## **LISSARA CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY** (Receipts and Payments Account) for the year ended 31 December 2023 |||Unrestricted|Restricted|Endownment|**TOTAL**|**TOTAL**| |---|---|---|---|---|---|---| |||Funds £|Funds £|Funds £|**2023**|**2022**| |**Receipts**||||||| |Donations and
legacies|2|105308|15938|0|121246|110117| |Charitable activities|3|0|1050|0|1050|3350| |Other trading
activities|4|177|0|0|177|165| |Investment Income|5|377|12576|0|12953|12223| |Other|6|1958|12758|0|14716|10370| |**_SUB TOTALS_**||**_107820_**|**_42322_**|**_0_**|**_150142_**|**_136225_**| |||----------|----------|----------|----------|----------| |Sale of fixed assets
(Manse)|6|0|0|0|0|274402| |||----------|----------|----------|----------|----------| |**Total Receipts**||**107820**|**42322**|**0**|**150142**|**410627**| |||----------|----------|----------|----------|----------| |**Payments**||||||| |Raising funds|7|364|0|0|364|494| |Charitable activities|8|94691|22552|0|117243|107347| |Investment costs|9|31772|4686|0|36458|4044| |Purchase of fixed|9|||||| |assets - new manse||0|0|0|0|419612| |||----------|----------|----------|----------|----------| |**Total Payments**||126827|**27238**|**0**|**154065**|**531497**| |||----------|----------|----------|----------|----------| |Net receipts / (payments)||-19007|15084|0|-3923|-120870| |Transfers between funds||||||| |IN||219|1497||1716|| |Transfers between funds||||||| |OUT||0|-1716|0|-1716|5109| |||----------|----------|----------|----------|----------| |Net movement in funds||-18788|14865|0|-3923|-120870| |Funds brought forward||-35989|107633|0|71644|192514| |||----------|----------|----------|----------|| |Funds carried forward||-54777|122498|0|67721|71644| ## **LISSARA CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2023** ||**Unrestricted**|**Restricted**|**Endow-**|**Total**|**Total**| |---|---|---|---|---|---| ||**Funds**|**Funds**|**ment Funds**|**Funds 2023**|**Funds 2022**| ||£|£|£|£|£| |**Funds Reconciliation**|||||| |Bank and Cash at start of year|-35988|107632|0|71644|192514| |Net movement in funds|-19007|15084|0|-3923|-120870| |Transfer between funds|219|-219|0|0|0| ||----------|----------|----------|----------|----------| |Bank and Cash at end of year|-54776|122497|0|67721|71644| ||======-|=======|=======|=======|=======| |**Bank & Cash Balances**|||||| |Bank Deposit Accounts|0|0|0|0|0| |Bank Current Accounts|-54776|122497|0|67721|71644| |Cash in Hand|0|0|0|0|0| ||----------|----------|----------|----------|----------| ||-54776|122497|0|67721|71644| ||=======|=======|=======|=======|=======| |**Other Assets**|||||| |Fixed Assets|||||| |- Church Premises|0|0|0|0|0| |- Fixtures, Fittings & Equipment|0|0|0|0|0| |- Vehicles|0|0|0|0|0| |Investments|603|15606|0|16209|14901| |Townhouses – Rental
properties|0|123192|0|123192|123192| |Gift Aid receivable on
donations|0|0|0|0|0| |||||----------|----------| |||||139401|138093| |||||=======|=======| |Liabilities|||||| |Loans|-115111|0|0|-115111|-119137| |Other|0|0|0|0|0| |||||----------|----------| |||||-115111|-119137| |||||=======|=======| Approved by the Kirk Session at a meeting on 12th February 2024 and signed on its behalf by [Name] Rev A Burke [Name] S Matthew Cuffey [Date] 12th February 2024 [Date] 12th February 2024 ## **LISSARA CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2023** ## **1 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** 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. ## **2 DONATIONS AND LEGACIES** ||**Unrestricted**
