St. Saviour's Parish Church
Annual Accounts 2023

ST. SAVIOIJR'S PARISH CHURCH
ANNUAL REPORT & FINANICIAL sfATETrIENTS FOR THE YEAR ENDED 31sr
DECEMBER 2023
Contents
Pages
References and athninistrative delails of the Charity
Trustees. Report
Independent Examiners Report to the TTUStces
Receipts and Payments Account
Statement of Assets and Liabilities
Notes to the Financial Statements
9-13

ST. SAVIOUR'S PARISH CHURCH
Referenees and administrative detsils
Charity Name:
SL Saviour's Parish Church
Charity Registration Number:
NIC104045
Contact Address:
101 Drumnasoo Road
Portadown
BT62 4EX
Trnstees
Mr5 Irene M¢Ildoon
Robert Hobson
Denese Wright
Mrs S Cjavton
William Clayton
Meredith Quinn
Mrs K Maginnis
Mrs E Lindsay
Gerry Black
Jede Mulholland
Mrs J Forde
Mrs I Hewitt
Mr P Cloughley
Mr Lewis Black
Mrs C Balkwill
Mr G Mccoo
Principal Offiee-bearers
Clergy:
Cburch Treasurer..
Income Treasurer:
Church Warden- Clergy:
Church Warden - People:
Church Secretary
Rectors Glebe Warden
Peoples Glebe Warden
Rev. Carlton Baxter
William Clayton
Jede Mulholland
Mrs K Maginnis
Mrs E Lindsay
Jill Ford¢
Meredith Quinn
Mr L Black
Independent Examiner
David Brown
SD Brown & Co.
25-27 Edward Street
Portadown
BT62 3NE
Bankers
Danske Bank
Portadown

St. Saviourgs Parish Church
Trustees, Amnual Report for the yegr ended 31sI December 2023
The Trustees present the annual report and Statements of Receipts and Payments and Assets
and Liabilities for St. Saviours. Parish Churth.
Objectiv&s and Activities
The Charitable purpose of the Church of Ireland is in the advancement of religion.
The principal fimction of St. Saviour's Parish is to support the advancement of the Christian
religion by promotin& through the work of St. Saviour's Parish, the whole mission of the
Church, pastoral, evangelistic, social and ecumenical. Being open to and engaging with
society as a whole and offering support for those needing help are fvndamental to the
practical delivery of the benefits of Christianity.
As a Tesult of activity in the pursuit of the advancement of the Christian religio￿ St. Saviour's
Parish has custody of propety and of records. materials and artefacts of significance to the
cultural and religious heritage. Maintenance of which is undertaken by the Select Vesty of
St. Saviour's Parish.
Achievememts, Performance & Public Benefit
The Parish has weekly services on Sunday mornings and evenings comprising of a mix of
Holy Communion, Family Service/Baptism and Sunday School together with various other
special services during the year e.g. Lent Services, Harvest and Christmas Services. Bible
Td
Fellowship Meetings are held on the 1° & 3 Friday of each month. Pastordl Care is also
provided.
A range of other activities are also provided by SL Saviour's Parish either by the Church
direct or through various Church organisations e.g. Church Lads Brigade, Church Girls
Brigade, Ignite Youth Group, Mothers Union, Senior Citizens Thursday Friendship Group
and Craft Class.
St. Saviour's Parish has mitigated any potential harm from the above activities through the
implementation of the Church of Ireland Policy on Safeguarding TrusL
The Parish has given careful consideTation to the Charity Commission for Northern Ireland's
guidance on public benefit to ensure that the activities entered into during the year have
helped to achieve both the Parish's objectives and the implementation of public benefit.
Financial Review
The ]ncome into the Parish from various sources was £74.686 (£75,764-2022) with outgoings
of £75,656) (£89,618 -2022) giving a deficit of £970 (deficit of £13,854 2022). The Bank
and Cash in Hand BaJan¢e at 31° December 2023 was £85,033 (£86.003 2022). It is the
Trustee's Policy to hold sufficient reserves to cover unexpected emergencies, to enbance
funds to pay for future maintenance to the Church and grounds and to further the Objectives
and Activities ofthe Church of Ireland.

