LISLOONEY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL AcfiviTY (Recelpts and Payments Account) for the year ended 31 December 2023 Note Unrestwlcled Funds Resvlcted Funds Endowment Funds Total Z023 Total 2022 Recei Donations and legacies Charitable activities Other tradin8 activities Investment Income Other 42864 13405 56269 47922 55CQ 55(M) 551)) 630 3113 2498 240 3128 3353 309 2587 Total Recei 52107 16143 68250 56318 Pu ments Raising funds Charitable actNities 41613 3277 44890 44977 Other 268 570 Totsl Payments 41613 3545 45158 45547 Net Recepit5llPayments} Transfers between fund5 Net movementfunds Funds brought forward Funds brought forward 10494 12598 23092 10771 1_29971 2997 7497 49943 15595 226996 23092 276939 10771 266168 io 57440 242591 3CIJ031 276939
USLOONEY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF ASSEfs AND LIABIUTIES As at 31 December 2023 Unrestrkted F¥nds Endowment Funds Total Funds 2023 Tot•1 Funds 2022 Funds Funds Reconclllation Bank and Cash at start of year Net movement in funds 49943 7497 226996 15595 276939 23092 266168 10771 Bank and Cash at end of year 57440 242591 331 276939 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 136945 105646 136945 163086 135526 141413 57440 Other Assets Fixed A55ets- Lislooney Church Buildings. and attached Church Hall. at 24 Derryhaw Road Tynan Manse House at 9 Elrn Park Road, Killylea Manse Fam,130 acres) Tot•12023 Tota12022 Investment Fund £6263 5743 Liabilities Approved by the Kirk Session at a meeting on 2V04/2024 and slgned on its behalf by IHarry Dunwoodyl Ilvan Thom sonl /04124J [221041241 io
LISLOONEY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2023 ACCOUNTING POUCIES BAS15 OF FINANCIALSrATEmErS As the total income of the congregation is less than £250,IxIO 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 ACCOUPtriNG 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. Restritted funds comprise lal income from endowments which is to be expended only on the restricted purposes intended by the donor and Ibl 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. Unrestritted 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. DONATIONS AND LEGACIES Unr¢Arfcted Fund5 Restrlcted Funds Endowment Fynds Total 2023 Total Z022 Recorded giving: Loose collections Donation5 and gifts 37842 527 6375 44217 527 6133 34875 2680 4850 6133 GiftAid LeEacies and bequest 4373 122 896 5269 122 5390 127 li
USLOONEY CONGREGATION OF THE PRESBrrERIAN CHURCH IN IRELAND NOTES TO THE AccouTrifs Iconvd) 31 December 2023 CHARITABLE AcnvmES Total 2023 Total 2022 Funds Fund5 Income from charilable activilies Fees from weddin s and funerals Fundraisin events Membershi fees Grants 4. OTHER TRADING AcrivmES Unrestrlcted Funds Re5trkted Funds Endowfflent Ful5 rotaj 20 Totsl 2022 ii Lettln of remlses 551)) 5500 551x1 INVESTMENT INCOME Unrestrlded Funds Rertrkd Funds Endowment Funds Total 2013 Total 2022 Deposit Interest General Investment Fund Rents Investment properties other Investment income 630 1079 1709 191 1419 1419 118 OTHER INCOME Unrestrlcttd Funds Rtllrkd Funds Endowrnent Funds Total 2023 Tot•1 zoiz Insurance clalms Other Income 3113 240 3353 2587 12
LISLOONEY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2023 RAISING FUNDS Unrertrlrted Funds Endowment Funds Tot•[ 2023 Total ZO22 Funth FWO envelopes Fundraising costs CHARITABLE ACTIVITIES Restrtrted Funds £ndwment Funds Total 2023 Total 2022 Funds General Assembly A55e$5ments Presbytery fees Ministry and support staff costs CongreEatlonal running expenses Donations to Misslons and charltles Governance costs 7381 7381 7021 22597 11635 22597 11635 21291 12720 3277 3277 3945 OTHER EXPENDITURE Unrestrfaed Fund5 Endowment Funds Total 2023 Total 2022 Funds Repairs 268 268 570 13
LISLOONEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2023 10. FUND BALANCES Fund Recelpts 5urnlus/ iDelkftJ TrDnsJer Bolonce ot end 2022 ot end 2023 stort Unrestrlcted Funds General Fund 49943 52107 41613 7497 129971 57440 49943 Restrirted Funds Building fund Graveyard account Repair alc Danske Repair alc Ulster 88857 1972 74693 60833 14484 268 14216 103073 1972 75253 61692 88857 1972 74693 60833 560 859 560 859 PWA Bowling Club Badminton Club 461 240 1401 421 461 180 Total Restrfrted 226996 16143 15595 24Z591 226996 Totsl Fund5 276939 68250 42161 23092 12997) 300031 276939 14