2022-12-31-accounts

Ballyroney Presbyterian Church

Statement of Financial Activity Receipts and Payments Account for the year ended 31 December 2022

Note Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Receipts Donations and legacies 2 55,023.68 25,756.88 - 80,780.56 Charitable activities 3 405.00 18,687.62 - 19,092.62 Other trading activities 4 4,500.00 - - 4,500.00 Investment Income 5 - 10.67 - 10.67 Other 6 520.36 - - 520.36 60,449.04 44,455.17 - 104,904.21 Sale of Investments - - - - Sale of Fixed Assest - - - - Loans Received - - - - - - - - Total Receipts 60,449.04 44,455.17 - 104,904.21 Payments Raising Funds 7 623.00 2,728.32 - 3,351.32 Charitable activities 8 37,055.12 32,251.16 - 69,306.28 Investment costs - - - - Other 9 - - - - 37,678.12 34,979.48 - 72,657.60 Purchase of investments - - - - Purchase of fixed assets - - - - Loan Repayments - - - - - - - - Total Payments 37,678.12 34,979.48 - 72,657.60 Net receipts/payments 22,770.92 9,475.69 - 32,246.61 Transfers between funds (105.38) 105.38 - Net movement in funds 22,665.54 9,581.07 - 32,246.61 Funds brought forward 18,073.19 139,557.90 157,631.09 Funds carried forward 12 40,738.73 149,138.97 - 189,877.70

Total 2021 75,016.81 10,193.00 - 17.77 2,341.27 87,568.85 - - - - 87,568.85 659.80 76,600.39 - - 77,260.19 - - - - 77,260.19 10,308.66 - 10,308.66 147,322.43 157,631.09

Statement of Assets and Liabilities as at 31 December 2022

Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Funds Reconciliation Bank and cash at start of year 18,073.19 139,557.90 0.00 157,631.09 Net movement in funds 22,665.54 9,581.07 32,246.61 Bank and cash at end of year 40,738.73 149,138.97 0.00 189,877.70 Bank & Cash Balances Bank Deposit Accounts 1,332.96 Bank Current Accounts 188,236.69 Cash in Hand 308.05 189,877.70 Other Assets Fixed Assets 10 - Church Premises (buildings - valued insured) 2,752,865.23 - Fixtures Fittings & Equipment - Vehicles Investments 11 0.00 Gift Aid receivable on donations 10,678.74 Enter details of other assets 2,763,543.97 Liabilities Loans Enter details of any other liabilities 0.00 Other 0.00

Total 2021 147,322.43 10,308.66 157,631.09 1,332.83 156,172.20 126.06 157,631.09 2,560,804.87 0.00 10,403.64 2,571,208.51 0.00 0.00

Notes to the Accounts 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.

Restricted 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

Recorded giving Loose collections Donations and gifts Gift Aid Legacies and bequest Other 3. CHARITABLE ACTIVITIES Income from charitable activities Fees from weddings and funerals Fundraising events Membership fees Grants	Unrestricted Funds Restricted Funds Endowment Funds Total 2022 606.16 6,023.45 0.00 6,629.61 46,374.00 16,213.31 0.00 62,587.31 8,043.52 2,360.12 0.00 10,403.64 0.00 1,160.00 0.00 1,160.00 0.00 0.00 0.00 0.00 55,023.68 25,756.88 0.00 80,780.56 Unrestricted Funds Restricted Funds Endowment Funds Total 2022 0.00 2,610.00 0.00 2,610.00 405.00 3,399.62 0.00 3,804.62 0.00 9,360.00 0.00 9,360.00 0.00 3,318.00 0.00 3,318.00 405.00 18,687.62 0.00 19,092.62	Total 2021 1,228.30 63,980.50 9,808.01 0.00 0.00 75,016.81 Total 2021 1,580.00 608.00 3,595.00 4,410.00 10,193.00

4. OTHER TRADING ACTIVITIES

Letting of premises Trading income	Unrestricted Funds Restricted Funds Endowment Funds Total 2022 4,500.00 0.00 0.00 4,500.00 0.00 0.00 0.00 0.00 4,500.00 0.00 0.00 4,500.00	Total 2021 0.00 0.00 0.00

