an
REDROCK CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)
For the year ended 31 December 2022
Unrestricted
Funds
Restricted
Funds
Total
2022
Total
2021
Note
Receipts
Donations and legacies
Charitable activities
Other income
58,012
2,581
130
54,682
13,502
42
112,694
16,083
172
122,455
11,507
156
60,723
68,226
128,949
134,118
100,000
Loan Received
Total Receipts
60,723
68,226
128,949
234,118
Payments
Charitable activities
Purchase of fixed assets
Loan repayments
Loan interest and charges
57,301
36,461
10,000
31,132
344
93,762
10,000
31,132
344
74,840
135,101
20,372
594
Total Payments
57,301
77,937
135,238
230,907
Net receipts/(payments)
3,422
(9,711)
{6,289)
3,211
Transfers between funds
3,661
13,661)
Net movement in funds
7,083
{13,372)
{6,289)
3,211
Funds brought forward
13,107
63,709
76,816
73,605
Funds carried forward
20,190
50,337
70,527
76,816

an
REDROCK CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2022
Note Unrestricted
Funds
Restricted
Funds
Total
Funds
2022
Total
Funds
2021
Funds Reconclllation
Bank and Cash at start of year
Net movement in funds
13,107
7,083
63,709
(13,372)
76,816
{6,289)
73,605
3,211
Bank and Cash at end of year
20,190
50,337
70,527
76,816
Bank and Cash Balances
Bank Current Accounts
70,527
76,816
Fixed Assets
Fixed Assets
3,208,228
2,482,284
Other Assets
Gift Aid receivable on donations
13,341
16,470
Liabilitles
PCI Loan
CFI Loan
16,666
88,505
33,333
98,183
105,171
131,516
Approved by the Kirk Session at a meeting on 26th October 2023 and signed on its behalf by
fs
Sam Finlay
Arnold 81ack
26th October 2023
26th October 2023

an
REDROCK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2022
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
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
Unrestrlcted
Funds
Restrlcted
Funds
Total
2022
Total
2021
Recorded giving
Loose collections
Donations and gifts
Gift Aid
Legacies and bequests
49,438
164
1,245
7,165
33,334
3,141
3,902
9,305
5,000
82,772
3,305
5,147
16,470
5,000
98,840
3,533
8,062
12,020
58,012
54,682
112,694
122,455

an
REDROCK CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2022
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Total
2022
Total
2021
Income from charitable activities
Grants
2,581
8,303
5,199
10,884
5,199
8, 104
3,403
2,581
13,502
16,083
11,507
OTHER INCOME
Unrestricted
Funds
Restricted
Funds
Total
2022
Total
2021
Deposit interest
130
42
172
156
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restrlcted
Fund5
Total
2022
Total
2021
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Congregational running expenses
Donations to Missions and charities
12,368
360
28,936
15,637
12,368
360
28,936
41,784
10,314
12,905
360
28,021
25,449
8,105
26,147
10,314
57,301
36,461
93,762
74,840

an
REDROCK CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2022
FIXED ASSETS
The congregation owns the Church premises situated at Redrock Road, Collone and the associated
fixtures and fittings. The Manse at Newry Road, Armagh is also owned by the congregation. These have
a total insurance value of £3,208,228 at last renewal date, 31 October 2022.
LOANS
PCI Loan
CFI Loan
Total
2022
Total
2021
Opening balance
Loan received
Loan repayments
Loan interest
33,333
98,183
131,516
50,000
100,000
(20,372)
1,888
(16,6671
{14,465}
4,787
(31,1321
4,787
Closing balance
16,666
88,505
105,171
131,516
Loan interest on PCI Loan is recorded in the Statement of Financial Activity (Receipts and Payments
Account).
Loan interest on CFI Loan is charged and recorded on the CFI loan account.

an
REDROCK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2022
8. FUND BALANCES
Fund
Balance
at start
Receipts Payment5 Surplus / Transfer
(Deficit)
Balance
at end
Unrestricted Funds
No l General Account
13,107
60,723
57,301
3,422
3,661
20,190
13,107
60,723
57,301
3,422
3,661
20,190
Restricted Funds
No l General Account
No 2 Property Account
No 3 Sunday School Account
General Investment Account
'The Rock, PW Account
Boys, Brigade
Girls, Brigade
Saturday Night Extra
Youth Club
Bowling Club
12,599
39,839
180
9,738
2,861
51,339 {11,500)
1,482
(1,302)
{2,861)
45,804
1,769
7,683
164
1,389
2,040
81
4,268
511
34,304
467
7,683
257
1,291
2,920
81
2,650
684
570
10,167
5,660
477
9,865
4,680
93
302
980
(400)
{100)
(1,280)
491
188
168
(1,468)
323
{1501
(150)
63,709
68,226
77,937
19,711)
13,661)
50,337
Total
76,816
128,949
135,238
(6,2891
70,527