Presbyter an HARRYVILLE CONGREGATION OF THE PRES8ERlAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2022 Note Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Receipts Donations and legacies Charita ble activities Other trading activities Investment Income Other 194,330 45,015 239,345 207,619 660 153 179 660 431 6,002 278 5,823 188 7,934 195,322 51,116 246,438 Sale of Investments Sa le of fixed assets Loans Received 215,741 Total Receipts 195,322 51,116 246,438 215,741 Payments Raising funds Charitable activities Investment costs Other 995 124,777 995 167,185 1,126 157,164 42,408 24,542 11,440 35,982 16,345 150,314 53,848 204,162 174,634 Purchase of Investments Purchase of fixed assets Loan Repayments Total Payments 150,314 53,848 204,162 174,634 Net receipts / (payments) Transfers between funds 45,008 111,554) 12,732) 11,554 42,276 41,107 Net movement in funds Funds brought forward 33,454 94,733 8,822 206,101 42,276 300,834 41,107 259,727 Funds carried forward 12 128,187 214,923 343,110 300,834 13
an HARRYVILLE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2022 Unrestricted Funds Restricted Funds Endowment Total Funds Total Funds Funds 2022 2021 Funds Reconciliation Bank and Cash at start of year Net movement in funds 94,733 33,454 206,101 8,822 300,834 42,276 259,727 41,107 Bank and Cash at end of year 128,187 214,923 343,110 300,834 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Organisations 303,593 39,517 266,208 34,626 343,110 300,834 Other Assets Fixed Assets- Note 10 Church Premises Flxtures, Fittings & Equipment Vehicles Investments- Note 11 Gift Aid receivable on donations LiabilltSes Loans Other 343,110 300,834 Approved by the Kirk Session at a meeting on 23rd May 2023 and signed on its behalf by: Signed Si8ned 23, May 2023 rd 23 May 2023 14
Presbyter an HARRYVILLE CONGREGATION OF THE PRESBYTERIAN 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 provisions 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 whlch 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 f irst place. Restricted funds comprise (a) 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 AND LEGACIES Unrestricted Funds Restricted Funds Endowment Fund5 Total 2022 Total 2021 Recorded giving: Loose collections Specified Donations a nd gifts Gift Aid Legacies and bequest 133,646 664 19,308 24,239 16,473 38,172 171,818 664 19,308 31,082 16,473 174,539 1,109 6,315 25,656 6,843 194,330 45,015 239,345 207,619 15
an HARRYVILLE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2022 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Income f rom charitable activities Fees from weddings and funerals Fundraising events Membership fees Grants 4. OTHER TRADING ACTIVITIES Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Letting of premises Trading income 660 660 660 660 INVESTMENT INCOME Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Deposit interest General Investment Fund Rents investment properties Other investment income 153 278 431 188 153 278 431 188 16
an HARRYVILLE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 OTHER INCOME Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 I nsurance claims Other income 179 5,823 6,002 7,934 179 5,823 6,002 7,934 RAISING FUNDS Unrestrlcted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 FWO envelopes Fundraising events 995 995 1,126 995 995 1,126 CHARITABLE ACTIVITIES Unrestrlcted Funds Restrlcted Funds Endowment Funds Total 2022 Total 2021 General Assembly Assessments Presbytery fees M inSstry and support staff costs Congregational running expenses Donations to Missions and charities Governance costs 25,556 718 78,915 2,976 10,445 6,167 25,556 718 78,915 3,300 40,043 18,653 24,382 791 76,282 6,197 28,087 21,425 324 29,598 12,486 124,777 42,408 167,185 157,164 17
Presbyter an HARRYVILLE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {cont'd) 31 December 2022 OTHER EXPENDITURE Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Properties expenses Other 24,542 11,440 35,982 16,345 24,542 11,440 35,982 16,345 10. FIXED ASSETS The congregation owns the Church & Church Hall premises situated at Casement Street and the associated fixtures, fittings, plant and machinery. These have an Insurance value of £3,135,916 at last renewal date. The Manse buildings have an insurance value of £605,603. 11. INVESTMENTS The congregation has the following investments. Amounts are shown at market valuation. 2022 2021 General Investment Fund Property Other investments 18
an HARRYVILLE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 12. FUND BALANCES Fund Balance at start Receipts Payment Surplus / (Deficit) Transfer Balance at end Unrestricted Funds General Fund 94,733 195,322 150,314 45,008 111,554) 128,187 94,733 195,322 150,314 45,008 111,554) 128,187 Restricted Funds Property/Building Fund United Appeal General Mission Fund Serve Harryville Organisational Other 153,823 19,850 11,730 12,198 17,433 8,120 161,943 112,1981 12,198 17,243 410 34,625 25,441 (4,1901 13,053 410 39,517 5,823 12,485 (6,6621 11554 206,101 51,114 53,846 12,7321 11,554 214,923 Endowment Funds Total 300,834 246,436 204,160 42,276 343,110 19