Glencraig Parish Church
Trustees Annual Report and Financial Statements
For the year ended 31" December 2023
Charity Number: NIC102368

Glencraig Parlsh Church
Charity Name:
Glencraig Parish Church
Charity Registration Number:
NIC102368
Contact Address:
6 Seahill Road, Holywood BT18 ODA
Trustees
Trustees
Rev Catherine Simpson
Christine Beale
Irene Davidson
Jame5 Douglas
lan Duncan
Tony Gregg
Philippa Hastings lend of term 28103123)
Hazel Johnston
Charlene Miller (appointed 281031231
David Mcllhagger
Clive Penton
Lauren Penton
Heather Pollock
lan Richardson
Mark Smyrl
Ann Southall lappointed 281031231
Violet Tregenna
Frank Williams
Principal Officer-bearers
Rector: Rev Catherlne Simpson
Honorary Treasurer.. Tony Gregg
Honorary Secretary.. Lauren Penton
Independent Auditor
Ken Craig
8 Glencraig Park
Holywood
Co Down
BT18 OBZ
Bankers
Ulster Bank Ltd
Belfast City 2 Office

Glencraig Parish Church
Trustees. Annual Report for the year ended 31 December 2023
The trustees present the annual report and accounts for Glencraig Parish Church forthe year ended 31 December 2023.
The trustees have adopted the provisions of the Statement of Recommended Practice1SORPI "Accounting and Reporting
by Charities" IFRS 1021 in preparing the annual report and financial statements of the charity.
The financi31 statements have been prepared in accordance with the accounting policies set out in the notes to the
financial statements and comply with the charit¢s governing documents. the Charities Act {Northern Ireland) 2008,The
Charities {Accounts and Reports) Regulations (Northern Ireland) 2015 and Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
reportin8 Standard applicable in the UK and Republic of Ireland ISORP 2015 IFRS 102),
Trustees of the Charity
The trustees who have served during the year and since the year end are shown on page 2.
Objectlves and Activitles
The charitable purpose of the Church of Ireland
The principal function of Glencraig Parish is to support the advancement of the Christian religion by promotin& through
the work of Glencraig Parish, the whole mlsslon of the Church, pastoral, evangelistic, social and ecumenical. Being open
to and engaging with society as a whole and offering support for those needing help are fundamental to the practical
delivery of the benefits of Christianity,
As a result of activity in the pursuit of the advancement of the Christian religion, Glencraig Parish has custody of property
and of records, materials and artefacts of significance to its cultural and religious heritage, the maintenance of which is
undertaken by the select vestry of Glencraig Parish.
Compllance wlth Publlc Beneflt
The Parish has given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefit to
ensure that the activities entered into during the year have helped to achieve the Parish's objectives and activities, as
well as providing public benefit.
Achlevements, Performance & Publlc Benefit
We have continued to face all the challenges of emerging from the Covid-19 global pandemic and its consequences as we
return to a more 5table/normal pattern of church life. This has meant that the Mission and Ministry of the Parish does
continue to be affected by the pandemic, as well as by the consequences of the war in Ukraine and the cost of fuel. We
continue to feel the impatt of the pandemic as we return toward normal, although this year was more usual as regards
our activities. Pastoral support has returned to pre-pandemic levels in terms of personal and home visits in person. All
church attivities have resumed a regular pattern.
In June 2022 the Select Vestry decided to invest into the future by appointing a Community Outreach Worker to assist
the parish as we sought to invite others back into the church hall and church services. HTG: Youth was launched in 2023
and HTG.'Kids moved to a weekly pattern. We have seen increases in children. youth and families in church each week.

