an SOUTH BELFAST PRESBYfERY OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL AcfiviTY (Recelpts and Payments Account) for the year ended 31 December 2023 Note Deslgnated Mlsslon Funds Restrlcted Incldental Funds Total 2023 Total 2022 Recelpts Incoming resources Investment Income Other incomin8 resources 15,882 15,882 130 1,200 15,190 250 130 1,200 Total Recelpts 1,330 15,882 17,212 15,440 Payments Charltable artlvltles (30,2351 115,223} 145,458) 184,736) Total Payments (30,2351 115,2231 145,458) {84,736} Net recelpts / Ipaymentsl Transfers between funds {28,9051 659 11,4401 128,2461 169,296) Net movement In funds Funds brou8ht forward (27,4651 66,964 1781) 128,246) 7,737 74,701 169,296) 143,997 Fund$ carrled forward 39,499 6,956 46.455 74.701 li
an SOUTH BELFAST PRE5BYfERY OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIE5 As at 31 December 2023 Desl8nated Restrlcted Total Funds Total Funds Mlsslon Incldental 2023 2022 Funds Funds Funds Reconclllatlon Bank and Cash at start of year Net movement in funds 66.964 (27,4651 7,737 (781) 74,701 128,246) 143,997 169,296) Bank and Cash at end of year 39,499 6,956 46,455 74,701 Bank & Cash Balances Bank Missions Account Bank Incidental Account 39,499 6,892 66,964 7,673 46,391 74,637 Other Assets PW Llnk Account 46,455 74,701 Llabllltles Other 46,455 74,701 Approved by the Trustees at a meetin8 on 7/72. 20 2 9 and signed on Its behalf by: Rev Davi Trustoe 12
an SOUTH BELFAST PRESBYfERY OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS for the year ended 31 December 2023 ACCOUNTING POUCIES BASIS OF FINANCIAL STATEMENTS As the total Income of South 8elfast Presbytery OfThe Presbyterlan Church In Ireland is less than £250,000 the Presbytery 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 Restrlrted funds are to be expended only on the restricted purposes Intended by the donor. Unrestrlcted funds are Income funds whlch are to be spent on the South Belfast Presbytery of The Presbyterian Church in Ireland general purposes. Deslgnated funds are unrestritted funds are Sncome fund5 which have been deslgnated for a speclflc purpose by South Belfast Presbytery of The Presbyterian Church in Ireland. INCOMING RESOURCE5 Deslgnated Restrlcted MIMlons Incldental Funds Funds Total 2023 Total 2022 Presbytery fees Berry street income Trainin8 Other IMP donatlons PW Llnk Income 15,882 15,882 Is,000 160 30 15,882 15,882 15,190 13
an SOLmi BELFAST PRESBYfERY OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS Iconvd) for the year ended 31 December 2023 INVESTMENT INCOME Desl8nated Restrlrted Mlsslons Incklental Funds Funds Total 2023 Total 2022 Bank Interest 130 130 250 130 130 250 OTHER INCOMING RESOURCES Oeslgnated Restrlrted Mlsslons Incldental Funds Funds Total 2023 Total 2022 Other income 1,200 1,200 1,220 1,220 14
an sourH BELFAsf PRESBYfERY OF THE PRE5BYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {con¥d) for the year ended 31 December 2023 CHARITABLE ACTIVITIES AND SUPPORT COSTS Oeslgnated Restrlrted Missions Incidental Funds Funds Total 2023 Total 2022 Clerk, Moderator & adminlstrative assistant Printing, postage & 5tatlonery Students, grants and allowances Events & serrfices expenses Insurance Training IMP- staff IMP- Insurance IMP- rent, electrlclty, repalrs & equlpment Berry Street- Insurance Berry Street- heat & light, legal, paIrS May Street- Insurance Accountancy Training - Cairn Projett Other expenses Bank char8es PW Llnk expenses 13,096 736 525 13,096 736 525 13,107 961 432 200 335 200 8,290 1,974 27,330 1,818 20,013 356 353 356 353 7,269 69 1,700 2,175 9,937 6,238 1,440 1,365 116 83 7,269 69 1,700 2,175 9,937 6,238 1,440 1,365 1,310 8,494 150 92 30 116 41 42 30,235 15,223 45,458 84,736 15
an SOUTH BELFAST PRESBYfERY OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (convd) for the year ended 31 December 2023 FUND BALANCES Fund Balance Rec•lpts Payments at start Surplus / Transfer IDeficlt) 8alance at end Deslgnated Funds Mlsslons Fund 66,964 1.330 (30,2351 {28,905} 1,440 39,499 66,964 1,330 {30,235) 128,905) 1,440 39,499 Restrlcted Funds Incidental Fund PW Llnk 7,673 15,882 115,2231 659 11,440 6,892 7,737 15,882 (15,2231 659 (1,4401 6,956 Total 74,701 17.212 (45.458) 128,246) 46,455 16