# **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)