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 2023
Registered with The Charity Commission for Northern Ireland NIC101230

Seapatrick Parish
Trustees, Annual Report
for the year ended 31 December 20Z3
The Trustees present the annual report and financial statements for Seapatrick Parish forthe year ended 31
December 2023.
Refrrence ond Administrative Information
Charity Name:
Banbridge/Seapatrick/Holy Trinity and St. Patrick's/Down and Dromore
/Church of Ireland {othe￿Ise referred to as'seapatrick Parish")
Charity Registration Number: NIC101230
Contact Address:
Church Square
BANBRIDGE
BT32 4AA
Chority Trustees
Venerable Roderic West- until September 2023
Alison Adams (Mrs)
David Adams
Oonagh Alway {Ms)
Robert Barr
Doreen Cherry (Mrs)
Bill Gault-from April 2023
Freda Gilchrist {Mrs}- from April 2023
Chris Gilmore- until April 2023
Roly Harwood
John Heasley
Paul Humphries
Claire Jones (Ms)
Michael Mccarter
Cathy Morton (Miss}
Peter Morton
Diane Ruddock {Mrs)
Nigel Smyth
Basil Stewart
Darrell Stewart
Ruth Taylor {Ms)
Anna Williams {Rerfd}
Prlndpal Office-beorers
Rector: Venerable Roderic West
Secretary: Mrs Alison Adams
Treasurer: Basil Stewart
Bankers
Ulster Bank, Bridge Street, Banbridge, BT32 3JT

Seapatrick Parlsh
Trustees, Annual Report
for the year ended 31 December 2023
Strurture, Governance and Manoqement
Goveming Document
The Parish 15 administered in accordance with The Constitution of The Church of Ireland published by
The General Synod of The Church of Ireland.
Recrultment and Appolntment of 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 earlier than twenty-seven
days before, and not later than twenty days after, Easter Day. The general vestry meeting may not be held
within 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 Rectorfs 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 including deciding how parish funds are to be applied.
Trustees do not receive remuneration, reward or other private benefit for carrying out their Trustee
responsibility.
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 promoting, 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.

Seapatrlck Parish
Trustees. Annual Report
for the year ended 31 December 2023
Objectives & Actlvltles (continued)
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 charity's 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.
Achlevements & 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 ages.
These include, Sunday Space/School, Creche, Inspire- 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 Se￿ICe 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 otherfs
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 encoura8ed
to live out their faith in daily 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 2023
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, £1,250 to New Wine Ireland, £5,200 to CMSI - Church Missionary
Society Ireland, £1,000 to SAMS-South American Mission Society, £1,250 to Fields of Life, £1,000 to Nl
Children's Hospice and £1,000 to B Positive.
Financial Review
The Parish's principal source of income is from envelopes and standin8 orders. Durin8 2023 we received two
legacie5 totalling £45,000.
The Curatage at Bannview Heights was sold in June 2023. The net sale proceeds of £186,000 are invested
with RCB.
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 a￿ no areas of financial concern noted by Select Vestry.
Resernes Pollcy
The Select Vestrfs policy is to retain a level of free reserves or general reserves which matches its needs at
the current time and in the foreseeable future. Free reserves are those unrestricted reserves not invested in
fixed assets, which are available for general use.

Seapatrick Parish
Trustees. Annual Report
for the year ended 31 De￿rnber 2023
Reserves Policy (continued)
The main reason for holding reserves is to ensure that the charity has enough resources to fund its
programme5 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 2023 the Parish held unrestricted funds of £293,546 representing more than 9 months
expenditure which is in line with what is regarded as an appropriate level.
The Parish also held £877,991 of restricted funds which have been provided for the purposes specified
in Note 16.
Funds held as ￿$tod10n trustee on behalAof others
There are no funds held as custodian trustee on behalf of others.
Plonsforfvture periods
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 Ba5iC5' project and 'Who Let the Dads Out?1 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 2023
Payments to Charlty
Mission and Charity Payments
CMSI Kiwoko
CMSI - Maridi
Bishops Appeal-Turkey & Syria Appeal
Bishops Appeal- Libya Appeal
Bishops Appeal
Middle East Relief Fund
Bishop's Ministry Fund
D & D Rejuvenation 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 Queen5
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
1,200
4,CM)O
2,155
524
500
485
81
1,250
1,250
1,250
400
250
1,000
300
277
1,250
300
loo
1,000
100
1,250
200
300
850
300
1,000
500
2,500
I,OCM)
150
500
500
250
250
200
200
500
Habitat for Humanity
pips
Aware Nl
Childrens Cancer
28,122

