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 A￿D 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- PrOgr￿￿1￿C Building st￿le(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 !'e*r
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 FU￿D
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 Sthlen￿ts ￿'¢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 Recomm￿ded 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 obJ￿ts of the chan.ty and comprisL"s the following:_
Cosis of raising and generniing funds.
ActiviliLS in furtherance of the elwit￿5 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 eX￿di￿re inctsrred in ihe managemeni of the charli￿S &sse
organisaiionai adminisiration and compliance ￿'1th chan"iablL and s￿￿(Ory requirLXnL￿lS.
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 ￿eM￿lonS.
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 S￿lement of assets and liabilities &$ inforn)ation on the cost or valuation is nol
al'ailable and such infornuiion cannoi be obthined ai a cosl comm￿U￿te 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 s￿￿1¢1¢nt
reliabiliry. A8 a resuli this building is reCO￿lSed in the parish siaiewthi of assds and liabilities.
Reelory
ThLfL' are no reliable records of the cost of this consm￿lI0n.
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
T￿al
FWO envelopes. sianding orders and annual subscripiiMs
FWO gift aid rebaies- Note 20
Other giving- Note 20
caS￿p1ale 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¢On￿llE 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 EndO￿nien1
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 alk￿aled 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 DeLern￿r ?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 aCcoL￿t- I￿erest
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. locoM￿ory expenses and employeTs NIC
- CIT - Vario￿$ siipend bequesis
- RCB- Various stipend b￿ueStS
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 A￿D 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
Insura￿e- 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
Uttrestri￿ed 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
unr￿tricted Desi
Funds.
Funds
Toial
Fund
2023
Funds.
Funds
?024
Annual donalions - N￿e 20
Compuitt and IT
Danske Bank Fees
DiL￿￿n As's¢ssm¢rtt
Electriciry and gas - Church a￿1 hall
Le&$ . RCB - Various Iwuesis
Gazdie ¢0sis
Minisuy &ssi.stani's emplOyn￿nI costs
IPJid fium Sr James. Ell&)￿7￿¢￿i Gr*il
m1￿clIanc0uS
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 a￿1 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¢ do￿tIonS 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
Nomi￿11
in
Uiii
r unil
RCB - Generdl Unli Trust {Nl)
CIT - Unit T￿￿1 - SpeLific donations and bequests
CIT - Capital Fund- Unli Trnsi
M&G tnvesth*nis (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 C1￿1r 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 st￿erage 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 A￿D ST. JA￿lEs. 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 A￿D 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 S￿letY
DI￿esan Council
Ph￿lopl1a(eS
POP Photography
Pn"ory Singers
Spe¢ch and Drama
Walkers Group
Weighiwaichers
120
1,$60
418
Charlt
Anonwus
Cavehill Cornmunity Cknir c￿ert
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 FO￿bank
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