Receipts and Payments Account for the year ended 318t December 2024
Unrestricted
Funds
2024
Restrlcted
Funds
2024
Endowment
Funds
2024
Total
2024
Total
2023
Recel ts
Donations & plate collection
Proceeds from Fund Raising Events
Collections for Third Parties
Bank & Deposit Interest
Investment Income
Rental Proceeds
Grants
Other Receipts
Receipts from Parlsh Organisation's
Legacy Income
Total Rec
10,737
2,335
10,737
2,335
767
1,385
294
150
11,129
150
1,152
1,272
271
150
5.000
5,359
34,878
1,000
60,361
767
1,385
294
150
12
io
4,490
43,592
4,490
43,592
62,983
767
63,750
Pa
ments
Wages and Salaries
Diocesan Costs / Assessment
Church Running Cost5
Glebe House Shared Runnlng Cost$
Collections for Thlrd Parties
Admlnistratlon Cost5
Payments to Parish Organlsatlons
Fundraising Costs
Grant Expenditure
ChLtrch Website Costs
Total P
ents
li
45,488
1,044
6,281
254
154
225
691
400
45,488
1,044
6,281
254
921
225
691
400
38,885
1,224
6,786
494
675
533
586
767
5,993
300
55,476
54,537
767
55,304
Excess of Recelpts over Payments for
the year before transfers
8,446
8,446
4,885
Transfers
Excess of Re¢elpts over Payments for
the year
8,446
8,446
4,885
On Behalf of the Trustees
Trustee I
Trustee 2
c JoJ4SWrf

Statement of Assets and Liabllltle5 a5 at 31rt December 2024
Unrestrlcted
Funds
2024
Restrlcted
Funds
2024
Endowment
Funds
2024
Total
2024
Total
2023
Cash Funds
Current Accounts
Deposit Accounts
Cash
Total Cash Funds
32,571
32,571
35,699
210
68,480
25,720
34,314
35,699
210
32,781
35,699
60,034
Investment Assets
Equity Investments
Other Listed Investments
Investments in RCB / CIT
Unlt Trusts
1275 Units of R8 General
Unit Trust Nl
Other unlisted investments
Investment Propertles
Total Investment Asset5
1,370
1,370
1,345
1,370
1,370
1,345
Assets retalned for the
Parlsh's own use
Fixtures and Fittin8S
Shared Rectory
24,01)0
24,000
24,0(10
Total Assets retalned for
the Par15h's own use
24,000
24,000
Total Assets
56,781
35,699
1,370
93,850
85,379
On Behalf of the Trustees
Trustee I
Trustee 2

Note5 to the financial statements for the year ended 311t December 2024
Accountlng pollcies
Set out below are the prlncSpal accounting policies which have been adopted in the compilation of the Receipts and Payments
Account and the Statement of Assets and Liabilities
(a) Recelpts and Payments Account
All items of income and expenditure included within the Receipts and Payments Account have been accounted for on
cash receipts basis.
(bl Statement of Assets and Llabllltles
111 Assets retolnedfvr the Porlsh's own use
The assets of the Parish, retained for Its own use comprlse'.-
Church Building and Graveyard
Glebe National School
Glebe Field
Flxtures and flttin85
15 Oaklands, Loughbrlckland 110% Share)
The Church Bullding and Graveyard are deemed to be Herltage assets as deflned by the Charlties SORP IFRS1021
These Heritage assets are not included in the statement of assets and liabilities as information on the cost or valuatlon is
not available and such Infomiatlon cannot be obtained at a cost commensurate wlth the benefit to the users of the
accounts and to the parlsh.
The Glebe Natlonal School was bullt In 1818. There are no rellable records of the cost of thSs construction and valuation
approach for such a buSldin8 lacks sufflclent reliabillty, As a result this building Is not reco8nised In the parish statement
of assets and liabilitles.
The Glebe Field Is physlcally attached to the Glebe Natlonal School and as such Is not separable as an indlvldual a55et.
There are no rellable records of the c05t of thls acqulsition and valuation approach for such land lacks sufflcient rellabllltv.
As a result this field Is not reco8nlsed in the parlsh statement of assets and liabilities.
Fixtures and Fittlngs are deemed to be Heritage a55ets as defined by the Charities SORP IFRS1021. These fixtures and
fittings are artefacts contaSned within the Church Building and their preservatlon and contributlon to culture are anclllary
to faith and other purposes. Heritage a55ets are not included in the statement of assets and liabilities as Snformation 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 parlsh.
In December 2022, the Parish purchased a IO% share In 15 Oaklands, Loughbrlckland to be used as a shared rectory
between the Aghaderg and Scarva Parishes. Donaghmore Is responsible for IOYO of the running costs. The market value
and purchase price of the property in December 2022 was £240,000 wlth IO% equating to £24,000.
11) Investmentg
Fixed asset investments comprlsin8 investment propertles, investments In equitles lordinary shares) and investment In
RCB/CIT Unit Trusts are Snitially recorded at cost and are then subsequently stated at fair value at each year end date.
Investments in unquoted Snve5tments are recorded at cost and are assessed annually for impairment

