Statement of Receipts and Payments and Assets and Liabilities
St Patrick’s Church of Ireland, Millisle
Charities Number: NIC 102379
Year ending 31[st] December 2024
Receipts and Payments Account for year ending 31st December 2024
| RECEIPTS Freewill Envelope and Plate collection Special Collections Proceeds from Fund Raising Events Donations for Specific Projects Donations for General Use Gift Aid Refund Bank Interest Cancelled cheques written back Refund from Power NI & Bank Donations for Funeral Catering Total Receipts PAYMENTS Clergy contribution to Christ Church Carrowdore Church Administration Costs Insurance and Licences Bank Fees Church Buildings & Grounds Running Costs Diocesan Costs Charitable Donations and Presentations Total Payments Excess of Receipts over Payments for the year before Transfers Transfers Excess of Receipts over Payments for the year |
Unrestricted Funds Restricted Funds Endowment Funds 2024 2024 2024 22537.6 0 0 350 0 0 8348.4 0 0 0 0 2948 0 0 855.47 0 0 571.28 0 0 0 0 0 0 0 60 0 0 35670.75 0 0 11486.41 0 0 1032.38 0 0 1559.06 0 0 171.44 0 0 7664.66 0 0 4862.54 0 0 4418.34 0 0 31194.83 0 0 4475.92 0 0 0 0 0 4475.92 0 0 |
Total 2024 22537.6 350 8348.4 2948 855.47 571.28 60 35670.75 11486.41 1032.38 1559.06 171.44 7664.66 4862.54 4418.34 31194.83 4475.92 0 4475.92 |
2023 23697.41 1046.5 6545.48 1279.8 3284.61 379.44 0 780 37013.24 |
|---|---|---|---|
| 11123.86 600.90 1447.38 175.54 6009.58 4882.10 8145.06 32384.42 |
|||
| 4628.82 0 4628.82 |
On Behalf of Trustees:
Statement of Assets and Liabilities at year ending 31[st] December 2024
| Unrestricted | Restricted | Endowment | |||
|---|---|---|---|---|---|
| Funds | Funds | Funds | Total | Total | |
| 2024 | 2024 | 2024 | 2024 | 2023 | |
| Cash | |||||
| Funds | |||||
| Current Accounts | £43808.02 | £0 | £0 | £43808.02 | £39332.1 |
| Deposit Accounts | £0 | £0 | £0 | £0 | £0 |
| Total Cash Funds | £43808.02 | £0 | £0 | £43808.02 | £39332.1 |
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:
Notes to the financial statements for the year ending 31[st] December 2024
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.
(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 :-
-
Church Building
-
Fixtures and fittings
-
Prefabricated building/church hall
2. Reconciliation of Cash Funds
| Total Cash Funds at beginning of the year | £ 39332.1 |
|---|---|
| Receipts for the year | £ 35670.75 |
| Payments for the year | £ 31194.83 |
| Total Cash Funds at the end of the year | £ 43808.02 |
3. Transactions with the Trustees
The parish paid a total of £909.26 to one trustee as reimbursement for purchases of heating oil, repair materials and catering for parish events. Reimbursements were made as follows:
| Cheques Issued from | Current Account | Amount | Items |
|---|---|---|---|
| No. | 2978 | £557.08 | Heating oIl |
| No. | 2979 | £52.00 | Repair materials |
| No. | 2980 | £58.18 | Catering (Easter Breakfast) |
| No. | 3003 | £145.00 | Catering (Weekly Carboot Sale end of season lunch) |
| No. | 3006 | £97.00 | Catering (Funeral) |