OpenCharities

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

2024-12-31-annual-return

Charity Commission for NI Registration Number: NIC102541

Belfast/Belfast:Knock/St. Columba’s/Down&Dromore/Church of Ireland

Parish of Knock Columcile

Report and Financial Statements for the year ended 31st December 2024

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Belfast/Belfast:Knock/St. Columba’s/Down&Dromore/Church of Ireland Parish of Knock Columcile

Financial Statements for the year ended 31st December 2024

Contents
Page (s)
Charity Information 2
Trustees’ Report 3 - 4
Independent Examiner’s Report 5
Statement of Income and Expenditure 6
Statement of Assets and Liabilities (Balance Sheet) 7
Notes to the Financial Statements 8 - 15

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 1 of 15

Belfast/Belfast:Knock/St. Columba’s/Down&Dromore/Church of Ireland Parish of Knock Columcile

Financial Statements for the year ended 31st December 2024

Information

REFERENCE AND ADMINISTRATIVE INFORMATION

Charity Name Belfast/Belfast:Knock/St. Columba’s/Down&Dromore/Church of Ireland
Charity Registration Number NIC102541
Contact Address St Columba’s Parish Church
27 Kings Road
Knock
Belfast
BT5 6JG
Trustees Mr Brian Acheson
Mrs Rosemary Allister. . . . . . . . appointed 7th March 2024
Rev Canon John Auchmuty
Mr David Connery. . . . . . . . . . . . appointed 7th March 2024
Mr David Craig
Mr Victor Dukelow
Mr Andrew Hirst. . . . . . . . . . . . . resigned 7th March 2024
Mr David Kelly
Mr Ian Johnston
Mr John Kerr
Mr John Macpherson
Mrs Louise Mercer
Mr Martin Moore
Mr Nigel Morrow
Mr Scott Rutherford
Mrs Gillian Sadlier. . . . . . . . . . . . resigned 7th March 2024
Mr John Stevenson
Mr Jonathan Stewart. . . . . . . . . resigned 7th March 2024
Dr Richard Whiteside
Mr Mark Wilson. . . . . . . . . . . . . . appointed 7th March 2024
MANAGEMENT INFORMATION
Office Bearers Rev Canon John Auchmuty. . . . RECTOR
Mr John Macpherson. . . . . . . . . HONORARY SECRETARY
Mr Brian Acheson. . . . . . . . . . . . CHURCH TREASURER
Mrs Rosemary Allister. . . . . . . . RECTOR’S CHURCHWARDEN
Mrs David Connery. . . . . . . . . . . PEOPLE’S CHURCHWARDEN
Mr Ian Johnston. . . . . . . . . . . . . . RECTOR’S GLEBEWARDEN
Mr Mark Wilson. . . . . . . . . . . . . . PEOPLE’S GLEBEWARDEN
OTHER INFORMATION
Independent Examiner Diamond & Skillen Chartered Accountants
Sinclair House
89/101 Royal Avenue
Belfast
BT1 1FE
Bankers Allied Irish Banks (AIB Group (UK) plc)
11/15 Donegall Square North
Belfast
BT1 5GB

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 2 of 15

Belfast/Belfast:Knock/St. Columba’s/Down&Dromore/Church of Ireland Parish of Knock Columcile Financial Statements for the year ended 31st December 2024

Charity Trustees’ Annual Report for the year ended 31st December 2024

The Charity Trustees present the Annual Report and financial statements for St. Columba’s Parish Church, Knock for the year ended 31st December 2024.

Objectives and Activities

The charitable purpose of the Church of Ireland is the advancement of religion.

The principal function of St. Columba’s Parish Church, Knock is to support the advancement of the Christian religion by promoting, through its work, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. Being open to and engaging with society as a whole and offering support for those needing help are fundamental to the practical delivery of the benefits of Christianity.

As a result of activity in the pursuit of the advancement of the Christian religion, St. Columba’s Parish Church, Knock has custody of property and of records, materials and artefacts of significance to cultural and religious heritage. The maintenance of these is managed by the Select Vestry of the Parish.

