CHARITY NUMBER NIC103582 ARDCLINIS PARISH CHURCH REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 D. T. CARSON & Co CHARTERED ACCOUNTANTS 51- 53 THOMAS STREET BALLYMENA CO. ANTRIM BT43 6AZ TEL . 028 2565 2389 FAX . 028 2565 1295 Email . info@dtcarson.com CHARTERED ACCOUNTANTS IRELAND ARDCLINIS PARISH CHURCH Reference an Ad tive Details CHARITY AME Ardclinis Parish Church CHARITY REGISTRATION NUMBE NIC 103582 TRUSTEES Kate Magill William Wright John Wright Robert McKay Jack Waldron (deceased) Margaret Graham Susan Darragh Hugh Leitch Peter Woods Betty Scroggy Ian Scroggy Ethel Simpson Douglas Tyler Maureen Wright Mervyn Crooks Robert Cotter PRIN IPAL OFFICE ADDRESS Ardclinis Parish Church Carnlough BALLYMENA Co Antrim INDEPENDENT EXAMINER John Hamilton FCA DT Carson & Co Chartered Accountants 51-53 Thomas Street Ballymena BT43 6AZ Page I ARDCLINIS PARISH CHURCH Stateme For the t of Financial Activ ear End 31De ember 22 Unr Fund estrithd unds ndowm Funds Total tal 021 Income Recorded Giving Charitable Activities Down & Q)nnor Board Of Education Gift Aid Donation RCB Sundry Funds RCB Trust Income Diocese of Connor - General Fund Power NI refd & fuel grant Other Income (rent received ) Church of Ireland Trustees Distribution Movement of C of Ireland Trustee alc Transfer Bank Interest Total Income 10,931 1,800 10,931 1,800 68 11,745 400 136 2,319 305,041 68 309,104 309,104 468 21,361 203 826 2,647 104 468 122 203 826 2,647 11)4 21,239 99 405 4,051 6,828 18,262 3,144 374 17,474 374 369,290 311 331,335 24,451 327,366 Expenditure Stipend & Fees Rectory Running Costs Church & Hall Running Costs Charitable Donations Connor Diocesan Assessment Administrative Costs Bank Fees Transfer 8,209 4,570 3,689 240 2,909 596 77 3,144 1,663 9,872 4,570 3,827 240 2,909 596 77 4,326 1,599 3,841 loo 3,095 544 138 Total Expenditure 23,434 1,801 25,234 13,559 Net Movement of Funds 5,960) 22,650 327,366 344,056 317,776 econciliation of funds . Total Funds brought forward 89,677 305,041 394,718 76,942 Total Funds carried forward 83,717 22,650 632,407 738,774 394,718 Page 5 RDCLIN ARISH CHURCH ce Shee ember 2022 Fixed Assets nrestricted Restricted Total 2022 Total 2021 Land &Buildings 766,074 766,074 712,627 Current Assets Bank Current Account Church of Ireland Trustees Alc 106,367 106,367 632,407 211,141 183,577 632,407 Total Assets 872,441 632,407 1,504,848 1,107,345 Represented By Unrestricted funds Buildings Valuations General Funds 766,074 83,717 766,074 83,717 712,627 89,677 Restricted Funds 22,650 22,650 Endowment Funds 632,407 632,407 304,041 Totsl church funds 849.791 22,650 632,407 1,504,848 1,107,345 Approved by the trustees at a meeting on and signed on its behalf by Tnjstee Dated Page 6 ARDCLINIS PARISH CHURCH o the accounts for the ear ended l December 2022 ACCOUNTING POLICIES (a) Basis of financial statements As the total income of the congregation is between £250,000 and £500,000, in accordance with the provisions in The Charities Accounts and Reports Regulations (Northern Ireland )2015 its Accounts are prepared on an accrual basis (b) Fund Accounting Endowment funds are funds ,the capital of which must be retained either permanently or at the congregation's discretion,the income derived from the endowment is to be used either as a restrirted or unrestricted income funds depending upon which the purpose for which the endowment was established in the first place Restrirted funds comprise of income which can only be expended on the restricted purposes intended by the donor . Unrestricted fvnds are income funds which are to be spent on the congregation's general purposes. (c ) Balan￿ Sheet The assets of the Parish ,retained for its own use are comprised as follows The Church Building and Graveyard at Largy Road Carnlough The Church Hall at Croft Road Carnlough The Ardclinis Rectory The Church Building and Graveyard are deemed to be Heritage Assets as defined by the Charities SORP(FRS102). These Heritage Assets are not therefore included in the Balance Sheet. The Church Hall and Ardclinis Rettory is included within the Accounts at a value determined by the Insurance Broker Page 7