St Colmanell's Church of Ireland
Annual report and flnanclal statements
For the year erKled 31 December 2024
Charltles Number: NIC103119

st Colmanelys Church of Ireland
Annual report and finan¢ial statements for the year ended 31 December 2024
Contents
Pages
References and administrative details
Trustees. annual report
Independent examlneffs report to the Trustees
Statement of financlal a¢tivtties
Statement of financial position
Notes to the financial statements
10-16

St Colmanelvs Church of Ireland
References and admlnlstralive detai
Charlty Narne:
St Colmanell's Church of Ireland
Charlty Registration Number:
NIC103119
Contart Add￿ss.
42 Church Street
Ahoghill
Ballymena
Co Antrim
BT42 2PA
Trustees
Dr Thomas Moodv
Mts Elaine McDonald
Mrs Rosemary Frayne
Mrs Heather Rainey
Rev Denni5 Christle
Vlr Geor8e Coulter
Mr William Armstrong
Mr Alvln Donaghy
Mr Stephen Mccallion
Mr Raymond Rainey
Mrs Anne Kee
Mr PhilipThompson
Mr William Shaw
Mr Nigel McNeil
Mr Bernard Frayne
Mr Nlall Campbell
Mrs Eileen Shaw
The following trustees resigned during the year:_
Mrs Donna Ashcroft
Mr Paul Leggett
Prlnclpal Offlce-bearers
Cler8y
Church Secretary
Church Treasurer
Church Warden - Cler8y
Church Warden- People
Rev Dennls Christle
Mrs Heathei Rainey
Mr William Armstrong
Or Thomas Moody
Mr Wllllam Shaw
Independent Exgmlner
Steven Potter FCA
Potter Finnegan Limited
Chartered Accountants
Unlt 25 The Courtyard Business Park
190 Galgorm Road
Ballymena
Co Antrim
BT42 IHL
Bankers
Danske Bank
Business Plus
PO Box 183
Donegall Square West
Belfast
8T1 6JS

Trusteeg Annual Report lorthe year ended 31 December 2024
The trustees present the annual report and accounts for the St Colmanell's Church of Ireland for the year ended 31
December 2024.
Objectlves and Actlvltles
The charltable purpose ofthe Church of Ireland is the advancement of Christianity.
The principal funrtion of St Colmanell's is to Support the advancement of the Christian rellglon by promotlng the whole
mission of the Church. pastoral. evangelisti¢, social and ecumenical. Being open to and engagin8 Wlth society as a whole
and offering 5UPPOrt for those needing help are fundamental to the practical delivery of the benefits of Christlanity.
As a result of activity In the pursuit of the advancement of the Christian religion. St Colmanell's has custody of property
and of records. materials and artefacts of si8nifican¢e trj the cultural and relÉgiou5 herita8e and maintenance of which is
undertaken by the select vestry of St Colmanell's.
Achlevements. Perfomiance & Public BenÈfft
The church has achieved Its objectives by the holdln8 of wular reli8ious Serv1￿$ and also holdlng varlous youth and
other actlvitie5 for the benefit of the local community. The church holds regular public worship service5 on Sundays and
worship 5er¥ices on Wednesdays and on other ottasions associated wlth Christian festivals throughout the year.
Calendar year 2024 contlnued on from 2023 wlth Churth services returning to normal based worshlp on a Sundav.
"Normal" services con5i5ted of Sunday morning prayer y￿rShiP wlth the fourth Sunday of the month being an all-age
service with a more relaxed format. An evening servlce was also conducted once a month. Sunday mornlng attendance
ranged from 80 to 110 attendees. Sunday School and crethe were fully fvnctioning on a Sunday morning.
Outside of the worship servlces, the church is nomally en8a8ed in several outreach programmes into the local
community. throu8h or8anlsations such the Knitting Club. Church members continue to Èn8age in outreach pro8rammes
by sendlng cards and/or newssheets at Easter and Christmas. The Church Fete resumed in 2023 along With other
successful outrea¢h activities, includin8 a Variety Night and a Pre-loved Clothes Sale.
The Rector and two parishioners from St Colmanell's went on an outreach mlssion to Ibba In South Sudan to help bulld
relations wtth the local church. Fund raising and don*ions from the congregation supported thls trlp.
The Parish has 8iven careful conslderatlon to the Charity Commission for Northern Ireland's guidance on publlc benefit to
ensure that the actives ente￿d 5nto during the year have helped to achieve the Parish's objectives and activities, as well
as provlding public benefft.
Flnanclal Re¥lew
Thè trustees conslder that the unrestricted funds of the church have sufficient resources and assets available which are
adequate to fulfil their obligations. A detailed analysis of parish income and expenditure 15 Set out in the notes to the
financlal statements.
General givlng has been reviewed bythe Trustees. and it Is recognlsed that whilst the level of glving has remained steady,
it ha5 not kept pace with inflation and the general increa5e5 in the cost of goods and services. Several letters and
presentations on givlng hève been presented to the con8re8ation, with regular givers indicating a wllllngness to provide
addltlonal support if required. The number of givers by monthly standing order had Increased to more than 65 by 31
December 2024, which provides a regular income to meet ongoing overheads.
DuTing 2024. the Parish distributed IO% of free will offerlng to Charitable eause5 across the local and wider community.
Distribution to charitable cause5 will continue in 2025.
Don3tions to the buildings fund have continued to average £L500 per month up to the end of DÈcÈmbÈr 2024.

