Newtownards
Ball
alter
Hol Trinit
Down&Dromore
Church of Ireland
Trustee Re
ort and Statement of Recei
Assets and Liabilities
ts and Pa
ments and
for the
ear endin
31st December 2022
3) Statement of Receipt5 and Payment5 and Assets and Liabllites
Charit Number NIC 102663
Paee I

Newtownards
Ball
alter
Hol Trinit
Down&Dromore
Church of Ireland
Statement of Recei
ts and Pa
rnent5 and Assets and Liabilites
for the
ear endin
31st December 2022
Content5
Receipts and Payments Account
Statement of Assets and Liabilities
Notes to the financial statements
Page 2

Receipts and Payments for the year ended 31st December 2022
Unrestrict Restrictd Endowmnl
Funds
Funds
Funds
2022
2022
2022
Total
Total
Note
2022
2021
Recei
Donations and plate collection
Legacies
Grants
Proceeds from Fundraising
Bank Deposit Interest
Investment income
Rental of Premisies
Charity Collections
refunds
Receipts from Parish Organisatns HT choir
Balligan Consort
53,671
2,652
56,343
46,283
1,510
4,609
1,510
13,026
11,508
765
8,417
9,774
3,220
55
428
10,202
3,220
1,572
219
9,756
2,446
1,018
3,761
1,517
169
50
Total Recei
600
13,781
ts
600
86,690
72,909
75,538
Pa
ments
Wages and salaries
Vicar Locomotory and Office
Diocesan Cost5/Assessment
Church Running Costs
Glebe Costs
Parish Hall
Fabric Fund
rental refund
Admin Costs
Insurances
Charity Donations
Payments from Parish Or8S
HT Choir
Balligan Consort
39,825
1,588
7,176
4,989
886
2,388
39,825
1,588
7,176
5,035
886
2,388
1,321
2,000
1,079
4,946
2.297
669
934
70,144
43,996
2,828
6,792
3,301
1,527
1,451
883
46
1,314
2,000
1,079
4,946
800
994
4,607
1,996
IG
1,497
669
934
4.460
Total Pa
ments
65,684
68,391
Excess of Receipts over Payments for the
year before transfers
7.225
9,321
16.546
7,147
Transfers
Excess of Receipts over Payments for the
year
7.225
9.321
16,546
7.147
On behalf of the Trustees
Trustee I . Revd Sue Bell
Date
)4-- 4 2015
Trustee 2 . Dr Marilyn Armstrong LS,
Page 3

Statement of Assets and Liabilities as at 31st December 2022
Unrestrd Restrictd Endowmt
Funds
Funds
Funds
2022
2022
Total
Total
2022
2022
2021
Cash Funds
Current Accounts
Total Cash Fund5
39,469
39,469
29,027
29,027
68,496
68,496
52,086
52,086
Investment Assets
Investments in RCB Unit Trusts
Holy Trinity Ballywalter
St Andrew's Balligan
Investments in CIT Unit Trusts
Holy Trinity Ballywalter
Total Investment Assets
115,829
99,660
115,829 124,398
99,660 107,405
113,986
329,475
113,986 130,113
0 329.475 361,916
Assets retained for the
Parlsh's own use
Minor Hall
VicaraEe
Total Fixtures and fittlngs
7,021
173,000
14,652
7,021
7.092
173,000 173.000
14,652
14,800
Total Assets retained for
the Parish's own use
194,673
0 194,673 194,892
On Behalf of the Trustees
Trustee l .. Revd Sue Bell
Date Z*-
Trustee 2 . Dr Marllyn Armstrong mer,
Page 4

Note to the Financial Statements for the year ended 31st December 2022
l. 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 Liabilitles
(i) Assets retoinedfor the Pansh's own use
The assets of the parish, retained for its own use comprise:.
Church buildings and Garden of Remembrance
Graveyard at St Andrew's Balligan
Parochial Hall and Minor Hall
Vicarage
Fixtures and Fittin85
The church buildings, Garden of Remembrance and Graveyard are
deemed to be Heritage Assets as defined by the Charities SORP IFRS102).
These Heritage Assets are not not included in the Statement of Assets
and Liabilities as information on the 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 Parochial Hall was built in 1849. Originally the Schoolhouse, it
became the church hall hall in 1932. There are no reliable records for the
cost of construction and valuation. The valuation approach for such a
building lacks sufFicient reliability. As a result thi5 building
is not recognised in the parish statement of assets and liabilities
The Minor hall was erected in 1976 and is recognised at cost of construction.
It was extensively refurbished 12 years ago. Depreciation has been
provided on the Minor Hall building at IO% over a period of 10 years
The Vicarage was purchased in 2013, and is recognised at purchase cost,
being the estimated fair value of the property at 01/0912013. No depreciation
has been provided as the current estimated residual value is not less than
its carrying value and the remaining useful life currently exceeds 50 year5
Fixtures and fittings in the churches, apart from the Sound System,keyboard and screens
deemed to be heritage assets as recognised by the Charities SORP
FRS(102) They are not included in the Statement of Assets and Liabilities
as information on the cost or valuation is not available and such
information cannot be obtained
Page 5

