an HARRYVILLE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL AcfiviTY IReceipts and Payments Account) for the year ended 31 December 2023 Note Unrestrlcted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 Receipts Donations and legacies Other trading activities Investment Income Other 169,502 560 1,509 150 48,607 218,109 560 3,574 6,257 239.345 660 431 6,002 2,065 6,107 171,721 56,779 228,500 246,438 Sale of Investments Sale of fixed assets Loans Received Total Receipts 171,721 56,779 228,500 246,438 Payments Raising funds Charitable activities Investment costs Other 995 115,593 995 157,820 995 167,185 42,227 16,872 21,259 38,131 35,982 133,460 63,486 196,946 204,162 Purchase of Investments Purchase of fixed assets Loan Repayments Total Payments 133,460 63,486 196,946 204,162 Net receipts / {payments) Transfers between funds 38,261 16,937} {6,707) 6,937 31,554 42,276 Net movement in funds Funds brought fonvard 31,324 128,187 230 214,923 31,554 343,110 42,276 300,834 Funds carried fonNard li 159,511 215,153 374,664 343,110 13
an HARRYVILLE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2023 Unrestricted Funds Restricted Funds Endowment Total Funds Total Funds Funds 2023 2022 Funds Reconciliatlon Bank and Cash at start of year Net movement in funds 128,187 31,324 214,923 230 343,110 31.554 300,834 42.276 Bank and Cash at end of year 159,511 215,153 374,554 343,110 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Organisations 200,000 136,789 37,875 303,593 39,517 374.664 343,110 th Approved by the Kirk Session at a meeting on 26 March 2024 and signed on its behalf by: 26th March 2024 26th March 2024 14
Presbyter an HARRYVILLE CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 Dember 2023 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total income of the congregation is less than £250,OOOthe 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 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 (a) income from endowments 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 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 UnrestrFcted Funds Restrlcted Funds Endowment Funds Total 2023 Total 2022 Recorded giving: Loose collections Specified Donations and gifts Gift Aid Legacies and bequest 135,592 943 8,224 23.743 1,000 41,438 177,030 943 8.224 30,912 1,000 171,818 664 19,308 31,082 16,473 7,169 169,502 48,607 218,109 239,345 15
Presbyter an HARRYVILLE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2023 3. OTHER TRADING ACTIVITIES Unrestricted Funds Restrirted Funds Endowment Funds Total 2023 Total 2022 Letting of premises Trading income 560 560 660 560 560 660 4. INVESTMENT INCOME Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 Deposit interest 1,509 2,065 3,574 431 1,509 2,065 3,574 431 16
an HARRYVILLE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2023 OTHER INCOME Unrestrlcted Funds Restricted Funds Endowment Funds Totsl 2023 Total 2022 Insurance claim5 Other income 150 6.107 6,257 6.002 150 6,107 6,257 6,002 RAISING FUNDS Unrestrlcted Funds Restrirted Funds Endowment Funds Total 2023 Total 2022 FWO envelopes Fundraising events 995 995 995 995 995 995 CHARITABLE ACTIVITIES Unrestricted Funds Restrlcted Funds Endowment Funds Total 2023 Total 2022 General Assembly Assessments Presbytery fees Ministry and sUPPOrt staff costs Congregational running expenses Donations to Missions and charities Governance costs 15,473 681 90,925 3,267 100 5,147 15,473 681 90,925 3,267 27,372 20,102 25.556 718 78,915 3,300 40,043 18,653 27,272 14,955 115,593 42.227 157,820 167,185 17
an HARRYVILLE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS l¢onVd) 31 December 2023 OTHER EXPENDITURE Unrestricted Funds Restrlcted Funds Endowment Funds Total 2023 Total 2022 Properties expenses Other 16,872 21,259 38,131 35,982 16,872 21.259 38,131 35,982 FIXED ASSErs The congregation owns the Church & Church Hall premises situated at Casement Street and the associated 10. INVESTMENTS The congregation has no investments with either the Presbyterian Church in Ireland or any investment institution (2022: £nil) 18
Presbyter an HARRYVILLE CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (convd) 31 December 2023 11. FUND BALANCES Fund Balance at start Rece5pts Payment Surplus / (Deficlt) Transfer Balance at end Unrestricted Funds General Fund 128,187 171,721 133,460 38,261 (6,937) 159,511 128,187 171,721 133,460 38,261 (6,937) 159,511 Restrlcted Funds Property/Building Fund United Appeal General Mtssion Fund Serve Harryville Organisational Other 161,943 23,378 21,507 12,672 14,620 1,871 163,814 (12,672) 12,672 13,053 410 39,517 27,289 (3) 13,050 414 37,875 6,107 14,686 {8,579) 6,937 214,923 56,779 63,486 {6,707) 6,937 215,153 Endowment Funds Total 343,110 228,500 196,946 31,554 374,664 19