Glencraig Parish Church
Trusteeg Annual Report for the year ended 31 December 2023 (continued)
During 2023 we continued to reinforce the focus on building community. This has been done in a variety of ways,
including hosting a number of community activities and outreach opportunities. In May 2023 we hosted a SOMA team
holding a Turning the Tide Mission. The team organised our first Kids Club in 21 years, which included a Community Fun
Evening, an Art competition for local schools in the church and a Stories of Hope Worship Event. In Autumn 2023 we
continued gathering community. this time through HaNest events, organ recitals, a Barn Dance and a Family Games
evening. Our Select Vestry Meetings, Bible study. Alpha and other ministries and Tots and Co (toddler Broupl have seen a
productive year, with increased participation, as have our bowlers. We launched Zumba and Pilates in the church hall
during 2023. Zumba has been 3 success and Pilates ended after 6 weeks.
During 2023 we re-established RE lessons in partnership with the Scripture Union and with visiting of School Assemblies.
The Rector and the Community Outreach Worker have been involved in clas5 lessons and school assemblies.
In the Autumn of 2023 we hosted a community gathering event- a Barn Dance and Family Games evening. At Christmas
we had a Nativity Festival and ended the year with a flurry of activities for the community, including Messy Christmas,
the Community Carol Services and hosting of local Schools Carol Services both in the church building here and in our
neighbouring parish as they have a larger church building.
The Rector continues to support the community pastorally, notjust local church members but the wider Seahill
community. She gives support to the bereaved and to those going through medical challenges or treatment, has walked
with those facing death and generally has been available to people as they navigated some of life's challenges through
the ongoing fall-out from the Global pandemic and its impact and that of world political instability on the economy.
We as a Parlsh belleve the local setting and the local people are a high priority and throughout 2023 we ran a variety of
community en8a8ement projetts aimed at providing encouragement, support and a place of safety where strong
relationships and friendships could be fostered and encoLsraged. Stop and Chat, which had started outside during the
Lockdown, became a weekly fixture, hosted by the Community Outreach Worker and a team. Together they developed
the aim of this Warm Space to be a safe place for people (funding was made available for this through the Mindmatters
RCB /COII aware of manyfacing mental health challenges in our community. This space is open for tea/coffee and chats
every Thursday morning and afternoon.
The major Christian festivals such as Easter, Harvest and Christmas are times when many people outside of our usual
Sunday attendees engage in our activities, We endeavour to share God's love to all and spend time together, offering
opportunities to meet and have fun tO8ether. We try to do this in 3 hybrid setting, whilst gently encouraging people to
return to regular weekly service. Regular correspondence continued to be sent and a concerted effort Wa5 made to
engage with children, young people and their families with a regular pattern of Children and family programmes each
Sunday.
Reachln8 Out
This has been achieved through Services, Pastoral Care on the telephone and in pastoral visits, letter writing, Christmas /
Easter Cards, invitations to Alpha, Parish Picnic, Stop and Chat, youth events, Bible study (Connect Together}, Praying
Together, Pastoral meetings, Stop & Chat, Tots & Co. Teddy Bears picnic and supporting North Down Storehouse.
Connections with Camphill Community, Rockport School and Glencraig Integrated Primary have been maintained. Over
the13st few years some global partnerships have been created including SAMS in Argentina as we support a Garden
project there and locally as we work and partner with Christians Against Poverty and Scripture Union Nl. The SOMA team
brought an international flavour to our week of outreach in the Summer of 2023. We as a parish have benefited from
these Ioc31 and global partnership5. In 2023 we continued to have significant footfall through the parish for Harvest.
Remembrance and Christmas with over 1000 people through the doors for these 3 significant times.

