## **TRINITY BOARDMILLS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2023** ||**Not**|**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**| |---|---|---|---|---|---|---| ||**e**|**Funds**|**Funds**|**Funds**|**2023**|**2022**| |||£|£|£|£|£| |**Receipts**||||||| |Donatons and legacies|2|95071|51658|0|146729|154367| |Charitable actvites
Other trading actvites|3
------|400
3154|1083
0|0
0|1483
3154|425
1001| ||------|||||| |Investment Income|5|343|0|0|343|100| |Other (GIF)|6|0|0|0|0|0| |||----------|----------|----------|----------|----------| |||98968|52741|0|151709|155893| |Sale of Investments||0|0|0|0|0| |Sale of fxed assets||0|0|0|0|0| |Loans Received||0|0|0|0|0| |||----------|----------|----------|----------|----------| |**Total Receipts**||98968|52741|0|151709|155893| |||----------|----------|----------|----------|----------| |**Payments**||||||| |Raising funds|7|712|0|0|712|798| |Charitable actvites|8|70033|81234|0|151267|153923| |Investment costs||0|0|0|0|0| |Other|9|0|0|0|0|0| |||----------|----------|----------|----------|----------| |||70745|81234|0|151979|154721| |Purchase of Investments||0|0|0|0|0| |Purchase of fxed assets||0|0|0|0|0| |Loan Repayments||0|0|0|0|0| |||----------|----------|----------|----------|----------| |**Total Payments**||70745|81234|0|151979|154721| |||----------|----------|----------|----------|----------| |Net receipts / (payments)||28223|(28493)|0|(270)|(91)| |Transfers between funds||(3120)|3120|0|0|0| |||----------|----------|----------|----------|----------| |Net movement in funds||25103|(25373)|1276|(270)|(91)| |Funds brought forward||15188|193267|14103|222558|222649| |||----------|---------|----------|----------|----------| |Funds carried forward|12|40291|167894|15379|223564|222558| |||======|======|======|======|======| |||||||1| ## **TRINITY BOARDMILLS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES** ## **As at 31 December 2023** |**As at 31 December 2023**|||||| |---|---|---|---|---|---| ||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**| ||**Funds**|**Funds**|**Funds**|**Funds**|**Funds**| |||||**2023**|**2022**| ||£|£|£|£|£| |**Funds Reconciliaton**|||||| |Bank and Cash at start of year|15188|193267|14103|222558|222649| |Net movement in funds|25103|25373|1276|1006|(91)| ||----------|----------|----------|----------|----------| |Bank and Cash at end of year|40291|167894|15379|223564|222558| ||======-|=======|=======|=======|=======| |**Bank & Cash Balances**|||||| |Bank Deposit Accounts||||148809|169893| |Bank Current Accounts||||74755|52665| |Cash in Hand||||0|0| |||||----------|----------| |||||223564|222558| |||||=======|=======| |**Other Assets**|||||| |Fixed Assets – Note 10|||||| |- Church Premises||||3,717,554|3,458,189| |- Fixtures, Fitngs & Equipment||||0|0| |- Vehicles||||0|0| |Investments – Note 11||||15379|14103| |Gif Aid receivable on donatons||||22629|22779| |||||----------|----------| |||||3,755,562|3,474,569| |||||=======|=======| |**Liabilites**|||||| |Loans||||0|0| |Other||||0|0| |||||----------|----------| |||||0|0| |||||=======|=======| |Approved by the Kirk Session at a meetng on||and signed on its behalf||by|| |Rev John Torrens||Adrian|Paterson||| 2 ## **TRINITY BOARDMILLS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS** ## **31 December 2023** ## **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** ||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**| |---|---|---|---|---|---| ||**Funds**|**Funds**|**Funds**|**2023**|**2022**| ||£|£|£|£|£| |Recorded giving:|||||| |Loose collectons
Donatons and gifs|2301
77336|0
46206|0
0|2301
123542|667
134481| |Gif Aid|15434|5452|0|20886|19219| |Legacies and bequest|0|0|0|0|0| ||----------|----------|----------|----------|----------| ||95071|51658|0|146729|154367| ||----------|----------|----------|----------|----------| 3 ## **TRINITY BOARDMILLS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS** ## **31 December 2023** ## **3. CHARITABLE ACTIVITIES** ||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**| |---|---|---|---|---|---| ||**Funds**|**Funds**|**Funds**|**2023**|**2022**| ||£|£|£|£|£| |Income from charitable actvites|||||| |Fees from weddings and funerals|0|0|0|0|0| |Fundraising events|400|1083|0|1483|425| |Membership fees|0|0|0|0|0| |Grants|0|0|0|0|0| ||----------|----------|----------|----------|----------| ||400|1083|0|1483|425| ||----------|----------|----------|----------|----------| ## **4. OTHER TRADING ACTIVITIES** ||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**| |---|---|---|---|---|---| ||**Funds**|**Funds**|**Funds**|**2023**|**2022**| ||£|£|£|£|£| |Letng of premises|200|0|0|200|0| |Trading income|2954|0|0|2954|1001| ||----------|----------|----------|----------|----------| ||3154|0|0|3154|1001| ||----------|----------|----------|----------|----------| ## **5. INVESTMENT INCOME** |**5.**
