Parish of Donaghcloney
Trustees, Annual report and Statement of Receipts and Payments and Assets and Liabilities
For the year ended 31 December 2023
Charltles Number: 101019

Parish of Donaghcloney
Page I
Annual report and financial statements for the year ended 31 De￿mber Z023
Contents
Pages
Contents
References and administrative details of the Charity
Trustees, report
Independent Examiners Report to the Trustees
Receipts and payments account
Statement of a55et5 and liabilities
Notes to the financial statement5
10-16

Parish of Donaghcloney
Page 2
References and adminlstrative details
Charity Name:
Parish of Donaghcloney
Charity Registration Number.,
101019
Contact Address:
54 Banbridge Road
Waringstown
Craigavon
BT66 7QD
Trustees
Rev Mark Lennox
Mr David Armstrong
Mrs Jayne Patterson
Mrs Victoria Derby
MrJame5 Hamill
Mr5 Jayne Dean
Mr Basil Irwin
Mr Andrew Murphy
Mr Kenneth Mccoy
Mr Cyril Nicholson
Mrs Lisa Rankin
Mr Alan Hudson
Mr Winston Allen
Mr Cyril Stevenson
Mr Gareth Tumilty
Mrs Margaret Holland
Mrjonathan Walker
Mr Stephen Dawson
Miss Helen Morrison
Prlnclpal Office-bearers
Clergy..
Church Treasurer:
Church Warden5- Clergv".
Church Wardens- People=
Rev Mark Lennox
Mr Kenneth Mccoy
Miss Helen Morrison Mr Stephen Dawson
Mr Alan Hudson Mr Cyril Nicholson
Independent Examiner
Barry Thompson and Companv
76-78 Church Street
Portadown
BT62 3EU
Bankers
Danske Bank
45-48 High Street
Portadown
BT62 ILB

Parish of Dona8hcloney
Page 3
Trustees, Annual Report for the year ended 31 December 2023
The trustees present the annual report and statements of Receipts and Payments and Assets and Liabilities for the Parish
of Donaghcloney for the year ended 31 December 2023.
Objectives and Actlvities
The charitable purpose of the Church of Ireland is the advancement of religion.
The principal funttion of the Parish of Donaghcloney is to support the advancement of the Christian religion by promotin&
through the work of the Parish of Donaghcloney the whole mission of the Church, pastoral, evangelistic, social and
ecumenical. Being open to and engaging with society as a whole and offering support for those needing help are
fundamental to the practical delivery of the benefits of Christianity.
As a result of activity in the pursuit of the advancement of the Christian religion, the Parish of Donaghcloney has custody
of property and of records. materials and artefacts of significance to the cultural and religious heritage and maintenance
of which is undertaken by the select vestry of the Parish of Donaghcloney.
Achievements. Performance & Public Benefit
Our church Mission Statement is 'Glorifying God, Preaching the Gospel, Making Disciples,.
As a group of Christians. we want to bring glory to God as we share the Christian faith and build each other up in our
faith. Through our discipleship, we befriend. help, love and care for our neighbours and wider community. This
Statement embodies and undergirds what we undertake and value as a parish- sharing the good news of Jesus With all
people.
The parish has also given careful consideration to the Charity Commission for Northern Ireland's 8uidance on public
benefit to ensure that the activities undertaken during the year have helped to achieve the Parish's objertives and
activities, as well as providing public benefit.
Worship and Prayer
The Incumbent and Select Vestry ensure that there are a number of services over the course of the year that our
community find both beneficial and spiritually fulfilling. We cater for both traditional and contemporary worship with
three services each Sunday and four services once a month.
All are welcome to attend our regular services. At present there are approximately 250 families on the Parish register,
with both resident and accustomed members. The average weekly attendance for the three to four services is over 200
people, but this number increased at festivals, including Harvest, Christmas. Holy Week and Easter. Our Holy Week
services are held in conjunction with all of our local Church dominations in Donaghcloney and Waringstown. The
Christmas Carol Services are open and attended by all member5 of our community, and our Harvest Thanksgiving
Services are very much community events with members of our youth organi5ations and their families in attendance, and
we are asked to h05t CIVIC Services throughout the year.
At our main Sunday morning Service5 in Donaghcloney and Waringstown, we offer Creche and Sunday School to the
families that attend.
As well as regular services we have held services for baptism. marriage and funerals where there are members of the
congregation's wider families and the local community in attendance.
Outside of our Sunday services there are opportunities to meet together for corporate prayer and for Christian education

