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 2024
Registered with The Charity Commission for Northern Ireland NIC101230

Seapatrick Parish
Trustees, Annual Report
for the year ended 31 December 2024
The Trustees present the annual report and financial statements for Seapatrick Parish for the year ended 31
December 2024.
Refrrente and Administmtive Infomiation
Charity Name:
Banbridge/Seapatrick/Holy 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
Chority Trustees
Rev Willie Nixon- from August 2024
Alison Adams (Mrs)
David Adams
Oona8h Alway {Ms)
Robert Barr- until April 2024
Beverley Burns- from April 2024
Doreen Cherry (Mrs)
Bill Gault
Freda Gilchrist (Mrs)
Roly Harwood
John Heaslev
Paul Humphries
Claire Jones (Ms)
Michael Mccarter
Cathy Morton (Miss)
Peter Morton
Diane Ruddock (Mrs)
Nigel Smyth
Basil Stewart
Darrell Stewart
Ruth Taylor (Ms)- until April 2024
Anna Williams {Rev'd}- until November 2024
Pnncipal Officfrbearers
Rector: Rev Willie Nixon
Secretary: Mrs Alison Adam5
Treasurer: Basil Stewart
Bankers
Ulster Bank, Bridge Street, Banbridge, BT32 3JT

Seapatrick Parlsh
Trustees, Annual Report
for the year ended 31 December 2024
Strurture, Governonce and Manogement
Governing 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 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, 15 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
withiri the period from the Sunday next before Easter (Palm Sunday) to Easter Day (inclusive).
At that meeting the Rector appoints a Rector's 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 HolyTrinity, 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 & Artivities
The charitable purpose of the Church of Ireland is the advancement of religion. The principal function of
Seapatrick Parish is 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 religiou5 heritage and
maintenance of which is undertaken by the select vestry of Seapatrick Parish.

Seapatrick Parish
Trustees, Annual Report
for the year ended 31 December 2024
Objertives & Artivities (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 charitvs purpose and to provide a benefit to
the beneficiarie5.
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 ages.
These include, Sunday Space/School, Creche, In5pire- Youth Fellowship, Kids Club, Drop-ln for those of
secondary school age, Parents & Toddlers, Tots Get-Together, Life Groups. Choir, Scouts and Guides, Men's
Football, Bowling Club, Knitting and Crochet Group, Mothers, Union, Ladies, Guild, We a150 run Alpha Courses
and other prayer and outreach initiatives. We have an annual Fete in June, and a Candle-light Carol Service in
December.
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 encouraged
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 2024
Achievements & Performance (continued)
We've also developed links and partnerships locally, nationally and internationally. This has included giving
£2,500 to the Southern Area Hospice, £l,OCK) to New Wine Ireland, £5,000 to CMSI- Church Missionary
Society Ireland, £1,000 to SAMS-South American Mission Society, £1,000 to Fields of Life, £l,ODO to Nl
Children's Hospice and £500 to B Positive.
Flnancial Review
The Parish's principal source of income is from envelopes and standing orders. In 2024 our largest outlay
was salaries at £151,46512023 £179,135). The decrease of £27,670 was due to the retirement of the Ven
Roderic West in September 2023. His successor, Rev Willie Nixon, was installed in August 2024.
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 areas of financial concern noted by Select Vestry.
ReseThes Policy
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 December 2024
Reserves Policy {continuedJ
The main reason for holding reseNes 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 2024 the Parish held unrestricted funds of £279,928 representing more than 9 months
expenditure which is in line with what is regarded as an appropriate level.
The Parish also held £873,866 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.
Plansfvrfvture periods
The Select Vestry intend to..
carry out necessary repairs and refurbishments to church property.
The Select Vestry also continue5 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 2024
Payments to Charity
Mission and Charity Payments
CMSI Kiwoko
CMSI - Maridi
CMSI- Maridi bicycles
Bishops Appeal
Bishops Appeal- Pakistan Appeal
D & D Rejuvenation Fund
Tearfund
Church Army
Crosslinks
Earl Haig Poppy Appeal
Fields of Life
Church of Ireland & Methodist Centre in Queens
South American Mission Society
New Wine Ireland
1st Banbridge Guides
St Johns Ambulance
Love for Life
Kilbroney Centre
Southern Area H05pice
Nl Childrens Hospice
VIP Club
B Positive
Banbridge High School
Made for More
Habitat for Humanity
pips
Aware Nl
3,700
1,500
778
51])
350
5,000
1,000
1,000
1,000
553
1,000
300
1,000
1,000
250
300
1,000
1,000
2,500
1,000
150
500
1,000
3,900
2,700
200
200
33,381

