BLACKSTAFF MISSION AREA
Reaching the Lost, and Building the Church, for God s Glory
St Aidan's Parish Church
Blythe Street
Belfast
BT12 5HX
Statement of Income and Expenditure
statement of Assets and Liabilities
For year ended 31 st December 2023
Charities Number: NIC101978

Statement of Income and Expenditure & Statement of Assets and Liabilities
Table of Contents
References and Admlnlstratlve Details...................................................................................................
Indop6ndont Examiners Report to the Trustees,...................................................................................
No.1 Account..............................................................................
Unrestricted - Designated - Rèstricted - Endowment Funds............................................................
Accountlng Pollcles............................................................................................................... . ..
Income and Expenditur&,.,,,..,,,..,,,.,,....,,,..,,..,,...,,...,....,,.,,,..,....,,..,......,..................,......................................
Transfers between Accounts............................................
Assets Retained forParish Use....................................................................................................................
Investments...
Reconclllatlon of Cash Accounts.............................................................................................................
Movement In Funds..................................................... .. .
Pu￿oSe ofRestrict8d Funds...................................................
Purpose ofDesignated Funds........................................................
.10
.10
Collectlon8 for Thlrd Partle8....................................
.10
Transactlons wlth the Trustees................................... ..
.10
Governance Costs,.,...................................................................... ..........
.10
St. Aidan's Parish Church
Charities Number: NIC101978

Statement of Income and Expenditure & Statement of Assets and Liabilities
References and Administrativ8 Details
Charity Name:
St Aidan's Parish Church
Charity Registration
Number:
Correspondence Address..
NIC101978
St Aidan's Parish Church
Blythe Street
Belfast
BT12 5HX
Trustees,:
Venerable Barry Forde
Rev Ross Mungavin (From 1 $1 July 2023)
Mrs E. Adair
Mrs B. Bowden
Mr A. Campbell
Mrs M. Close
Mrs D. Coates
Mrs E. Collins
Mr J. Collins
Mrs M. Couchman
Mr R. Griffin
Mr S. J. Griffin
Mrs A. Hunter
Mr J. Hunter
Mr E. Murray
Mr R Redpath
Mrs A. Richardson
Mr A Serplus
Principle Office-bearers
Clergy:
Venerable Barry Forde
Rev Ross Mungavin (From 181 July 2023)
Vacant
Mrs D. Coates
Honorary Secretary:
Honorary Treasurer:
Independent Auditor
Mr Peter Grant
31 Masket Drive
Carryduff
Belfast
BT8 8QP
Bankers
Danske Bank
49-51 University Road
Belfast
BT7 1ND
St. Aidan's Parish Church
Charities Number: NIC101978

Statement of Income and Expenditure & Statement of Assets and Liabilities
Independent Examiners Report to the Trustees,
Mr Peter Grant reviewed the annual ended 31st December 2023 on the 26th March
2024 and made the necessary adjustment as and where ne￿SSary based on the
principle records and information given to him.
St. Aidan's Parish Church
Charities Number: NIC101978

