St Saviour's Parish Church. Connor Recelpts and Payments Account For the Year Ended 31 December 2022 2L722 Unfestrlrted Funds 2022 Restricted Fund5 2021 Total Funds 2022Totsl Funds Re¢el Donallon Plate Collettion GIftAld Recha es to Otherchurch Covid Grdnt Other Mlscellaneous Totalrecelpts 41 23.017 75 2.57 6782 48.397 22,282 23.017 755 2,576 7J.126 5M7 71.T33 ments Pa ment, Locomoto and Other anlst and Relief Minister Diocesan Fund Maintenance and Runnl Costs Printin Bank Cha es Other Mlscellaneous Totolpoyments Cle 47,51 3.53 4.29 47.515 3.535 4.297 46A16 4.593 022 1,$21 1.477 1.72 67.Tl 1,933 66,605 1742 70,513 rietof Yecelpts/{paymentsJ TraTrsfèrs between funds C•sh tunds lartyear end Cushfvnds th15 yeorend 1342 2m7 ,152 {9.511 195 1017 67.159 72,131 2,613 fAIIA17 54879 60ApJ7 Slgned on Behalf of the Trustees: Trustee Date s. i aTJIS Trustee Date
St Saviour's Parish Church, Connor Staternent of Assets and Liabilities as at 310ecember 2022 2022 Funts 2022 TrAal 2021 Totsl Funds Cash funds Cunwtat¢tyJ De11¢¢Y1 Total Cash Funds n.131 82.020 eO,IID7 ¢uTh•nt¥alu• DetaiL8 R B Un* TnAt{M) CIT Unit TnBt 1a91 1,5111 On Behalf of the Trustees: Trustee Date JQ -3 % IOLI Date Trustee
St Saviour's Parish Church. Connor Notes to the Finanaal Statements For the Year Ended 31 December 2022 l. Accounting polides Set out below are the principal accounting pollcies which have been adopted in the compilation of the Receipts and Payments Account and the Staternent 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 a cash receipts basis, (b) Statement of Assets and Llabllltles (l) knets fetolnedfvr the Parlsh's own use The Trustees have agreed that only assets over £5,000 will be recognised in the Statement of Assets and Llabilities under non-current assets. The assets used by the Parish are not owned by St Saviourfs Church, Connor. The Representative Church Body are the legal trustees/owners and hold the title deeds to: St Saviourfs Church; St Saviourfs Graveyard; The Parish Hall; The Rectory and Glebe Lands. All assets are used and maintained by the Parish. The Church Buildings, Graveyard and Land 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 cost or valuation is not available and such inforrnation cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the parish. The Parlsh Hall and Rectory have no reliable records regarding cost of construction or acquisition. They also reside on Heritage land of the Church. The most recent insurance value applied to assets {Church Building and Contents; Church Hall Buildings and Contents; Store at Church and Building of Rertory) utilised by St Saviours'5 Parish Church, Connor are £2.939m 131 October 2022), but this lacks sufficient reliability for disclosure in the Statement of Assets and Liabilities. 11) Investments Investments in unit trusts are initially recognised at cost and then subsequently stated at fair value at each year end date. 10
St Saviour's PaTish Church, Connor Donation, Plate Collectlon and Glft Ald The following are the receipts for the year: 2022 2021 Donations and Plate Collection Bequest Gift Aid Total 38,490 1,000 7,288 46,788 41,576 6,821 48,397 Recharges The following are the recharges for the year: 2022 2021 Salary Other 21,401 1,616 23.017 20,792 1,490 22,282 Total The Rev l Ma8owan receives a stipend in accordance with figures approved by the General Synod of the Church of Ireland and their details of office and locomotory allowances. As the Incumbent, is responsible for the grouped parishes of St Saviours, Connor and St Patrick's, Antrim the stipend and office and locomotory allowances are shared equally between both churches. The running Costs associated with living accommodation {Glebe House) are also shared between both churches.
