Newtownards/Carrowdore & Mlllisle/Christ Church, Carrowdore IDown & Dromore/church of Ireland Trustees. Annual Report and Statement of Income & Expendlture For the Year Ended 31, December 2023 Independent Examlner5 Report Charlty Number NIC102375
Inde endent Examiners Re ort to the Trustees of Christ Church Carrowdore Unqualified report fDr o charlty that is not a company and income of £250.000 or le$5 I report on the accounts of the Trust for the year ended 31 December 2023, which are Set out on the statement of income & expenditure. Respertive re5pon51bllltles ol the charlty trustee and examiner As the charit*s trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It Is my responsibillty to: Examlne the accoynt5 under s65 of the Charities Act Follow the procedures laid down In the general directions given by the Commission under s6519llbl cf the Charities Act State whether particular matters have come to my attention. Basls of Independent Examlnerfs Report I have examlned your charlty accounts as required under s65 of the Charitles Act and my examination was carried out in accordance wlth the general Direttions given by the Charity Commission for Northern Ireland under s6519llb} of the Charitie5 Art. My examination included a review of the accounting records kept by the chartty and a compari50n of the accounts presented with those records. It also included consideration of any unusual item5 or disc105ures in the accounts, and seeking explanations from you as charity trustee5 concernin8 any such matters. My role is to state whether any material matters have cr)me to my attention giving me cause to believe: That accounting record5 were not kept in accordance with s63 of the Charities Act That the account5 do not accord with those accounting record5 That the accounts do not comply with the accounting requirements of the Charlties Act That there is further information needed for a proper understanding of the accounts to be rÈached.
Independent Examlnerfs statement I have completed my examinatlon and have no concerns In re5pett of the matters 115ted above and, In connection with the following the Directions of the Charity Commlsslon for Northern Ireland, I have found no matters that need to be brought to your attention. Stanley Woods & Company Certlfied Accountants Alexander House 49151 Church Street Newtownards BT23 4AN Signed.. a/L F, th Date.. 11 March 2024
Expenditure 2023 2023 2022 2022 Rettor's Salary Rertor's Pension/Clergy Penslon Rector's Tax & NIC Rectorfs Office l rnileage Rettor's Rates Visiting Clergy 27,416.04 8,136.LKI 9.916.48 7,979.99 1,170.89 240.QO 23,936.19 7,464.00 9,398.26 7,353.42 0.00 50.00 54,859.40 48,201.87 Church Services Organist Electric & oll Rent rickets Young Prize 1,386.00 5,872.00 0.00 0.00 500.00 1,386.00 2,807.OD o.oo O.OD 500,00 E J_l. Charitable GlvlnE Messy Church Coach Printing Church Expenses 6,398.Q2 o.oo o.oo 0.00 2,772.96 3,707.60 0,00 0,00 0.00 1,386,24 16,928.98 9,786.84 Church & Grounds Insurances Repairs & Maintenance Rates & Water Equipment / office supplie5 Legal fees Mlscellaneou5 2,784.21 26,663.81 1,436.39 743.98 O.OD 2,571.38 26.704.29 2,373.99 999.96 0.00 0.00 0.00 31,628.39 32,649.62 DIOan Diocesan Exp, Fund Accountancy fees Licences & permlts Bishops Retirement Donation Bank fees 6.658.10 552.00 377,56 o.oo 144.80 6554,02 546.00 417.61 0.00 139.21 7,732.46 7,656.84 Total Expenditure Closing Bank Balance 111.149.23 132,183.34 98,295,17 138,151.88 243,332.57 236,447,05 Bank arUnt$. Danske Bank CA 20054217 Petty Cash 132,183.34 0,00 132.183.34 138,151,88 0.00 138,151.88 Prepared by.. St4fft¢y WooÉfs co. Alexander House 49/51 Church Street Newtownards BT23 4AN Ilth March 2024 j<141L¢ll 112LAJyk Is
Christ Church Carrowdore Income & Expenditure Report Year Ended 31st Decernber 2023 Income 2023 2023 2022 2022 Opening Bank Balan 138,151.88 147,216.07 Freewill Offerings Plate Offerlngs Glft Aid Investment Income Wedding Grants Recelved Glft Day Harvest Graves / Burial fees / Headstones Bank Interest Blshops Young Fund Milllsle contribution Fundraislng Donatlons Rectory fund Land Rent Sundry 42,853.50 616.77 7,299.85 9,487.61 loo.00 1,200.00 2,389.00 1,609,00 10,740,00 0.00 140,00 4,022.22 13,903.80 30.00 9,696,94 0.00 I,Q92.00 0.00 42.625.20 1.122.44 6,822,35 9,864,45 0.00 1,132.50 2,612.00 2,431.00 5,762.50 0.00 740.42 2.635.78 9,681.40 117.94 2,482,00 0,00 I,ooi,oo 200.00 Total Income 105,180.69 89,230.98 243,332.57 236,447.05 (ECio£ IcilA( -4fit"4Juét
Christ Church C•rrowdorB statement of Assets Year Ended 318t Oecèmbor 2023 Note Prop•rty Carrowdore Partsh Chuf Carrowd¢re P8ri¥h Church - Wobum Nall Carrowdore Parish Churth - Jgnnings Hall 15 Kilbrighl Road Carrowdore (Recloryl 2 Caste Meedows Drlve Carrowdore (Old Rectory) £2.199,370.44 £439,878.60 £115,725.77 £280,000.00 £150,000.00 £3 184 974.81 Invo#tmgntS Young Fund {Trusl}- Danske Bank Investment M&G Investments- Charifund CIT Invgstmgnt £212,300.00 £5,125.16 £51,308.26 £288 733.42 B•nk Accourrt• Dan8ko Bank A¢Unt £132,183.34 £132 183.34 Total A58•ts £3 585.891,57 Not• 1 Th• value of the churth bulldlngs ha been 8taled a8 Pgr the sum 888ured per Insuran pollcy provld•d by Al Ggllaghor Note 2 Th¥ Young Fund wa8 a b8quesl18fl under Tru81 Irom a l&t8 Partshgr M188 M Young The TN8t Is overneen by Professlon81 TNsto0s. Cleaver Fulton Rankln. solldlors The TTu81 lund18 8vall8ble to the Church for lh8 prnv181on of capllal projects and hon¢¢ they h8v8 bought and own tho ¢urrgnl Rectory and the prevlous rectory, The Church b8n8fi18 fmrn the Inv86trnent IncoTne producd by th8 Tru8t Fund and also the rrent rtni#l income provlded ihe leitlng oul of Ihe old r9dory. The valu0$ of the pr¢perli98 ar& doVed from the Capllal Valu8 pr88enled on the Annual R•l•8 81118 Note 3 Th18 Is an Invoslmenl held by th8 church in an investment fund suitabl? for ¢harftifr8, the Inv98tmenl Incom• from Ihis inveslmenl 1$ pald out lo th& thur¢h bank a¢¢ounl a$ Inve8tmonl Income Not• 4 This Carrowdore Parf5h allo¢lSon of the Church of Ireland Unlt Trusl of whSch aro fjnutlgd lo th8 dl8trfbulton8 tho Sncomg 1$ dlslribulgd to Ihg church b8nk acUnt annually Pr•parnd by: Paul Athlr Church Troa8urer