St. Saviour's Parish Church
Annual Accounts 2024

ST. SAVIOUR'S PARtSH CHURCH
ANNUAL REPORT & FINANICIAL STATEMENTS FOR THE YEAR ENDED 31sr
DECEMBER 2024
Contents
Pages
References and administrative details of the Charity
TTUStees' Report
Independent Examiners Report lo the Trustees
Receipis and Payments Account
Statement of Assets and Liabilities
Notes to the Financial Statements
9-13

ST. SAVIOUR'S PARISH CHURCH
Referenc&% and administrative details
Charity Name:
St. Saviour's Parish Church
Charity Registration Number:
NIC104045
Contact Address:
l O I Drumnasoo Road
Portadown
BT62 4EX
Trustees
Mr E Reid
Robert Hobson
Denese Wright
Mrs S Clayton
William Clayton
Meredith Quinn
Mrs K Maginnis
Mrs E Lindsay
Gery Black
Jede Mulholland
Mrs J Forde
Mrs l Hewitt
Mr P Cloughley
Mr Lewis Black
Mrs C Balkwill
Mr G Mccoo
Principal oifice-bearers
Clergy:
Church Treasurer:
Income Treasurer:
Church Warden - Clergy:
Church Warden - People:
Church Secretary
Rectors Glebe Warden
Peoples Glebe Warden
Rev. Carlton Baxter
William Clayton
Jede Mulholland
Mr G Mccoo
bArs S Clayton
Jill Forde
Mr G Black
Mr L Black
Independent Examiner
David Brown
SD Brown & Co.
25-27 Edwwd Streel
Portadown
BT62 3NE
Banker5
Danske Bank
Portadown

St. Saviour's Parish Church
Trustees, Annual Report for the year ended 315( December 2024
The Trustees present the annual report and Ststernents of Receipts and Payments and Assets
and Liabilities for St. Saviours, Parish Church.
Objectives and Activities
The Charitable purpose of the Church of Ireland is in the advancement of rel igion.
Thc principal function of Sl. Saviour's Parish is to support the advancement of the Christian
religion by promoting, through the work of St. Saviour's Parish, the wholc 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 fundamental to the
practical delivery of the benefits of Christianity.
As a result of activity in the pursuit of the advancement of the Christian religion, St. Saviour's
Parish has custody of property and of records, materials and artefacts of significance to the
cultural and religious heritage. Maintenance of which is undertaken by the Select Vestry of
St. Saviour's Parish.
Achievements, Performance & Public Benefit
The Parish has weekly services on Sunday mornings and evenings comprising of a mix of
Holy Communion, Fami ly serviCe￿aptISM and Sunday School together with various other
special services during the year e.g. Lent Services, Harvest and Christmas Services. Bible
Fellowship Me¢tings are held on the 1° & 3, Friday of each month. Pasloral Care is also
provided.
A range of other activities are also provided by St. 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 Crafi Class.
St. Saviour's Parish has mitigaled any potential harnj from the above activities through the
implementation of the Church of Ireland Policy on Safeguarding Trust.
The Parish has given carefvl consideration to the Charity Commission for Northern Ireland's
guidance on public benefit to ensure thai the activities entered into during the year have
helped lo achieve both the Parish's objectives and the implementation of public benefit.
Financial Review
The Jncome into the Parish from various sources was £80,670 (£74,686-2023) with outgoings
of £88,332) (£75,656 -2023) giving a deficil of £7,662 (deficit of £970 2023). The Bank and
Cash in Hand Balance at 31" December 2024 was £77,371 (£85,003 2023). It is the Trustee's
Policy to hold sufficient reserves to cover unexpected emergencies, to enhance fvnds to pay
for future maintenance to the Church and grounds and to further the Objectives and Activities
of the Church of Ireland.

