St Saviour's Parish Church, Connor
Receipts and Payments Account
For the Year Ended 31 December 2024
2024
Unre5trkted
Fund5
2024 Restrl¢ted
Funds
2024Total Funds
I￿T0￿1
Funds
Notes
Donation. Plate Collection. Glft Aid
Recha
esto Other Church
Grant
Other Miscellaneou5
Totalrecelpts
54.145
Z4J23
LO80
1021
.160
92.1
ents
Cle
Pa ment. Locomoto and Other
Or
anist and Relief Minister
Dlocesan Fund
Maintenance and Runnln
Prlntln
Bank Cha
Other Mlscellaneous
rot4lpgyments
49N93
49A93
3A90
Costs
11098
2.016
396
I￿53
72JO
17,5
17ffl4
IA03
425
2,016
396
2.873
90M7
147
Netolreolpts/(paymentsJ
Transfers bttween funds
Cash fvnds last year end
Coshfvnds thls yeorend
{IiA87)
301
12AOB)
78.633
67.976
7S.825
77.126
61620
75A25
Sl8ned on Behalf of the Trustees:
è Zozs
Trustee
Date
Trustee
Date

St Saviour's Parish Church, Connor
Statement of Assets and Llabllltles
as at 31 December 2024
F￿d5
21123Tolal
Funds
C•tsgorfM D•tslb
Fwd•
Caih fw
12
12
77.121
71.12
Detals
Y•w
On Behalf of the Trustee5:
Trustee
Date
Trustee
Date

St Saviour's Parish Church, Connor
Notes to the Flnanclal Statements
For the Year Ended 31 December 2024
l. Accountlng pollcles
Set out below are the principal 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 arKJ Payments Account have
been accounted for on a cash receipts basis.
(b) Statement of Assets and Uabllftles
li) Assets retoinedfor the Parlsh's own use
The Trustees have agreed that only a55et5 over £5,000 will be recogni5ed in the Ststement of
Assets and Liabilities under non-current assets.
The assets used by the Parish are not owned by St 5aviour's Church, Connor. The
Representative Church Body are the legal trusteeslowners and hold the title deeds to: St
Saviour's Church; St Saviour's 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 {FRS102). These Heritage Assets are not included in the statement of assets
and liabilities, as information on cost or valuation is not available and such information cannot
be obtained at a cost commensurate ￿th the beneflt to the users of the accounts and to the
parish.
The Parish Hall and Rectory have no reliable records regarding cost of construction or
acquisition. They also reside on Heritage land of the Church.
The m05t recent insurance value applied to assets (Church Building and Contents: Church Hall
Buildings and Contents. Store at Church and Building of Rectory) utilised by St Saviours's Parish
Church, Connor are £3.317m (31 October 2024), but this lacks sufficient reliability for
disclosure in the Statement of Assets and Liabilities.
ii) Investment5
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 Parish Church, Connor
Donation, Plate Collection and Gfft Ald
The following are the receipts for the year:
2024
2023
Donations and Plate Collection
Bequest
Gift Aid
Total
46,311
45,106
11.066
7,422
63,594
7,834
54.145
Recharges
The following are the recha rges for the year:
2024
Salary
Other
22,273
2,550
24,823
25,441
Total
27,510
The Rev l Magowan receives a stlpend in accordance wlth fl8ures 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 8rouped 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 ass(Kiated with living accommodation (Glebe House) are also
shared between both churches.

St Saviour's Parish Church. Connor
Mlscellaneous Income
The fdlowing is a breakdown of other income:
2024
2023
HMRC NIC Employers Refund
HM RC NIC Employer Refund ta St Patrick
Other Income
21,055
(10,527
2,632
13,160
2.021
2,021
Clergy Payrnent. LOCOn￿tory and Other
The following is a breakdown of costs relating to the Incumbent and payments to the clergy
pension scheme:
2024
2023
Gross
Employers NIC #
Employers Pension
47,429
45,429
4,878
3,990
54,297
4,755
52,968
Directly From St Patrick's Bank
Account
Paid From St Savlour's Bank Account
(3,475) 13,520)
49,493
50,777
Salary cost51excluding pension) are recharged 50% to St Patrick's, Antrim. St Patrlcvs pays
di rectly for half of the pension costs requi red by the Clergy Defined Contribution Pension
Scheme (see note 3).
* During 2023 a refund was made for pension contrlbutions overpaid in prlor years.
# During the year a refund was made for Employers Pension Contributions and half of this was
refunded to St Patricvs (see note 4).
Organlst and Rellef Mlnlsters
The following payrnents were made durlng the year:
2024
2023
Organist
Relief Ministers
3,240
320
3,560
3,240
250
3,490
12