Trustees, Annual Report for the year ended 31 De￿rnber 2024 Icontinued)
The trustees allocate income spe¢iFicolly deslgnated for building projects to a buildin85 fund. This is held to provide
funds for future building projects as the need arises. Fund5 are currently belng accumulated to assist with the intended
future constructton of a new Parish Centre. Full planning approval has been granted for the new Parish Centre in 2023.
The project to build the new Parish Centre took on a greater tsrgÈncy during 2024. The inflationary increase in the cost of
materials and professional service5 have resulted in a need to review the plans to explore all options vAth affordabilty
being the primary consideration. In order to demonstrate stewardship and governance. a Sub-committee was formed to
focus on the Parish Centre Projett and report back to the trustees.
It should be noted as the buildings fund 15 not a vknolly restricted fund. it has been agreed that, rf required. funds can be
moved to support all costs ofthe church.
Golng Coneern
The trustees have reviewed the budgets for the year ahead and are satlsfied that thero are adequate funds In place to
ensure that the Parish can contlnue its actlvlties and the financial statements for the year ended 31 December 2024 can
be sl8ned off as a 80ing concern.
Strurture, Governance and Management
GovÈrnlng Document and Constltution of the Chorlty
Chapter111 of the Constltution of the Church of Ireland 8overns Parishes and Parochial Organrsation. The Select Vestry
members are the Charlty Trustees.
Re¢ruitment andAppolntment olSele¢t Vesty
All members of the Church of Ireland who are over the age of 18 and are either resldent within the parish or live
elsewhere but have been accustomed members of the congregation for at least three months. may reglster as members
of the general vestry of the parish. This allows them to attend and vote at meetings of the general vestry and to stand for
election to the select vestry, Meetings of the general vestry are held at least once a year. The Select Vestry is elected as
part of this General Vèstry meetin8. The Select Vestry will hold their positlons for a period of onè yÈar. Select Vestry
members may be re.eleded annually and there is no limit on the number of term5 whlch may be served.
Pay and remuneratlon
The stlpend of the Incumbent of the Parfsh is pald directly by the Parish in accordance wlth flgures approved by the
General Synod of the Church of Ireland.
Orqanlsotionolstrurture
The solect vestry is responsible for the day to day management of the parlsh. The select vestry consists of the member
of the cler8y servin8 in the parish, any curate as5i5tsnt {"the curate°l. the churrhwardens, the 8lebe wardens and
generally not more than twelve other members of the general vestry elected at the General Vestry.
The select vestry is chalred by the incumbent or other member of the clergy offictating in the parish. Select vestry
members are responsible for making decisions on mattets of general concem and importance to the parish includlng
decidin8 how parish funds are to be applied.
The select vestry meets at time5 fixed by the members or by the diocesan synod. Speclal meetings may be convened at
any time by the chairperson or the churchwardens. In 2024 the Selert Vestry had 10 face to face meetin85 and an Easter
Vestry. Thè average attendance was more than 75%.

