Seapatrick Parish Church (Banbridge/Seapatrick/Holy Trinity and St. Patrick's/Down and Dromore/Church of Ireland) Annual Report and Financial Statements for the year ended 31 December 2022 Registered with The Charity Commission for Northern Ireland NIC101230
Seapatrick Parish Trustees, Annual Report for the year ended 31 Dernber 2022 The Trustees present the annual report and financial statements for Seapatrick Parish for the year ended 31 December 2022. Reference andAdministrative Infvrmation Charity Name: Banbridge/SeapatricklHoly Trinity and St. Patrick's/Down and Dromore /Church of Ireland (otherwise referred to as "Seapatrick Parish ) Charity Registration Number: NIC101230 Contact Address: Church Square BANBRIDGE BT32 4AA Charity Trustees Venerable Roderic West Alison Adams {Mrs) David Adams- from April 2022 Oonagh Alway (Msl Robert Barr-from April 2022 Doreen Cherry (Mrsl-from April 2022 Chris Gilmore Roly Harwood John Hea51ey Paul Humphries Andrew Irwin {Revd)- until June 2022 Claire Jone5 (Ms) Michael Mccarter Lorraine McKinstry IMrs}- to April 2022 Cathy Morton {Miss}- from April 2022 Peter Morton Diane Ruddock (Mrs) Nigel Smyth Basil Stewart Darrell Stewart Ruth Taylor IMS) Caroline Walton IMrs)- to April 2022 Principal Offic&bearers Rector: Venerable Roderic West Secretary: Mrs Alison Adams Treasurer: Basil Stewart Bankers Ulster Bank, Bridge Street, Banbridge, BT32 3JT
Seapatrick Parish Trustees, Annual Report for the year ended 31 December 2022 Strurture. Governance and Management Goveming Document The Parish is administered in accordance with The Constitution of The Church of Ireland published by The General Synod of The Church of Ireland. Recruitment and Appointment OA Trustees All members of the Church of Ireland who are 18 years or over and are either resident or have been accustomed members of the congregation for at least three months, and have subscribed to parish funds in such a way that they can ask for a receipt, 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. A meeting of the general vestry, known as the Easter vestry, is held each year not earlierthan twenty-seven days before, and not later than twenty days after, Easter Day. The general vestry meeting may not be held W6thin the period from the Sunday next before Easter {Palm Sunday) to Easter Day (inclusive). At that meeting the Rector appoints a Rectorfs Churchwarden for Holy Trinity and a Rectorfs Churchwarden for St Patrick's; he also appoints a Rector's Glebewarden. The general vestry elect a People's Churchwarden for Holy Trinity, a People's Churchwarden for St Patrick's and a People's Glebewarden. The general vestry also elect twelve members to Serve on the select vestry, with the Rector, Churchwardens, Glebewardens and Curate Assistant. All members of select vestry are appointed as the charity trustees. The select vestry, chaired by the Rector, is responsible for making decisions on matters of general concern and importance to the parish includin8 decidin8 how parish funds are to be applied. Trustee5 do not receive remuneration, reward or other private benefit for carrying out their Trustee re5pon5ibility. Objertives & Actlvltles The charitable purpose of the Church of Ireland is the advancement of religion. The principal function of Seapatrick Parish 15 to support the advancement of the Christian religion by promotin& through the work of Seapatrick Parish, 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, Seapatrick Parish 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 Seapatrick Parish.
