## **Newtowncrommelin Congregation of the Presbyterian Church In Ireland Statement of Financial Activity (Receipts and Payments Account) for the year ended 31st December 2022** |**Note**
**Receipts**
Donations and legacies
2
Charitable activities
3
Other trading activities
4
Investment Income
5
Other
6
Sale of investments
Sale of fixed assets
Loans received
**Total Receipts**
**Payments**
Raising funds
7
Charitable activities
8
Investment costs
Other
9
Purchase of investments
Purchase of fixed assets
Loan repayments
**Total Payments**
Net receipts / (payments)
Transfer between funds
Net movement in funds
Funds brought forward
Funds carried forward
12|**Unrestricted**
**Restricted**
**Endowment**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**2022**
**2021**
**£**
**£**
**£**
**£**
**£**
35,069
16,713
-
51,782
37,562
-
-
-
-
920
3834
-
4,754
920
889
-
14
903
1,498
69
-
-
69
5,335| |---|---| ||36,947
20,547
14
57,508
45,315
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-| ||36,947
20,547
14
57,508
45,315| ||276
-
-
276
266
24,786
42,857
0
67643
27586
-
-
-
-
-
-
-
-
-
-| ||25,062
42,857
0
67,919
27,852
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-| ||25,062
42,857
0
67,919
27,852| ||11,885
-22,310
14
-10,411
17,463
-
-
-
-
-| ||11,885
-22,310
14
-10,411
17,463
51,830
38,755
9,490
100,075
82,612| ||63,715
16,445
9,504
89,664
100,075| Page 1 of 7 ## **Newtowncrommelin Congregation of the Presbyterian Church In Ireland Statement of Financial Activity (Receipts and Payments Account) As at 31st December 2022** |**Funds reconciliation**
Funds balance at start of
year
Net movement in funds
year
**Bank and Cash Balances**
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
**Other Assets**
Fixed Assets - Note 10
Investments - Note 11
Gift Aid receivable on donations
**Liablities**
Loans|**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**Total Funds**
**Funds**
**Funds**
**Funds**
**2022**
**2021**
**£**
**£**
**£**
**£**
**£**
51,830
38,755
9,490
100,075
82,612
11,885
-22,310
14
-10,411
17,463|**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**Total Funds**
**Funds**
**Funds**
**Funds**
**2022**
**2021**
**£**
**£**
**£**
**£**
**£**
51,830
38,755
9,490
100,075
82,612
11,885
-22,310
14
-10,411
17,463| |---|---|---| ||63,715
16,445
9,504
89,664
100,075
-
-
63,542
73,987
24
24
63,566
74,011
**-**
**-**
26,098
26,064
5,148
5,039
31,246
31,103
-
-
-
-|| |||63,566
74,011| |||**-**
**-**
26,098
26,064
5,148
5,039| |||31,246
31,103| |||-
-| |||-
-| Approved by the Kirk Session at a meeting on Jim Gillan and signed on its behalf by: Rev Alastair Beattie Page 2 of 7 ## **Newtowncrommelin Congregation of the Presbyterian Church In Ireland Notes to the Accounts 31st December 2022** ## **1. ACCOUNTING POLICIES** ## **Basis of Financial Statements** As the total income of the congregation is less than £250,000 the congregation have elected in accordance with the provisions in The Charities (Acounts and Reports Regulations (Northern Ireland) 2015 to prepare its accounts on a rec and payments basis. ## **Fund Accounting** Endowment funds are funds, the capital of which must be retained either permanently or at the congregation's discretio the income derived from the endowment is to be used either as restricted or unrestricted income funds depending upon purpose for which the endowment was established in the first place. Restricted funds comprise (a) income from endowments which is to expended only on the restricted purposes intended the donor and (b) revenue donations or grants for a specific congregational activity intended by the donor. Where thes 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 general funds set aside by the congregation for use in the future. ## **2. DONATIONS AND LEGACIES** |Recorded giving
Loose collections
Donations and gifts
Gift Aid
Legacies and bequests
Total|**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**Total Funds**
**Funds**
**Funds**
**Funds**
**2022**
**2021**
**£**
**£**
**£**
**£**
**£**
24,327
5,570
-
29,897
29,065
1514
3,693
-
5,207
715
5,380
6,276
-
11,656
3,310
3,848
1,174
-
5,022
4,472
-
-
-
-
-| |---|---| ||35,069
16,713
-
51,782
