Presbyter
an
FIRST COOKSTOWN CONGREGATION OFThE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL AcfiviTIES
for the year ended 31 December 2023
Note
Unrestrirted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Receipts
Donations and legacies
Charitable activities
Other trading activities
Investment Income
Other
133627
6(MJ
34943
29181
168570
29781
164647
799
4764
421
1220
4764
177
975
Totsl Receipts
139790
64545
204335
165799
Payments
Raising funds
Charitable activities
Property Expenses
889
119054
889
163575
25203
889
154008
1440
44521
25203
Totsl Payments
119943
69724
189667
156337
Net receipts / (payments)
Transfers between funds
19847
(23929)
15179)
23929
14668
9462
Net movement in funds
Funds brought forward
{40821
77428
18750
30337
14668
149467
9462
140CK]5
41702
Funds carried forward
12
73346
49087
41702
164135
149467

Presbyter
an
FIRST COOKSTOWN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF A55Efs AND LIABILITIES
As at 31 December 2023
Unrestricted
Funds
Restricted
Funds
Endowment Total Funds Total Funds
Funds
2023
2022
Funds Reconciliation
Bank and Cash at start of year
Net movement in funds
77428
{40821
30337
18750
107765
14668
98303
9462
Bank and Cash at end of year
73346
49087
122433
107765
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
2377
46585
125
2377
119931
125
889
106876
73346
122433
107765
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 20 February 2024 and signed on its behalf by
6D
fI￿l4£[L
10

an
FIRST COOKSTOWN CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMEKrs
As the total income of the congregation is less than £250,(X)O the congregation have elected in
accordance with the provisions in The Charities (Accounts and Reports Regulation5 (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 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 {b) 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.
DONATIONS AND LEGACIES
Unrestrirted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Recorded giving
Loose collections
Donations and gifts
Gift Aid
Legacies and bequest
102959
2524
1456
21028
4303
2620
6992
123987
6827
4076
32996
117533
2242
14807
29171
894
133627
34943
168570
164647
11

an
FIRST COOKSTOWN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
31 December 2023
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Income from charitable activities
Membership fees & Grants
22389
6792
22389
7392
6(M)
29181
29781
4. OTHER TRADING AcfiviTIES
Unrestricted
Funds
Restrirted
Funds
Endowment
Funds
Total
2023
Total
2022
Letting of premises
INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Deposlt interest
General Investment Fund
Rents investment properties
781
277
144
1058
144
18
161
18
16
799
421
1220
177
12

an
FIRST COOKSTOWN CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND
NOTESTO THE AccouKfs (cont'd)
31 December 2023
OTHER INCOME
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Magazines
Heat & Light Contribution
Other income
824
3940
824
3940
685
290
4764
4764
975
RAISING FUNDS
Unrestrirted
Funds
Restrfcted
Funds
Endowment
Funds
Total
2023
Total
2022
FWO envelopes
889
889
889
889
889
889
CHARITABLE AcfiviTIES
Unrestrirted
Funds
Restrlrted
Funds
Endowment
Funds
Total
2023
Total
2022
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Congregational running expenses
Donations to Missions and charities
10809
742
83049
24454
10809
742
83049
45470
23505
11759
742
78803
40721
21983
21016
23505
119054
44521
163575
154008
13

an
FIRST COOKSTOWN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE AccouKfs (convd)
31 December 2023
OTHER EXPENDITURE
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
2023
Total
2022
Property expenses
25203
25203
1440
25203
25203
1440
10. FIXED ASSErs
The congregation owns the Church premises, Halls and Former Manse situated at Loy Hill. Cookstown,
and the associated fixtures, fittings, plant and machinery. These have an insurance value of £3,581,021.
In addition, the con8regation 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.
2023
2022
General Investment Fund
GB Crooks Bequest Investment
Progressive Building Society
Glasgow Bequest Investment
13542
2000
25120
1040
13542
20LM)
25120
1040
41702
41702
14

Presbyter
an
FIRST COOKSTOWN CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2023
12. FUND BALANCES
Fund
Balance at
start
Receipts
Payment
Transfer
Surplus / Balance at
(Deficit)
end
Unrestricted Funds
No. l Account
77428
139790
119943
(239291
{4082)
73346
77428
139790
119943
(239291
{4082)
73346
Restrlrted Funds
No. 2 Account
Investment, Building & Manse
Bowling Club
Sunday School & Bible Class
pw
Youth Fellowship
Friends at First
Scout Group
United Appeal
Charity / Missions
12105
11249
1163
82
3927
897
914
24858
15900
1483
429
5150
10198
25207
1159
250
7471
(10634)
2(K)00
4026
10693
324
179
(2321)
16131
21942
1487
261
1606
897
1513
5250
3(K)5
13720
599
5250
8470
10634
3929
10634
3929
30337
64545
69724
23929
18750
49087
Endowment Funds
Gener31 Investment Fund
GB Crooks Bequest Investment
Progressive Building Society
Glasgow Bequest Investment
13542
2￿0
25120
1040
13542
2000
25120
1040
41702
41702
Total
149467
204335
189667
14668
164135
15