CHARITY REGISTRATION NUMBER: NIC103473
Christ Church Kilkeel
Unaudited Financial Statements
31 December 2022
PURDY QUINN
Chartered accountants
Northern Bank House
42 Greencastle Street
KILKEEL
Co Down
BT34 4BH

Christ Church Kilkeel
Financial Statements
Year ended 31 December 2022
Page
Trustees, annual report
Independent examiner's report to the trustees
Statement of financial activities
Statement of financial position
Notes to the financial statements
The following pages do not form part of the financial statements
Detailed statement of financial activities
21
Notes to the detailed statement of financial activities
23

Christ Church Kilkeel
Trustees. Annual Report
Year ended 31 December 2022
The trustees present their report and the unaudited financial ststements ofthe charity ft)r the year ended
31 December 2022.
Reference and administrative details
Registered charity name
Charity registration number
Principal office
Christ Church Kilkeel
NIC103473
Clo Mrs Gwen Chambers
24 Aughnaloopy Road
KILKEEL
Co Down
The trustees
Rev A Calvin
Mr S Seed
Mrs G E Chambers
Mrs S Johnston
Miss M S Teggaty
Mr l J Henderson
Mr D O Henderson
Mrs K A Campbell
Mr A S Tomkins
Mr A E Charleton
Mr D J Charleton
Mr T O Hanna
Mr J E Henderson
Mr A Graham
Mrs K Henderson
Mr S Henderson
Mr M Nicholson
Mrs G McAtee
Mr C Morris
Miss C Hamilton
Mr M Donald
(Resigned April 2022)
(Appointed April 2022)
{Appointed April 2022)
(Appointed April 2022)
(Appointed April 2022)
(Resigned April 2022)
(Resigned April 2022)
(Resigned April 2022)
(Resigned April 2022)
Independent examiner
Purdy Quinn
42 Greencastle Street
KILKEEL
Co Down
BT34 4BH

Christ Church Kilkeel
Page 1
Trustees. Annual Report (contlnued)
Year ended 31 December 2022
Structure, governance and management
Governing Document and Constitution of the Charity
Chapter I I l of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation.
The Select Vestry members are the Charity Trustees.
Recruitment and Appointment of Select Vestry ITrustees}
All members of the Church of Ireland who are over the age of 18 and are either resident within the parish
or live elsewhere but have been accustomed members of the congregation for at least three months
may register as members of the general vestry of the parish, allowing 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 Vestry meeting.
The Select Vestry will hold their positions for a period of one year. Select Vestry members may be re-
elected annually and there is no limit on the number of terms which may be served.
Organisational Structure
The Select Vestry is responsible for the day-to-day management of the parish. The Select Vestry
consists of the member of the clergy seNing in the parish, Rector's Warden, Hon. Treasurer, Hon.
Secretary, People's Warden and generally not more than Iwelve other members of the General Vestry
elected at the General Vestry meeting. 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 2022 the Select Vestry met
10 times during the year.
Compliance with Public Benefit
The Parish has given careful consideration to the Charity Commission for Northern Ireland's guidance
on public benefit to ensure that the activities entered into during the year have helped to achieve the
Parish's objectives and activities, as well as providing public benefit.
Objectives and activlties
The charitable purpose of the Church of Ireland is the advancement of religion.
The principal function of the Church of Ireland is to support the advancement of the ChrTStian religion by
promoting, through the work of the Christ Church Kilkeel the whole mission of the Church, pastoral,
evangelistic, social and ecumenical. Being 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 Church Of Ireland
Kilkeel Parish has custody of property and of records, materials and artefacts of significance to the
cultural and religious heritage and maintenance of which is undertaken by the select vestry of the Christ
Church Kilkeel.

