Parish of Drumgla55
Annual report and financial statements
For the year ended 31 December 2023
Charities Number: NIC104193
,iiiiiiiii

Annual report and financial statements for the year ended 31 DecembeT 2023
Contents
Pages
References and admlnistrative details
Trustees, Annual Report
Independent auditors, report to the Trustees
Statement of financial activities
Statement of financial position
Statement of cash flows
Notes to the financial statements
10-21

Parish of Drum8la55
References and administrative details
Charity Name-.
Parish of Drumglass
Charity Registration Number..
NIC104193
Contatt Address:
The Rectory
26 Circular Road
Dungannon
Co. Tyrone
Trustees
Rev Bryan Martin
Rev Matthew Topley
H Armstrong
D Buckley
B Davidson
M Boyle
A Ferguson
T Forsythe
R Houston
N Cheevers (Appolnted April 20231
E Kirk (Appointed April 20231
W Thompson (Appointed April 20231
D Nesbitt (Appointed Apri120231
M Kerr
L Leckey
A Magee
D Patterson
Asmyth
V Suitor
D Thompson
I Stewart (Resigned November 20231
G Boyle (Resigned Apri120231
J Mcknnstry (Resigned April 20231
E Bums (Resigned April 20231
Prindpal offic￿be3rers
Minister in charge..
Church Treasurer..
Church Warden- Clergy:
Church Warden- People..
Rev Bryan Martin
DThompson
W Thompson, D Buckley
E Kirk, D Patterson
Independent Examiner
Ruddell & Company
16 Church Street
Dungannon
Co. Tyrone
Bankers
Danske Bank
PO Box 183
Donegall Square West
Belfast

Trustees, Annual Report for the year ended 31 December 2023
The trustees present the annual report and accounts for the Parish of Drumglass for the year ended 31 December 2023.
Objectives and ArtivitTes
The charitable purpose of the Church of Ireland is the advancement of religion.
The principal funttion of the Parish of Drumglass IS to support the advancement of the Christian religion by promotln&
through the work of the Parish of Drumglass the whole mission of the Church, pastoral, evangelistic, social and ecumenical.
Being open to and en8agin8 wlth society as a whole and offering support for those needing help are fundamental to the
practical delivery of the benefits of Christianlty.
As a result of artivity in the pursult of the advancement of the Christian religion, the Parish of Drumglass has custody of
property and of records, materials and artefatts of signlficance to the cultural and religious heritage and malntenance of
which is undertaken by the select vestry of the Parish of Drumglass.
Achievements, Performance & Publlc Benefit
Drumglass Parish has weekly seNices on Sunday morning5 and evenings comprising of a mix of Holy Communion, Family
Service, Holy Baptism, Service of the Word, and Morning Prayer together with various other special services during the
year e.g. Lenten, Harvest thanksgiving, Advent and Christmas. There is also a weekly 5hopper5' Service held on a Thursday
morning. Pastoral care is provided for parishioners and those in the wider communlty-
A range of other activities are provided by Drumglass Parish either by the church direttly or through various church
organisations e.g. Choir, Sunday School, Crèche, Alf Youth Group, Prayer & Bible Study, Mother5, Union, Ladies, Guild,
Senior Citizens, Clubs, Badminton, Bowls. Table Tennis, Th4U women's group, Stepping Stones Carer and Toddlers Group,
Kidzone for primary school children, Brownies, Rainbows, and Guides. The Holiday Bible Club is held annually over a 5 day
period culminating in a Family Fun Night held in Dun8annon Park.
Drumglass Parish malntains an ongoing partnership with Belfast Central Mission IBCMI. This organization, in conjunction
with Housing Support for Young People provides food and household goods for vulnerable young people in the local
community who are homeless, leaving care orstrugglin8 to live independently. A partnership with Barnabas Aid also exists
for the distribution of food for those in need.
Drumglass Parish or8anises an annual Harvest Lunch, and two family BBQ'S are also organi5ed.
There is an effertive inter_church co-operation within the local community. Drumglass Parish plays an attive role in
Dungannon Churches Forum, and Dungannon Churches Together. as a part of which joint services are held on a regular
basis.
A number of members of the Parish serve on the Boards of Governors of local schools and support and encourage the work
of the schools helping to maintain good standards and prattlces. In addition, the stsff of the Parish lead a55emblies on a
regular basis in six of our local schools.
The Parish supports the work of other charities and missionary work by either makinE donations or holdlng special
collections in respect of same. We 5UPPOrt varlous charities and mission groups through ongoing deputation work, along
with the giving of financial and prayerful support from the Parish.
The artivities outlined above demonstrate how Drumglass Parish continues to implement its charitable purpose5 li.e. the
advancement of religion) and meets the public Benefit requirement. Benefits to members of the public include contributing
to splritual well-being of participants and the reinforcement of Christian values.
Drumglass Parish has mitlgated any potential harm from the activities it carrie5 Out through the implementation of the
Church of Ireland Safeguarding Trust Policy.

