PARISH OF KILCONRIOLA AND BALLYCLUG Annual report and financial statements For the year ended 31st Deeember 2022 Ch8ritie5 Number: NIC103115
PARISH OF KILCONRIOLA AND BALLYCLUG Annual report and financial statements for the year ended 31st Deeember 2022 Contents Pages Referenccs and administrative details Trustees, Aiinual Report Endependent examiners, report to the Trustees Slatem¢nt of financial activities Statement of financial position/Balance sheet Notes to the financial statements 10- 18
PARISH OF KILCONRIOLA AND BALLYCLUG References and administrative details Charity Name.. Parish of Kilconriola and Ballyclug Charity Registration Number: NIC103115 Contact Address.. St Patrick's Church Office Castle Street Ballymena BT43 7B T Trustees Trustees from 01.01.2022- 27.04.2022 Rev. Mark Mcconnell, Mr Alex McKay, Mr Alastair Marrs, Mr Ronnie Fleming. Mr Richard Cotter, Mr Dessie Dunlop. Mrs Vera Greer. Mrs Helen Weir, Mrs Sharon Doak, Mr Stephen Nevin. Mrs Carol Sloan, Mr William Burnett, Mr J Greer, Mr A McNeill, Mr H Swann, Mrs H Swann, Mr St Clair Beattie, Mr Barry Duke, Mr Billy Taylor, Mr Billy Gillespie. Trustees from 27.04.2022 - 31.12.2022 Rev. Mark Mcconnell, Mr D Dunlop, Mr R Fleming, Mr A Mas, Mrs V Greer, Mr A McNeill, Mrs S Doak, Mr W Burnett, Mrs H Weir, Mr A Adair, Mrs L Bell, Mr J Greer, Mr J Graham, Mr J Mawhinney, Mrs l Mawhinney, Mrs C Sloan, Mrs J Cunninoham, Mr R Atkinson, Mr B Taylor. Trustees a rovi this re ort Rev. Mark Mcconnell, Mr Ronnie Fleming, Mr Alex McKay, Mrs Sharon Doak, Mrs Carol Sloan, Mr Jim Mawhinney, Mrs l Mcconnell, Mr Robert Atkinson, Mr John Graham. Mr E Lynn, Mrs Lynda Bell. Mrs S Foster. Mrs E Peachey, Mr A Mccurdy, Mrs D Mccurdy. Mr A Cooke, Mr P Chestnutt. Principal Office-bearers Clergy.. Church Treasurer.. Rev. Mark Mcconnell Mr David Megaughin {2410512022 to 17103D023} Mrs. l Mcconnell (from 09105,2023) Mr. J Mawhinney Mrs. l Mcconnell Church Warden- Clergy: Church Warden - People: Independent Examiner lan Johnston (A.F.A.) For and on behalf of Stevenson and Wilson Chartered Accountants 22 - 30 Broadway Avenue Ballymena B1"43 7AA Banker5 First Trust Bank 78 Wellington Street Ballyrnena BT43 6AF
PARISH OF KILCONRIOLA AND BALLYCLUG Tru5tees' Annual Report for the year ended 31st December 2022 The tn15tees present the annual report and accounts for the Parish of Kilconriola and Ballyclug for the year ended 31 st December 2022. Objeetives and Aetivities The charitable purpose of the Church of Ireland is the advancement of religion. The principal function of the Parish of Kilconriola and Ballyclug is to support the advancement of the Christian religion by promoting, through the work of the Parish of Kilconriola and Ballyclug the whole mission of the Church, pastoral, evangelistic, social and ecumenical. BeinLy open to and engaging with society as a whole and offering support for those needing help are fundamental to the practical delivery of the benefits of Christianity. As a result of activity in the pursuit of the advancement of the Christian religion, the Parish of Kilconriola and Ballyclug has custody of property and of records. rnaterials and artefacts of significance to the cultural and religious heritage and maintenance of which is undertaken by the select vesty of the Parish of Kilconriola and Ballyclug. Achievements, Performance & Public Benefit The Charity exists to further the teachings of Jesus Christ. principally within our locale, to promote His teaching to any and all who may be willing to leam and to encourage and enable His followers to take to heart His example and ty to lead their lives according to that example as best they might. How have we acted to fulfil our purpose? There have been regular Services of Public Worship which were open to all throughout the year in all three of our Churches on Sundays (and mid-week in Castle Street) with additional Services provided for particular outside organi5ations when requested. Our Clergy and lay-people have made