Trustee< Anoual Report forthe year ended 31 December 2024 (contlnued)
StatÈment of Trustees, Responsibllltles
The trustee5 are responsible for preparinE the Trustee￿ Report and the financial statements In accordanre with
applicable law and re8ulations.
The law appllcable to charitles in the Northern Ireland requires the trustees to prepare financial statements for each
rinancial year. Under that law the trustees have prepared the finafttial statements in accordance with Generally
Accepted Accounting Practice in the United Klngdom laccounting standards issued by the Financial Reporting Council In
the UK, includin8 Charities SORP (FAS 102)- Accounting and Reporting by Charitie5: Statement of Recommended
Practice applicable to charities preparing their accounts in accordance wÈth the Financial Reporting Standard applicable
in the UK and Republic of Ireland {FRS 1021.and promulgated by the Institute of Chartered Accountants In the United
Kingdom and United Kingdom Lawl Under that law the trustees must not approve the financial statements unle55 thev
are satisfled that they give a true and fair view of the state of the affairs of the charity and of the statement of financial
activities of the charity for that period.
In preparing these financial statements. the trustett ère ￿qUired to:
select suitable accounting pollcles and then apply them consistently
make judgments and estimates that are reasonable and prudent
state whether the financial statements have been prepared in accordan￿ with applicable Accounting Standards and
identify the standard5 in queslion. subject to ony material departures being disc105ed and explained in the finBnclal
statements,. and
prepare the flnancial statements on the going concern basls unles5 it is Inapproprlate to presume that the Parish will
contlnue as a going concem.
The trustees are responsible for keeping accountlng records that are sufficlent to show and explain the Parish's
transactions and disclose with reasonable accuraty at any time the financFal position of the Parish and enable them to
ensure that the financial statements comply with the Charltles Act (Northern Ireland) 2008, the Charity (Accounts and
Reports) Regulations (Northern Ireland) 2015 and the provi5i0n of the Constttutlon of the Church of Ireland. They are also
responslble for safeguardin8 the assets of the Parish and hen￿ for takin8 rea50nable steps for the prevention and
detectlon of fraud and other IrreBularitie5.
Statement as to dlxlosure to our Examiners
In so far as the trustees are aware at the tlmlng of approving our trustees. annual report:
there 15 no relevant informatlon of whkh the Independent Examiner is unaware; and
the tru5tee5 have taken 311 steps that they ought to have taken to make themselves aware of any relevant
Information ond to e5tabllsh that the charitys Independent Examiner is aware of that information.
Independent Examiners
The independent examiner, Steven Potter. has indicated his willlngness to continue in offi￿. and a re501utlon concerning
his rÈÈppointment will be proposed at the Annual Easter Vestry Meeting.
Slgned on behalf of the Trustees-
Rev Dennis Christ
Rector
Dr Thomas Moody
Trustee
Mr Wllllam Amistron8
Trustee
Date: _ 10 March 2025