Trustees, Annual Report for the year ended 31 December 2023 (continued)
Achlevements, Performance & Public Benefit (continued)
The Parish ha5 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 achleve the P3rish's objectives and activities, a5 well
as providing public benefit.
Flnancial Review
The principal source of income of the Parish of Drumglass continues to be from Donations and Plate Collections.
The principal expense of the Parish of Drumglass is in respect of payments regarding Diocesan Costs/Assessrnent,
salaries and church / hall repairs and running expenses.
The Parish of Drumglass had a surplus of receipts over payments before other gains of £56,529.73 for the year
ended 31 December 2023.
The Parish of Drumglass continues to be in a healthy financial state as at 31 Decernber 2023 with total cash funds
of £58.135.47
The Parish of Drumglass aims to retain sufficient reserves to meet its expected future expenditure requirements
as well as potential future capital projects.
Going Concern
The trustees have reviewed its planned expenditure for the year ahead and are Satisfied that there are adequate funds in
place to ensure that the Parish can continue its activities and the financial statements for the year ended 31 December
2023 can be signed off as a going concern.
Strurture. Governance and Management
Governing Document and Conrtitution olthe Charity
Chapter 111 o* the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry
members are the Charity Trustees
Recruitment ttndAppointment oASelert Vestry
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 accustomed members of the congregation for at least three months, may register as member5
of the general vestry of the parish. allowing them to attend and vote at meetings of the general vestry and to stand for
electlon to the select vestry. Meetings 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 Vestry will hold their positions for a period of one year. Select Vestry
members May be re-elected annually and there is no limit on the nurnber of terms which may be served.
Organi5ationolStructure
The select vestry is responsible for the day to day management of the parish. The selecL vestry consists of the member of
the clergy serving in the parish, any curate assistant I'the curate"), the churchwardens, the glebe wardens and generally
not more than twelve other members ofthe general vestry elected at the General Vestry.
The select vestry is chaired by the incumbent or other member of the clerdy officiating in the parish. Select vestry members
are responsible for making decisions on matters of general concern and import3nee to the parish including deciding how
parish funds are to be applied.

