an KILLYMURRIS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (RF.CF.IPTS AND PAYMENTS ACCOUINTS) FOR THE YEAR EINDED 31st DECEMBER 2023 Note Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Totsl 2022 Receipts Donalions and legacies Charitable activities Other trading activities Investmeni income Other income 116.144 84.370 27,616 200,514 27.616 300 5,041 3,596 165,831 15,093 1,125 122 1.868 300 928 321 3,596 3.792 Total Receipts 117.)72 115,903 3.792 237,067 184,039 P2yments Raising funds Charitable aetivilies Other expenditure Purchase of fixed assets Renovation costs 790 93,192 20.192 460 1,297 2,087 1 ?4.506 40.470 460 18,901 740 119,208 35,786 995 20.278 18,901 Tot81 Payments 114.634 71.790 186.424 156.729 Net receipls / (payments) Trdnsfers between funds 2.738 (1,350) 44,113 1,350 3.792 50,643 27.310 Net movement in funds 1.388 45,463 3,792 50,643 27,310 10
an KILLYMURRIS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES AS AT 31st DECEMBER 2023 Unrestricted Funds Restrieted Funds Endowment Funds Totsl Funds 2023 Total Funds 2022 Funds Reconciliation Bank. cash and investmcnts at start of year Net movement in funds (note 10) 171,337 57,867 45,463 274.342 50.643 247,032 27,310 3.792 Bank. c&sh and invesiments end of ytrdr 172,725 l Oi.330 48.930 324,985 274,342 B2nK Cash and Investment Balances PCI investment accounts Bank current accounts 48,930 276,055 45,138 229,204 324,985 274,342 Other Assets Fixed Assets- Nole 9 Chur¢h building and contents Building of manse Church hall buildings and contents Car park and graveyard Church fann 1.966,062 535,368 1.029,294 20.000 6.000 1.521,520 430,770 776,285 20,000 6,000 3.556.724 26,683 2.754,575 20,298 Gift Aid receivable on donaiions 3,583,407 2,774,873 Liabilities 1,740 1.710 TOTAL FUNDS AND OTHER ASSETS LESS LIABILITIES 3,906.652 3,047,505
an KILLYMURRIS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31st DECEMBER 2023 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the tothl income of the congregation is less than £250,0(X) the congregation have elected in accordance with the provisions in The Charities (Accounts and Reports) Regulations (Northem Ireland) 2015 to prepare its accouT]ts on a receipts and payments basis. FUND ACCOUNTING Endowment funds are funds, the capitsl of whi¢h musi be rethined eiiher pernianently or at the congregalion's discretion; the income derived from the endowment is to be used either as restricted or unrestricted incom¢ funds depending upon the purpose for which the endowment was established in the fwst place. Restricted fijnds comprise (a) income from endowments which is be expended only on the restricted purposes intended by the donor and (b) rev¢T)ue donations or grants for a specific Congregational activity intended by the donor. Where these funds have unspent balances, interest on their pooled invesDnent is apportioned to the individual funds on an averdge balance basis. Unrestricted funds are income fijnds which are lo be speni on the congregation's general PUTposes. Designated funds are general funds sei aside by the congregation for use in the fuwre. DONATIONS AND LEGACIES Unrestricted FuDd5 Reslrict¢d Funds Endowment Funds Total 2023 Total 2022 Recorded giving.. Loose collections Donations and gifts Gift Aid Organisation feeslmembership 3,416 98,409 14.319 3,416 174,4J9 21,047 1,612 1.514 146,546 15,901 1.870 76,030 6.728 1,612 116,144 84,370 200,514 165,831 CHARITABLE ACTIVITIES Unrestricted Funds Restrieted Funds Endowment Funds Total 2023 Total 2022 Charitable activities - oiher Charitable acliyilics - publication 27,002 614 27.002 614 14,580 513 27,616 27,616 15,093 12
