# **BALLYGOMARTIN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND** 

# **Statement of Financial Activity (Receipts and Payments Account) for the year ended 31 December 2022** 

**Registered Charity in Northern Ireland (NIC105294)** 

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## **BALLYGOMARTIN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2022** 

||**Note**|**Unrestricted**<br>**Funds**|<br>**Restricted**<br>**Funds**|**Endowment**<br>**Funds**|<br>**Total 2022**|**Total 2021**|
|---|---|---|---|---|---|---|
|**Receipts**||**£**|**£**|**£**|**£**|**£**|
|Donations and legacies|2|53933|5094|0|59027|52393|
|Charitable activities|3|0|0|0|0|0|
|Other tradingactivities|4|1200|0|0|1200|7200|
|Investment Income|5|182|0|0|182|6|
|Other|6|0|0|0|0|0|
|Organisations||0|11312|0|11312|6180|
|||55315|16406|0|71721|65779|
|Sale of Investments||0|0|0|0|0|
|Sale of fixed assets -Lecture Hall||190000|0|0|190000|0|
|Loans Received||0|0|0|0|0|
|**Total Receipts**||245315|16406|0|261721|65779|
|**Payments**|||||||
|Raisingfunds|7|280|0|0|280|310|
|Charitable activities|8|58810|9426|0|68236|29473|
|Investment costs||0|0|0|0|0|
|Other|9|0|0|0|0|0|
|Organisations||0|9061|0|9061|3530|
|||59090|18487|0|77577|33313|
|Purchase of Investments||0|0|0|0|0|
|Purchase of fixed assets||0|0|0|0|0|
|Loan Repayments||0|0|0|0|0|
|**Total Payments**||59090|18487|0|77577|33313|
|Net receipts/ (payments)||186225|-2081|0|184144|32466|
|Transfers between funds||-3567|3567|0|0|0|
|Net movement in funds||182658|1486|0|184144|32466|
|Funds brought forward||68428|6621|0|75049|42583|
|Funds carried forward|12|251086|8107|0|259193|75049|



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## **BALLYGOMARTIN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES** 

## **As at 31 December 2022** 

|**Assets & Liabilities**||**Unrestricted**<br>**Funds**|<br>**Restricted**<br>**Funds**|**Endowment**<br>**Funds**|<br>**Total Funds**<br>**2022**|**Total Funds**<br>**2021**|
|---|---|---|---|---|---|---|
|**Funds Reconciliation**||£|£|£|£|£|
|Bank and Cash at start ofyear||68428|6621|0|75049|42583|
|Net movement in funds||182658|1486|0|184144|32466|
||||||||
|Bank and Cash at end ofyear||251086|8107|0|259193|75049|
||||||||
|**Bank & Cash Balances**|||||||
|Bank Deposit Accounts|||||0|0|
|Bank Current Accounts|||||251086|68428|
|Cash in Hand|||||135|150|
|Bank Current A/C's - Organisations|||||7577|6338|
|Cash in Hand - Organisations|||||395|133|
||||||259193|75049|
|**Other Assets**|||||||
|Fixed Assets(usinginsurance values)|||||||
|Church Premises|||||1528613|1361187|
|Hall Premises sold Dec 2022|||||0|466954|
|Manse Premises|||||342220|304737|
|Fixtures, Fittings & Equipment<br>(included above)|||||||
|Vehicles|None||||||
|Investments|None||||||
|Gift Aid receivable on donations|||||8835|7898|
||||||2138861|2215825|
|**Liabilities**|||||||
|Loans|||||0|0|
|Other|||||0|0|
||||||0|0|



Approved by the Kirk Session at a meeting on 29[th] January 2023 and signed on its behalf by 

[Name] WESLEY MCCREEDY 

[Name] RAYMOND CUMMINS 

[Date] 29.1.2023 

[Date]               29.1.2023 

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## **BALLYGOMARTIN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS** 

## **31 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 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** 

|**2. Donations**<br>**& Legacies**||**Unrestricted**<br>**Funds**|<br>**Restricted**<br>**Funds**|**Endowment**<br>**Funds**|<br>**Total 2022**|**Total 2021**|
|---|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|**£**|
|Recordedgivings||40049|1881|0|41930|40115|
|Loose collections||3158|0|0|3158|1321|
|Donations andgifts||2778|3213|0|5991|2501|
|Gift Aid||7948|0|0|7948|8456|
|Legacies and bequest||0|0|0|0|0|
||||||||
|||53933|5094|0|59027|52393|



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## **BALLYGOMARTIN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont’d) 31 December 2022** 

## **3. CHARITABLE ACTIVITIES** 

|**3. Charitable Activities**||**Unrestricted**<br>**Funds**|<br>**Restricted**<br>**Funds**|**Endowment**<br>**Funds**|<br>**Total 2022**|**Total 2021**|
|---|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|**£**|
|Income from charitable activities||0|0|0|0|0|
|Fees from weddings and funerals||0|0|0|0|0|
|Fundraisingevents||0|0|0|0|0|
|HMRC - Covid Furlough scheme||0|0|0|0|0|
|Grants - UM Trust||0|0|0|0|0|
||||||||
|||0|0|0|0|0|



