an BALLYNAHATfY & CREEVAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IREIAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2022 Unrestrlcted Funds Restrfcted Funds Endowment Funds Total 2022 Total 2021 Receipts Donations and le8acies Charitable activities Other trading activities Investment Income Other 20,798 3,452 24,250 24,324 185 221 102 287 221 492 5,583 Totsl Recelpts 21.204 3,554 24,758 30,399 Payfflents Raising funds Charitable activities Other 26,403 3,697 30,100 32,655 Total Payments 26,403 3,697 30,100 32,655 Net receipts / {payments} Transfers between funds {5,199) (4} (143} 15,3421 (2,256} Net movement in fund5 Funds brought forward 15,203) 13,813 (139) 30,054 (5,342) 43,867 (2,256) 46,123 Funds carried forward 12 8,610 29,915 38,525 43,867
Presbyter an BALLYNAHATfY & CREEVAN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABIUTIES As at 31 December 2022 Unrestrfrted Funds Restricted Funds Endowment Total Funds Total Funds Funds 2022 2021 Funds Reconclllatlon Bank and Cash at start of year Net movement in funds 13,813 (5,2031 30,054 (139) 43,867 {5,342) 46,123 {2,256) Bank and Cash at end of year 8,610 29,915 38,525 43,867 Bank & Cash Balances Bank Current Accounts Cash In Hand 38,525 43,867 38,525 43,867 Other Informatlon Investments- Note 11 15,243 16,545 Approved by the Kirk Session at a meeting on la IR signed on its behalf by Rev Clar e Deering Date 13 John Nevin 13 Date
an BALLYNAHArrY & CREEVAN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTESTOTHEACCOUNTS 31 December 2022 ACCOUNTING POUCIES BASIS OF FINANCIAL STATEMENTS As the total income of the congre8ation is less than £250,000 the congre8ation 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 basis. FUND ACCOUNTING Endowment funds are funds, the capital of whlch must be retained eFther permanently or at the con8regation'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 (a) income from endowments whlch is to be expended only on the restricted purposes intended by the donor and Ib) revenue donations or grants for a specific con8re8ational 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 basls. Unrestricted funds are income funds whlch are to be spent on the congregation's 8eneral purposes. Desi8nated funds are general funds set aside by the congregatlon for use in the future. DONATIONS AND LEGACIES Unrestrlcted Funds Restrlcted Funds Endowment Funds Total Total 2021 2022 Recorded glvlng: Loose collections Donations and 8ifts Gift Aid Legacies and bequest 17,159 269 1,266 18,425 269 1,765 3,791 17,627 583 2,550 3,564 1,765 421 3,370 20,798 3,452 24,250 24,324
an BALLYNAHArrY & CREEVAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 310ecember 2022 CHARITABLE ACTivrriES Unrestrlrted Funds Restrlrted Funds Endowment Total 2022 Total 2021 Funds Income from charitable activities Fees from weddings and funerals Fundraising events Membership fees Grants 4. OTHER TRADING ACTIVITIES Unre5trlcted Funds Restrlcted Funds Endowment Total 2022 Total 2021 Funds Letting of premises Trading income INVESTMENT INCOME Unrestrlcted Funds Restrfctsd Funds Endowment Total 2022 Total 2021 Funds Deposit interest General Investment Fund Rents investment properties Other investment income 26 159 26 261 18 474 102 185 102 287 492
an BALLYNAHATfY & CREEVAN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 OTHER INCOME Unrestrfrted Funds Restrlrted Funds Endowment Funds Total 2022 Total 2021 Insurance claims Other Income 221 221 5,583 221 221 5,583 RAISING FUNDS Unrestrlrted Funds Restrfcted Funds Endowment Total 2022 Total 2021 Funds FWO envelopes Fundraising events CHARITABLE AcfiviTIES Unrestrlcted Funds Restrfcted Funds Endowment Totsl 2022 Funds Total 2021 General Assembly Assessments Presbytery fees Ministry and support staff costs Congregational runnin8 expenses Donations to Missions and charities Governance costs 3,953 140 17,444 4,766 100 3,953 140 17,528 5,629 2,850 2,015 193 19,954 7,848 2,645 84 863 2,750 26,403 3,697 30,100 33,655
an BALLYNAHArrY & CREEVAN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (convd) 31 December 2022 OTHER EXPENDITURE Unrestrlrted Funds Restrlrted Funds Endowment Total 2022 Funds Total 2021 Investment properties expenses 10. FIXED ASSETS The con8regatlon owns the Church premises situated at Loughmuck Road, Omagh and the assoclated flxtures, fittings, plant and machinery. These have an insurance value of £810,997. 11. INVESTMENTS The congregation has the followlng investments. Amounts are shown at market valuation. The gain In the value of the Investments held with the General Investment Fund is a gain in the value of shares during 2020. As per guldelines from Church House (after receipt of information from PMS) the balance from PMS has been written off. 2022 2021 General Investment Fund 15,243 16,545 15,243 16,545
an BALLYNAHATfY & CREEVAN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (convd) 31 December 2022 12. FUND BALANCES Fund 8alance at start Surplus l Transfer (Deflclt) Recelpts Payment Balance at end Unrestrirted Funds General Fund 13,813 21,204 26,403 {5,199) {4) 8,610 13,813 21,204 26,403 (5,199} (4} 8,610 Restrirted Funds Property Fund Misslons and charities pw Treasury Stock Matured 22,723 1,055 759 5,517 909 2,080 565 863 2,334 500 46 1254) 65 22,769 805 824 5,517 30,054 3,554 3,697 {1431 29,915 Total 43,867 24,758 30,100 15,342) 38,525 The congregation has reviewed the basis on which it prepares Its accounts and in order that they a prepared on a strict recelpts and payments basis It has elimlnated from its fund balances any funds which are not held in bank or cash balances. Any other funds which the congregation hold, In particular investments are disclosed in the Statement of Assets and Liabilities.