37,562| Page 3 of 7 ## **Newtowncrommelin Congregation of the Presbyterian Church In Ireland Notes to the Accounts (continued) 31st December 2022** ## **3. CHARITABLE ACTIVITIES** |**3. CHARITABLE ACTIVITIES**|| |---|---| |Income from charitable activities
Fees from weddings and funerals
Fundraising events
Membership fees
Grants received
Total|**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**Total Funds**
**Funds**
**Funds**
**Funds**
**2022**
**2021**
**£**
**£**
**£**
**£**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-| ||-
-
-
-
-| ## **4. OTHER TRADING ACTIVITIES** |Letting of premises
Trading income
Total|**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**Total Funds**
**Funds**
**Funds**
**Funds**
**2022**
**2021**
**£**
**£**
**£**
**£**
**£**
920
3834
-
4754
920
-
-
-
-
-| |---|---| ||920
3834
-
4754
920| ## **5. INVESTMENT INCOME** |Deposit interest
General Investment Fund
Rents investment properties
Other investment income
Total|**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**Total Funds**
**Funds**
**Funds**
**Funds**
**2022**
**2021**
**£**
**£**
**£**
**£**
**£**
100
-
-
100
138
-
-
-
-
-
-
-
-
-
-
789
-
14
803
1356| |---|---| ||889
0
14
903
1,494| Page 4 of 7 ## **Newtowncrommelin Congregation of the Presbyterian Church In Ireland Notes to the Accounts (continued) 31st December 2022** ## **6. OTHER INCOME** |Insurance claims
Other income
Total|**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**Total Funds**
**Funds**
**Funds**
**Funds**
**2022**
**2021**
**£**
**£**
**£**
**£**
**£**
-
-
-
-
-
69
-
-
69
5,335| |---|---| ||69
0
-
69
5,335| ## **7. RAISING FUNDS** ||**Unrestricted**|**Restricted**|**Endowment**|**Total Funds**|**Total Funds**| |---|---|---|---|---|---| ||**Funds**|**Funds**|**Funds**|**2022**|**2021**| ||**£**|**£**|**£**|**£**|**£**| |FWO envelopes|276|-|-|276|266| |Fundraising events|-|-|-|0|-| |Total|276|-|-|276|266| ## **8. CHARITABLE ACTIVITIES** ||**Unrestricted**|**Restricted**|**Endowment**|**Total Funds**|**Total Funds**| |---|---|---|---|---|---| ||**Funds**|**Funds**|**Funds**|**2022**|**2021**| ||**£**|**£**|**£**|**£**|**£**| |General Assembly Assessments|10,066|-|-|10,066|2,823| |Presbytery Fees|125|-|-|125|186| |Ministry and support staff costs|7,004|-|-|7,004|11,738| |Congregational running expenses|5,677|20,951|0|26,628|7,569| |Donations to Missions and Charities|1,914|21,905|-|23,819|5,270| |Governance costs|-|-|-|-|-| |Total|24,786|42,856|0|67,642|27,586| Page 5 of 7 ## **Newtowncrommelin Congregation of the Presbyterian Church In Ireland Notes to the Accounts (continued) 31st December 2022** ## **9. OTHER EXPENDITURE** |Investment properties expenses
Total|**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**Total Funds**
**Funds**
**Funds**
**Funds**
**2022**
**2021**
**£**
**£**
**£**
**£**
**£**
-
-
-
-
-| |---|---| ||-
-
-
-
-| ## **10. FIXED ASSETS** The congregation owns the church building together with the church hall and manse situated at Skerry Road East, Newtowncrommelin and the associated fixtures, fittings, plant and machinery. These have a combined insurance value of £1,855,615 ## **11. INVESTMENTS** |Details of the investment as at 31/12/22
Total|**2022**
**2021**
**£**
**£**
26,098
26,064| |---|---| ||26,098
26,064| The Church is the beneficiary of the income from investments held in the name of Wm McAlister Settlement No 2 Trust. Page 6 of 7 ## **Newtowncrommelin Congregation of the Presbyterian Church In Ireland Notes to the Accounts (continued) 31st December 2022** ## **12. FUND BALANCES** |**Unrestricted Funds**
General Acccount
Total
**Restricted Funds**
Property Fund
Mission Fund
Sunday School
PW
Choir
Youth
Total
**Endowment Funds**
Bequest Fund
Total
Total|**Balance at**
**Receipts**
**Payments**
**Surplus /**
**Balance at**
**Start**
**(Defecit)**
**End**
**£**
**£**
**£**
**£**
**£**
51,830
36,947
25,062
11,885
63,715| |---|---| ||51,830
36,947
25,062
11,885
63,715
21,972
7,673
20,911
(13,238)
8,734
13,931
9,141
18,470
(9,329)
4,602
1,575
-
-
-
1,574
889
3,733
3,475
258
1,147
158
-
-
-
158
230
-
-
-
230
38,755
20,547
42,856
(22,309)
16,445| ||9,490
14
0
0
9,504| ||9,490
14
0
0
9,504| ||| ||100,075
57,508
67,918
(10,424)
89,664| Page 7 of 7