Achievements, Performance & Public Benefit

The 2024 year has been one of great blessings for the parish with much enrichment for current and future generations. Throughout the year, St Columba’s Parish Church has continued to act as a beacon of hope and a bastion of faith. The Church is making a difference to people’s lives in the Parish, the surrounding area and more widely through prayer and donations by parishioners of time and money.

The generosity and faithfulness of our parishioners has continued unabated. The year-end accounts show that giving has held up and that the Parish remains in a strong financial position. Because of this generosity, the Parish continues to offer support to those in need locally and further afield through, for example, focused Mission and Charity donations.

The public benefit associated with St Columba’s activities has been enhanced and promoted by its constantly updated web presence [see http://www.stcolumbas.down.anglican.org] and its monthly Columban magazine which is available to all, both in hard copy - and online [see http://www. stcolumbas.down.anglican.org/whats on/ ].

The Church’s ministry to young people continues to be guided by the Church of Ireland safeguarding policies and procedures which can be found at https://www.ireland.anglican.org/about/safeguarding.

Financial Review

The Charity Trustees consider the financial results for the year to 31st December 2024 and the financial position at that date to be satisfactory.

The income into the Parish from various sources was £236,831 (2023: £251,999) with outgoings of £227,019 (2023: £326,062) giving a surplus of £9,812 (2023: deficit of £74,063).

Income to unrestricted funds amounted to £201,379 (2023: £171,178) and income to restricted funds amounted to £35,452 (2023: £80,821).

The value of the charity’s investment in M&G Charifund units increased from £68,880 on 1st January 2024 to £70,765 on 31st December 2024.

The bank and cash in hand balance as at 31st December 2024 was £168,118 (2023: £112,030).

The Trustees consider it appropriate to hold reserves up to the equivalent of one year’s running costs. As at 31st December 2024, the balance on the general (unrestricted) fund stands at £63,745. With the year’s unrestricted fund expenses totalling £201,440, the level of reserves is consistent with the trustees’ policy.

Going Concern

The Trustees have reviewed the budgets for the year ahead and are satisfied that there are adequate funds in place to ensure that the Parish can continue its activities and the financial statements for the year ended 31st December 2024 can be signed off as a going concern.

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 3 of 15

Belfast/Belfast:Knock/St. Columba’s/Down&Dromore/Church of Ireland Parish of Knock Columcile Financial Statements for the year ended 31st December 2024

Trustees’ Annual Report for the year ended 31st December 2024 (cont’d)

STRUCTURE GOVERNANCE AND MANAGEMENT

Governing Document and Constitution of the Charity

Chapter III of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry members are the Charity Trustees.

Recruitment and Appointment of Select Vestry (Trustees)

All 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 least three months, may register as members of the General Vestry of the Parish. That allows them to attend and vote at meetings of the General Vestry and to stand for election to the Select Vestry subject to a number of eligibility criteria which are in line with Charity Legislation and Northern Ireland Charity Commission guidelines. 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 positions 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.

Pay and Remuneration

Acting in his role as the Rector/incumbent of St. Columba’s Parish Church, the Rev Canon John Auchmuty receives a stipend and office and locomotory allowances in accordance with figures approved by the General Synod of the Church of Ireland. No other Charity Trustees receive any remuneration from St. Columba’s Parish Church.

Organisational Structure

The Select Vestry is responsible for the day to day management of the Parish. The Select Vestry consists of the member of the Clergy serving in the Parish (the incumbent), the Church wardens, the Glebe wardens and generally no more than twelve other members of the General Vestry elected at the annual meeting of the General Vestry.

The Selected Vestry is chaired by the incumbent. Select Vestry members are responsible for making decisions on matters of general concern and importance to the Parish including on deciding how Parish funds are to be applied.

The Select Vestry meets at times fixed by the members or by the Diocesan Synod. Special Meetings may be convened at any time by the Chairperson or the Church Wardens.

Compliance with Public Benefit

The Charity trustees have given careful consideration to the Charity Commission for Northern Ireland’s guidance on public benefit to ensure that the activities entered into during the year have helped to achieve the Parish’s objectives and activities, as well as providing public benefit.

