Notes to the Financial Statements for the year ended 31st December 2023 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 Hall Glebe Land Parochial Hall The Church Building and Graveyard, Church Hall, Parochial Hall 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 1.1.23 £8,454.07 £ 35,635.41 £ 34,568.67 £9,520.81 Receipts for the Year Payments for the Year Total Cash Funds at 31.12.23
Property Account Total Cash Funds at 1.1.23 £31,689.98 £ 4,885.30 £ 129.90 Receipts for the Year Payments for the Year Total Cash Funds at 31.12.23 £36,445.38 3. Movement in Funds Name Balance Allocation Endowment Bequest Endowment 90.60 88.11 430.37 Stipend/General Fund Sti pend/General Fund Lisnadill Vestry Lisnadill Vestry Bequests 434.82 4. Collections for Third Parties Year Ended 31.12.23 CMS Ireland Water Drops Hospice LEMOOS £330.00 £255.00 £584.60 Turkey/Syrian Ea¥thquake Macmillan Cancer £295.00 £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.
Lisnadill Parish Church Statement of Accounts for the Year Ending 31 December2023 RECEIPTS Bank Balance BIF BENEFACTIONS (RCB) G Coyne Miss E Moffett BEQUESTS (RCB) W Allen Miss E J Johnston Miss A M Allen Miss E Reid ENDOWMENTS (RCB) TGReid&ESReid T.G. Reid DONATIONS (RCB) G Scroggie Annual Subscriptions Mr & Mrs R Stinson Mrs L Stinson Mrs G Black Mr & Mrs R Crozier Mr & Mrs R Hamilton Mrs M Blemings Miss B McAllister 'The late Mr G King NIE Wayleave Diocese of Armagh Hospi Collection Bishop's Appeal (Tu rkeylsyrian Earthquake) LEMOOS (Orange Service) Family Service Collection Water Drops SS- Sponsored Walk CMSI Nepal Donations- Coronation & Back to Church BBQS SS- Cash for Clobber Donation to Sunday School Proceeds of Table Qu iz Mrs E Crozier- Use of Tennis Courts Photo Copying FreeTicket (Ulster Rugby) Lamb Family- Buriel of Ashes Buriel Fees & Use of Church Erection of Headstone & Surround New Grave Plots Sale of Lisnadill Harmony CDS EXPENDITURE 8454.07 Diocesan Expenses Fu nd ESB- Electricity Church Hall Church Finance Supplies (CS Envelopes) TL Dallas (Parish Insurance) 51.32 Grass Cutting Petrol for Lawn mower Hedge Cutting 16.63 NW Fire Ltd (Service of Fire Extinguisher 12.32 Faith Mission Bookshop (SS & Baptssm Books) LEMOOS (Orange Service) Diocese of Armagh Hospi Appeal Bishop's Appeal (Tu rkeylsyrian Earthquake) Macmillan Cancer- Donation from Songs of 1683.50 Praise Nov 2022 127.79 CMS Ireland- Water Drops) 255.00 Visiting Speaker Expenses Organ 1st Fees 295.00 Coronation BBQ Expenses 584.60 Back to Church BBQ Expenses 330.00 Harvest Supper Expenses Frew Business Machines- 220.00 Toner & Paper Gray's Coach Hire- Ulster 403.55 Rugby Match 40.00 The Sign Shed- Disabled 20.00 Parking Sign 632.00 H Kee- Changing lights in Church Hall 50.00 H Kee- Electrical 30.00 Inspection & Repairs 35.00 H Kee- Disconnecting Church Heaters 250.00 Microphone for Church Church Copyright Licence 600.00 Portadown Pictu re Framing Pleats Perfect- Church 250.00 Blinds 1150.00 Dehumidifier for Church CMS Ireland- SS 1283.50 Sponsored Walk 17357.26 0.82 21.01 1832.94 90.36 21.83 1923.30 2.62 1.20 2.12 45.38 131.71 1646.34 780.00 28.81 50.00 3.84 12.79 58.66 12.32 123.61 584.60 287.50 250.00 187.50 150.00 475.00 200.00 100.00 33.50 255.00 295.00 500.00 330.00 220.00 450.00 434.17 261.20 48.55 112.20 370.00 13.39 1586.52 1495.87 67.00 24.99 133.00 56.00 495.00 239.00 220.00
Lisnadill Parish Church Statement of Accounts for the Year Ending 31 December 2023 18577.10 CIEF Baptismal Cards 2423.27 Killeen Hardware- 1402.30 Lawnmower Service, 1485.00 Repairs & Key Cutting Education Authority- 1967.18 Recording CD 105.84 Hardlight Media- Production of CD 1332.68 Whittle Windows & Joinery New Doors in Hall TG Hawthorne- Christmas Tree Ewart's Jewellers - Wall Plaque Gift- Rev David Mccomb RCB Expen ses - Covenant Bank Charges Bank Balance £44089.48 TOTAL Stewardship Contributions Covenant (Stewardship) Church Collections Covenant (Property Fund) Covenant (Loose Collection & Fund Raising) Bank Interest DAERA Grant- Church & Hall Lighting 3.00 164.66 270.00 595.00 1776.00 139.00 120.00 750.00 334.50 125.33 9520.81 £44089.48 TOTAL ON BEHALF OF THE TRUSTEES Trustee 1 E. Atkinson Trustee 2 D Black
Lisnadill Parish Church Property Account For the Year Ending 31 December 2023 INCOME Balance BIF In Memorial Mrs C Boyd Donation in Memory of The Late Mr Gerald King Donation - Mrs Olive Forster & Family Mr G Compston Restoration Fu nd Envelopes Rectory Land Letting Bank Interest TOTAL EXPENDITURE 31689.98 Best Property Fees Balance CIF 129.90 36445.38 100.00 650.00 300.00 300.00 980.00 2165.00 390.30 £36575.28 TOTAL £36575.28 Trustee I Elizabeth Atkinson Trustee 2 David Black
Statement of Assets and Liabilities as at 31 December 2023 Cash Funds Current Bank Account 9,520.81 36,445.38 Property Fund Account TOTAL CASH FUNDS 45,966.19 Investment Assets Investment in RCB Trusts 1,043.90 134,431.00 Rectory Proceeds 135,474.90 Assets Retained for The Parish's Own Use :_ Church Building/Contents' New Church Hall/Contents° Parochial Hall/Contents° 1,530,000 (Buildings * plus Contents) Glebe Land 170, 000 TOTAL ASSEfs RAINED FOR THE PARISH'S OWN USE £1,700, 000 On Behalf of the Trustees Trustee I Trustee 2 Mrs Elizabeth Atkinson Mr David Black