DRUMLOUGH CONGREGATION OF THE PRESBYfERIAN
CHURCH IN IRELAND
Financial Statements
for the year ended 31 December 2022
Reglstered Charity in Northern Ireland {NIC1051871

DRUMLOUGH CONGREGATION OF THE PRESBITERIAN CHURCH IN IRELAND
STATEMENT OF FINANaAL Acrivrry (Receipts and Payments Account)
for the year ended 310ecember 2022
Note
Unrestrfrted
Funds
Restrl¢ted
Funds
Endowment
FuNIs
Total
2022
Total
2021
Receipts
Direct Giving
Other Income
Investment Income
48.403.34
1,228.12
618.58
49.942.22
8,041.49
98,345.56
9,269.61
618.58
87,335.02
9,861.49
587.81
Sale of Investments
Sale of fixed assets
Loans Received
Totsl Re¢elpts
50,250.04
57,983.71
108,233.75
97,784.32
Payments
Charltable actlvltles:
Mission of the
Congregation
- tknnatlons to Mi5sion5 &
Chorltles
Property & Equlpment
Income Generatlon &
Governance
5 141,625.981
1623.211
142,249.191 (21.330.631
11,200.001
19,746.841
110,946,84} 18.095.751
13,552.531 119,569.981
123,122.511 160,498.691
1798.601
1798.601 11,274.CtIl
Purchase of Investments
Purchase of flxed assets
Loan Repayment5
Total Pdyrnents
{47,177.111 129,940.031
177,117.141 191,199.071
Net receipts / Ipaymentsl
Transfers between f unds
3.072.93
275.(Kl
14,150.CQI
28.043.68
8,145.20
14,270.201
31,116.61
6,585.25
8,420.20
22.092.37
18,420.201 {22,092.37)
In
out
Net movement in funds
Funds brought forward
2021 Adjustment to credit
uncashed cheque back to
Sunday School Account &
Fund Balances
Funds brought forward
(Gdjusted to Bank & Cosh
bulances only)
1802.071
22,804.68
31,918.68
208,257.97
31,116.61
6,585.25
38,800.00 269,862.65 263,227.40
li
22,804.68
208,257.97
38,800.00
269,862.65 263,277.40
Funds carried forward
22,002.61
240.176.65
38,800.00 3(X1,979.26 269,862.65
io

DRUMLOUGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND UABILITIES
As at 31 December 2022
Unrestricted
Funds
Restrirted
Funds
Endowment Total Funds Total Funds
Fun(ts
2022
2021
Funds Re¢Mciliation
Bank and Cash at start of year
(see 2021 adjustrnentotendof SOFAJ
22,804.68
208,257.97
38,800.00
269,862.65
263,277.40
Net movement in funds
1802.07)
31.918.68
31,116.61
6,585.25
Bankand Cash at end of year
22.002.61
240,176.65
38AOO.00
300,979.26
269.862.65
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
38,800.00
262,164.82
14.44
38,800.00
231,015.21
47.44
300,979.26
269,862.65
Other Assets
Fixed Assets
Note 9
- Church Premises
- Fixtures, Fitting5 & Equipment
Investments - Note 10
534,600.00
1,353.00
256.64
540,200.00
1,697.50
279.63
Gift Aid receivable on donation5
13,427.54
11,851.13
549,637.18
554.028.26
Liabilltles
Loans
Other
Approved by the Klrk Session at a meeting on
and signed on its behalf bv
[Name]
[Namel
[Datel
Z6-1-LoL)
{Datel
li

DRUMLOUGH CONGREGATION OF THE pRES8￿ERlAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2022
ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
As the total income of the congregatlon is less than £250,000 the congregation have elected in accordance
with the provisions in The Charities (Accounts and Reports Regulatlons (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 dlscretion, the income derived f rom the endowment is to be used either as restricted or
unrestrlcted income funds depending upon the purpose for which the endowment wa5 established in the
flrst place.
Restrirted funds comprise lal income from endowments which is to be expended only on the restricted
purposes intended by the donor and Ibl revenue donations or grants for a specif ic congregational activity
intended bythe donor. Where these funds have unspent balances, Interest on their pooled investment IS
apportioned to the indlvldual funds on an average balance basis.
UnrestrScted 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.
2. DIREcf GIVING
Umestrlcted
Funds
Restrlcted
Funds
Endowment
Funds
Total
2022
Totsl
2021
Regular giving
Gifts, Bequests & Donatlons
47,163.46
1,239.88
46,368.97
3,573.25
93,532.43
4,813.13
82,199.13
5,135.89
48,403.34
49,942.22
98,345.56
87,335.02
12

DRUMLOUGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2022
3. OTHER INCOME
Unrestrfcted
Funds
Restrlcted
Funds
Endowment
Fund5
Total
2022
Total
2021
Congregational Activities
Other Sources
371.00
1,905.15
6,136.34
2,276.15
6,993.46
1,496.00
8,365.49
857.12
1,228.12
8,041.49
9,269,61
9,861.49
4. INVESTMENT INCOME
Umestrlcted
Funds
Restricted
Funds
Endowment
Funds
Totsl
2022
Total
2021
Deposit interest
General Investment Fund
Dividend
612.91
612.91
582.35
5.67
5.67
5.46
618.58
618.58
587.81
5. MISSION OF THE CONGREGATION {(haritable Acitivities)
Unrestricted
Funds
Restrirted
Funds
Endowrnent
Funds
Total
2022
Total
2021
Central Assessments
Ministerfs Stlpend & Expenses
Other Ministry Staff Costs
Support Staff Costs
Congregational Activities
Other Local Costs
4,359.08
28,204.11
1,749.tK]
2,160,(KI
3,175.41
1,978.38
4,359.08
28,204.11
1,749.00
2,160.00
3,767.62
2,009.38
4,698.00
2,624.18
9,379.75
2,040.00
1,999.74
588.96
592.21
31.00
41,625.98
623.21
42,249.19
21,330.63
13

