Reforrned
Presbyterian Church
OF t￿tL￿￿L D
CLOUGHMILLS CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF IRELAND
STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account)
for the year ended 31 December 2023
Unrestricted Restricted Endowment
Funds
Funds
Fund5
Total
2023
Total
2022
Note
Receipts
Donations and legacies
Charitable activities
Other trading activities
Investment Income
Other
97,410
97,410
96,529
97,410
97,410
96,529
Sale of Investments
Sale of fixed assets
Loans Received
Total Receipts
97,410
97,410
96,529
Payments
Raising funds
Charitable activities
Investment costs
Other
73,541
13,314
86,855
86,293
73,541
13,314
86,855
86,293
Purchase of Investments
Purchase of fixed assets
Loan Repayments
Total Payments
73,541
13,314
86,855
86,293
Net receipts / (payments)
Transfers between funds
Net movement in funds
Funds brought forward
Funds carried forward
23,869
-13,314
10,555
64,896
75,451
-13,314
13,314
10,555
10,236
10,555
54,896
65,451
10,236
54,660
64,896
-10,000
-10,000
131 Page

lelofl'igJ
Pi psL)ooricl1i C;.I',Ircli
CLOUGHMILLS CONGREGATION OF THE REFORMED PRESBYTERIAN CHURCH OF IRELAND
STATEMENT OF ASSETS AND LIABILITIES
As at 31 December 2023
Unrestricted
Funds
Restricted Endowment
Fund5
Funds
Total
Funds
2023
Total
Funds
2022
Funds Reconciliation
Bank and Cash at start of year
Net movement in funds
64,896
10,555
-10,000
54.896
10,555
54,660
10,236
Bank and Cash at end of year
75,451
-10,000
65,451
64,896
Bank & Cash Balances
Bank Deposit Accounts
Bank Current Accounts
Cash in Hand
19,000
56.451
19,279
45,617
65,451
64,896
Other Assets
Fixed Assets - Note 7
Church Buildings, Hall &
Contents
Manse Buildings & Contents
Investment5- Note 8
1,139,836 1,060,312
1,139,836 1,060,312
Liabilities
Loans
Other
Approved by the Session at a meeting on 30th October 2024 and signed on its behalf by
Joel Lou8hridge
David Loughridge
th
30 October 2024
30th ortober 2024
141 Page

Reformed
Presbyterian Church
OF
CLOUGHMILLS 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 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 (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
Fund5
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Recorded giving:
Loose collections
Donations and gifts
Gift Aid
Legacies and bequest
74,450
4,040
18,920
74,450
4,040
18,920
77,982
200
18,347
97,410
97,410
96,529
151 Page

Reformed
Presboerian Church
OF IKELAND
CLOUGHMILLS CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF IRELAND
NOTES TO THE ACCOUNTS
for the year ended 31 December 2023
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Income from charitable activities:
Fees from weddings and
funerals
Fundraising events
Membership fees
Grants
OTHER TRADING AcfiviTIES
Unrestricted
Funds
Restrirted Endowment
Funds
Funds
Total
2023
Total
2022
Income from charitable activities:
Letting of premises
Trading income
INVESTMENT INCOME
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Deposit interest
General Investment Fund
Rents investment properties
Other investment income
161 Page

Reformed
Ftesbyterian Church
OF IRELAND
CLOUGHMILLS CONGREGATION OF THE REFORMED PRESBYTERIAN CHURCH OF IRELAND
NOTESTO THE ACCOUNTS
for the year ended 31 December 2023
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Presbytery fees
Ministry and support staff costs
Congregational running expenses
Donations to Missions and
charities
Governance costs
149
34,654
38,738
149
146
34,654 32,535
38,738 22,125
13,314 31,487
13,314
73,541
13,314
86,855 86,293
FIXED ASSETS
The congregation owns the Church premises situated at Drumbare Road, Cloughmills, Co Antrim
and the associated fixtures, fittings, plant and machinery.
These have an insurance value of £ 1,139,836 at last renewal date.
171 Page

Refonned
Presbyterian Church
OF IXÈLANL D
CLOUGHMILLS CONGREGATION OF THE REFORMED PRESBYfERIAN CHURCH OF IRELAND
NOTESTO THE ACCOUNTS
for the year ended 31 December 2023
10. Summa
of Accounts
Balance
at Start
Sur
lus
Deficit
Balance
at End
Recei
Pa
ment5
Tfr In
Tfr Out
Unrestricted Funds
General Fund
Building Fund
19,279
55,617
74,896
86,576
10,835
97,410
73,541
13,314
-279
10,835
10,555
19,000
66,452
85,451
73,541
13,314
Restricted Funds
Missions
Appeals
Loans
Sabbath School
Youth Clubs
Holiday Bible Club
Specified Donations
4,300
4,770
4,300
4,770
-10,000
-10,000
392
919
2,046
887
392
919
2, 046
887
13,314
13,314
-10,000
64,896
13.314
86,855
-10,000
75,451
97,410
13,314
10,555
181 Page