St. Saviour's Parish Church
Trustees, Annual Report for the year eDded 31st December 2023 (continued)
Going Concern
The Trustees have reviewed the budgets for the year ahead and are satisfied that there are
adequate funds in place to ensure that the Parish caD continue its activities and the financial
statements for the year ended 2023 can be signed off as a going concern.
STRUCTURE. GOVERNANCE AND MANAGETrtENT
Governillg Document and CoDstitution of the Charity
Chapter rji of the COnSti￿tIon of the Church of Ireland governs Parishes and Parochial
Organisation. The Sel¢ct Vestry members are the Charity Trustees.
Recruitment and Appointment of Select V&stry (frustees)
All members of the Church of Ireland who are over the age of 18 and are either resident
within the Parish or live elsewhere but have been accustorned member5 of the congregation
for at least three months, may registe¢ as members of the General Vesty of the Parish,
allowing them to attend and vote at meetings of the Generdl Vesty and to stand for election
to the Select Vesty. Meeting of the General Vesty are held at least once a year. The Select
Vesty is elected as part of this General Vesty meeting. The Select Vesty will hold their
positions for a period of one year. Select Vesty members may be re-elected annually and
there is no limit on the number of ternis which may be serv￿.
Pay and remunerntion
The Rev. Carlton Baxter receives a Stipen￿ office and locomotory allowances in accordance
with figures approved by the General Synod of the Church of Ireland in 2023.
Organisational Structure
The Select Vesty is responsible for tbe day to day management of the Parish. The Select
Vesty comprises a member of the Clergy serving in the Parish, the Church wardens, the
Glebe wardens and generally no more than twelve other members of the General Vestry
¢lected at the General Vesty Meeting.
Th¢ Select Vestry is chaired by the member of the Clergy officiating in the Parish. Select
Vestry members are responsible for making decisions on matters of general concern and
importance to the parish including deciding how Parish funds are to be applied. Thc
Treasurer is responsible for the Current Account and the Building Funds.
The Select Vesty meets at times fixed by the members of the Diocesan Synod. SpecÉal
meetings may be conv¢ned at any time by the Chairperson or the Church Wardens.

St. Saviour?s Parish Church
Trustees? ArAnual Report for the year ended 3151 December 2023 (continued)
Compliance Iyith Public Benefit
The Parish has given careful consideration to the Charity Commission for Northern Ireland's
guidance on public benefit to ensure that the activities entered into during the year have helped
to achieve the Parish's objectives and activitiffj as well as providing public benefit. As detailed
on page 4 above.
Statement of Truste&8' Responsibilities
The TTU5tees are responsible for preparing the Trustees, Repo¢ the Statement of Receipts and
Payments and Statement of Assets and Liabiltties in accordance with applÉcable law and
regulations,
The law applicable to charities in Northern Ireland with Income of less than £250,000 requires
the Trustees to prepare a Ststement of Receipts and Payments and a Ststement of Ass¢ts and
Liabilities for each financial year.
The Trustees are responsible for keeping accounting records that are suificient to show and
explain the Parish's transactions and disclose with reasonable accuracy at any time the assets
and liabilities of the Parish. They are also responsible for safeguarding the assets of the Parish
and hence for taking reasonable steps for the prevention and detection of fraud and other
irregularities.
Signed on Behalf of the Trustees
Trustee 2
Ll t_
Date

St. Saviour's Parish Chllreh
Independent Examiners Report to the Trustees of St. Saviourls Parish Church
I report on the accounts of the Trust for the year ended 31" December 2023, which are set out
on pages 7 to 12.
Respeettve responsibilities of charity trustees 2nd examiner
As the charity's trustees you are responsible for the preparation of the accounts in accordance
with the Charities Act (Northern hEland) 2008.
It is my responsÉbility to:
Examine the accounts under section 65 of the Charities Act
Follow the procedures laid down in the general Directions given by the Coinmission
under section 65(9)(b) of the Charities Act
State whether particular rnatters have come to my attention.
Basis of independent examiner's report
I have examined your charity accounts as required under section 65 of the Charities Act and
my examination was carried out in accordance with the general Directions given by the
Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act.
My examination included a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also included consideration of
any unusual items or disclosures in the accounts, and seeking explanations from you as
charity trustees concerning any such matters.
My role is to state whether any material rnatters have come to my attention giving me cause to
believe:
l. That accounting records were not kept in accordance with section 63 of the Cliarities Act
2. That the accounts do not accord with those accounting records
3. That the accounts do not comply with the accounting requirements of the Charities Act
4. That there is further inforn)ation needed for a proper understanding of the accounts to be
reached
Independent examiner's statement
I have completed my examination and have no concerns in respect of the rnatters (l) to (4) listed
above and. in connection with following the Directions ofthe Charity Commission for Northern
Ireland, I have found no matters that require drawing to your attention.
S. D. BROWN F.C.C.
CHARTERED CERTIFIED AccouNfANT
25-27 EDWARD STREET
PORTADOWN
BT62 3NE
DATE: 4 June 2024