St. Saviour's Parish Church
Trustees, Annval Report for the year ended 315t December 2024 (continued)
Going Concern
The Trustees have reviewed the budgets for the year ahead and are satisfied thal there are
adequate fvnds in place to ensure that the Parish can continue its activities and the financial
statements for the year ended 2024 can be signed off as a going concern.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document and Constitution of tbe Charity
Chapter III of the Constitution of the Church of Ireland governs Parishes and Parochial
Organisation. The Select Vestry members are the Charity Trustees.
Recruitment and Appointment of Select Vestry (frustees)
All members of the Church of Ireland who are over the age of l 8 and are either resident
within the Parish or live elsewhere but have been accustomed members of the congregation
for at least three months, may regisler as members of the General Vesty of the Parish,
allowing them to attend and vote at meetings of the General Vestry and to stand for election
to the Select Vestry. Meeting of the General Vestry are held at least once a year. The Select
Vestry is elected as part of this General Vestry meeting. The Select Vesty will hold their
positions for a period of one year. Select Vestry members may be re-elected annually and
there is no limil on the number of ternis which may be served.
Pay and remuneration
The Rev. Carlton Baxter receives a stipend, office and locomotoj), allowances in accordance
with fjgures approved by the General Synod of the Church of Ireland in 2024.
Organisational Structure
The Select Vesty is responsible for the day to day management of the PaTish. The Select
Vestry 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
elected at the General Vesty Meeting.
The Select Vestry is chaired by the member of the Clergy officiating in the Parish. Select
Vcstry members are responsible for tnaking decisions on mailers of general concern and
importance to the parish including deciding how Parish funds are to be applied. The
Treasurer is responsible for the Current Account and the Building Funds.
The Select Vestry meels at times fixed by the members of the Diocesan Synod. Special
meetings may be convened at any time by the Chairperson or the Church Wardens.

St. Saviour's Parish Chureh
Trustees, Annual Report for the year ended 31st December 2024 (eontinued)
Compliance with Public Benefit
The Parish has given careful consideration to the Charity Commission for Northern Ireland's
guidancc on public benefit to ensure that the activities entered inlo during the year have helped
to achieve the Parish's objectives and activities, as w¢ll as providing public benefit. As detailed
on page 4 above.
Statement of Trustees, ResponsibilAties
The Trustees are responsible for preparing the Trustees, Repor4 the Statement of Receipts and
Payments and Statement of Assets and Liabilities in accordance with applicable law and
regulations.
The law applicable to charities in Northern Ireland with Income of less than £250,000 requires
the Trustees lo prepare a Statement of Receipts and Payments and a Statement of Assets and
Liabilities for each financial year.
The Trustees are responsible for keeping accounting records that are sufficient 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 Behaifof the Trustees
Trustee I
Trustee 2
Date
18/5
202

St. Saviour's Parish Chureh
Independent Examiners Report to the Trustees of Sl. Saviour's Parish Church
I report on the accounts of the Trust for the year ended 31 December 2024, which are sel out
on pages 7 to 12.
Respective responsibilities of charity trustees and examiner
As the charity's trustees you are responsible for the preparation of the accounts in accordance
with the Charities Act (Northern Ireland) 2008.
It is my responsibility to:
Examine the accounts under section 65 of the Charities Act
Follow the procedures laid down in the general DiTections given by the Commission
under section 65(9)(b) of ihe Charities Act
State whether particular matters 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 oul 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
compari50n of the accounts presented H'ith those records. li 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 matters have come to my attention giving me cause to
believe:
l. That accounting records were noi kept in accordance with section 63 of the Charities 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 fvrther infonnation 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 respecl of the matters ( l ) to (4) listed
above and, in connection with folloiving the Directions of the Charity Comm ission for Northern
Ireland, I have found no matters thal require drawing to your attention.
S. D. BROWN F.C.C.A.
CHARTERED CERTIFIED ACCOUNTANT
25-27 EDWARD STREET
PORTADOIVN
BT62 3NE
DATE:

