St Thomas's Parish Church, Belfast Financial Statements for the year ended 31 December 2022 Charity no. 101975
st Thomt¥s's Pansh Church, Beyust Financialstatementsfor the yearended 31 December2022 Contents Page (s) Independent Examiners Report to the Trustees Receipts and payments account Statement of assets and liabilities Notes to the financial statements
St Thomus's pl7rh Church. Beffast Finuncialstatementsfor the year ended 31 December2022 Puge I Independent examinerfs report to the charitytrustees of St Thomas's Parish Church. Belfast I report to the on the accounts of St Thoma5'5 Parish Church, Belfast for the year ended 31 December 2022, which are set out on pages 2 to 6. Respective responsibilities of charity trustees and examiner. As the charity's 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 Commission under section 6519llbl of the Charities Act; and state whether particular matters have come to my attention. Basis of independent examinerfs 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 65191{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 examinerfs statement I bave completed my examination and have no concerns in respect of the matters (11 to {41 listed above and, in connection with following the Directions of the Chartty Commission for Northern Ireland, I have found no matters that require drawing to your attention. Maynard Porter MA (Business Administration) 8b Old Moira Road Glenavy Crumlin BT29 4NP lolo312o'L
st Thomus's Parlsh Church, Belfast Financialstotementsfor the yeor ended 31 December2022 Poge2 Financial Statements for the year ended 31 December 2022 Receipts and Payments Account 2022 2022 Unrestricted Restricted Funds Funds 2022 Total 2021 Total Note Recei Church collections Special Donations & Bequests Trust Income Property use COVID 19 Charity Fund Grant Other receipts Charities Appeals Fund-raising Interest 36,748.23 10,217.88 1,293.78 23,429.00 7,174.00 2,259.74 0.00 26.08 53.52 0.00 0.00 0.00 0.00 0.00 86.67 80.00 36.748.23 49,237.57 10,217.88 394.00 1,293.78 2,206.89 23,429.00 27,141.00 7,174.00 6,568.00 2,346.41 24.52 80.00 150.00 26.08 1,004.24 53.52 52.44 0.00 81,202.23 166.67 81.368.90 86,778.66 Pa ments Wages. salaries and other costs Electricity, Water & Gas Telephone & internet Rent & Rates Insurance Repairs and Maintenance Rectory capital works project Gardening Office Supplies Church Supplies Diocesan Payments Charities and Bishops Appeals Other payments Bank Charges 52,978.52 0.00 7,136.96 0.00 358.73 0.00 4,413.48 0.00 6,641.11 0.00 1,564.00 0.00 0.00 33,421.20 1.773.00 0.00 601.23 o.oo 378.00 0.00 12,167.16 0.00 0.00 80.00 80.00 431.35 194.28 0.00 52,978.52 50,699.94 7,136.96 6,198.34 358.73 346.75 4,413.48 4.833.29 6,641.11 5,803.21 1,564.00 1,506.77 33,421.20 9,370.00 1,773.00 1,326.00 601.23 471.76 378.00 602.80 12,167.16 11.878.56 80.00 150.00 511.35 164.00 194.28 167.04 93.518.46 88,286.47 33,932.55 122,219.02 Excess of receipts over payments 17,084.241 133,765.88) (40,850.12) 16,739.80) Bank balances as at l January Add transfer5 Bank balances as at 31 December 24,042.87 0.00 {4,050.141 39,534.49 1,718.47 19.992.73 26,732.53 39.534.49 0.00 18,677.10 19,992.73 16.958.63 The notes on page5 4 to 6 form part of these financial Statements.
St Thomas's Pansh Church, Belfast Finuncialstatementsfor the yearended31 December 2022 Puge 3 Financial Statements for the year ended 31 December 2022 Statement of Assets and Liabilities 2022 Unrestricted Funds 2022 Restricted Funds 2022 Total 2021 Total Note Cash and bank balances Danske Bank no. l account Danske Bank no. 2 account Dankse Bank business investment account Parish organisations 15,319.12 1,205.35 (2,843.601 0.00 12,475.52 1,205.35 13,637.58 1,014.77 434.16 0.00 16,958.63 0.00 4,562.07 1,718.47 434.16 4,562.07 18.677.10 433.63 4,906.75 19,992.73 Investment assets RCB unit trust RCB deposit account 47,297.60 244,883.70 47,297.60 244,883.70 90,972.17 2,253.79 Assets retained for the Parish's own use Rectory Church office Curatage Ib (i) Ib lil Ib (il 665,652.00 53,927.00 n/a 619,211.00 50,165.00 n/a 619,211.00 50,165.00 239.950.00 Liabilities Amount due to parish secretary Amount due to gardener Alarm maintenance Rettory capital works projert Total Assets 11,500.001 (144.00) 1150.00} 0.00 0.00 (1,500.00) 11,500.00) {144.00) 142.001 0.00 (150.00) 0.00 {I,000.001 (1,000.001 0.00 15,164.63 1,012.478.77 1,027,643.40 1,021,002.69 Approved by the trustees and signed on their behalf: David King Honorary Treasurer The note5 on pages 4 to 6 form part of these financial statements.
