CAsfLEDERG sr CHURCH FINANCIAL REPORTS FOR YEAR ENDING 31ST DECEMBER 2022 PA ACCOUNTANTS REPORT PAGE 2 CURRENI" ACCOUNT PAGE PAGE 3: PAGE 3: GIFf AID ACCOUNT BUILDING FUND ACCOUNT SUMMARY OF COLLEcfIoNS PAGE 4: SUMMARY OF BUII.DING LOANS PAGE SUMARY OF INCOME & GIFf AID
Castlederg Baptlst Church Financial Reports for year ended 31st December 2022 Accountants Report I report on the accounts for year ended 315t December 2022 which have been prepared In accordance wlth In5tructlons glven to me from the accountin8 records of Castlederg Baptlst Church and from informatlon and explanatlons supplled to me Thomas Oliver and Assoclates LlmSted Certlfled Publlc Accountants l Moygashel Mllls Park Dun8annon Co Tyrone 16th March 2023 PAGE I
CASTLEDERG BAPTIST CHURCH INCOME EXPENDITURE ACCOUNT 315t DECEMBER 2022 CURRENT ACCOUNT Incorne 2022 2021 Empendlture 2022 2021 Openlng Bank Balance Collectlons Inter@$t Recelved Transfer5 from GSft Ald EA Edutatlon Gi8nt 4,477.37 7,085.53 18.85 35.000.00 1,400.00 6,194.27 7,871.06 6.24 28,000.00 Irlsh Baptlst Ald 8apt15t MlssSon5 Baptlst College Bulldlng Insurance Repalrs Electrlclty Membership Fees A550c of 8aprist churches Baptlst Magazlnes Glft M1555onarleslSocletles Baptlst Youth Speakers Expenses Bank Fees BYE Team Mlscellaneous Expenses NBC Pen51on Contrlbutlon Nl Water BT Inteinet Hannah Irwln CU Hann8h Gowdy 011 SIS M4terlals J4U Club Ladles Meetln8 Klds 4 School Walk For Llfe CCLI Baptlsr Women Scrlpture Unlon Zoom Payment Pastor Salary Ner Pay Pastors Expenses Income P Scheme HMRC PAYE Operatlon5 Mob1115atlon Annulty Fund ctoslng Bank Balanre 120,00 iioo.00 300,00 681.53 182,00 719,08 270.00 205.56 410.00 420.00 150.00 220.00 72.43 275.95 532.39 1470.00 iooo.oo 300.00 725.75 120.00 393.00 249.60 392.79 432.00 150.00 430,00 60,44 1782.49 205,S6 176.25 504.25 1200.00 1500.00 536.97 228.31 451.32 1200.00 1058.66 76.84 45.00 22.73 loo.00 50.00 55.00 100.00 405.20 100,00 480.00 155.33 100.00 480.00 143.88 18746.52 22318.19 1841.13 283.80 6110.96 2400.00 150.00 5000.67 1742.09 295.00 3947,28 150.00 4477.37 £47,981.75 £42,071.57 £47,981.75 É42,071.57 PAGE 2
CASTLEDERG BAPTIST CHURCH INCOME EXPENDITURE ACCOUNT 31st DECEMBER 2022 GIFf AID Accoumr 2022 2021 Openlng Bank Balance 8t 1st January Collections Interest Recelved Glft AldTax Rellef Bank Fee Transfers to Current Account Transfer5 to Bulldlng Fund Transfer to Loan Account 53,756.58 22,790 114.40 4,641.75 40.80 -30,000.00 -14200.00 -5300.62 58,397.68 22,050.00 136 6,339.00 -16.1 -28,000.00 -5,O.¢JO Closlng Balance at 31st December £31,761.31 £53,756.58 BUILDING FUNDACCOUNT 2022 2021 OpenSng Bank Balance at 1st January Collertlon Transfer from Glft Ald Account Interest Recelved Bank Fee Loan Repayments 8ank N Baptlst Loan Bu15dlng Costs Transfer to Current Alc 15,729.59 2,820.00 14,200.00 21.89 43.92 -524.50 -1,680.00 -21,038.31 -5,WO.IJ) 18,639.18 2,920.00 5,150.00 17.4 -12.87 -672.12 -1,680.00 -8,632.00 Closln8 Balance at 31st December £4,484.75 £15,729.59 SUMMARY OF COLIEcfioNS 31st Dec 2022 31st Dec 202 7,085.53 7,871.06 22,790.00 22,OSO.00 2,820.00 2,920.00 Current Account Glft Ald Account Buildlng Fund 32.695.53 32.841.06 Glft Ald Tax Refund 4,641.75 6,339.00 37,337.28 -1,842.78 -1,697.25 -145.53 39,180.06 £2,368.16 El,184,25 £1,183.91 VARIANCE 2020-2021 Glft Ald Inc Colle¢tlon5 Inc PAGE 3
CASTLEDERG BAPTIST CHURCH LOAN SUMMARY ACCOUNT 31st DECEMBER 2022 NORTHERN BAPTIST ASSOCIATION LOANS 31st Dec 2022 31st Dec 2021 -14,089.31 -15,460.11 1,680.00 1,680,00 -281.79 -309.2 -£12,691.10 -£14,089.31 Opening Balance Repayment Interest Closing Balance DANSKE BANK LOAN 31st Dec 2022 -5,649.22 524.5 -175.9 -5,300.62 31st Dec 2021 -6,137.70 672.12 -183.64 Opening Balance Transfers from Bulldln8 Account Interest Charges Transfer from Gift Ald -£5,649.22 TOTAL LOANS 31st Dec 2022 12,691.10 31st Dec 2021 -19,738.53 TOTAL LOAN ACCOUNTS REDucfioN IN LOANS 20 - 21 £7,047.43 £1,859.28 SUMMARY OF ACCOUNTS 31st Dec 2022 31st Dec 2021 Current Account 5,000.67 4,477.37 Building Fund 4,484.75 15,729.59 Gift Aid Account 31,761,31 53,756.58 TOTAL FUNDS 41,246.73 -32.716.81 £73,963.54 -£9,267.59 Reductlon in Funds PAGE 4
Trustees Verification of Financial Report We as Trustees of Castlederg Baptist Church, verify that this financial report for st the year ending 31 December 2022, is an accurate reflection of the financial transaction that occurred during the aforesaid financial year. Signed Date ao27. Tr4tsts1(f I ,././- ljy (kJ4)