STATEMENT OF ACCOUNTS. (Year Ending 31[st] December 2022}
| INCOME 2022 | £ | £ |
|---|---|---|
| Church Plate Collections | 2599.56 | |
| Free-Will Offerings | 15924.65 | |
| Net Gift Aid Donations | 55418.90 | |
| Net Donations to Development Fund | 13303.00 | |
| Tax Refund on Gift Aid Donations | 16642.27 | |
| (Including Development Fund and GASDS) | ||
| 103888.38 | ||
| Investment Interest: | ||
| 14329.01 | 14329.01 | |
| Halls: | ||
| RBP 511 | 100.00 | |
| Guides | 654.70 | |
| Mothers' Union | 50.00 | |
| Craft and Leisure Club | 400.00 | |
| Badminton Club | 250.00 | |
| Killyman Black Chapter | 180.00 | |
| Playschool | 750.00 | |
| Good Companions' Club | 450.00 | |
| Sundry Subscriptions for Use of Halls | 900.00 | |
| Jubilee Celebrations | 300.00 | |
| 4034.70 | ||
| Special Collections etc. | ||
| Confirmation Service Collection | 82.50 | |
| Orange Order Service Collection | 784.95 | |
| Bishops' Appeal | 380.00 | |
| Hospice Sunday Donations | 200.00 | |
| Remembrance Sunday Services | 353.45 | |
| Parishioner's Donation to SAMS | 250.00 | |
| Parishioners' Donations to CMS | 300.00 | |
| Missionary Boxes | 150.26 |
2501.16
| Magazines | ||
|---|---|---|
| Advertising | 520.00 | |
| Subscriptions to Parish Magazine | 211.00 | |
| Ambassador Magazine | 312.25 | |
| Church of Ireland Gazette | 40.00 | 1083.25 |
| Other Income: | ||
| Graveyard Fees | 5815.00 | |
| Donations towards Upkeep of Graves | 80.00 | |
| Sexton's House Rent | 5400.00 | |
| Church Lands | 1268.80 | |
| NIE Wayleave | 20.57 | |
| Christmas Craft Fair | 3415.00 | |
| Hire of Parish Hall Staging | 60.00 | |
| Wedding Donation | 25.00 | |
| Donations to DVD Ministry | 80.00 | |
| Amazon Smile | 22.61 | |
| Loose Change in Bag Left in Church | 22.28 | |
| Donation in Memory of the Late Mrs I Benson | 100.00 | |
| Electricity Rebate from NI Water | 1115.32 | |
| Donation to Jubilee Celebrations | 25.00 | |
| Donation towards Organ Repair | 600.00 | |
| Donation in Lieu of Flowers: | ||
| The Late Mrs H McCammon | 430.00 | |
| 18479.58 | ||
| TOTAL INCOME | £144,316.08 | £144,316.08 |
| EXPENDITURE 2022 | £ | £ |
|---|---|---|
| Dicosesan Assessment: | 48157.19 | 48157.19 |
| Church: | ||
| Heating Oil | 3336.42 | |
| Electricity | 886.75 | |
| Painting Church Windows and Porch | 2231.50 | |
| Upgrade to Recording System | 3011.62 | |
| Work on Lightning Conductor | 8025.60 | |
| Gluten-Free Communion Bread and Communion | ||
| Wine | 43.50 | |
| Organ Service and Repairs | 795.00 | 18330.39 |
| Salaries: | ||
| Office/Organist/Caretaker/Visiting Clergy | 11724.92 | 11724.92 |
| Halls: | ||
| Electricity | 2859.26 | |
| Heating Oil | 4488.21 | |
| Telephone and Internet | 828.89 | |
| Repairs to Alarm System | 525.10 | |
| Cleaning Materials and Catering Items etc. | 87.48 | |
| Lift Service and Repairs | 1042.20 | |
| Plumbing Repairs | 876.00 | |
| Door Closers for Kitchen | 85.03 | |
| Fridge and Freezer | 589.99 | |
| Repairs to Vacuum System | 579.78 | 11961.94 |
Rectory: Rates 1163.38
| Central Heating Oil | 340.00 | |
|---|---|---|
| Electricity | 351.41 | 1854.79 |
| Printing, Stationery, Postage, Telephone: | ||
| Photocopying/Printing | 879.03 | |
| Weekly Envelopes | 567.55 | |
| Church of Ireland Gazette | 40.00 | |
| Ambassador Magazine | 285.00 | 1771.58 |
| Donations: | ||
| To St. Mark's - Rector on a Tractor | 100.00 | |
| Bush Protestant Hall | 200.00 | |
| Tyrone Protestant Orphan Society | 500.00 | |
| Allocation to Missions | 1100.00 | |
| Dungannon Silver Band | 50.00 | 1950.00 |
| Special Collections etc. | ||
| Orange Service - Plate Collection | 784.95 | |
| Parishoners' Donations to CMS and SAMS | 550.00 | |
| Hospice Sunday Donations | 200.00 | |
| Confirmation Service - to Ministry Training Fund | 82.50 | |
| Bishops' Appeal | 380.00 | |
| Remembrance Sunday Service | 353.45 | |
| Missionary Boxes -to CMS and Leprosy Mission | 150.26 | 2501.16 |
| General: | ||
| Insurance | 6359.10 | |
| Rates - Sexton's House | 814.36 | |
| Bank Fees | 287.83 | |
| NI Water | 996.74 | |
| Danske Bank Guarantees | 169.72 | |
| Purchase of DVDs | 89.73 | |
| Repairing Tracks in Graveyard | 100.00 | |
