**Charity number NIC102187**
## **St Elizabeth's Parish Church**
**Financial statements**
**for the year ended 31 December 2023**
## **St Elizabeth's Parish Church**
## **Church information**
**Select Vestry Members** Dr. Tomas Adell Rev. Tim Anderson Chairman Chris Caves Church Glebe Warden Dr. Thomas Dowling Trevor Hollinger Church Warden Keith Murray Peoples Glebe Warden Ruth Murray (Co-oped) Rev. Thomas Murray Jayne Poole Secretary Colin Sloan Lynn Logan Shane Caldwell Sarah Carson Family Minister **Church Administrator** Ruth Murray **Charity number** NIC102187 **Independent Examiners** MTS Prior McMahon 104-108 Frances Street Newtownards Co. Down BT23 7DY **Church address** Church Green Dundonald Belfast BT16 2LP **Bankers** Ulster Bank 1/2 Kings Square Kings Road Belfast BT5 7EA
**St Elizabeth's Parish Church**
## **Contents**
||**Page**|
|---|---|
|Statement of Select Vestry Responsibilities|**1**|
|Independent Examiners' Report|**2 - 3**|
|Statement of Financial Activities|**4 - 5**|
|Balance sheet|**6**|
|Cash flow statement|**7**|
|Notes to the financial statements|**8 - 24**|
**St Elizabeth's Parish Church**
## **Statement of Select Vestry's responsibilities for the year ended 31 December 2023**
The Select Vestry are responsible for preparing the Annual Report and the Financial Statements in accordance with applicable law and regulations.
Law applicable to Charities in Northern Ireland requires the Select Vestry to prepare financial statements for each financial period which give a true and fair view of the Church's financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the Select Vestry are required to:
(a) select suitable accounting policies and then apply them consistently;
(b) make judgements and estimates that are reasonable and prudent;
(c) state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
(d) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Church will continue it's activities.
The Select Vestry are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the Church and to enable them to ensure that the financial statements comply with the Charities Act (Northern Ireland) 2008. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the Church and to prevent and detect fraud and other irregularities.
By order of the Select Vestry
________________________________
**Chairperson**
**6 July 2023**
## **St Elizabeth's Parish Church**
## **Independent examiners' report to the members of St Elizabeth's Parish Church**
We report on the financial statements of St Elizabeth's Parish Church for the year ended 31 December 2023 which comprise the statement of financial activities, the balance sheet and the related notes. These financial statements have been prepared under the accounting policies set out therein.
## **Respective responsibilities of trustees and the examiner**
As described in the Statement of Select Vestry Responsibilities the Select Vestry are responsible for preparing the accounts in accordance with the Charities Act (Northern Ireland) 2008.
It is our responsibility to:
- (a) Examine the accounts under section 65 of the Charities Act
- (b) Follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the Charities Act
- (c) State whether particular matters have come to our attention.
## **Basis of independent examiners' report**
We have examined your charity accounts as required under section 65 of the Charities Act and our examination was carried out in accordance with the general Directions given by the Charities Commission for Northern Ireland under section 65(9)(b) of the Charities Act.
Our examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinsion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
Our role is to state whether any material matters have come to our attention giving us cause to believe:
1. That accounting records were not kept in accordance with section 63 of the Charities Act
2. That the accounts do not accord with those accounting records
3. That the accounts do not comply with the accounting requirements of the Charities Act
4. That there is further information needed for a proper understanding of the accounts to be reached.
## **St Elizabeth's Parish Church**
## **Independent examiners' report to the members of St Elizabeth's Parish Church continued**
## **Independent examiners' statement**
We have completed our 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, we have found no matters that require drawing to your attention.
