. FRS 102 Adjustment Per Balance Sheet |
No 1A/C Valuation £170,234 £27,905 £28,168 £169,971 £174,682 £4,711 £174,682 |
Endowment Valuation £1,499 £0 £0 £1,499 £1,499 £0 £1,499 |
No 2A/C Valuation £531,230 £141,556 £140,832 £531,954 £535,854 £3,900 £535,854 |
Total 2023 £702,963 £169,461 £169,000 £703,424 £712,035 £8,611 £712,035 |
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I confirm that the Income and Expenditure Account for the year ended 31st December 2023 together with the Balance Sheet as at the same date are in agreement with the Books, Records and Supporting Documents from which they have been prepared.
John Esler Honarary Treasurer NSPCI Sustentation Fund 2nd January 2024.