Glencraig Parlsh Church
Trustee< Annual Report for the year ended 31 December 2023 (continued)
Servlng
This year we served our local community in a variety of ways including two people seNing on the Board of Governors of
the local primary school. We hosted a Stop & Chat, Turning the Tide outreach. Community Fun Night and BBQ Christmas
and Easter Events/Services and a Coronation Organ recital and special service. There were Tots & Co and Christmas
Community events including Messy Christmas. The schools joined us for Harvest, Remembrance, St Patricks Day and
Carol Services. As 3 church we are there for people in their difficulties and tragedies as well as sharing their joys when
they bring children for baptisms or Se￿iceS of thanksgiving. when they are getting married or for the many life events
that people invite us to share.
It 2023 we consolidated the good work established in 2022 and created more links particularly with the Turning the Tide
Outreach Week. with a Fun Night and BBQfor the Community. Around 200 attended.
Dlsclpllng
Helping people to live well with Jesus at the centre of their lives Is at the heart of this local church and as such in 2023
new programmes have been established to encourage people to grow in faith and develop as followers of Jesus Chrlst.
Connect groups returned, focusing on discipleship. We ran an Alpha course for adults, and youth Alpha 35 well as
attending Diocesan events for Young people and childrens, events. We have been concentrating on mental health/the
Bible and how to be Resilient.
Our special events at major festivals in 2023 included St Patrick's Day. Lent, Holy Week and Easter. The Coronation,
Turning the Tide Community Outreach week, Harvest, Remembrance Day and a variety of Christmas events, including a
Community Carols service, Messy Christmas and a Family Carol Servlce.
Flnancial Revlew
During the year ended 31 December 2023, the Parish had total income of £90,86312022: £98,075). This figure included
£25012022.. £5,604) from donations and bequests. Total expenditure in the year was £116,55712022: £112,413).
The net expenditure forthe year was £25,69412022'. net expenditure of £14,338)
Reserves pollcy
The trustees in Autumn 2019 established a pollcy whereby the unrestricted funds not committed or invested in tangible
fixed assets held by the charity are needed to meet the working capital requirements of the charity and to enable the
charity to effectively manage any unforeseen risk or financial difficulties.
They also agreed to restritt legacies received to ensure that they would further the objectives of the charity.
At 31 December 2023 the balance of unrestricted funds is £75.761 and the balance of restricted funds is £666,088.
The trustees are satlsfied that the level of reserves is sufficient to continue the current activities of the charity. The
trustees will continue to review the reserves policy to ensure that the policy reflects the needs of the charity in a
changing environment.

Glencraig Parish Church
Trustees, Annual Report for the year ended 31 December 2023 (contlnued)
Plans for future perlods
We will continue to serve the community. in which we live. Our aim is to serve every age phase and stage of the
community sharing the love of Jesus with all. The role of Community Outreach Worker helped to build capacity in the
volunteers and create a team attitude for each ministry. This also enabled Stop & Chat, tea/coffee between services and
the gathering of people into opportunities for connection. It helped to build on school relationships and community
engagement opportunities by running parenting courses, continuing to grow Stop & Chat, continuing to expand13die5
gatherings monthly and adding in Mens gatherings in early 2024. We hope to continue to build on the good relationship
with CAP as we support our community. We aim to consolidate and grow our family and children ministry as we
reconnect and build on community relationships already established as well as creating new ones. We will continue to
develop outreach programmes, to parents/carers and preschool children, children and youth ministry.
Going forward, we will continue to reach out to those in need across the world.
Goln8 Concern
The trustees have reviewed the budgets for the year ahead and are satlsfied that there are adequate funds in place to
ensure that the Parish can continue its activities and that the financial statements for the year ending 31 December 2023
can be signed off as a going concern.
Governlng Document and Constltutlon of the Charlty
Chapter111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry
members are the Charity Trustees.
Recrultment and Appolntment of Select Vestry
All members of the Church of Ireland who are over the age of 18 and are either resident within the parish or live
elsewhere but have been accustomed member5 of the congregation for at least three months, may register as members
of the general vestry of the parish, allowing them to attend and vote at meetings of the general vestry and to stand for
election to the select vestry. Meetings of the general vestry are held at least once 3 year. The Select Vestry is eletted as
part of this General Vestry meeting. The Select Vestry will hold thelr positions for a perlod of one year. Select Vestry
members may be re-elerted annually and there is no limit on the number of terms which may be served.
Pay and remuneratlon
Arting in her role as Rector of Glencraig Parish Church, the Reverend Catherine Simpson receives a stipend and office and
locomotory allowance in accordance with figures approved by the General Synod of the Church of Ireland. No other
charity trustees receive any remuneration from Glencraig Parish Church.
Organisational Structure
The Select Vestry Is responsible for the day-to-day management of the parish. The Select Vestry consists of the clergy
serving in the parish, the churchwardens, the glebe wardens and generally not more than twelve other member5 of the
General Vestry elected at the General Vestry.
The Select Vestry, is chaired by the incumbent. The Select Vestry members are responsible for making decisions on
matters of general concern and importance to the parish including deciding how parish funds are to be applied.
The Select Vestry meets at times fixed by the members or by the diocesan synod. Special meetings may be convened at
any time bythe chairperson or the churchwardens.

