SECOND LIMAVADY PRESBYTERIAN CHURCH
A Congregation of the Presbyterian Church in Ireland
STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)
for the year ended 31st December 2022
Receipts
Donations and legacies
Charitable activities
Other trading activities
Investment Income
Other
64864
25310
3400
2640
60
2479
1000
91174
3400
7788
390
3829
80866
4210
4587
494
5592
5148
330
1350
Sale Of Investments
Sale Of Fixed Assets
Loans Received
Total Receipts
71692
33889
1000
106581
95749
Payments
Raising Funds
Charitable activities
Investment Costs
Other
703
68233
296
32288
999
100521
976
76371
Purchase Of Investments
Purchase Of Fixed Assets
Loan Repayments
Total Payments
68936
32584
101520
77347
Net Receiptsl(Payments}
Transfers between Funds
2756
827
1305
-827
1000
5061
18402
Net movement of funds
Reconciliation of funds
Total funds brought forward
3583
478
1000
5061
18402
66339
61369
30107
157815
139413
Totsl funds carried forward
12
69922
61847
31107
162876
157815
PAGE I

SECOND LIMAVADY PRESBYTERIAN CHURCH
A Congregation of the Presbyterian Church in Ireland
STATEMENf OF ASSETS AND LIABILITIES
for the year ended 31st December 2022
Funds Reconciliation
Bank And Cash At Start Of Year
66339
61369
30107
157815
139413
Net Movement In Funds
3583
478
1000
5061
18402
Bank And Cash At End Of Year
69922
61847
31107
162876
157815
Bank And Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash In Hand
18,808
112,865
96
18,809
108,801
98
131,769
127,708
Other Assets
Fixed Assets- Note 10
Church Premises
Fixtures Fittings & Equipment
Vehicles
Investments - Note I I
Gift Aid receivable On Donations
31,107
30,107
31107
30107
Liabilities
Loans
Other
Approved by the Kirk Session at a meeting on
behalf by
and signed on its
NAME
DATE
zo21
171,.1
DATE
11( °1Tr3
PAGE 2

SECOND LIMAVADY PRESBYTERIAN CHURCH
A Congregation of the Presbyterian Church in Ireland
NOTES TO THE ACCOUNTS
31st December 2022
ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
As the total income of the congregation is less than £25 0000 the congregation has
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 pennanently
or at the congregation's discretion. the incomc 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 placc.
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.
DONATIONS AND LEGACIES
Recorded Giving .
I,oose Collections
Donations And Gifts
Gift Aid
Legacies And Bequests
51352
697
200
11640
975
18641
3212
728
2529
200
69993
3909
928
14169
2175
64071
2212
1340
13243
1000
64864
?5310
1000
91174
80866
PAGE 3

SECOND LIMAVADY PRESBYTERIAN CHURCH
A Congregation of the Presbyterian Church in Ireland
NOTES TO THE ACCOUNTS (cont'd)
31st December 2022
CHARITABLE ACTIVITIES
Income from Charitable
Activities
Fees from Weddings and
Funerals
Grants
3400
3400
4210
3400
3400
4210
OTHER TRADING ACTIVITIES
Fundraising Events
L¢tting Of Premises
Trading Income
2640
2640
5148
5148
4587
5148
2640
7788
4587
INVESTMENT INCOME
Deposit Interest
General Investment Fund
Property Rents
Other Investment Income
254
257
223
76
57
133
271
330
60
390
494
PAGE 4

SECOND LIMAVADY PRESBYTERIAN CHURCH
A Congregation of the Presbyterian Church in Ireland
NOTES TO THE ACCOUNTS (cont'd)
31st December 2022
OTHER INCOME
Proceeds on sale of fixed assets
and investments
Insurance Claims
Myroe Presbyterian Church
Other Income
1050
300
2479
3529
300
833
4759
1350
2479
3829
5592
RAISING FUNDS
FWO Envelopes
Fundraising Events
703
296
999
976
703
296
999
976
CHARITABLE ACTIVITIES
General Assembly Assessments
Presbytery Fees
Ministry and Support Staff Costs
Utilities
Insurances
Congregational Running Expenses
Repair & Maintenance
Organisations Running Expenses
Donations to Missions and
Charities
Governance Costs
12103
404
41020
6792
3572
4242
12103
404
41020
6891
3572
4242
9982
7590
10859
320
35977
2686
3264
7758
1556
4969
99
9982
7590
100
10515
4102
10615
4102
7469
1513
68233
32288
100521
76371
PAGE 5