Seapatrick Parish
Trustees. Annual Report
for the year ended 31 De￿rnber 2024
Statement of 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 charivs transactions, which disclose with reasonable
accuracy the financial position of the charity and enable them to p￿pare 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 p￿ventIOn 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 2024 which are set out on pages
10 to 21.
Respectlve responsibilitles of Trustees and Examiner
As the chariws 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 65(9){b) of the Charities Act; and
• state whether particular matters have come to my attention.
Basis of Independent Examiner's report
I have examined your charity accounts as required under section 65 of the Charities Att and my
examination was carried out in accordance with the general Directions given by the Charity Commission
for Northern Ireland under section 65(9I(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 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 is one of the listed bodies.
I have completed my examination and have no concerns in respect of the matters111 to {4) listed above
and, in connection with following the Direttions 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
23rd October 2025

io
Seapatrick Parish
Statement of Financial Activities (including the Income & Expenditure account)
Forthe year ended 31 December 2024
Note
2024
Unrestricted Restrlcted
funds
funds
2023
Unrestrlrted Restrlrted
funds
fund5
Total
Total
Income and endowments from
Donations and legacles
Income from charitable activities
Other income
Investments
287.958
30328
2.714
3,997
8213
5287
6,757
291,955
38A41
8,(Xll
8.139
295,729
23.684
34.462
2.229
4,309
4,372
40.997
3.572
300.038
28,056
75.459
5.801
Total
322,282
24,254
346.536
356.104
53,250
409.354
Expendlture on
Charltable activities
346,782
17rt97
364,279
407,251
29,512
436.763
Total
346.782
17A97
364,279
407.251
29.512
436,763
Net incomingl(outgoing) resources
before transfers
{24.500)
6.757
{17,743
151,1471
23,738
127,4091
Transfer between funds
iOJ82
li0￿82>
12.4211
2.421
Net movement in funds
(13.618)
(4.125) 117.743)
153.568)
26,159
127,4091
Reconcillatlon of funds
Total funds brought fO￿ard
293,546
877.991 1,171,537
347,114
851.832 1.198.946
Total funds carrled forward
16
279,928
873A66 1,153.794
293,546
877,991 1,171,537
The ststement of financlal actlvltles Includes all gains and losses recognised in the year.
All income and expenditure derive from continuing attivities.
The notes on pages 12 to 21 form part of these financial statement5.

li
Seapatrlck Parish
Balance Sheet
at 31 December 1024
2023
r￿d assets
12
790,000
790.000
Currènt 355ets
Debtors
Cash at bank and in hand
13
218.293
153.1(K)
206,196
176.941
371393
383.037
c1￿￿0r$. arnounts falling due wlthln oneyear
7.599
1,500
Net Current 8ssets
363.794
381,537
Total assets less current liabilitie5
1153,794
1,171,537
Total net assets
1.153.794
1.171,537
Unrestrirted lunds
Restricted fvnds
16
16
Z79,928
873.866
293,546
877,991
1,153.794
1,171.537
These flnancial staternents were approved and authorfjsed for issue by theTrustees on.....
and
ed on its behalF by:_
Mrs Allson Adam5- Secretary
T J B Stewart-Trustee
The notes on pages 12 to 21 form an Integral part of these financial statements.

