Magherahamlet Financial Statement for the Year ending 31[st] December 2023
Magherahamlet Church and Hall Income for 2023 NIC 102122
| Donations & plate collections | ||
|---|---|---|
| Free Will Offering | 15482.70 | |
| Loose collection | 894.00 | |
| Harvest collections | 2060.00 | |
| Donations | 1494.00 | |
| 19930.70 | ||
| Charity Collections | ||
| Charity donations | 1653.35 | |
| Make a Mother's Day Appeal | 62.00 | |
| Bishop's appeal | 964.00 | |
| 2679.35 | ||
| Proceeds from fund raising events | ||
| Summer Fair | 0.00 | |
| Christmas Fair | 0.00 | |
| Sunday School Fundraising | 0.00 | |
| 0.00 | ||
| Bank & deposit Interest | ||
| Bank interest | 18.39 | |
| 18.39 | ||
| Investment income | ||
| Investment RB Unit Trusts | 6530.12 | |
| Investment CIT Unit Trusts | 406.31 | |
| RCB Scheme Income | 3.59 | |
| Land letting | 650.00 | |
| 7590.02 | ||
| NIE Wayleave & graveyard fees | ||
| NIE Wayleave | 31.78 | |
| Burial fee + graveyard fees(headstone) | 350.00 | |
| 381.78 | ||
| Other receipts | ||
| Gift Aid Tax Recovery | 6284.62 | |
| Donations for Queen’s Platinum Jubilee Celebration at Anahilt | ||
| Primary School | 413.33 | |
| Electricity Support Grant | 600.00 | |
| 7297.95 | ||
| Hall income | ||
| Donations | 1020.00 | |
| Credit form 2022 | 0.18 | |
| 1020.18 | ||
| Total receipts | 38918.37 | 38918.37 |
1
Registered with the Charity Commission for Northern Ireland NIC 102122
Magherahamlet Financial Statement for the Year ending 31[st] December 2023
Magherahamlet Church and Hall Expenses for 2023 NIC 102122
| Wages & salaries | ||
|---|---|---|
| Rector's stipend | 14959.68 | |
| Clergy supply | 620.00 | |
| Organist | 2640.00 | |
| Relief organist | 300.00 | |
| National Insurance Contributions | 1655.43 | |
| 20175.11 | ||
| Diocesan costs/assessment | ||
| Clergy pension | 3579.84 | |
| General fund | 3072.00 | |
| 6651.84 | ||
| Church running costs | ||
| Electricity | 1727.44 | |
| General supplies (petrol/Christmas tree) | 149.00 | |
| Insurance Church and Hall | 1767.08 | |
| Legal Expenses Insurance | 58.10 | |
| Sunday school expenses | 0.00 | |
| Gifts | 75.00 | |
| Church Repairs | 0.00 | |
| Water charges | 425.29 | |
| 4201.91 | ||
| Glebe costs | ||
| Rates | 374.80 | |
| Rectory repairs and maintenance | 246.24 | |
| Phone charges | 232.45 | |
| 853.49 | ||
| Administration costs | ||
| F.W.O. Envelopes - 2024 | 224.85 | |
| Copyright licence | 0.00 | |
| Bank fees | 108.74 | |
| Postage stamps etc. | 228.94 | |
| Printing / photocopying | 839.82 | |
| 1402.35 |
2
Registered with the Charity Commission for Northern Ireland NIC 102122
Magherahamlet Financial Statement for the Year ending 31[st] December 2023
Magherahamlet Church Expenses for 2023 NIC 102122 continued
| Charity Payments (Collections) | ||
|---|---|---|
| Leprosy Mission | 75.00 | |
| Christian Aid Libya Flood Appeal | 113.00 | |
| Christian Aid Ukraine Dam Appeal | 143.60 | |
| Poppy Appeal Fund | 191.00 | |
| Star NI | 116.00 | |
| Dean's Sit Out | 150.00 | |
| CMSI | 347.25 | |
| Mission to Seafarers | 100.00 | |
| Make A Mother's Day Appeal | 62.00 | |
| Cancer Fund for Children (Daisy Lodge and Narina Newcastle) | 165.60 | |
| British Red Cross (Morocco Appeal) | 113.00 | |
| Bishop’s Appeal Gaza | 400.00 | |
| Bishop’s Appeal Turkey/Syria Earthquake | 564.00 | |
| Church Ministry Among Jewish People | 66.50 | |
| RNLI | 75.00 | |
| 2681.95 | ||
| Charity Payments (Christmas) | ||
| Church Army | 100.00 | |
