an CASTLEDAWSON CONGREGATION OF THE PRES8ERlAN CHURCH IN IRELAND STATEMENT OF FINANCIAL AcfiviTY (Recelpts and Payments Account) for the year ended 31 December 2020 Note Unrestricted Funds Restricted Funds Endowment Funds Total 2020 Total 2019 Receipts Donations and legaties Charitable activities 105520 50913 156433 162617 7489 7489 12399 Investment Income 14 14 230 Other Income 9662 12511 22173 63353 Total Receipts 115182 70927 186109 238599 Payments Raisin8 funds Charitable activities Investment Costs Other 570 112403 570 140456 625 141810 28053 37QM) 25750 29450 156101 Total Payments 116673 53803 170476 298536 Net receipts / Ipaymentsl Transfers between funds 114911 3089 17124 159631 15633 128741 1599371 1511 Net movement in funds Funds brought fOard 1598 11161 12759 1599881 106029 29616 16425 46041 Funds carried forward 12 31214 27586 58800 46041 io
an CA5TLEDAWSON CONGREGATION OF THE pRE5BERIAN CHURCH IN IRELAND STATEMENT OF ASS5 AND LIABILITIES As at 31 December 2020 Unrestricted Funds Restrirted Funds Endowment Total Funds Total Funds Funds 2020 2019 Funds Reconclllation Barik and Cash at start of year Net movement in funds 29616 1598 16425 11161 46041 12759 106029 1599881 Bank and Cash at end of year 31214 27586 58800 46041 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 3777 4231 55023 41810 5881X> 46041 Other Assets Fixed A5sets- Note 9 Church Premises 919357 919357 Church Halls Church Manse Additional Dwelling Investments- Note 10 937744 460760 22CKKJO 937744 460760 22WOO 2537861 2537861 tiabilities Loans for Property Purchase 61738 Approved by the irk Session at a meeting on16-09-21 and signed on its behalf bv [Namel [Datel 27-10-L( IDatel CASTLEDAWSON CONGREGATION OF THE PRES8YfERIAN CHURCH IN IRELAND li
an NOTES TO THE ACCOUNTS 31 December 2020 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total income of the congregation is les5 than £250,000 the congregation have elected in accordance with the provisions in The Charities IAccounts and Reports Regulations {Northern Ireland) 2015 to prepare its accounts on a receipt5 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 (al Income from endowments which is to be expended only on the restricted purposes intended by the donor and Ibl 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. Unrestrlcted 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 Restrlcted Funds Endowment Funds Total Total 2019 2020 Recorded giving.. Loose collections Donations and gifts 4008 75098 4052 46861 8060 121959 15745 129255 Gift Aid 22558 22558 17438 Legacies and bequest 3856 3856 179 105520 50913 156433 162617 CAStLEDAWSON CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 12
an 31 December 2020 CHARITABLE ACTIVITIES Unrestricted Funds Restrlcted Funds Endowment Totsl 2020 Totsl 2019 Funds Income from charitable activitie5 2571 2571 3274 Fees from we(Idings and funerals Fundraising events Membership fees Grants 3063 3063 5187 475 1380 475 1380 2858 1080 7489 7489 12399 INVESTMENT INCOME Unrestricted Funds Restrftted Funds Endowment Total 2020 Total 2019 Funds Deposit Interest 14 14 230 14 14 230 OTHER INCOME Unrestrirted Funds Restrlcted Funds Endowment Total 2020 Funds Total 2019 Other 7017 12511 19528 10353 Loans 5301K) Repayments 2645 2645 9662 12511 22173 63353 CASTLEDAWSON CONGREGATION OF THE PRESBERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (convd) 31 December 2020 13
an RAISING FUNDS Unrestrlcted Fund5 Restrlcted Funds Endowment Total 2020 Total 2019 Funds FWO envelopes Fundraising events 570 570 625 570 570 625 CHARITABLE AcrivrFIES Unrestrirted Funds Restricted Funds Endowment Totsl 2020 Funds Total 2019 General Assembly Assessments Presbytery fees Ministry and support staff costs Congregational running expenses Donation5 to Mission5 and charities 18307 18307 18627 831 44520 831 44520 831 47438 27255 21490 21757 6296 49012 27786 44741 30173 Governance costs 112403 28053 140456 141810 CASTLEDAWSON CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {conVd) 31 December 2020 14
an OTHER EXPENDITURE Unrestricted Funds Restrlrted Funds Endowment Total 2020 Funds Totsl 2019 Other Cost5 Loan Repayments 3700 750 25000 4450 8354 147747 37 25750 29450 156101 FIXED ASSErs The congregation owns the Church premises and Manse situated at Main Street, Castledawson. These together with the asstxiated fixtures, fittings and equipment have a combined insurance value of £2.317,861 at last renewal datel, 10. INVESTMENTS The congregation has no investments. 15
an CASTLEDAWSON CONGREGATION OF THE PREsBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (ront'd) 31 December 2020 11. FUND BALANCES Fund Balance at start Receipts Payment Surplus I {Deficit) Transfer Balance at Unrestricted Funds No l Account 29616 115182 116673 114911 3089 31214 29616 115182 116673 114911 3089 31214 Restritted Funds No 2 Account 6844 44470 42031 2439 116501 1121751 7633 Missions 4231 11721 11721 3777 FocLbS Group Boys Brigade Glrls Brigade Good News Club PW Account Catering Committee Friendship Group Prayer Fellowship Sunday School Loan 301 1258 70 2010 231 11611 13501 119011 15141 241 13 105 12671 1761 2073 140 2360 908 3766 4744 100 1614 250 150 3267 255 2276 2844 613 1373 237 45 3535 331 203 747 6413 931 661 824 879 932 4488 420 811 324 1200 4564 187381 450 6665 16425 70927 53803 13323 159631 27586 Endowment Funds Total 46041 186109 170476 11832 128741 58800 16