CHURCH ACCOUNT INCOME FOR 2023 EXPENSES FOR 2023 F.W.O Gift Aid claimed on all giving 26,783.37 Assessment and Diocesan Fund 6.950.89 33,734.26 Organist Eleclricity Heating Oil Waler 1,139.58 Insurance on Church Buildings 483.1 F.W.O Envelopes 316 EE 790 Church Reports - instant print 1,087.00 Advertising 455 Ambassador Magazines 216 SUNDAY SCHOOL EXPENSES 410 4,896.68 Selections Boxes & Sunday School Books DONATIONS TO: Southern Area Hospi 1,280.00 Diocese of Armagh Hospice 1,000.00 L.E.M.O.S. 225 Bishops Appeal 100 Water Drops 50 Marie Curie 680 3,335.00 RAPC Earthquake Appeal Church Missionary Society Collectior Anom Donuia - Water Drops 2,805.00 OTHER EXPENSES: 1,783.77 Visiting Clergy 90 Defib Training 54.5 CCLI Licence 900 Christmas Tree 980 Harvest & Christmas Supplies 28 Servicing Fire Equipment 600 7.241.27 Sunset Signs Candlesl Photo framesl New Printer Donna Fletcher- Garden design Colin Weir- Grass culting Food for threshing day Repairs to Bell - cherry picker hire 301.13 Bank Fees 23,594.20 830 970.52 753 47.56 3,100.00 349.42 59.15 115 73.6 26.25 29,918.70 CHURCH COLLECTIONS Loose Collection Orange Service RAPC Hatwest for Church Missionary Gift Sundays Diocese of Armagh Hospi￿ cc Water Drops collection Bishop's Appeal 95 142.04 237.04 DONATIONS In memory of the Late Elizabel Money in Lieu of flowers Belty In memory ofthe late Mr & Mr: George Henning Grela Forster Other Donations - Use of chur( 100 455 483.1 500 500 1.000.00 316 45 790 500 4.689.10 OTHER INCOME Big Breakfast Threshing Day Coronation Tea Recycled Clothes New Plot Registration Graveyard Fees Payment for Ambassador Power Nl Voucher 190 50 142 129.99 199.08 96.66 96 436.96 500 250 52.9 80 145.13 2.368.72 BEQUEST CIT special Divd RCB DFC Investments RCB Investments Interest 2.13 60.72 105.91 132.37 Total Income 49,508.34 Total Expenses 37,213.56 Bank Balance at 31January 2023 Income 2023 Less Expenses 2023 Balance 31January 2024 52,605.29 49,508.34 37,213.56 64,900.07 Church Repair Fund Account CHURCH REPAIR FUND 2023 Balance at 31January 2023 98,610.74 INCOME Repair Envelopes Gift Aid 10,183.92 2,152.86 12,336.78 110,947.52 EXPENSES Repair Fund Envelopes DWS Design Stained glass Interest 194.57 12,000.00 9,247.20 46.64 21,488.41 Balance at 31January 2024 89,459.11 Wilson & Robinson Account Balance at 31January 2024 1,036.27 Hall Building Fund Account HALL BUILDING FUND Balance at 31 January 2023 11,441.40 INCOME Daera Bowling Club Donation Interest 1,210.40 100.00 10.75 1,321.15 12,762.55 EXPENSES Heating Oil Water Rates Energy Tech- Oil Tank Keith Woods- Oil Tank base Bunzel McLoughlan - Paper towels Bank Fees 1,247.00 59.89 1,016.40 620.00 29.27 42.35 3,014.91 Balance at 31January 2024 9,747.64 Rectory Account / Rectory Loan / Bequests RECTORY ACCOUNT Balance at 31January 2023 INCOME Rectory Rent Glebe Land Rent Interest 5,757.70 9,263.79 2,320.00 6.17 11,589.96 17,347.66 EXPENSES Loan Repayment Bank Fees Balance at 31January 2024 9,633.00 43.00 9,676.00 7,671.66 RECTORY LOAN ACCOUNT Balance at 31January 2023 Loan Repayments Debit Interest Balance at 31January 2024 -53,578.23 9,633.00 -3,966.13 -47,911.36 BE UESTS PAID TO PARISH FUND Miss M Callan Mrs E Kelly Mr G Crozier Mr T Rountree Mr G Stinson Miss H Hamilton 0.65 0.71 9.97 7.14 46.98 40.46 105.91 BEQUESTS PAID DIRECT TO STIPEND J B Houston Mr T Albin Rev. P Magee The