an EDENDERRY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Recelpts and Payments Account) For the year ended 31 December 2022 Note Unrestricted Funds Restrlcted Funds Total 2022 Total 2021 Receipts Donatlons and legacies Charitable activlties Other trading activities Investment Income Other 43,129 14,317 146 I,iio 57,446 146 I,iio 1,126 63,246 490 1,126 665 500 Total recelpts 44,255 15,573 59,828 64,901 Payments Raising funds Charitable activities Other 214 28,548 11,201 214 34,635 15,509 239 32,974 8,444 6,087 4,308 Total payments 39,963 10,395 50,358 41,657 Net receipts l (payments) 4,292 5,178 9,470 23,244 Funds brought forward Transfer to investment Transfer to restricted 77,296 {397} 126,9861 24,079 101,375 {3971 78,131 26,986 Funds carrled forward 12 54,205 56,243 110,448 101,375 12
ali EDENDERRY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2022 Unrestricted Funds Restrlcted Funds Total Funds 2022 Totsl Funds 2021 Funds Reconciliation Bank and Cash at st3rt of year Net movement in funds 77,296 123,0911 24,079 32,164 101,375 9,073 78,131 23,244 Bank and Cash at end of year 54,205 56,243 110,448 101,375 Bank & Cash Balances Bank Current Accounts Bank Deposit Account- Note 11 Cash in Hand 78,601 31,735 112 72,457 28,679 239 110,448 101,375 Other Assets Fixed Assets- Note 10 Investments- Note 11 118,564 118,167 118,564 118,167 Approved by the Kirk Session at a meeting on 23 March 2023 and signed on its behalf by: Rev R Orr {Ministerl Mrs Muriel Good (Clerk of Session) Date: 13 Ic>., l L4 Date: 13
an EDENDERRY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TOTHE ACCOUNTS For the year ended 31 December 2022 ACCOUNTING POUCIES BASIS OF FINANCIAL STATEMENTS As the total Income of the congregatlon Is less than £250,000 the congregation have elected in accordance with the provisions in The Charitie5 {Accounts and Reports Regulations (Northern Ireland} 2015 to prepare its accounts on a receipt5 and payment5 basis, FUND ACCOUNTING Endowment fund5 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 Unrestrlrted Funds Restricted Funds Total 2022 Total 2021 Recorded giving Loose collections Donations and gifts Gift aid Legacies and bequests 34,501 637 191 7,800 10,464 515 1,030 2,308 44.965 1,152 1,221 10,108 44,868 474 340 10,114 7,450 43,129 14,317 57,446 63,246 14
ali EDENDERRY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) For the year ended 31 December 2022 CHARITABLE AcfiviTIES Unre5trirted Funds Restricted Funds Total 2022 Total 2021 Income from charitable activities 146 146 490 146 146 490 4. OTHER TRADING ACTIVITIES Unrestricted Funds Restrirted Funds Total 2022 Total 2021 Other I,iio I,iio I,iio I,iio INVESTMENT INCOME Unrestrlcted Funds Restrirted Funds Total 2022 Total 2021 General Deposit interest General Investment Fund 136 990 136 990 53 612 1,126 1,126 665 15
an EDENDERRY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (conVd} For the year ended 31 December 2022 OTHER INCOME Unrestricted Funds Restrirted Funds Total 2022 Total 2021 Grant aid 500 500 RAISING FUNDS Unrestrlcted Funds Restrirted Funds Total 2022 Total 2021 FWO envelopes 214 214 239 214 214 239 CHARITABLE AcfiviTIES Unrestricted Funds Restrlrted Funds Total 2022 Total 2021 General Assembly assessments Presbytery fees Ministry and sUPPOrt staff costs Congregational running expenses Organisational running expenses Donations to missions and charities Pastoral care 3,473 303 18,777 3,677 619 1,699 3,473 303 18,777 3,677 672 7,733 3,804 305 18,070 2,210 599 6,786 1,200 53 6,034 28,548 6,087 34,635 32,974 16
an EDENDERRY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {conVd) For the year ended 31 December 2022 OTHER EXPENDITURE Unrestrirted Funds Restricted Funds Total 2022 Total 2021 Property and maintenance costs 11,201 4,308 15,509 8,444 11,201 4,308 15,509 8,444 10. FIXED ASSETS The congregation owns the Church premises situated at 41 Edenderry Road, Omagh BT79 OLX and the associated fixtures, fittTngs, plant and machinery. These have an insurance value £1,592,980. 11. INVESTMENT5 The congregation has the following investments. Amounts are shown at market valuation. 2022 2021 General Investment Fund Propety 2,879 115,685 2,879 115,288 118,564 118,167 17
an EDENDERRY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) For the year ended 31 December 2022 12. FUND BALANCES Fund Transfer Between Funds Balance at 01.01.22 Transfer to Investment Balance at 31.12.22 Recelpts Payments Unrestrfcted Funds General Deposit 48,617 28,679 44.255 139,9631 1,693 128,6791 (3971 54,205 77,296 44,255 {39,963) (26,9861 1397} 54,205 Restricted Funds Property Mission and Charity Congregational Organisational Deposit Bequests 16,079 9,195 6,048 330 14,308) {5,673) 1366} (48} 20,966 375 1,587 1,580 31,735 1,623 3,177 {1,549) 31,735 (3,200} 3,200 24,079 15,573 (10,395) 26,986 56,243 Total 101,375 59,828 {50,358) 1397) 110,448 The congregation has reviewed the basis on which it prepares its accounts and In order that these are prepared on a strict receipts and payments basis it has eliminated from its fund balances any funds which are not held in bank or cash balances. Any other funds, which the con8re8ation holds, in particular investment5, are disclosed on the Statement of Assets and Liabilities. 18