OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2020-12-31-accounts

Statement of Receipts and Payments and Assets and Liabilities

St Patrick’s Church of Ireland, Millisle

Charities Number: NIC 102379

Receipts and Payments Account for year ending 31st December 2020

Unrestricted Restricted Endowment Total Total
Funds Funds Funds
RECEIPTS 2020 2020 2020 2020 2019
Freewill Envelope and Plate collection 16677.7 0 0 16677.7 17312.80
Special Collections 975 0 0 975.0 1530.67
Proceeds from Fund Raising Events 0 42.00 0 42.0 8475.75
Donations for Specific Projects 0 1905.00 0 1905.0 1059.87
Donations for General Use 320.5 0 0 320.5 0
Gift Aid Refund 3699.08 0 0 3699.08 0
Bank Interest 22.84 0 0 22.84 43.38
Cancelled cheques written back 600 0 0 600 0
Refund from Christ Church for Rector's costs 0 0 0 0 220
Donations for Funeral Catering 0 0 0 0 0
Total Receipts 22295.12 1947.00 0 24242.12 28642.51
PAYMENTS
Clergy contribution to Christ Church Carrowdore 9459.87 0 0 9459.87 8214.82
Church Administration Costs 666.68 0 0 666.68 681.92
Insurance and Licences 1164.13 0 0 1164.13 1051.49
Bank Fees 127.88 0 0 127.88 140.38
Church Buildings & Grounds Running Costs 1913.95 0 0 1913.95 2583.87
Diocesan Costs 5003.14 0 0 5003.14 8788.51
Charitable Donations and Presentations 4600.00 0 0 4600.00 2594.01
Purchase of New Prefabricated Building 0 76838.62 0 76838.62 0
Total Payments 22935.65 76838.62 0 99774.27 23564.57
Excess of Receipts over Payments for the year -640.53 -74891.62 0 -75532.15 11120.09
before Transfers
Transfers 0 0 0 0 0
Excess of Receipts over Payments for the year -640.53 -74891.62 0 -75532.15 11120.09

On Behalf of the Trustees: On Behalf of the Trustees: Po / Trustee Trustee 1 ____ 1 C Trustee 2 ______ Trustee 2 G0 Sanh (A mame re, nA

Statement of Assets and Liabilities at year ending 31[st] December 2020

Unrestricted Restricted Endowment
Funds Funds Funds Total Total
2020 2020 2020 2020 2019
Cash Funds
Current Accounts 19130.20 11347.78 0 30477.98 106012.92
Deposit Accounts 2990.32 0 0 2990.32 2987.53
Total Cash Funds 22120.52 11347.78 0 33468.30 109000.45

Assets retained for the Parish's own use

Church Building Prefabricated building/church hall Fixtures & Fittings

Total Assets retained for the Parish's own use

On Behalf of Trustees:

----- Start of picture text -----
Trustee 1 Trustee 1 ___
C
Trustee 2 Trustee 2 ___ G0 Sanh (A
mame re, nA
----- End of picture text -----

Notes to the financial statements for the year ending 31[st] December 2020

1. Accounting policies

Set out below are the principal accounting policies which have been adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Liabilities

(a) Receipts and Payments Account

All items of income and expenditure included within the Receipts and Payments Account have been accounted for on a cash receipts basis. The parish spent a total of £76838.62 restricted funds for the purchase and installation of a prefabricated building, which is to be used as a church hall.

(b) Statement of Assets and Liabilities

Assets retained for the Parish’s own use

The assets of the Parish, retained for its own use comprise of :-

2. Reconciliation of Cash Funds

Total Cash Funds at beginning of the year £109000.45 Receipts for the year £24242.12 Payments for the year £99774.27 Total Cash Funds at the end of the year £33468.30

3. Transactions with the Trustees

The parish paid a total of £135.48 to two trustees as reimbursement for purchases of communion wine and items for Christmas celebration and church sale. Reimbursements were made as follows:

Cheques Issued from Current Account Amount Items No. 2762 £14.99 Communion Wine No. 2763 £40.00 Christmas Tree for Church Building No. 2767 £80.99 Christmas Resources for Church Sale