Irwin Perpetual Annuity Mrs L Carson G Lambert DWKane D Heaslet RB Unit Trust anonymous Endowment RB Unit Trust Church Officers Composition Anon End 29.50 11.80 9.68 33.75 1.07 2.77 0.69 1.16 225.04 10.71 12.38 338.55 Statement of Assets and Liabilities as at 31° January 2024 Cash Funds Current Bank Account 64,900.07 89,459.11 9,747.64 7,671.66 1,036.27 Church Repair Fund Account Hall Building Fund Rectory Account Wilson & Robinson Account TOTAL CASH FUNDS 172,814.75 Investment Assets Investment in RCB Trusts 3,766.49 3,766.49 Liabilities Rectory Loan Assets Retained for £-47,911.36 The Parish's Own Use :_ Church Building/Contents New Church Hall/Contents Church Hall/Contents Rectory Glebe Land 663, 439 559, 960 132, 470 527,690 170, 000 TOTAL ASSFfs REfAINED FOR THE PARISH'S OWN USE £2,053,559 On Behalf of the Trustees the Accounts ( Pages I to 4) and Statement of Assets and Liabilities as at 31st January 2024. Trustee i Htsts-r Trustee 2 /Y. Mr Howard Pillow )-Fv Miss Mary Hamilton Notes to the Financial Statements for the year ended 31st January 2024 l.Accounting Policies Set out below are the principal accounting policies which have been adopted in the compilation of the Receipts and Payments Account and Statement of Assets and Liabilities. Receipts and Payment Account All items of the Income and Expenditure included within the Receipts and Payments Account have been accounted for on a cash receipts basis. Statement of Assets and Liabilities Assets Retained for Parish's own use The assets of the Parish, retained for its own use comprises: .Church Building and Graveyard .Church Halls .Rectory .Glebe Land The Church Building and Graveyard, Church Hall, Rectory and Glebe Land are valued at current market value. Investments Investments of RCB/CIT Unit Trusts are stated at fair value at the year end date. 2. Reconciliation of Cash Funds Current Account Total Cash Funds at 1.2.23 £52,605.29 £49,508.34 £37,213.56 £64,900.07 Receipts for the Year Payments for the Year Total Cash Funds at 31.1.24 Church Repair Fund Account Total Cash Funds at 1.2.23 £98,610.74 £12,336.78 £21,488.41 £89,459.11 Receipts for the Year Payments for the Year Total Cash Funds at 31.1.24 Rectory Account Total Cash Funds at 1.2.23 £5,757.70 £11,589.96 £9,676.00 £7,671.66 Receipts for the Year Payments for the Year Total Cash Funds at 31.1.24 Hall Building Fund Account Total Cash Funds at 1.2.23 £11,441.40 £1,321.15 £3,014.91 £9,747.64 Receipts for the Year Payments for the Year Total Cash Funds at 31.1.24 ilson & Robinson Account Total Cash Funds at 1.2.23 £1,036.27 £1,036.27 Total Cash Funds at 31.1.24 3. Movement in Funds Name Balance Allocation Endowment Bequest Endowment 2720.88 148.21 60.48 Stipend/General Fund Stipend/General Fund Kildarton Vestry Kildarton Vestry Bequests 836.92 4. Collections for Third Parties Year Ended 31.01.2024 Southern Area Hospice Diocese of Armagh Hospice LEMOS £ioo.00 £455.00 £483.10 Bishops Appeal Marie Currie £500.00 £iooo.00 RAPC £316.00 Waterdrops Earthquake Appeal Church Missionary Society Anon Donuia - Water Drops £500.00 £45.00 £790.00 £500.00 5. Transactions with the Trustees No trustee or a person related to a trustee had any personal interest in any contact or transaction entered into by the charity during the year. 6. Governance Costs There were no governance costs incurred during the year.