an DRAPERSTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2022 Draporstown Pre8byt8rlan Church Recelpts and Payments Account for the year ended 31 December 2022 Unrestricted Restricted Funds Funds 2022 2022 Total Total Noto 2022 2021 Recel Weekly Freewill Offering Sabbath Collection Special CollectEons Investment income other reIpts Recelpts regarding Organlsatlons IRcel ts 12,659.40 50.80 12,659.40 10,568.20 50.80 156.98 5,911.77 3,018.00 183.91 578.89 6,553.72 7,354.92 992.83 992.83 287.15 6,911.09 26,352.43 21,964.14 5,911.77 6.49 177.42 6,553.72 19,441.34 men General Assembly Asse88rnents Church Runnlng Costs Sunday School Costs Manse Costs Administration Costs Char5table Donations Payments Regarding Organlsatlons Total Pa ments 8,446.17 5,720.36 8,446.17 6,494.18 3,183.05 5,690.75 773.82 4,433.14 5,044.03 4,433.14 10,117.99 5,044.03 3,336.37 6,673.53 2,089.12 662.93 581.11 6,673.53 662.93 8,110.28 31,753.98 24,998.39 10 23,643.70 Exce88 ol Receipts over Paymonts for the year before tran8fern {4,202.36) (1,199.19) (5,401.55) (3,034.25) Capltal payments Transfers Transfer to Investment 0.70 (92,116.63) (0.70) (0.70) (92,116.63) Net movement in funds (96,318.99) (1,199.19) (97,518.18) (3,034.25) Funds brought forward 171,323.35 10,249.32 181,572.67 184,606.92 Funds carried foThvard 11 75,004.36 9,050.13 84,054.49 181,572.67
an DRAPERSTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2022 STATEMENT OF ASSETS & LIABILITES AS AT 31 DECEMBER 2022 Unrestrfcted Funds Restricted Funds 2022 Total Funds Total Funds 2022 2022 2021 Funds Reconciliation Bank and Cash at start of year Net movement in funds Transfer From Deposit Account to Investment 171,323.35 10,249.32 181,572.67 184,606.92 (4,201.66) (1,199.89) (5,401.55) (3,034,25) (92,116.63) (92,116.63) Bank and Cash at end ol year 75,006.06 9,049.43 84,054.49 181,572.67 Bank & Cash Balance8 Current Accounts Deposit Accounts Cash Total Ca8h Fund• 3,228.06 71,777,00 8,192.55 11,420.61 18,893.81 694.37 72,471.37 162,516.25 162.51 162.51 162.51 9,049.43 84,064.49 181,572.57 11 76,006.06 OTHER ASSETS Invastmgnt Assets Investments Other Listed Investments NFU Investrnent Investment Propertles Total Investment Assots 2,760.54 92,116.63 2,760.54 92,116.63 2,760.54 12 94,877.17 94.877.17 2.760.54 Flxed Assets 13 Manse Glebe Land Church Disabled Toilets Total Flxed Assets 160,000.00 250,000.00 10,318.00 420,318.00 160,000.00 160,000.00 250,000.00 250,000.00 10,318.00 10,318.00 420,318.00 420,318.00 Approved by the Kirk Session at a meetlng on the 2nd May 2023 and signed on tts behalf by Reverend T Bo Mr Stephen inton Mlnlster Trustse 10
an DRAPERSTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2022 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total Income of the congregatlon is less than £250,000 the congregatlon have elected In accordance with the provisions in The Charities (Accounts and Reports Regulatlons (Northern Ireland) 2015 to prepare its accounts on a receipts and payments basls. FUND ACCOUNTING Endowment funds are funds, the capital of whlch must be retained either permanently or at the congregation's discretion; the income derlved 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. Restrlcted funds comprise (a) income from endowments whlch Is to be expended only on the restricted purposes intended by the donor and (b) revenue donations or grants for a speclflc congregatlonal actlvlty Intended by the donor. IMLere these funds have unspent balances. Interest on thelr pooled Investment Is apportioned to the indlvidual funds on an average balance bas[8. Unrestricted funds are Income funds whlch are to be spent on the congregation's general purposes. Deslgnated funds are general funds set aside by the congregation for use in the future. STATEMENT OF ASSETS AND LIABILrriES FIXED ASSETS The assets of the congregatlon, retained for its own use comprise'.- Church Bullding and Graveyard Manse Glebe land The Church Building and Graveyard are deemed to be Heritage a88ets as defined by the Charities SORP (FRS102). These Heritage assets are not included in the statement of assets and liabilities as information on the cost or valuation is not available and such information cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the parish. The Manse and Glebe land has been recognised on values which the Trustees deem to represent the estimated fair value of the property at 1 January 2018. No depreciation has been provided on thls building as the current estimated residual value is not less than its carrying value and the remaining useful life currently exedS 50 years. 11
an DRAPERSTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2022 2. Speclal collectlons Unrestrfctsd Restrlcted 2022 2022 Total 2022 Total 2021 Donor United Appeal Hapiest Envelope & Loose Offerfng Presbyterian Children Society Gospel Music Evening Tear Fund Moderator's Appeal for Ukraine St, Patrick's Open Day - Ukraine Collection TOTAL 1,095.00 2,259.70 295.00 812.00 199.00 720.00 531.07 1,095.00 2,259.70 295.00 812.00 835.00 1,994.00 189.00 199.00 720.00 531.07 5,911.77 5,911.77 3,018.00 3. Other recolpts Unrestrlcted Re3trlcted 2022 2022 Total 2022 Total 2021 Donor Land & Railway Rent (Net of Fee) Wayleave Manse Rent Presbyerlan Herald Sale of Calendars Donation Barney McAuley Donation for the late Tom Kennedy by slsters Hazel & Betty Sale of Trees at Manse Grave Plot 2,095.00 247.72 3,993.00 18.00 2,095.00 247.72 3,993.00 18.00 2,095.OCJ 93.92 3,996.00 20.00 50.00 50.00 50.00 500.00 150.00 150.00 600.00 . 6.553.72 6,553.72 7.354.92 4. Recelpts regardlng Organlsatlons Unrestricted Restrlcted 2022 2022 Total 2022 Total 2021 Tobennore & Draperstown P.W Sunday school TOTAL 992.83 992.83 287.15 992.83 992.83 287.15 12
an. DRAPERSTOWN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2022 5. Church running costs Unrestrlcted Restrlcted 2022 2022 Total 2022 Total 2021 Tobermore Presbyterian 113 Expenses Grass Cuttlng etc Electrlclty Water rates Repalr5 Sundry expenses TOTAL 656.00 1.499.00 3,346.66 218.70 656.00 1,499.00 3,346.66 218.70 773.82 2,715.00 720.00 2,077.57 178.18 773.82 5.720.36 773.82 6.494.18 5.690.75 6. Sunday School costs Unrestrlcted R08trfcted 2022 2022 Total 2022 Total Sundry Expenses Sunday School Expenses TOTAL 7. Manse costs Unrestrlcted Restrlcted 2022 2022 Total 2022 Total ' 2021 Insurance Rates Water Rates Bank Charges Contrlbutlon to Manse Renovatlon Hedge Cuttln8 Palntlng Sundry TOTAL 200.00 1,199.74 119.39 21.01 200.(M) 1,199.74 119.39 21.01 240.CK) 1,180.13 68.62 ' 20.99 8,000.00 260.00 245.00 2,648.00 245.00 2,648.00 348.25 4.433.14 4.433.14 10,117.99 13
an DRAPERSTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2022 8. Administration costs Unrestricted Restrlcted 2022 2022 Total 2022 Total 2021 Printing Postage & Stationery Organists Calendars Advert Insurance Insurance Presbyterian Herald St Patrlck Open Day Expenses Audit & Accountancy Sundry Bank fee5 Speakers TOTAL 165.00 1,666.50 293.00 165.00 1,666.50 293.00 331.00 1,273.50 50.40 669.47 . 669.47 735.00 30.00 247.06 990.00 118.00 50.00 80.00 669.47 735.00 30.00 247.06 990.00 118.00 50.00 80.00 960.00 52.00 5,044.03 5,044.03 3.336.37 9. Charltable donatlons Unr8strlcted Restrlctsd 2022 2022 Total 2022 Total 2021 United Appeal 2018 UnSted Appeal 2019 Unlted Appeal 2020 Unlted Appeal 2021 Unlted Appeal 2022 Tear Fund Sunday School Project Presbyterian Childrens Soclety Gary & Mary Reld Open Door Moderator's Appeal for Ukralne St. Patrick's Open Day- Ukralne Collection TOTAL 565.00 475.00 785.00 835.00 1,095.00 199.00 785.00 835.00 1,095.00 199.00 234.73 209.39 605.00 295.00 2,089.45 124.01 720.00 531.07 295.00 2,089.45 124.01 720.00 531.07 6,673.53 6,673.53 2.089.12 10. Payments regarding Organisations Unrestricted Restricted 2022 2022 Total 2022 Total.. 2021 Tobermore/Draperstown P.W. TOTAL 662.93 662.93 662.93 581.11 662.93 581.11 14
an DRAPERSTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 11. Movement in Funds At1Jan Incomlng Outgolng Transfers Transfer to Investment At 31 Dec 2022 Resources Resources 2022 Restrlcted funds TobermorelDraperstown 67.53 992.83 662.93 397.43 Bulldlng Fund (No.2 Account) . Speclal Collectlons Sunday School 6,997.12 2,266.19 773.82 8,489.49 3,022.16 162.51 3,652.07 6,673.53 (0.70) 0.00 162.51 10,249.32 6,911.09 8,110.28 (0.70) 9,049.43 Unre8trlcted funds General Fund 171,323.35 19,441.34 23,643.70 0.70 (92,116.63) 75,005.06 171,323.35 19,441.34 23,643.70 0.70 (92,116.63) 75,005.06 Total tund8 181,572.67 26,352.43 31,753.98 (92,116.63) 84,054.49 NATWEST Investment NFU Investment 12. Investment Assets Total Openlng cost at 1 Jan 2022 Changes in valuation Additions Dlsposals Closing cost at 31 Dec 2022 2,760.54 2,760.54 92,116.63 92,116.63 2 760.54 92 116.63 94 877.17 Investments are recorded at cost. 15
an DRAPERSTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {conVd) 31 December 2022 13. FIXED ASSErs Manse Glebe Land Church. Totsl Opening cost at 1 Jan 2022 Additions 160,000.00 250,000.00 10.318.00 420,318.00 CIo8lng cost at 31 Dec 2022 60,000.00 250,000.00 10,318.00 420,318.00 The congregatlon own8 the Church premlses sltU8ted at 47 Hlgh Street, Draperstown, Co Londonderry and the a&soclated fixtures, fitting8, plant and machlnery, whlch18 not Included In the value above. These have an Insurance value of £622,884.37.