KNAPPAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payment5 Account)
for the year ended 31 December 2022
Note
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2022
Total
2021
Receipts
Donations and legacies
Charitable attivities
Other tradi ng activities
Investment Income
Other
44139
59480
103619
88699
200
1850
2050
453
116
453
116
168
1862
Sale of Investment5
Sale of fixed assets
Loans Received
250000
Total Receipts
44908
61330
106238
90729
Payments
Raising funds
Charitable activities
Investment costs
Other
400
49053
42532
13931
56463
15000
Isooo
53954
Purchase of Investments
Purchase of fixed assets
Loan Repayrnents
22191
22191
47191
Total Payments
42532
51122
93654
156961
Net receipts / (payments)
Transfers between funds
2376
-1338
10208
1338
12584
-59469
Net movement in funds
Funds brought forward
1038
35243
11546
41909
12584
77152
-59469
136621
Funds carried forward
12
36281
53455
89736
77152

KNAPPAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2022
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
Fund5
2022
Total
Funds
2021
Funds Reconclllation
Bank and Cash at start of year
Net movement in funds
35243
1038
41909
11546
77152
12584
136621
-59469
Bank and Cash at end of year
36281
53455
89736
77152
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
36281
52095
1360
88376
1360
76734
418
89736
77152
Other Assets
Fixed Assets- Note 10
Church Premlses
Fixtures, Fittings & Equipment
Vehicles
Investments - Note 11
Gift Aid receivable on donations
1137
1283
1137
1283
Liabllltles
Loans
Other
166000
213388
166000
213388
Approved by the Kirk Session at a meeting on 16th February 2023 and signed on its behalf by
Ivan Thompson
John Rollston
16th February 2023
16th February 2023
10

res
KNAPPAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2022
ACCOUNTING POLICIE5
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
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 15 to be used either as restricted or
unrestricted income funds depending upon the purpose for which the endowment was established in
the f irst 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
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2022
Total
2021
Recorded giving:
Loose collection5
Donations and gifts
Gift Aid
Legacies and bequest
35392
1169
1250
6328
40963
7452
3606
7459
76355
8621
4856
13787
68686
1193
3100
13720
2000
44139
59480
103619
88699
11

KNAPPAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2022
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2022
Total
2021
Income from charitable activities
Fees from weddings and funerals
Fundraising events
Membership fees
Grants
1850
1850
200
200
200
1850
2050
4. OTHER TRADING ACTIVITIES
Unrestricted
Fund5
Restricted Endowment
Fund5
Funds
Total
2022
Total
2021
Letting of premises
Trading income
INVESTMENT INCOME
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2022
Total
2021
Deposit interest
General Investment Fund
Rents investment properties
Other investment income
90
25
90
25
144
24
338
338
453
453
168
12

Pres
KNAPPAGH CONGREGATION OF THE PRES8YfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
310ecember 2022
OTHER INCOME
Unrestricted
Funds
Restrlcted
Funds
Endowment
Funds
Total
2022
Total
2021
Lislooney shared expenses
Harvest service
Carol service
Middletown PC
Other income
1575
170
65
30
86
30
86
52
116
116
1862
RAISING FUNDS
Unrestricted
Funds
Restrlcted Endowment
Funds
Funds
Total
2022
Total
2021
Fundralslng events
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2022
Total
2021
General Assembly Assessments
Ministry and support staff costs
Congregational running expenses
Donations to Missions & charities
7090
21996
13446
7090
21996
7380
20563
13371
7739
5232
18678
8699
8699
42532
13931
56463
49053
13

Pres
KNAPPAGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS Icont'd)
31 December 2022
OTHER EXPENDITURE
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2022
Total
2021
Building expenses
15000
15000
53954
15000
15000
53954
10. FIXED ASSETS
The congregation owns the Church premises situated at 11 Cavanbellaghy Road and a manse situated at
9 Elm Park Road for the minister and the associated fixtures, fittings, plant and machinery.
11. INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation.
2022
2021
General Investment Fund
1137
1238
1137
1238
14

KNAPPAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2022
12. FUND BALANCES
Fund
Balance
at start
Recelpts Payment Surplus / Transfer
(Deficit)
Balance
at end
Unrestricted Funds
General
35243
44908
42532
1038
-1338
36281
35243
44908
42532
1038
-1338
36281
Restricted Funds
8uilding/Repairs
pw
SNYF
8owling Club
United Appeal
General Mlssions Fund
41316
202
57
334
51681
270
950
40786
315
1592
10895
45
696
52211
157
753
334
1338
3220
5209
3320
5209
41909
61330
51122
11546
1338
53455
Endowment Funds
General Investment
1238
-101
-101
1137
Total
78390
106137
93654
12483
78390
15