Drumlee Congregation of the Presbyterian Church in Ireland Statement of Financial Activity (Receipts and Payments Account) for the year ended 31 December 2022
| Note Receipts Donations and Legacies 2 Charitable Activities 3 Other Trading Activities 4 Investment Income 5 Other 6 Sale of Investments Sale of Fixed Assets Loans Received |
Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 21,336 6,930 - 28,266 30,542 - 3,522 - 3,522 2,544 - 4,365 - 4,365 3,432 319 1,001 - 1,320 1,873 - - - - 1,231 |
|---|---|
| 21,654 15,818 - 37,472 39,622 - - - - - - |
|
| Total Receipts | 21,654 15,818 - 37,472 39,622 |
| Payments Raising Funds 7 Charitable Activities 8 Investment Costs Other 9 Losses on Investments Purchase of Fixed Assets Loan Repayments |
- - - - 589 10,466 13,967 - 24,433 35,243 - - - - - - - |
| 10,466 13,967 - 24,433 35,833 - - - - 4,528 - - - - |
|
| Total Payments | 10,466 13,967 - 24,433 40,360 |
| Net Receipts / (payments) | 11,189 1,850 - 13,039 739 - |
| Transfer between funds Net Movement in Funds Funds brought forward Funds carried forward |
- - |
| 11,189 1,850 - 13,039 739 - 23,217 179,898 - 203,115 203,853 |
|
| 34,406 181,748 - 216,154 203,115 |
Drumlee Congregation of the Presbyterian Church in Ireland
Statement of Assets and Liabilities
As at 31 December 2022
| Note Funds Reconciliation Bank and Cash at start of the year Net Movement in Funds Bank and Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand Other Assets Fixed Assets 10 - Buildings - value insured - Fixtures, Fittings & Equipment - Vehicles Investments 11 Gift Aid receivable on donations Liabilities Loans No other known liabilities |
Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 23,217 179,898 - 203,115 203,853 11,189 1,850 - 13,039 739 - |
Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 23,217 179,898 - 203,115 203,853 11,189 1,850 - 13,039 739 - |
|---|---|---|
| 34,406 181,748 - |
216,154 203,115 |
|
| 70,500 70,500 145,642 132,596 12 19 |
||
| 216,154 203,115 |
||
| 1,320,936 1,296,656 4,528 4,528 - - - - |
||
| 1,325,464 1,301,184 |
||
| - - - - |
||
| - - |
Drumlee Congregation of the Presbyterian Church in Ireland
Notes to the Accounts 31 December 2022
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
| Donations and Legacies | |
|---|---|
| Recorded giving: Loose collections Donations and Gifts Gift Aid Legacies and Bequests |
Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 350 1,104 - 1,454 736 17,537 5,312 - 22,848 26,365 3,449 514 3,963 3,441 - - |
| 21,336 6,930 - 28,266 30,542 |
3 Charitable Activities
| Income from Charitable activities: Fees from weddings and funerals Fundraising events Membership Fees Grants |
Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 - 800 800 1,400 - 1,572 1,572 455 - 150 150 - - 1,000 1,000 688 |
|---|---|
| - 3,522 - 3,522 2,544 |
4 Other Trading Activities
| Letting of premises Trading Income |
Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 - 1,165 - 1,165 432 - 3,200 - 3,200 3,000 |
|---|---|
| - 4,365 - 4,365 3,432 |
Drumlee Congregation of the Presbyterian Church in Ireland
Notes to the Accounts (continued)
31 December 2022
5 Investment Income
| Deposit Interest General Investment Fund Wayleave Other investment income |
Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 319 4 - 323 316 - - - 154 154 150 - 843 843 1,407 |
|---|---|
| 319 1,001 - 1,320 1,873 |
6 Other Income
| 6 Other Income |
|
|---|---|
| Insurance Claims Other Income 7 Raising Funds FWO Envelopes Fundraising Events 8 Charitable Activities General Assembly Assessments Presbytery Fees Ministry and Support Staff Costs Congregational running expenses Donations to Missions and Charities Governance Costs 9 Other Expenditure Investment Properties expenses |
Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 - - - - 1,231 - - - - - |
| - - - - 1,231 |
|
| Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 - - - - 589 - - - - - |
|
| - - - - 589 |
|
| Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 1,252 - - 1,252 2,802 193 - 193 125 3,778 - 3,778 9,352 5,243 8,966 14,209 17,784 - 5,001 5,001 4,180 - - - 1,000 |
|
| 10,466 13,967 - 24,433 35,243 |
|
| Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 - - - - - |
|
| - - - - - |
10 Fixed Assets
The congregation owns the Church premises situated at 12 Drumlee Road, the church hall and the associated fixtures and fittings, plant and machinery. These have an insurance value of £1,325,464.
11 Investments
The congregation has no investments.
| General Investment Fund Property Other Investments |
Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 - - - - - - - - - - - - - - - |
|---|---|
| - - - - - |