Independent Examiners Report to the Trustee5 of St Colmanelvs Churth of Ireland
report on the accounts of St Colmanell's Church of Ireland for the year ended 31 De￿mber 2024, which are set out on
pages 8 to 16.
Respectlve re5ponslbllltles of trustees and examlner
As the chariW5 trustees. you are responsible forthe preparètion of the accounts. The tharitws trustees tonsider that an
aud5t is not required for this year under 5Èrtion 65121 of the Charities Act {Northern Ireland) 2ts)8 {the Charities Art) and
that an iTbdependent examination is needed. The charity is preparing accrual accounts, and l am quallfied to undertake
the examlnation by belng a qualified member of CharterÈd Accountants Ireland.
It TS my responslbllity to..
exèmlne the accounts under sertion 65 of the Charities Act (Northern Ireland) 2008
follow the procÈdvres laid down in the General Direttions gNen by the Charity Commi55ic>n for Northem Ireland
under settion 6519llbl of the Charities Att (Northern Ireland) 2008
state whether partlcular matters have come to my attention
Basts of Independent examlnerfs report
My examination wa5 carried out in accordance with the General Directions given by the Charity Commlsslon for Northern
Ireland. An examination includes a review of the attounting records held by the charity and a comparison of the
attounts presented with those records. It also includes consideratlon of any unusual Items or disclosures In the accounts
and seeklng explanation5 from you as trustees concernine such matters. The procedures undertaken do not provide all
the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present
true and falr vlew and the report Is Ilmlted to those matters set out in the next statement.
Indepethdent examinerfs Statement
In connection with my examinotlon. no matter has come to my attentlon:
Whlch gives me reasonable cause to belleve that in any material respert the requlrements:
to keep accounting records In accordance with section 63 of the Charities Act 2Q08
to prepare accounts whlch accord wlth the a¢countin8 records and comply wlth the accountlng requlrements of
the Charities Act 2008
Haye not been met, or
to whlch in my oplnion, attention should be drawn In order to enable a proper understanding of the accounts to
be reached.
¢oHe/
Steven Potter FCA
Potter Flnftegan Llmlted
Charterèd Accountants
Unit 25 The Courtyard Business Park
190 Galgorm Road
Ballymena
Co AntTim
BT42 IHL
Date:_ 10 March 2025

Statement of Financial Artlvltles for the year ended 31 December 21)24
Unrestricted Reslrirted End4)wment
Funds
Funds
Funds
2024
2024
2024
Total
2024
Total
2023
Income
Donation5 & legacies
Other trading activltle5
Investments
Charitable activities
Other income
84.160
8,659
1,170
2.339
11.925
23.366
9,176
2.081
107,526
17,835
3,251
2.339
11,925
111,S92
6.448
5,901
2,178
12.730
Total Income
108.253
34.623
142,876
138,849
Expendlture on:
Generating funds
Charltable activltles
Other
Total Expendlture
10,512
111.93S
10,512
111,93S
112.381
122.447
122.447
112.381
Net Income/ IExpendliure) before
transfers
(14,194}
34,623
20.429
26.468
Transfers between funds
Net Incomel IExpendlture} before other
reco8n15ed galn5 and losses
{14,1941
34,623
20,429
26.468
GainllLossl on Investments
Net rnovement In funds
114.194)
34,623
20,429
26,468
Reconciliatlon of funds:
Totsl funds brought forward
6L399
824,435
885,834
859.366
Total funds carrled forward
47,205
859,058
906,263
885,834

Statement of Financial Posltlon as at 31 December 2024
Note
2024
2023
Fixed Assets
Tangible Fixed Assets
Invostment Properties
Investments
Total fI￿d assèts
io
478,434
448,072
478.434
448,072
Current Assets
Debtors
Cash and cash equivalents
Total current assets
li
20,344
410,340
430.684
19,655
419.007
438.662
Credltors- amounts falling due wlthln one year
12
12.8551
1900)
Total creditors
(2,8551
19001
Net Curreftt Assets
427.829
437,762
Total net Assets
13
906,263
885,834
The funds of the parfsh
Unrestrlrted funds
General funds
Oesignated funds
Total unrestrirted funds
Restrlcted Funds
Endowrnent Funds
14
47.205
61.399
47.205
859.058
61.399
824,435
14
Total charlty fund5
906263
885,834
The notes on pages 10 to 16 are an inteerdl part ofthese financial statements.
The financial Statements were approved by the Board of Truste¢s at a meoting of the Select Vestry on 10 March 2025
and slgned on its behalf bv..
Rev Dennls Christle
Rertor
omas Moody
Trustee
Mr Wllllam Annthong
Trustee

