Saintfield Parish Church Trustees, Annual Report and Statement of Receipts and Payments and Assets and Liabilities For the year ended 31 December 2023 Charities Number: NIC 101048
Saintfield Parish Church Annual Report and financial statements for the year ended 31 December 2023 Contents Pages References and administrative details of the Charity Trustees, Report Independent Examinerfs Report to the Trustees io Receipts and Payments Account li Statement of Assets and Liabilities 12 Notes to the financial statement5 13-16
Sainffield Parish Church References and administrative detai15 Charity Name.. Saintfield Parish Church Charity Registration Number: NIC 101048 Contact Address.. 4345 Main Street SaintField Ballynahinch County Down BT24 7AB Trustees Rev. Chris Pollock Jud¥th Stevenson Dawn Gordon Stephen Erskine Linda Bloomer Peter Andrews (Elected 20231 David Mccarter (Retired 20231 Kate Beattie Craig Weston June Butler Joy Whitley Craig Mccarter Carol Andrew5 IElected 20231 ryce Hetherington (Elected 20231 Rosemary Armstrong Leonard Hill Caroline Kearney Catherine Griffith Paul Olphert (Retired 20231 Principal Office-bearer5 Clergy= Hon. Secretary: Church Treasurer: Church Warden- Clergy.. Church Warden- People: Glebe Warden- Clergy: Glebe Warden- People: Rev. Chris Pollock Stephen Erskine Caroline Kearney PeterAndrews Carol Andrews Craig Weston Joy Whitley Independent Examiner Hamill Mcllwaine Chartered Accountants 28- 30 Old Mountfield Road, Omagh, Co. Tyrone BT79 7BJ Bankers Danske Bank 32 Main St. Saintfield, Ballynahinch Co Down BT24 7AB
Saintfield Parish Church 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 Saintfield Parish Church for the year ended 31 December 2023. Objectives and ActivÉtie5 The charitable purpose of the Church of Ireland is the advancement of religion. The principal function of SaintField Parish Church is to support the advancement of the Christian religion by promoting, through the work of the Saintfield Parish Church the whole mission of the Church, pastoral, evangelistlc. 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 Saintfield Parish Church h35 Custody of property and of records, materia15, and artefacts of significance to the cultural and religious heritage and maintenance of which is undertaken by the Select Vestry of the Saintfield Parish. Achievements, Performance & Public Benefit . Inir, , Welcome to the living Stone, the source of life. The workmen took one look and threw it out- God set it in the place of honor. Present yourselves as living stones for the construction of a sanctuary vibrant with Itfe, in which you'll serve as holy priests offering Christ-approved live5 UP to God. Peter 2.4-8 The Message I like Dave Walkerfs cartoons that you will find in the 'Church fimes. Newspaper and no more so than the one entitled "We are Church" I have bought the Cartoon Church License to Use his cartoon5 but this one is significant for us now. It shows how alive any Church is in it5 shape, strength shining outwards when every person is a living stone. When each person offers their'christ approved lives to God, then Church becomes authentically. This is the truth that Saintfield Parish has grown through over the past year.
