## **Maze Presbyterian Church- NIC105201** 

## **End of Year Financial Statements** 

## **Year ending 2022** 

_Page 1_ 



## • **Introduction** 

This report for Maze Presbyterian Church was compiled using Data developments software version 4.58. 

The report was presented to and passed by the Charity Trustees and Charity Committee. 

Dr George Redpath Treasurer Maze Presbyterian Church 

## **Statement of Financial Activities** 

||**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Total**<br>**Prior year**<br>**funds**<br>**funds**<br>**funds**<br>**funds**<br>**total funds**|
|---|---|
|**Incoming resources**<br>Regular Direct Giving<br>Donations and Legacies<br>Activities that Generate Income<br>Investment Income<br>Other Income Sources<br>**Total income**||
||158,216.07<br>86,067.05<br>—<br>244,283.12<br>222,900.04<br>981.85<br>3,282.86<br>—<br>4,264.71<br>7,914.60<br>967.00<br>10.00<br>—<br>977.00<br>15.00<br>915.57<br>86.22<br>—<br>1,001.79<br>599.99<br>10,372.67<br>—<br>—<br>10,372.67<br>12,883.14|
||**171,453.16**<br>**89,446.13**<br>**—**<br>**260,899.29**<br>**244,312.77**|
|||
|**Resources used**<br>Central Church Assessments<br>Ministry and Support Staff<br>Minister<br>Other Ministry and Support Staff<br>Life and Work<br>Worship and Fellowship<br>Discipleship and Ministry<br>Mission and Outreach<br>Governance<br>Property and Equipment<br>Utilities<br>Repairs and Maintenance<br>Insurances<br>Grants to Missions and Charities<br>United Appeal<br>Other PCI Schemes<br>Other Missions and Charities||
||20,680.75<br>—<br>—<br>20,680.75<br>21,439.00<br>4,734.70<br>—<br>—<br>4,734.70<br>4,140.04<br>49,575.25<br>—<br>—<br>49,575.25<br>48,281.23<br>22,045.63<br>222.32<br>—<br>22,267.95<br>23,642.56|
|||
||4,320.73<br>191.03<br>—<br>4,511.76<br>2,113.53<br>341.67<br>613.75<br>—<br>955.42<br>209.00<br>4,515.75<br>2,856.05<br>—<br>7,371.80<br>5,869.71<br>2,381.29<br>35,862.45<br>—<br>38,243.74<br>27,434.22<br>7,551.84<br>1.00<br>—<br>7,552.84<br>4,433.97<br>12,216.33<br>—<br>—<br>12,216.33<br>8,477.18<br>7,612.81<br>247.55<br>—<br>7,860.36<br>4,585.60<br>4,224.58<br>—<br>—<br>4,224.58<br>3,846.18|
|||
||—<br>11,479.00<br>—<br>11,479.00<br>9,300.00<br>3,695.03<br>4,095.00<br>—<br>7,790.03<br>1,639.99<br>—<br>9,000.00<br>—<br>9,000.00<br>770.00|



_Page 2_ 



|**Total expenditure**|**143,896.36**<br>**64,568.15**<br>**—**<br>**208,464.51**<br>**166,182.21**|
|---|---|
|||
|Gains / losses on investment assets<br>**Net income / (expenditure) resources before**<br>**transfer**|—<br>—<br>(3,711.79)<br>(3,711.79)<br>—|
||**27,556.80**<br>**24,877.98**<br>**(3,711.79)**<br>**48,722.99**<br>**78,130.56**|
|||
|**Transfers**<br>Gross transfers between funds - in<br>Gross transfers between funds - out<br>**Other recognised gains / losses**<br>**Net movement in funds**||
||49,852.29<br>75,281.69<br>6,859.94<br>131,993.92<br>120,659.66<br>(79,123.86)<br>(46,010.12)<br>(6,859.94)<br>(131,993.92)<br>(120,659.66)|
|||
||**(1,714.77)**<br>**54,149.55**<br>**(3,711.79)**<br>**48,722.99**<br>**78,130.56**|
|||
|**Total funds brought forward**|**124,059.25**<br>**502,484.83**<br>**38,152.86**<br>**664,696.94**<br>**586,566.38**|
|||
|**Total funds carried forward**|**122,344.48**<br>**556,634.38**<br>**34,441.07**<br>**713,419.93**<br>**664,696.94**|
|||
|**Represented by**||
|||
|**Unrestricted**<br>General fund||
||122,344.48<br>—<br>—<br>122,344.48<br>124,059.25|
|||
|**Restricted**<br>Building Fund<br>Duke of Edinburgh<br>Loan Fund<br>Missions Fund<br>Parents & Toddlers<br>Thursday Craft Club<br>United Appeal<br>Women @ Maze<br>Youth Club||
||—<br>961,884.77<br>—<br>961,884.77<br>958,741.43<br>—<br>5,498.10<br>—<br>5,498.10<br>5,438.25<br>—<br>(423,749.34)<br>—<br>(423,749.34)<br>(473,580.21)<br>—<br>9,940.89<br>—<br>9,940.89<br>9,388.90<br>—<br>764.36<br>—<br>764.36<br>1,017.85<br>—<br>100.00<br>—<br>100.00<br>100.00<br>—<br>816.99<br>—<br>816.99<br>—<br>—<br>308.58<br>—<br>308.58<br>308.58<br>—<br>1,070.03<br>—<br>1,070.03<br>1,070.03|
|||
|**Endowment**<br>General Investment Fund<br>Interest Free Loans||
||—<br>—<br>41,441.07<br>41,441.07<br>45,152.86<br>—<br>—<br>(7,000.00)<br>(7,000.00)<br>(7,000.00)|



