THE PARISH OF ST. PETER AI%D ST. JAMES. BELFAST Statement of Financial Aclii'itie5 for the year ended J I Ikcember 2024 Not INCONIINC RESQLRCES Free will offerings t)onati0rn8 and grants Inieresi and othtt investhient income Renial in¢om¢ - St. Jamts Property Insurdnce re Organ repairs 78.589 24.490 78.589 68.789 3.(6 79,188 50,505 43.999 1,350 16.183 16.183 I¢K).145 3(Ml 60.18? 133.838 EXPEI%DITLRE CILYgy costs Reciory costs ChurLh ¢thts Parochial hall costs GenLrdl costs Si. James propery costs 56.170 3.696 15.981 .765 42.277 5.793 56.170 54.676 9253 19,882 1.702 48.055 7.786 1.5(K> 19.613 35,594 1.765 61,524 5.793 22.247 10 14U 41 Ih(I 141.-1£S (DEFICIT)ISURPLLIS OF INCO%IE OI'ER EXPENDITLRE FOR TIIE YEIIR 119.537} (7.(ty10) 16.821 (9.756) {7.517) Accumulaied surplu8 of income over eKpertdiiutt carried foTward ai l Jgnuary 2024 20.780 32J52 119.172 126,689 Accrned expenditure 17.815 {17.8151 Accumulated surplus of income oi'er expendilure carried fonTrard at 31 Deeember 2024 19.0$¥ 41.18$ 49.173 IIP).416 19.172
THE PARISH OF ST. PETER AD ST. JAI¥IES, BELFAST Sialement of Financial Activities as al 31 December 2024 2024 20?3 Notes Flxed 4$ts Ini esimenis 12 115.012 114.636 Current assets Ikbtors and prepayments Bank balance- PrOgr1C Building stle(Y Bank balan¢e- Dansk¢ Bank- Curreni ai¢ount Bank balan¢e- Dansk¢ Bank- Deposil &C¥Ollnl 13 31,690 51.J89 6.596 30,679 73.561 132,844 123.848 Credllors: amounts falllng due wlthln ont !'er Crediiors and acLrued expenses 14 (7.176) (6.040) Net current 5sel8 116.67? 1 ?6.8( Total ntt assets 231.684 241.440 Fln*nced bi.: CIlPITAL FUD 15 122268 122.268 FUI%DS EIWIPLOYED UnrestriLied funds tkn'i¥natcd funds Rc%tricicd funds 19.058 41.185 49.173 20.780 66,040 109.416 19.172 ?31.684 ?41.440 The financial Sthlents '¢tr &pprovd by the of trusiets on 13th April ?025 and signed on their lthlf by:_ Mrs As'hlee T Mccune
THE PARISH OF ST. PETER AI%D ST. JAMES. BELFAST Notes to the Financial Statements for the year ended 31 December ?024 Aceountlng polieies The financial statements of The Parish of Si. Peiu atKI Si. James, Belfasi ha¥'e been preparal in accordance with Ihe Statement or Recommded Prnctice: Accounting and RerM)rting by Chariiies FRS 102. Ini'oming restsurces Incoming resources are accounied for on a receiveable basis. Jnve.S¢meni inc'ome Bank iniLrest is inLluded in the iwome and expenditUT¢ accounl on a receipts basis. Resourees twnded Charitsble ex"nd1tllre includes all expendAlu th"rLYtly relaiL to thL obJts of the chan.ty and comprisL"s the following:_ Cosis of raising and generniing funds. ActiviliLS in furtherance of the elwit5 objectives. The cosis ol aciiviiies in furtherance of the charitys objectives represeni the cosi of and senices aNI ancillary Irading costs ihai have been incurred in charitsble aciiviiies. Support costs of activiiies, Supp)rt costs of activities for charitable purFK)ses include salary cos Manag¢mcni and a(Imi"nistration of the charity. Management aftd &dminisiration cosis represent eXdire inctsrred in ihe managemeni of the charliS &sse organisaiionai adminisiration and compliance '1th chan"iablL and s(Ory requirLXnLlS. Toralion As a chariry, the church benefis from various Lxemptions fmm wiion afforded by legislatioJJ. It is not therefore liable to lax on any income or gains falling within ihoye eMlonS. Church Bulldlng5 The Church Buildings are deemed io be a Heriiage Assd as defined by the Chariiies SORP IFRS102). These Heritage A&sets are not included in the Slement of assets and liabilities &$ inforn)ation on the cost or valuation is nol al'ailable and such infornuiion cannoi be obthined ai a cosl commUte with the benef)I 10 the useTS of the accounls and io the parish. Church Halls Thcr¢ ar¢ no re¢ords of th¢ cost of this construction. avdilabl¢ and any valuatson apwoa¢h for such a Iwilding lacks s1¢1¢nt reliabiliry. A8 a resuli this building is reCOlSed in the parish siaiewthi of assds and liabilities. Reelory ThLfL' are no reliable records of the cost of this consmlI0n. As a result this building is Tecognised in the parish slaiemeni of &%sets and li&bililies.
