East Belfast fresbytery Presbyter an CHURCH IN IRELAND THE EAST BELFAST PRESBYfERY OF THE PRESBYTERIAN CHURCH IN IRELAND Financial Statements for the year ended 31 December 2023 Registered Charity in Northern Ireland (NIC106435)
EAST BEiFAsf FIIEsBYfERY OF THE PRESBYTERIAA (IIU RCH IN IftEIAM> srATEMENf C FINANCIPI P£TllnTY IReceSpts & Pawnents A(tountl fty the ye•r a)ded 31 December 21123 Designated Restriued Misgon Incidental Fund5 Funds )te Total 2023 Totsi 2022 R(Yeipts o.(L) 20. 359.92 20.359. 17.424. Totsl rc£eipts 20. 359.92 20.359.92 17.424.OJ Chwrtable kt Mts ljher 0.0) 21017. 18 oco 21.(Y7.18 o. 17.556.82 0.0) Totsl nthts o.Ir) 21,(7.18 21.7.18 17.556.82 Net Receipts / (pwments) Tmsfer5 bfften o(x) oo) 1687.26) o. 1687.26) 0.0) 1132.82) 0.0) Net movemert in ld5 Funds ly8ht ftywwd o. 3.7&).70 1&87 26) 693.11 fS37.26) 10.473.81 (132. 32) 10.fD&63 Fund5 cwrd S)rwwd 3.7.70 6.1x6.85 9.786.55 10,47181 11 Page
EAST BELFAST IIIESBYfERY OF THE PRESBYWERIM4 (HU RCH IN IREiAK) srATEMENf 1> ASSETS AND UABILMES f¢x the year 31 Dectsnlxr 2023 kndde•n F0$ Fwds T(al 2023 Total 2022 funds Rtton(iliali(i d cath at start d st Net movemert in fwtd5 3.78Q70 0.0) lQ4n81 10.fthffj3 1687.26) 112.249.25) (687.261 cath at end 3.780.70 6.Ixr).85 9. 786.55 1.&12.621 Bonk and cosh balartes Ml(S Incrflentds 3, 78170 (rFA85 3.M.70 6.825.93 9.55 10.f£fj63 (Xher Assets NIL ac NIL oc 9.M55 I0.fi3 Approved by the Presbytery at a meetlng on ioth September and sl8ned on Its behalf by Rev Date: mes Warburton (Moderator) Rev St Date: hen Moore (Clerk)
THE EAST BELFAST PRESBYfERY OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2023 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 a55i8ned 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 dependin8 upon the purpose for which the endowment was establlshed in the first place. Restrlcted funds comprise la) 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 | Page
r bdPJ&kfrcbwcr EAST BELFAST PRESBYTERY (% THE FIIESBYfEIUAN CHURCH IN IREIAND NOTESTOTHE PLC(xJNrs for tIE yeor ended 31 Dtteth 2023 I Incorrin8 Resou es Designated MiyA>n Funds RestrKted IKMlental FuThls Toni 2023 Total 2022 Presbytery Ftts Otr Presbytery Service o.cD o. 18,66117 1&66L17 o. L69&75 17.424.C o.oj o(xJ I.75 o. 20.359.92 2Q359.92 17 424.0) (haiitable Activities aThl SupKM>rt Ccffjts Desi8naied M ission Funds hxident Funds Total 2023 Toui 2022 Clerys Salary Clerk's NIC Clerk's Pe rsK>n App rt iceship Le Deputy aerk's Salwy ApprertKeshtp Le Moderntor's EXn5 Chaplain's ExperGes stat Dnwy. Poage & Copying Presbytery Service Student 8oc& Gr¥ts knsuM Surxlry ExFYrr*s 8.77Q20 1.21Q86 2.IChl.80 &77a20 L21a86 &352. L21157 ICX)4.f 4L76 4.17&36 43. 4.385.16 21.42 4.38&16 21.42 81J).OJ o. oco 0.0) o. o( L7CA).(X) o(x) 1.7(X).Q) 35&06 35& 854.88 333.85 213.20 o. 21.C517.18 217.18 17.556.82 41 Page
an EAST BEIFAST PRESBYTERY OF THE PRES8YTERUW CHURCH IN I RELA> hX)TES TO THE ACCOUNTS IconL) f(x the year e•Mled 31 Detsnber 2023 Fund BalarKes Ba laKe Start Surplusl Balance end Receipts Payment Transfer Dtsi8nated Fumh Mss#)n Fwids 3.7&170 OLK) o.co o.cY) ao) 3. 78170 3.7.70 o.a) o. 3.M.70 RestrKted FuThls IncKlental FurKI 6.693.11 20.35992 {21.cty17.18) (687. 261 6.0)5.85 6.693.11 20.35992 121.Tr17.181 1687 261 o.cxj 6,ry.85 Totsl 10.473.81 20.35992 21.7.18 1687. 261 o. 9, 786.55
r r...b4ker¥ The Account is currntly S1t into Three fun¢& Delai15 of eich fund Ik R tiicted Incidertal Fu FuThl l OFening 8akn Income EX1ndrtUre ck19.ng Bal>i 6.693. 11 20.359.92 21.O17.18 6.Q7J.85 ' • I IleS £2.(U> fcy conwltat I¢ eS FurKI 2 Youth Furnl 3 Mission FuThl OFening Bakn Income EX4Ure Closng Baknce L3X).91 o. o.Ix) L3XI.91 Open iry 8èknce 1429.79 Expendrtwe Clos$ Bakn o.co 2.429.79 all fuThls OsxninK 8aknce Incor ExFendrture Total of all Fund5 10.473.81 20.359.92 21.7.18 gM55 61 Page