**INVESTMENT INCOME**|||||| |---|---|---|---|---|---| ||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**| ||**Funds**|**Funds**|**Funds**|**2023**|**2022**| ||£|£|£|£|£| |Deposit interest|113|0|0|113|100| |General Investment Fund|230|0|0|230|0| |Rents investment propertes|0|0|0|0|0| |Other investment income|0|0|0|0|0| ||----------|----------|----------|----------|----------| ||343|0|0|343|100| ||----------|----------|----------|----------|----------| 4 ## **TRINITY BOARDMILLS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont’d)** ## **31 December 2023** ## **6. OTHER INCOME** ||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**| |---|---|---|---|---|---| ||**Funds**|**Funds**|**Funds**|**2023**|**2022**| ||£|£|£|£|£| |Insurance claims|0|0|0
|0|0| |Investment Gain (GIF)|0|0|0|0|0| ||----------|----------|----------|----------|----------| ||0|0|0|0|0| ||----------|----------|----------|----------|----------| **7. RAISING FUNDS** |**7.**
**RAISING FUNDS**|||||| |---|---|---|---|---|---| ||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**| ||**Funds**|**Funds**|**Funds**|**2023**|**2022**| ||£|£|£|£|£| |FWO envelopes|712|0|0|712|798| |Fundraising events|0|0|0|0|0| ||----------|----------|----------|----------|----------| ||712|0|0|712|798| ||----------|----------|----------|----------|----------| |**8.**
**CHARITABLE ACTIVITIES**|||||| ||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**| ||**Funds**|**Funds**|**Funds**|**2023**|**2022**| ||£|£|£|£|£| |General Assembly Assessments|13864|0|0|13864|16624| |Presbytery fees|797|0|0|797|806| |Ministry and support staf costs
Congregatonal running expenses|28739
26633|0
60284|0
0|25839
89067|55096
76597| |Donatons to Missions and charites|750|20950|0|21700|4800| |Governance costs|0|0|0|0|0| ||----------|----------|----------|----------|----------| ||70033|81234|0|151267|153923| ||----------|----------|----------|----------|----------| 5 ## **TRINITY BOARDMILLS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont’d) 31 December 2023** ## **9. OTHER EXPENDITURE** ||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**| |---|---|---|---|---|---| ||**Funds**|**Funds**|**Funds**|**2023**|**2022**| ||£|£|£|£|£| |Investment propertes expenses|0|0|0|0|0| ||----------|----------|----------|----------|----------| ||0|0|0|0|0| ||----------|----------|----------|----------|----------| ## **10. FIXED ASSETS** The congregation owns the Church premises (incorporating Church, Hall) situated at 35 Church Road, Boardmills, Lisburn, Church Hall at 54 Church Road, Boardmills, Lisburn, the Manse at 55 Church Road, Boardmills, Lisburn. together with the associated fixtures, fittings, plant and machinery. These have an insurance value of £3,717,554 ## **11. INVESTMENTS** The congregation has the following investments. Amounts are shown at market valuation. ||**2023**|**2022**| |---|---|---| ||**£**|**£**| |General Investment Fund|15379|14103| |Property|0|0| |Other investments|0|0| ||----------|----------| ||15379|14103| ||----------|----------| 6 ## **TRINITY BOARDMILLS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont’d)** ## **31 December 2023** ## **12. FUND BALANCES** |**Fund**|**Balance**|**Receipts**|**Payment**|**Surplus /**|**Transfer**|**Balance**| |---|---|---|---|---|---|---| ||**at start**|||**(Defcit)**||**at end**| ||£|£|£|£|£|£| |**Unrestricted Funds**||||||| |General Fund|15188|98968|70745|25103|(3120)|40291| ||----------|----------|----------|----------|----------|----------| ||15188|98968|70745|25103|(3120)|40291| ||----------|----------|----------|----------|----------|----------| |**Restricted Funds**||||||| |Property Fund|95248|16972|38290|(23118)|(1800)|72130| |Development Fund|60542|758|0|758|0|61300| |Missions / Charites Fund|0|10059|10059|0|0|0| |Church Support Funds|24209|15610|22009|(1169)|5230|23040| |Organisatons Fund|13268|9342|10876|(1844)|(310)|11424| ||----------|----------|----------|----------|----------|----------| ||193267|52741|81234|(25373)|3120|167894| |**Endowment Funds**||||||| |General Investment Funds|14103|1276||||15379| |Gains||||||| Total 222558 223564 7