Newtownardslcarrowdore & Millisle/Christ Church, Carrowdore /Down & Dromore/Church of Ireland Trustees, Annual Report and Statement of Income & Expenditure For the Year Ended 31" December 2024 Independent Examiners Report Charity Number NIC102375
Inde endent Examiners Re ort to the Trustees of Christ Church Carrowdore Unqualified report for a charity that is not a company and income of £250,000 or less I report on the accounts of the Trust for the year ended 31, December 2024, which are set out on the statement of income & expenditure. Respective responsibilities of the charity trustee and examiner As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act INorthern Ireland) 2008. It is my responsibility to.. Examine the accounts under s65 of the Charities Act Follow the procedures laid down in the general directions given by the Commission under $6519llbl of the Charities Act State whether particular matters have come to my attention. Basis of Independent Examiner's Report I have examined your charity accounts as required under s65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under 56519llbl of the Charities 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 Biving me cause to believe: That accounting records were not kept in accordance with $63 of the Charities Act That the accounts do not accord with those accounting records That the accounts do not comply with the accounting requirements of the Charities Act That there is further information needed for a proper understanding of the accounts to be reached.
Independent Examinerfs Statement I have completed my examination and have no concerns in respect of the matters listed above and, in connection with the following the Directions of the Charity Commission for Northern Ireland, I have found no matters that need to be brought to your attention. Stanley Woods & Company Certified Accountants Alexander House 49151 Church Street Newtownards BT23 4AN Signed.. tsc rh Date.. 20 February 2025
Christ Church Carrowdore Income & Expenditure Report Year Ended 31st December 2024 Income 2024 2024 2023 2023 Opening Bank Balance 132,183.34 138,151.88 Freewill Offerings Plate offering5 Gift Aid Investment Income Wedding Grants Received Gift Day Harvest Graves / Burial fees / Headstones Bank Interest Bishops Young Fund Millisle contribution Fundraising Donations Rectory fund Land Rent Sundry 41,722.85 580.06 6,616.96 9,829.27 0.00 0.00 2,894.00 1,555.00 7,960.00 0.00 0.00 1,633.92 12,107.88 580.50 9,374.17 0.00 1.144.00 0.00 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 1,092.00 0.00 Total Income 95,998.61 105,180.69 228,181.95 243,332.57 Lid I IZiAS4Qk L
Expenditure 2024 2024 2023 2023 Cler Rector's Salary Rector's Pension/Clergy Pension Rector's Tax & NIC Rector's Office / mileage Rector's Rates Visiting Clergy 30,621.44 7,681.68 7,077.08 7,854.00 1,228.01 300.00 27,416.04 8,136.00 9,916.48 7,979.99 1,170.89 240.00 54,762.21 54,859.40 Church Services Organist Electric & oil Rent Tickets Young Prize Charitable Giving Messy Church Coach Printing Church Expenses 1,386.00 5,001.85 0.00 0.00 1,386.00 5,872.00 0.00 0.00 0.00 7,262.77 605.41 0.00 0.00 2,461.35 500.00 6,398.02 0.00 0.00 0.00 2,772.96 16,717.38 16,928.98 Church & Grounds Insurances Repairs & Maintenance Rates & Water Equipment / office supplies Legal fees Miscellaneous 3,036.36 28,045.75 1,610.12 115.20 0.00 0.00 2,784.21 26,663.81 1,436.39 743.98 0.00 0.00 32,807.43 31,628.39 Diocesan Diocesan Exp. Fund Accountancy fees Licences & permits Bankfees 6,792.00 564.00 567.31 133.87 6,658.10 552.00 377.56 144.80 8,057.18 7,732.46 Total Expenditure Closing Bank Balance 112,344.20 115.837.75 111,149.23 132,183.34 228,181.95 243,332.57 Bank accounts: Danske Bank CA 20054217 Petty Cash 115,827.40 10.35 132,183.34 0.00 132,183.34 115,837.75 Prepared by.. Stanfy Wookn cg co. 20th February 2025 Alexander House 49151 Church Street Newtownards BT23 4AN y4iJ IlkAsy(ikQ
Chrfst Church CarrovAlor• 5tatem•nt of Assets Y•ar Ended 3tst December 2024 Ne Property Carrowdore Parish Church Carrowdore Parish Church- Woburn Hall Carrowdoie Parish Church- Jennin8s Hall 15 Kilbri8ht Road Carrowdore IRettoryl 2 Caste Meadows Drwe Carrowdore (Old ReOry) £2,831,255.49 £566,256.91 £181,841.13 £315,&.(#) £235.QJ).tX> £4.129,353.53 InTstMents Yourt8 Fund ITru5tl- Danskè Bank Investment M&G Investments- Charifund CIT Investment £209.401.CAJ £4,593.89 £56,251.80 £270.246.69 Bank Accounts Petty Cash Dan5ke Bank account £10.35 £115.827.40 £IIS.837.75 Total Assets £4.515.437.97 Note I The value ol the church buildin8s have been stated as per the sum a55ured per insurance policy provided by AJ Galla8her The Youn8 Fund was a bequest left underTfUSt from a late paflSher Miss M Youn8 The Trust is overseen by Professional Trustees, Cleaver Fulton Rankin, solicitors The Trust fund is avatlable to the Church for the provision of capital projects and hence they have bought and own the current Rectory and the previous rectory. The Church benefits from the investment intome produced by the Trust Fund and also the current rental income provided from the lettin8 Out of the old rettory. The values of the properties are derwed from the Zoopla This is an investment held by the church in an investment fund suitable for charities. the investment Income from this investment is poid out to the church bank account as investment Income Note 4 This Carrowdore Parish allocation of the Church of Ireland Unlt Trust of which we are entttled to the distributions the income is distributed to the church bank account annuallv Prepared by: Paul Adalr Chur¢h TreaSur 20 February 2025