CAIRNALBANACONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL AcfiviTY {Recelpts and Paments Account) for the year ended 31st December 2022 Note Unrestrlcted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Recei Donations and legacies Cha ritable activities Other trading activities Investment Income Other 37,706 15,938 2,863 16,250 38 53,644 2,863 16,250 222 1,080 74,058 42,048 15,900 321 347 58.616 161 1,080 38.947 24 35,088 24 Sale of investments Sale of fixed assets Loans received otal Recei ts 38,947 35,088 24 74,058 58,616 ments Raising funds Charitable activities I nvestment costs Other 606 42,323 606 72,409 583 49,893 30,062 24 42,929 30,062 24 73,015 50,476 Purchase of investments Purchase of fixed a55ets Loan repayments 42,929 30,062 24 73,015 50,476 Net receipts / Ipayment51 Transfer between funds 13,9821 5,026 1,044 8,140 Net movement in funds Funds brought forward 13,9821 62,905 5,026 155,631 1,044 234,239 8,140 226,099 15,703 Funds carried forward 12 58,922 160,657 15,703 235,283 234,239
CAIRNALBANA CONGREGATION OF THE PREsBYfERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITY As at 31st December 2022 Unrestricted Funds Restricted Funds Endowment Funds Total Funds 2022 Total Funds 2021 Funds reconciliation Funds balance at start of year Net movement in funds 62,905 13,9821 155,631 5,026 15,703 234,239 1,044 226,099 8,140 Funds balance at end of year 58,922 160,657 15,703 235,283 234,239 Bank and Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 219,579 218,536 219.579 218,536 Other Assets Fixed Assets - Note 10 Investments- Note 11 Gift Aid receivable on donations 15,703 8,473 15,703 7,613 24,176 23,316 Approved by the Kirk Session at a meeting on a nd signed on its beha If by: Trustee Trustee
CAIRNAIBANA CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31st De¢ember 2022 I. 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 Cha rities (Acounts and Reports Regulations (Northern Ireland) 2015 to prepare its accounts on a receipts and payments bas15. FUND ACCOUNTING Endowment funds are funds, the capita l of which must be reta ined 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 wa5 esta blished in the first place. Restricted funds comprise lal income from endowments which is to expended only on the restricted purposes intended by the donor and Ibl revenue donations or grants for a speciflc congregational activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment is a pportioned 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 genera I funds set aside by the congregation for use in the future. 2. DONATIONS AND LEGACIES Unrestricted Funds Restrlcted Funds Endowment Fund5 Total Funds 2022 Total Funds 2021 Recorded giving Loose collectlons Donations and gifts Gift Aid Legacies and bequests 29,374 1,161 1,172 5,999 8,019 5,962 343 1,613 37,393 7,123 1,515 7,612 38,746 444 2,858 Tota I 37,706 15,938 53,644 42,048
CAIRNALBANA CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'dl 31st December 2022 3. CHARITABLE AcfiviTIES Unrestricted Funds Restricted Funds Endowment Funds Total Funds 2022 Total Funds 2021 I ncome from charitable activities Fees from wedding5 and funerals Fundraising events Membership fees Grants received 2,863 2,863 Total 2,863 2,863 4. OTHER TRADING AcfiviTIES Unre5trlcted Funds Restricted Funds Endowment Funds Total Funds 2022 Total Funds 2021 Letting of premises Trading income 16,250 16,250 15,900 Total 16,250 16,250 15,900 5. INVESTMENT INCOME Unre5trlcted Funds Restricted Funds Endowment Funds Total Funds 2022 Total Fund5 2021 Deposit interest General Investment Fund Rents investment properties Other investment income 161 38 24 222 321 Total 161 38 24 222 321
CAIRNALBANA CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {cont'd) 31st December 2022 6. OTHER INCOME Unrestricted Fund5 Restrlcted Funds Endowment Funds Total Funds 2022 Total Funds 2021 Insurance claims Other income 1,080 1,080 347 Tota I 1,080 1,080 347 7. RAISING FUNDS Unrestricted Fund5 Restricted Funds Endowment Funds Total Funds 2022 Total Funds 2021 FWO envelopes Fundraising events 606 606 583 Total 606 606 583 8. CHARITABLE AcfiviTIES Unrestricted Fund5 Restrlcted Funds Endowment Fund5 Total Funds 2022 Total Funds 2021 General A55emblyA55essments Presbytery Fees Ministry a r)d support staff costs Congregational running expenses Donations to Missions and Cha rities Governance costs 2,455 144 26,894 12,828 2,455 144 26,894 33,527 9,389 2,861 188 26,190 13,083 7,572 20,699 9,363 24 Total 42,323 30,062 24 72,409 49,893
C4IRNALBANA CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {cont'dl 31st December 2022 9. OTHER EXPENDITURE Unrestricted Funds Restricted Funds Endowment Funds Total Funds 2022 Total Funds 2021 I nvestment propertie5 expenses Total 10. FIXED ASSETS The congregation owns the church building together with the church hall situated at Glenview Road, Ca irnalbana and the associated fixtures, fittings, plant and machinery. These have a combined insurance va lue of £1,029.464. The conBreEation also owns a manse with an insurance value of £346,453, 11. INVESTMENTS 2022 2021 Deta ils of the investment as at 31112122 15,703 15,703 Total 15.703 15,703
CAIRNALBANA CONGREGATION OFTHE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS Icont'dl 315t December 2022 12. FUND BALANCES Balance at start Receipts Payments Surplus I IDefKit) Transfer Balance at end General Account 62,905 38,947 42,929 13,9821 58,922 Total 62,905 38,947 42,929 13,9821 58,922 strict d F nd Property Fund Sunday School Mission 140,642 2,173 19,227 1,034 8,985 13.637 802 8,985 5,590 232 146,232 2,406 GB BB Bible Class pw Choir Shine Source 4,005 7,381 388 575 133 210 125 141 11,1851 39 188 4,001 6,196 427 762 133 452 49 2,362 43 2,272 3,547 2,084 860 300 618 376 242 176 Total 155,631 35,088 30,062 5.026 160,657 Bequest Fund 15,703 24 24 15,703 Total 15,703 24 24 15,703 Total 234,239 74,058 73,015 1,044 235,283