|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**||||| |---|---|---|---|---|---|---|---|---|---| ||||||||||| |**RECEIPTS AND PAYMENTS ACCOUNT**|||||||||| |**FOR THE YEAR ENDED 31ST DECEMBER 2023**|||||||||| ||||||||||| ||||||||||| ||||||**Unrestricted funds **|**Restricted funds**|**Endowment funds**|**Total funds**|**Total funds**| ||||||**2023**|**2023**|**2023**|**2023**|**2022**| ||||||**£**|**£**|**£**|**£**|**£**| |**Income**|||||||||| ||||||||||| |Freewill offerings,donations andplate collections|||||39,699.68|8,408.00|-|48,107.68|74,985.44| |Gift Aid Refund|||||6,234.97|2,340.63|-|8,575.60|17,817.81| |Mission Support|||||-|7,287.76|-|7,287.76|5,977.13| |Fund raising|||||5,668.71|-|-|5,668.71|-| |CharityAppeals - Special Collections|||||-|7,944.35|-|7,944.35|7,565.00| |Grants for Ukranians|||||-|4,950.00|-|4,950.00|5,100.00| |Grants for Guildhall buildingrepairs|||||-|41,478.40|-|41,478.40|-| |Rental income|||||8,761.20|-|-|8,761.20|8,067.04| |Cateringincome|||||-|330.00|-|330.00|5.00| |Receipts from SundaySchool and Children's Church|||||-|1,783.34|-|1,783.34|504.15| |SundryIncome|||||540.10|3,512.22|-|4,052.32|3,699.29| |Dividend|||||-|42.64|-|42.64|44.28| |Interest|||||220.42|51.95||272.37|30.90| |Receipts from Church's Organisations|||||-|12,295.63|-|12,295.63|9,804.89| ||||||||||| |**Total Income**|||||61,125.08|90,424.92|-|151,550.00|133,600.93| ||||||||||| |**Expenditure**|||||||||| ||||||||||| |General AssemblyAssessments|||||3,361.00|-|-|3,361.00|3,626.00| |Minister Expenses|||||25,694.70|270.00|-|25,964.70|24,305.38| |Organists and supplyministers|||||2,260.00|-|-|2,260.00|2,390.00| |Church Expenses|||||4,393.44|888.00|-|5,281.44|6,162.62| |Maintenance Manse|||||673.78|1,008.00|-|1,681.78|2,982.49| |Maintenance Guildhall and Station|||||2,494.96|59,322.55|-|61,817.51|11,946.80| |Mission Support|||||-|7,030.00|-|7,030.00|6,500.00| |CharityAppeals -|||||||||| ||From special collections||||-|8,302.90|-|8,302.90|9,232.38| ||General funds||||3,675.43|-|-|3,675.43|1,832.15| |Rentedproperty: expenses|||||143.24|1,504.28|-|1,647.52|1,099.12| |Cateringexpenses|||||-|363.28|-|363.28|86.33| |Payments from SundaySchool and Children's Church|||||-|1,112.06|-|1,112.06|570.30| |Graveyard upkeep|||||500.00|-|-|500.00|500.00| |Sundries|||||3,556.29|861.50|-|4,417.79|4,237.78| |Payments from Church's Organisations|||||-|11,649.34|-|11,649.34|11,143.14| |Transfer to LargyPresbyterian Church|||||-|-|-|-|457.60| |Loan repayments|||||-|-|-|-|30,200.00| |Loan interest|||||-|-|-|-|-| ||||||||||| |**Total Expenditure**|||||46,752.84|92,311.91|-|139,064.75|117,272.09| ||||||||||| ||||||||||| |**Excess of Income over Expenditure**|||||14,372.24|1,886.99
-|-|12,485.25|16,328.84| ||||||||||| ||||||||||| |The notes which follow formpart of these financial statements and should be read in conjunction herewith.|||||||||| ||||||||||| |On behalf of the Trustees|||||||||| ||||||||||| Rev Dr Clive Glass (Minister) 21/5/2024 Mr Graham Semple (Clerk of Session) 21/5/2024 ## **DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND** ## **STATEMENT OF ASSETS AND LIABILITIES AT 31 DECEMBER 2023** **----- Start of picture text -----**
Unrestricted Restricted Endowment Total Total
Note Funds Funds Funds Funds Funds
2023 2023 2023 2023 2022
£ £
Fixed Assets
Church buildings and contents 1,654,759.95 - - 1,654,759.95 1,654,759.95