Notes to the financial statements for the year ended 31st December 2022 (cont)
fi)Assets retoinedfvr the Parish s own use (cont)
Fixtures and Fittings are recognised at cost and are
depreciated on a straight line basis at IO% over a period of 10 years
(iij Investments
Fixed asset Investments comprising investment in RCB/CIT unit trusts are initially
recorded at cost and are then Subsequently stated at fair value at each year end date
2. Reconciliation of Cash Funds
Total Cash Funds at Beginning
of the year
Recelpts for the year
Payments for the year
Total Cash Funds at end of the
year
52,086
86,690
70,144
68,496
Page 6

Notes to the financial statements for the year ended 31st December 2022 (cont)
3. Movement in Funds
At l Jan Incoming Outgoing
2022 Resources Resources Transfers
At 31 Dec
2022
Restricted Funds
Flower Fund
Fields of Life Fund
Sunday School Fund
Restricted fabric Fund
Restricted Gen Fund
Holy Trinity Choir Fund
BalliEan Consort Fund
Total
300
1,878
133
-2.060
1,163
669
816
2,899
300
1.878
87
5,212
4,261
46
1,314
1,497
669
934
4,460
8.586
4,595
600
13,781
482
12,220
Unrestricted Funds
Designated Fabric Fund
General Fund
Deposit Account
Totsl
20,217
28,834
136
49,187
72,907
20,219
36,057
65,684
136
136
72,909
65,684
56,276
Total Funds
52,086
86,690
70,144
136
68,496
Pur
Oses of Restrlcted Fund5
Flower Fund.. This is a fund to provide flowers for display during seniices of worship
Fields of Life Fund.. This is a fund to support Fields of Life Building Projects in Africa
Sunday School Fund: This is a fund raised by collection and fundraising events
to provide materials to support the Sunday School. The Trustees will also designate
unrestricted funds when required.
Restricted Fabric Fund: These are funds raised or donated specifically for
the roof repair fund, church rewiring and organ repair fund in Holy Trinity
The trustees will also add funds from the designated fabric fund as required
Holy Trinity Choir Fund: This is a bank account belonging to the choir members
It has no input from church funds
Balligan Consort Fund: This is a bank account belonging to choir members,
With no input from church funds. At the organist's request.
Pur
oses of Desi
his honorarium is paid into this fund
nated Funds
Fabric Fund= The trustees have Set aside funds for the maintenance
and repair of the church property
Page 7

Notes to the financial statements for the year ended 31st December 2022
4. Collections for Third Parties
2022
2021
Bishops Appeal
Tear Fund
Duke of Edinburgh Award
Christian Aid
Charity Jar (unrestricted)
487
910
86
ioio
55
1,552
22
1,018
Total
4A. Charity Allocations from church funds
Total
{ This is a sum allocated annually by the Trustees to add to the charity jar collection,
to support a number of charities not included in Collections for third parties.)
745
978
The above amounts have been included in Receipts for the year under "Charity collections" and
in Payments for the year under "Charity Donations"
5. Transartions with the Trustees
The parish paid expenses of £846 {ground rent, rates and boiler) relatinB to the running costs of the
vicarage which is occupied by the vicar. No trustee received any remuneration or reimbursement
of expenses during the year, except for the incumbent who received the following payments .
Stipend: £32,223 (less national insurance, vicar's pension contribution and income tax); Locomotory
expenditure of £787.73 and office allowance of £800
The Vicar's husband is a member of the select vestry and therefore a trustee.
He did not receive any expenses from the parish
No other trustee or a person related to a trustee had any personal interest in any contrart or
transaction entered into by the charity during the year
6 Governance costs
There were no govertjance costs incurred during the year
Page 8