St Katharine's Parish Church
2-4 Dunlambert Paik. Bellast 8TIS 3NJ
Independent Examlners Report to the Trustees
Statement of Recelpts and Payments and Assets and Llabllltles
For the year ended 31st December 2023
Charltles Number: NIC102178
Revision
Not Applicable
St Katharine's Parish Church
Page I

St Katharine's Parish Church
Independent Examlners Report to the Trustees Statement of Receipt5 and Payments and A55ets and
Llabillties for the year ended 31st December 2023
Contents
Pages
References and administrative details of the Charity
Independent Examlners Report to the Trustees
Receipts and payments account
Statement of assets and liabilitie5
Notes to the financial statements
8-10
St Katharine's Parish Church
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St Katharine's Parish Church
References and admlnistrative detalls
Charity Name..
St Katharine's Parish Church
Charity Registration Number..
NIC102178
Contact Address..
2-4 Dunlambert Park,
Belfast
BT15 3NJ
Trustees
Reverend WilliamTa88art
Mr A Hughes
Mr C Parkes IDecea5ed 20231
Mr N Mcconnell
Mr S Mcclure
Mrs D Mcclure
Miss E L Parkes
Prlnclpal Offlce-bearers
Clergy.. Reverend WilliamTag8art
Church Honorary Treasurer.. Mr A Hughes
Church Honorary Secretary.. Mr C Parkes IDeceased 20231
Church Honorary Secretary: Mr N Mcconnell
Independent Audltor
Mr5 G McBride
Unit 81.13 Portview Trade Centre
310 Newtownards Road
Belfast
BT4 IHE
Bankers
Ulster Bank
Connswater Branch
Belfast
BT5 4AF
St Katharine's Parish Church
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Date 26 March 2023
Independent Examlners Report to the Trustees of St Katharine's Parlsh Church
I have reviewed the accounts and relevant transactions relating to St Katharine's Parish Church. On the basis
of the information provided to me l am satisfied that the detail contained within these accounts are a true
representation of the financial position of St Katharine's Parish Church for the year ended 315t December
2023.
Mr5 Gillian McBride
Independent Examlner
Date: 26 March 2023
St Katharine's Parish Church
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Receipts and Payments Account for the year ended 31st December 2023
No. I Current Account
Unrestrlcted
Funds
2023
Restricted
Funds
2023
Endowment
Funds
2023
Total
2023
Note
Recel
Plate collections
HMRC Gift & Charities Aid
Special collections
Gifts and Donations
Proceeds from Fund Raising Events
Donations for Church Magazine
Donations for Charities
Other Receipts IDesi8nated Purposes)
Receipts from Parish Organisations
NIA
28.748.24
5.403.37
280.00
4,027.40
28,748.24
5,403.37
280.00
4.027.40
5.00
950.79
1,200.00
950.79
1,200.00
Total R
cei
40,799.01
955.79
41.754.80
Pa
ments
Wages and Salaries
Diocesan Costs/ Share & Pension
Clergy Housing Costs
Property Costs
Administration Costs
Church runnin8 Costs
Charitable Donations
Payments from Parish Or8anisatlons
NIA
41,406.96
13,232.79
6,000.00
5,255.95
2.261.02
203.50
41,406.96
13,232.79
6,000.00
5.255.95
2,266.02
203.50
950.79
5.00
950.79
Total Pa
ments
68,360.22
955.79
69,316.01
ExcessllDeflclt) of Recelpts over
Payments for the year before transfers
127,561.211
127,561.211
Transfers
nla
ExcessllDeflcltl of Recelpts over
Payments for the year
{27,561.21)
127,561.211
On Behalf of the Trustees
Trustee I
Trustee 2
St KathariDe's Parish Church
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Receipts and Payments Account for the year ended 31st December 2023
No. 2 Current Account
Buildin
s Maintenance Fund
Unrestricted
Funds
2023
Restrlcted
Funds
2023
Endowment
Funds
2023
Total
2023
Note
Recel ts
Donations
25,477.51
25,477.51
Total Recel ts
25,477.51
27,477.51
Pa
ments
Repayment of loan
Total Pa
ments
Excess/lDeflcltl of Recelpts over
Payment5 for the year before transfers
22,892.82
22,892.82
Transfers
Nll
Excess/lDefSc5tl of Recelpts over
Payments for the year
22,892.82
22,892.82
On Behalf of the Trustees
Trustee I
Trustee 2
nJ4 M,
St Katharine's Parish Church
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Statement of Assets and Liabilities as at 31st December 2023
Unrestricted
Funds
2023
Restrirted
Funds
2023
Endowment
Fund5
2023
Total
2023
Cash Funds
Current Accounts
11,775.23
7,576.24
8,063.48
15,639.72
19,351.47
8,063.48
27,414.95
Deposit Accounts
Total Cash Funds
11,775.23
Investment Assets
Equity Investments
Other Listed
Investments
Investments in RCB / CIT
Unit Trust5
Other unlisted
nvestments
Investment Properties
Total Investment Assets
Assets retalned for the
Parlsh's own use
Parish Centre
Glebe House
Fixtures and Fittings
Total Assets retalned
foi the Parlsh's own use
£Nil
£NII
£50
£50
On Behalf of the Trustees
Trustee I
Trustee 2
Si Katharine's Parish Church
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Notes to the financlal statements for the year ended 31st December 2023
Accounting policles
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 Liabilities
(a) Receipt5 and Payments Accounts
Ibl No. l & 2 Current Accounts
All items of income and expenditure included within the Receipts and Payments Account have been
accounted for on a cash receipts basis.
