Presbyter an SECOND DONEGORECONGREGATION OF THE PRESBYfERIAN CHURCH IN IREIAND STATEMENT OF FINANCIAL AcfiviTY (Receipts and Payments Account) for the year ended 31 December 2022 Note, * Unrestricted Funds Restrlrted Endowment Funds Funds Total 2022 Total 2021 Receipts Donations and legacies Charitable activities Other trading activities Investment Income Other 61,728 1,352 53 11,438 22.190 1,005 605 30 83,918 2,357 658 11.468 70,185 500 51 12,198 500 74,571 23,920 98,491 83,434 Sale of Investments Sale of fixed assets Loans Received Total Receipts 74,571 23,920 98,491 83,434 Payments Raising funds Charitable activities Investment cost5 Other (287) (34,827) (287) (103,145) (90,244) (68,318) (32,191) (68,318) (35,114) 1103,433) 1122,435) Purchase of Investments Purchase of fixed asset5 Loan Repayments Total Payments (68,318) (35,114) (103,433) (122,435) Net receipts / (payments) Transfers between funds 6,253 (2.501) (11,194) 2,501 (4,941) (39,001} Net movement in funds Funds brought forward 3,752 69,333 (8,693) 96,162 (4,941) (39,001) 165,495 204,496 Funds carried forward 12 73,085 87,469 160,554 165.495 15
an SECOND DONEGORE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2022 Unrestrirted Funds Restrirted Endowment Funds Funds Total Funds 2022 Total Funds 2021 Funds Reconcillation Bank and Cash at start of year Net movement in funds 69,333 3,752 96,162 (8,693) 165,495 204,496 (4,941) (39,001) Bank and Cash at end of year 73,085 87,469 160,554 165,495 Bank & Cash Balances Bank Current Accounts Bank Deposit Accounts Cash in Hand 86,595 73,600 359 91,674 73,600 221 160,554 165,495 Other Assets Fixed Assets- Note 10 Investments- Note 11 2,606,231 2,606,231 639,482 639,482 3,245,713 3,245,713 Liabilities Loans Other Approved by the Kirk Session at a meeting on 23rd May 2023 and signed on its behalf by [Name] yl [Date] 23- tyl 15 16
an SECOND DONEGORE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2021 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 Regulation5 (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. DONATIONS AND LEGACIES Unrestrirted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 Recorded giving: Loose collections Donations and gifts Gift Aid Legacies and bequest 51,670 833 7,639 1,586 10,652 9,683 1.598 257 62,322 10,516 9,237 1,843 48,954 1,964 9,227 2,464 61,728 22,190 83,918 62,609 17
an SECOND DONEGORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2021 CHARITABLE ACTIVITIES Unrestricted Funds Restrlcted Endowment Funds Funds Total 2022 Total 2021 Income from charitable activities Fees from weddings and funerals Fundraising events Grants 300 1,052 300 1,647 500 595 500 500 1,352 1,005 2,357 500 OTHER TRADING AcfiviTIES Unrestricted Funds Restricted Endowment Funds Fund5 Total 2022 Total 2021 Membership Fees Letting of premises Trading income 605 605 53 53 51 53 605 658 51 5. INVESTMENT INCOME Unrestricted Restricted Endowment Funds Funds Funds Total 2022 Total 2021 Deposit interest Rents investment properties Other investment income 497 10,941 503 10,941 24 141 11,282 775 24 11,438 30 11,468 12,198 18
Presbyter an SECOND DONEGORE CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {conVd) 31 December 2022 OTHER INCOME Unrestrlcted Funds Restrlcted Endowment Funds Fund5 Total 2022 Total 2021 Insurance claims Other income 500 500 RAISING FUNDS Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 FWO envelopes Fundraising events 287 287 287 287 CHARITABLE ACTIVITIES Unrestrirted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 General A55embly Assessments Presbytery fees Ministry and support staff costs Congregational running expenses Donations to Missions and charities Governance costs Other expenditure 10,988 146 36,770 20,414 10,988 146 36,770 35,649 19,592 10,600 468 28,810 35,608 14,338 15,235 19,592 420 68,318 34,827 103.145 90,244 19
an SECOND DONEGORE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {conVd) 31 December 2022 OTHER EXPENDITURE Unrestricted Funds Restrirted Endowment Funds Funds Total 2022 Total 2021 Investment properties expenses P.M.S investment written off 32,191 32,191 10. FIXED ASSETS The congregation owns the Church premises situated at 88 Connor Road, Parkgate, BT39 ODU and the associated fixtures, fittings, plant and machinery. These have an insurance value of £2,606,231. 11. INVESTMENTS The congregation has the following investments. Amounts are shown at market valuation. 2022 2021 General Investment Fund Property Other investments 53,232 400,000 186,250 53,232 400,000 186,250 639,482 639,482 20
Presbyter an SECOND DONEGORE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS Iconvd) 31 December 2022 12. FUND BALANCES Fund Balance at start Recelpts Payment Surplus / Transfer (Deficit) Balance at end Unrestricted Funds General Fund Temporary 69,333 30 74,571 (68.285) (33) 6,286 (33) (2,501) 73,082 (3) 69,363 74,571 (68,318) 6,253 (2,501) 73,085 Restricted Funds Renovation Building Manse United Appeal Mission Tear Fund Presbyterian Childrens Society Christian Aid World Development Scripture Union Schools Belfast City Mission Rev Torrens Ukraine App. Moderator Ukraine App Holiday Bible Club Dunamuggy Friendship Hour Escape Junior Christian Endeavour Presbyterian Women Bowling Club 8,301 68,891 11,046 6,063 12 12 3.510 2.815 800 575 355 (9,159) {3,096) 12 (2,380) (2,368) {5.315) (1,805) (4.795) {1,980) (800) (575) (355) 8,301 68,891 11,046 1,805 4,079 2,099 79 79 (1,000) {I,000) (1,000) (1,000) (3,950) (1,180) (218) (2,506) (4) (184) (1,447) (246) 1000 1000 3,950 1,180 594 2,084 678 1.002 901 179 702 304 376 (422> 14) (164) (42) 299 (1,054) 580 897 15 660 353 20 1,405 545 (250) 96,162 23,920 (35,114) (11,194) 2,501 87,469 Endowment Funds Total 165,495 98,491 (103,433) (4.941) 160,554 21