Presbyter an CHURCH 111 IAELANO TULLYALLEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS for the year ended 31 December 2022 Registered Charity in Northern Ireland (NI IC 105149)
TULLYALLEN CONGREGATION OF TFIE PRESBYTERIAN, CFIIJRCH IN IRELAND STATEMENT OF FIN.4NCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 Deceinber 2022 Note ljnrestricted Funds Restricted Funds Endowrnent Funds Total 2022 Total 2021 Receipts Doiiatioiis and legacies CharitabIe activities Investment Income Oiher 77,354.61 71.780.49 3,828.55 149,135.10 3,828.55 133,634.73 3,071.50 29.10 395.91 1,931.58 2,i47.70 4,279.28 Total Receipts 79,286.19 77,956.74 157,242.93 137.131.24 Payments Cliaritable activities Loan repaymeiits 71,i27.73 60,610.77 132,138.50 88,338.51 3,411.30 Total Payments 71,527.73 60,610.77 132,138.50 91749.81 Net receipts / (payinents) Transt"ers between funds Net movemeiit in fLinds 7,7i8.46 17,345.97 25,104.43 45.381.43 7,758.46 17,345.97 25,104.43 45,381.43 Fuiids brought forward 19,578.01 73,539.84 93,117.85 47,736.42 Funds carried toptrvard 27,336 47 90.885.81 I l8.222.28 93.117.85
TULLI'ALLEN CONGREGATION OF THE PRESBYTERIAN CHURCH Irs, IRELAND STATENIENT OF ASSITS AND LIABILITIES for the year ended 31 Deceiiiber 2022 'ote ITnrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Funds ReconciliAtion Bank aiid Casli at start of year Net movement in t'unds 19.578.01 7,758.46 73,539.84 17,J45.97 93,117.85 25,104.43 47,736.42 45,381.43 Baiik and Casli at end of year 27.336.47 90.88i.81 118.222.28 93.117.85 Bank & Cash Balances Bank. Curreiit Accounts 118,222.28 93 117.85 Other Assets Premises at Illsliraiice value: Manse Sexton's Iiouse Church picmiscs and contents 474,490.00 146,962.00 2,401.284.00 3 022.736.00 474,490.00 146,962.00 2 401,284.00 3 022 736.00 Investineiit in Presbyteriaii Mutiial Societv (balance may not be received iii t-ull) 9 243.20 9.243.20 Approved by tlie liirk Session on 29 March 2023 and sioned on tlieir behalf by= Rev. N Reid G Hamilton
TULLYALLEN CONGREGATION OF THE PRESBYTERIAN CHIJRCH IN IRELAP4D NOTES TO THE ACCOIINTS for the year ended 31 December 2022 I. 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 (Nortliern Ireland) ?015 to prepare its accounts on a receipts and payments basis. FUND ACCOIINTING Endownent tuIids are fvnds, the capital ot- wliich must be retained eiilier permaneiitly or at the congregation's discretion, the income derived from the endownent 15 to be used eiilicr as r¢stricted or uni¢striclcd incoine fuiids dependin8 upon the purpose for which the endowment was established in the first place. Restricted funds comprise (a) iiicoiiie froin eiidowinents whicli is to be expended only on the restricted purposes intended by the donor and (b) revenue donations or grants for a specitic congregational activity intended by the donor. Vlhere tliese t.unds Iiave unspent balances, interest on tlieir pooled investment is apportioned to tlie individual tunds 011 an average balaiice basis. Unrestricted funds are income tiinds Kvhich are to be spent on the congregation's geiieral purposes. Designated funds are general funds set aside by the congregation for use in the futlire. 2. DONATIONS AND LEGACIES ITnrestricted Funds Restricted Funds Endow'nient Funds TotAI 2022 Total 2021 Freewill aiid loose ofterings Donations and gifts Gift Aid 65,681.90 402.03 11,270.68 77.354.61 51,176.5? 15.857.72 4,746.25 71.780.49 116,858.42 16.259.75 16,016.93 149.135.10 90,451.83 27,987.75 15,195.15 133 634.73 3. CI4ARITABLE ACTIVITIES Unrestricted Funds Restricted Funds Endowment Funds TotAI 2022 Total 2021 Iiicome trom charitable activities Fees from weddings and funerals 3.253.55 575.00 3.828.i5 3.253.55 575.00 3,828.55 1,258.iO 1,813.00 3,071.50 4. INVESTMENT INCOME Unrestricted Funds Restricted Funds Endow'ment Funds Total 2022 Total 2021 Deposit iiiterest 29.10 5. OTHER INCOME Unrestricted Funds Restricted Funds Endoii'ment Funds Total 2022 Total 2021 Other iiicoine 1,931.58 2.347.70 4 279.28 395.91 6. CHARITABLE ACTIVITIES Iln restricted Funds Restricted Funds Endoivment Funds Total 2022 Total 2021 General Assembly Assessments Presbytery fees Ministry and SLlPPOrt staff costs Premises costs Congregational ruiiiiiiig expenses Doiiations to Missions and Charities 12,035.37 588.00 30,927.25 12,606.74 13,770.37 1,600,00 71527.73 12,035.37 588.00 30,927.25 60,354.52 16,141.11 12,092.25 132,138,50 10,566.00 351.00 30,931.99 7.643.38 23,750.79 15,095.35 88,338.51 47,747.78 2,370.74 10.492.25 60.610.77
TIJLLYALLEN CONGREGATIors' OF THE PRESBI'TERL4IN CIII,:RCH IN IRELAND NOTES TO THE ACCOIJNTS (cont'd) for the year ended 31 Deceinber 2022 7. FUND BALANCES Balance at start Surplus (Deficit) Balance at end Receipts Payments Transfer Unrestricted Funds General 19.578.01 79,286.19 71,527.73 7,758.46 27,336.47 19,578.01 79,286.19 71,527.73 7,758.46 27,336.47 Restricted li unds Geiieral Sunday School Property maintenance Chuich new build (Ulster Bank) ChLirch new build (Danske Bank) 12,744.17 851.50 300.00 11,269.95 701.37 2,JOO.00 1,474.22 150.13 (2,000.00) 1,486.69 2,361.72 108.?3 69,583.20 1,474.22 1,636.82 361.72 108.23 87.304.82 64,061.07 46,339.45 17,721.62 73,539.84 77,956.74 60,610.77 17,345.97 90,885.81 Total 93.117.85 157 242.93 132,138.50 25 104.43 118 222.28