# **SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**Trustees Annual Financial Statements for the year ended 31 December 2023**
**Registered Charity in Northern Ireland (NIC105270)**
0
||**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)**
**Year ended 31 December 2023**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)**
**Year ended 31 December 2023**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)**
**Year ended 31 December 2023**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)**
**Year ended 31 December 2023**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)**
**Year ended 31 December 2023**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)**
**Year ended 31 December 2023**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)**
**Year ended 31 December 2023**|
|---|---|---|---|---|---|---|---|
|||**Note**|**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2023**|**Total**
**2022**|
||||**£**|**£**|**£**|**£**|**£**|
||**Receipts**|||||||
||Donations and legacies|2||||||
||Charitable activities|3|**37,184**|**14,865**||**52,049**|**54,639**|
||Other tradingactivities|4|**740**|||**740**|**630**|
||Investment Income|5|**183**|||**183**|**181**|
||Other|6||||||
||Sale of Investments|||||||
||Sale of fixed assets|||||||
||Loans Received|||||||
|||||||||
||**Total Receipts**||**38,107**|**14,865**||**52,972**|**55,450**|
|||||||||
||**Payments**|||||||
||Raisingfunds|7|**451**|||**451**|**310**|
||Charitable activities|8|**34,554**|**21,687**||**56,241**|**48,166**|
||Investment costs|||||||
||Other|9||||||
||Purchase of Investments|||||||
||Purchase of fixed assets|||||||
||Loan Repayments|||||||
|||||||||
||**Total Payments**||**35,005**|**21,687**||**56,692**|**48,666**|
|||||||||
||Net receipts/ (payments)||**3,102**|**(6,882)**||**(3,780)**|**6,784**|
||Transfers between funds||**(2,112)**|**2,112**||**0**|**0**|
||Net movement in funds||**990**|**(4,710)**||**(3,720)**|**6,784**|
||Funds brought forward||**69,416**|**4,295**||**73,711**|**66,702**|
||**Funds carried forward**|12|**70,406**|**(415)**||**69,991**|**73,486**|
|||||||||
|||||1||||
SECOND NEwfowNARDS CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
srATEMENT OF ASSETS AND UABILtnES
as at 31 December 2023
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
Fund5
2023
Total
Fund5
2022
Funds Reconciliation
Bank and Cash at start of year
Net movement in funds
69,416
4.295
{4.710)
73,711
(3,720)
66,702
6,784
Bank and Cash at end of year
70,406
(415)
69,991
73,486
Bank & Cash Balan$
Bank DepositAccounts
Bank Current Accounts
Cash in Hand
69.991
69.991
73,486
Total
69.991
69,991
73,486
Other Assets
Fixed Assets- Note 10
Church Premises
Fixtures, Fittings & Equipment
Venicle5
Inve5tments- Note 11
Gift Aid receivable on donations
Enter details of any other assets
Liabilities
Loans
Enter details of any other
liabilities
Other
Approved by the Kirk Session at a meeting on 13 February 2024 and signed on tts behalf bv:
Slgned:
Signed .
Date
Date
||
**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**Year ending 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**|
**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**Year ending 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**|
**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**Year ending 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**|
**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**Year ending 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**|
**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**Year ending 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**|
**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**Year ending 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**
**Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2023**|**Total**
**2022**|
|||£|£|£|£|£|
||Recordedgiving:|**30,719**|**12,059**||**42,778**|**45,508**|
||Loose collections|**867**|**256**||**1,123**|**767**|
||Donations andgifts|**300**|||**300**||
||Gift Aid|**5,298**|**2,550**||**7,848**|**8,364**|
||Legacies and bequest||||||
||||||||
||**Total**|**37,184**|**14,865**||**52,049**|**53,639**|
||||3||||
||**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**3.**
**CHARITABLE ACTIVITIES**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**3.**
**CHARITABLE ACTIVITIES**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**3.**
**CHARITABLE ACTIVITIES**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**3.**
**CHARITABLE ACTIVITIES**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**3.**
**CHARITABLE ACTIVITIES**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**3.**
**CHARITABLE ACTIVITIES**|
|---|---|---|---|---|---|---|