Seapatrick Parish Trustees. Annual Report for the year ended 310ecember 2022 Objertives & Artivftles (contlnuedj In setting our objectives and planning our activities for the year the Select Vestry have given careful consideration to The Charity Commission for Northern Ireland's Public Benefit Requirement statutory guidance to ensure that the activities have helped to achieve the chariW5 purpose and to provide a benefit to the beneficiaries. Beneficiaries of both the primary and secondary charitable purposes are the general public and no harm flows from its purposes. Any private benefit arising out of the fulfilment of our Christian ministry or to lay staff is essential to the fulfilment to the purpose of the advancement of religion, but is purely incidental to the purposes of our work. Achievements & Performance Our mission statement; 'Growing in God's Love and Sharing it with Others, underpins all that the Parish seeks to be and to do. We want to be a place where people come to faith and grow in faith as we show and share God's love to all those in the surrounding community - seeking to be the Church at the heart of Banbridge and Seapatrick. We offer a range of services on Sundays, throughout the week and over the course of the year, some following traditional format and others are of a more contemporary style. All are welcome to attend our services. We also provide weekly, monthly and annual programmes and activities for people of all age5. These include, Sunday Space/School, Creche. In5pire- Youth Fellowship, Ready, Steady, Gol - Kids Club, Drop- In for those of secondary school age, Parents & Toddlers, Rhyme & Bounce, Tots Get-Together, Who Let the Dads Out? Connect Groups, Choir, CAP Lifeskills, Scouts and Guides, Men's Football, Bowling Club, Knitting and Crochet Group, Mothers, Union, Ladies, Guild. We also run Alpha Courses and other prayer and outreach initiatives. We have an annual Fete in June, a Community BBQ and Fun Evening in September and a Candle- light Carol Service in December. We continue to invest resources and staff time into community engagement programmes, including establishing a Christians Against Poverty Centre, a Baby Basics initiative and a number of community- based youth initiatives. These programmes and activities provide an opportunity for people to come together, enjoy each other's company and relax in a friendly environment, to develop and enrich friendships, to build community and a sense of belonging. They provide opportunities for people to come to faith, grow in faith and be encouraged to live out their faith in daity life through the power of the Holy Spirit. We also provide pastoral care and support to people of all ages and at all seasons of life, especially in times of illness, bereavement, challenge or distress. Mission and outreach are central to our life and existence. We engage with a wide range of people through a variety of activities in order to reveal God's love through teaching and in caring and practical ways.
Seapatrick Parish Trustees, Annual Report for the year ended 31 December 2022 Achlevements & Performance (continued) The Rector issues a monthly letter to every family within the Parish. This letter, together with the Website, social media, provides information to parishioners and others about church life, minstry and mission activity and information about Parish activities and organisations. We've also developed links and partnerships locally, nationally and internationally. This has included giving £2,500 to the Southern Area Hospice, £1,800 to New Wine Ireland, £5,200 to CMSI- Church Missionary Society Ireland, £2,500 to SAMS-South American Mission Society, £1,800 to Fields of Life, £1,000 to Nl Children's Hospice and £1,000 to B Positive. FAnancial Review The Parish's principal source of income is from envelopes and standing orders. Our income from these sources increased by 4% this year. The CuTatage at Bannview Heights was let during the year. Reserves, both unrestricted and restricted, continue to be in surplus with an adequate level of net current assets for the continuation of operational activities. There are no area5 of financial concern noted by Select Vestry. Reserves Policy The Select Vestrys policy is to retain a level of free reserves or general resenies which matches its needs at the current time and in the foreseeable future. Free re5enies are those unrestricted reserves not invested in fixed assets, which are available for general use.
Seapatrick Parish Trustees, Annual Report forthe year ended 31 December 2022 Reserves Policy (continued) The main reason for holding reserves is to ensure that the charity has enough resources to fund its programmes and to hold sufficient resources to meet its commitments. The Trustees believe that our reserves policy is both responsible and prudent. but have not Specified a particular level of reserves to be held. At 31 December 2022 the Parish held unrestricted funds of £347,114 representing more than 9 months expenditure which is in line with what is regarded as an appropriate level. The Parish also held £851,832 of restricted funds which have been provided for the purposes specified in Note 16. Funds held as custodian trustee on behalf of others There are no funds held as custodian trustee on behalf of others. PlansAorAuture perlods The Select Vestry intend to: carry out significant repairs to the organ in Holy Trinity Church carry out necessary repairs and refurbishments to church property. The Select Vestry continue to support the development of the 'Christians Against Poverty Centre, the 'Baby Basics, project and 'Who Let the Dads Out?, project. The Select Vestry also continues to support the development of initiatives in the parish and the local community, as we seek to be the Church at the heart of Banbridge and Seapatrick.