12
Seapatrick Parish
Notes to the financial statements
for the year ended 31 December 2024
General Inforniation
Banbridge/SeapatricklHoly Trinity and St. Patrick's/Down and Dromorelchurch of Ireland (otherwise referred to as
"5eapatrick Parish") is a registered charity in Northern Ireland (number NIC1012301. It Is governed by its constitution a5 a
Parish of the Church of Ireland and its principal place of operatlons is Church Square, Banbridge, BT32 4AA.
Statement of compliance
The financial ststements have been prepared in accordance with The Charltles IAccounts and Reports) Regulations
(Northern Ireland) 2015 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to
charlties preparlng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 1021- (Charities 50RP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of
Ireland {FRS 1021.
A¢¢ountlng pollcles
The principal accountlng pollcles adopted, judgements and key sources of estimation uncertainty in the preparatlon ot the
financlal ststements are as follows:
al Basis of preparation
The financial statement5 have been piepared on a going con￿rn basis under the historical cost convention and in
accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charrties
Pfeparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of lieland
IFRS 1021 {Charities SORP IFR5 10211, the Financial Reporting Standard appllcable in the UK and Republic of Ireland IFRS
102).
The preparatlon of financlal statements requires the use of certain critical accounting estimates. It also requires Trustees to
exercise their judgment In the process of applying the charitys 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 financlal statements include all tran5act5ons. assets and liabllities for which the Parish is responslble in law. They do
not include the accounts of church groups that owe their affiliation to another body, nor those that are Informal gatherln8S
of church members.
The preserrtation Cur￿nC¥ is £ Sterllng.
The Parish meets the def inition of a publlc benetit entity under FRS 102.

13
Seapatrick Parlsh
Notes to the flnanclal statements
for the year ended 31 December 2024
Accountlng pollcles
b) Fund accountlng
Funds are classrfied as either restrltted funds or unrestrlcted funds, deflned as follows.
Restricted funds are funds subject to speclflc requlrements as to their use which may be declared by the donor or with
thelr authority or Created through legal processes, but stlll wlthln the wider objects of the Parish.
Unrestricted funds are expendable at the discretion of the trustees In furtherance of the objerts of the chority. If parts of
the unrestricted fund5 are earmarked at the discretion ol the trustees for a particular purpose, they are desiEnated as
separate fund. This designation has an adrninistrative purpose only and does not legally restrict the trustees, discretion to
pply the fund.
c) Going concern
The Trustees have revlewed the charity's financial position and conclude that they have a reasonable expectation that the
charity has adequate resources to contlnue in operational existence for the foreseeable future. Thus they continue to
adopt the going concern basis of accounting in preparing the annual financlal statements.
dl Income
Where incoming re50urce5 have related expenditure las with fundralslng Income) the Incomlng resources and related
expendSture are reported gross In the Statement of Financial Activities.
Voluntary Income, Standing Orders, Plate Collectlons and Weekly Envelopes are accounted for on a tash recelpts basls as
the amount Is recelvable.
Income arlslng from the rental of Parish Halls to third parties is recognised when the parish has entitlement to the funds.
any performance conditSons attached to the income have been met. It is probable that the income will be received and the
amount can be measured reliably.
Income from goverllrnent and other grants, whether'capital. grants or 'revenue' grants, is recognlsed when the charty has
entitlernent to the funds, any performance conditions attached to the grants have been met, it is probable that the income
will be received and the amount can be measijred reliably and is not deferred.
Legacles are Included within Income under esther unrestritted or restrlcted funds according to the terms under which the
donation Is made and when the amount can be quantified with reasonable certsinty.
Donations and gifts In klnd are brought Into the accounts at their fair value to the Parish where this can be quantified. The
value of service5 provided by volunteers has not been included in these accounts.
Investment income Is Included when receSvable.