Our shape as a living Church Coincidently. Dave Walkerfs shape of hi5 cartoon Church is identical to the physical shape of our own in Main Street. IVS like everyone in Saintfield Parish being joined together in a unique way, held together by those around us through our faith in Jesus. Church is being together, no matter who we are, what we look like, where we have come from, how long Saintfield Parish has been our home or how recÈnt or from when Jesus became our Lord. So how has our shape changed over the past year? Well, we have the addition of a new partnership with La Redenta Church, La Paz, Bolivia and Pastor David. Through SAMS Ireland, this partnership will be a great encouragement as we will both pray for and encourage each other as we share who Jesus is in our communities. Over the next 5 years. we hope to visit each other through SAMS and their Mission Co- ordinatorfs Stephen McElhinne¢s guidance. Sadly, in the last year our shape as a Church changed a little as we witnessed the passing of folk who have now entered that closer presence of Jesus. The shape of our Church will in the future See such missing spaces, so we always need to invite people back to Church and take up their place with us in regular Worship and Mission. It has been a ble55ing in 2023 to welcome Karen, Alice, Liz, Cecil, Margot, Kirsty, Loren, Lucas. Noah, Isla, Adam, Amy, Alice with Ava who was baptised on Motherfs Day 2024. One loss to us last year was Rose Armstrong as our Youth Worker who moved on in her calling last July to l Bangor Presbyterian. Rose exemplifies the great shape of a Jesus, discipleship, prayer, commitment. Her personality and giftings engaged all who met with her. We miss her in her role. The Vestry have decided to use a period of reflection and prayer before exploring a Youth/Family resource again. The bishop has indicated that he will also seek to identify someone who might be an addition to Saintfield Parish for thi5 ministry. Our Strength as a living Church While living stones individually shape how our Parish Church look5, only together in Jesu5 can we be strong. Each person in our cartoon church supports the other using their own strength to keep èveryone in place. Our Church only works best when we too all interlock together in a unique way sharing in responsibiltties and to be strong so that we might serve Jesus. One example of such shared strength is in our FWO giving. The FWO grew last year through the increased generosity of about 113 of our parish households. That extra £10 lat least) each month goes a long way to cover the ever-increasing costs of mission, overheads, staffing and the continual maintenance of the graveyard and church buildings.
This increase helped pay towards the overall c05t of the Wicarage refurbishment. It offsets the loss of dividend incurred from the use of our unrestricted investments and this has allowed u5 to pay for the work in full with no outstanding costs. The Vicarage has now been completed and we want to thank ME Crowe and their team for all the hard work in achieving such a great finish. This IS Parish asset for years to come. I plan to put together a video telling whole story of the work from beginning to end. Thank you to everyone involved. We also used our finance to re-mark the Church car park and fix the lighting to make everything safer. We have also addressed the deterioration of some Church windows. refurbished the Church Noticeboard, and upgraded the fuse box in the main Parish Church building and replaced the radio mics to eradicate the continuous interference. This year, we plan to replace the Church front door through a very generou5 donation and may have to replace the ride on lawn mower used in the graveyard. However, we must maintain our financial strength in what more we can give. If you have not been able to increase. please consider doing so. An extra £10 a month goes a long way. We also want to help people move from envelope5 to Standing Orders. With the closure of the Saintfield Dankse 8ranch in June 2024, we will now how to travel to make deposits. Standing Orders help overcome that need. Sally in the office will be happy to advise how to Set this up. We need to balance our books as a charity to fulfil our Jesus Mission and Ministry. Our strength also comes from how we support each other through the activities of Church life. A big thank you to all our volunteers who give up so much in many organisations. There are too many to name, but a big thank you the Mother< Union Committee for all their hard work and especially to Marion Edwards as Chair, 6 years in looking after the Mothers, Union. A real blessing of support and organisational skills. Helping YQU service glv• skill time fun improve offer howev¢r grateful ',)po:- ¢8rirsg ii*iyaL'- involved trpport41nj.J la¢al po¥i¥vq motivate rèspe¢t human r.- htsppy l also want to say thank you to all involved with Wednesday Welcome Team of Julie, Andree. Ann, Mervyn who connect with so many in the community. For those who help lead in REFRESH and our Youth Work on Sunday / Friday night. thankyou. Without Craig, Sarah, Dan, Harry, Toby, Wenda + David, we could do nothing. A big thanks to Jean looking after Knit and natter on Monday. A great wee community group who enjoy everything they do. Well done. generous feeling .' SOD 911 aiiruistse talent nce tryndt2r initiative 4w1.,l iroasurys ILrÈ thu.r., l< worth Thank you also to our Select Vestry / Trustees who also offer so much as volunteers: Stephen Erskine as (Hon Secretary) who keep5 brilliant Minutes and write5 the clear letters,. Caroline Kearney (Hon Treasurer) who crunches the numbers and keeps us right with the Charity Commission- Joy Whitley & Craig Weston as Glebe-wardens who were very much part of the Vicarage project,. Peter & Carol Andrews who looked after us so well as Church Wardens over the past year. The Vestry also ha5 people involved with the Graveyard, (Linda) and with Safeguarding IKate & Rosemary) all of which are very important and essential roles. We have recently updated our Safeguarding Policy, Graveyard Regulations a5 well Parish Hall regulations. There are people who also 5UPPOrt the larger church using their specific people skills. Dawn Gordon works with the Vicar as a Parish Visitor offering significant time and sUPPOrt in being there with folk. I know there are others in the Parish who a150 ViSIt and care and l am very grateful for all they offer. Thankyou.