|||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2023**|**Total**
**2022**|
|||£|£|£|£|£|
||Income from charitable activities||||||
||Fees from weddings and funerals||||||
||Fundraisingevents||||||
||Membershipfees||||||
||Grants||||||
|||----------|----------|----------|----------|----------|
||**4. OTHER TRADING ACTIVITIES**||||||
|||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2023**|**Total**
**2022**|
|||£|£|£|£|£|
||Lettingofpremises|**740**|||**740**|**630**|
||Tradingincome||||||
||||||||
||**Total**|**740**|||**740**|**630**|
||**5. INVESTMENT INCOME**||||||
|||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2023**|**Total**
**2022**|
|||£|£|£|£|£|
||Deposit interest|**183**|||**183**|**181**|
||General Investment Fund||||||
||Rents investmentproperties||||||
||Other investment income||||||
||||||||
||**Total**|**183**|||**183**|**181**|
||||4||||
||**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**3.**
**CHARITABLE ACTIVITIES**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**3.**
**CHARITABLE ACTIVITIES**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**3.**
**CHARITABLE ACTIVITIES**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**3.**
**CHARITABLE ACTIVITIES**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**3.**
**CHARITABLE ACTIVITIES**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**3.**
**CHARITABLE ACTIVITIES**|
|---|---|---|---|---|---|---|
|||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2023**|**Total**
**2022**|
|||£|£|£|£|£|
||Income from charitable activities||||||
||Fees from weddings and funerals||||||
||Fundraisingevents||||||
||Membershipfees||||||
||Grants||||||
|||----------|----------|----------|----------|----------|
||**4. OTHER TRADING ACTIVITIES**||||||
|||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2023**|**Total**
**2022**|
|||£|£|£|£|£|
||Lettingofpremises|**740**|||**740**|**630**|
||Tradingincome||||||
||||||||
||**Total**|**740**|||**740**|**630**|
||**5. INVESTMENT INCOME**||||||
|||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2023**|**Total**
**2022**|
|||£|£|£|£|£|
||Deposit interest|**183**|||**183**|**181**|
||General Investment Fund||||||
||Rents investmentproperties||||||
||Other investment income||||||
||||||||
||**Total**|**183**|||**183**|**181**|
||||4||||
||**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**3.**
**CHARITABLE ACTIVITIES**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**3.**
**CHARITABLE ACTIVITIES**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**3.**
**CHARITABLE ACTIVITIES**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**3.**
**CHARITABLE ACTIVITIES**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**3.**
**CHARITABLE ACTIVITIES**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**3.**
**CHARITABLE ACTIVITIES**|
|---|---|---|---|---|---|---|
|||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2023**|**Total**
**2022**|
|||£|£|£|£|£|
||Income from charitable activities||||||
||Fees from weddings and funerals||||||
||Fundraisingevents||||||
||Membershipfees||||||
||Grants||||||
|||----------|----------|----------|----------|----------|
||**4. OTHER TRADING ACTIVITIES**||||||
|||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2023**|**Total**
**2022**|
|||£|£|£|£|£|
||Lettingofpremises|**740**|||**740**|**630**|
||Tradingincome||||||
||||||||
||**Total**|**740**|||**740**|**630**|
||**5. INVESTMENT INCOME**||||||
|||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2023**|**Total**
**2022**|
|||£|£|£|£|£|
||Deposit interest|**183**|||**183**|**181**|
||General Investment Fund||||||
||Rents investmentproperties||||||
||Other investment income||||||
||||||||
||**Total**|**183**|||**183**|**181**|
||||4||||
||**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**OTHER INCOME**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**OTHER INCOME**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**OTHER INCOME**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**OTHER INCOME**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**OTHER INCOME**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**OTHER INCOME**|
|---|---|---|---|---|---|---|
|||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2023**|**Total**
**2022**|
|||**£**|**£**|**£**|**£**|**£**|
||Insurance claims||||||
||Other income||||||
||||||||
||**6.**
**RAISING FUNDS**||||||
|||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2023**|**Total**
**2022**|
|||**£**|**£**|**£**|**£**|**£**|
||FWO envelopes|**320**|||**320**|**310**|
||Fundraisingevents||||||
