2024-12-31-accounts

Independent Examiners Report to the Trustees of St Colman’s Church, Parish of Kilroot

To be provided by Independent Examiner where the income threshold is less than £250,000.

The accounts have been examined and approved by our appointed independent auditor, Nichola Orr, NJB Accounts Services, 2 The Beeches, Larne, BT40 2DU. The original accounts, signed by the Honorary Treasurer and the Independent Auditor can be viewed by any member of the parish, by contacting the rector and making an appointment.

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Honorary Treasurer's Overview St. Colman's Church, Parish of Kilroot Year ended 31 December 2024 Trea5urerfs Report At the end of 2024 we had £38,414 in the banl which is £3.348 less than the previous year. Our Free WILL Offering income reduced by£500 from the prewous year. and when you consider that all our costs are increasin& then this becomes a problem. Month on month. we are not bringin8 in enough to meet our costs. whlch is why we are having to use yp our reserves, leading to the overall ba13nce in the bank decreasing. I would referyou to my letter in the November parish rnagazine giving more detaiLs on our financi81 position, and would again ask everyone to consider their 8pproech to givin& with a vlew to sustainingthe parish. Marion Magill 12.03.25

St. Colman's Parish of Kilroot Annual A(£ounts forthe Year Ended 31 D￿ember 2024 Currwt A(£ount Bridts and Mcrtar Ac(4W Designated Restricted Unrestricted Designated Re5tricteO Tthl Income Voluntary Grvin 51,106.06 6,240.00 57,346.06 Legade5 0.00 Fundrai*ng 24.2S4.89 305.(X) l(M).(M> 70.46 24,730.35 Property Related In(￿ne 1.635. 1,635.00 In¥eAment Intome 14.29 58.75 73.04 Sundry Intome 3.670.90 80.681.14 3.670.90 87,455.35 Income Totals 305.(X) 100.00 70.46 6,298.75 Expenditure Cier8y Costs 60.697.36 0.00 60,697.36 Other Staff Costs 5,420.00 0.00 5.420.00 17.635.98 3.120.fKJ 0.00 20,755.98 io Fundralslng Costs li Adminlstraifj¢M Costs 2.785.87 43.(KJ 2,828.87 12 Chariiable & MIS￿0￿ Gfvlng 450.(K) 305.1)0 755.00 13 Sun<kyCosts 345.86 0.00 345.86 Expenditure Totals 87.335.07 305. 3.163.00 90.803.07 Summary Current 15,698.70 81,086.14 87,640.07 9.144.77 Bricks & Mortar 26,063.35 6,369.21 3,163.00 29,269.56 Combined 41,762.05 87,455.35 90,803.07 38,414.33 Openlng Bank Balance Add Income Less Expenses aosing Bank lance

St. Colman's Parish of Kilroot Annuol Accounts for the Year Ended 31 December 2024. expanded CUrrentA¢¢￿￿t Bri£k5 and MortaT Account Designated Unrertricted Designated Restricted Unrestricted Income Voluntary Giving FWO HMRC Gift Aid Buildin8 Fund 40.454.62 10,651.44 40,454.62 10.651.44 6,240.00 57.346.06 6.240.00 6.240.00 51.106.06 Legaaes Fundraising Templecorran CAF Sustenatio Easy Fundr3ising Brick sales Movie Nights Murder Mystery Ni8ht Summer Sale Greenisland Church appeal Book Sale5 Auttion Bingoi & Beetle Nlghts 15.268.IXI 1,800. 18.94 15,268.00 1.800.00 18.94 100.00 300.00 1,761.70 2,236.00 305.00 155.71 2.285.00 500.00 24,730.35 100.( 300.00 1.761.70 2.236.C 305.(M) 85.25 2.285.00 5(K).00 24.254.89 70.46 305.00 i￿j.(K) 70.46 Property Related Income Hal.. Rental Heat & Light Donations 875.00 760.(MJ 1.635.(KJ 875.00 760.(K) 1,635.(X) Investment Incorne Bank Interest 14.29 14.29 58.75 58.75 73.04 73.04 0.00 Sundry Incgrne Black Santa Grant Parking income Donations'in memory of Donations for Baptism Colurnbarium & Engraving 1,500.C 1.500.00 400.00 380.00 IOD.00 1,290.90 3,670.90 87.455.35 380.00 loo.00 1.290.90 3,670.90 80.681.14 Income Totals 305.(MI I￿.00 70.46 6,298.75

