ST ANDREW'S BANGOR CONGREGATION OF THE PRESBYTERIAN 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
Receipts
Donations and legacies
Charitable activitie5
Oth er tradi ng activities
Investment Income
Loans
Other
121,275
86,359
1,489
207,634
1,489
4,607
20
240,286
300
3,265
4,607
20
2,248
Total Receipts
125,882
87,868
213,750
246,099
Payments
Raising funds
Charitable activities
Other Expenditure
570
111,397
570
159,263
21,778
660
243,682
3,637
47,866
21,778
10
Total Payments
111,967
69,644
181,611
247,979
Net receipts / (payments)
Transfers between funds
13,915
14,437}
18,224
4,437
32,139
11,8801
Net movement in funds
Funds brought forward
9,478
80,299
22,661
139,996)
32,139
40,479
11,8801
42,359
176
Funds carried forward
12
89,777
(17,335)
176
72,618
40,479
17

ST ANDREW'S BANGOR CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2023
Unrestricted
Fund5
Restricted
Funds
Endowment
Funds
Total
Funds
2023
Total
Funds
2022
Funds Reconciliation
Bank and Cash at start of year
Net movement in funds
80,299
9,478
(39,9961
22,661
176
40,479
32,139
42,359
11,880}
Bank and Cash at end of year
89,777
117335)
176
72,618
40,479
Bank & Cash Balances
Ban1( Deposit Accounts
Bank Current Accounts
Cash in Hand
71,327
1,291
38,914
1,565
72,618
40,479
Other Assets
Fixed Assets- Note 11
Church Premises
Gift Aid receivable on donations
7,733
12,548
7,733
12,548
Liabilities
Creditor5
Loans
202,000
219,156
Approved by the Kirk Session at a meeting on 8 May 2024 and signed on its behalf by
_j ) &kJ-
Rev Mark Johnston
Mr David Hooks
18

ST ANDREW'S BANGOR 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 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 lal income from endowmonts which is to be expended only on the restricted
purposes intended by the donor and Ibl revenue donations or Erants 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 basi5.
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
Fund5
Restricted
Funds
Endowment
Funds
Tota
2023
Total
2022
Recorded giving:
Loose collections
Donations and gifts
Gift Aid
Legacies and bequest
4,238
99,644
17,393
4,238
173,251
30,145
4,262
209,041
26,983
73,607
12,752
121,275
86,359
207,634
240,286
19

ST ANDREW'S BANGOR CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Income from charitable activities
Fundraising events
Membership fees
Grant5
1,489
1,489
300
1,489
1,489
300
OTHER TRADING ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Letting of premises
Trading income
4,607
4,607
3,265
4,607
4,607
3,265
INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Deposit interest
Other investment income
20
20
20
20
LOANS RECEIVED
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
I nterest free loans
Bank Loans
20

ST ANDREW'S BANGOR CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
OTHER INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Insurance claims
Other income
2,248
2,248
RAISING FUNDS
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
FWO envelopes
Fundraising events
570
570
660
570
570
660
CHARITABLE A￿1VITIEs
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Congregational running expenses
Donations to Missions and
charities
Loans repaid
15,938
775
40,707
53,977
15,938
775
40,707
61,846
22,841
16,076
692
38,207
49,398
26,064
7,869
22,841
17,156
17,156
113,245
111,397
47,866
159,263
243,682
21

ST ANDREW'S BANGOR CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
10. OTHER EXPENDITURE
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Building costs
21,778
21,778
3,637
21,778
21,778
3,637
11
FIXED ASSETS
The congregation owns the Church premises (including halls) situated at 111 Clandeboye Road, Bangor
and the associated fixtures, fittings, plant and machinery. These have an insurance value of £3,942,546
The congregation also owns a Manse at 27 Beechfield Avenue, Bangor valued at £439,915.
22

ST ANDREW'S BANGOR CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {cont'd)
31 December 2023
11. FUND BALANCES
Fund
Balance
at Start
Receipts
Payment Surplus / Transfer
{ Deficit}
Balance
at end
Unrestricted Funds
General Fund
80,299
125,882
111,967
13,915
14,4371
89,777
80,299
125,882
111,967
13,915
{4,4371
89,777
Restricted Funds
Development Fund
United Appeal
Religious and Charitable
Sundry Funds
Boy's Brigade
Tots & Co
Bowling Club
Presbyterian Women
Youth Fellowship
Early Birds
Sunshine Hour
Knit 'n" Natter
Loans
Spark
Ignite
Furniture Account
1277,7761
54,628
11,461
11,088
4,665
21,778
8,392
13,753
2,623
32,850
3,069
12,665)
2,042
4,907 (240,0191
13,0691
3,069
11,267
9,002
1,880
814
437
259
107
34
269
153
219,156
854
99
{6,551)
11,671
11,044
1,887
796
602
167
78
50
156
290
202,000
554
11
(6,662)
1,408
846
589
1,126
381
631
129
264
1,058
573
17,156
521
188
{1,071)
282
465
(421
11291
11641
1113}
1,237
117,1561
(200)
{1881
(1,0711
13001
13001
{50)
100
180
100
945
1,810
(I,100}
321
1100}
100
1,000
{39,9961
87,868
69,644
18,224
4,437 117,3351
Endowment Funds
Cooper Bequest
176
176
176
176
Total
40,479
213,750
181,611
32,139
72,618
23