Christ Church Kilkeel
Page 2
Trustees. Annual Report (continued)
Year ended 31 December 2022
Achievements and performance
The Church of Ireland in general and Christ Church Kilkeel in particular meets the public benefit
requirement by providing benefit to its members and the general public by making known the Christian
Gospel of the Lord Jesus Christ through the advancement of religion. The direct benefits which flow
from the purposes of the Church include the gaining of an understanding in Christian beliefs as set out
in the Bible and in the Church's subordinate teachings at times such as baptism, confirmation and
marriage leading to spiritual and moral development and opportunities for response to Bible teaching.
In turn, this framework leads to practical expressions of Christian beliefs and standards in the local
community such as through the care of those in need (including the sick, disabled and bereaved).
Generally, the above benefits are delivered locally in a parish context but from time to time a Diocesan
context will be in place. Local delivery can be facilitated by central resources in some cases. Public
access is made known through the use of noticeboards, printed material, press advertisement, websites,
social media, personal invitation or in other ways. The benefits are demonstrated through regular
feedback (formal and ad-hoc) from members, their families, and members of the public. The
beneficiaries of this purpose are members, their families, other individuals that the Church of Ireland is
in direct and indirect contact with, the community in which pastoral services are provided and other
communities throughout the world via missionary agencies and individuals reached and benefiting from
the work of Christ Church Kilkeel.
While prayer is a part of our worship services, other prayer activities such as prayer ministry, prayer
triplets and occasionally prayer on the street are all activities available to and benefiting the whole
community. The prayer triplets, initiative is a recent development and over 50 triplets have been formed
and are being nurtured currently.
Children, Young People, the Elderly and Families attending and not attending the regular services
offered by the parish are welcomed along to activities and organisations held in our facilities. Links with
statutory groups and other community groups is also prominent in the parish, and a reflection of our
ability and desire to integrate with and serve the whole community in the distinctive manner that being
a Church of Ireland Parish lends itself to. Full attention is given to relevant Child Protection and
Vulnerable Adult legislation compliance with the Church of Ireland Safeguarding Trust policy is given.
An archive of records is available to the public on request for no fee. Public enjoyment of cultural and
historic buildings and artefacts, such as church plate, furnishings and materials as well as an overall
improved appreciation of longstanding Christian heritage is a real public benefit and something Christ
Church Kilkeel promotes, for example, visiting local schools and local scF7ools visiting our church
buildings.
Through conservation efforts in respect of records, propety and artefacts, links with the past are saved
and greatly appreciated by many in the wider society we inhabit.
The beneficiaries are the congregation and the general public. The public valuation of the benefits can
be evidenced through attendance at public worship and the activities and organisations linked directly
and indirectly to Christ Church Kilkeel. Any private benefit arising out of the fulfilment of our Christian
Ministry or to our lay staff is essential to the fulfilment of the purpose of the advancement of religion. No
member of the Select Vestry receives remuneration, reward or other private benefit for carrying out their
Select Vestry responsibilities.

Page 3
Christ Church Kilkeel
Trustees. Annual Report (continued)
Year ended 31 December 2022
Financial review
The congregation's main sourTr of income is members, contributions through the Weekly Freewill
Offering. However, during the year additional funds were raised towards the cost of a building project
which was commenced towards the end of the current year.
Total Income of the congregation during the year was £356,004 (2021- £226,745>.
The expenditure for the year was £196,84412021 £150,039).
The reserves of the Charity at 31 December 2022 totalled £879,924 {2021- £733,828).
Reserves Policy
The Trustees have considered the level of unrestricted reserves that is appropriate to hold, taking
account of current and ongoing commitments. It is the policy of the Trustees to hold at least three
month's normal expenditure. At the year end unrestricted reserves were £109,201 (2021 £93,741)
which represents a higher level of reserves. The Trustees however, consider it prudent to hold reserves
at this level as the funding of its present activities is dependent on the ongoing financial support of its
members.
Going Concern
The Select Vestry have reviewed the finances for the year ahead and are satisfied that there are
adequate funds in place to ensure that the Parish can continue its activities and the financial statements
for the year ended 31 December 2022 can be signed off as a going concern.
The trustees, annual report was approved on 27 October 2023 and signed on behalf of the board of
trustees by..
Rev A Calvin
Trustee
Mrs S Johnston
Trustee