Seapatrick Parish Trustees, Annual Report for the year ended 31 December 2022 Payments to Charity Mission and Charlty Payments CMSI Kiwoko CMSI - Maridi Bishops Appeal- Ukraine Appeal Bishops Appeal- Pakistan Appeal Bishops Appeal Bishop's Ministry Fund D&D Church Plant Tearfund Christian Aid Christian Pastoral Aid Society Church Army Crosslinks Earl Haig Poppy Appeal Fields of Life Church of Ireland & Methodist Centre in Queens Intercontinental Church Society South Amercian Mission Society Board of Education New Wine Ireland Summer Madness Church Ireland Orphans & Childrens Society Air Ambulance St Johns Ambulance Love for Life Kilbroney Centre Southern Area Hospice Nl Childrens Hospice VIP Club B Positive Banbridge High School Royal Black Perceptory Orange Order- District No 7 1,200 4,(X)O 4,214 500 500 100 1,000 1,500 225 250 1.000 300 610 1,800 300 loo 2,500 loo 1,800 150 300 250 300 1,000 500 2,500 1,000 150 1,000 500 375 520 30,544
Seapatrick Parlsh Trustees, Annual Report for the year ended 31 December 2022 Statement of Trustees. Responsibilities The Charities Act (Northern Ireland) 2008 requires charity trustees to ensure that accountin8 records are kept which are sufficient to show and explain all the CharItS transactions, which disclose with reasonable accuracy the financial position of the charity and enable them to prepare statement of accounts which complies with regulation under the Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable Steps forthe prevention and detection of fraud and other irregularities. In preparing those financial statements, the trustees are required to: Select suitable accounting policies and then apply them consistently; Make judgments and estimates that are reasonable and prudent: State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operational existence. Approved by the charity trustees and signed on their behalf by, TJ B Stewart Treasurer
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF SEAPATRICK PARISH I report on the accounts of the charity for the year ended 31st December 2022 which are set out on pages Ioto 21. Respective responsibilities of Trustees and Examiner As the charitvs 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 Directions given by the Charity Commission for Northern Ireland under section 6519)(b} of the Charities Act. and • state whether particular matters have come to my attention. Basls of Independent Examiner'5 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 65(9)(b) of the Charities Act. My 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. My role is to state whether any material matters have come to my attention giving me cause to believe: l. That accounting records were not kept in accordance with section 63 of the Charities Act 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements of the Charities Act 4. That there is further information needed for a proper understanding of the accounts to be reached.
Independent examiner's statement Since your charity's gross income exceeded £250,000 your examiner must be a rnember of a listed body. I can confirm that l am qualified to undertake the examination because l am a registered member of ACCA which is one of the listed bodies. I have completed my examination and have no concerns in respect of the matter5 (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. B. Magennis FCCA FCA For and behalf of S.M. Vint & Co Chartered Certified Accountants & Registered Auditors 8 Newry Road Banbridge BT32 3HN 28th September 2023
io Seapatrick Parish statement of Flnancial Actlvlties (includlng the Income & Expenditure account) For the year ended 31 December 2022 Note 2022 Unrestrlcted Restricted funds funds 2021 Unrestricted Restricted funds funds Total Total Income and endt>wments from Oonations and le8acles Income from charitable activities Investments Other 277,919 13.362 I33 55 4,569 282A88 6.191 19,553 1.533 58.504 273,253 17.490 1,968 50,647 3,010 923 32 276.263 18,413 2,000 50,647 I70 Total 34848 13N30 362,078 343.358 3.965 347,323 Expendlture on Fundralslng artivitles Charitable a¢tivlties 370A63 28A70 399,333 313,488 7,421 320,909 Total 370A63 2870 399333 313,488 7,421 320,909 Net IncominloU0Ing} resoLtrces before transfers {21,815) 115M401 137255) 29.870 13,456) 26,414 Transfer between funds 237 {2371 18911 891 Net movement In funds {21,578) 115,6771 (37.2551 28,979 12.5651 26,414 Reconclliation of funds Total funds brought forward 368,692 867.509 1,236.201 339,713 870.074 1,209,787 Total funds carried forward 16 347,114 851A32 1.198.946 368,692 867,509 1,236,201 The statement of financial actSvities includes all gains and losses re¢ognlsed in the year. All income and expenditufe derlve from contlnuing artivltles. The notes on pages 12 to 21 form part of these financial statements.
