STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2022 Note Unrestrlcted Funds Restrlcted Endowment Funds Funds Total 2022 Total 2021 Receipts Donations and legacie5 Charitable actlvities Other trading activities Investment Income Other 56,995 31,536 2,177 5.354 658 5,056 88,531 2,177 5,414 3,253 7,084 81,170 551 5,452 3.159 737 60 2,595 2,028 61,678 44,781 106,459 91,069 Sale of Investments Sale of flxed assets Loans Received Total Recelpts 61,678 44,781 106,459 91,069 Payments Raising funds Charitable actlvities Investment costs Other 64,234 45,928 110,162 75,492 64,234 45,928 110,162 75,492 Purchase of Investments Purchase of fixed assets Loan Repayments Total Payments 64,234 45,928 110,162 75,492 Net recelpts / (payments) Transfers between funds {2,556) (1.147) (3,703) 15,577 Net movement in funds Funds brought forward (2,556) 119,015 11,147) 53,212 (3,703) 172,227 15.577 159,549 Funds carried forward 12 116,459 52,065 168,524 175,126
KILMORE CONGREGATION OF THE PRESBITERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2021 Unrestrlcted Restrlcted Endowment Total Funds Total Fund5 Funds Funds Funds 2022 2021 Funds Reconclllation Bank and Cash at start of year Net movement in funds 119,015 (2,556) 53,212 (1,147) 172,227 (3,703) 159,549 15,577 Bank and Cash at end of year 116,459 52,065 168,524 175,126 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 41,412 127,112 46,287 128,839 168,524 175.126 Other Assets Flxed Assets - Note 10 Church Premlses Flxtures, Flttlngs & Equipment Vehicles Investments- Note 11 Gift Aid receivable on donations 3,257,475 3,257,475 131,204 135,663 3,393,138 3,393,138 Llabilities Loans Other Approved by the Klrk Session at a meeting on 2b. 4.%3 and signed on tts behalf by Name Name Date Date L8.q.13
KILMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2022 I ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total income of the congregatlon is le5S than £250,000 the congregatlon have elected in accordance with the provision5 in The Charities (Account5 and Reports Regulations (Northern Ireland) 2015 to prepare its accounts on a receipts and payments basls. FUND ACCOUNTING Endowment funds are funds, the capltal of which must be retalned elther permanently or at the congregatlon's dlscretlon; the Income derlved from the endowment is to be used elther as restricted or unrestricted Income funds depending upon the purpose for which the endowment was established In the flrst place. Restrlcted funds comprlse la} Income from endowments whlch Is to be expended only on the restrlcted purposes Intended by the donor and Ib) revenue donatlons or grants for a speclflc congregatlonal actlvity Intended by the donor. Where these funds have unspent balances, Interest on their pooled Investment Is apportioned to the Indlvldual funds on an average balance basls. Unrestrlcted funds are income funds which are to be spent on the congregatlon's general purposes. Designated funds are general funds set aslde by the congregatlon for use In the future. DONATIONS AND LEGACIES Unrestrlcted Restrlcted Endowment Funds Funds Funds Total 2022 Total 2021 Recorded glving: Loose collections Donations and gifts Gift Aid Graveyard Bequest 47,957 3Z 20,257 5,122 3,350 2,719 88 68,214 5,154 3,350 11,725 88 60,798 2,956 5.500 11,831 85 9,006 56,995 31,536 88,531 81,170
KILMORE CONGREGATION OF THE PRESBITERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNT (cont'd) 31 December 2022 CHARITABLE ACTIVITI ES Unrestricted Restricted Endowment Funds Funds Funds Total Total 2022 2021 Sunday School Choir PW Group Bowling Club Table tennls Club 578 52 1,305 242 578 52 1,305 242 501 50 2,177 2,177 551 OTHER TRADING ACTIVITIES Unrestrlcted Funds Restrlcted Endowment Funds Funds Total 2022 Total 2021 Letting of premlses 60 5,354 5,414 5,542 60 5,354 5,414 5,542 INVESTMENT INCOME Unrestrlcted Restrlcted Endowment Funds Funds Funds Total 2022 Total 2021 Deposlt Interest General Investment Fund Rents Investment properties Other investment income 238 131 369 381 2,357 527 2,884 2.778 2,595 658 3,253 3.159
KILMORE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {cont'd) 31st December 2022 OTHER INCOME Unrestricted Restrlcted Endowment Fund5 Funds Funds Total 2022 Total 2021 Refund Manse oil Magazlnes etc Harvest Dlrect Transfer Closure of Ulster Bank Acc Refund Oil PW Direct transfer 1,336 434 210 1,336 434 210 4,816 240 40 240 220 4,816 240 40 NIE pole rental 2,028 5,056 7,084 737 RAISING FUNDS Unrestrlcted Restrlcted Endowment Funds Funds Funds Total 2022 Total 2021 FWO envelopes Fundraising events CHARITABLE ACTIVITIES Unre5trlcted Restrlcted Endowment Funds Funds Funds Total Total 2022 2021 General Assembly Assessments Presbytery fees Mlnistry and support staff costs Congregational runnlng expenses Misslons and charities Harvest and PW Governance costs Bequests Property and Graveyard repairs Sunday School Choir PW Group Bowllng Club Table Tennis Club 44,682 558 4,347 14,647 44,682 43.522 558 414 4,347 2,767 14,647 11.532 8,091 1,715 9,806 8,468 527 33,990 420 527 507 33,990 7,020 420 715 1.088 97 1,088 97 506 41 64,234 45,928 110,162 75,492
KILMORE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31st December 2022 OTHER EXPENDITURE Unrestricted Restricted Endowment Funds Funds Funds Total 2022 Total 2021 New Manse build fund 10 FIXED ASSETS The con8regatlon owns the Church premlses sltuated at 6 Drumaghlls Road, Crossgar, BT30 9JR and the associated buildlngs, flxtures, flttln85, plant and machinery. These have an Insurance value of £3,257,475 11 INVESTMENTS The congregatlon has the followlng Investments. Amounts are shown at market valuatlon, 202Z 2021 General Investment Fund Property Other investments 131,204 135,663 3,257,475 3,257,475 3,388,679 3,393,138
KILMORE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31st December 2022. 12 FUND BALANCES Fund Balance Receipts Payment Surplus Transfer Balance at start at end (Deflclt) Unrestrlcted Funds General Fund 119,015 61,678 64,234 12,556) 116,459 119,015 61,678 64,234 12,556) 116.459 Restricted Funds Property Fund Mlsslons & Charltle5 Sunday School Choir PW Group Bowllng Club Table Tennis Club 47,978 28,077 11,400 578 52 1,305 242 33,990 8,091 420 15,913) 3,309 158 52 217 145 42,065 3,309 3,212 693 615 916 370 3,054 641 398 771 370 1,088 97 Glft Aid on restrlcted 2,719 2,719 2.719 53,212 44,373 43.686 687 53,899 Endowment Funds [Name of Fundl Total 172,227 106,051 107,920 (1,869) 170,358