Trustees, Annual Report for the year ended 31 December 2023 (continued)
The selert vestry meets at times fixed by the meTnbers or by the diocesan synod. Special meetin8s may be convened at
any time by the chairper50n or the churchwardens. In 2023 the Select Vestry meet 10 times during the year and the
average attendance was 94.1%.
Statement of Tru5tees' Responsibilities
The trustees are responsible for preparing the Trustees. Report and the financial statements in accordance with applicable
law and regulations.
The law applicable to charities in the Northern Ireland requires the trustees to preparÈ financial statements for each
financial year. Under that law the trustees have prepared the financial statements In accordance with Generally Accepted
Accounting Practice in the United Kingdom (accounting standards issued by the Financial Reporting Council in the UK
including Charities SORP IFRS 1021 Accounting and Reporting by Charities: Statement of Recommended Prattice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 "and promulgated by the Institute of Chartered Accountants in the United Kingdom and
United Kingdom Lawl Under that law the trustees must not approve the financial statements unless they
are satisfied that they give a true and fair view of the state of the affairs of the charity and of the statement of financial
activities of the charity for that period.
In preparing these financial statements, the trustees are required to-
select suitable accounting policies and then apply them consistently,.
make judgments and estimates that are reasonable and prudent
state whether the financial statements have been prepared in accordance with applicable Accounting Standards and
identify the standards in question, subject to any material departures being disclosed and explained in the financial
statements; and
prepare the financial statements on the going concern basis unle55 it is inappropf late to presume that the Parish wi15
continue as a going concern.
The trustees are responsible for keeping accounting record5 that are sufficient to show and explain the P3ri5h'5
transartions and disclose with reasonable accuracy at any time the financial position of the Parish and enable them to
ensure that the financial statements comply with the Charities Act (Northern Ireland) 2008. the Charity (Accounts and
Reports) Regulations (Northern Ireland) 2008 and the provision of the Constitution of the Church of Ireland. They are also
responsible for safeguarding the assets of the Parish and hence for taking reasonable steps for the preventlon and
detection of fraud and other irregularities.
Statement as to disclosure to our examiners
In 50 far as the trustees are aware at the timing of approving our trustees. annual report:
there is no relevant audit information of which the charitable examiner is unaware- and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant
exarnination information and to establish that the charitws examiner is aware of that information.
Independent Examiners
The examiners, Ruddell & Company, have indicated their willin8ness to continue in office, and a resolution concerning
their reappointment will be proposed at the Annual Easter Vestry Meeting.
On Behalf of the Trustees
Trustee I
Trustee 2
i/ pL&J s Lgfyf
21 March 2024

Independent Examiners Report to the Trustees of Drumglass Parish Church
I report on the account5 Of the Charity for the year ended 31 December 2023, which are set oLrt on pages 2 to 21.
Respective re5pon5ibilities of charfty 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 Directions given by the Commission under Section 65(9)Ibl of the
Charities Act
state whether particular matters have come to my attention.
Basis of independent examinerfs report
I have examined your charity accounts as required under section 65 of the Charities Att and my examination was carried
out in accordance with the general Direciions given by the Charity Commission for Northern Ireland under section
6519llbl of the Charities Att.
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 matters have corne to my attention giving me cause to believe:
l. That accounting records were not kept in accordance with section 63 of the Charities Act
2. That the accounts do not accord with those accountinE record5
3. That the accounts do not comply with the accounting requirements of the Charities Act
4. That there is further information needed for a proper understanding of the accounts to be reached.
Independent examlnerf5 Statement
I have completed my examination and have no concerns in respect of the matters (11 to14) listed above and, in
connettion with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that
require drawing to your attention.
JaL
Jonathan RLsddell
For Ruddell & Company
Dungannon
March 2024

Statement of Financial Activtties for the year ended 31 De￿mber 2023
Unrestricted
Funds
2023
Restricted
Funds
2023
Total
2023
Total
2022
Note
Income
Donations & legacies
Other trading activities
Investments
Charitable activities
other income
222,366.85
11,865.37
668.11
19,463.28
54,307.75
42,606.87
276,674.60
54.472.24
668.11
19.463.28
273,162.10
96.461.45
528.11
14.750.82
Total Income
254,363.61
96,914.62
351,278.23
384,902.48
Ex
enditure on..
Gener3ting funds
Charitable activitles
Other
Total Ex
369.14
237,409.17
14,003.42
251,781.73
4.753.21
37,288.56
825.00
42.966.77
5.122.35
274,797.73
14,828.42
294,748.50
272,055.74
14,560.64
286,616.38
enditure
Net Income/ (Expenditure) before
transfers
2,581.88
53,947.85
56,529.73
98,286.10
Transfer5 between fund5
18,926.091
8,926.09
Net Income/ {Expenditure} before
other reco8nised gains and1055es
16.344.211
62.873.94
56,529.73
98.286.10
Gain/lLossl on investments assets
Net movement In funds
16,344.211
62,873.94
56,529.73
98,286.10
Reconciliatlon of funds:
Total funds brought forward
394,893.97
429,277.57
824,171.54
725,885.44
Total funds carried forward
388,549.76
492,151.51
880,701.27
824,171.54