Notes to the finan¢lal ststements for the year ended 31 December 21)24
l Accountln8 policies
The principal accounting policies adopted. judgements and key Sources of estimation uncertainty in the preparation of the
financial statements are as follows=
al Basls of preparalion
The financial stètements have been prepared on a going concern basis in accordance with Accountin8 and Reportin8 by
Charitles: Statement of Recommended Prartice applicable to charltÉes preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021- (Charities 50RP IFRS 102)). the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102}.
The Parish mpets the definitlon of a public benefit entlty under FRS 102. A55ets and liabilities are initially recognised at
historlcal cost and transaction value unless otherwise stated In the relevant accounting pollcy note{sl.
b) Preparation of ateounts on a 8oln8 concern basls
The Parish generally meets sts day to day working capital requirements from its annual Income. The Trustees have obtained
and reviewed cash flow forecasts for the coming year and based on these are satlsfied that the Parish has resources to
provlde a reasonable expertotlon that it can continue to meet its financial obligations as they fall due for the foreseeable
future. Therefore, these financial statements have been prepared on a 8Ofng concern basis.
c) Income
Plate Collections. Weekly Envelope5 and Graveyard income are acwunted for on a cash r￿pts basls as the amount Is
collected.
Income arising from the rentsl of the Church Hall facilitles to thlrd parties 15 recognised when the parish has entltlement
to the funds, any porformance condition5 èttached to the income have been met, It 15 probable that the income wlll be
received, and the amount can be measured reliabty.
Income from government and othergrants. whether'capitsl, grants or'revenue, grants, Is recognised when the charity has
entitlement to the funds. any performance conditions attached to the grants have been met, it is probable that the income
wlll be received. and the amount ¢an be rneasu￿d reliably and Is not deferred.
Legacies are included within Income under either unrestricted or restricted funds according to the terms under which the
donation Is made and when the amount tan be quantified with reasonable certainty. Donations and 8lfts in kind are
brought into the attounts at their fair value to the Parish.
d) Expendlture
ExpenditurÈ is recognised once there is a le8al or constrvctive obli8ation to make a payment to a third party. it is probable
that settlement will be requlred. and the amount of the obligation can be measured reliably.
Irrecoverable VAT is charged as a cost agalnst the actNity for which the expenditure was Incurred.

