Drumlee Congregation of the Presbyterian Church in Ireland Statement of Financial Activity (Receipts and Payments Account) for the year ended 31 December 2023
| 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 2023 Total 2022 21,696 8,168 - 29,864 28,266 - 2,702 - 2,702 3,522 - 3,393 - 3,393 4,365 339 1,027 - 1,366 1,320 - - - - - 22,035 15,289 - 37,324 37,472 - - - - - - |
|---|---|
| Total Receipts | 22,035 15,289 - 37,324 37,472 |
| Payments Raising Funds 7 Charitable Activities 8 Investment Costs Other 9 Losses on Investments Purchase of Fixed Assets Loan Repayments |
- - - - - 13,249 17,405 - 30,654 24,433 - - - - - - - 13,249 17,405 - 30,654 24,433 - - 1,079 1,079 - - - - - |
| Total Payments | 13,249 18,484 - 31,733 24,433 |
| Net Receipts / (payments) | 8,786 3,195 - - 5,592 13,039 |
| Transfer between funds Net Movement in Funds Funds brought forward Funds carried forward |
- - 8,786 3,195 - - 5,592 13,039 34,406 181,748 - 216,154 203,115 |
| 43,192 178,553 - 221,746 216,154 |
Drumlee Congregation of the Presbyterian Church in Ireland
Statement of Assets and Liabilities
As at 31 December 2023
| 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 2023 Total 2022 34,406 181,748 - 216,154 203,115 8,786 3,195 - - 5,592 13,039 |
Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 34,406 181,748 - 216,154 203,115 8,786 3,195 - - 5,592 13,039 |
|---|---|---|
| 43,192 178,553 - |
221,746 216,154 |
|
| 70,500 70,500 151,244 145,642 2 12 |
||
| 221,746 216,154 |
||
| 1,320,936 1,320,936 5,606 4,528 - - - - |
||
| 1,326,542 1,325,464 |
||
| - - - - |
||
| - - |
Drumlee 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
| Donations and Legacies | |
|---|---|
| Recorded giving: Loose collections Donations and Gifts Gift Aid Legacies and Bequests |
Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 450 1,769 - 2,220 1,454 17,640 5,761 - 23,401 22,848 3,606 638 4,243 3,963 - - |
| 21,696 8,168 - 29,864 28,266 |
3 Charitable Activities
| Income from Charitable activities: Fees from weddings and funerals Fundraising events Membership Fees Grants |
Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 - 50 50 800 - 1,502 1,502 1,572 - 150 150 150 - 1,000 1,000 1,000 |
|---|---|
| - 2,702 - 2,702 3,522 |
4 Other Trading Activities
| Letting of premises Trading Income |
Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 - 213 - 213 1,165 - 3,180 - 3,180 3,200 |
|---|---|
| - 3,393 - 3,393 4,365 |
Drumlee Congregation of the Presbyterian Church in Ireland
Notes to the Accounts (continued)
31 December 2023
5 Investment Income
| Deposit Interest General Investment Fund Wayleave Other investment income Other Income Insurance Claims Other Income Raising Funds FWO Envelopes Fundraising Events Charitable Activities General Assembly Assessments Presbytery Fees Ministry and Support Staff Costs Congregational running expenses Donations to Missions and Charities Governance Costs Other Expenditure Investment Properties expenses |
Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 339 41 - 380 323 - - - 171 171 154 - 815 815 843 |
|---|---|
| 339 1,027 - 1,366 1,320 |
|
| Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 - - - - - - - - - - |
|
| - - - - - |
|
| Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 - - - - - - - - - - |
|
| - - - - - |
|
| Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 1,064 - - 1,064 1,252 270 - 270 193 3,480 - 3,480 3,778 8,436 15,055 23,491 14,209 - 2,350 2,350 5,001 - - - - |
|
| 13,249 17,405 - 30,654 24,433 |
|
| Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 - - - - - |
|
| - - - - - |
6 Other Income
7 Raising Funds
8 Charitable Activities
- 9 Other Expenditure
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 £1,320,936
| Fixed Asset Additions Other Investments |
Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 1,079 - 1,079 - - - - - - |
|---|---|
| - 1,079 - 1,079 - |
Drumlee Congregation of the Presbyterian Church in Ireland
Notes to the Accounts (continued)
31 December 2023
11 Investments
The congregation has no investments.
| to the Accounts (continued) cember 2023 Investments The congregation has no investments. |
|
|---|---|
| General Investment Fund Property Other Investments |
Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 - - - - - - - - - - - - - - - |
| - - - - - |