The Church of St. John the Baptlst, A8herton Parlsh, Portstewart
(PORTSTEWART/AghertonlSt. John the Baptist/Connor/Church of Ireland)
Annual report and financial ststements
For the year ended 31 December 2022
Registered Charlty Number. NIC 102532

The Church of St. John the Bapt15t, Agherton Parish, Portstewart
Annual report and financlal statements for the year ended 31 December 2022
Contents
Pages
Fleferences and administrative detai15
34
Trustees. annual report
Independent examiner's report to the Trustee5
Statement of financi31 activitie5
io
Balance Sheet
li
Notes to the financial statements
12-21

The Church of St John the Baptist. Agherton Parish, Portstewart
References and administrative details
Charity Name:
The Church of St John the Baptist. Agherton Parish. Portstewart
IPORTSTEWART/Agherton/St. John the Baptist/connor/Church of Ireland)
Charity Registration Number".
NIC 102532
Contact Address:
The Parish Office
19 Church Street
Portstewart
BT77 7AH
Trustees (Select Vestry)
Frank Dobbs. Rev. Malcolm Ferry. Wendy Floyd, Rosemary Peters Gallagher, Kim Gillan, Paul Girvan, Maureen Glover,
Alicean Handforth, Garry Huffington, John Lindsay. Heather Lockhart. Ross McLaughlin, David Moore, Danny Platt, Wilf
Rid8e, Rae Scott
Prlncipal Office bearers/parish team
Clergy:
Rertor- Rev. Malcolm R. K. Ferry
Diocesan Reader".
Brian Shaw
Parish Intern:
Rev Andrew Neill
Ministry Team:
Frank Dobbs (Outreach, Diocesan Reader), Brian Shaw (Diocesan Reader),
Rosemary Ridge (Parish Reader). Wendy Floyd IPastoral, Parish Reader).
Jacqui Clark (Sunday Surfers), Wilf Rid8e {Administration}
Honorary Secretary:
Honorary Treasurer:
Church Warden- Rector:
Church Warden- People:
Glebe Warden- Rector:
Glebe Warden- People:
Sacristan:
Parochial Nominators:
Supplemental Parochial
Nominators
Diocesan Synodspersons
Supplemental Diocesan
Synodspersons
Wendy Floyd. Noel Martin
Honorary FWO Recorders".
Heather Lockhart/Wilf Ridge/Rosemary Peters Gallagher
Honorary Gift Aid/Building Fund Recorder: Wilf Ridge
Maureen Glover
Rosemary Peters Gallagher
John Lindsav
Alison Huffin8ton
David Moore
Danny Platt
Diana Hall
Frank Oobbs, Wendy Floyd, Paul Girvan, Rae Scott
Kim Gillan, Rosemary Peters Gallagher, David Moore, Danny Platt,
Frank Dobbs, Maureen Glover

The Church of 5t John the Baptlst, Agherton PaTlsh, Portstewart
References and admlnlstrative details (Continued)
Parish Panel Isafeguarding Trust)".
Organi5t'.
Assistant Organist:
Parish Webmaster
Assistance with online services
Sexton:
Offlce Admlnistrator-
Rector, Vera Graham, Lorraine Gamble, Jacqui Clark
Loui5 Fields
Wilf Ridge
Garry Huffington
David Huffington, Natalie Taylor
Derek Scott
Leisa Duffy
Independent Emamlner
W G Martln FCA
Moore INI) LLP
Waterford House
32 Lodge Road
Coleralne BT52 INB
Banker5
Danske Bank
18 Ballymoney Road
Ballymena
eT43 58Y
41Page

