an ROSEYARDS CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF IRELAND STATEMENT OF FINANCIAL AcfiviTY (Receipts and Payments Account) for the year ended 31 December 2023 Unrestricted Restricted Endowment Funds Funds Funds Total 2023 Total 2022 Note Recelpts Donations and legacies Charitable activities Other trading activities Investment Income Other 85,174 45,605 130,779 121,232 1,908 1,908 87,082 45,605 132,687 121,232 Sale of Investments Sale of fixed a55ets Loans Received Total Receipts 87,082 45,605 132,687 121,232 Payments Raising funds Charitable activities Investment costs Other 88,171 36,672 124,843 131,010 88,171 36,672 124,843 131,010 Purchase of Investments Purchase of fixed assets Loan Repayments Total Payments 88,171 36,672 124,843 131,010 Net receipt5 1 (payments) Transfers between funds Net movement in funds Funds brought forward Funds carried forward -1,089 22 8,933 -22 7,844 -9,778 -1,067 14,922 13,855 8,911 109,974 118,885 7,844 124,896 132,740 -9,778 134,674 124,896 131 Page
an ROSEYARDS CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF ASSEfs AND LIABILITIES As at 31 December 2023 Unrestrirted Funds Restricted Endowment Fund5 Funds Total Funds 2023 Total Funds 2022 Funds Reconciliation Bank and Cash at start of year Net movement in funds 14,922 -1,067 109,974 8,911 124,896 7,844 134,674 9,778 Bank and Cash at end of year 13,855 118,885 132,740 124,896 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 118,885 13,855 109,974 14,922 132,740 124,896 Other A55et5 Fixed Assets - Note 7 Church Buildings & Contents Hall Buildings & Contents Manse Buildings & Contents Store & Contents Investments - Note 8 Gift Aid receivable on donations 1,776,154 1,776,154 1,201,587 1,201,587 412,391 412,391 30,594 30,594 107,270 104,309 19,936 22,492 3,547,932 3,547,527 Liabilities Loans Other th Approved by the Kirk Session at a meeting on 27 October 2024 and signed on its behalf by Rev Mark Jones Mrjames Dunlop tLq~¥ • th 27 October 2024 27th October 2024 141 Page
an ROSEYARDS CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF IRELAND NOTES TO THE ACCOUNTS for the year ended 31 December 2023 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. FUNDACCOUNTING 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 (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 Unrestricted Funds Restricted Endowment Funds Fund5 Total 2023 Total 2022 Recorded giving: Loose collections Donations and gifts Gift Aid Legacies and bequest 65,850 45,605 111,455 105,627 270 17,401 17,401 15,335 85,174 45,605 130,779 121,232 151 Page
an ROSEYARDS CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF IRELAND NOTES TO THE ACCOUNTS for the year ended 31 December 2023 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Endowment Funds Fund5 Total 2023 Total 2022 Income from charitable activities: Fees from weddings and funerals Fundraising events Membership fees Grants OTHER TRADING AcfiviTIES Unrestricted Fund5 Restricted Endowment Funds Funds Total 2023 Total 2022 Income from charitable activities: Letting of premises Trading income INVESTMENT INCOME Unrestricted Funds Restricted Endowment Funds Funds Total 2023 Total 2022 Deposit interest General Investment Fund Rents investment properties Other investment income 1,908 1,908 1,908 1,908 161 Page
an ROSEYARDS CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF IRELAND NOTES TO THE ACCOUNTS for the year ended 31 December 2023 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Endowment Funds Funds Total 2023 Total 2022 General Assembly Assess Presbytery fees Ministry and support staff costs Congregational running expenses Donations to Missions and cha rities Governance costs 16,111 16,111 15,132 559 46,937 43,568 25,123 23,347 36,672 48,404 46,937 25,123 36,672 88,171 36,672 0 124,843 131,010 FIXED ASSETS The congregation owns the Church premises situated at 114 Kirk Road, Roseyards, Ballymoney, BT53 8HH and the associated fixtures, fittings, plant and machinery. These have an insurance value of £3,420,726 at last renewal date. INVESTMENTS The congregation has the following investments. Amount5 are shown at market valuation. 2023 2022 General Investment Fund Property Other investments 107,270 104,309 107,270 104,309 171 Page
an 9. FUND BALANCES Sur Balance at start Recei Balance at End Fund Deficit ments Transfer Unrestricted Funds General Fund General Fund- Gift Aid Investments 14,922 87,082 88,171 -1,089 -22 13,855 104,309 119,231 3,823 90,905 862 2,961 1,872 0 107,270 -22 121,125 89,033 Restricted Funds PropertY/Building Fund United Appeal World Development Orphan Fund Moderators Appeal Stand by Me Pulmonary Fibrosis GB188 Enrollment Candlelight Service Wider World Publications Playgroup Boys Brigade Girls Brigade Sunday School Club pw Pots of Clay Social Committee Saltshakers Mens Breakfast Graveyard Account 97,664 12,123 6,164 1,615 530 2,496 7,692 1,615 530 4,834 1,552 1,242 292 736 196 9,627 -1,528 -250 107,541 -1,528 430 4,404 1,552 1,242 292 736 196 -430 -60 390 360 30 -30 206 4,367 4,006 802 258 698 206 4,643 8,254 39 3,132 289 4,730 8,007 318 2,905 495 -87 4,280 4,253 523 247 -279 227 485 492 103 214 260 562 -206 103 214 729 472 561 109,974 45,605 229,205 136,510 36,672 125,705 7,605 9,477 22 118,885 0 240,010 181 Page