Independent Examlner's Report to the Trustees of St. aements ParSsh Church
st
I report on the accounts of the charity for the year ended 31 December 2024 which are set in the
following pages.
Respectlve responslbllitles of trustees and examiner
As the charivs trustees are responsible for the preparation of the accounts in accordance with the
Charities Act (Northern Ireland) 2008.
It is my responsibility to:
l. Examine the accounts under section 65 of the Charities Act;
2. Followthe procedures laid down in the general directions given by the Charity Commission
for Northern Ireland under section 65{9){b} of the Charities Act; and
3. State whether particular matters have come to my attention.
Basls of Independent Examlners Report
I have examined your charity accounts as required under section 65 of the Charities Act and my
examination wa5 carried out in accordance with the general diTections given by the Charity
Commission for Northern Ireland under section 65(9)(b} of the Chartties Act.
My 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.
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 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 understsnding of the accounts to be
reached.
Independent Examiner's Statement
I have completed my examination and have no concerns in respect of the matters (l) to (4) listed
above and, in connection with following the directions of the Charities Commission for Northern
Ireland, I have found no matters that require drawing to your attention.
David Craig, BA Business & Finance
9 Ferndene Gardens
Dundonald
Befast
BT16 2EP
th
Date ."IO April 2025

St. Clements Parish Church
Notes to Financlal Statements (continued)
Year ended 31st December 2024
2 Donations & Legacies
Unrestricted
Funds
2024
Restricted
Funds
2024
Total
2024
Total
2023
Weekly Envelopes /
FWO & Collections
Donations & Gifts
Other
32,193
7,226
32,193
7,226
30,405
5,019
120
39,419
39.419
35.544
3 Charitable Artivities
Unrestricted
Funds
2024
Restrlcted
Funds
2024
Total
2024
Total
2023
Fundraising
Grants
2,251
1,702
3.953
2,032
2,200
3,131
1.702
4,833
4,232
4 Investment Income
Unrestricted
Funds
2024
Restricted
Funds
2024
Total
2024
Total
2023
Bank Interest
Dividend Income
312
1,786
312
1,786
391
1,762
2,098
2,098
2,153

St. Clements Parish Church
Notes to Flnanclal Statements (continuedl
Year ended 31st December 2024
5 Other Income
Unrestrfrted
Funds
2024
Restrirted
Funds
2024
Total
2024
Total
2023
Rental Income
Use of Halls- Oasis
Refunds
13,694
2,903
477
13,694
2,903
477
15,447
1.979
17,074
17.074
17.426
6 Analysis of Expenditure
Unrestricted
Funds
2024
Restricted
Funds
2024
Total
2024
Total
2023
Charitable Attivities
Clergy Stipend
Outreach Worker
Diocesan Assessment
Professional Fees
New Boiler for Rectory
Repairs & Maintenance
Rates & Water Charges
Heat & Light
Insurance
Repayment of Grant to RCB
Charitable Donations
Mission / Outreach
Independent Examiners Fees
Other Expenses
37,273
12.582
1,097
983
37,273
12,582
1,097
983
35,649
10,234
4,301
1,043
3,420
2,697
7,453
2,834
3,420
2,697
7.453
2,834
5,938
2,587
8,895
2,648
1,702
1,702
768
432
2,766
371
1,230
3,039
3,039
72,146
1,702
73,848
76,094
7 Taxation
St. Clements Church is recognised as a charity for the purpose of applicable
taxation legislation and is therefore not sibject to taxation on its charitable
activities.

St. Clements Parish Church
Notes to Financial Statements (continued)
Year ended 31st December 2024
8 Analysis of Staff Costs, Trustee remuneration and expenses, and the cost of
key Management personnel.
2024
2023
Stipend and Salaries
49.855
45,884
49,855
45,884
The average number of employeess during the year, calculated on the basis of
a head count, was as follows,
2024
Number
2023
Number
Ministerial Staff
Outreach Worker{Part-fime)
Administrative(Part-Time)
There are no employees in receipt of employee benefits in excess of £60,000
Key Management and Trustees
Key Management are deemed to comprise the Trustees
The Parish has paid a total of £32,256 (last year - £30,851) to the Diocese of
Down & Dromore as its share of the costs of a local ordained Minister.
During 2024, the Outreach Worker and Administrative Staff total salary costs
were £ 12,582. The previous year was £10,234.
No Trustees or a person related to a Trustee had any personnel interest in
any contratt or transaction entered into by the charity during the year.