The Church of St. John the Baptist. Agherton Parish, Portstewart
Truste* Annual Report for the year ended 31 December 2022
The trustees present the annual report and accounts forthe year ended 31 December 2022.
Objectives and Actlvities
The charitable purpose of the Church of Ireland 15 the advancement of religion.
The principal function of The Church of St John the Baptist, Agherton Parish is to support the advancement of the
Christian religion by promotin& through the work of the parish the whole mission of the Church, pastoral, evangelistic,
social and ecumenical,. being open to and engaging with society as a whole and offerlng support for those needing help
are fundamental to the prartical delivery of the benefits of Christianity.
As a result of activity in the pursuit of the adVan￿rnent of the Christian religion, The Church of St John the Baptist,
Agherton Parish has custody of property and of records, materials and artefacts of significance to the cultural and
religiou5 heritage and maintenance of whlch 15 undertaken by the select vestry of The Church of St John the Baptist,
Agherton Parish.
Achlevements, Performance & Public Benefit
As well as providing services of public worship and prayer, the Parish provides pastoral care, mi55ion and outreach work
and supports various parish groups, including Sunday Surfers, Mothers Union, Parent and Toddler Group• Knit & Natter,
Men's Societyi Gardening Club and Craft Club. These are all open to the general public and the various artivities are the
means by which Christian witness and outreach are delivered. Parish artivities provlde benefit to the benÈficiaries
benefits of public worship will include contributing to spiritual well-being of participants and the reinforcement of
Christian values. The select vestry have mitigated any potential harm from the artivities by implementing Safeguarding
Trust and we have child protection and fire safety policies in place.
Impart of Covid 19
Parish artivities started to return to normal as we emerged from the pandemic. Our onllne service5 are well recelved and
continue every week.
Unlock
We launched our Unlock initiative at Easter. Instigated by Rev Malcolm. this helped to restore a sense of fellowshlp as we
emerged from various lockdowns. Parishioners were able to enjoy a cup of coffee and a chat before the 11am Sunday
service. On several occasions we were joined by some motivational speakers.
Parlsh Statistics
Number of registered households in the Parlsh- 461
Registered vestry persons
137
We have outlined below some of the special initiatives and activities which we undertook during the past year:.
Harvest Appeal
Thank you to all those who contributed to the Harvest Appeal in October 2022. We were overwhelmed by the response.
The amount donated was £12.171. including gift aid. As outlined in the Harvest Appeal leaflet. the money raised will be
used to support the clergy and the people of the Diocese of Yei in South Sudan. The residue will be used to support the
people of Pakistan via the Bishop's Appeal.
51Page

The Church of St. John the Bapt15t, Agherton Parish. Port5tewart
Trustees, Annual Report for the year ended 31 December 2022 Icontinued)
Tru55ell Trust Foodbank
Whilst we were unable to collect and deliver food items to the Trussell Trust Food Bank, due to the pandemic, we have
again made a financial contrlbution of £500.
Publlc Beneflt
The Parlsh has glven careful consideration to the Charity Commission for Northef n Ireland's guidance on public benefit to
ensure that the actives entered into during the year have helped to achieve the Parish's objettlves and activities, as well
a5 providing public benefit.
Flnanclal Revlew
The Statement of Flnancial Actlvities ISOFAI show total net income, before losses on investments, of £14,21712021
£29,077). Losses on investments amounted to £18,10512021- Gain of £22.3761.
We reco8nlse our asset5 including the Rectory, the Curatage and the extension to the Church. As the church Itself15 a
heritage asset, it is not included on the balance Sheet as information on the cost or valuation 15 not available and svch
information canrsot be obtained at a cost commensurate with the benefit to the users of the accounts and to Ihe parish.
In addition, the Parish Centre was built in 1960 and there are no reliable records of the cost of thi5 construction/
acquisition and valuation approach for such a buildin8 lacks sufficient rellability. As a result, this buildlng Is not
recognised In the parlsh balance sheet.
Almost 60% of funds invested relate to endowments from parlshloners and whereby the capltal must be invested and
the Parish may only spend the income. A significant proportion of parish funds are restricted for 5peclfic purposes or tled
up in fixed assets, The Trustee5 contlnue to keep a tight control of costs.
Goln8 Concern
The Trustees have reviewed the budgets for the year ahead and are satlsfled that there are adequate fund5 In place to
ensure that the Parish can continue its activities and the financial statements for the year end 31 December 2021 can be
signed off as a going concern.
Structure, Governance and Management
Governlng Document ond Constltutlon of the Chorlty
Chapter111 of the Constitution of the Church of Ireland governs Parishe5 and Parochial Organisation. The Select Vestry
members are the Charity Trustees.
Recrultment ond Appointment 015elert Vestry
All 5ubscrlbing members of the Church of Ireland who are over the age of 18 and are either resident within the parish or
live elsewhere but have been accustomed members of the congregation for at le35t three months, may register as
member5 of the general vestry of the parlsh, allowing them to attend and vote at meetings of the general vestry and to
stand for election to the Select Vestry. Meetings of the general vestry are held at least once a year. The Select Vestry is
elected as part of this General Vestry meeting. The select Vestry will hold their position5 for a period of one year. Select
Vestry members may be re-elected annually and there is no limit on the number of terms which may be Served.
61P<igye

