MA(SHUIA6ALL PRESBVr£RIAN CHURCH
CHARITY REGISTRATION NO. NICI 05328
STATEMEKf OF FINANCIAL AcfiviTIES
YEAR END£D 31 DECEMBER 2022

MAGHERAGALL PRESBYTERIAN CHURCH
Statement of Flnanclal Actlvltles
Year ended 31 December 2022
Recelpts and poyments account
Note
Restrlcted Unrestrlcted
2022
2021
Income from:
Donations and legacies
58,180
75,213
133,393
148,127
Investments
840
1,461
2,301
2,093
Other source5
60
3,505
3,565
485
Total Income
59,080
80,179
139,259
150,705
Expendlture on:
Charitable activities
Establishment costs
Capital projects
Investments
28,898
11,991
84,910
113,808
11,991
110,828
3,190
2,491
3,000
3,000
Total expendlture
43,889
84,910
128,799
116,509
Net movement In the year
15,191
(4,731)
10,460
34,196
Transfers between funds
225
1225)
Bank and cash balances
brought forward
34,292
1,526
35,818
1,622
Bank and cash balances
carrled forward
49,708
(3,430)
46,278
35.818

MAGHERAGALL PRESBYTERIAN CHURCH
Notes to Recelpts and Payments Account
Year ended 31 December 2022
l. Accountlng basls
The Trustees have elected to prepare the accounts on a receipts and payrnents basis in
accordance with the provisions in The Charities Accounts and Reports Regulations (Northern
Ireland) 2015.
All amounts are recorded in sterling.
2. Donatlons and legacles
Restricted Unrestricted
2022
2021
Donated for capital costs
Donated for charitable activities
32,372
Donated for establishment costs 25,808
Legacy- Rev R D Larmour dec'd
38,649
109,478
74,213
106,585
25,808
1,000
1,000
1,000
58,180
75,213
133,393
148,127
Donations include the cttoching gift old tox, where applicoble
3. Investment Income
Restricted Unrestricted
2022
2021
Dividends
Interest
840
1,434
27
2,274
27
2,075
18
840
1,461
2,301
2,093
4. Other Income sources
Restricted Unrestricted
2022
2021
Graveyard
Publications
Rents
Sundry
2,775
210
425
95
2,775
210
485
95
350
60
85
50
60
3,505
3,565
485
5. Charltable actlvltles
Restricted Unrestricted
2022
2021
Donations to Missions and
other charities
Sunday school costs
United Appeal
Ministerial costs
Central assessments
Organisations expenditure
Other running costs
11,017
139
4,924
11,017
139
6,791
44,310
16,155
12,7S8
22,638
17,293
169
6,340
43,713
15,600
11,884
15,829
1,867
44,310
16,155
12,758
60
22,578
28,898
84,910
113,808
110,828

MAGHERAGALL PRESBYfERIAN CHURCH
Notes to Recelpts and Payments Account
Year ended 31 December 2022
All the charitable activities undertaken are those of a Presbyterian Church in Ireland and for
the public benefit.
6. Establlshment costs
2022
2021
Repairs and maintenance- Hall
Repairs and maintenance- Church
Repairs and maintenance- Manse
10,561
1,346
84
1,386
1,502
302
11,991
3,190
2022
2021
7. Capltal costs
New hall facility
2,491
The capitol project was completed in 2021
2022
2021
8. Investment addltlons
251 shares in PCI General Investment Fund
3,000
9. Transfers between funds
Transfers made in order to ensure that no restricted fund is in deficit at the year end.
10. Hxed Assets
The congregation owns the undernoted property:
All the church property situated at School Lane, Upper Ballinderry, Lisburn, 8T28 2NT
including all fixtures, fittings, plant and equipment.
Manse, outbuildings, grounds and land at 102 Glena￿ Road, Lisburn, BT28 3XD
Small portion of land at Tansy Road, Upper Ballinderry, Lisburn, currently leased to
Tansy Mission Hall at a peppercorn rent.
These assets have an insured value of £3,241,92712021: £3,015,747).

MAGHERAGALL PREsB￿ERIAN CHURCH
Notes to Recelpts and Payments Account
Year ended 31 December 2022
11. Investments
The congregation has the following investments, shown at market valuation:
2022
2021
PCI General Investrnent Fund
Other
99,295
363
104,830
367
99,658
105,197
Restricted
Unrestricted
41,207
58,451
44,898
60,299
99,658
105,197
£3,000 was invested in PCI General Investment Fund during the yeor

MAGHERAGALL PRESBYTERIAN CHURCH
Statement of Assets and Uabllitles
Year ended 31 December 2022
Bank and cash balances
2022
2021
Bank deposit accounts
Bank current accounts
Cash in hand
12,715
32,720
843
34,218
25,697
638
46,278
60,553
{24,735)
Bank loans
46,278
35,818
Other assets
Fixed assets- Note 10
Investments- Note 11
3,241,927
99,658
3,015,747
105,197
3,341,585
3,120,944
Llabllltles
There are no liabilities
The Receipts and Payments Account and Statement of Assets and Liabilities were approved at a
meeting of Trustees of the charity on 19th April 2023 and authorised for issue.
Rev A A Mccullough
Chairperson
A l Mccull
Treasurer