Seapatrick Parish
Trustees. Annual Report
for the year ended 31 December 2023
Stotement OA Trustees, Responsibilities
The Charities Act (Northern Ireland) 2008 requires charity trustees to ensure that accounting records are kept
which are sufficient to show and explain all the charitvs transactions, which disc105e 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 for the 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 prattice 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 REPORTTO THE TRUSTEES OF SEAPATRICK PARISH
I report on the accounts of the charity for the year ended 31st December 2023 which are set out on pages
10 to 21.
Respertive responsibilitles of Trustees and Examiner
As the charitvs trustees you are responsible for the preparation of the accounts in accordance with
the Charitie5 Act (Northern Ireland) 2008.
It is my responsibility to:
examine the accounts under section 65 of the Charitie5 Att;
follow the procedures laid down in the general Directions given by the Charity Commission for Northern
Ireland under section 65(9)(b) of the Charities Act; and
state whether particular matters have come to my attention.
Basls of Independent Examlner's report
I have examined your charity accounts as required under section 65 of the Charities Act and my
examination was carried out in accordance with the general Directions given by the Charity Commission
for Northern Ireland under section 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 trustee5 concerning any such matters.
My role is to state whether any material matter5 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 cornply with the accounting requirements of the Charities Art
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 gros5 income exceeded £250,000 your examiner must be a member of a listed body.
I can confirm that l am qualified to undertake the examination because l am a registered member of
ACCA which 15 one of the listed bodies.
I have completed my examination and have no concerns in respect of the matters (l) to {4) listed above
and, in connection with following the Directions of the Charity Cornmission for Northern Ireland, I have
found no matters that require drawing to your attention.
B. Magennis FCCA FCA
For and behalf of S.M. Vlnt & Co
Chartered Certlfied Accountants & Reglstered Auditors
8 Newry Road
Banbridge
BT32 3HN
241h October 2024

io
Seapatrlck Parish
ststement of Financlal Actlvlties (including the Income & Expenditure account>
For the year ended 31 December 2023
Note
2023
Unrestrlcted Restricted
fund5
funds
2022
Unrestrirted Restrlcted
fund5
funds
Totsl
Total
Income and endowments from
Donations and legacies
Income from charltable activities
Other income
Investments
295.729
23,684
34A62
2229
4,309
4,372
40.997
3,572
300038
28JJ56
75A59
5801
277,919
13,362
55,834
1,533
4,569
6,191
2,670
282,488
19,553
58,504
1,533
Totsl
356,104
53250
409354
348,648
13,430
362,078
Expendlture on
Choritable actfvlties
407251
29.512
436,763
370,463
28,870
399,333
Totsl
407251
29,512
436,763
370,463
28,870
399.333
Net IncomIn81{¢￿tE0In8) resource5
before transfers
151.1471
23,738
127A09)
121,8151 115,4401
137,2551
Trander between funds
{2N211
2AZI
237
12371
Net movement In fund$
153,5681
26,159
{27,409}
121,5781 115,6771
137,2551
Reconclllatlon of funds
Total funds brought forward
347,114
851￿32 1.198.946
368,692
867,509
1,236.201
Totsl funds carried forward
16
293,546
877J91 1.171.537
347,114
851,832
1.198,946
The statement of flnancial actNities Includes all gains and losses recognlsed in the year.
All income and expendlture derive from continuln8 actlvities.
The note5 on pages 12 to 21 form part of these financial statements.

li
Seapatrick Parish
Balance sheet
at 31 De￿rnber 2023
Note
2023
2022
fixed assets
12
790,000
940,000
Current assets
Debtors
Cash at bank and in hand
13
206,096
176,941
18,704
249.962
383.037
268,666
Creditors". amounts falling due wlthin one year
14
1,500
9,720
Net current assets
381,537
258,946
Total assets le55 current Ilabllltles
1.171.537
1,198,946
Total net assets
1,171,537
1.198,946
Unrestrfcted funds
Restricted funds
16
16
293.546
877,991
347,114
851,832
1,171,537
1,198.946
These financial statements were approved and authorlsed for Issue by the Trustees on ........ ..
and signed on its behalf by:_
Mrs AAdams- Secretary
T J B 5tewart-Trustee
The notes on pa8es 12 to 21 form an integral part of these financial statements.

