## **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**|