an DERVOCK CONGREGATION OF THE PRES8YfERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL AcfiviTY (Receipts and Payments Account) For the year ended 31 Decembèr 2023 Note Unrestrlrted Funds Restrlcted Fund5 Éfidowment Fund5 Total Funds 2023 Total Funds 2022 Income and Endowments from: Donatlons and legacles Charitable attivities Other trading actlvltles Investments other Total 78.213 3,379 20,608 4.604 98,821 7,983 101,507 4,893 1.164 440 83,196 6.221 7.385 440 114.629 7,019 420 113.839 31.433 ExpÈndlturÈ on: Raising funds Charitsble actlvlties Other Total 12861 188,1251 1286} 1100,9371 19761 1102,1991 12,430 12531 {102,0841 11,7451 {104,0821 9,757 {12,812) 19761 {13,7881 17.645 302 17,947 {88.4111 15.2151 302 15.5171 Net Incomellexpenditurel Transfers between fund5 Net movement in funds 12,430 9,757 Reconclllatlon of funds: Total funds brought forward io 77.187 137.334 218.000 432,521 422,764 Total funds carried forward io 71.670 155.281 218,000 444,951 432.521
Presbyter an i¢&w DERVOCK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LI91LITIEs As at 31 December 2023 Fixed Assets The congregatlon owns the church prem15es and rnanse situated at Camcullagh Road. Dervock and the associated fixtures and flttlngs. These have a valuation of £2.014,996. Investments At the end of the year thÈ value of the investments held wlth the PCI General Investment Fund amounted to £340,862. Amounts owed At the end of the year the following amounts were owed to the ¢ongregatlon. 2023 2022 Glft Ald 11,858 11.858 11.802 11,802 Cash and bank b•lance$ 2023 2022 General Account Bullding and Developrnent Account Mlsslonary Account Presbyterlan Women Account Shine Chlldren's Group Sunday School Account Wednesday Fellowship Club Youth Club Account Totsl 82,207 16,921 83,737 22,109 2,359 276 1,087 78 1,473 104,408 978 296 1,116 123 786 109.152 Amounts owed 2023 2022 Ulster Bank Loan Accountancy 3,483 1,200 4,683 20,656 960 21,616 Approved on behalf of the Klrk Session on l May 2024 and slgned by John Sur8enor Rev Campbell Mul¥enny Trustee Trustee
an DERVOCK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO ThE ACCOUNTS 31 December 2023 ACCOUNTIN6 POLICIES BASIS OF FINANCIAL STATEMENTS As the total income ot the congregation Is less than É250.0(Kl the congregation have elected In accordance wlth the provlslons in The Charitles Accounts and RÈports Regulatlons {Northein Ireland) 2015 to prepare Its accounts on a recelpts and payments basls. FUND ACCOUNnNG Endowment fLtnd5 are funds. the capltal of which must be retalned elther permanently or at the congregatlon's dlscretlon,. the Income derived from the endowment Is to be used either as restrlcted or unrestrlcted Income funds dependlng upon the purpose for whlch the endowment was estsblished In the flrst place. Restrlcted funds tompr15e lal Income from endowments which Is to be expended only on the restYScted purposes intènded by thè donor and Ibl revenue donatlons or grants for a speclflc congregational artlvity Intended by the donor. Where these funds have unspent balances, interest on thelr pooled investment Is apportioned to the indivldual funds on an average basis. Unrestrlcted funds are Income funds which are to be spent on the congregatlon'5 general purposes. Deslgnated fvnds are general funds