2023-12-31-accounts

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

CHRIST CHURCH PRIMACY (COI)

Trustees’ Annual report and Statement of Receipts and Payments and Assets and Liabilities For the year ended 31 December 2023

Charities Number: NIC102609

Christ Church Primacy (COI) Annual report and financial statements for the year ended 31 December 2023

References and administrative details ............................................................................................ 3 Trustees Annual Report for the year ended 31 December 2023 ....................................................... 4 Objectives and Activities ............................................................................................................ 4 Achievements, Performance and Public Benefit........................................................................... 4 Financial Review ....................................................................................................................... 5 Structure, Governance and Management .................................................................................... 5 Statement of Trustees' Responsibilities ....................................................................................... 6 Independent Examiners Report to the Charity Trustees of Christ Church Primacy (Church of Ireland) 7 Respective responsibilities of trustees and examiner ................................................................... 7 Basis of independent examiner's report....................................................................................... 7 Independent examiner's statement ............................................................................................. 7 Statement of Financial Activities..................................................................................................... 8 Notes to the financial statements for the year ended 31 December 2023 ........................................ 13

STATEMENT OF FINANCIAL ACTlVtriES Uwist Clmrch Prinwy . TrK102 For the from 01 jY 2023 to 31 DeceThkn 2023 Tol¥ Prnf y•W cm1$ d1•gleS 41.968 1.17S •.367 67 8.749 29209 496 78257 1.671 51.367 77 8.749 fj2.650 1.748 8.373 Olmr tr¥Jng XM6 10 7.710 6•.321 2>.795 .123 •0.519 11.$29 11.599 74.872 1,485 63.741 23.870 Tot41 •xpMatW• I. SJ1 23.941 •GA72 65.52 N•t trKorn• i i•ip•ndfvrni 5.154 14.YJ2 J.117 13.1171 3.117 13.1171 9,713 [9,7131 I l•xp•rn) &7X 14.2 &7X 14J>2 Totsl funth br•t 2É0.721 t17•5 273.51• 2M.52g Totsl lun•• A)rwfj 2•5.170 273.511

Christ Chwch Prirnacy - NIC102609 Receipts and payments Selected period: 01 Januwy 2023 10 31 December 2023 From To 01 J•nu•ry 2023 31 Decembef 2023 01 January 2022 31 Decembef 2022 ote CAP - CAP Fund IRestrictedl Fwbd 3.420 282 2.7 2.595 Xl.521 29.119 12,418 10 14 10 29,129 12.433 74 Lay 9.884 Lay exp5*5 333 3.837 0.286 3.25S 22.675 13,950 22.729 14.589 6.399 12.148 12.1501 14.454 11501 12.148 Tran5fw5 Wlfrrynl 18,547

170 142 170 142 496 142 15 1, 195 97 Isui 1117 10

IOD ItXI io 29.112 2.110 3201 31.167 Gn r•co¥ornd. IMII 6.533 7.381 26S 212 1.731 4T2 IAoirtsx rr01 BT DO 17 1,175 f.746 9.367 8.373 ,307 8,373 67 07 52x1 4210 ,740 7,710 68241 67,783 11

71 147 IJ, 101 44)7 1714 &iQS J¥c 149 1.015 6Tr {119) 140 YJ.717 251.ia7 P.11n .475 (5,413 12

¢4whl Ch¥rth P•4w. NIC102 A t JI 202$ a>y.¢o C .InTr •e STI ga 17t, .170 31&1T• 2W1T• Jxs 2S4 179a 12 14b 13

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

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:

Church Buildings: The church buildings, which are jointly owned by the Church of Ireland and the Methodist Church in Ireland, are deemed to be Heritage assets as defined by the Cahrities SORP FRS102)

Investments

The Rectory is included in the accounts at a reasonable estimate of current value based upon insurable amount.

2. MOVEMENT IN FUNDS

Restricted Funds	Balance balance at 1 Jan 2023 £	Incoming Resources £	Outgoing Resources £	Balance at 31 Dec 2023 £
Christians Against Poverty (CAP)	12,148	29,129	22,729	18,547
Engage – Engage Mums & Tots	641	666	1,211	96
Total Funds	12,789	29,795	23,940	18,643

Purposes of Restricted Funds

Restricted funds are funds subject to specific requirements as to their use which may be declared by the donor or with their authority or created through legal processes, but still within the wider objects of the Parish..

3. TRANSACTIONS WITH THE TRUSTEES

Christ Church Primacy has a full-time Community Pastor, Denise Wilson, who is responsible for the Parish under the oversight of the Area Dean and is a trustee. She was paid a gross salary of £30,150.38 and NEST payments of £900.

The contributions to the Church of Ireland’s centrally administered Pension Fund were paid by the parish and amounted to £4,407.

Ashleen Johnston is a trustee and has been employed as the part-time CAP Centre Manager. She works 20 hours per week and her annual salary is £12,559.20 plus reinbursement of out-of-pocket expenses necessary for her role and NEST payments of £363. Her salary and expenses are paid out of the CAP account.

Other than the above, no trustee received any renumeration or reimbursement of expenses during 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.