Statement of Trustees’ Responsibilities

The Trustees are responsible for preparing the Charity Trustees’ Report and the financial statements in accordance with applicable law and regulations.

The Charity 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 assets and liabilities of the Parish. 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.

INDEPENDENT EXAMINERS

Diamond & Skillen Chartered Accountants were appointed as the charity’s independent examiners.

Signed on behalf of the Trustees by:

.................................................

Mr Victor Dukelow Trustee

Mr Brian Acheson Trustee, Hon Treasurer

Date: 27th March 2025

Diamond & Skillen

Page 4 of 15

Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Belfast/Belfast:Knock/St. Columba’s/Down&Dromore/Church of Ireland Parish of Knock Columcile

Financial Statements for the year ended 31st December 2024

Independent Examiner's Report to the Trustees of St. Columba’s Parish Church, Knock

I report on the financial statements of the charity for the year ended 31st December 2024, which are set out on pages 3 to 15.

Respective responsibilities of trustees and examiner

The Office Bearers are responsible for the preparation of the accounts. They consider that an audit is not required for this year under section 65(3) of the Charities Act (Northern Ireland) 2008. They also consider that an independent examiner's report is required for this year under section 65(4) of the Charities Act (Northern Ireland) 2008.

The charity’s gross income does not exceed £500,000 and I am qualified to undertake the examination by being a qualified member of The Institute of Chartered Accountants in Ireland.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

• examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008; and

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

The charity's gross income in the year was £236,831 (2023: £251,999).

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

• to keep accounting records in accordance with Charities Act (Northern Ireland) 2008; and

• to prepare accounts which accord with the accounting records, comply with the accounting requirements of Part 8 of the Charities Act (Northern Ireland) 2008 and, where applicable, section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Nigel V Skillen FCA

Diamond & Skillen Fellow of the Institute of Chartered Accountants in Ireland Sinclair House 89/101 Royal Avenue Belfast BT1 1FE

27th March 2025

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 5 of 15

Belfast/Belfast:Knock/St. Columba’s/Down&Dromore/Church of Ireland Parish of Knock Columcile Financial Statements for the year ended 31st December 2024

Statement of Income and Expenditure (Receipts and Payments Account) for the year ended 31st December 2024

Notes Totals
2023
£
Totals
2024
£
Endowment
funds
£
Restricted
funds
£
Unrestricted
Funds
£

Fund balances c/f at 31st December

Fund balances b/f at 1st January
Reconciliation of funds
Net movement in funds for the year
11
Increase/(decrease) in fair value of investments
9
Transfers between funds
Depreciation
Net (outgoings) / income for the year
Total expenditure
5

Other expenses
5

Legal and professional fees
on other items
5 / 5.1

Programme costs
5

General administration costs
5

Travel & training costs
5

Premises & insurance costs
5

Employee costs
on charitable activities
5

Fundraising expenses
on raising funds
PAYMENTS
Total income
4

Investment income
from investments
4

Other income
4

Gift Aid tax refunded
from other activities
4

Fundraising activities
4

Special collections
from charitable activities
4

Grants and Donations
from donations and legacies
RECEIPTS		 6,316
7,392
-
-
7,392
8,234
9,973
-
-
9,973
31,309
33,477
-
6,945
26,532
-
0
-
-
-
-
0
-
-
-
206,140
185,989
-
28,507
157,482
251,999
236,831
0
35,452
201,379
3,802
4,386
-
-
4,386
780
1,261
-
-
1,261
38,057
37,261
-
15,890
21,371
14,886
16,841
-
-
16,841
40
2,400
-
-
2,400
169,903
68,630
-
9,689
58,941
98,197
95,262
-
-
95,262
397
978
-
-
978
326,062
227,019
0
25,579
201,440
(1,657)
1,886
-
-
1,886
0
0
-
-
-
0
0
-
-
-
(74,063)
9,812
0
9,873
(61)
(75,720)
11,698
0
9,873
1,825
805,132
729,412
-
101,727
627,685
729,412
741,110
0
111,600
629,510

The statement of financial activities includes all gains and losses in the year. All income and expenditure derives from continuing activities. The notes on pages 8 to 15 form part of these financial statements.