Notes to the flnancial statements for the year ended 31st December 2024 {contlnued)
Reconcillatlon of Cash Funds
Total Cash Fund5 at Beginning
of the year
Receipts for the Year
Payments for the Year
Total Cash Funds at end of the
year
60,034
63,750
{55,3041
68,480
3. Movement In Funds
Transfers I
Investment
Galn (Loss)
Atljan
2024
IncomlnB
Resources
Out8olng
Resources
At 31 Dec
2024
Endowment funds
Inv
ment In R
Trust
Mrs FE Patterson Bequest
Mrs FE Patter50n Bequest
Miss JG Burnett Bequest
Mrs AM Lucas Bequest
Mr5 K Robinson Bequest
Mrs K Robinson Bequest
Mrs MA Garrett Bequest
Mrs MA Kldd Bequest
41
41
42
42
391
34
93
187
54
43
384
33
92
183
53
42
869
17
886
Restrlcted funds
Investment in RCB General Unlt
Trust
Church Officers Composltion
Glebe Profit Sale
Glebe Profit Sale
Buildin8 Fund
476
34,314
1,385
35,699
34,790
1,385
36,183
Unreslritted funds
Designated Graveyard Fund
General Fund
Shared Rettory
9,211
16,509
24,000
49,720
4,490
57,875
13,0291
152,2751
12,025}
2,025
8.647
24.134
24,000
56,781
62,365
155,3041
Total funds
85,379
63,750
155,3041
25
93,850
io
Notes to the flnanclal statements for the year ended 31S1 December 2024 Icontlnued)

Pur
oses of Endowment Funds
Investment in RCB General Unit Trust comprises eleven individual trust funds. There are eight funds which are
solely to do with endowments. They are as follows:
Miss FE Patterson Bequest- Income from thi5 f und is to assist with the Condition of the Grave
Miss FE Patterson Bequest- Income from this f und is to assist with the Stipend.
Miss JG Burnett 8equest- Income from this fund is to be used for Parish purposes and the Condition of the
Grave
Mrs AM Lucas Benefactory- Income from this fund is to assist with the Grave
Mrs K Robinson Bequest- Income from this fund 15 to assist with the Poor at Chrlstmas
Mrs K Robinson 8equest- Income from this fund is to assist with the upkeep of the Church.
Mrs M A Garrett Beque5t- Income from this fund is to assist with the upkeep of the Scott Grave,
Mrs MA Kidd Bequest- Income from this fund is to asslst with au8mentation.
oses of Restricted Funds
Investment in RCB General Unit Trust comprises eleven individual trust funds. There are three funds which are
restricted. They are a5 follows..
Church Officers Composition Balance- Thls fund is to asslst wlth the Stipend
Rectory Proflt Sale- This fund Is spllt equally. One half derives from the sale of the rectory property and is to be
used for the benefit of Donaghmore Parish in a way to be a8reed by the RCB, Diocesan Council and Oona8hmore
Select Vestry. This fund was cashed in to pay for the Shared Rectory in December 2022.
Rectory Proflt Sale- This fund Is spllt equally. One half derlve5 from the sale of the rectory property and is to be
used to pay for Church Repairs. This fund was cashed In to pay for the Shared Rectory in December 2022.
Bulldlng Fund.. Thls Is comprised of two separate bank account5 whlch are both used for the purpose to as51St with
the maintenance and renewal of the Church property.
Pur
oses of D I nated Funds
Graveyard Fund: The Trustees have set aside funds for the maintenance and upkeep of the Church Graveyard and I
or other needs of the Church.
General Fund: This fund covers all expendlture and receipt transactlons except for those which demand separate
fund accountln8. Thls fund is to assist wlth all areas of the Church Life alongslde the maintenance and upkeep of all
the Church Assets.
4. Collectlon$ for Thlrd Partles
2024
2023
Poppy Appeal
Southern Area Hospice
B Positive
Bishops Appeal
102
275
190
200
641
767
1,152
The above amounts have been included In Receipts for the Year under'collectlons for Third Parties" and In Payments for the
year under"Collections for Thlrd Parties" Differences between that received and paid out is due to rounding up cheques to
third charitie5 upon approval of Vestry.
loo
411
li

