## **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**| |---|---|---|---|---|---| ## **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| |---|---|---|---|---| ## **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| |---|---|---|---|---| 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.