Christ Church Kilkeel
Independent Examiner's Report to the Trustees of Christ Church Kilkeel
Year ended 31 December 2022
Page 4
I report to the trustees on my examination of the financial statements of Christ Church Kilkeel ('the
charity'} for the year ended 31 December 2022.
This report is made solely to the charity's Trustees, as a body, in accordance with section 65(3)(a} of
the Charities Act Northern Ireland 2008 and regulations made under section 66 of that Act. My work has
been undertaken so that I might state to the charity's Trustees those matters l am required to state to
them in an independent examiner's report and for no other purpose. To the fullest extent permitted by
law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees
as a body, for my work or for this report.
Responsibilities and basis of report
As the trustees of the charity, you are responsible for the preparation of the financial statements in
accordance with the requirements of the Charities Act (Northern Ireland) 2008 (the '2008 Act'}. You are
satisfied that your charity is not required by Charity law to be audited and have chosen instead to have
an independent examination.
It is my responsibility to..
examine the financial statements under section 65 of the Charities Act.,
follow the procedures laid down in the general Directions given by the Charity Commission for Northern
I reland under section 65(9)Ib) of the Act., and
state whether particular matters have come to my attention.
Basis of independent examiner's report
I have examined your charity financial statements as required under section 65 of the Charities Act
and my examination was carried out in accordance with the general Directions given by the Charity
Commission for Northern Ireland under section 65(9){b) of the Charities Act.
My examination included a review ofthe accounting records kept by the charity and a comparison of the
accounts presented with those records. It also included consideration of any unusual items or
disclosures in the financial statements, and seeking explanations from you as charity Trustees
concerning any such matters
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection
with my examination giving me cause to believe that in any material respect..
accounting records were not kept as required by with section 63 of the 2008 Act., or
the financial statements do not accord with those records., or
the financial ststements do not comply with the accounting requirements of the 2008 Act-, or
the financial statements do not comply with the applicable requirements Concerning the form
and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008
other than any requirement that the accounts give a 'true and fairf view which is not a matter
considered as part of an independent examination.
I confirm that there are no other matters to which your attention should be drawn to enable a proper
understanding of the accounts to be reached.
PURDY QUINN
Chartered Accountants
42 Greencastle Street
Kilkeel
BT34 4BH
ndepen
nt
xaminer
Lesley Houston FCA
Chartered Accountants Ireland
Date
27 October 2023

Christ Church Kilkeel
Page 5
Statement of Financial Activities
Year ended 31 December 2022
2022
Restricted Endowment
funds
funds Total funds
2021
Unrestricted
funds
Note
Income and endowments
Donations and legacies
Charitable activities
Investment income
Total funds
159,543
14,554
134,927
43,556
3,417
294,470
58,110
3,424
262,623
564
3,558
Total income
174,104
181,900
356,004
266,745
Expenditure
Expenditure on
charitable activities
158,647
38,197
196,844
150,039
150,039
Total expenditure
158,647
38,197
196,844
Net Income
15,457
143,703
159,160
116,706
Other recognised gains and losses
Net gains on investments
Net movement in funds
(13,068)
(13,068)
(13,068)
146,092
8,455
125,161
15,457
143,703
Reconciliation of funds
Total funds brought forward
Total funds carried forward
93,744
529,998
673,701
110,089
97,021
733,831
608,687
733,828
109,201
879,923
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 8 to 22 fomi part of these financial statements.

Christ Church Kilkeel
Page 6
ststement of Financial Position
31 December 2022
2022
2021
Note
Fixed assets
Tangible fixed assets
Investments
14
15
599,861
127,021
324,665
140,089
726,882
464,754
Current assets
Debtors
Cash at bank and in hand
16
29,747
210,865
37,075
319,039
240,612
356,114
Creditors". amounts falling due within one year
Net current assets
17
2,570
238,042
2,040
354,074
Total assets less current liabilities
964,924
818,828
Creditors: amounts falling due after more than one year
Net assets
18
85,000
85,000
879,924
733,828
Funds of the charity
Endowment funds
Restricted funds
Unrestricted funds
97,021
673,702
109,201
879,924
110,089
529,998
93,741
733,828
Total charity funds
20
These financial statements were approved by the board of trustees and authorised for issue on 27
October 2023, and are signed on behalf of the board by..
JLJ•
Rev A Calvin
Trustee
Mrs S Johnston
Trustee
The notes on pages 8 to 22 form part of these financial statements.

Page 7
Christ Church Kilkeel
Notes to the Financial Statements
Year ended 31 December 2022
General information
The charity is a public benefit entity and a registered charity in Northern Ireland and is
unincorporated. The address of the principal office is 24 Newry Street, Kilkeel, Co Down, BT34
4DN.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Ststement 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 IFRS 102)) and the Charities Act {Northern Ireland) 2008.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going Concern
There are no material uncertainties about the charity's ability to continue.
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 January 2020. Details of how
FRS 102 has affected the reported financial position and financial performance is given in note 23.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated ftjnds are unrestricted funds earmarked by the trustees ft)r particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through
the terms of an appeal and fall into one of sub-classes.. restricted income funds or endowment
funds.