14
Seapatrick Parish
Notes to Ihe financial Statements
for the year ended 31 De￿mber 2024
Accounting poli¢ies
e) Expenditure
Expenditure Is recognised on an accruals basis once therels a legal or constru¢tlve obllgation to make a payment to a third
party, It Is probable that settlement wlll be requlred and the amount of the obll8ation can be measured rellably.
Irrecoverable VAT is charged as a cost against the actfvity for which the expenditure was incurred.
The charity contributes to a defined contributior) pension scheme on behalf of certain employees. The assets of the
scheme are held separately f rom those of the charity in an independently administered fund and contributions are charged
to the Ststement of Financial Activities in the period to which they relate.
fj Tangible assets
The assets of the Parish comprise:_
Church Buildings and Grounds
Parish Halls
Rectory
Curatage
Glebe land
Fumlture, fittings & equipment (excluding artefactsl
Holy Trinity Church, Banbridge and St Patrick's Church, Seapatrick (including all associated artefactsl are deemed to be
trleritage assets os defined by the Charities SORP IFRS102}- These Heritsge assets are not included on the balance sheet as
information on the cost or valuation 15 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 physica15y attached to Holy Trinity Church. Banbridge IHerltage asset). but it is situated in the
church grounds and is on the same title deed as the church. Thls hall was originally constructed in 1968 and is now in need
of major refurbishment. There are no reliable records for the c05t of its construction and any valuation of the hall would
lack sufficient reliability as its legal tltle cannot be separated from that of the church Étself. Atcordingly, no value has been
ascrlbed to Holy Trlnlty Church Hall on the balance sheet.
The Rectory, Curatage at Larchwood Avenue. Banbridge together wlth St Patrick's Church Hall, Seapatrick and glebe land
are recognlsed at market valuation belnB the estimated fair value of the property at 3151 December 2024.

15
Seapatrick Parish
Notes to the financial statements
for the year ended 31 December 2024
Accounting policies
fj Tangible a55ets Icontinuedl
No depreclation has been provlded on the properties as the current estimated residual value is not le55 than its carrying
value and the remaining useful life currently exceeds 50 years.
Furniture. frttings & equipment are stated at cost less accumulated depreclation and accumulated impalrment losses.
Depreclation is calculated, usin8 the str3ight-line method, to allocate the depreciable amount of furniture, fitting5 &
equipment to their residual values over the experted useful economic live5 Of the assets concerned li.e. over a three-year
period).
81 Tax
As a charlty, the Parish benefits from varlous exemptions afforded by tax legislation. It Is therefore not liable to
corporation tax on income or gains falllng dye within those exemptions. Recovery Is made of tax deducted f rom receipts
under gift aid.
Critical judgments and estlmation uncertainty
Criticoljudgment5 in appfylng the charitrf5 accounting policies
As mentioned in note 3lfl abDve, no value has been ascribed to HolyTrinity Church Hall on the balance sheet as there
are no reliable records for the cost of its constlLFCtion and any valuation of the hall would lack sufficient reliability.
Keyaccountlng estimotss ond ossumptlon5
There are no key a¢countin8 estlmates or assumptions in applySng the chariWs accountlng policie5,

