TRINITY AHOGHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2023
| Note Receipts Donations and legacies 2 Charitable activities 3 Other trading activities 4 Investment Income 5 Other 6 Sale of Investments Sale of Fixed Assets Loans Received Total Receipts Payments Raising funds 7 Charitable actvities 8 Investment costs Other 9 Purchase of Investments Purchase of Fixed Assets Loan Repayments Total Payments Net receipts/(payments) Transfers between funds Net movement in funds Funds Brought Forward Funds Carried Forward 12 |
Unrestricted Restricted Endownment Total Total funds Funds Funds 2023 2022 £ £ £ £ £ 107,226 49,686 0 156,912 149,734 0 5,961 0 5,961 4,105 0 0 0 0 0 588 181 281 1,050 448 0 915 0 915 2,438 |
|---|---|
| 107,814 56,743 281 164,838 156,725 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
|
| 107,814 56,743 281 164,838 156,725 |
|
| 532 0 0 532 568 88,853 48,386 0 137,239 135,792 0 0 0 0 0 10,709 9,824 0 20,533 15,184 |
|
| 100,094 58,210 0 158,304 151,544 0 0 0 0 0 0 3,628 0 3,628 9,079 0 0 0 0 0 |
|
| 100,094 61,838 0 161,932 160,623 |
|
| 7,720 (5,095) 281 2,906 (3,898) 4,034 (4,034) 0 (0) 0 |
|
| 11,754 (9,129) 281 2,906 (3,898) 80,156 98,870 14,726 193,752 197,650 |
|
| 91,910 89,741 15,007 196,658 193,752 |
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TRINITY AHOGHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2023
| Funds Reconciliation Bank and Cash at start of Year Net Movement in funds Bank and Cash at end of Year Bank and Cash Balances Bank Deposit Accounts Investments - Note 11 Bank Current Accounts Cash in Hand Other Assets Fixed Assets - Note 10 - Church Premises & equipment - Manse Liabilities Loans Others |
Unrestricted Restricted Endownment Total Total funds Funds Funds 2023 2022 £ £ £ £ £ 80,156 98,870 14,726 193,752 197,650 11,754 (9,129) 281 2,906 (3,898) |
Unrestricted Restricted Endownment Total Total funds Funds Funds 2023 2022 £ £ £ £ £ 80,156 98,870 14,726 193,752 197,650 11,754 (9,129) 281 2,906 (3,898) |
|---|---|---|
| 91,910 89,741 15,007 196,658 193,752 |
||
| 90,000 61,621 15,007 3,104 91,544 128,672 107 355 |
||
| 196,658 193,752 |
||
| 3,919,167 3,645,737 434,787 404,453 |
||
| 4,353,954 4,050,190 |
||
| 0 0 0 0 |
||
| 0 0 |
Approved by the Kirk Session at a meeting on 19/02/2024 Name Name
and signed on its behalf by:
Rev Brian Smyth Mr George Knowles Date Date 23/02/2024 23/02/2024
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TRINITY AHOGHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 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
Endownment funds are funds the capital of which must be retained either permanently or at the congregation's discretion; the income derived from the endownment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endownment was established in the first place.
