DERRYBRUSK CHURCH OF IRELAND RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 March 2023 Unrestricted Funds 2023 Restricted Funds 2023 Total 2023 Total 2022 Recei Donations and Plate Collections Proceed5 from Fund Raising Events Grants Investment Income Bequests 26.937 2,427 108 27,045 2.427 500 2,261 22,725 1.098 500 2.261 1,333 855 Other Receipts 1.050 390 1,440 300 Total Recelpts 32,675 998 33,673 26,311 Pa ments Diocesan C05t5/Assessment 9,748 9,748 5.594 Church & Grounds repairs Glebe/Rectory Costs Church Light & Power Water Rates Parochial Ministry Overheads Administrative Costs Fundraising Costs Charitable Donations Insurance Church Magazines Bank Charges Sundry Total Payments 1.393 2.760 3.060 81 743 45 510 838 1,380 1,393 2.760 3,060 81 743 45 I,oio 838 1,380 390 96 300 21,844 4,309 1,159 907 77 132 289 500 795 1,285 150 70 141 14,908 390 96 300 20.954 890 Excess of Recelpts over Payments for the year before transfers 11721 108 11828 11403 Transfers Excess of Receipts ovèr Payments for the year 11721 108 11828 11403 Rev Lindsey Farrell Mrs Patricia G ydon Date: DERRYBRUSK CHURCH OF IRELAND STATEMENT OF ASSETS AND LIABILITIES AS AT 31 March 2023 Unrestrlrted Funds 2023 Designated Funds 2023 Restricted Funds 2023 Total 2023 Total 2022 Cash Funds Current Accounts 45.369 108 45,477 34,464 Deposit Account 28,869 28.869 28.054 Total Cash Funds 74,238 108 74,346 62,518 Investment Assets Other Listed Investments Rental Property Investments in RCBICIT Unit Trusts 410 61,920 62,330 64.573 Total Imiestment Asset$ 410 61.920 62.330 64,573 Assets retalned for the Parish's use Church & Graveyard Note Ilb) Total assets retained for thè Parish's use Total Assets 136 676 127 091 On behalf of the Trustees Rev Lindsey Farrell Mr5 Pa ricia ydon Date: DERRYBRUSK CHURCH OF IRELAND NOTES TO THE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 March 2023 l. Accounting polictes Set out below are the principal accounting policies which have been adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Liabilities. a} Receipts and Payments Account All items of income and expenditure included within the Receipts and Payments Account have been accounted for on a cash receipts basis. b) Statement of Assets and Libilities i) The assets of the Parish, retained for its own use comprise: Church Building and Graveyard The Church Building and Graveyard are deemed to be Heritage assets as defined by the Charities SORP IFRS 1021. These Heritage asset5 are not included in the statement of assets and liabilities as information on the ¢ost of valuation is not available and such information cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the Parish. li} Investments Fixed asset investments comprising listed investments (ordinary 5hares}, investment properties and Representative Church Body IRCBI investments are intially recorded at cost and are then subsequently stated at fair value at each year end date. 2. Reconciliation of Cash Funds Total Cash Funds at Beginning of the year 62,518 Receipts for the year 33.673 Payments for the year {21.844 Total Cash Funds at end of the year DERRYBRUSK CHURCH OF IRELAND NOTES TO THE FINANCIALsfATEMENTS FOR THE YEAR ENDED 31 March 2023 3. Movement In Funds At 01.04.22 Incoming Resources Outgoing Resources Investment Gain/(Loss) At 31.03.23 Transfers Unrestricted Funds General Fund 62.958 32.675 {20.954) 131) 74,648 Restricted Fund 64,132 998 (8901 {2.2121 62.028 Total Funds 127 091 136 675 4. Collections for Third Partles Collections were made and donated to other charities but no collections were made on behalf of Third Parties 5. Transactions with the Trustees There were several small reimbur5ment5 Of expense5 incurred by Trustees through the year, These were direct reimbursments of expenses incurred and receipted. There were no other transactions with Trustees during the year ended 31st March 2023.