Receipts and Payments Account for the year ended 315¢ December 2022
Note
Unrestricted
Restrict
Funds
2022
Endowment
Funds
2022
Total
2022
Total
2021
Funds
2022
Recei
Doiiations & plate
Collection
Proceeds from Fund
Raising Events
Legacies
Bank & Deposit interest
Investineiit incoine
Rental of premises
Sale of assets
Sale of investments
Grants
Receipts from General
Trustees
Other Receipts
Receipts fi'om Parish
Organisatioii's
54,800
52.800
32,523
700
700
680
128
34
162
148
6,976
6.976
6,492
1,045
190
1.045
190
545
400
Total Recei
ts
66,863
7,010
61,873
40,788
Pa
ments
Wages and Salaries
Dioccsan
Costs/Assessm¢nt
Churcli Running Costs
Gleb¢ Costs
Parish Centre Costs
Administration Costs
Fundraising Costs
Charitable Donations
Payinents froin Parish
Organisation's
26,936
26,936
27.059
17,898
4,689
505
18.403
4.689
6,919
2,429
443
22
465
372
1.183
1,183
404
Total Pa
ments
51,149
527
51,676
37,183
Excess of Receipts over
Payments for the year
before transfers
3,714
6,483
10,197
3,605
Transfers
Excess of Receipts over
Payments for the year
3,714
6,483
10.197
3,605
Trustee I
Trustee 2
io

Statement of Assets and Liabilities as at 31, December 2022
Unrestricted
Funds
Restricted
Funds
Endowtnent
Funds
Total
Total
2022
2021
2022
2022
2022
Cash Funds
Current Account5
23,034
23.034
19,320
Deposit Accounts
116,359
116,359
109,877
Total Cash Funds
23,034
116J59
139,393
129,197
Investment Assets
Equity Investments
Other Listed
Investments
Investments in RCB I
CIT Unit Trusts
Other unlisted
investments
Investment Properties
Total Investment
Assets
Assets retained for
the Parish's own use
Parish Centre
242,105
242,105
242,105
Glebe House & Land
170,000
599,100
769,100
769,100
Fixtures and Fittings
10,000
10,000
10,000
Total Assets retained
for the Parish's own
use
422,105
599,100
1,021.205
1,021,205
On Behalf of the Trustees
Trustee I
Trustee 2
li

Notes to the finallcial statements for the year ended 31. December 2022
Accounting policie5
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) Receipts and Payments Accoullt
All items of income and expenditure included within the Receipts and Payments Account have been
accounted for on a cash receipts basis.
(b) Statement of Assets and Liabilities
(i) Asse(s retaiiiedfor ilie Pllrisli's owii iise
The assets of the Parish, retained for its own use comprise..
Church Building and Graveyard
Parish Centre
Glebe House
Glebe Lands
Fixtures and fittincrs
The Church Buildincr and Graveyard 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 infomiation
on the cost or valuation is not available and such infonnation cannot be obtained at a cost ¢omrnensurate
with the benefit to the users of the accounts and to the parish. (This will be the most common accounting
policy, where the church is not deemed to be a heritaoe asset specific advice will need to be taken)
The Parish Centre
Is recognised at cost of construction l acquisition. No depreciation has been provided on the parish centre
buildin(rs as the current estimated residual value is not less than its carrying value and the remaining
useful life currently exceeds 50 years.
The Glebe House is recognised at deemed cost, being the estimated fair value of the property at 31,
December 2018. No depreciation has been provided on the glebe house as the current estimated residual
value is not less than its carryintr value and the remaininu useful life currently exceeds 50 years. The
Glebe House is currently leased at zero value to Aghavilly Youth Club. The Commercial Rate NAV is
£4,850.
The Glebe lands are lands held by trustees, they represent 58.1 acres valued at £1 1,000 per acre.
Fixtures and Fittings are recognised at an estimated value
ii) Investments
Fixed asset investments comprising investment properties, investments in equities (ordinary Shares) and
investment in RCB/CIT Unit Trusts are initially recorded at cost and are then subsequently stated at fair
value at each year end date. Investments in unquoted investments are recorded at cost and are assessed
annually for impairment.
12

Notes to the financial statements for the year ended 31. December 2022 Icontinuedl
Reconciliation of Cash Fund5
Total Cash Funds at Beginning of the year
Receipt5 for the Year
Payments for the Year
Total Cash Funds at end of the year
129.196
61,873
51,676
139,393
Movement in Funds
At 31 Dec
2021
Incoming
Resources
Outgoing
Resources
At 31 Dec
2022
Transfers
Endowment Funds
Restricted Funds
Church Lands
109,877
7,010
527
116,360
Unrestricted Funds
General Fund
19,319
54,863
51,149
23.033
Total
129,196
61,873
51.676
139,393
Pur
oses of Restricted Funds
Church Lands.. This is a fund to manage income from the church lands to be used the upkeep, maintenance and
repair of church property. The fund in managed separately from the Select Vestry by Trustees nominated by the
select vestry keeping their own accounting records
4. Collections for Third Parties
2022
2021
L.E.M.O.O.S.
Hospice Sunday
Bukavu
CMS Ireland
Diocese
400
400
162
650
200
200
133
1.183
966
The above amounts have been included in the receipts for the year under fund raising and in payments for the
year under charitable donations.
13

Notes to the financial statements for the year ended 31. December 2022 Icontinuedl
5. Transactions with the Trustees
The parish paid expenses of £4,689 relating to the running costs of the glebe house which is occupied by the
rector. The glebe house is managed by another parish in the group of three parishes. No trustee received any
remuneration or reimbursement of expenses during the year.
6. Governance Costs
No governance costs were paid during the year.
14