12
Seapatrlck Parlsh
Notes to the flnanclal statements
for the year ended 31 December 2023
Gèneral inforrnation
Banbridge/Seapatrick/Holy Trinlty and St. PatricKs/Down and Dromore/Church of Ireland {otherwise referred to as
"Seapatrick Parish") Is a registered charity in Northern Ireland Inurnber NIC1012301. It is governed by its constltution as a
Parish of the Church of Ireland and its principal place of operations is Church Square. Banbridge, BT32 4AA.
Statement of wmpllance
The flnanclal statements have been prepared in accordance with The Charities IAccounts and Reports) Regulations
INorthern Irelandl 2015 and Accounting and Reporting by Charities: Statement of Recommended Prattice applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 1021- ICharitie5 SORP IFRS 10211, the Flnanclal Reporting Stsndard applicable in the UK and Republic of
Ireland IFRS 102).
Accountin8 policres
The principal a¢¢ounting policies adopted. Judgements and key sources of estimation uncertainty in the preparatlon of the
financial statements are as follows:
a) Basls ol preparatlon
The financial statements have been prepared on a golng concern basis under the historical cost convention and in
accordance with Accounting and Reporting by Charlties= Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland
IFRS 1021- (Charities SORP {FRS 10211. the Financial Reportin£ Standard applicable in the UK and Republic of Ireland IFRS
1021.
The preparation of financial statements requiie5 the use of certain critical accounting estlmates. It also requires Trustees to
exercise their judgment in the process of applying the charity's accounting policies. The areas involving a higher degree of
judgment or complexity, or areas where assumptions or estimates are signiFicant to the financial statements are disclosed
in note 4.
The financial ststements include all transactlons, assets and liabilities for which the Parish 15 responsible in law. They do
not include the accounts of church groups that owe their affiliation to another body, nor those that are Infomial gatherings
ofchurch members.
The presentatlon currency is £ Sterling.
The Parish meets the definition of a public benefit entity under FRS 102.

13
Seapatrick Parish
Notes to the financial statements
for the year ended 31 December 2023
countlng polkles
bl Fund accounting
Funds are classified as either restricted funds or unrestrirted funds, defined as follows.
Restricted funds are fund5 subjert to specrfic requirements as to thelr use whlch may be declared by the donor or with
thelr authorlty or created throu8h le8al processes, but still within the wider objects of the Parish.
Unrestricted funds are expendable at the discretion of the trustees in furtherance of the objects of the charity. If parts of
the unrestricted funds are earmaiked at the discretion of the trustees for a particular purpose, they are designated as a
separate fund. This designation ha5 an administratNe purpose only and does not legally restrict the trustees, discretion to
apply the fund.
c) Golng concern
The Trustees have reviewed the charlty's tinancial position and conclude that they have a reasonable expertation that the
charity has adequate resources to continue in operational ex15tence for the foreseeable future. Thus they continue to
adopt the going concern basis of accounting in preparing the annual financlal ststements.
dl Income
where Incomlng resources have related expendlture {as with fundraising income) the incoming resourtes and related
expenditure are reported gross in the Statement of Financial Activlties.
Voluntsry Income, Standlng Orders, Plate Collections and Weekly Envelopes are accounted for on a cash receipts basis as
the amount is receivable.
Income arising from the rental of Parish Halls to third parties Is recognised when the parish has entitlement to the tunds.
any performance conditions attached to the income have been met. it is probable that the income will be recelved and the
amount can be rneasuied reliably.
Income from government and other grants. whether 'capital' grants or'revenue, grants, is recognised when the charlty has
entitlement to the funds. any perfomiance conditions attached to the grants have been met. it is probable that the income
will be received and the amount can be measured reliably and is not deferred.
Legacies are included within Income under either unrestricted or restrlcted funds accordln8 to the terms under which the
donation Is made and when the amount can be quantified with reasonable certainty.
Donatlons and 8lfts in klnd are brou8ht Into the accounts at their fair value to the Parish where this Can be quantrfled. The
value of services provided by volunteers has not been Included In these accounts.
Investment Income Is Included when receivable.