_________________________________________________ **P Armstrong (FCA) MTS Prior McMahon Chartered Accountants 104-108 Frances Street Newtownards Co. Down BT23 7DY**
**6 July 2023**
## **St Elizabeth's Parish Church**
## **Statement of Financial Activities**
**(including income and expenditure account) for the year ended 31 December 2023**
|**2023**
**2023**
**2023**
**2023**
**2023**
**2023**
**Unrestricted**
**Restricted**
**Restricted**
**Restricted**
**Restricted Restricted**
**General**
**Mission**
**Graveyard**
**DCT**
**Property**
**Music**
**Fund**
**Fund**
**Maintenance**
**Curate Fund**
**Fund**
**Fund**
**Income from**
**Note**
**£**
**£**
**£**
**£**
**£**
**£**
**Income from other trading**
**activities**
- FWO
127,867
-
-
-
5,510
-
- Plate collections
2,511
356
-
-
-
-
- Graves and Weddings
1,565
-
-
-
-
-
- Use of halls
**2**
2,045
-
-
-
-
-
- RCB/Bonds
556
-
-
-
-
-
- Fundraising
**3**
44
-
-
-
-
-
- Trust income
-
-
-
35,627
-
-
- Bank Interest
-
-
-
-
101
-
- Sundry income
951
-
-
678
-
-
**Donations and Legacies**
- Gifts/ Legacies
26,885
-
-
-
-
-
- Donations
**3**
7,225
250
3,120
-
532
-
- Donations: events etc
**3**
2,627
-
-
-
-
-
**Income from charitable**
**activities**
- Gift aid reclaimed
30,907
-
-
1,775
1,263
-
**Total income**
203,183
606
3,120
38,080
7,406
-
**Expenditure on**|**2023**
**Total**
**Funds**
**£**
133,377
2,867
1,565
2,045
556
44
35,627
101
1,629
26,885
11,127
2,627
33,945
252,395|**2022**
**Total**
**Funds**
**£**
126,183
2,746
2,291
3,394
2,063
2,175
23,332
18
1,784
15,984
6,436
6,246
30,901|
|---|---|---|
|||223,553|
||||
**The notes on pages 8 to 24 form an integral part of these financial statements.**
**Page 4**
## **St Elizabeth's Parish Church**
|Charitable activities
**4**
Governance costs
**5**
**Total expenditure**
**Net income/(expenditure)**
Transfer of property
Transfers between funds
**Net results for year**
**Balance brought forward**
**at beginning of year**
**Balance carried forward at**
**the end of the year**|174,589
7,724
)
(182,313
20,870
7,849
28,719
)
(69,867
)
(41,148|491
-
)
(491
115
1,000
1,115
4,680
5,795|2,829
-
)
(2,829
291
-
291
6,381
6,672|44,231
-
)
(44,231
)
(6,151
6,151
-
-
-|-
86
)
(86
7,320
-
)
(15,000
)
(7,680
120,565
112,885|-
-
-
-
-
-
30
30|222,140
236,755
7,810
10,310
)
(229,950
)
(247,065
22,445
)
(23,512
-
-
-
-
22,445
)
(23,512
61,789
1,088,213
84,234
1,064,701|
|---|---|---|---|---|---|---|---|
The Church has no recognised gains or losses other than those included above and therefore no separate statement of total recognised gains and losses has been presented.
The income and expenditure amounts as stated above are derived solely from continuing operations.
**The notes on pages 8 to 24 form an integral part of these financial statements.**
**Page 5**
## **St Elizabeth's Parish Church**
## **Balance sheet**
|**as at 31 December 2023**
**2023**
**Notes**
**£**
**Fixed assets**
Tangible assets
**6**
3,376
Debtors
**7**
250
General Fund Bank Accounts
42,525
Property Fund Bank Accounts
42,847
85,622
**Creditors: amounts falling**
**due within one year**
**8**
)
(4,764
**Net current assets**
80,858
**Total assets less current**
**liabilities**
84,234
**Net assets**
84,234
**Capital and reserves**
Unrestricted funds
**12**
)
(41,148
Restricted funds
**13**
125,382
84,234|**2022**
**£**
300
12,475
50,529
63,304
)
(6,437|**£**
4,922
56,867
61,789
61,789
)
(69,867
131,656
61,789|
|---|---|---|
The financial statements were approved by the Select Vestry on and signed on its behalf by
________________________________ ________________________________ **Tim Anderson Jayne Poole Chairperson Secretary**
**The notes on pages 8 to 24 form an integral part of these financial statements.**
## **St Elizabeth's Parish Church**
## **Cash flow statement for the year ended 31 December 2023**
|**Notes**
**Net income/(expenditure) for the reporting period**
**(as per the SOFA)**
Depreciation charges
Decrease in debtors
(Decrease) in creditors
**Net cash (used in)/provided by operating activities**
**Cash flow statement**
**Net cash (used in)/provided by operating activities**
Capital expenditure
**10**
**(Decrease)/Decrease in cash in the year**
**(Decrease)/Decrease in cash in the year**
**Net funds at 1 January 2023**
**Net funds at 31 December 2023**
**11**|**2023**
**2022**
**£**
**£**
22,445
)
(1,026,424
3,655
3,636
50
-
)
(1,672
289
24,478
)
(1,022,499
24,478
)
(1,022,499
)
(2,110
1,002,912
22,368
)
(19,587
22,368
)
(19,587
63,004
82,591
85,372
63,004|
|---|---|
**St Elizabeth's Parish Church**
## **Notes to the financial statements**
## **for the year ended 31 December 2023**
## **1. Accounting policies**
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
## **1.1. Basis of preparation**
The financial statements have been prepared on a going concern basis in accordance with 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 (FRS 102) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
The Parish meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost and transaction value unless otherwise stated in the relevant accounting policy note(s).