Restricted funds comprise (a) income from endownments 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 unspend balances, interest on their pooled investment is apportioned to the 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 |
Unrestricted Restricted Endownment Total Total funds Funds Funds 2023 2022 £ £ £ £ £ 89,455 33,822 0 123,277 117,151 3,649 8,005 0 11,654 6,732 320 559 0 879 694 12,802 7,300 0 20,102 20,157 1,000 0 0 1,000 5,000 |
|---|---|
| 107,226 49,686 0 156,912 149,734 |
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TRINITY AHOGHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 (continued)
3. CHARITABLE ACTIVITIES
| 3. CHARITABLE ACTIVITIES | |
|---|---|
| Income from charitable activities Fundraising events Membership Fees Grants |
Unrestricted Restricted Endownment Total Total funds Funds Funds 2023 2022 £ £ £ £ £ 0 1,297 0 1,297 1,253 0 0 0 0 0 0 2,064 0 2,064 1,199 0 2,600 0 2,600 1,653 |
| 0 5,961 0 5,961 4,105 |
4. OTHER TRADING ACTIVITIES
| 4. OTHER TRADING ACTIVITIES | |
|---|---|
| Letting of premises Trading Income |
Unrestricted Restricted Endownment Total Total funds Funds Funds 2023 2022 £ £ £ £ £ - - - - - - - - - - |
| - - - - - |
5. INVESTMENT INCOME
| 5. INVESTMENT INCOME | |
|---|---|
| Deposit Interest General Investment Fund |
Unrestricted Restricted Endownment Total Total funds Funds Funds 2023 2022 £ £ £ £ £ 522 181 281 984 485 66 0 0 66 -37 |
| 588 181 281 1,050 448 |
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TRINITY AHOGHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 (continued)
6. OTHER INCOME
| Insurance claims Graveyard, carpark, wayleave 7. RAISING FUNDS Cost of FWO Envelopes Fundraising Events 8. CHARITABLE ACTIVITIES General Assembly Assessments Presbytery Fees Ministry and Support Staff Costs Congregational running Expenses Donations to Missions and Charities Event & Catering Expenses Stationary & Teaching materials Publications Governance Costs |
Unrestricted Restricted Endownment Total Total funds Funds Funds 2023 2022 £ £ £ £ £ 0 0 0 0 0 0 915 0 915 2,438 0 0 |
|---|---|
| 0 915 0 915 2,438 |
|
| Unrestricted Restricted Endownment Total Total funds Funds Funds 2023 2022 £ £ £ £ £ 532 0 0 532 568 0 0 0 0 0 0 0 |
|
| 532 0 0 532 568 |
|
| Unrestricted Restricted Endownment Total Total funds Funds Funds 2023 2022 £ £ £ £ £ 9,366 0 0 9,366 9,918 399 0 0 399 435 73,512 410 0 73,922 68,947 1,929 7,313 0 9,242 11,059 250 30,667 0 30,917 36,059 1,386 9,875 0 11,261 7,487 1,436 121 0 1,557 857 0 0 0 0 0 575 0 0 575 1,030 |
|
| 88,853 48,386 0 137,239 135,792 |
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TRINITY AHOGHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 (continued)
9. OTHER EXPENDITURE
| 9. OTHER EXPENDITURE | |
|---|---|
| Utilities Repairs and Maintenance |
Unrestricted Restricted Endownment Total Total funds Funds Funds 2023 2022 £ £ £ £ £ 10,709 0 0 10,709 9,483 0 9,824 0 9,824 5,701 |
| 10,709 9,824 0 20,533 15,184 |
10. FIXED ASSETS
The congregation owns the Church premises situated at Church Street Ahoghill and the Manse at Galgorm Road, Ahoghill. These together with theassociated fixtures, fittings and equipment have an insurance value of £4,353,954 as at 31st December 2023
11. INVESTMENTS
| 11. INVESTMENTS | |
|---|---|
| General Investment Fund | 2023 2022 £ £ 3,386 3,104 |
| 3,386 3,104 |
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TRINITY AHOGHILL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 (continued)
12. FUND BALANCES
| Fund Unrestricted Funds General Account Restricted Funds Property Account 567 Crew Sunday School Boys Brigade Girls Brigade Youth Club Youth Fellowship Mission Support Group Ladies Coffee Morning Trinity Tots Presbyterian Women Fit for Life Proclaim Choir Choir Mission Fund Endownment Funds Minister's compensation Fund General Investment Fund Bequest Fund Total |
Balance Receipts Payment Surplus/ Transfer Balance at start (Deficit) at end £ £ £ £ £ £ 80,156 107,814 100,094 7,720 4,034 91,910 0 0 |
|---|---|
| 80,156 107,814 100,094 7,720 4,034 91,910 |
|
| 81,605 16,240 18,208 (1,968) 0 79,637 346 812 2,156 (1,344) 1,750 752 907 173 764 (591) (250) 66 3,124 1 14 (13) (3,111) 0 2,401 4,968 4,669 299 210 2,910 3,300 1,685 3,029 (1,344) 138 2,094 2,552 9 0 9 (2,561) 0 3,123 7,857 17,898 (10,041) 9,825 2,907 0 0 0 0 0 0 696 747 721 26 0 722 418 563 465 98 0 516 0 0 0 0 0 0 158 13 34 (21) 0 137 240 0 240 (240) 0 0 0 23,675 13,640 10,035 (10,035) 0 0 0 0 0 0 0 0 0 0 0 |
|
| 98,870 56,743 61,838 (5,095) (4,034) 89,741 |
|
| 0 0 0 0 0 0 3,105 281 0 281 0 3,386 11,621 0 0 0 0 11,621 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
|
| 14,726 281 0 281 0 15,007 |
|
| 193,752 164,838 161,932 2,906 0 196,658 |
17