## **Notes to the financial statements for the year ended 31 December 2024** ## **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** ## **(i)** _**Assets retained for the Parish’s own use**_ **The assets of the Parish, retained for its own use are set out in the statement of balances.** 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. In 2018 stage 1 of a new car park was constructed. The relevant costs have been included in the statement of assets and liabilities. The Parish Centre The school building has been sold and all proceeds have now been received by St. Johns Church from RCB. ## **2. Reconciliation of Cash Funds** **----- Start of picture text -----**
£
Total Cash Funds at Beginning of the year 347,304
Receipts for the Year 240,473
Payments for the Year 363,061
Total Cash Funds at end of the year 224,715
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## **3. Movement in Funds - See Additional Notes tab** ## **Notes to the financial statements for the year ended 31st December 2024 (continued)** **----- Start of picture text -----**
4. Collections for Third Parties
2023 2024
£ £
Bishops’ Appeal £ 626 £ -
The above amounts have been included in Receipts for the Year under “2024”.
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## **5. Transactions with the Trustees** The parish paid expenses of £3,319 relating to the running costs of the glebe house which is occupied by the rector. This sum include £550 to Richard McCaw (Mow4U) as remuneration for ground maintenance. ## **6. Governance Costs** Governance costs of £330 were incurred during the year. This relates to fees paid to the independent examiner/auditor. These are included within Governance costs in the Receipts and Payments Accounts. CCXX R1 accounts (SS) 06/10/2025 1 **----- Start of picture text -----**
Charity Name Charity No.
St Johns Upper Kilwarlin NIC101677
Receipts and payments accounts
For the period 01/01/2024 31/12/2024
To
from
Section A Receipts and payments
Unrestricted Endowment Last year
Restricted funds Total funds
funds funds (Restated)
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donations & Legacies 3,452 900 4,352 4,574
Fundraising activities 3,810 - 3,810 3,881
Interest on deposit account 1,970 - 1,970 952
Dividend in investments 1,000 - 1,000 99,372
Members' subscriptions 31,826 - 31,826 33,721
Charitable trading receipts 3,235 - 3,235 3,916
Rents from land & buildings 1,877 - 1,877 1,800
Other charitable receipts 8,531 1,871 10,402 9,293
Grant Income 0 70,000 70,000 40,500
A1 Sub total (Gross income for the Annual
72,771 - 128,473 198,008
Return) [ 55,702 ]
A2 Asset and investment sales (see tables 1
and 2 in section 7 of the guidance) .
Proceeds from sale of school - 112,000 - 112,000
A2 Sub total - 112,000 - 112,000 -
Total receipts 55,702 184,771 - 240,473 198,008
A3 Payments
Cost of fundraising events - -
Gross trading payments - -
Investment management costs 220 220 638
Direct Charitable activity 24,023 1,871 25,894 35,524
Grants & Donations paid 7,500 7,500 4,613
Governance costs 330 330 -
Other costs 170 170 188
- -
- -
A3 Sub total [ 32,243 ] 1,871 - 34,114 40,962
A4 Asset and investment purchases (see
tables 1 and 2 in section 7 of the guidance)
Car park construction - stage 1 - - -
Church Hall - 328,947 - 328,947 10,489
A4 Sub total [ - ] 328,947 - 328,947 10,489
Total payments 32,243 330,818 - 363,061 51,451
Net of receipts/(payments) 23,459 - 146,047 - - 122,588 146,557
A5 Transfers between funds -52,616 52,616 - -
A6 Cash funds last year end 223,926 123,378 - 347,304 200,747
s remuneration for ground maintenance. 194,769 29,946 - 224,715 347,304
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CCXX R2 accounts (SS) 06/10/2025 2 **----- Start of picture text -----**
St Johns Upper Kilwarlin - NIC101677 Period end date: 31/12/2024
Section B Statement of assets and liabilities at the end of the period
Unrestricted Restricted Endowment Last year
Total funds
Categories Details funds funds funds (restated)
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
B1 Cash funds Current Account 44,752 - - 44,752 222,707
Fixed Term Deposit 1 50,000 50,000
Fixed Term Deposit 2 100,000 100,000
Maintenance Account 29,946 29,946 28,117
Investment Account 17 17 40,129
No. 2 Account (Parochial Hall fund) - - - - 56,351
- - - - -
Total cash funds 194,769 29,946 - 224,715 347,304
(agree balances with receipts and payments account(s)) OK OK OK OK OK
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
Details to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
B2 Other monetary - -
assets - - -
- - -
- - - -
- - - -
Total - -
Fund to which Current value
Details asset belongs Cost (optional) (optional) Last year
B3 Investment assets - - -
- - -
- - -
- - -
Total - - -
Fund to which Current value Last year
Details asset belongs Cost (optional) (optional) (Restated)
B4 Assets retained Rectory, St. Johns Road Hillsborough Unrestricted - 251,963 -
for the charity’s own Glebe land - St. Johns Road Hillsborough Unrestricted - 79,200 -
use Church Building (incl car park) - heritage asset Unrestricted - - -
Church Hall Unrestricted - 400,787 -
- - -
- - -
- - -
- - -
Total - 731,950 -
Fund to which When due Amount due
Details liability relates (optional) (optional) Last year
B5 Liabilities - -
- -
- -
- -
- -
Total - -