## **1.2. Preparation of accounts on a going concern basis**
The Parish generally meets its day to day working capital requirements from its annual income. The Select Vestry have obtained and reviewed cashflow forecasts for the coming year and based on these are satisfied that the Parish has resources to provide a reasonable expectation that it can continue to meet its financial obligations as they fall due for the forseeable future. Therefore these financial statements have been prepared on a going concern basis.
## **1.3. Fund accounting**
Funds are classified as either restricted funds or unrestricted funds, defined as follows:
Unrestricted funds are general funds which are available for use at the discretion of the Vestry in furtherance of the general objectives of the Church and have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Church for particular purposes. The cost of raising and administering such funds are charged against funds raised.
**St Elizabeth's Parish Church**
## **Notes to the financial statements**
## **for the year ended 31 December 2023**
.................... continued
## **1.4. Incoming resources**
All incoming resources are included in the statement of financial activities when the church is legally entitled to the income and the amount can be quantified with reasonable accuracy. For legacies, entitlement is the earlier of the church being notified of an impending distribution or the legacy being received.
Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included at the value to the church where this can be quantified and a third party is bearing the cost. No amounts are included in the financial statements for services donated by volunteers.
Due to the nature of the donated income, such income is not capable of control by the Church. However, financial controls are in place to ensure accurate recording and safeguarding of all income received by the Church.
Investment income is recognised on a received basis.
## **1.5. Resources expended**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Costs of generating funds are those costs incurred in attracting voluntary income and those incurred in trading activities that raise funds.
Governance costs include those incurred in the governance of its assets and are primarily associated with constitutional and statutory requirements.
## **1.6. Tangible fixed assets and depreciation**
Equipment is recognised at cost, and are depreciated on a straight line basis over 5 years.
## **1.7. The Charity Commission for Northern Ireland**
St Elizabeth's Parish Church is now registered as a charity with the Charity Commission for Northern Ireland - registration number NIC 102187.
## **St Elizabeth's Parish Church**
## **Notes to the financial statements for the year ended 31 December 2023**
.................... continued
## **2. Use of halls**
|**Use of halls**|||
|---|---|---|
|**2023**
**2023**
**2023**
**2023**
**2023**
**2023**
**Unrestricted**
**Restricted**
**Restricted**
**Restricted Restricted Restricted**
**General**
**Mission**
**Graveyard**
**DCT**
**Property**
**Music**
**Fund**
**Fund**
**Maintenance**
**Curate Fund**
**Fund**
**Fund**
**£**
**£**
**£**
**£**
**£**
**£**
Glowfitt/Clubbercise
460
-
-
-
-
-
Badminton Club
-
-
-
-
-
-
Ladies Bowling Club
-
-
-
-
-
-
St Johns Ambulance
960
-
-
-
-
-
GAFCON Ireland
-
-
-
-
-
-
Crosslinks
-
-
-
-