THE PARISH OF ST. PETER AliD ST. JAMES, BELFAST Notes to the Financial Siatements for the year ended 31 Decembcr 2024 2 Incomlng resources - Free offerlDgs nTestri Tal FWO envelopes. sianding orders and annual subscripiiMs FWO gift aid rebaies- Note 20 Other giving- Note 20 caSp1ale collectiotLS S7J( 15.683 4.177 1.425 57.304 15.683 4.177 1.425 56.847 18.732 .660 1.948 79.18N 3 In¢OnllE rtsour¢es - Dottailons and grattts Unregtrirted Desi Fund Fuiid Total Fun(L Funds. Advenising Revenue Si. James, Indo.Men1 Fund Grani For Minis 21x1 200 Apprenticeshtps and Music Ministry Baptisms. weddings. funerals Belfas1 Ciiy Council "Still Aciii'e" Grani Repaid Belfas1 Ciiy Council Friendship Group Grdni Bequesis Charity ¢olle¢tions - Note 20 lknnaiions- NoiL 20 E&syfundraising Filming f¢¢s' Gazette- subscripiions and sales Hall hire- Note 20 15.989 15.989 110 (571) 15.989 455 1.152 300 1.000 1,881 .568 71 7.600 242 15.588 (571) 3.3?0 2.557 3.320 4.7( 201 2.150 201 252 16.577 252 16.577 15.0(K> 7.704 Hinds EndOnien1 15,(MM) 7.704 Hinds memorial window donation Si. James, Endowment FuThl Grant For Ministry Assislants TLG Family Fun Grdnt 4.160 300 )4.4 300 43,Wg 68.7119 4O.iO5 ' DL*ignatLYI funds reLeiied from filming at St PLterfs and St James will be alkaled between a Fabric Fund and a Special Purposes Fwid ai¥ording io lh¢ d¢i¢rminkii(KL% oc th¢ S¢l¢ii I'¢sty.
THE PARISH OF ST. PETER AISD ST. JAME& BELFAST Notes to the Financial Statements for the y¢ar ended 31 DeLernr ?0?4 4 Ineomlng resources- IDTrestment IDcoihie at tri 20?4 2023 Charifund- Dividends 1.962 20 710 176 1.8fA 20 582 152 Danske Bank- Curreni aCcoLt- Ierest Progressi¥e Building Sixieiy- Inieresi Sale of land i NIEI_ InierL%i NOIL I I RCB- General Unli Trusi Distributions- NO I I 20 710 176 177 3.066 S Expendlture- ClerLry' nrL%iricied De%"1 aied Resiricied Tothl Funds Total Funds Rectovs Stipend. locoMory expenses and employeTs NIC - CIT - Vario$ siipend bequesis - RCB- Various stipend bueStS Pension fund Rcli¢f Ll¢rgy 46.7 (341) 1721) 10.242 230 46.7(A) 1341) 1721) 10.242 230 44.579 (336} (6641 10.848 250 6.170 56.170 54.b76 6 Expendlture- Recto FuThJs Funds Funds Funds Funds 02 Raies In8urdnce and p8rt conten Repai 1.555 1.555 1.510 148 7.698 7J40 1.5 Less.'_ CIT- Rttiory mairttcnaAce 1105) 11051 (103} 7.340 1 ?.536 9.)53
THE PARl¢iH OF ST. PETER AD ST. JAMES, BELFAST Notes to the Financial Staternent5 for the year ended 31 December 2024 7 Expendliure- Chureh ai Church rqJaiTS - Noi¢ ?0 Waier and sewerage Insurae- Church and hall Organisfs emploiryneni cost.s Co%erisupplem¢ntAI orgTranLs1 f¢¢s Organ repaIr'M21nienanit Less: _ CIT Organ maintenance bequesl Sunday school Choral Burwy Si Paul's Prie81-in-charge f 508 1.214 3.136 8.019 .510 17.246 {210) 119 1.980 2.080 2,404 1.137 2.959 8.019 lJ90 1.214 3.136 8.019 1.450 16.183 1.063 (210) (207) 109 2.0 2.OSO 1.980 2.080 Less- CIT - Various Bequeqts for church upkeep RCB- vario Bequesis for church upkttp (8) (8) {8) 19.611 14 $1)4 19.SX? 8 Expendliure- Parochl*l Hall Uttrestried lkni Funds Fund led Restricted Furtds Totsl Funds 2024 Tothl Funds 2023 Church hall and conients- hL8urance Hall cleaning HAII mkinienance 863 863 840 802 900 62 62 1.76) 1.76)
