an
BALLYGONEY CONGREGATION OF THE PRESB￿ERIAN 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 PREsB￿ERIAN 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