Tynanlst VindicsJArTnaghlChurch Of Ireland
Accounts foi. the ear ended 31 December 2024
Page 2
Receipts and payments account
Restricted Endowment Unrestricted
Funds
Funds
Funds
2024
2024
2024
Total
2024
Total
2023
Receipts
Donations, bequests & plate collections
Investrnent income
Land income
Proceeds from fundraising events
Other income
Expense recharges to other Parish's
Total Receipts
26,823
496
8.122
597
1,658
5,714
43,410
26,823
834
8,122
597
1,658
5,714
43,748
26,775
1,523
8,124
339
3,687
8,934
49,043
339
Payments
Rectory expenses
Church expenses
Hall expenses
Land expenses
Assessment
Honoraria
Bank interest and fees
Charitable donations
Fundraising expenses
Printing and stationery
Payments for Church organisations
Equipment purchases
Other expenses
Total Payments
8,281
5,622
2,602
8,281
5,622
2,602
13.010
5,998
2,746
3,246
12,671
4,170
197
3,183
19,028
3,405
199
1,238
19,028
3,405
199
1,238
385
343
385
343
217
479
1,136
42,238
1,136
42,238
880
46,797
Net of receiptsl(payments)
339
1,172
1,511
2,246
Transfers
Net of receipts/(payments) after transfers
339
1,172
1,511
2,246
Signed as approved on behalf ofthe trustees by:
Trustee
Truste¢
Date:

Tynan/St Vindics/Armagh/Church Of Ireland
Accounts for the
ear ended 31 December 2024
Page 3
Statement of assets and liabilities
Restricted Endowment Unrestricted
Funds
Funds
Funds
2024
2024
2024
2024
2023
Cash funds
Current, deposit accounts and cash
15,933
19,495
35,428
33,917
Investment assets
Investments in RCB/CIT Unit Trusts
5,595
5,595
5,595
Assets held for charities own use
Fixtures, fittings and equipment
Agricultural land
Total assets held for eharities own use
23,100
23,100
23,100
192,000
192,000 192,000
215,100 215,100 215,100
Total assets
21,529
234,595
256,123 254,612
Signed As ap
d on behalf of the trustees by:
Trustee
Trustee
Date..

Tynanlst VindicslArmaghlChurch Of Ireland
Accounts for the
ear ended 31 December 2024
Page 4
Accounting policies
Set out below are the principal accounting policies which have been adopted IT) the compilation of the Receipts and
Payments Account and the Statement of Assets and Liabilities.
(a) Receipts and Payments Account
All items of income and expenditure included within the Receipts and Payments Account have been a¢¢ounted for
on a cash receipts basis.
(b) Statement of Assets and Liabilities
{1) Assets retainedfor Éhe Parish's own use
The assets of the Parish, retained for its own use comprise:.
Church Building and Graveyard
Church Hall
Rectory
Agricultural land
Fixtures and fittings
The Church Building, Graveyard and Church Hall 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 information on the cost
or valuation is not available and such information cannot be obtained at a Cost ¢ommensurate with the benefit to the
users of the accounts and to the parish.
The Rectory was built in the 1860's. There are no reliable records of the cost of this constructionl acquisition and
the valuation approach for such a building lacks suificient reliability. As a result this building is not recognised in the
parish statement of assets and liabilities.
24 acres of agricultural land has been valued at £8,000 per acre by the Trustees.
Fixtures and Fittings are recognised at a valuation provided by the Trustees plus additions made at cost.
li) Investments
Fixed asset investments comprising investment in RCBICIT Unit Trusts are recorded at cost.
ReconeilÉation of eash funds
2024
2023
Total cash fundg at the beginning of the year
Receipts for the year
Payments for the year
Totsl cash funds at the end of the year
33,917
43,748
42,238
35,428
31,671
49,043
46,797
33,917