Reformed Presbytertan Church OF IKELA¥D BALLYLAGAN CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF IRELAND STATEMENT OF FINANCIAL AcfiviTY {Receipts and Payments Account) for the year ended 31 December 2022 Unrestricted Restricted Endowment Funds Funds Fund5 Total 2022 Total 2021 Note Receipts Donations and legacies Charitable activities Other trading activities Investment Income Other 111,952 4,750 116,702 121,736 1,350 1,350 1,350 113,302 4,750 118,052 123,085 Sale of Investments Sale of fixed assets Loans Received Total Receipts 113,302 4,750 118,052 123,085 Payments Raising funds Charitable activities Investment costs Other 322 59,837 322 91,534 310 102,031 31,697 60,159 31,697 91,856 102,341 Purchase of Investments Purchase of fixed assets Loan Repayments Total Payments 60,159 31,697 91,856 102,341 Net receipts / (payments) Transfers between funds Net movement in funds Funds brought forward Funds carried forward 53,143 -30,362 22,781 143,395 166,177 -26,947 30,362 3,415 7,262 10,676 26,196 20,744 26,196 150,657 176,853 20,744 129,912 150,657 131 Page
Reformed Presbyterian Church OF IAELA.¥D BALLYLAGAN CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2022 Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 Note Fund Reconciliation5 Bank and cash at start of year Net movement in funds Bank and cash at end ofyear 143,395 22,781 166,177 7,262 3,415 10,676 150,657 26,196 176,853 129,912 20,744 150,657 Bank & Cash Balances Bank Deposit Account Bank Current Account Cash Account 63,456 113,397 53,450 97,207 176,853 150,657 Other Assets Fixed Assets - Note 7 Church buildings and contents Manse buildings and contents 1,792,355 1,600,316 472,200 415,600 2,264,555 2,015,916 Liabilities Loans Others Approved by the Kirk Session at a meeting on 29th October 2023 and signed on its behalf by Richard Pollock Robert Mccahon th 29 October 2023 29th October 2023 141 Page
Reformed F¥esbyterian Church OF IREL_4_KD BALLYLAGAN CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF IRELAND NOTES TO THE ACCOUNTS for the year ended 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 {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 fund5 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 Funds Funds Total 2022 Total 2021 Recorded giving: Loose collections Donations and gifts Gift Aid Legacies and bequest 98,483 4,750 103,233 103,628 13,469 13,469 18,108 111,952 4,750 116,702 121,736
Reformed Ftesbyterian Church QF IILELAIND BALLYLAGAN CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF IRELAND NOTES TO THE ACCOUNTS for the year ended 31 December 2022 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 Income from charitable activities: Fees from weddings and funerals Fundraising events Membership fees Grants OTHER TRADING AcfiviTIES Unrestricted Fund5 Restricted Endowment Funds Funds Total 2022 Total 2021 Income from charitable activities: Letting of premises Trading income
Reformed Presbyterian Church INVESTMENT INCOME Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 Deposit interest General Investment Fund Rents investment properties Other investment income 1,350 1,350 1,350 1,350 1,350 1,350 RAISING FUNDS Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 FWO envelopes Fundraising events 322 322 310 322 322 310 171 Page
Reforrned Presbyterian Church OF IRELAD BALLYLAGAN CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF IRELAND NOTES TO THE ACCOUNTS for the year ended 31 December 2021 CHARITABLE ACTIVITIES Unrestrirted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 Presbytery fees Ministry and support staff costs Congregational running expenses Donations to Missions and charities Governance costs 356 11,746 47,735 356 344 11,746 33,550 47,735 45,756 31,295 21,730 31,295 492 31,697 492 651 91,534 102,031 59,837 FIXED ASSETS The congregation owns the Church premises situated at Curragh Road, Aghadowey, Coleraine BT513RY and the associated fixtures, fittings, plant and machinery. These have an insurance value of £ 2,264,555 at last renewal date.
Reformed Presbyterian Church OF IXELAND BALLYLAGAN CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF IRELAND NOTES TO THE ACCOUNTS for the year ended 31 December 2022 9. Summa of Accounts Sur Ius Deficit Balance at End Balance at Start Recei Pa ments Tfrln Tfr Out Unrestrirted Funds General Fund Building Fund Investments 37,237 55,462 50,696 143,395 80,470 32,833 14,801 45,359 65,362 307 12,475 10,000 22,781 37,544 67,937 60,696 166,177 25,000 10,000 35,000 113,303 60,159 65,362 Restrirted Funds Mission5 RP Finance Sabbath School Leprosy Mission Pakistan Flood Appeal Ukrainian Charities Women's Fellowship Women's Fellowship Women's Fellowship 11,620 12,500 492 100 630 11,620 12,500 492 100 630 5,020 5,020 1,335 795 3,713 2,754 7,262 150,657 4,736 3,401 4,196 3,721 2,760 10,676 176,853 4,750 118,052 31,697 91,856 30,362 65,362 3,415 26,196 65,362