Glencraig Parish Church
Trustees, Annual Report for the year ended 31 December 2023 Icontinued)
Statement of Trustees, Responsibllltles
The trustees are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Pratticel.
The law applicable to charities in the Northern Ireland requires the trustees to prepare financial statements for each
financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and
application of resources of the charity for that period. In preparing these financial statements, the trustee5 are required
to-
select suitable accounting policies and then apply them con5iStently-
observe the methods and principles in the Charities SORP IFRS 1021:
make judgments and estimates that are reasonable and prudent:
state whether applicable accounting standards have been followed, subject to any material departures disclosed
and explained in the financial statements,.
prepare the financial statements on the going concern basls unless it is inappropriate to presume that the Parish
will continue as a going concern.
Approved by the trustees on 111912
and signed on their behalf bv
Chairperson of the Select Vestry

INDEPENDE￿ EXAMINER'S REpoKf TO THE CHARITY TRUSTEES OF GLENCRAIG PARISH CHURCH
I report on the accounts of Glencraig Parish Church for the year ended 31" December 2023
RESPEcfivE RESPONSIBIUTIES OF CHARITY TRUSTEES AND EXAMINER
As the charitys trustees you are responsible for the preparation of the accounts in accordance with
the Charities Act {Northern Ireland) 2008.
It is my responsibility to:
Examine the accounts under section 65 of the Charities Act.
b. Follow the procedures laid down in the general directions given by the Commissioner under
section 65{9llbl of the Charities Act.
state whether particular matters have come to my attention.
BASIS OF INDEPENDE￿ EXAMINER'5 REPORT
I have examined your charity accounts as required under section 65 of the Charities Act and mv
examination was carried out in accordance with the general Directions given by the Charity
Commission for Northern Ireland under section 65191{bl of the Charities Act.
My examlnatlon included a review ofthe 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 such
matters.
My role is to state whether any material matters have come to my attention giving me cause to
believe:
l. That accounting records were not kept in accordance with section 63 of the Charities Att.
2. Thatthe accounts do not accord with those accounting records.
3. That the accounts do notcomply with the accounting requirements of the Charities Act.
4. That there is further information needed for a proper understsndin8 of the accounts to be
reached.
INDEPENDENT EXAMINER'S STATEMENT
I have completed my examination and have found no concerns in respect of the matters {11 to141
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.
SIGNATURE
Name: Ken Craig- Independent Examiner
Address: 8 Glencraig Park, Holywood. BT18 OBZ
Date: 271212024

Glencraig Parish Church
Statement of Flnanclal Activities
Year ended 31 December 2023
Unrestricted
Funds
2023
Restrirted
Funds
2023
Total
2023
Total
2022
Income and endowments from:
Donations & legacies
Charitable activities
Other income
Revaluation of assets
Investments
61,333
13,890
1,332
62,139
13,890
3,832
10.000
1,002
81,347
7,116
9,373
4a
4b
2,500
10,000
648
354
239
Total Income and endowments
76,909
13,954
90,863
98,075
Expenditure on:
Charitable activities
110,797
5,760
116,557
112,413
Total Expenditure
110,797
5,760
116,557
112,413
Net (Expendlture)/lncome
(33,888}
8,194
125,694)
114,3381
Recontlliatlon of funds:
Total funds brought forward
109,649
657,892
767,541
781,879
Total funds carrled forward
io
75,761
666,086
741,847
767,541
All income and expenditure derives from continuing activities.