Christ Church Kilkeel
Page 8
Notes to the Financial Statements (continued)
Year ended 31 December 2022
Accounting policies (¢ontlnued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity,. it is probable that the economic benefits associated with the transaction will
flow to the charity and the amount can be reliably measured. The following specific policies are
applied to particular categories of income..
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the accounts
when received if the value can be reliably measured. No amounts are included for the
contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of financial
activities to which it relates..
expenditure on raising funds includes the costs of all fundraising activities, events, non-
charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the charity
nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
be￿een the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
The assets of the Parish, retained for its own use, comprise the following:
The Church Building and Graveyard are deemed to be Heritage assets as defined by the
Charities SORP {FRS102). These Heritage assets are not included in the statement of assets
and liabilities as information 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 parish.

Christ Church Kilkeel
Page 9
Notes to the Financial Statements (continued)
Year ended 31 December 2022
Accounting policies {contlnuedJ
Tangible assets (continued)
Carginagh Church is deemed to be Heritage assets as defined by the Charities SORP
(FRS102). These Heritage assets are not included in the statement of assets and liabilities
as information 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
parish.
The Parish Church Hall is physically not attached to the heritage assets but is centred within
the church grounds. Given its location it is the opinion of the Select Vestry that valuation
approach for such a building lacks sufficient reliability- As a result, this building is not
recognised in the parish statement of assets and liabilities.
Cornerstone House is not physically attached to the heritage assets but is connected to the
hurch grounds. It is the opinion of the Select Vestry that valuation approach for such a building
lacks sufficient reliability. As a result, this building is not recognised in the parish statement of
assets and liabilities.
Rectory - this propety stands on its own grounds and could be placed on the open market
without breaching any terms of Trust governing that propety. Hence the rectory is valued at a
deemed cost equivalent to the market value of similar type properties in the locality as
determined by the Select Vestry.
Fixtures, Fittings & Minibus are recognised at cost and are depreciated at 15 % on a straight
line basis over a period of 6.67 years
Depreciatlon
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value,
over the useful economic life of that asset as follows..
Fixtures and fittings
Motor vehicles
150/0 Straight line
150/0 Straight line
The Rectory is recognised at deemed cost, being the estimated fair value of the propety at 31
December 2022. No depreciation has been provided on the rectory as the current estimated
residual value is not less than it's carrying value and the remaining useful life currently exceeds 50
years.
Investments
Unlisted equity investments are initially recorded at cost, and subsequently measured at fair value.
If fair value cannot be reliably measured, assets are measured at cost less impairment.
Listed investments are measured at fair value with changes in fair value being recognised in
income or expenditure.
Investment property
Investment propety is stated at its fair value at each reporting date and any changes in fair value
are recognised in income or expenditure.

Page 10
Christ Church Kilkeel
Notes to the Financial Statements (contlnued)
Year ended 31 December 2022
Accounting policies (continued)
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount
of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit
to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets
that includes the asset and generates cash inflows that largely independent of the cash inflows
from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are
not recognised until there is reasonable assurance that the charity will comply with the conditions
attaching to them and the grants will be received.
Vlfftere the grant does not impose specified future performance-related conditions on the recipient,
it is recognised in income when the grant proceeds are received or receivable. Vvhere the grant
does impose specified future performance-related conditions on the recipient, it is recognised in
income only when the performance-related conditions have been met. Vvhere grants received are
prior to satisfying the revenue recognition Criteria, they are recognised as a liability.
Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments.
Basic financial instruments are initially recognised at transaction value and
subsequently measured at their settlement value with the exception of bank loans which are
subsequently measured at amortised cost using the effective interest method.
Defined contribution plans
The charity operates a defined contribution pension scheme, and the pension charge represents
the amounts payable by the charity to the fund in respect of the year.

