GRANGE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 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 actvities 8 Investment costs Other 9 Purchase of Investments Purchase of Fixed Assets Loan Repayments Total Payments Net receipts/(payments) Transfers between funds Net movement in funds Funds Brought Forward Funds Carried Forward 12 |
Unrestricted Restricted Endownment Total Total funds Funds Funds 2022 2021 £ £ £ £ £ 65438 22858 0 88296 72266 20 137 0 157 900 1476 0 0 1476 0 299 1 0 300 324 19 0 0 19 19 |
|---|---|
| 67252 22996 0 90248 73509 0 0 0 0 0 46 100 0 146 0 0 0 0 0 0 |
|
| 67298 23096 0 90394 73509 |
|
| 396 0 0 396 463 40792 19319 0 60111 42990 0 0 0 0 0 0 0 0 0 0 |
|
| 41188 19319 0 60507 43453 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
|
| 41188 19319 0 60507 43453 |
|
| 26110 3777 0 29887 30056 80 -80 0 0 0 26190 3697 0 29887 30056 110842 27686 4582 143110 113054 |
|
| 137032 31383 4582 172997 143110 |
GRANGE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2022
| Funds Reconciliation Bank and Cash at start of Year Net Movement in funds Bank and Cash at end of Year Bank and Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand Other Assets Fixed Assets - Note 10 - Church Premises - Fixtures, Fittings & Equipment - Vehicles Investments - Note 11 Gift Aid Receivable on donations Liabilities Loans Others |
Unrestricted Restricted Endownment Total Total funds Funds Funds 2022 2021 £ £ £ £ £ 110842 27686 4582 143110 113054 26190 3697 0 29887 30056 |
Unrestricted Restricted Endownment Total Total funds Funds Funds 2022 2021 £ £ £ £ £ 110842 27686 4582 143110 113054 26190 3697 0 29887 30056 |
|---|---|---|
| 137032 31383 4582 172997 143110 |
||
| 0 0 172839 142895 158 215 |
||
| 172997 143110 |
||
| 0 0 3176055 2745150 0 0 0 0 1589 1731 0 0 |
||
| 3177644 2746881 |
||
| 0 0 0 0 |
||
| 0 0 |
Approved by the Kirk Session at a meeting o 21st Septemberand signed on its behalf by Name Ronald Agnew Name Jamie Harris Date 21st September 2023 Date 21st September 2023
GRANGE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 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 Accounts and Reports Regulations (Northern Ireland) 2015 to prepare its accounts on a receipts and payments basis.
FUND ACCOUNTING
Endownment funds are funds the capital of which must be retained either permanently or at the congregation's discretion; the income derived from the endownment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endownment was established in the first place.
Restricted funds comprise (a) income from endownments 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 unspend balances, interest on their pooled investment is apportioned to the 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.
