STRABANE CONGREGAMON OF THE PRE58YTERIAN CHURCH IN IREiAND." 5TATEMENf OF FINANCIAL AcfiviTY (ReINts and Payments Attount) for the year end¢d 31 Dettmber 2019 Note Unrestrl¢ted Restrf¢ted Ernlowment Total Total Funds Fund$ 2019 2018 Retelpts Donations and legacies Charitsble acUvStles 47239.Ci) 15348.69 62587.69 90.308.32 27404. 8629.00 36,033.Lil 38,454.54 Other tr4dlng attivkles Investment Income S283.41 1283,9Q 656731 Other . Y9,926AI 25261S9 .. 305,1•.QO 18W3.77 &ale.of In¥estrn•nts SAle of fxed assets loans Recelved 79.926.41 ts64S9.77: :": ftalsln8 funds Charltabfè actfvlies 73,855.79 84615,79 9Q248.63 ,.. . . Invèstment costs Other . Purchase,of Invpstm¢rrts , Purthase offixe44ssets , . Loan Repawnents 84*.39 gOW63
Net receipts / (payments) 6,922.00 (2,1261 Transfers between fund5 Net movement In funds f70 12,126) Funds brought forward 10557 84586.66 Funds carrfed forward 12 16627.45 82,888
STRABAI4E CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND srATEMENT OF ASSETS AND UABIUTIES As at 31 De¢ember2019 Unrestiicled Restricted Funds Endowment Total Funds Total Funds 2019 20L8 Funds Recfjndrth Bank and Cash at Stsrt ofyear '. Net movement In funds 10,556.58 7S,868 6070.87 (21261 5,020.58 171.85 Bank and Cash at end of year 16.627 82.888 95,143.24 84031 16.627 82,888 a•hk & cash Bgla Sank Deposit*o)unts ' . Bank CurrentAcounts . Casb In HaThl 16,627 82,88È Other Assots Flxed Assèts- Mote 10 Churth Premlses Fixture4 Flttings & Equipment Vehide5 lTrrfestments"" General.Inyestment hjnd 256.835 241,729 Glft Aid recefvable OD donations 9732 LlabiNtlts , ns
Other Appri)ved bythe Klrk Session at a meetlng on 27 February 2020 and Signed on its behalf by Rev Mark Shaw Moderator Wllllam Watson (Clerk) STRA8ANt CONGREGATION OF THE PRESBYfERIAN CHURCH 114 IRELAND NOTESTOTHE ACCOUNTS 31 December 2019 ACCOUNTING POUCIES BASIS OF HNANCIALsfATEMENTS the total Income of the congregatton Is less than £250.(K)O the tongregation have eleeted in gttordante with the provisions in The Charldes (Atcounts and Reports Regulatlons {Northern Ireland) 2015 to prepare Its accounts on a receipts and payments basls. FUND ACCOUNTING Endoment funds are funds, the capltal of which must be retalned either permanently or at the congregatlDn's dls¢retion- the income derived from the endowment is to be used either as restricted or unrestrlcted income funds depending upon the purpose for which endowment was established Sn the first place. Restrfrted funds comprise lal income from endowments which is to be expended only on the re5trirted purp05es intended by the donor and Ibl revenue donations or grants for a specific congregatsonal artivity Intended by the donor. Where these funds have unspent balances, interest on their pooled Investment is Jpportioned to the indivldual funds on an average balance basls. Unrestricted fund5 are Income funds whieh Ère to be spent on the congregation's general purposes. Designated funds are general fund5 Set aside by the con8reEatlon for use in the future. DONATIONS AND LEGAaES Unre5trfrted ftestrieled Endowment Fund$ Funds Total Total 2018 2019
Recorded glvin* Loose collections 46.768.50. 46,768.50 470.7S 47,175.55 . Donations and glfts Glft Aid 470.75 479. 8.392 7464.04 7,464.04 9,732.IS Le8acSes and bequest o. 39,881.52 55.IA74 9537.41
STRABANE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2019 CHARITABLE AcfiviTIES Unre5trirted Fund5 Restricted Fund5 Endowment Total 2019 Total 2018 Funds Income from charitable artivities Fees from weddings and funerals Fundraising event5 4.847 Membership fees Grants OTHER TRADING AcfiviTIES Unrestrlcted Funds Restricted Funds Endowment Totsl 2019 Totsl 2018 Funds Letting of premises Trading income 5. INVESTMENT INCOME Unrestrlcted Funds Restrlcted Funds Endowment Totsl 2019 Funds Total 2018 Deposit interest General Investment Fund 6.447.33 6447.33 6,447.33
STRABANE CONGREGATION OF THE pREsBER1AN CHURCH IN IRELAND NOTES TO THE ACCOUNTS Iconvd) 31 Dewnber 2019 OTHER INCOME Unre5trlrted Funds Restrirted Fund5 Endowment Funds Totsl Total 2019 2018 Insurance claims Other income RAISING FUNDS Unrestricted Funds Restricted Funds Endowment Total 2019 Total 2018 Funds FWO envelopes 46768.50 46,768.50 47.175.55 Fundraising events 4.847.98 4847.98 9,641.72 46,768.50 4,847.98 CHARITABLE ACTIVITIES Unrestrlcted Funds RestTlcted Funds Endowment Total 2019 Funds Totsl 2018 General Assembly Assessments 12.058.00 12,058.00 11,892.50 Presbytery fees 642 642 590 Ministry and support staff costs 31,789 31789.QKI 40.225.97 Congregational running expenses 15169.10 15.169.10 15,468.88 Donatlons to Missions and charities 8.077.40 8.077.40 8,484.25
Governance costs 76058.20 76M1.F 79,768.11
STRABANE CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS Icont'dl 31 December 2019 OTHER EXPENDITURE Unrestrlcted Funds Restrlcted Fund5 Endowment Totsl 2019 Funds Total 2018 Investment propertles expenses 10. FIXED ASSETS The congregation owns the Church premises situated at laddres5 of propertyl and the associated fixtures, frttings. plant and machinery. These have an insurance value of £4,0(hJOOO.00 at last renewal date. 11. INVESTMENTS The congregation has the following investments. Amounts are shown at market valuation. 2019 2018 General Investment Fund 243,002.00 256.835.00 Property 4,LIJOCth.0 3,800,OC¥J. Other investments 4,243002.00 4,056.835.C
srRABANE CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {conVd) 31 December 2019 12. FUND BALANCES Fund Balance at start Receipts Payment Surplus / Transfer (Deficlt) Balance at end Unrestrirted Funds General 10556.58 79.926.66 73.855.79 6.070.87 16,628 10,556.58 79.926.66 73,855.79 6070.87 16,628 Re5trlcted Funds Building 73429.73 8916 {4.0681 69,362 pw 214.24 241 167 382 Sunday School 1383 30 30 1.413 Catering 3583 2704 1,487 1.217 Youth 1396 1.397 Bowling 3,408 469 iio 369 3.767 Badminton 426 426 Charlty 385. 390 Endowment Funds Totsl 84,225.40 8,466 10.755 (2,2791 81.937
' Statèmèntof assetsand Liabllftfes-VearEthd 31: Decemtr 2019, tash at bank & in.hafyl 31112118 lo5& 84,224 89,567 SUrplUdefIth , 3,945 afid wi2nox9,, 14627 'art.deposft balan¢es &..: ' Aonk Curr•Ata¢ .:; .;. 16,627