DOWNPARICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL AcfiviTY {Receipts and Payments Account) for the year ended 31 December 2022 Note Unrestricted Fund5 Restrirted Funds Endowment Funds Total 2022 Total 2021 Receipts Donations and legacies Charitable activities Other trading activities Investment Income Other 77461 54826 132287 111948 Sale of Investments Sale of fixed assets Loans Received Total Recelpts 132287 111948 Payment5 Raising funds Charitable activities Investment costs Other 383 104489 383 124927 Purchase of Investments Purchase of fixed assets Loan Repayments Total Payments 104872 125310 Net receipts / (payments) 27415 {13362} Transfer5 between funds Net movement in funds Funds brought forward Funds carried forward 12 59292 82073
DOWNPARICK CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2022 Unrestricted Funds Restricted Endowment Funds Funds Total Funds 2022 Total Funds 2021 Funds Reconciliatlon Bank and Cash at start of year Net movement in funds 22451 82072 104523 146159 9594 {22780) (131861 (41635) Bank and Cash at end of year 32045 59292 91337 104524 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 104524 104524 Other Assets Fixed A55ets- Note 10 Church Premises PFixtures, Fittings &Equipment Vehicles 2,745,403 Investments - Note 11 Gift Aid receivable on donations 2,745,403 Liabilitles Loans Other Approved by the Kirk Session at a meeting on IIF[,1122 ] and signed on its behalf by [Namel 3z ckn ek4DLor [Datel 171q/iz IName] [Datel 27_ Jg- 23
DOWNPARICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2022 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 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 basls. 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 Unrestrlcted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 Recorded giving: Loose collections Donations and gifts Gift Aid Legacies and bequest 51380 8726 5219 12136 3240 54620 8726 55279 13662 62081 1174 36576 12117 50060 1526 77461 54826 132287 111948
DOWNPATRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTESTO THE ACCOUNTS 31 December 2022 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 Income from charitable activities Fees from weddings and funerals Fundraising events Membership fees Grants 4. OTHER TRADING ACTIVITIES Unre5trlcted Funds Restrlcted Funds Endowment Funds Total 2022 Total 2021 Letting of premises Trading income INVESTMENT INCOME Unrestrlcted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Deposit interest General Investment Fund Rents investment properties Other investment income
DOWNPATRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 OTHER INCOME Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 Insurance claims Other income RAISING FUNDS Unrestricted Funds Restrlrted Endowment Funds Funds Total 2022 Total 2021 FWO envelopes Fundraising events 383 383 383 383 CHARITABLE AcfiviTIES Unrestrlcted Funds Restrlcted Endowment Funds Funds Total 2022 Total 2021 General Assembly Assessments Presbytery fees Ministry and 5UPPOrt staff costs Congregational running expenses Donations to Missions and charities Governance costs 42014 496 4654 20317 42014 496 4654 47961 8981 41418 374 4525 63582 14645 27644 8981 67864 36625 104489 124927
DOWNPATRICK CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 OTHER EXPENDITURE Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 Investment properties expenses 10. FIXED ASSETS The congregation owns the Church premises situated at Fountain Street Downpatrick BT30 6AW, 18 Strangford Road Downpatrick BT30 6LS, and the associated fixtures These have an insurance value of £ 2,745,403 11. INVESTMENTS The congregation has the following investments. Amounts are shown at market valuation. 2022 2021 Gener31 Investment Fund Property Other investments
DOWNPATRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 12. FUND BALANCES Fund Balance at start Receipts Payment Surplus Transfer Balance at end (Deficit Unrestrlrted Funds Nol General Running Account [Name of Fund] 22451 77460 67866 9594 32045 22451 77460 67866 9594 32045 Restrlcted Fund5 No 5 Property pw Fountain Foodbank Mission and Outreach Fountain Friends Graveyard Sunday School Mission and Charities 40932 608 25774 11002 308 3221 227 6685 1387 37533 9032 27644 {209591 1204 183 40025 124921 4944 3088 19973 791 23282 14090 308 671 177 740 450 8481 3290 12550) 500 150) 8481 82072 63308 86088 122780) 59292 Endowment Funds [Name of Fund] IName of Fund] IName of Fundl IName of Fundl IName of Fundl Total 104523 140768 153954 (13186) 91337