great effort to provide pastoral ministy, particularly to the sick, the elderly and the young, and not only to parishioners but to anyone in the wider community who we could be of help to as we became aware of their need. Due to further relaxations following the restrictions fvom the coronavirus pandemic, more organisations and activities restarted during 2022. The Parish has dedicated Youth Workers who commit long hours of effort to supporting local youngsters through our Youth Club and educating them in the Christian religion through participation in Sunday School and Confimiation classes, and engaging with others through joining in events at the levels of our Rural Deanery and Diocese. The Parish also facilitates a range of organisations for people of all ages, and these are welcoming to anyon¢ who wishes to take part, whether or not they are members of the Church. We also like to support our local community by providing use of our premises to outside organisations where possible, for fund-raising events perhaps or regularly hosting the Blood Transfusion Service. We have continued to donate to and support our local Food-bank (organised by the Trussell Trnst) and given financial support to a variety of other local charitable causes, and some farther afield. The Parish also provides a source of archived records, and welcomes visitors to simply enjoy the historic buildings and their fittings and fumishings which are privileged to be the custodians of, principally the Church of St. Patrick in Castle Street, Ballymena which is a grade B listed building.
PARISH OF KILCONRIOLA AND BALLYCLUG Trustees, Annual Report for the yegr ended 31st December 2022 (continued) The general public benefit from all of these activities and resources. and no Trustee (other than clergy) receives remuneration, reward or other private benefit for carrying out their responsibilities as Trustees. In carrying out their responsibilities the Trustees have at all times had due regard to and cornplted with the guidance issued by the Charity Commission under Section 4(b) of the Charities Act. The Parish lias given carefvl consideration to the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the actives entered into during the year have helped to achieve the Parish's objectives and activitTes, as well as providing public benefit. Financial Review The Parish maintains three current accounts to meet our working expenses, a General Account, a Property Account and a Renovation Account which aims to cov¢r the costs of maintainino and improving our Properties. During the year our income for the General account was £177,852, and expenditure was £203,304. After £35,128 was transferred to various other funds, this left the general account with a deficit of £60,580 for the year. Restricted funds include Property, Renovation, Mission and Charities and Organisalion funds. During the year our restricted income was £2J5,865, and expenditure £441,855. The transfer of £35.128 from the General account to these restricted funds resulted in a deficit in restricted funds of £170,862. Our overall deficit for the year was £231,442 (surplus 2021: £71,385). Restricted expenditure has increased significantly as there was a major repair project at St Patricks. This started in 2021 and completed in 2022, with the total spend on this project in 2022 in excess of £365.000. The overall situation is that the Pariqhe5 income and expenditure levels remain closely monitored, although they have adequate reserves. The Select Vesty continue to seek ways to increase incorne and cost saving measures but remained confident that the situation would be improved ad as we continue to exercise good governance of the Parish. Going Coneern The trustees have reviewed the budgets for the year ahead and are satisfied that there are adequate ndS in place to ensure that the Parish can Continue its activities and the financial statements for the year end December 2022 Can be signed off as a going concern.