St. Saviour's Parish Church
Receipts and Payments Account for the year ended 31" December 2024
Unrestricted Restricted
Funds
Funds
Total
Total
2024
2024
2024
2023
Note
Recei
Donations & plate collettion
Collettion forThird Parties
57,136
2,816
188
57,136
2,916
188
51,247
3,575
196
100
Bank & Deposit Interest
Investment Income
Rental Proceeds
2,519
7.030
5,366
2,519
7,030
9,512
1,369
80,670
2,322
7,030
9,151
1,165
74,686
Other Receipt5
Receipts from Parish Organisations
Total Recel
4,146
1,369
5,615
75,055
Pa
ments
Wages 3nd Salaries
Diocesan Costs/Assessment
Church Running Costs
Rectory Running Costs
Collections for Third
Partles/Charitable Donations
Administration Costs
Shop Insurance
Payments from Parish
Organisations
Total Pa
ments
3,076
46,261
17.619
6,750
3,076
46,261
23,586
7,604
3,070
42,965
18,423
2,575
5.967
854
4,806
1,648
513
25
4,831
1,715
513
5,478
1,753
522
67
746
746
870
80,673
7,659
88,332 75,656
Excess ol Receipts over Payments
for the year before transfers
Transfers
15.6181
{2,0441
(1,475)
17,6621
1970)
1,475
Excess of Recelpts over Payments
for the year
{4,143)
{3,519)
17,6621
19701
On Behalf of the Trustees
Trustee I
Trustee 2
Date:

St. Saviour's Parish Church
Statement of Assets and Liabilities as at 315t December 2024
Unrestrlcted
Funds
2024
RestTicted
Funds
2024
Endowment
Funds
2024
Total
2024
Total
2023
Cash Funds
General Account
Charity Account
Repair Account
Graveyard Account
Craft Class
Thursday Fellowshlp
Total Cash Funds
60,317
1,363
60,317
1,363
11,230
1,028
2,600
833
77,371
64,931
892
11,618
4,215
2,736
641
85,033
11,230
1,028
2,600
833
15,691
61,680
Investment Assets
Equity Investments
Other Listed
Investment5
Investments in RCB /
CIT Unit Trusts
18860 Units of RB
General Unit Trust Nl
Other unlisted
investments
6 acres of Agricultural
land
Commercial Shop-
Woodhouse Street
Total Investment
Asset5
81,739
81,739
80,249
75,000
75,000
75,000
200,000
200,000
200,000
275,OlXI
81,739
356,739
355,249
Assets retained for the
Parlsh's own use
Rectory
575,000
575,000
575,000
Total Assets retained
for the Parlsh's own
use
575,000
575,000
575,000
Total Assets
911
00
iio
82
On Behalf of the Trustees
Trustee I
0%
Trustee 2
Date:
20S"

St. Saviour's Parish Chu rch
Notes to the financial statements for the year ended 31st December 2024
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 Account
All items of income and expenditure included within the Receipts and Payments Accounl
have been accounted for on a cash receipts basis.
(b) Statement of Assets and Liabilities
(i)
Assets retained for the Parish's own use
The assets of the Parish, retained for its own use comprise:_
Church Building and Graveyard
Church Hall
R¢ctory
Fixtures and Fittings
The Church Building and Graveyard are deemed to be Heritage assets as d¢fined by the
Charities SORP (FRS102)
These Heritage assets are not included in the statement of assets and liabilities as infonnation
on the cost or valuation is not available and such information 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 nol separable as an asset. As such it
is deemed to be a Heritage asset and no value is ascribed to il 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 usefvl life currently exceeds 50 years.
Fixtures and Fittings are deemed to be Heritage assets as defined by the Charities SORP
(FRS102). These fixtures and fittings are artefacts contained within the Church Building and
their preservation and contribution to culture are ancillary to faith and other purposcs.
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
commensurate with the benefit to the users of the accounts and to the parish.
(li)
Investments
Fixed asset investments comprise 6 acres of agricultural land, a commercial shop in
Woodhouse Street, Portadomin and investmenl in RCB/CIT Unit Trusts. Th¢ 6 acres of
agricultural land has been valued using a markel value of £12.5001acre. The commercial shop
has been recognised at deemed cost. being the value place on it for insurance purposes.
Representative Church Body (RCB) investments are initially recorded at cost and are then
subsequently stated at fair value at each year end date.