Donna Matchett spiritually leads the 8.30am Holy Communion and Denis (Her dad) is our Church Warden, always on time and organised. Our thanks also Canon lan McDonald for his deeply appreciated godly assistance in Worship and to Alan Higgins who faithfully every month, to lead and preach and encourage us at our 10.00am Morning Worship. And of course, to Jackie, the hidden PowerPoint man who makes all the slides click even when Chris interferes O Michael Harris as our organist is such a blessing keeping u5 right with the music, adapting and helping u5 to grow in our worship. His provision of music for Sunday Worship, Weddings and funerals is deeply valued. The parish also offers a support strutture that employ staff to make u5 operate efficiently as a charity- Sally Milligan in our Office gives so much assistance to the Vicar and Parish in how she administers all the normal day to day routines. She is a self-starter and a warm welcome to the many who come into Church House. Jean Perrin is invaluable a5 Assistant Treasurer and with Caroline and Sally, keeps everything paid on time and clearly recorded. lan Gordon as Sexton keep5 everything in the Parish Hall, Carpark, Church and Graveyard up to a fantastlc Standard. Through his upkeep of our hall, we have grown the number of communitygroups over the past year who use it. lan has everything set up for them and the Church itself is always ready for worship every Sunday. Thank you. William Drury looks after the Graveyard as Convenor, not just co-ordinating Funeral Services with Norman McBriar and others, but answering any queries the public might have. This is a complex need and William ensures that the Graveyard offers the highest level of care and attention to all. Thank you. Finally, we are strong togetherthrough everything we all give in our own way. Coffee & Tea after Church, those who read the Bible in Church or lead in Church Prayers, Ronnie White and his leadership team arranging Men Alive to clear up the weed5 that never Stop growing in the Church grounds, Leonard Hill beginning to put together a new magazine and with Muriel, delivering the weekly Newsletters. Badminton and Bowling organised by William and lan connect us with people in Saintfield in a great way. Then there are those who support the Christmas SITOUT to raise money for charity, the Christmas Street Fair volunteers as well those looking after Pitter Patter Ithank you Sarah, David, Valda, Joanne & Dawn). These are hidden job5 that help glue together our Church and Mission. so SPC grows stronger for Jesus and lives for him. We still however need more volunteers to maintain what we do. More people foryouth work. Tea and Coffee, leadership in some organisations that need the injection of your strength that only your individual stone can bring. It doesn't matter what shape or size your life and faith is, our Church can fit what is offered into the shape our Parish Church can become. Please however, do not wait to be asked to do something. You might see somethingthat has been forgotten about or only you can do. So step up, volunteer, serve God and 5aintfield Parish Church in the way only you can. Our Shining outwards as a living church. This might not be obvious from looking at the Church Cartoon. But lookl I I People are Shining Jesus outwards through their smile and sense of joy of being together. They shine Jesus outwards to those not in their Church I I Our Church also must always shine Jesus outwards. If we stop looking out at the world and Church becomes the place where we only look at ourselves, then our shape and strength becomes irrelevant and we will shrink and die.