Glencraig Parish Church
Balance Sheet
As at 31 December 2023
Note
2023
2022
Fixed Assets
Tangible assets
645,000
635,000
Current Assets
Investments with RCB
Cash at bank and in hand
21,088
75,761
96,849
20.440
116,651
137,091
Credltors: amounts fallln8 due wlthin one year
4,550
Net Current Assets
96.849
132.541
Net Assets
741,849
767.541
Charlty Funds
Restricted funds
Unrestricted funds
li
li
666.088
75,761
657,892
109,649
Total charlty funds
741,849
767,541
These financial statements were approved and authorised for issue by the Trustees on 1110312024 and signed on
Its behalf by'.-
Rev Catherine Simpson- R
rtor
Tony Gregg- Treasurer
The notes on pages 11 to 17 form an integral part of these financial statements.
10

Glencraig Parish Church
Notes to the flnanclal statements
Year ended 31 December 2023
l. Summary of significant accounting pollcles
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the
financial statements are as follows:
a) General informatlon and basis of preparation
Glencraig Parish Church, is a charity and is part of the registered charity, Holywood/GlencralglHoly
Trinity/Down & Dromorelchurch Of Ireland which registered with The Charity Commission for Northern Ireland
on 21" April 2015. The address of the registered office is 6 Seahill Road, Holywood, County Down, BT18 ODA. The
nature of the charivs operations and principal activities are the advancement of religion.
Holywood/Glencraig/Holy Trlnity/Down & Dromore/Church Of Ireland, a charitable trust is constituted under a
trust deed dated 21, April 2015.
Holywood/Glen¢ral81HolyTrlnity/Down & Dromore/Church Of Ireland constitutes a public benefit entity as defined
by FRS 102.
Statement of Com
liance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement
of Recommended Prartice applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 1021, the Financial Reporting Standard applicable in the
United Kingdom and Republic of Ireland IFRS 1021, the Charities Act INorthern Ireland) 2008. The Charities (Accounts
and Reports) Regulations (Northern Ireland) 2015 and UK Generally Accepted Practice as it applies from l January
2015.
The financial ststements have been prepared on the going concern basis under the historical cost convention,
modified to include certain items at fair value. The financial statements are presented in sterling which is the
functional currency of the charity and rounded to the nearest £1.
The significant accounting policies applied in the preparation of these financial statements are set out below. These
policies have been consistently applied to all years presented unless otherwise stated.
b) Preparatlon of accounts on a golng concern basls
Following the revaluation of assets the deficit of £35,692 in 2023 reduced to £25,692. At year end the Parish had cash
reserves of £75,761, and restricted reserves of £21,088 held by RCB for building work. The Trustees have reviewed the
budgets for the year ahead and are satisfied that there are sufficient funds in place to ensure that the Parish can
continue its attivities. The Trustees are looking into mitigation to redre55 the situation for the future.

