MONEYMORE CONGREGATIONAL CHURCH STATEMENT OF FINANCIAL AcfiviTY (Receipts and Payments Account) for the year ended 31 December 2023 Note Unrestrirted Funds Restricted Funds Totsl 2023 Total 2022 Receipt5 Donations and legacies Cha ritable activities Other trading activities Investment Income Other 44732 1003 2973 47705 I3 42487 571 266 906 1172 131 Total Receipts 46001 3879 49880 43189 Payments Raising f unds Charita ble activities Other 50244 2569 52813 47597 Total Payments 50244 2569 52813 47597 Net receipts / {paymentsl Transfers between funds {4243) 1310 (29331 {4408} Net movement in funds Funds brought forward 14243) 27730 1310 {29331 100507 14408) 104915 72777 Funds carried fonNard li 23487 74087 97574 100507
MONEYMORE CONGREGATIONAL CHURCH STATEMENT OF ASSEfs AND LIABILITIES As at 31 December 2023 Unrestritted Funds Restricted Total Funds Total Funds Funds 2023 2022 Funds Reconciliation Bank and Cash at start of year Net movement in funds 27730 {4243} 72777 1310 100507 12933) 104915 {44081 Bank and Cash at end of year 23487 74087 97574 100507 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 72713 811 563 72713 24298 563 71813 28233 461 23487 97574 I(K)507
MONEYMORE CONGREGATIONAL CHURCH NOTES TO THE ACCOUNTS 31 December 2023 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total income of the congregation is less than £250,CK)O 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 fund5 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 Restricted Funds Total 2023 Total 2022 Recorded giving= Loose collections Donations and gifts Gift Aid Legacies and bequest 39077 2973 42050 36890 2359 5655 5655 3238 44732 2973 47705 42487
MONEYMORE CONGREGATIONAL CHURCH NOTES TO THE ACCOUNTS 31 December 2023 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Funds Total 2023 Total 2022 Income from charitable activities Fees from weddings and funerals Fundra ising events Membership fees Grants 403 403 571 600 6CK) 1003 l(MJ3 571 4. OTHER TRADING AcfiviTIES Unrestricted Funds Restricted Funds Total 2023 Total 2022 Letting of premises Trading income INVESTMENT INCOME Unrestrirted Funds Restricted Funds Total 2023 Total 2022 Deposit Interest Bank Interest 9(Kl 91X) 272 87 44 266 266 906 1172 131
MONEYMORE CONGREGATIONAL CHURCH NOTES TO THE ACCOUNTS (convd) 31 December 2023 OTHER INCOME Unrestricted Funds Restricted Funds Total 2023 Total 2022 Insurance claims Other income RAISING FUNDS Unrestricted Funds Restricted Funds Totsl 2023 Total 2022 FWO envelopes Fundraising events CHARITABLE ACTIVITIES Unrestricted Funds Restricted Funds Total 2023 Total 2022 Ministry and support staff costs Congregational running expenses Donations to Missions and charities 29126 19588 1530 29226 19657 3930 28076 14921 46 69 50244 2569 52813 47597
MONEYMORE CONGREGATIONAL CHURCH NOTE5 TO THE ACCOUNTS (cont'd) 31 December 2023 OTHER EXPENDITURE Unrestricted Funds Restricted Funds Total 2023 Total 2022 Investment properties expenses 10. FIXED ASSETS The congregation owns the Church premises situated at Lawford Street, Moneymore and the a550ciated fixtures, fittings, plant and machinery.
MONEYMORE CONGREGATIONAL CHURCH NOTES TO THE ACCOUNTS (cont'd) 31 December 2023 11. FUND BALANCES Fund Balance at start Receipts Payment Surplus / {Deficit) Transfer Balance at end Unrestricted Funds No. l Account 27730 46001 50244 14243) 23487 27730 46001 50244 142431 23487 Restricted Funds Deposit Account Missionary Cause Account Ladies Fellowship Account Noah's Ark Toddler Group Account 71814 502 loo 361 899 2841 899 309 (371 139 72713 811 63 5(KJ 2532 37 139 72777 3879 2569 1310 74087 Total ICX)507 49880 52813 {2933} 97574