Helen's Bay Congregation of Presbyterian Church in Ireland STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Accounts) For the year ended 31st December 2022
| Note | Unrestricted | Unrestricted | Restricted | Endowment | |||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Total 2022 Total 2021 |
||||
| Receipts | £ | £ | £ | £ £ |
|||
| Donations and Legacies |
2 | £ | 72,625 | £ | 8,530 | £ 81,155 £ 91,131 | |
| Charitable activities |
3 | £ | 3,613 | £ | 5,899 | £ 9,512 £ 12,380 | |
| Other trading activities |
4 | £ | 2,306 | £ 2,306 £ 651 | |||
| Investment Income |
5 | £ | 41 |
£ | 42 | £ 84 £ 140 | |
| Other |
6 | £ | 100 | £ 100 £ 150 | |||
| ---------- | ---------- | ---------- | ---------- ---------- |
||||
| £ | 76,380 | £ | 16,777 | £ 93,157 £ 104,452 | |||
| ---------- | ---------- | ---------- | ---------- ---------- |
||||
| Sale of Investments | |||||||
| Sale of Fixed assets | |||||||
| Loans Received | |||||||
| ---------- | ---------- | ---------- | ---------- ---------- |
||||
| Total Receipts | £ | 76,380 | £ | 16,777 | £ 93,157 £ 104,452 | ||
| ---------- | ---------- | ---------- | ---------- ---------- |
||||
| Payments | £ | £ | £ | £ £ |
|||
| Church Assessments | £ | 24,366 | £ 24,366 £ 23,456 | ||||
| Ministry & Support Staff | £ | 44,751 | £ 44,751 £ 43,233 | ||||
| Life & Work |
7 | £ | 6,841 | £ | 2,030 | £ 8,872 £ 8,131 | |
| Governance |
8 | £ | 7,603 | £ | 78 | £ 7,681 £ 7,195 | |
| Property & Equipment |
9 | £ | 15,295 | £ | 7,761 | £ 23,056 £ 32,635 | |
| Missions & Charities |
10 | £ | 5,860 | £ 5,860 £ 8,510 | |||
| ---------- | ---------- | ---------- | ---------- ---------- |
||||
| £ | 98,855 | £ | 15,729 | £ 114,584 £ 123,160 | |||
| ---------- | ---------- | ---------- | ---------- ---------- |
||||
| Purchase of Investments | |||||||
| Purchase of Fixed assets | |||||||
| Loan Repayments | |||||||
| ---------- | ---------- | ---------- | ---------- ---------- |
||||
| Total Payments | £ | 98,855 | £ | 15,729 | £ 114,584 £ 123,160 | ||
| ---------- | ---------- | ---------- | ---------- ---------- |
||||
| £ | £ | £ | £ £ |
||||
| Net receipts / Payments | -£ | 22,475 | £ | 1,048 | -£ 21,427 -£ 18,708 | ||
| Transfers between accounts | £ | 19,116 |
-£ | 19,116 |
|||
| ---------- | ---------- | ---------- | ---------- ---------- |
||||
| Net Movement in Funds | -£ | 3,359 | -£ | 18,069 | -£ 21,427 -£ 18,708 | ||
| Funds brought forward | £ | 26,710 | £ |
39,257 |
£ 65,967 £ 26,710 | ||
| ---------- | ---------- | ---------- | ---------- | ||||
| Funds Carried forward | £ | 23,351 | £ | 21,188 | £ 44,539 £ 65,967 | ||
| ======= | ======= | ======= | ======= ======= |
Helen's Bay Congregation of Presbyterian Church in Ireland STATEMENT OF ASSETS AND LIABILITIES As at 31st December 2022
| Note | Unrestricted | Unrestricted | Restricted | Endowment | |||||
|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Total 2022 | Total 2021 | |||||
| Funds Reconcilliation | £ | £ | £ | £ | £ | ||||
| Bank and Cash at start of year | £ | 26,710 |
£ | 39,257 |
£ | 65,967 |
£ | 84,675 |
|
| Net movement in funds | -£ | 3,359 |
-£ | 18,069 |
-£ | 21,427 |
-£ | 18,708 |
|
| ---------- | ---------- | ---------- | ---------- | ---------- | |||||