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 6 of 15

Belfast/Belfast:Knock/St. Columba’s/Down&Dromore/Church of Ireland Parish of Knock Columcile Financial Statements for the year ended 31st December 2024

Statement of Assets and Liabilities (Balance Sheet) as at 31st December 2024

Notes 2023
£
2024
£
Total funds
Endowment Fund
Endowment funds:
17
Missions and Charities fund
17
Church roof fund
17
Hall refurbishment fund
17
Building fund
17
Special collections
Restricted income funds:
17
Asset holding fund (designated)
17
Investment holding fund (designated)
17
General funds
Unrestricted income funds:
THE FUNDS OF THE CHARITY
TOTAL ASSETS LESS CURRENT LIABILITIES
NET CURRENT ASSETS
14
PAYABLES: amounts falling due within one year
13

Cash and cash equivalents
12

Debtors
CURRENT ASSETS
11

Investments
INVESTMENTS
10

Tangible assets
NON CURRENT ASSETS		 495,000
495,000
495,000
495,000
68,880
70,765
68,880
70,765
112,030
168,118
58,502
9,827
(5,000)
(2,600)
170,532
177,945
165,532
175,345
729,412
741,110
-
-
-
523
32,483
32,483
4,749
15,533
64,425
62,991
70
70
495,000
495,000
68,880
70,765
63,805
63,745
729,412
741,110

The notes on pages 8 to 15 form part of these financial statements.

The financial statements on pages 3 to 15 were approved by the Select Vestry on 28th February 2025 and signed on their behalf by:

Mr Victor Dukelow TRUSTEE

Mr Brian Acheson TRUSTEE

Date: 27th March 2025

Diamond & Skillen

Page 7 of 15

Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Belfast/Belfast:Knock/St. Columba’s/Down&Dromore/Church of Ireland Parish of Knock Columcile Financial Statements for the year ended 31st December 2024

Notes forming part of the Financial Statements for the year ended 31st December 2024

1.

Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

1.1

Statement of compliance

The financial statements are prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective from 1st January 2015) - (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006 (insofar as this applies to the Charity).

St. Columba’s Parish, Knock meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Preparation of the accounts on a going concern basis

1.2 Preparation of the accounts on a going concern basis The Trustees’ policy is to undertake ongoing review of the ‘Going Concern’ status of the charity, taking note of the organisation’s reserves policy and projected availability of funds to enable the organisation to fulfil its responsibilities. A statement on the outcome of the ongoing review is given at note 18 on page 15.

Revenue

Items of revenue are recognised and included in the accounts when all of the following criteria are met:

Revenue received in advance of the provision of a specified service is deferred until the criteria for revenue recognition are met.

Grants receivable

Grants receivable which relate to the year are credited to revenue within the Statement of Financial Activities, with unspent balances being carried forward to subsequent years within the relevant fund.

Specific debts are recognised where approved grant expenditure exceeds grant revenue received to date. Grant revenue relating to future periods is carried forward under payables.

Interest and dividends receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest or dividend paid or payable by the financial institution.

Fund accounting

Unrestricted funds are general funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. The fund comprises the accumulated surpluses and deficits of unrestricted income and expenditure.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of administering such funds are charges against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Endowment funds are funds, the capital of which must be retained either permanently or at the trustees’ discretion; the income derived from the endowment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place. Investment income and gains are allocated to the appropriate fund

1.7 Expenditure

Expenditure is recognised once there is 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. Expenditure is classified under the following activity headings:

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 8 of 15

Belfast/Belfast:Knock/St. Columba’s/Down&Dromore/Church of Ireland Parish of Knock Columcile

Financial Statements for the year ended 31st December 2024

Notes forming part of the Financial Statements for the year ended 31st December 2024 (cont’d)

1.8 Non Current Assets (Fixed Assets)

Fixed Assets are stated at cost less accumulated depreciation. The costs of minor additions or those costing below £5,000 are not capitalised. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life. The estimated lives are shown below:

1.9 Receivables

Trade and other receivables are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts due.