**Funds**|
**Restricted**
**Funds**|
**Endowment**
**Funds**|
**Total**
**2023**|**Total**
**2022**| |---|---|---|---|---|---| ||£|
£|
£|
£|
£| |Recordedgiving:|85669|0|0|85669|72422| |Loose collections|1675|297|0|1972|430| |Gift Aid|14801|0|0|14801|13885| |Donations andgifts|0|12987|0|12987|19917| |Gift aid on occasional
gifts|101|2654|0|2755|3463| |Legacy|3062|0|0|3062|0| ||**105308**|**15938**|**0**|**121246**|**110117**| ## **LISSARA CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2023** ## **3 CHARITABLE ACTIVITIES** |**3 CHARITABLE ACTIVITIES**|||||| |---|---|---|---|---|---| ||**Unrestricted**
**Funds**|
**Restricted**
**Funds**|
**Endowment**
**Funds**|
**Total**
**2023**|**Total**
**2022**| ||£|
£|
£|
£|
£| |Income from charitable activities|0|0|0|0|0| |Fees from weddings and
funerals|0|1050|0|1050|3350| |Fundraisingevents|0|0|0|0|0| |Membershipfees|0|0|0|0|0| |Grants|0|0|0|0|0| ||**0**|**1050**|**0**|**1050**|**3350**| ## **4. OTHER TRADING ACTIVITIES** |**4. OTHER TRADING ACTIVITIES**|||||| |---|---|---|---|---|---| ||**Unrestricted**
**Funds**|
**Restricted**
**Funds**|
**Endowment**
**Funds**|
**Total**
**2023**|**Total**
**2022**| ||£|£|£|£|£| |Lettingofpremises|0|0|0|0|0| |Trading income - church
magazines|177|0|0|177|165| ||**177**|**0**|**0**|**177**|**165**| ## **5. INVESTMENT INCOME** |**5. INVESTMENT INCOME**|||||| |---|---|---|---|---|---| ||**Unrestricted**
**Funds**|
**Restricted**
**Funds**|
**Endowment**
**Funds**|
**Total**
**2023**|**Total**
**2022**| ||£|£|£|£|£| |Deposit interest|0|0|0|0|0| |Bank & BuildingSocietyInterest|377|0|0|377|423| |General Investment Fund|0|304|0|304|316| |Rents investmentproperties|0|12255|0|12255|11466| |Other investment income|0|17|0|17|18| ||**377**|**12576**|**0**|**12953**|**12223**| ## **LISSARA CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND** **NOTES TO THE ACCOUNTS (cont’d) 31 December 2023** ## **6 OTHER INCOME** |**6 OTHER INCOME**|**6 OTHER INCOME**|||||| |---|---|---|---|---|---|---| |||**Unrestricte**
**d Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2023**|**Total**
**2022**| |||**£**|**£**|**£**|**£**|**£**| |Sale of manse||0|0|0|0|274402| |Other income –grants||0|0|0|0|0| |Miscellaneous income – from BB, GB, PW||0|11325|0|11325|9181| |Miscellaneous
income||1958|1433|0|3391|1189| |||**1958**|**12758**|**0**|**14716**|**284772**| |**Overall Total**
**Incomes**||**107820**|**42322**|**0**|**150142**|**410627**| ## **7 RAISING FUNDS** |**7 RAISING FUNDS**|**7 RAISING FUNDS**|||||| |---|---|---|---|---|---|---| |||**Unrestricte**
**d Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2023**|**Total**
**2022**| |||£|£|£|£|£| |FWO envelopes||364|0|0|364|494| |Fundraisingevents||0|0|0|0|0| |||**364**|**0**|**0**|**364**|**494**| ## **8 CHARITABLE ACTIVITIES** |**8 CHARITABLE ACTIVITIES**|**8 CHARITABLE ACTIVITIES**|||||| |---|---|---|---|---|---|---| |||**Unrestricte**