| Bank and Cash at end of year | £ | 23,351 | £ | 21,188 | £ | 44,540 | £ | 65,967 | |
| ======= | ======= | ======= | ======= | ======= | |||||
| Bank & Cash Balances | £ | £ | £ | £ | |||||
| Bank Deposit Accounts | |||||||||
| Bank Current Accounts | £ | 23,351 |
£ | 21,133 |
£ | 44,485 |
£ | 65,967 |
|
| Cash in Hand | £ | - |
£ | 55 |
£ | 55 |
£ | - |
|
| ---------- | ---------- | ---------- | ---------- | ||||||
| Bank and Cash at end of year | £ | 23,351 | £ | 21,188 | £ | 44,539 | £ | 65,967 | |
| ======= | ======= | ======= | ======= | ||||||
| Other Assets | £ | £ | |||||||
| Fixed Assets - Note 10 | |||||||||
| - Church Premises | £ | 2,901,657 |
£ | 2,901,657 |
|||||
| - Fixtures, Fittings & Equipment | incl above | incl above | |||||||
| - Vehicles | |||||||||
| Investments - Note 11 | |||||||||
| Gift Aid Receivable on donations | |||||||||
| ---------- | ---------- | ||||||||
| £ | 2,901,657 | £ | 2,901,657 | ||||||
| ======= | ======= | ||||||||
| Liabilities | £ | £ | |||||||
| Loans | |||||||||
| ---------- | ---------- | ||||||||
| £ | 2,901,657 | £ | 2,901,657 | ||||||
| ======= | ======= |
Helen's Bay Congregation of Presbyterian Church in Ireland
NOTES TO THE ACCOUNTS
31st 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 investments 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 | ||
|---|---|---|---|---|
| Funds | Funds | Funds | Total 2022 Total 2021 |
|
| £ | £ | £ | £ £ |
|
| Recorded giving: | £ 56,330 | £ 6,222 | £ 62,552 £ 73,841 | |
| Loose collections | £ 492 | £ 492 £ 731 | ||
| Donations and gifts | £ - £ - | |||
| Gift Aid | £ 13,835 | £ 2,308 | £ 16,143 £ 16,459 | |
| Legacies and bequest | £ 1,968 | £ 1,968 £ 100 | ||
| ---------- | ---------- | ---------- | ---------- ---------- |
|
| £ 72,625 | £ 8,530 | £ 81,155 £ 91,131 | ||
| ---------- | ---------- | ---------- | ---------- ---------- |
3. CHARITABLE ACTIVITIES
| Unrestricted | Restricted | Endowment | |||
|---|---|---|---|---|---|
| Funds | Funds | Funds | Total 2022 | Total 2021 | |
| £ | £ | £ | £ | £ | |
| Income from Appeals/ charitable activities |
£ 405 | £ 5,899 | £ 6,304 | £ 10,752 | |
| Fees from weddings, funerals & hall hire |
£ 350 | £ 350 | £ 950 | ||
| Fundraising events | £ 2,858 | £ 2,858 | £ 678 | ||
| Membership fees | |||||
| Grants | |||||
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| £ 3,613 | £ 5,899 | £ 9,512 | £ 12,380 | ||
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| 4. OTHER TRADING ACTIVITIES | |||||
| Unrestricted | Restricted | Endowment | |||
| Funds | Funds | Funds | Total 2022 | Total 2021 | |
| £ | £ | £ | £ | £ | |
| Presbyterian Women | £ 1,604 | £ 1,604 | £ 650 | ||
| Summer Scheme | £ 702 | ||||
| Youth Club | £ 0 | ||||
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| £ - | £ 2,306 | £ 2,306 | £ 651 | ||
| ---------- | ---------- | ---------- | ---------- | ---------- |
5. INVESTMENT INCOME
| Unrestricted | Unrestricted | Restricted | Endowment | |||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Total 2022 | Total 2021 | ||
| £ | £ | £ | £ | £ | ||
| Deposit interest | £ | 41 | £ 42 | £ 84 | £ 140 | |
| General Investment | ||||||
| Fund | ||||||
| Rents investment | ||||||
| properties | ||||||
| Other investment | ||||||
| income | ||||||