||||||||
||**Total**|**320**|||**320**|**310**|
||**7.**
**CHARITABLE ACTIVITIES**||||||
|||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2023**|**Total**
**2022**|
|||**£**|**£**|**£**|**£**|**£**|
||General AssemblyAssessments|**2,737**|||**2,737**|**3,032**|
||Presbyteryfees|**833**|||**833**||
||Ministryand support staff costs|**13,349**|||**13,349**|**12,465**|
||Congregational runningexpenses|**21,188**|**1,908**||**23,096**|**20,488**|
||Donations to Missions and
charities||**12,957**||**12,957**|**12,761**|
||Governance costs||||||
||**Total**|**38,107**|**14,865**||**52,972**|**48,666**|
||||5||||
||**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**OTHER INCOME**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**OTHER INCOME**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**OTHER INCOME**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**OTHER INCOME**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**OTHER INCOME**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
**OTHER INCOME**|
|---|---|---|---|---|---|---|
|||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2023**|**Total**
**2022**|
|||**£**|**£**|**£**|**£**|**£**|
||Insurance claims||||||
||Other income||||||
||||||||
||**6.**
**RAISING FUNDS**||||||
|||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2023**|**Total**
**2022**|
|||**£**|**£**|**£**|**£**|**£**|
||FWO envelopes|**320**|||**320**|**310**|
||Fundraisingevents||||||
||||||||
||**Total**|**320**|||**320**|**310**|
||**7.**
**CHARITABLE ACTIVITIES**||||||
|||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2023**|**Total**
**2022**|
|||**£**|**£**|**£**|**£**|**£**|
||General AssemblyAssessments|**2,737**|||**2,737**|**3,032**|
||Presbyteryfees|**833**|||**833**||
||Ministryand support staff costs|**13,349**|||**13,349**|**12,465**|
||Congregational runningexpenses|**21,188**|**1,908**||**23,096**|**20,488**|
||Donations to Missions and
charities||**12,957**||**12,957**|**12,761**|
||Governance costs||||||
||**Total**|**38,107**|**14,865**||**52,972**|**48,666**|
||||5||||
## **SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS**
**YEAR ENDING 31 December 2023**
## **8. OTHER EXPENDITURE**
The church had no other expenditure.
## **FIXED ASSETS**
The congregation owns the following premises together with the associated fixtures, fittings, plant and machinery.
- Church and Minor Halls Mary Street Newtownards BT23 4DQ.
- Palmer Memorial Hall 15-23 Mark Street Newtownards BT23 4DT.
- Former Manse at 2 Mark Street Newtownards BT23 4DT.
- Manse 10 Manse Park Newtownards BT23 4TN.
-
At last renewal date of 31 October 2023, the properties had an insurance value of:
- Church and Minor Halls
- Palmer Memorial Hall
£1,284,979
£437,887.
- Former Manse £50,000(removal of debris only)
- Manse £318,721.
## **9. INVESTMENTS**
The congregation has no investments.
6
||**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**at 31 December 2023**
**10.**
**FUND BALANCES**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**at 31 December 2023**
**10.**
**FUND BALANCES**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**at 31 December 2023**
**10.**
**FUND BALANCES**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**at 31 December 2023**
**10.**
**FUND BALANCES**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**at 31 December 2023**
**10.**
**FUND BALANCES**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**at 31 December 2023**
**10.**
**FUND BALANCES**|**SECOND NEWTOWNARDS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**
**NOTES TO THE ACCOUNTS**
**at 31 December 2023**
**10.**
**FUND BALANCES**|
|---|---|---|---|---|---|---|---|
||**Fund**|**Balance**
**at start**|**Receipts**|**Payment**|**Surplus /**
**(Deficit)**|**Transfer**|**Balance**
**at end**|
|||**£**|**£**|**£**|**£**|**£**|**£**|
||**UNRESTRICTED FUNDS**|||||||
||**General**|**69,416**|**38,107**|**35,005**|**990**|**(2112)**|**70,406**|
|||||||||
||**Total Unrestricted Funds**|**69,416**|**38,107**|**35,005**|**990**|**(2112)**|**70,406**|
|||||||||
||**RESTRICTED FUNDS**|||||||
||**Building /Repair**|**941**|**2,157**|**5,585**|**(3,428)**|**941**|**(2,487)**|
||**Mission & Charity**||**10,864**|**7,403**|**3,461**|**(3,461)**|**0**|
||**Organisations**|**3,544**|**1,147**|**7,336**|**(616)**|**5,573**|**2,928**|
||**Other**|**(190)**|**697**|**1,363**|**(666)**||**(856)**|
|||||||||
||**Total Restricted Funds**|**4,295**|**14,865**|**21,687**|**(4,710)**|**2,112**|**(415)**|
|||||||||
||**Total Funds**|**73,711**|**52,972**|**56,692**|**(3,720)**|**0**|**69,991**|
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