The Church of St. John the Baptist. Agherton Parish. Portstewart
Trusteeg Annual Report for the year ended 31 December 20221continued)
Pay and remuneration
The Rector is paid directly by the Parish and receives a stipend in accordance with figures approved by the General Synod
of the Church of Ireland together with office and locomotory allowances. None of the Trustees (Select Ve5tryl receive
any remuneration or claim any expenses from the Parish.
Organisational Strurture
The Select Vestry is responsible for the day to day management of the parish. The Select Vestry consists of the Rector,
the churchwardens, the glebe wardens and twelve other members of the general vestry elected at the General Vestry.
The Select Vestry 15 chaired by the Incumbent or other member of the clergy officiating in the parish. Select Vestry
members are responsible for making decisions on matters of 8eneral concern and Importance to the parish including
deciding how parish funds afe to be applied.
The Select Vestry meets at times fixed by the members usually 9110 times per annum. Special meetings may be
convened at any time by the chalrperson or the churchwardens. In 2022 the Select Vestry meet 10 times durin8 the year
and the average attendance was 85%.
Statement of Trustees, Responsibilltles
The trustees are responsible for preparlng theTrustee5' Report and the financial statements in accordance with
applicable law and regulations.
In preparing these financial statements, the trustees are required to:
select suitable accounting policies and then apply them ¢onsi5tently;
make judgments and estimates that are reasonable and prudent..
state whether the financial statements have been prepared in accordan￿ with applicable Accounting Standards and
identify the standard5 in questlon, subject to any material departures being disclosed and explained in the financial
5tatements- and
prepare the financial statements on the going concern basls unless it 15 inappropriate to presume that the Parish wlll
continue as a going concern.
The trustees are responsible for keeping accounting records that are sufficient to Show and explain the Parish's
transactions and disclose with reasonable accuracy at any time the financial position of the Parish and enable them to
ensure that the financial statements comply with the Charitie5 Art (Northern Ireland) 2008 and 2013, the Charity
(Accounts and Reports) Regulations (Northern Ireland) 2IY18 and the provision of the Constitution of the Church of
Ireland. They are also responsible for safeguarding the assets of the Parish and hence for taking reasonable Steps for the
prevention and detection of fraud and other irregularities.
statement as to dlsclosure to our Independent examiner
In so far as the trustees are aware at the timing of approving our trustees, annual report:
there is no relevant information of which the charitvs independent examiner Is unaware- and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant
information and to establish that the charitys independent examiner is aware of that information.
71Pag7e

The Church of St. John the Baptlst. A8herton Parlsh. Portstewart
Trustees. Annual Report for the year ended 31 December 2022 Icontinuedl
Independent Examlner
The examiner, W G Martin FCA, has indicated his willingness to continue in office, and a re501ution concerning his
reappolntment will be proposed at the Annual Easter Vestry Meeting.
On Behalf of the Trustees
Mrs M Glover, Honorary Secretary
9.fLP
Dr R Peters Gallagher, Honorary Treasurer
Date l 4February
2023

