WARRENPOINT CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees Annual Report and Financial Statements for the year ended 31 December 2023 Registered Charity in Northern Ireland (NIC105186 PURDY QUINN Chartered Accountants Northern Bank House 42 Greencastle Street KILKEEL Co Down BT34 4BH
WARRENPOINT CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees, Annual Report Year ended 31 December 2023 The trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2023 including a Statement of Assets and Liabilities as at that date. Reference and administrative details Registered charity name WARRENPOINT CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Charity registration number NIC105186 Public Address Clo 20 Donaghaguy Road Warrenpoint Co Down BT34 3RZ Charity trustees Rev S Finlay Mr D Brady Mr E Glenny (died 2710812023) Mr D Gray Mrs H Gray Principal Office Bearers Rev S Finlay - Minister IStatedlPulpit Supply) Mr Denis Brady - Clerk of Session Mrs Elizabeth Quinn - Treasurer Accountants Purdy Quinn Chartered Accountants Northern Bank House 42 Greencastle Street KILKEEL Co Down BT34 4BH Bankers Danske Bank 58 Hill Street Newry Co Down BT34 1 AR Solicitors Fisher Mullan 8 Trevor Hill Newry Co Down BT34 1 DN
WARRENPOINT CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees, Annual Report (continued) Year ended 31 December 2023 STRUCTURE AND MANAGEMENT The Kirk Session The charity trustees of the congregation are the members of its Kirk Session. Under the congregation's governing document, The Code, the book ofthe constitution and government of the Presbyterian Church in Ireland, the Kirk Session seeks to watch over and promote the spiritual interest of the congregation and of persons not connected with any congregation who are within its bounds. It ensures pastoral care is in place in the congregation and seeks to further the contribution of the Church to Christian witness and service in the local community. The Kirk Session has delegated to its Congregational Committee the temporal affairs of the congregation including administering all funds and propety belonging to the congregation. Members of the Kirk Session are ex-officio members of the Congregational Committee. The Kirk Session consists of the ordained minister and the ruling elders of the congregation. All members are entitled to propose, speak and exercise equal votes at meetings, except that the Moderator, the minister in active duty in the congregation, has no deliberative but only a casting vote. Stated meetings of the Kirk session are held at least twice in each year or as appropriate. To be chosen for the office of the eldership in the congregation a person must be a voting member and a regular attendant on its ordinances. The selection of those proposed to be called to the office can be either by the congregation or by the Kirk Session. Members are elected if they obtain Iwo-thirds of those who vote. Presbytery Under the Presbyterian Church in Ireland form of governance the corporate oversight of a congregation is the responsibility of a Presbytery which superintends generally the spiritual and temporal affairs of the congregations assigned to it by the General Assembly of the Presbyterian Church in Ireland. Warrenpoint congregation of the Presbyterian Church has been assigned to the Newry Presbytery of the Presbyterian Church in Ireland. The membership of the Presbytery consists mainly of the active ministers of congregations assigned to it by the General Assembly, ministers who have retired from active duty and an elder appointed by the Kirk Session of the congregation. The General Assembly The General Assembly is the supreme court of the Church, representing in one body the whole Church and acting as its supreme legislative, administration and judicial authority, in dealing with all matters brought before it. The General Assembly is normally constituted during the first week in June forworship and to conduct its business. At the end of business, it is dissolved. The membership of the General Assembly consists mainly of the active ministers of each congregation, retired ministers and a representative elder appointed by the Kirk Session of each congregation. DESCRIPTION AND PURPOSE The charitable purpose of the congregation is the advancement of religion. Warrenpoint congregation of the Presbyterian Church is a congregation of the Presbyterian Church in Ireland. The Presbyterian Church in Ireland, as a Reformed Church within the wider body of Christ is grounded in the Scriptures and exists to love and honour God through faith in His Son and by the power of His Spirit, and to enable the members to play their part in fulfilling God's mission to our world. The congregation's mission purposes are by the grace of God and in the power of the Spirit, to help people of all ages, nationalities and backgrounds become fully devoted followers of Jesus Christ and fully committed to the life, fellowship and mission of our church" involving.. A commitment to prayer A commitment to effective discipleship of all believets