1.10 Cash and cash equivalents

Cash and cash equivalents includes bank deposits, cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.11 Payables and provisions

Payables and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in a transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Payables and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

2. Legal status of the charity

St. Columba’s Parish, Knock is a charity registered in Northern Ireland no. NIC102541.

3. Taxation

As a charity, St Columba’s Parish, Knock is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or 2256 of the Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity.

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 9 of 15

Belfast/Belfast:Knock/St. Columba’s/Down&Dromore/Church of Ireland Parish of Knock Columcile Financial Statements for the year ended 31st December 2024

Notes forming part of the Financial Statements for the year ended 31st December 2024 (cont’d)

4.
INCOME

Deposit account interest

M&G Charifund dividends
from investments:

Other income

Gift Aid tax refunded
from other activities:

Special Collections
from charitable activities:

In Memoriam

Grants

Other Donations

Weekly envelopes, standing orders
and plate collections
from grants, donations and legacies:
5.1
EXPENDITURE

Sundry expenses

Bank charges
Other expenses:

Other governance costs
Legal and professional fees:
on other items:

Charitable expenditure(see note 5.2)
Programme costs:

Telephone, computer and internet

Printing, postage and stationery

Travel & training expenses
General administration costs:

Other premises expenses

Cleaning

Repairs and Property projects

Heating & Lighting

Insurance

Rates & Water Charges

Ground rent
Premises and insurance costs:

Employers NIC and Pensions

Contracts for services

Lay salaries

Clergy stipends and pulpit supply
Employee costs:
on charitable activities:

Fundraising expenses
on raising funds:		 4.
INCOME

Deposit account interest

M&G Charifund dividends
from investments:

Other income

Gift Aid tax refunded
from other activities:

Special Collections
from charitable activities:

In Memoriam

Grants

Other Donations

Weekly envelopes, standing orders
and plate collections
from grants, donations and legacies:
5.1
EXPENDITURE

Sundry expenses

Bank charges
Other expenses:

Other governance costs
Legal and professional fees:
on other items:

Charitable expenditure(see note 5.2)
Programme costs:

Telephone, computer and internet

Printing, postage and stationery

Travel & training expenses
General administration costs:

Other premises expenses

Cleaning

Repairs and Property projects

Heating & Lighting

Insurance

Rates & Water Charges

Ground rent
Premises and insurance costs:

Employers NIC and Pensions

Contracts for services

Lay salaries

Clergy stipends and pulpit supply
Employee costs:
on charitable activities:

Fundraising expenses
on raising funds:
Totals
2023
£
Totals
2024
£
Endowment
funds
£
Restricted
funds
£
Unrestricted
Funds
£
1,257
4,409
-
-
4,409
5,059
2,983
-
-
2,983
8,234
9,973
-
-
9,973
31,309
33,477
-
6,945
26,532
-
0
-
-
-
-
7,855
-
-
7,855
25,067
1,885
-
1,885
-
38,623
26,622
-
26,622
-
142,450
149,627
-
-
149,627
251,999
236,831
0
35,452
201,379
Totals
2023
£
Totals
2024
£
Endowment
funds
£
Restricted
funds
£
Unrestricted
Funds
£

Sundry expenses

Bank charges
Other expenses:

Other governance costs
Legal and professional fees:
on other items:

Charitable expenditure(see note 5.2)
Programme costs:

Telephone, computer and internet

Printing, postage and stationery

Travel & training expenses
General administration costs:

Other premises expenses

Cleaning

Repairs and Property projects

Heating & Lighting

Insurance

Rates & Water Charges

Ground rent
Premises and insurance costs:

Employers NIC and Pensions

Contracts for services

Lay salaries

Clergy stipends and pulpit supply
Employee costs:
on charitable activities:

Fundraising expenses
on raising funds:		 1,911
2,465
-
-
2,465
1,891
1,921
-
-
1,921
780
1,261
-
-
1,261
38,057
37,261
-
15,890
21,371
4,123
5,576
-
-
5,576
10,763
11,265
-
-
11,265
40
2,400
-
-
2,400
2,230
862
-
-
862
6,100
5,902
-
-
5,902
131,580
28,450
-
9,689
18,761
17,002
20,370
-
-
20,370
9,091
9,636
-
-
9,636
3,888
3,410
-
-
3,410
12
0
-
-
-
19,671
14,320
-
-
14,320
9,190
9,186
-
-
9,186
13,807
15,412
-
-
15,412
55,529
56,344
-
-
56,344
397
978
-
-
978
326,062
227,019
0
25,579
201,440

