JESSIE EADES MEMORIAL CHURCH OF THE NAZARENE. DESERTMARTIN STATEMENT OF FINANCIAL AcfiviTY (Receipts and Payments Account) for the year ended 30th September 2023 NIC 106453 Note Unrestricted Funds Restrirted Funds Total 2023 Total 2022 Receipts Donations and legacies Charitable activities Other trad ing activities Investment Income Other 57235 7102 323 64337 323 49507 17 309 17 626 13 122 317 Total Receipts 57552 7751 65303 49642 Payments Raising funds Charitable activities Other 40654 5425 5287 46079 5287 47059 7992 Total Payments 40654 10712 51366 55051 Net receipts / {payments} Transfers between funds 16898 (85371 12961) 8537 13937 154091 Net movement in funds Funds brought forward 8361 2514 5576 5705 13937 8219 {5409} 13628 Funds carried forward io 10875 11281 22156 8219
JESSIE EADES MEMORIAL CHURCH OF THE NAZARENE. DESERTMARTIN STATEMENT OF ASSEfs AND LIABILITIES th As at 30 September 2023 NIC 106453 Unrestricted Funds Restrirted Total Funds Total Funds Funds 2023 2022 Funds Reconciliation Bank and Cash at start of year Net movement in funds 2514 8361 5705 5576 8219 13937 13628 154091 Bank and Cash at end of year 10875 11281 22156 8219 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 22156 8219 22156 8219 Other Assets Fixed Assets- Note 9 Church Buildings Church Manse 800000 155000 155000 955000 955000 Liabilities Loans Other
JESSIE EADES MEMORIAL CHURCH OF THE NAZARENE. DESERTMARTIN NOTES TO THE ACCOUNTS th 30 September 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 (al 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 basi5. 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 Funds Restricted Funds Total 2023 Total 2022 Recorded giving: Offerings Donations and gifts Gift Aid Legacies and bequest 38699 6740 11796 4675 2427 43374 9167 11796 40952 2635 5920 57235 7102 64337 49507
JESSIE EADES MEMORIAL CHURCH OF THE NAZARENE. DESERTMARTIN NOTES TO THE ACCOUNTS th 30 September 2023 CHARITABLE AcfiviTIES Unrestricted Funds Restricted Funds Total 2023 Total 2022 Income from charitable activities Fundraising events Grants 323 323 323 323 OTHER TRADING AcfiviTIES Unrestricted Funds Restricted Funds Total 2023 Total 2022 Letting of premises Trading income 4. INVESTMENT INCOME Unrestrirted Funds Restricted Funds Total 2023 Total 2022 Bank Interest 17 17 13 17 17 13
JESSIE EADES MEMORIAL CHURCH OF THE NAZARENE, DESERTMARTIN NOTES TO THE ACCOUNTS {cont'd) 30 September 2023 OTHER INCOME Unrestricted Funds Restricted Funds Total 2023 Total 2022 Food Subscriptions Heat & Light Subscriptions Other Income 261 309 570 56 56 122 317 309 626 122 RAISING FUNDS Unrestricted Funds Restrirted Funds Total 2023 Total 2022 FWO envelopes Fundraising events CHARITABLE AcfiviTIES Unrestrirted Funds Restricted Funds Total 2023 Total 2022 Assernbly Expenses & Budgets Ministry and support staff costs Congregational running expenses Donations to Missions and charities Governance Cost5 4210 23406 12678 2030 6240 23406 14608 1465 360 4873 26088 14578 1160 360 1930 1465 360 40654 5425 46079 47059
JESSIE EADES MEMORIAL CHURCH OF THE NAZARENE. DESERTMARTIN NOTES TO THE ACCOUNTS (convd) 30th September 2023 OTHER EXPENDITURE Unrestricted Funds Restricted Funds Total 2023 Total 2022 Manse Maintenance Church Building Maintenance 1981 3306 1981 3306 75 7917 5287 5287 7992 FIXED ASSET5 The congregation owns the Church premise5 Sltuated at 3 Knocknagin Road, Desertmartin, BT45 5LG and a Manse situated at 16 Cherryvale Avenue, Desertmartin, BT45 5NT.
JESSIE EADES MEMORIAL CHURCH OF THE NAZARENE. DESERTMARTIN NOTES TO THE ACCOUNTS (convd) 30th September 2023 10. FUND BALANCES Fund Balance at Start Receipts Payment Surplus / (Deficit) Transfer Balance at end Unrestricted Funds General Fund 2514 57552 40654 16898 (85371 10875 2514 57552 40654 16898 {85371 10875 Restricted Funds Sunday School Youth Special Treasures Men's Fellowship Ladies Fellowship Bowls Club Little M iracles Coffee Mornings Building, Repair & Maintenance Meet & Eat Account Missionary Compassionate Ministries 37 558 24 77 iio 334 196 136 420 141 621 (51 (2011 32 357 24 164 132 297 85 87 22 107 (334) {196} 196 8(JJO 219 3533 390 2562 67 5643 363 3495 152 {21101 27 {9331 348 9835 389 3945 362 933 162) 62 5705 7751 10712 (2961) 8537 11281 Total 8219 65303 51366 13937 22156