WARRENPOINT CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees, Annual Report (continued) Year ended 31 December 2023 DESCRIPTION AND PURPOSE (continued) A commitment to making Sunday worship setvices attractive to all A commitment to engaging more people in the study of God's Word A commitment to reaching out to our many members on the fringes of church life A commitment to evaluating our children's and youth ministry A commitment lo personal and corporate evangelism A commitment to building relationships in our community and addressing real needs A commitment to mission beyond Newry A commitment partnering with others for the sake of the Gospel As a congregation of the Presbyterian Church in Ireland, we believe that the Bible is the supreme authority over all we do, and that the Westminster Confession of Faith, along with the Larger and Shorter Catechisms set out what we understand the Bible teaches on key matters of Christian faith and practice. ACTIVITIES AND OBJECTIVES During 2023, activities resumed, albeit not to the levels being conducted per covid. However the congregation resumed to meeting for worship every Sunday and visitors were welcomed to join. During the worship service primary school children leave for their own activity, children's church. The Sacrament of the Lords Supper is observed on several occasions during the year and all those who have been baptised and who have made a profession of faith in the Lord Jesus Christ are admitted to the Lord's Supper. The congregation holds regular bible study meetings and has a wide range of organisations including-. Children's Church Mothers and Toddlers Mid-week Bible Study Group Prayer Group Holiday Bible Club. ACHIEVEMENTS AND PERFORMANCE Worship and prayer The congregation met for worship each Sunday at 10:30am. During the week {from October to May) a prayer and bible study group meet. The Bible Study meeting provides an opportunity for members to meet together for fellowship, to study the scriptures and for a time of prayer. As well as our regular seNices during the year we acknowledge God's gift of new life, and during the year we had no new Sacraments of Infant Baptism. There was one marriage service during the year. We gave thanks for faithful services and sought to comfort those who had been bereaved during the year. At 31 December 2023 there were 20 regular communicant members and 55 families (33 contributing) connected with the congregation. The average weekly attendance at morning worship is approximately 25.
WARRENPOINT CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees, Annual Report (continued) Year ended 31 December 2023 ACHIEVEMENTS AND PERFORMANCE (continued) Pastoral care Members of the congregation who are unable to attend church due to sickness or age are visited on a regular basis by the minister and elders. The minister and one elder will also visit our elderly and the sacrament of communion is served to those unable to attend morning worship. Mission and outreach In 2023 a week of outreach during the summer for children and young people took place. The leaders provided a holiday bible club and outdoor activities for young primary school children on a cross community basis in Warrenpoint. Church Hall Activities The congregation normally opens it church hall to outreach to cross community activities such as the Tag Group, an organisation who runs activities for a group of young people with learning difficulties. The hall was also used on an ad hoc bases but other community group support society. Christmas Related Activity The Children's church normally also hold a Christmas paty each year for local children some of whom attend church and some who do not, and presents are given to all. The congregation normally provides some type of Christmas related activity for congregational members and friends. Each year we provide Christmas parcels to charities, which can change from year to year. Some of these activities took place in 2023. United Appeal The congregation supports the United Appeal ft)r Mission which is a central fund of the Presbyterian Church in Ireland. This fund enables congregations to support the wider mission of the denomination and to do mission and outreach on a denominational basis beyond what the congregation could do on its own. The United Appeal Fund provides financial supportfor mission personnel at home and overseas, assists congregations with the deployment of locally based staff, enables church planting, provides grant support for the upkeep of church premises, assist with the running costs of Union Theological College, the Church's training college for ministry students, and financially supports the congregation in the areas of worship, discipleship, global mission, outreach, leadership and pastoral care. The congregation through its mission fund and over and above the United Appeal for Mission also contributes to the Moderators disaster Appeal, the World Development Appeal and Presbyterian Children's Society. United Appeal was supported as usual in 2023 and our honorary amount was donated. Presbytery The congregation was represented at the regular meetings of Presbytery by our minister andlor one of the elders. This provides an important link beeen the congregations and the wider structures of the church. General Assembly The minister and one of our elders were nominated to attend the meeting of the General Assembly of the Presbyterian Church in Ireland held in Assembly Buildings, Belfast, in June. Property Some minor works were undertaken during the year.
