CHARITY NUMBER NIC103582 ARDCLINIS PARISH CHURCH REPORT AND FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 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 and Administrative Details CHAR￿ NAME Ardclinls Parish Church CHARFrY EGISTRATION NUMBER NIC 103582 Kate Magill William Wright John Wright Robert McKay Mr5 Helen Crooks Margaret Graham Susan Acheson Hugh Leitch Peter Woods Betty Scroggy Ian Scroggy Ethel Simp50n Douglas Tyler Maureen Wright Merwyn Crooks PRINCIPAL OFFICE ADDRESS Ardclinis Parish Church Carnlough BALLYMENA Co Antrim INDEPENDENT EXAMINER Ryan Mc Faul ACA DT Carson & Co Chartered Accountants 51-.53 Thomas Street Ballymena LIT43 6AZ Page I ARDCLZNIS PARISH CHURCH tate For ofFi ci tivi cem 202 Unres und rlcte Tot Tot und 20 Income Recorded Giving Charitable Activities Rectory Share Down & Connor Board Of Education Gift Aid Donation RCB Sundry Funds RCB Trust Income DI0￿Se of Connor- General Fund Power NI refd & fuel grant ChurLh Hall rent re￿iVed Other Income (oraves ) Church of IrelaHd Trustees DistributSon Movement of C of Ireland Trustee alc 14,949 138 2,399 68 3,330 14,949 138 2,399 68 3,330 72,542 13,212 432 6B 5,367 145,363 58 23,726 72,542 224 24,082 24,306 62 2,020 1,510 117 62 2,020 1510 ii? 78,068 1,200 1,520 50 32,490 78,068 Bank Interest Total Income 376 376 199,885 352 223,838 24,082 150,610 Expenditure stipend & Fees Rectory Running Costs Church & Hall Running Costs Charitable Donations Connor Diocesan Assessment Administrative Costs Bank Fee5 10480.48 3199 16116.14 138 2933.88 2484 88.66 10,480 3,199 16,116 138 2,934 2,484 89 8,986 2,252 5,107 432 3,B50 265 77 Total Expenditure 35,440 35,440 20,969 Net Movement of Funds (10,247 24,082 150 610 164,445 202,869 econcillat. ffu Total Funds brought forward 86,908 44,694 810,259 941,861 738,774 Total Funds carried forward 76,661 68,776 960,869 1,106,306 941,861 Page 5 ARD ARISH C URC Bal at 31 December 202 Flxed Assets nrest estricte End wment 1202 Total 2023 Land &Buildings 823,529 823,529 823,529 Current Assets Bank c.urrent Account Cliurch of Ireland TrL15tees Alc 145,437 145,437 960,B69 131,603 810,259 960,869 Total Assets 968,966 960,869 1.929,835 1,765,391 Represented By Unrestrlcted funds Buildlngs Valuatlons General FuTids 823,529 76,661 823,529 76,661 823,529 86,909 Restrlrted Funds 68,776 68.776 44,694 Endowment Funds 960.869 960,869 810,259 Total church funds 900,190 68,776 960,869 1,929,835 1,765,391 Approved by Ihe trustees at a meeting on and slgned on Its behalf by T."ustee Dated ', Page 6 ARDCLINIS PARISH CHURCH Notes to the accounts for the ear 31 December 24 ACCOUNTING POLICIES (a) Basis of financial statements As the total income of the congregation 15 belween £250,000 and £500,000, In accordance with the provision5 in The Charlties 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 restricted or unrestricted income funds depending upon which the purpose for which the endowment was estsblished in the first place Restricted funds comprise of income whlch can only be expended on the restricted purposes intended by the donor Unrestricted funds are income funds which are to be spent on the congregation'5 general purposes. (c ) Balance 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 Charitles SORP(FRS102). These Herltage Assets are not therefore included in the Balance Sheet. The Church Hall and Ardclinis Rectory is included within the Accounts at a value determined by the Insurance Broker Page 7