Parlsh of Donaghcloney
Page 4
Trustees, Annual Report for the year ended 31 December 2023 (continued)
Pastoral Care
Pastoral care is important to the life and witness of Donaghcloney Parish. Some members of the Parish are unable to
attend church due to sickness or age. The clergy visit all who are housebound, sick or in Nursing Homes and celebrate
Holy Communion with those who request it. They also Visit those who are 80ing through particular pastoral needs or
traumas as well as general visiting.
We also hold an annual RUC (GCI Community Carol Service, where we invite former officers and their widows to
celebrate the season of Christmas.
Since 2016, we have run a Freezer Ministry, to provide meals to help people on their return home from hospital or after
3 bereavement. This ministry has now grown to provide new parents with baby clothes and food.
Parish Groups and Facilitses
Donaghcloney Parish has a host of organisations which happen over the course of the year and which are open to the
wider community. These include for children and young people -Girls' Brigade, Boys, Brigade and Youth Clubs. All our
organisations for young people are run under the guidance of the Church of Ireland's Child Protection Policy {Safe
Guarding Trust) and the Select Vestry ensure that this is adhered to.
For adult5 there are also many activities on offer.. Bible Study & Prayer Fellowships, Woman's Friendship Group Men's
Group, Bowling clubs in Donaghcloney & Waring5town, Keep Fit classes, Flower arranging classes and Craft Group. For
those with musical ability there is a Junior choir and Praise Group.
In addition to the above groups which Donaghcloney Parish runs directly for the benefit of the wider community the
Select Vestry makes the facilities available for community events such as Kidney Research and other local charities.
Mission and Evangelism
In addition to all of the above activities, there have been a number of other events and programmes organi5ed to reach
out to the local community.
Every Easter and Holy Week, we hold joint services and project5 Wlth the local churches in Donaghcloney and
Waringstown.
At Christmas, in Donaghcloney & Waringstown, we are involved in the turning on of the tree lights, events which have
attendances of over 500 people from the community.
We see helping those in need as a practical way of demonstrating our faith. We therefore also donate from our giving to
other charities, eg Bishops Appeal, Cros51inks, Open Doors. 5.A.M.S and CMS Ireland
Other ways that our Parish has been involved in the mi55ion of the Church is through the Salvation Army ChristmasToy
Appeal. Our Church is also involved in collecting food item5 for the Craigavon Area Foodbank.
Financial Review
The main source of income is derived from Free Will Offering Envelopes.
The Financial Statements show a surplus of £61,487 for the year.
Goln8 Concern
The trustees have reviewed the budgets for the year ahead and are satisfied that there are adequate funds in place to
ensure that the Parish can continue its artivities and the financial statements for the year ended 31 December 2023 can
be signed off as a going concern.

Parish of Donaghcloney
Page 5
Trustees, Annual Report for the year ended 31 December 2023 {continued)
Structure, Governance and Management
Governing Document and Constitution of the Chority
Chapter111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry
members are the Charity Trustees.
Recruitment ondAppointment of Select Vestry (Trustees)
A5 well as Constitutional requirements, Parishes are obliged to implement Diocesan Regulations. The Diocesan
Regu13tion5 require a financial commitment {Regulation 7.2.21 to become a member of the General Vestry.
The members of the Select Vestry of Donaghcloney Parish are its CharityTrustees.
Members of the General Vestry can vote and stand for election to the Select Vestry. Meetings of the general vestry are
held at least once a year. The Select Vestry is elected as part of this General Vestry meeting. The Select Vestry will hold
their positions for a period of one year. Select Vestry members may be re-elected annually and there is no limit on the
number ofterms which may be served.
Poy ond remunemtlon
The Incumbent is paid directly by the Parish and receives a Stipend, Office and Locomotory Allowances as approved by the
General Synod of the Church of Ireland.
Organisotionalstrurture
The Select Vestry is responsible for the day to day management of the parish. The Select Vestry consists of members of
clergy serving in the parish. any curate assistant, the churchwardens, the glebe wardens and twelve other members elected
at the General Vestry.
The Select Vestry 15 chaired by the incumbent or other member of the clergy officiating in the parish. Select Vestry members
are responsible for making decisions on matters of general concern and importance to the parish including deciding how
parish funds are to be applied.
The Select Vestry meets at times fixed by the members or by the Diocesan Synod. Special meetings may be convened at
any time by the chairperson orthe churchwardens. In 2023 the Select Vestry met 8 times during the year and the average
attendance was 80%.
Compllance with Public Benefit
The Parish has given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefit to
ensure that the activities entered into during the year have helped to achieve the Parish's objectives and activities, as well
as providing public benefit.

