2024-12-31-accounts

CHRIST CHURCH PRIMACY (COI)

Statement of Receipts and Payments and Assets and Liabilities

For the year ended 31 December 2024

Charities Number: NIC102609

Contents

Statement of Financial Activities.............................................................................................3 Receipts and payments ..........................................................................................................4 Balance Sheet Summary .......................................................................................................8 Statement of Assets and Liabilities.........................................................................................9 Notes to the Financial Statements for the Year Ended 31 December 2024 ..........................10

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Statement of Financial Activities

Christ Church Primacy - NIC102609

For the period from 01 January 2024 to 31 December 2024

	Unrestricted	Restricted	Endowment	Total	Prior year
	funds	funds	funds	funds	total funds
Income and endowments from:
Donations and legacies	47,887	9,193	—	57,081	78,257
Income from charitable activities	16,354	1,982	—	18,337	1,671
Other trading activities	9,711	—	—	9,711	9,367
Investments	41	15	—	57	77
Other income	4,156	—	—	4,156	8,749
Total income and endowments from:	78,151	11,192	—	89,343	98,123
Expenditure
on:Raising
funds	1,181	125	—	1,307	11,599
Expenditure on charitable activities	61,442	20,372	—	81,815	74,872
Other expenditure	500	—	—	500	—
Total expenditure on:	63,124	20,497	—	83,622	86,472
Net income / (expenditure)	15,027	(9,305)	—	5,721	11,651
Transfers
Gross transfers between funds - in	—	—	—	—	3,117
Gross transfers between funds - out	—	—	—	—	(3,117)
Net income / (expenditure)	15,027	(9,305)	—	5,721	11,651
Other recognised gains /
lossesGains / losses on
investment assets	—	—	—	—	—
Gains on revaluation, fixed assets, charity's own use	—	—	—	—	—
Net movement in funds	15,027	(9,305)	—	5,721	11,651
Reconciliation of funds
Total funds brought forward	266,525	18,644	—	285,170	273,518
Total funds carried forward	281,552	9,338	—	290,891	285,170

There may be minor discrepancies in the totals if the pence are not being shown

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Receipts and payments

Christ Church Primacy - NIC102609 For the period from 01 January 2024 to 31 December 2024

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Frr•) 01 2Q24 01 2023 To 31 Decern￿ 3)24 31 December 20rJ 170 15 1.619 7227 2T 27 12. TrJth tC*'lknl 3.117

Fmm 01 Januxy 2024 01 J￿U¥Y 2023 To 31 December 2024 31 Dec￿ ￿Zj 28.175 Jl.112 1118 ¢3ft •d tsx re(fAv￿. re99wry IMI 191 318 7.￿1 1c6 47.761 SFw4 fifftd r•5ry e4Y5 SFerya F￿lj Rsr¥J. CIT&ThB5 F• 212 1.115 472 12. 9.￿7 9.%7 41 67 41 67 citwfvmds r¥s*d P￿£ NIC CPP 70.79• 68248 71 io. Pnthrg 311 1.153 11,5

01 JanLWy 2024 01 janu￿ 3)23 To 31 DeCern￿ 2024 31 3)rJ 4.407 3.714 3.98t 5.010 JMC 8uikl¥vJd￿ry 37 2.851 1.015 152 181 228 61.442 51,CQl 7.701 5.744 251.107 3,117) Tratsf•s iollfvtynl

Balance Sheet Summary

Christ Church Primacy - NIC102609

For the period from 01 January 2024 to 31 December 2024

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Statement of Assets and Liabilities

Christ Church Primacy - NIC102609 For the period from 01 January 2024 to 31 December 2024

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Notes to the Financial Statements for the Year Ended 31 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:

• 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 Charities SORP FRS 102 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 as at 1 January2023	Income Resources	Outgoing Resources	Balance at 31 December 2024
Christians Against Poverty	18,538	9336	16952	10922
Engage – Engaged Mums & Tots	321	1856	1652	526
Total Funds	18859	11192	18604	11448

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 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 £32,832.19 and NEST payments of £1080.20.

The contributions of the Church of Ireland’s centrally administered Pension Fund were paid by the parish and amounted to £1,373.20.

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Ashleen Johnston is a trustee and has been employed as the part-time CAP Debt Centre Manager. She works 20 hours per week, and her annual salary is £14,359.21 plus reimbursement of out-of-pocket expenses necessary for her role and NEST payments of £462.38. 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.

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