Spa Congregation of the Presbyterian Church in Ireland Statement of Financial Activity (Receipts and Payments Account) for the year ended 31 December 2022
| Note Receipts Donations and legacies 2 Charitable activities 3 Other trading activities 4 Investment income 5 Other 6 Total Receipts Payments Charitable activities 7 Other 8 Total Payments Net movement in funds |
Unrestricted Funds £ 35,730 11,018 1,254 1,894 448 50,344 14,584 9,185 23,769 26,575 |
Restricted Funds £ 14,926 3,978 340 180 584 20,008 11,283 6,162 17,445 2,563 |
Total 2022 £ 50,656 14,996 1,594 2,074 1,032 70,352 25,867 15,347 41,213 29,138 |
Total 2021 £ 44,440 17,025 1,645 1,990 68,072 |
|---|---|---|---|---|
| 133,172 | ||||
| 60,972 31,730 |
||||
| 92,702 | ||||
| -24,630 |
Spa Congregation of the Presbyterian Church in Ireland Statement of Assets and Liabilities for the year ended 31 December 2022
| Note Funds reconciliation Bank and cash at start of year Move BB account balance Move PW account balance Net movement in funds Bank and Cash at end of year Bank and Cash Balances Bank deposit accounts Bank current accounts Other Assets Investments 9 |
Unrestricted Funds 29,130 -6,349 -1,637 26,575 47,719 |
Restricted Funds 3,952 6,349 1,637 2,563 14,501 |
Total 2022 33,082 0 0 29,138 62,220 62,220 62,220 103,472 103,472 |
Total 2021 57,712 0 0 -24,630 |
|---|---|---|---|---|
| 33,082 | ||||
| 0 33,082 |
||||
| 33,082 | ||||
| 111,364 | ||||
| 111,364 |
Spa Congregation of the Presbyterian Church in Ireland Notes to the Accounts 31 December 2021
1. 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 (Northern Ireland) 2015) to prepare its accounts on a receipts and payments basis.
Fund Accounting
Restricted funds comprise 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 sets aside by the congregation for use in the future.
2. Donations and legacies
| Recorded giving Loose collections Donations and gifts Gift aid Legacies and bequests 3. Charitable activities Fees from weddings and funerals Fundraising events Membership fees Grants 4. Other trading activities Letting of premises |
Unrestricted Funds £ 27,550 490 2,503 5,188 0 35,730 Unrestricted Funds £ 200 0 0 10,818 11,018 Unrestricted Funds £ 1,254 1,254 |
Restricted Funds £ 5,420 880 7,747 879 0 14,926 Restricted Funds £ 50 0 1,435 2,493 3,978 Restricted Funds £ 340 340 |
Total 2022 £ 32,970 1,370 10,250 6,067 0 50,656 Total 2022 £ 250 0 1,435 13,311 14,996 Total 2022 £ 1,594 1,594 |
Total 2021 £ 34,771 810 2,937 5,923 0 |
|---|---|---|---|---|
| 44,441 | ||||
| Total 2021 £ 100 0 1,330 15,595 |
||||
| 17,025 | ||||
| Total 2021 £ 1,645 |
||||
| 1,645 |
5. Investment income
| Unrestricted Funds Restricted Funds Total 2022 £ £ £ Deposit interest 110 11 121 General investment fund 1,784 169 1,953 Rents investment properties 0 Other investment income 0 1,894 180 2,074 6. Other income Unrestricted Funds Restricted Funds Total 2022 £ £ £ Other income 448 584 1,032 448 584 1,032 7. Charitable activities Unrestricted Funds Restricted Funds Total 2022 £ £ £ General Assembly assessments 3,085 0 3,085 Presbytery fees 374 0 374 Ministry and support staff costs 3,338 0 3,338 Congregational running expenses 7,028 5,177 12,204 Donations to missions and charities 640 6,106 6,746 Governance costs 120 0 120 14,584 11,283 25,867 8. Other expenditure Unrestricted Funds Restricted Funds Total 2022 £ £ £ Property and equipment 4,435 5,298 9,733 Cleaner 595 863 1,458 Organist 4,155 0 4,155 9,185 6,162 15,347 9. Investments The congregation has the following investments. Amounts are shown at market valuation. 2022 £ General Investment Fund (These are endowment funds with interest only being received by the Church) 88,394 Progressive Bond 0 Danske Bank Investment Account 15,078 103,472 |
Total 2021 £ 110 1,881 0 0 |
|---|---|
| 1,991 | |
| Total 2021 £ 2,972 |
|
| 2,972 | |
| Total 2021 £ 9,835 280 22,242 18,204 5,759 4,652 |
|
| 60,972 | |
| Total 2021 £ 23,970 1,700 6,060 |
|
| 31,730 | |
| 2021 £ 96,311 4,991 10,062 |
|
| 111,364 |