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DONAGHEADY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACtJVlTY (Receipts and Payments Account)
for the year ended 31 December 2023
Note
Unrestricted
Funds
Restricted Endowmerrt
Funds
Funds
Total
2023
Total
2022
Receipts
Donations and legacies
Charitable activities
Othertrading activities
Investment Income
Other
69,049.51
1,778.78
110.00
578.48
200.00
20,524.48
271.00
6,000.00
682.53
89,573.99
2.049.78
6,110.00
1,261.01
200.00
54.721.82
311.40
6,000.00
225.83
Sale of Investments
Sale of fixed assets
Loans Received
Total Receipts
71,716.77
27,478.01
0.00
99,194.78
61,259.05
Payments
Raising funds
.•rharitable activities
tnvestment costs
Other (investment)
716.00
65,084.15
20,118.80
20,000,00
Purchase of Envestments
Purchase of fixed asset5
Loan Repayments
Total Payments
65,800.15
40,118.80
105,918.95
53,259.64
Net recetpts / Ipayments)
Transfers between funds
5,916.62
-12.640.79
-6,724.17
7,999.41
Net movement in funds
Funds brought forward
5,916.62
110,898.86
-12,640.79
75,851.00
0.00
-6,724.17
186,749.78
7,999.41
178,750.37
Funds carried forward
12
116,815.48
63,2 10.21
0.00
180,025.61
186.749.78
STATEMENT OF ASSETS AND LIABIUTIES
As at 31 December 2023
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Funds Reconciliation
Bank and Cash atstart of year
Net movement in funds
110.898.86
5,916.62
75,851.00
-12,640.79
0.00
186,749.86
-6,724.17
178,750.45
7,999.41
o.Ix)
Bank and Cash at erid of year
116,815.48
63,210.21
0.00
180,025.69
186,749.86
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
54,305.19
125,720.42
53,621.00
133,129.00
180.025.61
186,750.00
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Other Assets
Fixed Assets
Church Premises inc Fixtures,
Fittings & Equipment
10
3,492.792.00 3.492,792.00
Vehicles
Investments
Gift Aid receivable on donations
11
20.000.00
8,468.20
0.00
8,544.20
Liabilities
Loans
Other
Approved by the Kirk Sessron at a meeting on 13102/2024 and signed on its behalf by
Rev Robert Orr
Mr Ernest Colhoun
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DONAGHEADY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IREIAND
NOTES TO THE ACCOUNTS
31st December 2023
l. Accounting Policies
BASIS OF FINANCIAL sfATEMEp¥rs
As the total income of the congregat(on is less than £250,000 the congregation have 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 ba515.
FUND ACCOUNTING
Endowment fund5 are fund5, the capital of which must be retained either permanently or atthe congregation's discretion; the income
derived from the endowment is to be used either as restricted or unrestrirted income funds depending upon the purpose for which
the endowment was established in the first pla￿.
Restricted funds comprise (a) income from endowments which is to be expended only on the restricted purpose5 intended by the
donor and Ib) revenue donations or grants for a specÉfic congregatÈonaJ activity intended by the donor. Where these funds have
unspent balances, interest on thetr pooled investment is apportioned to the individual funds on an average balance basis.
Unrestricted funds are Fncome funds which are to be spent on the congregatton's general purposes. Designated funds are general
ftjnds set aside by the congregation for use in the future.
2. DONATIONS AND LEGACIES
Unrestricted
Funds
Restrirted Endowment
Funds
Funds
Total
2023
Total
2022
Recorded giving=
Loose collections
Donations and gÉfts
Gift Aid
Legacse5 and bequest
30,260.81
320.50
7,055.72
279.26
L713.00
1,476.50
10,000.00
37,316.53
599.76
1,713.00
9,944.70
40,000.00
44,966.85
385.47
825.30
8,544.20
0.00
8,468,20
30,000.00
69.049.51
20,524.48
0.00
89,573.99
54,721.82
DONAGHEADY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TOTHE ACCOUNTS
31st December 2023
3. CHARITABLE AcnviTIES
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Income from charitable 3rtivities
Fees from weddings and funorals
Fundraising events
Membership fees
Grants
2.019.78
30.00
2,049.78
644.00
0.00
0.00
2.019.78
30.00
0.00
2.049.78
644.00
4. OTHER TRADING AcfiviTIES
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Letting of premises
Trading income
110.00
6,000.00
6.110.00
0.00
6,000.00
110.00
6,000 00
6,110.00
6,000.00
5. INVESTMETif INCOME
Unrestricted
Fund5
Restricted Endowment
Funds
Funds
Total
2023
Totsl
2022
Deposit interest
General Investment Fund
Rents investment properties
578.48
510.98
1,089.46
0.00
119.64
0.00
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11. INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation.
2023
2022
General Investment Fund
Property
Other investments
20,000.00
20,000.00
12. FUND BALANCES
Balante at
start
Fund
Receipts
Payment
Surplus /
( Deficit}
Balance at
end
Transfer
Unrestritted Funds
General Fund
100,836.00
72,481.00
63,610.00
8,871.00
-3,402.00 106,305.00
100,836.00
72,481.00
63,610.00
8,871.00
-3,402.00 106,305.00
Restricted Funds
Inited Appeal
Jabbath School A/C
Choir A/C
Renovation & Repair A/C
PW A/C
Bowls A/C
Youth & Mini Club A/C
John Bailey Investment Fund
Pastoral Assistance Fund
Re-investment fund
Mccrea Clarke
Sale of old Church site
M Hall
Mr H Sheerin Mrw Dunn
0.00
1,286.59
289.93
31,479.64
408.23
831.19
3,887.18
20,000.00
20,860.88
735.00
2,164.00
10,899.26
0.00
7,086.98
330.00
247.00
0.00
0.00
4,500.00
4,816.(Kl
749.49
0.00
14,679.67
169.98
380.14
24.00
20,000.00
0.00
-2,652.OQ
10,149.77
2.652.00
0.00
5.60 11,441.96
289,93
1,476.50 25,363.45
3.00
571.25
698.05
3,863.18
-7,592.69
160.02
-133.14
-24.00
-20,000.00
4,500.00
0.00
25,360.88
-735.00
12.00
4,029.00
1,001.00
1,093.00
1.00
5.00
8.00
4,029.00
1,001.00
1,093.00
0.00
0.00
0.0
0,00
0.00
0.00
85,913.64
25,228.24
40.824.28
-15,596.04
3,402.10 73.719.70
186,749.64
97.709.24
104,434.28
-6.725.04
0.10 180,024.70
Endowment Funds
Total
186,749.64
97.709.24
104,434.28
-6,725.04
0.10 180,024.70