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TOBERMORE CONGREGATION
OFTHE
PRESBYTERIAN CHURCH IN IRELAND
TRUSTEES ANNUAL REPORT
AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 DECEMBER 2022
Registered Charity in Northern Ireland NIC 105643

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TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
srATEMENT OF FINANCIAL AcfiviTY (RECEIPTS AND PAYMENTS ACCOUNT)
FOR YEAR ENDED 31 DECEMBER 2022
NOTE
UNRESTRIcfED
REsfRICTED
ENDOWMENT
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
2022
2021
Receipts
Donations & legacies
Charitable activities
other trading activltles
Investment Income
Other
30,450
955
8,472
38,922
955
2,204
48
120
42,249
41,663
2,799
5,835
375
495
51,167
2,204
34
120
10,805
31,439
Sale of investments
Sale of fixed assets
Loans received
Total receipts
31,439
10,805
42,249
51,167
Payments
Raising funds
Charltable activitles
Investment cost
Other
255
9,511
255
42,664
219
31,526
33,153
33,153
9,766
42,919
31,745
Purcha* of investments
Purchase of fixed assets
Loan repayments
Total payments
33,153
9,766
42,919
31,745
Net receiptsl(payments)
Transfers belmeen funds
Net movement in funds
Funds brought forward
Funds carried forward
(1,714)
1,039
(670)
19,422
(1,714)
83,894
82,180
1,039
46,123
47,162
(670)
140,970
140,300
19,422
121,548
140,970
10,953
10,958
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Presbyter
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TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND
srATEMENT OF ASSETS AND LIABILrrIES
AS AT 31 DECEMBER 2022
UNRESTRICTED
REsfRICTED
ENDOWMENT
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
2022
2021
Funds Reconcillation
Bank & cash at start of year
Net movement in funds
Bank & cash at end of year
83,894
(1,714)
82,180
46,123
1,039
47,162
10,953
140,970
(670)
140,300
140,970
19,422
160,392
10,958
Bank & cash balances
Bank deposit accounts
Bank current accounts
Cash in hand
61,798
78,502
61,759
79,211
140,300
140,970
Other assets
Fixed assets - note 9
Church Premises
Flxbjres, Fittings & Equipment
- Vehicles
Gift Aid retrivable on donations
3,950,540
58,351
3,726,924
56,166
4,850
4,013,741
3,933
3,787,023
Liabilities
Loans (interest f￿e)
Approved by the Interim Session at a meeting on 29 May 2023 and signed on its behalf by
Rev. Trevor Boyd
Mr Jim Davison

Presbyter
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TOBERMORE PRESBYTERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN 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 provision in The Charities (Accounts and Reports
Regulations (Northern Ireland) 2015 to prepare its accounts on a receipts and payments
basis.
FUND ACCOUNTING
Endowment funds are funds, the capital of whlch 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 pla￿.
Restricted funds comprise (a) income from endowments which is to be expended only
on the restricted purposes intended by the donor and (b) revenue donation5 or grants
for a specific congregational activity intended by the donor. whe￿ these funds have
unspent balances, interest on their pooled investment is apportioned to the individual
funds on an average balan￿ 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 & LEGACIES
UNRESTRICTED
REsfRIcfED
ENDOWMENT
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
2022
2021
Recorded giving
Loose collections
Donations and gifts
Gift Aid
Legacies & bequests
22,290
3,173
665
4,322
4,040
2,236
1,460
736
26,330
5,409
2,125
5,058
25,990
3,338
9,260
3,075
30,450
8,472
38,922
41,663
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Presbyter
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TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 DECEMBER 2022
CHARITABLE AcrIvrrIES
UNREsfRlCTED
RESTRicfED
ENDOWMENT
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
2022
2021
Income from charitable
activities
Fees from weddings &
funerals
Fundraising events
955
955
2,799
955
955
2,799
OTHER TRADING ACTIvrrIES
UNREsfRIcfED
REsfRIcfED
ENDOWMENT
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
2022
2021
Letting of premises/land
Trading income
2,204
2,204
5,835
2,204
2,204
5,835
INVESTMENT INCOME
UNRESTRICTED
RESTRIcfED
ENDOWMENT
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
2022
2021
Deposit interest
General investment fund
Other investment income
34
48
375
34
48
375
OTHER INCOME
UNREsfRICTED
REsfRicfED
ENDOWMENT
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
2022
2021
Insurance claims
Other income
120
120
120
120
495
495
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TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 DECEMBER 2022
RAISING FUNDS
UNRESTRIcfED
RESTRICTED
ENDOWMENT
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
2022
2021
FWO envelopes
Fundraising events
255
255
219
255
255
219
CHARITABLE ACTIVITIES
UNREStRICTED
RESTRICTED
ENDOWMENT
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
2022
2021
General Assembly
Assessments
Presbytery fees
Ministry & support
staff costs
Congregational running
expenses
Donations to missions
& charities
Governance costs
1,663
158
1,663
158
1,769
158
19,108
19,108
13,553
11,524
6,264
17,788
14,428
500
200
33,153
3,247
3,747
200
42,664
1,440
178
31,526
9,511
FIXED ASSETS
The congregation owns the church premises situated at 38 Main Street, Tobermore and manse
at 6 Magherafelt Road, Toberrnore and the associated fixtures, fittings, plant and machinery.
These have an insurance value of £4,008,891.
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Presbyter
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TOBERMORE PRESBYfERIAN CHURCH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 DECEMBER 2022
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FUND BALANCES
FUND
BALANCE
RECEIPTS
PAYMENT SURPLUSI TrANSFER
(DEFICIT)
BALANCE
AT sfART
AT END
Unrestricted funds
General account
83,894
83,894
31,439
31,439
33,153
33,153
(1,714)
(1,714)
82,180
82,180
Restricted funds
Building repairs &
maintenance
United Missionary appeal
Outreach
Sunday School
38,954
243
221
6,705
46,123
6,838
1,596
1,677
694
10,805
4,261
1,589
1,658
2,258
9,766
2,577
41,531
250
240
5,141
47,162
19
(1,564)
1,039
Endowment funds
Bequest fund
10,953
10,953
10,958
10,958
Total
140,970
42,249
42,919
(670)
140,300
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