Independent Examlners Report to the Trustees of the Church of St John the Baptist, Agherton Parish, Portstewart
I report on the accounts of the charity for the year ended 31 December 2022, which are set out on pages 5 to 21.
Respertive responsibilities of trustees 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 15 my responsibility to-
examine the accounts under settion 65 of the Charities Art
follow the procedures laid down in the General Direttions given by the Charity Commission for Northern Ireland
under settion 65191 of the charities Act
state whether particular matters have come to my attention
Basis of Independent examinerf5 report
I have examined your charity accounts as requirÈd under sertion 65 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 section 65191
Ib) of the Charities Att.
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 induded a 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 corne to my attention givin8 me cause to belleve:
That actountin8 records were not kept in accordance with section 63 of the Charltles Act
That the accounts do not accord with those accountin8 records
3. That the accounts do not comply with the accounting requirements of the Charities Act
That there is no further information needed for a proper understandin8 of the accounts to be reached
Independent examinerfs statement
I have completed my examinatlon and have no con￿rnS in respect of the matters (l) to141 above and, in connection
with following the Direttions of the charity Commission for Norther Ireland, I have found no matters that require
drawing to your attention.
Name: Willian G Martin FCA
Professional qualification: Fellow of Chartered Accountants Ireland
Address: Waterford House, 32 Lodge Road, Coleraine, BT52 1 NB
Date:
Marth
2023

The Church of St. John the Baptlst. Agherton Parish, Portstewart
Statement of Financlal Actlvltles for the year ended 31 December 2022
Unrestrlcted
Funds
2022
Restrlcted
Funds
2022
Endowment
Funds
2022
Total
2022
Total
2021
Note
Income
Donations & legacies
Other trading activlties
Inveslments
172.788
13,373
4,572
28.421
201,209
13,373
8,824
200,700
9,563
8,479
4,252
Total Inc
190,733
28,421
4,252
223,406
218,742
Ex
endltur
Charltable actlvities
Other
Total Ex
151,298
10,114
161,412
47.652
125
47,777
198,950
10,239
209, 189
180,985
8,680
189,665
endltur
Net Income/(expendfturel before
transfers
29.321
119,356)
4.252
14,217
29,077
Transfers between funds
4,252
14.2521
Net Income before other reco8nlsed galns
and losses
33,573
119.356)
14,217
29,077
GalnllLossl on Investments
14,2901
113,8151
{18,1051
22,376
Net movement In funds
29,283
(19,3561
113,8151
13,8881
51,453
ReconclllatSon of funds:
Total funds brought forward
275,449
841,616
122,283
1,239,348
1,187,895
Total funds carrled forward
304,732
822,260
108,468
1,235,460
1,239,348
Ioll'a gie

The Church of St John the Baptist, Agherton Parish, Port5tewart
Statement of Financial Position / (Balance sheet) as at 31 December 2022
Note
2022
2021
Fixed Assets
Tangible Fixed Assets
Investments
Total fixed assets
io
li
923.728
181,209
1,104.937
926,672
199,314
1,125,986
Current Assets
Sundry debtors
Cash and cash equlvalents
Total current a55ets
12
2,123
171.013
173.136
22,812
138,388
161,200
Creditors- amounts falllng due wlthin one year
Bank Loans
Total creditors
16.3001
(6,300)
{6,300)
{6,3001
Net Current Assets
166.836
154,900
Credltors- amounts falling due after more than one year
Bank Loans
Total Net Assets
(36.313)
1,235,460
141,538)
1,239,348
The funds of the parish
Unrestrirted funds
General funds
14
304,732
275,449
Total Unrestrirted Funds
Restricted Funds
Endowment Funds
304.732
822,260
108,468
275.449
841,616
122,283
14
14
Total Charity Funds
1,235,460
1,239,348
The notes on pages 12 to 21 are an integral part of these financial Statements.
The financial statements on pages 5 to 21 were approved by the Board of Trustees (Select Vestry) on 14 February
2023 and signed on its behalf by-
Mrs Maureen Glover, Honorary Secretsry
9 f
Dr Rosemary Peters Galla8her,
onorary Treasurer
Date:
February 2023
IIIPage

