an CARLAND PRESBYfERIAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Recelpts and Payments Account) for the year ended 31 December 2022 Note Unrestrlcted Funds Restrlcted Endowment Funds Funds Total 2022 Total 2021 Receipts Donations and legacies Charitable activities Other trading activities Investment Income Other 71441 71441 2972 1165 327 335 70020 2524 649 185 447 2972 1165 327 335 Sale of Investments Sale of fixed assets Loans Received Total Receipts 73268 2972 76240 73825 Payments Raising fund5 Charitable activities Investment costs Other 348 24611 348 39644 339 55579 15033 3898 3898 734 Purchase of Investments Purchase of fixed assets Loan Repayments Total Payments 28857 15033 43890 56652 Net receipts / (payments) (100) 100 {12142) Transfers between funds 12142 Net movement in funds Funds brought forward 32369 46946 (19} 1627 32350 80411 17173 63238 31838 Funds carried forward 12 79315 1608 31838 112761 80411 13
an CARLAND PRESBYTERIAN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2022 Unrestricted Funds Restricted Endowment Funds Funds Total Funds 2022 Total Funds 2021 Funds Reconciliation Bank and Cash at Start of year Net movement in funds 46946 32369 1627 {19) 31838 80411 32350 63238 17173 Bank and Cash at end of year 79315 1608 31838 112761 80411 Bank & Cash Balances Bank Deposlt Account5 Bank Current Accounts Cash in Hand 112761 80411 112761 80411 Other Assets Fixed Assets - Note 10 Church Premises Fixtures, Fittings & Equipment Insurance Value Investments - Note 11 Gift Aid receivable on donations 2022267 1881178 2022267 1881178 Llabllltles Loans Other Approved by the Kirk Session at a meeting on October 2023 and signed on its behalf by Rev N James O'Neill Howard McLean Minister Clerk of session 15
CARLAND PRESBYTERIAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2022 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total income of the congregation is le55 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 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 fund5 comprise (al income from endowtnents which is to be expended only on the restricted purposes intended by the donor and Ib) 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 average balance ba515. 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 Unrestrlcted Funds Restrlcted Endowment Funds Funds Total 2022 Total 2021 Recorded giving: Loose collections Donations and gifts Gift Aid Legacies and bequest 57407 397 150 13487 57407 397 150 13487 55596 227 1405 12792 71441 71441 70020 16
CARLAND PRESBYfERIAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTESTO THE ACCOUNTS 31 December 2022 CHARITABLE ACTIVITIES Unrestricted Funds Restrirted Endowment Funds Funds Total 2022 Total 2021 Income from charitable activities Fees from weddings and funerals Fundralsing events Membership fees Grants 2972 2972 2524 2972 2972 2524 4. OTHER TRADING AcfiviTIES Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 Letting of premises Trading income 651 514 651 514 649 1165 1165 649 INVESTMENT INCOME Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 Deposit interest General Investment Fund Rents investment properties Other investment income 327 327 185 327 327 185 17
CARLAND PRESBYfERIAN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 OTHER INCOME Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Other Income 335 335 447 335 335 447 RAISING FUNDS Unrestricted Funds Restricted Endowment Funds Funds Total Total 2022 2021 FWO envelopes Fundraising events 348 348 339 348 348 339 CHARITABLE ACTIVITIES Unrestrlcted Funds Restrlcted Endowment Funds Funds Total 2022 Total 2021 General Assembly Assessments Presbytery fees Ministry and support staff costs Congregational running expenses Donations to Missions and charities Governance costs 6185 428 2229 15549 6185 428 2229 18260 12322 10576 428 24381 10027 9947 2711 12322 220 220 220 24611 15033 39644 55579 18
an CARLAND PRESBYfERIAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {cont'd) 31 December 2022 OTHER EXPENDITURE Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 Utllities 3898 3898 734 3898 3898 734 10. FIXED ASSETS The congregation owns the Church premises situated at Gortnaglush Road Dungannon and the associated fixtures, fittings. These have an insurance value of £2022267 11. INVESTMENTS The congregation has the following investments. Amounts are shown at market valuation. 2022 2021 General Investment Fund Property Manse Land which is rented privately Other investments 23330 620 24873 23950 24873 20
CARLAND PRESBYfERIAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd} 31 December 2022 12. FUND BALANCES Fund Balance at start Receipts Payment Surplus / Transfer (Deficit) Balance at end Unrestrlcted Funds General No l Account 46946 73268 28857 100 (121421 79315 46946 73268 28857 12142 79315 Restritted Funds Sunday School Project 2022 Mission & Charities Sunday School Account Bowling Club Sanctuary Fellowship Account Presbyterian Woman 353 353 11969 814 285 100 1512 11969 224 304 329 770 814 700 224 619 229 536 (100) 1105 173 1627 2972 15033 12242 1608 Endowment Funds McAllister Fund Various Funds 14387 17451 14387 17451 31838 31838 Total 80411 76240 43890 112761 21