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2023-12-31-accounts

St Colman’s Church

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St. Colman's Parish of Kilroot
Annual Accounts for the Year Ended 31 December 2023
St. Colman's Parish of Kilroot
Annual Accounts for the Year Ended 31 December 2023
St. Colman's Parish of Kilroot
Annual Accounts for the Year Ended 31 December 2023
St. Colman's Parish of Kilroot
Annual Accounts for the Year Ended 31 December 2023
St. Colman's Parish of Kilroot
Annual Accounts for the Year Ended 31 December 2023
St. Colman's Parish of Kilroot
Annual Accounts for the Year Ended 31 December 2023
St. Colman's Parish of Kilroot
Annual Accounts for the Year Ended 31 December 2023
Current Account Bricks and Mortar Account Total
Unrestricted Designated Restricted Unrestricted Designated Restricted
Income
Voluntary Giving
51,268.23 0.00 0.00 0.00 0.00 6,024.00 57,292.23
Legacies
0.00
Fundraising
23,505.00 0.00 0.00 0.00 0.00 100.00 23,605.00
Property Related Income
1,975.00 0.00 0.00 0.00 0.00 0.00 1,975.00
Investment Income
Bank Interest 34.64 29.67 64.31
34.64 0.00 0.00 0.00 0.00 29.67 64.31
Sundry Income
1,199.75 6,468.40 0.00 0.00 0.00 0.00 7,668.15
Income Totals 77,982.62 6,468.40 0.00 0.00 0.00 6,153.67 90,604.69
Expenditure
Clergy Costs
58,815.13 0.00 0.00 0.00 0.00 0.00 58,815.13
Other Staff Costs
5,808.00 0.00 0.00 0.00 0.00 0.00 5,808.00
Property Costs
18,277.11 0.00 0.00 0.00 0.00 0.00 18,277.11
Fundraising Costs
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Administration Costs
2,674.86 0.00 0.00 42.07 0.00 0.00 2,716.93
Charitable & Mission Giving
5,633.70 0.00 0.00 0.00 0.00 0.00 5,633.70
Sundry Costs
730.90 0.00 0.00 0.00 0.00 0.00 730.90
Expenditure Totals 91,939.70 0.00 0.00 42.07 0.00 0.00 91,981.77
Summary
Opening Bank Balance
Add Income
Less Expenses
Closing Bank Balance
Current
23,187.38
84,629.50
92,118.18
15,698.70
Bricks & Mortar
19,951.75
6,153.67
42.07
26,063.35
Combined
43,139.13
90,604.69
91,981.77
41,762.05

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St. Colman's Parish of Kilroot Annual Accounts for the Year Ended 31 December 2023 - expanded Annual Accounts for the Year Ended 31 December 2023 - expanded Annual Accounts for the Year Ended 31 December 2023 - expanded Annual Accounts for the Year Ended 31 December 2023 - expanded Annual Accounts for the Year Ended 31 December 2023 - expanded Annual Accounts for the Year Ended 31 December 2023 - expanded
Current Account Bricks and Mortar Account Total
Unrestricted Designated Restricted Unrestricted Designated Restricted
Income
Voluntary Giving
FWO 40,954.34 40,954.34
HMRC Gift Aid 10,313.89 10,313.89
BuildingFund 6,024.00 6,024.00
51,268.23 0.00 0.00 0.00 0.00 6,024.00 57,292.23
Legacies
0.00
Fundraising
Templecorran 14,220.00 14,220.00
CAF Sustenation 1,800.00 1,800.00
EasyFundraising 58.71 58.71
Brick sales 100.00 100.00
Movie Nights 278.00 278.00
Murder MysteryNight 1,066.00 1,066.00
Summer Sale 1,972.00 1,972.00
Christmas Tree Festival 3,000.22 3,000.22
Toilet Aid Donations 59.00 59.00
Bishops Appeal donations 620.00 620.00
Book Sales 131.07 131.07
Donations for Womens Aid 40.00 40.00
Magazine adverts and donations 80.00 80.00
Bingo Night 180.00 180.00
23,505.00 0.00 0.00 0.00 0.00 100.00 23,605.00
Property Related Income
Hall Rental 525.00 525.00
Heat & Light Donations 1,450.00 1,450.00
1,975.00 0.00 0.00 0.00 0.00 0.00 1,975.00
Investment Income
Bank Interest 34.64 29.67 64.31
34.64 0.00 0.00 0.00 0.00 29.67 64.31
Sundry Income
Black Santa Grant 1,000.00 1,000.00
Mid & East Antrim Grants 3,200.00 3,200.00
Donations 'in memoryof' 900.00 1,500.00 2,400.00
Donations for transport 168.40 168.40
BowlingClub funds 221.80 221.80
PennyBottle 77.95 77.95
Electric Grant for Eden House 600.00 600.00
1,199.75 6,468.40 0.00 0.00 0.00 0.00 7,668.15
Income Totals 77,982.62 6,468.40 0.00 0.00 0.00 6,153.67 90,604.69

