## **Ballymacarrett Parish Church**
## **Financial statements**
**for the year ended 31 December 2022**
## **Ballymacarrett Parish Church**
||**Contents**||
|---|---|---|
|||**Page**|
|Independent examiner's report||**1**|
|Statement of Financial Activities||**2**|
|Balance sheet||**3**|
|Notes to the financial statements||**4 - 7**|
## **Independent auditor's report to the shareholders of Ballymacarrett Parish Church**
I report on the accounts of Ballymacarrett Church for the year ended 31 December 2022.
## **Respective responsibilities of the 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.
- examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008;
- follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act; and
- state whether particular matters have come to my attention.
## **Basis of independent examiner's 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 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes 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:
1. That accounting records were not kept in accordance with section 386 of the Companies Act 2006
2. That the accounts do not accord with those accounting records
3. That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
4. That there is further information needed for a proper understanding of the accounts to be reached.
## **Independent examiner's statement**
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.
**Richard McClay FCA 1 Lanyon Quay For and on behalf of McCreery Turkington Stockman LTD Belfast BT1 3LG 9 March 2023**
**Page 1**
## **Ballymacarrett Parish Church**
## **Statement of Financial Activities (Including Summary Income and Expenditure Account) for the year ended 31 December 2022**
|**Unrestricted**
**Restricted**
**Year**
**Funds**
**Funds**
**Total**
**2022**
**2022**
**2022**
**Incoming Resources**
**Notes**
**£**
**£**
**£**
_Income resources from_
_generated funds:_
Voluntary income:
**2**
69,532
-
69,532
_Activities for generating_
_funds_
**3**
10
-
10
_Investment income_
**4**
4,236
-
4,236
_Incoming resources from_
_charitable activities_
**5**
21,617
-
21,617
**Total incoming resources**
95,395
-
95,395
**Resources expended**
**Costs of generating funds:**
Costs of charitable activities
**6**
)
(113,378
-
)
(113,378
**Total resources expended**
)
(113,378
-
)
(113,378
**Net income before transfers**
)
(17,983
-
)
(17,983
**Transfer between funds**
-
-
-
**Net incoming resources**
)
(17,983
-
)
(17,983
Fund balances brought forward
92,854
-
92,854
**Fund balances carried forward**
74,871
-
74,871|**Year**
**Total**
**2021**
**£**
76,279
-
4,331
19,630
100,240
)
(98,478
)
(98,478
1,762
-
1,762
91,092
92,854|
|---|---|
All of the above results are derived from continuing activities.All gains and losses recognised in the year are included above.
**The notes on pages 4 to 7 form an integral part of these financial statements.**
**Page 2**
## **Ballymacarrett Parish Church**
|**Balance sheet**
**as at 31 December 2022**
**2022**
**Notes**
**£**
**£**
**Current assets**
Cash at bank and in hand
**8**
74,871
74,871
**Net current assets**
74,871
**Net assets**
74,871
**Capital and reserves**
Unrestricted funds
**9**
74,871
**General funds**
74,871|**2021**
**£**
92,854
92,854|**£**
92,854|
|---|---|---|
|||92,854|
|||92,854|
|||92,854|
The financial statements were approved by members of the Select Vestry on 9 March 2023 and signed and approved for issue on its behalf by
## **Treasurer**
**The notes on pages 4 to 7 form an integral part of these financial statements.**
**Page 3**
## **Ballymacarrett Parish Church**
## **Notes to the financial statements**
## **for the year ended 31 December 2022**
## **1. Accounting policies**
## **1.1. Basis of preparation**
The accounts have been prepared in accordance with the charity's governing document, the “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019). The charity is a Public Benefit Entity as defined by FRS 102.
## **1.2. Fund Accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal
## **1.3. Resources**
## **Incoming resources**
All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Donations are included as income when they are received. No amounts are included in the financial statements for services donated by volunteers.
## **Resources expended**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs relating to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.