PARISH OF KILCONRIOLA AND BALLYCLUG Trustees, Annual Report for the year ended 31st December 2022 (continued) Structure, Governance and Management Governing Documenl and Conslilution of ilie Charity Chapter111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry members are the Charity Trustees. Recruitment andAppoinlpnent ofSel£cl Vestry All members of the Church of Ireland who are over the age of18 and are either resident within the parish or live elsewhere but have been accustorned members of the congregJation for at least three rnonths, may register a5 members of the general vesty of the parish, allowing them to attend and vote at meeting5 of the general vestry and to stand for election to the select vestry. Meetings of the general ve5ty are held at least once a year. lThe Select Vestry is elected as part of this General Vesty meeting. The Select Vesty will hold their positions for a period of one year. Select Vestry members may be re-elected annually and there is no lirnit on the number of ternis which may be served Pay and remuneration The Incumbent and Curate both receive a stipend in accordance with figures approved by the General Synod of the Church of Ireland along with office and locomotory allowances. Organisalional Slruclure The select vestry is responsible for the day to day management of the parish. The select vestry consists of the member of the clergy serving in the parish, any curate assistant ("the curate"), the cl)urchwardens, the glebe wardens and generally not more than twelve other Members of the general vesty elected at the General Vestry. The select vestry is chaired by the incumbent or other member of the clergy officiating in the parish. Select vestry members are responsible for making decisions on matters of general concern and importance to the parish including deciding how parish funds are to be applied. The Select vestry meets at times fixed by the members or by the diocesan synod. Special meetings may be convened at any time by the chairperson or the churchwardens. In 20?2 the Select Vcstry meet 9 times during the year and the average attendance was 86 %. Statement of Trustees, Responsibilities The trustees are responsible for preparing the Trustees. Report and the financial statements in a¢¢ordanc¢ with applicable law and regulations. The law applicable to charities in the Northern Ireland requires the trustees to prepare financial statements for each financial year. Under that law the trustee5 have prepared the financial statements in accordance with Generally Accepted Accounting Practice in the United Kingdom (accounting standards issued by the Financial Reporting Council in the UK , including Charities SORP (FRS 102) ' Accounting 8d Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) "and promulgated by the Institute of Chartered Accountants in the United Kingdom and United Kingdom Law).
PARISH OF KILCONiUOLA AAYD BALLYCLUG Trustees, Annual Report for tbe year ended 31st December 2022 (eoDtinued) Under that law the trustees must not approve the financial statements unless they are satisfied thatthey give a trne &nd fair view of the State of the affairs of the charity and of the statement of financial actlvities of the cbarity for that period. tn preparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently• make judgments and estkmates that are Teasonable and prudent state whether the fmancial statements have been prepared in accordaDce with applicable Accounting Standards and identify the standards in question, subject to any material departures being disclosed and explained in the financial ststements. and prepare the financial statements on the going concern basis unless it is inappr01ate to presume that the Parish will continue as a going con¢em. The trustees are responsible for keeping accounting records that are sufficient to show and explain the Parlsh's transactions and disclose with reasonable accuracy at any time the financial position of the Parish aod enable them to ensure that the fmancial statements comply with the Charities Act (Northern Ireland) 2008. the Charlty (Accouuts and Report5) R¢gulations (Northern Ireland) 2008 and the provision of the ConstitutlOD of the Church of treland. They are also responsible for safeguarding the assets of the Parish and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularities. Statement as to disclosure to our examiners In so far as the trustees are aware at the timing of approving our trustees, annual report: th¢re is no relevant inforniatlon of which the Independent Examiner is unaware; and the trustecs have taken all steps that they ougbt to have taken to make themselv¢s aware of any relevant infonnation and to establish that the cbatity's independent examiner is aware of that inforniation. Independent Examiners The examiner, Ian Johnston (A.F.A), for and on behalf of Steven50n and Wilson Cbartered Accountants, h8S indicated his willingness to continue in offic¢, and a resolution conc¢ming th¢ reappointment W&5 passed at tbc Annual E&ster Vesty Meeting. On Behalf of the Trustees Rev. Mark Mcconnell Mr. RoDnie Fleming- Secretary Mrs. I McConllell- Treasurer Date: 17th October 2023
