DRUMLEGAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL ACTIVITY {Receipts and Payments Account)
FOR THE YEAR ENDED 31 DECEMBER 2023
UNRESTRicfED RESTRICTED ENDOWMENT TOTAL
FUNDS
FUNDS
FUNDS
2023
TOTAL
2022
NOTE
RECEIPTS
Donations and legacies
Charitable activities
Other trading activities
Investment income
Other
52,653
8,553
65.363
61,206
65,363
57,918
51,728
795
820
54,268
795
1,003
378
128,367 110,843
819
183
74,099
Sale of Investments
Sale of f ixed assets
Loans received
TOTAL RECEIPTS
54,268
74,099
128,367 110,843
PAYMENTS
Raising fund5
Charitable activities
Investment costs
Other expenditure
406
43,937
406
66.111
406
52,426
22,174
44,343
22.174
66,517
52,832
Purchase of Investments
Purchase of fixed assets
Loan/OD repayments
44,718
45,000
45,000
TOTAL PAYMENTS
44,343
67.174
111,517
97,550
Net receipts/payments
Transfers between funds
9,925
6,925
16,850
13,293
Net movement in funds
9,925
6,925
16,850
13,293
Funds brought forward
79,537
20,559
58,978
45,685
Funds carried forward
12
89.462
13,634
75,828
58,978

DRUMLEGAGH CONGREGATION OF THE PRESBITERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
UNRESTRICTED RESTRICTED ENDOWMENT
FUNDS
FUNDS
FUND5
TOTAL
2023
TOTAL
2022
NOTE
FUNDS RECONCILATION
Bank and cash at start ofyear
Net movement in funds
79.537
9,925
20.559
6,925
58,978
16,850
45.685
13,293
Bank and cash at end of year
89.462
13.634
75,828
58.978
BANK AND CASH BALANCES
Bank deposit accounts
Bank current accounts
Cash in hand
102,582
121,811
102,582
121,811
OTHER ASSETS
Fixed assets
Church, prernises
Fixtures, fittings, equipment
Vehicles
Investment5
li
Gift aid receivable on donations (not included above)
io
114.385
14,403
128,788
104,305
13,701
118,006
LIABILITIES
Loans
Other
56,754
137,834
56.754
137,834
Approved by the Kirk Session at a meeting on 14 May 2024 and signed on its behalf by
REVJONA THAN COWAN
MR MAURICESURPLIS
Revjonathan Cowan
Mr Maurice Surphlis
Date: 7 October 2024
Date- 7 October 2024

DRUMLEGAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
I ACCOUNTING POLICIES
BA515 OF FINANCIAL STATEMENTS
As the total income of the congregation is less than £250,000 the congregation have elected in
accorda nce with the provisions in The Charities (Accounts and Reports Regulations INorthern Ireland)
2015 to prepare its accounts 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 f rom 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 {a} income from endowments which is to be expended only on the
restricted purposes intended by the donor and Ib) 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 LEGACIE5
UNRESTRicfED RESTRICTED ENDOWMENT TOTAL
FUNDS
FUNDS
FUNDS
2023
TOTAL
2022
Recorded giving:
Loose collections
Donations and gifts
Gift Aid
Legacies and bequests
1,089
43,691
6,944
929
1,089
43,691
15,114
1,312
979
39,813
15,768
1,358
8.170
383
52,653
8,553
61,206
57,918

DRUMLEGAGH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
3 CHARITABLE AcfiviTIES
UNRESTRICTED RESTRICTED ENDOWMENT TOTAL
FUNDS
FUNDS
FUNDS
2023
TOTAL
2022
Income from charitable activities
Fees from weddings and funerals
Fundraising events
Membership fees
Other donation5
Grants
8,116
1,495
47,947
8,116
1,495
47,947
8,338
2,780
40,610
7,805
7,805
65,363
65,363
51,728
4 OTHER TRADING ACTIVITIES
UNRESTRicfED RESTRICTED ENDOWMENT TOTAL
FUNDS
FUNDS
FUNDS
2023
TOTAL
2022
Letting of premises
Trading income
5 INVESTMENT INCOME
UNRESTRicfED RESTRICTED ENDOWMENT TOTAL
FUNDS
FUNDS
FUNDS
2023
TOTAL
2022
Deposit interest
General Investment Fund
Rent5 investment properties
Other investment income
795
795
819
795
795
819
6 OTHER INCOME
UNRESTRICTED RESTRICTED ENDOWMENT TOTAL
TOTAL
FUNDS
FLINDS
FUNDS
2023
2022
Insurance claims
Other income
820
183
1,003
378
820
183
1,003
378

DRUMLEGAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
7 RAISING FUNDS
UNRESTRICTED RESTRICTED ENDOWMENT TOTAL
FUNDS
FUNDS
FUNDS
2023
TOTAL
2022
FWO Envelopes
Fundraising events
406
406
406
406
406
406
8 CHARITABLE AcfiviTIES
UNRESTRicfED RESTRICTED ENDOWMENT TOTAL
FUNDS
FUNDS
FUNDS
2023
TOTAL
2022
General Assembly Assessments
Presbytery fees
Ministry & support staff costs
Congregational running expenses
Donations to Missions and
Charities
Governance costs
Loan interest
6,083
336
6,083
336
17,189
26,926
5,743
309
16,900
14,760
16,806
19.732
383
7,194
500
480
10.151
10,651
480
4,446
66,111
10.922
4.446
22.174
3.792
52,426
43,937
9 OTHER EXPENDITURE
UNRESTRicfED RESTRICTED ENDOWMENT TOTAL
FUNDS
FUNDS
FUNDS
2023
TOTAL
2022
Investment property expenses
10 FIXED ASSETS
The congregation owns the Church premises situated at 30 Drumlegagh Church Road, incorporating the
church and the car park, and 2 Archill Road, being the church hall, along with the associated fixtures,
fittings, plant and machinery. These have an insurance value of £1,576.832.
11 INVESTMENTS
The congretation has the following investments. Amounts are shown at market valuation
2023
2022
General Investment Fund
114.385
104,305
114,385
104,305

DRUMLEGAGH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
12 TRANSACTIONS WITH TRUSTEES
One Trustee is a director of a local business from which the church purchased goods during the
year at normal market prices to the value of £2. Another Trustee was paid £30 for pulpit supply,
while another is the church cleaner and received £1.640 for the service provided. The minister
was paid £1,529 for ministeral expenses and manse repairs. He also received £383 being income
from bequest investments.
13 GOVERNANCE COSTS
Governance cost5 of £480 were incurred during the year ended 31 December 2023
which relate to fees paid to the Independent Examiner of the Church accounts.
14 FUND BALANCES
Balance
at start
Op Bal
Adjust
Gain/
(loss)
Balance
at end
FUND
Receipts Payment
Unrestricted Funds
General account
Presbyterian Mutual
79,537
54,268
44,343
89,462
79,537
54,268
44,343
89,462
Restricted Funds
Building/property
pw
General investment fund
20,559
69,908
4,191
64,600
2,574
15,251
1,617
10.080 114,385
104,305
83,746
74,099
67,174
10,080 100,751