The Church of St John the Baptlst. Agherton Parlsh. Portstewart
Notes to the financlal statements for the year ended 31 December 2022
l. Accountlng pollcles
The principal accountlng policies adopted, judgements and kry sources of estimation uncertainty in the prepar3tlon of
the financial statements are as follows-
al Basls of preparatlon
The financial statements have been prepared on a going concern basis in accordance with Accounting and Reporting by
Charities- Statement of Recommended Practice applicable to charities preparin8 their accounts in accordance with the
Financial Reporting standard applicable in the UK and Republic of Ireland IFRS 102) - (Charitie5 SORP IFRS 10211, the
Financlal Reporting Standard applicable in the UK and Republic of Ireland IFRS 102}.
The Parish meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initlally recognised at
hlstorical cost and transaction value unless otherwise stated in the relevant accountlll8 pollcy notel5).
b) Preparatlon of accounts on a golng concern basls
The Parish generally meets Its day to day Working capital requlrements from it5 annual income. The Trustees have
obtained and reviewed budget5 for the comlng year and based on these are 5atlsfied that the Parish has resources to
provide a reasonable expettation that it can continue to meet its financial obligations as they fall due for the foreseeable
future. Therefore, these financial statements have been prepared on a goln8 concern basis
cl Income
Plate Collections and freewill offerln8s are accounted for on a cash receipts basis as the amount is collected
Income arlsin8 from the rental of Parlsh Centre facilities to third parties 15 reco8nlsed when the par15h has entltlement to
the funds, any performance conditions attached to the income have been met, It is probable that the income wlll be
recelved and the amount can be measured rellably.
Income from government and other 8rants, whether 'capital' grants or 'revenue' grants, 15 recognised when the charlty
ha5 entitlement to the funds, any performance conditions attached to the grant5 have been met, it is probable that the
income will be recelved and the amount can be measured reliably and is not deferred.
Legacies are inc5uded within Income under either unrestricted or restricted funds according to the terms under which the
donation is made and when the amount can be quantified with reasonable certainty. Donations and gifts in kind are
brought into the accounts at their fair value to the Parish.
d} Expendlture
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, It Is
probable that settlement will be required and the amount of the obligation can be measured reliably.
Irrecoverable VAT 15 charged as a c05t against the activity for which the expenditure was incurred.
121Page

The Church of St John the Baptist, Agherton Parish. Portstewart
Note5 to the financial statements for the year ended 31 December 2022 (continued)
l. Accounting policies (continued)
e) Tangible assets
The assets of the Parish comprise:_
Church Building
Parish Centre
Rectory
Curatage
Fixtures and fitting5
The Church 8uildin8 is deemed to be a heritage asset as defined by the Charlties SORP IFRS102). This heritage asset 15 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 Centre was built in 1960. The￿ are no reliable records of the cost of thls constructlonl acqulsltion and
valuatlon approach for such a building lacks sufficient reliability. As a result, this buildin8 is not recognised in the parish
balance sheet.
The Rectory and Curatage are recognised at cost / deemed cost, bein8 the estimated fair value of the property at 31
December 2018. No depreciation has been provided on the Rettory or Curata8e as the current estimated residual value
is not less than its carrying value and the remaining useful life currently exceeds SO years.
Fixtures and Fittings are recognised at cost and are depreciated on a 5trai8ht-line basis over a perlod of 5 years.
The assets, residual values and useful lives are reviewed, and adjusted. rf appropriate, at the end of each reporting
perlod, The effect of any change is accounted for prospectlvely.
The Parish has set a minimum threshold of cost for an item to be consldered for capitalisatlon as a fixed asset- l.e. not
less than £1,000.
Tangible assets are derecognised on disposal or when no future economic benefits are expected. On disposal, the
difference between the new disposal proceeds and the carrying amount is reco8nised in the statement of financial
activities and included in 'Other operating Ilossesl/gains'.
fj Investments
Fixed asset investments comprising investments in M & G Charifund and investment in RCB and CIT Unit Trusts are
initially recorded at Cost and are then subsequently stated at fair value at each balance sheet date. Investments in
unquoted investments are recorded at cost and are assessed annually for impairment. Unrealised gains and losses
represent the difference between the fair value at the be8inning and end of the financial year or. if purchased in the
vear. the difference between cost and fair value at the end of the year. Realised gains and losses represent the
difference between the proceeds on disposal and the fair value at the start of the year or cost if purchased in the year.
Both realised and unrealised gains and losses in investments are reported within "Net Gains I ILossesl on Investments.
within the Statement of Financial Activities.
gl Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term highly liquid
investments with original maturities of three months or less and bank overdrafts. Bank overdrafts are shown within
Creditors: Amounts falling due within l year.