PAIUSH OF KILCONRIOLA AND BALLYCLUG INDEPENDENT EXAMINERS REPORT TO THE CHARITY TRUSTEES OF THE PAIUSH OF KILCONRIOLA AND BALLYCLUG report on the accounts of the charity for the year ended 3 1st December 2022, which are set out on pages 8 to 18. Respective responsfibillties of eharlty trustees and examiner As the charity's trllste you are responsible for the preparation of the accounts in a¢cordan¢e with the Charities Act (Nortbern Ireland) 2008. It is my responsibility to: examine the accounts under section 65 of the Charities Act follow the procedures laid down in the g¢neral Directions given by the Coromission under section 65(9)(b) of the Chorities Act state whether particular matteTS have come to my attention. Basis of independent examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was caTried out in accordance with the general Directions given by the Charity Commission forNorthern Ireland under section 65(9)(b) of the Charities Act. My examination included a revi¢w of the accounting records kept by the chwity and a comparison of the accounts presented witb those recor(L8. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you &8 charity trust¢¢s concerning any such nlatters. My role is to stat¢ whether any material matters have come to my attention giving me cause to believe: l. That accounting rewrds wer¢ not kept in accordance with section 63 of the Charities Act 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with thc accounting Te(wTrrements of the Charities Act 4. That there is fither inforn)ation needed for a prop¢r UDd¢rstanding of the accounts to be reached. IDdependent exanthier's statsment I have completed my examination and have no concerns in respect of the matters (l) to (4) listed above and, in connection with following the Directions of the Charity Commission for Nortbern Irelan I have foundno matteTS that require drawing to your attention. lan Johnston (A.F.A.) For and on behalf of Steven50n and Wilson Chartered Accountants 22- 30 Broadway Avenue Ballyrnena BT43 7AA Date: 17th October 2023
PARISH OF KILCONRIOLA AND BALLYCLUG ststejnent of Financial Activities for the year ended 31st December 2022 Unrestricted Funds 2022 Restricted Funds 2022 Endowrnent Funds 2022 Total 2022 Total 2021 Note Income Donations & legyacics Other trading activities Investments Charitable activities Other income 153.255 9,718 10.099 722 4,058 235,470 388,725 9,718 10,394 722 4.158 447,025 295 19,692 1,561 16,739 loo Total Income 177,852 235,865 413,717 498,460 enditure on: Generating funds Charitable activities Other Total Ex 203,304 441,855 645.159 427,075 enditure 203,304 44l,855 645,159 427,075 Nel Income/ (Expenditure) before transfers (25.452) (205,990) (231,442) 71,385 Transfers between funds (35,128) 35,128 Net Income/ (Expenditure) before other recognised gains and losses (60,580) (170,862) (231,442) 71,385 Gain/(Loss) on investments assets Net movement in funds (60,580) (170,862) (231,442) 71.385 Reconciliation of funds: Total funds brought forward 4,460,544 377,276 4,837,820 4,766.435 Total fund5 carried forward 4,399,964 206.414 4,606,378 4,837,820
PARISH OF KILCONRIOLA AND BALLYCLUG Statement of Financial Position l (Balance Sheet) as at 31st December 2022 Note 2022 2021 Fixed Assets Tangible Fixed Assets Investment Properties Investments TotaR fixed assets io 4,169,451 4,169,451 175,680 4,345,131 175.680 4,345,131 Current Assets Debtors Cash and cash equivalents Totsl current a&sets 12 21.690 269,704 291,394 56,224 453,662 509,886 Creditors- amounts falling due within One year Bank Loans Total creditors 13 30,147 17.917 30,147 17,917 et Current Assets 261247 492,689 Total net Assets 4,606,378 4,837,820 The funds of the parish Unrestricted funds General funds Designated funds Totsl unrestricted funds Restricted Funds EDdowrnent Funds 14 4,399,964 4,460,544 4,399,964 206.414 4,460,544 377,276 14 14 Total charity funds 4,606,378 4,837,820 The notes on pages 10 to 18 are aD inte1 part of these financial ststements. The fmancial stat¢ments on pages 8 to 18 were approved by the Board of Trustees on 17th October 2023 and signed on its behalf by: Rev Mark Mcconnell Mr Ronnie FlemiJig- Secretary Mrs I Mcconnell - Tre&8urer Date: 17th Odober 2023
