CHARITY REGISTRATION NUMBER: NIC103473
Christ Church Kilkeel
Unaudited Financial Statements
31 December 2023
PURDY QUINN
Chartered accountants
Northern Bank House
42 Greencastle Street
KILKEEL
Co Down
BT34 4BH

Christ Church Kilkeel
Financial Statements
Year ended 31 December 2023
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 2023
The trustees present their report and the unaudited financial statements ofthe charity for the year ended
31 December 2023.
Reference and administrative details
Registered charity name
Christ Church Kilkeel
Charity registration number
NIC103473
Principal office
Clo Ms Joan Linden
24 Millvale
KILKEEL
Co Down
The trustees
Rev A Calvin
Ms J Linden
Mrs G E Chambers
Mrs S Johnston
Miss M S Teggarty
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
Mr G McAtee
Mf G Chambers
(Appointed April 2024)
(Resigned April 2024)
(Resigned April 20241
(Appointed April 2024)
(Appointed April 2024)
Independent examiner
Purdy Quinn
42 Greencastle Street
KILKEEL
Co Down
BT34 4BH

Page 1
Christ Church Kilkeel
Trustees. Annual Report (continued)
Year ended 31 December 2023
Structure. governance and management
Governing Document and Constitution of the Charity
Chapter111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation.
The Select Vestry members are the Charily Trustees.
Recruitment and Appointment of Select Vestry (Trustees)
All members of the Church of Irelarld who are over the age of 18 and are eithef 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 Ihis 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 servirlg in the parish, Rector's Warden, Hon. Treasurer, Hon.
Secretary, People's Warden and generally not more than ￿e1ve 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 chairpersor) or the churchwardens In 2023 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 activities
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 Christian 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 I reland
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.

Page 2
Christ Church Kilkeel
Trustees, Annual Report (conlinued)
Year ended 31 December 2023
Achievements and performance
The Church of Ireland in general and Christ Church Kilkeel in particular meets the public benefit
requirement by providing benefit to ils 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 lo 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 Ihrough 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 activilies 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 Safeg uarding 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 schools visiting our church
buildings.
Through conservation efforts in respect of records, property 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 Ofganisations 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 Ihe 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 2023
Financial review
The Gongregation's main source of income is members, contributions Ihiough 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 congfegation during the year was £269,728 (2022 - £356,004}.
The expenditure for the year was £231,049 {2022 £196,844).
The reserves of the Charity at 31 December 2023 totalled £922,932 {2022 - £879,924).
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 £132,96012022 - £109,201)
which represents a higher level of reserves. The Trustees however. consider il 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 Ihere are
adeq uale funds in place to ensure that the Parish can continue its activities and the financial slatements
for the year ended 31 December 2023 can be signed off as a going concern.
The trustees, annual report was approved on 28 October 2024 and signed on behalf of the board of
trustees by..
Rev A Calvin
Trustee
Ms J Linden
Trustee

Page 4
Christ Church Kilkeel
Independent Examiner's Report to the Trustees of Christ Church Kilkeel
Year ended 31 December 2023
I report to the trustees on my examination of the financial statements of Christ Church Kilkeel I'the
charity,) for the year ended 31 December 2023.
This report is made solely to the charity's Trustees, as a body, in accordance with section 65{3llal 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
Ireland under section 65{9)Ibl of the Act, and
state whether particular matters have come to my attention.
Basis of independent examinerfs 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 Llnder section 65{9){b} of the Charities Act.
My examination included a review of the 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 statements do not comply with the accounting requirements of the 2008 Act., or
the financial statemenls 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 'lrue and fair, 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
Ind
Gareth
Chartere
nt Examiner
ans FCA
Accountants Ireland
Date
28 October 2024