Christ Church Kilkeel
Page11
Notes to the Financial Statements (continued)
Year ended 31 December 2022
4. Donations and legacies
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Donations
Freewill
Gift Aid
Offertories
Gift Day
Sundry donations
Money in lieu of flowers
Graveyard fees
Missions
Harvest
Gift Aid Interest
Diocese of Dromore & Down
Special Collections
Youth Fellowship
119,508
21,846
2,599
119,508
30,372
2,599
13,535
25,533
8,526
13,535
23,910
1,623
2,965
2,965
1,056
7,540
136
1,510
1,565
251
1,056
7,540
138
1,510
1,565
251
Grants
Sundry Grants receivable
Building Grants
Grants receivable- Church Capital Repairs
2,900
70,000
15,000
2,900
70,000
15,000
159,543
134,927
294,470
Unrestricted
Funds
Restricted Total Funds
Funds
2021
Donations
Freewill
Gift Aid
Offertories
Gift Day
Sundry donations
Money in lieu of flowers
Graveyard fees
Missions
Harvest
Gift Aid Interest
Special Collections
Donation for window repair
Grants
Coronavirus Job Retention Scheme
105,721
20,862
1,862
105,721
37.131
1,862
54,870
33,846
1,835
400
1,602
6,900
63
399
10,000
16,269
54,870
32,577
1,835
1,269
400
1,602
6,900
63
399
10,000
7,994
125,546
7,994
262,623
137,077

Page 12
Christ Church Kilkeel
Notes to the Financial Statements (continued)
Year ended 31 December 2022
Charitable activities
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Hall rental income
Sunflower Fields & Crafts
Fundraisinglcoffee morning
Mums & Toddlers
Funeral Teas
Girls Brigade
Boys Brigade
100
100
40,412
1,144
1,097
700
7,248
7,409
40,412
1,144
1,097
700
5,248
7,409
2,000
14,554
43,556
58,110
Unrestricted
Funds
Restricted Total Funds
Funds
2021
Hall rental income
Mums & Toddlers
Funeral Teas
Sundry income
384
384
180
180
384
180
564
Investment income
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Income from investment properties - Wayleave &
Conacre
Income from listed investments- Dividends &
Carginagh Investment
Bank interest receivable
3,417
3,417
3,417
3,424
Unrestricted
Funds
Restricted Total Funds
Funds
2021
Income from investment properties - Wayleave &
Conacre
Income from listed investments - Dividends &
Carginagh Investment
Bank interest receivable
160
160
3,396
3,396
3,556
3,558

Page 13
Christ Church Kilkeel
Notes to the Financial Statements (continued)
Year ended 31 December 2022
Expenditure on charitable activities by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Advancing Christianity
Support costs
155,586
5,061
37,501
696
191,087
5,757
160,647
38,197
196,844
Unrestricted
Funds
Restricted Total Funds
Funds
2021
Advancing Christianity
Support Gosts
124,339
5,018
129,357
20,198
484
144,537
5,502
20,682
150,039
Expenditure on charitable activities by actlvity type
Activities
undertaken
directly Support costs
Total funds
2022
Total fund
2021
Advancing Christianity
Governance costs
191,087
3,884
1,873
194,971
1,873
147,758
2,281
191,087
5,757
196,844
150,039
Analysis of support costs
Analysis of
support costs
activity 1 Total 2022 Total 2021
Premises
Communications and IT
General office
Finance costs
Governance costs - Accountants fees
156
669
891
2,169
1,872
156
669
891
2,169
1,872
111
679
1,050
1,381
2,281
5,757
5,757
5,502
10. Net income
Net income is stated after chargingl(crediting)'.
2022
2021
Depreciation of tangible fixed assets
4,282
4,282

Christ Church Kilkeel
Page 14
Notes to the Financial Ststements (contlnued)
Year ended 31 December 2022
11. Independent examination fees
2022
2021
Fees payable to the independent examiner for..
Independent examination of the financial statements
600
600
12. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows..
2022
2021
Wages and salaries
Employer contributions to pension plans- Note 20
61,976
7,153
69,129
63,720
6,945
70,665
The average head count of employees during the year was 412021.. 5). The average number of
full-time equivalent employees during the year is analysed as follows..
2022
No.
2021
No.
Number of stsff - type 1
Number of staff - type 2
Number of staff - type 3
No employee received employee benefits of more than £60,000 during the year {2021'. Nil).
13. Trustee remuneration and expenses
The Minister of the congregation, Rev Alison Calvin, is a trustee of the charity- The Minister
received remuneration of £42,925 {2021 £41,647) which includes allowances of £3,890 (2021
£3,898), office allowance £800 (2021 £800). A pension contribution £2,798 {2021 £2,717) under
Net Pay arrangement together with a locomotory allowance of £2,700 (2021- £2,700) is also paid
in her capacity as the Minister of the congregation. An employer's pension contribution of £2,939
(2021- £3,019) was also paid to the Church of Ireland Pension Scheme in respect of Rev A Calvin
See note 20.
Trustees D & A Charleton (through their building company) successfully tendered for the Church
building project which commenced towards the end of2022. The payments made to F J Charleton
Building Contractors Ltd during the 2022 year amounted to £305,540 (2021 £37,020). These
payments were made on a commercial basis. The trustee D Henderson (through his IT & Design
company) received a total of £165 (2021 £174) on a commercial basis.
No other trustees received any remuneration, and no other trustees claimed any expenses during
the year in connection with their duties.

