DOWNPARICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY {Receipts and Payments Account) for the year ended 31 December 2022 Note Unrestricted Funds Restricted Endowment Funds Funds Total 2023 Total 2022 Receipts Donations and legacies Charitable activities Other trading activities Investment Income Other 77077 53672 130749 132287 Sale of Investments Sale of fixed assets Loans Received Total Recelpts 77077 53672 130749 132287 Payments Raising funds Charitable activities Investment costs Other 361 86080 361 86080 383 104489 Purchase of Investments Purchase of fixed assets Loan Repayments Total Payments 86441 86441 104872 Net receipts / {paymentsl 44308 27415 Transfers between funds Net movement in funds Funds brought forward Funds carried forward 12 91627 59292
DOWNPARICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2022 Unrestrirted Funds Restricted Endowment Funds Funds Total Funds 2023 Total Funds 2022 Funds Reconciliatlon Bank and Cash at start of year Net movement in funds 32045 59292 91337 104523 8570 (8280) 290 {13186) Bank and Cash at end of year 40615 51012 91627 91337 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 91627 91337 91627 104524 Other Assets Fixed Assets- Note 10 Church Premises PFixtures, Fittings &Equipment Vehicles 2614669 2,614669 Investments- Note 11 Gift Aid receivable on donations 2706296 2,706006 Llabilities Loans Other Approved by the Kirk Session at a meeting on [ ] and signed on its behalf by [Namel IL4¢LLtC [Datel s/f/24 [Date]
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 ba51S. FUND ACCOUNTING Endowment funds are funds, the capital of whlch must be retained elther permanently or at the congregation's discretlon; the income derlved 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 (al 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. Unrestrlcted funds are Income funds which are to be spent on the congregatlon's general purposes. Designated funds are general funds set aside by the congregation for use in the future. DONATIONS AND LEGACIES Unrestrlrt ed Funds Restrlcted Endowment Funds Funds Total 2023 Total 2022 Recorded giving: Loose collections Donations and gifts Gift Aid Legacies and bequest 50420 6308 9658 10691 13707 64127 6308 47353 12961 54620 8726 55279 13662 37695 2270 77077 53672 130749 132287
DOWNPATRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2022 CHARITABLE AcfiviTIES Unrestricted Funds Restrirted Endowment Funds Funds Total 2023 Total 2022 Income from charitable activities Fees from weddings and funerals Fundraising events Membership fees Grants 4. OTHER TRADING AcfiviTIES Unrestrlcted Funds Restrlcted Endowment Funds Funds Total 2023 Total 2022 Lettin8 of premises Trading income INVESTMENT INCOME Unrestrlcted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 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 2023 Total 2022 Insurance claims Other income RAISING FUNDS Unrestrlcted Fund5 Restrlrted Endowment Funds Funds Total 2023 Total 2022 FWO envelopes Fundraising events 361 383 361 383 CHARITABLE AcfiviTIES Unrestrlcted Funds Restrlcted Endowment Funds Funds Total 2023 Total 2022 General Assembly Assessments Presbytery fees Ministry and support staff costs Congregational running expenses Donations to Missions and charities Governance costs 44232 573 4776 19287 44232 573 4776 30669 5830 42014 496 4654 47961 8981 11382 5830 68868 17212 86080 86080 104489
DOWNPATRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {cont'd) 31 December 2022 OTHER EXPENDITURE Unrestricted Funds Restrlcted Endowment Funds Funds Total 2023 Total 2022 Investment properties expenses 10. FIXED ASSETS The congregation owns the Church premises situated at Fountain Street Downpatrick BT30 6AW, 18 Strangford Road Downpatrick 8T30 6LS, and the associated fixtures These have an insurance value of £ 2,745,403 11. INVESTMENTS The con8regation has the following investments. Amounts are shown at market valuatlon. 2023 2022 General 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 (Deficlt Unrestrlcted Funds Nol General Runnin8 Account [Name of Fundl 32045 77078 68508 8570 40615 32045 77078 68508 8570 40615 Restrlcted Funds No 5 Property pw Fountain Foodbank Mission and Outreach Fountain Friends Graveyard Sunday School Mlssion and Charities 19973 791 23282 14090 308 671 177 5946 634 33424 11761 1445 1400 472 5829 11382 15436) 810 {176) 40637 {7213) 8608 3153 1425 20 1400 (28) 14537 615 16069 17243 328 2071 149 500 5829 59292 60911 69191 18280) S1012 Endowment Funds [Name of Fund] [Name of Fund] [Name of Fund] [Name of Fund) IName of Fundl Total 91337 137989 137699 290 91627