Statement of Income and Expenditure & Statement of Assets and Liabilities
No.1 Account
Unr•vtrlGt•d FundB
DDslgn4t•d Fund¥
RDstrl¢fyd End•wmBnt Fund• Total
Inrxjme
FWO
Grft Aid
Loosè ColBcODn
InleresVDKvlcoviax
216&8.46
2978 58
ID770
218BB.46
2978 58
107 70
2.01
496.50
498 50
Spo(ial
GfftVD¢nai￿n¥
Board DI Educallon
RC8 Inter981 & Trslrfbullon•
CIT
sl.mory Magdaleng
Adv0￿￿1n9 Income
Ehcirfdty supply Grant H•ll
E￿￿￿citY Supply GrAnt
Sund￿*
371B.54
3718 54
157179
8520.45
576.78
1571 79
8520.45
578.78
731.25
1523.30
1200.00
731 25
1523.30
12(KJ.(WJ
Totsl Incorn•
41543.57
0.00
0,00
43115.36
Exp9nd[￿rg
ryergy Sllpend, loo). CPE & NIC
P8rn￿ Wother
oc¢$e ol ConnorWA9¢1
RCB Gonerol Fund¥
Oulreath WorfE•r
5329.88
280.00
231DO.32
S320.98
23100.32
Chuth Expeni•8
1326.44
219.00
132644
219.00
0.00
000
2250.00
1992.94
2175.08
EI•citshy
BeM451 Clty Hall. P￿AnIng
Ground R•ni
OT9•nl
R•pelrs. R•n•w41• & ￿l•rchI￿•
Iniur4n
22S0.00
1892.94
2175.oe
0.00
342.00
301.31
400.00
0.00
is￿.¢0
0.00
El•ctrfdty
Ground Reni & WalorChirg•4
ADT Athimi & Flr• 8&1oty
R•p•
ULS l•n6 & PTQP•rty
Inaumnta
342.00
400.00
1SOO.00
Rfrc￿ry
3807.4e
3e07.46
¢urnl•g
2432.ss
2432.55
Wnd•prAv•nue 1th4rn of rnnovitlDn•i
26000 00
2e(m.
O+hffr
Parflh Nvvm Rèporf¥ & En￿lop•1
B•nk Fu•9 a ChAf9OJ
Copl?r& Pholuwpl•8
CCLI L*•nC•
PresenIal￿n& & Lo*￿nI
Awuntancy Fee8
Global kledl• Rèlund
OwaD Trpairn, In¥urenu 8 Blblryj
Slollonery
Sundrfw$
809 40
149 87
IDY26
242.21
200 00
285.00
-308.25
149.87
109.25
242.21
200.00
285.00
.306.25
888.33
0.00
0.00
1102.60
0.00
76239.60
1102.eD
Totsl ExpBndlbJ
42206.85
0.00
34032.85
In¢om•- Exp•ndltsre
463 08
1571.79
44032 gs
0.00
-￿124.24
0.00
34056.64
N•tTr•rt*f•
340$8.fj4
Signed on be
Ifoft
rustees,.
Trustee 1
Trustee
St. Aidan's Parish Church
Charities Number: NIC101978

Statement of Income and Expenditure & Statement of Assets and Liabilities
Other Accounts
Unr•5tr1¢ted Funds Dèslgnatad Funds
Ro$tricted Funds Endowment Funds Total
No 2 Account
Donations
Bank Interest
3449.80
406.74
3449.80
406 74
Total Incomo
0.00
0.00
3856 54
0.00
3856.54
0.00
0.00
Totsl Expenditur•
Trnnsfers
1000.00
1000.00
Unrèstrlctsd Funds Deslgnated Funds
Rastrlctod Funds Endowment Funds Totsl
No 3 Account
0.00
0.00
0.00
314 82
314.82
Donations
Bank Inte￿$t
Totsl Incom•
314.82
314.82
0,00
0.00
000
Totsl Exp•ndllur&
0.00
TTJn•f•r•
0.00
Curatoge Account
Cur¥leage Income
Inl*r8sl
6823.88
718.94
6823 88
716.94
Totsl In¢om•
0.00
0.00
7540.82
0.00
7540 82
Totsl Expfyndlturè
0.00
Tr*Mf•r•
-35058.64
-35058,64
Unr•Jtrlctod Fund• D•8lgnat•d Funds
R•itrl¢tod Fund$ Endowmont Fund8 Total
Wèbsitè Donatlon8 Account
D¢nalions & Websrte Don
Interest
Total Income
7,735.00
149 17
7 884.17
7,735.00
149.17
0.00 £ 7 884.17
0.00
FW) moved to No1
Account
Total Expondlturo
Tr•n•l¢rn
Signed on be
If ofth
ustees,.
Trustee 1
Trustee
St. Aidan's Parish Church
Charities Number: NIC101978

