First Ball mone Con re ation Of The Presb terian Church In Ireland STATEMENT OF FINANCIAL ACTIVITY (RECEIPTS AND PAYMENTS ACCOUNT) FOR YEAR ENDED 31 DECEMBER 2022 NOTE UNREsTRlED RESTRIED ENDOWMENT TOTAL TOTAL FUNDS FUNDS FUNDS 2022 20ZI Receipts Donations & legacies Charitable activities Other trading activities Investment income Total receipts 133,993 1,233 674 809 136,709 46,140 3,179 689 277 50,285 180,133 4,412 1,363 1,123 187,031 187,930 1,952 37 37 1,496 191,378 Payments Raising funds Cha ritable activities Investment expenses 459 133,195 459 167,025 637 136,900 33,830 133,654 33,830 167,484 137,537 Purchase of investments Total payments 133,654 33,830 167,484 137,537 Net receipts/{paymentsl Transfers between funds Net movement in fund5 3,055 12,000) 1,055 16,455 2,037 18,492 37 (37) 19,547 53,841 19,547 53,841 Reconciliation of funds: Total funds brought forward Total funds carried forward 228,866 229.921 115,010 133,502 8,299 8,299 352,175 371,722 298,334 352,175 li 14
First Ball mone Con re ation Of The Presb terian Church In Ireland STATEMENT OF ASS5 AND LIABILITIES AS AT 31 DECEMBER 2022 UNRESTRicfEO RESTRICTED ENDOWMENT TOTAL TOYAL FUNDS FUNOS FUNDS 2,022 2021 Funds Reconciliation Total funds brought forward Net movement in funds Total funds carried forward 228,866 1,055 229,921 115,010 18,492 133,502 8,299 352,175 19,547 371.722 298,334 53,841 352,175 8,299 Bank & cash balances Bank, Building Society & cash balances 371,722 352,175 Other asset5 Fixed assets - note 9 Investments - note 10 2,360 1,262 Approved by the Kirk Session at a meeting on J1Jc4J 2023 and signed on its behalf by £i.-L Neil Robinson Dated 17 Ic411L13 Elaine Lee Dated Ai /04 IZG 15
First Ball mone Con re ation Of The Presb erian Church In Ireland NOTES TO THE ACCOUNTS 31 DECEMBER 2022 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 provision in The Charities (Accounts and Reports Regulations (Northern Ireland) 2015 to prepare its accounts on a receipts and payments basis. FUND ACCOUNTING Endowment funds are funds, the capital of which must be retained either permanently or at the congregation's discretion; the income derived from the endowment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place. Restricted funds comprise la) income from endowments which is to be expended only on the restricted purposes intended by the donor and Ibl revenue donations or grants for a specific congregational activity intended by the donor. Where these 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 are general funds set aside by the congregation for use in the future. DONATIONS & LEGACIES UNRE5TRlED RESTRicfED ENDOWMENT TOTAL 2022 TOTAL 2021 FUNDS FUNDS FUNDS Recorded giving Other collections Donations and gifts Gift Aid 95,614 919 14,926 22,534 133,993 35,958 550 1,099 8,533 46,140 131,572 1,469 16,025 31,067 180,133 122,470 9,933 33,268 22,259 187,930 16
First Ball mone Con re ation Of The Presb erian Church In Ireland NOTES TO THE ACCOUNTS 31 DECEMBER 2022 CHARITABLE ACTIVITIES UNRESTAIED AESTRICTED ENDOWMENT TOTAL TOTAL FUNDS FUNDS FUNDS 2022 2021 Organisation income Grants Sale of study books etc. Miscellaneous income 696 696 660 1,233 1,233 2,483 3,179 3,716 4,412 1,292 1,952 OTHER TRADING ACTIVITIES UNRESTRICTED RESTRIED ENDOWMENT TOTAL TOTAL FUNDS FUNDS FUNDS 2022 2021 Trading income 674 674 689 689 1,363 1,363 INVESTMENT INCOME UNRESTRICTED RESTRICTED ENDOWMENT TOTAL TOTAL FUNDS FUNDS FUNDS 2022 20ZI Bank and Building Society intere Dividend 800 277 37 1,114 1,496 809 277 37 1,123 1.496 17