Notes to the financlal statements for the year ended 31 December 2024
l Accountlng polkles (continued)
e) Tangible assets
The assets of the Parish comprise:_
Church 8uilding and Graveyard
Church Hall
Glebe House
Fixtures and fittings
The Church Bulldln8 and Graveyard are deemed to be Herltage assets as defined by the Charities SORP IFRS1021.
These Heritage assets are not included on the balance sheet as inforniation on the c05t or valuation is not available and
such Information cannot be obtained at a ost commensurate with the benefrt to the users of the accounts and to the
Parish.
The Church Hall was bullt In the 19Ws. There are no reliable records of the costof thls construction and valuatlon approach
for such a buildlng lacks sufficient reliability. As a result. this building is not recognised in the parish balance sheet.
The Glebe House is recogni5ed at Cost, belng the estimated fair value of the property at year end. No depreciation has
been provided on the Glebe House as the current estimated residual value Is not le￿ than its carryin8 value and the
remaining usefvl life currently exceeds 50 years.
Flxiures and FSttlngs are recognised at cost and are depreciated on a straight-line basis over a period of 10 years.
The assets. residual values and useful Ilves are reviewed, and adjusted, if appropriate, at the end of each reporting perlod.
The effect of any change is accounted for prospectlvely.
Tanglble assets are derecognised on dlsposal or when no luture economic benefits are experted. On disposal. the
difference between the new disposal proceeds and the carrying amount is recognised in the statement of financial
actlvltles and included in 'Other operating11055es)18ains'.
fj Investments
Fixed a55et Investments comprlslng investment properties, investments in equities and Investment in RC81CIT Unlt 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 asse55ed annually for impalm￿nt. Unreallsed gain5 and losses
represent the difference between the falr valuè at the be8lnnin8 and end of the financial year or, if purchèsed in thè 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 dlsposal and the falr ¥alue at the start of the year or cost if purchased in the year. Both realised
and unrealised galns and losses in investments are reported within "Net Galns / ILossesl on Investments" Withln the
Statement of Financial Activities.
zl Cash and cJ5h equfvalents
Cash and cash equivalents includes cash in hand. deposits held at call with banks, other short-term highly Ilquld
Investments with original maturitie5 of three month5 or less and bank overdrafts. Bank ovÈrdraft5 are shown wlthin
Creditors Amounts falling due within l year.
h) Yinanclal Inslruments
The Par15h only hasfinancial assets ènd ftnancial IlabllÈtie5 of a kindthatqualifyas basicfinanclal Instrument5. Baslcflnandal
instruments are initially reco8nised at transattion price and subsequently measured at their settlement value.

Notes to the flnanclal statements for the year ended 31 Detember 2024
A¢countlng polldes Icontinued)
i) Funds
Funds are classified as etther restricted funds or unrestricted funds, defined as follows:
Restricted fund5 are funds subject t0 Specific requirements as to their tjse which may be declared by the donor or with
their authority or created through legal processes, but still wlthin the wider objects of the Parish.
Endowment funds are funds which have beèn given on the condition that the original capitsl sum is not redu￿d, but the
Income there from is used for the purpose defined in accordance wFth the objects ofthe Parlsh.
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 earmarked at the dlscretion of the trustees for a particular purpose. they are deslgnated as a
separate fund. This deslgnation has an administrative purpose only and does not legalty ￿striCt the trustees, discretlon to
apply the fund.
2 Crltl¢al accountlngJud8emènts and estlmatlon un¢ertathty
Estimates and Judgment5 made in the process of preparing the financial Statements are wntlnually evaluated and are
based on historical experience znd other factors, includln8 expectations of future events that are belleved to be
reasonable under the clrcumstances. The Tru5tee5 do not consider that there are any crltlcal Judgments made in applying
the Parlsh's accountlng policies or that there are any crltical accounting estimates or assumptlons which may have a
significant rlsk of causing a material adjustment to carrying amounts of assets and liabilities withln the next financlal
year.

Note$to the financlal statementsforthe year ended 31 December 2024
Dohatlons and legacies
Unrestrkted Restricted
Fund5
Fund5
2024
Endowment
Funds
2024
Total
2024
Total
2023
Weekly envelopes l FWO
Tax recovered on donations
Legat1È5
Oonations
Grants
67.397
15.420
16,Sg0
3.047
83.987
18,467
86,566
17.752
2,(M)O
5,274
1.343
3.729
5,072
84,160
23,366
107,526
111,592
4 Other tradlng activities
Pr&loved clothing sale
Ibba Trlp
Varlety concert and qulz
Summerfete
General fundraising
1,113
1.113
7.741
3,320
3.393
2.368
17.835
1,337
7.741
3.220
3.393
1.450
9,176
3,209
1,902
6,448
918
8.659
Investments
Deposit interest
Bank Interest
1.088
82
1.170
1,088
2,163
3,251
814
5,087
5,901
2.081
2,081
6 Charltable artivltles
Graveyard income
General fundraising
2,125
214
2.339
2.125
214
2,339
1,465
713
2.178

