**Alexandra Presbyterian Church - a Congregation of The Presbyterian Church in Ireland Statement of Financial Activity ( Receipts and Payments Account ) for the year ended 31st. December, 2023.** |**_Receipts_**
Donations and legacies
Charitable activities
Other trading activities
Investment Income
Other
Organisations
Sale of Investments
Sale of fixed assets
Loans Received
**Total Receipts**
**_Payments_**
Raising funds
Charitable activities
Investment costs
Other
Organisations
Purchase of Investments
Purchase of fixed assets
Loan Repayments
**Total Payments**|**UnrestrictedRestrictedEndowmen**
**Notes**
**Funds**
**Funds**
**Funds**
£
£
£
2
93379
60189
0
3
0
26,186
0
4
737
143
0
5
1464
113
0
6
2597
0
0
16476
0
0
0
0
0
0
0
0
0
0
**98177**
**103107**
**0**
7
520
0
0
8
87103
94407
0
0
0
0
9
0
0
0
0
17991
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
**87623**
**112398**
**0**|**Total**
**2023**
£
153568
26186
880
1577
2597
16476
0
0
0
**201284**
520
181510
0
0
17991
0
0
0
0
0
**200021**|**Total**
**2022**
£
108859
28134
431
907
14576
19288
0
0
0
**172195**| |---|---|---|---| ||||547
134716
0
14319
16594
0
0
0
0
0
**166176**| ||||| **Net receipts / (payments) Transfers between funds** **Net movement in funds Funds brought forward Funds carried forward** |||**10554**|**-9291**|**0**|**1263**|**6019**| |---|---|---|---|---|---|---| |||**-4570**|**4570**|**0**|0|0| |||||||| |||||||| |||**5984**|**-4721**|**0**|**1263**|**6019**| |||||||| |||**90147**|**42448**|**0**|**132595**|**126576**| |||||||| ||12|**96131**|**37727**|**0**|**133858**|**132595**| **Page -1-** **- Alexandra Presbyterian Church a Congregation of The Presbyterian Church in Ireland Statement of Assets & Liabilities as at 31st. December, 2023** ||||**UnrestrictedRestrictedEndowmen**|**UnrestrictedRestrictedEndowmen**|**UnrestrictedRestrictedEndowmen**|**UnrestrictedRestrictedEndowmen**|**UnrestrictedRestrictedEndowmen**|**UnrestrictedRestrictedEndowmen**|**Total**|**Total**| |---|---|---|---|---|---|---|---|---|---|---| |||||**Funds**||**Funds**|**Funds**||**2023**|**2022**| ||||||£|£|£||£|£| |**Funds Reconciliation**||||||||||| |Bank and Cash at start of year|||||90147|42448||0|_132595_|126576| |Net movement in funds|||||5984|-4721||0|1263|6019| |||||||||0|0|| |Bank and Cash at end||of year|||**96131**|**37727**||**0**|**133858**|**132595**| |||||||||||| |**Bank & Cash Balances**||||||||||| |||||||||||| |Progressive Deposit Account||||||||0|60227|0| |Bank Current Account No.1||||||||0|47403|99338| |Bank Current Account No.2||||||||0|3757|8380| |Cash in hand - Organisations||||||||0|2708|2106| |Bank Current Accounts - Organisations||||||||0|19763|22771| ||||||||**Total**||**133858**|**132595**| ## **Other Assets** ## _**Fixed Assets - Note 10**_ |Church Premises||||0|0|0| |---|---|---|---|---|---|---| |Fixtures and Fittings||||0|0|0| |Vehicles||||0|0|0| |||||||| |Investments - Note 11||||0|40265|38084| |Gift Aid receivable on|donations|||0|14,500|13500| |Other assets||||0|0|0| |||||||| |**Liabilities**||||||| |||||0|0|0| |Other liabilities||||0|0|0| |||||||| |**Approved by the Kirk Session at a meeting on**|**______________________and signed on its behalf**| |---|---| |**by:-**|| |**Name:- _______________________________**|**Name:- ______________________________**| |**Signature:- ____________________________**|**Signature:- ___________________________**| |**Date:-**|**Date:-**| **Page -2-** **- Alexandra Presbyterian Church a Congregation of The Presbyterian Church in Ireland Notes to the Accounts:- 31st. December, 2023.** **1 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 (a) 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 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 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. ## **2 Donations and Legacies** |Recorded givings
Loose collections