5. INVESTMENT INCOME

Deposit interest General invesment fund Rents investment properties Other investment income 6. OTHER INCOME Insurance claims Other income 7. RAISING FUNDS FWO envelopes Fundraising events 8. CHARITABLE ACTIVITIES General Assembly Assessments Presbytery Fees Ministry and support staff costs Congregational running expense Donations to missions and charities Governance costs 9. OTHER EXPENDITURE Investment properties expenses	Unrestricted Funds Restricted Funds Endowment Funds Total 2022 0.00 10.54 0.00 10.54 0.00 0.13 0.00 0.13 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10.67 0.00 10.67 Unrestricted Funds Restricted Funds Endowment Funds Total 2022 0.00 0.00 0.00 0.00 520.36 0.00 0.00 520.36 520.36 0.00 0.00 520.36 Unrestricted Funds Restricted Funds Endowment Funds Total 2022 623.00 0.00 0.00 623.00 0.00 2,728.32 0.00 2,728.32 623.00 2,728.32 0.00 3,351.32 Unrestricted Funds Restricted Funds Endowment Funds Total 2022 4,862.00 0.00 0.00 4,862.00 463.00 0.00 0.00 463.00 13,460.60 100.00 0.00 13,560.60 18,269.52 17,157.60 0.00 35,427.12 0.00 14,993.56 0.00 14,993.56 0.00 0.00 0.00 0.00 37,055.12 32,251.16 0.00 69,306.28 Unrestricted Funds Restricted Funds Endowment Funds Total 2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	Total 2021 7.68 10.09 0.00 0.00 17.77 Total 2021 0.00 2,341.27 2,341.27 Total 2021 623.00 36.80 659.80 Total 2021 10,546.00 299.00 34,974.75 22,243.59 8,537.05 0.00 76,600.39 Total 2021 0.00 0.00

10. FIXED ASSETS

The congregation owns the Church premises and Church Hall situated at 5 Tierkelly Hill Road, Rathfriland, Co Down, BT32 5EW and the manse at 13 Seafin Road, Ballyroney, Banbridge, Co Down, BT32 5EP together with the associated fixtures, fittings, plant and machinery. These have an insurance value of £2,752,865.23

11. INVESTMENTS

The congregation has no investments.

General Investment Fund Property Other Investments	Unrestricted Funds Restricted Funds Endowment Funds Total 2022 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	Total 2021 0.00 0.00 0.00 0.00

12. FUND BALANCES

Unrestricted Funds General Fund	Balance at start Receipt Payment Surplus/ (Deficit) Transfer Balance at end 18,073.19 60,449.04 37,678.12 22,770.92 -105.38 40,738.73
	18,073.19 60,449.04 37,678.12 22,770.92 -105.38 40,738.73
Restricted Funds Building Fund Congregational Missions & Charities Fun Graveyard Sunday School Badminton Club Bereavement Catering Bowling Club Boys Brigade Breakthru Female Focus Girls Brigade Joint Midweek JOY Lunch Missionary Youth Club	106,322.50 12,595.50 2,790.00 9,805.50 -593.63 115,534.37 0.00 9,405.57 9,510.95 -105.38 105.38 0.00 13,283.61 4,780.00 4,256.07 523.93 13,807.54 1,994.87 432.98 668.09 -235.11 1,759.76 7.21 0.00 0.00 0.00 7.21 4,686.70 0.00 264.92 -264.92 4,421.78 472.84 0.00 0.00 0.00 472.84 829.13 7,956.39 3,940.58 4,015.81 4,844.94 959.70 121.31 0.00 121.31 1,081.01 533.31 1,265.97 253.76 1,012.21 1,545.52 1,504.33 4,018.62 4,592.41 -573.79 930.54 288.42 0.00 0.00 0.00 288.42 0.00 0.00 0.00 0.00 0.00 714.62 25.50 800.00 -774.50 593.63 533.75 7,960.66 3,853.33 7,902.70 -4,049.37 3,911.29
	139,557.90 44,455.17 34,979.48 9,475.69 105.38 149,138.97
Endowment Funds
	0.00 0.00 0.00 0.00 0.00 0.00
Total	157,631.09 104,904.21 72,657.60 32,246.61 0.00 189,877.70