St Michaels Parish Church of Ireland Sixmilecross
Statement of Receipts and Payments and Assets and Liabilities
For the year ended 31 December 2024
Charity Number: NIC104219
Trustees’ Annual Report for the Year Ended 31 December 2014
Statement of Trustees’ Responsibilities
The trustees are responsible for preparing the Trustees’ Report and the Statement of Receipts and Payments and the 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 to 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 behalf of the Trustees:
Alan Barr
Rev Alan Barr (Chair)
Date: 31[st] October 2025
Statement of Receipts and Payments for the year ended 31 December 2024
| December 2024 | |||||
|---|---|---|---|---|---|
| Unrestricted Funds |
Restricted Funds |
Endowment Funds |
Total 2024 |
Total 2023 |
|
| £ | £ | £ | £ | £ | |
| Receipts | |||||
| Donations and plate collections | **27,551 ** | 2,890 | - | **30,441 ** | 26,302 |
| Investment income | 146 | - | - | 146 | 138 |
| Bank interest and similar income | 12 | - | - | 12 | 21 |
| Gift aid | 5,025 | - | - | 5025 | 5,640 |
| Hall hire | 320 | - | - | 320 | 360 |
| Other income | **3,492 ** | 356 | - | 3,848 | 7,240 |
| Total receipts | 36,546 | 3,246 | - | 39,792 | 39,701 |
| Payments | |||||
| Diocesan assessments | 26,407 | - | - | 26,407 | 25,281 |
| Repairs, maintenance, and renewals | 5,454 | - | - | 5,454 | 10,184 |
| Insurance | 1,741 | - | - | 1,741 | 1,629 |
| Church running costs | 5,195 | - | - | 5,195 | 4,011 |
| Rectory costs | 500 | - | - | 500 | 1,097 |
| Administration | 456 | - | - | 456 | 339 |
| Charitable donation | 595 | - | - | 595 | - |
| Professional fee | 240 | 1,440 | - | 1,680 | - |
| Bank fees and similar charges | 124 | 37 | - | 161 | 161 |
| Sundry | 1,101 | - | - | 1,101 | 2,314 |
| Total payments | 41,813 | 1,440 | - | 43,253 | 45,106 |
| (Deficit)/surplus for the year | (5,267) | 1,769 | - | (3,498) | (5,315) |
| Reconciliation at 31 December 2024 | |||||
| Cash at bank 01 January 2023 | 30,414 | 46,890 | - | 77,304 | 82,619 |
| (Deficit)/surplus for the year | (5,267) | 1,769 | - | (3,498) | (5,315) |
| Cash at bank31 December 2024 | 25,147 | 48,659 | - | 73,806 | 77,304 |
Statement of Assets and Liabilities as at 31 December 2024
| Unrestricted Funds |
Restricted Funds |
Endowment Funds |
Total 2024 |
Total 2023 |
|
|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |
| Cash funds | |||||
| Danske Current Account | 25,147 | - | - | 25,147 | 30,414 |
| Danske Fabric Account | - | 48,659 | - | 48,659 | 46,890 |
| Total | 25,147 | 48,659 | - | 73,806 | 77,304 |
| Investment assets | |||||
| NS&I | 9,939 | 9,939 | |||
| Total | 9,939 | 9,939 | |||
| Assets retained for the Parish’s own use | Total 2024 |
Total 2023 |
|||
| £ | £ | ||||
| Church Hall | 280,000 | 280,000 | |||
| Glebe House (60%) | 370,364 | 370,364 | |||
| Total | 650,364 | 650,364 |