Statement of Financial Position as at 31 December 2023
Fixed Assets
Tangible Fixed Assets
Investment Properties
Investments
Total fixed assets
Note
2023
2022
li
12
971.745.87
950,182.37
13
971,745.87
950,182.37
Current Assets
Debtors
Cash and cash equivalents
Total current assets
14
36,083.26
58,135.47
94,218.73
34,739.32
90,299.85
125,039.17
Creditors- amounts falling due within one year
Creditors
Total creditors
15
185,263.33
185,263.33
251,050.00
251,050.00
Net Current Assets
191,044.601
(126,010.831
Total net Assets
880,701.27
824,171.54
The funds of the parish
Unrestrirted funds
General funds
Designated funds
Total unrestricted funds
Restricted Funds
Endowment Funds
366.399.22
22,150.54
388,549.76
492,151.51
364,138.42
30.755.55
394,893.97
429,277.57
17
17
17
Total charlty funds
880,701.27
824,171.54
The notes on pages 10 to 21 are an integral part of these financial statements.
The financial statements on pages 7 to 21 were approved by the Board of Trustees on 21 March 2024 and signed on its
behalf by..
Trustee I
Trustee 2
/ k(o.',%

Statement of Cash Flows for the year ended 31 December 2023
Total
funds
2023
Total
funds
2022
Note
Cash flows from operating activities:
Net cosh provided by (used inj operoting urtivities
Cash flows from Investing activities:
Dividend5, interest and rents from investments
Proceeds from the sale of property, plant and equipment
Purchase of property, plant and equipment
Proceeds from sale of investments
Purchase of investments
20
{10,781.711
251.488.86
180.83
528.11
(21,563.501 (378,312.541
Net cash provided by (usedlnj invertlng artivities
Cash flows from financing activities:
Repayments of borrowing
Cash inflows from new borrowing
Receipt of endowment
122,164,381 (377,784.431
Net cosh provided by (usedinjfinnncing octivities
Chonge in cosh ond c05h equNalents in the reporting period
Cash and cash equlvalents at the beginning of the reporting period
Change in cash and cash equÈvalents due to exchange rate movements
Cosh and cash equlvolents at the end of the reportlng period
{32,164.381 {126.295.571
90,299.85
216,595.42
21
58.135.47
90.299.85

Notes to the flnancial statements for the year ended 31 De￿rnber 2023
l. Accountlng policies
The principal accounting policies adopted. judgements and key sources of estimation uncertainty in the preparation of the
financial statements are as follows:
a) Basis of preparation
The financial statements have been prepared on a going concern basis in accordance with Accounting and Reporting by
Charities= Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting standard applicable in the UK and Republic of Ireland IFRS 102) - Icharities SORP {FRS 1021), the
Financial Reporting standard applicable in the UK and Republic of Ireland IFRS 1021.
ThÈ Parish meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at
historical c05t and transaction value unless Otherwise stated in the relevant accounting policy note.
b} Preparation of accounts on a going concern basis
The Parish generally meets its day to day working capital requirements from its annual income. The Trustees have obtained
and reviewed cash flow forecasts for the coming year and based on these are satisfied that the Parish has resources to
provide a reasonable expectation that it can continue to meet its financial obligations as they fall due for the foreseeable
future. Therefore. these financi31 statements have been prepared on a going concern basis.
c) Income
Plate Collections and Weekly Envelopes incorne are accounted for on a cash receipts basis as the amount is collected.
Income arising from the rental of Parish Centre facilities to third parties is recognised when the parish has entitlement to
the funds, any performance conditions attached to the income have been rnet, it is probable that the income will be
received and the amount can be measured reliably.
Income from governmentand othergrants, whether'capital'grants or'revenue, grants, is recognised when the charity has
entitlernent to the funds. any performance conditions attached to the grants have been met, it is probable that the income
will be received and the amount can be measured reliably and is not deferred.
Legacies are included within income under either unrestrlcted or restricted funds according to the terms under which the
donation is made and when the amount can be quantified with reasonable certainty. Donations and gifts in kind are
brou8ht into the account5 at their fair value to the Parish.
d) Expenditure
Expenditure is recognised once there is a leg31 or constructive obligation to make a payment to a third party, it is probable
that settlernent will be required and the amount of the obligation can be measured reliably.
Irrecoverable VAT is charged as a cost against the attivity for which the expenditure was incurred.
10

