BALLYHOLME PRESBYTERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2022 Note Unrestrirted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 Receipts Donations and legacies Charitable activities Other trading activities Investment Income Other 111,069.02 1,344.40 47,556.41 158,625.43 147,241.91 1,344.40 868.10 232.47 915.62 66,223.72 1,148.09 66,223.72 942.53 62,789.83 Sale of Investments Sale of fixed assets Loans Received Total Recelpts 112,645.89 114,695.75 227,341.64 211,842.37 Payments Raising funds Charitable activities Investment costs Other 344.71 114,119.12 344.71 301.51 205,202.81 209,160.38 91,083.69 Purchase of Investments Purchase of fixed assets Loan Repayments Total Payments 114,463.83 91,083.69 205,547.52 209,461.89 Net receipts (payments) Transfers between funds -in -out -1,817.94 23,612.06 21,794.12 2,380.48 13,077.79 2,050.00 15,127.79 15,127.79 94,482.10 15,127.79 94,482,10 Net movement in funds Net decrease in GIF investment value Funds brought fonvard 11,259.85 10,534.27 21,794.12 -4,653.14 2,380.48 -4,653.14 47,391.95 123,486.22 101,541.95 58,651.80 134,020.49 272,420.12 288,713.05 Funds carried forward 12 96,888.81 289,561.10 272,420.12 25
BALLYHOLME PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2022 Unrestrlrted Restricted Endowment Total Total Funds Funds Funds Funds Funds 2022 2021 Funds Reconcillation Bank and Cash at Start of year Net movement in funds 47,391.95 123,486.22 11,259.85 10,534.27 44,937.76 215,815.93 288,713.05 21,794.12 -72,897.12 Bank and Cash at end of year 58,651.80 134,020.49 44,937.76 237,610.05 215,815.93 Bank & Cash Balance5 Bank Deposit Accounts Bank Current Accounts Cash in Hand 3,551.26 58,430.37 130,469,23 221.43 3.551.26 3,367.34 44,937.76 233,837,36 212,157.95 221.43 290.64 58,651.80 134,020.49 44,937.76 237,610.05 215,815.93 Other Assets Fixed Assets - Note 10 Church Premises Fixtures, Fittings Equipment Vehicles Investments- Note 11 Gift Aid receivable on donations 51,951.05 96,888.81 Liabllitles Loans Other Approved by the Kirk Session at a meeting on 19 June 2023 and signed on its behalf by Rev. Peter Lyle Joan Hunter Ji Date Date 26
BALLYHOLME PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT NOTES TO THE ACCOUNTS ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total income of the congregation is les5 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 dependin8 upon the purpose for which the endowment was established in the first place. Restricted funds comprise la) 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 Unrestrirted Fund5 Restrlcted Funds Endowment Total Funds 2022 Total 2021 Recorded giving Loose collections Donations and gifts Gift Aid Legacies and bequest 81,129.70 1,557.78 22,762.79 83.68 10,486.10 5,212.85 103,892.49 1,641.46 10,486.10 22,565.38 20,040.00 99,103.27 842.13 14,967.16 21,814.35 10,515.00 17,352.53 20,040.00 120,080.01 38,545.42 158,625.43 147,241.91 27
BALLYHOLME PRESBYTERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT BALLYHOLME PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2022 3. CHARITABLE ACTIVITIES Unrestricted Restricted Fund5 Funds Endowment Total Funds 2022 Total 2021 Income from charitable activities Fees from weddings and funerals Fundraising events Membership fees Grants 540.00 328.10 1,344.40 1,344.40 1,344.40 1,344.40 868.10 4. OTHER TRADING AcfiviTIES Unrestrlrted Restrlcted Funds Funds Endowment Total Funds 2022 Total 2021 Letting of premises Trading income 5. INVESTMENT INCOME Unrestrlcted Restricted Funds Funds Endowment Funds Total 2022 Total 2021 Deposit interest General Investment Fund Rents investment properties Other investment income 0.32 915.30 0.32 1,147.77 49.82 892.71 232.47 232.47 915.62 1,148.09 942.53 28
BALLYHOLME PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT BALLYHOLME PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (convd) 31 December 2022 6. OTHER INCOME Unrestricted Restricted Funds Funds Endowment Funds Total 2022 Total 2021 Insurance claims Other income Organisations Income 893.71 300.00 65,030.01 1,193.71 295.00 65,030.01 62,494.83 893.71 65,330.01 66,223.72 62,789.83 7. RAISING FUNDS Unrestrlrted Restrlcted Funds Funds Endowment Funds Total 2022 Total 2021 FWO envelopes Fundraising events 344.71 344.71 301.51 344.71 344.71 301.51 . CHARITABLE ACTIVITIES Unrestricted Restrlcted Endowment Funds Funds Funds Total 2022 Total 2021 General Assembly Assessments Presbytery fee5 Ministry and support staff costs Congregational running expenses Donations to Missions and charities Governance costs Organisations 9,016.00 923.00 78,246.07 56.59 22,053.16 14,188.05 9,016.00 923.00 78,302.66 36,241.21 11,041.00 923.00 86,194.60 26,099.53 1,337.00 22,549.63 23,886.63 15,609.90 2,543.89 579.00 53,710.42 3,122.89 53,710.42 6,235.44 63,056.91 114,119.12 91,083.69 0 205,202.81 209,160.38 29