St. Saviour's Parish Church
Notes to the financial slatemeDts for the year eDded 31st December 2024 (continued)
2. Reconciliation of Cash Fullds
2024
2023
Total Cash Funds at Beginning
of the Year
Receipts for the Year
Payments for the Year
Total Cash Funds at end of the year
85,003
80,670
86,003
74,686
3. Movement in Cash Funds
Incomin
oin
At 1.1.24 Resources Resource Transfer
Investment
Gain
oss
At31.12.24
31.12.23
Endowmenl Funds
Restricted Funds
Repair Account
Graveyard Accounl
Craft Class
Thursday Fellowship
11,618
4,215
2,736
641
1,946
2,300
874
495
(2,334)
(4,487) (1,000)
{560)
(450)
78
25
11,230
1,028
2,600
833
1,618
4,215
2,736
641
Unrestricted Funds
Genera] Account
Charity Account
72,239
(78,573)
1,720
245
60.317
64,931
892
892
Total Cash Funds
165 282
88
32
159110
165 282
oses of Endowment Funds
RCB Investments - These relate to various pern)anent 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 assist with the upkeep of the Church's
buildings and for the future cost of building works.
Sundry Restricted Funds - These relate lo various restricted funds held for use by Church
Clubs.
10

St. Saviour's Parish Church
Notes to the financial statements for the year ended 31sI Decejnber 2024 (continued)
4. Collections for Third Parties Receipts
2024
2023
Easter Appeal
Leprosy Mission
Bishops Appeal
Carol Service
Orange Service
Hospice Collection
Gerry & Willie Fund Raised
Poppy Appeal
CLC GB Enrolment
1,185
93
1,215
566
319
346
485
100
196
348
395
312
595
100
119
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 RunniDg Costs
2024
2023
Insurance - Church, Hall & Rectory
Water Charges - Hall
Grounds Maintenance Church & Graveyard
Light, Heat & Boiler Service
Church & Halls Repairs
Fire Extinguisher Service
Music Copyright
Fire Alarn) Service
Test Lightning Conductor/ New Earth
Pest Management
Diocese Youth Grant
Church and Hal l Expenses
Sundries
2,773
245
8,057
6.140
3,492
2.642
200
3,312
4,323
4,085
185
574
483
288
136
180
582
605
782
300
136
1.056
The above amounts have been included in Paymenls for the Year under "Church RunnÉng Costs"

St. Saviour's Parish Church
6. Rental Proceeds
2024
2023
Land Rental
Woodhouse Street Shop Rental
450
450
030
The above amounts have been included in Receipts for the Year under "Rental Proceeds"
7. Other Receipts
2024
2023
Internments/H¢adstones
Kilmore Shared Expenses Re: Rectory
Upkeep & Stationery
Concert
Sundries
Use of Church Hall
Breakfast
2.300
4,500
3.237
1,830
535
1,150
460
512
2,269
1,690
692
151
The above amounts have been included in Receipts foi the Year under "Other Receipts"
8. Wages and Salaries
2024
2023
Sexton
Organist
Pulpit Supply
550
2,400
126
550
2,400
120
The above amounts have been included in Payments for the Year under "Wages and Salaries"
12

St. Saviour's Parish Church
Collections for Third Partieslcharitable Donations
2024
2023
Bishops Appeal
Crosslinks
Love for Life
SOMA
100
Derryhale Primary School Collection & Screens 2,606
Hospice
595
Orange Service
312
Charlenes Project
Church Arn]y
The Leprosy Mission
SAMS Ireland
RUC GC Association
Air Ambulance
Salvation Anny
Poppy Appeal
Daisy Lodge
Church Girls Brigade
Church Lads Brigade
Brasil
830
53
900
485
346
200
700
200
200
500
100
355
25
200
381
200
173.50
173.50
436
120
59
59
The above amounts have been included in Payments for the Year under "Collections for Third
Parties"
13