li Seapatrlck Parish Balance sheet at 31 December 2022 Note 2022 2021 Fixed assets 13 940xO 940,0 Current assets Debtors 14 18,704 249?62 17,920 284.781 Cash at bank and in hand 268,666 302,701 Creditors.. amounts falling due within one year 15 9,720 Net current assets 258J46 296,201 Total a55et5 less current liabblities L198.946 1,236.201 Total net assets 1,198,946 1,236,201 Unrestrlcted funds Restricted funds 16. 17 16, 17 347.114 851032 368,692 867,509 1,198,946 1.236,201 These financial stat2rnents were approved and authorlsed for Issue by theTrustees on..... and slgned on its behalf by'.- <£LI Ven T R West- Rector T J B Stewart- Treasurer The notes on pages 12 to 21 fom) an Integral part of these financtal ststements.
12 Seapatrick Parlsh Notes to the financlal rtatements forthe year ended 31 December 2022 General Information BanbridgelSeapatricklHoly Trinity and St. Patrick'slDown and Dromore/Church of Ireland (otherwise referred to as "Seapatrick Parish") 15 a registered chority in Northern Ireland (number NIC1012301- It is governed by its constitution as a Parish of the Church of Ireland and it5 principal place of operations is Church Square, Banbridge, BT32 4A4. St*ernent of compliance The financial statements have been prepared in accordance withThe Charities (Accounts and Reports) Regulations (Northern Irelandl 2015 and Accounting and Reporting by Charities-. Statement of Recommended Practice applicable to charities preparing their a¢counts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021- (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. AtcoJntlnB pollcies The principal accounting policies adopted. judgements and key sources of e5timatlon uncertainty in the preparatlon of the financlal statements are as follows.. a) Basis of preparation The financial statements have been prepared on a going concern basis under the historical cost convention and in accordance with Accounting and Reporting by charities= Statement of Recommended Practice applicable to charitles preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 Icharities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. The preparation of financial statements requires the use of certain critical accounting estimates. It also requires Trustees to exercise their judgment in the process of applying the charit5 accounting policie5. The areas involving a higher degree of judgment or complexity, or areas where assumption5 Qr estimates are significant to the financial statements are disclosed in note 4. The financial ststements include all transactions, assets and liabilitie5 for which the Parish 15 responsible in law. They do not Include the accounts of church group5 that owe their afpiliation to another body, nor those that are informal gatherings of church member5. The presentation currency Is £ Sterling. The Parlsh meets the definition of a publlc benefit entlty under FRS 102.