The Church of St John the Baptlst. A8herton Parlsh. Port5tewart
Notes to the flnanclal statements for the year ended 31 December 2022 (continued)
Accountln8 pollcles Icontlnued)
h) Flnanclal Instruments
The Parish only has financial assets and financlal liabilities of a kind that qualify a5 basic financial Instruments. Basic
financial in5trument5 are initlally recognised at transaction price and subsequently measured at their settlement value.
11 Fund5
Funds are classlfied as elther restrlcted funds, endowment funds or unrestricted funds, deflned a5 follows.
Restricted funds are funds subject to specific requlrements a5 to their use whlch may be declared by the donor or with
their authority or created through legal processes, but still within the wider objects of the Parish.
Endowrnent funds are funds whlch have been given on the condltion that the original capital sum is not reduced, but the
Income therefrom 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 di5cretlon of the trustees for a particular purpose, they are designated as a
separate fund. Thls deslgnation has an adminlstrative Purpose only and does not legally restrict the trustees, discretlon
to apply the fund.
l) Retlrement Beneflts
Payments to deflned contrlbution retlrernent benefit schemes are charged as an expense as they fall due.
2. Crltlcal accountln8 judgements and estlmatlon untertalnty
Estimates and judgments made In the process of preparin8 the financial statements are continually evaluated and are
based on hlstorical experlence and other factors, Including expectations of future events that are believed to be
reasonable under the circumstance5. The trustees do not consider that there are any crltital jud8ment5 made in applying
the Parlsh's accountin8 policies or that there are any critical accountin8 estimates or assumptions which may have a
significant risk of causing a material adjustment to carrying amounts of a55ets and liabilities withln the next financial
year.
141Page

The Church of St John the Baptist. Agherton Parish, Portstewart
Notes to the financial statements for the year ended 31 December 202Z (continued)
3. Donation5 and legacies
Unrestricted
Funds
Restritted
Fund5
Endowment
Funds
2022
Total
Total
2021
2022
2022
Plate Collections
Freewlll Offering5 Ire8ular & annuall
Tax recovered on Oonations
Donations- 8eneral
Donations- magazlne
Covid Grant- Oiocese of Connor
Speclal collertions- R8L
Harvest Appeal
Tax recovered on donatlons
EA Grant
Other
Insurance clalm
HMRC furlough grant
Grant from Prlorities Fund
Bequests
Craft Fair
sunday Surfers income
Malntenance 8rant
Crest of a Wave
Youth Club Income
Cholr
Men's Society
Llttle Surfers Income
3.136
114.098
25,627
3,136
124.558
27.968
3.563
55
1,510
346
1,311
113.980
28,285
4,210
1.352
10,460
2.341
55
LSIO
9,990
2,181
9,990
2,181
7.035
2.446
979
649
4,369
22.007
22,007
12.492
140
249
249
92
10,000
5.965
196
100
330
iio
330
iio
1,060
28,421
1,060
201,209
645
172,788
200,700
4. Other trading artivitie5
Unrestrlrted
Funds
Restrfcted Endowment
Funds
Funds
2022
Total
2022
Total
2021
2022
2022
Contrlbutions from users ot the Parish
Centre
Rent from Curatage
Other- magazine advertising
2,125
7,419
150
7.419
7.438
13,373
13.373
9,563
S. Investments
Unrestritted
Funds
Re51rirted Endowment
Funds
2022
Fund5
Total
Total
2021
2022
Investment Income
4,572
4,572
4,252
4.252
8.824
8.824
8.479
8.479