WARRENPOINT CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees, Annual Report (continued) Year ended 31 December 2023 ACHIEVEMENTS AND PERFORMANCE (continued) Organisations The children's church is all part of morning service and after their address the children leave for activities in the church hall, which is supervised by a rota of four ladies of the congregation, under the direction of the leader church elder Mrs Heather Gray. The Mums & Toddlers group normally meets on a Monday morning from September to June. On average 15-25 children come with their parents or guardians from the wider community. A soup lunch for the congregation, organised by the Sunday school leaders took place after Easter. A special service for children and families followed by a BBQ was very well attended in June. Volunteers The Trustees wish to acknowledge their deep appreciation of those who give freely of their time by serving on committees and helping with organisations and other church activities. PUBLIC BENEFIT STATEMENT The Presbyterian Church in Ireland meets the public benefit requirement by providing benefit to its members 2nd the general public by making known the Christian Gospel of the Lord Jesus Christ through the advancement of religion. The direct benefits which flow from the purposes of the Church include the gaining of an understanding in Christian beliefs as set out in the Bible and in the Church's subordinate stsndards {the Westminster Confession of Faith and the Shorter and Larger Catechisms) leading to spiritual and moral development and opportunities for response to Bible teaching. In turn, this framework leads to practical expressions of Christian beliefs and standards in the local community such as through the care of those in need (including the sick, disabled and bere2ved). Generally, the above benefits are delivered locally by congregations and their members or are facilitated through presbyteries or are organised and delivered centrally. Local delivery is facilitated by central resources in almost all cases. Public access is made known through the use of noticeboards, printed material, press advertisement, websites, and social media or in other ways. The benefits are demonstrated through regular evaluation of the services and informal and ad-hoc feedback from members, their families, and members of the public. The purpose does not lead to harm. The only private benefit flowing from our purpose is related to Ministers, Missionaries, Deaconesses, Irish Mission workers and Lay Agents who receive benefits as a result of their holding office or employment. However, this is incidental and necessary in order to further our charitable purpose. There are no other private benefits. The beneficiaries of this purpose are members, their families, other individuals that the Presbyterian Church in Ireland is in direct and indirect contact with, the community in which pastoral services are provided and other communities throughout Northern Ireland, the Republic of Ireland, and worldwide which benefit from our engagement with and support for both Christian and other secular organisations, charities and individual members of the public. The Kirk Session has had regard to the Charity Commissions Public benefit requirement statutory guidance. FINANCIAL REVIEW The congregation's main source of income is members, contributions through the Weekly Freewill Offering. There were 38 contributors during the year (38 in previous year, 2022) donating a total of £19,966 (£18,003 in previous year, 20221. Total Income of the congregation during the year was £41,98212022 - £41,414). Total Expenditure of the congregation excluding capital expenditure during the year was £27,251 (2022 - £79,451). The Net expenditure for the year to 31 December 2023 was £14,731 (2022- Expenditure -£38,037}
WARRENPOINT CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees, Annual Report fcontinued) Year ended 31 December 2023 FINANCIAL REVIEW (continuedj Going Concern The activities of the congregation are dependent on ongoing contributions from its members. The Trustees are of the opinion that the congregation has sufficient resources at the date of approval of these financial statements to meet commitments which will arise in the year from the date of signing this report and subject to the continuing support from members to fund on an ongoing basis the congregation's current activities and other financial commitments. Reserves Policy The Trustees have considered the level of unrestricted reserves that is appropriate to hold, taking account of current and ongoing commitments. It is the policy of the Trustees to hold at least three month's normal expenditure. At the year-end unrestricted reserves were £57,001 (2022 - £51,398} which represents a higher level of reserves. The Trustees, however, consider it prudent to hold reserves at this level as the funding of its present activities is dependent on the ongoing financial support af its members. Risk Review A review of major risks has been undertaken by the Trustees and systems and procedures implemented to manage identified risks. The principal risks are in relation to the likelihood of reputational damage and financial risks associated with the expectation of ongoing financial support from members. These risks are mitigated by the Trustees, and the Congregational Committee, regularly monitoring of the various activities of the congregation at stated meetings and by encouraging members in their regular giving. STATEMENT OF TRUSTEE RESPONSIBILITIES The Trustees are responsible for preparing the annual report and the financial statements of the congregation in accordance with applicable law and generally accepted accounting practice. As the congregation's total income does not exceed £250,000, the Trustees have elected under Section 64{31 of the Charities Act (Northern Ireland) 208 to prepare a receipts and payment account and a statement of assets and liabilities. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the congregation's transactions and disclose with reasonable accuracy at any time its f5nancial position. They are also responsible for safeguarding the assets ofthe congregation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Kirk Session al a meeting on 14110124 and signed on its behalf by Heather Gray Trustee David Gray Trustee Date.. .14 10 24..............