Parlsh of Dona8hdoney
Pa8e 6
Trustees, Annual Report for the year ended 31 December 2023 (continued)
Ststement of Trustees, Responslbllltles
Thetrustees are responsible ft)r preparing the Trustees, Report and the statement of receipts and payments and statement
of a55ets and liabilities in accordance with applicable law and regulations.
The law applicable to charitles in Northern Ireland with Incorne of less than £250,000 requires the trustees to prepare
statement of receTPts and payments and a statement of assets and liabilltles for each financial year.
The trustees are responslble for keeplng accounting records that are sufflclent to show and explain the Parlsh's
transactions and dlsclose with reasonable accuracy at any time the assets and liabilities of the Parish. They are also
responsible for safeguardlng the assets of the Parish and hence for taklng reasonable steps for the preventlon and
detection of fraud and other Irregularities.
51gned on Behalf of the Trustees
Mr Kenneth Mccoy
Treasurer
Mrs Vlrtoria De
Secretary
Date: 11 Ortober 2024

Parish of Donaghclonev
Page 7
Independent examinerfs report to the charlty trustees of Donaghcloney Parish Church
I report on the accounts of Donaghcloney Parish Church for the year ended 31 December 2023, which are Set out on
pages 8 to 16.
Respective responsibilities of charity trustees and examlner
As the charitws trustees you are responsible for the preparation of the accounts in accordance with the Charities Act
(Northern Ireland) 2008.
It is my responsibility to:
examine the accounts under section 65 of the Charities Act.
follow the procedures laid down in the general Direction5 given by the Commission under section 6519llbl of the
Charities Act.
state whether particular matters have come to my attention.
Basis of independent exarniner's report
I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried
out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section
65191{bl of the Charities Act.
My examination included a review of the accounting records kept by the charity and a comparison ofthe accounts
presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and
seeking explanations from you as charity trustees concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe..
That accounting records were not kept in accordance with section 63 of the Charities Act.
That the accounts do not accord with those accounting records.
That the accounts do not comply with the accounting requirements of the Charities Act.
That there is further information needed for a proper understanding of the accounts to be reached.
Independent examinerfs statement
I have completed my examination and have no concerns in respect of the matters {11 to141 listed above and, in
connection with folSowing the Directions of the Charity Commission for Northern Ireland, I have found no matter5 that
require drawing to your attention.
Barry Thompson
for and on behalf of Barry Thompson and Company
Chartered Accountants and Statutory Auditors
76-78 Church Street
Portadown
BT62 3EU
Date: 11 October 2024

Par15h of Donagh¢loney
Page 8
Recelpts and Payments Account for the year ended 311)ecember 2023
UnrestriGted Restrlrted Endowment
Funds
Funds
Funds
2023
2023
2023
Total
Z023
Total
202Z
Rec
Donation5
Proceed5 from Fund Raising Events
Bank & Deposlt Interest
Investment incorne
Rental of premlses
Collection5 for Third Partles
Graveyard Fees
Other Receipts
166,522.30
2,646.00 15,494.31
483.08
12,333.03
4,605.00
166,522.30 158,480.38
18,140.31 16.824.00
483.08
370.67
724.74 13,057.77
9,678.37
4,605.00
4,330.00
3.723.00
1,795.00
1.855.00
2,150.00
460.83
4,052.89
3.723.00
1,855.00
460.83
Totsl Recei
188,905.24 19,217.31
724.74 208,847.29 197,681.31
Pa
ments
Wages and Salaries
Diocesan Assessment
Church Running Costs
Glebe Costs
Parish Halls Costs
Rental Property Costs
Administration Costs
Charitable Donation5
Miscellaneous
58,593.24
14,447.09
21.538.47 12.147.50
4,827.25
7,649.79
1.174.42
5,506.82
12,781,22
4,247.11
230.28 58,823.52 73,444.07
36.91 14,484.00 13,692.00
388.32 34,074.29 49,539.91
4.827.25 18,986.29
7.649.79
8,304.90
1,174.42
1,114.15
5,506.82
5,188.46
5.78 16,510.00 12,745.00
63.45
4,310.56
7,982.35
io
li
12
13
14
15
3,723.00
Total P
ments
130,765.41 15,870.50
724.74 147,360.65 190,997.13
Ex¢ess/(defitit) of Recelpts over Payments
for the year before transfers
58,139.83
3.346.81
61,486.64
6.684.18
Transfers
Ex¢ess1(deficlt) of Recelpts over Payments
for the year
58,139.83
3,346.81
61,486.64
6,684.18
On Behalf of the Trustees
Mr Kenneth Mccoy
Tre
urer
Mrs
Secretary
erby
Date: 11 October 2024

