DONAGHEY CONGREGATIONAL CHURCH STATEMENT OF FINANCIAL AcfiviTY {Receipts and Payments Account) for the year ended 31 December 2022 Note Unrestricted Funds Restricted Funds Total 2022 Total 2021 Receipts Donations and legacies Charitable activities Other trading activities Investment Income Other 54863 5021 9013 63876 5021 46816 1600 34 185 io 22 185 Total Receipts 60103 9023 69126 48438 Payments Raising funds Charitable activities Investment costs 49775 12049 61824 51325 Other Total Payments 49775 12049 61824 51325 Net receipts / (payments} Transfers between funds 10328 {5001 130261 500 7302 128871 Net movement in funds Funds brought forward 9828 12507 {25261 6466 7302 18973 128871 21860 Funds carried forward li 22335 3940 26275 18973
DONAGHEY CONGREGATIONAL CHURCH STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2022 Unrestrirted Funds Restrirted Total Funds Total Funds Funds 2022 2021 Funds Reconciliation Bank and Cash at start of year Net movement in funds 12507 9828 6466 12526) 18973 7302 21860 128871 Bankand Cash at end of year 22335 3940 26275 18973 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 22335 3859 81 26194 81 18845 128 26275 18973 Other Assets Fixed Assets- Note 10 Church Premises Fixtures, Fittings & Equipment Vehicles Gift Aid receivable on donations Liabilities Loans Other
DONAGHEY CONGREGATIONAL CHURCH NOTESTOTHE ACCOUNTS 31 December 2022 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total income of the congregation is le55 than £250,000 the congregation have elected in accordance with the provisions in The Charitie5 (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 15 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 Ib) revenue donations or grants for a specific congregational activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment 15 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 Unrestrirted Funds Restrirted Funds Total 2022 Total 2021 Recorded giving: Loose collections Donations and gifts Gift Aid Legacies and bequest 39174 2926 2370 10393 39174 4723 9586 10393 22640 3954 7114 13108 1797 7216 54863 9013 63876 46816
DONAGHEY CONGREGATIONAL CHURCH NOTESTO THE ACCOUNTS 31 December 2022 CHARITABLE AcfiviTIES Unrestricted Funds Restricted Funds Total 2022 Total 2021 Income from charitable activities Fees from weddings and funerals Fundraising events Membership fees Grants 1801 3220 1801 3220 1600 5021 5021 1600 4. OTHER TRADING AcfiviTIES Unrestricted Funds Restricted Funds Total 2022 Total 2021 Letting of premises Trading income INVESTMENT INCOME Unrestrirted Funds Restrirted Funds Total 2022 Total 2021 Deposit interest 34 io 44 22 34 io 22
DONAGHEY CONGREGATIONAL CHURCH NOTES TO THE ACCOUNTS (convd) 31 December 2022 OTHER INCOME Unrestricted Funds Restricted Funds Total 2022 Total 2021 Magazines Expenses Contribution 185 185 185 185 RAISING FUNDS Unrestricted Funds Restricted Funds Total 2022 Total 2021 FWO envelopes Fundraising events CHARITABLE AcfiviTIES Unrestricted Funds Restricted Funds Total 2022 Total 2021 Ministry and support staff costs Congregational running expenses Donations to Missions and charities 26583 19768 3424 26583 24117 11124 27172 17488 6665 4349 7700 49775 12049 61824 51325
DONAGHEY CONGREGATIONAL CHURCH NOTES TO THE ACCOUNTS (convd) 31 December 2022 OTHER EXPENDITURE Unrestricted Funds Restricted Funds Total 2022 Total 2021 Investment properties expenses 10. FIXED ASSETS The congregation owns the Church premises situated at 30 Killygarvan Road, Dungannon, BT714DA and the associated fixtures, fittings, plant and machinery.
DONAGHEY CONGREGATIONAL CHURCH NOTES TO THE ACCOUNTS {conVd) 31 December 2022 11. FUND BALANCES Fund Balance at start Receipts Payment Surplus / {Deficit} Transfer Balance at end Unrestrirted Funds No. l Account 12507 60103 49775 10328 {5001 22335 12507 60103 49775 10328 15001 22335 Restrirted Fund5 Repair Fund Women's Bright Hour Missionary Cause Sunday School Youth Focus Audio Ministry 3355 1112 1648 221 28 102 205 494 7904 72 3704 470 7552 148 134991 24 352 176) 500 356 1136 2000 145 28 275 348 175 173 6466 9023 12049 {3026) 500 3940 Total 18973 69126 61824 7302 26275