## **THE EAST BELFAST PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND** **Financial Statements for the year ended 31 December 2022** **Registered Charity in Northern Ireland (NIC106435)** EAST BELFAST PRESBYfERY OF THE PRESBYfERIAN CHU RCH IN I REiAhD srATEMENf FINANCIAL P£TIMTY (Receipts & Pa￿ents Acu)unt) f(w the year ended 31 Decern￿r 2022 Designated Restricted MivAon 1￿MIental Funds FUNIS te Total 2022 Total 2021 Receipts Incom irE reS￿r￿S o.c 17.424.C 17.424.CO I&￿1.0) Totsl receipts o.cD 17. 424.CD 17,424.Cl) 18,121.CO Payments Charitable Activities Ckher o.(x) ocr) 17. 555.82 oc 17.556.82 o. 30.370.25 o. Totsl Pa￿ents O.CA) 17. 556.82 17.556.82 30.370.25 Net Re￿ipts/ (payments) Transfers between fiJrNJs o.Lt) 1132.82) 0.￿) {132.82) 112 249.25) Net movemert in funds Funds 1X￿ght fcrnard 1132.82) 6.825.93 {132.82) 112.249.25) 10.fA)6.63 22,855.88 3.78).70 Funds carried forward 3,7￿.70 6, 693.11 10.473.81 10.FJJ6.63 ## **Approved by the Presbytery at a meeting on and signed on its behalf by** **Rev Jonathan Frazer (Moderator) Rev Stephen Moore (Clerk) Date: 12[th] September 2023 Date: 12[th] September 2023** 2 | P a g e ## **THE EAST BELFAST PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS** ## **31 December 2022** ## **1. ACCOUNTING POLICIES** ## **BASIS OF FINANCIAL STATEMENTS** As the total income of the presbytery is less than £250,000 the presbytery has 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. These accounts do not incorporate the accounts of the congregations assigned to the Presbytery. These have a separate legal identity and are individually registered with the Charity Commission for Northern Ireland. ## **FUND ACCOUNTING** Endowment funds are funds, the capital of which must be retained either permanently or at the presbytery’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 presbytery 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 presbytery’s general purposes. Designated funds are general funds set aside by the presbytery for use in the future. 3 | P a g e EAST BELFAST PRESBYtERY THE PRESBYtERIAN CHURCH IN IRELAND N￿EST0THE ￿c(X1 Nrs for the year al(￿d 31 Decenkner 2022 Z Incorring Resources Designated bKidental Funds Funds Total 2022 Total 2021 P￿sbvtery Fees Ot￿r Presbirtery Service o.( o.c o.cx) 17,424.(X) o. o.cK) 17,424.U) o.(x) o. 23,694.C(I 49).0) o. 0.0 17,424.LlJ 17,424.0) 24,184.C (ha ritable Activities a Thl sUp￿)rt c￿t$ Designated Restricted kncidental Funds Funds Total 2022 Total 2021 Clerk'5 Salary Clerk's NIC Clerk's FÈrsion Apprenticeship Le Deputy Cje rk's Salary Apprenticeship Levy Moderator'5 ExFEn*s Chaplain's Experses Stat onary. Po*age & CopyinE Presbytery Servi student Boc* Grants Insurance sU￿1ry ExFer6es NiEhtl"Eht for wot* at &1Y￿V M ission Grant (B, Mac) 8.352.60 1,213.57 2,ON.60 4L76 4.176.36 20.88 8.352.flJ L213.57 2,0)4.f 41.76 4.176.36 20. 8.168.76 L127.28 L9￿.51 ).85 3.2￿.17 16.45 o.Ix) o. o.cx) o. o. o. 333.85 213.20 333.85 213.20 o.cM) o. 233.97 7[￿1. 2.2￿.0) o. o.c 0.0 17,556.82 17,556.82 23.35L89 41 Page EAST BELFAST pREsB￿ERy OF THE PRESBYtERIAN CHURCH IN I REiAhD •• TES TO THE ACCOUHtS (conL) f