an KILLYMURRIS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) INVESTMENT INCOME UDrestricted Funds Restricted Funds EndoiTrment Funds Total 2023 TotAI 2022 Deposit inieresl GaiD/(loss) on revaluation 928 321 27 3,765 1,276 3,765 1,181 (1,059) 928 321 3,792 5,041 122 OTHER INCOME Unre5trieted Funds Restricted Funds Endowment Funds Total 2023 Totsl 2022 Other Grant income 543 3,053 543 3,053 868 1,000 3,596 3.596 1,868 RAISING FUNDS Unrestricted Funds Restrieted Funds F.ndowment Fund5 Total 2023 Total 2022 FWO envelopes Fundraising expenses 790 790 1.297 740 1.297 790 1,297 2.087 740 13
an KILLYMURRIS CONGREGATION OF THE PRESBYfEIUAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) CHARITABLE ACTIVITIES Unre51rieted Funds Reslricted Funds EndoH"ment Funds Total 2023 Total 2022 Ministry and support staff costs Presbery fees General assessments Events and catering expenses Stationery and teaching materials Publications Donations to missions and charities Congregation running COSLS 69,548 428 10,106 i,105 610 608 70,156 428 10.759 9.293 1.255 610 16.880 15,125 64,082 416 10,196 7,924 1.399 513 21,878 12,800 653 6,188 645 610 16.880 5,730 9,395 9i,192 31,314 124,506 119,208 OTHER EXPENDITURE Unrestricted FuDds Restricted Funds Endowment Funds Total 2023 Tolal 2022 Governance costs Repairs and maintenance Utilities 2,193 2.133 15.866 157 20,121 2,350 22,254 15.866 2,219 16,084 17,483 20,192 20.278 40,770 35,786 FIXF.D ASSF.TS The congregation owns the Church building. Church hall and Church manse situated ai 175, Dunrninning Road. Ballymena, B T44 9PW and the associated fixlures. fittings and equipmenL All of the above assets are included in the Siatement of Assets and Liabilities at their curreni insurance valuation Any fixed assets purchased for use by the charity have been capithlised if they can be used for more ihan one year and cost at least £2,500. They are valued al cost or. if gifted, at the value to the charity on receipt. The Truslees have agreed that any fixed asset addition with a value of less than £2,500 does not need to be shown as an asset and will simply be written off as expendiiure in the year of purchase. This 15 reviewed on annual b&sis by the Trusiees. 14
an KILLYMURRIS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {eont'd) io. FUND BALANCES Fund Balance al start Reeeipts Payments (iurplus / (deficit) Transfer Balance at end UDrestricted Funds General Account Repairs Account 161.337 10,0 117.372 114,634 2,738 (1,350) 162,725 10,000 171.337 117,372 14.634 2,738 (1,350) 172,725 Restricted Funds General Account Grnveyard Account Repairs Account Sunday School Account Presbyierian Woman Account Live Wire Account Girls Brigade Account Happy 'l'ots Account Carnlea Bowling Account Glaryford Bowling Account Bible and Prayer Account Chipmunks Account Young Adults Group 3.359 7,608 34,726 638 1,322 1,923 1,016 1,510 1.514 ,536 2.207 508 15,340 6.714 75,308 414 2.024 4,469 7,797 15.328 6,760 33.085 1,472 2,525 3,906 5.333 30 12 (46) 42,223 (1,058) (501) 563 2,464 (30) 3,371 7,562 78,204 1,080 821 1,686 3.480 1,480 1,517 1,522 1,729 595 283 ,255 1,500 (800) 402 1.522 76? 1,148 266 136 (478) 542 283 (150) 220 865 (455) 57.867 115,903 71.790 44,113 1,350 103.330 F.ndowmenl Funds National Savings l aeeouni National Savings 2 account National Savings 3 account Bequests account 2.066 857 620 41,595 16 16 2,082 863 625 45,360 3.765 3,765 45,138 3.792 3.792 48,930 Total 274.342 237.067 186,424 50.643 324,985 15