Presbyter an CARLISLE ROAD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND srATEMENT OF FINANCIAL ACTIVITY (Recelpts and Payments Account) For the Year Ended 31 December 2022 Note Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 Receipts Donations and Legacies Cha ritable Activities Other Trading Activities Investment Income Other 52,771 14,058 4,486 66,829 4,486 602 2,696 907 76,468 1,200 210 3,938 275 602 1,041 907 1.655 55,321 20,199 75,520 82,091 Sale of Investments Sale of Fixed Assets Loans Received Total Receipts 55,321 20,199 75,520 82,091 Payments Raising Funds Charitable Activities Earmarked Interest 770 77,208 770 93,480 1,459 717 101,218 2,131 16,272 1,459 77,978 17,731 95,709 104,066 Purchase of Investments Purchase of Fixed Assets Loan Repayments 13,383 13,383 833 Total Payments 77,978 31,114 109,092 104,899 Net Receipts / (Payments) Transfer5 Between Funds (22,657) 1830} (10,915) 830 {33,572) (22,8081 Net Movement in Funds Funds Brought Forward (23,4871 96,711 (10,085) 19,183 {33,572) (22,808} 115,894 138,702 Funds Carried Forward li 73,224 9,098 82,322 115,894 14
Presbyter an CARLISLE ROAD CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2022 Note Unrestrirted Funds Restricted Endowment Funds Funds Total Funds 2022 Total Funds 2021 Funds Reconciliation Bank & Cash at Start of Year Net Movement in Funds 96,711 {23,487) 19,183 (10,085) 115,894 138,702 (33,572) 122,808) Bank and Cash at End of Year 73,224 9,098 82,322 115,894 Bank & Cash Balances Current Accounts Deposit Accounts Cash in Hand 54,929 26,178 1,215 88,768 26,178 948 82,322 115,894 Other Assets Fixed Assets Investments 10 Gift Aid Receivable on Donations 162,685 8,269 162,685 9,435 170,954 172,120 Liabilities Loans Approve the Kirk Session at a meeting on 4 June 2023 and sig ed on its behalf by Rev R055 Kernohan Minister r Trevor Galbraith Clerk of Session 4 June 2023 4 June 2023 15
Presbyter an CARLISLE ROAD 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 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 ba5iS. 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 (al 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 apportloned 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 Unrestrirted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Recorded Giving Loose Collections Donations & Gifts In Memoriam In Lieu of Flowers Gift Aid Legacies & Bequest 43,926 668 loo 370 7,725 2,750 300 51,651 3,418 400 370 1,555 9,435 61,496 2.277 960 1,405 590 7,740 2,000 1,555 1,728 7707 52,771 14,058 66,829 76,468 16
Presbyter an CARLISLE ROAD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {conYd) 31 December 2022 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Totsl 2021 Income from Charitable Activities Fundraising Events Grants 1,686 2,800 1,686 2,800 1,200 4,486 4,486 1,200 4. OTHER TRADING AcrivrriES Unrestricted Fund5 Restricted Funds Endowment Funds Total 2022 Total 2021 Letting of Premises 602 602 210 602 602 210 5. INVESTMENT INCOME Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 Investment Interest Bank Interest 934 107 1,653 2,587 109 3,777 161 1,041 1,655 2,696 3,938 17
Presbyter an CARLISLE ROAD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (convd) 31 December 2022 6. OTHER INCOME Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 Periodicals & Calendar5 Share of Manse Expenses Refund Pulpit Supply Fees 538 249 120 538 249 120 28 247 907 907 275 7. RAISING FUNDS Unrestricted Funds Restrirted Endowment Funds Funds Total 2022 Totsi 2021 FWO Envelopes Fundraising Events 598 172 598 172 627 90 770 770 717 CHARITABLE AcfiviTIES Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 General Assembly Assessments Presbytery Fees Ministry & Support Staff Costs Congregational Running Expenses Donations to Missions & Charities Grants Returned Governance Costs 11,878 701 44,353 20,276 11,878 701 44,353 23,486 12,679 383 12,771 701 43,633 27,797 14,728 588 3,210 12,679 383 77,208 16,272 93,480 101,218 18
Presbyter an CARLISLE ROAD CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 9. FIXED ASSErs The congregation owns the church premises situated at Carlisle Road Londonderry and a manse at Limavady Road Londonderry for the minister and the associated fixtures, fittings and equipment. These have an insurance value of £6.147,908. 10. INVESTMENTS The congregation has the following investments. Amounts are shown at market valuation. 2022 2021 Permanent Endowments Bank Deposit Accounts Fixed Term Accounts 162,685 162,685 162,685 189,010 19
Presbyter an CARLISLE ROAD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (convd) 31 December 2022 11. FUND BALANCES Fund Balan at start Receipts Payment Surplus / Transfer (Deficit) Balance at end Unrestricted Funds General 96,711 55,321 77,978 (22,657) (830) 73,224 96,711 55,321 77,978 (22,657) (830) 73,224 Restricted Funds Repair & Maintenance Mission & Charities Investment Interest Presbyterlan Women Sabbath School Catering Committee Choir Girls, Brigade Children's Church Mid Week Bible Study Craft & Chatter Group 5,363 502 4,218 9,663 1,459 1,173 257 13,383 10,844 1,459 1,780 1,319 {9,165) (1,181} 4,993 1,130 1,191 451 1,513 902 4,991 374 4,618 920 (607) {1,062) 906 40 200 (4993} 59 2,660 59 552 433 4,670 920 192 295 2,108 (500) 413 295 221 192 295 19,183 20,199 31,114 (10,915) 830 9,098 Total 115,894 75,520 109,092 (33,572) 82,322 20