Statement of Income and Expenditure & Statement of Assets and Liabilities
Unrestricted - Designated - Restricted - Endowment Funds
Unr•¥lrtcted Fundi
DaslgD•ted Fundi
Restrlctsd Funds Endowment Fund¥ Total
Cash Account
No1
No2
No3
Curat8age
V4Èb5ite DoDdtK)nS
Total Cash Fund8
4e3 08
0.00
o.oo
0.00
7884.17
7221.09
1571.79
0.00
314.82
0.00
0.00
1886.61
44032.95
3856.54
0.00
7540.82
0.00
-22635.59
0.00
0.00
0.00
0.00
0.00
0.00
-33124.24
3856.54
314.82
7540.82
7884.17
-13527.89
A¥89ts Retsln?d for tho P4rl4h'• Own UBe
Pa￿Sh Church
R8clory
Curalage
16% of Sl Mary MagBdelen6 Rectory
Flxtur88 & Fllllng8
Total A•s•ty
0.00
0.00
0.00
0.00
50.00
50.00
0.00
0.00
0.00
5000
50.00
0.00
0,00
0.00
Inv•#kn•fit A•*•t•
Equrty Investments
Olh•r Lk%i¢d Inve$im¢nl$
RCB Cgsh a¢¢ouni6 (In¢￿dIng sak of Pafl$h
0.00
0,00
o.oo
0.00
180000.00
288es8.oo
0.00
0.00
448658.00
180000.00
268658.00
Inveslmenls h RCBI CIT unk Trus18
Inveslmenl PK)pertles
Olhqr unl8t8d Inve51m8nlS
Totsl Invo•thbOnt A••ots
0.00
448658.00
000
0.00
0.00
Signed on beh
f ofth
rustees,.
Trustee 1
Trustee 2
St. Aidan's Parish Church
Charities Number: NIC101978

Statement of Income and Expenditure & Statement of Assets and Liabilities
Accounting Policies
Set out below are the principal accounting policies which have been adopted in the
compilation of the Income and Expenditure as well as Statement of Assets and
Liabilities.
Income and Ex
enditure
All items of income and expenditure included within the Income and Expenditure
Accounts have been accounted for on a cash receipt basis.
Transfers between Accou nts
Transfers between accounts have been completed to ensure that the No1 account
retains a minimal balance of £2000.00 Transfers out of the No1 have been to place to
move restricted monies to restricted accounts.
Assets Retained for Parish Use
The Parish assets comprise of the following: _
1. Church Building
2. Rectory
3. Curateage
4. 160/0 of St Mary Magdalene Rectory
The Church Building is 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 cost or valuation is not available and such information
cannot be obtained at a cost commensurate within the benefit to the users of the
accounts and to the Parish.
The rectory was built in 1992 and purchased by the Parish in 1997. While a relatively
modern building, construction costs have not been available from the previous owners.
Therefore, no reliable records of the cost of this construction and valuation approach
for such a building lacks sufficient reliability. As a result, this building is not recognised
in the parish statement of accounts of asset and liabilities.
The Curateage was built in the 1920s and purchased by the Parish in 1976. There are
no reliable records of the cost of this construction and valuation approach for such a
building lacks sufficient reliability. As a result, this building is not recognised in the
parish statement of accounts of asset and liabilities.
In March 2023, it was agreed that St Aidan's would be given 16% of St Mary
Magdalene's Rectory This property was built in 1930s and has been used by St Mary
Magdalene since the 1980s. There are no reliable records of the cost of this
construction and valuation approach for such a building lacks sufficient reliability. As
a result, this building is not recognised in the parish statement of accounts of asset
and liabilities.
St. Aidan's Parish Church
Charities Number: NIC101978