Parish of Donaghdoney
Pa8e 9
Statement of Assets and Liabllltles as at 31 December 2023
Notes
Unrestrlcted Restrlrted Endowment
Funds
Funds
Funds
2023
2023
2023
Total
2023
Totsl
2022
Cash Funds
Current Accounts
Total Cash Funds
16
230,095.03
230,095.03
10,446.81
10,446.81
240,541.84
240,541.84
179,055.20
179,055.20
Investment Assets
Investments in RCB / CIT
Unlt Trusts
Danske Bank
Investment Property
Total Investment Assets
17
9,477.21
6,400.00
9,477.21
153,065.00
135,000.00
297,542.21
9,477.21
153,065.00
135,000.00
297,542.21
146,665.00
135,000.00
281,665.00
15,877.21
Assets retalned for the Parlsh's
own use
Parish Halls
Glebe House
Glebe Land
Total Assets retalned for the
Parish's own use
19
377,231.00
265,000.00
45,000.00
377,231.00
265,000.00
45,000.00
377,231.00
265,01]).00
45,000.00
687,231.00
687,231.00
687,231.00
Net Assets
1,198,991.03 10,446.81
15,877,21 1,225,315.05
1,163,828.41
On Behalf of the Trustees
Mr Kenneth Mccov
Trea
Mrs
Secretary
la Derby
Date: 11 Oth)ber 2024

Parish of Dona8hcloney
Page 10
Notes to the financial statements for the year ended 31 December 2022
Accounting policies
Set out below are the principal accounting policies which have been adopted in the compilation of the Receipts and
Payments Account and the Statement of Assets and Liabilities
(a) Receipts and Payments Account
All items of income and expenditure included within the Receipts and Payments Account have been accounted
for on a cash receipts bas1S.
Ib) Statement of Assets and Llabilities
{1) A55et5 retoinedfor the Parish's own use
The assets of the Parish, retained for its own use comprise:_
Holy Trinity Church Building and Graveyard
St Patrick's Church Building and House
Holy Trinity Halls
St Patrick's Hall
Glebe House
Glebe Land
Holy Trinity Church Building and Graveyard and St Patrick's Church Building and House are deemed to be Heritage
assets as defined by the Charities SORP IFRS1021
These Heritage assets are not included in the statement of assets and liabilities as information on the cost or
valuation is not available and such information cannot be obtained at a cost commensurate with the benefit to
the users of the account5 and to the parish.
The Parlsh Halls
Holy Trinity Halls and St Patrick'5 Hall are recognised at C05t of construction / acqui51tion. No depreciation has
been provided on the parish halls as the current estimated residual value is not less than its carrying value and
the remaining useful life currently exceeds 50 years,
The Glebe House deemed cost IS the valuation placed on the property by Land and Property services. No
depreciation has been provided on the glebe house as the current estimated residual value is not less than its
carrying value and the remaining useful life currently exceeds 50 years.
Glebe Land is shown at current agricultural value.
11) Investments
Investment in RCB/CIT Unit Trusts are recorded at cost.
Investment Property deemed cost 15 the valuation placed on the property by Land and Property Services.

