|||**Not**|**Unrestricted**|**Restricted**|**Endowment**|**Total**|||**Total**|
|---|---|---|---|---|---|---|---|---|---|
|||**e**|**Funds**|**Funds**|**Funds**|**2023**|||**2022**|
||||£|£|£|£|||£|
|**Receipts**||||||||||
|Donations and legacies||2|26,565|39,740|0|66,305|||44,275|
|Investment Income||3|939|0|0|939|||326|
|Other income||4|814|836|0|1,650|||5,004|
|||||||||||
|**Total** **Receipts**|||28,319|40,576|0|68,895|||49,605|
|||||||||||
|**Payments**||||||||||
|Raising funds||5|0|0|0|0|||0|
|Charitable activities||6|(9,647)|(27,146)|0|(36,794)|||(34,591)|
|Other||7|(89)|0|0|(89)|||(16,256)|
|||||||||||
|**Total** **Payments**|||(9,736)|(27,146)|0|(36,883)|||(50,847)|
|||||||||||
|Net receipts / (payments)|||18,583|13,430|0|32,012|||-1,242|
|Transfers between funds|||0|0|0|0|||0|
|Net movement in funds|||18,583|13,430|0|32,012|||(1,242)|
|Funds brought forward|||126,574|13,502|0|140,076|||141,318|
|||||||||||
|Funds carried forward||10|145,157|26,932|0|172,088|||140,076|
||||======|======|======|======|||======|
||||**Unrestricted**|**Restrict**|**Endowment**|**Total**|||**Total** **Funds**|
||||**Funds**|**Funds**|**Funds**|**2022**|||**2022**|
||||£|£|£|£|||£|
||**Funds** **Reconciliation**|||||||||
||Bank and Cash at start of||126,574|13,502|0|140,076|||141,318|
||Net movement in funds||18,583|13,430|0|32,012|||-1,242|
||Bank and Cash at end of year||145,157|26,932|0|172,088|||140,076|
||||=======|=======|=======|=======|||=======|
||**Bank** **&** **Cash** **Balances**|||||||||
||Bank Deposit Accounts|||||0|||0|
||Bank Current Accounts|||||172,088|||140,076|
||Cash in Hand|||||0|||0|
|||||||||||
|||||||172,088|||140,076|
|||||||=======|||=======|
||**Other** **Assets**|||||||||
||Fixtures, Fittings &|||||0|||0|
||Note 8|||||24,166|||24,166|
||Investments – Note 9|||||||||





||24,166|24,166|
|---|---|---|
||=======|=======|
|**Liabilities**|||
|Loans|0|0|
|Other|0|0|
||0|0|
||=======|=======|



Approved by the Kirk Session at a meeting on 8 April 2024 and signed on its behalf by 



Rev. D Bingham Mr. D Croskery 

08/04/2024 08/04/2024 

## **1. ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS** 

As the total income of the congregation is less than £250,000, the congregation has elected, in accordance w provisions in The Charities (Accounts and Reports Regulations (Northern Ireland) 2015 to prepare its account receipts and payments basis. 

## **FUND ACCOUNTING** 

Endowment funds are funds, the capital of which must be retained either permanently or at the congregatio discretion; the income derived from the endowment is to be used either as restricted or unrestricted income 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 purp intended by the donor, and (b) revenue donations or grants for a specific congregational activity intended by 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 that are to be spent on the congregation’s general purposes. Designate are general funds set aside by the congregation for use in the future. 

## **2 DONATIONS AND LEGACIES** 



## **2. DONATIONS AND LEGACIES** 

|Legacies and bequest<br>0<br>4905<br>0<br>26,565<br>39,740<br>0<br>Donations and gifts<br>1010<br>34,835<br>0<br>Gift Aid<br>20,477<br>0<br>0<br>Recorded giving:<br>Loose collections<br>5,077<br>0<br>0<br>**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Funds**<br>**Funds**<br>**Funds**<br>£<br>£<br>£|4905<br>66,305<br>35,845<br>20,477<br>5,077<br>**Total**<br>**2023**<br>£|0<br>44,275<br>32,596<br>7,989<br>3,690<br>**Total**<br>**2022**<br>£|
|---|---|---|



## **3. INVESTMENT INCOME** 

|939<br>0<br>0<br>Deposit interest<br>398<br>0<br>0<br>General Investment Fund<br>541<br>0<br>0<br>**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Funds**<br>**Funds**<br>**Funds**<br>£<br>£<br>£|939<br>398<br>541<br>**Total**<br>**2023**<br>£|326<br>326<br>0<br>**Total**<br>**2022**<br>£|
|---|---|---|