SECOND LIMAVADY PRESBYTERIAN CHURCH
A Congregation of the Presbyterian Church in Ireland
NOTES TO THE ACCOUNTS (cont'd)
31st December 2022
OTHER EXPENDITURE
Investment Properties Expenses
10.
FIXED ASSETS
The congregation owns the Church premises situated at 58 Irish Green Street Limavady and the
associated fixtures, fittings, plant and machinery. These have an insurance value of £4716074 at
the last renewal date 31 st October 2022.
11.
INVESTMENTS
The congregation has the following invesknents. Amounts are shown at market valuation.
2022
2021
General Investment Fund
Property
Other Investments
31,107
30,107
31107
30107
PAGE 6

SECOND LIMAVADY PRESBYTERIAN CHURCH
A Congregation of the PresbyterRan Church in Ireland
NOTES TO THE ACCOUNTS (eont'd)
31st December 2022
10.
FUND BALANCES
(i)
Unrestricted Funds
2022
2021
General Fund
General Fund (Bequest)
41916
28006
39308
27031
69922
66339
(11)
Restricted Funds
2022
2021
Property Fund
Property Fund (Bequest)
Missions And Charities Fund
Sunday School
Catering Fund
McKay Trust
Flower Fund
Youth Fellowship
Music Group
Presbyterian Women
Boys Brigade
Girls Brigade
Parent & Toddler
Choir
Bowling Club
Bits & Bobs Craft Group
Ladies Afternoon Bowls
42483
13220
42350
13220
32
479
499
120
120
72
673
574
2065
858
88
1022
173
72
471
636
2342
887
88
341
331
61847
61369
(111)
Endowment Funds
2021
2020
General Fund
Property Fund
Sunday School
McKay Trust
Endowments for Others
11330
12888
3385
1043
2461
11330
12888
2385
1043
2461
31107
30107
PAGE 7

SECOND LIMAVADY PRESBYTERIAN CHURCH
A Congregation of the Presbyterian Church in Ireland
NOTES TO THE ACCOUNTS (cont'd)
31st December 2022
10.
FUND BALANCES
(Iv)
Reconciliation OF MOVEMENT OF FUNDS
Unrestricted Funds
Balance
at Start
Income
Expend.
Gains/ Transfer Balance
Losses
at End
General Fund
General Fund (Bequest)
39308
27031
70717
975
68936
827
41916
28006
66339
71692
68936
827
69922
Restricted Funds
Property Fund
Property Fund (Bequest)
Missions And Charities Fund
Sunday School
Catering Fund
McKay Trust
Flower Fund
Youth Fellowship
Music Group
Presbyterian Women
Boys Brigade
Girls Brigade
Parent & Toddler
Choir
Bowling Club
Bits & Bobs Craft Group
Ladies Afternoon Bowls
42350
13220
10411
10278
42483
13220
9169
9221
99
193
52
61
-137
32
479
350
499
120
120
72
471
636
2342
887
88
341
331
72
673
574
2065
858
88
1022
173
2941
4668
5285
2539
4430
5362
30
-200
-300
-200
878
177
197
235
-100
61369
33889
32584
-827
61847
Endowment Funds
General Fund
Property Fund
Sunday School
McKay Trust
Endowments for Others
11330
12888
2385
1043
2461
11330
12888
3385
1043
2461
1000
30107
1000
31107
TOTAL
157815 106581
101520
162876
PAGE 8

SECOND LIMAVADY PRESBYTERIAN CHURCH
A Congregation of the Presbyterian Church in Ireland
Fund Balances
2022
2021
Cash in Hand
96
98
Progressive Building Society 1 Year Fixed Bond
13,030 12,031
.Progressive Building Society 2 Year Fixed Bond
30,107 30,107
Virgin Money Deposit Account
6,778
6,778
Deposits
49,915 48,916
Danske Bank Current Account
107,436 103,731
Presbyterian Women Bank Account
673
471
Boys Brigade Bank Account
574
636
Girls Brigade Bank Account
2,065
2,342
Parent & Toddler Group Bank Account
858
887
Bowling Club Bank Account
1,022
339
Bits & Bobs Craft Group Bank Account
173
331
Choir Account
64
Current Accounts
112,865 108,801
Total
162,876 157,815