ESKYLANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2023 Charity No. NIC 105310
| Note | Unrestricted Funds |
Restricted Funds |
Endowment Funds |
Total 2023 |
Total 2022 |
|
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | ||
| Receipts | ||||||
| Recorded Givings | 24,719 | 6,635 | 0 | 31,354 | 32293 | |
| Donations and legacies | 2 | 6,408 | 5,245 | 0 | 11,653 | 10773 |
| Charitable activities | 3 | 0 | 0 | 0 | 0 | 0 |
| Other trading activities | 4 | 0 | 625 | 0 | 625 | 0 |
| Investment Income | 5 | 0 | 105 | 0 | 105 | 97 |
| Other | 6 | 60 | 0 | 0 | 60 | 54 |
| 31,186 | 12,610 | 0 | 43,796 | 43217 | ||
| Sale of Investments | 0 | 0 | 0 | 0 | 0 | |
| Sale of fixed assets | 0 | 0 | 0 | 0 | 0 | |
| Loans Received | 0 | 0 | 0 | 0 | 0 | |
| Total Receipts | 31,186 | 12,610 | 0 | 43,796 | 43217 | |
| Payments | ||||||
| Raising funds | 7 | 285 | 155 | 0 | 440 | 310 |
| Charitable activities | 8 | 36,150 | 14,327 | 0 | 50,477 | 37271 |
| Investment costs | ||||||
| Other | 9 | |||||
| 36,435 | 14,482 | 0 | 50,917 | 37581 | ||
| 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 | 36,435 | 14,482 | 0 | 50,917 | 37581 | |
| Net receipts / (payments) | -5249 | -1873 | 0 | -7122 | 5636 | |
| Transfers between funds | -3514 | 3514 | 0 | 0 | 0 | |
| Net movement in funds | -8762 | 1641 | 0 | -7122 | 5636 | |
| Funds brought forward | 30359 | 5236 | 0 | 35595 | 29960 | |
| Funds carried forward | 12 | 21597 | 6877 | 0 | 28474 | 35595 |
ESKYLANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Charity No. NIC 105310
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 & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand Other Assets Fixed Assets – Note 10 Investments – Note 11 |
Unrestricted Funds Restricted Funds Endowment Funds Total Funds 2023 Total Funds 2022 £ £ £ £ £ 30,359 5,236 0 35,595 29,960 -8,762 1,641 0 -7,122 5,635 |
|---|---|
| 21,597 6,877 0 28,474 35,595 |
|
| 0 0 0 0 0 21,597 6,877 0 28,474 35,595 0 0 0 0 0 |
|
| 21,597 6,877 0 28,474 35,595 |
|
| 845,928 786,910 0 0 |
Approved by the Kirk Session at a meeting on 31st January 2023 and signed on its behalf by:
John Todd
Francis Coulter
7th February 2024
7th February 2024
Charity No. NIC 105310
ESKYLANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31st 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 receipt and payment 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 on 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 doner and (b) revenue donations or grants for a specific congregational activity intended by the doner. 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
| Recorded giving Loose collections Donations and gifts Gift aid Legacies and bequests |
Unrestricted funds Restricted funds Endowment funds Total 2023 Total 2022 £ £ £ £ £ 24,719 6,635 0 31,354 32,293 1,865 1,995 0 3,860 2,994 0 1,720 0 1,720 1,240 4,543 1,530 0 6,073 6,539 0 0 0 0 0 |
|---|---|
| 31,127 11,880 0 43,007 43,066 |
ESKYLANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31st December 2023
Charity No. NIC 105310
3 CHARITABLE ACTIVITIES
| Income from charitable activities Church Publications Fees from weddings and funerals Grants |
Unrestricted funds Restricted funds Endowment funds Total 2023 Total 2022 £ £ £ £ £ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
|---|---|
| 0 0 0 0 0 |
4 OTHER TRADING ACTIVITIES
| Membership Fees Income from Church Fundraising Letting income from Church premises |
Unrestricted funds Restricted funds Endowment funds Total 2023 Total 2022 £ £ £ £ £ 0 0 0 0 0 0 625 0 625 0 0 0 0 0 0 |
|---|---|
| 0 625 0 625 0 |
5 INVESTMENT INCOME
| Bank Interest General investment Fund Rents investment properties Other investment income |
Unrestricted funds Restricted funds Endowment funds Total 2023 Total 2022 £ £ £ £ £ 0 105 0 105 97 0 0 0 0 |
|---|---|
| 0 105 0 105 **97 ** |
ESKYLANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS
31st December 2023
Charity No. NIC 105310
6 OTHER INCOME
| Insurance claims Miscellaneous income |
Unrestricted funds Restricted funds Endowment funds Total 2023 Total 2022 £ £ £ £ £ 0 0 0 0 0 60 0 0 60 54 |
|---|---|
| 60 0 0 60 **54 ** |
7 RAISING FUNDS
| Church envelopes Fund raising events (Harvest Supper Expenses) |
Unrestricted funds Restricted funds Endowment funds Total 2023 Total 2022 £ £ £ £ £ 285 25 0 310 310 0 130 0 130 0 |
|---|---|
| 285 155 0 440 310 |
8 CHARITABLE ACTIVITIES
| General Assembly Assessments Presbytery Fees Ministry and support staff costs Congregational running expenses Donations to Missions & Charities Governance costs |
Unrestricted funds Restricted funds Endowment funds Total 2023 Total 2022 £ £ £ £ £ 4,808 0 0 4,808 4,473 129 0 0 129 125 15,541 0 0 15,541 14,221 5,671 764 0 6,436 3,957 10,000 13,563 0 23,563 14,495 0 0 0 0 0 |
|---|---|
| 36,150 14,327 0 50,477 37,271 |
ESKYLANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31st December 2023 Charity No. NIC 105310
9 OTHER EXPENDITURE
----- Start of picture text -----
Unrestricted Restricted Endowment
funds funds funds Total 2023 Total 2022
£ £ £ £ £
Investment properties expenses 0 0 0 0 0
0 0 0 0 0
----- End of picture text -----
10 FIXED ASSETS
Total 2023 Total 2022 £ £ The Congregation owns the Church premises situated at Steeple Road, Antrim,BT41 2LW and the associated fixtures,fittings,plant and machinery. These have an insurance value of : 845,928 786,910
11 INVESTMENTS
0
0
ESKYLANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS
31st December 2023
Charity No. NIC 105310
12 FUND BALANCES
| Unrestricted Funds General Account Restricted Funds General Account Property P.W. Christian Endeavour Endowment Funds TOTAL FUNDS |
Balance at start Receipts Payments Surplis/ (Deficit) Transfer Balance at end £ £ £ £ £ £ 30,359 31,186 36,435 -5,249 -3,514 21,597 |
|---|---|
| 30,359 31,186 36,435 -5,249 -3,514 21,597 |
|
| 0 7,850 11,363 -3,514 3,514 0 4,665 1,967 400 1,566 0 6,231 141 2,103 2,038 65 0 207 430 691 681 9 0 439 |
|
| 5,236 12,610 14,482 -1,873 3,514 6,877 |
|
| 0 0 0 0 0 |
|
| 35,595 43,796 50,917 -7,122 0 28,474 |