# **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| 1 ## **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| 2 **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. 3 **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 5 **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** 6 ## **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**| 7 **TOBERKEIGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to Accounts** 8