Page 5
Christ Church Kilkeel
Statement of Financial Activities
Year ended 31 December 2023
2023
Restricted Endowment
funds
funds Total funds
2022
Unrestricted
funds
Total funds
Note
Income and endowments
Donations and legacies
Charitable activities
Investment income
Other income
185,712
27,320
38,870
12,374
3,449
2,000
224,584
39,694
3.450
2.000
294,470
58,110
3,424
Total income
213,034
56,693
269.728
356,004
Expenditure
Expenditure on
charitable activities
188,475
42,573
231.049
196,844
Total expenditure
188,475
42,573
231,049
196,844
Net gains on
investments
16
4,329
4,329
Net income
24.559
14,120
4,329
43,008
159.160
Transfers between funds
(800)
800
Other recognised gains and losses
Net gains1( losses) on
investments
(13,068)
146,092
Net movement in funds
23,759
14,920
4,329
43,008
Reconciliation of funds
Total funds brought forward
Total funds carried forward
109,201
132,960
673.702
97,021
879,924
733,831
688,622
101,350
922,932
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 7 to 20 form part of these financial statements.

Page 6
Christ Church Kilkeel
Statement of Financial Position
31 December 2023
2023
2022
Note
Fixed assets
Tangible fixed assets
Investments
15
16
600,312
131,350
599,861
127.021
731,662
726,882
Current assets
Debtors
Cash al bank and in hand
17
28,416
167,052
29,747
210,865
195,468
240,612
Creditors: amounts falling due within one year
Net current assets
18
4,198
2.570
191,270
238,042
Total assets less current liabilities
922,932
964, 924
Creditors: amounts falling due after more than one year
Net assets
19
85,000
922,932
879,924
Funds of the charity
Endowment funds
Restricted funds
Unrestricted funds
101,350
688,622
132,960
97,021
673,702
109,201
Total charity funds
23
922,932
879,924
These financial statements were approved by the board of trustees and authorised for issue on 28
October 2024, and are signed on behalf of the board by..
Rev A Calvin
Trustee
Ms J Linden
Truslee
The notes on pages 7 to 20 form part of these financial statements.

Page 7
Christ Church Kilkeel
Notes to the Financial Statements
Year ended 31 December 2023
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 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 10211 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.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on theif 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.

Page 8
Christ Church Kilkeel
Notes to the Financial Statements (continued)
Year ended 31 December 2023
Accounting policies (continuod)
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 Ihis 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 seNices 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 unsperlt, 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 oflhe statement of financial
activities to which it relates:
expenditure on raising funds includes the costs of all fundraising activities, events, non-
charitable tfading 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
between 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 IFRS102). 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.

Page 9
Christ Church Kilkeel
Notes to the Financial Ststements fcontinued)
Year ended 31 December 2023
Accounting policies (continued)
Tangible assets (continued)
Carginagh Church is deemed to be Heritage assets as defined by the Charities SORP
(FRS1021. 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
church grounds. It is the opinion ofthe 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 property stands on its own grounds and could be placed on the open market
without breaching any tefms of Trust governing that property. 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
Depreciation
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
15 % straight line
15 % straight line
The Rectory is recognised at deemed cost, being the estimated fair value of the Property at 31
December 2023. 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 al 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 property 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 (continued)
Year ended 31 December 2023
Accounting policies (contlnuedj
Impairment of fixed assets
A review for indicalors 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 lo estimate the recoverable amount
of an individual asset, an estimate is made of the recoverable amount of the cash-generaling unit
to which the asset belongs. The cash-generating unit is Ihe smallest identifiable group of assets
that includes the asset and genefates 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 unils that are expected to benefit from
the synergies of the combination, irrespeclive 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.
Where 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. Where 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. Where 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.

Page 11
Christ Church Kilkeel
Notes to the Financial Statements (continuedj
Year ended 31 December 2023
4. Donations and legacies
Unrestricted
Funds
Restricted Total Funds
Funds
2023
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
129,171
24,965
2,744
129.171
28,616
2,744
7,775
41,530
100
2,015
825
8,673
535
3,651
7,775
23,919
100
17.610
2,015
825
8,673
535
Grants
Sundry Grants receivable
Building Grants
Grants receivable- Church Capital Repairs
2,600
2,600
185,713
38,870
224,584
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
136
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

