UPPER CUMBER CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payment Account)
for the year ended 31 December 2022
Note
Unrestricted Restrirted Endowment
Funds
Funds
Funds
Total
2022
Total
2021
Receipts
Donations and legacies
Charitable activities
Investment Income
35,543
24,176
5,824
762
59,719
5,824
905
45,040
9,397
1,040
143
35,686
30,762
66,448
55,477
Sale of Investments
Sale of fixed assets
Loans Received
Total Receipts
35,686
30,762
66,448
55,477
Payments
Raising funds
Cha ritable activities
517
23,274
23,791
517
583
35,770 47,929
36,287
48,512
12,496
12,496
Purchase of Investments
Purchase of fixed assets
Loan Repayments
2,801
Total Payments
23,791
12,496
36,287
51,313
Net receipts / (payments)
Transfers between funds
11,895
620
18,266
{620)
30,161
4,164
Net movement in funds
Funds brought forward
12,515
5,860
17,646
182,435
30,161
4,164
47,675 235,970 231,806
Funds carried forward
200 081
47 675 266 131 235,970
li

UPPER CUMBER CONGREGATION OF THE PRESBrfERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2022
Note
Unrestricted Restricted Endowment
Funds
Funds
Funds
Total
2022
Total
2021
Funds Reconciliation
Bank & cash at start of year
Net movement in funds
5,860
12,515
182,435
17,646
47,675 235,970 231,806
30,161
4,164
Bank & cash at end of year
200 081
47675 266131 235970
Bank and Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Building Society deposits
Cash in Hand
3,962
3,957
115,662
86,225
145.675 145,675
832
113
266 131 235 970
Other Assets
Fixed Assets
Investments
Gift Aid receivable on
donations
8,500
7,600
Liabilities
Loans
Approved by the Kirk Session at a meeting on 6th June 2023 and signed on its behalf by
z'ra
Olive Witherow
Trustee
John McFarland
Clerk of Session
12

UPPER CUMBER CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2022
I. ACCOLINTING 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 account5 on a receipts and payments basis.
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 comprise131 income from endowments which is to be expended only on the
restricted purposes intended by the donor and Ibl 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.
2. DONATIONS AND LEGACIES
Note
Unrestricted
Restricted Endowment
Total
Total
Funds
Funds
Funds
2022
2021
Recorded giving
Loose collections
Donations & gifts
Gift Aid
Legacies & bequests
28,643
148
6.233
479
16,137
1,327
34,876
627
16,137
8.079
36,506
218
830
7,486
6,752
35,543
24,176
59,719
45,040
13

UPPER CUMBER CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {continued)
31 December 2022
Unrestricted Restricted Endowment
Total
Total
Funds
Funds
Funds
2022
2021
3. CHARITABLE ACTIVITIES
Weddings & funerals
Fundraising events
Memberships
Grants
loo
56
132
601
5,223
5,824
601
5,223
5,824
9,397
9,685
4. INVESTMENT INCOME
Bank interest
Investment interest
63
80
143
569
193
762
632
742
273
905
298
1,040
5. RAISING FUNDS
FWO envelopes
517
517
583
6. CHARITABLE ACTIVITIES
General Assembly Assessments
Presbytery fees
Ministry & support staff
Congregational running expenses
Donations to Missions etc
Governance costs
2,898
412
3,432
16,532
2,898
423
3,478
24,661
4,310
6,854
412
24,438
12,301
3,924
li
46
8,129
4,310
23,274
12,496
35,770
47,929
7. FIXED ASSETS
The congregation owns the Church premises and Lecture Hall at 15 and 17 Cregg Road, Claudy, Londonderry
BT47 4HX and a half share of a manse at 342 Glenshane Road, Claudy, BT47 4HP for the minister and the
associated fixtures, fittings and equipment. These have an insurance value of £2,430,000.
8. INVESTMENTS
All funds from endowments, memorials and cash not required for short term objects are invested in
deposit accounts with the Progressive Building Society.
14

UPPER CUMBER CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (continued)
31 December 2022
9. FUND BALANCES
Fund
Balance
Receipts
Payments
Transfers
Balance
at end
at start
Unrestricted Funds
General Fund
5,860
35,686
23,791
620
18,375
Restrirted Funds
Missions and Charities
Building Fund
Repair Fund
Sunday School
Choir Fund
Presbyterian Women
Bowling Club
Youth Council
3,920
18,979
702
4,310
390
174,492
loo
193,471
100
895
193
39
346
26
352
297
io
348
355
32
5,765
200,081
166
34
7,258
182.435
271
140
6,677
30,717
82
142
6,670
12,451
-1,500
-620
Endowment Funds
Bequests and memorials
47,675
47,675
Total
235,970
66,403
36,242
266,131
15