Ballintoy Parish Church Financial Statements for the year ended 31st December 2024 Registered with the Charity Commission for Northern Ireland NIC 102113 BALLINTOY PARISH CHURCH RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestricted Restricted Funds Funds 2024 2024 Total 2024 Total 2023 Note RECEIPTS Donations and plate collections Bank Interest Investment Income Other Receipts Total Receipts 40,773 24 19,510 76 639 60,282 100 639 31,572 92,593 116,962 55 625 22,g86 140,628 31,572 72,369 20,225 PAYMENTS Wages and Salaries Diocesan Costs Church running costs Missions Glebe costs Adminstration costs Refurbishment Bank Charges Sundries 31.756 11.712 23,333 1.260 31,756 11,712 42,942 1,260 31,608 11,933 18,239 1,183 2,695 1,432 86,666 255 2,203 19,609 1,954 1,954 150 1,199 92 242 1,199 Total Payments 71.365 19,700 91,065 156,214 By Balance - Surplus (Deflcit) 1.1)03 525 1.528 -15,586 On behalf of tho Trustees Rev Patrick Barton Alistair Mcmullan 20th March 2025 BALLINTOY PARISH CHURCH STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2024 Unrestricted Funds 2024 Restricted Funds 2024 Total Funds 2023 2024 Cash Funds Current Accounts 16.317 76,541 92,858 91,330 Total Cash Funds 16.317 76,541 92,858 91,330 Totsl 2024 Total 2023 Investment Assets Investments in RCBICIT Unrt Trusts 9,182 8,375 Totsl Investment Assets 9,182 8,375 BALLINTOY PARISH CHURCH Notes to the Accounts - Year Ended 31 December 2024 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 Liabilrties. Receipts and Payments Account All items of income and expendrture included in the Receipts and Payments Account have been accounted for on a cash re￿Ipt basis. ststement of Assets and Liabilities (a) Assets retained for the Parish's own use The assets of the Parish, retained for its own use comprise of four church buildings and the graveyard. The church buildings and graveyard are deemed to be Heritage assets as defined by the Charities SORP {FRS 102). These heritage assets are not included in the statement of assets and liabilities as infomation on the cost or valuation is not available and such infonnation cannot be obtained as a cost commensurate with the benefrt to the users of the accounts and the parish. (b) Investments Fixed asset investments comprising investments in RCBICIT Unit Trusts are initially recorded at cost and then subsequently stated at fair value at each year end date. 3 Reconclliation of Cash Funds Total Cash Funds at 1 Janua Recei ts for the Year Pa ments for the Year Total Cash Funds at 31 December 2024 2024 91,330 92,593 92,858 BALLINTOY PARISH CHURCH Notes to the Accounts Continued - Year Ended 31 December 2024 4 Movement in Funds At 1 January 2024 Incoming ReSoUr￿S Outgoing Resources Transfers At31 December 2024 Restricted Funds Refurbishment Fund Parish Hall Joint Rectory 47.378 5,057 15,673 2.116 38,878 1,438 26.364 1,075 11,313 1,300 2,727 1,213 36,450 1.500 19,71)0 Unrestricted Funds General Fund 16,150 75,148 71,365 3,616 16.317 Totsl Funds 91,330 92.593 91,065 Pur ose of the Restricted Funds The Parish Hall Fund, Joint Rectory Fund and Refurbishmenl Fund are to assist with major Maintenan￿ projects for the church hall and rectory respectively. 5 Donations to Third Parties 2024 2023 Donations to Third Parties This is donation paKI from church funds to third parties, as approved by the Trustees. 6 Transactlons with Trustees One of the trustees, the minister of the church, Reverend P Barton receFved a stipend of £31,756. During the year and £1,500 was paid to Mrs H Heaney for her duties as Sexton. No other trustees received any remuneration or reimbursement of expenses during the year.