St Thomos's Parish Church, Be¥a5t Financiolstotementsfor the year ended 31 December2022 Poge 4 Notes to the financial statements 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. Ib) Statement of Assets and Liabilities (il Assets retolnedAor the Parish's own use The assets of the Parish, retained for its own use comprise:. Church Building Other buildings - Rectory and Church Office Various fixtures and fitting5 The Church Building (including Christian artwork. materials and artefactsl are deemed to be Heritage Assets as defined by the Charities SORP IFR51021. 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 cornmensurate with the benefit to the users of the accounts and to the Parish. Other buildings comprising the Rectory and Church Office were built l acquired a number of years ago and accordingly reliable records of the initial cost, acquisition, subsequent capital works are not available. These buildings are included at insurance values only. Professional valuations have not been completed. No depreciation has been provided on these properties as the select vestry maintains these properties in good repair and the remaining useful life currently exceeds 50 years. All of the Church land and buildings are vested in the Representative Church Body. Fixtures and Fittings costing more than £1,000 are recognised at cost and are depreciated on 3 straight line basis over a period of 5 years. There are currently no fixtures and fittings costing more than £1,000 which were acquired within the previous 5 years. ill Investments Investment in RCB Unit Trusts are initially recorded at cost and are then subsequently stated at fair value at each year end date. Reconciliation of Cash Funds Total cash funds at l January 2022 Receipts for the year Add transfers from sale of unit trusts Payments forthe year Total cash funds at 31 December 2022 19.992.73 81,368.90 39,534.49 (122,219.021 18,677.10
St Thomas's Parish Church, Beost FinunciulStt7tementsfor the yearended 31 December2022 Puge 5 Notes to the financial statements {cont'd) Church collections 2022 2022 Unrestricted Restricted Funds Funds 2022 Total 2021 Total Free-will Offerings Banker's Orders loose plate collection Gift Aid Tax refund COVID 19 Appeal / {Gift monthl Donations 5,434.00 16,423.00 812.70 8,123.53 5,295.00 660.00 36,748.23 0.00 5.434.00 10,089.00 0.00 16,423.00 23,487.00 0.00 812.70 817.15 0.00 8.123.53 9,964.42 0.00 5,295.00 4,640.00 0.00 660.00 240.00 0.00 36.748.23 49,237.57 Property use 2022 2022 Unrestritted Restricted Funds Funds 2022 Total 2021 Total Rent from Bell Tower Car park Rental of curatage Other users 8,000.00 10,630.00 4,124.00 675.00 0.00 8,000.00 8.000.00 0.00 10,630.00 10,150.00 0.00 4.124.00 8,916.00 0.00 675.00 75.00 0.00 23,429.00 27,141.00 23,429.00 Other receipts 2022 2022 Unrestricted Restricted Funds Funds 2022 Total 2021 Total Church of Ireland Gazette Receipts Contribution to Transport Sundry Income RCB grant Parish organisations 0.00 0.00 749.74 1.510.00 0.00 80.00 0.00 0.00 0.00 6.67 80.00 0.00 749.74 20.00 0.00 0.00 0.00 4.52 1.510.00 0.00 2,259.74 86.67 2,346.41 24.52
St Thomas's Parish Church. Belfast FinunclulStt7tementsfor the yet¥rended 32 December 2022 Poge 6 Notes to the financial statements (cont'd) 6. Wages, salaries & other costs 2022 2022 Unrestricted Restricted Funds Funds 2022 Total 2021 Total Rector - stipend Rector- motor allowance Rector- pension Rector- employer's NIC Rector- cover Organists Secretary 37,035.22 6,591.00 5.909.04 153.26 300.00 0.00 37,035.22 36,089.96 0.00 6,591.00 6,591.00 0.00 5,909.04 5,737.08 0.00 153.26 0.00 0.00 300.00 1,171.90 I,iio.00 0.00 2,990.00 0.00 2,990.00 0.00 0.00 52,978.52 0.00 52,978.52 50,699.94 Other payments 2022 2022 Unrestricted Restricted Funds Funds 2022 Total 2021 Total Church of Ireland Gazette Parish organisations 80.00 0.00 80.00 351.35 160.00 164.00 0.00 351.35 80.00 431.35 511.35 164.00 Transaction5 With the Trustees Details of remuneration paid to the Rector are shown at note 6 above. The rectory wa5 Vacant during the year to allow for the capital works programme. Other accommodation was rented by the Church for the rector and his family at a cost of £10.900. No trustee, nor any person related to a trustee. had any personal interest in any contract or transaction entered into by the Parish durin8 the year.