Christ Church Kilkeel
Page 15
Notes to the Financial Statements (continued)
Year ended 31 December 2022
14. Tangible fixed assets
Freehold Fixtures and
propety
fittings
Motor
vehicles
Total
Cost
At 1 January 2022
Additions
313,449
260,849
24,648
21,917
4,000
342,097
282,766
At 31 December 2022
574,298
46,565
4,000
624,863
Depreciation
At 1 January 2022
Charge for the year
At 31 December 2022
14,966
6,970
21,936
2,466
600
17,432
7,570
25,002
3,066
Carrying amount
At 31 December 2022
At 31 December 2021
574,298
24,629
934
599,861
313,449
9,682
1,534
324,665
15. Investments
Shares in
Investment
group
properties undertakings
Total
Cost or valuation
At 1 January 2022
Additions
Fair value movements
30,000
110,089
140,089
(13,068)
97,021
{13,068)
127,021
At 31 December 2022
30,000
Impairment
At 1 January 2022 and 31 December 2022
Carrying amount
At 31 December 2022
30,000
30,000
97,021
127,021
At 31 December 2021
110,089
140,089
All investments shown above are held at valuation.
Listed investments
The aggregate market value of listed investments is £97,021 (2021.. £110,089).
Investment properties
Investment propety consists of farmland, approximately 3 acres, which was bequeathed to the
church many years ago. The Trustees have valued this propety at a market value of £10,000 per
acre i.e. £30,000 in total. The Trustees consider this value has not changed significantly in the past
few years and is not in excess of the open market value for the property.

Christ Church Kilkeel
Page 16
Notes to the Financial Statements (continued)
Year ended 31 December 2022
16. Debtors
2022
2021
Other debtors
29,747
37,075
17. Creditors: amounts falling due within one year
2022
2021
Trade creditors
2,570
2,040
18. Creditors: amounts falling due after more than one year
2022
2021
Other creditors
85,000
85,000
19. Pensions and other post retirement benefits
The Rector of the Congregation is a member of the Church of Ireland DC Pension Scheme for
Clergy in Northern Ireland. In addition to the current years contributions to this pension fund, in
order to secure the solvency of the Fund a levy has been paid by each Diocese with effect from 1
June 2013. The total amount paid is as follows:
2022
2021
Employer's contributions
Pension Levy
Total pension contributions paid
3,110
4,043
3,021
3,925
7,153
6,946

Christ Church Kilkeel
Page 17
Notes to the Financial Statements (contlnued)
Year ended 31 December 2022
20. Analysis of charitable funds
Unrestrieted funds
At
1 Jan 2022
Gains and
At
losses 31 Dec 2022
Income Expenditure
Transfers
General funds
Youth Fellowship
Fund
Mums & Toddlers
Fund
Bowling Club
Fund
Building Fund
Graveyard Fund
Funeral Teas
Fund
Sick & Poor Fund
Motor vehicle
Fixtures & Fittings
Boys Brigade
Girls Brigade
72,420
155,603
(144,115)
{5,638)
78,271
1,094
251
(810)
755
1,290
726
1,g22
(1,650)
498
1,497
232
1,364
4,827
232
1,284
7,027
(100)
(765}
2,965
4,080
22
1,534
7,442
707
{190)
4,598
22
934
7,405
2,919
3,742
(600)
(3,809)
(5,102)
11,506}
(158,647)
3,772
613
7,408
5,248
93,741
174,104
109,201
At
1 Jan 2021
Gains and
At
losses 31 Dec 2021
Income Expenditure
Transfers
General funds
Youth Fellowship
Fund
Mums & Toddlers
Fund
Bowling Club
Fund
Building Fund
Graveyard Fund
Funeral Teas
Fund
Sick & Poor Fund
Motor vehicle
Fixtures & Fittings
60,875
135,557
(123,5121
(500)
72,420
604
{10)
500
1,094
1,202
1,504
(1,980)
726
231
1,364
4,439
232
1,364
4,827
400
(12)
4,079
22
2,134
10,685
85,635
4,080
22
1,534
7,442
(600)
13,243}
(129,357)
137,463
93,741