First Ball mone Con re ation Of The Presb terian Church In Ireland NOTES TO THE ACCOUNTS 31 DECEMBER 2022 RAISING FUNDS UNRESTRicfEO RESTRicfED ENDOWMENT TOTAL TOTAI FUNDS FUND5 FUN05 2022 2021 FWO envelopes 459 459 459 459 637 637 CHARITABLE ACTIVITIES UNRESTRicfED RESTRIED ENDOWMENT TOTAL TOTAL FUNDS FUNDS FLINDS 2022 2021 General Assembly Assessments Presbytery fees Ministry & support stafF costs Congregational running expenses Donations to missions & charities 9,986 668 9,986 668 10.117 788 99,834 125 99,959 79,627 22,172 15,106 37,278 23,967 535 133,195 18,599 33.830 19,134 167,025 22,401 136,900 INVESTMENT EXPENSES UNRESTricfED RESTrICTED ENDOWMENT TOTAL TOTAL FUNDS FUNDS FUNDS 20ZI 1021 Investment expenses 18
First Ball mone Con re ation Of The Presb erian Church In Ireland NOTES TO THE ACCOUNTS 31 DECEMBER 2022 FIXED ASSETS The congregation owns the church premises situated at Meetinghouse Street, Ballymoney and manse situated at 87 Charlotte Street, Ballymoney, together with the associated fixtures, fittings, plant and machinery. These have an insurance value of £5,754,37312021 £5,2130681 10 INVESTMENTS The congregation has the following investments. Amounts are shown at market valuation: Z022 2021 298 Bank of Ireland Ordinary Shares 2,360 1,262 19
First Ball mone Con re ation Of The Presb erian Church In Ireland NOTES TO THE ACCOUNTS 31 DECEMBER 2022 li FUND BALANCES FUND BALANCE RECEIPTS PAVMENT5 TRANSFER SURPLU51 BALANCE AT START DEFICIT AT END Unrestricted funds General Fund General Fund IBequestl Progressive Investment Reserve Fund Progressive Bequest Fund Ulster Bank Bequest Funds Danske 8ank Bequest Deposit Fund National Savings Bequest Fund General Reserve Money Desk Fund Danske Bank Bequest Fund 67,390 5.000 66,296 1,009 16,614 72,248 309 135,909 20 294 133,654 139.9261 137.6711 20 294 11.0131 11.0091 136 166 1,013 25,177 12,929 29,719 5,020 66,590 136 166 16,750 72,414 1,322 25.177 12.929 1,013 25,000 12.926 177 General fund 228,866 136,709 133,654 12,0001 1,055 229,921 Restricted funds Sunday School Building & repair Youth pw Meeting House United Appeal World Development Appeal Harvest Appeal Ministry @ First Moderator's Ukraine Crisis Appeal Fund Mother & Toddlers (First Friends) Fund National Savings Designated Investment Fund Progre55ive BS Bequest- Ulster Bank 720 51,537 1,834 3,197 857 15 28,404 1,385 2,012 244 10.790 1,828 335 300 4,525 177 497 11,796 1.582 2,085 237 9.911 2,129 335 618 4.525 115 37 650 14451 17,258 11971 15731 11431 879 13011 275 68,795 1,637 2,624 714 899 1,091 15001 11501 20 1.392 2,000 1,682 1,682 62 62 22,393 22,393 33.060 115,010 27Q 50,285 270 18,492 33,330 133,502 33,830 2,037 Endowment funds Progressive BS 8.299 37 -37 8,299 8,299 37 1371 8,299 Total 352,175 187,031 167,484 19,547 371.722 20
First Ball mone Con re ation Of The Presb erian Church In Ireland NOTES TO THE ACCOUNTS 31 DECEMBER 2022 12 RELATED PARTY TRANSAcfioNS One of the trustees, the minister of the congregation received remuneration of £38,589 and expenses of £6,791 for acting in that capacity- Pension contributions of £9,261 were paid by the congregation in respect of the minister to the Presbyterian Church in Ireland Pension Scheme The Worship Co Ordinator, for acting in that capacity, received a remuneration of £2,295 None of the other Trustees received any remuneration or expenses during the year in connection with their duties. During the year the Congregation contributed the following amounts to the funds of the General Assembly of the Presbyterian Church in Ireland, a separate charity Congregational Assessment United Appeal World Development Moderator's Ukraine Appeal PW (Donations to PCI) 9,986 9,911 2,129 4,525 1,700 The Congregation also made payment to the Route Presbytery of £668. 21