an BALLYGONEY CONGREGATION OF THE PRESBERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL AcfiviTY (Receipts and Payments Account) for the year ended 31 December 2022 Note Unrestrirted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Receipts Donations and legacies Charitable activities Other trading artivities Investment Income Other 15150 iioo 700 16250 700 12260 175 94 18 94 2668 li 1794 2650 Total Receipts 15262 4450 19712 14240 Payments Raising funds Charitable activities Investment costs Other 138 16511 138 20589 130 12231 4078 Total Payments 16649 4078 20727 12361 Net receipts / Ipaymentsl Transfers between funds 113871 137771 372 3777 110151 38 1879 38 Net movement in funds Funds brought forward (51641 59629 4149 7997 38 3315 1977) 70941 1879 69062 Funds carried forward 12 54465 12146 3353 69964 70941 10
an BALLYGONEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2022 Unrestricted Funds Restricted Funds Endowment Total Funds Total Funds Funds 2022 2021 Funds Reconciliation Bank and Cash at start of year Net movement in funds 59629 151641 7997 4149 3315 38 70941 (9771 69062 1879 Bank and Cash atend of year 54465 12146 3353 69964 70941 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 41922 12543 5985 6161 3353 51260 18704 51226 19715 69964 70941 Other Assets Fixed Assets- Note 10 Church Premises Fixtures, Fittings & Equipment Vehicles Investments- Note 11 Gift Aid receivable on donations Debtors 38 38 Liabilities Loans Other 69964 70979 11
an BALLYGONEY CONGREGATION OF THE PRESBYTERIAN 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 account5 on a receipts and payments basis. FUND ACCOUNTING Endowment funds are fund5, the capit31 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 f irst place. Restricted funds comprise {al 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 Restrirted Funds Endowment Funds Total 2022 Total 2021 Recorded giving.. Loose collections Donations and gifts Gift Aid Legacies and bequest 11485 932 1220 1513 600 12085 932 1720 1513 9628 114 565 1953 500 15150 iioo 16250 12260 12
an BALLYGONEY CONGREGATION OF THE PREsBERIAN CHURCH IN IRELAND NOTES TO THEACCOUNTS 31 December 2022 CHARITABLE AcfiviTIES Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Income from charitable attivities Fees from weddings and funerals Fundraising events Membership fees Grants 700 700 175 700 700 175 4. OTHER TRADING AcfiviTIES Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Letting of premises Trading income INVESTMENT INCOME Unrestricted Funds Restricted Fund5 Endowment Fund5 Total 2022 Total 2021 Deposit interest General Investment Fund Rents investment properties Other investment income 94 94 li 94 94 li 13
an BALLYGONEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (convd) 31 December 2022 OTHER INCOME Unrestricted Funds Re5trirted Funds Endowment Funds Total 2022 Total 2021 Other income 18 2650 2668 1794 18 2650 2668 1794 RAISING FUNDS Unrestricted Funds Restritted Funds Endowment Funds Total 2022 Total. 2021 FWO envelopes 138 138 130 138 138 130 CHARITABLE AcfiviTIES Unrestrltted Fund5 Restricted Funds Endowment 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 21 67 11686 4183 80 474 21 67 11686 5916 2425 474 108 67 4188 5989 1405 474 1733 2345 16511 4078 20589 12231 14
an BALLYGONEY CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (conyd) 31 December 2022 OTHER EXPENDITURE Unrestrirted Funds Re5trirted Funds Endowment Funds Total 2022 Total 2021 Investment properties expenses 10. FIXED ASSErs The congregation owns the Church premises situated at 14 Ballygoney Road East, Moneymore BT45 7XZ and 21 Littlebridge Road Moneymore BT45 7XX the associated fixtures, fittings, plant and machinery. These have an insurance value of £591,927 11. INVESTMENTS The congregation has the following investments. Amounts are shown at market valuation. 2022 2021 General Investment Fund Property Other investments 38 38 15
an BALLYGONEY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 12. FUND BALANCES Fund Balance at start Receipts Payment Surplus / {Deficit) Transfer Balance at end Unrestricted Funds General Fund Business Reserve Progressive Building Society 17703 41926 15174 88 16649 114751 88 136851 120092) 20000 12543 21922 20000 59629 15262 16649 113871 137771 54465 Restrirted Funds Building and Repair Sunday School Progressive Building Society Shared Pulpit Supplies Appeals and Collections 1486 526 5985 1800 1733 67 4082 5635 526 5985 2650 2650 123451 126501 2345 2345 7997 4450 4078 372 3777 12146 Endowment Funds Progressive Building Society Harkness Senator Duff Henderson 3000 250 65 3000 250 65 38 38 3315 38 3353 Other Funds Investments 38 1381 Total 70979 19712 20727 110151 69964 16