13 Seapatrlck Parish Notes to the flnancial statements for the year ended 31 December 2022 Accounting pollcles bl Fund accountlng Funds are classlfied as either restritted funds or unrestrirted funds. defined as follow5, Restricted funds are funds subject to Specific requlrements as to their use whlch may be declared by the donor or with thelr authority or created through legal processes, blrt still withln the wider objects of the Parlsh. Unrestricted funds are expendable at the discretion of the trustees in furtherance of the objects of the ch£rity. If parts of the unrestricted funds are earrtiarked at the discretion of the trustees fora particular purp05e. they are designated as a separate fund. This designation has an administratlve purpose only and does not legally restritt the tru5tees' discretion to apply the fund. c) Golng concern The Trustees have reviewed the charitVs flnancial position and conclude that they have a reasonable expectation that the charity has adequate resources to continue in operational exlstence for the toreseeable future. Thus they continue to adopt the golng concern basis of accounting In preparing the annual financlal ststements. d) Income Where incoming resources have related expenditure las wlth fundralslng income) the Incoming resources and related expendlture are reported gr055 in the Statement of Flnancial Actlvltles. Voluntary Income, Standing Orders, Plate Collections and Weekly Envelopes are accounted for on a cash receipts basls as the amount is receivable. Income arlslng from the rental of Parish Halls to third partles is recognised when the parish has entitlement to the funds. any performance conditions attached to the income have been met, it is probable that the income wlll be received and the amount can be measured reliably. Income from governfflent and other grants, whether 'capitsl' grants or'revenue, grants, IS fecognised when the charity has entitlement to the fund5. any performance conditions attached to the grants have been met, it is probable that the income will be received and the arnount can be measured reliably and is not deferred. Legacies are Included within Income under elther unrestritted or restricted funds accordlng to the terms under which the donation is made and when the amount can be quantified with reasonable certainty. Donatlons and 8ifts In kind are brought Into the account5 at thelr fair value to the ParI5h where thls can be quantrfied. The value of services provided by volunteers has not been included in these accounts. Investment income is Included when recelvable.
14 Seapatrick Parlsh Note5 to the flnandal statements for the year ended 31 December 2022 Ac¢ountlng pollcies e) Expendlture Expenditure is recognised on an accruals basis once there Is a legal or tonstructlve obligation to make a payment to a third party. it is probable that settlement will be required and the amount of the obllgation can be measured reliably. Irrecoverable VAT Is charged as a cost against the actlvlty for which the expenditure was incurred. The charity contributes to a defined contribution pension scheme on behalf of certain employees. The assets of the scheme are held separately from those of the charity in an independently administered fund and contributions are charged to the Statement of Financial Activities in the period to which they relate. fl Tangible assets The assets of the Parish comprise:_ Church Buil¢Jings and Grounds Parish Halls Rectory Curatages Glebe land Furniture, fittings & equipment (excluding artefactsl Holy Trinity Church, Banbridge and St Patrlck's Church, Seapatrlck (including all associated artefactsl are deemed to be Heritage assets as defined by the Charities SORP IFRS1021. These Heritage assets are not included on the balan¢e sheet as information on the cost or valuation 15 not available and suth information cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the Parish. Holy Trinity Church Hall is not physically attached to Holy Trinity Church. Banbridge (Heritage a55etl, but It is situated in the church grounds and is on the same title deed as the church. This hall was originally constructed in 1968 and is now in need of major refurbishrnent. There are no reliable recoids for the cost of its construction and any valuation of the hall would lack Sufficient reliability as its legal title cannot be separated from thatof the church itself. Accordingly no value has been ascribed to Holy Trinity Church Hall on the balance sheet. The Rectory, Curatages at Bannview Heights, Banbridge and Larchwood Avenue, Banbri¢Jge together with St Patrick's Church Hall, Seapatrlck and glebe land are recognised at market valuatlon being the estimated fair value of the property at 31st December 2022.
15 Seapatrlck Parish Notes to the financlal statements for the year ended 31 December 2022 Accounting pollcles n Tangible assets (continued) No depreciation has been provided on the properties as the current estimated residual value is not less than its carrying value and the remaining useful life currently exceeds 50 years. Furnlture, fittings & equipment are stated at cost less accumulated depreciation and accumulated Impairment 1055e5. Depreclation is calculated, using the stralght-line method, to allocate the depreciable amount of furnlture, flttings & equipment to their resldual values over the experted useful economic lives of the assets concerned li.e. over a three-year period). gl Tax As a charity, the Parish benefits f rom various exemptions afforded by tax legislation. It Is therefore not liable to corporation tax on income or gains falling due wlthin those exemptions. Recovery Is made of tax deducted from recelpts under gift aid. Critical judgments and estimation uncertainty Crlticaljudgments appfying the chority's OC(ounting polities A5 mentloned in note 3lfl above, llo value has been ascribed to Holy Trlnlty Church Hall on the balance sheet as there are no reliable records for the cost of tts construction and any valuation of the hall would lack sufflcSent reliability. Key a¢¢ountlng estimates ond assumptions There are no key accounting estimates or assumptions in applying the charitls accounting policies.
