**DUNLUCE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to Accounts** **DUNLUCE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND** **Trustees Annual Report and Financial Statements for the year ended 31 December 2022** **Registered Charity in Northern Ireland (NIC105338)** **DUNLUCE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to Accounts** ## **Statement of Financial Activity (Receipts and Payments Account)** ## **As at 31 December 2022** |**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
**Total payments**
Net receipts / (payments)
Funds brought forward
(restated)
10
Internal Transfers
10
Funds carried forward
10|**Unrestricted Restricted**
**Endowment**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**2022**
**2021**
£
£
£
£
£
75916
12384
674134
762434
81231
3075
4029
0
7104
3717
0
0
0
0
0
630
19
786
1435
570
277
782
0
1059
257| |---|---| ||79898
17214
674920
772032
85775| ||983
0
0
983
946
62752
29029
70000
161781
76827| ||63735
29029
70000
162764
77773| ||0
0
0
0
0
0
0
0
0
0
0
0
0
0
0| ||0
0
0
0
0| OUNLUCZ CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to .4ccounts Presbyter an StaEemeDt of .4&sets and Liabilities As at 31 December 2021 I".nrestricted Reslricted Endoivment Totsl Total Funds Funds Fjjllds 2022 2021 Funds Reconeiliation Bank & Cash at start of the year Net rnovement in fifftds Intemal Trdnst"er 90; 126224 126601 11815 -377 Bank & Cash at end of year 96141 6049?0 7?4708 1262?4 Bank & Cash Baknnces Bank Deposit Accounts Bank Current Accounts 96141 23647 6049?0 7?4708 126224 96141 6049?0 724708 126224 Other Assets Church Premises Fixtures, Fittings & Equipment Investments- Note 11 4146862 40000 71144 Gift Aid receivable on donations 4258006 Liabilities Loans Other Approved bv the KÉrk Session at a m¢¢ting on 29 Ma￿k 20?) and signal on its behalf by Signed: Name: Name: **DUNLUCE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to Accounts** ## **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. **DUNLUCE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to Accounts** ## **2. DONATIONS AND LEGACIES** |Recorded giving:
Loose Collections
Donations and Gifts
Gift Aid
Legacies and bequest|**Unrestricted**
**Restricted**
**Endowment**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**2022**
**2021**
£
£
£
£
£
63649
9880
0
73529
69785
1241
831
0
2072
407
0
70
0
70
0
11026
1603
0
12629
10539
0
0
674134
674134
500| |---|---| ||75916
12384
674134
762434
81231| ## **3. CHARITABLE ACTIVIES** ||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**| |---|---|---|---|---|---| ||**Funds**|**Funds**|**Funds**|**2022**|**2021**| ||£|£|£|£|£| |Income from charitable|||||| |activities|3075|0|0|3075|645| |Fees from weddings and|||||| |funerals|0|400|0|400|1400| |Fundraising events|0|1927|0|1927|1132| |Membership fees|0|1502|0|1502|0| |Grants|0|200|0|200|540| ||3075|4029|0|7104|3717| ## **DUNLUCE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to Accounts** |**4.**|**OTHER TRADING**|**ACTIVIES**||||| |---|---|---|---|---|---|---| |||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**| |||**Funds**|**Funds**|**Funds**|**2022**|**2021**| |||£|£|£|£|£| |Letting of premises||0|0|0|0|0| |Trading Income
||0|0|0|0|0| |||0|0|0|0|0| ## **5. INVESTMENT INCOME** |Deposit Interest
General Investment Fund
Rent Investment properties
Other Investment Income
|**Unrestricted**
**Restricted**
**Endowment**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**2022**
**2021**
£
£
£
£
£
0
19
786
805
96
630
0
0
630
475
0
0
0
0
0
0
0
0
0
0| |---|---| ||630
19
786
1435
571| ## **6. OTHER INCOME** ||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**| |---|---|---|---|---|---| ||**Funds**|**Funds**|**Funds**|**2022**|**2021**| ||£|£|£|£|£| |Insurance claims|0|0|0|0|0| |Other Income
|277|782|0|1059|256| ||277|782|0|1059|256| **DUNLUCE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to Accounts** ## **7. RAISING FUNDS** ||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**| |---|---|---|---|---|---| ||**Funds**|**Funds**|**Funds**|**2022**|**2021**| ||£|£|£|£|£| |FWO envelopes|983|0|0|983|946| |Fundraising events
|0|0|0|0|0| ||983|0|0|983|946| ## **8. CHARITABLE ACTIVITIES** |General Assembly
Assessments
Presbytery Fees
Ministry and support staff
costs
Congregational running
expenses
Donations to Missions and
charities
Governance costs|**Unrestricted**
**Restricted**
**Endowment**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**2022**
**2021**
£
£
£
£
£
13185
0
0
13185
13242
514
0
0
514
593
43018
1250
0
44268
45003
2144
25649
0
27793
15758
3791
2130
70000
75921
2131
100
0
0
100
100| |---|---| ||62752
29029
70000
161781
76827| **DUNLUCE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to Accounts** ## **9 OTHER EXPENDITURE** |Investment properties
expenses
|**Unrestricted**
**Restricted**
**Endowment**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**2022**
**2021**
£
£
£
£
£
0
0
0
0
0| |---|---| ||0
0
0
0
0| ## **10. FIXED ASSETS** The congregation owns the Church premises situated at Priestland Road, Bushmills and the associated fixtures, fittings, plant and machinery. The following are as of 31[st] October 2022 - The Church, including the attached buildings, have insurance of £2,312,745 in place and the adjacent Church Hall has an insured value of £1,291,624. The insurance value of the church and church hall includes contents cover. The Manse building has insurance of £542,493. ## **11 INVESTMENTS** The congregation has the following investments. Amounts are shown at market valation |he congregation has the following investments. Amounts|are shown at market valation|| |---|---|---| ||**Total**|**Total**| ||**2022**|**2021**| ||£|£| |General Investment Fund|71144|71144| |Property|0|0| |Other Investments|0|0| ||71144|71144| **DUNLUCE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Notes to Accounts** ## **12 FUND BALANCES** |**Unrestricted Funds**
General Fund
Total
**Restricted Funds**
Building Fund
Sunday School
Presbyterian Woman
Girls Brigade
Youth Fellowship
Badminton
Bowling Club
Catering
TOP
Total
**Endowment Funds**
Endowment
Total
**Total**|**Balance**
**at start**
**Receipts**
**Payment**
**Surplus /**
**(Deficit)**
**Transfer**
**In**
**Transfer**
**Out**
**Balance**
**at end**
£
£
£
£
£
90762
79898
74322
5379
0
197
96141| |---|---| ||90762
79898
74322
5379
0
197
96141| ||15798
12170
22856
-10686
0
0
5112
1526
224
1151
-730
197
0
796
1923
1986
2135
-149
0
0
1774
5883
2413
2580
-167
0
0
5716
246
122
147
-25
0
0
221
603
92
100
-8
0
0
595
323
1
30
-29
0
0
294
9100
9
30
-21
0
0
9079
60
0
0
0
0
0
60| ||35462
17017
29029
-11815
197
0
23647| ||0
674920
70000
604920
0
0
604920| ||0
674920
70000
604920
0
0
604920| ||| ||**126224**
**183577**
**173351 **
**598484 **
**197**
**197**
**724708**|