Recelpts and Payments Account for the year ended 31 December 2022 Unrestritted Restricted Endowment Funds Funds Funds Total Total Note 2022 2022 2022 2022 2021 Receipts Donations & plate collections Legacies oMeEtions for third parties Investment income 36,838 5.CK)O 798 31.399 187 364 340 Rental of premises Grants awarded 2.817 292 2,730 12,075 1,000 Other Receipts 2.793 Total Recelpts 48,902 47,731 Payments Diocesan Costs1As5essment Church RLJnning Costs Glebe Costs 17,731 9.324 2,216 1.350 792 14,003 7.745 920 Parish Centre Costs 1,390 I,iio Administration Costs Musical Service Costs Grant Expenditure Charitable & Missionary Donations Payments by Parish Organisation5 Collections to third parties 5,IXIO 10.114 5,015 30 4,815 150 798 187 Total Payment5 42,176 40.514 Excess of Reteipts over Payments for the year before transfers 6.726 7,217 Transfers Excess of Receipts over Payments for the year 6,726 7,217 On Behalf of the Trustees Trustee I Trustee 2 Statement of Assets and Liabilities as at 31 December 2022 Unrestricted Funds 2022 Restricted Funds 2022 Endowment Funds 2022 Total 202Z Total 2021 Cash Funds Current Accounts Deposit Accounts Total Cash Funds 126.761 120,035 126,761 120,035 Investment Assets Equity Investments Other Listed Investments Investments in RCB / CIT Unit Trusts Other unlisted investments Investment Properties Total Investment Assets io,0( 10,000 10.000 10.000 Assets retained for the Parish's own use Glebe lands Fixtures and FittinES 138.750 40,000 138,750 40,000 Total Assets retained for the Parish's own use 178.750 178,750 On Behalf of the Trustees -, cro/L Trustee 2 Notes to the flnancial statements for the year ended 31 December 2022 l. Accounting policies Set out below are the principal accounting policies which have been adopted in the compilation of the Recelpts and (a) Recelpts and Payments Account All items of income and expenditure included within the Receipts and Payments Account have been accounted for on a cash receipts basis. Ib) Statement of Assets and Liabilitie5 l) Assets retainedAor the Parish's own use The 355ets of the Parish. retained for its own use compri5e-. Church BuildinE and Graveyard Parish Hall Glebe Land Flxtures and fittings The Church Building and Graveyard and the Parish Hall are deemed to be Heritage assets as defined by the Charities SORP {FRS1021 These HeritaEe 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 commensurate with the benefit to the users of the accounts and to the parish. The Glebe Land is recognised at market value. being the estimated fair value of the property at 31 December 2022. No depreciation has been provided on the Glebe Lands as the current estimated residual value 15 not less than its carrying value and the remaining useful life currently exceeds 50 years. Fixtures and Fittings are recognised at cost and are depreciated on a straight line basis over a period of 7 years. 11) Investments Fixed asset investments comprising investrnent properties, investments in equitie5 (ordinary Shares) and investment in RCBICIT 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 retorded at cost and are assessed annually for impairment. Notes to the financlal statements for the year ended 31 December 20221contlnued) 2. Reconciliation of Cash Funds Total Cash Funds at Be Receipts for the Year Payment5 for the Year Total Cash Funds at end of theyear innin of the ear 48.902 42,176 126.761 MovemÈrtt in Funds Atljan 2022 Incoming Resource5 Outgoing Resource5 At31De 2022 Transfers Endowment funds Unrestrirted funds 120,035 48,902 42,176 126,761 Total funds 120,035 48.902 42,176 126,761 Notes to the financial statements for the year ended 31 December 2022 Icontlnued) 4. Collertions for Third Parties There have been several special collections for third parties during the year to 31 December 2022. LEMOOS £200.70 Mission Boxes £25.13 RCB Church of Ireland Bishops Ukraine Appeal £286.00 Samaritans Purse UK Ukraine Appeal £286.00 These arnounts have been included in Receipts forthe Year under"Collections for third parties" and in Payments for the year under "Collections to third parties 5. Transactions wlth the Trustees The parish paid expenses of £2.216 relating to the running costs of the glebe house which is occupied by the Rector. No trustees received any remuneration or reimbursement of expenses for other professional work done for the charity during the year. No other trustee or a person related to a trustee had any personal interest in any contrart ortran5action entered into bv the charity during the year. 6. Governance Costs Governance costs of Nil were incurred during the year of which Nil relates to fees paid to the independent examiner. Governan￿ costs are included within Administration costs in the Receipts and Payments Accounts.