## **Newtowncrommelin Congregation of the Presbyterian Church In Ireland Statement of Financial Activity (Receipts and Payments Account) for the year ended 31st December 2023** |**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**
**2023**
**2022**
**£**
**£**
**£**
**£**
**£**
34,487
16,552
-
51,039
51,782
-
-
-
-
920
6204
-
7,124
4,754
1,934
-
218
2,152
903
0
-
-
0
69| |---|---| ||37,342
22,756
218
60,316
57,508
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-| ||37,342
22,756
218
60,316
57,508| ||270
-
-
270
276
21,211
22,034
0
43244.86
67643
-
-
-
-
-
-
-
-
-
-| ||21,481
22,034
0
43,515
67,919
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-| ||21,481
22,034
0
43,515
67,919| ||15,861
722
218
16,801
-10,411
-
-
-
-
-| ||15,861
722
218
16,801
-10,411
63,715
16,445
9,504
89,664
100,075| ||79,576
17,167
9,722
106,464
89,664| Page 1 of 7 Newt¢y￿nCrOMrneIIn C￿ePtIon of the Preslryterian Chwch In Irelarrfl Statement of FInar￿la1 Activity (Receipts and Payments Accfx*tt) As at 31st December 2023 U￿estrICted Restricted ENkMTm•nt T(*al F￿￿15 FUNIS 2023 Total Funds 2022 Funds balance at start of year Net mven*nt in funds 63,715 15,861 79.576 16.445 722 17,167 89.664 16,801 106.464 100.075 -10.411 89.664 218 9.722 year Bank Deposit Accounts Bank Qjrrent Accounts Cash in Hand 79,917 24 79,941 63,542 24 63,566 Fixed Assets ￿te 10 InvestnEnts - Nbte 11 Grft Aid receivable on donations 26,524 5.302 31.826 26,098 5.148 31.246 Loans Approved by the Kirk Session at a rr￿tIng on 28th ￿Y 2024 and signed on its behalf by: 4AaL- Jim Gillan ev David MCG Page2of7 ## **Newtowncrommelin Congregation of the Presbyterian Church In Ireland Notes to the Accounts 31st December 2023** ## **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**
**2023**
**2022**
**£**
**£**
**£**
**£**
**£**
25,535
5,130
-
30,665
29,897
1870
6,207
-
8,077
5,207
3,279
4,015
-
7,294
11,656
3,803
1,199
-
5,002
5,022
-
-
-
-
-| |---|---| ||34,487
16,551
-
51,038
51,782| Page 3 of 7 ## **Newtowncrommelin Congregation of the Presbyterian Church In Ireland Notes to the Accounts (continued) 31st December 2023** ## **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**
**2023**
**2022**
**£**
**£**
**£**
**£**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-| ||-
-
-
-
-| ## **4. OTHER TRADING ACTIVITIES** |Letting of premises
Trading income
Total|**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**Total Funds**
**Funds**
**Funds**
**Funds**
**2023**
**2022**
**£**
**£**
**£**
**£**
**£**
920
6204
-
7124
4754
-
-
-
-
-| |---|---| ||920
6204
-
7124
4754| ## **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**
**2023**
**2022**
**£**
**£**
**£**
**£**
**£**
161
-
-
161
100
-
-
-
-
-
-
-
-
-
-
1,773
-
218
1991
803| |---|---| ||1,934
0
218
2,152
903| Page 4 of 7 ## **Newtowncrommelin Congregation of the Presbyterian Church In Ireland Notes to the Accounts (continued) 31st December 2023** ## **6. OTHER INCOME** |Insurance claims
Other income
Total
**7. RAISING FUNDS**
FWO envelopes
Fundraising events
Total|**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**Total Funds**
**Funds**
**Funds**
**Funds**
**2023**
**2022**
**£**
**£**
**£**
**£**
**£**
-
-
-
-
-
0
-
-
0
69| |---|---| ||0
0
-
0
69| ||**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**Total Funds**
**Funds**
**Funds**
**Funds**
**2023**
**2022**
**£**
**£**
**£**
**£**
**£**
270
-
-
270
276
-
-
-
0
-
270
-
-
270
276| ## **8. CHARITABLE ACTIVITIES** ||**Unrestricted**|**Restricted**|**Endowment**|**Total Funds**|**Total Funds**| |---|---|---|---|---|---| ||**Funds**|**Funds**|**Funds**|**2023**|**2022**| ||**£**|**£**|**£**|**£**|**£**| |General Assembly Assessments|2,549|-|-|2,549|10,066| |Presbytery Fees|118|-|-|118|125| |Ministry and support staff costs|12,266|-|-|12,266|7,004| |Congregational running expenses|4,348|10,760|0|15,108|26,628| |Donations to Missions and Charities|1,930|11,274|-|13,204|23,819| |Governance costs|-|-|-|-|-| |Total|21,211|22,034|0|43,245|67,642| Page 5 of 7 ## **Newtowncrommelin Congregation of the Presbyterian Church In Ireland Notes to the Accounts (continued) 31st December 2023** ## **9. OTHER EXPENDITURE** |Investment properties expenses
Total|**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**Total Funds**
**Funds**
**Funds**
**Funds**
**2023**
**2022**
**£**
**£**
**£**
**£**
**£**
-
-
-
-
-| |---|---| ||-
-
-
-
-| ## **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 £1,948,396.65 ## **11. INVESTMENTS** |Details of the investment as at 31/12/23
Total|**2023**
**2022**
**£**
**£**
26,524
26,098| |---|---| ||26,524
26,098| 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 2023** ## **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**
**£**
**£**
**£**
**£**
**£**
63,715
37,342
21,481
15,861
79,576| |---|---| ||63,715
37,342
21,481
15,861
79,576
8,734
12,056
10,720
1,336
10,070
4,602
7,036
7,492
(457)
4,146
1,574
-
-
-
1,574
1,147
3,664
3,822
(158)
989
158
-
-
-
158
230
-
-
-
230
16,445
22,756
22,034
722
17,167| ||9,504
218
0
0
9,722| ||9,504
218
0
0
9,722| ||| ||89,664
60,315
43,515
16,582
106,464| Page 7 of 7