Presbyter
an
TULLYALLEN CONGREGATION OF THE
PRESBYfERIAN CHURCH IN IRELAND
FINANCIAL STATEMENTS
for the year ended 31 December 2023
Registered Charity In Northern Ireland (NIC 105149)

TLryLYALLEN CONGREGATION OF THE PRESBYTERIA.N4 CHITRCH IN IRELIND
NOTES TO THE ACCOITNrs
for the year ended 31 Dffember 2023
I. ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
ILS the totsl income of the congregation is less than £250,000 the congregatiott have elected in accordance with the provisions in the Charities (Accounts and
Rcports Rcgulations (Northcrn Ir¢knd) 2015 to prepare its accounts on a receipts and paymcnts b&sis.
FUND AcCOu￿TIF￿G
Endowment funds are funds, the capital of which must be retsined either pffmanently or at th¢ cong￿gation'S dIs￿et10n. the income derived from the
ndowment is to be ￿ed eithtt as restricted or unrestricted income fun& dq)¢nding upon the purpose for whi¢h th¢ endowm¢nt w&8 estsblishcd in the f￿st
placK.
Restrictd funds comprise (a) income from endowments wthich is to be expended only on the ￿StriCted puwes intended by the donor and (b) rev¢nue
donations or grants for a specific congrcgational activity intended by the donor. Whcre these fimds have unspcnt balanLKS, intctESt on their pooled investment
As apportioned to the individual funds on ￿ average balance basis.
Unrestricted funds arc income fun(Ls which arc to be spent on the congregation's general pwcs. Designated fimds arc gcncral funds set aside by the
ongregation for us¢ in the futur
2. DONATIONS AND LEGACIES
Unrestricted
Funds
Restrlrted
Funds
Endojwment
Funds
Total
2023
Total
2022
Freewill and loose offerings
Donations and gifts
Gift Aid
73,437.15
1,073.30
12,439.14
86 949.59
13,145.54
200.00
251.25
13 596.79
86,582.69
1.273.30
12,690.39
100 546.38
116.858.42
16,259.75
16.016.9)
149 135.10
3. CHARITABLE ACTIvfTIES
Unnbstrlcted
Funds
Restrlcted
Funds
Endowment
Funds
Total
2023
Total
2022
Income from ¢h8ritsble adivities
F¢¢s fnxn weddings and funernls
1,859.00
56,037.59
6,635.00
62.672.59
57,896.59
6,635.00
64.531.59
3,253.55
575.00
3.8?8.55
1.859.00
4. I￿￿STMENT INCOME
Lfnrestricted
Funds
Restrirted
Funds
EDdowment
Funds
Total
2023
Tot41
2022
Deposit interest
OTHER INCOTrIE
Unrestrlcted
Fundg
Restrlcted
Funds
Endowment
Funds
Total
2023
Total
2022
Other income
1745.69
16 974.44
19 720.13
4.279.28
6. CHARITABLE ACTIVTTIES
linrestricted
Funds
Restiicted
Funds
Endowment
Funds
Total
21ll3
Total
2022
Gcncral Assembly Ass¢ssm¢nts
Prcsbytery f￿S
Ministy and support staff costs
Pr¢mises casts
Congregational running eXp￿seS
Donations to Missions and Chariti¢s
6,182.50
815.00
35.517.02
15.784.92
19.559.48
54.00
77 912.92
6,182.50
815.00
35,517.02
29,456.36
29,981.16
9.886.42
111838.46
12,035.37
588.00
30.927.25
60,354.52
16,141.11
12,092.25
132.138.50
13,671.44
10,421.68
9,832.42
33 925.54

TULLyALl￿N CONGREGATION OF THE PRESBYTERIAN CHURCH IN IREIAND
NOTES TO THE ACCOUNTS (cont'd)
for the year eDded 31 December 2023
7. FUND BAIANCES
Surplus
(Defictt)
Balance
at end
Receapts
Payments
Transfer
Unrestrirted Funds
Gfflcral
27,336.47
91,554.28
77,912.92
13,641.36
(5.000.00)
35,977.83
?7 336.47
91,554.28
77.912.92
13,641.36
5 000.00
35,977.83
Restyacted Funds
G￿eTaI
Sunday Sthool
Propcrty maintenance
Church new build (Ulster Bank)
Church new build (Daftske Bank)
1,474.22
1,636.82
361.72
108.23
87,304.82
8,358.?0
1,306.79
500.00
9,832.42
671.91
(1,474.22)
634.88
500.00
0.00
2,271.70
861.72
108.23
151,962.44
83,078.83
23,421.21
59,657.62
5,000.00
gX),885.81
93,243.82
33.925.54
59,318.98
5,000.00
155,204.09
Total
118 222.98
184 798.10
111878.46
72 959.64
191.181.92

TULLYALLEN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
srATEIKENf OF FINANCIAL ACTivrrY (Recelpt3 and Payments Account)
for the year ended 31 De¢ember2023
Note
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Receipts
Donations and legaci
Charitable activities
Investment Income
Other
86,949.59
1,859.00
13,596.79
61672.59
l(K),546.38
64,531.59
149,135.10
3.828.55
1745.69
16,974.44
19,720.13
4,279.28
Total Receiiks
91554.28
93 243.82
184.798.10
157.242.93
Payments
Charitable activities
Loan repayments
77,912.92
33,925.54
111.878.46
131138.50
Total Payments
7791? 92
33 925.54
111838.46
13
138.50
Nct rcceipts / (payments)
TransfeE3 betw¢¢n funds
Nd movcm¢nt in funds
13,641.36
5 000.00
8,641.36
59,318.28
5 000.00
64J18.28
71959.64
25,104.43
72.959.64
25,104.43
Funds brought forward
27,336.47
90,885.81
118,222.28
93,117.85
Funds catried forward
35 977.83
155 204.09
191181.92
118 222.28

TULLYALLEN CONGREGATION OF THE PRESBYTERIAN CHURCH IIY IREIAND
STATEMEwf OF A&SETS AND IIABIIITIES
for the year ended 31 December 2023
Note
Unrestricted
Funds
Restricted
FuThl8
Endowment
Funds
Total
2023
Total
2022
Funds Reconciliatlon
Bank and Cash at start of ycar
N¢t movement in funds
27,336.47
8,641.36
),885.81
64.318.28
118,222.28
72,959.64
93,117.85
25,104.43
Bank and Cash at ￿d of year
35 Y77.83
155 204.09
191181.Y2
118 2?2.28
Bank & Cash Balances
Bank Cuffent AGcounts
191.181.92
118.222.28
Other Assets
Pr¢mis¢s at insuranc¢ valu¢;
Manse
Sexton's house
Church prcmis¢s and cont¢nts
474.4￿.00
146,962.00
2 401984.00
736.00
474,490.00
146,962.00
2 401284.00
3 022 776.00
InV￿trnent An Presbyt￿ian Mutual Socidy
(bal8nc¢ has been ￿Tittsn down to nil)
9.247.20
Approved by thc Kirk Session on 20 F¢brnary 20?4 and signed on their behalf by:
Rcv. N R¢id
G Hamilton