-
-
Zumba
-
-
-
-
-
-
Cyriac FG
625
-
-
-
-
-
2,045
-
-
-
-
-|**2023**
**Total**
**£**
460
-
-
960
-
-
-
625
2,045|**2022**
**Total**
**£**
760
564
50
1,300
50
100
180
390|
|||3,394|
**Page 10**
## **St Elizabeth's Parish Church**
**Notes to the financial statements for the year ended 31 December 2023**
.................... continued
## **3. Donations**
|**2023**
**2023**
**2023**
**2023**
**2023**
**2023**
**Unrestricted**
**Restricted**
**Restricted**
**Restricted**
**Restricted Restricted**
**General**
**Mission**
**Graveyard**
**DCT**
**Property**
**Music**
**Fund**
**Fund**
**Maintenance Curate Fund**
**Fund**
**Fund**
**£**
**£**
**£**
**£**
**£**
**£**
General Donations
7,225
250
3,120
-
532
-
7,225
250
3,120
-
532
-
**Donations for events/training/books**
**2023**
**2023**
**2023**
**2023**
**2023**
**2023**
**Unrestricted**
**Restricted**
**Restricted**
**Restricted**
**Restricted Restricted**
**General**
**Mission**
**Graveyard**
**DCT**
**Property**
**Music**
**Fund**
**Fund**
**Maintenance Curate Fund**
**Fund**
**Fund**
**£**
**£**
**£**
**£**
**£**
**£**
Lunch Donations
169
-
-
-
-
-
Christmas lunch donations
395
-
-
-
-
-
Church weekend away
-
-
-
-
-
Theology Ireland
100
-
-
-
-
-
IMC
149
-
-
-
-
-
DBW
326
-
-
-
-
-
Training & Books
157
-
-
-
-
-
Youth outing
131
-
-
-
-
-
IWC
422|**2023**
**Total**
**£**
11,127
11,127
**2023**
**Total**
**£**
169
395
-
100
149
326
157
131
422|**2022**
**Total**
**£**
6,436|
|---|---|---|
|||6,436|
|||**2022**
**Total**
**£**
113
210
2,825
65
355
420
1,690
568
-|
**Page 11**
**St Elizabeth's Parish Church**
## **Notes to the financial statements for the year ended 31 December 2023**
.................... continued
|Concert
507
Ladies morning
67
Coffee morning
59
FG Breakfast
115
Dinner Gift
30
2,627
-
-
-
-
-
**Fundraising**
**2023**
**2023**
**2023**
**2023**
**2023**
**2023**
**Unrestricted**
**Restricted**
**Restricted**
**Restricted**
**Restricted Restricted**
**General**
**Mission**
**Link**
**DCT**
**Property**
**Music**
**Fund**
**Fund**
**Fund Curate Fund**
**Fund**
**Fund**
**£**
**£**
**£**
**£**
**£**
**£**
Easy fundraising.org
44
-
-
-
-
-
4 Peaks Challenge
-
-
-
-
-
-
44
-
-
-
-
-|507
67
59
115
30
2,627
**2023**
**Total**
**£**
44
-
44|-
-
-
-
-|
|---|---|---|
|||6,246|
|||**2022**
**Total**
**£**
51
2,124|
|||2,175|
Concert Ladies morning Coffee morning FG Breakfast Dinner Gift
## **Fundraising**
**Page 12**
## **St Elizabeth's Parish Church**
## **Notes to the financial statements for the year ended 31 December 2023**
.................... continued
## **4. Resources expended - charitable activities**
|**2023**
**2023**
**2023**
**2023**
**2023**
**2023**
**Note**
**Unrestricted**
**Restricted**
**Restricted**
**Restricted Restricted Restricted**
**General**
**Mission**
**Graveyard**
**DCT**
**Property**
**Music**
**Fund**
**Fund**
**Maintenance Curate Fund**
**Fund**
**Fund**
**£**
**£**
**£**
**£**
**£**
**£**
Salaries & pension
4.8
92,706
-
-
44,231
-
-
Diocese
15,142
-
-
-
-
-
Mission
4.1
18,890
491
-
-
-
-
Outreach
4.2
3,860
-
-
-
-
-
Advertising
-
-
-
-
-
-
Light & heat
4.3
8,154
-
-
-
-
-
Premises insurance
8,874
-
-
-
-
-
Travelling expenses
4.4
5,651
-
-
-
-
-
Printing & stationery 4.5
4,213
-
-
-
-
-
Maintenance
4.6
4,886
-
2,829
-
-
-
Catering
2,282
-
-
-
-
-
Miscellaneous
4.7
1,868
-
-
-
-
-
Ground rent
13
-
-
-
-
-
Rates
3,721
-
-
-
-
-
