Spa Congregation of the Presbyterian Church in Ireland Statement of Financial Activity (Receipts and Payments Account) for the year ended 31 December 2023
| 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 £ 39,428 1,650 3,304 1,847 0 46,229 15,881 9,139 25,020 21,209 |
Restricted Funds £ 17,161 10,134 660 246 127 28,327 13,676 7,285 20,961 7,366 |
Investments £ 0 0 0 140 0 140 0 0 0 140 |
Total 2023 £ 56,589 11,784 3,964 2,233 127 74,697 29,557 16,425 45,981 28,715 |
Total 2022 £ 50,656 14,996 1,594 2,074 1,032 |
|---|---|---|---|---|---|
| 70,352 | |||||
| 25,867 15,347 |
|||||
| 41,214 | |||||
| 29,138 |
Spa Congregation of the Presbyterian Church in Ireland Statement of Assets and Liabilities for the year ended 31 December 2023
| Note Funds reconciliation Bank and cash at start of year Transfers between accounts Net movement in funds Bank and Cash at end of year Bank and Cash Balances Bank deposit accounts Bank current accounts Cash Other Assets Investments 9 |
Unrestricted Funds 47,719 -50,000 21,209 18,928 |
Restricted Funds 14,501 0 7,366 21,867 |
Investments 15,078 50,000 140 65,218 |
Total 2023 77,298 0 28,715 106,013 65,218 40,170 625 106,013 96,393 |
Total 2022 48,160 0 29,138 |
|---|---|---|---|---|---|
| 77,298 | |||||
| 15,078 62,220 0 |
|||||
| 77,298 | |||||
| 103,472 |
Spa Congregation of the Presbyterian Church in Ireland Notes to the Accounts 31 December 2023
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 5. Investment income Deposit interest General investment fund Rents investment properties Other investment income |
Unrestricted Funds £ 33,164 1,278 465 4,521 0 39,428 Unrestricted Funds £ 150 600 0 900 1,650 Unrestricted Funds £ 3,304 3,304 Unrestricted Funds £ 175 1,672 0 0 1,847 |
Restricted Funds £ 4,549 1,207 10,471 933 0 17,161 Restricted Funds £ 0 5,009 1,625 3,500 10,134 Restricted Funds £ 660 660 Restricted Funds £ 83 163 0 0 246 |
Investments £ 0 0 0 0 0 0 Investments £ 0 0 0 0 0 Investments £ 0 0 Investments £ 140 0 0 0 140 |
Total 2023 £ 37,713 2,485 10,936 5,454 0 56,589 Total 2023 £ 150 5,609 1,625 4,400 11,784 Total 2023 £ 3,964 3,964 Total 2023 £ 398 1,835 0 0 2,233 |
Total 2022 £ 32,970 1,370 10,250 6,067 0 |
|---|---|---|---|---|---|
| 50,657 | |||||
| Total 2022 £ 250 0 1,435 13,311 |
|||||
| 14,996 | |||||
| Total 2022 £ 1,594 |
|||||
| 1,594 | |||||
| Total 2022 £ 121 1,953 0 0 |
|||||
| 2,074 |
Spa Congregation of the Presbyterian Church in Ireland Notes to the Accounts 31 December 2023
6. Other income
| Other income 7. Charitable activities General Assembly assessments Presbytery fees Ministry and support staff costs Congregational running expenses Donations to missions and charities Governance costs |
Unrestricted Funds £ 0 0 Unrestricted Funds £ 4,929 411 6,342 3,655 400 144 15,881 |
Restricted Funds £ 127 127 Restricted Funds £ 0 0 0 5,445 8,231 0 13,676 |
Investments £ 0 0 Investments £ 0 0 0 0 0 0 0 |
Total 2023 £ 127 127 Total 2023 £ 4,929 411 6,342 9,101 8,631 144 29,557 |
Total 2022 £ 1,032 |
|---|---|---|---|---|---|
| 1,032 | |||||
| Total 2022 £ 3,085 374 3,338 12,204 6,746 120 |
|||||
| 25,867 |
8. Other expenditure
| Property and equipment Cleaner Organist |
Unrestricted Funds £ 5,044 1,020 3,075 9,139 |
Restricted Funds £ 5,805 1,480 0 7,285 |
Investments £ 0 0 0 0 |
Total 2023 £ 10,850 2,500 3,075 16,425 |
Total 2022 £ 9,733 1,458 4,155 |
|---|---|---|---|---|---|
| 15,346 |
9. Investments
The congregation has the following investments. Amounts are shown at market valuation.
General Investment Fund (These are endowment funds with interest only being received by the Church)
| 2023 £ 96,393 |
2022 £ |
|---|---|
| 88,394 |