PARISH OF KILCONRIOLA AND BALLYCLUG Notes to the financial statements for the year ended 31st December 2022 Aceounting policies The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows: a) Basis of preparation The financial statements have been prepared on a going concem basis in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP {FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Parish meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost and transaction value unless otherwise stated in the relevant accounting policy note{s). b) Preparation of accounts on a going concern basis The Parish generally Tneets its day to day working capital requirement5 from its annual income. The Trustees have obtained and reviewed cash flow forecasts for the coming year and based on these are satisfied that the Parish has resources to provide a reasonable expectation that it can continue to meet its fjnancial obligations as they fall due for the foreseeable future. Therefore these financial statements have been prepared on a going concern basis c) Income Plate Collections. Weekly Envelopes, Graveyard income and Columbariurn income are accounted for on a cash re¢¢ipts basis as the amount is collected Income arising from the rental of Parish Centre facilities to third parties is recognised when the parish has entitlement to the funds, any p¢rforniance conditions attached to the income have been met, it is probable that the income will be received and the amount can be measured reliably. Income from government and other grants, whether'capital, grants or'revenue, grants, is recognised when the charity has entitlement to the funds, any perfonnance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Legacies are included withtn InLome under either unrestricted or restricted funds according to the tenns under which the donation is made and when the amount can be quantified with reasonable certainty. Donations and gifts in kind are brought into the accounts at their fair value to the Parish. d) Expenditure Expenditure is recognised once Ihere is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the arnount of the obligation can be measured reliably. Irrecoverable VA T is charged as a cost against the activity for which the expenditure was incurred. io
PARISH OF KILCONRIOLA AND BALLYCLUG Notes to the financial statements for the year ended 31st December 2022 (eontinued) l. Accounting policies (continued) e) Tangible assets The assets of the Parish comprise".- Church Buildings Hall Rectory Other properties Fixtures and fittings The Church Buildings at Castle Street and Ballyclug are deemed to be Heritage assets as defined by the Charities SORP {FRS102). These Heritage assets are not included on the balance sheet as infomiation on the cost or valuation is not available and such inforniation cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the parish. The church building at St Columba's is recognised at insurance values. No depreciation has been provided on this building as the current estimated Tesidual value is not less than its carrying value and the remainino useful life currently exceeds 50 years. The Castle Street Hall is recogni5ed at insurance values. No depreciation has been provided on the parish centre buildings as the current estimated residual value is not less than its carrying value and the remaining useful life currently exceeds 50 years. The Rectory 15 recognised at cost I deemed cost (based on insurance values), being the estimated fair value of the property at 31 st December 2022. No depreciation has been provided on the glebe house as the current estimated residual value is not less than it's carrying value and the remaining use1 life currently exceeds 50 years. The other properties, narnely the church lodge and 6 Rockgrove Brae, are also recognised at cost / deeined cost (based on insurance values), being the estimated fair value of the property at 31 st December 2022. No depreciation has been provided on the glebe house as the current estimated residual value is not less than its carrying value and the remaining useful life currently exceeds 50 years. Fixtures and Fittings have been recognised in the accounts based on valuation at 31 st December 2022. In future years, these will be depreciated over their useful life. The assets, residual values and useful lives are reviewed, and adjusted, if appropriate, at the end of each reporting period. The effect of any change is accounted for prospectively. Tangible assets are derecognised on disposal or when no future economic benefits are expected. On disposal, the difference between the new disposal proceeds and the carrying amount is reco(Fnised in the staternent of financial activities and included in 'Other operating (losses)/gains'. li