Last Ortober, we took the opportunityto shine Jesus outwards through our Church Mission 'FOUND'. We wanted people to experience Jesus shining into their hearts. We wanted people to encounter something bigger for life and death. We wanted people to discover that the darkness of their sin no longer needs control them. Our speakers offered so much and it was a real Je5Us' glue for Saintfield Parish Church in its energy and power. WHY NOY COP4e aLON iKvITe oYHeRS. expeRleNce f¢uKD'. fouND We plan some more'shining, in 2024-25. Through our growing partnership with l and 2. SaintField Presbyterian Churches, I have been meeting with both Sam Bostock and John Torrens to explore greater collaboration in Mission and of how we all together can tell Saintfield of Jesus Christ. We can now confirm that Rico Tice from All Souls Langham Place, London will be with us for a Mission Weekend in February 2025. All three churches in the next months will be meeting together for prayer and preparation for this event so that together we can shine Jesus where each church exists in Saintfield. We hope and pray that together. we will ensure the Gospel message will shine brightly in Sainffield as God calls more people to be added not just to our Churches, but his Kingdom. We also will be arriving in 2026 at our 250, Anniversary. This is another opportunity to 'shine' as the living Stones. We need to pray and fully consider what that these special years might look like. We will need to begin to plan and prepare, for time will go very fast if we are not careful. Which leads me to the final truth of what it means to be We are Church. for as living stones who have the best shape. offer the truest strength, shine outwardly for Je5US, lls t2uoHr-.,.,,.--- We are sure! ! lllm Together as living stones, we are sure our God is in control. We sleep in peace for ultimately, we know when we wake up. God is in control for Jesus is OUR Living Stone. 1soLak 60 22 We as Saintfield Parish are sure of our Jesus, shape, strength and shining of God's love. We are safe and secure not because of everything we can do to make it work, but what Jesus has done for us and what the Holy Spirit will make happen through the promise of God's Word. We give thanks for the blessing of being living stones built together and God's blessing that shapes, Strengthens and shines upon our Christ approved lives. Let's continue to build Saintfield Parish Church not in our name but in the name of our Lord Jesus. Being and becoming more and more the authentic Church of Jesu5 Wlth open doors, open hands and open hearts for all. Everyone who God calls ever closer to him, to being known by Him and loved by Him and saved by Him that they too may be the living stones not just of Saintfield Parish but of God's Kingdom here on Earth and for then in Heaven with Him. Amen
Saintfield Parish Church Trustees, Annual Report for the year ended 31 December 2023 (continued) Financial Review On the Statement of Receipts and Payments for year ended 31 December 2023, Parish receipts total approximately £337k. This figure includes the sale of Parish unrestricted investment capital of approximately £140k, used to help fund the Vicarage renovation projett. We also received an extremely kind donation of £50k towards these costs. The capital was withdrawn from the investments, then transferred to the Parish bank account5 before being paid to the contractors. We have seen a rise in the number of Parishioner5 giving their Freewill Offering IFWOI by standing order. Thank you, thi5 helps us to budget and forecast future cash flow. Graveyard income has increased slightly. and we received a kind donation of £lktowards it, to be invested in M&G Investments. Parish Hall income Irental of premises) has again risen in 2023 as new group5 have continued to Use the Parish Hall and Users increase the number of hours they rent the complex. Long may this continue. 2023 saw the conclusion of the project to refurbish our wonderful Vicarage to bring it up to Diocesan standard and future proof for years to come. The spend was agreed by the Select Vestry Trustees in 2022 and am sure you will agree, was money well spent. However, this upgrade did come at a c05t. In addttion to £IOOk that was withdrawn from Parish investments in 2022, a further £55k from RB General Unit Trust INII and £85k from M&G Investments was required. This has had a negative impatt on the income provided by the investments. In 2023 we received approximately £6,500 less than 2022 35 expected. This will continue to be monitored and addressed this financial year. Restrirted investments were valued at £65k lapprox.) and unrestricted at £291k lapprox.). Other fluctuation5 were due to market performance and conditions. Running costs for the Parish continue to rise each year. Salary costs are up and most notable are the increases in fuel such as oil and electricity- Essential groundworks at the Hall were carried out in 2023 to fix the outside lighting issue to keep all user5 safe. A5 Costs remain high, we once again encourage Parishioners to give extra in their monthly FWO. Saintfield Parish have a dual control mechanism in place for both receipts and payments. Monthly reconciliations are performed and cross-checked ensuring financial allocations are correct. The financial position is presented to Select Vestry at each meeting and examination encouraged. Going 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 activities and the Financial Statements for the year ended 2023 can be signed off as a going concern. Structure, Governance and Management Governing Document and Constitution of the Charity Chapter 111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry members are the Charity Trustees.