Glencraig Parish Church
Notes to the financial statements (contlnued)
Year ended 31 December 2023
c) Income
Where incoming resources have related expenditure {as with fundraising income) the incoming resources and related
expenditure are reported gross in the Statement of Financial Activities.
Voluntary Income, Standing Orders, Plate Collections and Weekly Envelopes are accounted for on a cash receipts basis as
the amount is receivable.
Income arising from the rental of Parish Halls to third parties is recognised when the parish has entitlement to the funds,
any performance conditions attached to the income have been met, it is probable that the income will be received and the
amount can be measured reliably.
Income from government and othergrants, whether'capital, grants or'revenue, grants, is recognised when the charity has
entitlement to thefunds. any performance conditions attached to the grants have been met, it is probable thatthe income
will be received and the amount can be measured reliably and Is not deferred.
Legacies are Included within Income under either unrestricted or restrlcted funds according to the terms under which the
donation is made and when the amount can be quantified with reasonable ￿rtainty,
Donations and gifts in kind are brought into the accounts at their fair value to the Parish where this can be quantified. The
value of services provided by volunteers has not been included in these accounts.
Investment income is included when receivable.
d) Expendlture
Expenditure is recognised on an accrua15 basis once there is a legal or constructive obligation to make a payment to a third
party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was Incurred.
The charitycontributesto a defined contribution pension scheme on behalf of certain employees. The assets of the scheme
are held separately from those of the charity in an independently administered fund and contributions are charged to the
Statement of Financial Activities in the period to which they relate.
e) Tangible a$5ets
The assets of the Parish comprise:_
Church Building and Grounds
Parish Hall
Rectory
Car Park
The Church Building and Grounds are deemed to be Heritage assets as defined by the Charities SORP IFRS102). These
Heritage assets are not included on the balance sheet as information on the cost or valuation is not available and such
information cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the parish.
The Parish Hall is situated beside the Church building. As a result, thi5 building is not recognised in the parish balance sheet.
12

Glencrai8 Parish Church
Notes to the financial statements Icontinuedl
Year ended 31 December 2023
The Rectory is recognised at its deemed marketvalue. No depreciation has been provided on the properties as the current
estimated residual value is not less than its carrying value and the remaining useful life currently exceeds 50 years.
f) Funds
Funds are classified as either restricted fund5 or unrestricted fund5, defined as follows.
Restricted funds are funds subject to specific requirements as to their use which may be declared by the donor or with
their authority or created through legal processes, but still within the wider objerts of the Parish.
Endowment funds are funds which have been given on the condition that the original capital sum is not reduced, but the
income there from is used for the purpose defined in accordance with the objects of the Parish.
Unrestricted funds are expend3ble at the discretion of the trustees in furtherance of the objects of the charity. If parts of
the unrestricted funds are earmarked at the discretion of the trustees for a particular purpose, they are designated as
separate fund. This designation has an administrative purpose only and does not legally restrict the trustees, discretion to
apply the fund.
g} Crltlcal accountlng jud8ements and estimation uncertaSnty
Estimates and judgments made in the process of preparing the financial statements are continually evaluated and are
based on historical experience and other fattors. including expectations of future events that are believed to be
reasonable under the circumstances. The Trustees do not consider that there are any critical judgments made in applyin8
the Parish's accounting policies or that there are any critical accounting estimates or assumptions which may have a
significant risk of causing a material adjustment to carrying amounts of assets and liabilities within the next financial
year.
Donatlons and legaties
Unrestrlcted Restrlcted
Funds
Funds
2023
2023
Total
2023
Total
2022
Weekly envelopes / FWO & collections
Tax recovered on donations
Legacies
45,996
15,087
250
61,333
806
46,802
15,087
250
62,139
59,075
16,668
5,604
81,347
13

Glencraig Parish Church
Notes to the financial statements (continued)
Year ended 31 December 2023
Charitable activities
Unrestricted Restricted
Funds
Funds
2023
2023
Total
2023
Total
2022
Fundraising
Lunches & catering
Lenten & HaNest challenge
Parish organisations
4,149
4,149
6,858
8,255
1,486
13.890
8,255
258
7,116
13,890
4a Other income
Unrestricted
Funds
2023
Restrlcted
Funds
2023
Total
2023
Total
2022
Board of Education
RCB grants
TBF Thompson grant
1,332
1,332
2,663
4,210
2,500
9,373
2,51)0
2,500
1,332
3,832
4b Revaluatlon of assets
Unrestricted Restrlcted
Funds
Funds
2023
2023
Total
2023
Total
2022
Car Park
10,000
10,000
5. Investment Income
Unrestrirted
Funds
2023
Restricted
Funds
2023
Total
2023
Total
2022
Bank interest
Other interest- RCB
Dividend income
221
221
648
133
1,002
648
iio
129
239
133
354
648
14