14
Seapatrick Parish
Notes to the financial statements
for the year ended 31 December 2023
Accounting pollcles
el Expenditure
Expenditure Is recognlsed on an accruals basis once there 15 a legal or construrtive obligation to make a payment to a third
party, It Is probable that settlement wlll be requlred and the amount of the obligation can be measured reliablv.
Irrecoverable VAT is charged as a cost agaSnst the attivity for which the expenditure was incurred.
The charity contributes to a defined contrlbutlon penslon scheme on behalf of certaln employees. The assets of the
stheme are held separately from those of the charity in an independently administered fvnd and contributions are ¢harged
to the Statement of Financial Activities in the period to which they relate.
fl Tangible assets
The assets of the Parish comprise:.
Church Buildings and Grounds
Parish Halls
Rertory
Curatages
Glebe land
Furntture, fittings & equipment lexcludlng artefactsl
Holy Trinity Church, Banbridge and 5t Patricvs Church, Seapatrick lincludlng all assoclated artefactsl are deemed to be
Heritage assets as defined by the Charitles SORP IFRS1021. These Heritage assets are not included on the balance sheet a5
information on the cost or valuation is not available and such information cannot be obtalned at a cost commensurate with
the benefit to the users of the accounts and to the Parlsh.
Holy Trinity Church Hall is not physically attached to Holy Trinity Church, Banbridge IHeritsge asset), but it is sltuated in the
¢hurch grounds and Is on the same title deed as the church. This hall was orlgSnally constructed in 1968 and Is now in need
of malor refurblshment. There are no rellable records for the cost of its construction and any valuation of the hall would
lack suffScient reliability as its legal title cannot be separated from that of the church itself. Accordinglyi no value has been
ascribed to Holy Trinity Church Hall on the balance sheet.
The Rectory, Curata8es at Bannview Heights, Banbridge and Larchwood Avenue, Banbridge together with St Patrick's
Church Hall, Seapatrick and glebe land are recognised at market valuation being the estimated fair value of the property at
31st December 2020.

15
Seapatrlck Parlsh
Notes to the financlal statements
for the year ended 31 December 2023
A¢¢ountlng pollcks
fl Tanglble assets Icontlnued}
The assets of the Parish comprlse:_
Church Buildings and Grounds
Parish H311s
Rertory
Curatages
Grebe land
Furniture. fittings & equipment (excludin8 artefa¢ts}
Holy Trinity Church, Banbridge and 5t Patrick's Church, Seapatrick (including all assoclated artefactsl are deemed to be
Heritsge assets as defined by the Charities SORP IFR51021. These Heritage assets are not included on the balance sheet 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.
Holy Trinity Church Hall is not physically attached to Holy Trlnlty Church, Banbridge (Heritage assetl, but it is Sltuated in the
hurch grounds and is on the same title deed as the church. This hall was orlglnally construrted In 1968 and is now In need
of major refvrbishment. There are no rellable records for the cost of its construction and any valuation of the hall would
la¢k sufficient reliabllity as its legal title cannot be separated from that of the church itself. Accordlngly no value has been
ascrlbed to Holy Trlnlty Church Hall on the balance sheet.
The Rectory. Curatages at Bannvlew Heights, Banbridge and Larchwood Avenue, Banbridge together with St Patrick's
Church Hall, Seapatrick and glebe land are recognised at market valuation being the estimated fair value of the property at
31st December 2018.
No depreclatlon has been provlded 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.
Furniture, frttings & equipment are ststed at cost less accumulated depreciation and accumulated impairment losses.
Depreciation is calculated, using the straight-line method, to allocate the depreciable amount of fvrniture, frttings &
equipment to their residual values over the expected useful economic lives of the as5et5 concerned li.e. Over a three-year
period).
g) Tax
As a charity. the Parlsh benefit5 from various exemptions afforded bytax legislation. It is therefore not liable to
corwration tax on income or gains falling due within those exemptions. Recovery is made of tsx deducted from receipts
under gift aid.
Critical judgments and estirnatioTr uncertalnty
Critlcaljudqments In applNlnq the choritrfs occounting policies
Ag mentSoned In note 3lfl above. no value has been ascribed to Holy Trinity Church Hall on the balance sheet as there
are no reliable records forthe cost of its construction and any valuation of the hall would lack 5ufflcient rellabllty.
Keyoccountlng estlnwtes ond ossumptions
There are no key accounting estimates or assumption5 in applying the charitrfs accounting policies.