St Saviour's Parish Church, Connor
Dlocesan ￿nd
Durin8 the year Stsaviour's made contributions to the diocesan fund of £3,885 (2023: £3,993).
This fund is designed to ensure that the cost of sustaining 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:
2024
2023
Church and Glebe Grounds *
Rectorv
Total
24,034
4,570
28,604
13,487
4,137
17,624
Running costs associated with the rectory are rechar8ed 50% to St Patrick's, Antrim. See note
* Glebe - includes church and rectory grounds owned by the Church of Ireland.
Collectlons for Third Parties
Durin8 the year the following collections were undertaken:
2024
2023
Lord Enniskillen Memorial Orange Soclety
Rural Deanery Lenten Servlces
Bishop of Connor Collection
Green Island Parish Appeal
Cathedral Chair Appeal
94
383
293
345
150
972
293
10.
Audltorsllndependent Examiners Costs
A glft voucher for £70 ￿a$ provided to the independent examiner.
11.
Non-current Assets
Refer to notelb for non-current assets disclosure.
13

St Saviour's Parish Church, Connor
12.
Reconcillatlon of Cash Funds
2024
2023
Total Cash Funds at l January
Receipts for the Year
Payments for the Year
Totsl Cash Funds at 31 December
75,825
92,128
{90,827
77,126
62,620
94,205
181,(X)O)
75,825
Transfers have been made between the general account and the restoration account. These
relate to Gift Aid and refundin8 the costs of repairs. A transfer was also made to the mission
account. The total net amount of these transfers for 2024 was £830 (2023; £7,090).
Liabllities
There are no liabilitie5 recorded, a5 the accounts have been prepared on a receipts and
payments basis.
14.
Movement In Funds
At l Jan Incomlng
Out8oin8 Transfer At 31 De¢
2024
Resources Resources
2024
Restrlcted Funds
Restoration
Mission
78,421
212
78,633
6,342
897
7,239
117,506)
11,220)
118.726
67,744
232
67,976
343
830
Unrestrlcted Funds
General
(2,808
(2,808)
84,889
84,889
72,101)
{72,101)
1830)
1830)
9,150
9,150
Totsl Funds
75,825
92,128
90,827
77.126
Purposes of Restricted Funds:
Restoration Fund - funds held to carry out repairs and restoration work to church, paths,
buildings as and when required.
Mission Fund supporting the work of church missions and related charities.
Purposes of General Fund:
These are unrestricted funds. used for the day-to-day running costs relating to the Parish.
14

St Saviour's Parish Church, Connor
15.
Related Party Transartions
The following are related party transactions, which were undertaken during the year:
Name
Nature of relatlonshlp
Nature of transactlon
Transactlon
amount (£)
57,538
Rev l Magowan
Trustee
Employment/Running
Costs of Rectory '
Fee5 for Service of
Or
anist
Shared
Costs
EmploymenVRunnln8
Costs of Rector
Donati(In for Printing
Ms E Colgan
Trustee
3,240
St Patricvs
Church, Antrim
Rev l Magowan is
responsible for this
Parish.
Son of a Trustee
24,823
(10,527)
Mrw
Matthews
* The Rev l Magowan receives a stipend in accordance with figures approved by the General
Synod of the Church of Ireland and detsils of office arKI locornotory allowances. Figures
disclosed include employers, costs for national Insurance and contributions to the Clergy
Defined Contribution Pension Scheme, As the Incumbent, is responsible for the grouped
parishes of St Saviour's, Connor and St Patricvs, Antrim the stipend and office and locomotorv
allowances are shared equally between both churches. The running costs associated with livi
accommodation (Glebe House) are also shared between both churches. See notes 3, 5 and 8.
A number of Rellef Ministers have been paid a fee for providing cover during periods of the
annual leave of the Rev l Magowan during 2024. The value of these are not material and do
not exceed £500 for the yea r.
Mrs H Magowan is a Trustee and assisting the new HonoraryTreasurer 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 Saviour's e.g. Sunday School Books. Apart from the aforementioned no other
trustee or a person related to atrustee had any personal interest in any contract or transaction
entered into by the charity during the year.
15