THE PARI.%H OF ST. PETER AI%D ST. JAME% BELFAST Notes to the Financial Statements for ihe year ended 31 D¢c¢mber 2024 9 Expendltllre- General unrtricted Desi Funds. Funds Toial Fund 2023 Funds. Funds ?024 Annual donalions - Ne 20 Compuitt and IT Danske Bank Fees DiLn As's¢ssm¢rtt Electriciry and gas - Church a1 hall Le&$ . RCB - Various Iwuesis Gazdie ¢0sis Minisuy &ssi.stani's emplOynnI costs IPJid fium Sr James. Ell&)7¢i Gr*il m1clIanc0uS New equipment Parish catering PrintingTr and %lation¢ry. net of r¢¢eipts SeLretarial eMplO.ment Losts incl. nsI4 and n&ionai itts. T¢l¢phon¢ and bn)adband TLCJ fees 3,114 3.114 134 162 10.038 8206 181 252 7.946 134 162 10.038 8206 18) 729 9.686 8.324 (8) 252 1,440 2.436 542 2.979 3,313 I.2 1.448 1.475 16.201 1.783 422 255 677 .734 1,734 ALcouniancy Lansdowne parish lunches Choir SurpliLes Hinds Memorial Window 875 875 1269 2.723 7,704 875 1269 1.416 7.704 IJO7- Le&$ . crr Variou% Bequests f(r parish puryM)5es Less . RCB - VAriOUS Erfqu¢sis. for parish purposes (934) 1551) (934) (5511 (922) (515) 4S.054 10 Expenditure- St. James Property UrtrtstricT¢d Desi ted Resiricied Funds. Funds. Funds Totsl Totsl Fund 2023 2023 Electricity and gas Insurances Repairs and nwintenaftce Legal fLes PropLYiy valuation fee WaiLY a1 sewerdge 48 48 467 .422 .422 1,323 6.236 3J36 540 447 3,336 540 447 352 Less - Contributions for ulilily costs (592) 7.7¥(>
THE PARISH OF ST. PETER AI%D ST. JAMES. BELFAST Notes to the Financial Statements for the year ended 31 December 2024 I I Interest eapitalfised Funds Fund Funds •013 2024 Sale of land (NIE} - Interesi RCB - Genernl Unli Tn[ Disiribuiiotts 176 176 152 199 199 177 J75 375 330 12 Ini'estments Cost Cost Value ai Value at 20?4 20?3 31,'1?,,?0?4 31111;'2023 RCB - Lands sale (Nlll - Cash on de[)SIt 5.141 4.965 5.141 4.965 RCB - Genernl Unit Trus1 {Nl) 5.?1 UriW4¢wdi&l 19.165 18.966 46.124 45.091 CIT - Unit Trnst - Spe¢ifi¢ dotIonS and bequests 34.701 34,701 58.949 53.768 CIT - Capital Fund Unli Trusi 21.(K)5 21.(K)5 48.840 48.589 M&G Inveslmenls (Charifund) 35,(KK) 35.(KM) 32,092 31,277 114.636 191.14 18.1.690 Nomi11 in Uiii r unil RCB - Generdl Unli Trust {Nl) CIT - Unit T1 - SpeLific donations and bequests CIT - Capital Fund- Unli Trnsi M&G tnvesthnis (Charifund) 10.622.53 34.356.10 28.464.77 2.179.59 4.334 1.7158 1.7158 14.724 I%OTE Ai the dale of signing the accounis. confirn)aiion of ownership. the number of and value of. the CIT Capitsl Fund '8s ouisianding.
