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2022-12-31-accounts

dRummauL PaRish chuRch sc bRigid's ()I ACCOUNTS 2022

Drummaul Parish Church:

Honorary Treasurer's Report to the parishioners of Drummaul Parish Church.

I have pleasure in presenting the financial statements for the year ending 31st December, 2022.

The accounts have been prepared on a receipts and payments basis and in accordance with applicable accounting standards and under the historical cost convention and in accordance with Charities Law.

The deficit of income over expenditure for the year was -£2,260.20

Overall, the income in 2022, with respect to Freewill Offerings and Donations was approximately £4,000 less than the previous year. However, with the lifting of Covid restrictions, there was a greater focus on fund raising with £3,500 raised from the Royal Exhibition, £400 for Salvation Army and over £770 from the Band Concert. In addition, the 2021 Board of Education payment was received in early 2022 and has also been included in this year’s figures. As a result, the overall income increased by £5,765.25 over the previous year.

With respect to expenses, there was an increase in expenditure in 2022 of £2,160.79. While most expenses remained similar to the previous year, we did see a steep increase in the cost of Heating and Lighting costs, increasing by an additional £2,417 to £6,161 in 2022. There was also work carried out at the vicarage to replace a hedge and fence which cost £3,107.

The £69,324 held in the Ulster Bank Trust Accounts cannot be used by the church as this would be a breach of the Trust conditions.

William Spillane Honorary Treasurer

4th March 2022

Drummaul Parish Financial Statements for the year ending 31/12/2022
Income
Freewill Offerings & Subscriptions
Gift Aid
Special Collections
Down and Connor and Dromore Diocesan
Board of Education
Trust Income and Interest
Contributions from Duneane and Ballyscullion
Churches towards Vicar's Stipend & Expenses
Other Income
Donations
Maintenance Fund Subscriptions
Expenditure
Rev. Derek P. Kerr
Stipend
Locomotory Expenses
National Insurance
(including Employee share)
Pension Fund
Heating and Office Expenses Allowance
Wages & Services hired
R.C.B. General Fund Levy
Property Expenses - Church
Vicarage
Mission & Charitable Giving
Sunday School Expenses
General Expenses
Insurance
Heat & Light
Telephone
Water Rates
Stationary, Printing & Photocopying
Licenses
Bank Charges & Interest
Equipment
£
39,970.00
6,535.89
6,966.90
5,363.20
683.31
14,644.59
2,079.68
600.00
95.00
76,938.57
29,070.78
6,031.56
2,362.14
6,473.81
1,800.00
2,232.60
7,195.62
1,846.24
3,107.48
2,056.00
80.00
3,261.53
4,709.85
6,161.00
244.19
869.09
1,037.12
233.96
425.80
0
79,198.77

Drummaul Parish Church

Statement of Affairs at 31st December 2022

Assets
Ulster Bank Limited
Investment Accounts held in Trust
Current Account
Total Assets
Capital at 1st January 2022
Addition
Deficiency for Year
Balance at 31st December 2022
£
Trust Assets
69,324.00
Church Assets
-15,243.42
Badminton Club Accounts 2021
Capital at 1stJanuary 2022
£
Weekly Fees Received
77.00
Expenses
(0)
Balance at 31stDecember 2022
£
69,324.00
-15,243.42
54,080.58
56,340.78
-2,260.20
54,080.58
54,080.58
£
262.50
77.00
(0)
339.50

Bowling Club Accounts 2022

Capital at 1stJanuary 2022
£
Member Fees Received
140.00
Tea Money Surplus
0
Fees Paid
(165)
Expenses
(0)
Balance at 31stDecember 2022
£
201.28
0
(0)
176.28
Maintenance Fund Accounts 2022
£
Capital at 1stJanuary 2022 £ 1476
Subscriptions Received 95 95
Expenses 0 0
Balance at 31stDecember 2022 1551

Note: The maintenance fund monies are included within the main Current Account figures and have been separated out here for information only