Parish of Donaghclonev
Page 11
Notes to the financial statements for the year ended 31 December 2023 (continued)
2023
2022
Donatlons
F W O Envelopes
Loose Collections
Gift Aid120221
Sundry Donations
134,439.10
1,707.20
26,711.00
3,665.00
166.522.30
123,631.50
1,707.82
30,986.06
2,155.00
158,480.38
Proceeds from tund raising events
Christmas Fayre
Harvest Appeal
45in25
2,646.00
7,019.50
8,474.81
18,140.31
3,205.00
6,519.00
7,100.00
16,824.00
Bank interest
No l Account
483.08
370.67
483.08
370.67
Investment income
RCB
228.93
219.23
CIT
345.41
380.78
Board of Education
Danske Bank
Property Rental
148.75
3,634.80
8,699.88
13,057.77
148.75
229.73
8,699.88
9,678.37
Rental of premises
Church Halls
Land Letting
4,205.00
400.00
3,930.00
400.00
4.605.00
4,330.00

Parlsh of Donaghcloney
Page 12
Notes to the flnancial statements for the year ended 31 December 2023 (contlnuedl
2023
2022
Collections for third parties
Church Army Boxes
Confirmation Service
Bishop's Appeal
Soup Kitchen Peru
Remembrance Day
CMSI Box
210.00
200.00
220.00
230.00
1,260.00
1,800.00
220.00
620.00
745.00
13.00
3,723.00
1,795.00
Other receipts
Scheme Income
Wayleave
Presentation- Rev G Okikiolu
411.58
394.14
14.25
12.98
3,560.00
85.77
Sundries
35.00
460.83
4,052.89
Wages and salaries
Clergy
National Insurance
Clergy Pension Fund
Clergy Expenses of Office Allowance
Employment Allowance
46,758.00
5,247.07
10,848.00
800.04
58.637.60
6,167.63
13,836.45
970.02
14,829.591 16,167.631
58.823.52
73,444.07
Church running costs
Lighting & Heating
Insurance
4.965.19
5,739.70
434.45
8.283.44
5.147.20
433.53
Water Rates
Repairs & Maintenance
Cleaning Materials
Organist5
22,460.16
354.79
35,224.64
251.10
120.00
200.00
34,074.29
49.539.91
io
Glebe costs
Rates
1,979.11
2,459.14
389.00
1,877.56
16,241.45
867.28
Repairs & Maintenance
Lighting & Heating
4,827.25
18,986.29

Parish of Donaghcloney
Page 13
Notes to the financial statements forthe year ended 31 December 2023 (continued)
2023
2022
li
Parish halls costs
Lighting & Heating
Water Rates
4,069.02
650.23
5,887.85
543.62
Repairs & Maintenance
Cleaning Materials
2,808.30
122.24
1.873.43
7.649.79
8,304.90
12
Rental property costs
Rates
1,174.42
1.174.42
1,114.15
1,114.15
13
Adrninistrative costs
Clerical Help
Photocopier
Printing & Stationery
Postage & Telephone
Bank Fees
Gift Aid Expenses
340.00
80.00
444.41
391.19
2.844.96
494.22
2,757.63
452.07
409.40
445.98
973.83
1,061.59
5,188.46
5.506.82
14
Charitable donations
CMSI
Open Doors
S.A.M.S
Crosslinks
Church Planting
Love for Life
2,000.00
2,000.00
2,000.00
i.000.00
1,000.00
I,000.oo
500.00
2,000.00
2,000.00
1,950.00
1,000.00
1,000.00
500.00
CEF
500.00
500.00
Fields of Life
Gideon's International
Bible Society
Salvation Army
Tear Fund
Asia Link
Church Army Boxes
Bishop's Appeal
Soup Kitchen Peru
Ministry Fund
Girls, Brigade
Earl Haig Fund
500.00
500.00
500.00
500.00
500.00
500.00
500.00
500.00
500.00
210.00
1,260.00
1,800.00
220.00
200.00
620.00
745.00
230.00
300.00
220.00
16,510.00
12.745.00