## **Balance sheet** 

_Page 3_ 



|**Class and code**<br>**Description**|**Thisyear**<br>**Lastyear**|
|---|---|
|||
|||
|**Fixed assets**<br>6000<br>Freehold land (cost or valuation)<br>6001<br>Buildings (cost or valuation)<br>6200<br>General investment fund<br>6201<br>Treasury Stock<br>6202<br>national savings<br>**Total Fixed assets**||
||—<br>—<br>900,000.00<br>900,000.00<br>41,441.07<br>45,152.86<br>—<br>—<br>—<br>—|
||**941,441.07**<br>**945,152.86**|
|||
|**Current assets**<br>6300<br>Bank balances Current Account<br>6306<br>Bank Balance Building Fund<br>6307<br>Badminton Club<br>6308<br>Youth Club<br>6309<br>Parents & Toddlers<br>6310<br>Tuesday Club<br>6311<br>Duke of Edinburgh<br>6312<br>Women @ Maze<br>6313<br>Variable Rate Loan Account<br>6314<br>Fixed Rate Loan Account<br>Z05<br>Accounts Receivable<br>**Total Current assets**||
||133,202.36<br>133,548.15<br>61,884.77<br>58,741.43<br>—<br>—<br>1,070.03<br>1,070.03<br>764.36<br>1,017.85<br>—<br>—<br>5,498.10<br>5,438.25<br>308.58<br>308.58<br>(102,844.92)<br>(114,939.28)<br>(320,904.42)<br>(358,640.93)<br>—<br>—|
||**(221,021.14)**<br>**(273,455.92)**|
|||
|**Liabilities**<br>6400<br>Creditors<br>6403<br>Loans Repayable (inc interest free loans<br>6404<br>Fixed rate Loan<br>6405<br>Variable rate Loan<br>**Total Liabilities**||
||—<br>—<br>7,000.00<br>7,000.00<br>—<br>—<br>—<br>—|
||**7,000.00**<br>**7,000.00**|
|||
|**Net Asset surplus(deficit)**|**713,419.93**<br>**664,696.94**|
|||
|**Reserves**<br>Excess / (deficit) to date<br>Z01<br>Starting balances<br>Z02<br>Gains/(losses) on investment assets<br>**Total Reserves**||
||52,434.78<br>78,130.56<br>664,696.94<br>586,566.38<br>(3,711.79)<br>—|
||**713,419.93**<br>**664,696.94**|



_Page 4_ 



|**Represented by funds**<br>Unrestricted<br>Designated<br>Restricted<br>Endowment<br>**Total**||
|---|---|
||122,344.48<br>124,059.25<br>—<br>—<br>556,634.38<br>502,484.83<br>34,441.07<br>38,152.86|
||**713,419.93**<br>**664,696.94**|