| Omega Software Update | 275.00 | |
| Dept. of Agriculture | 164.70 | |
| Fencing Posts and Wire | 799.20 | |
| Electricity - Pumping Station | 261.26 |
| Jubilee Expenses | 332.74 | |
|---|---|---|
| Sweets for Christmas Fair Santa | 46.56 | |
| Electrics Testing | 1464.00 | |
| Fire Safety/Extinguisher Checks | 255.54 | |
| Palm Crosses | 72.57 | |
| Sunday School Competition Prizes | 33.00 | |
| Soil Clearing | 150.00 | |
| Grass Cutting | 4473.00 | |
| Removing Dump in Graveyard | 420.00 | |
| Copyright Licences | 842.00 | |
| Christmas Lights | 34.24 | 18441.29 |
| TOTAL EXPENDITURE | £116,693.26 | £116,693.26 |
SUMMARY OF ACCOUNTS
(General and Development Fund Accounts Combined)
| INCOME EXPENDITURE Excess of Income over Expenditure Balance at 31st December 2021 Balance at 31st December 2022 |
£144,316.08 £116,693.26 £27,622.82 £89,735.88 £117,358.70 |
|---|---|
MISSIONARY ACCOUNT
| £13,179.1 | ||
|---|---|---|
| Starting Balance (1st January 2022) | 1 | |
| Income | Coins in Jar in Church Porch | £356.51 |
| Sunday School Collections | £578.46 | |
| Danske Bank Interest | £8.03 | |
| Expenditure | To SAMS (For Peru Project) | £4,000.00 |
| Peru expenses returned to Miss A Halligan | £356.00 | |
| Balance at 31st Dec. 2022 | £9,766.11 |
Notes on Statement of Accounts:
Each year, direct giving forms a major part of the Church’s income. In 2022 this was approximately £3,700 (4.5%) more than in 2021. These figures do not include gift-aid tax refund. The direct giving through weekly envelopes increased significantly during the last two months of the year. This coincided with appointment of a part–time minister, the Revd. Chris Broddle, for a period of six months, until Easter 2023.
The Christmas Craft Fair took place again (the first since 2019) and raised a total of £3415.00.
A rebate of £1115.32 was received from NI Water. This was for electricity bills paid by the parish, for the pumping station, since its adoption by NI Water in 2019.
The Parish’s contribution to the Diocesan Sustentation Fund for the year was £48157.19 – approximately £20,000.00 less than the figure for 2021. This reduction was due to the parish being in vacancy, ie. no full-time minister was in place.
Apart from the Diocesan assessment and everyday running costs, the three other major, one-off items of expenditure were:
-
Upgrading the Church building’s lightning conductor - £8025.60.
-
Upgrading the Church building’s audio-visual and recording system - £3011.62.
-
Painting in the Church porch and some of the windows - £2231.50.
The cost of electricity and heating oil also increased significantly over the year.
Missionary Account:
£4,000.00 from the missionary account was sent to SAMS to support the work of the parish’s mission partners in Peru. This £4000.00 was in addition to the £4451.16 which was donated to missionary societies and other worthy causes from Church funds.
Statement of Assets and Liabilities as at 31[st] December 2022.
Cash Funds
Unrestricted (No 1 and Development Accounts) £117,358.70
Restricted (Missionary Account) £9,766.11
Investment Assets
R.C.B. General Unit Trust (N.I) 127,488.81 units @ £4.131 £526,652.93 Church of Ireland Trustees Unit Trust 352.8 units @ £1.4957 £527.69
Assets Retained for Parish’s Own Use
Church Heritage Asset Graveyard Heritage Asset Sexton’s House £105,000 Rectory £300,000 Parish Hall £1,644,995 Griffith Hall £258,523 Agricultural Land £105,000
Notes on Assets:
The values attached to the Investment Assets are the market values of the holdings as given by R.C.B. at 31[st] December 2022.
The Church and Graveyard are deemed to be Heritage Assets and so no monetary values are assigned to them in the statement of assets and liabilities.
The values assigned to the Rectory and Sexton’s House are the capital values given by L.P.S for rates purposes.
The values assigned to the Parish and Griffith Halls are the sums for which each building and its contents are insured. Both buildings are well maintained and are in very good order.
The value assigned to the agricultural land is its approximate sale value.
Liabilities:
The Church has no current cash liabilities.