an
KNAPPAGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)
for the year ended 31 December 2023
Note
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Recelpts
Donations and legacies
Charitable activities
Other trading activities
Investment Income
Other
45580
45094
1552
90674
1552
103619
2050
115
2811
115
2811
453
116
Sale of Investments
Sale of fixed assets
Loans Received
Total Receipts
48506
46646
95152
106238
Payments
Raising funds
Charitable activities
Investment costs
Other
47089
16321
63410
56463
13106
13106
15000
Purchase of Investments
Purchase of fixed assets
Loan Repayments
52191
52191
22191
Total Payments
47089
81618
128707
93654
Net receipts / {payments)
Transfers between funds
1417
-4000
-34972
4000
-33555
12584
Net movement in funds
Funds brought forwaid
-2583
36281
-30972
53455
-33555
89736
12584
77152
Funds carried forward
12
33698
22483
56181
89736

an
KNAPPAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF Assrfs AND LIABIUTIES
As at 31 December 2023
Unrestrlcted
Funds
Restrlrted Endowment
Funds
Fund5
Total
Funds
2023
Total
Fund5
2022
Funds Reconclllatlon
Bank and Cash at Start of year
Net movement in funds
36281
-2583
53454
-30971
89735
-335S4
77152
12584
Bank and Cash at end of year
33698
22483
56181
89736
Bank & Cash Balances
Bank Deposlt Accounts
Bank Current Accounts
Cash In Hand
33698
22018
465
55716
465
88376
1360
56181
89736
Other Asset$
Flxed Assets- Note 10
Church Premises
Fixtures, Fittings & Equipment
Vehi¢les
Investments- Note 11
Gift Aid receivable on donations
1239
1137
1239
1137
Uabllltles
Loans
Other
152000
204000
152txJo
204rMJo
Approved by the Kirk Sesslon at a meeting on 2nd March 2024 and signed on its behalf by
Ivan Thompson
Joh Rolls
2ftd March 2024
2 March 2024
10

an
KNAPPAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
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 Report5 Regulations {Northern Ireland)
2015 to prepare its accounts on a receipts and payments basis.
FUND ACCOUNTING
Endowment fund5 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 la) 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
2023
Total
2022
Recorded giving:
Loose collections
Donations and gifts
Gift Aid
Legacies and bequest
36661
1410
175
33913
1250
500
9431
70574
2660
675
16765
76355
8621
4856
13787
7334
45580
45094
90674
103619
11

an
KNAPPAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restrlcted Endowment
Funds
Funds
Total
2023
Total
2022
Income from charitable activities
Fees from weddings and funerals
Fundraising events
Membership fees
Grants
1552
1552
1850
200
1552
1552
2050
4. OTHER TRADING ACTIVITIES
Unrestrlcted
Funds
Restrlcted Endowment
Funds
Funds
Total
2023
Total
2022
Letting of premlses
Trading income
INVESTMENT INCOME
Unrestrlcted
Funds
Restricted Endowment
Fund5
Fund5
Total
2023
Total
2022
Deposit interest
General Investment Fund
Rents investment properties
Other investment Income
91
91
90
25
24
24
338
115
115
453
12

an
KNAPPAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
OTHER INCOME
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Lislooney shared expenses
Un-cashed cheque
Power Nl
Other income
1183
iooo
600
28
1183
iooo
600
28
116
2811
2811
116
RAISING FUNDS
Unrestrlcted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Fundraising events
CHARITABLE ACTIVITIES
Unrestrlcted
Funds
Restrlcted Endowment
Funds
Fund5
Total
2023
Total
2022
General Assembly Assessments
Ministry and support staff costs
Congregational running expenses
Donations to Missions & charities
7470
23444
16175
7470
23444
19796
12700
7090
21996
18678
3621
12700
8699
47089
16321
63410
56463
13

an
KNAPPAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
OTHER EXPENDITURE
Unrestrlcted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Building expenses
13106
13106
15000
13106
13106
15000
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, fittingsfy plant and machinery.
11. INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation.
2023
2022
General Investment Fund
1239
1137
1239
1137
14

an
KNAPPAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
12. FUND BALANCES
Fund
Balance
at Start
Receipts Payment Surplus / Transfer
(Deflclt)
Balance
at end
Unrestricted Funds
General
36281
48506
47089
-2583
-4000
33698
36281
48506
47089
-2583
-4000
33698
Restricted Funds
Building/Repairs
pw
Connect/Gateway
Bowling Club
United Appeal
General Missions Fund
52211
157
753
334
35394
500
1552
66220
535
2663
-30826
-35
21385
122
642
334
1000
3464
5736
3464
8736
3000
53455
46646
81618
-30861
4000
22483
Endowment Funds
General Investment
1137
102
102
1239
Total
90873
95254
128707
-33342
4000
57420
15