Diamond & Skillen

Page 10 of 15

Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Belfast/Belfast:Knock/St. Columba’s/Down&Dromore/Church of Ireland Parish of Knock Columcile Financial Statements for the year ended 31st December 2024

Notes forming part of the Financial Statements for the year ended 31st December 2024 (cont’d)

5.2.
CHARITABLE EXPENDITURE BREAKDOWN
TOTAL PROGRAMME COSTS

The Welcome Organisation

The Gathering (St Martin’s)

The Dean’s Sit-out

St John Ambulance

St Dorothea’s Church

Mission to Seafarers

Methodist College Belfast

Lagan Search & Rescue

Kidney Care UK

Go Make a Difference

Flood Relief (St Saviour’s)

Down Cathedral

Diabetes UK

British Heart Foundation

Air Ambulance NI
Mission & Charity allocations (restricted):

Turkish Earthquake Appeal

Royal British Legion

Romanian trip

NI Children’s Hospice

Marie Curie

Larder

Diabetes UK

The Dean’s Sit-out

British Heart Foundation

Bishops Ministry Fund
Specific collections (restricted):

Other

Communion wine & bread

Sunday School & Crèche expenses

Other periodicals

Organ & choir expenses

Diocesan Assessment
Programme costs (unrestricted):		 5.2.
CHARITABLE EXPENDITURE BREAKDOWN
TOTAL PROGRAMME COSTS

The Welcome Organisation

The Gathering (St Martin’s)

The Dean’s Sit-out

St John Ambulance

St Dorothea’s Church

Mission to Seafarers

Methodist College Belfast

Lagan Search & Rescue

Kidney Care UK

Go Make a Difference

Flood Relief (St Saviour’s)

Down Cathedral

Diabetes UK

British Heart Foundation

Air Ambulance NI
Mission & Charity allocations (restricted):

Turkish Earthquake Appeal

Royal British Legion

Romanian trip

NI Children’s Hospice

Marie Curie

Larder

Diabetes UK

The Dean’s Sit-out

British Heart Foundation

Bishops Ministry Fund
Specific collections (restricted):

Other

Communion wine & bread

Sunday School & Crèche expenses

Other periodicals

Organ & choir expenses

Diocesan Assessment
Programme costs (unrestricted):
Totals
2023
£
Totals
2024
£
Endowment
funds
£
Restricted
funds
£
Unrestricted
Funds
£

Other

Communion wine & bread

Sunday School & Crèche expenses

Other periodicals

Organ & choir expenses

Diocesan Assessment
Programme costs (unrestricted):		 59
47
-
47
-
564
667
-
-
667
1,327
970
-
-
970
417
333
-
-
333
5,000
5,817
-
-
5,817
13,350
13,584
-
-
13,584
20,717
21,418
0
47
21,371

Turkish Earthquake Appeal

Royal British Legion

Romanian trip

NI Children’s Hospice

Marie Curie

Larder

Diabetes UK

The Dean’s Sit-out

British Heart Foundation

Bishops Ministry Fund
Specific collections (restricted):		 1,177
0
-
-
-
461
0
-
-
-
-
0
-
-
-
308
512
-
512
-
1,194
1,451
-
1,451
-
-
0
-
-
-
-
0
-
-
-
-
1,454
-
1,454
-
1,000
0
-
-
-
-
426
-
426
-
4,140
3,843
0
3,843
0

The Welcome Organisation

The Gathering (St Martin’s)

The Dean’s Sit-out

St John Ambulance

St Dorothea’s Church

Mission to Seafarers

Methodist College Belfast

Lagan Search & Rescue

Kidney Care UK

Go Make a Difference

Flood Relief (St Saviour’s)

