an ORRrroR CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND 5TATEMEKf OF FINANCIAL Acnvrry (Recelpts and Payments Account) for the year ended 31 December 2023 Note Unrestrkted Restrfcted Endowment Funds Funds Funds Total 2023 Total 2022 Receipts Donations and legacies Charitable activities Other trading activities Investment Income Other S228 33641 2891 86569 2891 79187 765 172 3081 273 445 3081 422 1786 Totsl Recelpts 56181 36805 92986 82160 Payments Raising funds Charitable activities Investment costs Property Related Costs 550 55756 550 80136 737 82641 24380 Total Payments 56306 24380 83378 Net receipts / (payments) Transfers between funds 43595 43595 Net movement in funds Funds brought forward 43720 79340 56020 42885 123(X) 122225 -1218 123443 Funds carried forward 12 35620 98905 134525 122225
an ORRrroR CONGREGATION OF ThE PRESBYfERIAN CHURCH IN IRELAND STATEMEKf OF ASSEfs AND UABILrriES As at 31 December 2023 Unrestrlcted Re5trlcted Endowment Total Funds Funds Funds Funds 2023 Total Funds 2022 Funds Reconciliation Bank and Cash at Start of year Net movement in funds 79340 43720 42885 56020 122225 123(X) 123443 -1218 Bank and Cash at end of year 35620 98905 134525 122225 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 35620 58583 322 94203 322 121909 316 134525 122225 Other Assets Fixed Assets- Note 10 Church Premises, Fixtures, Fittings & Equipment Investments- Note 11 Gift Aid receivable on donations 13011 12511 13011 12511 Liabillties Loans Approved by the Kirk Session at a meeting on o q.. Lnd signed on its behalf by Name: Rev. James Porter Name: Stewart Black Date: Date: Signature:
an ORRITOR CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE AccouKrs 31 December 2023 AccouKllNG pouaES BASIS OF FINANaAL sfATEMEKrs As the total income of the congregation 15 less than £250.000 the congregation have elected in accordance with the provisions in The Charities (Accounts and Reports Re8ulations (Northern 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 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 (a) income from endowments vthich 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 avera8e balance basis. Unrestricted funds are income funds which are to be spent on the con8re8ation's 8eneral purpose5. Designated funds are general funds set aside by the congregation for use in the future. DONATIONS AND LEGAaES Unrestricted Restrlcted Endowment Total Funds Fund5 Funds 2023 Total 2022 Recorded giving: Loose collections Donations & Gifts Gift Aid Legacies and bequest 16342 57338 2378 15236 11617 58516 1665 7791 11215 678 2690 8564 12546 3053 52928 33641 86569 79187
Presbyter an ORRITOR CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE AccouKrs 31 December 2023 CHARITABLE AcrivmES Unrestrlcted Restrfcted Endowment Totsl Funds Funds Funds 2023 Total 2022 Income from charitable activities Membership fees / Grants 2651 240 2651 240 525 240 2891 2891 765 4. OTHER TRADING ACTlVtnES Unrestrfcted Restrlcted Endowment Totsl Funds Funds Funds 2023 Total 2022 INVESTMENT INCOME Unrestrfcted Restrlcted Endowment Totsl Fund5 Funds Funds 2023 Total 2022 Deposit interest Other investment income 253 20 253 192 253 169 172 172 273 445 422
an ORRITOR CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE AccouKrs 31 December 2023 OThER INCOME Unrestrlrted Restrirted Endowment Total Funds Funds Funds 2023 Total 20ZZ Magazines Claggan Contrib / Use of Hall Gifts in Lieu Fee Rebate Sick Supply 342 342 186 285 261 1200 40 2553 2553 3081 3081 1786 RAISING FUNDS Unrestricted Restrfcted Endowment Totsl Funds Funds Funds 2023 Total 2022 FWO envelopes 550 550 737 550 550 737 CHARITABLE ACTIVITIES Unrestrlcted Restrfrted Endowment Total Fund5 Funds Funds 2023 Total 2022 General Assembly Assessments Presbytery fees Ministry and support staff costs 24420 Congregational runnin8 expenses 18537 Donations to Missions & Charities O 12519 12519 12329 280 19649 33054 17329 24420 24999 17918 17918 55756 24380 80136 82641
Presbyter an ORRrroR CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE AccouKrs 31 December 2023 OTHER EXPENDITURE Unrestrlcted Restrlcted Endowment Total Funds Funds Funds 2023 Total 2022 Property Related costs 10. FIXED ASSErs The congregation owns the Church premises situated at 255 Orritor Road. Cookstown, BT80 9NE, the adjoining Church halls, the manse for the minister at 253 Orritor Road. Cookstown and the aSCIated fixtures, ffttin8s, plant and machinery. INVESTMEKrs The con8re8ation has the following investments. Amounts are shown at market valuation. 2023 2022 General Investment Fund Other Investments 6024 6987 5524 6987 13011 12511
Presbyter an ORRrroR CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE AccouKfs 31 December 2023 11. FUND BALANCES Fund Balan Recelpts Payment Net Surplus / Balance at start Transfer (Defidt) at end Unrestricted Funds Number l Account 79340 56181 5631 43595 43720 35620 79340 56181 56306 43595 43720 35620 Restricted Funds Buildings Account Mi55ionary Account Sunday School Account Youth Club Account Bowling Club Account PW Account CE Account 25035 27 13247 3359 290 639 18930 12565 397 23 690 42(Kl 1916 16112 1349 30 526 41X)53 3542 57067 82102 22 12295 3352 454 392 288 -952 164 -247 42885 36805 24380 43595 56020 98905 Total 122225 92986 I23) 134525