## **4. OTHER TRADING ACTIVITIES** 

|**4. Other Trading Activities**||**Unrestricted**<br>**Funds**|<br>**Restricted**<br>**Funds**|**Endowment**<br>**Funds**|<br>**Total 2022**|**Total 2021**|
|---|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|**£**|
|Lettingofpremises||1200|0|0|1200|7200|
|Tradingincome||0|0|0|0|0|
||||||||
|||1200|0|0|1200|7200|



## **5. INVESTMENT INCOME** 

|**5. Investment Income**||**Unrestricted**<br>**Funds**|<br>**Restricted**<br>**Funds**|**Endowment**<br>**Funds**|<br>**Total 2022**|**Total 2021**|
|---|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|**£**|
|Deposit interest||182|0|0|182|6|
|General Investment Fund||0|0|0|0|0|
|Rents investmentproperties||0|0|0|0|0|
|Other investment income||0|0|0|0|0|
||||||||
|||182|0|0|182|6|



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## **BALLYGOMARTIN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont’d)** 

## **31 December 2022** 

## **6. OTHER INCOME** 

|**6. Other Income**||**Unrestricted**<br>**Funds**|<br>**Restricted**<br>**Funds**|**Endowment**<br>**Funds**|<br>**Total 2022**|**Total 2021**|
|---|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|**£**|
|Insurance claims||0|0|0|0|0|
|Other income||0|0|0|0|0|
||||||||
|||0|0|0|0|0|



## **7. RAISING FUNDS** 


**----- Start of picture text -----**<br>
Unrestricted  Restricted  Endowment<br>7. Raising Funds Total 2022 Total 2021<br>Funds Funds Funds<br>£ £ £ £ £<br>FWO envelopes 280 0 0 280 310<br>Fundraising events 0 0 0 0 0<br>280 0 0 280 310<br>**----- End of picture text -----**<br>


## **8. CHARITABLE ACTIVITIES** 

|**8. Charitable Activities**||**Unrestricted**<br>**Funds**|<br>**Restricted**<br>**Funds**|**Endowment**<br>**Funds**|<br>**Total 2022**|**Total 2021**|
|---|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|**£**|
|General AssemblyAssessments||8914|0|0|8914|5532|
|Presbyteryfees||536|0|0|536|536|
|Ministryand support staff costs||25308|0|0|25308|8827|
|Congregational runningexpenses||24052|1777|0|25829|8254|
|Donations to Missions and charities||0|7649|0|7649|6324|
|Governance costs||0|0|0|0|0|
||||||||
|||58810|9426|0|68236|29473|



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## **BALLYGOMARTIN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont’d)** 

## **31 December 2022** 

## **9. OTHER EXPENDITURE** 


**----- Start of picture text -----**<br>
Unrestricted  Restricted  Endowment<br>9. Other Expenditure Total 2022 Total 2021<br>Funds Funds Funds<br>£ £ £ £ £<br>Investment Properties Expenses 0 0 0 0 0<br>0 0 0 0 0<br>**----- End of picture text -----**<br>


## **10. FIXED ASSETS** 

The congregation owns: 

- the Church premises situated at 132-140 Ballygomartin Road, BELFAST BT13 3NA and the associated fixtures, fittings, plant and machinery. These have an insurance value of £1,361,187 

- a Manse at 14 Lyndhurst View Avenue, BELFAST BT13 3XB (for the minister) and associated fixtures, fittings and equipment: these have an insurance value of £304,737 

## **11. INVESTMENTS** 

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

|**11. Investments**||**2022**|**2021**|
|---|---|---|---|
|||**£**|**£**|
|General Investment Fund||0|0|
|Property||0|0|
|Other investments||0|0|
|||0|0|



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## **BALLYGOMARTIN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont’d)** 

## **31 December 2022** 

## **12. FUND BALANCES** 

|**12. Fund Balances**||**Balance at**<br>**Start**|<br>**Receipts**|**Payments**|**Surplus /**<br>**(Deficit)**|**Transfer**|**Balance at**<br>**End**|
|---|---|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|**£**|**£**|
|**Unrestricted Funds**||||||||
|General Fund||68428|55315|54101|1214|-3567|66075|
|Proceeds from sale of Hall||0|190000|4989|185011|0|185011|
|||||||||
|||68428|245315|59090|186225|-3567|251086|
|||||||||
|**Restricted Funds**||||||||
|United Appeal||0|1881|4836|-2955|2955|0|
|Other Missions & Charities Fund||0|3063|4425|-1362|1362|0|
|Wider World||0|60|60|0|0|0|
|Flower Fund||150|90|105|-15|0|135|
|**Organisations**||6471|11312|9061|2251|-750|7972|
|**TOTAL FUNDS**||6621|16406|18487|-2081|3567|8107|
|||||||||
|**Endowment Funds**||||||||
|None||0|0|0|0|0|0|
|**TOTAL FUNDS**||75049|261721|77577|184144|0|259193|
|||||||||



|||**Valuation**<br>**at Start**|||**Revaluation**<br>**Increase**||**Valuation at**<br>**End**|
|---|---|---|---|---|---|---|---|
|**General Investment Fund**||0|||0||0|
|||0|||0||0|



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