set aside by the congregation for use In the future. DONATIONS AND LEGACIES Unre$trirted Fund5 Restrlcted Funds Endowment Fund$ Total Funds ZOZ3 Total Fund5 2022 Recorded 8ivings Loose collections Donations and glfts Glft Ald Legacles and Bequests 66,026 504 2,299 9,384 14.880 1.243 1.877 80.906 1,747 4.176 11.992 81.708 1,601 4.019 11.514 2,665 101,507 78,213 20.608 98.821 CHARITABLE ACTMTIES Unrestrlrted Funds Restrlcted Funds Endowment Funds Total Funds 2023 Total Funds 2022 Income from charitable attivitie5 Grants 3.379 4,604 7,983 2,893 2,000 4.893 3.379 4,604 7.983 10
an DERVOCK CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS [Cont'd} OTHER TRADING AcllviTIES Unrestrlrted Funds Restrlcted Funds Endowment Funds Totsl Funds 2023 Total Funds 2022 Fundralslng events Lettlng of premises INVESTMEpifs Unrestrl¢ted Funds Restrlcted Funds Endowment Fun(ts Total Funds 2023 Total Funds 202Z Bank interest recelved Dlvidends recefved from invÈstments 702 462 33 6,188 735 6,650 113 6,906 1,164 6,221 7,385 7,019 OTHER INCOME Unr•stricted Funds Restrlrted Funds Endowrnent Funds Total Funds 2023 Total Fund5 2022 other Income 440 440 420 420 RAISING FUND5 Unrestrlcted Funds Restrfcted Funds Endowment Funds Totil Fund$ Z023 Total Funds 2022 FWO envelope5 286 286 253 253 286 CHARITABLE AcfiviTES Unrestricted Funds Restrlctèd Fund5 Endowrnent Fund$ Total Funds 2023 Total Funds 2022 General Assembly A55essments Presbytery fees Minlstry and support5tsff costs Congregational runnlng expenses Donatlon5 to m155lons and charitles Governance costs 8,063 533 57,189 17.268 3.835 1,237 88,125 8,063 533 57,189 20,485 13,348 1,319 100,937 6,674 464 54.208 25,646 13.788 1,304 102,084 3.217 9.513 82 12,812 11
an DERVOCK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS Iconvdl OTHER EXPENDITURE Unrestrlcted Funds Restricted Funds Endowment Fund5 Total Funds 2023 Total Fund5 2022 Loan Interest 976 976 976 1,745 1.745 976 10. FUND BALANCES Unrestrlcted Funds 2023 2022 General fund 71,670 71,670 77.187 77,187 Restrlrted Funds 2023 2021 Building repalrs and maintenance fund M155lonary Fund Unlted Appéal New Kitchen Fund M1s51on Focus Presbyterlan Women Shlne Children's Group Sunday School Tear Fund Wednesday Fellowshlp Youth Club 133,825 118,388 1,691 14,407 1,159 14,407 2.434 276 1,086 1,053 296 1.115 78 1.474 155,281 123 786 137,334 Endowment Funds 2023 2022 Endowment fund 218,000 218,000 218,000 218,000 12
an DERVOCK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {ConYdl 10. FUND 8ALANCES Iconvd) Rewnciliation of movement of funds Openlns balan In¢ome EXpenrtUre Transfer Closln8 balance Unrèstrlttèd Funds General fund 77,187 77,187 83.196 83.196 188,4111 188,4111 1302) 1302} 71,670 71,670 Restrf¢ted Fund$ Buildin6. repèlrs, and rnalntenance fund Missionary Fund Unlted Appeal New Kitchen Fund Mission Focus Presbyterian Women Shlne Chlldren's Group Sunday School Tear Fund Wednesday Fellowshlp Youth Club 118,388 16.445 11.0081 133,825 1,159 14,407 7.231 16.6991 1,691 14,407 653 2,817 377 16531 11,1361 12971 11.6371 18851 12851 11,1881 (13.7881 1,053 296 1.115 13001 iiooi 762 2,434 276 1,086 123 786 137,334 300 1,876 31,433 1601 78 1,474 155,281 302 Endowment Funds Endowment Fund 218,(knJ 218,Crf)O 218,000 218,000 Total 432,521 114,629 1102,1991 444,951 13