Church Hall buildings and contents 833,832.05 - - 833,832.05 833,832.05
The Station 1,746,854.19 - - 1,746,854.19 1,746,854.19
Manse building 418,070.41 - - 418,070.41 418,070.41
Sexton's house: building 191,767.39 - - 191,767.39 191,767.39
__________________________________________________________________
Total assets retained for the Church's own use 1 4,845,283.99 - - 4,845,283.99 4,845,283.99
Cash Funds
Current accounts 12,032.07 53,031.08 - 65,063.15 54,075.83
Deposit accounts 601.70 - 931.48 1,533.18 1,522.55
Cash on hand 825.00 741.26 - 1,566.26 68.89
__________________________________________________________________
Total Cash Funds 3 13,458.77 53,772.34 931.48 68,162.59 55,667.27
Liabilities
Loan (2025) - - 3,000.00 - - 3,000.00 - 3,000.00
__________________________________________________________________
Total amounts outstanding - - 3,000.00 - 3,000.00 - 3,000.00
______________________________________
Total Assets less Liabilities 4,858,742.76 50,772.34 931.48 4,910,446.58 4,897,951.26
The notes which follow form part of these financial statements and should be read in conjunction herewith.
On behalf of the Trustees
**----- End of picture text -----**
Rev Dr Clive Glass (Minister) 21/5/2024 Mr Graham Semple (Clerk of Session) 21/5/2024 **DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND** ## **NOTES TO THE ACCOUNTS YEAR ENDED 31ST DECEMBER 2023** |**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||| |**NOTES TO THE ACCOUNTS**||||||||||||| |**YEAR ENDED 31ST DECEMBER 2023**||||||||||||| |||||||||||||| |||||||||||||| |1|**Accounting Policies**|||||||||||| |||||||||||||| ||Theprincipal accounting policies applied in thepreparation of the Receipts and Payments Account and the Statement of Assets and Liabilities are as follows:|||||||||||| |||||||||||||| |**(a)**|**Receipts and Payments Account**|||||||||||| ||All items of income and expenditure included within the Receipts and Payments Account have been accounted for on a cash receipts basis.|||||||||||| |||||||||||||| |**(b)**|**Fund Accounting**|||||||||||| |||||||||||||| ||Endowment funds are funds,the capital of which must be retained eitherpermanentlyor at the congregation's discretion;the income derived from the|||||||||||| ||endowment is to be used either as restricted or unrestricted income funds dependingupon thepurp|||||||ose for which the endowment was established in the||||| ||firstplace.|||||||||||| |||||||||||||| ||Restricted funds comprise(a)income from endowments which is to be expended onlyon the restric|||||||tedpurposes intended bythe donor and(b)revenue||||| ||donations orgrants for a specific congregational activityintended bythe donor. Where these funds|||||||have unspent balances,interest on theirpooled||||| ||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'sgeneralpurposes.|||||||Designated funds aregeneral funds set aside by||||| ||the congregation for use in the future.|||||||||||| |||||||||||||| |**(c)**|**Statement of Assets and Liabilities**|||||||||||| |||||||||||||| ||**Fixed Assets**|||||||||||| |||||||||||||| ||The congregation owns the followingassets|||||||||||| |||||||||||||| ||Churchpremises and contents|||||||||||| ||Church Hall and contents|||||||||||| ||The Stationpremises and contents|||||||||||| ||Sexton's house|||||||||||| ||Manse|||||||||||| |||||||||||||| ||All assets owned at 31st December 2023 have been included at their insurance value.