MILLISLE & BALLYCOPELAND CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
Financial Statements for the year ended 31 December 2022
Registered Charity in Northern Ireland (NIC105206)
MILLISLE & BALLYCOPELAND CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY
Year ending 31 December 2022
| Receipts Note Donations and Legacies 2 Charitable activities 3 Other trading activities 4 Investment income 5 Other 6 Sale of investments Sale of fixed assets Loans received Total Receipts Payments Raising funds 7 Charitable activities 8 Investment costs Other 9 Purchase of investments Purchase of fixed assets Loan repayments Total Payments Net receipts/(payments) Transfers between funds Net movement of funds Funds brought forward Funds carried forward |
Unrestricted Funds Restricted Funds Endowment Funds Total 2022 72,101 8,106 0 80,206 3,055 7,917 0 10,971 780 0 0 780 267 2,608 0 2,875 2,722 2,599 0 5,321 78,924 21,229 0 100,153 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 78,924 21,229 0 100,153 609 0 0 609 55,991 19,004 0 74,995 0 0 0 0 1,245 720 0 1,965 57,844 19,724 0 77,569 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 57,844 19,724 0 77,569 21,080 1,505 0 22,585 0 0 0 0 21,080 1,505 0 22,585 25,947 99,486 0 125,433 47,026 100,991 0 148,018 |
Total 2021 81,207 3,715 0 2,069 1,909 |
|---|---|---|
| 88,899 | ||
| 0 0 0 |
||
| 0 | ||
| 88,899 | ||
| 565 85,342 0 0 |
||
| 85,907 | ||
| 0 0 0 |
||
| 0 | ||
| 85,907 | ||
| 2,992 0 |
||
| 2,992 122,440 |
||
| 125,433 |
Registered Charity in Northern Ireland (NIC105206)
MILLISLE & BALLYCOPELAND CONGREGATION OF THE PREBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As of 31 December 2022
| Funds Reconciliation Bank and Cash at start of year Net movement in funds Bank and Cash at end of year Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand Other Assets Fixed Assets - Note 10 > Church premises > Fixtures, Fittings, Equipment > Vehicles Investments - Note 11 Gift aid receivable on donations Liabilities Loans Other Total Funds |
Unrestricted Funds Restricted Funds Endowment Funds 25,947 99,486 0 21,080 1,505 0 |
Total 2022 125,433 22,585 148,018 5,152 142,677 189 148,018 0 0 0 0 0 0 0 0 0 0 148,018 |
Total 2021 122,440 2,992 |
|---|---|---|---|
| 47,026 100,991 0 |
125,433 | ||
| 5,856 119,492 85 |
|||
| 125,433 | |||
| 0 0 0 0 0 0 |
|||
| 0 | |||
| 0 0 |
|||
| 0 | |||
| 125,433 |
Approved by the Kirk Session at a meeting on 26th April 2023 and signed on it's behalf by: -
Miss M Startin
Mr E Walton
Registered Charity in Northern Ireland (NIC105206)
MILLISLE & BALLYCOPELAND CONGREGATION OF THE PREBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES
31 December 2022
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
Endowment funds are funds, the capital of which must be retained either permanently or at the congregation's discretion; the income derived from the endowment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place.
Resticted funds comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor and (b) 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 set aside by the congregation for use in the future.