Telephone/internet
1,402
-
-
-
-
-
Computer & software
1,524
-
-
-
-
-
Licences
1,403
-
-
-
-
-
Room hire
-
-
-
-
-
-
174,589
491
2,829
44,231
-
-|**2023**
**Total**
**£**
136,937
15,142
19,381
3,860
-
8,154
8,874
5,651
4,213
7,715
2,282
1,868
13
3,721
1,402
1,524
1,403
-
222,140|**2022**
**Total**
**£**
156,288
15,362
17,973
4,040
360
12,184
4,556
4,317
3,460
7,552
1,488
3,540
26
2,308
900
1,070
1,331
-|
|---|---|---|
|||236,755|
**Page 13**
**St Elizabeth's Parish Church**
**Notes to the financial statements for the year ended 31 December 2023**
.................... continued
## **4.1. Resources expended - Mission**
|**2023**
**2023**
**2023**
**2023**
**2023**
**2023**
**Unrestricted**
**Restricted**
**Restricted**
**Restricted Restricted Restricted**
**General**
**Mission**
**Link**
**DCT**
**Property**
**Music**
**Fund**
**Fund**
**Fund**
**Curate Fund**
**Fund**
**Fund**
**£**
**£**
**£**
**£**
**£**
**£**
Christian Institute
875
-
-
-
-
-
Scripture Union
500
-
-
-
-
-
Crosslinks (J Martin/T Watson/J Hooker)
4,996
-
-
-
-
-
ICM
2,502
241
-
-
-
-
WEC Intern
2,004
-
-
-
-
-
Barnabas Fund
996
-
-
-
-
GAFCON
1,500
-
-
-
-
-
Crosslines (Project Timothy)
996
-
-
-
-
-
AID
668
-
-
-
-
-
Dundonald Foodbank
-
250
-
-
-
-
Inspector Smart
750
-
-
-
-
-
Clive West Memorial Trust
500
-
-
-
-
-
Intern Missions Jews
500
-
-
-
-
-
Communico Messianica
500
GYD
1,500
Bishops Appeal
103
-
-
-
-
-
18,890
491
-
-
-
-|**2023**
**Total**
**£**
875
500
4,996
2,743
2,004
996
1,500
996
668
250
750
500
500
500
1,500
103
19,381|**2022**
**Total**
**£**
125
750
5,317
2,502
2,004
996
2,000
996
996
1,037
750
500
-
-
-
-|
|---|---|---|
|||17,973|
**Page 14**
## **St Elizabeth's Parish Church**
## **Notes to the financial statements for the year ended 31 December 2023**
.................... continued
## **4.2. Resources expended - Outreach**
|**2023**
**2023**
**2023**
**2023**
**2023**
**2023**
**Unrestricted**
**Restricted**
**Restricted**
**Restricted Restricted Restricted**
**General**
**Mission**
**Link**
**DCT**
**Property**
**Music**
**Fund**
**Fund**
**Fund**
**Curate Fund**
**Fund**
**Fund**
**£**
**£**
**£**
**£**
**£**
£
DBW Advertising material
337
-
-
-
-
-
Summer Packs
393
-
-
-
-
-
Visiting preachers
1,155
-
-
-
-
-
Jubilee/Coronation events
168
-
-
-
-
-
Easter childrens outreach
-
-
-
-
-
-
Christmas leaflets, packs, selection boxes
807
-
-
-
-
-
M Tinker Concert
1,000
3,860
-
-
-
-
-|**2023**
**Total**
**£**
337
393
1,155
168
-
807
1,000
3,860|**2022**
**Total**
**£**
221
-
750
1,766
100
1,203
-|
|---|---|---|
|||4,040|
**Page 15**
## **St Elizabeth's Parish Church**
**Notes to the financial statements for the year ended 31 December 2023**
.................... continued
|**4.3.**|**Resources expended - Light & heat**|**Resources expended - Light & heat**|||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||**2023**||**2023**||**2023**||||**2023**|||**2023**|||**2023**||**2022**|
||||**Unrestricted**||**Restricted**||**Restricted**|||**Restricted **|||**Restricted**||||**Total**|||**Total**|
||||**General**||**Mission**|||**Link**|||**DCT**||**Property**||||||||
|||||**Fund**||**Fund**||**Fund **||**Curate Fund**||||**Fund**|||||||
|||||**£**||**£**|||**£**|||**£**|||**£**|||**£**||**£**|
||Electricity|||2,677||-|||-|||-|||-||2,677|||3,613|
||Gas|||3,639||-|||-|||-|||-||3,639|||6,595|
||Oil|||1,838||-|||-|||-|||-||1,838|||1,976|