Notes to the financial statements for the year ended 31 December 2023
l. Accounting policies {contlnuedl
e} Tangible assets
The assets of the Parish compr15e:.
Church Buildings
Parish Centre
Glebe House
Fixtures and fittings
The Church Buildings are deemed to be Heritage assets as defined by the Charities SORP IFRS1021. These Heritage a55ets
are not included on the balance sheet 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 Parish Centre is physically attached to the church and is not separable as an individual asset. As such it 15 deemed to
be a Heritage asset and no value is ascribed to it in the balance sheet a5 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 House is recoEnised at deemed cost, being the estimated fair value of the property at 31 December 2023. No
depreciation has been provided on the glebe house 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 recognised at cost and are depreciated on a straight line basis over a period of 5 years. The assets,
residual values and useful lives are reviewed, and adjusted, if appropriate, at the end of each reporting period. The effect
of any change is accounted for prospectively.
The parish has set a minimum threshold of cost for an item to be considered to be capitalised as a fixed asset of not less
than £1,000.
Tangible assets are derecogni5ed on disposal or when no future economic benefits are expected. On disposal, the
difference between the new disposal proceeds and the carrying amount is recognised in the statement of financial
activities and included in 'Other operating Ilossesl/gains'.
n Investments
Fixed asset investments comprising investment properties, investments in equities and investment in RCBICIT Unit Trusts
are initially recorded at cost and are then subsequently stated at fair value at each balance sheet date. Investments in
ulqkn'ot
ir.vestments are recorded at cost and are assossed annually for impaSrment. lJnrealised gainr and losses
represent the difference between the fair value at the beginning and end of the financlal year or. if purchased in the year,
the difference between cost and fair value at the end of the year. Realised gains and losses represent the difference
between the proceeds on disposal and the fair value at the start of the year or cost if purchased in the year. Both realised
and unrealised gains and losses in investments are reported within "Net Gains I IL0s5esl on Investments within the
Statement of Financial Activities.

Notes to the financial statement5 for the year ended 31 December 2023 (continued)
l. Accounting policies (continued)
gl Cash and cash equivalent5
Cash and cash equivalents includes cash in hand, deposit5 held at call with banks, other short-term highly liquid
investments with original maturities of three months or less and bank overdrafts. Bank overdrafts are shown within
Creditors Amounts falling due within l year.
h) Financial instruments
The Parish only has flnancial assets and financial liabilities of a kind that qualify as basic financial instruments. 8asic financial
instruments are initially recognised at transaction price and subsequently measured at their settlement value.
i) Funds
Funds are classified as either rÈ5tritted funds or unrestricted funds, defined as follows.
Restricted funds are funds subject to specific requirements 3S to their use which may be declared by the donor or with
their authority or created through legal processes, but still within the wider objects of the Parish.
Endowment funds are funds which have been given on the condition that the original capital sum is not reduced, but the
income there from is used for the purpose defined in accordance with the objects of the Parish.
Unrestricted funds are expendable at the discretion of the trustees in furtherance of the objects of the charity. If parts of
the unrestritted funds are earmarked at the discretion of the trustees for a particular purpose, they are designated as
separate fund. Thi5 designation has an administrative purpose only and does not legally restrict the tru5tees' discretion to
apply the fund.
12