## **Statement of assets and liabilities** 

||**Thisyear**<br>**Lastyear**|
|---|---|
|**Investments**<br>**General investment fund**<br>General fund (Unrestricted) -<br>General Investment Fund (Endowment) -<br>Treasury Stock (Endowment) -<br>National Savings (Endowment) -||
|||
||6,859.94<br>6,859.94<br>41,441.07<br>45,152.86<br>(0.01)<br>(0.01)<br>(6,859.93)<br>(6,859.93)|
||**41,441.07**<br>**45,152.86**|
|||
|**Treasury Stock**<br>General fund (Unrestricted) -<br>Treasury Stock (Endowment) -||
||(0.01)<br>(0.01)<br>0.01<br>0.01|
||**—**<br>**—**|
|||
|**national savings**<br>General Investment Fund (Endowment) -<br>National Savings (Endowment) -||
||(6,859.93)<br>(6,859.93)<br>6,859.93<br>6,859.93|
||**—**<br>**—**|
|||
|**Total for Investments**|**41,441.07**<br>**45,152.86**|
|||
|**Tangible assets**<br>**Buildings (cost or valuation)**<br>Building Fund (Restricted) -||
|||
||900,000.00<br>900,000.00|
||**900,000.00**<br>**900,000.00**|
|||
|**Total for Tangible assets**|**900,000.00**<br>**900,000.00**|



_Page 5_ 



|**Cash at bank and in hand**<br>**Bank balances Current Account**<br>General fund (Unrestricted) -<br>Building Fund (Restricted) -<br>United Appeal (Restricted) -<br>Harvest (Restricted) -<br>Loan Fund (Restricted) -<br>Missions Fund (Restricted) -<br>Interest Free Loans (Endowment) -<br>General Investment Fund (Endowment) -<br>Thursday Craft Club (Restricted) -||
|---|---|
|||
||144,464.02<br>148,608.79<br>121,871.41<br>118,961.41<br>606.99<br>(90.00)<br>(1,450.00)<br>(1,450.00)<br>(144,650.88)<br>(144,650.88)<br>9,400.89<br>9,208.90<br>(4,000.00)<br>(4,000.00)<br>6,859.93<br>6,859.93<br>100.00<br>100.00|
||**133,202.36**<br>**133,548.15**|
|||
|**Bank Balance Building Fund**<br>General fund (Unrestricted) -<br>Building Fund (Restricted) -<br>United Appeal (Restricted) -<br>Harvest (Restricted) -<br>Loan Fund (Restricted) -<br>Missions Fund (Restricted) -<br>Interest Free Loans (Endowment) -||
||(9,976.03)<br>(12,406.03)<br>(4,664.64)<br>(4,897.98)<br>210.00<br>90.00<br>1,450.00<br>1,450.00<br>72,325.44<br>72,325.44<br>540.00<br>180.00<br>2,000.00<br>2,000.00|
||**61,884.77**<br>**58,741.43**|
|||
|**Youth Club**<br>Youth Club (Restricted) -||
||1,070.03<br>1,070.03|
||**1,070.03**<br>**1,070.03**|
|||
|**Parents & Toddlers**<br>Parents & Toddlers (Restricted) -||
||764.36<br>1,017.85|
||**764.36**<br>**1,017.85**|
|||
|**Duke of Edinburgh**<br>Duke of Edinburgh (Restricted) -||
||5,498.10<br>5,438.25|
||**5,498.10**<br>**5,438.25**|
|||
|**Women @ Maze**<br>Women @ Maze (Restricted) -||
||308.58<br>308.58|
||**308.58**<br>**308.58**|



_Page 6_ 



|**Variable Rate Loan Account**<br>Loan Fund (Restricted) -||
|---|---|
||(102,844.92)<br>(114,939.28)|
||**(102,844.92)**<br>**(114,939.28)**|
|||
|**Fixed Rate Loan Account**<br>General fund (Unrestricted) -<br>Building Fund (Restricted) -<br>Loan Fund (Restricted) -||
||(17,003.44)<br>(17,003.44)<br>(55,322.00)<br>(55,322.00)<br>(248,578.98)<br>(286,315.49)|
||**(320,904.42)**<br>**(358,640.93)**|
|||
|**Total for Cash at bank and in hand**|**(221,021.14)**<br>**(273,455.92)**|
|||
|**Debtors**<br>**Accounts Receivable**<br>General fund (Unrestricted) -<br>Interest Free Loans (Endowment) -||
|||
||(2,000.00)<br>(2,000.00)<br>2,000.00<br>2,000.00|
||**—**<br>**—**|
|||
|**Total for Debtors**|**—**<br>**—**|
|||
|**Creditors: Amounts falling due in one year**<br>**Loans Repayable (inc interest free loans**<br>Interest Free Loans (Endowment) -||
|||
||(7,000.00)<br>(7,000.00)|
|||
|**Total for Creditors: Amounts falling due in one year**|**(7,000.00)**<br>**(7,000.00)**|
|||
|**Grand total**|**713,419.93**<br>**664,696.94**|



_Page 7_