| ---------- | ---------- | ---------- | ---------- | ---------- | ||
| £ | 41 | £ 42 | £ 84 | £ 140 | ||
| ---------- | ---------- | ---------- | ---------- | ---------- | ||
| 6.OTHER | INCOME | |||||
| Unrestricted | Restricted | Endowment | ||||
| Funds | Funds | Funds | Total 2022 | Total 2021 | ||
| £ | £ | £ | £ | £ | ||
| Insurance claims | ||||||
| Other income | £ | 100 | £ 100 | £ 150 | ||
| ---------- | ---------- | ---------- | ---------- | ---------- | ||
| £ | 100 | £ 100 | £ 150 | |||
| ---------- | ---------- | ---------- | ---------- | ---------- |
7. LIFE and WORK
| Unrestricted | Unrestricted | Restricted | Endowment | |||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Total 2022 Total 2021 |
|||
| £ | £ | £ | £ £ |
|||
| Worship and Fellowship |
£ | 5,439 | £ 5,439 £ 5,165 | |||
| Discipleship & Ministry |
£ | 300 | £ 300 -£ 15 | |||
| Mission & Outreach |
£ | 1,103 | £ | 2,030 | £ 3,133 £ 365 | |
| ---------- | ---------- | ---------- | ---------- ---------- |
|||
| £ | 6,841 | £ | 2,030 | £ 8,871 £ 5,515 | ||
| ---------- | ---------- | ---------- | ---------- ---------- |
|||
| 8.GOVERNANCE | ||||||
| Unrestricted | Restricted | Endowment | ||||
| Funds | Funds | Funds | Total 2022 Total 2021 |
|||
| £ | £ | £ | £ £ |
|||
| Advertising, Printing, Stationery & Postage |
£ | 1,442 | £ 1,442 £ 1,532 | |||
| Bank Interest and | ||||||
| Charges | £ | 150 | £ | 78 | £ 228 £ 161 | |
| Secretarial Fees | £ | 3,755 | £ 3,755 £ 3,515 | |||
| Licence Fees | £ | 1,023 |
£ 1,023 £ 1,016 | |||
| Gifts | £ | 227 |
£ 227 £ 112 | |||
| Inland Revenue - PAYE | £ | 289 | £ 289 £ 143 | |||
| Equipment Hire | £ | 716 | £ 716 £ 716 | |||
| ---------- | ---------- | ---------- | ---------- ---------- |
|||
| £ | 7,603 | £ | 78 | £ 7,681 £ 7,195 | ||
| ---------- | ---------- | ---------- | ---------- ---------- |
|||
| 9.PROPERTY | AND | EQUIPMENT | ||||
| Unrestricted | Restricted | Endowment | ||||
| Funds | Funds | Funds | Total 2022 Total 2021 |
|||
| £ | £ | £ | £ £ |
|||
| Utilities | £ | 11,176 | £ 11,176 £ 8,691 | |||
| Repairs and Maintenance |
£ | 7,761 | £ 7,761 £ 20,182 | |||
| Insurances | £ | 4,119 | £ 4,119 £ 3,763 | |||
| ---------- | ---------- | ---------- | ---------- ---------- |
|||
| £ | 15,295 | £ | 7,761 | £ 23,056 £ 32,635 | ||
| ---------- | ---------- | ---------- | ---------- ---------- |
| 10. MISSIONS AND CHARITIES | 10. MISSIONS AND CHARITIES | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | |||
| Funds | Funds | Funds | Total 2022 | Total 2021 | |
| £ | £ | £ | £ | £ | |
| United Appeal | £ | 2,710 | £ 2,710 | £ 6,553 | |
| Other PCI Schemes | £ | 1,794 | £ 1,794 | £ 546 | |
| Other Missions & | |||||
| Charities | £ | 1,356 | £ 1,356 | £ 1,411 | |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| 0 | £ | 5,860 | 0 | £ 5,860 | £ 8,510 |
| ---------- | ---------- | ---------- | ---------- | ---------- |
11. FIXED ASSETS
The congregation owns the Church and Church hall premises situated at 10 Church Road Helen’s Bay and the associated fixtures, fittings, plant and machinery. It also owns the manse situated at 2 Rockmount Gardens Helen’s Bay, and the associated fixtures and fittings. These have an insurance value of £ 2,901,657 as at the latest insurance renewal date.
