## **GARDENMORE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) For the Year Ended 31 December 2021** 

||**Note**|**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**|
|---|---|---|---|---|---|---|
|||**Funds**|**Funds**|**Funds**|**2021**|**2020**|
|||£|£|£|£|£|
|**Receipts**|||||||
|Donations and legacies|2|133,876|63,287|-|197,163|175,438|
|Charitable activities|3|-|4,087|-|4,087|6,256|
|Bank deposit interest|4|465|467|82|1,014|1,897|
|Other Income|5|3,244|-|-|3,244|-|
|||----------|----------|----------|----------|----------|
|**Total Receipts**||137,585|67,841|82<br>|205,508|183,591|
|||----------|----------|----------|----------|----------|
|**Payments**|||||||
|Raising funds|6|413|-|-<br>|413|265|
|Charitable activities|7|115,241|59,255|-|174,496|154,994|
|Loan Repayments||6,250|-|-|6,250|6,250|
|||----------|----------|----------|----------|----------|
|**Total Payments**||121,904|59,255|-|181,159|161,509|
|||----------|----------|----------|----------|----------|
|Net receipts / (payments)||15,681|8,586|82|24,349|22,082|
|Transfer between funds||1,132|-1,020|-82|-|-|
|||----------|----------|----------|----------|----------|
|**Net movement in funds**||16,813|7,536|-|24,349|22,082|
|Funds brought forward||174,312|226,905|34,450|435,667|413,585|
|||----------|---------|----------|----------|---------|
|Funds carried forward|9|191,125|234,441|34,450|460,016|435,667|
|||======|======|======|======|======|



1 



## **GARDENMORE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES** 

## **As at 31 December 2021** 

|**As at 31 December 2021**||||||
|---|---|---|---|---|---|
||**Unrestricted**|**Restricted**|**Endowment**|**Total Funds**|**Total**|
||**Funds**|**Funds**|**Funds**|**2021**|**Funds**|
||||||**2020**|
||£|£|£|£|£|
|**Funds Reconciliation**||||||
|Bank and Cash at start of year|174,312|226,905|34,450|435,667|413,585|
|Net movement in funds|16,813|7,536|-|24,349|22,082|
||----------|----------|----------|---------|----------|
|Bank and Cash at end of year|191,125|234,441|34,450|460,016|435,667|
||=======|=======|=======|=======|=======|
|**Bank & Cash Balances**||||||
|Bank Deposit Accounts||||391,850|370,940|
|Bank Current Accounts||||66,650|63,033|
|Cash in Hand||||1,516|1,694|
|||||----------|----------|
|||||460,016|435,667|
|||||=======|=======|
|**Other Assets**||||||
|Fixed Assets – Note 8||||||
|- Church Premises||||950,000|950,000|
|- Manse||||275,000|275,000|
|Gift Aid receivable on donations||||8,940|8,735|
|||||----------|----------|
|||||1,233,940|1,233,735|
|||||=======|=======|
|**Liabilities**||||||
|Loans||||18,750|25,000|
|||||----------|----------|
|||||18,750|25,000|
|||||=======|=======|



Approved by the Kirk Session at a meeting on 21[st] February 2022 and signed on its behalf by 

Name: Gary Glasgow Name: Philip Shepherd Date: 21[st] February 2022 Date: 21[st] February 2022 

## **GARDENMORE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS** 

2 



**For the Year Ended 31 December 2021** 

## **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** 

||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total 2020**|
|---|---|---|---|---|---|
||**Funds**|**Funds**|**Funds**|**2021**||
||£|£|£|£|£|
|Recorded giving:||||||
|Loose collections|534|-|-<br>|534|561|
|Donations and gifts|111,935|55,765|-|167,700|149,749|
|Gift Aid|21,407|7,522|-|28,929|25,128|
|Legacies and bequest|-|-|-|-|-|
||----------|----------|----------|---------|----------|
||133,876|63,287|-|197,163|175,438|
||----------|----------|----------|----------|----------|