Notes to the flnanclal statements forthe yearended 31 December 2024 Icontlnuedl
S. Transartlons with the Trustees
The parlsh paid £254 relatlng to the shared running costs of the Church Rectory. No trustee received any remuneration or
reimbursement of expenses for the running costs of the Church Rectory during the year.
Trustee, Norman McKnlght, is connected wlth the rental income from the Glebe FSeld. The Rental Income for 2024 was £150
12023 £1501.
Trustee, Neil McKnight, was enga8ed to maintaln the Graveyard. In 2024, he was paid £2,40012023 £2,400) for carrying out his
work.
Trustee, Gretta Jackson, was engaged to maintaln the Church In the role of Sexton. In 2024, she was paid £75012023 £7501.
6. Admlnlstratlon Cost$
2024
2023
Bank Fees
Statlonery
OfferSng Envelope5
Independent Examlner Glft
125
50
145
153
185
50
533
50
225
Governance costs of £ 50 were Incurred durin8 the year of whlch £50 relates to a gift pald to the Independent Examlner.
Governance costs are Included within Administratlon costs in the Receipts and Payments Accounts.
7. Church Runnln8 Costs
2024
2023
Electrlclty
16001
1,049
817
iii
60
821
857
95
670
262
2,400
584
114
70
Church Insurance
Water Rates
Church Repairs
Flre & Defence
Grass-cutting
Graveyard Expenses
Mcminn Boiler Services
Gift for Lay Reader
Christian Copyri8ht Licenslng
Steeplelack
Safeguardin8 Trust
Disposable Cups
Reverend Expense5
Reverend Wedding Gift
Donation In Memory ofthe Late Canon Little
2,400
2,109
93
270
282
58
50
18
277
200
6,786
6,281
The above amounts have been included in Payments for the Year under"Church Runnlng Costs."
12

Notes to the financlal statements forthe year ended 31 December 2024 (continued)
8. Collertlonsfrom Fundralslng Costs
2024
2023
Church Fund5
2,335
2,335
150
150
The above amounts have been included in Receipts for the Year under "Collectlons from Fundralslng."
g. Rental Proceeds
2024
2023
Glebe Field
150
150
150
150
The above amounts have been included In Receipts for the Year under 'Rental Proceeds."
10. other Recelpts
2024
2023
Glft Ald
R Kernaghan Church Talk
Graveyard Donatlon and Fees
Amazon Smile
2,259
300
2,780
20
5,359
4,490
4,490
The above amounts have been Included In Recelpts for the Year under"Other Receipts."
11. Wages and 5alarles
2024
2023
StSpend
PAYE
Vislting Clergy
Sexton
Organlst
Visltlng Organist
36,141
6,937
215
750
1,350
95
45,488
29,107
7,610
248
750
1,140
30
38,885
The above amounts have been Included in Payments forthe Year under"Wa8es and Salaries."
13

Notes to the financlal statement5 for the year ended 31 December 2024 {continued)
12. Investment Income and Expenditure
2024
2023
Investment Income
RCB Trust Income
294
271
The above amount ha5 been included in receipts for the Year under"Inve5tment Income..
14