|||||8,154||-|||-|||-|||-||8,154|||12,184|
|**4.4.**|**Resources expended - Travelling expenses**||||||||||||||||||||
|||**2023**||**2023**||**2023**||**2023**||**2023**|||**2023**|||**2023**|||**2022**||
||**Unrestricted**||**Restricted**||**Restricted**||**Restricted **||**Restricted **|||**Restricted**||||**Total**|||**Total**||
||**General**||**Mission**|||**Link**||**DCT**||**Property**|||**Music**||||||||
|||**Fund**||**Fund**||**Fund**|**Curate Fund**|||**Fund**|||**Fund**||||||||
|||**£**||**£**||**£**||**£**|||**£**|||**£**|||**£**|||**£**|
||Irish Youth Convention|126||-||-||-|||-|||-||126|||225||
||Church weekend|4,605||||||||||||||4,605|||3,608||
||Irish Mens Conference|470||-||-||-|||-|||-||470|||484||
||Irish Womens Conference|450||||||||||||||450||||-|
|||5,651||-||-||-|||-|||-||5,651|||4,317||
**Page 16**
## **St Elizabeth's Parish Church**
**Notes to the financial statements for the year ended 31 December 2023**
.................... continued
|**4.5.**
**Resources expended - Printing & stationery**
**2023**
**2023**
**2023**
**2023**
**2023**
**2023**
**Unrestricted**
**Restricted Restricted**
**Restricted Restricted Restricted**
**General**
**Mission**
**Link**
**DCT**
**Property**
**Music**
**Fund**
**Fund**
**Fund**
**Curate Fund**
**Fund**
**Fund**
**£**
**£**
**£**
**£**
**£**
**£**
Photocopier
2,399
-
-
-
-
-
Stationery
989
-
-
-
-
-
Postage
72
-
-
-
-
-
Books and resources
753
-
-
-
-
-
4,213
-
-
-
-
-|**2023**
**Total**
**£**
2,399
989
72
753
4,213|**2022**
**Total**
**£**
2,337
243
73
807|
|---|---|---|
|||3,460|
**Page 17**
## **St Elizabeth's Parish Church**
**Notes to the financial statements for the year ended 31 December 2023**
.................... continued
## **4.6. Resources expended - Repairs and Maintenance**
|**2023**
**2023**
**2023**
**2023**
**2023**
**2023**
**Unrestricted**
**Restricted**
**Restricted**
**Restricted Restricted Restricted**
**General**
**Mission**
**Graveyard**
**DCT**
**Property**
**Music**
**Fund**
**Fund**
**Fund**
**Curate Fund**
**Fund**
**Fund**
**£**
**£**
**£**
**£**
**£**
**£**
Alarm manintenance & repairs
1,326
-
-
-
-
-
General repairs and maintenance
946
-
2,829
-
-
-
Servicing boilers & repairs
484
-
-
-
-
-
Cleaning & supplies
1,298
-
-
-
-
-
Service of fire extinguishers
402
-
-
-
-
-
Lift maintenance contract
430
-
-
-
-
-
New water heater
-
-
-
-
-
-
Repairs to Mount Regan Avenue
-
-
-
-
-
-
Drains to path and resealing of guttering
-
-
-
-
-
-
Other
-
-
-
-
-
-
4,886
-
2,829
-
-
-|**2023**
**Total**
**£**
1,326
3,775
484
1,298
402
430
-
-
-
-
7,715|**2022**
**Total**
**£**
1,224
1,729
433
1,294
207
403
285
90
1,250
637|
|---|---|---|
|||7,552|
**Page 18**
## **St Elizabeth's Parish Church**
**Notes to the financial statements for the year ended 31 December 2023**
.................... continued
## **4.7. Resources expended - Miscellaneous**
|**2023**
**2023**
**2023**
**2023**
**2023**
**2023**
**Unrestricted**
**Restricted**
**Restricted**
**Restricted Restricted Restricted**
**General**
**Mission**
**Link**
**DCT**
**Property**
**Music**
Fund
**Fund**
**Fund**
**Curate Fund**
**Fund**
**Fund**
**£**
**£**
**£**
**£**
**£**
**£**
Communion wine/cups
412
-
-
-
-
-
Leaving gift J Beare
-
-
-
-
-
-
Developing Rectors Program
250
-
-
-
-
-
Youth outings
-
-
-
-
-
Flowers/Cakes/Gifts etc
233
-
-
-
-
-
Advent candles
89
-
-
-
-
-
Burial of remains
-