Donations and gifts
Gift Aid
TIME TO REBUILD|Unrestricted
Restricted
Endowment
Funds
Funds
Funds
£
£
£
77410
13710
0
2528
0
0
1710
6587
0
11731
4010
0
0
35882
0
**93379**
**60189**
**0**|Total
2023
£
91120
2528
8297
15741
35882
**153568**|Total
2022
£
76398
2263
9936
15262
5000
**108859**| |---|---|---|---| **Page -3-** **Alexandra Presbyterian Church - a Congregation of The Presbyterian Church in Ireland Notes to the Accounts (continued):- 31st. December, 2023.** ## **3 Charitable Activities** ||**UnrestrictedRestrictedEndowmen**|**UnrestrictedRestrictedEndowmen**|**UnrestrictedRestrictedEndowmen**|**UnrestrictedRestrictedEndowmen**|**UnrestrictedRestrictedEndowmen**|**UnrestrictedRestrictedEndowmen**|**Total**|**Total**| |---|---|---|---|---|---|---|---|---| |||**Funds**||**Funds**|**Funds**||**2023**|**2022**| |||**£**||**£**|**£**||**£**|**£**| |Income from charitable activities|||0|0||0|**0**|480| |Publications / Literature|||0|671||0|**671**|378| |Fundraising events
CONCERT|||0|515||0|**515**|375| |Grant:- Belfast City Council|||0|0||0|**0**|1751| |Grant - Urban Mission Trust|||0|13,000||0|**13000**|13150| |Grant - Council for Mission|||0|12,000||0|**12000**|12000| ||||**0**|**26186**||**0**|**26186**|28134| |**4**|**Other Trading**|**Other Trading**|**Activities**|**Activities**||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||**UnrestrictedRestrictedEndowmen**||||||||**Total**|||**Total**||| |||||**Funds**|||**Funds**||**Funds**||**2023**|||**2021**||| ||||||**£**||**£**||**£**||**£**|||**£**||| |Letting of|premises|||||737||143||0||**880**|||431|| |Trading income||||||0||0||0|||**0**|||0| |||||||||||||||||| |||||||**737**||**143**||**0**||**880**|||**431**|| ## **5 Investment Income** |||**Unrestricted **|**Unrestricted **|**Restricted **|**Restricted **|**Restricted **|**Endowment**|**Endowment**|**Total**|**Total**||**Total**|**Total**|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||**Funds**||**Funds**|||**Funds**||**2023**|||**2021**||| |||**£**||**£**|||**£**||**£**|||**£**||| |Bank deposit interest|||759|||0||0||**759**|||135|| |Progressive interest|||107||40|||0||**147**|||151|| |General Investment Fund|||598|||0||0||**598**|||621|| |No.2 A/c INTEREST|||0||73|||0|||**73**|||0| |Other investment income|||0|||0||0|||**0**|||0| |||||||||||||||| |||**1464**|||**113**|||**0**|**1577**||||**907**|| |||||||||||||||| **Page -4-** **- Alexandra Presbyterian Church a Congregation of The Presbyterian Church in Ireland Notes to the Accounts Continued:- 31st.December, 2023** **----- Start of picture text -----**
6 Other Income
Unrestricted Restricted Endowment Total Total
Funds Funds 2023 2022
£ £ £ £
PCI Remittance 237 0 0 237 0
Power NI Cost of Living 1200 0 0 1200 14576
Sundry Donations 1160 0 0 1160 0
Cancellation of Cheque 0 40 0 40 0
2597 40 0 2637 14576
**----- End of picture text -----**
|**7**|**Raising Funds**|**Raising Funds**||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||**Unrestricted**||**Restricted**||**Endowment**||**Total**||**Total**|| ||||**Funds**||**Funds**||**Funds**||**2023**||**2022**|| ||||**£**||**£**||**£**||**£**||**£**|| |FWO|envelopes|||520||0||0|**520**||547|| |Fundraising events||||0||0||0||**0**||0| |||||||||||||| |||||**520**||**0**||**0**|**520**||547|| ## **8 Charitable Activities** |**Unrestricted**
**Restricted**
**Endowment**
**Total**
**Funds**
**Funds**
**Funds**
**2023**
**£**
**£**
**£**
**£**
General Assembly Assessments