Parish of Donaghcloney
Pa8e 14
Notes to the financial statements for the year ended 31 December 2023 {continued)
2023
2022
15
Miscellaneous
Freezer Ministry
Wreath
459.69
20.00
88.28
20.00
Study Materials
Sunday School & Youth Fellowship
Webslte
400.00
103.99
1,542.51
259.20
497.23
361.78
265.17
Catering
Coronation/Mission Weekends
Presentation - Rev G Okikiolu
Sundries
681.58
3,576.00
3,567.13
7,982.35
450.35
4,310.56
16
Current accounts
No l Account
85.527.18
58,941.66
124,096.08
97,421.85
30,918.58
22,691.69
240,541.84 179,055.20
Holy Trinity Fabric Fund
St Patrick's Fabric Fund
17
Investment in RCBICIT union trusts
RCB
1,940.20
7,537.01
9,477.21
1,940.20
7,537.01
9,477.21
CIT
18
Investment property
3 Banbridge Road. Waringstown
135,000.00 135,000.00
19
Parish halls
Holy Trinity Halls
St Patrick's Hall
103,848.00 103,848.00
273,383.00 273,383.00
377,231.00 377,231.00
20
Reconciliation of Cash Funds
Miscellaneou5
Total Cash Funds at Beginning of the year
Receipts for the Year
Payments for the Year
Total Cash Funds at the year end
341,597.41
208,847.29
(147,360.651
403,084.05

Parish of Donaghcloney
Page 15
Notes to the financial statements for the year ended 31 December 2023 (contlnuedl
21 Movement In Funds
Atljan
Incoming
2023 Resources
Outgoing
Resources Transfers
At 31 Dec
2023
Endowment funds
Nicholson Bequest
Brown Endowment
Bailie Bequest
stewart Bequest
Pearson Endowment
Diamond Bequest
Leathem Bequest
Lowther Bequest
Waring Bequest
Atkinson Bequest
Mccarten Bequest
Bunting Bequest
Frier Bequest
Wright Bequest
Anon Bequest
Ferguson Bequest
Wright Bequest
Henning Bequest
Purdon Bequest
Anon Bequest
Downshire Bequest
Whaley Bequest
Cranston Bequest
Haddock Bequest
Anon Bequest
Smythe Bequest
Purdon Bequest
Waring Bequest
2,200.00
2,700.00
500.00
51.70
63.45
151.701
163.451
111.75)
123.50)
{31.681
12.77)
15.541
111.551
{206.951
11.851
14.161
13.70
13.70
17.39
{26.791
138.341
10.991
11.351
15.901
{0.821
{3.54}
{29.011
14.391
164.391
136.911
15.901
15.921
170.80)
1724.74)
2,200.00
2,700.00
500.00
11.75
1,000.00
691.31
23.50
1,000.00
691.31
31.68
2.77
60.48
60.48
120.96
5.54
120.96
252.00
4,515.75
40.32
11.55
252.00
206.95
1.85
4.16
4,515.75
40.32
90.72
90.72
80.64
80.64
3.70
80.64
3.70
80.64
161.28
584.63
7.39
161.28
26.79
38.34
584.63
836.62
836.62
21.66
21.66
11.50
50.00
0.99
1.35
11.50
5.90
50.00
7.00
0.82
7,00
30.00
245.83
3.54
30.00
245.83
29.01
37.22
4.39
37.22
545.65
64.39
545.65
312.81
312.81
36.91
50.00
5.90
50.00
50.19
5.92
50.19
600.00
70.80
600.00
15,877.21
724.74
15.877.21
Restricted funds
Nol Account
3,723.00
6,347.50
9,146.81
19,217.31
13,723.001
16,347.501
15,800.001
{15,870.501
Holy Trinity Fabric Fund
St Patrick's Fabric Fund
7,100.00
7,100.00
10,446.81
10.446.81
Unrestricted funds
No l Account
Holy Trinity Fabric Fund
St Patrick's Fabric Fund
Deposit Account
58,941.66 177,565.10 {150,979.581
97.421.85
32,507.55
{5,833.32)
15,591.69
5,294.50
1414.42)
146,665.00
318.620.20 215.367.15 (157.227.321
85,527.18
124,096.08
20,471.77
146,665.00
376,760.03
Total funds
341.597.41 235,309.20 (173,822.561
403.084.05

Parish of Donaghcloney
Page 16
Notes to the financlal statements for the year ended 31 December 2023 Icontinuedl
Pur
oses of Endowment Funds
Income from the Bequests and Legacies are used for stipend, upkeep of graves and general purposes.
Pur
oses of Restricted Funds
Holy Trinity Fabric Fund -£6,347 was spent on Dry Rot Repairs in Holy Trinity Church.
St Patrick's Fabric Fund - £5,800 was spent on Paving at St Patrick's Church. Part of this fund1£9,7751 is for 45 in 25
Project and1£6721 is for Path at Curatage.
22 Transactions with the Trustees
The Incurnbent and Curate Assistant were paid directly by the Parish as detailed in Note 8.