PARISH OF KILCONRIOLA AND BALLYCLUC Noles to the financial statements for the year ended 31st December 2022 (continued) l. Accounting policies {eontinued) D Investments Fixed asset investments comprising investment properties, investments in equities and investment in RCBICIT Unit Trusts are initially recorded at cost and are then subsequently stated at fair value at each balance sheet date. Investments in unquoted investments are recorded at cost and are assessed annually for irnpairn]ent. Unrealised gains and losses represent the difference between the fair value at the beginning and end of the financial year or, if purchased in the year, the difference between cost and fair value at the end of the year. Realised gains and losses represent the difference between the proceeds on disposal and the fair value at the start of the year or cost if purchased in the year. Both realised and unrealised gains and losses in investments are reported within "Net Gains / {Losses) on Investments" witliin the Statement of Financial Activities. g) Cash and cash equivalents Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-terni highly liquid investmeiits with original maturities of three months or less and bank overdrafts. Bank overdrafts are shown within creditors amounts falling due within l year. h) Financial instruments The Parish only has financial assets and financial liabilities of a kind that qualify as basic financial instrun]ents. Basic financial instruments are initially recognised at transaction price and subsequently measured at their settlement value. i} Funds Funds are ¢lass?fied as either restricted funds or unrestricted funds. defined as follow5. Restricted funds are ndS subject to specific requirements as to their use which rnay be declared by the donor or with their authority or created through legal processes, but still within the wider objects of the Parish. Endowment funds are funds which have been given on the condition that the original capital sum is not reduced, but the income there from is used for the purpose defined in accordance with the objects of the Parish. Unrestricted funds are expendable at the discretion of the trustees in furtherance of the objects of the charity. If parts of the unrestricted funds are earn)arked at the discretion of the trustees for a particular purpose, they are designated as a separate fund. This desionation has an administrative purpose only and does not legally restrict the trustees, discretion to apply the fund. 12
PARISH OF KILCONREOLA AND BALLYCLUG Notes to the financial statements for the year ended 31st December 2022 (continued) Critical accounting judgements and estimation uncertainty Estimates and judgments made in the process of preparing the financial statements are continually evaluated and are b&s¢d on historical experience and other factors, including expectations of tllre events that are believed to be reasonable under the circumstances. The Trustees do not consider that there are any critical judgments made in applying the Parish's accounting policies or that there are ai)y critical accounting estimates or assumptions which may have a significant risk of causing a material adjustment to carrying amounts of assets and liabilities within the nexi tinancial year. 3. Donations and legacies Unrestricted Funds 2022 Restricted Funds 2022 Endowment Funds 2022 Total 2022 2021 Weekly envelopes l FWO Tax recovered on Donations Collections/donations Mission and Charity giving Legacies Grants Other income - organisations 127,468 11,857 9,970 55,545 22,222 17,028 8.005 183,013 34.079 26,998 8,005 185,002 57,219 176,999 7,533 5,000 4,750 10,522 447,025 3,960 121,993 10,677 235,470 125,953 10,677 388,725 153,255 4. Other trading activities Rental Income Use of car park Other 4,749 4,969 4,749 4,969 8,785 4,658 9,718 9,718 13.443 5. Investments Interest on investments Dividends fr()rn investments 17 10,082 295 312 10,082 670 19,022 10,099 295 10,394 19,692 13
