Charity No: NIC108383 Aughnacloy Presbyterian Church Community Group Trustee Report and Annual Accounts for the year ended 31 December 2022
Aughnacloy Presbyterlan Church Comrnunlty Group Statement of Financlal Actlvftles - Year Ended 31 December 2022 Note Unrestricted Re5trrrted Funds Funds Endowment Funds Total 2022 Total 2021 Incomlng Resources Donations & Le8acies Charitable Actlvities Other trading activitles 15,403 2,126 2,515 15,403 2,126 2.515 18.354 6,135 1.460 Total Income 20,1 20.044 25.949 Resources Expendlture Charltable Activities 8.081 8.081 11.656 Total Ejtpendlture 8,081 8.081 11.656 Net Income I (Expenditure) Transfers beljveen funds 11,963 11,963 14,293 Net movement In funds 11,963 11,963 14.293 Fund5 brought forward 01 January 250.321 250,321 236,028 Funds carrfed fOard 310ecember 262,284 262,284 250,321
Aughnadoy Presbyterlan Church Cornmunlty Group Statement of Assets and Llabllltles - Year Ended 31 December 2022 Unrestrlcted Restricted Fund5 Funds Endowment Funds Total 2022 Total 2021 Flxed Assets Tanglble 496,581 496,581 493,765 Current Assets Cash at Bank 12.782 12,782 13,809 Current Llabllltles Credltors 15,382 15,382 25,556 Total Assets less Current Liabilities 493.981 493,981 482,018 231,697 Accruals and Deferred Income 231.697 231,697 262,284 262,284 250,321 NetAssets Resetves Income and Expenditure Account 262.284 250,321 262.284 250,321 Approved by trustees on at a meetlng on 1510312023 and sl8ned on its behalf by: Mr Derek Loane Trustee Dr Cecil Givan Trustee
Aughnacloy Presbyterlan Church Communlty Group Notes to Accounts- Year Ended 31 December 2022 I. ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS Although the total Income of the charity Is less than £250,000 the charlty have elected In accordance w5th the provisions in The Charities (Accounts and Reports Regulations (Northem Ireland) 2015 to prepare its accounts on an Accruals basls. FUND ACCOUNTING Endowment funds are funds, the capltal of which must be retalned elther permanently or at the charity's discretlon,. the Income derlved 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 lal income from endowments which Is to be expended only on the restrirted purposes intended by the donor and Ibl revenue donations or grants for a specific charity activity intended by the donor. Where these funds have unspent balances. Interest on their pooled investment is apportioned to the indlvldual funds on an average balance basls. Unrestricted funds are income funds which are to be spent on the charity's general purposes. Designated funds are general funds set aslde by the congre8atlon for use In the future. RECEIPTS 2. DONATIONS & LEGACIES Unrestricted Restrlcted Funds Funds Endowment Funds Total 2022 13,733 1,670 Con8regational Givin8S Donatlons & gifts Gift Aid Legacies & bequest 13.733 1,670 15.403 15.403 3. CHARITABLE ACTIVITIES Unrestricted Restricted Funds Funds Endowment Funds Total 2022 Income from charltable artlvlty & fundralsln8 Grants 639 1.487 639 1,487 2,126 2.126
Aughnacloy Presbyterlan Church Communlty Group Notes to Accounts - Year Ended 310ecember 2022 4. OTHER TRADING ACTIVITIES Unrestricted Restricted Funds Funds Endowment Funds Total 2022 2,51S 2,515 Lettln8 of Premlses 2,515 2.515 PAYMENTS Endowment Funds Total
REFI
- CHARITABLE ACTIVITES Unrestrirted Restricted Funds Funds 162 7.289 162 7,289 Cost of Fundraislng Runnlng expenses Donatlons Governance costs 630 630 8.081 8.081
Aughnacloy Presbyterian Church Communlty Group Notes to Accounts- Year Ended 31 December 2022 6. FIXED ASSErs Freehold Property Flxtures and Fittln85 Total Cost At l January 2022 Addition5 At 31 December 2022 475.871 17,894 2,816 20.710 493,765 2,816 496,581 475.871 Net Book Value At 31 December 2022 475,871 20,710 496.581 475.871 17,894 493,765 At 31 December 2021 481 25,075 7. CREDITORS Accruals Bank Loan Account 14,902 15,382 25.556 Total 8. ACCRUALS AND DEFERRED INCOME Deferred Grants 151,497 60.200 20,000 DAERA MUDC NIHE 231.697 The above represents grant5 receNed from Dept. for Agrlculture. Enwronment and Rural Affairs. Mid Ulster Distrfct Council and Nl Housln8 Executive. A Debenture in favour of Dept. for Agriculture, Environment and Rural Affairs was reglstered on 28 March 2019.