Page12
Christ Church Kilkeel
Notes to the Financial Statements (continued)
Year ended 31 December 2023
Charitable activities
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Hall rental income
Sunflower Fields & Crafts
Fundraisinglcoffee morning
Mums & Toddlers
Funeral Teas
Girls Brigade
Boys Brigade
704
17.396
704
27,770
10,374
3,920
2,020
3,280
3,920
4,020
3,280
2,000
27,320
12.374
39,964
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
Investment income
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Income from listed investments - Dividends &
Carginagh Investment
Bank interest receivable
3,449
3,449
3,449
3,450
Unrestricted
Funds
Reslricled Total Funds
Funds
2021
Income from listed investments - Dividends &
Carginagh Investment
Bank interest receivable
3,417
3,417
3.417
3,424
Other income
Restricted
Funds
Total Funds
2023
Restricted Funds
Total Funds
2022
Gain on disposal
of tangible assets

Page13
Christ Church Kilkeel
Notes to the Financial Statements (continued)
Year ended 31 December 2023
Expenditure on charitable activities by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Advancing Christianity
Support costs
184,331
4,144
41,979
594
226,313
4.736
188,475
42,573
231,049
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
Expenditure on charitable activities by activity type
Activities
undertaken
directly Support costs
Total funds
2023
Total fund
2022
Advancing Christianity
Governance costs
226,313
2,260
2,476
228,573
2,476
194,971
1,873
196,844
226,313
4,736
231,049
10. Analysis of support costs
Analysis of
support costs
Total 2023
Total 2022
Premises
Communications and IT
General office
Finance costs
Governance costs- Accountants fees
256
388
786
1,830
2,474
256
388
786
1,830
2,474
156
669
891
2,067
1.872
5,734
5.734
5,655
11. Net income
Net income is stated after charging/(crediting)'.
2023
2022
Depreciation of tangible fixed assets
Gains on disposal of tangible fixed assets
5,117
(2,0001
7,570

Page 14
Christ Church Kilkeel
Notes to the Financial Statements (continued)
Year ended 31 December 2023
12. Independent examination fees
2023
2022
Fees payable to the independent examiner for-.
Independent examination of the financial statements
600
600
13. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows-
2023
2022
Wages and salaries
Employer contributions to pension plans
69,487
6,441
61,976
7.153
75,928
69,129
The average head count of employees during the year was 4 {2022.' 4) The average number of
full-time equivalent employees during the year is analysed as follows..
2023
No.
2022
Number ofstaff - 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 (2022. Nil).
14. Trustee remuneration and expenses
The Minister of the congregation, Rev Alison Calvin, is a Iruslee of the charity The Minister
received remuneration of £49,478 (2022 £42,925) which includes allowances of £7,000 (2022
£3,890), office allowance £80012022 £800) A pension contribution £3,051 (2022 £2,798) under
Net Pay arrangement together with a locomotory allowance of £2,700 (2022 - £2,700) is also paid
in her capacity as the Minister of the congregation. An employer's pension contribution of £3,390
12022 - £2,939) was also paid to the Church of Ireland Pension Scheme in respect of Rev A Calvin.
Trustees D & A Charleton {through their building company) successfully tendered for the Church
building project which commenced towards the end of 2021. The payments made lo F J Charlelon
Building Contractors Ltd during the 2023 year amounted to £Nil 12022 £305,540} These
payments were made on a commercial basis. The trustee D Henderson {through his IT & Design
company) received a total of £210 (2022 £165) 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.

Page 15
Christ Church Kilkeel
Notes to the Financial Statements (continued)
Year ended 31 December 2023
15. Tangible fixed assets
Freehold Fixtures and
property
rittings
Motor
vehicles
Total
Cost
Al 1 January 2023
Additions
574,298
46.565
5,568
4,000
624,853
5,568
At 31 December 2023
574,298
52,133
4,000
630,431
Depreciation
At 1 January 2023
Charge for the year
At 31 December 2023
21,936
4,517
3,6066
600
25,002
5,117
26,453
3,666
30,119
Carrying amount
At 31 December 2023
574.298
25,680
334
599,861
Al 31 December 2022
574,298
24,629
934
599,861
16. Investments
Investment Other listed
properties investments
Total
Cost or valuation
At 1 January 2023
Additions
Fair value movements
30,000
97,021
127,021
4,329
4.329
At 31 December 2023
30.000
101,350
131,350
Impairment
At 1 January 2023 and 31 December 2023
Carrying amount
At 31 December 2023
30,000
101,350
131,350
127,021
At 31 December 2022
30,000
97,021
All investments shown above are held at valuation.
Listed investments
The aggregate market value of listed investments is £101,35012022'. £97,021).
Investment properties
Investment property consists of farmland, approximately 3 acres, which was bequeathed to the
church many years ago. The Trustees have valued this property 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 propety.

