LISNABREEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)
forthe year ended 31 December 2020
Note
Unrestricted
Funds
Restritted Endowment
Funds
Funds
Total
2020
Total
2019
Receipts
Donations and legacies
Charitable activities
other tradinB activities
Investment Income
Other
51,311
9,449
18,934
60,760
18,934
615
43
14
76,787
2,987
610
49
615
29
14
Total Receipts
51,947
28,390
29
80,366
81,253
Payments
Raising funds
Charitable activities
Other
258
78,397
46,832
29,809
76,641
Total Payments
46,832
29,809
76,641
78,655
Net receipts I Ipaymentsl
Transfers between funds
5,115
458
11,4191
14581
29
3,725
2,598
Net movement in funds
Funds brought forward
5,573
5,209
{1,8771
16,688
29
3,967
3,725
25,864
2,598
23,266
Funds carried forward
10,782
14,811
3,996
29,589
25,864
io

LISNABREEN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2020
Unrestrlcted
Funds
Restricted Endowment
Funds
Funds
Total
Funds
2020
Total
Funds
2019
Funds Reconciliation
Bank and Cash at start of year
Net movement in funds
5,209
5,573
16,688
11,8771
3,967
29
25,864
3.725
23,266
2,598
Bank and Cash atend of year
10,782
14,811
3,996
29,589
25,864
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
29524
65
25,814
50
29,589
25,864
Other Assets
Fixed A55ets- Note 8
Gift Aid receivable on donations
5,415
5,585
5,415
5,585
Approved by the Kirk Session at a meeting on 25 October 2021 and signed on its behalf bv
Rev Sam Castles
David Corbett
li

LISNABREEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2020
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 IAccount5 and Reports Regulations INorthern 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 depending upon the purpose for which the endowment was established in
the first place.
Restricted funds comprise lal income from endowments which is to be expended only on the restricted
purpose5 intended by the donor and {bl 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.
DONATIONS AND LEGACIE5
Unrestrlcted
Funds
Restricted
Funds
Endowment
Funds
Total
2020
Total
2019
Recorded giving..
L005e collections
Donations and gifts
Gift Aid
Legacie5 and bequest
951
45,165
5,195
951
54,224
5,585
1,971
69,652
5,164
9,059
390
51,311
9,449
60,760
76,787
12

LISNABREEN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2020
CHARITABLE A￿1VITIEs
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2020
Total
2019
Income from charitable activities
Fee5 from weddings and funerals
Fundraising events
Membership fees
Grant5
463
18,471
463
18,471
1,387
1,600
18,934
18,934
2,987
4. OTHER TRADING ACTIVITIES
Unrestricted
Funds
Restrlcted
Funds
Endowment
Funds
Total
2020
Total
2019
Letting of premises
Trading income
615
615
610
615
615
610
INVESTMENT INCOME
Unrestrlcted
Funds
Restricted Endowment
Funds
Funds
Total
2020
Total
2019
Dep051t interest
29
43
49
29
43
49
13

LISNABREEN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {cont'd)
31 December 2020
RAISING FUNDS
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2020
Total
2019
FWO envelopos
Fundraising events
258
258
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted Endowment
Funds
Fund5
Total
2020
Total
2019
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Congregational running expenses
Donations to Missions and
charities
Governance costs
9,654
9,654
9,400
30,299
4,883
1,996
30,299
30,823
5,865
29,888
32,607
6,502
25,940
3,869
46,832
29,809
76,641
78,397
FIXED ASSETS
The congregation owns the Church premises situated at l Lisnabreen Walk, Bangor BT19 4XJ and the
associated fixtures, fittings, plant and machinery. These have an insurance value of £1,393,638. The
congregation also owns its manse at 4 Ardvanagh Avenue, Conlig which has an insurance value of
£347,483.
14

LISNABREEN CONGREGATION OF THE PREsB￿ERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS Icont'd)
31 December 2020
FUND BALANCES
Fund
Balance
at start
Receipts
Payment Surplus / Transfer
(Deficit)
Balance
at end
Unrestricted Funds
General Fund
5,209
51,947
46,832
5,115
458
10,782
5,209
51,947
46,832
5,115
458
10,782
Restrirted Funds
Building Account
Sunday School
Highway Club
Community DIY
Youth Council
Business Reserve
Presbyterian Women
Community Worker
Breenie5
Girl's Brigade
No 2 Account
3,008
39
541
53
324
1,927
243
8,667
509
1,374
7,475
18
7,802
(3271
18
2,681
57
542
56
255
1531
565
820
13581
531
1,929
211
8,349
302
206
668
17,651
787
965
700
17,969
894
2,133
132}
13 18}
11071
11,1681
iiooi
16,688
28,390
29,809
11,4191
14581
14,811
Endowment Funds
Lottie Thompson
3,967
29
29
3,996
Total
25,864
80,366
76,641
3,725
29,589
15