SECOND KILREA CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL AcfiviTY {Receipts and Payments Account)
for the year ended 31 December 2022
Note
Unrestrirted
Funds
Restricted
Funds
Endowment
Funds
Total
2022
Total
2021
Receipts
Donations and legacies
Charitable activities
Other trading activities
Investment Income
26,216
11,037
20
6,718
1,418
37,253
20
6,718
1,835
54,880
393
3,751
1,893
417
Sale of Investments
Sale of fixed assets
Loans Received
Total Receipts
26,633
19,193
45,826
60,917
Payments
Raising Funds
Cha ritable activities
Other
211
28,309
211
39,135
9,960
357
40,966
14,688
10,826
9,960
Total Payments
28,520
20,786
49,306
56,011
Net receipts / (payments}
Transfers between funds
(1,887)
(504}
(1,593)
504
{3,480)
4,906
Net movement in funds
Funds brought forward
(2,391)
132,541
(1,089)
123,901
(3,480}
4,906
256,442 251,536
Funds carried forward
11
130,150
122,812
252,962 256,442
11

SECOND KILREA CONGREGATION OF THE PRE5BYfERIAN CHURCH IN IRELAND
STATEMENT OF ASSEfs AND LIABILITIES
As at 31 December 2022
Unrestricted
Funds
Restrirted Endowment Total Funds Total Funds
Funds
Funds
2022
2021
Funds Reconciliation
Bank and Cash at start of year
Net movement in funds
132,541
(2,391)
123,901
{1,089)
256,442
{3,480)
251,536
4,906
Bank and Cash at end of year
130,150
122,812
252,962
256,442
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
170,055
82,907
172,400
84,042
252,962
256,442
Other Assets
Fixed Assets- Note 9
Church Premises
1,687,000
1,687,000
Fixtures, Fittings &
Equipment
Vehicles
Investments- Note 10
33.853
33,853
Gift Aid receivable on
donations
1,720,853
1,720,853
Liabilities
(N/A)
{N/A)
Approved by the Kirk Session
t a meeting on
and signed on its behalf by
John Mcllr
Alastair Rowe
12

SECOND KILREA CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES
ANNUAL REPORT {CONT,D)
NOTES TO THE ACCOUNT5
31 December 2022
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'5 general purposes.
Designated funds are general funds set aside by the congregation for use in the future.
DONATIONS AND LEGACIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2022
Total
2021
Recorded giving:
Free Will Offering
Standing Orders & L005e
Donations and gifts
Gift Aid
15,212
6,128
970
3,906
15,212
7,589
10,043
4,409
13,128
6,704
30,465
4,583
1,461
9,073
503
26,216
11,037
37,253
54,880
13

SECOND KILREA CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2022
CHARITABLE AcfiviTIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2022
Total
2021
Income from charitable activities
Fees from weddings and funerals
Fundraising events
Membership fees
Grants
20
20
393
20
20
393
4. OTHER TRADING ACTIVITIES
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2022
Total
2021
Letting of premises
Trading Income
6,693
25
6,693
25
3,707
44
6,718
6,718
3,751
INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2022
Total
2021
Bank interest
General Investment Fund
Rents investment properties
Other investment income
417
137
554
630
1,281
1,281
1,263
417
1,418
1,835
1,893
14

SECOND KILREA CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2022
RAISING FUNDS
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2022
Total
2021
FWO envelopes
Church BBQ
211
211
208
149
211
211
357
CHARITABLE ACTIVITIES
Unrestricted Restrirted Endowment
Funds
Funds
Fund5
Total
2022
Total
2021
General Assembly Assessments
Presbytery fees
Ministry and support staff cost5
Congregational running expense5
Donations to Missions and charities
Governance costs
1,668
139
10,062
5,506
9,134
1,800
1,668
139
10,062
8,832
16,634
1,800
6,622
129
8,670
15,344
8,581
1,620
3,326
7,500
28,309
10,826
39,135
40,966
15

SECOND KILREA CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (convd)
31 December 2022
OTHER EXPENDITURE
Unrestrirted
Funds
Restricted Endowment
Funds
Funds
Total
2022
Total
2021
Investment properties expenses
9,960
9,960
14,688
9,960
9,960
14,688
FIXED ASSETS
The congregation owns the Church and hall premises situated at 69 Maghera Street, Kilrea, Co.
Londonderry BT515QL, the Manse, outbuildings and land situated at 40 Blackrock Road, Kilrea, Co.
Londonderry BT515XH, along with associated fixtures, fittings, plant and equipment. These currently
have an insurance value of £1,294,000 and £393,000 at last renewal date.
10. INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation.
2022
2021
General Investment Fund
15,541
15,541
Other Investments
18,312
18,312
33,853
33,853
16

SECOND KILREA CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2022
11. FUND BALANCES
Fund
Balance Receipts Payment Surplus / Transfer Balance at
at start
{Deficit)
end
Unrestricted Funds
Danske Bank No l a/c
First Trust a/c
Progressive Building Society
80,360
26,422
28,520
{2,0981
1504)
77,758
52,180
211
211
52,391
132,541
26,633
28,520
(1,8871
{5041
130,150
Restrlcted Funds
Danske Bank No 2 a/c (Property)
Danske Bank Deposit (Prop)
Danske Bank Deposit (Prop)
First Trust Bank Deposit (Prop)
Danske Bank Deposit (Dividends)
Danske Bank Manse Rental
Danske Bank Kennedy Adams
Danske Bank Sunday School
Danske Bank PW
Danske Bank PW Catering
United Appeal IDB No l a/cl
WDA {DB No l a/cl
Moderators Appeal (DB No l a/cl
Children's Society IDB No l a/c)
Friendship Group IDB No l a/c)
Tear Fund Appeal IDB No l a/cl
Mums & Tots IDB No l alc)
Royal British Legion (DB No l a/cl
3,311
11,645
34,829
25,690
25,871
10,259
7,810
961
1,348
1,807
3,399
17
53
13
1,314
6,011
702
2,501
898
17
53
13
1,314
13,878)
601
1146)
1200)
(330)
504
4,713
11,662
34,882
25,703
27,185
6,381
8,411
815
1,148
1,477
9,889
101
147
1,462
330
3,173
30
1,220
770
106
855
177
25
1,262
3,173
30
1,220
770
120
855
228
25
264
264
106
14
120
51
51
123,901
19,193
20,786
(1,5931
504
122,812
Total Cash Funds
252 962
17

SECOND KILREA CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {conVd)
31 December 2022
11. FUND BALANCES (convd)
Balance
at start
Receipts Payment Surplus/ Transfer
Deficit
Balance
at end
Total Cash Funds fwd
256,442
45,826
49,306
{3,480)
252,962
Investment Funds
PCI Gen Investment Fund
4.250A Treasury Stock
11,790
18,023
335
660
335
660
(335)
(6601
11,790
18,023
Endowment Fund5
PCI Gen Investment Fund
4.25% Treasury Stock
3.751
289
168
119
168
119
1168)
{119)
3,751
289
33,853
1,282
1,282
11,282)
33,853
Total
290,295
47,108
49,306
(2,198) (1,282)
286,815
18