16
Seapatrick Parlsh
Notes to the financlal statement5
for the year ended 31 December 2024
Donatlons & legacie5
2024
Unrestrlrted Restrirted
2023
Unrestricted Restrlcted
Totsl
Totsl
Envelopes & stsnding orders
Plate collections
Special envelopes
Mission Envelopes
Gift day
Gift Aid
Building Fund
Donatlons from parishioners
Bequests & donatlons
Grants recefved
205,475
9,074
13,771
205,475
9,074
13,771
3.997
174,115
7,259
4,618
174,115
7,259
4.618
4.309
11.995
43,311
7.268
3,997
4,309
11,995
43,311
7,268
45.677
8,872
546
4.543
45,677
8.872
546
4,543
47,163
47.163
287.958
3,997
291,955
295,729
4,309
300,038
Other thatitable artlvltles
2024
Unrestii¢ted Restrlrted
2023
Unrestrlrted Restrlrted
Total
Total
Hlre of halls & property
Summer fayre
Organlsations
Fees for wedding5 & funerals
Charity collertiot)S
7,857
9,546
12,745
80
7,857
9,546
12,745
80
8,213
6,343
9,636
7,510
195
6,343
9,636
7,510
195
4,372
8.213
4,372
30,228
8,213
38,441
23,684
4,372
28,056
Other income
2024
Unre5trirted Restrlrted
2023
Unrestrlcted Restrlcled
Total
Total
Galn on Sale of property
Insurance claim re repairs
Diocesan contrlbution for Archdeacon
Collection for former rectorlcurate
Sundry
33,537
33.537
26,566
2.543
7.460
5,353
26,566
2,543
5,287
5.287
2,714
7.460
2,714
5,353
2,714
5.287
8,001
34,462
40,997
75,459
Investments
2024
UnrestrlctedRe$trlcted Total
2023
Unrestrlcted Restrlrted Tot•1
Dlvldends
Other Interest IRCBI
Bank interest
1,342
1.342
6,757
2,137
2,137
3,572
92
6,757
3,572
40
92
1,382
6.757
8.139
2,229
3,572
5,801

17
Seapatrick Parlsh
Notes to the flnanclal statements
for the year ended 31 December 20Z4
Breakdown of expendlture on charttable artlvltles
2024
2023
Total Unrestricted Restrirted
Unrestrirted Restri¢ted
Total
Salarles and stlpends
Dlocesan assessment
Rertoryand curatage expenses
Heat and Ilght
Repairs
Administration costs
AccoLrntancy expen5e5
Ministry expenses
Catering expenses
Sundryexpense5
Payments to former rectorlcurate
Charitable donatlons
Parlsh organlsatlon expenses
Project delivery expenses
151,465
23,230
70,956
18.956
11,435
22,920
1,620
11.347
4,305
2.082
151,465
23,230
70,956
18,956
11,435
22,920
1.620
11,347
4.305
2,082
5,287
33,381
7,295
179,135
21,682
9,761
18,820
114,995
25,858
1,500
8,133
179,135
21,682
9,761
18,820
114.995
25,858
1.500
8,133
825
825
7,460
28.122
7,101
13,371
5.287
12,210
7.460
8,681
21,171
7,295
19.441
7,101
13,371
346,782
17,497
364,279
407,251
29,512
436,763
io.
stsff costs
2024
2023
Salaries and stipends
Employers national insurance
Pension costs
135,262
6,341
9,862
153.372
7.710
18,053
151,465
179,135

18
Seapatrick Parish
Notes to the financial statements
for the year ended 31 December 2024
io.
stsff costs Icontinuedl
The average number of persons employed during the year was
2024
2023
Clerical and ministerial team
Maintenance
Admlnistratlon
Organist
No employee12023.' none) re￿iVed remuneration totalling more than £60,0￿ during the year.
The charity contributes to a defined contribution pension scheme on behalf of certain employees.
The a55ets of the scheme are held Separately from those of the charity in an independently administered fund.
The contributlons made by the Parlsh durlng the year totalled £9,86212023: £18.0531.
The following Trustees received remuneration from the charity lunder the provisions of the charity's
constitution) during the year ended 31 December 2024, as follows-
Salary
Penslon
Revd W S Nlxon- Rector
Rev A Wllllams- Curate Ito 4 December 2024}
Mlss C Morton-worshlp leader
19,923
37.977
575
2,317
5,083
No trustee expenses were Incurred dLtring the year ended 31 December 2024.
ii.
Taxatlon
Seapatrick Parish is recognised as a charity for the purposes of applicable taxatlon leglslatlon and Is
therefore not subject to taxation on its charitable activities.

