DOUGLAS PRES8YfERIAN CHURCH A CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND srATEME1 OF FINANCIALAcnviTY FOR THE YEAR ENDED 31 DECEMBER 2020 UNRESTRICTED REsfRicfED ENDOWMENf TOTAL TOTAL FUNDS FUNDS FUNDS 2020 2019 NOTE RECEIPTS Donations and legacies Charitsble aetivities Other tradin8 activities Investment Income Other 10,888 11.332 16.114 4,367 16 16 19 10.904 5.760 16,664 20,508 Sale of Investments Sale of fixed assets Loans received TOTAL RECEIPTS 10,904 5.760 16,664 20,508 PAYMENTS Raising funds Charltable activities Investment costs Other expenditure 213 13,986 213 17.244 224 23,230 3,258 1,945 5.203 1,945 19,402 14.199 23,454 Purchase of Investments Purchase of fixed assets Loan repayments TOTAL PAYMENTS 14.199 5.203 19,402 23,454 Net recelpts/payments Transfers beeen funds 3.295 557 2,738 Net movement in funds 3,295 557 2,738 2,946 Fund5 brought forward 2,829 17,183 20,012 22,958 Funds carried forward 12- 466 17,740 17,274 20,012
DOUGLAS PRESBYtERIAN CHURCH ACONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND BALANCE SHE AS AT 31 DECEMBER 2020 UNREsfRICtED REsfRICTED ENDOWMENf TOTAL FUNDS FUNDS FUNDS 2020 TOTAL 2019 Axed assets Tangible assets Herita8È assets Investmens Total flxed •ssets 978,185 978.185 978,185 978,185 978,185 978.185 Current assets Debtors Current investments Cash at bank and in hand Total current assets 3,232 74,025 22,958 IIXI,215 74.526 6.877 81.403 74,526 17.174 91,700 10.297 10.297 Uabllltles Creditors: falling due wthin one year Total current •swts 3.963 3.963 Totsl •ssets less current Il•blllYes 988,482 81.403 1.069,885 1.074.437 Uabllltles Credltors: falllng due after t)ne year Provlskon for Ilablllties Totsl net •$Setsl•bIl1tleS 988,482 81.403 1,069,885 1.074,437 FUNDS OF THE CHARrrY Endowment funds Restrlued Income fvnds Unrestrlcted fund$ Revaluation reserve 81.403 81.403 988,482 82.666 991,771 988.482 Total charlty funds 988.482 81,403 1,069,885 1,074,437 Approved by the Kirk Session at a meeting on and sed on its behalf bv Name: L.d Q. &. Name: L H'k4 Date: gj, P Aer teti. ec¢ Date: 31- 11- 21
DOUGLAS PRESBYTERIAN CHURCH A CONGREGATION OFTHE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOVNTS FOR THE YEAR ENDED 31 DECEMBER 2020 l AccouNfiNG POUCIES BASIS OF FINANCIAL SfATEmEPS The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to d)arities preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Ireland (FRS102) (effective l January 20151. The finandal statements have been prepared under the historlcal cost convention except for investment assets. which are shown at market value. The finanoal statements indude all transactions, assets and liabilities for which the congregation is responsible in law. They do not indude the accounts of church 8roups that owe their affiliation to another body. nor those that are Informal gatherlngs of thurch members. FUND AccouKnp4G Endowment funds are funds, the capital of which must be retslned either perrnjnent or at the congregation's discretion; the income derived from the endowrnent is to be used either as restricted or unrestricted incorne funds dependlng upon the purpose for vthKh the endowment Was estsb115hed In the flrst place. Restrlcted funds compri5e131 income from end¢)wments which is to be expended only on the restrlrted purposes intended by the donor and {bl revenue donations or grants for a specifK ¢on8re8ational 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 8eDeTal purposes. Designated funds are general funds set aside by the congregation for use in the future. 2 DONATIONS AND LEGAaES UNRESTRicfED ftESTRICtED ENDOWMENf TOTAL FUNDS FUNDS FUNDS 2020 TOTAL 2019 Recorded 8Mnr. Loose collections Donations and gifts GiftAid Le8acies and bequests 49 9,693 49 10.137 210 11,342 2,688 1.874 1,146 1,146 10.888 11,332 16,114
DOUGLAS PRESBYfERIAN CHURCH A CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND NOTESTO THE ACCOUNrs FOR THE YEAR ENDED 310ECEMBER 2020 CHARITAB AuivmES UNREsfRICTED RESTRICTED ENDowMEP TOTAL FUNDS FUNDS FUNDS 2020 TOTAL 2019 Income from charitable activities Fees from weddings and funerols Fundraising events Membership fees Grants 1.298 2.145 1.865 1,298 2,145 1,865 2,090 250 2,027 5,308 5,308 4,367 4 OTHER TRADING AcnvmES UNRESTRicfEO REsfRicfED ENDOWMEMf TOTAL FUNDS FUNDS FUNDS 2020 TOTAL 2019 Letting of premises Tradin8 income INVESTMENf INCOME UNRESTRICTED R£STRicfED ENIX)WMENf TOTAL TOTAL FUNDS FUNOS FUNDS 2020 2019 Deposit interest General Investment Fund Rents investment propertles other investment intome 16 16 19 16 16 19 6 OTHER INCOME UI4RESTRicfED REsfRicfED ENDOWMENT TOTAL FUNDS FUNDS FUNDS 2020 TOTAL 2019 Insurance claims Other income
DOUGL4S CONGREGATION OFTHE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE Accoupirs FOR THE YEAR ENDED 31 DECEMBER 2020 RAISING FUNDS UNRESTRICTED RESTRICTED ENDOWMENf TOTAL FUNDS FUNDS FUNDS 2020 TOTAL 2019 FWO Envelopes Fundraising events 213 213 224 213 213 224 CHARFfABLE AcnvmE5 UNRESTRicfED RE¥fRicfED ENDOWMENT TOTAL FUNDS FUNDS FUNDS 2020 TOTAL 2019 General Assembly Assessments Presbytery fees Ministry & 5UPPOrt staff costs Congregational running expenses Oonatlons to Misslons and Charities Governance costs 2.702 114 10.724 446 2,702 114 10,724 3,602 3,871 114 11,080 3,156 102 102 2,IS9 13,986 3,258 17.244 23,230 9 OThER EXPENOITURE UNRESTRICIED RESTrICTED ENLX)WMEKf TOTAL FUNDS FUNDS FUNDS 2020 TOTAL 2019 Investment property expenses To Investment fund 1.945 1,945 1,945 1,945 10 FIXED ASSETS The con8re8atlon owns the Church premises $liuated at Camus Road. Dou8las Bridge, Strabane. 8T82 8QN alon8 vth the asssxiated fixtures, fittings. plant and rnathinery. Thes• have an insurancè value of £1,005,366 11 INVESTMENTS The congretation has the following investments. Amounts are shown at market valuation 2020 2019 General Investment Fund Nl Central In¥ fund 72,738 1.788 74,526 73,187 1.973 75.160