-
-
-
-
FWO Envelopes and books
175
-
-
-
-
-
Christmas Trees
& Items
165
-
-
-
-
-
Food and drinks
20
-
-
-
-
-
Gifts
-
-
-
-
-
-
Items for ABC ' Parent & Toddler' Group
374
Other
150
-
-
-
-
-
1,868
-
-
-
-
-|**2023**
**Total**
**£**
412
-
250
-
233
89
-
175
165
20
-
374
150
1,868|**2022**
**Total**
**£**
-
1,000
500
733
-
-
50
343
90
581
140
-
102|
|---|---|---|
|||3,539|
**Page 19**
**St Elizabeth's Parish Church**
**Notes to the financial statements for the year ended 31 December 2023**
.................... continued
## **4.8. Resources expended - Salaries & pension**
|**2023**
**2023**
**2023**
**2023**
**2023**
**Unrestricted**
**Restricted**
**Restricted**
**Restricted Restricted**
**General**
**Mission**
**DCT**
**Property**
**Music**
**Fund**
**Fund**
**Curate Fund**
**Fund**
**Fund**
**£**
**£**
**£**
**£**
£
Gross wages
80,351
-
35,785
-
-
Employers NIC
4,612
-
1,898
-
-
Employers pension costs
7,743
-
6,547
-
-
92,706
-
44,230
-
-|**2023**
**Total**
**£**
116,136
6,510
14,290
136,936|**2022**
**Total**
**£**
133,622
8,631
14,035|
|---|---|---|
|||156,288|
Included in the above figures are salaries to Trustees (Select Vestry members):
|**2023**
**2023**
**2023**
**2023**
**2023**
**Unrestricted**
**Restricted**
**Restricted**
**Restricted Restricted**
**General**
**Mission**
**DCT**
**Property**
**Music**
**Fund**
**Fund**
**Curate Fund**
**Fund**
**Fund**
**£**
**£**
**£**
**£**
£
Gross wages
51,404
-
-
-
-
Employers NIC
2,920
-
-
-
-
Employers pension costs
7,743
-
-
-
-
62,067
-
-
-
-|**2023**
**Total**
**£**
51,404
2,920
7,743
62,067|**2022**
**Total**
**£**
48,447
3,444
7,153|
|---|---|---|
|||59,044|
**Page 20**
**St Elizabeth's Parish Church**
**Notes to the financial statements for the year ended 31 December 2023**
.................... continued
There are no employees in receipt of employee benefits in excess of £60,000.
## **5. Governance costs**
|**2023**
**2023**
**2023**
**2023**
**2023**
**2023**
**Unrestricted**
**Restricted**
**Restricted**
**Restricted**
**Restricted Restricted**
**General**
**Mission**
**Link**
**DCT**
**Property**
**Music**
**Fund**
**Fund**
**Fund**
**Curate Fund**
**Fund**
**Fund**
**£**
**£**
**£**
**£**
**£**
**£**
Accountancy
3,130
-
-
-
-
-
Bank charges
607
-
-
-
86
-
Depreciation on equipment
3,656
-
-
-
-
-
Depreciation on church hall
-
-
-
-
-
-
Pension admin costs
331
-
-
-
-
-
Legal and professional
-
-
-
-
-
-
7,724
-
-
-
86
-|**2023**
**Total**
**£**
3,130
693
3,656
-
331
-|
|---|---|
||7,810|
**Page 21**
**St Elizabeth's Parish Church**
## **Notes to the financial statements**
## **for the year ended 31 December 2023**
|.................... continued
**6.**
**Tangible fixed assets**
**Equipment**
**Total**
**£**
**£**
**Cost**
At 1 January 2023
85,254
85,254
Additions at cost
2,110
2,110
At 31 December 2023
87,364
87,364
**Depreciation**
At 1 January 2023
80,333
80,333
Charge for the year
3,655
3,655
At 31 December 2023
83,988
83,988
**Net book values**
At 31 December 2023
3,376
3,376
At 31 December 2022
4,921
4,921
**7.**
**Debtors**
**2023**
**2022**
**£**
**£**
Prepayments and accrued income
250
300
**8.**
**Creditors: amounts falling due**
**2023**
**2022**
**within one year**
**£**
**£**
Trade creditors
566
995
Other creditors
1,078
82
Accruals and deferred income
3,120
5,360
4,764
6,437|.................... continued