16 Seapatrlck Parish Notes to the flnanclal statements for the year ended 31 December 2022 2022 Unrestrlcted Restrfrted Totsl 2021 Unrestricted Restrirted Total Donations & legacies Envelopes & standing orders Plate collections Special envelopes Mission Envelopes GiftAid Building Fund Donations from parishioners Bequests & donations Grants received 188,084 5,192 4,665 IS8,084 5,192 4.665 4,569 4,569 38,006 6,920 253 32,799 2,000 183,533 2,303 4.385 183,533 2,303 4,385 3,010 37,803 5.275 605 39,349 3,010 38.006 6,920 253 32,799 2,000 37,803 5,275 605 39,349 277,919 4.569 282,488 273,253 3,010 276,263 2022 Unrestricted Re51ricted Total 2021 Unrestrirted Restr5rted Totsl Other charitable activities Hire of halls & property Organisations Fees for weddings & funerals Publications Charity collettion5 10.219 2,733 410 10,219 2,733 410 14,973 2.131 230 156 14.973 2,131 230 156 923 923 923 18,413 6.191 6.191 6,191 19.553 13,362 17,490 2022 UnrestrirtedRestrirted Totsl 2021 Unrestrlrted Restricted Total Inve5trnents Dividends Bank Interest 1,436 97 1.533 1,436 97 1.533 1,864 104 1,968 1,864 136 2,000 32 32 2022 UnrèstrlctÈdRestrlcted Total 2021 Unrestrlcted Restricted Totsl Other Covid 19 Charities grant HMRC JRS grants Insurance claim re repairs Diocesan contribution for Archdeacon Collection for tormer curate Sundry 35,766 35.766 34,000 9,230 34,000 9,230 14,217 4.620 14,217 4.620 2,670 3,020 3.020 2.670 55,834 2,670 58,504 50,647 50,647
17 Seapatrick Parlsh Notes to the flnancial statements for the year ended 31 December 2022 Breokdown ol expenditure on charitable actlvltles 2022 Unrestrlrted Restrirted Total 2021 Unrestrlcted Restricted Totsl Salaries and stipends Diocesan assessment Rertoryand curatage expenses Heat and light Repairs Administratlon costs Accountancy expenses Legal expenses Ministry expenses Sundry expenses Payment to former curate Charitable donations Parish organlsation expenses Prolert delivery expenses 196,600 20,030 11,385 18,543 72,839 22,397 1,5CM) 196,600 20,030 11,385 18,543 72,839 22,397 1.500 186,233 21,974 20.057 8,909 17,491 21,439 1,500 45 11,224 845 186.233 21.974 20.057 8.909 17.491 21.439 1,500 45 11,224 5,062 690 5,062 690 2.670 2,670 10,760 30,544 1.633 15,440 15,440 28,870 399,333 19,784 1,633 21,567 2,204 3,933 25,500 2,204 3,488 3,488 7,421 320,909 370,463 313,488 io Staff cost5 2022 2021 Salaries and stlpends Employer5 national Insurance Pension costs 164,534 9,847 22,219 196,600 155,1)40 9,522 21,671 186,233
18 Seapatrick Parish Notes to the financial statements for the year ended 31 Dernber 2022 li Staff costs (continued) The average number of persons employed during the year was 2022 2021 Clerical and mlnlsterlal team Maintenance Administration Organist No employee12021.' none) received remuneration totalling more than £60,000 during the year. The charity contributes to a defined contribution pension scheme on behalf of certain employees. The a$5ets of the Scheme are held separately from those of the charity in an independently admlnlstered fund. The contributlons made by the Parlsh during the year totslled £22.219 {2021: £21.6711 The followingTrustees received remuneration from the charity lun(ier the provisions of the charty's constitution) during the year er¢ded 31 December 2022, as follows., Salary Pension 48,840 14,198 30,214 9,952 3,032 7.464 Archdeacon R West- Rertor Rev A Irwln - Curate Rev A Williams- Curate No trustee expenses were incurred during the year ended 31 December 2022. Taxation Seapatrick Parish is recognised as a charity for the purposes of applicable taxation legislation and is therefore not subject to taxation on its charitable activities.
