Kilrau
hts Reformed Presb terian Church
Rel(Jm
Presbyteriati Cliurcli
STATEMENT OF FINANCIAL ACTIVITY (RECEIPTS AND PAYMENTS ACCOUNTI
FOR YEAR ENDED 31 DECEMBER 2023
NOTE
UNREStRICTED
RESTRICTED
ENDOWMENT
TOTAL
TOTAL
FUNDS
FUNDS
FUNOS
2023
2022
Receipts
Donations & legacies
Charitable activitie5
Other trading activities
Investment income
Total receipts
85,606
296
620
85,606
296
8,244
2,569
96,715
89,946
328
3,639
76
93,989
7,624
1,3BI
9,005
1,188
1,188
86,522
Payment5
Raising funds
Charitable activities
Total payment5
149
67,222
67,371
149
73,939
74,088
149
87,774
87,923
6,687
6,687
30
30
Net receipts/lpayment51
Transfers between funds
Net movement in funds
19,151
113,0001
6,151
2,318
13,000
15,318
1,158
22,627
6,066
1,158
22,627
6,066
Reconciliatlon of funds:
Total funds brought forward
Total funds carried forward
25,873
32,024
104, 106
119,424
54,991
56,149
184,970
207,597
178,904
184,970

Kilrau
hts Reformed Presb terian Church
Presbyterign Churcli
STATEMENT OF ASSETS AND LIABILITIES
AS AT 31 DECEMBER 2023
uNRESTRl￿ED
RESTRICTED
ENDOWMENT
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
2023
2022
Funds Reconciliation
Total funds brought forward
Net movement in funds
Total fund5 carried forward
25,873
6,151
32,024
104,106
15,318
119,424
54,991
1,158
56,149
184,970
22,627
207,597
178,904
6,066
184,970
Bank & cash balances
Bank current accounts & cash on hand
207,597
207,597
184,970
184,970
Other assets
Fixed assets - note 8
Approved by the Kirk Session at a meeting on 22nd October 2024 and signed on its beha If by
a7r 17
Mr Elliott Robinson
Mr Harold Kerr

Kilrau
hts Reformed Presb terian Church
R@Icxm
estMeneJi Chiirch
NOTES TO THE ACCOUNTS
31 DECEMBER 2023
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 provision 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 fund5, the capital of which must be retained either permanently or at the
congregation's discretion,. the income derived from the endowment 15 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 lal income from endowments which is to be expended only on the
restricted purposes intended by the donor and I bl revenue donations or grant5 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 & LEGACIE5
UNRESTRICTED
RESTRicfED
ENDOWMENT
TOTAL
TOTAL
FUNDS
FUNDS
FUNDS
2023
2022
Recorded giving
L005e collectlons
Donations and gifts
Gift Aid
62,957
6,265
2,500
13,884
85,606
62,957
6,265
2,500
13,884
85,606
62,836
11,647
2,000
13,463
89,946