The Church of St John the Baptlst. Agherton Parish. Portstewart
Notes to the financial statements for the year ended 31 December 2012 (contlnued)
Analysis of Expendlture
Unrestricted
Fund5
Restrirted
Funds
Éndowment
Funds
2022
Total
Z022
Total
2021
2021
2022
Charftable Activltles
Wages and Salarles
Pension contrlbutlon5- der8y
PAYE/NIC
A551stlnglvi51tin8 clergy
Diocesan costslassessment
Church runnlng costs
Church repalrs
Rertory Tates
Rettory runnln8 cost5
Rectory repairs and refurbishment
Parlsh Centre tosts - heat and light
Parish Centre costs- repalrs
Charltable donatlons
Adminlstratlon costs
Sunday 5thool prlze5 etc.
Parlsh Nurse reoulsltes
Depreclatlon
Speclal collertion - RBL
Haivest Appeal - Wells In Uganda
Crest of a Wave
ChoSr expenses
Youth Club expenses
Parent Toddler expense5
Music scholarshlp
69.922
9,952
13,466
1,9Crf)
16,862
3,506
8.152
1.671
5.057
16.975
86,897
9,952
13.466
1,900
16,862
3,506
8,152
1,671
5,057
26,662
6,593
6,713
1,470
3.952
366
83,525
9,662
16,490
1,240
16,642
1,468
6,586
1,644
4,250
990
25,353
4.993
6,713
1,470
3.952
337
2,929
6,233
1,525
5,622
115
29
498
2,944
346
1,315
2.946
692
346
2.252
9,070
6,362
150
425
353
665
425
353
1,061
420
665
soo
500
198,950
750
151.298
47,652
180,995
Other Costs
Insurance
3.745
3,745
2,080
1,828
1,072
991
188
3,524
2,120
67
Onllne servlces
Sundrles
Bank Interest and tharges
Curatage- rates
Curatage- repalrs
Malntenance of webslte
Total Expendllure
1,703
1.072
991
125
785
1.195
989
335
335
161,412
47,777
209,189
189,675
No governance costs were incurred durlng the year and the Independent examiner acts on an honorary basis.
161Page

The Church of St John the Baptist. A8herton Parish. Port5tewart
Notes to the financial statements for the year ended 310ecember 2022 (continued)
7. Gain/lLoss) on Investments
202Z
2021
Unrealised gains/llossesl on Investment5
118,1051
118,1051
22,376
22,376
8. Taxatlon
The Church is recognised as a charity for the purposes of applicable taxation legislation and is therefore not subject to
taxation on its charitable activities.
9. Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel
Employee$
2022
2021
Salarles and wages
Notional Insuran￿ costs
Penslon contributions
Total
86,897
13.466
9,952
110.315
83,525
16,490
9,662
109,677
The avera8e number of employees durin8 the year, calculated on the basls of a head count, was as follows:
2022
Number
2021
Number
Minlsterial 5UPPOrt
Admlnistratlon
Music staff
Premises maintenance
Nurses
Key Management and Trustees
Key management are deemed to comprise the Trustees. The parish paid expenses of £5,05712021- £4,250} relating to
the running costs and £26,66212021- £9901 relating to repairs and refurbishments to the glebe house which is occupied
by the Rector.
No trustee. apart from the Rector, received any remuneration or reimbursement of expenses durin8 the year.
No trustee or a person related to a trustee had any personal interest in any contract or transaction entered into by the
charity during the year.
171Page

The Church of St John the Baptlst. Agherton Parlsh, Portstewart
Note5 to the flnanclal statements for the year ended 31 December 2012 (contlnuedl
10.Tanglble flxed assets
Flxtures,
Htting5 and
Equlpment
Buildings
Total
C05t
At beglnnln8 of the year
Additlon5
916,971
14.729
931,700
Dlsposals
At end of the year
916,971
14,729
931,700
Depreclatlon
At beglnnln8 of the year
Depreclatlon
DIsp05als
At end of the year
5.028
2,944
5,028
7,972
7,972
Net book value at beglnnlng of the year
Net book value at end of the year
916,971
916,971
9,701
6,757
926,672
923,728
11. Investments
Usted
Investments
Other
Investment5
Total
Balance at be8lnnln8 of the year
Addltlons durlng the year
Disposals durln8 the year
Fair Value 8aln/llos51 on Investments
ealance at end of the year
199,314
199,314
118,1051
181,209
118,1051
181,209
An•lysls of Investments
M & G Charlfund
Church of Ireland Trustees
Investments in RB Unlt Trust5
72.741
86,880
21,588
181,209
72.742
86,880
21,588
181,209
181Page