## **OTHER** 

## **4. INCOME** 

|814<br>836<br>0<br>£<br>£<br>£<br>Other<br>income<br>814<br>836<br>0<br>**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Funds**<br>**Funds**<br>**Funds**|1,650<br>£<br>1,650<br>**Total**<br>**2023**|5,004<br>£<br>5,004<br>**Total**<br>**2022**|
|---|---|---|





|**5.**||**RAISING**||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||**Unrestricted**||**Restricted**|||**Endowment**|**Total**|**Total**||
||||**Funds**|||**Funds**||**Funds**|**2023**|**2022**||
|||||£||£||£|£||£|
|FWO||envelopes||0||0||0|0||0|
|||||||||||||
|||||0||0||0|0||0|
|**6.**|**CHARITABLE**|||||||||||
|**ACTIVITIES**||||||||||||
||||**Unrestr**||**Restricted**||**Endowment**||**Total**|**Total**|**202**|
||||**icted**|||**Funds**||**Funds**|**2023**|||
||||**Funds**|||||||||
|||||£||£||£|£|£||
|||General||0||(15,209)||0|(15,209)|(6,008)||
|||Assembly||||||||||
|||Assessme||||||||||
|||nts||||||||||
|||Presbyter||0||(187)||0|(187)||0|
|||y fees||||||||||
|||Ministry||0||(3,832)||0|(3,832)|(4,463)||
|||and||||||||||
|||support||||||||||
|||staff costs||||||||||
|||Congregation|(9,647)|||0||0|(9,647)|(11,390)||
|||al running||||||||||
|||expenses||||||||||
|||Donations to||0||(7,919)||0|(7,919)|(12,730)||
|||missions and||||||||||
|||charities||||||||||
||||(9,647)|||(27,146)||0|(36,794)|(34,591)||
||**7**|**OTHER**||||||||||
|||**EXPEND**||||||||||
|||**ITURE**||||||||||
||||**Unrestr**||**Restricted**||**Endowment**||**Total**|**Total**|**202**|
||||**icted**|||**Funds**||**Funds**|**2022**|||
||||**Funds**|||||||||
|||||£||**£**||**£**|**£**||**£**|
|||Equipmen||(89)||0||0|(89)|(16,256)||
|||t &||||||||||
|||Property||||||||||
|||Repairs||||||||||





(16,256) 

(89) 

0 

0 

(89) 

## **8 FIXED ASSETS** 

**The congregation owns the Church premises situated at Demesne Road, Seaforde, and the associated fixtu fittings, and equipment. However, they do not own the land on which the buildings sit. This ground is sub lease agreement. Therefore, no value has been attributed to the premises. The cost of fixtures, fittings, an equipment has been expensed in the year in which the cost was incurred.** 


## **9. INVESTMENTS** 



The congregation has the following investments. Amounts are shown at market valuation. 

|||||||**2023**|**2023**|**2022**|**2022**|
|---|---|---|---|---|---|---|---|---|---|
||||||||**£**||**£**|
|2081 shares in General Investment||||||24,166||24,166||
|Fund of PCI||||||||||
|||||||24,166||24,166||
|**10.** **FUND** **BALANCES**||||||||||
|**Fund**|**Balance**|**Receipts**|**Surplus**<br>**Payment**|||**Transfer**||**Balance**||
||**at** **start**|||**/**<br>**(Deficit**||||**at** **end**||
||£|£|£||£|£||£||
|**Unrestricted** **Funds**||||||||||
|General Fund|124,245|28,319|18,583<br>(9,736)|||(3,182)||139,646||
|||||||||||
||**124,245**|**28,319**|**18,583**<br>**(9,736)**|||**(3,182)**||||
|||||||||||
|**Restricted** **Funds**||||||||||
|Missions Fund|0.00|5,969|(5,969)||0|||0||
|Stipend & CMF|0.00|7,573|-9136<br>(16,709)|||9,136||0||
|Building Fund|15,831|4,905|0|4,905||11,707||32,442||
|Other|0|22,128|17,660<br>(4,468)|||(17,660)||0||
|||0||||||||
|||||||||||
||**15,831**|**40,575**|**13,429**<br>**(27,146)**|||**3182**||**32,442**||
|||||||||||
|||||||||||
|**Endowment** **Funds**||||||||||





|0<br>**32,012**<br>NIL<br>0<br>0<br>0<br>**Total**<br>**140,076**<br>**68,894**<br>**(36,882)**|0<br>0<br>**0**<br>**172,088**|
|---|---|



104 



with the ts on a 

on’s e funds poses y the 

d funds 



ures,
ject to a