PARISH OF KILCONRIOLA AND BALLYCLUG Notes to the financial statements for the year ended 31st December 2022 (continued) Unre5trieted Restricted Funds Funds 2022 2022 Endowment Funds 2022 Total 2022 2021 6. Charitable activities Weddings and funerals Magazine income 500 1061 722 722 722 722 1561 7. Analysis of Expenditure Unrestricted Funds 2022 Restricted Funds 2022 Endowment Funds 2022 Total 2022 2021 Charitable Activities Wages and salaries Diocesan costslassessment Church runnino costs Charitable donations Administration costs Property costs other expenses - organisations 137,619 28,481 10,297 137,619 28,481 41,203 7,725 27,430 392,966 9,735 134,716 23,626 32.545 7,927 21,720 196,887 9,654 30,906 7,725 523 392,966 9,735 26,907 203.304 441,855 645,159 427,075 Govemanc¢ costs are included within Athninistration costs above. 14
PARISH OF KILCONRIOLA AND BALLYCLUG Notes to the financial statements for the year ended 31st December 2022 (eontinued) 8. Taxation The Parish of Kilconriola and Ballyclug is recognised as a charity for the purposes of applicable taxation legislation and is therefore not subject to taxation on its charitable activitie5. 9. Analysis of staff costs, trustee remuneration and expenses, And the cost of key management personnel Employees 2022 2021 Salaries and wages National insurance costs 133,434 4,185 130,589 4,127 Total 137,619 134,716 The average number of employees during the year. calculated on the basis of a head count, was as follows: 2022 Number 2021 Number Ministerial support Administration Other staff Premises maintenance There are no employees in receipt of employee benefits in excess of £60,000. Key Management and Trustees Key management are deemed to comprise the Trllstees. The parish paid expenses of £7,850 (2021: £2,698) relating the running costs of the rectory which is occupied by the rector. No trustee received any remuneration or reimbursement of expenses during the year other than the two clergy. The stipend and other expenses paid to the clergy totalled £78,757 (20?1- £76,416). No trustee or a person related to a trustee had any personal interest in any contract or transaction entered into by the charity during the year. 15
PARISH OF KILCONRIOLA AND BALLYCLUG Notes to the financial statements for the year ended 31st December 2022 (continued) 10. Tangible fixed assets Buildings Equipment Total Cost At beginning of the year Additions Grants received At end of the year 2,822,524 1,346,927 4,169,451 2,822,524 1,346,927 4,169,451 Depreciation At beginning of the year Depreciation Disposals At end of the year Net book value at beginning of the year Net book value at end of the year 2,822,524 2,822,524 1,346,927 1,346,927 4,169,451 4,169,451 I l. Investments Listed Investments Other Investments Total Balance at beginning of the year 175,680 17S,680 Balance at end of the year 175,680 175,680 Analysis of Investments Investments in RB Unit Trusts Other unlisted investments 10,587 165,09J 175.680 10,587 165,093 175,680 16
PARISH OF KILCONRIOLA AND BALLYCLUG Notes to the financial statements for the year ended 31st December 2022 (continued) 12. Debtors 2022 2021 Sundry debtors and prepayments 21.690 56,224 21,690 56,224 13. Creditors Amounts Due within l Year 2022 2021 Accruals and other creditors 30,147 17,197 30,147 17,197 14. Analysis of Net Assets Among Funds General Designated Restrieted Endowment Total Fixed Assets Investments Current Assets Current Liabilities Net assets at 31 st Dec 2022 3,992,854 175,680 233,399 (1,969) 4,399.964 176.597 4,169,451 175,680 291,394 (30.147) 4,606,378 57,995 {?8,178) 206,414 17
PARISH OF KILCONRIOLA AND BALLYCLUG Notes to the finaneial statements for the year ended 31st Deeember 2022 (continued) 15. Funds of the Parish At 1st Jan 2022 At 31st Dec 2022 Income Expenditure Transfer5 Endowment funds Restricted funds Renovation Fund Property Fund Mission and Charities Fund Organisation Funds 176,597 189.728 176,597 18,696 280 10,841 206,414 217,183 8,005 10,677 235,865 (424,395) (7,725) (9.735) (441,855) 36,180 10,951 377,276 (1,052) 35,128 Unrestricted funds GeneTal Fund 4,460,544 4,460,544 177,852 177,852 (203,304) (203,304) (35,128) 4,399.964 (35,128) 4,399,964 Total funds 4.837,820 413,717 {645,159) 4,606,378 oses of Restricted Funds Renovation Fund.. This is a fund to assist with the cost of building repairs, improvements and renovations. Property Fund.. This is used for the general running Costs of properties, maintenance, upkeep and repair. Mission and Charities Fund: This is a fund to be used towards mission and charity support. Organisation Funds: These are funds for the organisations running expenses and income. 18