Notesto the financTal staternentsfor the year ended 31 December 2024
7 Anatysls ot Expendlture
Unrestrlrted
Funds
2024
Restrlcted
Funds
2024
Endownent
Funds
2024
Total
2024
Total
2023
GeneratlnK Funds
Fundraising costs
Ibba Trip
Other
8,674
1.838
8.674
1,838
10.512
10.512
Charitable Actlvltles
Wages and salaries
Dlocesan costs
Church running costs
Glebe costs
Charitable donations
Admin15tration costs
Total empenditure
50.580
19,121
13.534
13.160
5,255
10,285
111.935
50.580
19,121
13.534
13.160
5,255
10,285
111,935
50,321
18,400
18,904
7,210
7,165
10.381
112,381
Total Exp•ndlture
122.447
122.447
112,381
Governance c05t5 are included within admlnlstratlon costs above.
8 Taxation
st Colmanell's Church of Ireland Is recognlsed as a charity for the purposes of appllcable taxation leg151atlon and Is
therefore not subject to taxatlon on Its ¢harltable activities.
9 Analysls of stsff ¢osts. trustee renwnerntion and expenstt, and the ¢ost of key mana8emert personnel
Employees
2024
2023
Salarles and wages
National insurance costs
50,321
50,321
Total
50,321
50,321
The average number of employees durfng the year. calculated on the basls of a head count. was as follows:
2024
Number
Z023
Number
Minlsterlal support
Muslc staff
Premises maintenance

Notes to the fift0￿141 statements for the year ended 31 De￿mber 2024
There arÈ no employees in receipt of employee benefrts In Èxcess of £60.OIX).
Key Management and Trustees
Key management are deemed to comprise the Trustees. The parish paid expenses of £2.445 relating to the
running costs of the Glebe House which is occupied by the rertor. No trustee received any remuneration or
reimbursement of expenses during the year other than the Rector. The stlpend ar*d other expenses paid to the
Rector totalled £48.429 {2023 - £46,441).
No trustee or a person related to a trustee had any personal Interest in any contract or transaction entered into
by the charity durin8 the year.
10 Tangible fixed assets
Bulkllngs
Equlpment
Total
Cost
At beginnin8 of the year
Additlons
Disposals
At end ofthe year
442,292
20,055
97,546
13.574
539.838
33,629
462,347
111.120
573,467
Depredation
At beginnlng of the year
Depreciation
Olsposals
At end of the year
91.766
3,267
91,766
3,267
95,033
95,033
Net book value at be8innlng of the year
Net book value at end of the year
442,292
462,347
5,780
16.087
448,072
478,434
11 Debtors
2024
2023
Sundry debtors
Other debtors
20.344
19,655
20,344
19,655
12 Credltors Amounts Due wtthin l Year
2024
2023
Accruals and other credltors
2.855
2,855
900
900

Notes to the financlal ststements for the year ended 31 De¢ember 2024
13 Analysis of Net Assets Among Funds
Genernl Desi8nated
Restrkted Endowrnent
Total
Fixed Assets
Investments
Current Assets
Current Llabilities
Net assets al 31 Dec 2024
16.087
462,347
478,434
33,973
12.8551
47,205
396.711
430,684
{2,8551
906,263
859,058
14 Fund5 of the Parlsh
AtlJJn
2024
At 31 Dec
2024
Income
Empendlture
Transfers
Endowment fvnds
Restrlrt¢d funds
Buildin8s Fund
824.435
824,435
34,623
34,623
859,058
859.058
Unrestrleted funds
General Fund
61,399
61,399
108,253
108.253
1122,4471
1122,4471
47,205
47,205
Totsl funds
885,834
142.876
{122,447)
906,263
oses of Restrlcte
nd5
Bulldln8s Fund: Thls rlng fences funds for future bulldSng projects wlthln the Parbsh which are necessary to
support the church's worship and outreach pro8rnm.