St Saviour's Parish Church, Connor Cler8y Payment, Locomotory and Other The following is a breakdown of costs relatin8 to the Incumbent and payments to the clergy pension scheme: 2022 2021 G ross Employers NIC Employers Pension 41.797 3,541 7,153 52,491 40,794 3,508 6,945 51,247 Directly From St Patrick's Bank Account Paid From St Saviour's Bank Account 4,976 47,515 14,831) 46,416 Salary costs (excluding pension) are recharged 50% to St Patrick's. Antrim. St Patrick's pays directly for half of the pension costs required by the Clergy Defined Contribution Pension Scheme. See note 3. Organlst and Rellef Mlnlsters The following payments were made durlng the year: 2022 2021 Organist Relief Ministers 3,275 260 3,535 3,240 200 3,440 Dlocesan Fund Duringthe year St Saviourfs made contributions to the diocesan fund of £4,297 {2021: £4,593}. This fund is designed to ensure that the cost of sustainin8 the diocese and its mission is shared proportionally (the stronger parishes contributing more than the weaker}. Runnlng and Malntenance Costs The following payments were made during the year: 2022 2021 Church Rectory Total 7,565 3,232 10,797 5,766 2,980 8,746 Running costs a55ociated with the rectory are recharged 50% to St Patrick's, Antrim. See note 12
St Saviour's Parish Church, Connor Collectlons for Thlrd Partles Durin8 the 2022the following collections were undertaken: 202Z 2021 Collection at R8P seiCe - Lord Enniskillen Memorial W & O Rural Deanery Lenten Services- Alzheimerfs 278 146 424 Audltorsllndependent Examiners Costs A gift voucher for £70 was provided to the independent examiner. 10. Non-current Asset5 Refer to notelb for non-current assets disclosure. 11. Reconciliation of Cash Funds 2022 2021 Total Cash Funds at l January Receipts for the Year Payments for the Year Total Cash Funds at 31 December 60,007 73,126 (70,513) 62,620 54,879 71,733 166,6051 60,007 Transfers have been made between the general account and the restoration account. These relate to Gift Aid and refunding the costs of repairs. A transfer was also made to the mission account. The total of these transfers for 2022 was £2,017 (2021: £1,648). 12. Uabllltles There are no liabilities recorded, as the accounts have been prepared on a receipts and payments basis. 13
St Saviour's Parish Church, Connor 13. Movement In Funds Atljan 2022 Incomlng Out8oing Transfer At 31 Dec Resources Resources 2022 Restricted Funds Restoration Mission 67,(X)8 151 67,159 5,457 240 5,697 (2,022) (720) (2,742) 1,517 500 2,017 71,960 171 72,131 Unrestrlcted Fund5 General {7,152 {7,152) 67,429 67,429 {67,771) (2,017) (67,771) (2,017) (9,511) (9,511) Total Funds 60,CK)7 Purposes of Restrlcted Funds: 73.126 {70,513) 62,620 Restoration Fund - funds held to carry out repairs and restoration work to church, paths, buildings as and when required. Mission Fund - supportlng the work of church mlssions and related charities. Purposes of General Fund: These are unrestricted funds, used for the day-to-day running Costs relating to the Parish. 14. Related Party Trnnsartlons The following are related party transactions, which were undertaken during the year: Name Nature of relatlonship Nature of transactlon Transartion amount (£) 55,723 Rev l Magowan Trustee Employment/Running Cost5 of Rectory ' Fees for Service of Organist Shared Costs Employment/Running Costs of Rectory ' Donation for Printing and Travel Ms E Colgan Trustee 3,240 St Patrick's Church, Antrim Rev l Magowan is responsible for this Parish. Son of a Trustee 23,017 Mrw Matthews 360 * The Rev l Magowan receives a stipend in accordance with figures approved by the General Synod of the Church of Ireland and details of office and locomotory allowances. Figures disc105ed include employers, costs for national insurance and contributions to the Cler8V Defined Contribution Pension Scheme. As the Incumbent, is responsible for the grouped parishes of St Saviourfs, Connor and St Patrick's, Antrim the stipend and office and locomotory 14
St Saviour's Parish Church. Connor allowances are shared equally between both churches. The running costs associated with livin8 accommodation (Glebe House) are also shared between both churches. See notes 3, 4 and 7. A number of Relief Ministers have been paid a fee for providing cover during periods of the annual leave of the Rev l Magowan durin8 2022. The value of these are not material and do not exceed £500 for the year. Mrs H Magowan is a Trustee and Honorary Treasurer for St Saviours. Connor. Mrs H Magowan is the wife of the Rev l Magowan. Trustees may be reimbursed for out of pocket expenses in respect of minor costs incurred on behalf of St Saviourfs e.g. Sunday School Books. Apart from the aforementioned no other trustee or a person related to a trustee had any personal interest in any contract or transaction entered into by the charity during the year. 15