Notes to the financial statements for the year ended 31 De￿mber 2023 {contlnued)
2. Critical accounting Judgements and estlmation unortainty
Estimates and judgments made in the process of preparing the financial statements are continually evaluated and are
based on historical experience and other factors, including expectation5 of future event5 that are believed to be
reasonable under the circumstances. The Trustees do not consider that there are any critical judgments made in applying
the Parish's accounting policies or that there are any critical accounting estimates or assumptions which may have a
significant risk of causin£ a material adjustment to carrying amount5 of assets and liabilities within the next financial
year.
3. Donations and legacies
Unrestricted
Fund5
2023
Restritted
Funds
2023
Total
2023
Total
2022
Plate CollÈrtions
Weekly envelopes / FWO
Tax recovered on Donations
Legacies
Endowment income
Special Appeals
6,062.38
161,667.09
39.710.16
13,000.00
6,062.38
161,667.09
41.885.66
13,000.00
3,057.31
159.815.11
39,543.63
2,175.50
38,036.75
54.307.75
222,366.85
38,036.75
276,674.60
50,154.55
273,162.10
4. Other trading activities
Rentals from Parish Centre
Grants received
Special Fund Raising
4,944.08
2,225.00
4,696.29
11,865.37
2,730.00
7,674.08
2,225.00
44,573.16
54,472.24
5,202.50
71,911.22
19,347.73
96,461.45
39,876.87
42,606.87
5. Investments
Deposit interest
Dividends received
Rental Income- Investment
Properties
Bank interest
180.83
180.83
371.45
487.28
668.11
487.28
668.11
156.66
528.11
6. Charitable artivities
Weddings and funera15
agthziiie
Other
12.776.00
,898.0:
4,789.24
19,463.28
12.776.00
l.Q98.n4
4.789.24
19,463.28
3,760.00
2.IQK ?<
8,794.57
14,750.82
13

Notes to the financial statements for the year ended 31 De￿rnber 2023 {contlnued)
7. Analysis of Expenditure
UnrestriGted
Funds
2023
Restrirted
Funds
2023
Total
2023
Total
2022
Generating Funds
Investment Manager's Fees
Fundraising cost5
Other
369.14
4.753.21
5,122.35
369.14
4,753.21
Charitable Activities
Wages and Salaries
Diocesan Costs/Assessment
Church Running Costs
Glebe Costs
ChLtrch and hall repairs
Charitablo donations
Administration Costs
5,122.35
48.852.89
124,244.73
29,154.12
7,248.75
899.16
12,522.00
14,487.52
237,409.17
48,852.89
124,244.73
29.154.12
7.318.75
7,940.90
20,780.70
36,505.64
274,797.73
53,138.12
115.495.09
33,338.50
7,476.20
32,144.67
9,610.55
20,852.61
272,055.74
70.00
7041.74
8,258.70
22,018.12
37,388.56
Other Costs
Youthwork
Clergy Gifts
Other
Total Expenditure
1.614.96
1.245.00
11,143.46
14,003.42
1.614.96
2,070.00
11,143.46
14,828.42
825.00
2.459.90
4,650.00
7,450.74
14,560.64
825.00
Adminlstration costs of £36,505.64 were incurred during the year of which £1,260.00 relate5 to fees paid to the
independent examiner.
14

Notes to the financlal statements for the year ended 31 December 2023 {continued)
8. Gain /(Loss} on Investment Assets
2023
2022
Unrealised fair value gains I Ilossesl on
investments
Unrealised fair value gains I Ilossesl on
investment properties
Realised gains / Ilossesl on investments
Realised gainsllSossesl on investment properties
9. TaK*ion
The Parish of Drumglas5 is recognised as a charity for the purposes of applicable taxation legislation and is therefore
not subject to taxation on its charitable activities.
10. Analysis of staff costs, trustee remuneration and expenses. and the cost of key management personnel
Employees
2023
2022
Net salaries and wages
PAYE and national insurance costs
Work Place Pension
Total
41.778.87
5.672.48
1,401.54
48.852.89
44.349.03
7,171.80
1,617.29
53.138.12
The average number of employees during the year. calculated on the basis of a head count. was as follows:
2023
r4umber
2022
Number
Ministerial support
Administration
Music staff
Premises maintenance
There are no employees In receipt of employee benefits in exce55 of £60.000
15