WARRENPOINT CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Independent Examiner's Report to the Trustees of WARRENPOINT CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Year ended 31 December 2023 Independent examiner's statement I report on the financial statements forthe year ended 31 December 2023, which comprise the statement of financial activities, statement of Assets and Liabilities and the related notes. Respective responsibilities of trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to.. examine the accounts under section 65 of the Charities Act., to follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65{9)(bl of the Charities Act., and to state whether particular matters have come to my attention. Basis of independent examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees COnrnIng any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe.. That accounting records were not kept in accordance with section 63 of the Charities Act. That the accounts do not accord with those accounting records. That the accounts do not comply with the accounting requirements of the Charities Act. That there is further information needed for a proper understanding of the accounts to be reached. I have completed my examination and have no concerns in respect of the matters11) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Una Cunningham Association of Chartered Accountants in Ireland PURDY QUINN Chartered Accountants Northern Bank House 42 Greencastle Street KILKEEL Co Down BT34 4BH Date
WARRENPOINT CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY- Receipts and Payments Account For the year ended 31 December 2023 Unrestricted Restricted Endowment Funds Funds Funds Total Funds 2023 Total Funds 2022 Income and endowments Donations and legacies Charitable activities Investment income Other income 25,004 6,862 90 31,866 90 312 9,714 30,001 75 345 10,993 312 9,714 Total income 25,316 16,666 41,982 41,414 Expenditure Expenditure on charitable activities 19,262 19,262 7,989 27,251 79,451 79,451 Total expenditure 7,989 27,251 Net incomel(expenditure) 6,054 8,677 14,731 (38,037) Other funds receivedl(paid out) Purchase of furniture & Equipment Net receiptsllpayments pre-transfers 6,054 8,677 14,731 (38,037) Transfers beeen funds (451) 451 Net receiptsl (payments) 5,603 9,128 (14,731) {38,037} Reconciliation of cash funds Bank & Cash funds brought forward 51,398 90,987 142,385 180,422 Bank & Cash funds carried forward 57,001 100,115 157,116 142,385 The notes on pages 10 to 15 fomi part of these financial statements.
WARRENPOINT CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2023 Unrestricted Restricted Endowment Funds Funds Funds Total Funds 2023 Total Funds 2022 Funds Reconciliation Bank and Cash at start of year Surplus (deficit) this year end 51,398 90,987 142,385 180,422 5,603 9,128 14,731 (38,037) Bank and Cash at end of year 57,001 100,115 157,116 142,385 Bank and Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 157,116 142,385 142,385 142,385 Other Assets Fixed Assets- Note 9 Church & contents Boiler house & contents Manse Investments - Note 10 Gift Aid receivable on donations- Est. 1,303,175 12,042 426,262 1,503 3,594 1,127,680 10,427 368,859 1,416 2,886 1,746,576 1,511,268 Liabilities Loans Other 1,080 1,500 1,080 1,500 Approved by the Kirk Session at a meeting on . 14110124....................... and signed on its behalf by 4 w4-kn- k Heather Gray Trustee Date.. David Gray Trustee Date 14110124. . 14110124. The notes on pages 10 to 16 fomi part of these financial statements.
WARRENPOINT CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to the Financial Statements Year ended 31 December 2023 Accounting policies Basis of preparation As the total income of the congregation is less than £250,000 the congregation have elected in accordance with the provisions of the Charities Accounts and Report 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 depending upon the purpose for which the endowment was established in the first place. Restricted funds comprise (a) 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 fijnds are general funds set aside by the congregation for use in the future. 10
WARRENPOINT CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to the Financial Statements (continued) Year ended 31 December 2023 Donations and legacies Unrestricted Restricted Total Funds Funds Funds 2023 Donations Free Will Offering Loose Collections GiftAid Other Donations United Appeal World Development Harvest Appeal Presbyterian Children Orphans Building Fund Donations Clothes ReCyclng Youth Collections 19,966 19,966 5,038 5,038 1,215 1,200 930 1,240 500 1,640 1,216 1,200 930 1,240 soo 1,640 137 137 25,004 6,862 31,866 Unrestricted Funds Restricted Totsl Funds Funds 2022 Donations Free Will Offering Loose Collections Gift Aid Other Donations United Appeal World Development Harvest Appeal Orphans Building Fund Donations Clothes Recycling Youth Collections 18,003 18,003 3,848 3,848 320 1,300 620 1,380 355 4,050 320 1,300 620 1,380 355 4,050 125 125 21,851 8,150 30,001 11
