TULLYLISH PARISH CHURCH - CHARITY NO 101676 Receipts and Payments Account 31 December 2022
| Receipts Stewardship & FWO Plate collections Special collections Donations from Church Groups Donations for Charities RCB Gift Aid Covenants RCB Scheme Income RCB Endowments Property Income Bank Interest Received Sundry Covenant Tax Refunds 2021 Donations Loan Payments Total Receipts For Year Payments Stipend/Loco/CPF/PAYE/NIC Diocesan General Fund Other Salaries Rectory Expenses Church Expenses Hall Expenses Property Repairs Sunday School Expenses Office Expenses Charities Church Insurance Rates CCI Licence Catering General expenses Bank Interest & Charges Loan Repayments Total Payments For Year Net Receipts over Payments Before Transfers Transfers between funds Cash Funds at 1st January 2022 Cash Funds at 31st December 2022 |
(UnRes) (UnRes) (UnRes) (UnRes) (UnRes) (UnRes) (UnRes) (Restricted) (UnRes) (UnRes) General Property Current Deposit Development Deposit Deposit Graveyard Deposit Loan Fund Fund Account Account Account Account Account Account Account Account 2022 1 2 3 4 5 6 7 8 9 10 £ £ £ £ £ £ £ £ £ £ £ £33,740 £16,365 £1,050 £51,155 £985 £985 £2,621 £2,621 £3,616 £3,616 £1,384 £1,384 £3,344 £3,344 £0 £0 £1,527 £1,527 £242 £0 £9 £51 £56 £357 £1,779 £3,265 £5,044 £2,685 £2,685 £100 £680 £780 £0 £45,190 £23,878 £0 £1,050 £0 £9 £51 £3,265 £56 £0 £73,498 £48,994 £3,234 £52,228 £5,822 £5,822 £3,423 £3,423 £2,498 £1,567 £4,065 £4,416 £786 £5,202 £1,468 £3,280 £4,747 £144 £8,000 £4,000 £12,144 £813 £813 £741 £523 £1,264 £3,044 £3,044 £0 £2,937 £2,937 £175 £956 £1,131 £498 £498 £193 £193 £3,710 £3,710 £220 £220 £0 £0 £76,158 £21,283 £4,000 £0 £0 £0 £0 £0 £0 £0 £101,441 -£30,969 £2,595 -£4,000 £1,050 £0 £9 £51 £3,265 £56 £0 -£27,943 £29,705 -£178,080 £0 -£1,905 £150,336 £0 £0 £0 -£56 £0 £0 £7,657 £248,838 £16,073 £855 £0 £7,525 £33,726 £3,218 £37,153 £0 £355,045 £6,393 £73,353 £12,073 £0 £150,336 £7,534 £33,777 £6,483 £37,153 £0 £327,102 Page 3 |
2021 £ £43,498 £82 £2,475 £300 £38 £4,727 £228 £1,552 £1,439 £392 £4,399 £2,368 £256,975 £40,741 £359,214 £50,967 £5,846 £3,489 £2,456 £2,589 £4,498 £3,673 £836 £2,984 £1,500 £2,770 £1,022 £707 £90 £2,587 £1,644 £40,741 £128,399 £230,815 £0 £124,229 £355,044 |
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Tullyllsh Part5h Chur¢h Notes to the Flnandal Statements ForThÈ Year Ended 31st DecembÈr2022 Unrestvlrted Funds Restrtrttd Funds Endowm•nt Funds Total Total 2022 2022 2022 2022 2021 Cash Funds Current Accounts 91,819 156.819 248.638 275,786 Deposit Accounts 78.457 78.4S7 79,2S9 Total Cash Funds 170,276 156.819 327,095 355,045 Assets retalned forthe Parfsh'5 own use Glebe House Glebe Cottage Glebe Land Parish H811 Equipment 462,887 84,551 32.DX) 463,822 462.887 84,551 32,IX)O 463,822 462.887 84.551 32.CKK) 463.822 T•1 Assets tttalned for the PaAsh's own use 1,049, 1,049,064 1,049,064 Llabllltles Loan Account Total Liabilltie5 De(lar8t We approve of these accounts and confirm that we have made available all relevant records and lThformatlon for their paration. S*ned.-...-. Hwi. TreasurerSamuÈl Walker Rev. fjeoffreywllson Date Page 4
Tullylish Parish Church Notes to the Financial Statements For The Year Ended 31st December 2022
1. Accounting Policies:
Set out below are the principal accounting policies which have been adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Liabilities.
(a) Receipts and Payments Account
All items of income and expenditure included within the Receipts and Payments Account have been accounted for on a cash receipts basis.