Saintfield Parish Church Trustee Annual Report for the year ended 31 December 2023 (continued) Recruitment andAppointment of Selert Vesty (Trustee5) All members of the Church of Ireland who are over the age of 18 and are either resident within the Parish or live elsewhere but have been accustomed member5 of the congregation for at leastthree months, may register as members of the General Vestry of the Parish, allowing them to attend and vote at meetings of the General Vestry and to stand for election to the Select Vestry. Meetings of the General Vestry are held at least once a year. The Select Vestry is elerted as part of this General Vestry meeting. The Select Vestry will hold their positions for a period of one year. Select Vestry member5 may be re-elected annually and there is no limit on the number of terms which may be served. Payand remuneration The Vicar is paid according to the Diocese of Down and Dromore grading of Saintfield Parish as a 'U Parish along with the Locomotory and Office expenses as passed by General Synod 2021. Oryanisationalstrutture The Select Vestry is responsible for the day-to4ay management of the Parish. The Select Vestry consists of the member of the clergy serving in the Parish, two Church Wardens, two Glebe Wardens and generally not more than twelve other members of the General Vestry eletted at the Easter General Vestry. The Select Vestry is chaired bythe incumbent Ivicarl of 5ainffield Parish. Selert Vestry members are responsible for making decisions on matters of general concern and importance to the Parish including deciding how Parish fund5 are to be applied. They a150 are responsible in establishing and maintaining the vision of the Parish, counselling the Vicar in regard to spiritual direction as well offering oversight regarding to the management of stsff, safeguarding trust and property concerns. The select Vestry meets at times fixed by the members or by the Diocesan Synod. Special meetings may be convened at anytime bythe Chairperson orthe Church Wardens. In 2023 the Selectvestry met on 8 occasions. The average attendance was 74%. Compliance 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 attives entered into during the year have helped to achieve the Parish's objectives and activities, as well as providing publi¢ benefit. Statement of Trustee5' Responsibilities The Trustees are responsible for preparing the Trustees, Report and the Statement of Receipts and Payment5 and Statement of Assets and Liabilities in accordance with applicable law and regulation5. The law applicable to charities in Northern Ireland with Income of less than £250,000 requires the Trustees to prepare ststement of receipts and payments and a statement of assets and liabilities for each financial year. The Trustee5 are responsible for keeping accounting records that are sufficient to show and explain the Parish's transartions and disclose with reasonable accuracy at any time the asset5 and liabilities of the Parish. They are also responsible for safeguarding the assets of the Parish and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Saintfield Parish Church Trustee Annual Report for the year ended 31 December 2023 (continued) Signed on Behalf of the Trustees Rev. Chris Pollock Mr Stephen Erskine Mrs Caroline Kearney Date: 28 March 2024 28 March 2024 28 March 2024
