**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**|



3 

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|



4 

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|



5 

Registered with the Charity Commission for Northern Ireland NIC 102122