an KILLYMURIUS CONGREGATION OF THE PRESBYTEIUAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (RF.CEiwfs AND PAYMENTS ACCOUNTS) FOR THE YEAR ENDED 31st DECEMBER 2022 Note Unrestricted Funds Restricted Funds Endowment Fullds Total 2022 Total 2021 Receipts Donalions and legacies Charitable activities Othcr trading activities Investmenl income Other income 107.739 58,092 15.093 .025 330 165,831 15,093 1,125 122 1,868 127,581 1,550 100 6,004 loo 851 868 (1,059) Total Receipts 109.558 75,540 (1.059) 184.OJ9 135.2)5 Payments Raising funds Charitable activities Other expenditure Purchase of fixed assets 740 89,790 22.333 995 740 19.208 35.786 995 680 103.212 30,453 ,005 29,418 13,453 Total Payments I l i,858 42.871 156,729 135,350 Net receipts l {pa)'menls) Transfer5 between funds (4,300) (7.350) 32.669 7.350 (1,059) 27,310 (115) Net movement in funds (11,650) 40,019 (1.059) 27.310 (115) 10
an KILLYMURRIS CONGREGATION OF THE PRESBYfEIUAN CHURCH Iri, IRELAND STATEMENT OF ASSETS AND LIABILITIES AS AT 31st DECEMBER 2022 Unrestricted Fund5 Reslrictcd Funds Endowment Funds Total Funds 2022 Total Funds 2021 Funds Reeoneiliation BanL cash and investments at start of y¢4r Net movement in fiinds (note 10) 182,987 (11.650) 17,848 40,019 46.197 (1,059) 247,032 27.310 247,147 (115) BanL c&sh and investmcnts at end of year 171,i37 57,867 45.138 274,342 247,032 Bank, Cash and Investment Balanees PCI investment accounts Bank cuent accounts 45.138 229,204 46,197 200,835 274,342 247,032 Other A55ets Fixed Assets- Note 9 Church building and contents Building of manse Church hall building5 and contents Car park and graveyard Church farm Audio visual sysiem Organ 1,482,575 430.770 776,285 20,000 6.000 19,366 19.579 1,482,575 430,770 776,285 20,000 6,000 19.366 19,579 2.754,575 20,298 2,754,575 15,494 Gift Aid receivable on donaiions 2.774,873 2,770,069 Li8bilitie5 1,710 1,680 TOTAL FUNDS AND OTHER ASSETS LESS LIABILITIES 3,047,505 3,015,421
an KILLYMURRIS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31st DECEMBER 2022 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total income of the congregation is less than £250,0(Ki the congreoaiion have elected in a¢¢ordance with the provisions in The Charities (Accounts and Reports) Regulations (Northem 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 pernianently or at the congregaiion's discretion; the income derived from the endowment is lo be used either as restricted or unrestricted income funds depending upon the purpose for which the endowmenl was established in the first place. Restricted funds comprise (a) income from endowments which is to be expended only on the restricted PUTpose5 intended by the donor and (b) revenue donations or grants for a specific congregational activity inlended by the donor. Where these funds have unspent balances. interest on their pooled investment is apportioned to the individual funds on an averng¢ 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 Funds Total 2022 Total 2021 Recorded giving- Loose collections Donations and gifts Gift Aid Organisation feeslmembeTship ,514 93,787 12.438 1.514 146,546 15,901 ,870 737 111,663 14,194 987 52,759 3.463 1.870 107.739 58.092 165,831 127,581 CHARITABLE ACTIVITIES Unrestrieted Funds Reslrieted Funds Endowment Funds Total 2022 Total 2021 Charitable activities - other 14,580 513 14.580 513 1.550 Charitablc activities - publication 15,093 15.093 1,550 12
an KILLYMURRIS CONGREGATION OF THE PRESBYfERIAN CHURCH IIN IRELAND NOTES TO THE ACCOUNTS (cont'd) INVESTMENT INCOME Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Deposit inierest Gainl{loss) on revaluation 851 330 1,181 (1.059) 1,140 4.864 (1.059) 851 330 (1.059) 122 6,004 OTHER INCOME Unrestricied Funds Restricted Funds EDdowment Funds Totsl 2022 Total 2021 Other Grant income 868 868 1,000 1.000 868 .000 1,868 RAISING FUNDS Unrestricted Funds Restricled Funds Endowment Fund5 Total 2022 Total 2021 FWO envelopes 740 740 680 740 740 680 13
an KILLYMURRIS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) CHARITABLE ACTIVITIES Unreslrieted Funds Restricted Funds Endowment Ftsnds Total 2022 Total 2021 Mtnisty and support staff costs Presbytery fees General assessments Events and catering expenses Siationery and teaching materials Publications Donations to missions and charities Congregation running costs 64,015 416 9,453 67 64,082 416 10,196 7.924 1.399 513 21,878 12,800 61,838 524 10,164 2,373 759 743 2.561 435 513 19.378 5,721 2,5 7.079 20.188 7,366 89,790 29.418 119,208 103,212 OTHER EXPENDITURE Unrestricted Funds Restricted Funds Endowment Funds Totgl 2022 Total 2021 Governance costs Repairs and mainlenance Uiililies 2,116 2,734 17.483 103 13,350 2,219 16,084 17.483 2.026 17,167 11,260 22.333 13,453 35.786 30,453 FIXED ASSETS The congregation owns the Church building, Chuwh hall and Church manse situated at 175, Dunminning Road, BallyTnena. B T44 9PW and the associated fixlures, fittiTtgs and equipment. Details of historical cosis of the above assets are not available. This being the case these conrinue to be included in the accounts at their combined insurance value as ai 3 1st December 2017 of £2.754.575. As all of the assets are maintained in good order the Trustees believe that the current estimated residual value is not less than the carrying value and that the remaining useful life of the buildings currently exceeds 50 years. On this b&sis no depreciation has been provided on ihese assets. The Trustees have agreed that any fixed asset addition with a value of less than £2.51KI does not need to be shown as an asset and will simply be written off as expenditure in the year of purchase. 14
an KILLYMURRIS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTF.S TO THE ACCOUNTS {eont'd) 10. FUND BALANCES Fund Balance at start Rffeipts Payments Surplus I (deficit) Transfer Balance at end Unrestricted Fund5 Gen¢ral Account Repair5 Account 17?,987 i 0.000 109.558 113,858 (4.300) (7,350) 161,337 10,000 182,987 109.558 113,858 (4,300) (7.350) 171,337 Restricted Funds General Account Graveyard Account Repairs Account Sunday School Account Pr¢sbytcrian Woman Accounl Live Wire A¢couni Girls Brigade Account Happy Tols Accouni Carnlea Bowling Account Glarryford Bowling Accounl Bible and Prayer Account Chipmunks Account 21,789 8.952 36.605 306 972 2,276 2,913 18,430 7.016 7,859 1.524 1.517 2,204 3.817 24 3,359 1.936 28.746 (1,218) (545) 72 (904) (24) 3,359 7,608 34,726 638 ,322 ,923 1.016 1,510 1,514 ,536 2.207 508 672 5,980 856 1.867 351 1.920 1,534 1,514 1.932 917 305 5.000 1,000 ,500 248 (246) 1.290 203 (150) 1.290 435 232 17,848 75,540 42.871 32,669 7,350 57,867 Endowment Funds National Saving5 1 account National Saving5 2 accouni National Savings 3 accounl Bequests a¢¢ount 2.064 856 619 42.658 2,066 857 620 41,595 (1.063) (1.063) 46,197 (1.059) (1,059) 45,138 Total 247.032 184,039 156,729 27.310 274,342 15