Independent Examinerfs Report to the Trustees of Saintfield Parish Church We report on the accoLtnts of Sainffield Parish Church forthe year ended 31 December 2023, which are Set out on pages 11-16. Respertive responsibilities of charity Trustees and examiner As the charilrfs Trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is our responsibility to- Examine the accounts under section 65 of the Charites Act Follow the procedures laid down in the general Direction given by the Commission under section 65{9llbl of the Charities Act State whether particular matters have come to our attention. Basis of independent Examinerf5 Report We have examined your charity accounts as required undersettion 65 of the Charites Att and our examination was carried out in accordance with the general Dirertion5 given by the Charity Commission. Our examination included a review of the accounting records kept by the charity and a comparison of the 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. Our role is to state whether any material matters have come to our attention giving us cause to believe: That accounting records were not kept in accordance with sertion 63 of the Charities Att That the accounts do not accord with those accounting records That the accounts do not comply with the accounting requirements of the Charites Art That there is further information needed for a proper understanding of the accounts to be reached. Independent Examineffs statement We have completed our examination and have no COnrnS in respett of the matters111 to141 listed above and in connection with following the Direttions of the Charity Commission for Northern Ireland. we have found no matters that require drawing to your attention. i*akKbLL MOlLWabe Hamill Mcllwaine Chartered Accountants 28-30 Old MountField Road Omagh, Co. Tyrone BT79 7BJ Date.. 26 March 2024 10
Saintfield Parish Church Receipts and Payments Account for the year ended 31 December 2023 Unrestrirted Fund5 2023 Restricted Funds 2023 Endowment Fund5 2023 Total 2023 Totsl 2022 Note Recei Donations & plate collection Proceeds from Fund Raising Events Legacies Bank & Deposit interest Investment income Rental of premises Sale of Unit Trusts Grant5 Receipts from General Trustees Other Receipts 95,376 65,846 161.222 107,231 1,000 927 12,990 9,163 139,926 1,000 942 22,503 9,163 139,926 15 9,513 142 29,035 6,380 loo,000 2,165 2.165 1,190 Totsl Recei 261,547 75,374 336,921 243,978 Pa ments Wages and Salaries Diocesan Costs/Assessment Church Running Costs Rectory / Curacy Costs Hall I Property Costs Investment Property Costs Vicarage renovation expenses Purchase of fixed assets Purchase of new investments Administration Costs Fundraising Costs Charitable Donations 67.133 20,916 7,705 4,159 9,459 7,024 288,352 8.906 76.039 20,916 12,393 4,185 9,459 16,695 338,352 73,484 20,764 10,477 3,227 16,338 4,688 26 9,671 50.000 1,000 7.452 1,000 7,452 7,524 65 8.205 8.270 7,707 Total Pa ents 413,265 81.496 494,761 139,521 Excess of Receipts over Payments for the year before transfers 1151,7181 16,1221 IIS7,8401 104.457 Transfers Excess of Receipts over Payments for the year 1151,7181 16,1221 1157.8401 104,457 On Behalf of the Trustees Rev. Chri5 Pollock Caroline Kearney Date 28 March 2024 cfJ/t Date.. 28 March 2024
Saintfield Parish Church Statement of Assets and Liabilities as at 31 December 2023 Unrestrirted Funds 2023 Restricted Funds 2023 Endowment Funds 2023 Total 2023 Total 2022 Cash Funds Current and cash Accounts Deposit Accounts Total Cash Funds 29,951 137 30.088 19,755 500 20,255 49,706 637 50,343 104.229 103,954 208,183 Investment Assets Investments Total Investment Assets 290,666 290,666 64,751 64,751 355,417 355,417 500,914 500,914 Assets retained for the Parish's own use Wicarage Church House Total Assets retained for the Parish's own use 675,499 255,422 675.499 255,422 628,372 237,602 930,921 930,921 865,974 On Behalf of the Trustees Rev. Chris Pollock Vicar Mr5 Caroline Kearney Hon Treasurer Mr. Stephen Erskine Hon Secretary Date - 28 March 2024 Date - 28 March 2024 Date= 28 March 2024 12
