TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
Trustees Annual Report and Financial Statements for the year ended 31 December 2023
Registered Charity in Northern Ireland (NIC105335)
TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees Annual Report
Statement of Financial Activity (Receipts and Payments Account) As at 31 December 2023
| Note Receipts Donations & Legacies 2 Charitable Activities 3 Other trading income 4 Investment Income 5 Other 6 Total Receipts Payments Raising funds 7 Charitable activities 8 |
Unrestricted Restricted Endowment Funds Funds Funds £ £ £ 62,816 29,778 0 0 4,004 0 1,735 1,000 0 432 7 0 768 1,408 0 |
Total Total 2023 2022 £ £ 92,594 83,807 4,004 3,371 2,735 11,485 439 850 2,176 2,084 |
|---|---|---|
| 65,751 36,197 0 |
101,948 101,597 |
|
| 0 426 0 51,652 67,196 30 |
426 433 118,878 58,479 |
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TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees Annual Report
| Total payments Net receipts / (payments) Funds brought forward (restated) 10 Net Internal Transfers 10 Funds carried forward 10 |
51,652 67,622 30 |
119,304 58,912 |
|---|---|---|
| 14,100 (31,425) (30) 91,914 27,687 15,101 (1,206) 1,206 0 |
(17,356) 42,685 134,702 92,013 (0) 0 |
|
| 104,808 (2,532) 15,071 |
117,347 134,698 |
Statement of Assets and Liabilities As at 31 December 2023
| Funds Reconciliation Bank & Cash at start of the year Net movement in funds Internal Transfer Bank & Cash at end of year Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts |
Unrestricted Restricted Endowment Total Total Funds Funds Funds 2023 2022 £ £ £ £ £ 91,914 27,687 15,101 134,702 92,013 14,100 (31,425) (30) (17,356) 42,685 (1,206) 1,206 0 (0) 0 |
|---|---|
| 104,808 (2,532) 15,071 117,347 134,698 |
|
| 0 0 15,071 15,071 15,101 104,807 (2,532) 0 102,274 119,597 |
|
| 104,808 (2,532) 15,071 117,347 134,698 |
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TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees Annual Report
Other Assets PCI Shares £13.3269 691 shares *
9,209
1. ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
As the total income of the congregation is less than £250,000 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 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.
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TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to Accounts
| 2. Donations and Legacies Donations and gifts Gift Aid Bequests / Legacy Total 3. Charitable Activities Income from Charitable activities Fundraising Events Membership fees Grants Total 4. Other trading activities Letting of land & Manse Fees from Graves Total |
Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 £ £ £ £ £ 54,516 18,036 0 72,552 69,257 8,252 3,610 0 11,862 9,838 48 8,132 0 8,180 4,713 |
|---|---|
| 62,816 29,778 0 92,594 83,807 |
|
| Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 £ £ £ £ £ 0 0 0 0 491 0 1,144 0 1,144 0 0 260 0 260 80 0 2,600 0 2,600 2,800 |
|
| 0 4,004 0 4,004 3,371 |
|
| Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 £ £ £ £ £ 1,735 0 0 1,735 8,885 0 1,000 0 1,000 2,600 |
|
| 1,735 1,000 0 2,735 11,485 |
| 5. Investment Income Deposit interest Gift Aid Interest Total 6. Other Income Wider World NIE wayleave |
Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 £ £ £ £ £ 164 7 0 171 164 268 0 0 268 686 |
|---|---|
| 432 7 0 439 850 |
|
| Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 £ £ £ £ £ 0 133 0 133 140 68 0 0 68 61 |
TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to Accounts
| Ramoan Percentage Other Total |
0 1,217 1,217 0 700 58 758 1883 |
|---|---|
| 768 1,408 0 2,175 2,084 |
|
| TOTAL INCOME | 65,751 36,197 0 101,948 101,597 |
| 7. Raising Funds Wider World FWO Envelopes Total 8. Charitable Activities Donations to Ministries & Charities General Assembly Assessments Presbytery Fees Ministry & Support staff costs Congregational Running expenses Total |
Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 £ £ £ £ £ 0 133 0 133 140 0 293 0 293 293 |
| 0 426 0 426 433 Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 £ £ 0 17,382 0 17,382 17,037 27,620 0 0 27,620 5,967 343 0 0 343 387 6,056 0 0 6,056 9,570 17,633 49,814 30 67,477 25,518 |
|
| 51,652 67,196 30 118,878 58,479 |
|
| TOTAL PAYMENTS | 51,652 67,622 30 119,304 58,912 |
9. FIXED ASSETS
The congregation owns the Church premises situated at Moycraig road, Mosside and the associated fixtures, fittings, plant and machinery. These have an insurance value of £289,893. The Church, including the attached buildings, have insurance of £1,134,859 in place and the adjacent
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TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to Accounts
Church Hall has an insured value of £552,666. The insurance value of the church and church hall includes contents cover.
10. Fund Balances
| Unrestricted Funds General Fund Reserve Total Restricted Funds General fund Property Account Boys Brigade Girls Association Presbyterian Woman Youth Club Youth Fellowship Committee Discretion Grave Fund Sunday School Total |
Balance at start Receipts Payment Surplus / (Deficit) Transfer In Transfer Out Balance at end £ £ £ £ £ 81,923 65,751 51,618 14,134 1,794 0 97,850 9,991 0 34 (34) 0 (3,000) 6,957 |
|---|---|
| 91,914 65,751 51,652 14,100 1,794 (3,000)104,807 |
|
| 2,989 29,189 16,297 12,892 0 (53,377) (37,496) 11,804 0 45,070 (45,070) 49,877 (1,444) 15,167 2,061 2,417 1,897 520 0 (200) 2,381 840 1 30 (29) 0 0 811 381 869 917 (48) 93 0 426 1,505 2,782 2,425 357 0 (150) 1,712 64 289 58 231 0 0 295 5,313 0 30 (30) 5,000 0 10,283 2,598 100 30 70 900 0 3,568 132 549 868 (319) 506 0 319 0 |
|
| 27,687 36,196 67,622(31,426) 56,376(55,171) (2,533) |
Endowment Funds
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TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to Accounts
| Bequest Total Total |
15,101 0 30 15,071 0 0 15,071 |
|---|---|
| 15,101 0 30 15,071 0 0 15,071 |
|
| 134,702 101,947 119,304 (2,256) 58,170(58,171) 117,345 |
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TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to Accounts
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