19
Seapatrick Parish
Notes to the financial statements
for the year ended 31 December 2024
12.
Tangible fixed assets
Land &
bulldln8S
Totsl
Cost or valuatlon
At l January 2024
& at 310ecember 2024
790,000
790,000
At l January 2024
& at 31 Oecember 2024
Depreciation
At ljanuary 2024
& at 31 December 2024
Net I￿0k value
At 31 December 2024
790.000
790,000
At 31 December 2023
790,000
790,rKJo
The Trustee5 have used valuatlons provlded by a local estate agent to value the propertles held by the Parish.
All property, with the exception of a curatage Sn Larchwood Avenue, Banbridge, are vested in the Representative
Church Body, The Trustees of the Parlsh are responsible for the malntenance and upkeep of these propertles.
The figure5 noted above do not include a valuatlon of Holy Trinity Church. Banbrldge and St Patrlck's Church,
Seapatrlck as these properties and all artefacts contained therein are deemed to be heritage 355ets. the
cost/valuatlon is not available and such information cannot be obtalned at a cost Commensurate with the
benefit to the users of the accounts
Debtors
2024
2023
Monies held by RCB
HMRC Gift Aid
Other debtors
Insurance prepayment
193,867
18.963
196
5.267
187.110
13.711
5,275
218,293
206.096
14.
c￿dItors. am¢)unt due within one year
2024
2023
Accruals and deferred income
7,599
1,500
Is.
Analysls of net assets between fund5
Unrestrirted
funds
Restrirted
funds
Total
Flxed assets
Net current assets
iio,000
169,928
680,000
193,866
790,000
363.794
279.928
873,866
1,153,794

20
Seapatrick Parish
Notes to the financial statements
for the year ended 31 December 2024
16. Funds movement
l January
2024
31 December
2024
Income
Expenditure
Transfers
General fijnd
Youth & Childrens. fund
Larchwood property fund
Building & refurbishment fund
143,868
313,410
1346.7821
5,876
5.tKJ6
116,372
5,006
IiO,OLK)
48,550
iio,000
39,678
8,872
Total unrestrlcted fund5
Z93,546
322.282
1346,7821
iowz
279,928
General fund
Property fund
Col Orphan's Society fund
CAP fund
Baby Basics fund
Who Let The Dads Out fund
17,497
6,757
117,4971
867,109
4,432
4.348
975
1.127
873,866
{4,4321
{4,3481
19751
{1.1271
Total restrirted funds
877.991
24.254
117.497)
110.8821
873A66
Totsl funds
1,171,537
346,536
1364,279
1,153,794

21
Seapatrick Parlsh
Note5 to the financlal statements
for the year ended 31 December 2024
17. Related Party Transartions
Total donations received from Trustees and their related parties for the year amounted to E26.51612023: E29.3161,
Below are disclosed the annual payments made to related partles during the year ended 31 December 2024:
Naftle of Related Porty
RelatIonsh￿ to Seopotiick Parlsh
Revd w S Nlxon
Revd A Wllllams
Mlss Cathy Morton
Trustee- remuneration in¢ludln8 pension
Trustee- remuneration including penslon
Trustee- remuneration
25.006
40.294
575
Revd Nlxon & Revd Wllllams received remuneratlon as Rector and Curate, not In thelr capacity as Trustees.
Miss Morton received remuneration in her capacity as a worship leader, not in her capaclty as Trustee.
The Parish contributed £23,23012023: £21,682) towards Dlocesan Assessments during the year.
18. Volunteers
The work and 5UPPQrt of members of the congregations In the Parish as volunteers Is vital to the operation of the
Parish. Volunteers undertake many roles Including encouraging prayer. acting within thelr local churches and
ommunltles, enthusing others and fundraising.