19 Seapatrlck Parish Notes to the financial statements for the year ended 31 December 2022 13 Tanglble fixed assets Land & b4Jildinzs Totsl Cost or valuation At ljanuary 2022 Additions At 31 December 2022 940,000 940.(K)O 940,000 940,IXIO Depreciation At l January 2022 & at 31 December 2022 Net book value At 31 December 2022 At 31 December 2021 940,000 940,000 940.000 940,000 The Trustees have used valuations provlded by a lotal estate agent to value the propertles held by the Parish. All property, with the exceptlon of a ¢uratage In Larchwood Avenue, Banbridge, are vested in the Representatlve Church Body. The Trustees of the Parlsh are responsible for the maintenance and upkeep of these properties. The figures noted above do not Include a valuation of Holy Trinity Church, Banbridge and St Patrick's Church, Seapatrick as these properties and all artefacts contained thereln are deerned to be heritage assets, the costlvaluation is not available and such information cannot be obtained at a cost commensurate with the beneflt to the users of the accounts 14 Debtors 2022 2021 HMRC GiftAld Other debtor Insurance prepayment 12,799 1,405 4,500 18,704 14,250 3,670 17,920 15 Creditors: amount due within one year 2022 2021 Accruals and deferred income 9,720 6,500 16 Analy515 of net assets between funds Unrestrlrted funds Restricted funds Total Fixed assets Net Current assets iio,000 237,114 347 114 830,000 21,832 851832 940,000 258,946 1198 946
20 Seapatrlck Parlsh Notes to the flnancial statements for the year ended 31 December 2022 17 Funds movement l January 2022 31 December 2022 Income Expenditure Transfer$ General fund Larchwood property fund Building & refurbishment fund Total unrestrlcted funds 168,398 iio,000 90.294 368,692 341,728 1370,4631 17,7691 131,894 iio,000 105,220 347,114 6,920 348,648 8,006 237 1370,4631 General fund Property fund Col Orphan'5 Society fund CAP fund Baby Basics f und Who LetThe Dad5 Outfund Total restricted fund5 3.933 13,9331 830,rKJo 29,616 5,416 1.350 1.127 867,509 830.oc) 15,382 4.348 975 1,127 85132 113,9971 11,068) 13751 12371 3,933 119,3731 1237) Totsl funds l.Z36201 352,581 13890361 1,198,946
21 Seapatrlck Parish Notes to the financial statements for the year ended 31 December 2022 Related Party Transactlons Totsl donations recelved from Trustees and thelr related partles for the year amounted to £24,44712021: £22,279). Below are disclosed the annual payments made to related partles during the year ended 31 Detember 2022: Nome oARelated Porty Relatsonship to Seapotrick Parish Archdeacon R West Rev A Irwin Rev A Williams Trustee- remuneratlon including penslon Trustee- remuneration including pension Trustee- remuneration including pension 58,792 17,230 37,678 Archdeacon West, Rev. Irwin & Rev Williams received remuneration as Rector and Curates. not in their capacity as Trustees. The Parish contrlbuted £20,03012021: £21,974) towards Dlocesan Assessments during the year. 19 Volunteers The work and support of members of the congregations in the Parish as volunteers Is vltal to the operation of the Parlsh. Volurbteers undertake many roles including encoura8lng prayer, acting wlthln their local churche5 and communities, enthusing others and fundraising.