Christ Church Kilkeel
Notes to the Financial Statements (continued)
Year ended 31 December 2022
Page 18
20. Analysis of charitable funds fcontinuedj
Restricted funds
At
1 Jan 2022
Income Expenditure
Gains and
At
losses 31 Dec 2022
Transfers
Building Fund
Carginagh Land
Church Propety
Fixtures & Fittings
Gift Aid - Building
Fund
Coronavirus JRS
Donations
Mums & Toddlers
Foodbank
Investment
income
Boys Brigade
Girls Brigade
162,024
30,000
313,449
2,240
168,006
(18,631) (270,627)
40,772
30,000
574,299
17,225
260,850
18,146
{3,161)
16,269
(8,368)
7,901
1,056
1,550
4,071
(1,056)
{1,550)
(6,189)
5,623
3,505
393
3,417
1,800
2,000
(3,810)
{1,800)
(2,000)
{38,197)
529,998
181,900
673,702
At
1 Jan 2021
Income Expenditure
Gains and
At
losses 31 Dec 2021
Transfers
Building Fund
Carginagh Land
Church Propety
Fixtures & Fittings
Gift Aid - Building
Fund
Coronavirus JRS
Donations
Mums & Toddlers
Foodbank
Investment
income
104,519
30,000
275,000
679
96,346
{392) (38,449)
162,024
30,000
313,449
2,240
38,449
2,000
(439}
5,075
11,194
7,994
2,001
2,075
6,116
(7,994)
{2,0011
(2,075)
(4,618)
16,269
6,125
2,000
5,623
3,556
129,282
{3,163)
(20,6821
393
421,398
529,998
Transfers during the year ended 31 December 2022 related to the newly built propety being
recognised as completed church propety.

Christ Church Kilkeel
Page 19
Notes to the Financial Statements (continued)
Year ended 31 December 2022
20. Analysis of charitable funds (continued)
Endowment funds
At
1 Jan 2022
Gains and
At
losses 31 Dec 2022
Income Expenditure
Transfers
Investments
110,089
(13,068)
97,021
At
1 Jan 2021
Gains and
At
losses 31 Dec 2021
Income Expenditure
Transfers
Investments
101,634
8,455
110,089
Investments are made up of the following
2022
20201
RBC Investments- RB General Unit Trust {Nl)
Church of Ireland Trustees- CIT Unit Trust
Diocesan Board of Education - Educational
Endowments Ilreland) Scheme 89- pro rata
share of units
10,162
377
10,951
420
86,482
98,718
110,089
Valuations as at 31 December
97,021
21. Analysis of net assets between funds
Unrestricted
Funds
Restricted Endowment Total Funds
Funds
Funds
2022
Tangible fixed assets
Investments
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Net assets
8,339
591,522
30,000
137,180
599,881
127,021
240,612
(2,570}
(85,0001
879,924
97,021
103,432
(2,570)
(85,000)
673,702
109,201
97,021
Unrestricted
Funds
Restricted Endowment Total Funds
Funds
Funds
2021
Tangible fixed assets
Investments
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Net assets
8,976
315,689
30,000
269,309
324,665
140,089
356,114
{2,040)
185,000)
733,828
110,089
86,805
12,040}
(85,000)
529,998
93,741
110,089

Page 20
Christ Church Kilkeel
Notes to the Financial Statements (continued)
Year ended 31 December 2022
22. Capital commitments
As at 31 De￿mber 2022..
All construction work undertaken in connection with the building of a new annex to the church,
which commenced in 2021, is fully completed and fully paid up.
As at 31 December 2022, there are no capital commitments.

Christ Church Kilkeel
Management Information
Year ended 31 December 2022
The following pages do not form part of the financial statements.