**6.**
**Tangible fixed assets**
**Equipment**
**Total**
**£**
**£**
**Cost**
At 1 January 2023
85,254
85,254
Additions at cost
2,110
2,110
At 31 December 2023
87,364
87,364
**Depreciation**
At 1 January 2023
80,333
80,333
Charge for the year
3,655
3,655
At 31 December 2023
83,988
83,988
**Net book values**
At 31 December 2023
3,376
3,376
At 31 December 2022
4,921
4,921
**7.**
**Debtors**
**2023**
**2022**
**£**
**£**
Prepayments and accrued income
250
300
**8.**
**Creditors: amounts falling due**
**2023**
**2022**
**within one year**
**£**
**£**
Trade creditors
566
995
Other creditors
1,078
82
Accruals and deferred income
3,120
5,360
4,764
6,437|.................... continued
**6.**
**Tangible fixed assets**
**Equipment**
**Total**
**£**
**£**
**Cost**
At 1 January 2023
85,254
85,254
Additions at cost
2,110
2,110
At 31 December 2023
87,364
87,364
**Depreciation**
At 1 January 2023
80,333
80,333
Charge for the year
3,655
3,655
At 31 December 2023
83,988
83,988
**Net book values**
At 31 December 2023
3,376
3,376
At 31 December 2022
4,921
4,921
**7.**
**Debtors**
**2023**
**2022**
**£**
**£**
Prepayments and accrued income
250
300
**8.**
**Creditors: amounts falling due**
**2023**
**2022**
**within one year**
**£**
**£**
Trade creditors
566
995
Other creditors
1,078
82
Accruals and deferred income
3,120
5,360
4,764
6,437|
|---|---|---|
||||
|||6,437|
## **9. Related party transactions**
No related party transactions took place during the year.
**St Elizabeth's Parish Church**
## **Notes to the financial statements**
## **for the year ended 31 December 2023**
.................... continued
|**10.**|**Gross cash flows**|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||**2023**|||**2022**||||
||||||**£**|||**£**||||
||**Capital expenditure**|||||||||||
||Payments to acquire tangible assets||||)
(2,110|||)
(1||||
||Receipts from sales of tangible assets||||-|||1,002,912||||
||||||)
(2,110|||1,002,911||||
|**11.**|**Analysis of changes in net funds**|||||||||||
|||**Opening**|||**Cash**|||**Closing**||||
|||**balance**|||**flows**|||**balance**||||
||||**£**||**£**|||**£**||||
||Cash at bank and in hand||63,004||22,368|||85,372||||
||**Net funds**||63,004||22,368|||85,372||||
|**12.**|**Unrestricted funds**|||||||||||
||||||**2023**|||**2022**||||
|||||||**£**||||**£**||
||At start of year||||(69,867||)|(43,795|||)|
||Surplus/(Deficit) for the year||||20,870|||(18,429|||)|
||Transfer in from property fund||||15,000|||||-||
||Transfer to Mission Fund||||(1,000||)|(1,000|||)|
||Transfer to DCT Curate Fund||||(6,151||)|(6,643|||)|
||At end of year||||(41,148||)|(69,867|||)|
## **St Elizabeth's Parish Church**
## **Notes to the financial statements for the year ended 31 December 2023**
.................... continued
## **13. Restricted funds total**
|**2023**
**2023**
**2023**
**2023**
**2023**
**Restricted**
**Restricted**
**Restricted Restricted**
**Restricted**
**Mission**
**DCT**
**Property**
**Music**
**Graveyard**
**Fund**
**Curate Fund**
**Fund**
**Fund**
**Maintenance**
**£**
**£**
**£**
**£**
**£**
Total at start of year
4,680
-
120,565
30
6,381
Surplus/(Deficit) for the year
115
)
(6,151
7,320
-
291
Transfer of property
Funds transfer
1,000
6,151
)
(15,000
-
-
Total at end of year
5,795
-
112,885
30
6,672|**2023**
**2022**
**Total**
**Total**
**£**
**£**
131,656
1,132,008
1,575
)
(5,083
-
1,002,912
7,849
7,643
125,382
131,656|
|---|---|
**Page 24**