an
MOLESWORTH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF FINANCIAL AcfiviTIES
for the year ended 31 December 2022
Note
Unrestricted
Funds
Restricted
Funds
Total
2022
Total
2021
Receipts
Donations and legacies
Charitable activities
Other trading activities
Investment Income
Other
128224
1305
72245
5043
200469
6348
189048
2105
426
2556
135
300
561
2856
455
520
Total Reteipts
132511
77723
210234
192128
Payments
R3i5ingfunds
Charitable activities
Investment costs
Other
109119
57749
166868
141542
Total Payments
109119
57749
166868
141542
Net receipts / (payments)
Transfers between funds
23392
1384321
19974
38432
43366
50586
Net movement in funds
Funds brought forward
115040)
39980
58406
11029191
43366
1629391
50586
11135251
Funds carried forward
12
24940
1445131
1195731
(62939)

an
MOLESWORTH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
STATEMENT OF ASSEfs AND LIABILITIES
As at 31 December 2022
Unrestrirted
Funds
Restricted Total Funds Total Funds
Funds
2022
2021
Funds Reconciliation
Bank and Cash at start of year
Net movement in funds
39980
115040)
11029191
58406
{629391
43366
1113525)
50586
Bank and Cash at end of year
24940
{445131
{195731
162939)
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
27269
47012
27269
71952
37309
167067
157
24940
99221
204533
Other Assets
Fixed Assets- Note 10
Church Premises
Fixtures, Fittings & Equipment
Vehicles
Investments- Note 11
Gift Aid receivable on donations
2847050
2847050
29437
29437
2876487
2876487
Liabilities
Loans
Danske Bank Loan
Other
118794
267472
118794
267472

an
MOLESWORTH CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
NOTESTOTHE ACCOUNTS
31 December 2022
ACCOUNTING POLICIES
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 (al 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 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
Total
2022
Total
2021
Recorded giving: Freewill Offering
Loose collections
Donations and gifts
Gift Aid
Legacies and bequest
70215
1628
24977
31404
64960
1218
4967
iioo
135175
2846
29944
32504
135937
1441
18771
32899
128224
72245
200469
189048

an
MOLESWORTH CONGREGATION OF THE PREsB￿ERIAN CHURCH IN IRELAND
NOTES TOTHE ACCOUNTS
31 December 2022
CHARITABLE AcfiviTIES
Unrestritted
Funds
Restricted
Funds
Total
2022
Total
2021
Income from charitable activities
Fees from weddings and funerals
Fundraising events
Membershipfees
Grants & VAT Refunds
1305
763
150
2068
150
loo
930
3200
930
3200
2005
1305
5043
6348
2105
4. OTHER TRADING AcfiviTIES
Unrestrirted
Funds
Restricted
Funds
Total
2022
Total
2021
Letting of premises
Trading income
INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Total
2022
Total
2021
Deposit interest
General Investment Fund
Rents investment properties
Other investment income
Other Bank Interest
Education Board of Tyrone Interest
61
61
68
68
404
28
68
352
31
398
28
426
135
561
455

an
MOLESWORTH CONGREGATION OF THE PRESBYtERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2022
OTHER INCOME
Unrestrirted
Funds
Restricted
Funds
Total
2022
Total
2021
Use of Hall & Church
Other income
375
2181
375
2481
200
320
300
2556
300
2856
520
RAISING FUNDS
Unrestricted
Funds
Restricted
Funds
Total
2022
Total
2021
FWO envelopes
Fundraising events
CHARITABLE AcfiviTIES
Unre5trirted
Funds
Restricted
Funds
Total
2022
Total
2021
General Assembly Assessments
Presbytery fees
Ministry and support staff costs
Congregational running expenses
Donations to Missions and charities
Governance costs
20557
20557
20077
53812
29583
5167
53812
49259
43240
52026
42255
27184
19676
38073
109119
57749
166868
141542

an
MOLESWORTH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
31 December 2022
OTHER EXPENDITURE
Unrestricted
Funds
Restricted
Funds
Total
2022
Total
2021
Building expenses
10. FIXED ASSETS
The congregation owns the Church premises situated at Molesworth Road, Cookstown, the adjoining
Church hall, the former manse and the associated fixtures, fittings, plant and machinery. In addition the
Church owns a manse at Coolreaghs Road, Cookstown. These have an insurance value of £2,847,050.
11. INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation.
2022
2021
General Investment Fund
Property
Other investments
29437
29437
29437
29437

an
MOLESWORTH CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (convd)
31 December 2022
12. FUND BALANCES
Fund
Balance at
start
Receipts
Payment
Surplus /
(Deficit)
Transfer Balance at
end
Unrestricted Funds
No. l Account
39980
132511
109119
23392
138432)
24940
39980
132511
109119
23392
(384321
24940
Restricted Funds
Bank of Ireland - Deposit Account
Renovation Fund
Property/Building Fund
Bridging Loan Account
Presbyterian Women
Boys Brigade & Girls Brigade
Sunday School
Youth Fellowship
Smalltalk
Missionary Fund
United Appeal
General Missions Fund
Presbyterian Children's Society
Maud Kells Trip
Ukraine Appeal
33787
39173
75826
{267472)
434
4816
4662
1229
862
3764
18697
8157
35585
18697
3966
35585
{100921
{491
1480
1191)
191
{1241
(2766)
1105151
122001
1897)
192131
136981
128736)
1135851
11045401
158770
23748
29554
6871
{118794)
385
6296
4471
1220
738
998
4191
10092
1931
4826
559
429
124
9074
10515
2200
897
9213
3698
1882
6306
368
420
6308
10515
2200
897
9213
3698
{102919)
77723
57749
19974
38432
1445131
Total
{629391
210234
166868
43366
1195731