St. Colman'5 Parish of Kilroot Annual Accountsforthe Year Ended 31 December 2024- expanded Bricks and MortarAccount Unrethcted Designated Restiirted Totsl Unrestricted Designated Restritted Expendfture aergy Costs Stipend Diocese of Connor HMRC NIC Holiday Cover 40.542.00 17.687.16 2.443.20 25.00 60.697.36 40,542.00 17.687.16 2,443.20 25.00 60,697.36 0.00 Other Staff Costs Organists Oeaner 2.924.CKI 2.496.00 5.420.00 2,924.00 2,496.00 5.420.00 0.00 Property Costs Car Park Lights Rent for Eden House Elettricity Rertory Expenses General Repairs and Renewals Heater5 for Hall Columbarium Engravin Insurance AED Training and prep kit PATTesting and elettrical checks Hedgecutting & trimmingtrees Grit Spreader Oil for Eden House Nl Water Cleaning Product5 2,220.00 2,220.00 2,700.00 3,924.62 3,052.99 1.490.75 1,620.00 288.00 1,950.19 372.00 477.60 1.360.00 396.00 226.67 591.10 86.05 20.755.98 2.7￿.1 3.924.62 3.052.99 1.490.75 1.620. 288.00 1.950.19 372.00 477.60 460. 396.00 226.67 591.10 86.06 17.635.98 3.120.1)0 io Fundraising Costs 0.00 0.00 li Administratlon Costs Broadband & Phone Audit and Accountancy fees City Office Supplles- printing Office Line- photocopier FWO Envelopes Llcences Stationery Book 5tsnd Bank fees Sunday School Re50urce5 4￿.80 65.(KJ 709.74 333.30 280.00 334.40 161.82 30.74 149_49 260.58 2.785.87 460.80 65.00 709.74 333.30 280.00 334.40 161.82 30.74 192.49 260.58 2,828.87 43.(M) 43.LX) 12 Charltable & Mission Gi¥int 3 chairs In St. Annes Cathedral GreenI￿and Church Appeal 450.( 450.00 305.00 755.00 305.CM) 305.(K) 450. 13 sundry Cost$ Church Supplles 345.86 345.86 87,335.07 345.86 345.86 0.00 0.00 Expenditure Totals 305.00 3,163.00 0.00 90,803.07 Summary Current 15,69&70 81.086.14 87.640.07 9.144.77 Bricks & Mortar 26,063.35 6,369.21 3,163.00 29,269.56 Combined 41,762.05 87,455.35 90,803.07 38,414.33 Opening Bank Balance Add Incorne Less Expenses Closing Bank Balan

Notes to the Financial Statements for the period

1 January 2024 to 31 December 2024

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

• (a) Receipts and Payments Account: All items of income and expenditure included in the Receipts and Payments Account have been accounted for on a cash receipts basis

• (b) Statement of Assets and Liabilities: The Parish does not hold any Investments Assets nor does it have any assets retained for the Parish’s own use.

2. Reconciliation of Cash Funds

econciliaton of Cash Funds
	£
Total Cash at 1 January 2024	41762.05
Receipts for the period 1/1 to 31/12/24	87455.35
Payments for the period 1/1 to 31/12/24	90803.07
Total Cash at 31 December 2024	38414.33

The cash balance is made up as follows:

CASH Balance @ 31/12/2024	38414.33
Designated	305.00
Development
Fund (Restricted)	29269.56
Cash Available @ 31/12/2024	8839.77

3. Collections for Third Parties

	2024 £
Greenisland Church	305.00
TOTAL	305.00

4. Transactions with Trustees

During the period 1 January to 31 December 2024 the Incumbent received £40542.00 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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