Christ Church Kilkeel
Page 21
Detsiled Statement of Financial Activities
Year ended 31 December 2022
2022
2021
Income and endowments
Donations and legacies
Freewill
Gift Aid
Offertories
Gift Day
Sundry donations
Money in lieu of flowers
Graveyard fees
Missions
Harvest
Diocese of Dromore & Down
Gift Aid Interest
Special Collections
Youth Fellowship
Donation for window repair
Grants receivable - Church Capitsl Repairs
Sundry Grants receivable
Government grant income
119,508
30,372
2,599
13,535
25,533
105,721
37,131
1,882
54,870
33,846
1,835
400
1,602
6,900
2,965
1,056
7,540
1,510
136
1,565
251
63
3g9
10,000
85,000
2,900
7,994
294,470
262,823
Charltable activities
Hall rental income
Sunflower Fields & Crafts
Fundraisinglcoffee morning
Mums & Toddlers
Funeral Teas
Boys Brigade
Girls Brigade
Exceptional income from charitable activities
100
40,412
1,144
1,097
700
7,409
7,248
180
58,110
564
Investment income
Income from investment properties - Wayleave & Conacre
Income from listed investments - Dividends & Carginagh Investment
Bank interest receivable
160
3,396
3,417
3,424
3,558
Total income
356,004
266,745

Christ Church Kilkeel
Page 22
Detsiled Statement of Financial Activities {continufjdJ
Year ended 31 December 2022
2022
2021
Expenditure
Expenditure on charitable activities
Wages and salaries
Pension costs
Rates and water
Light and heat
Repairs and maintenance
Insurance
Motor vehicle expenses
Legal and professional fees
Telephone
Other office costs
Depreciation
Other interest payable and similar charges
Web & Internet costs
Subscriptions to Missions & Charities
Speakers
FWO Envelopes
Sunday School Costs
Girls Brigade
Boys Brigade
Messy Church & Holiday Bible Club
CCI Licencing
Special Appeals
Photocopier Charge
Diocesan CostslAssessment
Sundry Expenses
Mums & Toddlers
Sundry donations to charities
Funeral Teas costs
20￿￿ Anniversary
Youth Fellowship
SLtnflower Fields Expenses
Graveyard expenses.
Foodbank costs
61,976
7,154
2,213
10,132
8,230
6,419
2,029
1,873
1,216
2,026
7,570
2,168
63,720
6,945
1,833
6,642
5,152
5,986
1,572
2,281
966
2,301
4,282
1,381
174
16,710
215
1,186
824
36,322
1,745
1,100
634
4,857
7,864
2,340
1,204
711
399
171
13,104
2,810
2,323
1,486
617
12,180
4,334
2,322
1,402
190
850
790
614
702
6,111
4,525
(196,844) (150,039)
Total expenditure
196,844
150,039
Net income
159,160
116,706

Christ Church Kilkeel
Page 23
Notes to the Detailed Ststement of Financial Activities
Year ended 31 December 2022
2022
2021
Expenditure on charitable activities
Advancement of Christianity
Activities undertaken directly
Wageslsalaries
Pension costs
Rates & water
Light & heat
Repairs & maintenance
Insurance
Motor vehicle expenses
Telephone
Other office costs
Depreciation
Subscriptions to Missions & Charities
Speakers
FWO Envelopes
Sunday School Costs
Girls Brigade
Boys Brigade
Messy Church & Holiday Bible Club
CCI Licencing
Special Appeals
Photocopier Charge
Diocesan CostslAssessment
Sundry Expenses
Mums & Toddlers
Sundry donations to charities
Funeral Teas costs
200th Anniversary
Youth Fellowship
Sunflower Fields Expenses
Graveyard expenses.
Foodbank costs
61,976
7,154
2,213
10,132
8,074
6,419
2,029
547
1,135
7,570
36,322
1,745
1,100
634
4,857
7,864
63,720
6,945
1,833
6,642
5,041
5,942
1,572
461
1,295
4,282
16,710
215
1,186
824
2,340
1,204
711
399
171
13,104
2,810
2,323
1,486
617
12,180
4,334
2,322
1,402
190
850
7go
614
702
6,111
191,087
4,525
144,537
Support costs
Repairs & maintenance
Insurance
Telephone
Other office costs
Other interest payable and similar charges
Web maintenance
156
111
44
505
1.006
1,381
174
669
891
2,168
3,884
3,221
Governance costs
Legal and other professional fees
1,873
2,281
Expenditure on charitable activities
196,844
150,039