RefonTEd Presbyterian Church OF IKEIAt4D DERVOCK CONGREGATION OFTHE REFORMED PRESBYfERIAN CHURCH OF IRELAND STATEMENT OF FINANCIAL ACTIVITY (Recelpts and Payments Account) for the year ended 31 December 2023 Unrestrirted Restricted Endowment Funds Funds Funds Total 2023 Total 2022 Note Receipts Donations and legacies Charitable activities Other trading activitie5 Investment Income Other 82,985 5,251 88,236 89,732 1,850 1,850 1,850 84,835 5,251 90,086 91,582 Sale of Investments Sale of fixed assets Loans Received Total Recelpts 84,835 5,251 90,080 91,582 Payments Raising funds Charitable activitie5 Investment cost5 Other 250 58,385 250 86,241 250 77,624 27,856 58,635 27,856 86,490 77,874 Purchase of Investments Purchase of fixed assets Loan Repayments Total Payment5 58,635 27,856 86,490 77,874 Net receipts / (payments) Transfers between funds Net movement in funds Funds brought fonmard Funds carried forward 26,201 -22,878 3,323 146,897 150,220 -22,605 22,878 272 1,921 2.193 3,595 13,708 3,595 148,818 152,413 13,708 135,110 148.818 121page
Reformed Presbyterian Church OF IIiIIAND DERVOCK CONGREGATION OF THE REFORMED PRESBYTERIAN CHURCH OF IRELAND STATEMENT OF ASSEfs AND LIABILITIES As at 31 December 2023 Unrestricted Funds Restricted Endowment Funds Funds Total Funds 2023 Total Funds 2022 Funds Reconciliation Bank and Cash at start of year Net movement in funds 146,897 3,323 1,921 272 148,818 3,595 135,110 13,708 Bank and Cash at end of year 150,220 2,193 152,413 148,818 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 125,016 27,397 54,178 94,640 152,413 148,818 Other Assets Fixed Assets- Note 10 Church & Hall Buildings & Contents Manse Buildings & Contents 1,638,191 1,523,699 243,770 226,769 1,881,961 1,750,468 Llabllities Loans Other th Approved by the Session at a meeting on 26 October 2024 and signed on its behalf by Rev Raymond Blair Samuel Bleakly th 26 October 2024 th 26 October 2024 131 Page
Reformed Presbyterian Church OF IXtLAND DERVOCK CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF IRELAND NOTES TO THE ACCOUNTS for the year ended 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 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 restrirted 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 attivity 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'5 general purposes. Designated funds are general funds set aside by the congregation for use in the future. DONATIONS AND LEGACIES Unrestrirted Funds Restricted Endowment Funds Funds Total 2023 Total 2022 Recorded giving: Loose collections Donations and gift5 Gift Aid Legacies and bequest 68,342 680 13,963 5,251 73,593 680 13,963 75,883 70 13,779 82,985 5,251 88,236 89,732 141 Page
Reformed Presbyterian Church OF IRELAND DERVOCK CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF IRELAND NOTES TO THE ACCOUNTS for the year ended 31 December 2023 CHARITABLE ACTIVITIES Unrestricted Funds Restrirted Endowment Funds Funds Total 2023 Total 2022 Income from charitable activities: Fees from weddings and funerals Fundraising events Membership fees Grants OTHER TRADING ACTIVITIES Unrestricted Funds Restricted Endowment Funds Funds Total 2023 Total 2022 Income from charitable activities: Letting of premises Trading income 1,850 1,850 1,850 1,850 1,850 1,850 INVESTMENT INCOME Unrestricted Funds Restrirted Endowment Funds Funds Total 2023 Total 2022 Deposit interest General Investment Fund Rents investment properties Other investment income 151page
Reformed Presbyterian Church OF IRELAND RAISING FUNDS Unrestrirted Funds Restrirted Endowment Funds Funds Total 2023 Total 2022 FWO envelopes Fundraising events 250 250 250 250 250 236 161page
Reforrned Presbyterian Church OF IXELA¥D DERVOCK CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF IRELAND NOTES TO THE ACCOUNTS (cont'd) for the year ended 31 December 2023 CHARITABLE AcfiviTIES Unrestrlcted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 Presbytery fees Ministry and support staff costs Congregational running expenses Donations to Missions and charities Governance costs 244 33,467 24,674 244 33,467 24,674 27.856 238 10,837 29,235 37,214 27,856 58,385 27,856 86,241 77,624 FIXED ASSETS The congregation owns the Church premises situated at 210-212 Castlecat Road, Ballymoney, Co Antrim, BT53 8AT and the associated fixtures, fittings, plant and machinery. These have an insurance value of £1,881,961 at last renewal date. INVESTMENTS The congregation has the following investments. Amounts are shown at market valuation. 2023 2022 General Investment Fund Other investments 0,000 0,000 171 Page
Reforrned Flesbyterian Church OF IKELAJ4D DERVOCK CONGREGATION OFTHE REFORMED PRESBYfERIAN CHURCH OF IRELAND NOTES TO THE ACCOUNTS for the year ended 31 December 2023 10. SUMMARY OF ACCOUNTS Balance at stsrt Sur lus Deficit Balance tEnd Recei Pa ments Tfr In Tfr Out Unrestricted Funds General Fund Building Fund Investments 92,719 54,178 64,859 19,976 39,531 19,103 30,0 122,843 30,035 -67,515 -29,162 loo,000 3,323 25,204 25,016 loo,000 150,220 I,000 58,635 130,000 152,878 146,897 84,835 Restricted Funds Turkey/Syria Earthquake Appeal Scripture Union Tear Fund Ballymoney Foodbank HBC/Youth Work Women's Fellowship Sabbath School Friendship Group Lighthouse Youth Club Parent & Toddler Covenanter Youth RP Finance Committee Missions 2,365 545 2,365 545 805 1,350 350 805 1,350 350 4,501 340 1,090 291 919 15 2,850 295 981 353 771 1,688 255 36 210 51 581 371 560 -109 451 198 597 136 524 315 62 73 220 315 8,050 7,250 8,050 7,250 1,921 148,818 5,251 90,086 27,856 22,878 86,490 152,878 152.878 272 3,595 2,193 152,413 181Page