Glencraig Parish Church
Notes to the financial statements (continued)
Year ended 31 December 2023
6. Analysis of Expendlture
Unrestricted
Funds
2023
Restrirted
Funds
2023
Total
2023
Total
2022
Charitable Artivities
Clergy stipend & salaries
Diocesan 355e5sment
Vicarage expen5e5
Heat. light & insurance
Church repairs & maintenance
Car park fence
Hall expenses
Coronaviru5 expenses
Ministry expenses
Administration expense5
Independent examiner's fee
Other accountancy fees
Other professional expenses
Bank fees & interest
Sundry expenses
Charitable donations
Garden of remembrance expenses
Lunches & catering
Parish organisation expenses
68,155
11,892
2,006
9.581
2.500
70,655
11,892
58869
11016
1956
8982
5594
3230
1922
715
897
6737
792
276
900
357
1876
7526
400
213
155
9.581
4,800
1,688
1,688
705
6,714
816
820
862
363
1,359
500
705
6,714
816
820
363
3.811
1,308
2,452
519
17
519
17
Total expendlture
110,797
5,760
116.557
112,413
Taxatlon
Glencraig Parish Church is recognised as a charity for the purposes of applicable taxation legislation and is therefore
not subject to taxation on its charitable activities.
15

Glencraig Parish Church
Notes to the flnancial statements Icontinued)
Year ended 31 De￿mber 2023
8. Analysis of staff costs, trustee remuneration and expenses. and the cost of key management personnel
2023
2022
Stipend and salaries
67.402
50,857
Total
70,655
50,857
The average number of employees during the year. calculated on the basi5 of a head count, Was as follows..
2023
Number
2022
Number
Ministerial staff
Outreach Worker
There are no employees in receipt of employee benefits in excess of £60,000
Key Monagement and Trustees
Key management are deemed to comprise the Trustees.
No trustee or a person related to a trustee had any personal interest in any contract or transaction entered into by the
charity during the year.
Tangible flxed assets
Office
Equipment
Buildlngs
Car Park
Total
Cost
At l January 2023
Additions
Disposals
At 31 December 2023
635,000
635,000
10,000
10,000
635,000
10,000
645,000
The cost of the rectory and the related grounds are stated at its deemed market value.
The cost of the car park 15 Stated at its deemed market value.
A5 noted in the accounting policies, the Church building and Parish Hall are deemed to be heritage assets and have not
been included in the balance sheet total.
16

Glencraig Parish Church
Notes to the financlal statements (continued)
Year ended 31 December 2023
10. Analysts of Net Assets Among Funds
General
Restrirted
Total
Fixed Assets
Current Assets
Net assets at 31 December 2023
645,000
21,088
666,088
645,000
96,849
741,849
75,761
75,761
11 Funds movement
l January
2023
31 December
2023
Income
Expendlture
Transfers
General fund
Building fund
Ministry & mission fund
Total unrestrlcted funds
45,027
26.035
38,587
109,649
76,910
{101,145}
20,792
26,035
28,934
75,761
19,6531
110,7981
76,910
General
RCB- Mind Matters
Ministry & mission fund
Property fund
Monies held with RCB
Total restrlcted funds
300
2,152
806
111061
12,1521
12,5001
2,SCIO
io,o(xJ
648
13.954
635,000
20,440
657,892
645,000
21,088
666,088
15,7581
Total funds
767,541
1116.556)
741,849
l January
2022
31 December
2022
Income
Expendlture
Transfers
General fund
Building fund
Ministry & mission fund
Total unrestricted funds
63,309
23,240
40.000
126,549
85,241
6,025
(103.703)
13.230)
11.413}
{108,346)
45,027
26,035
38,587
109,649
91,446
General
RCB- Mind Matters
Ministry & mission fund
Property fund
Monies held with RCB
1,519
2.500
2,500
11,2191
13481
12,5001
300
2,152
635,OC4J
20,330
635.000
20.440
657,892
iio
Total restricted funds
655,330
6,629
14,067)
Total funds
781,879
98,075
(112,413)
767.541
17