Note5 to the financlal statements for the year ended 31 December 2023 (continued)
11. Tangible fixed assets
8ulldlngs
Office
Equipment
Cost
At beginning of the year
Addition5
Disposals
At end of the year
Total
950,182.37
19,338.50
2,225.(KJ
950,182.37
21,563.50
969,520.87
Depreciation
At beginning of the year
Depreciation
Disposals
At end of tho year
2,225.00
971,745.87
Net book value at beginning of the year
Net book value at end of the year
950,182.37
969,520.87
950,182.37
971,745.87
2,225.00
12. Investment Properties
Balance at Beginning of the year
Additions during the year
Disposals during the year
Fair Value Gains / (Losses}
Balance at end of the year
16

Notes to the financial stotements for the year ended 31 December 20231continued)
13. Investment5
Llsted
Investments
Other
Investments
Total
Balance at beginning of the year
Additions during the year
Disposals during the year
Fair Value gain / Ilossl on
investments
Balance at end of the year
Analysis of Investments
Equity Investments
Other Listed Investments
Investments in RB Unit Trusts
Other unlisted investments
14. Debtors
2023
2022
Gift Aid
36,083.26
36,083.26
34,739.32
34,739.32
15. Creditors Amounts Due within l Year
2023
2022
Accruals and other creditors
Taxation and Social Security
Bank Loans
1,260.00
1,050.00
184,003.33
185,263.33
250,000.00
251,050.00
17

Notes to the financlal statements for the year ended 31 December 2023 (continued)
16. Flnancial instrument5
The company has the following financial instruments:
2023
2022
Loans and receivables held at amortised c05t
Investments
Sundry debtors
36.083.26
Other receivables
Investment in shDrt term deposits
34.739.32
58,135.47
90,299.85
94.218.73 125,039.17
Financial liabilitie5 measured at amortlsed cost
Bank loans and overdrafts
Accruals and other creditors
184.003.33 250,000.00
1,260.00
1,050.00
185,263.33 251,050.00
17. Analysis of Net Assets Among Funds
General
Designated
Total
2023
Total
2022
Restricted
Fixed Assets
Investments
Current Assets
Restricted Funds held in
General/De5ignated accounts
Current Liabilitie5
Net assets at 31 December
308,943.50
662.802.37
971.745.87
950,182.37
62.416.22
22.150.54
9.651.97
94.218.73
125,039.17
13.700.501
11,260.001
366.399.22
3,700.50
(184,003.331 (185,263.331 (251.050.001
492,151.51
880.701.27
824,171.54
22,150.54

Notes to the financial statements for the year ended 31 December 2023 (continued)
18. Funds of the Parish
Atljan
2023
At 31 Dec
2023
Income
Expenditure
Transfers
Endowment funds
None
Restricted funds
Building Fund A/c
Building Fund No 2 A.C
Renovations Loan A.C
9,194.93
9,900.27
(250,000.001
(230,904.801
7,219.89
80,189.53
7.111.74
11,762.84
20,907.49
39.782.07
{4,305.001
173,673.07)
86,904.16
8,926.09
4,998.08
4,653.89
(184,003.33)
(174,351.361
Unrestritted funds
Designated Catering A/c
Designated Compassion Alc
87,409.42
4,867.62
2.545.07
7,558.94
27.22
3,270.40
260.00
13.744.001
150.001
5,412.16
2,262.29
Designated St Eliz. Senior Citizen Club
Designated St Eliz. Ladies Guild A/c
Designated Bible Studv Group Alc
Designated Table Tennis Club Alc
Designated A2J Youth A/c
Designated Kids Zone Alc
Designated Youth Alc
Designated Badminton A/c
Designated Bowling A/c
Designated Select A/c- Bowling
Designated Wages Alc
General A/c
General Fund- Danske Investment
General Fund - Subscriptions Alc
General Fund- non bank
Designated St Elizabeths Bowling
Designated Moygashel Rec Bowling
2,274.38
11,318.16
527.06
4,246.07
1.652.90
749.20
54.04
624.48
743.05
259.18
97.09
8.503.99
31,945.11
2.298.29
11,869.29
0.02
2,626.75
17,177.26
9.87
1,945.92
4,326.79
11.683.401
{517.211
4,246.07
1,561.66
22.13
443.71
1,332.82
1,219.45
11, 192.911
126.54)
1600.001
{300.001
27.50
810.50
115.55
1.524.75
285.00
0.91
738.73
612.50
260.09
15.08
7,485.31
18,847.65
47,481.35
203,022.93
47,399.34
19,832.49
122,419.311
146,694.001
182,171.76
9,321.85
46,694.00
1,343.94
187.00
120.00
263,868.81
983,871.69
685.00
112.25
1,055,076.34
121,353.501
155.00
30.00
254,966.43
1,006,569.13
717.00
52.25
1,055,052.63
1150.001
18,926.09}
Total funds
824,171.54
351,278.23
294,748.50
880,701.27
Pur
oses of Endowment Funds
The charity does not have endowment funds.
Pur
ose5 of Restricted Funds
8uilding Fund.. This 15 a fund to provide for reparations to church property.
Pur
oses of Desi
nated Funds
Catering Account - The Trustees have set aside funds for catering at events within the church.
Compassion Account - The Trustees have set aside funds for compassionate relief within the church.
Building Fund Account - The Trustees have set aside funds for reparations to church property.
St Elizabeth Senior Citizen Club Account- The Trustee5 have set aside funds for the running of the senior citizen club
within the parish.
St Elizabeth Ladies Guild Account - The Trustees have set aside funds for the rL*nning of the ladies guild within the
parish.
St Elizabeth Sunday School Account - The Trustees have set aside funds for the running of the Sunday School within
the parish.
19