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Expenditure
Clergy & Diocesan Costs
Stipend 38,498.98 38,498.98
Diocese of Connor 17,374.52 17,374.52
HMRC PAYE 2,713.28 2,713.28
HolidayCover 228.35 228.35
58,815.13 0.00 0.00 0.00 0.00 0.00 58,815.13
Other Staff Costs
Organists 3,312.00 3,312.00
Cleaner 2,496.00 2,496.00
5,808.00 0.00 0.00 0.00 0.00 0.00 5,808.00
Property Costs
Defibrilator and Cabinet 2,520.00 2,520.00
Rent for Eden House 2,700.00 2,700.00
Electricity 6,670.00 6,670.00
RectoryExpenses 789.16 789.16
General Repairs and Renewals 1,788.03 1,788.03
Columbarium Engraving 292.00 292.00
Insurance 1,161.82 1,161.82
PAT Testingand electrical checks 891.60 891.60
Hedgecutting 420.00 420.00
Oil for Eden House 148.00 148.00
NI Water 341.74 341.74
CleaningProducts 532.26 532.26
Ground Rent 22.50 22.50
18,277.11 0.00 0.00 0.00 0.00 0.00 18,277.11
Fundraising Costs
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Administration Costs
Broadband & Phone 460.80 460.80
Audit and Accountancyfees 65.00 65.00
CityOffice Supplies -printing 526.87 526.87
Office Line -photocopier 363.60 363.60
FWO Envelopes 280.00 280.00
Licences 321.42 321.42
Stationery 276.38 276.38
Bank fees 144.36 42.07 186.43
SundaySchool Resources 236.43 236.43
2,674.86 0.00 0.00 42.07 0.00 0.00 2,716.93

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Charitable & Mission Giving
All Nations MinistryCosts 2,873.70 2,873.70
Bishops Appeal 720.00 720.00
NI Children's Hospice 1,000.00 1,000.00
Alzheimer's society 1,000.00 1,000.00
Women's Aid 40.00 40.00
5,633.70 0.00 0.00 0.00 0.00 0.00 5,633.70
Sundry Costs
Transport costs All Nations(against Grant) 391.44 391.44
Church Supplies 339.46 339.46
730.90 0.00 0.00 0.00 0.00 0.00 730.90
Expenditure Totals 91,939.70 0.00 0.00 42.07 0.00 0.00 91,981.77

Summary

Opening Bank Balance
Add Income
Less Expenses
Closing Bank Balance
Current
23,187.38
84,629.50
92,118.18
15,698.70
Bricks & Mortar
19,951.75
6,153.67
42.07
26,063.35
Combined
43,139.13
90,604.69
91,981.77
41,762.05

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1 January 2020 to 31 December 2020 Notes to the Financial Statements for the period

1 January 2023 to 31 December 2023

1. Accounting Policies

Set out below are the principle accounting policies which have been adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Liabilities

2. Reconciliation of Cash Funds

£
Total Cash at 1 January 2023 49,250.73
Receipts for theperiod 1/1 to 31/12/21 90,783.17
Payments for theperiod 1/1 to 31/12/21 92,160.25
Total Cash at 31 December 2023 41,762.05

The cash balance is made up as follows:

CASH Balance @ 31/12/2023 41,762.05
Designated 6,468.40
Development
Fund (Restricted) 6,153.67
Cash Available @ 31/12/2023 29,139.98

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3. Collections for Third Parties

2023 £
Bishops’ Appeal 720.00
All Nations Ministry 2,873.70
NI Children’s Hospice 1000.00
Alzheimers’ Society 1000.00
Women’s Aid 40.00
TOTAL 5633.70

4. Transactions with Trustees

During the period 1 January to 31 December 2023 the Incumbent received £38498.98 in respect the payment of his stipend, locomotory expenses and other office expenses. The following Trustees received reimbursement of other expenses during the period:

N/A

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