Receipts and Payments Account for the year ended 31 December 2023
Unreslricled
Funds
2023
Reslricled Endowment
Funds
Funds
2023
2023
£s
£s
Total
2023
Totsl
2022
Note
Recei
Donations and plate collections
Toursladmission charges
Fees and charges
Legacies
Investment incorne
Grants
Other
80,091.56
10,714.10
6,282.00
1,000.00
8,290.10
29,084.80
3,924.75
13,225.14
93,316.70
10,714.10
6,282.00
1,000.00
8,290.10
35,965.33
3,924.75
85,615.39
8,187.88
5.117.00
15,000.00
11,699.78
16,652.20
2,886.80
6,880.53
Total Recelpis
139,387.31
20,105.67
159,492.98 145,159.05
ments
Wages
Diocesan costs
Adrninislralive costs
Church running costs
Music Hall running costs
Charitable donations
Other
27,409.67
12,315.20
9,807.28
45,618.24
3,963.85
4,200.00
5,283.15
2.750.00
30,159.67
12,315.20
9,874.43
48,596.64
3,963.85
17,262.64
6,929.28
21,021.71
14,623.55
10,552.64
60,832.15
7,137.83
13,486.06
5,568.73
67.15
2,978.40
13,062.64
1,646.13
Total Payments
108,597.39
20,504,32
129,101.71
133,222.67
Excessldeflcit of Recelpts ovèr Payments
for the year before transfers
30,789.92
.398.65
30,391.27
Transfers
Excessldeficit of Receipts over Paymènts
for the year
30,789.92
.398.65
30,391.27
Signed on behalf of the Trustees
Date
li

Statement of Assets and Liabilities as at 31 December 2023
Unreslricled
Funds
2023
Reslricled Endowment
Funds
Funds
2023
2023
£s
£s
Total
2023
Total
2022
Cash Funds
Current Accounts
Total Cash Funds
102,163.71
102,163.71
32,156.32
32,156.32
134,320.03
134,320.03
130,928.76
130,928.76
Investment Assets
M&G Unil Trusts
NICIFC Unil Trusts
RCB Unil Trusts
Total Investmenl Assets lat costl
23,000.QO
19,100.00
56,464.27
350.00
50,835.04
107,649.31
98,564.27
350.00
131,835.04
230,749.31
98,564.27
350.00
104,835.Q4
203,749.31
15,000.00
38,000.00
66,000.00
85,100.00
Assets retained for the Board's own use
Fixtures and fittings (Music Hall)
Total assets retained for the Board's own
use
62,000.00
62,000.00
44,500.00
62,000.00
62,000.00
44,500.00
Signed on behalf of the Trustees
Date
0.4..110 /24%Lk
12

Notes to the financial statements for the year ended 31 December 2023
1. Accounting pollcies
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 Account have been
accounted on a cash receipts basis
(b) Statement of Assets and Liabilities
li) Assets retained for the Cathedral's own use
The assets of the Cathedral, retained for its own use comprise...
Cathedral Bijilding and Churchyard
Fixtures and fillings (Music Hall)
The Cathedral Building and Churchyard are deemed to be Heritage assets as defined by the Charities
SORP {FRS1021. These Heritage assets are not included in the Slalement of Assets and Liabilities as
information on the cost or valuation is not available and such infomialion cannot be obtained at a cost
commensurate with the benefit to the users of the accounts and to the Cathedral.
Only the fixtures and fittings in the Music Hall are considered as assets of the Cathedral Board. The
landlord of the building is the Diocesan Properties Committee and is provided rent free for the sole use of
the Cathedral. Fixtures and fittings are recognised on a cost of renewal basis.
lil) Investments
Fixed asset investments comprising inveslmenls in RCB, NICIFC and M&G Unit Trusts are recorded at
cost with capital gains or losses reflected in the accounts as and when such assets are redeemed. The
market value of investments at 31 December 2023 is eslimaled al £390 k.
2. Reconciliatlon of Cash Funds
Total Cash Funds at beginning of the year
Receipts for the year
Payments for the year
Investment of funds
Total Cash Funds at end of the year
£130,928.76
£158,492.98
-£128,101.71
-£27,000.00
£134,320.03
13