3 



## **GARDENMORE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS For the Year Ended 31 December 2021** 

|**3.**|**CHARITABLE ACTIVITIES**||||||
|---|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**|
|||**Funds**|**Funds**|**Funds**|**2021**|**2020**|
|||£|£|£|£|£|
|Membership fees||-|441|-|441|1,129|
|Grants||-|3,646|-|3,646|5,127|
|||----------|----------|----------|----------|----------|
|||-|4,087|-|4,087|6,256|
|||----------|---------|----------|----------|----------|
|**4. **|**BANK DEPOSIT INTEREST**||||||
|||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**|
|||**Funds**|**Funds**|**Funds**|**2021**|**2020**|
|||£|£|£|£|£|
|Deposit interest||465|467|82|1,014|1,897|
|||----------|----------|----------|----------|----------|
|||465|467|82|1,014|1,897|
|||----------|----------|----------|----------|----------|
|**5.**|**OTHER INCOME**||||||
|||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**|
|||**Funds**|**Funds**|**Funds**|**2021**|**2020**|
|||**£**|**£**|**£**|**£**|**£**|
|Other income||3,244|-|-|3,244|-|
|||----------|----------|----------|----------|----------|
|||3,244|-|-|3,244|-|
|||----------|----------|----------|----------|----------|



|**6.**|**RAISING FUNDS**||||||
|---|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**|
|||**Funds**|**Funds**|**Funds**|**2021**|**2020**|
|||£|£|£|£|£|
|FWO|envelopes|413|-|-|413|265|
|||----------|----------|----------|----------|----------|
|||413|-|-|413|265|
|||----------|----------|----------|----------|----------|



## **GARDENMORE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND** 

4 



**NOTES TO THE ACCOUNTS** 

## **For the Year Ended 31 December 2021** 

## **7. CHARITABLE ACTIVITIES** 

||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**|
|---|---|---|---|---|---|
||**Funds**|**Funds**|**Funds**|**2021**|**2020**|
||£|£|£|£|£|
|General Assembly Assessments|23,489|-|-|23,489|25,389|
|Presbytery fees|881|-|-|881|864|
|Ministry and support staff costs|85,554|-|-|85,554|77,910|
|Congregational running expenses|5,317|39,013|-|44,330|26,762|
|Donations to Missions and charities||20,242|-|20,242|24,069|
||----------|----------|----------|----------|----------|
||115,241|59,255|-|174,496|154,994|
||----------|----------|----------|----------|----------|



## **8. FIXED ASSETS** 

The congregation owns the Church premises situated at Victoria Road Larne, adjacent site 4 Victoria Road, Larne and the Manse at 12 Lower Cairncastle Road Larne and the associated fixtures, fittings, plant and machinery. These have an insurance value of £8,019,592. 

5 



## **GARDENMORE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS** 

## **For the Year Ended 31 December 2021** 

## **9. FUND BALANCES** 

|**9. **|**FUND BALANCES**|||||||
|---|---|---|---|---|---|---|---|
|||**Balance at**<br>**1/1/21**|**Receipts**|**Payments**|**Surplus**<br>**/(Deficit)**|**Transfer**|**Balance at**<br>**31/12/21**|
|||£|£|£|£|£|£|
|(I)|**Unrestricted Funds**|||||||
||General Fund|-|137,273|121,904|15,369|-15,369|-|
||Committee, Office equipment|65,491|160|-|160|16,501|82,152|
||Millbrook, Unspecified bequests|108,821|152|-|152|-|108,973|
|||----------|----------|----------|----------|----------|----------|
|||174,312|137,585|121,904|15,681|1,132|191,125|
|||----------|----------|----------|----------|----------|----------|
|(II)|**Restricted Funds**|||||||
||Renovation Fund|80,394|20,672|23,125|-2,453|299|78,240|
||Property/Building Fund|397|544|1,773|-1,229|1,773|941|
|||----------|----------|----------|----------|----------|----------|
||Total Property|80,791|21,216|24,898|-3,682|2,072|79,181|
|||----------|----------|----------|----------|----------|----------|



6 



**GARDENMORE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS For the Year Ended 31 December 2021** 

|||||||**Balance**|
|---|---|---|---|---|---|---|
||**Balance at**|||**Surplus/**||**at**|
||**1/1/21**|**Receipts**|**Payments**|**(Deficit)**|**Transfer**|**31/12/21**|
||£|£|£|£|£|£|
|**CONGREGATIONAL MISSIONS**|||||||
|**AND CHARITIES FUND**|||||||
|United Appeal|-|15,963|12,357|3,606|-3,606|-|
|General Missions Fund|399|-|-|-|3,648|4,047|
|World Development|-|3,042|3,048|-6|6|-|
|Kambui|4,849|1,379|2,500|-1,121|-|3,728|
|R B L Earl Haig|135|148|285|-137|2|-|
|Orphan Society|-|37|1,060|-1,023|1,023|-|
|CAP Larne|6,145|2,725|719|2,006|-|8,151|
|Student’s Bursary|-|273|273|-|-|-|
||----------|----------|----------|----------|----------|----------|
|Total Mission & Charity|11,528|23,567|20,242|3,325|1,073|15,926|
||----------|----------|----------|----------|----------|----------|