Statement of Income and Expenditure & Statement of Assets and Liabilities
Investments
The Parish re￿iVeS dividend income from Investments held with the Department for
Communities (DFC) and the Representative Church Body (RCB) of the Church of
Ireland.
Reconciliation of Cash Accounts
The following table provides the reconciliation of all accounts.
Account
Balanco 1st January 2023 Incomè
Expendltura Transfer8
8alan¢e 31 St Dgcembgr 2023
No1
No2
No3
Curdleage
Website Donations
Total
1068.11 43115.36
29667.33 3856.54
25129.09
314.82
79820.87 7540 82
7237.73 7884.17
142921.13 62711.71
76239.60
34058 64
0.00
1000.00
0.00
0.00
0.00 -35058,64
0.00
0.00
76239.60
0.00
2000.51
34523.87
25443.91
52303.05
15121.90
129393.24
Movement in Funds
Unrestri¢t
Account
Balance lit January 2023
InGomo
Expendlture Tran•fer¥ Balanc• 31•t D•cembor 2023
No1
No2
No3
Curaleage
Vvebsite Donation¥
Total
-2407,13 41543.57
0,00
0.00
3490 00
o.ao
0.00
0.00
7237.73 7884.17
8320 60 49427.74
42206.65
0.00
0.00
0.00
0.00
42206.65
0.00
0.00
o.oo
0.00
O.OD
0.00
-3070.21
0.00
3490.00
o.oo
15121.90
15541.69
R•8trlct8d
A¢¢ount
Balancg 1st Janu4ry 2023
Income
Expondlturo Trnn81•rn Balance 31st Do¢•mb•r 2023
No1
No2
No3
Curaleage
Webshe Donations
Total
1272.84
0.00
29667 33 3856.54
18398.51
0.00
79820.87 7540.82
0.00
0.00
129159.55 11397.36
34032.95 34058.84
0,00
1000.00
0,00
0.00
0,00 -35058.64
0,00
0.00
34032,95
0.00
1298.53
34523 87
18398.51
52303.05
0.00
106523.96
D•8ignat•d
Account
Balanc• 1st January 2023
Incomo
Expfrndlture TrJnsf8r8 8alan¢• 31st De¢embor 2023
No1
No2
No3
Curaleage
Website Donations
Total
2200.40 1571.79
0.00
0.00
3240.58
314.82
0.00
o.oo
0.00
5440.98 1886.61
0.00
0.00
0.00
0.00
0.00
0.00
0.00
o.oo
0.00
0.00
0.00
3772.19
0.00
3555.40
0.00
0.00
7327,59
Endowment
AcGount
Balancg 1¥t January 2023
Incom•
Expondlturo Tran$forn Balanco 31st Decembor 2023
No1
No2
No3
Curateage
Websf(e DonalK)n8
Total
0.00
0.00
0.00
0,00
0.00
0.00
0.00
0.00
O.DO
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
o.oo
0.00
0.00
0.00
Total Funds
142921.13 62711.71
76239.60
0.00
129393.24
St. Aidan's Parish Church
Charities Number: NIC101978

Statement of Income and Expenditure & Statement of Assets and Liabilities
Pur
ose of Restricted Funds
The Curateage Account is used to receive income the Curateage and cover all repairs
to buildings housing clergy.
The No. 2 account is to assist the parish with repairs to all parish property.
Pur
ose of Desi
nated Funds
Designated funds are held for specific duties the parish is expected to perfonn, such
as Sunday School teaching.
The No.3 Account is used to receive income for these purposes.
Collections for Third Parties
The Parish received £496.50 in collections towards and donated £1102,60 to the
following charities..
Leprosy Mission
ICM
BCMS
Crosslinks
CMS Ireland
Church Army
Bishops Appeal
Nl Hospice
Divine Healing
Birds of Paradise
Transactions with the Trustees
No trustee or a person related to a trustee had any personal interest in any contract
or transaction entered by the charity during the year.
GovernanG8 Costs
Governance costs were not incurred during the year.
St. Aidan's Parish Church
10
Charities Number: NIC101978