Presbyter
an
EDENDERRY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACTivifY (Receipts and Payment5 Account}
For the year ended 31 December 2023
Note
U nre5tricted
Fund5
Restricted
Fund5
Total
2023
Total
2022
Receipts
Oonatians and leg2cies
Charitable activities
Other trading activities
Inves*meni Income
Other
43.86S
60
13.188
l.C,12
l.i84
124
57,Oi6
1.072
1.584
2.557
9>0
57.446
146
I,iio
1.126
2.433
950
Total receipts
47,311
15.908
63.219
59,828
Payments
Raising funds
Charitable activitios
Other
235
235
39,040
15.773
214
34,635
15,509
8.139
3.239
12.534
Total payments
43,670
11.378
55,048
50.358
Net recelpts / {payments)
3,641
4,530
8.171
9.470
Fundi brau8ht forward
rransfer to investment
$4,205
13131
56.243
11231
110.448
1436
101.375
13971
Funds carried forward
12
57.533
60,650
118,183
110.448
12

Presbvter
an
EDENDERRY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2023
Unrestricted
Funds
Restricted
Fund5
Total Total Fund5
Funds
2022
2023
Funds Reconciliation
Bank and Cash at start of year
Net movemenr in lund5
54,205
3.328
5ti,243
4,407
110,448
7.735
101.375
Q.073
Bank and Cash at end of year
57,533
118.183
110,448
Bank & Cash Balances
Bank Current Accounis
Bank Deposit Account- Note 11
Cash in Hand
85.437
31,735
li
78,601
31,735
112
118,183
110.448
Other A55et5
Fixed Asse15- Nore 10
Invesrments - Note 11
119.000
118.564
118,564
118,564
Approved by rhe Kirk Session at a meeting on 20 February 2024 and signed on its behalf by:
Rev R Orr (Minister)
Mrs Joyce Thompson (Clerk of Ses5ion}
Date:
Date:
13

Presbyter
an
EDENDERRY CONGREGATION OF THE PRES8YTERIAN CHURCH IN IREL4ND
NOTES TO THE ACCOUNTS
For the year ended 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 IAccountS and Reports Regulations INorthern Ireland) 2015 to prepare
its accounts on a receipt5 and payments basi5.
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 Éither as restricted or
unrestricted income funds depending upon the purpose for which the endowment was established in the
first place.
Restricted funds comprise {al income from endowments which is to be expended only on the restricted
purposes intended by the donor and Ibl revenue donations or 8rants 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 bas1S.
Unrestricted funds are Income funds Ivhich 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
Unre5trFcted
funds
Re5trlrted
Funds
Total
2023
Total
2022
Recorded ¥ivin8
Loose collection$
Donations and gifts
Gift aid
35.851
9.604
715
594
2,275
45,455
715
594
10,292
44.965
1,152
1,221
10,108
8,017
a3.868
13.188
57.056
57,446
14

Presbyter
an
EDENDERRY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd}
For the year ended 31 December 2023
CHARITABLE AcfiviTIES
Unrestricted
Funds
Restrirted
Funds
Total
2023
Total
2022
Income from charitable activities
60
1.012
1,0?2
146
60
1.012
1,072
OTHER TRADING AcfiviTIES
Unrestricted
Funds
Restrlrted
Fund5
Total
2023
Total
2022
Other
1.584
1.584
i.iio
1,584
1,584
i.iio
INVESTMENT INCOME
Unrestrirted
Funds
Restricted
Funds
Total
2023
Total
2022
General Deposit interest
General Investment Fund
833
1,600
833
1,724
136
990
124
2.433
124
2.5?7
1,126
15

Presbyter
an
EDENDERRY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS Icont'd)
For the year ended 31 Oecember 2023
OTHER INCOME
Unrestrlcted
Funds
Restricted
Fund5
Total
2023
Total
2022
Grant aid
950
950
950
950
RAISING FUNDS
Unrestrlrted
Funds
Restrlrted
Fund5
Total
2023
Total
2022
FWO envelopes
235
235
214
235
235
214
CHARITABLE AcfiviTIES
Unre5trlcted
Funds
Re5trlrted
Funds
Total
2023
Total
2022
General Assembly assessments
Presbytery fees
Ministry and sUPPOrt staff cosis
Congregational runnin8 expenses
Or8anisational running expenses
Donation5 to rn155ions and charities
3,569
329
19,913
4.797
816
1,477
3,569
329
19,913
4.797
816
9.616
3,473
303
18,777
3.677
672
7,733
8,139
30.901
8,139
39,040
34,635
16

Presbyter
an
EDENDERRY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO TfrIE ACCQUNTS Icont'd)
For the year ended 31 December 2023
OTHER EXPENDITURE
Unrestrirted
Fynds
Restricted
Funds
Total
2023
Total
2022
Property and maintenance costs
12,534
3,239
15,773
15,509
12,534
3,239
15,773
15.509
10. FIXED ASSETS
The congregation owns the Church premises situated at 41 Edenderry Road, Omagh 8f19 OLX and the
associated fixtures. fittings. plant and machinery, These have an insurance value £1.691,745.
11. INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation.
2023
2022
General Investment Fund
ProDerty
2.879
116.121
2,879
115,685
119,000
118.S64
17

Presbyter
an
EDENDERRY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS Icont'dl
For the year ended 31 December 2023
12. FUND 8ALANCES
Fund
Transfer
Between
Transfer to
Fund5 Investment
Balance at
01.01.23
alance at
31.12.23
Receipts
Payments
Unrestrltted Funds
General
54,205
47,311
143,6701
13131
57,533
54,205
47.311
143,6701
13131
57,533
Aestrlrted Funds
Property
M15sion and Charity
Con8re8ational
Organisational
Deposit
Investmenf
20,966
375
1.587
1,580
31,735
8,658
13,2391
16,5581
12561
11,325
26.385
463
2,067
481
255
1255)
31,73S
123
{1231
56,243
15,908
fl1.3781
11231
60.650
Total
110.448
63.219
(55,Q481
{4361
118,183
The congregation has reviewed the basls on which it prepares Its accounts and in order that these are
prepared on a strict receipz5 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 congregation holds, in
particular investments, are disclosed on the Statement of Assets and Liabilities,
18