| Bible Society NI | 45.00 | |
| Sunflower Fellowship (Romania) | 192.00 | |
| N.I. Children's Hospice | 150.00 | |
| C of I Board for Social Responsibility | 100.00 | |
| 587.00 | ||
| Hall Costs | ||
| Bank fees | 37.97 | |
| Electricity | 464.08 | |
| Hall maintenance | 1910.27 | |
| Heating Oil | 380.63 | |
| Fire alarm and emergency lighting maintenance | 246.00 | |
| 3038.95 | ||
| Total payments | 39592.60 | 39592.60 |
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Registered with the Charity Commission for Northern Ireland NIC 102122
Magherahamlet Financial Statement for the Year ending 31[st] December 2023
Magherahamlet Parish Church and Hall Receipts for 2023
| Unrestricted | Restricted | Endowment | ||
|---|---|---|---|---|
| Funds 2023 | Funds 2023 | Funds 2023 | Total Funds | |
| Receipts | £ | £ | £ | 2023 |
| Donations, plate and charity collections | 19930.70 | 2679.35 | 22610.05 | |
| Proceeds from fund raising events | 0.00 | 0.00 | ||
| Bank & deposit Interest | 18.39 | 18.39 | ||
| Investment income | 7590.02 | 7590.02 | ||
| NIE Wayleave & graveyard fees | 381.78 | 381.78 | ||
| Other Receipts | 7297.95 | 7297.95 | ||
| Hall income (Donations) | 1020.18 | 1020.18 | ||
| Total receipts | 35218.84 | 3699.53 | 0.00 | 38918.37 |
Magherahamlet Parish Church and Hall Payments for 2023
| Unrestricted | Restricted | Endowment | ||
|---|---|---|---|---|
| Funds 2023 | Funds 2023 | Funds 2023 | Total Funds | |
| Payments | £ | £ | £ | 2023 |
| Wages & salaries | 20175.11 | 20175.11 | ||
| Diocesan costs/assessment | 6651.84 | 6651.84 | ||
| Church running costs | 4201.91 | 4201.91 | ||
| Glebe costs | 853.49 | 853.49 | ||
| Administration costs | 1402.35 | 1402.35 | ||
| Fund raising and other costs | 0.00 | 0.00 | ||
| Charity payments | 3268.95 | 3268.95 | ||
| Parish Hall costs | 3038.95 | 3038.95 | ||
| Total Payments | 33284.70 | 6307.90 | 0.00 | 39592.60 |
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Registered with the Charity Commission for Northern Ireland NIC 102122
Magherahamlet Financial Statement for the Year ending 31[st] December 2023
Magherahamlet Parish Church and Hall Reconciliation of Accounts at the 31/12/2023
| Cash Book | |
|---|---|
| Opening balance | 37326.88 |
| Add income | 38918.37 |
| = | 76245.25 |
| Less expenditure | 39592.60 |
| = | 36652.65 |
| Bank balance | |
| Church bank balance 31/12/23 | 19682.48 |
| Hall bank balance 31/12/23 | 17009.92 |
| Closing balance 31/12/23 | 36692.40 |
| Add late lodgements | 1053.00 |
| = | 37745.40 |
| Less outstanding cheques | 1092.75 |
| = | 36652.65 |
| Statement of Assets and | Liabilities as at 31 | December 2023 | ||
|---|---|---|---|---|
| Unrestricted Funds | Restricted Funds | Endowment Funds | Total Funds | |
| 2023 £ | 2023 £ | 2023 £ | 2023 | |
| Cash Funds | ||||
| Current Accounts | 19682.48 | 17009.92 | 36692.40 | |
| Total Cash Funds | 19682.48 | 17009.92 | 36692.40 | |
| Investment Assets | ||||
| Investments in RCB | ||||
| Unit trusts | 304369.89 | 304369.89 | ||
| Total Investment | ||||
| Assets | 304369.89 | 304369.89 | ||
| Assets retained for | ||||
| Parish's own use | ||||
| Parish Hall | 315000.00 | 315000.00 | ||
| Fixtures and Fittings | 12000.00 | 12000.00 | ||
| Glebe Lands | 70000.00 | 70000.00 | ||
| Total Assets | ||||
| retained for Parish's | ||||
| own use | 397000.00 | 397000.00 |
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Registered with the Charity Commission for Northern Ireland NIC 102122