16
Seapatrick Parlsh
Notes to the financlal statements
for the year ended 31 December 2023
Donatlons & legacles
2023
Unresirfrted Restricted
2022
Unrestricted Restrirted
Total
Total
Envelopes & standing orders
Plate collections
Special envelopes
Mlssion Envelopes
Gift day
GiftAid
Building Fund
' Donations from parishioners
Bequests & donations
Grants received
174,115
7,259
4,618
174,115
7.259
4.618
4,309
11,995
43.311
7,268
188,084
5,192
4.665
188.084
5.192
4.665
4.569
4.309
4.569
11.995
43,311
7,268
38,006
6,920
253
32,799
2,000
38.006
6.920
253
32,799
2,000
47.163
47,163
295.729
300,038
277,919
4,569
282,488
Other charftable artlvltles
2023
Unre5trirted Restrlrted
2022
Unre$trlcted Restricled
Total
Totsl
Hire of halls & property
Summerfayre
Organisatlons
Fees for weddings & funerals
Charity collectSons
6.343
9,636
7,510
195
6,343
9,636
7,510
195
4,372
10,219
10,219
2,733
410
2.733
410
6,191
4,372
6,191
23.684
4,372
28,056
13,362
6,191
19.553
Other incorne
2023
Unrestrided Restrlcted
2022
Unre5trlcted Reslricted
Total
Total
Covid 19 Charities grant
Gain on sale of property
Insurance claim re repalrs
Dlocesan contribution for Archdeacon
Collection for former rertorlcurate
Sundry
35,766
35.766
33,537
33.537
26.566
2.543
7,460
5,353
26,566
2,543
14,217
4,620
14.217
4.620
2,670
1,231
7,460
2,670
5.353
1,231
34,462
40,997
75,459
55,834
2,670
58.504
Investments
2023
UnrestrfctedRe$tricted Total
2022
UnreslrlctedRe5tficied Total
Dividends
other interest IRCB)
Bank interest
2,137
2,137
3.572
92
1,436
1,436
3,572
92
97
97
2,229
3,572
5,801
1,533
1,533

17
Seapatrick Parish
Notes to the flnanclal statements
for the year ended 31 December 2023
Breakdown of expenditure on charitsble aclivliies
2023
Unrestrfcted Restrlrted
2022
Totsl Unrestrlcted Restrkted
Total
Salaries and stipends
Diocesan assessment
Rectory and curatage expense5
Heat and light
Repairs
Administratlon costs
Accountancy expenses
Legal expenses
Mlnlstry expenses
Sundry expenses
Payments to former rectorlcurate
Charitable donations
Parish organi5ation expenses
Project delivery expenses
179,135
21,682
9,761
18,820
114,995
25,858
1,500
179,135
21,682
9.761
18,820
114,995
25,858
1,500
196,600
20,030
11,385
18,543
72,839
22,397
1.500
196,600
20.030
11,385
18.543
72.839
22,397
1,500
8,133
825
8,133
825
7,460
28,122
7,101
13,371
5,062
690
5,062
690
2.670
7,460
8,681
2,670
10,760
19,441
7.101
19,784
1,633
1,633
15,440
13,371
15,440
407,251
29,512
436,763
370,463
28,870
399.333
io.
Staff ¢osts
2023
2022
Salarles and stlpends
Employers natlonal insurance
Penslon costs
153,372
7,710
18,053
164,534
9,847
22.219
179,135
196,600