Page 16
Christ Church Kilkeel
Notes to the Financial Statements (continued)
Year ended 31 December 2023
17. Debtors
2023
2022
Other debtors
28,416
29,747
18. Creditors: amounts falling due within one year
2023
2022
Trade creditors
4.198
2,570
19. Creditors: amounts falling due after more than one year
2023
2022
Other creditors
85,000
20. 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..
2023
2022
Employer's contributions
Pension Levy
Total pension contributions paid
3,021
3,925
3,110
4,043
6,946
7,153

Page 17
Christ Church Kilkeel
Notes to the Financial Statements (continued)
Year ended 31 December 2023
21. Analysis of charitable funds
Unrestricted funds
At
1 Jan 2023
Gains and
At
losses 31 Dec 2023
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
Community
Allotments Fund
Ladies Fellowship
Fund
78,271
188,119
1172.0441
1800)
93,546
1,290
500
(201
1,770
1,497
3,820
(3,727)
1,590
232
1,264
7,027
232
1,264
8,992
2,015
150)
4,598
22
934
7,405
2,919
3,742
3,920
{1,755
6,673
22
334
5,029
1,049
4.546
(600)
(2,376)
(5,149)
{1,276}
3,279
2,080
4,476
(71}
4,405
4,825
(1,407)
(188,475)
3,418
109,201
213,034
1800)
132,960
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)
15,6381
78,271
1,094
251
{810)
755
1,290
726
1,922
{1,650)
498
1,497
232
1,364
4,827
232
1,264
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
1600}
{3,8091
{5,1021
(1,5061
1158.647)
3772
613
7,408
5,248
93,741
174,104
109,201

Page 18
Christ Church Kilkeel
Notes to the Financial Statements (continued)
Year ended 31 December 2023
22. Analysis of charitable funds (conlinued)
Restricted funds
At
1 Jan 2023
Gains and
At
losses 31 Dec 2023
Income Expenditure
Transfers
Building Fund
Carginagh Land
Church Property
Fixtures & Fittings
Gift Aid - Building
Fund
Donations
Mums & Toddlers
Foodbank
Investment
income
Boys Brigade
Girls Brigade
40,772
30,000
574,299
17,225
26,638
(17,763)
8,701
53,348
30,000
574,299
15,084
{2,141)
7,901
3,451
11,199
17,901)
3,451
{11,199)
3,505
7,356
{3,421)
7,440
3,449
2,600
2,000
(3,449)
(2,600}
(2,0001
673,702
56,693
(42,573)
800
688.622
At
1 Jan 2022
Gains and
At
losses 31 Dec 2022
Income Expenditure
Transfers
Building Fund
Carginagh Land
Church Property
Fixtures & Fittings
Gift Aid- Building
Fund
Donations
Mums & Toddlers
Foodbank
Investment
income
Boys Brigade
Girls Brigade
162,024
30,000
313,449
2,240
168,006
(18,6311 1270.627)
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
11,056)
11,550)
{6,189)
5,623
3,505
393
3,417
1,800
2.000
{3,810)
{1,800}
(2,0001
{38,197)
529,998
181,900
673,702