Note5 to the financial statements for the year ended 31 December 2023 Icontlnued)
Pui
oses of Desi
nated Funds
continued
A2J Vouth Account - The Trustees have set aside funds for the running of the youth club within the parish.
Kids Zone Account- This account was closed during the year.
Youth Account - This account was closed during the year.
Badminton Account - The Trustees have Set aside funds for the running of the badminton club within the parish.
Bowling Accounts - The Trustees have set aside funds for the running of St Annes's, St Elizabeth's and Moy8ashel
bowling clubs within the parish.
Bowling Select Account - The Trustees have set aside funds for the running of the bowling clubs within the par ish.
Table Tennis Club Account- The Trustees have set aside funds for the running of the table tennis Club within the
parish.
Bible Study Account- This account was closed during the year.
19. Collectlon for Thlrd Parties
2023
8ishops' Appeal
Hospice
Leprosy Mission
Mens Reach
Heating for Hope
UDR
Dungannon Prirnary School
2022
1,775.00
2.929.00
165.00
2,360.00
260.00
151.75
1,201.75
1,212.50
1.520.00
1,565.85
478.85
8,433.70
5,186.00
The amounts Above have been included in total income for the year unLter "Donations and legacies" and in total
expenditure for the year under "Charitable Activities"
20. Reconciliation of net income/lexpendlturel to cash flow from operating activlties
2023
2022
Net income/lexpenditure) for the reporting period (as per the statement of
financial activities)
Adjustments for:
Depreciation charges
Dividends, interest and rents from investments
Loss/lprofitl on the sale of fixed assets
Ilncreasel/decrease in debtors
Increase/ldecreasel in creditors
Net cash provided by (used in) operating artivffities
56.529.73
98,286.10
1180.831
1528.11)
11,343.941
165,786.67)
110,781.71}
4,612.87
149,118.00
251,488.86
20

Notes to the financial statements for the year ended 31 December 2023 (continuedl
21. Analysis of cash and cash equivalents
2023
2022
Cash in hand
Notice deposits (less than 30 daysl
Overdraft facility repayable on demand
Total cash and cash equivalents
112.02
58,023.45
542.55
89.757.30
58,135.47
90,299.85
22. Transaction5 With the trustee5
The p3rish paid expenses of £7.318.75 during the year relating to the running costs of the rectory and other houses
which are occupied by Rev Bryan Martin and curate Rev Matthew Topley. The parish also paid a bursary of £700.00 to
M Monteith and a bursary of £500.OOto Joel Martin, 50n ofRev B Martin duringthe year. Aspecial collection of £825.00
was made for a gift for Mr K Mcllroy on his retirement as sexton and a retirement gift to the value of £45.00 was made
to former treasurer Mrs M Kerr.
21