The Church of St John the Baptist. A8herton Parish. Portstewart
Notes to the financial statements for the year ended 31 December 2022 (continued)
12. Debtors
2022
2021
Sundry debtors - gift èid
Sundry debtOfS- Other
21.332
1,480
22.812
2,123
2.123
13. Financial instruments
The charity has the following financial instruments:
2022
2021
Loans and receivables held at amortlsed cost
Investments
Cash and cash equlvalents
Sundry Debtors
181,209
171,013
2,123
354,345
199,314
138,388
22.812
360,514
Financial Ilabilities measured at amortlsed cost
Bank loan5 and overdrafts
42,613
42.613
47,838
47,838
14. Analysis of Net Assets Amon8 Funds
General
DeSI￿ated Restrlcted
Endowment
Total
Flxed Assets
Investments
Current Assets
abilitles due within one year
Liabillties after more than one year
Net assets at 31 December 2022
150,QJ)
72.741
124.604
16,3001
136,3131
304.732
773.728
923,728
181,209
173,136
16,3001
136,3131
1.235,460
108,468
48,532
822,260
108,468
191 Pa

The Church of St John the Bapt15t, A8herton Parlsh. Port5tewart
Notes to the flnancial statements for the year ended 31 December 2022 {continued)
15, Funds of the Par15h
Atljan
At 31 Dec
2022
2022
Income
Expe￿dItUffÈ
Transfers
Endowment lunds
Bequests and legacies as set out at Note
16
122.283
4.252
113,8151
14,2521
108,468
122.283
4,252
113.8151
14.2521
108.468
Restrlrted funds
8ulldln8 Fund
Harvest Appeal
Sunday Surfers
Choir account
EA Grant
Malntenante grant
Men'5 Soclety
Uttle Surfers
Youth Club
821.977
6,975
836
L340
12.801
12,171
249
127,7301
16,9751
1291
14251
11,6001
iio,(mi
B07,048
12,171
1,056
1,245
330
1,6
10.0
iio
1,060
io)
iio
235
16651
13531
147,777
630
253
841.616
28.421
822,260
Unreslrlcled funds
General Fund
275.449
275,449
190,733
190.733
1165.7021
1165,7021
4,252
4,252
304,732
304,732
Total funds
1,239,348
223,406
1227.2941
1,235,460
20IPage

The Church of St John the Baptist, Agherton Parish. Portstewart
Note5 to the financial statements for the year ended 31 December 2022 {continued)
16. Income amounting to £8,094 was received in respert of bequests invested from the following:"
1819
1884
1903
1915
1925
1930
M K O'Neill
S Hamilton
H T Gaussen
H J Robin50n
Miss H E Greaves
Mi$5 M K Chaine
Miss M J Mcmanus
Mrs E B Matchette
Mrs L Cooper
Mis5 A P Norris
WA Traill
Mr Crawford
1963
A E Doran
1966
Mi55 S M Elder
1973
Mrs A J Morrison
1974
Miss K A Nicholson
1976 J Millar
1979
J&MrsAEWade
1980
Mi$51 F Gilmore
Mrs R J Holmes
WJKee
Mrs M A Broomham
Miss l A Graham
F A Shawcro55
Mrs V M Mccavish
Mrs F E Wilson
Mi55 M Harris
1990
Mr5 M A R McKirgan
Miss N Walker
W J Spence
Mis5 J McKay
Mrs D G W Gilmore
Mrs A McBride
Miss A Arbuckle
M5 M H Hartford
Mrs G Wellwood
1998 Miss G E Smyth
Ms M F Murphy
2000 Mrs G Frizzell
Miss H A N Millar
2001 N C Collins
2002 G K England
Mrs E Brown
Miss K F Harvey and
Miss E Harvey
Mrs E M Hackett
W D Archibald
Mr & Mrs E Downey
Miss G Cooke
Mrs E Dunlop
Rev Canon J F Hawkins
E Ardill
Miss E Porterfield
2007
Prof. A Alcock
2011
A F White
2014
Mrs S Hay
2015 Miss A McBride
1993
1994
1996
1997
1931
1942
1959
2003
2005
1983
1984
1986
1988
17. Retirement benefit schemes
The Parish operatÈ5 a defined contribution scheme for all eligible employees. The assets of the fund are held separately
from those of the Parish in an independently administered fund. The Diocese operates a separate pension scheme for
the Rector. Contributions by the Parish are recorded as they are paid.
21 IPagie