THE PARISH OF ST. PETER AI%D.ST. JAMES. BELFAST Notes to the Financial Statement5 for ihe year ended 31 December 2024 13 Debtors and prepal'ments 2024 202 BCC grant rLxLlI.'able Bridge Club donation Ca.¢*hI11 Community C11r con¢ert Chairs dqKisit - Designated funds Fireplace derM)Sit - Designated funds Gift aid refund Hall hire Insurance prepaid R21¢s prepaid Re Choir surplices Waier Imd sterage prepaid 3(K) 1299 30 16.065 .750 5.631 5.887 393 259 307 5.598 376 292 11.691) 6.£96 14 Credhtors and accrued expenses 2024 202 Accountancy Benel'oleni Fund- Funds. Noie 16 Bridge Club - Funds. Nole 18 Charilable donations 875 1.082 2299 25 1,492 21X) 137 875 1.555 619 25 892 2(K) 137 Chariiies Action Group - Funth. Note 17 COPTS chair deposil Crnlty CiLNxlness - Funds Key dewsits Pari%h Choir - Funds. Noie 19 PA YE and pension contribution Sunday School resource Waler and sewerdge 628 62 119 282 658 778 201 7.176 6.040
THE PARISH OF ST. PETER AD ST. JAlEs. BELFAST Notes to the Financial Statements for the year ended 31 Dcccmber 2024 15 Capital Fund Interest RLYeii'ed and Wiihdrawals Held al Held ai 16 Benei'olent Fund Totsl Funds Totsl Funds 2024 202 Funds received Clift aid lax on funds received Funds expended 30 14731 (473) 473 IX641 (1134) 834 Transfer (SurpluslDeficii talfrom fund 17 Charitles Action Group Totsl Funds Totsl Funds 2024 20? Funds received Ciifi aid lax on funds received Donaiiort% made 480 120 1.155 289 {600) 844 Transfer (Surplusweficii lalfrom fund 16001 18441 18 Brldge Club Funds received Ik)nalions made 2.580 (3.199) 1619) 619 2.366 11,8iO) 516 15161 Transfer (SurplusVDefieii i(Qfrom fimd 19 Parlsh Cholr ?0? Funds received Gift aid thx on fLthds received tk)nalions made 310 63 11301 243 1301 (30) Transfer (SutplusVDefieii ialfrom fLmd ?43 1301
THE PARI.¢iH OF ST. PETER AD ST. JAMES. BELFAST Notes to the Financial Statements for the year ended 31 December 2024 Church Re airs/Mainlen*nce 20 MlseellanÈous note Sump Pump Ser%'iee Kitchen R¢Fkqirs Firc ExtinguishLY Smrice 250 49 209 Oth r Cli'ln Sun)mer special eolle¢iion SumUpKPayPal Anonymous Donaiion 2.572 605 5014 Hall Hlre 4.177 A Magee Bab) Sensory ChildrLm'S Art Dog Training Club KOK Tutoring NB Htstorical SletY DIesan Council Phlopl1a(eS POP Photography Pn"ory Singers Spe¢ch and Drama Walkers Group Weighiwaichers 120 1,$60 418 Charlt Anonwus Cavehill Cornmunity Cknir cert For Children's Hospice Chrisiian Aid Poppy Appcal Cjreenisland Parish 593 525 315 206 3.654 316 237 74 2,050 Paid out (L¥folloH's.' 16.577 ChildAid Air Ambulance Nl North Belfast FObank 426 426 426 Gift ,tid Received and receivable 15.803 (120) Nl I lospice Christian aid Poppy appeal Cjrttnisland Parish 426 To Chan"ties Action Gniup 15.683 237 3.114 The Children'% Hospice colleclion w'ill be paid oui in 2025 iogether wilh colleciions io be ma& in 2025. Church donAtions receii'td Fr(trrn Booksiall From Si John's Donegore For Lansdowne pari4h lunches For Men'ts Christmas lunch For Choir Surplice8 Fund Bridge Club 151 2(Kl 1.0 140 .416 1,799 4.71