Presbyte
DRUMLOUGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2022
6. DONATIONS TO MISSIONS & CHARITIES Icharltable Acltivltles)
Unrestrlcted
Funds
Restrlcted
Funds
Endowment
Fund5
Total
2022
Total
2021
United Appeal
Other PCI Schemes
5,135.00
2,644.57
1,967.27
5,135.00
3,244.57
2,567.27
5,448.00
2,028.75
619.00
Other Missions & Charities
600.00
1,200.00
9,746.84
10,946.84
8,095.75
7. PROPERTY & EQUIPMENT
Unrestricted
Funds
Restricted
Funds
Endowment
Fun(ts
Total
2022
Total
2021
Utilities & Equipment
Repairs & Maintenance
Insurances
3,535.73
3,535.73
16,095.00
3,491.78
3,562.47
53,266.20
3,670.02
16,095.00
3,474.98
16.80
3,552.53
19,569.98
23,122.51
60,498.69
8. INCOME GENERATION & GOVERNANCE
Unrestrictsd
Funds
Restricted
Funds
Endowment
Fund5
Total
2022
Total
2021
Income Generation
Governance
539.40
539.40
902.00
259.20
259.20
372.00
798.60
798.60
1,274.00
14

DRUMLOUGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2022
FIXED ASSETS
The congregation owns the Church premises situated at Raffertys Hill, Hillsborough, Co Down, BT26 6QB
a nd the associated fixtures, fittings, and equipment.
The Church Premlses comprise:
a} church building and surrounding graveyard
bl church hall and car park on opposite side of the road
cl New church hall site (under construttionl
dl Manse property adjacent to graveyard
The value stated on the Stotement of A55et5 & knobilities under Flxed Assets - Church Premlses only
reflects a combined a mount: for the land In Ibl professional va luation (revised Sep. 2019) & (cl cost price,
plus a depreclated amount for Idl professional va luation. The buildings In la} & Ibl were constructed In the
19th century and have been included at a zero book value.
The combined sum insured for all of the above (including contents) 15 £2,818,235.83 as at last renewal
date, 31st Ortober 2022.
The value stated on the Statement of Assets & knabilities under Fixed Assets - Flxtures, Flttlngs &
Equlpmert reflects a combined, depreciated amount for flxed assets less than 10 years old.
io.
INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation as at 3111212022.
2022
2021
General Investment Fund
(James Hanna Bequest)
256.64
279.63
256.64
279.63
11. 2021 ADJUSTMENT TO CREDIT UNCASHED CHEQUE BACK TO SUNDAY SCHOOL ACCOUNT & FUND BA
The figure of £50 in 2021 column concern5 a Sunday School uncashed cheque, detailed in last year's
accounts notes.
15

DRUMLOUGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IREIAND
NOTES TO THE ACCOUNTS Iconvdl
31 December 2022
12,
FUND BALANCES
Net
Transfers In
l(Out)
Balance at
Start
Balarte at
Furnl
Recelpts
Pdyment
Surplug 1
IDeflcitl
Ufftstrlcted Funds
General Fund
22,804.68 50,250.04
147,177.11)
3,072.93
13,875.¢xJI 22,002.61
22,81yI.68 50.250.04
(47,177.111
3,072.93
13,875.IJ)1 22,002.61
Restrfcted Funds
Building & Repair
New Hall
Unlted Appeal
World Development
Appeal
TEAR Fund
Moderatorfs Appeal
Children's Day
RetIrI￿ Offerings
HaNest
Mldweek Fellowshlp
Sunday School/CUCK
Choir
Graveyard
Youth Fellowship
Bowling aub
C.E. (Junior)
T3ble Tennls aub
v.i.p. aub
46,992.84 10,898.84
151,050.36 32,596.65
58.50
5,576.50
118,425.781 {7,526.941
11,144.201 31.452.45
15.135.001
441.50
39,465.90
7,054.68 189,557.49
500.00
632.50
1632.501
3.00
1.375.00
740.00
1.123.75
2,(K)5.20
1203.521
11,375.001
1200.521
200.52
740.00
{1,273.751 1150.001
2,005.20
1740.MI
150.00
12,1)05.201
li
919.32
1,002.42
4,747.26
220.27
118.66
211.93
{722.31)
1722.311
740.lyj
937.01
1.002.42
5.297.26
220.27
173.66
211.93
158.45
1,153.67
1,498,59
1,550.00
1,550.00
11,000.IM)I
180.00
180.00
1125.CK)I
113.45
170.00
141.70
990.57
170.00
76.30
28.00
1125.00}
1175.001
1100.001
1,252.37
1,570.59
165.40)
1962.57)
208,257.97 57,983.71
(29,940.031 28,043.68
3,875.00 240,176.65
16

DRUMLOUGH CONGREGATION OF THE PRES8YfERIAN CHURCH IN IRELAND
NOTE5 TO THE ACCOUNTS Iconydl
31 December 2022
Endowment Funds
Henry McAdam Bequest
Jane Hamilton Bequest
David Gibson
Samuel Carruth
William Young Memorial
Annie Gourley
Mary Heslip
John A Jess
George Wilkinson
loo.00
200.00
1,000.00
500.00
500.00
500.00
i.000.00
30,000.00
5,000.00
loo.00
200.00
1,000.00
500.00
500,00
500.00
i.000.00
30,000.00
5,000.00
38.800.00
38,800.00
Total
269,862.65 108,233.75
177,117.141 31,116.61
O.¢)J 300,979.26
17