FIRST COOKSTOWN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMEN I OF FINANCIAL ACTIVITIES
for the year ended 31 December 2022
Note
Unresrricted
Funds
Resiricted
Funds
riidowmenl.
Funds
Torai
2022
Toral
2021
Receipts
Donations and legacies
Charita ble activities
Other trading activities
Investment Income
Other
131869
32778
164647
147389
144
975
33
177
975
112
150
Total Receipts
132988
32811
165799
148685
Payments
Raising funds
Cha rita ble activities
Property Expenses
889
116183
889
154008
1440
889
157397
12874
37825
1440
Total Payments
117072
39265
156337
171160
Net receipts 1 Ipaymentsl
Transfers between funds
15916
(104881
164541
10488
9462
122475}
Net movement in funds
Funds brought forward
5428
72000
4034
26303
9462
122475}
162480
41702
140005
Funds carried forward
12
77428
30337
41702
149467
140005

FIRST COOKSTOWN CONGREGATION OF THE PREsB￿ERIAN CHURCH IN IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2022
Unrestricted
Funds
Restrirted
Funds
Endowment Total Funds Total Funds
Funds
2022
2021
Funds Reconciliation
Bank and Cash at start of year
Net movement in funds
72000
5428
26303
4034
98303
9462
122778
{24475}
Bank and Cash at end of year
77428
30337
107765
98303
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Account5
Cash in Hand
889
29448
889
106876
891
97412
77428
107765
98303
Other Assets
Fixed Assets- Note 10
Church Premises
Fixtures, Fittings & Equipment
Vehicles
Investments- Note 11
Gift Aid receivable on donations
41702
41702
41702
41702
41702
41702
Approved by the Church Committee at a meeting on 3rd kff.L 2023 and signed on its behalf by:
B. Donaghy (Congregational Treasurer)
B. Agnew
(Trusteel
10

FIRST COOKSTOWN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2022
ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
A5 the total income of the congregation is le5S 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 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 a5 restricted or
unrestricted income funds depending upon the purpose for which the endowment was established in
the fi rst place.
Restricted funds comprise la) 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 fund5 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
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2022
Total
2021
Recorded giving
Loose collections
Donations and gifts
Gift Aid
Legacies and bequest
96835
2242
7027
25071
694
20698
117533
2242
14807
29171
894
111869
1028
9224
22345
2923
7780
4100
200
131869
32778
164647
147389
11

FIRST COOKSTOWN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2022
CHARITABLE AcfiviTIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2022
Total
2021
Income from charitable activities
Membership fees & Grants
1034
1034
OTHER TRADING ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2022
Total
2021
Letting of premises
INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2022
Total
2021
Deposit interest
General Investment Fund
Rents investment properties
128
33
161
96
16
16
16
144
33
177
112
12

FIRST COOKSTOWN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2022
OTHER INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2022
Total
2021
Magazines
Heat & Light Contribution
Other income
685
290
685
290
150
975
975
150
RAISING FUNDS
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2022
Total
2021
FWO envelopes
889
889
889
889
889
889
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2022
Total
2021
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Congregational running expenses
Donations to Missions and charities
11759
742
78803
24879
11759
742
78803
40721
21983
11982
742
76475
49181
19017
15842
21983
116183
37825
154008
157397
13

FIRST COOKSTOWN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd}
31 December 2022
OTHER EXPENDITURE
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2022
Total
2021
Property expenses
1440
1440
12874
1440
1440
12874
10. FIXED ASSETS
The congregation owns the Church premise5, Halls and Former Manse situated at Loy Hill, Cookstown,
and the a55ociated fixtures, fittings, plant and machinery. These have an insurance value of £3,581,021.
In addition, the congregation owns a new manse at Moneymore Road, Cookstown with an insurance
value of £432,847.
11. INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation.
2022
2021
General Investment Fund
GB Crooks Bequest Investment
Progressive Building Society
Glasgow Bequest Investment
13542
2000
25120
13542
2000
25120
1040
1040
41702
41702
14

FIRST COOKSTOWN CONGREGATION OF THE PRESB￿ERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {cont'd)
31 December 2022
12. FUND BALANCES
Fund
Balance at
start
Receipts
Payment
Transfer
Surplus / Balance at
(Deficit)
end
Unrestricted Fund5
No. l Account
72000
132988
117072
1104881
5428
77428
72000
132988
117072
1104881
5428
77428
Restricted Funds
No. 2 Account
Investment. Building & Manse
Bowling Club
Sunday School & Bible Class
pw
Youth Fellowship
Friends at First
United Appeal
Charity/ Missions
9906
12674
1163
74
1589
897
25387
18
12838
1443
1103501
2199
114251
12105
11249
1163
82
3927
897
914
260
5347
252
3109
loo
2338
1799
685
10350
10588
{2001
10350
10588
914
26303
32811
39265
10488
4034
30337
Endowment Funds
General Investment Fund
GB Crooks Bequest Investment
Progressive Building Society
Glasgow Bequest Investment
13542
2000
25120
1040
13542
2000
25120
1040
41702
41702
Total
140005
165799
156337
9462
149467
15