**Page 4**
## **Ballymacarrett Parish Church**
## **Notes to the financial statements**
## **for the year ended 31 December 2022**
|.................... continued
**2.**
**Income from charitable activities**
**Unrestricted**
**Restricted**
**Total**
**2022**
**2022**
**2022**
**£**
**£**
**£**
F.W.O
48,847
-
48,847
Loose Collection
2,074
-
2,074
Maintenance Fund
3,279
-
3,279
Special Collections And Donations
3,755
-
3,755
Gift Aid
8,386
-
8,386
Other
3,191
-
3,191
69,532
-
69,532
**3.**
**Incoming Resources from**
**Unrestricted**
**Restricted**
**Total**
**activities for generating funds**
**2022**
**2022**
**2022**
**£**
**£**
**£**
Tea
10
-
10
10
-
10
**4.**
**Investment income**
**Unrestricted**
**Restricted**
**Total**
**2022**
**2022**
**2022**
**£**
**£**
**£**
**Investment income**
Bank interest and RCB
4,236
-
4,236
4,236
-
4,236|**Total**
**2021**
**£**
55,379
1,919
3,793
2,803
10,174
2,211|
|---|---|
||76,279|
||**Total**
**2021**
**£**
10|
||10|
||**Total**
**2021**
**£**
4,331|
||4,331|
**Page 5**
## **Ballymacarrett Parish Church**
## **Notes to the financial statements**
## **for the year ended 31 December 2022**
|.................... continued
**5.**
**Incoming Resources from**
**Unrestricted**
**Restricted**
**Total**
**charitable activities**
**2022**
**2022**
**2022**
**£**
**£**
**£**
Gazette
236
-
236
Easter & Harvest
711
-
711
Rental Income
11,190
-
11,190
St Martin's Hall
9,480
-
9,480
21,617
-
21,617
**Unrestricted**
**Restricted**
**Total**
**2022**
**2022**
**2022**
**£**
**£**
**£**
**6.**
**Total resources expended**
**Costs of charitable activities**
**by fund type**
Charitable activity
101,655
-
101,655
Support costs
11,723
-
11,723
113,378
-
113,378
**7.**
**Employees**
**Employment costs**
**2022**
**£**
Wages and salaries
54,488
Social security costs
1,556
Other pension costs
9,132
65,176|**Total**
**2021**
**£**
215
781
11,134
7,500
19,630
**Total**
**2021**
**£**
88,887
9,591
98,478
**2021**
**£**
52,104
649
8,616
61,369|
|---|---|
There were no employees earning over £60,000 in the year ended 31 December 2022.
**Page 6**
## **Ballymacarrett Parish Church**
## **Notes to the financial statements**
## **for the year ended 31 December 2022**
|.................... continued|.................... continued||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**8.**|**Cash at Bank**||||||||||||
||Leeds Building Society||||||27,739|||27,712|||
||NSI Bonds||||||13,000|||13,000|||
||Ulster Bank||||||34,132|||52,142|||
||||||||74,871|||92,854|||
|||**General**|||**Restricted**||||||||
|**9.**|**Statement of funds**|**reserve**|||**reserve**||||||||
|||**account**|||**account**||||**Total**||||
||||**£**||||**£**|||**£**|||
||**Total reserves at 1 January 2022**||92,854|||||-||92,854|||
||Total income for the year||95,395|||||-||95,395|||
||Total expenditure for the year|(113,378||)||||-|)
(113,378||||
||**Total reserves at 31 December 2022**||74,871|||||-||74,871|||
||The general reserve represents the free funds of the charity which are not designated for particular||||||||||||
||purposes.||||||||||||
|||**General**|||**Restricted**||||||||
|**10.**|**Analysis of net assets between funds**|**reserve**|||**reserve**||||||||
|||**fund**||||**fund**|||**Total**||||
||||**£**||||**£**|||**£**|||
||**Fund Balances at 31 December 2022**||||||||||||
||**represented by:**||||||||||||
||Current assets||74,871|||||-||74,871|||
||**Total net assets**||74,871|||||-||74,871|||
The general reserve represents the free funds of the charity which are not designated for particular purposes.
**Page 7**