an FIRST DROMARA CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2022 Note Unrestricted Restricted Endowment Funds Funds Funds Total 2022 Total 2021 Receipts Donations and legacies Charitable activities Other trading activities Investment Income Other 90,567.20 34,411.33 0.00 9,700.00 0.00 12.33 0.00 124,978.53 126,101.10 0.00 9,700.00 4,114.41 1,700.00 1,600.00 266.59 262.79 1,700.00 254.26 0.00 0.00 2,106.78 4,304.11 0.00 6,410.89 2,704.12 94,628.24 48,427.77 0.00 143,056.01 134,782.42 Sale of Investment5 Sale of fixed assets Loans Received Total Receipts 94,628.24 48,427.77 0.00 143,056.01 134,782.42 Payments Raising funds Charitable activities 754.73 0.00 0.00 754.73 712.71 93,700.32 48,420.61 0.00 142,120.93 129,702.31 Investment costs Other 0.00 0.00 0.00 0.00 0.00 94,455.05 48,420.61 0.00 142,875.66 130,415.02 Purchase of Investments Purchase of fixed assets Loan Repayments Total Payments 94,455.05 48,420.61 0.00 142,875.66 130,415.02 Net receipts / (payments) Transfers between funds 173.19 7.16 0.00 180.35 4,367.40 -9,945.25 9,945.25 0.00 0.00 Net movement in fund5 Funds brought forward -9,772.06 9,952.41 32,995.74 38,527.49 0.00 3,221.00 4,391.40 74,744.23 4,367.40 70,376.83 Funds carried forward 12 23,223.68 48,479.90 3,221.00 74,924.58 74,744.23
an FIRST DROMARA CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2022 Unrestrict Restricted Endowm ed Funds Funds ent Funds Total Funds 2022 Total Funds 2021 Funds Reconciliation Bank and Cash at start of year Net movement in funds 32,995.74 38,527.49 3,221.00 -9,772.06 9,952.41 0.00 74,744.23 180.35 70,376.83 4,367.40 Bank and Cash at end of year 23,223.68 48,479.90 3,221.00 74,924.58 74,744.23 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 70,263.21 1,440.37 70,026.24 1,496.99 71,703.58 71,523.23 Other Assets Fixed Assets- Note 10 Church Premises- Insurance Church Manse- Insurance Value Sextons House - Insurance Value Fixtures, Fittings & Equipment Investments- Note 11 Gift Aid receivable on donations 453,870.48 98,577.00 453,870.48 98,577.00 3,221.00 17,000.00 3,221.00 17,841.16 572,668.48 573,509.64 Liabilities - Loans 0.00 0.00 0.00 0.00 Approved by the Kirk Session at a meeting on 13 November 2023 and signed on its behalf by [Name] [Namel [Date] It)22 . [Datel
an FIRST DROMARA CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE 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 {a) income from endowments which is to be expended only on the restricted purposes intended by the donor and (bl 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 Restricted Endowment Total 2022 Funds Funds Total 2021 Recorded giving: Loose collections Donations and gifts GiftAid Legacies and bequest 73,827.60 1,677.00 1,735.85 13,326.75 0.00 11,989.00 9,756.15 8,391.76 4,274.42 0.00 0.00 85,816.60 0.00 11,433.15 0.00 10,127.61 0.00 17,601.17 0.00 0.00 82,911.00 8,242.45 19,227.08 15,720.57 0.00 90,567.20 34,411.33 0.00 124,978.53 126,101.10
an FIRST DROMARA CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TOTHE ACCOUNTS 31 December 2022 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Income from charitable activities Fees from weddings and funerals Fundraising events Membership fees Grants 0.00 0.00 0.00 0.00 0.00 0.00 1,450.00 0.00 2,850.00 5,400.00 0.00 0.00 0.00 0.00 0.00 0.00 1,450.00 0.00 2,850.00 5,400.00 0.00 1,540.00 0.00 0.00 2,574.41 0.00 9,700.00 0.00 9,700.00 4,114.41 4. OTHER TRADING ACTIVITIES Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 Letting of premises Trading income 1,700.00 0.00 0.00 0.00 0.00 0.00 1,700.00 0.00 1,600.00 0.00 1,700.00 0.00 0.00 1,700.00 1,600.00 INVESTMENT INCOME Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Deposit interest General Investment Fund Rents investment properties Other investment income 115.75 138.51 0.00 0.00 12.33 0.00 0.00 0.00 0.00 0.00 0.00 0.00 128.08 138.51 0.00 0.00 129.41 133.38 0.00 0.00 254.26 12.33 0.00 266.59 262.79
an FIRST DROMARA CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 OTHER INCOME Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Insurance claims Other income 0.00 2,106.78 0.00 4,304.11 0.00 0.00 0.00 6,410.89 0.00 2,704.12 2,106.78 4,304.11 0.00 6,410.89 2,704.12 RAISING FUNDS Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 FWO envelopes Fundraising events 754.73 0.00 0.00 0.00 0.00 0.00 754.73 0.00 712.71 0.00 754.73 0.00 0.00 754.73 712.71 CHARITABLE ACTIVITIES Unrestricted Funds Restrirted Endowment Total 2022 Total 2021 Funds Funds General Assembly Assessments Presbytery fees Ministry and support staff costs Congregational running expenses Donations to Missions and charities Governance costs 19,926.75 716.36 42,129.19 29,910.79 1,017.23 0.00 0.00 0.00 22,204.73 26,215.88 0.00 0.00 0.00 0.00 0.00 19,926.75 716.36 42,129.19 52,115.52 27,233.11 19,843.00 700.60 41,189.24 40,611.92 27,357.55 0.00 0.00 0.00 0.00 0.00 93,700.32 48,420.61 0.00 142,120.93 129,702.31
an FIRST DROMARA CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 OTHER EXPENDITURE Unrestricted Funds Restrirted Endowment Funds Funds Total 2022 Total 2021 Investment properties expenses 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10. FIXED ASSETS The congregation owns the Church premises situated at Church Road, Dromara and the associated fixtures, fittings, plant and machinery. These have an insurance value of £2,708,939.38 11. INVESTMENTS The congregation has the following investments. AmoLJnts are shown at market valuation. 2022 2021 General Investment Fund Property Other investments 3,050 3,050 171 171 3,221 3,221
an FIRST DROMARA CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 12. FUND BALANCES Fund Balance at start Receipts Payment Surplus / Transfer (Deficit) Balance at end Unrestricted Funds General Fund 32,995.74 102,691.86 112,453.92 -9,762.06 0.00 23,233.68 32,995.74 102,691.86 112,453.92 -9.762.06 0.00 23,233.68 Restricted Funds Property Fund Cong. Organisational Funds 10,344.84 28,182.65 18,423.88 27,504.69 8,851.70 27,134.46 9,572.18 370.23 0.00 19,917.02 0.00 28,552.88 38,527.49 45,928.57 35,986.16 9,942.41 0.00 48,469.90 Endowment Funds Endowment Funds 3,221.00 0.00 0.00 0.00 0.00 3,221.00 3,221.00 0.00 0.00 0.00 0.00 3,221.00 Total 74,744.23 148,620.43 148,440.08 180.35 0.00 74,924.58