St. Saviour's Parish Church
Receipts and Payments Account for the year ended 31° December 2023
Unrestricted Restricted
Funds
Funds
Total
Total
2023
2023
2023
2022
Note
Recei
Donatlons & plate collertion
Collectlon for Thlrd Partles
Bank & Deposit Interest
Investment Income
Rental Proceeds
other Receipts
Receipts from Parish Organisations
Total Recei
50,847
3,475
196
51,247 51,636
3,575
4,537
196
232
loo
2,322
7,030
9,151
2.322
2,224
7,030
7,030
9,151
9,095
1,165
1,010
74,686 75,764
1.165
1,665
73,021
ments
Wages and Salaries
Diocesan Costs/Assessment
Church Running Costs
Rectory Running Costs
Collections for Third
P3rties/Ch3ritsble Donations
Adminlstration Costs
Shop Insurance
Payments from Parlsh
Organisations
Total Pa
ments
3,070
42,965
13,906
2,575
3,070
2.950
42,965 39,358
18,423 29,944
2.575
8,882
4,517
5,478
1,753
522
5,478
1,753
522
4,977
2.632
466
870
870
409
70,269
5,387
75,656 89,618
Excess of Recelpts over Payments
for the year before transfers
Transfers
2,752
13.7221
(4.739)
(970) 113,8541
12.0001
4,739
Excess of Retelpts over Payments
for the year
7,491
18,461)
(970) {15,8451
On Behalf of the Trustees
Trustee I
Trustee 2
t)ate:

SL Saviour's Parisb Church
Statement of Assets and Liabiliti￿ as at 315t December 2023
Unrestricted
Funds
2023
Restrfcted
Funds
2023
Endowment
Fund5
2023
Total
2023
Totsl
2022
Cash Funds
General Account
Charity Account
Repair Account
Graveyard Account
Craft cla55
Bible Study
Thursday Fellowship
sunday School
Total Cash Funds
64,931
892
60.978
1,854
15,203
4,147
2,641
116
710
892
11,618
4,215
2.736
11,618
4.215
2.736
641
641
354
86,003
65,823
19,210
85.033
Investment Assets
Equity Investments
Other Listed
Investments
Investments in RCB I
CIT Unit Trusts
18860 Units of RB
General Unit Trust Nl
Other unlisted
investments
6 acre5 of Agrlcultural
land
Commercial Shop-
Woodhouse Street
Total Investment
Assets
80.249
80,249
11
75,000
75,000
75,000
21K),000
200,OOD
200,000
275,IXXI
80.249
355,249
352,911
Assets retalned for the
Parish's own use
Rertory
575,000
575,000
575,000
Total A55et5 retalned
lor the Parish's own
use
Total A%sets
575,01)0
575,000.
575,000
On Behalf of the Trustees
Trnstee I
Trnstee 2
ou
Date:
l TiltrL￿ xo 14-.

St. Saviour's Parish Church
Notes to the financial statements for the year ended 31st Deeember 2023
Accounting Policies
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 Aceount
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)
Assets retaiDed for the Parishgs oiyn use
The assets of the Parish, retained for its own use comprise:_
Church Building and Graveyard
Church Hall
Rectory
Fixtures and Fittings
The Church Building and Graveyard are deemed to be Heritage assets as defined by the
Charities SORP (FRSI 02)
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 infom]ation cannot be obtained at a cost
commensurate with the benefit to the users of the accounts and to the parish.
The Church Hall is in the Church Grounds and as such is not separable ￿ an asset. As such it
is deemed to be a Heritage asset and no value is ascribed to it in the statement of assets and
liabilities.
The Rectory is recognised at deemed cost being the value placed on it for insurance purposes.
No Depreciation has been provided on the rectory as the current estimated residual value is not
less than its carrying value and the remaining useful life currently exceeds 50 years.
Fixtures and Fittings are deemed to be Heritsge assets as defined by the Charities SORP
(FRS102). These fixthres and fittings are artefacts contained within the Church Building and
their preservation and contribution to culture are ancillary to faith and other purposes.
Heritage assets are not included in the statement of assets and liabilities as information on the
cost or valuation is not available and such infomation cannot be obtained at a cost
commensurats with the benefit to the users of the accounts and to the parish.
(i1}
Investments
Fixed asset investments comprise 6 acres of agricultural land, a commercial shop in
Woodhouse Stree( Portadown and investment in RCBICIT Unit Trusts. The 6 acres of
agricultural land has been valued using a market value of £12,5001acre. Th¢ commercial shop
has been recognised at deemed cost, bcing the value place on it for insurance purposes.
Representative Church Body (RCB) investments are initially recorded at cost and are then
subsequ¢ntly stated at fair value at each year end date.