18
Seapatrlck Parish
Notes to the flnanclal statements
for the year ended 31 December 2023
io.
Staff costs {conilnued)
The average number of persons employed during the year was
2023
2022
Clerical and ministerial team
Maintenance
Adminlstration
Organist
No employee12022.- none) received remuneration totslling more than £60,ODO during the year.
The charity contributes to a defined contribution penslon scheme on behalf of certaln employees.
The 055ets of the scheme are held separately from those of the charity in an independently administered tund.
The contributions made by the Parish during the year totalled £18,05312022.. £22,2191.
The following Trustees received remuneration from the charity {under the provislons of the charlty's
constitution) ¢Juring the year ended 310ecember 2023, as follows:
Salary
Penslon
Archdeacon R West- Rettor (retired 30-9-20231
Rev A Willlams - Curate
39,096
33,185
8,729
8.407
No trustee expenses were incurred during the year ended 31 December 2022.
ii.
Taxatlon
Seapatrick Parish is recognised as a charity for the purposes of applicable taxation legislatlon and Is
therefore not subject to taxation on its charitable activities.

19
Seapatrick Parish
Notes to the financlal statements
for the year ended 31 December 2023
Tanglble flxed assets
Land &
bulldlngs
Total
Cost or valuation
At l January 2023
Disposals
940,000
1150,0001
940,000
{150,OOOj
At 31 December 2023
790.000
790,000
Depreclatlon
At ljanuary 2023
& at310ecember 2023
Net book value
At 31 December 2023
790,000
790,000
At 31 December 2022
940,000
940.000
The Trustees have used valuatlons provlded by a local estste agent to value the properties held by the Parish.
All property, with the exception of a curatage in Larchwood Avenue, Banbridge, are vested In the Representative
Church Body. The Trustees of the Parish are responsible for the maintenance and upkeep of these properties.
The figures noted above do not Include a valuatlon of Holy Trinlty Church, Banbridge and St Patrick'5 Church,
Seapatritk as these properties and all artefacts contained therein are deemed to be herlta8e assets, the
costlvaluatlon Is not available and such information cannot be obtained at a cost commensurate with the
benefit to the users of the accounts
Debtors
2023
2022
Monies held by RCB
HMRC GiftAid
Other debtors
Insurance prepayment
187.110
13,711
12,799
1.405
4.500
5,275
206.096
18,704
14.
Creditors: amount due wlthln one year
2023
2022
Accruals and deferred income
1,500
9.720
15.
Analysis of net assets between funds
Unrestricted
funds
Restricted
funds
Total
Flxed assets
Net current assets
iio,000
183,546
680,000
197,991
790.000
381.537
293,546
877,991
1,171,537

20
Seapatrick Parlsh
Notes to the flnanclal statements
for the year ended 31 December 2023
16. Funds movement
l January
2023
31 December
2023
In¢ome
Expenditure
Transfers
General fund
Larchwood property fund
Building & refurbishment fund
131,894
iio,000
105.220
348,836
1407,2511
70,389
143,868
iio,o
39,678
7,268
172,810)
Total unrestrftted funds
347.114
356,104
{407,2511
12N21
293y6
Generalfvnd
Property fund
Col Orphan's Society lund
CAP fund
Baby Basics fund
Who Let The Dads Outfund
16,141
37,109
116,1411
830.000
15.382
4,348
975
1,127
867,109
4,432
4.348
975
1.127
113,3711
2,421
Total restrlcted funds
851,832
53.250
129,5121
2A21
877,991
Total funds
1.198.946
409354
{436,7631
1,171,537

21
Seapatrlck Parlsh
Notes to the finandal statements
for the year ended 31 December 2023
17. Related Party Transartlons
Totsl donatlons recelved from Trustees and their related parties for the year amounted to £29,31612022: £24,447).
Below are disclosed the annual payments made to related parties during the year ended 31 December 2023:
hlame oARelated Porty
Ilelationship to Seapatrick Pori5h
Archdeacon R West
Rev A Williams
Trustee- remuneration including pension
Trustee- remuneration Including pension
47,825
41.592
Archdeacon West & Rev Wllllams received remuneration as Rertor and Curates, not In theSr capacSty as
Trustees.
The Parish contrlbuted £21.68212022: £20,030) towards Diocesan Assessments during the year.
18. Volunteers
The work and support of members of the congregatlons in the Parish as volunteers IS vital to the operatior¢ of the
Parish. Volunteers undertake many roles including encouraglng prayer. artlng within their local churches and
communities, enthusing others and fundralslng.