Charity No: NIC105598
Aughnacloy Congregation
of the
Presbyterian Church in Ireland
Trustee Report
and
Receipts and Payments Account
for the year ended 31 December 2023

Aughnacloy Congregation of the Presbyterian Church in Ireland
5taternent of Receipts and Payments - Year Ended 31 December 2023
Note
Unrestritted Restricted
Funds
Funds
Endowment
Funds
Total
2023
Total
2022
Receipts
Donations & Legacies
Charitable Activities
Other trading activitie5
Investment income
Other income
51,138
23,044
7,783
3,916
74,182
7,783
4,516
68,813
9,223
3,955
600
1,258
1,258
1,444
Total Receipts
51,738
36.008
87,746
83,438
Payment5
Choritable Activities
Fixed Assets
46.922
32,849
79,771
70,459
3,147
Total Payment5
46,922
32,849
79,771
73,606
Net Receipts / Payment5
Transfers net
4.816
11,3201
3,159
1,320
7,975
9,832
Net movement in funds
3,496
4,479
7,975
9,832
Funds brought forward 01 January 2023
27,927
13.785
63,775
53,943
Deduct non cash/bank related Endow Funds
Funds carried forward 31 December 2022
31.423
18,264
71,750
63,775

Aughnadoy Congregatlon of the Presbyterlan Churth In Ireland
Statement of Assets and Llablllties - Year Ended 31 De￿mber 2023
Unrestricted Restricted
Funds
Funds
Endowment
Funds
Total
2023
Total
2022
Funds Reconclllatlon
Bank and cash at start of year
22.951
50,878
41,047
27,927
7.975
9,832
Net movement in funds
3,496
4.479
50,879
Bank & cash at end of year
31,423
27.430
58,853
Bank & Cash Balances
Bank Current Accounts
Cash in Hand
27,327
103
58,750
103
50,776
103
31,423
50.879
Total
31.423
27,430
58,853
Memorandum Note Only
Investments
Endowment Investments
255,596 £ 255,596 £ 275.411
Llabllltles (Restrfcted Funds)
Members Loan to support construrtlon of new Churth Hall (2018}
£ 44,OCK> £ 46,(
Flxed Assets
Assets retained forthe Church's own use comprtse the following properties and a￿ stated at insured valuatlons:.
Churth, Church Hall and contents
Manse and Sexton House
3.069,382 2,740,519
563,501
503,125
Approved by trustees on at a meeting on
1910512024 and signed on its behalf by.
Mr De￿k Loane
Trustee
Dr Cecil Givan
Trustee

Aughnacloy Congregation of the Presbyterian Church In Ireland
Notes to Accounts - Year Ended 31 December 2023
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
Charities (Accounts and Reports Regulations (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 di5cretion- 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 lal income from endowments which is to be expended only on the restricted purp05e5 intended by the donor
and Ibl revenue donations or grants for a specific congregational artivity intended by the donor. Where these fund5 have unspent
balances, interest on their pooled investment 15 apportioned to the individual funds on an average balance basis.
Unrestricted funds are income funds which are to be spent on the con8regation'5 general purp05e5.
Designated funds are general funds set aside by the congregation for use in the future.
RECEIPTS
2. DONATIONS & LEGACIES
Unrestricted Restritted
Funds
Funds
Endowment
Funds
Total
2023
Loose collections
Donation5 & gifts
Gift Aid
Legacies & bequest
1,392
41.780
7,673
293
1,392
55,073
8,926
8,791
13,293
1,253
8,498
51,138
23.044
74,182
3. CHARITABLE AcfiviTIES
Unrestritted Restricted
Funds
Fund5
Endowment
Fund5
Total
2023
Income from charitable activity & fundraising
Membership Fees
Grants
520
1.113
6,150
520
1,113
6,150
7,783
7,783

Aughnacloy Congregation of the Presbyterian Church in Ireland
Notes to Accounts- Year Ended 31 December 2023
4. OTHER TRADING ACTIVITIES
Unrestricted Restricted
Funds
Funds
Endowment
Funds
Total
2023
Letting of Premlses
600
3.916
4,516
600
3.916
4,516
5. INVESTMENT INCOME
Unrestricted Restricted
Funds
Funds
Endowment
Funds
Total
2023
Bank Interest
6. OTHER INCOME
Unrestricted Restricted
Funds
Funds
Endowment
Fund5
Total
2023
Other
1.258
1,258
1,258
1.258
PAYMENTS
7. CHARITABLE AcfiviTES
Unrestritted Restricted
Funds
Funds
Endowment
Fund5
Total
2023
General Assembly Assessments & Payments
Presbytery Fees
C05t of Fundraising
Ministry & support staff
Running expenses
Donation5 to Mission5/Charities
Governance costs
8,197
319
8,197
319
29,162
8,536
29.162
27,852
13,533
708
19,316
13,533
708
46,922
32,849
79.771

Aughnacloy Congregation of the Presbyterian Church in Ireland
Notes to Accounts - Year Ended 31 December 2023
8. FUND BALANCES
Balance
at start
Receipts
Payments
Surplus/
IDeficitl
Transfers
Balance
at end
nett
Unrestricted Funds
General
27,927
51,738
46,922
3,496
11,3201
31,423
27.927
51,738
46.922
3.496
11,3201
31,423
Restrlcted Funds
United Appeal
General Missions Fund
Presbyterian Children's Society
Moderators Appeal - Turkey & Syria Earthquake
Logos Ministries
Stand by Me Ministries
Gideons
Repairs
Sunday School
Rooted
Boys Brigade
Presbyterian Women
4,506
6.909
550
550
4,506
6,909
550
550
100
ICKJ
120
loo
loo
120
13,478
2,000
1.974
4,579
920
11,955
343
5.150
5,292
753
5.582
1.469
6.154
5,819
990
6,373
11261
11,0041
15271
12371
19,851
1,874
970
4,052
683
1,000
22.951
36,008
32,849
4,479
1.320
27,430
Total Funds
50,878
87,746
79,771
7,975
58,853