Saintfield Parish Church Notes to the financial statements for the year ended 31 December 2023 Accounting policie5 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. lal Reoipts and Payments Account All items of income and expenditure included within the Receipts and Payments Account have been accounted for on a cash receipts basis. Ib) Statement of Assets and Liabilities lil A$5ets retainedfor the Punsh'5 own use The a55ets of the Parish, retained for its own use comprise= Church Building and Graveyard Parish Hall Vicarage Church House The Church Building and Graveyard are deemed to be Heritage assets as defined by the Charitie5 SORP IFR51021 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 accounts and to the Parish. The Parish Hall Was built / acquired in 1971. There are no reliable records of the cost of this construction/ acquisition and valuation approach for such a building lacks sufficient reliability. As a result. this building is not recognised in the Parish ststement of assets and liabilities. Ilnsurance values reconstruction at £1,208.1481 The Vicarage is recognised at its insurance value of £675,499. FQO depreciation has been provided on the Vicarage a5 the current estimated residual value is not less than its carrying value and the remaining useful life currently exceeds 50 years. The Church House is recognised at its insurance value of £255,422. No depreciation ha5 been provided on the Vicarage as the current estimated residual value is not less than its carrying value and the remaining useful life currently exceeds 50 years. li) Investments Fixed a55et investments comprising investments in M&G Charifund, NICIFC , investments in equities (ordinary shares) and investment in RCB/CIT Unit Trusts are stated at fair value at each year end date. 13
Saintfield Parish Church Notes to the financial statements for the year ended 31 December 2023 (continued) Reconciliation of Cash Funds Total Cash Funds at Beginning of the year Receipts for the Year Payment5 forthe Year Total Cash Funds at end of the year 208,183 336,921 1494,7611 50,343 Movement in Funds Atljan 2023 Incoming Resources Outgoing Resource5 At 31 Dec 2023 Movement Transfer5 Restricted funds Organ fund Scarlett bequest Property account Trusts and bequests account 4.354 9,148 3,818 422 6,450 65 Iiioi 112,0581 13,3821 312 15,6081 13,3171 4,666 3,540 501 6,646 2,841 55,175 10,421 75,374 12241 155,6581 110,0641 181,4961 2,617 14831 357 16,1221 11,595) 483 1,112 General Fund Graveyard Fund 7,668 2,411 26,377 3,880 20,255 Unrestrirted fund5 General Fund RCB deposit account Trusts and bequests account 81,670 100,136 192,925 55,631 1257,6351 1155,6301 164,7101 199,9991 12,991 29,951 137 12,991 261,547 12,991 1151,7181 (12,991} 181,806 1413,2651 30,088 Total funds 208,183 336,921 1494,7611 1157,8401 50,343 Pur oses of Investment Funds Income from the RCB Unit Trust bequests is used for various purp05e5 and is distributed according to the Terms of Trust on the Trust Distribution Report. The use of capital from these holding5 is not allowed except by special request and must be approved by Diocesan Council and RCB. Income from the Church of Ireland Trustees bequests is used for various purposes and is distributed according to the Terms of Trust on the Trust Distribution Report. The vestry holds sole authority to use. Income from the Cerstral Investment Fund for Charities bequests is used for variou5 purposes and is distributed according to the Terms of Trust on the Trust Distribution Report. The capital within these holdings can be used within the restrittions of the bequests. The Vestry holds 501e authority to use. 14