7 



## **GARDENMORE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND** 

## **NOTES TO THE ACCOUNTS** 

## **For the Year Ended 31 December 2021** 

||**Balance**<br>**at**<br>**1/1/21**|**Receipt**<br>**s**|**Payments**|**Surplus**<br>**/(Deficit)**|<br> <br>**Transfe**<br>**r**|**Balance**<br>**at**<br>**31/12/21**|
|---|---|---|---|---|---|---|
||£|£|£|£|£|£|
|**OTHER RESTRICTED CONGREGATIONAL**|||||||
|**FUNDS**|||||||
|Miscellaneous|-|12,645|9,326|3,319|-3,319|-|
|Gifts in Memory|2,585|6|-|6|-|2,591|
|Bequest Specified|115,615|3,277|-|3,277|-42|118,850|
|Funds|2,914|164|-|164|11|3,089|
||----------|----------|----------|----------|----------|----------|
|Total Other Restricted|121,114|16,092|9,326|6,766|-3,350|124,530|
||----------|----------|----------|----------|----------|----------|



8 



## **GARDENMORE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS** 

## **For the Year Ended 31 December 2021** 

||**Balance at**<br>**1/1/21**|**Receipts**|**Payments**|**Surplus**<br>**/(Deficit)**|**Transfer**|**Balance at**<br>**31/12/21**|
|---|---|---|---|---|---|---|
||£|£|£|£|£|£|
|**RESTRICTED ORGANISATIONAL**|||||||
|**FUNDS**|||||||
|2nd Larne Boys’ Brigade|141|-|-|-|-|141|
|35th NI Girls Brigade|3,440|3,822|2,824|998|-500|3,938|
|Bowling Club|1,971|-|50|-50|-|1,921|
|Parents Toddlers|758|1|-|1|-|759|
|Youth Council|58|-|-|-|-|58|
|Youth Club|2,459|1,200|191|1,009|-|3,468|
|Men’s Fellowship|223|81|18|63|-|286|
|Friends Together|566|-|-|-|-|566|
|P W|410|1,653|1,465|188|4|602|
|Sunday School|862|2|-|2|-|864|
|Choir|1,223|1|96|-95|-|1,128|
|Busy Hands|559|205|44|161|-349|371|
|Holiday Bible Club|308|1|-|1|-|309|
|THRIVE|305|-|-|-|-|305|
|Sunday Club|187|0|101|-101|-|86|
|Badminton Club|-|||||-|
||----------|----------|----------|----------|----------|----------|
|Total Organisational|13,470|6,966|4,789|2,177|-845|14,802|
||----------|----------|----------|----------|----------|----------|
|Total Restricted Funds|226,905|67,841|59,255|8,586|-1,050|234,441|
||----------|----------|----------|----------|----------|----------|



9 



## **GARDENMORE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS** 

## **For the Year Ended 31 December 2021** 

|||**Balance at**<br>**1/1/21**|**Receipts**|**Payments**|**Surplus**<br>**/(Deficit)**|**Transfer**|**Balance at**<br>**31/12/21**|
|---|---|---|---|---|---|---|---|
|||£|£|£|£|£|£|
|(III)|**Endowment Funds**|||||||
||Benevolent|4,327|10|-|10|-10|4,327|
||Sunday school & prizes|5,102|3|-|3|-3|5,102|
||Committee|1,000|13|-|13|-13|1,000|
||United Appeal & World Dev|19,939|48|-|48|-48|19,939|
||Youth Work|4,082|8|-|8|-8|4,082|
|||----------|----------|----------|----------|----------|----------|
||Total Endowment Funds|34,450|82|-|82|-82|34,450|
|||----------|----------|----------|----------|----------|----------|
||TOTAL FUNDS|435,667|205,508|181,159|24,349|-|460,016|
|||----------|----------|----------|----------|----------|----------|



10