an FIRST DONAGHADEE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2022 Note Unrestrlrted Restrlcted Fund5 Funds Total 2022 Total 2021 Recelpts Donations and legacles Charitable activities Other trading activities Investment Income Other 59,382 3,794 15,774 4,104 27,774 loo 7,050 84 87,156 3,894 12,824 4,188 81,006 5,780 12,139 4,045 Total Recelpts 83,052 35,008 118,062 102,970 Payments Raislng funds Charitable activitles 544 70,198 544 94,678 575 70,725 24,480 Total payment5 70,742 24,480 95,222 71,300 Net recelpts Transfers between funds 12,312 -758 10,528 758 22,840 31,670 5urplu5 for the year 11,554 11,286 22.840 31,670 Funds brought forward 28,390 54,755 83,145 51,475 Funds carried forward 39,944 66,041 105,985 83,145
Presbyterian FIRST DONAGHADEE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2022 Note Unrestricted Fund Restrlcted Total Funds Funds 2022 l otal Funds 2021 Funds Reconclllatlon Cash at bank and in hand 31.12.21 Surplus / Ideficltl for the year 28,390 11,554 54.755 11,286 83,145 22,840 51,475 31,670 Cash at bank and in hand 31.12,22 39,944 66,041 105,985 83,145 Bank & Cash Balances Bank Current Accounts 105,985 83,145 other Assets liivesimenls 119,556 119,556 Approved by the Klrk Sesslon at a meetin8 011 202 3 and signed on Its behalf by: Alexander D Trustee Tom Jo Trustee slon
an FIRST DONAGHADEE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) Year ended 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 capltal 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. Restrlcted funds comprise (a) income from endowments which Is to be expended only on the restricted purposes Intended by the donor and Ib} revenue donations or grants for a speclflc 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. Desi8nated funds are general funds set aside by the congregation for use in the future. DONATIONS AND LEGACIES Unrestrlcted Funds Restrlcted Funds Total 2022 Total 2021 Recorded givlng: Donations and gifts 52,134 24,472 76,606 70,161 Gift Aid 7,248 3,302 10,550 10,845 59,382 27,774 87,156 81,006 CHARITABLE ACTIVITIES Unrestrlrted Funds Restrlcted Funds Total 2022 Total 2021 Fundraising events 3,794 100 3,894 5,780 10
an FIRST DONAGHADEE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (convd) Year ended 31 December 2022 OTHER TRADING ACTIVITIES Unrestrlrted Restrlcted Funds Funds Total 2022 Total 2021 Letting of premises 15,774 7,050 22,824 12,139 INVESTMENT INCOME Unrestrlrted Re5trlcted Funds Funds Total 2021 Total 2020 Deposit Interest Other Investment Income 23 4,081 84 107 4,081 47 3,998 4,104 84 4,188 4,045 RAISING FUNDS Unrestrlcted Funds Restrlcted Funds Total 2022 Total 2021 FWO envelopes 544 544 575 11
an FIRST DONAGHADEE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) Year ended 31 December 2022 CHARITABLE ACTIVITIES Unrestrlcted Funds Restrlcted Funds Total 2022 Total 2021 General Assembly Assessments Presbytery fees Ministry and support staff costs Congregational running expenses Donations to Missions and charlties Governance costs 35,967 722 15,065 18,988 35,967 722 15,065 26,530 16,938 15,581 722 21,525 21,033 11,864 7,542 16,938 70,742 24,480 95,222 70,725 FIXED ASSETS The congregatlon owns the Church premises situated at 20 High Street, Dona8hadee and the manse at 5 Meeting House Polnt, Donaghadee and the assoclated fixture5, fittlngs, plant and machinery. These have an insurance value of £3,063,331. INVESTMENTS The congregation has the following investments. Amounts are shown at market valuation. 2022 2021 Other investments 112,926 108.454 12