Transfers between accounts
There have been no transfers between accounts.
Icl Statement of Assets and Llabllltles
(l) Assets retalnedAor the Parlsh's own use
The assets of the Parish, retained for its own use comprise:_
Church Buildin8 and Graveyard
Parish Centre
Fixtures and fittings
The Church Building {and any Gravèyard) are deemed to be Heritage assets as defined by the Charities
SORP IFRS1021. These Herlta8e assets are not included in the statement of assets and liabilities as
information on the cost or valuation is not available and such information cannot be obtained at
cost commensurate with the benefit to the users of the accounts and to the parish.
The Parish Centre was built in 1938. 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 a55ets and liabilities.
Fixtures and Fittings are recognised at cost l£l,0001 and are deprÈciated on a straight line basi5 over a
period of 10 years. Fixtures and Fittings include churth hall tables, chairs, curtains etc
111 Investments
Not Applicable
St Katharine's Parish Church
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Notes to the financlal statements for the year ended 31st December 2023 Icontlnued)
Reconclliation of Cash Funds
No. I Current Account
Total Cash Funds at Beginning
of the year
Receipts for the Year
Payments for the Year
Total Cash Fund5 at end of the
year
46,912.68
41,754.80
69,316.01
19,351.47
No. 2 Current Account
Buildin85 Maintenance Fund
Total Cash Funds at Be8innin8
of the year
Receipts for the Year
Payments for the Year
Total Cash Funds at end of the
year
5,478.79
25,477.51
22,892.82
8,063.48
Movement In Funds
Atljan
2023
Incomlng
Resources
Out8olng
Resources
At 31 Dec
2023
Transfers
Endowment funds
Not Applicable
Restrlcted funds
Buildings Maintenance Fund
No. 01 Current Account
5,478.79
29,622.80
25,477.51
22.892.82
22,938.00
8,063.48
7,576.24
35,101.59
25,477.51
45,830.82
15,639.72
Unrestricted funds
No. 01 Current Account
17,289.88
41,754.80
46,378.01
11,775.23
17,289.88
41,754.80
64,351.54
11,775.23
Total funds
52,391.47
67,232.31
92,208.83
27,414.95
St Katharine's Parish Church
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Notes to the financial statements for the year ended 315t December 2023 (continued)
Pur
oses of Restricted Funds
No. I Current Account: There were amounts lodged within this account restricted for charitable purposes, and
magazine printing, all of which was expended. There were amounts lodged in previous years designated by
benefactors to be used for future clergy stipends, these were expended in 2023 for that purpose.
No, 2 Deposit Account - Buildings Maintenance Fund: This is a fund to assist with the cost of maintaining the
Church and buildings. All amounts lodged within thls account were desl8nated by benefactors to be used for the
up-keep and maintenance of the Church and buildings, 2023 expenditure included replacement of radiators in
the Church.
4. Collectlons for Thlrd Partles
2023
SAMS
Leprosy Mission
Tearfund
154.70
529.09
267.00
955,79
The above amount5 have been included in Receipts for the Year under Donations for Charities and in Payments
for the year under Charitable Donations.
5. Transactlons wlth the Trustees
No trustee or a person related to a trustee had any personal interest in any contract or transactlon entered
into by the charity during the year.
No trustee received any remuneration or reimbursement of expenses durlng the year.
6. Governance Costs
Governance costs were not incurred during the year.
St Katharine's Parish Church
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