REGisfERED CHARITY NUMBER: 104948 Re ort of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2023 for Mall Presb terian Church Arma hcon re ation of the Presb terian Church in Ireland
MALL PRESBYTERIAN CHURCH ARMAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIALACTIVITY FOR THE YEAR ENDED 31 DECEMBER 2023 Note Unrestricted Funds Aestrlcted Funds Endowrnent Funds Total 2023 Total 2022 Receipts Oonations & Legacies Charitable Activitie5 Other trading actlvltles Investment income Other Income 154,128 44,226 13,421 198,354 13.421 364 5,277 250 16S,629 32.635 364 1,865 25,000 364 5,274 250 Total Receipts 159,766 57,900 217,666 225,493 Payments Raising Funds Charitable Activities 1,045 133,067 1,045 177,893 1,044 174,918 44,826 Total Payments 134,112 44,826 178,938 175.962 Net Receipts I Payments Transfers net 25,654 11,2731 13,074 1,273 Y8.728 49,531 Net movement in funds Funds brought forward 01 january 2023 24,381 14,347 38,728 49.531 251,325 117,823 369,148 319,617 Funds carrled forward 31 December 2023 275,706 132,170 407,876 369,148
MALL PRESBYTERIAN CHURCH ARMAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 DECEMBER 2023 Unrestricted Funds Restrlcted Funds Endowment Funds Total 2023 Total 2022 Funds Reconciiation Bank and cash at start of 251,325 117,823 369,148 319,617 year Net movement in funds 24,381 14,347 38,728 49,531 Bank & cash at end of 275,706 132,170 407,876 369,148 year Bank & Cash Balances Bank Deposlt Accounts Bank Current Accounts 273,605 2,101 97,843 34,327 371,448 36,428 341,603 27,545 Total 275,706 132,170 407,876 369,148 Memorandum Note Only Investment5 io 73,953 73,953 67,845 Approved by Kirk Se55ion at a meeting on 09 05 2024 and signed on its behalf bv'.- Rev Peter Gamble Wallace Moffett Date 0910512024 Date 0910512024
MALL PRESBERlAN CHURCH ARMAGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS A5 the total income of the congregatlon is le55 than £250,000 the congregation have elected in accordance with the provisions in The Charitie5 IAccounts and Reports Regulations (Northern Ireland) 2015 to Ppare its accounts on a receipts and payments basis. FUND ACCOUNTING Endowment funds are funds, the capltal of which must be retained either permanently or at the congregation's discretion,. the income derived from the endowment 15 to be used either 35 restricted or unrestricted Income funds depending upon the purpose for which the endowment was establlshed in the first place. Restritted funds comprise (al income from endowments which is to be expended only on the $trIcted purp05es Intended by the donor and Ibl revenue donations or grants for a specific congregational activity intended by the donor. Where these funds have unspent balances. interest on their pooled investment is apportioned to the individual fund5 on an average balance basi5. Unrestricted funds are income funds whSch are to be spent on the congregation's general purpose5. Designated funds are general funds set aside by the congregation for use In the future. RECEIPTS 2 Donations & LegacSes Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 Recorded Giving.. Loose collections Donations & Bifts Gift Aid Legacles & bequest 2.176 117,656 28,430 5,866 2,176 155,936 33,812 6,430 1,717 130.948 27,620 5.344 38,280 5.382 564 154,128 44,226 198,354 165,629 3. Charitable Activltles Unre5trlcted Funds Re5trirted Funds Endowment Funds Total 2023 Total 2022 Income from charitable activity Fundraising Membership Fees Grants 6,389 122 3.260 3,650 6,389 122 3,260 3,650 20,191 2,227 4,417 5,800 13,421 13,421 32.635
MALL PRE5BYfERIAN CHURCH ARMAGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS - CONT. FOR THE YEAR ENDE[) 31 DECEMBER 2023 RECEIPTS 4. Other Trading Actlvlties Unrestricted Fund5 Restrlcted Funds Endowment Funds Total 2023 Total 2022 Lettlng of Premlses 364 364 364 364 364 364 5. Investment income Unrestrlcted Funds Restrlcted Funds Endowment Funds Total 2023 Total 2022 Deposit interest General investment fund 5274 S277 366 1,499 5274 5,277 1,865 6. Other Income Unrestricted Funds Restricted Fund5 Endowment Funds Total 2023 Total 2022 Insurance claim 250 250 25,000 250 250 25,000
MALL PREsBERIAN CHURCH ARMAGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS- CONT. FOR THE YEAR ENDED 31 DECEMBER 2023 PAYMENTS 7. Raising funds Unrestricted Fund5 Restricted Funds Endowment Funds Total 2023 Total 2022 FWO envelopes 1,045 1,045 1.044 1.045 1.045 1,044 8. charitable artlvltles Un$trIcte Funds Restricted Funds Endowment Funds Total 2023 Total 2022 General Assembly Assessments Presbytery Fees Ministry & support stsff Runnlng expenses Donations to Missionslcharlties Governance costs 23,777 891 67,259 39,484 1,200 456 23,777 891 67,259 66,654 18,856 456 23,029 820 6Z,121 63,801 24,727 420 27,170 17,656 133,067 44,826 177,893 174.918 9. Fixed Assets The congregatlon owns the Church premises situated at Mall West, the Manse and land at Newry Road and the assotlated fixtures, fittlngs, plant and machlnery. 10 Investments The congregation has the followlng Investment5. Amounts are shown at market value. Memorandum only entries Endowment Funds Total 2023 Total 202Z General Investment Fund-Presbyterian ChLFrch in Ireland 73,953 73,953 67,845 73,953 73.953 67,845
MALL PRESBERIAN CHURCH ARMAGH CONGREGATION OF THE PREsBERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS- CONT. FOR THE YEAR ENDED 31 DECEMBER 2023 11 Fund Balances Fund Balance at start Receipt5 Payments 5urplus/ (Deficit) Transfers nett Balance at end Unrestricted Funds General 251,325 159,766 134,112 25,654 11,2731 275,706 251.325 159,766 134,112 25,654 11.2731 275,706 Restricted Funds Repalrs United Appeal Charties & Misslons.. Presbyterian Childrens Scolety Royal Brit15h Leglon - Tear Fund Moderator Appeal- Tuikey 8reakfast Morning CD Ministry Youth Mission5 Midweek Sunday School Crecheuots & Toddlers Youth Fellowship Girls Brlgade Salt Cellar Boy5 Brigade Female Focu5 Badminton Club Bowling Club Choir 90,229 16,032 8,911 12,904 11,579 3.128 12,6681 93,357 2,668 919 744 394 919 744 394 1,720 1,720 880 880 18801 231 3.878 1,500 650 7,349 5.248 3,926 2,103 889 185 185 10,178 416 12.133 1,955 14,056 1,500 650 5,768 6,490 17221 12651 6.362 5,248 4,918 2.764 979 1,576 344 4,739 5,230 90 155 3,597 4,469 1,142 761 90 loo 11501 iiooi 1,476 344 55 117,823 57.900 44,826 13.074 1,273 132,170 Total Funds 369.148 217,666 178,938 38,728 407.876