SL Saviour's Parish Church
Notes to the fiDaneial statements for the year ended 31sI December 2023 (continued)
2. Reconciliation of Cash Funds
2023
2022
Total Cash Funds at Beginning
of the Year
Receipts for the Year
Payments for the Year
Transfer to RB Unit Trust
Totsl Cash Funds at end of the year
86.003
74,686
(75,656)_
101,857
75,764
(89,618)
3. Movement in Cash Funds
Incomin
At 1.1.23 Resou
oin
Investment
Resource Transfer ￿ At 31.12.23
oss
31.12.22
Endowm¢nt Funds
80.249
Re5trt ted Funds
Repair Account
Graveyard Account
Craft Cl&%s
Bible s￿dY
Thursday Fellowship
Sunday School
15203
4.147
2.641
116
710
354
500
4,500
815
(4,085)
(432) (4,000)
(420)
(2)
(419)
11,618
4,215
2,736
15,203
4,147
1641
116
710
354
(114)
350
325
Unrestricted Funds
Generdl Account
Charity Account
60,978
64.786
(64.792)
3.959
780
64,931
892
60,978
Total Cash Funds
86.003
oses of Endowment Funds
RCB Investments - These relate to various pernlanent endowments that the Church has
received that are invested with the Representative Church Body with the income each year
from such investments being paid to the Church for general Church purposes.
oses of Restricted Funds
Repair Account- This is a fund that is used to &ssist with the upkeep of the Church's
buildings and for the future cost of building works.
Sundry Restricted Funds- Th&se rclate to various restricted funds held for use by Church
Clubs.
10

SL Saviour's Parish Church
Notes to the financial statements for the year ended 31st December 2023 (continued)
4. Collections for Third Parties Receipts
2023
2022
Earl Haig Fund
Easter Appeal
Crosslinks
Bil)le a month project
Bishops Appeal
Carol Service
Orange Service
Ukraine Appeal
Hospice Collection
Charlenes Project
Mothers Union
Gery & Willie Fund Raised
Poppy Appeal
CLC GB Enrolment
183
1.345
53
1215
566
319
346
321
285
1,723
395
36
59
130
485
100
196
348
575
The above amounts have been included in Receipts for the Year under "Collections for Third
Parties" and in Payments for the year under"Collections for Third Parties".
5. Church Running Costs
202
2022
Insurance- Church, Hall & Rectory
Water Charges- Hall
Grounds Maintenance Church & Graveyard
LighL Heat & Boiler Service
Church & Halls Repairs
Fire Extinguisher Service
Music Copyright
Fire Alami Service
Test Lightning Conductorl New Earth
Pest Management
New Equipmcnt
Diocese Youth Grant
Church and Hall Expenses
Sundries
2.642
200
3JJ2
4,323
4,085
185
574
483
288
136
2,458
91
2,610
2,256
6,212
225
512
495
1,686
136
11,739
180
582
390
The above amounts have been included in Payments for the Year under "Church Running Costs"

St. Saviour's Parish Cburch
6. Rental Proceeds
2023
2022
Land Rental
Woodhouse Street Shop Relltsl
450
450
The above amounts have been included in Recelpts for the Year under "Rental Proceeds"
7. Other Receipts
2023
2022
InternmentslHeadstones
Kilmore Shared Expenses Re: Rectory
Upkeep & Stationery
Diocesan Grant
Sundries
Use of Church Hall
Breakfast
4,500
3,050
2,269
3.626
195
1,738
486
095
1,690
692
The above amounts have been included in Receipts for the Year under "Other Receipts"
8. Wages and Salaries
2023
2022
Sexton
Organist
Pulpit Supply
550
2.400
120
550
2.280
120
The above amounts have been Includ￿ in Payments for the Year under "Wages and Salaries"
12

SL Saviour's Par￿h Church
Colleetions for Third Partieslcharitable Donations
2023
2022
Bishops Appeal
Crosslinks
Love for Life
Ukraine
CMS Ireland
Hospice
Orange Service
Charlenes Project
Church Arniy
The Leprosy Mission
SAMS Ireland
RUC GC Association
Marie Cu￿le
Salvation Anny
Poppy Appeal
Daisy Lodge
Church Girls Brigade
Church Lads Brigade
Brasil
830
53
900
1,985
700
395
285
100
500
485
346
200
700
200
200
700
212
100
200
381
200
173.50
173.50
436
478
The abovc amounts have been included in Payments for the Year under "ColleGtions for Third
Parties"
13