Saintfield Parish Church Notes to the financial statements for the year ended 31 December 2023 (continued) -Income from the M&G Charifund bequests is used for various purposes and is distributed according to the Terms of Trust on the Trust Distribution Report. The capital within these holdings can be used within the restrictions of the bequests. The vestry hold sole authority to use. Pur oses of Restricted Funds Organ Fund.. This 15 a fund to provide for the upkeep of the organ. Scarlett Bequest Fund.. Thi5 15 a distretionary account administered by the Vicar and Church Wardens to support the work of the Parish. Its money is restricted. Property fund- This is a fund to provide for the upkeep of the Church's properties. Trusts and Bequests Fund: This is a fund used to receive the income from the endowment funds and distribute the income according to the instructions of each bequest. Donations and Plate Collertions Unrestritted Funds 2023 Restricted Funds 2023 Total 2023 Total 2022 FWO and annual donations Cash collettions GiftAid Gift5 received Graveyard fees and donations Donations received Covid donations 75,489 1,902 15,260 75.489 1,902 16,501 72,982 333 15,046 1,241 2,725 9,179 55,426 11,904 55,426 10.333 7,027 1.510 95,376 65,846 161,222 107,231 Collections for Third Parties 2023 2022 Royal Ulster Constabulary GC/ Royal British Legion Poppy Appeal Boring Wells Charity Christian Aid Foodbank Ballynahinch Planting Fund Made for More Bishops Appeal Ukraine Appeal 2022 DEC Earthquake Appeal Alzheimer5 Society 324 435 80 200 280 190 963 1,546 241 3,430 1,233 2,466 5,176 6,212 15
Saintfield Parish Church Notes to the financial statements for the year ended 31 December 2023 (continued) The monies collected for the Alzheimers Society of £2,466 was rounded up to £2.500 by the Parish before being distributed. Similarly, the monies collected for the Planting Appeal of £963 was rounded up to £l.000 by the Parish before being distributed. 6. Transactions With the Trustees The Parish paid expenses of £4,185 relating to the running costs of the glebe house which is occupied by the rector. The Parish also paid £338,352 for the renovation of the glebe house in the year. Four Trustees received reimbursement of expenses totslling £5,186 during the year. The Vicar is paid a gross salary lincluding expenses and Locomotory Allowance) of £47,727 by the Parish. No Trustee or a person related to a Trustee had any personal interest in any contract or transartion entered into by the charity during the year. 7. Governance Costs Governance costs of £862 were incurred during the year of which £862 relates to fees paid to the independent examiner. Governance costs are included within AdminiSttion costs in the Receipts and Payments Accounts. 16
Easter General Vesty List 2024 Aldworth Mrs D Andrews P Mr Andrews C Mrs Armstrong Mrj Armstrong Mrs R Babes Mr D Barnes Mrs J Barnes Mr M Barrett Mr R Barrett Mrs N Bateman Mrs E Beattie M Mr Beattie K Mrs Bloomer Mrs L Brooks Mr MJ Brooks Mrs H Butler Mrs J Cannon Mr W Cannon Mrs F Cathcart Mrs W Cathcart Mr A Drury Mrs M Drury Mrs A Drury Mrs Drury Mrw Edwards Mrs M Erskine Mr S Erskine Mrs S FryMrJ Frymrsm Getty Mr A Getty Mrs J Gordon Mrs D Gordon l Mr Griffith Mr M Griffith Mrs C Harvey Mr I Hetherington B Mr Hill Mrs D Hill Mr L Jennings Mr C Jennings Mrs C Johnston Mr C Jordan Mrs H Kearney Mrs C Kerr Mrs J Lilley Mrs E Logan Mr5 A Logan Mr I Loney Mr D Loney Mrs M Lowry Mrs R Magwood Mr C Magwood Mrs J Matchett Ms D Matchett Mr D Matchett Mrs B Mccarter Mr C Mccarter Mr D Mccarter Mrs S Mccarter Mrs V Mcclurg Mrs A Mccullough Mr B Mccullough Mrs G McDonald I Canon McDonald B Mrs McGowan Mrj McKelvey Miss D McKelvey Dr J Mcmillan Mrs I Mcmillan Mr T McNamara Mr G McNamara Mrs P Morris Mrs J Morris Mr WH Morton Mr J Peak Mrs L Perrin Mr G Perrin Mrs J Pollock Mrs W Rea Mrs A Ritchie Mr H Ritchie Mrs J Rodgers Mrs S Rooney Mrs A Ross Mrs C Ross Mrs A Rountree Mr J Saville Mr H Saville Mrs H Shannon R Mrs Shaw Mrs G Shaw-O'Dohety Mrs J Smyth Mrs E Smyth Mr M Smyth Mr R Smyth Mrs V Stephens Lord WB Stevenson Mr N Stevenson Mr5 J Stevenson Miss H Todd H Mrs Todd J Mr Trethowan Mr J Wadsworth Mr H Wadsworth Mrs S Weston Mr C Weston Mrs S White Mrs P White Mr R Whiteside Mrs P Whitley Mrs J Wilkinson MrA Woodrow Mr D Woodrow Mrs E Young Mrs H Young Mr B