Page 19
Christ Church Kilkeel
Notes to the Financial Statements (conlinuedj
Year ended 31 December 2023
23. Analysis of charitable funds (conlinued)
Endowment funds
At
1 Jan 2023
Gains and
At
losses 31 Dec 2023
Income Expenditure
Transfers
Inveslments
97,021
4,329
101.350
At
1 Jan 2022
Gains and
At
losses 31 Dec 2022
Income Expenditure
Transfers
Investments
110,089
(13,068)
97.021
Investments are made up of the following
2023
2022
RBC Investments- RB General Unit Trust INI}
Church of Ireland Trustees - CIT Unit Trust
Diocesan Board of Education - Educational
Endowments Ilreland) Scheme 89- pro rata
share of units
10,467
395
10,162
377
90.488
86,482
97,021
Valuations as at 31 December
101,350
24. Analysis of net assets between funds
Unrestricted
Funds
Restricted Endowmenl Total Funds
Funds
Funds
2023
Tangible fixed assets
Investments
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Net assets
10,931
589,381
30,000
69,239
600,312
131,350
195,468
14,198}
101,350
126,229
(4,198}
132,962
688,620
101,350
922,932
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
599,861
127,021
240,612
12,570)
(85.000)
879,924
97.021
103,432
(2,5701
{85,0001
673,702
109,201
97,021

Page 20
Christ Church Kilkeel
Notes to the Financial Statements fconlinued)
Year ended 31 December 2023
25. Capital commitments
As at 31 December 2023 all construction work undertaken in connection with the building of the
annex to the church, which commenced in 2021, was fully completed and fully paid up.
As at 31 December 2023 there are no capital commitments.

Christ Church Kilkeel
Management Information
Year ended 31 December 2023
The following pages do not form part of the financial statements.

Page 21
Christ Church Kilkeel
Detailed Statement of Financial Activities
Year ended 31 December 2023
2023
2022
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 Capital Repairs
Sundry Grants receivable
Government grant income
129,171
28,616
2.744
7.775
41,530
100
2,015
825
8,673
119,508
30,372
2,599
13,535
25,533
2,965
1,056
7,540
1,510
136
1,565
251
535
85.000
2,900
2,600
224,584
294,470
Charitable activities
Hall rental income
Sunflower Fields & Crafts
Fundraisinglcoffee morning
Mums & Toddlers
Funeral Teas
Boys Brigade
Girls Brigade
Exceptional income from charitable activities
704
27,770
100
40,412
1,144
1.097
700
7,409
7,248
3,920
3,280
4.020
39,694
58,110
Investment income
Income from listed investments - Dividends & Carginagh Investment
Bank interest receivable
3,449
3,417
3.450
3,424
Other income
Gain on disposal of fixed assets held for charity's own use
2,000
2,000
Total income
269.728
356,004

Page 22
Christ Church Kilkeel
Detailed Statement of Financial Activities (continued)
Year ended 31 December 2023
2023
2022
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
200th Anniversary
Youth Fellowship
Sunflower Fields Expenses
Graveyard expenses.
Foodbank costs
69,487
6,441
2,560
12,340
22,811
7,387
2,726
2,476
723
2,652
5,117
2,423
210
36,681
435
1,180
1,444
4,414
9,520
61,976
7,154
2,213
10,132
8,230
6,419
2.029
1,873
1,216
2,026
7,570
2.168
36,322
1,745
1,100
634
4,857
7,864
630
1,204
1,018
12,228
12,839
2,625
2,758
1,718
617
12,180
4,334
2,322
1,402
190
850
790
614
702
6.111
1,736
1,120
3,350
(231,049}
(196,844}
Total expenditure
231,049
196,844
Net gains on investments
Gain on disposal of fixed assets held for charity's own use
{4,329)
{4,329}
Net income
43,008
159,160

Page 23
Christ Church Kilkeel
Notes to the Detailed Statement of Financial Activities
Year ended 31 December 2023
2023
2022
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
Bank charges
Web & Internet costs
Subscriptions to Missions & Charities
Speakers
FWO Envelopes
Sunday School Costs
Girls Brigade
Boys Brigade
CCI Licencing
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
69,487
6,441
2,560
12,340
22,555
7,387
2,726
335
1,866
5,117
1,593
210
36,681
435
1,180
1,444
4,414
9,520
630
1.018
12,228
12,839
2,625
2,758
1,718
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
1,204
617
12,180
4,334
2,322
1,402
190
850
790
614
702
6.111
1.736
1.120
3,350
226,313
191,087
Support costs
Repairs & maintenance
Telephone
Other office costs
Other interest payable and similar charges
256
388
786
830
156
669
891
2,168
2,260
3,884
Governance costs
Legal and other professional fees
2,476
1,873
Expenditure on charitable activities
231,049
196,844