(b) Statement of Assets and Liabilities
(1) Assets retained for the Parish's own use
The assets of the Parish retained for its own use comprise:-
Church Building and Graveyard Parish Hall Glebe House Glebe Cottage Glebe Lands (3 acres of grazing land) Equipment (Lawn mower, projector etc)
The Church Building and Graveyard are deemed to be Heritage assets as defined by the Charities SORP (FRS102).
These Heritage assets are not included in the statement of assets and liabilities as information on the cost or valuation is not available and such information cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the parish. (This will be the most common accounting policy, where the church is not deemed to be a heritage asset specific advice will need to be taken).
The Parish Hall, Glebe House, Glebe Cottage and Glebe Lands are ascribed a value based on the insurance valuation.
No depreciation has been provided on the Glebe House etc as the current estimated residual value is not less than its carrying value and the remaining useful life currently exceeds 50 years.
The minimum threshold of cost for an item to be considered to be capitalised as a fixed asset is not less than £1000.00.
2 Reconciliation of Cash Funds
| Total Cash Funds at the beginning of the year: Receipts for the year Payments for the year Transfers Total Cash Funds at the end of year |
£ 355,045 73,498 -101,441 0 327,102 |
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Tullylish Parish Church Notes to the Financial Statements For The Year Ended 31st December 2022
3 Movement in Funds
| Endowment Funds Totals Restricted Funds Graveyard Fund Totals Unrestricted Funds General Fund Danske Building Fund General Fund Danske Property & Maintenance Fund Danske Deposit Fund Danske Investment Fund Danske Fixed Term Fund Danske Fixed Term Fund Loan Account Totals Total Funds |
At 1st Jan Incoming Outgoing At 31st Dec 2022 Resources Resources Transfers 2022 £ £ £ £ £ 0 0 0 0 0 0 0 0 0 0 3,218 3,265 0 0 6,483 3,218 3,265 0 0 6,483 7,657 45,190 -76,158 29,705 6,393 248,838 23,878 -21,283 -178,080 73,353 16,073 0 -4,000 0 12,073 0 0 0 150,336 150,336 855 1,050 0 -1,905 0 7,525 9 0 0 7,534 33,726 51 0 0 33,777 37,153 56 0 -56 37,153 0 0 0 0 0 351,827 70,234 -101,441 0 320,619 355,044 73,499 -101,441 0 327,102 |
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Purpose of Restricted Funds
Graveyard Fund : This fund is for the general maintenance of the church graveyard.
Purpose of Unrestricted Funds
General Funds : These funds are for the general running of the church, to provide a stipend to the Rector, etc. Building Fund : This Fund is for the general maintenance of church buildings and to assist in any development costs. Deposit Funds : These funds assist the general funds and any church developments etc.
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Tullylish Parish Church Notes to the Financial Statements For The Year Ended 31st December 2022
3 Movement in Funds
| Endowment Funds Totals Restricted Funds Graveyard Fund Totals Unrestricted Funds General Fund Danske Building Fund General Fund Danske Property & Maintenance Fund Danske Deposit Fund Danske Investment Fund Danske Fixed Term Fund Danske Fixed Term Fund Loan Account Totals Total Funds |
At 1st Jan Incoming Outgoing At 31st Dec 2022 Resources Resources Transfers 2022 £ £ £ £ £ 0 0 0 0 0 0 0 0 0 0 3,218 3,265 0 0 6,483 3,218 3,265 0 0 6,483 7,657 45,190 -76,158 29,705 6,393 248,838 23,878 -21,283 -178,080 73,353 16,073 0 -4,000 0 12,073 0 0 0 150,336 150,336 855 1,050 0 -1,905 0 7,525 9 0 0 7,534 33,726 51 0 0 33,777 37,153 56 0 -56 37,153 0 0 0 0 0 351,827 70,234 -101,441 0 320,619 355,044 73,499 -101,441 0 327,102 |
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Purpose of Restricted Funds
Graveyard Fund : This fund is for the general maintenance of the church graveyard.
Purpose of Unrestricted Funds
General Funds : These funds are for the general running of the church, to provide a stipend to the Rector, etc. Building Fund : This Fund is for the general maintenance of church buildings and to assist in any development costs. Deposit Funds : These funds assist the general funds and any church developments etc.
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Tullylish Parish Church Notes to the Financial Statements For The Year Ended 31st December 2022
6. Transactions with the Trustees
Rev Brian Cruise received Stipend and Locomotory expenses of £37,165.44. Mr S M Vint's Company S M Vint & Co received a payment for Payroll work of £385.60.
No other trustee received any renumeration or reimbursement of expenses during the year.
No trustee or person related to a trustee had any personal interest in any contract or transaction entered into by the charity during the year.
7. Governance Costs
Goverance costs incurred during the year amounted to £800, being payment to independent examiner D Topley & Co Ltd.
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