PRESBYTERIAN WOMEN
| PRESBYTERIAN WOMEN | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | |||
| Receipts | Funds | Funds | Funds | Total 2022 Total 2021 | |
| £ | £ | £ | £ | £ | |
| Members Donations & PW Sunday | 190.38 | 190.38 | 10.00 | ||
| Plant Sale | 604.00 | 604.00 | 2.50 | ||
| Donations Gift Aid | 47.96 | 47.96 | 316.63 | ||
| Mission Fund | 612.95 | 612.95 | 79.15 | ||
| Mission Fund Gift Aid | 147.83 | 147.83 | - | ||
| Bank Interest | 0.64 | 0.64 | 0.94 | ||
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| Total Receipts | - | 1,603.76 | 1,603.76 | 650.16 | |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| Unrestricted | Restricted | Endowment | |||
| Payments | Funds | Funds | Funds | Total 2022 Total 2021 | |
| £ | £ | £ | £ | £ | |
| PCI Mission Fund | 662.95 | 662.95 | 553.88 | ||
| PCI Mission Fund - Gift Aid | 147.83 | 147.83 | 19.33 | ||
| Asia Link | 300.00 | 300.00 | 150.00 | ||
| Feed My Lambs Children's Ministry | - | 240.94 | |||
| Speaker Fees | 190.00 | 190.00 | 460.00 | ||
| PW Resources | 11.00 | 11.00 | - | ||
| Donation to Church | - | - | |||
| Ards Presbytery Link Fee | - | - | |||
| Donations Other | - | - | |||
| Bank Fees | 36.93 | 36.93 | 9.45 | ||
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| Total payments | - | 1,348.71 | 1,348.71 | 1,433.60 | |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| Net receipts / (payments) | - | 255.05 | 255.05 - 783.44 | ||
| Transfers between funds | |||||
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| Net movement in funds | - | 255.05 | 255.05 - 783.44 | ||
| Funds brought forward | 190.32 | 190.32 | 973.76 | ||
| ---------- | --------- | ---------- | --------- | --------- | |
| Funds carried forward | 445.37 | 445.37 | 190.32 | ||
| ====== | ====== | ====== | ====== | ====== |
SUMMER SCHEME
| SUMMER SCHEME | |||||
|---|---|---|---|---|---|
| Receipts | Unrestricted Funds |
Restricted Funds |
Endowment Funds |
Total 2022 | Total 2021 |
| £ | £ | £ | £ | £ | |
| Reg. fees & donations | 459.40 | 459.40 | - | ||
| Tuck sales | 43.00 | 43.00 | - | ||
| Church Collections | 198.56 | 198.56 | - | ||
| Bank Interest | 0.66 | 0.66 | 0.36 | ||
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| Total Receipts | - | 701.62 | 701.62 | 0.36 | |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| Payments | Unrestricted Funds |
Restricted Funds |
Endowment Funds |
Total 2022 | Total 2021 |
| £ | £ | £ | £ | £ | |
| First Aid Training | - | - | |||
| Publicity & Marketing | - | - | |||
| Refreshment & Tuck | 482.74 | 482.74 | - | ||
| Craft Supplies | - | - | |||
| Supplies for Games | 5.40 | 5.40 | - | ||
| Speakers Expenses | 160.00 | 160.00 | - | ||
| Outings | - | - | |||
| Prizes | - | - | |||
| Donation to Church | - | - | |||
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| Total payments | - | 648.14 | 648.14 | - | |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| Net receipts / (payments) | 53.48 | 53.48 | 0.36 | ||
| Transfers between funds | |||||
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| Net movement in funds | 53.48 | 53.48 | 0.36 | ||
| Funds brought forward | 362.49 | 362.49 | 362.13 | ||
| ---------- | --------- | ---------- | ---------- | ---------- | |
| Funds carried forward | 415.97 | 415.97 | 362.49 | ||
| ====== | ====== | ====== | ====== | ====== |
YOUTH CLUB
| YOUTH CLUB | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | |||
| Receipts | Funds | Funds | Funds | Total 2022 | Total 2021 |
| £ | £ | £ | £ | £ | |
| Tuck Shop, Door, Mad | - | - | |||
| Fundraising | - | - | - | ||
| Bank Interest | 0.29 | 0.29 | 0.20 | ||
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| Total Receipts | - | 0.29 | 0.29 | 0.20 | |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| Unrestricted | Restricted | Endowment | |||
| Payments | Funds | Funds | Funds | Total 2022 | Total 2021 |
| £ | £ | £ | £ | £ | |
| Fundraise Youth Rm | - | - | - | ||
| Martathon Register | - | - | - | ||
| Mad Registrations | - | - | - | ||
| Tuck Shop Supplies | - | - | |||
| Mad Expenses | - | - | - | ||
| Bank charges | 33.64 | 33.64 | 32.00 | ||
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| Total payments | - | 33.64 | 33.64 | 32.00 | |
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| Net receipts / (payments) | - 33.35 | - 33.35 | 31.80 | ||
| Transfers between funds | |||||
| ---------- | ---------- | ---------- | ---------- | ---------- | |
| Net movement in funds | - 33.35 | - 33.35 | - 31.80 | ||
| Funds brought forward | 335.31 | 335.31 | 367.11 | ||
| ---------- | --------- | ---------- | --------- | --------- | |
| Funds carried forward | 301.96 | 301.96 | 335.31 | ||
| ====== | ====== | ====== | ====== | ====== |