St John the Baptlst Parlsh of Dunluce, Bushmills Receipts and Payrnents Account for the year ended 3151 December 2023 Restrirted Funds 2023 Endowment Funds 2023 Funds 2023 Total 2023 Totsl 2022 Recel Regular Dlrect Givins 80.175 80,175 81,245 Donatlon5 and Lesacles 6.789 6,789 4,329 FLrndralslng 2.988 2,988 2,772 Investment Income 72.191 72,191 67,620 Other Income 9,483 9.483 10,270 Parlsh Organisations 506 506 521 171,626 506 172,132 166,757 en Dlocesan Assessments 21,939 21,939 24.847 Stlpend and Staff Costs 48,983 48,983 64.880 Ministry and Outreach 2,896 2,896 1,790 Admlnlstration Costs 9.533 9,533 17.707 Property and Equipment Costs 57,493 57,493 48,394 Oonatlons 11.784 2.119 13,903 19,316 Parlsh Or8anlsatlon$ 591 591 489 alpa 152.628 2,710 IS5,338 176,823 Net Receipts/lPayments) for the year before transters 18.998 {2.2041 16,794 110,0661 FuThl Transfers Net Recelpts/ (Payments) for the year after transfer5 18,YJ8 12.2041 16.794 110.0661 C•sh Funds at Start of year 378,816 33 382,809 392,875 Cash Funds at end of year 397A14 1,789 399,603 382,809 Signed on Behalf of the Trustees iii 121 Neil Salisbury, Honorary Secretary Date: Reverend Brian Harper, Rect Date: Ig l¥T-
St John the Baptist Parish of Dunluce, Bushmills Statement of Assets and Liabilities as at 31 December 2023 Unrestricted Funds 2023 Restrictèd Fund$ 2023 Endowment Funds Total 2023 Total 202Z 2023 Cash Funds Cutrent Accounts 220,880 1,789 222,669 119.218 Dep051t AccDunts 176,934 176,934 263,591 Total Ca$h Funds 397,814 1,789 399,603 382,809 Investment Pssets RCB Unit Trusts 2,345.187 2,345,674 2,276,843 CIT Unlt TnJsts 24,875 24,875 23,774 Totsl Inv4$tment As$•ts 2,370,062 2.370,549 2,300,617 Assets retained for the Parlsh's own us• Parlsh Centre 1,001,871 1.001,871 1,001,871 Glebe House 352,418 352,418 3S2,418 Total Assets retained forthe Pèrish's own use L354,289 1,354,289 1,354.289 Slgned on Behalf of the Trustees (21 oil S¥lisbtsryi Honorary Se¢reta fteverend Brian M<irper, rte0 Date: Date:
St John the Baptist Parish of Dunluce, Bushmllls Notes to the financial statements for the year ended 315¢ December 2023 Accounting policies Set out below are the principal accounting pollcies whlch have been adopted in the compilatlon of the Receipts and Payments Account and the Statement of Assets and Liabilities. la) Re¢elpts and Payments Account All item5 of income and expenditure Included wlthin the Recelpts and Payments Account have been accounted for on a cash receipts basis. Ib) Statement of A55ets and Llabllltles (11 Assets retalnedAor the Parlsh s own use The asset5 of the Parish, retained for Its own use comprise: Church Bulldlng and Graveyard The Church 8uildln8 and Graveyard are deemed to be Heritage assets as deftned by the Charities SORP IFRS102). These Heritage assets are not included in the statement of assets and liabllltles as informatlon on the cost or valuation Is n¢t available and such Informatlon cannot be obtalned at a cost commensurate with the benefit to the users of the accounts and to the parlsh. Par15h Centre The Parlsh Centre Is recognised at rebuild cost for Insurance purp05e5. Thls was professlonally assessed in 2010 followin8 completion of major refurblshment and renovation works. No depreciatlon has been provided on the Parish Centre bulldln8s a5 the current estimated residual value Is not less than its carryln8 value and the remaining useful life currently exceeds 50 year5. Rertory The Rectory is reco8nised at the c05t of major refurbishment, extension and renovatlon work5 completed in 2013. No depreciation has been provided on the Rectory as the current estimated residual value is not less than Its carying value and the remaining useful life currently exceeds 50 years. All property Is vested in trust with the Representative Church Body. (11) Investments Investments in RCB/CIT Unit Trusts are initially recorded at cost and are then subsequently stated at fair value at each year end date.
St John the Baptlst Parlsh of Dunluce, Bushmills Notes to the financlal ststements foT the year ended 31st December 2023 {continued) 2. Movement in Cash Funds ljan 2023 Incoming Resources Outgoln8 Resources 31 Dec 2023 Transfers R•$trlcted funds Yei Dl¢¢e5e 2.119 121191 Bowling Club 1,874 506 15911 1,789 3.993 506 12,7101 1,789 Unrestrlrted funds General Fund 378,816 171,626 1152,6281 397.814 Total Funds 382,809 173,196 1154.1681 399,603 05es e5trl nds Yel Dlocese.. Funds ralsgd to support the development of Chr15tlan mlnlstry In Yel, Sydan Bowllng Club: Funds raised to cover thelr running costs and future development. Movement In Investment Funds Valuatlon l Jan 2023 Tr4n5f•rs In Transfers Out V•lu•tlon Adjustment Valuatlon 31 Dec 2023 Endowment Funds Bequests 26,214 1,174 27,388 Restrl¢ted Funds Capltal Fund 2.274.403 68,271 2.342,674 Tot41 Invèstment Funds 2,300.617 69,445 2.370,062 Endow ent Funds Bequests- The total value of a number of historlc endowments. The Parish ha5 no access to the capltal value. Annual investment income is pald to the Parish under the terms of the endowment to defray specified oporating costs o. Stlpendi grave upkeep. estrict d Fund5 Capital Fund: The 541es proceed5 of Parish glebe lands and property Is held In trust by the RCB. The Parish has restritted access to these fund5 for approved propety capltal expendSture only. Investment income Is pald to the Parish to defray general operating costs. io
St John the Baptlst Parfsh of Dunluce. Bushmills Note5 to the financial statements for the year ended 31st December 2023 {continued} 4. Collectlons for Thlrd Partles 2023 2022 8lshop< Appeal 706 2,250 Chrlrtion Ald 985 Royal 8fltish Le8lon 597 CMSI (Yell 243 NI Hospice 1.030 2,531 3,280 The above amounts have been Included In R¢celpts for the Year under "Re8ular Glvln81Donatlons" and In Payments for the year under 'Donatlons". S. Transactions wlth the Trustees The Parish pald two indivlduaLs who were trustees for part of the year (the Sexton and the Parish Admin5tratorl a total sum of £19,110 for salarie5 and le8itimate expenses. Neither individuals were present at any meetlngs, discusslons or votes where there was a potentlal confllct of Interest. li