Signed by one or two Date of
trustees on behalf of all Signature Print Name
the trustees approval
Olwyn Thomas Olwyn Thomas 01/10/2025
James Woods James Woods 01/10/2025
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The parish paid expenses of £3,319 relating to the running costs of the glebe house which is occupied by the rector. This sum include £550 to Richard McCaw (Mow4U) as remunera CCXX R3 accounts (SS) 06/10/2025 3 **St Johns Upper Kilwarlin - NIC101677** **Period end date: 31/12/2024** ## **Additional analysis (1)** **Analysis of receipts and payments** ## **1 Donations** **----- Start of picture text -----**
Unrestricted Expendable Permanent Total current Total last
Restricted funds endowment endowment
funds funds funds period period
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
General collections - - -
Harvest 780 780 - -
Sunday School - - -
Orange Order 196 196 - 334
RBP 172 - - -
Parishoners gifts - - -
Hall Donations 900 900 - 4,240
Other Donations 2,476 2,476 - -
Womens World Prayer - - -
Seed time boxes - - -
-
-
Total 3,452 900 - - 4,352 4,574
OK OK OK OK OK
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## **2 Grants** |**2 Grants**||||| |---|---|---|---|---| ||**Unrestricted**
**funds**
**to nearest £**|**Restricted funds**
**to nearest £**|**Total current**
**period**
**to nearest £**|**Total last**
**period**
**to nearest £**| |Various Grant Income for Church Hall|**0**
**-**
**-**
**-**|**70,000**
**-**
**-**
**-**|**70,000**
**-**
**-**
**-**|**40,500**
**-**
**-**| |**Total**|**0**|**70,000**|**70,000**|**40,500**| ||**OK**|**OK**|**OK**|**OK**| ## **3 Gross receipts from other charitable activities** **----- Start of picture text -----**
Unrestricted Expendable Permanent Total current Total last
funds Restricted funds endowment funds endowment funds period (Restated)period
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
RCB income 33 33 31
RCB Investments 440 440 410
Gift Aid 1623 1623 3747
St.James on account 2279 2279 786
Sundries 0 0
Transfer 0 0
Maintenance 1,225 1225 1075
Miscellaneous 2,930 1,871 4,801 3245
The parish paid expenses of £3,319 relating to the
- - - - - -
8,531 1,871 - - 10,402 9,293
OK OK OK OK OK
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## **4 Payments relating directly to charitable activities** **----- Start of picture text -----**
Unrestricted Expendable Permanent Total current Total last
Restricted funds endowment endowment
funds funds funds period period
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
Rectors Stipend - - 12,747
National Insurance 1,034 1,034 1,417
Visiting Clergy 1,173 1,173 650
Organist 180 180 100
Pension Fund 924 924 4,404
General Fund 4,369 4,369 4,810
Church Expenses 3,932 3,932 2,559
Rectory expenses 3,319 3,319 2,226
0 - -
Insurances 1,789 1,789 944
Tax Management Consultants 584 584 337
Sundries - -
Orange Order - -
Misc expenses 4,131 1,871 6,002 3,929
NI Water - -
Churchyard maintenance 1,825 1,825 1,400
-
Parochial Hall Expenses (build costs) -
Parochial Hall Expenses (ongoing expenses) 761 761
-
Total 24,023 1,871 - - 25,894 35,524
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**OK OK OK OK** **OK** CCXX R4 accounts (SS) 06/10/2025 4 **Period end date: 31/12/2024** ## **St Johns Upper Kilwarlin - NIC101677 Additional analysis (2) 5 Breakdown of restricted funds** **----- Start of picture text -----**
Restricted fund Restricted fund Restricted fund Restricted fund Restricted
1 - enter name of 2 - enter name of 3 - enter name of 4 - enter name of fund 4 - enter
fund below fund below fund below fund below name of fund
below
Parochial Hall Total restricted Total restricted
Fund funds funds last
period
(Restated)
Receipts
Donations 900 900 4,240
Legacies - -
Grants 70,000 70,000 40,500
Receipts from fundraising activities - 2,321
Gross trading receipts - -
Income from investments other than land and -
buildings -
Rents from land & buildings - -
Gross receipts from other charitable activities 1,871 1,871 9,285
Sub total 72,771 - - - - 72,771 56,346
OK
Receipts from asset & investment sales
Proceeds from sale of fixed assets 112,000 112,000 -
Proceeds from sale of investments -
Sub total 112,000 - - - - 112,000 -
OK
Total receipts 184,771 - - - - 184,771 56,346
OK
Payments
Expenses for fundraising activities - -
Gross trading payments - -
Investment management costs - -
Payments relating directly to charitable activities 1,871 1,871 17,435
Grants and donations - -
Governance costs: - -
Audit / independent examination - -
Preparation of annual accounts - -
Legal costs - -
- -
- -
Sub total 1,871 - - - - 1,871 17,435
OK
Payments relating to asset and investment
movements
Purchases of fixed assets (Church Hall) 328,947 328,947
Purchase of investments -
Sub total 328,947 - - - - 328,947 -
OK
Total payments 330,818 - - - - 330,818 17,435
OK
Net receipts / (payments) ( 146,047) - - - - ( 146,047) 38,911
OK
Transfers to / (from) funds 52,616 - - - - 52,616 -
Surplus / (deficit) for year ( 93,432) - - - - ( 93,432) 38,911
The parish paid expenses of £3,319 relating to the running costs of the glebe house which is occupied by the rector. This sum include £550 to Richard McCaw (Mow4U) as remuneration for ground main
Funding for new parochial hall
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CCXX R5 accounts (SS) 06/10/2025 5