Down Cathedral

Diabetes UK

British Heart Foundation

Air Ambulance NI
Mission & Charity allocations (restricted):		 1,200
0
-
-
-
1,200
1,000
-
1,000
-
1,200
1,000
-
1,000
-
1,200
1,000
-
1,000
-
1,200
0
-
-
-
1,200
1,000
-
1,000
-
-
1,000
-
1,000
-
1,200
1,000
-
1,000
-
1,200
1,000
-
1,000
-
-
1,000
-
1,000
-
1,200
0
-
-
-
1,200
1,000
-
1,000
-
-
1,000
-
1,000
-
-
1,000
-
1,000
-
1,200
1,000
-
1,000
-
13,200
12,000
0
12,000
0
TOTAL PROGRAMME COSTS 38,057
37,261
0
15,890
21,371

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 11 of 15

Belfast/Belfast:Knock/St. Columba’s/Down&Dromore/Church of Ireland Parish of Knock Columcile Financial Statements for the year ended 31st December 2024

Notes forming part of the Financial Statements for the year ended 31st December 2024 (cont’d)

6

Staff costs and numbers

Totals
2023
£
Totals
2024
£
Restricted
funds
£
Unrestricted
Funds
£
Employer’s national insurance & pensions
Contracts for services
Sundry clerical expenses (visiting clergy etc..)
Clergy stipends
Lay salaries		 19,671
14,320
-
14,320
9,190
9,186
-
9,186
3,200
300
-
300
52,329
56,044
-
56,044
13,807
15,412
-
15,412
98,197
95,262
0
95,262

No employee received emoluments of more than £60,000

The average number of persons, including part-time staff, employed on UK contracts was 3 (2023: 3) The Organists’ duties are performed under contracts for services.

7.

Net incoming resources for the year

Totals
2023
£
Totals
2024
£
Endowment
funds
£
Restricted
funds
£
Unrestricted
Funds
£
Independent examiner’s remuneration
Net incoming resources are stated after
charging:		 780
780
-
-
780

8.

Trustee remuneration and Related Party Transactions

No trustee received any remuneration as a result of their Trusteeship of the Charity.

One Trustee was employed by the Charity during the year (2023: 1). The details are as follows:  Rev Canon John Auchmuty- Employed as Rector - Salary £56,044 (2023: £47,558) No other trustee or other person connected to the charity had any personal interest in any contract or transaction entered into by the charity during the year (2023 - Nil). During the year to 31st December 2024, the Trustees received a total of £2,888 (2023: £2,571) by way of reimbursement of amounts paid by them on behalf of the Parish.

9

Transfers between the funds

Totals
2024
£
Endowment
Funds
£
Restricted
funds
£
Unrestricted
Funds
£
No transfers in the year 0
0
-
-
0
0
0
0

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 12 of 15

Belfast/Belfast:Knock/St. Columba’s/Down&Dromore/Church of Ireland Parish of Knock Columcile Financial Statements for the year ended 31st December 2024

Notes forming part of the Financial Statements for the year ended 31st December 2024 (cont’d)

10

Non Current Assets

Totals
£
Furniture,
fixtures &
fittings
£
Curatage
£
Rectory
£
At 31st December 2023
At 31st December 2024
Net Book Value
At 31st December 2024
Charge for year
At 1st January 2024
Depreciation
At 31st December 2024
Additions
At 1st January 2024
Cost		 0
-
-
-
495,000
-
155,000
340,000
495,000
0
155,000
340,000
0
-
-
-
0
-
-
-
0
0
0
0
495,000
0
155,000
340,000
495,000
0
155,000
340,000

The Church building is deemed to be a Heritage Asset as defined in the Charities SORP(FRS102).

Heritage Assets are not included in the statement of assets and liabilities as information on their historic 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 Church Hall was built in 1962. There are no reliable records of the cost of this construction and valuation approach for such a building lacks sufficient reliability. As a result there is no value ascribed to this building in the statement of assets and liabilities.

All fixtures and fittings are deemed to have been fully depreciated in prior years’ accounts. No attempt has been made to quantify the historic cost of the fixtures and fittings, many of which fall within the definition of Heritage Assets in the Charities SORP(FRS102), as this information cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the Parish.

The rectory and Curatage are recognised at their deemed cost, being the valuation placed on the property for local tax purposes.

