## **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| 11 ## **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 12 **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| 13 ## **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| 14 ## **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| 15 ## **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| 16 ## **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