an
CARLAND PRESBYTERIAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)
for the year ended 31 December 2023
Note
Unrestricted
Funds
Restrirted Endowment
Funds
Funds
Total
2023
Total
2022
Receipts
Donations and legacies
Charitable activities
Other trading activities
Investment Income
Other
82183
82183
3879
1213
335
1200
71441
2972
1165
327
335
3879
1213
335
1200
Sale of Investments
Sale of fixed assets
Loans Received
Total Receipts
84931
3879
88810
76240
Payments
Raising funds
Charitable activities
Investment costs
Other
64
57444
64
73971
348
39644
16527
4262
4262
3898
Purchase of Investments
Purchase of fixed assets
Loan Repayments
Total Payments
61770
16527
78297
43890
Net receipts / {payments)
Transfers between funds
100
113585)
(100}
13585
(361
837
1608
(361
10513
112761
Net movement in funds
Funds brought forward
9676
79315
32350
80411
31838
Funds carried forward
12
88991
2409
31838
123238
112761
13

an
CARLAND PRESBITERIAN CONGREGATION OF THE pREsB￿ER1AN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2023
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
Funds
2023
Total
Funds
2022
Funds Reconciliation
Bank and Cash at start of year
Net movement in funds
80411
79315
9676
1608
801
31838
112761
10477
32350
Bank and Cash at end of year
88991
2409
31838
123238
112761
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
123238
112761
123238
112761
Other Assets
Fixed Assets- Note 10
Church Premises
Fixtures, Fittings & Equipment
Insurance Value
Investments- Note 11
Gift Aid receivable on donations
2173936 2022267
2173936 2022267
Liabilities
Loans
Other
th
Approved by the Kirk session at a meeting on 29 September 2024 and signed on its behalf by
Rev N James O'Neill
Howard McLean
Minister
Clerk of Session
14
15

an
CARLAND PRESBYfERIAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
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 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 which 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 average balance basis.
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
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Recorded giving:
Loose collections
Donations and gifts
Gift Aid
Legacies and bequest
63663
2685
930
14904
63663
2685
930
14904
57407
397
150
13487
82183
82183
71441
16

an
CARLAND PRESB￿ERIAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Income from charitable activities
Fees from funerals
Fundraising events
Membership fees
Grants
3379
500
3379
500
2972
3879
3879
2972
4. OTHER TRADING ACTIVITIES
Unrestrirted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Letting of premises
Trading income
654
559
654
559
651
514
1213
1213
1165
5. INVESTMENT INCOME
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Deposit interest
General Investment Fund
Rents investment properties
Other investment income
335
335
327
335
335
327
17

an
CARLAND PRESBYTERIAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
OTHER INCOME
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Power Nl Energy Scheme
1200
1200
335
1200
1200
335
RAISING FUNDS
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
FWO envelopes
Fundraising events
348
64
64
64
64
348
CHARITABLE AcfiviTIES
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Congregational running expenses
Donations to Missions and
charities
Governance costs
10707
428
24655
19513
1000
10707
428
24655
23334
13706
6185
428
2229
18260
12322
3821
12706
1141
1141
220
57444
16527
73971
39644
18

an
CARLAND PRESBYfERIAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
OTHER EXPENDITURE
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
U Utilities
4262
4262
3898
4262
4262
3898
10. FIXED ASSETS
The congregational trustees hold the Church premises situated at Gortnaglush Road , Dungannon and
the associated fixtures, fittings . These have an insurance value of £ 2173936
11. INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation.
2023
2022
General Investment Fund
Property Manse Land which is
rented privately
Other investments
50648
620
23330
620
Nat West Shares
29937
81205
23950
19

an
CARLAND PRESBYTERIAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS Icont'd)
31 December 2023
12. FUND BALANCES
Fund
Balance
at start
Receipts Payment Surplus / Transfer
{Deficit)
Balance
at end
Unrestricted Funds
General No l Account
100
(13585)
79315
84931
61770
88991
79315
84931
61770
13485
88991
Restricted Funds
Sunday School Project 2023
403
403
Presbyterian Woman Breakfast
Mission and Charities
Sunday School Account
Bowling Club
Sanctuary Fellowship Account
Presbyterian Woman
96
96
12706
550
12706
224
550
(149)
100
75
619
229
536
390
190
375
2207
(100)
500
379
819
354
1161
2440
13
1608
3879
16527
(36)
13485
2409
Endowment Funds
McAllister Fund
Various Funds
14387
17451
14387
17451
31838
31838
Total
112761
88810
78297
(36)
123238
20