3. Movement of Funds
Al 01 Jan
2023
Incoming
Resources
Outgoing
Resources
Al 31 Dec
2023
Transfers
Endowment Funds
Historical bequests and legacies
106,649.31
106,649.31
9,290.10
9,290.10
4,290.10 107,649.31
,290.10 107,649.31
Restricted Funds
Current Sub Account..
a. Collections for third parties
b. Cathedral Schools, Education Prog.
c. Specific grants
Development Sub Account..
Donations towards Iransepl wndow repairs
Deanery Sub Account
Organ Fund
Flower Fund
0.00
0.00
0.00
13,062.64
2,750. 00
4,130.53
-13,062.64
-2,750.00
.4,130.53
0.00
0.00
0.00
3,151.06
78,504.95
35,200.00
798.96
117,654.97
3,151.06
78,156.84
35,300.00
648.42
117,256.32
-348.11
100.00
62.50
20,105.67
-213.04
.20,504.32
Unrestrlcted Funds
Current Main Account
Development Main Account
38,856.01
71,517.78
110,373,79
120,220.21
9,877.00
130,097.21
-108,566.S9
-30.80
.108,597.39
8,290.10
58,799.73
81,363.98
8,290.10 140,163.71
Total Funds
334,678.07 159,492.98 -129,101.71
0.00 365,069.34
Pur
oses of Endowment Fund
To provide income for use al the discretion of the Cathedral Board including upkeep of churchyard
Pur
oses of Restricted Funds
Current Sub Account- As stated in table above
Development Sub Account - As stated in table above
Deanery Sub Account- To provide future accommodation for the Dean of the Cathedral
Organ Fund - To make provision for repairs to the Cathedral organ
Flower Fund - To provide flowers for display during services of worship
4. Donations and plate collections
2023
£s
62.993.46
23,023.27
7,299.97
93,316.70
2022
Weekly and annual freewill offerings (including Gift Aid)
Ordinary and special collections {including Gift Aid)
Other gifts and donations (including Gift Aid)
58,685.55
23,015.17
3,914.67
85,615.39
14

5. Grants
2023
£s
9,652.00
2,750.00
1,152.13
600.00
21,811.20
2022
£s
11,031.00
2,500.00
Benefact Trust Ltd. (for use al the discretion of the Calhedral Board)
Diocesan Board of Education {Cathedral Schools, Education Programme)
Grand Council of Knight Masons
Power Nl Energy Bills Support Scheme
RCB Church Fabric & Development Fund
Listed Places of Worship Grant Scheme (Cathedral fabric rep8irs)
RCB (one-off Covid Support Grant)
1,611.20
1,510.00
16,652.20
35,965.33
6. Administrative costs
2023
£s
5,413.00
3,766.13
695.30
9,874.43
2022
£s
4.974.41
4,884.26
693.97
10,552.64
Adminislralive assistance
Slalionary, printing, postage and etc.
8ank and audit fees
7. Church running costs
2023
2022
£s
17,696.51
32,768.94
4,050.00
6,316.70
60,832.15
Heat, light, water and sewage ServI￿S
Fabric and equipment maintenance
Ground maintenance
Insurances
16,297.11
15,096.81
10,391.09
6,811.63
48,596.64
8. Music Hall runnlng costs
2023
2022
£s
1,992.06
5,115.94
29.83
7,137.83
Heat, light, water and sewage seNices
Fabric and equipment maintenance
Insurances
2,520.93
1,410.75
32.17
3,963.85
9. Charitable Donations
2023
2022
£s
3,526.44
9,959.62
13,486.06
Diocesan Funds and Bodies
Missions and external Funds and Bodies
5,938.54
11,324.10
17,262.64
The above amounts have been included in Receipts for the Year under'Donalions"
and in Payments under'charitable Donations,
15

10. Transactions with the Trustees
The Board reimbursed £755.04 to one Iruslee in respect of minor running cost expenses incurred for and behalf of the
Board during the year. Apart from the aforementioned no trustee or a person related to a trustee had any personal interest
in any contract or transaction entered into by the charity during the year.
11. Governance Costs.
Govemance costs of £360.00 were incurred during the year all of which relates lo fees paid to the independent examiner.
Govemance costs are induded wilhin "Administration Costs. in the Receipts and Payments Accounts.
16