2. DONATIONS AND LEGACIES
| Recorded Giving Loose Collections Donations and Gifts Gift Aid Legacies and Bequest 3. CHARITABLE ACTIVITIES Income from charitable activities Fees from wedding and Funerals Fundraising events Membership Fees Grants |
Unrestricted Restricted Endownment Total Total funds Funds Funds 2022 2021 £ £ £ £ £ 50678 13987 0 64665 57807 1645 1013 0 2658 1091 550 5127 0 5677 0 12300 2731 0 15031 13368 265 0 0 265 0 |
|---|---|
| 65438 22858 0 88296 72266 |
|
| Unrestricted Restricted Endownment Total Total funds Funds Funds 2022 2021 £ £ £ £ £ 0 43 0 43 86 20 50 0 70 120 0 0 0 0 0 0 44 0 44 88 0 0 0 0 0 |
|
| 20 137 0 157 294 |
GRANGE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022 (continued)
4. OTHER TRADING ACTIVITIES
| Letting of premises Trading Income 5. INVESTMENT INCOME Deposit Interest General Investment Fund Rents Investment properties Other investment income 6. OTHER INCOME Insurance claims Other Income 7. RAISING FUNDS Cost of FWO Envelopes Fundraising Events |
Unrestricted Restricted Endownment Total Total funds Funds Funds 2022 2021 £ £ £ £ £ 1476 0 0 1476 0 0 0 0 0 0 |
|---|---|
| 1476 0 0 1476 0 |
|
| Unrestricted Restricted Endownment Total Total funds Funds Funds 2022 2021 £ £ £ £ £ 264 1 0 265 290 35 0 0 35 34 0 0 0 0 0 0 0 0 0 0 |
|
| 299 1 0 300 324 |
|
| Unrestricted Restricted Endownment Total Total funds Funds Funds 2022 2021 £ £ £ £ £ 0 0 0 0 0 19 0 0 19 19 0 0 0 0 0 |
|
| 19 0 0 19 19 |
|
| Unrestricted Restricted Endownment Total Total funds Funds Funds 2022 2021 £ £ £ £ £ 396 0 0 396 463 0 0 0 0 0 0 0 0 0 0 |
|
| 396 0 0 396 463 |
GRANGE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022 (continued)
8. CHARITABLE ACTIVITIES
| General Assembly Assessments Presbytery Fees Ministry and Support Staff Costs Congregational running Expenses Donations to Missions and Charities Governance Costs 9. OTHER EXPENDITURE |
Unrestricted Restricted Endownment Total Total funds Funds Funds 2022 2021 £ £ £ £ £ 3847 0 0 3847 4163 198 0 0 198 248 21583 5130 0 26713 12570 14814 229 0 15043 15638 0 13960 0 13960 9971 350 0 0 350 400 0 0 0 0 0 0 0 0 0 0 |
|---|---|
| 40792 19319 0 60111 42990 |
|
| Unrestricted Restricted Endownment Total Total funds Funds Funds 2022 2021 £ £ £ £ £ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
|
| 0 0 0 0 0 |
10. FIXED ASSETS
The congregation owns the Church premises and Manse situated at Taylorstown Road, Toomebridge and the associated fixtures, fittings, plant and Machinery. These have an insurance value of £3,176,055
11. INVESTMENTS
| General Investment Fund Property Other Investments |
2022 2021 £ £ 1589 1731 0 0 0 0 |
|---|---|
| 1589 1731 |
GRANGE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022 (continued)
12. FUND BALANCES
| Fund Unrestricted Funds No1 Account Craigmore Restricted Funds No2 Account Manse Moldova Mission Presbyterian Orphan Soc Earl Haig tear fund Youth Club Bowling Club Christian Endeavour PW Sunday School Hope and a Future Recipe Book 350th Anniversary service Endownment Funds Nicholl Bequest JJ Rainey Bequest JJ Rainey Bequest - Sunday school General Investment John Montgomery Memorial Total |
Balance Receipts Payment Surplus/ Transfer Balance at start (Deficit) at end £ £ £ £ £ £ 107491 62170 36517 25653 80 133224 3351 5128 4671 457 0 3808 0 0 |
|---|---|
| 110842 67298 41188 26110 80 137032 |
|
| 12734 12753 9142 3611 89 16434 10000 0 0 0 0 10000 0 0 0 0 0 0 0 4465 4376 89 -89 0 0 1239 1239 0 0 0 0 140 140 0 0 0 2 3206 3206 0 0 2 1182 98 74 24 -80 1126 0 0 0 0 0 0 0 0 0 0 0 0 534 1195 1022 173 0 707 1209 0 120 -120 0 1089 0 0 0 0 0 0 0 0 0 0 0 0 2025 0 0 0 0 2025 |
|
| 27686 23096 19319 3777 -80 31383 |
|
| 1000 0 0 0 0 1000 1000 0 0 0 0 1000 1019 0 0 0 0 1019 1019 0 0 0 0 1019 544 0 0 0 0 544 |
|
| 4582 0 0 0 0 4582 |
|
| 143110 90394 60507 29887 0 172997 |