|||||||||||| |||||||||||||| |**2**|**Special Collections**|||||||||||| |||||||||Income|Gift aid|Payments||| |||||||||£|£|£||| ||Remembrance SundayEarl HaigFoundation|||||||199.00|-|199.00||| ||United Appeal|||||||3,050.00|358.57|3,408.57||| ||Childrens' Society|||||||1,295.00|152.53|-||| ||Childrens' Society (2022)|||||||-|-|1,248.22||| ||World Development|||||||1,168.70|96.76|1,265.46||| ||Moderator's Appeal|||||||1,425.00|236.65|1,375.00||| ||Tear Fund|||||||425.65|29.03|425.65||| ||Release International|||||||150.00|-|150.00||| ||P & J Fleming|||||||231.00|-|231.00||| |||||||||7,944.35|873.54|8,302.90||| |||||||||||||| ||Donations unpaid at year end totalling £1,813.21 are included in restricted funds at year end.|||||||||||| ||£1,248.22 received for Children's Society in previous year has been paid in current year.|||||||||||| |||||||||||||| |**3**|**Movement in funds**|**Movement in funds**||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||**At 1stJan**|**Incoming**|**Outgoing**|**Transfers**|**At 31st Dec**||| |||||||**2023**|**Resources**|**Resources**||**2023**||| ||**Endowment funds: restricted**|||||||||||| ||E Dallas|||||367.57|-|-|4.02|371.59||| ||J A Ross|||||553.84|-|-|6.05|559.89||| |||||||______________________________________________________________||||||| |||||||921.41|-|-|10.07|931.48||| |||||||||||||| ||**Restricted funds**|||||||||||| ||General Fund|||||2,179.61|9,741.55|-9,213.90|23.60|2,730.86||| ||Repair fund|||||25,431.78|59,910.30|-63,854.33|12,698.97|34,186.72||| ||Mission Support fund|||||5,391.81|7,287.76|-7,030.00|-|5,649.57||| ||Youth Fellowshipfund|||||1,703.13|59.63|-74.75|-|1,688.01||| ||Presbyterian Women|||||1,038.33|1,284.20|-1,233.76|-|1,088.77||| ||Catering|||||432.33|330.00|-363.28|-|399.05||| ||SundaySchool and Children's Church|||||1,985.01|1,783.34|-1,112.06|-|2,656.29||| ||Boys' Brigade|||||2,754.50|4,467.30|-4,079.39|-|3,142.41||| ||Girls' Brigade|||||2,020.26|5,434.44|-5,239.14|-|2,215.56||| ||Mums and Tots|||||-|126.40|-111.30|-|15.10||| |||||||______________________________________________________________||||||| |||||||42,936.76|90,424.92|92,311.91
-|12,722.57|53,772.34||| |||||||||||||| ||**Unrestricted funds**|||||||||||| ||General fund|||||11,809.10|61,125.08|-46,752.84|-12,722.57|13,458.77||| |||||||||||||| |||||||||||||| ||**Total funds**|||||**55,667.27**|**151,550.00**|**-139,064.75**|**10.07**|**68,162.59**||| |||||||||||||| |||||||||||||| |**4**|**Transactions with the Trustees**|||||||||||| |||||||||||||| ||The Church incurred net expenditure of £1,681.78 relatingto the runningcosts of the Manse which is occupied bythe Minister.|||||||||||| ||LargyPresbyterian Church contributed £673.78 towards insurance and rates.|||||||||||| ||LargyPresbyterian Church also contributed £2,912.22 to the Church towards share of expenses.|||||||||||| ||The Minister's salary, pension and allowances totalled £25,964.70 for theyear.(2022 - £24,305.38)|||||||||||| ||Duringtheyear a total of £1,077.09 waspaid to Dr Glass in respect of reimbursement of expenses.|||||||||||| |||||||||||||| |**5**|**Governance costs**|||||||||||| ||Governance costs of £250.00 were incurred duringtheyear of which £250.00 relates to feespaid to the independent|||||||||||| ||examiner. These are included in Sundryexpenses.|||||||||||| ||||||||||||||