**d Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2023**|**Total**
**2022**| |||**£**|**£**|**£**|**£**|**£**| |General AssemblyAssessments||24613|0|0|24613|23031| |Presbyteryfees||826|0|0|826|721| |Ministryand support staff costs||44319|44|0|44363|42614| |Congregational runningexpenses||12935|9962|0|22897|17673| |Donations to Missions and charities||0|9614|0|9614|10223| |Governance costs||11998|2933|0|14931|13085| |||**94691**|**22553**|**0**|**117244**|**107347**| ## **LISSARA CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND** ## **NOTES TO THE ACCOUNTS (cont’d) 31 December 2023** ## **9 OTHER EXPENDITURE** |**9 OTHER EXPENDITURE**|||||||| |---|---|---|---|---|---|---|---| ||**Unrestricted**
**Funds**||**Restricted**
**Funds**||**Endowment**
**Funds**|**Total**
**2023**|**Total**
**2022**| |||£||£|
£|
£|
£| |Investment properties
expenses||0||4686|0|4686|4044| |Purchase and upgrade new
manse||31772||**0**|**0**|31772|419612| |||**31772**||**4686**|**0**|**36458**|**423656**| ||||||||| |**TOTAL EXPENDITURE**||**126826**||**27238**|**0**|**154064**|**531497**| ## **10. FIXED ASSETS** The congregation owns the Church premises situated at The Square, Crossgar, a manse for the minister and the associated fixtures, fittings, and equipment. ## **11. INVESTMENTS** The congregation has the following investments. Property is shown at cost, other investments are shown at market valuation. |||||**2023**|**2022**| |---|---|---|---|---|---| |||||**£**|
**£**| |General Investment Fund||||15606|14311| |Property (2 townhouses)||||123192|123192| |Other investments||||603|590| |||||----------|----------| |||||**139401**|**138093**| ## **12. FUND BALANCES** |**Fund**|**Balance**
**at start**|**Receipts**|**Payment**|**Surplus /**
**(Defcit)**|**Transfer**|**Balance**
**at end**| |---|---|---|---|---|---|---| ||£|£|£|£|£|£| |**Unrestricted Funds**||||||| |Income and Expenditure|109222|107299|94534|219|0|122206| |Manse Movement Fund|-145210|521|32293|0|0|-176982| |**Sub Total Unrestricted**|-35988|107820|126827|219|0|-54776| |||||||| |**Restricted Funds**||||||| |Boys' Brigade Fund|3316|5285|3739|0|0|4862| |BuildingFund/FinlayMemorial|14572|3979|138|1459|0|19872| |CemeteryCapital Account|4146|0|0|0|0|4146| |CemeteryFund|16116|1050|2052|0|0|15114| |Choir Fund|488|0|0|22|0|510| |Church Missions & Charities
Fund|3706|8724|8214|0|0|4216| |FundraisingFund|6182|0|0|0|0|6182| |Girls' Brigade Fund|17075|3890|3796|0|0|17169| |Interest/Dividends Fund|0|322|64|0|-258|0| |Killinchy Woods SS Capital
Fund|10|0|0|10|0|20| |Killinchy Woods SS Current
Fund|311|0|0|0|0|311| |Lowry- Upkeepof Grave Fund|213|0|0|7|0|220| |McIlwrath - Upkeep of Grave
Fund|1000|0|0|0|0|1000| |Ministers Fund|0|0|0|0|0|0| |Presbyterian Children’s
Society|1185|889|1000|0|0|1074| |PW Fund|810|2149|2427|0|0|532| |Robinson - Upkeepof Grave|1434|0|0|0|0|1434| |Shields - Upkeepof Grave|1346|0|0|0|0|1346| |Suspense Fund|3259|3012|1623|0|-1459|3189| |Townhouses Development
Fund|31026|12255|3786|0|0|39495| |World Development Fund|-327|767|400|0|0|40| |Youth Club Fund|1763|0|0|0|0|1763| |**Sub total Restricted**|107632|42322|27239|1498|-1717|122496| |**Total**|**71644**|**150143**|**154065**|**1717**|**-1717**|**67720**|