St. Clements Parish Church
Notes to Financial Statements (continued
Year ended 31st December 2024
9 Tangible Fixed Assets
Offlce
Equip.
Buildings
Total
Cost
as at 1st January 2024
420,000
420,000
Revaluation
Additions
Disposals
as at 31st December 2024
420,000
420,000
The cost of the rectory is stated at its deemed market value. The
Trustees have revalued the rectory premises having taken into account
the local market property values.
As 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.
10 Analysis of Net Assets Among Funds
Generdl
Restrirted
Total
Fixed Assets
Current Assets
420,000
420,000
83.346
83,346
Net assets at 31st Dec 2024
83,346
420,000
503,346

St Clement's Parlsh Church
Statement of Flnandal Actlvities
Year End 31st De￿mber 2024
Unrestrlcted Restrlcted
Funds
Funds
2024
2024
Totsi
2024
Total
2023
Note
Income & Endowments from:
Donations & Legacies
Charitable Activities
Investments
Other Income
39,419
3,131
2,098
17,074
39,419
4,833
2,098
17,074
35.544
4,232
2.152
17,426
1,702
Income & Endowments
61.722
1.702
63,424
59,354
Expenditure on:
Charitable Activities
72,146
1,702
73,848
76,095
Total Expendlture
72,146
1,702
73.848
76,095
Net Expenditure
10.424
10.424
16,741
Other Recognlsed Galns
Gain on revaluation of property
(Loss)/Gain on revaluation of
Investments
8,678
8,678
1,851
Net Movement In Funds
19.102
19.102
14,890
Reconciliation of Funds
Funds Brought Forward
83,346
420,(YJO
503,346
512,448
Total Funds Carrled Forward
83,346
420,000
503,346
497,558
All Income & Expenditure derive
from continuing activities

St. aement Parlsh Church
Balance Sheet
As at 31st December 2024
Notes
2024
2023
Fixed Assets
Tangible assets
420,000
420,000
Current assets
Investments with RCB
Cash at bank and in hand
54,849
28,497
83,346
63,527
28,921
92,448
Credltors
Amounts falling due within one year
Net Current Assets
83,346
92,448
Net Assets
503.346
512A48
Charlty Funds
Restricted Funds
Unrestricted Funds
10
io
420,000
83,346
420,000
92,448
Total Charity funds
503,346
512,448
These financial statements were appToved and authorised for issue by the Trustees on 10th April 2025
and signed on its behalf by:
Mr Wllllam Hamllton- Secretary
Rev. Colln 8lrnle- Minlster
The notes on pages 3 to 8 form an integral part of these financial statements

St. Clements Parlsh Churth
Notes to the flnandal statements
Year*nded 31" De￿rnber 2024
l. Summary of significant accounting policies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in
the preparation of the financial ststements are as follows;
A) General information and basis of preparation
St Clements Parish Church, is a charity and is part of the registered charity, 8elfasVBelfasVSt.
Clements/ St Clements/ Down & Dromore/Church of Ireland which registered with The Charity
th
Commission for Northern Ireland on 24 March 2015. The address of the registered office is
Templemore Avenue, Belfast BT5 4RF. The nature of the charivs operation and principal activities
are the advancement of religion.
Belfast/Belfast/St Clements/St Clements/Down & Dromore/ Church of Ireland, is a charitable trust is
th
constituted under a trust deed dated 24 March 2015.
Belfast/BelfasVSt Clements/St Clements/Down & Dromore/Church of Ireland constitutes a public
benef¢t entity as defined by FRS 102.
Statement of Com
liance
The financial statements have been prepared in accordance wtth Accounting and Reporting by
Charities: Statement of Recommended Practise applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and the Republic of
Ireland(FRS102), the Charities Act ( Northern Ireland) 2008, The Charities(Accounts and Reports)
Regulations (Northern Ireland) 2015 and UK Generally accepted Practise as it applies 2015.
The Financial statements have been prepared on the going concern basis under the historic cost
convention, modified to include certain items at fair value. The Financial ststements 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 ststements are set
out below. These polictes have been consistently applied to all years unless othefwise stated.
b} Preparation of accounts on a going concern basis
The Parish generally meets its day to day working capital requirements from its annual income. The
Trustees have obtsined and reviewed cash flow forecasts for the coming year and based on these
are satisfied that the Parish has resources to provide a reasonable expectstion that it can continue
tomeet its financial obligations as they fall due for the foreseeable future. Therefore, these financial
statements have been prepared on a going concern basis.

St Clements Parlsh Churth
Notes to the Flnandal Statements (contlnued)
Year ended 31" De￿mber 2024
c) Tangible assets
The assets of the Parish comprise:
> Church Building and Grounds
> Parish Halls
Rectory
The Church Building and Grounds are deemed to be Heritage assets as defined by the Charities Sorp
(FRS102). 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 attached to the Church building. As a result this building is not recognised in the
parish balance sheet.
The Rectory is recognised at its deemed market value. 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.
d) Funds
Funds are classified a5 either restricted funds or unrestricted funds, 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
objects 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 expendable 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 a separate fund. This designation has an administrative
purpose only and does not legally restrict the Trustees, discretion to apply the fund.

St Clements Parish Church
Notes to the Flnandal Statements {contlnued)
Year ended 31" December 2024
e) Critical accounting judgements and estimation and uncertainty
Estimates and judgments made in the process of preparing the financial statements are continually
evaluated and are based on historical experience and other factors, 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 applying the Parish's accounting policies or that there
are any critical accounting estimates or assumptions which may have a significant risk of causing
material adjustment to carrying amounts of assets and liabilities within the next financial year.