an ORUMINN15 CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND (NIC1050261 STATEMENT OF HNANCIAL ACTIVffY (Recelpts and Payrnents Account) For the year ended 31 December 2023 Unrestrfc*d Restrlcted Funds Funds 2023 Total 2022 Total Note Recelpts Donati5 and legacies Charitable activities Investment Income Other Income 85.535 916 17,217 5,797 102.752 6.713 1.923 606 107,119 7.454 545 61 Totsl Recelpts 88,036 23,958 111.994 115.153 Payments Raising FurKIs Charitable activities 475 64.390 475 475 90,194 22.019 64,865 7,024 22,019 86,884 7,024 90,669 4,223 12,177 Purchase of Fixed Assets Loan Repawients Total Payments 71,889 22,019 93.908 107,069 Net ReceiptsllPairynents) 16.147 1.939 18,086 Transfers between Funds 15,362) 5.362 Net M(Nement in Funds 10.785 7,301 18,086 8,084 Funds brought forward 89.765 55.962 145,727 137.643 Funds carried forvrdrd io l(K).550 63,263 163,813 145,727
an DRUMINNIS COt4GREGATION OF THE PRES8YfERIAN CHURCH IN IRELAND STATEMENT OF ASSEtS AND LIABILMES As at 31 December 2023 Note Unrestrirted Funds Restricted Funds Total Funds 2023 Total Funds 2022 Funds Reconciliation Bank and Cash at Start of year Net movement in funds 89.765 10,785 55,962 7.301 14S,727 18,086 137.643 8,084 Bank and Cash at end of year l(K),550 63,263 163,813 145,727 Bank & Cash Balances Bank Current Accounts 163.813 145,727 Fixed Assets Fixed Assets 2.527,333 2.684.028 Other Assets Gift Aid receivable on donations 15,979 16,151 Investments General Investment Fund 18.791 18,775 Liabilities Church 8uilding Bank Loan Opening Balance Interest Loan Repayments 12,177 112.177) Closing Balance Approved by the Kirk Session at a meeting on 22nd ottober 2024 and signed on its behalf by: Name: L4Y Signature- Signature- Date.. IL Date:
an DRUMINNIS CONGREGATION OF TrIE PRESBYTERIAN CHURCH IN IREiAND NOTES TO THE ACCOUNTS 31 December 2023 ACCOUNTING POUCIES BASIS OF FINANCIAL STATEMENTS As the totsl income of congregati¢M is less than £250.(XX) the congregation have elected in accordance with the w0visic5 in The Charities (Accounts and Rewrts Regulations {Northern Irelarnl) 2015 to prepare its accwnts on a receipts and payments basis. FUNO ACCOUNTING Endowrnent funds are funds, the capitsl of which must be retsined either perrnanently or at ton8regatlon's discretion", the income derived from endowment is to iE used either as restricted or unrestricted income funds depending UFon the pur[rae for which the endowment was established in the first rAace. Restricted funds comprise la) income from endowments which is to be expended only on the restricted purposes intended lry the don and {bl revenue donations or grants a specific con8regational activity intended by the donor. Where these funds have unspent balances, irrterest their {ed investment is apportioned to the irdividual funds on an average balance basi& 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 Unrestrlcted Funds Restrirted Funds Total Total 2022 Recorded givin8 Lts)se tollettions Donations and gifts Gift Aid 71.702 8.993 4,596 1,310 2,318 80,695 4.596 1,310 16.151 84,102 3,167 13,833 19,048 85,535 17,217 102,752 107,119
DRUMINNIS CONGREGATION OF THE PRES8YfERIAN CHURCH IN IRELAPID NOTES TO THE ACCOUNTS 31 December 2023 CHARrrABLE AcnvmES Unrestrirted RestrKted Funds Funds Total 2023 Total 2022 Income from activities Income from organisations Grants 916 916 3.452 2.345 397 5.898 1.159 3.452 2.345 916 5.797 6.713 7.454 INVESTMENT INCOME Unrestrirted Funds Restrirted Funds Total 2023 Total 2022 Deposlt interest 1.923 1,923 OTHER INCOME Unrestrirted Funds Restricted Funds Total 2023 Total 2022 Other interest 545 61 545 61 RAISING FUNDS Unrestrirted Funds Restrirted Funds Total 2023 Total 2022 FWO envelopes 475 475 475 475 475 475
Presbyter an DRUMINNIS CONGREGATION OF THE PRESBYTERIAP4 CHURCH IN IRELAND NOTES TO THE ACCOUNTS (convd) 31 December 2023 CHARrrABLE AcnvmES Unrestrlrted Restrlcted Funds Funds Total 2023 Total 2022 General Assembly A55essments Presbytery fees Ministry and supwrt stsff costs Congregational running expense5 Donations to missi(¥ and charities 11.764 395 27,133 24.198 11,764 395 27.133 36,172 10.945 14.868 367 26,017 37.120 11,822 11,974 10.045 64.3 22,019 86,409 90,194 FIXED ASSErs The congregatlon the Church wemises situated at 146 Hamiltonsbawn Road. Arma8h B T60 ILY and the associated fixtures, fittin8s, plant and machinery. These have an insur3re value of £2.684.028. INVESTMENTS The congregation has the folloThn8 investments. Am¢xmts are sPK)wn at market valuation. 2023 2022 General Investrnent Fund 18,791 18.775 18,791 18,775
an DRUMINNIS CONGREGATION OF THE PRE5BYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS Iconvd) 31 t>ecember 2023 10. FUND BALANCES Surplus1 Deficlt clonI Transfer Openln8 Recelpts Payrnents Closlng Restrirted Funds General Account Property/Repair Sunday School 45 50.436 1,451 828 458 433 1.761 550 6,667 7,715 221 1.290 1.253 5,092 1,170 550 10.045 3,677 (3.378) 13.333) 4,038 54,474 221 1.672 647 1.475 450 1.511 1.055 597 3.362 29 54,474 1.672 1.475 450 3,511 1.055 597 643 1.261 4.014 1.876 503 Chatterbox 88 Youth Club Owls 1.078 1706) 47 55.962 23,958 22,019 1.939 57,901 5,362 63,263 Unrestrlcted Funds General Account 89,765 88.036 71,889 16.147 105,912 15,362} I,550 89,765 88,036 71,889 16.147 105,912 (5,3621 1(N),550 Funds Totsl 145,727 111,994 93,908 18.086 163.813 163,813