2. DONATIONS AND LEGACIES
| a) Recorded giving b) Loose collections c) Donations and gifts d) Gift aid e) Legacies and bequests |
Unrestricted Funds Restricted Funds Endowment Funds Total 2022 58,311 7,311 0 65,622.26 784 0 0 783.70 2,187 0 0 2,187.33 10,818 795 0 11,612.93 0 0 0 0.00 72,101 8,106 0 80,206 |
Total 2021 |
|---|---|---|
| 65,406 578 4,740 10,483 0 |
||
| 81,207 |
3. CHARITABLE ACTIVITIES
| a) Income from charitable activities b) Fees from weddings and funerals c) Fundraising events d) Membership fees e) Grants Organisations income |
Unrestricted Funds Restricted Funds Endowment Funds Total 2022 0 4,244 0 4,244 0 0 0 0 3,055 0 0 3,055 0 0 0 0 0 0 0 0 0 3,673 0 3,673 3,055 7,917 0 10,971 |
Total 2021 |
|---|---|---|
| 1,155 0 0 0 0 2,559 |
||
| 3,715 |
4. OTHER TRADING ACTIVITIES
| a) Letting of premises b) Trading income |
Unrestricted Funds Restricted Funds Endowment Funds Total 2022 780 0 0 780 0 0 0 0 780 0 0 780 |
Total 2021 |
|---|---|---|
| 0 0 |
||
| 0 |
Registered Charity in Northern Ireland (NIC105206)
5. INVESTMENT INCOME
| a) Deposit interest b) General Investment Fund c) Rents investment properties d) Other investment income |
Unrestricted Funds Restricted Funds Endowment Funds Total 2022 267 2,608 0 2,875 0 0 0 0 0 0 0 0 0 0 0 0 267 2,608 0 2,875 |
Total 2021 |
|---|---|---|
| 2,069 0 0 0 |
||
| 2,069 |
6. OTHER INCOME
| a) Insurance claims b) Other income |
Unrestricted Funds Restricted Funds Endowment Funds Total 2022 0 0 0 0 2,722 2,599 0 5,321 2,722 2,599 0 5,321 |
Total 2021 |
|---|---|---|
| 0 1,909 |
||
| 1,909 |
7. RAISING FUNDS
| a) FWO envelopes b) Fundraising events |
Unrestricted Funds Restricted Funds Endowment Funds Total 2022 609 0 0 609 0 0 0 0 609 0 0 609 |
Total 2021 |
|---|---|---|
| 565 0 |
||
| 565 |
8. CHARITABLE ACTIVITIES
| 8. CHARITABLE ACTIVITIES | ||
|---|---|---|
| a) General Assembly Assessments b) Presbytery Fees c) Ministry and support staff costs d) Congregational running expenses e) Donations to Missions and charities f) Governance costs Organisation expenses 9. OTHER EXPENDITURE Investment properties expenses |
Unrestricted Funds Restricted Funds Endowment Funds Total 2022 10,969 0 0 10,969 794 0 0 794 31,024 0 0 31,024 12,814 5,015 0 17,829 0 8,128 0 8,128 390 0 0 390 0 5,861 0 5,861 55,991 19,004 0 74,995 1,245 720 0 1,965 Unrestricted Funds Restricted Funds Endowment Funds Total 2022 0 0 0 0 |
Total 2021 |
| 15,245 794 44,186 17,004 5,792 360 1,961 |
||
| 85,342 | ||
| 0 | ||
| Total 2021 | ||
| 0 |
10. FIXED ASSETS
The congregation owns the church premises situated at 17 Ballywalter Road, Millisle and the associated fixtures, fittings, plant and machinery. These have an insurance value of £3,178,050
11. INVESTMENTS
| General Investment Fund Property Other investments |
Unrestricted Funds Restricted Funds Endowment Funds Total 2022 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
Total 2021 |
|---|---|---|
| 0 0 0 |
||
| 0 |
Registered Charity in Northern Ireland (NIC105206)
12. FUND BALANCES
| Fund Balance at start Receipts Payments Surplus / (Deficit) Unrestricted Funds FWO/General Fund 25,947 78,924 57,844 21,080 Restricted Funds Ballycopeland Graveyard Maintenance 0 1,664 720 944 Building Fund 41,263 4,979 3,930 1,049 Christian Aid 0 500 500 0 Church Charity Fund 0 1,271 1,271 0 Disaster Fund 506 0 0 0 Flower Festival 7,249 0 0 0 Flower Fund 194 10 100 -90 Interest on Simpson Gift 39,825 2,535 745 1,790 Millisle Old School Fund 530 0 0 0 Moderators Appeal Fund 0 2,113 2,113 0 Presbyterian Children's Society 0 360 360 0 Relief Fund 300 0 0 0 Religious Publications -74 240 240 0 United Appeal 0 3,161 3,161 0 World Development 0 724 724 0 Girls Brigade 5,015 1,977 3,670 -1,693 Bowling Club 1,471 607 58 549 Ignite Youth Group 78 0 0 0 Presbyterian Women 1,386 294 1,142 -848 Tuesday Club 70 0 0 0 Catering Committee 1,083 796 976 -180 Sunday School 179 0 0 0 Boys Brigade 411 0 16 -16 Total 99,486 21,229 19,724 1,505 Endowment Funds 0 0 0 0 Total 125,433 100,153 77,569 22,585 |
Transfer Balance at end |
|---|---|
| 47,026 | |
| 944 42,312 0 0 506 7,249 104 41,615 530 0 0 300 -74 0 0 3,322 2,021 78 538 70 903 179 395 |
|
| 0 100,991 |
|
| 0 | |
| 0 148,018 |
Registered Charity in Northern Ireland (NIC105206)