11

Investments
Totals
2023
£
Totals
2024
£
Valuation at 31st December 2024 - 4800 units @ £14.7240
Increase / (decrease) in value
Valuation at 1st January 2024 - 4800 units @ £14.3499 (2023: £14.6952)
Investment in M&G Charifund		 (1,657)
1,885
70,537
68,880
68,880
70,765

Quoted investments are initially recorded at cost and are then subsequently stated at fair value at each year end date. Unquoted investments are recorded at cost and assessed annually for impairment.

12

Debtors

Totals
2023
£
Totals
2024
£
Listed Places of Worship VAT claim receivable - 2023: Church roof works
Listed Places of Worship VAT claim receivable - 2024: Front of Church project
Grant due from RCB - Church Fabric Fund
Gift aid receivable		 14,837
-
-
1,885
34,100
-
9,565
7,942
58,502
9,827

Diamond & Skillen

Page 13 of 15

Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Belfast/Belfast:Knock/St. Columba’s/Down&Dromore/Church of Ireland Parish of Knock Columcile Financial Statements for the year ended 31st December 2024

Notes forming part of the Financial Statements for the year ended 31st December 2024 (cont’d)

13 Cash and cash equivalents

Totals
2023
£
Totals
2024
£
Closing balance of cash and cash equivalents
Movement in the year
Opening balance of cash and cash equivalents		 (108,424)
56,088
220,454
112,030
112,030
168,118

14 Creditors - amounts falling due within one year

Totals
2023
£
Totals
2024
£
Accrued independent examination fee
Deferred income
Retention payment due - roof project
M&C Fund allocations accrued
Specific collections due to third parties		 600
600
2,000
2,000
-
-
2,400
-
-
-
5,000
2,600

15 Analysis of charity net assets between funds

Totals
2024
£
Endowment
funds
£
Restricted
funds
£
Unrestricted
funds
£
Current Liabilities
Current Assets - cash and cash equivalents
Current Assets - debtors
Investments
Non Current Assets		 (2,600)
-
-
(2,600)
168,118
-
108,069
60,049
9,827
-
3,531
6,296
70,765
-
-
70,765
495,000
-
-
495,000
741,110
0
111,600
629,510

16 Financial Commitments

At 31st December 2024 the charity has no annual commitments under non-cancellable leases nor any other financial commitments that are not recognised in the accounts (2023: £nil). The charity has entered into a number of long term contracts for the supply of services all of which are cancellable.

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 14 of 15

Belfast/Belfast:Knock/St. Columba’s/Down&Dromore/Church of Ireland Parish of Knock Columcile Financial Statements for the year ended 31st December 2024

Notes forming part of the Financial Statements for the year ended 31st December 2024 (cont’d)

17

Statement of Funds
At
31 Dec 24
£
Transfers /
other
movement
£
Outgoing
resources
£
Incoming
resources
£
At
1 Jan 24
£
Total funds
Total endowment funds
Endowment funds
Total restricted funds
Church roof fund
Hall refurbishment fund
Building fund
Specific Collections
Mission & Charities fund
Total unrestricted funds
Asset holding fund (designated)
Investment holding fund (designated)
General reserve		 495,000
-
-
-
495,000
70,765
1,885
-
-
68,880
63,745
-
(201,440)
201,380
63,805
629,510
1,885
(201,440)
201,380
627,685
32,483
-
-
-
32,483
15,533
-
-
10,784
4,749
62,992
-
(9,689)
8,256
64,425
70
-
-
-
70
522
-
(15,890)
16,412
-
111,600
0
(25,579)
35,452
101,727
0
-
0
0
0
0
0
0
0
0
741,110
1,885
(227,019)
236,832
729,412

Summary of the aim and use of Unrestricted Funds

Summary of the aim and use of Restricted Funds

18 Going concern

The Trustees consider that the charity has sufficient funding in place to continue its operations in the near future and thus deem the use of the going concern basis to be appropriate.

Diamond & Skillen Chartered Accountants and Registered Auditor Sinclair House, 89/101 Royal Avenue Belfast BT1 1FE

Page 15 of 15