WARRENPOINT CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to the Financial Statements (continued) Year ended 31 December 2023 Charitsble activities Unrestricted Restricted Total Funds Funds Funds 2023 Church Magazines Church dinners 90 90 90 90 Unrestricted Funds Restricted Total Funds Funds 2022 Church Magazines Church dinners 75 75 75 75 Investment income Unrestricted Restricted Total Funds Funds Funds 2023 Income from general investments Bank interest receivable 31 281 31 281 312 312 Unrestricted Funds Restricted Total Funds Funds 2022 Income from general investments Bank interest receivable 33 312 33 312 345 345 12
WARRENPOINT CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to the Financial Statements (continued) Year ended 31 December 2023 Other income Unrestricted Restricted Total Funds Funds Funds 2023 Hire of hall Rostrevor - share of expenses Graveyard Fees Manse Rent Sale of beam Donation - Mccoy Rates refund 250 169 470 8,825 250 169 470 8,825 9,714 ,714 Unrestricted Funds Restricted Total Funds Funds 2022 Ukraine Appeal Rostrevor - share of expenses Donation - Mccoys Graveyard Fees Manse Rent Sale of beam Rates refund 685 101 60 soo 8,750 255 642 685 101 60 500 8,750 255 642 10,993 10,993 Expenditure on charitable activities by fund type Unrestricted Restricted Total Funds Funds Funds 2023 Advancing Christianity Support costs Governance costs 10,959 7,223 1,080 5,866 2,123 16,825 9,346 1,080 19.262 7,989 Restricted Total Funds Funds 2022 27,251 Unrestricted Funds Advancing Christianity Support costs Governance costs 10,613 5,750 1,500 7,095 54,493 17,708 60,243 1,500 17,863 61,588 79,451 Expenditure on charitable activities by activity type Activities undertaken directly Support Total fund costs 2023 Total fund 2022 Advancing cnristianity Governance costs 16,OZ5 9,340 1,080 10,426 Zfj,171 1,080 77,951 1,500 16,825 27,251 79,451 13
WARRENPOINT CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to the Financial Statements (continued) Year ended 31 December 2023 Analysis of support costs Total 2023 Totsl 2022 Premises overheads Premises repairs General office Finance costs Sundry Pulpit Supply 6,047 1,144 1,731 151 273 4,983 54,129 445 149 227 310 9,346 60,243 Fixed Assets The congregation owns the Church premises including hall, boiler house etc. situated at Charlotte Street, Warrenpoint, Newry, BT34 3LF and the associated fixtures, fittings, plant and machinery. They also own a Manse situated at 39 Rowallen, Warrenpoint, BT34 3TR. These assets have insurance value of as follows.. 2023 2022 ChurchlHall Buildings & contents Boiler house & contents Manse 1,303,175 12,042 426,262 1,741,479 1,127,680 10,427 368,859 1,506,966 10. Investments 2023 2022 Presbyterial Mutual Society (PMS) General Investment Fund {PCI) 1,503 1,416 1.503 1,416 The congregation was advised in a letter dated 27 January 2021 from the Joint Supervisors of the Presbyterian Mutual Society Limited in a Scheme of Arrangement that the Scheme is to be concluded. The Joint Supervisors have advised that 'Given the outstanding capital balance due to the Department of Enterprise Trade and Investment as at 30 September 2020 under the £175 million loan (which has first priority over all realisations) of some £60. 75 million, there is an anticipated shortfall in the final repayment to the Department. It is envisaged this position will not change during the remaining period to the end of the Scheme. As a result of this anticipated shortfall, there will be no further repayment to any other class of creditor or memberf,. In light of this, the congregational committee has agreed to write off the balance outstanding from the Presbyterian Mutual Society of £8,639 during the year ended 31 December 2020. 14
WARRENPOINT CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to the Financial Ststements (continued) Year ended 31 December 2023 11. Analysis of charitable funds Unrestricted funds - Bank & Cash At 1 January 2023 At 31 December 2023 Income Expenditure Transfers General funds 51,398 25,316 (19,262) (19,262) (451) (451) 57,001 51,398 25,316 57,001 Restricted funds- Bank &Cash At 1 January 2023 At 31 December 2022 Income Expenditure Transfers Manse Fund General Fund Propety Building Fund United Appeal General Missions Kerr Missionary Fund Orphans Harvest Appeal Graveyard Fund Open Doors Organ Fund McGuffin Youth Account PW Account Ukraine Appeal Magazines 61,405 8,825 419 2,880 1,200 930 (1,872) {951) (135) (1,818> (930) (1 ,333) 532 67,025 18,710 21,455 618 2,993 2,993 500 (500) 470 (1,104) 634 4,958 2,668 253 4,958 3,446 238 1,352 (574) (15) 90 (90) 90,987 16.666 (7,989) 451 100,115 Total Bank & Cash 142,385 41,982 (27,251) 157,116 Restricted Funds - Endowment funds At1Jan 2023 Gainl(Loss) At 31 Dec in the year 2023 Income Expenditure Transfers General Investment 1,416 87 1,503 15