15469
0
0
15469
Presbytery fees
566
0
0
566
Ministry and support staff costs
52044
22797
0
74841
Congregational running expenses
19024
1401
0
20425
Donations to Missions and Charit
0
14512
0
14512
Property / Maintenance costs
0
55697
0
55697
Governance costs
0
0
0
0
**87103**
**94407**
**0**
**181510**|**2022**
**£**
15630
659
69688
20680
19040
9019
0
**134716**| |---|---| **Page -5-** **- Alexandra Presbyterian Church a Congregation of The Presbyterian Church in Ireland - Notes to the Accounts (continued): 31st. December, 2023** **----- Start of picture text -----**
9 Other Expenditure
Unrestricted Restricted Endowment Total Total
Funds Funds Funds 2023 2022
£ £ £ £ £
Investment properties expenses 0 0 0 0 0
HMRC Gift Aid Refund 0 0 0 0 14319
0 0 0 0 14319
**----- End of picture text -----**
## **10 Fixed Assets** _**The congregation owns the Church premises situated at 80 York Road, Belfast, BT15 3HF and the Manse which is occupied by the Minister and his family situated at 14 Lismoyne Park, Belfast BT15 5HF including the associated fittings, plant and equipment. These have a combined value of £6,181,723 [ £5,749,650 + £405,905 + £26,168 ] at the last insurance renewal date.**_ _**The Nite Lite team has a caravan valued at £11,591 (at the last insurance renewal date.**_ ## 11 **Investments** ## _**The congregation has the following investments. Amounts are shown at market valuation**_ |||||||**2023**|**2022**|| |---|---|---|---|---|---|---|---|---| |||||||**£**|**£**|| |||||||||| |General Investment Fund||||||30,265|28084|| |Property||||||0|0|| |Progressive Building Society||||||10,000|10000|| |||||||||| |||||||**40265**|**38084**|| **Page -6-** **----- Start of picture text -----**
-
Alexandra Presbyterian Church a Congregation of The Presbyterian Church in Ireland
-
Notes to the Accounts ( continued ): 31st. December, 2023.
12 Fund Balances
Balance Receipts Payment Surplus / Transfers Balance
at start (Deficit) at end
£ £ £ £ £ £
Unrestricted Funds
General Fund 90147 98070 87623 10447 -64570 36024
Progressive Building Society 0 107 0 107 60000 60107
90147 98177 87623 10554 -4570 96131
Restricted Funds
Maintenance of Property 8380 9157 55697 -46540 41917 3757
TIME to REBUILD 0 35882 0 35882 -35612 270
Concert:- TIMEtoREBUILD 0 515 0 515 -515 0
Castleton Lanterns & Community 171 0 0 0 0 171
PW/WEE CAFÉ/ B.BUDDIES 0 628 0 628 -628 0
Community Mission Worker 7059 25000 22797 2203 0 9262
Letting of Premises 0 143 143 0 0 0
PCI Publications 0 671 848 -177 177 0
Holiday Bible Club/Youth week 0 309 410 -101 101 0
Boys' Brigade 0 40 0 40 0 40
Organisations 24877 16476 17991 -1515 -891 22471
Missions and Charities Fund
United Appeal 700 6701 7071 -370 0 330
Benevolent Fund 902 164 109 55 0 957
Children Change Columbia 0 93 93 0 0 0
Christian Aid 21 0 31 -31 10 0
Pres. Children's Society 0 93 0 93 0 93
Tear Fund 50 0 50 -50 0 0
World Development 269 1155 1048 107 0 376
Marine / Missions to Seamen 4 0 4 -4 0 0
N.I. HOSPICE 0 1266 1277 -11 11 0
Leprosy Mission 0 750 750 0 0 0
The Air Ambulance 0 2500 2500 0 0 0
Release International 5 0 5 -5 0 0
MENCAP 0 75 75 0 0 0
KIDS4SCHOOL 0 180 180 0 0 0
PCI's Moderator's Appeal 10 424 434 -10 0 0
The School of Music 0 625 625 0 0 0
The Christian Institute 0 260 260 0 0 0
42448 103107 112398 -9291 4570 37727
Endowment Funds 0 0 0 0 0 0
Total Funds 132,595 201,284 200021 1263 0 133858
Valuation Revaluation Valuation
at start Increase at end
General Investment Fund 28,084 2181 30,265
Progressive Building Society 10000 10000
Page -7- 38084 40265
**----- End of picture text -----**