an CASTLEDAWSON CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2023 Note Unrestricted Funds Restricted Endowment Funds Funds Total 2023 Total 2022 Receipts Donations and legacies Charitable activities 116253 64428 11067 180681 11067 155142 11956 Investment Income 206 87 293 183 Other Income 4763 12865 17628 18442 Total Recelpts 121222 88447 209669 185723 Payments Raising funds Charitable activities Investment costs Other 692 125181 692 147294 890 153042 22113 15357 15357 24878 Total Payments 125873 37470 163343 178810 Net receipts / (payments) Transfers between funds (4651) 479 50977 (477) 46326 6913 Net movement in funds Funds brought forward (4172) 31735 50500 46328 6913 64482 96217 89304 Funds carried forward 12 27563 114982 142545 96217 10
Presbyter an CASTLEDAWSON CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2023 Unrestricted Funds Restrirted Endowment Funds Funds Total Funds 2023 Total Funds 2022 Funds Reconciliation Bank and Cash at start of year Net movement in funds 31735 (4172) 64482 50500 96217 46328 89304 6913 Bank and Cash at end of year 27563 114982 142545 96217 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 1672 670 140873 95547 142545 96217 Other Assets Fixed Assets - Note 9 Church Premises Church Halls Church Manse Additional Dwelling Investments- Note 10 919357 919357 937744 460760 220000 937744 460760 220000 2537861 2537861 Llabllities Loans for Property Purchase Approved by the Kirk Session at a meeting on16-09-21 and signed on its behalf by [Name] [Date] Jo- lo-zk [Date] 11
an CASTLEDAWSON CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 Dember 2023 ACCOUNTING POUCIES BASIS OF FINANCIAL STATEMENTS As the total income of the congregation is less 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 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 Unrestricted Funds Restrirted Endowment Funds Funds Total 2023 Total 2022 Recorded giving: Loose collection5 Donations and gifts Gift Aid 3752 87576 6959 57469 10711 145045 10941 123171 24925 24925 21030 Legacies and bequest 116253 64428 180681 155142 12
an CASTLEDAWSON CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2023 CHARITABLE ACTIVITIES Unrestricted Fund5 Restrlcted Endowment Funds Funds Total 2023 Total 2022 Income from charitable activities Fees from weddings and funerals Fundraising events Membership fees Grants 1335 1335 325 3852 3852 5460 3080 2800 3080 2800 3771 2400 11067 11067 11956 4. INVESTMEMf INCOME Unrestricted Funds Restricted Endowment Funds Funds Total 2023 Total 2022 Deposit Interest 206 87 293 183 206 87 293 183 5. OTHER INCOME Unrestricted Funds Restricted Endowment Funds Funds Total 2023 Total 2022 Other Loans 4763 12865 17628 18442 Repayments 4763 12865 17628 18442 13
an CASTLEDAWSON CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {conVd) 31 December 2023 RAISING FUNDS Unrestricted Funds Restricted Endowment Funds Fund5 Total 2023 Total 2022 FWO envelopes Fundraising events 692 692 890 692 692 890 CHARITABLE ACTIVITIES Unrestrirted Funds Restrirted Endowment Funds Funds Total 2023 Total 2022 General Assembly Assessments Presbytery fees Ministry and support staff costs Congregational running expenses Donations to Missions and cha rities 16302 16302 15763 623 53151 623 53151 623 49091 32500 22605 12522 9591 45022 32196 51505 36060 Governance costs 125181 22113 147294 153042 14
an CASTLEDAWSON CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTESTO THE ACCOUNTS (cont'd 31 December 2023 OTHER EXPENDITURE Unrestrirted Funds Restricted Endowment Funds Funds Total 2023 Total 2022 Other Costs Loan Repayments 15357 15357 10878 14000 15357 15357 24878 FIXED ASSETS The congregation owns the Church premises and Manse situated at Main Street, Castledawson. These together with the associated fixtures, fittings and equipment have a combined insurance value of £2,317,861 at last renewal date. 10. INVESTMENTS The congregation has no investments. 15
an CASTLEDAWSON CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {conVd) 31 December 2023 11. FUND BALANCES Fund Balanc eat Receipts Payment Surplus / Transfer (Deficit) Balance at end start Unrestricted Funds No l Account 31735 121222 125873 (4651) 479 27563 31735 121222 125873 (4651) 479 27563 Restrirted Funds No 2 Account 45679 21094 3748 17346 2200 {8636) 1000 1038 1824 65225 Missions Focus Group Boys Brigade Girls Brigade PW Account Friendship Group Prayer Fellowship Sunday School Vision 670 9638 9638 (492) {304) (2317) {601) {230) {169) {674) 28780 1672 411 4968 3543 3385 6118 2623 1120 6507 229 34190 4035 3689 8435 3224 1350 6676 903 5410 919 5702 6819 506 1682 1589 2088 28780 7312 1107 412 1758 2165 1500 597 64482 88447 37470 50977 (477) 114982 Endowment Funds Tota I 96217 209669 163343 46326 142545 16